Question
Which of the following statements are not true regarding
the issuance of a bank guarantee? 1. All bank guarantees have an expiry period and expiry date. 2. Banks are required to maintain capital against the non-fund-based facilities like Bank Guarantee 3. Banks should comply with Ghosh Committee recommendations while issuance of bank guarantee 4. The banks are not allowed to issue bank guarantee in favor of other banks and financial institutions.Solution
Banks can issue bank guarantees in favor of other banks and financial institutions. Rest of the statements are correct.
From the following letters, select the sixth and fourteenth letters from your right and select the fifth and twentieth letter from your left and form a...
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Conclusion I: Some ropes are spoons.
Conclusion II: All...
Statement:Â
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No engineer is a teacher.
All students are teachers.
Conclusion:
I. Some teac...
Select the option that is related to the fifth letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster and th...
Choose the right water image of the given question from the given options.
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Six friends G, H, M, J, K and L are sitting in a straight line facing north. G is sitting between L and H. H is fourth to the right of M. K is to the im...
Eight people E, F, G, H, J, K, L and M are sitting around a circular table facing the centre but not necessarily in the same order. F is sitting second ...
During lunch break, eight colleagues, namely A, B, C, D, E, F, G and H are sitting in a circle facing the centre at equal distances. B is an immediate n...
Each vowel in the word ‘SIMILAR’ is changed to the following letter in the English alphabetical order and each consonant is changed to the preceding...
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