Question
Which of the following public sector bank has received
the approval of the RBI to open a special Vostro account with Gazprom Bank of Russia for trade settlement in Indian rupees?Solution
UCO Bank has received the approval of the Reserve Bank of India to open a special Vostro account with Gazprom Bank of Russia for trade settlement in Indian rupees. UCO Bank which is a Kolkata-based lender is the first bank to receive the regulator’s approval following the decision of RBI to allow Indian Banks to settle trade in Indian currency in July.
Identify the Prepaid Payment Instruments (PPI) from the following options?
A company invests in different assets simultaneously in order to reduce risks. What is this strategy called?
Which of the following is NOT an example of a forward contract?Â
Micro Finance Development and Equity Fund is administered by:
In case when prices are going down, buyer of a futures position will be given a call for the margin:
Anyone who wants to be a Depository Participant needs to be registered with:
A bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an International Bank. Th...
Calculate the Debt/Equity Ratio of the company from the above information.
Flexible Budget is a budget with which features?
When did Financial Stability Board come into existence?
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