Question
In Banking Industry, what is true about CASA.
i. It stands for Current Account and Saving Account ii. CASA represents the low-cost funds available to the bank iii. Banks pay zero interest on the balances on Current AccountsSolution
CASA ratio of a bank is the ratio of deposits in current and saving accounts to total deposits. A higher CASA ratio indicates a lower cost of funds, because banks do not usually give any interests on current account deposits and the interest on saving accounts is usually very low 3-4%. Only few banks (e.g. YES Bank and Kotak Mahindra Bank) pay higher interest of around 6% on Saving Account balance.
Statements: J < K, J < L, L > M
Conclusions: I. J < M II. L = J
...In which of the following expressions will the expression ‘D < F’ be definitely true?
Statement: C > S > F > B > L; I > B > T
Conclusion: I. I > L II. T < C
Three statements, showing relationship between different elements, are followed by three conclusions (I). (II) and (III). Assuming the statements to be ...
Statement: Q > R; O < K ≤ N; O ≥ S > R
Conclusion: I. O ≥ Q     II. R < N.
Statements: B > D > X > T ≤ N ≥ O = U
Conclusion
I: N > D
II: T > B
Statements: A > B > C, C < D > E, E = F > G
Conclusion:
I. C = G
II. A > F
In the question, assuming the given statements to be true, Find which of the conclusion (s) among given three conclusions is /are definitely true and ...
Which of the following symbols should be placed in the blank spaces respectively (in the same order from left to right) to complete the given expression...
Statements: A > B > C; D < E < C; D ≥ F = G
Conclusion:
I. G < E
II. F < A