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:
Only a few blankets are quilts. No bedsheet is quilt. Only blanket is cushion.
Conclusions:
I. All bedsheets being...
Statements:
Only a few kites are sticks.
Only a few kites are string.
Conclusions:
1) Some strings being sticks is a possibi...
Statement: The UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers u...
Statements: X > T, F = Q ≥ E < T
Conclusions: X < E, X = E
Statements: R > Q ≥ M = S ; Q ≥ O > T
Conclusion: I. Q ≥ S II. R < T
...Statement: The UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers u...
Statements: H ≤ L< S ≤ K , S = G ≥ I > Q, U ≤ B < N = C = I
Conclusions: I. B < S II. H < Q
Infant jaundice is yellow discoloration of new born baby's skin and eyes which occurs because the baby's blood contains an excess of a yellow pigment c...
Statement:
No one is two.
A few two are three.
Only one is four.
Conclusion:
1. All two being three is a possibilit...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
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