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.
Sum of all positive integers from 1 to 100 is
- A number gives a remainder of 14 when divided by 29. What will be the remainder when six times that number is divided by 29?
- Between what values of x is the expression 18x - 3x² - 45 positive?
If 'A' = (62 - 5)2 - 40 × 24 + 19, then find the value of (0.15A) 4.
A two-digit number has a sum of its digits equal to 9. Additionally, if 27 is subtracted from this number, the resulting number has its digits reversed....
Evaluate 2.5 ÷ 0.0005.
Find the sum of all two-digit numbers that are exactly divisible by 5.
When a number ‘N’ is divided by 40, the quotient is 70% more than the divisor and the remainder is 90% of the divisor. Find the value of ‘N’.
Divide 54 into 4 parts such that if the first is increased by 2, the second is decreased by 2, the third is multiplied by 2 and the fourth divided by ...
The difference between the value of the number increased by 20% and the value of the number decreased by 30% is 120. Find the number.
Relevant for Exams:
