Description : Bank Rate refers to the interest rate at which - (1) Commercial banks receive deposits from the public (2) Central bank gives loans to Commercial banks (3) Government loans are floated (4) Commercial banks grant loans to their customers
Last Answer : (2) Central bank gives loans to Commercial banks Explanation: Bank rate is the interest rate at which a nation's central bank lends money to domestic banks. Often these loans are very short in duration.
Description : In the question below is given a statement followed by several assumptions. Find which of the assumption implicit in the statement. Statement: Bank A' has announced reduction of half percentage on the interest rate on ... Implicit (c) If either I or II is Implicit (d) If both I and II are implicit
Last Answer : (b) If only assumption II is Implicit
Description : The structure of the registry which will enable quick sharing of information about unstructured borrowers and help banks fight bad loans. The registry is called _______ A. CIBIL B. Fraudelent Borrowers List C. RBI wilful Defaulter List D. Central Fraud Registry E. None of the Above
Last Answer : D. Central Fraud Registry Explanation: The Reserve Bank of India has operationalised a Central Fraud Registry (CFR). The registry will make available more information to banks at the time of starting a ... of an account. The CFR is a centralised searchable database which can be accessed by banks.
Description : The aim of Differentiated Interest Scheme was to provide concessional loans to _______. (1) weaker section of the society (2) Public Sector Industries (3) Public Limited Companies (4) big exports
Last Answer : weaker section of the society
Description : The main source of long-term credit for a business unit is - (1) sale of stocks and bonds to the public (2) borrowing from banks (3) loans from the Government (4) deposits from the public and financial institutions
Last Answer : (1) sale of stocks and bonds to the public Explanation: Companies issue securities called stocks and bonds to raise necessary capital which funds the company's daily operations and growth. ... issuing stock to owners called stockholders doesn't require the company's repayment of investor principal.
Description : Which of the following sources is not use for medium term financing? A. Issue of equity shares. B. Issue of debentures. C. Term loans from banks. D. Sale of current asset.
Last Answer : A. Issue of equity shares.
Description : Which of the following is not an aspect of appraisal of term loans by commercial banks? A. Financial feasibility. B. Technical feasibility. C. Economic feasibility. D. Societal feasibility.
Last Answer : D. Societal feasibility.
Description : The main source of long-term credit for a business unit is (1) sale of stocks and bonds to the public (2) borrowing from banks (3) loans from the Government (4) deposits from the public and financial institutions
Last Answer : sale of stocks and bonds to the public
Description : Which of the following would not fit the description of a related-party transaction? a. An unusually large sale of merchandise to the company's best and largest customer. b. Sales of merchandise ... person. d. Loans to corporate officers at market rates of interest with a regular repayment schedule.
Last Answer : An unusually large sale of merchandise to the company's best and largest customer.
Description : Is loan processing safe online? Don't I have to worry about the misuse of personal data? I compared loans through this page https://www.hyperfinance.cz/pujcky/ and there is also the possibility ... my personal data will end up somewhere where they should not. What do you think about such services?
Last Answer : Everyone has to consider it for themselves. Personally, I think it's as secure as internet banking.
Description : What is 'Bank rate'? a) The rate at which commercial banks borrow money from RBI b) The rate at which commercial banks lend money to customers c) The rate at which commercial banks lend money to RBI d) none of the above
Last Answer : a) The rate at which commercial banks borrow money from RBI Bank rate is the rate at which commercial banks can borrow money from the RBI. If the rate is higher, then taking money from RBI becomes difficult, so the banks will lend less to public. And vice-versa.
Description : Which sister organization of the World Bank provides long term loans at zero interest to the poor and developing countries ? 1. Asian Development Bank 2. IMF 3. International Development Association 4. International Finance Corporation 5. None of these
Last Answer : International Development Association
Description : Best interest rate for private student loans?
Last Answer : citibank mine seem to be really low what is your current rate?
Description : Can I re consolidate my student loans now that the interest rate is lower?
Last Answer : It would be advisable. Speak to a specialist broker.
Description : What is the interest rate on federal student loans?
Last Answer : The current interest rate on direct subsidized federal Stafford loans for undergraduate students is 3.4%. The interest rate for graduate and professional students and on all unsubsidized loans is 6.8%.
Description : Personal loans should have a lower interest rate than student loans.?
Last Answer : Personal loans should have a lower interest rate than student loans.
Description : A provision in some loans that allows the borrower to change the interest rate from fixed to variable or Vice Versa is termed as __________ A. Convertible Bond B. Convertible Clause C. Convertible Security D. None of the Above
Last Answer : B. Convertible Clause Explanation: A provision that can be found on some bonds allowing the bondholder to exchange their debt into common stock.
Description : Emergency loans are made at what rate over the normal Current Debt interest rate? a. 5% b. 7.5% c. 10% d. 12% e. 25%
Last Answer : b. 7.5%
Description : A lead-acid battery cell sustaining a short circuit _______. A. will be indicated by lime accumulation on the terminal posts B. will have unusually high cell voltage C. will become excessively heated while being charged D. cannot be completely discharged under load
Last Answer : Answer: C
Description : ……….. allows customers to conduct financial transactions on a secure Website. -Technology
Last Answer : E-banking allows customers to conduct financial transactions on a secure Website.
Description : When a transaction is processed online, how can the merchant verify the customer's identity? a. use secure sockets layers b. use secure electronic transactions c. use electronic data interchange d. use financial electronic data interchange
Last Answer : b. use secure electronic transactions
Description : What is the average interest rate on a short term loan with great credit?
Last Answer : The average interest rate on a short term loan is 4.5% if you have great credit. You may need to shop around to find this, but you'll be able to.
Description : Given a prime rate of r and a short term interest rate of r+2.5, the Bond rate is equal to (r+3.9%). a. True b. False
Last Answer : a. True
Description : Given a prime rate of r and a short term interest rate of r+2.5, the rating is B. a. True b. False
Description : What is the interest rate at which banks borrow money from Reserve Bank of India (RBI) called?
Last Answer : Repo Rate
Description : What rate of interest was she charged?
Last Answer : What is the answer ?
Description : If the federal reserve buys a treasury bond from a bank what will be the effect on interest rate the bank charges its customers for a loan?
Last Answer : The interest rates will decrease since there are more available funds for the bank to loan.
Description : Why do we allow the Federal Reserve loan money to commercial banks at almost 0% interest, who then loan the tax payers this money at a much higher interest rate?
Last Answer : If you want to learn more about the Federal Reserve system and how it works, start with Wikipedia and then, for fun, consider asking targeted questions of the conspiracy theorists here on Fluther. ... takes something of yours. Interest happens when you choose to pay for the opportunity to borrow.
Description : Banks provide a higher rate of interest on which one of the following accounts ? -SST 10th
Last Answer : C - Fixed deposits for long period means that the bank would be able to use the money for more profit and thus would give a higher rate of interest.
Description : What banks offer High Interest Rate Savings Accounts?
Last Answer : AIG online savings accounts seem to offer the best interest rates. As for brick-and-mortar banks, rates don't differ much, maxing out at around 2%.
Description : What banks offer a High Interest Rate Savings Account in Wilmington, NC?
Last Answer : You have several banks to choose from for a good rate. I would use Bank of America.
Description : Bank rate is the rate of interest: (1) At which public borrows money from Commercial Banks (2) At which public borrows money from R.B.I. (3) At which Commercial Banks borrow money from R.B.I. (4) At which Commercial Banks borrow money from the public
Last Answer : (3) At which Commercial Banks borrow money from R.B.I. Explanation: Bank Rate is the interest rate at which a nation's central bank lends money to domestic banks. Often these loans are ... activity. Regulation of the economy through management of the money supply is referred to as monetary policy.
Description : Rate of interest is determined by - (1) The rate of return on the capital invested (2) Central Government (3) Liquidity preference (4) Commercial Banks
Last Answer : (3) Liquidity preference Explanation: According to the classical view, rate of interest is determined by the interaction of supply of and demand for capital. Thus this theory is popularly called ... higher shall be the rate of interest. The liquidity preference constitutes the demand for money.
Last Answer : (4) Commercial Banks Explanation: Bank Rate is determined by the Reserve Bank of India. The rate of interest is determined by the commercial banks in India. As per RBI notification, banks are free to determine rates of interest subject to BPLR and spread guidelines.
Description : Bank rate is the rate of interest - (1) at which public borrows money from Commercial Bank (2) at which public borrows money from RBI (3) at which Commercial Banks borrow money from RBI (4) at which Commercial Banks borrow money from public
Last Answer : (3) at which Commercial Banks borrow money from RBI Explanation: Bank Rate is the interest rate at which a nation’s central bank lends money to domestic banks. Managing the bank rate is a preferred method by which central banks can regulate the level of economic activity.
Description : The rate of Simple Interest in UBI & BOI are in the ratio of 5:4. Mr.Naveen wants to deposit his total savings in two banks in such a way that he receive equal half-yearly interest from both banks.He should deposit in both banks UBI & BOI in the ratio of a) 2:5 b) 1:5 c) 4:5 d) 3:5 e) None of these
Last Answer : R1 =5x R2=4x T1=T2=1/2 yr [P1*5x*(1/2)]/100 = [P2*4x*(1/2)]/100 P1:P2 = 4:5 Answer: c)
Description : Rate of interest is determined by (1) The rate of return on the capital invested (2) Central Government (3) Liquidity preference (4) Commercial Banks
Last Answer : Liquidity preference
Description : What are the pros and cons of short term payday loans?
Last Answer : Pay day loans have become so popular because you can get your money even before its been paid to you. The downfall is that there are fees for this service and if you do not repay the loan on ... of absolute necessity as they come with fees that can reduce your ability to pay your next set of bills.
Description : Short term loans to correct Balance of Payments problems is given by (1) I.M.F. (2) I.B.R.D (3) I.D.A (4) A.D.B
Last Answer : (1) I.M.F. Explanation: Upon Initial IMF formation, its two primary functions were: to oversee the fixed exchange rate arrangements between countries, thus helping national governments manage their ... to prioritize economic growth, and to provide short-term capital to aid balance-of-payments.
Last Answer : I.M.F.
Description : Inquiries directed towards those charged with governance may most likely a. Relate to their activities concerning the design, and effectiveness of the entity's internal control and ... the auditor in evaluating the appropriateness of the selection and application of certain accounting policies
Last Answer : Help the auditor understand the environment in which the financial statements are prepared.
Description : Do banks make serial bad loans so that they will have more money to lend?
Last Answer : Huh? A bad loan gives them less money to lend, not more. They make bad loans because of mismanagement.
Description : What banks do student loans directly at banks ?
Last Answer : Navy federal. PNC bank use to but I don’t know if they still do.
Description : Banks and cooperatives help people in obtaining cheap and affordable loans' Which values according to you do this statement support ? -SST 10th
Last Answer : Banks and cooperatives help people: 1. The informal sector lends at a high-interest rate especially in the rural areas so much of the income of the borrower goes in repaying loans rather than investing ... industry. 5. If people are able to invest, it would help in the development of the country.
Description : What do many banks consider student loans risky investments?
Last Answer : They can't provide Collateral - Apex : )
Description : What banks give tax refund loans?
Last Answer : USA Today, Bank of America, Chase, Regions and H&R block are all examples of banks that will give you a tax refund loan. You must contact your bank to find more information on rates.
Description : What banks offer the best home improvement loans?
Last Answer : You can go to your personal bank to apply for a home improvement loan. The most common home improvement loan would be a home equity line of credit which is secured against the equity in your home.
Description : Shop Banks for Great Auto Loans?
Last Answer : It is unfortunate that many people think that the interest rate for their auto loan is set in stone, when the reality is that a savvy consumer can save thousands of dollars on his or her auto loan ... , which makes it impossible for a salesman to do anything except offer a better deal. 3. Fix cred
Description : Auto Loans Banks?
Last Answer : Auto loans banks include online lenders as well as local, regional and national banks. Almost all are reputable financial institutions, and the way to choose between auto loans banks includes ... bonuses or discounts on insurance or road assistance club membership before deciding on a loan.
Description : B) Scheme for Sustainable Structuring of Stressed Assets Explanation: Under a new ‗Scheme for Sustainable Structuring of Stressed Assets (S4A), RBI allowed banks to take equity in debt ... loans of struggling companies into sustainable and unsustainable based on the cash flows of the projects.
Last Answer : Which bank has launched India‟s first certified green bond at London Stock Exchange (LSE)? A) State Bank of India B) Bank of Baroda C) ICICI Bank D) Axis Bank E) None of these