Credit rating _______ A. is used to rate the borrowers while giving advances B. is used to work out performance of the employees C. is used to calculate the number of excellent audit rated branches D. is not used in any bank E. is necessary before giving promotion to employees

Credit rating _______ A. is used to rate the borrowers while giving advances B. is used to work out performance of the employees C. is used to calculate the number of excellent audit rated branches D. is not used in any bank E. is necessary before giving promotion to employees
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A. is used to rate the borrowers while giving advances Explanation: Credit rating is an analysis of the credit risks associated with a financial instrument or a financial entity. An assessment of the creditworthiness of a borrower with respect to a particular debt or financial obligation.
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SMERA has been registered under _______ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 E. None of these

Description : SMERA has been registered under _______ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 E. None of these

Last Answer : D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 Explanation: SMERA has been registered under Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999.

Generally Accepted Auditing Standards (GAAS) and Philippine Standards on Auditing (PSA) should be looked upon by practitioners as a. Ideals to work towards, but which are not achievable. b. Benchmarks to be used on all audits, reviews, and compilations. c. Maximum standards which denote excellent work. d. Minimum standards of performance which must be achieved on each audit engagement.

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Last Answer : Minimum standards of performance which must be achieved on each audit engagement.

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

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

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While taking a loan, borrowers look for easy terms of credit. What do is this mean? -SST 10th

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Description : Recently RBI has made necessary to have certification for bank employees involved in specialised jobs. The deadline to get this certification is A) April 1, 2017 B) April 1, 2018 C) January 1, 2018 D) January 1, 2017 E) July 1, 2017

Last Answer : B) April 1, 2018 Explanation: Bank employees working in specialised areas such as treasury, risk management and accounting will need to be specially trained and go through certification ... obtain the requisite certification before April 1, 2018 for getting posted in these functional areas.

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Description : _______ percentage of Payment Bank‟s branches must be in the unbanked rural area. A. 25% B. 10% C. 15% D. 20% E. None of the Above

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Description : A Credit Bureau is governed by _________ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange ... of India (Credit Rating Agencies) Regulations, 1999 E. Credit Information Companies (Regulation) Act of 2005

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Which of the following precautions should be taken when a blown fuse, rated at 10 amperes, is replaced? A. Short out the fuse before removing it from the circuit. B. Use needle-nose pliers to remove fuse from the circuit. C. Replace blown fuse with one of equal voltage and ampere capacity. D. Fuses of 10 ampere rating and less are virtually harmless when energized and may be handled freely.

Description : Which of the following precautions should be taken when a blown fuse, rated at 10 amperes, is replaced? A. Short out the fuse before removing it from the circuit. B. Use needle-nose pliers to ... D. Fuses of 10 ampere rating and less are virtually harmless when energized and may be handled freely.

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What During which period of 2006-2008 what percentage of individuels aged 65 and over rated their health as good very good or excellent?

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What aged 65 and over rated their health as good very good or excellent?

Description : What aged 65 and over rated their health as good very good or excellent?

Last Answer : Need answer

What During which period of 2006-2008 what percentage of individuels aged 65 and over rated their health as good very good or excellent?

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Description : There is a difference between Loans and Advances given by the Bank.

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Description : Which is a full service credit rating agency exclusively set up for micro, small and medium enterprises? A. CRISIL B. ICRA C. CARE D. ONICRA E. SMERA

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What is/are the credit rating agencies approved for the acceptance of public deposits by an HFC? A. The Credit Rating Information Services of India Ltd. (CRISIL) B. ICRA Ltd. C. Credit Analysis and Research Limited (CARE) D. FITCH Ratings India Pvt. Ltd. E. All of the Above

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Description : Which of the following is the Regulator of the credit rating agencies in India ? A. RBI B. SEBI C. SIDBI D. GOI E. None of the Above

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Description : If the auditor is convinced that the client has an excellent internal control structure, the amount of audit evidence to be gathered. a. Can be significantly less than where internal control is not ... determined opinion. c. Must be increased to support the auditor's belief. d. Is not determinable

Last Answer : Can be significantly less than where internal control is not adequate.

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Description : What do you think of giving your bank card number to a free online credit checking website then taking all your money out of your checking account?

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Description : Define the followings.   Insulation level, Rated short circuit breaking current, Making current, Short time rating, Impulse withstand voltage, Power frequency withstand voltage .

Last Answer : Insulation level - it is the combination of rated voltage, the corresponding impulse withstand voltage, which together characterize the insulation of the equipment as regards its ability to withstand ... wave of power frequency (50 Hz) which the insulation of equipment should withstand. 

Soon to be set up India Post Payments Bank will have how many branches in the country? A) 650 B) 550 C) 500 D) 750 E) 600

Description : Soon to be set up India Post Payments Bank will have how many branches in the country? A) 650 B) 550 C) 500 D) 750 E) 600

Last Answer : A) 650 Explanation: The communications and IT minister Ravi Shankar Prasad has said that all 650 branches of the payment bank set up by the department of posts will be established by September 2017.

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Description : The newest private sector bank, Bandhan Bank has announced that it targets 180 new branches by March 2017. Who is the MD and CEO of Bandhan Bank? A) Vikram Limaye B) Rajiv B. Lall C) Chandra Shekhar Ghosh D) Narain Chand E) None of these

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Description : What is the ceiling on amount of Insured deposits kept by one person in different branches of a bank? A. Rs.25000 B. Rs.50000 C. Rs.75000 D. Rs.1,00,000 E. Rs.2,00,000

Last Answer : D. Rs.1,00,000 Explanation: The deposits kept in different branches of a bank are aggregated for the purpose of insurance cover and a maximum amount upto Rupees one lakh is paid.

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Description : After Mumbai, Doha bank is now going to open its branches in which city? A) Palakkad B) Kochi C) Idukki D) Kasaragod E) None of these

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Which of the following is not available to depositors of NBFCs? A. Deposit Insurance facility B. Acquisition of shares C. Loans and Advances D. All of the Above E. None of the Above

Description : Which of the following is not available to depositors of NBFCs? A. Deposit Insurance facility B. Acquisition of shares C. Loans and Advances D. All of the Above E. None of the Above

Last Answer : A. Deposit Insurance facility Explanation: Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in case of banks.

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Description : The National Agricultural Insurance Scheme in its first two years of operation envisaged to cover...... (A) all crops-grown by small and marginal farmers only (B) all crops-cultivated with ... of farmers (D) only horticultural crops (E) only seven commercial crops-grown under contract farming system

Last Answer : (B) all crops-cultivated with the help of crop loans only irrespective of the size of holding of the borrowers

Challenging goals usually lead to __________ performance from individuals and groups. (a) Higher ; (b) Lower ; (c) Excellent ; (d) None of the Above

Description : Challenging goals usually lead to __________ performance from individuals and groups. (a) Higher ; (b) Lower ; (c) Excellent ; (d) None of the Above 

Last Answer : (a) Higher ;

Promotion and Compensation of Personnel or employees?

Description : Promotion and Compensation of Personnel or employees?

Last Answer : not employees

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Description : Which of the following statements is correct? a. Sufficiency refers to the quality of evidence, while appropriateness refers to the quantity of evidence. b. The reliability of evidence is ... are honest and have integrity relieves the auditor of the need to maintain professional scepticism.

Last Answer : The performance of consulting services for audit clients does not, in and of itself, impair the auditor’s independence

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Description : CRAR stands for _________ A. Capital to Risk-Weighted Assets Ratio B. Capital to Risk Assets Ratio C. Credit Rating-Weighted Assets Ratio D. Credit Rating Assets Ratio

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