FATF stands for ________ A. Financial Action Task Force B. Financial Asset Task Force C. Financial Asset Trade Force D. Financial Action Trade Force E. None of the Above

FATF stands for ________ A. Financial Action Task Force B. Financial Asset Task Force C. Financial Asset Trade Force D. Financial Action Trade Force E. None of the Above
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 A. Financial Action Task Force Explanation: The Financial Action Task Force (on Money Laundering) (FATF), also known by its French name, Groupe d‘action financière (GAFI), is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.
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The agency which is tasked with collecting analysing and disseminating information related to dubious financial transactions is ________ A. Financial Intelligence Unit(FIU) B. Financial Action Task Force(FATF) C. Central Economic Intelligence Bureau(CEIB) D. Central Intelligence Bureau(CIB) E. Financial Stability Board(FSB)

Description : The agency which is tasked with collecting analysing and disseminating information related to dubious financial transactions is ________ A. Financial Intelligence Unit(FIU) B. Financial Action Task Force( ... Bureau(CEIB) D. Central Intelligence Bureau(CIB) E. Financial Stability Board(FSB)

Last Answer : A. Financial Intelligence Unit(FIU) Explanation: The Financial Intelligence Unit (FIU), an agency tasked with collecting, analysing and disseminating information related to ... appropriate, disseminate valuable financial information to intelligence/enforcement agencies and regulatory authorities.

“Hawala transactions” in India are prohibited under the provision of which of the following acts? A. Banking Regulation Act B. Financial Action Task Force Act C. Foreign Exchange Management Act D. All of the Above E. None of the above

Description : “Hawala transactions” in India are prohibited under the provision of which of the following acts? A. Banking Regulation Act B. Financial Action Task Force Act C. Foreign Exchange Management Act D. All of the Above E. None of the above

Last Answer : C. Foreign Exchange Management Act Explanation: ―Hawala transactions‖ in India are prohibited under the provision of Foreign Exchange Management Act.

IRTF stands for: a) Internet Research Task Force b) International Research Task Force c) Input Research Transfer Fidelity d) None of These

Description : IRTF stands for: a) Internet Research Task Force b) International Research Task Force c) Input Research Transfer Fidelity d) None of These

Last Answer : a) Internet Research Task Force

Which of the following is an observer of FATF? A. Ireland B. Israel C. Saudi Arabia D. Both (B) and (C) E. All of the Above

Description : Which of the following is an observer of FATF? A. Ireland B. Israel C. Saudi Arabia D. Both (B) and (C) E. All of the Above

Last Answer : D. Both (B) and (C) Explanation: FATF Observer Countries: Israel Saudi Arabia

How many members are there in FATF? A. 42 B. 43 C. 40 D. 37 E. 39

Description : How many members are there in FATF? A. 42 B. 43 C. 40 D. 37 E. 39

Last Answer : D. 37 Explanation: There are currently 37 members of the FATF; 35 jurisdictions and 2 regional organisations (the Gulf Cooperation Council and the European Commission). These 37 Members are at the core of global efforts to combat money laundering and terrorist financing.

FATF, an Intergovernmental Organization is headquartered in __________ A. Newyork, USA B. Geneva, Switzerland C. Italy, Rome D. Paris, France E. None of the Above

Description : FATF, an Intergovernmental Organization is headquartered in __________ A. Newyork, USA B. Geneva, Switzerland C. Italy, Rome D. Paris, France E. None of the Above

Last Answer : D. Paris, France Explanation: The Financial Action Task Force (on Money Laundering) (FATF), also known by its French name, Groupe d‘action financière (GAFI), is an intergovernmental organization founded in 1989 The FATF Secretariat is housed at the headquarters of the OECD in Paris.

A non performing Asset in Banking Business means ________ A. A fixed asset of Bank is not been utilized B. A portion of deposits not been utilized C. A loan asset on which interest and/or instalments remain unchanged. D. All of the Above E. None of the Above

Description : A non performing Asset in Banking Business means ________ A. A fixed asset of Bank is not been utilized B. A portion of deposits not been utilized C. A loan asset on which interest and/or instalments remain unchanged. D. All of the Above E. None of the Above

Last Answer : C. A loan asset on which interest and/or instalments remain unchanged. Explanation: A nonperforming asset (NPA) refers to a classification for loans on the books of financial institutions that are in ... is classified as nonperforming when loan payments have not been made for a period of 90 days.

A financial contract that derives its value from another asset or an index of asset values is known as __________ A. Insurance Policy B. Security C. Derivative D. Share E. None of the above

Description : A financial contract that derives its value from another asset or an index of asset values is known as __________ A. Insurance Policy B. Security C. Derivative D. Share E. None of the above

Last Answer : C. Derivative Explanation: In finance, a derivative is a contract that derives its value from the performance of an underlying entity.

Time period that is considered from the inception of the credit, investment or negotiable instrument and ends upon the maturity or expiry of the instrument is referred as ________ A. Amortisation Period B. Amortising Swap C. Asset Backed Security D. Attrition Analysis

Description : Time period that is considered from the inception of the credit, investment or negotiable instrument and ends upon the maturity or expiry of the instrument is referred as ________ A. Amortisation Period B. Amortising Swap C. Asset Backed Security D. Attrition Analysis

Last Answer : A. Amortisation Period Explanation: The amortisation period on a mortgage is the total length of time it will take you to pay off your mortgage.

TDM stands for: a) Task Division Multiplexing b) Time Division Multiplexing c) Testing Division Multiplexing d) None of These

Description : TDM stands for: a) Task Division Multiplexing b) Time Division Multiplexing c) Testing Division Multiplexing d) None of These

Last Answer : b) Time Division Multiplexing

What is FATF ?

Description : What is FATF ?

Last Answer : : The Financial Action Task Force ( FATF ) is an intergovernmental body consisting of 34 developed countries and two regional agencies that ensures the establishment and implementation of international standards in the fight against money laundering and terrorist financing.

Which of the following is not a form of a financial asset? A. Commercial paperB. Commodity futures C. Warrants D. Personal residence E. $5 bill

Description : Which of the following is not a form of a financial asset? A. Commercial paper B. Commodity futures C. Warrants D. Personal residence E. $5 bill

Last Answer : D. Personal residence

PACS, an institute of NABARD works at the gram panchayat and village level. In PACS, A stands for? a. Accredit b. Agriculture c. Asset d. Advisory

Description : PACS, an institute of NABARD works at the gram panchayat and village level. In PACS, A stands for? a. Accredit b. Agriculture c. Asset d. Advisory

Last Answer : b. Agriculture

PACS, an institute of NABARD works at the gram panchayat and village level.In PACS, A stands for? a. Accredit b. Agriculture c. Asset d. Advisory

Description : PACS, an institute of NABARD works at the gram panchayat and village level.In PACS, A stands for? a. Accredit b. Agriculture c. Asset d. Advisory

Last Answer : b. Agriculture

The national agency mandated to control, analyse and disseminate Suspicious Transaction Reports(STR), Cash Transaction Reports and counterfeit currency reports to various investigative agencies of the country after receiving it from banks and other financial intermediaries is ________ A. RBI B. Financial Intelligence Unit(FIU) C. Intelligence Bureau(IB) D. Central Bureau of Investigation(CBI) E. Central Intelligence Unit(CIU)

Description : The national agency mandated to control, analyse and disseminate Suspicious Transaction Reports(STR), Cash Transaction Reports and counterfeit currency reports to various investigative agencies of the country after ... (IB) D. Central Bureau of Investigation(CBI) E. Central Intelligence Unit(CIU)

Last Answer : B. Financial Intelligence Unit(FIU) Explanation: The FIU is the national agency mandated to collect, analyse and disseminate Suspicious Transaction Reports (STRs), Cash Transaction Reports ... country after receiving it from banks and other financial intermediaries under a stipulated mechanism.

Long-term debt securities issued by the GOI or any of the State Government‟s or undertakings owned by them or by development financial institutions are called as ________ A. Shares B. Debentures C. Bonds D. Both (A) and (C) E. None of the Above

Description : Long-term debt securities issued by the GOI or any of the State Government‟s or undertakings owned by them or by development financial institutions are called as ________ A. Shares B. Debentures C. Bonds D. Both (A) and (C) E. None of the Above

Last Answer : C. Bonds Explanation: Long-term debt securities issued by the Government of India or any of the State Government‘s or undertakings owned by them or by development financial institutions are called as bonds.

________ have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS) recently. A. Common Service Centres (CSC) B. Financial Institutions C. Only (A) D. Both (A) and (B) E. None of the Above

Description : ________ have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS) recently. A. Common Service Centres (CSC) B. Financial Institutions C. Only (A) D. Both (A) and (B) E. None of the Above

Last Answer : A. Common Service Centres (CSC) Explanation: over 1.5 Lakh common service centres (CSC) or Digital Seva Kendres have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS).

Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by ________ recommended the formation of a new category of bank called payments bank. A. NR Madhawan Menon B. Bimal Jalan C. Nachiket Mor D. Y.H. Melagam E. None of the Above

Description : Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by ________ recommended the formation of a new category of bank called payments bank. A. NR Madhawan Menon B. Bimal Jalan C. Nachiket Mor D. Y.H. Melagam E. None of the Above

Last Answer : C. Nachiket Mor Explanation: Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by Nachiket Mor recommended the formation of a new category of bank called payments bank.

________ are financial markets for the buying and selling of long-term debt or equity-backed securities. A. Bullion Market B. Capital Market C. Money Market D. All of the Above E. None of the Above

Description : ________ are financial markets for the buying and selling of long-term debt or equity-backed securities. A. Bullion Market B. Capital Market C. Money Market D. All of the Above E. None of the Above

Last Answer : B. Capital Market Explanation: Capital market is a market where buyers and sellers engage in trade of financial securities like bonds, stocks, etc

Your firm has a philosophy that is analogous to the hedging (maturity matching) approach. Which of the following is the most appropriate non-spontaneous form for financing the excess seasonal current asset needs? A. Trade credit. B. 6-month bank notes. C. Accounts payable. D. Common stock equity.

Description : Your firm has a philosophy that is analogous to the hedging (maturity matching) approach. Which of the following is the most appropriate non-spontaneous form for financing the excess seasonal current asset needs? ... credit. B. 6-month bank notes. C. Accounts payable. D. Common stock equity.

Last Answer : B. 6-month bank notes.

Trade Payables are recorded in................ a) Asset side of B/S b) Liability side of B/S c) P & L a/c d) None ofthe above

Description : Trade Payables are recorded in................ a) Asset side of B/S b) Liability side of B/S c) P & L a/c d) None ofthe above

Last Answer : b) Liability side of B/S

A balance sheet for a chemical plant shows its financial condition at any given date. It does not contain the __________ of the plant. (A) Current asset (B) Current liability (C) Long term debt (D) Profit

Description : A balance sheet for a chemical plant shows its financial condition at any given date. It does not contain the __________ of the plant. (A) Current asset (B) Current liability (C) Long term debt (D) Profit

Last Answer : D) Profit

Is depreciation charged to reduce profits or to reduce the value of asset during a financial year?

Description : Is depreciation charged to reduce profits or to reduce the value of asset during a financial year?

Last Answer : It is charged to reduce value of asset.

Which of the following is not a prescribed asset class under the Companies (Registered Valuers and Valuation) Rules, 2017? a) Enterprise b) Securities or Financial Assets c) Plant and Machinery d) Land and Buildings

Description : Which of the following is not a prescribed asset class under the Companies (Registered Valuers and Valuation) Rules, 2017? a) Enterprise b) Securities or Financial Assets c) Plant and Machinery d) Land and Buildings

Last Answer : a) Enterprise

TFT stands for ________ A. Thick Film Transistor B. Thin Film Transistor C. Thin Film Transmitter D. Thick Film Transmitter

Description : TFT stands for ________ A. Thick Film Transistor B. Thin Film Transistor C. Thin Film Transmitter D. Thick Film Transmitter

Last Answer : B. Thin Film Transistor

DMA stands for ________ 1) Direct Memory Access 2) Distinct Memory Access 3) Direct Module Access 4) Direct Memory Allocation

Description : DMA stands for ________ 1) Direct Memory Access 2) Distinct Memory Access 3) Direct Module Access 4) Direct Memory Allocation

Last Answer : 1) Direct Memory Access

DMA stands for ________ 1 Direct Memory Access 2 Distinct Memory Access 3 Direct Module Access 4 Direct Memory Allocation

Description : DMA stands for ________ 1 Direct Memory Access 2 Distinct Memory Access 3 Direct Module Access 4 Direct Memory Allocation

Last Answer : 1 Direct Memory Access

.A ________ node acts as the Slave and is responsible for executing a Task assigned to it by the JobTracker. a) MapReduce b) Mapper c) TaskTracker d) JobTracker

Description : .A ________ node acts as the Slave and is responsible for executing a Task assigned to it by the JobTracker. a) MapReduce b) Mapper c) TaskTracker d) JobTracker

Last Answer : TaskTracker

.A ________ node acts as the Slave and is responsible for executing a Task assigned to it by the JobTracker. a) MapReduce b) Mapper c) TaskTracker d) JobTracker

Description : .A ________ node acts as the Slave and is responsible for executing a Task assigned to it by the JobTracker. a) MapReduce b) Mapper c) TaskTracker d) JobTracker

Last Answer : TaskTracker

Fill in the blanks with the appropriate option. With your ________ English skills, writing essays should be a ______ (a) Imperfect, task (b) Resourceful, gift (c) Impeccable, clinch (d) Qualified, reward

Description : Fill in the blanks with the appropriate option. With your ________ English skills, writing essays should be a ______ (a) Imperfect, task (b) Resourceful, gift (c) Impeccable, clinch (d) Qualified, reward

Last Answer : ANS: C) Impeccable…clinch 

Anderson Distribution Company management has purchased fifteen fork-lifts in three orders over the past two years. As it plans to place its next order for another five machines, management wonders if additional features may be needed due to expansion in the product lines it carries. For Anderson, this represents a ________ purchase. A)new-task B)modified rebuy C)straight rebuy D)repetitive purchase

Description : Anderson Distribution Company management has purchased fifteen fork-lifts in three orders over the past two years. As it plans to place its next order for another five machines, management wonders if ... a ________ purchase. A)new-task B)modified rebuy C)straight rebuy D)repetitive purchase

Last Answer : B)modified rebuy

Establishing financial security has been identified as a developmental task of which of the following groups? a) Middle adult The middle adult’s tasks also include launching children, and refocusing on one’s marital relationship. b) Older adult The older adult’s tasks include adapting to retirement and declining physical stamina. c) Young adult The young adult’s tasks include establishing a lifestyle and independence. d) Teenager The teenager’s primary developmental tasks include developing an identity and intimacy.

Description : Establishing financial security has been identified as a developmental task of which of the following groups? a) Middle adult The middle adult's tasks also include launching children, and ... . d) Teenager The teenager's primary developmental tasks include developing an identity and intimacy.

Last Answer : a) Middle adult The middle adult’s tasks also include launching children, and refocusing on one’s marital relationship.

Which of the following banks has teamed up with Apollo to set up asset reconstruction company (ARC)? A) SBI B) Punjab National Bank C) Axis Bank D) ICICI Bank E) Both A and D

Description : Which of the following banks has teamed up with Apollo to set up asset reconstruction company (ARC)? A) SBI B) Punjab National Bank C) Axis Bank D) ICICI Bank E) Both A and D

Last Answer : D) ICICI Bank Explanation: With the banking sector buffeted by bad loans, the country s largest private lender ICICI Bank teamed up with private equity major Apollo Global Management to launch an ... will acquire debt from lenders and also take equity stakes in borrowers, a bank statement read.

Which of the following companies has set up two wholly owned subsidiaries in July 2016, one for its broker business and another for insurance business? A) EXIM Bank B) Religare Enterprises C) Muthoot Finance D) Sahara Asset Management Company E) None of these

Description : Which of the following companies has set up two wholly owned subsidiaries in July 2016, one for its broker business and another for insurance business? A) EXIM Bank B) Religare Enterprises C) Muthoot Finance D) Sahara Asset Management Company E) None of these

Last Answer : B) Religare Enterprises Explanation: Religare Enterprises has set up two wholly owned subsidiaries – Religare Broking Limited and Religare Insurance Ltd – as part of its restructuring plan.

In Bank‟s balance sheet, which of the following is an asset? A. Its paid up capital B. Its saved deposits C. Its instrument in government securities D. Its accumulated Reserve Funds E. Its Current Deposits

Description : In Bank‟s balance sheet, which of the following is an asset? A. Its paid up capital B. Its saved deposits C. Its instrument in government securities D. Its accumulated Reserve Funds E. Its Current Deposits

Last Answer : C. Its instrument in government securities Explanation: Bank assets comprises cash, money at short notice, bills and securities discounted, bank‘s investments in government securities, loans sanctioned by the bank.

The ratio of deposits to loans of a bank is known as _______ A. NPA coverage Ratio B. Return on asset ratio C. Asset Coverage ratio D. CD Ratio E. Other than those given as options

Description : The ratio of deposits to loans of a bank is known as _______ A. NPA coverage Ratio B. Return on asset ratio C. Asset Coverage ratio D. CD Ratio E. Other than those given as options

Last Answer : E. Other than those given as options Explanation: The loan to deposit ratio is used to calculate a lending institution‘s ability to cover withdrawals made by its customers.

Derivatives contract which gives the buyer/holder of the contract the right(but not the obligation) to buy/sell the underlying asset at a predetermined price within or at end of a specified period is known as A. Futures contract B. Option Contract C. Index Futures contract D. Mini Derivative contract E. None of the Above

Description : Derivatives contract which gives the buyer/holder of the contract the right(but not the obligation) to buy/sell the underlying asset at a predetermined price within or at end of a specified period is ... B. Option Contract C. Index Futures contract D. Mini Derivative contract E. None of the Above

Last Answer : B. Option Contract Explanation: Options Contract is a type of Derivatives Contract which gives the buyer/holder of the contract the right (but not the obligation) to buy/sell the underlying asset at a predetermined price within or at end of a specified period.

Which of the following is/are provided by the platform of CERSAI? A. Registrations of transactions of securitisation B. Asset Reconstruction C. Security Interest D. All of the Above E. None of these

Description : Which of the following is/are provided by the platform of CERSAI? A. Registrations of transactions of securitisation B. Asset Reconstruction C. Security Interest D. All of the Above E. None of these

Last Answer : D. All of the Above Explanation: The Company is providing the platform for filing registrations of transactions of securitisation, asset reconstruction and security interest by the banks and financial institutions.

What is the full form of CERSAI? A. Combined Registry of Securitisation Asset Reconstruction and Security Interest B. Central Registry of Securitisation Agency Reconstruction and Security Interest C. Combined Registry of Securitisation Agency Reconstruction and Security Interest D. Central Registry of Securitisation Asset Reconstruction and Security Interest E. None of these

Description : What is the full form of CERSAI? A. Combined Registry of Securitisation Asset Reconstruction and Security Interest B. Central Registry of Securitisation Agency Reconstruction and Security Interest C ... D. Central Registry of Securitisation Asset Reconstruction and Security Interest E. None of these

Last Answer : D. Central Registry of Securitisation Asset Reconstruction and Security Interest Explanation: Central Registry of Securitisation Asset Reconstruction and Security Interest (CERSAI) is a central online security ... in which people would take multiple loans on the same asset from different banks.

NBFCs whose asset size is of _____ or more as per last audited balance sheet are considered as systemically important NBFCs. A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. All of the Above E. None of the Above

Description : NBFCs whose asset size is of _____ or more as per last audited balance sheet are considered as systemically important NBFCs. A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. All of the Above E. None of the Above

Last Answer : C. Rs.500 Crore Explanation: NBFCs whose asset size is of Rs.500 Crore or more as per last audited balance sheet are considered as systemically important NBFCs.

NBFCs include ______ A. loan company B. investment company C. asset finance company D. All of the Above E. None of the Above

Description : NBFCs include ______ A. loan company B. investment company C. asset finance company D. All of the Above E. None of the Above

Last Answer : D. All of the Above Explanation: NBFCs include a loan company, an investment company, asset finance company (i.e. a company conducting the business of equipment leasing or hire purchase finance) and Residuary Non-Banking Companies.

______ is used by public and private enterprises to publish and share financial information with each other and industry analysis across all computer platforms and the Internet. a) Extensible Markup Language b) Extensible Business Reporting Language c) Enterprise Application Integration d) Sales Force Automation Software e) None of these

Description : ______ is used by public and private enterprises to publish and share financial information with each other and industry analysis across all computer platforms and the Internet. a) Extensible ... Language c) Enterprise Application Integration d) Sales Force Automation Software e) None of these

Last Answer : b) Extensible Business Reporting Language

What is the main task of a problem-solving agent? a) Solve the given problem and reach to goal b) To find out which sequence of action will get it to the goal state c) All of the mentioned d) None of the mentioned

Description : What is the main task of a problem-solving agent? a) Solve the given problem and reach to goal b) To find out which sequence of action will get it to the goal state c) All of the mentioned d) None of the mentioned

Last Answer : c) All of the mentioned

What is the action of task environment in artificial intelligence? a) Problem b) Solution c) Agent d) Observation

Description : What is the action of task environment in artificial intelligence? a) Problem b) Solution c) Agent d) Observation

Last Answer : a) Problem

The unpaid principal balance of a loan on property divided by the asset‟s appraised value is termed as ______ A. Liquidity Adjustment Facility B. Loss Given Default(LGD) C. Loan to Value(LTV) D. Long term liabilities

Description : The unpaid principal balance of a loan on property divided by the asset‟s appraised value is termed as ______ A. Liquidity Adjustment Facility B. Loss Given Default(LGD) C. Loan to Value(LTV) D. Long term liabilities

Last Answer : C. Loan to Value(LTV) Explanation: The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. The term is ... to represent the ratio of the first mortgage lien as a percentage of the total appraised value of real property.

D) ICICI Bank Explanation: New features will enable customers to instantly pay taxes and book railway tickets within the app. iMobile users will also be able to purchase travel & motor insurance as well as buy mutual funds from 19 asset management companies.

Description : D) ICICI Bank Explanation: New features will enable customers to instantly pay taxes and book railway tickets within the app. iMobile users will also be able to purchase travel & motor insurance as well as buy mutual funds from 19 asset management companies.

Last Answer : According to HSBC, India is expected to contribute how much of the world GDP by the middle of next decade? A) 4.3% B) 4.9% C) 5.2% D) 3.4% E) None of these

____ is a small picture on screen that depicts program, file or folder: a) Start Bottom b) Task Bar c) Icon d) Pixel e) Cursor

Description : ____ is a small picture on screen that depicts program, file or folder: a) Start Bottom b) Task Bar c) Icon d) Pixel e) Cursor

Last Answer : c) Icon

All the deleted files go to a) Recycle bin b) Task bar c) Tool bar d) My computer e) None of these

Description : All the deleted files go to a) Recycle bin b) Task bar c) Tool bar d) My computer e) None of these

Last Answer : a) Recycle bin

Did you hear Jerry Falwell will lead the higher education task force?

Description : Did you hear Jerry Falwell will lead the higher education task force?

Last Answer : answer:That is what NBC, CBS, USA Today, and just about everybody else is saying. And that’s Jerry Falwell, Jr., Leslie. I’m sure you know that, but you damn near gave me a heart attack. I was unaware that insect had left his spawn behind. Now I’m just having a junior heart attack.

What is Task Force ?

Last Answer : A task force is a temporary group or team made up of individuals from different organizations to deal with a specific problem.