Deposits under Foreign Currency Non-Resident(FCNR) scheme can be accepted for a minimum of _______ A. 15 days B. 3 months C. 6 months D. 1 year E. 7 days

Deposits under Foreign Currency Non-Resident(FCNR) scheme can be accepted for a minimum of _______ A. 15 days B. 3 months C. 6 months D. 1 year E. 7 days  
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D. 1 year Explanation: Term Deposit with maturity of minimum 1 year & maximum 5 years can be opened under Foreign Currency Non-Resident(FCNR) scheme.
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Deposits under Foreign Currency Non-Resident(FCNR) scheme can be accepted for a minimum of________ A. Six months B. Three months C. One year D. 15 days E. None of the Above

Description : Deposits under Foreign Currency Non-Resident(FCNR) scheme can be accepted for a minimum of________ A. Six months B. Three months C. One year D. 15 days E. None of the Above

Last Answer : C. One year Explanation: The deposits should be accepted under the Foreign Currency Non-Resident(FCNR) Scheme for the following maturity periods: One year and above but less than two years Two years ... above but less than four years Four years and above but less than five years Five years only

Minimum period of reinvestment deposits is _______ A. 2 months B. 3 months C. 6 months D. 9 months E. E. None of the Above

Description : Minimum period of reinvestment deposits is _______ A. 2 months B. 3 months C. 6 months D. 9 months E. E. None of the Above

Last Answer : C. 6 months Explanation: A Reinvestment Deposit Plan basically allows you to reinvest the interest earned on your deposit. Period of deposit 6 months to 10 years.

Which of the following does not have savings account? A. NRE Account B. NRO Account C. FCNR(B) Account D. Both (A) and(C) E. All of the Above

Description : Which of the following does not have savings account? A. NRE Account B. NRO Account C. FCNR(B) Account D. Both (A) and(C) E. All of the Above

Last Answer : C. FCNR(B) Account Explanation: Non-Resident (External) Rupee Account Scheme[NRE Account]: Savings, Current, Recurring, Fixed Deposit Foreign Currency (Non-Resident) Account (Banks) Scheme [ ... Non-Resident Ordinary Rupee Account Scheme [NRO Account]: Savings, Current, Recurring, Fixed Deposit.

Which of the following account can be repatriable? A. NRE Account B. NRO Account C. FCNR(B) Account D. Both (A) and(C) E. All of the Above

Description : Which of the following account can be repatriable? A. NRE Account B. NRO Account C. FCNR(B) Account D. Both (A) and(C) E. All of the Above

Last Answer : D. Both (A) and(C) Explanation: Non-Resident (External) Rupee Account Scheme[NRE Account] and Foreign Currency (Non-Resident) Account (Banks) Scheme [FCNR (B) Account]can be repatriable while Non- ... up to USD 1 (one) million per financial year (April-March) along with their other eligible assets.

elect the drug/combination that you will prescribe as a prophylactic to a resident of non-endemic area who got posted for 6 months to an endemic area with low degree chloroquine resistance among P. falciparum: A. Quinine B. Proguanil + Chloroquine C. Pyrimethamine + Sulfadoxine D. Artemisinin

Description : elect the drug/combination that you will prescribe as a prophylactic to a resident of non-endemic area who got posted for 6 months to an endemic area with low degree chloroquine resistance among P. falciparum: A. Quinine B. Proguanil + Chloroquine C. Pyrimethamine + Sulfadoxine D. Artemisinin

Last Answer : B. Proguanil + Chloroquine

Which of the following does not guarantee the repayment of deposits accepted by NBFCs? A. RBI B. GOI C. SEBI D. NABARD E. None of the Above

Description : Which of the following does not guarantee the repayment of deposits accepted by NBFCs? A. RBI B. GOI C. SEBI D. NABARD E. None of the Above

Last Answer : A. RBI Explanation: RBI does not guarantee the repayment of deposits accepted by NBFCs.

The “Stand Up India” is aimed at promoting entrepreneurship among women and scheduled castes and tribes. The bank loans under the scheme shall be referenced to _______ A. SIDBI B. NABARD C. RBI D. MUDRA E. DRDA

Description : The “Stand Up India” is aimed at promoting entrepreneurship among women and scheduled castes and tribes. The bank loans under the scheme shall be referenced to _______ A. SIDBI B. NABARD C. RBI D. MUDRA E. DRDA

Last Answer : A. SIDBI Explanation: The ―Stand up India Scheme‖ is being launched now to promote entrepreneurship among Scheduled Caste/Schedule Tribe and Women for loans in the range of Rs. 10 Lakhs to Rs. 100 Lakhs. The bank loans under the scheme shall be referenced to SIDBI.

Which of the following is not a financial service under the Insolvency and Bankruptcy Code, 2016? a) Accepting of deposits b) Effecting contracts of insurance c) Payment of wages to employees d) Establishing an investment scheme

Description : Which of the following is not a financial service under the Insolvency and Bankruptcy Code, 2016? a) Accepting of deposits b) Effecting contracts of insurance c) Payment of wages to employees d) Establishing an investment scheme

Last Answer : c) Payment of wages to employees

Under Liberalised Remittance Scheme, PAN card need not be insisted upon for remittance made towards permissible current account transactions up to __________ A. USD 25,000 B. USD 20,000 C. USD 15,000 D. USD 10,000 E. None of the Above

Description : Under Liberalised Remittance Scheme, PAN card need not be insisted upon for remittance made towards permissible current account transactions up to __________ A. USD 25,000 B. USD 20,000 C. USD 15,000 D. USD 10,000 E. None of the Above

Last Answer : A. USD 25,000 Explanation: PAN card need not be insisted upon for remittance made towards permissible current account transactions up to USD 25,000 per financial year.

RNBCs cannot accept deposits for a period less than ______ months and more than ____ months A. 12, 84 B. 12, 60 C. 24, 60 D. 24, 84 E. None of the Above

Description : RNBCs cannot accept deposits for a period less than ______ months and more than ____ months A. 12, 84 B. 12, 60 C. 24, 60 D. 24, 84 E. None of the Above

Last Answer : A. 12, 84 Explanation: RNBCs cannot accept deposits for a period less than 12 months and more than 84 months.

Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets under _______ of the Banking Regulation Act, 1949 A. Section 35A B. Section 25A C. Section 15A D. Section 30A E. None of the Above

Description : Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets under _______ of the Banking Regulation Act, 1949 A. Section 35A B. Section 25A C. Section 15A D. Section 30A E. None of the Above

Last Answer : A. Section 35A Explanation: The Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets. It has issued a directive to banks under Section 35A of the Banking Regulation Act, 1949.

In SNRR Account, SNRR stands for _________ A. Statutory Non Resident Rupee B. Single Non Resident Rupee C. Statutory Non Reflex Rupee D. Single Non Resident Rupee E. Special Non Resident Rupee

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Last Answer : E. Special Non Resident Rupee Explanation: Any person resident outside India, having a business interest in India, can open a Special Non-Resident Rupee Account (SNRR account) with an authorised dealer for the purpose of putting through bonafide transactions in rupees.

7. The monetary base is composed of: a. gold and silver b. currency only c. currency and reserves d. currency and checkable deposits

Description : 7. The monetary base is composed of: a. gold and silver b. currency only c. currency and reserves d. currency and checkable deposits

Last Answer : c. currency and reserves

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.

What is referred to as "Depository Services"? (1) A new scheme of fixed deposits (2) A method of regulating stock exchanges (3) An agency for safe-keeping of securities (4) An advisory service to investors

Description : What is referred to as "Depository Services"? (1) A new scheme of fixed deposits (2) A method of regulating stock exchanges (3) An agency for safe-keeping of securities (4) An advisory service to investors

Last Answer : (3) An agency for safekeeping of securities Explanation: A Central Securities Depository (CSD) is an organization holding securities either in certificated or uncertificated (dematerialized ... : Demat accounts; dematerialization; rematerialization; transfer of securities; and pledge services.

What is referred to as 'Depository Services'? (1) A new scheme of fixed deposits (2) A method for regulating stock exchanges (3) An agency for safe-keeping of securities (4) An advisory service to investors

Description : What is referred to as 'Depository Services'? (1) A new scheme of fixed deposits (2) A method for regulating stock exchanges (3) An agency for safe-keeping of securities (4) An advisory service to investors

Last Answer : (3) An agency for safekeeping of securities Explanation: It is a service offered by a securities depository under which the depository maintains book accounts recording the ownership of securities held on behalf of the depository's participants, for eligible securities.

What is referred to as ‘Depository Services’ ? (1) A new scheme of fixed deposits (2) A method for regulating stock exchanges (3) An agency for safe-keeping of securities (4) An advisory service to investors

Description : What is referred to as ‘Depository Services’ ? (1) A new scheme of fixed deposits (2) A method for regulating stock exchanges (3) An agency for safe-keeping of securities (4) An advisory service to investors

Last Answer : An agency for safe-keeping of securities

What is referred to as “Depository Services” ? (1) A new scheme of fixed deposits (2) A method of regulating stock exchanges (3) An agency for safe-keeping of securities (4) An advisory service to investors

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Last Answer : An agency for safe-keeping of securities

How are demand deposits accepted as a means of payment? -SST 10th

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Under foreign post article containing perishable biological substances can be accepted for sending a) At all Gazetted Head post offices onlyb) At all the GPOs situated at the HQ of the circlec) At Indian council of Medical research, New Delhid) All the above

Description : Under foreign post article containing perishable biological substances can be accepted for sending a) At all Gazetted Head post offices only b) At all the GPOs situated at the HQ of the circle c) At Indian council of Medical research, New Delhi d) All the above

Last Answer : c) At Indian council of Medical research, New Delhi

What is the Minimum and maximum deposit in Senior citizen saving scheme a) 500 & 5 Lac b) 1000 & 10 Lacc) 1500 & 15 Lac d) 1000 & 15 Lac

Description : What is the Minimum and maximum deposit in Senior citizen saving scheme a) 500 & 5 Lac b) 1000 & 10 Lac c) 1500 & 15 Lac d) 1000 & 15 Lac

Last Answer : d) 1000 & 15 Lac

I am a portuguese medical resident. I will be at the Maiomonides Medical Center at Brooklyn in a few months. What is the best and safest place to live?

Description : I am a portuguese medical resident. I will be at the Maiomonides Medical Center at Brooklyn in a few months. What is the best and safest place to live?

Last Answer : How about living in a hotel. You can get a little apartment, and you’ll have security 24/7 (when you;re at the hotel anyway) and all your stuff will be looked after. If it gets taken, it’s their fault too! Hotels are usually in the nicer safer places of cities too.

By which rate is the domestic current rate of currency converted into foreign currency? A. Bank Rate B. CRR C. Stock Exchange Rate D. Repo Rate E. Exchange Rate

Description : By which rate is the domestic current rate of currency converted into foreign currency? A. Bank Rate B. CRR C. Stock Exchange Rate D. Repo Rate E. Exchange Rate

Last Answer : E. Exchange Rate Explanation: An exchange rate aka a (foreign-exchange rate, forex rate, FX rate or Agio) between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country‘s currency in terms of another currency.

What is the full form of FCCB? A. Foreign Currency convertible Bond B. Foreign Currency credit Bond C. Financial Consortium and Credit Bureau D. Future Credit and Currency Bureau E. None of the Above

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Last Answer : A. Foreign Currency convertible Bond Explanation: Foreign currency convertible bonds (FCCBs) are a special category of bonds. FCCBs are issued in currencies different from the issuing company‘s domestic currency. A convertible bond is a mix between a debt and equity instrument.

In International Banking terms,”Appreciation” of Rupee means ________ A. Excess of exports over imports B. Purchasing power of rupee has come down C. Availability of less foreign currency vis-a-vis rupee D. Excess of imports over exports E. Availability of more foreign currency vis-a-vis rupee

Description : In International Banking terms,”Appreciation” of Rupee means ________ A. Excess of exports over imports B. Purchasing power of rupee has come down C. Availability of less foreign currency vis-a-vis rupee D. Excess of imports over exports E. Availability of more foreign currency vis-a-vis rupee

Last Answer : C. Availability of less foreign currency vis-a-vis rupee Explanation: Currency Appreciation refers to increase in the value of domestic currency in terms of foreign currency. The domestic currency becomes more valuable and less of it is required to buy the foreign currency.

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Last Answer : A. Exchange Earners‟Foreign Currency Account Explanation: Exchange Earners‘ Foreign Currency Account (EEFC) is an account maintained in foreign currency with an Authorised Dealer Bank (Category – I Bank) in foreign exchange.

A foreign currency denominated bond issued by foreign company in Singapore is known as ______ A. Yankee bond B. Bulldog bond C. Uridashi bond D. Husao bond E. Lion City bond

Description : A foreign currency denominated bond issued by foreign company in Singapore is known as ______ A. Yankee bond B. Bulldog bond C. Uridashi bond D. Husao bond E. Lion City bond

Last Answer : E. Lion City bond Explanation: Lion City bond foreign currency denominated bond issued by foreign company in Singapore.

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Local currency account maintained by a local bank for a foreign (correspondent) bank is termed as _________ A. Nostro Account B. Vostro Account C. LORO Account D. Mirror Account E. None of the Above

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Last Answer : B. Vostro Account Explanation: Local currency account maintained by a local bank for a foreign (correspondent) bank is termed as Vostro Account.

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Description : Which of the following refers to an account that a bank holds in a foreign currency in another bank? A. Nostro Account B. Vostro Account C. LORO Account D. Mirror Account E. None of the Above

Last Answer : A. Nostro Account Explanation: Nostro account refers to an account that a bank holds in a foreign currency in another bank.

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Last Answer : D. 12 Explanation: NEFT operates in hourly batches – there are twelve settlements from 8 am to 7 pm on week days (Monday through Friday) and six settlements from 8 am to 1 pm on Saturdays.

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Description : Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of _______ A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. Rs.300 Crore E. None of the Above

Last Answer : D. Rs.300 Crore Explanation: Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of Rs.300 Crore.

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Description : A citizen of India who goes abroad for the purpose of employment, he must stay in India in the previous year for at least ............................. days to become a resident A) 90 days B) 162 days C) 180 days D) 182 days

Last Answer : D) 182 days

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Description : Reserve Bank announced the cap under Market Stabilisation Scheme (MSS) which has been fixed at Rs 30,000 crore for the current fiscal. MSS was launched in the year A) 2001 B) 2006 C) 2005 D) 2004 E) None of these

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How many remittances can be received by a single individual beneficiary under the scheme during a year? A. 40 B. 45 C. 40 D. 35 E. 30

Description : How many remittances can be received by a single individual beneficiary under the scheme during a year? A. 40 B. 45 C. 40 D. 35 E. 30

Last Answer : E. 30 Explanation: Thirty remittances can be received by a single individual beneficiary under the scheme during a calendar year.

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Description : Non Resident Indians (NRI) Day is marked on: (1) January 9 (2) January 17 (3) January 19(4) January 7

Last Answer : January 9

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Description : Inward foreign parcels on which intimation served can be kept in deposit at the PO for a) 15 days b) 7 days c) One month d) Two month

Last Answer : a) 15 days

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Description : Limit of detain article in post office which are received for delivery inland & foreign article a) 15 days and 30 days b) 7 and 15 days c) 30 days and 45 days d) None of these

Last Answer : d) None of these

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Last Answer : Answers-2 The findings point to focal segmental glomerulosclerosis (FSGS), which leads to chronic renal failure in half of cases. The lack of resolution with corticosteroid therapy and the progression to chronic renal failure is what sets FSGS apart from minimal change disease.

Unclaimed unregistered article marked ‘ Poste restante’ should be deposited of a) Two months b) After 7 days c) After 15 days d) After one month

Description : Unclaimed unregistered article marked ‘ Poste restante’ should be deposited of a) Two months b) After 7 days c) After 15 days d) After one month

Last Answer : d) After one month

Cloud storage data usage in the year 2020 is estimated to be _____________ percent resident by IDC. a) 10 b) 15 c) 20 d) None of the mentioned

Description : Cloud storage data usage in the year 2020 is estimated to be _____________ percent resident by IDC. a) 10 b) 15 c) 20 d) None of the mentioned

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Last Answer : c) No loan shall be applicable to children policies.

In colleges, universities the promotion on the post of Reader under the Personal Promotion Scheme, the required minimum number of published papers is Options: A) 3 to 5 B) Only one C) Only two D) None of the above

Description : In colleges, universities the promotion on the post of Reader under the Personal Promotion Scheme, the required minimum number of published papers is Options: A) 3 to 5 B) Only one C) Only two D) None of the above

Last Answer : A) 3 to 5 

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Description : In Sukanya Samriddhi Account, What is the maximum limit on number of deposits either in a month or in a Financial year? A. 5 B. 4 C. 6 D. 8 E. No limit

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Description : What was the duration in the making Constitution? (1) 1 Year 10 Months and 12 Days (2) 2 Years 10 Months and 5 Days (3) 2 Years 11 Months and 18 Days (4) 3 Years 6 Months and 7 Days

Last Answer : (3) 2 Years 11 Months and 18 Days Explanation: The Indian Constitution is the world's longest Constitution. At the time of commencement, the Constitution had 395 articles in 22 parts and 8 schedules. It consists of almost 80,000 words and took 2 years 11 months and 18 days to make.

The contingent liability denominated in foreign currency at the balance sheet date is disclosed by using the __________ (a) Average Rate (b) Closing Rate (c) Non-monetary Rate (d) Monetary Rate

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Last Answer : Closing

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Description : Non-monetary items which are carried in terms of historical cost denominated in a foreign currency should be reported using the exchange rate at the date of the ___________ (a) Balance Sheet (b) Transaction (c) Settlement (d) None of the above

Last Answer : b) Transaction