Saturday, October 10, 2009

part 9

40. Exchange risk in case of foreign currency Non Resident (Banks) scheme (FCNB) is borne by
a)   RBI
b)   Depositor
c)    Govt. of India
d)   Concerned Bank
e)   None of these
Ans: (d)

41. Consortium Advances refer to
a)   Concurrent borrowings
b)   Multiple financing
c)    Joint Financing by more than one bank
d)   Financing of consignment business
e)   None of these
Ans: ( c )
42. NABARD refinance for financing Self Help Groups is to the extent of
a)   25%
b)   50%
c)    75%
d)   100%
e)   None of these
Ans: (d)

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