SHG stands for:

A. Society Housing Group

B. Society Household Group

C. Self House Group

D. Self Help Group

AUM stands for

A. Asset Utilization Model

B. Asset Under Management

C. Area Under Management

D. None of the above

Rule of 72 is used for

A. Calculating the time in which an amount invested would double

B. Calculating the time in which an amount invested would triple

C. Calculating the time in which an amount invested would halve

D. None of the above

A bank normally does not have to deal with an issue related to

A. Payments and settlement system

B. Contractual rights of creditors

C. Intellectual property rights

D. Case of insolvency

What is not the basic ingredient of a valid trust?

A. There must be a trustee

B. There must be a beneficiary or beneficiaries

C. There must be clearly delineated trust property

D. The object of the trust must not be specific

Which of the following is not an essential element of a trust?

A. A trustee

B. A beneficiary

C. An administrator

D. A personal obligation

Beta less than lies an indication that the security would move __________.

A. in line with the market

B. lesser than the market

C. more than the market

D. Inverse with the market

What is the minimum amount one can deposit in a PPF account in a financial?

A. Rs. 400 per annum

B. Rs. 500 per annum

C. Rs. 100/-per annum

D. Rs. 5/-per annum

……………………is a gift in the form of a single transfer to the same person of several things of which one is and the others are not burdened by an obligation, the done can take nothing by the gift unless he accepts if fully.

A. Simple gift

B. English gift

C. Onerous gift

D. Universal gift

Which of the is/are not the risk management technique in the old paradigm of Life Cycle Finance?

A. Only II

B. II and IV

C. III and IV

D. Only IV

BIS handles each of the following, except ________.

A. Forum to promote discussion and policy analysis

B. Centre for economic and monetary research

C. Credit rating of global banks

D. Prime counter-party for central banks

When Government adjusts its economic policy through the Central Budget, it is exercising_________

A. Fiscal policy

B. Exchange rate policy

C. Monetary policy

D. Income policy