• Finance Quiz – 19

    181 Which rates are quoted as one unit of base currency against a number of units of a variable currency
      A) Spot rate
      B) Tom rate
      C) Cash rate
      D) None of these
     
    182 The rate at which the bank quoting the price, or the ‘market maker’ will buy the base currency from its customer
      A) Bid price
      B) Offer price
      C) Both a and b
      D) None of these
       
    183 The rate at which the bank quoting the price, will sell the base currency to its customer.
      A) Ask/offer price
      B) Bid price
      C) Both a and b
      D) None of these
       
    184 While quoting exchange rate, if the unit of foreign currency is kept constant and value expressed in terms of variable home currency
      A) Direct quotation
      B) Indirect quotation
      C) Variable quotation
      D) None of these
       
    185 When the unit of home currency is kept constant and unit of home currency is expressed in terms of variable units foreign currency
      A) Direct quotation
      B) Indirect quotation
      C) Variable quotation
      D) None of these
       
    186 LIBOR is
      A) Offer rate
      B) Bid rate
      C) Both a and b
      D) None of these
       
    187 Which of the following is not shown as an asset in the balance sheet of a Bank?
      A) Investments
      B) Advances
      C) Cash Balances with other banks
      D) Borrowings
       
    188 Which of the following cannot be securitized?
      A) Future rentals of a fishing boat
      B) Hire purchase receivables
      C) Demand drafts received by the banker during clearing
      D) Future billings for an airline
       
    189 Which of the following is one of the three pillars of new Basel Capital Award?
      A) Market competitions
      B) Market Relationships
      C) Market discipline
      D) Market Management
       
    190 Which of the following is an income for a bank?
      A) Depreciation on bank’s property
      B) Interest on inter bank borrowings
      C) Profit on revaluation of investments
      D) Provisions made on account of write-offs

     

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