Banking and Financial Institutions MCQs

Which one of the following statement is incorrect?

The losses arising due to a risk exposure retained or assured is known as:

Select the major principles which banks strive to incorporate in their working form the following: (i) Profitability (ii) Labour welfare (iii) Social welfare (iv) Safety (v) HRD (vi) Liquidity

Currency Note containing political slogan is not a legal tender as per:

What is the term used for possibility in which actual results may differ from predicted results?

Which of the following can be termed as the first foreign bank in India?

What is the purpose of forming Banks Board Bureau? 1. The bureau will recommend appointment of senior officials in public-sector banks and thus, will insulate public-sector banks from government interference. 2. The bureau will inspect the level of NPAs of public-sector banks. 3. The bureau will identify the best practices in private-sector banks and seek their implementation in public sector banks.

What is 'Black Money'?

When a security is not treated in the Stock Exchange for a period of . . . . . . . . days prior to the date of valuation, it is treated as "Non-Traded" security.