Losses to a bank due to fluctuations in the equity market are termed
1). Market risk
2). Commodity risk
3). Financial risk
4). Liquidity risk
Which of the following is a customized contract between two parties to buy or sell assets on a specified price on a future date?
1). Post date agreement
2). New trading
3). Forward contract
4). Insider trading
Which of the following statement is/are correct regarding the Vostro account?
1). It is an account held by a correspondent bank on behalf of another bank.
2). The account is a record of money owed to or maintained by a third party.
3). A Vostro account is like any other account held by a bank.
4). All of the above
Who among the following is eligible to open a bank account in India?
1). Indian citizens
2). Non-resident Indians
3). Senior citizens
4). A 10-year-old minor
The Negotiable Instruments are defined under ________ of Negotiable Instruments Act, 1881.
1). Section 4
2). Section 5
3). Section 6
4). Section 10