Quiz 495: General Awareness Questions for SSC-Banking Examinations
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A Bank opened in Special Economic Zones in India comes under which among the following ?
kindly explain answer of this question.
its c offshore banking
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.A company declares Rs.2/- dividend on the equity share of face value of Rs.5/-. The share is quoted in the market at Rs. 80/-. Which among the following is the correct Dividend Yield?
How to calculate this sir??
Dividend Yield = (Dividend / Market Price of Shares)*100
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what is called offshore banking
An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. These advantages typically include:
greater privacy (see also bank secrecy, a principle born with the 1934 Swiss Banking Act)
low or no taxation (i.e. tax havens)
easy access to deposits (at least in terms of regulation)
protection against local political or financial instability
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very good knowledge . thank you for preparing for my GK test.