One of the legislations related to Banking in India reads: “deemed foreign branch” of the parent bank situated within India , and it undertakes international banking business involving foreign currency denominated assets and liabilities” The above definition applies to which among the following? [A]Wholly Owned subsidiary of a Foreign Bank in India [B]An overseas branch ..
Why is rupee declining against dollar despite India doing better than U.S in terms of economic growth? 1. Dollar is demanded by investors as a safe asset 2. The impact of Eurozone Crisis caused the Dollar fall against Euro 3. High Inflation in India caused rise in real exchange rate 4. Collapse of International Trade ..
Consider the following statements about a debenture: 1. It is a debt instrument 2. Its freely transferable 3. Its holder has voting rights in company’s annual general meetings 4. It is a part of company’s capital structure Which among the above statements is/ are correct? [A] Only 1 & 2 [B] Only 2 & 3 ..
Consider the following statements: 1. India is world’s eighth-largest LNG importer 2. Most of India’s LNG Consumption demand is fulfilled by import Which among the above statements is/ are correct? [A]Only 1 is correct [B]only 2 is correct [C]Both 1 & 2 are correct [D]Neither 1 nor 2 is correct Click for Answer & Explanation ..
A PAN card of a married woman in India contains the following: 1. Name of Card Holder 2. Name of Husband 3. Date of Birth 4. Name of Father Choose the correct option: [A]1, 2, 3 [B]1, 3, [C]1, 2, 3, 4 [D]1, 3, 4 Click for Answer & Explanation Answer: 1, 3, 4 The ..