This category would provide specific resources for individuals preparing for competitive exams in the banking sector. It would cover relevant topics such as quantitative aptitude, reasoning, general awareness (especially related to banking and finance) and potentially specialized knowledge of banking procedures and regulations . The content would include practice MCQs, test-taking strategies, and analysis of previous year’s question papers to help understand the exam pattern and the types of questions asked . The importance of this category would be in equipping aspiring banking professionals with the necessary skills and knowledge to excel in
What is a ‘Letter of Credit’ (LC) in international trade?
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A. A type of loanB. A form of insuranceC. A payment guarantee in international tradeD. A type of investment
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What is the purpose of a ‘Bank Reconciliation Statement’? |.
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A. To calculate the bank's profitB. To compare the company's cash balance with the bank's cash balanceC. To determine the bank's liquidityD. To assess ...
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What are the main types of bank risks? | credit.
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A. Credit risk, market risk, and operational risk onlyB. Credit risk, market risk, liquidity risk, and reputational risk onlyC. Credit risk, market risk, operational risk, liquidity risk, and ...
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What is the significance of ‘Net Interest Margin’ (NIM) for.
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A. It measures the bank's non-interest income.B. It represents the bank's total assets.C. It indicates the bank's overall efficiency in managing interest rates.D. It ...
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What is the difference between ‘Demand Deposits’ and ‘Time Deposits’?
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A. Demand deposits earn higher interest; time deposits do not.B. Demand deposits require prior notice for withdrawal; time deposits do not.C. Demand deposits are highly liquid; time deposits ...
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Explain the concept of ‘Capital Adequacy Ratio’ (CAR) in banking.
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A. Ratio of bank's liabilities to its assetsB. Ratio of bank's profits to its expensesC. Ratio of bank's capital to its risk-weighted assetsD. Ratio ...
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How does a bank manage its Liquidity Risk? | liquidity.
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A. Ignoring it entirelyB. Maintaining high levels of Non-Performing Assets (NPAs)C. Maintaining sufficient liquid assets and diversified funding sourcesD. Investing heavily in long-term, illiquid ...
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What is the role of a Bank’s Correspondent Bank? |.
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A. Providing loans to businessesB. Managing customer accountsC. Facilitating international transactionsD. Issuing credit cards
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What is a Letter of Credit (LC) in international trade?
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A. A type of loan.B. A form of insurance.C. A guarantee of payment in international trade.D. A type of bank account.
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What is the role of a Correspondent Bank? | correspondent.
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A. To lend money to individuals.B. To act as an agent for another bank.C. To regulate banking activities.D. To issue credit cards.