1.Cash Reserve Ratio (CRR) is maintained in the form of
Investment in Money Market
Government Securities
Balance with RBI
All of the above
2.Computer system failure is classified in the risk category of
Credit Risk
Operational Risk
Technology Risk
Security Risk
3.Credit facility sanctioned for purchasing, processing and packing of goods meant for export is known as
packing credit
bridge finance
forfaiting
None of these
4.How is Base Rate calculated?
a host of factors, like cost of deposits, administrative costs, profitability of a bank in the previous financial year are taken into account
certain parameters with stipulated weights are considered while calculating a lender's Base Rate
cost of deposit has the highest weight in calculating Base Rate
All of the above
5.A commercial bank is prohibited from issuing a bank draft payable to bearer by the provisions contained in
The Negotiable Instruments Act, 1881
The Reserve Bank of India Act, 1934
The Companies Act, 1956
The Banking Regulation Act, 1979
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