In periods of boom, which leads to economic instability, Reserve Bank resorts to
A) sale in the market of first class securities in its possession to reduce the supply of money as a measure of open market operations
B) buying of approved securities in the market as a measure of pen market operations
C) hike in the bank rate as a measure of open market operations
D) none of these
Correct Answer:
Verified
Q9: Working Capital Gap means-
A)total current assets minus
Q10: …………… constitute the largest source of funds
Q11: Banker's lien is a type of security.
A)hypothecated
B)mortgaged
C)impli
D)pledge
Q12: Section 85(1) of the Negotiable Instrument Act
Q13: Collection of cheques for customer is a………….function
Q15: Under Section 17 of the Banking Regulation
Q16: After a customer has closed the account_
A)the
Q17: ………….is a new scheme of deposit mobilization
Q18: A mandate may continue to be operative
Q19: ….........is a document issued by the bank
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