Q. 46. Consider the following statements :
1. Currency Chest refers to the contingency fund with the Central Bank to deal with the Balance of Payments crisis.
2. Fisher Effect occurs when banks circumvent regulations by using alternatives out of the regulatory preview.
Which of the statements given above is/are correct?
(A) 1 only
(B) 2 only
(C) Both 1 and 2
(D) Neither 1 nor 2
Answer:
Explanation:
Q. 47. Consider the following statements with reference to the “Interest Coverage Ratio” (ICR) of a firm.
1. It indicates the possibility of future risks in the bank’s loan book.
2. The lower the level of ICR of the firm, the higher its ability to pay for its debt.
Which of the statements given above is /are correct?
(A) 1 only
(B) 2 only
(C) Both 1 and 2
(D) Neither 1 nor 2
Answer:
Explanation:
Q. 48. “Special Data Dissemination Standard” related to financial data transparency is a mechanism established by which one of the following:
(A) United Nations Statistical Commission
(B) World Trade Organisation
(C) International Monetary Fund
(D) International Finance Corporation
Answer:
Explanation:
Q. 49. Consider the following statements:
1. Payment banks cannot accept non-resident Indian deposits, while Small Finance banks can accept such deposits.
2. Unlike Payment banks, Small Finance banks are subject to maintenance of the Cash Reserve Ratio (CRR).
3. While Small Finance banks are mandated to maintain 25 per cent of their branches in unbanked areas, no such conditions are imposed on payment banks.
Which of the statements given above is/are correct?
(A) 1 only
(B) 2 and 3 only
(C) 3 only
(D) 1 and 3 only
Answer:
Explanation:
Q. 50. Consider the following statements regarding the ‘Standing Deposit Facility (SDF)’ scheme:
1. It acts as a tool for absorbing liquidity without any collateral.
2. It is not applicable on overnight deposits.
3. The SDF rate is set at a rate lower than the Repo rate.
Which of the statements given above is/are correct?
(A) 1 and 2 only
(B) 2 only
(C) 3 only
(D) 1 and 3 only
Answer:
Explanation: