Banking Awareness

What is the full form of the term LIBOR as used in financial banking sectors?

An investor or speculator who subscribes to a new issue with the intention of selling them soon after allotment to realize a quick profit is called?

Under provisions of which one of the following Acts, the Reserve Bank of India has the power to regulate, supervise and control the banking sector?

Which among the following are oldest financial institutions in India?

The RBI has asked banks to spell out their policy, procedures arid size of the business on which of the following aspects of banking?

Which one of the following tools is used by RBI for selective credit control?

On July 12, 1982, the ARDC was merged into

In the opinion of the Governor of Reserve Bank of India, which one of the following is the reason owing to which India's inflation is accelerating?

'The set of directive principles issued by the Central Bank of a country or the process adopted by it to control the supply of money, availability of money, cost of money and rate of interest, etc. in order to bring stability and growth of the economy' are commonly known as-

Many times we read about Future Trading in newspapers. What is 'Future Trading'?

1. It is nothing but a trade between any two stock exchanges where in it is decided to purchase the stocks of each other on a fixed price throughout the year
2. It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price
3. It is an agreement between stock exchanges that they will not trade the stocks of each other under any circumstances in future or for a given period of time