caiibmocktest.in

Whoops!! You have disabled JavaScript. This site requires JavaScript to completely work fine. Please consider enabling it. Thanks.

1 2 3 4 5 6 7 8 9 10

Question 1 reset

__________ is the possibility of a major bank failing and the resultant losses to counter parties reverberating into a banking crisis.

Market risk

Legal Risk

Systemic Risk

Question 2 reset

_________ entities authorized to buy and sell foreign currency notes, coins and TCs.

Full Fledged Money Changers (FFMC)

Restricted Money Changers (RMCs)

Question 3 reset

__________ entities authorized to buy foreign currency.

Full Fledged Money Changers (FFMC)

Restricted Money Changers (RMCs)

Question 4 reset

The crystallization period cannot exceed

30 days

60 days

Question 5 reset

In case of excess of assets over the liabilities, the dealer will have long position.

True

False

Question 6 reset

_________ is the maximum amount of open position or exposure, a bank can keep overnight, when markets in its time zone are closed.

Overnight Limit

Daylight Limit

Question 7 reset

Corresponding Banking is the relationship between two banks which have mutual accounts with each other, are one of them having account with the other.

True

False

Question 8 reset

The foreign account maintained by a Bank, with another bank is classified as

Nostro

Vostro

Loro Accounts

All the above

Question 9 reset

The mirror account is maintained in:

Home currency

foreign currency

Both the above

Question 10 reset

RTGS system is managed by IDRBT.

True

False

Time Over