Free GLO_CWM_LVL_1 Exam Braindumps (page: 44)

Page 43 of 266

Which of the following can be a scheduled bank?

  1. Public Sector Banks
  2. Private Sector Banks
  3. Co-operative Banks
  4. All of the above

Answer(s): D



Which of the following is not the non- formal sources of law?

  1. Custom
  2. Equity
  3. Precedents
  4. Standards of Justice

Answer(s): C



X's stock declined by the same percentage as the NIFTY on Mad Monday in October 2008. X was the victim of what type of risk?

  1. Financial Risk
  2. Market Risk
  3. Interest Risk
  4. Business Risk

Answer(s): B



Cash credit is treated as out of order if

  1. No credits continuously for 90 days
  2. Credits not adequate to cover interest for 90 days
  3. Either of the above
  4. Both of them

Answer(s): C






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