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4
Q:

The main components of market risk are 

a) Liquidity risk     b) Interest rate risk       c) Currency risk

A) Only a B) both a and b
C) only c D) all a, b and c

Answer:   D) all a, b and c



Explanation:
Subject: Bank Interview
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO
Related Questions
Q:

Devaluation of currency leads to

A) increase in domestic prices B) erratic fluctuations in domestic prices
C) fall in domestic prices D) no impact on domestic prices
 
Answer & Explanation Answer: A) increase in domestic prices

Explanation:
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1 1369
Q:

The balance of an account is determined by

A) Sum of credits and debits B) Difference of credits and debits
C) Product of credits and debits D) None of the above
 
Answer & Explanation Answer: B) Difference of credits and debits

Explanation:

The balance of an account is determined by the difference of credits amount and debits amount in the sheet.

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Q:

OMO refers to

Answer

Open Market Operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system.

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0 1558
Q:

Automatic stabilizers refer to

A) government spending and taxes that automatically increase or decrease along with the business cycle. B) changes in the money supply and interest rates that are intended to achieve macroeconomic policy objectives.
C) changes in federal taxes and purchases that are intended to achieve macroeconomic policy objectives. D) the money supply and interest rates that automatically increase or decrease along with the business cycle.
 
Answer & Explanation Answer: A) government spending and taxes that automatically increase or decrease along with the business cycle.

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0 1645
Q:

Which of the following is a type of savings vehicle?

A) Checking Account B) Certificate of Deposit
C) Money Market Account D) Both B & C
 
Answer & Explanation Answer: D) Both B & C

Explanation:

Which_of_the_following_is_a_type_of_savings_vehicle1558588145.jpg image

 

A savings vehicle is a bank account that's used to hold your savings.

 

The basic saving vehicles include :

Savings accounts,

Money market accounts,

Certificates of deposit, and

Stock market.

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Q:

In recording an accounting transaction in a double-entry system

A) there must always be entries made on both sides of the accounting equation. B) the amount of the debits must equal the amount of the credits.
C) there must only be two accounts affected by any transaction. D) the number of debit accounts must equal the number of credit accounts.
 
Answer & Explanation Answer: B) the amount of the debits must equal the amount of the credits.

Explanation:
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Q:

Which of the following statements about minimum payments is incorrect?

A) If you send in the minimum payment, you will be charged a late fee B) Paying the minimum means you are only paying off a portion of your total debt
C) You will still pay interest on your balance if you submit the minimum payment D) Minimum payments are typically only 2-4% of your total debt
 
Answer & Explanation Answer: A) If you send in the minimum payment, you will be charged a late fee

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0 1912
Q:

A capital expenditure results in a debit to 

A) an asset account B) a liability account
C) an expense account D) a capital account
 
Answer & Explanation Answer: A) an asset account

Explanation:
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