What is the full form of NAV?
Answer: C
NAV is calculated by the Asset Management Company (AMC) at the end of every business day.
"Basel Committee on Banking Supervision" is also known as ___________________________.
Answer: B
At the end of 1974, the central bank governors of the G10 countries established a Committee on Banking Regulations and Supervisory Practices. The Committee was designed as a forum for regular cooperation between its member countries on banking supervisory matters.
Which one of the following is known as the recession occurring two times with a small gap in between?
Answer: C
A "double-dip recession" is also referred to as a "W-shaped" recession.
What is the full form of NDTL?
Answer: B
The Cash Reserve Ratio of scheduled banks is fixed at a certain percentage of their NDTL.
What is the full form of 'MAT'?
Answer: B
The intent of introducing MAT was to ensure that no taxpayer with substantial income can avoid tax liability by using exclusions, deductions and incentives.