Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

Financial Services Institutions Bureau (FSIB) Quiz

5 Questions

0 Views

Financial Services Institutions Bureau (FSIB) Quiz

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following statements is true about Line of Credit?

It is a preset amount of money that a bank has agreed to lend (correct)

It is issued by one bank to another

The company will have to pay interest on the amount for which line of credit has been issued

It is issued mainly in case of international transactions

Which bank is not in the list of 'Domestic Systemically Important Banks'?

ICICI Bank

HDFC Bank

State Bank of India (SBI)

Axis Bank (correct)

Which statements are true regarding 'Letter of Credit'?

It is a form of bank guarantee (correct)

It is an assurance that a buyer’s payment to a seller will be received on time

It is a letter issued from a bank that the bank has agreed to lend

It is an agreement between two companies for future business dealings

What is the purpose of RBI's 'Payments Infrastructure Development Fund'?

<p>Supporting the growth of digital payments by enhancing payment infrastructure</p> Signup and view all the answers

What does Capital Adequacy Ratio (CAR) represent for banks?

<p>The amount banks have to maintain in the form of their own funds to cover losses due to accountholders' defaults</p> Signup and view all the answers