Podcast
Questions and Answers
Which of the following is a type of bank that is a member of FIMMDA?
Which of the following is a type of bank that is a member of FIMMDA?
- Private sector banks
- Foreign banks
- All India Financial institutions
- All of the above (correct)
What is the primary objective of FIMMDA according to the passage?
What is the primary objective of FIMMDA according to the passage?
- To function as the principal interface with the regulators on various issues
- To undertake developmental activities such as introduction of benchmark rates and new derivatives instruments
- To provide training and development support to dealers and support personnel at member institutions
- All of the above (correct)
What is the role of FIMMDA in relation to standardized documentation?
What is the role of FIMMDA in relation to standardized documentation?
- FIMMDA acts as an arbitrator for disputes between member institutions
- FIMMDA does not have any role in relation to standardized documentation
- FIMMDA develops standardized sets of documentation (correct)
- FIMMDA adopts/develops international standard practices and a code of conduct
Which of the following activities does FIMMDA NOT undertake according to the passage?
Which of the following activities does FIMMDA NOT undertake according to the passage?
Which of the following is NOT a type of member institution of FIMMDA?
Which of the following is NOT a type of member institution of FIMMDA?
What is the primary role of FIMMDA in relation to benchmark rates?
What is the primary role of FIMMDA in relation to benchmark rates?
Which of the following is NOT mentioned as a key objective of FIMMDA in the passage?
Which of the following is NOT mentioned as a key objective of FIMMDA in the passage?
Which of the following is NOT listed as a type of member institution of FIMMDA?
Which of the following is NOT listed as a type of member institution of FIMMDA?
What is the primary role of FIMMDA in relation to the functioning of the financial markets?
What is the primary role of FIMMDA in relation to the functioning of the financial markets?
Which of the following is NOT mentioned as a developmental activity undertaken by FIMMDA?
Which of the following is NOT mentioned as a developmental activity undertaken by FIMMDA?
