Banking Officer Exam Template With Answers Page 17
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29Bank of India Banking Officer Paper – 2017 (Practice Set)
rd
c. From A of 3
schedule to Banking Act
108. Where regular payments are required to be
made or received for a fixed period of times in the
rd
d. Form B of 3
schedule of Banking Regulation Act
beginning of each period interval, this is called:
105. Banks prepare audited balance sheet and
a. Perpetuity
st
profit and loss account as on Mar 31
every year,
as per:
b. Ordinary annuity
a. directions of Govt. of India
c. Annuity due
b. regulations of Reserve Bank of India
d. Sinking fund
c. provision of RBI Act
d. All the above
109. The coupon rate is (which of the following is
correct)
A. Rate of return on a debenture
106. Accounts of banks should be audited by a
person duly qualified under any law, to be
B. Fixed rate of interest on a bond
auditors of the company, as per provisions of
C. Yield rate of interest on a bond
_______ and with approval of _________.
D. Current yield of the bond
a. Banking Regulation Act Section 29, RBI
b. Banking Regulation Act Section 30, RBI
110. Interest rate elasticity is calculated as under:
c. Banking Regulation Act Section 30, Central Govt.
a. % age change in maturity value of bond in period
d. Banking Regulation Act Section 29, Central Govt.
t/ % change in the yield to maturity for a bond|
b. %age change in price of bond in period t/ %
107. Identify a personal account out of the
change in the yield to maturity for a bond I
following
c. %age change in price of bond in period t/ %
a. Commission account
change in the maturity value for a bond I
b. Machinery account
d. Total age change in price of bond in period t/ %
change in the yield to maturity for a fbond I
c. Income accrued but not received account
d. Cash account
Page 17
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