Bonds or debentures issued by Securitization company should bear interest not less than

(A) Bank Rate (B) Prime Lending Rate (C) 1.5% over the Bank Rate (D) 1.5% over the Saving Rate

Section 131 of the Negotiable Instruments Act extends protection to the _______

(A) Collecting Banker (B) Paying Banker (C) Advising Banker (D) Confirming Banker

When a customer, by a letter has advised the bank not to honour/pay a particular cheque, such letter is called ______

(A) Cancellation letter (B) Garnishee letter (C) Mandate (D) None of the above

Flow of foreign loans and investments affect

(A) Trade balance (B) Current Account balance (C) Capital Account balance (D) None of the above

 Concessions mainly multinational in character come under the principle of

(A) Non-discrimination (B) Reciprocity (C) Market Access (D) Fair Competition

From the following identify the one which is not a commercial counter trade?

(A) Classical barter (B) Counter purchase (C) Pre-compensation (D) Buy-back agreement

If the spot price is higher than the strike price in a call option, it is referred to as

(A) At-the-money (B) In-the-money (C) Out-of-the-money (D) Premium