Current Job Vacancies In Nigeria 2013 Tx68

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When one party enjoys credit facilities by more than one banks who works in coordination with each other under a formal arrangement, such arrangement is known as __________ ANSWER: Consortium 21. What do we call when a bank dishonors a cheque. ANSWER: Return of the cheque unpaid 22. ______________________ is the fund that is created to be used as relief funds or bailouts packages. ANSWER: Sovereign Funds 23. The assets have stopped giving income to a bank. ANSWER: Non-performing assets 24. What is EFT? ANSWER: Electronic fund transfer 25. In which bank the government of India has acquired RBO's stake? ANSWER: State bank of India 26. __________________ is the amounts owed to a company that are not going to be paid ANSWER: Bad debts 27. Who regulates the Mutual Funds in India? ANSWER: SEBI 28. ________________________ is the instrument that cannot be transferred from one person to another by Endorsement. ANSWER: Fixed Deposit Receipts 29. Central Monetary Authority of India is ANSWER: RBI 30.

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