Consider the following statements: 1. A rupee Vostro account is an account that an Indian bank holds for a foreign bank in the domestic currency (rupee) to enable domestic banks to provide international banking services. 2. Insurance density, i.e., average insurance premium per capita does not fully capture the financing gap in the event of a premature death because most of the insurance products sold in India are savings-linked with a small component of protection. Which of the statements given above is/are correct?

With reference to the Non-banking Financial Companies (NBFCs) in India, consider the following statements : 1. They cannot engage in the acquisition of securities issued by the government. 2. They ca…

Consider the following statements : The price of any currency in international market is decided by the 1. World Bank 2. Demand for goods/services provided by the country concerned 3. Stability of th…

Consider the following statements, the price of any currency in international market is decided by the: 1. World Bank. 2. demand for goods/services provided by the country concerned. 3. stability of…

Consider the following statements regarding .e-RUPI prepaid digital vouchers: 1. The maximum amount of e-RUPI is rupees one lakh. 2. Beneficiaries can receive e-RUPI without having a bank account. 3.…

Consider the following statements: 1. Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if the account-holders…