Following are the assets in which banks are investing for maintain SLR(Statutory Liquidity Ratio)

• Government securities
• Gold
• Specified instrument by RBI time to time
• All of the above

Relaxation from documentation requirements for micro SIP is available for..

• HUF
• Non Individual
• NRI
• PIO

What would be the redemption value of a Unit if NAV is 15 and Exit load is 1%

• 15
• 14.85
• 15.5
• 15.15

Which one is false about debenture

• Issued by PSU
• High credit risk
• It has maturity
• Duration is greater than 1 yr

Bill purchase facility is granted in the case of______

• Demand bills
• Tenor bills
• Term bills
• None

A fixed term plan series is-

• As open ended fund
• A closed ended fund
• A fixed term bank deposit
• A fixed term corporate bond

A conservative investor need not be advised to invest in ?

• Gilt Fund
• Liquid Fund
• High Yield Bond Fund
• Short Term Plan

In case of bank guarantees on behalf of company that is in liquidation the bank on invocation of the guarantee by the beneficiary should______

• Must pay the amount to the liquidator and not the beneficiary
• Must pay the beneficiary
• Must deposit the amount in the court to avoid any controversy
• None

What is the DDT for an individual in liquid fund ?

• 0.25
• 0.2
• 0.13
• 0.1

Companies issuing short term debt is called

• CD
• Tbills
• Debentures
• CP