BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not a banking/finance related term?
A
Credit wrap
B
EMI
C
Held to Maturity
D
Diffusion
Explanation: 

Detailed explanation-1: -Exposure limit refers to the extent to which an individual can be safely exposed to hazardous substances, especially chemicals. Thus, it is not a banking/finance-related term.

Detailed explanation-2: -It could be loans, self finance, issue of equity, goods on credit, etc. Loans against shares cannot be considered as finance.

Detailed explanation-3: -Operating account is NOT retail banking product.

There is 1 question to complete.