BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following terms is/are related with finance and banking?
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Velocity
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Displacement
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Badla
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Centigrade
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Explanation:
Detailed explanation-1: -Interest Rate Swap is defined as a ‘arrangement between two parties’ (banks/businesses) to swap interest payments. The principal amount will not be traded or exchanged in this approach; just the interest rate will be swapped or exchanged. It converts a variable rate loan’s interest into a fixed cost.
Detailed explanation-2: -Apartheid refers to the discrimination on the ground of race. It is widely practiced in South Africa. Thus it is social term and has not used in banking and finance.
Detailed explanation-3: -So the Radiation is the term which is not related to banking items.
There is 1 question to complete.