THE 2017 G20 FINANCE MINISTERS AND CENTRAL BANK GOVERNORS MEETING WAS HELD IN WHICH COUNTRY ?->(Show Answer!)

1. THE 2017 G20 FINANCE MINISTERS AND CENTRAL BANK GOVERNORS MEETING WAS HELD IN WHICH COUNTRY

Answer: GERMANY

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MCQ-> Read the following passage carefully and answer the questions given at the end.Passage 4Public sector banks (PSBs) are pulling back on credit disbursement to lower rated companies, as they keep a closer watch on using their own scarce capital and the banking regulator heightens its scrutiny on loans being sanctioned. Bankers say the Reserve Bank of India has started strictly monitoring how banks are utilizing their capital. Any big-ticket loan to lower rated companies is being questioned. Almost all large public sector banks that reported their first quarter results so far have showed a contraction in credit disbursal on a year-to-date basis, as most banks have shifted to a strategy of lending largely to government-owned "Navratna" companies and highly rated private sector companies. On a sequential basis too, banks have grown their loan book at an anaemic rate.To be sure, in the first quarter, loan demand is not quite robust. However, in the first quarter last year, banks had healthier loan growth on a sequential basis than this year. The country's largest lender State Bank of India grew its loan book at only 1.21% quarter-on-quarter. Meanwhile, Bank of Baroda and Punjab National Bank shrank their loan book by 1.97% and 0.66% respectively in the first quarter on a sequential basis.Last year, State Bank of India had seen sequential loan growth of 3.37%, while Bank of Baroda had seen a smaller contraction of 0.22%. Punjab National Bank had seen a growth of 0.46% in loan book between the January-March and April-June quarters last year. On a year-to-date basis, SBI's credit growth fell more than 2%, Bank of Baroda's credit growth contracted 4.71% and Bank of India's credit growth shrank about 3%. SBI chief Arundhati Bhattacharya said the bank's year-to-date credit growth fell as the bank focused on ‘A’ rated customers. About 90% of the loans in the quarter were given to high-rated companies. "Part of this was a conscious decision and part of it is because we actually did not get good fresh proposals in the quarter," Bhattacharya said.According to bankers, while part of the credit contraction is due to the economic slowdown, capital constraints and reluctance to take on excessive risk has also played a role. "Most of the PSU banks are facing pressure on capital adequacy. It is challenging to maintain 9% core capital adequacy. The pressure on monitoring capital adequacy and maintaining capital buffer is so strict that you cannot grow aggressively," said Rupa Rege Nitsure, chief economist at Bank of Baroda.Nitsure said capital conservation pressures will substantially cut down "irrational expansion of loans" in some smaller banks, which used to grow at a rate much higher than the industry average. The companies coming to banks, in turn, will have to make themselves more creditworthy for banks to lend. "The conservation of capital is going to inculcate a lot of discipline in both banks and borrowers," she said.For every loan that a bank disburses, some amount of money is required to be set aside as provision. Lower the credit rating of the company, riskier the loan is perceived to be. Thus, the bank is required to set aside more capital for a lower rated company than what it otherwise would do for a higher rated client. New international accounting norms, known as Basel III norms, require banks to maintain higher capital and higher liquidity. They also require a bank to set aside "buffer" capital to meet contingencies. As per the norms, a bank's total capital adequacy ratio should be 12% at any time, in which tier-I, or the core capital, should be at 9%. Capital adequacy is calculated by dividing total capital by risk-weighted assets. If the loans have been given to lower rated companies, risk weight goes up and capital adequacy falls.According to bankers, all loan decisions are now being assessed on the basis of the capital that needs to be set aside as provision against the loan and as a result, loans to lower rated companies are being avoided. According to a senior banker with a public sector bank, the capital adequacy situation is so precarious in some banks that if the risk weight increases a few basis points, the proposal gets cancelled. The banker did not wish to be named. One basis point is one hundredth of a percentage point. Bankers add that the Reserve Bank of India has also started strictly monitoring how banks are utilising their capital. Any big-ticket loan to lower rated companies is being questioned.In this scenario, banks are looking for safe bets, even if it means that profitability is being compromised. "About 25% of our loans this quarter was given to Navratna companies, who pay at base rate. This resulted in contraction of our net interest margin (NIM)," said Bank of India chairperson V.R. Iyer, while discussing the bank's first quarter results with the media. Bank of India's NIM, or the difference between yields on advances and cost of deposits, a key gauge of profitability, fell in the first quarter to 2.45% from 3.07% a year ago, as the bank focused on lending to highly rated customers.Analysts, however, say the strategy being followed by banks is short-sighted. "A high rated client will take loans at base rate and will not give any fee income to a bank. A bank will never be profitable that way. Besides, there are only so many PSU companies to chase. All banks cannot be chasing them all at a time. Fact is, the banks are badly hit by NPA and are afraid to lend now to big projects. They need capital, true, but they have become risk-averse," said a senior analyst with a local brokerage who did not wish to be named.Various estimates suggest that Indian banks would require more than Rs. 2 trillion of additional capital to have this kind of capital adequacy ratio by 2019. The central government, which owns the majority share of these banks, has been cutting down on its commitment to recapitalize the banks. In 2013-14, the government infused Rs. 14,000 crore in its banks. However, in 2014-15, the government will infuse just Rs. 11,200 crore.Which of the following statements is correct according to the passage?
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MCQ-> Study tin following information carefully and answer the questions given below: Following are the conditions for selecting a Manager Finance in an organization. The candidate must- (i) be a graduate in any discipline with at least 50% marks. (ii) have completed Post Graduate Degree/Diploma in Management with specialization in Finance with at least 65% marks (iii) have post qualification work experience of at least 4 years in the finance department of all organization. (iv) be at least 26 years and not more than 36 years as on 01.12.2011. In the case of a candidate who fulfils all the conditions except- (a) at (ii) above, but has secured at least 60% marks in post-graduate degree/diploma in management with specialization in Finance and at least 70% marks in Graduation. his/her case is to be referred to DGM - Finance (b) at (iii) above, but has post qualification work experience of at least two years as Assistant Finance Manager. his/her case is to be referred to GM-Finance. In each question below. details of one candidate are provided. You have to take one of the following courses of action based on the conditions given above and the information provided in each question and mark the number of that course of action as your answer. You are not to assume anything other than the information provided in each question. All these cases are given to you as on 01.12.2011. Mark answer (1) if the candidate is to be selected. Mark answer (2) if the data provided are inadequate to take a decision. Mark answer (3) if the candidate is not to be selected. Mark answer (4) if the case is to be referred to DGM-Finance. Mark answer (5) if the case is to be referred to GM-Finance. Now read the information provided in each question and mark your answer accordingly.Raman Sharma was born on 19th March 1981. He has been working in the finance department of an organization for the past six years. He has secured 65% marks in B.Com. and 75% marks In his post graduate degree in management with finance specialization.
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MCQ-> Directions : Study the following information carefully to answer these questions: Eight persons from different banks viz. UCO Bank, Syndicate Bank, Canara Bank, PNB, Dena Bank, Oriental Bank of Commerce, Indian Bank and Bank of Maharashtra are sitting in two parallel rows containing four people each, in such a way that there is an equal distance between adjacent persons. In row-1 A, B, C and D are seated and all of them are facing South. In row-2 P, Q, R and S are seated and all of them are facing North. Therefore in the given seating arrangement each member seated in a row faces another member of the other row. (All the information given above does not necessarily represent the order of seating as in the final arrangement.) ★ C sits second to right of the person from bank of Maharashtra. R is an immediate neighbour of the person who faces the person from bank of Maharashtra. ★ Only one person sits between R and the person for PNB. Immediate neighbour of the person from PNB faces the person from Canara Bank. ★ The person from UCO Bank faces the person from Oriental Bank of Commerce. R is not from Oriental Bank of Commerce. P is not from PNB. P does not face the person from Bank of Maharashtra. ★ Q faces the person from Dena Bank. The one who faces S sits to the immediate left of A. ★ B does not sit at any of the extreme ends of the line. The person from Bank of Maharashtra does not face the person from Syndicate Bank.Which of the following is true regarding A?
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MCQ-> Study the following information carefully and answer the questions given below: Following are the conditions for selecting Manager- Finance in an organisation: The candidate must — (i) be a graduate in any discipline with at least 50 percent marks. (ii) be a postgraduate in Management with specialisation in Finance. (iii) be at least 25 years and not more than 35 years as on 1.2.2013. (iv) have post qualification work experience of at least two years in the Accounts/Finance department of an organization (v) have secured at least 40 percent marks in the selection process. In the case of a candidate who satisfies all other criteria EXCEPT (A) at (ii) above, but has worked as Deputy Manager - Finance in an organization for at least three years, his/her case is to be referred to General Manager- Finance. (B) at (v) above, but has secured at least 70 percent marks in post graduation, his/her case is to be referred to President-Finance.In each question below, detailed information of one candidate is provided. You have to take one of the following courses of action based on the information provided and the conditions and subconditions given above and mark your answer accordingly. You are not to assume anything other than the information provided in case of each candidate. All these cases are given to you as on 1.2.2013Mark answer a: if the candidate is not to be selected. Mark answer b: if the data Provided are not adequate to take a decision. Mark answer c: if the case is to be referred to General Manager-Finance. Mark answer d: if the case is to be referred to President-Finance. Mark answer e: if the candidate is to be selected.Geeta Kothari was born on 10th September 1980. She has been working in the Finance Department of an organization for the past four years after completing her MBA with Finance specialisation. She has secured 50 percent marks in the selection process.
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