1. In order to be a member of the OECD, a country must: be at a high point of ec
ID: 2384086 • Letter: 1
Question
1.
In order to be a member of the OECD, a country must:
be at a high point of economic development and industrialization
be a member of the European Union
be a member of the North American Free Trade Agreement
belong to the United Nations
2.
Project finance refers to:
financing large-scale capital projects
financing IMF projects
financing WB projects
financing OECD (Organization for Economic Cooperation and Development) projects
3.
Which of the following made it legal for banking institutions to conduct both commercial and investment activity?
Gramm-Leach-Bliley Act
Federal Reserve Act of 1913
Glass-Steagall Act of 1933
FDIC Act of 1933
4.
The primary bank supervisory agency in Japan is the:
Bank of Japan
Resolution Trust Corporation
Bank of Tokyo
Financial Supervisory Agency (FSA)
5.
A major challenge facing western bankers in Islamic societies is due to the:
Bureaucracy
Inefficiency
Usury Law
Political instability
be at a high point of economic development and industrialization
be a member of the European Union
be a member of the North American Free Trade Agreement
belong to the United Nations
2.
Project finance refers to:
financing large-scale capital projects
financing IMF projects
financing WB projects
financing OECD (Organization for Economic Cooperation and Development) projects
3.
Which of the following made it legal for banking institutions to conduct both commercial and investment activity?
Gramm-Leach-Bliley Act
Federal Reserve Act of 1913
Glass-Steagall Act of 1933
FDIC Act of 1933
4.
The primary bank supervisory agency in Japan is the:
Bank of Japan
Resolution Trust Corporation
Bank of Tokyo
Financial Supervisory Agency (FSA)
5.
A major challenge facing western bankers in Islamic societies is due to the:
Bureaucracy
Inefficiency
Usury Law
Political instability
Explanation / Answer
Ans 1 In order to be a member of the OECD, a country must- Belong to United Nations Ans 2 Project finance refers to:Large scale capital Projects Ans 3 Which of the following made it legal for banking institutions to conduct both commercial and investment activity?-Gramm-Leach-Bliley Act-It removed the restrictions laid down by Glass-Steagall Act of 1933 seperating the investing and commercial banking functions. Ans 4 The primary bank supervisory agency in Japan is the: Financial Supervisory Agency (FSA) is the supreme regulatory authority for banks and other financial institutions in Japan. Earlier these functions were taken care by Ministry of Finance. Ans 5 A major challenge facing western bankers in Islamic societies is due to the:Political instability
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