Wednesday, November 11, 2015

CAIIB (ABM - Advanced Bank Management) - Proprietary ratio


 Question: Proprietary ratio is calculated by
 
Explanation:
 
  1. Proprietary ratio (also known as Equity Ratio or Net worth to total assets or shareholder equity to total equity).
  2. Establishes relationship between proprietor's funds to total resources of the unit. Where proprietor's funds refer to Equity share capital and Reserves, surpluses and Total resources refer to total assets.
  3. Proprietary ratio = Proprietor's funds/Total assets
  4. This relationship highlights the fact as to what is the proportion of Proprietors and outsiders in financing the total business.
 

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Friday, November 6, 2015

JAIIB Question - SPOT Exchange

In SPOT, the exchange of currencies takes place on:

Answer:

A foreign exchange spot transaction, also known as FX spot, is an agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date. The exchange rate at which the transaction is done is called the spot exchange rate. The standard settlement timeframe for foreign exchange spot transactions is T + 2 days; i.e., two business days from the trade date.

Question from JAIIB - AFB -Accounting and Finance for Bankers
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Thursday, November 5, 2015

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JAIIB Question - A moneylender finds that due to a fail in the rate of interest

A money-lender finds that due to a fail in the rate of interest from 13% to 12.5%, His yearly income from interest falls by Rs. 208. His principal amount is ____

Solution:

Let the principal amount be Rs X. then, (X \times 13 \times 1)/100 - (X \times 12.5 \times 1)/100=208 X= 208/0.5%= 208*2 *100 X= 41600


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