CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Advantages of BRS

After a revie...

Question

After a _ review, it was found that many financial institutions don't have proper _ in place and could unwillingly be financing illegal activities.

A

Routine; checks

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Periodic; space

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Schedule; standard

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Custom; timing

No worries! We‘ve got your back. Try BYJU‘S free classes today!

E

Suddenly; system

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Routine; checks
For the second blank space, standard and timing are not the suitable words to use. Only checks, system are suitable usages but with the system, the first word is suddenly which is not in agreement with the first blank. So, routine and checks are the correct pairs to use.

Suggest Corrections

thumbs-up

0

Similar questions

Which of the financial institutions was set up in 1990 for the promotion, financing and development of micro, small and medium enterprises?

Q. According to the financial accounting board (FASB), which of the following is a cash flow from a "financing" activity?

Q. Statements :
The government has spoiled many top ranking financial institutions by appointing bureaucrats as directors of these institutions.
Conclusions :
I. The government should appoint directors of the financial institutes taking into consideration the expertise of the person in the area of finance.
II. The director of the financial institute should have expertise commensurate with the financial work carried out by the institute.

Q. Statement Government has spoiled many top ranking financial institutions by appointing bureaucrats as directors of these institutions.
Conclusions
I. Government should appoint directors of the financial institutes taking into consideration the expertise of the person in the area of finance.
II. The director of the financial institute should have expertise commensurate with the financial work carried out by the institute.

Q. Consider the following statements about the idea of 'micro-finance' in India and select the correct ones using the code give below:
1. Micro-finance is a small-scale financial intermediation, inclusive of savings, credit, insurance, business services and technical support provided to the needy borrower.
2. The thrust of the micro finance initiative is to channelize production and consumption credit in multiple does based on the absorption capacity of the prospective borrower.
3. It has evolved through following different models at different times - a 'charity based model' to a 'third-based model' and finally to the 'trust and creditworthiness model'.
4. It was in Australia where evolved the link between microfinance institutions and the formal financial institutions.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Bank Reconciliation Part 2

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Advantages of BRS

Standard XI Accountancy

Join BYJU'S Learning Program

CrossIcon