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NEW QUESTION: 1

A. Option C
B. Option B
C. Option A
D. Option E
E. Option D
Answer: C,D

NEW QUESTION: 2
How may a bank limit the definition of executive officer?
A. By limiting the amount of confidential information given to those officers to be excluded from the definition
B. By passing a board of director's resolution setting forth the bank's definition of an executive officer
C. By requiring that those officers to be excluded from the definition not attend loan committee meetings or loan review meetings
D. By strictly defining, in writing, the duties and responsibilities of the officers to be excluded from the definition
Answer: B

NEW QUESTION: 3
Section B (2 Mark)
Sudhir has invested Rs. 60,000, 30% of which is invested in Company A, which has an expected rate of return of 15%, and 70% of which is invested in Company B, with an expected return of 12%. What is the return on Sudhir's portfolio?
A. Rs. 6750/-
B. Rs. 7740/-
C. Rs. 6350/-
D. Rs. 6875/-
Answer: B