1. The full form of the organization known as FEDAI is— (a) - TopicsExpress

1. The full form of the organization known as FEDAI is— (a) Foreign Exchange Dealers Agency of India (b) Full Exchange Deal and Industries (c) Foreign Exchange Dealers’ Association of India (d) Foreign Exchange Draft Associated Instructions Ans: (c) 2. Why are anti money laundering laws important for the economy? (a) To control flow of illegal money to stop anti national and criminal activities (b) To prohibit trade in unaccounted money (c) To stop benami activity (d) To check money lending activity Ans: (a) 3. Where does RBI mint currency coins? (a) At Mumbai and Adipose (Kolkata) (b) At Mumbai and Noida (c) At Kolkata and Noida (d) At Mumbai, Adipose (Kolkata), Hyderabad and Noida Ans: (d) 4. RBI enables banks to tide over their funds problems with the help of LAF facility. What is the full form of LAF? (a) Liquid Adjustment Facility (b) Liabilities Adjustment Finance (c) Liquid Assets and Finance (d) Liquidity and Finance Ans: (a)

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