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  9. Q259

RBI Grade B Officer (General / DEPR / DSIM) 2022 · Question 259 of 276

- Read the passage given below and answer the following questions Worldwide, banks are increasingly using outsourcing, as a means of both reducing cost and accessing specialist expertise not available internally and achieving strategic aims. Outsourcing' may be defined as a bank's use of a third party (either an affiliated entity within a corporate group or an entity that is external to the corporate group) to perform activities on a continuing basis that would normally be undertaken by the bank itself, now or in the future. (This is a recreated passage and not the exact one asked in the exam) There are certain activities which cannot be outsourced by bank, some of them are _________ “A” __________ and ________ “B” ________. Identify A from the following option?

Banking

  1. AA. Investment management
  2. BB. Core management functionsCorrect
  3. CC. Marketing and research
  4. DD. Supervision of loans
  5. EE. None of the above

Answer: B. B. Core management functions

Official answer key verified. Detailed explanation coming soon.

Source: RBI Grade B Phase 2 2022 Finance and Management recollected questions with answer key (EduTap compilation) · memory-based

← Q258View full paper (276 questions)Q260 →

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