Insights Secure Prelims – 2014: MCQs On Current Events

ARCHIVES 8 May 2014 Today’s Questions 1. With reference to  Perpetual Non-Cumulative Preference Shares (PNCPS), consider the following statements These are  type of preferred stock that has no maturity date Recently union cabinet agreed to convert these shares held by India in various public sector banks into equities Converting them to equity ensures adequate Tier-I capital in public …