Following Is Information Related Banks: Auckland Ltd Is a Public

question 50

Multiple Choice

Following is information related banks: Auckland Ltd is a public sector bank operating with about 120 branches across India. The bank has been in business since 1971 and has about 40% branches in rural areas and about 75% of all branches are in Western India. On the basis of the size, Auckland Ltd will be ranked at number 31 amongst 40 banks in India. Although top management has appointment period of 5 years, generally they retire on ach sieving age of 60 years with an average tenure of only 2 years at the top job. Profit and Loss Account Balance Sheet The rating wise break-up of assets for FY11 is as follows: During which year amongst the three, was the overall financial profile of bank most string?

• A) No change in three years
• B) FY13
• C) FY11
• D) FY12

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Definitions:

Not-for-Profit Entity

An organization whose primary goal is not to make a profit but to pursue a mission of public or social benefit.

Recipient

An individual or organization that receives something from another entity, often within the context of transactions or awards.

Charitable Entity

An organization established for philanthropic rather than profit-making purposes, benefiting the public or a particular social cause.

Cash Contributions

Monetary gifts made by individuals or organizations to entities such as companies, nonprofits, or trusts, often for specific purposes or projects.