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Practice Banking System in India Questions and Answers

The theory dealing with fiscal ______ is where the federal is trying to align government expenditure with government revenue.
Which the following is not the reason for demand pull inflation?
As per Recovery of Debts due to Banks and Financial Institutions Act 1993, any case referred to the Debt Recovery Tribunal should be settled within _______...
The Asset Reconstruction Companies (ARCs) in India are established as per the provision of which among the following?
A stale is cheque is such that it is presented after ____________ from the date of its issue, at the bank.
In the banking parlance, CTS stands for –
The headquarters of the European Investment Bank are situated in –
With reference to the NBFCs, consider the following statements: 1. It is a company registered under the Companies Act, 1956 2. NBFC cannot accept demand ...
Which one of the following statements is true Cooperative Banking?
FIFP is the new online single point interface of the Government of India for investors to facilitate Foreign Direct Investment, what is the full form of FI...
Which of the following is an alphanumeric code that facilitates electronic funds transfer in India?
As per the current FDI policy, the foreign shareholding in private sector banks is allowed up to?
Which of the following central bank is not the members of the Asian Clearing Union?
In which of the following facility the borrower can take money out as needed until the limit is reached, and as money is repaid, it can be borrowed again?
Which of the following gives the recommendations to the government on top-level appointments like full-time Directors, non-Executive Chairman in Public Sec...
Which of the following system enabling the citizens of the country to utilize any ATM of a connected bank?
The regional offices of Securities and Exchange Board of India (SEBI) is not located in which one of the following locations?
Which specific institutions in India does not qualify as Market Infrastructure Institutions?
What is the maximum time period given to the states to repay the Ways and Means Advances extended to them by the RBI?
Which among the following is/are NOT covered under the insurance cover issued by the Deposit Insurance and Credit Guarantee Corporation (DICGC)?
What is the maximum amount that can be borrowed by banks under the Marginal Standing Facility (MSF) route?
Which among the following is NOT a qualitative measure of monetary policy undertaken by the RBI in India?
What is the loan amount in the education sector for studying abroad that is included in the Priority Sector by the RBI?
The asset size of a non-banking finance company should be _____________ or more in order for it to be identified as a systemically important NBFC.
Consider the following about Prevention of Money Laundering Act. I. PMLA was enacted in 2002 and it came into force in 2005. II. The PLMA has been amended ...
Consider the following statement: I. MDs and CEOs of asset reconstruction companies (ARCs) cannot have more than three terms in office. II. The term of M...
The RBI has allowed international trade settlement in rupees for which AD banks need to open ____________, in terms of Regulation 7(1) of Foreign Exchange ...
Under the Liberalised Remittance scheme (LRS), the received/ realised/ unspent/ unused foreign exchange, unless reinvested, shall be repatriated and surren...
Protection of paying banker against forged endorsement in Bearer Cheques is available under which section of NI Act?
Which section of NI Act provides protection to collecting Banker?
After issue of demand notice under section 13 (2) of SARFAESI, what is the time limit within which the secured creditor can initiated an action for enforce...
Sarfaesi action cannot be imposed if ____________.
Premium amount of and minimum age of entry in PM Suraksham Bima Yojna?
Lok Adalat to settle banking disputes involving amount up to?
Expand UCPDC?
What is the full form of MUDRA?
Which of the following is characteristics of an inchoate instrument?
Which section of RBI Act 1934 prescribes the CAR for SCBA without any floor or ceiling rate? Which section of RBI Act 1934 prescribes the CAR for SCBA with...
The minimum age of joining APY is 18 years and maximum age is _____.
How many members of one family can avail financial assistance under PMEGP scheme?

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