Practice Banking System in India Questions and Answers

• 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?
• Negative lien means
• The bailment of goods as security for payment of debt or performance of a promise is called:
• If a person is missing then after how many years is that person considered deceased after the complaint is filed?
• Section 45ZA in BANKING REGULATION ACT 1949 deals with?
• Rupee revenue stamp is used for which amount in India?
• As per RBI decision demand draft above Rs.20,000/- what should be followed?
• The risk that the bank will not receive funds from its counter-parties on the due date is called
• EEFC account acts like which account?
• DSCR indicates the ability of a company to?
• The current ratio can be numerically expressed in the form of the following equation
• Funds flow statement is prepared to :
• What is charge created on gold loan?
• Which of the following term is a strategy that tries to limit risks in financial assets?
• Which of the following term is the practice where you pledge an asset (in this case, a car) to a bank when applying for a loan?
• Which of the following term is correct regarding Basic Savings Bank Deposit Account (BSBDA)?
• Which is the mandatory process of identifying and verifying the client's identity when opening an account and periodically over time?
• Which of the following is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlemen...
• In which state is the Insurance Regulatory and Development Authority of India (IRDAI) headquartered?
• In which city is the National Bank for Agriculture and Rural Development (NABARD) headquartered?
• In which year was the Small Industries Development Bank of India (SIDBI) established?
• Who is the Managing Director (MD) and Chief Executive Officer (CEO) of National Housing Bank (NHB)?