According Negotiable Instruments Act, what is a Promissory Note?
1.A document written and Signed by the payer/maker
2.Containing an unconditional undertaking
3.To pay a certain sum of money only to a specific person or the bearer
4.All of the above
Posted Date:-2021-02-21 13:47:30
After how many crop seasons, an unpaid short duration Farm loan will be termed as NPA?
1.1 crop season
2.2 crops seasons
3. 2 years
4.4 crop seasons
Posted Date:-2021-02-21 13:47:30
Core investment company is a type of which of the following?
1.IT company
2.Insurance company
3.Bank
4.NBFC
Posted Date:-2021-02-21 13:47:30
Credit Card is an essential component of which of the following?
1.Electronic Commerce
2. Internet Commerce
3.Both 1 and 2
4.None of The Above
Posted Date:-2021-02-21 13:47:30
Financial inclusion means which of the following?
1.retail banking
2.bringing all poor people under banking net
3.financial statements
4. wholesale banking
Posted Date:-2021-02-21 13:47:30
How much per cent of the total assets of the company should be deployed in the infrastructure loans?
1.75%
2.60%
3.80%
4. 50%
Posted Date:-2021-02-21 13:47:30
Infrastructure debt funds are sponsored by which of the following?
1.SEBI
2.NBFCs
3.Cooperative society
4.SBI
Posted Date:-2021-02-21 13:47:30
Infrastructure loan is extended by which of the following?
1.NBFC
2. RBI
3.SEBI
4.NABARD
Posted Date:-2021-02-21 13:47:30
Investment of CIC in the equity shares in group companies constitutes not less than how much percent of its net assets?
1.60%
2.70%
3.50%
4.80%
Posted Date:-2021-02-21 13:47:30
What do we call the facility given to a current account holder of withdrawal of more amount than his deposit?
1.Overdraft
2.EMI
3.Sweep-in Facility
4.Recurring Deposit
Posted Date:-2021-02-21 13:47:30
Lead bank scheme was initiated by which of the following?
1. KP Group
2.Gadgil Study Group
3.Ghosh committee
4. Bhagwati committee
Posted Date:-2021-02-21 13:47:30
Maximum maturity days of holding commercial paper are
1.170 days
2.270 days
3.120 days
4.5 days
Posted Date:-2021-02-21 13:47:30
MSME is defined under which act?
1.MSMED Act, 2006
2.MSME Act, 2001
3.MSMED Act, 1999
4.MSME Act, 2004
Posted Date:-2021-02-21 13:47:30
NBFCs are required to accept public deposit for a maximum period of how many months?
1.36 months
2. 60 months
3.48 months
4.48 months
Posted Date:-2021-02-21 13:47:30
Pension plan in which benefits of pension is paid in by both parties involved, such as employers and employees is classified as which of the following?
1.non-discretionary plan
2.discretionary plan
3.contributory plan
4.non-contributory plan
Posted Date:-2021-02-21 13:47:30
RBI has launched new restructuring tool ‘S4A’ to raise banks’ moral hazard risk. S4A stands for which of the following?
1.Scheme for Systematic Structuring of Stressed Assets
2.Scheme for Sustainable Structuring of Scholastic Assets
3.Scheme for Sustainable Structuring of Stressed Assets
4.Scheme for Sustainable Strength of Stressed Assets
Posted Date:-2021-02-21 13:47:30
SIMEX share price index relates to the stock exchange of which of the following ?
1.London
2.Tokyo
3.Mumbai
4.Singapore
Posted Date:-2021-02-21 13:47:30
SIMEX share price index relates to the stock exchange of which of the following ?
1.London
2.Tokyo
3.Mumbai
4.Singapore
Posted Date:-2021-02-21 13:47:30
The 0 in IFSC Code is placed in which of the following positiona of the 11 digit IFSC code?
1. 3rd
2.7th
3.6th
4.5th
Posted Date:-2021-02-21 13:47:30
The Banking Ombudsman charge how much fee for filing and resolving customers’ complaints?
1.No Fee
2. Rs. 100
3.Rs. 200
4.Rs. 500
Posted Date:-2021-02-21 13:47:30
The term Negotiable Instruments is associated with which of the following?
1.A written document that transfers the value in it from one person to other
2.A written document entitled on an individual by delivery or endorsement
3.A written document, entitled on a person to receive money
4.All of the above
Posted Date:-2021-02-21 13:47:30
Under NBFC– Peer to Peer Lending Platform Directions, 2017 by RBI, what is the aggregate loan limit of a single borrower at any point of time, across all P2Ps?
1.Rs 25 lakh
2.Rs 15 lakh
3. Rs 20 lakh
4.Rs 10 lakh
Posted Date:-2021-02-21 13:47:30
What do we call an unconditional order to pay a certain amount on an agreed date?
1. Promissory note
2. Bill of exchange
3.Money order
4.None of the above
Posted Date:-2021-02-21 13:47:30
What is the full form of FINO?
1.Financial Investment Network and Operations
2.Farmers’ Investment Network and Operations
3.Farmers’ Inclusion Network and Operations
4.Financial Inclusion Network and Operations
Posted Date:-2021-02-21 13:47:30
What is the most common type of time deposit?
1.Salary account
2.Current Account
3.FD
4. Loan
Posted Date:-2021-02-21 13:47:30
What is the primary aim of enacting the SARFAESI Act?
1.Recovering Loans
2.Increasing Deposits
3.Transparent appointment of Directors
4. Reducing Corruptions and Scams
Posted Date:-2021-02-21 13:47:30
When was Self Help Group introduced in India?
1.1996
2. 2000
3.1980
4.1992
Posted Date:-2021-02-21 13:47:30
Which of the following accounts is intended to manage the income earned in India from sources like pension, dividend, rent, etc?
1.NRO account
2.NRE account
3.NRI account
4.None of the above
Posted Date:-2021-02-21 13:47:30
Which of the following actions is performed by debenture trustee in case of delayed payment?
1.Update the calendar specifying the date of such payment
2.Cancel the payment
3.Register a complaint
4. None of the above
Posted Date:-2021-02-21 13:47:30
Which of the following are loans of very small amounts given to low income groups or poor household?
1.Simple credit
2.Rural credit
3.Micro credit
4.No Frills Loan
Posted Date:-2021-02-21 13:47:30
Which of the following are money markets instruments?
1.A 14-day repurchase agreement of Treasury 8% 2007
2.A treasury bill with 7 days to maturity
3.A 3-month certificate of deposit
4.All of the above
Posted Date:-2021-02-21 13:47:30
Which of the following does not give a difference between a hire purchase and a normal purchase?
1.Timing of payment for asset
2. Total cost of asset
3.Quality of asset purchased
4. Legal ownership of asset
Posted Date:-2021-02-21 13:47:30
Which of the following efforts fall under Financial inclusion plan of RBI/Government?
1.Nationalization of banks
2.Public Sector Lending targets
3.Zero Balance accounts
4. All of the above
Posted Date:-2021-02-21 13:47:30
Which of the following has a fixed time and pays higher interest than a SB Acccount?
1. Savings Bank Account
2.Fixed Deposit Account
3. Recurring Account
4.Current Account
Posted Date:-2021-02-21 13:47:30
Which of the following is an example of derivative securities?
1.return backed security
2.cash flow backed security
3. interest backed security
4.mortgage backed security
Posted Date:-2021-02-21 13:47:30
Which of the following is best described as selling a synthetic asset and simultaneously buying the actual asset?
1.Arbitrage
2.Diversifying
3.Speculating
4.Hedging
Posted Date:-2021-02-21 13:47:30
Which of the following is not necessarily involved in an IPO process?
1.Register of companies
2.Underwriter
3. Investment bank
4. Registar of Issues
Posted Date:-2021-02-21 13:47:30
Which of the following is not the Negotiable Instrument?
1.Currency Note
2.Promissory Note
3.Bill of Exchange
4.Cheques Answer
Posted Date:-2021-02-21 13:47:30
Which of the following is not true about Bharat Interface for Money (BHIM) app?
1.BHIM framework allows its usage without internet also
2.Money can also be sent to non-UPI supported banks using IFSC code and account number.
3. BHIM allows daily transaction limit of Rs 20,000.
4.Through BHIM app, a maximum of Rs 5,000 is allowed per transaction.
Posted Date:-2021-02-21 13:47:30
Which of the following markets are open to specific investors who buy securities directly from the issuing company?
1.Tertiary markets
2.Primary markets
3. Secondary markets
4.None of the above
Posted Date:-2021-02-21 13:47:30
Which of the following products provide an opportunity to build up saving through regular monthly deposits of fixed sum over a period of time?
1.Fixed Deposit Account
2.Savings Bank Account
3.Recurring Deposit Account
4.Current Account
Posted Date:-2021-02-21 13:47:30
Which of the following statements is/are correct?
1.NBFCs does not hold a banking license.
2.NBFC can issue Demand Drafts like banks.
3.Both 1 and 2 are correct
4.Neither of them are correct
Posted Date:-2021-02-21 13:47:30
Which of the following was the reason to establish Liberalised Remittance Scheme?
1.to permit citizens of India to transfer funds abroad for permitted current or capital account transactions
2. to permit foreigners to transfer funds abroad for permitted current or capital account transactions
3.to permit NRI to transfer funds to India for permitted current or capital account transactions
4.None of the above
Posted Date:-2021-02-21 13:47:30
Which of the following would ‘tighten’ the liquidity situation of banks?
1.Increased sales of government securities to individuals or institutions who pay for them from their bank
2.Regulations requiring the banks to maintain positive end-of-day balances with the Bank of England
3.Both 1 and 2
4.Lower levels of taxation and reductions in tax receipts to the Treasury
Posted Date:-2021-02-21 13:47:30
Which type of remittances are received from abroad?
1.Blockchain Remittance
2. Inward Foreign Remittance
3.Outward Foreign Remittance
4.None of the above
Posted Date:-2021-02-21 13:47:30
Who among the following finalised Lead Bank scheme?
1.Government of India
2.IRDA
3.RBI
4.None of the above
Posted Date:-2021-02-21 13:47:30
Who among the following serves as the holder of debenture stock for the benefit of another party?
1.Company’s trustee
2.Debenture trustee
3.Bond trustee
4.SEBI
Posted Date:-2021-02-21 13:47:30