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1. Scheduled banks are listed on which schedule of the Reserve Bank of India Act 1934?
A. First
B. Second
C. Third
D. None of these

2. Maximum note printable by RBI are
A. Rs.5000
B. Rs.1000
C. Rs.10000
D. Rs.50000

3. CRR must maintain on daily basis at what percent of NDTL?
A. 10%
B. 5%
C. 8%
D. 4%

4. In respect of bills purchased or discounted if the bill remain overdue for more than 90
days then it is called ___________
A. NPA
B. NPL
C. NPM
D. OPA

5. Loans in which initially the rate of interest is low as years go on they will increase the
rate are known as ________
A. Appliance Loan
B. Corporate Loan
C. Teaser Loan
D. None of these

6. These are assets which cannot be seen, touch are measured physical.
A. Intangible Assets
B. Fictitious Assets
C. Tangible Assets
D. Goodwill

7. What is the maximum and minimum limit of NEFT?
A. Rs.2 lakh
B. Rs.10000
C. Rs.2000
D. No limit

8. If fnancial assets are more than 50% of its total assets then that company is treated
as _______
A. NBFI
B. NBFC
C. Payment Banks
D. Bank

9. Which act applies to all loans up to Rs.1 lakh and above?
A. SARFAESI Act
B. BIFR
C. DRT
D. SICA

10. This money is borrowed or lent for period between 2 days and 14 days.
A. None
B. Term Money
C. Call money
D. Notice Money

ANSWER:-
1)B. Second
2)C. Rs.10000
3)D.4%
4)A. NPA
5)C. Teaser Loan
6)A. Intangible Assets
7)D. No limit
8)B. NBFC
9)A. SARFAESI Act
10)D. Notice Money

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