Banking And Financial Institutions - Study Mode
[#536] Demand draft for Rs. 20,000 and above:
Correct Answer
(B) should not be paid in cash
[#537] What is the expansion of the term SARFAESI Act?
Correct Answer
(D) Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest
[#538] Consider the following statements. Assertion (A): The future will see mostly the electronic money clearance through satellite networking. Reasoning (R): RBI is encouraging e-banking.
Correct Answer
(C) Both (A) and (R) are true and (R) is the correct explanation of (A)
[#539] Which of the following would be treated as 'worst money' according to Gresham's law?
Correct Answer
(B) Convertible paper money
[#540] The major shareholders in Asset Reconstruction Company of India Limited (ARCIL) other than SBI are:
Correct Answer
(D) IDBI & ICICI