Banking And Financial Institutions - Practice Test

(A) Interest on loan remains overdue for a period of 90 days

(B) Interest on loan taken for a long-duration agricultural crop remains unpaid for one crop season

(C) Interest on loan taken for a short duration agricultural crop remains unpaid for two crop seasons

(D) Interest on loan taken to purchase personal asset remains overdue for 60 days

(D) Interest on loan taken to purchase personal asset remains overdue for 60 days

(A) Issue of Bank notes

(B) Custodian of Cash Reserves of Commercial Banks

(C) Accepting deposits and advancing loans to public

(D) Controller of credit

(C) Accepting deposits and advancing loans to public

(A) Only 2

(B) Only 1 and 2

(C) All 1, 2 and 3

(D) Only 1

(A) Only 2

(A) RBI

(B) Chamber of Commerce

(C) District Industries Centre

(D) None of these

(C) District Industries Centre

(A) advance against goods

(B) hypothecation of goods

(C) bailment of goods as security for payment of a debt or performance of a promise

(D) open limits

(C) bailment of goods as security for payment of a debt or performance of a promise

Banking And Financial Institutions - Study Mode