Banking And Financial Institutions - Study Mode

Show All Answers

[#826] TDR offered as security for an advance is transferred to the bank by way of:

(A) Pledge

(B) Charge

(C) Assignment

(D) All of these

Correct Answer

(C) Assignment

[#827] The success of e-banking depends upon 1. Multi-layer Security System 2. Risk and Surveillance Management 3. Updated Flawless Softwares 4. Stringent Legal Frame work Select the correct answer:

(A) Both 1 and 2

(B) 1, 2 and 3

(C) 2, 3 and 4

(D) All of the above

Correct Answer

(B) 1, 2 and 3

[#828] Match the following items of List I with the items of List II and indicate the correct matching. List-I (Name of Bank) List-II (Year of Establishment) a. IFCI 1. 1981 b. SIDBI 2. 1982 c. NABARD 3. 1948 d. EXIM 4. 1990

(A) a-3, b-1, c-2, d-4

(B) a-4, b-2, c-3, d-1

(C) a-4, b-3, c-2, d-1

(D) a-3, b-4, c-2, d-1

Correct Answer

(D) a-3, b-4, c-2, d-1

[#829] Which of the following statements are true in context of Statutory Liquidity Ratio (SLR)? 1. They are regulated under Banking Regulation Act 1949. 2. It is mandatory for all scheduled commercial banks, local area banks, Primary (Urban) co-operative banks (UCBs), state co-operative banks and central co-operative banks in India to maintain the SLR. 3. Banks get a return on SLR.

(A) 1 and 3 are correct

(B) 2 and 3 are correct

(C) 1 and 2 are correct

(D) 1, 2 and 3 are correct

Correct Answer

(D) 1, 2 and 3 are correct

[#830] The Narasimham Committee (1991) on financial reforms proposed for establishment of a:

(A) three tier hierarchy of the banking structure

(B) unified control by the apex institutions

(C) two tier hierarchy of the banking structure

(D) four tier hierarchy of the banking structure

Correct Answer

(D) four tier hierarchy of the banking structure