HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

‘National Financial Switch’ has been setup to facilitate connectivity between the bank’s switches and their ATMs and inter bank payment gateway for authentication and routing the payment details of various e-commerce transactions. Which organization has setup this switch?

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Important Questions on Practice Set

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
In the world of commodity exchanges, the concept of “A standard contract to buy or sell a specified commodity at a certain date in future and at a market-driven price” is known as _____.
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Who amongst the following has asked banks to adopt 'Six Steps' approach to prevent diversion of funds by the companies?
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Preshipment packing credit advances are generally given by banks to_____.
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Which committee has been constituted by the Reserve Bank of India (RBI) to study the regulatory issues relating to financial technology and digital banking in India?
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
In cases where the loan is sanctioned by the bank against the borrower submitting the fake/forged documents and thus, playing fraud on the bank, such a loan is to be treated in the bank's books as a _____ asset, even when there is recovery in the account as per the repayment schedule approved by the bank at the time of sanctioning the loan.
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Credit cards are known as _____.
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
A loan granted for the short term crop will be treated as NPA, if the installment of principal or interest thereon or both remain overdue for _____ crop season(s).
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
What are the major functions undertaken by merchant bankers?