If a party is aggrieved by the order of Registrar or Recovery officer, the party can approach Presiding Officer of DRT within:

50% studentsanswered this correctly

Important Questions on Loan Policy and Loan Documentation

MEDIUM

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 77

Which among the following is not correct with regard to the size of loan account under the jurisdiction of DRT:

MEDIUM

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 78

Universal Bank decides to prefer an appeal against the decision of Debt Recovery Tribunal. During what time period this appeal could be filed with DRAT.

MEDIUM

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 79

The decision on an appeal against DRT is to be given by DRAT within _____.

MEDIUM

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 80

With a view to reducing the divergence arising out of the difference in the assessment of the value of the security, the stock audit (stock valuation by qualified independent agencies):

MEDIUM

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 81

Banks can publish photographs of all loan defaulters including willful loan defaulters. (True / False)

MEDIUM

Bihar Cooperative Bank Assistant Mains

IMPORTANT

Hand Book Of Banking Information>Chapter 2 - Loan Policy and Loan Documentation>TEST YOUR SELF>Q 82

CDR set up has been created under the provisions of SARFAESI Act. (True / false)

MEDIUM

Bihar Cooperative Bank Assistant Mains