Indian Banking Sector

IMPORTANT

Indian Banking Sector: Overview

This topic covers concepts, such as, Banking and Finance Terminologies, Major Banking Acts and Policies, Demat Account & Zero Coupon Bond etc.

Important Questions on Indian Banking Sector

MEDIUM
IMPORTANT

Under SARFAESI act, a large company is sanctioned credit facilities under consortium and the banks want to take action is ________.

EASY
IMPORTANT

The meaning of a scheduled bank is _______.

MEDIUM
IMPORTANT

What is the legal relationship of bank with customer in case of safe custody of articles, if a bank branch has accepted a packet containing share certificates from one of saving bank deposit account holders ?

HARD
IMPORTANT

Which of the following accounting issues may cause problems while implementing accounting software in Banks?

HARD
IMPORTANT

What do you mean by granting advances on current A/c by Financial institutions?

MEDIUM
IMPORTANT

In which one of the following years the NABARD was established in India as an Apex Financial Institution for Rural and Agricultural Development?

EASY
IMPORTANT

In the cost structure of a product, the selling price is determined by the factors such as:

HARD
IMPORTANT

Which Institution is planning for a local gateway in India for local gateway in India for Credit/Debit card to replace VISA?

HARD
IMPORTANT

A garnishee order is issued by:

EASY
IMPORTANT

A joint account is maintained by a bank in the names of Mr. Khursheed and Mr. Hameed and the operations in the account are as joint operations. they have also nominated Mr. Azad as a nominee in the account. On the death of Mr. Khursheed, his legal heirs approach the bank for payment, to whom the payment will be made?

MEDIUM
IMPORTANT

Which of the following period of time of the notice which is required to tend by a bank for occupation of a security charged to the bank under the provisions of Securitization and Reconstruction of monetary Assets of Enforcement of interest act 2002 ?

MEDIUM
IMPORTANT

Which of the following year the Industrial Finance Corporation of India was established ?

EASY
IMPORTANT

In braek-even analysis, total cost consists of:

MEDIUM
IMPORTANT

All of the following decisions fall within the scope of operations management except for

MEDIUM
IMPORTANT

Howmany days need for customer can make appeal against the Award of Ombudsman to the Appellate Authority ?

EASY
IMPORTANT

Work-study is concerned with:

MEDIUM
IMPORTANT

An exporter who is customer in nationalized Bank gets a letter of credit issued by bank in Dubai against export of electronics. The documents under this letter of credit are often negotiated with depository financial institution only as per an instruction printed in loss by the exporter. Such letter of credit is classified as:

EASY
IMPORTANT

Analyse the statement and choose from the following:

B had taken a loan against the FDR in his name and he then makes a request for nomination in favour of his son S and also wants to add the name of his daughter D as a joint holder.

EASY
IMPORTANT

The break-even point represents:

MEDIUM
IMPORTANT

Which of the following is guided the before passing an Award the Banking Ombudsman ?