(Note:-Answer are in Bold Letter Please Chek It !!)
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21) What are NEFT and RTGS about?
a. Cheque truncation process
b. Electronic fund transfer from bank to bank c. Electronic payment products within a bank d. Various deposit products | ||
22) When should an account be treated as "out of order"?
a. If the outstanding balance is less than the sanctioned limit/drawing power and no credits continuously for 90 days
b. If the outstanding balance is less than the sanctioned limit/drawing power and no credits continuously for 60 days c. If the outstanding balance is less than the sanctioned limit/drawing power and no credits continuously for 30 days d. If the outstanding balance is less than the sanctioned limit/drawing power and no credits continuously for one year | ||
23) Which organization provides credit history of the borrowers?
a. CIBIL
b. CII c. FRBI d. IRDA | ||
24) Which among the following made the initial contribution for setting up Financial Inclusion Fund and Financial Inclusion Technology Fund?
a. Government of India, NABARD and RBI
b. NABARD, UTI and RBI c. SIDBI, Government of India and IDBI Bank d. SIDBI, NABARD and UTI | ||
25) What is the percentage rate reflecting the total amount of interest paid on a deposit account called?
a. APR
b. APY c. WPI d. None of these | ||
26) Which of the following gives consumers the right to see their credit records and correct mistakes?
a. FACTA
b. FCRA c. FDCPA d. FOIA | ||
27) Which of the following is the ratio of the loan principal to the appraised value?
a. Combined Loan To Value: (CLTV) ratio
b. Loan-to-Value Ratio c. Mortgage Loan d. Statutory Liquidity Ratio | ||
28) Which is the policy that offers multiple coverage combinations for both buildings and contents?
a. PRP
b. REPO c. UNDP d. WPI | ||
29) Which one of the following is a set of statutes enacted to provide consistency among the States' commercial laws?
a. AIRSCS
b. ARC c. NSC d. UCC | ||
30) Which scheme announced in the Budget 2015-16 is aimed to provide life insurance cover of Rs. 2 lakh in case of death for any reason?
a. Pradhan Mantri Jeevan Beema Yojana
b. Pradhan Mantri Suraksha Bima Yojana c. Pradhan Mantri Jeevan Jyoti Bima Yojana d. Atal Beema Yojana | ||
31) Name the scheme that will replace the existing Swavalamban Scheme with effect from 1st June’2015?
a. National Pension Scheme
b. Atal Pension Yojana c. Pradhan Mantri Vradha Pension Scheme d. None of these |
