February 07, 2018

Banking Awareness for SBI, RBI, IBPS Exams Set 21

Banking Awareness for SBI, RBI, IBPS Exams Set

Banking Awareness for SBI, RBI, IBPS Exams
1. What is asset reconstruction company also known as?
2. What helps to unlock the value of non performing assets in banks through securitisation and reconstruction of financial assets and enforcement of security interest Act 2002?
3. Who regulates asset reconstruction company as a non banking financial company?
4. What is the minimum Capital requirement of asset reconstruction company?
5. With which organisation is India's newest schedule commercial lender IDFC bank is proposed to merge?
6. Where is the headquarters of national housing Bank located?
7. Within how many days does the holder is required to issue notice to the drawer in case of dishonour of cheques on financial Grounds under section 138 of Negotiable Instruments Act?
8. What is the minimum balance that can be saved in PPF account in a financial year?
9. What does  high Service coverage ratio dscr indicates?
10. How many times nomination in deposit accounts can be changed?
11. What is it called when large number of investors of a country transferring their investments elsewhere due to disturbed economic conditions?
12. For obtaining a bankers draft form from a Banker customer need not require?
13. What is the floor limit of CRR?
14. What is the cost of project for loans under manufacturing sector under Prime Minister Employment generation programme?
15. What is the cost of project for loans under service sector under Prime Minister Employment generation programme?


Answers



  1. Securitisation company
  2. Asset reconstruction company
  3. Reserve Bank of India
  4. Hundred crores
  5. Capital first
  6. New Delhi
  7. 30 days
  8. Rupees 150000
  9. Able to meet payment of installments comfortably
  10. There is no restriction
  11. Flight of capital
  12. Bank account
  13. No limit
  14. Rupees 25 lacs
  15. Rupees 10 lacs

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