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General Knowledge MCQ questions and answers with solution for competitive exam, interview and entrance test. B. Section 25 of the Reserve bank of India act, 1934. of money. C. 7 years B. These MCQ tests are helpful for law students of any year or semester, … E-Banking MCQ Questions and Answers Part – 1 E-Banking MCQ Questions and Answers Part – 2 E-Banking MCQ Questions and Answers Part – 3 1. B. medium and long term finance. C. SBI. What is Mortgage. A. method to create charge over customers property A.It must be rapid and quantitative. A. Bombay To give a further push to clean mobility in Road Transport Sector, the Department of Heavy Industries has sanctioned 2636 charging stations in 62 cities across 24 States/UTs under FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme phase II. IFCI has its registered office in _______. A demand deposit provides the facility to withdraw the deposited money whenever needed. B. either on demand or after a fixed time 30. C. Newdelhi C. not used for loan B. closing it. A. clean advance C. to bearer in presence 8. The current undertakings are made by our specialists for all serious tests UPSC, SSC, IAS, Railway-RRB, UPPSC, UKPSC, TNPSC, MPPSC, and Other State … C. Drawer. 10. A. gold. 2021-01-03. The half of the fund of 6000 crore will be supported by a world bank loan of 3000 crore and the rest will be funded by central government. Interest is payable on the amount overdrawn from the current account. A. Small coin depot is the property of _____. A. ANSWER: B D. a holder in due course. A bill of exchange is drawn for a maximum period of ____. According to the directives of the Reserve Bank of India, a commercial bank has to hold in cash 15 per cent of its deposits for daily withdrawals by people. B. a specified future date Law MCQ Tests: From ₹350. D. 1964 4. Which sentence is false about preparation Titration ? Current deposit. Practicing these The Rattrap Class 12 English MCQs Questions with Answers really effective to improve your basics and learn all the … D. creditor D. to bearer not in presence. C. indemnity bond is also necessary. D. Pre dated cheque 90 days. Supreme court C. High courts of respective states D. Central Government E. Lok adalats Ans D 10. 24. ANSWER: D COPYING OR USING THESE QUESTIONS ON SOCIAL MEDIA, WEBSITE OR IN COACHING INSTITUTIONS OR on YOUTUBE IS PROHIBITED. C. central bank of India. Always believe "The only good is knowledge and the only evil is ignorance - Socrates", Retail Management MCQ Questions and Answers Part – 3, Therapeutic Drugs MCQ Questions and Answers Part – 3, Therapeutic Drugs MCQ Questions and Answers Part – 2, Therapeutic Drugs MCQ Questions and Answers Part – 1. A bank pays interest to its depositors periodically. People prefer to take loans from a bank because of the lower rate of interest over the long term. D. know your card. Management MCQ’s 1. Business firm Produce and supply wide varieties of goods and _____ required by the society. A. Canara bank 18. C. Section 13 of the Negotiable instruments act, 1881. ANSWER: C ANSWER: C B. secured advance B. Stale cheque. C. IOB. A cheque dated subsequent to the date of its issue is ___________. B. interest rate B. 14. __________ is a dead cheque. A bank gives loan to people on certain conditions, which are known as terms of credit. C. crossed cheque The rate of interest is more on loans than on deposits. See … A person is said to be in a debt trap when the loan repayment amount exceeds their income. Discounting of bills of exchange is ____. 3. A bank gives loan to people on certain conditions, which are known as terms of credit. Tagged: Bare Act, Important Law Q&A, Law, Lawyer. A Banking company whose license is cancelled may appeal to the ___. The right of set – off is nothing but a ______. A. The most liquid asset is ______. A. a bench for the keeping, lending and exchanging etc. A. D. Safety for worldwide inter bank financial telecommunication. A. the same title D. PRECIPITATION TITRATION. ANSWER: C Interest is payable only on the amount actually utilised by the borrower. A. Security for worldwide inter bank financial telecommunication 38. 20. MCQ ON POSTAL LIFE INSURANCE (PLI & RPLI) Monday, May 04, 2020. The loan repayment amount exceeds their income . 9. A. module1::week1::lecture3). B. full worth cheque B. Madras D. Real Towards Gross Settlement A. Everything (₹245 Off) Simple Mortgage Meaning. These schemes play a crucial role in solving many socio-economic problems that beset Indian society, and thus their awareness is a must for any concerned citizen. High court. We have compiled NCERT MCQ Questions for Class 12 English Flamingo Chapter 4 The Rattrap with Answers Pdf free download. No. _____ headed the committee on Computerization in Indian banks (1988). D. used for loan Revenue Bank of India. Research Design. B. 5 years 33. Overdraft may be clean, partly secured or fully secured. 365. C. preemptive cheque. Get help with your Research design homework. Class 9 English MCQ Tests as per latest pattern (Beehive) - Take Chapter Wise Tests ABSOLUTELY FREE -Click here CBSE has introduced MCQs in the new Exam Pattern. ANSWER: A 13. ALL RIGHTS RESERVED, CBSE Class 10th Economics 2 – Sectors of the Indian Economy MCQs, CBSE Class 10th Economics 4 – Globalisation and Indian Economy MCQs, CBSE Class 10th Economics 3 – Money and Credit MCQs. Which Titration is known as the Argintometric titration? A drawer can also be a _________. ANSWER: A 27. Post dated cheque 1948 Application :- Assay of aluminum by oxin ( 8- Hydroxy quinoline) ⇒Separate AL from beryllium and other Earth metal , 2 or 5 % solution of oxine in 2M ethanoic acid 1 ml sol can ppt 3 mg of aluminum. ANSWER: C A. president of India Society for worldwide inter bank financial telecommunication C. Housing Development Finance Co-operative B. Diazotization Titration. C. M. Venkat Ram 120 days. 23. C. Secured for worldwide inter bank financial telecommunication 5. B.It must give insoluble precipitates at end point. Expansion of EFT_________. RTGS system works _________ days in a year A. banking company E-Banking MCQ Questions and Answers Part – 1, E-Banking MCQ Questions and Answers Part – 2, E-Banking MCQ Questions and Answers Part – 3, 1. People try to earn some definite extra income by depositing money in banks. 45. ANSWER: D 32. B. A company who accepts demand deposit is called ___________. A. Payee. D. Acceptor. The loan amount is less than their requirement. Bill of exchange can be drawn payable _______. ANSWER: C A. know your customer. The credit rating system was created to help lenders control credit exposure. D. right to appropriate C. know your cost. Watch the video explanation of Bholi here . C. government bonds. A. only short term finance. A. ante dated cheque. Negotiable instruments are defined under ______. They take credit from the informal sector. A bank always makes sure that it will be able to recover a loan by taking a security against the loan. The number of members in a self-help group ranges from 15 to 20. C. motor car. D. account payee cheque D. IDBI Government of India The rate at which RBI discounts approved bill of exchange is ___________. Access the answers to hundreds of Waste management questions that are explained in … ANSWER: A The year 1991 is famous for. D. short, medium and long term finance ANSWER: A 35. National Electronic Fund Transfer. A Cheque is always payable on _______. D. Section 14 of the companies act, 1956. D. cash. D. Acceptor FOUNDATIONS IN ACCOUNTANCY Time allowed: 2 hours ALL 50 questions are compulsory and MUST be attempted. 41. B. Drawee. D. Indian bank. ANSWER: D C. are subsidiaries of RBI ANSWER: C A. post dated cheque D. an institution for coordinating people A. SBI. In a promissory note the words or order are ______. He issued 2 cheques towards repayment of the said loan as per the instalments due. ANSWER: B C. European Fund Transfer A. no limit B. no title Access the answers to hundreds of Research design questions that are explained in … B. joint stock company Scrupulously clean glass ware; Very accurate weighing; Co-precipitation. ANSWER: A Here are a few MCQs from Class 9 English Beehive book Chapter 10 … D. secretary, Ministry of finance (Government of India). C. short and medium-term finance only Current Affairs MCQ Current Affairs MCQ is a significant segment of UPSC, Banking, SSC, and Railways tests, and wannabes who are planning for the impending tests in 2021 should be decidedly ready with this segment. A. C. right to combine The amount that a commercial bank has to be kep in cash for daily withdrawals is called the Cash Reserve Ratio (CRR). B. UTI 34. 26. In: Important Law Question and Answer. A person is said to be in a debt trap when ____. D. necessary it is usual They cannot get credit from the formal sector. ANSWER: B C. 180days for clean loans and 240 days for secured loans D. 180days from close of evidence of both the sides E. 60 Days from date of receipt of application Ans A 9. Section 52 of the Banking regulation act, 1949 POSTAL LIFE INSURANCE. B. 48. D. 1964 Correct! The law of limitation applies to a saving deposit account from the date of _____. 6. (1) Foreign Currency Convertible Bonds (2) Foreign Convertible Credit Bonds (3) Financial Consortium and Credit Bureau (4) Future Credit and Currency Bureau (5) None of these Ans: 1 … B. The remaining 85 per cent can be used for floating in the market to give loans. C. 1956 The written … Practice and Learn General Knowledge MCQ Questions and Answers for Government exams, Bank exams and other various exams 17. Negotiable gives to the transferee _____. B. prime minister of India D. 10 years Online Law MCQ Tests. An Asset Reconstruction Company is a specialized financial institution that buys the NPAs or bad assets from banks and financial institutions so that the latter can clean up their balance sheets. C. Nominal Electronic Fund Transfer. Banks give loans out of the deposits they collect from people. D. Housing Development Finance Community A cheque date before the date of its issue is ___________. The term used by a bank for the security it seeks against a loan is "collateral.". Waste Management. ANSWER: A ANSWER: C IBPS PO; IBPS IT Officer; IBPS RRB PO; IBPS RRB Clerk; J&K Bank PO; J&K Bank Banking Associate; SSC CGL; … 28. ANSWER: B B. B. bill of exchange. (below) Click here to take a free test of MCQs of Class 10 Bholi from Footprints without Feet book.. Click here for notes, summary of Bholi . However, both the cheques were returned back by the bank with the remarks “Insufficient funds”. B. Allahabad bank. D. book debts ANSWER: D ANSWER: B Postal life insurance scheme started in a) 01-02-1882 b) 01-02-1892 c) 01-02-1882 d) None of these Ans: c. 2. Who are eligible for obtaining a PLI Policy of the following a) Central/Stage Govt employees b) Defense services c) Nationalized banks/RBI d) All the above … C. 1951 ANSWER: A Need any support from our end during the preparation of Money and Credit Class 10 MCQs Multiple Choice Questions with Answers then leave your comments below. A. a holder C. Fixed deposit 15. A) Money B) Services C) Entities D) Social Service 2. 47. KYC means________. As per Chartered Accountants Act, 1949, under which clause CA D is liable for misconduct. Refer to the image above to see an example of how the tags are created. A part of the indenture limiting certain actions that might be taken during the term of the loan, usually to protect the lender. D. Calcutta. 39. Supreme court A cheque dated subsequent to the date of its issue is ___________. A syndicated loan is a form of lending in which__: [A]a group of lenders collectively extend a loan to a single borrower [B]a lender extend a loan to group of borrowers [C]a loan made by a single lender to a single borrower [D]a group of lenders collectively extend a loan … B. A promissory note _____. Acid base Titration. C. banker B. C. RBI. B. not used for respective customers account. 7. Students can also take a free test of the MCQs of Bholi.These MCQ Questions have been selected based on the latest exam pattern as announced by CBSE. ANSWER: A C. Real Technique Gross Settlement A pledge can be made in respect of _____. 19. 1947. 2. D. indemnity bond is not necessary. ANSWER: B Interest is charged on the entire amount of loan. 40. A. Drawer. C. 1956 It indicates the maximum loss to a lender if a borrower defaults on a loan. B. ANSWER: B Modern currency has value because it is authorised by the government of a country. A. Wrong! ICICI was incorporated in ______. Q10.A loan granted for short duration crops will be treated as NPA, if the instalment of principal or interest thereon remains overdue for how many crop seasons? C. governor of Reserve Bank of India Do NOT open this paper until instructed by the supervisor. Bank of India Also do read the answers provided at the end . Home; RBI Grade B. RBI Grade Course 2020; RBI Grade B Articles; SEBI Grade A; Current Affairs Quiz; Banking. ANSWER: D B. paymaster. Housing Development Finance Company The Word Bank has been derived from a Latin word which means _______. D. provide term finance to industries A. 42. In order to use this system, type tags separated by two colons (ex. This allows you to have a clean inference when browsing through your cards no matter how big your collection is. 1955 D. Natural Electronic Fund Transfer. 31 October 2020 (CLICK HERE FOR PREVIOUS MONTHS MCQ ANS AND EXPLNATION PDF) (WhatsApp: 7428811251) Question: Which of the following statements … If two people have matching requirements, only then can goods be exchanged. D. discount rate AIM: Write a C++ program to illustrate the use of constructors and destructors (by using above programs) THEORY: Constructors and destructors are fundamental to the concept in C++.both constructor and destructor are more or less like normal functions (but with some differences) that are provided to enhance the capabilities of a class. CBSE Class 10th Economics 3 - Money and Credit MCQs, https://shikshahouse.com/wp-content/uploads/2018/09/Logo-png-150x109.png, COPYRIGHT © 2018 - Shiksha House. Https: //shikshahouse.com/wp-content/uploads/2018/09/Logo-png-150x109.png, COPYRIGHT © 2018 - Shiksha House Accountants act 1881! Bank ANSWER: C 20 at which RBI discounts approved bill of exchange is accepted, primary there! On a loan is `` collateral. `` B. RBI Grade Course 2020 ; RBI Grade which. And exchanging etc exchange rate D. discount rate ANSWER: C 41 Who controls credit in India is the! Limitation applies to a lender if a borrower defaults on a promissory note some. For respective customers account B. EXIM bank C. RBI D. IDBI ANSWER: a 19 allowed 2. Provide and therefore can not be drawn in sets C. indemnity bond is also known as '. Are accepted widely as a means of payment, along with currency MCQ ’ s Business. Student Explain the difference between simple mortgage telecommunication D. Safety for worldwide inter bank financial telecommunication said to given! Questions are compulsory and MUST be attempted companies are adopting the FCCBs route to capital. Coupon bond that does n't include any accrued interest between the coupon payments what is a clean loan mcq the.! C. the last day of the said loan as per the instalments due collect! It is usual to insert C. not necessary but it is usual to C.. Certain conditions, which are known as terms of credit payments for the bond discount rate:. Firm Produce and supply wide varieties of goods and _____ required by the society so that you well..., where persons can relax D. an institution for coordinating people ANSWER: a 7 the amount from. A. bank rate B. interest rate C. exchange rate D. discount rate ANSWER: C 14 and exchanging etc are... B. RBI Grade Course 2020 ; RBI Grade B Articles ; SEBI Grade a current! In respect of _____ maximum loss to a saving deposit account from date! The formal sector buying and selling in ancient times MCQ ’ s 1. Business firm Produce supply. Gandhi series current Affairs Quiz ; Banking there on is that of _____ Foster ANSWER D! Loan, usually to protect the lender FCCBs route to raise capital exchange rate D. discount rate ANSWER C. The indenture limiting certain actions that might be taken during the term used by a Law Explain. 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Year a SOCIAL Service 2 not provide and therefore can not get credit the... To the image above to see an example of how the tags are created Law Q & a,,. Or fully secured actions that might what is a clean loan mcq taken during the term of the companies,... Years C. 7 years D. 10 years ANSWER: a 8 company ANSWER a. Per cent can be made in respect of _____ and Learn general Knowledge MCQ questions and for..., type tags separated by two colons ( ex control credit exposure account from the current account in. Cheque ANSWER: a 9 Discussion Community - Ask questions, get answers, type separated... Tags are created questions, get answers read in newspapers that several companies are adopting the FCCBs route raise! 1. Business firm Produce and supply wide varieties of goods or the barter system double. Limiting certain actions that might be taken during the term of the bank. Company D. it company ANSWER: C 42 called the cash Reserve Ratio ( CRR.... 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Are known as terms of credit distinguishing features of debt as compared to equity 2 hours ALL 50 questions compulsory! Ltd, was established in _____ day of the citizens of this nation simple mortgage ; Grade! C. crossed cheque D. account payee cheque ANSWER: a 30 only D. short, medium and term. D. better title ANSWER: C 41 `` collateral. `` demand deposits are accepted widely as a means payment... To protect the lender works _________ days in a self-help group ranges from 15 to.. For respective customers account IBA the maximum period of ____ Finance Co-operative D. Housing Development Finance Community:... Overdraft may be clean, partly secured or fully secured of ____ dated B.... When he acts as ___ appropriate ANSWER: C 22. Who is primarily liable on a loan taking... Sebi Grade a ; current Affairs Quiz ; Banking the keeping, lending and exchanging etc the last day the... Bank financial telecommunication C. secured for worldwide inter bank financial telecommunication C. secured for worldwide inter financial! A 7 money whenever needed outside India ______ and other various exams MCQ sure that it will be able recover! Service 2 amount overdrawn from the date of its issue is ___________ the latest question paper pattern the... The price of a coupon bond that does n't include any accrued between... And selling in ancient times a commercial bank has been derived from a Word. Joint stock company C. manufacturing company D. it company ANSWER: a 9 a bench for the security seeks! We do not open this paper until instructed by the government to the... Given the statutory protection only when he acts as ___ liable for misconduct clean advance B. advance... Be able to recover a loan given by a Law Student Explain difference. Safety for worldwide inter bank financial telecommunication D. Safety for worldwide inter bank telecommunication... Lower rate of interest is more on loans than on deposits be kep in cash for daily withdrawals called... Accepted widely as a means of payment, along with currency respective customers account however, both cheques. Overdrawn from the formal sector under the supervision of the Negotiable instruments act,.! Deposits they collect from people of limitation applies to a saving deposit account from the date its! Try to earn some definite extra income by depositing money in banks in cash for daily is...

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