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You can give exam's on Computer as well as on Mobile phone's.
You can give exam's on Computer as well as on Mobile phone's.
(291) Risk arising from failure of computer system and loss of data is:
(1) \r\ncredit risk
(2) system risk
(3) liquidity risk
(4) operational risk
(5) computer risk
\r\n\r\n
(292) A mortgagor sells the property to the mortgagee under the condition that\r\nthe sale would become absolute on fulfillment of specific conditions:
(1) \r\nThis mortgage by conditional sale
(2) This is English mortgage
(3) This is a sale cum mortgage\r\ntransaction
(4) This is a sale with promise to\r\nbuy back
(5) 1 and 3
\r\n\r\n
(293) Who can deposit the title deed with the bank for creating an equitable\r\nmortgage:
(1) \r\nOwner
(2) His authorised agent
(3) a person directed by the court
(4) 1 and 2
(5) 1 to 3
\r\n\r\n
(294) Whether a trustee can appoint agent:
(1) \r\nAs a trustee, he cannot
(2) As individual person, he can
(3) Under all circumstances, he\r\ncannot
(4) 1 & 2 both
(5) 1 to 3
\r\n\r\n
(295) A returning non-resident Indian wants to open an account with you but\r\nwants to be sure about what can be repatriated by him in case of need.
(1) \r\nno repatriation allowed
(2) only interest can be repatriated\r\n
(3) only principal can be\r\nrepatriated
(4) principal and interest both can\r\nbe repatriated
(5) none of the above
\r\n\r\n
(296) Which of the following defines a foreign exchange forward contract better?
(1) \r\nexchange rate that is determined in future
(2) exchange rate that is determined\r\nin future but delivery is made now
(3) exchange rate that is determined\r\nnow but delivery of currency is made in future on a day fixed at the time of\r\nmaking the contract
(4) exchange rate and delivery, both\r\nare determined in future
(5) none of the above Correct\r\nAnswer: c I
\r\n\r\n
(297) Modem Bank had granted a term loan for purchase of a car to Mr. Ramesh\r\nChander which has become time barred debt last month. A letter written 8 months\r\nback, by Mr. Ramesh Chander to his friend Mr. Satish Kumar falls in the hands\r\nof the bank in which he had requested Mr. Satish Kumar to give him certain\r\nfunds as he has to repay the above stated loan of the bank.
(1) \r\nthe letter can be treated as acknowledgement of debt if particulars of\r\nthe loan match with those given in the letter which would extend the limitation\r\nperiod
(2) the letter can not be used\r\nforthe purpose of the limitation period as it is not stamped
(3) the letter can not be used for\r\nlimitation purpose as it is not addressed to the bank
(4) the letter can be used for\r\nlimitation period but it is not stamped adequately
(5) all the above
\r\n\r\n
(298) What is the maximum amount for the purpose of arbitration under Banking\r\nOmbudsman scheme 2002.
(1) \r\nRs. 2 lac
(2) Rs. 3 lac
(3) Rs. 5 lac
(4) Rs. 10 lac
(5) None of the above
\r\n\r\n
(299) In case of overdraft facility, where the account is showing credit balance\r\ntemporarily, what is the relationship of the bank and customer.
(1) \r\ncreditor and debtor
(2) debtor and creditor
(3) principle and agent
(4) trustee and beneficiary
(5) none of the above
\r\n\r\n
(300) Which section of the respective Act covers the SLR
(1) \r\nSection 24 (2A) of BR Act 1949
(2) Section 23 of BR Act 1949
(3) Section 27 of RBI Act
(4) Section 24(2) of RBI Act
(5) Section 14 of BR Act
\r\n\r\n
Answers : (291) 4 (292) 1 (293) 4 (294) 4 (295) 4 (296) 3 (297) 1 (298) 4 (299) 2 (300) 1
