1. ‘Smart Money’ is term used for?
A.Internet Banking
B.Cash with Public
C.Cash with Bank
D.Credit Card
2. The government has allowed issue of Long-Term Bonds for Insurance Companies and others upto?
A.10 years
B.15 years
C.25 years
D.30 years
3. In the case of advance against fixed deposit receipts issued by banks?
A.the deposit receipts are assigned to the bank
B.the deposit receipts are hypothecated to the bank
C.the deposit receipts are mortgaged to the bank
D.a lien is created in favour of the bank on the deposit receipts
4. Negative lien is?
A.a right of the bank to take possession of all the assets hypothecated to the bank in the case of default by the borrower
B.a special type of lien on the shares of public limited companies
C.a declaration of the borrower to the effect that his assets are free from encumbrance and that he shall not encumber or dispose them of without bank’s permission
D.none of the above
5. Discount on issue of shares is a?
A. revenue loss
B. capital loss
C. deferred revenue expenditure
D. revenue and capital loss both
6. Which of the following Committee recommended a separate Act, for Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act?
A.Rangarajan Committee
B.T.R. Andhyarajuna Committee
C.Narashimham Committee
D.Nayak Committee
7. The essential features of securitization are?
A.Acquisition of Financial Assets by a Securitisationor Reconstruction Company
B.The Assets may be NPA or standard
C.On sale the Assets go out of the Books of the Originator
D.All of the above
8. What are the Rights available to a secured creditor?
A.To sell the Assets
B.File application with DRT for recovery of full or remaining dues
C.To proceed against the guarantor
D.All of the above
9. The significance of index linked bonds is?
A.It provides protection against inflation rate rise
B.It is inbuilt in the process
C.Both A and B
D.None of the above
10. Why the corporates prefer to issue debt paper than to Bank credit?
A.The cost of debt paper is much lower
B.The procedure is easy
C.Both A and B
D.None of the above
Banking Awareness Quiz for Bank Exam: 30...
