Description : Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by ________ recommended the formation of a new category of bank called payments bank. A. NR Madhawan Menon B. Bimal Jalan C. Nachiket Mor D. Y.H. Melagam E. None of the Above
Last Answer : C. Nachiket Mor Explanation: Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by Nachiket Mor recommended the formation of a new category of bank called payments bank.
Description : Minimum paid-up capital of small finance banks is _______ A. 100 crore B. 200 Crore C. 500 crore D. 1000 crore E. None of the Above
Last Answer : A. 100 crore Explanation: Minimum paid-up capital of small finance banks is Rs.100 crore.
Description : Reserve Bank of India gave provisional licences to _______ entities to launch small finance banks. A. 10 B. 11 C. 12 D. 13 E. None of the Above
Last Answer : A. 10 Explanation: Reserve Bank of India gave provisional licences to 10 entities out of 72 applicants to launch small finance banks. The selected applicants are: Au Financiers (Jaipur), ... Micro Finance (Navi Mumbai), Ujjivan Financial Services (Bengaluru) and Utkarsh Micro Finance (Varanasi).
Description : Which of the following is an investment advisory discipline? A. Corporate Industrial Finance B. Offshare Banking C. Wholesale Banking D. Wealth Management E. Trade Finance
Last Answer : D. Wealth Management Explanation: Wealth management as an investment-advisory discipline incorporates financial planning, investment portfolio management and a number of aggregated financial services ... retail banking, estate planning, legal resources, tax professionals and investment management.
Description : Which of the following statements are correct about the National Advisory Council (NAC) ? 1. The National Advisory Council is a statutory body. 2. It is headed by the Prime Minister of India. 3. It facilitates constant interaction with the ... 1, 2 and 3 (B) 2, 3 and 4 (C) 1, 3 and 4 (D) 3 and 4
Last Answer : Answer: D
Description : A cell of emf E and internal resistance r is connected in series with an external resistance nr. Than what will be the ratio of the terminal potential
Last Answer : A cell of emf E and internal resistance r is connected in series with an external resistance nr. Than what will be the ... /(n + 1)` D. `(n + 1)/n`
Description : The “in-principle” approval for setting up „small finance banks‟ granted by RBI will be valid for ______ A. 12 Months B. 24 Months C. 10 Months D. 18 Months E. None of the Above.
Last Answer : D. 18 Months Explanation: The ―in-principle‖ approval granted will be valid for 18 months to enable the applicants to comply with the requirements under the Guidelines and fulfil other conditions as may be stipulated by the RBI.
Description : Which of the following can be provided by small finance banks A. Mutual Funds B. Insurance Products C. Third Party financial products D. All of the Above E. None of the Above
Last Answer : D. All of the Above Explanation: Small finance banks can distribute mutual funds, insurance products and other simple third-party financial products.
Description : ______ percentage of Foreign share holding will be allowed in small finance banks as per the rules for FDI in private banks in India A. 64% B. 74% C. 61% D. 50% E. None of the Above
Last Answer : B. 74% Explanation: Foreign share holding will be allowed in these banks as per the rules for FDI in private banks in India. Foreign shareholding capped at 74% of paid capital.
Description : The small finance banks will be licensed under ______ of the Banking Regulation Act, 1949. A. Section 21 B. Section 22 C. Section 23 D. Section 24 E. None of the Above
Last Answer : B. Section 22 Explanation: The small finance banks will be licensed under Section 22 of the Banking Regulation Act, 1949.
Description : According to RBI Regulations, which of the following are allowed to set up small finance banks? A. NBFC B. MFI C. LAB D. All of the Above E. None of the Above
Last Answer : D. All of the Above Explanation: The firms must have a capital of Rs.100 crore.Existing non-banking financial companies (NBFC), micro-finance institutions (MFI) and local area banks (LAB) are allowed to set up small finance banks.
Description : Which of the following service(s) is/are available in small finance banks? A. Providing loans B. Acceptance of deposits C. Setting up of Subsidiaries D. Both (A) and (B) E. None of the Above
Last Answer : D. Both (A) and (B) Explanation: Banks with a small finance bank license can provide basic banking service of acceptance of deposits and lending.
Description : Small finance banks are a type of ______ banks in our country. A. niche B. investment C. industrial D. All of the Above E. None of the Above
Last Answer : A. niche Explanation: Small finance banks are a type of niche banks in India.Niche Bank is a specialised bank which deals only with certain types of customers or services.
Description : Which of the following terms, according to Lazarus, refers to the process through which an event is evaluated with respect to what is at stake and what might and can be done? a) ... and challenge. d) Adaptation Lazarus believed adaptation was affected by emotion that subsumed stress and coping.
Last Answer : a) Cognitive appraisal The outcome of cognitive appraisal is identification of the situation as either stressful or non-stressful.
Description : If Apple Computers measured and evaluated the quality of its goods, services, and processes as compared with those of the best -performing companies in the computer industry, it would be employing A)uniform commitment to quality marketing. B)external marketing. C)quality marketing. D)benchmarking.
Last Answer : D)benchmarking.
Last Answer : Maulana Abdul Hamid Khan Bhasani was the Chairman of the All-Party Advisory Committee of the Government of Bangladesh during the War of Liberation.
Description : A Panchayat Samiti at the block level in India is only a/an - (1) Advisory Body (2) Consultative Committee (3) Coordinating and Supervisory Authority (4) Administrative Authority
Last Answer : (3) Coordinating and Supervisory Authority Explanation: A Panchayat Samiti at, the block level in India is only a Coordinating and Supervisory Authority.
Description : A Panchayat Samiti at the block level is (1) An advisory body (2) An administrative authority (3) A consultant committee (4) A supervisory authority
Last Answer : (4) A supervisory authority Explanation: The principal function of the Panchayat Samiti is to co-ordinate the activities of the various Panchayats within its jurisdiction. The Panchayat Samiti supervises the work of the Panchayats and scrutinises their budgets.
Description : A CPA is in public accounting practice when he/she a. Holds, or is appointed to, in an accounting professional group in government or in a government-owned and/or controlled ... advisory services, accounting aspect of finance, business law, taxation, and other technically related subjects
Last Answer : Represents his/her clients before government agencies on tax and other matters related to accounting
Description : Child with high fever and after 2 day develop sorethorate on examination there is congested thorat and pharynx and white to yellowish papule on erthymatus base in mouth and lip what is most likly DX Coxsacki virus Herps simplix virus
Last Answer : Herps simplix virus
Description : Which of the following institutions do not hold a banking license? A. Small Banks B. Foreign Banks C. Commercial Banks D. NBFCs
Last Answer : D. NBFCs Explanation: Non-banking financial companies, or NBFCs, are financial institutions that provide banking services, but do not hold a banking license. These institutions are not allowed to take deposits from the public.
Description : Who finalises the value and volume of the notes to be printed every year? A. Independently by Ministry of Finance B. Independently by Ministry of Government of India C. Committee of Bank Heads D. With Mutual Consultation of the GOI and Bank Heads E. With Mutual Consultation of the RBI and GOI
Last Answer : E. With Mutual Consultation of the RBI and GOI Explanation: The Reserve Bank based on the demand requirement indicates the volume and value of banknotes to be printed each year to the ... the demand for banknotes, GDP growth, replacement of soiled banknotes, reserve stock requirements, etc.
Description : For expanding access to banking services, the RBI has advised banks to open branches with minimum infrastructure support of 8 to 10BC units at a reasonable 3-4km. Such branches are known as _______ A. White Label ATMs B. Ultra Small Branches C. Banking Kiosks D. CBS Terminals E. ICT Hubs
Last Answer : B. Ultra Small Branches Explanation: Ultra Small Branches may be set up between the base branch and BC locations so as to provide support to about 8-10 BC Units at a reasonable distance ... for operating large customer transaction and would have to be managed full time by bank officers/ employees.
Description : If any question arises as to the age of a judge of a High Court, the question shall be decided by - (1) Chief Justice of India (2) President of India (3) Collegiums of judges headed by the Chief Justice of India (4) Three judges committee constituted by the Vice President of India
Last Answer : (1) Chief Justice of India Explanation: Any question arising as to the age of a judge of a High court, the question shall be decided by chief justice of India.
Description : )The government set up a committee headed by the Chairman, Central Board of Direct Taxes some time back to go into - (1) codification of tax laws (2) the entire structure of tax ... generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system
Last Answer : (4) aspects of generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system Explanation: The Central Board of Direct Taxes (CBDT) ... steps to prevent generation of illicit funds through transactions in property, bullion and equity market.
Description : The government set up a committee headed by the Chairman, Central Board of Direct Taxes some time back to go into - (1) codification of tax laws (2) the entire structure of tax ... generation of black money, its transfer abroad and bringing back such money into India's legitimate financial system
Last Answer : aspects of generation of black money, its transfer abroad and bringing back such money into India’s legitimate financial system
Description : Jayant Sinha, minister of state for finance reported how many willful defaulters owing Rs 66,190 crore to state-owned banks as of December 2015? A) 6719 B) 7128 C) 5275 D) 7686 E) None of these
Last Answer : D) 7686 Explanation: Sinha also said that the total outstanding amount in top 100 non-performing accounts (NPAs) with public sector banks (PSBs) was Rs 1.73 lakh crore as of December 2015. Willful ... December 2015 while the amount involved more than doubled to Rs 66,190 crore from Rs 27,749 crore.
Description : B) CaixaBank Explanation: As per the agreement, they will expand banks guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures and Indian local ... finance and export credit agency finance, infrastructure finance and networking services, among others.
Last Answer : Recently an Indian bank launched next generation features on its app „iMobile‟ which will enable customers to instantly pay taxes and book railway tickets within the app. Name the bank. A) Federal Bank B) Punjab National Bank C) Kotak Mahindra Bank D) ICICI Bank E) Bandhan Bank
Description : What is the story of ' Mor Thengari ' movie ?
Last Answer : A Chakma boy named Kamal used to work in the city , but lost his job there and became almost destitute. His only resource was this bicycle. Although Kamal's son is happy to have his father back , ... ride the bike. The thugs demand money from him. He refused to pay. Then they broke the bicycle.
Description : In a two-digit number, the sum of the digit is 5 more than the units digit. The difference between the original number and the sum of digits is 10 mor
Last Answer : In a two-digit number, the sum of the digit is 5 more than the units digit. The ... the digits. Then find the difference between the digits.
Description : If an unknown has hardness between 5 and 9 what could you do to the mineral to find out mor about its hardness?
Last Answer : Need answer
Description : Name a substance which is used as mor- dant?
Last Answer : Alum
Description : Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of _______ A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. Rs.300 Crore E. None of the Above
Last Answer : D. Rs.300 Crore Explanation: Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of Rs.300 Crore.
Description : Securities Appellate Tribunal is a/an __________ established under the provisions of Section 15K of the Securities and Exchange Board of India Act, 1992 A. Constitutional body B. Advisory body C. non-statutory body D. Statutory body E. None of the Above
Last Answer : D. Statutory body Explanation: Securities Appellate Tribunal is a statutory body established under the provisions of Section 15K of the Securities and Exchange Board of India Act, 1992 to hear and dispose of appeals against orders passed by the Securities and Exchange Board of India.
Description : SEBI is a/an ________ A. Constitutional body B. Advisory body C. non-statutory body D. Statutory body E. None of the Above
Last Answer : D. Statutory body Explanation: Initially SEBI was a non statutory body without any statutory power. However, in 1995, the SEBI was given additional statutory power by the Government of India through an amendment to the Securities and Exchange Board of India Act, 1992.
Description : NBFC performs great role for finance in _______ a. Wholesale sector b. Big Scale industries c. Small scale and Retail sector
Last Answer : c. Small scale and Retail sector
Description : Why did Chandu Menon decide to write a novel in Malayalam instead of translating the English novel? -SST 10th
Last Answer : Chandu Menon tries to translate an English novel Henrielta Temple written by Benjamin Disraeli into Malayalam. But he quickly realised that readers in Kerala will not understand how the characters in ... of English Novels . This was his delightful first novel called Indulekha, published in 1889.
Description : What reasons led to the writing of ‘Indulekha’ by Chandu Menon. -SST 10th
Last Answer : (i) Indulekha' was concerned with the marriage practices of upper caste Hindus in Kerala, especially the Nambuthiri Brahmins and the Nayars. (ii) Nambuthiris were also major landlords in ... Menon clearly wanted his readers to appreciate the new values and criticise the ignorance and immorality.
Description : The author of the book ‘Chequered Brillance: The Many Lives of V K Krishna Menon’ ? -General Knowledge
Last Answer : Jairam Ramesh
Description : 124 Which Indian personality served as the President of the UN General Assembly in 1953-54? A. S. Radha Krishan B. Gopalswamy Ayyengar C. V.K Krishna Menon D. Vijayalakshmi Pundit
Last Answer : ANSWER: D
Description : Which Indian personality served as the President of the UN General Assembly in 1953-54? A. S. Radha Krishan B. Gopalswamy Ayyengar C. V.K Krishna Menon D. Vijayalakshmi Pundit
Description : The structure of the registry which will enable quick sharing of information about unstructured borrowers and help banks fight bad loans. The registry is called _______ A. CIBIL B. Fraudelent Borrowers List C. RBI wilful Defaulter List D. Central Fraud Registry E. None of the Above
Last Answer : D. Central Fraud Registry Explanation: The Reserve Bank of India has operationalised a Central Fraud Registry (CFR). The registry will make available more information to banks at the time of starting a ... of an account. The CFR is a centralised searchable database which can be accessed by banks.
Description : _______ refers to the system in which two are more banks are brought under common control by a device other than the holding company? A. Chain Banking B. Group Banking C. Mixed Banking D. Branch Banking E. None of the Above
Last Answer : A. Chain Banking Explanation: Chain Banking refers to the system in which two are more banks are brought under common control by a device other than the holding company.
Description : RBI can inspect the branches of Banks under _______ of the Banking Regulation Act, 1949 A. Section 35 B. Section 25 C. Section 15 D. Section 30 E. None of the Above
Last Answer : A. Section 35 Explanation: RBI can inspect the branches of Banks under section 35 of the Banking Regulation Act, 1949
Description : Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets under _______ of the Banking Regulation Act, 1949 A. Section 35A B. Section 25A C. Section 15A D. Section 30A E. None of the Above
Last Answer : A. Section 35A Explanation: The Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets. It has issued a directive to banks under Section 35A of the Banking Regulation Act, 1949.
Description : Reserve Bank of India gave “in-principle” licences to _______ entities to launch payments banks. A. 10 B. 11 C. 12 D. 13 E. None of the Above
Last Answer : B. 11 Explanation: Reserve Bank of India gave -in-principle licences to 11 entities to launch payments banks. They are:- Aditya Birla Nuvo Airtel M Commerce Services Cholamandalam ... Reliance Industries Dilip Shanghvi, Sun Pharmaceuticals Vijay Shekhar Sharma, Paytm Tech Mahindra Vodafone M-Pesa.