Which of the following is/are provided by the platform of CERSAI? A. Registrations of transactions of securitisation B. Asset Reconstruction C. Security Interest D. All of the Above E. None of these

Which of the following is/are provided by the platform of CERSAI? A. Registrations of transactions of securitisation B. Asset Reconstruction C. Security Interest D. All of the Above E. None of these
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D. All of the Above Explanation: The Company is providing the platform for filing registrations of transactions of securitisation, asset reconstruction and security interest by the banks and financial institutions.
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What is the full form of CERSAI? A. Combined Registry of Securitisation Asset Reconstruction and Security Interest B. Central Registry of Securitisation Agency Reconstruction and Security Interest C. Combined Registry of Securitisation Agency Reconstruction and Security Interest D. Central Registry of Securitisation Asset Reconstruction and Security Interest E. None of these

Description : What is the full form of CERSAI? A. Combined Registry of Securitisation Asset Reconstruction and Security Interest B. Central Registry of Securitisation Agency Reconstruction and Security Interest C ... D. Central Registry of Securitisation Asset Reconstruction and Security Interest E. None of these

Last Answer : D. Central Registry of Securitisation Asset Reconstruction and Security Interest Explanation: Central Registry of Securitisation Asset Reconstruction and Security Interest (CERSAI) is a central online security ... in which people would take multiple loans on the same asset from different banks.

Which of the following defines the objectives of CERSAI? A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. B. Companies Act, 1956 C. Banking Regulation Act, 1949 D. Both (A) and (B) E. None of these

Description : Which of the following defines the objectives of CERSAI? A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. B. Companies Act, 1956 C. Banking Regulation Act, 1949 D. Both (A) and (B) E. None of these

Last Answer : A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Explanation: The object of the company is to maintain and operate a Registration System ... Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. (SARFAESI Act).

CERSAI was registered as a government-licensed company, under section 25 of _________ A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. B. Companies Act, 1956 C. Banking Regulation Act, 1949 D. Both (A) and (B) E. None of these

Description : CERSAI was registered as a government-licensed company, under section 25 of _________ A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. B. Companies Act, 1956 C. Banking Regulation Act, 1949 D. Both (A) and (B) E. None of these

Last Answer : B. Companies Act, 1956 Explanation: Central Registry of Securitisation Asset Reconstruction and Security Interest of India is a company licensed under section 25 of the Companies Act, 1956

According to _________, Any person can also search and inspect the records maintained by the Registry on payment of fees. A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. B. Companies Act, 1956 C. Both (A) and (B) D. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Central Registry) Rules, 2011 E. None of these

Description : According to _________, Any person can also search and inspect the records maintained by the Registry on payment of fees. A. Securitisation and Reconstruction of Financial Assets and Enforcement of ... Assets and Enforcement of Security Interest (Central Registry) Rules, 2011 E. None of these

Last Answer : D. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Central Registry) Rules, 2011 Explanation: Any person can also search and inspect the records maintained by the ... are planning to purchase, is free of any loan/security interest created by a lender.

Financial institutions must register details of security interests created by them with CERSAI within howmany days of its creation? A. 30 B. 60 C. 15 D. 90 E. None of these

Description : Financial institutions must register details of security interests created by them with CERSAI within howmany days of its creation? A. 30 B. 60 C. 15 D. 90 E. None of these

Last Answer : A. 30 Explanation: Financial institutions must register details of security interests created by them with CERSAI within 30 days of its creation.

Which of the following banks has teamed up with Apollo to set up asset reconstruction company (ARC)? A) SBI B) Punjab National Bank C) Axis Bank D) ICICI Bank E) Both A and D

Description : Which of the following banks has teamed up with Apollo to set up asset reconstruction company (ARC)? A) SBI B) Punjab National Bank C) Axis Bank D) ICICI Bank E) Both A and D

Last Answer : D) ICICI Bank Explanation: With the banking sector buffeted by bad loans, the country s largest private lender ICICI Bank teamed up with private equity major Apollo Global Management to launch an ... will acquire debt from lenders and also take equity stakes in borrowers, a bank statement read.

Which of the following is/are functions of CERSAI? A. check frauds in lending against equitable mortgages B. maintains a central registry of equitable mortgages C. Provides loan D. Both (A) and (B) E. None of these

Description : Which of the following is/are functions of CERSAI? A. check frauds in lending against equitable mortgages B. maintains a central registry of equitable mortgages C. Provides loan D. Both (A) and (B) E. None of these

Last Answer : D. Both (A) and (B) Explanation: CERSAI was primarily created to check frauds in lending against equitable mortgages, in which people would take multiple loans on the same asset from different ... and hypothecation as well as to start registration of all other types of mortgages used in India.

Which of the following is/are share holders of CERSAI? A. GOI B. RBI C. PSBs D. NHB E. (A), (C) and (D)

Description : Which of the following is/are share holders of CERSAI? A. GOI B. RBI C. PSBs D. NHB E. (A), (C) and (D)

Last Answer : E. (A), (C) and (D) Explanation: The Company is a Government Company with a shareholding of 51% by the Central Government and select Public Sector Banks and the National Housing Bank are also shareholders of the Company.

CERSAI incorporated with majority share holding of ________ A. Government of India B. National Housing Bank C. Public Sector Banks D. Both (B) and (C) E. (A), (C) and (B)

Description : CERSAI incorporated with majority share holding of ________ A. Government of India B. National Housing Bank C. Public Sector Banks D. Both (B) and (C) E. (A), (C) and (B)

Last Answer : A. Government of India Explanation: 51% of the equity is owned by the government, and the rest is owned equally by National Housing Bank and 10 other public sector banks.

The headquarters of CERSAI located in ________ A. Mumbai B. New Delhi C. Hyderabad D. Gurugram E. None of these

Description : The headquarters of CERSAI located in ________ A. Mumbai B. New Delhi C. Hyderabad D. Gurugram E. None of these

Last Answer : B. New Delhi Explanation: The headquarters of Central Registry of Securitisation Asset Reconstruction and Security Interest(CERSAI) located in New Delhi.

Which of the following is India‟s first Credit Information Company? A. CRISIL B. CIBIL C. SMERA D. CERSAI E. CARE

Description : Which of the following is India‟s first Credit Information Company? A. CRISIL B. CIBIL C. SMERA D. CERSAI E. CARE

Last Answer : B. CIBIL Explanation: TransUnion CIBIL Limited is India s first Credit Information Company, also commonly referred as a Credit Bureau. It collect and maintain records of individuals and ... (CIR) and Credit Score is developed, enabling lenders to evaluate and approve loan applications.

Is it permissible to name Hussain Rabbi ? What should I do now if it is not permissible to name Hussein Rabbi ? If I tell everyone to just call Hussein and use the full name "Hussein Rabbi" in writing , will there be any problem ?? ( Because some other registrations including test results and voter ID cards have been done under this name)

Description : Is it permissible to name Hussain Rabbi ? What should I do now if it is not permissible to name Hussein Rabbi ? If I tell everyone to just call Hussein and use the full name "Hussein ... ? ( Because some other registrations including test results and voter ID cards have been done under this name)

Last Answer : The name Hussain means handsome , handsome , polite , well behaved , pious and the name Rabbi means lord , master , owner. In this case, who told you that it is not permissible to name Hussain Rabbi ? No problem this name can be kept. A name has multiple meanings in Arabic. This name can be kept.

How is it possible that there would be two registrations?

Last Answer : Well, I just see it everywhere as the first and in two versions ... It's because of you, barbican .... I wouldn't make it myself .... I have to be twice !!! ... otherwise I won't be able to ... even though I did my ... places I have on HDD C: ... it's really critical .... !!!!!! ☠ ☠ ☣ ☠ ☣ ☠ ☣ ☠ ☢

A non performing Asset in Banking Business means ________ A. A fixed asset of Bank is not been utilized B. A portion of deposits not been utilized C. A loan asset on which interest and/or instalments remain unchanged. D. All of the Above E. None of the Above

Description : A non performing Asset in Banking Business means ________ A. A fixed asset of Bank is not been utilized B. A portion of deposits not been utilized C. A loan asset on which interest and/or instalments remain unchanged. D. All of the Above E. None of the Above

Last Answer : C. A loan asset on which interest and/or instalments remain unchanged. Explanation: A nonperforming asset (NPA) refers to a classification for loans on the books of financial institutions that are in ... is classified as nonperforming when loan payments have not been made for a period of 90 days.

Measurement and disclosure do not apply to which of the following? a) Leasing based transactions b) Net realizable values/Impairment of Assets c) Share based payments d) Price received to sell or buy an asset

Description : Measurement and disclosure do not apply to which of the following? a) Leasing based transactions b) Net realizable values/Impairment of Assets c) Share based payments d) Price received to sell or buy an asset

Last Answer : d) Price received to sell or buy an asset

A financial contract that derives its value from another asset or an index of asset values is known as __________ A. Insurance Policy B. Security C. Derivative D. Share E. None of the above

Description : A financial contract that derives its value from another asset or an index of asset values is known as __________ A. Insurance Policy B. Security C. Derivative D. Share E. None of the above

Last Answer : C. Derivative Explanation: In finance, a derivative is a contract that derives its value from the performance of an underlying entity.

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 enterprises The banks will collaborate in areas of mutual interest such as syndicated loan business, guarantee transactions, trade finance and export credit agency finance, infrastructure finance and networking services, among others.

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

Time period that is considered from the inception of the credit, investment or negotiable instrument and ends upon the maturity or expiry of the instrument is referred as ________ A. Amortisation Period B. Amortising Swap C. Asset Backed Security D. Attrition Analysis

Description : Time period that is considered from the inception of the credit, investment or negotiable instrument and ends upon the maturity or expiry of the instrument is referred as ________ A. Amortisation Period B. Amortising Swap C. Asset Backed Security D. Attrition Analysis

Last Answer : A. Amortisation Period Explanation: The amortisation period on a mortgage is the total length of time it will take you to pay off your mortgage.

The process of selling trade debts of a client to a financial intermediary is called______ a. Factoring b. Securitisation c. Materialisation

Description : The process of selling trade debts of a client to a financial intermediary is called______ a. Factoring b. Securitisation c. Materialisation

Last Answer : a. Factoring

A ____ is a namespace for organizing classes and interfaces in a logical manner. Placing your code into ______makes large software projects easier to manage. This section explains why this is useful and introduces you to the Application Programming Interface (API) provided by the Java Platform: a) Inheritance b) Object c) Package d) None of These

Description : A ____ is a namespace for organizing classes and interfaces in a logical manner. Placing your code into ______makes large software projects easier to manage. This section explains why this is useful and ... provided by the Java Platform: a) Inheritance b) Object c) Package d) None of These

Last Answer : c) Package

Disadvantages of e-Commerce in India are (i) internet access is not universally available (ii) Credit card payment security is not yet guaranteed (iii) Transactions are de-personalized and human contact is missing (iv) Cyberlaws are not in place a. i and ii b. ii and iii c. i, ii, iii d. i, ii, iii, iv

Description : Disadvantages of e-Commerce in India are  (i) internet access is not universally available  (ii) Credit card payment security is not yet guaranteed  (iii) Transactions are de-personalized and human contact is missing  (iv) Cyberlaws ... i and ii b. ii and iii c. i, ii, iii d. i, ii, iii, iv

Last Answer : c. i, ii, iii  

Depreciation need not be provided if the asset is not in use.

Description : Depreciation need not be provided if the asset is not in use.

Last Answer : State True or False with reason : Depreciation need not be provided if the asset is not in use.

A perpetual bond does not have a fixed _________. a) interest rate b) maturity period c) duration d) underlying asset

Description : A perpetual bond does not have a fixed _________. a) interest rate b) maturity period c) duration d) underlying asset

Last Answer : b) maturity period

When a fixed asset is bought as hire purchase, interest element is classified under ______ and loan element is classified under________. A. Operating activities, financing activities B. Financing activities, investing activities C. Investing activities, operating activities D. None of the above

Description : When a fixed asset is bought as hire purchase, interest element is classified under ______ and loan element is classified under________. A. Operating activities, financing activities B. ... activities, investing activities C. Investing activities, operating activities D. None of the above

Last Answer : B. Financing activities, investing activities

Assuming that you have all required authorizations, which functions can you access in SAP GUI for Java? A. Functions provided by SAP business One B. Functions provided by transactions in AS ABAP based SAP system C. Functions provided by SAP NetWeaver Developer Studio D. Functions provided by AS Java SAP systems

Description : Assuming that you have all required authorizations, which functions can you access in SAP GUI for Java? A. Functions provided by SAP business One B. Functions provided by transactions in AS ... C. Functions provided by SAP NetWeaver Developer Studio D. Functions provided by AS Java SAP systems

Last Answer : B. Functions provided by transactions in AS ABAP based SAP system

A long-term security yielding a fixed rate of interest, issued by a company is called ________ A. Shares B. Debentures C. Bonds D. Both (A) and (C) E. None of the Above

Description : A long-term security yielding a fixed rate of interest, issued by a company is called ________ A. Shares B. Debentures C. Bonds D. Both (A) and (C) E. None of the Above

Last Answer : B. Debentures Explanation: A debenture is a type of debt instrument that is not secured by physical assets or collateral. Instruments issued by companies are called debentures. The difference between the two is actually a function of where they are registered and pay stamp duty and how they trade.

Which of following is not Current Asset? A. Patent B. Bills receivable C. Cashable security D. Prepaid Expenses

Description : Which of following is not Current Asset? A. Patent B. Bills receivable C. Cashable security D. Prepaid Expenses

Last Answer : A. Patent

_________ is used for merchant transactions under the Payment Card Industry Data Security Standard. a) ClearPoint PCI b) ClearSoln c) Rackserve PCI d) All of the mentioned

Description : _________ is used for merchant transactions under the Payment Card Industry Data Security Standard. a) ClearPoint PCI b) ClearSoln c) Rackserve PCI d) All of the mentioned

Last Answer : ClearPoint PCI

Advantages of B2C commerce to customers are (i)wide variety of goods can be accessed and comparative prices can be found (ii) shopping can be done at any time (iii)privacy of transactions can be guaranteed (iv)security of transactions can be guaranteed a. i and ii b. ii and iii c. iii and iv d. i and iv

Description : Advantages of B2C commerce to customers are  (i)wide variety of goods can be accessed and comparative prices  can be found  (ii) shopping can be done at any time  (iii)privacy of transactions can be guaranteed  (iv) ... be guaranteed a. i and ii b. ii and iii c. iii and iv d. i and iv

Last Answer : a. i and ii  

The International Bank for Reconstruction and Development(IBRD) is an international financial institutions that offer loans to _____ A. Multinational Banks B. Multinational Financial Institutions C. Middle Income Developing Countries D. Non Government Organizations E. None of the Above

Description : The International Bank for Reconstruction and Development(IBRD) is an international financial institutions that offer loans to _____ A. Multinational Banks B. Multinational Financial Institutions C. Middle Income Developing Countries D. Non Government Organizations E. None of the Above

Last Answer : C. Middle Income Developing Countries Explanation: The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans to middle-income developing countries.

_______phase includes putting the pieces of a digital puzzle together and developing investigative hypotheses A. Preservation phase B. Survey phase C. Documentation phase D. Reconstruction phase E. Presentation phase

Description : _______phase includes putting the pieces of a digital puzzle together and developing investigative hypotheses A. Preservation phase B. Survey phase C. Documentation phase D. Reconstruction phase E. Presentation phase

Last Answer : D. Reconstruction phase

A provision in some loans that allows the borrower to change the interest rate from fixed to variable or Vice Versa is termed as __________ A. Convertible Bond B. Convertible Clause C. Convertible Security D. None of the Above

Description : A provision in some loans that allows the borrower to change the interest rate from fixed to variable or Vice Versa is termed as __________ A. Convertible Bond B. Convertible Clause C. Convertible Security D. None of the Above

Last Answer : B. Convertible Clause Explanation: A provision that can be found on some bonds allowing the bondholder to exchange their debt into common stock.

Pick up the correct statement from the following: (A) The breakwater which can be used as a platform for loading and unloading of cargo is called a mole (B) The brick masonry retaining wall which is used for loading and unloading of cargo is called quay wall (C) Three types of break waters are generally provided in harbours (D) All of the above

Description : Pick up the correct statement from the following: (A) The breakwater which can be used as a platform for loading and unloading of cargo is called a mole (B) The brick masonry retaining wall which is ... wall (C) Three types of break waters are generally provided in harbours (D) All of the above

Last Answer : (D) All of the above

Number of taps to be provided on ‘A’ category stations on each platform as per norms of minimum essential facilities are (a) 20 taps (b) 15 taps (c) 12 taps* (d) One taps for each bogie

Description : Number of taps to be provided on ‘A’ category stations on each platform as per norms of minimum essential facilities are (a) 20 taps (b) 15 taps (c) 12 taps* (d) One taps for each bogie

Last Answer : (c) 12 taps*

Which of the following is an apex institution in the field of Industrial Finance? A. Industrial Reconstruction Bank of India B. Industrial Finance Corporation of India C. Industrial Development Bank of India D. Industrial Credit & Investment Corporation of India

Description : Which of the following is an apex institution in the field of Industrial Finance? A. Industrial Reconstruction Bank of India B. Industrial Finance Corporation of India C. Industrial Development Bank of India D. Industrial Credit & Investment Corporation of India

Last Answer : C. Industrial Development Bank of India Explanation: IDBI is the apex financial institution and besides providing financial assistance on consortium basis, the major function of coordination between the ... , transport generation and distribution of power etc. both in private and public sectors.

Which of the following is not a member of the World Bank Group? A. International Development Association(IDA) B. International Bank for Reconstruction and Development(IBRD) C. International Finance Corporation(IFC) D. Bank of International Settlement(BIS)

Description : Which of the following is not a member of the World Bank Group? A. International Development Association(IDA) B. International Bank for Reconstruction and Development(IBRD) C. International Finance Corporation(IFC) D. Bank of International Settlement(BIS)

Last Answer : D. Bank of International Settlement(BIS) Explanation: The World Bank Group is made of the following five organizations: International Bank for Reconstruction and Development (IBRD), established in ... -fosters international monetary and financial cooperation and serves as a bank for central banks .

Which of the following statements about Google App Engine (GAE) is INCORRECT. A. It’s a Platform as a Service (PaaS) model. B. Automatic Scalability is built in with GAE. As a developer you don’t need to worry about application scalability C. You can decide on how many physical servers required for hosting your application. D. The applications deployed on GAE have the same security, privacy and data protection policies as that of Google’s applications. So, applications can take advantage of reliability, performance and security of Google’s infrastructure.

Description : Which of the following statements about Google App Engine (GAE) is INCORRECT. A. It's a Platform as a Service (PaaS) model. B. Automatic Scalability is built in with GAE. As ... s applications. So, applications can take advantage of reliability, performance and security of Google's infrastructure.

Last Answer : You can decide on how many physical servers required for hosting your application.

Which type of PaaS includes on-demand scaling and application security? A. Stand-alone development environments B. Application delivery-only environments C. Open platform as a service D. Add-on development facilities

Description : Which type of PaaS includes on-demand scaling and application security? A. Stand-alone development environments B. Application delivery-only environments C. Open platform as a service D. Add-on development facilities

Last Answer : Application delivery-only environments

Which of the following companies has set up two wholly owned subsidiaries in July 2016, one for its broker business and another for insurance business? A) EXIM Bank B) Religare Enterprises C) Muthoot Finance D) Sahara Asset Management Company E) None of these

Description : Which of the following companies has set up two wholly owned subsidiaries in July 2016, one for its broker business and another for insurance business? A) EXIM Bank B) Religare Enterprises C) Muthoot Finance D) Sahara Asset Management Company E) None of these

Last Answer : B) Religare Enterprises Explanation: Religare Enterprises has set up two wholly owned subsidiaries – Religare Broking Limited and Religare Insurance Ltd – as part of its restructuring plan.

In Bank‟s balance sheet, which of the following is an asset? A. Its paid up capital B. Its saved deposits C. Its instrument in government securities D. Its accumulated Reserve Funds E. Its Current Deposits

Description : In Bank‟s balance sheet, which of the following is an asset? A. Its paid up capital B. Its saved deposits C. Its instrument in government securities D. Its accumulated Reserve Funds E. Its Current Deposits

Last Answer : C. Its instrument in government securities Explanation: Bank assets comprises cash, money at short notice, bills and securities discounted, bank‘s investments in government securities, loans sanctioned by the bank.

The ratio of deposits to loans of a bank is known as _______ A. NPA coverage Ratio B. Return on asset ratio C. Asset Coverage ratio D. CD Ratio E. Other than those given as options

Description : The ratio of deposits to loans of a bank is known as _______ A. NPA coverage Ratio B. Return on asset ratio C. Asset Coverage ratio D. CD Ratio E. Other than those given as options

Last Answer : E. Other than those given as options Explanation: The loan to deposit ratio is used to calculate a lending institution‘s ability to cover withdrawals made by its customers.

Derivatives contract which gives the buyer/holder of the contract the right(but not the obligation) to buy/sell the underlying asset at a predetermined price within or at end of a specified period is known as A. Futures contract B. Option Contract C. Index Futures contract D. Mini Derivative contract E. None of the Above

Description : Derivatives contract which gives the buyer/holder of the contract the right(but not the obligation) to buy/sell the underlying asset at a predetermined price within or at end of a specified period is ... B. Option Contract C. Index Futures contract D. Mini Derivative contract E. None of the Above

Last Answer : B. Option Contract Explanation: Options Contract is a type of Derivatives Contract which gives the buyer/holder of the contract the right (but not the obligation) to buy/sell the underlying asset at a predetermined price within or at end of a specified period.

FATF stands for ________ A. Financial Action Task Force B. Financial Asset Task Force C. Financial Asset Trade Force D. Financial Action Trade Force E. None of the Above

Description : FATF stands for ________ A. Financial Action Task Force B. Financial Asset Task Force C. Financial Asset Trade Force D. Financial Action Trade Force E. None of the Above

Last Answer : A. Financial Action Task Force Explanation: The Financial Action Task Force (on Money Laundering) (FATF), also known by its French name, Groupe d action financière (GAFI), is an ... organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.

NBFCs whose asset size is of _____ or more as per last audited balance sheet are considered as systemically important NBFCs. A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. All of the Above E. None of the Above

Description : NBFCs whose asset size is of _____ or more as per last audited balance sheet are considered as systemically important NBFCs. A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. All of the Above E. None of the Above

Last Answer : C. Rs.500 Crore Explanation: NBFCs whose asset size is of Rs.500 Crore or more as per last audited balance sheet are considered as systemically important NBFCs.

NBFCs include ______ A. loan company B. investment company C. asset finance company D. All of the Above E. None of the Above

Description : NBFCs include ______ A. loan company B. investment company C. asset finance company D. All of the Above E. None of the Above

Last Answer : D. All of the Above Explanation: NBFCs include a loan company, an investment company, asset finance company (i.e. a company conducting the business of equipment leasing or hire purchase finance) and Residuary Non-Banking Companies.

The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Description : The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Last Answer : C. P2P lending Explanation: P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers.

The agency which is tasked with collecting analysing and disseminating information related to dubious financial transactions is ________ A. Financial Intelligence Unit(FIU) B. Financial Action Task Force(FATF) C. Central Economic Intelligence Bureau(CEIB) D. Central Intelligence Bureau(CIB) E. Financial Stability Board(FSB)

Description : The agency which is tasked with collecting analysing and disseminating information related to dubious financial transactions is ________ A. Financial Intelligence Unit(FIU) B. Financial Action Task Force( ... Bureau(CEIB) D. Central Intelligence Bureau(CIB) E. Financial Stability Board(FSB)

Last Answer : A. Financial Intelligence Unit(FIU) Explanation: The Financial Intelligence Unit (FIU), an agency tasked with collecting, analysing and disseminating information related to ... appropriate, disseminate valuable financial information to intelligence/enforcement agencies and regulatory authorities.

The record of all economic transactions between the residents of a country and the rest of the world in a particular period is known as _______ A. Balance in Current Account B. Balance in Capital Account C. Trade Settlements D. Balance of Trade E. Balance of Payments

Description : The record of all economic transactions between the residents of a country and the rest of the world in a particular period is known as _______ A. Balance in Current Account B. Balance in Capital Account C. Trade Settlements D. Balance of Trade E. Balance of Payments

Last Answer : E. Balance of Payments Explanation: The balance of payments (BOP) is the method countries use to monitor all international monetary transactions at a specific period of time.A record of all transactions made between one particular country and all other countries during a specific time period.

The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar authentication number. Aadhaar enabled basic types of banking do not include A. Balance Enquiry B. Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer

Description : The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar ... . Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer

Last Answer : C. Online Payment Explanation: Services Offered by AEPS: Balance Enquiry Cash Withdrawal Cash Deposit Aadhaar to Aadhaar Fund Transfer Gateway Authentication Services

In case of failed ATM transactions, if the amount is not credited to customer‟s account within 7 working days from the date of receipt of the complaint. Banks have to pay compensation at the rate of Rs.________ per day. A. 150 B. 200 C. 100 D. 10 E. 50

Description : In case of failed ATM transactions, if the amount is not credited to customer‟s account within 7 working days from the date of receipt of the complaint. Banks have to pay compensation at the rate of Rs.________ per day. A. 150 B. 200 C. 100 D. 10 E. 50

Last Answer : C. 100 Explanation: Reconciliation of failed transactions at ATMs – For any failure to re-credit the customer‘s account within 7 working days from the date of receipt of the complaint, the bank will pay compensation of Rs.100/-, per day, to the aggrieved customer.