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

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
by

1 Answer

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 defaulters of PSBs rose from 5,554 to 7,686 in three years to December 2015 while the amount involved more than doubled to Rs 66,190 crore from Rs 27,749 crore.
by
selected

Related questions

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

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.

Which of the following has decided to block LPG subsidy and PAN of the tax defaulters? A) RBI B) SBI C) Income Tax Department D) Govt. of India E) Finance Ministry

Description : Which of the following has decided to block LPG subsidy and PAN of the tax defaulters? A) RBI B) SBI C) Income Tax Department D) Govt. of India E) Finance Ministry

Last Answer : C) Income Tax Department Explanation: Income Tax Department is set to block Permanent Account Number (PAN) of wilful defaulters and their LPG subsidy and take measures to ensure that they are not sanctioned loans.

The Minimum Net Owned Fund for NBFC-MFIs registered in the North Eastern Region of the country is _________ A. Rs.5 crore B. Rs.4 crore C. Rs.3 crore D. Rs.2 crore E. None of the Above

Description : The Minimum Net Owned Fund for NBFC-MFIs registered in the North Eastern Region of the country is _________ A. Rs.5 crore B. Rs.4 crore C. Rs.3 crore D. Rs.2 crore E. None of the Above

Last Answer : Rs.2 crore Explanation: Minimum Net Owned Fund for NBFC-MFIs registered in the North Eastern Region of the country is Rs. 2 crore.

An NBFC-MFI is defined as a non-deposit taking NBFC (other than a company licensed under Section 25 of the Indian Companies Act, 1956) with Minimum Net Owned Funds of ________ A. Rs.5 crore B. Rs.4 crore C. Rs.3 crore D. Rs.2 crore E. None of the Above

Description : An NBFC-MFI is defined as a non-deposit taking NBFC (other than a company licensed under Section 25 of the Indian Companies Act, 1956) with Minimum Net Owned Funds of ________ A. Rs.5 crore B. Rs.4 crore C. Rs.3 crore D. Rs.2 crore E. None of the Above

Last Answer : A. Rs.5 crore Explanation: Non Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) licensed under Section 25 of the Indian Companies Act, 1956) with Minimum Net Owned Funds of Rs.5 crore.

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

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.

What is the annual future earnings of the AZ Ltd. using ‘Capitalization of Earning Method’? a) Rs.150 crore b) Rs.180 crore c) Rs.200 crore d) Rs.190 crore

Description : What is the annual future earnings of the AZ Ltd. using ‘Capitalization of Earning Method’? a) Rs.150 crore b) Rs.180 crore c) Rs.200 crore d) Rs.190 crore

Last Answer : c) Rs.200 crore

Who among the following was the first `Minister of Finance' in independent India? (1) R K. Shanmukham Chetty (2) Liaquat All Khan (3) John Mathai (4) Satya Narayan Sinha

Description : Who among the following was the first `Minister of Finance' in independent India? (1) R K. Shanmukham Chetty (2) Liaquat All Khan (3) John Mathai (4) Satya Narayan Sinha

Last Answer : (1) R K. Shanmukham Chetty Explanation: The first finance minister of independent India was R. K. Shanmukham Chetty, who served as the finance minister in Jawaharlal Nehru's Cabinet between 1947-49. ... . Earlier, he had served as President of India's Central Legislative Assembly from 1933 to 1935.

Which of the following international organization is going to invest Rs 60 crore in Aadhar Housing Finance? A) International Monetary Fund B) International Finance Corporation C) Asian Development Bank D) World Bank E) European Investment Bank

Description : Which of the following international organization is going to invest Rs 60 crore in Aadhar Housing Finance? A) International Monetary Fund B) International Finance Corporation C) Asian Development Bank D) World Bank E) European Investment Bank

Last Answer : B) International Finance Corporation Explanation: The World Bank s private sector funding arm International Finance Corporation (IFC) and Wadhawan Global Capital Pvt Ltd are going to raise their ... between them to help the housing loan provider to lower income families double its business.

In July, the UK government‟s development finance unit, CDC announced to infuse Rs 1,000 crore into its Finance unit in India to boost people‟s access to affordable housing. This finance unit is A) SKS Microfinance Ltd B) India Infoline Finance C) IDF Financial Services Pvt Ltd D) YVU Financial Services Pvt Ltd E) None of these

Description : In July, the UK government s development finance unit, CDC announced to infuse Rs 1,000 crore into its Finance unit in India to boost people s access to affordable housing. This finance unit is A) ... Finance C) IDF Financial Services Pvt Ltd D) YVU Financial Services Pvt Ltd E) None of these

Last Answer : B) India Infoline Finance Explanation: Diversified financial services company IIFL Holdings announced that UK governmentowned CDC Group will invest about Rs 1,000 crore in its unit India Infoline ... needs of under-served segments through diversified offerings, IIFL Holdings said in a release.

How much amount is going to be disbursed by banks under Pradhan Mantri Mudra Yojana in FY‟17? A) Rs 2.80 lakh crore B) Rs 1.50 lakh crore C) Rs 1.80 lakh crore D) Rs 1.30 lakh crore E) Rs 1.20 lakh crore

Description : How much amount is going to be disbursed by banks under Pradhan Mantri Mudra Yojana in FY‟17? A) Rs 2.80 lakh crore B) Rs 1.50 lakh crore C) Rs 1.80 lakh crore D) Rs 1.30 lakh crore E) Rs 1.20 lakh crore

Last Answer : C) Rs 1.80 lakh crore Explanation: Having met the target last year, banks are expected to disburse Rs 1.80 lakh crore loans under the Pradhan Mantri Mudra Yojana (PMMY) in the current fiscal, ... Sinha said today. Last year, 3.5 crore beneficiaries availed Rs 1.22 lakh crore loans under PMMY.

RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms? A) Syndicate Bank B) United Bank of India C) Indian Overseas Bank D) UCO Bank E) Vijaya Bank

Description : RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms? A) Syndicate Bank B) United Bank of India C) Indian Overseas Bank D) UCO Bank E) Vijaya Bank

Last Answer : D) UCO Bank Explanation: Reserve Bank of India has told state-run Uco Bank to pay Rs 1 crore penalty for flouting bill discounting norms which allowed current account holders siphon out funds.

RBI has imposed how much fine on 13 banks for violation of FEMA and lapses in know your client (KYC) rules? A) Rs 24 crore B) Rs 25 crore C) Rs 27 crore D) Rs 28 crore E) Rs 29 crore

Description : RBI has imposed how much fine on 13 banks for violation of FEMA and lapses in know your client (KYC) rules? A) Rs 24 crore B) Rs 25 crore C) Rs 27 crore D) Rs 28 crore E) Rs 29 crore

Last Answer : C) Rs 27 crore Explanation: The Reserve Bank of India has come down hard on 13 banks and fined them for Rs 27 crore for violation of FEMA and lapses in know your client (KYC) rules.

The willful removal of a page of an order book or guidance book a) Will be regarded as a services offence and render the official liable for dismissal. b) Will be reported to the Divisional Head who will order the recovery of cost of the book concerned c) Recovery of the cost of the book will be ordered by head of the office himself d) None of these

Description : The willful removal of a page of an order book or guidance book a) Will be regarded as a services offence and render the official liable for dismissal. b) Will be reported to the Divisional Head who will ... of the cost of the book will be ordered by head of the office himself d) None of these

Last Answer : a) Will be regarded as a services offence and render the official liable for

The willful removal of a page of an order book or guidance book a) Will be regarded as a services offence and render the official liable for dismissal. b) Will be reported to the Divisional Head who will order the recovery of cost of the book concerned c) Recovery of the cost of the book will be ordered by head of the office himself d) None of these

Description : The willful removal of a page of an order book or guidance book a) Will be regarded as a services offence and render the official liable for dismissal. b) Will be reported to the Divisional Head who will ... of the cost of the book will be ordered by head of the office himself d) None of these

Last Answer : a) Will be regarded as a services offence and render the official liable for dismissal.

If total income of company B in 2008 was Rs.140 crore, what was the total expenditure of that company in the same year? (approx) a) Rs.100.66 cr. b) Rs.110.33 cr. c) Rs.98.22 cr. d) Rs.94.90 cr. e) Rs.96.55 cr.

Description : If total income of company B in 2008 was Rs.140 crore, what was the total expenditure of that company in the same year? (approx) a) Rs.100.66 cr. b) Rs.110.33 cr. c) Rs.98.22 cr. d) Rs.94.90 cr. e) Rs.96.55 cr.

Last Answer : e) Rs.96.55 cr.

What is the amount allocated for constructing the 18th railway zone of Andhra Pradesh? A. 205 crore B. 200 crore C. 195 crore D. 190 crore

Description : What is the amount allocated for constructing the 18th railway zone of Andhra Pradesh? A. 205 crore B. 200 crore C. 195 crore D. 190 crore

Last Answer : A [205 crore] Explanation: New railway zone named as southern coast railway has been announced for Andhra Pradesh which would be headquartered in Thiruvananthapuram. It will be the 18th zone comprising Guntakal, Guntur and Vijayawada divisions and is to be built at the cost of 205 crores.

A relief package of Rs _______ was announced by Prime Minister of Pakistan for small farmers in 2015-16. A. 330 billion B. 300 billion C. 270 billion D. 341 billion

Description : A relief package of Rs _______ was announced by Prime Minister of Pakistan for small farmers in 2015-16. A. 330 billion B. 300 billion C. 270 billion D. 341 billion

Last Answer : ANSWER: D

Payments bank of the postal department will have how much corpus at the beginning? A) Rs 900 crore B) Rs 600 crore C) Rs 1000 crore D) Rs 800 crore E) Rs 700 crore

Description : Payments bank of the postal department will have how much corpus at the beginning? A) Rs 900 crore B) Rs 600 crore C) Rs 1000 crore D) Rs 800 crore E) Rs 700 crore

Last Answer : D) Rs 800 crore Explanation: The payments bank of eth department will be functional by March 2017. It is one of the 11 applicants which got in principle approval to set up payments bank in the country.

HDFC Ergo general insurance company has agreed to buy which of the following company‟s general insurance business for Rs 551 crore? A) L&T B) Tata C) ICICI Lombard D) Bajaj Allianz E) IFFCO-Tokio

Description : HDFC Ergo general insurance company has agreed to buy which of the following company‟s general insurance business for Rs 551 crore? A) L&T B) Tata C) ICICI Lombard D) Bajaj Allianz E) IFFCO-Tokio

Last Answer : A) L&T Explanation: HDFC has agreed to pay around 1.1 times the gross premium of L&T General Insurance Company This will help HDFC Ergo improve its ranking in the sector from fourth largest to third largest in the private sector insurance segment.

Reserve Bank announced the cap under Market Stabilisation Scheme (MSS) which has been fixed at Rs 30,000 crore for the current fiscal. MSS was launched in the year A) 2001 B) 2006 C) 2005 D) 2004 E) None of these

Description : Reserve Bank announced the cap under Market Stabilisation Scheme (MSS) which has been fixed at Rs 30,000 crore for the current fiscal. MSS was launched in the year A) 2001 B) 2006 C) 2005 D) 2004 E) None of these

Last Answer : D) 2004 Explanation: The scheme was launched in 2004.Under this scheme securities are issued with the objective of providing the RBI with a stock of securities with which it can intervene in the market for managing liquidity. These securities are issued not to meet the government‘s expenditure.

What is the initial minimum paid-up equity capital required for new on-tap license to set up private bank as announced by RBI? A) Rs 5 crore B) Rs 100 crore C) Rs 500 crore D) Rs 50 crore E) Rs 200 crore

Description : What is the initial minimum paid-up equity capital required for new on-tap license to set up private bank as announced by RBI? A) Rs 5 crore B) Rs 100 crore C) Rs 500 crore D) Rs 50 crore E) Rs 200 crore

Last Answer : C) Rs 500 crore Explanation: The Reserve Bank of India released norms for on-tap permits for private sector banks and said the validity of the in-principle approval issued by the RBI will be 18 months from the date of granting in-principle approval.

The Reserve Bank of India imposed how much penalty on Bank of Baroda in the alleged Rs 6000 crore forex related irregularities that came to light in October last year? A) Rs 5 crore B) Rs 7 crore C) Rs 5.5 crore D) Rs 6.2 crore E) Rs 6 crore

Description : The Reserve Bank of India imposed how much penalty on Bank of Baroda in the alleged Rs 6000 crore forex related irregularities that came to light in October last year? A) Rs 5 crore B) Rs 7 crore C) Rs 5.5 crore D) Rs 6.2 crore E) Rs 6 crore

Last Answer : A) Rs 5 crore Explanation: The RBI carried out an inspection after Rs 6,100 crore import remittances were effected by Bank of Baroda‘s Ashok Vihar branch in New Delhi.

RBI has eased norms in cheque dishonour cases of Rs ______ and above. A) 50 lakh B) 1 crore C) 1 lakh D) 10 crore E) 5 crore

Description : RBI has eased norms in cheque dishonour cases of Rs ______ and above. A) 50 lakh B) 1 crore C) 1 lakh D) 10 crore E) 5 crore

Last Answer : B) 1 crore Explanation: Relaxing chequebook norms, the Reserve Bank today left it to the lender s discretion on whether to issue fresh chequebooks or not in cases of dishonour of Rs 1 crore and ... valuing Rs 1 crore and above on four occasions during a financial year for want of sufficient funds.

The Reserve Bank of India will transfer how much surplus to the government for FY‟16 as dividend? A) Rs 68876 crore B) Rs 65885 crore C) Rs 75876 crore D) Rs 65876 crore E) Rs 65776 crore

Description : The Reserve Bank of India will transfer how much surplus to the government for FY‟16 as dividend? A) Rs 68876 crore B) Rs 65885 crore C) Rs 75876 crore D) Rs 65876 crore E) Rs 65776 crore

Last Answer : D) Rs 65876 crore Explanation: The Reserve Bank of India will Rs 65876 crore as surplus transfer to the government for FY 16, Rs 20 crore less that previous year s Rs 65896 crore, a central ... surplus approved by the Reserve Bank of India board could be used to fund the centre s fiscal deficit .

The seed capital of Bharatiya Mahila Bank is ________ A. Rs.5000 crore B. Rs.1000 crore C. Rs.500 crore D. Rs.100 crore E. None of the above

Description : The seed capital of Bharatiya Mahila Bank is ________ A. Rs.5000 crore B. Rs.1000 crore C. Rs.500 crore D. Rs.100 crore E. None of the above

Last Answer : B. Rs.1000 crore Explanation: Bharatiya Mahila Bank (BMB) is an Indian financial services banking company based in New Delhi, India. India is the third country in the world to have a bank especially for women, after Pakistan and Tanzania.The Bank‘s initial capital consists of Rs 1,000 crores.

According to RBI guidelines the term „bulk deposit‟ is used for single rupee term deposit of ________ A. Rs. 1 crore and above B. Rs, 25 lakh and above C. Rs, 75 lakh and above D. Rs, 50 lakh and above E. Rs, 15 lakh and above

Description : According to RBI guidelines the term „bulk deposit‟ is used for single rupee term deposit of ________ A. Rs. 1 crore and above B. Rs, 25 lakh and above C. Rs, 75 lakh and above D. Rs, 50 lakh and above E. Rs, 15 lakh and above

Last Answer : A. Rs. 1 crore and above Explanation: Bulk Deposit means single Rupee term deposits of 1 Crore and above.

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.

Which of the following banks has reported its point of sales terminal (PoS) network as largest in the country? A) HDFC B) Punjab National Bank C) SBI D) ICICI E) Axis Bank

Description : Which of the following banks has reported its point of sales terminal (PoS) network as largest in the country? A) HDFC B) Punjab National Bank C) SBI D) ICICI E) Axis Bank

Last Answer : C) SBI Explanation: SBI‘s point of sales terminal network has become the largest in the country after it took over its private sector rivals. It plans to add 1 lakh PoS terminals in current fiscal ending March 2017.

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.

Authorised capital of National Payments Corporation of India (NPCI) is _________ and paid up capital is _______ A. Rs 300 crore and Rs 100 crore B. Rs 350 crore and Rs 50 crore C. Rs 200 crore and Rs 100 crore D. Rs 100 crore and Rs 50 crore

Description : Authorised capital of National Payments Corporation of India (NPCI) is _________ and paid up capital is _______ A. Rs 300 crore and Rs 100 crore B. Rs 350 crore and Rs 50 crore C. Rs 200 crore and Rs 100 crore D. Rs 100 crore and Rs 50 crore

Last Answer : A. Rs 300 crore and Rs 100 crore Explanation: National Payments Corporation of India (NPCI) was incorporated in December 2008 and the Certificate of Commencement of Business was issued in ... dimension and operate on high volume resulting payment services at fraction of the present cost structure.

Micro Units Development Refinance Agency (MUDRA) has a corpus of _______, and credit guarantee corpus of ________ A. Rs 25,000 crore and Rs.3,000 crore B. Rs 20,000 crore and Rs.4,000 crore C. Rs 15,000 crore and Rs.4,000 crore D. Rs 20,000 crore and Rs.3,000 crore

Description : Micro Units Development Refinance Agency (MUDRA) has a corpus of _______, and credit guarantee corpus of ________ A. Rs 25,000 crore and Rs.3,000 crore B. Rs 20,000 crore and Rs.4,000 crore C. Rs 15,000 crore and Rs.4,000 crore D. Rs 20,000 crore and Rs.3,000 crore

Last Answer : D. Rs 20,000 crore and Rs.3,000 crore Explanation: The bank will have an initial corpus of Rs 20,000 crore and a credit guarantee fund of and Rs.3,000 crore. The bank will initially ... as a non-banking financial company and a subsidiary of the Small Industries Development Bank of India (SIDBI).

The Regional Rural Banks were owned by _________ A. Central Government B. State Government C. Sponsor Banks D. All of the Above

Description : The Regional Rural Banks were owned by _________ A. Central Government B. State Government C. Sponsor Banks D. All of the Above

Last Answer : D. All of the Above Explanation: The Regional Rural Banks were owned by the Central Government, the State Government and the Sponsor Bank. Central Government-50% State Government- 15% Sponsor Banks- 35%.

Quantization with one word memory is also called ______. A. Uniform quantizer B. non uniform quantizer C. Jayant Quantizer D. Midrise Quantizer

Description : Quantization with one word memory is also called ______. A. Uniform quantizer B. non uniform quantizer C. Jayant Quantizer D. Midrise Quantizer

Last Answer : C. Jayant Quantizer

Jurisdiction of National commission is a) Complaint where the value of the goods or services and compensation, if any claimed does not exceeds Rs 5 crore b) Complaint where the value of the goods or services and compensation, if any claimed up to 1 crore c) Appeals against the orders of any state commission d) Complaint where the value of the goods or services and compensation, if any claimed exceeds Rs 1 crore e) C& D only

Description : Jurisdiction of National commission is a) Complaint where the value of the goods or services and compensation, if any claimed does not exceeds Rs 5 crore b) Complaint where the value of the goods or ... the goods or services and compensation, if any claimed exceeds Rs 1 crore e) C& D only

Last Answer : e) C& D only

A retired zookeeper owned a huge house with a very large and beautifully landscaped yard. The neighbors of the man drove past his home daily, and admired his arrangement of all the large trees and numerous healthy bushes which adorned the front yard. One day, a neighbor drove by the former zookeeper's house, and was astonished to see a living, fully-grown ostrich standing in the yard. A week later, neighbors reported seeing a live, fully-grown bear standing near the ostrich. As the next few weeks passed, the neighbors saw a tiger, a lion, a hippopotamus, and finally an elephant appear in the yard of the retired zookeeper --- all fully- grown and alive, but without any cages or bars to protect the neighborhood from them. Amazingly, not one person who lived in that area ever expressed any fe

Description : A retired zookeeper owned a huge house with a very large and beautifully landscaped yard. The neighbors of the man drove past his home daily, and admired his arrangement of all the large trees and ... from them. Amazingly, not one person who lived in that area ever expressed any fe -Riddles

Last Answer : The retired zookeeper was also a professional topiary expert. Mixing together the best of his two worlds, he sculpted zoo animals from his fully-grown, healthy, living bushes in his front yard, much to the delight of his neighbors.

Who is the head of committee which has been made to select the next RBI governor, as present RBI Governor Mr. Raghuram Rajan‟s term will end in closer to September 2016? A) PK Mishra B) Urjit Patel C) R Gandhi D) P K Sinha E) None of these

Description : Who is the head of committee which has been made to select the next RBI governor, as present RBI Governor Mr. Raghuram Rajan‟s term will end in closer to September 2016? A) PK Mishra B) Urjit Patel C) R Gandhi D) P K Sinha E) None of these

Last Answer : D) P K Sinha Explanation: The committee route would be in sync with PM Narendra Modi‘s remark that the appointment is an ―administrative decision‖ that will be taken closer to September when Rajan‘s term ends. PK Sinha is the Cabinet Sectretary.

The fifth Heart of Asia: Istanbul Process Ministerial meeting was held in Islamabad on 8-9 December 2015. Where was the fourth Meeting held? A. Istanbul B. Tehran C. Beijing D. Jeddah

Description : The fifth Heart of Asia: Istanbul Process Ministerial meeting was held in Islamabad on 8-9 December 2015. Where was the fourth Meeting held? A. Istanbul B. Tehran C. Beijing D. Jeddah

Last Answer : ANSWER: C

The fifth Heart of Asia: Istanbul Process Ministerial meeting was held in Islamabad on 8-9 December 2015. Where was the fourth Meeting held? A. Istanbul B. Tehran C. Beijing D. Jeddah

Description : The fifth Heart of Asia: Istanbul Process Ministerial meeting was held in Islamabad on 8-9 December 2015. Where was the fourth Meeting held? A. Istanbul B. Tehran C. Beijing D. Jeddah

Last Answer : ANSWER: C

Where was the 5th Heart of Asia meeting held on December 09, 2015. A. Beijing B. Tehran C. Istanbul D. Islamabad

Description : Where was the 5th Heart of Asia meeting held on December 09, 2015. A. Beijing B. Tehran C. Istanbul D. Islamabad

Last Answer : ANSWER: D

The fifth Heart of Asia: Istanbul Process Ministerial meeting was held in Islamabad on 8-9 December 2015. Where was the fourth Meeting held? A. Istanbul B. Tehran C. Beijing D. Jeddah

Description : The fifth Heart of Asia: Istanbul Process Ministerial meeting was held in Islamabad on 8-9 December 2015. Where was the fourth Meeting held? A. Istanbul B. Tehran C. Beijing D. Jeddah

Last Answer : ANSWER: C

Where was the 5th Heart of Asia meeting held on December 09, 2015. A. Beijing B. Tehran C. Istanbul D. Islamabad

Description : Where was the 5th Heart of Asia meeting held on December 09, 2015. A. Beijing B. Tehran C. Istanbul D. Islamabad

Last Answer : ANSWER: D

The fifth Heart of Asia: Istanbul Process Ministerial meeting was held in Islamabad on 8-9 December 2015. Where was the fourth Meeting held? A. Istanbul B. Tehran C. Beijing D. Jeddah

Description : The fifth Heart of Asia: Istanbul Process Ministerial meeting was held in Islamabad on 8-9 December 2015. Where was the fourth Meeting held? A. Istanbul B. Tehran C. Beijing D. Jeddah

Last Answer : ANSWER: C

NITI Aayog was set up in the year of? (a) 31 st December, 2015 (b) 30 th March, 2015 (c) 1 st April, 2015 (d) 1 st January, 2015

Description : NITI Aayog was set up in the year of? (a) 31 st December, 2015 (b) 30 th March, 2015 (c) 1 st April, 2015 (d) 1 st January, 2015

Last Answer : (d) 1 st January, 2015

What is the total that would be reported for stockholders' equity at December 31, 2008? a. $102,000 b. $130,000 c. $144,000 d. $158,000

Description : What is the total that would be reported for stockholders' equity at December 31, 2008? a. $102,000 b. $130,000 c. $144,000 d. $158,000

Last Answer : b. $130,000

An HFC is required to have Minimum net owned fund of ______ A. Rs. 100 lakhs B. Rs. 200 lakhs C. Rs. 500 lakhs D. Rs. 1000 lakhs E. None of the Above

Description : An HFC is required to have Minimum net owned fund of ______ A. Rs. 100 lakhs B. Rs. 200 lakhs C. Rs. 500 lakhs D. Rs. 1000 lakhs E. None of the Above

Last Answer : D. Rs. 1000 lakhs Explanation: For commencing the housing finance business, an HFC is required to have the following in addition to the requirements under the Companies Act, 1956: ♦ Certificate of registration from NHB ♦ Minimum net owned fund of Rs. 1000 lakhs

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.

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.

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

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.

______ 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

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.

An external advisory committee headed by _______ evaluated the license applications for small finance banks. A. NR Madhawan Menon B. Usha Thorat C. Nachiket Mor D. Y.H. Melagam E. None of the Above

Description : An external advisory committee headed by _______ evaluated the license applications for small finance banks. A. NR Madhawan Menon B. Usha Thorat C. Nachiket Mor D. Y.H. Melagam E. None of the Above

Last Answer : B. Usha Thorat Explanation: An external advisory committee headed by Usha Thorat evaluated the license applications for small finance banks.

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

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.