Indian Banking Regulation Act was passed in the year ___________ A. 1989 B. 1968 C. 1949 D. 1948

Indian Banking Regulation Act was passed in the year ___________ A. 1989 B. 1968 C. 1949 D. 1948
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C. 1949 Explanation: The Banking Regulation Act, 1949 is a legislation in India that regulates all banking firms in India. Initially, the law was applicable only to banking companies. But, 1965 it was amended to make it applicable to cooperative banks.
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All banks registered under the ___________ are considered co-operative banks. A. Banking Regulation Act 1949 B. The Bankers‘Books Evidence Act–1891 C. Cooperative Societies Act, 1912 D. Both (B) and (C) E. None of the Above

Description : All banks registered under the ___________ are considered co-operative banks. A. Banking Regulation Act 1949 B. The Bankers‘Books Evidence Act–1891 C. Cooperative Societies Act, 1912 D. Both (B) and (C) E. None of the Above

Last Answer : C. Cooperative Societies Act, 1912 Explanation: Co-operative banks operate in both urban and non-urban areas. All banks registered under the Cooperative Societies Act, 1912 are considered co-operative banks ... approved bylaws and amendments.co-operative banks work on a -no profit, no loss basis.

A Shareholder has been defined by ________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. The companies act, 1956

Description : A Shareholder has been defined by ________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. The companies act, 1956

Last Answer : E. The companies act, 1956 Explanation: The Companies Act, 1956 ―Small Shareholder‖ means a shareholder holding shares of nominal value of twenty thousand rupees or less in a public company to which section 252 of the Act applies.

The Definition of „Banking‟ is given in _______ A. Negotiable Instrument Act, 1881 B. RBI Act, 1934 C. The Banking Regulation Act, 1949 D. Indian Contract Act, 1872 E. None of the Above

Description : The Definition of „Banking‟ is given in _______ A. Negotiable Instrument Act, 1881 B. RBI Act, 1934 C. The Banking Regulation Act, 1949 D. Indian Contract Act, 1872 E. None of the Above

Last Answer : C. The Banking Regulation Act, 1949 Explanation: As per Section 5(b) of the Banking Regulation Act, 1949 , -banking means the accepting, for the purpose of lending or investment, of deposits ... the public, repayable on demand or otherwise, and withdraw-able by cheque, draft, order or otherwise.

The rules framed in the Clayton‟s case have been incorporated in _________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. None of the Above

Description : The rules framed in the Clayton‟s case have been incorporated in _________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. None of the Above

Last Answer : D. Indian Contract Act, 1872 Explanation: The rules framed in the Clayton‘s case was incorporated in Section 59 of the Indian Contract Act, 1872.

GSTN comes under which Act? (A) Banking Regulation Act 1949 (B) RBI Act 1934 (C) Indian Partnership Act, 1932 (D) Companies Act, 2013 (Ans : D) 45. Combined Stake of Central and State Government in GSTN is– (A) 20% (B) 25% (C) 49% (D) 51%

Description : GSTN comes under which Act? (A) Banking Regulation Act 1949 (B) RBI Act 1934 (C) Indian Partnership Act, 1932 (D) Companies Act, 2013 (Ans : D) 45. Combined Stake of Central and State Government in GSTN is– (A) 20% (B) 25% (C) 49% (D) 51%

Last Answer : (C) 49%

The law regarding negotiable instruments is contained in __________ A. The Bill of exchange Act 1881 B. The Banking Regulation Act 1949 C. Cheques Act, 1881 D. The Negotiable Instruments Act, 1881

Description : The law regarding negotiable instruments is contained in __________ A. The Bill of exchange Act 1881 B. The Banking Regulation Act 1949 C. Cheques Act, 1881 D. The Negotiable Instruments Act, 1881

Last Answer : D. The Negotiable Instruments Act, 1881 Explanation: The Negotiable Instruments Act, 1881 – An Act to define and Law relating to negotiable instruments which are Promissory Notes, Bills of Exchange and cheques.

Scheduled banks are required to keep cash reserve with RBI, interms of _______ A. Section 24 of the Banking Regulation Act, 1949 B. Section 20 of the Banking Regulation Act, 1949 C. Section 42(i) of the RBI Act, 1934 D. Section 42 of Negotiable Instruments Act

Description : Scheduled banks are required to keep cash reserve with RBI, interms of _______ A. Section 24 of the Banking Regulation Act, 1949 B. Section 20 of the Banking Regulation Act, 1949 C. Section 42(i) of the RBI Act, 1934 D. Section 42 of Negotiable Instruments Act

Last Answer : C. Section 42(i) of the RBI Act, 1934 Explanation: Every bank included in the Second Schedule shall maintain with the Bank an average daily balance the amount.

Under which Act are the KYC norms implemented? A. SEBI Act 1992 B. Foreign Contribution and Regulation Act, 1976 C. Prevention of Money laundering Act 2002 D. Banking Regulation Act, 1949 E. Both (C) and (D)

Description : Under which Act are the KYC norms implemented? A. SEBI Act 1992 B. Foreign Contribution and Regulation Act, 1976 C. Prevention of Money laundering Act 2002 D. Banking Regulation Act, 1949 E. Both (C) and (D)

Last Answer : C. Prevention of Money laundering Act 2002 Explanation: KYC guidelines/instructions are issued under under Prevention of Money laundering Act PMLA, 2002.

The Overseas Principal should obtain necessary authorisation from the Reserve Bank of India under the provisions of which Act to commence/ operate a payment system? A. Reserve Bank of India Act–1934 B. Banking Companies (Acquisition and Transfer of Undertakings) Act–1970 C. Banking Regulation (Companies) Rules, 1949 D. Payment and Settlement Systems Act (PSS Act), 2007 E. None of the Above

Description : The Overseas Principal should obtain necessary authorisation from the Reserve Bank of India under the provisions of which Act to commence/ operate a payment system? A. Reserve Bank of India Act-1934 B. Banking ... , 1949 D. Payment and Settlement Systems Act (PSS Act), 2007 E. None of the Above

Last Answer : D. Payment and Settlement Systems Act (PSS Act), 2007 Explanation: The Overseas Principal should obtain necessary authorisation from the Department of Payment and Settlement Systems, Reserve Bank of India ... Payment and Settlement Systems Act (PSS Act), 2007 to commence/ operate a payment system.

Co-operative banks are regulated by the Reserve Bank of India under _________ A. Banking Regulation Act, 1949 B. Banking Laws (Application to Co-operative Societies) Act, 1965 C. Both (A) and (B) D. Negotiable Instrument Act–1881 E. None of the Above

Description : Co-operative banks are regulated by the Reserve Bank of India under _________ A. Banking Regulation Act, 1949 B. Banking Laws (Application to Co-operative Societies) Act, 1965 C. Both (A) and (B) D. Negotiable Instrument Act–1881 E. None of the Above

Last Answer : C. Both (A) and (B) Explanation: Co-operative banks are regulated by the Reserve Bank of India under the Banking Regulation Act, 1949 and Banking Laws (Application to Co-operative Societies) Act, 1965

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

SMERA has been registered under _______ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 E. None of these

Description : SMERA has been registered under _______ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 E. None of these

Last Answer : D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 Explanation: SMERA has been registered under Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999.

A Credit Bureau is governed by _________ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 E. Credit Information Companies (Regulation) Act of 2005

Description : A Credit Bureau is governed by _________ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange ... of India (Credit Rating Agencies) Regulations, 1999 E. Credit Information Companies (Regulation) Act of 2005

Last Answer : E. Credit Information Companies (Regulation) Act of 2005 Explanation: A Credit Bureau is governed by the Credit Information Companies (Regulation) Act of 2005.

BCSBI registered as an independent and autonomous body under ________ A. RBI Act 1934 B. Societies Registration Act, 1860 C. Banking Regulation Act, 1949 D. The Companies Act, 1956 E. Both (B) and (C)

Description : BCSBI registered as an independent and autonomous body under ________ A. RBI Act 1934 B. Societies Registration Act, 1860 C. Banking Regulation Act, 1949 D. The Companies Act, 1956 E. Both (B) and (C)

Last Answer : B. Societies Registration Act, 1860 Explanation: BCSBI is an independent and autonomous body, registered as a separate society under the Societies Registration Act, 1860.

To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Description : To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign ... Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Last Answer : A. Payment and Settlement Systems (PSS) Act 2007. Explanation: To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of ... PSS) Act 2007. Bharat Bill Payment Operating Units (BBPOUs) will be the authorised operational units.

Which allows banks and other financial institution to auction residential or commercial properties to recover loans? A. Industrial Disputes Act 1947 B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Description : Which allows banks and other financial institution to auction residential or commercial properties to recover loans? A. Industrial Disputes Act 1947 B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Last Answer : D. SARFAESI Act, 2002 Explanation: The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (also known as the SARFAESI Act) is an ... allows banks and other financial institution to auction residential or commercial properties to recover loans.

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

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

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

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.

The banks will be licensed as payments banks 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 banks will be licensed as payments banks 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 payment banks will be licensed as payments banks under Section 22 of the Banking Regulation Act, 1949 and will be registered as public limited company under the Companies Act, 2013.

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.

Industrial (Development & Regulation) Act was passed by parliament in A. 1947 B. 1949 C. 1951 D. 1956

Description : Industrial (Development & Regulation) Act was passed by parliament in A. 1947 B. 1949 C. 1951 D. 1956

Last Answer : C. 1951

The Banking Regulation Act was passed in India in

Description : The Banking Regulation Act was passed in India in

Last Answer : 1949

Banks are required to maintain SLR under_____ A. Section 24 of the Banking Regulation Act B. Section 35 of the Negotiable Instrument Act, 1881 C. Section 24 of RBI Act D. Section 40 of Indian Contract Act, 1872 E. None of the Above

Description : Banks are required to maintain SLR under_____ A. Section 24 of the Banking Regulation Act B. Section 35 of the Negotiable Instrument Act, 1881 C. Section 24 of RBI Act D. Section 40 of Indian Contract Act, 1872 E. None of the Above

Last Answer : A. Section 24 of the Banking Regulation Act Explanation: SLR is governed by the provisions of Section 24 of the Banking Regulation Act. There is no minimum stipulation on SLR (earlier there used to ... with an amendment to the Banking Regulation Act in 2007). However, SLR can not exceed 40%.

In which year did the first amendment of Indian Constitution take place? (1) (1) 1951 (2) (2) 1950 (3) 1948 (4) 1949

Description : In which year did the first amendment of Indian Constitution take place? (1) (1) 1951 (2) (2) 1950 (3) 1948 (4) 1949

Last Answer : (1) 1951 Explanation: The First Amendment of the Constitution of India was enacted in 1951. It made several changes to the Fundamental Rights provisions of the constitution. It provided against abuse of freedom of speech and expression, validation of zamindari abolition laws, etc.

Indian Society of Weed Science was founded in a). 1958 b). 1968 c). 1989 d). 1997

Description : Indian Society of Weed Science was founded in a). 1958 b). 1968 c). 1989 d). 1997

Last Answer : b). 1968

When was the transistors invented? A) 1948 B) 1938 C) 1958 D) 1968

Description : When was the transistors invented? A) 1948 B) 1938 C) 1958 D) 1968

Last Answer : Answer : A

“Hawala transactions” in India are prohibited under the provision of which of the following acts? A. Banking Regulation Act B. Financial Action Task Force Act C. Foreign Exchange Management Act D. All of the Above E. None of the above

Description : “Hawala transactions” in India are prohibited under the provision of which of the following acts? A. Banking Regulation Act B. Financial Action Task Force Act C. Foreign Exchange Management Act D. All of the Above E. None of the above

Last Answer : C. Foreign Exchange Management Act Explanation: ―Hawala transactions‖ in India are prohibited under the provision of Foreign Exchange Management Act.

The Minimum Wages Act was first passed in India in the year: (1) 1947 (2) 1948 (3) 1950 (4) 1951

Description : The Minimum Wages Act was first passed in India in the year: (1) 1947 (2) 1948 (3) 1950 (4) 1951

Last Answer : (2) 1948 Explanation: The Minimum Wages Act, 1948 was enacted to safeguard the interests of workers, mostly in the unorganized sector by providing for the fixation of minimum wages in certain specified ... the employers to pay their workers the minimum wages fixed under the Act from time to time.

What was The Berlin air lift was conducted in 1948 and 1949 for?

Description : What was The Berlin air lift was conducted in 1948 and 1949 for?

Last Answer : What is the answer ?

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Description : The UNSC Resolution of _______ stated that both India and Pakistan desire that the question of the accession of Jammu and Kashmir to India or Pakistan should be decided through the democratic method of a free and ... plebiscite . A. 21 May 1948 B. 21 May 1949 C. 21 April 1948 D. 21 April 1949

Last Answer : ANSWER: C

When was the Universal Declaration on Human Rights adopted by the United Nations? A. 10 Dec. 1949 B. 30 Nov. 1948 C. 10 Dec. 1948 D. 25 March 1950

Description : When was the Universal Declaration on Human Rights adopted by the United Nations? A. 10 Dec. 1949 B. 30 Nov. 1948 C. 10 Dec. 1948 D. 25 March 1950

Last Answer : ANSWER: C

The UNSC Resolution of _______ stated that “both India and Pakistan desire that the question of the accession of Jammu and Kashmir to India or Pakistan should be decided through the democratic method of a free and impartial plebiscite”. A. 21 May 1948 B. 21 May 1949 C. 21 April 1948 D. 21 April 1949

Description : The UNSC Resolution of _______ stated that both India and Pakistan desire that the question of the accession of Jammu and Kashmir to India or Pakistan should be decided through the democratic method of a free and ... plebiscite . A. 21 May 1948 B. 21 May 1949 C. 21 April 1948 D. 21 April 1949

Last Answer : ANSWER: C

The UNSC Resolution of _______ stated that “both India and Pakistan desire that the question of the accession of Jammu and Kashmir to India or Pakistan should be decided through the democratic method of a free and impartial plebiscite”. A. 21 May 1948 B. 21 May 1949 C. 21 April 1948 D. 21 April 1949

Description : The UNSC Resolution of _______ stated that both India and Pakistan desire that the question of the accession of Jammu and Kashmir to India or Pakistan should be decided through the democratic method of a free and impartial ... . A. 21 May 1948 B. 21 May 1949 C. 21 April 1948 D. 21 April 1949

Last Answer : ANSWER: C

The first canal water agreement was made with india on _______. A. 4 May 1948 B. 4 May 1949 C. 4 May 1950 D. 4 May 1951

Description : The first canal water agreement was made with india on _______. A. 4 May 1948 B. 4 May 1949 C. 4 May 1950 D. 4 May 1951

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The first canal water agreement was made with india on _______. A. 4 May 1948 B. 4 May 1949 C. 4 May 1950 D. 4 May 1951

Description : The first canal water agreement was made with india on _______. A. 4 May 1948 B. 4 May 1949 C. 4 May 1950 D. 4 May 1951

Last Answer : ANSWER: A

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Description : The Constitution of India came into force on – (1) 26 January, 1950 (2) 26 January, 1952 (3) 15 August, 1948 (4) 26 November, 1949

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The Constitution of India was completed by which of the following dates - (1) Jan 26, 1950 (2) Nov 26, 1949 (3) Feb 11, 1948 (4) None of above

Description : The Constitution of India was completed by which of the following dates - (1) Jan 26, 1950 (2) Nov 26, 1949 (3) Feb 11, 1948 (4) None of above

Last Answer : (3) Feb 11, 1948 Explanation: Nov 26, 1949 constitution was completed.

Reserve Bank of India was nationalized in - (1) 1948 (2) 1947 (3) 1949 (4) 1950

Description : Reserve Bank of India was nationalized in - (1) 1948 (2) 1947 (3) 1949 (4) 1950

Last Answer : (3) 1949 Explanation: The Reserve Bank of India was nationalised with effect from 1st January, 1949 on the basis of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948. All shares ... of a suitable compensation. The Reserve Bank of India (RBI) is India's central banking institution.

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Description : The first meeting of the constituent Assembly of India was held on: a. November 26, 1949 b.August15, 1947 c. December 9,1946 d.January26, 1948

Last Answer : c. December 9,1946

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Description : Constitution of India was adopted by Constituent Assembly on? (a) 25 October, 1948 (b) 25 October, 1949 (c) 26 November, 1948 (d) 26 November, 1949

Last Answer : d) 26 November, 1949

National Development Council (NDC) was set up in – (i) 1952 (ii) 1950 (iii) 1949 (iv) 1948

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Industrial Finance Corporation of India (IFCI) was established in : A. 1946 B. 1947 C. 1948 D. 1949

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Description : Planning Commission was constituted on? A. 15th March, 1948 B. 15th March, 1949 C. 15th March, 1950 D. 15th March, 1951

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Description : Reserve Bank of India was nationalised in (1) 1948 (2) 1947 (3) 1949 (4) 1950

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Description : Indian seed act was pass in the year a. 1965 b. 1968 c. 1969 d. 1966

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Description : The Act which is proposed to bring the qualitative transformation of the electricity sector is (a) Regulatory Commission Act, 1998 (b) Indian Electricity Act, 1910 (c) Electricity Act, 2003 (d) Supply Act, 1948

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Description : Indian Medical Council Act was formed a. 1955 b.1956 c. 1949

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