Welcome to your 2. Legal & Regulatory Aspects of Banking - JAIIB
1.
For an Indian bank, as per Sec 11 of b R Act the minimum paid up capital and reserves should be (a) Rs.5 lac if the bank is having business in more than one state (b) Rs.10 lac if business is in more than one State and Includes Mumbai of Kolkata or both (c) Rs.2 lac, if place of business is in the State and does not included Mumbai or Kolkata
2.
Which of the following instruction has been issued by RBI u/s 35A of B R Act (a) KYC Guidelines (b) Clean Policy (c) Fraud Reporting (d) Ombudsman:
3.
If a borrower has been outside India for some time, for the purpose of calculation of limitation, that period:
4.
In computing the period of limitation, the day from which such period is to be reckoned be:
5.
Bank B sanctioned a term loan to a XYZ repayable in 28 quarterly instalments. The party did not few due instalments and bank wants to file suit. Which of the following is most appropriate answer:
6.
RBI issues instructions on rate of interest to banks. The provisions u/s 21A of B R Act relate to:
7.
The process where the non-liquidated financial assets (say NPAs) are converted into marketable securities i.e security receipts, is called:
8.
RBI can remove the Chairman of Director of a bank under _____ Act against which appeal can be made to central Govt. within ________days from date of communication of such order:
9.
_______ copies of balance sheet and profit and loss account prepared by banks, are to submitted to RBI within ______ months. Banking companies are also to submit three copies to _______:
10.
Banks are required to obtain licence from RBI for commencing operation due to which of the following reasons:
