Home JAIIB Principles & Practices of Banking – JAIIB part-9

Principles & Practices of Banking – JAIIB part-9

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Welcome to your Legal & Regulatory Aspects of Banking part-9

1. 
If public company is having paid up capital of Rs.5 cr or more, as per Companies Act 1956, it must have:

2. 
. A right, title or interest of any kind created by a borrower in a security in favour of the secured creditor under provisions of SARFAESI Act is called:

3. 
Under provisions of SARFAESI Act, where the borrower wants to approach DRT against the bank to stop the bank from taking possession of the charged asset it can do so within:

4. 
A 60 days’ notice is given to the owner of assets under SARFAESI Act before taking over the possession:

5. 
A private key and its mathematically related public kay which are so related that the public kay can verify a digital signature created by the private key, is called:

6. 
where an asset is sold under provision of SARFAESI Act, the sale certificate issued by the bank is: (a) conveyance of immovable property (b) it requires payment of stamp duty (c) it is only an agreement to sell

7. 
In which of the following loans, the eligible security can be sold under provisions of SARFAESI Act:

8. 
A company wants to appoint X,Y and Z as the directors in the same meeting. How resolutions are required to be passed?

9. 
Under provisions of right to Information Act, when information is sought by way of inspection of records, the charges are:

10. 
Which of the following statement is not correct in the context of DRTs:

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