Home JAIIB Legal & Regulatory Aspects of Banking part-2

Legal & Regulatory Aspects of Banking part-2

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Welcome to your Legal & Regulatory Aspects of Banking part -2

1. 
Section 6 (1) (o) of Banking Regulation Act deals with which of the following aspects:

2. 
The company matters of a bank regulated by (a) SEBI (b) RBI (c) Ministry of Corporate Affairs (d) Authorities under Companies Act

3. 
The period of limitation can be got extended by the creditor, in which of the following situations (which one is more appropriate):

4. 
X had purchased a 2nd hand car from Z and made the payment. The car is taken in possession by the police as it was stolen one. As per Sale of Goods Act, this amount to:

5. 
The banking companies that are allowed to operate in a very limited geographical area, are known as:

6. 
Where licence of a banking company is cancelled, it can make an appeal to:

7. 
In which of the following cases, the limitation period is 30 years:

8. 
For action under SARFAESI Act, the account should be NPA:

9. 
With a view to ensure that the controlling interest in a banking company does not change hands without the knowledge and approval of RBI:

10. 
Bank has to file a suit on the basis of a promissory note dated Sept 22,2006. Bank made the demand for payment on Nov 10,2006. The suit can be filed latest by:

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