Welcome to your 1. Legal & Regulatory Aspects of Banking - JAIIB
1.
1. The ‘fit and proper’ criteria is used:
2.
2. If a securitization company fails to comply with RBI guidelines, under SARFAESI Act, who can impose penalties and up to what extent:
3.
3. Which of the following is not suitably matched:
4.
4. RBI can make application to High Court for winding up of a banking company (a) of govt. directs RBI to do so (b) company fails to maintain minimum paid up capital and reserves as per Sec 11 of B R Act(c) RBI has prohibited the bank to accept fresh deposits u/s 35-4 of B R Act (d) bank has fail to remain entitled to carry on banking activities:
5.
5. Section 45s of RBI Act relates to which of the following:
6.
6. Regional Rural banks are:
7.
7. A bank is offered the following securities by a borrower to secure his loan, which of these will be given preference over the other securities:
8.
8. Which among the following cannot accept deposits from public except relatives u/s 45-s of RBI Act: (a) individuals (b) firms (c) unincorporated association of person (d) primary credit society. Whose principal business is lending or acceptance of deposits
9.
9. The major objective of formation of RBI by enacting RBI Act 1934 was to (a) regulate the issue of bank notes (b) keep reserves for securing monetary stability in India (c) to operate the currency and credit system of India (d) to keep control over the capital market and foreign exchange markets:
10.
10. For banking business, the banking Companies are licensed by (a) RBI (b) Company Law Board (c) registrar of Companies (d) Security and Exchange Board of India:
