The bailment of goods for providing security for payment of debt or performance of promise is called:

As per the extant guidelines of Reserve Bank of India, Banking companies can declare dividends when 1) the proposed dividend should be payable out of the current year's Net profit 2) The Bank should have CRAR of at least 10% for preceding two completed years and the accounting year for which it proposes to declare dividend Net NPA is less than 7% 3) The Bank shall comply with the provisions of Section 16 of the Banking Regulation Act 1949, which prohibits payment of dividend until all capitalized expenses have been written off 4) The Bank shall comply with the provisions of Section 17, which stipulates transfer of specified portion of profit to statutory reserve fund.

The following activities undertaken by NBFCs, are not eligible for bank credit: 1 Bills discounted/rediscounted by NBFCs, except for rediscounting of bills 2 Unsecured loans/inter-corporate deposits by NBFCs to/in any company. 3 loans and advances by NBFCs to their subsidiaries, group companies/entities. 4 Finance for further lending to individuals for subscribing to Initial Public Offerings (IPOs) and for purchase of shares from secondary market.

Which of the following is not correct regarding the award of Lok Adalat:

What is the position of sale of immovable property by a bank where it is charged to the bank:

Within ___ months of the closing date, SBI has to furnish to the Central Government and the Reserve Bank its balance sheet and profit and loss account together with auditors' report

The Income Tax Act envisages the taxation of income of an assessee on the basis of:

If a signature of a drawer are forged on a cheque and are similar to the signatures on record:

As per Section 2(f) of the SARFAESI Act the term "borrower" has been defined. Accordingly the borrower means any person who: 1 has been granted financial assistance by any bank or financial institution 2 who has given any guarantee 3 who has created any mortgage or pledge as security for the financial assistance granted by any bank or financial institution 4 a pooled investment vehicle which, becomes borrower of an ARC consequent upon acquisition by it of any rights

A cheque is crossed with the words MUMBAI written within two parallel lines. It is presented for payment in New Delhi.

Which of the following powers are not available with Central Govt. as per provisions of Banking Regulation Act 1949:

Who is entrusted with the task of regulating the process of IBC, Insolvency Professionals, Insolvency Professional Agencies, Insolvency Professional Entities and Information Utilities under IBC 2026.

Before taking possession of a security under SARFAESI Act, the bank is required to issue notice to the borrower under provisions of:

Which of the following charges do not require registration with Registrar of Company as per Section 77 of Companies Act 2013? Charges not requiring registration: 1. Corporate Guarantee; 2. Arising due to the operation of some specific law where registration is not required; 3. Hundi being a Negotiable instrument

The appeal against an order of the DRT, can be made by any of the party to ___

Which of the following statement, does not match:

What is the application fee to seek authorization from RBI to operate a payment system in India, if an entity is otherwise eligible.

As per provisions of Consumer Protection Act 2019, the consumer commissions can review their order within ___

In a contract of indemnity, the liability of:

A bill is dated January 03, 2017 is payable 2 months after presentation. It is presented on Jan 12 and accepted by the drawee on Jan 13, 2017. The due date will be: