CAIIB – BRBL – Mock Test- 08
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1.
A state cooperative bank has to submit copy of audited balance sheet to:
2.
If a person has the obligation to deduct tax at source, he has to obtain:
3.
U/s 21 of Banking Regulation Act, RBI issues directions to banks in respect of:
4.
The bailment of goods for providing security for payment of debt or performance of promise is called:
5.
The Prevention of Money Laundering Act 2002 was enacted with the following objective:
6.
Who are the persons licensed/registered by IBBI who help in resolution of insolvency and are appointed liquidator and/or bankruptcy trustee under any resolution process initiated under the Code?
7.
In terms of Section 77 (2) of Companies Act 2013, where a charge is registered successfully with the ROC, he/she would issue a certificate of registration of such charge in ___
8.
Under pre-packaged insolvency resolution process (PIRP), ___ days from the date of commencement is the time frame given for completion of the entire PIR process.
9.
As per provisions of Consumer Protection Act 2019, what is the time limit to take decision by the appellate authority on an appeal:
10.
Which of the following statements are matched properly? 1 Permitted business of banks – Sec 6 (1) BR Act 2 Banking companies cannot engage in trading activities – Sec 8 B R Act 3 Banks are required to dispose of non-banking assets acquired by them within – 8 years 4 Banks are required to dispose of non-banking assets acquired by them within in specified period : Sec 9 of BR Act
11.
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956/2013. It engages itself the business of : 1 loans and advances, 2 acquisition of shares/ stocks/ bonds/ debentures/ securities, 3 leasing and hire- purchase, 4 agriculture activity,
12.
Who has the powers to change the day for the purpose of preparation of profit and loss account and balance sheet:
13.
Where a cheque is received dishonoured for insufficiency of funds, the bank is required to return the cheque to the customer (holder) within:
14.
Which of the following types of contracts are essentially, the contracts of indemnity:
15.
Section 25 of the ________________ accords the same rights and remedies to the payee (beneficiary) against dishonor of electronic funds transfer instructions under insufficiency of funds as are available under section 138 of the Negotiable Instruments Act, 1881.
16.
As per section 51 of____ , the provisions of Banking Regulation Act are applicable to SBI:
17.
Capital account transaction are the transactions by which there may be a change (either an increase or decrease) in the assets or liabilities outside India of persons resident in India or assets or liabilities in India of persons resident outside India Which of the following fall in the category of capital account transactions? 1 opening a bank account abroad in foreign currency 2 opening a bank account in India in foreign currency 3 investing in shares of a company abroad 4 setting up a wholly owned subsidiary abroad, by a company.
18.
The provisions of SARFAESI Act are applicable in case of:
19.
If there is any satisfaction of the security interest already registered, the satisfaction details are required to be submitted to Central Registry within, under SARFAESI Act:
20.
The Recovery of Debts and Bankruptcy Act, 1993 (DRT Act) 1993 came into operation wef ___ and its applicable:
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