An ethical dilemma exists when one is faced with having to make a choice among which following alternatives? 1. Significant value-conflicts among differing interests. 2. Real alternatives that is equally justifiable. 3. Significant consequences on stakeholders in situation

Read the statements below and classify these as True or False? 1 the assignee can have rights equal to that of the assignor 2 the assignee cannot have better rights to that of the assignor 3 The transferee can sue or institute proceedings for the same in his own name without obtaining the transferor's consent 4 Every notice of transfer of an actionable claim shall be in writing, signed by the transferor

Auditors are required to perform a review of computer applications to evaluate the accuracy of IT processing. There are basically three approaches to computer auditing which include 1) audit around the computer 2) ____, 3) audit with the computer

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

As per provisions of Consumer Protection Act 2019, what is the limitation period for lodging complaint by complainant with the related Consumer Commission?

Documentation is one of the vital aspect of credit management in a bank. Which of the following enactments, affect directly, the bankers’ loan documentation? 1 Banking Regulation Act, 2 Indian Registration Act, 3 Limitation Act, 4 Indian Stamps Act

Which of the following are the major hard infrastructure components in a computerised environment? 1 Computer hardware 2 Power supply and other related equipment 3 Precision ACs, fire extinguishers, smoke detectors 4 Trained manpower

As customer profile, like occupation, location, financial resources and turnover, is likely to change over a period of time it is necessary to undertake periodical updation of customer data and documents that may have expired or in case of changes. Which of the following is True or False in relation to periodic updation time period 1 it is required to be done at least every two years for high risk customers 2 it is required to be done at least every eight years for medium risk customers 3 it is required to be done at least every 10 years for low risk customers 4 it is required to be done at least every 5 years for non-resident customers,

Differentiating employees based on religion, caste, sex or race is known as___

A distributed ledger technology (DLT) that stores groups of transactions and then links and sequences the list of transactions using cryptography, is known as __

In connection with declaration of a willful defaulter by a bank, which of the following statement is not stated correctly?

Sec. 45 of the Prevention of Money Laundering Act, 2002, categorizes all offences under the Act as what type of offences?

The practice of implementing security policies and procedures in order to lower the total risk or impact of a cybersecurity threat is called?

In case of borrowers, where the exposure of the banking system is less than Rs.____, there is no restriction on opening current accounts or on providing CC/OD facility, subject to obtaining an undertaking that they shall inform the bank(s), as and when the credit facilities availed by them from the banking system reaches that threshold level?

Business ethics differs from business values. Which statement is true in case of business ethics-

Under Right to Information Act, the charges payable by information seeker, are computed at the following rates? (Find True or False) 1) Rs.2 for each page in A-4 or A-3 size paper created or copied; 2) for inspection of records, no fee for the first hour and a fee of RS.10 for each 15 minutes or fraction thereof thereafter. 3) actual cost or price for samples or models 4) actual charge or cost price of a copy in larger size paper;

To lure consumers into a trap, the use of cell phone text messages which contains a URL or phone number having an automated voice response system, asking for immediate attention of receiver including return SMS, is called?

An interim order passed by DRT debarring the defendant from dealing with his property can be in the form of:

Customer identification procedures is mandatory in respect of which of the following transactions? 1) selling any product including third party products, 2) loading/ reloading of prepaid instruments 3) loading/ reloading of travel cards for value of over Rs.50,000. 4) all types of cash deposits in the account

As per the Banking Laws (Amendment) Act, 1983, nomination facility, in which of the following types of accounts / transaction, is available? 1 Deposit accounts 2 Loan accounts 3 Safe deposit of articles accounts 4 Safe Deposit vault (Locker) accounts