PROMOTIONAL EXAM II

Which menu is used for Write off Entry for OTS accounts ?

• NPATM

• OTSTM

• LAW

• NPARECO

• NPAEXP

Which committee has suggested IRAC norms?

• Narasimham committee on the Financial System
• Deepak Mohanty committee
• Subramaniam committee
• Kar committee
• Gadgil Committee

………………….plays the role of a repository of legal evidence holding the information pertaining to any debt/claim in DDE

• NeSL
• CDSL
• C-DAC
• Lending Bank
• Customer

Which of the following sentences is/are not correct?

• RBI was nationalized on January 1, 1935.
• RBI has 4 Deputy Governors
• RBI is the custodian of the foreign currency in India
• RBI’s head quarter is in Delhi
• RBI governer is Sri Shaktikanta Das

Which of the following is not a part of the Small Savings Scheme of Government?

• PPF
• SSY
• NPS
• KVP
• NSC (National Savings Certificate)

How many members are there in one Self Help Group, where registration of SHG is not mandatory?

• 1 to 5
• 10 to 20
• 5 to 10
• 15 to 25
• 2 or more

Banks with only a digital presence and no physical branches is known as?

• Fintech Bank
• GeoT Bank
• Islamic Bank
• Neo Bank
• DBU (Digital banking Units)

RBI has introduced LEI w.e.f. 01st April 2021 for NEFT, RTGS transactions undertaken by entities above which amount?

• Rs.50 cr
• Rs. 100 Cr
• Rs. 5 Cr
• Rs.1 Cr
• Rs. 10 cr

Which committee mooted the idea of payment banks?

• Bimal Jalan Committee
• P J Nayak Committee
• Raghram Rajan Committee
• Nachiket Mor Committee
• Narasimhan Committee

A continuing guarantee applies to ------

• Reasonable number of transactions
• Any number of transactions
• A series of transactions
• A specific transaction
• Particular transaction