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Banking Laws and Practices

Authored by PRATHMESH TAWADE

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University

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Banking Laws and Practices
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15 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In the classroom discussion related to Too Big to fail was pertaining to _______

Yes Bank

Bank of America

SBI

Bank of Baroda

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The Company Law in India was enacted in________

1956

1913

1850

1992

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Following was not one of the reasons for the failure of Banking industry in 1913

The low proportion of liquid assets

Connected lending practices

No regulations over banks

Negligence of British Government

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In 1913,_______ committee looked into the issue of Banking failures.

Royal Commission

Hilton Young

Indian Central Banking Enquiry Committee

Edward Committee

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

________Act made a Comprehensive enactment, applicable only to the banking sector.

RBI Act 1934

Banking Regulation Act 1949

Indian Companies Act, 1913

Banking Companies Act 1949

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The original name of Banking Regulation Act, 1949 was ________

Banking Companies Act

Bank Regulation Act

RBI Act

Indian Companies Act

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

“Banking” is defined as - Accepting deposits of money from public for the purpose of lending or investing which are repayable on demand or otherwise, and can be withdrawn by ________

cheque, draft or otherwise.

drafts, cheque and otherwise

otherwise, drafts, and cheque

cheque, draft or RTGS

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