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25 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which among the following is true about RBI:
RBI administers the foreign exchange control
Controls appointment, re-appointment, termination of appointment of the Chairman and chief executive officers of private sector banks
Establishes specific institutions like NABARD to develop agricultural sector
All of the above
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
IBBI stands for ?
Insolvent and Bankrupt Board of India
Insolvent and Bankruptcy Bank of India
Insolvency and Bankruptcy Board of India
Insolvency and Bankruptcy Bank of India
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The state of not being able to pay one's debts or having an excess of liabilities over assets.
insolvent
bankrupt
liquidation
winding-up
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Who appoints an insolvency professional to act as the
interim resolution professional for a corporate insolvency
resolution process?
a) The committee of creditors b) The corporate debtor
c) The National company law tribunal (NCLT)
The committee of creditors
The corporate debtor
National company law tribunal
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Appeal against decision of Lok Adalat can be filled in
District court
DRT
LDM office
No appeal can be filed
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which among the following is a facility extended by the Reserve Bank of India to the scheduled commercial banks (excluding RRBs) and primary dealers to avail liquidity in case of requirement or park excess funds with the RBI in case of excess liquidity on an overnight basis against a collateral of government securities including state government securities?
Credit Authorization Scheme (CAS)
Selective Credit Control (SCC)
Open Market Operations (OMOs)
Liquidity Adjustment Facility (LAF)
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is not a function of a commercial bank?
Accepting deposits
Issuing currency
Advancing loans
Credit creation
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