BOB Revision

Who is the competent authority to issue certificate of incorporation?

• Ministry of corporate affairs

• Registrar of Firms

• Reserve Bank of India

• Registrar of companies

The Public Trust is to be registered with _____.

• Registrar of cooperative societies

• Registrar of Endowments

• Commissioner of Charities

• Regisrar of Trusts

Stopping flow of physical cheques and sending the scanned image of the same to the paying Bank is called ______.

• Cheque Collection System

• Cheque Truncation system

• Cheque digitisation System

• Cheque Payment System

National Pension Scheme is regulated by _____.

• SEBI

• IRDA

• PFRDA

• RBI

The stage on which laundered money comes back to originating source disguised as clean money is ______.

• Consolidation

• Placement

• Integration

• Layering

Banker customer relationship comes to an end in one of the following cases?

• Migration of the customer to a foreign country

• Death of a customer

• With the customer giving a mandate in favour of someone else

• Arrest of a customer

What was the initial share capital of Reserve Bank of India?

• Rs. 15 Crore

• Rs. 20 Crore

• Rs. 5 Crore

• Rs. 10 Crore

A minor can open a savings account independently after attaining the age of: 

• 12

• 10

• 8

• 14

Scheduled banks are listed in the __________schedule of RBI Act.

• Fifth

• Eighth

• Second

• Fourth

Which one is not an  emerging trend in Banking?

• Branch Banking

• Cloud Banking

• Wearables

• Fintech