Banking Laws

Banking Laws

5th Grade

20 Qs

quiz-placeholder

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Banking Laws

Banking Laws

Assessment

Quiz

Other

5th Grade

Practice Problem

Medium

Created by

Rama Prakash

Used 3+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Under Banker's Book Evidence act, Banker’s books donot include

Ledgers and Manual Records
Cash Books & Day Books
Any forms of mechanical or electronic data
None of the above

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Pecuniary Jurisdiction of District forum under Consumer Proptection Act 2019

Rs. 20.00 Lakh
Rs. 50.00 lakh
Rs.100.00 lakh
Rs. 200.00 lakh

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Any person aggrieved by an order made by the State Commission may prefer an appeal against such order to the National Commission within a period of _____________ from the date of the order

15 Days
30 Days
45 Days
10 Days

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the Maximum Penalty under COPRA 2019

2 Years Imprisonment and/ or Fine up to Rs. 10000.00
3 Years Imprisonment and/ or Fine up to Rs. 10000.00
3 Years Imprisonment and/ or Fine up to Rs.20000.00
3 Years Imprisonment and/ or Fine up to Rs. 100000.00

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Banking Company is defined under _____ Section of BR Act

5 (c )
5 (d)
10 (a)
10(d)

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

BR Act is not applicable to

Nationalised Banks
Non-Nationalised Banks
Cooperative Banks
Co-operative Land Mortgage Bank

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A schedule bank means a bank whose name is included in the__________ schedule of RBI Act 1934

1st
2nd
3rd
4th

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