SET VII

121. Which of the following is a borrowing facility/loan advance?           (a)
(a) Term finance
(b) Performance guarantee
(c) Bill received under letter of credit
(d) All the above

122. Fixed assets ratio means                                                                                     (b)
(a) Fixed assets to paid-up capital
(b) Net fixed assets to long-term funds
(c) Net worth
(d) None of the above

123. A decline in the current ratio and liquidity ratio indicates                 (c)
(a) Sound position              (b) Solvency
(c) Over trading                  (d) Off shore

124. Marginal cost means                                                                                              (a)
(a) Raw-material selling expenses and other variable expenses
(b) Prime cost
(c) Margin of sales
(d) None of the above

125. Assignment means transfer of                                                                          (d)
(a) Ownership only (b) Possession only
(c) The policy-holder only (d) A debit/right/property only

126. Margin of surrender value for the purpose of bank loan is retained to the extent of                                                                                                                               (c)
(a) 5%                                                (b) 8%
(c) 10%                                               (d) 15%

127. Selective credit control covers                                                                         (d)
(a) Margin                                         (b) Interest
(c) Level of credit                             (d) All the above

128. Under which provisions is Selective credit control governed?          (c)
(a) Section 49 of the Banking Regulation Act
(b) Section 3 of the Public Debt Act
(c) Section 21 of the RBI Act
(d) Section 131 of the Negotiable Instrument Act

129. Pledge of advance is made against                                                                 (b)
(a) Gold                                             (b) Commodities
(c) Coins and notes                           (d) All the above

130. What rate of interest is charged on the advances made against Duty Draw Back Scheme? (d)
(a) Same as of export advance       (b) Same as on working capital
(c) Same as of export refinance     (d) Nil

131. Contract of insurance is a contract of                                                            (b)
(a) Agency                                         (b) Indemnity
(c) Bailment                                     (d) Guarantee

132. The insurance policy over the security is arranged for in the name of the                                                                                                                                               (a)
(a) Borrower and endorsed in favour of the bank
(b) Bank
(c) Borrower
(d) None of the above

133. Bank becomes pledge over the                                                                         (c)
(a) Supply bills                     (b) Demand bills
(c) Import bills                     (d) Export bills

134. Who registers the firm?                                                                                       (c)
(a) Deputy Commissioner             (b) Bank
(c) Registrar of Firms                     (d) Registrar of Companies

135. Which of the following are covered under pledge?                                 (d)
(a) Actual delivery of the goods
(b) Factory type pledge
(c) Constructive delivery of the goods
(d) All the above

136. Cash credit accounts are closed                                                                      (b)
(a) On the death of the agent
(b) On the death of the principal
(c) On the death of the Managing Director of the company
(d) None of the above

137. Industrial co-operatives covered under SSI can raise loan without ceiling. The loan will be refinanced by                                                                                   (c)
(a) IDBI                                 (b) RBI
(c) NABARD                         (d) DICGC

138. What is the minimum period of medium and long-term loans?       (b)
(a) 12 months                       (b) 18 months
(c) 24 months                       (d) 36 months

139. Which bank does not belong to State Bank Group?                                (b)
(a) State Bank of Indore
(b) Banaras State Bank
(c) State Bank of Bikaner and Jaipur
(d) State Bank of Patiala

140. For which are the reserves maintained before issuing the following?
(d)
(a) One rupee notes                        (b) One rupee coins

(c) All notes and coins                    (d) RBI notes

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