Banking Quiz Banking Quiz 11 April 23, 2012April 23, 2012 hari babu seo trainer Banking Quiz 11 1. Which of the following cannot be securitized?Future billings for an airlineDemand drafts received by the banker during clearingFuture rentals of a fishing boatHire purchase receivables2. Service Area Approach (SAA) is associated with?Development banksBranches of commercial banks situated in metro citiesRural and Semi-urban branches of commercial banksUrban branches of commercial banks3. Which of the following is a function of the agent bank relating to flow of money in the process of loan syndication?Receiving notices relating to transfers of banksReceiving the fee from the borrower and distributing among the participating banksReceiving notices relating to cancellation of any part of the loanCalling of loans in the event of default4. Which of the following is not shown as an asset in the balance sheet of a Bank?BorrowingsCash balances with other banksInvestmentsAdvances5. The important condition for granting license of banking companies is?The banking company can undertake business other than banking with the permission of annual general bodyThe business undertaken by the banking company should not frustrate the interest of publicBanking company need not plan to pay for future depositorsBanking company can plan for its capital structure once the license is granted6. Which of the following is not the service provided by the Small Industries Service Institute?Financial supportExport promotion and liaison activitiesProviding entrepreneurship development programsDevelopmental efforts7. Which of the following is the parameter to recognize the SSI unit as sick unit?Lack of updating in technological developmentThe unit should have been in commercial production for at least five yearsThe erosion in the net-worth due to accumulated losses is up to 25% of its net worth during the previous account yearThe erosion in the net-worth due to accumulated losses is up to 50% of its net worth during the previous account year8. The credit policy of a bank does not consist of?advertising of loan productsLoan product mixLending policiesQuality control9. Who of the following is not a party to the IPO?Registrar of CompaniesAdvertisement AgencyRegistrar of IssueInvestment Banker10. Which of the following statements is true?A license to open a branch is issued by the Central GovernmentA license to open a branch is issued by the Reserve Bank of India under the provisions of Banking Regulation Act, 1949The license to open branches of bank is granted by Board of Directors of that Bank There is no need of licenses to open branch of a bank
