Banking Quiz 3

1. Which of the following is not one of the RBI directives on clean note policy?

2. Ideal Credit deposit ratio for a bank is?

3. Debt Recovery Tribunals accept petitions from Banks and financial institutions, only when the amount of suit is for Rs?

4. A term loan is classified as a non-performing asset, if interest or installment is overdue for period exceeding how many days?

5. Which of the following is not one of the essential elements of internal audit?

6. The rate at which RBI rediscounts the bills of commercial banks is called as?

7. An endorsement is deemed as an instruction to?

8. Which of the following is an interest bearing demand deposit?

9. The letter of credit, which facilitates the exporter to get pre- shipment finance (from the stage of purchase of raw material until the warehousing of the finished goods) from advising bank is called?

10. Which of the following businesses is prohibited as per Sec 8 of B.R Act 1949?