Section 17

Description

Quiz on Section 17, created by kumar nikhil on 19/08/2017.
kumar nikhil
Quiz by kumar nikhil, updated more than 1 year ago
kumar nikhil
Created by kumar nikhil over 7 years ago
24
1

Resource summary

Question 1

Question
How much intresrt RBI will pay on money deposited by central government
Answer
  • no interest
  • bank rate
  • base rate
  • repo rate

Question 2

Question
Bank can rediscount bills of exchange arising out of export of goods from India within?
Answer
  • 180 days
  • 90 days
  • 360 days
  • fifteen months

Question 3

Question
Bank can rediscount bills of exchange arising out of agriculture operations with in
Answer
  • fifteen months
  • 180 days
  • 90 days
  • 360 days
  • none of these

Question 4

Question
out of the two good signatures required in discounting of bills relating to cottage and small industries, one must be from?
Answer
  • Scheduled commercial bank
  • state cooperative bank
  • state cooperative bank or state financial corporation
  • state cooperative bank or state financial corporation or any financial institution

Question 5

Question
discounting of bills relating to cottage and small industries should be guaranteed by state government?
Answer
  • True
  • False
  • State government as well as one RRB
  • instead should be GUARANTEED BY central government

Question 6

Question
in case of bill of exchange drawn drawn for the purpose of holding or trading in g-sec and gov-sec , maturity shall be with in
Answer
  • 90 days
  • 180 days
  • 360 days
  • 1 year

Question 7

Question
loan given by Bank to any SCB or state co-operative bank against financing of agricultural operations, shall be repayable on expiry of fixed periods not exceeding
Answer
  • 180 days
  • 15 months
  • 12 months
  • 1 year

Question 8

Question
loan given to state financial corporations by Bank shall be repayable on the expiry of fixed periods not exceeding
Answer
  • 18 months
  • 15 months
  • 12 months
  • 9 months

Question 9

Question
loans made to state financial corporation shall not exceed
Answer
  • twice the paid up capital
  • equivalent to paid up capital
  • thrice the paid up capital
  • none of these

Question 10

Question
loans made to Industrial finance corporation shall be guaranteed by
Answer
  • central gov
  • state gov
  • either central or state gov
  • none of these

Question 11

Question
loans made to financial institution notified by central gov shall not exceed
Answer
  • 60% of share capital
  • 80% of share capital
  • 500% of share capital
  • 40% of share capital

Question 12

Question
loans to central warehousing and state warehousing shall not exceed respectively
Answer
  • 3 crore and fifty lakh
  • fifty lakh and 3 crore
  • fifty lakh for both
  • 3 crore for both

Question 13

Question
Loan making to dicgc and NHB determined by
Answer
  • central board
  • central gov
  • state gov
  • None

Question 14

Question
RBI can borrow money from other SCB for a period not more than
Answer
  • 15 days
  • 1 month
  • 3 month
  • 6 months

Question 15

Question
maximum amount that Bank can borrow
Answer
  • equal to capital of bank
  • twice the capital of bank
  • thrice the capital of bank
  • none of these
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