Banking and Financial Awareness Quiz-37

Rupee coins are the legal tender in India under the provisions of

What is ‘NIKKEI’?

On July 6, 2005 a new department, named _______________ in Reserve Bank of India was constituted for surveillance on financial markets.

The Reserve Bank of India was established in 1935 with a capital of _____ crore.

Compromise Settlement Scheme is provides a simple mechanism for recovery of NPA. Compromise Settlement Scheme is applied to advances below ———-

___________ is a specifically delineated duty-free enclave and shall be deemed to be foreign territory for the purposes of trade operations and duties and tariffs.

Which organization/bureau can help by maintaining a data bank which can be assessed by all lending institutions?

Which among the following Incentives and facilities offered to the SEZs is not correct-

Lok Adalats have been found suitable for the recovery of small loans. They cover NPA up to ——-

DRT has been constituted under Section 3 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. DRT stands for-

The main objectives of the SEZ act are-

Securitization act 2002 is enables the banks to issue notices to defaulters who have to pay the debts within __________ days.

SEZs Policy was announced in _________ with the objective of making the SEZs an engine for economic growth, supported by quality infrastructure and an attractive fiscal package both at the Central and State level with a single window clearance.

In which among the following year Asia’s first EPZ was set up?

Which committee has recommended the setting up of Special Tribunals to reduce the time required for settling cases?

Asia’s first EPZ was set up in-

A ______________ is one where loss has been identified by the bank or internal or external auditors or the RBI inspection but the amount has not been written off wholly.

India was one of the first in Asia to recognize the effectiveness of the EPZ model in promoting exports. EPZ stands for-

With effect from March 31, 2005, an asset would be classified as _____________ if it has remained in the sub­standard category for a period of 12 months.