Banking awareness quiz 10

Banking awareness quiz
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Q 1)When there is bad loans in financial institutions & banks above 1 lakh to recover them we use SARFAESI act , Full form of SARFAESI ?

secuitization and reestablishment of financial assets and enforcement of security interest

secuitization and reconstrucion of financial assets and enforcement of security interest

secuitization and reconstrucion of financial assets and encouragement of security interest

secuitization and reconstrucion of financial liabilities and enforcement of security interest

Q 2)Maximum amount of crop loan with interest subvention being given to each farmer ?

2 lakh rupees
1 lakh rupees
3 lakh rupees
4 lakh rupees

Q 3)Which one of the following is false ?

Drawer and payee are the same for self cheques

The cheque which is more than 6 months old is a stale cheque

imperial bank of india was the central bank of india from 1921 to 1930

SENSEX is the index of top 30 companies

Q 4)Which of the following not related to Zero balance account ?

no - frills account
BSBD accounts
PMJDY accounts
current accounts

Q 5)What is the minimum amount to deposit to get bulk deposit account ?

Rs 1 crore
Rs 2 crore
Rs 0.5 crore
Rs 1.5 crore

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