Notes in law relevant to bank 15

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Published	11/15/2024	Legal recourse on dishonour of NACH/SI is as per ?
Published	11/15/2024	According to the section______of the Reserve Bank of India act,1934,the bank has authority to issue banknotes of 11 denominations.
Published	11/15/2024	Pecuniary jurisdiction for DRT is -------
Published	11/15/2024	In what way 13(2) notice and 13(4) notice are grossly different?
Published	11/15/2024	_________Act vests powers in RBI for inspection of books of any banking company at any time
Published	11/15/2024	Which of the following information is exempted from disclosure under RTI Act?
Published	11/15/2024	Banking Regulation act came into effect in which year?
Published	11/15/2024	The Banking Ombudsman Scheme is introduced under which of the following sections in Banking Regulation Act 1949 ?
Published	11/15/2024	Section 13(8) of the SARFAESI Act enables the borrower with ?.........
Published	11/15/2024	Every Award of the Lok Adalat under the Act shall be deemed to be a ?..........................
Published	11/15/2024	In suit filed cases, Limitation period of decree is
Published	11/15/2024	What is the timeline for the bank to file an appeal before the appellate authority in case of integrated Ombudsman Scheme 2021
Published	11/15/2024	What is the maximum compensation that the integrated banking ombudsman can award on account of the loss of complainants time expense harassment and me…
Published	11/15/2024	Under which rule is the Certificate of Sale for movable property issued according to the Security Interest (Enforcement) Rules, 2002?a) Rule 9(6)b) Ru…
Published	11/15/2024	Under which rule is the Certificate of Sale for immovable property issued according to the Security Interest (Enforcement) Rules, 2002 ?a) Rule 7(2)b)…
Published	11/15/2024	Borrower has requested to stop the payment of an invoked bank guarantee.
Published	11/15/2024	Who is the regulatory authority for corporate Insolvency as per IBC 2016?
Published	11/15/2024	Hypothecation is defined under Section __ of SARFAESI Act 2002.
Published	11/15/2024	The Banking Ombudsman Scheme was introduced by RBI under the powers conferred by Section 35(A) of the Banking Regulation Act in the year ?
Published	11/15/2024	Which of the following is the Appellate Authority in case of Banking Ombudsman decisions?
Published	11/15/2024	How many days does the complainant have to accept the Banking Ombudsman’s award as a full and final settlement of their claim?
Published	11/15/2024	If a party is aggrieved by the Banking Ombudsman’s decision, they can appeal within how many days of receiving the communication?
Published	11/15/2024	The Banking Ombudsman shall send a report to the Governor of the Reserve Bank of India by which date every year, containing a general review of the ac…
Published	11/15/2024	If the Banking Ombudsman’s award is not accepted by the complainant within 30 days, the award:
Published	11/15/2024	The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, was published in the Gazette of India on:
Published	11/15/2024	If the Internal Committee's recommendations are not implemented by the employer, a penalty can be imposed under which section of the Sexual Harassment…
Published	11/15/2024	What is the minimum number of employees in an organization for the mandatory constitution of an Internal Committee under the Sexual Harassment Act?
Published	11/15/2024	The Presiding Officer of the Internal Committee must be:
Published	11/15/2024	Under Section 2(77) of the Companies Act, 2013, which of the following is NOT considered a "relative"?
Published	11/15/2024	On which of the following, a garnishee order is not applicable?
Published	11/15/2024	According to the 'RTI Act, 2005', as far as exempted organizations are concerned, the exemption applies to:
Published	11/15/2024	Under COPRA 2019, what is the limit up to which State Forum can handle cases?
Published	11/15/2024	Who among the following is the competent authority to issue "Garnishee orders"?
Published	11/15/2024	Lok Adalat has been given statutory status by?
Published	11/15/2024	Post decree in favour of the bank, the nomenclature of borrower(s) and guarantor(s) change to?
Published	11/15/2024	Non-Profit Organization means any entity or organisation that is registered under ?
Published	11/15/2024	As per Sec 138, NI Act, after bouncing of a cheque due to insufficient funds, the payee should make a demand for the money from the drawer within ____…
Published	11/15/2024	TDS deducted during the month should be deposited to the credit of the Government Account (except for March month) ______.A. Before 1st of subsequent …
Published	11/15/2024	Banker's lien is defined in ______ Sec of the Indian Contract Act 1872.A. Sec.124B. Sec.126C. Sec.171D. Sec.11Ans {{c1:: Section 171}}
Published	11/15/2024	Borrowing powers of Directors of a company are found in:A. Memorandum of AssociationB. Articles of AssociationC. Certificate of Commencement of Busine…
Published	11/15/2024	Retention period for Power of Attorney Registered is ____ years.A. 25B. 30C. 50D. 60ANs {{c1::60}}
Published	11/15/2024	Claims under COPRA 1986, up to Rs. 1 crore are to be made before ______.A. District Consumer Redressal CommissionB. State CommissionC. National Commis…
Published	11/15/2024	Account Payee Crossing is recognized under which Act?A. Negotiable Instruments Act 1881B. Banking Regulation Act 1949C. It is a Banking Practice…
Published	11/15/2024	Customer is defined in:A. BR ActB. NI ActC. RBI ActD. PMLA 2002ANs {{c1::PMLA 2002}}
Published	11/15/2024	Sri Ram Traders, a partnership firm has 3 partners A, B & C. The a/c is operated by A or B singly and C is a sleeping partner. C instructs the ban…
Published	11/15/2024	Guarantees are defined in:A. Indian Contract ActB. Banking Regulation ActC. NI ActD. Transfer of Property ActAns {{c1::Indian Contract Act}}
Published	11/15/2024	The term Allonge refers to:A. The sheets of paper used in a Sale deedB. The stamps affixed on a documentC. A sheet of paper attached to a mortgage dee…
Published	11/15/2024	Clayton's rule is applicable in case of:A. Term loan & cash creditB. Demand loan & overdraftC. Term loan & overdraftD. Cash credit & o…
Published	11/15/2024	Pari Passu charge refers to:A. Ranking equally to all lendersB. Ranking in proportion to the lender’s share in total advancesC. Ranking as per t…
Published	11/15/2024	The limitation period for a mortgage is ______.A. 3 years from the date of mortgageB. 12 years from the date of mortgageC. 12 years from the date of m…
Published	11/15/2024	Banker's lien is a:A. HypothecationB. MortgageC. Implied pledgeD. AssignmentAns {{c1::Implied pledge}}
Published	11/15/2024	Super Senior Citizen or Very Senior Citizen is a person whose age is ____ years and above.A. 60B. 65C. 70D. 80Ans {{c1::80}}
Published	11/15/2024	Under Section ____ of the RBI Act, the issue of bearer draft is prohibited.A. 31B. 42C. 45D. 49Ans {{c1::31}}
Published	11/15/2024	Under a Garnishee Order, Garnishee means:A. Account holderB. Judgement CreditorC. Debtor of the Judgement debtorD. CourtAns {{c1::Debtor of the Judgem…
Published	11/15/2024	Under {{c1::Section 8: Name of the Section }} of RTI act exemption from disclosure of personal infomration, commercial confidence, Fiduciary Informati…
Published	11/15/2024	Which statement is true about Yono Cash?A. Maximum of 1 active transaction is permitted in a dayB. Maximum of 2 active transactions are permitted in a…
Published	11/15/2024	Which is not true about YONO eligibility?A. Resident Individual, aged 18 years and aboveB. Possess an Aadhaar card, with complete address, and PAN car…
Published	11/15/2024	What is the helpline number for YONO?A. 1800110001B. 1800111109C. 1800111101D. 1800110009Ans {{c1::1800111101}}
Published	11/15/2024	Which one is correct about OD against Fixed Deposit in YONO?A. 90% against TDRB. Face value of the deposit should not be less than ₹25,000C. OD cannot…
Published	11/15/2024	Yono Krishi is available in ___LanguagesA. 12B. 15C. 18D. 20Ans {{c1::12}}
Published	11/15/2024	Reference Number generated in YONO is valid for____ daysA. 7B. 15C. 30D. 90Ans {{c1::15 Days}}
Published	11/15/2024	An incomplete application is available for the customer to resume and complete within _______ days from the start date.A. 7B. 15C. 30D. 90Ans {{…
Published	11/15/2024	The Disaster recovery site is located at ___ for ATMA. HyderabadB. BangaloreC. ChennaiD. MumbaiAns {{c1::Chennai}}
Published	11/15/2024	The Disaster recovery site is located at ___ for CBS and INBA. HyderabadB. BangaloreC. ChennaiD. MumbaiAns {{c1::Hyderabad}}
Published	11/15/2024	If a user requires any change in hardware or software settings whom should he/she contact?A. IT HeadB. Head of DepartmentC. System Administrator…
Published	11/15/2024	In the event of loss of an official laptop, whom should be contacted immediately?A. Police stationB. Controller & Information Security DepartmentC…
Published	11/15/2024	Information Security Department is headed byA. CGM Risk ManagementB. DMD & CROC. ChairmanD. CGM & Group CISOAns {{c1::CGM & Group CISO}}
Published	11/15/2024	Who is responsible for the selection of encryption technology for Data security?A. Head of departmentB. Head of IT departmentC. Information Security D…
Published	11/15/2024	Who is authorized to block ports through a firewall?A. IT-Networking dept. as advised by ISDB. ISDC. Service ProviderD. System AdministratorAns {{c1::…
Published	11/15/2024	ISC stands forA. Information Security CouncilB. Information Security CorporationC. Information Security CommitteeD. None of the aboveAns {{c1::Informa…
Published	11/15/2024	Security incidents should be reported by the Branch Manager to {{c1::IT - RMD through service desk}}
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