Banking awareness quiz 34

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Q 1)SAT is a statutory body established under the provisions of Section 15K of the SEBI Act, 1992 to hear and dispose of appeals against orders passed by the SEBI , What is the fullform of SAT ?

Securities Appellate Treaty

Securities Appellate Tribunal

Securities Appeal Tribunal

Securities Authorities Tribunal

Q 2)Which of the follwing is false ?

If the Loan remained NPA for a period less than or equal to 12 months then it is known as substandrd Asset

a doubtful asset is one which has remained NPA for a period exceeding 12 months.

Loss assets, where loss has been identified by the bank, internal or external auditor or central bank inspectors. But the amount has not been written off, wholly or partly.

Securisation act 2002 enables the bank to issue notices to defaulters who have to pay debts with in 30 days.

Q 3) Which of the following is the regulator of the credit rating agencies in India ?

Reserve bank of India

Securities exchange board of India

ICRA

NABARD

Q 4) Which Ecomomic outlook is released ?

World bank

International monetary fund

Asian development bank

UNICEF

Q 5) Which of the following is false ?

The prime rate is the interest rate that commercial banks charge their most credit-worthy customers.

The prime interest rate, or prime lending rate, is largely determined by the federal funds rate.

A subprime loan is a type of loan offered at a rate below prime Loan

Sub-prime lending Lending to the people who cannot return the loans

Take More Banking Awareness Quizzes from below

• Banking awareness quiz 36(Scheduled banks)
• Banking awareness quiz 35(NBFCs)
• Banking awareness quiz 33 (Money market)
• Banking awareness quiz 32
• Banking awareness quiz 31

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