Banking awareness quiz 43 (on Loans - 4 )

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Q 1)Asset reconstruction companies empowers banks & FI's to recover NPA's without intervension of court , What is the act behind the formation of ARC's ?

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

Secure and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

Securitisation and Reconstruction of Financial Assets and Entitlement of Security Interest Act, 2002

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2000

Q 2) What is the minimum loan amount to submit for ARC's by banks for recovery ?

Rs 2 lakhs

Rs 1 lakh

Rs 1 crore

Rs 10 lakhs

Q 3)When the first Asset reconstruction company (ARCIL) established in india ?

2007

2004

2002

2003

Q 4)Before loan become NPA banks has to classify them into SMA - 0 , SMA - 1 , SMA -2 so as to corrective action , What is the fullform of SMA ?

Special mentioned asset

Super materialized asset

Special mentioned account

Super materialized account

Q 5)For Big loans given by Consortium of Banks have to establish Joint lenders forum at SMA-2 stage , What is the minimum amount to estalbish JLF ?

Rs 800 crore

Rs 200 crore

Rs 500 crore

Rs 100 crore

Q 6) Under ______ Scheme, banks who have given loans to a corporate borrower gets the right to convert the full or part of their loans into equity shares in the loan taken company .

Strategic Debt Restructuring

Strategic Debt Remittance

Staic Debt Restructuring

Strategic Debt Refinancing.

Q 7) What is the difference between expenditure and revenue of governemnt ?

Fiscal deficit

Monetary deficit

revenue deficit

Market deficit

Q 8) Which of the following will be used to preserve the intrensic value of the rupee ?

Fiscal Policy

Monetary Policy

Revenue Policy

Strategic Policy

Q 9)Which of the follwing not represets the structural deficiencies in the system ?

Inadequate Infrastructure

No proper post harvesting facilities

Proper regional connectivity through air ways

Improper cold storage facilities

Q 10) MCLR methodology for fixing interest rates for advances / loans was introduced by RBI with effect from April 1, 2016 by replacing Base rate , What is the full form of MCLR ?

Marginal cost of asset based lending rate

Marginal cost of funds based lending ratio

marginal cost of asst based lending ratio

Marginal cost of funds based lending rate

Take More Banking Awareness Quizzes from below

• Banking awareness quiz 48(On NI Act & Banks centres classification )
• Banking awareness quiz 47(On NPCI )
• Banking awareness quiz 46(On Payments & Settlements )
• Banking awareness quiz 45(On RBI Part 2)
• Banking awareness quiz 44(On RBI)

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