BANKING QUIZ PART -19
A. National Automated Clearing House
B. National Automatic Clearing House
C. National Automated Clearing Home
D. National Auto Clearing House
Q2. An NRO account can not be opened by which of the following ?
A. Aan NRI
B. A person of Indian origin
C. A foreign national on short visit to india
D. A resident Indian
Q3. Export trade in India is regulated by ?
A. RBI
B. SEBI
C. DGFT
D. ALL of the above
Q4.FEDAI stands for ?
A. Foreign exchange dealers association of India
B. Foreign exchange dealing association of India
C. Forex dealers association of India
D. Foreign exchange dealers association for India
Q5.An exchange earners' foreign currency (EEFC) can be opened as?
A. Current account
B. Saving bank account
C. Fixed deposit account
D. Any of these
Q6.What is the objective of enactment of FEMA ?
A. To regulate forex markets all over the world
B. To conserve forex
C. To put restriction on use of forex for the development of foreign trade
D. To facilitate orderly management of forex market and facilitate foreign trade in india
Q7.SARFAESI stands for ?
A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act
B. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Agreement
C. Securitisation and Redevelopment of Financial Assets and Enforcement of Security Interest Act
D. Securitisation and Reconstruction of Financial Assets and Enforcing the Security Interest Act
Q8.“Relationship beyond banking” is the tagline of ?
A. Corporation Bank
B. Bank of India
C. Bank of Maharashtra
D. NONE
Q9.Deduction of tax at source provision for payments other than salaries are covered under section________of ________act ?
A. section 192 of income tax act
B. section 193 of income tax act
C. section 192 of finance act
D. section 194 of income tax act
Q10. Mastercard announced ____________, a quick response (QR) mobile payments solution on November ?
A. Mastermobile QR
B. Masterpass QR
C. Masterpay QR
D. Mastercard QR
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