Classical

June 2015 - Paper 3

41:  

Interest earned by a depositor against a deposit with a commercial bank for custodial service :

A.

is a fund based income

B.

is a fee based income

C.

is a combination of fund and fee based gain

D.

is a commitment based gain

 
 

Option: A

Explanation :


42:  

Match the items in List - I with the items in List - II :

List – I

List – II

(a) ATM card

(i) NPA

(b) Debts due for more than 30 days

(ii) John Shephard Barron

(c) Micro finance

(iii) State Finance Corporations Act

(d) State level finance corporations

(iv) NABARD

Codes:

 

 

A.

(i) (iii) (ii) (iv)

B.

(ii) (i) (iv) (iii)

C.

(iv) (iii) (ii) (i)

D.

(ii) (i) (iii) (iv)

 
 

Option: D

Explanation :


43:  

The operations of banks and financial institutions are regulated by :

A.

The RBI Act 1934 only

B.

The Banking Regulation Act 1949 only

C.

Information Technology Act 2000 only

D.

All of the above

 
 

Option: D

Explanation :


44:  

To operationalise online, internet, mobile banking, debit card and credit card tools, some of the essential ingredients are :

A.

Compliance with the Information Technology Act 2000

B.

Satellite connection

C.

Selection of a portal and server

D.

All of the above

 
 

Option: D

Explanation :


45:  

Any country consistently facing balance of payment deficiency can approach :

A.

The World Bank

B.

The Smithsonian Institute

C.

IMF

D.

The IMF and the IBRD

 
 

Option: C

Explanation :




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