JUNE 2013 - Paper 2

46:  

Section 131 of the Negotiable Instruments Act extends protection to the _________ .

A.

Collecting Banker

B.

Paying Banker

C.

Advising Banker

D.

Confirming Banker

 
 

Option: A

Explanation :

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47:  

Master budget is a

A.

Functional Budget

B.

Operating Budget

C.

Summary Budget

D.

Financial Budget

 
 

Option: D

Explanation :

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48:  

RBI ensures that banks operate within the set norms by conducting ______ inspections and _______ monitoring.

A.

on site, off site

B.

off site, on site

C.

on site, field

D.

field, on site

 
 

Option: A

Explanation :

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49:  

In the call/notice money market, which of the following participants is allowed to trade?

A.

All Banks, Primary Dealers and Mutual Funds

B.

All Corporates

C.

Only Commercial Banks

D.

All of the above

 
 

Option: C

Explanation :

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50:  

Who has suggested that achievement motivation among individuals and nations can be developed through training courses?

A.

MeClelland

B.

Alderfer

C.

Maslow

D.

Herzberg

 
 

Option: B

Explanation :

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