1.In house loans, the prime security for the loan is generally (1)
(1) house property for which loan is granted
(2) personal guarantee of the borrower
(3) other property of the borrower
(4) personal guarantee of third party
(5) None of the above
2.On the current account balances maintained by the Regional Rural Banks with the Sponsoring Commercial Bank, interest is Payable at the rate of (4)
(1) 9%
(2) 6%
(3) as applicable to savings accounting
(4) mutually agreed to
(5) None of the above
3.To restrict expansion of credit, the Reserve Bank (1)
(1) raises the bank rate
(2) reduces the bank rate
(3) freezes the bank rate
(4) All of the above
(5) None of the above
4.Name the certifying authority of digital signatures in banking and financial sector (1)
(1) The IDRBT Certifying Authority
(2) Individual Banks
(3) Reserve Bank of India
(4) Indian Bank’s Association
(5) None of the above
5.Who are the major players in the call money markets? (5)
(1) Banks
(2) Insurance companies
(3) Development Financial Institutions
(4) Selected Mutual Funds
(5) All of the above
