57.

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63.

64.

Bank of Calcutta and Bank of Bengal were the names ग bank.

(A) RBI (B) SBI
(C) Canara Bank (D) Central Bank of India

Principle functions of banks are :
൫ Accepting deposits
(1) Lending
(ii) Investing
(iv) Non-fund business and remittance services
(¢) Only 0) and (ii) (B) Only (i), (ii) and (iii)
(C) Only (iv) 0) 0), (ii), 61) and (ए)

The objectives of KYC are :
(A) To ensure that he/she would not deceive the bank.
(B) To ensure appropriate customer identification.

(C) To monitor transactions of suspicious nature.
(D) Only (B) and (C)

What relationship is created when the bank collects a cheque is clearing?
(^) Holder for value
(B) Collecting bank and holder
(C) Agent and principal
(D) Clearing member and principal

Credit risk to the bank is high from the :
(^) Credit card holders (B) Debit card holders
(C) Both the above (D) None of the above

Garnishee order is issued by 8 :
(A) Police officer (B) Revenue officer
(0 CID (D) Courts of law

Sans recourse means :
(A) Without fear (B) Without physical touch
(C) Without liability to me (D) Without liability to payee

Under farm mechanization scheme, loan is given to farmer for :
(A) Providing cultivation expenses
(B) Providing irrigation facilities
(C) Purchase of farm equipment
(D) All of the above

026/2020
[?.7.0.]