Q.101)-What is the maximum amount of compensation under Banking Ombudsman scheme 2006?
  • Rs.4 lakh
  • Rs.3 lakh
  • Rs.5 lakh
  • Rs.10 lakh
Q.102)-How much amount to be charged by the Banking Ombudsman for filing and resolving customers’ complaints?
  • Rs.15
  • Rs.50
  • Rs.100
  • No fee
Q.103)-The Indian Banks’ Association (IBA) is an association of Indian banks and financial institutions having headquarters in
  • Mumbai
  • New Delhi
  • Bengaluru
  • Hyderabad
Q.104)-Which of the following Act provides provisions for regulation of credit information companies?
  • Companies Act, 1956
  • Companies Regulation Act, 2005
  • Information Technology Act, 2000
  • Banking Regulation Act, 1949
Q.105)-Which of the following Act refers to the acquisition and transfer of the undertakings of certain banking companies?
  • Companies Act, 1956
  • Credit Information (Companies Regulation Act, 2005)
  • Bankings Companies (acquisition and transfer of undertakings)
  • Banking Regulation Act, 1949
Q.106)-Which act provides legal recognition for transactions carried out by means of electronic communication, commonly referred to as e-commerce?
  • Companies Act, 1956
  • Credit Information (Companies Regulation Act, 2005)
  • Information Technology Act, 2000
  • Banking Regulation Act, 1949
Q.107)-As per the provisions of which act, all financial institutions have to maintain a record for all form of transactions?
  • Companies Act, 1956
  • Credit Information (Companies Regulation Act, 2005)
  • Information Technology Act, 2000
  • PMLA Act, 2002
Q.108)-The income of a Bank is chargeable to income tax under which section of Income Tax Act, 1961?
  • Section 28
  • Section 29
  • Section 31
  • Section 32
Q.109)-Vikram Pandit is related to banking company?
  • 1983
  • 1982
  • 1984
  • 1985
Q.110)-Small Industries Development Bank of India (SIDBI), set up under which Act?
  • SIDBI Act–1989
  • SIDBI Act–1987
  • SIDBI Act–1986
  • SIDBI Act–1985