RBI & MONETARY Policy Topic Quiz - Easy Level (35 Questions)

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1.  

When the SEBI was established?


2.  

SCORES stands for?


3.  

The Investor Protection and Education Fund (IPEF) has been created by ______


4.  

Banking Ombudsman may award compensation not exceeding _____ to the complainant for mental agony and harassment. 


5.  

The Banking Ombudsman Scheme is introduced under ________ of the Banking Regulation Act, 1949.


6.  

When did the National Housing Bank start its operations?


7.  

How many Banking Ombudsmen have been appointed?


8.  

The Banking Ombudsman charge ______ fee for filing and resolving customers’ complaints.


9.  

If the compensation sought from the Banking Ombudsman is beyond _____the Banking Ombudsman may reject a complaint at any stage.


10.  

One can file the appeal against the award or decision of the Banking Ombudsman rejecting the complaint within ______ of the date of receipt of the Award


11.  

KYC guidelines have been issued under which section of Banking Regulation ACT 1949?


12.  

Which of the following objective/s is/are important under new KYC Norms?


13.  

Which type of banking is most helpful in cross-selling?


14.  

In case of Low Risk Customer Category, the fresh KYC should be obtained in:


15.  

Which of the following defines 'Para Banking' services?


16.  

NABARD was established on the recommendation of which committee?


17.  

Where is the headquarter of NABARD located?


18.  

What is the increase in application limit for retail investors?


19.  

The Banking Ombudsman is a senior official appointed by the ___________


20.  

What is the maximum amount of compensation under Banking Ombudsman scheme 2006?


21.  

What is the total number of banking ombudsman offices in India?


22.  

The Banking Ombudsman Scheme was first introduced in India in ________


23.  

The first Banking Ombudsman Scheme was revised in ________


24.  

The current Banking Ombudsman Scheme became operative from ________


25.  

How many banking ombudsman offices are there in New Delhi?


26.  

Which of the following banks are not covered under the Banking Ombudsman Scheme?


27.  

The Banking Ombudsman Scheme was introduced under which of the following acts?


28.  

A Banking Ombudsman will not entertain Credit Card complaints which are more than _______old.


29.  

What is the term used for the maximum interest rate that a firm can pay from available cash flow and still have enough cash flow to make all required principal and interest payments.


30.  

If one party rejects the Banking Ombudsman's decision then:


31.  

Banking Ombudsman has power to summon _______:


32.  

What is the maximum period a Banking Ombudsman can be appointed for?


33.  

Which of the following Bank Product is NOT covered under Banking Ombudsman Scheme?


34.  

What is the NABARD pilot project for digitisation of SHGs called?


35.  

Who regulates Venture Capital Fund Company in India?