user profile pic

Search

#
Question 1.

Which statement is incorrect about Collateral Security?

A.

These are any assets other than primary securities, which are kept as security against taking credit or a loan.

B.


It can also be issued by a third party or any intermediary.

C.


a factory for which u have taken loan and kept that as security, taken loan for a car and kept that as security, etc.

D.


taking a personal loan and mortgaging your house, hypothecation of jewellery against any loan, etc.

Explanation :

a factory for which u have taken loan and kept that as security, taken loan for a car and kept that as security, etc. It is not correct.

#
Question 2.

Mobile Money Identifier (MMID) is a 7 digit unique number issued by the bank. What are the last three digits represent? 

A.

to identify the account of the user

B.

to identify the branch of the user

C.

to identify the bank of the user

D.

None of these

Explanation :

Last three digits of MMID helps --to identify the account of the user

#
Question 3.

 Permanent Account Number (PAN) is used to identify the  Indian nationals and regular Income Tax payer under the________

A.

Indian Income Tax Act, 1981

B.

Indian Income Tax Act, 1961

C.

Indian Income Tax Act, 1971

D.

None of these

Explanation :

 Permanent Account Number (PAN) is used to identify the  Indian nationals and regular Income Tax payer under the Indian Income Tax Act, 1961.

#
Question 4.

How many digits in BSR (Basic Statistical Returns) code?

A.

9

B.

10

C.

11

D.

None of these

Explanation :

BSR has code has 7 digits.

#
Question 5.

 Society for Worldwide Interbank Financial Telecommunication (SWIFT) is 8 to 11 __________.

A.

digit code

B.

Alphabetic code

C.

Alpha numeric code

D.

None of these

Explanation :

 Society for Worldwide Interbank Financial Telecommunication (SWIFT) is 8 to 11 --Alphabetic code.

Contact Us for any Query

Please mail us at :
admin@govjobadda.co.in

Email Subscription

Nobody likes to be blocked, Not Even Ads !
Please disable Adblockers and refresh this page to continue using GovJobAdda.