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When was Reserve Bank of India Established?
1). 1 April 1935
2). 26 Jan 1950
3). 1 Jan 1948
4). 14 April 1948

Debt Recovery Tribunals which were set up after the passing of Recovery of Debts due to Banks and Financial Institutions Act (RDBBFI), 1993. This Act was amended in?
1). 2016
2). 2014
3). 2015
4). 2017

Which of the following is defined as the loan for a senior citizen, who has a self-acquired or self-occupied home?
1). Mortgage system
2). Senior citizen loan
3). Reverse Mortgage system
4). Senior citizen capital loan

The first bank of limited liability managed by Indians was ________.
1). Bank of Rohilkhand
2). Bank of Madras
3). Alliance Bank of Simla
4). Oudh Commercial Bank

An account that a bank holds in a foreign country in another bank is known as _______.
1). Escrow Account
2). Cash Account
3). Nostro Account
4). Savings Account

The maximum tenure of fixed deposit accounts in India can be –
1). 5 years 
2). 10 years 
3). 15 years 
4). 20 years

In Indian banking system, the primarily liable on a cheque is the __________?
1). Drawer
2). Drawee
3). Collection banker
4). Paying banker

Which of the following statements are true in regards NBFC?
1). A NBFC can accept demand deposits
2). A NBFC can issue cheques
3). Credit Guarantee Corporation is available to depositors of NBFCs
4). A NBFC can extend loans and advances

First bank to start non-UTI mutual fund in India?
1). ICICI Bank
2). HSBC Bank
3). HDFC Bank
4). SBI Bank

Who serves as the chairperson of Financial Stability and Development Council (FSDC)?
1). Prime Minister
2). Chairman of SEBI
3). Governor of RBI
4). Union Finance Minister

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