Wednesday, 19 April 2017

Banking Questions Test (MCQ)- 51


1. Stamped receipt is required for payment of:
a) Over Rs.500/-                b) Over Rs.1000/-   

c) Over Rs.5000/-              d) None of the above

2. Period of limitation for a decreed debt is ----- years from the date of decree
a) 3                         b) 12                      
c) 10                       d) None of the above

3. Period of limitation for filing an appeal to High Court against the judgment of a lower court is … days
a) 30             b) 60             c) 90             d) None of the above

4. A Demand promissory Note is dated 01.06.2013, the last date by which suit can be filed is …
a) 01.06.2016                    b) 01.06.2018                   
c) 01.06.2015                    d) None of the above

5. The limitation period for exercising right of foreclosure in case of mortgage is …
a) 3 years     b) 12 years              c) 30 years              d) None of the above

6. CIBIL is a --------- of information on credit history of the customers
a) Depository           b) Repository           c) Authority   d) None of the above

7. The Trans-union score CIBIL represents the scale from … to … marks
a) 100-1000            b) 300-1000            c) 300-900    d) None of the above

8. For getting CIBIL report we have to provide …
a) PAN          b) Voter ID    c) Both          d) Any one of these

9. What is the time limit prescribed by the DRT Act for final disposal of application filed for recovery of dues?
a) 180 days from the date of receipt of application
b) 90 days from the date of receipt of application
c) One year from the date of receipt of application      
d) None of these
10. The DRTs are constituted by …

a) RBI           b) Central Govt.       c) Supreme court     d) None of these

Answer-
1
2
3
4
5
6
7
8
9
10
c
b
c
a
c
b
c
d
a
b

If anyone of you are facing any problem in any question, you could just ask in the comment box. We will try to help you according to your problem. 

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