Thursday, 20 April 2017

Banking Questions Test (MCQ)- 52



1. What is the minimum pecuniary jurisdiction of DRT?
a) Rs.10 lacs    b) Rs.15 lacs    c) Rs.20 lacs       d) None of these


2. What is the minimum pecuniary jurisdiction of DRT?
a) Rs.10 lacs           b) Rs.15 lacs     c) Rs.20 lacs          d) None of these

3. An appeal to the Appellate Tribunal is to be made within ------ days of the order of the DRT 
a) 30             b) 45             c) 60             d) 90

4. The following organizations purchase Non Performing Assets from Banks 
a) Asset Management Companies          b) Asset Reconstruction Companies
c) Asset Recovery Companies                d) None of the above

5. In case of consortium/multiple finance asset can be sold to ARC at a price as agreed by minimum … % by member banks by value 
a) 50             b) 60             c) 75             d) None of the above

6. SARFESI Act, 2002 is not applicable if the loan amount to be recovered is Rs. … or less
a) Rs.1 lac    b) Rs.5 lac    c) Rs.10 lacs           d) None of the above

7. CERSAI is established by … 
a) RBI           b) SEBI         c) Central Govt.       d) IBA

8. The pecuniary limit fixed under the SARFAESI Act for appeal to DRT is Rs. …
a) 10 lacs      b) No pecuniary limit          c) Rs.1 lac    d) None of the above


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