Current Affairs-Major Financial and Economic News (Bank-PO General-Awareness): Questions 350 - 353 of 600

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Question number: 350

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

RBI extended date of exchanging pre-2005 notes from April 1, 2014 to ________.

Choices

Choice (4) Response

a.

Jan 30, 2015

b.

Jan 10, 2015

c.

Jan 1, 2015

d.

Question does not provide sufficient data or is vague

Question number: 351

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2014

MCQ▾

Question

The Reserve Bank of India has tightened norms for asset reconstruction companies. What are these norms?

Choices

Choice (4) Response

a.

ARCs would get up to six months to plan recoveries from the non-performing assets acquired.

AND

ARCs will have to pay upfront 15 per cent of the bid value of non-performing loans, against five per cent earlier.

b.

They will also have to disclose the details of the assets disposed of at substantial discount during a year and the reasons for this.

c.

ARCs will have to mandatorily disclose the basis of valuations in case the acquisition value of assets is more than the book value.

d.

All a. , b. and c. are correct

Question number: 352

» Current Affairs » Major Financial and Economic News

MCQ▾

Question

Government of India has accepted which panel report on review of depository receipts scheme?

Choices

Choice (4) Response

a.

Y. H Committee

b.

Sahoo panel

c.

Bimal Jalan Committee

d.

Question does not provide sufficient data or is vague

Question number: 353

» Current Affairs » Major Financial and Economic News

Appeared in Year: 2015

MCQ▾

Question

Which bank has launched India’s First digital bank Pockets? (Feb. )

Choices

Choice (4) Response

a.

Andhra Bank

b.

Yes Bank

c.

ICICI Bank

d.

Corporation Bank

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