Which one of the following is not a feature of Limited Liability Partnership firm? [IAS 2010]
Partners should be less than 20
Partnership and management need not be separate
Internal governance may be decided by mutual agreement among partners
It is a corporate body with perpetual succession
Correct Answer :
A. Partners should be less than 20
Related Questions
Basel Committee has given its recommendations on which of the following aspects of banking operations? [RBI Grade B Officer 2011]
Marketing of bank products
Priority sector lending
Risk Management
All of the above
The Imperial Bank of India, after nationalisation was given the name of:
Reserve Bank of India
Bank of India
State Bank of India
Indian Overseas Bank
Which of the following is the Banker of the Banks? [Railways 1995]
IDBI
SBI
RBI
SBI and RBI
What is the difference between Debentures and Equity?
Debentures are sealed bonds acknowledging that money has been borrowed; equity is a shareholder's share voting rights in proportion to his shareholding
An equity shareholder cannot withdraw his amount whereas debentures can be withdrawn by taking back the amount
Equity shareholding is more risky, compared to debentures which are bound to return good interest on the principal
Both debenture and equity holders have the right of voting irrespective of the proportion of holdings but debentures are of lower value than equity
The central banking functions in India are performed by the: [CPO AC 2003]
Central Bank
State Bank of India
Reserve Bank of India
Both b. and c.
The arguments to support opening up of the Insurance sector in India were:
1. It will provide wider choice to customers
2. It will infuse competition and efficiency
3. It will widen the base of long term funds
4. It will improve balance of payments position
Choose the correct answer from:
1, 2
2, 3
1, 2, 3
1, 2, 3 and 4
Which of the following is not an affiliate of the Reserve Bank of India?
Unit Trust of India
The Industrial Development Bank of India
Agricultural Refinance Corporation
Deposit Insurance Corporation
Which of the following organisations in India is mainly' working to meet the credit needs of all types of agricultural and rural development activities?
FCI
IDBI
NABARD
ICAR
Which bank gives long term loan to farmers?
NABARD
Land Development Bank
SBI
Rural banks
In India, the bank NABARD does not provide refinance to : [CDS 2002]
Scheduled Commercial Banks
Regional Rural Banks
Export-Import Banks
State Land Development Banks
Bank rate is the rate at which:
a bank lends to the public
the Reserve Bank of India lends to the public
the Government of India lends to other countries
the Reserve Bank of India gives credit to commercial banks
In 1921, the Presidency Banks of Bengal, Madras and Bombay were nationalised to give birth to:
Punjab National Bank
Syndicate Bank
State Bank of India
Punjab and Sindh Bank
Regional Rural Banks are designed to work in which of the following ideals? [IAS 1988]
Work on basics of commercial banks
Help the targetted groups
Keep lending rates lower than cooperative institutions
Work on innovative and adaptive ideals
Which of the following provides the largest part of the demand for loanable funds in India?
Farmers
Private-house purchasers
Corporate businesses
Hire-purchase borrowers
The system of value added taxation is applicable to:
excise duties
income tax
estate duty
taxes on agricultural income
The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called: [IAS 1998]
SBRC (Statutory Bank Ratio)
SLR (Statutory Liquid Ratio)
CBR (Central Bank Reserve)
CLR (Central Liquid Reserve)
The oldest stock exchange of India is :
Bombay Stock Exchange
Ahmedabad Stock Exchange
Bangalore Stock Exchange
Hyderabad Stock Exchange
Which of the following statements regarding Regional Rural Banks (RRB) in India is/are correct ?
1. The basic aim of setting up the RRBs is to develop rural economy.
2. The area of RRBs is limited to a specific region comprising one or more districts.
3. RRBs are sponsored by Commercial Banks.
Select the correct answer using the code given below: [Asstt Commdt 2011]
1 only
1 and 2 only
2 and 3 only
1, 2 and 3
In order to be scheduled to the Reserve Bank of India, a bank should have capital and reserve of not less than:
1 lakh
5 lakhs
10 lakhs
50 Iakhs
Consider the following statements: [IAS 2004]
1. The National Housing Bank, the apex institution in housing finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India
2. The Small Industries Development Bank of India was established as a wholly owned subsidiary of the Industrial Development Bank of India
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Which of the following combinations is correct? [IFS 1989]
NABARD-Industrial Loans
IDBI-Short term loans
RBI-Long term finance
RRB-Agricultural finance
A crossed cheque is one, which can be encashed only: [IFS 1991]
by the drawee
through a bank,
at the State Bank of India
after it has been transferred to another person
The number of Banks nationalised since 1969 is : [PCS 1994]
8
12
14
20
'Sub Prime Lending' is a term applied to the loans made to ___ [Punjab & 5indh Bank 2011]
those borrowers who do not have a good credit history.
those who wish to take loan against the mortgage of tangible assets.
those who have a good credit history and are known to bank since 10 years.
None of the above
Which one of the following statements is not correct? [CDS 2009]
The National Association of Securities Dealers Automated Quotations known as NASDAQ, is an American stock exchange
Nikkei is the stock market index for the Tokyo Stock Exchange
S and P CNX Nifty is the index for 50 large companies on the Bombay Stock Exchange
Hang Seng Indexes record daily changes of the largest companies of the Hong Kong stock market
Which of the following organisations prepare rural credit plans on annual basis for all districts in India, which in turn form the base for annual credit plans of all rural financial institutions? [RBI Grade B Officer 2011]
SIDBI
NABARD
RBI
Indian Bank's Association
The primary objective of Unit Trust of India is:
to assist the industries in financial difficulties
to diffuse the benefit of development among the masses
to accumulate funds for public investment expenditure
to promote the investment habit among those who have not been able to diversify investment risk
Consider the following statements:
1. life Insurance Corporation of India is the oldest insurance company in India.
2. National Insurance Company limited was nationalized in the year 1972 and made a subsidiary of General Insurance Corporation of India.
3. Headquarters of United India Insurance Company limited are located at Chennai.
Which of the statements given above are correct? [lAS2006)
1, 2 and 3
1 and 2, only
2 and 3, only
1 and 3, only
Which of the following statements is/are correct?
1. NIFTY is based upon 50 firms in India.
2. NIFTY is governed and regulated by the Reserve Bank of India.
3. NIFTY does not trade in mutual funds
Select the correct answer using the code given below: [CDS 2012]
1 only
2 only
3 only
1 and 3
Which of the following are under the purview of Industrial Development Bank of India?
1. Unit Trust of India
2. Life Insurance Corporation of India
3. Export-Import Bank
4. State Finance Corporation of India
1, 2 and 3
2, 3 and 4
1, 3 and4
1, 2 and 4