Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act popularly known as SARFAESI Act was enacted in which of the following year:

Related MCQs

• Before which for a can an asset reconstruction company file an application for enforcement of its security interest:
• Benefits of securitization include all of the following EXCEPT:
• Which of the following is not a security interest:
• Who shall be responsible for furnishing information on modification and satisfaction of security interest:
• When a financial institution sells a mortgage with recourse, the financial institution retains a credit risk liability in the event the buyer returns the mortgage.
• Which section of Banking Regulation Act 1949 relates with the Power of Reserve Bank to issue directions in respect of stressed assets?
• As per the provisions of which act all financial institutions have to maintain a record for all form of transactions?
• When financial institutions and banks undertake activities related to banking like investment, issue of debit and credit card etc then it is known as _____________________.
• Which of the following is/are true about the Negotiable Instruments Act, the Promissory Note is … A) Definition of Promissory Note is given in section 8 of the Negotiable Instrument Act B) Containing an unconditional undertaking C) To pay a certain sum of money only to a specific person or the bearer D) The seller is bound to accept the promissory note E) A document was written and signed by the payer/maker
• A cheque has been deposited by a customer with his bank for collection. The bank allows overdraft against the security thereof. The bank becomes