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McqMate
Chapters
401. |
In India, banks cannot do hire purchase business without the permission of |
A. | SEBI |
B. | Central Govt. |
C. | State govt. |
D. | RBI |
Answer» D. RBI |
402. |
LIC was nationalised in the year |
A. | 1956 |
B. | 1954 |
C. | 1969 |
D. | 1972 |
Answer» A. 1956 |
403. |
Banking Regulation Act was passed in the year |
A. | 1969 |
B. | 1935 |
C. | 1948 |
D. | 1949 |
Answer» D. 1949 |
404. |
Loans for pensioners are given up to-----------months of pension amount. |
A. | 12 |
B. | 6 |
C. | 24 |
D. | 36 |
Answer» B. 6 |
405. |
Consumer loans are granted for-----------period. |
A. | Medium |
B. | Short |
C. | Long |
D. | Both long and medium |
Answer» B. Short |
406. |
The maximum amount of education loan is Rs…………..lakh for study in India. |
A. | 10 |
B. | 15 |
C. | 7.5 |
D. | 20 |
Answer» C. 7.5 |
407. |
Housing advances are……………………in nature. |
A. | Medium |
B. | Short |
C. | Long |
D. | Both long and medium |
Answer» C. Long |
408. |
Housing loan sanctioned to redeem prior debts obtained from friends for the purchase of a house is called…………loan. |
A. | Conversion |
B. | Flexible installment |
C. | Refinance |
D. | Renovation |
Answer» C. Refinance |
409. |
HDFC was established in the year |
A. | 1982 |
B. | 1977 |
C. | 1972 |
D. | 1964 |
Answer» B. 1977 |
410. |
Education loan maximum is…………….lakh for study abroad. |
A. | 10 |
B. | 15 |
C. | 7.5 |
D. | 20 |
Answer» B. 15 |
411. |
Housing loan sanctioned to pay off an old housing loan at a higher rate of interest and enjoy a new one at a lower rate is called: |
A. | Conversion loan |
B. | Flexible installment loan |
C. | Transfer plan loan |
D. | Refinance loan |
Answer» C. Transfer plan loan |
412. |
LIC Housing Finance Ltd was established in the year |
A. | 1982 |
B. | 1989 |
C. | 1972 |
D. | 1964 |
Answer» B. 1989 |
413. |
RBI Act passed in the year |
A. | 1934 |
B. | 1935 |
C. | 1936 |
D. | 1949 |
Answer» A. 1934 |
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