1. Restriction on number of partners in a firm is imposed by?
a) Indian Companies Act 1956
b) Indian Partnership Act 1932
c) Indian Contract Act 1872
d) None of these

2. What should be the method of valuation for advances against shares/debentures / bonds ?
a) Face value
b) Market price
c) Book Value
d) Average Value

3. Banks can change rate of interest beyond spread announced by them on advances granted to?
a) Film companies
b) Chit funds
c) NBFC s
d) Hotels

4. Bank can change interest rate without reference to its PLR in the following?
a) Housing loans
b) NRE/ FCNB deposits
c) Personal loans
d) Educational loans

5. At what frequency can Banks pay interest on Saving Bank Account as per RBI guidelines?
a) Monthly
b) Quarterly
c) Half Yearly
d) Yearly

6. Banking regulation act was passed in ?
a) 1948
b) 1949
c) 1950
d) 1955

7. National Rural Development Institute is situated at ?
a) Delhi
b) Kolkata
c) Mumbai
d) Hyderabad

8. The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called ?
a) Statutory Liquidity Ratio
b) Cash Reserve Ratio
c) Repo Rate
d) None of the above

9. Which of the following is not viewed as a national debt ?
a) National Saving Certificate
b) Provident Fund
c) Life Insurance Policies
d) Long-term Government Bonds

10. Short-term finance is usually for a period ranging up to?
a) 6 years
b) 1 year
c) 5 years
d) 2 years