Quiz 245 : Money Business and Finance for Bank Examinations October 27, 2009 1. In which year Negotiable Instruments act came into force?18801882188318852. Which among the following is very similar to Hundi?Promissory NoteDemand DraftBill of ExchangeCheque3. Which of the following acts was amended by the parliament in 1989, with a view to restore the faith in business transactions through cheques and speedy remedy in case of bouncing cheques?Negotiable instruments Act 1881Companies Act 1956Reserve Bank of India Act 1934Banking Regulation Act, 19494. Lessor and Lessee is a relationship between a bank and its customer in which of the following?Cash DepositsLoansSecuritiesSafe Deposit Locker5. From which of the following years Ecommerce in India, online transactions and digital signatures were made legally valid?19981999200020016. Which among the following is the oldest and most common form of Electronic Funds Transfer System?Wire transfersAutomatic Teller MachinesCash DispensersPoint of Sale Terminals7. Which among the following committees gave its recommendations on “Customer Service”? Bhootlingam CommitteeDantwala CommitteeA Ghosh CommitteeGoiporia Committee8. Which among the following committees recommended drastic changes in the present framework in Industrial sickness, The Sick Industrial Companies Act (SICA) and Board for Industrial & Financial Reconstruction (BIFR)?Narsimhamam CommitteeJilani CommitteePD Ojha CommitteeOmkar Goswami Committee9. In which year Reserve bank of India introduced Special Fund Facility for Security Settlement SFFSS?199920002001200210. What is the full form of ESOS?Exchange Stock Option SchemeExchange System of Option SharesEmployee System of Operation in StocksEmployee Stock Option SchemeSubmit Test « Previous Next »