1.The definition of “Customer" is available under
Negotiable Instruments Act, 1881
Consumer Protection Act, 1986
Banking Regulation Act, 1949
KYC Guidelines
2.The Law relating to appropriation of payments is contained in
The Negotiable Instruments Act, 1881
The Banking Regulation Act 1949
The Contract Act, 1872
The Companies Act, 1956
3.Teller System has been introduced in almost all the banks. Its purpose is
to create more jobs
to improve public relations
to slash down the waiting time for encasing cheques
to eliminate duplication of work
4.Which of the following types of companies /organisation issue "ULIP‟?
Insurance Companies
Banks
NABARD
RBI
5.Which of the following is not a term related to banking/finance operations?
Provision Coverage Ratio
Securitization
Consolidation
Commodification
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