If you ally craving such a referred banking awareness mcq book that will have the … Basic/Banking awareness is a part 100 random MCQs
91.Which of the following statements is/are correct?
[A] NBFCs does not hold a banking license.
[B] NBFC can issue Demand Drafts like banks.
[C] Both 1 and 2 are correct
[D] Neither of them are correct
Correct Answer: A [NBFCs does not hold a banking license.]
Notes:
NBFC cannot accept demand deposits while NBFC cannot issue Demand Drafts like banks.
92.Loan disbursed by an NBFC-MFI to a borrower with urban and semi-urban household income should not exceed how much amount?
[A] Rs.1,00,000
[B] Rs. 1,60,000
[C] Rs. 2,60,000
[D] Rs.1,50,000
Correct Answer: B [Rs. 1,60,000]
Notes:
Loan disbursed by an NBFC-MFI to a borrower with urban and semi-urban household income should not exceed ₹ 1,60,000
93.The depreciation on an asset purchased through hire purchase should be which of the following?
[A] Should be straight line only
[B] Based on the cost price of the asset only
[C] Based on the total cost including interest
[D] No depreciation should be provide until the final payment is made
Correct Answer: B [Based on the cost price of the asset only]
Notes:
The depreciation on an asset purchased through hire purchase should be based on the cost price of the asset only.
If you ally craving such a referred banking awareness mcq book that will have the … Basic/Banking awareness is a part 100 random MCQs
