Free Essay


In: Business and Management

Submitted By pramodjg
Words 1158
Pages 5


1) When a cheque is drawn on a bank, the bank is called the a)Payee b)Drawee c)Drawer d)Endorsee (b)
2) One of the State Government avails of a temporary financial assistance from Reserve Bank of India. This type of finance is called : a)Overdraft b)Temporary loan c)Short term finance d) Ways and Means advance (d)

3) Maximum Bank Rate is: a) 6% b) 20% c) 25% d) None (d)

4) Obligation of a Banker to maintain secrecy is applicable to a) Only in case of existing deposit accounts b) Only in respect existing loan accounts c) Only in case of closed accounts d) All types of deposit/loan accounts (existing/closed) (d)

5) Bank A allows one of its clients to withdraw against clearing of a cheque. The banker is called as: a) Collecting and Paying banker b) Holder in due course c) Holder for value d) Reimbursement banker (c)

6) As per the provisions of NI Act,1881 a banker gets protection for payment of a cheque only if it is a : a) Holder in due course b) Payment in due course c) Holder for value d) All of the above (b)
7) At a Railway station, you withdraw cash from ATM of State Bank of India. SBI is a : a) Paying Banker b) Collecting Banker c) Advising Banker d) Issuing Banker (a)

8) Management of a Bank vests with a) Reserve Bank of India b) Asset Liability Committee (ALCO) c) Board of Directors d) None of the above (c)

9) Hari issues a stop payment instructions to his banker to Stop payment of a cheque for Rs,20,000.00. This is a) A request from Hari b) An intimation from Hari c) An advice from Hari d) A mandate from Hari (d) 10) Except one of the following instruments others are issued at discount. Identify the exception: a) A Certificate of Deposit (CD) b) A Treasury Bill (TBill) c) A Commercial Paper (CP) d) A Fixed Deposit (FD) (d)

11) Cash Reserve Ratio (CRR) is to be maintained on Net Demand and Time Liabailities (NDTL).SLR is to be maintained on: a) Total Demand and Time Liabilities b) Net Demand and Time Liabilities c) Total Demand and Time Assets d) Net Demand and Time Assets (b) 12) Garnishee order is issued by: a) Judgement Debtor b) Judgement Creditor c) Judgement Debtor’s Debtor d) None of the above (d) 13) CAMEL model is used by a) Bankers to evaluated a credit proposal b) Bankers to manage their risks c) RBI inspectors to evaluate banks functions d) Merchant Bankers to evaluate portfolio investment (c) 14) One of your NRI customers wants to place FCNR deposits in Canadian $ with your bank. You will a) Accept his request and open a FCNR a/c b) Will not accept his request to open FCNR a/c in Canadian $ c) Will inform the customer to place FCNR in any one of the currencies (US$/GBP/JPY/EUR) d) Both b and c (a) 15) Which one of the Non Resident Deposit schemes is not permitted. a) FCNR a/cs b) NRNR a/cs c) NRE a/cs d) NRO a/cs (b)

16)At the time of receipt of a garnishee order your customer’s accounts showed : i)SB a/c uncleared balance Rs.2,000.35 (Cleared balance Rs 550.35) ii) An overdue fixed deposit for Rs.25,753.22 matured one week earlier iii)OD account showed a credit balance of Rs.8,728.96 iv)CC account showed a credit balance of Rs,2,247.18 Indicate the amount which can be attached by the garnishee order? a) Rs.28,550.75 b) Rs.10,228.96 c) Rs.37,729.71 d) Rs 4,247.53 (c) 17)You receive a cheque in an overdraft account for Rs.27,000.00. The debit balance in the account is Rs.30,000.00 and the OD limit is Rs 55,000.00.What reason you will state while returning a) Refer to drawer b) Effects Not cleared c) Exceeds arrangement d) Endorsement not correct (b) 18) Match the following: i) Payment in Due Course A) Insurance ii) Karta B) Cash Credit iii) IRDA C) HUF iv) Hypothecation of Inventory D) Paying Banker a) i-D,ii-C,iii-A,iv-B b) i-A,ii-B,iii-C,iv-D c) i-B,ii-A,iii-D,iv-C d) i-D,ii-C,iii-B,iv-A (a)

19) Match the following: Identify the Committees: i)Classification of Assets A) Nayak ii)Computerisation in Banks B) Tarapore iii)Working Capital for SSIs C) Narasimham iv)Capital Account Convertability D) Rangarajan
a) i-B,ii-D,iii-C,iv-A
b) i-D,ii-C,iii-A,iv-B
c) i-B,ii-A,iii-C,iv-D
d) i-C,ii-D,iii-A,iv-B (d)
20) Match the following: i)Financial intermediaries A) Mutual funds ii)ATMs B) E- Banking iii)Certificate of Deposits C) Money Markets iv)Book debts D)Assignment
a) i-C,ii-D,iii-A,iv-B
b) i-D,ii-C,iii-B,iv-A
c) i-A,ii-B,iii-C,iv-D
d) i-A,ii-C,iii-B,iv-D (c)
21) RTGS stands for : a)Real Time Settlement System b)Real Time Gross Settlement System c)Real Gross Settlement System d)None of the above (b)
22) The banker acts as a Bailee and the customer as Bailor, this relationship is applicable: a)when a bank lends funds to a corporate customer b)when a bank accepts US$ FCNR deposits form a NRI customer c)when a customer operates a safe deposit locker d)when a customer keeps articles in safe custody with a bank (d)

23)One of your customers lost the Fixed Deposit Receipt issued by the bank. To obtain a duplicate FD he needs to furnish a)A Promissory note b)A Guarantee c)A Letter of Credit d)An Indemnity bond (d)
24) In a demand draft the word “order” is changed to “bearer” by the holder of the dd. It is called as: a)Endorsement b)Material alteration c)Crossing d)None of the above (b)
25) Capital adequacy is worked out based on: a) Total demand and time liabilities b) Net demand and time assets c) Risk weighted assets d) Risk weighted liabilities (c)
26) One of your customers dies without leaving a will and The court appoints a person to handle the customer’s Property. Such a person is called as a)An administrator b)An executor c)A liquidator d)A successor (a)

27)A negotiable instrument is endorsed as Pay to Raju only This is called as: a)Blank endorsement b)Restrictive endorsement c)Sans recourse endorsement d) Endorsement in Full (b)…...

Similar Documents

Free Essay

Indian Bpos – Waking Up to the Philippines Opportunity

...when they want to operate in strong growing markets, in this case South-East Asia. Similarities to the western world which are often caused by the former colonization make it often easier for huge companies to gaining a foothold. On the other hand there are also threats which are also mentioned in this case study. Here the suddenly strength of a currency can affect the profitability of international players. Changes in the taxation policies bring MNCs under pressure because their advantages to their competitors get lost. The growing costs of infrastructure and transportation, here with the example in India, bring companies in tricky situations because they are not competitive anymore and then they are forced to react as the statement of Pramod Bhasin at the end of the case study highlight that. All in all it is important to weigh both sides before investing or outsourcing in low cost countries. This case study also shows both sides and how quickly the former advantages can develop the detriment for companies in a tough global market. Sources: • Case study • Opening Profile: Economic Crisis Spreads Through Financial......

Words: 1461 - Pages: 6

Premium Essay


... Research Challenges and Benefits Reflective journal 2 Pramod P Gupta Professor: Hunter Michacel ENG 115 Strayer University Arlington Jan. 29, 2013 1. What do you think when you read claims in a newspaper or magazine that seem to be unsubstantiated? I think that is ridiculous. It is purpose to grab public’s attention only. Why would they want to write like this? These kinds of information that always make me confuse, upset, irritate, and stress. I may raise some questions myself in order to think critically about that claims. Why do they write such things? What are their intentions to address people? 2. How do you approach research? First of all, I have to find out what I am going to do research and in which areas. I do my approach research in many ways, such as questionnaires, observation, and interview. Accordingly I can get all information from the library, internet, books, magazine, and encyclopedia. In addition, I will be able to compare information that I have and what I am going to collect. 3. What are your biggest challenges in doing research? My biggest challenges are to find out a reliable source for information in order to fulfill my purpose whether it will be true or not. I have to be ready myself to conduct research paper effectively. Social issue and political issue, which may challenge in doing research .sometimes variable information that, may cause a lot of problems in doing research. 4. What are some tips that you think will help you and others in......

Words: 329 - Pages: 2

Free Essay

Pramod Kumar

...Strategic Alliances: Collaboration with Your Competitors--and Win1 Collaboration is a strategic alliance typically between two firms with the goal of providing mutual benefit for each firm. Collaborating with your competitors is like a double-edged sword. Sharing between firms is a smart strategy as long as the relationship is give-and-take and is one that will benefit both parties without compromising each of the firm’s competitive position in the industry. Firms must be careful in what information is shared across this delicate communication trail. To borrow a line from the Godfather, "keep your friends close, but your enemies closer". This article's discussion of competitive collaboration lends itself to the idea that learning and studying your enemy pays. Although are infinite possibilities arising from collaborations, be wary of the risk of sharing knowledge with the enemy when it is core to your firm's competitive competencies. Types of competitive collaboration 1. Joint Ventures 2. Outsourcing agreements 3. Product Licensing 4. Cooperative research The study of 15 mergers of three major types: four intra-European alliances, two EuropeanJapanese alliances, and seven U.S.-Japanese alliances found that collaboration is something often used by successful businesses. Alliances between Asian companies and Western rivals seem to work against the Western partner. Collaboration is competition in a different form. Companies have to enter collaborations knowing that competition......

Words: 1921 - Pages: 8

Free Essay

Fishing Industry

...small and consistent over the period of time. In their coastline areas of 710 KM, they can derive just only 20 percent of their total fisheries production from huge network of perennial rivers flowing in the coastline areas of Bangladesh. A fishery is playing as a buffer despite poor performance of other sectors in the country including agriculture, and other sectors of the economy. Fisheries is also impacted due to lack of trained manpower facilities, lack of their concrete management policy, proper infrastructure and their monetary allocation in their scattered fishing centers. It has also served as the major source of their employment with an incredible growth of around 3.9 percent during the period of 1984 to 1999 (Pitcher J. Tony and Pramod G., pp. 1 & 2, 1999). Chakraborty and Kar (2011) further elaborated the bio-economic assessment of Bangladesh shrimp fishery in knowing the relative economic efficiency of their fishing industry. In last few years, it is observed that scientists and researchers have studied greatly to manage their fishery resources with proper utilization of collected by making sure sustainable growth and economic efficiency of their fishery industry. Fundamental objectives of fisheries management is to make sure that their fishery resources should be properly channelized by giving sustainable flow of their benefits to their human society. Management procedures should be properly managed to make sure fisheries production should be properly......

Words: 2969 - Pages: 12

Premium Essay

Pgp Student

...Marketing – II Group Case Analysis: PROPECIA®: Helping Make Hair Loss History Section A Group 1 Ajanta Boro Ashu Tomar Ashutosh Shukla Pramod Rai Raghavendra Rao Sanjay Gupta Shiv Raj Singh CASE ANALYSIS: PROPECIA Helping Hair Loss Make History The Scientists of the Merck, world’s largest pharmaceutical company found that Finasteride compound was useful in the treatment of Male Pattern Hair Loss (MPHL). The company was planning to launch new drug Propecia. Before launching the product they performed clinical study the effectiveness of propecia toward the MPHL. The initial clinical studies for PROPECIA included men between the ages of 18 and 41 with mild to moderate ongoing hair loss, these studies showed that 83% of the participants of the study were at least able to maintain their hair count and in 66% of the participants growth of new hair was observed. In case of Women PROPECIA was not effective in treatment of hair loss and women were specifically instructed not to use the product as the finasteride compound could cause birth defects in male fetuses if ingested or observed through skin. In the clinical tests a small number of men experienced various sexual side effects but these side effects were fewer than 2% taking the drugs. Meanwhile there was a relaxation in drug advertisements by FDA, according to this new rule pharmaceutical companies were allowed to mention the brand name of the product in the broadcasting advertisement as long as they......

Words: 621 - Pages: 3

Premium Essay

How Home Depot Could Enter Indian Markets

...“How Home Depot could enter Indian Markets” Cohort 41 Justin Widener, Cole Lewis, Daniel Smith, Kacy Jackson, Pramod Sudhakar, Angela Lintz WMBA 6030: Global Strategy November 14, 2013 Executive Summary Home Depot tried and failed to enter China. In hindsight, the errors Home Depot made seem obvious and many. In the analyses below, we examine Home Depot from an Industrial, Resource, and Institutional perspective. Based on our extrapolation of the findings, we ask whether Home Depot can enter the Indian market, and describe our strategy for how Home Depot might successfully expand globally into India. We believe that Home Depot can gain great value from entering India following our strategy. Introduction and Background Home Depot was founded in 1978 by Arthur Blank and Bernie Marcus. They originally started with two stores in the Atlanta area with about 60,000 square feet each. These stores dwarfed the competition in not only size but also in product offering and availability. They started off offering over 25,000 different SKU’s to customers in everything from power tools to simple easy to use items such as tape and glue (Home Depot). The goal was, as a company, to target and create a market for the “Do it Yourself” or “DIY” market. Until the arrival of Home Depot there was such a market but only local mom and pop shops competed. Home Depot provided a place where they could provide a one-stop shop for DIY and could also provide the “know-how”......

Words: 2680 - Pages: 11

Premium Essay

Case Study Vikas Collage

...PLAN -NO. OF MANAGERS TRAINED / PLAN Establish and lead monthly performance monitoring group. 5. Coordinating with all Department for effective internal &external communication & better performance of Institute PERFORMANCE MANAGEMENT SYSTEM KPI weight age Kra-1: Directly proportional to weight age 30 Kra-2: Directly proportional to weight age 25 Kra-3: Smooth functioning, no complaint (Valid) 15 Kra-4: Quality & useful value of report 15 Kra-5: Initiation & active involvement 15 DEPUTY DIRECTOR: MR Pramod Pednekar (HOD- HR) : MR Amit Rane (HOD-OPRETION) : MR Shoukat Ali (HOD-OB & STRATEGY) Reporting to ;-MR Vikas Raut (DIRECTOR) Assisted By :- Concern Lecturers KEY RESULT AREAS [KRAs] 1. Ensuring effective & economic lecture schedule, examination schedule, faculties for concern Subject for all programs in academic year periodically. 2. Ensuring completion of syllabus within scheduled time frame. 3. Arranging motivational, informative, innovative seminars, event periodically 4. Develop and maintain effective performance reporting and monitoring framework......

Words: 772 - Pages: 4

Premium Essay


...will consider and decide the same carefully on merit by speaking and reasoned order, as expeditiously as possible, at appropriate stage, in accordance with law, on the basis of evidence adduced by the parties. The discharge application has to be decided after the evidence after stage of 244(2) Cr.P.C. The applicants may be permitted to appear through counsel after stage of 244 Cr.P.C. unless his presence is required on any particular date for statement or cross examination. Till application is decided on merit by the court concerned, at appropriate stage, no coercive steps shall be taken against the applicants. With these observations, the present application under Section 482 Cr.P.C. is hereby finally disposed off. Order Date :- 6.8.2014 Pramod ...

Words: 392 - Pages: 2

Premium Essay


...MarketScape 2013 ranking – “Leader” in Worldwide Life Sciences Sales and Marketing BPO[20] Executive leadership On June 17, 2011, NV “Tiger” Tyagarajan[21] became the president and chief executive officer (CEO) of Genpact and was appointed to the Board of Directors.[22] He previously served as chief operating officer of Genpact. He succeeded Pramod Bhasin, who stepped down as CEO and member of the board and became non-executive vice chairman of the company.[23] Tyagarajan was previously CEO of Genpact from 1999 to 2002,when he led the business through a critical growth phase as a subsidiary of GE.[24] When Genpact became an independent company, he rejoined Genpact from GE Capital U.S. as executive vice president of sales and business development from 2005 to 2009. Thereafter, he took on the role of Genpact’s chief operating officer. References Jump up ^ "Genpact Reports Results for 2013 Full Year and Fourth Quarter". 6 February 2014. Retrieved 13 August 2014. Jump up ^ "Wall Street Journal - CEO Council". The Wall Street Journal. 2013. Retrieved 13 August 2014. Jump up ^ "NV "Tiger" Tyagarajan to Succeed Pramod Bhasin as CEO of Genpact". Bloomberg. 16 May 2011. Retrieved 6 August 2014. Jump up ^ "Genpact: Generating Intelligent Business Impact". Industry Report Online. 2014. Retrieved 13 August 2014. Jump up ^ "Genpact Positioned as a Leader in Gartner's Magic Quadrant for Finance and Accounting BPO for Fifth Consecutive Year".

Words: 1323 - Pages: 6

Premium Essay

Hsbc in China

...performance in the mature markets, around 100 percent versus between 39 and 82 percent at the same period, giving HSBC huge economic leverage in emerging market. HSBC planned to growth by acquisition and has had phenomenal success in India. In 1959, The acquisition of the Mercantile Bank , Which had a stronge business base in India, was a decisive factor for HSBC in laying the foundation for crucial presences in India (Qing Lu,2014). In 2007, HSBC built insurance business as a jointed venture with Canara Bank and Oriental Bank of Commerce(). HSBC became one of India’s leading financial services with more than 4.4 million customers in 2009. More than 5 percent of India’s exports and imports pass through HSBC in India’s banking channels (Pramod Marar, Balaji S. Iyer and Unmesh Brahme, 2008). Not all emerging markets have been as successful for HSBC as India. HSBC invested massively in Argentina’ banking and insurance market, which pummelled by economic crisis. The acquisition of Banco Roberts SA de Inversiones in 1997 represented HSBC’s expansion into Argentina market. HSBC became one of the major bank in Argentina and strengthened its presence in Latin American. However, the economic crisis of 2001 affected the stability of peso and induced the default of the debt. The stunning reduction of Argentina’s economies and the sharp devaluation of peso resulted in massive losses for HSBC. The financial crisis of 2007-2009 was especially devastating to the global banking sector.......

Words: 2009 - Pages: 9

Free Essay


...UNILEVER’S “REAL BEAUTY” CAMPAIGN FOR DOVE Ashish Daga Pramod Heballi H.P. Panda Megha Khamparia Sangeeta Dass Wasim Mukkaram INTRODUCTION OF UNILEVER  Anglo-Dutch company.  Formed in the year 1930 by the merger of “British soap makers lever brothers” and “Dutch margarine producer union” in Rotterdam.  Leading manufacturer & marketer of foods beverages, personal care products.  Famous brands are knor,surf,vaseline,sunsilk,lux lifeboy etc. Unilever's "Real Beauty" campaign for Dove. PRODUCT SEGMENT-WISE BREAKUP OF REVENUES PRODUCT SEGMENT-WISE BREAKUP OF OPERATING PROFIT Evolution of “Dove” YEAR 1940 1950 PRODUCTS DOVE SOAP BAR DOVE ORIGINAL BEAUTY BAR 1990 2001 DOVE BEAUTY WASH DOVE ANTIPERSPIRANT/DEODRA NT DOVE MASAGE BODY WASH COOL MOISTURE BODY WASH AND BAR 2004 2004 2004 DOVE BODY FIRMING LINE BACKGROUND NOTE  IN 1970, DOVE WAS RECOMMENDED BY PHYSICIANS.  IN 1990s, HIGH GROWTH WAS RECORDED.  BY 1999 SALES REACHED AROUND US $ 1 BILLION AND BRAND WAS GROWING AT 20% PER ANNUM.  IN EARLY 2000s, BRAND PRODUCT RANGE HAD INCREASED.  AS OF 2005, DOVE WITH ANNUAL SALES OF $50 BILLION IN MORE THAN 80 COUNTRIES. SURVEYS CONDUCTED.  Beauty advertiser bombarded consumer with idealised image of model,supermodel and celebrities.  In early 2004, dove conducted global study on attitude and perception of women with regard to their personal beauty and wellbeing  Only 2% of the women considered themselves “beautiful” &...

Words: 945 - Pages: 4

Free Essay

Bajaj Industry

...this company for the next year, with reasons for estimate ………….. 2.5 marks  For each of above (online / print), please quote precise reference: a. Online/ Web – Full web URL and date of your visit b. Print Media:Book – Title, Author, Publisher, Edition & Pg. No c. Print Media:Journal – Journal Title, Month & Year, Publisher & Article Title, Author, relevant Pg. No. 3. Submission a. A concise DOC of just 1 page with layout; as shown    b. File name should be Syst/Mktg followed by your TRN, e.g. Syst116.DOC, Mktg247.DOC, … c. Submit soft copy to resp. CR (Syst & Mktg) by 6 July 2015 d. CR’s to compile and submit it to me on/ before 8 July 2015 For any queries, feel free to contact me … latest by 30 June 2015 Good Luck! Dr. Pramod Damle 22 June 2015 ...

Words: 371 - Pages: 2

Free Essay

Irretrievable Breakdown of Marriage mutual consent under 28 Kusum, Divorce by Mutual Consent, 29 JILI (1987), pp. 110-111. 30 AIR 1986 P&H 201. 31 AIR 1975 SC 1534. 32 Harinder Boparai, Reappraisal of Bars to Divorce: A comparative Study, 26 JILI (1984) 34 Hon’ble Mr. Justice B.P. Jeevan Reddy - Former Judge, Supreme Court of India. 35 (1995) 2 CALLT 464 HC 36 AIR 1997 SC 1266. See also Madhuri Mehta v. Meet Verma (1997) 11 SCC 81. 38 Article 142 : (1) The Supreme Court in the exercise of its jurisdiction may pass such decree or section 13B of Hindu Marriage Act. But certain safeguards such as lump sum amount of ten lakh rupees and litigation costs had to be provided to the wife by the husband. The same was done in Kanchan Devi v. Pramod Kumar Mittal39. The Supreme Court held, “in view of the peculiar facts and circumstances of the case and being satisfied that the marriage between the appellant and the respondent has irretrievably broken down and that there is no possibility of reconciliation, we in exercise of our powers under Article 14240 of the Constitution of India hereby direct that the marriage between the appellant and the respondent shall stand dissolved by a decree of divorce”. Hence it is clear that despite the fact that the High Court utilized the articulation "irretrievable breakdown of marriage", the Supreme Court maintained a strategic distance from it. Rather, on particular circumstances, the procurements of Article 142 of......

Words: 3697 - Pages: 15

Premium Essay


...------------------------------------------------- Practical Project Stage 1: Data Understanding and Business Opportunities Submitted By: Daniel Gosert (441686) Marvin Steiger (437143) Pramod Rathi (439352) Samuel Desguin (441838) Submitted By: Daniel Gosert (441686) Marvin Steiger (437143) Pramod Rathi (439352) Samuel Desguin (441838) In the first part of this practical project, we develop a model that helps the Venture Capital (VC) firm to identify good business opportunities, using the data provided by CrunchBase. In this context, we define “good business opportunities” as opportunities that are likely to be acquired and then sold profitably. Therefore, in our further analysis, we only consider companies that have been acquired (and that show on the “Acquisitions” tab of the excel file). With our application, we will provide the Venture Capital company with in-depth information that will help it decrease its risk of investing in companies that are likely to fail, and at the same time increase its opportunities for high return on investments. More precisely, with the support of our application, the VC company can predict the average return on investment of a potential target, identify both the most profitable industries and geographical areas and by that in consequence minimize its risk of investment. To do so, we go through three general stages. First, we compute the average return on investment that investors gained by investing in the companies......

Words: 1122 - Pages: 5

Free Essay


...In this article titled as “Genpact’s CEO on Building an Industry in India from Scratch”. Genpact’s outsourcing in India was not easy at all, As said on the article they started off providing back-office services such as processing car loans and credit card transactions. Genpact’s first years in India was hard given the fact that the business is dependent on regulations of the government. Aside from that, Pramod Bhasin took advantage of ambitious talent pool across the country. So Bhasin approached Gary Wendt, the head of GE Capital, for money to launch a pilot project that could expand their back-office support services to GE Capital all over the world. They started off with hiring 20 individuals in 1997 then with the recruitment of Ramon Roy from American Express, using limited resources to be creative and funny in recruiting, GE Capital had successfully hired 300 employees the following year. As of now, Genpact in India currently has 15,000 employees. Due to the continuous and fast paced growth of the company, hiring and accepting newcomers was easy but training them was the hard part. So they deliberately stopped growing for a full year, to manage some of their personnel’s issues and to reform their quality back to shape. By the year 2002, they now have operations all over the world including Dalian, which is considered as the outsourcing hub for China. Based on the article itself, In 1997, Genpact needed funds to launch a pilot project. Bhasin approached Gary Wendt,......

Words: 361 - Pages: 2

Heroes mas alla del deber temporada 2 capitulo 2 descarga gratis | Banking System of China | Ef: A Tale of Memories (12)