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सपने वो नह ं ह जो आप नींद म
दे खते ह , बि क सपने वो ह जो
आपको नींद ह नह ं आने दे –
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ु कलाम
 Todays Topic
Most Important Questions
of PPB Class-4
 JAIIB ADDA247
Todays Topic

What is Banking
ombudsman scheme?
New Update 2020
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 Most Important Questions of PPB
Q.1 What is the meaning of Pari Passu Charge?
a) Charge which enjoys priority
b) Decreasing Floating Charges
c) Charge in favour of several creditors with
equal priority
d) It do not provide an equivalent right to
the share of specified assets of a
borrowing company to all the lenders

c Explanation: Pari-Passu Charge provides an equivalent right to the

share of specified assets of a borrowing company to all the
lenders.
 Most Important Questions of PPB
Q.2 What is the maximum amount that can be
awarded by 'Banking Ombudsman?
a) Rs.10 lakh
b) Rs.5 lakh
c) Rs.20 lakh
d) Rs.50 lakh

c
 Most Important Questions of PPB
Q.3 A cheque dated/signed by one partner before their
death in respect of in partnership accounts:
a) It should not be paid
b) It should be paid
c) It depends on the discretion of all the
d) It can pay on the order of the court

a
 Most Important Questions of PPB
Q.4 A depository participant-
a) Is an investor who buys/sells shares through the
depository.
b) Trades in the dematerialised shares.
c) Destroys the share certificates and makes a credit
entry for his clients.
d) Is an agent of the depository and takes physical
share certificates from his clients and sends them
for dematerialisation.
d
 Most Important Questions of PPB
Q.5 What is the main tool of RBI under monetary policy
control money supply in economy?

a) Payment and clearing system

b) Repo rate and reverse repo rate
c) Print new currency
d) Foreign exchnage reserve

a
 Most Important Questions of PPB

Q.6 Deposit accounts which have not been operated for

more than 10 years are to be classified as:
a) Inoperative accounts
b) Dormant accounts
c) Unclaimed accounts
d) Dead accounts

c
 Most Important Questions of PPB

Q.7 What is the meaning of operating cycle in an industrial

concern?
a) Conversion of raw materials into semi finished goods
b) Conversion of raw material into final goods
c) Conversion of raw material into finished goods than
sundry debtors and back into cash
d) Conversion finished goods into cash

c
 Most Important Questions of PPB

Q.8 “Right issue” is:

a) Issue of securities to a select group of persons
b) Direct sale of securities from an unlisted company to
the public for fixed price.
c) When a listed company proposes to issue fresh
securities to its existing shareholders
d) When a listed company makes a fresh issue of
securities

c
 Most Important Questions of PPB
Q.9 In case of substandard assets having ab-initio unsecured
criteria, the provision is to be made at the rate of:
a) 15% of the outstanding amount
b) 25% of the outstanding amount
c) 40% of the outstanding amount
d) 100% of the outstanding amount

b
 Most Important Questions of PPB
Q.10 A cheque is signed by two trustee of trust one of them
expired before the cheque is presented for payment
what bank will do?
a)Stop payment
b)Pay the cheque
c) Ask the court order
d)Return the cheque
e)None of these

b
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