Indian Banking Sector
Indian Banking Sector: Overview
This topic covers concepts, such as, Nationalized Banks, Non-Banking Financial Companies, Base Rate and Zero Coupon Bond etc.
Important Questions on Indian Banking Sector
Under SARFAESI act, a large company is sanctioned credit facilities under consortium and the banks want to take action is ________.
Which of the following not the internal auditor's responsibility with regard to the corrective action on internal audit reports ?
A book in which receipts and payments are recorded, is known as _____.
Electronic funds transfer is the exchange of money _____
Physical verification of fixed assets is primary responsibility of which of the following objective ?
Which of the following in a particular serial, the auditor is generally expected to carry out ?
I. Verification of Assets and Liabilities officers.
II. Vouching of transactions.
III. Checking of valuation of Assets and Liabilities.
__________ transactions results in decrease in owner's equity and increase in liabilities.
The effect of a depreciation of the domestic currency on the trade balance is likely to-
The meaning of a scheduled bank is _______.
Who carries out the Internal check?
Which of the following is the main advantage of having an internal audit department in a company ?
Study the following documents carefully --
I. Audit Notebook.
II. Audit Programme.
III. Audit Report.
IV. Audit Files.
Which of the following sequence is correct ?
Which of the following accounting issues may cause problems while implementing accounting software in Banks?
Internal auditor of a company must be a which of the following accountant ?
The vacancy will be filled by _________, if shareholder fail to appoint or reappoint auditors of a limited company in an Annual General Meeting.
The transactions which will increase an asset and also decrease an asset is known as _____.
The preparation of Final Accounts, which of the following is the correct sequence of the following action required ?
I. Preparation of Trial Accounts.
II. Balancing of Accounts.
III. Preparation of Annual Financial Statements.
IV. Making Adjusting Entries.
What do you mean by granting advances on current A/c by Financial institutions?
Which among the given options is the object of the internal check?
