JAIIB (Principles and Practices of Banking) Paper- Qus & Ans, 26 to 30







Q26. Where is the definition of Micro, Small and Medium Enterprises available?
1) In the Companies Act 1956
2) In the Small Scale Industries Act
3) In the MSMED Act 2006
4) In the Industrial Development Amendment Act

Q27. Banking in India is regulated by RBI in terms of -----
1) RBI Act
2) Banking Regulation Act
3) N I Act
4) a & b

Q28. The current UCPDC 600 has come into force on what date?
1) 39234
2) 40405
3) 39264
4) 39083

Q29. Local Market is the classification of markets based on which of the following?
1) Product
2) Geographical area
3) Nature of transaction
4) Volume of transaction

Q30. Out of the following, which is not a legal measure of recovery
1) Recovery through Lokadalat
2) Recovery by filing suit
3) Recovery through DRT
4) Recovery through compromise and settlement






No Ans Available. Plz send your Ans. with Qus. on babita.kanwar05@gmail.com . I want to Update.

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