1. Which of the following teams lifted the 1st BRICS U-17 Football Tournament 2016 held at Goa? (4)
(1) China
(2) Russia
(3) South Africa
(4) Brazil
(5) India
2. Which of the following statements regarding NonBanking Financial Companies (NDFCs) is not correct? (4)
(1) NBFCs do not form part of the payment and settlement system
(2) NDFCs cannot accept demand deposits
(3) Function of NDFCs are similar to banks
(4) Deposit Insurance Facility from DCGC is available to NDFCs
(5) NDFCs lend and make investments
3. Tata Communication Payment Solutions has been granted a certificated of authorization by the Reserve Bank of India to set up (3)
(1) Non Banking Finance Company
(2) A bank in the cooperative sector
(3) White Label ATM
(4) An Infrastructure finance Company
(5) Private Sector Bank
4. Amount is written on cheques in words and in figures. The amount written on cheque in words is known as (1)
(1) Legal Amount
(2) Courtesy Amount
(3) Trivial Amount
(4) Credit Amount
(5) Payee Amount
5. Which of the following is one of the benefits consumers can have when products and services conform to ISO certification? (3)
(1) It gets Income Tax exemption benefits from the government
(2) It ensures reduction in Service Tax and VAT
(3) It is a certification of the product being safe, reliable and good quality
(4) It provides immunity against court cases
(5) None of these