part 11

46. Nayak Committee Recommendations are applicable for sanction of Fund Based Working Capital Limit upto

a)   Rs.25 lacs

b)   Rs.1 crores

c)    Rs. 2 crores

d)   Rs. 5 crores

e)   None of these

Ans: (d)

47. Banking ombudsman means

a)   Person appointed to recover dues from defaulting borrowers

b)   A person to whom customer can approach for redress of his grievances

c)    A person appointed to settle dispute between employees and management

d)   A person appointed by RBI to oversee the functioning of Foreign Banks

e)   None of these

Ans: (b)

48. NGO is the term associated with

a)   SHG

b)   PMRY

c)    SEEUY

d)   Agri. Advances

e)   None of these

Ans: (a)

49. Full form of SLR

a)   Statutory Liquidity Ratio

b)   State Level Recovery

c)    Sundry Leverage Ratio

d)   State Liquidity Reserve

Ans: (a)