Sunday, February 8, 2015

நம்ப முடியவில்லை!!நம் தமிழ்நாட்டிலா இப்படிஒரு ஹை-டெக் கிராமம்??





நம்ப முடியவில்லை!!நம் தமிழ்நாட்டிலா இப்படிஒரு
ஹை-டெக் கிராமம்??
பார்த்தால் ஒரு சின்ன கிராமம், இதில் இத்தனை வசதிகளா? என்று ஆச்சர்யத்தில் நம்மை புருவம் உயர்த்த வைக்கிறது தூத்துக்குடி மாவட்டம், கோவில்பட்டி தாலுகா, குருவிகுளம் ஒன்றியத்தில் இருக்கிற ஜமீன் தேவர்குளம்.
இரண்டாம் நிலை ஊராட்சியான ஜமீன் தேவர்குளத்தில், 1,550 பொதுமக்களும், 4 ஆண் உறுப்பினர்கள் மற்றும் 2 பெண் உறுப்பினர்கள் என மொத்தம் 6 உறுப்பினர்கள் கொண்ட இந்த ஊராட்சிக்கு, கமலா பாலகிருஷ்ணன் தலைவியாக உள்ளார்.
இந்த கிராமத்தில் அரசியல் மற்றும் சாதி தலைவர்களின் கொடிகள், பேனர்கள் முற்றிலும் தடை செய்யப்பட்டுள்ளது.
இதுபற்றி கேட்டபோது, ஆர்வத்துடன் பேசத் தொடங்கினார், ஊராட்சி மன்றத்தலைவர் கமலா பாலகிருஷ்ணன், “திருட்டு, கொள்ளை, வழிப்பறி போன்ற அசம்பாவிதங்களிலிருந்து ஊர் மக்களை காப்பாற்ற, எல்லாத் தெருக்களிலும் மொத்தம் 7 சி.சி.டி.வி கண்காணிப்பு கேமராக்கள் பொருத்தியிருக்கிறோம். அதேமாதிரி இரவு நேரங்களிலும் கண்காணிக்கக் கூடிய வகையில் ‘நைட் விக்ஷன்’ கேமரா வசதியும் உள்ளது. எல்லா தெருக்களிலும் ஒலிப் பெருக்கி அமைத்திருக்கிறோம். தண்ணீர் வரும் தேதி, நேரம் மற்றும் முக்கிய தகவல்களை ஒலிப்பெருக்கி மூலம் தெரிவிப்போம். எந்தத் தகவலை யார் வேண்டும்னாலும் தெரிவிக்கலாம். அலுவலகத்திலுள்ள நோட்டில் பெயர், என்ன காரணத்திற்காக மைக்கில் பேசப்போகிறோம் என்பதை குறிப்பிட்டு, கையெழுத்து போட்டுவிட்டு பேசலாம்.
இதைத்தவிர, காலை 6 மணிக்கும், மாலை 6 மணிக்கும் பக்திப்பாடல்களை தினமும் ஒலிபரப்பு செய்கிறோம். எல்லா தெருக்களிலும் மொத்தம் 36 குப்பைத் தொட்டிகள் வைக்கப்பட்டுள்ளது. இரண்டு நாட்களுக்கு ஒரு முறை குப்பையை சுத்தம் செய்கிறோம். எந்த வீட்டு வாசலில் குப்பைத் தொட்டி இருக்குதோ அதற்கு பக்கத்திலுள்ள இரண்டு வீட்டுக்கரர்களிடம், ‘இன்று குப்பைத் தொட்டி சுத்தம் செய்யப்பட்டது’ என்று எழுதி கையெழுத்து வாங்குகிறோம். பிளாஸ்டிக் பைகளை முற்றிலும் தடைசெய்துள்ளோம். இதனால் பிளாஸ்டிக் இல்லா கிராமமாகவும் எங்கள் கிராமம் செயல்படுகிறது.
ஜமீன்தேவர்குளம் டூ துரைச்சாமிபுரம், ஜமீன்தேவர்குளம் டூ முத்துச்சாமிபுரம் ஆகிய பகுதிகளில் பேருந்து செல்வதற்கு வசதியாக தார்ச்சாலையும், கிராமம் முழுவதும் சிமெண்ட் சாலையும் அமைத்துள்ளோம். பேரிடர் மேலாண்மை திட்டத்தின் கீழ் மேல்நிலை நீர்த்தேக்கத் தொட்டியும், ஊர் முழுவதும் சிமெண்ட் சாலைகளும் அமைக்கப்பட்டுள்ளது. நவீனக் கழிப்பறைகள், குளியலறைகள் என பொதுமக்களுக்கு தனியாக கட்டிக் கொடுக்கப்பட்டுள்ளது. இங்கு மதத்தின் பெயராலோ, சாதியின் பெயராலோ சண்டைகள் வந்ததில்லை. எல்லோரும் ஒருதாய் பிள்ளையாகவே பழகி வருகிறோம். கிராமத்தைச் சுற்றிலும் மரக்கன்றுகள் நட்டு பராமரித்து வருகிறோம்.
இந்த ஊரிலிருந்து படித்து வெளி மாநிலம், வெளிநாடுகளில் வேலை பார்க்கும் இளைஞர்களின் உதவியால்தான் சி.சி.டி.வி கேமராக்கள் பொருத்தியிருக்கோம். இதுவரைக்கும் சி.சி.டி.வி கேமரா மூலம் 6 திருட்டு சம்பவங்களைக் கண்டுபிடிச்சிருக்கோம். சில நாட்களுக்கு முன்பு ஒரு செயின் காணாமப் போச்சு. ஆனால், அன்றைக்கு கேமராவை ஆன் செய்ய மறந்துட்டோம். செயினின் அடையாளங்களைத் தெளிவா மைக்கில் சொல்லி, ‘செயினை எடுத்தவர் யாருன்னு கேமராவுல பாத்துட்டோம். மரியாதையா.. ஊராட்சி மன்ற அலுவலகத்தில் ஒப்படைத்து விடவும்’ என்று ஒரு பேச்சுக்குச் அறிவிப்பாக சொன்னோம். உண்மையிலேயே அன்னைக்கு ராத்திரியே செயினை நியூஸ் பேப்பர்ல பொட்டலமா மடிச்சு ஆபிஸுக்குள்ள போட்டுட்டாங்க, மறுநாள் உரியவரிடம் செயினைக் கொடுத்துட்டோம். சிசிடிவி கேமரா மாட்டியிருப்பதால் இது ஒரு வசதியாப் போச்சு. எதுவானாலும் கேமராவுல பதிஞ்சுடும்னு ஒரு பயம் இருக்கு. நைட் விஷன் பதிவு வசதி இருப்பதால் இரவில் மது அருந்துவது, தெருக்களில் உறங்குவது தடுக்கப்பட்டுள்ளது.
108 ஆம்புலன்ஸ் ஊருக்குள் வரத் தாமதமாவதால் மக்கள் அனைவரிடமும் நிதி சேர்த்து ஆம்புலன்ஸ் வாங்கவும் திட்டம் போட்டுருக்கோம்.
கிராமத்துல ஏதாவது குறைன்னா புகார் பெட்டியில புகாரை எழுதி போட்டுடலாம்.
கிராமத்தில் இருந்து சேகரிக்கப்படும் குப்பைகளில் இருந்து உரம் தயாரிக்க இருக்கிறோம். ” என்று முடித்தார்.
பஞ்சாயத்து என்றால் அடிப்படை வசதிகளான பேருந்து, கழிப்பறை, சாலை, தெருவிளக்கு வசதிகள் கட்டாயம் தேவை. ஆனால், ஜமீன் தேவர்குளம் பஞ்சாயத்து அதையும் தாண்டி அசம்பாவிதங்களைத் தடுக்க கண்காணிப்பு கேமராவும், பளிச்சிடும் தெருவிளக்குகள் மற்றும் அறிவிப்புகளை உடனுக்குடன் மக்களுக்கு தெரியப்படுத்த அமைத்திருக்கும் ஒலிப்பெருக்கி ஆகியவை சிறப்பு வாய்ந்தவை. கவனிக்கத்தக்கவையும் கூட. பல சமூக அமைப்புகளும் இக்கிராமத்தை பாராட்டியுள்ளது.
தமிழ்நாட்டு எல்லா கிராமமும் ஜமீன் தேவர்குளம் போல மாறும் காலம் எப்போது??

Monday, February 2, 2015

BANK EXAMINATIONS – GENERAL ASPECTS – PART:: 03





01.  Appeal against the decision of Debt Recovery Tribunal can be made before the Chairperson of DRAT within a period of 45 days
02.  If a document duly stamped in Delhi travels to Jammu and Kashmir state, additional stamps equivalent to full stamp duty of Jammu and Kashmir state are required to be affixed
03.  In case a borrower signs in a vernacular language, a banker must obtain a duly witnessed certificate  that the contents have been read out and explained to the borrower in vernacular language and the borrower had understood the same
04.  One rupee notes are issued by Government of India
05.  Borrowing powers of a company are mentioned in the articles of association
06.  A certificate of deposit is issued by a bank at a discount to face value
07.  FIMMDAI means Fixed Income Money Market and Derivative Association of India
08.  Chairman and Managing Directors of nationalized banks are appointed by Central Government
09.  Hardware refers to – any part of computer that is physically visible
10.  Special Purpose Vehicle mechanism is suggested for divestment of Government’s stake in Public Sector Unit
11.  Debt Service Coverage Ratio shows the number of times the company’s surplus generation covers the payment of interest and repayment of principal of long debt
12.  The high level committee set up by the finance ministry to review the system of administered interest rates in the country – Y V Reddy Committee
13.  Under the Corporate Debt Restructuring called as CDR, the floor limit of aggregate exposure is Rs. 20 crore
14.  In the case of securitization, the number of loans are put together and then distributed among small investors
15.  A NRE depositor has issued a power of attorney in favour of his wife – a resident. She can withdraw cash, issue cheques-crossed for local payments and deposit into the account a foreign DD favouring the deposit, however, she cannot deposit foreign currency notes/foreign traveler cheques
16.  The maximum period allowed for FCNR deposits is-  three years
17.  Foreign citizen of Indian origin is a  Non Resident Indian – NRI
18.  Tier II capital should not exceed 100% of Tier I capital
19.  A letter of credit in which the terms and conditions cannot be amended without the agreement of opening bank, applicant and the beneficiary is called – Irrevocable letter of credit
20.  Bill of lading is a document signed by the captain of the ship- acknowledging of receipt of goods on boarding the vessel for shipment
21.  Trade Related Intellectual Property Rights (TRIPS) and Trade Related Investment Measures (TRIMPS) are associated with – Dunkal Proposal
22.  The import licences are issued by DGFT called as Director General of Foreign Trade
23.  Montreal Protocol relates to Protection of ozone layer
24.  The term “ holder” – refers to the person who is in possession of the instrument legally and entitled to possess the instrument in his own name and recover the amount thereunder
25.  An executor of a will has expressed his inability to accept the responsibility. On reference to the Court, a person is appointed to look after the affairs and the person is called Administrator
26.  Recovery certificate issued by the president of Debt Recovery Tribunal is routed through Recovery Officer
27.  If the bank fails to register the hypothecation charge on the Current assets of a company within 60 days of creation of the charge, the matter has to be referred to – Company Law Board
28.  A guarantee was issued on behalf of Rohit by exercising a lien on the Fixed Deposit Receipt of Rohit. Bank is informed about the death of Rohit. A garnishee order is received attaching the deposit of Rohit. The bank will attach subject to bank’s right of set off against any debts owed by Rohit
29.  A loan has been granted to Rahul against the security of his Fixed Deposit Receipt – FDR, with the branch. Subsequently, a Court attachment order is received on the deposit. The branch  after adjusting the dues/outstanding towards the bank has  to pay the balance amount to the court
30.  Registration of charge is not necessary when the company has been granted loan facility against the security of fixed deposit
31.  The bank receives garnishee order. The relationship between the banker and the customer in this case is debtor /creditor
32.  The bank due to oversight pays a forged cheque and the bank is liable to the drawer of the cheque
33.  The bank while disbursing the loan did not stamp the promissory note for the appropriate value. The options for the bank is that unstamped/understamped promissory note cannot be rectified
34.  A minor aged 15 years comes to your branch for payment of a cheque for Rs. 27000/-. The signature of the drawer tallies  with your record. As a desk officer, can you make the payment ? – Yes, the minor cannot be denied  taking payment
35.  As per the amendment of the Negotiable Amendment Act in December, 2002, the time period available to the holder of a cheque to give notice of dishonour to the drawer is 30 days
36.  As per the Negotiable Instruments Act, the notice period by the holder to the drawer under Section 138 is 15 days
37.  Kelkar Committee has suggested that tax incentives for housing loans be withdrawn as part of the overall revamp of tax policy
38.  In the case of a garnishee order, where the partner of a firm is a judgment debtor, only his personal account can be attached and not the firm’s account.
39.  The following statements are true in connection with the right of set-off with regard to bank – It is the bank’s discretion to exercise right to set-off and the whole bank constitutes one entity and it is applicable when the banker- customer relationship is that of debtor-creditor
40.  When a bill is drawn in a set of three and the third is presented for payment – it can be paid
41.  The provision requirement for substandard assets – 10% of net book value
42.  Claused bill of lading is one which narrates the effective condition of the merchandise or  packing or both
43.  Non resident Indian  can maintain – Non Resident External Account, Non Resident Ordinary deposit account, FCNR account and Non Resident fixed deposit account
44.  Composite cash credit system with liquidity for agriculture has been introduced on the recommendations of R V Gupta Committee 
45.  Rohit Mehta (apparent age-14) presents a cheque drawn by his father Amit Mehta for payment – it can be paid  as the minor is not made liable in this transaction
46.  Certificate of noting issued by Notary Public is known as Protest
47.  Break-even-Point is a point where the total costs equal to total revenues
48.  A police inspector informs you that Thomas is facing a charge of cheating and is involved in illegal export of persons abroad. He produces a letter signed by the station-in-charge demanding that details of the account of Thomas facing charge of cheating be disclosed. How will you handle the situation ? – As the inspector has produced an authorization letter we will allow him to inspect the books
49.  If debt service coverage ratio is 2, it means – loan repayment can be easily made by the borrower
50.  A minor attains majority on completion of 18 years
51.  “Bank does not recognize trusts” – it means that in the absence of any specific information,  deposit accounts will be presumed to be the property of the accountholder
52.  Financial assistance for the activity, which is not considered indirect finance to agriculture is – Agro clinics
53.  Executor is a  person named in the “Will” to manage the properties of the deceased
54.  Holder does not get protection, if endorsement is forged
55.  If on any cheque, bearer or order has not been written then it will be treated as – an order cheque
56.  Mumtaz endorsed a cheque in favour of Dara Singh with the condition – “Pay to after death of Rohan Kapur”, but received the payment without fulfilling the condition. In this case from whom can Mumtaz recover the amount – From Dara Singh
57.  Abhinav is the holder of a cheque who endorses sans recourse to Thomas and Thomas to Raman  and Raman  to Divya who endorses it to Selvi.  The cheque is dishonoured – Selvi  can claim the amount from Thomas, Raman and Divya
58.  Account Payee crossing is addressed to the collecting banker
59.  Minor wants to overdraw in his account and you will not grant it because the contract with a minor is void abinitio (the contract is not valid)
60.  The maximum number of members in a Private Limited Company, should not exceed – 50 as per Indian Companies Act 1956
61.  A Hindu Undivided Family is managed by – the karta
62.  Garnishee order attaches – balances available at the time of serving the order to bank
63.  Consideration for a contract of guarantee shall be Consideration received by the debtor
64.  A company has been sanctioned overdraft limit of Rs. 150000.00 against pledge of shares and in this case,  registration of charge is not necessary
65.  Simple mortgage is one which undertakes a personal obligation to pay the mortgage debt and passing the right of sale of the said property through court
66.  In an ongoing situation, the right of set-off can be exercised by a banker – by serving a reasonable notice on the customer
67.  Ombudsman scheme is framed under  Section 35 A of banking regulation act
68.  In case a borrower signs the documents with the left hand – a separate note stating that the documents signed with left hand is kept with the documents
69.  Joint and several demand promissory note should not be obtained in the  case of advance to – a limited company
70.  In the case of bank documents the following category of stamps are affixed – non judicial
71.  An export bill for US $ 10000 drawn under letter of credit is negotiated by your bank and is submitted to the LC issuing bank for reimbursement  and you are informed that the documents negotiated by your branch are forged.  Negotiating bank is not liable as the bank is not liable for genuineness of the documents
72.  Original demand draft is reported lost by the payee and in the meanwhile the draft is presented in the clearing – draft will be returned with the reason ‘Reported lost by payee and  drawer’s instructions awaited”
73.  Official Language (OL) rules 1976 is not applicable to the state of Tamilnadu
74.  If a person dies intestate, the court will issue the following documents – letter of administration
75.  Import licenses are issued for CIF value
76.  Documents requiring stamping in terms of Indian Stamp act should be stamped before execution or at the time of execution
77.  Kisan Credit card system has been introduced with effect from August 19, 1999 to take care of credit needs of the agriculture on the recommendations of R V Gupta Committee
78.  The domestic inquiry relating to misconduct of an employee is governed by Industrial Disputes Act
79.  Meaning of term – liquid surplus – in relation to the interpretation of the balance sheet – it represents excess of current assets over current liability
80.  For disposing of the balances of the deceased customer dying without will or nomination -  letter of administration is required
81.  Guarantees, confirmation of letter of credits issued by foreign banks, performance bonds, bid bonds, warranties are non fund exposures
82.  Clean bill of lading  - which bears no super imposed clause or notation which expressly declares the defective condition of the goods and or packaging
83.  Free carrier allowance means – seller fulfils his obligation to deliver the goods when he has handed over the goods meant for export into the charge of the carrier named by the buyer
84.  Foreign Currency, which has a tendency of quick migration is called as– hot currency
85.  Current Ratio – denotes the liquidity of the firm
86.  RBI has allowed authorized dealer the authority of opening of temporary foreign currency accounts for organizers of international seminars, conferences, conventions etc, who have already obtained the prior approval of the concerned administrative machinery of the government
87.  The exchange rate to be applied for effecting remittance of an import bill is – bill selling rate or forward sale contract if already booked
88.  The negotiating bank has negotiated the documents under letter of credit and made payment to the beneficiary. The issuing bank refuses reimbursement to the negotiating bank saying that the documents are forged – in this case negotiating bank is not liable, since the bank has acted in good faith and the documents are apparently in order
89.  In India, trade Control comes under the direct control of Ministry of Commerce
90.  In INCOTERMS, the term FAS represents – Free alongside the ship
91.  UCDPC is prescribed by ICC, Paris
92.  The first committee on mechanization and computerization in banking was headed by Dr. C. Rengarajan
93.  “The committee on Institutional Credit to SSI Sector and related aspects”  (Annual Projected Turnover Method) was headed by – P R Nayak
94.  The bill is drawn in Mumbai and is acceptable/payable in New York and the drawee is at  New York and the bill is inland bill
95.  In Camels rating – “C” stands for Credit worthiness
96.  Asset Reconstruction Company has been set up by the Government to recover the non performing assets – NPAs of weak banks
97.  Under “Narrow Banking” concept, the financial institutions  invest only in Government securities and not undertake loans and advances
98.  Margin of safety means – excess of total sales over break-even point in terms of sales
99.  Advance for pisciculture is granted under “agriculture” segment.
100.          Noting and protesting is not applicable to foreign bill – noting and protesting is applicable to promissory notes, bills of exchanges and cheques
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BANK EXAMINATIONS – GENERAL ASPECTS – PART:: 02





           

01.  The administrative heads of the departments are responsible for compliance of Official Language Policy of Government of India
02.  MS word is an application software
03.  The locker holder is sick and as such he gives an authority in favor of the minor son to operate the locker and in this case, the bank can allow the minor to operate  the locker
04.  A is a minor and he endorses a cheque in favour of B. In the case of dishonour,  A - cannot be held liable as when a minor endorses a cheque all parties are liable except the minor
05.  You come across a cheque on which neither the words “bearer” nor “order” are written. You will make the payment of this cheque by treating it as an order cheque
06.  Debt Service Coverage Ratio denotes solvency position of the firm
07.  Shroff committee had recommended that companies entering into merger and acquisition transactions, making preferential allotment of shares to related parties and proposing buyback of shares must appoint registered valuer for independent valuation of shares and assets
08.  Debt equity ratio denotes the solvency position of the firm
09.  The accountholder is the drawer of the cheque and in the case of draft, the issuing branch is the drawer
10.  Not negotiable crossing means that the holder in due course will not get the better title
11.  Account opening form is a very important document because it forms the basis of contract between the bank and the customer and it contains the offer of the customer to enter into a contract with the bank
12.  The following are not abound on a negotiable instrument as drawer, acceptor or endorser –a lunatic, an alien enemy and an insolvent
13.  An order cheque is transferable only by endorsement and delivery
14.  The term – “allonge” refers to a plain sheet appended to a negotiable  instrument for the purpose of making endorsement thereon
15.  The following endorsements are invalid – endorsement after maturity of the instrument, partial endorsement, endorsement on a discharged instrument and endorsement in the case of negotiation
16.  “Account Payee” crossing is not mentioned in the Negotiable Instruments Act – 1881
17.  The “protest” is the formal notarial certificate attesting the dishonour of the bill and based upon the noting.
18.  Service Area Approach is a result of recommendation of committees headed by P D Ojha
19.  A person who owns unirrigated land of 3 acres will be classified as a marginal farmer
20.  A foreign traveller encashes travelers’ cheques for $1000 at Rs. 47.25. It is a purchase transaction
21.  A restricted letter of credit is one in which the negotiation is restricted to a specific bank
22.  Red Clause letter of credit is one which authorizes release of preshipment finance to the beneficiary
23.  Limited  company means – limited liability clause in memorandum of association.
24.  Garnishee Order is issued under Rule 46 of Order XXI of the schedule to the code of Civil Procedure  - 1908
25.  A contract of guarantee is defined as – a contract to perform or discharge the liability of the principal debtor in the case of his default
26.  To be a valid acceptance,  the drawee shall affix his signature with or without the words – ‘Accepted”
27.  A Government Company means 51% of the paid up share capital is held by State Government and/or Central Government
28.  If the registrar of DRT refuses to file the suit due to discrepancies in copybook,  the  bank can file the appeal before presiding officer of DRT within 15 days
29.  Lok adalats are constituted under Legal Services Authorities act
30.  Stamp duty earned by the government on demand promissory note goes to the state government
31.  When the bill becomes due for payment – it is the starting point of limitation on a bill of exchange payable at a fixed time after date
32.  Cash Reserve Ratio is maintained by the banks by keeping cash balance with Reserve Bank of India
33.  Nomination facility can be allowed in the following cases – deposit accounts of individuals, articles kept in safe custody and safe deposit lockers
34.  A certificate of deposit is an usance promissory note
35.  Subordinated debt is an element of tier II capital
36.  Accumulated loss will be deducted from tier I capital
37.  Vaghul Committee had recommended the introduction of Certificate of Deposits
38.  The basic nature of a commercial Paper is – it is usance promissory note
39.  “A pass through certificate” called as  PTC can be of the following nature in securitization transactions – with recourse and without recourse
40.  Global depository receipt is listed on Stock Exchange outside USA
41.  Current Ratio denotes liquidity
42.  Simultaneous sale and purchase of a share to take advantage of the variation in prices  in two different markets is called as– Arbitrage
43.  Current Ratio denotes – liquidity
44.  Debt Recovery Tribunals have been created by the Government as a result of the recommendations of Narasimhan Committee
45.  When a bill matures on a public holiday, the maturity date of the bill falls on the next preceding business day
46.  A negotiable  instrument can always be negotiated until it has been paid up or satisfied
47.  In the case of dishonour of a foreign bill, the protest is compulsory when it is required by the law of the place where it is drawn
48.  An engineer is financed for the purchase of a car and the same can be classified as Non priority sector
49.  Under drip irrigation system water is used very economically and supplied drop by drop to the roof zone of crop
50.  “Yellow Revolution” is in connection with growing of fruits especially banana
51.  The economic life of a tractor is  - 10 years
52.  The natural guardian of a married minor girl is her husband
53.  The minimum number of share holders in a Private Limited Company – two members
54.  To open an “Administrator account” the bank requires letter of administration
55.  Karta has the absolute authority to appoint any person as an agent and the agent need not to be a family member
56.  Garnishee Order  is the court order obtained by the judgment creditor attaching funds with Bank of judgment debtor
57.  Indemnity means to make good the loss to the promise/indemnity holder
58.  A bearer who takes a bearer cheque bonafide and for value will be a holder in due course
59.  Mortgage is defined in – Section 58 of transfer of property act – 1882
60.  A banker can exercise the right of set-off only in respect of debts due and determined
61.  Banks are restricted to advance against its own shares – as per Banking Regulation Act 1949
62.  The recovery of dues after issuance of recovery certificate by Presiding Officer of DRT can be made through – Recovery Officer of DRT
63.  The roles of Lok Adalat – to arrive at compromise or settlement; issue final judgment and to give the consented decree
64.  The remedy under Section 138 of Negotiable Instruments Act  is available – when the cheque is presented to paying banker within a period of three months or within the period of its validity whichever is earlier
65.  In case a document travels from higher stamp area to lower stamp area, additional stamps are not required to be affixed
66.  The purpose of maintaining a “documents execution register” is that it is a prima facie evidence of execution of documents
67.  One rupee note bears the signature of the Secretary, Ministry of Finance
68.  Nomination facility is not allowed in the case of joint safe custody accounts
69.  Free capital is a part of tier I capital
70.  Kumar Mangalam Birla is the architect of SEBI’s Corporate Governance Code
71.  Malhotra Committee had suggested to establish an “Insurance Regulatory Authority”
72.  The minimum denomination for a Commercial Paper is Rs.5.00 lakhs
73.  The maximum period for which a certificate of deposit can be issued – not more than 12 months
74.  Capitalisation of reserves leads to issue of bonus shares
75.  1,2,3,4,5,6,7,8,9 – numerals are called as - International form of Indian numerical
76.  Key-board is an input device
77.  MS - DOS is a system software
78.  Dear money policy is meant to control inflation
79.  An illiterate borrower cannot sign acknowledgment of debt but affixes his thumb impression on it. The limitation period will be extended by this action
80.  Section 45 Z of Banking Regulation Act 1949 relates to handing over of original paid cheques to the corporate customer
81.  As per the Prompt Corrective Action scheme, RBI can initiate certain structured actions in respect of the banks which have hit the trigger points in terms of CRAR, Non performing advances and Return on advances
82.  Under Know Your Customer guidelines, the identification and reporting of suspicious transactions are to be done on quarterly basis to Audit Committee of the board of directors
83.  To prevent slippage of accounts to NPA category, RBI has designed broad framework detailing preventive and corrective measures. One of the measures is the introduction of new asset category between “standard” and “sub standard”. This new category is called special mention accounts
84.  While opening accounts of Executors and Trustees to the estate of a deceased person, bank should scrutinize the trust deed, order of charity commissioner and probate
85.  Stamp duty on which of the following documents does not vary from state to state – mortgage agreements, hypothecation agreements, guarantee agreements and bills of exchange.
86.  If no time for payment is specified in a promissory note or bill of exchange, such an instrument is considered as – instrument payable on demand
87.  Acceptance is not required in the case of promissory note and demand bill of exchange
88.  To open an executor account the bank should insist on probate
89.  The following do not fall within the implied powers of a partner under section 19(2) of the Partnership act, 1932 – opening a banking account on behalf of the firm in his own name, compromising or relinquishing any claim or portion of a claim by the firm and withdrawing suit or proceedings filed on behalf of the firm
90.  In a balance sheet, profit is shown under liabilities side
91.  The term – preshipment advances is used to describe advances granted to exporters for the purpose of manufacturing, processing, packaging etc. or simply procuring goods meant for export
92.  In an account of a minor operated by the guardian, after the death of the guardian, the balance cannot be paid to the minor even though he has completed the age of 10 years
93.  On the death of a partner, the firm having credit balance stands dissolved and to wind up the affairs of the firm the surviving partners are allowed to jointly operate the account and if it decides to continue after registering the Municipal Death certificate recording fresh mandate for operation, the existing account can be continued and operation allowed
94.  Opening a banking account on behalf of the firm in his own name, compromising or relinquishing any claim or portion of the claim by the firm, withdrawing suit or processing filed on behalf of the firm do not fall within the implied powers of a partner under Section 19(2) of the Partnership act – 1932.
95.  Garnishee order attaches debts due or accruing due. This means deposits payable on demand and payable at a future date
96.  Parties to a guarantee are principal debtor, surety and creditor
97.  A cheque may be crossed by drawer or holder
98.  The purpose of mortgage is to possess the ownership of other’s property
99.  A banker can set-off the amount held in the time deposit account of a customer against the debit balance of the same customer in overdraft account only after maturity of the fixed deposit
100.          Civil Procedure code provides the provision exemption for arrest in execution of a decree for money under Section 56

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