Current Affairs(2014) Series 29

Q.1) ‘PIN’ in Smart Card is called _________:
1) Permanent Index Number
2) Personal Identification Number
3) Personal Index Number
4) Personal Index Number
5) None Of these
Correct Ans:
2


Solution:
Personal Identification Number


Q.2) The Securitization Act does not cover________:
1) Private Sector Banks
2) Consortium of Banks
3) Private Financial Institutions
4) Chit Fund Companies
5) None Of these
Correct Ans:
4


Solution:
Securitization act cover private sector banks, consortium of banks. Private financial institutions but not cover chit funds companies.


Q.3) How many types of Mortgages loans are there?
1) 4
2) 6
3) 5
4) 8
5) None Of these
Correct Ans:
2


Solution:
6


Q.4) Minimum number of persons required to form Public Ltd. Company?
1) 7
2) 50
3) 20
4) 10
5) None Of these
Correct Ans:
3


Solution:
20


Q.5) Which of the following credit rating companies has been changed to ‘India Ratings and Research Private Limited (India Ratings)’?
1) Fitch India
2) CARE
3) ICRA
4) CRISIL
5) None Of these
Correct Ans:
1


Solution:
Fitch Ratings India Private Limited is now known as ‘India Ratings and Research Private Limited (India Ratings)’.