1. Which of the following is correct? (1) Illiterates cannot open any account in a bank (2) Illiterate women cannot open any account in a bank (3) Illiterates can open savings bank accounts in a bank (4) Advance can be granted to a minor (5) Advance can be granted to a minor if he is of sound mind banking awareness for ibps rrb 2. Non convertible debentures are ________ (1) debt instruments which acquire equity status at the issuers options. (2) debt instruments which acquire equity status at the investors options. (3) Debt instruments which acquire equity status with the permission of Register of Companies (4) Debt instruments which acquire equity status on maturity (5) Debt instruments which retain their debt character and cannot acquire equity status. 3. “IRDA norms will boost online distribution” – was the news in some major newspaper. This means online distribution of which of the following will boost up? (1) Bank products (2) Insurance policies/product (3) Licenses to open new banks/branches of existing banks (4) Licenses to operate 2G/3G spectrums. (5) Permits for export of iron ore. 4. To prevent frauds in multiple mortgage cases, under SARFAESI Act, 2002 one special thing has been created and made operative from 01.04.2001. which one is that from the following? (1) Special Register Office at Lucknow (2) Special Central Arbitration Bureau at Lucknow (3) Central SARFAESI Tribunals at 6 centers (4) Central Electronic Registry (5) State Electronics Registries
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