If a nominee dies before payment under simultaneous nomination, their share is:

Which of the following is TRUE for simultaneous nomination?

In simultaneous nomination, which condition is mandatory?

Under successive nomination, nominees receive rights:

Maximum number of nominees allowed for a deposit account is:

Nomination facility is applicable to which of the following accounts?

Nomination in deposit accounts is governed by which rules?

A startup receives ₹3 Cr via government-backed Fund of Funds. This is an example of:

Which type of MSME loan charges interest only on the used amount?

Which of the following is true about the Transition Buffer in MSME classification?

Invoice/Bill discounting loans are primarily used to:

Which MSME scheme provides subsidy-based funding for new micro industries?

If a business has investment ₹30 Cr and turnover ₹90 Cr, what will its MSME classification be?

In the context of MSME loans, TReDS is used for:

Which of the following entrepreneurs is eligible for a 10% fee concession under MSME schemes?

Revised limits allow businesses to grow larger while still retaining MSME benefits, encouraging formalization and access to loans, subsidies, and guarantees.

Which of the following is a benefit of the revised MSME classification limits?

Which of the following recent updates (2025) is TRUE?

Which of the following is an example of the “Either Investment or Turnover” rule?

Which government scheme provides loans up to ₹10 lakh for micro units without collateral?

Which of the following is NOT a type of MSME loan?

A small packaging company has investment ₹20 Cr and turnover ₹120 Cr. What happens under the new MSME rules?

Which of the following is correct about the “Transition Buffer”?

What is the maximum CGTMSE guarantee cover for Micro & Small Enterprises under the latest update?

What is the maximum CGTMSE guarantee cover for Micro & Small Enterprises under the latest update?

Which of the following statements about MSME loans is TRUE?

A textile exporter has investment ₹9 Cr and turnover ₹45 Cr. Under the latest limits, what is its classification?

MSME classification depends on which of the following?

1.A bank’s right of set-off can be restricted by an express agreement with the customer.

2.Even if there is an agreement prohibiting set-off, the bank can still exercise the right at its discretion.

Which of the statements given above is/are correct?

1.Set-off can be exercised only in respect of debts that are certain and presently payable.

2.A bank can set off a customer’s deposit against a future or contingent liability.

Which of the statements given above is/are correct?

1.Clayton’s Rule is based on the principle of “first in, first out.”

2.Clayton’s Rule mainly applies to savings bank accounts.

Which of the statements given above is/are correct?

1. The right of appropriation arises when a customer owes more than one debt to the bank.

2. The right of appropriation applies only when the payment made is sufficient to clear all debts.

Which of the statements given above is/are correct?

Assertion (A): Garnishee Order applies to future deposits.

Reason (R): It freezes all incoming funds.

Garnishee Order Applies To

Bank’s Right Not to Produce Original Books Is Based On

Clayton’s Rule Means

Assertion (A): Under Section 59, bank can decide appropriation.
Reason (R): Debtor gives express instructions.

Right of Appropriation Is Governed By

Which Is Essential for Set-Off?

Assertion (A): Bank can set off a trust account against trustee’s personal loan.
Reason (R): Capacity of the account holder is different.

Bank Cannot Exercise Lien On

Right of General Lien Is Given Under

Disclosure Allowed Under Which Situation?

Assertion (A): Banker’s duty of secrecy continues even after account closure.
Reason (R): The duty arises from contractual obligation.

Assertion (A): A bank renting a locker is a lessor.
Reason (R): The locker facility is provided on a rent basis.

Banker’s Role in Collecting Cheques

Statement Type

Assertion (A): When a customer deposits money, the banker becomes a debtor.
Reason (R): Deposited money becomes the bank’s property.

Which of the following correctly defines “banking” under Section 5(b) of the Banking Regulation Act, 1949?

Curriculum and policy framework for JTCs is decided by

Unnat Bharat Abhiyan is associated with VAMNICOM as a: