JAIIB LRAB Quiz 1 - Legal and Regulatory Aspects of Banking (LARB)

Following Questions are included in this Legal and Regulatory Aspects of Banking (LRAB) Mock Test:
1. Rs. 1 notes are issued under the signature of whom?
2. Who constitutes Monetary Policy Committee?
3. The Actual CRR balance on any day of that should not fall below____% of the required average daily cash balance by any Bank.
4. The definition of Banking is given in which act?
5. As per BR Act, the ratio of Authorized, Subscribed and Paid up Capital of a Banking Company in India must be minimum of __________.
Now lets get into the Mock test. Don't forget to review your answers at the end of this quiz.

JAIIB LRAB Quiz - Legal and Regulatory Aspects of Banking (LARB)

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