Banking Model Questions – Set 2
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Banking Model Questions – Set 2 - sample questions with answers
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1. If the Office of the Company Registrar refuses to register a company, within how many days can an appeal be filed in court?
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Answer: Within 15 days
If the Company Registrar refuses registration, an aggrieved person may file an appeal before the court within 15 days of receiving such notice.
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2. To petition the court for the cancellation of an alteration to the objects of a public company, what is the minimum percentage of paid-up capital shareholders must hold?
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Answer: 5 percent
Under the Company Act, shareholders holding at least 5 percent of the paid-up capital of a public company may apply to the court to cancel an alteration of the company's objects.
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3. What is the rate at which Nepal Rastra Bank provides short-term liquidity to banks called?
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Answer: Bank rate
केन्द्रीय बैंकले वाणिज्य बैंकलाई अन्तिम ऋणदाताका रूपमा तरलता दिने दरलाई बैंक दर भनिन्छ; आधार दर भने बैंक आफैँले आफ्नो लागत जोडेर निकाल्ने दर हो।
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4. What is inflation?
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Answer: A sustained rise in the general price level of goods and services
मुद्रास्फीति भनेको वस्तु तथा सेवाको सामान्य मूल्य स्तर निरन्तर बढ्नु हो, जसले पैसाको क्रयशक्ति घटाउँछ।
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5. What is the minimum educational qualification required to become an independent director of a Class 'A' commercial bank or a Class 'B' national-level development bank?
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Answer: Master's Degree
An independent director of a Class 'A' bank or a national-level Class 'B' development bank must have passed at least a Master's degree.
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6. What is the minimum educational qualification required to qualify as an independent director of non-national level Class 'B' or national-level Class 'C' financial institutions?
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Answer: Bachelor's Degree
To be eligible as an independent director of non-national level Class 'B' or national-level Class 'C' institutions, one must hold at least a Bachelor's degree.
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7. Through the monetary policy of which fiscal year was the minimum paid-up capital requirement for commercial banks raised fourfold to 8 billion rupees?
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Answer: FY 2072/73
In the monetary policy of FY 2072/73, Nepal Rastra Bank mandated commercial banks to increase their minimum paid-up capital from 2 billion to 8 billion rupees.
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8. According to the current regulations of Nepal Rastra Bank, what is the minimum paid-up capital required to establish a 'Class A' commercial bank?
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Answer: NPR 8 Billion
As per the directives of Nepal Rastra Bank, the minimum paid-up capital requirement for Class A commercial banks is at least NPR 8 billion.
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9. In Nepal, what is the minimum paid-up capital required for a national-level 'Class B' development bank?
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Answer: NPR 2.5 Billion
According to Nepal Rastra Bank regulations, national-level development banks must maintain a minimum paid-up capital of NPR 2.5 billion.
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10. What is the minimum paid-up capital requirement for a development bank operating across 4 to 10 districts?
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Answer: NPR 1.2 Billion
Development banks with a operational coverage of 4 to 10 districts are required to have a minimum paid-up capital of NPR 1.2 billion.
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11. What is the minimum paid-up capital requirement for a development bank operating in 1 to 3 districts?
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Answer: NPR 500 Million
As per Nepal Rastra Bank regulations, development banks operating in 1 to 3 districts must maintain a minimum paid-up capital of NPR 500 million.
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12. According to Nepal Rastra Bank policy, what is the minimum paid-up capital required for a national-level finance company?
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Answer: NPR 800 Million
In Nepal, national-level finance companies are required to have a minimum paid-up capital of NPR 800 million.
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13. What is the minimum paid-up capital required for finance companies operating across 4 to 10 districts?
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Answer: NPR 800 Million
According to Nepal Rastra Bank directives, finance companies operating in 4 to 10 districts must maintain a minimum paid-up capital of NPR 800 million.
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14. What is the minimum paid-up capital required for a finance company operating within 1 to 3 districts?
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Answer: NPR 400 Million
Finance companies operating in 1 to 3 districts are required to maintain a minimum paid-up capital of NPR 400 million.
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15. According to the Monetary Policy of FY 2078/79, national-level development banks and finance companies are required to issue debentures equal to at least what percentage of their paid-up capital?
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Answer: 25 percent
As per the Monetary Policy of FY 2078/79, national-level development banks, finance companies, and wholesale microfinance institutions are required to issue debentures equivalent to at least 25% of their paid-up capital.
This chapter has 56 questions. Practise them all with timing, answers and explanations.