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Act MM Flashcards

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1
Q

CHAPTER I

A

PRELIMINARY

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2
Q

1

A

Short title, extent and commencement.

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3
Q

2

A

Definitions.

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4
Q

CHAPTER II

A

INCORPORATION, CAPITAL, MANAGEMENT AND BUSINESS

Balcony door

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5
Q

3

A

Establishment and incorporation of Reserve Bank BEDROOM

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6
Q

4

A

Capital of the Bank DINING

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7
Q

5

A

Increase and reduction of share capital KITCHEN

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8
Q

6

A

Offices, branches and agencies. WASHROOM

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9
Q

7

A

Management. HALL

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10
Q

8

A

Composition of the Central Board, and term of office of Directors KIDS PLAY AREA

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11
Q

9

A

Local Boards, their constitution and functions. CARETAKERS LOUNGE

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12
Q

10

A

Disqualifications of Directors and members of Local Boards COMMUNITY HALL

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13
Q

11

A

Removal from and vacation of office BMO OFFICE

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14
Q

12

A

Casual Vacancies and absences A BLOCK

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15
Q

13

A

Meetings of the Central Board. PEW AT SECURITY AREA

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16
Q

17

A

Business which the Bank may transact VISHRANTHI

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17
Q

18

A

Power of direct discount VEGETABLE MARKET

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18
Q

18A

A

Validity of loan or advance not to be questioned KEERAI SHOP

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19
Q

19

A

Business which the Bank may not transact RAJAJI BAHAVAN

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20
Q

CHAPTER III

A

CENTRAL BANKING FUNCTIONS

Olcott road

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21
Q

20

A

Obligation of the Bank to transact Government business NOLITA

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22
Q

21

A

Bank to have the right to transact Government business in India STATUE

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23
Q

21A

A

Bank to transact Government business of States on agreement STATUE DOG

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24
Q

21B

A

Effect of agreements made between the Bank and certain States before the 1st November, 1956 STATUE DOG

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25
Q

22

A

Right to issue bank notes STATUE AND PEW

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26
Q

22a

A

Non-applicability of certain provisions to digital form of bank notes STATUE AND PEW

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27
Q

23

A

Issue Department. SCHOOL

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28
Q

24

A

Denominations of notes TEA SHOP

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29
Q

25

A

Form of bank notes RE SHOWROOM

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30
Q

26

A

Legal tender character of notes SHREE MITHAI

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31
Q

26a

A

Certain bank notes to cease to be legal tender SHREE MITHAI

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32
Q

27

A

Re-issue of notes NAIDU HALL

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33
Q

28

A

Recovery of notes lost, stolen, mutilated or imperfect CROSS ROAD

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34
Q

28A

A

Issue of special bank notes and special one rupee notes in certain cases CROSS ROAD

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35
Q

29

A

Bank exempt from stamp duty on bank notes MAX

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36
Q

30

A

Powers of Central Government to supersede Central Board PETROL BUNK

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37
Q

31

A

Issue of demand bills and notes HIGH JOINT

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38
Q

33

A

Assets of the Issue Department ADYAR BRIDGE

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39
Q

34

A

Liabilities of the Issue Department HOSPITAL

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40
Q

37

A

Suspension of assets requirements as to foreign securities METRO GROUND

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41
Q

38

A

Obligations of Government and the Bank in respect of rupee coin BUS STOP

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42
Q

39

A

Obligation to supply different forms of currency AMBEDKAR MANDABAM

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43
Q

40

A

Transactions in foreign exchange CRICKET NETS

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44
Q

42

A

Cash reserves of scheduled banks to be kept with the Bank CROSSROAD

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45
Q

43

A

Publication of consolidated statement by the Bank SIGNAL

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46
Q

43a

A

Protection of action taken in good faith SIGNAL

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47
Q

45

A

Appointment of Agents BUS DEPOT

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48
Q

CHAPTER III-A

A

COLLECTION AND FURNISHING OF CREDIT INFORMATION

Corner fish shop

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49
Q

45A.

A

Definitions. AKKA KADAI

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50
Q

45B.

A

Power of Bank to collect credit information KAMAL HOUSING BOARD

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51
Q

45C

A

Power to call for returns containing credit information CORNER FISH SHOP

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52
Q

45D

A

Procedure for furnishing credit information to banking companies POLICE STATION

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53
Q

45E

A

Disclosure of information prohibited POLICE HEADQUARTERS

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54
Q

45F

A

Certain claims for compensation barred CROSS ROAD

55
Q

CHAPTER III-B

A

PROVISIONS RELATING TO NON-BANKING INSTITUTIONS RECEIVING DEPOSITS AND FINANCIAL INSTITUTIONS

Busstop

56
Q

45H.

A

Chapter IIIB not to apply in certain cases PRESIDENCY COLLEGE

57
Q

45I

A

Definitions AVVAI SHANMUGAM SALAI

58
Q

45IA.

A

Requirement of registration and net owned fund VIVEKANANDA HOUSE

59
Q

45IB

A

Maintenance of percentage of assets. BESANT ROAD

60
Q

45IC

A

Reserve fund GU POPE STATUE

61
Q

45ID

A

Power of Bank to remove directors from office TIRUVALLUVAR STATUE

62
Q

45IE

A

Supersession of Board of directors of non-banking financial company (other than Government Company) MARINA GROUND

63
Q

45J

A

Bank to regulate or prohibit issue of prospectus or advertisement soliciting deposits of money KANNAGI STATUE

64
Q

45JA

A

Power of Bank to determine policy and issue directions KANNAGI STATUE

65
Q

45K

A

Power of Bank to collect information from non-banking institutions as to deposits and to give directions MARINA SWIMMING POOL

66
Q

45L

A

Power of Bank to call for information from financial institutions and to give directions EZHILAGAM

67
Q

45M

A

Duty of non-banking institutions to furnish statements, etc., required by Bank MADRAS UNNIVERSITY

68
Q

45MA

A

Powers and duties of auditors 75TH INDEPENDANCE DAY STATUE

69
Q

45MAA

A

Powers to take action against auditors napier bridge

70
Q

45MB

A

Power of Bank to prohibit acceptance of deposit and alienation of assets ISLAND GROUNDS

71
Q

45MBA

A

Resolution of non-banking financial company WAR MEMORIAL

72
Q

45MC

A

Power of Bank to file winding up petition SECRETARIAT

73
Q

45N

A

Inspection RBI

74
Q

45NA

A

Deposits not to be solicited by unauthorized person RBI SUBWAY

75
Q

45NAA

A

Power in respect of group companies PARRYS CORNER

76
Q

45NB

A

Disclosure of information. HIGH COURT

77
Q

45NC

A

Power of Bank to exempt CHENNAI FORT

78
Q

45Q

A

Chapter IIIB to override other laws. QAID MILLAH BRIDGE

79
Q

45QA

A

Power of Company Law Board to offer repayment of deposit BRIDGE

80
Q

45QB

A

Nomination by depositors MULTI SPECIALITY HOSPITAL

81
Q

CHAPTER III-C

A

PROHIBITION OF ACCEPTANCE OF DEPOSITS BY UNINCORPORATED BODIES METRO SIGNAL- GOVERNMENT ESTATE

82
Q

45R.

A

Interpretation INDIA POST GPO

83
Q

45S

A

Deposits not to be accepted in certain cases BUHARI

84
Q

45T

A

Power to issue search warrants BILAL HOTEL

85
Q

CHAPTER III-D

A

REGULATION OF TRANSACTIONS IN DERIVATIVES, MONEY MARKET INSTRUMENTS, SECURITIES, ETC. LIC

86
Q

45U

A

Definitions SPENSER PLAZA

87
Q

45V

A

Transactions in derivatives GEMINI BRIDGE

88
Q

45W

A

Power to regulate transactions in derivatives, money market instruments, etc AG DMS METRO

89
Q

45X

A

Duty to comply with directions and furnish information RBSC

90
Q

CHAPTER III-E

A

JOINT MECHANISM HYATT HOTEL

91
Q

45Y

A

Joint Mechanism ANNA ARIVAALAYAM

92
Q

CHAPTER III-F

A

MONETARY POLICY BMW MOTARRAD

93
Q

45Z

A

Provisions of this Chapter to override other provisions of Act COFFEE HOUSE- MOUNT ROAD

94
Q

45ZA

A

Inflation target WORKAFELLA

95
Q

45ZB

A

Constitution of Monetary Policy Committee TEYNAMPET METRO

96
Q

45ZC

A

Eligibility and selection of Members appointed by Central Government NANDANAM METRO

97
Q

45ZD

A

Terms and conditions of appointment of Members of Monetary Policy Committee NANDANAM ART COLLEGE

98
Q

45ZE

A

Removal of Members of Monetary Policy Committee YMCA NANDANAM

99
Q

45ZF

A

Vacancies, etc., not to invalidate proceedings of Monetary Policy Committee MAJESTIC

100
Q

45ZG

A

Secretary to Monetary Policy Committee DETAILING MAFIA

101
Q

45ZH

A

Information for Monetary Policy Committee Members SAIDAPET METRO

102
Q

45ZI

A

Meetings of Monetary Policy Committee ALTAHF FOOD COURT

103
Q

45ZJ

A

Steps to be taken to implement decision of Monetary Policy Committee Department of technical education

104
Q

45ZK

A

Publication of decisions ANNA UNIVERSITY

105
Q

45ZL

A

Publication of proceedings of meeting of Monetary Policy Committee GANDHI MANDABAM

106
Q

45ZM

A

Monetary Policy Report CHENNAI SNAKE PARK

107
Q

45ZN

A

FAILURE TO MAINTAIN INFLATION TARGET CANCER INSTITUTE

108
Q

45ZO

A

Power to make rules IIT MADRAS

109
Q

CHAPTER IV

A

GENERAL PROVISIONS

Bridge sew

110
Q

46

A

Contribution by Central Government to the Reserve Fund. DOLLARS AND POUNDS

111
Q

46A

A

Contribution to National Rural Credit (Long Term Operations) Fund and National Rural Credit (Stabilization) Fund MADHYA KAILASH

112
Q

46C

A

National Industrial Credit (Long Term Operations) Fund KASTURI BHAI NAGAR RAILWAY STATION

113
Q

46D

A

National Housing Credit (Long Term Operations) Fund FERNS AND PETALS

114
Q

47

A

Allocation of surplus profits 24*7 GYM

115
Q

48

A

Exemption of Bank from income-tax and super-tax McDONALLDS

116
Q

49

A

Publication of bank rate SKECHERS

117
Q

50

A

AUDITORS BOMBAY BRASSERIE

118
Q

51

A

Appointment of special auditors by Government COOLBIZ

119
Q

52

A

Powers and duties of auditors KFC’

120
Q

53

A

Returns SPORTUS

121
Q

54

A

Rural Credit and Development A2B

122
Q

54A

A

Delegation of powers HOTEL CRESCENT

123
Q

54AA

A

Power of Bank to depute its employees to other institutions. CROMA

124
Q

57

A

Liquidation of the Bank MURUGAN STORES

125
Q

57A

A

Powers of Bank not to apply to International Financial Services Centre INDIAN OIL

126
Q

58

A

Power of the Central Board to make regulations PM HOSPITAL

127
Q

58A

A

Protection of action taken in good faith. ERODE AMMAN MESS

128
Q

CHAPTER V

A

PENALTIES PUNJAB HANDLOOMS

129
Q

58B

A

PENALTIES PONNU SAMY

130
Q

58C

A

Offences by companies. CYCLE SHOP

131
Q

58D

A

Application of section 58B barred. A2B

132
Q

58E

A

Cognizance of offences POORVIKA

133
Q

58F

A

Application of fine MUGHAL BRIYANI

134
Q

58G

A

Power of Bank to impose fine MCKINGSTOWN

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