1) Mr.

Arun, father of a minor child 'Mrlkula opened an Alc

of Miss Mrlkula
under his natural guardianship. The date of birth of minor Is
060!.!6. "n 0!0!#$,
Mr. Arun approaches %ou for &ithdra&al of repa% the
borro&ed mone%
'lease discuss the bank's stand.
a) The mone% deposited belonged to Mr. Arun. Therefore, he
&ill be allo&ed to
&ithdra&.
b) Mr. Arun &ill not be allo&ed to &ithdra& the amount as he
has lost the capacit% of a
guardian after his child has become ma(or. d))an sue and be
sued b% third parties
*o& the erst&hile minor himself &ill operate the account, as
he has become ma(or.
c) Mr. Arun &ill be allo&ed to &ithdra& the mone% pro+ided
he gi+es a letter in &riting on ,eposits that the mone% &ill be
spend for the benefit of his daughter.
d) The &ithdra&al &ill be permitted if both Mr.Arun and his
daughter, Miss Mrikula, sign the &ithdra&al form.
-
.) If t&ent% t&o persons come together' documents and form
a partnership to do business other than banking, and not
registered under the )ompanies Act, 1#/6 such a
firm &ill be treated as
a) 0elf help group
b) An illegal Association
c) 'roposed '+t. 1td. )o
d) 'roprietorship )oncern
e) 'artnership concern.
-
2) 3hen a trust deed ,is silent about operations in bank
,account that of the
follo&ing should operate the account4
a) "nl% b% chairman and secretar%
b) ,epends upon resolution in the meeting of trustees
c) All Trustees (ointl%
c
d) -% more than /05 of the trustees
e) )annot sa% as it needs legal ad+ice
$) 3hich of the follo&ing does aptl% describe the simple
mortgage4
a) The title ,eeds of the propert% is handed, propert% of the
6arta o+er to the creditor
b) The mortgage ma% use the %ields and fruits of the propert%
mortgaged to repa% the loan
c) A redemption cannot take place before lapse of 1. %ears
d) The mortgager retains possession of the propert% but gi+es
a personal co+enant.to
repa% the borro&ed mone%.
e) It is a +irtual sale &ith a right of redemption
,
/) A 'artnership firm, &hich is not registered 78
a) )annot be sued b% third parties.
b) Mr. Arun &ill not be allo&ed to &ithdra& the b) )annot
sue third parties, but can be sued
c) Is not a partnership firm in legal sense.
guardian after his child has become ma(or.
d))an sue and be sued b% third parties
-
6) 3hat Is Interest spread8
a) Total Interest recei+ed Total Interest paid8
b) A+erage %ield on ad+ances A+erage %ield on ,eposits
that the mone% &ill be spend for the benefit
c) Interest earned on Ad+ancesInterest paid on ,eposits.
d) )ost of deposits)ost of Ad+ances
-
!) Mr. '6ishore', 6arta of a 9oint :indu ;9:<), has e=ecuted
all the documents including a mortgage deed mortgaging the
9:< propert% as securit% for a loan granted b% a bank to the
famil% firm. The ad+ance has become irregular and the bank
&ants to reco+er it. Mr. '>attan', one of the coparceners, has
a T,> from the same bank, standing in his indi+idual
capacit%. )an the bank e=ercise lien on the T,>4
a) ?es, the bank has lien on the T"> because the coparcener
is a member of 9:<.
b) All members of 9oint :indu <amil% are called
c
coparceners. The% are like partners
of a firm. Therefore, each member of 9:< is personall%
responsible and liable for the
debts of 9:<. As such, the bank has general lien o+er the
T,> of Mr. >attan.
c) The -ank cannot e=ercise lien on T"> of Mr. >attan, as
he has not signed an%
document. 1ien is a+ailable onl% on the ancestral propert% as
&ell as the personal
propert% of the 6arta.
d) Mr. >attan has not furnished personal guarantee for the
loan granted to the 9:<.
Therefore, he is not personall% liable to the bank for repa%ment of the
loan. The bank cannot e=tend its general lien to the T,> issued in the
personal name@capacit% of Mr. >attan.
A) 3hich of the follo&ing is a pro+ision In -anker's -ook
B+idence Act4
a) *o o+er&riting of figures is permitted
b) 1edgers should be retained as permanent
record
c) -anks need not produce their original
books in the )ourt of la&
d) All of these .
e) *one of these.
)
#) 3hat Is the appro=imate -reak B+en 'oint In terms of
sales Calue of a pro(ect &ith follo&ing details8
'ro(ected 0ales >s 100
<i=ed )osts >s 10
Cariable )osts >s A0
'rofits >s 10
a) /0 b) //c) 6/ d) 6Ad) *one
A
10) 3hich of the follo&ing is not a *egotiable Instrument4
a) )ommercial 'aperD .
b) )ertificate of ,eposits
c) Term ,eposit >eceipts
d) All of the abo+e
e) *one of the abo+e.
)
11) A 0uccession )ertificate has effect
a) Throughout India
b) Throughout 0tate onl%
c) Throughout ,istrict "nl%
d) At the place specified in the certificate
e) At the place &here immo+able assets are located.
A
1.) Cermiculture refers to8
a) 0%stem of rearing of earth&orms and processing organic
&aste through the
earth&orms internal s%stem. '
b) >apid +egetati+e multiplication of superior mother plants in
the shortest time span, &hich leads to high producti+it% per
plant. c) It refers to mulberr% culti+ation, silk &orm
rearing, reeling, t&isting etc.
d) All of the abo+e
A
12) 3hich of the follo&ing is pa%ment in due course4
a) )rossed cheEue paid o+er counter
b) )heEue &ith forged signatures of the dra&er
c) -earer cheEue &ith forged endorsement on it
d) )heEue paid after receipt of garnishee order
e) "rder cheEue &ith Irregular endorsement.
)
1$) The correct endorsement of a cheEue dra&n In fa+our of
)handlgarh )lub Is8
a) *. 0rini+asan
b) *. 0rini+asn, 0ecretar%
c) <or and on behalf of )handigarh )lub 0igned b% *.
0rini+asan, 0ecretar% ;in the
capacit% of AuthoriFed 0ignator%) G
d) <or and on be'Malf of )handigarh ,)lub
0igned b% *. 0rini+asa, 0ecretar% ,
e) c H d.
)
1/) The holder of a bill or a cheEue
b
cannot sue the dra&er before8 '
a) The date it bears
b) It is dishonoured
c) It is cancelled
d) It is noted or protested
e) All the abo+e.
16) "n 1G' August .00/, a cheEue Is returned In an account
&ith the remarks 'Bffects not cleared, please present again',
The Instruments &hich &ere sent for collection &ere realiFed
on .nd August .00/ and out of their proceeds other cheEues
&ere paid, The returned cheEue &as again presented b% the
collecting bank on 2rd August .00/ &hen the credit balance
&as not sufficient to ,meet the same8
a) The cheEue &ould be paid as dishonoring the same again
ma% damage the customer's reputation.
b) The bank is bound to pa% the cheEue as sufficient funds
ought to ha+e been
retained in the account in +ie& of pre+ious da%'s notice of
return.
c) The bank is not bound to pa% the cheEue if sufficient funds
are not a+ailable in the account &hen the cheEue is
presented.
d) -ank &ill ha+e to pa% the cheEue as the
commitment has alread% been made.
e) *one of these
)
1!) A cheEue bearing names of t&o banks and Is presented
through local clearing8
a) The cheEue &ill be paid through bank
&hose crossing appears first.
b) The cheEue ma% be paid through either of
the banks.
c) The cheEue ma% be paid through an% bank
irrespecti+e of crossings.
d) The cheEue &ill be returned &ith the
remarks .crossed to t&o banks'
,
.
1A) A -ill ma% be dra&n, accepted and endorsed &ithout an%
c
consideration. The +arious parties sign the bill for the
purpose of lending their names to oblige their friends. 0uch a
bill Is called8
a) Bndorsed bill8 or
b) ,emand billD or
c) Accommodation billD or
d) )lean bill.
1#) 3hat is the most Important action to be taken &hen stop
pa%ment Instructions are recei+ed4
a) Mark the instruction in the rele+ant ledger account
prominentl% after +erif%ing that the cheEue has not been paid.
b) Inform all the concerned staff members to
e=ercise caution.
c) Bnter it in the stop pa%ment register. d) Issue
ackno&ledgment letter to the
customer.
e) All the abo+e
B
.0) A cheEue is dra&n pa%able to G :elen or order.G It Is
stolen and :elen's endorsement is forged. The banker pa%s
the cheEue in due course8
a) 0ince the cheEue bears forged
endorsement, the pa%ing banker is not discharged.
b) The pa%ing banker is discharged from liabilit% and can debit
the dra&er's account &ith the amount of the cheEue.
c) The pa%ing banker is discharged pro+ided
the collecting banker has guaranteed the
pa%ment.
d) *one of these.
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.1) A partnership firm should not ha+e the follo&ing person
as partner8
a) Illiterate
b) Indischarged insol+enIminor
c) Abo+e 60 %ears old man
d) 3oman
-
..) "n the death of a partner the credit balance In the
a
)urrent account Is pa%able8 a) To all partners and legal heir
of the
deceased.
b) To the legal heirs of the deceased onl%
c) To all partners
d) *one of the abo+e
.2) A 'ublic 1Imited compan% starts business8
a) After obtaining the certificate of
incorporation
b) After producing the certificates of
commencement of business
c) As and &hen registered b% the -oard
d) *one of these.
-
.$) Mr, >am has come to -ank In an Into=icated condition to
encash a cheEue, -ank &ill8
a) >eEuire a &itness and thereafter pa% the
amount
b) *ot pa% it
c) 'a% it if he is in a position to use his mental faculties
d) *one of these. ,
A
./) In case of :I< firms, &hile getting the documents
e=ecuted8
a) 6arta and all ma(or coparceners should
sign the documents.
b) Ifthere is an% minor member, the e=ecution
is done b% the guardian on minor's behalf. c) 6arta is to
e=ecute all documents.
d) -oth a and b
,
.6) Mr. Mohan has a 0afe ,eposit 1ocker facilit% &ith the
bank. The locker rentals ha+e. not been paid b% him despite
reminders. Mr. 'Mohan' has a clean o+erdraft at some other
branch of the bank &hich is Irregular and time barred. "ne
da%, he comes to the bank to operate the locker. The -ank
Manager refuses to allo& him to operate and sa%s that he has
a lien on the contents for the abo+e dues. ,iscuss.
a) The bank cannot den% access to the locker. >ent can be
reco+ered separatel%.
b) -ank can refuse the access to the locker 0 because, as per
b
the lease agreement,
locker holder is reEuired to p,a% the rent in ad+ance. :o&e+er,
bank cannot ha+e the lien on the contents of the locker
because
the lien is a+ailable onl% against those securities, &hich come
into the hands of the banker under the debtor creditor
relationship.
c) Access to the locker can be denied unless rent arrears are
cleared and the o+erdraft of another branch paid in full.
d) Access can be gi+en after reco+er% of the o+erdraft
outstanding at another branch. >ent arrears can be reco+ered
after&ards.
.!) 'A' finds a pen on the road H 'pledges It &ith '-'. 'A'
ho&e+er had Incurred >s.10@. In getting the pen repaired.
The real o&ner ')' is demanding the deli+er% of the pen to
him.
a) '-' cannot deli+er the pen to ')'
b) 'A' has to deli+er the pen to ')' only &ithout
reco+er% of repairing charges.
c) 'A' can deli+er the pen to ')' on reco+ering
the repair charges.
d) *one ofthe abo+e.
-
.A) A public limited compan%, one of %our +alued client,
approaches %ou for granting a term loan for >s. .0 lakhs 7or
plant and machiner%. It Is, ho&e+er, obser+ed that if the term
loan is allo&ed, total borro&ing of the compan%' &ill e=ceed
its paidup capital and free reser+es. In this case8
a) The loan cannot be allo&ed to the
compan% under an% circumstances.
b) The loan ma% be granted onl% if it is appro+ed b% the
>egistrar of )ompanies.
c) The borro&ings must be authorised b% the
shareholders b% a resolution in the general
bod% meeting.
d) The loan ma% be granted after obtaining
appro+al from the )ompan% 1a& -oard
)
. .#) If the outstanding amount Is >s 10 lakhs or more,
a
-anks ma% file the reco+er% suit In8
a) ,>T
b) :igh )ourt
c) 0upreme )ourt
d) ,epending upon the (urisdiction of the
court
e) All the abo+e
20) Mr. "li+e and Mr. -enson are ha+ing T"> for >s. 10
lakhs, pa%able to Bither or 0ur+i+or. -oth the depositors die
In an accident. The amount of T"> is claimed
simultaneousl% b% the legal heIrs of '"li+e' .as &ell as of
'-enson'. ,iscuss. . a) The amount &ill be paid to the legal
heirs of
"li+e only because his name appears first.
b) The claim &ill be paid to the legal heirs of "li+e and
-enson after taking (oint'
discharge from them as &ell as the usual indemnit% &hich is
taken b% the bank &hile settling the claim, in the' deceased
depositor's account.
c) The amount &ill be paid to the legal heirs
&ho approached the bank first. ' .
d) The amount &ill become the propert% of the
bank and lapse to the depositors because
both of them ha+e died. .. ;D.
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21) <or a+ailing remed% under 0ection 12A of *egotiable
Instruments Act the'prlma facie e+idence In fa+our 'of holder
and
against dra&er8',
a) 'roduction of banks slip or memo ha+ing on them banks
official mark denoting that the cheEue has been dishonoured.
b) -ank &ill ha+e to produce the cheEue
returned register.
c) 'ersonal e+idence of bank officer is must to
pro+e the dishonour of cheEue.
d) 0tatement of account is the sufficient
e+idence.
e) *one of the abo+e.
A
2.) Isance bills dra&n outside India are reEuIred to be
stamped b%8
a) <irst holder in India
b) An% holder in India
c) <irst holder abroad
d) *one of these.
a
22) ,ocuments gi+ing the -anker a fight of summar% suit
are8
a) ,emand promissor% note.
b) ,ishonoured I unpaid cheEues or any
negptiable instruments.
c) -oth a and b
d) *one of these.
)
2$) The last date of limitation &as
1A.1...00$. A cheEue dated 16.1...00$ &as presented to
pa%ing banker on .0.1...00$ &hich &as paid on the same
da%. The effect &ill be8
a) 'a%ment has come after e=pir% of limitation
period and the documents &ill' become time barred.
b) )heEue &ill be deemed to be paid from the date of cheEue
and the limitation period &ill be e=tended from 1A.1...00$.
c) 'a%ment through cheEue is not co+ered under authoriFed
part pa%ment as per section 1# of limitation act.
d) *o legal remed% &ill be a+ailable e) *one of the abo+e
-
2/) ?ou recei+e a complaint from reliable source Mr. -undle
that Mr. )heat has stored counterband Items in his locker.
?ou tr% to contact Mr. )heat, but he Is reported out of station
for ! da%s. :o& &ill %ou proceed &ith the matter4
a) The locker &ill be broken open in the presence of Mr.
-undle to e=amine the position. G
b) The locker &ill be broken open 9nthe presence of t&o
independent &itnellses to find out the truth in the complaint.
c) Matter &ill be immediatel% reported to the police. In the
presence of police official, the locker &ill be drilled open and
if any counterband item is found, the matter &ill be dealt
&ith b% the police under the appropriate la&. "ther&ise,
in+entor% &ill be made, on &hich the signature of police
c
official and custodian &ill be obtained and contents &ill be
sealed. The customer &ill be informed about the same and
contents &ill be deli+ered to him or another locker &ill be
allotted to him after taking an ackno&ledgement for the
articles.
d) Matter &ill be reported to head office.
Action &ill be taken as suggested b% head
office. .
26) As per >-I Act, a bank can be included in .nd 0chedule
pro+ided it has paidup capital and reser+e of an aggregate
+alue not less than8
a) >s. / lakh b) >s./ crore
c) >s.100crore d) >s./0lakh
A
.
2!) As per 6no& ?our )ustomer guidelines, bank should
de+elop internal monitoring s%stem for reporting of all cash
transactions ;deposits and &ithdra&als of >s. lacs and
abo+e.
a) /b) 10 c) 1/ d) .0
-
2A) The natural guardian, <unn%, opened a sa+ings bank
account In the name of hIs minor son, '6ushagr' as natural
guardIan. "ne da%, '6ushagr' comes to %ou and informs that
<unn% has become Insane. :e &ants to &ithdra& some
mone% from the account. The mother of '6ushagr' Is read% to
countersign the &ithdra&al. 3hat is %our ad+ice to 6ushagr
and his mother4 a) The% &ill be ad+ised to bring a certificate
of insanit% from the competent court I doctor and thereafter
the guardianship &ill be shifted to the mother and mother
&ill be allo&ed to operate the account in the capacit% of a
guardian.
b) Mother &ill be allo&ed to operate the t
account as guardian.
c) 6ushagr &ill be allo&ed to operate the..,
account if he is 10 %ears old or more than
10 %ears.
d) Jrandfather of 6ushagr &ill be allo&ed to
A
operate the account as guardian.
2#) 3ho &as the head of >-I )ommittee, on &illful
defaulters4
a) Mr. /.0. 6ohli
b) Mr. 9ilani
c) Mr. -asle
d) Mr. Tal&ar
e) Mr. >-. Jupta
A
$0) 1imit of housing loan under 'riorit% 0ector for
construction, reno+ation and
reconstruction Is. 8 8
a) >s 1/ lacD
b) >s .0 lac
c) >s ./ lac
d) *one of the abo+e.
A
$1) 3ith &hom does the propert% of insol+ent person rest till
such time he Is undischarged4
a) 'arents of the insol+ent person
b) )ourt bailiff
c) "fficial liEuidator
d) Manager of insol+ent's propert%
e) "fficial assignee
B
$.) >-I has allo&ed authoriFed dealers to open foreign
currenc% account ;noninterest bearing) for. pro(ect offices in
India. 3hich of the follo&ing is not true in this regard8
) The pro(ect office has been established in India, &ith the
>eser+e -ank's g'eneral I specific permission and has the
reEuisite appro+al of the concemed pro(ect sanctioning
authorit%.
b) The contract under &hich the pro(ect has been sanctioned,
specificall% pro+ides for pa%ment in foreign currenc%
c) Bach pro(ect has ohl% one foreign
currenc% account
d) The permissible debits and credits in the
B
account.
e) *one of the abo+e
$2) 0ubordinated ,ebt <inancing in+ol+es8 a) <inancing of
Infrastructure 'roducts.
b) <inancing on the basis of Kuasi eEuit%
instrument.
c) <inancing instrument has fle=ible maturit%
and pa%ment terms.
d) <inance can be con+erted into eEuit% at a
later date, if desired.
e) All the abo+e
B
$$) An e=port bill has been G)r%stallisedG, the bill &as retired
b% the importer abroad later. The rate to be applied for
crediting e=porter's ale is8
a) -ill bu%ing rate b) -ill selling rate
c) TT selling rate d) TT bu%ing rate
)
$/) The normal repa%ment period in a
'ump 0et ad+ance is%ears8
a) 2 b) / c) ! d) #
,
$6) B+er greening of ad+ances refers to8 a) <inancing of high
tech agriculture products.
b) 'racticing of managing balance sheet through means
&hich ma% not be +iolating banking la&s in letter but
breaching them inspirit
c) >educing *'As b% cross lending to pa% of
loans taken from banks.
d) a and b abo+e
e) band c abo+e
B
$!) The Authorised ,ealer can gi+e foreign e=change to a
person going abroad for immigration8
a) I0 L ./,000 b) I0 L /0,000
c) I0 L !/,000 d) I0 L 1,00,000
,
$A) Jreen 0hoe option refers to8
a) "ption to retain o+ersubscribed share mone% recei+ed
through public issue.
a
b) "ption to banks to finance in emerging
green field pro(ects
c) In+estment b% banks in giltedged and
securit%
d) "ptions to raised funds in I0 L.
$#) >-I had constituted a 3orking Jroup on >upee
,eri+ati+es &hich &as headed' b%8
a) 0h. 9aspal -indra
b) 0h. :.*. 0inor
c) 0h. Cepa 6amesam
d) 0h. >C. Cerma ,
A
/0) A firm is ha+ing Tangible *et&orthas >s. /0crs, )urrent
Assets as >s 100crs, , -orro&ed funds >s. .00 cr. "n the
lIabllit%,7, side, the )urrent 1iabilities >s. 1/0 crs, <i=ed
Assets >s 200 crores. ."n the basis of the a+ailable
information the compan%.M is said to be facing 78
a) 1iEuidit% problem
b) 1iEuidit% 0oundness
c) 0ol+enc% problem
d) *one of these
e) a H c
B
/1) 'roceeds of B=port -ill dra&n on 0ri 1ankan Importer
shall be credited8
a) In AMI alc
b) In I0L *"0T>" alc
c) In A)I ,ollar ale
d) In an% other permitted currenc%.
)
/.) 3hich of the follo&ing items is negotiable instrument4
a) Air &a% bill
b) -ill of lading ;on board, lading)
c) Mates receipt
d) 1ash bill of landing
-
/2) <or +iolation of <BMA prosecution is done b%8
a) >-Ib) ,J<T
,
c) <B,AI d) Bnforcement directorate
/$) B=ternal )ommercial -orro&ings8
a) >efer to funds sources through cross'
border a+enues
b) Means the funds borro&ed from a domestic
bank in the countr%
c) Means the funds borro&ed from the
go+ernment
d) *one of the abo+e.
A
//) Importer B=porter )ode ;IB)) number is allotted b%8
a) >-I
b). )ustoms authorities
c) Ministr% of commerce
d) ,irector general of foreign trade
,
/6) GB=&orks Gdenotes8
a) 0eller &ill deli+er goods at his premises and the bu%er &ill
take deli+er% of goods and also bear the cost and risk to bring
the goods to the destination.
b) 0eller &ill deli+er goods at the port of
destination at his cost.
c) -u%er &ill take deli+er of the goods from
the port of loading at his cost and risk.
d) -oth seller and the bu%er &ill bear the cost
and risk proportionatel%. .
A
/!) 'olice Inspector +isits the branch to e=a7lne the records
of the account holder &ith authorit% for the same from
incharge
of police station8
a) 3e &ill refuse, as it &ill amount to breach
of obligation of secrec%
b) 'olice has no po&er to ha+e an% access to
fhe account
c) 3e &ill permit him as he has the statutor% po&ers under
)riminal 'rocedure )ode. . d) 'ermission from controlling
office &ill be
taken
)
e) c H d abo+e.
/A) A 'artnership firm named 'MIs :one%bee Traders' has
three partners, named 1alit, Mehan H *aushad. Mr. Neba, a
personal friend of Mr. 1alit, is ha+ing a stick% loan account
&ith %ou. Mr. Neba is read% to arrange guarantee of MIs
:one%bee Traders to be signed b% Mr. 1alit as partner of the
said firm. 3ill the guarantee of the firm be acceptable to
%ou4
a) ?es, the guarantee &ill be accepted. 1alit has implied
po&er to bind the firm b%
signing 'guarantee bond as partner of the
firm. .
b) The' guarantee &ill be accepted if t&o
partners sign on behalf of the firm.
c) Mr. 1alit has no implied authorit% to gi+e
guarantee on behalf of the firm. If he gi+es
the guarantee, the firm &ill not be liable for the same.
d) The guarantee &ill be acceptable if title
deeds of the immo+able propert% belonging to the firm
are also deposited &ith the bank b% Mr. 1, to create eEuitable
mortgage to secure the loan.
)
/#) 3hile regrouping the balance sheet Items of the
bprro&er, ho& the Intangible assetOHhould be accounted for8
.
a) -% including them under miscellaneous
asset
b) -% netting them against paid up capital
and free reser+es for arri+ing at tangible
*et &orth
c) -% netting them against paidup capital and
all t%pes of reser+es for arri+ing at tangible
net &orth
d) -% treating them as fi=ed assets
e) *one of the abo+e is correct
-
60) 3hich of the follo&ing should be included for arri+ing at
e
the compan%'s o&n funds, apart from the paidup share
capital8
a) Jeneral >eser+e, not allotted for an%
. special purpose
b) )apital >eser+e
c) 'remium on shares.
d) Indistributed 'rofit ;-alance after
distribution of di+idends and all pro+isions).
e) All the abo+e are to be taken into account
for o&n funds
,
61) )urrent ratio is arri+ed at8 a) -% di+iding the )urrent
liabilities b% )urrent
assets.
b) -% di+iding )urrent assets b% )urrent
liabilities. .
c) -% di+iding the o&ned funds to borro&ed
funds.
d) -% di+iding )urrent assets b% non)urrent
assets.
e) *one.ofthese.
-
6.) Kuick >atio or Acid Test >atio is arri+ed8
a) -% di+iding the )urrent assets b% )urrent
liabilities.
b) -% di+iding the )urrent liabilities b% )urrent
assets. .
c) -% di+iding the Euick assets b% )urrent
liabilities.
d) -% di+iding the )urrent assets liabilities
other than bank borro&ings e) *one of these. 62) ,ebt
BEuit% >atio is arri+ed at
)
. 62) ,ebt BEuit% >atio is arri+ed at8
a) -% di+iding )urrent assets b% )urrent
liabilities
b) -% di+iding borro&ed funds ;other than
those due &ithin the ne=t 1. months) b%
share capital and free reser+es
b
c) -% di+iding the outside debts ;including
those pa%able &ithin the ne=t 1. months)
b% o&ned funds and free reser+es.
d) -% di+iding )urrent liabilities b% non
)urrent liabilities.
e) *one of these.
6$) The o+er +aluation of the stock &ould result In8
a) -etter Kuick >atio.
b) -etter )urrent >atio
c) ,ecrease the Acid Test >atio
d) Impro+e the acid test ratio
e) *one of these.
-
6/) 3hat Is meant b% di+ersion of funds8 a) Ising longterm
funds for &orking capital or
shortterm reEuirements.
b) Ising part of o&n funds for &orking capital
or shortterm reEuirements.
c) ItiliFing the shortterm borro&ings for long
term capital reEuirements.
d) ItiliFing longterm borro&ings for longterm
capital reEuirements. .
e) *one of these.
)
66) MIs :ead and <oot ha+e been granted
a cash c7edit limit of >s. 10 lac against h%pothecation of
goods &orth >s..0 lac. The% propose to get Insurance co+er
onl% to the e=tent of the bank finance. 3ill %ou accept this
proposal as a -ranch Manager4
a) *o, the goods &orth at least. >s. 1. lac
ha+e to be got insured.
b) Joods &orth >s. 1/ lac ha+e to be insured. c) Insurance
co+er for >s. 10 lac is acceptable if sufficient collateral is
furnished b% the borro&ers.
d) -ank Manager &ill not accept the proposal of MIs :ead and
<oot and stocks &ill be insured for the full +alue. If the bank
accepts the proposal, and goods lost, insurer &ill appl% the
a+erage clause and proportion of claim &ill be reduced to the
same e=tent for &hich stocks &ere under +alued for
,
insurance.
6!) As per recent amendments In )ompanies Act, *ational
)o. 1a& Tribunal H *ational )o. 1a& Appellate Tribunal Is
to be established &hich &ill take the functions of8 .
a) -I<> b) AAI<>
c) )ompan% 1a& -oard d) a H b abo+e'
e) All the abo+e
B
6A) "ut of the follo&ing &hich statement Is correct8. a) -ank
should not e=cept deposits for the
period longer than 10 %ears.
b) In case of minor period can be more than
10 %ears. .G
c) As per the order of the' )ompetent )ourt
period can be more than 1 0 %ears. . .D.
d) The period of deposits can be e=tended
upto .0 %ears in case of institutions Igovt.
undertaking I corporation bodies.
e) All the abo+e
B
6#) Inder transactions bet&een the banks are settled on
gross basis i.e. one b% one on a bilateral basis or on a real
time mode8
a)>TJ0 b) B<T
c)0B<T d)"1TA0
A
!0) If the realisable +alue of securit% is less than 75 of the
outstanding, the borro&al account shall be considered as loss
asset8
a) 1 5 b) /5 c) 105
)
!1) >epo transaction refers to8
a) Absorption of liEuidit% b% >-I
b) 0ale of securit%, &hich is :eld To Maturit%
;:TM)
c) In(ection of liEuidit% b% >-I
)
d) 0ale of securit%, &hich is A+ailable for 0ale.
!.) 3hich one of the follo&ing is a foreign bill4
a) A bill dra&n on a merchant in Joa
accepted in Mumbai pa%able in 1ondon.
b) A bill dra&n in )hennai acceptable in ,7i
pa%able at Mumbai.
c) A bill dra&n in 1ondon accepted in India
pa%able in India. d) *one of these
c
. !2) In &hich of the follo&ing facilities
>egistration of )harge is reEuired.
a) 'ledge b) 0etoff
c) *egati+e 1ien d) a and c
e) *one of these
B
!$) >-I for the first time has published a list of8
a) ,efaulters
b) 3illful defaulters
c) 3illful defaulters ha+ing suit filed accounts
of >s. ./ lac and abo+e .
d) 0uit filed defaulters.
)
!/) 3hich )ommittee recommended .05 of sales as
minimum &orking capital
finance to 00I4 .
a) )hore )ommittee
b) Tandon )ommittee
c) *a%ak )ommittee
d) Jhosh )ommittee
)
!6) -ank can Insist on succession certificate If the balance In
account. of deceased e=ceeds8
a) >s. ./,000 .b) >s. /0,000
c) >s.!/,K"" d) *one,
,
!!) )ommittee on *arro& -anking. >ecommendations &as
headed b%8
a) >ashid 9ilani .
b) 7.9.6amath
c) 0.0.Tarapore
)
d) ,.>.Mehta
!A) )ommittee on Method of 1ending >especti+e -anks can
decide their o&n method of lending for Assessment of
&orking capital reEuirements &as headed b%8
a) M.0.6elkar
b) 0.'admanabhan
c) 6annan
d) J.:.,ahotre
)
!#) 0tock Turno+er >atio denotes8
a) 'rofitabilit% b) 0ol+enc%
c) 1iEuidit%d) "perational BffI)ienc%
,
A0) An ad+ance gi+en for culti+ation of pine apple &ill be
treated as *'As if principal or interest remain unpaid for a
period of be%ond the due date8
a) "ne crop season
b) T&o crop seasons
c) "ne %ear
d) T&o %ears
A
A1) )heEue presented b% the po&er of attorne% holder
presented after death of the principal8 .
a) 3ill be paid
d) ./5
Ib) )annot be paid
c) 'aid if other&ise in order d) *one of these
-
A.) Mr. -aner(ee Is ha+ing a (oint locker account &ith either
or sur+i+or clause. Mr. -aner(ee Informs %ou In the morning
that the ke% has been misplaced and In the afternoon Mrs.
-aner(ee +isits %our branch along &ith the ke% and reEuest
%ou to allo& the operation In the locker account. ?ou &ill78
I
a) Allo& operation of locker account as the operational
mandate is either or sur+i+or
b) >efuse to allo& operation till Mr. -aner(ee
b
. gi+es %ou in &riting I in+okes the
i.,structions gi+en earlier regarding loss of
ke%.
c) Allo& operation after seeking confirmation
on phone from Mr. -aner(ee
cIP *one of the abo+e
A2) -orro&ings in &hich there is no amortiFation or &here
rep.a%ment of the principle occurs onl% at maturit% Is called8
a) BEuated pa%ment schedule .
b) -ullet pa%ment schedule
c) -alloon pa%ment schedule
d) *one of the abo+e
-
A$) A customer has purchased a draft for >s. '/,000 I0 L.
After fe& da%s he reEuest %ou to cancel the draft issued b%
%our branch. 3hich rate &ill %ou appl% for cancellation8
a) -ill -u%ing rate b) -ill 0elling rate c) TT -u%ing rate d)
TT 0elling rate
)
A/) 're+enti+e. Cigilance )ommittee has to be form as per
)C) guidelines at branches &here the staff strength is and
abo+e8
a) 10 b) 1/ c) .0 d) ./
)
A6) 0&aro(gar )redit )ard ;0))) 0cheme for credit facilit%
to fishermen, >ikshapullor, . self emplo%ed persons etc. has
been formulated b%8
a) ,eptt. >ural ,e+elopments b) >-I
c) *A-A>,
d) Ministr% of SCI 0T
)
A!) The foreign direct In+estment ceiling
limit In public sector banks Is8
a) .05 b) 2$5
c) $#5 d) !$5
A
AA) >-I has allo&ed authoriFed dealers
to open foreign currenc% account ;non
Interest bearing) for pro(ect offices In
India. 3hich of the follo&ing Is not true
In this regard8
e
a) The pro(ect office has been established in
India, &ith the >eser+e -ank's general@
specific permission and has the reEuisite
. appro+al of the concerned pro(ect
sanctioning authorit%.
b) The contract under &hich the pro(ect has
been sanctioned, specificall% pro+ides for
pa%ment in foreign currenc%
c) Bach pro(ect has onl% one foreign
currenc% account '
d) The permissible debits and credits in the
account.
e) *one 0 f the abo+7 '
A#) 1etter of )redit In &hich rollo+er of transaction takes
place Is8
a) "perati+e 1l)
b) )ircular 1l)
c) >e+ol+ing 1l)
d) -ack to -ack 1l)
e) >e+ocable 1l).
)
#0) A 7a+ing bank account has been opened in the name of A
H - operated (ointl% b% them. "n the death of A pa%ment
&ill be made8
a) To - onl%
b) 1egal heirs of A H - (ointl%
c) 1egal heirs of A H - (ointl% on the
production of ,death certificate and succession certificate
d) 1egal heirs of A H - (ointl% after obtaining
the death certificate of A and stamped
indemnit% signed b% all of them.
e) Matter &ill refer to controlling office.
,
#1) As per >-I guidelines banks &hich ha+e maintained
capital at@east of #5 of the risk &eighted assets for both
credit risk and market risk for both :eld for Trading ;:<T)
and A+ailable for 0ale ;A<0) categories ma% treat the balance
in access of /5 In 78
a) Tier I )apital
a
b)Tier II )apital
c). Indisclosed >eser+es
d) 'rofit and 1oss account
#.) After the death of account holder bank
Is bound to Inform the nominee8
a) If for 6 months nominee does not turnup in
deposit account.
b) If for 2 months nominee does not turnup in
case of locker account. '
c) It is not the dut% of banker to inform the
nominee,
d) If after reasonable time nominee has not
claimed the pa%ment bank &ill make the
pa%ment to legal heirs.
e) a H b abo+e
B
#2) The 'riorit% 0ector target for <oreign
-anks Is of net bank credit.
a) ./5b) .A5 c) 2.5d) $05
)
#$) The 0mall -usiness categor% can be
sanctioned credit facilities upto >s
lac for being eligible to be co+ered under
priorit% sector8
a) <i+e b) Ten c) <ifteen d) *eed based
,
#/) The age criteria for 0enior )itiFen 0cheme .00$ is
%ears for senior citiFen and %ears for indi+idual ha+ing
opted for +oluntar% retirement.
a) 60, 66 b) 6/,60
c) 60,// d) 6/,//
)
#6) Ad+ances granted b% *-<)s for on
lending to &hich of the follo&ing Is part of
priorit% sector ad+ances8
a) //1 unit
b) Agriculture
c) Truck operators and other small road and
&ater transport operators '
,
d) All of the abo+e
#!) ?ou are &orking as a loan manager,
and %ou ha+e to take decision &ith regards to financing of
unit. ?ou recei+e t&o proposals, &hich are Identical &ith
regards to in In+estment "utla% and ,*et 'rofits. :o&e+er, in
'ro(ect A, the net profit pro(ected to be recei+ed o+er 2 %ears
is !/, /0, ./, &hereas In 'ro(ect -, the profit pro(ected to be
recei+ed o+er three %ears is ./, /0 and !/. 3hich pro(ect is
better4
a) 'ro(ect A.
c) -oth are eEuall% good as the total profits in
the three %ears is same.
d) 'nfomlation is insufficient to take decision
A
#A) 'rofessional and selfemplo%ed persons ;other than
doctors and medical practioners) in rural@semiurban @ urban
area sanctioned credit facilities upto >s. 7Is co+ered under
priorit% sector8
a) / lac &ith &orking capital upto 1 lac ....
b) 10 lac &ith &orking capital upto . lac c) 1/ lac &ith
&orking capital upto 2 lac d) .0 lac &ith &orking capital
upt0$ lac
-
.
##) The credit limit to Indi+idual artisan, +illage and cottage
Industries' has been increased to >s 8.. 'The 9imMt &ill be
under the o+erall limit of ' 5 ad+ances to &eaker section
under priorit%sec,tor8
a) T&ent% fi+e thousand. 105.
b) <ift% thousand, 105.
c) T&ent% fi+e thousand, ./5.
d) <ift% thousand, ./5.
100) 3hen an e=porter is placed on the. B=porter's )aution
1ist of >-I4
a) The branch is prohibited from negotiating
documents of such an e=porter,
b) The bank can negotiate documents onl% if
substantial securit%@guarantee is offered b%
him.
c) The bank ma% negotiate documents b%
b
taking indemnit% bond.
d) *egotiation can be done onl% &ith >-I's
prior appro+al.