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1) When the branch requires obtaining additional documents for high value
accounts?.
a) A) If the annual income /sales turnover are indicated 50 lacs and above
b) B) If the annual income /sales turnover are indicated 100 lacs and above
c) C) If the annual income/sales turnover are indicated 25 lacs and above
d) D) All the above
e) E) None of these
3) What is the total share of CASA (in percentage) out of total deposit as on
31.03.2015?.
a) A) 31.5
b) B) 29.2
c) C) 28.5
d) D) 33.2
e) E) 28.6
4) What is the free cash deposit limit in UCCA at Non-Base Branch if AMB is more than
Rs. 1.00 lac to Rs. 5.00 lacs?.
a) A) Rs. 50.00 lacs per month
b) B) Rs. 75.00 lacs per month
c) C) Unlimited
d) D) Rs. 1.00 lac per day
e) E) None of these
6) Form 15 G/H can be submitted by only those who have submitted to the
Bank.
a) A) PAN card
b) B) Form 60
c) C) Form 61
d) D) Either of these
e) E) None of these
10) Minimum period for which a term deposit can be placed is ...
a) A) 7 days
b) B) 15 days
c) C) 31 days
d) D) 46 days
e) E) 91 days
11) Interest rate on deposits is decided by a committee in the Bank known as.
a) A) TALCO
b) B) NALCO
c) C) ALCO
d) D) RALCO
e) E) None of these
12) Addition of names not allowed in case of deposits in the name of ...
a) A) Minor
b) B) Purdanashin lady
c) C) Illiterates
d) D) All of these
e) E) None of these
14) Once KYC is done by one branch of the bank, it is valid for transfer of the account
to____.
a) A) Any other branch of same bank
b) B) Any other branch of a domestic bank
c) C) Any other branch of a commercial bank
d) D) Any of these
e) E) None of these
15) If a person is not having officially valid documents for KYC purpose, he can open
which of the following types of accounts:.
a) A) No frill Account
b) B) Basic Account
c) C) Small deposit Account
d) D) Any of these
e) E) None of these
16) Normally, as per KYC guidelines, the validity period of a small deposit account is:.
a) A) Six months
b) B) One year
c) C) Two yeas
d) D) No age restriction
e) E) None of these
17) The Presenting banks are required to preserve the physical cheques in their
custody securely, for a period of ____ years as required under CTS:.
a) A) 3 years
b) B) 5 yeas
c) C) 7 yeas
d) D) 10 yeas
e) E) None of these
18) The images of all the Government Cheques paid should be preserved by the
drawee banks for a period of _____.
a) A) 3 years
b) B) 5 years
c) C) 7 years
d) D) 10 years
e) E) None of the above
19) RBI has permitted Banks to collect account payee cheques drawn for an amount
not exceeding Rs________. to the account of their customers who are co-operative
credit societies, if the payees of such cheques are the constituents of such cooperative cre.
a) A) 20000
b) B) 30000
c) C) 50000
d) D) 60000
e) E) 100000
20) As per the Reserve Bank of India, bank deposits are insured up to a sum of Rs1
lakh per ______ per______.
a) A) Bank, individual
b) B) Branch, individual
c) C) Bank, Family
d) D) Branch, Family
e) E) None of these
21) Amongst the investments eligible for deductions u/s 80 C _________has the
Shortest lock in period..
a) A) Public Provident Fund
b) B) Nationals Savings Certificate (NSC IX issue)
c) C) Bank Fixed Deposits
d) D) Equity Linked Savings Schemes (ELSS)
e) E) Lock-in Period is same
22) When cheque is dishonoured, notice is to be sent by payee to the drawer within.
a) A) 30 days
b) B) 45 days
c) C) 60 days
d) D) 7 days
e) E) 1 year
23) When no time or date is mentioned on bill of exchange, then it will be payable:.
a) A) On demand
b) B) After 3 days
c) C) After 7 days
d) D) Within 15 days
e) E) None of these
25) In Basic Savings Bank Deposit Account in all their accounts taken together and
the total credit in all the accounts taken together is not expected to exceed _____ in a
year has been simplified to enable those belonging to low income groups without
docum.
a) A) 50000
b) B) 100000
c) C) 25000
d) D) 60000
e) E) None of these
27) As per Right to Information Act (RTI) , in how much time the information to be
provided to the Person seeking the information:.
a) A) 30 days
b) B) 60 days
c) C) 15 days
d) D) 45 days
e) E) 90 days
28) Minimum and Maximum amount that can be deposited in PPF account is ____.
a) A) 500, 100000
b) B) 100, 150000
c) C) 500, 150000
d) D) 1000, 150000
e) E) No such restriction
30) ____ prohibits payment of term deposits or notice deposits in cash if the amount
involved. Principal plus interest is Rs.20,000.00\- or more.
a) A) Income tax Act, 1961
b) B) Sec 42 of RBI Act
c) C) Sec 24 of BR Act
d) D) PMLA 2002
e) E) None of these
31) Bank is not required to produce original book of records but true copy can be
submitted when Court has demanded as per which act?.
a) A) Civil procedure code
b) B) Registration act
c) C) B R Act
d) D) R B I Act
e) E) Banker Books Evidence Act
32) Which of the following does not come under Tier II capital?.
a) A) Capital Reserves
b) B) Undisclosed reserves
c) C) Revaluation Reserves
d) D) Cumulative Perpetual reserves
e) E) None of these
33) In case of Term Deposits , TDS will be deducted if the interest amount paid to
customer is Rs._________ and above in a financial year..
a) A) 10000
b) B) 20000
c) C) 50000
d) D) 200000
e) E) 150000
34) In case of transfer, with in how many days the address proof has to be submitted
in the transferee branch?.
a) A) 1 month
b) B) 3 months
c) C) 6 months
d) D) 1 year
e) E) None of these
35) In how many years of no transaction does a saving and current account become
dormant?.
a) A) 1 year
b) B) 2 years
c) C) 3 years
d) D) year
e) E) None of these
36) As per Sec 108 of Indian Evidence Act, a person is legally dead if not traceable
for:.
a) A) 7 years from the date of FIR
b) B) 12 years from the date of FIR
c) C) 30 years from the date of FIR
d) D) 5 years from the date of FIR
e) E) None of these
37) RBI has advised banks to ensure that DDs to be issued invariably with ac payee
crossing for.
a) A) Rs. 20000/- & above
b) B) Rs. 50000/- & above
c) C) Rs. 100000/- & above
d) D) Rs. 200000/- & above
e) E) None of these
38) A & B are having joint term deposit account with e or s operation with x as
nominee. A dies.
a) A) Amount will be paid to B along with nominee
b) B) The deposit on maturity payable to A
c) C) The deposit on maturity payable to B
d) D) All of these
e) E) None of these
41) Protection available to materially altered cheque under which Section of N.I Act;.
a) A) Section 89 of the NI Act
b) B) Section 85 of the NI Act
c) C) Section 131 of the NI Act
d) D) Section 31 of the BR Act
e) E) None of these
47) Within how many days of filing a complaint with the bank, the complainant can
approach the Ombudsman scheme?.
a) A) One year from the date of the receipt of the reply from the bank.
b) B) One month from the date of the receipt of the reply from the bank.
c) C) Three year from the date of the receipt of the reply from the bank.
d) D) Three months from the date of the receipt of the reply from the bank.
e) E) Anytime
48) As per RBI guidelines, the visually impaired person is to be provided with.
a) A) Cheque book facility
b) B) A T M card
c) C) Locker facility
d) D) All of these
e) E) None of these
49) Which of the following transactions are required to be reported in CTR report?.
a) A) Suspicious transactions up to Rs.10 lac.
b) B) Suspicious transactions above Rs.10 lacs.
c) C) Cash transactions of Rs.10 lacs and above
d) D) Cash transactions below Rs.10 lacs.
e) E) None of these
50) PAN (Permanent Account Number) is compulsory for Fixed Deposits, Remittances
like DDs/TTs/TCs etc.
a) A) If the amount exceeds Rs.10000/b) B) If the amount exceeds Rs.50000/c) C) If the amount of Rs.50000/- and Above
d) D) No such limit is fixed by the Income tax authorities
e) E) None of these
53) National Pension System (NPS) is a scheme launched by GOI and regulated by.
a) A) Ministry of Finance
b) B) IRDA
c) C) PFRDA
d) D) IBA
e) E) All of these
54) As per revised KYC guidelines for non-compliance of KYC norms initial partial
freezing of account for months implies.
a) A) Freezing all credits transactions in the account
b) B) Freezing all debit and credit transactions in the account
c) C) Freezing all debit transactions in the account
d) D) None of these
e) E) All of these
57) What is the maximum no of transactions that can be made in the PPF account in a
year.
a) A) 10
b) B) 15
c) C) 6
d) D) 12
e) E) Any number of transactions
59) What is the minimum age limit for opening an account under NPS.
a) A) 18
b) B) 25
c) C) 21
d) D) 12
e) E) No limitation
60) Which branch of our bank is designated as Point of Presence (POP ) for NPS.
a) A) Sr Br Mumbai
b) B) Focal Point Br Delhi
c) C) MSM Mumbai
d) D) Nariman Point Mumbai
e) E) None of these
61) As per CBEC guidelines Customs duty has to be paid online if the amount is more
than.
a) A) 1.00 lac
b) B) 2.00 lacs
c) C) 5.00 lacs
d) D) 50000
e) E) None of these
67) How many branches in our bank are authorized to open PPF account?.
a) A) 1070
b) B) 570
c) C) All branches
d) D) None of these
e) E) 1270
68) Maximum amount of investment under Sr. Citizen Savings Scheme is.
a) A) 10.00 lacs
b) B) 5.00 lacs
c) C) 15.00 lacs
d) D) No limit
e) E) None of these
70) The rate of interest rate applicable for the Sukanya Samridhi Scheme for 2015-16
is.
a) A) 8.7
b) B) 9.2
c) C) 10
d) D) 8.5
e) E) None of these
71) How many of our branches are authorized to collect direct taxes in offline mode.
a) A) All branches
b) B) 1040
c) C) 570
d) D) 2100
e) E) None of these
72) The minimum amount of annual contribution under New Pension System is.
a) A) 6000
b) B) 1000
c) C) 12000
d) D) No such limit
e) E) None of these
75) How many branches are authorized to open the account under APY.
a) A) 570
b) B) 1040
c) C) 2100
d) D) All branches
e) E) None of these
76) In which of the following account interest is to be paid in the Current Deposit in
case of deceased account.
a) A) Proprietorship account
b) B) Partnership account
c) C) Joint Account
d) D) All of these
e) E) None of these
77) What is the total share of CASA (in percentage) out of total deposit as on
30.09.2015?.
a) A) 29.3
b) B) 28.6
c) C) 31.95
d) D) 30.25
e) E) None of these
82) All joint stock companies, both private & public must be registered under:.
a) A) Companies Law Board rules of 2013
b) B) Indian Companies Act, 1956
c) C) Ministry of Law & Company Affairs, Govt. of India
d) D) Indian Companies Amendment Act, 2005
e) E) Registrar of Companies
84) A partnership firms account must be opened along with a duly signed:.
a) A) Partnership deed
b) B) Declaration of partnership
c) C) Joint affidavit
d) D) Undertaking to honour cheques in time
e) E) None of these
86) Bank cannot disclose the affairs of account of a customer. What are the
circumstances where it is under obligation to disclose the affairs of customers
account?.
a) A) Compulsion of law
b) B) Banking practice
c) C) Interest of the bank
d) D) None of these
e) E) All of these
88) Under which of the following situations, the claytons rule relates to;.
a) A) Payment of cheques
b) B) Right of set off
c) C) Right of appropriation
d) D) None of these
e) E) All of these
89) Mr. Balram maintaining a Current Account having balance at present Rs.25000/-. It
is reported that Mr.Balram expired on 10.06.2015. Bank received a Income Tax
Attachment order on Mr. Balram for payment of RS.10000/-. In this circumstances
bank will:.
a) A) Return the Income Tax Attachment order since party expired
b) B) Bank will honour the attachment order
c) C) Bank will seek the advice of Regional Office
d) D) Cannot say
e) E) NOA
90) Banker is bound to disclose the affairs of an account, under which of the following
circumstances?.
a) A) By court order under the Bankers book of evidence act 1891.
b) B) Under sec45(B) of RBI Act,1934
c) C) U/s 26 of Banking Regulation Act, 1949
d) D) Under Income Tax Act, 1961
e) E) All the above
91) As per the BCSBI code, recovery agent should approach the customer only
between ----AM to -----PM.
a) A) 6 am to 6 pm
b) B) 7 am to 7 pm
c) C) 8 am to 8 pm
d) D) 9 am to 5 pm
e) E) None of these
92) As per BCSBI code, in case of a deceased account bank will settle the claim within
------days.
a) A) 30 days
b) B) 15 days
c) C) 45 days
d) D) 60 days
e) E) None of these
93) The code of Banks Commitment to customers ( COBCTC) is not applicable to the
following banking services offered by a bank.
a) A) Government accounts
b) B) Demat accounts
c) C) RTGS & NEFT
d) D) Credit card
e) E) None of these
96) The Code of Banks Commitment to Customers has been formed by.
a) A) IBA
b) B) RBI
c) C) GOI
d) D) BCSBI
e) E) None of these
97) The Code of Banks Commitment to Customers is not applicable to the following.
a) A) Private Sector Banks
b) B) Public sector Banks
c) C) Foreign Banks
d) D) State Bank of India
e) E) None of these
98) As per BCSBI Codes, what is the maximum time period for transferring the loan
account to other bank as per the request of the customer?.
a) A) 30 days
b) B) 21 days
c) C) 3 days
d) D) 7 days
e) E) None of these
100) If a customer is not satisfied with the choice of current/savings account, within
how many days one can approach to switch over to other scheme or can take refund
of the amount?.
a) A) 21 days
b) B) One week
c) C) One month
d) D) 14 days
e) E) 3 days
103) A Branch headed by Chief Manager has sanctioned a CC ( H) limit of Rs 2.50 cr.
And LC limit of Rs 1.00 cr. To a company. The branch will send monitoring report to.
a) A) RO
b) B) FGMO
c) C) CO
d) D) To all above
e) E) None of these
104) AQMC is a tool for effective monitoring at RO level. AQMC is abbreviation of.
a) A) Asset quality management committee
b) B) Asset quality maintenance committee
c) C) Asset quality monitoring committee
d) D) Asset quality money committee
e) E) None of these
105) Credit Limits with the following threshold exposure are mandatory for conducting
Credit Process Audit.
a) A) Rs.2.00 crores
b) B) Rs.3.00 crores
c) C) Rs.50.00 lacs
d) D) Rs. 1.00 crore and above
e) E) none of these
106) For Mandatory CPA, credit limit in case of Retail loans for Semi urban branches.
a) A) Rs 20 lacs
b) B) Rs 15 lacs
c) C) Rs 10 lacs
d) D) Rs 25 lacs
e) E) none of these
107) For Mandatory CPA, credit limit in case of Retail loans for Urban branches is ;.
a) A) Rs. 20 lacs
b) B) Rs. 15 lacs
c) C) Rs 30 lacs
d) D) Rs 40 lacs
e) E) none of these
108) For Mandatory CPA, credit limit in case of Retail loans for Metro branches.
a) A) Rs. 20 lacs
b) B) Rs. 15 lacs
c) C) Rs 30 lacs
d) D) Rs 40 lacs
e) E) none of these
109) By comparing the stock statements with previous two or more statements
submitted by the party, we may find out.
a) A) Non Moving stocks and Debtors
b) B) The due date for renewal of the account
c) C) The position of documents
d) D) The date of commencement of business
e) E) none of these
111) While allowing Drawing power based on the stock statement, the following needs
to be deducted.
a) A) Total value of stocks declared
b) B) Total sales declared
c) C) Total purchases declared
d) D) Unpaid stocks
e) E) none of these
112) Executives from Credit Monitoring & Restructuring Department should visit high
risk regions on a ;.
a) A) Fortnightly basis
b) B) Monthly basis
c) C) Quarterly basis
d) D) Half yearly basis
e) E) None of these
114) For working capital limits the inspections of prime security has to be done at
________ frequency by the BH or credit officer..
a) A) Every month
b) B) Every quarter
c) C) Every half year
d) D) Every month /quarter as per the individual case .
e) E) None of these
115) In case of working capital limits sanctioned against Book debts, the following is
important for monitoring.
a) A) Debtors velocity ratio
b) B) DSCR
c) C) Updated position of Book debts from time to time
d) D) A and B
e) E) A and C
116) Out of the following, which task forms a part of Credit Process Audit
verification.
a) A) Post disbursement inspection
b) B) Verification of assets
c) C) Registration of charges
d) D) Vetting of documents
e) E) None of these
117) All debits during the first two months or till full utilization of the limits should be
specifically authorized by the BH or in his absence the second official in command.
The purpose of this is.
a) A) Ensure branch heads knows the disbursement schedule
b) B) Ensure disbursement is not delayed
c) C) To avoid frauds
d) D) Ensure proper end use of funds
e) E) None of these
119) The following is not a prime requirement of a Stock Statement to be accepted for
allowing DP.
a) A) Stock statement to be signed by an authorised person
b) B) Quantity and value of stock is to be declared
c) C) Address of the place of storage to be declared
d) D) Purchases/ sales to be mentioned
e) E) All the dues of taxes paid up to which date
123) Excess in an account should not be allowed for more than ___ days by the
delegated authority.
a) A) 7 days
b) B) 10 days
c) C) 14 days
d) D) 30 days
e) E) None of these
124) Valuation report of two approved valuers is mandatory, When collateral valuation
is more than Rs---.
a) A) 5 cr
b) B) 10 cr
c) C) 25 cr
d) D) 50 cr
e) E) None of these
126) While allowing Drawing power based on the stock statement, the following
represents the unpaid stocks.
a) A) Purchases made on credit
b) B) Borrower's margin
c) C) Unmoving stocks if any declared in stock statement
d) D) Unmoving or debtors considerably old
e) E) None of the above
127) In case of loan accounts with persisting irregularities, Bank can opt for exit
option when;.
a) A) Borrower practicing unethical methods
b) B) Where the viability of the project is certain
c) C) Bad market signals along with deterioration in long run
d) D) Both a and c
e) E) Both A and B
128) The cut off limit of submission of monitoring Reports at Branch level is.
a) A) Upto Rs.10 lacs
b) B) Upto Rs.25 lacs
c) C) Upto Rs.50 lacs
d) D) Upto Rs.100 lacs
e) E) None of these
130) The cut off limit of monitoring Report(MCMR) at FGMO level is Rs..
a) A) Above 100 lacs upto 200 lacs
b) B) Above 200 lacs upto 300 lacs
c) C) Above 200 lacs upto 500 lacs
d) D) Above 300 lacs upto 700 lacs
e) E) None of these
131) The cut off limit of monitoring Report (MCMR) at CO level is Rs..
a) A) Above 300 lacs
b) B) Above 500 lacs
c) C) Above 700 lacs
d) D) Above 1000 lacs
e) E) None of these
133) MSOD, QPR and technical officers report are the monitoring tools primarily
available at.
a) A) Branch
b) B) RO
c) C) CO
d) D) FGMO
e) E) None of these
134) Monitoring of advances begins with the selection of borrower, it ceases only.
a) A) with completion of the process note and sanction letter
b) B) After documentation
c) C) After disbursement
d) D) Up to one year of disbursement
e) E) Only on closure of the account
135) Stock Audit for working capital limits is conducted for the purpose of.
a) A) Verification of sufficiency of current assets
b) B) Verification of DP
c) C) Verfication of Documents and charge creation
d) D) Verification of end use of funds
e) E) All the above
143) As per guidelines, the borrower should submit the audited financials by.
a) A) 31st Oct.
b) B) 15th Nov.
c) C) 30th Nov.
d) D) As soon as possible
e) E) None of the above
144) Within how many days corporate financial accounts should be filed with ROC
after AGM of any company..
a) A) 15 days
b) B) 30 days
c) C) 45 days
d) D) 60 days
e) E) None of the above
145) Sales and purchases declared by the borrower in stock statement on monthly
basis can be verified.
a) A) From balance sheet
b) B) From P & L
c) C) Vat returns / Excise duty challans
d) D) Stock audit report
e) E) None of the above
146) During assessment if tax authorities has asked to pay additional tax and party
has appealed, this amount will be treated as ;.
a) A) Long term liability
b) B) Short term liability
c) C) Contingent liability
d) D) Deferred tax liability
e) E) None of the above
149) Non fund based facilities for a new customer can be sanctioned at branch level
subject to.
a) A) 100% Cash Margin
b) B) 100% Cash margin and as a one time facility
c) C) No restrictions, we can issue
d) D) No non fund based facilty can be sanctioned at branch level
e) E) NONE OF THE ABOVE
151) Loans / advances can be granted in the folloiwng cases as per Loan Policy.
a) A) Against Certificate of Deposit & Mutual Funds
b) B) For financing Badla Transaction
c) C) Against FDR/ Term Deposit of other Banks
d) D) To a third party against customer's deposits
e) E) NONE OF THE ABOVE
152) For any new credit proposal the following is not applicable.
a) A) Sanction of limits by itself is not be a commitment on the part of the bank to disburse
b) B) Sanction and disbursal of limits is subject to fulfillment of various commitments on the
part of the borrower as set out in the proposal.
c) C) Mode of disbursement is important.
d) D) Monitoring during disbursement is very important
e) E) TAT is to be followed irrespective of the other aspects like documentation
whether completed or not
153) For Working Capital Facility, Monitoring during first time availement of limits
does not consist of the following.
a) A) Compliance to Terms and Conditions
b) B) Stock Inspection
c) C) Adequate insurance of stocks
d) D) Sales in line with projections
e) E) All the above
156) The following is not a Post Disbursement Monitoring Tool for maintaining asset
quality.
a) A) Scrutiny of control returns like stock statements/book debts statements/ QPR/MSOD
b) B) Unit Inspection and Asset /Security Verification
c) C) Stock Audit by independent agency
d) D) Scrutiny of Audit Report & Financial Statements
e) E) None of these
158) For a Fund Based Facility, if there is default in interest/ installment/Bill Purchased
or Discounted/ Packing Credit/Excess in Working Capital Limit/Non adjustment in Adhoc Limit/Operations in the account dormant/deficit in DP, the account will be catego.
a) A) SMA- 0 FOR DEFAULT UPTO 30 DAYS
b) B) SMA-1 FOR DEFAULT FROM 31 DAYS TO 60 DAYS
c) C) SMA 2 FOR DEFAULT FROM 61 DAYS TO 90 DAYS
d) D) All the above
e) E) NONE OF THE ABOVE
161) For Crop Loan for Short Duration Crops grown under rain fed conditions (only
one crop in a year),if there is loan default (interest /instalment) for 12 months from
due date, the account will be categorized as ;.
a) A) SMA I
b) B) SMA 2
c) C) SMA 0
d) D) Standard
e) E) NONE OF THE ABOVE
162) For Crop Loan for Short Duration Crops grown under rain fed conditions (only
one crop in a year),if there is loan default (interest/ instalment) for more than 12
months up to 21 months from due date, the account will be categorized as;.
a) A) SMA I
b) B) SMA 2
c) C) SMA - 0
d) D) Standard
e) E) NONE OF THE ABOVE
163) For Crop Loan for Short Duration Crops grown under rain fed conditions (only
one crop in a year),if there is loan default (interest /installment) for more than 21
months up to 24 months from due date, the account will be categorized as.
a) A) SMA I
b) B) SMA 2
c) C) SMA - 0
d) D) Standard
e) E) NONE OF THE ABOVE
164) For Crop Loan for Short Duration Crops grown under irrigated conditions (more
than one crop in a year),if there is loan default (interest /installment) for more than 12
months from due date, the account will be categorized as;.
a) A) STANDARD- IF DEFAULT UPTO 3 MONTHS
b) B) SMA 1 IF DEFAULT IS MORE THAN 3 MONTHS TO 9 MONTHS
c) C) SMA 2 IF DEFAULT IS FOR MORE THAN 9 MONTHS & UPTO 12 MONTHS
d) D) ALL THE ABOVE
e) E) NONE OF THE ABOVE
165) For Crop Loan of Long Duration Crops ,if there is loan default
(interest/instalment) for UPTO 3 months from due date, the account will be
categorized as;.
a) A) SMA I
b) B) SMA 2
c) C) SMA - 0
d) D) Standard
e) E) NONE OF THE ABOVE
166) For Crop Loan of Long Duration Crops ,if there is loan default
(interest/instalment) for more than 3 months upto 15 months from due date, the
account will be categorized as;.
a) A) SMA I
b) B) SMA 2
c) C) SMA - 0
d) D) Standard
e) E) NONE OF THE ABOVE
167) For Crop Loan of Long Duration Crops ,if there is loan default
(interest/instalment) for more than 15 months up to 18 months from due date, the
account will be categorized as;.
a) A) SMA I
b) B) SMA 2
c) C) SMA - 0
d) D) Standard
e) E) NONE OF THE ABOVE
168) for allowing DP in a Cash Credit account, the valuation of stock should be on the
basis of.
a) A) Cost price/invoice pricing
b) B) Present Market value
c) C) Selling price fixed by borrower
d) D) As per valuation by valuer
e) E) None of the above
169) One of your borrowers informed that he is going to shift his godown to a new
place, precaution to be taken immediately.
a) A) Notifying the change to the insurance company under acknowledgement
b) B) Obtaining a letter of free access from the new owner, if the new godown is rented
c) C) Taking care of the transit insurance for shifting the goods if needed
d) D) A and B
e) E) A b and C
170) Which one of the following cannot be suggested remedy if you find warning
signals ?.
a) A) DISCUSSION WITH THE BORROWER / GUARANTOR
b) B) RECOVERY OF OVERDUE AMOUNT TO AVOID SLIPPAGE
c) C) REDUCTION OF LIMIT
d) D) EXIT OPTION
e) E) Immediate recovery of dues
171) The following is not a factor for considering compensation in case a claim arises
under an insurance policy on stocks.
a) A) Total sum assured
b) B) The total value of stocks
c) C) Precautions taken by the borrower for up keep of the stocks
d) D) Stock statements submitted to the bank
e) E) The Valuation of the godown
172) The following monitoring tool available at the branch gives us a total picture of
the account.
a) A) Review renewal of the account
b) B) Account operations
c) C) Security documents held
d) D) Credit Process Audit
e) E) None of the above
173) Any internal diversion taking place with respect to any borrowal unit can be
clearly identified with the help of.
a) A) Review renewal of account
b) B) Stock statement submitted
c) C) Account operations
d) D) Funds Flow statement compiled based on the financials
e) E) NONE OF THE ABOVE
174) The following monitoring tool/s give the bank a clear picture of the borrowal unit
about the periodical progress in line with the projections.
a) A) Number of cheques returned in the account
b) B) MSOD/QPR/HOF
c) C) Number of times excess requested
d) D) Servicing of interest in working capital account
e) E) NONE OF THE ABOVE
175) The following aspect is not required while reviewing a Term Loan.
a) A) Calculation of DSCR
b) B) Documentation position as on date
c) C) Overdue amounts if any
d) D) Verification of created charges whether perfect
e) E) Delegated authority
176) The our system for classification of stressed assets comprises of the following.
a) A) SMA 0, SMA1, SMA 2 and EAS II
b) B) SMA 0, SMA1, SMA 2 and EAS I
c) C) SMA 1, SMA2, NPA
d) D) EAS I, EAS II, SMA, MOCK RUN
e) E) None of the above
178) The flexible restructuring scheme indicated by RBI recently has provides for re
assessment of project status from time to time in the following ratio.
a) A) 5:25
b) B) 5:30
c) C) 5:10
d) D) 5:15
e) E) NONE OF THE ABOVE
181) Corrective measures for monitoring of an advance account should start at the
stage of.
a) A) SMA 0
b) B) SMA 1
c) C) SMA 2
d) D) EAS II
e) E) When appears in mock run list
185) The restructuring account would normally involve alteration of which of the
following ?.
a) A) REPAYMENT PERIOD
b) B) REPAYABLE AMOUNT
c) C) AMOUNT OF INSTALMENTS
d) D) RATE OF INTEREST
e) E) ALL THE ABOVE
191) The amount of diminution in the fair value in all restructured accounts where total
dues are less than Rs 1 crore is notionally calculated at ?.
a) A) ACTUAL OUTSTANDING AMOUNT
b) B) 5 % OF THE OUTSTANDING AMOUNT
c) C) 2 % OF THE OUTSTANDING AMOUNT
d) D) 10 % OF THE OUTSTANDING AMOUNT
e) E) NONE OF THE ABOVE
192) Barring few exceptions, any standard account restructured on or after 1.4.2015
will be treated as.
a) A) Restructured account
b) B) Standard Account
c) C) Sub standard account
d) D) Doubtful account
e) E) NONE OF THE ABOVE
195) In case of take over account the the threshold rating for accepting the take over.
a) A) CR 1
b) B) CR 2
c) C) CR 3
d) D) CR 4
e) E) CR 5
196) Please expand "CRILC" in view of the recent RBI policy on Revitalizing
distressed assets in the economy.
a) A) Central Recovery information for large credits
b) B) Central Repository of information on Large credits
c) C) Central Reserve Investment in Loan cost
d) D) Cost Run in Large Companies
e) E) None of the above
197) Please expand "J L F " in view of the recent RBI policy on Revitalizing distressed
assets in the economy.
a) A) Joint Lenders forum
b) B) Joint Lending Formation
c) C) Joint leverage formation
d) D) Japanese Lending formalities
e) E) None of the above
198) As part of monitoring of financials of a firm, bank should not allow this type of
flow of funds.
a) A) Working capital funds to fixed assets
b) B) Working capital funds for purchase of goods
c) C) Working capital funds for payment of expenses for procuring raw materials
d) D) working capital funds for payment of insurance on stocks
e) E) None of these
200) The following transaction in the operative account of the borrower can be
indicative of the utilisation of capacity.
a) A) Lumpsum credits through liquidating mutual funds etc
b) B) Electricity bills paid through the account
c) C) Income tax paid form the account
d) D) Cheques favouring the sister concerns
e) E) None of the above
203) Before launching of PMJDY in August 2014 --------- of population in India were
having access to formal financial sector..
a) A) 25%
b) B) 40%
c) C) 15%
d) D) 55%
e) E) 10%
207) During nationalization, population per bank branch was 65000. Now the objective
is to bring the same per bank branch to ---------..
a) A) Less than 2000
b) B) Less than 5000
c) C) Less than 10000
d) D) Less than 15000
e) E) None of these
209) In our country about 700 million mobile hand set users are there. Out of them -------- do not have bank access..
a) A) 15%
b) B) 30%
c) C) 50%
d) D) 75%
e) E) None of these
210) The measures initiated by Government of India and Reserve Bank of India (RBI)
under financial inclusion are.
a) A) Nationalization of Banks
b) B) Branch expansion through Lead Bank Scheme
c) C) Induction of RRBs and priority sector concept
d) D) All of these
e) E) None of these
215) Biometric Smart cards and Hand Hold Devices are innovations for financial
inclusion to handle----------- mainly..
a) A) Illiterate customers
b) B) All customers
c) C) Rural customers
d) D) Urban customers
e) E) None of these
223) Charges for availing the following services are to be levied from customers of
BSBDA accounts..
a) A) Issuance of ATM Card
b) B) Non operation/activation of inoperative account
c) C) Minimum balance charge
d) D) Cheque book charge
e) E) None of these
229) A clean overdraft of Rs. 5000/- after six months of satisfactory operation can be
extended to account holder of:.
a) A) BSBDS account
b) B) BSBDA account
c) C) Both of these
d) D) None of these
e) E) All of these
232) Which of the following segment of customer is eligible for overdraft in BSBD
account?.
a) A) Minor
b) B) KCC/UGC/GCC borrower
c) C) Member of SHG/JLG or MFI
d) D) All of these
e) E) None of these
234) RBI has permitted simplified KYC norms in respect of accounts pertaining to:.
a) A) SBPEN
b) B) BSBDA
c) C) BSBDS
d) D) Both (b) and (c)
e) E) None of these
235) Accounts under PMJDY can be opened in which of the following schemes?.
a) A) SBGEN
b) B) BSBDA
c) C) BSBDS
d) D) Both (b) and (c)
e) E) None of these
240) Mission of Village Knowledge Centre (VKC) for improving Agriculture is.
a) A) Imparting knowledge on new developments, improved methods of
cultivation /technologies in the field of agriculture
b) B) Dissemination of weather data and agro climatic conditions, latest information on
prices of agriculture produce to farmers
c) C) Imparting knowledge on diversification of Agriculture and developing farm-based
enterprises
d) D) All of these
e) E) None of these
241) Mission of Village Knowledge Centre (VKC) under Community Development is.
a) A) Giving lectures on spirituality and propagating religiousness
b) B) Disseminating information about various government sponsored schemes
c) C) Raising donations to distribute to poor and needy people
d) D) All of these
e) E) None of these
242) Mission of Village Knowledge Centre (VKC) under Financial Inclusion is.
a) A) Sanction of loans to needy poor
b) B) Conducting General Elections in the Village
c) C) Making command area villages as "100% Banking Habit Villages"
d) D) All of these
e) E) None of these
249) Union Adarsh gram is a unique scheme of Union bank of India to adopt a
backward village. Under this scheme which village can be adopted?.
a) A) Any village near by branch in rural area only
b) B) Any Village may be adopted by Rural or Semi urban branch.
c) C) Back ward village under command area of Rural or semi urban branch.
d) D) Backward village under command area of Rural Branch only.
e) E) None of these
250) How villages are selected to develop under "Union Adarsh Gram"?.
a) A) Village is selected on the basis of survey made by Regional Office.
b) B) Village is selected on the basis of survey made by LDM.
c) C) Village is selected on the basis of survey made by VKC/ Rural or Semi Urban
Branch.
d) D) Village is selected on the basis of survey made by a team deputed by RABD CO..
e) E) None of these
254) What should be done for literacy of Villagers under Union Adarsh Gram Yozana?.
a) A) Union Adarsh Gram Yozana is for financial inclusion only.
b) B) Literacy should be increased by 100% both of children and adults.
c) C) Literacy means financial literacy only.
d) D) Banker should educate villagers on Sunday and Holiday or after banking hours.
e) E) None of these
255) What should be done by bank under Union Adarsh Gram for Health & Hygiene.
a) A) Bank to coordinate with PHC or local doctor and create awareness among people
about the benefits of cleanliness and hygiene
b) B) Health camps can be arranged for children, pregnant & nursing mothers and the aged
c) C) Both a) and b)
d) D) Bank is concern only with financial needs of the village
e) E) All of these
256) With respect to monitoring and review mechanism in Union Adarsh Gram which
of the following statements is/are true?.
a) A) The VKC in-charge and the branch Manager should visit at regular intervals and
ascertain the progress made in the ongoing projects of the village.
b) B) RO should be actively involved in these projects and report should be sent to RABD,
CO, Mumbai
c) C) Developments and requirements should be discussed in BLBC meetings about the
progress of work
d) D) All of these
e) E) none of these
257) Is there any provision under Union Adarsh Gram to adopt child from Village to
develop.
a) A) Yes, under Union Adarsh Gram bank has to adopt all children to make arrangement to
educate them up to 8th standard
b) B) No. there is no such type of scheme under union Adarsha Gram
c) C) Yes, to adopt a girl student per UAG for completion of education from 6th
standard to 12th standard
d) D) Yes, to adopt one girl and one boy student per UAG for completion of education from
1st standard to 10th standard
e) E) None of these
259) What are the criteria of a model village to be developed by Union Adarsh Gram?.
a) A) The ideal village is the one, which is self-sufficient and self-sustaining in every aspect
b) B) The people should be living in harmony with nature and live peacefully with basic
amenities
c) C) BPL families should be zero
d) D) All of these
e) E) None of these
261) Maximum loan amount can be sanctioned under "Bhagya" scheme is _____..
a) A) Rs.3000/b) B) Rs.10000/c) C) Rs. 12000/d) D) Rs. 20000/e) E) None of these
263) Maximum loan amount can be sanctioned under " Saubhagya" scheme is _____..
a) A) Rs. 5000/b) B) Rs. 10000/c) C) Rs. 15000/d) D) Rs. 20000/e) E) None of these
265) The maximum loan amount can be sanctioned under the scheme "Kalpataru" is
___..
a) A) Rs.10000/b) B) Rs. 20000/c) C) Rs.30000/d) D) Rs.40000/e) E) None of these
267) Name the micro loan product for purchase of milch animals?.
a) A) Bhagya
b) B) Saubhagya
c) C) Kalpataru
d) D) Kamadenu
e) E) None of these
268) The maximum loan amount can be sanctioned under " Kamadenu" scheme is
____..
a) A) Rs. 50000/b) B) Rs.75000/c) C) Rs.100000/d) D) Rs. 125000/e) E) None of these
269) The maximum repayment period under the scheme " kamadenu" is _____..
a) A) 64 fortnightly installments
b) B) 70 fortnightly installments
c) C) 50 fortnightly installments
d) D) 70 weekly installments
e) E) None of these
270) The maximum loan amount can be sanctioned under "Pragati" scheme is _____..
a) A) Rs. 5000/b) B) Rs. 8000/c) C) Rs. 10000/d) D) Rs. 12000/e) E) None of these
271) The maximum repayment period under the scheme " Pragati" is _____..
a) A) 25 weekly installments
b) B) 50 weekly installments
c) C) 60 weekly installments
d) D) 75 weekly installments
e) E) None of these
272) Under which of the following micro credit product Joint liability Group over bio
metric smart card can be sanctioned loans?.
a) A) Pragati
b) B) Kalpataru
c) C) Project Hariyali
d) D) Bhagya
e) E) None of these
273) Under which project, financial literacy programmes and audio-visual projecting
bank's efforts in the space of financial inclusion beamed in selected rural branches
and Village Knowledge Cebtres?.
a) A) Project Hariyali
b) B) Union Chetana
c) C) Union Pragati
d) D) Union Progress
e) E) None of these
277) Under "PMMY" scheme loan sanctioned upto Rs. 50000/- is to be controlled
under_____..
a) A) Shishu
b) B) Kishore
c) C) Tarun
d) D) Sundar
e) E) None of these
278) Under "PMMY" scheme loan of more than Rs. 50000/- and upto Rs. 5.00 lacs is to
be controlled under ________..
a) A) Shishu
b) B) Kishore
c) C) Tarun
d) D) Sundar
e) E) None of these
279) Under "PMMY" scheme loan of more than Rs. 5.00 lacs and up to Rs. 10.00 lacs is
to be controlled under ______..
a) A) Shishu
b) B) Kishore
c) C) Tarun
d) D) SUndar
e) E) None of these
280) All the loans sanctioned under "PMMY" are to be labelled as ______..
a) A) PMMY
b) B) UBIMY
c) C) UBIPMMY
d) D) PMMY-Union Bank
e) E) None of these
281) Name the menu in finacle to view the details of financial inclusion customers
based on their smart card number?.
a) A) URNRPT
b) B) SCNRPT
c) C) FIRPT
d) D) RPTFI
e) E) None of these
282) Name the chairman of a committee formed by RBI with the objective of working
out a medium -term (five year) measurable action plan for financial inclusion in the
month of July 2015..
a) A) Shri Deepak Mohanty
b) B) Shri Raghuram Rajan
c) C) Shri S S Mundra
d) D) Shri Narendra Modi
e) E) None of these
283) What is minimum and maximum age of customers for availing the benefit under
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?.
a) A) 18-45 years
b) B) 18 - 50 years
c) C) 18- 55 years
d) D) 18-60 years
e) E) None of these
284) What is the premium rate under Pradhan Mantri Jeevan Jyoti Bima Yojana
(PMJJBY)?.
a) A) Rs. 430/- + service tax
b) B) Rs. 12/- + service tax
c) C) Rs. 330/- + service tax
d) D) Rs. 3300/- + service tax
e) E) None of these
285) What is the minimum and maximum age of customers for availing benefit under
Pradhan mantri Suraksha Bima Yojana (PMSBY)?.
a) A) 18-50 years
b) B) 18-60 years
c) C) 18-55 years
d) D) 18-70 years
e) E) None of these
286) What is the premium rate under Pradhan mantri Suraksha Bima Yojana
(PMSBY)?.
a) A) Rs. 430/- + service tax
b) B) Rs. 12/- + service tax
c) C) Rs. 330/- + service tax
d) D) Rs. 3300/- + service tax
e) E) None of these
287) Under Pradhan mantri Suraksha Bima Yojana (PMSBY) what will be the coverage
in case of irrecoverable loss of sight of one eye or loss of use of one hand or foot?.
a) A) Rs. 1 lakh
b) B) Rs. 2 lakh
c) C) Rs. 3 lakh
d) D) Rs. 4 lakh
e) E) None of these
288) Under Pradhan mantri Suraksha Bima Yojana (PMSBY) what will be the coverage
of benefits in case, total and irrecoverable loss of both the eyes or loss of use of both
hands and feet?.
a) A) Rs. 1.00 lakh
b) B) Rs. 2.00 lakh
c) C) Rs. 3.00 lakh
d) D) Rs. 4.00 lakh
e) E) None of these
289) What will the coverage of benefits under Pradhan mantri Suraksha Bima Yojana
(PMSBY) in case of death?.
a) A) Rs. 1.00 lakh
b) B) Rs. 2.00 lakh
c) C) Rs. 3.00 lakh
d) D) Rs. 4.00 lakh
e) E) None of these
290) Maximum loan can be sanctioned under "Union Shakti" scheme is _____..
a) A) Rs. 5000/b) B) Rs. 10000/c) C) Rs. 15000/d) D) Rs. 20000/e) E) None of these
291) The minimum and maximum age eligible to avail finance under "Union Shakti"
scheme is ________..
a) A) 18-55 years
b) B) 18 - 59 years
c) C) 18-60 years
d) D) 18-70 years
e) E) None of these
293) Interest Table code for the loans sanctioned under "Union Shakti" is _____..
a) A) USHAK
b) B) SHAKTI
c) C) ODSHAKTI
d) D) SHAKU
e) E) None of these
294) Labelling of ______ is to be done for all accounts sanctioned under "Union
Shakti" Scheme..
a) A) Union Shak
b) B) Union Shakti
c) C) Shak union
d) D) Shakti Union
e) E) None of these
296) Term loan of Rs. 15000/- sanctioned to Business Correspondent (BC) agent for
purchase of Hand Held Device will come under the scheme of ______..
a) A) Union Shakti
b) B) Union Bandhu
c) C) Project Hariyali
d) D) Union Progress
e) E) None of these
298) The Fortune at the bottom of the pyramid- Eradicating poverty through profits is
written by ______..
a) A) Vikram Seth
b) B) D T Pai
c) C) C K Prahalad
d) D) Jawaharlal Nehru
e) E) None of these