Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Promotion Booklet
(Updated upto 01-06-2011)
INDEX
Chapter
no.
Page
Number
Policy Guidelines
1-5
Annual Results
6-8
General Banking
9-29
Inspection& Audit,
30-37
38-49
50-68
69-126
127-138
139-142
10
SME Advances
143-201
11
NPA Management
202-208
12
209-245
13
International Banking
246-316
14
Agriculture Advances
317-386
15
387-411
16
412-463
17
464-475
18
BPR
476-480
19
Cross Selling
481-494
20
495-531
2.
b)
d)
20
30
As per Policy Guidelines 2011-12, Corporate Centre has fixed the target for
growth in deposits for at:______
a)
c)
3.
18
25
23%
18.5%
b)
d)
32%
15.5%
20%
23%
b)
d)
per
22%
28%
4.
As per Policy Guidelines 2011-12, the return on equity has been targeted
at.. %
a) 18.50
b)
19.50
c) 15.20
d)
16.20
As per Policy Guidelines 2011-12., increase in CASA ratio for the whole bank
is to go up by , basis points.
a)
c)
6.
b)150
d)200
ALL SME customers with limit of Rs-----cr and above are to be provided with
CINB in 2011-12.
a)
c)
7.
120
140
1.00
2.5
b)
d)
3.00
1.5
As per Policy Guidelines 2011-12 the Bank has to focus on increasing other
income by ______%.
a) 28
c) 30
b) 26
d) 40
1
As per Policy Guidelines 2011-12, target for growth in Housing and auto
loans in NBG has been fixed at .% & %.
a)
c)
9.
3
7
1.08
1.03
the overheads growth is to be restricted
b)
d)
5
0 (SAME LEVEL)
1.00lac
1.50lac
b)
d)
0.50lac
0.75lac`
20 & 25
30 & 30
b)
d)
25 ,25
50 & 50
As per Policy Guidelines 2011-12, ------- % growth has been set for education
loan
a)
c)
15.
2.27
3.25
14.
2
1.90
13.
b)
d)
12.
3.50
1.15
11.
b) 27, 22
d) 26, 35
10.
20, 30
25, 32
25
45
b)
d)
30
40
As per Policy Guidelines 2011-12, -------- number of new mobile banking users
are to be added .
a)
c)
20lac
25 lac
b)
d)
10lac
30lac
2
16.
As per Policy Guidelines 2011-12, ------ lac new Retail users of INB are to be
added .
a)
c)
17.
120
200
b)
d)
300
150
10
25
b)
d)
20
15
As per Policy Guidelines 2011-12, net interest margin for the bank should be
-----------a)
c)
20.
50
25
As per Policy Guidelines 2011-12 the NRI deposits have been budgeted to
increase by %. Under the overall growth target for deposits.
a)
c)
19.
b)
d)
18.
24
30
3.5
4.2
b)
d)
3.40
2.85
20
40
b)
d)
30
25
2
A
7
B
12
A
17
B
3
C
8
D
13
B
18
A
4
D
9
B
14
A
19
B
5
C
10
D
15
A
20
D
As per Policy Guidelines 2011-12. Target of cash recoveries in NPAs and also
upgradation of NPAs has been budgeted at crores,&..crores.
a)
c)
3000,5560
5000 ,6750
b)
d)
4000,4500
4200, 3200
2.
As per Policy Guidelines 2011-12, out of total advances to micro and small
enterprises ----- % should go to micro enterprises.
a) 40
b) 55
c) 60
d) 45
3.
4.
b)
d)
1,00,000
2,00,000
As per Policy Guidelines 2011-12 , the market share of Deposits and Advances
is to increase by more than .. & .basis points .
a)
c)
60, 45
45, 40
b)
d)
65, 50
70, 65
5.
6.
7.
b)
d)
15
13
As per Policy Guidelines 2011-2012, the average Daily Average Hits at ATMs
have to Increase from
a)
c)
8.
12
14
365 to 370
340 to 350
b)
d)
370 to 390
400 to 410
9.
10.
The target for Credit Linking of SHGs for the year ending 31-03-2012 has been
fixed at Lacs
a)
c)
11.
4
3.5
b)
d)
As per Policy Guidelines 2011-2012 the target for opening of No Frill a/cs has
been fixed at --------lacs
a) 15
c) 10
12.
13.
3
2
b)
d)
30
25
Per deposits and advances growth target set for SCE branches for the year
2011 -12 is ----- % & ------- %
a) 40, 40
b)35 , 35
c) 60, 40
d)50, 30
Net NPA %age for the year 2011-12 should be -------a) 1.00
b) 2.05
c) 2
d) 1.50
2
C
7
A
12
B
3
A
8
B
13
A
4
C
9
D
5
B
10
A
(a)59.60
(c)59.40
(d)49.40
2. The total deposits of the bank as on 310311 have crossed ----- Cr.
(a) 833000
(b)923000
(c)933000
(d)943000
(b)771000
(c)781000
(d)791000
4. Operatig profits of the bank have grown upto Rs. cr. For the year ending
2011.
(a)5000
(b)25335
(c)38351
(d)28351
5. The bank has declared a dividend of per share of Rs.for the year ending
2011 .
a)30
(b) 25
(c) 28
(d) 29
b) 20.26
c) 18.45
d) 23
The Bank has recorded a NIM of (Net Interest Margin ) % for the year
ending 2011 .
a) 3.09
b) 3.32
c) 2.83
d) 2.73
b)15.40
c) 17.40
d) 16.40
12596
b)
135332
c)
13542
d)
12156
10. The CASA ratio has improved from 46.67% as on March 2010 to -------as on Mar.2011 .
a) 48.66
b) 47.94
c)45.32
d) 46.01
11. The net profit of State Bank of India for the year ended 31st March 2011
was:____
a) Rs. 8361.52 crore
c) Rs. 8264.52crore
12.
b)
d)
Rs.9381 crore
Rs.9564.45 crore
The paid up capital of State Bank of India as on 31st March 2011 was:
a)
c)
Rs.562.29 crore
Rs.500 crore
b)
d)
Rs.1000 crore
Rs.635 crore
13. The authorised share capital of State Bank of India as at the end of 31st
Mar2011 was:
a) Rs.100 crore
c) Rs.500 crore
b)
d)
Rs.200 crore
Rs.1000 crore
14. The paid up capital and reserves of State Bank of India as at the end of 31st
March 2011 was in the range of:
a)Rs.50000 Rs. 60000 crore
c)Rs.45000 Rs. 48000 crore
15.
b)
d)
b)
d)
25005
24500
16. Profit for the fourth Quarter ending 2011 was -------- Rs.
a)28.08
17.
18.
b) 24.01
c) 20.88
d) 20.46
Earning per share (EPS) of State Bank of India for the year 2010-2011
was:
a) Rs.132.15
b) Rs.140.15
c) Rs166.31
d) Rs. 130.16
The Buisness growth for the year ending 31.03.2011 is Rs..Crores
a)250142
b) 190145
c )260139
d) 240139
The credit deposit ratio for the year ending 2010-2011 is...%
a)75.74
20.
b)76.32
c)7 6.03
b) 2.98, 1.78
22.
b)11.98
d) 11.79
The Bank has reached a provision coverage ratio of % for the year
ending 2011
a)64.95
23.
d) 74.94
b) 60.63
c)71.63
d) 59.37
24. The return on equity for the year ending March 2011 is-------.
a)12.84
25.
b) 11.90
c)15.23
d)12.01
The return on average assets for the year ending 2011 is -------- %
a)0.71
b)0.65
c)0.63
d)0.68
2
C
7
B
12
D
17
D
22
A
3
B
8
D
13
D
18
C
23
A
4
B
9
C
14
D
19
B
24
A
5
A
10
A
15
B
20
A
25
A
A has hired a locker with your branch, he sends the key by post with an
intention to surrender the locker, in this situation---------a) Bank will be discharged of its liability, if key is accompanied by a letter stating
the contents of the lockers as NIL
b) The bank will not be discharged of its liability
c) The bank should not accept
d) Bank can accept subject to its rights under reserve
2.
Your branch has a locker account in the joint names of A and B to be operated
as either or Survivor. You receive information of death of B, in this event--------:
a)
b)
c)
d)
3.
A authorizes B for operating his locker. B approaches the bank for surrender
there of. How would you react?
a)
b)
c)
d)
4.
When a locker is broken open the presence of which of the following is not must-------a)
b)
c)
d)
5.
A and his wife B have hired a locker in joint names; A is residing abroad. B
informs about loss of key of the locker and asks for breaking open the locker, in
this event-----:
a) Bank will not accept the request
b) Bank can accept on the basis of indemnity
c) Bank can accept the request on the basis of indemnity bond and power of
attorney in her favour from A
d) None of the above
7.
8.
A minor
An illiterate person
To clubs, societies & associations
All of the above
A and his wife B are having locker with either or survivor clause. A informs that
his wife has gone insane and requests the bank not to allow her to operate the
locker. The bank--------------a) Will allow operation by B till A gives a certificate to the bank to the affect that
B has become insane and bank is satisfied with this.
b) Will not allow operation by her
c) Only joint operations here after
d) None of the above
9.
What would be the course of action in case of loss of safe custody receipt by the
customer----------:
a)
If satisfied, the bank can issue a duplicate on written request from the
customer
b) The contents would be seized
c) The bank can issue a duplicate after obtaining indemnity bond.
d) Duplicate cannot be issued as it is not a negotiable instrument
10.
When the bank accepts articles for keeping in safe custody, the relationship
between the banker and the customer is that of-----------a)
b)
c)
d)
10
11.
A customer keeps NSCs in the name of his minor son in safe custody with the
bank. Immediately after attaining majority the son approaches the bank with a
request that the certificates be delivered to him as he is major now, in this event---------,
a) Bank will not deliver to him
b) Bank will deliver to him after attaining proper introduction and discharge
c) Bank will neither deliver him nor let him have the details
d) Bank will deliver to the father who had handed over the certificates to the
Bank
12.
These are not included in debt and securities as defined under Indian
succession act 1925
b) It is not allowed under RBI act
c) It is not permitted under negotiable instruments act
d) None of the above
13.
A minor wants to keep certain articles in safe custody. The Bank -----------a)
b)
c)
d)
14.
A, while keeping a sealed packet in safe custody gives instruction to the bank
that the packet should be delivered to the B after his death. In this event, bank --------a)
b)
c)
d)
15.
11
Mr. X, approaches your branch to deposit in safe custody, his term deposit
receipt (issued by other bank), How would you react----------------------a)
b)
c)
d)
17.
The packets or boxes accepted for keeping in safe custody must bear which one
of the following seals------------:
a)
b)
c)
d)
18.
The relationship between the bank and hirer of a locker is that of------------:
a)
c)
19.
Debtor-Creditor
Licensor -Licensee
b)
d)
Bailor-Bailee
Principal-agent
Locker hiring Charges for a locker (small type) in a Urban Branch are------:
a)
c)
b)
d)
20. Safe custody receipt in respect of branch duplicate keys is kept in the
a)
b)
c)
d)
Q.
Ans.
Q.
Ans.
1
a
11
b
2
c
12
a
3
b
13
c
4
d
14
b
5
c
15
b
6
b
16
c
7
a
17
b
8
c
18
c
9
c
19
c
10
d
20
b
12
The term intestate is used with reference to -----------a) Settlement of claim in case of a deceased customer
b) Payment to the nominee in case of a deceased customer
c) A person died without leaving a will.
d) A person died after leaving a will
2.
3.
4.
A person will be declared as legally dead, if for a period of_.....year or more, the
persons who would have normally known of his existence have not heard of him /
known of his existence:
a)
5
b)
6
c)
7
d)
8
5.
When a person dies without leaving behind a will, a person appointed by court to
manage his estate is called:
a)
An executor
b)
An attorney
c)
An administrator
d)
A trustee
A box was kept as a safe deposit article at your branch. The legal heir to the
estate of the deceased has now requested you to deliver the article to him.
Which of the following documents is to be obtained?
a) Succession certificate
b) Letter of administration
c) Affidavit -cum-indemnity bond
d) A simple receipt signed by the heir
6.
13
8.
A will is Probated by the Court under which of the following Act-------------------a) Indian Succession Act
b) Banking Regulation Act
c) Indian Contract Act
d) Hindu Succession Act
9.
An Executor is-------------:
a) A person appointed by the court to sell the assets of a deceased person.
b) A person who is named in the will of a deceased person to manage his estate
c) A person appointed by the legal heirs to execute their orders.
d) None of the above.
10
11
A succession certificate is--------------a) A document in the form of a court certificate which authorises a person to
succeed to the properties of a deceased person.
b) A document which authorises to receive property
c) An order by a court.
d) A petition approved by a court.
12.
13.
14.
15.
16
For a deposit account in the name of a minor, who can make the nomination-----a)
b)
c)
d)
17.
18.
One person
Two persons
A Bank Official
Nominee
19.
20
21.
22.
23.
24.
The document that alters, adds or explains a will and is deemed to be part of a
will is------a)
b)
c)
d)
Annexure
Add-on will
Codicil
None of these
25.
While opening account in the name of an executor we must obtain---a) Original Will
b) Probate
c) Succession Certificate
d) Letter of Administration
26.
27.
Which of the following documents you will call for in permitting removal of the
contents of the locker in case of death of locker hirer who has not nominated any
one?
a)
Heir ship certificate
b)
Succession certificate
c)
Certificate of administration general
d)
Letter of administration
16
28.
As per RBI instructions claim upto Rs. ________ can be settled without legal
representation if there is no dispute and Bank has no reasonable doubt about the
claimant and all legal heirs join in indemnifying.
a)
b)
c)
d)
10 lacs
25 lacs
100 lacs
No limit
29.
30.
What is the procedure of delivering the gold ornaments pledged to the bank
without legal representation?
a)
The Letter of Indemnity is to be obtained on the appropriate form
b)
The receipt of the claimants is to be obtained in the Gold Loan Ledger
under authentication of the joint custodians
c)
A separate receipt detailing the items delivered is to be obtained from the
claimants
d)
All the above
31. As per RBI instruction the claims up to a threshold limit of Rs------------ will be
entertained without insisting for valid death certificate in case of missing persons.
a)1.00lac
b) 0.50lac
c)2.00lac
d)1.50lac
32. The documents required for settling claim in respect of missing persons without
production of valid death certificate are
a) FIR
b)Non-traceable report issued by the police authorities.
c) Indemnity from the claimant
d) all the above
17
Answers
DISPOSAL OF ASSETS OF DECEASED CONSTITUENTS
1
c
11
a
21
a
31
2
b
12
c
22
a
a
3
a
13
a
23
c
32
4
c
14
d
24
c
d
5
c
15
a
25
b
6
b
16
a
26
b
7
c
17
d
27
d
8
a
18
a
28
d
9
b
19
c
29
c
10
b
20
b
30
d
18
MRFTP is a system under which the market is scanned on a daily basis to arrive at
the &
(a) TP Bid rates
(b)TP Offer rates
(c) Interest Rates
(d) a & b above
19
For staff deposits TP bid rate is ------basis points over and above the interest
tate of the account
(a) 25
(b) 30
(c) 10
(d) 15
20
The Demand deposits are non maturity deposit accounts like Savings account,
Current Account where maturity pattern is arrived at based on the behavioral
study of . .
(a) Customers
(b) Share Market
(c) Debt Market
(d) the said accounts
14.
For Savings , it is assumed that 10 % of the balances are paid on the . day
and the remaining balance of 90 % is paid at the end of the 1st year, 3rd Year
and 5th Year in equal proportions.
a)
14th
b)
10 th
c)
30th
d) 15th
15.
16.
17.
14day rate* 0.10,+(1 yr rate*0.3)+(3 yrs rae*0.3 )+5 yrs rate *0.3)
10day rate *0.10,+(1 yr rate*0.3)+(3 yrs rae*0.3 )+5 yrs rate *0.3)
15day rate *0.10,+(1 yr rate*0.3)+(3 yrs rae*0.3 )+5 yrs rate *0.3)
30day rate *0.10,+(1 yr rate*0.3)+(3 yrs rae*0.3 )+5 yrs rate *0.3)
14day rate* 0.15,+(1 yr rate*0.3)+(3 yrs rae*0.3 )+5 yrs rate *0.25)
10day rate *0.10,+(1 yr rate*0.3)+(3 yrs rae*0.3 )+5 yrs rate *0.3)
15day rate *0.10,+(1 yr rate*0.3)+(3 yrs rae*0.3 )+5 yrs rate *0.3)
30day rate *0.10,+(1 yr rate*0.3)+(3 yrs rae*0.3 )+5 yrs rate *0.3)
18.
For cash balance Tp offer rate of-----day/days as on date of transfer pricing date
is taken
(a) 14
(b) 7
(c) 1
(d) 3
19. For fixed rate loans as demand deposits,(except demand deposits against banks
own securities and term loans TP offer rate is arrived at by a method called -----(a) duration
(b) behavioural analysis
(c) moving averages
(d) projection
20. For fixed rate loans like CC&OD TP offer rate is arrived , just like in
(a) DL
(b) TL
( c) SB/CA
(d) one of the above
KEY TO ASSIGNMENT
TRANSFER PRICE MECHANISM
1
D
6
A
11
A
16
A
2
E
7
C
12
D
17
C
3
C
8
E
13
D
18
C
4
D
9
C
14
A
19
A
5
A
10
A
15
A
20
C
22
b)
d)
b)
Rs2.00lacs
Rs5.00lacs
Rs1.00lacs
No minimum
b) 85A
d) 138
6. A duplicate IOI can be issued for an amount up to Rs. ____ without waiting for
the non-payment advice from the drawee branch:
a) Rs.5,000
c) Rs.15, 000
b)
d)
Rs.10, 000
Rs.15, 000
7. For valued constituents, a duplicate IOI can be issued without insisting for any
surety, where the amount of IOI is below Rs. --------a)
b)
c)
d)
23
The branch issuing the IOI has a right to stop its payment
Only the applicant for the IOI has a right to stop its payment
Payment of IOI cannot be stopped
None of the above]
9. In the event of Original and duplicate IOI are presented for payment through
clearing, by two different banks on the same day, the Bank------------a) Will pay the duplicate
c) Will return both
10. Hologram will be affixed on all IOI of Rs.____ & above includingIOI issued on
continuous stationary:
a)
c)
Rs.0.50 lac
Rs. 2 lacs
b) Rs.1 lac
d) Rs. 10 lacs
11. In case of collection of IOI the collecting Banker is protected under section..
Of Negotiable Instrument Act1881.
a)
c)
85
131
b)
d)
85 A
131 A
b)
Rs. 7,500
d)
Rs. 20,000
13. While making the payment of a Bankers Cheque by cancellation, which of the
following statement is not true:
a) A stamped letter of Indemnity on COS 537 would be required
b) The purchaser can give a simple request letter for cancellation
c) His receipt on the back of the Bankers Cheque (on a revenue stamp if the
amount is Rs 500 and above) under the words, Received Payment by
Cancellation would need to be obtained
d) Strict identification should be insisted upon if the amount is paid in cash
24
b)
d)
Rs. 5 lacs
No Ceiling since 01-11-04
b) Charges Account-Sundries
d) None of these
16. Drop box facility should not be used for which of the following type of
instruments-----------:
a)
b)
c)
d)
17. A drop box with 03 slits/compartments has three coloured powder coated
compartments-which are these colours:
a) Red, Blue, Green
c) Blue, Red, Yellow
18. As per extant RBI instructions relating to payment of compensation for delayed
collection of instruments, banks should pay interest @ ______________ for the
period of delay.
a) 2% above fixed deposit rate applicable for abnormal delay
b) 1.5% above fixed deposit rate applicable for abnormal delay
( c) 1% above fixed deposit rate applicable for abnormal delay
( d) Savings Bank Rate
19. Bank has decided to waive, issue of draft advices in Agency Clearing upto Rs.-----:
a) 25,000
c) 10,000
b) 50,000
d) 1,00,000
20. A customer X deposits Rs. 5000/- with the bank for remittance by way of
telegraphic transfer for credit of Ys account at other station. The relationship
between Y and bank in this case is that of a:a) Principal and agent
c) Debtor and Creditor
KEY TO ASSIGNMENT
Remittances/Collections-1
Q.
Ans
Q.
Ans
1
b
11
d
2
c
12
d
3
c
13
a
4
d
14
d
5
b
15
b
6
b
16
c
7
d
17
c
8
c
18
d
9
a
19
c
10
b
20
b
26
Remittances/Collections-2
21. An IOI can be revalidated--------a) Once
b) Twice
c) No restrictions
d) It cant be revalidated
22. Banker Cheques are to be credited to charges account if they are unclaimed
for-------a) Six months
b) One year
c) Three years
d) None of these
23. Maximum amount for which an IOI can be issued is
a) Rs100,00,00,000
c) 99,00,00,000
b) Rs99,99,99,999
d) none of these
b) PAN No.
d) either a or b
b)10
c)11
d)16
b) 12 months
d) none of the above
27. IOI instruments when examined under Ultra violet rays will show the water mark
of--------a) our corporate centre building
c) words SBI
28. The Hologram has nine digit number.
a) Circle code
c) RBI allotted code for our bank
b) SBIs logo
d) none of the above
The first two digits represent --------b) First two digits of BSR code
d) First two digits of branch code
27
b) 7 days
d) 10days
31. What is the time frame for collection of cheques (drawn on other bank
branches), between Metropolitan Centres/ Major A Class cities?
a) 6 days
c) 8 days
b) 7 days
d) 10days
32. What is the time frame for collection of cheques (drawn on our own branches),
between Metropolitan Centres / Major A Class cities and State Capitals (Other
than North Eastern States & Sikkim) ?
a) 6 days
c) 8 days
b) 7 days
d) 10days
33. What is the time frame for collection of cheques (drawn on other bank
branches), between Metropolitan Centres / Major A Class cities and State
Capitals (Other than North Eastern States & Sikkim) ?
a) 6 days
c) 8 days
b) 7 days
d) 10days
34. What is the time frame for collection of cheques (drawn on other bank
branches), between centres other than Metropolitan Centres/ Major A Class
cities and State Capitals (Other than North Eastern States & Sikkim) ?
a) 8 days
c) 14 days
b) 7 days
d) 10days
35. What is the time frame for collection of cheques (drawn on our bank branches),
between centres other than Metropolitan Centres/ Major A Class cities and
State Capitals (Other than North Eastern States & Sikkim) ?
a) 8 days
b) 7 days
c) 14 days
d) 10days
28
KEY TO ASSIGNMENT
Remittances/Collections-2
Q.
Ans.
Q.
Ans.
21
a
31
a
22
c
32
b
23
b
33
c
24
b
34
d
25
a
35
c
26
a
36
d
27
a
37
a
28
a
38
b
29
d
39
d
30
c
40
d
29
INSPECTION/AUDIT-I
1.
2.
3.
b)
c)
d)
5.
b) Jaipur
d) Lucknow
4.
6.
30
11.
SDRM
MRDS
DRSM
None of the above
10.
4
1
3
2
9.
-------
01-04-2003
01-04-2002
01-01-2003
None of these
12.
Audit conducted in respect of a particular area either at the request of controller
or decided by Inspection dept, LHO depending on circumstances is called?
a)
b)
c)
d)
controlled audit
internal audit
concurrent audit
spot audit
31
13.
14.
15.
High Risk
Medium Risk
Low Risk
No Risk
18.
Group I
Group II
Group III
No such criteria
17.
Two
Three
Five
Seven
All branches with a minimum aggregate advance of Rs15 cr are placed under
a)
b)
c)
d)
16.
High Risk
Medium Risk
Low Risk
No Risk
Group I
Group II
Group III
No such criteria
32
Q.
Ans.
Q.
Ans.
1
c
11
a
2
c
12
d
3
a
13
c
4
c
14
b
5
d
15
b
6
b
16
b
7
d
17
c
8
a
18
a
9
b
19
10
a
20
33
INSPECTION/AUDIT-II
1
5 Maximum credit risk management score for group I branch in ARF is ----a)
b)
c)
d)
525
425
600
750
6 Maximum credit risk management score for group I branch in ARF is-------a)
b)
c)
d)
400
425
500
650
34
Which of the following does not fall under high risk under Zero Tolerance
a) false certification of substantive nature in Branch Manager Monthly Certificate
b) Non-checking of VVRs/BGL by a person other than whom they relate to
c) Maintenance of password secrecy and prompt reporting of loss of password of
the INB Customer to the Security Manager, INB Mumbai.
d) Proper custody and accounting of preprinted INB Kit, ATM Pin Mailers and
Welcome Kit
e) None of the above
10.
What is the revised periodicity of RFIA with effect from 01-01-2006 for branches
scoring >85% under Group I?
a) within 18 months
c) within 15 months
11.
What is the revised periodicity of RFIA with effect from 01-01-2006 for branches
scoring 70 -85 % Group II?
a) within 21 months
c) within 15 months
12.
b) within 12 months
d) within 21 months
b) within 12 months
d) within 18 months
What is the revised periodicity of RFIA with effect from 01-01-2006 for branches
scoring 50%> under Group I ?
a) within 18 months
c) within 12 months
b) within 15 months
d) within 21 months
35
b) within 18 months
d) within 21 months
What is the revised periodicity of RFIA with effect from 01-01-2006 for branches
< scoring 50%?
a) 10-12 months
c) 8-10 months
15.
What is the revised periodicity of RFIA with effect from 01-01-2006 for Newly
opened branches?
a)
b)
c)
d)
16.
17.
within 18 months
within 12 months irrespective of Group
within 6-8 months irrespective of Group
within 10 months
One of the following is not covered under operational risk----a) customer service
b) control system
c) general branch mangement
d) problem loan management
One of the following is not covered under credit risk---?
a)
b)
c)
d)
18.
b) 6-8 months
d) 7-9 months
Pre sanction
Problem loan management
remittances
post sanction
19.
36
21.
Procedure audit
Operational audit
Compliance audit
Systems and procedure audit
RBI Audit is conducted under------?
a)
b)
c)
d)
KEY TO ASSIGNMENT
INSPECTION/AUDIT-II
Q.
Ans.
Q.
Ans.
Q.
Ans.
1
c
11
d
21
a
2
a
12
c
3
b
13
a
4
d
14
b
5
a
15
b
6
c
16
d
7
b
17
d
8
a
18
d
9
e
19
b
10
a
20
d
37
Paris
Tokyo
London
Basle/Basel, Switzerland
Every month
Every three months
Every six months
Once in a year
1970
1972
1975
1978
IMF
World Bank
Both of the above
None of the above
Corporate Governance
Non Performing Assets
Capital Adequacy Ratio (CAR)
None of the above
38
26 June 2004
30 June 2004
30 August 2004
26 July 2004
8. The Basel II revised framework consists of three mutually reinforcing pillars. Which
among the following is not the reinforcing pillar ?
a)
b)
c)
d)
Credit Risk
Market Risk
Operational Risk
All of the above
8%
9%
10%
11%
8%
9%
10%
11%
39
13.
14.
Tier 1 + Tier 2/ Risk Weighted Assets for Credit risk + Operational risk
Tier 1 + Tier 2/ Risk Weighted Assets for Credit risk +Market risk
Tier 1 + Tier 2/ Risk Weighted Assets for Market risk + Operational risk
Tier 1 + Tier 2/ Risk Weighted Assets for Credit risk +Market risk +
Operational risk
SME
AGL
Both of the above
None of the above
15.
16.
Under the Basic Indicator Approach, banks have to hold capital for operational
risk equal to __________ of average Gross Income for the preceding 3 years.
a)
b)
c)
d)
15%
18%
20%
10%
40
For measuring Credit Risk which of the following menu of Approaches is not
suggested:
a)
b)
c)
d)
18.
For measuring Market Risk which of the following menu of Approaches is not
suggested:
a)
b)
c)
d)
19.
Standard Approach
Internal Models Approach
Advanced Measurement Approach (AMA)
None of the above
20.
Standardised Approach
Foundation Internal Rating Based (IRB) Approach
Advanced Internal Rating (IRB) Approach
Internal Models Approach
21.
22.
31-03-2008
31-03-2009
31-03-2007
01-01-2008
RBI has asked banks to submit applications for implementing The Standardized
Approach (TSA) by:
a.
b.
c.
d.
31-03-2008
01-04-2009
01-04-2010
01-01-2010
41
The Standardized Approach (TSA) involves the reclassification of the income and
interest expenses of the Bank into ________ business lines:
a) 4
b) 8
c) 7
d) 9
24.
For implementation of TSA all new accounts being opened have to be classified
either under Retail Banking or Commercial Banking. Which of the following
statements are correct in this regard:
I. All advances and deposits in PER segment will be treated as Retail
Banking.
II. Exposure (fund based & non-fund based) to an individual person or
persons or to a small business will be treated as Retail Banking.
III. All existing Deposit accounts in National Banking Group (NBG) shall be
classified under Retail Banking Group.
IV. All Deposit accounts in Corporate Accounts Group (CAG) and Mid
Corporate Group (MCG) will be treated as Commercial, except Staff
accounts.
a)
c)
25.
b)
d)
a)
c)
b)
d)
42
KEY
BASEL II, Capital Adequacy & Risk Managment
1
d
11
b
21
a
2
b
12
d
22
c
3
c
13
c
23
b
4
c
14
a
24
d
5
c
15
d
25
a
6
a
16
a
7
a
17
d
8
d
18
c
9
d
19
d
10
a
20
d
43
The overall responsibility for overseeing the risk management processes in our
Bank is of _____________.
a)
b)
c)
d)
2.
3.
b)
c)
d)
5.
Chairman
Managing Director & CCRO
CGM (Risk Management)
CGM (I & A)
4.
Chairman
The Risk Management Committee of the Board (RMCB)
Risk Management Department, Corporate Office
None of the above.
Branches only
Corporate office
LHOs and Administrative Offices
All business and functional areas within the Bank which includes all its
branches and offices.
As per regulatory requirements, the Bank needs to put in place BCP for all its
offices within a specified time frame by ___________.
a)
b)
c)
d)
31-03-2008
31-03-2009
31-03-2010
No time limit has been fixed by RBI for the purpose.
44
The deadline for switching over to the New CRA Models (CRA 2007) by all
Branches was:
a)
b)
c)
d)
7.
a)
b)
c)
d)
8.
The new CRA models will be applicable to all accounts with Aggregate Exposure
(FBL + NFBL) of Rs. ____________
a)
b)
c)
d)
9.
10.
Simplified Model
Regular Model
Both of the above
Basel Model
11.
above
above
above
above
Rs. 1 crores.
Rs. 2 crores.
Rs. 5 crores.
Rs. 10 crores.
45
12.
13.
14.
08, SB 08
10, SB 10
12, SB 12
16, SB 16
The Rating Scale under Facility Rating has been expanded to _______ Grades
(FR1 to ______)
a)
b)
c)
d)
16.
Borrower Rating
Facility Rating
Country Rating
Both (a)&(b)
The Rating Scale under Borrower Rating has been expanded to _______ Grades
(SB1 to ______)
a)
b)
c)
d)
15.
Borrower Rating
Facility Rating
Country Rating
All of the above
08, FR 08
10, FR 10
12, FR 12
16, FR 16
Hurdle Grade under Borrower Rating is ______ & under Facility Rating is
________
a)
b)
c)
d)
SB 04 & FR 04
SB 08 & FR 08
SB 10 & FR 10
SB 12 & FR 12
46
17.
b)
c)
d)
18.
Country Ratings are applicable for units having ________Assets/ Cash flows
originating outside India:
a)
b)
c)
d)
19.
20.
While mapping ratings of borrowers as per the new CRA Model vis--vis the old
Model, which of the following combination is not correct:
(i)
(ii)
(iii)
(iv)
a)
c)
(ii)
(ii) & (iii)
New Rating
SB1, SB2
SB3, SB4, SB5
SB 10
SB8, SB9
b)
d)
Old Rating
SB1
SB2
SB5
SB4
(iii)
None of the above
47
21.
While mapping ratings of borrowers as per the new CRA Model vis--vis the old
Model, which of the following combination is not correct:
(i)
(ii)
(iii)
(iv)
a)
c)
22.
(iv)
None of the above
All branches,
All CPCs
Administrative Offices & LHOs
All branches, CPCs and other offices of the Bank.
24.
b)
d)
Old Rating
SB 6
SB 3
SB 7
SB 8
"Risk Register" is to be maintained to capture and record the range of high level
risk events that might have an impact on the performance of an operating unit
and the plans for mitigating them by :
a)
b)
c)
d)
23.
(ii)
(ii) & (iii)
New Rating
SB11, SB12
SB6, SB7
SB 13, SB 14
SB 15, SB 16
01-04-09
01-06-09
01-07-09
01-01-09
48
26.
27.
15 days
45 days
b)
d)
30 days
60 days
One of the prerequisites for migration to Internal Rating Based (IRB) Approach
under Credit Risk is that the Bank should have capability to estimate
a)
Probability of Default (PD)
b)
Loss Given Default (LGD)
c)
Exposure at Default (EAD)
d)
All of the above
Key
BASEL II, Capital Adequacy & Risk Management
1
b
10
c
19
c
2
b
11
c
20
d
3
d
12
a
21
b
4
d
13
d
22
d
5
d
14
d
23
a
6
b
15
d
24
a
7
c
16
c
25
c
8
b
17
a
26
a
9
c
18
b
27
d
49
As per Savings Bank Rules- Minors who can adhere to uniform signature and are
not less than 10 years old, can open Savings Bank Accounts in their single name
and can maintain a maximum balance of:
a)
b)
02
Rs 1.00 lac
Rs 5.00 lac
Rs.1/Rs.10/-
b)
d)
Rs.5/Rs.50/-
b)
d)
b)
d)
07
b)
d)
What are the service charges for debit entries in excess of thirty entries excluding
alternate
channels like transactions through State Bank ATMs and Internet
Banking during a half year in Savings Bank Account?
a)
c)
06
What is the minimum permissible amount for withdrawal from a Savings Bank
Account?
a)
c)
05
Rs.50,000/Rs.2,00,000/-
What is the minimum cash amount that can be deposited in a Savings Bank
Account?
a)
c)
04
b)
d)
The Maximum deposit in the minors a/c under guardianship can be up to-----:
a)
c)
03
Rs.20,000/Rs.10,000/-
Rs.2500 & Rs. 5000/- respectively b) Rs. 5000 & Rs. 10000/- respectively
Rs.2000 & Rs. 5000/- respectively d) Rs.1000 & Rs. 5000/- respectively
Rs.2500 & Rs. 5000/- respectively b) Rs. 5000 & Rs. 10000/- respectively
Rs.2000 & Rs. 5000/- respectively d) Rs.1000 & Rs. 5000/- respectively
50
08
09
10
Rs.1000/Rs.500/-
b)
d)
Rs.100/Rs. 5000/-
14
What is the minimum amount of deposit that can be accepted as Term / Special
Term Deposit:
a)
c)
13
What is the minimum & maximum period for Term Deposits of Rs 1 crore &
above ?
a)
c)
12
Rs.250 & Rs. 500/- respectively b) Rs. 500 & Rs. 1000/- respectively
Rs.200 & Rs. 500/- respectively d) Rs.1000 & Rs. 5000/- respectively
What is the minimum & maximum period for Term Deposits of less than Rs 1
crore?
a)
c)
11.
Rs.250 & Rs. 500/- respectively b) Rs. 500 & Rs. 1000/- respectively
Rs.200 & Rs. 500/- respectively d) Rs.100 & Rs. 500/- respectively
51
16
The maximum amount of loan that can be granted against Term Deposits is:
a)
b)
c)
d)
17.
c)
d)
b)
d)
Rs.20,000/Rs.1,00,000
20.
Rs.10,000/Rs.50,000/-
19
U/s 269 T of the Income Tax Act, the branches will make payment of time deposits
with interest thereon amounting to Rs.______ and above by way of credit to
account/Bank Draft/crossed cheque only:
a)
c)
18.
Minimum Rs. 50/- Maximum Rs. 1000/Minimum Rs. 100/- Maximum Rs. 10,000/Minimum Rs. 100/- and thereafter in multiple of Rs. 10/Minimum Rs. 100/- Maximum Rs. 5,000/-
Zero %
1%
b)
d)
0.5 %
2.0%
As per Section 194A of the Income Tax Act, banks are required to deduct tax at
source whenever interest on time deposits credited or paid or likely to be credited
or paid to the account of a customer, exceeds Rs _____ per person, per branch
in a financial year.
a)
c)
Rs.5, 000
Rs.2, 500
b)
d)
Rs.10, 000
Rs.20, 000
52
Only (i)
(i), (ii) & (iv)
b)
d)
23.
An illiterate person may open an ordinary Savings Bank account in his sole
name or jointly with other person(s).
Where one of the depositors is literate a cheque-operated joint account
payable to any one, survivors can be opened
The thumb impression of the depositor on the Savings Bank account closing
form are to be witnessed in all cases, by an independent witness acceptable
to the Bank.
Accounts of illiterate depositors may be transferred, at their request, from
one branch to another like the other accounts.
b)
d)
iv)
a)
c)
24.
25.
Only (i)
(i), (ii) & (iv)
b)
d)
26.
Rs. 15,000
Rs. 20,000
b)
d)
The receipts for fixed deposits viz. Term Deposit / Special Term Deposits is to
be issued in the form of a system generated advice on preprinted Non
security form look alike receipt format
Statement (i) is applicable to all branches of the bank irrespective of the
location and type of the branch
Statement (i) is applicable to all market segments
Statement (i) is applicable to any amount of deposit tendered
Statement (i) is not applicable to Term Deposit / Special Term Deposits
received under State Bank Tax Saving Scheme 2006.
ii)
iii)
iv)
v)
a)
c)
27.
Only (i)
(i), (ii) (iii) & (iv)
b)
d)
Loans against NR(E)RA and FCNR(B) deposits either to the depositors or third
parties can be granted up to a maximum limit of_________.
a)
c)
Rs. 20 lac
Rs.100 lac
b)
d)
Rs. 50 lac
Rs. 500 lac
54
1
d
11
a
21
d
2
c
12
a
22
c
3
c
13
b
23
c
4
c
14
d
24
d
5
a
15
c
25
d
6
b
16
d
26
d
7
a
17
b
27
c
8
a
18
b
9
b
19
c
10
d
20
b
55
b) Rs. 5,000
d) Rs. 500
b) Rs. 5,000
d) Rs. 500
5. While making premature payment of MODS (unitised break up), which of the
following method will be applicable-----a)
b)
c)
d)
6. What is the maturity period of MODs issued under Saving Plus Scheme?
a)
b)
c)
d)
7. Under Saving Plus Account the minimum Threshold Amount should be Rs.
_______, however the depositor may opt for a higher threshold amount.
a) 15,000/c) 1,000/-
b) 10,000/d) 5,000/56
b) 85% of deposit
d) Not permitted
10. Under Liquid Term Deposit (LTD) scheme, the maximum period of deposit is-----a) One year
c) 7 Year
b) 5 Years
d) 10 Years
11. The minimum amount of Liquid Term Deposit (LTD) is-----a) Rs. 1,500/c) Rs.25000/-
b) Rs.10000/d) Rs.50,000/-
12. Under LTD Scheme, the partial withdrawal is permitted in units of Rs. --------a) Rs.500/c) Rs.5000/-
13. Under Liquid Term Deposit (LTD) scheme, the minimum period of deposit is-----a) 15 days
c) 1 year
b) 6 months
d) 7 days
14. Banks are required to deduct tax at source (TDS) from interest payable on Time
Deposits wherever such interest paid or accrued per person and per branch during a
financial year exceeds -------------a) Rs.20000
c) Rs.5000
b) Rs.10000
d) Rs.50000
57
15. The minimum amount of deposit under the Kisan Mitra Jama Yojna is
Rs.___________ and in multiples of ___________.
a) Rs. 1,000 and Rs. 100
c) Rs. 5,000 and Rs. 1,000
16. The minimum amount of withdrawal under the Kisan Mitra Jama Yojna is stipulated
at ______ and in multiple of ________ ..
a) Rs. 100/- and Rs 100/c) Rs. 1,000/- and Rs. 500/-
b) Rs. 500/- and Rs. 100/d) Rs. 1,500/- and Rs. 100/-
17. The minimum period of deposit under the Kisan Mitra Jama Yojna is:
_______________.
a) 12 months
c) 3 months
b) 6 months
d) 15 days.
18. Under the Kisan Mitra Jama Yojna deposit can be accepted for a maximum period of
_______.
a) 3 years
c) 7 years
b) 5 years
d) 10 years
19. The minimum amount of Corporate Liquid Term Deposit (CLTD) is-----a) Rs.5, 000/c) Rs.25000/-
20. Under CLTD Scheme, the minimum amount of deposit allowable subsequent to
initial deposit is:
a) Rs. 5000/c) Rs. 25,000/-
Q.
Ans.
Q.
Ans.
1
a
11
a
2
b
12
a
3
c
13
c
4
c
14
b
5
c
15
d
6
c
16
b
7
d
17
a
8
c
18
d
9
d
19
d
10
b
20
c
58
b) 60 years
d) none of the above
2) Under Senior Citizen Deposit Scheme, the minimum period of deposit is________.
a) 3 months
c) 1 year
b) 6 months
d) 15 days
3) Under Senior Citizen Deposit Scheme, the minimum amount of deposit is_______.
a) Rs. 500/c) Rs. 5,000/-
b) 0.50%
d) None of the above
5) Which of the following statement is not true in respect of CAPGAIN PLUS Scheme?
a)
b)
c)
d)
6) Under CAPGAIN PLUS Scheme, the minimum amount of deposit which can be held
in TDR is
a) Rs. 500/c) Rs. 5,000/-
b) 30
d) None of the above
59
b) ATM Card
d) None of the above
9) Under CAPGAIN PLUS Scheme withdrawal of amount can be permitted only by way
of DD in favour of payee if amount of such withdrawal exceeds Rs. ----------a) Rs. 5000/c) Rs. 25,000/-
11) Initial deposit required to open No Frill Account is Rs. ___________and thereafter
minimum balance of Rs. ________ can be maintained.
a)
c)
12) Maximum balance that can be maintained in the No Frill Account is Rs.
___________
a) Rs 50,000
b) Rs 25,000
c) Rs 10,000
d) Rs 1,00,000
13) Rate of interest payable in No Frill Account is:
a) As applicable to Savings Bank account if a minimum balance of Rs.500/- or more
is maintained.
b) No interest is to be paid.
c) As applicable to Savings Bank account.
d) None of the above.
60
14) Which of the following scheme/s have been discontinued from 01-04-2009.
a) Money Box
c) Both of the above
b) Kanak Dhara
d) None of the above
15) Which of the following scheme has been discontinued from 01.06.2011.
a) Annuity Deposit Scheme
c) SB Yuva Account
Q.
A
Q
A
1
b
11
d
2
c
12
c
3
d
13
c
4
b
14
c
5
d
15
b
6
c
7
c
8
d
9
c
10
d
61
b)
c)
d)
e)
2.
PBBU Heads of the Circle have the discretion to permit deviation in eligibility
criteria and approve a tie up with a Corporate/ Institution having minimum
number of ___ employees opening their salary accounts with us.
a)
b)
c)
d)
3.
10
15
20
No deviation is allowed
Circle CGM may permit coverage of employees having salaries of less than
Rs. 5,000 per month under Silver variant, provided :
(a)
(b)
(c)
(d)
e)
4.
5.
2
4
b)
d)
3
5
Platinum Account
Gold Account
Diamond Account
Both (a) & (c)
62
Gross Monthly Salary should be between Rs. 5,000/- and Rs. 20,000/-.
Free Domestic ATM Card is provided
Unlimited cheque book leaves free in a year except for bulk
requirementfor EMIs payable to other banks/FIs
Charges are recovered for Cash Deposit transactions in excess of 3
transactions per month
a) Only (i)
c) (i), (ii) & (iv)
7.
Gross Monthly Salary should be between Rs. 20,000/- and Rs. 50,000/Free International Gold Debit Card is provided
Unlimited cheque book leaves free in a year
Charges are recovered for Cash Deposit transactions in excess of 3
transactions per month
a) Only (i)
c) (i), (ii) & (iii)
b)
d)
Gross Monthly Salary should be between Rs. 50,000/- and Rs. 1.00 lac.
Free International Gold Debit Card is provided
Unlimited cheque book leaves free in a year
No limit on number of cash deposit transactions.
a) Only (i)
c) (i), (ii) & (iv)
9.
8.
b)
d)
b)
d)
b)
d)
10.
11.
12
2
4
b)
d)
3
5
13
Platinum Account
Silver Account, Gold Account,
Silver Account, Gold Account & Diamond Account
All the four variants
Ranks
Salaries
Ranks and Salaries both
None of the above.
All Army personnel including the Defence Civilian Staff will be eligible to
open DSP accounts. Currently however, civilians have been excluded.
The facilities under DSP accounts will be continued even for pension
accounts after retirement, provided the officer/ PBOR has had his salary
account with us and also draws his pension through us.
The Army numbers to be used in ID First field.
The DSP account can be operated as a joint account.
a) Only (i)
c) (i), (ii) & (iv)
b)
d)
14. Which of the following statement/s is/are correct in respect of Salary Package
Account?
a) RTGS/NEFT charges to be recovered as applicable to other accounts.
b) RTGS/NEFT charges to be recovered at concessional rates upto Rs. 2 Lacs and
thereafter as applicable to other accounts
c) RTGS/NEFT charges waived whilst uploading salary/other credits to employee
accounts through our CINB.
64
15.
16.
b)
d)
1
d
11
c
2
a
12
a
3
d
13
d
KEY
SALARY PACKAGE ACCOUNTS
4
5
6
7
8
c
a
d
c
c
14
15
16
c
c
d
9
d
10
d
65
2.
(a)
(c)
Only (i)
Both (i) & (ii)
Which of the following statement/s is not correct in respect of joint account under
SBI Gold Deposit scheme?
a)
b)
c)
d)
3.
____ Branch has been designated as Nodal Branch for Gold Deposit Scheme:
d)
e)
f)
g)
5.
Under SBI Gold Deposit nomination facility will be available if the deposit is:
a)
b)
c)
d)
4.
Under SBI Gold Deposit Minimum Quantity of gold that can be deposited is :
a) 50 gms (gross)
c) 500 gms (net)
6.
b)
d)
3 years
7 years
b)
d)
5 years
10 years
66
7.
8.
The depositor will have the option of taking interest annually as on 31st
March every year (i.e. non-cumulative) or compound it annually for
payment at the time of maturity(i.e. cumulative).
The interest will be calculated in grams but paid in rupees only.
Interest will be payable from the date of deposit of gold with the
designated branch.
None of the above
9.
The depositor will have the option for redemption of the principal on
maturity either in gold or in rupees
For redemption in gold, the deposit will be redeemed in gold of 995/999
fineness, in the multiples of 10 gm bars, at the discretion of the Bank. Any
fraction quantity in excess of multiple of 10 gm bars will be repaid in
rupees only.
In case the repayment in rupees is taken after the date of maturity, the
rate applicable on the date of payment will be taken into account.
In case the maturity date is a non-business day in Mumbai, the deposit will
be redeemed on the next working day (at the conversion rate of the date
of maturity) and no additional interest will be paid for extra day(s).
ii)
iii)
iv)
(a)
(c)
10.
Only (iv)
Both (i) & (ii)
67
Only (i)
Both (ii) & (iii)
What is the minimum loan amount under Rupee Loan against gold deposit?
a) Rs. 50,000/c) Rs. 5,00,000/-
12.
b)
d)
What is the maximum loan amount under Rupee Loan against gold deposit
without any administrative clearance?
a) Rs. 500,00,000/c) Rs. 50,00,000/-
13.
b)
d)
Margin under Rupee Loan against gold deposit is _____ of the principal value of
the Gold Deposit Certificate.
a) 20%
14.
b)
25%
c) 30%
40%.
15.
d)
b)
d)
All branches
Both a) & c)
1
d
11
b
2
a
12
a
3
a
13
b
4
b
14
b
5
d
15
b
6
b
7
c
8
b
9
b
10
c
68
Individual(s) over ______ years of age with independent source of regular income
are eligible for finance under Housing Loan Scheme.
a)
c)
18
21
b) Project cost
d)
all of the above
30
55
b) 40
d) 25
6.
LTV
EMI/NMI ratio
5.
The maximum permissible loan amount under H/L scheme, for an applicant is
linked to _________
a)
c)
4.
20
25
3.
b)
d)
40
55
b) 50
d) 60
40
55
b) 50
d) 60
69
7.
The authority for increase in EMI/NMI ratio upto____ vests with controller of
Branch/RACPC, depending on the family size and availability of disposable
surplus income.
a)
c)
8.
5%
2
1%
10%
What is the maximum repayment period under HL Scheme for individuals upto
45 years of age?
a)
c)
9.
b)
d)
12 years
20 years
b)
d)
15 years
25 years subject to liquidation of
the loan before the borrower
reaches the age of 70 years
10.
In addition to the applicants income, Income of spouse/children /parents /
siblings may be considered for arriving at maximum loan amount
a) spouse /children
b) parents
c) siblings
d) all of the above
11.
12.
13.
20
5
b)
d)
10
25
The maximum permissible loan amount under H.L. Scheme for repairs or
renovation of house (without obtaining prior administrative clearance of the
Network GM), is:__
a)
c)
Rs. 5 lakh .
Rs. 15 lakh
b)
d)
Rs. 10 lakh
Rs. 20 lakh
70
The maximum permissible loan amount under H.L. Scheme for furnishing and
consumer durables is: _____________.
a) 10 % of the project cost or Rs. 2 lacs whichever is less.
b) 20 % of the project cost or Rs. 3 lacs whichever is less.
c) 10 % of the project cost or Rs. 3 lacs whichever is less.
d) 10 % of the project cost or Rs. 4 lacs whichever is less.
15.
The minimum margin required under H.L. Scheme for house under construction,
for a loan upto Rs 75 lacs , is : __________.
a)
c)
16.
15%
25 %
10 % of project cost
20 % of project cost
b)
d)
25 % of project cost
30 % of project cost
18.
b)
d)
The minimum margin required under H.L. Scheme for house under construction,
for a loan above Rs 75 lacs , is : __________.
a)
c)
17.
10 %
20 %
25
30
b)
d)
10
40
19.
While computing maximum eligible loan amount, expected rent accruals from
the proposed house/flat being let out (net of taxes, cess etc.) may be reckoned,
subject to maximum amount
a) equivalent to the applicants Net Monthly Income(NMI)/Net Annual Income
(NAI).
b) equivalent to the amount of annual rent or annual income whichever is lower
c) equivalent to the cost of construction
d) equivalent to the 50% of annual rent
20. Rental income is not allowed to be considered when giving loan for
a)purchase of house
b)construction of house
c)purchase of flat
d)purchase of plot
71
21.
KEY
HOME LOANS ASSIGNMENT 1
Q.
Ans.
Q.
Ans.
1
a
11
b
2
d
12
b
3
d
13
b
4
a
14
c
5
b
15
c
6
c
16
b
7
a
17
a
8
d
18
c
9
b
19
a
10
d
20
d
21
b
72
P SEGMENT ADVANCES
HOME LOANS & HOME LOANS TO NRIs
ASSIGNMENT 2
1.
2.
3.
Rs. 5 crore
Rs. 10 crore
b)
d)
Rs. 7.5crore
Rs. 15 crore
4.
With effect from 1st May 2011 processing fees is to be recovered at the time of
a) pre sanction
b) initial scrutiny
c)Sanctioning
d)documentation
5.
Capitalisation of pre EMI interest is allowed only if the moratorium period does
not exceed-----months
a) 24
b) 36
c) 18
d)
6
6.
Under Housing Loan Scheme, prior administrative clearance (from next higher
authority) is required in respect of a loan for purchase of a house which is more
than _____ years old.
a)
c)
20
10
b)
d)
15
7
73
Loan to value ratio in cas of loan above Rs 20.00lac for home under construction
should be ---------%
a)
c)
75
80
b)
d)
60
90
8.
For Home Loans above Rs.25000/- , if the irregularity exceeds EMI or
Installment amount, for a period of one month, then penal interest should be
recovered ------------% p.a. (over and above the applicable interest rate) on the overdue
amount for the period of default
a) 2
b) 1.
c) 3
d) 2.5
9. In case son/daughter /sibling /parents income is clubbed for arriving at loan amount
repayment has to be made through an account
a) in the name of any one of the borrower/ guarantor
b) in the name of any one of the borrower only
c) in the joint name of all the borrowers and guarantor
d) in the name of guarantor only
10.
Home loan borrowers can claim Income Tax benefits under section 80C upto
Rs. ___________ in respect of principal repayment of Home Loans.
a)
c)
20,000/1,00,000/-
b)
d)
30,000/1,50,000/-
11.
As per RBI guidelines housing loan for construction ,purchase of dwelling unit
upto Rs -----lac shall be eligible for classification under prirority sector
a)
10
b)
25
c)
15
d)
20
12.
13.
3
1
b)
d)
5
2
To be eligible under Housing Loan Scheme for NRIs / PIO, the NRIs/PIOs should
be earning a minimum NMI equivalent to US$ ________or a NAI equivalent to
US$ _____.
74
a)
c)
14.
500(NMI) / 6000(NAI)
2000(NMI) / 24000(NAI)
b)
d)
1000(NMI) / 12000(NAI)
2500(NMI) / 30000(NAI)
15.
In case loan amount above Rs 10.00lacs is to be given foe pair and renovation
administrative clearance will be given by -------a) CGM of circle
b) GM of network
c) CGM PBBU
d) CCCI
16.
What is the maximum repayment period under HL Scheme for NRIs/PIOs upto
35 years of age subject to stipulation that the loan should be liquidated by the
age of 60 years or by the age of retirement, whichever occurs earlier?
a)
c)
17.
15 years
25 years
12 years
20 years
b)
d)
15 years
25 years
The minimum loan amount of Housing Loan under HL Scheme for NRIs/PIOs is
:_________
a)
c)
19.
b)
d)
What is the maximum repayment period under HL Scheme for NRIs/PIOs above
35 years and upto 45 years of age subject to stipulation that the loan should be
liquidated by the age of 60 years or by the age of retirement, whichever occurs
earlier?
a)
c)
18.
12 years
20 years
Rs. 1 lac
Rs. 3 lac
b)
d)
Rs. 2 lac
Rs. 5 lac
The Maximum Loan amount for repair and renovation by NRI is limited to
a) Rs. 10 lac
b) Rs. 15 lac
c) Rs. 20 lac
d) Rs. 25 lac
75
The Maximum Loan amount for furnishing and consumer durables under
HL Scheme for NRIs/PIOs is :______________
a)
b)
c)
d)
21.
One of the eligibility criteria for NRIs to avail of housing loan is that they should
have been employed abroad for at least _______ years and presently holding a
valid job contract/work permit and aged above____ years.
a)
c)
22.
1
2,21
b)
d)
2, 18
4
23
50
75
b) 60
d) 65
The AGM (Region)/(Branch) may permit the repayment of loan upto the age of----years provided the approving authority is satisfied about the continuity of the
income
a)65
c)72
b)70
d)75
1
c
12
c
23
b
2
b
13
a
3
b
14
a
4
d
15
b
5
c
16
d
6
b
17
c
7
c
18
c
8
a
19
a
9
c
20
a
10
c
21
b
11
d
22
b
76
b)10 yrs
c)20yrs
d)15yrs
2.Minimum net monthly income for availing loan under Yuva Home loan is Rs-----a)25000/-
b)50000/-
c)100000/-
d)60000/-
3.Loan under this scheme can be extended to people in the age group
between -------and -----a)18 , 25
b)21,
35
c)30,
40
d)21, 35
4.Under this loan a person can get ------% more than the amount calculated as per
the normal EMI/NMI ratio.
a) 20
b)15
c)25
d)30
5.Minimum amount for which SBI home loan PAL can be extended is
a)Rs30.00lacs
b)Rs25.00lacs
c)Rs10.00lacs
extended
a)Branch only
b)Racpc only
d)Rs20.00lacs
at
d)RBO
b)6mths
c)2mths
d)12mths
8.One of the following is not true about what is given in Preapproved Loan arrangement
letter.
a) If the time gap between PLAL and submission of Home Loan application by the
customer is more than one month, fresh CIBIL Credit report will be verified by the
RACPC.
b) Loan amount calculated on the basis of prevailing interest rates will be valid for a
period of 1 month.
77
b)5
c)3
d)6
a
b
b
a
5
6
7
8
c
b
c
d
9
10
a
c
78
For which purpose loan under SBI-Home Plus scheme can be granted?
a)
b)
c)
d)
2.
3.
1
3
Present market value of the house property (-) Margin of 25% on the
property value (-)Present outstanding in the Home Loan account
Rs. 10 lacs
Rs. 20 lacs
Least of a & b
b)
c)
d)
What is the minimum and maximum amount eligible under SBI-Home Plus?
a)
c)
5.
b)
d)
50
60
b)
d)
40
no such condition
Under SBI Home Plus, in case of borrowers with NMI of Rs. 10 lacs and above,
the ratio of EMI/NMI can be relaxed upto____%
a)
c)
7.
6.
2
4
4.
b)
d)
40
50
b)
d)
60
70
Where equitable mortgage is not extended to cover SBI Home plus, repayment
of loan granted under SBI Home Plus is_____
a)
20 years
b) 15 years
c)
10 years
d)
Lower of 10 years or residual
maturity of existing loan
79
The moratorium within the overall repayment period of loan granted under SBI
Home Plus can be permitted upto _____months subject to servicing of interest.
a)
c)
9.
3
6
b)
d)
2
12
At any point of time no of loans granted under SBI Home Plus will not exceed ---subject to an overall ceiling of Rs. 10,00,000/- .
a)
c)
1
3
b)
d)
2
4
10.
11.
Minimum monthly income to avail loan under earnest money deposit scheme
should be -----a)
Rs5000/b)
Rs10000/c)
Rs6000/d)
No minimum amount
12.. Maximum loan amount that can be given under loan for earnest money is ---------a) Rs5.00lac
b)Rs10.00lac
c)Rs20.00lac
d)Rs8.00lac
13.The Security under Loan for Earnest Money loan is waived subject to -------a) Allotment letters / refund orders are routed through SBI.
b) Lump sum amount equal to 6 months interest is taken upfront.
c) 2 PDCs one for the principal amount of EMD and another towards interest for
the next 6 months should be taken to meet the eventuality of refund getting .
delayed
d) all of the above
Key to Home Loans Assignment 4
Q.
Ans.
Q.
Ans.
1
d
11
d
2
a
12
b
3
d
13
d
4
a
5
c
6
d
7
d
8
d
9
b
10
c
80
2.
3.
Rs.10 cr
Rs.20 cr
4.
purchase of house
construction of house
purchase of shop
purchase of plot of land for construction of a house
Rs. 10 lacs
Rs. 20 lacs
b)
d)
prior
Rs. 50 cr
Rs. 1cr
administrative
b)
d)
clearance
from
AGM
Rs.50 lacs
Rs. 25 lacs
For determining maximum permissible loan under SBI Reality a customer having
Annual Income upto Rs. 2 lacs, the EMI/NMI ratio should not
exceed__________%
a)
c)
40
55
b)
d)
30
60
5.
For determining maximum permissible loan under SBI Reality a customer having
Annual Income above Rs. 2 lacs and upto Rs. 5 lacs, the EMI/NMI ratio should
not exceed__________%
a)
40
b)
50
c)
55
d)
60
6.
For determining maximum permissible loan under SBI Reality a customer having
Annual Income above Rs. 5 lacs to Rs. 10 lacs the EMI/NMI ratio should not
exceed__________%
a)
c)
7.
40
55
b)
d)
45
60
For determining maximum permissible loan under SBI Reality a customer having
Annual Income above Rs. 10 lacs the EMI/NMI ratio should not
exceed__________%
a)
40
b)
45
c)
55
d)
50
81
8.
Maximum time period stipulated for construction of house under SBI realty
scheme is______, from the date of availment of loan.
a)
c)
9.
2,
3,
3,
2,
higher
higher
lower
lower
12 years
20 years
b)
d)
15 years
25 years
12.
3 years
4 years
11.
b)
d)
For loans above Rs50.00lacs property valuation should be done by -----empanalled valuers and ------of the assessments should be considered for loan
amount.
a)
b)
c)
d)
10.
2 years
5 years
term loan
either a) or b)
b)
d)
overdraft
neither
13.
14.
b)
d)
b)
d)
Overdraft
Term Loan
82
15.
16.
For being eligible under SBI Maxgain Housing loan scheme, the minimum loan
amount should be ___________.
a)
c)
17.
b)
d)
The criteria of minimum balance in SB/Current account for being eligible for SBI
Maxgain can be relaxed, if the customer is having______acccount with us.
a)
b)
c)
d)
19.
b)
d)
For being eligible under SBI Maxgain, existing/prospective customer should have
minimum balance of Rs._______ in their SB/Current Account
a)
c)
18.
Cheque book/ ATM cum Debit Card and Internet Banking facility shall be
provided to the SBI Maxgain housing loan borrower ___________and completion
of required formalities
a)
c)
Key to Advances
Home Loans Assignment 5
Q.
Ans.
Q.
Ans.
1
d
12
d
2
a
13
a
3
b
14
b
4
b
15
d
5
a
16
b
6
b
17
b
7
d
18
d
8
a
19
c
9
d
10
b
11
c
83
21- 55 years
18- 65 years
b) 21- 60 years
d) 21-65 years
Scheme,
for
for
a)
c)
a)
c)
4.
b)
d)
10 %
20%
15 %
25%
10
15
b)
d)
12
20
For borrower other than salaried class, the total repayment period available
under SBI-Tribal Plus Home Loans Scheme is subject to liquidation of loan
before the borrower attains _______ years of age.
a)
c)
6.
10%
20%
b)
d)
For salaried borrowers, the total repayment period under SBI-Tribal Plus Home
Loans Scheme, should not exceed ______ years or the remaining period of their
service whichever is less.
a)
c)
5.
5%
15%
60
70
b)
d)
65
72
5
3
b)
d)
4
2
84
The amount of loan available under SBI-Tribal Plus Scheme, is : 36 times NMI
for employees / 2 times average NAI for the last 3 years for others, subject to a
maximum amount of Rs. _______ lacs.
a)
c)
8.
10
20
25
40
b)
d)
30
50
10.
b)
d)
Under SBI-Tribal Plus Scheme, for salaried borrowers, the aggregate value of
liquid securities (Banks TDRs, LIC/SBI Life/other insurers endowment policies,
NSCs, KVPs, gold ornaments etc.) should not be less than ______% of the loan
amount
a)
c)
9.
5
15
30
50
b)
d)
40
60
As Mortgage of land is not available under Tribal Plus, what will be taken as
security?
3rd party guarantee of another employee(s) employed with
Govt./PSU/reputed Private Sector Undertaking
b) Group guarantee of 3- 4 employees who are working in the same organization
and whose salaries are being routed through the bank on the basis of
irrevocable letter of authority.
c)
in case of loan to professional, self-employed, guarantor(s) networth should
be equal to or more than the loan amount.
d) any of the above
a)
11.
Gram Niwas Scheme is applicable in all rural and semi-urban centres. Rural
Area for the purpose of the Scheme is the area comprised in any village
including the area comprised in any town, the population of which does not
exceed ________ as per 2001 census.
a)
c)
10,000
20,000
b)
d)
12,000
50,000
85
Term Loan
Overdraft
Clean Overdraft
a or b
13.
The maximum loan amount available under Gram Niwas Scheme, for
construction is Rs.___________
a)
1,00,000/b) 2,00,000/c)
3,00,000/d) 5,00,000/-
14.
The maximum loan amount available under Gram Niwas Housing Loan
Scheme, for repairs/renovation of house, is:___________
a)
c)
15.
b)
d)
5 % of project cost
15 % of project cost
b)
d)
10 % of project cost
20 % of project cost
5 % of project cost
15 % of project cost
b)
d)
10 % of project cost
20 % of project cost
19.
The margin required under Gram Niwas Scheme for loan above Rs. 50,000/and upto Rs. 5.00 lac is___________
a)
c)
18.
The margin required under Gram Niwas Scheme for loan upto Rs. 50,000/is___________
a)
c)
17.
b)
d)
The maximum loan amount available under Gram Niwas Housing Loan Scheme,
for purchase of land is:___________
a)
c)
16.
18 to 60 years
21 to 65 years
b)
d)
21 to 60 years
18 to 50 years
Under Gram Niwas maximum EMI/NMI ratio where average annual income is
above Rs5.00lacs is ---a)
c)
60%
55%
b)
d)
75%
50%
86
20.
The maximum repayment period available under Gram Niwas Scheme, as well
as under Sahyog Niwas Scheme, is: ____________ .
a)
c)
7 years
15 years
b)
d)
10 years
20 years
21.
Sahyog Niwas Scheme relates to---------------a) Financing SHG for on lending to members for housing in rural areas.
b) People residing in same village cooperate each other.
c) Scheme for financing rural people for construction of houses.
d) None of the above
22.
Sahyog Niwas Scheme is operational in---------------a) In rural and semi urban areas where SHGs are operating.
b) In urban areas .
c) Both a & b.
d) None of the above
23.
For being eligible under Sahayog Niwas Scheme, SHGs should be in existence,
with good track record of payment, for ____________.
a)
c)
24.
1 year
3years
Under Sahyog Niwas Scheme, after the disbursement of loan, SHG will on lend
to its members for housing subject to a maximum of Rs._________ per member
for purchase/construction of house OR Rs._________ for repairs / renovations /
purchase of plot.
a)
c)
26.
b)
d)
25.
6 months.
2 years
b)
d)
Under Sahyog Niwas Scheme, SHGs should not charge to its members more
than _______% of interest rate charged by the Bank.
a) 2
b) 3
c) 4
d) 5
87
Key to Assignment
HOME LOANS ASSIGNMENT 6
Q.
Ans.
Q.
Ans.
Q
Ans.
1
b
10
d
19
a
2
c
11
d
20
c
3
c
12
d
21
a
4
c
13
d
22
a
5
b
14
d
23
c
6
a
15
c
24
d
7
b
16
b
25
a
8
b
17
c
26
b
9
c
18
d
88
CAR LOAN
1.
Minimum income criteria to be eligible under SBI Car Loan Scheme is?
a)
b)
c)
d)
2.
The Minimum and Maximum age criteria for sanction of loan under SBI Car Loan
scheme is:
a) 18-60 years
c) 21-65 years
3.
b)
d)
30
18
Under SBI Car Loan Scheme, the maximum loan amount that can be granted to
professionals, self employed, agriculturists etc., would be restricted to ______
times the net annual income.
a) 1.5
c) 2.5
5.
21-45 years
21-60 years
Under SBI Car Loan Scheme, the maximum loan amount that can be granted to
salaried persons would be restricted to ________ times the net monthly income.
a) 36
c) 24
4.
b)
d)
b)
d)
2
3
What is the maximum loan amount under SBI Car Loan Scheme for
purchase of new Vehicle?
a)
c)
Rs. 15 lacs
Rs. 50 lacs
b)
d)
Rs. 10 lacs
No upper ceiling
6.
Under SBI Car Loan Scheme, EMI should not exceed ______ of Net Monthly
Income.
a) 50%
b) 60%
c) 57.50%
d) 40%
7.
Under SBI Car Loan Scheme EMI/NMI may be relaxed upto ___by sanctioning
authority officer not below the rank of AGM in case of customer with NMI of Rs.
10 lac and above
a)
c)
50%
57.50%
b)
d)
60%
70%
89
The margin required under SBI Car Loan Scheme is _______% of on road
price.
a)
c)
9.
10,
15,
12.
13.
10,000/20,000/-
b)
d)
5,
25,
25,000/25,000/-
Guarantor
Co-borrower
b)
d)
borrower
there is no such requirement
Under SBI Car Loan Scheme, loans up to Rs. __________ may be granted on
fixed interest rate basis.
a)
c)
3 lac
10 lac
5 lac
loan on fixed rate of interest
basis is not granted.
A Car loan granted to an individual for purchase of new & old should be repaid
within --------years
a)
b)
c)
d)
8
7
6
5
b)
d)
The repayment cycle of SBI Car Loan Scheme for loans disbursed on or before
15th of the month and on or after 16th of the month the repayment date should be
fixed as _____&______of the following month respectively.
a)
c)
14.
15
20
Under SBI Car Loan Scheme, when the income of spouse or son/daughter is
clubbed with the borrower he is made ______
a)
c)
11.
b)
d)
10.
5
10
5th, 20th
10th, 20th
b)
d)
10th, 30th
no such stipulation
Penal interest @________ is charged when the Car Loan account is irregular
beyond 30 days for any reason.
a)
b)
c)
d)
15.
16.
17.
70
75
b)
d)
65
60.
18.
Vehicle to be finanaced under under Car loan Scheme for used vehicle should
not be more than ------years old?
a)2 years
b)
4 years
c) 5 years
d)
7 years
19.
What is the maximum loan available under Car loan Scheme for used vehicle?
a)
Rs.10 lacs
b) Rs.20 lacs
c)
Rs.15 lacs
d) No limit
20.
Key to Assignment
CAR LOAN
Q.
Ans.
Q
Ans.
1
c
12
b
2
c
13
c
3
b
14
a
4
c
15
c
5
d
16
b
6
a
17
a
7
d
18
c
8
b
19
c
9
b
20
b
10
c
11
d
91
CAR LOAN-II
1.
2.
5
3
b)
d)
4
2
What is the quantum of service charge payable to the Car dealer for business of
up to 10 car loans (or loan amount up to Rs. 30 lacs) sourced by them during a
month?
a).
75% of loan amount
c) 1. 25% of loan amount
b)
d)
3.
4.
What is the quantum of service charge payable to the Car dealer for business of
more than 25 car loans (or loan amount above Rs. 60 lac) sourced by them
during a month?
a)
c)
b)
d)
5.
In case of used vehicle maximum repayment period for self employed and
professionals is -------years
a)6
b)5
c)7
d)4
6.
What will be the repayment period of a loan granted for purchase of a used
vehicle?
a)
b)
c)
d)
3 years
5 years
7 years
The loan will be repaid within 7 years from the date of original purchase.
92
8.
b) Interest Account
Branch Clg. Gen A/C-RBO
9.
b)
d)
Rs. 2 lacs
Rs. 10 lacs
If Car Loan is granted as Overdraft facility, the rate of interest charged will
be ____bps higher than normal car loans.
a)25
b) 75
c)100
d) 50
10. To be eligible under NRI- Car Loan Scheme, the borrower & Guarantor
should be between ____&____year of age.
a)18, 60
c)21, 60
b)
d)
21, 65
21, 70
11. What are eligibility criteria for Resident Indian borrower under NRI-Car Loan
Scheme?
a) An individual/agriculturist/professional or self employed/ student etc or doing
business with economic activity
b) A parent of the NRI/PIO receiving pension or inward remittance at regular
intervals.
c) Physically fit with a driving license or in a position to engage a driver.
d) The borrower is to be related to NRI/PIO who extends his guarantee to
loan.
e) All of above
12.
What are eligibility criteria for Guarantor under NRI-Car Loan Scheme?
Car loan for NRI should be repaid before the guarantor reaches the age ofa)70
b)60
c)72
d)65
93
14.
What should be the minimum NMI of the Guarantor under NRI Car Loan
Scheme?
a)
c)
15.
US$ 500
US$ 1200
7 years
5 years
b)
d)
9 years
3 years
What is the mode of repayment of EMI under NRI- Car Loan Scheme
a)
b)
c)
d)
18.
What is the maximum repayment tenure under NRI- Car Loan Scheme
a)
c)
17.
US$ 1000
No restriction
What is the maximum loan amount, which can be granted under NRI-Car Loan
Scheme for new cars?
a)
b)
c)
d)
16.
b)
d)
Borrower
Both a & b
b)
d)
Guarantor
No such requirement
19.
20.
NRI should be related to the Resident Indian who is the borrower to stand as
_________for the loan.
a)
c)
Guarantee
Co-borrower
b)
d)
Surety
None of the above
94
Q.
Ans.
Q.
Ans.
1
d
11
e
2
b
12
d
3
c
13
d
4
d
14
b
5
b
15
d
6
d
16
a
7
b
17
d
8
a
18
c
9
d
19
d
10
b
20
a
95
2. The Minimum and Maximum age criteria for borrowers to be eligible under SBI
Advantage Car Loan scheme is:
a) 18-60 years
c) 21-65 years
b)
d)
21-45 years
21-60 years
3. Under SBI Advantage Car Loan Scheme, the maximum loan amount that can be
granted to salaried persons would be restricted to ________ times the net
monthly income.
a) 36
c) 24
b)
d)
48
30
4. Under SBI Advantage Car Loan Scheme, the maximum loan amount that can be
granted to those other than salaried is be restricted to ______ times the net
profit/Gross taxable income after netting of depreciation and repayment of all
loans
a) 2.5
c) 4
b)
d)
2
3
5. Under SBI Advantage Car Loan Scheme, EMI should not exceed ______ of Net
Monthly Income for those with NAI of Rs 5.00lac
a) 50%
c) 57.50%
b)
d)
60%
40%
6. Under SBI Advantage Car Loan Scheme, EMI should not exceed ______ of Net
Monthly Income. for those with NAI above Rs5.00lac and upto Rs10.00lac.
a) 50%
b) 60%
c) 57.50%
d) 40%
7. Under SBI Advantage Car Loan Scheme, EMI should not exceed ______ of Net
Monthly Income. for those with NAI above Rs10.00lac .
a) 50%
b) 60%
c) 57.50%
d) 70%
96
8.
The margin required for purchase of car under SBI Advantage Car Loan Scheme
is _______% of on road price.
a) 5
b) 15
c) 10
d) 20
9.
10.
3 lac
10 lac
borrower
there is no such requirement
b)
d)
7
6
8
5
5th, 20th
10th, 20th
b)
d)
10th, 30th
no such stipulation
15.
b)
d)
The repayment cycle of SBI Advantage Car Loan Scheme for loans disbursed on
or before 15th of the month and on or after 16th of the month the repayment date
should be fixed as _____&______of the following month respectively.
a)
c)
14.
guarantor
co-borrower
5 lac
loan on fixed rate of interest
basis is not granted.
A SBI Advantage Car loan should be repaid within ------years
a)
b)
c)
d)
13.
5, 25,000/- respectively
25, 25,000/- respectively
Under SBI Advantage Car Loan Scheme, loans up to Rs. __________ may be
granted on fixed interest rate basis.
a)
c)
12.
b)
d)
Under SBI Advantage Car Loan Scheme, when the income of spouse is clubbed
with the borrower he/she is made ______
a)
c)
11.
b)
d)
20
25
a.
b.
c.
d.
16.
What is the minimum loan available under SBI Advantage Car loan Scheme?
a)
c)
Rs. 2 lacs
Rs. 5 lacs
b)
d)
Rs.10 lacs
Rs.1 lac
Key to Assignment
SBI ADVANTAGE CAR LOAN
Q.
Ans.
Q
Ans.
1
c
14
a
2
c
15
b
3
b
16
c
4
c
5
a
6
b
7
d
8
b
9
b
10
c
11
d
12
a
13
c
98
EDUCATION LOAN
1. Maximum loan available to a student for studies in India under SBI Student
Loan is:_______
a)
c)
b)
d)
Rs. 10 lac
Rs. 20 lac
2. Maximum loan available to a student for studies abroad under SBI Student
Loan is: _______
a)
c)
Rs. 10 lac
Rs. 20 lac
b)
d)
Rs. 15 lac
Rs. 25 lac
3. Minimum margin required for loans up to Rs. 4 lac under SBI Student Loan is:
___________
a) 15 %
b) 10 %
c) 5 %
d) NIL
4. Minimum margin required for loans above Rs. 4 lac for studies in India under
SBI Student Loan is : ___________
a)
c)
15 %
5%
b)
d)
10 %
NIL
5. Minimum margin required for loans above Rs. 4 lac for studies abroad under SBI
Student Loan is : ___________
a)
c)
15 %
5%
b)
d)
10 %
NIL
from
b)
d)
5 to 7 years
3 to 7 years
99
No security.
Suitable Third Party Guarantee
Tangible Collateral Security of suitable value or Third Party Guarantee
with assignment of future income of the student for payment of
installments
Tangible Collateral Security for full value of loan
10. Under SBI Student Loan, for loan amount above Rs. 4 lacs and upto Rs. 7.5
lacs granted for studies in India as well as for studies abroad, the security to be
obtained is:
a)
b)
c)
d)
No security.
Collateral in the form of a suitable Third Party Guarantee
Tangible Collateral Security of suitable value or Third Party Guarantee
with assignment of future income of the student for payment of
installments
Tangible Collateral Security for full value of loan
11. Under SBI Student Loan, for loan amount above Rs. 7.5 lacs granted for
studies in India, the security to be obtained is:
a)
b)
c)
d)
No security.
Third Party Guarantee
Tangible collateral security of suitable value, along with the assignment of
future income of the student for payment of instalments
Tangible Collateral security for full value of loan
12. As per Reserve Bank of India guidelines, education loans up to the ceilings of
_____________are reckoned under priority sector advances.
a)
b)
c)
d)
100
13.
If the student is not able to complete the course within the scheduled time,
extension of time for completion of course may be permitted for a maximum
period of _______ years.
a)
b)
c)
d)
14.
15.
16.
1 year
2 year
3 year
No extension is permitted
0.5
1.5
Under SBI Student Loan, processing fee is charged @ _____ of the loan
amount.
a)
b)
c)
d)
17.
Nil
0.25 %
For loan upto Rs. 4 lac Nil, for loan above Rs, 4 lac 0.55 %
For loan upto Rs. 4 lac Nil, for loan above Rs, 4 lac 1.10 %
Under SBI Student Loan, how many wards of a parent/guardian can be covered
a)
c)
18.
b) 1
d) No concession is allowed
1
Family to be taken as unit
b)
d)
2
No such limit
What is/are the conditions to sanction second loan (Top up Loan) under SBI
Student Loan?
a) Second loan within the overall limit
b) Provided projected income of the student, after placement, is sufficient to
cover full loan repayment
c) Second loan being allowed with the security requirements as applicable to
the aggregate limit
d) All of the above
101
The maximum loan amount available under SBI Scholar Loan scheme
is______
a)
c)
21.
d)
Rs. 10 lac
Rs.20 lac
NIL
10 %
b)
d)
5%
15 %
No security.
Suitable Third Party Guarantee
Tangible Collateral Security of suitable value or Third Party Guarantee
with assignment of future income of the student for payment of installments
Tangible Collateral Security for full value of loan
24.
b)
d)
23.
The minimum margin required for a loan above Rs. 4 lac under SBI Scholar
Loan scheme is:___________
a)
c)
22.
5 years
5 10 years
b)
d)
5 7 years
7 years
Under SBI Scholar Loan, extension of time for completion of course (for
ascertaining the moratorium period / commencement of repayment period) may
be permitted for max. period of _______ years if student is not able to complete
course within scheduled time,
a)
c)
1 years
3
b)
d)
2 years
No extension is permitted
102
26.
27.
NIL
0.10 %
b)
d)
0.50 %
1.00 %
28.
Rural
Urban
Select list of branches
Bank can authorize branches at other centers in addition to select list of
branches
29.
30.
In SBI Student Loan Scheme the moratorium has been extended from the
current 12 months to 24 months in genuine cases. In SBI Scholar Loan Scheme
the moratorium has been extended from the current 6 months to __________
months.
a)
b)
c)
d)
12 months
18 months
24 months
Not extended
103
31. Under Interest Subsidy scheme on Education Loan for economically weaker
section, following is applicable:
a) Applicable to those students with annual gross parental/family income upto
Rs.4.5 lacs per year (from all sources).
b) The interest subsidy available only once either for the first undergraduate
degree course or the post graduate degree/diploma in India.
c) Nodal Bank for the Ministry of Human Resources Development for
implementation of the scheme is Canara Bank .
d) Maximum loan amount is Rs. 10 lacs.
e) All of the above.
Key to Assignment
EDUCATION LOAN
Q.
Ans.
Q.
Ans.
Q.
Ans.
1
b
12
d
23
b
2
c
13
b
24
b
3
d
14
c
25
d
4
c
15
b
26
b
5
a
16
a
27
d
6
d
17
d
28
c
7
b
18
d
29
b
8
d
19
c
30
d
9
a
20
c
31
e
10
b
21
b
11
c
22
a
104
SBI loan to the pensioners is available to all pensioners drawing pension from
our branches aged __________ years or less.
a)
c)
2.
65
72
62
70
b)
d)
65
72
6.
Maximum 9 times the family pension with a ceiling of Rs. 50,000/Maximum 9 times the family pension with a ceiling of Rs. 75,000/Maximum 12 times the family pension with a ceiling of Rs.75,000/Maximum 12 times the family pension with a ceiling of Rs. 100,000/-.
Under SBI loan to pensioners, the age of the family pensioner should not
exceed ________ years, for eligibility under the scheme.
a)
c)
5.
Maximum 12 months pension with a ceiling of Rs. 50,000/Maximum 12 months pension with a ceiling of Rs. 60,000/Maximum 12 months pension with a ceiling of Rs. 75,000/Maximum 12 months pension with a ceiling of Rs. 100,000/-.
The ceiling for amount of loan for Family Pensioners under SBI loan to
pensioners is:_______
a)
b)
c)
d)
4.
70
No age bar.
The ceiling for amount of loan for pensioners under SBI loan to pensioners is:
_______
a)
b)
c)
d)
3.
b)
d)
36
60
b)
d)
48
72
Under SBI loan to pensioners, for pensioners of age above 70 years and up to
72 years, the repayment is restricted to:__________ EMIs
a)
c)
36
60
b)
d)
48
72
105
Jai Jawan Pension Loan Scheme has been launched to meet the personal
expenses of young Defence Pensioners up to the age of _______years.
a)
c)
60
65
b)
d)
50
55
8. The eligible loan amount under Jai Jawan Pension Loan Scheme is ________
a)
b)
c)
d)
9.
10.
50,000/15,000/-
b)
d)
25,000/20,000/-
50%.
60%.
b)
d)
40%.
45%.
13.
48 months
84 months
Under Jai Jawan Pension Loan Scheme, EMI/NMI ratio should not exceed?
a)
c)
12
b)
d)
11.
60 months
45 months
65
72
b)
d)
70
No age bar.
The ceiling for amount of loan for pensioners under SBI Loan to Affluent
Pensioners Scheme is: _______
a)
b)
c)
d)
Maximum 12 months pension with a ceiling of Rs. 1,50,000/Maximum 12 months pension with a ceiling of Rs. 2,00,000/Maximum 12 months pension with a ceiling of Rs. 3,00,000/Maximum 12 months pension with a ceiling of Rs. 100,000/-.
106
14.
The ceiling for amount of loan for Family Pensioners under SBI Loan to Affluent
Pensioners is:_______
a)
b)
c)
d)
15.
Under SBI Loan to Affluent Pensioners, the age of the family pensioner should
not exceed ________ years, for eligibility under the scheme.
a)
c)
16.
b)
d)
65
72
36
60
b)
d)
48
72
Under SBI Loan to Affluent Pensioners, for pensioners of age above 70 years
and up to 72 years, the repayment is restricted to:__________ EMIs
a)
c)
18.
62
70
17.
Maximum 9 months family pension with a ceiling of Rs. 1,50,000/Maximum 9 months family pension with a ceiling of Rs. 2,00,000/Maximum 12 months family pension with a ceiling of Rs. 1,50,000/Maximum 12 months family pension with a ceiling of Rs. 100,000/-
36
60
b)
d)
24
72
Under SBI Loan to Affluent Pensioners, EMI should not be more than
_______of the net pension drawn by the family pensioner.
a)
c)
50%.
25%.
b)
d)
40%.
45%.
Key to Assignment
PENSION LOANS
Q.
Ans.
Q.
Ans
1
C
11
b
2
d
12
c
3
a
13
c
4
b
14
a
5
c
15
b
6
b
16
a
7
b
17
b
8
c
18
c
9
d
10
b
107
2.
3,000/5,000/-
4,000/10,000/-
2 times NMI, maximum Rs. 20,000/5 times NMI, maximum Rs. 30,000/8 times NMI, maximum Rs. 40,000/4 times NMI, maximum Rs. 50,000/-
60,000/
75,000/-
b)
d)
70,000/1,00,000/-
The loan under Festival Loan Scheme for Public should be repaid within a
maximum period of __________ months.
a)
c)
6.
b)
d)
Under Festival Loan Scheme for Public, loan upto Rs. ____________(restricted
to 4 times NMI) can be granted to employees with check off facility or well
established self employed individuals whose dealings with us have been
satisfactory in the past.
a)
c)
5.
The maximum amount of loan under Festival Loan Scheme for Public is
generally restricted to: ________________.
a)
b)
c)
d)
4.
b)
d)
The minimum amount of loan available under Festival Loan Scheme for Public
is Rs.___________
a)
c)
3.
10 months
15 months
b)
d)
12 months
18 months
Under Festival Loan Scheme for Public, the processing fee will be charged @
__________.
a)
c)
b)
d)
108
60
70
b)
d)
65
72
8.
The minimum amount of loan that can be granted under Personal Loan Against
Mortgage of Immoveable Property, is: _________
a) Rs. 25,000/b) Rs 50,000/c) Rs 1 lacs
d) Rs 200000/-
9.
10.
11.
Rs 100,000/-/Rs 1,50,000/-
Rs 1,44,000/Rs 2,00,000/-
12.
13.
b)
d)
48
72
b)
d)
60
120
Wherever Check-Off facility is not available, the repayment of Term Loan under
Personal Loan Against Mortgage of Immoveable Property is restricted to a
period of _______ months (or upto the date of retirement, if it falls earlier, for
employees).
a)
c)
36
60
b)
d)
48
72
109
14.
15.
b)
c)
d)
Key to Assignment
PERSONAL LOANS
Q.
Ans.
Q.
Ans
1
b
11
d
2
c
12
d
3
d
13
c
4
d
14
b
5
b
15
b
6
a
7
a
8
a
9
b
10
c
110
Who among the following group of borrowers is not eligible for finance under MediPlus Scheme?
a)
b)
c)
d)
e)
2)
In order to be eligible for finance under Medi-Plus Scheme, the minimum Net
Monthly Income (NMI) of employees/pensioners should be: ______________
a) Rs. 5,000/b)
Rs. 10,000/c) Rs. 12,000/d)
Rs. 15,000/-
3)
In order to be eligible for finance under Medi-Plus Scheme, the minimum Net
Annual Income (NAI) of a self employed person should be: ______________
a)
c)
4)
b)
d)
The minimum loan amount under Medi Plus Scheme is: ______________
a) Rs. 50,000/c) Rs. 20,000/-
6)
In order to be eligible for finance under Medi-Plus Scheme, the minimum Gross
Annual Income of an agent of Insurance/KVP/Mutual Funds should be: _______
a) Exceeding Rs. 1,50,000/c) Exceeding Rs. 3,00,000/-
5)
b)
d)
b)
d)
The maximum loan amount under Medi Plus Scheme for employees /self employed
persons, is 12 NMI / 1 year NAI, maximum Rs. _____________
a)
c)
1,00,000/2,00,000/-
b)
d)
1,50,000/3,00,000/-
111
The maximum loan amount under Medi Plus Scheme available for VRS Pensioners
and Agents of Insurance/KVP/Mutual Funds is:____________
a)
c)
8)
b)
d)
15
25
60
36
b)
d)
48
24
50
75
b)
d)
60
100
Under Medi-plus scheme, where check-off facility is not available, the tangible
security should be at least ______ % of the loan amount.
a)
c)
12)
10
20
Under Medi-plus scheme, where check-off facility is available, the tangible security
should be at least ______ % of the loan amount.
a)
c)
11)
Rs.1,20,000/Rs.2,00,000/-
Under Medi Plus Scheme, the repayment should be done in maximum ___ EMIs.
a)
c)
10)
b)
d)
The margin required under Medi Plus Scheme is ______% of total cost of treatment
as per hospital bills.
a)
c)
9)
60
100
b)
d)
75
110
Under Medi-plus scheme, the processing fee will be charged @ ______ % of the
loan amount.
a)
c)
1.00
0.55
b)
d)
1.10
0.50
Key to Assignment
PERSONAL LOANS-II
Q.
Ans
1
d
2
b
3
d
4
c
5
a
6
d
7
a
8
c
9
a
10
a
11
d
12
b
112
2.
36 months
60 months
20,000/
25,000/-
b)
d)
48 months
72 months
b)
d)
24,000/50,000/-
The maximum amount of loan available in all centres under XPRESS CREDIT
is: _____
a)
b)
c)
d)
5.
2
There is no such stipulation
4.
b)
d)
3.
1
3
12 months NMI with a ceiling of Rs. 5,00,000/12 months NMI NAI, with a ceiling of Rs. 7,50,000/24months NMI, with a ceiling of Rs. 10,00,000/24 months NMI, with a ceiling of Rs. 15,00,000/-
6.
Which of the following has not been included under target groups under our
Xpress Credit Scheme?
a)
b)
c)
d)
7.
Under Xpress Credit Scheme, the minimum Net Monthly Income (NMI) required
for eligibility under the scheme should be:_____________
a)
c)
8.
0.30
0.55
11.
b)
d)
Under Xpress Credit Scheme, the processing fee will be charged @ ______ %
of loan amount.
a)
c)
10.
b)
d)
Under Xpress Credit Scheme, the minimum Net Monthly Income (NMI) required
for eligibility under the scheme may be reduced to Rs.______only if salary
account of entire enterprise are with us.
a)
c)
9.
Upto/equal to50%
Upto/equal to60%
b)
d)
Scheme,
b)
d)
0.50
1.00
the
EMI/NMI
ratio
should
be
as
Upto/equal to55%
None of these
12. Under Xpress Credit Scheme, following type of loan can be sanctioned :
a)
b)
c)
d)
13. Under Xpress Credit Scheme, rate of interest will be applied as under :
a) The Interest rate is based on the category of Check off available
b) For Category I, 500 bps above Base Rate floating,Category II- 550 bps
above Base Rate, For Category III-700 bps above Base Rate will be applied
c) GM of the Network is vested with powers to extend the Category II rate to a
Category III borrower only in case of employees of SB1 to SB5 rated
companies who maintain their salary accounts with us.
d) All of the above is applicable.
14. Under Xpress Credit Scheme, penal interest will be charged as under :
a) Penal interest not to be charged for loans up to Rs.25,000.
b) For Loans > Rs.25000/- , if irregularity exceeds EMI or instalment amount,
for a period of one month, penal interest to be charged @2% p.a.(over
and above the applicable interest rate) on the overdue amount for the
period of default.
c) No penal intt., If part instalment /EMI remains overdue.
d) All of the above is applicable.
15. Credit Scoring Model is applicable to Xpress Credit in case of following customers:
a ) All borrowers other than DSP/PMSP Account holders
b) All borrowers including DSP/PMSP Account holders
c) All borrowers including DSP/PMSP Account holders with scores upto 41
as against 71 in case of other borrowers
Key to Assignment
XPRESS CREDIT
Q.
Ans.
Q.
Ans
1
a
12
b
2
c
13
d
3
b
14
d
4
d
15
c
5
c
6
c
7
c
8
b
9
d
10
a
11
d
115
Under SBI Two Wheeler Loan, the minimum Net Monthly Income (NMI) or NAI
should be Rs.___________& Rs. ________ for being eligible for purchase of
petrol/diesel/gas operated scooter & motor cycles.
a)
c)
2.
b)
d)
Under SBI Two Wheeler Loan, the loan is repayable within a maximum period
of ________ months.
a)
c)
6.
The minimum margin required for loan under SBI Two Wheeler Loan is:
___________
a)
b)
c)
d)
5.
Under SBI Two Wheeler Loan, the maximum loan amount is restricted
to: ____
a)
b)
c)
d)
4.
b)
d)
Under SBI Two Wheeler Loan, the minimum Net Monthly Income (NMI) or NAI
should be Rs.___________& Rs. ________ for being eligible for purchase of
mopeds and battery-operated Two-wheelers.
a)
c)
3.
24
48
b)
d)
36
60
Processing fee under SBI Two Wheeler Loan, is 1.20% of loan amount
Min: Rs._____& and Max. Rs._______
a)
c)
b)
d)
500, 10,000/Nil
116
8.
What are the benefits available to eligible borrowers under SBI credit Khazana?
a)
b)
c)
d)
9.
The concession in interest rate, available under SBI Credit Khazana, for all
loans other than housing loans is: _______
a) 1.00 %
b) 0.75 %
c) 0.50 %
d) 0.10 %
10.
Which of the following schemes does not fall under the package of SBI Credit
Khazana for providing concessionary benefits to eligible borrowers?
a)
b)
c)
d)
11.
The maximum quantum of loan for migration to Gulf countries (to meet
Registration expenses, Test & Interview expenses, Agency commission, Visa
charges, Airfare etc.) under Loan for Nurses Seeking Employment Abroad,
is:_____________
a)
c)
12.
b)
d)
b)
d)
117
13.
The maximum quantum of loan for migration to USA under Loan For Nurses
Seeking Employment Abroad is:________________
a)
c)
14.
30
40
b)
d)
35
45
16.
b)
d)
The age of an applicant under Loan For Nurses Seeking Employment Abroad
should not be more than _________ years.
a)
c)
15.
5
3
b)
d)
4
2
The minimum margin required under Loan For Nurses Seeking Employment
Abroad is: ____
a)
c)
10%
20%
b)
d)
15%
25%
Key to Assignment
MISC. SCHEMES
Q.
Ans.
Q.
Ans
1
d
11
b
2
c
12
c
3
c
13
d
4
c
14
b
5
b
15
c
6
c
16
a
7
d
8
d
9
d
10
c
118
3) Under Loans for Subscription to IPOs, the minimum amount of loan should be:
a)
b)
c)
d)
Rs. 5,000/Rs. 10,000/Rs. 20,000/50% of the application money stipulated in the IPO
4) Under Loans for Subscription to IPOs, the maximum amount of loan is restricted to:
______ subject to maximum exposure of Rs. 20 lacs per person.
a) Rs. 25,000/c) Rs. 50,000/-
b)
d)
5) The minimum margin required under Loans for Subscription to IPOs, is ____ % of
the issue price of share applied/bid.
a)
c)
50
30
b)
d)
40
25
6) Under Loans for Subscription to IPOs, the loan should be repaid within
_________of allotment.
a) 3 months
b) 2 months
c) 45 days
d) 30 days
119
25, 50
10, 20
b)
d)
20, 30
5 , 10
30
48
b)
d)
36
60
10) Before the sanction of loan against the security of shares, it should be ascertained
that the market price of the security is not at variance with the arithmetical average
of preceding 52 weeks high and low by more than _______ % in downward
direction.
a)
c)
20
30
b)
d)
25
40
11) Before the sanction of loan against the security of shares, it should be ascertained
that the P/E ratio of the company does not exceed _______ as published in
Economic Times. In case P/E ratio is not available the shares should not be
accepted as security.
a)
c)
30
40
b)
d)
35
50
12) For sanction of loan against the security of shares, the total number of shares of the
company traded on the NSE and BSE should exceed ________on the day of
financing and on each preceding 2 days.
a)
c)
10,000
20,000
b)
d)
15,000
25,000
120
13)
14)
What is the maximum amount of loan available under Gold Loan Scheme?
a) Rs. 1.00 lac
b) Rs. 2.00 lac
c)
Rs. 3.00 lac
d) Rs. 5.00 lac
The minimum amount of loan that can be granted under Gold Loan Scheme in
Rural/Semi-urban centres, is:________
a)
c)
15)
b)
d)
The minimum amount of loan that can be granted under Gold Loan Scheme in
Urban/Metro centres, is:________
a)
c)
16.
b)
d)
For loan against the security of RBI Relief Bonds to the public, a margin of
______% should be kept on bonds.
a)
c)
35
25
b)
d)
40
20
17.
Loan against the security of RBI Relief Bonds, is repayable within a period of
________ months.
a) 24
b) 36
c) 48
d) No repayment of principal and interest is compulsorily proposed.
The loan can be liquidated out of maturity proceeds of Bonds.
18.
The Central Board of the Bank has recently approved the inclusion of following
security/ies under the Banks list of Specified Securities.
a)
b)
c)
d)
19.
The minimum margin required for all loans against the Primary/Collateral security
of mutual funds is _______% .
a)
c)
30
50
b)
d)
40
60
121
Key to Assignment
MISC. SCHEMES-II
Q.
Ans.
Q.
Ans.
1
e
11
c
2
e
12
d
3
d
13
c
4
c
14
d
5
a
15
c
6
d
16
b
7
c
17
d
8
c
18
d
9
a
19
c
10
b
122
P SEGMENT ADVANCES
REVERSE MORTGAGE LOAN ASSIGNMENT
1.
2.
single borrower
single or jointly with spouse in case of living spouse
in the name of spouse
none of the above
3.
4.
5.
6.
What should be the age of first borrower under Reverse Mortgage Loan?
a) Above 50 years
b) Above 58 years
c) Above 60 years
d) No such condition
123
7.
Under Reverse Mortgage Loan Borrower should not have more than one spouse
whose age should be above____years
a)
b)
c)
d)
8.
50 years
58 years
60 years
No such condition
Under Reverse Mortgage Loan what is the criteria about residence of the
borrower
a. Borrower should be staying at self acquired and self owned house/flat
against which loan is being raised
b. Borrower should be staying at rented house/flat against which loan is
being raised
c. Borrower should be staying at self acquired and self owned house/flat
against which loan is being raised, as his permanent primary residence.
d. no such criteria
9. Under Reverse Mortgage Loan, the verification of title of property will be done for
a period of _______years.
a) 10
c) 15
b)
d)
20
30
10. Under Reverse Mortgage Loan, what should be the residual life of the property in
case of single borrower?
a) 20
c) 10
c)
d)
15
25
11. Under Reverse Mortgage Loan, what should be the residual life of the property in
case spouse of borrower is below 60 years of age?
a) 20
c) 10
c)
d)
15
25
124
13. In case the age of the younger of the borrowers is between 58 and upto 68
years. the maximum Tenor of the loan under Reverse Mortgage Loan is___years
a) 15
c) 5
b)
d)
10
20
14. In case the age of the younger of the borrowers is above 68 years, the maximum
Tenor of the loan under Reverse Mortgage Loan is___years
a) 15
c) 5
b)
d)
10
20
Monthly/half yearly
LumpSum
Monthly /quarterly
b&c
1% of amount prepaid
0.5% of amount prepaid
no prepayment penalty
depends upon the sanctioning authority
125
3 years
once in 2 years
every year
5 years after initial valuation
20. What are the processing charges for loan granted under Reverse Mortgage
Loan?
a.
b.
c.
d.
0.50% of loan amount, minimum Rs. 500/- and maximum Rs. 10,000/1.00% of loan amount, minimum Rs. 500/- and maximum Rs. 10,000/0.50% of loan amount, minimum Rs. 500/- and maximum Rs. 5,000/nil
21. Right of Rescission i.e right of the customer to cancel the transaction after
disbursement is within____days.
a.
b.
c.
d.
15 days
7 days
20 days
it is not allowed
22. The borrower will make a ________ and handover to the lender to enable him to
recover the loan.
a.
b.
c.
d.
Power of Attorney
Letter of Authority
Will
Registered Will
1
c
12
a
2
b
13
a
3
d
14
b
4
b
15
d
5
b
16
d
6
c
17
d
7
b
18
c
8
c
19
d
9
d
20
a
10
a
21
b
11
d
22
c
126
ASSIGNMENT
SME POWERGAIN, POWERPACK & SAHAJ
1.
2.
3.
4.
5.
6.
(b) 25%
(c) 50%
(d) No concessions
What are the transaction charges of Multi City Cheques for SME POWERGAIN
accounts?
(a) Rs 25/- per cheque up to Rs 5 lacs and Rs 50/- for amt. above Rs 5 lacs
(b) Rs 10/- per cheque up to Rs 5 lacs and Rs 25/- for amounts above Rs 5 lacs
(c) Rs 50/- per cheque up to Rs 5 lacs and Rs 100/- for amounts above Rs 5 lacs
(d) No charges
127
What are the transaction charges of Multi City Cheques for SME POWERGAIN
accounts?
a)
b)
c)
d)
8.
Rs 25/- per cheque up to Rs 5 lacs and Rs 50/- for amt. above Rs 5 lacs
Rs 10/- per cheque up to Rs 5 lacs and Rs 25/- for amounts above Rs 5 lacs
Rs 50/- per cheque up to Rs 5 lacs and Rs 100/- for amounts above Rs 5 lacs
No charges
What is the penalty for closure of accounts within 12 months in respect of SME
POWERGAIN
(a) Rs 2500/(c) Rs 5000/-
9.
What is the penalty for closure of accounts within 12 months in respect of SME
POWERPACK
(a) Rs 2500/(c) Rs 5000/-
10.
Cheque return protection facility is available for amount upto-------for max period
of 10days at a time under SME POWERGAIN.
a)Rs50000/-
11.
c)Rs25000/-
d)Rs40000/-
b)Rs 1,00,000/-
c)Rs25,000/-
d)Rs40,000/-
13.
b)Rs 10000/-
Cheque return protection facility is available for amount upto-------for max period
of 10 days at a time under SME POWERPACK.
a)Rs50,000/-
12.
b) Rs25000/-
c)Rs50000/-
d)Rs45000/-
.Under SME POWER PACK maximum daily withdrawal limit through ATM is
a) Rs40000/-
b) Rs25000/-
c)Rs50000/-
d)Rs45000/-
14.
128
15.
SAHAJ is a:
a) Home Loan product for Power sector employees
b) Current account for SME Entrepreneurs having small means
c) Education loan for students pursuing studies in prestigious institutes
d) Financing scheme for rural electrification projects
16.
17.
18.
b) Proprietorship Firms
d) Any of these
The cheque book facility has now been extended to SME Sahaj current accounts
with one of the following conditions.
a) Number of cheque leaves to be issued per financial year to be restricted
to 25 leaves with a charge of Rs. 5 per leaf
b) Additional requirement of further cheque leaves may be permitted with a
charge of Rs.10 per leaf.
c) Drawings per cheque to be limited to Rs. 15,000/- Each cheque leaf to
carry this inscription.
d) All of the above
19.
20.
129
10
11
12
13
14
15
16
17
18
19
20
130
ASSIGNMENT
SME POWER, & SAHAJ
1.
2.
for SME power gain is Rs. 1,00,000/for SME power advantage is Rs. 2,00,000/for SME power previlege is Rs 3,00,000/for SME power premium is Rs 5,00,000/-
4.
The no of current accounts that can be opened under SME power is ----a) 8
b) 9
c) 7
d) 10
5.
The account with minimum QAB amongst the different current accounts under
SME power is
(a) SME super
6.
Multicity cheques are not issued free for which of the following?
(a) SME power gain
(b) SME power advantage
(c) SME power super
(d) None of the above
7.
a)
b)
c)
d)
8.
9.
Cash withdrawal limit in case of domestic ATM card meant for SME power
gain,SME power super and SME power base , SME power lite is
(a) Rs 50000/(b) Rs 30000/(c) Rs 40000/(d) 35000/-
10.
Cash deposit in home branch is free upto Rs------lac in SME Power advantage,
in a month
a)25
11.
c)20
d)40000
Cash deposit in home branch is free upto Rs------lac in SME Power base, in a
month.
a)4
12.
b)30
b) 3
c)5
d)6
.Charges for cash withdrawal at home branch in case of SME power base is
a) Rs25/-
b) Rs20/-
c)Rs15/-
d)nil
13.
.Standing instructions charges are nil in case of which of the following accounts
a) SME power gain
b) SME power base
c)SME power lite
d) SME power super
14.
132
15.
SAHAJ is a:
a) Home Loan product for Power sector employees
b) Current account for SME Entrepreneurs having small means
c) Education loan for students pursuing studies in prestigious institutes
d) Financing scheme for rural electrification projects
16.
17.
18.
b) Proprietorship Firms
d) Any of these
The cheque book facility has now been extended to SME Sahaj current accounts
with one of the following conditions.
a) Number of cheque leaves to be issued per financial year to be restricted
to 25 leaves with a charge of Rs. 5 per leaf
b) Additional requirement of further cheque leaves may be permitted with a
charge of Rs.10 per leaf.
c) Drawings per cheque to be limited to Rs. 15,000/- Each cheque leaf to
carry this inscription.
d) All of the above
19.
20.
133
KEY TO ASSIGNMENT
SME POWER & SAHAJ
10
11
12
13
14
15
16
17
18
19
20
134
2.
QAB under the new SME Power can range from ------- to ---------a)Rs20000, Rs5.00lacs
b)Rs25000, Rs2.00lacs
c)Rs10000, Rs2.00lacs
d)Rs25000, Rs5.00lacs
A facility which is not available in the new power CA is
a) Free internet banking
b) unlimited free cash withdrawal at home branch
c) cheque return protection facility
d) Issue of multicity cheques free of charge
3.
RTGS facilty is not free for which of the following SME power CAs
a)Power gain b)Power lite c)power privilege d)power pack
4. Penalty for closure of account within 12 months in case of SME Power pack is
a)Rs2000/-
b)Rs5000/-
c)Rs10000/-
d)Nil
5. The charges for non maintenance of QAB varies from minimum of -------to maximum of ------depending upon the type of power CA
a)Rs3000/-, Rs7000/c)Rs3000/- , Rs10000/-
6.Which of the following is not true in respect of deposit of cash at home branch
a) Cash deposit at home branch is free upto Rs20.00lacs per month in case of
Power Advantage
b) Cash deposit at home branch is free upto Rs5.00lacs per month in case of
Power lite
c) Cash deposit at home branch is free upto Rs15.00lacs per month in case of
Power gain
d) Cash deposit at home branch is free upto Rs10.00lacs per month in case of
Power super.
7.
Issue of cheque books (other than multi city cheque ) is not free in case of
which of the following SME current accounts.
a)SME power lite
10.
POWER JYOTI is a
a) Home Loan product for Power sector employees
b) Current account for fee collection
c) Education loan for students pursuing studies in prestigious institutes
d) Financing scheme for rural electrification projects
11.
12.
13.
14.
One of the following is not true about POWER JYOTI Current account
a) Transactions other than fee collection/donation are not permitted
b) Cheque book facility is not available
c) No fee collection charges are taken from the person remitting fees
d) Cash handling charges waived
136
15.
For activation of fee collection module under the POWER JYOTI Current Account
scheme the option to be chosen in core while opening the account is.
a) Statement/mail option/fee collection
b) Term a/c options
c) Govt/PPF/Cr card details
d) core options
16.
One of the following is not true about POWER JYOTI Current account
a)
b)
c)
d)
17
18.
19.
20.
Corporate
Institutions
Trusts
Small & Medium Enterprises who manage the PF
All of the above-
Under SBI Surabhi deposit scheme, any surplus funds in the account exceeding
the threshold limit are transferred to
a) Multi Option Deposits
c) Corporate Liquid Term Deposits
21.
of deposit
137
23.
10,000/-,
15,000/-,
16,000/-,
17,000/-,
1000/2000/3000/4000/-
24.
b) 1,00,000
c) Rs.50,000
d) Rs.1,000
Under SBI Surabhi deposit scheme, funds can be deposit for a the period
ranging from
a) 1 to 2 years
b) 1 to 3 years
c) 2 to 5 years
d)1 to 5 years
KEY TO ASSIGNMENT
SME POWER, POWER JYOTI & SURABHI
1
a
10
b
19
e
2
c
11
d
20
c
3
b
12
a
21
c
4
b
13
a
22
a
5
c
14
c
23
c
6
b
15
a
24
b
7
a
16
d
25
c
8
b
17
c
9
d
18
c
138
2.
b)
d)
8000/12,000/-
20,000/15,000/-
b)
d)
10,000/12,000/-
10,000/15,000/-
b)
d)
12,000/18,000/-
Family Income under DIR advances has been increased from Rs. 7200/- to Rs.
____ in Urban areas
a)
c)
6.
10,000/15,000/-
Family Income under DIR advances has been increased from Rs. 6400/- to Rs.
____ in rural areas
a)
c)
5.
4%
6%
Loan limit for beneficiaries of Indira Awaas Yojana under DIR advances has been
increased from Rs. 6500/- to Rs. ____
a)
c)
4.
b)
D)
Loan limit under DIR advances has been increased from Rs. 6500/- to
Rs. ____
a)
c)
3.
10%
7%
20,000/15,000/-
b)
d)
24,000/30,000/-
7.
10
5
b)
d)
25
2
139
9.
60
90
50
80
b)
d)
60
95
2-3 years
3-5 years
b)
d)
3-4 years
3-7 years
3 months
18 months
b)
d)
12 months
6 months
Under PMEGP, the rate of subsidy of project cost in case of General category in
urban area will be _____%
a)
b)
c)
d)
14.
b)
d)
13.
50
80
12.
25
2
11.
b)
d)
10.
10
5
10%
15%
20%
25%
Under PMEGP, the rate of subsidy of project cost in case of General category in
Rural area will be _____%
a)
c)
10%
20%
b)
d)
15%
25%
140
15.
16.
17.
50,000/1,00,000/-
b)
d)
20,000/2,00,000/-
No Collateral Security will be taken for loan of Rs.____ granted to a Group under
SWARNAJAYANTI GRAM SWAROZGAR YOJANA (SGSY)
a)
c)
20.
19.
10%
35%
20%
25%
18.
25%
15%
20%
35%
10,00,000/5,00,000/-
b)
d)
3,00,000/2,00,000/-
10% of the Project Cost Max Rs. 5000/20% of the Project Cost Max Rs. 6000/30% of the Project Cost Max Rs. 7500/40% of the Project Cost Max Rs. 10,000/-
141
22.
Nodal agency for the implementation of PMEGP at the national level is:
a)
c)
23.
RBI
KVIC
b)
d)
NABARD
Ministry of Micro, Small & Medium Enterprises
Finance to SC/ST beneficiaries should not be less than ______% of total finance
under DIR Advances
a)
c)
Q.
Ans.
Q.
Ans.
Q.
Ans.
10% of the Project Cost Max Rs. 5000/20% of the Project Cost Max Rs. 6000/30% of the Project Cost Max Rs. 7500/50% of the Project Cost Max Rs. 10,000/-
25
40
1
B
11
D
21
D
b)
d)
2
C
12
B
22
C
KEY MICRO
3
4
A
D
13
14
B
D
23
C
30
50
ADVANCES
5
6
B
C
15
16
A
B
7
B
17
D
8
A
18
C
9
D
19
A
10
D
20
C
142
25, 10
10, 25
10, 10
15, 25
25, 10
10, 25
05, 02
25, 25
25, 10
10, 05
05, 02
25, 25
5. Who can be granted credit facility under SBI SME collateral- free loans
(SMECFL) scheme?
a)
b)
c)
d)
143
6. The purpose of granting credit facility under SBI SME collateral- free loans
Scheme is:
a) Equipment Finance
c) Term Loan
b)
d)
Working Capital
Working Capital & TL for building/Office,
Equipment purchase
7. Which type of credit facility will be granted under SBI SME collateral- free loans
Scheme is:
a) Cash Credit
c) Term Loan
b)
d)
L.C./B.G
All of the above
8. The Term Loan granted under SBI SME collateral- free loans Scheme is
repayable in _________years including moratorium period.
a) 7
c) 4
b)
d)
5
3
Monthly
Quarterly
Half Yearly
Yearly
10. What is the maximum quantum of advance that can be provided under SBI SME
collateral- free loans Scheme?
a) Rs. 10.00 lacs
c) Rs. 25.00 lacs
b)
d)
11. In case a unit intends to avail credit facility under SBI SME collateral- free loans
Scheme, which type of collateral security the bank will take?
a) EM/RM
c) TPG
12.
b)
d)
As per the scoring model for covered under SBI SME collateral- free loans
Scheme, a unit has to score minimum of ____% score to qualify under the
scheme
a) 50
c) 70
b)
d)
60
All bankable loans are eligible
144
Working Capital Limit under SBI SME collateral- free loans Scheme of a
manufacturing enterprises will be assessed at ____% of their projected annual
turnover & that of service enterprises will be assessed at ____% of their
projected turnover
a) 15, 15
c) 20, 15
14.
Traditional Method
PBS Method
b)
d)
Quarterly
Yearly
b)
d)
Loan Processing and Service Charges under SBI SME collateral- free loans
Scheme is _________% of normal charges
a) 25
c) 60
19
b)
d)
For Loans between Rs.25 lacs to Rs. 1.00 Crore under SBI SME collateral- free
loans Scheme unit s rating should be
a) SB-8 & above
c) SB-10 & above
18.
50
100
The periodicity of stock statement in case of loan above Rs. 25.00 lacs under
SBI SME collateral- free loans Scheme is
a) Monthly
c) Half-yearly
17
b)
d)
16.
25, 15
20, 20
Term Loan under SBI SME collateral- free loans Scheme to will be assessed at
_____% of project cost
a) 25
c) 75
15.
b)
d)
b)
d)
50
75
Bank has decided to make all loans to Micro and Small Enterprises (MSEs) up to
Rs. _________ lacs compulsorily collateral free, subject to these being found
eligible for cover under the guarantee scheme of CGTMSE, except in cases
where the borrower opts out of the scheme and provides adequate and
acceptable collaterals.
a) 10
c) 25
b)
d)
15
50
145
20.
Under SBI SME collateral- free loans Scheme, the chief promoter /chief
executive should be __________ years of age
a) 21-65
c) 21-70
b)
d)
18-65
No specific age limit restrictions
KEY TO ASSIGNMENT
DEFINITION OF SME & SBI SME COLLATERAL- FREE LOANS (SMECFL)
1
c
11
d
2
a
12
d
3
c
13
c
4
b
14
c
5
d
15
c
6
d
16
a
7
d
17
c
8
a
18
b
9
b
19
c
10
b
20
d
146
ASSIGNMENT
SME CREDIT CARD & SMART SCORE
1. Who can be granted credit facility under SME Credit Card Scheme?
a) Small industrial units
c) Prof. & self-employed
b)
d)
2 What is the maximum quantum of advance that can be provided under SME
Credit Card Scheme?
a) Rs. 5.00 lacs
c) Rs. 15.00 lacs
b)
d)
3 Which type of credit facility can be provided under SME Credit Card Scheme?
a) Demand loan
c) Term Loan
b)
d)
Cash Credit
Both (b) and (c) above
4 Term Loan portion under SME Credit Card Scheme will be repaid in a maximum
of ____years in suitable instalments
a) 3
b)
5
c) 7
d)
9
5 In case a SSI unit intends to avail credit facility under SME Credit Card Scheme,
which type of collateral security the bank will take?
a) EM
c) TPG
b)
d)
RM
To be covered under CGTMSE
6 The limit sanctioned under SME Credit Card Scheme is valid for ____years
a) 1
c) 3
b)
d)
2
5
7 As per the scoring model for SME Credit Card Scheme, a unit has to score
minimum of ____% score to qualify under the scheme
a) 50
c) 70
b)
d)
60
80
147
b)
d)
Moveable/Immovable property
Any of the above
9 Limit under SME Credit Card Scheme of a small business unit/retail trader will be
assessed at ____% of their annual turnover or ____% of turnover of the last 12
months in their accounts, whichever is higher
a) 10, 10
c) 20, 20
b)
d)
15, 15
25, 25
10 Limit under SME Credit Card Scheme to Professional and Self employed
persons will be assessed at _____% of gross annual income as declared in their
income tax return
a) 25
c) 75
b)
d)
50
100
11 Limit under SME Credit Card Scheme to a SSI unit will be assessed as per
a) Operating Cycle Method
c) Nayak Committee
b)
d)
Traditional Method
PBS Method
b)
d)
Quarterly
Yearly (28TH Feb)
13 Under which segments, units can be covered for financing under Smart Score?
a) P
c) SME
b)
d)
Agr
None of above
14 Which category can be covered for financing under SME Smart Score?
a) Sole Proprietor
c) Closely held Public/Pvt. Ltd. Cos.
b)
d)
Partnership
All of above
15 The Chief promoter/Chief executive of the unit, who intends to avail credit facility
under SME Smart Score should be ____-____years of age
a) 18-60
c) 21-65
b)
d)
21-62
18-65
148
16 For becoming eligible to avail credit facility under SME Smart Score the minimum
overall score of the unit is ______%
a) 50
c) 70
b)
d)
60
80
17 The unit should score a minimum score of ___% under each sub head of
Business, Personal and Collateral for becoming eligible to avail credit facility
under SME Smart Score
a) 50
c) 70
b)
d)
60
80
18 In case of Working Capital needs, a SSI Unit can be granted __% of annual
turnover subject to a maximum of not exceeding Rs.__lacs under SME Smart
Score
a) 10, 15
c) 20, 50
b)
d)
15, 20
25, 30
19 In case of Term Loan, a SSI unit can be granted ___% of project cost subject to
a maximum of not exceeding Rs._________lacs under SME Smart Score
a) 47, 15
c) 67, 50
b)
d)
57, 20
75, 50
20 Moratorium on Term Loan under SME Smart Score can be provided for a period
not exceeding ____months
a) 3
c) 9
b)
d)
6
12
21 Term Loan under SME Smart Score will be repaid in maximum of ____years
excluding moratorium period
a) 5
c) 8
b)
d)
7
9
149
22 M/s. Parbod Kumar Subodh Kumar, a SSI unit has applied for Rs. 45 lac working
capital loan. Which of the following CRA model under SME Smart Score will be
applicable
a) CRA Old Model
c) Risk Matrix Model
b)
d)
23 In case of Working Capital needs, a unit other than SSI can be granted ___% of
annual turnover subject to a maximum of not exceeding Rs. ____lacs under SME
Smart Score
a) 10, 15
c) 15, 25
b)
d)
15, 20
20, 25
24 In case of Term Loan, a unit other than SSI can be granted ___% of project cost
subject to a maximum of not exceeding Rs. ____lacs under SME Smart Score
a) 47, 15
c) 67, 25
b)
d)
57, 20
75, 25
25 Working Capital Limit under SME Smart Score Scheme is sanctioned for
a period of _____ years subject to annual review.
a) 1
c) 2
b)
d)
3
5
KEY TO ASSIGNMENT
SME CREDIT CARD & SMART SCORE
1
d
10
d
19
c
2
b
11
c
20
b
3
d
12
d
21
a
4
b
13
c
22
d
5
d
14
d
23
c
6
c
15
d
24
c
7
b
16
b
25
c
8
d
17
a
9
c
18
c
150
b)
d)
Repairs to Machinery
All of above
2 Maximum loan under SME Credit Plus can be granted to the tune of ____% of
aggregate working capital limit or Rs. ___lacs, whichever is lower
a)
c)
20, 25
25, 25
b)
d)
20, 30
25, 30
3 Which type of credit facilities will be granted under SME Credit Plus
a)
c)
b)
d)
Cash Credit
All of above
10
20
b)
d)
15
30
5. What will be the primary security in case of credit facilities under SME Credit Plus
a)
c)
Hyp. Of stocks
Both of (a) and/or (b)
b)
d)
6. Each withdrawal for the additional limits provided under SME Credit Plus, should
be repaid within _____months
a)
c)
1
3
b)
d)
2
4
7. Under Artisan Credit Card Scheme, which type of borrowers will be preferred?
a)
b)
c)
d)
Artisans
SSI units
Artisans regd. with development Commissioner (handicrafts)
None of above
151
b)
d)
Term Loan
All of above
9. What is the maximum amount of finance available under Artisan Credit Card
Scheme?
a) Rs. 1.00 lac
c) Rs. 2.00 lacs
b)
d)
10. _________% margin will be obtained for loan sanctioned over Rs. 25000/- and
up to Rs. 2 lacs under Artisan Credit Card Scheme?
a) 10
c) Nil
b)
d)
20
25
11. Which collateral security shall be taken by the bank while financing under Artisan
Credit Card Scheme?
a) EM of immovable
c) cover under CGTMSE
b)
d)
TPG
No security
12. The portion of limit used for purchase of tools etc. may be made repayable in
______years under Artisan Credit Card Scheme
a) 3
c) 7
b)
d)
5
9
13. What is target group of borrowers to be covered under Swarojgar Credit Card
Scheme?
a) Self employed persons
c) SHGs
b)
d)
Service sector
All of above
14. Normally credit facilities to the tune of Rs. 25,000 per borrower can be
sanctioned under Swarojgar Credit Card Scheme. This amount can be raised to
Rs. ________ in deserving cases
a) 30000
c) 50000
b)
d)
40000
60000
15. Which type of facility will be sanctioned under Swarojgar Credit Card Scheme?
a) Term Loan
c) Composite Term Loan
b)
d)
Cash Credit
Demand Loan
152
16. Which method will be applied while assessing the limit under Swarojgar Credit
Card Scheme?
a) Nayak Committee
c) Traditional Method
b)
d)
17. _________% margin will be obtained for loan sanctioned under Swarojgar Credit
Card Scheme?
a) 10
c) Nil
b)
d)
20
25
18. Term Loan component under Swarojgar Credit Card Scheme will be repaid in
______years
a) 3
c) 7
b)
d)
5
9
19. The borrowers under Artisan Credit Card & Swarojgar Credit Card Scheme will
be covered under which scheme?
a) Super Surksha
c) Group Insurance
b)
d)
Swadhan
Pension Plan
20. Which type of collateral security should be taken by the bank from the borrowers
under Swarojgar Credit Card Scheme?
a) EM
c) Specified Security
b)
d)
RM
No collateral
21. Whether SCC holder can be permitted to open a Saving bank account?
a)
c)
No.
If loan availed is Rs. 5000/- only
b)
d)
Yes
If Only TL is availed
KEY TO ASSIGNMENT
SME Credit Plus, Artisan & Swarojgar Credit Card
1
d
12
a
2
a
13
d
3
a
14
a
4
b
15
c
5
d
16
b
6
b
17
c
7
c
18
b
8
a
19
c
9
c
20
d
10
b
21
b
11
d
153
CGTMSE
1. CGTMSE stands for
a)
b)
c)
d)
2. CGTMSE shall cover Credit Facilities (FB and / or NFB) sanctioned on or after
08.12.2008 extended by Member Lending Institutions to a single eligible
borrower in the MSE Sector for Credit Facility not exceeding ______ by
Scheduled Commercial Banks and select Financial Institutions by way of Term
Loan and / or Working Capital Facilities, without any Collateral Security and / or
Third party Guarantees
a)
c)
Rs. 25 lacs
Rs. 75 lacs
b)
d)
Rs. 50 lacs
Rs. 100 lacs
3. Advances to ____ are not covered by the Credit Guarantee Cover from CGTMSE
as they are not defined as MSME as per the MSMED Act, though such loans
upto Rs. 20 lacs will form part of Priority Sector Advance
a)
c)
Retail Traders
Both a & b
b)
d)
Medium Enterprises
Transport Operators
4. As per RBI guidelines, banks are to extend Collateral free loans upto ____ to all
new units under MSE Sector (both Manufacturing & Service Enterprises as
defined in MSMED Act, 2006). However, in all eligible cases, we have to obtain
Credit Guarantee Cover from CGTMSE to protect the Banks interests
a)
c)
Rs. 2 lacs
Rs. 10 lacs
b)
d)
Rs. 5 lacs
Rs. 20 lacs
Fund based
Non Fund based
Either of two
both a & b
154
Micro Enterprises
Small Enterprises
Medium Enterprise
a&b
7. The maximum extent of guarantee cover under CGTMSE where credit facility is
upto Rs. 5.00 lacs is Rs._____lacs
a)
c)
b)
d)
8. All proposals for sanction of guarantee approvals for credit facilities above Rs. 50
lacs and upto Rs. 100 lacs will have to be rated _____and should be
of_____grade.
a)
b)
c)
d)
externally, investment
internally, satisfactory
externally, AAA
internally, investment
50
65
b)
d)
60
62.50
10. One time Guarantee Fee will be paid to CGTMSE in case of credit facility upto
Rs. 5 lacs in North East Region is _______% & in other regions is _______%
a)
b)
c)
d)
2.5, 3.00
1.5, 2.00
0.75, 1.00
1.00, 1.50
11. One time Guarantee Fee will be paid to CGTMSE in case of credit facility above
Rs. 5 lacs to Rs. 50 lacs in North East Region is _______% & in other regions is
_______%
a)
b)
c)
d)
0.75, 1.50
1.5, 2.00
0.75, 1.00
1.00, 1.50
155
2.5, 3.00
1.50, 1.50
0.75, 1.00
1.00, 1.50
13._____% as Annual Service Fee will be paid to CGTMSE in case of credit facility
upto Rs. 5 lacs.
a)
c)
2.5
0.75
b)
d)
1.50
0.50
14. _____% as Annual Service Fee will be paid to CGTMSE in case of credit facility
above Rs. 5 lacs.
a)
c)
2.5
0.75
b)
d)
1.50
0.50
15. Member Lending Institutions can lodge claim to CGTMSE, within a maximum
period of _______ year from date of NPA.
a)
c)
1
3
b)
d)
2
4
16. Member Lending Institutions can lodge claim to CGTMSE, after lock in period of
_______months either from the date of last disbursement or the date of issuance
of guarantee cover, whichever is later
a)
b)
c)
d)
6 months
12 months
18 months
24 months
17. The Tenure of Guarantee Cover where working capital facilities alone are
extended is ________years.
a)
c)
2
4
b)
d)
3
5
18. Where both term loan & working capital is covered under the guarantee, the
tenure of Guarantee Cover for working capital will be
a)
c)
3 years
4 years
b)
d)
19. When a borrower is covered under Credit Guarantee Fund Trust, collateral
security will be taken as______% of the loan amount.
a)
c)
50
Nil
b)
d)
75
33
20. Guarantee fee will be absorbed by bank for the credit facility limit upto _____
a)
c)
2 lacs
10 lacs
b)
d)
5 lacs
Fee to be recovered from all borrowers
KEY TO ASSIGNMENT
CGTMSE
1
b
11
a
2
d
12
b
3
c
13
d
4
c
14
c
5
d
15
a
6
d
16
c
7
b
17
d
8
d
18
b
9
c
19
c
10
c
20
a
157
for
finance
under
Traders
Easy
Loan
Scheme
2. Which type of facility can be granted under Traders Easy Loan Scheme?
a) Cash Credit
c) Demand Loan
b)
d)
Term Loan
All of above
3. Under Traders Easy Loan, a borrower can be granted loan for a minimum
amount of Rs. ____lacs and maximum amount of Rs. _____lacs
a) 0.25, 500
c) 0.75, 500
b)
d)
0.50, 500
1.0, 500
4. Under Traders Easy Loan, a Rice Miller can be granted minimum loan for a Rs.
____lacs
a) 5
c) 20
b)
d)
10
25
5. Under Traders Easy Loan Scheme, units can be financed upto ____% of the
business needs or _________% of realizable value of property, within the over
limit of Rs 500 lacs to meet capital expenditure and when sanctioned as TL/DL.
a) 90, 65,
c) 75, 75
b)
d)
75, 65
75, 60
6. Under Traders Easy Loan Scheme, units can be financed upto ____% of the
Projected Turnover of the borrower or _________% of realizable value of
property, within the over limit of Rs 500 lacs, when sanctioned as Cash Credit.
a) 50, 65,
c) 25, 75
b)
d)
20, 60
20, 65
158
b)
d)
25-30
15-25
8. Under Traders Easy Loan Scheme, Working Capital limit may be availed partly
as CC and partly as Demand Loan but the total limit will be arrived at on the
basis of ___________
a) actual requirement
c) Working Cycle Method
b) Traditional Method
d) Nayak Committee recommendations
b)
d)
84
48
b)
d)
84
36
11. The borrowers who have already been sanctioned certain limits against
mortgage of property under Mortgage Loan can be extended Traders Easy Loan
against the residual value of the same property
a. Without any rider
b. Provided the account is conducted satisfactorily for over 3 years
c. Loan already availed and the proposed loan is within 65% of the realizable
value of property
d. Both (b) & (c)
12. In case of Traders Easy loan, the collateral security in the form of Equitable
Mortgage of Land & Building for a minimum of ____% of loan amount will be
taken and that should not be open plot within our outside the municipal area
a) 133
b)
143
c) 153
d)
163
13. Valuation of the property taken as collateral security for Traders Easy Loan
should be obtained once in ___years
a) 2
c) 4
b)
d)
3
5
159
14. Encumbrance Certificate pertaining to the property taken as collateral security for
Mortgage Loan to Traders should be taken once in ___months
a) 12
c) 36
b)
d)
24
48
15. At the time of sanction of Traders Easy Loan, stock statement will be obtained.
Additionally, it has to be obtained at ______intervals other than Demand Loan or
Term Loan
a) Monthly
c) Half-yearly
b)
d)
Quarterly
Yearly (28th Feb)
16. After disbursal of Traders Easy Loan, inspection will be carried out at
________intervals
a) Yearly,
c) Quarterly,
b)
d)
Half-yearly,
Monthly,
17. Credit summations in the account should be atleast ________% of the CC limit in
the account under Traders Easy Loan Scheme.
a) 100
c) 50
b)
d)
200
75
18. Working Capital credit facilities sanctioned under TEL scheme would be valid for
a period of ______ years
a) 1
c) 3
b)
d)
2
5
19. At the time of renewal / annual review of the account, if the limits are assessed
to be less than the existing limits, and the borrower is not in a position to repay
the excess amount in 90 days, the excess amount would be carved out as a
demand loan and may be allowed to be repaid within a maximum of 24 monthly
installments
a) 30, 12
c) 90, 24
b)
d)
60, 18
90, 36
20 The account will be subject to _________l review. The review will be based
mainly on conduct of account. The ______ would be the reviewing authority.
a) Half yearly, RMME/ F.O.
c) Yearly, RMME/ F.O
b)
d)
KEY TO ASSIGNMENT
TRADERS EASY LOAN
1
d
11
d
2
d
12
c
3
a
13
b
4
a
14
a
5
b
15
b
6
d
16
c
7
c
17
b
8
d
18
b
9
c
19
c
10
d
20
d
161
ASSIGNMENT
Doctor Plus
1
In the scoring model meant for Doctor Plus Scheme for a loan limit upto Rs. 25
lacs, a borrower should get minimum score of ________.
a) 40
c) 60
50
70
Who are eligible to avail credit facility under Doctor Plus Scheme?
a) Individuals
c) Corporates/Trusts
b)
d)
b)
d)
Partnership Firms
All of above
Credit facility under Doctor Plus Scheme can be granted for _____
a) Buying Equipment
b) Setting up of clinic/nursing home/poly-clinic/path. Lab/X-ray lab/drug
store/purchase of vehicle/computer etc.
c) Expansion/Renovation of clinic and dispensary etc.
d) Any of above
Which type of credit facility can be granted under Doctor Plus Scheme?
a) Cash Credit
c) Both (a) & (b)
MTL
Demand Loan
b)
d)
b)
d)
500
1000
b)
d)
500
1000
162
b)
d)
b)
d)
b)
d)
14
b)
d)
The maximum repayment period under Doctor Plus Scheme for setting up clinic,
nursing home, pathology lab is ___________
a) 5 years including moratorium
c) 7 years including moratorium
13
20 & 10
20 & 5
The maximum repayment period under Doctor Plus Scheme for buying
equipments and expansion/renovation in existing premises is ___________
a) 5 years including moratorium
c) 7 years including moratorium
12
10, 10
5 ,10
Borrower can be sanctioned maximum loan of Rs. ___lacs for Non Allopathic
clinics under Doctor Plus Scheme of which a sub ceiling of working capital limit is
at ______% of total loan amount.
a) 10 & 10
c) 50 & 10
11
500
1000
Under Doctor Plus Scheme for Allopatic doctor , a sub ceiling of working capital
limit is at ______% of total loan amount for upto Rs. 1.00 crore and ____% for
above Rs. 1.00 crore
a) 15, 10
c) 10, 5
10
b)
d)
b)
d)
6
24
Dr. Shashi Puri, M.D. has approached our bank for credit facility to set up a clinic
to the tune of Rs. 15 lacs under Doctor Plus Scheme to set up a clinic. The loan
will be collaterally secured by__________
a) Moveable Assets
c) Third Party Guarantee
b)
d)
Immovable Property
Covered under CGTMSE
163
16
10
20
5
15
b)
d)
10
20
25
15
b)
d)
10
20
20.
b)
d)
19.
5
15
Margin required under Doctor Plus above Rs. 10 lacs & upto Rs. 5 crores is
___%
a)
c)
18.
Quarterly
Yearly
17
b)
d)
1.50:1
1.70:1
b)
d)
1.60:1
1.75:1
For loan of Rs. 25,000/- & above minimum rating required under Doctor Plus is
a)
c)
SB5
SB7
b)
d)
SB6
SB8
KEY TO ASSIGNMENT
Doctor Plus
1
d
11
a
2
a
12
c
3
d
13
c
4
d
14
d
5
c
15
c
6
d
16
c
7
b
17
d
8
b
18
a
9
c
19
a
10
a
20
d
164
8
25
New
Both (a) & (b)
b)
d)
Old
None of above
b)
d)
6
10
5
15 well maintained
b)
d)
10 well maintained
No limit
Cash Credit
Demand Loan
b)
d)
Term Loan
Both (a) & (b)
5 The borrower desirous of availing the credit facility under Transport Plus
Scheme should have _______
a)
10.0, 10.0
No limit
3
7
b)
d)
5
8
2
3
b)
d)
4
5
1.00
1.33
b)
d)
1.25
1.50
While analyzing the balance sheet of a unit for loan under Transport Plus
Scheme, the TOL/TNW ratio should not exceed ____
a)
c)
13
b)
d)
12
10, 7.5
15, 15.0
The repayment of Term Loan under Transport Plus Scheme will start
after____ months of the first disbursement and PDC to be obtained for
entire repayment period
a)
c)
11
10.0, 10.0
No limit
Term Loan sanctioned under Transport Plus Scheme will be repaid (in
EMIs) in maximum of ______years
a)
c)
10
b)
d)
10, 7.5
15, 15.0
2.00
2.50
b)
d)
2.25
2.75
1
3
b)
d)
2
4
166
15
b)
c)
d)
b)
d)
75
25
100
50
b)
d)
75
waived
1
3
b)
d)
4
5
20
100
50
Receivable level under Transport Plus Scheme should not be more than
____months
a)
c)
19
18
10, 5
20, 10
17
b)
d)
16
5, Nil
15, 10
Twice
Thrice
b)
d)
Once
Quarterly
three
six
b)
d)
four
no such instructions
167
KEY TO ASSIGNMENT
Transport Plus
1
C
11
C
2
a
12
d
3
b
13
b
4
d
14
d
5
e
15
d
6
d
16
d
7
b
17
d
8
a
18
b
9
b
19
b
10
c
20
a
168
ASSIGNMENT
Open Term Loan
1
b)
d)
250
450
Under Open Term Loan Scheme, maximum loan to the tune of Rs. _____lac
can be sanctioned for business development expenditure incurred for creation
of intangible assets
a) 50
c) 150
Manufacturing Unit
Both (a) & (b)
Under Open Term Loan Scheme, maximum loan to the tune of Rs. _____lac
can be sanctioned
a) 150
c) 350
b)
d)
b)
d)
100
200
Open Term Loan Scheme for service sector is not applicable to________
a)
b)
c)
d)
Under Open Term Loan Scheme for Service Sector, loan cannot be granted
for
a) Expansion, Modernization, Acquisition of hardware/software
b) Substitution of high cost debts/high cost term debts of other banks/FIs
c) Acquisition of ISO & other similar certifications
d) Visits abroad for finalizing business deals, participating in promotion
exercises etc.
e) Manufacturing of Hand tools
If the limits are not utilized or only partially utilized within twelve months of
sanction, it will be _______
a) renewed
b) reviewed
c) lapsed
d) extended for further 12 months
169
demand by borrower
Within the currency of sanction
Subject to certain basic financial information
All of the above
10
10
15
20
25
11
12
b) All branches
d) Both (a) & (c)
13
a)
b)
c)
d)
b)
d)
4&5
5&7
14
Under SME Open Term Loan customer has the option of ______disbursements
for multiple purposes within 12 months from the date of sanction.
a) 5
c) 12
15
b)
d)
7
multiple
KEY TO ASSIGNMENT
Open Term Loan
1
d
9
a
2
b
10
d
3
b
11
d
4
d
12
a
5
e
13
b
6
c
14
d
7
d
15
b
8
d
171
ASSIGNMENT
Rent Plus
1
b)
d)
Corporate
All of above
Not to be rented
Already rented to MNC/Banks/Large & Medium size Corporates
Yet to be rented to MNC/Banks/Large & Medium size Corporates
Both (b) & (c)
Apart from the specified lessees in the Rent Plus Scheme, powers for
considering the proposal pertaining to other type of lessees are vested with
__
a) AGM (RACPC)
c) GM Network
AGM Region
GM Network
Rent Plus Scheme is targeted as per the eligibility criteria for those properties
which are
a)
b)
c)
d)
b)
d)
Who are eligible to avail credit facility under Rent Plus Scheme?
a) Individuals
c) Partnership Firm
Urban
a, b & c
b)
d)
b)
d)
AGM (SMECC)
DGM
b)
d)
DGM Module
No need
172
b)
d)
b)
d)
70
75
b)
d)
13.
75, 75
95, 95
While computing quantum of finance, which item is deducted from the rent
receivable?
a) advance deposit
c) Estimated property tax, Statutory dues
12.
5.00
7.00
11
b)
d)
10
Rs. 1,00,000
Rs. 5,00,000
Maximum amount to the tune of Rs. ____crore can be financed under Rent
Plus Scheme.
a) 2.00
c) 10.00
b)
d)
b)
d)
Term Loan
CTL
The loan under Rent Plus Scheme will be repaid in equated instalments at the
same frequency at which rent is received in a maximum period of ____years
or the residual lease period, whichever is less
a) 3
c) 7
b)
d)
5
9
173
14.
15
b)
d)
Quarterly
Yearly
The collateral security in case of Rent Plus Scheme will be first charge on
property rented out or any other acceptable property of a value not less than
____% of the loan amount
a) 100
c) 120
19
6
12
18
b)
d)
The periodicity of inspection by Field Officer for the loans sanctioned under
Rent Plus Scheme is at ______intervals
a) Monthly
c) Half-yearly
17
2
1
A loan sanctioned under Rent Plus Scheme will be recalled if the account
remains irregular for _____consecutive months
a) 3
c) 9
16
b)
d)
b)
d)
110
130
174
Where our Bank is the tenant & loan amount does not exceed Rs.
_______lacs, Sanctioning Authority may waive the stipulation of equitable
mortgage subject to condition that the lease deed should not expire during the
currency of the loan.
a) 10
b) 30
21
b)
d)
22
b)
d)
Guarantee
no need of any other
security
In case of public limited companies, if the directors are not willing to extend
personal guarantee and the collateral in the form of equitable mortgage is
_____% of the loan amount, the sanctioning authority may waive personal
guarantee.
a) 100
c) 200
23
20
25
b)
d)
50
120
1
d
11
d
21
c
2
d
12
b
22
d
3
d
13
c
23
d
4
d
14
d
5
c
15
a
6
a
16
c
7
a
17
d
8
c
18
c
9
c
19
d
10
b
20
d
175
ASSIGNMENT
School Plus & Loan to Pvt. Builders
1
Under School Plus Scheme, which of followings are eligible to avail credit
facility
a) Govt. Aided Schools and Private Schools/colleges
b) Schools run by trusts of good standing
c) Technical institutes recognized by AICTE/NBA/MCI
d) All of the above
The purpose for which, loan can be granted under School Plus Scheme is ____
a) Purchase of land for building/play ground, Construction/repair/renovation
of school building
b) Purchase of computer/equipments/books etc.
c) Purchase of furniture/fixtures
d) All of above
For which of the following purposes, loan cannot be granted under School-Plus
Scheme
a)
b)
c)
d)
Which type of credit facility can be granted under School Plus Scheme?
a) Cash Credit
c) Both (a) & (b)
Term Loan
Overdraft
Under School Plus Scheme, maximum loan to the tune of Rs. _____lac can be
granted
a) 10
c) 25
b)
d)
b)
d)
20
No Cap
b)
d)
1.50
2.00
176
Loan under School Plus Scheme should normally be repaid in ___to ____EMIs
depending upon the quantum of the loan
a) 36, 60
c) 36, 96
15
25
b)
d)
30
75
b)
d)
18, 24
30, 36
Which type of credit facility can be granted to private builders for completion of
their project
a) Cash Credit
c) Term Loan
13
b)
d)
12
Collateral security of land and building and other immovable assets of the
school or guarantor for ___% of the loan amount for loans of Rs. 2 lacs to Rs.
10 lacs and EM of other immovable assets for loans above Rs. 10 lacs will be
taken under School Plus Scheme
a) 50
c) 20
11
b)
d)
10
36, 84
36, 120
b)
d)
b)
d)
Overdraft
CTL
What is the
a) 50% of project cost or 5 times of his net worth or Rs. 5 crore, whichever is
less
b) 60% of project cost or 6 times of his net worth or Rs. 5 crore, whichever is
less
177
15
b)
d)
24
60
Minimum margin required for loan to private builder is ____% of the project cost
a) 10
c) 25
b)
d)
15
50
KEY TO ASSIGNMENT
School Plus & Loan to Pvt. Builders
1
d
11
b
2
d
12
a
3
d
13
a
4
b
14
c
5
d
15
d
6
d
7
b
8
a
9
b
10
c
178
ASSIGNMENT
Construction Equipment Loan-JCB India
1. Construction Equipment Loan Scheme has been launched for purchase
a)
b)
c)
d)
e)
Machinery
Stock of Raw Material
purchase of construction Equipment manufactured by JCB
Receivable
f)
of:
Loader
Excavators
Cranes
All of above
Individual
Firms
Companies
All of above
SB 6
SB 9
b)
d)
SB 8
no such stipulation
50
10
b)
d)
25
no such stipulation
6. Which type of credit facility can be provided under Construction Equipment Loan
Scheme?
a) Demand loan
c) Term Loan
b)
d)
Cash Credit
Working Capital Demand Loan
179
b)
d)
b)
d)
b)
d)
6
9
11. Term Loan granted under Construction Equipment Loan Scheme is to be repaid
in ____
a) Quarterly instalments + Intt
c) EMI
b)
d)
lumpsum
Monthly instalment + intt.
12. Term Loan upto _________lacs granted under Construction Equipment Loan
Scheme is to mandatorily covered undet CGTMSE
a)
b)
c)
d)
20
25
30
50
13. Term Loan granted under Construction Equipment Loan Scheme is to be fully
repaid within ____years including moratorium period
a) 3
c) 4
b)
d)
9
5
180
under Construction
4.25% above Base Rate for borrower with Credit Rating of SB1 to SB5
4.75% above Base Rate for borrower with Credit Rating of SB6 to SB9
4.75% above Base Rate for borrower which are not subject to rating
either a or b or c whichever is applicable
16. ___% penalty will be charged for the amount and period in default under
Construction Equipment Loan Scheme is:
a) 3
c) 2
b)
d)
1
no penalty
17. Which type of Primary Security will be taken by the bank in case of Construction
Equipment Loan Scheme?
a)
b)
c)
d)
18. Which type of Collateral Security will be taken by the bank in case of
Construction Equipment Loan Scheme?
a)
b)
c)
d)
19. Inspection will be done at______interals for ensuring end use of fund of
Construction Equipment Loan
a) monthly
c) quarterly
b)
d)
half yearly
yearly
181
b)
d)
Theft
not required
KEY TO ASSIGNMENT
CONSTRUCTION EQUIPMENT LOAN
1
c
11
c
2
d
12
b
3
d
13
c
4
c
14
d
5
b
15
d
6
c
16
c
7
c
17
d
8
d
18
c
9
d
19
b
10
a
20
c
182
Shops/Offices/Show-rooms
C.A/Consultants
b) Training/Service/Garage Centre
d) All of above
2 Who are eligible to avail credit facility under SBI Shoppe Scheme?
a) Individuals/Partnership
c) Franchisees
b)
d)
Trusts
All of above
3 Which type of credit facility will be granted under SBI Shoppe Scheme?
a) Demand Loan
c) Term Loan
b)
d)
Cash Credit
All of above
5 What is the maximum quantum of finance that can be sanctioned under SBI
Shoppe?
a) Rs. 5.00 lacs
c) Rs. 15.00 lacs
b)
d)
6 What is the moratorium period provided in case of Term Loan facility under SBI
Shoppe?
a) 6 months
c) 12 months
b)
d)
9 months
18 months
b)
d)
3 to 7
7 to 9
8 In case of loan sanctioned under SBI Shoppe, minimum DSCR should be ____
a) 1.00
c) 1.50
b)
d)
1.25
1.75
183
b)
d)
No objection Certificate
Both (b) and (c)
b)
d)
11 Target group for SBI Shoppe Plus Scheme is present and prospective owners of
a. Shops/offices/show rooms b)
c) Offices for CA/Consultants d)
Training Centres/Garages
All of above
12 Which type of credit facilities will be granted under SBI Shoppe Plus Scheme?
a) 2 Cash Credit
c) 1 C/C and 1 T/L
b)
d)
2 Term Loans
2 Demand Loans
b)
d)
Receivables
None of above
15 Which type of credit facility can be granted under Arthia Plus Scheme?
a) Cash Credit (Hyp. of Book Debts)
c) Demand Loan
b)
d)
Term Loan
CTL
16 What is the maximum amount that can be financed under Arthia Plus Scheme?
a) Rs. 10.00 lacs
c) Rs. 20.00 lacs
b)
d)
b)
d)
20
10
184
18 Collateral Security for loan amount upto Rs. 25 lacs under Arthias Plus Scheme
will be equitable mortgage of Residential/Commercial property with worth
_____times of the loan amount
a) 1
c) 3
b)
d)
2
1.5
19 Collateral Security for loan amount above Rs. 25 lacs under Arthias Plus Scheme
will be equitable mortgage of Residential/Commercial property with worth
_____times of the loan amount
a) 1
c) 3
b)
d)
2
1.5
20 Assessment under Arthias Plus for loan amount above Rs. 25 lacs & upto Rs. 50
lacs will be as per_________
a) Traditional method
c) CRA Model
b)
d)
Scoring Sheet
Need based
21 The repayment of credit facility sanctioned under Arthias Plus Scheme, will be
within ______months
a) 3
c) 9
b)
d)
6
12
KEY TO ASSIGNMENT
SBI Shoppe, SBI Shoppe Plus & Arthia Plus
1
d
11
d
2
d
12
b
3
c
13
d
4
d
14
b
5
d
15
a
6
a
16
d
7
b
17
c
8
d
18
d
9
d
19
b
10
a
20
c
21
b
185
Unit/Promoters/Partners/Senior Executive
Family Members (Spouse & Children) of Promoters/Partners
Unit
SME CA holder of Bank, other SME Clients subject to advising the
sanction to the Bank in which they are having a loan account.
e) Any of (a) ,(b) (c) & (d) individually or jointly with unit
2 For availing car loan under Car Loan to SME Units, an individual/joint applicant
should have a minimum NAI of Rs. ______
a) 75,000
c) 1,25,000
b)
d)
1,00,000
1,50,000
3. If the car loan to SME unit is availed in the name of the Unit_______will
guarantee the repayment of loan
a)
b)
c)
d)
Company
Promoter(s)
Partner(s)
All of the above as applicable
4. Whenever Senior Executive joins as _________ his NAI shall be clubbed with
the ______of joint applicant )Promoter/Partner
a)
b)
c)
d)
5. Senior Executive under Car Loan to SME Units is defined as employee in ____
a)
b)
c)
d)
Top Management
Directors
Employee holding the position of responsibility
Any of the above
186
b)
d)
2.5
4.5
7. Margin under Car Loan to SME Units is __________% of the on road price of
the vehicle
a)
b)
c)
d)
10
20
5
15
8. Under Car Loan to SME Units, a maximum loan of Rs. ____ lacs can be
sanctioned for purchase of new vehicle
a) 10
c) 20
b)
d)
15
No upper limit
9. For sanctioning a car loan under Car Loan to SME Units, EMI/NMI percentage
should not exceed ______% and authority vest with the rank of AGM to relax it
upto______%
a)
b)
c)
d)
10.
& 50
& 50
& 65
& 60
Processing fee charged under Car Loan to SME units is _____% subject to
minimum Rs._________ & maximum Rs.____________
a)
b)
c)
d)
11.
60
40
50
50
0.55, 1000/- & 50,000/0.50, 500/- & 10,000/0.55, 1000/- & 10,000/Nil
monthly
quarterly
half yearly
waived
187
For purchase of a new car under Car Loan to SME Units, loan sanctioned will
be repaid in _____years
a) 5
c) 8
13.
2
5
b)
d)
2
5
b)
d)
15
25
18.
b)
d)
Under Car Loan to SME Units, a maximum loan of Rs. ____ lac can be
sanctioned for purchase of used vehicles
a) 10
c) 20
17.
2
5
Pre payment penalty will be charged @ ___% of the loan prepaid in case of
Car Loan to SME Units.
a) 1
c) 3
16.
b)
d)
15.
7
10
As an evidence of income, copy of income tax return for the last ____financial
year(s) should be taken before sanctioning a loan under Car Loan to SME
Units.
a) 1
c) 3
14.
b)
d)
110
100
120
10
Loan on fixed rate of interest under Car Loan to SME Units, will be sanctioned
for amount exceeding Rs _____lacs.
a) 5
c) 15
b)
d)
10
Not to be sanctioned
188
19.
20.
5 years
2 years
7 years
1 year
KEY TO ASSIGNMENT
SME Car Loan
1
e
11
d
2
b
12
b
3
d
13
b
4
c
14
a
5
d
15
b
6
b
16
b
7
d
17
d
8
d
18
d
9
d
19
b
10
b
20
d
189
ASSIGNMENT
Rice Mill Plus & Dall Mill Plus
1
Existing Profit making rice shellers with CRA rating of _____and above can be
covered under Rice Mills Plus Scheme
a)
c)
Modernisation of building
All of above
b)
d)
b)
d)
6
12
b)
d)
9
18
Term Loan sanctioned under Rice Mills Plus Scheme will be repaid in ____years
excluding the moratorium period
a)
c)
b)
d)
Machinery
Working capital needs
How much advance can be granted under Rice Mills Plus Scheme?
a)
c)
SB 6
SB 9
Which type of credit facilities can be provided under Rice Mills Plus Scheme?
a)
c)
b)
d)
Credit facilities under Rice Mills Plus Scheme can be provided for _________
a)
c)
SB 4
SB 8
5-7
7-9
b)
d)
5-10
9-12
Under Rice-Mills Plus, which additional credit facilities can be provided to the
borrowers
a)
b)
c)
d)
190
Rice Mills Plus Scheme has been extended to new units established by our
existing borrowers where:
a. Management of the new units lies with our existing borrowers
b. At least 50% of the partners of new units are our existing borrowers &
known to the bank.
c. CRA rating of the unit is not below SB 7
d. All of above
9.
Under Rice Mills Plus for loans upto Rs. 5 lacs, collateral security will be
taken as Equitable mortgage of property/tangible security belonging to
borrower/guarantor valued not less that _________% of loan amount
a)
c)
10.
33%
75%
33%
75%
b)
d)
50%
60%
b)
d)
50%
60%
Units having CRA rating of _______ can be granted loan under Dal Mills Plus
Scheme
a) SB 4 and above
c) SB 8 and above
13
50%
Nil
Under Rice Mills Plus for loans over Rs. 5 lacs, and Unit having credit rating SB8 & below collateral security will be taken as Equitable mortgage of
property/tangible security belonging to borrower/guarantor valued not less that
_________% of loan amount
a)
c)
12
b)
d)
Under Rice Mills Plus for loans over Rs. 5 lacs, and Unit having credit rating SB7 & above, collateral security will be taken as Equitable mortgage of
property/tangible security belonging to borrower/guarantor valued not less that
_________% of loan amount
a)
c)
11.
33%
75%
b)
d)
SB 6 and above
SB 9 and above
Credit facility under Dal Mills Plus Scheme can be granted for the purpose of:
a) Machinery
c) Working Capital
b)
d)
Building
All of above
191
14
Which type of credit facility can be granted under Dal Mills Plus Scheme?
a) Term Loan & CC
c) SME Credit Plus
15
b)
d)
For Term Loan component under Dal Mills Plus Scheme, a moratorium of
maximum _____months can be granted
a) 6
c) 12
16
b)
d)
b)
d)
b)
d)
Regular
All of above
Under Dal Mills Plus Scheme, how much loan can be granted?
a) Rs. 1.00 crore
c) Rs. 3.00 crore
19
5 to 7
9 to 12
Which CRA model will be used for loan under Dal Mills Plus Scheme?
a) Simplified
c) Trade
18
9
18
Term Loan under Dal Mills Plus Scheme will be repaid in ______years excluding
moratorium period
a) 3 to 5
c) 7 to 9
17
L/C & BG
All of above
b)
d)
Collateral Security under Dal Mill Plus for loan upto Rs. 5 lacs is_____and
above Rs. 5 lacs_________of the loan amount
a) 10%, 50%
c) nil, 80%
b)
d)
20%, 80%
nil, 75%
KEY TO ASSIGNMENT
Rice Mill Plus & Dall Mill Plus
1
d
11
d
2
d
12
d
3
d
13
d
4
d
14
d
5
c
15
c
6
a
16
b
7
d
17
a
8
d
18
d
9
d
19
d
10
b
192
ASSIGNMENT
Standby Line of Credit (Working Capital), Corporate Loan
& Standby Line of Credit for Purchase of Vehicle
1
What is the target group for Standby Line of Credit (Working Capital)
Scheme?
a)
c)
b)
d)
SB 6
SB 8
15, 5
25, 5
b)
d)
20, 5
30, 5
Cash Credit
EPC
bills discounting against stock, receivables etc
All of the above
SB 5
SB 7
Exporting unit
All of above
b)
d)
To become eligible for SLC (WC), the unit should have a minimum CRA rating of
________
a)
c)
SSI units
C & I Units
SLC(WC) should be calculated separately for peak and non peak limits
Additional interest of 1% over the regular limit will be charged
Discretion to waive the additional cost rests with the controllers
All of above
Agr
C&I & SSI
b)
d)
SBF
Both (b) & (c)
The purposes for which Corporate Loan can be granted, are _________
a)
c)
10
Corporate
Trust/HUF
b)
d)
Non-Corporate
Both (a) & (b)
12
b)
d)
11
25
75
b)
d)
50
100
5
15
b)
d)
10
25
13
14
15
For availing credit facility under Stand By Loan to Corporate for Purchase of
Vehicles Scheme, the CRA rating of the unit should be ________and above
a) SB-5
c) SB-7
b)
d)
SB-6
SB-8
194
17
b)
d)
The borrower will be granted ____% of the fund based limit not exceeding Rs.
____lacs under Stand By Loan to Corporates for Purchase of Vehicles
a) 10, 25
c) 10, 50
18
b)
d)
b)
d)
5
9
The loan under Stand By Loan to Corporates for Purchase of Vehicles will be
granted for _____vehicles
a) New
c) Both (a) & (b)
20
10, 30
10, 100
19
b)
d)
Old
None of above
b)
d)
15
25
KEY TO ASSIGNMENT
Standby Line of Credit (Working Capital), Corporate Loan
& Standby Line of Credit for Purchase of Vehicle
1
D
11
A
2
c
12
b
3
a
13
d
4
d
14
a
5
d
15
c
6
d
16
c
7
c
17
a
8
d
18
b
9
a
19
a
10
d
20
c
195
Under Paryatan Plus, the credit facility can be sanctioned for ________
a) Construction/renovation/modernization/expansion to Hotels/Yatri Nivas
/Dharmshalas/restaurants/coffeehouses /ice-cream parlours /amusement
parks/ropeways/health clubs etc.
b) Purchase of luxury buses/coaches/cars/vans etc.
c) Purchase of house boats/luxury boats
d) All of above
Which of the following are not eligible to avail the credit facility under
Paryatan Plus Scheme?
a) Individuals/Partnership
c) Trust
T/L
All of above
b)
d)
Rs. 2 lacs
No such limit
b)
d)
5
40
____% Margin to be obtained for financing old vehicles under Paryatan Plus
a) 10
c) 20
b)
d)
____% Margin to be obtained for financing new vehicles under Paryatan Plus
a) 10
c) 20
Travel/Tour operators
All of above
b)
d)
Which type of credit facility can be granted under Paryatan Plus Scheme?
a) C/C
c) L/C & B/G
Corporates
HUF
b)
d)
b)
d)
5
40
10
13
b)
d)
5 to 7
9 to 12
b)
d)
1.75
2.25
We can provide credit facility for old vehicles less than ___years under
Paryatan Plus Scheme
a) 5
b)
6
c) 7
d)
8
Collateral security for a minimum of ___% of the loan amount in the form of
immovable property or liquid security i.e. TDRs, NSCs and KVPs etc., will be
taken for credit facilities under Paryatan Plus Scheme
a) 50
c) 100
14
12
24
While sanctioning term loan for the purchase of vehicle under Paryatan Plus
Scheme, minimum DSCR should be_____
a) 1.5
c) 2.0
12
b)
d)
Term loan sanctioned under Paryatan Plus Scheme, will be repayable within
______years including start up period not exceeding 18 months
a) 3 to 7
c) 7 to 9
11
b)
d)
75
125
Which type of units showing profits during the last 3 year and having CRA
rating of SB 4 and above can be granted working capital finance liberally
under Trade & Service Sector?
a) Retail & Wholesale traders in agricultural and industrial
Commodities
b) Dealers in consumer durables/consumer goods/vehicles
c) Big land lords
d) Both (a) & (b) above
197
15
Working capital under Trade & Services Sector can be granted ____% of
Projected Annual Turnover (PAT) subject to a maximum of Rs. ____crore
a) 10, 2
c) 20, 10
16
b)
d)
While granting working capital finance under Trade & Services sector, it
should be ensured that projected annual turnover should not be more than
____% of the last year turnover
a) 10
c) 20
17
b)
d)
b)
d)
50
No security is required
Out of prescribed Collateral Security under working capital finance for Trade
& Services sector_____% Collateral security will be taken as mortgage of
immovable property
a) 50
c) 33
19
15
25
While granting working capital finance under Trade & Services sector_____%
Collateral security will be taken.
a) 100
c) 20
18
15, 5
25, 15
b)
d)
25
No such stipulation
M/s. Oriental Handloom Co., a trading unit, desirous of working capital limit
with CRA rating of SB 8-9, has offered collateral security to the extent of 75%
of the loan, how much concession in rate of interest over and above CRA
rating, can be granted to the unit?
a) 0.25%
c) 0.75%
b)
d)
0.50
1.0%
KEY TO ASSIGNMENT
Paryatan Plus & Working Capital Finance for Trade & Services sector
1
d
11
a
2
d
12
a
3
d
13
a
4
d
14
d
5
b
15
b
6
c
16
d
7
d
17
b
8
d
18
c
9
c
19
b
10
a
198
ASSIGNMENT
Flexi Loan for Trade & Service & General Purpose Term Loan for SSI
1
Borrowers with __________ are eligible to avail credit facility under Flexi Loan
for Trade and Services Scheme?
b) CRA rating of SB 10 and above
c) Cash profits in each of the preceding 3 years
d) Net Profit in the last year
d) All of above
2 Flexi Loan for Trade and Services can be granted for the purpose of ________
a) Stocks/book debts
c) Vehicles/Machinery
3
b)
d)
Which type of credit facility will be granted under Flexi Loan for Trade and
Services Scheme?
a) Term Loan
c) Overdraft
b)
d)
Cash Credit
Demand Loan
4 What is the minimum amount that can be sanctioned under Flexi Loan for Trade
and Services Scheme?
a) Rs. 5.00 lacs
c) Rs. 25.00 lacs
b)
d)
5 Under Flexi Loan for Trade and Services Scheme, a borrower can be sanctioned
a maximum loan to the tune of Rs. _____lacs
a) 50.00
c) 25.00
b)
d)
10.00
100.00
6 For loan of above Rs 25.00 lacs under Flexi Loan for Trade and Services
Scheme, which CRA model will be used?
a) Simplified Non-Trade
c) Simplified Trade
b)
d)
Regular Trade
Regular Non-Trade
7 Minimum DSCR for loan under Flexi Loan for Trade and Services
Scheme should be:____
a) 1.25
c) 1.75
b)
d)
1.50
2.00
199
Term Loan under Flexi Loan for Trade and Services Scheme, will be repaid in __
a) 3-5 years
c) 7-9 years
b)
d)
5-7 years
9-12 years
9 The repayment period of term loan under Flexi Loan for Trade and Services
Scheme can be extended upto ____years in deserving cases
a) 3
c) 7
b)
d)
5
8
10 TOL/TNW ratio of the unit for finance under Flexi Loan for Trade and Services
Scheme should not be more than ____
a) 1
c) 3
b)
d)
2
4
11 Total Long Term Liability to equity ratio of the unit for finance under Flexi Loan
for Trade and Services Scheme should not be more than ____
a) 1: 1
c) 3: 1
b)
d)
2: 1
4: 1
12 Current Ratio of the unit for finance under Flexi Loan for Trade and Services
Scheme should not be less than ____
a) 1
c) 1.33
b)
d)
1.25
1.50
13 Which type of SSI units can be sanctioned loan under General Purpose Term
Loan for SSI Sector Scheme?
a)
c)
b)
d)
14. Which type of facility can be granted under General Purpose Term Loan for SSI
Sector Scheme?
a)
c)
Cash Credit
Demand Loan
b)
d)
Term Loan
Overdraft
15 Credit facility under General Purpose Term Loan for SSI Sector Scheme, can be
granted for ___________________
a)
c)
Shoring of NWC
Payment of High cost debt
b)
d)
R&D
All of above
200
16 Maximum loan under General Purpose Term Loan for SSI Sector is
Rs.___lacs
a)
b)
17
50
100
3
7
b)
d)
5
6
The repayment period of term loan granted under General Purpose Term Loan
for SSI Sector Scheme can be extended upto _______years in deserving cases
a)
c)
19
b)
d)
Term loan sanctioned under General Purpose Term Loan for SSI Sector
Scheme, will be repaid in ______years
a)
c)
18
10
25
3
4
b)
d)
5
7
While arriving at TNW for sanctioning loan under General Purpose Term Loan for
SSI Sector Scheme, loans from friends and relatives will be treated as _____
a)
c)
Capital
Current Liability
b)
d)
Quasi-Capital
Term Liability
KEY TO ASSIGNMENT
Flexi Loan for Trade & Service & General Purpose Term Loan for SSI
1
d
11
b
2
d
12
a
3
a
13
d
4
a
14
b
5
d
15
d
6
c
16
b
7
b
17
a
8
a
18
b
9
d
19
b
10
d
20
201
ASSIGNMENT
NPA MANAGEMENT & RECOVERY PROCESS-I
1. NPA stands for__________
a)
b)
c)
d)
Standard, Doubtful
Doubtful, Loss
Standard, Substandard
Loss, Doubtful
7. A term loan will be treated NPA, if any Interest and/or instalment of principal
remain overdue for a period of more than _________days
a) 30
b)
60
c)
90
d)
180
b)
60
c)
90
d)
180
Only (i)
b)
Only (ii)
c) either i or ii d)
none of these
two harvest seasons, but not exceeding a period of two half years.
2 crop seasons for short & one crop season for long duration from due
date
either a or b
neither a nor b
11.
12.
A Sub-Standard asset is one, which has been classified as NPA for a period not
exceeding ________months
a)
13.
24
b)
12
c)
18
d)
06
A Doubtful asset is one, which has been remained as NPA for a period
exceeding ________months
a)
24
b)
12
c)
18
d)
06
203
14.
15.
b)
c)
d)
16.
If there is a sudden reduction in the value of security in the account (above 50%)
in a sub standard account
a)
b)
c)
d)
17.
18.
02.5% - 3.0%
0.25% - 2.0%
01.0% - 2.0%
zero %
19.
b) 0.25%
c) 10%
d) zero %
2.5%, 12.5%
50%, 60%
10%, 20%
100%
204
20.
21.
100%
b)
50%
c)
75%
125%
d)
If one account of the borrower becomes NPA, what will be IRAC status of other
accounts?
a)
b)
c)
d)
24.
20, 100, 50
20, 30, 100
20, 30, 40
20, 40, 50
23.
d) 30 %
c) 100%
22.
b) 50%
Only the account which has become NPA will be classified NPA
NPA classification will be facility wise.
All accounts of the borrower will be classified as NPA
None of the above
Q.
Ans.
Q.
Ans.
Q.
Ans.
1
c
11
b
21
b
2
d
12
b
22
a
3
c
13
b
23
c
4
c
14
a
24
d
5
c
15
c
6
a
16
c
7
c
17
b
8
c
18
c
9
c
19
c
10
c
20
c
205
2.
b) 7
d) 9
b) Long enquiry
c) Common processing
d) a & c
5.
c) 8
4.
3.
b) Short inquiry
b) DRTs
c) SARFAESI Act
d) Civil
Which advances may not become NPAs under the 90 day norm
a) Staff advances
b) Advances where moratorium has been granted
c) Advances where the outstandings are covered by security value as in
NSCs/IVPs /FDRs
d) All of the above
6.
7.
adequate powers
no powers
judicial powers
none of the above
8.
b) 15 lacs
c) 20 lacs
d) 25 lacs
b) No
d) Partial to the extent of intt. recovery .
206
10.
11.
12.
b) 30
c) 90
d) 60
13.
Allied agricultural activity loans such as poultry loans will be come NPA if
a) Default persists as per 2 crop seasons ,not exceeding 2 half years
b) In accordance with 90 day norms
c) None of the above
14.
15.
b) New IRAC
c) None of above
When the old IRAC status is replaced by the system with new IRAC
status.
a) Daily
b) Monthly
c) Once in a year on date defined by the bank
d) As & when advised by the branch
207
KEY TO ASSIGNMENT
NPA MANAGEMENT & RECOVERY PROCESS-II
Q.
Ans.
Q.
Ans.
1
a
11
d
2
c
12
b
3
d
13
b
4
c
14
b
5
d
15
c
6
c
16
7
c
17
8
b
18
9
c
19
10
b
20
208
2.
3.
(b) IPC
(d) NI Act
4.
Important portions of the Trust Deed relevant to the trust account must be entered
in the ..
(a) Branch Document Register
(c)Not to be entered
5.
6.
The statutory protection available to a collecting banker under Sec. 131 of NI Act is
available in case of-----------:
a) All cheques and drafts
c) Crossed cheques and drafts
7.
b) 8
d) 18
209
The account opening form of a partnership firm, admitting a minor to the benefits of
the partnership, vide Sec. 30(1) of Indian Partnership Act, with the consent of all
the partners, is signed by whom?
a)
b)
c)
d)
9.
10
Which section of the Negotiable Instruments Act, 1881 permits institution of criminal
proceedings against persons who have issued cheques that have bounced?
a) Sec. 144
c) Sec. 138
11
b) 10
d) 20
While collecting cheques/bills etc. for a customer the bank acts as--------------------------a) An agent of the customer
c) A pledger
14
b) Pledge
d) Hypothecation
13
b) Sec. 28
d) Sec. 50
12
b) Registrar of Societies/Firms
d)
None of the above
Protection under Section 131 of the N.I. Act is not available to collecting bankers
for the following: a)
b)
c)
e)
210
b) Pre-dated instrument
d) Incomplete Instrument
b) Holder
d) Holder-in-due-course
20 A banker collects a cheque on account of a customer who is not a true owner of the
instrument. The banker will be held liable for conversion unless:
a)
b)
c)
d)
21
22
211
24.
25.
b) 10
d) 20
A joint account is in the name of A and B with instructions " either or survivor". A
grants a power of attorney in favour of C. We should-------:
a) Not allow C to operate the account without oral confirmation of B.
b) Allow C to operate the account, as either of account holders is competent to
appoint an attorney
c) Not allow C to operate the account
d) Suggest B that he should also execute a power of attorney in favour of
somebody
1.
d
11
a
21
d
2.
c
12
d
22
d
3.
d
13
a
23
b
4.
a
14
c
24
a
5.
C
15
A
25
C
6.
c
16
b
7.
c
17
d
8.
c
18
c
9.
c
19
c
10.
c
20
a
212
2.
3.
b) Direct Pledge
d) None of the above
A banker has following securities with him. Which of these is subject to bankers
general lien?
a)
b)
c)
d)
4.
a)
b)
c)
d)
Right to retain possession of goods in respect of which the dues have arisen
Right to keep the securities indefinitely
Right to sell the securities
Right to keep the securities for other dues
5. Because the banks right under general lien is an implied pledge, in case of default,
the bank, after giving a proper/reasonable notice to the borrower can-----------a)
b)
c)
d)
6.
A bank has a right called ----------to club two accounts (one of which has debit
balance and another has credit balance) in the same capacity, of customer:
a) Right of lien
c) Right of adjustment
b) Right of Set-off
d) Right of appropriation
b) Lessor-Lessee
d) Principal-Agent
213
8. For which among the following, the banker can exercise its right of set off, in case of
need.
a) Debts which are to arise in future
b) Contingent debts of the customer
c) Funds deposited by the debtor for a specific purpose
d) For due and lawful debts
9. In respect of time barred debts, right of set off--------------:
a)
b)
c)
d)
is not available
can be exercised after obtaining permission from the court.
can be exercised after obtaining consent letter.
can be exercised if loan and deposit are in the same right/capacity.
10. X has a joint former or survivor account XY with his wife Y. X has an overdraft
account, where he is not paying dues. Can you exercise right of set off as a banker--------a) No, in joint accounts it is not possible
b) Yes, it is possible as the account is former or survivor
c) Yes, after obtaining consent of Y
d) Yes, after obtaining court order
11. Garnishee order is issued under which of the following-----------a)
b)
c)
d)
12. A Garnishee order is issued by ------------a) The RBI to scheduled bank for stopping payment in an account.
b) The competent court for attaching funds due to a judgement debtor by a third
party for payment to the judgement creditor.
c) The Income Tax Recovery Officer attaching funds in the account maintained by
the bank.
d) The district Magistrate requiring the bank to remit to his office a certain sum of
money to the debit of particular account.
214
Order Nisi
Order primary
Order attachment
Order absolute
15. Who is a garnishee in case of a bank account, where a garnishee order is served?
a) Judgement debtor
b) Judgement creditor
c) Judgement debtors debtor
d) Cash credit customer
16. Your branch has received a garnishee order for the account of Mr. X. What is the
first action you are required to take?
a)
b)
c)
d)
17. An attachment order is received from Income Tax Officer for attaching funds lying in
saving bank account of a person. What will be the consequences, in case, the bank
fails to execute this order u/s 226(3) of income tax Act:
a)
b)
c)
d)
18. A bank has received on order under section 226(3) of the income tax act, 1961 in
the name of a customer who has a fixed deposit account, which is already matured.
Which of the following action the bank should take while making payment to the
income tax officer concerned?
215
Key to Assignment :
Legal Aspects of Banking-II
Q.
Ans.
Q.
Ans.
1
d
11
a
2
a
12
b
3
d
13
c
4
a
14
a
5
b
15
c
6
b
16
c
7
c
17
c
8
d
18
b
9
d
19
b
10
b
20
a
216
2.)
3.)
After receipt of notice from the secured creditor for repayment of dues by
the borrower, the borrower is legally prevented from transferring his
property in any way. (True or False)
4.)
5.)
6)
7).
8).
9).
10).
11).
12).
217
13).
14).
15)
16)
Banks and financial institutions can issue notice for enforcement over
security under SARFAESI Act only if these securities are not
__________ creditor and only when the account is classified as
___________
17.)
If the borrower does not pay within ___________ days after notice by
the secured creditor the creditor can __________ of the security.
18)
19)
20).
21).
Any direction issued by the RBI under SARFAESI act has ---------effect and is ------------on the parties concernerd.
22).
23).
The period stipulated in the Act for filing details of security interest is
-------days.
24).
218
26.)
27.)
28).
29)
219
False
False
True
True
False
true
False
False
False
False
False
True
True
True
True
In possession,NPA
Sixty,take possession
offer document,debenture,agreement,security receipt
Separate
Undivided interest
Statutory,binding
Acquisition,financial assistance
30
Creditor
b
a
d
a
d
220
1.
Advances General
Two firm are said to be identical when
a)
b)
c)
d)
2.
a)
3.
b) 10
c) 12
d) 3
e) None of these
4.
b)Authorised Capital
d)Registered Office
a) 12 yrs
b)7 yrs
c) 5 yrs
d)3 yrs
5.With with does section 45Z of Banking Regulation Act ,1949 deals with?
a)Return of unclaimed deposits
c)Maintenance of Currency chests
6.As per the Indian Limitation Act, an equitable mortgage becomes time-barred after
____ years.
a) 3
b) 6
c) 10
d) 12
7.The certificate to commence business is to be called for, for perusal and return for
opening of an account of:
a) Public Limited Company
c) Private Limited Company
10.In the matter of a Joint Stock Company, the term negative lien means:
a) A lien which does not confer on the bank a right of sale of asset
b) Where a company, through its own resolution is restrained from creating further
charge on its assets
c) Where a charge created in favour of the bank is not registered with the Registrar of
Companies
d) The charge is in the nature of only a floating charge on its assets.
11.In the case of joint stock company, the registration of charge with the Registrar of
Companies is not necessary:
a)
b)
c)
d)
13.If a married woman is a borrower and does not repay bank dues, it can be
recovered:
a) From her husband
c) From her husbands estate
222
b) 58
d) 60
16.In the event of mortgage of immovable property, which of the following is true..
a) Ownership is transferred
c) A specific interest is created
b) Right is transferred
d) None of the above
b) 10
d) 30
b) Hypothecation
d) None of the above
b) Hypothecation
d) Pledge
22.After the repayment of the loan secured by assignment of debt the charge is:
a)
b)
c)
d)
223
Yes
Not necessary
Preferable, in the interest of the bank
none of the above
b) 272
d) None of the above
Advances - General
Q
Ans.
Q.
Ans.
Q.
Ans.
1.
a
11
a
21
c
2
d
12
d
22
c
3
c
13
b
23
a
4
b
14
c
24
d
5
d
15
b
25
a
6
d
16
c
7
a
17
a
8
c
18
c
9
c
19
a
10
b
20
b
224
The companies are required to seek an extension of time from the concerned
Registrar of Companies, if audited accounts are not approved by shareholders at
annual general meeting within months.
a.
3
b.
6
c.
9
d.
12
2.
3.
4.
5.
b)
d)
31-05-2006
31-07-2006
7.
8, 10, 15
8, 10, 19
For filing the charge for registration, documents in physical form are not been
accepted after ______
a) 30-04-2006
c) 30-06-2006
6.
b)
d)
b)
d)
31-05-2006
31-07-2006
b)
d)
8.
Working capital limit for SSI units upto Rs. 5.00 crore should be assessed as per
________method
a) Operating Cycle
c) Nayak Committee
9.
b)
d)
11.
Traditional
Projected Balance Sheet
Working capital limit for C& I (Mfg) units upto Rs. 5.00 crore should be assessed as
per _____method
a) Traditional Method
c) Projected Balance Sheet
10.
b)
d)
12.
13.
b)
d)
Variable Costs
Break even sales
226
15.
16.
17.
19.
Funds Flow Analysis is done if a unit has availed working capital limit of _______
a) Rs. 5 lac and above
c) Rs. 20 lac and above
20.
Profitability
Turnover
18.
b)
d)
b)
d)
Profit from normal business and retained in the business are termed as _____
a) Revenue Reserve
c) Statutory Reserve
b)
d)
Capital Reserve
None of above
227
22.
24.
20
45
23.
b)
d)
b)
d)
1
6
11
16
21
b
c
d
c
c
2
7
12
17
22
c
a
d
a
a
3
8
13
18
23
d
c
a
b
d
4
9
14
19
24
c
b
a
d
a
5
10
15
20
c
c
c
a
228
b)
d)
Current Liabilities
None of above
b)
d)
Fixed Assets
None of above
b)
d)
Technical ability
None of above
b)
d)
Importing goods
None of above
b)
d)
Performance
Deferred Payment
229
9.
Quick Ratio
TOL/TNW
b)
d)
DER
DSCR
10.
11.
b)
d)
How the liabilities i.e. tax and dividend payable etc which are known but
not provided for, are classified?
a)
b)
c)
d)
12.
13.
14.
230
16.
17.
Mortgage
Lien
b)
d)
Hypothecation
Assignment
Sundry Creditors
Sundry Debtors
b)
d)
20.
1.25
1.50
19.
b)
d)
In case of Cash Credit limit against Book Debts, what will be the primary
security?
a)
c)
18.
1.00
1.33
SSI units
Seasonal Industry/Construction Co.
b)
d)
C&I Units
All of above
Fixed Asset
Intangible Asset
b)
d)
Current Asset
Non-Current Asset
KEY
231
1
6
11
16
c
d
a
c
2
7
12
17
b
c
a
b
3
8
13
18
a
a
a
c
4
9
14
19
c
c
c
c
5
10
15
20
c
c
b
b
232
How many declarations are there in Fair Lending Practices Code (FLPC)
a) 4
c) 8
2.
Loans to SSI are collateral free upto Rs. _____lacs as per RBI Guidelines
a) 1
c) 5
4.
b)
d)
b)
d)
Agriculturist
All of above
7.
Exchange
Discount
6.
3
10
5.
6
10
3.
b)
d)
b)
d)
Cash Credit
Both (a) & (b)
b)
d)
60, 70
80, 90
233
For finance against CWC/SWC Receipts, the Primary Security will be ____
a)
b)
c)
d)
9.
For finance against CWC/SWC Receipts, the Collateral Security will be ____
a)
b)
c)
d)
10.
11.
Weekly
Monthly
b)
d)
75
200
A manufacturing and Trade & Service business unit can be defined as SME if
its turnover is upto Rs. _____crore
a) 10
c) 20
14.
b)
d)
Composite loan to SSI sector has been enhanced from Rs. 50 lacs to Rs.
_______lacs
a) 60
c) 100
13.
6
12
12.
b)
d)
b)
d)
50
25
RBI has fixed prudential exposure norms @ _____% of total capital funds to
single borrower
a) 5
c) 15
b)
d)
10
20
234
RBI has fixed prudential exposure norms @ _____% of total capital funds to
single borrower including additional exposure of 5% for infrastructure
financing
a) 5
c) 15
16.
b)
d)
RBI has fixed prudential exposure norms @ _____% of total capital funds to
group borrowers
a) 20
c) 40
17.
10
20
b)
d)
30
50
RBI has fixed prudential exposure norms @ _____% of total capital funds to
group borrowers including additional exposure of 10% for infrastructure
financing
a) 20
c) 40
b)
d)
30
50
KEY
Advances General matter -III
1
6
11
16
c
d
c
c
2
7
12
17
d
c
c
d
3
8
13
c
c
b
4
9
14
a
a
c
5
10
15
c
d
d
235
2.
3.
In the case of joint stock company, the registration of charge with the Registrar of
Companies is not necessary:
a)
b)
c)
d)
4.
5.
6.
Rs. 1.00
b)
d)
Technical ability
None of above
236
Non registration of a firm with the Registrar of Assurances attracts the following
disability
a)
b)
c)
d)
8.
9.
10.
b) 3
c) 4
d) 5
b) 4
c) 5
d) 3
KEY
KEY : Advances General matter IV
1
6
c
c
2
7
a
b
3
8
a
c
4
9
a
b
5
10
d
c
237
2.
3.
4.
b) 10
d) 20
5.
A joint account is in the name of A and B with instructions " either or survivor". A
grants a power of attorney in favour of C. We should-------:
a) Not allow C to operate the account without oral confirmation of B.
b) Allow C to operate the account, as either of account holders is competent to
appoint an attorney
c) Not allow C to operate the account
d) Suggest B that he should also execute a power of attorney in favour of
somebody
6.
As per recent direction of RBI, a bank can collect an account payee cheque for any
person other than the payee constituent, provided.
a)
b)
c)
d)
238
The companies are required to seek an extension of time from the concerned
Registrar of Companies, if audited accounts are not approved by shareholders at
annual general meeting within months.
a. 3
b. 6
c. 9
d. 12
8.
9.
10.
NI Act
BR Act
COPRA Act
KYC Guidelines
11.
12.
239
1.
6
11
d
b
b
2
7
12
d
b
c
3
8
13
b
d
c
4
9
a
d
5
10
c
d
240
2.
If a married woman is a borrower and does not repay bank dues, it can be
recovered:
a) From her husband
b) From her separate estate
c) From her husbands estate
d) None of the above
3.
4.
5.
Bailment has been defined in which section_____ of Indian Contract act 1872:
a) 247
b) 147
c) 148
d) 347
6.
The mortgage has been defined under section _____of Transfer of Property act:
a) 57
b) 58
c) 59
d) 60
7.
8.
9.
b) Right is transferred
d) None of the above
241
b) Hypothecation
d) None of the above
12. When loan is to be granted against the security of a LIC policy, which charge is to
be created:
a) Mortgage
b) Hypothecation
c) Assignment
d) Pledge
13. After the repayment of the loan secured by assignment of debt the charge is:
a) Transferred in favour of borrower b) Endorsed in favour of the borrower
c) Re-assigned in favour of the borrower d) None of the above
14. If the assignor is a Ltd. Co., whether the registration of charge u/s 125 of
Companies Act is necessary:
a) Yes
b) Not necessary
c) In the interest of the bank
d) None of the above
15. Under Transfer of Property act..would mean transfer of actionable
claim:
a)
Assignment
b)
Mortgage
c)
Negotiation
d)
Pledge
16. In the case of dishonour of cheque due to insufficiency of funds the punishment
under Section 138 of N.I. Act is:
a) Twice the amount of cheque
b) One year imprisonment
c) Twice the amount of cheque or one year imprisonment
d) Twice the amount of cheque or two year imprisonment or both
17. Rule in Claytons case has been incorporated in the:
a)Negotiable Instrument Act, 1881
b) Banking Regulation Act, 1949
c)
Indian Partnership Act, 1932
d) Indian Contract Act, 1872
d)
242
As per the Indian Limitation Act, an equitable mortgage becomes time barred
after ____ years.
a)
c)
22.
b) 6
d) 12
The certificate to commence business is to be called for, for perusal and return
for opening of an account of:
a)
c)
23.
3
10
24.
25.
In the case of joint stock company, the registration of charge with the Registrar of
Companies is not necessary:
a)
b)
c)
d)
26.
b) Right is transferred
d) None of the above
30.
Ownership is transferred
A specific interest is created
29.
28.
27.
8
12
b) 10
d) 30
244
KEY
LEGAL ASPECTS GENERAL BANKING-II
1.
2.
b.
3.
4.
5.
6.
7.
8.
9.
10. a
11. b
12. c
13. c
14. a
15. a
16. d
17. d
18. c
19. a
20. c
21. d
22. a
23. c
24. a
25. a
26. d
27.c
28. a
29. d
30. b
245
International Banking
ASSIGNMENT 1
NRE ACCOUNTS
1 Who can open an NRE Account?
a) Indian nationals whose stay abroad is more than 182 days in the previous
financial year.
b) Indian resident who have gone abroad for studies, business, profession or
gainful employment indicating indefinite stay abroad.
c) PIOs and their Spouse
d) Officials of Central/State Govt./PSU serving abroad and persons deputed
abroad with international agencies like IMF & WHO etc.
e) All of the above
2 The balance along with interest in NRE account can be repatriated with the
permission of __________
a) RBI
c) Commerce Ministry
b)
d)
Ministry of Finance
No permission required
b)
d)
S/B
All of above
246
Which of the following credit transactions are permitted into NRE Account?
a) Transfer from any other NR (E) account of the same account holder
b) Transfer from FCNB of account holder
c) Transfer of funds between NRE Accounts of different persons held with
same AD or different ADs
d) All of the above
Which of the following debit transactions are permitted from NR (E) account?
a)
b)
c)
d)
Local withdrawal
Transfer to any other NR (E) account of the account holder
Transfer to FCNB account of the account holder
All of the above
10
Which of the following debit transactions, ADs can allow in NR(E) account
subject to report to RBI on Form A 2?
a) Remittance to the country of residence of account holder
b) Sale of foreign currency travelers cheques, to the account holder or
dependents on production of evidence of travel abroad
c) Sale of F.C.Notes upto the equivalent of USD 2000
d) All of above
247
11
NRE Savings Bank opened with zero balance will be operationalised if the
remittance is received in the account within a period of _______days
a) 30 days
c) 21 days
12
ADs can grant FC loans to the NRIs minimum to the tune of Rs._______
a)
b)
c)
d)
14
60 days
None of the above
13
b)
d)
USD25000/GBP15000/EURO 20000
USD15000/GBP10000/EURO 10000
USD30000/GBP20000/EURO 25000
No limit
ADs can grant FC loans to the NRIs against their deposits maximum to the
tune of Rs._______
a) Equivalent to Rs.50 lacs
c) Equivalent to Rs. 20 lacs
15
16
b)
d)
Demand Loan
None of these
17
b)
d)
RFC ( HCD)
RFC ( Domestic)
248
18.
19.
20.
21.
NRI/PIO may remit an amount up to USD one million, per financial year,
out of the balances held in his Non- Resident (Ordinary) Rupee (NRO) account /
sale proceeds of assets (inclusive of assets acquired by way of inheritance or
settlement), for all bonafide purposes, subject to
a)
b)
c)
d)
d
d
b
c
2
7
12
17
d
d
d
b
3
8
13
18
21
d
d
a
d
d
4
9
14
19
c
c
b
d
5
10
15
20
c
d
c
d
249
International Banking
ASSIGNMENT 2
( FCNB )
1
b)
d)
2
6
Which are the new currencies permitted for opening FCNR (B) account?
a) USD, GBP
c) INR, GBP
b)
d)
AUD, EURO
Can Dollar, AUD
a) S/B
b)
C/A
c) TDR/STDR
d)
All of above
FCNR (B) account can be opened for a minimum period of _____year
a) 1
c) 3
b)
d)
2
4
2
5
The maximum period for which FCNR (B) account can be opened is
_____years
a) 1
c) 5
b)
d)
b)
d)
2 years
5 years
Interest on FCNR (B) deposit for a period of _____is calculated for every
block of 180 days and thereafter for the remaining actual number of days with
compounding effect
a) More than 1 year
c) More than 3 years
b)
d)
250
GMU Kolkatta
Respective RBO
b)
d)
Weekly
Monthly
b)
d)
14
28
14
b)
d)
Deposit under FCNR (B) which remained overdue for more than _____days,
cannot be renewed from the date of maturity
a) 7
c) 21
13
200000
500000
12
b)
d)
11
1000
5000
10
b)
d)
b)
d)
1.0
No penalty is to be levied
If deposit under FCNR (B) is withdrawn before the completion of one year
from the date of deposit, what interest is payable to the depositor?
a) 1% less than contract rate
c) No interest to be paid
b)
d)
251
At the end of each calendar quarter, branches are reporting to GMU Kolkatta
through Quarterly Statement 1, pertaining to ______
a)
b)
c)
d)
16
At the end of each calendar quarter, branches are reporting toGMU Kolkatta
through Quarterly Statement 2, pertaining to ______
a)
b)
c)
d)
17
18. Mr. Sharma comes to India on a temporary visit. He wants to open FCNB
deposit for USD 25000/-. He tenders USD currency notes for this purpose. He
also has FCTC for USD 10000 with which he wants to open an NRE account.
How will you handle the transaction ?
a)
b)
c)
d)
e)
NRIs during their temporary visits to India can deposit FCNotes & FCTCs in their
accounts as also open new accounts with FCN & FCTC.
Bank to verify and ensure that FCN in excess of USD 5000 FCTC in excess of
USD 10000, FCN+FCTC in excess of USD 10000 are declared in CDF.
Bank to ensure that the customer continues to be NRI.
Preclosure of FCNB issued against FCN/FCTC will not be at TT buying rates
hence noting to be given on the FCNB deposit receipt.
All of the above are applicable.
True
b)
False
20. On account of NRI returning to India, FCNR/ NRE Term deposit can continue
till maturity :
a) True
b) False
252
d
a
a
b
2
7
12
17
d
a
b
a
3
8
13
18
c
b
b
e
4
9
14
19
a
a
c
a
5
10
15
20
c
b
a
a
253
International Banking
ASSIGNMENT 3
RFC ACCOUNTS
1
2000
5000
b)
d)
C/A
All of above
Returning Indian who has been NRI for minimum one year.
Joint (Both returning Indians to be eligible)
Only first applicant to be returning Indian
Both (a) & (b)
b)
d)
USD
EURO
b)
d)
NRO
All of above
b)
d)
b)
d)
TT Selling
FCTC buying
b)
d)
NRO
RIFEE
254
b)
d)
FCNR (B)
None of above
b)
d)
SLR
None of above
10
Tax on interest income from RFC (HCD) is exempted till NRI remains
_______
a) Resident but not ordinarily resident
b) NRI
c) PIO
d) None of above
11
12
13
C/A
STDR
14
b)
d)
The minimum balance required for opening the account under RFC
(Domestic) scheme in USD and EURO currencies is _______
a) 250
c) 750
b)
d)
500
1000
255
The minimum balance required for opening the account under RFC
(Domestic) scheme in GBP currency is _______
a) 250
c) 750
16
b)
d)
C&I
DBD
b)
d)
Fixed Notional
FCTC buying
20
200000
No limit
19
b)
d)
The balances of all the accounts opened under RFC (Domestic) scheme will
be classified in ____segment
a) IB
c) P
18
500
1000
17
b)
d)
b)
Purpose
d)
None of above
b)
d)
NRE
Both (b) & (c)
256
c
a
b
d
2
7
12
17
b
d
b
c
3
8
13
18
a
c
a
b
4
9
14
19
c
c
b
b
5
10
15
20
d
a
a
d
257
c)
d)
b)
d)
Bill Selling
C.N.Selling
b)
d)
Bill Selling
C.N.Selling
b)
d)
Bill Buying
T.C.Buying
When our Nostro Account has already been credited, which rate will be
applicable:
a) T.T.Buying
c) D.D.Buying
in
categorised
are
b)
d)
our branches
b)
d)
Bill Buying
T.C.Buying
For purchasing clean instruments or sending them for collection, which type
of instruments are considered as ineligible:
a) Mutilated
c) Post-dated
b)
d)
Stale
All of above
258
10
b)
d)
Under Cheque Truncated System (CTS), cheque in original are sent to:
a) FD Kolkatta
c) Respective ZO
11
b)
d)
Respective LHO
Not sent
12
10 to 15 days
None of above
b)
d)
13
14
c)
d)
None of these
No change
259
15 A foreign draft in case of Inward Remittance for value equal to/exceeding USD
________must bear 2 signatures.
a)
c)
1,000
10,000
b)
d)
5,000
50,000
16 If the advice is not received within one month from the payment of draft,
in case of Inward Remittance, the matter will be reported to:
a)
c)
17
Concerned bank
GMU Kolkatta
b)
d)
Correspondent Bank
Not to be reported
a) Banks deal in currencies They buy & Sell currencies like any commodity
b) Currencies are bought cheaper and sold costlier so that Banks can make profits
c) The inter bank rates are basis for quoting rates to the customers
d) All are correct
18
a) Rates for small value transactions are fixed at the beginning of the day
called Card rates
b)Card rates are applicable for transaction with rupee value of < 10 lacs
c) For transactions of > 10 lacs the inter bank rate prevalent at that time
forms the basis- referred to as on- line rates
d) Both card rates and on-line rates are obtained through IFM
e) All are correct
260
c
b
c
c
2
7
12
17
a
a
c
d
3
8
13
18
a
d
b
d
4
9
14
b
b
a
5
10
15
a
d
a
261
International Banking
ASSIGNMENT 5
REMITTANCE PRODUCTS
1
b)
d)
2. Similar product on the lines of SBI-Express Remit (US) has been rolled out for
the remitters in following country/ countries :
a) USSR
c) Australia
3
b)
d)
UK
UK & USSR
b)
d)
What is the per calendar quarter limit of remittance for Blue Collared Workers/
Professionals
under SBI-Express?
a) Rs 5 Lacs/ 10 Lacs
c) Rs 5 Lacs/ 15 Lacs
Rs 5000
No such restriction
b)
d)
b)
d)
Rs 10 Lacs/ 15 Lacs
Rs 10 Lacs/ 25 Lacs
What is the per calendar half year limit of remittance for Blue Collared Workers/
Professionals under SBI-Express?
a) Rs 5 Lacs/ 10 Lacs
c) Rs 5 Lacs/ 15 Lacs
b)
d)
Rs 10 Lacs/ 15 Lacs
Rs 6 Lacs/ 25 Lacs
262
What is the per calendar half year limit of remittance for Blue Collared Workers/
Professionals under SBI-Express?
a) Rs 5 Lacs/ 10 Lacs
c) Rs 7 Lacs/ 40 Lacs
b)
d)
Rs 10 Lacs/ 15 Lacs
Rs 6 Lacs/ 25 Lacs
b)
d)
25-02-2005
01-12-2005
10 SBI Express Remit has been launched with the objective of------a)
b)
c)
d)
Targeting NRIs
Targeting NRIs in US
Targeting both NRIs and residents
None of the above
11 What are the purposes covered for remittance under SBI Express Remit?
a) Family maintenance
b) Transfer of funds to remitters NRI a/c
a) Remittances favouring foreign tourists visiting India
b) All the above
12 In which currency funds are remitted under SBI Express Remit (US)?
a) USD, GBP,EURO
d) USD
b) INR
d) USD,GBP,EURO,JPY
13 What is the quantum of remittance (Min. & Max ), per day, underSBI Express
Remit?
a) USD 100 & 10000
c) USD 500 & 10000
b)
d)
14 What is the max. aggregate remittance limit (per week) underSBI Express
Remit?
a) USD 10000
c) USD 20000
b)
d)
USD 15000
USD 30000
15 What is the max. aggregate remittance limit (per month) underSBI Express
Remit?
a) USD 10000
c) USD 25000
b)
d)
USD 15000
USD 30000
263
b)
d)
USD 75000
USD 40000
a
c
d
c
2
7
12
b
d
d
3
8
13
c
c
b
4
9
14
a
b
b
5
10
15
b
b
d
264
b)
d)
USD 120000
USD 150000
2 What is the maximum aggregate remittance limit ( per year) under SBI Express
Remit?
a) USD 160000
c) USD 175000
b)
d)
USD 180000
USD 150000
3 How many times remittances are permitted (per week/month) under SBI Express
Remit?
a) 4/6
c) 2/8
b)
d)
3/6
1/4
4 How many times remittances are permitted (per quarter/half year) under SBI
Express Remit?
a) 4/6
c) 10/20
b)
d)
8/16
16/24
5 How many times remittances are permitted (per year) under SBI Express Remit?
a) 30
c) 50
6
b)
d)
40
60
How many accounts can be used for debit instructions under SBI Express
Remit?
a) 3
c) 2
b)
d)
1
4
8 What are the issue and courier charges for demand drafts under SBI Express
Remit?
a)
b)
c)
d)
11.
12
What is the maximum number of transactions a receiver can receive in a
calendar year through
WU?
a) 6
c) 12
13
b)
d)
10
No such restriction
b)
d)
266
What is the maximum cash amount paid out to the receiver under WU?
a) Rs 100000
c) Rs 120000
b)
d)
Rs 50000
No such restriction
15 e-Remit is :
a) A web based product offered at SBI Singapore for making remittances to
India
b) This facility can be used by all individuals who are residents of
Singapore
c) Customers of banks which are members of eNETS payment system can
use this facility worldwide
d) All are correct
e) Only a & b applicable
1 b
10
11
12
15
13
14
267
International Banking
Assignment-7
Release of Foreign Exchange-I
1
Foreign currency travelers cheques are valid for _____from the date of issue
a) 1 year
c) 5 year
b)
d)
XOS return
None of above
b)
d)
A2
A4
Payment Voucher
None of above
b)
d)
2 year
Infinite period
While encashing FCTC, passport no. etc. will be noted down on _________
a) Traveller cheque
c) Zerox copy of TC
b)
d)
b)
d)
A2
A4
Which is not true in case of release of foreign exchange for foreign travel:
a) Xerox copies of passport and visa to be obtained in case of non customer
b) In case of account holders the same to seen/verified and details noted on
standard application form
c) The customer should produce the air ticket for the purpose of verification
d) The customer should not be asked to produce the air ticket
268
Currency notes to Indians going abroad can be issued upto USD _____or its
equivalent per person, except persons going to Iraq, Libya, Nepal & Bhutan
a) 1000
c) 5000
12
b)
d)
Specialised Training
All of above
Indians going abroad can take outside India / or bring into India (other than
Nepal & Bhutan) Indian currency notes upto an amount not exceeding Rs.
_____ per person
a) 1,000
c) 5,000
11
3000
10000
10
b)
d)
b)
d)
7,500
10,000
For medical treatment abroad, ADs can issue foreign exchange upto USD
______ :
a) 25000
b)
50000
c) 75000
d)
100000
For studies abroad ADs can issue foreign exchange upto USD _______ to
meet expenses towards tuition fee and books etc :
a) USD 100000/- per academic year from close relatives in India
b) Upto USD 100000/- per financial year from balances held in their NRO
accounts
c) Both a & b
d) Either of a & b
13
ADs are empowered under FEMA to release foreign exchange upto USD
_______ for taking up employment abroad
a) 10000
c) 100000
b)
d)
50000
200000
269
For private visits to any country (except Nepal and Bhutan), ADs can release
foreign exchange upto USD _______, without any age limit
a) 10000
c) 100000
15
b)
d)
50000
200000
16
ADs can issue foreign exchange upto USD ______for meeting the
maintenance expenses of close relatives residing abroad.
a) 1000
c) 10000
b)
d)
5000
100000
17
18
FEMA has empowered ADs to issue foreign exchange for a maximum of USD
_______ for subscription to newspaper and magazine etc.
a) 5000
c) 25000
19
15000
100000
How much foreign exchange can be released by ADs for remittance of Prize
Money for sports?
a) USD 25000
c) USD 75000
20
b)
d)
b)
d)
USD 50000
USD 100000
Upto USD _______ per person can be released by ADs to a person going
abroad on emigration
a) 25000
c) 75000
b)
d)
50000
100000
270
21
Currency notes to Indians going to Iraq & Libya can be issued upto USD
_____or its equivalent per person
a) 1000
c) 5000
22
b)
d)
3000
10000
Currency notes/ coins to Indians going to Iran, Russian federation and other
Republics of Commonwealth of Independent States can be issued upto USD
_____or its equivalent per person
a) 5000
c) 10,000
b)
d)
3000
Full foreign exchange
KEY TO ASSIGNMENT IB 7
Release of Foreign Exchange-I
1
6
11
16
21
d
c
a
d
c
2
7
12
17
22
b
b
c
d
d
3
8
13
18
a
d
c
c
4
9
14
19
a
d
a
a
5
10
15
20
b
b
b
d
*****
271
International Banking
ASSIGNMENT 8
RELEASE OF FEX-II
1 How many days in advance can a resident seek release of foreign exchange
before proceeding abroad :
a) To be purchased in a way that the same to be used within 180 days of issue
b) If not used within 180 days, the same should be surrendered to the AD
c) Only a is applicable
d) Both a & b are applicable
2 What is the maximum limit upto which a resident can retain foreign currency
notes ?
a)
c)
USD 1000
USD 2000
b)
d)
USD 5000
No limit
3 What is the maximum limit upto which a resident can retain foreign currency
coins?
a)
c)
USD 1000
USD 10000
b)
d)
USD 5000
No limit
4 Name the card of our bank that offers freedom to shop anywhere in the world?
a)
c)
b)
d)
FCTC
USD
Euro
b)
d)
GBP
All of above
8 What is the minimum amount for which Vishwa Yatra Card can be initially
loaded?
a)
b)
c)
d)
USD 100
250GBP, 400EURO and USD 500
USD 1000
USD 10000
9 What is the maximum amount for which Vishwa Yatra Card can be used besides
usual USD ceiling?
a)
b)
c)
d)
USD 100
USD 500
USD 1000
GBP & EURO equivalent of USD 10000
TT Selling
TT Buying
b)
d)
Bill Selling
TC Buying
11 Which rates will be applied for purchasing the unspent balance in Vishwa Yatra
Card?
a)
c)
Bill Buying
TT Buying
b)
d)
Bill Selling
TC Buying
12 Refund of Vishwa Yatra Card is permitted after _____working days after return of
customer in India
a)
c)
3
9
b)
d)
6
12
273
13 Under Liberalised Remittance Scheme of RBI, resident individuals can remit upto
USD _________ per calendar year
a)
c)
5000
200000
b)
d)
15000
35000
14 For availing the facility of Liberalised Remittance Scheme, the resident individual
must have maintained the account with the bank for a minimum of _____years
a)
c)
1
3
b)
d)
2
5
Monthly basis
Half yearly
b)
d)
Quarterly basis
Not to be reported
16 International Credit Card can be used to meet foreign travel expenses upto----per annum prescribed under FEMA;
a)
c)
5000
10000
b)
d)
15000
25000
USD 100
USD 1000
Cash withdrawal at ATM minimum USD 100 and maximum USD1000 per
day
b) Transaction at Pos min. no limit and max. upto balance in the card
c)
Both a & b are correct
d)
No restriction on min. or max. amount
*****
274
c
e
a
c
2
7
12
17
c
d
b
b
3
8
13
18
d
b
c
c
4
9
14
c
d
a
5
10
15
e
b
a
*****
275
b) UNO
d) G 7 Countries
7 Red Clause Letter of Credit refers to special clause authorizing for _______
a)
b)
c)
d)
Transfer
Renewal without amendment
Advance to beneficiary upto shipment
Advance to beneficiary before shipment
8 Green Clause Letter of Credit refers to special clause authorizing for ______
a)
b)
c)
d)
Transfer
Renewal without amendment
Advance to beneficiary before shipment
Advance to beneficiary upto
shipment
276
b)
d)
10 RBI approval for opening the Letter of Credit is to obtained if the tenor of Bills of
Exchange exceeds _____days from the date of Bill of Lading
a) 60
c) 180
b)
d)
90
360
b)
d)
b)
d)
Applicant
All of above
13 If documents are not received within _____days after validity date, the
documentary credit will be deemed as expired
a) 15 days
c) Two months
b)
d)
One month
Six months
14 Under UCP 600 the phrase Reasonable time of UCP 500 was
with
a) 5 days
c) 5 banking days
substituted
b) 7 banking days
d) 10 days
15 Back-to-Back LC is issued to
a) Importer Customer
b) Exporter Customer
c) Exporter Customer who has received Export LC
d) None of these
16
277
17
Incoterms cover
a) ownership and transfer rights
b) Contracts of carriage
c) rights and obligations of parties to contract of sales
d) none of these
b) 1933
c) 2007
b
a
b
b
2
7
12
17
c
d
d
c
3
8
13
18
d
d
b
a
4
9
14
19
a
b
c
b
5
10
15
20
d
c
c
d
278
International Banking
ASSIGNMENT 10 (IB)
FINANCING IMPORTS & FC FUNDING
1 Suppliers Credit refers to credit for ______into India extended by overseas
suppliers with a maturity less than 3 years
a) Export
c) Both (a) & (b)
b)
d)
Import
None of above
2 Buyers credit refers to loans for payment of imports into India arranged by
importers bank or financial institution with a maturity less than _____
a) One year
c) Three years
b)
d)
Two years
Five years
3 Buyers credit and Suppliers credit for 3 years and above comes under the
category of _______
a) L/C
c) B/G
b)
d)
ECB
None of above
b)
d)
90
360
5 Buyers Credit can be arranged by our branches for the importers client by
issuing ___________favouring our Foreign Offices/Foreign Banks
a) Guarantee
c) Letter of Comfort (LOC)
b)
d)
b)
d)
2 years
5 years
b)
d)
2 years
5 years
279
8 The amount of Buyers Credit should not exceed USD ______million per import
transaction
a) 10
b)
20
c) 30
d)
50
9 Maximum interest (all in cost ceilings) in Trade Credits ( Suppliers Credit &
Buyers Credit) is as under
a) LIBOR+ 350bps
c) LIBOR+ 200bps
b)
d)
LIBOR+ 100bps
LIBOR+ 250bps
10 All in cost ceilings in Trade Credits ( Suppliers Credit & Buyers Credit) is
applicable as prescribed by
a) FEDAI
c) RBI
b)
d)
b)
d)
USD,EURO, GBP,YEN
USD,CAD, GBP,YEN
b)
d)
3 months to 12 months
None of above
1 to 5 years
3 to 5 years
1 to 3 years, and upto 5 years with the permission of HO
None of above
280
b)
d)
USD300 million
USD100 million
18 The maximum amount of ECB that can be raised by a corporate in the Hotels,
Hospitals and Software sectors, in a financial year is -----a) USD200 million
c) USD500 million
b)
d)
USD300 million
USD100 million
19 ECB above USD 20 million and upto USD 500 million or equivalent is
sanctioned for a period with minimum average maturity of---------- years
a) 3 years
c) 10 years
b)
d)
5 years
7 years
20 ECB upto USD 20 million or equivalent is sanctioned for a period with minimum
average maturity of---------- years
a) 3 years
c) 10 years
b)
d)
5 years
7 years
21 ECB upto USD --------- million or equivalent can have call/put option provided
the minimum average maturity of 3 years is copiled before exercising the option
a) USD250 million
c) USD20 million
b)
d)
USD500 million
USD100 million
281
b
a
c
d
c
2
7
12
17
c
c
b
c
3
8
13
18
b
b
c
d
4
9
14
19
c
c
c
b
5
10
15
20
d
c
c
a
*****
282
The normal time limit for settlement of import payment is------ from the date of
shipment
a) 30 days
c) 21 days
1 year
Not required
b)
d)
ENC
STAT
b)
d)
USD 100,000
None of these
b)
d)
Monthly
Half yearly
b)
d)
Documents evidencing import are to be preserved for ---- period from the date
of verification, except cases under investigation
a) 2 years
c) 3 years
6 months
None of above
b)
d)
b)
d)
3 months
6 months
Fully utilized Exchange Control Copy of Import Licence is to be retained bya) RBI
c) AD
b)
d)
Importer
DGFT
283
b)
d)
USD500,000
USD100,000
10
b)
d)
USD500,000
USD100,000
b)
d)
DGFT
AD
11
12
Remittances against import of books can be received within a period of-----provided interest payment , if any , is as per instruction in this regard
a) 12 months
c) No time limit
13
b)
d)
3 months
6 months
284
14
15
16
When the imports are made in non- physical form, a certificate from------would
serve the purpose of import evidence
a) Chartered Accountant
c) Authorised dealer
17
b)
d)
RBI
Exporter
Where the value of import on DP basis falls between USD 25000 and USD
100,000 and is for non-customer, the following document as an evidence of
import may be obtained
a)
b)
c)
d)
18
Import licenses are normally issued for the ------ value of the goods to
imported
a) FOB
b)
CIF
c) Insured
d)
None of the above
19
285
20
LC calls for clean on board B/L. The B/L submitted has notation on board
without mentioning clean. Can the B/L be accepted as non-discrepant?
a) Yes
b) No
b
b
b
a
2
7
12
17
c
c
c
b
3
8
13
18
b
d
c
b
4
9
14
19
c
c
c
b
5
10
15
20
b
c
e
a
*****
286
b)
d)
Sale
None of above
While booking forward contract, it has to be ensured that due date does not fall
on ______
a) Saturday
c) Public Holiday
b)
d)
Sunday
All of above
b)
d)
Export bills
None of above
4. Forward Exchange Cover Facility can not be provided against balance lying in
_______
a) FCNRB
c) NRE C/A Account
b)
d)
b)
d)
3
5
6. In case an Importer/Exporter desire higher limit than the one fixed by AD, they
will have to take approval from _____
a) FICCI
c) Commerce Ministry
b)
d)
Finance Ministry
RBI
7. If an exporter wants to avail Forward Contract facility, his overdue bills should not
exceed ___% of the turnover
a) 10
c) 20
b)
d)
15
25
287
b)
d)
5
10
b)
d)
Quarterly, 116
Yearly, 136
11. Before booking a forward sale contract, it should be ensured that the importer
submits ________
a) A firm order/Import Elcee/Import Collection bill
b) Invoice
c) Bills of Exchange
d) Any one of above
12. In case of import bill, the delivery period should not be more than _____days
from the date of shipmen
a) 60
c) 180
b)
d)
90
360
13. ADs while booking a forward sale contract should ensure that.
a)
b)
c)
d)
Import items are freely importable under current foreign trade policy
Suitable limit for forward contract is sanctioned to the importer
Both (a) & (b)
None of above
14. In case of any exchange gain arising out of the cancellation of forward contract
before due date, it will be passed on to the customers as under
a)
b)
The customer can opt for settlement of full gain on due date
The customer can opt for upfront settlement of exchange gain at
discounted rate (discount equal to PLR) by choosing optionTo Day
288
b)
d)
On expiry date
None of above
TT Buying
Bill Buying
b)
d)
TT Selling
Bill Selling
TT Buying
Bill Buying
b)
d)
TT Selling
Bill Selling
Can be done
Cannot be done
Can be done if a request from the customer is received
None of above
289
Same day
3rd day
b)
d)
Next day
7th day
22. In case 15th day from the due date of a forward contract falls on Saturday or
Public Holiday, the contract will be cancelled on _________
a)
c)
b)
d)
23. In case of Cross Currency Forward Contracts (CCFC), how many exchange risks
are covered?
a)
c)
1
3
b)
d)
2
4
24. Which type of exchange risks are covered under Cross Currency Forward
Contracts (CCFC)?
a)
b)
c)
d)
25. Cross Currency Forward Contracts (CCFC) can be booked for a minimum
amount of USD ________
a)
c)
1,00,000
5,00,000
b)
d)
2,00,000
10,00,000
26. In case of Cross Currency Forward Contracts (CCFC), minimum delivery amount
should be equivalent to Rs. ______lac
a)
c)
5
15
b)
d)
10
25
290
1
6
11
16
21
c
d
a
d
a
2
7
12
17
22
d
a
c
d
b
3
8
13
18
23
26
c
d
c
a
b
b
4
9
14
19
24
d
c
c
b
c
5
10
15
20
25
b
b
c
c
a
291
b)
d)
b)
d)
GBP
All currencies
R-Returns are now to be submitted to RBI ______, and should reach RBI
within 7 calendar days of the relative fortnight
a) Branch-wise
c) Both (a) & (b)
Twice a week
Twice a month
b)
d)
R-Return
Bill of Entry
b)
d)
b)
d)
Bank-wide
None of above
b)
d)
3 working days
7 working days
292
10
a) NRE
b)
NRO
c) RFC
d)
FCNR (B)
BAL return containing the foreign currency balances of authorized dealers
and rupee balances of non-resident banks is sent to RBI at
_________intervals
b)
d)
ORA
R-Return
b)
d)
FD Kolkatta
None of above
14
Quarterly
Yearly
13
b)
d)
Name the statement which is sent to RBI at quarterly intervals containing the
details of permissions granted for opening of trading/non-trading
office/posting of representatives abroad
a) STAT 10
c) BAL
12
Quarterly
Yearly
a) Monthly
c) Half-yearly
11
b)
d)
b)
d)
ORA
BEF
Which return is sent to RBI at yearly intervals (in December), containing the
details of export bills written off?
a) BAL
c) XOS
b)
d)
EBW
BEF
293
15
16
b)
d)
Quarterly
Yearly
b)
d)
Quarterly
Yearly
17
The information on the number of applications received and total amount
remitted under the Liberalised Remittance Scheme is to be submitted to
RBI-----------intervals
a) Monthly
c) Half-yearly
b)
d)
Quarterly
Yearly
b)
d)
5 days
10 days
b)
d)
Quarterly
Yearly
b)
d)
Quarterly
Yearly
21 Advance payment against Exports of Rs.5 crores & above is sent on----intervals
a) Monthly
c) Half-yearly
b)
d)
Quarterly
Yearly
294
22
b)
d)
Quarterly
Yearly
2
7
12
17
d
b
a
a
3
8
13
18
21 c
d
a
c
b
4
9
14
19
22
c
c
b
b
b
5
10
15
20
d
b
b
a
295
ASSIGNMENT IB-15
EXPORTS-I
1
A2
A3
b)
d)
15000
25000
b)
d)
6
10
The exporter has to submit the duplicate copy of GR along with necessary
documents to ADs within _____days from the date of shipment( Not required
upto US$ 25000)
a) 7
c) 21
b)
d)
6 months
1 year
The exporters are exempted to declare if their exports do not exceed USD
____or its equivalent
a) 10000
c) 20000
b)
d)
b)
d)
b)
d)
14
28
b)
d)
ENC
A4
296
After realization of relative bill, AD will send the duplicate copy of GR duly
verified to
a) RBI
b)
Respective LHO
c) Respective ZO
d)
Kept for verification by auditors
10
If the export bill is not realized within the stipulated period, it should be
crystallized at _______rate
a) Bill Buying
b)
Spot TT Selling
c) Bill Selling
d)
T.C. Selling
11
12
13
b)
d)
ADs can permit GR waiver for export of goods free of cost for export as under
a) 2% of annual turnover in preceding three years, max. Rs.5lacs
b) 2% of annual turnover during three preceding licensing years, max
Rs.10 lacs for status holder exporters
c) Both a & b applicable
d) None of these
14 The period of realization and repatriation to India of the amount representing full
export value of goods or software exported has been enhanced to _____ till
30.06.10
a) 3 months
b)
12 months
c) 6 months
d)
None of these
14
If the exporter is unable to get his bill realized within 6 months from the date
of shipment, he must seek extension of time from:
a) RBI
c) FICCI
b)
d)
Finance Ministry
Authorised Dealer
297
15
RBI has authorized ADs to extend the time if exports have not been realized
within 6 months, provided:
a)
b)
c)
d)
16
The ceiling of USD 1 million in case of powers vested with ADs for extension
of time for overdue export bills will not apply, if the exporter has filed a suit
against importer abroad. In such case, extension may be granted for
____months at a time
a) 6
c) 12
17
b)
d)
9
None of above
Before considering the extension of time of overdue export bill beyond 1 year
from the date of shipment, ADs should ensure that total outstanding exports
of the exporter should not exceed ____% of the average of export realizations
during the preceding ____financial years
a) 5, 1
c) 10, 3
b)
d)
10, 2
10, 5
18
For getting extension of time for overdue export bill, the exporter has to apply
in _______form
a) A 1
b)
A2
c) ETX
d)
All of above
19
After granting the necessary extension for realization of overdue export bill, it
will be entered by ADs in ______________
a) R return
c) XOS statement
21
b)
d)
BEF statement
Not required
b)
d)
90
360
298
1
6
11
16
21
c
c
c
d
d
2
7
12
17
b
b
a
a
3
8
13
18
c
d
c
c
4
9
14
19
d
b
b
c
5
10
15
20
d
b
a
c
299
International Banking
ASSIGNMENT 16 (IB)
EXPORTS-II
1
A1
A3
b)
d)
10
No limit
b)
d)
The exporters who are in the business for more than 3 years and their export
outstandings do not exceed 5 % of the average annual export realization
during preceding 3 calendar years, can be allowed reduction in invoice value
upto ___%
a) 5
c) 15
10
25
b)
d)
b)
d)
RBI
Commerce Ministry
300
If an exporter is unable to realize his export bill within the stipulated time
despite his best efforts, ADs can allow for _____
Write off of bill
None of above
b)
d)
15
25
The amount of the bill proposed to be written off must have remained
outstanding for _____year of more
a) 1
c) 3
13
b)
d)
12
A2
None of above
a) Filing a suit
c) Both (a) & (b)
11
b)
d)
Which of the following international trade transaction does not require prior
approval from the RBI ?
a)
b)
c)
d)
10
Sale, Purchase
Sale, Sale
b)
d)
b)
d)
2
5
b)
d)
Quarterly
Yearly
301
At the end of December each year, a statement will be sent to RBI for written
off bills during the year on Form _______
a) XOS
c) EBW
15
b)
d)
R-Return
BEF
16
b)
d)
The period of realization applicable for exports by units in SEZ is-----a) 6 months
c) 12 months
17
Reserve Bank
Importer
b)
d)
18 months
No time limit
18
b)
False
d
c
a
d
2
7
12
17
a
a
a
c
3
8
13
18
d
b
d
a
4
9
14
19
b
d
c
a
5
10
15
20
b
b
a
d
303
b)
d)
Rs. 50 crores
Rs. None of these
2 For getting a Star Export House status, the export turnover over 3 years should
be Rs. _____crore
a) 50
c) 200
b)
d)
100
300
3 If an export house has achieved export turnover over three years to the tune of
Rs. 500 crore, it will be classified as ______.
a) Star Trading House
c) Premier Trading House
b)
d)
Trading House
None of these
4 For getting a Star Trading Export House status, an export house has to make
export turnover for Rs. ____crore over 3 years
a) 500
c) 2500
b)
d)
1000
2000
5 An export house has made export turnover to the tune of Rs. 10000 crore over 3
years, it will be classified as _____Export House
a) Star Trading House
c) Trading House
b)
d)
6 The units in Special Economic Zone (SEZ) are permitted to credit ____% of its
foreign exchange receipts in their FC (SEZ) Account
a) 25
c) 75
b)
d)
50
100
7 A person resident in India may open with ADs an account in foreign currency to
be known as ______Account
a) NRE
c) FCNR
b)
d)
NRO
EEFC
304
b)
d)
9 All exchange earners can retain upto ___% of their foreign exchange earnings in
their EEFC Account
a) 50
c) 100
b)
d)
75
Not permitted
b)
d)
4
8
b)
d)
SLR
None of above
b)
d)
Finance Ministry
Industry Ministry
305
b)
d)
MIBOR
Bank Rate
b)
d)
B
Designated
18 Designated branches have to obtain Funds Angle Clearance (FAC) from GMU
Kolkatta for all fresh disbursement of PCFC/EBR for amount exceeding ____
a) 5.00 lac
c) 15.00 lac
b)
d)
Cash Credit
Overdraft
20 In case of PCFC, maximum period of credit allowed is ____days from the date of
disbursement :
a)
b)
c)
d)
180 days
Beyond 180 days and upto 360 days 2% extra
Both a & b applicable
None of the above
306
a
d
b
c
e
2
7
12
17
b
d
a
d
3
8
13
18
b
d
a
b
4
9
14
19
c
c
c
b
5
10
15
20
b
a
a
c
307
b)
d)
90
360
2 PCFC will be adjusted through the proceeds of export bills under ____
a) EPC
c) Both (a) & (b)
b)
d)
EBR
None of above
b)
d)
50,000
Irrespective of amount
b)
d)
Date of shipment
Date of discontig of bill
Date of credit to nostro account
Date of repayment of rupee loan
b)
d)
Designated Branch
Respective LHO
308
b)
d)
Respective LHO
Retained by Designated Branch
b)
d)
Respective LHO
Retained by Designated Branch
b)
d)
Monthly
Half-yearly
b)
d)
FD Kolkatta
Finance Ministry
11 The rate of interest on Pre-shipment finance in Foreign Currency upto 180 days
a) LIBOR + 1%
c) LIBOR + 3.50%
b)
d)
LIBOR + 2%
LIBOR - 1%
b)
d)
liquidating
60 days
None of these
309
14
15 Which is not true in the case of SBI Exporters Gold Card Scheme
a)
b)
c)
d)
16
Which is not true in the case of SBI Exporters Gold Card Scheme
a) Stand by limit of 20% of assessed limit to meet sudden orders
b) Step up by 10% at end of 1st & 2nd year by BM allowed
c) Interest concession for pre-shipment & post-shipment
d) All are true
17
A stand by limit of 20%, sanctioned over and above the limit, can be
utilized by the exporter under SBI Exporter Gold Card Scheme, for a
maximum period of _____days in one instance
a) 60
c) 180
b)
d)
90
365
18 Under SBI Exporter Gold Card Scheme, eligible exporters can be sanctioned
pre-shipment credit limits for _____days with some concession in rate of interest
a) 60
b)
90
c) 180
d)
365
19 Under SBI Exporter Gold Card Scheme, eligible exporters can be sanctioned
post-shipment credit limits for _____days with some concession in rate of interest
a) 60
c) 180
b)
d)
90
365
20 A fresh application for credit facility under SBI Exporter Gold Card
will be disposed off within ____days
a) 10
b)
15
c) 20
d)
25
Scheme
310
b)
d)
15
25
23 Request for sanction of adhoc limits under SBI Exporter Gold Card Scheme will
be processed within _____days
a) 7
c) 21
b)
d)
14
28
24 Due to the difficulties faced by the exporters, the requirement of overdue bills not
exceeding 10% of the previous years export turnover has been dispensed with
for a period of__
a)
b)
c)
d)
d
a
b
c
a
2
7
12
17
22
b
d
c
c
d
3
8
13
18
23
d
a
c
d
d
4
9
14
19
24
b
b
d
d
a
5
10
15
20
b
c
d
b
*****
311
International Banking
ASSIGNMENT 19 (IB)
COLLECTIONS
1
Documentary collections are covered under the provisions contained in----a) UCPDC 600
c) URC522
b)
d)
ISBP
None of above
b)
False
312
b)
d)
cooling
c) The credit is not reversed if the instrument is returned after cooling period
d) All are applicable
313
10
11
b)
d)
Which of the following is/are the important USA enactments to combat money
laundering
a) FATF
c) USA PATRIOT Act
e) b & c
12
b)
False
b)
False
b)
d)
Acceptance
All of above
17
1989
None of above
16
b)
d)
15
USA OFAC
All of above
Under USA Patriot Acts 120 Hour Rule , the deadline for submission of
information within 120 hour from the receipt of request is applicable to our
branches situated in USA
a) True
14
b)
d)
13
1989
None of above
b)
d)
GMU-Kolkatta
None of the above
b)
d)
USD 50,000
None of above
314
b)
d)
7 days
Conversion not permitted
19.
IRC has the capability to send the remittances received for credit of
customers account with other Banks:
a) True
b) False
c
c
e
b
2
7
12
17
c
c
c
c
3
8
13
18
c
d
a
b
4
9
14
19
a
d
a
a
5
10
15
b
b
c
*****
315
2. d
3. c
4. d
316
100
25
Borrower
Both a& b
AB4
AB7
Guarantee Agreement
b)
d)
50
No charges
b)
d)
Guarantor
None of the above
b)
d)
AB5
None of the above
8.
bank
No photograph to be obtained
7.
b)
d)
borrower
borrower and bank on 50:50
Facility wise
None of the above
b)
d)
Borrower wise
Account wise
b)
d)
While granting limits under KCC, the scale of finance, is prepared by--------.
a) District Level Technical Committee
c) Block level Consultative Committee
9.
While granting limits under KCC, the scale of finance, is approved by -----a) District Technical Committee
c) Block level Consultative Committee
10.
While financing crop loan adopting scale of finance, following margins are
required---a)
c)
11.
5%
25%
b)
d)
10%
NIL
5% to 10%
25% to 30%
b)
d)
NIL
15% to 25%
16.
b) Tenant farmers
d) All of the above
15.
Owner Cultivators
Share Croppers
14.
b) 25 %
d) No margin
13.
40 %
15 %
12.
Crop production
Contigent Needs
b)
d)
Ancillary activities
All of the above
Rs.25000
Rs.100000
b.
d.
Rs 50000
Rs 200000
318
18.
25.00 lacs
50.00 lacs
30.00 lacs
50.00 lacs
b)
d)
40.00 lacs
None of above
In case of crop loans, norms for obtaining collateral security have been
relaxed for limits up to --------a)
c)
20.
40.00 lacs
None of above
19.
b)
d)
b)
d)
Rs.25,000/Rs.5,00,000/-
In case of Agricultural Term loans (where assets are created), norms for
obtaining collateral security have been relaxed for limits up to --------a)
c)
b)
d)
Answers
SYSTEMS AND PROCEDURES IN AGRICULTURE - I
1
b
11
d
2
b
12
c
3
b
13
d
4
a
14
d
5
b
15
d
6
b
16
d
7
c
17
b
8
a
18
a
9
b
19
c
10
d
20
d
319
13. Bank pays interest on the current account balances maintained by our
sponsored RRBs @
a) 3.5%
b) No interest is being paid
c) 5%
d) 8%
14. The margin money requirement for agricultural term loan upto Rs. 1,00,000/- is
a) 10%
b) 15%
c) 20%
d) No margin
15. Where movable assets are not created and the loan amount is over Rs.1,00,000/-,
the borrower has to furnish security of
a) DP Note & Delivery letter, loan agreement
b) Only DP Note
c) Hypothecation of assets
d) Mortgage of land
16. The document AB6 is
a. Guarantee Agreement
b) Letter to the borrower demanding repayment of crop loan
c) Revival letter
d. Application for rephasement of term loan
17. The quantum of refinance extended by the NABARD for dryland development and
waste land development (where individuals are the beneficiaries) will be to the extent of
a) 50% of bank loan
b) 60% of bank loan
c) 75% of bank loan
d) 100% of bank loan
18. As per the revised guidelines of RBI , obtaining the No-due Certificate from
service area bank branch ........
a. is must for the lending branch .
b. is dispensed with for a Agl. loan amount upto Rs. 50,000/322
Answers
SYSTEMS AND PROCEDURES IN AGRICULTURE - II
1
d
11
b
2
d
12
a
3
b
13
b
4
a
14
d
5
c
15
d
6
a
16
b
7
b
17
d
8
a
18
b
9
a
19
a
10
a
20
d
323
2.
For conversion of crop loans to term loans which of the following is required
a) Annawari certificate
b) VAO Certificate
c) Technical Rep ort
d) MDO certificate
3.
4.
5.
6.
Monthly
Quarterly
Half yearly
No inspection to be undertaken till harvest time
Monthly
Quarterly
Half yearly
At the time of harvest
In case of regular ATL where moveable assets are created inspection should be
undertaken
a)
b)
c)
d)
Monthly
Quarterly
Half yearly
No inspection for regular ATL account
324
7.
In case of irregular ATL where moveable assets are created inspection should
be undertaken
a)
b)
c)
d)
8.
In case of regular ATL where immoveable assets are created inspection after
grounding of assets should be undertaken
a)
b)
c)
d)
9.
Monthly
Quarterly
Half yearly
Annually
11.
Monthly
Quarterly
Half yearly
Annually
In case of irregular ATL where immoveable assets are created inspection should
be undertaken
a)
b)
c)
d)
10.
Monthly
Quarterly
Half yearly
At the time of harvest
Forest Trees
Grasses
Fodder crop
Medicinal plant
3
12
13
14
325
5%
10%
15%
20%
15. The limitation period of mortgage is 12 years which will be counted from
a. Execution of document
b. Date of creation of mortgage
c. Due date of repayment
d. Date of filing legal suit
16. The mandatory percentage of agricultural advances to Net Bank Credit is ______
a) 15%
b) 25%
c) 40%
d) 18%
17. For the purpose of reporting in performance report, the advances to self help groups
(SHGs) should be categorised under
a) SBF sub-segment
b) SSI sub-segment
c) AGR segment
d) According to activity of SHG
18. The inspection visits are to be made by the field staff for
a) Pre-sanction survey
b) Post-sanction
c) Recovery of loans
d) All the above
326
2
a
12
b
3
c
13
c
4
d
14
c
5
a
15
c
6
c
16
d
7
a
17
c
8
d
18
d
9
a
19
d
10
d
20
b
327
329
b) 25%
d) None of above
14. If, targets under Agriculture financing are not achieved, shortfall is to be
contributed to
a.RBI
b.Central Govt.
c.Rural Infrastructure Development Fund of NABARD
d.None of th e above
15. In case of Agriculture Advance the general provision on standard asset is
a) 0.25%
b)0.40%
c) 1.00%
d) 10.0%
16. Up front fee for ATL is waived up to
a) Rs.50, 000
b) Rs.1, 00,000
c) Rs.2, 00,000
d) Rs.5, 00,000
17. The purpose of inspection is-------a) To ensure proper utilization of loans.
b) To establish and maintain a close and continuous
relationship between the Bank and borrower.
c) To ensure prompt repayment of dues.
d) All of the above
18.Maximum loan that can be sanctioned to farmers under Relief measures for farmers
indebted to Non-institutional lenders is-------------.
a)Rs. 25,000/b) Rs.50,000/c) Rs. 1,00,000/d) None of the above
330
Answers
SYSTEMS AND PROCEDURES IN AGRICULTURE - IV
1
a
11
c
2
c
12
b
3
c
13
b
4
e
14
c
5
a
15
a
6
d
16
c
7
b
17
d
8
d
18
b
9
c
19
c
10
c
20
c
331
9
5
b.
d.
7
3
6. The amounts of crop loans not collected due to natural calamity should be
converted in to term loan for a period up to.........years for Small /Marginal
Farmers.
a.
c.
9
5
b.
d.
7
3
332
7. Where damage to crops arising out of natural calamity is very severe and has caused
acute distress to the farmers and the calamity is for two successive years the branches
may in consultation with the Task Force/ Steering Committee of SLBC , grant extension
of converted loans for longer periods ranging up to.............years
a. 8 to 9
b. 10 to11
c. 3 to 4
d. 5 to 7
8. In extreme cases of hardship arising out of very severe loss to the crops , or
occurrence of three successive crop failures and the debt burden being found to
be beyond the immediate repaying capacity of the borrowers, conversion for
longer period up to a maximum period of ............years may also be considered in
consultation with the Task Force/SLBC.
a. 11
b. 5
c. 7
d. 9
9. In the case of Small/Marginal farmers, interest on the short term loan which has been
converted may be postponed and recovered in the next harvesting/marketing season
and there should be no compounding of interest outstanding on the short term loans in
such cases.
a. True
b. False
10. The rate of interest on the short term loans converted on account of natural calamity
should be...............
a. Higher than the crop loan
b. Lower than the crop loan
c. the same as was charged on the crop loan
11. What document is required to be obtained from the borrowers/guarantors
while granting facility of conversion of crop loan ?
a. AB-2
b. AB-6
c. AB-7
d. AB-5
333
24 months
48 months
b)
d)
36 months
60 months
13. In the event of natural calamities the Agl. Term loans instalments and interest
should be rescheduled for a period of ................years, keeping in view the repaying
capacity of the borrowers and extent of damage on account of the natural calamity .
a. 3 year and longer if the damage is severe
b. 1 years
c. 2 years
d 3 years maximum
14. In regard to natural calamity where only crop for that year is damaged and
productive assets are not damaged, the branches may postpone the payment of
instalments during the year of natural calamity, for a period of___
a.
c.
Three years
Two years
b.
d.
Five years
One year
15. The facility of reschedulement of Agri. Term Loans where only the crop for that year
is damaged due to natural calamity and productive assets are not damaged should not
be extended to those borrowers who are income tax payers.
a. True
b. False
16. The facility of reschedulement of Agri. Term Loans in case of drought should not be
extended to those borrowers who are having perennial sources of irrigation except
where water supply was not released from canals or irrigation facility was not available
from other perrenial sources.
a. True
b. False
17. In the event of a natural calamity like floods or cyclones where the productive assets
are partially or totally damaged and borrowers are in need of a new loan the repayment
of total Agl. Term loan including interest liability less the subsidies received from the
Govt. agencies and compensation available under insurance schemes may be fixed
having regard to the repaying capacity of the borrower and economic life of the new
assets financed subject to a maximum period of ...............years.
a.
c.
3
9
b.
d.
5
15
334
Answers
AGRICULTURE - V
1
a
11
c
2
c
12
c
3
a
13
a
4
d
14
d
5
d
15
a
6
c
16
a
7
d
17
d
8
d
18
a
9
a
19
a
10
c
20
a
335
b) 65
d) No age limit
8. Personal Accident Insurance Scheme for KCC holders covers risk up to Rs. ----- in
case of death due to accident or permanent total disability i.e. (loss of 2 eyes/2 limbs / 1
eye and1 limb)
a) Rs. 1, 00,000/-.
b) Rs. 50000/c) Rs. 25000/d) None of the above
9.Amount of annual premium to be paid to designated Insurance Co. under Personal
Accident Insurance Scheme is ---------------------------a) 1% of KCC limit per KCC holder
b) 2% of KCC limit per KCC holder
c) Rs.15/- per KCC holder
d) None of the above
10.Under Personal Accident Insurance Scheme, the amount of premium is borne by
a) KCC holder
b) Bank
c) Shared by Bank and borrower in the ratio of 2:1
d) None of the above
11.Which insurance company is authorised to undertake servicing of business under
PAIS?
a) National Insurance Company Ltd.
b) The Oriental Insurance Company Ltd.
c) The New India Assurance Company Ltd.
d) Any of the four companies as per zone wise allocation
12.What is the process of premium payment under PAIS?
a) Branches sent direct to the company
b) Sent by ABU at LHO
c) Paid at bank level by the Central Office
d)Regional Offices of Commercial Banks will pay the premium to the nearest designated
office of the Insurance Company along with the list of KCC holders
337
13.Time limit for lodging claims under Personal Accident Insurance Scheme is---a) 30 days.
b) 60 days.
c) 3 months
d) None of the above
14. The progressive farmers can be financed up to a maximum of ____ under KCC
a) Equal to SOF advised by DLTC.
b) Upto thrice above SOF.
c) Upto twice SOF by DLTC.
d) Assessed on case to case basis
15. While fixing limit of the borrower under KCC, the branch may take into Account
production credit requirements of the farmer for________
a) A Month
b) A Quarter
c) A Half- Year
d) A Year
16. The credit limit of borrower under KCC scheme is required to be reviewed---a) Every Year
b) After Two Years
c) After Three Years
d) Not reviewed
17.Which of the following requirements are treated as ancillary needs --------------a.Fuel/Power cost.
b.Repair & maintenance of Agricultural Machinery/Equipments
c.Minor investment of short term nature & Post harvest expenses.
d.All of the above .
18. The farmer- borrower can avail contingent credit needs under KCC up to ____
a) 10% of peak credit limit, max. Rs. 5000/b) 15% of peak credit limit, max. Rs. 10,000/c) 20% of peak credit limit granted for production purpose
d) 20% of total production credit limit
338
340
Answers
ACC/KISAN CREDIT CARD (KCC) AGR- VI
1
c
11
d
21
c
2
d
12
d
22
d
3
d
13
a
23
d
4
d
14
c
24
d
5
d
15
d
25
c
6
d
16
a
26
c
7
c
17
d
27
b
8
b
18
c
28
c
9
c
19
a
29
b
10
c
20
c
30
a
341
7. How many accounts can be opened by the borrower financed under KGC----a) 1
b) 2
c) 5
d) any number of a/cs
8. The Kisan Gold Card is valid for a period of ________years.
a) One
b) Two
c) Three
d) Five
9. The loans sanctioned under Kisan Gold Card are treated as --------accounts.
a) ACC
b) ATL
c) Term Loan
d) None of the above
10. What is the usual norm of repayment under KGC-------a) 3 to 4 years
b) 4 to 5 years
c) 6 to 7 years
d) 8 to 9 years
11. Kisan Gold Card scheme (KGC) is applicable to
a) Small and Marginal farmers only.
b) Progressive farmers only
c) Highly progressive farmers only
d) All farmers irrespective of the size of their land holdings.
12. What are the activities that have recently been excluded from the list of activities
financed under KGC?
a) Purchase of land
b) construction of farm house
c) purchase of tractor and accessories
d) All the above
13. KGC limit can be sanctioned to
a. Existing Borrowers maintaining standard loan accounts for last 2 years.
b. Farmers who have closed their accounts without any default & who are not our
current customers
c.Good borrowers of other banks provided they liquidate their outstanding with other
banks
d. All the above
343
b.
d.
10-15%
15-25%
27. Whether loans under ACABC are covered under CGTMSE scheme
a. Yes, all activities irrespective of loan amount
b. Yes, all activities above Rs. 5 lacs
c. Yes, few activities are covered
d. No
28. What is the quantum of NABARD refinance available under the scheme?
a. 25%
b. 100%
c. 10%
d. Not available
345
1
c
11
d
21
c
2
a
12
d
22
b
3
c
13
d
23
b
4
d
14
a
24
d
5
d
15
c
25
c
6
d
16
c
26
d
7
c
17
d
27
c
8
a
18
d
28
b
9
b
19
d
29
d
10
c
20
c
30
d
346
348
349
Answers
ARTHIAS PLUS, CROP INSURANCE & PRODUCE MARKETING LOAN AGR-VIII
1
d
11
a
21
c
2
b
12
c
22
d
3
a
13
c
23
a
4
c
14
b
24
c
5
d
15
b
6
b
16
a
7
c
17
d
8
c
18
b
9
b
19
b
10
b
20
d
350
351
Answers
LAND PURCHASE SCHEME, FINANCING RURAL GODOWN , COLD STORAGE,
SCHEME FOR FINANCING TO PRIVATE COLD STORAGES/WARE HOUSES
AGR - IX
1
d
11
b
2
a
12
d
3
a
13
b
4
b
14
b
5
c
15
c
6
c
16
c
7
c
17
c
8
d
18
b
9
c
19
c
10
a
20
b
354
355
356
15. SB account and loan account to SHG should be opened in the name of --------a) The leader of the group
b) Office bearers of the group
c) All the members of the group jointly
d) Self Help Group only
16. Six month period for considering bank linkage is reckoned from the date of
a) Formation of group
b) Opening of SB account
c) Commencement of internal lending
d) None of the above
17. SHG Bank credit linkage can take the form of
a) SHGs financed directly by banks
b)SHGs financed directly with NGOs facilitation
c)Indirect finance to SHGs through NGOs/MFIs
d)All of the above
18. What documents are to be obtained for financing to SHG?
a) Application, Inter-se agreement, Articles of Agreement, sponsorship
letter,arrangement letter
b) AB-1, AB-3 or AB-2, Arrangement Letter
c) Tripartite agreement between the Bank, SHG and NGO
d) None of the above
19. Financing of SHGs is preferred because__________________
a) 100% NABARD refinance is available
b) it is priority sector lending
c) Branches get remuneration in TPM
d) All the above
20. While sanctioning loan to SHG , purpose for which loan is required is decided by
a) Branch Manager
b) DRDA
c) BDO
d) Group
Answers
SELF HELF GROUP AGR-X
1
c
11
c
2
b
12
b
3
a
13
b
4
c
14
b
5
d
15
d
6
c
16
a
7
c
17
d
8
c
18
a
9
c
19
d
10
d
20
d
357
358
7. Which of the following is not a criterion for NGO to be eligible for payment of incentive
a) Should be registered under Societies act/trust act
b) Minimum period of existence should be 3 years.
c) It should not be blacklisted
d) It should have extended finance to SHG
8. Out of the incentive given to NGO ----% is given on formation of SHG and opening of
Saving Bank a/c
a) 40
b) 30
c) 50
d) 20
9. Under SHG Gold Card minimum loan that can be given is Rs------a) 2.00lacs
b) 0.50lacs
c) 1.50lacs
d) 2.50lacs
10. While sanctioning loan to SHG purpose for which loan is required is
decided by
a) Branch Manager
b) DRDA
c) BDO
d) Group
11. The important benefits to the members of Group is
a) Social empowerment.
b) Financial empowerment
c) a & b
d) None of the above
12. Processing charges for SHG loans are
a) nil
b) Rs500 per loan
c) Rs250 per loan
d) Rs1000 per loan
13. NABARD provides refinance upto ----%of loan amount given to SHG .
a) 50
b) 100
c) 75
d)60
359
stands for
360
Answers
SELF HELF GROUP (I) AGR-XI
1
c
11
c
21
a
2
a
12
a
22
d
3
d
13
b
4
b
14
c
5
a
15
a
6
d
16
d
7
d
17
b
8
c
18
a
9
a
19
a
10
d
20
d
361
362
363
364
2
c
12
c
22
a
3
b
13
d
23
a
4
c
14
b
5
b
15
d
6
c
16
d
7
c
17
b
8
d
18
c
9
b
19
b
10
a
20
b
365
367
368
Answers
SGSY AGR- XIII
1
a
11
b
2
d
12
b
3
c
13
b
4
a
14
a
5
b
15
b
6
c
16
b
7
a
17
a
8
c
18
c
9
c
19
c
10
a
20
c
369
SGSY (i)
AGR- XIV
1. Loan application under SGSY ordinarily should be disposed off with in a
period of ----days and not later than ----a) One week, 1 month
b) 10 days, 2months
c) 15 days, 1 month
d) None of the above
2.Maximum subsidy for swarojgaris under irrigation projects.
a) Rs1.00lac
b) Rs1.5lac
c) No ceiling
d) Rs2.5lac
3. The unit cost as fixed by ------------------- should be taken into consideration as
indicative cost while fixing the unit cost for the farm sector when identifying key activities
for assistance of poor families.
a) regional Committee of NABARD
b) regional Committee of RBI
c) Distt Committee of DRDO
d)Distt Committee of SGSY
4. Disbursements under SIB sector may be disbursed in cash upto
a) Rs. 20,000
b) Rs. 10,000
c) Rs. 30,000
d) None of the above
5. In case of loans for individuals upto Rs. 50,000/- and to group upto Rs5.00lacsecurity
to be obtained wherever movable assets are created are --------.
a) Only hypothecation of assets created Out of Banks finance
b) Mortgage of landed property.
c) a & b
d) None of the above
6. Security norms for loans to individuals exceeding Rs. 50,000/- and to groups
ecxceeding Rs5.00lacs are
a) Hypothecation of assets created out of Bank finance.
b) Collateral in the form of marketable security, title deed .
c) a & b
d) None of the above
370
14. For a loan under SGSY scheme with repayment period of 7 years, lock in
period for subsidy adjustment is --------years.
a) 3 years
b) 4 years
c) 5 years
d) None of the above
15. For a loan under SGSY scheme with repayment period of 5 years, lock in
period for subsidy adjustment is --------years.
a)5 years
b) 4 years
c) 3years
d) 6years
16. Maximum age of Swarozgari for availing group insurance should be------- at the time
of sanction of loan.
a) 55
b)45
c) 60
d) 65
17. Group Life Insurance Scheme for SGSY beneficiaries is in operation:
a) till the repayment of loan
b) For a period of 5 years from the date of commencement of coverage.
c) a or b which ever is earlier.
d) a or b which ever is later.
18. Banks may provide consumption loans to individual Swarojgaris not exceeding
a) Rs. 5,000/b) Rs. 10,000/c) Rs. 2,000/d) None of the above
Answers
SGSY (i) AGR- XIV
1
c
11
c
2
c
12
b
3
c
13
c
4
b
14
b
5
a
15
c
6
c
16
c
7
a
17
c
8
c
18
c
9
a
10
b
372
373
Q.7 Maximum loan amount that can be sanctioned under Agri Gold Loan is
a. Rs 3.00 lacs
b. Rs 10. 00 lacs
c. Should not be more higher than the advance value of the Gold/ Silver
ornaments pledged
d. 5 times of Annual Farm Income
Q.8 Repayment period stipulated for Agri Gold Loan sanctioned for crop
production is
a.6 Months
b. generally not to exceed 12 Months
c.18 Months
d.30 Months
Q.9 Repayment period stipulated for Agri Gold Loan sanctioned for other than
production credit is
a.6 Months
b.12 Months
c.18 Months
d.36 Months
Q.10 Method prescribed by Bank for testing the purity of gold while sanctioning
gold loan is
a. Touch Stone method
b. Nitric Acid Test
c. Specific Gravity Method
d. Any one of the above Methods
Q.11 Loans under Agricultural gold loans are reckoned as-----a. Direct finance to agriculture
b. Indirect finance to agriculture
c. As per the activity
d. Unsecured loans
Q12 Value of gold is declared for ____ carat purity
a) 18
b) 22
c) 24
d) 18/22/24
Q13. Who is responsible for ensuring genuineness and purity of gold ornaments ?
a) Branch manager
b) Cash officer/ Award Cash officer
c) Accountant
d) Any one
374
375
1
D
11
A
20
D
2
d
12
d
21
c
3
b
13
b
4
d
14
a
5
d
15
a
6
d
16
D
7
c
8
b
17
d
9
d
18
d
10
d
19
C
376
377
378
379
Answers
GENERAL CREDIT CARD (GCC), SHG CREDIT CARD AND SHG GOLD CARD,
KRISHAK UTHAAN YOJNA AGR- XVI
1
b
11
d
2
d
12
d
3
c
13
a
4
d
14
b
5
d
15
d
6
b
16
c
7
d
17
d
8
d
18
d
9
a
19
a
10
b
20
d
380
7. What percentage of assets of the Rural and Semi urban branches is expected to be
brought in by BFs and BCs?
a) 15%
b) 25%
c) 30%
d) 35%
8. Which type of entities could be ideal alliance partners?
a) India Post due to their out reach and sheer numbers
b) NGOs based on their coverage
c) Section 25 (i.e. Not for profit) companies, such as Zeromass.
d) all above
9. What would be the products which would be prescribed for alliances?
a) Assets
b) Liabilities
c) Both assets and liabilities
d) There is no fixed list of products.
10. For availing the services of BC/BF
a) Their police verification is necessary
b) Only references are necessary
c) None of the above
11. In case of Zero Mass Alliance, what is the type of arrangement and where all
extended?
a) This is a Business Correspondent arrangement and currently on at 61 Customer
Service Points (CSP) spread over Mizoram, Uttarakhand, Andhra Pradesh and Uttar
Pradesh
b) This is a Business Facilitator arrangement and currently on at 100 Customer Service
Points (CSP) spread over Nothern states
c) This is a Business Correspondent arrangement and currently on at all India level
d) None of the above
12. What are the main objectives of the alliances?
a) Increasing the outreach.
b) Greater financial inclusion.
c) Ride on the technology which we have pioneered and multiply our customer base
many times.
d) all above
382
19. Can the Channel Mgr/CMA visit a customer jointly with the outlets of these alliance
partners?
a) No
b) Yes
c) In this process we need, through the mechanism of Chl. Mgr, to put in more than the
required/commensurate efforts by way of sensitization, handholding support, making
available other enablers like stationery, publicity initially.
d) b. & c.
20. Who else should visit the outlets of the alliance partners whether they are BCs or
BFs?
a) Staff of Link branch
b) BM of Link branch
c) The AGM & the CM (Rural) of the Region
d) all above
21. What is the difference between a BC and BF?
a) Difference in areas of operation.
b) A Bf does not deal with loans of Link branch
c) A BF will only source applications for deposits / loans /
cross selling. A BC in addition to the activities of the BF
will also carry out small value transactions.
d) None of the above
22. How will the branch / CPC know that an application has been
sourced by a BC/BF?
a) The BC/BF will brand a rubber stamp with their name on the application
sourced
b) The rubber stamp will also include the code no of the BF/BC
c) the Branch will enter the BC/BF code in the Core Banking Menu.
d) All of the above
23.
384
1
c
11
a
21
c
2
a
12
d
22
d
3
d
13
c
23
d
4
c
14
d
5
d
15
c
6
a
16
d
7
b
17
c
8
d
18
d
9
d
19
d
10
a
20
d
385
for preceding 6
branch official,
for preceding 6
branch official,
for preceding 6
branch official,
Q 2) What is the min. and max. loan amount under SBI Tiny SB cum- OD Account ?
a) Rs. 5,000/- and Rs. 25,000/b) Rs. 1000/- and Rs. 25,000/c) Rs. 2000/- and Rs. 25,000/d) None of these
Q 3) What is period of repayment under SBI Tiny SB cum- OD Account ?
a)
b)
c)
d)
3.
SWO preparing the note packets remains responsible for both the quality and
quantity of the notes in the packets prepared by him for denominations of Rs.1/- to
Rs. ------------------:
a)
c)
4.
Cash Officer
Joint Custodian of Cash other than Cash Officer
Deputy Head Cashier
Any Cashier
10
100
b)
d)
50
500
After the note packets of Rs.500/- & Rs.1000/- are recounted and signed by the
Cash Officer, the SWO who prepared the note packets would be responsible for --------of notes in the packet,
a) Quality only
c) Both, Quality & Quantity
b)
d)
Quantity only
None of the above
Daily
Every Friday
b)
d)
Not Verified
Weekly
b) Treasury Officer
d) None of the above
387
Rs. 500/- with a minimum of Rs. 1000/Rs 5000/- with a minimum of Rs. 10000/Rs.50,000/- with a minimum of Rs. 1,00,000/None of the above
9. While paying an instrument the paying cashier/SWO cancels the signature of:
a) Drawer of the instrument
c) Payee/person receiving payment
b)
d)
Passing Officer
None of the above
b)
d)
11. How many Guards, other than the person accompanying the cash, will escort the
remittance of Rs. 85. 00 lacs.
a)
b)
c)
d)
b)
d)
13. RBI has prohibited stapling of currency notes by a directive issued under:
a)
b)
c)
d)
b) RBI directly
d) No reimbursement is claimed
388
b) up to Rs 2/d) up to Rs 5/-
16. In the event of wrong/delayed reporting of currency chest figures, Bank has to pay
penalty @ -----a) Saving Bank Interest rate
c) Applicable rate for time deposits
b)
d)
b)
d)
18. The numerals are printed in Optically Variable Ink on the currency notes in the
denomination of:
a) Rs. 1,000/-only
c) Rs. 100/- to Rs.1000/-
b) Govt. of India
d) Ministry of Commerce
20. A remittance from one Currency Chest to a Currency Chest of another bank is
affected----------a) By debit to Link branch
c) No entry need be passed
21. When excess cash is found at the end of the day, it is to be----------a) Paid to the concerned cashier
c) credited to charges account
389
b) Rs.50,000
d) Rs 75,000
25. What kind of cash box is provided to the SWO/Asstt. Cash for overnight cash
retention?
a) Box
c) VIP bag is provided
26. Who is the custodian of cash box overnight and what are their responsibilities?
a) joint custody of CO/CIC and ager
b) CO/CIC
c) Accountant/Service Man
d) Cash Box shall remain overnight in joint custody of CO/CIC and
Accountant/Service Manager, the cash in the drawer shall continue to remain in the
single custody of SWO/ Assistant(Cash) as the key of Cash Box shall remain with
the SWO/ Assistant(Cash).
27. What is the cash verification (SWO/Asstt. Cash) system available under the new
procedure?
a) Not required
b) verified once in a month
c) system generate a random list of Cash Boxes required to be verified daily either
at the beginning/end of the day
d) system shall generate a random list of Cash Boxes required to be verified daily
either at the beginning/end of the day in such a way so as to ensure verification of
cash of all SWOs/Cashiers at least once every week
390
1
b
11
b
21
b
2
c
12
c
22
a
3
c
13
a
23
d
4
a
14
a
24
c
5
c
15
a
25
b
6
d
16
b
26
d
7
c
17
c
27
d
8
c
18
d
9
a
19
b
10
c
20
c
391
PPF SCHEME
1
b) 2
d) One each in the name of minor child
b)
d)
What is the maximum amount that can be deposited in a PPF account during
a year?
a) Rs. 60000
c) Rs. 80000
b)
d)
b)
d)
12
15
2
5
An irregular PPF account due to non deposit of minimum Rs. 500/- in a year,
can be regularized by paying a penalty fee of Rs. ____per year for each year
of default with cumulative effect
a) 10
c) 30
Rs. 70000
Rs. 100000
b)
d)
100
1000
b)
d)
20
50
1st
7th
b)
d)
5th
10th
392
The balance in PPF account of Mr. S.K. Sharma with State Bank of India,
Panchkula is Rs. 1,00,000 as on 01-04-2009. Mr. Sharma deposited a
cheque for Rs. 30,000 on 05-04-2009 drawn on ICICI Bank, Panchkula which
was paid in clearing on 07-04-2009. Mr. Sharma will get interest for the
month of April 2009 on Rs. _____
a) 1,30,000
c) 1,15,000
10
20
b)
d)
2
No Limit
b)
d)
14
b)
d)
If a minor attains the majority before the expiry of the term for which PPF
account was opened, who will operate the account?
a) Natural Guardian
c) Court appointee
13
Two
No limit
For how many times, a PPF account can be extended after the completion of
maturity for a further block of 5 years?
a) 1
c) 3
12
b)
d)
For how many years, a PPF account can further be extended at a time?
a) 5
c) 15
11
1,00,000
None of above
10
b)
d)
b)
d)
10
None of above
b)
d)
DGM
Ministry of Finance, GOI
393
16
5
7
b)
d)
2nd
preceding
If the PPF account is continued after maturity for a further block of 5 years,
how many withdrawals in a year are allowed?
a) 1
c) 3
19
b)
d)
The amount of withdrawal of PPF will be limited to 50% of the balance at the
credit at the end of the 4th year immediately preceding the year in which the
amount is withdrawn or at the end of the ____year, whichever is lower
a) Ist
c) 3rd
18
Rs. 100000
No limit
First withdrawal in a PPF account can be made after the expiry of ____years
from the end of the year in which the initial subscription was made
a) 4
c) 6
17
b)
d)
b)
d)
2
5
In case of extended PPF accounts, withdrawal shall not exceed ___% of the
balance lying in the account at the time of maturity (prior to extended period)
a) 50
c) 70
b)
d)
60
80
20
First loan in a PPF account can be granted in the _____financial year from
the financial year in which the account was opened
b)
2nd
a) 1st
c) 3rd
d)
5th
21
What is the limit fixed for subscribing in a PPF account where default along
with penalty is required to be deposited ?
a) Should not exceed 70000/b) 70000/- plus penalty
c) 70000/- plus default and penalty d) 70000/- plus default
22
KEY TO ASSIGNMENT
PPF SCHEME
1
6
11
16
21
d
d
d
b
a
2
7
12
17
22
c
b
b
d
c
3
8
13
18
b
a
a
a
4
9
14
19
b
d
d
b
5
10
15
20
a
a
b
c
395
No loan on PPF account can be granted after the expiry of ____years from
the end of the year in which the initial subscription was made
a) Three
c) Five
b)
d)
50
75
b)
d)
Twice
No limit
Four
Six
How many times, loan can be granted against PPF deposit in a year?
a) Once
c) Thrice
b)
d)
The amount of loan against PPF deposit will be restricted to ____% of the
amount credit at the end of 2nd year immediately preceding the year in which
the loan is being granted
a) 25
c) 60
d)
b)
31st March
th
30 September
b)
d)
24
48
After the principal amount of PPF loan is fully repaid, the subscriber shall pay
interest @ 1% p.a. in _____monthly installments
a) 1
c) 3
b)
d)
2
5
396
4
8
10
b)
d)
b)
Mr. Anil Pant has deposited Rs. 80,000/- in his PPF account on 30-03-2009.
How this case will be dealt with?
a) Rs. 10,000 will be returned back to Mr. Pant immediately and no interest
on Rs. 10,000 will be paid
b) Rs. 10,000 will be returned back to Mr. Pant immediately but interest on
Rs. 10,000 will be paid
c) Interest on full amount of Rs. 80,000/ will be paid
d) None of above
11
Ms. Pooja Arora is maintaining a PPF account. Now she is married and her
surname has been changed to Mutreja. How we shall deal with this situation?
a) Account will be continued as it is, no need for any change
b) Her surname will be changed in the records after taking documentary
evidence of her marriage and she will operate her account accordingly
c) Joint account will be opened with her husband
d) None of above
12
13
Which amongst the followings cannot open new PPF accounts as per the
extant instructions?
a) HUF
b)
NRI
c) Individuals
d)
Both a & b
Govt. of India has instructed all the authorized branches dealing with PPF
business to pay commission to agents of PPF at source w.e.f. _____
a) 01-04-2004
c) 01-06-2004
b)
d)
01-05-2004
01-07-2004
397
14
15
b)
d)
16
b)
d)
Service Tax
Both (a) & (b)
17
2
5
b)
Revival Fee
d)
None of above
b)
d)
KEY TO ASSIGNMENT
PPF SCHEME -II
1
6
11
16
b
c
b
c
2
7
12
17
b
b
d
d
3
8
13
c
c
c
4
9
14
a
a
a
5
10
15
a
a
d
398
A govt. bill passed by Treasury Officer is valid for _____days including the
date of passing
a) 7
c) 15
TO Pass Book
Courier
b)
d)
VDMS
SGLO II
____is a statement sent by Treasury Office to the branch after due verification
b)
d)
VDMS
SGLO II
Income Tax Refund Orders (ITRO)/ Cheques are valid for _____month from
the date of issue
a) One
c) Three
b)
d)
a) DMS
c) SGLO I
7
08-04-09
31-03-09
a) FSLO (LHO)
b)
ZO
c) GAD, Mumbai
d)
RBI
Daily summary along with related vouchers and scrolls are sent to Treasury
Office by _______
a) DMS
c) SGLO I
6
b)
d)
a) Messenger book
c) Regd. Post
5
10
30
b)
d)
b)
d)
Two
Six
d)
b)
Simple discharge
None of above
399
10
Paying Branch should obtain ______from the payee on Income Tax Refund
Cheque
a) Discharge on revenue stamp
b)
Simple discharge
c) No need for any discharge
d)
None of above
Advices of Income Tax Refund Orders (ITROs)/Cheques exceeding Rs.
______are sent by Income Tax Office to the paying branches
a) 99
c) 9999
b)
d)
999
99999
11
12
13
14
b)
d)
50
100
15
16
On Line Tax Accounting System (OLTAS) has come into effect from _______
a) June 2004
c) August 2004
b)
d)
July 2004
September 2004
400
How many number of forms for depositing the tax have been introduced
under OLTAS?
a) 1
c) 3
18
200,300,400
280,281,282
b)
d)
Two
Four
Which amongst the following type of challan forms for depositing the tax by
the depositor under OLTAS, will not be accepted by the bank?
a) B/W Xerox copy
c) Old challan forms
21
b)
d)
How many copies of relative challan, a depositor has to submit for depositing
the tax under OLTAS?
a) One
c) Three
20
2
4
Which forms amongst the followings, have been introduced for depositing the
tax under OLTAS?
a) 100, 200,300
c) 180,181,182
19
b)
d)
b)
d)
401
b) RBR- 11
d) all of the above
25. To avoid opportunity loss of interest branches have to ensure dispatch of the
below mentioned papers on the very next day of the transaction irrespective of
the amount involved by the fastest mode to GAD.
a)
b)
c)
d)
26. If the amount of RBI encashment exceeds Rs.25 lacs under noted papers are to
be faxed to GAD.
a) RBR-11 GAD-11 & RBR 11 along with Original paid draft
b) GAD-11 only
c) RBR-11 & original draft paid
e) Only Draft has to be retained at the branch
27. In case original draft paid is lost in transit than a certificate in lieu of lost paid
voucher is prepared on format..
a) RBR 12
b) RBR- 18
c) RBR 20
d) Photocopy of the draft
duly attested may be sent
1
6
11
16
21
26
b
b
d
a
c
c
2
7
12
17
22
27
KEY
GOVERNMENT BUSINESS -I
d
3
a
4
b
c
8
b
9
c
b
13
c
14
c
c
18
d
19
a
d
23
d
24
d
c
5
10
15
20
25
a
c
a
c
a
402
b)
d)
Mr. K. P. Rai visited SBI Panchkula on 01-01-2009. He does not have PAN
No but intends to deposit the income-tax. How this situation will be dealt
with?
a)
b)
c)
d)
b) 25-04-2009
d) 042509
While filing income tax return under OLTAS, a customer has to ______
a)
b)
c)
d)
Under OLTAS, the collecting branch will be sending the data through
electronic mode to:
a) LHO
c) Nodal Branch
Circle Code
Branch Code
b)
ZO
d)
Nodal branch under OLTAS, will be transmitting the data received from the
collecting branches to _______
a) LHO
b)
RBI
c)
ZO
d)
GAD, Mumbai
403
Under OLTAS, GAD Mumbai will settle the funds with _______
a) RBI Mumbai
c) RBI CAS, Nagpur
b)
d)
The maximum period for crediting the tax collections under OLTAS to Govt.
Account at CAS, Nagpur is T + ____days (Excluding Holidays)
a) 3
10
11
b)
c)
d)
10
If govt. account is not credited within the stipulated period under OLTAS,
interest @ Bank Rate + ______% will be charged
a) 1
b)
2
c) 3
d)
4
A new challan form introduced by CBEC-EASIEST FOR DEPOSIT OF
Central Excise &
a) GEST 7
c) EASIEST-7
12
b) GAR-7
d) GESTC-7
For conducting govt. business, the relationship of RBI with SBI is that of
_____and ______
a) Licensor, Licensee
c) Bailor, Bailee
b)
d)
Principal, Agent
None of above
b)
14 Life Certificate from pensioner is obtained every year in the month of ______
a) May
c) November
15
b)
d)
June
December
b)
d)
GAD 3
GAD 12
404
16
17
b)
d)
Monthly transactions
None of above
b)
d)
6
12
18.
19
KEY
GOVERNMENT BUSINESS -II
1
6
11
16
d
c
b
c
2
7
12
17
d
d
b
b
3
8
13
18
c
c
d
a
4
9
14
19
c
a
c
c
5
10
15
a
b
b
405
b) Re 1
d) No charges
Not necessary
Mandatory
Certificate from concerned Embassy
Identification can be done by existing A/c holder
6 Every branch will be paid Rs------- for each pension account opened by debit
to LHO Charges A/c
a) 500
c) 250
b) 100
d) No such provision
7 Branches can lodge a claim each time a block of -------- new accounts is
opened irrespective of the length of the period in which these accounts are
opened.
a) 5
b) 10
c) 25
d) 20
406
b) 5/500
d) No such provision
b) 5/ 500
d) 15/2000
b) HUFs
d) All
b) T+5
d) 3
b) T+5
d) 3
b) Commission
d) Delayed period interest
407
c
b
c
c
2
7
12
b
c
a
3
8
13
a
b
a
4
9
14
c
c
b
5
10
15
b
c
d
408
2.
b) 01/07/07
d)01/10/07
3.
4.
As per RBIRFS- 2007 ( Revised) our bank will not submit the reimbursement
claim for instruments issued by RBI Offices and encashed by our branches .
Instead, RBI will credit on a.the consolidated amount of drafts issued
by them, to our account opened at various DADs of RBI.
a) Monthly basis
c) Weekly basis
5.
b) Fortnightly basis
d) Day-to-day basis
In case of instruments issued by Agencies other than RBI paid and paid by the
SBI branches the branches need to prepare..
a) GAD 11 (9595)
c) Sch. 7 only
d) a & B above
e) all of the above
6.
b) RBR- 11
The details of the drafts issued by RBI will be sent to the respective nodal
branch by e-Mail containing DD number , date place and code number of our
branch on which draft has been issued, amount & name of the beneficiary
by.
a) RBI
c) GBU
b) GAD
d)LHO
409
7.
The.. will communicate the details of the drafts issued by RBI to the
drawee branches on receipt of the relative funds from RBI .
a) Main Branch which will function as a NODAL branch
b) RBI
c) GAD
d)None of the above
8.
9.
10.
a) RBI offices
b) SBI branches
c) No advice will be sent
d) Infromation will be available on SBI
Times
11.
12.
Besides daily report of receipt and payments regarding RBI drafts , SBI
main branches will submit a statement to GAD Navi Mumbai for
statistical purpose.
a) Monthly
c) Fortnightly
13.
b)GAD
d)GBU
b) Quarterly
d) Yearly
14.
In case of drafts issued by our branches the branches will credit GAD through
.. and forward RBR-7 to .
a) RBI Drafts a/c , GAD
c) Govt .Gen. Account, Nodal Branch
15.
b) BCGA , GAD
d) Nodal Branch , GAD
If the amount of RBI encashment exceeds Rs.25 lacs under noted papers are
to be faxed to GAD.
a)RBR-11 GAD-11 & RBR 11 along with Original paid draft
b) GAD-11 only
c) RBR-11 & original draft paid
d)Only Draft has to be retained at the branch
16.
In case original draft paid is lost in transit than a certificate in lieu of lost paid
voucher is prepared on format..
a) RBR 12
c) RBR 20
b) RBR- 18
d) Photocopy of the draft
duly attested may be sent
KEY
RBI REMITTANCE FACILITY SCHEME-2007
1
6
11
16
b
a
a
c
2
7
12
d
a
a
3
8
13
f
d
b
4
9
14
d
b
b
5
10
15
d
b
c
411
b)
d)
ELRECON
VIRAT
NOSTROM
VIHAR
SBICOM
SBISYS
b)
d)
SBINET
None of the above
E-TAX facility being provided to the taxpayers to make income tax payments
through internet using net banking facility can be used for paying
a) Corporation Tax, Income Tax and Wealth tax
b) Making payment of tax deducted at source
c) For making payment of other taxes like interest tax, gift tax etc.
d) All of the above
b)
d)
Fund based
Both (a) & (b)
b)
d)
Non-fund based
None of above
b)
d)
INFOSYS
TCS
WIPRO
SATYAM INFOWAY
412
10
d)
b)
ICRA
None of the above
11
CRISIL
Verisign
SIFY
TCS
b)
d)
Infosys
Wipro
12
13
14
b)
d)
Wireless Application
Protocol
Wind and Power
b)
c)
d)
What is Convergence
a)
b)
c)
d)
Connectivity problems
Both a or b
b) System problems
d) None of the above
Cash withdrawal
Transfer of fund from one
Account to another account
b)
d)
Cash deposit
All of the above
413
16
Which was the first, most popular e-based bookshop in the world
a)
c)
17
yahoo.com
ebook.com
What is EIS
a)
c)
19
amazon.com
None of the baove
What is SBI-FAST
a)
c)
18
b)
d)
External information
None of the above
What is INFINET
a)
Information on Internet
b)
c)
d)
1
b
11
d
2
b
12
a
3
d
13
b
4
c
14
a
5
b
15
c
6
b
16
d
7
b
17
b
8
d
18
b
9
c
19
c
10
a
20
b
414
Name the two organizations with whom SBI has tie up for co-brand SBI Smart
cards
a) Indian Oil Corporation & Indian Air Force
c) No such tie up.
b)
c)
d)
c)
b)
d)
Internal console
none of the above
TCS
IT FORUM is published by
a)
c)
Inter connected
Image of console
Uniform power
system
none of these
b)
d)
SBA, Gurgaon
None of the above
b)
d)
415
What is POP
a)
c)
b)
d)
What is RAS
a) Name of the soft drink from RASNA
b) Remote Access sever , to make non networked branches as part of
communication revolution within SBI
c) Real access software
d) None of the above
10
11
Expand MICR
a)
c)
12
b)
d)
15
b)
d)
14
Read on memory
Read out memory
13
b) Magnetic ink
Character Recognition
d) None of the above
Word
Power point
b)
d)
Excel
Access
b)
d)
Main Memory
All of the above
CPU consist of
a)
c)
ALU
Control Unit
416
16
17
18
b)
Ist July
11th July
Under the Fast Cash option , cash can be withdrawn in fixed amounts of ------from the State Bank ATMs
a) Rs. 1000/- , Rs. 2000/b) Rs. 5000/- , Rs. 10,000/-.
c) Rs.1000/-,, Rs. 2000/-, Rs3000/- or Rs. 5000/d) None of the above
19
20
Hyderabad
Bangalore
b)
d)
Chandigarh
None of the above
b)
d)
1
A
11
B
2
B
12
B
3
A
13
B
4
C
14
C
5
C
15
D
6
C
16
B
7
B
17
A
8
b
18
C
9
B
19
C
10
B
20
B
417
When your ATM-cum-Debit card is lost or misplaced what immediate steps would
you take ?
a) Contact Toll free help line, inform loss of card and make request to
HOT/Block the card and stop the operations of the card.
b) Inform immediately the card issuing branch telephonically about the
loss of card followed by written request to make the card Hotlisted
/blocked
c) Both a & b.
d ) None of the above
b)
d)
MAN
LAN
What are the charges for new Domestic ATM card issue?
a)
c)
WAN
TAN
Rs. 200
Rs. 50
b)
d)
Rs. 500
Free of cost
What is the name of the traveller loyalty card jointly launched by the Indian
Railways and SBI Card ?
a)
c)
SBI Shubyatra
IR Shubhyatra
b)
d)
Shubhyatra
None of the above
418
State Bank of India is forging ahead to obtain certification for its ATM and Core
Banking Solution under the British standard for information security
management, providing a comprehensive set of controls for best practices in
information security. What is that certification called ?
a)
c)
b)
d)
BS7799
None of the above
A new payment system which takes care of transactions between SBI and
Associate banks is :
a)
c)
SB7788
SB7799
RTGS
GRPT
Using onlinesbi.com,
transaction/business :
b)
d)
a
retail
NEFT
None of the above
customer
cannot
do
the
following
What are the annual charges to be levied from an existing ATM card holder ?
a)
c)
11
Rs. 50
None of the above
b)
Bank of Baroda
d)
None of the above
What are the charges levied by the bank for issuance of duplicate ATM card?
a)
c)
13
b)
d)
12
Rs. 100
Rs. 150
b)
d)
Rs.100
Rs.500
b)
d)
419
14
RTGS is a :
a)
c)
15
Payment System
Both a & b
b)
d)
Receipt System
None of these
16
17
Rs. 25,000/Rs.50,000/-
b)
d)
Rs.40,000/Rs.5,00,000/-
Under retail Internet Banking, what is the maximum limit for third party transfer ?
a)
c)
20
15 Minutes
1 Hour
Under retail Internet Banking, what is the maximum limit for draft ?
a)
c)
19
b)
d)
If a customer applies for issuance of draft through his Internet Banking account,
what charges we will charge from him?
a)
b)
c)
d)
18
1 Day
30 Minutes
Rs. 25,000/Rs.50,000/-
b)
d)
How e-Pay (online bill payment) facility of SBI benefits the customer ?
a)
b)
c)
d)
21
What is the amount charged from the customer for re-generation of PIN for his
ATM-cum-Debit card ?
a)
c)
22
b)
Rs. 25,000/Rs.50,000/-
b)
d)
RBI
Both RBI & SBI
b)
d)
SBI
RBI, SBI & ICICI Bank
Under Internet Banking, the maximum limit for inter branch funds transfer is ?
a)
c)
26
25
Under Internet Banking,what is the maximum limit for inra branch funds transfer ?
a)
c)
24
b)
d)
State Bank of India has entered into an agreement with Western Union's Kouni
Travels. The duo will falicitate the customer in :
a)
c)
23
Rs. 50/Rs.200/-
b)
d)
Twice a day
Every half an hour
Only once a day i.e. at 12 Noon
Any time the batch processing takes place at the funds collection
centre
27
State Bank of India has launched its Multi City Cheque. These cheques books
can be issued at :
a)
only CAG branch
b)
Any CBS Branch
c)
Only MCG Branch
d)
None of the above
28
What are the instrument types assigned to 'Multi City Cheques' by RBI ?
a)
c)
29
31
b)
d)
30
a,b & c
421
30
RTGS
eZ Trade
b)
d)
NEFT
EFT
Why has the minimum transaction limit for RTGS transactions been raised ?
a)
b)
c)
Both a & b
d)
To increase usage
of NEFT
None of the above
Q.
Ans.
Q.
Ans.
Q.
Ans.
1
C
11
A
21
A
2
B
12
C
22
A
3
C
13
C
23
d
4
C
14
A
24
A
5
D
15
B
25
B
6
B
16
C
26
D
7
B
17
C
27
B
8
C
18
D
28
D
9
D
19
D
29
C
10
B
20
D
30
c
422
Centralised Data Base/Main Server for Core Banking Branches has been
installed at: a) Central Data Centre at Belapur, Mumbai
b) SBIICM, Hyderabad
c)FD, Kolkata
d) All LHO Headquarters
2.
The CBS software is different from Bankmaster for the undernoted reasons:
a) The Bankmaster had a stand-alone server and database while in CBS these
are interconnected between all the branches.
b) While CBS is a window-based package, Bankmaster was not.
c)While in Bankmaster, the customer becomes a customer of a specific branch,
in CBS he becomes customer of the Bank as a whole
d) All of the above.
3.
4.
B@ncs-link
Trade-Finance
b)
d)
FNS, Australia
HP Systems, USA
Name of the software acquired by the bank for maintaining CGL (Corporate
General Ledger) accounts in core banking environment is: B@ncs-24
c) Finance-one
7.
b)
d)
The bank has acquired the CBS software from: a) TCS Ltd., India
c) China Systems, Dubai
6.
B@ncsLink
d) Trade-Finance
Name of the Front-end software used at CBS branch server is: a) B@ncs-24
c) Finance-one
5.
b)
b) B@ncs-ink
d) Trade-Finance
b)
d)
FNS, Australia
HP Systems, USA
423
Name of the software acquired by the bank for Trade-Finance is: a) B@ncs-24
b) B@ncs-link
c) Finance-one
d) Exim-Bills
9.
10.
'Disaster Recovery Centre' for the CBS has been located at: a) Chennai
c) Hyderabad
11.
b)
d)
PCS Ltd.
HP Systems, USA
b)
d)
PBB-Hyderabad
PBB-Chennai
b)
d)
01/09/2003
14/12/2003
16.
FNS, Australia
HP Systems, USA
15.
b)
d)
The first branch of State Bank of India where Core Banking was started is:
a) PBB-Chandigarh
c) Hirannandani, Mumbai
14.
New Delhi
Bangalore
13.
b)
d)
Name of the company that has been entrusted with the work relating to
customization, integration and pilot implementation of CBS is: a) TCS Ltd., India.
c) China Systems, Dubai
12.
B@ncs-link
HP Systems, USA
b)
d)
SBIConnect
All the above
In case of failure of connectivity, the CBS branch: a) Cannot perform any function
b) Can perform limited functions available on OFFLINE Mode
c)Can perform functions only from a separate node provided at the branch for the
purpose
d) None of the above
424
17.
Multi City cheques have been introduced for Mid Corporate Customers in many
Mid Corporate Group Branches on CBS. The maximum value of single MCC
would be
a) 10 Lacs
c) 15 Lacs
18.
b)
Accountant/Joint Custodian
d) All of the above
You can log into Core Banking Software (a 'Window' based programme)
through :a) My Computer
c) Internet Explorer
21.
b)
d)
20.
5 Lacs
20 Lacs
19.
b)
d)
b)
d)
My Documents
Microsoft Word
22.
23.
425
25.
Sites of E-Circulars, E-learning and CBS Help Desk are available :a) Through Internet
c) Both of (A) & (B)
26.
b)
d)
Through SBICONNECT
None of the above
Sites of E-Circulars, E-learning and CBS Help Desk are available on :a) The nodes provided to the Branch Manager & Managers of Division
b) The nodes provided to the Branch Manager & Accountant
c) The nodes provided to the Branch Manager & UCO
d) All the nodes in any branch/office of the Bank on SBICONNECT
27.
28.
Minimum alpha-numeric required for user's password in CBS is :a) Five digits
b) Six digits
c) Seven digits
Eight digits
29.
In a CBS branch, an authorized user can log in from :a) Any terminal subject to the total no of terminals linked with CDC Belapur.
b) Terminal specified by the Branch Manager
c)Terminal specified by the System Administrator
d) Terminal specified by the CDC, Belapur
30.
KEY ASSIGNMENT
CORE BANKING SOLUTION 1
Q.
Ans.
Q.
Ans.
Q.
Ans.
1
A
11
A
21
B
2
D
12
D
22
A
3
A
13
C
23
B
4
B
14
B
24
C
5
B
15
B
25
B
6
C
16
B
26
D
7
A
17
A
27
A
8
D
18
C
28
B
9
C
19
B
29
A
10
A
20
C
30
A
427
In CBS system, to move from one field to another, the user has to use
undernoted keys/mouse:
a) <ENTER> Key
c) Mouse
32.
b)
d)
33.
<TAB> Key
(b) &/or (c)
b)
d)
Accountant/Joint Custodian
All of the the above jointly
34.
In CBS, management of security forms has also been made a part of the
software/system through menu- VPIS. The term VPIS stands for :a) Valuable Paper Industry Sector
b) Valuable Paper Inventory System
c) Valuable Paper Instrument System
d) Valuable Paper Instrument Sector
35.
In CBS, the undernoted official is treated as custodian of security forms :a) Branch Manager
c) Cash Officer
36.
Accountant
All of them jointly
Like Bankmaster, CBS screens also have MANDATORY and OPTIONAL fields.
Which of the following colours has been given to the MANDATORY fields :Yellow
c) White
37.
b)
d)
b)
d)
Red
Blue
In CBS, 'Loan Tracking' concept has been introduced for Demand Loans/Term
Loans. In which of the undernoted ways, 'Loans Tracking' helps the user :-
428
39.
40.
b) Nominee
d) a & c
b)
b)
d)
Ten
Twelve
b)
d)
All the internal (non-customer) accounts have been referred in the CBS as
a) CGL
c) Branch Clearing Accounts
44.
100
111
43.
b)
d)
In CBS, every Account Number generated by the centrally located server at CDC
is unique. Every Account Number is of __digits.
a) Nine
c) Eleven
42.
Twelve
41.
Ten
d)
b)
d)
BGL
Inter Branch Accounts
In case of any difference between BGL and CGL balances that may creep in, an
software called GLIF has been provided to facilitate its location. Full form of the
term GLIF is :-
429
In CBS, there is a concept called 'NPA Tracking' which means :a) The system will help the user to know the existing as well as probable NPA
status of all the outstanding loan accounts
b) The system will automatically change the asset category of all the loan
accounts on the specified date
c) The system will put through INC entries on its own
All of the above
46.
In CBS, overdraft in Savings Bank Accounts will be allowed by :a) Debiting the amount to a Current Account named 'Overdrafts Allowed In
Savings Bank Accounts'
b) Debiting the amount to the concerned Savings Bank Account itself
c) Can be allowed only by CDC, Belapur
Cannot be allowed at all
47.
There are 16 capability levels of CBS users. Out of which levels available with
the branch staff are:
a) 5
c) 11
48.
b)
d)
49.
b)
d)
Trickle Feed
None of the above
To view the images ( photos or signatures ) in a CBS system, one can press
a) F10
c) F3
50.
9
7
b)
d)
F11
F8
Many Reports are available in a CBS branch. The Day books in a CBS branch
have been given the name of
a) V V R
c) DAY BOOKS
b)
d)
CBSDB
None of the above
430
52.
b)
53.
54.
9
8
55.
b)
d)
b)
d)
Government Transactions
None of the above
56.
For making a correction in a CBS transaction, one has to know its journal number
which helps in its reversal and subsequent correction. Such reversal is possible
a) Within 2 days of effecting the transaction
b) Within 1 hour of effecting the transaction
c) On the same day but before sending EOD signal from the branch
Depends upon CDC Belapur
57.
Soft Copy of a file containing Salary or Pension, when sent to CDC through one
of the options of CBS gets posted thereat through a process called Trickle Feed.
Transactions normally gets posted in the account
a) After 2 days of sending the softcopy
b) Within 1 hour of sending the softcopy
c) At period intervals depends upon CDC
d) None of the above
431
58.
59.
b)
d)
60.
50
10
b)
d)
Cash Receipts
Printing of Cash Reports
b)
d)
HH
HY
KEY ASSIGNMENT
CORE BANKING SOLUTION 2
Q.
Ans.
Q.
Ans.
Q.
Ans.
31
D
41
C
51
D
32
B
42
A
52
A
33
D
43
B
53
D
34
B
44
B
54
D
35
B
45
D
55
B
36
D
46
B
56
C
37
A
47
B
57
C
38
D
48
B
58
B
39
C
49
A
59
A
40
C
50
A
60
B
432
62.
b)
d)
SIB Segment
None of the above
To logout from the CBS system, which works under WINDOW environment, you
have to
a) Press [X] button on the top right hand on the screen
b) Shut of the system
c) Chose log off button
d) Any one of the above
e) Sign off
63.
b)
d)
CBS Referral
Any one of the above
64.
Every Teller in a CBS branch has an electronic Cash Drawer and can make the
customer cash transactions EXCEPT the
a) Cash Officer
b) Field Officer
c) Accountant
d) Branch Manager
65.
66.
Internal Accounts of all the CBS branch like Charges, Branch Cash Balance
Account etc which are called BGL Accounts. Numbering convention of such
accounts is such that
a) First five digits are the branch code Second five are common
b) First five digits are common Second five are branch code
c) Each branch has a unique BGL Account number
d) None of the above
67.
b)
d)
Unique digit
None of the above
433
68.
69.
70.
71.
b)
d)
F11
None of the above
b)
d)
F4
F8
75.
2
4
74.
b)
c)
Which function key is pressed to repeat the Customer/Account number typed last
on a CBS screen.
a) F9
c) F12
73.
Night File
FB Data
72.
b)
d)
b)
d)
2
4
CC and OD accounts have been clubbed in CBS whereas with Deposit Account
whereas TL and DL accounts clubbed separately. The rationale is
434
77.
78.
b)
d)
b)
d)
10 digits
9 digits
79.
In any CBS screens there are 2 types of fields, white and blue. While filling the
values in these fields
a) Blue fields are mandatory others can be ignored
b) White fields are mandatory white ones can be ignored
c) Blue fields are mandatory others can not be ignored
d) White fields are mandatory others can not be ignored
80.
In any CBS system Interest frequency has to be defined while opening a TDR
account along with the account number in which the interest has to be credited
by the system. Which of the interest frequency can NOT be given.
a) Anniversary Quarterly
b) Anniversary Monthly
c) Quarterly
d) Anniversary Yearly
81.
In any CBS branch which of the following transactions relating to P-Segment can
not be made from a non-home branch.
a) A cheque of Rs 15000.00 without paying any charges
b) A cheque of Rs 20000.00 without paying any charges
A cheque of Rs 25000.00 after paying charges
A withdrawal of Rs. 18000.00 without paying of charges
435
In a CBS branch which of the following is wrong (in context to non-home branch
transactions relating to a P-Segment Customer).
a) Transactions of an illiterate customer can not be done
b) Transactions relating to a dormant account can not be made
c) Transactions relating to inoperative account can not be made
d) Transactions relating to a joint account where drawer is the payee can not be
made.
83.
84.
In a CBS branch the account BGL account beginning with 98582 represents
a) Atm entries where account debited but cash not paid
b) Atm entries where cash paid but account not debited
c)None of the above
85.
On every incoming message through RTGS, to know how many messages have
come, one has to
a) Keep a Register to note how many message have been received
b)
436
87.
88.
89.
90.
Number of Day Book kind of reports sent by CDC Belapur to every branch on
daily basis after EOD thereat are
a) VVR
b) VVR & BGL
c) VVR, BGL & Core Power
d) VVR, BGL, Core Power & System Generated transactions
437
d
b
b
c
d
d
62.
67.
72.
77
82
87
e
a
c
b
d
c
63
68.
73.
78
83
88
a
c
d
c
d
a
64.
69.
74.
79
84
89
c
d
c
c
a
d
65.
70.
75.
80
85
90
b
a
d
c
b
d
438
439
8. The software being used in SBI for conduct of government transactions and
electronic reporting has been developed by
a) IDRBT
b) SBI
c) Infosys
d) TCS
9. The National Financial Switch (NFS) promoted by IDBRT relates to
a) Networked Foreign Exchange transactions among banks
b) Internet Banking Connectivity
c) ATM connectivity among banks
d) Single National Financial Software for all banks
10. The turnkey solution provider for implementing National Financial Switch
(NFS) is
a) NCR Corporation
b) Euronet Worldwide
c) FNS Australia
d) HP Systems
11. The Security of SBIs internet Banking site is certified by
a) VERISIGN
b) SECURESIGN
c) INBSIGN
d) TRUESIGN
12. SBI ATM Cards are processed and issued by
a) ATM Switch Centre, Belapur
b) Mastercard
c) Venture Infotech Global Pvt. Ltd. Mumbai
d) GECBPMSL, Gurgaon
13.
440
15. SBI ATM-cum-Debit Card can be used for purchasing goods and services at
Merchant Establishments displaying
a) Mastercard logo
b) VISA logo
c) Maestro logo
d) None of the above
16. Can a Card be issued against a minors account?
a) No
b) Yes, a card may be issued to a minor if he/she is above 14 years of age.
An add-on card may also be issued to the guardian.
c) Card may be issued only to the Guardian.
d) None of the above.
17. The connectivity infrastructure of our ATM Network is maintained by
a) ATM Switch Centre
b) NCR Corporation
c) HCL Comnet (VSAT) & Datacraft (SB Connect)
d) Satyam
18. The charges realized for using ATMs of other Banks under Bilateral
Agreement in case of saving bank account are:
a)upto 10 withdrawals free and above 10 withdrawal transactions, Rs.20/- per
withdrawal and NIL for balance enquiry
b) upto 5 withdrawals free and above 5 withdrawal transactions, Rs.20/- per withdrawal
c) upto 3 withdrawals free and above 3 withdrawal transactions, Rs.20/- per withdrawal
and NIL for alance enquiry
d) None of the above
19. ATM Switch Centre is managed by the Bank with the technical support of
a) C&I Project, Corporate Centre
b) NCR Corporation
c) Financial Software & Systems, Chennai
d) Datacraft
20. For the purpose of accounting, cash loaded in our ATM belongs to
a) Concerned Branch
b) ASC, Belapur
c) ATM Project, Corporate Centre
d) None of the above
441
KEY
INFORMATION & TECHNOLOGY 1
1
c
6
c
11
a
16
b
2
c
7
d
12
c
17
c
3
a
8
b
13
b
18
b
4
a
9
c
14
b
19
c
5
C
10
b
15
c
20
a
442
443
11. After the establishment of Liability Processing centre the account would be
opened in ----to----minutes.
a) 10-12
c) 6-8
b) 8-10
d) 7-8
444
14) What is the maximum amount that can be entered in the Hold Value column?
a) The hold value can be up to the value of TDR plus accrued interest.
b) The hold value can be up to the value of TDR alone
c) The hold value can be up to the value of loan amount
d) None of these.
15. What is a Collateral Number?
a)When a security is created, the regt no. on the regt.deed of property to be
mortgaged is entered as collteral number.
b) When a security is created, the system generates a unique 10-digit
number automatically and this number can be used to enquire into the
details of securities, the loan account number for which the security is
created and other relevant details of the customer.
c) When the security is created, the particulars of the collateral security are
noted in a register, that running serial number is called collateral number.
d) None of these
16) What is meant by SDV?
a) SDV sub-module refers to Safe Deposit Value, It handles maintenance
of lockers,
b)SDV sub-module refers to Safe Deposit Value, it handles Collecting
periodical rent etc.
c) Both 1 & 2
d) None of these
17)What is meant by SC?
a) SC sub-module deals with two major functions viz. Safe Custody of articles / scrips,
Security Register / Ledger and maintenance of gold ornaments.
b) Issue of Safe Custody Receipt to the customers, Printing of COS 49, Ex-custody
Register functions
c) Both A & B
d) None of these
18) While creating TDR as security, whether the system will automatically mark
the interest rate in the Loan account?
a)For Demand / Term Loan accounts, the system will automatically fix the interest rate
at the account level.
b) For Demand / Term Loan accounts, the system will not fix the interest rate at the
account level. It will have to be done manually.
c) For Demand / Term Loan accounts, the system will fix the interest rate after the EOD.
445
1
c
6
c
11
b
16
c
2
b
7
c
12
a
17
c
3
c
8
b
13
a
18
a
4
b
9
c
14
a
19
b
5
b
10
a
15
b
20
a
446
MOBILE BANKING
1.
2.
3.
4.
5.
6.
7.
8.
What is the next step after changing the MPIN for registration of mobile banking
a) Entering the CIF
b) Answering a secret question
c) register at ATM or branch
447
9.
What is the number of maximum accounts which can be enabled for Mobile
Banking ?
a) 1
b) 2
c) 3
d) 5
10.
11.
12.
13.
14.
15.
How many users can use Mobile Banking on a particular Mobile phone
a) 2
b) 5
c) 1
d)3
448
16.
17.
18.
19.
20.
21. In case of Dmat account services available in mobile banking it is not possible to
do one of the following
a) View last 5 transactions
b) Request for DIS
c) View portfolio
d) sell shares
22.
What type of transaction can not be carried out in SMS Mobile Banking
facility ?
a) Transafer of funds to other Bank Account
b) balance enquiry
c) Mobile top up
d) DMAT enquiry
450
30 .
31.
ANSWERS
MOBILE BANKING
Q.
Ans.
Q.
Ans.
Q.
Ans.
Q.
Ans.
Q.
Ans.
Q
Ans.
Q
Ans.
1
c
6
a
11
b
16
d
21
d
26
c
31
b
2
a
7
a
12
c
17
b
22
a
27
d
3
b
8
c
13
d
18
b
23
c
28
d
4
b
9
d
14
b
19
b
24
b
29
c
5
a
10
a
15
c
20
e
25
A
30
a
451
b) branch
c) CBD Belapur
d) internet provider
b) enhanced security
5. INB customers can further enhance their security while doing internet
transaction through ---a) SMS based password b) having 2 login passwords c) by going to
internet kiosk d) by a secret question
6. Mode of delivery of user ID and password for internet banking can be
a) through dispatch from the INB dept only
b )through PPK directly to the customer only
c) either through dispatch from INB dept or through PPK
d) neither through dispatch from INB dept nor through PPK
7. What does PPK refer to?
a) pre packed kit
b)50
c)150
d)200
452
b) circle code
c) branch code
b) Goodsign
c)Satyam
d)ISO
12.One of the following is not true about the security features built into
SBIs Internet Banking site
a) It has 128 bit SSL encryption
b) provides for multiple users and user level security banking
c) HPIN based password
d) It has metal detectors
13. Transfer of funds in sbionline can be done using
a) RTGS only
b)GRPT and RTGS
c) NEFT ,RTGS and GRPT d)ECS,GRPT and NEFT
14.Internet Banking site of SBI is
a) www.onlinesbi.com
c) www.sbi.co.in
b) www.statebankofindia.com
d) www.sbi.org.in
b) onlinesbi
d) Branch admin interface
453
2
d
10
c
18
a
3
a
11
a
19
d
4
b
12
d
20
c
5
a
13
c
21
b
6
c
14
a
7
d
15
d
8
a
16
d
454
CINB
1. Of the following types of forms used in CINB registration one of them is not
matched properly.Which one is it ?
a) C1 is used for registration of CINB customer
b) C2 is used for registration of regulator
c) C3 is used for registration of administrator
d) C4 is used for registration of maker
2. Which of the following statement is true.
i) Form B1 is used for advising the customer his registration ID
ii) Form B2 is used for registration of Branch INB authorizer
a) Only i) is true b) only ii) is true c ) Both i) and ii) are true
d) neither i) nor ii) is true
3.One of the following types of products is not available to CINB customers
a) Khata
4. In case of which of the following types of CINB products amount per transaction
cannot exceed Rs 50.00 lacs
a) Vyapaar b) Vistaar c) Khata Plus
d) Khata
5. Which type of CINB facility provides for enquiry rights only on all accounts
across branches
a) Vyapaar b) Vistaar c) Khata Plus
d) Khata
6.In which of the following types of CINB facility it is possible to do full range of
online transactions for corporates maintaining a/cs at multiple branches
a) Vyapaar b) Vistaar c) Khata Plus
d) Khata
7.The type of CINB product that offers only enquiry rights at one branch only is
a) Vyapaar
b) Vistaar
c) Khata Plus
d) Khata
b) 04
c) 01
d)02
455
b) authoriser
c) enquirer
d) auditor
11.One of the following is not a feature of the facilitiles available under CINB
a) e-payments/e-receipts to and from registered users
b) Bulk upload facility
c) No check on access control and access rights
d) Multiple level controls
12. A super enquirer is one
a) who has unlimited power of transaction
b) who has unlimited right of enquiry for all accounts of the corporate across
branches
c) who has unlimited power to control other users
d) who has unlimited right to set limits on transactions
13.One of the following functions can not be performed by the administrator
a) He can manage users
b) He can modify access rights
c) He can perform transactions
d) He can reset profile/transaction password of users
14.One of the following is not true about the role of uploader
a)He participates in bulk upload of data as or salary payments etc
b) He generates test file from the file structure set by regulator
c) He approves the test file
d) The setting up of uploaders role is mandatory
15.One of the following is not true about the rules or operating instructions
Set by the corporate
a)They define the power of the executives of the corporate to authorize the
online transaction requests on an a/c.
456
b)Rs5.00cr
c)Rs2.00cr
d)Rs10.00cr
20.The preprinted kits to the users in case on CINB customer are given through
a) B@ncs24
b)Branch Admin Interface
c)Onlinesbi
d)Sbitimes
21. The facility through the Internet banking user makes payment after selecting the
desired corp /Institution available under a link in the Internet banking website is
a) e -collect
b) i -collect
c) i collection
d) None of the above
22.While Creating a Regulator /Administrator in Vistaar /Vyapaar the registration
of the mobile numbers of the functionaries is
a) Mandatory
b)Non Mandatory
c) cannot be done
d) None of the above
457
2
c
3
d
4
a
5
c
6
b
7
d
8
a
9
c
17
d
10
a
18
b
11
c
19
a
12
b
20
b
13
c
21
b
14
d
22
a
15
d
23
a
16
c
24
c
458
D mat
1. ez-trade@sbi is a 3in 1 a/c because it provides an integrated platform of
a) TDR a/c, demat a/c, and online trading a/c
b) S/B / current a/c, demat a/c, and online trading a/c
c) loan a/c , online trading a/c , and demat a/c
d) PPF a/c, online trading a/c , and demat a/c
2.ez-trade@sbi is provided by SBI in association with
a) Relianceinfocom, ICICI securities
b) SBI Securities and NSDL
c) Online SBI and Master securities ltd
d) SBI Caps securities limited
3.A depository is an organization which holds
a) loan documents in electronic form
d) gold certificates in electronic form
b) cash
b) 1
c)2
d)5
7.Along with proof of address it is mandatory to give -----for opening a demat a/c
a) mobile number
b) Pan card with photograph
c) asset statement
d) Passport
459
b) 3
c) Nil
d)1
b) CPC
d) DAC
15. To convert shares in physical form to electronic form ,investor has to fill -----type of form
a) CDF
b) DRF
c)DTF
d)CRF
17. When the names on the physical certificate and in demat a/c are the same but the
sequence is different, then while applying for dematerialization the investor has to
submit---- form
a) Transposition cum demat form
c) transition cum demat form
18.
An investor can do any of the following in respect of his demat a/c except
19.
2
d
10
b
18
d
3
c
11
c
19
b
4
b
12
a
5
d
13
c
6
a
14
d
7
b
15
b
8
c
16
d
461
NEFT
GRPYT
for
b) 11
d) 15
462
10. One of the following is not true about the features of NEFT
a) Remittance can be in rounded figures only
b) It operates on deferred net settlement basis where settlement is done in
batches
c) There is no stipulation of minimum or maximum amount to be sent through
NEFT
d) It can be used for only Indian rupee remittances among participating banks
in the country.
11.IFSC code has ------no of characters
a) 10
b)11
c) 16
d)15
b) Rs10.00lacs
c)no limit
d)Rs15.00lacs
KEY
RTGS
1
b
9
c
2
c
10
a
3
c
11
b
NEFT
GRPYT
4
d
12
c
5
a
6
d
7
c
8
a
463
2.
3.
4.
5.
What an user should do when auto virus scan is affecting system performance
a) Contact the System Administrator
b) Stop/Disable the virus scan
c) Call the HW/SW vendor
d) Remove the antivirus from the system
6.
How can a user protect sensitive data on laptop in the event of loss of laptop
a) By creating hidden files/folders
b) By enabling Boot level power-on password
c) By enabling screensaver
d) By using encryption
464
7.
8.
9.
A good password is
a) Name/short form of name/initials
b) Names of family/friends/colleagues/institution
c) Combination of alphabets and numbers
d) Combination of alphabets, numbers and special characters
10.
11.
12.
465
14.
15.
16.
17.
Application should ensure that all transactions with financial implication should
have
a) One person as the requestor and approver
b) Separate requestor and approver
c) Approval of Systems and Procedure Dept.
d) Approval of Information Security Department
18.
Application should have the provision for allocating access rights based on the
principle of
a) First come first serve
c) Default
19.
b) Maker-checker
d) Least privilege
20.
21.
22.
The account and password for Internet access will be communicated to end user
by
a) Head of department
b) IT-Networking department
c) Information Security Department
d) System Administrator
23.
24.
25.
Which device should be installed to monitor the traffic from external networks
a) Switch
b) Router
c) Firewall
d) Intrusion Detection System
467
ANSWERS
INFORMATION SECURITY ASSIGNMENT - 1
Q.
Ans.
Q.
Ans.
Q.
Ans.
1
b
11
b
21
b
2
c
12
b
22
b
3
c
13
c
23
c
4
c
14
a
24
a
5
a
15
c
25
d
6
d
16
d
7
b
17
b
8
d
18
d
9
d
19
d
10
a
20
d
468
INFORMATION SECURITY
ASSIGNMENT-2
1.
What are the three most important things you can do to secure desktop PCs?
a) Turn on Automatic Updates
b) Turn on Windows Firewall
c) Install antivirus software
d) Remove the hard drive
f) a, c, and d
g) a, b, and c
h) b, c, and d
i) a, b, and d
2.
3.
True or false: If you have a firewall on your network you don't need to turn on
Windows Firewall.
a) True
b) False
4.
How can you prevent intruders from accessing your wireless network?
a) Encrypt network traffic with WPA or WEP
b) Restrict access to trusted MAC addresses
c) Both
5.
True of false: If you set your antivirus software to auto-update then you don't
need Windows Automatic Updates.
a) True
b) False
6.
469
What is "phishing?"
a) "Spoofed" e-mails and fraudulent websites designed to fool recipients into
divulging personal financial data such as credit card numbers, account
usernames and passwords
b) A type of computer virus
c) An example of a strong password
d) None of the above
8.
9.
What method(s) can be used to protect sensitive data from prying eyes?
a) Passwords
b) File permissions
c) Encryption
d) All of the above
10.
11.
12.
470
13.
You just got a brand new computer and it has anti-virus software installed. Is it
safe to use on the Internet?
a) Sure. They wouldn't sell me something unsafe.
b) No. I need to make sure both my anti-virus software and operating software
are up to date.
14.
Why might someone break into my computer even though I have nothing of value
on it?
a) Because someone doesn't like me
b) To use it to perform a crime
c) Random vandalism
d) For fun
e) To use it to distribute pornography, music, videos, and software.
f) All of the above
15.
Are you free to do whatever you want with your network-connected computer?
a) Yes, Its my personal computer and I can do what I please.
b) No. I have to be a responsible member of the networked community and am
bound by the George Mason
Responsible Use of Computing Policy.
c) No. I have to be a responsible member of the networked community, which
includes being aware of the Wireless Network Policy.
d) Both b and c.
16.
17.
b) Bob
d) %4Btv
f) $jelF2bb
If you ever receive an unsolicited telephone call from someone claiming to need
your password, what would you do?
a) Refuse and report immediately
b) Write the password on a piece of paper, put it in an envelope and send it by
mail
c) Tell him/her the password and change it the following day
d) Send him/her the password via email
471
Which is the best way to protect the sensitive data in your computer when you go
out for lunch?
a) Turn the monitor off
b) Activate the screen saver
c) Lock your computer with password
d) Close all programs
19.
Of the following choices, which indicates when it is safe to open a file attached to
an e-mail?
a) When you know the sender, the attachment is expected, and it is not unusual
in any way.
b) When the e-mail is only sent to you
c) When the attachment is not an .exe or .com
d) When you know the sender
20.
21.
472
ANSWERS
INFORMATION SECURITY ASSIGNMENT - 2
Q.
Ans.
Q.
Ans.
Q.
Ans.
1
f
8
a
15
d
2
b
9
c
16
f
3
b
10
a
17
a
4
c
11
b
18
c
5
b
12
h
19
a
6
b
13
b
20
g
7
a
14
f
21
e
473
474
475
1.
BPR ASSIGNMENT
The alternate delivery channels as proposed under BPR are .
a) ATMs, Call Centres, Internet Banking, Phone Banking & Home Banking
b) ATMs, Internet Banking, Phone Banking & Home Banking
c) ATMs, Internet Banking, Phone Banking
e) ATMs, Credit cards, Internet Banking, Phone Banking & Home Banking
2.
In order to face the competition and come up to the customers expections BPR
has been introduced. In fact BPR stands for :
a) Basic Procedural Re-adjustment
b) Business Process Re-engineering
c) Best Possible Re-structuring
d) Behaviour Processes redefined
3.
The radical changes being introduced under BPR are expected to result in
significant improvements on multiple fronts. The Core Process Redesign under
BPR would lead to :
a) Process of Redesigning banks logo
b) Simplified processes for customer and staff
c) Redesign the process of promotion
d) a & b above
4.
5.
6.
a) i) only
7.
b) ii) only
A large number of radical changes are being incorporated under BPR which will
lead to tangible improvements. One of the key improvements under BPR will be :
a) Greater customer convenience & less pressure on the branches
b) Providing relief to the staff due to shortage of staff
c) It will be accompanied by Police Escort
d) No escort is required
8.
Out of the seven key initiatives being launched under BPR one of the key
initiatives is Database marketing, which means:
a) Compilation of data about marketing strategies
b) Effective targeting of potentially rewarding customers
c) Collation of data about other banks
d) None of the above
9.
10.
11.
A large number of non customer facing actilvities are being simplified and moved
out the branches. One of the Non customer facing activities being moved out of
the branches to the extent of 95% is :
a) Savings Account opening
b) Cheque clearing
c) Loan processing
d) Draft Issuance
12.
One of the key changes launched under BPR are central processing cells. The
objectives for creation of Central Processing Cells is
a) Skill pooling
c) Automation
b) Standardization of process
d) All of the above
477
13.
Two other variants of a Core SSB branch under redesigned branches are
a) Core SSB with Mass module and core SSB with special module
b) Core SSB with Mass module and core SSB with affluent module
c) Core SSB with C&I module and core SSB with special module
d) Core SSB with Affluent module and core SSB with SME module
14.
One of the following is not a key principle in branch redesigning under BPR
a)Clear communication of role
b)increased focus on sales
c)Increasing working hours
d) Non customer facing activities migrated out of core
15.
Functions related to a/c opening carried out at Liability CPC does not include
a) Scanning of signatures
b) acceptance of cash
c) completion of remaining a/c opening formalities
d) printing and dispatch of welcome letters to customers
16.
As per BPR, Document Archival Centres have been created which will function
as
a) Centralised Document Execution Centre
b) Centralised Document Printing Centre
c) Centralised Record Maintance cell
d) Centralised Document Centre for closed accounts
17.
18.
b)Alternate channels
d)All of the above
19.
478
21.
23. The Grahak Mitra has been introduced with the following objective
a) He will provide first level assistance to customers visiting the Branch.
b)He will provide basic product information and brochures to customers
coming for a general enquiry.
c) He will help the customers not well-versed with alternate channels to use
them.
d) He will guide the customers with complex transaction needs to proper
officer/counter
e) All of the above
24 The purpose of setting up of CAC(Currency administration cell) is :
a) To improve efficiency levels with respect to reporting and interactions with
RBI.
b) Arranging for transportation of cash with outsourced vendors or within SBI.
c) To relieve the branch managers, cash officers and cashiers at the branch
from time consuming remittance related activities.
d) All of the above
479
ANSWERS
BPR ASSIGNMENT
Q.
Ans.
Q.
Ans.
Q.
Ans.
Q.
Ans.
1
a
8
b
15
b
22
d
2
b
9
c
16
c
23
e
3
b
10
c
17
d
24
d
4
e
11
b
18
c
5
e
12
d
19
a
6
c
13
d
20
b
7
a
14
c
21
B
480
b) MF Regulatory Authority
d) SEBI
b) SBI
d) SEBI
b) Debt Fund
d) Equity Fund
f) Balanced Fund
b) buy/redeem
d) choose
6. In an open ended Fund, Investor can sale/purchase to/from the Mutual Fund at
all times at a price based on ___________ .
a) Market price
c) Offer price
b) declared price
d) Net Asset Value(NAV)
b) offer
d) Initial issue
481
9. The SBI Magnum Contra Fund has given a return of ..% since its inception
.
a) 16.65
c) 25.35
10. The asset
.
b) 36.87
d) 26.87
allocation in SBI Magnum Contra Fund is .% in large caps
a) 40-50
c) 30-40
b) 50-60
d) 65-70
11. In SBI LIFE Maha Anand medical examination is compulsory for a person of
years age .
a) 30
b) not requried
c) 40
d) 60
12. Which of the following fund does not fall under the category Liquid & Short term
a) Magnum Insta cash fund,
c) Magnum Institutional Income Fund
b) Magnum NRI
d) Magnum Mid Cap Fund
13. Which of the following fund does not fall under the category of Debt Fund?
a) Magnum Income Fund
c) Magnum Monthly Income
14. Which of the following fund does not fall under the category of Equity ?
a) Magnum Index Fund
c) Magnum Tax Gain Scheme
15. Redemption/ Sale of mutual fund units would attract a Long term capital Gains
Tax of % if they are held for a period of more than one year.
a) 10,
c) no tax
b) 20
d) 15
482
17. The Bench Mark for comparing the performance of Magnum Gilt Funds is
a) BSE SENSEX
b) NIFTY
c) MID CAP INDEX
d) I- Sec , Li-BEX INDEX
1
d
10
d
2
d
11
b
3
c
12
d
4
c
13
d
5
b
14
d
6
d
15
c
7
b
16
d
8
d
17
d
9
d
483
2.
3.
Trust
Company
b.
d.
Investment company
None of the above
The AMC
The mutual fund/ trust
b.
d.
40
30
b.
d.
15
60
8.
If a security is thinly traded, it implies that the security has not traded on any stock
exchange for the last _____ days.
a.
c.
7.
b.
d.
6.
Offer document
NAV
5.
4.
Reinvestment risk
Interest rate risk
b.
d.
Liquidity risk
Default risk
The maximum load that can be charged by the Asset Management Company for
paying initial issue expenses is:
a.
7%
b.
6%
c.
5%
d.
8%
484
9.
10.
1993
1996
b.
d.
1987
1998
Foreign national
NRI
b.
d.
FII
Indian resident
11. Mutual Fund Investors can address their complaint except to:
a.
c.
12.
Consumer court
AMFI
b.
d.
SEBI
Sponsor
Gilt funds have the least credit risk among various types of funds
Gilt funds NAV will not fluctuate irrespective of interest rate movements
Gilt funds would not face the risk of default unless the Govt. defaults on its
payments
Gilt funds are ideal for investors who look for highest safety of principal
amount
14. Initial issue expenses for an open end fund can be amortised over a period of :
a.
10 years based of WNA
b.
4 years
c.
5 years
d.
6 years
15. Which was the first diversified equity fund in India?
a.
c.
Mastergain 92
Mastershare
b.
d.
MEP 91
None of the above
b.
d.
India fund
none of the above
485
1992
1988
b.
d.
1993
1995
19. The Mutual Fund Offer document as per trust deed is issued by:
a. AMC
b.
Sponsors
c. AMC in the name of the trustees d. Trustees
20. The maximum limit of inter-scheme investments by a fund is:
a.
5% of the NAV of the transferring scheme
b.
15% of the NAV of the receiving scheme
c.
5% of the NAV of all schemes of the fund
d.
15% of the NAV of all schemes of the fund
21. The first non-UTI mutual fund was:
a.
SBI MF
c.
Canbank MF
b.
d.
LIC MF
Indian Bank MF
BSE Sensex
BSE 200
b)
d)
24. Mutual funds can be broadly typecast on the basis of nature of investment into:
a)
b)
c)
d)
1
c
13
d
2
c
14
c
3
B
15
C
4
a
16
b
5
d
17
b
6
c
18
d
7
c
19
a
8
b
20
c
9
c
21
a
10
a
22
d
11
a
23
d
12
b
24
a
487
2.
3.
4.
6.
5.
In the growth option offered by mutual funds, the number of units held by an
investor increases because of :
a)
b)
c)
d)
488
7.
8.
b)
d)
9.
Default risk,
Share specific risk,
b)
d)
Growth funds
Value funds
489
Increases
Decreases
Is unaffected
Sometimes increases, sometimes decreases
14. An asset management company & its directors must ensure that the investment of
fund is in accordance with
a)
b)
c)
d)
Trust deed
SEBI Regulations
SEBI Regulations & the trust deed
The need to furnish maximum returns of the unit-holders
15. The rate of interest paid by a company on debentures issued by it depends on:
a) The stock market situation
c) The company's credit rating
b)
d)
SEBI guidelines
The amount of money being
raised
b)
d)
Greater efficiency
A rising market
b)
d)
18. Which of the following transaction costs are not quantified in the offer document
a) Brokerage commissions
c) Custodians fees
b)
d)
Dealer spreads
Registrars fees
b)
d)
21. A bond with a coupon rate of 9 % when interest rates for similar maturities are 11
% will sell
a)
b)
c)
d)
Above par
Below par
At par
At a price which is not related to interest rates for similar maturities
Q
Ans
Q
Ans
1
a
12
a
2
b
13
b
3
d
14
c
4
a
15
c
5
c
16
a
6
b
17
c
7
d
18
b
8
b
19
b
9
c
20
d
10
d
21
b
11
c
22
c
491
b) Cardiff S A
d) None
b) Cardiff S A
d) None
What is %... of the share of SBI in the joint venture with Cardif S A..?
a) 74
c) 50
4)
b) 76
d)51
b) Fund Manager
d) Associate
b) The employer
d) Nominee
7)
492
9) Which of the following policies provide life protection only for a certain
period of time without any returns if the insured survives the term?
a) Non participating policies
c) Single premium policy
10) Which of the following policies may be kept in force for a persons whole life
and which pays a benefit upon his death whenever that be?
a) Endowment
c) Whole life
b) Annuity
d) Money Back
11) Which is the new ULIP policy of SBI life, with a minimum annual
Premium of Rs. 1.50 Lacs & minimum single premium of Rs. 2.00
Lacs?
a) Smart Elite
c) Unit plus Super
b) Smart Performer
d) Smart Scholar
12) Which is the new ULIP policy of SBI life, with the twin benefits, higher than
the highest of the daily NAV Guarantee and the prospect of the market upside?
.
a) Smart Elite
c) Unit plus Super
b) Smart Performer
d) Smart Scholar
13) What are the minimum & maximum ages at entry in Unit plus Super?
a) 18 &65 years
c) 19 &65years
b)
d)
7 &65 years
20 &65 years
b) 75 years
d) 60 years
b) 60 years
d) 55 years
493
16)
b) 60 years
d) 75 years
17)
loans, Vehicle
18)
Which is the SBI Lifes traditional non-participating pure term plan, with a
minimum sum assured of Rs. 25.00 Lac?
a) Smart shield
b) Saral shield
c) Saral life
d) Smart Elite
19)
Which is the SBI Lifes traditional non-participating pure term plan, with minimum
& maximum sum assured of Rs. 7.50 Lac& 24.00 Lac?
a) Smart shield
b) Saral shield
c) Saral life
d) Smart Elite
20)
In which plan, part of the sum assured is paid to the policy holder at regular
intervals?
a) Joint life Annuity
b) Annuity
c) Whole life
d) Money back
Answers
SBI LIFE AND GENERAL INSURANCE
Q.
Ans.
Q.
Ans
1
A
11
A
2
C
12
C
3
A
13
C
4
A
14
D
5
C
15
A
6
B
16
D
7
A
17
A
8
A
18
A
9
D
19
C
10
B
20
D
494
2.
Rs.10/Rs.1/-
b)
d)
Rs.5/Rs.2/-
-------------has been awarded the Best Bank of 2010 by the Business India
a)
c)
Bank of Baroda
SBI
b)
d)
ICICI BANK
HDFC BANK
3.
4.
As per the recommendation of the 13th Finance Commission, the States will be
entitled to a share of ______% in Central Tax Revenue.
a.
c.
32
30.5
b.
d.
31.5
29.5
5.
6.
7.
8.
b.
d.
495
10.
11.
b.
d.
London
Geneva
New York
Geneva
b.
d.
London
Berlin
New York
Geneva
b.
d.
London
Washington,D.C.
Kualalumpur
Seol
b.
Tokyo
d.
Manila
16.
New York
Washington
15.
70%
54%
14.
b.
d.
13.
80%
63%
12.
Sh. G.N.Bajpai
Sh. M. Damodaran
b.
d.
The headquarters of the European Central Bank (estd. 1998) is located at:
______.
a.
c.
Berlin
London
b.
d.
Lisbon
Frankfurt
496
17.
18.
Ahemdabad
None of the above.
b.
d.
Office of the Intellectual property Appellate Board is being established in India at:
a.
c.
20.
b.
d.
19.
Indore
Mumbai
New Delhi
Chennai
b.
d.
Mumbai
Kolkata
b.
d.
Sh. M O Mallya
M.B.N. Rao
Sh.Pratip Chaudhri
Sh. M. Damodaran
21.
22.
23.
b.
d.
Sh.Manmohan Singh
Sh. Montek Singh Ahluwalia
24.
James D. Wolfensohn
Robert B. Zoellick
b.
d.
Paul Wolfowitz
Lee Sian Loo
The Managing Director of IMF who had to recently vacate office following
allegations of impropriety was
a. James D. Wolfensohn
b. Paul Wolfowitz
d. Domonique strauss Kahn
c. Robert B. Zoellick
497
Q.
Ans.
Q.
Ans
1
a
13
d
2
a
14
d
3
c
15
d
4
a
16
d
5
a
17
a
6
d
18
c
7
a
19
c
8
b
20
b
9
c
21
b
10
b
22
b
11
c
23
C
12
c
24
d
498
ASSIGNMENT - 2
1.
As per Budget proposals for the year 2011-12, the Income tax exemption limit has
been raised from Rs 160000.00 to
a)
b)
c)
d)
2.
As per Budget proposals for the year 2011-12, the Income tax exemption limit for
senior citizens has been raised to
a)
b)
c)
d)
3.
Rs 180000.00
Rs 250000.00
Rs 170000.00
Rs 190000.00
As per Budget proposals for the year 2011-12, the Income tax exemption limit for
Senior citizens above 80 years is
a)
b)
c)
d)
4.
Rs 180000.00
Rs 200000.00
Rs 170000.00
Rs 190000.00
Rs 180000.00
Rs 500000.00
Rs 170000.00
Rs 190000.00
As per Budget proposals for the year 2011-12, the defence allocation of Rs
164415 cr involves a hike of
a) 11.00%
b) 14.0%
c) 14.5%
d) 15.0%
5.
The size of the black money in the Indian economy is estimated at
per cent of GDP by the Central Statistical Organisation?
a)
b)
c)
d)
40% of GDP
34% of GDP
29% of GDP
45% of GDP
499
7.
GDP growth rate for the Eleventh Five Year Plan has been fixed:
a)
b)
c)
d)
8%
9%
10%
11%
8.
9.
10.
11.
12.
b) 5%
d) 7%
13.
14.
Which of the following is not true regarding personal taxation measures in the
Union Budget for 2011-12?
a) Exemption limit enhanced from Rs.1.60 lacs to Rs.1.80 lacs
b) Citizens over 80 years of age to have exemption limit of Rs.5 lacs
c) Senior citizens qualifying age reduced to 60 from 65
d) Women tax exemption limit enhanced to Rs.2.00 lacs
15.
16.
17.
Foreign banks are at present required to make good the shortfall in achievement
of the stipulated targets/sub-target by depositing an amount equivalent to the
shortfall with SIDBI for a period of :
a) 1 year
b)
2 years
c) 3 years
d)
4 years.
18.
20%
30%
40%
50%
501
19.
20.
Ceiling of composite Foreign Direct Investment in the Telecom Sector has been
fixed at _______ %.
a.
51%
b. 61%
c.
74%
d. 100%
1
d
11
c
2
b
12
b
3
b
13
b
4
a
14
d
5
b
15
a
6
a
16
c
7
c
17
c
8
a
18
c
9
a
19
c
10
a
20
c
502
ASSIGNMENT - 3
1.
Priority sector home loans limit has been proposed to be increased from
Rs. Lacs
a) From Rs.20 lacs to Rs.30 lacs
b) From Rs.20 lacs to Rs.25 lacs
c) From Rs.20 lacs to Rs.28 lacs
d) From Rs.25 lacs to Rs.30 lacs
2.
3.
4.
5.
503
7.
8.
Which Indian company is placed at No.2 position in the list of worlds 10 biggest
sustainable value creators prepared by Boston Consulting Group?
a) TATA Group
b) ONGC
c) SBI
d) Reliance Industries
9..
Aadhaar is
a) Unique Identification number (UID)
b) A Central Government scheme to Provide Basic Amenities in Rural Area
c) A Government of India scheme to Provide Basic Amenities in Rural and Semiurban Area
d) A Government of India scheme to Provide Basic Amenities for urban poor
10.
Maha Ratna status has been given to which of the following PSUs?
a) SBI
b) NABARD
c) SAIL
d) MMTC
11.
As per the Economic Survey 2010-11 the forex reserves of our country
increased from USD 279.4 bn in Apr 2010 to USD . in Dec 2010.
a) USD 297.3 bn
b) USD 300.10 bn
c) USD 292.25 bn
d) USD 295.00 bn
504
13.
14.
15.
16.
Which social networking site has become the most visited web site in the US for
the first time surpassing Google?
a) Twitter
b) Facebook
c) Ace Network
d) Yahoo
17.
505
The time limit for completion of assessment / reassessment of tax by Income Tax
Department is _____________ .
a)
b)
c)
d)
19.
20.
Shri.Anand Pai, who passed away recently, fondly known as Uncle Pai is the
founder of
a) Amar Chitra Katha & Tinkle
b) Why? What? & How?
c) Fairy Tales & Chithra Katha
d) Champak
1
b
11
a
2
c
12
b
3
c
13
c
4
c
14
b
5
d
15
b
6
d
16
b
7
a
17
d
8
d
18
a
9
a
19
b
10
c
20
a
506
ASSIGNMENT - 4
1
Retail investor can now invest through the initial public offer up to Rs.
a) 100000
c) 200000
2.
b)150000
d) 250000
b) China
d) Rusia
b)
d)
22%
25%
5. Which state is the first state to pass a law for the regulation of MFI s?
a) UP
b) AP
c) MP
d) HP
6. Idea Cellular , the Cell phone company has been appointed as
Business Correspondent by which Bank?
a) HDFC
b) ICICI Bank
c) Union Bank
d) Axis Bank
7. Stimulus package is announced when there is?
a) Inflation
c) Boom
b) Stagflation
d) Recession
b) Rs 800
d) Rs 700
507
Hyderabad
Pune
b) Bengaluru
d) Delhi
10 Finance Minister of the year for Asea award has been conferred on
a)
c)
Thomas Isaac
Manish
b) Brett Azuma
d) Pranab Mukerjee
11 Foreign nation can now remit ----% of their salary earned in India
to their country
a)
100%
b) 75%
c)
50%
d) 25%
7%
8%
during 2009-2010?
b) 7.5%
d) 8.25%
b) 55687
d) 61258
b) 7555870
d) 7758780
15. The out put of pulses & grains for 2010-2011 stood at ----- million tones
a) 175
c) 235.8
b) 200
d) 244.7
508
b) Rs 8000
d) Rs 10000
b)
d)
32.5
36.5
19. Y.H.Malegoan committee was appointed to study the issues & concerns of
a) Micro Finance
c) Agriculture
b) SME
d) Trade
b) 15%
d) 20.5%
b) 2012
d) 2014
23 Which of the following have been awarded the Navratna Status recently
a) RINL
c) SAIL
b) ONGC
d) NTPC
b) Statutory
d) Benchmark Prime Lending Rate
509
1
C
11
A
21
D
2
D
12
C
22
B
3
D
13
A
23
A
4
C
14
A
24
D
5
B
15
D
25
D
6
D
16
B
7
D
17
A
8
D
18
C
9
A
19
A
10
D
20
C
510
1.
b)
d)
Syandicate bank
Indian Bank
6.
b) 10
d) 7
500
700
b) 600
d) 800
8.
2%
4%
7.
b)
d)
b) 8.75%
d) 9.755
9.
10.
a)
c)
11
20000
50000
b) 40000
d) 60000
b) HDFC
d) Bank of Rajasthan
a)
Bank of Maharastra
b) Bank of Rajasthan
c)
Bank of Maholi
d) Bank of Madhurai
12.
a)
c)
b) 1981
d) 1983
13.
How many listed company are there in the country .
a) 2500
b) 3000
c) 3500
d) 4500
14.
a) UK
c) USA
15.
b) Germany
d) France
a) Germany
c) USA
b) UK
d) France
16. The name of ABN Amro Bank N.V has been changed to
a) The Royal banks of Scotlad
N.V.
c) The ABN ltd
Yuan
WON
b) Dinar
d) Dollar
512
b) Spurthi
d) Swayam Krushi
a) 10000
b) 15000
c) 20000
d) 25000
20 To be listed in the stock exchange, the minimum public holding of at least ----%
a) 10%
c) 20%
21
a)
c)
22
b) 15%
d) 25%
b) USA
d) Germany
Banks are mandated not to accept collateral security in the case of loans
Up to --------------- extended to units in the MSE sector
a) Rs 10 lakh
b) Rs 15 lakh
c) Rs 5 lakh
d) Rs 7 lakh
23
24
25
b) P.A.Nayer
d) Nalin Mehta
b) LIC
d) Reliance
b) 8.5
d) 9.5
513
Q.
Ans.
Q.
Ans
Q.
Ans
1
D
11
B
21
B
2
B
12
C
22
A
3
A
13
D
23
A
4
C
14
A
24
D
5
A
15
C
25
A
6
A
16
A
7
D
17
C
8
B
18
A
9
B
19
A
10
B
20
D
514
2.
b) Dieter Zetsche
d) Raymond Davis
SBI Bonds got a rating of AAA by CRISIL & CARE which indicate highest
a) Liquidity
c) Return
3.
The budget allocation for MGNREG during the current fiscal 2010-11 in crores
a) 30100
c) 50100
4.
b) Safety
d) Solvency
b)
d)
40100
55100
Goods & Services tax will be effective from 1st April--------a) 2010
c) 2012
b) 2011
d) 2013
b) Sasi Mukund
d) Albert Tauro
7. U.K.Sinha who has been appointed as chairman of SEBI was formerly Chairman &
Managing director of
a) Kotak securities ltd
c) UTI
b) Mahindra Sathyam
d) HDFC
b) 7.5%
d) 8%
9. Carbon credits are awarded to countries or groups that have reduced their
a)
c)
CO2
Advances
15
22
b) 18
d) 26
11 Large NBFCs which are taking deposits from the public have to maintain higher CAR of----%
a)
10
c)
12
b) 11
d) 13
10
12
b) 11
d) 13
b) ICICI
d) Indian Bank
b) Yashwant Sinha
d) Shusma sinha
15. The famous Hyundai and Samsung names are ----- firms
a) Japan
c) China
b) South Korea
d) Singapore
16. The bond issue(Feb 2011) of the SBI was for Rs.------crore from the retail investors
a)1000
c)2500
b)2000
d)3000
b)2012
d)2014
18. The S & P 500, the bench mark measure of----- shares
a) India
c) USA
b) Europe
d) U.K
516
b) Liquidity
d) Profitability
20. Minimum capital adequacy ratio (CAR) of the banks should be ---- % with a
Tier-1 CAR of at least 6%.
a) 8
c) 10
b) 9
d) 11
21. Bank on Bike service was launched on a pilot basis in --- district of A.P
a) Medak
c) Nalgonda
b) Rangareddy
d) Mahabubnagar
22. SONAGHAR is a
a) Credit card outlet
c) car loan outlet
23.
26.
b) Mobile Banking
d) Gold Banking
b) Personal loan
d) Debit Card
In its latest Credit Policy announcement in June 2011, the RBI has raised the policy
rates for the 10th time in 15 months .The repo rate has been hiked by .. Basis points
and at present is ..%
a) 25, 7.25
c) 25, 7.75
b) 25, 7.50
d) 25, 7.00
517
The Reverse repo rate has been hiked by . Basis points and the present
rate is . %
a) 25, 6.00
c) 25, 6.50
b) 25, 6.25
d) 25, 6.75
b) 8.25
d) 8.00
Q.
Ans.
Q.
Ans
Q.
Ans
1
C
11
D
21
A
2
B
12
C
22
D
3
B
13
C
23
A
4
C
14
B
24
D
5
A
15
B
25
C
6
B
16
B
26
b
7
C
17
B
27
c
8
D
18
C
28
a
9
B
19
A
10
D
20
B
518
2.
b.
d.
5%
10%
b.
d.
7.5%
no ceiling
5.
Maximum interest rate which can be allowed in call money market is:
a.
c.
4.
b.
d.
Under Notice Money Market funds are transacted for a period of :___
a.
c.
3.
20
30
b.
d.
25
40
6.
7.
For certificate of registration minimum net owned funds for new NBFCs should be
Rs-----a.
1cr
b. 2cr
c.
3cr
d. 5.00lacs
8.
Recently, SBI has opened two call centres at Gurgaon and Chennai to deal with
a.NPAs and Special Mention accounts
b. Customer grievances
c. ATM / Mobile / internet banking related queries
d.Queries related to P segment loans
519
9.
ATMS linked to the National Financial Switch (NFS) network are managed by
_____.
a. Reserve Bank of India (RBI)
b. National Payments Corporation of India (NPCI)
c. IDRBT
d.NCR
10.
A special campaign for financial inclusion to bring banking to the masses
launched by the Government of India is ______.
a. Swavlamban
b. Aadhar
c.Swabhiman
d.Atam Samaan
11 A High powered committee constituted by the RBI on the required changes in
existing policy framework and prevalent practices of customer service in banks was
headed by ________.
a. O.P. Bhatt
b. M. Damodaran
c. Bimal Jalan
d.P.B.Shetty
12.
13.
14.
b.
d.
b.
d.
520
15.
16.
CRR balance is maintained by banks with RBI daily on the basis of:______.
a.
b.
c.
d.
17.
To streamline various Green Banking initiatives, our Bank has set up _____ at
Credit Policy & Procedures Department, Corporate Centre, Mumbai.
a. Eco-friendly Charter
b. Green banking cell
c. Environment Hub of SBI
d.Financial inclusion cell
18.
Recently a self-service banking centre has been opened by our Bank to increase
customer convenience and provide 24/7 access to banking in _____
a. Hyderabad
b. Pune
c. Banagalore
d.Mumbai
19.
20. . Who is our Technology Service Provider for processing of Merchant Acquiring
Business Transactions?
a. PRIZM Payment Services Private Limited (PPSPL)
.b. c-Edge Technologies
c. SBI Cards Payments Ltd
d.New age technology
521
1
c
11
b
2
c
12
b
3
d
13
c
4
c
14
d
5
b
15
c
6
d
16
a
7
c
17
c
8
a
18
a
9
b
19
d
10
c
20
a
522
ASSIGNMENT - 8
1.
To prevent frauds in loan cases on the same immovable property, the
Government has proposed in budget 2011-12, to set up _______ under the SARFAESI
Act, 2002.
a. Fraud Monitoring Cell
b. Housing Ombudsman Scheme
c.Central electronic registry
d.trust monitoring cell
2.
SBI won _________ Award under the IBA Banking Technology Awards 2010.
a.
b.
c.
d.
3.
4.
b.
d.
Securitization
Factoring
Which of the following is not a term, which is used in the context of Asset Liability
Management?
a.
c.
5.
Derivatives
Leasing
Maturity Buckets
Residual Maturity
b.
d.
Capital Fund
Interest rate risk
Government of India has decided to roll out Direct Tax Code wef _____.
a. April 2012
b. January 2012
c.April 2011
d. July 2011
6.
Borrowing by banks from other banks / FI s in the call money market beyond 14
days is classified as:
a.
c.
Call Money
Inter-Bank Deposit
b.
d.
523
Which among the following represents the basic nature as an instrument for a
commercial paper issued by a company?
a.
c.
8.
b.
d.
9.
5 lac
25 lac
b.
d.
10 lac
none of the above
To cover home loan borrowers, a new product launched by SBI Life in place of
Dhanaraksha Plus is ______
a. SBI Home Suraksha
b.SBI life-Rin raksha
c. SBI Life Home Suraksha
d. SBI life Puran suraksha
10.
11.
b.
d.
The Tangible Net Worth of a company (as per the latest audited balance sheet),
for being eligible to issue Commercial Paper, should not be less than:
a.
c.
12.
Companies
Primary dealers
Rs. 1 crore
Rs. 4 crore
b.
d.
Rs. 3 crore
Rs. 5 crore
13.
7 days
one month
b.
d.
15 days
3 months
524
15.
17.
6 months
3 years
3 months
15 days
b.
d.
one month
7 days
18.
b.
d.
16.
12 months
3 months
face value
premium to face value
19.
20.
Rs.5 lac
Rs.100 lac
b.
d.
Rs.10 lac
Rs. 1 lac
Succeeding day
Preceding Business day
b.
d.
Preceding Day
Succeeding Business day
525
1
c
11
c
2
b
12
d
3
a
13
a
4
b
14
a
5
a
15
d
6
c
16
d
7
d
17
c
8
a
18
b
9
b
19
d
10
d
20
c
526
ASSIGNMENT-9
1.
2.
d.
3.
When the receivables of various loans and obligations are put together and
distributed or liquidated to various investors having liquid funds, the process is
called:
a.
c.
4.
b.
d.
factoring
liquidation
b.
d.
6..
leasing
securitization
5.
b. bond
d. commercial paper
b.
d.
Under the capital adequacy ratio requirements, the Tier II capital shall not exceed
______% of Tier-I capital.
a.
c.
25%
75%
b.
d.
50%
100%
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8.
Registrar of Companies
RBI
b.
d.
SEBI
IRDA
b.
d.
9.
Which of the following committees has given its recommendations for financial
inclusion
a)Kelkar committee
b)Rangarajan Committee
c)Rakesh mohan committee
d)Sinha committee
10.
11.
12.
re-mutualisation
de-materialization
b.
d.
de-mutualisation
re-materialization
13.
14.
The term Green Field Projects in the context of project financing means
a.
Projects installed in Green Field
b.
Project relating to agro-based activities
c.
Project financed by way of agricultural resources
d.
New projects, which have to be started from scratch including the provision
for infrastructure
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15.
16.
17.
20
CAMEL
RFIA
19.
b.
d.
As per RBI directives, the banks are required to create a reserve in respect of
their investments in securities under SLR or otherwise, which is known as:
a.
c.
18.
CAMELS
CACS
b.
d.
SAFTA
Singapore Agreement
1
d
11
a
2
c
12
b
3
c
13
b
4
a
14
d
5
b
15
c
6
d
16
a
7
c
17
a
8
d
18
c
9
b
19
b
10
b
20
b
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2.
c)V.K. Kohli
5. .------- and SBI have formed a joint venture with an investment of Rs100cr to
reach out to unbanked areas.
a)Airtel
b)BSNL
c)Reliance
b)PNB
c)SBI
7. Ceiling amount for referring cases for compromise settlement of dues of banks using
LokAdalat has been increased from Rs10.00lacs to ------a)Rs 15.00lacs b)Rs 20.00lacs c)Rs30.00lacs
8. SBIs first Ultra HNI branch opened in---------a)Mumbai
b)Calcutta
c) Hyderabad
9. . IFRS stands for -------------a)Indian Financial reporting standards
b)International Financial reporting standards
c)Indian Fiscal reporting standards
d)International Fiscal reporting standards
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1
2
3
4
5
c
b
c
b
a
6
7
8
9
10
c
b
c
b
a
11
12
13
14
15
a
b
c
c
a
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