Category: multiple choice questions

RECALLED QUESTIONS FOR BANK PROMOTION EXAMS : 2nd SET 1. Garnishee Order is issued by ......... and bank is ……..of the Judgement Debtor Court, Debtor. 2. Registration of document (other than will) within a period of: 4 months. 3. Banking Ombudsman: maximum award to be passed: Rs. 2 million. 4. Borrowing powers of director or board i.e. the extent to which Directors can borrow is given in: Articles of association 5. In CGTMSE, for loans from Rs. 5.00 lac to Rs. 50.00 lacs, what is the claim percentage: 75%, Rs. 37.50 lacs (80% in case of women & north east) 6. Frauds of Rs 10,000 & above but below Rs 0.1 million: State Police; to the local police station 7. Maximum loan amount for renewable energy for classification as PS is: Rs.15.00 cr 8. Maximum loan amount for social infrastructure for classification as PS: Rs. 5.00 cr 9. Loans up to which amount for artisans, village and cottage industries to be classified under weaker sections: Rs. 1.00 lacs 10. As per official language policy, where participants in a training program are from regions ‘A’ and ‘B’, the training may be imparted in: Hindi. 11. What is the maximum loan amount under Stand up India scheme? Rs.100.00 lacs 12. As per latest RBI guidelines, DD of Rs. 20000/- and above to be issued as: A/c payee crossing 13. Overdue of loans from 61 to 90 days is: SMA2 14. ABC are partners of a firm X. Firm has availed loan of Rs. 2, 00,000/- and one of the partner died when the liability is Rs. 2.00 lacs. After the death of a partner, credit of Rs. 2.00 lacs and debit of Rs. 1.50 lacs happened in the account. What is the liability of the legal heirs of the deceased partner as per Claytons rule: No liability 15. Partner’s liability – Joint and Several, Unlimited 16. Who is a Resident? People staying in India for > 182 days in previous financial year. 17. PMMY Shishu loans upto: Rs. 50000/- 18. At national level, APY is monitored by: Pension Fund Regulatory and Development Authority 19. RBI prescribes CRR as per: Sec 42(1) RBI Act. 20. Utkarsh bank get approval for: SMALL FINANCE BANK 21. Uniform savings bank rate by RBI upto: 1 Lakh 22.CGFMU for which scheme: Credit Guarantee Fund for Micro Units (CGFMU) was notified by Govt. on 18th April 2016 and has been made effective retrospectively for loans sanctioned: Shishu Loans: covering loans upto Rs 50,000/-; Kishor Loans: covering loans above Rs 50,000/- and upto Rs 5 lakh; Tarun Loans. 23. Frauds of Rs. 0.1 million and above involving outsiders and bank staff: To the State CID/Economic Offences Wing of the State concerned 24. Micro Manufacturing enterprise is one in which investment in machinery up to: Rs 25Lakhs 25. Small Service enterprise means in which investment in equipment is up to: Rs2 Crore 26. Counterfeit note kept record for year: 3 years 27. NEFT total settlement during the day: 23 28. JLG member range: 4 to 10 29. Payment bank accept deposit upto 1 lakh by: Only Saving and Current account 30. Walk in customer deposit amount Rs…..and above to verify KYC: RS 50,000 31. CERSAI full form: Central Registry of Securitization, Asset Reconstruction and Security Interest of India 32. Notice money vary from 2 to …………day: 14 days 33. Frauds of Rs 30 million and above and up to ₹250 million: CBI- To be lodged with Anti- Corruption Branch of CBI (where staff involvement is prima facie evident) or Economic Offences Wing of CBI (where staff involvement is prima facie not evident) 34. As per KYC guidelines, where the customer is an unincorporated association or body of individuals (including societies), the beneficial owner is the natural person(s), who, whether acting alone or Together, or through one or more Juridical person, has/have ownership of/entitlement to: more than 15 percent of the property or capital or profits of the unincorporated association or body of individuals. 35. Bank is a member of which CICs – Transunion CIBIL, Experian, CIC, Equifax CIS & CRIF High Mark CIS. 36. Profit before tax (450), tax (150), Depreciation (75), Interest on TL (75) & Instalment of TL (150) – Calculate DSCR: 2:1 (profit after tax+ Depreciation + Interest on Term Loan)/ (Annual instalment + Interest on Term loan) = (450+150 + 75 +75) / (150 + 75) 37. Working Capital Limit (Rs 30 lacs), Outstanding Liability (Rs 18 lacs), Margin (25%), Stocks (Rs. 21 lacs) – What action bank needs to take: Bank should ask borrower to regularize the drawing power to avail full limit as DP at present will be Rs 15.75 Lac whereas outstanding is Rs 18 lac . 38. Reporting fraud cases, amount above Rs. 3 Cr and up to Rs……….to be lodged with ACB, CBI where staff involvement is there - Rs. 25 Cr. 39. UCP 600 is maintained and revised by: International Chamber of Commerce (ICC). 40. A product that derives its value from the performance of an underlying entity: Derivative

Category: multiple choice questions

RECALLED QUESTIONS FOR BANK PROMOTION EXAMS : 2nd SET

Multiple Choice Questions (MCQ-2)

Quick Links

Links

Important Links