Question Answers

PPT 2017
1) Financial Inclusion (FI) is also known as – (MOI-V)

1) Sampoorna Vittiyea Samaveshan
2) Fasal Bima Yojana
3) Aajeevika
4) Din Dayal Antodaya Yojana
5) None of the above.
2) FI -means – (MOI-V)
1) Giving Rupee 500/- and 2000/- notes in new series
2) Taking Rs.500/- and 1000/- Notes which are designated as SBN
3) It is a process of ensuring access to Financial Services , timely and adequate
credit to the vulnerable sections of the society such as weaker sections and LIGs
at affordable costs.
4) Including , everybody having money to open a/c s with us in SB , FD and /or PD
a/cs.
5) All the above are correct.
3) Opening BSBD a/cs is also a step towards FI . What do you mean by BSBD a/cs- (MOI-
V)
1) A revised No-frill A/c which is known as Basic Savings Bank Deposits a/c.
2) Bala-Shakti and Bala-Dhan Deposit a/c (TD)
3) A type of loan given for education of children up to 10th standard (Bala- both
boys and girls)
4) Banking securities and Banking Deposits A/c
4) FI- includes – Only one choice below is correct . Please mark it. (MOI-V)
1) Provide add on services like agricultural portals
2) Provide safe and secured money transfers
3) Provide financial Counselling and advice , promote financial literacy , financial
awareness and financial capability
4) Availability of basic financial products like Micro insurance covering not only life
an death but also crops , assets and accidents
5) RBI has advised to follow any one of the following models in implementing FI- Mark
the right choice. (MOI-V)
1) Brick and Mortar branch model
2) Engaging Business correspondants
3) Opening Small CBS mobile outlets
4) Option 1 and 2 are correct.
5) Option 1, 2 and 3 are correct.
6) Examples of some Deposit a/cs coming under FI- are given below . However there is
an incorrect option , please mark the such wrong option. (MOI-V)
1) Synd Samanya SB
2) Small a/c and RDs even with Rs.10/-
3) SB a/cs under product code 225
4) RD millionaires a/cs
5) BSBD a/cs
7) One of the loan products coming under FI- are given below – Mark the right choice
(MOI-V)
1)Loans under housing needs for the lower income segment of people covered by
CRGFTLIH
2)SKCC FI
3) SGCC under Micro and small enterprises like small business , artisans ,
handloom weavers, Self employed persons , vehicle repair and services , small
hotels etc.
4) SHG Bank linkage programme with cash credit limits may be for farm and non-
farm sectors
8)Banking Services are made available to the entire population without discrimination
through implementation of FI. The bank has also ensured that developments in the
technology percolate to the rural masses , to ensure FI . What do you mean by IT
enabled FI – Mark the right choice . (MOI-V)
1) Allowing business correspondants / customer service provider , duly appointed ,
to work on hand held machines
2) Use of voice based mobile technology ]
3) Taking the services of BC for identifications of borrowers, sanctioning &
recovery of loans , selling Micro insurance products
4) Obtaining KYC and compliance of AML rules
9) One of the important components of FI is promoting Financial Literacy. This enables

Credit , Savings enhancement. The such literacy includes , one of the following options .
Please mark the right choice. (MOI –V)
1) Jnana Jyoti Financial Literacy and Credit Counselling Trust is formed by our bank
and Vijaya Bank jointly for promoting Financial Literacy
2) The above trust educates people in rural and semi urban areas with regard to
various financial products and services
3) It makes the people aware of the advantages of being connected to a Financial
Institution.
4) The above made known to people in formal and informal way for their financial
planning.
10) With a view to plug in the loopholes in administration of subsidy under the schemes
of GOI and respective State Govt. To enhance the efficiency of delivery , GOI has
proposed to route subsidy through AADHAR based bank a/cs . This is known as – (MOI V)
1) RiNn Yojana
2) DBT
3) SIT
4) SIP
5) DAY
11) The 6th and the last pillar concentrates on Pensions to Unorganised Sector . One of
the following option is correct. Please mark it. (MOI V)
1) This is a scheme giving oldage income security. And therefore known as
Swavalamban Scheme.
2) Central Govt. Would contribute Rs.1000/- Pa in each NPS a/c opened and having
a savings of Rs. 1000/- to Rs.12000/- Pa for a period not exceeding 5years .
3) the Scheme is operated through aggregators appointed by PFRDA .
4) Our bank is also an aggregator to the above scheme.
12) Under the FI- structure of PMJDY a/cs , an OD limit of Rs.5000/- can be given ,
through RuPay Debit card to every basic a/c holder . One of the following options is
correct for such eligibility. (MOI V)
1) Normally it is extended to the lady member in case of bank a/c of both husband
and wife.
2) Release of said OD facility , of Rs.5000/- , would be in a phased manner
starting with Rs.1000/- and after observing satisfactory performance of the a/c
within the next 6 months remaining amount should be released.
3) This OD facility is covered by Credit guarantee fund
4) ROI on these OD a/cs is proposed at 11% , including guarantee fees.
13) How many pillars or Mission objectives are there in FI Project. (MOI V)
1) 4
2) 5
3) 6
4) 7
5) 8
14) One of the following is first and foremost important pillar of FI Project. ( MOI V)
1) Financial Literacy Programme
2) Universal access to Banking facilities & Micro Insurance
3) Providing basic banking A/cs with OD facility & RuPay Debit card .
4) Creation of Credit guarantee fund and Swavalamban scheme
15) One of the following points is correct in case of Pradhan Mantri Jan Dhan Yojana a/cs
which is coming under FI . This modification has come only after demonetisation of SBNs
. ( 496/16)
1) A fully KYC compliant PMJDY a/c holder may be allowed to withdraw
Rs.10000/-from their a/c in a month.
2) The branch Manager may allow further withdrawal beyond Rs. 10000/- within
the current applicable limits only after ascertaining the genuineness of such
withdrawals and duly documenting the same on Bank’s record.
3) Limited or non-compliant PMJDY a/c holder any be allowed to withdraw Rs.
5000/- from the amount deposited through SBNs after Nov 9 ,2016, within the
overall ceiling of Rs.1000/-.
4) The such measures is taken by RBI as a matter of precaution to protect the
innocent farmers and rural a/c holders of PMJDY from activities of Money
Launders and further legal consequences under Benami Property Transaction and
& Money Laundering Laws .
16) Banks are to preserve the old records . The rules are governed under provisions of
one of the following Acts. Mark the right choice. (MOI)
1) Banking Regulation Act.
2) Bankers’Books of Evidence Act
3) Different banks have their own different rules
4) Limitations Act
16) Rs.500/- and Rs. 1000/- are demonetised as per Govt. Policy recently. It means they
are not acceptable as a valid currency in the market. These notes are known as –
(443/16)
1) Old series
2) SBNs
3) Higher denomination notes
4) Fake and counterfeit notes
5) Notes not for poorer class.
17) What is the highest denomination bank note that RBI can issue as per provisions of
RBI Act. (MOI)
1) Rs.10000/-
2) Rs. 1500/-
3) Coins of Rs 1000/-
4) Rs. 20000/-
18) A cheque is defined under section – of NI Act 1881 . (MOI)

1) Section 3
2) Section 4
3) Section 5
4) Section 6
5) Section 10
19) An account was opened on 11.7.2012 and cheque book was taken on very next day.
A cheque was issued on 15.7.2012 but date on the cheque was written as 30.6.12. The
cheque was presented for payment on 21.7.12. can the cheque be paid? (MOI)
1) The cheque can not be paid because the date is prior to the opening of a/c
2) It is to be referred to the drawer to change the date explaining him the latent
mistake
3) Such cheques can be paid only through the a/c and cash can not be paid across
the counter
4) The cheque can be paid provided it is otherwise in order as writing the date
on the cheque which is prior to the date of opening the a/c is not unlawful.
5) It is a legally complicated question hence such situations are to be referred to
Supreme Court.
20) AOD constitutes an important step to keep the documents alive for legal remedy.
The is to be obtained at least 6 months before the documents are time barred. One of
the options is correct regarding the collection of such AOD (178/92)
1) AOD can be collected from the borrower
2) AOD can be collected from the guarantor
3) AOD can be collected from the Co-obligant
4) AOD can be collected from the legal heirs in case of the death of the principal
borrower
5) All the above options are correct.
21) party whose title deeds are with us and requests for a Xerox copy, we have to take
the following precautions(170/96) –
1) Request with tallied signature;
2) Collecting cost;
3) acknowledgement and filing;
4) not to give title deed copies without RO sanction. That too after writing
on every page that original papers/documents are with us for a loan to
avoid unscrupulous use.;
5) all the above.
22) Garnishee orders issued by courts, attaching the salary of our employees comes
under(182/96)-
1) CPC;
2) CBS;
3) CRPS;
4) Sale of goods act;
5) as per bank’s practice.
23) Fixing the accountability of inspectors /auditors for their failure to detect and report
serious irregularities is as per-(120/97)
1) Raghuraman Committee;
2) Urjit R Patel’s Committee;
3) M V Nair’s committee;
4) Jilani committee;
5) No such committee. Inspectors can not be at faults.
24) calculating the ‘”Time barred debt” in case of term loan documents the following is
the basis. (7/99)
1 ) DPN of the document
2) Earliest unpaid instalment
3) Date of NPA Classification
4) Performance of the account
5) Date of non co-operation of the borrower customer
25) Once a loan case is filed under Revenue Recovery Act no need of suit file till the case
is pending RR Act. This statement is correct under the following cases.(8/99)
1) All states in our country
2) Only selected states in our country
3) Only in the states of Gujarat and Haryana
4) Now a days the RR Act is not prevailing
5) None of the above is correct
26) While availing LFC where both wife and husband are our employees and wife is in a
higher cadre/grade the following is correct( 28/99)
1) The better LFC terms of wife can be availed
2) The husband’s entitlement can be availed
3) It depends on the no of family members
4) Both can avail separately
5) None of the above is correct
27) In partial modification of the guidelines already issued , a revised compromise
petition to be filed before DRT /Civil Court along with a letter to be addressed to the
defendants before entering in to compromise decree. The following option is correct:
(58/99)
1) Bank can get the decree immediately with single default clause, which
can be executed
immediately for the entire amount as claimed in the plaint in case of
default.
2) Bank will get refund of half Court fee in case of compromise settlement
arrived and reported
to the Court before commencement of trial of such suit.
3) Bank need not approach the Court again in case the party fails to pay the
dues as per the
agreement and in case of default, entire suit is deemed as decreed in favour
of the Bank and the
same can be executed immediately.
4) The Bank can independently proceed against those defendant/s who
has/have not joined for
the compromise and obtain a separate decree/Recovery Certificate against
those defendants, if so
desired by the Bank depending upon facts and circumstances of each case.
5) all the above are correct.
28) A ready built house can be purchased by our staff. The following the correct.
(118/00)
1) only clerical staff are eligible
2) only officer staff are eligible
3) only executive staff are eligible
4) all the employees are eligible
5) It is permitted only in case the such purchase is from blood relatives.
29) The following deposit scheme is now stands discontinued (4/01)

1)Bramara deposit scheme
2)Cumulative deposit scheme
3)VCC
4)FD
5) RD plus
30)What is the maximum amount of eligibility of leave for miscarriage/MTP/abortion for

our female employees (49/01)
1) 15 Days
2) 2 weeks
3) 1 month
4) 365 days
5) no special leave for the above categories.
31)A document which is decreed(after judgment) has also a limitation period which
starts from (15/02)
1)12years
2) from the date of decree
3) from the date of receipt of such decree
4) by the time decree came the document is automatically is time barred
5) none of the above
32)While giving loans sometimes we take registration of simple mortgage deeds, the
formats to be used are – (90/02)
1) ASD6
2) ASD6 & 10
3) ASD12 & 56
4) ASD12 & AFD56
5) AFD12 & 56
33) SARFESI Act is made in the year 2002. The expansion is – (196/02)
1) the securities and reconstruction of financial assets and enforcement of
security interest
2) standardized assets report and financial assets of India
3) it is a type of satellite information on essential services in India
4) it is method of reporting NPL a/cs above 25crores in India
34) ACABC refers to – (62/03)

1) it is a type of agricultural loan
2) agricultural credit extended by Andhra bank and its constituents
3) agri clinic and agri business centers
4) it is a deposit scheme to be made by agriculturists in rural branches.
35) Best practice code (BPC) has recommended to prepare a chalked out guidelines to
avert frauds and recommendations to be implemented without legislature change
This is as per the recommendation of – (01/04)
1)Talwar committee
2)Narshiman committee
3)Dr. L N Mitra committee
4)Sahamina committee
5)None of the above
36) Providing documents to CBI , in original, when investigating officers has due
authority from SP of Branch of CBI is permitted before parting of such documents the
following procedures to be complied- (11/04)
1) The such CBI officer should give in writing
2) all the papers parted are to be copied and they have to be sealed and signed by
CBI
3) the such papers are to be kept in double lock
5) parting with original documents is not allowed. CBI can only take Xerox copies.
37) Punctuality , neatness, appearance , manners, positive attitude , confidentiality etc.

are some of the examples – (31/04)
1) Best Practices Code
2)Best behavior and practices
3) OMC policy
4) Due diligence
5) None of the above
38) The following form is used in our bank while disposing claims of assets of the
deceased persons – ( 106/ 04)
1) AF157
2) OG13
3) OG99
4) ASD 11
39) Synd Yatra refers to, this scheme however is now withdrawn –( 238 /04,23/07)
1) it is establishments of kiosks at pilgrim centers like the one which we
have recently opened at Shiridi
2) it is a loan scheme to fund business and holiday travel
3) it is a temporary atm (mobile) at most of the tourist centers across the
country
4) it is a scheme of deposit where in the depositor can deposit money at the
home branch and a hassle free drawl is allowed at any place where we have
a branch including at places of tourist and travel importance.
40) Synd Solar Jyoti is a scheme providing finance for the installation of – (244/04)
1) Solar lighting system
2) solar water heater
3) solar rural electrification
4) there is no such scheme in our bank
41) In the case of Anumati vs. Punjab national bank , Supreme court has given a
judgment – the following is right choice- (52/05)
1) FD in the joint names loan can not be given to one person even though
there is E/S clause
2) it is litigation of housing loan happened in our bank
3) it is a case regarding Synd mahila shakti loans
4) it is a case in connection with vehicle loan frauds
42) Talwar Committee has recommended a cheque can be written in – language –

(53/05)
1) English only
2) Hindi only
3) both a and b
4) only in local vernacular
43) Horticulture refers to growing of – (173/05)

1) Growing flowers
2) Growing fruits
3) Growing organic vegetables
4) Growing aromic plants
5) All the above
44) One of the following banking facilities are offered to visually impaired persons . Mark
the right choice- (240/05)
1) Cheque books can be given but crossed at the time of issue
2) Withdrawal forms can be given in presence of a person
3) Locker can be given either singly or jointly
4) ATM facility can be given
5) all the above
45) Complaints made to Ombudsman under banking Ombudsman scheme 2006 entities
it is to be addressed to the branch at the first instance. Only if it is not satisfactory ,
within a time frame of limitation, it can be referred to banking ombudsman. But such
complaint should be made in – (09/06)
1) Writing
2) Electronic media
3) Posters
4) Orally to regional office
5) both a and b
46) Bank guarantees , LCs acceptances are termed as (290/06)

1) Off- balance sheet exposures
2) Contingent liabilities (CONTRA)
3) Long term liabilities
4) Short term liabilities
5) It is a schematic deposit
47) Bank branch has to maintain complaint register/book in prescribed format as given
by IBA. In our bank it is known as OF1937R , where in it is of 3 copies in 3 colors. This is
as per - committee recommendations- (20/07)
1) Goiporia Committee
2) Sikdar committee
3) Raghuraman committee
4) Rangarajan committee
5) Panda Committee
48) NABCONS processes high value proposals involving comparatively high technique, for
such service they do collect hefty fees from us. NABCONS refer to – (34/07)
1) National banks for consumers
2) It is a coin issuing agency set up by RBI
3) It is NABARD consultancy services
4) an agricultural prime lending institution
49) Synd Shakti is – (37/07). However this scheme now stands withdrawn (248/08)
1) A scheme for extending need based credit to artisans for purchase of power
tools
2) Earlier form of Synd mahila shakti
3) It is a pre modified Synd bal shakti
4) There was no such scheme in our bank
5) It is a scheme to provide finance to doctors who have set up practice recently
50) One of the following rule is correct in case of nomination facility- (97/07)
1) If the depositor does not want to nominate a person he has to give it in writing
2) If he does not want to give in writing as above the branch has to make a
mention in the a/c opening form under signature of branch head
3) In any case the depositor should not be deprived of opening the deposit a/c
4) Now a days as per nomination rule under sec ZE under banking regulation Act
1949 nomination is a must
5) Only 1, 2 & 3 are correct choices
51) Synd small credit- a new scheme with door step banking facility is linked with –
(130/07)
1)a recurring deposit
2) a fixed deposit to mature before 180 days
3) current ac
4)Pigmy deposit ac
5)VCC with 6 months
52)An application made to banking ombudsman under the scheme 2006 can be
rejected as per one of the reasons given below – (132/07)
1) it is not as per clause no 8 of the act
2) it is beyond the jurisdiction of office of the banking ombudsman
3) no loss to the party
4) no documentary evidence is available
5) all the above
53) We have 7 different types of audits in practice, which one of the following is not an
audit- (215/07)
1) RBIA
2) IS and concurrent audit
3) Portfolio & compliance audit
4) Special audit and other audits
54) One of the following is a right choice- (241/07)

1) Lunch expenses are paid to subordinate staffs
2) Lunch is provided to clerical staffs
3) Probationary employees are also eligible for lunch expenses with effect from
1.8.07
4) Lunch expenses are given to all executives
5) all the above are correct
55) Synd suraksha is- (25/08)

1) It is a fixed deposit made for the future of children to meet education
expense at an later date
2) it is a type of RD where in the matured value is redeposited to earn interest
3) it is group term life insurance to cover savings bank ac holders
4) it is a medical insurance plan
5) none of the above.
56) Legal guardianship certificate issued under the National Trust for the welfare of
persons with autism, cerebral palsy, mental retardation and multiple disabilities Act
1999. The such certificate is issued by following authority is allowed. (45/08)
1) No such certificate is required , it is only natural guardians who can act upon
2) District court under mental health Act 1987 is empowered to issue such
certificate
3) Local level committed set-up under the Act is empowered to issue such
certificate
4) Both (b) and (c) are the right choices
5) None of the above are correct as it requires no such certificate.
57) Incognito visits to Banks by RBI officials are made to verify/check one of the
following (51/08)
1) Banking operations
2) Currency
3) Foreign currency
4) Govt. Business
5) All the above
58) DRI Scheme is one of the popular poverty alleviation programmers of our Banking
system. One of the following choices is correct. (112/08)
1) Income ceiling in Rural areas is Rs 18,000 p.a and in Urban areas is Rs 24,000
p.a
2) The land holding ceiling is 1Ac irrigated land and 2.5 Ac unirrigated
3) The above land holding ceiling is not a criteria for SC/STs
4) All the above are correct
5) None of the above is correct.
59) Settlement of claims in respect of missing persons prevails upon u/s Sec 107 and 108
of Indian Evidence Act 1872 . The claimants have to move court for Presumption death
certificate after 7 years of missing. To mitigate the troubles for the claimants for claims
up to Rs 25,000 with out going for court certificate we can settle the amount on the basis
of one of the following options. (181/08)
1) FIR copy filed before 7 years from the date of the claim
2) Non traceable report from the Police
3) Letter of indemnity
4) all the above
5) any one of the above
60) As per RBI guidelines visually handicapped persons can have the following Banking
services. Mark only the right choice. (193/08)
1) They can open accounts singly or jointly
2) Cheque book can be given with a mention that the drawer is a VH
3) Locker facility can also be given, but if it is given jointly such joint holder
should not be a VH
4) all the above are true
5) none of the above are true as the person is VH and transactions with him
exposes us for risk.
61) The schemes PMRY and REGP are now merged and given a common name. (262/08)
1) SJSRY
2) DAY NRLM
3) DAY NULM
4) PMEGP
5) No such merger is made yet
62) Sometimes deposit ac are frozen at the instruction of enforcement authorities. One
of the following condition is true in this respect- (297/08)
1) Request letter from the party is required for the renewal of term deposit to
the original term on maturity
2) No new receipt is to be issue.
3) Inform the enforcement authority to this respect by the registered post or
speed post or courier under advise to the depositor.
4) All the interest accruing on such deposits shall also be frozen till the ac is
unfrozen.
5) all the above are correct options.
63) Sometimes performance linked cash incentives schemes are implemented to staff
members. In such cases the such incentive received is subjected to the following
conditions—(306/08)
1) It is subjected to income tax.
2) Suspended and impounded employees are not eligible for such incentives
3) The so calculated incentives is to be transferred to the transferee branch if the
employee is transferred.
4) In case of death of employee his legal heirs are eligible to take such amount.
64) Under Right to information act 2005, the following is focal point (317/08)
1) Branch
2) RO
3) CO
4) HO
5) MCB
65) A person having an a/c may be signing or thumb impression holder if he has lost both
hands and legs but now can not sign or give impression wants to draw money from his
ac, the following procedure is to be observed. (27/09)
1) Because he is incapacitated the money can be paid to his legal heirs and
close the ac once for all
2) Pay money to him somehow if manager is satisfied backed by necessary
medical certificate
3) he can continue the ac by giving impression of any part of his body which is
valid as per Supreme court judgment that he has contacted the instrument by
any means
4) Convert the ac into joint ac so that the next man can draw money in usual
course
66) Customer surveys are carried out by CERPA. As per IBA guidelines they include items
like staff shortage , postings, sitting arrangements, cash limits etc. CERPA here means –
(50/09)
1) Central Reserve for performance appraisal
2) Certificate of posting authority
3) Certificate of planning and action
4) Central privilege act
5) Centre for research planning and action
67) Janashree Bima Yojana is with LIC of India. This covers life and permanent disability
of the insured with an add on benefit under Shiksha Sahayog Yojana where in a
scholarship is provided to two children of the covered member, at no additional cost
(67/09). Mark the right choice to which it belongs to-
1) Borrower in case of consortium lending
2) women beneficiaries under SHG credit links
3) All the members of joint liability group
4) Small farmers and marginal farmers
68) As per the recent amendment made to banking ombudsman scheme 2006, one of
the following amendment is correct- (73/09)
1) an Complaint can be written either in person or throw his authorized agent
2) the complaint should not be represented by an advocate
3) the complaint can be made through electronic media also
4) jurisdiction is to be observed
69) As per banking companies (nomination rules) 1985 the following changes are made –
(87/09)
1) Banks to give acknowledgement of receipt , cancellation , variation of
nomination to customers weather he requests or not
2) banks to write the name of the nominee on passbook or statement of ac or FDR
if the customer agrees in writing
3) nomination rules have no such option we need not give any acknowledgement
4) Once made nomination is final no alteration or changes are allowed till the
maturity
5) Both 1 and 2 are correct.
70) One of the following choices is right in case of application received under RTI 2005 –
(128/09)
1) If the letter is received acknowledgement can be given and branches should
not refuse to receive / acknowledge at any cost
2) ensure requisite fees Rs 10/- is paid by the applicant in eligible cases
3) reply is to be given by PIO within 30days
4) PIO can refuse if the application is not acceptable stating the reasons there
on
71) Loans against Rights , licenses etc charged to the bank as collateral in respect of
projects( including infrastructure projects) financed by the bank should not be reckoned
as tangible security. Hence forth such advances shall be treated as – (141/09)
1) Corporate exposure
2) Infrastructure exposure
3) Unsecured exposure
4) Secured exposure
5) No loans can be given against intangible security as per RBI guidelines.
Hence question of classification does not arise.
72) Now a days issue of safe keeping receipts(SKR) is a news in circulation where frauds
are being perpetrated. Our bank has come out with one of the following guidelines to
avert it. ( 142/09)
1) Banks are advised not to entertain such requests from customers
2) Banks are advised not to entertain such requests from non-customers
3) FEMA does not allow this
4) As this is in practice with private banks in our country and other banks in
abroad it can not be guaranteed of genuineness and value and also the legal
validity
5) All the above.
73) REEP is agricultural extension programme renamed. The expansion is- (165/09)
1) Rural Extension Education Programme
2) Rural Education and Economic Programme
3) Rural Education of Engineering Programme
4) It is a variety of new paddy seed
74) As per the policy on closure of fraud cases up to Rs 25Lacs one of the rules given
below is correct – (180/09)
1) Fraud cases pending with CBI/Police/Court have been finally disposed off
2) examination of staff accountability has been completed
3) Amount of frauds has been required or written off
4) Insurance claims where ever applicable have been settled
5) All the above are correct choices.
75) One of the following lending ventures/advances is not eligible under PMEGP
scheme(209/09)
1) Agriculture/ farm sector activities and projects which do not involve
manufacturing process , value addition
2) business activities like opening grocery and stationary shops etc involving
no manufacturing process or value addition
3) Farm related activities goatry , piggery , poultry
4) All urban / rural activities ( except auto rickshaw, tourist boat, house boat
in Andaman Nicober islands , tourist boats( Shikara) in J & k and Cycle
rickshaws)
5) All the above Are correct and eligible under PMEGP
76) Threshold limits for review in loan sanctions is enhanced to Rs – Lacs in respect of
sanctions other than branded products such as laons to agriculturists, traders ,
manufacturing units under SSI /medium / large industries etc. (256/09)
1) Rs 2 lacs
2) RS 5 lacs
3) Rs 10lacs
4) Rs1 crore
5) No such enhancement is muted
77) DRI scheme has the following guidelines. Please mark the correct the choice-
(270/09)
1) Loan limit is 15000/- for general purpose and rs25000 for housing purpose
(163/07)
2) Family income pa rs18000/- rural , 24000/- for semi-urban, urban and metro
areas(112/08)
3) 9loans per quarter in rural and semi urban areas and 6 loans per quarter in
urban and metro areas(112/08)
4) Housing loans for extension( top- up loans) under Indira Awas yojana can be
given(1789/08)
78) While opening current a/cs we do take introduction, one of the following changes is
correct in this respect – (272/09 )
1) There is no bar on a SB ac holder introducing his own current ac provided the
such SB ac is more than 6 months old
2) There is no bar on a SB ac holder introducing his own current ac provided the
such SB ac is duly introduced
3) It is not necessary that only an existing current ac holder should introduce a
new current ac.
4) Even when a properly introduced KYC is a must, introduction is not an end itself.
79) Swarna jayanti shahari rojgar yojana (SJSRY) is made after margining the following
existing programmes- (286/09)
1) NRY ( Neheru rojgar yojana)
2) UBSP (Urban basic services for the poor)
3) PMIUPEP (Prime minister’s integrated urban poverty eradication programme)
4) All the above
5) SJSRY is itself a poverty alleviation programme newly created and is a
successful poverty alleviation programme.
80) Scheme for extending legal and financial support to officers of the bank against
whom motivated false complaints have been made by people/ agencies outside the bank
, is in force which is applicable to – (288/09)
1) Officers on role
2) Officers retired
3) Officers deputed within India
4) this applicable only in respect of their (Officers) bonafied execution bank
work while in service
81) Employees of branch are supposed to be at their workplace 15mins earlier than
business hours. This recommendation is made as per – committee on customer services(
11/10)
1) Goiporia committee
2) Tandon Committee
3) EWCL committee
4) Dutta committee
5) Talwar committee
82) In case of claims of the assets of the deceased customer our bank has provided a
checklist of documents. To avoid delay branches not to insist on for other documents
except death certificate, declaration( OG99- claim form) for settling claims up to rs
25000/- however in such cases also succession certificate is to be insisted upon when-
(45/10)
1) There is a dispute among claimants
2) All the legal heirs are not ready to execute an indemnity bond
3) Where there is a reasonable doubt about the genuineness of the claimants
4) the such succession certificate issued should be from an authority not lower
than Tahasildar/ Competent court.
83) Once a currency note is detected to be counterfeit , such bank note can be
impounded by one of the following as per RBI guidelines – (73/10)
1) Public sector banks
2) Private sector banks and co operative banks
3) foreign banks and RRBs
4) all treasuries and sub-treasuries and RBI issue offices
5) all the above
84) Power of attorney(PA) is issued to officers to act on behalf of the bank in financial
matters. The following rules are to be observed in this connection. Mark the right choice-
(139/10)
1) The officers has to keep his Pa in his own custody
2) Not to part with it when given to court through lawyer has to collect the same
at his own responsibility
3) When earlier branch requests the PA on court duty it can be sent through
registered post with ack due and to take the responsibility of collecting the
same.
4) If the PA is lost for whatever the reason is , it is construed as negligence and has
to bear the cost of issuing such duplicate
5) All the above are true.
85) As per Prime minister’s 15point programme for the welfare of minorities 15% of our
loans should go to our minority communities as per PSA sub targets. This as per the
recommendations of committee- (213/10)
1) Guha committee
2) Kalyan Raman’s committee
3) Rangrajan’s Committee
4) Sachar committee
5) Haradhan committee
86) Some branches are transferring loans to branches where the manager is also getting
transfer. Thus the sanctity of the loan portfolio is lost. In this connection our bank has
come out with one of the following guidelines. Mark the right choice (222/10)
1) Transfer in the same region is permitted at the convenience of the borrower
2) The such transfer is permitted only at the prior permission of RO.
3) Intra region transfer is to be permitted at corporate level
4) The exception to above rule is all loans pertaining to staff other than housing
loans can be transferred to the transferee branch.
87) Talent grooming and retention measures are maintained from the different
measures conducted by IIBF. In this connection incentives for passing such examination
are also allowed. The following is not one such examination- (282/10)
1) CISA certification
2) CISSP certification
3) Oracle certification
4) Risk management examinations
5) Post graduation with financial management
88) CSIS refers to - (308/10)

1) It is a central scheme for providing interest subsidy to education loans
taken by students by economically weaker section
2) It is a certificate course conducted by IIBF
3) It is a hybrid variety of Wheat used in Rajasthan and other rain fed areas
4) It is a scientific method of cultivation by using less water for producing food
crops
89) Money mules is a word popularly used in KYC /AML /PMLA and CFT rules. It refers to
– (334/10)
1) Criminals, when gain illegal access to depositors a/cs by recruiting 3rd
parties
2) the acs operated by NROs in transferring their illegal earned money to
Resident Indians
3) It is a place where RBI deposits surplus money for a temporary period
4) It is a mechanism where in moneys in Govt. ac are tr from one
department to another
5) All the above.
90) Cultivation of broccoli, capsicum, carnation, roses can be classified under – (348/10)
1) Commercial farming
2) Greenhouse farming
3) Export farming
4) Social farming
91) Branches should not flout the norms of remittance and like use of personal vehicle
for remittance. Claims with the insurance company are either not entertained or
disallowed for non observance of remittance norms. In this connection depending on
the amount of remittance the transport norms are laid down and are to be strictly
followed as per the laid down guidelines. When an amount of more than Rs 50 Lakhs is
remitted one of the precaution listed below is correct- (07/11)
1) Two armed guards to accompany
2) one armed guard is to accompany
3) no need of armed guard when manager and one officer are going
4) two wheeler of the branch or rarely of a staff member to be used provided
the owner of the such two wheeler is also accompanying
5) none of the above is correct
92) In the above case when Rs 1 lakh or less is remitted the following norm is to be
observed (07/11)
1) Motor cycle can be used
2) transportation is to be used
3) cash van or police van is to be used
4) as it is very small amt pts or attenders can be sent
5) slow moving vehicles like cycle rickshaw/ phatphati in selected areas can be
used
93) Synd arogya is now extended to super annuated employees. Which of the following
options is correct (22/11)
1) Premium is to be shared on equal basis by bank and the retired employee.
2) bank will pay total premium
3) the such premium is to be totally born by super annuated employee
4) Synd arogya scheme is only for serving employees
94) DEDs (Dairy Entrepreneurship development) scheme is Govt. of India’s ventured

capital fund. Under this scheme the following units can be financed. (23/11)
1) Small dairy unit and rearing of Heifer
2) Purchasing of milk machines and milk processing units
3) Cold storage facility and private veterinary clinics
4) Vermi-compost units
5) All the above are right choices
95) After 30.6.11 the following coins are demonetized (32/11)

1) 1p. and 2p. coins
2) 3p. coins 5p. coins & 10p. coins
3) 20p. coins
4) 25p. coins
5) All of the above.
96) Synd varshni is a scheme to finance- (40/11)

1) Purchasing rain water from farmers to augment their source of income
2) Financing for rain water harvesting units
3) financing rural farmers who are aged more than 70yrs.
4) It is a natural calamity scheme for the people who are in distress
5) all the above are right choices.
97) OVD (Officially valid documents) are essential while opening an account. It includes –
(51/11)
1) Passport or DL
2) Pan card / UIAI card
3) EPIC
4) NREGA card
5) All the above.
98)n A small account (SB) has one of the following criteria- (51/11)
1) Aggregate credit should not be more than 1lac rupees in a financial year
2) Aggregate withdrawal in a given month ( non cumulative)should not be more
than 10thousand
3) Balance outstanding at any given point of time should not be more than
50000/-
99) Cheque drop boxes are introduced in our bank where in a customer can drop his
clearing cheque into the same. The following choice is correct- (83/11)
1) Customers now cannot tender a cheque at the counter for clearing
2) Customers can also tender the cheque across the counter and obtain
acknowledgement on the paying in slip or He can drop the cheque in such
boxes, at his option.
3) In metro branches option a is applicable
4) In rural and other branches option B is applicable.
5) There is no such correct answer in the above options.
100) The following order is correct in settling consumer cases filed by customers/ others
against the bank- (179/11)
1) District forum , State commission , National commission and Supreme court
2) State commission, District commission, Supreme court and National
Commission
3) Supreme Court, National commission, State commission and District
commission
4) National Commission , Supreme court, District commission and State
commission
5) District forum, National commission, State commission and Supreme court.
101) Regarding preservation and destruction of records , it is mandatory that all

information/data / records wheather paper or electronic relating to payment system
application(physical cheque) shall be preserved for – years in terms of RBI guidelines-
(249/11)
1) 3years
2) 5years
3) 8years
4) 10years
5) 25years
102) In respect of records relating to any pending litigation before any forum any
internal enquiry by inspection department, IRD ,Vigilance, any investigation by CBI,
Enforcement Directorate, IT department, investigations under FERA/FEMA/PMLA etc are
to be preserved – (249/11)
1) Irrespective of the periodicity of preservation and may be eliminated only
after investigation/litigation is completed.
2) After obtaining prior written permission from RO, records can be eliminated.
3) Both the above are correct
4) 10years
5) 25years
103) While embossing locker keys we put a 7 digit number. The first three digits are 033
and the last 4 digits are BIC code of the branch. This enables the comfort to the
investigating authority . 033 here refers to- (258/11)
1) Syndicate Bank code
2) Our BSR code
3) Code of RBI
4) Our branch geographical code
104) RBI has directed banks to take corrective action on one of the following major
negative features in their incognito visit to bank branches. Mark the write choice-
(264/11)
1) Specific literature/pamphlets have not been prepared to educate the
customers
2) The function of each counter is not displayed in trilingual form
3) Adequate no of dual display note counting machines have not been provided
4) Ramps have not been provided at the entrance of many branches for the
benefit of physically challenged customers
105) As per bank’s policy on KYC/ AML norms there is one key element. Mark the right
choice- (303/16)
1) Customer acceptance pol.
2) Customer identification pol.
3) Monitoring of transactions
4) Risk Management
5) All the above.
106) Unauthorised sharing of information by bank officials is not acceptable and it

attracts punitive actions. In this connections the following one choice is correct. (318/16)
1) We have to maintain bank secrecy of customers ac and customers transactions.
2) Sometimes such information is even at National risk, therefore we should not
divulge any information of any customer for that matter
3) In case of doubt we have to contact local police with all relevant details under
intimation to higher authorities
107) Dishonoring of EFT , for insufficient funds is to be discouraged . It attracts the

following provisions- (319/11)
1) Sec-25 of Payments and Settlements Systems Act 2007 deals with the
provisions
2) Sec-138 of NI Act 1881 is also on the same lines
3) The monetary penalty may be up to 2 times of such amount on the drawer
4) He may be also awarded with 2 years imprisonment in addition to above
point.
5) All the above.
108) If an account payee cheque is credited to any other person other than the name
apparent it is called conversion. However it has one of the following exemptions –
(320/11)
1) If a bank collects the cheque in good faith and without negligence
2) Payment is received for a customer
3) Cheque is generally or specially crossed
4) Cheques presented by member co operative society for an amount not
exceeding 50000/- , subject to certain condition
5) All the above.
109) As per OL Act amendment rule 1976 the states namely Gujrat , Maharastra, Punjab
are in – region. (346/11)
1) A region
2) B region
3) C Region
4) D region
5) The above states are exempted under implementation of OL Act.
110) ASBA is an application made by the investors , subscribing to an Issue to enjoy the
benefit of interest till the settlement is made. ASBA here refers –(358/11)
1) Application Supported Bank Amount
2) Application supported by Blank Amount
3) Application supported by Blocked Amount
4) It is an investment in agriculture sector
90) MoU with Brick Works Rating India (P) Ltd is entered into with for rating Micro
and small entrepreneur is recognized by – (13/12)
1) NSIC and SEBI
2) CRISIL
3) ICRA
4)CARE
5)SMERA
111) RBI master circular on uses of Hindi in Banks has come out with 43 points of
implementation .The following is not a right choice among those- (55/12)
1) Issue of bilingual agenda , notes and proceedings of All India conferences
2) Printing of forms and translation codes manuals etc also in Hindi
3) Publication of balance sheets in bilingual form
4) Setting up of Hindi Libraries
5) All the 5 southern states are not to comply the OL Act .
112) Mark the table in correct relation to scoring charts to be given to currency chest
(69/12)
Coloum A Coloum B
1. Excellent i. D
2. Good ii.C
3. Safe iii.B
4. Average iv.A
5. Below average v.AA
1)1 , v – 2,iv- 3 , iii- 4, ii and 5, i

2)1 , i – 2,iv- 3 , iii- 4, ii and 5, v
3)1 , iv – 2,v- 3 , iii- 4, ii and 5, i
4)1 , v – 2,ii- 3 , iii- 4, iv and 5, i
5)1 , v – 2,iv- 3 , i- 4, ii and 5, iii
113) The following is correct in case of Synd Kisan Sathi – (75/12)

1)It is the new name of date swap scheme
2)It is NABARD sponsored scheme
3)The limit is up to Rs.50000/-
4)Farmers including Tenant cultivators, share croppers, oral leases , SKCC farmers
under SF and MF categories are eligible
5)All the above
114) Mortgage on the basis of GPA/Sale agreement/Will has certain points to remember
as per Supreme court judgment in the case of Suraj Land Industries vs. Haryana State. It
has the following one right choice- (77/12)
1) Any transfer/ Sale of property/ immoveable property should be done by
means of duly stamped Conveyance Deed , Executed and registered under
the law
2) In future the bank branches should not accept any property as security based
on GPA/Sale agreement/Will executed without registration
3) If any property is transferred / sold by GPA/Sale agreement/Will after the date
of judgment is not valid and it will not convey / transfer any title to the
purchaser
4) The above Rule is applicable after the date of judgment i.e. 11.10.11 , with
certain exceptions.
5) All the above.
115) The following is not a component of Housing Loan project (92/12)
1) Cost of land if purchased 24months before the construction of the house
2) Cost of stamp duty, registration charges and other documentation charges
3) Agricultural land on which house is constructed
4) A land which is coming under Settlements
116) As per revised pol. For providing furniture to eligible officers and executives of the
bank monetary ceiling is kept. For a scale 4 officer the limit is Rs. – (108/12)
1) 175000/-
2) 225000/-
3)275000/-
4) 350000/-
5)500000/-
117) In the recent definition given by RBI a willful defaulter is one who would be deemed
to have committed one of the following events - . The right choice is – (123/12)
1) The unit has defaulted in meeting payment
2) The unit has siphoned the funds lent
3) The unit has diversified the money lent]
4) The unit has removed / disposed the security without the knowledge of the
lender
5) All the above.
118) Siphoning funds means – Mark the right choice. (123/12)

a) Utilizing short term funds for long term use not in conformity with terms of
sanction
1) Deploying borrower funds for purposes other than those for which the loan
was sanctioned
2) Transferring funds to the subsidieries / group companies/ other corporate by
whatever modalities
3) Routing of funds through any bank other than the lender bank or members of
consortium without prior permission of the lender
4) Drawing funds which are unaccounted money from the accounts or
diversification before it is detected.
5) All the above.
119) We have now entered an MoU with NABCONS for availing consultancy services for
processing of high value proposals evolving and involving comparatively high
technichalities. NABCONS provide the following service . Mark the right choice
(143/12)
1)Preparation of detailed project report d\for bank clients including techno –

economic appraisal
2)Conducting Techno- economic feasibility , sectoral studies, survey ,
identification of potential and preparing prospective funds for financing
3)Monitoring and evaluation of the developmental projects and investments
4)The services provided are for all agricultural and allied activities and land
development activities.
5)All the above.
120) As per RBI guidelines regarding mode of remittance escorting norms for cash
remittance one of the following point is correct- (172/12)
1) Temporary PTS or Badli can not be a sub staff . Only confirmed Attender and
PTS on scale wages is a sub staff for remittance purposes
2) A clerk may be confirmed or otherwise for remittance use
3) An officer should be confirmed for remittance use.
4) Sub staff alone can not be used for remittance excepting collection of
cheques and treasury bills up to Rs. 25000/-
5) All the above.
121) NPA s are mounting in most of the education loans. Our bank has come out with
an action point to improve the portfolio and containing NPAs to reduce
delinquency. Mark the right choice. (175/12)
1) Trace students and keep track
2) While financing employment chances of the course to be given high
importance
3) Educate the student borrowers to make payments
4) Follow – up
5) All the above.
122) dormant deposit accounts and unclaimed customer amounts are on the rise.
RBI has taken a serious note of it and made a direction mentioned below. Please
mark the right choice- (178/12)
1) Only to display names and addresses of inoperative/ inactive unclaimed
deposits
2) Those accounts which are 10years or more as on 30.6.12 are to be put in the
respective websites of banks.
3) DR 1 statement to sent outside CBS data if any maintained in COBOL platform
4) Option A and B are correct
123) Banks can now finance WLAs. WLAs here refer to – (189/12)
1) Working Capital assessment
2) White Goods Loans arrangement
3) White label ATMs
4) Weather based Loan arrangements
5) All the above.
124) While making payments by prematurely closing term deposits in banks with
‘’E or S’’ clause or ‘’F or S” clause in case of death of one person the
following clarification is given by our bank- (263/12)
1) If such a mandate is obtained at the time of opening that ac the deceased
depositor’s’ survivors are legal heirs should also join the contact.
2) Payments can be made to the surviving depositor without seeking the
concurrence of the legal heirs of the deceased joint deposit holder
3) It is also reiterated that such permute withdrawal would not attract any penal
charge
4) Option A and C are correct
5) Option B and C are correct
125) Rules for Domestic money transfer are relaxed for accepting of cash at non-
home branches. One of the following points holds good- (274/12)
1) Cash is to be deposited only at home branches.
2) Any customer of the bank could deposit money of any bank of the branch, if
the account is in any other branch of the bank to which he wants to deposit
money and there will be no charges
3) Any customer of the bank could deposit money having an a/c in the branch of
any other bank, the charges will be as per charges applicable to NEFT trf for
the amount.
5) 2 and 3 correct.
126) While explaining agricultural credit delivery system role and responsibilities
of Manager/ Asst. Manager (RD)are envisaged. Periodicity of conducting follow up
/ verification/ recovery inspection of agricultural loans is also explained in which
dairy development loans periodicity is a s below- (287/12)
1) Once in a year
2) Once in the entire loan period
3) Twice in a year
4) No need of verifying because we receive subsidy and insurance on it
127) Janashree Bima Yojana is very popular for protecting (credit linked) women in
self help group membership. It is in tie up with – (288/12)
1) LIC of India
2) SBI Life group
3) UII Co
4) National Insurance Co.
5) Bajaj Alianz
128) Under RTI act 2005 one of the following point is only correct- (296/12)
1) the branch has to forward applications to PIOs within 5days with all details
2) PIO is supposed to answer the applicant within 30days from the date of letter
3) The applicant has to pay the requisite fee( presently Rs.10/-) by way of
acceptable mode
4) PIOs can not collect the amount towards postal expenses
129) Some of the external rating agencies are given accreditation for rating credit.
Mark the wrong choice to which such rating is not given. (304/12)
1) SMERA and ICRA
2) CRISIL and CARE
3) Brick Wofks Rating India (p) ltd
4) FITCH
130) While opening the account of a foreign student studying in India RBI prior
permission is not required as he is considered as a person resident in India.
However the following guidelines are to be observed. Mark the right choice.
( 305/12)
1) Pass-port as the document for proof of identity.
2) Valid Visa with a photo graph
3) Proof of admission-usually a letter from the university or college
4) Additional proof – a letter from the college or hostel, a certificate from the
embassy of the country of origin or any appropriate legal authority certified
local address in India/rent agreement or certification of registration issued
by Foreign Registration Regional Office (FRRO).
131) Now-a-days fictitious offers of cheap funds from abroad are on the rise.; In
this respect RBI has cautioned all the banks to have an eye on the same and
asked us to strictly follow the KYC/AML guidelines while opening the
accounts. Banks Violating the extant regulations/statutory requirements
will be penalized and supervisory actions shall be taken. The guidelines
include one of the following choices to be correct. (319/12)
1) Educate/sensitize customers not to respond such fictitious offers.
2)Displaying message in this respect for information of general public
immediately
3) Educate customers to register complaints with Cyber Crime cell/Economic
offences Wing, immediately on receipt of purported messages/fictitious
offers.
4) closely monitor transactions in newly opened accounts during initial period
of 3 to 6 months from the date of opening and report suspicious
transactions which are unrelated with customer profile/sosurce of
remidttance /income et c.
5) all the above are correct options.
132) The definition of infrastructure lending keeps on changing as per the

requirements of the country and its policy of late transport , engineering ,
water and sanitation , communication and social and commercial
infrastructure are the 5 fields. Social and commercial infrastructure means –
(335/12)
1) Supporting terminal infrastructure such as loading / unloading terminals ,
stations and buildings.
2) Strategic storage of crude oil and city gas distribution network
3) Optic fiber / network which provides broadband / internet
4) Medical colleges , para medical training institutions, diagnosis centers , cold
storage facilities for storing agri cultural , allied products, marine products
and meat.
5) All the above.
133) Sometimes our employees are killed in bank robberies , terrorist incidents
including left wing extremism . To mitigate the hard-ship to dependents one
the following benefits are extended. Mark the right choice- (338/12)
1) The compensation to officers is Rs.20Lacs and for clerical and sub staff it is
Rs.10lacs
2) Bank will look after the education of children of the deceased employee up to
an inclusive of Graduation level
3) Compassionate employment or pay for the left over service of the deceased
employee
4) This scheme is uniformly applicable through out the country including NE
states and in Left Wing Extremist areas.
134) Interest subvention given on crop loans is sometimes misused by some

farmers and FDs are made. Therefore branches are advised to ensure all
crop loans against which interest subvention is claimed , inter alia , one of
the following criteria is to be fulfilled. However banks are not to claim
interest subvention if such criteria is not complied.- (340/12)
1) The borrower should be an agriculturist
2) ROI is not more than that charged by GOI
3) Loan quantum is according to the scale of finance
4) Seasonality be observed for both disbursement and recovery
5) All the above.
1
135) CISS is an abbreviation used for – (341/12)
1) Central Interest subsidy scheme on education loans
2) Capital Investment subsidy scheme for construction and renovation of rural
god owns.
3) It is a course imparted by ISHAR
4) It is a variety of paddy seed used in rain fed areas for high yield.
136) Review of sanctioned limits is to be done by ROs or the appropriate reviewing

authority. This is to be done within – period or else it is deemed that they are
reviewed. (343/12)
1) 7 days
2) 21days
3) 30 days
4) 90 days
5) No such period is stipulated.
137) Sometimes frauds do happen in internet banking , which is on the rise in

these days. One of the following guidelines is prescribed to deal with such
cases when a customer makes a complaint. (354/12)
1) Report to CO:DIT for primary verification and confirmation
2) The customer is to be advised to lodge a police complaint / cyber crime
Police station
3) If the funds are transferred to our own bank’s another branch account
and money is drawn , the branch where the fraud setter , has account has to
make a police complaint under intimation to the respective RO.
4) RO shall take up the matter with fraud investigation cell at corporate
office Bangalore
5) All are correct.
138) NMMSS (National Means cum Marine Scholarship Scheme) and

NSIGSE(National scheme of Incentive for girls for Secondary Education) are
two twin schemes for opening the accounts in the name of students for
availing scholarship given by MoH of GOI . The account can be opened by
observing one of the following guidelines. (355/12)
1) The accounts are to be opened under product code 221
2) Modified KYC is to be followed without insisting on for introduction and open
account under Synd Samanya
3) In the absence of valid document a small account can be opened
4) Under no circumstances opening of accounts in the name of students be
denied.
5) All the above.
139) Under customer’s acceptance policy (CAP) of KYC/AMLA guidelines we can

not open accounts in the following case .(32/13)
1) Account which is not KYC compliant
2) Benami Accounts
3) Terrorists
4) Criminal
140) under SARFAESI Act the formats are changed or amended. Match the table .
(41/13)
Format Purpose
1. Format N (R) i. Notice of sell
2. Format O ii. E- auction paper publication
3. Format OU iii. Website publication
4. Format O1 iv. E – auction
1) 1,i – 2,ii – 3, iii- 4,iv

2)1,iv – 2,ii – 3, iii- 4,i
3)1,i – 2,iii – 3, ii- 4,iv
4)1,ii– 2,i – 3, iii- 4,iv
5) The above duty is pertaining to RO hence branches need not know it.
141) Recently it has come to the notice that a property mortgaged by deposit of title
deeds was sold without closing the loan. To avert such frauds when a customer 6
Xerox copies of documents a care should be taken in one point as explained
below. Mark the right choice- (76/13)
1) Under no circumstances the documents of title deeds are parted with , before
confirming that the loan account is closed in full and the same is not offered as
security to other transaction/loans.
2) CERSAI creation / satisfaction are to be completed.
3) If Xerox copies are required on request we have to right with red ink on all
pages under seal and signature so that the papers can not be used to dupe
others. For example if there are 5 papers the numbering must be 1/5 , 2/5…
4) To be more vigilant and exercise caution while handling the security
documents as well other than authorized persons to access the documents.
5) All the above.
142) Under the chairmanship of – a group was constituted to form JLA (Joint Liability
Arrangement) Guidelines are devised . (85/13)
1) Sri Divakar Gupta
2) Sri Haradhan Singha Roy
3) Smt. Lila Roy
4) Sri Shyamol Mondal
5) Miss S Guha
143) To avert frauds in housing loan portfolio 11 guidelines are given at pre
sanctioned and post sanctioned stages . one of the following guidelines is
correct.(158/13)
1) Pre sanction spot visit and make AF685 and not to communicate sanction
during processing time
2) Income proof and verification of its authencity is a must
3) with no compromise KYC is to be complied
4) In case of tripartrite agreement release must be done stage wise
5) All the above are among the 11 guidelines.
144) While opening current account a need for discipline is necessitated besides
mentioning certain guidelines in our MOI Vol VII chapter 7.3.2. One of the
following is such additional requirement before opening current ac. (181/13)
1) Obtaining declaration to the effect that the prospective customer is not
enjoying any credit facility with any other bank
2) If such prospective customer has credit facilities enjoying with other banks he
has to submit details of such facilities
3) We have to inform such bank to obtain no objection certificate before opening
current a/c
4) In case of non-adherence to the above guidelines powers are vested with RBI
under BR Act 1949 to levy penalty .
5) All the above
145) NPA a/c s also can be upgraded. One of the following options is correct , when an
a/c is having an arrears of 30months/instalments it is to be classified as DA2. On
payment of 29 instalments the a/c becomes – (187/13)
1) The a/c becomes SM0
2) The a/c is upgraded to performing assets
3) The a/c becomes SM1
4) The a/c remains DA2 only
5) The a/c may be slip to DA3.
146) In case of NPLs of Rs. 10lacs and above Corporate Offices Recovery shall maintain a
parallel file for enabling such work branches shall submit one of the following – (187/13)
1) Annexure IX A with details of the a/cs
2) Copy of the sanction letter
3) Copy of the latest valuation report of the property / ies , latest stck statement
duly verified
4) Copy of PNs
5) All the above.
147) Which of the following is a correct match – (187/13)

i) A high powered committee at RO – a) For NPLs above Rs. 50 crores
ii) Executive Committee at CO -- b) For NPLs of Rs. 1 crore and above
iii) Special Synd Adalats -- c) For scouting high value OTS proposals
1) i & a , ii & b , iii & c
2) i & b , ii & a , iii & c
3) i & c , ii & b , iii & a
4) i & b , ii & c , iii & a
148) A/cs that can be brought under purview of SARFAESI Act 2002 are one of the
following (187/13)
1. The loan account should be NPA
2. The account should be secured by assets having realisable value.
3 . The shadow balance must be more than Rs 1.00 Lakhs
4. The account must not be a time barred one
5. All the above are correct.
149) The following accounts also can be covered under SARFAESI Act 187/13
1. The amount due is more than 20% of the original principal and interest thereon
immediately prior to date of issue of notice.
2. The property taken as security can be either movable or immovable but not
agricultural land.
3. The act is not applicable if the security taken is aircraft or vessel
4. The Act is not applicable under CCP 1908 as they are connected to the life of
the borrower , unless they are offered as security.
5. All the above are correct options
150) one of the following options is NOT CORRECT in case of attachment under
SARFAESI Act. (187/13)
1. RO can decide which asset can be brought under the Act.

2. The Act is not applicable where there is a LIEN
3. The provisions of this Act can be enforced in case of suit filed and decreed debt
accounts.
4. The provisions of the act are not applicable where there is PLEDGE
5. All the above are not correct
151) Regarding the waiving of filing of suit, one of the following guidelines is
correct.(187/13)
1. Balance outstanding in the shadow account as at the end of the previous
quarter shall be the criterion for determining the SA at any given date.
2. The borrower/co-borrower /guarantors shall not have sufficient means to
repay the dues.
3. The Branches should have realised all the available securities and sdjusted to
the dues of the party.
4. After obtaining permission for waiver of filing suit/EP branch shall not stop
recovery efforts.
152) Expand START. (187/13)

1. It is to have a simple start to recover our loans once they are irregular.
2. Submission of statements on tractor and trailor loans
3. Starting the recovery of agricultural loans once the crop is harvested.
4. Stressed Tiny Assets Recovery Team
5. None of the above is correct.
153) One of the following points is a condition for doing OTS in case of NON SUIT Filed
A/cs (187/13)
1) The default in the a/c should have happened due to the circumstances beyond
the control of the borrower .
2) The business units should have become sick , non viable or non –functioning
and the net worth of borrower eroded.
3) If the borrowers are absconding / deceased chances of recovery from legal heirs
is to be ascertained.
4) Justification to consider the compromise proposal instead of resorting to legal
action by filing of suits in Civil court or DRTs / Action under Securitisation Act.
154) Beforing doing OTS in case of SUIT Filed a/cs one of the following points is to be
paid attention (187/13)
1) Age of the Suit and the period from which it is pending in the court
2) Approximate time required for the disposal of the suit for obtaining of the
decree
3) Cost to be incurred for maintenance of the securities and continuation of the
legal proceedings
4) Chances of recovery of dues after obtaining the decree as per decreetal terms.
5) All the above.
155) One of the following points is to be paid attention OTS in case of DECREED DEBTS
(187/13)
1) Age of the decree and the efforts put in for execution of the decree
2)Realisable value of the securities and possibility of recovering the decreetal dues
by enforcing the decree.
3) Legal impediments if any , where in the judgment debtors have filed appeal
before Higher Court against the order passed by the lower court
4) Whether Decree is time barred.
156) Before sanctioning OTS we must see at what amount we can compromise basing
on matrix. When realisable value of the security charged to the bank is more than the
total dues the minimum settlement can be done by collecting book balance + Simple
interest @ Base rate (Now it is changed to MCLR.) . The such points for matrix are –
(187/13)
1) 12
2) 10
3) 8
4) 6
5) -2
157) Periodical up-dation of KYC records is a must as per KYC- AML –CFT- PMLA rules .
accordingly we have to update the KYC of High risk- Medium risk and Low risk customers
once in a period as mentioned below respectively. Mark the right choice. (194/13)
1) 10, 8, 2 years
2)2,8,10 years
3)8,2,10 years
4)10,2,8 years
5) In all cases once in 5 years without fail.
158) Mr. A wants to avail 26 lacs on his deposit and B wants to avail ODD of 30lacs on his
own deposits, the respective ROI to be charged is as below- (192/13)
1) On LD 2% , on ODD 2% above the deposit rate
2) On LD 2.5% , on ODD 2.5% above the deposit rate
3) On LD 2.5% , on ODD 2% above the deposit rate
4) On LD 2% , on ODD 2.5% above the deposit rate
5) LDs and ODDs are not given for such a huge amount.
159) Now a days we are lending to another class of housing sector which is also known
as CRE-RH(Commercial Real Estate Residential houses) this sub sector includes one of the
following is right choice.- (198/13)
1)Loans to builders/developers for housing projects
2)Such projects should not ordinarily include Non residential Commercial Real
estate which more than 10% of FSI(Floor Space Index)
3)The properties constructed should adhere to the sanctioned plan
4)The loan component should not include where the applicant intends to use for
commercial purposes
5)All the above.
160) While financing to SHGs branches should ensure Pancha-Sutra. One of the
following choice is correct- (202/13)
1) Regular savings
2) Regular Meeting
3) Regular internal lending
4) Regular recoveries and maitainance of book
5) All are correct.
161) Business continuity plan adopted by our bank at the recommendation of RBI, it
includes the following guidelines- (222/13)
1) Critical components of a business continuity management framework to testing
techniques
2) Plan for pendency
3) Infrastructure facilities
4) Human aspects
5) All the above
162) For protecting the assets of the bank against variety of threats, our bank has come
out with physical security pol. In which one of the following is not forming a part-
(225/13)
1) Currency chest
2) Threats for bombs and hoax calls
3) Fire safety
4) Disaster management
5) human assets management
163) While giving withdrawal forms across the counters , one of the following is not a
right choice (328/13 , read with 303/12)
1) Withdrawal form can be given only when latest passbook is tendered
2) Counter staff to write a/c no. and date before issue
3) Verify signature
4) Cash payment can be made to third parties other than a/c holders
5) Cash payment shall not be made at non-home branches
164) Visually impaired persons are given a privileged in banking services besides
rendering them all possible assistance to avail various banking facilities. One of the
following choices is not correct- (256/13)
1) Cheque book facility including third party cheque , ATM ,Net banking facility ,
Retail loans, Credit cards are invariably offered without any discrimination
2) Cash receipt /Payment to visually impaired persons can be made in the
presence of another bank employee or officer
3) No outsider witness is required unless the visually impaired person requests for
such witness
4) Only people other than staff can be taken as witness and that too we should
insist upon opening a/c jointly with another person who is normal.
165) At one stretch 5 different loans under Synd MSE are introduced . Name which is not
a such scheme – (275/13)
1) Synd Doctor and Synd Cashew
2) Synd Transport
3) Synd Marble
4) Synd Textile
5) Synd Jewellery
166) In our bank women employees Sabbatical Leave scheme – 2013 is introduced . It
has one of the following features , which is correct –(288/13)
1) It is operative from 1.11.13 till further notice
2) The reasons may be medical , family care , higher studies and visit to spouse
3) The employee should have completed 5 years of service ( exemptions allowed)
4) Maximum period of leave allowed is 2 years
167) Gold loan policy of the Bank plays a vital role in deciding gold loan portfolio of our
bank . It is in terms of RBI guidelines ( 297/13)
1) Maximum loan that can be given to agriculturists is Rs.3lacs , Non –priority
sector Rs.10lacs and for business class Rs. 20lacs.
2) For loans above Rs. 5lacs,RO’s prior clearance is required.
3) No loans against bullion, bars , primary gold and special minted coins beyond
50gms be given .
4) If the loan is above Rs.5lacs it should be jointly appraised before sanction as
well loans against gold beyond 1lac are to be re-valued once in a year by another
appraiser.
168) Wef 1.4.15 the extant asset classification benefits available on restructuring on
fulfilling certain conditions will be withdrawn for all restructure, with the exception of
provisions related to changes in DCCO . The expansion of DCCO is in one choice , mark it-
(310/13)
1) District Central Co-operatives
2) Delhi Central Co-operatives
3) Date of Commencement of commercial Operations
4) Doctors & Companies
5) I can not say
169) More NPLs are noticed in SHG financing . To curb it our bank has come with a list of
15 action points to be paid attention while financing SHG . One of the following choices
is not among them. (316/13)
1) SHGs are sick prone and members are mostly illiterate so we discontinued
financing SHGs.
2) When a NGO is black-listed the sponsored SHGs should not be financed by us .
As of there is no centrally controlled agency for blacklisting NGOs . Rashtriya
Mahila Kosh , under the ministry of Women and Child development ,GOI has a
System to black list the NGOs for non-payment of their dues. The state wise list
of black listed NGOs is displayed on their website (www.rmk.nic.in)
3)Branches shall invariably attend the meetings and get acquianted with the
group functioning . The branch officials shall also go through the books of
account and be satisfied that they are properly maintained .
4) If any NGO with dubious distinction is found operating in any region its name ,
address a, names of promoters etc. shall be circulated to all the branches
operating in the region and also to other ROs in the state . On their part shall
caution/alert the branches on regular basis about the NGOs they feel are not to
be entertained.
5) When an NGO approaches for financial assistance of a SHG write to RO for
clearance. RO shall verify thoroughly the credentiality of the NGO and
communicate their clearance or otherwise to branches. Branches shall entertain
the such proposals only after getting clearance from RO.
170) Synd Kishan Swarna (SKS) a hassle free loan product for agriculturist against gold is
given . The such agriculturist need not give any proof of end use and can give only
declaration to this effect up till – amount of RS. Limit. (332/13)
1) 50000/-
2) 1lac
3) 2lacs
4) 3lacs
5) 5lacs.
171) Some education loans are becoming NPLs because of non payment of our dues.
Branches are using certain measures to recover them . One of the following conditions is
advised by MoF (DFS GOI) . (355/13)
1) Not to initiate recovery steps
2) Not to invoke the security or guarantor
3) Not to indulge in displaying the names and photographs of students who are
not able to pay education loans.
4) Not to make a suit file
5) The instructions above listed are not at all given by Mof (DFS GOI)
172) In the recent days it has been brought to our notice that fraudulent transfers of
funds have taken place in some of our banks based on fake emails. To avert this our
Head office has come out with certain principles strictly adhere to. The following is not
such principle. (356/13)
1) Since E-mails ,Fax ,electronic media are not having any identity check and are
vulnerable to be used by miscreants. Any instruction received through
email/fax/electronic media for transfer of funds , for security reasons shall not be
acted upon .
2) Since internet banking facility has secured mode of transfer of funds all such
a/c holders who are sending email, fax , electronic media for effecting funds
transfer shall be sensitized / educated to opt for internet banking
3) Mobile Banking Services(MBS) may also be popularized amongst the
customers for fund transfer within the permissible limits as per above circular
4) SMS facility , which is helpful tool in alerting customers against withdrawals/
funds transfer etc. shall be popularized amongst all the a/c holders .
5) Requests through email/fax/electronic media are to be entertained
invariably to keep the client base.
173) NRLM is now renamed as DAY-NRLM. This was also known as AAJEEVIKA. Under this
financing to SHGs is also done. The following SHG is not eligible- (373/13)
1) SHGs sponsored by with anchor NGOs
2) All women SHGs which have availed capital subsidy under SGSY
3) The SHGs availing ROI is 7% up to Rs. 3lacs
4)SHGs who have availed prompt repayment subvention of 3%
5) All types of SHGs are eligible.
174) Now a days ECS returns are on the rise. To reduce such returns NPCI has suggested
one of the following measures –(374/13)
1) We are to write correct 14 digit a/c no. , not a short form or with special
characters
2) Branches to fill in 14 digit a/c no. invariably
3) EPSO Mumbai to return the a/c no. to respective branches to correct the a/c
no. under intimation to customers
5) None of the above can be implemented at branch level as customers write the
number as per NPCI mandate.
175) While calculating valuation of perquisites for TDS purposes a point below is only
correct- (376/13)
1) Accommodation of furnished rent free quarters
2) Accommodation of unfurnished rent free quarters
3) Providing official vehicle with / without chauffer
4) Interest free or concessional loans (interest portion)
5) All the above
176) The following benefits received by an employee are exempted from income for tax
purpose. –(376/13)
1) Leave fare concession u/s 10(5)
2) Gratuity u/s 10(10)
3) Commutation of pension u/s 10(10A)
4) Leave encashment on retirement u/s 10(10AA)
177) Formation internal complaints committee for considering for complaints of sexual
harassment to women employees at their workplace is governed under - The Sexual
Harassment of Women at Work Place (Prevention , Prohibition and Redressal ) Act ,
which is formed in the year – (07/14)
1) 2010
2) 2012
3) 2013
4)2015
5) 2016
178) While allowing interest on deposits one of the following is incorrect – ( 14/14)
1) A senior citizen is given 0.5% extra interest for domestic TDs of less than Rs.5
crores provided maturity tenure is 1year and above. (Not applicable in case of
NRO Deposits)
2) Employees / eligible ex- employees are eligible for an additional interest of 1%
above card rate irrespective of the amount and tenor of deposits( not applicable
in case of NRO deposits)
3) Eligible ex- employees a, who are senior citizens and eligible for 1% extra
interest are also eligible for additional interest of 0.5% to resident Indian senior
citizens on domestic term deposits
179) Banks have represented RBI / IBA to allow them to take atleast 2 PDCs in order to
prove in court of law in case of dishonor of cheques towards loan installments.
IBA managing committee has discussed this issue and suggested RBI to
implement one of the following points. Mark the correct choice –(38/14)
1) Section 138 of NI Act 1881 and section 18 of Payments and Settlements
System Act 2007 are on the same point
2) Cheque bouncing or ECS debit return come under same purview as per the
respective Acts.
3) Therefore banks are advised not to accept cheques from borrowers and only
accept ECS debit mandate.
4) RBI advised banks can take CTS 2010 compliant cheque as an additional
measure and not for the purpose of presenting it.
180) As per RBI guidelines branches should not collect a/c payee cheques / instruments
into the a/c of any person other than payee apparent on the instrument. Mark
the right answer- (42/14)
1) This is explained in section 131 of NI Act.
2) Violation of the above rules make bankers to be liable for conversion .
3) As an exception to the above rule branches may consider collecting a/c payee
instrument drawn for an amount not exceeding Rs.50000/- to the account of
Co-operative Credit Society who are their customers.
4) Such Co-operative Society shall produce KYC of the beneficiaries for scrutiny , in
case of need.
181) At the time of classification and reporting of lending to MSMEs the following is an
exception . In other words though it is not an MSME lending it can be classified as MSME
. Mark the right choice –(45/14)
1) Loans given to women SHGs
2) Loans given to men SHGs
3) Loans given under Housing sector
4) Loans given for the purpose of consumption under DRI
5) Advances to RTs up to Rs.5crores where investment in equipment does not
exceed Rs.2crores.
182) Section 53 and 54 of The Mental Health Act 1987 mentions provides for the
appointments of guardians for mentally ill persons and in certain cases mangers in
respect of their property . The prescribed appointing authorities are District Court and
Collectors of District. The disability recognized under this Act is given in one choice
below, kindly mark it –(51/14)
1) Autism
2) Cerebral Palsy
3) Mental Retardation
4) Multiple Disabilities
183) While allotting lockers to staff members the following modification is done . Which
one is correct wef 1/1/14–(52/14)
1) Staff and ex-staff are eligible under the modification done.
2) 25% rental concession on any size of locker is allowed , but only for 1 locker.
3) Excess rent is to be refunded if collected.
4) Staff and Ex- staff are exempted from paying LSD( Locker Security Deposit)
184) NRLM mission now known as DAY-NRLM can be formed by SHGs also. One of the
following is a wrong choice , mark it – (63/14)
1) Interest subvention is paid to eligible SHGs under NRLMs by the nodal bank i.e.
Canara bank
2) SHG can be formed by all men
3) SHGs can be formed by all women
4) SHGs can be formed by mixed
5) SHGs can be formed by even a single man/woman.
185) “Force Majure” means – Mark the right choice –( 139/14)

1) Up country cheques received for collection and lost in transit.
2) Cheques drawn on bank branches situated in North-eastern part of our
country received for collection and lost in transit.
3) Cheques drawn on hilly and hardship areas received for collection and lost in
transit.
4) Cheques received for collection and lost in transit for reasons beyond the
normal control of bank and acts of GOD like Civil Commution ,Sabotage , Lock
out, Strike , Accident , Fire , War , Damage to banks facilities , Natural disaster
etc.
5) All the above choices are correct.
186) Account lending – means . Mark the right choice – (140/14)

1) A narrow banking
2) Allowing loans on one’s own deposit (LD)
3) Allowing loans on third party’s deposits (LD)
4) Operation of bank a/cs by money mules
187) One of the following is correct in case of ONS- Mark the right choice – (161/14)
1) It is a type of OTS which is given to already written off bad debts to collect
every possible amount.
2) It is a type of deposit made by people who stay outside the nation .
3) It is an abbreviation to expand Online School fee Payment System
4) It is a system of lending on negotiable securities
188) Under the modified Compliance Policy , one of the following choices is not coming
under the administrative jurisdiction of RO – (201/14)
1) London branch and Training Centers
2) Domestic and ECS
3) ATMs and CAOs
4) LDOs and stationery pools
5) FXPC and CPCs .
189) If a loan of Rs.4lacs is given to Micro Enterprises the maximum coverage eligible
under CGTMSE is Rs. – (260/14)
1) Rs. 4.25lacs
2) Rs. 6lacs
3) Rs. 3.4lacs
4) All the outstanding shadow balance
5) Only outstanding real balance.
190) If a loan given to Women Enterprises or Enterprises situated in the North –eastern
part of our country including Sikim is Rs. 80lacs , the maximum coverage eligible under
CGTMSE is Rs. – (260/14)
1) All the 80lacs real balance
2) 90% of the outstanding balance
3) 50% of the outstanding balance
4)50% of the outstanding real balance or Maximum Rs. 50lacs whichever is
less
5) Outstanding shadow balance.
191) With the introduction of modified Credit Guarantee Fund Scheme coverage , MSME
exposures above Rs.50lacs the coverage is adverse to MFI/Bank . Hence our bank has
come out with one of the following rules at the directions of RBI. Mark the wrong
choice.-(260/14)
1) For all credit facilities for MSME up to Rs.10lacs no collateral and no guarantee
shall be obtained but coverage under CGTMSE is a must
2) For all credit facilities above Rs10lacs up to Rs.50lacs primary security can be
taken as collateral and CGTMSE coverage is to be done without exception
3) For all credit facility above Rs50lacs up to Rs.100lacs branch may seek waiver of
coverage under CGTMSE on case to case basis
4) ROs can permit exception from coverage under CGTMSE based on the available
security both primary and collateral, marketability of the asset , credentialties and
dealings of the borrowers etc.
5) For all credit facility above Rs50lacs branch may seek waiver of coverage under
CGTMSE on case to case basis
192)Expansion of DEAF is – (261/14)

1) Loan given to hearing impaired persons under DRI scheme
2) It is scheme introduced by RBI for the supply of free hearing aids by the
bank branches to its loyal senior customers who are hearing impaired.
3) Depositors Education Awareness Fund Scheme instituted by RBI wef
1/7/14.
4) It is a type of long term deposit product from our bank to attract RBI
employees
193) Revised scheme for financing JLGs ( Joint Liability Group consisting a group of 4 to
10 persons) is modified in one of the following context by NABARD – (294/14)
1) It is a finance given for tenant farmers cultivating land either as oral
leases , share croppers , small and marginal farmers who do not have proper
title to their land holding .
2) Now individual loan ceiling is Rs.1lac maximum.
3) JLG for SKCC Rs. 5lacs maximum.
4) JLG for agriculture and allied activities Rs.10lacs maximum.
194) Scheme “Synd Bala Shakti” is a product of the following nature – Mark the wrong
choice- (296/14)
1) It is an SB a/c product suiting minors
2) The such a/c holders can operate the a/c of his own with cheque book , ATM
card and mobile banking facilities.
3) Normal KYC is to be followed while opening the a/c
4) It is a term deposit a/c favouring minors who want to study abroad.
5) the internet banking facility given shall be only for viewing purpose.
195) One of the following facilities is not given to – Synd Bala Shakti a/c holders-
(296/14)
1) KYC is not at all required
2) NRIs can not open this a/c
3) Cheque , ATM card ,Mobile banking can not be offered because they are
minors of 10years and above
4) Nomination facility must not be given to the minors and the claim should be
settled in favor of legal heirs.
5) No need of any initial deposit as minors do not have money of their own.
196) The special Committee of the Board for monitoring and follow up of large value
fraud cases has directed one of the following steps a must- (298/14)
1) Pre sanction appraisal and post sanction follow up
2) Report all lapses to RO for onward action to be taken through IBA
3) Cross check the CAs certificate issued in proof of infusion of equity with MCA
portal
4) Draw CIBIL reports , physical verification of Securities , Ensuring end utilization,
CERSAI registration , Registering with Sub – assurances wherever registration is
mandatory , and Registering with ROC .
197) Legal audit of Title Documents in respect of large value loans is a must as per RBI
guidelines. This is true in case of one of the following options- (302/14)
1) All loan a/cs of Rs.5crore and above where property is taken as security are
subject to legal audit by getting the Title Deeds re-verified by another
empanelled advocate (Other than the one who has given original opinion
confirming the genuineness of the title deeds )
2) This exercise is to be done once in 2years at the time of annual review of the
loan a/c till the loan is fully closed.
3) This is beside obtaining updated EC and latest tax payed receipt.
4) The such legal opinion shall be vetted by the law officer attached to the RO.
198) The CCS ( Conduct ) Rules provide that no Government servant shall accept or
permit any member of the family or any other person acting on his behalf to accept any
gift except on the following occasion – (306/14)
1) Weddings
2) Anniversaries
3) Religious functions
4) Foreign visits
5) Option 1,2 & 3 are correct.
199) While accepting bulk deposits DFS –MoF –GOI has issued certain guidelines. One of
the options given below is correct- (307/14)
1) Strict compliance of KYC
2) A system of OMC may be put in place with alerts to be generated for large
value transactions in all a/c s and clear role , definition of the controlling officers
for monitoring there on.
3) LD /ODD shall not be arranged on 3rd party names however , under exceptional
circumstances they can seek permission / sanction from respective ROs.
4) Staff accountability for lapses / negligence are to be invariably reported by
Concurrent Auditors and see that staffs are following the given rules.
5) All of the above are true.
200) We have SIP plan under which we sell Mutual Fund Investment Products of 9
different Mutual Fund under the brand name “Synd Mutual Funds – SIP” . Only NISM
certified employees are empowered to canvas and garner the business. To account our
commission receivable by us on every application of investment rooted through us is to
be numbered with words ARN & 5digit number followed by our BIC code as sub-broker
no. The 5 digited no. is – (314/14)
1) 36031
2)30631
3)60331
4)33061
5)63301
201) All the 9 Mutual Fund companies having tie up with us are given below-which
option is correct- (314/14)
1) Birla Sun Life Assets Management Company Limited & Reliance Asset
Management Pvt. Ltd.
2) DSP Block Rock Investment Management Pvt. Ltd. & SBI Funds Management
Company Pvt. Ltd.
3) Franklin Templeton and HDFC AMCs & UTI AMC Ltd.
4) ICICI Prudential AMC and IDBI MF Ltd.
202) HO Legal Department is handling a variety of matters relating to law suits . One of
the following trigger points is initiated to avoid delay in response (321/14)
1) In court cases WP/SLPs branches should be responded by user departments
within 2 working days.
2) Whenever judgment / decisions of the court are forwarded to the user
department it is to be complied within 7 days.
3) The Para-wise comments required regarding affidavits filed by the bank the
response should be complied within 5days
4) In all contempt of court cases and SLPs the details , data required by Legal
Department has to be furnished urgently without any delay .
203) Money laundering is a criminal activity under various provisions of the following Act
– (329/14)
1) FERA
2) FEMA
3) FERA & FEMA
4) Indian Companies Act
5) FERA and Indian Companies Act.
204) E-mail requests from our customers for funds transfer are prone to frauds now a
days. Our HO has come with one of the following guidelines to avert any duped message
or fraud E-mails- (330/14)
1) Staff acting up on E-mails are responsible for loss to the bank
2) We have to educate our customers in this regard
3) We are not to act up on such E-mails and avoid fraud perpetrations.
5) All the above are incorrect as customer has the right to draw his money in any
form he likes.
205) In the scheme for financing MSMEs modifications are done in the periodicity of
submission of stock statements for Working Capital besides inspecting stocks. Mark the
right option – (336/14)
1) For loans up to 10lacs ADV23 is to be submitted on yearly basis and for loans
above 10lacs ADV44 is to submitted once in a quarter.
2) For loans up to 10lacs ADV23 is to be submitted on yearly basis and for loans
above 10lacs ADV44 is to submitted once in a year.
3) For loans up to 10lacs ADV23 is to be submitted on quarterly basis and for
loans above 10lacs ADV44 is to submitted once in a quarter.
4) For loans up to 10lacs ADV23 is to be submitted on quarterly basis and for
loans above 10lacs ADV44 is to submitted once in a year.
206) Drawing power is required to be arrived at based on the stock statement which is
current . In case of large borrowers which of the following is a correct option as
suggested by RBI in case of MSME lending - (336/14)
1) The stock statement should not be older than 3 months
2) If the Stock statement is older than 3months it is deemed as irregular.
3) At times of distress current assets are over valued including stock hence
physical verification of stock / valuation is a must.
4) Banks should abide by all the above conditions.
207) A Working Capital account will become NPA if such irregular drawings are permitted
in the a/c for a continuous period of – days even though the unit may be working or the
borrower’s financial position is satisfactory –(336/14)
1) 30 Days
2) 60 Days
3) 90 Days
4) 120 Days
5)180 Days
208) A Working Capital amount weather is regular/ adhoc has not been reviewed within
– days from the due date / date of adhoc sanction will be treated as NPA . (336/14)
1) 30 Days
2) 60 Days
3) 90 Days
4) 120 Days
5)180 Days
209) There are 4 methods of Working Capital Assessments . While assessing Working
Capital requirement of MSME borrowers for credit limits up to Rs.5 crores , as per RBI
guidelines is to be done in which of the following methods both for existing and new
MSME limits. (336/14)
1) Simplified Method
2) Turnover Method
3) EWCL Method
4) Cash budget method
5) 20% of Projected Annual Turnover Method.
210) The formation of JLF and CAP are mandatory now in cases where aggregate
exposure is 100crores and above, once the a/c is reported by CRILC by any one of the
lenders this is done on an agreement which is known a Inter Creditor Agreement or
Debtor Creditor agreement , which is designed by IBA. This agreement is signed by –
(339/14)
1) FGMO
2)RM
3) Branch Head
4) Leader of consortium
5) Branch head with the permission and concurrence of RO.
211) Section 180 of Indian Companies Act 2013 deals with – (342/14)
1) Appointment of Auditors
2) Memorandum of Association
3) Restrictions on powers of the Board
4) Certificate from Companies Secretary
5) All the above.
212) Provisions of Companies Act 2013 has made one of the following changes which is a
must – (342/14)
1) E-voting compulsory for listed Companies and Companies with more than 1000
share holders.
2) There should be minimum 3 directors (Public Company ) , 2 in case of Private
Company and 1 in case of 1 man Company.
3) A given person can be a director for not more than 20 companies out of which
10 only can be Public Companies.
4) Unless Articles of Association provide Chairman can not be the MD or CEO
5) All the above.
213) Wef 21.7.13 LTV ratios are to be maintained by the banks in respect of individual
housing loans and is a s follows- for loans up to 20lacs it is 90% , above 20lacs up to
75lacs it is 80% and for loans above 75lacs it is –% (354/14)
1) 70
2) 75
3) 95
4) 100
5) Such a big Housing Loan we do not provide.
214) RBI has observed that Different banks are following different practices in finding the
project cost of Housing Loans . In order to avoid the anomaly it is decided to adopt one
of the following guidelines –(354/14)
1) Stamp Cost is not part of Housing Project
2) Registration Cost is not part of Housing Project
3) Documentation Cost is not part of Housing Project
4) All the 3 above are not part of Housing Project
215) While opening the a/cs KYC/AML/CFT /PMLA 2002 Rules are to be invariably
observed to prevent money laundering. Among the prospects if one of the following are
assessed as low risk customers the a/c can be opened on the basis of a letter issued by a
Gazetted Officer. (356/14)
1) A/c s of minor
2) A/c s of house wives
3) Salaried class a/c s
4) A/c s of the persons of low means and known to the branch
5) All the above.
216) We claim interest subsidy on eligible education loan ,which is known as CSIS.
The Bank paying such interest subsidy is known as Nodal Bank. Presently it is—
(373/14)
1) Canara Bank
2) Allahabad Bank
3) UCO Bank
4) Bank of Baroda
5)All the above
217)In respect of loans above Rs.5 crores the irregularity or non payment is to be
informed to one of the RBI ‘s wing / office from the stage it has gone to SMA 2 level. If
not reported the bank’s may be disallowed to dispense the assets with ARC. The such
office is – (374/14)
1) ICICI
2) SIDBI
3) NABARD
4) RBI
5) CRILC
218) Synd Kuteer is a housing loan scheme for EWS and LIGs. The mission is called –
(375/14)
1) Synd Kuteer
2) Affordable housing to all
3) Synd Samanya Housing
4) Synd Parivar
5) All the above.
219) Wef 1.1.15 procedure for devolved LCs / Invoked BGs the accounting procedure is
modified. And as per this procedure it can be settled as below – (376/14)
1) It can be debited to OD a/c
2) It can be debited to current a/c even by overdrawal
3) Letter to be issued to the customers to make the amount good
4) All the above
5) none of the above as our loan will become clean an unsecured.
220) A new scheme is introduced in our bank under MSME category for the benefit of
women entrepreneurs . It is known as – in our bank. (377/14)
1) Synd Bala Shakti for women
2) Synd Mahila Shakti
3) Synd Doctor
4) Synd Mahila
5) Loans to women beneficiaries up to Rs. 1lac.
221) A new product called Synd Privilege is introduced in our Bank on 89th celebration
day of our foundation by honorable Union Minister for Chemicals and Fertilizers Sri
Ananth Kumar . This scheme has one of the following features .(379/14)
1) It is a tab banking scheme for Gen-Y customers
2) The customer has to apply online and we shall contact him at his doorstep to
bring it in our fold.
3) The product code is 233
4) Global Debit Card is issued at free of cost
5) All the above.
222) The following are some characteristics of small a/c. Mark the wrong choice –
(380/14)
1) There can be no credits beyond Rs.1lac per anum.
2) There can be no withdrawal beyond Rs. 10000/- per month.
3) There is no need of giving KYC at all
4) The balance outstanding can not be more than Rs. 50000/- at any given point
of time.
5) All the above.
223) “Save taxes smartly” is a catch word to grab new deposits from customers we have
besides Synd Arogya Scheme another product so that the tax liability can be minimized
by the assessee. The other product is – (386/14)
1) Synd Tax Shield
2) Pay tax through E-TDS
3) Ezeewill
4) Synd Tax payment
5) Online submission of 15G-H
224) Use of SFMS (Structured Financial Messaging System) for sending and receiving LC
and BG is a must , to avoid frauds in this portfolio. One of the following points is correct
in this respect- (401/14)
1) SFMS is effective from 1.1.15
2) It is as per Ghosh Committee recommendations
3) SFMS must be used in case of LCs without exception for issuing an advise of LC
4) The existing system of issuing LC in physical form is dispensed with
225) In consortium lending they must have a regular meeting to exchange their views.
We have to take care of such meetings when our bank is leader and to take up the same
with lead bank we are not leaders to the consortium . Besides the branch head the
following have to attend the such meeting . Mark the correct choice. (404/14)
1) When exposure is made more than Rs. 200 crores – DGM/GM from Corporate
Credit Department along with RO/FGM officials
2) When exposure is more than Rs.50crores in metro centers- RM/FGMO or his
Deputy
3) When exposure is less than Rs.50lacs in metro centers – AGM/CM/Sr. Manager
at RO/FGMO.
5) In case of consortium lending RBI remains the monitoring authority and
responsibility of conducting meeting rests with them irrespective of our
consortium leadership or not.
226) NPS (National Pension System ) is regulated by PFRDA. Its other name is – (410/14)
1) Yojana Scheme for Pension
2) Lite Scheme of Pension
3) Aggregator Scheme of Pension
4) Swavalamban Scheme
227) CPGRAMS is implemented (Centralized Public Grievances Redressal Administration

and Monitoring System) to improve customer satisfaction and is of paramount
importance both for retaining existing customers and in getting new customers . One of
the following is principles of such redressal forum –(439/14)
1) The complaint may be given orally , in writing , telephonically , E-mail ,Voice –
mail on toll free , box complaints , website
2) It is a step before application to Banking Ombudsman or legal procedure.
3) The Department of Administration Reforms and Public Grievances under
Ministry of Personnel , Public Grievance and Pensions , GOI is implementing
authority
4) All customers are to treated fairly , courteously at all times .
228) Housing Loans as per priority sector definitions have certain riders. In other words
all Housing Loans are not priority sector advances. The following is also considered as
priority sector which are exclusively sanctioned as an add on to Houses. (450/14)
1) Construction of toilets (including inter alia cost for plumbing and fixtures .)
2) Construction of steps connecting the house to road
3) Gardening and plantation cost.
4) Complete weather coat paint
5) none of the above is correct.
229) “Making Banking Simple” in which the following service is a correct choice –
(451/14)
1) Mobile banking and missed call banking
2) Internet banking
3) SMS banking
4) Synd E-passbook
5) All the above.
230) In recent circulars format for inspection of immoveable property is changed /

modified. Which is correct option –(455/14)
1) AF437- ADV84
2) In changing legal scenario enforcement of mortgage and better monitoring /
control and due diligence the such changes are effected in the format.
3) The new format covers certain important details / aspects like legal opinion ,
name of the panel advocate , details of tenants , lease agreements etc.
4) The format modified contains land mark of the property , valuation ,
photograph etc. to protect the interest of the bank.
231) Synd Jeweler is a scheme for financing gold jewelers where in Working Capital
finance is eligible. It is an MSE product which has one of the following features . (39/15)
2) Working capital limits to a maximum of Rs.500lacs can be given
3) Rating level of Synd 5 and above are eligible .
4) They are not eligible to cover under CGTMSE
232) Now a days large value frauds are being perpetrated on us while giving loans / LD.
To avert this, our management has come out with certain guidelines . Mark the right
choice -(44/15)
1) Due diligence , CIP and KYC is a must
2) Lack of personal interaction with authorized depositors should be avoided at all
times.
3) Sharing of information amongst bankers with CFMC Mumbai ( Central Fraud
Monitoring Cell ) is to be put in practice.
4) Role of Concurrent Audit mechanism to be strengthen to find the HV
transactions and branches to pay attention on the same.
233) CSIS – Central Scheme for Interest Subsidy on Education Loans is provided to a
selected education loans borrowers who fulfill the conditions given by – (51/15)
1)MoHRD of GOI
2)DFS of GOI
3) MoRD of GOI
4) CSIS of GOI
234) Many borrowers in rural and semi –urban areas have complained RBI that ‘no due
certificate ‘ is refused by banks or not a hassle free affair while availing loans from
another bank. In this connection one of the following guidelines is prescribed by RBI –
(67/15)
1) Banks need not insist on the above certificate for loans up to an inclusive of
Rs.50000/-
2) The above is correct in case of SFs ,MFs ,Share croppers and the like – only a
declaration from them is enough.
3) In case of loans to NRLM (previously SGSY) borrowers the bank can intimate the
counterpart for issue of such certificate and to be responded by such bank within
15days of receipt of such intimation otherwise it is deemed that there is no due.
4) Banks also can verify other avenue like CIBIL ,CERSAI etc. for confirmation
235) While lending to Joint Stock Companies section 180(1)(C) of ICA 2013 deals with
restrictions on powers of the Board . In this connection one of the following points
ensures the procedure to know the companies are not borrowing beyond its powers.
(80/15)
1) To comply above provisions, the onus is on the bank to ensure that the loan
advanced is in good faith and is also within the limit imposed.
2) The processing Officer /SA has to verify companies balance sheet and obtain
resolution including statutory auditor’s certificate to this effect.
3) In safe guarding the interest of the bank branches have to obtain an
undertaking letter from the authorized official of the company , a declaration to
this effect.
5) Only registration with ROC within time limit is sufficient .
236) Stamp Duty does not form part of the Housing Loan project. This also is correct in
case of registration charges and other documentation charges. However the exception
to this rule is correct in one of the following cases. (98/15)
1) Housing loans to EWS
2) Housing Loans to LIGs
3) Housing Loans up to Rs.10lacs
4) Housing loans of any amount coming under priority sector
5) Housing Loans to EWS,LIGs but not more than Rs.10lacs including the costs
mentioned above.
237) Implementation of inward clearing operations is also now entrusted with to clerical
staffs but it has a ceiling amount. Kindly mention the right answer –(102/15)
1) RS.15000/-
2) Rs.25000/-
3) Rs.50000/-
4) Up to any amount for SFs and MFs
5) UP to any amount for cheques favoring SHGs having loans with us.
238) Recently Hon’ble Supreme Court has given a judgment effecting the legal position
of HUF/Karta to become a partner in LLP. The judgment clarified one of the following .
(110/15)
1) HUF is floating body where the composition of members / co- parceners keeps
on changing for reasons like birth , death , marriage , divorce and therefore it can
be a partner in a partnership firm.
2) In the case of CIT vs. Seth Govindaram Sugar Mills it was decided Karta of HUF
or an Adult member of the family in their individual capacity can enter into a
partnership firm but not HUF.
3) HUF can not be treated as a body corporate for the purposes of LLP Act 2008
therefore a HUF or its Karta can not become a designated partner in LLP.
4) Bank can not proceed against assets or property of HUF and / or other
members of the HUF as they are not legally represented by / through Karta in his
capacity as Karta of HUF as partner or designated partner in a partnership firm and
/ LLP respectively.
239) To prevent sexual harassment in workplace the complaints committee is

reconstituted . Mark the right option – having 7 members in it (115/15)
1) 1-Chairman , 1-ex-officio member , 4 members and 1 NGO
240) Besides obtaining KYC in normal form, incase of proprietorship concerns the
following additional KYC to be obtained. Mark the right choice.122/15
1)Certificate of Municipal Authority,Sales Tax/ Income tax returns.

2) License issued by Registering Authorities in certain cases like ICAI ,ICWAI, F & D
Controlling Authority.
3)Importer Exporter Code issued by DGFT.
4) Copies of any utility bills in the name of the concerns.
5) All the above.
241) Staff Housing Loans limits are substantially revised. Which option is correct.
(123/15)
1) Executive Rs 60 Lakhs ,Officers Rs 50 Lakhs, Clerical Rs 30 Lakhs and Substaff Rs
20 Lakhs.
2) Executive Rs 60 Lakhs ,Officers Rs 50 Lakhs, Clerical Rs 30 Lakhs and Substaff
Rs 20 Lakhs.subject to a limit of 90% of project cost , whichever is less.
10 Lakhs.
20 Lakhs.
20 Lakhs.
242) The one of the following options is correct in case of Housing Loans to
Staff(123/15).
1)Housing loans to staff is not construed as priority sector advances.
2)2 years minimum eligibility is the criteria.
3) The repayment can be made in 360 EMIs or 75 years of age , whichever is
earlier.
4) Cutback norm is 60% i.e., home take should be at least 40%.
5) All the above.
243) Organizational expenses for opening of new Branches/Extension Counters and
shifting of Branch expenses are now decentralized by giving specific powers.
Which option is right .(126/15)
Classification of BR New Branch Shifting Branch Opening EC (Rs.)
1) Rural 8000 8000 6000
2) Semi-Urban 12000 12000 8000
3) Urban 15000 15000 10000
4) Metro 20000 20000 15000
244) ASBA (Application Supported by Blocked Amount) is a unique product for those
people who are not stock brokers to apply for Public Issue and Rights Issue. This has one
of the following characteristics .(130/15)
1) It increases CASA base to the bank branch
2) It increases Fee based income
3) It allows the investors to earn interest on his funds during the lag period
4) It is to be allowed in book building root
245) Assessment and Management of risk is of top priority . In this respect certain
modifications are done in Credit Policy / Credit Risk policy / Credit Sanctioning Powers.
Which option you feel is right and mark the right choice only (135/15)
1) For credit proposals up to Rs.5 crore clearance is to be accorded by NBG at RO
2) For credit proposals above Rs.5crore and up to Rs.10crore clearance is to be
accorded by NBG at FGMO
3) Project proposals of above Rs.10 crore in case of low priority are to be referred
to NBG at CO for clearance
4) As regards educational institutions the existing guidelines of seeking NBG
clearance of above Rs.1crore from CO is to be continued.
246) As per HO guidelines no appointments of temporary employees in Sub Staff cadre (

attender/sweeper/ water boys) is permitted without taking prior permission from the
competent authority /HO. In this aspect one of the following guidelines is matching –
(136/15)
1) The rules governing the above temporary appointments are dealt in ID Act
1947.
2) No temporary appointment as above is to be made , unless specially permitted
by HO . Further , while dispensing with the services of a temporary employee who
has completed 240days in a period of 12 calendar months preceeding the date of
termination are all the pretermination requirements to be complied with as per
the Act.
3) There should be no occasion for the court / criminal to hold such dis-
engagement /termination in valid due to non-compliance with statutory
requirements.
5) There is no need of following such procedures because they are normally
appointed on temporary basis during the leave period of a regular employee.
247) One of the following points is correct with respect to receipt of foreign contribution
by individuals / NGOs / Organisations from foreign donors as per FCRA 2010. (141/15)
1) Such receipts are to be brought to the notice of MoHA so that funds are allowed
to be credited to the accounts of the recipients only after clearance
2) Govt. Organizations can avail such foreign funding only with the clearance of
Department of Economic Affairs.
3) Any instance of Govt. organization receiving such funds directly from a donor
whose name is listed are to be withheld and brought to the notice of moHA.
4) This is as per Section 35A of Banking Regulation Act 1949. Any violation in this
regard shall attract penalties under this regard.
248) We have a scheme of Life Insurance Coverage to all the education loans borrowers
under a master policy , presently this arrangement we have is with – (163/15)
1) Met Life India Insurance Company Limited
2) United India Insurance Company Ltd.
3) SBI Life Insurance Company Limited
4) PNB Metlife Insurance Company Ltd.
5) MoHA Life Insurance Company Ltd.
249) Of late it is found that majority of the complaints received by PSU Banks are ATM
disputes. In order to check this at initial stage and also to ease the adverse comments
from Banking Ombudsman , RBI has suggested to take one of the following steps.
(168/15)
1) EJ Report along with switch report is to be preserved
2) ATM tally report and no access cash certificate are to be signed by two branch
officials and to be preserved
3) CCTV footage with 3 earlier and 3 subsequent trace numbers to be preserved.
4) Machine break down report from vendor , in case of break down to be
preserved.
250) Many a branches are window dressing the deposits or advances to show the reach
of targets. This is called kite flying or cheque kiting. This is an unethical practice and to
be desisted strictly. One of the following is an example of such kite flying. (173/15)
1) Allowing huge exceeding in group companies
2) Accommodation of bills discounting and cheques discounting
3) Crediting unused limits to the Current a/c of the parties for a short period i.e. at
the fag end of quarters
4) Taking the advantage of clearing float by pre-ponement.
5) All the above.
251) A transgender person is classified as a third gender as per Supreme Court recent
judgment. Consequent to this our bank has also adopted one of the following norms at
RBI’s instructions . Find the right choice. (182/15)
1) The above Supreme Court judgment is as per the verdict given in case of
National Legal Services authority vs. Union of India and others.
2) It is to be implemented in Central Govt. and State Govt. levels
3) A column for transgender persons in all applications / forms used in banks for
various purposes
4) Till such forms are printed / made available our bank suggested the use of
separate rubber stamp to this effect.
252) Despite our all care, frauds in advances departments are on the rise. Our bank is
coming out with several circulars to contain this trend . Of late one of the following
guidelines is also made to branches/ offices for invariable care . (186/15)
1) Due diligence in appraisal, sanction, disbursement and follow up as per details
in the desk guide / for loans , compliance of cut back norms , verification of CIBIL
data, compliance of KYC norms are to invariably ensured before sanction of loans.
2) Verification of genuineness of the identity and records of the borrowers / surety
shall be invariably done and be satisfied with , before release of any facility
3) Compulsory visit to premises / work place / house site etc. and make
independent inquiries
4) ITAO copy orders and its cross checking with 26A is to be done .
5) All the above.
253) In the recent modifications to comprehensive recovery policy one of the following
changes is made . (194/15)
1) Where security value plus present net worth of borrower plus present net
worth of guarantor is more than 40% of book balance(earlier 50%) 75% of BB can
be collected where matrix points are 4
2) Where security value plus present net worth of borrower plus present net
worth of guarantor is less than 40% of book balance(earlier 50%) atleast 40% of BB
can be collected where matrix points are 2
3) All NPA s irrespective of classification as on 31st March including W/O a/cs up to
a book balance of 25lacs per party other than PBS can be given to outside agencies
for recovery .
4) In case of sub standard assets which are chronic beyond 6months are also
eligible to be given to outside agencies for recovery
254) In the comprehensive Recovery Policy modifications some eligible loans can be
given to outside agencies can be given for recovery at a given rate of consideration. One
of the following ban be a outside recovery agent .( 194/15)
1) NGOs
2) SHGs
3) Panchayats
4) Empanelled recovery agents
5) All the above.
255) Presently our MD and CEO is Sri Arun Srivastava wef 15.5.15 . Prior to this
assignment he was – (199/15)
1) ED of BOI
2) ED of BOB
3) Gm of BOI
4) GM of BOB
5) None of the above because he was directly nominated by Central Govt.
256) Micro units Development and Refinance Agency or MUDRA is recently constituted .
And has one of the following correct options. (209/15)
1) It was launched on 7.5.15 by Ho’nble Prime Minister of India
2) The main objective is – funding the unfunded
3) It also has another objective of formatising the informal
4) It aims ate providing re-finance / finance – Last Mile financial Institutions like
Commercial banks , RRBs ,Co-operative banks, NBFC , MFIs , and other financial
intermediaries which are in the business of financing Micro enterprises.
257) The Head Quarters of MUDRA ltd. Or MUDRA bank is situated at – (209/15)
1) PMO’s Office , New Delhi
2) New Delhi
3) Bandra E , Mumbai
4) MUDRA has no Head Quarters yet.
5) CGTMSE’s Office , coming under MoF
258) MUDRA refinances loans above Rs.5lacs to Rs.10lacs , loans above Rs. 50000/- to Rs.
5lacs and loans less than Rs.50000/- respectively and they are known as , in
respective order above , as – (211/15)
1) Kishore ,Tarun , and Shishu
2) Tarun ,Kishore, and Shishu
3) Shishu , Tarun and Kishore
4) Kishore , Shishu and Tarun
5) Shishu , Kishore and Tarun.
259) It was mentioned that the loan proceeds of vehicle loans under Synd Vahan scheme
shall be remitted to the a/c of the authorized dealer as per the consent /
authorization of the borrower through NEFT/RTGS only. But now -a -days some
customers are facing trouble with the tactic dealings of the dealers like non
availability of desired color , non availability of stock etc. at the same time the
funds are parted on which the borrower has to pay interest. To avoid this the
following modification has come . ( 214/15)
1) DD can be now issued to the hands of borrower favoring the vendor and
banks have to confirm the end use as usual.
2) funds can be parted from our end after getting confirmation from the
borrower that the said vehicle is delivered to him.
3) Vendors are to be made to open a current a/c with us to which funds will be
transferred after delivery of the vehicle.
4) Bank is not concerned about the delivery . Its duty comes to an end once the
loan is sanctioned.
260) PMSBY (Pradhan Mantri Suraksha Bima Yojana) is an Insurance Scheme having one
of the following features – (215/16)
1) Accident Insurance to persons 18-70years age group having SB a/c.
2) Premium Rs.12/- Pa ( ST waived by GOI)
3) Insurance Cover terminates for the reasons Funds Insufficient
4) Death due to accident is Rs. 2lacs as per our MoU with UIICO Ltd.
261) PMJJBY (Pradhan Mantri Jivan Jyoti Bima Yojana) is a Life Insurance Cover to an SB
a/c holder and has one of the following correct features. (217/15)
1) It is as per our MoU with LIC master policy
2) Eligible age group is 18-50years
3) Premium is Rs.330/- Pa(ST waived by GOI)
4) Insurance Cover terminates for the reasons Funds Insufficient
262) In case of Compulsory Retirement complying with the rules and regulations
governing resignations , one can encash a maximum 120 days of PL to his credit,
both for Officers and Workmen. However when cessation of service takes place
on a/c of penalty of CRS , Officers/Workmen employees all leave to his credit
lapses and benefit of leave encashment is not available to him. Now the following
modifications are done . (219/15)
1) Wef 30.4.15 the benefit of encashment of PL is now available to officers /
workmen employees compulsorily retired under a penalty/punishment from
bank’s services.
2) Now maximum 240 days PL can be encashed.
3) Both the above are correct.
4) No such modifications are muted yet.
5) One such modification is muted but the encashment is subjected to a
maximum leave of 200 days only.
263) As per SARFAESI Act2002 certain modifications are made to have more
transparency in dealings and E-auction formats are changed. Which option is you
feel correct. 220/15)
Purpose format no.
1) for paper publication-------- Form X
2) for web publication---------- Form Y
3) Issuance of notice to --------- Form W and Form X
Borrower/guarantor/Mortgager
4) Affixtures in conspicuous part Form W and Form X
Of the secured asset
5) all the above options are correct when the property value is Rs 5 Lakhs or
more
264) While making Housing loans the cut-back norm is modified as below. Mark the
right choice. (223/15)
2) For salaried class 50% and for non salaried class it is 50%
5) No such modification is muted
265) Recently we have a tie-up with OIL India Ltd with respect to the following port –
folio(229/15)
1) Providing housing loan to its employees on Pari-Pasu basis where they have alredy
taken a housing loan with their employer.
2) Purchasing oil at all their outlets across the country for our Bank use at concessional
rates and Bills to be payable at our Corporate Office level .
3) To open our branches, ATMs at all their outlets.
4) To open our branches ATMs and BNAs at all their outlets.
266) In respect of our tie up with M/S OIL India Ltd fund for extending top up housing
loans , one of the following choices is correct –(229/15)
1) The employees of OIL India Ltd can have an exit level up to 75 years of age
2) Nearest Branch to the house proposed / pension / salary paying branch or place
of work branch can extend such top up loan
3) No guarantor is required while extending such loans
4) We can have a Pari-Pasu charge on the property
267) Priority Sector advances definition has undergone a lot of changes . Two new
sectors are added recently. Please name them .(230/15)
1) Agriculture and agri-infrastructure
2) Export and agri- infrastructure
3) Social Infrastructure and Renewable Energy
4) ) Social Infrastructure and Agri-Infrastructure
5) It is well-known that w.e.f 20.07.2012The PSA definition remains unchanged and
hence there are no changes to this definition as mentioned above.
268) Agricultlure segment is classisfied in to 3 groups now. Pl mention the right choice.
(230/15)
1. Farm Credit
2. Non farm credit
3. Agr. Infrastructure
4. Agr. Infrastructure and Anciallary sevices
5. Choices 1 and 4 are correct
269) A major change has come in the classification of MSME advances recently. Please
mark the right choice. (230/15)
1. The investment ceilings in Plant and machinery has undergone changes
2. The investment ceiling in Equipment has undergone changes
3. Now advances to Medium enterprises is also a PSA advance
4. Agricultlural infracture is now classified as Micro Entp. Loan
5. All the above statements are not correct.
270) The latest definition on PSA has 8 types of loans within the definition are to be
classified as PSAs. One of the following is not in the above list. (230/15)
1. Agriculture and MSME
2. Export credit and Education loans
3. Housing and Siocial infrastructure
4. Renewal Energy and Other defined loans
5. Import loans for essential commodities.
271) The total PSA advances targets reaching is a very must for us. The such target is –
(230/15)
1. 40%
2. 40% of our advances
3. 40% of our ANBC
4. 40% of our ANBC or Off-Balance Sheet exposure which ever is low
5. 40% of our ANBC or Off-Balance Sheet exposure which ever is higher.
272) Under PSA we do finance also to SFs and MFs (Small Farmer and Marginal Farmer)
The following definition is correct in this according to their land holding respectively.
(230/15)
1. 5 Acers and 2.5 Acers
2. 2.5 Acers and 5 Acaers
3. 2.5 Acers and No land
4. 5 Acers and No land
5. Agri labourers and Share croppers.
273)The target of MSME Enterprises is to be achieved in a phased manner as on 31st

March 2017.Mark the right choice.
1) 7% of ANBC or Off –balance sheet exposure whichever is higher.
2) 7.5% of ANBC or Off –balance sheet exposure whichever is higher.
274)Since Nationalisation achievement of priority sector target is reviewed once in a

year . If we do not achieve to the defined level we may be penalized besides depositing
the such deficient amount in RIDF/RBI. Now adays it is changed to –from Fy 2016-17.
Mark the right choice (230/15)
1)Monthly
2) Bi-monthly
3) Querterly
4) Half-yearly
5)No such change is done
275) F & A P Loans (Food & Agro processing Units) are to be classified as / form part of-
Mark the right choice (230/15)
1)Other PSAs
2) Agriculture
3) Export loan
4) Social Infrastructure
5) Medium Enterprise loans because these loans are given for an amount more than
Rs.25 lakhs.
276) While calculating ANBC there are certain components . One of the following
components is to be deducted from outstanding advances as on 31st March.(230/15).
1) Import credits
2) Export credits
3) All Non-PSA agriculture loans
4) Education loans abroad
5) Bill rediscounted with RBI and other approved FIs.
277) The following agricultural loans form part of ancilliary activities as per PSA
definition (230/15)
1)Loans upto Rs 5 crores to Co- operatives for onward lending to farmers.
2) Loans for setting of ACABCs.
3) Loans to F & APs upto Rs 100 Crores to a borrower from the banking system.
4) Loans to PACs , LAMPs and MFIs for onward lending subjected to certain
qualification of lending .
278)A loan of Rs 2.00 Lakh is given for setting up of a new MSME. Under which sector it
is to be classified.(230/15)
1) Loan to Micro enterprises
2) Loan to Small enterprises
3) Loan to Medium enterprises
4) Any of the above as per the choice of the Manager or S A.
5) Unless its investment in plant & machinery, in case of manufacturing unit or
investment in equipment in case of service unit , at original cost , is also given.
279) Supposing we have financed a Micro enterprise or a Small enterprise. Subsequently
due to improvement in the investment criteria it may be upgraded to Small or Medium
enterprise respectively by virtue of which and such enhance classification it may loose
certain advantages. Therefore MSMED Act made a clarification that such enhance
classification need not be done for ----years. Mark th e right choice.(230/15)
1) For all times to come
2) For one year
3) For 2 years
4) For 3 years
5) Only after the next immediate 31st March.
280)Education Loan for an irrespective of amount are not to be classified as Priority

Sector advances .One of the following option is correct.(230/15)
1) Studied in India Rs 10 lakh, Studies abroad Rs 20 Lakh.
5) Irrespective of amount of loan for the purpose of education are to be classified as
PSAs
281) The following Housing Loan can be classified as an advance to PSAs , and is withi the
definition (230/15)
1) Where population is less than Rs.10 Lakh Loans upto Rs.25 Lakh provided the
project cost is not more than Rs.25 lakhs
2) Where population is more than Rs.10 Lakh loans upto Rs 28 lakhs provided the
project cost is not more than Rs 35 Lakhs.
3) Loans for repairing the the existing house is upto Rs 5 Lakhs in Metro areas and
in other places it is upto Rs 2 Lacs .
4) Loans for any approved intermediary like Govt Agencies ,HFC s etc.to any
amount provided they make small dwelling units each not more than Rs 10
Lakhs.
5) All the above are correct options
282) Social Infrastructure Loans include Loans for Schools,Health care facilities ,
Drinking water facilities and Sanitation facilities only in Tier II to Tier V I Centres
provided the amount is upto Rs. –Lakhs(230/15)
1) 100
2) 200
3) 300
4) 400
5) 500
283) Bank loans lup to a l;imit of Rs 15 Crs to borrowers for purposes like solar based
power generators, biomasss based power generators, wind mills, micro-hydel pornts and
for non conventional energy based public utilities vez., street lighting system and remote
village electrification. For individuals the celing is up to an amount is up to Rs .-- Please
mark the right choice. 230/15)
1. Rs 5 laks
2. Rs 10 Lakhs
3. Rs 15 Lakhs
4. Rs 25 lakhs
5. None of the above is correct as individuals are not eliegible for the such loans.
284) The following choice is correct with respects to the loans to weaker sectors.
(230/15)
1. Loans to SF and MFs
2. Loans to artisans, village and cottege industries where individuals credit limits
are not more than Rs 1 Lakh.
3. Beneficairies under Govt. Sponsered schemes like NRLM, NULM, SRMS etc.,
4. Loans to SC and STs
285) Loans to the following sectors/sections is considered as PSA under advances to

weaker sections. (230/15)
1. Loans under DRI Scheme

2. Loans to SHGs
3. Loans to distressed persons up to an amount of Rs. 100,000
4. Loans to distressed farmers up to an amount of Rs 50,000
286) The following loans are PSAs and can be classified as loans to weaker section
advancles. (230/15)
1. Loans to individual women beneficiaries up to Rs 1 Lakh

2. Loans to persons with disabilities
3. Loans to PMJDY account holder up to an amount of Rs 5,000 Subject to certain
conditions.
4. Loans to minority communities.
287) Photograph costs in case of the following borrowers is to be borne by the banks .
Mark the right choice.(230/15)
1) Loans to SC STs
2) Loans to SCs
3) Loans to Weaker Sections
4) Loans to Physically disabled
5) Loans to all PSAs
288) Central Level Co-ordination Committee (CLCC) coming under ---ministry of GOI has
requested to implement a common account opening and loan application given in 8
forms fof all SHG across all the Banks in our country. The such ministry is – (232/15)
1. MoH
2. MoRD
3. MoMSME
4. Defence Ministry
5. None of the above is correct as there is no such move at all.
289) Areas affected by natural calamities requires special attention by the Bankers in
giving loans to the distressed. Now it is directed that ROs need not wait for instruction
from Corporate Office. The following list envisages natural calamities approved by MOH.
1) Cyclone ,Drought and earthquake .

2) Fire , Flood and tsunami
3) Hailstorm , landslide and avalanche
4) Cloud burst , pest attack and cold wave
290) Atal Pension Yojona (APY ) has one of the following features. Mark the wrong
choice( 234/15)
1) It is governed by PFRDA for people in the age group of 18 to 40 years with

minimum contribution for 20 years or more.
2) It is focused on all citizens in the unorganized sector
3) A section of citizens in the organized sector are also eligible.
4) Minimum contribution per annum is Rs 1000 .
5) All the abovbe are correct and there is no wrong choice given.
291) Bombay High Court recently has given a verdict in one of the following subject
while dealing case of Ravishankar Natesh Vs RBI. This case has a very good impact in
Banking sector.(237/15)
1) A member of a trust can not ask for copy of the statement of account of the
Trust.
2) A member of a society or association can not ask for copy of the statement of
account of the society / association.
3) A partner of a Partnership Firm can not ask for copy of the statement of account
of the Firm.
4) All the above statements are wrong because they have a right to know the affairs
of the Organisation and also as such no Court can give such an impeding
judgement.
5) Answers 1 & 2 are correct ,the hon’ble Court further stated that the same may
be quoted in reply to RTI application seeking such information, in addition to
the statutory exceptions.
292) Annual Conferrence on Banking Ombudsman 2015 was held at Bangalore. To

reduce the number of complaints under BO Scheme they have advised some action
points. Mark the right choice .(246/15)
1) Educating frontline staff
2) Publicity to Jeevan Praman under Biometric system
3) Recovery of erroneously excess paid pension not at one stroke, or 1/3 of such
excess pension paid recovered in a month .
4) Making comfortable physical access to ATM , Wash room etc. differently abled
customers.
293) CERSAI search report is mandatory for loans against property such as Synd Nivas ,
Synd Mortgage , Synd Rent , Synd Vidya and any other facilities. This is to be done-
(247/15)
1) Before deciding to give loan

2) After deciding to give loan
3) After sanctioning loan , but within 30 days of such loan sanction.
294) What do you mean by “NICHE SELLING” (249/15)
1) In rural agricultural market yards or rythu bazaars farmer/seller sits on the

ground to sell his produce kept around him it is called “NICHE SELLING”
2) Ensuring a focused attention on single product suitable to the customer instead
of offering a gamut of products.
3) It is a type of NSE found in Australia.
4) It is a fashion market more popular in Paris.
295) NDMA (National Disaster Management Authority) has advised IBA to undertake a
sensitization programme for all types of Real Estate exposures of Rs .1 .00 Crore and
above , including housing loans in Zone IV and Zone V, which are high risk seismic areas
. It includes the following places. Mark the wrong choice.(252/15)
1) Regions of Kashmir,The Western and Central Himalayas

2) North Bihar, North Eastern Region ,Rann of Kutch
3) Indo- Gangetic basin ,
4) Capital of the Country
5) All the above
296) Commission is payable to Recovery Agents / out side Agencies for recovery in sub-
standard assets ( other than PBS-NPS backed by security and SSAs less than 6 months).
In this rule the following modifications are made-266/15
1) Branch Managers are now empowered to negotiate the commission payable,
within the limits provided and recommend to RO.
2) Recovery upto Rs 5 .00 Lakhs the rate of commission shall be 2.50% of the
amount collected.
3) Recovery more than Rs 5.00 Lakhs but upto Rs 10.00 Lakhs commission is at Rs
12500/- on Rs 5.00 Lakhs + one percent on the rest.
4) For recoveries above Rs 10.00 Lakhs commission payable is Rs 17500/-on Rs
10.00Lakhs +0.50% on the rest (without any ceiling).
297) “SKIN IN THE GAME” refers to –(270/15)
1) In the framework for revitalizing distressed assets , under SDR Scheme ,

Promoters should bring extra capital/equity in the process of restructure
thereby share holders to bear the first loss than the debt holders.
2) It is Lakme product for skin care recently promoted by Kareena Kapoor Khan,a
celebrity, in which she is in a legal tussel.
3) While we go for financing a leather industry who make leather products ,
valuation of stock is done under this method.
4) The above point no 3 is correct only when our exposure is more than Rs 10
Crores.
298) To address OD facility to our agriculture and allied activity customers our Bank has
come out with a new product where interest is calculated at Half –Yearly rest.(272/15)
1) Product No 145
2) Product No 146
3) Product No 147
4) Product No 148
5) Product No 138
299) Rent eligibility for Scale –I Officer in Major A class Cities is Rs ----281/12
1) Rs 20000/-
2) Rs 16000/-
3) Rs 15000/-
4) Rs 14000/-
5) Rs 8500/-
300) Opening of Current account needs a discipline ,it is both explained in Manual of
Instruction Vol.-III and also recently . Mark the right choice-(283/15)
1) Banks are not to open Current A/c for entity which enjoy credit facilities from the
banking system , without specifically obtaining no due certificate from such lender
banker.
2) CASA base is very much important for every banker and therefore RBI has not
directed any Bank accordingly
3) The account opening Bank must visit branches of all local branh and take their
consent before opening such a/cs.
4) We have to take prior permission of RBI before opening a Current Accounts of
constituents whp have credit facilities with other banks.
5)The above point No 4 Is correct but the permitting authority is concerned RO.
301) The GOI has since made a amended the PML (Maintenance of Records) Rules 2005
providing additional relaxations for the purpose of proof of address in addition with
relaxations in proof of identities under simplified measures as contained in para 2(d) of
PML Rules. Thus the limited purpose of proof of address the following additional
documents are deemed to be OVDs under simplified measures for low risk customers”.
Mention the right choice of OVDs (287/15)
1) Utility bill which is not more than 2 months old.

2) Property or municipal tax receipt
3) Bank account or post office savings Bank account statement
4) Pension or family pension payment order
302) In Consortium Lending we may be a JLG (Joint Lenders Group) member or Leader.
Sometimes borrowers also come to make a finance separately . Such proposals can be—
289/15
1) On a selective basis we can finance but we have inform the other members
before making such credit decision/ sanction.
2) Credit information is to be shared among member banks regarding their
credit , derivatives and un hedged foreign currency exposure.
3) Our BOD has directed that Branches and Offices shall consider lending outside
consortium.
4) The above point 3 is subject to creation of charge and getting NOC from other
members in the consortium before disbursement .
5) All the above points are correct.
303) A fundamental rules regarding takeover of account under operational guidelines is

as below. Mark the right choice---289/15
1) Barring housing loans our bank is not entertaining takeover of any loan.
2) No cases should be taken over by our Bank from any other Bank , where
our EDs or MD and CEO have worked earlier.
3) Such proposals if received any as in point no 2 above are to be referred to
the respective functional departments at Corporate office with specific
reason and justification.
4) Clearance from the Board is to be obtained
304) In the policy guidelines on modalities for examining reasons for loans failure and
staff accountability the lapses with malafide intention attract punitive action under
vigilance angle. The following are seen under vigilance angle. Mark the right
choice.290/15
1) Demanding gratification and pecuniary advantage

2) Obtaining valuable things
3) Possession of assets disproportionate to known sources of income
4) Casesof misappropriation ,forgery or cheating or other similar criminal
offences.
305) Some financial services in the Banking Industry in general and Nationalised Banks in
particular can be outsourced . A policy decision is conveyed by RBI in this respect which
includes only one right choice given below . Mark it. (295/15)
1) By outsourcing any activity Bank does not diminish its obligation and there
senior management at the Board is ultimately responsible
2) Bank should not engage in outsourcing its internal control mechanism
where reputation is compromised
3) The such sub-contracting arrangement are to be reviewed to ensure that
they are extant to the guidelines envisaged
4) If cash management is given for outsourcing , it is to be reconciled in a
timely manner
306) Un remunerative debit balances i.e.; amount on hold remains in our SB and Current
accounts. Branch heads are now authorized to delete such amounts and the powers are
vested as below . Mark the right choice. 298/15
1) Irrespective of the scale of Branch Head they are empowered to remove

hold balances upto Rs 1000/- and beyond that RO is to permit.
307) FCRA 2010 and FCRR 2011 have given certain rules to observe while receiving
contributions from foreign donors to individuals /organizations/firms. One of the
following guidelines is correct in this respect. 299/15)
1) Every person who has been granted a certificate or given prior permission under
Sec 12 of FCRA shall receive foreign contribution in a single account only through
such one of the Branches of a Bank as he may specify in his application for gralnt
of certificate.
2) Further to the above, that such a person may open one or more accounts in one
or more Banks for utilizing the FC received by him.
3) Adding to the above , no funds other than foreign contribution shall be received
or deposieted in such account or accounts.
4) Every Bank oer authorized person in FX shall report to such authority as may be
specified.
5) All the above are correct options.
308) RBI has issued strict guidelines and penalties for delayed reporting/wrong
reporting/non-reporting of currency chest transactions and inclusion of ineligible
amounts in currency chest balances. One of the following is a correct option. (300/15)
1) The reporting of C/c transactions minimum of Rs 1.00 Lakh and thereafter in

multiples of Rs 0.50 Lakhs.
2) Time limit is to report the same before 9 PM of the same day on ICCOMS to link
office and the link office to the issue offices by 11 PM of the same day.
3) Relaxations are permitted in strike period of Banks and levy of penal interest for
delayed reporting rests with RBI
4) Soiled nodtes rfemittance is not to be shown as withdrawl by C/c and link offices.
If repoeted the penalty is Rs 50,000.
309) The Credit policy is always under modifications and our Bank is keeping in tune
with the directions of RBI in this respect. Regarding Loans and advances-to
Infrastructure Finance prior clearance from ALCO is to be obtained for exposures above
Rs --- with repayment period of 12 years and above. Mark the right choice. (301/15)
1) Rs 50 Crores
2) Rs 5 Crores
3) Rs 125 Crores
4) Rs 25 Crores
310) Credit policy envisages a ceiling of 2% of gross credit is prescribed for advances
against the following commodities. (301/15)
1) Cash crops
2) Edible oils
3) Agricultural produce
4) Other sensitive commodities
311) The material risks faced by the Banks are broadly grouped in to the following. Mark
the Wrong choice. (302/15)
1) Credit Risk
2) Market Risk
3) Operational Risk
4) Management Risk
312) Rating Charts are required for financing more particularly the controlling offices
can know the ROI charged by us correct or not. All the rating charts are placed at one
place for the reference of Branches in one of the following HO-BC circular. (302/15)
1) 301/15
2) 302/15
3) 303/15
4) 302/14
5) 302/16
313) Credit Sanctlioning powers -2015 envisages the powers of sanction different
proposals after following all the prescribed guidelines. The following one option is
correct with respects to sanctioning Dr balances in SB account for not exceeding 30 days
incase of Scale 3, Scale 2 and Scale 1 Branch Head respectively. (303/15)
1) Rs 5000/-, Rs 2000/-and Rs 1000/-

2) Rs 10000/-, Rs 5000/-and Rs 2000/-
3) Rs 8000/-, Rs 5000/-and Rs 1000/-
4) Rs 5000/-, Rs 3000/-and Rs 1000/-
5) Rs 5000/-, Rs 3000/-and Rs 1500/-
314) Some Banks have THL or teaser home loans where in the borrower can pay more
amount of installment depending on his rise in the income level. In our Bank we have
introduced on the same lines in case of education loans where the borrower, after
moratorium period keeping on line with rise in income can also pay higher amount of
installment. This we have coined as SURF , which expands dto-- (322/15)
1) There is no such added feature this is because any body can pre pay an advance
installment.
2) SURF is a popular detergent
3) Setting up of roads and factories for national development
4) Set up repayment facility
315) ACSISOBCEBC is- Mark the correct choice. (330/15)

1) Dr. BR Admbedkar central sector scheme of interest subsidy on education loan
for overseas studies for other backward clalsses and economically backward
classes.
2) This is launched by Ministry of Social Justice and Empowerment .
3) The objective of the scheme is to award interest subsidy to meritorious students
belonging to other weaker sections of the society.
4) Canara Bank is the nodal bank for paying such interest subsidy.
316) The following security norms are applicable for advances under SKCC as per
revised guidelines. Mark the correct choice. (343/15)
1) In order to reduce the difficulties faced by farmers in availing KCC loans by
mortgage of land, our BoD has permitted for relaxation in security norms for
SKCC Loans.
2) When the SKCC Limit is up-to R s2.00 Laks- Hyp of crops, Charge on the land if
the State Govt. Rules provide, and no need of third party guarantee is required.
3) When the SKCC limit is above Rs 2.00 Lakhs - Hyp of crops , mortgage of land and
third party guarantee need not be insisted.
4) When the SKCC limit is Rs 3.00 Lakhs in case of tie-up arrangements with sugar
factory or Tobacco Board etc., .Hyp of crops, No mortgage of land but third
party guarantee is to be obtained.
317) LMFIs Last mile financial institutions like commercial banks, RRBs, NBFCs MFIs and
other financial intermediaries which are in the business of financing micro enterprises, in
manufacturing –trading and service sector are eligible to get refinance from one of the
following listed institution. Correctly select it. (348/15)
1) MUDRA
2) NABARD
3) SIDBI
4) ICICI
5) Canara Bank
318) In order ato take forward the “Make in India “ mission , the DFS has proposed Skill
Loan Scheme on line with existing IBA model education loan scheme for vocational
courses. It has one of the following features. (349/15)
1. It is done at the support of NSQF National Skill Qualification Frame work.
2. The loan limit is Rs 5000 to Rs 150,000
3. No collateral security is required for such loan
4. National credit guarantee trust comnp Ltd covers 75% of the outstanding loan
amount
319) One of the following is the right option to mean SyndGuide . (350/15)
1) It is a loan scheme under skilled loan scheme to purchase Guide books
2) It is an app in android phones with products information –promotions,
campaigns, news and events and also interest rates ATMs and their location
etc.,
3) An employee is made in every branch to adopt all the visitors to the branch and
guide them to the proper counter
4) It is a scheme of appointing our Marketing guides eto tap new customers and
retain our existing clientele.
320) Our Government has come out with a lot of products suiting the need of SC/ST
communities ,among them one of the following is popular.353/15
1) NRLM
2) NULM
3) DRI Scheme
4) SRMS
5) All the above is correct
321) CEGSSC is Credit Enhancement Guarantee Scheme for SCs. One of the following
option is correct in this respect.(357/15)
1) It is the brainchild of Ministry of Social Justice and Empowerment
2) It is initially made with a corpus fund of Rs 200 Crores having IFCI as Nodal
Agency for management.
3) It is to extend guarantee coverage for young and start-up entrepreneurs
belonging to SC community.
4) IFCI under the aegis of DFS shall provide guarantee to public sector Banks
322) MSME registration is universalized as per the recommendation of-(360/15)

1) Soumita Committee
2) Haradhan Committee
3) Lila Roy committee
4) Shameena Committee
5) Kamath Committee
323) With the introduction holidays on 2nd and 4th Saturday it is necessitated full
working days on 1st and 3rd Saturdays w.e.f.,1st September 2015.Consequent this the
following changes are effectected.(363/15)
1) Non-subordinate staff working hours are raised to 6.30 hours on1st and 3rd
Saturdays.
2) Subordinate Staff working hours are raised to 7.00 hours on1st and 3rd
Saturdays.
3) Drivers working hours are raised to 7.30 hours on1st and 3rd Saturdays.
4) It is a point to note that no Over Time shall be paid .
324) Frauds are on the high side also in MSME sector.To avert such trend the
irregularities in credit sanctions are envisaged recently .Mark the right choice.(368/15)
1) Strict compliance of KYC guidelines
2) Besides preliminary assessment completely and duly filled ADV 80A of all the
parties to the contract.
3) Detection of CIBIL/CERSAI Reports
4) End-use confirmation and inspection of assets.
325) The meaning of TUFS is ----(372/15)

1) Technology Upgradation Fund Scheme
2) It is a fertilizer used in farm sector
3) It is a variety of BT Brinjal seed
4) Total Upliftment of Farmers loans Scheme
326) The following are source of Renewable Energy---387/15

1) Hydro power
2) Solar Power
3) Wind Power
4) Bio-mass Power
327) Relaxation in security norms and margin norms is made to loans granted to SHG
and Agricultural term loans. Which option is correct in case of SHG loan.(389/15)
1) No collateral and no margin is to be taken for loans upto Rs 10.00 Lakhs.
2) No lein should be marked against the SB a/c of SHG.
3) The loan component of each member in SHG is not to exceed Rs
1.00Lakh.
4) Ensure non-insistance for deposit while givig loan.
328) The following scheme is under housing for all-(392/15)

1) HF Mission
2) PMAY
3) All Priority Sector Housing Loans
4) Under this scheme the cut-off period is 2025 in complying loans for
housing.
5) Housing projects financed by NHB
329) As per Sachar committee recommendations, the public sector banks are required
to setup lending to minority communities to reach the level of 15% of PSA. The following
is not a minority community. (398/15)
1) Sikhs, Muslims
2) Christians
3) Zoroastrians, Buddhists
4) Jains
5) Anand Margis
330) For exchanging of credit information by Banks IBA has given a list of 8 grades of
means of borrowers/guarantors. They are namely –m Very small means, small means,
Moderate means, fair means, good means, very good means, large means and very large
means instead of writing the net worth based on total assets and total liabilities. When a
person with net worth of Rs 25 Lakhs to Rs 1.00 crore is referred as- (402/15)
1) Fair means
2) Good means
3) Very good means
4) Large means
5) Very large means
331) As per PMJDY OD accounts up to Rs 5000 seeding Aadhaar number is one of the
eligibility condition. But recently Hon”ble Supreme Court has given following interim
order. Mark the correct choice. (419/15)
1) Product ion of Aadhaar card will not be a pre condition for obtaining and
benefits due to a citizen.
2) The Unique identification number of Aadhaar card will not be used for any
purpose other than the PDS scheme and in particular for the purpose of
distribution of food grains, etc and cooking fuel, such as kerosene
3) The Aadhaar card may also be used for the purposes of LPG distribution scheme
4) In view of the above interim order the DFS has advised that linking of Aadhaar
number in the bank account should not be made mandatory or should not be
insisted upon for grant of OD up to Rs 5000 in PMJDY accounts.
5) All the above are correct options
332) Very many loans are sanctioned to MSME sector and are eligible for classification
accordingly. But owing to lack of knowledge on classification we some times fail in
reaching the targets. One of the following is not to be classified as loan lto MSME.
(422/15)
1) MSME units will continue to enjoy the PSA status up to 3 years after they grow
out of the MSME category concerned.
2) Loans extended to Micro, Small and Medium enterprises as per the definition
under manufacturing sector irrespective of the loan amount shall be treated as
Priority sector.
3) Loans to retail trade (RT) , educational institutions and other service entps up to
Rs 5.00 Crores sanctioned on or after 20.07.012 shall be classified as Micro/small
entps if the investment in equipment dies not exceed Rs 2.00 Crores.
4) Gold loans if extended for the purpose of business (under product code 794) it
shall be classified under MSE.
333) Synd Professional-a scheme for financing professionally qualified persons under
MSME. Name the correct choice. (441/15)
1) Doctors
2) Jewelers
3) Contractors
4) Professionals like CAs, ICWAIs ets
334) ASBA –Application Supported by Blocked Amount is a product we allow to stock

investors in public issues , It has one of the following correct features to be mentioned.
450/15
1) The investors earn interest till the period his money is transferred to the
proposed company.
2) SEBI has directed that if the staff at bank branch are not able to block the
amount they should not advise the investor to approach another bank/branch
and rather accept the application for further consultation to other branches or
RO to know the procedure.
3) The registrar share transfer agents and depository participants shall be allowed
to accept ASBA Application.
4) Any discrepancies in the application are to be brought to the immediate notice
of the investor for rectification.
335) Staff ODC limit are revised recently as , for Executive it is Rs.9 .00 Lakhs , for
Officers RS .7.00 Lakh ,for clerical Rs 3.00 Lakhs and for subordinate Staff Rs. 2.50 Lakhs.
One of the following prerequisites is a must -(-454/15)
1) The Employee should have completed 5 years of service at least.
2) The cutback includes EMI along with interest, normal contribution to EPF , PF
loan , IT , PT ,etc.
3) Cut back norm in housing loan availed cases it is 60%
4) Employees who have not completed 5 years of service are eligible for DL
336) For issuing of SGBs___________ no of our Bank branches are designated-(456/15)

1) All 3800+ Branches
2) One Branch per State
3) 101 of our Bank Branches across the country
4) The depositor can deposit at any of the Bank Branches at his choice.
337) Advances to agriculture purposes against security of---is permitted. Mark the
wrong choice.(458/15)
1) Gold ornaments
2) Gold Bonds
3) Agri-Land
4) Gold Bullion
338) Synd Swayam is a SB product. It can be opened in Products 220 and 201.It has the
following features-(460/15)
1) It is aimed at Y-gen customers.
2) It is an online channel for opening SB a/c through Banks website.
3) Customer has to come to the Branch with all KYC in original for activation.
4) The above compliance is to be done by the customer within 30 days.
339) Now RBI has relaxed granting of loans on CDs(certificate of Deposit held by MFs.
One of the following relaxation /rule is made by RBI.(473/15)
1) The Branches are advised to obtain declaration from the MFs confirming
adherence to RBI/SEBI guidelines
2) The CDs extended to equity oriented MFs will form part of Bank’s capital
market exposure.
3) The MF shall not borrow except to meet temporary liquidity needs
4) The MF shall not borrow more than 20% of the net assets of the scheme
and the duration of such a borrowing shall not exceed a period of 6
months.
6)
340) At the instructions of MoHRD , DFS has suggested that every bank shall have a
educational loan portal. On these lines we have Synd Vidya Lakshmi Electronic Portal
which has one of the following feature. (475/15)
1) It is a single window for students about information of Govt. Scholarships and
various education loan schemes of Banks.
2) Common loan application for students of all Banks connected to the portal
managed by NSDL.
3) Dash Board for students to track status of his/her loan application and also with
a mechanism to communicate with the Bank/s
4) This enables Govt. etc achieve in knowing certain objects of PMVLK (Pradhan
Mantri Vidya Lakshmi Karyakram)
341) Frequent dishonor of cheques is disturbing the image of the Bank in the market.
Therefore, Department of Payments and settlements at RBI has directed no cheque book
shall be given to a party whose cheques are returned for more than 3 occasions in a
given month. The reasons for the above adverse experience is- (476/15)
1) Issue of cheque books without tracking the cheque returns history of the party
2) Issue of cheque books for payments of EMIs to certain market lenders
3) The above is also true in case of ECS Dr returns
4) Financial indiscipline is the reason for such trend.
342) RBI has observed that many a branches are opening current accounts with out
taking proper KYC. This gives rise to unscrupulous transactions and Banks are under
criticism. One of the following observations are made by RBI In this respect.
478/15
1) In the newly opened accounts, frequent RTGS/NEFT transactions
disproportionate to the under lying business are found.
2) Delayed reporting of STR/CTR are made to FIU-IND
3) Current accounts are functional for a small period say 6 to 9 months and after
wards they are either closed or operations are stopped.
4) Several structured remittances in the range of USD 80000 to 99900 are made to
avoid doubt.
343) In case of E-auction of properties- DFS/MoF/GoI has referred the e-auction of
properties made by the bank and has also requested the Banks to include the following
points in the advertisements published. (479/15)
1) In the advertisements the address of the secured property should be completed
with the PIN code of city or area.
2) The advertisement should contain a column mentioning the outstanding dues to
local self Govt. (Property Tax, Water and sewerage tax, Electricity dues etc., ) on
a particular date against each property.
3) Format x and forma Y to be used accordingly.
5) None of the above is correct as DFS has nothing to do with as e-auction comes
under SARFAESI Act.
344) Prudential norms on changing in ownership of borrowing entities (outside SDR
scheme) are made. Which of the following choices is correct. (483/15)
1) In order to further enhance bank’s abilities to bring in a change in ownership of
borrowing entities which are under stress primarily due to
operational/managerial inefficiencies despite substantial sacrifices are made by
the lending banks.
2) Change in ownership may be by way of sale by the lenders, to a new promoter,
and shares acquired by invocation of pledge or by conversion of debt of the
borrower into equity outside SDR mechanism.
3) On such change in ownership of the borrowing entities, credit facilities of the
concerned borrowing entities may be upgraded as Standard but provision is not
to be reversed subject to certain conditions.
4) Banks may reverse the provision held against the said account only when all the
outstanding loan/facility of the borrowing entities perform satisfactorily during
the specified period.
345) What is DEAF in Banking context. (486/15)

1) Remaining silent even though fraud is noticed in the Branch
2) Our HO Operations department transfers inoperative SB/CA/TD/Susp/UCD/MDs
On monthly basis once the transaction completes 10 years to RBI. Operational
guidelines for such transfer and reclaiming when the demand from the customer
arises from DEAF (Depositors Education and Awareness Fund)
3) Where a/c s are maintained not on CBS system branches to send the report
manually.
4) It is an apparatus for the use of DEAF people working in our branches.
5) Item no. 2 and 3 are correct.
346) CGS (Credit Guarantee Scheme ) of CGTMSE has done one of the following
modifications in the guarantee claim settlement process. Mark the right choice. (487/16)
1) CGTMSE has created an online module in its portal where by claim application
form would be reverted to the MLIs duly indicating the appropriate nature of
deficiency .
2) The MLIs were expected to re lodge the claim with desired additional
information and / or correct the details
3) Regional offices are advised to take note of the above and shall ensure that all
pending returned claims are submitted online in CGTMSE portal
4) RMs are advised to monitor pending claims and ensure prompt submission of
clarifications sought by CGTMSE for early disposal of the pending claims
347) Death claims master circular (Net Value) has remained untouched for a long time .
Recently Sweeping powers are given to make settlements at branch level in case of
death claims. Scale II branch head now can settle up to a net of Rs. – (500/15)
1) 75000/-
2) 150000/-
3) 250000/-
4) 500000/-
5) 800000/-
348) One of the following options is correct to define “Trade Based Money Laundering”
– (505/15)
1) It is a process of crime where unaccounted money may be moved cross-border
by criminal organizations and terrorists financiaries disguising its origin and
integrity into the formal economy.
2) Trade mis-invoicing is a practice to adopt this route.
3) Without trade high value transactions of funds transfer is accommodated either
through RTGS or NEFT.
4) Sometimes advance import remittances are also allowed in the above as an
modus-operandi.
5) All the above.
349) As per the revised guidelines F&A processing is brought under Agriculture.
Agriculture based EMI loans can be now opened in our system under the product code –
(511/15)
1) 756
2) 140
3) 125
4) 726
350) Communicating the detailed and modified guidelines for relief measures by banks
in areas affected by natural calamities , bank has to pass on the relief measures to the
affected farmers as per the decision of DCC/SLBC. One of the following points is correct.
(514/15)
1) The interest subvention of SKCC loans will continue to be available for the 1st
year from the date of restructure.
2) Such restructured a/c shall attract normal ROI from the 2nd year onwards as per
the RBI policy.
3) To facilitate the branches for implementation of the scheme our DIT has
developed a new product No.844.
4) The product is having a minimum tenor of 6 months and to a maximum of
120months for loan a/cs
5) All are correct.
351) Late payment or late receipt of cash after the closing of cash / business hours or on
any holiday is discouraged in principle by RBI on the following one ground . (515/15)
1) Insurance coverage is not eligible if anything un-to-ward happens, like robbery ,
dacoity etc.
2) The drawer of a cheque can issue stop payment order before next working day ,
which enables the banker in a critical position .
3) Both the above are correct.
4) At times branch mangers have to do it to help the customers .
352) Small modifications are done in physical submission of reporting register by

branches , as every report can be generated under CBS system. Mark the correct option.
(517/15)
1) The reporting register in our bank is known as AB1026
2) As ROs can now view the statement/report at their end , submission of such
reports by branches is dispensed with and is approved by our board.
3) Branches shall ensure that all PNs and LRFs are to be submitted to the reviewing
authority immediately on sanction of a loan / facility in respect of sanction above
Rs. 5lacs (other than staff loans , JL ,LD and ODD).
4) Branches need not wait till month end for submitting PNs and LRFs and they can
send immediately .
353) What is RRR package. Mark the right choice. (519/15)

1) It is loans coverage under revival , reform and restructuring package for handloom
sector .
2) Interest on the above loans after the a/cs become NPL can neither be claimed
from Govt. by way of waiver nor claimed from the weaker sections as the a/c s are
written of by the bank as a pre-condition.
3) Under RRR package funds are provided for repayment of 100% of the principal
failed and 25% of the over due interest on the loan becoming NPL .
4) This scheme is eligible for NPLs and over dues as on 31.3.10 to Primary Weaver’s
Co-operative Society , Apex Society , Handloom Weavers ,Master Weavers ,SHGs ,
JLGs who have taken loan for handloom weaving purposes , provided the bank
agrees to sanction fresh loans to a maximum of Rs. 50000/- per individual .
354) MUDRA Loans are given under Brand Names Shishu , Kishore and Tarun depending
on the quantum of amount financed. Now the Simplified checklist is given to make the
processing faster and timely in case of Shishu loans up to Rs. 50000/-. Mark the right
choice – (2/16)
1) Proof of identity – Self Certified letter , Voters ID ,DL , PAN Card , AADHAR Card
,PP or Photo ID issued by any Govt. Authority
2) Proof of residence may be recent telephone bills , Property Tax receipt , Voter
Card ,AADHAR Card or any letter issued by loacal Panchayat / Local Municipality
3) Proof of SC/ST/OBC / Minorities certificate if applicable.
4) Statement of a/c from the existing banker for the last 6 months
5) All the above.
355) When an officer is going outside the office on attending the cash van/vehicles at
currency chests duty the revised reimbursement with-in the same place for out of
pocket expenses is Rs (3/16)
1) 60
2) 80
3) 100
4) 200
5) No extra amount is allowed as he comes back to the Branch on the same day on
completing the task.
356) In case of FCNR (B) deposits one of the following options is only correct. (5/16)
1) FCNR (B) can be made on only 5 designated currencies.
2) The period of deposit can be more than 1 year but up to 5 years only
3) Compounding effect on the interest is allowed only when the deposit is kept for 1year
and 1day onwards.
4) It can be made in USD, GBP, EUR, CAD and AUD
357) Cheque related frauds are on the rise. Dispute Redressal Mechanism of RBI has
suggested one of the following guidelines. (6/16)
1) RBI has suggested implementing checking at multiple level of cheques with a
threshold limit of Rs.5lacs. But our Bank desired to reduce this threshold limit to a
further .
2) Contacting the customer and informing him the details of the cheque
presented.
3) Verifications of cheque for their genuineness
4) Obtain a letter from the drawer of the cheque , if any objections are raised by
the drawer and informing the Service Branch for return of the cheque , besides
keeping a register to maintain the same.
358) Interest subsidy and principal Subsidy are given to different loans on the priority
basis by the GOI on different selected loans . PPS is a loan scheme where interest subsidy
is given . which of the following points is correct in this respect. ( 8/16 )
1) It is Padho Pardesi scheme .
2) It is Education loan interest subsidy scheme to people belonging to minority
communities studying abroad.
3) The Nodal bank for claiming such interest portion is Canara Bank.
4) Option 1 and 2 are correct.
5) Option 1 , 2 and 3 are correct.
359) Scheme for development of Commercial Horticulture through production and post
harvest management is under NHB. NHB here refers to – (27/16)
1)National Housing Bank
2) National Horticulture Board
3) Natural Habitat Board
4) Natural Horticulture Board
360) The subsidy under MIDH (Mission for Integrated Development of Horticulture) is to
the extent of _ and _ % respectively for open field cultivation and protected cultivation.
(27/16)
1) 40 and 50
2) 50 and 40
3) 33 and 40
4) 50 and 50
5) 50 and 75
361) For eligibility of subsidy under MIDH as mentioned , the horticulture area covered
under open field cultivation and protected cultivation are respectively – acers and –
sq.mtrs. wef 1.5.10. (27/16)
1) 10 and 1000
2) 5 and 1000
3) 2 and 1000
4) 1 and 1000
362) Scheme for development of Commercial Horticulture through production and post
harvest management is under NHB. NHB here refers to – (27/16)
1)National Housing Bank
2) National Horticulture Board
3) Natural Habitat Board
4) Natural Horticulture Board
363) The subsidy under MIDH (Mission for Integrated Development of Horticulture) is to
the extent of _ and _ % respectively for open field cultivation and protected cultivation.
(27/16)
1) 40 and 50
2) 50 and 40
3) 33 and 40
4) 50 and 50
5) 50 and 75
364) For eligibility of subsidy under MIDH as mentioned , the horticulture area covered
under open field cultivation and protected cultivation are respectively – acers and –
sq.mtrs. wef 1.5.10. (27/16)
1) 10 and 1000
2) 5 and 1000
3) 2 and 1000
4) 1 and 1000
365) CSIS or Central Scheme for interest Subsidy is given on certain Education loans
which are eligible for this purpose. One of the following criterion is correct is case of
Income Certificate as clarified by MoHRD. Mark the right choice. (30/16)
1) Income Certificate should be obtained up – front at the time of sanctioning of
Education loan
2) The format of such certificate issued by the designated authority of the
concerned state can be accepted .
3) IT returns of the parents can also be accepted as advised by MoHRD.
4) If any student submits IT returns in the 2nd or subsequent years Interest subsidy
may also be provided to them , but from that year only. However the such
certificate is to be submitted only once in the loan period.
366) Ministry of Finance GOI has approved funds to promote skill development , higher
education and factoring activities education. To this effect Credit guarantee scheme is
initiated . Which option is correct among the following . (36/16)
1) It is managed by NCGTC
2) National Credit Guarantee Trustee Company Ltd. Covers all loans from a
minimum of Rs.5000/- to Rs.150000/- without any collateral security and
guarantor ship.
3) this scheme is known as CGFSD. The Credit Guarantee Fund Scheme for Skill
Development.
4) The MLI has to pay 0.125% as guarantee fee per quarter on the outstanding
portfolio balance. The ROI on such loans can not have a spread more than 1.5% to
MCLR , and the coverage is 75% of the amount in default.
367) We have introduced a new OD product code for agriculture and allied activities
where interest is applied on monthly rest. This loan has one of the following additional
features – (43/16)
2) All IRAC norms applicable to OD products are applicable in this case also.
3) PC , DC and MC are to be collected separately and manually .
4) Ledger folio charges to be collected on qauterly basis
368) A new OD product code for Agricultural and allied activities with monthly interest
applicable is 149 created recently has one of the following features. (43/16 )
1) When income generation is monthly in nature this product can be used
2) This product 149 will have all the features which are available for normal
Overdraft product like 125.
3) Charges like PC , DC and MG are to be collected separately.
4) All IRAC norms as applicable to OD products are applicable to this product also.
369) A new OD product code for Agricultural and allied activities with monthly interest
applicable is 149 created recently has one of the following features. (43/16 )
1) When income generation is monthly in nature this product can be used
2) This product 149 will have all the features which are available for normal
Overdraft product like 125.
3) Charges like PC , DC and MG are to be collected separately.
4) All IRAC norms as applicable to OD products are applicable to this product also.
370) RBI has given one of the following guidelines on disclosure of mortgage details by
builders in case of project financed by banks to safeguard the trust of the borrower /
buyer of land . Mark the right answer. (61/16)
1) The developer / builder would disclose in pamphlets / vouchers etc. The name
of the bank/s to which the property is mortgaged .
2) The developer / builder has to append such information relating to mortgage
while publishing advertisement in a particular scheme in Newspapers and
Magazines.
3) The developer / builder would indicate in their pamphlets / brouchers thet they
would provide NOC / permission of the mortgagee bank for sale of flats / property
if required .
4) The above step is to protect the interest of both buyer and banker.
371) Pledge / Produce marketing loans are given to farmers . The guidelines for such
loans are given by M/S National Bulk Housing Corporate Ltd which is now known as Star
Agri. It has one of the following modalities.(68/16)
1) We have a CMA Collateral Management Agreement with NBHC – STARAGRI
2) They issue a NWR (Negotiable Warehouse Receipt)
3) It is an ISO certified and National level end – to – end solution providers in
warehousing.
4) they look after bulk holding , inspection , procurement , commodity and paste
management , control management and disposal of commodities. However if the
produce is stored in farmers own godown is not eligible for finance.
372) Pledge / Produce marketing loans are given to farmers . The guidelines for such
loans are given by M/S National Bulk Housing Corporate Ltd which is now known as Star
Agri. It has one of the following modalities.(68/16)
1) We have a CMA Collateral Management Agreement with NBHC – STARAGRI
2) They issue a NWR (Negotiable Warehouse Receipt)
3) It is an ISO certified and National level end – to – end solution providers in
warehousing.
4) they look after bulk holding , inspection , procurement , commodity and paste
management , control management and disposal of commodities. However if the
produce is stored in farmers own godown is not eligible for finance.
373) CGTMSE office has made certain modifications in the coverage . This includes one of
the following right choices. (69/16)
1) With the increasing level of claims now the guarantee fees is made on the
basis of standard rate added with our NPL level and claim payment ratio on
differential basis i.e. We have to pay additional premium + Standard rate.
2) CGTMSE office collects only standard rate. No such addition and
differentiations are added.
3) Now a days almost all the PSU Banks come out from the ambit of CGTMSE
coverage because of complexity in the claim procedure .
4) Our bank is not invoking CGTMSE coverage.
374) To facilitate the Rate of Premium to be collected the up dating of NPL and up-
grading of NPLs is a very essential from the view of CGTMSE angle. For this the following
change is done. Mark the right choice. (69/16)
1) The MLIs are to mark NPA in the CGTMSE portal within the subsequent quarter from
the date of classification as NPA of that QUAERTER.
2) This is because now the differential pricing (Risk Premium) system is to be put in
practice.
3) In this regard CGTMSE is in the process of releasing a software to allow up-gradation
of NPAs by MLIs in their portal.
4) Existing accounts at old rate till renewals/maturity.
375) AADHAR no. Is to some extent restricted for in discriminated use for public domain
. One of the following guidelines is given by DFS-MoF-GOI at the verdict of Hon’ble
Supreme Court recently. (70/16)
1) AADHAR no. Or UIDAI (Unique Identification Authority of India ) and the identity
of the AADHAR holder is to be kept confidential.
2) They can not be displayed in public domain such as internet , Web , Public
Notices etc.
3) in case there is a requirement to publish a list of individual by any dept. Or any
agency through public notice , such list shall not contain AADHAR no.
4) the above rule is applicable wef 11.8.15
376) Synd Parvarish – is a newly designed programme in our Bank. It relates to one of
the following choices only is correct. Pl. Mark it. (75/16)
1) Adopting street children who are orphans because of civil riots, terrorist
activities, or natural calamities and giving them to orphanages with an amount of
our corpus fund is also given along with the child.
2) It is mentor and mentee programme uniquely planned so that the seniors of
the Branch shall guide and explain the things in the Branch working and loans
giving methodology to the youngster employees for the good of the Bank.
3) It is a planned small documentary by our Bank to be made available in our
website about all the products available in our Bank at one point.
377) Project ANANYA is a process of – Mark the correct answer (77/16)

1) MSME lending on a very fast basis to uplift the economy.
2) It is a process of BPR Business process of Re-enegineering
3) It is a process of encouraging uniquely agricultural loans across the country
4) It envelops all the business community to get loans more particularly for retail trade
5) None of the above options is correct.
378) Mudra loans is of now a great importance for generating self employment and
income generating activities. One of the following choices is correct. Pl. mark it. (83/16)
1) Under Mudra scheme, non farm enterprises in manufacturing, trading and service
sector whose credit needs are below Rs 10 lakhs are given to income generating
activities can be given.
2) It can be registered under Udyog Aadhaar Regn. Number.
3) Branches are to give stress in giving Mudra working capital loans up to Rs 25000
Under product code 148
4) Link to KVIC websites from Mudra web site portal under PMEGP Scheme.
379) Credit Guarantee Scheme for education loans by National Credit Guarantee Trustee
co Ltd has certain features. Please mark the correct choice only. (84/16)
1) This is one more scheme introduced by MoF, GOI to guarantee the IBA model
educational loans.
2) This is not applicable to Skilled loan development scheme
3) The scheme is available for loans up to Rs 7.50 Lakhs without any collateral
security and 3rd party guarantee.
4) The NCGTC shall not exercise its rights of subrogation on settlement.
380) Department of CRILC has made certain changes in reporting the loans/exposures of
Rs 5.00 Crores and more by the MLIs. One of the following change is correct. (85/16)
1. Where a loan is Rs. 50 Crores and more and is a fraud case it is to be report dot
RBI-CRILC s EWS and RFA account on weekly basis.
2. The recent changes are now kept in tune with BSR codes and also with 3 digit
industry codes and 5 digit classification of industry codes.
3. The borrower is to be rated by external rating agencies like CRISL, CARE, ICRA,
SMERA, FITCH India , India Ratings and Research .
4. If a standard asset of NPA is further financed as restructure it also can be
reported as a special column is made.
381) Udyog Aadhaar for MSME Regn. Memorandum is a must for claiming subsidy if any
from the sponsoring agency. In this respect one of the following
guidenines/clarifications is issued by GOI including guidelines for filing the online Regn.
Mark the correct answer. (91/16)
1) There shall be no fee for such registration.
2) It for all Micro, Small and Medium enterprises as per the Ministry
3) There shall no restriction for registering more than onetime under one Udyog
Aadhaar Memorundum number.
4) The name appearing in the UIDAI should be spelt in the application as it is without
any changes for updation.
382) CGS Credit Guarantee Scheme of CGTMSE has made the following changes in the
feedings . Mark only the correct choice. (93/16)
1. Udyog AADHAR number and Bank account number
2. IT PAN for credit facilities of Rs 10.00 Lakhs and more
3. IT PAN for credit facilities of Rs 5.00 Lakhs and more
4. Options no 1 and 3 are correct .
5. Options no 1 and 2 are correct.
383) Introducing the modifications in the CGTMSE portal for updation the MLI is allowed
in the software only by the one to whom the authority is given is not less than ----, under
maker checker concept.Mark the correct choice given below. ( 94/16)
1) Senior Manager
2) AGM
3) DGM
4) Any authorised official
5) Only GM/FGMO can do this.
384) In the flexible structure of Project loans and classifications on filing of suits by
RLCAC II headed by CM one of the following corrections are made . Please mark it.
(102/16)
1) Flexible structure of long term Project loans to infrastructure and crore
industries is also applicable to ECBs( External Commercial borrowings) availed for
funding projects subjected to FEMA 1999 Guidelines
2) In case of filing suits where RLCAC II is headed by CM it was inadvertently
mentioned the powers delegated in respect of filing of suit was mentioned as
Rs.25.00lacs (shadow balance) , it is to be read as Rs.250.00lacs ( shadow balance)
3) In the above places CM is mentioned it is to be read as AGM
4) Options 1,2 & 3 are correct.
5) Options 1 & 2 are correct.
385) When in case of fraud / malfeasance if existing , promoters are replaced by new
and the borrower company is totally delinked from such erstwhile promoters /
management . The following options is correct (108/16)
1) Banks and JLF may take a view on restructuring of such a/cs based on their
viability .
2) The erstwhile promoters are subjected to criminal action if any .
3) Restructure packages to be implemented in a time bound manner.
4) All CDR/ JLF /Consortium / MBA are to be implemented in 90days from the date
of appraisal. For other cases it is 120 days.
386) CERSAI Registration is a must and is to be done within 30days of sanctioning of loan
under SARFAESI Act. Which of the following option is correct to enforce our security
interest . (110/16)
1) Registration within 31days – 40days is allowed with a penalty of 2times the
applicable fees.
2) ) Registration within 41days – 50days is allowed with a penalty of 5times the
applicable fees.
3) Registration within 51days – 60days is allowed with a penalty of 10times the
applicable fees.
4) Beyond that if any late is done , condonation of delay is to be applied at the
permission of Central Govt.
387) While making finance to SC/ST and Women Enterprises under ‘Stand Up India’
Programme as addressed by our Hon’ble PM , one of the following is correct. (114/16)
1) KBIC Programmes
2) Programmes coming under MSME
3) Each Bank is advised to atleast one project for SC/ST and Women category to
give an impetus to their social empowerment
4) PMEGP Programmes
389) Bank Mitras are appointed by TSP . They help in bank development in one of the
following fields . Mark the right choice. (117/16)
1) AADHAR seeding in a/cs
2) NPL Recovery
3) Bringing new loans under SKCC, SHG , Micro and Small units
4) Opening PMJDY a/cs
390) In case of all loans valuation of security / assets modalities are changed recently .
The following one choice is correct , pl. Mark it. (122/16)
1) All advances where security is more than Rs.2lacs shall be got valued.
2) When the property is more than Rs.10crores it should be got valued by 2
valuers and lowest among is the basis.
3) Standard assets , housing loans , Synd mortgage loans are to be done once in 2
years.
4) All NPLs where immoveable property is there is to be valued once in 3 years.
5) All the above.
391) The rate of valuation charges payable while valuing assets secured to our loans is
enlisted and the procedure is changed recently along with rules regarding their
empanelment is modified recently. Which one is correct. (122/16)
1) For property valuation up to Rs. 5lacs it is – ½%
2) For property valuation next Rs. 10lacs it is – 1/5%
3) For property valuation next Rs. 40lacs it is – 1/10%
4) For property valuation above the above limit it is 1/20%
392) The following short term crop loans up to Rs.3lacs are eligible for interest
subvention (2%) and additional interest subvention (3%) , for prompt payment. Only one
of the following choices is correct. Mark it. (127/16)
1) SKCC & Loans given on a/c of natural calamities to farmers .
2) SK Swarna
3) Pledge loans on NWR to SF and MF
4) Restructure short term crop loans
5) All the above.
393) The following short term crop loans up to Rs.3lacs are eligible for interest
subvention (2%) and additional interest subvention (3%) , for prompt payment. Only one
of the following choices is correct. Mark it. (127/16)
1) SKCC & Loans given on a/c of natural calamities to farmers .
2) SK Swarna
3) Pledge loans on NWR to SF and MF
4) Restructure short term crop loans
5) All the above.
394) In recent modifications folio charges in OD a/cs up to Rs. 1 lac are waived under
loans to MUDRA Scheme . One of the following further modifications are also done in
this respect. Which one is right. (128/16)
1) Loans to non-farm sectors in manufacturing
2) Trading and service sectors for credit needs
3) If the quantum of loan is below Rs.10 lacs given to income generating activities
4) We have to open the above a/cs for making eligible under product code 140.
395) “Start Up India“ Programme envisages a conducive environment where turn over is
not more than Rs. 25 crores. If any entity is forms by splitting up or reconstituting a
business to avail tax benefits by giving a wrong certificate will be made to pay a penalty
not less than Rs. – (129/16)
1) 25000/-
2) 50000/-
3) 75000/-
4) 100000/-
5) No such penalty shall be levied as they are to encourage small units for
generating employment.
396) In place of Base Rate Lending System , we have switched to MCLR System to have
better transparency in our lending portfolio. MCLR here refers to – (138/16)
1) Marginal Lending Rate
2) Marginal Cost of Lending Rate
3) Marginal cost of Fund Based Lending Rate
4) Micro Credit Lending Rate
5) Micro Credit Fund Based Lending Rate
397) Under Prime Minister Fasal Bima Yojana (PMFBY) one of the following insurances is
only applicable to farmers . (139/16)
1) PMFBY , replacing NAIS and MNAIS
2) Restructured WBCIS
3) Unified Package Insurance Scheme (UPIS)
4) Service Tax is exempted in Agricultural Insurance Scheme
398) Large value frauds are being perpetrated more particularly in shipping bills recently.
In this respect IBA has given certain communication as instructed by DFS/MoF/GOI.
Which one is correct. (136/16)
1) It has been informed that the import export documentation in customs takes
place through Indian Customs EDI system.
2) The Stakeholders have access to ICES through their gateway which all
stakeholders use it regularly.
3) This status of any Shipping Bill of Entry with details like No., Date , and Port of
Export etc. Can be known .
4) The lender therefore can have access to this gateway before financing to know
the genuinity of the transaction and can avert frauds.
399) Stand Up India Programme has been initiated to encourage enterprenueal culture
among marginalised section of the society represented by SC/ST and women. This
programme has 3 main pillars. (142/16)
1) Support/ handholding stage
2) Finance at competitive rates
3) Credit guarantee support to the bankers
5) Irrespective of the scheme name we as an MLI keep financing for any legal
income generating venture. Hence there is no need and there is no such guideline
or pillars in financing under Stand up India scheme.
400) Synd Solar Jyoti Scheme was up to March 2015.Now GOI has launched a revised
lighting scheme (LED) wef 29.2.16 where subsidy is also available from NABARD under
MNRE lighting scheme. This has one of the following features. Mark it. (159/16)
1) Location of unit could be Urban/Local
2) Margin for solar lighting and water heating system is 15% of the project cost.
3) Individuals , SHGs ,JLGs ,NGOs ,Trust , farmers’ clubs and any other type of
borrowers approved by MNRE are eligible for subsidy.
4) MNRE has approved 3 models like LED lighting , solar housing systems under DC
models and Solar housing systems under AC models
401) Synd Wasiat – EZEE is a scheme to enable – (168/16)
1) Any body who wants to make a will can make it online with our service
provider HYPERLINK on our website.
2) Finance is given to the HIG (people) for doing the above.
3) Both 1 & 2 mentioned above are correct.
4) It is a scheme for giving EZEE loans for any purpose without any security if the
branch head knows the borrower personally
402) One of the following features is correct in case of ‘Start Up India’Programme .
(142/16)
1) It envisages leveraging the vast network of bank branches in our country by
extending financial support to minimum 2.50 lacs Green Field Projects
2) To support / have a hand holding stage
3) Financing at competitive rates.
4) Credit guarantee support to banks
5) All the above.
403) Now a days premium payable to CGTMSE is not depending on standard rate fixed
by them . We shall have to pay additional differential premium based on our rise on the
NPL ratio of MSME loans and their payout ratio. The CGTMSE office communicated such
rates on every 1st April of a year which are applicable up till 31st March next year. As such
they have already communicated the rate of premium payable by our bank from 31st
March 2017 . Which of the following options is correct. (150/16)
1) Standard Rate + 0% + 0%
4) Standard Rate + 20% +2 0%
404) Special OTS is allowed on a relaxed term by completely waiving interest to be

payable on education loans where the sanctioned limit is not more than Rs. 4lacs. It has
one of the following other conditionality to make it eligible. Mark the right
choice.(162/16)
1) The validity of the scheme is up to 31.3.17 with a condition to close the account
before 30.6.17.
2) The such education loan must be clean.
3) In case of DA3 and Loss Assets it is permissible to collect atleast 50% of the
book balance.
4) The branch can also recommend for waiver and write off.
405) In our bank special OTS for NPL Agricultural loans introduced which has a validity up
to 30.3.17 . One of the following matrix is correct. (164/16)
1) In case of SSA including restructure at least BB is to be collected.
2) In case of DAs including restructure , at least 90% of BB is to be collected.
3) In case of loss assets , including restructure , at least 75% of BB is to be
collected.
4) While calculating the net worth of the borrower / guarantor , machinery , land
etc which is held as security can be ignored .
406) Our Bank has devised formats ASD 11(a) and 11(b) to obtain notarised Affidavit
from the Housing Loans borrowers / Mortgage loans . Which Option is correct. (176/16)
1) This is at the instructions of RBI – CO – Mumbai
2) The affidavit is given by the borrower stating that – the borrower shall not
violate the sanction plan , construction shall be strictly as per the sanction plan or
the built up property has been constructed as per the sanction plan and / or
building by-laws.
3) Requisite stamp duty is to be paid on such additional paper without fail.
407) Coverage of MSME loans is drastically reduced by CGTMSE office. Now the
coverage to a maximum is up to Rs. 50 lacs , for loans in the range of Rs.50 lacs . This was
to Micro , Women / North Eastern Enterprises , Other enterprises respectively was to a
maximum of Rs. - , - and - .(183/16)
1) 62.50 lacs , 65.00 lacs , 62.50 lacs
2) 62.00 lacs , 65.20 lacs , 62.50 lacs
3) 62.50 lacs , 65.50 lacs , 62.20 lacs
4) 62 lacs , 60.00 lacs , 62.00 lacs
5) 50 lacs , 50 lacs , 50 lacs.
408) As per RBI guidelines no Collateral Security shall be obtained on all eligible MSME
loans covered under CGTMSE without exception and coverage under CGTMSE is to be
ensured to loans up to Rs. – (183/16)
1) 10 lacs
2) 25 lacs
3) 50 lacs
4) 100 lacs
5) All the above.
409) The unique feature of CGTMSE covered loans benefitting the banker is given in one
of the choices . (183/16 )
1) It is given to self employment generation and further employment indirectly
only to women beneficiaries
2) It is given to self employment generation and further employment indirectly
only to SC/ST
3) To give an additional comfort to banks in calculating risk weight and by not
providing provision on the guaranteed portion when the a/c becomes NPL.
4) We need not create provision at all on the total loan once it is covered under
CGTMSE
410) In case of credit proposals placed before Credit Approval Committees at RO / FGMO
/ CO one of the following stipulations is envisaged. Please market. (185/16)
1) Appraising / recommending / sanctioning officials involved in Credit appraisals /
recommendation / sanction are required to incorporate their name and
designation while affixing their signatures / initials in process notes / review notes
/ sanctions .
2) Now the proposals are put before RLCAC , FGM CLCAC , CLCAC the above
system is to be followed unfailingly with seal and signature.
3) National Accounting concept ( Proposals coming under CO powers) shall be
directly sent by the branches to remark / recommendations within 7 days for
regular proposals and within 3days for other matters including proposals ment for
prior clearance.
4) The recommendations of the RM/FGM need not be routed through / put up to
RLCAC / FGMCLCAC .
411) Our bank has come out with special OTS for DA1 ,DA2 , DA3 and Loss Assets where
sanctioned limits or book balance is Rs. 5 lacs and below , borrower wise . One of the
following options is correct. (209/16)
1) Loans where primary and collateral security is land or it is a case of fraud or
malfeasance or wilful default is not eligible .
2) Loans backed by liquid securities like NSC , LIC and Staff and Ex-Staff loans are
not eligible .
3) All Agricultural loans are not eligible to be covered under this circular.
4) In case of DA1 , DA2 , DA3 and loss assets we have to collect at least 80% or 70%
or 50% or 40% of BB respectively.
412) CERSAI filing was initially made for registering immoveable property where title
deeds are deposited with us to avoid frauds. This is now enhanced to –(210/16)
1) For registering immoveable property where title deeds are not deposited ]
2) Hypothecation of plant and machinery , stock and debtors
3) On intangible assets like patent rights , trade marks , license , franchise etc.
4) On any under construction residential or commercial building or a part there of.
413) EMI loans moratorium period related changes are implemented in CBS system .
Now the one of the following changes are made to recognise IRAC norms . (213/16)
1) Moratorium period can be increased or decreased as per the requirement at
any time before end of moratorium period .
2) Handling of interest arrears during the moratorium period as per IRAC norms
for NPA auto movement in respect of a/c s where interest is to be served during
moratorium.
3) The above changes are not applicable for staff funded interest loans product.
4) Enabling Servicing / non servicing of interest during the moratorium period as
per sanction terms is now possible with the choice at the time of loan a/c opening
and with facility to modify the same subsequently.
5) All the above.
414) Deviations are permitted in certain credit matters . The reporting and monitoring
modalities are modified in one of the following correct context . Please mark right
choice. (218/16)
1) In case of existing borrowers sanctioning authority can consider renewal of
existing limits even where the rating is below the hurdle rate.
2) However where the rating is below the hurdle rate , the proposals for
enhancement in limits / or sanction of new facility to the existing borrowers shall
be recommended to the next higher authority for prior clearance excepting the
case of CAC Tier I , II and III at CO
3) In respect of sanctions coming under powers of CAC at CO , respective
committees shall permit such deviations.
4) In respect of proposals coming under powers of RLCAC I , prior clearance shall
be obtained from CAC Tier III at CO.
415) Like other loan portfolios MSME loans are also becoming NPLs on a faster rate. To
this effect our Bank come out with an action plan to arrest this. Which of the following
points of action is correct. (220/16)
1) FGMO/ROs should monitor the accounts and see that they are not slipped to
NPAs
2) Recovery measures like notices/visists to be complied regularly.
3) In genuine cases restructure/rephrase of the sticky NPL acs to be done
immediately.
4) For speedy resolution Synd adalat/Synd lok-adalats are to be effected on fast
basis.
416) Stand up lIndia and SMILE scheme are looking alike. The SMILE scheme has the
following unique features. Mark the correct choice. (222/16)
1) It is a scheme operated through SIDBI
2) It is for the investment projects in 25 identified sectors under the Make in India
project.
3) The support is in the nature of quasi equity and term loans on relatively soft
terms.
4) Through 1.25 lakh bank branches across the country the loans would be above
Rs 10 Lakhs and up to Rs 100 Lakhs specifically for SC/ST/Women entrepreneurs
setting up green field projects.
417)SFMS (Structured Financial Messaging System) is now compulsory while sending and
receiving LC/ BG, without which it becomes inoperative . In this context one of the
following options is correct. Mark it . (227/16)
1) If any official is found not using SFMS and there by the loss , if any shall be made
accountable on the such official .
2) To enable SFMS branches to collect details like name of the beneficiary , IFSC of
the beneficiary branch and address .
3) Branches to send the IFN 760 COV BG advise message to the advising bank for
making the paper LC/ BG operative.
4) GOI /DFS /MoF has a close observation mechanism to see 100% compliance of
SFMS in LC/BG portfolio.
418) Now large no. Of farmers have no access to power due to non availability of grid
connection and those farmers who have an access to grid , experience eratic and
intermittent power supply. As a result of which such farmers are forced to use expensive
and inefficient diesel pumps to meet their irrigation needs . In this context SPV system is
introduced with one of the following features. Mark the right choice.(240/16)
1) SPV or Solar Photo Voltaic pumping system for irrigation purpose under subsidy
is made available .
2) NABARD has informed that GOI wanted to continue this subsidy for the year
2016-17.
3) Our bank is the only bank in the country to relax security norms for financing
solar pump sets for irrigation purpose up to Rs. 5lacs without collateral security.
4) This is a farmer friendly initiative which is highly appreciated by MNRE , GOI
which also minimises energy crisis .
419) One of the following points is correct in case of IRAC –P norms. (243/16)
1) THL (Teaser Home Loans) provisioning is at 2% so long it is standard.
2) And if THL is standard beyond 1 year , the provisioning required is 0.40%
3) On the unsecured liability covered by CGTMSE / DICGCI /EXIMECGC / CRGF on
LIH , we need not calculate provisioning .
4) In case of Agricultural and MSME standard loans the arte of provisioning is
0.25%.
420) The revised frame work for revival and rehabilitation of MSMEs has the following
changes. Mark the correct one choice in the following. (249/16)
1) The revival and rehabilitation of MSME s having loan limits up to Rs 25 Crores
will be in terms of the operating instructions and IRAC P norms.
2) Restructuring of loan accounts with exposure of above Rs 25 Crores will
continue to be governed by the extant guidelines on CDR,JLF mechanism.
3) This revised frame work supersedes earlier guidelines on rehabilitation sick
Micro and small entps.
4) Banks should continue to report credit information and SMA accounts with cut
off exposure of Rs 5.00 Crores and above to the CRILC of RBI das as per extant
guidelines.
421) One of the following further modifications is also listed by RBI in case of revival and
rehabilitations of sick /NPL MSMEs . (249/16)
1) This frame work shall be applicable to loans up to Rs.25crores under consortium
or MBA (Multiple Banking Arrangement)
2) A/c s up to Rs. 10 lacs identified as SMA 2 should be mandatorily examined for
CAP ( Corrective Action Plan )
3) The incipient sickness/ stress is to be recognised before the a/c is becoming NPL
for taking CAP
4) During the period of operation of CAP the enterprise can avail both secured and
unsecured loans for its business operations.
5) All the above.
422) To avoid NPL level in case of revised frame work for revival and rehabilitation of
MSMEs , one of the following is only correct. (249/16)
1) The revival and rehabilitation of MSMEs having loan limits up to Rs. 25crores
will be in terms of operating instructions.
2) Restructuring of loans with exposure of above Rs. 25crores will continue to be
governed by the extant guidelines of CDR/ JLF mechanism.
3) It is informed that the prudential norms on IRAC-P , pertaining to advances will
continue to be in tune with RBI guidelines .
4) Banks should continue to report credit information and SMA status of all a/c s
with cut off exposure of Rs. 5crores and above to CRILC as per extant guidelines .
423) One of the following guidelines is made in case of contingent liability not
acknowledged as debt in civil suits / Writ petitions and consumer cases . (258/16)
1) The suits / WPs /WA /SLPs against bank by customers and outsiders and also
insiders will happen to crystallisation of liability / claim against the bank .
2) We have to inform RO on receiving such intimations for enabling them to pass
on the information to HO for arranging necessary defence.
3) Provisioning on adverse cases is required .
4) For amounts more than Rs. 8lacs HO:Law cell is the monitoring authority .
5) All the above.
424) Now credit facilities under Synd Saral and Synd Vahan are also given to our
probationary officers provided it satisfies one of the following conditions – (266/16)
1) The officer should have completed one year service.
2) In case of Synd Saral the maximum eligibility is Rs,.1 lac and in case of Synd
Vahan the maximum eligibility is 90% of on road price or 3 months gross salary or
Rs. 1lac whichever is less.
3) the ROI is MCLR + 0.5 in both the cases.
4) The cut back is 50% of gross salary in case pf Synd Saral and 60% in case of
Vahan
425) Synd Vasuli Abhiyan 1617 is planned to encourage NPA recovery and give incentives
to the branches to this effect besides encouraging ROs also. One of the following
recovery / fall in NPL level is not eligible for count. (268/16)
1) After Audit/MOC figure of the branch
2) Transfer of NPLs to ARMB / Write off a/c s / OTS / ONS a/cs reduction
3) The incentive is for the common use of the branch which is to a maximum of Rs.
50000/- .
4) ARMBs also are eligible for recoveries truly effected.
426) Synd Vasuli Abhiyan 1617 is in force from 1.7.16 to 31.3.17. It has one of the
following benefits . (268/16)
1) For branches where NPL level on 31.3.16 is more than 31.3.17 , the incentive is
Rs. 20000/-
2) For adding Nil NPL for quarter 2 , 3 & 4 the incentive is Rs. 10000/- P.Q.
subjected to overall ceiling of Rs. 30000/-
3) A branch can draw a maximum incentive of Rs. 50000/-n in Synd Vasuli Abhiyan
1617.
4) ROs where at least 50% of the branches reaches the above targets listed for
branches is Rs.1lac. can be given.
5) All the above .
427) While calculating total dues one of the following changes is made before the a/c is
considered under OTS. (269/16)
1) While calculating total over dues use MCLR.
2) While calculating NPV of the assets we have to use MCLR.
3) While calculating DPI we have to use MCLR.
4) For selling charge property to adjust the same to NPL no need of taking RO
permission when the loan real balance is equal to or not more than Rs. 10lacs.
5) All the above.
428) Certain modifications are done in the portfolio – financing renewable energy
projects . One such features of the project given below is correct. Pl. Mark it. (272/16)
1) As per PSA definition renewable energy project up to Rs.15 crore and individual
loans up to Rs. 10 lacs are PSAs.
2) An exemption fro clearance for financing renewable energy projects from NBG
to corporate office up to a limit of Rs. 15 crore is granted.
3) RE projects beyond Rs. 15 crores come under NPSA group and requires
clearance from NBG.
4) Reduction in the ROI by 1% than old rates is proposed and accepted by our
Board . GO has an ambitious target of financing Rs. 2500 crores for generating
500MW power during the period 2015-19.
429) While making the appropriation of recovery amount by an MLI in respect of a credit
facility after the guarantee is invoked , one of the following changes is made. (275/16)
1) Unlike earlier , MLI has to pass the gross amount including ASF without netting
of any expenses upon receipt of recovery during post settlement .
2) Now the respective MLI will be shared with the due proportion by CGTMSE
office.
3) With a view to automate the process of receipt of recovery from MLI , effecting
one time settlement or closure of CGPAN online module is introduced.
4) In case of OTS / partial recovery , MLI can update the recovery information for
the respective claim reference no.
5) All the above.
430) Of late CGS of CGTMSE has further changed its policy guidelines and directed MLIs
accordingly after guarantee is invoked by the MLI . Mark the right choice. (275/16)
1) As done earlier we are not to part CGTMSE share after recovering our legal
expenses and we have to pass on the gross amount including ASF without netting
of any expenses upon receipt of any recovery after invoking.
2) CGTMSE works out the net loss and shares the recovery so passed on by the
MLI with the respective MLI in the given proportion.
3) With the view to automate the process of receipt of recovery from MLI
effecting OTS or closure of CGPAN it is decided to create an online Module.
4) MLIs will be allowed to lodge the application for the second/ final instalment of
claim provided other scheme guidelines with regard to release of second
instalment are complied with.
431) Capital Local Area Bank Ltd is changed to – (279/16)

1) Capital Small Finance Bank Ltd.
2) This was initiated by IBA
3) The effective date is 14th April 2016
4) Register of Companies and Ministry of Company Affairs have approved the
change
5) All the above.
432) While issuing stand-by LC/BG for GMLs ( Gold Metal Loans) branches are advised to
go through the compliance of one of the following guidelines given . Mark the right
choice . (284/16)
1) The facility shall be extended to Domestic jewel manufacturers who are
constituents of the bank for availing GML from Nationalised banks , after proper
credit appraisal.
2) Branches should carry out rigorous credit appraisal excercise and treat stand by
LC/BG limit at par with fund based limits .
3) the Foreign Trade policy envisages the exporter has flexibility to fix the price
and repay the GML within a maximum tenure of 270days.
4) GML can be given for a maximum period of 90 days for manufacture and 180
days credit period from the date of export.
433) A loan application forwarded by a joint stock company is to be done on – (301/16)

1) Our model application forms for respective loans
2) On the letter head of the such company
3) Application format designed by IBA
4) Application format designed by RBI
434) Sensitive sector finance includes finance to one of the following – (301/16)
1) Real Estate Sector
2) Capital Market Sector
3) Commodity Sector
4) All the above
5) There is no such concept like sensitive sector and we can finance to any sector
435) One of the following is right choice for our credit policy imperatives
1) Ensure credit expansion to productive sector with an emphasis on asset quality
2) Utilise the sanctioning powers judiciously by following credit norms , risk
management consideration and due diligence
3) Thrust on priority sector lending especially to agriculture , rural lending , lending
to infrastructure an mid corporate and MSMEs where fresh business opportunities
are emerging
4) Focus on lending to SHGs to ensure greater Financial Inclusion
5) All the above.
436) Based on bank’s experience in lending to diferrent sector and considering the
dynamics of economic growth , Govt. Directives , National Priorities , Socio – economic
obligations , loans to one of the following sector is Focus Sector – (301/16)
1) Agriculture and MSME
2) Housing and Mid corporate
3) Exports and education
4) Trade , Services and Infrastructure
5) All the above.
437) Coverage of agricultural activities is also now eligible under MUDRA . It has cetain
reservations . Mark the right choice. (302/16)
1) Under this scheme non-farm enterprises in manufacturing , trading and service
sector whose credit needs are below Rs.10 lacs are eligible.
2) The so financed activities must be for income generating units which are allied
to agriculture like Pisciculture , bee-keeping , live stock rearing ,
3) MUDRA loans under these categories can be extended on cluster basis besides
individual cases.
4) Services supporting these like Sheep , goat , pig and calf rearing are eligible but
not SKCC , crop loans .
438) The material risks faced y banks are broadly grouped under one of the following
categories – (302/16)
1) Credit risk
2) Market risk
3) Operational risk
4) Other risks
5) Option 1,2 ,3 are correct.
439) Expand VaR & EaR – (302/16)

1) Value at risk and Earnings at risk
2) Value of property and Ear marked property
3) Value added Risk and earnings added risk
4) Variable ratio and earnings ratio
5) These 2 are terms in financing infrastructure loans more particularly to
construction of roads in rural areas.
440) Under Basel II method risk component is measured in PD. This is the Probability that
a borrower of a particular rating grade defaults in his financial obligations over a
particular time horizon. PD here refers to – (302/16)
1) Possibility of default
2) Probability of default
3) Risk involved in giving loans against our PD deposits
4) Punctual Debtor
5) none of the above.
441) Go Digital campaign which was originally planned is relating to one of the following
fields . Mark the right choice. (303/16)
1) It is a programme to give PBS loans to all who apply online without any
discrimination .
2) It is a plan or programme under Stand up India loan programmes .
3) It is a plan or programme under Make in India loan programmes.
4) It is for improving the penetration of Mobile banking , Internet banking and E-
passbook services.
5) It is a pre – approved add on loan to all our housing loan borrowers who are
standard and regular by 3 years at least.
442) Supposing our London branch has a credit proposal . It is to be sanctioned by –

(303/16)
1) The Branch Head
2) The application is to be routed through T&IBD and appraised at Corporate
credit department by the Competent Authority.
3) GOI under the concerned Ministry
4) IBA
443)Under Lead Bank Scheme, DCC stands for (Cir. 306/2016)

1) District Core Committee
2) District Credit Committee
3) District Consultative Committee
4) Department of Core Credit
5) District Collectors Committee.
444)Where, Chairman of DCC is the District Collector, the Chairman of BLBC is …………..
(Cir. 306/2016)
1) Lead District Manager
2) Block Development Officer
3) Chairman Panchyat Samity
4) Gram Panchyat Pradhan
5) Additional District Collector.
445)State Level Bankers Committee (SLBC) is chaired by ………….. (Cir. 306/2016)

1) Development Commissioner.
2) Chief Secretary, Department of Agriculture & Rural Development.
3) Chairman & Managing Director (CMD) of the convenor bank/Executive Director
of the convenor bank and co-chaired by Additional Chief Secretary or
Development Commissioner of the State.
4) Principal Secretary, Panchyat & Rural Development.
5) Anyone of the above.
446)One of the following is not routine agenda of SLBC meetings. (Cir. 306/2016)
1) Assistance under Government sponsored schemes
2) Grant of educational loans
3) Progress under SHG - bank linkage
4) Discuss the problems faced by MSME sector
5) Consortium Advances.
447)One of the objectives of Lead Bank Scheme is to draw roadmap for opening brick
and mortar branches in villages with population more than ________without a bank
branch of a scheduled commercial bank. (Cir. 306/2016)
1) 10,000
2) 5,000
3) 2,000
4) 1,000
5) 500
448)Banks have been advised to achieve a credit deposit ratio of ____% in respect of
their rural and semi-urban branches separately on an all-India basis. (Cir. 306/2016)
1) 40%
2) 50%
3) 60%
4) 80%
5) At least 25%
449)For implementation of the recommendations of Expert Group on CD Ratio, the

district with CD ratio of less than ____% needs to be treated on a special footing. (Cir.
306/2016)
1) 10%
2) 20%
3) 30%
4) 40%
5) 50%
450)Obtaining No-due Certificate has been dispensed with for individual borrowers in
rural areas. Double financing may be avoided by the following methods. (Cir 306/2016)
1) Self declaration/ affidavit by the borrower.
2) Credit history checks through Credit Information Companies.
3) CERSAI Registration.
4) Information sharing among lenders.
5) Any of the above.
451) NULM Programme is renamed as renamed as DAY – NULM ( Deen Dayal Antodaya
Yojana – National Urban Livelihood Mission has come with the following modifications .
(313/16)
1) It is a restructured form of earlier SJSRY
2) No margin money should be taken for loans up to Rs. 50000/- and for loans
beyond Rs.50000/- up to Rs. 10lacs it should be 5% (In no case it can be more than
10%)
3) Bank may extend finance to individuals for capital expenditure in the form of
term loans and/ or WC / Cash Credit
4) A SHG or its members under DAY – NULM or a group of Urban Poor for self
employment can avail the benefit.
452) In the modifications made under CRGFS while extending loans to Low income
Group people for construction of houses , one of the following is correct option. (314/16)
1) HLs to EWS and LIG people can be given up to Rs. 8lacs.
2) The carpet area can be up to 430 sq ft. Or 40sq mtrs.
3) Sanctions made on or after 24.6.12 are eligible under CRGFS .
4) The a/cs are to be opened under product code 793 exclusively for this purpose
to avail guarantee cover.
453) While scrutinising PMLY loan a/cs RBI has observed the following deficiencies and
requested banks to adhere to the guidelines given in the policy. Mark the right choice.
(319/16)
1) Branches are to issue acknowledgement of application without fail
2) Only printed applications as per our MUDRA URL are to be used.
3) Collection of license of shops to be placed on record , if available.
4) Collection of statement of a/c within an undertaking that the borrower has no
loan with any other bank besides strict KYC compliances
5) All the above.
454) Waiver of notional / un debited interest only in respect of OTS /ONS and cases
referred to Lok Adalats organized by DRT/DARTs by Scale 1 , 2 and 3 officers is up to Rs. –
(327/16)
1) 5000 , 10000 and 25000 respectively
2) 10000 , 15000 and 30000 respectively
3) No waiver is permitted only write off is permitted to the limits mentioned in
option 1 above
4) No waiver is permitted only write off is permitted to the limits mentioned in
option 2 above
5) It is only RO to sanction OTS. Branch Managers has only powers to recommend
it and send to RO.
455) When an Officer attends Court Duty within head quarter and unable to come to
office before lunch hours , wef 1.8.16 he is eligible to an amount of out of pocket
expenses of Rs. – (336/16)
1) 100
2) 50% of Halting Allowance
3) 25% of Halting Allowance
4) 500 per occasion /day
5) 100 per case .
456) Preservation and destruction of records is of utmost importance from the angle of
both maintaining and availability in different disputes and cases like RTI, evidence etc.
In the context of CBS environment many registers mentioned in the different circulars
our bank has issued have no relevance. One of the following choices is only correct.
Please mark the right choice. (338/16)
1) All information, data, records, whether paper or electronic, relating to the
payment system application (physical cheques including the images of cheques under
CTS shall be preserved for 10 years as per RBI letter.
2) Records relating to –any pending litigation before any forum , any internal
enquiry by inspection department IRD, vigilance etc , any investigation by CBI, ED, IT dept
etc, investigation under FERA?FEMA, PMLA etc are to be preserved irrespective of the
periodicity of preservation and can be eliminated only after investigation /litigation is
completed and only after obtaining prior permission from RO concerned.
3)Any write off of loan account in which fraud has been detected, or investigation
is in progress and staff accountability is ascribed, in such cases prior permission be
obtained from the competent authority for elimination of records irrespective of the
period since they are maintained.
4)Write off of accounts of DICGCI are to be preserved for a period not less than 5
years from the date of close of the account of current calendar year.
457)Loans to distressed farmers indebted to non-institutional lenders to be classified

under the following. (Cir. 347/2016)
1) Non-priority Sector.
2) Non-farm Sector.
3) Farm Sector.
4) Ancillary Credit.
5) Agriculture Infrastructure.
458)Loans to Food and Agro-processing Industry up to a limit of Rs.100 Crore per

borrower from banking system to be classified under the following. (Cir. 347/2016)
1) MSME Sector.
2) Non-farm Sector.
3) Farm Sector.
4) Ancillary Activities
459)Within the 18 percent target for agriculture, a target of _____ percent of ANBC or
Credit Equivalent Amount of Off- Balance Sheet Exposure, whichever is higher is
prescribed for Small and Marginal Farmers. (Cir. 347/2016)
1) 4%
2) 6%
3) 8%
4) 9%
5) 10%
460)Loans to farmers up to 50 lakh agricultural produce (including warehouse
receipts) for a period not exceeding ___ months to be classified under Farm Credit.
(Cir. 347/2016)
1) 6 Months
2) 9 Months
3) 12 Months
4) 24 Months
5) 36 Months
461)Loans to Small and Marginal Farmers for purchase of Land for the purpose of
Agriculture shall be classified under the following. (Cir. 347/2016)
1) Non-priority Sector.
2) Non-farm Sector.
3) Farm Sector.
4) Ancillary Credit.
462)Medium and long-term loans to farmers for agriculture and allied activities (e.g.
purchase of agricultural implements and machinery, loans for irrigation and other
developmental activities undertaken in the farm, and developmental loans for allied
activities.) are to be classified under the following. (Cir. 347/2016)
1) Non-farm Sector.
2) Ancillary Activities.
3) Indirect Agriculture.
4) Farm Credit.
463)Loans for setting up of Agri-clinics and Agribusiness Centres (ACABC) are to be

classified under the following.. (Cir. 347/2016)
1) MSME Sector
3) Farm Credit
464)Loans up to 5 crore to co-operative societies of farmers for disposing of the

produce of members are to be classified under the following.. (Cir. 347/2016)
1) MSME Sector
3) Farm Credit
465)Loans for soil conservation and wasteland development are to be classified under
the following.. (Cir. 347/2016)
1) MSME Sector
3) Farm Credit
5) Agriculture Infrastructure
466)NCML stands for (Cir 351/2016)

1) National Credit Monitoring Services Ltd.
2) National Crop Marketing Services Ltd.
3) National Collateral Management Services Ltd.
4) National Council for Monsoon Locator.
5) National Commission for Mobilization of Land.
467) NBHC stands for (Cir 351/2016)

1) National Bulk Holding Corporation Ltd..
2) National Bank for Horticulture Cultivation.
3) National Bond Holding Corporation.
4) National Bank of Housing Corporation..
468)Which statement is correct about NCML? (Cir 351/2016)

1) NCML provides warehousing services.
2) NCML provides supply chain management solution.
3) NCML provides testing and certification.
4) NCML is present in 23 states and Union Territories..
469)Eligible condition for pledge/ Produce marketing loan is….. (Cir 351/2016)
1) Warehouse receipt issued by M/s NCML.
2) Produce should be from borrower’s own farm.
3) To those who have availed crop loan..
4) Within the service area only.
470)Pledge loan may be sanctioned to farmers who store their produce with the
warehouse, (Cir 351/2016)
1) Owned by M/s NCML.
2) Managed by M/s NCML.
3) Owned by borrower and NCML providing field warehousing services..
471)Before sanctioning the Produce/ pledge loan to farmers against WR, the branch
shall send a letter to NCML in the following format prescribed in Cir 351/2016 for
verification of WR, issuance of QC and marking lien in favor of the bank. (Cir
351/2016)
1) Annexure – I.
2) Annexure – II.
3) Annexure – III.
4) Annexure – IV.
5) Annexure – V.
472)In case of Produce/ pledge loan to farmers against Commodity Inward Slip (CIS), the
branch shall send a letter to NCML in the following format prescribed in Cir 351/2016
for verification of WR, issuance of QC and marking lien in favor of the bank.
1) Annexure – I.
2) Annexure – II.
4) Annexure – IV.
5) Annexure – V.
473)After sanctioning the Produce/ pledge loan the branch should confirm its sanction
by communicating to NCML in the following format prescribed in Cir 351/2016.
1) Annexure – I.
2) Annexure – II.
4) Annexure – IV.
5) Annexure – V.
474)In case bank decides not to disburse a Produce/ pledge loan , it should return the
WR to the borrower with a request to cancel the lien/pledge in the following format
prescribed in Cir 351/2016 .
1) Annexure – I.
2) Annexure – II.
4) Annexure – IV.
5) Annexure – V.
475)After full repayment/liquidation of the Produce/ pledge loan the branch shall
send a letter to NCML to remove Bank’s lien on WR in the following format prescribed
in Cir 351/2016.
1) Annexure – I.
2) Annexure – II.
4) Annexure – IV.
5) Annexure – V.
476)In case of Produce/pledge loan under Tie-up arrangement with NCML, the liability
of M/s NCML is limited to ….. ( Cir 351/2016).
1) Loss or damage on account of negligence of its employees.
2) Fire, flood and other natural calamities.
3) Burglary.
5) No liability of NCML and the security is to be covered by Insurance.
477) Special OTS scheme for NPLs in DA3 ( 3 different periods) and Loss assets where
book balance is Rs. 5lacs and less has one of the following unique features . (356/16)
1) It is a normal OTS policy circular .
2) Here OTS is made for only self help groups
3) It is a unique circular where branch functionaries are also permitted for some
time to give a concession on full amount of unrealised interest and also principal
balance to a major extent .
4) It is a unique circular applicable only in case of OTS to Govt. Sponsored
schemes.
478) Normally branch functionaries up to scale 3 are not permitted to give principal
write off even for a small amount but of late a scheme is introduced to read out DA3 s of
3 different periods by giving full interest waiver and principal write off up to Rs.5 lacs .
(Book balance) in the case of the following functionaries. (356/16)
1) Scale 1 Branch Head
4) All the above
479) In case of DA3s and loss assets a sweeping concessions are given in the latest OTS
programme . The dates as on which the a/c has become NPL are given . Mark the right
alternative . DA3s after 1.7.11 , DA3s in between 1.7.09 to 30.6.11 and DA3s prior to
30.6.09 are the 3 categories of DA3 and loss assets as on 30.6.16 is the other eligible
category. Now the following amount at least can be collected of book balance. (356/16)
1) Collect 60% , 70% ,75% and 75% respectively
2) Collect 40% , 30% , 25% and 25% respectively
3) Collect 25% , 25% , 30% and 40% respectively
4) All at least 40% respectively.
5) All at least 25% respectively.
480) The above sweeping powers on OTS are valid up to – for collection and up to – for
doing OTS. (DA3 and loss assets up to a real balance of Rs.5lacs and less) . (356/16and
509/16)
1) 31.12.16 and 28.2.17
2) 31.3.2017 and 31.5.17 as per cir 509/16
3) 28.2.17 and 28.2.17
4) 31.12.16 and 31.12.16
5) The above circular is valid till further instructions as in the case of any other
special OTS circular.
481) Our bank has introduced cut back arrangement NPOD . This scheme envisages an
amount of deposit in NPOD a/c he can take back. Though the status/ classification of the
a/c remains NPA . This is a fantastic scheme aimimg at one of the following options.
(357/16)
1) The borrower is supposed to retain at least 5% to 10% or more money which he
deposits in NPOD and draw the remaining amount.
2) This way we can retain our customer for this loan and also for other loans which
become NPL
3) Gradually the depositor can bring down the over due portion and a/cs become
regular.
4) Initially a period of 12months is given for this cut back arrangement , however
on case to case basis a cushion beyond the above 12months is also permitted.
482) Provisioning on NPAs is done at branch level but provisioning of SA is done at

Corporate Office level. In case of restructured loans provisioning the following is correct.
(363/16)
1) Provisioning is done at 0.25% on the real balance outstanding.
483) National Safai Karmachari’s Finance and Development Corporation (NSKFDC) has
come out with a loan schemes which are for eligible targeted group with refinance
facility and interest subsidy at concessional rate for the loans given by banks. One of the
following is such loan scheme . (369/16)
1) General term loan , Education loan
2) Mahila Adhikrita Yojana , Mahila Samriddhi Yojana
3) Micro Credit Finance , Green business scheme
4) Swachhata Udyami Yojana , Sanitary Mart scheme
5) All the above are the schemes coming under NSKFDC
484) Especially during the campaign period we have given many vehicle loans and also it
is observed that more frauds were perpetratated on us in this portfolio. Our bank has
given one of the following precautions, where branches are instructed to comply the
same . Pl. Mark the right choice. (380/16)
1) Vehicle details like registration no. , chesis no. , engine no. Are to be entered in
FP BAM74 invariably to know the latest position of the vehicle financed by us.
2) Ministry of Roads and Transportation has given a phone No. 77382-99899 which
gives a flash SMS about hypothecation details , Name of the owner etc. for the use
of banks once the vehicle details are filled.
3) This enables branches to know our position from the unscrupulous borrowers .
5) There is no such utility provided by the Ministry.
485) Weaver’s MUDRA Scheme is also coming under PMAY .This is a pilot project
successfully implemented in Bhubneshwar and Varanasi Regions. On its success it is
desired to implement it at National level . One of the following feature is correct. Mark
it. (381/16)
1) Ministry of Textiles will provide financial assistance for margin money , interest
subsidy and credit guarantee fee for the loans sanctioned under this scheme.
2) The loan will be sanctioned as a composite loan covering working capital and
term loan where in the maximum limit for cotton unit is Rs. 50000/- and for silk
units it is Rs. 100000/-
3) A maximum margin money for loan amount up to Rs. 1 lac is Rs. 10000/- and it
will be paid by Ministry of Textiles and rest if required is to be borne by the
beneficiaries / borrower.
4) Loans are provided at an interest rate of 6% and the additional interest if any is
borne by MoT. The subsidy on interest and guarantee coverage is eligible for a
period of 3 years from the date of first disbursal.
486) 20th meeting of Standing Advisory Committee on flow of Industrial Credit to MSME
sector is held at RBI Mumbai. This was headed by Chairman – (388/16)
1) Sri Urjit R Patel
2) Sri S S Mundra
3) Sri R Gandhi
4) Sri Raghuram G Rajan
5) No such committee was constituted at all.
487) CGTMSE has issued further guidelines with regard to introduction of new module
for modifying borrower details and tenure. In this connection our bank has come out
with one of the following modifications. Kindly mark the right choice. (398/16)
1) It has been now decided to create an online module in CGTMSE portal whereby
MLIs can modify the borrower details and tenure of credit facilities covered under
CGTMSE.
2) The same checker ID password obtained for NPA up gradation shall be used for
approving borrower details/ tenure modifications.
3) The MLI who have not yet obtained the checker id and pass word , they can
refer CGTMSE as per the procedure given in our BC circular 94/16
4)The module for updation cannot be used for already approved guarantee
amount for shich existing practive will continue.
488) CEGSSC Credit Enhancement Guarantee Scheme for Schedule Caste enterprenuers
is a fine scheme to boost the credit in the specified sector and to help this neglected
sector. One of the following is correct choice. (399/16)
1) The scheme was initiated by Ministry of Socical Juastice and Empowerment by
GOI and IFCI is the nodal agency.
2) To popularise the scheme now partnership firms and sole-proprietorship firms
are also made eligible besides individuals as herherto.
3) Now BRs and ROs to popularise the scheme for enhancement.
4) roS TO MAINTAIN CLOSE LAISON WITH Govt departments engaged in
development of SC enterprises such as DIC, SC/ST Dev. Crorporations, MSME Dev
Centres, State industrial corporations which allot sites to SC entriprises and mobilize
viable proposals to cover under the guarantee scheme.
5) All the above arfe correct.
489) Framework for revival and rehabilitation of MSME units is modified by RBI which
has one of the following features . Mark it .(400/16)
1) Formation of a committee at RO level to make speedy revival mechanism
2) All SMA 2 A/c s above Rs. 10 lacs to Rs. 245 Crores should be referred to such
committee for CAP
3) The account can be referred under CAP either by consortium member or
borrower for revival
4) A/c s with aggregate loan limits up to Rs. 10 lacs identified as SMA 2 by the
branch level itself before referring to CAP.
490) Revival and rehabilitation of MSME a/c s both improves the economy as well
reduces the NPL level .One of the following changes is made for simpler and faster
mechanism in this respect. (400/16)
1) Among other things formation of committee at RO level where all SMA 2 a/cs
above Rs. 10 lacs and up to Rs. 25 crores are referred for CAP
2) A/c with aggregate loans limit up to Rs. 10lacs are to be done at the branch
level
3) Under consortium or multiple banking arrangement (MBA) , the consortium l
eader has to refer the case to its committee
4) Confirmation of compliance of the guidelines is to be sent by RO to CO
491)“Per drop, more crop” is the slogan associated with ………… (Cir 401/2016)
1) Project Annanya.
2) Punjab Irrigation Ministry.
3) Double the income of farmers.
4) Gujrat Irrigation Project.
492)Which of the following is not part of the Govt. strategy in doubling the income of
farmers? (Cir 401/2016)
1) Focus on irrigation with the aim of “per drop, more crop”.
2) Quality seeds and nutrients based on soil health.
3) Prevent post harvest crop loss with investment in warehouse and cold chain.
4) Promotion of value addition through food processing.
493)Creation of national farm market and develop infrastructure such as E-platform

across 585 stations is a strategy towards_____. (Cir 401/2016)
1) Doubling Agriculture credit in 3 years.
2) Doubling Agriculture produce in 5 years.
3) Doubling farmers income by 2022.
4) Doubling crop price by 2020.
494)Which of the following is not part of the Govt. strategy to achieve double farmers
income by 2022? (Cir 401/2016)
1) Strengthening of crop insurance at affordable cost.
2) Promotion of Poultry.
3) Promotion of Fisheries activities.
4) Promotion of Bee-keeping.
495)In SLBC, DCC, DLRC and BLBC meetings, one of the following shall be regular agenda
under Lead Bank Scheme. (Cir 401/2016)
1) Doubling Farmers Income by 2022.
2) Doubling Agriculture Credit in 3 years.
3) PMEGP Recovery status.
4) Crop Loan defaulters list.
496)For preparation of Potential Linked Plans (PLP) towards the objective of doubling
farmers income by 2022 branches have been advised to work closely with… (Cir
401/2016)
1) Lead Bank.
2) DCC.
3) NABARD.
4) District Agriculture Department.
5) RO:PSCRDC
497)The GOI in the Union Budget 2016-17 had announced its resolve to double the
income of farmers by _______ (Cir 401/2016)
1) 2018.
2) 2020.
3) 2022.
4) 2025.
5) 2030.
498) As per Sachar committee recommendations atleast 15% of our credit given to PSA
sector should go to minority communities. In this connection one of the following
choices is correct. (405/16)
1) Reporting is to be done once in 6months
2) Sikhs , Muslims , Christians , Zoroastrians , Buddhists and Jains are minority
communities.
3) National Minority Development Corporation (NMDC) has recognised a project
cost includes Bank 60% , NMFDC 25% ,State Agency 10% and Party 5%.
4) Prime Minister’s 15point programme also envisages schemes for welfare of
minorities.
499) Our bank’s policy on compensation to customers is revised in tune with RBI
directions. It has made stringent view on lapses created there by causing loss to
customers. One of the following choices is correct and mark it . (406/16)
1) Unauthorised / erroneous debit is to be compensated at 10% of such loss to a
maximum of Rs. 1lac within 7days.
2) In case of fraud and acts without reasonable care the concerned official is
responsible to make the loss good.
3) Payment of cheques after receiving stop payment instructions is to be reversed
within 2 days in full.
4) Where neither the bank nor the customer is at fault , and the fraud is due to
scheming/ hacking / phishing etc bank shall compensate the customer as the
bank’s reputation shall be at stake.
500) Life Insurance Cover is made available to our bank Housing loan borrowers. We can
offer LIC products like LIC – Anmol Jeevan II and LIC – Amulya Jeevan –II to the
borrowers. We have a tie –up with one of the following options / companies to have
free Life insurance cover to our HL borrowers. (407/16)
1) LIC of India
2) Tata AIA Group – Term Life Plan.
3) HDFC Standard Life Insurance Co ltd.
4) PNB Metlife Insurance
5) Birla Sun Life Insurance Co. Ltd.
501) Synd connect is a scheme which is more attractive after making certain change.
Mark the right choice. (408/16)
1) Only DL can be given ( not OD)
2) The maximum coverage is 15 months gross salary or Rs. 20lacs whichever is less
3) The revised age criteria of the borrower should be less than 50years
4) Relaxations can be permitted by RLCAC 1 headed by AGM/DGM
502) For purchasing 2nd hand 4w age wise eligibility / margin of the vehicle proposed is
envisaged wef 19.10.16. Now a maximum of Rs. - /- can be given for purchase of 2nd
hand 4w. (409/16)
1) 20lacs
2) 5lacs
3) 30lacs
4) 40lacs
5) NO ceiling on amount of loan. It is only depending on a given percentage of
valuation with a matrix of age of the car , but not more than 5years old.
503) Under revised guidelines of Synd Senior loans scheme when a person is more than
70 years of age the quantum of loan is 5times the monthly income/ pension subjected
to a ceiling of Rs. -/- 9(410/16)
1) 2lacs
2) 5lacs
3) 10lacs
4) Not eligible for loan
5) No quantum ceiling.
504) Ministry of MSME GOI has communicated revised guidelines on PMEGP loans in
order to streamline the process of application flow and fund flow as well to have
transparency . among the following only one is a correct choice , pl. Mark it. (419/16)
1) the implementing agencies are namely KVIC , autonomous institutions , Udyami
Mitras .
2) It is a Central sector Scheme to be administered by Ministry of MSME GOI.
3) The applicant should have passed minimum 8th standard .
4) Existing PMRY / REGP , who have already availed subsidy , both Central Govt .
and State Govt. Sponsored are not eligible.
505) Recently RBI has conducted a study on the failure of PMMY loans . One of the
following points in such study is correct. By implementing this we can also bring down
NPLs in this sector.(422/16)
1) This study was conducted in 240 branches of 13 PSUs .
2) This study also aims to asceting the level of NPAs , reasons there of and
wheather rehabilitation / restructure was provided before initiating recovery
steps.
3) The study revealed laxity in post disbursal / monitoring .
4) The study also reflected the instances of non-adherence by the banks on
collateral free loans system.
5) All the above.
506) A comperehensive study on loans sanctioned under PMMY – MUDRA is conducted

by RBI. They have observed certain deficiency in the failure of loans due to non following
of certain guidelines. Mark the correct deficiency. (422/16)
1) The study revealed laxity in post disbursal of loans
2) Corrective steps without loss of time is not initiated on stressed loans
3) Due diligence is compromised and post disbursement follow up is not done
meticulously
4) Robust procedure for implementation of PMMY is not taken seriously
5) All the above.
507) Staff credit card limits are revised to a great extent. The following is the correct
limit for sub staff , clerical and Officer scale 1 are the revised limits . Mark the right
choice. (425/16)
1) Rs.50000/- , Rs.50000/- and Rs. 1lac
2) Rs. 50000/- , Rs. 1lac and Rs.1.50lac
3) Rs. 1.50lac for all above
4) Rs. 1.50lac , Rs. 2 lac and Rs. 3lac
5) Rs. 1lac , Rs. 1.50lac , and Rs. 2lacs.
508) Synd delight is top up loan to existing HL customers who have demonstrated
satisfactory regular track record of 3 yrs or more , to meet any genuine credit
requirements. In this connection one of the following medications is done – (426/16)
1) Subjected to 20% of HL limit . Minimum amount of loan can be 0.50lacs and
maximum is up to Rs.20lacs
2) UP to Rs.3lacs all branches can sanction
3) Beyond Rs.3lacs Branch / CPC / RO can sanction according to their sanctioning
powers.
4) The above rules are applicable also to staff members
5) All the above.
509) NRO a/cs under joint holding with residents has come with a change as per RBI
directions . Mark the right choice. (431/16)
1) NRO a/cs shall be maintained with Former or Survivor clause only.
2) The existing a/c s with E/S clause are not to be allowed for operations and fresh
mandate is to be taken for F/S clause.
3) FEDAI has asked some time to inform the existing clientele. And therefore 1
month notice period is to be given in this respect.
4) This is applicable to all joint a/cs in SB/ TD /Current A/c and RDs
510) Our bank has recently introduced ‘Geo tagging of Mobile Application’ . It relates to
one of the following correct choices. (440/16)
1) It is for the exclusive use of staff.
2) It enables to capture the photograph of the security , Geo coordinates of l
location
3) Linkage of the photography to CBS system with view
4) Delinking of the Geo tag at a later date to have a better control on loan
portfolio and is IMEI enabled.
511) Scheme for financing Harvesting & Transporting Contractor under Tie-up
arrangement, maximum loan amount reduced to _____ ? (Cir 448/2016)
1) Rs.10.00 Lakh.
2) Rs. 20.00 Lakh
3) Rs. 5.00 Lakh.
4) Rs. 2.00 Lakh.
5) The scheme discontinued in 2016
512)Scheme for financing Harvesting & Transporting Contractor under Tie-up

arrangement, which one of the following is not mandatory ? (Cir 448/2016)
1) Corporate guarantee of the Sugar Factory.
2) Tripartite agreement between Contractor, Bank and Sugar factory.
3) Charge on the assets of the sugar factory through ROC.
4) Confirmation that the Factory is not in arrears to its Bankers.
5) Factory should be listed in stock exchange.
513)Sanctioning Power of Scale-I Branch Head in the Scheme for financing Harvesting &
Transporting Contractor under Tie-up arrangement, is_____ (Cir 448/2016)
1) Rs.1.00 Lakh.
2) Rs. 2.00 Lakh.
3) Rs. 3.00 Lakh.
4) Rs. 4.00 Lakh.
5) Rs. 5.00 Lakh.
514) In order to increase loan portfolio under Synd Saral Scheme (Non Salaried Class )
Revised sanctioning powers are given to Sacle III ,IV and V branch heads . the earlier
powers were respectively Rs.2.5lacs ,Rs. 3.5lacs and Rs. 5lacs. Now the revised powers
are Rs. - , - and – lacs respectively. Pl. mark the right choice. (461/16)
1) It is not revised and therefore the earlier powers continues.
2) 3.5 , 5 and 10.
3) 5 , 10 and 15.
4) 3.5 , 5 and 5.
5) 5 , 7.5 and 10.
515) With the demonetisation of SBNs there was a cash crunch in the hands of public in
order to provide relief and more time to small borrowers to repay their loan due RBI has
allowed certain relaxations in prudential norms on IRAC-P. Mark the correct answer.
(487/16)
1) RBI has provided an additional 60 days beyond the applicable delinquency
period for recognition of a loan a/c as SSA
2) Running WC a/cs (OD/CC/Crop loans) , the sanctioned limits were of Rs. 1 crore
or less.
3) Term loans whether business or personal , secured or otherwise the original
sanctioned amount were of is Rs. 1 crore or less on the books of the bank
4) This shall include HLs and Agricultural loans
516) In the recent modifications to the rehabilitation policy of MSME loans the following
is done in case of Inter Creditor Agreement/Debtor Agreement . Mark the right choice.
(492/16)
1) 2 formats are devised
3) 4formats are devised
517) Modifications are made in the Project approval cell guidelines. One of the
following choices is correct. Pl mark it. (493/16)
1) Where our Bank’s exposure is up to Rs 100 Crores and where the project is
already appraised by outside agencies the SA shall carry out an indepent and
objective credit appraisal .
2) Where our exposure is more than Rs 100 Crores respective functional
department at CO to decide for any vetting of the proposal by PAC at COTEV study
and bifurcation is made on the basis of customer industry and specifir projedct for
obtaining TEV report.
3) Irrespective of green field projects/new projects TEV study shall be conducted
for projects with total debt component of more than Rs 10 Crores and project cost
of Rs 15 Crores and above, where activity of the project falls under infrastructure ,
as per RBI guidelines
4) In respect of Brown field/expansion projects which are new borrowers/group
to the bank the guidelines as prescribed by RBI are to be followed.
518) A revamped categorisation of Branches is done suiting the present day

requirement . As per this w.e.f 28/11/16 ( Business figures as on 31st March of a year,
Excluding Bulk deps and Bulk advances) . one of the following choices is correct.
(499/16)
1) Scale I can head a Branch with a business of Rs 8 Crores . Except in Urban and
Metro Branches. Which is also known as a small Brnach.
2) Scale II can head a Branch with a business of more than 8 Crores and up to Rs
50 Crores Which is also known as medium branch.
3) Scale III can head a Branch having a business of more than Rs 50 Crores and up
to Rs 125 Crores, Which is known as large branch
4) Scale IV can head a branch of business more than Rs 125 Crores and up to Rs
400 Crores known as VLB (very large Banch). Scale V can head a branch having a
business of more than Rs 400 Crores known as ELB (exceptionally large Brnahc)
519) Now our Gold loan policy is having a scale of finance depending on two factors
whether it is on Non-EMI or EMI Option to repay. Accordingly the LTV ratio is also to be
maintained. Which option is correct. (501/16)
1) In both the above cases the scale of finance is Rs 1828 Per gram at 66% LTV
ratio
2) It is Rs 1892 per gram and to maintain 66% of LTV ratio for non-EMI loans and
Rs 1922 per gram and to maintain 70% LTV ratio for EMI loans
3) Market value is the factor as on date of giving the loan and no such ratios are
need to followed only it is per gram Rs 1828 as on date.
4) When the borrower undertakes to repay the loan within 6 months of taking the
loan we can finance up to 90% of the market value undoubtedly.
Now this question stands revised/modified as per question no.555 vide cir no.
6/17.
520) In the subject of PCE (Partial Credit Enhancement) one of the following
modifications have been done . Mark the right choice. (502/16)
1) The aggregate exposure limit from the banking system has been increased to
50% of the bond issue size , with a limit up to 20% of the bond issue size for an
individual bank.
2) As the purpose of PCE by banks is to enable wide investor participation in the
Corporate bond market , banks are expected not to invest in Corporate Bonds
3) Claims on Corporate , AFCs and NBFC-IFCs having aggregate exposure from
banking system of more than Rs.100crores , which were rated earlier and
subsequently have become unrated will attract a risk rate of 150% with
immediate effect.
4) Monthly reporting format of the above transaction is introduced from FY 17-18
onwards.
521) Provisioning norms in respect of fraud loans have undergone a change. Which of
the following choice is correct. (504/16)
1) Bank should normally provide the entire amount due to the bank , including
deposit a/c, immediately upon is fraud is being detected.
2) As per BASEL III Capital Regulations while computing provisioning requirements
in fraud cases bank may adjust Financial Collateral available.
3) To smoothen the effect of such provisioning on quarterly basis to PL a/c bank
has the option to make the provisions over a period not exceeding 4 quarters
commencing from the quarter in which the fraud has been detected.
4) Banks shall make suitable disclosures with regard to number of frauds reported,
amount involved and quantum of provisions made .
5) All the above.
522) A common a/c opening form is being introduced to Resident a/c , Non resident A/c
for individuals and Sole proprietors is introduced with one of the following objectives .
(507/16)
1) Reporting system to RBI , Such as FATCA/CRS etc. Can be done.
2) The new format is designed by M/s Boston Consulting Group as per the
requirements of RBI
3) Branches are to use this new format while opening CASA and TDS a/cs
4) Our bank has set up NPC at Manipal for enabling faster opening of a/cs and the
new format is annexed to the Circular
5) All the above.
523) Recently our bank has come out with a circular on reducing DA3 and Loss assets
under OTS. In this connection sweeping powers are given to scale 1 , scale 2 and scale 3
branch heads . The circular was initially valid up to 31.12.16 for OTS purpose and 28.2.17
for closing the a/c. It is now changed in one of the options. Mark the right choice.
(509/16)
1) No change is effected because still there is time.
2) The respective dates are to be read as 31.3.17 and 31.5.17 without changing
other terms and conditions.
3) The circular now is also applicable to DA1 and DA 2 assets besides DA 3 and loss
assets.
4) It also covers assets which belong to SSA category
524) The Organisational structure for monitoring stressed assets is CMRD , SMA cell at
CO , FGMO and RO respectively . CMRD here refers to – (510/16)
1) Credit Monitoring and Review Dept at RBI
2) Credit Monitoring and review dept at CO
3) Credit Monitoring and Rural Development
4) It is a section of large size MSMEs which are coming under Project appraisal cell.
525) One of the following is monitoring tools of credit at branch level. (510/16)
1) Unit visit reports
2) MMRs
3) Monthly/Quarterly/Yearly/Concurrent audit , Credit Audit RBI audit ,Statutory
audit , RBI inspection , Stock Audit and Legal Audit etc.
4) External / Internal Credit rating
5) All the above.
526) Now it is revised that to classify a borrower as a non co operative borrower , a
committee has to recommend and another review committee has to take decision . The
review committee now constitutes 3 members including our MD / CEO Sri Arun
Srivastava , the other 2 members are – (516/16)
1) Sri G Ramesh , Director
2) Sri Sunil Vashist , Director
3) Sri Manjerekar , Officers Director
4) Options 1 & 2 are correct
5) Options 2 & 3 are correct.
527) PMGKD (Pradhan Mantri Garib Kalyan Deposit Scheme is aimed at using the
unaccounted and black money for the benefit of poor people . Under this scheme one of
the following features is correct – (518/16)
1) One has to deposit not less than 25% of undisclosed amount
2) The scheme is open from 17.12.16 to 31.3.17
3) Bankers are collection agents under Bond Ledger account and not eligible to any
agency commission.
4) Banks can give acknowledgement in prescribed format and keep the
transactions confidential . The lock in period of deposit is 4 years at no interest
there on.
528) Now a days ROI on Deposit is matrixed with tenor of deposit and amount of
deposit. This is for Domestic /NRO and NRE deposits . In this connection one of the
following option is correct. (519/16)
1) Employees and Ex-employees are not eligible to make NRO deposits
2) An ex employee who is also a senior citizen can avail 1.00%+ 0.50% on the
deposits he makes provided he is a Resident Indian senior citizen.
3) Acceptance of deposits of Rs. 5 crore and above is at the discretion of bank ,
both for accepting and renewing.
4) The branches are supposed to take CO P&D permission through their respective
ROs
529) As per the directions of RBI all banks are required to migrate to NACH platform
(National Automatic Clearing house) Legacy . Our bank has purchased an application to
this respect from – (520/16)
1) Boston Services Pvt. Ltd.
2) NACH private Ltd.
3) Adroit Corporate services Pvt. Ltd.
4) Briks Pvt. Ltd.
530) PMGKY (Pradhan Mantri Garib KalyanYojana ) 2016 has one of the following
features to pay tax. (521/16)
1) Individuals and Entities are supposed to pay tax and surcharge along with
penalty before filing declaration under PMGKYS 2016
2) The tax portion is to be credited to minor head 112 and penalty portion under
major head 0028 by using challan no 287
3) The tax can be collected only by the designated branches
4) The payment of tax can be done in either of the two modes namely electronic
mode and physical mode.
531) RE s (Regulated Entities) were directed to strictly comply KYC requirements while
entertaining with customers .In this connection it has given one of the following
directions. Mark the right choice. (523/16)
1) RE s to verify the compliance with KYC /AML policies and procedures and
submit quarterly audit notes an compliance to the audit committee.
2) In respect to small a/c the limits / conditions shall not be breached and CDD
(Customer due diligence) is to be observed unfailingly.
3) BSBD and PMJDY a/cs are to be treated as small a/cs and are subjected to the
limitations applicable to such a/cs .
4) PAN no. Of the customer is to be obtained , verified and seeded .
532) RBI has recently clarified one of the following points regarding acceptance of Pre –
2005 series notes , in the wake of receiving complaints/ queries that some banks are not
accepting such notes . Which is that clarification . (524/16)
1) Wef 01.7.2016 Pre-2005 notes are to be deposited at designated offices of RBI ,
however this does not imply banks can not accept Pre-2005 notes for crediting to
customers a/c.
2) In terms of Gazette notification Pre-2005 notes are on par with SBNs of
Rs.500/- and 1000/- which are no more a legal tender wef 9.11.16
3) Banks should accept the deposits of Pre-2005 bank notes in the denomination
of Rs.500/- and 1000/- under the scheme .
4) Banks should take care that they are not issued to public for circulation and
they can be exchanged at designated offices of RBI only.
5) All the above.
533) Pledge and produce marketing loans have become a part of PSA lending and of high
importance besides Govt. Organisations in warehousing and cold storage arrangements
our bank has a tie up with several organisations . One of the following is such
organisation which is added to the list very recently . Mark the right choice. (525/16)
1) National Bulk Holding Corporation
2) M/s Star Agri Warehousing and collateral management services Pvt. Ltd.
3) M/s Collateral Management services Ltd.
4) M/s CNX Corporation ltd.
5) All the above are incorrect as being a Nationalised bank we can finance on the
NWR s issued by Govt. Warehousing institutions.
534) It is inevitable that some financial errors creep in to our accounting , unnoticingly
while making entries as per accounting standards prescribed. On noticing the same the
external Auditor will recommend for making MOC( Memorandum of Corrections) . If
such accounting is within one of the choices given limits in amount of Rupees , MOC
need not be passed . Pl. Mark the right choice. (526/16)
1) Rs.5000/-
2) Rs. 10000/-
3) Rs. 15000/-
4) Rs. 50000/-
5) Rs.1 lac.
535) Under CGS scheme of CGTMSE a format of checklist under new electronic mode of
submission is introduced , and is to be submitted by the MLI for making accepting the
claim . This format is known as D&U. Pl. Expand. (527/16)
1) Declaration and undertaking
2) Divided rules
3) Detection and undertaking
4) Deletion of undertaking
536) For making medical insurance claims beyond the eligible limits as per IBA model ,
our bank has contributed some amount Corporate Buffer utilisation . Which of the
following is correct in this context . (528/16)
1) The buffer contribution is eligible for 1.10.16 – 30.9.17.
2) Our bank has contributed Rs. 4.60 crores for the use of employees under this
scheme.
3) This is utilised for making payments of the medical expenses reimbursement in
excess of the individual sum assured i.e. Rs.4lacs /Rs.3 lacs as per the case may be.
4) This is to be applied to HO:SWD as per the annexure given .
537) Govt. Of India has directed seeding of PAN no. In a/cs for curbing malpractices in
currency depositing in the wake of demonetisation. One of the following options is
correct in this respect. (528/16)
1) The seeding of PAN no is as per section 139A of IT Act 1961.
2) Seeding of PAN with a/cs in which deposit of Rs. 2lacs and above have been
made during the period 1.4.16 till date on most immediate basis.
3) Seeding of PAN with remaining a/c on priority basis before 15.1.17
4) In case an a/c holder does not have PAN , Form 60/61 duly filled in and signed
should be obtained.
5) All the above.
538) In wake of more demand for Education loans for studying abroad and also to
compete with peer banks our Bank has come out with a new education loan scheme for
studying abroad under the brand name Synd Vidya Abroad. It has one of the following
striking features . Pl. Mark the right choice. (532/16)
1) The quantum of loan is to a maximum of Rs. 200 lacs.
2) The remittance shall be in compliance with FEMA guidelines in force from time
to time.
3) The ROI is MCLR+2
4) Assessment of employment potential or future prospects is very important
criteria while considering the higher cost of studies involved.
539) SDS 1975 ( Special deposit scheme ) interest is to be paid from January to December
2016 through electronic mode or by way of a/c payee cheques on January 2, 2017. The
rates of interest on SDS kept on changing by the Govt. From time to time. Which one is
correct. (534/16)
1) From 1.4.15 to 31.3.16 it is 8.70%
2) From 1.4.16 to 30.6.16 it is 8.10%
3) From 1.7.16 to 30.9.16 it is 8.10%
4) From 1.10.16 to 31.12.16 it is 8.00%
540) The application under RTI Act 2005 are to be responded within the time frame
from the date of receipt or otherwise the PIO / APIO is subjected to punishment for an
amount on daily basis for delay if any . A clarification is being issued by Central
Information Commission with respect to section 6 (3) . Mark the right choice. (538/16)
1) Total time available for disposal of RTI application is 30days from the date of
receipt.
2) When application is forwarded by branch to its functional department, it is not
deemed as transferred to another public authority.
3) In the above case it is deemed as forwarding not transfer and therefore 5 days
additional time is not given to PIO / APIO as it was given hitherto.
4) Branches are to forward the application to PIO / APIO immediately through
speed means of correspondence in addition to post / courier to avoid any loss of
time in transit . Before that branches are also advised to contact the PIO / APIO
concerned to ensure that the application pertains to their operational area.
541) Payments towards tax , penalties , surcharge and deposits under PMGKY 2016 have
been clarified by CBDT very recently. Mark the right choice. (539/16)
1) The scheme is operative from 17.12.16 to 31.3.17
2) The payments can be made in old SBNs of Rs. 500/- up to 31.3.17.
3) The payment towards tax , penalty , surcharge are to be made through challan
no. ITNS-287.
4) The payments can be made in old SBNs of Rs. 1000/- up to 31.3.17.
542) In the recent spurt of demonetisation of SBNs 500 and 1000 many a customers are
going for alternate delivery channels . To keep our customer base strong , our bank has
come out with a new current a/c product named Synd PDS.This has one of the following
striking characters . Mark the right choice. (540/16)
1) Synd PDS is a current a/c product to be opened under product code 326.
2) It can be maintained at zero average balance
3) All the service charges and facilities eligible to normal current a/cs is applicable
to this deposit also.
4) Nomination facility is also available and KYC compliance is a must while opening
these a/c s which are only available to PDS distributors.
543) To fill in the gap regarding Inland LC commissions with respect to cap on the
maximum service charges and commission to be collected our bank has revised the rates
very recently w.e.f 01/01/2017. Which of the following options is correct? (541/16)
1) On Bills upto 7 days sight the commission is -0.20% to a maximum of Rs 5 Lakhs
2) On Bills above 7 days to 3 months sight the commission is – 0.50% to a
maximum of Rs 15.00 Lakhs.
3) On Bills for more than 3 months sight the commission is -0.50% for first 3
months subject to a maximum of Rs 15.00 Lakhs plus 0.30% per month
4) Commitment charges are NIL . But in case of Inland Bills with 100% cash
margin the commission is –Rs 1000 Plus 50% of the stipulated charges mentioned
above subject to a maximum of Rs 3.00 Lakhs.
544) SBNs Scheme involved large no of customers/public for exchange of currency and
the Bank had to engage all Branch staff as well as RO staff for attending to this work.
The public at large is also under a lot of stress and facing difficult time in exchanging the
notes, withdrawal of funds from their accounts. This resulted in more NPAs in the Banks.
In this context RBI has given 60 days postponement of status of accounts from standard
to substandard . Further to this, another 30 days additional cushion is also now
provided by RBI in specified category accounts. Which of the following statements is
correct in this context. (542/16)
1) Running working capital accounts , Term loan accounts including agricultural
loan accounts for an amount of Rs 1.00 or less, dispensation can be done when
the account dues are payable between 1st Nov to 31set Dec 2016.
2) The such dispensation or deferment can be done for a period of 90 days from
the date of such down grade in the above mentioned accounts. Our DIT makes
necessary system changes for the dispensation.
3) The additional time given as above shall only apply to defer the classification of
an existing standard assets as substandard and not for delaying the migration of
account across sub-categories of NPA.
4) Dues payable after 1-1-17 will be covered by the extant guidelines.
545) Very recently our management had an Mou with SBOA regarding the transfer
policy of female officer employees of Scale I, II and III. In this respect the following
is the correct choice. Please mark it. (543/16)
1) A female officer working out side the home state can apply for transfer after
completing 2 years of service.
2) A lady officer normally transferred to the place of her husband after the
marriage subjected to availability or they shall be posted to two different branches
where we have two or more branches.
3) Lady Officer before marriage, as far as possible will be given transfer on
request to a place where her parents are stationed. If there is no Office/ Branch at
that place, as far as possible, she will be given transfer to the nearest Region/
State.
4) After marriage, Lady Officer may opt for anyone of the 2 policies i.e. transfer
policy to married female employees or transfer policy to unmarried female
employees.
5) All eh above are correct.
546) The date of depositing SBNs with Bank branches has come to an end as on
30/12/16. RBI has now come with the following instruction to Banks in this
respect. Mark the correct choice. (544/16)
1) All Banks are instructed to report the position regarding the stock of SBNs as on
the date ie 30-12-16 after business hours.
2) SBNs cannot form part of banks’ cash balances from the close of business as on
December 31, 2016.
3) DCCBs may retain the SBNs received between November 10 and 14, 2016 till
receipt of further instructions.
4) Banks maintaining currency chests may make necessary arrangements to
facilitate the deposit of SBNs received through linked branches /other branches of
banks /post offices. Reporting of the transactions in ICCOMS will be enabled
beyond 9.00 PM till all the deposits are received and accounted for.
547) To ease the flow of money in circulation RBI has directed the member Banks to
make the limit in their ATMs raised. Mark the right choice. (546/16)
1. The present limit is Rs 4500 per day
2. The above limits are applicable to a card non cumulative
3. The effective date is from 01/01/2017
4. The apex Bank also instructed the member banks to disburse the same
predominantly in Rs 500 notes.
548) Promotion process for clerical to officer’s cadre are announced and the following
categories of candidates are only eligible for pre-promotion training at SIBM level and TC
level . Mark the correct choice. (1/17)
1) SCs
2) STs
3) OBCs
4) PWDs
549) All India Seminar on Demonetisation and Digital India is going to be conducted
shortly and essays and PPTs are invited from the PSU Banks also in this conncection. 9 to
10 participants shall be selected to be awareded. Which of the following Banks is
conducting such Seminar. Mark the correct choice. (2/17)
1) Bank of Boroda
2) Syndicate Bank
3) Punjab National Bank
4) Great Eastern Bank
5) Our London Bank Branch
550) SBNs deposit period is extended presently is up to 31-3-2017. In this context a lot
of confusion is in the minds of people and they are queuing up at RBI office counters
with the SBNs. RBI has come out with clarification in this respect. Which clarification is
only is correct. (3/17)
1) Only Indian citizens who stayed abroad during the period from Nov 9th to Dec
30th 2016 and only to two classes of people who are residents and non residents
are only eligible.
2) Other citizens of India,and citizens of Bangladesh, Pakistan, Bhutan and Nepal
are not eligible.
3) The amount of deposit has no limit but the exchange shall be credited to their
respective Bank accounts in India. He/she has to fill in necessary declaration
forms and add testimonials as listed in the circular.
4) The exchange counters are only RBI offices at Kolkata, New Delhi, Nagpur,
Mumbai and Chennai only.
551) Recently we have an MoU with SEAPL . Mark the right choice regarding what is
SEAPL. (4/17)
1) It is a company producing a fruit, like apple, green in colour produced from sea
waters.
2) It is hybrid variety of she-buffalo which is known across the globe which gives
40ltrs of milk a day marketed by SEAPL company.
3) It is a nuclear agreement recently we had with Israel.
4) It is SEERA Electric Auto Pvt. Ltd. With whom we had an MoU for 2years
starting from 6.12.16 for marketing / financing electric auto rickshaws under
Synd Transport.
552) electric Auto Rickshaw financing is a fantastic financing product under Synd
Transport and to be covered under CGTMSE. It has one of the following striking features.
Pl. Mark the right choice. (4/17)
1) It can withstand 350 to 600kg load with 4batteries of 800W to 1000W capacity .
2) RTO / DL formalities are mandatory
3) Approximate value is Rs. 1.16lacs to Rs.1.25lacs (Excluding taxes)
4) As per cost benefit analysis made it gives an average income of Rs.15000/- per
month after taking into a/c principal and interest component in the loan portion
there on.
553) E- Auto Rickshaw financing has certain edges. One of the following is correct. Mark
the right choice.(4/17)
1) It is a fine self employment generating project which is to be covered under
CGTMSE.
2) KYC compliance is a must.
3) The approved company SEAPL is the helping party to obtain KYC which is to be
verified at our end.
4) Where our NPL under this portfolio is more than 2% of total NPA in a branch ,
such branch is not permitted to finance further loans under this scheme till the
such ratio falls below 2% and gives a cushion.
554) FCNR (B) deposits are also accepted by us in designated foreign currencies. Which
option is correct in this respect. (5/17)
1) FCNR(B) rates are also applicable to RFC(TDs)
2) It is accepted in 5 currencies namely USD , GBP ,EUR , CAD and AUD
3) Cumulative interest effect is given only when deposit is kept for a minimum
period of 1year and 1 day.
4) The revised rates come into force from 1.1.17.
555) Now our Gold loan policy is having a scale of finance depending on two factors
whether it is on Non-EMI or EMI Option to repay. Accordingly the LTV ratio is also to be
maintained. Which option is correct. (06/17)
1) In both the above cases the scale of finance is Rs 1688/- Per gram at 66% of NV
of gold ornament.
2) It is Rs 1688 per gram and to maintain 66% of NV ratio for non-EMI loans and
Rs 1790 per gram and to maintain 70% NV ratio for EMI loans
3) Market value is the factor as on date of giving the loan and no such ratios are
need to followed only it is per gram Rs 1790 as on date.
4) When the borrower undertakes to repay the loan within 6 months of taking the
loan we can finance up to 90% of the market value undoubtedly.
(Ignore question no.519 above prepared as per cir.501/16 because of revisions)
556) Expand UFCE – (07/17)

1) Unified Currency Exchange Rates
2)It is a term used in recognising a variety of rice.
3) Under financing of commercial enterprises
4) Unhedged Foreign Currency Exposure
5) It is associated with incremental capital and provisioning on standard assets
which is newly constituted under SM0 category.
557) If an Indian Company receiving its receivables in India in INR for goods /services
supplied outside India where computations done and linked to USD / INR rate applicable
on the date of payment it is called – (07/17)
1) Economic hedge
2) Financial Hedge
3) Natural Hedge
4) UFCE provisioning
558) In the globalisation era , quantum of foreign exchange transactions have multi-fold
and the risk of unhedged foreign currency exposure of the entities is an area of concern
not only for individual entities but also to the entire financial system. Entities who do not
hedge their foreign currency exposure can incur significance losses due to exchange rate
movements , therefore RBI has suggested one of the following measures to cover the
risk. Mark the right choice.(7/17)
1) The rating are to be made in either of the 11 rating models given under RAM for
exposures of above Rs.1 crore
2) The estimation of key loss and EBID (Earnings after Tax plus depreciation plus
interest on debts plus lease rentals if any) percentage is the basis to collect
additional rate of interest from the borrower as per chart.
3) The additional interest can be waived or concession can be given by different
permitting authorities.
4) Basing on the likely loss incremental provisioning is to be done at loan level and
incremental capital requirements are also to be provided for.
5) All the above.
559) Depending on the exposure in case of UFCE entities are divided into small (Exposure
is 25crores and less) and others (Exposure more than Rs.25crores) However the
incremental provisioning is not required to be calculated under the ambit of UFCE
guidelines in case of one of the following exposures / choices. Pl. Mark the right choice.
(07/17)
1) SIDBI, NABARD , NHB and EXIM bank
2) Bank for International Settlements (BIS) ,IMF
3) Multilateral Development Banks like World Bank , ADB etc.
4) Where banks exposures to entities which have not borrowed from Indian
Banking System .
560) A report is to be complied on the basis of self certificate or the Audited Certificate,
whichever pertains to the latest date and is closest to the reporting quarter is to sent by
the branch to RO and RMD of Corporate Office directly . This report is known as – (7/17_
1) Annexure X
2) Annexure XX
3) Annexure XXX
4) Annexure III
5) Annexure as per FERA form no. X
561) Certain clarifications are given with respect to PMGKDY 2016 very recently. One of
the following choices suits it. Please mark the correct choice. (8/17)
1) The PMGKDY 2016 can be partly made in cash and partly in the cheque
However the date of effect shall be given from the date of realisation of the
cheque.
2) The depositor/declarant has to give PAN number and is mandatory. In case
PAN has not come the ack letter of the PAN is to be given.
3) The depositor/declarant has to submit his Investor Number with him from the
RBI if he has already made SGB or IIB or other Bonds with RBI, to avoid rejections
from the e-Kuber portal of RBI.
4) All Bank branches to accept the PMGKDS 2016 invariable as per BR Act 1949
(Reg 10). The depositor can also deposit SBNs but upto 30-12-2016 .
5) All the above options are correct.
The above questions are updated as on date

For the good use of participants and staff
More particularly for those who are aspiring
Promotions at different levels.
Wishing you all the best : TC Kolkata

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PPT 2017

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101) Regarding preservation and destruction of records , it is mandatory that all

106) Unauthorised sharing of information by bank officials is not acceptable and it

107) Dishonoring of EFT , for insufficient funds is to be discouraged . It attracts the

1)1 , v – 2,iv- 3 , iii- 4, ii and 5, i

113) The following is correct in case of Synd Kisan Sathi – (75/12)

118) Siphoning funds means – Mark the right choice. (123/12)

1)Preparation of detailed project report d\for bank clients including techno –

132) The definition of infrastructure lending keeps on changing as per the

134) Interest subvention given on crop loans is sometimes misused by some

136) Review of sanctioned limits is to be done by ROs or the appropriate reviewing

137) Sometimes frauds do happen in internet banking , which is on the rise in

138) NMMSS (National Means cum Marine Scholarship Scheme) and

139) Under customer’s acceptance policy (CAP) of KYC/AMLA guidelines we can

1) 1,i – 2,ii – 3, iii- 4,iv

147) Which of the following is a correct match – (187/13)

1. RO can decide which asset can be brought under the Act.

152) Expand START. (187/13)

185) “Force Majure” means – Mark the right choice –( 139/14)

186) Account lending – means . Mark the right choice – (140/14)

192)Expansion of DEAF is – (261/14)

227) CPGRAMS is implemented (Centralized Public Grievances Redressal Administration

230) In recent circulars format for inspection of immoveable property is changed /

239) To prevent sexual harassment in workplace the complaints committee is

1)Certificate of Municipal Authority,Sales Tax/ Income tax returns.

246) As per HO guidelines no appointments of temporary employees in Sub Staff cadre (

273)The target of MSME Enterprises is to be achieved in a phased manner as on 31st

274)Since Nationalisation achievement of priority sector target is reviewed once in a

280)Education Loan for an irrespective of amount are not to be classified as Priority

285) Loans to the following sectors/sections is considered as PSA under advances to

1. Loans under DRI Scheme

1. Loans to individual women beneficiaries up to Rs 1 Lakh

1) Cyclone ,Drought and earthquake .

1) It is governed by PFRDA for people in the age group of 18 to 40 years with

292) Annual Conferrence on Banking Ombudsman 2015 was held at Bangalore. To

1) Before deciding to give loan

294) What do you mean by “NICHE SELLING” (249/15)

1) In rural agricultural market yards or rythu bazaars farmer/seller sits on the

1) Regions of Kashmir,The Western and Central Himalayas

297) “SKIN IN THE GAME” refers to –(270/15)

1) In the framework for revitalizing distressed assets , under SDR Scheme ,

1) Utility bill which is not more than 2 months old.

303) A fundamental rules regarding takeover of account under operational guidelines is

1) Demanding gratification and pecuniary advantage

1) Irrespective of the scale of Branch Head they are empowered to remove

1) The reporting of C/c transactions minimum of Rs 1.00 Lakh and thereafter in

1) Rs 5000/-, Rs 2000/-and Rs 1000/-