Multiple Choice Questions (MCQ)

Finance and Accounts Division

01. What is the main source of income of the Bank?

a) Interest Income
b) Investment Income
c) Commission
d) Exchange & Brokerage
Answer: Interest Income

02. What are the main sources of investment income of the Bank?
a) Interest & Discount from Treasury Bill & Bond
b) Capital Gain from Investment
c) Dividend Income
d) All the Above
Answer: All the Above

03. What are the main operating expense areas of the Bank?
a) Salary and Allowances
b) Office Rent
c) Depreciation
d) All the Above
Answer: All the Above

04. Why provision is made from operating profit of the Bank?

a) For potential loan loss
b) For Deposit
c) For Cash in Hand
d) For Other Liability
Answer: For potential loan loss

05. What is the core values of the Bank?

a) We put our customers first
b) We emphasize on professional ethics
c) We maintain quality at all levels
d) All the above
Answer: All the above

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06. Who is the statutory auditor of the Bank?
a) Rahman Rahman Hoque,
b) Syful Shamsul Alam & Co.
c) Hoda Vasi Chowdhury & Co.
d) None of the above
Answer: Hoda Vasi Chowdhury & Co.

07. What is the Long Term credit rating of the Bank?

a) AA
b) AA+
c) AA-
d) AAA
Answer: AA

08. What is the Short Term credit rating of the Bank?

a) ECRL-4
b) ECRL-3
c) ECRL-2
d) ECRL-1
Answer: ECRL-2

09. What is the subsidiary company of the Bank?

a) UCB Capital Management Limited
b) UCB Investment Limited
c) None of the above
d) Both a & b
Answer: Both a & b

10. What is the meaning of CFO?

a) Chief Finance Officer
b) Chief Financing Officer
c) Chief Funding Officer
d) Chief Financial Officer
Answer: Chief Financial Officer

11. What is the meaning of CAMELS?

a) Cash Management, Asset Quality, Management, Earning, Liquidity, Sensitivity to Market Risk
b) Capital Adequacy, Accountability, Management, Earning, Liquidity, Sensitivity to Market Risk
c) Capital Adequacy, Asset Quality, Management, Earning, Liquidity, Sensitivity to Market Risk
d) None of the above

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Answer: Capital Adequacy, Asset Quality, Management, Earning, Liquidity, Sensitivity to Market Risk

12. What is the meaning of CAR?

a) Capital Advance Ratio
b) Capital Adequacy Ratio
c) Capital Asset Ratio
d) Capital And Reserve
Answer: Capital Adequacy Ratio

13. What is face value of each share of the Bank?

a) BDT 1000.00
b) BDT 100.00
c) BDT 10.00
d) BDT 1.00
Answer: BDT 10.00

14. What is declared dividend of the Bank for 2014?

a) 20% Stock & 10% Cash Dividend
b) 30% Stock & 30% Cash Dividend
c) 20% Stock & 20% Cash Dividend
d) 30% Stock Dividend
Answer: 20% Stock & 10% Cash Dividend

15. What is the meaning of EPS?

a) Equity per share
b) Equity Profitability and Sensitivity
c) Earnings per share
d) None of the above
Answer: Earnings per share

16. What is meaning of AD Ratio?

a) Asset Deposit Ratio
b) Advance Deposit Ratio
c) Both a & b
d) None of the above
Answer: Advance Deposit Ratio

17. What is the formula of Cost of Deposit?

a) Interest expense divided by average deposit
b) Interest income divided by average deposit

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c) Operating expense divided by average deposit
d) Total expense divided by average deposit
Answer: Interest expense divided by average deposit

18. What is the formula of Yield on Advance?

a) Interest income divided by average deposit
b) Interest expense divided by average assets
c) Operating income divided by average loans and advances
d) Interest income divided by average loans and advances
Answer: Interest income divided by average loans and advances

19. What is the meaning of NPL?

a) Non-performing loans and advances
b) Non-performing investment
c) Non-preferred assets
d) None of the above
Answer: Non-performing loans and advances

20. How much was the Authorized Capital of the Bank as on December 31, 2014?
a) BDT 100.00 Crore
b) BDT 800.00 Crore
c) BDT 1500.00 Crore
d) BDT 2000.00 Crore
Answer: BDT 1500.00 Crore

21. How much was the Paid-up Capital of the Bank as on December 31, 2014?
a) BDT 836.61 Crore
b) BDT 436.61 Crore
c) BDT 236.61 Crore
d) BDT 36.61 Crore
Answer: BDT 836.61 Crore

22. How much was the Deposit of the Bank as on December 31, 2014?
a) BDT 10,107.21 Crore
b) BDT 17,107.21 Crore
c) BDT 21,107.21 Crore
d) BDT 27,107.21 Crore
Answer: BDT 21,107.21 Crore

23. How much was the Loans and Advances of the Bank as on December 31, 2014?

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a) BDT 12,414.61 Crore
b) BDT 17,414.61 Crore
c) BDT 20,414.61 Crore
d) BDT 25,414.61 Crore
Answer: BDT 17,414.61 Crore

24. How much import business handled by the Bank in 2014?

a) BDT 5,528.24 Crore
b) BDT 10,528.24 Crore
c) BDT 15,528.24 Crore
d) BDT 20,528.24 Crore
Answer: BDT 15,528.24 Crore

25. How much export business handled by the Bank in 2014?

a) BDT 3,044.72 Crore
b) BDT 7,044.72 Crore
c) BDT 10,044.72 Crore
d) BDT 13,044.72 Crore
Answer: BDT 13,044.72 Crore

26. How much inward remittance handled by the Bank in 2014?

a) BDT 1,666.79 Crore
b) BDT 3,666.79 Crore
c) BDT 5,666.79 Crore
d) BDT 8,666.79 Crore
Answer: BDT 1,666.79 Crore

27. How much was the total capital of the Bank as on December 31, 2014?
a) BDT 1,569.12 Crore
b) BDT 2,569.12 Crore
c) BDT 3,569.12 Crore
d) BDT 4,569.12 Crore
Answer: BDT 2,569.12 Crore

28. What was the capital adequacy ratio of the Bank as on December 31, 2014?
a) 10.56%
b) 13.20%
c) 8.57%
d) 15.00%
Answer: 10.56%

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29. How much was the operating profit of the Bank in 2014?
a) BDT 525.25 Crore
b) BDT 632.35 Crore
c) BDT 775.45 Crore
d) BDT 871.95 Crore
Answer: BDT 871.95 Crore

30. What is the Fixed Asset of the Bank?

a) Loans and Advances
b) Furniture and Fixture
c) Investment
d) Cash in Hand
Answer: Furniture and Fixture

31. What is the method of depreciation followed by the Bank?

a) Reducing Balance Method
b) Straight Line Method
c) Both a & b
d) None of the above
Answer: Straight Line Method

32. What is the depreciation of the land?

a) 0%
b) 10%
c) 15%
d) 20%
Answer: 0%

33. What is the intangible asset of the Bank?

a) Land & Building
b) Office Equipment
c) Computer Equipment
d) Computer Software
Answer: Computer Software

34. What is the most liquid asset of the Bank?

a) Land & Building
b) Loans and Advances

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c) Investment in Share
d) Cash in Hand
Answer: Cash in Hand

35. What is the meaning of IAS?

a) International Accounting Standard
b) International Accountability Standard
c) Internal Accountability Standard
d) Internal Accounting Standard
Answer: International Accounting Standard

36. Balance sheet represents _______________?

a) Asset and Liability
b) Asset, Liability & Shareholders’ Equity
c) Income and Expense
d) Operating Income & Expense
Answer: Asset, Liability & Shareholders’ Equity

37. Which component is the part of balance sheet?

a) Cash in hand
b) Loans and Advances
c) Deposits
d) All the above
Answer: All the above

38. Profit and Loss Accounts represents _______________?

a) Asset
b) Shareholders’ Equity
c) Income and Expense
d) Liability
Answer: Income and Expense

39. Which component is the part of profit and loss accounts?

a) Interest Income
b) Loans and Advances
c) Deposits
d) All the above
Answer: Interest Income

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40. From which of the following statement we can know the operating profit of the Bank?
a) Balance Sheet
b) Statement of Shareholders’ Equity
c) Statement of Fixed Assets
d) Profit and Loss Accounts
Answer: Profit and Loss Accounts

41. From which of the following statement we can know the loans and advances of the Bank?
a) Balance Sheet
b) Statement of Shareholders’ Equity
c) Statement of Fixed Assets
d) Profit and Loss Accounts
Answer: Balance Sheet

42. What is the component of Shareholders’ Equity?

a) Loans and Advances
b) Paid-up Capital
c) Deposits
d) Interest Income
Answer: Paid-up Capital

43. What is the component of Balance Sheet?

a) Investment
b) Interest Income
c) Interest Expense
d) Salary Expense
Answer: Investment

44. Which of the following items is the part of Off-balance Sheet exposure?
a) Acceptance
b) Loans and Advances
c) Deposit
d) Investment
Answer: Acceptance

45. Which method of accounting followed by the Bank?

a) Cash basis
b) Accrual basis
c) Both a & b
d) None of the above

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Answer: Accrual basis

46. What is the corporate tax rate of the Bank?

a) 25.50%
b) 35.50%
c) 40.50%
d) 42.50%
Answer: 42.50%

47. What is the VAT rate on fees and commission income of the Bank?
a) 5.00%
b) 4.50%
c) 10.00%
d) 15.00%
Answer: 15.00%

48. What is the source tax deduction rate on interest on deposit for the person not having ETIN?
a) 5.00%
b) 4.50%
c) 10.00%
d) 15.00%
Answer: 15.00%

49. What is the contribution of the Bank to Employee Provident Fund?

a) 5.00% of basic salary
b) 7.00% of basic salary
c) 10.00% of basic salary
d) 15.00% of basic salary
Answer: 10.00% of basic salary

50. In which fund of the Bank employees directly don’t contribute?

a) Provident Fund
b) Welfare Fund
c) Gratuity Fund
d) House Building Safety Scheme Fund
Answer: Gratuity Fund

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