1.

Unexpected loss is covered by

b) Capital

2. What is the timeframe for taking a decision on suspicious transactions pointed out by RFIA / SARG.
A: One month

3. The General Manager of Fraud Monitoring Cell (FMC), FPMD at Corporate Centre will be Nodal Officer,
of the Bank, for sending request of opening LOC to the Bureau of Immigration

4. The competent authority to Sign LOC Opening request is Chairman

5. Statistical Closure of Frauds can be done in cases

Fraud involving upto Rs. 1.00 Lacs

6. Internal Loss Data would include

Actual Loss
Potential Loss
Near Misses
Attempted Frauds

7. SBI has developed a strategy to share customer information database between offices in two countries.
In this situation, it is MOST important to ensure (Negative Marking)
Data is encrypted in transit and at rest
Data sharing complies with local laws and regulation at both locations
A nondisclosure agreement is signed
Risk coverage is split between the two locations sharing data

8. Staff accountability in case of misappropriation of funds by staff members to be completed within

___weeks under Fast Track Disciplinary Proceedings Mechanism (FTDPM)
12 weeks
24 weeks
48 weeks
52 weeks

9. A walk in Customer is defined

Customers whose accounts are inoperative and there is no transaction for last two years.
Customers who have only deposit accounts and do not avail any loan from the Bank
A person who does not have an account based relationship with the Bank, but undertakes
transaction with us.
Customers with deposit and loan accounts both

10. Which is the most appropriate method to prevent unauthorized access to your desktop if you are leaving
your workstation for a short duration (Negative Marking)
Lock the Desktop using Windows Key + L

11. Who is the Designated Officer for receiving complaint under Whistle Blower Policy

DGM (Vigilance) at Circles and CVO at Corporate Centre

DGM & CDO at Circles and CGM (HR) at Corporate Centre
DGM & CFO at Circles and CGM (FPMD) at Corporate Centre
AGM (HR) at Circles and DGM (HR) at Corporate Centre

12. Which of the following provide fixed income (Bond) price for valuationon a daily basis.
RBI
FBIL
SEBI
FEDAI
13. With reference to LGD, what is the difference between F-IRB and A-IRB
F-IRB permits to use prescribed LGD estimates and A-IRB permits to use own internal LGD
estimates.
A-IRB permits to use prescribed LGD estimates and F-IRB permits to use own internal LGD estimates
Both approaches allows to use internal LGD estmates
Both approaches are same, no difference

14. What is breach of confidentiality

The type of violation involves unauthorized reading of data

15. Compromising Confidential Information comes under

Vulnerability

16. A landless labour having no document of identity and address proof approaches your branch for opening
of an account. What will you do
Option A. Will open the account after obtaining self attested….

17. In measuring the capital requirements for General Market Risk, which are designed to capture rge risk
of loss arising out of changes in the market interest rates which are the two principal methods
Optimum and Marginal

18. The Bank has approved _____ for handling Cyber Security incidents.
Cyber Security Policy and Standards and a SOP

19. Which of the following provide fixed income (Bond) price for valuation on a daily basis
SEBI

20. With respect to LGD, what is the difference between F-IRB and A-IRB
F-IRB permits to use prescribed LGD estimates and A-IRB permits to use own internal LGD
estimates

21. Role of ORMD is to implement and maintain ORM framework

TRUE

22. KRI thresholds are fixed after going through

Both a&b

23. Wef 30 June 2019, applicable risk weightage for Unrated Corporate exposure above Rs.200 crores
1.5

24. If prices of Gold fluctuate this is a type of

Commodity risk

25. Minimum total capital including CCB increased from 9.0% to ____ under Basel III
0.121

26. Monitoring of top Single and Group Borrowers in the Bank helps in mitigating which of the following risks
Credit Concentration Risk

27. Hackers get into the company’s systems and steal valuable data
Operational risk

28. Do we have policies on how / what you can and cannot use email for?
Yes, there are policies limiting what emails I can and cannot send while at work
29. The success of a computer forensic investigation depends on the concept of?
Chain of evidence

30. Which of the following refers to a series of characters used to verify a user’s identity?
Password

31. When an incident of suspected fraudulent activity comes to notice, who will take a prima facie view on
it?
Respective Controller

32. __________ involves using electronic means, including the Internet, to harass a person or a group of
people.
Cyberstalking

33. In a Banks SME loan portfolios, 200 accounts are NPA, amounting to 400 crores. Out of this recovery
could be made only in 100 accounts amounting to 300 crores. What will be the LGD of the portfolios?
0.5

34. Who is the Nodal Officer responsible for vetting the complaint and ensuring that it is as per the prescribed
checklist before reporting the case to CBI
CVO

35. Effective KRIs should be

All of the above

36. Maximum guarantee coverage under CGTMSE scheme is

200 Lakh

37. Substantial exposure limit for single borrower means

The exposure of a single borrower exceeds threshold limit decided in the loan policy of the Bank

38. Risk awareness day

1st September

39. Increasing in number of frauds over the time indicate

Both 1 and 2

40. For non-advance frauds, 100% provision will be made in the same ______
Quarter

41. Who is the competent authority for identification of fraud for cases below 5.00 lac
FIC at circles and Bus
42. Probability that borrower will fail to meet his contractual obligation due to borrower specific or market
specific reasons is called
Default Risk

43. Which of these is a risk transfer ways

Insurance

44. Cash retention limit exceeding at a branch on many occasions is an example of key indicator
TRUE

45. As per RBI guidelines the probable loss over 10 day horizon for calculating VaR at ______ confidence
level
0.95
46. What is the risk weigh for AAA rated foreign sovereigns?
15

47. What does the ‘https://’ at the beginning of a URL denote

That information entered the site is encrypted

48. Authority to approve the market risk management policy of the Bank is
Risk management committee of the board

49. Risks falling under High Risk and Critical Risk categories
Exceed the risk tolerance levels and need to be monitored

50. Suspected Fraud portal contains details of accounts which are suspected as fraudulent by the auditors
under RFIA. The portal is maintained by
CPM Deptt

51. On cancellation of PGEL, on any Foreign Bank, the existing exposure is allowed to be continued till
Maturity of the exposure

52. Timely and quick identification of fraud helps in

All three

53. Which branch can undertake the process of KYC updation

Only Home branch can update

54. Operational controls are commonly utilized in which of the following risk mitigation strategies
Avoid the risk

55. Which category of Agri loans can be covered as MUDRA loans under PMMY
All of the above

56. List of wilful defaulters provides the information for outstanding of

25 lac and above

57. Unexpected Loss is calculated based upon a determined confidence level of ____ of assumed correlation
amongst exposure etc
Equivalent to 99.95%

58. As per bank’s IS policy, User account should be locked out automatically after ____ consecutive
unsuccessful login attempts.
3

59. The three Basel III pillars are _____, ______ and Market Discipline
Minimum capital requirements, Supervisory Reserve Process

60. The main exemptions which would normally be applicable to the Bank are
All of the above

61. Market risk has the following risk components

All of the above

62. A dashboard for fraud prone branches has been developed and made available to controllers by
Data Analytics Department, GITC

63. To prevent or timely identify fraudulent disposal of mortgage property Bank has mandated
Both 1 & 2 are correct
64. Which of the following is a potential fraud risk
All the three

65. Threat to an information cannot be

Transferred

66. Within __ days of appointment, the Insolvency Resolution Professional makes a public announcement,
inviting all the potential creditors to file claim
7 days

67. Segregation of duties is security control primarily used to

Establish dual check

68. Which one of the following transactions does not make any economic sense
Having large number of accounts with the same bank with frequent transfers between different
accounts

69. How is risk calculated?

Likelihood*Impact

70. Cyber frauds are frauds which are committed

Both 1 & 2

71. Market risk limits are based on

VaR

72. Which of the following is the effective way to mitigate the risk of confidential data leakage to unauthorized
stakeholders?
Implement role based access controls

73. Expected Loss refers to

An amount estimated to be sacrificed in a given bad loan

74. BCBS stands for

Basel committee for banking standard

75. Participants of RCSA workshop at an entity have to

All abc above

76. RBI has made mandatory to upload the KYC data to CKYCR is case of
Individual account and legal entity and during the time of KYC updation

77. Which of the following is the indicator of suspicious transactions in a customer account
All of the above

78. The CRA should be reviewed at half yearly intervals for the units
Having CRA SB-10 and worse

79. Key indicators are linked to risks or controls in identified areas

True

80. Whistle blower complaint can be lodged through

Any of these

81. Capital Conservation Buffer (CCB) fully effective from 01.10.2021

82. Global financial crisis period
2008-2009

83. All accounts to be simultaneously examined from angle of possible fraud, when the account are classified
as NPA for limits above Rs crore
50

84. Risk Categorisation helps in

Risk Mitigation

85. What action to be taken in cases where suo moto proceedings initiated by investigating agencies eg CBI
Decision too be taken on case to case basis

86. Investments carried out by the Bank shall fall into the following brad categories
Both a & B

87. Which of the following is not amongst the top Information Security Risk?
Distributed Denial of Service

88. As per Alertness award for near miss events including

From 5 lacs to 25 lacs

89. In suspected fraud cases reported by RFIA, decision as Fraud or No Fraud to be taken by the FIC within
the time
1 month

90. Classification of frauds such as (i) Misappropriation and Criminal Breach of trust, (ii) cheating and forgery
etc are based on various sections of IPC
TRUE

91. In assessing the key variables associated with a potential mortgage loan, a bank will charge a higher
interest rate if the borrower has a relatively
High loan to value ratios

92. Full form of ECLGS

Emergency Credit Line Guarantee Scheme

93. Number of lines of defense in operational risk

3