MRQ 2023

Memory Recalled
Questions
[1350+ Questions asked in 2022 and 2021]
Staff Training Centre-2, Lucknow

December 31, 2022
Dear Aspirants,
For the benefit of Aspirants, an effort has been made towards the compilation of recalled
questions that were asked in the latest exams held till November 2022.
The collection of following 1366 questions that were asked in last year’s promotion exam has
been solved in the light of current guidelines:
Year Scale/ Topic Number of questions
2022 4→5 26
2022 Up to scale 3 93
2022 Finacle 41
2022 4→5 133
2022 Other than 4-5 140
2022 Scale 3 → 4 259
Total 692
2021 108
2021 4→5 133
2021 Other than 4 → 5 94
2021 All scales 291
2021 Govt. Schemes 48
Total 674
Grand Total 1366
For a better insight into exam trends, questions have also been categorized in different areas
pertaining to the respective divisions of our bank.
While solving MRQs, the utmost care has been taken. In case of any doubt or clarification,
please refer to the relevant guidelines of the Bank as the booklet does not substitute the
bank’s guidelines.
Suggestions for improvement are welcome as always
With Best Wishes
Team STC-2, Lucknow
***If not necessary, please do not print it out. For easy navigation, hyperlinks have
been provided on the index and on each page of the document.
PNB STC-2, Lucknow 1|Page

MEMORY RECALLED QUESTIONS (MRQs) -2022
SCALE IV to V (06.11.2022)
1. In management quota seat under Education Loan - Collateral coverage should be - 150 %
As per our bank scheme: Security Norms under Management Quota are as (In our bank
under: minimum 100%)
▪ Upto ₹7.50 Lakh: No Tangible Security and /or 3rd party guarantee is not
required
▪ Above ₹7.50 Lakh: Tangible collateral security having minimum 100% of
realizable value of loan amount.
Education Loan to children of PNB’s Employees : where employee is co-
borrower are exempted for coverage under CGFSEL scheme. However, in such cases
the security norms shall be as under:
▪ Up to ₹ 7.50 Lakh: No Security. Parent(s)/guardian be made joint borrower(s).
▪ Above ₹ 7.50 Lakh upto ₹30.00 Lakh: No Security. Parent(s)/guardian be
made joint borrower(s).
▪ Above ₹ 30.00 Lakh:
✓ Parent(s)/guardian be made joint borrower(s).
✓ Tangible collateral security equivalent to additional loan sanctioned above
collateral free limit only i.e. ₹30.00 Lakh. (For example, if staff has applied for
Education Loan of ₹40.00 Lakh, then collateral security equivalent to ₹10.00
Lakh is required).
(Ref. Circular: RAD no. 62/2022 dated 09.06.2022)
2. Internal rating grade CR4 depicts: Satisfactory Risk
As per our bank: A4 rating refer to : Lower Risk (Satisfactory business credit,
asset quality, Liquidity, good debt repayment capacity)
3. In DAY-NULM - Minimum persons and % of Ubran Poor Family 3; 70%
(Note: More than one person from the same family should not be included in the
same group)
4. Theme of EASE 4.0 agenda Technology-
enabled,
Simplified, and
Collaborative
Banking
5. Early name of NRLM Swarnjayanti Gram

Swarozgar Yojana
(SGSY)
6. After issue of demand notice U/s 13(2) of SARFAESI Act, if the borrower makes any 15 Days
representation or raises any objection to the notice, the Authorized Officer shall reply
within ______ days of receipt of such representation or objection
7. Maximum ROI that Banks can offer on FCNR (B) deposits for duration of 1-3 years Alternative
Reference Rate
(Maximum tenor of FCNR Deposit: 5 Years)
(ARR) for the
respective currency
plus 250 basis
points

8. QAB under SB Premium Account -
(Bank Specific, in our bank we have premium saving fund accounts under the name
of PNB ELITE Saving Fund Scheme. The QAB under the schemes are:)
ROYAL: ₹15 Lakh and above
GRAND: ₹10 lakh and above but less than ₹15 Lakh
EXECUTIVE: ₹5 lakh and above but less than ₹10 Lakh
(Ref: RLBD circular 25/2022 dated 14.09.2022 PNB ELITE SAVING FUND SCHEME)
9. Question from Roof Top Scheme (Bank Specific) -
(In our bank, we have Financing of Solar Power Systems Under Housing Loan
Scheme, the gist is as under)
Eligibility Individual and Joint Owners as per housing loan scheme
Purpose and Installation of rooftop solar system at residential house with

Loan capacity of minimum 1.0 kw and maximum 5.0 kw subject to
Amount maximum loan amount of ₹5.00 lakh.
Further AGM PLP and CHCAC and above are empowered to permit
relaxation for installation of the system upto 10 kw with maximum
loan amount upto ₹10.00 lakh
Margin ✓ Where mortgage of house is available with the bank:

As per housing loan scheme
✓ On standalone basis- 30%
✓ Where mortgage of house is available with the bank:

Repayment
As per housing loan scheme
✓ On Standalone Basis: where solar system is installed on
standalone basis and applicant is not ready to mortgage the
property, maximum 5 years repayment period to be
permitted.
(Ref: RAD circular 30/2021 dated 15.03.2021 Financing of Solar Power Systems)
10. As per RBI guidelines, Investments under HTM category shall not exceed _____ of 25%
the bank’s total investments.
(Ref. RBI Master Direction - Classification, Valuation and Operation of Investment
Portfolio of Commercial Banks (Directions), 2021dated 25.08.2021)
11. PMJJY Annual Premium ₹436/-

(Out of ₹436/- premium, ₹395/- goes to insurance company, ₹30/- to BC and ₹ 11/- to Bank)
12. Purpose of Atal Bhujal Yojana To improve
community led
(Atal Bhujal Yojana (ATAL JAL) is being implemented (since 01.04.2020) in 8,562
sustainable ground
Gram Panchayats of 80 districts in 7 States, namely, Gujarat, Haryana, Karnataka,
water
Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh with an aim to improve
management
community led sustainable ground water management, mainly through
convergence among various ongoing Central and State schemes. It also aims at
bringing about behavioural change at the community level through awareness
programs and capacity building for fostering sustainable ground water management)

13. Owner of Cyber Security Policy (Bank Specific) Board
(In our bank, The Board of Directors (Punjab National Bank) is the owner of this policy and
is ultimately responsible for overall functioning of Cyber Security in the bank)
14. One question from Risk Culture (Bank Specific) -

(As per our bank guidelines, Board members and senior management of the
Bank are responsible for setting the right tone at the top and for cultivating a bank
wide awareness of risk and compliance that fosters risk intelligent behaviour at all
levels of the bank)
15. Question form SUVIDHA scheme -

(In our bank, related scheme is PNB Prime Plus)
(Ref Cir: MSME 27/2020 dt 23.03.2022)
16. As per Gold loan Scheme, valuation of gold to be carried out by two empaneled -
appraisers for loan above___
(As per our bank guidelines, For sanction of advance against gold Jewellery above
limit of ₹5.00 Lakh, valuation of security and appraisal of gold to be carried out by
two empaneled appraisers and the lower of the two to be considered for finance)
(Ref. Cir.: RAD no. 100/2022 dated 30.08.2022)
17. What is white gold Cotton
18. Study of Fruits Pomology
19. In what type of irrigation less water consumption occurred, and water given in root Drip Irrigation
of the plants
20. Fish processing-drying packing etc called as Curing
21. Forest for wood and rearing of animals called Agroforestry

(Agroforestry is a collective name for land-use systems involving trees combined with
crops and/or animals on the same unit of land)
22. As per 4th handloom census -percentage of weavers in rural areas -
23. Credit Card for Mid Segment (Bank Specific) -
24. NRO ATM card withdrawal limit (it is as per type of card) (Bank Specific) -
25. One question from Progress Scheme -

(In our bank, related scheme is PNB Prime Plus- Trader Segment)
Ref Cir: MSME 27/2020 dt 23.03.2022
26. Power of CAC III, In change of ownership (Bank Specific) -

SCALE III to IV (06.11.2022)
27. Shishu Mudra loan Limit Upto ₹50,000/-
28. DAY- NULM Margin Up to ₹ 50,000 – NIL

and for higher amount
loans -5% to 10%
29. Missing person Act Indian Evidence Act
(For settlement of deceased claim in case of missing persons, as per the provisions of Section
108 of the Indian Evidence act, presumption of death can be raised only after a lapse of 7
years from the date of his/her being reported missing)
30. Maximum exposure under Agro and food processing segment is allowed to be ₹100.00 Lakh
classified as Priority Sector Lending
31. Har Khet Ko Pani is a part of ____ PMKSY
HarKhetKoPani (HKKP) is one of the components of Pradhan Mantri Krishi Sinchayee Yojana
(PMKSY). HKKP, in turn, consists of four sub-components, (i) Command Area Development &
Water Management (CADWM), (ii) Surface Minor Irrigation (SMI) & Repair, Renovation and
Restoration (RRR) of Water Bodies, and (iii) Ground Water (GW).
32. Question on Liqui scheme -

(In our bank, related scheme is PNB Sampatti)
(Ref Cir MSME 15/2022 dt 17.02.2022 PNB SAMPATTI Scheme)
33. Question form Nari shakti Scheme -
(In our bank, related scheme is PNB Mahila Udyami Scheme)
(Ref. Cir: MSME Cir no.28/2020 dt.27.03.2020)
34. Housing loan metropolitan limit for PS (with population of ten lakh and above) ₹35.00 Lakh
35. PMJJBY Annual Premium

₹436/-
(Out of ₹436/- premium, ₹395/- goes to insurance company, ₹30/- to BC and ₹ 11/- to Bank)
36. SMA-2 classification 61 to 90 Days
37. Limitation period under Mortgage 12 Year

38. Investment
>₹10 cr to ₹50 cr ;
Criteria for investment and turnover for Medium Enterprises under MSME
Turnover
>₹50 cr to ₹250 cr
39. BSBD Account : Financial Transactions and Balance restrictions
₹1,00,000/-;
Total credits in such accounts should not exceed ₹_____ in a year and Maximum ₹50,000/-
balance in the account should not exceed ₹____at any time.
40. ₹5 Crore & ₹25
CRISIL Rating Model applicability (Bank Specific)
Crore
41. TEV cut off Limit ₹25.00 Crore
(Our Bank’s guideline is as under:)
TEV Study (Fresh Project/ Existing Account – Project involving change / diversification from
existing core activity): Above ₹20.00 Crore
TEV Study for Expansion in existing activity (Cost of Project): Above ₹40.00 Crore

42. Which of the following facility not available on ATM (Bank Specific) TDS Certificate
43. ₹0.50 Lakh & ₹10

Maximum Limit of Credit Card to Home Loan Borrower Lakh
(Our Bank’s guideline is as under:)

Scheme For Credit Cards To Housing Loan Customers of PNB:
Eligibility: Credit Cards with specific credit limits (ranging between 7.5%-15% of Housing
loan amount) will be made available to existing and prospective housing loan customers. In
the case of existing housing loan customers, Credit Card will be issued to the borrower who
have been regular in repayment of Housing Loan instalments and are having satisfactory CIC
report.
Procedure to be followed: Credit Card with specific credit limits based on Housing loan
facility sanctioned to the card holder will be issued as per detail below:
S. Amount of Housing Pre- approved Card limit
N. Loan Sanctioned (subject to max limit arrived under RUM)
(₹ in Lakh)
1. Less than ₹20.00 15% of HL amount
2. ₹20.00 to less than 12.50% of HL amount
₹50.00
3. ₹50.00 to less than 10% of HL amount
₹100.00
4. Above ₹100.00 7.5% of HL amount
Note: No separate address proof required. Residence Address as given in the PNB CBS
account will be accepted. However, in case the address in CBS system is office address of
the Applicant, suitable proof of Residence address is to be obtained from the customer.
RUM =Risk Underwriting Model
(Ref. Cir. Master Circular PNB Credit Card no. 13/2022 dt.03.06.2022)
44. Credit Card Compensation for not adhering closure within time
₹500/- per day
As per RBI, Guideline for Closure of Credit Card is under:
(a) Any request for closure of a credit card shall be honoured within 7 working days by the
credit card-issuer, subject to payment of all dues by the cardholder. Subsequent to the
closure of credit card, the cardholder shall be immediately notified about the closure through
email, SMS, etc.
Cardholders shall be provided option to submit request for closure of credit card account
through multiple channels such as helpline, dedicated e-mail-id, Interactive Voice Response
(IVR), prominently visible link on the website, internet banking, mobile-app or any other
mode. The card-issuer shall not insist on sending a closure request through post or any other
means which may result in the delay of receipt of the request. Failure on the part of the
card-issuers to complete the process of closure within 7 working days shall result in
a penalty of ₹500 per day of delay payable to the customer, till the closure of the
account provided there is no outstanding in the account.
(b) If a credit card has not been used for a period of more than 1 year, the process to close
the card shall be initiated after intimating the cardholder. If no reply is received from the
cardholder within a period of 30 days, the card account shall be closed by the card-issuer,
subject to payment of all dues by the cardholder. The information regarding the closure of
card account shall also accordingly be updated with the Credit Information Company/ies
within a period of 30 days.
(c) Subsequent to closure of credit card account, any credit balance available in credit card
accounts shall be transferred to the cardholder’s bank account. Card-issuers shall obtain the
details of the cardholder’s bank account, if the same is not available with them.
(Ref RBI Circular , Master Direction – Credit Card and Debit Card dated 21.04.2022)

45. KCC & Fishery Int Subvention
(In our bank Interest Subvention @ 3% will be available up to ₹ 3 Lakh only in all ₹3 Lakh & ₹2 Lakh
KCC Accounts and up to ₹ 2 lakh in standalone KCC: Animal Husbandry & Fisheries
within the overall limit of ₹ 3 lakh)
(Ref: Agriculture Division circular no. 20/2022 dated 01.04.2022 INTEREST SUBVENTION
SCHEME – PROMPT REPAYMENT INCENTIVE TO FARMERS)
46. Under Miles Scheme, -1 to 5 CIBIL, Repayment period is___ (Bank Specific) 84 Months
47. Missing Person define in ______ Indian Evidence Act
48. 60 Days
Forensic Audit (Time to Conclude Audit)
Our Bank’s guideline is as under: (75 Days in PNB)
i. Forensic audit must be completed within a maximum period of 75 days from authorizing
the audit.
ii. 15 Days notice to be issued to Forensic auditor firm / company if Forensic Audit report not
submitted within stipulated time
(Ref: FRMD Circular no.48/2022 dated 18.07.2022: Master Policy on Fraud Risk Management
and Investigation Functions (FRMIF))
49. Daily Transaction limit of Internet Banking (which is not correct)

Our Bank’s guideline is as under: ₹20 Lakh daily
Transaction Limit
▪ Per day limit is ₹15 lakh
▪ No limit to pay Taxes/Government dues
(Ref.: DBD Cir. No. 34/2015)
50. Death Claim Timeline

15 Days
Our Bank’s guideline is as under:
i. In case of deposit accounts and lockers having nomination/survivorship mandate, the claim
in respect of the deceased customer should be settled and payment to the nominee /
survivor(s) should be released within a period not exceeding 15 days from the date of receipt
of the claim subject to the production of proof of death of the deceased customer and
suitable identification of the claimant(s) to the satisfaction of the branch manager; and
ii. In the case of deposit accounts and lockers without survivorship mandate / nomination, the
claim should be settled, in accordance with the bank’s guidelines, within 1 month from the
date on which the requisite documents are submitted)
(Ref. Circular Law Division 08/2022 dated 31.03.2022 Settlement of claims pertaining to
deceased / missing customers of the bank)
51. Under Capital Gain Scheme, out of given option which is not allowed Auto Renewal
52. Reporting to CRILC ₹5 Crore & Weekly
53. LEI Digit 20
54. Under Liqui Scheme, TOL/TNW should be___
6:1
(In our bank, related scheme is PNB Sampatti, relevant guideline is as under:)
The Financial ratios: Average DSCR 1.25, with minimum of 1.10 during entire repayment
period (for TL and OD with reducing DP). Interest Coverage Ratio as per IRMD guidelines shall
be ensured.
(Ref Cir MSME 15/2022 dt 17.02.2022 PNB SAMPATTI Scheme)

55. Nari Shakti Concession in Processing Charge for loan above ₹200 Lakh 50%
(As per our bank guidelines, No concession in Processing fee is available however for
concession in ROI guidelines is as under)
0.50% concession shall be available to women entrepreneurs enterprises classified under
Priority Sector and 0.25% under non priority sector under women Empowerment campaign.
However, minimum lending rate after giving all rebates shall not be below Applicable
Benchmark.
An enterprise shall be classified as a Women Entrepreneurs’ Enterprise where:
▪ One or more women entrepreneurs have not less than 51% financial holding.
▪ In case of partnership concerns, one or more women partners have not less than 51%
profit/loss sharing ratio as per the Registered Partnership Deed
(Ref. Cir IRMD L&A no. 42/2020 dated 26.03.2020)
56. Moratorium in repayment of term loan to establish Solar Roof Top

6 Month
(As per our bank guidelines, No moratorium specifically allowed. The relevant guidelines for
repayment of term loan is as under:)
▪ As per housing loan scheme where mortgage of house is available.

▪ On Standalone Basis: where solar system is installed on standalone basis and applicant
is not ready to mortgage the property, maximum 5 years repayment period to be
permitted.
(Ref: RAD circular 30/2021 dated 15.03.2021 FINANCING OF SOLAR POWER SYSTEMS)
57. Ceiling for Co Lending Limit to NBFCs ₹400/- Crore
Our Bank’s guideline is as under: (In our bank, as per

NBFC (incl. HFC) Rating Max. Outlay allowed per NBFC (incl HFC) Rating grade)
AAA/ AA Rated ₹2000/- Crore
Max. Loan Outlay A Rated ₹1000/- Crore
Per NBFC (Incl. BBB Rated (for Agriculture) ₹500/- Crore
HFC) MFI Rating Max. Outlay allowed
MFR 3 ₹500/- Crore
Loans originated under the CLM shall have ticket size as under
Minimum
Ticket Size No minimum limit
per Loan
Max. Ticket HFCs As per RBI prescribed
Ticket Size Per Size per loan regulatory limits under PS
Loan Lending and Classification
Secured MSMEs ₹10.00 Crore
Unsecured MSMEs, ₹50.00 Lakh
Agriculture &
Others (segments
eligible for
classification under
PS)
(Ref. Agriculture Division Cir. No. 34/2022 dated 06.06.2022, Policy On Co- Lending by Banks
and NBFCs Including HFCs to Priority Sector)
58. Whistle Blower status Reporting to ____ ACB
59. Technology Enabled

Theme of EASE 4-Agenda Simplified and
Collaborative Banking
60. RIDF managed by NABARD
61. Partnership Liability Joint and several

62. MSME Rehabilitation Delegation
Our Bank’s guideline is as under:
Policy for Restructuring of MSME Advances and Framework for Revival & ₹10 Lakh by BM
Rehabilitation (FRR) for MSMEs (Loaning Powers under FRR for MSMEs) irrespective of DA
Discretionary Powers for granting additional exposure and relief and concessions under FRR
for MSMEs.
SN Nature of Incumbent of CHCAC ZOCAC HOCAC I &

GBBs/ ABOVE
facility/ relief & concessions
PLP/MCC
I Aggregate commitment under

rehabilitation / restructuring
Up to vested loaning powers as per loaning power chart in force.
package including funding
However for FITL & WCTL, loaning powers for sanctioning of
of irregularity into
Unsecured fund based loans would be exercised. Further, GBB will
FITL and WCTL
have powers to consider FITL & WCTL without increase in existing
and additional limits for
exposure.
working capital and term
loan.
II Waivement of Processing fee/ No Powers Full Powers
penal interest and other
penalty
III Repayment period for Maximum Repayment period defined as below:
restructured debt (existing as
well as fresh TL), which shall
also include extension of
moratorium period
a. Micro & Small enterprises 10 years Full powers
b. Medium Enterprises 10 years Full powers
IV Reduction in margins Reduction from existing level by *
(including NFB limits)
NIL 10% 15% Full power
*subject to RBI guidelines with regard to minimum margin
wherever stipulated.
V Reduction in Rate of Interest In case existing facility is on MCLR, the Full Powers
For Fresh/Additional Term ROI should be linked with RLLR only before subject to the
Loans/ Working Capital restructuring and no reduction in ROI shall rate of interest
Facilities be allowed on account of restructuring in after allowing
Field powers. relaxation
should not be
below RLLR
Sanctioning authority as per delegated powers as prescribed above are empowered to

reschedule repayment of viable MSME units in Standard category and when the account
is being restructured for the 1st time except the following cases:
I. Incumbents cannot reschedule own sanctions which will be considered by next higher
authority.
II. Reschedulement of debt in any account within one year of first sanction or sanction of
term loan shall be approved by next higher authority.
III. In case of sanction of extension of repayment period of existing TL, maximum up to 7

years starting from the date of reschedulement, which shall also include extension of
moratorium period. The above extension shall, however, be subject to the condition that
overall repayment period of the account including this extension is not going beyond 10
years from the date of original sanction.
(Ref Cir IRMD L&A No. 175/2022 dated 24.11.2022, Policy & Framework for Resolution of Stressed Assets)
63. HL Priority Sector Limit (Where Population is 10 Lakh or above) ₹35 Lakh
64. Kisan Knowledge Centre (Bank Specific) Not on UBINET
65. Day NULM NIL margin for loan upto _______ ₹50,000/-
66. Agri Residual highest CERIAL

67. POSH (Leave to Women) (Bank Specific) 3 Month
68. Not paying with

Willful Defaulter related question
ability to pay
69. Standby Letter of Credit (Bank Specific) 25% and ₹1.25 Crore
70. CTO & CRO

Before launching any product, it is to be verified by:
(In our bank, relevant guidelines are mentioned in Policy for New Product Approval 2022-23,
relevant para is as under)
▪ APPROVAL PROCESS FOR NEW PRODUCT/ BUSINESS ACTIVITY:
Note: In case of digital payment product and services, owner division shall obtain approval/
clearance for go live from CISO before the launch
▪ APPROVAL PROCESS FOR NON-BUSINESS ACTIVITY / PROCESS / SYSTEM OR CHANGE IN
EXISTING PRODUCT/BUSINESS ACTIVITY
(Ref. IRMD Cir no. 16/2022 dt. 29.04.2022, Policy for Approval of New Product for F.Y. 2022-23)
71. Preliminary Examination Credit Related Sanctioning Authority one step higher (Bank
Specific) ₹1 Cr to ₹50 Cr
PNB STC-2, Lucknow 10 | P a g e

72. CMCC Division is Headed by
CGM-CMCC
(In our bank, the relevant division is CRMD which is headed by CGM-CRMD)
73. While extracting consumer CIBIL which is not required Income Detail
(Our bank’s guideline is as under:)
▪ For drawing of Consumer CIR, One of the following six identifiers is mandatorily required to
be filled in:
a) Income Tax ID (PAN) (mandatory in case of Experian) b) Passport number c) Voter ID number d)
Driving License number e) Ration card (to be used with other identifier) f) Aadhar Card number
(Ref. Cir. MISD no. 02/2021 dt.01.01.2021, Drawing CIRs From Bureau One Application)
74. STP Auto renewal under under Retail is available upto ___
(In our bank, facility for e-Renewal for loan upto ₹10.00 Lakh is available) ₹50 Lakh
(Ref Cir. IRMD L&A no 174/2022 dt 22.11.2022, Renewal of credit facilities)
75. Banks to report suspicious transaction report to FIU-IND within a period of_____
arriving at a conclusion that any transaction, whether cash or non-cash, or a series 7 Days
of transactions integrally connected are of suspicious nature
76. Terminology to popularize product Adware
77. Which step is not involved in IT Risk Analyze
78. Foreign Currency

Direct Quote
Fixed
79. Type of Risk based on given scenario Operational Risk
80. LRS for purchase of share abroad $2,50,000
81. Financial Report Submission RBI
82. Minimum and Maximum Tenure for NRE Term Deposit 1-10 Year
83. Below 750 mm

Dry Farming
rainfall
84. Clean Loan Personal Loan
85. Egg Production Technique Flocking
86. Constitutional Post

Kisan Samman Yojana (Bank Specific)
Holder
87. Full form of e-NAM

(eNAM is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified
e-National
national market for agricultural commodities. Small Farmers Agribusiness Consortium (SFAC) is the lead Agriculture Market
agency for implementing eNAM under the aegis of Ministry of Agriculture and Farmers’ Welfare, GoI)
88. Highest Woman SHG in which state Bihar
89. ₹25000/-;
ATM withdrawal Limit Rupay Classic/Platinum
₹60000/-

90. Highest Solar Absorption Plant Sugarcane
91. TD Breaking with permission of ALCO (Bank Specific) Non Callable

92. Minimum Collateral in “Turnover Plus” scheme
60%
(In our bank, related scheme is PNB PRIME PLUS)
Ref Cir: MSME 27/2020 dt 23.03.2022
93. Question on Current Account Scheme (Bank Specific) ₹50000/-
In PNB MyBIZ Plus Current account, Sweep in and Sweep out in multiples of
Minimum and Maximum Balance for Sweep in Sweep Out is ₹5 lakh and ₹10 lakh
respectively.
(Ref.: RBD Resource Cir No. 24/2020 Current Account Schemes)
94. Entire Banking
Systemic Risk relates to risk of
System
95. PMS V & VI Committee Quorum (Bank Specific) 5 Member
96. Opportunity Cost is also known as __

(Opportunity cost is commonly defined as the next best alternative. it is the loss of gain which
could have been gained if another alternative was chosen. It can also be explained as the loss Alternative Cost
of benefit due to a change in choice.
This concept that is widely used by promoters and business analysts to conduct feasibility
studies as well as to ascertain policy decisions to be taken)
97. Delegated Authority for CLM Retail CM and MSME AGM (Bank Specific) -
98. Margin under scheme “Financing Vehicle for Farmers” , up to ₹10 lakh – 10%
For Loan above ₹10 Lakh, Margin is 15%

(Ref.: PSFID/ PRIORITY SECTOR/ CIRCULAR NO. 09/ 2020 Financing Vehicles to Farmers)
99. Section 131 of Negotiable Instrument Act 1881 gives protection to Collecting Banker
Conversion
against___
100. Soil Health Card
Dharra Hari Khet Hara (Bank Specific)
Scheme
101. UMFB RM experience (Bank Specific) 3 Year
102. Professional Tax Section___ of IT Act Section 16(iii)
103. Business Correspondent Model initiated by RBI in Year_____ 2006
104. Senior Citizen : Interest on Term Deposit exempted under IT Act
(The Finance Budget 2018 introduced Section 80TTB, which provides a tax relaxation on
₹50000/-
interest income for the senior citizens of India. As per this section, any senior citizen as a
resident individual in India can claim a deduction of up to ₹50,000 from the interest income
earned on deposits during the concerned financial year)
105. Twitter reporting time
-
Converted to our Bank’s Guidelines: “Social Media Policy”
➢ An automated response to customer comments/ messages has to be set up for following
days :
• Non-working days and Holidays • After working hours
➢ Nodal Officers at HO Divisions must acknowledge the queries & complaints forwarded to
them through Social Media Cell or through Complaint Portal within 24 hours

106. Jointly Operated
ATM can’t be issued to
Account
107. Not work of CMCC Dept
Project Appraisal
(In our bank, related division is CRMD)
108. Largest producing vegetable Tomatoes
109. Fruits and Vegetable stress period Operation Green
110. Cheque return with voucher Goiporia Committee
(SCALE I to II) 06.11.2022
111. Max quantum of loan under Turnover Plus scheme (Bank Specific) -
(In our bank, related scheme is PNB PRIME PLUS)
(Ref Cir: MSME 27/2020 dt 23.03.2022)

112. Applicability of Aarogyam Scheme (Bank Specific) -
In our bank we have the LOAN GUARANTEE SCHEME FOR COVID AFFECTED SECTORS
(LGSCAS). The Scheme is applicable to all eligible loans sanctioned during the period from May
07, 2021, till March 31, 2023, or till guarantees for an amount of ₹50,000 Crore are issued
under the scheme, whichever is earlier.
(REF: MSME division Circular 47/2022; LOAN GUARANTEE SCHEME FOR COVID AFFECTED
SECTORS (LGSCAS)
113. Penalty for default in APY 1 % for each month
(Ref.: FINANCIAL INCLUSION DIVISION CIRCULAR NO: 05/2022 Atal Pension Yojna)
of default
114. If investment in machinery is ₹32 crores what should be the turnover to maintain the > 50 Crores and up
industry as medium enterprises to 250 Crores
(A Medium Enterprise, where the investment in plant and machinery or equipment does not
exceed ₹50 crores and turnover does not exceed ₹250 crores)
115. ATM cash withdrawal limit for BSBDA account. Same as other
(3 withdrawal in Metro and 5 withdrawal in Non Metro , per month free)
schemes
(Ref.: Cir. RLBD 8/2022 and DBD 74/2021)

116. Can Nomination be done by Minor? No
(A major person lawfully entitled to act on behalf of Minor can make nomination in Minor
account. IAD 32/2017)
117. Under which act Non-Profit Organization can be registered ? Company Act 2013
118. Authority to provide VPN bypass request at public space or home? (Bank Specific) -
119. Sexual Harassment Act passed in year_____ 2013

▪ The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act,
2013 (“Prevention of Workplace Sexual Harassment Act”) was made effective from
December 09, 2013 by the Ministry of Women and Child Development, India
▪ The Prevention of Workplace Sexual Harassment Act and the Prevention of Workplace Sexual
Harassment Rules have been enacted 16 years after the Supreme Court of India’s landmark
judgement in Vishaka and others Vs. State of Rajasthan (“Vishaka Judgement”). The
Supreme Court, in the Vishaka Judgment, laid down guidelines making it mandatory for
every employer to provide a mechanism to redress grievances pertaining to workplace sexual
harassment and enforce the right to gender equality of working women.

Finacle Menu asked in various scales during EXAM HELD ON 16.01.2022
1. Limit node Details Inquiry HLNDI
2. Temporary Overdraft Maintenance HACTODM
3. Issue of Duplicate Receipt of FDR HDUDRP
4. Collection of Charges in Loan account without GST PNBLACHG
5. Registration of Customer for APY APYREG
6. Modification in Collateral related to loan against Bank deposit// Collateral maintenance HLACM
menu
7. Issue of Duplicate DD HDDD
8. NPA Overdue Demand reminder/report HLAODR
9. Drawing Power Maintenance in Cash Credit Account HACDPM
10. Restructuring details entered with which menu RPCVD
11. Collection of Bank Guarantee Charges APCHCOLL
12. Inquiry in History of Partition accounts// Partition Account details inquiry Menu HPHINQ
13. Money Transfer Service in Forex MTSS
14. Collection of Locker Rent charges// Locker charges recovery menu HLKRCM
15. Syndicate ASBA for uploading the application file// ASBA Bulk upload menu SYNASBA
16. To increase Threshold limit THRESHLD
17. Reloading of Pre Paid Cards PPCLTM
18. At Day End, User login maintenance// User login status menu before day end HSAC
19. To register a customer for Atal Pension Yojana APYREG
20. To print duplicate demand draft HDDD
21. To print duplicate demand draft HDDD
22. To increase threshold limit in an account THRESHLD
23. For account drawing power maintenance HACDPM
24. To print Duplicate Receipt of Fixed Deposit HDUDRP
25. For Reloading of Pre-paid Cards PPCLTM
26. For Locker Rent Charge Collection Maintenance HLKRCM
27. For Non-GST Charge Calculation for Loans PNBLACHG

28. To enter Limit node details maintenance HLNM
29. For Inquiry on History of Partition Accounts HPHINQ
30. For Loans Overdue Demand Reminder/Report HLAODR
31. For Money Transfer Service in forex MTSS
32. For User login Maintenance HSAC
33. For collection of charges in Bank Guarantee APCHCOLL
34. For uploading application file in syndicate ASBA SYSASBA
35. To modify collateral details in advance against Bank Deposit HCLM
36. To maintain temporary OD HACTODM
37. To enter MIS details of restructured account wrt NPA RPCVD
38. FDR delink option HSCLM
39. Menu for loan partition details HPARTINQ
40. Menu for Reloading Prepaid Card PPCLTM
41. Demand letter in NPA accounts generated through ______menu LETGEN

Scale IV to V EXAM HELD ON 16.01.2022
DBTD
1. Per day transaction limit through virtual debit card ₹60,000/-
2. Credit Card Limit to scale IV staff, after retirement ₹3,50,000/-

[Pre-approved Credit Card Limits for Staff Members]
The staff members of the Bank are eligible to avail Credit Card facility with preapproved Credit
Card limit on basis of their scale/designation. The staff members who have been issued PNB
Credit Card will be permitted to continue such Credit Card with same credit limit even after
superannuation until expiry of the card issued to them.
After superannuation when the renewal of cards become due, the Credit Card limits to be
revised. The retired staff gets considerable income through pension and interest income of
terminal dues to serve their Credit Card dues. Cases where Ex-staff member has not availed
Credit Card facility earlier/during the service and wants to apply for Credit Card after retirement
under scheme applicable for ex-staff members, he/she may apply for the same. Credit Card
may be issued within the prescribed age limit i.e. upto age of 70 years
(Ref. Master Circular – PNB Credit Card CCD Cir No. 13/2022 dt.03.06.2022)
3. Per day transaction limit through USSD (*99#) ₹5000/-
4. Type of the Card which is not used for foreign Transactions Rupay PMJDY
5. Which statement is not true w.r.t. World Travel Card (WTC)? All are True
A) A small balance not exceeding US$ 100, for meeting any pipeline transactions till
the Completion of the respective settlement cycle.
B) Amounts that are authorized and remain unclaimed/ not settled by the acquirers
as of the date of redemption till the completion of the respective settlement cycle.
C) For the amount that are authorized but unclaimed/ not settled by the acquirer,
the issuer of such cards can hold such amounts until such transactions are processed/
settled by the acquirers within the prescribed settlement timeframe.
D) The resident Indian can retain up to USD 2000 in World Travel Card for his/ her
Subsequent visit to abroad
E) All are true
IAD
6. For CA Firms as External Concurrent Auditor, how many branches can be allotted for 5
Revenue Audit

7. As per RBIA policy Maximum Interval between Audits shall be determined on the Direction of Risk
basis of “Overall Risk Category” & “_____”
(As per Policy, Maximum Interval between Audits shall be determined on the basis of “Overall
Risk Category” & “Direction of Risk” of branch/office as per schedule given below:
Overall Risk Category Direction of Risk Maximum Interval Between

Audits (Months)*
‘Extremely High’ / ‘Very High’ Any direction 6
‘High’ 6-9
‘Medium’ Increasing 9-12
‘Medium’ Stable/ Decreasing 12-15
‘Low’ Increasing 12-15
‘Low’ Stable/ Decreasing 15-18
‘*’ The prescribed time interval between two audits will be reckoned from the date of the
previous RBIA Report)
(Ref. RBIA Policy 2022-23 IAD Cir No. 31/2022 dated 16.08.2022)
8. As per Staff accountability policy, lapses fall into ______broad categories Three
(1. Procedural lapses or casual negligence in the ordinary discharge of one's duties, and not
involving financial / legal liabilities/implications for the Bank. 2. Gross negligence, detection of
reckless lending. 3. Lapses with malafide intentions)
(Ref. STAFF ACCOUNTABILITY POLICY IAD Cir No.06/2022 dt.22.03.2022)
9. Staff Accountability Portal to track and monitor the status of staff accountability TMSAC
cases
(“Tracking and Monitoring of Staff Accountability Cases” TMSAC)
[Note: As per present guidelines, IAD circular no.29/2022 dated 02.08.2022 , a new portal
has been launched for ‘Examination’ of Staff Accountability i.e. SAP, this portal can be
accessed through a link given in NON CBS Application Home Page under Division name IAD or
through URL: https://appspnb.mypnb.in/SAMP (through internet), This portal is integrated
with HRMS/ EDW/eRBIA/eTHIC ]
10. Contract period for External Concurrent Auditor ________ 5 Years

[Generally, tenure of ECA with a bank shall not be more than 5 years on continuous basis.
Further, the age limit for retired staff engaged as concurrent auditors may be capped at 70
years {however, our Bank shall continue the maximum age limit of 65 years for empaneled
retired officers (EROs)}. However, no concurrent auditor shall be allowed to continue with a
branch/business unit for a period of more than 3 years. {As regards the tenure of Internal
concurrent auditor at any Branch/business unit, shall on continuous basis, be limited to a period
of 3 years}]
(Ref. CONCURRENT AUDIT POLICY 2022-23 IAD Cir No.21/2022 dt.29.06.2022)
11. Compliance Audit shall be conducted in at least ____ of non-concurrent audit 10%
branch/office every year.
12. Parameter for “High” rating assigned in Foreign Branch if Business Risk _____ and >60% and >50%
Control Risk____ respectively
(Ref IAD cir 31/2022 dt. 16.08.2022 RBIA policy)
13. Quick mortality cannot be classified due to Percolation

14. Snap Audit can be conducted if an off-site audit shows the risk direction increasing Two Notches
by _____compared to the previous risk assessment.
Head of Zonal Audit Office may take a view on conducting of on-site Snap Audit in the following
circumstances :-
a) Two consecutive off-site audits show the direction of risk as increasing: or
b) An off-site audit shows the risk direction increasing by two notches compared to the previous
risk assessment: or
c) Any major deviation/incident as reported in special report which could seriously affect the
working of the branch: or
d) On receipt of any alarming information/report: or
e) Occurrence of frauds/suspicious transactions
15. As per Whistleblower Policy, protection is available provided that it should not be Personal Gain
for________
[Note: As per policy, the protection is available provided that]
(i) The communication / disclosure is made in good faith
(ii) He / she reasonably believe that information, and any allegation contained in it, is
substantially true.
(iii) He / she is not acting for personal gain.
(Ref.: Whistle Blower Policy IAD Cir. No. 05/2022 dated 16.03.2022)
FRMD
16. In case Bank detects fraud in any account/transaction, the bank shall then report the Three Weeks
fraud to RBI within a period of _______of detection and report the case to CBI/Police,
as is being done hitherto.
Name of the Amount Medium of To whom it should be Timeline for
return involved in reporting reported reporting
the fraud
FMR - Report All frauds Softcopy XBRL system of RBI Within three weeks of
on actual or irrespective detection
suspected of amount
frauds involved
Flash report For frauds Hard Copy 1. Through a DO letter Within a week of such
(in addition to involving addressed to the PCGM/ frauds coming to the
FMR) ₹5.00 crore CGM-in Charge, DBS RBI, notice of the bank’s
and above central office, Mumbai. head office
2. Copy to CFMC,
Bengaluru
Should include amount involved, nature of fraud, modus operandi in brief, name of the branch/ office,
names of parties involved, their constitution names of proprietors/ partners and directors, names of
officials involved and lodging of complaint
Development FMR Update Softcopy As and when reported.
s in reported Application
FMRs (FUA)
(Ref. POLICY ON FRAUD RISK MANAGEMENT AND INVESTIGATION FUNCTIONS (FRMIF)

FRMD Cir No.48/2022 dt.18.07.2022)
17. Forensic audit must be completed within a maximum period of ____ days from 75 Days
authorizing the audit
18. eRBIA conducted under which pillar of BASEL Pillar-II

(Supervisory Review
Process)

Retail Asset Division
19. ODHL is not allowed for Under Construction

Property
20. Under HL-OD option: PNB Flexible Housing Loan, Borrower shall be entitled to____ 20%
increase in the original total limit sanctioned after a lapse of 5 yr. This will be subject
to borrower’s good repayment track record, adequate repayment capacity to service
the increased portion of the loan and market value of the property
21. Under PNB GREEN CAR (e-Vehicle) LOAN scheme, loan amount shall be 25 times of ₹100 Lakh
Gross Monthly Salary/ Pension/Income with a ceiling of ______ (for one or more
vehicles).
In-Charge PLP may relax the criteria with regard to number of times (i.e relaxation
in number of times of Gross Monthly Salary/Pension/Income to arrive loan amount
but within ceiling of ₹100 lakh) subject to monthly reporting of such cases to Zonal
Office
22. Under Home Loan, concession of _____ is available to the women borrower on the 0.05%
applicable rate of interest under all slabs except under CRE category.
23. In case of Housing loan 3rd onwards comes under Commercial Real Estate (CRE) and 0.50%
the applicable rate of interest will be ____ higher than the normal rate of interest
across all slabs.
24. Annual Income above ₹8.00 Lakh, Max. Permissible Deduction of Gross Annual 60%
Salary/Income (GAS/I) for Housing Loan
25. Under Pre-approved Personal Loan which is not taken (out of given option) Police Verification
Report
26. Correct Pricing for HL, VL (out of given option) RLLR+BSP

(+/-) Spread
MSME
27. PNB Electronic Dealer Scheme (PNB e-Dealer) for Indian Oil Corporation (IOCL) 25 days
Period of Advance/Limit Assessment: Maximum _____ - For all categories of dealers
(i.e. MSME & Non- MSME) and Grace Period shall be 5 Days
28. Under PNB E-Dealer Scheme For M/S Ashok Leyland Limited (ALL) step up interest 60 days
shall be levied after_____
Step- Up Interest:
▪ During the grace period of 15 days i.e. after 60 days of each drawal – 2% over the
applicable Rate of Interest
▪ After grace period i.e. after 75 days- 4% over the applicable Rate of Interest
Penal Interest:
Apart from the aforesaid Step- Up Interest, penal interest such as non-submission of
renewal papers on time, extension in validity of sanction etc. as per Bank’s guidelines
shall be charged. However, other penal interest shall be as per Bank’s maximum
penal interest criteria of 3%.
(Ref. MSME Cir. No.54/2021 dt.07.08.2021)

29. Under SATAT Scheme, Moratorium & Completion period are____ &_____ Upto 24 Months,
respectively.
18 Months
(Moratorium upto 24 month including Construction Period/ Achievement of COD upto 18 month)
10 times of Credit
30. Under E-Shishu (Mudra) Scheme, which is correct w.r.t. assessment of loan limit:
Summation in last
(Loan limit will be lowest of Loan Amount Requested or Cost of Goods/Articles to be purchased 6 Months
or 10 Times of the credit summation in the account in the last 6 months) (Correct Option)
31. Under PNB Prime Plus scheme , which of the following is not true w.r.t. to
Construction Contractors:
a. Sub-Contractors executing works on behalf of Principle contractors shall be
eligible
b. Minimum Collateral should be 40% Option: B
c. Business units should have been established in their line of business for
minimum of 1 year and the unit should have a Cash Profit in the immediate
preceding year
d. Assessment of OD limit shall be as per Cash Budget Method.
e. All are true
(Minimum Collateral should be 50% which can be further reduced to 40% by ZOCAC)
32. Under E-Shishu (Mudra) Scheme to be eligible, there should be minimum ____ 3
customer induced transactions (Debit and/ or Credit) in the account in each quarter
during the past 6 months
Reduced rate of
33. Main feature of PNB Shikhar Scheme in 3S campaign
interest by 50 bps
i.e. 6.60% onwards
34. Psbloansin59minutes portal is an initiative of a PSB lead consortium lead by SIDBI Capita World
and the portal is developed by _____ Platform Pvt. Ltd
35. Under ECLGS 3.0, other than aviation sector the amount of GECL funding to eligible 50% and ₹200.00
borrowers would be up to__% of their total credit outstanding (fund based only) crore
subject to a cap of ₹_______per borrower.
(Eligible Loan Amount (GECL 3.0 Extension):
a) Other than aviation sector (i.e. Hospitality and related sector):- the amount
of GECL funding to eligible borrowers in the form of additional working capital
term loan facility would be up to 50% of the total credit outstanding (fund based
only, net of ECLGS support already received, if any) as on 29.02.2020 or
31.03.2021 or 31.01.2022, whichever is higher subject to cap of ₹200 crore per
borrower and the borrower meeting all the other eligibility criteria.
b) Aviation Sector: the amount of GECL funding to eligible borrowers either in form
of fund based additional working capital term loan or Non-fund based facility
would be up to 50% of their total credit outstanding (both fund based and non-
fund based outstanding, net of ECLGS support already received, if any) as on
29.02.2020 or 31.03.2021 or 31.01.2022, whichever is higher, subject to a cap of
₹400 crore per borrower and the borrower meeting all the other eligibility criteria.
c) However, for airlines, the maximum eligibility shall be 100% of their total credit
outstanding (both fund based, and non-fund based outstanding, net of ECLGS
support already received, if any) as on 29.02.2020 or 31.03.2021 or 31.01.2022,
whichever is higher, subject to a cap of ₹ 1,500 crore per borrower (of which ₹500
crore to be allowed only subject to proportionate equity contribution by the
promoters/owners) and the borrower meeting all the other eligibility criteria.

(Ref Cir MSME 67/2022 dt 13.12.2022 ECLGS 3.0)
36. Minimum collateral coverage under PNB Transport Scheme above ₹10.00 Lakh 50% or
(Collateral Security Norms) Guarantee

Coverage
Upto ₹10.00 Lakh: NIL (to be covered under CGTMSE)
Above ₹10.00 Lakh:
✓ 50% collateral Security in the shape of immovable property/ eligible liquid
security from the borrower
OR
✓ Credit Guarantee Coverage under CGTMSE/CGSSI for the entire
exposure as per the extent guidelines
Exemption of Collateral security/ CGTMSE/CGSSI Coverage for existing
business loan borrowers having loan requirement above 10.00 Lakh:
No Collateral security/ Credit Guarantee Coverage under CGTMSE/CGSSI is to be
obtained from our existing business loan borrowers having good conduct of account
with the following conditions:
a) Loan without collateral security or CGTMSE/CGSSI coverage shall be
maximum upto 50% of borrower’s existing exposure or ₹1.00 Crore,
whichever is lower. However, ZOCAC & above may sanction loan without
Collateral security or CGTMSE/CGSSI coverage without any cap on case to
case basis.
b) Internal Risk Rating (IRR) of the Borrower should be minimum of B1 and
equivalent at the time of considering the proposal and External Rating (If
applicable) should be minimum of BBB.
c) Existing account of the Borrowers be classified as Standard regular as on
date of sanction of loan under this scheme.
d) Existing account has never remained SMA2/ NPA in the past 6 months.
e) Borrower’s account has never been settled/written off in the past excluding
Credit Card facility.
(Ref. PNB Transport Scheme, MSME Cir. No. 57/2021 Dated 16.08.2021)
IRMD
37. For financing ship-breaking, Period required for dismantling the ship normally not 12 months
exceeding ______or as stipulated by Sanctioning Authority on ship-to-ship basis
38. Calculate the DSCR, if the Profit After Tax is ₹240.00 Lakh, Income Tax paid ₹90.00 3.75:1
Lakh, Interest on Term Loan ₹45.00 Lakh, Instalments of TL ₹75.00 Lakh and
Depreciation ₹75.00 Lakh.
(Gross DSCR = PAT+Dep.+TL Intt./TL Intt.+ Instalment i.e.
240.00+90.00+45.00+75.00/45.00+75.00 = 450/120 = 3.75:1)
39. Under 2nd method of MPBF for assessment of working capital, the margin is calculated 25% of Current
at ____ Asset
40. NBG-I (Headed by ED-Corporate Credit) for exposure of above_____ ₹50 crore and upto
₹200 crore
41. As per BASEL-III norms, the capital requirement for market risk is assessed by Banks Standardized
using which method approach [maturity
method and duration
method] and Internal

Model Approach
42. Under Transfer of Loan Exposure (Pool Purchase), Aggregate exposure as transferee 3.50%
from all transferor excluding portfolio purchased under Partial Credit Guarantee
scheme of GOI, shall not be more than _____of gross advances as on previous
quarter or ₹35,000 crores, whichever is lower
43. Minimum Tier-I capital required by Banks as per BASEL-III for India as adopted by 7%
RBI
44. The ZRMC shall act as ______of defense 2nd Line
45. Disclosure Norms as per ____ Pillar of BASEL The 3rd Pillar
(Market Disclosure)
46. PLP loaning power for KCC including WC for Husbandry & Fisheries, Kisan Gold >₹10 Lakh to ₹100
Scheme and SHG (Where branches linked with MCC) Lakh
(PLP loaning power for other Agricultural Advances including Investment Credit: >₹5 Lakh upto
₹100 Lakh)
47. Risk weight of NPA restructured taken over account till not standard 100%
48. Sensitivity Analysis under HAM Project 5% change in

Revenue
[Note: Sensitivity Analysis]
To be carried out on key variables which may impact the servicing of debts. Since
the servicing in this case is to be done out of future toll collection/ fixed annuities,
the sensitivity analysis in respect of following three variables, as may be applicable,
be carried out:
i) Increase in interest rate by 100 bps

ii) Increase in operation & maintenance cost by 5%;
iii) Reduction in revenue by 5%
In case the Sanctioning authority is of the opinion that the key variable factors are
highly volatile for some case/period, the Sensitivity analysis may be carried out at
10% instead of 5%.
(Ref. Policy for Financing Securitisation of Future Toll Collection/ Discounting of Annuity
Receivables in BOT Road Projects & HAM, IRMD L&A Cir No.146/2021 dt.27.09.2021)
RLPLR (PNB Prime Advantage) is not applicable for _____
49. ‘A’ rated Corporates
(Now this scheme has been discontinued)
At present PNB RLLR ELITE, wherein Target segment borrowers are given as
under:-
▪ PSUs, Central & State Govt. Undertakings including their NBFCs (irrespective of ERR)
guaranteed by Central Govt. /State Govt.
▪ All India Financial Institutions (NABARD, EXIM, SIDBI & NHB).
▪ Entities (Corporates including NBFCs, PSUs, Central & State Govt. Undertakings (including
their NBFCs)) not guaranteed by Central Govt. /State Govt. having ERR AAA & AA except
Banks.
▪ ‘A’ rated corporate borrowers
Under PNB SAMPATTI scheme, enhancement can be considered after ______ of
50. 1 Year
original sanction of OD limit on merits of the case. In case the enhancement has to
be made before _____, it can be considered by authority one step higher but not less
than CHCAC

51. Key Ratio not prescribed in Resolution Framework ICR
(The ratios defined for the framework are DSCR, DER, Current Ratio, Loan Life Ratio)
(Ref Cir IRMD L&A 175/2022 dt 24.11.2022 Resolution Framework)
52. Repayment Period in TOLL/HAM Project Instalment of
principal & interest
[Repayment: The repayment should be worked out in such a manner that the
should be aligned
periodic instalment of principal & interest are aligned with the future cash flows.
with the future
Further, TL shall be repayable within the period for which the future toll collection is
cash flows
reckoned for computing the loan amount i.e. within the concession period as
envisaged in the concessionaire agreement. The instalments may be equated or by
way of ballooning depending upon the future cash flows]
(Ref. Policy for Financing Securitisation of Future Toll Collection/ Discounting of Annuity
Receivables in BOT Road Projects & HAM, IRMD L&A Cir No.146/2021 dt.27.09.2021)
Govt. Sponsored Schemes / Govt. Business /Retail Liability/ Operations
53. For exit from NPS Swabhalamban scheme, the subscribers have to invest 80%
minimum__% of accumulated savings (pension wealth) to purchase annuity.
(Scheme has been discontinued w.e.f April 1, 2015. The subscribers of Swavalamban/ NPS
Lite who are in the age group of 18-40 years have been given option to migrate to new Atal
Pension Yojana (APY) launched by the Govt. of India in May 2015 which provide minimum
guaranteed pension and is focused towards the poor and the under-privileged citizen of India.
NPS Lite/ Swavalamban subscribers who are above 40 years of age and thus cannot migrate
to APY can continue in the Swavalamban scheme till they attain the age of 60 years. If they
wish, they can also exit from the scheme)
54. Premature withdrawal from NPS is permissible after completion of years and 5,20%,80%
subscriber can withdraw maximum % of the corpus as lumpsum and
minimum % of the corpus has to be utilized for purchasing an annuity plan for
receiving the pension.
(After completion of 5 years or before completion of 03 years (if subscriber joined NPS after
attaining 60 years of age), 20% and 80% respectively. If the accumulated corpus is less than
₹2.5 lakh, the entire corpus is paid as lumpsum to the subscriber)
55. Credit Enhancement Guarantee Scheme for Scheduled Castes (CEGSSC): Maximum ₹5.00 Crore
Amount of Guarantee Cover
Other Information:
• Amount of guarantee cover – Minimum ₹0.15 crore and maximum ₹5.00 crore
• Tenure of Guarantee – Maximum 7 years or repayment period whichever is earlier
56. Maximum limit of collateral free loans to be extended by Banks to women SHGs under ₹20.00 Lakh (with
NRLM CGFMU guarantee cover)
57. PPF Account can be opened with minimum and maximum deposit per ₹500/- and
financial year @ ___respectively ₹150000/-
58. Sukanya Samridhi Account holder must be Girl Child
59. Form which is used as application for opening Sukanya Samridhi Deposit and Senior Form-I in both
Citizens Savings Scheme cases
60. What is NMFI in PMJDY National Mission

for Financial
Inclusion

61. Rate of interest payable by banks on DEAF _________ 3%
(Rate of interest payable by banks to the depositors/claimants on the unclaimed (w.e.f. 11.05.2021)
interest bearing deposit amount transferred to the Fund shall be 3% simple interest
per annum)
62. Loan limit under CGSSD Scheme ₹75.00 Lakh
63. Condition of legal action for claim under CGTMSE may be waived for claim amount ₹1.00 Lakh
up to__
64. Minimum and maximum Loan Amount under 3rd Tranche of PM SVANidhi Minimum
₹30,000/-,
Maximum
₹50,000/-
65. Minimum QAB in PNB TWIN (CA+SF) Scheme for Saving Account ₹25,000/-
(Note: Minimum QAB for CA: ₹50,000/- If QAB is maintained in CA; no QAB charges in SF will
be levied even if prescribed balance is not maintained)
66. The Positive Pay System is mandatory for inward clearing of cheques of____ ₹10.00 Lakh &
above
(The facility of Positive Pay System (PPS) has been made live w.e.f. 04.04.2022 in our bank
through all branches, Internet Banking Services -Retail & Corporate, PNB ONE & SMS Banking.
The customers may avail the facility of Positive Pay System (PPS) by submitting the requisite
details of the cheque issued by him/her through Branch/IBS (Retail & Corporate)/PNB
ONE/SMS Banking)
67. The Positive Pay System is developed by NPCI
SASTRA
68. Fraud/Willful default OTS powers for cases ₹3 Crore HOCAC II & III
69. Which one is not a part of SASTRA Portal (out of given option) Staff Accountability
(The SASTRA portal has 5 different modules i.e. NCLT, DRT, SARFAESI, OTS & Willful
Defaulter Modules)
(Ref SASTRA Cir 10/2021 dt 10.03.2021 SASTRA PORTAL)
70. Provisioning requirement for secured portion of a Doubtful Asset up to 2 years 40%
71. Commission to be paid to Corporate BC to pass on BC agent in case of recovery in 5%

NPA accounts
72. The Pre-Packaged Insolvency Resolution Process for MSMEs introduced in IBC with Swiss challenge
use of method of bidding to get best possible resolution plan. method
(A ‘Swiss challenge’ is a method where a bid is published and third parties are invited
to match or better it. This system has been specifically provided in PPIRP regulations.)
73. Appellate authority for Corporate Insolvency Resolution in case of LLPs NCLAT
74. NPRV > Recoverable Dues then min Indicative amount for OTS Recoverable Dues
75. Limit for Settlement in NPA account without Auction ₹100.00 Crore

76. Short duration Crop season means crop harvested within ____ & Crop loan becomes 12 Months, 2 Crop
NPA if the instalment of principal or interest thereon remains overdue for ____ Seasons
(Short duration means crop harvested within 12 months, Long Duration means crop
Harvested after 12 months, Crop is short duration or long duration is decided by SLBC
in each state)
ZOCC
77. Under Non-Discriminatory and Non-Discretionary Special OTS scheme for NPA
accounts upto ₹5.00 Crore, cases of eligible Quick Mortality cases having balance (Zonal Office
outstanding upto ₹3.00 Cr shall be considered by______ Compromise
Committee)
(Ref. NDND Special OTS Scheme for 2022-23 SASTRA Cir No. 32/2022 dt.02.07.2022)
78. The cases where NPRV is less than the book outstanding or Zero and Book ₹10.00 Cr
Outstanding is more than_______, then before considering OTS Proposal, Detective
Agency should be engaged (If previously not engaged) and the assets traced out by
Detective Agency should be taken into cognizance during negotiation/ approval of
OTS, however, HOCAC-III & MC shall have full powers to waive this condition on case
to case basis based on proper justification.
(Ref. Policy for Recovery & Management of NPA SASTRA Cir No. 24/2022 dt.27.04.2022)
79. Circle Office Level Committee which is empowered to approve empanelment of the COCEOA
Recovery Agencies for NPA Accounts upto ₹10.00 Lakh
(Note: – Circle Office Committee for Empanelment of Outsourcing Agencies (COCEOA)
comprising of following members:- a. Circle Head – Head of the Committee b. Dy. Circle Head
c. Circle SASTRA Head d. Chief Manager/Senior Manager of Circle Office (As nominated by
Circle Head) – Convener)
(Ref.: Guidelines for Engagement of (i) Recovery Agencies/ Resolution Agents (ii) Supporting
Agencies (iii) Detective Agencies SASTRA Division Cir No. 17/2022 dated 20.04.2022)
80. Convenor of circle office settlement committee CM/SM/Manager of

Circle Office
nominated by Circle
Head
Agri & FI
81. BC Agent Age in respect of individual BCA should not be less than _____ and not 18 Years, 60 Years
exceeding _____ at the time of selection and would continue till the age of 65 years
subject to annual review
(Ref. FI Cir No. 06/2022 Dated 20.04.2022: Policy guidelines on Business Correspondents)
82. The exposure limit for business developed by a Corporate BC would not be more than 50%
____of the total business developed by the CBCs collectively.
83. Commission paid to BC Agent on cash withdrawal (off us) 0.25% of the cash
(Ref. Commission Structure for BC Agents, FI circular letter no. 2 /2021. Dt 30.03.2021)
handled with max.
₹12/- per account
per day
84. Co-lending by Banks to registered NBFCs (including HFCs) will be eligible for 80%
classification subject to the maximum share of _______% of the individual loans on
a back-to-back basis in their books

85. Commission payable to BC for enrolment of PMJJBY ₹30/- in case of full
(Ref. Revised Annual Premium under PMJJBY & PMSBY for 2022-23 : FI circular no. 12 /2022
year premium
dt.02.06.2022)
86. Commission payable to BC if the prorate premium collected for PMJJBY enrolment ₹15/-
is ₹228/- for enrolment
dt.02.06.2022)
87. Device given to BC PAX-D-180, PIN

(Ref Cir PSFID 04/2021 dated 30.01.2021)
PAD
Miscellaneous
88. Tier-1 capital as on 30.09.2022 ₹76,036 Crore
(12.20%)
89. RAM share to Domestic Advances as on 30.09.2022 53.5%

(RAM figure as on 30.09.2022 : ₹425930 Crore)
90. Broad Roles and Responsibilities of Bank CISO: -

• Preparation and implementation of information security policy, procedure, guidelines of the
Bank
• Plan and establish Bank-wide Information security Management System (ISMS)
• Periodically evaluate and review effectiveness of information security policies, procedures,

standards, guideline and processes, ISMS etc
• Monitoring of effectiveness of information security related tools/ techniques/ systems and
upgrading it based on best practices in industry
• Implementation, operation and monitoring of Security Operation Centre (SOC)
91. Expand FIDF Fisheries and

Aquaculture
Infrastructure
Development Fund
92. Which one is shown in Balance Sheet as eligible investment by commercial banks Investment in JV/
Subsidiary (including
(Ref. RBI Master Direction on Financial Statements - Presentation and Disclosures RRBs)
dt.30.08.2021)
93. Which one is not diversion of fund (Out of given option) Own fund use for
other purposes
External: (RBI/General Banking/Priority Sector/Miscellaneous Acts)
94. As per RBI directives, Banks should ensure to obtain new renewed locker agreement 1stJanuary 2023
by which date?
95. As per RBI guidelines to ensure of supply of coins to public, Bank Branches should One
maintain a minimum stock of ____bag of coins in each denomination
96. Primary issuance and secondary market trading hours for Certificate of Deposits shall 9.00 AM to 5.00 PM
be between__ to __on a business day or as specified by the Reserve Bank from time
to time

97. Inchoate instrument is defined under which section of NI Act Section 20
98. ______ department of RBI is looking after monitoring of ATM cash replenishment Issue Department
99. With effect from which date, RTGS started operating round the clock throughout the 14th December
year 2020
100. DCCO full form Date of

Commencement of
Commercial
Operation
101. Which act / section allows RBI to direct Banks in matters related to initiation of Section 35AA of the
insolvency proceedings against specific borrowers under the Insolvency and BR Act, 1949
Bankruptcy Code, 2016 (IBC) for resolution of stressed assets
102. LIBOR discontinued reasons LIBOR

(Secured Overnight Financing Rate (SOFR) is the main replacement for LIBOR in the United
manipulation
States. This benchmark is based on the rates U.S. financial institutions pay each other for
overnight loans)
103. Eligibility of Five Star Export House Export

Performance FOB /
FOR (as converted)
Value 2000 in US $
million
104. If OVD furnished by the customer does not contain updated address, then Deemed 3 Months
OVDs for limited purpose of address can be accepted provided that the customer
shall submit updated OVD with current address within a period of _________
105. Where refund has been claimed from DEAF, Banks shall preserve records/documents 5 Years
in respect of such accounts and transactions, for a period of at least _______ from
the date of refund from the fund
106. Rate of interest payable by banks to the depositors/claimants on the unclaimed 3% simple interest
interest-bearing deposit amount transferred to DEAF w.e.f 11.05.2021 per annum
Money market instruments for borrowing or lending in unsecured funds for periods
107. Term Money
exceeding 14 days and up to one year is termed as
108. Period of Notice Money___ Between 2 to 14

days
109. What limitation will remain in the colour photocopy of a CTS cheque Watermark
Legal Entities
110. As per RBI guidelines CKYC also started for _______other than natural persons
(LE)
111. Risk weight assigned to an Unsecured NPA restructured account where specific 100%
provision is 30%
112. Short duration Crop season means crop harvested within _____ & Crop loan becomes 12 Months, 2 Crop
NPA if the instalment of principal or interest thereon remains overdue for ____ Seasons
(Short duration means crop harvested within 12 months,Long Duration means crop
Harvested after 12 months, Crop is short duration or long duration is decided by SLBC
in each state)

113. Sector newly included under MSME Retail and
wholesale Trade
114. District consumer disputes redressal commission has jurisdiction to entertain ₹1.00 Crore
complaints where the value of the goods or services paid as consideration does not
exceed ________
115. Coin which is not a legal tender as of now 25 paise
116. Reporting of Forex Transaction FETERS

(FETERS -Foreign Exchange Transactions Electronic Reporting System)
117. Penal interest payable by Banks for delay in immediate refund/credit to government Bank Rate + 2%
account is made for wrong claim made
118. Committee constituted under FIDF scheme for approval of the project submitted by Central Approval
the private entrepreneurs and Monitoring
(FIDF= Fisheries and Aquaculture Infrastructure Development Fund)
Committee (CAMC)
119. How to calculate Earnings per Share (EPS)?

(Basic earnings per share should be calculated by dividing the net profit or loss for the period attributable to equity
shareholders (after deducting preference dividends) by the weighted average number of equity shares outstanding during
the period)
120. How to calculate P/E Ratio of a share?

(P/E Ratio is calculated by dividing the market price of a share by the earnings per share)
121. Cheque is a type of Bill of Exchange
122. Authority to decide penalty on Currency Chests Officer-in-Charge of

the Issue Department
of the Regional
Office
123. Unsecured exposure’ is defined as an exposure where the realisable value of the 10%
security, as assessed by the bank /approved valuers / Reserve Bank’s inspecting
officers, is not more than _______, ab-initio, of the outstanding exposure.
124. KYC Positive Confirmation to be done within Two Months

In case of a change only in the address details of the customer, a self-declaration of the new
address shall be obtained from the customer through customer’s email-id registered with the
RE, customer’s mobile number registered with the RE, ATMs, digital channels (such as online
banking / internet banking, mobile application of RE), letter etc., and the declared address
shall be verified through positive confirmation within two months, by means such as address
verification letter, contact point verification, deliverables etc]
125. 1st Stage of Money Laundering Placement
126. Indo-Nepal Remittance frequency Removal of the cap of

12 remittances in a
year per remitter in
case when remitter is
having account in our
Bank
127. ECB borrowing can be held in FD till 12 Months

(Ref: RBI External Commercial Borrowings (ECB) Policy Dt. 07.04.2021)

128. Definition of Transshipment Unloading from one
means of transport
and loading to
another means of
transport
129. Banks have been permitted to reckon Government securities as Level 1 HQLA under 18%
FALLCR within the mandatory SLR requirement up to 16% of their NDTL. Accordingly,
the total HQLA carve out from the mandatory SLR, which can be reckoned for meeting
LCR requirement will be ____of NDTL (2% MSF plus 16% FALLCR)
(Ref. Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR) RBI Cir
dt.18.04.2022)
130. Threshold for Personal Loan to Directors increased to___ ₹5.00 Crore
[Unless sanctioned by the Board of Directors/Management Committee, Bank should not grant
loans and advances aggregating ₹25 lakh and above to ]
(a) Directors (including the Chairman/Managing Director) of other banks;

(b) any firm in which any of the Directors of other banks is interested as a partner or guarantor;
and
(c) any company in which any of the Directors of other banks holds substantial interest or is
interested as a Director or as a guarantor.
(d) For personal loans granted to any director of other banks, the above threshold will be ₹5
crore)
131. Timing of G-Sec Market 9:00 AM to 3:30 PM

[RBI Market Trading Hours]
(Ref. RBI Market Trading Hours Cir. Dt.07.12.2022)
132. Out of given option , which one is true w.r.t. Suspicious transaction Transaction appears to
Note: be made in
Suspicious transaction means a “transaction” as defined below, including an attempted circumstances of
transaction, whether or not made in cash, which, to a person acting in good faith: unusual or unjustified
complexity
a. gives rise to a reasonable ground of suspicion that it may involve proceeds of an offence
specified in the Schedule to the Act, regardless of the value involved; or
b. appears to be made in circumstances of unusual or unjustified complexity; or
c. appears to not have economic rationale or bona-fide purpose; or
d. gives rise to a reasonable ground of suspicion that it may involve financing of the
activities relating to terrorism
(Ref. Master Direction KYC-2016 updated upto 10.05.2021)

Example of Agriculture Infrastructure Fund Scheme (out of given option) Warehouse & Silos
133.
Note: Eligible projects under AIF

1. Organic inputs production 2. Bio stimulant production units 3. Nursery 4.Tissue culture
5. Seed Processing 6. Custom Hiring Center
7. Infrastructure for smart and precision agriculture
a. Farm/Harvest Automation
b. Purchase of drones, putting up specialized sensors on field, Blockchain and AI in

agriculture etc.
c. Remote sensing and Internet of Things (IOT) such as automatic weather station, Farm
advisory services through GIS applications.
11. Logistics facilities - Reefer Van& Insulated vehicles 9.Assaying Units

10. Supply chain services including e-marketing platforms 11. Warehouse & Silos 12. Cold
Stores and Cold Chain 13. Packaging Units 14. Primary Processing activities

Scale II to III and III to IV EXAMS HELD ON 16.01.2022
MSME
1. Maximum extent of loan under PNB GST Express scheme ₹2.00 Crore
2. Minimum collateral security required in PNB Contractor 50%
3. Maximum amount under PNB e-dealer scheme for IOCL ₹2.00 Crore
4. Repayment period in PNB Jeevan Rakshak scheme 60 months and

6month moratorium
5. Under MSME, Loan amount of up to _______ can be processed through PNB LENS ₹25.00 Cr
6. Maximum Loan Amount per Dealer under PNB e-Dealer Scheme for M/s Ashok ₹25.00 Cr
Leyland Limited (ALL) for Light Commercial Vehicle (LCV) for Vehicles
(Note: Limit for Spares Parts segment, if required, can be considered along with this dealer
finance scheme. However, Limit for Spares Parts segment shall be sanctioned outside the
purview of this scheme, as per the guidelines of the Bank)
Bank has specific scheme in place for financing Autos, Taxies, E-rickshaws,
7. JCB India Ltd
Commercial Vehicles (LCV/MCV/HCV), Cargo Vehicles. Our Bank has signed MoU with
______
Which of the following is not true w.r.t. SATAT scheme:
8.
a. Quantum of Loan: Minimum – ₹1 Cr Maximum - Need Based
Option: D
b. Financing Branch : Zonal Office shall designate one or more Nodal Branch for
this scheme under intimation to MSME Division, HO
c. Loan to Value for Term Loan: Maximum 70%
d. A Concession of 0.50% on Card is available under this scheme (Correct :0.25%)
e. All are true
Under PNB Transport scheme, OD Limit shall be allowed ₹50000/- per vehicle
9. ₹10.00 Lakh
financed by our Bank subject to maximum _____per borrower
(Note: OD limit shall be allowed against the vehicles financed by our Bank only,
having on-road purchase price of ₹ 5.00 lakh and above)
Which of the following is not true w.r.t. PNB Shikhar Scheme:

10. Option-D
a. Scheme is applicable only in Union Territories of Jammu & Kashmir and
Ladakh
b. Maximum-loan shall be permitted under the scheme is ₹ 200 lakh
c. 50% concession in Processing and Documentation charges shall be available
d. TAT for compliance of terms & conditions of sanction and disbursement shall
be 3 days
e. All are true
(Note: Compliance of terms & conditions of sanction and disbursement should be
adhered to within 2 days)
11. Under SATAT scheme, DSRA Equivalent to _____principal installment and interest 3 Months
amount. The DSRA should be created / built up latest by end of moratorium period
12. Maximum amount of MSME loan that can be in principally sanctioned through Up to ₹5.00 crore
psbloansin59minutes portal

13. Which of the following is true w.r.t. PNB Transport Scheme: Option-E
a. Margin shall be 15%. However for loan up to ₹2.00 Lakh , margin shall be 10% (All are true)
b. Maximum moratorium may be allowed for the period upto 3 months in cases
where body building is required for the vehicle .
c. No bench mark ratio is prescribed for loan aup to ₹10.00 Lakh. However for loan
amount ₹10.00 Lakh average DSCR should be minimum of 1.50 and it should not
fall below 1.20 during any year of the repayment period
d. For Term Loan maximum loan shall be allowed upto ₹ 5.00 Crore. For financing
Second Hand Vehicles minimum purchase price of the vehicle should be ₹5.00
lakh
e. All are true
Govt . Sponsored Schemes/Government Business/ Retail Liability/ Operations
14. Maximum project cost allowed under PMEGP for manufacturing sector ₹50.00 Lakh for
new units and
₹1.00 cr for
upgradation of
existing units
15. Maximum guarantee cover available under CGTMSE ₹2.00 Cr
16. Amount of collateral free loan under PMEGP ₹10 lakh
17. The extent of margin money by the borrower in StandUp India scheme is upto ____ 15%, 10%
of the project cost. However, the borrower will continue to contribute at least ____
of the project cost as own contribution.
(The scheme envisages 15% margin money which can be provided in convergence with the
margin money subsidy available through various Govt. sponsored schemes. However in all
cases, the borrower should bring minimum 10% of the project cost as own contribution)
18. Cash back facility available per Eligible Digital Transactions under PM Svanidhi All are true
Scheme for street vendors
(i) ₹1 cashback per Eligible Digital Transaction (EDT) till the first 50 EDTs
(ii) ₹0.50 cashback per EDT for the next 50 EDTs
(iii) ₹0.25 cashback per EDT for the next 100 EDTs
(iv) EDT to be a digital transaction of any value
(v) All are true
19. Dr. Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loans for Ministry of Social
Overseas Studies for Other Backward Classes (OBCs) and Economically Backward Justice &
Classes (EBCs) is developed and administered under which ministry Empowerment,
Govt. of India
20. Maximum amount of subsidy in Education Loan under CSIS ₹7.5 Lakh
21. Which options are correct wrt NPS Lite ? All are correct
1. Form 501 – Superannuation
2. Form 502 – Premature exit
3. Form 503 – Death
4. All are correct
(NPS Lite scheme now discontinued)

22. Which statement is wrong under PMSBY: Option-D
a. It is an Accident Insurance Scheme offering accidental death and disability cover
for death or disability on account of an accident
b. All individual bank/ Post office account holders in the age group of 18 to 70 years
shall be eligible.
c. The cover shall be for the one-year period stretching from 1st June to 31st May
for which option to join / pay by auto-debit from the designated bank/ Post office
account on the prescribed forms will be required to be given by 31st May of
every year
d. Premium per annum per subscriber is ₹12/- (Annual Premium is ₹20/-)
e. All are true
23. Pro-rata premium of PMJJBY for 4th quarter ₹ 114/-

(If the enrolment takes place during the months of –
a. June, July & August –Annual premium of ₹436/- is payable
b. September, October & November –3 quarters of premium @ ₹114.00 i.e. ₹ 342/-is payable
c. December, January & February – 2 quarters of premium @ ₹ 114.00 i.e. ₹ 228/-is payable
d. March, April & May – 1 Quarterly premium @ ₹114.00 is payable.)
dt.02.06.2022)
24. Maximum rate of premium payable by farmer as percentage of Sum Assured for 2.0% for Kharif and
Kharif and Rabi crops under PMFBY 1.50% for Rabi
crops
25. Under PMSBY, the maximum time limit for Bank to forward duly completed claim 30 days and 30 days
form to Insurance Company is ___ and maximum time limit for Insurance Company respectively
to approve claim and disburse money thereafter is_____
26. Coverage available for GECL 3.0 100 % by NCGTC
27. Minimum and maximum loan amount under MUDRA-Tarun Above ₹5.00 Lakh
and up to ₹10.00
Lakh
28. Maximum loan amount for which the interest subsidy during moratorium period for ₹10.00 Lakh
education loans is provided by Central Government under Pradhan Mantri Uchchatar
Shiksha Protsahan Yojana. (PM-USP), Central sector interest subsidy (PM-USP CSIS)
29. What are the components of 3S Programme? Smart Safety

(The Government of India will expand the 3S programme- Smart Safety Surveillance of WHO
Surveillance
in the country. The expansion is being done to make sure the vaccines distributed under
universal immunization programme are safe and also to optimize post- marketing surveillance
of priority drugs)
30. If a term deposit matures and proceeds are unpaid, the amount left unclaimed shall RoI as applicable to
attract Saving Account or
contracted RoI,
whichever is lower

31. Suppose your Banks annual Locker rent is ₹3000/- and the Break open charges is ₹11,000/-
₹2000/-, then how amount of security deposit can be collected from the customer
while allocating safe deposit locker
(Maximum 3 years rent + Breakopen Charges, Hence ₹3000 ×3 + ₹2000/- =₹11000/-)
32. PNB select account holder with good CIBIL is eligible for credit card if customer is Satisfactory 6
having_____ months relationship
(Ref. RLBD Cir No. 15/2021 dt.03.08.2021)
33. Permission be obtained from ZO for premature closure of PNB UTTAM FD having amount ₹5.00 Cr & above
Note: Premature withdrawal
▪ In existing case wherever FDR has already been auto renewed after maturity date and
customer request for premature closure, the premature closure is permitted and interest is
payable at normal rate of interest (callable) as per extant guidelines (i.e. with penalty clause).
▪ In case where FDR has been auto renewed after maturity, the power to approve premature
closure is as under:-
a) With face value greater than ₹15.00 lakh & less than ₹5.00 Cr should be done
after obtaining permission from respective Circle Office (Circle head or Dy. Circle Head in
absence of Circle Head).
b) For FDRs of ₹5.00 Cr & above, permission be obtained from respective Zonal Office
(Zonal Head or Dy. Zonal Head in absence of Zonal Head).
c) Any aspect not covered above, Domain Executive Director will be empowered for approval
of such cases. Permission in both cases (a) & (b) be obtained through SPSD or through e-
mail in proper format.
▪ In case of death of the Depositor (Single/ Joint)/ Bankruptcy/ winding up /directions by

court/ regulators/ receiver/liquidator, Premature withdrawal is allowed & interest to be paid
shall be as per the card rate for normal deposit for the period for which FD has run.
(Ref. RLBD Cir No. 13/2021 dt.05.07.2021)
34. Personal Accident (Death) Insurance cover in Rakshak Plus scheme for all ₹50 Lakh
alary/pension Account Holders of Defence & Paramilitary Personnel
Other Information:
Air Accidental insurance cover(death cover) ₹100.00 Lakh
Insurer: National Insurance Company Ltd.
Policy Period: 01.09.2022 to 31.08.2023
Terms & Conditions:
1. Credit of monthly salary/ pension for previous one month in the account immediate
before date of incident.
2. Air Ticket is purchased by using salary/ pension accounts through internet/ e-com
transactions or through Debit/Credit Card in case of death through Air Travel except the
circumstances where ticket is not required to be purchased from his/her account which
will still be considered as Air Accidental Insurance claim.
(Ref. RLBD Cir No. 23/2022 Dated 19.09.2022)

SASTRA
35. Commission to recovery agents for SMA-2 accounts 2.50%

(Commission payable to CBCs for onward payment to BC Agents)
Account Commission payable

SMA-2 2.50% on recovery of irregular amount
NPA (Non Suit Filed) including write off 5.00% on amount of recovery
(Ref. Policy on Engaging Corporate BCs/BC Agents for Recovery in NPA and SMA-
II SASTRA Cir No. 15/2022 dated 20.04.2022)
36. If reputed Recovery Agencies having good track of effecting recoveries of the Banks
are desirous of getting empanelled with other Circle Offices, they shall provide Bank
₹1 Lakh,
Guarantee/ Security deposit of ____for each Circle Office separately, subject to
maximum of _____ ₹3 Lakh
37. Through PNB pride App staff can enter details for SMA monitoring and ________ Lead Management
38. Initial recommended amount to be collected in an OTS 10-20%
39. Nominal amount to be left after written off ₹100/-
40. If NPVRV > Recoverable dues, then OTS amount Recoverable Dues
41. E-Auction waiver upto which amount for OTS ₹100.00 Crore
42. Convenor of circle office settlement committee CM/SM/Manager of

Circle Office
nominated by Circle
Head
43. Initial recommended amount to be collected in SOTS for balance upto ₹25.00 20% & 15%
Lakh______ & Above ₹25.00 lakh____
respectively
44. Calculation of recoverable dues in case of KCC Accounts 6%
Agri & FI
45. Maximum Commission paid to BC Agent for Fund transfer (other Bank through Maximum ₹10/-
AEPS/Rupay card) per account per day
(Ref. Commission Structure for BC Agents, FI circular letter no. 2 /2021. Dt 30.03.2021)
46. Commission paid to BC Agent for Indo Nepal remittance 0.40% of the cash
handled with max.
(Ref. Commission Structure for BC Agents, FI circular letter no. 2 /2021. Dt 30.03.2021) ₹30/- per account
per day
Retail Asset Division
47. Additional RoI wil be charged to finance Home Loan under CRE, which is____ 0.50%
48. In pre-approved PL (existing customer- Central Govt. /State Govt./PSU/ Pvt 60,1
employees), the entire loan (principal & interest) shall be repaid within maximum __
months and Repayment to start ___ month after disbursement of the loan

49. Which of the following is not true w.r.t. reimbursement under Green Car Loan
Scheme?
a. Existing customer with satisfactory track record

Option: C
b. All loan accounts running regular with nil inspection irregularity
c. Purchased the car out of own fund. For this purpose, documentary evidence
of payment made from own sources viz. statement of a/c or any other
document and independent verification of invoice from dealer be made
d. Reimbursement can be done for 4 months old car
(Correct Answer: Invoice date of the vehicle should not more than 3 months old)
e. All are true
50. Which of the following is not true w.r.t. Car Loan Scheme? Option: A
a. Loan amount (For individuals/Proprietorship concerns) shall be 25 times of

Net Monthly Salary (NMS)/ Pension/ Income with a ceiling of ₹100 lakh
(for one or more vehicles) Correct Answer: Gross Monthly Salary (GMS)
b. For Business Concern, there will no ceiling of loan amount (for one or more
vehicles)
c. No minimum monthly income/ no income proof is required in cases where

borrower agrees to give 110% of liquid security in shape of Term Deposit of
our Bank
d. Minimum net monthly salary / pension/ income – ₹25000/-. (For

individuals/Proprietorship concerns)
e. All are true
51. What is the eligible age for pre-approved personal loan Central Govt. /State No age criteria
Govt./PSU/ Pvt employees?
52. PNB Home Loan: Net take home in case Gross Annual Salary/Income (GAS/I) of the 30%
borrower is above ₹10.00 Lakh
[Repayment should be fixed on a realistic basis, which should not exceed the prescribed limit
of Gross Annual Salary/Income (GAS/I) of the borrower(s).
GAS/I Max. Permissible Deduction of GAS/I

Upto ₹5.00 lakh 50%
Above ₹5.00 lakh upto ₹10.00 lakh 60%
Above ₹10.00 lakh 70%
AGM PLP, CHCAC & above, shall permit higher %age deduction of GAS/I subject to Maximum
10% over & above the prescribed ceiling under each bracket of GAS/I]
53. Under myProperty Loan scheme - Restoration of OD limit is permitted after Three Years
______subject to satisfactory conduct of account
IRMD
54. Which of the following is not a credit information company? CRISIL

a. TU CIBIL b. CRIF Highmark c. Experian d. Equifax e. CRISIL
55. Power of loan for AGM headed PLP (Where branch is not linked with MCC) for MSME >₹10 Lakh to-₹10
loans crore

56. One question asked on LC
Example:
Calculation of Import LC limit:

Last year’s Import 3.6 Lakh, Margin 10%; Usance 3 moths, lead period 1 month Workout LC Limit?
Answer is 1.08 (3.60/3=1.20 Less 10% margin)
57. Minimum CRAR requirement for Banks in India as per BASEL-III adopted by RBI 11.50% including
2.50% Capital
Conservation
Buffer
58. Extent of loan to a Proprietor ₹50.00 Crore
59. Minimum______share of the aggregate exposure should be taken by our Bank under 10%
Consortium arrangement
(In cases where our Bank’s share is less than 10% of the aggregate exposure, for sanctions
falling under the loaning power upto the ZOCAC level, administrative clearance shall be sought
from HOCAC-I to enter such consortium)
(Ref. IRMD L&A Circular No. 162/2022 dt. 15.11.2022 on Consortium Arrangement)
60. Maximum exposure to capital market sector 40% of net worth

as on March 31st
61. Maximum exposure to single borrower is 20% and can be further allowed upto _____ 5%
62. What will be the DSCR of a unit if its Net Profit is ₹4.00 Lakh, Depreciation ₹1.00 2.75
Lakh, the interest on Term Loan is ₹0.50 Lakh and instalment of TL is ₹1.50 Lakh
{(4.0+1.0+0.50)/(1.50+0.50) = 2.75}
63. Numerical to calculate CR

Example:A firm is having Current Assets of ₹48 Lakh and the Net working capital is ₹12 Lakh. The Current
Ratio will be :1.33:1
64. What is the borrowers margin required while assessing Working Capital limit under 25% of Current
2nd method of MPBF? Assets
65. Which model is used in PNB SME score for renewal and enhancement under Model 5
manufacturing sector above ₹10 lakh
(5 Credit Scoring Models under PNB SME Score)
Model Loan Amount Description
1 ₹10 lakh and MSME Manufacturing and Service (New Cases including
below takeover)
2 MSME Manufacturing and Service (Renewal / Enhancement)
3 Above ₹10 MSME Manufacturing (New Cases including takeover)
4 lakh to ₹100 MSME Service (New Cases including takeover)
5 Lakh MSME Manufacturing and Service (Renewal / Enhancement)
66. Concession in ROI : Education Loan to women beneficiaries for loan of ₹13.00 0.25%
lakh
[Under Education Loan Schemes, except PNB Pratibha, concession of 0.50% in ROI permitted
to women beneficiaries for outstanding up to ₹10.00 lakh and 0.25% for outstanding above
₹10.00 lakh]

67. Third line of defence ZAO
68. RLLR exempted cases Staff loan/FD OD Loan- select wrong from options Staff loan in Public
Scheme
69. Pillar 3 of BASEL-II Market Discipline
70. Advanced approach for Market Risk Internal Model

Approach
71. Under the Large Exposure Framework of RBI, the sum of all the exposure values of 20% and 25%
a bank to a single counterparty and to a group of connected counterparties must not respectively
be higher than____and____percent of the bank’s available eligible capital base at all
times.
IAD
72. In staff accountability, vetting is to be done by ___ for investigating officer (Scale-V) GM-IAD, HO
73. Under OSS, exception generates after cash deposit of more than __________in staff ₹50000/-
accounts in a single day
74. Frequency of Revenue Audit for External Auditors Calendar Year

(The Revenue Audit of Concurrent Audit Branches is conducted through Concurrent Auditors
on quarterly basis and that of Non-concurrent branches is done through Internal Auditors / CA
Firms on annual basis, covering a period of one calendar year i.e. from 1st January to 31st
December every year)
(Ref: Revenue Audit Policy 2022-23 IAD Cir No. 20/2022 Dated 30.06.2022)
75. Owner Division to approve passing powers of staff IAD
76. DMS reports are to be printed for annual audit Exceptional

Transactions
(At present under DMS, following 5 reports to be checked) Report
DMS REPORT NAME TO BE CHECKED
(HEXCPRPT), Long
Exceptional Transactions Report Physically by taking print out Book of Incumbent
(HEXCPRPT) (PNBRPT – 2/19)
Long Book of Incumbent (PNBRPT – 2/19 Physically by taking print out
Outstanding Proxy Posted Transactions Online
(HSPTM and HMSGOIRP)
GL balance Report (DAYRPT – 6/1) Online
Audit Reports Online
The printed reports duly checked are to be maintained for audit purpose. In order to
ensure compliance of generation of these reports and checking thereof a check was
introduced on last working day of the week to block the Day-end if all the DMS
Reports are not checked during working days of the week.
(Ref. Cir. IAD 44/2022 dt. 09.11.2022)
77. With respect to staff accountability, in case, the fresh slippage (NPA) of small ₹10 lakh
accounts during the year in a branch exceeds 10% of the credit outstanding within
limit upto ______, Circle Head will examine the entire credit portfolio of the branch
and, thereafter, he may order for an investigation, if required.

78. For CA Firms as External Concurrent Auditor, how many branches can be allotted for 5
Revenue Audit
79. Maximum concurrent audit branches that can be allotted to External Auditor One
80. Bank empaneled CA must visit the branch at least once a_____and have discussions Week
with the BH
81. As per Staff accountability policy, lapses fall into ______broad categories Three
(1. Procedural lapses or casual negligence in the ordinary discharge of one's duties, and not
involving financial / legal liabilities/implications for the Bank. 2. Gross negligence, detection of
reckless lending. 3. Lapses with malafide intentions)
(Ref. STAFF ACCOUNTABILITY POLICY IAD Cir No.06/2022 dt.22.03.2022)
82. A unique portal TMSAC is developed by ITD for tracking and monitoring of staff IAD
accountability cased in coordination with Vigilance Department, HRD and_____
83. With respect to Whistle-blower policy, The Competent Authority shall, upon receipt 45 days
of the protected disclosure, shall make discreet inquiry within maximum period of
_______ days
84. Exemption from Quick mortality classification Percolation
85. As per Whistleblower Policy, the disclosure under this scheme can be lodged to the Chairman, Audit
___________in a closed/ secured envelope marked as “Disclosure under the Committee of
provisions of Whistle Blower Policy”. Board
(Alternatively, the Whistle Blower can disclose through email at whistleblower@pnb.co.in which
will be owned by the Chairman of ACB)
FRMD
86. Forensic audit is conducted to find out irregularities in case of red flagging for Above ₹50.00 Crore
accounts with credit exposure of___
FOREX
87. Which type of buying rate is applied when Nostro account of the Bank is already TT Buying
credited before making payment to the tenderer
88. Minimum duration for Record maintenance for SWIFT 1 Year
89. What is the maximum rate of interest that Banks can offer on FCNR (B) deposits of Alternative
duration 1-3 years? Reference Rate
(ARR) for the
respective currency
plus 250 basis
points

DBTD/ITD
90. Maximum amount of transaction permitted per day through USSD/*99# ₹5000/- per
transaction and per
day
91. Cash cards, prepaid cards, debit cards are a type of Plastic Money
92. Limit of transaction per day through virtual debit card ₹60,000/-
93. World Travel Card can be issued in ________ USD, GBP, Euro
94. Which credit cards are issued to scale 3 and above? (Combination of cards) VISA/Rupay-
(VISA/ Rupay Platinum credit cards and Rupay Select Credit Cards will be given to officers in
Platinum,
Scale III & above and VISA Gold/ VISA Classic/ RuPay Platinum Credit Cards will be given to Rupay Select
all other officers including clerical and sub-staff cadre. It includes exstaff also)
95. Minimum length of Finacle password is _____ 6
(Min -6 Character, Max – 15 Character, Password must contain any 3 of following –)

• Lower case Alphabate
• Upper Case Alphabate
• Numeric
• Special Character
➢ Previous 5 Password not allowed
➢ New password can be changed any time.

➢ Password will expire after 15 days.
96. Which statement is wrong about Uphar Card? Maximum amount

to be loaded is
(Maximum ₹10000 can be loaded)
₹12000/-
97. Out of given option which is not an International debit card Amex Card
(International Debit Cards are Rupay Platinum, Rupay JCB, Rupay Select, Master International
and all Variant of VISA are International i.e. VISA Signature, Gold ,Classic)
Miscellaneous
98. CRAR of our Bank at closure of Q2, 22 stands at 14.74 %
99. Net profit of our Bank for Q2,22 is _____ ₹411 Cr
External: (RBI/General Banking/Priority Sector/Miscellaneous Acts)
100. Extent of loan amount that can be referred to Lok Adalat Upto ₹20 Lakh
101. Minimum notice period to be given for sale of secured asset as per Section 13(4) 30 Day
of SARFAESI
102. Percentage of provisioning required for loss assets 100%

103. Maximum percentage of risk weight assigned to any type of asset/claim by a Bank as 150%
per BASEL-III norms (For Corporates)
(Maximum percentage of Risk wight assigned under Claims on Banks to all SCBs where
Minimum CET1 less than applicable minimum CET1 + CCB : 625%)
104. A bill purchased will turn into NPA if it remains overdue for a period of 90 days
105. Cut-off limit fixed by the Central Vigilance Commission for reporting of cases of wilful Outstanding dues
default by the banks / FIs to RBI of ₹25.00 Lakh and
above
106. Maximum exposure under Agro & Food Processing segment is allowed to be ₹100.00 crore
classified as Priority Sector Lending.
(₹100.00 crore per borrower from the Banking System)
107. Maximum amount of Housing loan in Urban and Metro areas that can be classified ₹35.00 Lakh with
under Priority Sector lending population 10 Lakh
& above
108. Extent of amount for social infrastructure under priority sector ₹5.00 Cr
109. Maximum amount of loan per borrower for drinking water facilities and sanitation ₹5.00 Cr
facilities under priority sector
110. Current Marginal Standing Facility (MSF) rate 6.50% w.e.f

(The Bank Rate and the MSF rate are calibrated to 25 bps above the repo rate)
07.12.2022
111. Duration of KYC updation in High and Low risk customers 2,10 Years
112. Designated director has to report to _________ FIU-India
113. Definition of Beneficial Owner in partnership One who is entitled

for more than 15%
of capital and profit
114. Foreign student can open NRO account where maximum credit during first 30 days USD1000
is __
115. Permanent account number (PAN) of customers shall be obtained and verified while 114B
undertaking transactions as per the provisions of Income Tax (I.T.) Rule applicable
to banks
116. Under PML Act, all necessary records of transactions between the Bank and the 5 Years
customer should be maintained for minimum period of
117. Under which type of partnership, partner's are not liable to pay through individual Limited Liability
assets? Partnership
118. Bills of exchange under section 5 of NI Act is defined as Unconditional

Order
119. Person appointed by the court to organize all the pieces of the decedent's estate and Administrator
then settle outstanding debt, expenses, and other obligations is called as

120. Which statement is true about unregistered partnership firm? In dispute, Such firms
cannot sue others but
(If a firm is un-registered, it can’t file a suit against a third party and a partner of an
other firm can sue
unregistered firm. However, in case of un registered firm, any third party has the right to sue
them
the firm or any partner and the partners to sue for the dissolution of the firm.)
121. If a term deposit matures and proceeds are unpaid, the amount left unclaimed shall Rate of interest as
attract an interest rate of: applicable to savings
account or the
contracted rate of
interest on the
matured TD, whichever
is lower
122. As per Section 19 (2) of Banking Regulation Act, no banking company shall hold 30% and 30%
shares in any company, whether as pledgee, mortgagee or absolute owner, of an respectively
amount exceeding_____per cent of the paid-up share capital of that company
or____per cent of its own paid-up share capital and reserves, whichever is less.
123. The particular of charge are required to be filed with ROC within 30 days of creation 300 Days
of charge. However, the registrar may further allow to file the charge within
days of creation of charge with payment of additional fees.
124. Relaxation in SLR may be given upto ______ % of NDTL 2%
125. Cheque paid in advance but returns unpaid after clearing then as per BCSBI Bank will collect
interest from the
date of advance
cheque payment
126. Amount of penalty for late filing of TDS returns ₹ 200 for every day
during which the
failure continues
127. A bank that does not have a physical presence in any country ad is Shell Bank
unaffiliated to any regulatory body
128. Penalty for Non maintenance of CRR Bank Rate +3%

(Penal interest shall be recovered in the event of shortfall in maintenance of prescribed CRR
on a daily basis for that day at the rate of 3% per annum above the Bank Rate on the amount
by which the amount actually maintained falls short of the prescribed minimum on that day
and if the shortfall continues on the next succeeding day/s, penal interest shall be recovered
at the rate of 5% per annum above the Bank Rate.)
129. Cut off for Consumer Disputes Redressal Commission (CDRC) at District level i.e. Upto ₹1.00 Crore
District CDRC
Other Information:
State CDRC: above ₹1.00 crore to ₹10.00 Crore

National CDRC: above ₹10.00 Crore
[Ref: Consumer Protection Bill 2019]
130. A Bank can open account of Pakistan nationals with prior permission from______ RBI
131. ECB deposit duration Maximum 12

Months

132. Unsecured exposure means where realizable value of security assessed by Bank / 10%
FIs is not more than ___ per cent ab-initio
133. Money laundering stages: Three

▪ Placement surreptitiously injects the “dirty money” into the legitimate financial
system.
▪ Layering conceals the source of the money through a series of transactions and
bookkeeping tricks.
▪ Integration, the now-laundered money is withdrawn from the legitimate account

to be used for whatever purposes the criminals have in mind for it
134. The period of realization and repatriation of export proceeds shall be from 9 months and 15
the date of export for all exporters and _________for goods exported to a months
warehouse established outside India respectively
135. Definition of beneficial owner in case of accounts of partnership firms 15%

(Where the customer is a partnership firm, the beneficial owner is the natural person(s),
who, whether acting alone or together,or through one or more juridical person, has/have
ownership of/entitlement to more than 15% of capital or profits of the partnership.)
136. In case of accounts opened for foreign students, pending the verification of USD 1000/- and
address, the account shall be operated with a condition of allowing foreign ₹50000/-
remittances not exceeding USD_____or equivalent into the account and a cap of
₹_____on aggregate in the same, during the 30-day period.
137. Banks shall have their board approved Compliance policy which shall be reviewed Once in a year
at an interval of at least______
138. Job family specialization in PSBs is based on the advisory of___ EASE
Schedule 8 of the Balance Sheet is related to___

139. Investment
It includes:
(1) Investment in India in Govt. Securities and others.
(2) Investments outside India in Govt. Securities and others.
140. What is the full form of MitB related to security threat? Man in Browser
Attack
(Man in the browser (MitB) is a cybersecurity attack where the perpetrator installs a Trojan
horse on the victim's computer that is capable of modifying that user's web transactions. The
purpose of a man-in-the-browser attack includes eavesdropping, data theft or session
tampering)

SCALE III to IV (22.01.2022)
1. Land holding criteria of medium farmers 4.0 hectares to
10.0 hectares
2. Under PMFME Scheme, Individual micro food processing units desirous of upgradation of 35% and
their unit can avail credit-linked capital subsidy @ % of the eligible project cost with a ₹10.00 Lakh
maximum ceiling of ₹ per unit
3. Penalty payable by Bank for failed ATM Cash transaction where account got debited but ₹100/- per day
cash not dispensed and if the amount not reversed by Bank in T+5 days
4. Surrender value of insurance under PMJJBY No surrender

value payable
5. Land holding criteria of a small farmer 1.0 hectare to

(In agriculture Census, thefarmers based on operational holdings are categorized in five size classes
2.0 hectares
i.e: Marginal: Below 1.00 hectare, Small: 1.00-2.00 hectare, Semi- Medium: 2.00-4.00 hectare,
Medium: 4.00-10.00 hectare and Large farmer with land holding of 10.00 hectare and above)
6. What is the interest payable on delayed refund in income tax? 0.5 percent per
(When refund is of any advance tax paid or TDS or TCS – The interest is payable at the rate of 0.5
month or part
percent per month or part of month from 1st April of Assessment year to the date of grant of refund. of month
As per Section 244A of IT Act)
7. Which of the following is an agency for promoting organic products among the choices IFOAM
given?
(International Federation of Organic Agriculture Movements)
8. What is the law of diminishing Returns? -
The law of diminishing marginal returns is a theory in economics that predicts that after
some optimal level of capacity is reached, adding an additional factor of production will
actually result in smaller increases in output.
9. Requests for payment in cash in Indian Rupees for purchasing foreign currency from foreign USD 3,000 or
visitors / Non- Resident Indians may be acceded to the extent of only per itsequivalent
transaction.
10. Requests for payment in cash in Indian Rupees to resident customers towards purchase of USD1,000 or
foreign currency notes and/ or Travellers’ Cheques from them may be acceded to the extent its equivalent
of only_______per transaction.
11. The positive Pay System is mandatory for clearing of cheques of an amount ₹ ₹5.00 Lakh
and above.
(In our Bank threshold is ₹10.00 Lakh)
12. Limit on number of members/shareholders in a Private Limited Company Minimum of 2
shareholders
and Maximum
of 200
13. As per Section 19(2) of Banking Regulation Act, Bank shall not hold shares in any company, 30% & 30%
whether as pledgee, mortgagee or absolute owner, of an amount exceeding percent of
the paid-up share capital of that company or percent of own paid-up share capital
and reserves, whichever is less.

14. An area receiving irrigation water from reservoir, canal, reservoir is called______ Command area
and catchment
where as the area contributing runoff water to storage of water reservoir or
area
source of water for river / drain etc is called___________
respectively
15. If the locker rent for one year is ₹ 5000/- and the charges for Breakopen of the locker is ₹17000/-
₹2000/-, what is the maximum amount of security deposit in the form of Term Deposit the being 3 years
Bank can insist to customer while hiring of locker as per RBI guidelines advance rent +
Breakopen
charges
16. In Small account, aggregate of all withdrawals & transfers in a month should not exceed ₹10000/-
17. Hindi was adopted as the Official Language of the Union of India. Later in which year, the 14th
Constitution of India declared Hindi in the Devanagari script as the Official language of September
India. 1949 and in
the year 1950
18. 2% Interest subvention is provided on a maximum limit of ₹ on ₹2.00 Lakh.

(For FY 2022-
short term loan to farmers involved in animal husbandry and fisheries.
23 it is revised
to 1.50%)
19. In GeM Portal, Direct purchase of goods/services up to the value of ₹___on each ₹25000/-
occasion may be made without inviting quotations or bids
20. If OVD furnished by the customer does not contain updated address, then Deemed OVDs 3 Months
for limited purpose of address can be accepted provided that the customer shall submit
updated OVD with current address within a period of
21. With reference to provisions of PML Act, Banks should maintain/preserve all necessary 5 Years
records of transactions between the Bank and the customer, the records pertaining to the
identification of the customers and their addresses obtained while opening the account
and during the course of business relationship for at least years from the date of
transaction/ end of business relationship.
22. Immediate credit for outstation cheque/ instruments may be considered up to the ₹15000/-
aggregate value of ₹_____ collection by individual account holder subject to satisfactory
conduct of such account for period of 6-12 months.
23. Legal Entity Identifier is applicable for large corporate borrowers having exposure ₹____ ₹5.00 crore &
above
Timelines for obtainment of LEI for non-individual borrowers having total exposure from ₹5
crore to ₹50 crore:
Total exposure to Banking System LEI to be obtained on or before
Above ₹ 25 crores 30.04.2023

Above ₹ 10 crores to ₹ 25 crore 30.04.2024
₹ 5 crores to ₹ 10 crores 30.04.2025
24. The type of hacker who breaks into system/network for entertainment values/fun without Thrill Seeker
any malicious intent is termed as__

25. In the event of dishonour of a cheque valuing ₹1.00 Crore & above drawn on a particular Four
account of the drawer on ____occasions during the financial year for want of sufficient
funds in the account, no fresh cheque book would be issued. Also, the bank may consider
closing current account at its discretion.
▪ Our Bank’s guideline is as under:
In the event of dishonour of a cheque valuing ₹25.00 lakh and above and drawn on a
particular account of the drawer on 4 occasions during the financial year for want of
sufficient funds in the account, no fresh cheque book would be issued. Also the bank
may consider closing of account at its discretion after issuing 30 days notice to the
customer in the event of subsequent dishonour of cheques/failed NACH (ECS) transactions
in the account.
However in respect of constituents where customer is a borrower of the Bank, Circle Heads/
Branch Incumbents to ensure that the aspect of returning is taken into consideration at the
time of renewal/ enhancement of limits.
(Ref. Policy for DISHONOUR OF CHEQUES AND NACH (ECS) IAD Cir. 23/2022 Dated 04.07.2022))
(As per latest RBI guidelines, individual Banks may set their own policy in this regard)
26. Loans against the security of debentures and bonds should not exceed ₹___ if the securities ₹20.00 Lakh
are held in dematerialized form
27. Unsecured exposure is defined as an exposure where the realisable value of the security, 10%
as assessed by the Bank /approved valuers / Reserve Bank‘s inspecting officers, is not more
than______ percent, ab-initio, of the outstanding exposure.
28. Agriculture infrastructure, storage, cooling, dairying, transport. All these activities indicates Forward and
the concept of_____ Backward
linkage
29. As per BCSBI guidelines, Banks should return the property documents / do satisfaction 15 working
of charge within a period of of closure of loan days
[Note: BCSBI is now under dissolution and has stopped its operations. Customers are requested to
contact their banks for redressal of any grievance and in case of non-redressal of complaints,
approach Banking Ombudsman Offices by following the procedure]
30. Risk weight on claims on CRGFTLIH Zero Percent
31. A person appointed by court to manage the estate of a person died intestate is called Administrator
SCALE-I to SCALE-II (05.12.2021)

32. Bank may sell third party products only if it is authorized to do so, after putting in place a Customer
Board approved policy for marketing and distributing third party financial products. Further, suitability
Banks should not compel a customer to subscribe to any third-party products as a quid-
peroqua for any service availed from the bank. This is coming under which customer right?
33. Part time Banking outlets should operate at least for how much period in a week? 4 hours per
days and 5 days
in a week

34. Under DAY-NRLM, for other than 250 identified districts, the difference between the bank lending rates and
______% for loans up to ₹ 300,000/- subject to a maximum limit of ____%, would be subvented directly in the
loan accounts of the SHGs by the SRLMs.
(As per revised guidelines for FY 2022-23 for all districts across the country, For loans up to ₹3 lakh under the scheme, banks
will extend credit at a concessional interest rate of 7% per annum. For outstanding credit balance upto ₹3 lakh, banks will
be subvented at a uniform rate of 4.5% per annum during FY 2022-23. For loans above ₹3 lakh and up to ₹5 lakh under
the scheme, banks will extend credit at interest rate equivalent to their 1 year-MCLR or any other external benchmark
based lending rate or 10% per annum, whichever is lower. For outstanding credit balance above ₹3 lakh and upto ₹5 lakh,
banks will be subvented at a uniform rate of 5% per annum during FY 2022-23)
35. If the borrower (or Bank) is not satisfied with the decision of DRT, either party can appeal 50% and 25%
to DRAT within 30 days of receiving the copy of judgement. In this case the borrower is respectively
required to deposit_____ of the Banks claim which can be reduced to_____ by
chairperson.
36. Denominator in calculation of RAROC Economic

(From Banks perspective it may be referred as required capital)
Capital
37. Loans up to a limit of ₹… ....................... crore per borrower for building health care ₹10 crore
facilities including under ‘Ayushman Bharat’ in Tier II to Tier VI centres can be classified
under Priority Sector Lending.
38. A start-up should have an annual turnover not exceeding ₹______for any of the financial ₹ 100 crore
years since its Incorporation
39. As per RBI guidelines, what is the rate of interest payable on matured and ROI applicable
overdue Term Deposit? for Savings
Bank Deposit or
contracted rate
of Term Deposit
whichever is
lower
40. Amount to be attached in case of no amount is mentioned in Garnishee order Full amount
41. Maximum number of members in a Pvt. Ltd, Company 200
42. Other Savings accounts to be closed within _____ days of opening BSBD Account by the 30 days
same customer
43. Matters related to safe custody of articles is dealt as per _____ Indian Contract
Act 1872
44. As per _______ if Principal + Interest payable on Term Deposit is ₹20000/- or above, the Section 269T of
payment should not be made in cash IT Act
45. Banks will get an additional incentive of________for coin distribution in rural and semi- ₹10/- per bag
urban areas on the submission of a CA / Auditor certificate to this effect
46. As per revised scheme of RBI for distribution of coins by Banks, with effect from September ₹65/-
01, 2021, an incentive of_____per bag for distribution of coins (instead of ₹25/- as earlier)
will be paid on the basis of net withdrawal from currency chest (CCs), without waiting for
claims from banks

47. Penal interest payable by Banks for delayed remittance of govt business receipts Bank Rate +2%
48. Banker customer relationship in case of Standing Instructions Agent and

Principal
49. Penalty on the currency chests for delayed reporting to RBI irrespective of the value of net A flat penalty of
deposit ₹ 50,000/-
50. If a note is torn into 2 or more pieces, that will be considered as_____ Mutilated Note
51. Minimum and maximum amount of guarantee cover on loan amount available under the ₹15.00 Lakh
Credit Enhancement Guarantee Scheme for the Scheduled Castes (SCs) and ₹5.00 crore
52. Large currency chests should have a minimum area for strong room/vault of____and processing capacity of
______Bank notes per day.
(Area; 1500 square feet and in case of hilly / inaccessible places it should be at least 600 square feet.
Processing capacity of 6,60,000 pieces of banknotes per day. For those situated in the hilly/ inaccessible places,
capacity of 2,10,000 pieces of banknotes per day)
53. Incentives paid by RBI to Banks for opening of and maintaining currency chests at centres having population of
less than ₹1 lakh in under banked States
(Reimbursement of 50% of capital expenditure subject to a ceiling of ₹ 50 lakh per currency chest. In the North
Eastern region up to 100% of capital expenditure is eligible for reimbursement subject to the ceiling of ₹ 50 lakh.
Reimbursement of 50% of revenue expenditure for the first 3 years. In the North Eastern region 50% of revenue
expenditure will be reimbursed for the first 5 years.)
SCALE-II to Scale-III (22.01.2022)

54. Difference between GDP and NNP
(GDP, represents the aggregate production value of a country's goods and services combined in a given time
window, whereas, Net national product, or NNP, represents of all final goods and services produced by the
factors of production of a country after accounting for depreciation of inventory)
55. The type of pricing designed to determine how many units we will need to sell to both Target profit
cover costs and achieve a targeted profit is called____ pricing
56. Scheme introduced by GoI, for enhancing value realisation of Tomato, Onion and Potato Operation
(TOP) farmers by targeted interventions to strengthen TOP production clusters and their Greens
FPOs, and linking/connecting them with the market, Reduction in post-harvest losses by
creation of farm gate infrastructure, development of suitable agro-logistics, creation of
appropriate storage capacity linking consumption centres etc with two-pronged strategy of
Price stabilisation measures (for short term) and Integrated value chain development
projects (for long term)
57. Updated Answer: For research on

Banks and
The Nobel prize on Economics for 2022 was awarded for contributions in which field?
Financial crises
(The 2022 Nobel Memorial Prize in Economic Sciences was divided equally between the
American economists Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig "for
research on banks and financial crises" on 10 October 2022 )

58. Banks should settle the failed ATM transactions within a period of____calendar days T+5
59. What is the disadvantage of non-registration of a partnership firm?

(It can’t sue others in court of law to enforce its claims but others can sue the firm for any breach of contract)
60. Financial soundness of a Bank depends on______ CRAR

(Banks Capital to Risk Adjusted Assets Ratio (CRAR))
61. Maximum housing loan amount at metro centres to be classified as Priority Sector Lending:
₹35.00 Lakh where the overall cost of dwelling unit does not exceed ₹45.00 Lakh
62. Job family specialization in PSBs is based on the advisory of______ EASE
63. “ Har Khet Ko Pani” is the tag line of............................. PM Krishi Sichai
Yojana
64. The PM Formalisation of Micro Food Processing Enterprises Scheme (PMFME Scheme), 5 Years, to
envisages an outlay of ₹10,000 crore over a period of___years from 2020-21 to _____ 2024-25
65. Haryana is situated in which gangetic plain___ Trans-Gangetic

Plain
66. A person appointed by court for settlement of estates of any deceased person is known Administrator
as___
67. Relationship between Bank & Customer when customer lefts items in the bank Trustee and
mistakenly Beneficiary
68. Maximum loan limit for food and agro processing units to be classified under Priority ₹100.00 crore
Sector lending
69. Minimum CRAR requirement for Banks in India including CCB, as per BASEL-III 11.50%
norms
70. Present MSF Rate 6.50% w.e.f

(The Bank Rate and the MSF rate are calibrated to 25 bps above the repo rate)
07.12.2022
71. The State with maximum number of SHGs managed by women in India is_____ Bihar
72. LTV of the housing loans, where the Risk Weight is 35% 80% or less
73. Components of MCLR?

(Marginal Cost of Funds, Negative carry on account of CRR, Operating cost and tenor premium).
74. Penalty for late filing of Income Tax return after due date ₹5000/-
(For AY 2022-23, it’s ₹5000/- if filed after due date and up to 31st December 2022)
75. As per Section 19(2) of Banking Regulation Act, No banking company shall hold shares in 30%
any company, whether as pledgee, mortgagee or absolute owner, of an amount
exceeding_____% of the paid-up share capital of that company or_____% of its own
paid-up share capital and reserves, whichever is less.

76. Limit for Priority Sector Lending under Healthcare and Social Infrastructure ₹10 crore
(Bank loans up to a limit of ₹10 crore per borrower for building health care facilities including under
‘Ayushman Bharat’ in Tier II to Tier VI centres and Bank loans up to a limit of ₹5 crore per borrower
for setting up schools, drinking water facilities and sanitation facilities including construction/
refurbishment of household toilets and water improvements at household level, etc)
77. 4 pillars of KYC-AML Policy of the Bank
(1. Customer Acceptance Policy, 2. Customer Identification Procedure, 3.Risk Management 4. Monitoring of Transactions)
78. Financial transactions and balance restrictions in BSBDA Account
(Total credits in such accounts should not exceed ₹1.00 Lakh in a year and Maximum balance in the account
should not exceed ₹50,000/- at any time)
79. The maturity period of PPF scheme is............... which can be further extended by a 15 years and 5
period of____ years
80. The ratio of long term borrower funds to own funds can be best described as Debt Equity
Ratio
81. A Bank that has no physical presence in the country in which it is incorporated and Shell Bank
licensed, and which is unaffiliated with a regulated financial group is termed as;
82. Name of Employment oriented scheme out of given options MNREGA
83. Overdraft in PMJDY Accounts can be sanctioned up to a maximum of____ times of monthly 4 time
average balance in the existing account for last 6 months.
84. Minimum and maximum tenor of Domestic and NRO Term Deposit 7 days and 10
Years
85. For foreign student in India opening NRO Account, limit for inward remittance and USD 1000/- and
withdrawal during 30 days period where address in pending for verification ₹50000/-
86. Prior notice of at least _______ to be given by Banks to customers in case of change in 30 days
service charges
87. Approval from ECGC is required if export bills are not realized after a period of_____ 180 days
88. As per the existing guidelines, the minimum leverage ratio to be maintained by Banks in 4% and 3.50%
India is__for D-SIBs and ____for other Banks. respectively
89. Accounting standards in India is issued by______ ICAI
90. Effective interest rate in identified districts to women SHGs under DAY-NRLM with prompt 4.00% p.a
payment incentives
(4.00% p.a earlier but no provision is there as per latest guidelines for FY 2022-23)
91. Maximum amount of Advance Deposit can be taken by Bank from locker hirer, if locker ₹24,200/-
rent is ₹7400 per year & break open charges is ₹2000
(3 years advance rent + Break open charges = ₹24200/-)
92. Unsecured exposure means where realizable value of security assessed by Bank / FIs is 10%
not more than ___per cent ab-initio.
93. Security / Asset created out of Bank loan is________ Primary
Security

PROMOTION TEST DT.23.01.2022
94. Priority sector lending target for commercial Banks in India 40% ANBC or
CEOBE whichever
is higher
95. Maximum loan amount under agriculture infrastructure to be treated as Priority Sector ₹100.00 crores
Lending
96. Target for weaker section for scheduled commercial Banks for FY 2022-23 11.50%
(It is 12.00 % for FY 2023-24)
97. Loans up to ₹________Start-ups, as per definition of Ministry of Commerce and Industry, ₹50.00 crores,
Govt. of India that are engaged in agriculture and allied services can be classified under Agriculture
________sub-sector under agriculture for treatment under Priority Sector lending Ancillary
Services
98. The banks should ensure that cash receipts in the denominations of ₹________are ₹100/- and
not put into re- circulation without the notes being machine processed for authenticity. above
99. Penalty imposed by RBI on Banks if mutilated notes detected in soiled note remittances ₹ 50/- per piece
and currency chest balances irrespective of the
denomination
100. Age criteria to open Sukanya Samriddhi Deposit account Below 10 Years
(Account may be opened by one of the guardians in the name of girl child who has not attained the
age of 10 years as on the date of opening of the account.)
101. Sum Assured amount under PMSBY ₹2.00 Lakh
102. Age criteria for enrolment under PMJJBY 18-50 Years

(18-50 years, however the enrolled person can renew the insurance up to attaining the age of 55 years)
103. Provision required in case of standard asset in case of KCC and Small and Micro 0.25%
Enterprises (SMEs)
104. In case of small accounts, the aggregate of all credits in a financial year does not exceed ₹1.00 Lakh and
rupees_____and the balance at any point of time does not exceed rupees___. ₹50000/-
105. Maximum amount of project cost for subsidy under Agri-clinics and Agri business centre ₹20.00 Lakh
scheme
(₹20 lakh for an individual project (₹ 25 Lakh in case of extremely successful individual projects)
and to ₹100 lakh for a group project)
106. Growing of food or cash crops, feed crops, and livestock on the same farm is termed as; Mixed Farming
107. The maximum LTV permitted for gold loans is____ 75%
108. Maximum limit of CGFMU guarantee cover for loans to SHGs ₹20.00 Lakh
109. Number of digits in IFSC Code 11
110. Additional ROI offered to Ex-Staff Senior Citizens 1.50% above

the applicable
ROI

SCALE-III to IV (22.01.2022)
111. Start date of PPF Scheme___ 12.12.2019
(Public Provident Fund Scheme, 2019 introduced by the Government on 12 December 2019
replacing the earlier PPF Scheme, 1968)
112. Pro-rata premium payable in case PMJJBY enrolled during March to May ₹114/-
a. June, July & August –Annual premium of Rs. 436/- is payable
b. September, October & November –3 quarters of premium @ Rs. 114.00 i.e. Rs. 342/-is payable
c. December, January & February – 2 quarters of premium @ Rs. 114.00 i.e. Rs. 228/-is payable
d. March, April & May – 1 Quarterly premium @ Rs. 114.00 is payable.)
dt.02.06.2022)
113. Conversion of endorsement in Blank to endorsement in full is defined in section___ of Section 49

NI Act
114. Capital requirement for Universal Bank license ₹1000 crores
115. Capital requirement for Small Finance Bank license ₹300 crores
116. Bank can initiate further action to sell the mortgaged property under SARFAESI after 60 days
giving _______ days of notice demanding for repayment under section 13(2)
117. Maximum exposure limit by Banks to a single borrower as per large exposure framework 20%
(20% of the bank’s Tier I capital base. In exceptional cases, Board of banks may allow an additional
5 % exposure of the bank’s Tier I capital base)
118. Provision required for infrastructure loan before DCCO 0.40%

(0.40% within the original DCCO or if there is revision in DCCO and the revised DCCO is within 2
years from the original DCCO)
119. Limitation period for securities under lien No Limitation

(No limitation period for filing suit by exercising the right of lien)
120. Foreign outward remittance limit under LRS for purchase of shares abroad USD 250000
121. Maximum loan that can be granted under ECLGS 2.0-extension 30%
(Upto 30% of the total credit outstanding fund based credit facility up to ₹ 500 crore as on 29th
February, 2020 or 31st March, 2021, whichever is higher)
122. Minimum number of members in case of Group Enterprises (SEP-G) under NULM Three
123. RIDF is managed by___ NABARD
124. Target for Priority Sector lending for foreign Banks with less than 20 Branches in India 40% of ANBC or
(40% of ANBC or CEOBE whichever is higher; out of which up to 32% can be in the form of lending
CEOBE
to Exports and not less than 8% can be to any other priority sector) whichever is
higher

125. Full form of CRISIL Credit Rating
Information
Services of
India Limited
126. Declaration form used in case of exports through non-EDI port Export
Declaration
Form (EDF)
127. Time limit for realization of export bills 9 months from

the date of
export
128. Remittances against imports should be completed not later than___from the date of 6 Months
shipment
129. Type of exchange rate that can be referred to where the value of foreign currency is Direct quote
stable and local currency is variable
130. Maximum amount of foreign coins an individual can keep in India Without any
limit
131. Income tax rate for annual income between ₹2.50 Lakh to ₹5.00 Lakh 5%
132. The third pillar of BASEL III is____ Market

Discipline
133. Rate of interest of Sovereign Gold Bond 2.50% p.a
134. Maximum number of days allowed for settlement of deceased claims by Banks 15 Days
(15 days from the date of receipt of all required documents)
135. Limitation period for documents in case of Term Loan 3 Years

(3 years from the due date of each instalment)
136. MUDRA is a subsidiary of_____ SIDBI
137. Stock Holding Corporation of India Ltd is a subsidiary of______ IFCI
138. Guarantee fees payable to NCGTC in case of education loans up to ₹7.50 Lakh 0.50%
139. Enactment date of Credit Information Companies Act 23.06.2005
140. What is systemic risk?
(Systemic risk refers to the risk of a breakdown of an entire system rather than simply the failure of individual parts. In a
financial context, it denotes the risk of a cascading failure in the financial sector, caused by linkages within the financial
system, resulting in a severe economic downturn.)
141. Age limit criteria for Internal Ombudsman Up to 70 Years

(It shall not be above the age of 70 years at any point of time during the tenure as IO)
142. Eligibility criteria and age limit for Presiding Officer of DRT
(Shall be qualified to be, a District Judge and maximum age limit is 65 years)

SCALE-II to III (22.01.2022)
143. Age limit for enrolment under Atal Pension Yojana 18-40 years
144. Pro-rata premium amount to be paid while enrolment under PMJJBY in the months of ₹342/-
September to November for the first year
a. June, July & August –Annual premium of Rs. 436/- is payable
b. September, October & November –3 quarters of premium @ Rs. 114.00 i.e. Rs. 342/-is payable
c. December, January & February – 2 quarters of premium @ Rs. 114.00 i.e. Rs. 228/-is payable
d. March, April & May – 1 Quarterly premium @ Rs. 114.00 is payable.)
dt.02.06.2022)
145. The process of stopping the flow of the physical cheque by the presenting bank and en- Clearing by
routeing to the paying bank branch an electronic image of the cheque through the clearing Cheque
house, along with relevant information is termed as; Truncation
146. Nomination for which types of facilities is mentioned in Section 45ZA to ZF of Banking ZA & ZB
Regulation Act?
(For deposit accounts, Section ZC & ZD: For articles kept in safe custody and Section ZE & ZF: For
lockers)
147. Transaction limit in case of full KYC PPI
(In case of pre-registered beneficiaries, the funds transfer limit shall not exceed ₹2,00,000/- per month per beneficiary. Funds
transfer limits for all other cases shall be restricted to ₹10,000/- per month)
148. Updated Answer: 17.2%

YoY credit growth of Public Sector Banks as on quarter ended Sept. 2022 as per RBI
(Aggregate Deposit growth for the same period : 9.8%)
quarterly
publications
149. Risk weight for the loans given by Bank to their own staff against PF Balances or 20%
mortgage of property
150. The currency chests should invariably report all transactions through CyM – CC portal on 7 PM
the same day to RBI by____
151. Updated Answer: ₹16,000 Crore

The aggregate amount of PM Kissan nidhi released in 12th instalment announced during
October 2022
[PM Kisan 13th Installment Date: 20.12.2022]
[The Indian government has once more extended till December 20, 2022, the deadline for completing
the PM Kisan E-KYC 2022, which must be done by any or all beneficiaries in order to access the
benefits of the PM Kisan Yojana 2022]
152. Penalty payable by Banks in case of shortages in soiled note remittances and currency ₹50/- per piece
chest balances for notes in denomination up to ₹50/- and mutilated notes detected in soiled in addition to
note remittances and currency chest balances the loss

153. Institution governs and controls issuance of LEI GLEIF
(Global Legal Entity Identifier Foundation controls the issuance of LEIs globally. Entities can obtain
LEI from any of the Local Operating Units (LOUs) accredited by the GLEIF. Legal Entity Identifier
India Limited – A Wholly Owned Subsidiary of The Clearing Corporation of India Ltd. acts as a Local
Operating Unit (LOU) for issuing globally compatible Legal Entity Identifiers (LEIs) in India. RBI issues
direction to Banks regarding LEI from time to time.)
154. For cases of detection of Counterfeit Notes of__or more pieces in a single transaction, 5
the Counterfeit Notes shall be forwarded immediately by the Nodal Bank Officer to the local
police authorities or the Nodal Police Station for investigation by filing FIR.
155. Provision required for a secured advance classified as substandard asset 6 months before 15% of total
outstanding
balance
156. Breakeven point shows__ -

(It is the level of business activity at which the entity in a position of no profit and no loss)
157. Full form of POEM Product

(POEM is a framework for thinking through the conditions of a market prior to building or launching
Opportunity
a product) Evaluation
Matrix
158. Minimum amount of default set by Central Government for initiation of action under ₹10.00 Lakh
Pre-Packaged Insolvency Resolution Process
( ₹10.00 Lakh. It can be minimum up to ₹1.00 Lakh as per the act)
159. Timeline for completion of resolution plan under Pre-Packaged Insolvency Resolution 90 Days
Process
(A resolution plan must be approved by the committee of creditors within 90 days from the
commencement date of PPIRP. Further, a period of 30 days have been reserved for Adjudicating
Authority (AA) to approve/reject the resolution plan)
160. Amount of Term Deposit to be treated as Bulk Deposit ₹ 2 Crores and

above
161. ABC club has an account with mode of operation by Secretary and treasurer jointly. Bank The cheque can be
has received a cheque signed by them jointly. But it came to notice of Bank that the passed as the
treasurer is deceased but after the date of cheque. What to be done by the Bank? signatories are
the agents of the
club and date of
death is after the
date of the cheque
162. Meaning of CRR Cash Reserve

Ratio
(Cash Reserve Ratio is the average daily Cash balance that a bank is required to maintain
with the Reserve Bank as a share of such per cent of its Net demand and time liabilities)
163. Meaning of ASBA Application

Supported by
(ASBA is an IPO application process developed by SEBI. It is an application containing an
Blocked
authorization to block the application money in the bank account, for subscribing to an IPO
Amount
issue. The money will remain in the applicants Bank account and will be debited on
allocation of shares)

SCALE-I to II (22.01.2022)
164. Bank Which has launched online platform/app “trade Emerge” ICICI Bank
165. Letter ‘R’ stands for in RoDTEP Refund

(RoDTEP (Refund of Duties and Taxes on Exported Products) is a flagship export promotion scheme
of the Ministry of Commerce, GoI. The scheme aims to refund to the exporters the embedded central,
state and local duties and taxes paid on inputs that were so far not refunded or rebated.)
166. NPCI Bharat Billpay onboarded which power company first on Clickpay Tata Power
167. Government of India has launched the National Monetisation Pipeline (NMP) for how many 4 years
years?
(The NMP estimates aggregate monetisation potential of ₹6 lakh crores through core assets of the
Central Government, over a four-year period, from FY 2022 to FY 2025)
168. Payment Bank was added to the list of scheduled Banks in 2nd schedule of RBI Act in Airtel Payments
December 2021 Bank
169. The All-India House Price Index (HPI) is being released by; RBI
(The RBI releases its quarterly house price index (HPI) based on transaction-level data received from
housing registration authorities in ten major cities)
170. Operation Green includes how many perishable commodities?

(Initially it was for 3 commodities i.e. Tomato, Onion and Potato. As per budget Announcement 2021-22, expanded operation
greens scheme covers 22 perishables)
171. In November 2021, RBI launched two schemes. One was Integrated Ombudsmen Retail Direct
scheme. The other scheme launched_____
172. Who is authorised for assigning Lead Bank responsibility in any District/State? RBI
173. To give further boost to digital transactions in the country, Government of India has ₹2000/-
launched incentive scheme for the acquiring Banks by way of paying percentage of value
of RuPay Debit cards transactions (P2M) and low- value BHIMUPI transactions up to an
amount of ₹___(P2M), for a period of one-year w.e.f. April 01, 2021.
174. World Investor week was observed in India in the period of______in the year 2022. October 10 – 16
(World Investor Week (WIW) – an International Organization of Securities Commissions (IOSCO)
initiative, is a global investor awareness campaign. WIW is celebrated every year, across the world,
by the securities market regulators. WIW – 2022 was celebrated in India from October 10 – 16, 2022.
Securities and Exchange Board of India (SEBI) is the national coordinator for celebrating WIW-2022
in India)
175. Who releases Wholesale Price Index (WPI) in India

(The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade in the ministry of Commerce
and Industry)
176. Union budget 2022-23 is prioritized on how many pillars/priorities Four

(The budget provides impetus for growth along four priorities, i.e; (i) PM GatiShakti, (ii) Inclusive
Development, (iii) Productivity Enhancement & Investment, Sunrise opportunities, Energy Transition,
and Climate Action and (iv) Financing of investments)

177. Small Finance Banks should be listed (on the stock exchange) within a period of__from 6 Years
the date of commencement of operations.
(6 years from the date of reaching net worth equivalent to prevalent entry capital requirement
prescribed for universal banks’ or ‘10 years from the date of commencement of operations’, whichever
is earlier)
178. Government of India and the Germany Development Bank- KfW (Kreditanstalt fur Surat Metro Rail
Wiederaufbau) signed a loan agreement for metro rail project in which state? project in Gujarat
179. DAY-NRLM provides incentives to loans taken by eligible SHGs by way of interest ₹3.00 Lakh
subvention for loans up to ₹ _____
180. How many Currency chests in the country were there as on 31st March 2022? 2878
(As on March 31, 2022, the State Bank of India accounted for the highest share (53.6%) of currency
chests)
181. The Reserve Bank of India had constituted a Working Group (WG) on digital lending in Jayant Kumar
January 2021 which is headed by Dash
182. Brand ambassador of IDFC Bank Amitabh

Bachchan
183. ‘MANI' app in India to help visually challenged persons to identify denomination of notes RBI
launched by____
184. Payment Bank started Recurring Payments at Doorstep in Collaboration with NPCI Bharat India Post
BillPay Ltd____ Payments Bank
185. The Khadi and Village Industries Commission Act was enacted in ___ year 1956
186. Budget allocation (2022-23) made towards SFURTI (Scheme for Fund for Regeneration of ₹334 Crore
Traditional Industries)
187. Gold monetization scheme was introduced in _____ 2015
188. The Indian-American economist Gita Gopinath has been appointed as___ in IMF Deputy
Managing
Director
189. Borrowers margin requirement for loans under Stand-up India scheme 15%
190. Reserve Bank of India had formed an Internal Working Group (IWG) in June 2020, to review 21
the extant guidelines on ownership and corporate structure for Indian private sector banks.
On examination of the reports submitted, out of 33 recommendations, No. of
recommendations accepted____
191. Allocations for health and wellness have been increased by ___ in Union budget 2022 16%
192. Mutual Fund which has launched India's first ever Nifty Alpha 50 ETF Kotak Mahindra
Mutual Fund
193. SBI has invested ___ in pine labs as per the news in January 2022 ₹150 crore

194. On the basis of recommendations of Internal Working Group (IWG) ,the cap on promoters’ 26%
stake in Indian Pvt. Sector Banks in the long run of 15 years has been raised from 15%
(earlier) to ______ paid-up voting equity share capital of the bank.
195. Under the extended PM-GKAY (Phase VI till March 31,2022) each beneficiary will get 5 KG
additional per cent of the ____kg free ration per person per month in addition to his
normal quota of food grains under the NFSA.
(Under Antyodaya Anna Yojana (AAY), the AAY households, which constitute poorest of the poor
are entitled to 35 kg of foodgrains per family per month, priority households are entitled to 5 kg
per person per month at subsidized rates)
196. KV Kamath was elected as chairperson of NaBFID for ___ years 3 years
(National Bank for Financing Infrastructure and Development (NaBFID) has
appointed Rajkiran Rai G as its managing director (MD) for the next five years. The board of
NaBFID approved Rai’s appointment on July 30 based on clearance by the RBI, centre and
the Development finance institutions (DFI) nomination and remuneration committee. He took
charge as the DFI’s MD on August 8, and will hold the top post till May 18, 2027, according to details
of the appointment)
197. Why Registration of partnership firm is necessary?

(A partnership firm cannot avail legal benefits if it is not registered, i.e it can’t sue others in the court of law while it can be
sued by others, hence it is always advisable to register it)
198. Cases with outstanding debt up to ____ can be referred to Lok Adalat ₹20.00 Lakh
199. On account of erosion of security value, if the realisable value of the security, as assessed Less than 10%
by the bank/ approved valuers/ RBI is less than ____per cent of the outstanding in the
borrowal accounts, the existence of security should be ignored and the asset should be
straightaway classified as loss asset
200. What is the meaning of hypothecation?

(Hypothecation is the pledging of an asset as collateral for a loan, without transferring the property's title or possession to
the lender)
201. Investment limit of Plant & machinery / equipment in case of Medium Enterprises ₹50.00 crore
202. In case of consortium accounts, Asset classification is done by____ Individual

banks based on
recovery of
dues
203. Current rate of interest on PPF 7.10% during

October to
December 2022
quarter
204. What is the accrual concept in accounting?

(As per this concept, economic events are recognized by matching revenues to expenses (the matching principle) at the time
when the transaction occurs rather than when payment is made or received)
205. Criteria for classification as NPA in case of derivatives

(in respect of derivative transactions, the overdue receivables representing positive mark-to-market value of a derivative
contract, if these remain unpaid for a period of 90 days from the specified due date for payment, it should be classified as
NPA)

206. Act deals with articles kept in safe custody/dealing with safe custody of articles by Banks Indian Contract
Act
207. Target to Banks for lending to MSMEs as per the Prime Minister’s Task Force on MSMEs 20%
(20% year-on-year growth in credit to micro and small enterprises, 10% annual growth in the number
of micro enterprise accounts and 60% of total lending to MSE sector as on corresponding quarter of
the previous year to Micro enterprises)
208. The Committee on Financial Inclusion was chaired by____ Dr. C.

Rangarajan
209. Limit of turnover for exemption of Tax audit for MSMEs

(Under section 44AB of the Act, every person carrying on business is required to get his accounts audited, if his total sales,
turnover or gross receipts, in business exceed or exceeds ₹1.00 crore in any previous year or in case of professionals, if his
gross receipt in profession exceeds, ₹50.00 lakh in any previous year. Through Finance Act 2020, the threshold limit for
MSMEs it was increased from ₹1.00 crore to ₹5.00 crore subject to aggregate of all receipts in cash during the previous year
does not exceed 5% of such receipt and aggregate of all payments in cash during the previous year does not exceed 5% of
such payment. In order to incentivise non-cash transactions to promote digital economy and to further reduce compliance
burden of small and medium enterprises, it is proposed to increase the threshold from ₹5.00 crore to ₹10.00 crore in AY
2022-23)
210. If the amount is not specified in the Garnishee order, then it will be applicable to____ The entire
balance inthe
account
211. The social infrastructure for the purpose of Priority Sector lending includes:
(Bank loans up to a limit of ₹5 crore per borrower for setting up schools, drinking water facilities and sanitation facilities
including construction/ refurbishment of household toilets and water improvements at household level, etc. and loans up to
a limit of ₹10 crore per borrower for building health care facilities including under ‘Ayushman Bharat’ in Tier II to Tier VI
centres. In case of UCBs, the above limits are applicable only in centres having a population of less than 1 Lakh)
212. What does deferred payment guarantee mean?

(Deferred Payment Guarantee is a guarantee for a payment usually on instalments which has been deferred or postponed.
Banks issue DPG in the cases of purchase of capital goods/machinery where the seller offers credit to the buyer and buyer's
bank guarantees the due payments to the seller)
213. Loans to individuals for educational purposes, including vocational courses, up to __will be ₹20.00 Lakh
considered as eligible for priority sector classification
214. Alteration in cheques is governed by section____ of NI act Section 89
215. On account of the disruptions caused by the second wave of COVID 19 specially on ₹50000 Crore
healthcare sector, the Union Cabinet, has approved Loan Guarantee Scheme for Covid
Affected Sectors (LGSCAS) enabling funding to the tune of ₹ to provide financial
guarantee cover for brownfield expansion and greenfield projects related to health/
medical infrastructure.
216. Chairperson of the Capacity Building Commission, set up under the government's Adil Zainulbhai
ambitious 'Mission Karmayogi' for bringing major reforms in bureaucracy
217. Fees payable for seeking information under RTI ₹10/-
218. How much loan amount can be extended in third tranche under PM svanidhi scheme?
(The scheme offers each beneficiary working capital loan up to ₹10,000 for a tenure of one year. Timely repayment ensures
a loan up to ₹20,000 in the second tranche and up to ₹50,000 in the third tranche.)

219. Total tenor and repayment period under GECL 3.0 6 Years
(Total tenor of 6 years from the date of first disbursement which includes initial moratorium of
principal repayment up to 2 years. Interest to be served during moratorium)
220. According to SARFAESI act customer can file appeal / case in ____court DRT
221. As a prudent operational risk management measure, the banks shall put in place a Not less than 10
‘mandatory leave’ policy wherein the employees posted in sensitive positions or areas of working days
operation shall be compulsorily sent on leave for a period of in a single spell every
year.
SCALE-II to III & SCALE-III to IV (09.01.2022)
222. Maximum time period within which Banks must complete staff accountability exercise in 6 Months from
case a borrowal account classified as fraud___ the date of
classification as
fraud
223. AD Category I banks, with effect from October 1, 2022, shall obtain the LEI number from ₹50 crore and
the resident entities (non-individuals) undertaking capital or current account above
transactions of ₹ (per transaction) under FEMA, 1999.
224. Risk category of customers dealing in import/export High Risk
225. Maximum eligible project cost under PMEGP (first finance) in business/service sector ₹20.00 Lakh
226. Maximum eligible collateral free loan amount to SHGs under NRLM ₹20.00 Lakh
227. What is Aadhar payment bridge system?

(It is a unique payment system implemented by National Payments Corporation of India (NPCI), which uses Aadhaar number
as a central key for electronically channelizing the Government subsidies and benefits in the Aadhaar Enabled Bank Accounts
(AEBA) of the intended beneficiaries)
228. Exposure limit of Banks to non-financial and unregulated financial companies 5% of net
worth
229. The aggregate exposure of a bank to the capital markets in all forms (both fund based 40%
and non-fund based) should not exceed per cent of its net worth.
230. Penal interest payable by Banks for delay in cheque collection above 14 days
(Interest at the rate specified in the CCP of the bank, shall be paid. In case the rate is not specified in the CCP, the applicable
rate shall be the interest rate on Fixed Deposits for the corresponding maturity)
231. In case of detection of Fraud or red flagging of any account by a Bank, within a period of 15 days and 15
from RFA/Fraud classification, the bank which has red flagged the account or days
detected the fraud would ask the consortium leader or the largest lender under MBA to
convene a meeting of the JLF to discuss the issue. The meeting of the JLF so requisitioned
must be convened within a period of ________ such request being received.
232. Banks to report suspicious transaction report to FIU-IND within a period of_______ Within 7 days
(Within 7 days ofarriving at a conclusion that any transaction, whether cash or non-cash, or a series
of transactions integrally connected are of suspicious nature)

233. Banks to give ________period prior notice to customer in case of change in Terms 30 Days
and conditions of a loan/account.
(If the change is adverse to the customer, prior notice of minimum 30 days will be provided and the
customer may be provided options, to close the account or switch to any other eligible account
without having to pay the revised charge or interest within 60 days of such notice.)
234. RBI organized its first global hackathon 'HARBINGER 2021 – Innovation for Smarter Digital
Transformation' with the theme Payment
235. India ranks __largest country in the world in terms of foreign exchange reserves 4th as of June
2022
236. Mandatory leave period for Officers working in sensitive position in Banks 10 working
days in a year
237. MSwipe recently tied-up with ____ to strengthen digital payment acceptance in India Mastercard
238. Reserve Bank of India has increased the maximum amount outstanding in respect ₹ 2 lakh
of full-KYC PPIs to ₹____
239. Gati Shakti master plan may help cut logistics cost to % of GDP 8%
240. Street vendors identified as part of the PM SVANidhi Scheme which Tier centres will now Tier-1 & 2
be included as beneficiaries under the Payments Infrastructure Development Fund (PIDF) included now in
Scheme? addition to Tier-3
to Tier-6
✓ [Tier-I cities are those with a population of 1 lakh and more as per 2001 census.
included earlier
✓ Tier-II cities are those with a population of 50,000 to 99,999 as per 2001 census.
✓ Tier-III cities are those with a population of 20,000 to 49,999 as per 2001 census.
✓ Tier-IV cities are those with a population of 10,000 to 19,999 as per 2001 census.
✓ Tier-V cities are those with a population of 5000 to 9999 as per 2001 census
✓ Tier-VI cities are those with a population of less than 5000 as per 2001 census]
241. Bank named as the world’s most systemic Bank JP Morgan

Chase
SCALE I-II (09.01.2022)
242. If an account remains overdue for 31-60 days, it will be classified under ____ SMA-I
243. Finance minister Nirmala Sitharaman attended the G-20 Seminar on Recover Together- Indonesia
Recover stronger in October 2022 which was organized by____ (Updated)
244. Country become the 105th member country of the International Solar Alliance Nepal
245. Bank which has launched electric vehicle loan scheme ‘Go Green’ in November 2021 ESAF Bank
246. Bank which has launched India's 1st credit card made from recycled PVC (Polyvinyl HSBC India
chloride) plastic
247. National Milk Day is observed each year on _____ 26 November

(November 26, 2021, marks the 100th birth anniversary of Dr Verghese Kurien, who is also known as
the 'Father of White Revolution' in the country. Every year since 2014, Kurien's birth anniversary has
been observed as the National Milk Day)

248. Full form of RCSA or RCA? Risk and
(Risk and Control Self-Assessment (RCSA / RCA) processes are a popular tool, used by many banks,
Control Self-
insurers and asset managers, to identify and assess their operational risks in an efficient and Assessment
systematic way)
249. State Bank of India has signed a master agreement with Adani Capital Private Ltd (Adani Co-lending to
Capital), the NBFC arm of Adani Group, for the purpose of . farmers for
purchase of
tractor and
farm
implements
250. Number of pillars defined in BASEL-III 3
251. Champions portal is meant for To redress

grievances and
aid affected
MSME sectors
across the
country
252. Name of the MSME portal for nurturing entrepreneurship and creating business models for Udyam Sakhi
low-cost products and services in order to empower women and make them self-reliant and Portal
self-sufficient
253. Bhabha Atomic Research Centre (BARC) has collaborated with _____ company to scale-up BPCL
alkaline electrolyser technology for green hydrogen production
254. PFRDA Act was enacted in ______ 2013

(The Pension Fund Regulatory & Development Authority Act was passed on 19th September, 2013
and the same was notified on 1st February, 2014)
255. RBI established on ______ 1st April 1935
256. Definition of Operational Risk

(The risk of loss resulting from inadequate or failed internal processes, people and systems or from external events’. This
definition includes legal risk but excludes strategic and reputational risk.)
257. Per transaction maximum limit under Indo-Nepal Remittance scheme in non-cash ₹2.00 Lakh
mode
258. Minimum credit exposure that should be reported under CRILC by Banks ₹5.00 Crore &
above
259. For settlement of deceased claim in case of missing persons, as per the Section 108 of
provisions of_______ act, presumption of death can be raised only after a lapse of___ the Indian
Evidence Act
years from the date of his/her being reported missing.
and 7 Years

MEMORY RECALLED QUESTIONS (MRQs) -2021
SCALE I-II (DT. 29.12.2021)
1. Court fees payable for cases referred to Lok Adalat NIL
(There is no court fee payable when a matter is filed in a Lok Adalat)
2. Penalty charged to Banks by RBI for non-acceptance of lower denomination notes ₹10,000
(₹10,000 for any violation of agreement or deficiency of service. ₹5 lakh in case there are more
than 5 instances of violation of agreement/deficiency in service by the branch. The levy of such
penalty shall be placed inpublic domain and the penalty shall be levied immediately)
3. Maximum amount of loan allowed against Tax Saving Term Deposits Not allowed
(No premature withdrawals, loans, or overdraft facilities are available against tax-saving FDs)
4. Maximum loan allowed against pledge of Banks own shares NIL

(Banks can’t advance loans against their own shares)
5. What is on-us card transaction?

(On Us Transaction means a transaction where the acquiring bank of the Merchant and issuing bank of the Payment Card
used by a User to make a Transaction are the same entity. Its opposite is off-us)
6. The Mobile Money Identifier (MMID) is consisting of how many digits? 7
7. The Foreign Account Tax Compliance Act (FATCA) is applicable for which country? USA
8. Role of National Financial Reporting Authority (NFRA)

(To ensure that accounting standards and auditing procedures are followed, as well as to monitor and implement compliance)
9. The settlement of transactions booked in SPOT rate happens in______ T+2 days
10. The exporter should submit the export documents within ____days to authorized dealer 21 days
for collection
11. Threshold limit under LRS above which PAN is required for remittance abroad?
(It is mandatory for the resident individual to provide his/her Permanent Account Number (PAN) for all transactions under
LRS made through Authorized Persons.)
12. Period of overdue where an account is classified as SMA-1 31 to 60 days
13. Minimum margin requirement in case of export credit 10%
14. Meaning of Lead Generation : To source the prospective client for sale of any product
15. Non-conduct of surprise verification of currency chest balances at __________intervals by (i) bi-monthly
officials unconnected with the custody of the currency chest and _________intervals by the
(ii) six-monthly
officials from the Controlling Office.
16. The currency chest balances should be verified at ________an interval by the officials from Once in six
the Controlling Office of the bank by packets and bundles and___ percent of the balances months, 5%
in all denominations should be verified through Note Sorting Machines.
17. Pensioners aged 80 years and above can submit life certificate to banks during______ 1st October to
30th November
every year

18. Relation between price of Bond and its YTM A bond's price
moves inversely
with its YTM
CLERICAL to SCALE I (DT. 26.12.2021)
19. Which is not a negotiable Instrument? FDR issued by

Banks
(Cheque, Promissory Note, Bill of Exchange, Fixed Deposit receipt issued by Banks)
20. Minimum amount of Deposit under Senior Citizens Savings Scheme ₹1000/-
21. Maximum limit of Education Loan to qualify under Priority Sector Lending ₹ 20 lakh
22. Cash loading to reloadable PPIs shall be limited to ₹_______/- per month subject to ₹50000/-
t h e overall limit of the PPI.
23. Target for agriculture lending for commercial Banks (excluding RRBs) under Priority 18% of ANBC or
Sector Lending COBE whichever
is higher
24. Banks should not insist collateral in case of agriculture loans up to an amount of___ ₹1.60 Lakh
25. Banks should provide education loans up to the limit of________without collateral. ₹7.50 Lakh
26. Norms relating to license for the opening of new Branch is defined under which act and Section 23 of
section BR Act
27. Reverse mortgage loan is financed for which purpose?

(The scheme is for the benefit of senior citizens owning a house but having inadequate income to meet their needs. A
homeowner who is above 60 years of age is eligible for reverse mortgage loan. It allows him to turn the equity in his home
into one lump sum or periodic payments mutually agreed by the borrower and the banker)
28. Relationship between cheque collecting Bank and the customer Agent and
Principal
29. Relationship between the Bank and customer in case of lockers Lessor and
Lessee
30. Meaning of Net NPA

(A 'non-performing asset' (NPA) was defined as credit in respect of which interest and/ or instalment of principal has remained
'past due' for a specific period and that ceases to generate income for the Bank following accrual concept as per RBI
guidelines)
31. Meaning of Net Interest Income

(Net interest income (NII) is the difference between the interest income a bank earns from its lending activities and the
interest it pays to depositors)
32. Total Business Mix means The total

advance plus
deposits of a
Bank
33. In case of nomination given by an illiterate account holder with thumb impression Two
______witnesses are required for nomination

34. What are Gross and Net Advance?
(Gross Advances’ mean all outstanding loans and advances including advances for which refinance has been received but
excluding rediscounted bills, and advances written off at Head Office level (Technical write-off). Gross advance includes
standard advances and gross NPA. Net advance is arrived after deducting the following from Gross advances; NPA provisions,
DICGC/ECGC claims received and pending for adjustment, part payment and interest capitalization kept in sundry accounts,
floating provisions and other provisions.)
35. Contribution of agriculture in the GDP of India 18.8%

(Agriculture contributes 18.8% of GVA as per Economic Survey 2021-22)
36. A loan/CCOD account will be classified as SMA-II if it remains overdue for_______ 61 to 90 days
37. Timings for RTGS 24 × 7 all time
38. Minimum amount of remittance permitted through RTGS ₹ 2,00,000/-
39. Cash-out at any ATM of more than___hours in a month will attract a flat penalty of ₹____ 10 hours and
per ATM. ₹10000/-
respectively
40. Minimum number of directors in a Pvt. Ltd company Two
41. Male employees with upto 2 surviving children shall be eligible for days 15 days and 6
paternity leave during his wife’s confinement and may be availed before or upto_____ months
respectively
months from the date of delivery of the child.
42. Annual encashment of Privilege live is permitted up to ______ days in a year 5 days
43. The KYC/AML/CFT guidelines are issued with an objective of:

(To prevent banks from being used, intentionally or unintentionally, by criminal elements for money laundering or terrorist
financing activities)
44. Meaning of money laundering

(Money laundering is the practice of making money that was gained through criminal means, such as smuggling weapons,
look as if it came from a legitimate business activity)
45. BBPS (Bharat Bill Payment System) maintained by_____ NPCI
46. Maximum transaction limit through cards in contactless mode in POS ₹5000/-
47. If a letter written in Hindi is received, it should be replied in_______ Hindi
48. The notice board/notices should be in which language?

(Hindi followed by English in Hindi-speaking states and in trilingual form with regional language followed by Hindi and
English in other states)
49. Periodicity of Nagar Rajbhasa Committee meetings Minimum Two

meetings in a
year
50. The STR report needs to be reported to___ FIU-IND

(Financial Intelligence Unit-India)

51. A short-term crop loan becomes NPA if it remains overdue for__ Two crop
seasons
52. What is the land holding norms for Small and marginal farmers?
(Marginal with holdings of less than 1 hectare and small with land holding of 1-2 hectares)
SCALE-III to IV (05.12.2021)
53. The section of NI Act that describes about inchoate instruments is_____ Section 20
54. Attestation of nomination made by a literate person is required to be done with how No
many witnesses attestation/wit
ness is required
55. An account becomes inoperative where there is no customer induced transaction for 2 Years
a continuous period of___
56. Incentive payable to Banks by RBI for distribution of coins ₹65/- Per Bag
(₹65/- per bag will be paid on the basis of net withdrawal from currency chest. An additional
incentive of ₹10/- per bag would be paid for coin distribution in rural and semi-urban areas)
57. Course of action if a Bank receives cheque signed by Power of Attorney holder where Not to be passed
the principal has died?
58. Banks should implement Positive Pay System in CTS for all account holders issuing ₹50,000 &
cheques for amounts of ₹ at the discretion of the account holder, and make it above and
mandatory in case of cheques for amounts of ₹___. ₹5,00,000 &
(The facility of Positive Pay System (PPS) has been made live w.e.f. 04.04.2022 in our bank through
above
all branches, Internet Banking Services -Retail & Corporate, PNB ONE & SMS Banking. Limit ₹ 10
Lakh & above)
59. Garnishee order is applicable to the funds available in customers accounts where the Debtor and
relationship between Bank and customer is; Creditor
60. High-grade investment bonds offered by governments as a method of borrowing funds Gilt edged
are termed as____ Bonds
61. The type of Account used by Broker on behalf of Customer Pool Account
62. Under Agriculture Infrastructure Fund scheme, ln case, one eligible entity puts up projects 25
in different locations then all such projects will be eligible under the scheme for loan upto
₹ 2 crore. However, there will be a limit of maximum of ___number of such projects.
63. Maximum period of repayment under PMAY 20 years
64. Maximum amount of Capital subsidy available under Swachhta Udyamai Yojana (SUY) ₹3.25 Lakh
scheme of National Safai Karamacharis Finance and Development Corporation (NSKFDC)
65. Maximum loan amount (other than housing) and rate of interest under DRI ₹15000/- and
Scheme 4%
66. Loans up to ₹5 crore to co-operative societies of farmers for purchase of the produce of Ancillary
members is classified under ____ category of Priority Sector Lending Services under
Agriculture

67. Target for lending to Weaker Sections as percentage to ANBC or CBOE whichever is higher 12%
for Domestic commercial banks (excl. RRBs) & foreign banks with 20 branches and above
and Small Finance Banks for FY 2023-24
68. Target for lending to Priority Sector as percentage to ANBC or CBOE whichever is higher 40%
for Domestic commercial banks (excl. RRBs & SFBs) & foreign banks
69. Target for lending to Priority Sector as percentage to ANBC or CBOE whichever is higher 75%
for RRBs & Small Finance Banks
70. As per Section 19(2) of Banking Regulation Act, no banking company shall hold shares in 30% and 30%
any company, whether as pledgee, mortgagee or absolute owner, of an amount exceeding
per cent of the paid-up share capital of that company or per cent of its own paid-up
share capital and reserves, whichever is less
71. Maximum limit of remittance through NEFT No limit
72. Under Indo-Nepal Remittance scheme, NEFT facility is available for remittance to Nepal ₹50,000/- and
by way of cash from walk-in customers or non-customers with a ceiling of ₹ __per 12*
remittance and with a maximum of __ remittances in a year
(*In case when remitter is having account in our Bank, the cap of 12 remittances in a year per
remitter has been removed)
73. Amount of Sum Insured payable under PMSBY, in case of total and irrecoverable loss of ₹1.00 Lakh
sight of one eye or loss of use of one hand or foot
74. White Level ATM is managed by_____ Private ATM

service
providers
/NBFCs
SCALE-II to III (05.12.2021)
75. Premium payable by Banks for deposit insurance under DICGC 12 paise per
₹100 of
assessable
deposits per
annum
76. Meaning of an inchoate negotiable instrument Instrument

which is
incomplete but
is signed by the
drawer
77. Cash Reserve Ratio is defined in ______ Section 42(1) of

RBI Act
78. As per section _____ of __ Act Banks shall not repay the proceeds of any Term Deposit to Section 269T of
the customer in cash where the amount of the deposit is to be repaid together with any IT Act
interest, is ₹20,000/- or more
79. Banks should preserve Counterfeit Notes for a period of years from the date of receipt 3 years and 3
from the Police authorities/ Courts. Further, counterfeit notes, which are subject matter of years
litigation in the court of law should be preserved with the branch concerned for __years
after conclusion of the court case
80. As per The Banking Companies (Period of Preservation of Records) Rules, 1985, every 8 Years
banking company shall preserve, its books, accounts, ledgers, cash books, vouchers etc
to a period of not less than____years immediately preceding the current calendar year.
(Individual Banks may have policies to keep for longer periods)
81. Data to be provided to Banks by the drawer of a cheque under Positive pay system Beneficiary
name, amount
and date of
cheque
82. Soiled note remittances to RBI should not be shown as withdrawal by chest. In case such ₹ 50,000/-
remittances to RBI are wrongly reported as 'withdrawals', a penalty of ₹ will be levied
irrespective of the value of remittance and period of such wrong reporting.
83. Limitation period for filing suit for Personal liability of the mortgagor (borrower / guarantor) 3 Years
in case of loans against mortgage of immovable properties except in case of Term Loans?
(3 years from date of agreement / acknowledgement of Promissory Note. It is not related to right to
sale the mortgaged property and only for personal liability based on loan agreement)
84. Revenue stamp of ₹1/- is required to be affixed if the value of cash payment/cash More than ₹
transaction is____ 5,000 per
receipt
85. Section 45 ZA to 45 ZF of Banking Regulation deals with_____ Nomination

(Nomination facility in Deposit Accounts (ZA & ZB), articles kept in safe custody (ZC & ZD) and lockers
(ZE & ZF)
86. Flying club maintains account with your Bank which is operated by Secretary and treasurer. Cheque will be
Bank gets information that, the treasure has died recently. What will be the course of passed
action when Bank receives the cheque signed by Secretary and treasurer?
87. Sum assured and premium amount under PMJJBY ₹2.00 Lakh and
₹436/-
88. Sum assured and premium amount under PMSBY ₹2.00 Lakh and
₹20/-
89. Under NPS, complete (100%) Lump sum withdrawal allowed if the corpus is equal to ₹ 5 Lakh
or below ___upon normal exit i.e exit on or after the age of 60 years.
90. Under NPS, complete (100%) Lump sum withdrawal allowed if the corpus is equal to ₹ 2.50 Lakh
or below ______upon premature exit i.e exit before the age of 60 years.
91. Banking outlet which does not provide delivery of service for a minimum of_____hours 4 hours & 5
per day for at least _____days a week will be considered a part time banking outlet. days
92. As per RBI directives, Banks may waive margin requirements for agricultural loans up to ₹1.60 Lakh
₹____________
93. Loans to SHGs with a limit of _________for income generation purpose (excluding Between ₹10.00
crop cultivation) shall be covered under CGFMU. Lakh to ₹20.00
Lakh

94. Only credit bureau that provides credit information on borrowers of Microfinance institutions CRIF Highmark
in addition to other Banks / Financial institutions and Cross alerts
95. As per UCPDC, the issuing Bank is allowed a time period of_____following the day of the 5 Banking days
receipt of the documents to verify its genuineness.
96. Under Stand-up India scheme, Banks can sanction loans up to _____ of total project cost 85%
97. Credit Guarantee Scheme of NCGTC for loans extended by Banks to MFIs shall cover funding ₹7,500 crore
provided by the MLIs to MFIs/NBFC-MFIs till March 31, 2022 or till guarantees for an
amount of ₹____are issued, whichever is earlier.
98. Funding pattern of DAY-NRLM between the Centre and States 60:40
(Shared between the Centre and the States in the ratio of 60:40 (90:10 in case of North Eastern
States including Sikkim; completely from the Centre in case of UTs))
99. DAY-NRLM would ensure adequate coverage of vulnerable sections of the society such that 50%, 15% and
% of the beneficiaries are SC/STs, % are minorities and % are persons with 3%
disability
100. Integrated housing projects comprising of some commercial space (e.g. Shopping complex, 10%
school etc.) can also be classified under CRE-RH, provided that the commercial area in
the residential housing project does not exceed …..% of the total Floor Space Index
(FSI) of the project
101. The aggregate exposure of a bank to the capital markets in all forms (both fund based and 40%
non-fund based) should not exceed _____per cent of its net worth as on March 31 of the
previous year
102. Minimum margin to be maintained in case of loans against shares / debentures held in 25%
DEMAT form is___
103. Which of the following is a high-risk customer: NGOs and

organizations
(Govt. Agency, Gas Dealers, NGOs and organizations receiving donations)
receiving
donations
104. Where the customer is a partnership firm, the beneficial owner is the natural person(s), 15%
who, whether acting alone or together, or through one or more juridical person, has/have
ownership of/entitlement to more than % __of capital or profits of the partnership.
105. Where the OVD furnished by the customer does not have updated address, the documents 3 Months
such as utility bill which is not more than 2 months old, property tax receipt, PPOs or letter
of allotment of accommodation from employer shall be deemed to be OVDs for the limited
purpose of proof of address provided the customer shall submit OVD with current address
within a period of___of submitting the documents.
106. Out of following which is not correct for BSBD account: 4 withdrawals
in a month
i. Four withdrawals in a month excluding ATM withdrawals free of charge,
excluding ATM
ii. Deposit of cash at bank branch as well as ATMs/CDMs, withdrawals
iii. Receipt/Credit of money through electronic payment channels or by means of deposit/
collection of cheques drawn by Central/ State Government agencies and departments,
iv. No limit on the number and value of deposits that can be made in a month,
v. ATM card or ATM-cum-Debit Card
(In BSBD accounts 4 withdrawals are allowed in a month including ATM withdrawals)

107. Penalty payable by Banks for failed ATM transactions where the account got debited and ₹100/- per day
the amount not reversed by Bank within T+5 days
108. Cash withdrawal limit from Points of Sale (PoS) terminals using debit cards and open system ₹2000/-
prepaid cards issued by banks
(₹2,000 per transaction within an overall monthly limit of ₹10,000 across all locations i.e Tier 1 to 6
centres. Modified vide RBI notification dated 19 May 2021).
Scale IV to V EXAM HELD ON 21.02.2021

1. Modification of Interest in Loan Account HLINTTM
2. Modification of Interest in CC/OD Account HINTTM
3. Menu STOP Payment HSPP
4. Menu for Bill Pay report HBPSRPT
5. Menu for Cheque book destroy CHBD
6. Menu for DD Credit Inquiry HDDIC
7. Menu for Split of Cheque book all location HISIA
8. Menu for TDS Inquiry HTDSIP
9. Menu for collateral master maintenance HCMM
10. Menu for Locker master maintenance HLKCM
11. Menu for NPS Registration HNPSREG
12. Menu for UTR inquiry HUTRI
13. Menu for Modification before verification of SB account HOAACMSB
14. Menu for RTGS report HRTGSRPT
15. Menu for GST report CUSTGST
16. Menu for opening of TD account HOAACTD
17. Menu for TDS inquiry and printing HTDSIP
18. Menu for inquiry on SWIFT message HSMI
19. Menu for transfer of inventory in a specific location HIMC

(Inventory movement between locations)
20. Revenue Audit reports are to be closed within ____ days in case of 45 Days &
Small/Medium/Large branches and within ____ days in case of
3 Months
LCBs/eLCBs/CBBs/MCCs/IBBs/AD Branches.
(For more detail refer: Revenue Audit Policy: 2022-23 Dt 30.06.2022)

21. DSCR Calculation Net profit 300, Depreciation 100, TL Installment principal 100 2.25
Interest 60, Tax 100 (PAT+Dep.+TL Intt./TL Intt.+ Instalment= 360/160)
22. Financing of Bicycles to Farmers:

(Which of the following is Not True)
a. Financing of bicycle should form an integral part of loan along with pump sets Pump set should
not be of more
b. Bicycle should be used primarily for the purpose of carrying the pump sets to and
than 10 HP
from the agriculture field.
c. Diesel pump set should be a light weight one which could be transported on a
bicycle
d. Pump set should not be of more than 5 HP

e. Pump set should not be of more than 10 HP
(For more detail refer: Scheme for Financing Minor Irrigation Activities PSFID Cir No.24/2020
dated 26.03.2020)
23. PNB Farm Score Model for Farm Credit-Allied Agriculture with limit above ₹1 lakh Model IV
(Renewal/ Enhancement)
(Model I: Farm Credit-Agriculture with limit above ₹1 lakh.
Model II: Farm Credit- Allied Agriculture with limit above ₹1 lakh.
Model III: Farm Credit- Agriculture with limit above ₹1 lakh (Renewal/ Enhancement).
Model IV: Farm Credit-Allied Agriculture with limit above ₹1 lakh (Renewal/ Enhancement)
24. Operational Risk Management Committee (ORMC):
Special Invite person in the meeting:
i. All other General Managers of Integrated Risk Management Division
ii. General Manager – Fraud Risk Management Division
iii. Divisional Head – KYC
iv. DGM – Law Division (In given option DGM-Law was the correct answer)
v. Principal Officer (Presently, DGM – Centralized AML Cell)
(Reference: Operational Risk Management Policy 2022-23 IRMD Cir. No. 15/2022 dated 09.05.2022)
25. The overall ceiling for ECB facility for Oil Marketing Companies USD 10 Billion
(For more detail refer: RBI Circular on External Commercial Borrowings (ECB) Policy – New ECB
Framework dated 16.01.2019)
26. Guidelines for Seizure and Sale of Vehicles (including tractors) of Defaulter
Borrowers: Fee payable to Seizure & Disposal Agent: Acting as custodian of vehicle
₹125 & 60 Days
/ Storage Charges: Maximum _____ per day for a maximum period of ____ days during
which either the possession is to be restored to the borrower or the vehicle is sold
Other Fee payable:
▪ Seizure and transporting the vehicle to a nearby godown: Maximum ₹3000/- per vehicle
for Cars, Trucks etc. Maximum ₹4000/- per vehicle for Tractors
▪ Sale of vehicle: 5% of amount realized
▪ Recovery without seizure/sale of vehicle/Tractor: 5% of amount recovered
(For more detail refer: SASTRA Cir. No. 24/2022 dated 27.04.2022)

27. In case no mode of transport, either private or public, is available and the distance to ₹2 Lakh
be covered is short, cash remittance may have to be sent on foot on written permission
of the Circle Office. This situation is more likely to be confronted in remote areas such
as hilly terrain. In such cases, remittance should not exceed ____ in each case
28. Sensitive Analysis under Future Lease Rental

While considering financing under the scheme sensitivity analysis on below mentioned
factors should be carried out:
a) Change in Lease Rentals - Decreased by ___ 10%,
b) Change in Occupancy Levels - Decreased by ___ 10%,
c) Change in Rate of Interest - Increased by ___ 2%

(For more detail refer: IRMD L&A Cir No.21/2022 dated 15.02.2022)
29. Hypothecation defined under _____ act SARFAESI
30. Buyers Credit Max time period 1 Year
31. There should be minimum ____ gap between the date of publication and the date of 30 Days
Auction or date of opening the tenders
32. Calculation of Provision: ₹12.80 Lakh

NPA ₹20 Lakh , Security ₹12 Lakh , Doubtful 2 Years
33. NPS Contribution to be converted to Annuity (upon Normal Superannuation) At least 40%
[As per Pension Fund Regulatory & Development Authority (PFRDA) Exit Rules, following
Withdrawal categories are allowed:
a. Upon Superannuation - When a subscriber reaches the age of

Superannuation/attaining 60 years of age, he or she will have to use at least 40%
of accumulated pension corpus to purchase an annuity that would provide a
regular monthly pension. The remaining funds can be withdrawn as lump sum.
If the total accumulated pension corpus is less than or equal to ₹5 lakh,
Subscriber can opt for 100% lumpsum withdrawal.
b. Pre-mature Exit - In case of pre-mature exit (exit before attaining the age of
superannuation/attaining 60 years of age) from NPS, at least 80% of the
accumulated pension corpus of the Subscriber has to be utilized for purchase of
an Annuity that would provide a regular monthly pension. The remaining funds
can be withdrawn as lump sum. However, you can exit from NPS only after
completion of 10 years.
If the total corpus is less than or equal to ₹2.5 lakh, Subscriber can opt
for 100% lumpsum withdrawal.
c. Upon Death of Subscriber - The entire accumulated pension corpus (100%)

would be paid to the nominee/legal heir of the subscriber.
(For more detail refer: FAQ on NPS)
34. BHIM UPI Minimum amount per transaction and Maximum amount per month ₹ 0.01 &
₹10 Lakh
35. Cheque presented by POA holder on death of account holder Mark Return

36. Loan against FDR w.r.t. margin requirement for FDR having remaining maturity period 12%
of 57 months
(Ref: IRMD L&A circular 39/2021 dated 19.02.2021)
37. Priority Sector target for SMF/MGF for the year 2022-23 9.50%
38. Indicative Value having RAROC in Amber Zone and its significance Cost of equity>
RAROC>=
Weighted average
of cost of capital,
Caution Required
(For more detail refer IRMD L&A Circular No.22/2020 dated 05.03.2020)
39. Competent authority to initiate action under IBC, 2016 (for CIRP and Insolvency of HOCAC-II
Personal Guarantors) NCLT case having exposure ₹110 crore
(Upto ₹100 crore: HOCAC-I, above ₹100/-crore to ₹300/- crore: HOCAC-II, Above ₹300/- crore
: HOCAC-III)
(For more detail refer: SASTRA Cir. No. 20/2022 POLICY OF THE BANK ON INSOLVENCY
& BANKRUPTCY CODE dated 20.04.2022)
40. Nomination: select wrong from options Nominee to sign

the form
41. Which category of advances are not exempted from New Business Group (NBG)
i. Exposure arising on account of BPLC 50% security

ii. All existing Borrowers seeking additional/enhancement of credit facilities
iii. Exposures secured by 50% cash margin (Exempted if it is secured by 100%)

iv. Adhoc facilities
42. ‘Per Drop More Crop’ is component of ___ PMKSY- PDMC
(Department of Agriculture Cooperation & Farmers’ Welfare is implementing ‘Per Drop More
Crop’ component of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY- PDMC). The PMKSY- PDMC
focuses on enhancing water use efficiency at farm level through Micro Irrigation technologies
viz. Drip and Sprinkler irrigation systems. Drip micro irrigation technique not only helps in water
saving but also in reducing fertilizer usage, labour expenses and other input costs.)
43. Under Sampatti scheme concession in ROI in case security is more than 200% No such
concession
(Guidelines modified vide MSME Circular No.15/2022 dated 17.02.2022, as per revised
guidelines treatment of concession shall be as under)
Concession of 0.25% over applicable rate in following cases:
Upto ₹5.00 Crore
a. In case borrower opts for OD Reducing Facility.
b. In case borrower offer residential property (self-occupied by Proprietor/ Partner/ Director/
Trustee/ Promoter/Guarantor)

ZOCAC & above authority may grant concession upto 0.50% subject to minimum of RLLR+BSP
Above ₹5.00 Crore

ZOCAC & above authority may grant concession upto 0.50% subject to minimum of RLLR+BSP
44. I-Bank maximum transaction limit per day ₹15 Lakh &
unlimited for Govt
(No limit on transfer to own accounts and payment towards Government Dues)
Dues
45. Customer Fair policy chose correct option: Right to Fair

Treatment
As per RBI guidelines on Charter of Customer Rights: 5-basic rights of bank customers are:
(i) Right to Fair Treatment; (ii) Right to Transparency; Fair and Honest Dealing; (iii)
Right to Suitability; (iv) Right to Privacy; and (v) Right to Grievance Redress and
Compensation.
Under Right to Fair Treatment, as per our bank guidelines it comprises:
To Act Fairly And Reasonably In All Dealings With The Customers In Matters Of
• Providing minimum banking facility of receipt and payment of cash/ cheques at the banks'
counters. Basic banking services are provided in the no-frill accounts.
• Meet the commitments and standards in the Charter for the products and services offered
and in the procedure and practices followed.
• Ensuring that products and services meet relevant laws and regulations in letter and spirit.
• Ensuring dealings with the customers rest on ethical principles of integrity and transparency.
• Operating a secure and reliable banking and payment system.
• To deal quickly and sympathetically with customer grievances arising due to errors, delays in
handling of customer related issues or on account of problems arising due to technological
failure.
46. Term for Future Value as on today Net Present Value

47. BASEL III third pillar Market Discipline
48. FATCA agreement with which country USA
49. Calculation of NWC : Long term use ₹34, Total Assets ₹60, Long term Source ₹42 ₹8/-
(NWC ₹26-₹18 =₹8)
50. Loans up to _____in metropolitan centres and up to ₹6 lakh in other centres for repairs ₹10 Lakh
to damaged dwelling units conforming to the overall cost of the dwelling unit
51. Question based on classification of unit under Medium Enterprise
52. RuPay Classic Cash withdrawal limit (per day) ₹25000/-
53. CTR Report counterfeit notes to FIU, _____ of the succeeding month 15th
54. RLLR exempted cases Staff loan/FD OD Loan- select wrong from options Staff loan in
Public Scheme
55. A person who does not have an account based relationship with the Bank, but Walk in Customer
undertakes transactions with the Bank

56. Which of the following is the customer: Beneficial Owner
i) Well-wisher of bank
ii) Beneficiary of intermediately accounts

iii) Beneficial owner of account
57. Customer’s Monthly Income ₹50,000/- maximum deduction allowed for Home Loan 60%
Under PNB Home Loan where Gross Annual Maximum Permissible
Salary/Income (GAS/I) of the borrower(s) is Deduction of GAS/I will
be
Upto ₹5.00 Lakh 50%
Above ₹5.00 lakh and upto ₹10.00 lakh 60%
Above ₹10.00 lakh 70%
AGM PLP, ZOCAC-I & above, shall permit higher %age deduction of GAS/I subject to
Maximum 10% over & above the prescribed ceiling under each bracket of GAS/I
(Ref. RAD Cir No. 61/2022 dt.06.06.2022)
58. Maximum Contribution in NPS:
Particulars NPS Tier-I Account NPS Tier-II Account
Status Default Voluntary ₹2.00 Lakh
Withdrawals Not Permitted Permitted
Tax Exemption Up to ₹2 lakh p.a. ₹1.50 lakh for Govt. Employee,
(Under 80CCD-1 ₹1.50 Lakh Other Employee-None
and 80CCD (1B) ₹0.50 lakh)
Initial Contribution ₹500/- ₹1000/-
Minimum NPS Per Contribution ₹500/- ₹250/-
Contribution Per FY ₹1000/-
Maximum NPS No Limit No Limit
Contribution
59. Which cannot be included in Education Loan component Caution money
deposited to
institute
60. Risk Weight for Investment in JV/ DTA due to timing difference 250%
61. PM Awas Yozana: Choose wrong option 25 years
6.50% subsidy/Eligible Household Income ₹6.00 lakh/ Max. tenor of 25 years

(Maximum tenor of loan on which subsidy will be calculated 20 Years)
(The scheme has been discontinued- Ref: RAD circular 38/2022 dated 08.04.2022)
62. CRILIC Reporting to RBI ₹5.00 Crore &

above
63. Components of Tier-I capital which one is not included:

a) Revaluation reserves at a discount of 55%
b) Forex translation reserves @ discount of 25%
c) Deferred Tax Assets DTA Provisions
d) DTA Provisions
64. Loaning Power for internally A1, A2 rated borrower is ____of the normal loaning power 125%
(For more detail refer IRMD L&A Circular No.173 dated 19.11.2022, Specific Para 1.6)
65. Complaint to ombudsman cannot be raised if _____ Loan rejected

with valid reason

66. The guarantees which have been issued by branches under guarantee limit sanctioned Option: B
by higher authorities can be renewed if____ (Choose which one is wrong)
a. They are within sanctioned limit,

b. Extension is for a period not exceeding 24 months, (It is 12 Months)
c. No adverse feature has been noticed.
(Refer IRMD L&A Cir. No.73 dated 19.04.2021, Specific Para-5, Period of Guarantee)
67. Minimum level of transaction testing in case of Low-Risk Category branch with
direction:
40%
Increasing_____
30%
Stable_________
20%
Decreasing ______
(Refer IAD Circular No.31 dated 16.08.2022, RBIA Policy)
68. Intangible Asset Software
69. WDRA has approved two repositories namely, M/s National Electronic Repository CDSL Commodity
Limited (NERL) and _____for creation and management of electronic Negotiable Repository Limited
Warehouse Receipts (e-NWRs) (CCRL)
70. Which of the following is wrong about UPHAR Card: Card cannot be
surrendered
a) Maximum Amount to be loaded in Card: ₹ 10,000/-
b) Card may be issued only to individual customer after doing full KYC
c) Validity of Card: Minimum 1 year. Maximum 3 years. Branch not to issue/reload

Suvidha card which has validity left < 1 year.
d) Type of account in CBS: Current Account, These cards are not reloadable.
e) Card cannot be surrendered
[Now, based upon revised RBI direction, PNB Uphaar Cards can be surrendered. The Uphaar
Cards shall be surrendered through PPSUR menu option]
(Ref: DBD Cir No. 64/2021 dt.15.11.2021)
71. Warehouse Commission (Pledge Fees) 0.36% p.a.
Service Charges payable to National E-Repository Limited (NERL):

• Pledge fees of 0.36% per annum on outstanding loan amount which shall be
calculated and payable on monthly basis against the pledge of commodities through
Exchange related E-NWR.
• Pledge fees of ₹ 6.00 per Metric tonne per month and payable on monthly basis
against pledge of commodities through non- Exchange related E-NWR.
(Refer MSME Cir No. 48/2020 dated 27.03.2020)
72. Under scheme for Farm House Construction, Maximum limit of Loan for repair of ₹5 Lakh
existing structures
FOR CONSTRUCTION OF FARMHOUSE: Need based loan depending upon the project cost and
repaying capacity of the borrower subject to maximum ceiling of ₹ 15.00 Lakh
(Refer PSFID Circular No.11 dated 26.03.2020, Scheme for Financing Farm House)

73. Capital Charge under Basic Indicator approach in Basel III Positive Annual
Gross Income
74. Corpus for Credit Enhancement Guarantee Scheme for the Scheduled Castes (CEGSSC) ₹200 Crore
75. Financing vehicles for Farmers/ Agriculturists: 2-Wheeler ₹1 Lakh;
For financing two-wheeler/three-wheeler, maximum loan and maximum repayment 3-Wheeler ₹3 lakh,
period Repayment:
60 Months
76. Minimum credit opinion of the resolution plan for the residual debt from a CRAs that RP4 or better
shall be considered for implementation under resolution framework
77. Incremental exposure (exceeding 11%) in NBFC shall be taken only in those accounts AAA or AA;
where long term external rating is ____and internal rating is ____
A1 to A3
78. SNAP Audit not applicable in case of:

i) No STR/Fraud in last two years
ii) Only those areas which show direction towards high risk in off-site audit No STR/Fraud in
last two years
iii) On directives of Head Office Divisions on the basis of irregularities brought to their
notice
iv) At the behest of Circle Head, where an official posted in a branch, exercising loan
sanctioning powers, tenders resignation/ opt for VRS
79. Whistle Blower Policy: Which of the following is true:

a. The Competent Authority shall, upon receipt of the protected disclosure while
concealing the identity of the complainant, shall make discreet inquiry within
All are true
maximum period of 45 Days, to ascertain whether there is any basis for
proceeding further to investigate the disclosure.
b. Whistle Blower can make a disclosure against any employee / officer of the bank
upto level of General Manager / Chief General Manager. *
*As regard disclosure against any Director, Executive Director, Managing Director & Chief
Executive Officer and Chairman etc. it can be lodged under Govt. of India PIDPI regulations
to designated authority like CVC or Secretary, DFS
c. The disclosure should be sent in a secured manner by way of closed envelope to

the Chairman, Audit Committee of Board. In order to have a speedy disposal
of these disclosures the Whistle Blower should submit disclosure in a closed
envelop super scribed “Disclosure under the provisions of Whistle Blower Policy”
80. Which of the following are the part of Tier-II Capital as per BASEL-III norms?
i. General Provisions and Loss Reserves, Perpetual Cumulative Preference Shares
(PCPS) /
All are true
ii. Redeemable Non-Cumulative Preference Shares (RNCPS) /
iii. Redeemable Cumulative Preference Shares (RCPS)] issued by the banks,
iv. Stock surplus (share premium) resulting from the issue of instruments included
in Tier 2 capital
v. Debt Capital instruments issued by bank
81. Guarantee cover available under Credit Guarantee Scheme for Stand-Up India (CGSSI) 80%
for loan upto ₹50.00 lakh
(Credit facility above ₹10 lakh and upto ₹50 lakh, subject to a maximum of ₹40 lakh:80%.,
For credit facility above ₹50 lakh and upto ₹100 lakh : ₹40 lakh plus 50% of amount in default
above ₹50 lakh subject to overall ceiling of ₹65 lakh of the amount in default)
82. Risk weight for commitments other than securitisation liquidity facilities with an original 20%
maturity up to one year
(Risk weight for commitments with an original maturity over one year :50%)
83. Referral Committee
For cases of frauds wherein competent Authority (CGM Level Committee) considers Committee of EDs
the account for re-examination prior to according approval for reporting the account at HO
as fraud to RBI, the matter shall be referred to_____
84. Partial Credit Guarantee Scheme (PCGS) 2.0 was launched to provide Portfolio AA and below
Guarantee for purchase of Bonds or Commercial Papers (CPs) with a rating of
____issued by NBFCs/HFCs/ MFIs by Public Sector Bank
85. Minimum _____ margin should be maintained on the NAV of the Inv IT assets 50%
Now guidelines modified, revised guideline is asunder:
Margin: HAM – Nil, Toll Receivable – 30%, Other annuity Receivable – 10%
(For more detail refer IRMD L&A Circular No.169/2022 dated 17.11.2022)
86. GECL Validity

All loans sanctioned under GECL during the period from the date of issue of these 30.06.2023
guidelines by NCGTC to ____or till guarantees for an amount of ₹5,00,000 crore are
issued (taking into account all components of GECL), whichever is earlier.
87. PMFBY: District Level Grievance Redressal Committee (DGRC)
Invitee in PMFBY :
A district level monitoring Committee shall act as a grievance redressal Committee for redressal of grievances of Farmers,
Banks, Insurance Company, District Authority/Department. This Committee will be headed by District Magistrate/Collector
and representatives of Farmers, LDM/Banks, DDM NABARD, Insurance Company and concerned District
Authority/Department shall be appointed as members. This Committee may also invite subject specialists/experts
from University/IMD/commodity Boards/Research Institutions, SRSC etc. if deemed necessary. The
Committee will dispose the matter within 15 days.
88. Under Gold Monetization Scheme Medium Term period is ____ 5-7 years
(Refer: IBD Foreign Exchange control Circular No.107 dated 06.08.2022, Policy for
Gold Monetization Scheme)
89. Forensic Audit- Time Norms
i. Forensic audit must be completed within a maximum period of ____from
75 days
authorizing the audit.
ii. _____notice to be issued to Forensic auditor firm / company if Forensic Audit report
not submitted within stipulated time 15 days
iii. Penalty will be as under:-

a. If delay is less than fifteen days beyond 90 days of given time limit and notice
period (75 days stipulated + 15 days’ notice period), 10% of total fees to be
deducted in respect to delay time.
b. More than 15 days but less than a month, 25% of total fees to be deducted in

respect to delay time.
c. More than a month, 50% of total fees to be deducted in respect to delay time
(For more detail refer: FRMD Circular no.48/2022 dated 18.07.2022: Policy on Fraud
Risk Management and Investigation Functions (FRMIF))
90. Which is not covered in operational Risk Liquidity Risk
91. NeSL exempted category (For the purpose of reporting of loan by Bank ) None
92. Covid related relaxation & Benchmark Ratio which is not included in Ratio ROE
93. Scoring Model for PNB SAMPATTI Scheme Above ₹10.00

For Loan above ₹5.00 crore , rating to be done in PNB Trac
Lakh and upto
₹5.00 crore
(Refer IRMD Circular No.16 dated 04.06.2021, Scoring Model for PNB Sampatti
Scheme)
94. Video KYC process will be handled by designated video KYC agents/officers and M/s GIEOM
concurrent auditors who will use Command Center application provided by ______ to
perform Video KYC interaction with the applicants
95. For financing minor irrigation project, following conditions must be fulfilled
i) Minor irrigation project is set-up in the area where water is abundantly available from ground water resources.
ii) Project is technically feasible and economically viable.
iii) Minimum distance criteria of at least 200 sq. yards between tube wells should be maintained.
[A borrower intending to implement a minor irrigation project including sprinkler/ drip irrigation projects must have a holding
of at least 1 acre of land. However, in case of borrower sponsored by State Development Agencies where smaller holdings
of any farmer has been considered viable, the condition of minimum holding of 1 acre of land will not apply]
(For more detail refer: Scheme for Financing Minor Irrigation Activities PSFID Cir No.24/2020 dated 26.03.2020)
96. Ceiling of project cost for subsidy for an individual project_____ and for a group project ₹20 Lakh:
_________(established by a group comprising at least five trained persons under the
₹100 Lakh
Agri Clinic and Agri-Business Scheme, out of which one could be from Management
background.
97. Interest Subvention amount limit for financing for Agriculture Infrastructure ₹2.00 Crore
98. Concurrent Audit: Closure of Reports

i. Monthly Audit Reports of branches/offices under Concurrent Audit to be closed 15 days
within ____ including period allowed for its submission
ii. Quarterly Audit Reports to be closed within ______ 1 Month

iii. Daily Audit Reports of branches/offices under Concurrent Audit: Preferably on __ Daily basis
99. Extent of Loan under Organic Farming Limit for CC facility is Need Based max up to a ₹50 Lakh
limit of _______
(For Term Loan it is need based)

(Refer PSFID Circular No.20 dated 26.03.2020, Financing Organic Farming)

100. PNB GST Express Loan limit : Minimum Above ₹10.00 and upto ____ ₹200.00 Lakh
101. Under PNB Vyaapar Scheme, CA Certified Book Debt statement shall be obtained on ₹1 Crore*
Quarterly basis in case of Working Capital limit is above ___
(*Scheme merged and new Scheme “PNB Prime Plus” launched)
Ref Cir: MSME 27/2022 dt 23.03.2022
As per IRMD guidelines:

Submission of CA certified Book Debts:
In case the limit is sanctioned against hypothecation of Debtors/Book Debt only, verification of
Book Debts statement by a Chartered Accountant should be obtained mandatorily as under:
❖ Limits upto ₹2.00 Cr: Half–Yearly basis
❖ Limits above ₹2.00 Cr-Quarterly basis
102. Which of the following is not true regarding records to be preserved for 1 year:
i. Register for marking attendance of audit returns
ii. Confidential reports on closed and cancelled accounts Bank Transfer
Scroll
iii. Rejected applications, invited for employment in the Bank
iv. CLAC Agenda / minutes / follow up files
v. Bank Transfer Scroll (To be retained for a period of 8 years)
(Refer IAD Circular No.11 dated 26.04.2022, Record Maintenance Policy:2022-23)
103. Nomination change form DA3
104. Guarantee coverage for the ‘Credit Guarantee Scheme for Subordinate Debt (CGSSD) 90%
to provide Sub-Debt support in respect of restructuring of MSMEs____
105. An NRI of specific countries can claim TDS on interest on NRO Account under_____ DTAA i.e Double
clause Tax Avoidance
Agreement
106. Government of India introduced The Guaranteed Emergency Credit Line (GECL) ₹5.00 Lakh crores
scheme for enterprises affected by COVID19 pandemic up to an aggregate amount
of___________ all over the country
107. Psbloansin59minutes portal is an initiative of a PSB lead consortium lead by SIDBI and Capita World
the portal is developed by _____ Platform Pvt. Ltd
108. Software owned by a company to be classified as _________ in the Balance Sheet Intangible Asset
109. No court inferior to that of a ____________shall try any offence punishable under Metropolitan
section 138 of NI Act Magistrate or a
Judicial
Magistrate of the
first class
110. Maximum Transaction payment limit through USSD (SMS) ₹5000/-
111. Capital charge for operational risk under Basic Indicator Approach is ____of average 15%
Positive Gross income of preceding three financial years

112. Credit Conversion Factor (CCF) applicable for other commitments (e.g., formal standby 20% and 50%
facilities and credit lines) with original maturity of up to one year and over one year
113. The transactions where the Cash delivery/ standard settlement happens in two Spot Rate
business days after the transaction date (T+2)
114. Loans up to a limit of _______per borrower for building health care facilities including ₹10 crore
under ‘Ayushman Bharat’ in Tier II to Tier VI centers will be classified under Priority
Sector lending
115. Right of guarantor to claim on the securities of principal borrower charged to Bank Right of
upon repayment of debt obligations by the guarantor is known as ____ Subrogation
116. Risk weight for State Government guaranteed loan 20%

117. Lending outstanding in call money market should not exceed ________ of their capital 25%
funds
118. Periodicity of SLBC Meeting Quarterly Interval
119. LOCs (Look out Notices) are valid for a period of ___ year from the date of issue and 1 Year;
name of the subject shall be automatically removed from the LOC thereafter unless
and 1 Year
the concerned agency requests for its renewal within a period of ___ Year.
[Lookout Notice also known as Lookout Circular (LOC) is a circular letter used by immigration
officials to prevent an accused from leaving the country. Lookout Notices or Circular is used in
nabbing the wanted people or criminals at the international borders, international airports,
maritime areas and Ports etc]
120. The card type launched under the “One Nation, One Card system” is_____ National Common
Mobility Card
(It is an inter-operable transport card conceived by the Ministry of Housing and Urban Affairs of
(NCMC)
the Government of India. It was launched on 4 March 2019. The transport card enables the
user to pay for travel, toll duties (toll tax), retail shopping and withdraw money)
121. Audio-Visual KYC Process is called as________ VCIP: Video-based
Customer
(V-CIP is a seamless, real-time, and end-to-end encrypted procedure envisaged by RBI for digital
Identification
customer identification and paperless KYC verification. This alternative video-based process is
Procedure
carried out by banks or other Regulated Entities (REs) through an official trained for face-to-
face V-CIP)
122. Mahesh is operating the account of Rakesh as his Power of Attorney holder. Bank has Cheque should not
received a cheque signed by Mahesh after death of Rakesh. What should be the course be paid because the
of action by Bank? authority given to
PoA holder ceases
after death of the
principal
123. _____shall review the effectiveness of the Concurrent Audit system as well as the ACB
performance of the concurrent auditors on an annual basis and take necessary
measures to suitably strengthen the system
124. Bank credit to NBFCs (including HFCs) for on-lending will be allowed to be classified 5%
as priority sector lending (subject to an aggregate loan limit of ₹20 lakh per borrower)
up to an overall limit of _______ percent of individual bank’s total priority sector
lending.
125. Risk weight applicable for exposure to Commercial Real Estate (CRE) Sector 100%

126. PNB MAHILA UDYAMI SCHEME:
▪ Maximum Loan:______ ₹10.00 Lakh;
▪ Tenure-Term Loan: _______ with maximum moratorium period of 3- 6 months
depending upon type of activity and income generation
3 to 5 Years
▪ Tenure- OD: The limit shall be sanctioned for a period of ____
3 Years
(Refer MSME Cir No.28 dated 27.03.2020: PNB MAHILA UDYAMI SCHEME)
127. Objectives of the PM SVANidhi Scheme:
i. To facilitate working capital loan up to ₹10,000 at subsidized rate of interest;
All are true
ii. To incentivize regular repayment of loan; and
To reward digital transactions
128. Which of the following is a medium risk customer:
NBFC
i. Foreign Sovereign ii. Registered Co-Operative Society iii. NBFC iv. PSU
129. INSOLVENCY & BANKRUPTCY CODE (IBC) shall apply for insolvency, liquidation,
voluntary liquidation or bankruptcy of the following entities: (Which of the following is
true)
i. Any company incorporated under the Companies Act, 2013 or under any previous
law. All are true
ii. Any other company governed by any special act for the time being in force, except
in so far as the said provision is inconsistent with the provisions of such Special
Act.
iii. Any Limited Liability Partnership under the LLP Act 2008.
iv. Any other body being incorporated under any other law for the time being in force,
as specified by the Central Government in this regard
v. Partnership firms and individuals
Exceptions: IBC shall not apply to corporate persons who are regulated financial
service providers like- Banks; Financial Institutions; and Insurance companies.
130. Concession in ROI :Education Loan to women beneficiaries for loan of ₹13.00 lakh 0.25%
[Under Education Loan Schemes, except PNB Pratibha, concession of 0.50% in ROI permitted
to women beneficiaries for outstanding up to ₹10.00 lakh and 0.25% for outstanding above
₹10.00 lakh]
131. PNB HONHAAR :

i. Government of____, has envisaged a Higher Education and Skill Development Delhi
Guarantee Scheme for students who wish to pursue diploma or degree level
courses or specified skill development courses in ____ and have done their class
X and class XII from ___.
ii. need based finance to meet the expenses will be considered taking into account ₹10.00 lakh
subject to the Maximum upto ₹ _____ with nil margin.
iii. Loan applications under the education loan scheme PNB HONHAAR have to be
disposed of within a period of ______ for loans where mortgage is not required. 4 Days
132. In Risk Based Concurrent Audit, 100% transaction testing is to be done in respect of
manual transactions, irrespective of ‘risk category’ and ‘risk direction’ of the branch.
Concurrent Auditor to check all transactions entered / posted by the branch staff,
irrespective of the amount. However, testing in respect of system driven transactions
10 to 20%
is to be done on sample basis i.e. at least upto ____of the total system driven
transactions.
(Refer IAD Circular No.21 dated 29.06.2022, Concurrent Audit Policy)

133. Under PNB myProperty Loan scheme value of security having realizable value 260% , 0.50%
concession of ____ in Rate of interest will be provided.
Realizable Value of IP Security Concession in Rate of Interest
Above 200% & upto 250% 0.25%
Above 250% & upto 300% 0.50%
Above 300% 0.75%
(Refer RAD Circular No.87 dated 28.07.2022, PNB my Property Loan)

Scale II to III and III to IV (EXAM HELD ON 21.02.2021)
1. Menu for locker maintenance/ issuance HLKCM
2. Menu for transfer of inventory in specific location HIMC
3. Menu for interest rate inquiry HAITINQ
4. Menu for destroy check book CHBD
5. Menu for TDS inquiry and printing HTDSIP
6. Menu for SWIFT for bills HSMI
7. Menu for UTR inquiry HUTRI
8. Menu for Stop Payment of cheque HSPP
9. Menu for capture GST detail of customer CUSTGST
10. Menu for loan overdue position inquiry HLAOPI
11. Menu for loan interest table maintenance HINTTM
12. Menu for closure of term deposit HCAACTD
13. Green Renewal is applicable for limit upto ₹______ Upto ₹25 Crore
14. Bank will furnish Suspicious Transaction Reports (STR) within ______ of arriving at a 7 days
conclusion by the Principal Officer of the Bank that any transaction, whether cash or
non-cash, or a series of transactions integrally connected are of suspicious nature
15. Periodic updation of KYC shall be carried out at least once in every ______ years for 2 Years ; 8 Years ;
high risk customers, once in every ______ years for medium risk customers and 10 Years
once in every ______ years for low risk customers
16. Under PNB my Property Loan, loaning power of GBB branch headed by Scale-IV ₹10.00 Lakh
▪ Minimum Net monthly Salary for salaried class: ₹25,000/-

▪ Minimum Net annual income for other than salaried class: ₹3.00 Lakh
▪ Income of spouse / earning children / parents can be taken into consideration for
determining loan amount. In such cases, they should be made co-borrowers.
However, out of these only ______ co-borrowers are permitted: Two
▪ Minimum and Maximum Loa amount under the scheme: ₹2.00 lakh, ₹5.00 lakh
▪ The loans extended in shape of Overdraft facility on monthly reducing DP basis be

reviewed once in: 3 Years
(Refer RAD Circular No.87 dated 28.07.2022, PNB my Property Loan)
17. PNB SME Score of 46 will fall under which colour zone Red Zone
18. Counterfeit note reporting authority Nodal Bank Officer

to the local police
authorities or the
Nodal Police Station

19. PNB SME Score : For granting loan (Additional/ enhancement) , under which colour , Yellow
permission form next higher authority is required.
Under Yellow Zone, No fresh exposure is to be taken in such accounts. However, ___& HOCAC-I
above is empowered to consider fresh exposure in such cases within their vested
powers
20. NBG: Applicability and validity

>₹50 crore;
All fresh credit proposals envisaging total exposure (both FB and NFB) of above ₹50
crore shall be placed before NBG in a structured format known as Preliminary 6 Months
Information Memorandum (PIM)
21. Gold loan Processing and Documents charges Processing Fee:

0.30% of loan
amount + GST or ₹
500 + applicable
Tax, whichever is
higher
Documentation:
NIL
22. Priority Sector classification for Education Loan Up to ₹20.0 Lakh
23. Submission of stock statement for monthly: minimum loan amount requirement > ₹50.00 Lakh
24. Future Lease Rent maximum extension under HOCAC limit HOCAC- I: 3 Yrs
HOCAC-II: 5 Yrs
(For detail refer IRMD L&A Cir No. 21 dated 15.02.2022)
25. After 13 (2) if not paid by borrower, action to be taken by bank Possession of
security may be
taken u/s 13(4)
26. Import bill should realize within _____ from the date of shipment 12 months
27. Unrealised export bills, authority to report RBI
28. NRO can open which type of account :(FD/RD/CA/SF) ALL
29. Limitation counts from:
i. Date of sanction Date of documents

ii. Date of documents
iii. Date of first disbursement
30. The eligibility criteria for NBFCs to become MLIs for GECL: 2 Years
The NBFC must be registered with RBI, should be meeting the CRAR requirements
prescribed by RBI and have been in lending business for at least _____as on 29th Feb
2020

31. Public Sector Oil Marketing Companies (OMCs) can raise ECB for working capital USD 10 billion or
purposes with minimum average maturity period of 3 years from all recognized lenders equivalent
under the automatic route without mandatory hedging and individual limit
requirements up to an overall ceiling of _________
32. Un-hedged Foreign Currency Exposure -Submission of data on quarterly

basis:
7 days
i. Zonal Offices to ensure that the data for all eligible borrowers for a particular quarter
is entered in the UFCE module PUFCE menu within ___from the quarter end Zonal
Offices to collect UFCE Certificate from all the Circles/LCBs/Direct Reporting 10 days
Branches on prescribed format and submit the data to CRMD:HO within ____from
the close of quarter 3 Times of TNW
ii. UFCE limit in case of B1 rated borrower:
Rating grade wise UFCE limit
Rating Grade UFCE Limit*
C1 & below 1
B2 & B3 2
B1 3
A4 and above 4
*UFCE Limit is the number of times of Tangible Net worth (TNW) the corporate can
take Un-hedged Foreign currency exposure
(Reference: IRMD L&A Cir No. 26/2020 dated 26.03.2020)
33. The Foreign Account Tax Compliance Act (FATCA) is a statutory law of _____ country, USA
that requires their persons who live outside the country to report their financial
accounts held outside of the country, and requires foreign financial institutions to
report to the Internal Revenue Service (IRS) about their clients
34. Within how many days Bank has to reply to the representation made by borrower with 15 days
respect to notice under SARFAESI
35. Minimum number of days’ notice for sale is required under SARFAESI 30 Days
36. Which of the following is not true w.r.t. Forensic Audit?
i. Allotment of accounts for forensic audit shall be such that no forensic auditor shall
have more than 2 accounts of PNB for forensic audit at a time. In case of group
a/cs also, it will be prudential to restrict it two a/cs at a time.
ii. The CGM level Fraud Risk/ RFA Monitoring Committee at HO is the
competent authority for deciding requirement of conducting forensic audit in any
account.
Option- iii
iii. Meeting of CGM level Fraud Risk/ RFA Monitoring Committee at HO will be (Correct-7 Days)
convened on receipt of any Forensic Audit report (FAR) immediately and not later
than 15 days after receipt of the report at HO.
iv. For forensic audit to be done in compliance of the requirement of regulator or any
other authority in the host country or the accounts which are not having India link,
the services of the audit firms of the host country will be utilised after taking
quotation from at least 3 such audit firms.
v. All are true
(For more detail refer: FRMD Circular no.48/2022 dated 18.07.2022: Policy on Fraud
Risk Management and Investigation Functions (FRMIF))
37. Target for lending to Small and Marginal Farmers for domestic commercial Banks under 9.50%
Priority Sector Lending for the Year 2022-23

38. For Scheduled Commercial Banks, on a daily average basis in a reporting fortnight, 25%
lending outstanding in call money market should not exceed ________ per cent of
their capital funds
39. Maximum loan tenure (in years) for calculation of interest subsidy in case of PMAY 20 Years
MIG-I
(Now scheme discontinued for MIG segment)
40. Clayton’s rule is applicable in ________ type of credit facilities CC/OD Limit
41. Corpus of Credit Enhancement Guarantee Scheme for the Scheduled Castes (CEGSSC) ₹200.00 crore
42. The accounts opened by RRBs are placed in ______ risk category Low Risk
43. Limitation period of right to lien No limitation in

case of Lien and
Pledge
44. _____ ratio that indicates whether an enterprise's cash flow is sufficient to meet its Solvency Ratio
long-term liabilities
45. ____ is a statement prepared to analyse the reasons for changes in the financial Fund Flow
position of a company between two balance sheets. It portrays the inflow and outflow Statement
of funds i.e. sources of funds and applications of funds for a particular period
46. Loans to individuals for educational purposes, including vocational courses, not ₹ 20 lakh
exceeding ________will be considered as eligible for priority sector classification.
47. Maximum subsidy amount under PMAY MIG-I ₹2,35,068/-

48. Cut-off amount and time period for CRILC main reporting ₹ 5.00 crore and
above, Monthly
49. Competent authority to initiate action under IBC, 2016 (for CIRP and Insolvency of HOCAC-I
Personal Guarantors) NCLT case having exposure ₹80 crore
(Upto ₹100 crore: HOCAC-I, above ₹100/-crore to ₹300/- crore: HOCAC-II, Above ₹300/- crore
: HOCAC-III)
(For more detail refer: SASTRA Cir. No. 20/2022 POLICY OF THE BANK ON
INSOLVENCY & BANKRUPTCY CODE dated 20.04.2022)
50. Artisans Credit Card max loan limit ₹2.00 Lakh
51. Maximum and minimum amount of Housing Loan under PNB MAX-SAVER Housing Min ₹10.0 Lac
Finance
Max: Need based
52. Margin on Udaan loan Upto 4 Lakh: NIL
> 4 Lakh: 15%
53. Healthcare limits (Priority Sector) Under Ayushman

Bharat: ₹10.0 cr

54. Time Norms for disposal of Retail Loan:
5 Days
i. Mortgage based loans (viz. Housing Loan, OD/TL to Housing Loan borrowers
for personal needs, My Property Loan, Reverse Mortgage)
ii. Education Loan:
4 days
▪ For loans where mortgage is not required.
1 week
▪ For loans where mortgage is required
2 weeks
▪ For loans falling under powers of ZOCAC-I & above
iii. Non-Mortgage based loan (viz. Vehicle, Gold, Personal, Pension Loans) 3 Days
(Refer RAD Circular No.110 dated 10.11.2020, time norms for disposal of Retail
Loan)
55. Wilful Defaulter cut off limit ₹25 lakh and above
56. CRR is defined in_____u/s 42 (1) of RBI Act
57. TAT for reversal of atm withdrawal 5 Working days
58. Maximum Carpet Area above which Loans cannot be sanctioned under PMAY-MIG II 200 sq.mt
59. Portal for sending scanned copy of Account Opening Forms/KYC Documents by e-Veda
Branches to respective Back Offices for Opening Bank accounts
60. Family income ceiling under Dr. Ambedkar Central Sector Scheme of interest subsidy ₹8 Lakh per
on Educational loan for Overseas Studies for Other Backward classes (OBCs)____ & annum;
Economically Backward classes (EBCS) is ₹_____ for education loans sanctioned on
₹5 Lakh per
or after 01.04.2021.
annum
(Ref: RAD circular 111/2022 dated 28.09.2022)
61. Name of bank who pay subsidy for Padho Pardesh scheme Canara Bank
(Scheme discontinued from 2022-23)
62. The rates (per gram) for advance against Gold Jewellery/Ornaments for 22 carat Gold ₹4771/-
______ and advance against Sovereign Gold Bonds ________
₹5278/-
(Valid from 01.12.2022 to 31.12.2022 or till further communication)
Note:
▪ The rate of 22 carat Gold for advance against Gold Jewellery/ Ornaments has been
reviewed by the Competent Authority based on average of the closing price of 22 30 days
carat Gold for preceding ____OR the present price, whichever is lower, as quoted
by the India Bullion and Jewellers Association Ltd.
▪ For calculating the maximum permissible bank finance against Sovereign Gold
Bond, the rate of Gold is to be taken as the Average Closing Price of Gold of 999 3 Working Days
purity for the previous ______as Published by IBJA OR Market Rate of the bond
of respective series as on date of advance, whichever is lower.
(Refer RAD Cir. No.130 dated 01.12.2022, GOLD RATE & SOVEREIGN GOLD BOND RATE)

63. The exposure limit for business developed by a Corporate BC would not be more than 50%
_____of the total business developed by the CBCs collectively. The exposure limit may
be reviewed periodically on the basis of business developed through correspondents
collectively.
Risks involved in hiring BCs.:

Strategy Risk/ Reputation Risk/ Compliance Risk /Operational Risk/ Legal Risk/ Exit
Strategy Risk/ Counter party Risk/ Country Risk/ Contractual Risk/ Concentration &
systemic Risk
64. Who cannot be appointed as BC?

i. NGOs ii. MFIs iii. Co-operative Societies iv. Companies v. NBFCs NBFCs
65. Each CBC (Corporate BC) / BC should conduct at least one counselling meet at the Once
village level ___in a month
66. Declaration from customer not to create any further encumbrance over the securities Negative Lien
charged in favour of Bank is known as______
67. Certificate of Deposit (CD) minimum and maximum period 7 Days, 1 Year
68. Commercial Paper (CP) may be buyback after ____from the date of issue 30 days
69. National Strategy for financial inclusion envisages reach of Centres for Financial March, 2024
Literacy at every block of the country by___
70. In terms of Prevention of Money Laundering Act, 2002 and RBI Master Direction on 10 Days
KYC, customer’s KYC details/documents pertaining to all new individual accounts
opened on or after January 1, 2017 have to be invariably uploaded with CKYCR within
______ days of opening the accounts
71. Educational qualification of PMEGP applicant At least VIII

(For setting up of project costing above ₹10 lakh in the manufacturing sector and above ₹ 5
lakh in the business / service sector, the beneficiaries should possess at least VIII standard pass
educational qualification.)
72. Diff between Term Loan and DPG (Deferred payment guarantee) Outlay of Funds
(DPG is issued when the applicant purchases machine etc on instalment basis. DPG is just like
financial guarantee)
73. Periodic updation of KYC shall be carried out at least once in every_____ years in case 8 Years
of medium risk customers
74. Maximum loan for purchase of Land/ Plot for construction of House Building ₹50.00 Lakh
75. How many CIR required for loan of ₹ 10 Lakh Two

(For Loan ₹10.00 Lakh and above: Two CIRs as under: i) Primary: One CIR with Credit Vision
(CV) score from TU CIBIL, and ii) Secondary: One CIR with score from Experian or CRIF
Highmark or Equifax)

76. Scheme for education loan for pursuing higher education abroad PNB Udaan
77. All jewel loans classified as NPA and ______of Standard accounts randomly selected 10% ; May
as on 31st March of each year should be reappraised in the month of ____by an
appraiser other than the appraiser who has appraised the jewel at the time of sanction.
If any spurious gold is found in any packet the entire security of jewel loan portfolio
will be subject to re appraisal.
(Refer RAD Circular No.100 dated 30.08.2022, Advance against Gold Jewellery/Sovereign Gold
Bonds)
78. PNB score exempted in which retail loan scheme? PNB Baghban
79. Which of the following is not true regarding SLBC Meeting:

a. SLBC meetings are required to be held regularly at quarterly intervals. The
meetings are chaired by the Chairman/ Managing Director/ Executive Director of
the Convenor Bank and co-chaired by the Additional Chief Secretary or
Development Commissioner of the State concerned. C
b. In cases where the Managing Director/Chief Executive Officer/Executive Director

of the SLBC Convenor Bank is unable to attend SLBC Meetings, the Regional
Director of the RBI shall co-chair the meetings along with the Additional Chief
Secretary/Development Commissioner of the State concerned.
c. The Chief Minister/Finance Minister and senior level officers of the State/RBI (of
the rank of Deputy Governor / Executive Director) may be invited to attend the
SLBC meetings. Further, the State Chief Ministers are encouraged to attend at
least two SLBC meeting in a year. (Correct answer: at least one meeting in a
year)
d. All are true
(Refer Agriculture Division Circular No.33 dated 17.05.2022, Lead Bank Scheme)
80. Criteria for investment and turnover for Medium Enterprises under MSME:
(Investment in plant and machinery or equipment exceeding ₹10.00 cr and does not exceed ₹ 50.00 cr and
turnover exceeding ₹50.00 cr and does not exceed ₹ 250.00 crs)
81. What is PM KUSUM Yojana and its objectives?
(Ministry of New and Renewable Energy (MNRE) has launched the Pradhan Mantri Kisan Urja Suraksha evem
Utthan Mahabhiyan (PM KUSUM) Scheme for farmers for installation of solar pumps and grid connected solar
and other renewable power plants)
82. Duration of Medium-Term Govt. Deposit under Gold Monetization Scheme 5-7 Years
83. Periodicity of review of MCLR by Banks Monthly
84. Report on Counterfeit Currency notes detected by Banks should be reported to RBI and FIU-IND within a period
of__________
(The report is sent on monthly basis to the Issue Office of Reserve Bank concerned so as to reach them by 7th of the next
month and to FIU-IND by the 15th day of the succeeding month)
85. No. of digits in IFSC and MICR Code 11 digit and 9

Digit

86. Interest rate at which RBI lends money to Bank is called _________ Repo rate
(This is the rate at which the RBI lends to commercial banks by purchasing securities while Bank
rate is the lending rate at which commercial banks can borrow from the RBI without providing
any security)
87. Rate of TDS on cash withdrawal who have not filed ITR in the last 3 year ₹20.00 Lakh
(Such taxpayers withdrawing cash in excess of ₹20 lakh and up to ₹1.00 crore have to pay TDS
@ 2% and above ₹1.00 crore, the rate of TDS is 5%)
88. Maximum Carpet Area above which Loans cannot be sanctioned under PMAY-MIG 200 sq.mt
89. For sell of property, PAN is required in case transaction is exceeding____ ₹10.00 Lakh
90. Pradhan Mantri

Per Drop more Crop is the vision of which Central Scheme
Krishi Sinchayee
Yojana (PMKSY)
91. ₹20.00 Lakh

Maximum outstanding amount of NPA cases that can be referred to Lok Adalat
92. In case of existing account which is not KYC compliant or KYC has not been updated 10 days ;
as per prescribed periodicity, Bank shall temporarily cease operations in the account.
30 days
However, before temporarily ceasing operations for an account, the Bank shall give
the client two notices of ______ days each and within ______ days period the account
should be made KYC compliant otherwise operations in the account shall be frozen
93. Maximum loan amount under Agri Infra Fund scheme No Limit
(Interest Subvention @3% p.a. is available upto loan amount ₹2.00 crore)
94. Eligibility Criteria for empanelment of Retired Staff of our own bank for
conducting Concurrent Audit:
i. Branch experience of ___as an officer. However, experience as Internal

10 years
Concurrent Auditor (maximum upto 3 years) at Branches will be considered as
Branch experience.
ii. Tenure of external concurrent auditor is defined as up to the age of 65 years in
case of EROs and 3 years in case of CA firms. Further, The external auditor shall within 50km
be allotted only one branch ____of its office/residence, initially for a period of one
year, further extendable based on satisfactory performance up to 2 years in case
of EROs and 3 years in case of CA firms. Thereafter cooling period of 6 months
and one year respectively, shall be observed
iii. Assignment of external auditors will be subject to review on quarterly basis and in
15 days’ time
case of unsatisfactory performance for 1 Quarter, a notice of explanation shall be
served on the concerned external auditor giving ____to furnish reply
iv. The external concurrent auditor must attend branch daily and mark biometric
attendance. A maximum of ______(with pay) is permissible in a month on genuine
2 days leave
grounds. Thereafter proportionate remuneration shall be deducted. In case an
ERO avails a leave of more than 15 days, he/she shall have to resign. In any case,
ZAO shall ensure that no branch remains unattended beyond 7 days.
(Ref. CONCURRENT AUDIT POLICY 2022-23 IAD Cir No.21/2022 dt.29.06.2022)

SCALE III TO IV (26-12-2021)
1. Maximum Limit of ECB per Start up under Automatic Route USD 3 Million
2. Under SARFAESI, the successful bidder shall deposit ___ of sale price, after adjusting 25%;
the EMD already paid, immediately on the acceptance of offer by the Authorized officer,
failing which the earnest money deposit by the bidder shall be forfeited. The balance
75% of the sale price is payable on or before _____of confirmation of the sale by the 15th day
Authorised officer or such extended period as agreed upon in writing by and solely at
the discretion of the Authorised officer
3. Court Fee payable by borrower in Lok Adalat No Court Fee

required
4. The cash transaction report (CTR) for each month should be submitted to FIU-IND by 15th
____ of the succeeding month. While filing CTR, individual transactions below rupees
fifty thousand may not be included
5. The Suspicious Transaction Report (STR) should be furnished within ____of arriving at 7 days
a conclusion that any transaction, whether cash or non-cash, or a series of transactions
integrally connected are of suspicious nature.
6. Authorised Officer under SARFAESI Act means an officer not less than a ______or as Scale-IV
specified by the Board
7. After issue of demand notice U/s 13(2) of SARFAESI, if the borrower makes any 15 Days
representation or raises any objection to the notice, the Authorized Officer shall reply
within ____period of receipt of such representation or objection
8. Borrower whose turnover in P&M is ₹4.00 crore and Turnover is ₹40.00 crore, will be Small Enterprises
classified under_____
9. Difference between selling and buying rate Spread
10. eNWR full form Electronic

Negotiable
[With a view to ensure greater flow of credit to the farmers against Warehouse
pledge/hypothecation of agricultural produce, and to encourage use of NWR/eNWR Receipt
issued by regulated warehouses as a preferred instrument for availing such finance by
the farmers, it has been decided to enhance the PSL limit for loans against
NWRs/eNWRs from ₹50 lakh to ₹75 lakh per borrower. The PSL limit backed by the
warehouse receipts other than NWR/eNWR will continue to be ₹50 lakh per
borrower]
(Ref: PSFID Circular No.27 dated 08.04.2021, PRIORITY SECTOR LENDING-
WHR/eWHR)
11. Maximum entry age under NPS 70 Years
12. Full form of UMRN Unique Mandate

Reference
[UMRN is a Unique Mandate Reference Number allocated to each new mandate Number
created in NACH Debit. It is auto generated by the NACH system during mandate
creation. UMRN is mandatory for every transaction and even during mandate
amendment and cancellation]

13. Spot Rate means Settlement in T+2
basis
14. FX retail developed by_____ which is introduced by RBI CCIL

(Clearing Corporation of India Ltd.)
15. For domestic Banks, incremental export credit over corresponding date of the 2% and ₹ 40
preceding year, up to ________ per cent of ANBC or CEOBE whichever is higher, crore
subject to a sanctioned limit of up to _________per borrower may be classified under
Priority Sector.
16. Use of ____ is mandatory for sending and receiving Inland LC and Inland BG by issuing SFMS
bank to the benefiaciary
SCALE III TO IV (5-12-2021)
17. Net worth of Indian Companies for acquisition of equity in overseas companies is ______ ₹100 crore
18. In the event of dishonour of a cheque valuing ₹1.00 crore and above drawn on a Four (4)
particular account of the drawer on ______ occasions during the financial year for want
of sufficient funds in the account, no fresh cheque book would be issued. Also, the bank
may consider closing current account at its discretion
19. ________ is not a legal means of Recovery Invoking of

claim under
CGTMSE/ECGC
20. Penalty of Wrong Reporting by Currency Chest to RBI ₹ 50,000/-
21. Maximum loan tenure period under Pradhan Mantri Awas Yojana (PMAY) 20 Years
22. Maximum Capital subsidy under Swachhta Udyamai Yojana (SUY) scheme of National ₹3.25 lakh
Safai Karamacharis Finance and Development Corporation (NSKFDC)
23. No banking company shall hold shares in any company whether as pledge, mortgagee 30%
or absolute owner of an amount exceeding ____% of paid up share capital of that
company or ____% of its own paid-up capital and reserves, whichever is less
(as per Section 19(2) of Banking Regulation Act)
24. Maximum quantum of loan under Differential Rate of Interest scheme and Rate of ₹15,000 ; 4%
Interest
25. In working capital assessment, the duration of operating cycle if not mentioned, then 3
____ months can be taken
26. In STAND UP INDIA scheme, the existing margin requirement of 25% stands revised 15%
margin to ______
27. As per RBI guidelines, the minimum amount of deposit into / withdrawal from currency ₹1,00,000/- ;
chest will be ₹____ and thereafter, in multiples of ₹ _____ ₹50,000/-
28. For distribution of coins over counter bank, the incentive provided is ₹ _____ per bag. ₹ 65/-
The incentives would be paid on the basis of withdrawal from currency chest, without
waiting for claims from banks:

29. The bank is committed to compensate the customers for any delay in returning title 15 Days
deeds of mortgaged property beyond _____ of the repayment of all dues
30. As per Indo-Nepal remittance facility scheme, banks shall accept remittances by way of 12 times in a
cash from walk-in customers or non-customers. The ceiling of ₹50,000/- per remittance year*
with a maximum of ____ remittances in a year shall, however, continue to apply for such
remittances
(*In case when remitter is having account in our Bank, the cap of 12 remittances in a year per
remitter has been removed)
31. Safe deposit locker rent is ₹7,400 per year and break opening charges of locker is ₹ ₹24,200/-
2,000. Bank can take deposits upto ₹______
(i.e. 3 years advance rent + Break open charges)
32. Pension loan repayment period (Converted as per our bank scheme)
Under PNB AABHAR RIN (Personal Loan Scheme for Pensioners): Repayment
Period
78 years
Term Loan/ Demand Loan: To be repaid in maximum 60 equal monthly installment
or up to the age of ____whichever is earlier commencing one month after disbursal of
the loan (Irrespective of age of borrower).
One Month
Overdraft (OD) : To be adjusted in maximum 60 months or up to the age of 78 years
whichever is earlier on monthly reducing DP basis (equal to EMI) commencing
_____after disbursal of loan (Irrespective of age of borrower).
(Ref. RAD Cir No. 84/2022 dt.19.07.2022: PNB Aabhar Rin - Personal Loan Scheme for Pensioners)
33. ▪ Maximum Loan to Staff for Second Hand Two-wheeler No such provision
(Converted as per our bank scheme)
▪ 2nd hand Car not more than ____and free from all encumbrances (Not permitted for 5 years
Two Wheelers)
Conveyance Loan Scheme for Staff
Cadre Type of Vehicle
Two- Car Second Hand Car
Wheeler
Officers ₹3.00 Lakh ₹15.00 Lakh ₹15.00 Lakh
Clerks ₹1.50 Lakh ₹10.00 Lakh ₹10.00 Lakh
Subordinate ₹1.50 Lakh ₹5.00 Lakh ₹5.00 Lakh
Margin 10% 10% 10%. Loan will be 90% of the valuation
arrived at after providing depreciation of
10% p.a. on the current invoice value of
the vehicle on WDV basis or the purchase
price
Repayment 84 months 180 months 180 months or expiry date of Registration,
(69+15) (130+50) whichever is earlier
(Ref. HRDD Cir No. 872 dt.01.03.2022 , No. 835 dt. 19.05. Conveyance Loan Scheme)
34. Minimum and maximum limit for transactions under NEFT No minimum and
no maximum
35. Bonds approved by the Government are _____as they are most safe and liquid securities Gilt edged
bonds/securities
36. No margin and collateral security to be taken in Agriculture advances upto ______ ₹1.60 Lakh

37. Type of customer which is not eligible for getting the Debit Card Joint Account with
operational
mandate to be
operated jointly
38. No inspection/Supervision Charges shall be levied on Agriculture Credit up to ₹______ ₹5.00 Lakh
39. No inspection/Supervision Charges shall be levied on Credit (Except Retail & Agriculture ₹10.00 Lakh
Credit) up to ₹______.
40. Quantum of COVID Personal for Canara Vehicle Loqan customers is 25% of limit with minimum ₹25,000/-
Quantum of COVID Personal loan for Home Loan customers is _of Home Loan with min. of ₹ 10%
25,000/-
(Converted as per our bank scheme)
Personal Loan Schemes for our existing customers for treatment of COVID
A. Personal Loan Scheme for customers drawing salary through our bank: PNB
Sahyog Rin COVID
B. PNB Personal Loan for Pensioners– PNB Aabhar Rin COVID
C. Personal Loan Scheme for self-employed/ other than salaried and pensioners -
PNB COVID Suraksha
▪ All the above schemes are valid upto_______

(Reference : RAD Circular No.63/2022 dated 20.06.2022) 31.03.2022
41. No processing charges are to be levied, In case eligible Priority Sector Loans to SHGs / ₹10.00 Lakh
JLGs, the loan limits of _____ is applicable per member of the SHGs / JLGs and not to
the group as a whole
42. The Presenting branches should preserve the physical cheques in their custody securely 10 Years
for a period of _____ years. The images of all the government cheques paid should be
preserved by the drawee banks likewise for a period of ___ years:
43. The New Pension Scheme (NPS) subscriber will be allowed to withdraw the entire corpus ₹5 Lakh /
in lump sum if the total corpus is equal to or less than ₹ ____ lakh after attaining maturity
60 Years
of ______ years
44. i. Facility of Positive Payment system (PPS) in CTS, will be available for all account ₹50,000/-
holders issuing cheques for amount of ______. Availing of this facility will be at the
discretion of the account holder. However, only those cheques which are compliant
with instructions of Positive Pay System shall be accepted under dispute resolution
mechanism at the CTS grids.
ii. The Positive Pay System was made live through branches w.e.f. ____ January 01,2021
iii. In addition to facility available for CTS, the facility of Positive Pay System (PPS) shall SMS Banking
be available through Internet Banking Service (IBS- Retail), Mobile Banking Service
(PNB ONE) and _____
₹ 500000/-
iv. As per RBI guidelines, banks may consider making it mandatory in case of cheques
for amounts of ₹ ______ and above
[As per concept of Positive Pay System, the issuer of the cheque submits certain minimum details
of that cheque like Cheque Number, Cheque Amount, Cheque Date, Payee/Beneficiary Name to
the drawee bank. Further, submitted details are cross checked with the presented cheque by CTS
system. Any discrepancy found in presented cheque is flagged by CTS system to the drawee bank
and presenting bank, who would take redressal measures]

45. Garnishee order will be applicable in accounts where banker customer relationship is Debtor and
that of _______ Creditor
46. Enterprises where investment in Plant and Machinery is ₹1.00 Crore and Turnover in the Micro
account is ₹5.00 Crore is classified as ____ Enterprises
47. All Domestic Bank and Foreign Bank which have 20 branches and above to reach the 40%
Priority Sector Target of ____
48. Target for Weaker section advances for financial year 2023- 24 12%
49. Loan to Cooperative Societies up ₹5.00 Crore is classified under ___ of PS Ancillary
Activity
50. Without submission of proper KYC document, foreign student can open NRO account ₹50,000/-
and operate for 30 days with condition that total withdrawal does not exceed
51. Is attestation/witness required for nomination by literate person account holder: No
(However, two witnesses are required by illiterate account holders)

52. Inchoate Instrument refers to___ Incomplete
Instruments
(As per Section 20 of N.I. Act holder has legal right to complete incomplete instrument)
Scale III to IV (08.08.2021)
53. Min. 3 Yrs

Tenure of appointment of Internal Ombudsman in Bank
Max 5 Years
54. Bank loan to any govt. agency for construction of dwelling unit or for slum clearance 60 Sqmt
and rehabilitation subject to dwelling units with carpet area not more than _____sqm ,
classified under Priority Sector
55. Maximum limit for self-write off of unrealized export bills by an exporter (Other than 5% of Export
status holder exporter) Proceeds
56. Card issued in KCC accounts RuPay
57. IFSC full form Indian Financial

System Code
58. As per ______, no banking company shall without approval of RBI grant any loan to any Section 20(1b)
of its directors of BR Act 1949
59. UHFCE full form Unhedged

Foreign
Currency
Exposure
60. Target for advance to Weaker Section for FY 2023-24 for domestic commercial bank 12%
(except RRB ) and foreign bank with 20 and above branches
61. Corpus of Agri-Infrastructure Fund of GOI ₹1.00 Lakh crore

62. From FY 2021-22 onwards, a higher risk weight of 125% would be assigned to the < ₹6000/-
incremental priority sector credit in identified districts where the credit flow is
comparatively lower with per capita PSL______
63. To be eligible for extending the relief measure towards agriculture loans including 33% or more
rescheduling of loans by banks in case of natural calamity, the crop loss assessed should
be__
64. New activities included under Stand Up India scheme as per announcement in Union Allied agriculture
Budget 2021-22 activities such as
Dairy , Poultry
,Pisciculture, Food
& Agro Processing
etc
65. Adjudicating authority under IBC for insolvency proceedings in case of individuals and DRT
partnership
66. Minimum credit opinion of the resolution plan for the residual debt from a CRAs that RP4 or better
shall be considered for implementation under resolution framework
67. Who recommends to RBI for caution listing of exporters AD Bank
68. RBI constituted Ombudsman Scheme for digital transaction based on powers conferred Section 18 of PSS
in _______ act and the scheme came into effect from____ Act 2007;
w.e.f. 31.01.2019
69. Repayment period (including the moratorium period of one year) of restructured If loss 33% to
agriculture term loan in case of Natural Calamity 50%- Upto 2
Years
If loss >50%-
Upto 5 Years
70. Large Exposure under the Large Exposure Framework means the sum of all exposure
values of a bank to a counterparty or a group of connected counterparties, if it is equal
10%
to or above ______of the bank’s eligible Tier-1 capital base. It also includes 20 largest
exposures, irrespective of the values of these exposures relative to the bank’s eligible
capital base
71. Time limit and compensation payable by Banks for delayed credit in NEFT transaction
Repo Rate+2%
If the NEFT transaction is not credited or returned within two hours after batch
settlement, then the bank is liable to pay penal interest to the affected customer at the
current __________ for the period of delay / till the date of credit or refund, as the case
may be, is afforded to the customers’ account without waiting for a specific claim to be
lodged by the customer

Scale II to III (08.08.2021)
72. Eligibility conditions under Padho Pardesh scheme:

a) Student will be eligible, (as the interest subsidy) under the Scheme for pursuing Post
Graduate Diploma, Post Graduate degree course/Masters, M.Phil & Ph.D. Further, those
₹6.00 Lakh
students, who have completed M.Tech in India but is now pursuing MBA abroad and
these students have got subsidy under CSIS/ state subsidy scheme for the M.Tech
course, are also be eligible in this Scheme.
b) Total income from all sources of the employed candidate or his/ her parents/guardians
in case of unemployed candidate shall not exceed ____lakh per annum.
(Scheme discontinued from 2022-23)
73. Pillar-3 as per Basel Norms Market discipline

through market
disclosures
74. A firm is having Current Assets of ₹48 Lakh and the Net working capital is ₹12 Lakh. The 1.33:1
Current Ratio will be _____
75. RERA approval must for in case Land area above 500 square meters or more than _____ 8 Apartments
76. In case of Fraud between ₹10,000 to ₹10 Lakh in Public sector banks where staff is
involved, the reporting has to be made to_____
State Police
(All frauds below ₹ 3 crore is to be reported to State Police)
77. What is the Risk weight assigned for Credit Card receivables 125%
78. The regulatory retail portfolio of banks are assigned a risk weight of _____ 75%
79. In order to reduce the cost of credit for this segment consisting of individuals and small
businesses (i.e. with turnover of upto ₹50 crore), and in harmonization with the Basel
₹7.5 crore
guidelines, RBI has increased this threshold to ______in respect of all fresh as well as
incremental qualifying exposures.
Exposures (including both Fund-based and non-fund based) shall be classified as retail claims for
regulatory capital purposes if they meet the four criteria listed below. Claims in this portfolio shall
be assigned a risk-weight of 75%, except if RBI mandates otherwise
(Four criteria: Qualifying criterion, Product criterion, Granularity criterion, Low value of
individual exposures)
80. As per Large Exposure guidelines, exposure to one counterparty should not exceed the 20%
absolute threshold limit of ___ of the banks eligible capital base
81. Banker customer relationship in case of Safe Custody of Articles Bailee – Bailor
82. Bank has sanctioned credit facilities to two Partnership firms in which partners are Yes
common and identical. Firm A has overdue loan liability. Firm B has credit balance. Can
the bank exercise the right of Set-Off.
(As partners are common and identical and further partners are jointly and severally
liable)

83. A bank has sanctioned credit facility to a Company. The responsibility of getting the Borrowing
charge registered with Registrar of Companies is that of ______ Company
(Note: Section 77 states that the duty to register the charge rest with the Company which creates
such charge. In case of company fails to register the charge within 30 days then the person in
whose favour the charge along with the instrument is created may apply to the Registrar for
registration of the charge in the form CHG-1 or CHG-9 as the case may be within a period of 14
days after giving notice to the company.)
(For more detail refer: IRMD L&A Cir No. 78/2021 dated 30.04.2021)
84. Banks are required to periodically update KYC records. This is a part of their ongoing 8 Years
due diligence on bank accounts. KYC is required to be done at least every _______ for
Medium Risk customer
85. As per KYC guidelines, Trusts, Charitable institutions, NGO’s receiving foreign donations High Risk
is to be categorized under which category
86. An award has been given by Ombudsman. Any party can file appeal within ______ on 30 days
receiving award or the Ombudsman rejecting his complaint to Appellate Authority –
Deputy Governor
87. As per Priority sector guidelines, loans to individuals up to ₹_____ lakh in metropolitan
centres (with population of ten lakh and above) and up to ₹____ lakh in other centres
35; 25; 45; 30
for purchase/construction of a dwelling unit per family provided the overall cost of the
dwelling unit in the metropolitan centre and at other centres does not exceed ₹ ____
lakh and ₹_____ lakh respectively
88. RBI has decided, as a countercyclical measure, to rationalise the risk weights by linking
them only with LTV ratios for all new housing loans sanctioned on or after 16th Oct.
March 31, 2023
2020 and up to_______. Such loans shall attract a risk weight of 35% where LTV is less
than or equal to 80%
89. Account becoming NPA within 12 months is called as ________ Quick Mortality
90. A financial contract that derives its value from another financial product / commodity
called underlying such as a stock, stock index, a foreign currency, a commodity is called
Derivative
as______
91. In case of claim of deceased by legal heir, Testamentary succession/disposition means: Will
Distribution of the property of the decreased on the basis of a _____
92. A customer has given a power of attorney to an agent to operate his account. You Pay the cheque
receive a cheque signed by the agent and you are informed that the agent has died. as principal is
How will you handle the cheque still alive and
for all the acts
of agent
principal is
liable
93. RBI has enhanced limits for contactless card payments from ₹2,000 to ₹_____ effective ₹5,000/-
from 1st January 2021 and will be at the discretion of the user
94. Under Kisan credit card (KCC) scheme the _____card can be used at ATMs/ micro ATMs RuPay
for withdrawal of cash and also at POS machines for purchase of farm inputs etc

95. Pradhan Mantri Awas Yojana – Urban (PMAY-U), a flagship Mission of Govt. of India is Ministry of
implemented by Housing and
Urban Affairs
(MoHUA)
96. Beneficial owner under KYC can be a body of individual persons, a natural person, who, 15%
whether acting alone or together, or through one or more juridical person, exercises
control through ownership or who ultimately has a controlling
97. As per Gold Card scheme for exporters of good track record, the gold card can be issued 3 Years
to exporters whose accounts have been classified as ‘Standard’ continuously for a period
of ____ years and there are no irregularities / adverse features
98. As per Priority Sector guidelines, loans for repairs to damaged dwelling units of families ₹10.00 Lakh ;
up to ₹_____ lakh in metropolitan centres and up to ₹____ lakh in other centres can be
₹6.00 Lakh
classified under priority sector lending:
99. As per RBI guidelines, Banks should settle the claims in respect of deceased depositors 15 Days
and release payments to survivor(s)/ nominee(s) within a period not exceeding _____
days from the date of receipt of the claim subject to the production of proof of death of
the depositor and suitable identification of the claimants, to the bank’s satisfaction. what
is the time limit for settlement of deceased claims cases
100. As per RBI guidelines, what is the risk weight on staff loans secured by mortgage / 20%
superannuation benefits.
101. Full form of CARE credit rating company. Credit Analysis

& Research Ltd
102. The Banking Codes and Standards Board of India (BCSBI) in collaboration with the Indian Two
Banks' Association has evolved _____codes
(Code of Bank's Commitment to Customers and the Code of Bank's Commitment to Micro and
Small Enterprises which have been voluntarily adopted by member banks)
[Note: BCSBI is now under dissolution and has stopped its operations. Customers are requested
to contact their banks for redressal of any grievance and in case of non-redressal of complaints,
103. Under Emergency Credit Line Guarantee Scheme (ECLGS) Member Lending Institution 90 Days
need to mark NPA within _____ days of the account being classified as NPA or date of
Supreme Court order dated March 23, 2021, whichever is later
104. Days past due upto ____account eligible for ECLGS 1.0 as on 29.02.2020 Up to 60 Days
105. Interest Rate on GECL:
▪ Interest rates have been capped for Banks and FIs, lending rate linked to one of the 9.25%:
external benchmark rates prescribed by RBI +1% subject to a maximum of ____per
annum. For NBFCs, the interest rate on GECL shall not exceed ____ p.a.
▪ For loans to hospitals/nursing homes/clinics/medical colleges/units engaged in 14%

manufacturing of liquid oxygen, oxygen cylinders etc. for setting up on-site oxygen
generation plants, rate of interest shall be capped at 7.5% p.a.

106. In order to support COVID-Hit MSMEs further, Govt. has announced an extension of its 31 March, 2023;
Emergency Credit Line Guarantee Scheme (ECLGS) till ____, or till guarantees for an
₹5 lakh crore
amount of ________ are issued under the scheme, whichever is earlier
107. As per RBI guidelines on Priority Sector, Bank loans to any governmental agency for 60
construction of dwelling units or for slum clearance and rehabilitation of slum dwellers
subject to dwelling units with carpet area of not more than ____ square meter
108. Depreciation charged on computers is on straight line basis. Depreciation rate for AY 40%
2022-23 as per Income Tax Act___
109. Govt. has set-up Agri-infra fund for providing a medium - long term debt finances facility Only Term Loan
for investment in viable projects for post-harvest management Infrastructure and
community farming assets through incentives and financial support in order to improve
agriculture infrastructure in the country. The type of credit facility can be______
110. Minimum and maximum loan amount under National Agri Infra Fund scheme: ₹2 Crore
The scheme does not have a minimum or maximum loan cap. However, an eligible
beneficiary can obtain the maximum benefit on Credit Guarantee/interest subvention of
loan upto ______per project.
111. Scheme in which EDP training of 3 days has to be attended by the beneficiary within 12 PMEGP
months of release of the first instalment of margin money subsidy
112. GECL Scheme is available up to_____ for sanction and ____for disbursement 31.03.2023;
30.06.2023
113. Risk Weight for Housing Loans with LTV ≤ 80 35%
114. What will be the classification of a unit under MSME, if the value of Plant and machinery Small
is ₹ 0.90 crores and the turnover is ₹6.00 crores? Enterprises
As per RBI guidelines, if an enterprise crosses the ceiling limits specified for its present category
in either of the two criteria of investment or turnover, it will cease to exist in that category and be
placed in the next higher category. In this case, although the unit is within the investment ceiling
of ₹1.00 cr applicable for micro enterprises, it has crossed the turnover ceiling of ₹5.00 cr
applicable for micro enterprise and based on turnover criteria, it will be classified as a Small
Enterprise.
115. Central Nodal agencies for channelizing subsidy for implementation of PMAY-Urban NHB, HUDCO
Scheme and SBI
116. As per BCSBI guidelines, the prudent time to call a person for recovery of Banks dues In between 7.00
AM to 7.00 PM
117. Effective Rate of Interest, Banks should charge (after netting interest subsidy) on loans 7% p.a.
up to ₹3.00 Lakh under NRLM
118. Maximum daily Cash withdrawal limit at BC terminals ₹10,000/-

Maximum Limit for Cash Deposit / Transfer per person/ per day ₹25000/-
(Refer Financial Inclusion Division Circular No.06 dated 20.04.2022, Policy on

Business Correspondents)

119. Banks should preserve the records pertaining to the KYC of the customers obtained while 5 Years
opening the account and during the course of business relationship at least for a period
of____ after the business relationship is ended
120. Maximum time limit for clearing of cheque under CTS clearing system T+1 Basis
121. In case of closure of any Branch, Bank have to give notice to customers before a 2 Months;
minimum period of______ if there is no Branch of any Bank functioning at that centre
1 Month
and notice of _____ in all other cases
122. Review/Renewal of Working Capital Limit should be done ideally within a period 4 Months
of______ from the date of expiry of limit.
(As per our Bank’s guidelines, All renewal cases should be diarized at least 4 months in
advance and followed up by Branch/Controlling Offices as the case may be so that all
the sanctions are renewed in time, Remind the borrowers four months ahead of the due
date and collect all relevant data and information)
(For more detail refer: IRMD L&A Cir No. 174/2022 dated 22.11.2022 )
123. An account where the credit limits have not been reviewed/ renewed within ___from 180 days
due date will be treated as NPA
124. What is a Guarantee?
Guarantee is defined in Section 126 of Indian Contract act as a contract to perform the promise made or
discharge the liability, of a third person in case of his default.
125. If any change in Terms and Conditions is at disadvantage to a customer, the customer 60 days
may close the account or shift to any other Banks within a period of____from the date
notice by Bank without paying the changed fees or interest.
126. The maximum limit in case of contactless card payments raised to____ ₹5000/-
127. Maximum tenor of Gold Metal Loan in case of domestic jewellery manufacturers: 180 days and
_______ and in case of exports:_______ 270 days
128. Where the customer is an unincorporated association or body of individuals, the 15%
beneficial owner is the natural person(s), who, has/have ownership of/entitlement to
more than____ per cent of the property or capital or profits of the unincorporated
association or body of individuals.
129. Accounts having up to _____ days overdue past dues as on 29 February 2020 are eligible 60 days
for finance under ECLGS
130. As per Inter-Creditor agreement in case of IBC, in case a lender dissents, the lead lender 85%
will have the right but not the obligation to arrange for buy-out of the facilities of the
dissenting lenders at a value that is equal to _____% of the lower of liquidation value
or resolution value
131. Banks should publish their unaudited financial results within ____ days of the quarter 45 days
end.
132. Maximum amount of overdue export bill that can be allowed for write-off by AD Bank is 10%
____of the total export proceeds realized during the calendar year preceding the year in
which the write-off is being done
133. Target for micro enterprises under PSL in percentage of ANBC or CEOBE whichever is 7.50%
higher for Domestic commercial Banks, foreign Banks with 20 Branches and above in

India, RRBs and Small Finance Banks
134. In terms of the recommendations of the Prime Minister's Task Force on MSMEs banks 10%
have been advised to achieve a _____per cent annual growth target in the number of
micro enterprise accounts.
135. EDP is required in ______ loan scheme for adjustment of margin money subsidy PMEGP
136. Crystallization of export bills means____ The process of

converting
foreign currency
liability of the
exporter into
Indian Rupee
liability
137. In CGTMSE scheme MSME Retail is covered up ____ ₹2.00 Crore
138. Under simplified due diligence of SHG the banks to obtain KYC documents of ____ Office Bearers/
Authorised
Signatories
139. NOOPL Limit in forex_____ Net Overnight

Open Position
[Net Overnight Open Position Limit (NOOPL) is used for calculation of capital charge on forex risk. Limit
NOOPL may be fixed by the boards of the respective banks and communicated to the Reserve
Bank immediately. However, such limits should not exceed 25% of the total capital (Tier I and
Tier II capital) of the bank]
140. For opening accounts of exchange houses in India whose approval is required from ___ RBI
141. Timeline for internal ombudsman for redressal of customer grievances is _____ from the 30 Days
date of receipt of complaint
142. Fees for filing Udyam registration NIL
143. Maximum quantity of Gold Coin against which Gold loan can be financed by Banks 50 gm.
144. Number of Counterfeit notes in single transaction detected needs to be reported to police 5 and more
by FIR pieces
145. Numbers of codes are there in BCSBI 2

[Note: BCSBI is now under dissolution and has stopped its operations. Customers are requested
to contact their banks for redressal of any grievance and in case of non-redressal of complaints,
146. NPA Marking in GECL Accounts should be done within _____of the account being 90 Days
classified as NPA or date of Supreme Court order (March 23, 2021), whichever is later

Miscellaneous (Based on questions asked in Scale I to II, II to III, III to IV in different banks in 2021)
147. Under Lead Bank Scheme, distribution of agenda cum background paper is to be 20 days from end
completed by____ of quarter
Activity To be completed by
(Date)
Preparation of calendar of SLBC/UTLBC meetings and 15th January every year
intimation to all the concerned of the cut-off dates for
submission of data and dates of meetings as per the
dateline given below
Reminder regarding the exact date of meeting and 15 days before end of the
submission of data by banks to SLBC quarter
Dead line for receipt of information/data by SLBC 15 days from the end of the
Convenor Bank quarter
Distribution of agenda cum background papers 20 days from the end of the
quarter
Holding of the meeting Within 45 days from the end
of the quarter
Forwarding the minutes of the meeting to all stakeholders Within 10 days from holding
the meeting
(Refer Agriculture Division Circular No.33 dated 17.05.2022, Lead Bank Scheme)
148. Facility for exchange of notes, if no. of notes is more than ___ amounting to not more 5 Pieces, ₹5000/-
than ____then advise to send the notes to nearby chest by post or in person
149. Staff composition for remittance of ₹5 Crore Cash Van+1

Officer + 1 Sub
staff + 3 Armed
guards
150. One armed guard is compulsory when the cash remitted ____ ₹20 Lakh to
₹50 Lakh
151. Minimum Area of Modern currency chest in difficult area____ 600 Sq ft.
152. Commission per bundle for depositing cash by non-currency chest branches ₹5/- plus applicable
taxes
(₹8/- plus applicable

taxes in case Large
Modern Currency
chest)
153. Area required to setup a new currency chest 1500 sq ft
154. RBI reimburses ___ of capital expenditure subject to max of ___ for setting up 50%, ₹50 lakh
currency chest in areas with population of below ₹1 lakh
155. In account opened with OTP based EKYC Process wrong conditions are___ Loan as Cash
(it should be term loan)
Credit
156. Borrowal account opened using OTP based EKYC, how much term loan can be ₹60000/-(FY)
sanctioned

157. Any person outside India not being a resident of Pakistan or Bangladesh and visiting ₹25000/-
India may bring currency notes of Govt of India or RBI not Exceeding
158. Maximum amount of foreign currency that can be taken out on visit to foreign USD 3000
countries
159. How many days allowed to submitting proofs from NRI student 30 days
160. What max amount can be deposited by NRI student, during 1st 30 days, till KYC USD 1000
verification
161. As per RBI guidelines: It is mandatory for lenders with more than _____Branches to 10 Branches
appoint internal Ombudsman
162. As per banking ombudsman scheme 2006, Appellate Authority means Deputy Governor
of RBI
163. If currency chest shows diversion of soiled notes to RBI as withdrawal, the penalty ₹50000/-
imposed by RBI is ___
164. Commission on exchange of soiled notes/ adjudication of mutilated notes over the
counter at bank branches. ₹2 per packet for
a. Exchange of soiled notes exchange of soiled
notes up to the
denomination of
₹50/-
b. Adjudication of mutilated notes ₹2 per piece
165. Distribution of coins ₹65 per bag

(An additional incentive of ₹10/- per bag shall be paid for coin distribution in rural and semi
urban areas on the submission of a Concurrent Auditor (CA) certificate to this effect)
166. Shortages in soiled note remittances and currency chest balances

▪ ₹50/- per piece in
▪ For notes in denomination up to ₹50 : addition to the loss.
▪ Equal to the value

▪ For notes in denomination of ₹100 & above:
of the
denomination per
piece in addition to
the loss
167. Concurrent Auditor will certify the balances of the CC as on the last working day of 5th day of
February and March of each year and submit the report by ___ day of the succeeding succeeding month
month along with Balance Confirmation Certificate
168. How much rupees per day is to be paid if wrong customer transaction by ATM is not ₹100/- Per Day
reversed within T+5 days
169. Diamond Dollar Accounts Can open 5

account. It can be
CA. Cannot be
opened by NRI

170. What is the normal limitation period from date of cause of action has arisen for filing 2 years
of complaint before District commission under COPRA act
171. As per RBI master circular, the objective of GCC is to increase the flow of credit to Non-Farm sector
individual for entrepreneur activity in _____ sector
172. Limitation period for execution of Decree 12 years
173. As per directions of RBI Gold jewellery / accepted as a loan collateral, should be 30 days
valued at the average closing price of carat gold for proceeding ___days as quoted
by Indian Bullion & Jeweller Associated Ltd. And make it more transparent
174. EEFC : what is right____ Opened as a CA

and NRI are not
allowed
175. LEI is a ___ Digit Unique code of International Level for high value borrowers /entity 20 digits & CCIL
in India can get the number issued from LEI of India Ltd. Which is a subsidiary of __
176. In case of MSME if debtor (buyer) doesn’t pay the dues for ………days , he has to pay 45 days
penalty upto the tune of 3 times the bank rate__
177. Advance against own shares not allowed under which Act BR Act
178. Traditionally Money laundering means a process which takes place in three stages , Integration
Final stage at which property is reintroduced in legitimate economy is called___
179. Contingent liability is shown under ___ Notes to account

in balance sheet
180. Which section of Chapter 3 of SARFAESI Act deals with Enforcement of security Sec.13
Interest
181. Sec 17(1) of SARFAESI Act –Any person aggrieved by any measures taken by secured 45 days
creditor or his Authorised officer as per sec 13 , may make an application to DRT
within
182. Within how many days under SARFAESI, sale notice is to be published after taking 7 days
physical possession
183. Within how much time customer can appeal in DRT for possession 45 days
184. Organization meant to take over NPA from Banks is known as ___ ARC
185. Provision required in sub-standard secured asset is __ 15%
186. Current Asset reveals : Capacity of firm to repay its short-term liability
187. Installed machinery is classified as___in Balance sheet Fixed Asset
188. The fixed cost of project is ₹90 lakh. Sale price Per unit is ₹200 lakh Variable cost is ₹3,60,000
₹150. Find the BEP sales in rupees. (90 lac x 200 lakh / 50 lakh)
189. Current Ratio is 1:1. QR 1:2 (0.5:1). CL 200. Find quick asset ₹100/-

190. One account on 31.10.2021 turned NPA. The value of security at the time of sanction Doubtful
was ₹225 crore. On 31st Oct 2021, the value of security is ₹96 Crore. What will be (it is assumed that
the classification of asset o/s is ₹225 cr)
191. Outstanding balance is ₹30 crore in a Doubtful-1 NPA a/c. It is covered under ECGC ₹12.50 Cr
of 50% coverage. If the realizable value of security is ₹10 crore, find the provision :
30-10 = 20 x 50% = 10. 2.50 + 10 =
192. A concern has receivable of ₹20 lakh and its sale for year are ₹ 120 lakh. What is 2 Month
average debt collection period (20 x 12 / 120)
193. Operational risk that does not had any loss is known as _____ Near Miss Event
194. Substandard A/c covered under CTGMSE/ECGC/CGFMU means ___ & applicable Secured, 15%
provision
195. Minor can negotiate the bill and issue a cheque without personal liability But no mortgage
196. Differential rates of interest may be provided for any end-of-day savings bank balance ₹1 lakh
exceeding __________
(A uniform interest rate shall be set on balance up to ₹1 Lakh, irrespective of the
amount in the account within this limit)
197. Sec 22 of BR Act says: Company shall carry banking business only after obtaining license issued from RBI
198. What is factoring: Discounting of short-term invoices/receivables by a factor
199. Who can appoint nominee: Sole proprietorship, Illiterate, Individual
200. Articles of association shows: Borrowing powers of Board of Directors
201. Maximum moratorium in Education loan : Period of studies + 1 Year
202. What is meant by Pari passu charge in consortium advance : Share in securities in ratio of o/s balance in the
loan
203. Rebate u/s 87A of Income Tax for income upto _____ ₹5 lakh
(Rebate ₹12500/-)
204. Updated answer:
Vigilance Awareness Week 2022 : (31 Oct. 2022 to 06 No. 2022)
Theme : “Corruption free India for a developed Nation”
205. BSBD account - Limit in drawls/ payments Max 4 per month

for withdrawal
206. Two Debt markets in India - Corporate Bond market & __ G-Sec market
207. Central Bank transfers surplus to GOI as per ___ RBI Act, 1934
208. Partnership percentage for beneficial ownership for KYC 15%

209. MSME manufacturing loan amt in medium enterprise As Per Bank
Discretion
210. DSCR is calculated for sanction of ___ Term Loan
211. Company activities beyond Objects clause Ultra Vires
212. Minimum bid amount to be paid by the successful bidder for confirmation of bid/sale
in case of auction of property under SARFAESI 25%
213. If auction for sale of the property under SARFAESI fails and the sale is required to be 15 days
conducted again, the authorized officer shall serve, notice of sale of not less than
________ days to the borrower for any subsequent sale
214. Which agency provides Forex rate daily FBIL

215. Positive payment system is developed by________ as per RBI directives NPCI
216. Under GST, e-Way bill is mandatory for inter state transportation of goods where ₹50,000/-
value of goods/bill exceeds
217. Maximum all-in-cost per annum for buyers’ credit as per RBI norms Benchmark rate plus
250 bps spread
218. Platform of RBI for registration of frauds of ₹1.00 Lakh and above Frauds Reporting and
Monitoring System-
(FRMS)
219. Foreign currency translation reserves arising due to translation of financial statements
of a bank’s foreign operations to the reporting currency may be considered as CET1
25%
capital. These will be reckoned at a discount of ___
220. The penalty for non-compliance with operational guidelines detected by RBI officials
by currency chests such as non-functioning of CCTV, branch cash / documents kept
₹ 5000/-;
in strong room; non-utilization of NSMs for sorting of notes is ₹____ for each
irregularity, The penalty will be enhanced to ₹___ in case of repetition. ₹10,000/-
221. Financial Papers to be submitted in CGTMSE coverage for loan amount above ____ ₹10 lakh
222. Senior Citizen Savings Scheme - Minimum, Multiple of and Maximum amount ₹1000, ₹1000 &
₹15 lakh
223. Gold Monetization Scheme, Medium- term investment period 5 to 7 years
224. Risk Weight of exposure of Bank to NBFCs:
Bank exposures to NBFCs, excluding core investment companies, will be risk weighted 100%
according to ratings assigned by agencies. Exposures to CICs, rated as well as
unrated, will continue to be risk-weighted at _____
225. The KYC Policy consists of the following four key elements: Risk Management
i. Customer Acceptance Policy ii. Customer Identification Procedures iii. Monitoring of
Transactions; and iv. ________
226. Chairman of District Consultative Committee District Collector

227. The bank is committed to compensate the customers for any delay in returning title 15 Days
deeds of mortgaged property beyond _____ days of the repayment of all dues
228. Second B in BSBDA stands for Bank
229. Time limit for implementing the award by Bank after it has been accepted by the One Month
complainant under Banking Ombudsman scheme: _____from the date of acceptance
230. Maximum amount that can be deposited in Sukanya account per year ₹1.50 Lakh
231. Person not satisfied with RTI information can file appeal with Appellate Authority: 90 Days
Within 30 days and appeal to Central Information commission within _____
232. The Bank has to return the unpaid / dishonoured cheque with a duly signed return 24 Hours
memo indicating the date of return as also the reason for return /refusal of payment
within ___ hours
233. Scheme does not come under small savings scheme NSC
234. NEFT 24×7 effective date 16.12.2019
235. The time limit for settlement of deceased claim cases 15 Days
236. Unclaimed deposit with a company would be shown in their balance sheet as Current Liability
237. All frauds are to be reported to RBI on ____ within _____ FMR 1, 3 weeks
238. No. of meeting are conducted by RBI for Monetary policy in a year Six
239. Annual premium for commercial crop under Pradhan Mantri Fasal Bima Yojana 5% of the sum
(PMFBY) insured
240. Deposit insurance cover under DICGC has been increased from ₹1.00 Lakh to ₹5.00 04.02.2020
Lakh with effect from_____
241. Rate of interest subsidy under Pradhan Mantri Awas Yojana (PMAY) MIG-II 3%
(Now scheme discontinued)
242. Incentive payable to Bank Branches for exchange of soiled Notes of denomination ₹2 per packet
₹50/-____
243. Commission payable to Bank(excluding BC) for enrolment in PMJJBY ₹11/-
(Out of ₹436/- premium, ₹395/- goes to insurance company, ₹30/- to BC and ₹11 to
Bank)
244. Known Holiday' should be intimated prior to ___days as per FEDAI: 3 days. „Known 3 Working Days
holiday‟ is one which is known at least _____before file date. A holiday that is not a
“known holiday” is defined as a “undeclared holiday”.
245. Minimum lock-in period_____ under Gold Monetization Scheme 5 Years
246. A bank which is incorporated in a country where it has no physical presence and is Shell Bank
unaffiliated to any regulated financial group

247. Safe deposit locker holder has died. You see a sealed box among other things. As per the procedure of
inventory handling what you will do?
Banks are not required to open sealed/closed packets left with them for safe custody or found in locker while
releasing them to the nominee(s) and surviving locker hirers / depositor of safe custody article
248. Unclaimed deposit accounts are categorized as ____ risk accounts at the time of High Risk
blocking the account
249. Contactless payment through card can be made by placing the card at close proximity 4.00 cm
to the device using Radio frequency identification (RFID) and Near field
communication (NFC) within a maximum distance of _______
250. If in a PPF account, a customer deposits more than ₹1,50,000/-, the rate of interest No interest payable
paid for the excess amount?
251. Who issues Sovereign Gold Bond RBI
252. Notices 13 (2) and 13 (4) relate to _____ and _____ under SARFAESI Act Demand ;
Possession
253. Name of Educational Loan portal Vidyalakshmi
254. Govt. Contribution under NPS: 14% for Central Govt. Employees and _____for other 10%
Govt. Employees
255. The provisions of SARFAESI Act are applicable only for NPA loans with outstanding ₹1.00 Lakh
above______. NPA loan accounts where the amount is less than 20% of the principal
and interest are not eligible to be dealt with under this Act
256. In case of Initial Public Offer (IPOs)/ Follow-on Public Offer (FPOs) maximum amount ₹10.00 Lakh
of finance to an Individual _____
257. For setting up new Currency Chests in areas other than hilly / inaccessible places, the 1500 sq ft and
minimum area of strong room should be ___ and the minimum Processing capacity 6,60,000
of ____ pieces of banknotes per day
258. The Liquidity Coverage Ratio (LCR) is the requirement whereby banks must hold an 30 days
amount of high quality liquid assets that is enough to fund cash outflows for______
days
259. The scale of Finance for different crops in a district is decided every year by DLTC District Central Co-
and ______ in the district acts as convener of the committee operative Bank
260. While financing milch animals, it is not permissible to purchase with _____ and above 3rd
lactation
261. Full form of APEDA Agriculture &

Processed Food
Products Export
Development
Authority
262. Under Notice money market, the funds are transacted by banks for_____ 2 to 14 days

263. ISSP stands for____ Information
System Security
Policy
264. The single portal initiated by Ministry of Corporate Affairs for one stop solution for all MCA-21
Companies
265. The RBI is using _____ index of inflation for policy making Consumer Price
Index
266. Liability of members of HUF if Karta incurred debt?: Co-parceners are liable to extent Their Share
of _____
267. Whether “WILL‟ has to be registered? Not required
268. Guardian appointed by “Will” of father for his Minor child Testamentary
Guardian
269. CIN in case of a company indicates Corporate Identity
Number
270. Partnership firm not registered then what is the implication:
Partnership firm cannot file the suit on anybody but others can file suit on the partnership firm
271. Classification of NPA in consortium advances:
Each bank will classify the account on the basis of its own record of recovery
272. Period for KYC updation on low-risk customers 10 Years
273. SARFAESI proceeding in a consortium advance if: _____of creditors in value agree. 60%
274. Brownfield Investment means when a company purchases or leases an ________ Existing Facility
275. A bank on a particular day was in an oversold position - sold more foreign currency Short Position
than it had purchased. This situation is known as: ______
276. The Schedule ______ to the Companies Act, 2013 provides general instructions for Schedule III
preparation of balance sheet and statement of profit & loss of a company:
277. The new format of the balance sheet is also called: ____ of balance sheet Vertical Format
278. A front-end server which hides the IP address or the domain name in a front-end Proxy Server
address in the network is known as ____-
279. Financing infra projects with an assurance from infra finance companies to take over Take Out Financing
the liabilities after a span of time, as standard asset is known as ______
280. An import license is valid for____ 24 Months
281. Which is not the function of ALCO Budget Target
282. Banker customer relationship in standing instruction: Agent – Principal
283. What is Deferred Payment Guarantee (DPG) and how is different from Term Loan:
DPG is issued for the purchase of capital goods in favour of machinery suppliers. The appraisal of TL and DPG
is very similar the only difference is the outlay of funds.

284. Meaning of Accrual Concept Income and
expenditure to be
recorded as and
when they become
due
285. Limitation period for execution of decree: _____ from the date of decree 12 years
286. Rearing / Farming of fresh water Fishes in artificial tanks / lakes is called______ Aquaculture
287. Loans to farmer against pledge / hypothecation of agriculture produce (post-harvest ₹50 lakh ;
marketing scheme) under priority sector is______for a period of ______
12 months
288. Inward remittance can be credited to EEFC a/c 100% of export

proceeds
289. In case of Special crossing, banker gets protection under section ____of N.I. Act. 124
290. Getting dishonoured B/E noted from notary is called as _____. Noting
The certificate issued by the notary is called Protest under Section 100 of Negotiable
Instrument Act
291. Protection is available to Collecting Bank under Section_____ of N.I. Act. 131
**************

MRQs on Government Schemes: 2021
PMAY
1. Under Prime Ministers Awas Yojna , subsidy is given to those who have no __ Pucca House
2. Annual Family income of EWS under PMAY__ Max ₹3.00 Lakh
3. PMAY : definition of pucca house __ All weather

dwelling unit
DAY-NRLM
4. Under NRLM in 2nd Dose - amount to be disbursed _____ times of saving, minimum 8 times ; ₹3 lakh
__
5. 3rd dose loan amount in NRLM ___ Min ₹6 lakh
6. Repayment period in first dose of NRLM___ 24-36 months
7. NRLM - 2nd dose repayment period is ____ 36-48 Month
8. Minimum number of members in SHG in difficult areas__ 5
9. Up to ___ of the total membership of the SHGs may be from among the population 30%
marginally above the poverty line, subject to the approval of other members of the
group.
(This 30% also includes the poor households whose name does not figure in the SECC list but
are as poor as those included in SECC list)
10. Objective of Self Helf Group is for ____ Income

Generation
11. Women % target in NRLM Loan is to be given

to women SHG only
12. All banks may use the Common Loan Application Forms devised by ___ IBA
13. ______% of the beneficiaries under NRLM should be minorities 15%
14. Focus of DAY-NRLM is on coverage of vulnerable sections of the society so that 50%
________% of the beneficiaries are SC/STs
DAY-NULM
15. Under NULM, the group enterprises should have minimum of 3 members with a 70%
minimum of ___ of the members from urban poor families
16. Day NULM – what is the repayment period and (moratorium period) for loan given 5-7 years
(6 -18 months)
17. NULM individual & group loan amt (Project cost max
₹2 lakh & ₹10 lakh)
less margin

18. NULM comes under Ministry of _________ Ministry of
Housing and Urban
Affairs
PMEGP
19. PMEGP second loan for upgradation: Project cost for Manufacturing ___ and for ₹1 Crore.;
Service___.
₹25 Lakh
20. Under 2nd dose financial assistance under PMEGP for existing units, the rate of subsidy 15%
(20% in NER and Hill
States)
21. Maximum limit of loan under PMEGP in first and 2nd dose
▪ First dose at Project cost of ₹25.00 Lakh for manufacturing and ₹10.00 Lakh for
service less ___ margin for General category or 5% margin for special category. 10%
▪ Second dose maximum loan ₹100.00 Lakh for manufacturing and ___for service
₹25.00 Lakh
sector
22. Under 2nd dose financial assistance under PMEGP for existing units, what is the 10% for all
percentage of contribution required by the beneficiary. categories
23. After receipt of subsidy under PMEGP loan sanctioned in favour of a particular 3 Years
beneficiary. The bank should keep this subsidy in the form of Term Deposit Receipt
of _____at branch level in the name of the beneficiary/Institution. No interest will be
paid on the TDR and no interest will be charged on loan to the corresponding amount
of TDR
CGSSE/CGFMU/CGTMSE/ Other Guarantee Coverage
24. CGSSE (Credit guarantee enhancement guarantee scheme of Scheduled caste, 51% SC members
eligibility stipulates the registered companies/ entities have more than __ for 6 months
25. Types of businesses are eligible for guarantee coverage under CGFMU:
▪ Micro loans up to ____under Manufacturing /Services sector including retail trade ₹10 lakh
and loans for allied agricultural activities are eligible to be covered under the credit
guarantee fund.
▪ Further, Overdraft facility of _____sanctioned under Prime Minister Jan Dhan
Yojana (PMJDY) accounts shall also be eligible to be covered under credit ₹10,000/-
guarantee fund.
▪ Collateral free (third party guarantee allowed) loans between ₹10 lakh and ₹20 April 01, 2020
lakh granted to Self Help Groups(SHGs) on or after _____are also eligible for
coverage.
26. Nodal agency for implementation of Credit Enhancement Guarantee Scheme for IFCI Ltd
Scheduled Castes (CEGSSC)
27. Maximum guarantee coverage under Credit Guarantee Scheme for Subordinate Debt 90%
(CGSSD) for Stressed/NPA MSMEs
(The eligible loan amount should be 15% of promoters stake or ₹75.00 Lakh whichever is
lower)

APY
28. APY is regulated by ____ PFRDA
29. APY Eligible age 18 to 40 Years
30. APY exit at what age for getting pension: As per Atal Pension Yojana (APY) guidelines, 60 Years
subscriber can exit from APY upon completion of _____and avail the pension
PM SVANidhi
31. PM SVANidhi scheme is a assistance in the shape of Working Capital Term Loan for ₹50000/-;
an amount up to ____for Street vendors/ hawkers vending in ____and is guaranteed
Urban Area
by CGTMSE
Ist Trench – ₹10000/-, 2nd Trench - ₹20000/- ,3rd Trench - ₹50000/-

(Ref. Cir.: MSME 48/2022)
32. Extent of guarantee coverage provided by CGTMSE for loans under PM Svanidhi Maximum
scheme Guarantee Cover -
50% for 1st
(Ref. Cir.: MSME 48/2022) Trench,10 % for 2nd
Trench,8 % for 3rd
Trench
33. Under PM SVANidhi, the Urban Street Vendors will be eligible to avail a Working ₹20000/-
Capital Demand Loan (WCDL) loan of up to ₹10,000/- with tenure of 1 year and
repaid in monthly instalments. In case prompt repayment of first loan done, second
loan of ______shall be provided.
34. PM SVANidhi Scheme shall be implemented up to _____ Dec. 2024
Other
35. PM Suraksha Bima Premium amount ₹20/- Yearly
36. Under Pradhan Mantri Suraksha Bima Yojana (PMSBY) scheme, the compensation ₹2.00 Lakh
for permanent disability of one hand and one eye is
37. Overdraft limit provided in PMJDY accounts provided, the annual household income ₹1.00 Lakh and
of the borrowers doesn’t exceed ₹______in rural areas and ₹_____ in non-rural ₹1.60 Lakh
areas can be classified under priority sector.
38. AGRI CLINIC subsidy for women, SC/ST 44%
39. Sukanya Samridhi Yojna (SSY) minimum amount to be deposited in each financial ₹250/-
year
40. Sukanya Samridhi withdrawl age __ 18 Yrs or 10th Pass,

which ever earlier
41. Form used for opening PPF Account Form-A
42. Monitoring of the Prime Ministers Mudra Yojna is done by ______ Ministry of Finance
(Deptt. of Financial
Services)

43. PAISA portal stands for : Portal for
Affordable Credit
It is a centralized electronic medium for processing interest subvention on bank loans & Int Subvention
towards beneficiaries under Deendayal Antyodaya Yojana – National Urban Livelihoods Access
Mission (DAY-NULM) for Affordable Credit and Interest Subvention Access” has been
established. This portal was designed and developed by Indian Bank (eAllahabad
Bank) which is the Nodal bank
44. Equity Grant Scheme extends support to the equity base of Farmer Producer ₹ 15.00 lakh
Companies (FPCs) by providing matching equity grants subject to maximum of
____per FPC in two tranche with in a period of 3 Year and to address nascent and
emerging FPCs which have paid up capital not exceeding ₹ 30.00 lakh with
45. Interest payment on govt deposit scheme reviewed on _____ basis Quarterly
46. Min and max members in JLG group 4 to 10
47. PMJJBY Age limit 18 to 50
48. Senior Citizen Saving Scheme max investment ₹15 Lakh
*************************

MRQ 2023

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Memory Recalled

Staff Training Centre-2, Lucknow

Suggestions for improvement are welcome as always

With Best Wishes

Team STC-2, Lucknow

PNB STC-2, Lucknow 1|Page

5. Early name of NRLM Swarnjayanti Gram

PNB STC-2, Lucknow 2|Page

9. Question from Roof Top Scheme (Bank Specific) -

Purpose and Installation of rooftop solar system at residential house with

Margin ✓ Where mortgage of house is available with the bank:

✓ Where mortgage of house is available with the bank:

11. PMJJY Annual Premium ₹436/-

PNB STC-2, Lucknow 3|Page

14. One question from Risk Culture (Bank Specific) -

15. Question form SUVIDHA scheme -

17. What is white gold Cotton

18. Study of Fruits Pomology

20. Fish processing-drying packing etc called as Curing

21. Forest for wood and rearing of animals called Agroforestry

22. As per 4th handloom census -percentage of weavers in rural areas -

23. Credit Card for Mid Segment (Bank Specific) -

25. One question from Progress Scheme -

26. Power of CAC III, In change of ownership (Bank Specific) -

PNB STC-2, Lucknow 4|Page

28. DAY- NULM Margin Up to ₹ 50,000 – NIL

29. Missing person Act Indian Evidence Act

32. Question on Liqui scheme -

35. PMJJBY Annual Premium

37. Limitation period under Mortgage 12 Year

PNB STC-2, Lucknow 5|Page

43. ₹0.50 Lakh & ₹10

(Our Bank’s guideline is as under:)

PNB STC-2, Lucknow 6|Page

47. Missing Person define in ______ Indian Evidence Act

49. Daily Transaction limit of Internet Banking (which is not correct)

50. Death Claim Timeline

PNB STC-2, Lucknow 7|Page

56. Moratorium in repayment of term loan to establish Solar Roof Top

▪ As per housing loan scheme where mortgage of house is available.

57. Ceiling for Co Lending Limit to NBFCs ₹400/- Crore

Our Bank’s guideline is as under: (In our bank, as per

58. Whistle Blower status Reporting to ____ ACB

59. Technology Enabled

60. RIDF managed by NABARD

61. Partnership Liability Joint and several

PNB STC-2, Lucknow 8|Page

SN Nature of Incumbent of CHCAC ZOCAC HOCAC I &

I Aggregate commitment under

Sanctioning authority as per delegated powers as prescribed above are empowered to

III. In case of sanction of extension of repayment period of existing TL, maximum up to 7

64. Kisan Knowledge Centre (Bank Specific) Not on UBINET

66. Agri Residual highest CERIAL

PNB STC-2, Lucknow 9|Page

68. Not paying with

70. CTO & CRO

PNB STC-2, Lucknow 10 | P a g e

(Our bank’s guideline is as under:)

(Ref Cir. IRMD L&A no 174/2022 dt 22.11.2022, Renewal of credit facilities)

76. Terminology to popularize product Adware

77. Which step is not involved in IT Risk Analyze

78. Foreign Currency

79. Type of Risk based on given scenario Operational Risk