AK GUPTA BANKERS TRAINING INSTITUTE (77, Block BG-1, Paschim Vihar, New Delhi ) Tel: 8700526959, 9953587375, 8595004205 KNOW YOUR FACULTY - Sh. A.K. GUPTA) 1. Shri AK. Gupta is LL.B from prestigious Punjab University, Chandigarh, CAIIB, M.Comm (post graduate in commerce), PG Dip in Personnel Management and IR, PG Dip in Marketing and Management, PG Diploma in Training and Development, Certificate in Industrial Finan 2. Besides attending several programmes at NIBM and BTC(RBI), he was a student of University of Manchester for 3 months for an advanced programme in Development Bar 3. Ex- Chief Manager, Punjab National Bank with an experience of more than 28 years as a banker 4. Experience of more than 12 years in training in the bank's training college (Principal for 5 years) 5. Has helped thousands of bankers up to scale VI in their banking career for last 20 years. 6. Has been examiner with Indian Institute of Banking & Finance (lIBF, Mumbai) for about 5 years. Has been teaching Financial Management and Management Accounting and Commercial Law in the classes conducted by the Indian Institute of Banking & Finance. 7. After having left bank as chief manager, at the age of 48 years, remained associated with number of leading management institutions at MBA level including Masters of Finance, University of Delhi International Management Institute etc teaching subjects like Management of Banks, Financial Services, Financial Management, Merchant Banking, Banking Law & Practice. 8. Conducted programmes in the area of Asset Liability Management and Credit risk management for top management executives in the rank of Chief General Manager/General ManageriDGM/ AGMs of SIDBI, Central Bank of India, Dena Bank, Punjab & Sind Bank 9. Has been visiting faculty to training colleges of several banks like PNB, NIBSCOM (joint college of Oriental Bank of Commerce, PSB and J&K Bank), Canara Bank, UCO Bank, Bank of India etc 10. He was incharge of Economic Intelligence Cell in PNE for 5 years and the job involved analysis of monetary & credit policies of RBI, analysis of Govt, policies and Budget; tracking Banking and Economy related developments; He was Senior Manager incharge of Asset Liability Management Cell for 2 years. 11. Number of articles and case studies authored by him have appeared in Economic Times, Financial Express, PNB Monthly Review, Vikalpa (Journal of IIM Ahmedabad), The Banker, Indian Banking Today and Tomorrow, Indian Management (Journal of AIMA). He presented papers at Bank Economists Conferences. 12. He can be contacted at (093 50 476949, email: akg.bti@amail.com Pan naam tite ANY Scanning, photography or Photocopy or distribution (Whatsapp/Telegram/ Facebook) of this material is a legal offence under Indian Copyrights Act and IT Act and is liable for Legal Action with Bank and Breer nea ide eG een telah aaah aaah aeFeotan vada. Ve UOT ANY Scanning, photography or Photocopy or distribu Se ee ea enh esa ore eet bur eel ger ecu ye Bree Good kone ae Gr lec eae keane cence tues Lancs) ez ES AK GUPTA BANKERS TRAINING INSTITUTE (77, Block BG-1, Paschim Vihar, New Delhi ) Tel: 8700526959, 9953587375, 8595004205 KNOW N 4. Anshul Gupta is a Merit holder Chartered Accountant and B. Comm (Hons) from Hindu College, University of Delhi 2. He has worked with Banks across Globe to manage Treasury operations, Derivatives and streamline Banking operations for organisations, 3. He is an expert on Indian Commercial Law, Income Tax, GST, Accounting, Auditing, IFRS, US GAAP and Information Technology for Finance. 4. He has attended multiple trainings on Treasury and Bank Management, financial management, Cost and performance management and is an expert on Theory of Constraints in financial services. 5. He worked as CFO for Fortune 500 US Company for 8 years and prior to that has worked in financial services industry for another 14 years. 6. He has an extensive audit experience for Banks, Financial Services firms, NBFCs and other Govt enterprises 7. He left corporate sector to foray in education sector to help students across disciplines. He is a visiting faculty at multiple institutes for MBA, BBA courses and also teaches financial management and Law for Chartered Accountancy examinations 8. He is an expert trainer on Human Resources management, Interview skills and managing group dynamics. 9. He can be contacted at : anshguptag@amail.com Pears ara VMU ANNO Pet cee ae ee oT CE AC ee ee ee tee Cen eer geer cn ed SEW CUCU katana tke ac tka kclaln cil or eaacn Lamina?A KG INSTITUTE OF DISTANCE LEARNING 5 Kha bom. cor we. pankerstaiinginstinte com IMPORTANT RECALLED QUESTIONS Paper 1 activity: 75% 3. What is the SC/ST % of minimum beneficiary in NRLM: 50% 4. Out of these which belong to Minority community:Mustim, Christians, ‘option were given. out of that only 3 right), ‘5. What is the Kisan Credit Card limit for Marginal farmers: A flexible ti 2 {a8 Flexi KCC) based on the land holding and crops grown including B se storage related credit needs and other farm expenses, consumption needs, etc. 6. Inthe case of short term crop loans up to made by pub ecto pénks through rural land semi urban branches, Central Govt < 7. In case of Credit Guarantee scheme for MSE, overy ampGnt 6 % paid account shall be paid ¥y, interest shall be payable at___for the period for which payment remains outstat Said period of 30 days: 4% ‘above Bank Rale 8 9. Fraud of Rs 11 crore where there is no staff involvement will be rebated %8: Exenomic Offence wing of CBI. 10. For cases of detection of counterfeit notes upto 4 pieces, in a singlekansgétion whether FIR is to be lodged: é Nodal Bank Officer to the police or fait notes, at the end of the month. = uments should be 2 23. What is the meanin§ of/pari passu charge: When loan is made by more than one bank in consortium, sale proceeds af security Wil be shared among financing banks in proportion to their ouistancing, 24, if loan has been given by more than one bank under consortium, how the asset classification will be made: Each bank will classify based on its record of recovery. 25, As per Insolvency and Bankruptcy cqde, there will be a liquidation of the unit '___of creditors. committee decide for liquidation: Minimum 66% of creditors committee. AK G INSTITUTE OF DISTANCE LEARNING 8700526959; 8595004205; ic btarval cam; vow bankersvanainstivie.coaa ‘COPYRIGHT MATERIAL — ANY Scanning, phexogrephy ar Photocopy or dstrbution (Whstsapp/Telogram/ Facebook) of this materials 3 kegs ‘offence under Idlon Copyrights Act and ET At snd Is able for Legal Action with Bank and authortes PagelAKG INSTITUTE OF DISTANCE LEARNING JLcony yor bankesstraininainstiute com 26. As per PMAY, for eligibility under the scheme, the borrower should not have pucca house. What is the meaning of pucca house: A house which is all weather house Exposure celing for individual borrower in infrastructure sector: 20% of Tier 1 Capital ofthe Bank 27. What isthe insurance premim under PMJJBY ifthe beneficiary joins insurance in the month of December: For tenroiment in December. January and February ~ pro rata premium of Rs, 228/-is payable 28. What is the maximum age for joining PMJJBY: 50 years (Individual bank account holders ofthe participating banks aged between 18 years (completed) and 60 years (age nearer birthday) who give their consent to join / ‘enable auto-debit, will be enrolled into the scheme. PS 28. How much provision is required to be made for NPA which are classified as sub standard. which were secured from beginning and also those which were unsecured from the beginning: 15% of outstanding balance; But if account was unsecured from beginning. 25% of outstanaing (20% f loan to infrastructure). 2 30. incase of NPA classified as Doubtful, the rate of provision will be 100% of outstanding balance it the account is doubiful for how much period: More than 3 years 31. What are the four elements of KYC policy ofa bank: Customer Acceptance Policy, Customer identification Policy, Risk Management; Monitoring of Transactions 32. What s Bank Rate at present (as on 18.6.2023) 38, Whats the rate of provision on secured portion of the NPA which is NPA Yor lasttwo years 1. in DF2 category 40% of Realisable value of security Se Le 34. On a cheque, to parallel lines are not there but name of a bank is written in addition to name ofthe Drawee Bank. What isthe type of crossing? ) 36. Barks should inoduce a system of periodical updation of customer identification data (including photographs) afer the account is opened, The pertodiclty of such updation in case of High Risk customers should not be less than once in. years: Two years pas 36. ‘Small account Tears a savings account in a banking company where- the balance at any point oftime does not exceed rupees: Rs 50,000 a~—y v 37. The term Buls and Bears is related to: Stock Exchange m. 38. Buk Deposit means a depost wth minimum balance of Single FD of Rs 2 crore and above 39, What isthe relationship between a bank and a customer in case of Deposit account 40. How many digits are there in IFS code?: 11 41, Statutory Liquidity Rato is maintained by banks as perwhich Act & Section: Section 24 of Banking Regulation Act ANN 42. Which of the following is not material alteration: Changing @ cheque payable to bearer to payable to order. 43. A customer has an overdue loan account with you. Same customer has a Saving Bank Deposit account with ‘you. Bank debits the SB account and credits the amount to overdue loan account. Which right has been exercised by the Bank: Right of Set Off 44, In case of APY, what is the age of starting Pension: 60 years 45. As per APY, income taxpayers will not be eligible to invest in Atal Pension Yojana (APY) from. However, investments made in Atal Pension Yojana are eligible for deduction under section 80CCD (1) of the Income-tax Act, 1961: October 1, 2022 46. In case of charge by way of Hypothecation, ownership of goods remain with and possession remains with Borrower, Borrower in both cases. 47. Whats the main difference between term loan and Deffered Payment Guarantee issued by bank: Outlay of Funds 48. What is Mixed farming: When a farmer undertakes allied agricultural activities in adition to farming activities, it is called Mixed farming. ~ 49. In case of Agriculture Infrastructure Fund Scheme, maximum amount of loan on which interest subvention of 3% will be available is: Rs 2 crore 50. What is the Reservation for SC/ST in case of DAY ~ NULM?: As per their population in that city IMPORTANT RECALLED QUESTIONS AK G INSTITUTE OF DISTANCE LEARNING ‘M: 8700526959; 8595004205; hic.tiomall.com yon bankeriraininainttte com ‘COPYRIGHT MATERIAL ANY Seanning, photography oF Photocopy or dtribtion (Whatsapp/Telegram Facebook) of his materials legal ‘offence under Indian Copyrights Act and TT Act and is lable for Lega Action with Bank and authors Page2AKG INSTITUTE OF DISTANCE LEARNING dg.bdgmal.camy war bankersrainingintiute com ‘COPYRIGHT MATERIAL ANY Scanning, paotography or Photocopy or detrbution (Whatsapp Telegram Facebook) ofthis material 2 fal perce 2 B. 14 18. 16. 1. 19. 20, 2 22. 23. 24. 28. 26. 27. 28. 28, itece der tnlan Copwigia ak no FF Aad abo kno Acton ve ark nd Paper 2 \Whatis the Reservation for SC/ST in case of DAY - NRLM?: 50% As per revised KYC guidelines, in case of a Limited Company, a natural person wit! bow treated as Beneficial owner if the share in capital or profit is: More than 10%. ‘Which of te folowing isnot aalsadvantage cf C Limi: Interest is charged on daly product basis, Wats cuentRop rae avon 92008 68% ef Place for deposit of title deeds for creation of equitable mortgage is notified by: State Sovermrt DIES des rt cnr whi ont dnc wn akebe commer tg ono tneag Abas ae to take DICGC cover for insurance of deposits 7 What is a Clean bill: A bill of exchange with which document of title to goods are not attached. Nomination facility is available in which of the following accounts - Safe custody, Safe Deposit Locker, Deposit Accounts: Allof these How much amount ean be withdrawn in a month from a Smal account: Ré 10000 Right of lien cannot be exercised on: Balances in bank accounts —~_ ‘Who is an Executor: A person named in the Will or Probate who will look after properties of a deceased depositor. S™ If pan is not available, what willbe the rate of TDS for Indian residents: 20% AS per Integrated ombudsman Scheme, Centralised Receipt and, 4 Processing ‘centre for lodging complaints with Ombuasman Is situated at: Chandigarh SNS dd “The financial ratio used for calculating abilty ofa fim to pay term loan instalments Is: Debt Service Coverage Ratio (DSCR) NON ia charge is created on any asset of the company, the company is required fo get the particulars of charge registered with ROC within how many days of ereation of charge: 30 days. Why banks avoid finance to unregistered partnership firm: Because unregistered firm cannot file suit for recovery of its debt from its debtors. aw ~~ As per Integrated Ombudsman Scheme, for any consequential lass suffered by the complainant, the ‘Ombudsman shall have the power to provide a compensation up to Rupees 20 lakh, in addition to, up to oR for the loss of the complainant's time, expenses incurred and for harasamentimental anguish ‘by the complainant: Rupees One lakh Asper Integrated Ombudsman Scheme, the complainant may, aggrieved by an Award, within 30.days of the date of receipt of the Award or rejection of the complaint, prefer an appeal before the Appellate Authority. For this purpose, Appellate Authority will be: Executive Director of RBI. In ae of PHM, row mnucn an canbe granted under Kistre Seneme: More than Rs £0000 upto Re § Lakh. a In case of Balance sheet of a bank, Details of Deposits and Borrowings are reported in which schedule: ‘Schedule No 3 and Schedule No 4 For the purpose of tax saving, deposits are made in which scheme: Tax Saver FD & PPF; ‘What isthe target for fnancing to weaker section within Priority Sector: 12% of the ANBC or CEOBE whichever ishigher pm ~ What is the age limit in case of PNISBY: 12 year fo 70 year ‘Which rate is not decided by RBI: interest rate on deposits accepted by banks ‘As per KYC, which of the following is not considered or taken as part of KYC Policy of the bank: Hobby of customer fat 'As per RBI guidelines issued by exercising powers under section 35, of the B R Act, validity of which ofthe following instruments is up to 90 days: Cheque, Demand Draft, Pay order or Bankers Cheque Normally, reply to a application under Right to Information Act should be supplied within how many days: 30 days from receiving the query ‘As per RBI guidelinel, #6 ensure that MSMEs do not remain small and medium units merely to remain eligible for prionty sector status, he MSME units shall continue to enjoy the priority sector lending stat after they grow out of the MSME category concemed: one your Meéfings of DCC shoukd be converied by the Lead'Bianks at: quarterly intervals. AK G INSTITUTE OF DISTANCE LEARNING M: 8700526959; 8595004205; kg BiGamelcony ww benkerstrabinainstiute.com ‘COPYRIGHT MATERIAL ~ ANY Scanning. photagropty oe Photocopy er dtribution (Whetsapp/ Telegram] Facebook) ofthis materials a legal offence under Indian Copyrights Act and Acs andl isble for Lega Action wis Bank and athores, PageAK G INSTITUTE OF DISTANCE LEARNING 'M: 8700526959; 8595004205; kg. bttama com; yor bankertraiingintie com ‘COPYRIGHT MATERIAL ~ ANY Scanning, photography oF Photocopy a cstroution (Whatsapp/Telegram/Facebook) ofthis materi sale 30. 31 32 33. 36. 42, 43, 44, 45. 48, 47. 48 49. 50, 1. What is the annual premium of PMJJBY: Rs 436 (Ins co - |. Inchoate Instrument refers to: Incomplete instruments. As per ‘offence under Inclon Copyrights Act and TT Act andi liable for Legal Action with Bank and authorities. {As per CGSMSES, in case of term loans, Annual Guarantee Fee would be calculated on outstanding amount a on ‘against each guarantee account and for working capital, AGF would be calculated on maximum (peak) werking captal imi availed by the borowerlenterprse during the previous year. 3tst December, Calendar As per CGSMSE. additonal sk premium of __willbe charged on the applicable ra payout threshold limit of 2 times more than tigen last 5 years: 15%, RBI can reter cases for resolution under Insolvency & Bankruptcy code by exer Section 35AA and 35AB of Banking Regulation Act. What is the maximum amount of overdraft avaliable in in Jan Dhan account Ful form of SPGRS: Standardized Public Grievances Redressal Systo to MLIs who exceed the cg under which Act by BCSBI (BCSBI is not a forum for redressal of individual grievances), In what ways does BCSBI protect bank customers? BCSB! is not a fo It sets out minimum benchmark standards for banks to act fairly their dealings with customers. The codes lay great emphasis on transparency and pro R 1 product or service is sold, The codes also contain a number protect the interests of the customers while dealing with ther ‘What is the rate of premium payable on PMJUBY, if so 29: 228 What is the maximum amount of Insurance under PM Suraksha complete incomplete instrument. How many witnesses required for nominatiop-by erate person account Mefder: No need of Attestation by literate person account holder. However, wit required by iliterate account holders, Without submission of proper KYC doc ‘can open NRO account and operate for 30 Loan to Co-operative Societies up Rq 5 sd uhder priority in which category: Ancillary Activity ‘Target for Weaker section advgfices 12% of ANBC or CEOBE whichever is higher. All Domestic Bank and Forelg fches and above to reach the Priority Sector Target of: 40% of ANBC or Enterprises where in Plant and Machinery is Rs. 1.00 Crore and Tumover in the account i Rs 5,00 Crore per ang erprises As per Large Expo! fngle counter party (Individual) Exposure including of Infrastructure exposure’ apa of the Bank ‘An account holder has gi of attorney to an agent for operating the account. The principal ‘account hold ve a cheque signed by an agent. Whether cheque issued by POA AKG INSTITUTE OF DISTANCE LEARNING ‘M: 8700526959; 8595004205; ki. iDomal cons win bankersraininginsi con) ‘COPYRIGHT MATERIAL™~ ANY Scanning, photography or Phokocopy or astrintion (Whatsapp/ Telegram /Facebook) ofthis material a eps! offence under Indian Copyagite Ac and TF Act onl liable for Lagat Action wth Bank and athorties PagedAKG INSTITUTE OF DISTANCE LEARNING IMPORTANT RECALLED QUESTIONS Paper 3 z i = 3 & ie 3 2 3 Z Q 2 3 3 3 i : 5 zg 5 z o 5 2 What is the maximum Moratorium period in case of Stand Up india scher Salaried class is classified as: Low risk customer. DICGC premium ..... paisa per Rs 100 :12 paisa 10. Under Positive Payment system (RPS) in CTS, banks : g a s g a a 8 2 a 3 é 3 3 g 3 11. Gamnishee order wil be applicable in accounts where banker baja Creditor. 12. Bond which is issued by the Government are: Gilt edged bonds/sect 13. New Pension Scheme (NPS) subscriber will ed to withdraw the" {otal corpus is equat to or less than Rs. 9 14. The Presenting branches should prese, fire corpus in lump sum if the ing maturity of ____years: § Lakh & 60 years es in their custody securely for a period of 418. As per revised guidelines on Indo 416. No loan related and ad-hoc gfarges should be levied on priority sector 47. No margin and collateral seculty 18 be taken in Agriculture advances upta : Rs 1.60 Lakh. 18. Which type of custo mandate fo be ope 49, What isthe minimum a factions under NEFT: No minimum and no maximum. 20. As per Indo-Nepal remittaheg faciihy Scheme, banks shall accept remittances by way of cash from walkin custemers or non-ciig @ ceiling of Rs. per remittance with a maximum of imesh afea 21. Sate depos gyper year and break opening charges of locker is Rs. 2,000, Bank can take dephgits' ars advance rent + Break open charges= Rs, 24,200/ . fr coulter bank, the incentive provided is Rs. per bag. The incentives ‘would be paid oh,the badis of withdrawal from currency chest, without waiting for claims from banks: Rs 23. AS per RBI guideli levy of Penal Interest for delayed reporting / wrong reporting / nan-reporting of Currency Chest trankagybns, the minimum amount of deposit into / withdrawal from currency chest will be Rs. and thereafter, Yh multiples of Re. 1,00,000; 80,000/- 24. in STAND UP INDIA scheme, the existing margin requirement of___ % stands revised margin to, %: 25% and 15% 25. Net worth of indian Companies for acquisition of equity in overseas companies crore Rs, 2 Rs 100 AKG INSTITUTE OF DISTANCE LEARNING M: 9700526959; 8595004205; kxa bueernai.co ev bankeesanmlns sue coma ‘COPYRIGHT MATERIAL ANY Scanning, photography or Photocopy OF estibaion (Whstsapp/ Telegram Fecabook) of tis materia ts 2 egal ‘offence under Indan Copyrights Act and TT Ac nd ls lable for Legal Action with Bank ne ov bankerstraningnstiute.com or dierbuton (Whetsapp/ Telegram Facebook) of this materia it legal PagedAKG INSTITUTE OF DISTANCE LEARNING ‘M: 8700526959; 8595004205; tho iiGamalcony wo. bankersratioginstiute,com ‘COPYRIGHT MATERIAL ANY Scanning, photography or Photocopy or cstrbution (Whatsapp Telegram Facebook) ofthis materi legal ‘offence under Indian Copyrights Act and IT Act and Is Nable for Lapol Acton with Bank and authorities. 26. In working capital assessment, the duration of operating cycle if not mentioned, then _months can be taken: 3 27. Maximum loan tenure period under Pradhan Mantri Awas Yojana (PMAY) is 20 Years 28. Maximum Capital subsidy under Swachhta Udyamai Yojana (SUY) scheme of National Sefai Karamacharis Finance and Development Corporation (NSKFDC): Rs 3.25 lakh 29. Inchoate cheque meaning: Incomplete instrument 30, CRR comes under: Section 42 of RBI Act 31. Cash payment of FD in excess of Rs 20,000 not allowed which act : 269 T of | 32. Counterfeit Notes to be preserved for a period of ..... years from the authorities/Courts. Counterfeit notes, which are subject matter of litigat preserved with the branch concerned for ....years after conclusion of the 33. Closed ledger sheetsitransactions details in respect of Live Accounts atid ‘other than term loans and TD s are to be preserved for a period of a 10 years 34, Maximum amount of loan against negotiable warehouse receipt fos. varying from a saving to loan ratio of: 1:1 to 1:4. 36. Which of the following types of loan not covered under Fin: 37. FLCs and rural branches are eligible for funding suppg literacy camps to the extent of 60% of the expenditure ‘camp 28. As per IBC 2016, the resolution professional will appoint __s ‘and the liquidation value of the corporate debtor undergoing resol 39, When on a farm along-with crop production, raising of live stock or Some 9 poultry, dairy farming or bee keeping etc. is ac hen this system of Yafmning is known as: Mixed farming, 40. The type of charge on goods in which pos bank and ownership is with borrower is called: Pledge 41. Which of the following is not Material Alteration? (a) Autératian of the date of the instrument. (b) Alteration of the jpe name of the payee; (e) Changing Bearer to 42. Cash Reserve Ratio (CRR) is maintai Ge of (a\/deposits; (b) liabilities; (c) demand deposits; (d) Net Demand and Time Liabiltigal (e) D iaplities; (f) Credit Equivalent of Off Balance Sheet Exposure: Net Demand and Fim¢ Liabil 43. A person taking is cheque crise general Gearing in either case the words — not be able to give a better titlt to the holder th the transferor. Not negotiable 44, Banks normally do not give lobns la partnerships which are not registered with Registrar of Firms. What is the or AKG INSTITUTE OF DISTANCE LEARNING 'M: 8700526959; 8595004205; tic iomal con vos hankerstraiincnstiute. com ‘COPYRIGHT MATERIAL ~ ANY Scanning, photography ar Photocopy of eatribution (Whatsapp Telegram Facebook) of tis material is legal ‘offence under Indian Copyrights Act and Ac and i lable Yor Legal Action with Bank and authorities PageOAKG INSTITUTE OF DISTANCE LEARNING 1M: 8700526059; 8595004205; ko iemal. com; wr banketsranininsttu.com ‘COPYRIGHT MATERIAL ~ ANY Scanning, photography or Phatocopy o detioution (Whatsapp/Telerem Facebook) ofthis materia sooo! ‘ee Under Tedlan Copy Ace and £7 Ack bd inble for Legal Aton Wi Bonk and autostes. IMPORTANT RECALLED QUESTIONS Paper 4 4. Nomination faciliy is allowed in respect of which type of account: accgd proprietorship account 2. In MICR system used for clearing, the last two digits represent transactg ‘Savings Bank Account Cheque (10), Current Account cheque (11), Ban cheque (14), Demand Draft (16), At Par Current Account Cheques (29) (G0), Savings Bank at par cheque (31), Which ofthe following is a part of ancillary activity under agriculture? For calculation of CRR, statement is prepared (a) weekly; (b) forty What In case of Bills purchased or Bills discounted, account for a period of: more than #0 days ‘any objection, the secured creditor should reply within: 18 days 10. When nomination is made by a depositor gle, witness is requited from how many persons: None. 11. As per KYC norms, accounts of bullion g€alers (igtiugigg sub-dealers) & jewelers should be categorized by banks as: High Risk 12. What is the maximum amount of cai were made a bank which has now fale 13. Days of grace are allowed in which typ made by DICGC in respect of deposits that lakh per customer per bank of Exchange. 14, Deferred Payment Guarant ) is ype oP ial Suarantec 415. Monetary Policy issued by iewed By ‘Once in two months. 16. As per exposure norms pr by RBI, madimanExposure of a bank to a single borrower can be 20% of: Capital base of the b 17. While granting advang 18. 19, 20. 21. 22. 23, 24 26. 26. by which ofthe folldingCRAR 27. LC can be issued by\Apgficant’s bank in favour of. exporter 28, Banks appoint which Of the following for financial inclusion?: Business Correspondents (BC) 29. In which of the following, direct debit can be done in the account of a customer for making payment to some person: ECS: 30. Which of the following is not liable personally for any ioan or any other act?- Minor 31. Incase of MICR cheques, what is the transaction code for Demand draft?:16 AK G INSTITUTE OF DISTANCE LEARNING 3700526959; 8595004205; t4a.sgmal, com; vnc backertraingnstite.com ‘COPYRIGHT MATERIAL ANY Seanaing, photography or Photocapy o distribution (Whatsapp/ Telegram Facebook) of thia material 3 kegal ‘offence under lnlan Copyrights Act and TT Act and ie Hable for Legal Acton with Banc and authorities Page7AKG INSTITUTE OF DISTANCE LEARNING 'M: 8700526959; 8595004205; ic. btiamai.cons av bonkeesraningnsttute.com ‘COPYRIGHT MATERIAL ~ ANY Scanning, photography or Photocopy of strbution (Whatsapp/ Telegram Facebook) ofthis material sa tgal 32, 33. 34. 36. 37. 38. 39. 40, a ‘offence under Indlan Copyrights Act and IT Act and Is Wable for Legal Action with Bank and What is the land holding criteria for Small and Marginal Farmer: Marginal farmer means a farmer with land holding up to 1 Hectare (2.5 Acre) and Small bank means a bank with land holding more than 1 Hectare but up to2 Hectare ( § Acre) ‘loan given for construction of a house in Metro area ( Area with population of 10 Lakh and above) will be Classified as priority sector ifloan is up to a maximum of Rs ‘and cost ofthe hguse is up to a maximum of __'Rs 35 Lakh; Rs 45 Lakh CERSAT stands for : Central Registry of Securitisation, Asset Reconstruction and S As per KYC guidelines, banks are required to carry out Customer Due Diligeng context, who is considered as beneficial owner in a Partnership firm: Where the beneficial owner is the natural person(s), who, whether acting alone 9 juridical person, has/have ownership ol/entitlement to more than 15% of ‘As per KYC norms, where the OVD furnished by the customer does bbe deemed to be OVDs for the limited purpose of proof of address ‘more than two months old of any service provider (electricity, telephl water bil). ‘A note which has become dirty due to normal wear and tear o7 the pieces presented belong to the same note and form the called: Soiled Note AAs per RBI guidelines, banks should exchange soiled n e ¥f charge where the number Of notes presented by a person is up to pieces +5000 terest of India As per RBI guidelines issued on Sept 4, 2020, a loan given % fe will be classified as Priority sector if loan is up to in metro area and up to ind 0 area (Le. Rural, Semi urban and urban area): Rs 10 Lakh Rs 6 Lakh For physical possession under SarfaesiAct ,battToriged Officer shall flé'ef application under section 14 of the Act, before: District Magistrate (Section Becyatisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SAR secured asset within 30 days, banks) ‘A manufacturing or service enterpris| machinery or equipment is up j4 crore. District Magistrate to deliver possession of a 60 days upon reasons recorded in writing, to jedium enterprise if investment in Plant and Fis up to Rs 50 crore and Rs 250 Rss0 Education{oan t jount without Collateral and Third-party guarantee: Rs 7.50 lakh Maximum if document complete in all respect: 15 days ‘Agreement in waiting and registered or is a promise to compensate for something do promise to pay a debt barred by limitation law under which Act?:section 25 ofindian contract act AKG INSTITUTE OF DISTANCE LEARNING 'M: 8700526959; 8595004205; kk bom coms vow bankertrainioaintitute.com ‘COPYRIGHT MATERIAL ANY Scanning photography or Photocopy o lstbution (Whatsapp/Telgram Facebook of his materia sa legal ‘offence under Indian Copyrights Act and TY Act and is abe for Legal Action with Bank and authorities Page8AKG INSTITUTE OF DISTANCE LEARNING M: 8700526959; 8595004205; i biiamal. cons wv bankotstaiinglsttutecom ‘COPYRIGHT MATERIAL ANY Scanning, abotog-ephy or Photocopy or dation (Whetaapp/ Tehegrrn/Facebook of this material lea egal ‘ftence under indian Copyrights Ac and TT Act snd is nble Hegel AcSon with Bank and muons. IMPORTANT RECALLED QUESTIONS Paper 5 1. Ifa customer accepts the Award given by Integrated Ombudsman, bank can fk ‘within how much period: 30 days from receiving acceptance from customer. 2. As per N.LAct section 1434, what is the maximum amount af interim corn Magistrate: 20% of the amount of cheque In whose recommendations ad hoc limit can be granted to MSE: S.L. Kj Gn which of the following assets, charge is not created by way of hypothe Stock; (4) Vehicle: Land. 6. Rural Infrastructure Development Fund (RIDF) is maintained wi 7. For being eligible to be classified as small (service) enterpr exceed: Rs 10 crore (Before 17.2020 it was Rs 2 crore) ‘8. What should the minimum holding of Government in pub| 8. InMICR, what is the transaction code for DD?.16 10. A unit wil De classified as Small manufacturing enterprise Crore and tumover up to Rs 80 crore per annum. 11. Which form is required to be taken in case of interest on an FD Ng except in case of senior ctizens, so that tax is not deducted?: 15 G 42. Whats the annual income requirement of on according to NS@fDC? Rs 3 Lakh pa. 18. From the following, calculate Drawing Pg Rg 800000; Margin 25%; CC Limit ~ Rs 8 Lakh: Rs 5 Lakh 14, Which of the following is Nodal Agency 15. What is the PS target for RRB: 75%of, 46. Full form of IGT: Information and co 47, What s the requirement for Gepgta 48, The annual premium under RO; RBI; SIDBI: KVIC. 5 on the face of the cheque. 1.6.2022). Out of this how much is paid to 419. What is the share of Central 20. In case of Self Emplg 24 22, 23. ink, details of Deposits are recorded in which schedule: Scheduto 3. 24. Softion 6 (b) of Banking Regulation Act 2 een Bank and customer in case of Deposit account: Debtor and Creditor. 26. dbsidy provided by Govt to EWS during moratorium periad in vocational courses: 100% ‘during Moratorium period. 27. In. case of Doub , provisioning on unsecured portion is 100% but provisioning on secured portion varies from 25% to \Q% of RVS. In which type of cases, provision on secured portion will also be 100% af RVS: If account is ddtibtful for more than 3 years. 28, Transfer of interest in specific immoveable property for securing a debt is called: Mortgage. 29. Full form of DEAF: Depositors Education and Awareness Fund ‘30. What is the maximum age for taking cover under Prime Minister Suraksha SimaYojna (PMSBY): 70 years. AKG INSTITUTE OF DISTANCE LEARNING 8700526959; 8595004205; Hs, bankerstraaingnstute. cata ‘COPYRIGHT MATERIAL ~ ANY Scanring, photography or Phokocopy or dlatribution (Whatsapp Telegram /Facebook) ofthis material sala ‘offence under Indian Copyrgite Act and EY Act and able for Legal Acton with Bank and authorioee PageDAK G INSTITUTE OF DISTANCE LEARNING M: 8700526959; 8595004205; ka balcony win benkersraniaiostiute com ‘COPYRIGHT MATERIAL ANY Scanning, photography or Photocopy or ditribution (Whatsapp/ Telegram Facebook) of this material 9 legal ‘offence under Inan Copyrights Act and TT Act and Is able for Legal Acbon with Bank and authorities. 31. As per RBI guidelines, when a depositor makes nomination in his deposit account, what should be written by ‘bank on Pass Book or FD: "Nomination Registered”. 32. Demand draft of how much amount can be prepared only by debiting the account or against cheque and not against cash: Rs 50,000 and above 33. Parameters of High net worth individuals, Average balance of Rs ....lakh in (SB+CA+FD), enjoying FB limits/TL exceeding. lakh: 100 & 100 (May vary from bank to bank) 34, Accounts of foreign students branch should obtain local address with in verifying local address :30 days 38. Where the customer is a partnership firm, the beneficial owner is the nat alone or together, or through one or more juridical person, has/have 0 '% of capital oF profits of the partnership :15 % 36. (OVDs) furnished by the customer does not contain updated adg ‘equivalent e-documents there of shall be deemed to the OVDs for Client shall submit updated OVD with current address within a period 8 document 3 months 137. Out of foliowing which is not correct for BSBD account :Maxi withdrawals ( correct is minimum 4) 38. Number of attempts to login Oniy..... Wrong attempts are ao 39, Customers" Day ........th of every month. BM to be 3) customers “As per RBI 15th but some banks keep 10thé 40. ATM failed transaction T + 5 not reversed penalty: Rs 100 a4 ‘of proof of address, bpmitting the above Pp.m& 5 p.m. to meet ‘within... days after date of days of the date of the transaction : 120 days & 30 days 42, NEFT for walk in Customer, maximum up to; 43. Principles of the Customer Rights Policy (pd man gt) RIGHT TO EDUCATION 444, Cash @ pos facilty availing cash withdrawal acy trpfn the POS Terminals of identified MEs. Maximum of Rs ~per day per debit cardin Tier § A in other centres: Rs 2000 45, Maximum quantum of loan under Dififrenfial Rat of Aftest scheme and Rate of interest is Rs 15,000; 4% 48. No banking company shall hold Wher as pledge, mortgagee or absolute owner of an amount exceeding. ‘company of % of its own paid-up capital and reserves, whichever is le§s: 3b of Banking Regulation Act 47. Under Pradhan Mantri Suraksha ‘scheme, the compensation for permanent disability of ‘one hand and one eye 48, inthe event of dishondPe a fheque VANTIN Tapeps one crore and above drawn on a particular account ofthe drawer on a finangfal year for want of sufficient funds in the account, no fresh cheque book would be 4y consider closing current account at its ciscrtion: 4 49, Which of the following is nd eans of Recovery: Invoking of ciaim under CGTMSE/ECGC. 50. CERSAI ful fam: Central Reg curiisation Asset Reconstruction and Security Interest of India, AK G INSTITUTE OF DISTANCE LEARNING 'M: 8700526959; 8595004205; tha bii@amal.cony sw. bankersraininginstiutecom COPYRIGHT MATERIAL ANY Scanning, Photography or Photocopy or ditibution (Whatsapo/Tetegrm/Focebook) of this materia is 8 legal fotfence under Indian Covyrighs Act and TT Act and i Hable for Legal Action with Bank and autores Pagel0AKG INSTITUTE OF DISTANCE LEARNING 1M: 8700526959; 8595004205; ic bti@amalcomy wor banks ‘COPYRIGHT MATERIAL ~ ANY Scanning, photography oF Photocopy of cstibution (Whatsapp Telegram Facebook) ofthis material i legal authorities. 12, 46. 23, 24, 25. ‘offence under Indian Copyrights Act and TT Act and sable for Legal Action with Bank and IMPORTANT RECALLED QUESTIONS Paper 6 ‘As per the revised guidelines, under NRLM, for loans to SHGS above Rs. 10 la} Ndentification Procedures; Monitoring of Transactions Chairman of District Consultative Committee: District Collector / Depul The bank is committed to compensate the customers for any delay property beyond. days of the repayment of all dues: 15 ‘What is the time limit for implementing the award by Bank afte; Banking Ombudsman scheme: 1 month from the date of aco TDS on Rent wef 01.04.2019: Above Rs 2,40,000 per ann lacs, Gold Monetisation Scheme, medium and Long term invest Function of esc in keyboard: Cancel the current tab Garnishee order What should be the Risk Weight of exposure of Bank to NBFCS: Bat ures to NBFCs, excluding CIC's, will be risk weighted according to ratings assignec-yy agencies. Exposihes to CICs, rated as well as unrated, will continue to be risk-weighted at 100%. tajget for Minorities under NULM scheme: 15% Loans for Food and Agro-processing inctioned limit of per borrower from the ‘banking system will be classified as What is the maximum amount year: No limit ‘As per RBI guidelines, Demafd dlatt of ho DD: Demand draft of Rs 20000 ahd above. Hon (NRLM), Women Self Help Groups are financed, Women SHGs under DAY-NRLM would nog While preparing Anné ‘Schedules: Schedule 3 days Grace period is aM Payment in respect of which type of Negotiable Instruments: Usance Promissory Note & Usance Bil ange. The a ue with date 31.7.2020 and presented the same for payment on 147.2020 late subsequent to date of presentation); Such cheque is called: Post dated ct ). Up to how mo ft can be issued against cash: Rs 49,999. Bank should led notes over the counter free of charge if the number of notes presented by a person is up to. ha maximum value of __per day .20 pieces, Rs 5000 As per KYC guid records relating to opening the account are to be preserved for: § years from date of As per Section 87 under chapter VI-A (96 rebate up to: Rs 12,500. Loan against Life Insurance Policy is provided by bank on the basis of: Surrender Value of Policy; Which of the following changes in a Bill of Exchange or Cheque changes its identity (i.e. Material alteration): Changing Order to Bearer. AKG INSTITUTE OF DISTANCE LEARNING 'M: 8700526959; 8595004205; kia bicoomal.cons wuns.nankersrainnginsttute com me Tax Act, a resident individual whose total income ater reducing the deductions ‘tion 80C, BOD and so on) does not exceed Rs 5 lakh in an FY, he is entitled to tax ‘COPYRIGHT MATERIAL ~ ANY Scanning, photography or Photocopy of cstbution (Whatsapp/ Telegram /Facabook) ofthis materials legal uthortes ‘offence under India Copyrights Act and IT Act and sible for Legal Action with Bank ad pagel 1AK G INSTITUTE OF DISTANCE LEARNING 1M: 6700526959; 8595004205; ii tama cony wun hankerstrainoainttte com ‘COPYRIGHT MATERIAL ~ ANY Scanning, photography oF Photocopy er estriution (Whatsapp/ Telegram Facebook) ofthis materia i egal ‘offence under inion Copyrights Ac and IT Act ands lable for Legal Action with Bank and authorities. 28. What's the effect of General Crossing?:Cheque will be paid only to a bank. 27. As per RBI Guidelines, the interest on Domestic Saving Bank deposits will be paid at which interval: Quarterly or earlier intervals. 28. In which of the following services relating to Aadhar Card, fees is Nil Aadhar Enrolment 28. As per RBI guidelines, what is the maximum charge that can be made by bank fgr converting inoperative ‘account to Operative:Nil. 30. In BSBDA account, how many maximum debit transactions and amount is allowed: 31. NEFT facility was made available on ~ 24x7 basis from: 16.12.2019 32. What is the method of recovery by compromise without initiating any legal 9 promise. 33. Banker's Lien is: Implied Pledge 34. In case of PMJJBY, what is the lien period i.e. Risk is covered after how méiny dys 36. As per which Act, payment of FD of Rs. 20,000 or more than Rs. 20,000 account lr account payee cheque: Section 269 T of Income Tax Act. 36. If NWC = Rs 8 cr, Current Assets = Rs 32 crores, Find Current Ratio’ {ll be Rs 24 crore. Therefore, current ratio will be 1.33:1. 37. As per Ombudsman Scheme, what is the time limit for acc ‘appeal by complainant to Appellate Authority: 30 days from 38. A unit will be classified as Micro enterprise if original inves} Rs 1 crore and turnover in a financial year up to RS 39. As per SARFAESI Act, what are the Powers of District possession within 30 days of filing of the affidavit. 40. Loan to a farmer against pledge or hypothecation of stored Praduce’ 41. Interest Subvention on short term production credit js available on a lag up 6: Rs. 3 lacs: 42. What is the maximum amount that can be cre BSBDA account in ’fancial year: No limit. 43. Charge on Immovable Property is created: M 44, As per KYC rules, record of transa transaction. ‘48. Charge by Hypothecation cannot be cr res hnd Debentures; 46. Change in name, date and amount of cheque i righ alteration 47. In case of Pradhan Mantri J , normally the maximum age limit for becoming member is 50 years. But if so " ‘60 years, it can be extended up to: 55 years. 48. Whois a Holder as per N | ptfon 8 of NI Act. 49. "Holder in due course” defined ‘50. If a bank allows advance agai Holder for Value. 1ed for how many years: 5 years from date of ue sent for collection or purchases cheque from customer, bank is called AK G INSTITUTE OF DISTANCE LEARNING 'M: 8700526959; 8595004205; ka 8h@omallcomy wor barkersraninainstiue. con corvnicirt waTERIAl"" AN Scanning, potegraphy or Photocopy or asrbtion (Whateapp/Tetgram /Focebook) ofthis mater sa egal ‘offence under inlan Copyrights Act and TY Act ond Is able for Legal Acton with Bank and authorities Pagel 2AKG INSTITUTE OF DISTANCE LEARNING 'm: 8700526959; 8595004205; tha Lti@amell coms yu bankersraminanstute.cam he corrasce mareaat AN Samia hemyapy or coca oy aero htapn Tegan Paoio te tra eel IMPORTANT RECALLED QUESTIONS Paper 7 1. AS per KYC guidelines on monitoring of transactions, Suspicious Transaction Rey ‘much fime: Within 7 days from confirmation of suspicion. 2. What is the limitation period available for fling suit for recovering po property after payment of motgaged money: 30 years. ‘3. In which scheme reservation for minority community ~ Nrim; Nui; Sims; 4. Examination under UV lamp for all cheques beyond a threshold of say: 5. With regard to Senior Citizen Saving Scheme, what is the minimum 6. 7 8 be made’ Rs 1000 and Rs 18 Lakh. ‘Which section of NI act provides protection to collecting bank: Segtion "What is the rate of CRR at present: 4.5% of NDTL ‘What is Bank rate at present: Pl check latest rates 8. Which type of crossing Is very popular but not mentioned i unt Reyes Crossing 10. Which cf the following is Intangible asset: Goodwill 11. Positive pay system intraduced to reconfirm key details 12. To provide banking to services to public at affordable cost cision 13. For enforcing rights of Bank under Sarfaesi Act, minimum Rs 1 lakh 14. A person wants to open a joint account with one of his relatives in So janer that tl he is alive he alone ccan operate and after his death amount is pgierttrhig relative. What typs%ef account will be opened: Former or survivor. 15. An account becomes inoperative when ere af T16 op for: 2 years Act: &. Special crossing; 8. General crossing; payee 17. Flom 4 22026, b1C0 insures bank dhpodk upto’ Rs § Lakh 20, As per RBI guidelines, rules 0 not appidable to which type of accounts if value of secur is more than the outstanding nk's own Deposit, Life Insurance Policy, NSC sligible for surrender 21. What is NUP? -Natiof@ (NUUP) is a USSD based mobile banking service provided f) that brings together all the Banks and Telecom Service 22, ta loan has been given n one bank under consortium, consent of how many banks required for initiating actign under sarfaesi™ gers by value. 23. What is fullfomi Enharibad Agtess and Service Excellence 24. In case of bul for more than 3 years, provisioning on unsecured portion is made pring on Secured Portion — 15%; 25%; 40%, 100%: 100% 27, Frauds of how mbgh af reported by 2 RRB on the "ENSURE" Portal of NABARD: Rs 1 Lakh & above 28. A and B have 2 FO\in thgir names with operational instruction being Either or Survivor. X has been appointed th of A, payment will be made to: On due date to survivor (Before due date to survivor B + Legal hifrs of A). 29, Which of the folowing schemes come under Annuity Scheme :Atal Pension Yojna 30, As per UCPDC 600, "Banks deal with documents and not with goods, services or performance towhich the ‘documents may relale. This is as per which Article of UGPDG - 4,6,6,7: Article § of UCPDC AK G INSTITUTE OF DISTANCE LEARNING 'M: 8700526959; 8595004205; kia bid gmahcom; wont bankerdralinghstiutecom (COPYRIGHT MATERIAL ANY Scanning, photography of Photocapy or datribtion (Whatsapo/Telenram/Fecebook) of ths materia i egal ‘offence under indian Copyrighte Ack aed TT Ac be i iae for Lapa Action With Sank and authores Pagel3.AKG INSTITUTE OF DISTANCE LEARNING Mi 8700526959; 8595004205; kha lti@arsicom; muv.barkersirainincinsiute,com ‘COmMEGITT MATERIAL ANY Scanning, photography or Photcopy or dstintion (Whatsapp/Telepram/Fecabook) of ths material sa lepal “ofence under Lnclan Copyeights Actand IT Ace and (sabe for Lagat Action with Bank ane martes, 31. The maximum project cost allowed under PMEGP for manufacturing sector first dose) is: AS per latest guidelines - Rs. 50 Lakh ‘ 32. What is the maximum coverage of MSME under CGTMSE? Rs. 5 Cr. 33. What is amount of collateral free loan under PMEGP? Rs. 10 lakh. 34. Bank has speciic scheme/in place for financing Autos. Taxies, E+ ricksha {LCVIMCVIHCV), Cargo Vehicies. PNB has signed MOU with : JCB India Ltd. 35, AtmaNirbharNighi (Svanidhi) scheme will incentivize digital transactions by vendo Rs. 1 cashback per Eligible Digital Transaction (ED7} til date for first 50 EDT. 36. The extent of margin money by the borrower in Stand-Up India scheme project cost However, the borrower wil continue to contribute at least of the projact cost 37. What's the extent of loan amount that can be referred to Lok Adalat? 20 38. As per NPA guidelines, whatis the amount of Provisioning for loss assg 38. What's the Maximum provisioning? 150% 40. A Bill purchased tums NPA after days of overdue/Unpaid: 90 ‘41. Witful defauiter is considered for loan amount above? Rs. 25 Laky 42. Inferest rate charged over KCC after turning into NPA is, 43. Definition of Beneficial Owner in partnership: One who is en Commercial Vehicles Centre and the States in the ratio of___(00:10 in cay 48, Maximum exposure to capital market sector? 40% of n 48. What is the Margin for 2nd method of lending? 26% of total 47. Time limit for Exporters to recelve export payments in normal ‘goods exported to a Warehouse established outside india, the prs the date of shipment of goods:.9; 15 months respectively. 48. As per Large Exposure Framework, maximus ‘0 single countehpérty is 20% and Board can be further allow upto, 5% 49, “994 is Unstructured Supplementary ._ what is the maximum of transaction permitted ‘through USSD per day: Rs.6000 : 50. Minimum length of Finacle password i i : Page 14. AKG INSTITUTE OF DISTANCE LEARNING Mi; 8700526959; 8595004205; kka.i@amall con; rom bankersamninainsite com ‘COPYRIGHT MATERLAL~ ANY Scanning, photography or Photocopy oF astzibution(Whatsapp/TelegraM/ Facebook) of the materia ls a lege! ‘fTence under inden Copyrights Act and Ac ani ible for Lage Action with Bank and authoriseAKG INSTITUTE OF DISTANCE LEARNING M: 8700526959; 8595004205; ka bti@aral.cony ww vo bonkeretrinnainstute com ‘COPYRIGHT MATERIAL ANY Seating, phatography or Photocopy or tribution CWhat=apo/Telogram Facebook) of this material 8 legal 27. 28. 28. Person appointed by the cour |. Cheque paid in advange “offence under Tndlan Copyrights Ac nd TY Acted Is Hable fer Logal Adon wlth Bank and author. IMPORTANT RECALLED QUESTIONS Paper 8 Dr. Ambedkar subsidy scheme is a central sector scheme under___: Empowerment What is the maximum amount of subsidy in Education Loan under CSIS: Rs 7 ‘Maximum exposure to Agro processing and food industry is Res: 199 banking system. and the unitaSt should der priority sector? Rs, Maximum Amount of Housing Loan in Metro centre under priority sect 5 Cr per borrower. ‘What is maximum amount of loan per borrower for drinking water, sector: Rs. 5 Crore per borrower. Minimum CRAR as per Basel is 11.50% ‘What is the Current Marginal Standing Faciity rate: 6.15% ‘Which statement is wrong under PMSBY: The promium ig ‘What is the Pro-rata premium of PMJJBY for the months" If the assesses has not filed income tax retumn for the last \What isthe time period to sette claim of PMSBY: 30 day Whats the premium under PMFBY for Rabi and Kherif Crops? 1.59% IMPS uses Mobile Money Identifier (MMID): ‘maintained for minimum Under which type of partner Partnerships, from the date on which ‘within inaximumn period of, days f meximum loan emiount Under MUBRAc Torun: Above Rs.6.00 Lakhs and up te Rs.10.00 Lakhs. ‘The maximum projgt cdgt allowed under PMEGP for manufacturing sector is Rs. Lakhs for new units and Rs. cordke fér upgradation of existing units: 60, 1 ‘What is the amount upto which, Banks needs to offer collateral-free loans under PMEGP: Rs.10 lakh. Under PMSVanidhi Scheme for street vendors, cash back facility available per Eligible Digital Transactions is Rs. on executing 50 eligibie transactions, additional Rs.___on executing the next 50 eligible transactions and another additional Rs. for executing next 100 eligible digital transactions: 60, 25, 25 AK G INSTITUTE OF DISTANCE LEARNING 13700526959; 6595004205; ig ti ganal.con wun panecstainnginsiute-con (CoPYRIGHT MATERIAL ANY Scanning, photography er Photocopy or distribution (Whatsapo/Telegram Facebook) ofthis material le 2 legal ‘offence undr inlan Copysghts ActandTT At ond able fot Legal Action with Bank and authors, Pagel,AKG INSTITUTE OF DISTANCE LEARNING ‘M: 8700526959; 8595004205; cha iam cony won bankerstraninginstitute com [COPYRIGHT MATERIAL ANY Scanning, photography or Photocopy 0° astriution (Whatsapp Telegram Facebook) of tls material's legal ‘offence under Indlan Copyrights Act and IT Ac ands Hable for Legal Action with Bank and authorities. 30. Under Standup india Scheme; margin money 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, cof the project cost as own contribution: 15%, 10%" 31. What is the minimum notice period to be given for sale of secured asset as per Section 13(4) of SARFAESI: 30 days 32. Contingent liabilities is shown in which schedule of B/S: Schedule ~ XXil 33. What is the cut-off limit fixed by the Central Vigilance Commission for reporting of && banks / Fis to RBI? Outstanding dues of Rs.25.00 Lakhs and above" 34. As per Section 19(2) of Banking Regulation Act, no banking company shy whether as pledge, mortgagee or absolute owner, of an amount excees capital of that company 35, What will be the DSCR of , De ‘Term Loan is Rs.0.80 Lakhs and installment of TL is Rs. 1.50 Lakhs 36. Forensic audit is conducted to find out irregularities in case of red flagd above Rs. ‘crore: 50* 37. The period of realization and repatriation of export proceeds sh all exporters and, months for goods exported to a war 38. Cash cards, prepaid cards, debit cards are a type of, nderer:TT Buying 39, fion 1-3 years is alternative reference rate for the respective currency plus basi 40, What is the maximum loan amount for which the interest subs} is provided by Central Government under Pradhan Mantri UchcRatar Central sector interest subsidy (PM-USP OSIS)?: Rs. 10 lakh 41. What is the maximum exposure under Agro amc-Toog processing segments allowed to be classified as Priority Sector Lending; Rs.100.00 Lakh What is ¥ can be classified under Priority Sector le 42. For classification under Priority Sector Pending; imjyof bank Yegns to social infrastructure sector is up toa limit of ___erore per borrower for setting $p . watgr facities and sanitation facities and loan's up toalimitof ___crore per borrower fj ilies in Tier to Tier VI centres: 5; 10, 43, What are the components of Safety, Survellance of WHO im period for education loans Protsahan Yojana? (PM-USP), 44, What is the annual premium fpr ed e 5 20/-- 45. What is the pro-rata premium offder PMJJBY where the period of enrolment is during the month of March, April 46, Where the customer, eficial owner is the natural person(s), who, whether acting than, per cent of tagital ot prifts of Te parinership 15, 47. In case of accounts opened for fokeign students, pending the verification of address, the account shall be ‘operated with a condition ofallowiny foreign remittances not exceeding USD____or equivalent into the account anja caprotRs.__c in the same, during the 30- day period.: 7000, 50000 48, foreign refhittanges not ‘of equivalent into the account and a cap of Rs.__on aggregate inthe same\dur pd. 1000, 50000 49. Under PML 50. Aggregate Capital maryét exposure restricted to__% (Both indirect and direct) of net worth of the bank as year both on Solo and Consolidated basis. Within the overall limit, direct exposure by tures / bonds not to exceed % of net worth: 40,20 AK G INSTITUTE OF DISTANCE LEARNING 'M: 8700526959; 8595004205; Kia t/Ogmal.cony yw bankertrabinginti.ae-com COPYRIGHT MATERIAL ~ ANY Seanning, photography oF Photocopy or estrbution (Whatsapp/Telegram Facebook) ofthis materials lege! ‘offence under Indian Copyrights Act and IY Act ond Is lable for Legal Action with Bank and authorities Pagel 6AKG INSTITUTE OF DISTANCE LEARNING 1M: 3700526959; 8595004205; Ha bial con (COPrRIGITT MATERIAL ~ AMY Scanning, photography or Phokocopy oF sr bution (Whatsapp /Teleoram Facebook) ofthis materia i tegn "offence under Indian Copyrights Act and TT hk and is able fr Legal Acton With eank and acthores. IMPORTANT RECALLED QUESTIONS Paper 9 4. As per Atal Pension Yoina, pension will be payable to beneficiary after attainment. 2. Which is not a material alteration: Crossing an uncrossed cheque 3. Change in name, date and amount of cheque is called: Material alteration. 4. Which of the following options are true about NEFT: There are 48 half hou 5. What is Gresham's Law: "bad money drives out good money 6 InPMSBY, reimbursement of administrative expenses per member to 7. What is the target for weaker sections within Prority sector for RRB: higher 8 Which of the following is an example of Farm Mechanisation i rearing of buffalo, Loan for Tractor. Loan for Tractor 9. Charge on Shares is created by: Lion or Pledge 10. A loan for short duration crop will become NPA If itis overd 11. If material alteration on a cheque is not visible and ct section of NI Act: US 89 ‘Swapping and Social Neds 16. Under Large Exposure framework, maximups and the board of directors can further allo 16. For creation and modification of charges days of normal filing period and 30 dé Section 87 as per second proviso to based on the amount of charge b within days: 120" 17. Status holders, 100% EOU, EATA within a period of months DC export, Eprunits naving Warehouses abroad the time. period is months: 9, 15. fe which bank cahake to single counterparty is gover and above the stipulated limit: 20%, 59% he time period has been reduced to 60 days ie., 30 Ke provision of seeking extension of fime under ified, whereby a prohibitive ad valorem fees jodification, of charge beyond 60 days but fon of R-Retums for reporting under the Foreign Exchange 88 card payments from Rs.2,000 to Rs. Effective from 1st the user. 5,000/ fe machine bears the logo of the sponsor bank. The Automated Teller ease of the ATM machine is owned by the service provider. but the cash king networks is supplied by a sponsor bank, whose brand is used on the tioninit under Priority sector: Incremental export credit over corresponding date of the preceding year, UR to 3% of ANBC or CEOBE whichever is higher, subject to a sanctioned limit of up to Rs.40 rote per borrower! 24, The capital funds fo capital shall be limite with CRAR norms.: 100 26. General provision for Standard Assets. excess provision on sale of NPAs etc. could be considered for inclusion Tier W capital up to, of total weighted risk assets: 1.28% pital adequacy purposes shall consist of Tier I and Tier Il capital. The total of Tier Il to a maximum of, er cent of totai Tier | capital for the purpose of compliance AKG INSTITUTE OF DISTANCE LEARNING Mz 8700526959; 8595004205; «ka ti@amalLcon me backestanonste, cons (COPYRIGHT MATERIAL ~ ARTY Scanning, photography or Photocopy oF dition (Whatsapp/Taegram/ Facebook) ofthis material tle otfoace under Fadion Copyrghis ht and TY Ack ond i abe for Lage Action wit Bank and authorities Pagel 7AKG INSTITUTE OF DISTANCE LEARNING 3700526959; 8595004205; ik bii@amell coms M: yt bankrstrainioginstiute. om (COPYRIGHT MATERIAL ANY Scanning, photography or Photocopy or ditibution (Whatsapp/ Telegram Facebook) of this material 2 legal 26. 27. 28 28. 30. 31 32 33, 34, 36. 36. 37 38 39, 40, a 42, 43 44, 45. 46, 47. 48 49, ‘under tnalan Copyrights Act and TF Act ns nla fr Lag Acton with Bank and authorities. AAs per provisions of Sarfaesi Act, after taking possession of security, how many days notice is to be given to the borrower before making sale of the same: 30 days. What is the Lien period in case of PMJUBY: 30 days What is contained in Schedule IV of the Balance Sheet: Borrowings Current Asset : 500; Current Liability: 300; What is Current ratio: 5:3 How many digit in IFSC: 11 Incase of NRLM, how much finance is given in 2nd Dose: 8 times the Corpus What is the minimum amount that can be remitted under RTGS: Rs 2 Lakh What is not the main component of KYC policy of Bank: Family history of ci Which of the following is not asset in the Balance Sheet of a bank ~ Bep Ral Deposits Current ratio indicates ability of a firm to pay current liabilities or Lig rate of TDS will be: 20% Which of the following is not main purpose of KYC: controlling NP For opening current account of a Limited Company Incorporation ( Other documents are Memorandum o Resolution) Stock = 400; Debtors: 500; Creditors: 300; What is Net Total Liability: 1000; Goodwill 200; What is Tangible ass Borrowings by bank are reported in which schedule of the Bala} Minimum amount of claim with DRT: Rs 20 Lakh Time span for appeal after receiving copy of Award from RBI Ombuds In case of Central Scheme for Interest Subys 'SIS) how much Interest subsidy is payable for education in India: 100% of interest charged during prératoriugh pesigd (provided annual income of parents is up to Rs 4.5 Lakh p.a. What is the maximum project cost in by Agri Business Centre or Agti Clinic: Rs 20 | person). Project cost per Group is Rs 100 Lakh. In which of the following accougfs, > 1d — Loan account of partnership firm; Deposit account of Registered Societ ua}? Deposit account of Individual. When in a deposit account, ‘books of bank, what is written on the pass book ~ Nomination Done, Nominatior| Redeived, Nomi fade, Nomination Registered: Nomination Registered. TReDS stands for: Trade Recbivs What is the maximury Bjent and Machinery of a unit so that it can be classified as AK G INSTITUTE OF DISTANCE LEARNING 1M: 8700526959; 8595004205; ik tns@omal.comy ‘ bankersiraningnsttute com ‘COPYRIGHT MATERIAL ANY Scanning, photography er Photocopy or aitibution (Whatsapp Telegram Facebook) ofthis material i legal ‘offence under indian Copyrights Ac and TT At ond isllable for Lgal Action with Bank and authorities Page 18AKG INSTITUTE OF DISTANCE LEARNING Mm: 8700526959; 8595004205; cg. btigmal coms wav bankeraraininsinsttas.com ‘coPyRIGHT MATERIAL ~ ANY Seanaing, photography oF Photocopy or darisBon (Whatsapp Telegram /Facebook) of thie materi 3 legal PON pas 11. 12 8. 14, 6. 16. 7. 18, 19. 20. 21 22, 23, ‘offence under indian Copyrights Acond FT Act ne Is abe for Lage Action with Bak nd IMPORTANT RECALLED QUESTIONS Paper 10 ‘What is the interest rate provided by RBI to banks on the deposit maintained wit Reserve Ratio (CRR}: Nit. No interest is paid by RBI. What isthe full form of CIBIL: Credit Information Bureau of india Limited. In case of unauthorised electronic transactions, where the responsibil banking transactions lies neither with the bank nor with the customer, b the customer notes such transactions between 4th and 7th day aft bank, the per transaction liabilty of the customer in case of Bi ‘Transaction value or Rs 500 whichever is lower. What is Break even point: Level of Sales at which a firm does not. What isthe full form of Tin Swot: Threat ‘What is the maximum project cost under PMEGP for man 25 Lakh and Rs 10 Lakh respectively. Bi for maintaining Cash ‘Whether a person can become member of a Self Help Group (JLG} Yes. Full form of ISHS: Information security system How much exposure can be taken by sjagle Non Banking finance company (NBFC) excluding Capital) as per its last audited bal H counterfeit notes up to posit in the bank branch, bank is not required to lodge FIR with police. ni ted report and send such notes to police at the tend of the month?:4 (IF 5 or, ( then FIR is lodged) ‘What is the minimum and fon Yojna for joining the Scheme?:Minimum age ~ Working Capital ‘2. What is Current Ratio: 9:1 (Current assets 36; current liability 42) Proft befo BrQepreciation Rs 30; Interest on Term Loan Rs 20; Annual instalment of iermioa . Coverage ratio: 4.7 ( Net Profit after Tax + Depreciation + Interest ont ei oan + Intorest on Term Loan}33 The risk jure of systems, process or people or due to extemal events is called: Operation Equitabio fated By which of the following methods ~ (a) By deposit of ttle deods with creditor, 1b) By signings Bong/{e) By exacutng 2 morgage deed: c) By depost of a mortgage deed: BY deposit of title deods dior to create security for a debt What is the pera Guarantor. Holder in due courses defined in which section and Act? Section 9 of NI Act. if cheque with material alteration is paid as alteration wes not visible at the ime of payment, bank shall get protection under: Section 89 of tite NI Act [A cheque is presented for payment and paid. Later on itis found that while signature of the drawer on cheque are as per records, the endorsement of the payee on back of the cheque is forged. What is lability of paying AK G INSTITUTE OF DISTANCE LEARNING 100526959; 8595004205; ka dara came cof Nmitation in case of sult against Guarantor: 3 years from date of demand from the vag bankertrainginstiute com ‘COPYRIGHT MATERIAL ~ AMT Seanning, photography or Phokncony or distutan (Whatsepp/ Telegram Facebeck) of tis matali 8 legal tfenca under indian Copyigts Act and IT Ac apd le Iable fr Logal Acuon wien Bankcard authors Pagel 9AK G INSTITUTE OF DISTANCE LEARNING 'M: 8700526959; 8595004205; tha ii@amalicony vn. ba nkersrainininstiute.com (COPYRIGHT MATERIAL - ANY Scanning, photography or Photocopy or distribution (Whatsapp/Telegram Facebook) of tis materia is legal 26. 26 27. 29, 36. 37. 38. 39, 47 48, 49, 60. (COPYRIGHT MATERIAL ~ ANY Scanning, photography or Photocopy or ‘offence undo Tndlan Copyrights Act and IT Act and Is lable for Lagal Action with Bank and authorities. bank?.No liability as paying bank should verify regularity of endorsement and not concerned with forgery in endorsement. A cheque is presented for payment in which the amount in words and figures is different. Bank should pay which amount as per Section 18 of the N | Act?:Amount written in words will be paid As per section 20 of N I Act, inchoate instrument means: Incomplete instrument i. amount is missing. What is the Special crossing? Name of a bank on face of a cheque A cheque signed by agent is presented after his death when the principal is do?:Cheque can be paid if otherwise in order Right of set off ‘Right of bank to adjust a due loan account by debj ‘borrower (combining two accounts ~ one in debit and other in credit) In case of DRI scheme, what is the maximum loan that can be grant Joan to physically challenged for purchase of artificial imbs: Rs 15004 What is the Maximum amount of loan for coverage under Priority Sect cities with population of 10 lac or above: Rs.36 lac (Rs 25 Lakh jo UGPDC issued by: International chambers of commerce A'Small Account’ means a savings account in which: a. t! credits in a financial year does not exceed rupees, b. the aggregate of all withg a month does not exceed rupees___; and c. the balance at any point of time Rs one lakh; Rs ten thousand; Rs fifty thousand. What is the maximum penalty for Non acceptance of ove fteg! (ie. denomination of Rs 50 ‘and below) by banks tendered by members of public: violation of agreement or deficiency of service. Rs § lakh in case there are instances of violation of agreementideficiency in service by the branch. ‘Who can make nomination in deposit opgned with bank?-Indlw(dual, Joint account of individuals and Sole Proprietorship firm. What is the limitation period for a Demfd promisop/ Note: 3 years from date of DPN. EOBE whichever is higher How many members can be there in b Seff Help Groys 20 ( Difficult areas ~ 5 to 20) priginal investment in Plant and Machinery is up nt in equipment is. upto. Rs 10 date or payee or (b) of BR Act. uch amount can be issued only be debiting the account or against cheque: Rs 50,000 A person wants to\gpef a joint account with his wife in such a way that the account can be operated by him ‘only during his lifetinYé and she should be able to operate the account only after hs death. The account has to be opened with the instructions: ‘Former or survivor’ In case of Doubtful assets, 100% provision is to be made both on secured and unsecured portion if account is doubtful for: more than 3 years AKG INSTITUTE OF DISTANCE LEARNING M: 8700526959; 8595004205; iia bii@amilcom traninginstute.com offence under Indian Copyrights Act and TT Act nd page2OPen 11. Loans under PMIMY (MUDRA) scheme are guaranteed by: CGI 12, What is ATM Skimming: ATM skimming is a theft of card infor 14. An accountisclassited an SMA 1 i 15. For enforcing rights under Says AKG INSTITUTE OF DISTANCE LEARNING comme mare A Sona Poteet anager Poca) of mae a ech nas Sore hd kind ene her Bnd ato IMPORTANT RECALLED QUESTIONS Paper 11 Banks are required to report to CIBIL or other credit information company Wipf Rs 25.00 Lacs and above \Whatis the minimum outstanding balance for enforcing rights under Sa a When net working capital vill be negative? When current asset less, Catculation of drawing power - stock 8 lac margin 25 % , oc limit 6 fs 5 Lac (Though notional DP is Rs 6 Lac after deduciing Rs 2 lakh as margf sore than sanctioned limit Current ratio indicates: Liquidity of a firm( Ability of a firm to payea While granting advance against Life Insurance Policy, a Surrender Value of Policy. In case of neft which code is used ?: IFSC Code 8. Charge by way of hypothecation is not applicable in cage ot 9. In case of Education loans for education in India, hd idyjis given by Govt: 100% of interest charged during moratorium period if annual i to Rs 4. Lakh pa. 10. Undertaking by a person to discharge liability ofa thitd party att j¥ called: Guarantee fe @ small device, known as a skimmer, is used to steal the information legitimate ATM trat 13. What is Juice Jacking: Juice jacking ia 3k involving a charging port that doubles as a data connection, typically over USB. installing malware or surreptitiously copying sensitive data from 2 smart phone, t ce. the copy of Award: 30 days} Main diference be ip’not Material Alteration? (a) Alteration of the date of the instrument. (b) Alteration of anging Order to Bearer (4) Alteration of the name of the payee; (e) Changing Bearer 10 Order Chequ’s Changing Bearer to Order Cheque 25. A General crosstig oh,a cheque can be cancelled by (or material alteration can be confirmed by) ~ (2) gf Payee; (d) Holder; (e) Bank: Drawer 26, A cheque was issue¥on 14 January 2021. The date on the cheque was mentioned as 31% January 2021. The cheque was presented for payment on 14 January 2021, What should the bank do?:Bank should not pay ‘as the cheque is post dated cheque and payment of such cheque not treated as payment in due course AK G INSTITUTE OF DISTANCE LEARNING urea At Sarin, tara ox Paya sea apy Faun aoe) fi matali» ga ovr raya cy sada “onrma ence under Idi Copyrights ct end Ac on iriab for Lapel Acton si Bank snd thoes Page2 1.AKG INSTITUTE OF DISTANCE LEARNING ¥M: 8700526959; 8595004205; tka btiiomal, com; vow, bankertraininginstiute.com ‘COPYRIGHT MATERIAL ~ ANY Scanning photography or Photocopy o lstrbution (Whatsapp/ Telegram Facebook) of this material's legal jauthorives. ‘offence under Indian Copyrights Act and TT Act and Is lable for Lagat Acton with Bank and 27. Who can cross an open cheque?:Before delivery drawer can cross, after delivery holder can cross a cheque 28. Neft is which type of payment transaction - credit pull, credit push , debit push , debit pull: Credit Push (NEFT is a credit-push system i.e, transactions can be originated by the payer / remitter/sender only to pay/ transfer / remit funds to a beneficiary) 29. What is the transaction code of Demand Draft in MICR Code: 16 30. Converting physical cheque into electronic image is called: Cheque Truncation 31. What is the stake of Central Govt., Sponsoring Bank and State Govt. in RRB 32. Provision on secured portion of a doubtful debt is made at 100% if account igo 33. The NEFT system facilitates ‘cross-border transfer of funds fro ‘One way 34, Net working capital means: excess of current assets over current I 36. What is the effect of not negotiable crossing on a cheque: CI transferee will not be better than title of transferor. 36. When banks takes possession of securties by exercising po. borrower can fle application with DRT?.Within 45 days of ta ‘depositing any amount with DRT. 37. Relation between Bank and customer in case of co/od acpéur 38. Limit for filing claims in Lok Adalat: Upto Rs.20 lai 39. In the case of Pari passu charge under Consortium fmanciny distributed among them in the ratio of: according to the Outstanding 40. Interest on CRR balance with RBI: Nil 41. Provisions relating to CRR are as per which Act: See42(1) ol answer. Better option is 42(1) 42, When a farmer undertakes agriculture as does Dairy business6n the farm, it will be what type of farming: Mixed Farming 43. What is the maximum project cost in c «(Agri Business Centre: Rs 20 lakh per individual( in case of Group. 44. if driginal investment in Plant and Machinery is up In equipment is upto. Rs 1 Crore 45. As per section 107 & 108 of Fsog/can be presumed to have died if he/she is missing for 7 years. 46, Sounts, what will be the status of nominee: Trustee of Legal Heirs. 47. What is the rate of pf theaccount is in D3 category: 100% of outstanding (Account doubtful for more’ 48. NPA rules are not app joan agaist’ NSC/KVP/Bank’s own deposit/LIP. (if loan guaranteed by Central Govt then Asset tion and provisioning norms are not applicable till Govt refuses to make payment 49. What is Yard Asset except direct advance to agriculture or micro and small enterpris ti6using Loan at teaser rate and Commercial Real Estate: 0.4% of the coutstandhag. 50. How provishen 3 ss6i% is reported in the Balance Sheet of a bank?:As part of Other Liabilities and provi Yiability side of Balance Sheot. AK G INSTITUTE OF DISTANCE LEARNING ¥M: 8700526959; 8595004205; kia btiamall. com; vow bankertraiinaistiuscom ‘COPYRIGHT MATERIAL ~ ANY Scanning photography or Photocopy or strbution (Watsapo/ Telegram Facebook) ofthis materials 2 legal ‘offence under Inclan Copyrights ht and FT Acton is lable for Legal Action with Bank and authorities Page22AKG INSTITUTE OF DISTANCE LEARNING : 8700526950, 8595008205; ea hidaral oxy yor hakastaipanstne ‘Cormac Harenan.—ARY Snming phetgrapiy or Prancpy dein | oF tla ate tag Bopyrigte Act and FY Ack ond sable for Lagat Action Wht Hank and auchordes. IMPORTANT RECALLED QUESTIONS Paper 12 1. For taking over possession of securities charged to the bank under SARFAES! A notice to borrower and guarantor: 60 days. 2. What's the rate of provision on individual housing loan of Rs 50 Lakh when, 0.25% of outstanding balance. 3, AS per Section 180 of the Companies Act 2013, consent of the compg when: Directors want to borrow money, where the money to b already borrowed by the company will exceed aggregate af reserves, apart from temporary loans obtained from the comp: business. 4. Why lending bank insists partnership firms for registration: their due amount. tn case of rust account fa trustee who had signed the o ‘what will the bank do if cheque is presented for paym fan individual dies without writing Wil, he is called: Dig In case of accounts of Low risk customers, Periodic upd ‘at what interval?: At least once in every ten years. PMEGP up to Rs. 5 lakhs to be disposed within.. Capital subsidy under SwachhtaUldyamai Yojana (SUY) scheme of Lacs Unit Cost: 50%, Unit cost of 5-10 cost betwoen 10-18 Lacs — Rs. 3.25, 10, Finance and Development Corporatior 11. NRLM funding patter central: state #5 12. NRLM Coverage of vulnerable sectio} 13, Capital market exposure aggregate ‘SafaiKaramacharis — Upto Rs. 5 init cost between 5-10 Lacs, Unit ef beneficiary ZERO MS } to minorites.......% for disabled : 50: 4 ‘capital markets in all forms (both fund based fs on March 31 of the previous year :40 % margin of ..% shall be maintained :25 % year horizon 4 year 14. 15. 16. ATMunder 4 17. Name of the ATM dk fn compact modular components and engineered for installation :TTW (THROUGH THE 18. Models of owners! RED LABEL ATM 19. KYCIDEP Given below’ 26, Which one is an e» Non institutional 28. After what lime account become inoperative: If no operation for 2 years 27. After what time balance in the account is transferred to DEAF: if no operation in the account for last 10 years, 28. What is the maximum amount of loan under Tarun Scheme of MUDRA: 10 Lakh AKG INSTITUTE OF DISTANCE LEARNING 1700526959; 9595004205; ks bicomal coms wns barkensrainnainstinte.com ‘COPYRIGHT MATERIAL ANY Scanning, photograph or Photneogi or dlsributon (whatsapo/Telegram/Facebook) of this materia Is 2 egal offence under Inan Copyrights Ac and TY Act andi able for Loge Action with Bank and authorides Page23AKG INSTITUTE OF DISTANCE LEARNING 1M: 8700526959; 8595004205; kegs. amal. com; wr bankestraiingrstt, con (COPURIGHT MATERIAL ~ ANY Scanning, photography or Phoscopy o¥ clsoution(Whetsapp Telegram Facebook) cf this atari i» logel 28. 30. 3t 32, 33, 34. 36. 36. a7. 38. 38, 40. at 42. 43, 44, 45. 46. 47. 48, 49. 50. ‘tence under lndlan Copyright Act and Act and is tnbie fr Uagal Acton with Bank and acenorees- ‘What is the maximum amount of Housing Loan to SC/ST under DRI scheme: Rs 20000 ‘What is the maximum amount of loan in PM SVANIDHI and repayment period: Rs 0000 and 12 months. Affer how many days a overdue bill become NPA: If it is overdue for more than 90 days. ‘What isthe interest paid by RBI on CRR balances kept with RBI: Nil. Rate of interest on saving bank deposit decided by: Bank itsotf ‘What is the Liabiity of partner in a Partnership: Joint and Sevoral Pro rata premium of PMLIJBY if policy taken between April to May: Rs 114 What is Bank customer relationship in case of deposit in bank: Debtor and Ci Which type of charge is called hypothecation: Floating or Equitable. Which type of charge is created on Immovable Property: MORTGAGE. Which type of charge can be applied on LIC bond: Assignment. Which of the following is true about Gamishee order: It applies on Days gue eruing Dues is presented for payment issued after cancellation of POA: The cheqi in Small accounts, whatis the maximum amount of withdrawal ‘What's the minimum amount for which claim can be lodged Right to en: Right of creditor to retain possession till dg Duty to maintain secrecy is as per: Implied contract in case of guarantee crevit risk when arises ;Guarent Under Liberalised Remittance Scheme, how much am individual?-USD 260000 in a financial year. RBI uses Repo and Reverse Repo for what purpose?:For regulatintyiquj How many characters are there in IFSC. irst four Bank Cotte, 5° is zero, last 6 branch code). A K G INSTITUTE OF DISTANCE LEARNING 5 akg bamal.comy wor hankersteinivinsiuee can ‘COPYRIGHT KATERIAL ~ ANY Scanning, photogreshy er Photocopy or dation (Whipp Tlegrm Facebook) of thls matralka opal oftence under Inan Copyeghts Ac and IT Act ond ls table for Legal Aion Wich Bank ae authors Page24.18, 19, 20. 24 22. 23, 24. 28. 28. 27. 28 A KG INSTITUTE OF DISTANCE LEARNING IMPORTANT RECALLED QUESTIONS Paper 13 Income Criteria in PMEGP :No ceiling Interest Rate at which RBI rediscounts bills of commercial banks is called: Bap ‘What is the validty period of Pay order. 3 months from date of issue. ‘What is the rate of TDS on interest on FD, if interest payable in a finay PAN no is not submitted: 20% ‘What is the rale of Interest subvention on loans up to Rs 3 lac in cas z ‘What is the lability of an introducer in a deposit account: To confirm gunt holder at the time of opening the account. ‘Which rata/s is not decided by RBI: Base Rate, Prime Lendl Difference between Deferred Payment Guarantee and, of funds; (¢) Outlay of funds: Outlay of funds For creation of equitable mortgage by deposit of title de State Govt, Clean bill of exchange is: which is not accompanied by docut For how much amount stock against se ich loan has been ‘stock to avoid average clause. Ger required for availing full limits ( Borrowing powers of Directors, 1. Association. restricted upto the unpaid they have undertaken toby Set off is de fs implied contract What is the income criteria under PM AwasYojna?:Rs 18 lac p.a. ‘As per Tumover method of{fending. for working capital requirement, operating cycle is assumed to be: 3 ‘As per NABARD is the plaximum project cost for Agi cinic and Agi Business Centre Project (ACABC): Cel ividual project (25 lakhs in case of extremely suc dual projects) and to Re.100 lakhs for a group project. In (MPS 19 of p2a: Phone to account What isi y is available to buy few things, it results in inflation ( price rise) What is Ge i# a deliberate downward adjustment of the value of a country’s currency! ncy, group of currencies or standard. Whet is Grighal ies, Gresham's law is a monetary principle stating that "bad money Which of the Tpllowing/is incorrect regarding amount of loan under DRI Scheme — (a) Maximum lean for productive activi caf be Rs 15,000; (b) Maximum loan to SC/ST for construction of house can be Rs 20,000; (c) Maximum loatkto plysically handicapped for purchase of artificial limbs can be Rs 000: All are corract. So the answer is Mond of these Number of members¥h the Self Help Group under NRLM: Normally 10 to 20 but in difficult area and group of disabled persons, number of members can bo to 20 In case of educational loan in India as per IBA scheme, Government provides interest subvention if annual Income of parents is up to Rs 450,000 per annum. This subvention is available for how much period: Moratorium period AK G INSTITUTE OF DISTANCE LEARNING M: 8700526959; 8595004205; kg buona coms yoru barkerssaiingintide.can (COPYRIGHT MATERIAL ~ ARTY Seantin, 1 9 Photocopy or dribtion (Whatsapp/Telagram/PacebooK) ofthis materi i legal under Inn 'Act and Ad and ls Mable far Legal Action with Bank and authors, Poge25AKG INSTITUTE OF DISTANCE LEARNING jm bankerstraninginstute.com corrnacir narenua a Scanning progr or Petocy a roc (whetspp/Tegram/tacobook) fhe mata egal 29, 30. a 2 33 3. 35, 36 37 38, 30, 40, ‘tence under Indian Copyrights Ac and FT Act andi abe for Legal Acion with Bonk and authorities. A unit will be classified as micro manufacturing enterprise if investment in plant and machinery is up to ‘and_a unit wil be classified as micro service enterprise if investment in equipment is up rs Rs 1 crore in both cases if annual turnover is up to Rs § crore. If directors of a company take some action beyond objects of the company, how far the company willbe liable for such actions?:Company is not liable as such actions are ultra vires the company. Which of the following is not included in Current Asset ~ Stock, Debtors, Accrued expagse, Prepaid expense: ‘Accrued expense as itis current liability. ‘What is the rate of subsidy in PMEGP if loan is made to a SC/ST women in 40 cost. What will be the impact of reduction in SLR or CRR?:Liquidlty will ip available to banks for lending. A DD was lost and duplicate was issued after necessary formaities, presented to bank for payment. What should the bank do?:Make p with the reason “ Duplicate issued and paid”. In case of doubtful accounts, what is the rate of provision on ses doubtful for more than 3 years: 100% of the secured portior A cash credit or overdraft account becomes out of order: ‘or drawing power continuously for 90 days or no ci recover the interest within 90 days. ABC Ltd has Profit before tax 75, income tax 30; interef Capital loan 8; term Joan instalment 25, what will be the D: Lakh If any advance, including bills purchased and discounted, becom®s,NPA interest earlier credited to income account, ind credited to income account in the past periods, should be reversed got realised. This will apply to Central Government guaranteed accounts also. In case of Dairy Entrepreneurship Je! iat is the indicative unit cost and pattern of assistance for Vemi compost with mifeh cos} is Rs 25,200 and subsidy will be 25% of the 6300 (Rs 8400 for SCIST) or Within how much time KYC, Id be dane again-on ts of low risk customers: once in 10 years. period of months if the hbider of such a-actount provides evidence of having applied for any of the officially vaid documents ve months of the opening of the said account: 12 months; 12 months If there is delay in Credit Guarantee Fund Trust, for coverage under Credit, Guarantee Schem il enterpges , the penalty will be payable by bank at: Bank Rate plus w In case of Credit Guarantee Schetke for Micro and small enterprises, what is the maximum cover for loans up to Rs 50 lakh if borrower is i9 urban area: 80% of the amount in default with a maximum of RS. 40 lakh. In case & Cregit Guara F Micro and small enterprises, what is the maximum cover for loans up toRs 5 lah ea: 85% of the amount in default with a maximum of Rs 425,000. Which of t gfrectly matched regarding Banker customer relationship - Safe deposit Locker - Baltor (‘The relationship should have been Lessor & Lessee) és governed by which Act Indian Contract Act. p between bank and customer in case of Standing Instruction - Agent &Principal. Fraud by sending all claiming to be from a Bank regarding updating sensitive account information like PIN, password, actgupt number, itis called: phishing What is the liablity 6 a partner in Partnership firm: Joint and Several. Every partner is liable both as partner as well as in his individual capacity. Therefore, unlimited liability. What is the rel AK G INSTITUTE OF DISTANCE LEARNING 1M: 8700526959; 8595004205; iia biGamal coms wns pankersrainainstute.com ‘COPYRIGHT MATERZAL~ ANY Scanning, photography or Photocopy or dst (Whatsapp/Telegram/Facebook) ofthis materia i legal under Taclan Copyrights Act and TT Act and ble for Lagel Acton with Bank and authorities Page26