Professional Documents
Culture Documents
3. Accounts exists in Bucket2 pre-existing individual accounts for FATCA are identified based on which
review or search?
4. . What types of accounts are in Bucket 4 pre-existing individual accounts for FATCA?
(a) All the accounts in Bucket 9 of pre-existing FATCA are subject to Enhanced Review Process(
(b) If No US Indicia found in Bucket 9 accounts no further action is needed to be taken by the bra
(c) If US Indicia is found in Bucket 9 accounts then those accounts would be shifted in Bucket 10
(d) Bucket11 is created out of Bucket 10 which have Hold mail or in care of mail addresses,
6. What action required to be taken by the branch when an account is falling in Bucket 10?
7. What types of accounts will be contained in Bucket 2 of pre-existing individual accounts of FATCA?
(c) All accounts of Bucket 1 individual preexisting accounts where balances does not exceeds $5
as on 30th June 2014,
8. If no Indicia found in Bucket 4 accounts what action should be taken by the branch if accounts are
preexisting under FATCA?
9. Which type of accounts will be part of Bucket 5 of pre-existing individual account FATCA?
(b) Accounts having balances above$50000.00 up to $1.00 Mio with US Indicia as on 30/06/201
10 . Branch correspondence with customer should start with which bucket accounts?
12 . For FATCA how many type of classification of account would be recognized for monitoring purposes
basis of cutoff dates?
(b) Three types preexisting accounts, new accounts & on-boarding accounts,
13 . What is due date for completion of due diligence of the accounts between 01.07.2014 to 31.12.2014
balance exceeded $50,000.00 as on 31.12.2014?
(b) 31.08.2016
15 . What is account balance in high value pre-existing accounts for FATCA and in which bucket they are
(b) Balances above $1.00 Mio are high value placed in bucket 9 for pre-existing FATCA,
16 . How many types of US Indicia and CRS indicia are identified for reporting under FATCA and CRS?
(b) 13 US Indicia for FATCA and 10 Other Indicia for CRS,
17 . What is cutoff date for classifying an account as pre-existing accounts as per FATCA?
(a) Process of taking documents/certificate from FATCA account holder to effect that the accoun
is not tax resident of US countries,
19 . What action is expected by the branch for Bucket 5 accounts in case of preexisting account for FAT
(a) To intimate account holder about the US reportability of his/her account and if they wish they
prove their non-US tax residency by providing documentary proof to prove their non US tax residenc
20 . What is due date for completion of due diligence of the accounts between 01.01.2015 to 31.08.2015
balance exceeded $50,000.00 as on 31.12.2015?
(b) 31.08.2016
21 . What actions need to be done by the branch when branch has got documents in Bucket 5 accounts
satisfying the non US tax residency?
(b) Properly mark in the system details of the documents received and make it US non-reportabl
(b) Both high value and low value accounts with non curable US Indicia are reportable,
(b) All the individual including joints accounts of Bucket 1 where balances exceeds $50, 000/- as
30th June 2014,
24 . What is cured account & non cured accounts in FATCA?
25 . What is due date for completion of due diligence of the accounts between 01.09.2015 to 31.10.2015
balance exceeded $50,000.00 as on 31.12.2015?
(a) 31.03.2016
27 . What action need to be taken by the branch when the branch has received the documents for Bucke
preexisting individual accounts but which are not satisfying to the RM or BM of US tax residency?
(b) Suitable information to be recorded in the system & make it reportable which is reclassified in
8
28 . Which bucket accounts are subject to remediation under FATCA of pre-existing individual account?
(a) Due diligence for accounts opened between 01.07.2014 till 31.08.2015
(c) All type of individual account SB, CA, Credit balances in DL/TL/Overdraft account, TDR, STD
accounts exists in banks book as on or before a cut-off date,
L0636
1. An accepted KRA can also be changed by _.
3. There are 200 employees in a cohort. Quintile curve of this cohort says that top 30% will get AAA, 2
get AA, 20% will get A, 15% will get B and 10% will get C. Assuming that no two employees have sim
scores, from which employee number grade A will start?.
5. Gradation workshop is to be run by the Cohort Chairs for Non Measurable roles for the distribution o
grades
(a) TRUE
8. When an employee is on leave for more than 6 months, he/she will get a grade as ___..
12 . Final grade is distributed after adding both the scores, i.e. Performance Assessment score and
Competency Assessment score.
(b) FALSE
16 . A Regional Manager (RM) wants to finalise KRAs of one of his reportee. He has already allotted 10
with a total weightage of 60%. How many KRA/KRAs and weightage can he allot more?
(b) No more KRAs can be allotted, only weightage is to be adjusted upto 70%
(a) Monthly
18 . KRA stands for Key Responsibility Area in the old performance review system. What does it means
new system, i.e. CDS?
20 . An officer has been allocated 6 objective KRAs in which weightage distribution in different paramete
under; 15% - Increase in Deposit business, 20% - Increase in Advances business, 15% - Reduction
complaints, 10% - Reduction in gross value of NPA, 5% - E-learning and 5% - Improve/Maintain Aud
Score. Role of this officer is a __.
(a) Measurable
(b) Non-Measurable
(d) Budgetary
22 . If during a financial year, an employee got transferred to different assignments, then he or she will b
to a cohort as of _..
(a) Where KRAs with budgetary targets account for 40% or more weightage
(b) Measurable
(c) Non-Measurable
(d) None
25 . Which of the following is not a type of Quintile Curve?
(d) 50%
29 . ___.. are the types of grades out of which each employee will have one at the end of the year.
30 . One of the KRAs of a Branch Manager carries 20% weightage. He has achieved the allotted budget
that KRA. How many marks will he score against this KRA?
(a) 20
L0681
. Details of the Lockers are entered in the annexure
(c) Lockers
2 . Details of the Recalled Assets of the branch are entered in the annexure
(a) 30.
5 . Details of the suits filed/Recovery Cases/Execution cases are entered in the
annexure
(b) OARPS
7 . What should be entered in Inspection Format, Branch Format and User ID
(c) 10
10
The sub sub parameters under Post sanction process are
.
(d) 7
14
The sub sub parameters under Alternate Channels are
.
(a) 1.
17
Where the deviations are in the range of 11-20%, the deviation applicable is
.
(c) Some
18 Details of the earlier audit reports and dates of dealt with are entered in the
. annexure
(b) Few
25
The sub sub parameters under Problem Loan Management are
.
(b) Miscellaneous.
27
Details of the Currency chest are entered in the annexure
.
(d) Deposits.
29
Details of the branch Advances are entered in the annexure
.
(d) Advances.
30
. Online Self Audit was deployed in production on
(a) 23.07.2013.
L0702
. During Inspections, RBI Inspectors comment on mutilated notes adjudicated during the last
2. While conducting inspection of Branches conducting pension business, RBI Inspectors check
7. Reserve Bank of India conducts inspection of Banks under ___________ of Banking Regulation Act
verify whether the conditions subject to which the bank has been issued license continue to be fulfill
them
(d) Section 35
10 . The RBI Inspector checks whether the coin vending machine is _____________
11 . The currency chest branch should have __________________ with upto date patch/release utility in
13 . While conducting inspection of branches conducting Government Business, the RBI Inspectors che
whether
14 . During the inspection of branches conducting Government Business, RBI Inspectors comment on
17 . The currency chest branch should have ____________facility with nearest police station
(c) Hotline
18 . While conducting inspection of Branches conducting pension business, RBI Inspectors check
19 . ______________________________ should be displayed at the notice board of the branch for info
of customers in bilingual.
(a) Monthly
(c) that they are sent to RBI and not stored in the vaults (when checked during subsequent inspe
1 . In terms of the GOI, Ministry of Finance guidelines all negotiated contracts in respect
of rentals including taxes etc. and deposits of Rs.25 lacs and above in respect of
premises taken by Bank on lease / rental basis and or purchase of premises be
reported to
(a) Average of price stated in two valuation reports obtained by the bank
(b) Two
11 . Threshold limits beyond which all procurements must be routed through the e-
Tendering / e-procurement route are fixed by the Bank from time to time which is
presently Rs. _____Lacs and above
(c) 10
12 . In case of amount above threshold limit, the deviation for specific purchase other than
e-tendering/e-procurement route can be approved by
13 . The brief in paper when property is to be acquired by the Bank, should contain
15 . When two bids are received by the Bank for premises to be acquired, which bid is
opened first
19 . In terms of the GOI, Ministry of Finance guidelines all negotiated contracts in respect
of rentals including taxes etc. and deposits of Rs. ________ and above in respect of
premises taken by Bank on lease / rental basis and or purchase of premises be
reported to Central Bureau of Investigation
(c) 25 lacs
23 . In a situation where properties are being acquired / purchased through bid at auctions
by the Banks, the Bank should restrict its bid to
24 . In case of sale proposal of Bank property, the transactions between Public Sector
Banks/Undertakings or Government Department may be settled at :
1 . Which among the following is the best and most effective form of listening at the work
place?
3 . The different types of empathy that have been defined by psychologists are
5 . Empathetic listening is
6 . Holding the door for the people behind you to enter, displays
(a) I know trying to lose weight is difficult and is really an uphill task.
(a) Questioning
(b) Probing
(c) Judging
(d) Understanding
11 . Empathy is
(b) Using the phrases Please and Thank You periodically, will help in creating an
empathetic environment
(c) Only A
26 . Cognitive empathy is
(c) Listening
(b) 3
(a) 2
4 . An employee does not get a chance to discuss his progress. He will be considered to
be engaged.
(b) false
(a) true
(a) true
9 . An employee commits time and effort to help the organisation succeed. He can be
considered to be engaged.
(a) true
(d) Disengaged
16 . Identifying the problem areas is the ______ stage of 4 stage process for measuring
employee engagement.
(c) Third
18 . An employee does not know what the organisation expects from him. He can be
considered to be engaged.
(b) false
(a) Sharing with the employees as to how they are contributing to the
organisation's success
L0164
1 . Which of the following statement is not correct? The Balanced Score Card is a
management tool that enables organizations to:
(c) Provides feedback on employees, in order to coerce them to work harder and
longer.
(c) 360 degree feedback addresses skills such as listening, planning and goal
setting
(e) 360 degree feedback focuses on evaluation on the basis of customer feedback
only.
3 . Which of the following statement is not correct? The balanced score card suggests
that we view the organization from four perspectives:
(d) Competition
5 . Which of the following statement is not correct? A balanced Score Card should be
implemented to:
(b) Make staff accountable and initiate suitable disciplinary action where
warranted.
6 . Which one of the following is not correct? 360 degree feedback methodologies
involve collecting responses through standard forms about a manager from:
8 . Which of the following is not correct? The forms ( 360 degree) are designed to
measure a subjects rating on:
9 . Which of the following statement is not correct? Performance management is the use
of performance measurement information to effect:
10 . Which of the following statement is not correct? For Implementing Balanced Score
Card the following steps are essential:
(d) Adopt a carrot and stick policy in order to improve performance and outcomes
L0049
1 . Where doubts arise about quality or quantity of the stocks during inspection, an
expert opinion or even a stock audit could be stipulated
(a) true
(a) true
4 . In cases where cash credit limits are granted against book debts, a statement of book
debts with age-wise break-up should be obtained along with the stock statement.
(a) true
6 . In the case where "plant- spares" are classified as non-current asset for working
capital assessment, this asset should not be considered eligible for DP though
included in the stock statement.
(a) true
(b) false
(b) false
8 . Unpaid stocks purchased under Usance LC _________
9 . Asset verification by outside agencies is not applicable to units with credit facilities
below------
(a) true
11 . When stock statements are received at the branch, details like date of stock
statement, date of its receipt at the branch, brief particulars of the security held, the
value thereof, the stipulated margin and the resultant drawing power (i.e., value of
security after deducting margin) should be recorded in words and figures in the,
---------
13 . The inspecting official should also keep in mind various guidelines pertaining to the
following aspects:
15 . Whenever stocks in a certain location cannot for any reason be inspected, a note
must be made in the inspection register in order to ensure that the stocks are
checked at the next inspection.
(a) true
16 . Variations in the prices of commodities, against which advances are granted, should
be carefully examined to ensure that the stock statements represent correct value of
assets.
(a) false
17 . Where goods are stored in different places, inspection of all the stocks should be
conducted ----------
18 . The quarter/year-end stock statements should be compared and reconciled with the
corresponding items in the financial follow-up statements such as FFR-I & II/ and
year-end balance sheet.
(a) true
19 . Book debts upto the age of ------ months should be reckoned for calculation of
drawing power.
20 . As regards the insurance of assets the official during the course of inspection must
ensure that:
21 . The Drawing Power in each account --------- exceed the corresponding sanctioned
limit.
(d) Cost of production or selling price or market price or Govt. controlled rates,
whichever is the lowest.
23 . Book debts which are beyond the cover period (for drawing power purposes) as per
sanction terms should not be included in the stock statement.
(a) true
28 . Frequent return of cheques issued by the unit is indicative of units inability to pay off
its creditors in time and/or liquidity problems.
(a) true
29 . The reasons for follow-up of advances which includes inspection of advances are:
30 . Generally, book debts of more than ----- months old should not be reckoned for
arriving at the drawing power.
(b) 6
L075
1 . An appeal can be preferred within ----- days from the date of communication of the
punishment order to the employee concerned.
(a) 45 days
3 . Shri Natwarlal admits in writing to stealing cash of Rs 50,000 from the cash counter. If
the Bank wants to terminate his services then it should...
4 . Ms K Mozi has been arrested o/a of her involvement in a failed chit fund. The bank
has initiated Disciplinary action against her. Meanwhile the court has commenced her
trial. Now the Bank should
(d) Put on hold the proceedings and wait for 12 months or for the trial to be over
6 . Shri Pani, messenger refuses to provide drinking water to customers during working
hours when asked by BM to do so. He can be charged on grounds of
(d) Insubordination
7 . Mr. Mandrake, Assistant on probation (of 2012) batch has been convicted on charges
of cheating and forgery in a case of 2010. After receipt of the conviction order, the
bank can.
(d) Either A or B
9 . Mr. Natwarlal has been acquitted honorably by the court after being put on trial for
cheating. The Bank
10 . Mr. Budhu, General Attendant has remained absent for 39 days. Which of the
following steps should the Branch Manager take?
(c) Send a registered notice, asking him to join immediately as his absence is
unauthorized.
11 . Which of the following acts and omissions on the part of an employee may be treated
as acts of "Minor misconduct":
(c) Either A or B
14 . The MOS dt. 10.04.2002 contains a provision that any person against whom
disciplinary action is contemplated shall
15 . Mr. Ram, Spl Asst has absented himself for more than 30 days without taking prior
approval of the Branch Manager. He is liable to be charged under
16 . Mr. Praju arrested earlier on charges of embezzlement has been honorably acquitted
by the court. The Bank now may
18 . Mr. Zerox was caught copying in the CAIIB exam by the superintendent. He admits to
his actions. He is guilty of committing an act of
(a) Be dismissed
20 . Which of the following acts and/or omissions does not constitute "Gross misconduct"
by an employee:
(a) Engaging in any trade or business with the permission of the Bank
22 . Mr. D.V. Raja, an employee, has been arrested by the CBI on charges of involvement
in a money circulation scheme. It is now more than 1 year since his arrest and the
CBI is yet to file a charge sheet. The Bank should now
(a) Inform him of the charges against him and give him an chance to explain
30 . Mr. Juadi, Head Messenger and Local Unit Secretary held a meeting of his union
inside the branch without BMs permission. To charge him for misconduct the BM
should first
2 . The principle of natural justice are based on two latin maxims - one of which is
4 . A member of the award staff who comes late to the office can be treated under
5 . Which among the following regarding and Enquiry Officer is not true
(d) A person other than the Disciplinary Authority/ Appointing Authority also
provided he/she has been authorised by the rules.
9 . A charge sheet is
(a) A letter or notice addressed to an employee, who is being proceeded against
departmentally setting out the details of the charge against him
(b) The person against whom charge sheet is issued should be addressed in
second and third person
11 . In the case of supervising staff governed by Officers Service Rules the authority
appointed to enquire allegations against a charge sheeted officer is called
12 . In the case of an award staff the authority appointed to enquire into the allegations
against a charge sheeted employee is called
16 . After issue of a charge sheet, an award staff should submit his/her reply to
(b) The Branch Manager/ Head of the Office admitting or denying the charges
17 . Inquiring Officer is the person appointed to enquire into allegations against a charge
sheeted
(b) Supervisory Staff
18 . The competent authority to grant sanction for prosecution against a bank employee is
19 . When a charge sheet is served by post and the registered notice is returned With the
note refused to accept
(d) He/she is not given proper opportunity to rebut evidence and cross examine
the witness produced by the prosecution
22 . Which among the following is not true regarding issuance of a charge sheet
23 . The charge sheeted officer/ charge sheeted employee can be defended by a legal
practitioner
(a) Its value multiplied by the weight for that type of asset
4. Haircut is intended to---------- and ______of the Exposure on account of collaterals other than financ
collaterals.
5. Asset Netting means reducing value of eligible Collaterals from Outstanding to arrive at the Net Exp
amount. Basel II recognizes____________. To be eligible for Asset Netting, lien on Collaterals is to
marked and____________.
(a) Only Financial Collaterals and Gold for Asset Netting, legal certainty is to be met
6. For calculating capital charge under basic indicator approach on account of operational risk, a facto
(15%) is multiplied by
7. While Tier I Capital primarily is Share Capital, Tier II comprises of other types, such as_____
12 . Unexpected Loss is calculated based upon a determined confidence level of __________of assume
correlation amongst exposure etc
(a) 99.9%
(c) Since all kinds of Assets on a banks balance Sheet do not carry equal Risks
17 . In Basel2, first pillar is similar to Basel I requirement, the second is the use of sophisticated risk mod
the third pillar__________
19 . As per the guidelines issued by RBI, Indian banks to maintain a minimum CRAR of __
20 . Unexpected Losses are deviations from the average that may put an institutions stability at risk
(a) true
L0504
CONSERVATION OF CAPTITAL 2
1. ---------------coverage decreases risk weight of our assets and thus conserves capital. (fill in the blan
(c) Allocated limit should be in the same CIF number to the extent possible in order to conserve
3. Find the odd one out with regard to eligible Basel-II collateral?
4. For a Fund Based Loan of Rs.1.00 crore, the Bank will have to provide Rs.------- lac as capital @12.
CAR. (fill in the blank)
(b) 12.00
5. Which of the following fields in CBS will have an impact on calculation of capital at whole Bank leve
6. Which of the following risks is not a relevant risk for calculation of Capital?
8. The capital Charge on each business line is calculated by multiplying income by a factor (denoted
by ------------ assigned to that --------- . (fill in the blanks)
(a) Regulator, business line
10 . In CBS I have shown a performance guarantee of Rs.100 lacs as a financial guarantee by mistake.
capital adequacy. I have wasted capital to the tune of Rs.
13 . Hair cut is applied to account for the differences in ------------ of collateral and its actual ---------- value
distress sale conditions based on empirical data.(fill in the blanks)
14 . In my branch there is a housing loan account and house is under construction. By not entering
progressively increasing value of the house in collateral field in CBS and reflecting the correct positi
am ----------. (fill in the blank)
15 . Margin money on LC /BG is not -------- from LC/BG liability for the purpose of calculation of ----------r
in the blanks)
16 . For calculating capital charge under basic indicator approach on account of operational risk, Gross
income= net interest income + net non-interest income as laid down by supervisors/ national accoun
standards which:
17 . Total Capital charge is based on the ----------- of the simple summation of the regulatory Capital char
across each of the business lines in each year. (fill in the blank)
18 . Market Risk is defined as the risk of losses in an ----------------------- position arising from movements
market prices. (fill in the blank)
19 . Guarantee of which of the following does not reduce risk weight of an asset?
20 . The eight business lines are, Corporate Finance, Trading & Services, Retail banking, Commercial B
----------------------------, Asset management, Retail brokerage.(fill in the blanks)
1 . Which one of the following is not one of the Roles & Responsibilities of Operational
Risk Management Department (ORMD)?
(c) Checking of Near Miss Event data reported by Branch / Unit during RFIA
(d) Place selected high priority Near Miss Event(s) with high potential impact
before the ORMC.
2 . If there is no financial impact; it is not necessary to report the Operational Risk Event.
(b) False
(b) OR Manager
5 . Creation of e-library of Near-Miss Events will also serve as an input for _________
(a) Scenario analysis workshop as part of capital computation for operational risk
under AMA.
6 . Incomplete reporting by the Branch / Unit should also be encouraged and the
controllers and OR Managers should help reconstructing events in a sequence in the
Near Miss template for the purpose of understanding and identification of the control
gaps, if any.
(a) true
(b) false
7 . Near miss can be classified into Basel defined Loss event Types.
(a) true
(b) false
(c) A bank should therefore develop procedures to identify such Near Miss events
(d) The amounts lost and recovered before the close of business the same day to
be included in the operational loss data base
(b) False
10 . There exists possibility of general reluctance on the part of the operating staff to
report NMEs
(a) true
12 . Which of the following statement in respect of 3rd stage of Near Miss Management
Process - Prioritization and Classification - is not correct ?
(b) ORMD is required to identify and escalate top priority NME that are likely to
cause major problems
(a) Checking of Near Miss Event data reported by Branch / Unit during RFIA
15 . Which of the following statement in respect of 2nd stage of Near Miss Management
Process - Reporting - is not correct ?
17 . _________ at circles and at business and support groups [in consultation with
DGM&CFO/DGM (Risk)] to identify top and critical NMEs to be placed before the
RMCC and RMC respectively
(b) OR Manager
18 . Mr. A claiming to be a doctor applied for loan at the Branch. On investigation it was
found that he had multiple PAN cards and taken loans from different banks.
20 . Which of the following statement in respect of 1st stage of Near Miss Management
Process - Identification - is not correct?
22 . Once a near-miss event is reported, based on priority, identifying the cause(s) and
initiating an action plan for prevention of recurrence should not be formulated.
(b) false
(a) true
24 . Which of the following statement in respect of 5th stage of Near Miss Management
Process - Analysis- is not correct ?
25 . Which one of the following is not one of the Roles & Responsibilities of OR
Manager ?
(a) Identify Near Miss Events for flash through their sites.
(c) Reward and Recognition for the selected Near Miss Events.
26 . Root cause analysis is only undertaken for Operational Risk Events which face an
actual loss.
(b) false
28 . A SWO of the Branch left his counter and went for some work after closing the entry
door of the space behind the counters. There were 3-4 miscreants in the branch. One
of the miscreants entered the space behind the counters. One miscreant was talking
to the Accountant to avoid detection of the miscreant who had entered the space
behind the counters. The miscreant collected the cash lying on the counter of SWO in
his bag. SWO saw the miscreant and ran instantly towards him and caught hold of
him with the bag. All other miscreants (3-4 persons) ran away in the chaos. The guard
on duty on the ground floor also reached the spot. The miscreant was locked inside a
room. Thereafter, the branch called the police and handed over the miscreant to
them. The Branch should now:
(d) The Bank does not treats such events for which recovery has been made on
the same business day of the event as near miss event.
30 . RBI proposes disciplinary action against the staff involved in Near Miss Event action
for the first incidents.
(b) False
(a) true
33 . Which one of the following is not one of the Roles & Responsibilities of Operational
Risk Management Department (ORMD)?
(d) Review and approve the guidelines for Near Miss Events as part of OR Manual
34 . Identify the following Operational Risk Event: Two cheques purportedly issued by a
customer of the branch were returned in clearing. When customer received SMS of
return of cheque, he advised that he doesnt have this cheque book.
(c) Ensure that the contents of Near Miss Event template are complete.
36 . The amounts lost and recovered before the close of business (the same day) is to be
included in the:
37 . Which one of the following is not one of the Roles & Responsibilities of Operational
Risk Management Committee (ORMC)?
(a) Physical
(d) Character
(d) Traditional
10 . As per a quote, for most people, the biggest obstacle to personal effectiveness is:
12 . The SECOND habit of highly successful people (as per the author) is:
(c) Quadrant 3
15 . Write your personal vision and mission statements is a part of which habit?
(c) Meditation
20 . Who is the author of the book The Seven Habits of Highly Effective People?
(a) Win-Win
(b) Quadrant 2
(d) Quadrant 4
25 . There is only this much. So I must grab it. - What type of mentality is this?
(d) P/PC
27 . Submissiveness is a characteristic of which paradigm of human interactions?
(c) Lose-Win
(a) Quadrant 1
(a) Lose-Lose
(b) Creating peoples capacity to be familiar with financial products and take
informed decisions
3 . Four conditionalities have been agreed upon for success of Financial Inclusion. Three
of them are Financial Education, Suitable Infrastructure & HR Development and Inter-
Agency Co-operation. Which is the fourth one?
4 . The Banks were advised to make available a basic banking no-frills account with low
or minimum balances and charges in
5 . Attempts to ensure Financial Inclusion are not new to India and many steps for the
same objectives have been taken in the past. Which among the following is not such
a step?
6 . Two funds, with budgetary contribution from the Union Govt. were created in terms of
the interim report of the Committee on Financial Inclusion, the Financial Inclusion
Fund and the Financial Inclusion Technology Fund. What was the amount of Govt.
contribution for each?
9 . The theory of three pillars states that the state Govt., the financial Sector and NGOs
are responsible for ensuring Financial Inclusion. Which will be the appropriate one to
be added as a fourth one?
10 . Two more decisions have been taken recently by the Union Govt. on the basis of the
Committees report, for implementation by banks. One is opening of 250 accounts per
annum per Bank branch. What is the other?
11 . According to consensus at the national level, many reasons lie behind poor Financial
Inclusion in India. Which of the following is not a correct reason?
12 . As part of the Banks plan for running Common Service Centres in 1 lac villages, an
MoU has been signed with a particular organization to share their technology and
pilot studies. Please name the organization.
(c) IL & FS
16 . Financial Inclusion was the theme in a national level event some time during 2005 to
2009 or so. Can you identify the event?
(c) Rs.50,000/-
19 . The scheme SBI-India Post Alliance is designed at improving the Banks reach in
rural and under-banked areas for business under Financial Inclusion and also
otherwise. Under this, the Department of Posts will work as
20 . Which form of social and financial service was mainly emphasized by the CGAP
Forum?
21 . Which of the following is not a product under Financial Inclusion in the Bank?
(a) KGC
22 . A new delivery mechanism was mooted by RBI as a step towards better Financial
Inclusion. Which Committee of RBI did recommend this?
23 . Under General Purpose Credit Card, credit should not exceed 20% of production
credit limit and/or 20% of annual income or Rs.__________ whichever is lower.
(c) Rs.25,000/-
24 . Under the new mechanism, Business Correspondent and Business Facilitator [BC/BF
] model has been launched by the Bank. Which of the following statements is not
correct?
(d) BC and BF models will carry the same amount of risk for the Bank
(d) Brazil
26 . Which Region has the lowest exclusion (the number of Bank accounts per 100 adult
population)?
(a) Northern
27 . As part of the first initiative, a Forum was created at the international level to
recommend ways and means of Financial Inclusion. What is its name?
28 . Which among the following years, was observed as the year of micro credit?
(c) 2005
29 . In order to emphasize the concept of micro credit, at the instance of World Bank,
CGAP was formed in
(b) 1996
30 . According to the available statistics, which Region has the highest exclusion (the
number of Bank accounts per 100 adult population)?
(d) North-eastern
31 . In addition to micro banking [deposits & credit], and a hassle-free remittance and
collection system, a third product is also counted as part of the basic requirements
under Financial Inclusion. Please identify.
32 . Which world body took the important step towards Financial Inclusion at a
multinational level?
33 . Where does the SHG Linkage Scheme stand vis--vis Financial Inclusion?
34 . In the case of SHG Gold Card (issued for carrying economic/income generating
activities), the limit is a minimum of
(d) Rs.2,00,000/-
2 . Borrowers indulging in fraud and malfeasance will be ineligible for restructuring under
the Debt Restructuring Mechanism for SMEs.
(a) Yes
3 . Following units are eligible for debt restructuring as per RBI guidelines
(a) All corporate SMEs enjoying banking facilities only from the SBI, irrespective of
the level of the dues to the Bank.
(a) Viable in 5 yrs and repayment can not be more than 10 yrs
6 . In cases of Sub Standard and Doubtful Accounts, Even in cases where the sacrifice is
by way of write off of the past interest dues, the asset should continue to be treated
as "substandard"/ "doubtful". True or False
(a) TRUE
(b) Doubtful-D1
9 . Margin Money for Working Capital and Funds for Start Up Expenses can be
considered as a part of Restructuring packages on a case to case basis. True or
False
(a) TRUE
(b) Average DSCR of 1.25 and not less than 1 in any year
(b) These accounts are taken up only on specific request from the Borrower
(a) All corporate SMEs, which have funded and non-funded outstandings up to Rs.
10 crore under the multiple/consortium banking arrangement.
13 . Following units are eligible for debt restructuring as per RBI guidelines
(a) All non corporate SME with outstanding beyond Rs10.00 crs
(b) All non corporate SME s with Limits beyond Rs.10.00 crs
(c) All non-corporate SMEs banking with SBI irrespective of the level of dues
15 . The time frame for completing the whole process of entire restructuring package from
the date of submission of application
(c) 90 days
(c) Standard for a period of one year and again in the original category of the
principal debt if satisfactory payment record is not maintained.
17 . What is the maximum period upto which concession in interest rate can continue on
FITL
(a) 3 years
18 . What is the maximum period upto which concession in interest rate can continue on
WCTL.
(b) 5 years
(a) true
2 . Normally, an initial deposit of atleast ___ of the outstanding will be taken from the
borrower as an evidence of his intention to pursue the compromise settlement.
(a) 15%
3 . The quality of loan asset is the most important factor for the basic viability of the
banking system.
(a) true
4 . From the borrower's angle, entering into compromise proposal is the desire to avoid
(c) 1.7%
(a) true
(a) true
10 . From the Bank's point of view, the process of compromise settlements [OTS-One
Time Settlements] enables
11 . The extant legal system is not conducive to expeditious recovery, mainly due to the
protracted process, and full recovery being impossible, a pragmatic solution is called
for. Compromise offers this practical and realistic solution.
(a) true
12 . It is not possible, to lay down precise guidelines which can be followed uniformly in all
compromise cases, as each offer is unique in the context of the circumstances
necessitating its consideration as a recovery option.
(a) true
(b) false
14 . Stressed Assets Management Branch (SAMB) does not play an effective role in
targeting high value NPA accounts for upgradation and recovery.
(b) false
(a) true
18 . Non Performing Asset means an asset or account of borrower, which has been
classified by a bank as sub-standard, doubtful or loss asset, in accordance with the
directions or guidelines relating to asset classification issued by The Reserve Bank of
India.
(a) true
(b) false
21 . NPA management is an integral part of the overall loan asset management of the
bank, consisting of strategic approaches to
24 . In respect of suit filed accounts, the compromise settlements should be through the
Court, by way of Compromise Decree, with suitable clauses which would enable the
Bank to resort to legal action/resume the action without prior reference to the opposite
party, in the event of default.
(a) true
26 . Of the various processes, recovery through negotiated settlements offers the best
scope for maximizing NPA reductions at the minimum expense.
(a) true
27 . Accounts eligible for write offs should be written off in the beginning of the year so
that efforts saved in managing these are utilised for recovery of other NPAs.
(a) true
29 . There are four styles of negotiation viz. Competitive style, Co-operative style,
Combative style and Lose-lose style.
(a) true
30 . Monitoring Mechanism must function with greater thrust so that as soon as default
takes place in any loan account alerts are sounded and steps to prevent slippages
are initiated.
(a) true
(a) true
34 . It should always be borne in mind that while the Bank has only one option i.e. to
recover the money lent whereas the borrower has two alternatives i.e. to pay or to
default.
(a) true
36 . The three crucial elements always present in every negotiation are Power, Time and
Information.
(a) true
37 . Compromise settlement invariably involves certain sacrifice by the Bank (by way of
write off and / or waiver) of a portion of its dues.
(a) true
38 . Entire compromise amount should be paid preferably in a lumpsum or in instalments
spread over a maximum period of ____ months.
(c) 12
39 . Negotiation is concerned with resolving conflict between two or more parties, usually
by exchange of concessions.
(a) true
2. The speed with which problems are diagnosed and remedial action initiated is vital for Asset Manag
(a) Yes
(a) Revalidate the assumptions made at the time of credit sanction particularly to assessment of
risk
5. Asset Category between Standard Assets and Sub- Standard Assets introduced for internal monitor
follow-up is
6. As per time schedule for review of Standard Assets (above Rs One Crore), preparation of check list
standard assets is to be done
8. The Branch level committee shall scrutinize accounts and chalk out appropriate steps to
(b) No
10 . The check list for review of the Standard Assets by the Branch level committee has been devised to
capture
(d) Existing primary and secondary sources of cash flow and determine whether the unit is intrin
viable
14 . Proactive intervention to arrest sudden deterioration of Standard Assets to Sub-standard Assets form
integral part of
15 . The committee to scrutinize the checklist of all standard accounts with total indebtedness exceeding
One Crore will include the Branch Manager, Divisional Manager and ____.
16 . A system of early recognition with timely and adequate intervention has been the focus of Banks ap
in dealing with
(d) Whether the problems faced by the unit are of temporary nature
18 . Accounts where interest / instalment has not been serviced for 30 days are
(a) Ability of the promoters to correct the deficiency and regularize the position in short time
21 . Arising out of Banks experience, it is felt that there is greater need to further streamline the identific
23 . The primary intent behind the new approach is to ensure that Standard Assets do not suddenly dete
into SMA due to lack of timely action / follow up.
(a) Yes
24 . Accounts which are not in default but are showing early warning signals such as frequent return of c
/ bills discounted, devolvement of LCs, declining financials etc. are
26 . The check list pertaining to each account shall after monthly review be kept in the unit file for
28 . As per time schedule for review of Standard Assets (above Rs One Crore), review of all standard as
to be done
29 . The time frame should be _________ and ____________ to ensure that standard accounts do not
deteriorate into SMAs.
30 . The Branch level committee to review the Standard Assets with total indebtedness above Rs One c
shall have
1. What is to be done if the investigator is not in a position to complete the investigation within the pres
time under Whistle Blower Policy?
(c) Interim report has to be submitted by the investigating officer along with the probable date of
completion
2. Under Whistle Blower Policy the status report is submitted to the Reviewing Authority every
(b) Quarter
4. Under Whistle Blower Policy action taken against each disclosure will be noted and put up to the Re
Authority within
(a) 7 days
5. What action will be taken by Reviewing Authority on the basis of status report under Whistle Blower
10 . What action will be taken against the Guilty under Whistle Blower Policy?
(d) U.S.A.
13 . To ensure that the Whistle Blower Policy scheme is known to all the employees of the Bank, Bank h
14 . How the complaints are to be disposed off by the Designated Officer under Whistle Blower Policy?
15 . What is compulsory on the part of the complainant under Whistle Blower Policy?
16 . What are the modes by which complaint can be sent under Whistle Blower Policy?
17 . Which is the Designated Agency in India authorized by the Government of India to receive complai
corruption?
(c) Half-yearly
20 . Enactment of first law by any country to protect the Whistle Blower was in the year
(b) 1863
21 . When will be the complainant disqualified from protection under Whistle Blower Policy?
22 . What is the maximum time permitted to complete the investigation process as per Whistle Blower P
(c) 45 days
(b) The person or the office against whom the disclosure is made
25 . Under Whistle Blower Policy an officer appointed by the Designated Authority to look into the compl
known as
26 . What is the protection available to the complainant under Whistle Blower Policy?
(b) No penal action will be taken against him if the disclosure is made in good faith
28 . Under Whistle Blower Policy if the investigating officer requires any additional information on the ma
has to
(b) Ask the designated official to get the required information from the complainant
(c) Be content with what he has, as he doesnt have any right to ask for any additional informatio
29 . Under Whistle Blower Policy proper record of complaints received and disposed off has to be kept b
30 . Who is the designated officer at the Corporate Centre under Whistle Blower Policy?
(c) GM Vigilance
. SARFAESI Act can be enforced on non agri security with loan outstanding of Rs.
_ above
(b) 1 lac
(b) 10 days
4 . Sub-standard asset after 30 days from the date of NPA becomes special mention a/c
(b) false
6 . Rephasement of term loan including rehabilitation on more than two occasions during
the currency of T.L
(b) 2002 BC
8 . The NPA policy lays down a broad approach for recovery of loan
(b) 45 days
11 . In case of deep rooted problems in loan accounts the time norms is maximum period
of
(b) 9 months
12 . Law officers at LHO should visit the branches where large number of suits filed
account at least
13 . When bad debts are written off and cases are pending in the court they are parked in
(b) AUCA
(c) 90 days
16 . Administrative clearance for rephasement of Term Loan more than 2 times is not
required for
18 . Lok adalat can deals in cases suit files account upto Rs________ through
compromise decree
(c) RBI
23 . Holding on operation are permitted by the bank for weak/ sick unit
25 . Sub standard assets after 1 year from the date of NPA becomes doubtful asset-1
(a) true
26 . Non performing loans are recognized as per
1 . The following NPA A/cs will get priority in the CDR mechanism
(d) A, B & C
4 . The NPA policy lays done the following principles, which should not be kept in mind
for compromise
5 . The reason for considering the advances under CDR is to see that
9 . Which one is the reason where bank do not consider the unit for CDR
(c) the unit has internal management problem
10 . When the total loss to the bank in compromise is Rs.50000/- the compromise
proposal is approved by
(d) Committee who has powers to approve the proposal as per delegation of
financial powers
11 . In case of suit filed A/c the borrowers pays the below mentioned amount.
14 . CDR mechanism is not applicable to the following loan A/C which are classified as
___________
15 . The following BIFR cases A/Cs are not eligible for CDR mechanism
(c) Bank can proceed in the case with DRT for total dues less the amount paid for
recovery proceedings
(c) Rs.40 cr
19 . The chairman heads the committee of NPA & SMA A/cs of Rs. _____ and above for
monitoring purpose.
20 . According to NPA policy with Rs. ____ & above should be monitored by SAMB who
have gained immense expertise in recovery & resolution.
(a) Rs 1 crores
21 . The authority approving the compromise will not be the one ____ the advance in
question.
(c) Do consider the advance under CDR knowing the specific reason for the
problem
23 . The target set by us for NPA during 2014-15 is reduced by at least _______ % from
31.03.2014
(c) 15%
24 . CDR mechanism is presently eligible for all consortium & multiple Bank finance where
the total exposure is of Rs________Crore & above.
(b) Rs 10 crores
25 . Reference to CDR can be done by any member Bank / Creditor who has minimum
_____ share in working capital.
(c) 20 %
28 . The concession under corporate debt restructuring (CDR) whether are applicable to
other potentially viable units
29 . The A/cs where cases are filed with BIFR will also be eligible where the exposure is
___________
30 . The NPA policy is not uniform for all compromise settlement it depends on
1 . In case of NBG Branches, the proposal for classifying the borrower as Non
Cooperative is required to be signed by
2 . #NAME?
4 . The asset classification for the new loan sanctioned to the non cooperative borrower
will be
6 . Proposals for classifying the borrower as Non Cooperative Borrower are to be sent by
the controller of the Branches to --------at Corporate Centre.
(e) SAMG
8 . Cut off limit for classifying Non Cooperative Borrower is the borrower enjoying
aggregate FB & NFB limit of Rs. -----Crs.
(a) 1.00 Cr.
(c) Quarterly
(a) Two
(b) 3
14 . Now Bank is required to ----------- while sanctioning new loans to Non Cooperative
Borrower
(a) Yes
18 . Once the Committee concludes that the borrower is Non Cooperative it shall issue
(d) CRILC
20 . Removal of the names of the Borrower from the list of Non Cooperative borrower will
be reported
(a) Compulsory
24 . A solitary or isolated instance will be the basis for such classification as Non
cooperative Borrower.
(b) FALSE
(b) different
26 . In all cases the borrower should be provided an opportunity for Personal hearing
before issuing the Order.
(c) always
(b) Persons who are in-charge and responsible for the management of the affairs
of the business enterprise.
29 . All Business Groups at Corporate Centre will collect the data on Non Cooperative
Borrower and will submit it to
30 . The provision for the new loan sanctioned to the non cooperative borrower will be as
applicable to
(b) false
4 . Under Basel II - a Corporate is defined as a legally constituted limited liability entity
:
(b) false
5 . What is the CCF % for Committed Credit Lines with an original maturity up to 1
year
(b) 20%
6 . What is the CRA Model used for Infrastructure Projects
(a) RAMIP
7 . Non furnishing of Collateral information will lead to higher LGD% estimates
(a) true
8 . What would be the RMD advisory for an Industry Outlook of Marginally
Favourable
(a) SB 1
10
Accounts guaranteed by State Govt attract a risk weight of --
.
(b) 20%
11
Which of the following is likely to be correct:
.
(c) EAD >LGD
12
Different exposures to a borrower may have different LGDs
.
(a) true
(a) PD
(b) LGD
(c) EAD
(a) More CRMts are recognized under Standardized approach than under
Advanced IRB Approach
15
Credit Risk Management Policy covers only Bank`s domestic Operations
.
(b) false
16
For all exposures with Unconditional Cancellability Clause, CCF is zero
.
(a) true
(a) PD
18
Loan Policy covers Bank`s domestic Operations
.
(a) true
19 What will be the impact on capital cost if ECRA of a unit is upgraded from AA to
. AAA, (other things remaining the same)
21
ECRA of a borrower does not affect the Risk Weight of a unit
.
(b) false
22
Stipulations regarding Haircut Requirements are covered by which policy?
.
(b) false
24
All of the following are Eligible IRB Collateral except :
.
(c) Debentures
(d) State Govt Securities
25
A wide range of rating from SB1 to SB16 helps in :
.
(b) false
30
Longer the tenure of a security, lower the haircut.
.
(b) false
L0070
(a) true
5 . The time limit for filing an appeal with the appellate authority is
(c) 30 days
(c) Refer back the matter to the Banking Ombudsman for fresh disposal without
necessary directions
9 . The cost involved in filing a complaint with a Banking Ombudsman is
10 . While lodging the complaint, a complainant should include ___ copy/ copies of
document alongwith the complaint.
(d) 1
12 . The bank is to comply with the award of Banking Ombudsman if it is accepted by the
customer within a period of
(a) 30 days
14 . If the award is passed by the Banking Ombudsman, the award should be accepted by
complainant if it is acceptable to him within
(c) 15 days
(a) 3 years
18 . For passing an award, Banking Ombudsman has to follow instructions and guidelines
of RBI.
(a) true
20 . Banking Ombudsman is
(a) true
(a) The subject matter has already been settled previously by any Banking
Ombudsman in any previous proceedings
28 . The Banking Ombudsman Scheme, for the first time, was introduced in
(a) 1995
(a) Two
2 . What is the maximum balance , which can be deposited in Pehla Kadam and Pehli
Udaan Account , Rs. :
(b) 5,00,000
3 . We should use our __________ for VIP, HNI and NRI customers :
4 . What is the minimum salary of employee to be eligible for Salary Package account:
5 . How much percent concession is available for Platinum variant in Locker charges?
(b) 25%
(a) 10 lac
(b) 5 years
8 . The charges for draft issue, RTGS and NEFT are free in Salary package accounts :
(a) true
9 . How many free ATM cards can be issued in salary package accounts?
(b) Two
10 . In SBI Tax Savings Scheme, Tax can be saved under which section of Income Tax :
(c) 80-c
(c) Three
(a) 1 Year
(c) 36 months
15 . Maximum amount, which can be deposited in a year in Flexi Deposit Account is Rs. :
(a) 50,000
(a) Small
(b) 3 years
22 . Which SME Power account is most suitable for SME- Medium business man :
(d) 5 Years
24 . What is the minimum deposit amount of SBI CapGain Plus Account in Term Deposit :
3. Three methods for calculation of Capital Charge for Operational Risk under Pillar 1 (BASEL III) are:
(d) All the above
10 . Number of days ATM cash did not tally with ADMIN balance is an example of Key Risk Indicator.
(a) true
12 . Banks have to assign capital for Operational Risk @15% of average annual gross income as per
(a) Basic Indicator approach;
4. To ignore empty rows in the Data Pilot Table, which of the following options is to be selected?
(b) Ignore empty rows
5. If we deselect automatically update option, to update the changes in the database, which of the fo
buttons are to be clicked.
(a) Update
7. For creating Data Pilot Table in the same sheet , Which of the following options is to be selected ?
(a) Place result to Existing Place
11 . Data Pilot Table can be created with which of the following menu options ?
(d) Data - Data Pilot - Create
12 . For more complex filtering options, Which of the following option is to be selected?
(a) Data Source Filter
13 . Data Pilot Table summarizes the data. Which of the following options can be used to refine the resu
further?
(c) Filter
15 . The column data field and row data field in the table will both have a ____________ arrow.
(b) Drop-down
19 . If we drag any number field to Data Pilot area, by default, ____ function will be applied.
(a) Sum
20 . Source data related to a cell in the Data Pilot Table can be viewed by _____ on the cell.
(a) Double clicking
21 . ________ area allows us to summarize the data based on a selected item in the DataPilot table.
(c) Data
22 . Which of the following to be completed for adding content to the Data Pilot Table?
(b) Right Click on the field and select the area
24 . While there is a connection between the source data and the DataPilot, the DataPilot table is
_________________when the source data is modified.
(b) not automatically refreshed
25 . A ____________ is an interactive table in which we can arrange, rearrange and summarize data ac
to different points of view
(a) Data Pilot Table
27 . Which of the following options will be available in Display Value Dialog box ?
(d) All of the above
28 . If we save the Data Pilot Table, by default, file will be saved in _____ format.
(d) .ods
29 . Data Field option dialog box provides which of the following options ?
(d) All the above
30 . Once Data Pilot Table is created, it is ______ to rearrange the fields in the table.
(b) Very easy
L0529
2. The availability of security or net worth of borrower/ guarantor should not be taken into account for t
purpose of treating an advance as NPA or otherwise, except in cases where there is an erosion in v
security/ fraud committed by the borrower
(a) true
4. The unsecured exposures which are identified as substandard would attract additional provision o
_______ per cent
(c) 10
6. In cases of NPAs with balance of Rs. _________ and above stock audit at annual intervals by exter
agencies appointed as per the guidelines approved by the Board would be mandatory
(b) 5 crores
7. In case of interest payments, banks should, classify an account as NPA only if the interest due and
during any quarter is not serviced fully within 90 days from the end of the quarter.
(a) true
(b) false
8. An account where the regular/ ad hoc credit limits have not been reviewed/ renewed within ______
from the due date/ date of ad hoc sanction will be treated as NPA
(b) 180
9. Advances against term deposits, NSCs eligible for surrender, IVPs, KVPs and life policies need not
treated as NPAs, provided.
(b) Adequate margin is available in the accounts
10 . Collaterals such as immovable properties charged in favour of the bank should be got valued once i
______________ years by appointed valuers
(a) Three
11 . Which of the undernoted statement/(s) is/are true in case of provision on Standard Assets
(d) Both A & B
13 . An asset that has remained in the sub standard category for a period of 12 months would be called
(b) Doubtful
15 . If the realisable value of the security, as assessed by the bank/ approved valuers/ RBI is less than _
per cent of the outstanding in the borrowal accounts, the asset should be straightaway classified as
asset
(a) 10
16 . In Standard Asset category, direct advances to agricultural and Small and Micro Enterprises (SMEs
sectors attract a provision of
(a) 0.25 %
17 . The credit facilities backed by guarantee of the Central Government though overdue may be treated
NPA only when..
(c) Both A & B are correct
18 . The crop season for each crop, which means the period up to harvesting of the crops raised, would
determined by the ______________________________________________ in each State
(a) State Level Bankers Committee
19 . In the case of advances classified as doubtful and guaranteed by ECGC, provision should be made
for
(b) The balance in excess of the amount guaranteed by the Corporation
21 . The policy of income recognition should be objective and based on record of recovery rather than o
subjective considerations.
(a) true
22 . In case of doubtful assets, the secured portion of advance under D2 category attracts ______ % pro
(b) 40
23 . In cases where moratorium is available for payment of interest, payment of interest becomes 'due' o
after the moratorium or gestation period is over
(a) true
25 . Any amount due to the bank under any credit facility is overdue if it is not paid on the due date fixed
bank.
(a) true
26 . If any advance, including bills purchased and discounted, becomes NPA..
(a) The entire interest accrued and credited to income account in the past periods, should be revers
the same is not realised.
27 . With effect from which date, a sub standard asset would be one, which has remained NPA for a peri
than or equal to 12 months
(a) 31.03.2005
28 . Stock statements relied upon by the banks for determining drawing power should not be older than
_______ months
(c) Three
29 . State Government guaranteed advances and investments in State Government guaranteed securiti
would attract asset classification and provisioning norms if .
(a) Interest and/or principal or any other amount due to the bank remains overdue for more than 90
(b) false
4 . Under Basel II - a Corporate is defined as a legally constituted limited liability entity
:
(b) false
5 . What is the CCF % for Committed Credit Lines with an original maturity up to 1
year
(b) 20%
6 . What is the CRA Model used for Infrastructure Projects
(a) RAMIP
7 . Non furnishing of Collateral information will lead to higher LGD% estimates
(a) true
8 . What would be the RMD advisory for an Industry Outlook of Marginally
Favourable
(a) SB 1
10
Accounts guaranteed by State Govt attract a risk weight of --
.
(b) 20%
11
Which of the following is likely to be correct:
.
(c) EAD >LGD
12
Different exposures to a borrower may have different LGDs
.
(a) true
(b) LGD
14
Which one is incorrect
.
(a) More CRMts are recognized under Standardized approach than under
Advanced IRB Approach
15
Credit Risk Management Policy covers only Bank`s domestic Operations
.
(b) false
16
For all exposures with Unconditional Cancellability Clause, CCF is zero
.
(a) true
(a) PD
18
Loan Policy covers Bank`s domestic Operations
.
(a) true
19 What will be the impact on capital cost if ECRA of a unit is upgraded from AA to
. AAA, (other things remaining the same)
21
ECRA of a borrower does not affect the Risk Weight of a unit
.
(b) false
22
Stipulations regarding Haircut Requirements are covered by which policy?
.
(b) false
24
All of the following are Eligible IRB Collateral except :
.
(c) Debentures
25
A wide range of rating from SB1 to SB16 helps in :
.
(b) false
30
Longer the tenure of a security, lower the haircut.
.
(b) false
L0265
3. From which year Liquidity Coverage Ratio (LCR) for liquidity risk management will be created?
(a) 2013
(b) 2015
(c) 2016
4. There were no pillars under Basel I. How many pillars are under Basel III?
(b) 3
5. The Basel Committee on Banking Supervision published the first version of Basel III in 2010.
(a) true
6. Which one of the following is not an impact on the Financial System as per the Provisions of Basel I
7. Banks will face a significant additional capital requirement under Basel III.
(d) Yes
(a) 65 %
11 . Basel III recommendations will improve the banking system by increasing the skills to cover the sho
financial crisis. Basel III will also increase the financial risk.
(b) false
(d) To improve the ability of banks to withstand periods of economic and financial stress by presc
more stringent capital and liquidity requirements for them.
13 . What should be minimum capital as per Basel III prescription (in INR)?
15 . As per the definition, Basel III is a comprehensive set of reform measures designed to improve
(b) Supervision
(c) 4.5%
18 . What is the estimated amount that the Indian banks will be required to raise as additional capital in n
nine years besides lowering their leveraging capacity. (Rs in crore)
(b) 5,00,000
20 . Basel III is only a continuation of effort initiated by the Basel Committee on Banking Supervision to
enhance the banking regulatory framework under Basel I and Basel II.
(b) false
22 . ______ days Liquidity Coverage Ratio (LCR) is intended to promote short-term resilience to potentia
liquidity disruptions.
(c) 30
23 . The leverage ratio is implemented on a gross and un-weighted basis not taking into account the risk
related to the assets.
(a) true
24 . From which year Net Stable Funding Ratio (NSFR) will be introduced?
(a) 2018
26 . Net stable funding ratio is designed to encourage and incentivise banks to use stable sources to fun
activities to reduce the dependency on short term wholesale funding.
(a) true
29 . The Basel III is to be implemented by banks in India as per the guidelines issued by
(c) RBI
30 . Basel III proposal qualitatively impacts both on individual banks and financial system. Which of the
following is not included in the impact on individual banks?
(b) 10
5. The safe deposit receipt for the deposit of box of duplicate keys received from the other branch sho
entered in
9. Your Tech savvy clerk suggests use of kaspersky anti virus software as the present anti virus softwa
not working properly, what will you do as a BM
(c) Customers
14 . Your officer complains of slow connectivity while using LOS software as a BM what will you do?
15 . The BM/ Police authorities while making a surprise visit to the branch at odd hours should note their
observations in
(c) Guard inspection register
(c) LHO
(a) Cleanliness
21 . BM, in order to foster robust security arrangement should maintain cordial relationship with
(c) Police
(c) Yearly
(c) RBI guidelines related to KYC and Anti Money Laundering norms
11
Compliance is applicable to
.
(d) All of Banks varied business activities and functions including the above
12
Compliance
.
(c) Are the right compliance matters being escalated and actioned at the
appropriate levels?
19
Core areas of compliance comprise
.
(b) All compliance breaches in core areas as also significant breaches in non-
core areas have to be put up to the ACB
25
Who is the head of compliance function in our bank?
.
3 . Duplicates of all important keys entered in the Branch Key Register must be greased
and labelled, and all keys held by each supervising official will be placed in:
(a) Separate packets, which will be sealed with personal seals of the officials
concerned
(c) Separate packets, which will be sealed with personal seals of the Branch
Manager
4 . All other general keys that are handled by different staff members must also be
entered
5 . At branches where currency chest or small coin depots are not maintained and no
strong room has been provided, which of the following statements is right.
10 . Messengers/cash coolies must not be entrusted with the duty of stacking notes in the
cupboards/bins.
(a) true
13 . Where the safe deposit vault is entirely separate from the strong room, the protective
arrangements permit:
(a) Only the grill door being kept locked during the day
(b) Controlling Authority may allow it to be locked during the day only with the key
of the officer in charge of the locker
(c) This is to obviate the necessity of the Cash Officer or other supervising officer
to attend each time an operation takes place.
(a) Must be interchanged with that of another vacant locker before being let out to
another hirer and the safe deposit locker key register should be amended accordingly.
(b) Need not be interchanged with that of another vacant locker before being let
out to another hirer
16 . The strong room at the currency chest branches should have adequate capacity to
store fresh / re-issuable notes/coins and soiled / non-issuable notes respectively for a
period of:
18 . The grille door of the strong room, which should have locking facility from
(d) Must not be divulged even to the concerned employees earlier than necessary.
20 . Every day before opening and closing the strong room which one of the following
statements is true for verification and guarding:
21 . How many armed guards should take position at the entrance of the strong room,
each time it is opened for operations?
(d) one
(c) Anti-termite
24 . Which of the following to be kept in the strong room in the joint custody of the Cash
Officer and an authorized Supervising Official who will be an official not below the
rank of an Accountant
26 . The remittance boxes when despatched to the RBI, should be filled, packed and
sealed strictly by following the prescribed procedure in the presence of:
27 . At branches guarded round-the-clock, the original and duplicate set of keys of branch
premises should be entrusted respectively to:
28 . The authority who should adhere to the ceilings, depending upon the type of the
strong room provided at their branches is
29 . For the safety of the treasure stored in the currency chest / repository, it is essential
that the concerned strong rooms are guarded round-the-clock by:
(a) Armed guards, who may be Bank's own guards or police guards
(a) Public transport, like state transport buses, should be used by engaging
earmarked seats
L0283
2 . As per the RBI instructions, branches maintaining currency chest/ repository must be
guarded
3 . Carrying of any weapons and / or firearms and explosives in the Bank premises is
strictly prohibited without the prior permission of the Branch Manager. However
--------- permitted to enter the branch.
(a) Yearly
5 . No insurance cover is required for chest to chest remittance or for remittance from our
branch to RBI or vice versa which is escorted by Police.
(a) true
6 . Branch Managers should ensure that the property at their branches is adequately
insured with the following type of insurance policies.
7 . Who is personally responsible for arranging proper use and custody of the fire arms
8 . The Disaster Prevention and Recovery Plan, duly approved by the Controlling
Authority, is on the branch record. It need not be tested periodically for its
effectiveness if the CA approves it.
(a) true
(a) Only authorised and trained guards whose names appear in the Gun licence
(b) Two
12 . In case of unguarded branches and branches which are guarded only during
business hours, cleaning work is carried out under the supervision of the Branch
Manager / nominated official.
(a) true
15 . The guards/watchmen must be medically checked for their physical fitness once in
--------------- years to ensure that they are physically fit and not found wanting when
the situation demands.
(b) Two
16 . The effective life of cartridges stored in airtight containers is reported to be --------
years and these should be entrusted to the guards for their regular use not later than
------------ years from the date of their purchase.
(a) 5 and 3
17 . The Bank's Armourer should also carry out inspection of each gun at least once in
(d) a year
18 . On arrival of the Branch Manager, the guard on duty gives ----------- report to the
Branch Manager.
(c) All OK
20 . Electronic alarm system should be kept in ---------- position during working hours.
(a) "On"
22 . At branches, which are guarded only during working hours, the gun is kept overnight
23 . Cartridges should be purchased only from the authorised ammunition dealers. A stock
of ------------ cartridges per gun is considered to be adequate
(b) 20
(a) Staff
26 . An electronic alarm system should be provided at all the branches except rural
branches, where the decision whether to install the system will be taken by the
Controlling Authority on the recommendations of the Branch Manager. The system
should be tested --------------- by activating the switches
(b) Daily
28 . The branches, which are apparently exposed to the natural calamities, as also the
branches situated in, very sensitive areas, should prepare a
30 . The Police Beat Book kept with the guards is verified to confirm that ----------------
regularly calls at the branch during nights
1 . When the repayment of a crop loan (Agricultural Cash Credit - ACC / Kisan Credit
Card - KCC) becomes overdue, the account should be classified as NPA when
(c) Either A or B
(c) 6
(b) 5
4 . If the stock statement date is older than 120 days, the Risk Grade of the account
would be
(b) 2
5 . If a CC/OD or DL/TL account is irregular for 60 days, the arrear condition applicable is
(c) 703
7 . The amount of Unrealized Interest in a NPA account can be viewed from Short
Enquiry in the____ field
(b) URI
10 . The NPA date for a DL/TL account can be viewed from _____ Screen.
12 . The NPA Reckon Date for an AGL account can be viewed from ______ screen.
13 . CBS will not permit an upgrade in the IRAC Status of an account if any amount is
outstanding in___ field
15 . While creating a AGL crop loan account, the system calculates the NPA reckon rate
on the basis of
(c) 26
17 . Stamping means
(c) Updating of Old IRAC Status with New IRAC Status
21 . The option to be selected under Interest Adjustments for forced interest capitalization
is
24 . After removal of Arrear Condition, a user wants to manually upgrade the New or Old
IRAC Status of an account. The menu navigation is
2. Correct order of steps involved in decision making process as per the model discussed in the cours
(b) Define problem, identify alternatives, set criteria, evaluate criteria, choose an alternative
(a) Rules
5. Which of the following styles would you adopt to solve complex and important problem and when yo
enough time?
(c) Planning
6. Living up to what is expected by people close to you is a part of ---------- stage of moral developmen
(a) Convention
9. Policies, Rules, Systems and Procedures are considered at the time of ------- in problem solving pro
(c) Decision
12 . What style of decision making would you adopt when the stakes are very high and it is important no
lose?
14 . If the first alternative is chosen with little thought, it is called ------------ style
(a) Impulsive
15 . Which of the following is a question to ask oneself before taking a decision in the area of systems a
procedures?
16 . Which of the following decision making styles would you adopt when the authority to take a decision
vested in you?
(b) Dependant
(c) Delaying
(b) Participative
20 . Where sufficient data cannot be obtained or rules are ambiguous, the following type of decision may
to be resorted to:
24 . The study of moral values or principles that guide our behaviour is called
(d) Ethics
(b) Symptoms
26 . Which one of the following statements is true as per the model discussed in the e-lesson?
27 . Group decision making will make easy the following stage of problem solving process, due to involv
of team in the decision making process.
(b) Intuition
(a) Power
(c) Pre-convention
32 . Which one of the following is required at every stage of decision making and problem solving proces
(d) Unethical
35 . Which of the following is the odd one out in regard to the requirements in group decision making pro
36 . One of the following is the odd one out with respect to characteristics of decision making.
(c) Intuition
40 . Majority of the important and complex decisions are required to be taken in the organization by follo
------- style
(b) Dependant
(c) Planning
(d) Intuitive
L0109
1 . State Government Guaranteed accounts attract the same IRAC norms as any other
account.
(a) true
2 . The outstanding LCs/BGs add to risk weighted assets and bring down the Banks
CAR.
(a) true
3 . The books of the Bank are required to be closed as on 31st March every year as per
4 . Which of the following answer is not correct? At the close of the day physical cash at
the branch should be equal to
(b) 90 days
6 . The Banks lower CAR under Basel-II as against under Basel-I indicates that the loan
data was not adequately cleansed.
(a) true
(d) DA1
(b) false
11 . The corresponding BGL and CGL accounts should have same balance.
(a) true
13 . If there is any credit entry in Branch Clearing general Account more than 5 years old,
it has to be segregated and transferred to
(a) Borrower-wise
15 . Debit balance in Sundry Deposit, Credit balances in Stamp A/C & Stationery A/C will
result in Weekly Abstract not tallied
(a) true
16 . As on 31st March or at a predetermined date, NPA accounts under new IRAC status
will be confirmed under Actual/Old IRAC status.
(a) true
17 . As on 31st March all Government accounts are zeroised in GBSS system
(b) false
18 . The details of non zero system suspense accounts listed in GLCNTR Report are
separately grouped and reported in
19 . Debit balances in Current Accounts and Credit Balances in Cash Credit and ACC will
render Weekly Abstract unbalanced
(b) false
(b) CDC
23 . Branches should vouch accrued interest in respect of eligible loan accounts in their
books
(b) false
24 . While writing off, the outstanding in the loan account should be debited to the LHO
through IBTS Account manually.
(a) true
27 . Income receivable but not realized relating to the current year such as Government
commission will be automatically vouched at CDC level
(b) false
(c) FinanceOne
29 . Excess cash entries other than ATM related outstanding for more than six months
should be transferred as on the last working day of February to
30 . An account, where the limits have not been renewed / reviewed within _____ from the
due date, will be treated as NPA.
(a) true
(b) false
35 . The Branch Suspense Account should have zero balance at the end of the day.
36 . If the irregularity amount less than one EMI is outstanding for more than 90 days, the
account will become NPA
(b) false
37 . In respect of advances under consortium, the record of recovery of individual member
banks need not be the basis for classifying the account under IRAC norms.
(b) false
(a) true
39 . All adjusting entries which are originated at the branch during the current year should
be reversed on
1. Value Statements relating to Custody & handling of keys would come under:
2. As part of Risk Based Supervision initiative, banks are required to put in place -
3. Transaction testing is -
4. Which group of branches would have higher weightage in ARF for External Compliances
5. What is the primary criteria used under RFIA for segregating the branches:
7. Chairman oversees the total Audit function of the Bank. State True or False
(b) false
8. Which of the following is not one of the sub-core parameters under Operational Risk Management in
(a) Documentation
9. RFIA refers to -
(b) Risk Focussed Internal Audit
10 . The concept of Risk Based Supervision is related to which of the pillars of the Basel Accord?
(a) I
(b) II
(c) III
(b) RBI
(b) 3
15 . Management Letter is not mandatory for all branches. State True or False
(a) true
(a) A Plus
17 . What are the scores allotted for Self-Audit in the ARF?
(a) 10
(b) <55%
19 . Which is a systematic and timely examination of financial transactions on an ongoing basis to ensur
accuracy & compliance with procedure and guidelines.
20 . Which group of branches would normally have higher weightage in ARF for Operational Risk Manag
21 . What minimum percentage a branch needs to score to get a Well Controlled rating.
(c) 85%
(d) 50
24 . Irrespective of the scores obtained by it a branch will be rated Not Satisfactorily Run if -
25 . Time norms for submission of compliance remarks by Branch to Controllers would be __ weeks.
(c) 8 weeks
26 . The purpose of RFIA to focus the audit on -
(a) 4
(a) Plan devised to maintain and build competitive advantage over the
competition.
(c) A discipline that combines research and experience to understand people and
their interactions.
10 . OD Interventions involve
(a) Individuals
(b) 3
(a) 2
(a) CEO
(a) 6
(a) 2
24 . There are _____ sub factors under factors related to target of change
(a) 2
(a) Planned
(a) 7
30 . Planned in OD means;