[STC-Salt Lake] Multiple Choice Questions for JMG, TO & MMGS-II

  • From: "Anup Sen, STC, Salt Lake City, Kolkata" <anupsen@xxxxxxx>
  • To: E-Group STC Salt Lake City Kolkata <banknews@xxxxxxxxxxxxx>
  • Date: Wed, 26 May 2004 13:06:44 +0530

From : E-Group, STC, Salt Lake, Kolkata
 

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Title: State Bank of India, Staff Training Centre, Salt Lake City, Kolkata

 

 

Multiple Choice Questions

JMG/TO/MMGS-II

 

 

Sr.No

Questions

Answer

1)     

What is counterpart scheme of Liquid Term Deposit Scheme in rural branches?

A.     MODS

B.     Kisan Mitra Yojana

C.     Kisan Mitra Jama Yojana

D.     Kisan Credit Card

 

 C

 

2)     

Cheque Book can be issued on a Kisan Credit Card Account is the loan amount of above

A.     Rs.25,000/-

B.     Rs. 50,000/-

C.     Rs. 1,00,000/-

D.     Rs. 75,000/-

 

 

A

3)     

Legal Expenses incurred by the Bank in respect of Protested Bills/Recalled Debt accounts are to be debited to?

A.     Respective PB/RD A/c.

B.     Charges A/c.(Legal Expenses)

C.     Charges A/c.(Sundries)

D.     B.O.D.

 

B

4)     

If an NRI makes a deposit under the Multi-Option Deposit Scheme, the deposit will be in the nature of

A.     NRE term deposit a/c.

B.     NRO term deposit a/c.

C.     NRNR account

D.     FCNR account

 

B

5)     

Plastic Cards implanted with computer chip to the data is know as

A.     Credit Card

B.     ATM Card

C.     Smart Card

D.     SME Card

 

C

6)     

No penalty will be levied for premature withdrawal of single deposit up to Rs????.. In respect of deposits from 15 days to less than 3 years.

A.     Rs.50000

B.     Rs.100000

C.     Rs.200000

D.     Rs.500000

 

B

7)     

Under SGSY a SHG  should consist of ---- members

A.     5-10

B.     10-15

C.     10-20

D.     15-20

 

 

C

8)     

When the network serves a small area of a building or group of building, it is known as

A.     WAN

B.     LAN

C.     WWW

D.     MAN

 

B

9)     

The Blue revolution related to

A.     Crops

B.     Fisheries

C.     Dairy

D.     Water

 

 

B

10)             

Minimum number of implements to be purchased along with tractor

A.     Four

B.     Three

C.     Two

D.     One

 

B

11)             

The software which our Bank has purchased for implementation of Core banking solutions

A.     e solutions

B.     Bank net

C.     B@ncs24

D.     Novell

 

C

12)             

How many times of Net Monthly Income, loan amount can be sanctioned under SCOOM Scheme?

A.     6 times

B.     9 times

C.     12 times

D.     24 times

 

A

13)             

Under PMRY scheme, the margin is

A.     5-15%

B.     5-15.25%

C.     10-25%

D.     5-16.25%

 

D

14)             

UPCDC 500 refers to

A.     Documentary Credits

B.     Documentary Collections

C.     Forward Contracts

D.     Bank Master

 

A

15)             

The working capital requirement in respect of SSI units in excess of Rs. 5 Crores will be assessed under:

A.     Nayak Committee

B.     Vaghul Committee

C.     Kapur Committee

D.     Projected Balance Sheet method.

 

D

16)             

The relationship between the Banker and hirer of Bank Locker is that of

A.     Debtor-Creditor

B.     Bailor-Bailee

C.     Licensor-Licensee

D.     Principal-Agent

 

C

17)             

Restriction on number of partners in a firm is imposed by

A.     Indian Companies Act, 1956

B.     Indian Partnership Act, 1932

C.     Indian Contract Act, 1872

D.     None of these

 

A

18)             

Balance in the account of a deceased constituent can be attached by.

A.     A Court Attachment Order

B.     A Revenue Attachment Order

C.     A and B

D.     None of the above

 

B

19)             

The certificate to commence business is to be called for, for perusal and return for opening of an account of:

A.     Public Limited Company

B.     Private Limited Company

C.     Club and Trust

D.     All of the above

 

A

20)             

What is the basic document to be obtained while opening a Trust Account?

A.     Trust Letter

B.     Trust Deed

C.     Trust Resolution

D.     Memorandum of Association

 

B

21)             

Inchoate Negotiable Instrument means:

A.     Post-dated cheque

B.     Pre-dated cheque

C.     Lost Instrument

D.     Incomplete Instrument

 

D

22)             

Software industries with individual credit limits upto Rs. 1 Crore are to be included in

A.     Priority Sector

B.     Commercial and Institutional segment

C.     Software Exports

D.     Business Enterprise

 

A

23)             

When funds from NRE accounts are repatriated the exchange risk is borne by:

A.     RBI

B.     Authorized Dealer

C.     Depositor

D.     Partly by A.D. and Depositor

 

C

24)             

Minimum suit amount for filing a case before Debt Recovery Tribunal is

A.     Rs. 1.00 Lac

B.     Rs. 5 Lacs

C.     Rs. 10 Lacs

D.     Rs.25 Lacs

 

 

C

25)             

Physical verification of draft forms is to be done at _____ intervals

A.     Monthly

B.     Quarterly

C.     Half yearly

D.     Annually

 

C

26)             

Application under SJSRY are sponsored by

A.     Panchayat Samiti

B.     District Industries Centre

C.     Municipal Council

D.     Block Level Bankers Committee

 

C

27)             

Articles of association of a company contains details regarding:

A.     Objectives of the Company

B.     Authorized capital of the Company

C.     Matter related to the conduct of day-to-day business of the Company

D.     Registered Office of the Company

 

C

28)             

Which of the following is not a measure of the profitability of the Branch?

A.     Gross Rate of Return

B.     Expenses Ratio

C.     Business per Employee

D.     Net Profit per Employee

 

C

29)             

The internet banking facility is known as

A.   OnlineSBI

B.   Net banking

C.   e pay

D.   SBI Connect

 

A

 

 

 

 

30)             

Corporate Banking Group has been formed with an aim of

A.     Management of Treasure and Forex products

B.     To take care of needs of large corporate customers

C.     International Banking Business

D.     Implementation of Systems and Procedures

 

B

31)             

Which of the following is not member of Circle Human Relations Committee (CHRC)

A.     Chief General Manager

B.     General Manager Commercial Banking

C.     General Manager D & PB

D.     Circle Financial Officer

 

D

32)             

In FCBs GENDA reports are to be checked by:

A.     System Administrator

B.     Accountant

C.     Branch Manager

D.     User Control Officer

 

C

33)             

The Audit Committee Board of the Bank has ____ members

A.     5

B.     6

C.     8

D.     9

 

B

34)             

Which is the Apex body for overall control of Risk Management functions reporting to the Bank?s Board.

A.     Audit Committee

B.     Asset Liability Management Committee

C.     Basle Committee

D.     Integrated Risk Management Committee

 

D

35)             

Pre-requisite for a holder to become a holder in due course is that he should obtain a negotiable instrument:

A.     Duly endorsed and delivered

B.     Duly delivered

C.     For valid consideration

D.     None of the above

 

C

36)             

Under the National Banking Group the LHO function as

A.     Strategic Business Units

B.     Development and Personal Banking

C.     Commercial Network

D.     Retail Network

 

A

37)             

As per Bank?s loan policy Medium Term Loan component should not exceed  ___of aggregate non food advances of the Bank.

A.     15%

B.     30%

C.     50%

D.     60%

 

B

38)             

Under SME Credit Plus the units rated _____ and above are eligible

A.     SB3

B.     SB 2

C.     SB 5

D.     SB 4

 

D

39)             

Under SSI segment Composite Loan Limit is

A.     Rs.10 Lacs

B.     Rs. 25 Lacs

C.     Rs. 50 Lacs

D.     Rs. 100 Lacs

 

C

40)             

The minimum DSCR to be eligible  for availing of finance under SBI Shoppe

A.     2

B.     1.25

C.     1.50

D.     1.75

 

D

41)             

Bank Master is multi-currency software, which can support?currencies.

A.     49

B.     99

C.     109

D.     149

 

B

42)             

Bank Master software works on:

A.     Windows only

B.     DOS

C    None of the above

D.   A&B

 

B

43)             

Expand SMA:

A.     Special Monitoring Accounts

B.     Special Management Approvals

C.     Special Monetary Accounts

D.     Special Mention Account

 

D

44)             

Take over of advance from which Bank is not permitted:

A.     Co-operative Bank

B.     Nationalized Banks

C.     Our own Branches

D.     Associate Banks

 

D

45)             

What is primary security for SME Credit Plus?

A.     Stocks/Book Debts

B.     Land and Building

C.     Third Party Guarantee

D.     Clean

 

D

46)             

The balance of Currency Transfer Account is transferred on

A.     30th Sept and 31st March

B.     30th April and 31st Oct

C.     28th Feb. and 31st July

D.     31st Dec and 30th June

 

B

47)             

Under SME CREDIT PLUS loan once drawn cannot be outstanding for more than ??. months.

A.     1

B.     2

C.     3

D.     6

 

B

48)             

Under Savings Plus the auto sweep is carried on

A.     1st of every month

B.     15th of every month

C.     10th and 20th of every month

D.     30th of every month

 

C

49)             

Under Commercial and Institutional Documentation C 5 is

A.     Hypothecation Agreement

B.     Mortgage

C.     Guarantee Agreement

D.     Letter advising grant of Credit facilities

 

 

D

50)             

The periodicity of FFR I is

A.     Quarterly

B.     Monthly

C.     Half Yearly

D.     Yearly

 

A

51)             

Amongst the following schemes which one is applicable to C&I segment

A.     Rent Plus

B.     Mortgage Loan

C.     SME Credit Plus

D.     Rural Godown Scheme

 

A

52)             

Stock Audit is compulsory for credit limit of Rs.____ and above

A.     2 Crores

B.     1 Crores

C.     5 Crores

D.     10 Crores

 

C

53)             

What is the maximum period for which bridge loan can be sanctioned

A.     4 Months

B.     3 Months

C.     2 Months

D.     12 Months

 

A

54)             

Right of set off cannot be exercised by the Bank in respect of

A.     An ascertained debt

B.     A Time barred Debt

C.     A Contingent Debt

D.     Subordinated Debt

 

C

55)             

Audited Balance Sheet will have to be prepared by business entities irrespective of their constitution if the annual turn over is Rs.

A.     10 Lacs

B.     45 Lacs

C.     30 Lacs

D.     40 Lacs

 

D

56)             

The PMRY scheme stipulates reservation for the SC/ST to the extent of:

A.     15.50%

B.     20.50%

C.     22.50%

D.     27.50%

 

C

57)             

Which among the following is not an actionable claim

A.     TDR

B.     Book Debts

C.     LIC Policy

D.     Shares

 

D

58)             

Investment ceiling in plant and machinery for Hosiery SSI unit is:

A.     60.00 lacs

B.     100.00 lacs

C.     300.00 lacs

D.     500.00 lacs

 

D

59)             

LIC Policies accepted as cover for advances are entered in

A.     Branch Document Register

B.     Power of Attorney Register

C.     Security Ledger

D.     Misc. Securities Register

 

D

60)             

The Bank collects the supply bills on behalf of its borrowers on the basis of the following documents signed by them

A.     Mortgage Deed

B.     Mandate

C.     Hypothecation Agreement

D.     Power of Attorney

 

D

61)             

Provision on unsecured portion of doubtful assets should be provided at ------- %.

A.     20

B.     30

C.     50

D.     100

 

D

62)             

Assets Hypothecation Register is maintained in respect of

A.     Special Hypothecation Account

B.     Cash Credit (Lock and Key)

C.     Term Loan Account

D.     Machinery

 

A

63)             

Hedging means

A.     Protecting against fluctuation, uncertainty, risk in forex markets

B.     Speculative buying/selling of foreign currency

C.     Credit Risk Assessment in respect of advances

D.     None of the above

 

A

64)             

MIXED FARMING means:

A.     Multiple Cropping

B.     Availing both ACC and ATL

C.     Availing ACC, ATL, KGC and Agri. Gold Loan

D.     Undertaking cultivation & Allied Activities

 

D

65)             

Daily transactions regarding the implementation of Annual Credit Plan is reported to lead bank in:

A.     LBR 1

B.     LBR 2

C.     LBR 3

D.     LBS 1

 

B

66)             

Refinance in respect of Composite Term Loans granted to village industries is obtained from

A.     District Industries Centre

B.     RBI

C.     NABARD

D.     SIDBI

 

C

67)             

Section 45 Z of Banking Regulation Act, 1949 relates to

A.     Return of unclaimed deposits

B.     Permission to open new branches

C.     Maintenance of Currency Chest

D.     Nomination facility

 

D

68)             

What is a contract of Insurance?

A.     It is a contract of indemnity.

B.     It is a contract of pledge.

C.     It is a contract of guarantee.

D.     All of above.

 

A

69)             

Contribution in the break even analysis stands for

A.     Sales minus fixed costs

B.     Variable Costs

C.     Sales minus Variables Costs

D.     Margin

 

C

70)             

A charge in respect of the assets of a Company has to be registered with the Registrar of Companies within ____ days

A.     90

B.     60

C.     180

D.     30

 

 

D

71)             

For booking unrealized interest of previous year the entries are passed at

A.     Branches

B.     Zonal Office

C.     Local Head Office

D.     CAO Kolkatta

 

D

72)             

Which one of the following is a not recommendation of Goiporia Committee?

A.     Customer Education

B.     Instant credit of outstation cheques up to Rs.7500

C.     Enhancement in savings bank interest rate

D.     Door to door campaign for deposit mobilization

 

D

73)             

Which of the following conditions are required to be fulfilled for booking partial interest in NPA account?

A.     There is reduction in irregularity.

B.     Such reduction is not out of fresh sanction of loan

C.     Such reduction is not out of additional overdrawing

D.     All of the above

 

D

74)             

Import License are issued for ____ value

A.     FOB

B.     CIF

C.     FOR

D.     Cost

 

B

75)             

Under Agriculture segment opinion reports are required to be compiled when the advance exceeds

A.     25000

B.     50000

C.     100000

D.     15000

 

C

76)             

SFMS stand for

A.     Structured Financial Messaging Solutions

B.     Small farm Mechanisation Scheme

C.     Small Farmers Members Society

D.     None of these

 

A

77)             

Revival Letter to be signed by Guarantor in respect of Agricultural Advances is

A.     AB2

B.     AB6

C.     AB5

D.     AB1

 

 

 

C

78)             

Probate of will issued by the Court is under--------

A.     Hindu Succession Act

B.     Indian Succession Act

C.     Succession Act

D.     Indian Contract Act

 

B

79)             

The repayment period of Gold loan for public is

A. 30 months

B. 36months

C. 48 months

D. 60 months

 

 

A

80)             

A safe custody account in the name of a minor can be opened only in respect of

A.     A Term Deposit Receipt

B.     Government Securities

C.     Company Shares

D.     LIC Policies

 

A

81)             

In which of the following locker accounts nomination is allowed

A.     Either or Survivor

B.     Both or Survivor

C.     Any one or Survivor

D.     Both to operate with no survivorship option

 

D

82)             

Under SBI Gold Card scheme free insurance cover for Air accidents is

A.     Rs.10.00 Lacs

B.     Rs. 2 Lacs

C.     Rs. 4 Lacs

D.     Rs. 8 Lacs

 

A

83)             

Under which series of drafts, Associate Banks will issue a draft of Rs. 50 Lacs

A.     HC

B.     HL

C.     FL

D.     TL

 

B

84)             

What is present rate at which the USROMD is written off?

A.     25% of flat rate

B.     20% of flat rate

C.     10% of flat rate

D.     5% of flat rate

 

D

85)             

The Banks position vis-à-vis the customer in respect of collection of bills is

A.     Principal

B.     Agent

C.     Bailee

D.     Trustee

 

B

86)             

Bill of Lading is issued by  ???

A.     RBI

B.     Director General of Foreign Trade

C.     Customs Authority

D.     Shipping Company

 

D

87)             

Payment of a TT Purchase is made by debit to

A.     Branch Clearing General Account

B.     IBIT Account

C.     Suspense Account

D.     TT?s Purchase Account

 

A

88)             

The legend care new account will be marked in the new accounts for a period of

A.     3 months

B.     6 months

C.     9 months

D.     12 months

 

D

89)             

While granting housing loan to staff members, non encumbrance certificate for a period of ___ years is to be obtained

A.     30 years

B.     12 years

C.     13 years

D.     20 years

 

C

90)             

Under the MODS, for order of breaking deposits in the absence of any selective mandate from depositors, the system of ____ will be observed.

A.     FIFO

B.     LIFO

C.     FILO

D.     LILO

 

B

91)             

The cut off score under credit scoring model for Personal loans where tie up is available

A.     40

B.     50

C.     60

D.     75

 

B

92)             

The depositor is he makes a deposit under the SBI tax saving Term Deposit scheme gets exemption from one of the under noted tax

A.     Income Tax

B.     Gift Tax

C.     TDS

D.     Capital Gains Tax

 

D

93)             

As per Income Tax rules electrical fittings have to be classified under

A.     Other Plant and Machinery

B.     Furniture and fittings

C.     Separate Head

D.     Repairs to Banks property

 

B

94)             

Depreciation on the Networked ATM?s and VSAT is calculated and borned by

A.     Designated Branch

B.     Respective Zonal Office

C.     Respective LHO

D.     Corporate Centre

 

C

95)             

Under FCNB scheme, who absorbs the exchange risk involved

A.     The Bank

B.     Government of India

C.     RBI

D.     The Depositor

 

A

96)             

S.L.Kapur Committee recommendations relates to:

A.     Agri. Financing

B.     SSI Financing

C.     SBF Financing

D.     None of the above

 

B

97)             

The amount recovered in the written off accounts is credited to

A.     Protested Bills Account

B.     AUCA

C.     Charges Account

D.     Remitted to LHO

 

C

98)             

Committee headed by Mr. Kalia was set up for

A.     Financing feature films.

B.     Investment in Plantations Companies.

C.     Financing Infrastructure/Core Activities.

D.     To study role of NGO/SHG.

 

D

99)             

When a customer buys foreign currency travelers cheques from our branches it is a

A.     Sale transaction for the bank

B.     Purchase transaction for the bank

C.     Inter bank transaction

D.     TT Purchase transaction

 

 

A

100)        

The balances in the following accounts are fully repatriable

A.     NRE, FCNB and NRO

B.     NRE, FCNB and RFC

C.     NRE, NRO and RFC

D.     FCNB and NRO

 

B

101)        

Indian citizens proceeding abroad for medical treatment can avail of foreign exchange without producing documentary proof to the extent of

A.     US$ 1 Lac

B.     US$ 30000

C.     US$ 75000

D.     US$ 50000

 

A

102)        

A resident Indian can retain unspent foreign exchange with him to the extent of

A.     US$ 2000

B.     US$ 1000

C.     US$ 3000

D.     US$ 5000

 

A

103)        

Which of the following activities are not covered under PMRY?

  1. Horticulture
  2. Poultry
  3. Piggery
  4. Raising Crops

 

D

104)        

When does the limitation of counter guarantee starts?

  1. From the date of issue of Bank Guarantee
  2. From the date of payment made by the Bank against guarantee
  3. Both of the above.
  4. None of the above

 

B

105)        

A student, for higher studies abroad, can take foreign exchange from Authorised Dealers without documentary evidence to the extent of

A.     US$ 50000

B.     US$ 100000

C.     US 75000

D.     US$ 25000

 

B

106)        

 KRISHI PLUS  is introduced for purchase of ????

  1. Old Tractor and implements
  2. New Tractor and implements
  3. New or old tractor with old implements
  4.  All of the above

 

B

107)        

Our Bank has set a target to bring down Net NPA to ??.

by March,2005.

  1. 2%
  2. 3%
  3. 4%
  4. 5%

 

A

108)        

Single Window refers to

A.     Providing single window at a branch

B.     Providing all services at one counter

C.     Simplified Accounting branch

D.     Simple Work

 

B

109)        

As of now how many volumes of Banks Book of Instructions are in vogue?

A.     6

B.     7

C.     8

D.     9

 

D

110)        

Usance export bills discounted by the bank is debited to

A.     DD Purchase Account

B.     Bill of Exchange Account

C.     Foreign Currency General Account

D.     Inland Bills Account

 

B

111)        

Cash kept under Guarantee Bond System should be examined within ??. days.

A.     10

B.     15

C.     20

D.     30

 

B

112)        

Maheswari Committee relates to ??.

A.     Financing to SSI

B.     Agri. Finance

C.     NPA Management

D.      Insurance Sector Reforms

 

C

113)        

The following categorized branches report all foreign transaction to FD  and submit R returns to RBI

A.     A,B and C1

B.     A, B , C1 and C2

C.     A and B

D.     B, C1 and C2

 

C

114)        

At what rate depreciation is charged on Software?

A.     33.33% as per SLM

B.     60.00% as per SLM

C.     33.33% as per WDV

D.     60.00% as per WDV

 

D

115)        

Returning non resident account holders can open RFC accounts in

A.     US Dollars, Euro, JY and Stg.Pound

B.     US Dollars only

C.     US Dollars , Sterling Pound and Euro

D.     Sterling Pound only

 

B

116)        

What is maximum period for which deposits under NRNR is accepted.

A.     1 year

B.     2 years

C.     3 years

D.     Scheme has been discontinued.

 

D

117)        

An Indian citizen deputed to Indian Embassy in Paris for a fixed term of two years is a

A.     Non resident India

B.     Resident

C.     Foreign National

D.     Citizen of Paris

 

A

118)        

Validity period of Equitable mortgage is

A.     3 years

B.     12 years

C.     13 years

D.     30 years

 

B

119)        

Government cheques are valid for

A.     One month from the date of issue

B.     During the month of issue

C.     Three months after the month of issue

D.     Twenty one days from the date of issue

 

C

120)        

Who is authorized to pass   entries through Sch.No.9 and 10?

A.     Accountant

B.     Field Officer

C.     Branch Manager

D.     Controlling Authority

 

C

121)        

Two wheelers  financed to agriculturist under

A.     SCOOM

B.     ATL

C.     KGC

D.     Personal Loan

 

B

122)        

Under Krishi Plus the minimum educational qualification of the applicant should be

A.     No minimum prescribed

B.     8th Standard

C.     SSC

D.     Graduation

 

B

123)        

Rakshak Plus scheme deals with purchase of

A.     House

B.     Security Alarm

C.     Tractor

D.     Ambulance

 

 

C

124)        

Under minor irrigation scheme, repayment for purchase of pumpsets is

A.     5 years

B.     7 years

C.     9 years

D.     12 years

 

C

125)        

The following document is obtained for conversion of ACC into ATL

A.     AB4

B.     AB7

C.     AB5

D.     AB8

 

B

126)        

To become eligible to avail General Purpose Term Loan under SSI, credit rating should be minimum

A.     SB 1

B.     SB 2

C.     SB 3

D.     SB 4

 

C

127)        

Under Core Banking CDC stands for

A.     Core Development Centre

B.     Central Data Centre

C.     Central Distribution Centre

D.     Core Data Centre

 

 

B

 

 

 

128)        

Green Channel Programme for Excellence refers to

A.     Award for highest KCC issuing branch

B.     Special Training Workshop for outstanding performer in rural credit

C.     The award for best agriculturist of the branch

D.     Best region award for implementing UCP in record time

 

B

129)        

The scheme Justice Plus is not applicable to

A.     Judges

B.     Court Clerks

C.     Advocates

D.     Tribunal Officers

 

C

130)        

The staff group insurance scheme is called as

A.     Swarnaganga

B.     Swarnakamal

C.     Swarnasuraksh

D.     Sudarshan

 

 A

131)        

BPR stands for

A.     Below Poverty Range

B.     Business Process Reengineering

C.     Bill Payment Register

D.     Business per Region

 

B

132)        

Stamp Duty payable on a promissory note payable otherwise than on demand depends on:

A.     Tenor only

B.     Amount & Usance period only

C.     Amount only

D.     None of the above

 

B

133)        

Under Pensioner Scheme maximum loan can be granted _____ times of pension

A.     4 months pension

B.     6 months pension

C.     12 months pension

D.     24 months pension

 

C

134)        

SSI application received for loans above Rs.25,000 and upto Rs. 5 Lacs should be disposed off within

A.     1 Week

B.     2 Weeks

C.     4 Weeks

D.     6 Weeks

 

C

135)        

Banks are required to obtain photographs of depositors as per the provisions of

A.     Banking Regulation Act.

B.     Negotiable Instrument Act

C.     RBI instructions

D.     Contract Act

 

C

136)        

In case of Garnishee order, who is called Garnishee

A.     Bank

B.     Judgement Debtor

C.     Judgement Creditor

D.     Court

 

A

137)        

Bankers Lien and right to set off derives its power from

A.     Banking Regulation Act

B.     NI Act

C.     SBI Act

D.     Contract Act

 

D

138)        

Under Krishi Plus scheme the tractor should run for minimum _____ hour?s p.a.

A.     600

B.     1000

C.     1500

D.     2000

 

C

139)        

Pravasi Plus Schme is for

A.     Relative or friends of NRI

B.     Tourists

C.     NRIs

D.     Travel Companies

 

A

140)        

Export performance Guarantee covers

A.     Guarantees, bid Bonds issued by bank

B.     Advances made against export incentives receivable

C.     Discount/purchase of bill

D.     None of above

 

A

141)        

A foreign draft issued by your branch is required to be cancelled. At what rate will it be cancelled?

A.     TT Selling Rate

B.     TT Buying Rate

C.     Bill Buying Rate

D.     Bill Selling Rate

 

B

142)        

Paryatan Plus scheme is for

A.     Tourists

B.     NRI

C.     For development of infrastructure at tourist centers.

D.     Railway Travellers

 

 

C

143)        

Under SME Credit Card the stock statement is to be obtained

A.     Once in a year

B.     Every month

C.     At quarterly intervals

D.     At half yearly intervals

 

A

144)        

Which of the following aspect has to be considered for treating an account   as NPA:

A.     Means of the borrower

B.     Means of the guarantor

C.     100% deposit in the Branch

D.     Repayment

 

D

145)        

Marginal farmers are those holding land up to:

A.     1 hectare(irrigated)

B.     2 hectares

C.     3 hectares

D.     4 hectares

 

A

146)        

Maximum number of days allowed for scrutiny of documents presented to Opening/Confirming Bank for payment of L/C are ---------

A.     7 days

B.     5 days

C.     7 banking days

D.     11 banking days

 

C

147)        

Under Credit Guarantee Fund Trust for small Industries 1% annual fee is to be borne by_____

A.     Respective Bank

B.     RBI

C.     Borrower

D.     50% by Bank and 50% by borrower.

 

C

148)        

Payment of Savings Bank interest is compounded ______

A.     Monthly

B.     Quarterly

C.     Half Yearly

D.     Yearly

 

C

149)        

Verified Date wise monthly statement should be sent to

A.     FSLO

B.     Focal Point Branch

C.     Controllers

D.     GAD Mumbai

 

A

150)        

The first two digits of draft number denotes:

A.     Circle code number

B.     Bank code number

C.     Branch code number

D.     None of the above

 

A

 

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