BANKS INTERNAL PROMOTION TEST V

The rate of discount at which the Net Present Worth of the project becomes zero is known as........


For projects costing above Rs.10 lakh in manufacturing sector and above Rs. 5 lakh in business sector under the PMEGP, the eligibility criterion regarding educational qualification of the beneficiary is ………


What would be the maximum extent of guarantee cover available from CGTMSE for a borrower availing credit facilities of Rs. 80 lakh?


If the projected annual turnover is Rs. 400 lakh, what should be the minimum working capital limit as per Nayak Committee Recommendations?


What is the maximum project cost under Prime Minister’s Employment Generation Programme (PMEGP) for business/service sector and manufacturing sector?


Which of the following is not correct with regard to advances under the SGSY scheme?


A company is availing credit facilities from your branch. Which among these credit facilities does not require registration of charges u/s 125 of Companies Act 1956 for :


For coverage under Lok Adalat the claim amount should not exceed ……..


Which of the following would reflect diversion of funds in a borrowal account?


What would be the Current Asset if Net Working capital is 100 and Current Ratio is 1.25:1?


The maximum number of shareholders in public limited company is:

(a) 1,500

(b) 2,500

(c) 3,500

(d) No limit


As a banker, you have granted a loan to a limited company against pledge of stocks. Within how many days the charge particulars should be got filed with Register of Companies from date of creation of the charge?

(a) Within 30 days

(b) Within 60 days

(c) Within 90 days

(d) No registration needed


On CRR the banks get interest at the rate of ___ on ___:


What is the time period of depositing of TDS Where tax is deducted from April to February?

A) Within 7 days from the end of the month in which tax is deducted

B) Within 10 days from the end of the month in which tax is deducted

C) Within 15 days from the end of the month in which tax is deducted

D) At the Quarter end


Project finance is a method of funding ……?

A) In which the lender looks primarily to the revenues generated by a single project.

B) Where the repayment of the exposure is dependent on the cash flows generated by the specific assets that have been financed and pledged or assigned to the lender.

C) Refers to structured short-term lending to finance reserves (e.g. minerals reserves), inventories, or receivables of exchange-traded commodities where the exposure will be repaid from the proceeds of the sale of the commodity.

D) None of these


Which one of the following is known to be the Object Finance?

A) In which the lender looks primarily to the revenues generated by a single project.

B) Where the repayment of the exposure is dependent on the cash flows generated by the specific assets that have been financed and pledged or assigned to the lender.

C) Refers to structured short-term lending to finance reserves (e.g. minerals reserves), inventories, or receivables of exchange-traded commodities where the exposure will be repaid from the proceeds of the sale of the commodity.

D) None of these


Which one the following is known as commodity finance?

A) In which the lender looks primarily to the revenues generated by a single project.

B) Where the repayment of the exposure is dependent on the cash flows generated by the specific assets that have been financed and pledged or assigned to the lender.

C) Refers to structured short-term lending to finance reserves (e.g. minerals reserves), inventories, or receivables of exchange-traded commodities where the exposure will be repaid from the proceeds of the sale of the commodity.

D) None of these


Branch Office Level Authority to impound Counterfeit Notes :

A) The Counterfeit Notes can be impounded by all branches of All Banks

B) Currency Chest Branches of Public Sector Banks only

C) The Counterfeit Notes can be impounded by all branches of Public Sector Banks.

D) All Branches of Commercial Banks


FIR to be lodged immediately through Nodal Bank Officer.The counterfeit notes should be forwarded through the Nodal Bank officer to the local Police Authorities or the Nodal Police Station for investigation by filing FIR

A) In case of detection of counterfeit notes of 10 or more pieces in single transaction

B) In case of detection of counterfeit notes of 1 or more pieces in single transaction

C) In case of detection of counterfeit notes of 5 or more pieces in single transaction

D) In case of detection of counterfeit notes of 2 or more pieces in single transaction


When a banknote tendered at the counter of bank branch is found to be counterfeit,

A) No acknowledgement receipt should be issued to the tenderer.

B) An acknowledgement receipt as per format should be issued to the tenderer, after stamping the note

C) Tenderer should be asked to contact the Local Police for acknowledgement receipt for the counterfeit notes

D) None of these


Under PMEGP scheme loan cases above Rs 2 Lakhs Upto Rs 25 Lakhs to be disposed off within

A) 1 Week

B) 2 Weeks

C) 3 weeks

D) 4 weeks


MSE account may be treated to have reached the ‘handholding stage’; if

A) There is delay in commencement of commercial production by more than six months for reasons beyond the control of the promoters

B) The company incurs losses for two years or cash loss for one year, beyond the accepted timeframe;

C) The capacity utilization is less than 50% of the projected level in terms of quantity or the sales are less than 50% of the projected level in terms of value during a year.

D) Any of the above


MSE Units identified under ‘handholding stage’ are to be given the handholding support to such units within

A) 1 month

B) 2 months

C) 3 Months

D) 4 months


A Micro or Small Enterprise (as defined in the MSMED Act 2006) may be said to have become Sick, if

A) Any of the borrowal account of the enterprise remains NPA for three months or more

B) There is erosion in the net worth due to accumulated losses to the extent of 50% of its net worth during the previous accounting year.

C) There is erosion in the net worth to the extent of 75%

D) a or b


For the purpose of interest subvention, the accounts (Long duration Crops) will be treated as irregular if any debit entry is not adjusted within a period of

A) 12 months

B) 18 months

C) 24 months

D) 36 months


For the purpose of asset classification, the repayment period for long duration crops will be

A) 12 months

B) 18 months

C) 24 months

D) 36 months


For the purpose of asset classification, the repayment period for long duration crops is

A) 12 months

B) 18 months

C) 24 months

D) 36 months


As per RBI guidelines Fixed Rate Loan is one where

A) Rate of interest is fixed for at least five years

B) Rate of interest is variable after every five years

C) Rate of interest is fixed for entire duration of loan

D) Rate of interest is fixed for at least three years


Under MTSS (Money Transfer Service Scheme )scheme, foreign remittances into INDIA are permitted for

A) Any amount

B) Only upto USD 2500 per annum

C) Only upto USD 2500 per transaction.

D) Only upto Rs: 50000/ - P.A.


The income ceilings for sanction of loans and submission of subsidy

claims under Interest Subsidy Scheme for Housing the Urban Poor -

(ISHUP) for EWS beneficiaries is

a) Rs.1,00,000/ as household income per annum

b) Rs.50,000/ as household income per annum

c) Rs 75,000/ as household income per annum

d) Rs.1,50,000/ as household income per annum







































































































































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