'Banking Awareness' for the IBPS-CWE(P.O.) & (CLERICAL CADRE) Online Test

The bank should get its' share listted on the stock exchange within --------------------year from commencement of bank's business.


The initial minimum paid up voting equity capital of the new banks should be Rs.-----------------billion and and the NOFHC shall initially hold a minimum of ---------------------% the of such voting paid up equity capital of the bank which shall be locked in for a period of ----------------------year and which shall be brought down to -------------------% within ------------------------year


Which of the following is correct statement?


To open new banks as proposed eligible entities should be financially sound with a

successful track record of ---------------------years besides having a past record of sound credential and integrity

success


Who are the following(s) is / are not the eligible promoter / entities for setting up new banks under private sector?


The promoter group has to set up a NOFHC and the bank within--------------------month from the date of in-principle approval.


NOFHC stands for:


RBI increased the validity period of the in-principle approval of setting new banks in private sector from 1 year to 18 months


Credit Analysis & Reaserch is:


Which of the following(s) can only be issued / originated by 'Blue Chip' (Highly Rated) companies?


In which of the following cases bank account can not be opened?


In 2011, ---------------------------committee recommended for revised criterion for Below Proverty Line (BPL) and for which another Committee has been set up under the chairmanship of------------------------------ to review the modalities considered by the earlier committee to define BPL


Match the followings in respect of Banker-Customer Relationship:

Realtionship Banking Facility

A, Lessor-Lessee a) SDV(Locker)

B. Debtor-Creditor b) Deposit Account

C. Creditor-Debtor c) Loans & Advances

D. Agent-Principal: d)Cheque / Bills Collection

E. Trustee- Benificiary e) DD issued by bank favouring a payee


Which of the following(s) is / are not Derivatives?


Match the followings:

Statutory Provision Section / Act

A, CRR of Scheduled Bank i) 49 of RBI Act 1934

B. CRR of Non-Scheduled Bank ii)Section 24 of Banking Regulation Act 1949

C. SLR of Schelued & Non-Scheduled Bank iii)Section 18 of Banking Regulation Act 1949

D. Issuing 'Bank Note' iv)Section 42 of RBI Act

E. Bank Rate: v)Section 24 of RBI Act 1934


Rate of interest for DRI Advance (Differential Rate of Interest) is -------------------% (simple / compond) and target under priority sector lending for DRI is 1 % of previous Year's (Total / Adjusted Net Bank) Credit


Education Loan for higher study in India upto-----------------------lac & for study in Abroad upto-------------------------lac falls under Priority Sector


Match the followings in respect of definition of the following priority sector borrower for the purpose of priority sector lending of banks:

Ceiling in Original Investment in Plant & Machinery: Amount in lac

A. Small Mfg. Enterprise (SME) a) 25

B. Small Service Enterprise (SSE) b)10

C. Micro Manufacturing Enterprise (MME) c) 200

D. Micro Service Enterprise d)500


UNDER MSME, first 'M' stands for:


Which of the following is neither Employment generation Programme / Scheme nor Employment Guarantee Scheme of GOI?


Which of the following(s) is / are not refers to Non-Fund Credit of the Bank?


Haricharan is the payee of a cheque given by Motelal to pay off the debt due to the former. Haricharan presented the cheque over the bank's counter on 19th. of September, 2013. Bank returned the Cheque instantly with the return memo containing "Insufficient Fund". Haricharan issued notice to Motelal for immediate payment and the latter received the notice on 30th. of October, 2013. If Motelal fails to pay within-------------------days of receipt of the notice, Haricharan should go to the Magistrate within---------------------days from the expiry of the date applicable under the first blank in this question to proceed criminally against Motelal under section---------------------of Negotiable Instrument Act 1881.


Negotiation of a Bearer Cheque is complete provided:


While 'Red Claused' Letter of Credit permits Packing Credit to the exporter, 'Green Claused' Letter of Credit permits:


GNP=GDP+NFIA. NFIA stands for:


In the Budget 2013-14, Rs. 1000 crore is alloted for establishment of------------------------bank under Public Sector


BPR stands for


Bank holiday is declared in terms of section 25 of ---------------------Act


Maximum loan amount to any small borrower to the extent of Rs. 50000/- falls under: tick the most appropriate


Under Basel III additional 2.5 % capital over & above existing minimum CAR requirement has to be kept for:


Cheque Truncation Scheme is associated with :


Delay in e-filling of TDS Return by the Deductor is subject to payment of penalty & Rs.--------------------per -------------------


Cash Transaction Report (CTR) & Suspicious Transaction Report (STR) under KYC / AML HAVE TO BE ULTIMATELY SUBMITTED TO:


Bank's Deposit Account in the name of minor can be in the form---------------------- (tick the incorrect)


BASEL III has to be implementained in full fledged as in:


Capital Conservation Buffer as per Basel III is:-----------------


Under basel III, Tier I capital should be minimum----------------------%


Marginal Standing Facility (MSF) which is availed by the banks from RBI can be against parking of---------------------securities by the banks with RBI: Tick the incorrect


CAPITAL CONSERVATION RESERVE OF ----------------% UNDER BASERL III NEEDS TO BE MAINTAINED W.E.F 31-03-2018


BASEL III HAVE ALREADY IMPLEMENTED W.E.F. 01-04-2013 BUT HAS TO BE COMPLETED BY---------------------.


BASEL III IS ASSOCIATED WITH--------------------RISKS


PROVISION COVERAGE RATIO FOR THE NON-PERFORMING ASSETS OF THE BANKS IS-------------------%


MAXIMUM CREDIT LIMIT TO MICRO & SMALL SERVICE SECTOR IS RS. --------------------------CRORE


BANKING HAS BEEN DEFINED IN ----------------------------


CAPITAL CONSERVATION BUFFER UNDER BASEL III IS -----------------------%


PRIORITY SECTOR LENDING TARGET FOR FOREIGN BANKS EORKING IN INDIA -----------------% FOR BANKS HAVING BRANCHES IN INDIA 20 OR MORE &------------------------% FOR THOSE WHO HAVE LESS THAN 20 BRANCHES IN INDIA


ONE TERM LOAN UNDER INDIRECT AGRICULTURE WILL BE NPA IF INTEREST AND OR INSTALLMENT REMAIN OVERDUE FOR ------------------DAYS


RBI INCREASES CRR / SLR, WHICH OF THE FOLLOWINGS IS / ARE INCORRECT?


RBI CAN NOT ISUUE NOTES UMLESS BACK UP IN THE FORM OF GOLD, FOREX RESERVES, OTHER BULLION, APPROVED SECURITIES ARE THERE TO THE EXTENT OF -------------------% AND OUT OF WHICH GOLD AND / OR MUST BE ----------------------%.


SUBSTANDARD ASSETS (SSA) UNDER PRUDENTIAL ACCOUNTING NORMS: WHERE THE LOANS & ADVANCES HAVE BECOME NPA AND REMAIN AS NPA NOT EXCEEDING --------------------MONTHS AND THE UNSECURED EXPOSURE (COMPONENT OF BALANCE OUTSTANDING NOT COVERED BY ANY SECURITY) IS -------------- % OR MORE, PROVISION HAS TO BE MADE @-------------------------%


A LOSS ASSETS ATTRACTS ------------------% PROVISION.


SHORT DURATION CROP FOR THE PURPOSE OF CLASSIFYING DIRECT AGRICULTURAL LOANS EITHER PERFORMING ASSETS OR NON-PERFORMING ASSETS MEANS DURATION OF CROP SEASON NOT EXCEEDING------------MONTHS & FOR THE SAID PURPOSE IN RESPECT OF LONG DURATION CROP IT IS ------------------YEAR.


AS PER SECTION 6 OF NEGOTIABLE INSTRUMENT ACT 1881, A CHEQUE IS A ----------------- DRAWN ON A SPECIFIED BANKER PAYABLE NOT OTHERWISE THAN ON DEMAND.


VERY RECENTLY SGSY SCHEME OF POVERTY ALLEVIATION HAS BEEN REPLACED BY-------------------SCHEME


SME (SMALL MFG. ENTERPRISE): ORIGINAL INVESTMENT IN PLANT & MACHINERY NOT EXCEEDING RS. ------------CRORE WHEREAS MME (MICRO MFG. ENTERPRISE NOT EXCEEDING ----------------------LAKH


WHICH OF THE FOLLOWING(S) IS / ARE DOES NOT ATTRACT CRR / SLR?


WHICH OF THE FOLLOWING RANGE OF DENOMINATION IS FALLING UNDER "BANK NOTE" ISSUED BY RBI?


wHICH OF THE FOLLOWING COMMITTEE IS ASSOCIATED WITH ESTABLISHMENT OF RBI?


COMMITTEE ON--------------------------------------- OF ---------------------------- RECOMMENDED FOR ESTABLISHMENT OF A CENTRAL BANKING AUTHORITY OF OUR COUNTRY AND ACCORDINGLY RBI WAS ESTABLISHED IN TERMS OF ----------------- ACT ----------------.


WHICH OF THE FOLLOWING(S) IS / ARE NOT FALLING UNDER QUALITATIVE CONTROL TECHNIQUE OF RBI FOR CONTROLLING MONEY MARKET THROUGH OPEN MARKET OPERATION (OMO)?


WHICH OF THE FOLLOWING BANK INTRODUCED CREDIT CARD BUSINESS FIRST TIME IN INDIA?


IN RECENT PAST CAPITAL FUND OF NATIONAL BANK FOR AGRICULTURAL & RURAL DEVELOPMENT (NABARD) HAS BEEN ENHANCED FROM -----------------------CRORE TO ---------------------------CRORE


WHICH OF THE FOLLOWING BANK WAS NOT NATIONALIZED ON 8TH. APRIL 1980 IN TERMS OF "BANKING COMPANIES (ACQUISITION & TRANSFER OF UNDERTAKINGS) ACT 1980?


COMMERCIAL PAPERS (CPs) ARE ISSUED BY:


WHO CAN NOT ISSUE CERTIFICATE OF DEPOSITS (CDs)?


SEBI IS THE REGULATOR OF: (TICK THE INCORRECT)


AT PRESENT MSF CAN BE MAXIMUM------------------% OF BANK'S NDTL


Maximum time period for realization of export bill has been reduced to------------------months and it would remail in force upto--------------------


Normal Transit Period for retirement of export bill & notional due date for usance export bill are -------------------& ----------------respectively.


Who does issue IEC No.(Export & Import Code)?


Any Complaint of the customer with regard to anomalies in ATM transaction has to be settled within-----------------days, failing which customer is entitled to penalty to be paid by the bank @ Rs. ---------perday for the period----------------------


KYC data for low risk customers need to be updated at ---------------------year(s) intervals.


Increase In Repo Rate by RBI would lead to: Tick the incorrect


RBI can issue note against 120 % back up assets out of which --------------------% should be in the form of Gold and or Foreign Reserves.


INR is-------------------------currency.


1 Basis point= --------------------%


In Exchange Rate Mechanism Spot Rate means settlement & delivery takes place on---------------------day


Which of the following(s) combinations is / are pillar(s) under Basel II


Bond as a subordinated debt under Tier-II capital is discounted @ specified rates depending upon the residual period of maturity and the discounted value is recokned as Tier-II component of Capital for the purpose of determination of CAR subject maximum of:


Anti Money Laundering (AML): -------------------------(ALM)


WMA stands for Ways & Means Advance, WLA stands for:


Mobile Banking needs:


In Banking Parlour, DRA stands for


Banks can resort to Lok-Adalat for recovery of dues due to the borrower and / or settlement of dues under compromised terms provided claim amount does not exceeds---------------------lac


LAB is one type of bank, it stands for:


GTB (Global Trust Bank), a new generation private bank had been merged with:


In Economics PPP stands for:


Under overall target of priority sector lending of 40 % of previous year's Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off Balancsheet Exposure, whichever is higher, Direct Agricultural Loan should be minimum-----------------% & Indirect Agricultural Credit can be Maximum-----------------------% and total agricultural loan comprising both direct & indirect agriculture should be -------------------------%


The NOFHC will be registerd as------------------------with RBI.


The aggregate non-resident share holding will be------------------% for initial ------------------------years


At least--------------------% of the Directors of NOFHC should be independent Directors


Prudential norms will be applied to NOFHC (tick the incorrect)


Which of the following statement(s) is / are not correct with regard to Exposure Norms of the NOFHC & new bank?


Which of the following statements are not applicable for new banks under NOFHC?


Existing NBFCs though may be eligible will neither be permitted to promote a new bank nor conversion to a new bank


Licensing of new banks under private sector were finalized in terms of amendment of ------------------Act in Dec. 2012


Which Bank launched Xpress Money Card on 8th. July 2013 in partnership with UAE Exchange & Financial Services, a NBFC?


Which of the following statement(s) is / are not correct in respect of penalty by RBI for violation of KYC / AML norms imposed on 10th. of June, 2013








































































































































Description:

SCORE HIGH IN GA OF IBPS

PRESENTED BY 13 YEARS EXPERIENCED BANK FACULTY.

QUALIFICATION: BA CAIIB PGDFA DTIRM DIBF & PURSUING MBA (FINANCE), PGDFM, CFP

LEARN BANKING THROGH MCQS

STRUCTURED WITH INNOVATIVE IDEA

MORE THAN STUDY MATERIAL

EASY TO UNDERSTAND EXPLANATORY LUCID LANGUAGE

GET COVERAGE OF ENTIRE BANKING ASPECT

GET INFORMED OF LATEST CHANGES IN BANKING & FINANCE

SCORE COMFORTABLY MORE THAN 80 % IN GA UNDER IBPS EXAM

80 % GUARANTEED SUCCESS.

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BISHNUPADA SARKHEL
13 YEARS EXPERIENCED BANK FACULTY IN A LEADING PUBLIC SECTOR BANK
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