Page 1 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • RBI policy rate as on 17.12.21, • Cash Reserve Ratio @ 4%, • Statutory Liquidity Ratio@18 %, • Policy Repo Rate @4%, • Reverse Repo Rate3.35, • Marginal Standing Facility (MSF) Rate @ 4.25, • Bank Rate @4.25, • Base Rate #7.25/8.80, MICR transaction code, Saving account. : 10, Current account. : 11, Bankers Cheque. :12, Cash Credit account:13, Dividends warrant. : 14, Demand Draft. :16, Saving account At Par Cheque :31, Gift Cheque. : 18, IT Refunds. :49, • Validity of D.P Note : 3 yrs., • No PAN card TDS will be deducted :20 %, • Nodal Agency for PMAY :NHB, • Mortgage details under : Transfer of property act, • High NPA level: Credit Risk, • Goodwill is: Intangible Asset., • In CTC 2010 "T" stand for : Truncated, • Writing something on the back of cheque with the intention of transfer the right there in is called:, Endorsement, • Cheque Dishonoured payee should give notice within : 30 Days, • Deposit above 2 Crore is called: Bulk Deposit, • Which is not a material alterations : A change in date change in amounts change payee name ,D, crossing of open cheque Ans D, • Agri clinic loan above 5 lakh margin: 25%, • PMSBY insurance Coverage: 2 lakh, • Amount of loan for laboratory : 12000, • DRI loan in rural areas income of beneficiary : 18000 PA, • Looker Bank customer relationship: Lessor- Lessee, • Diffnation of Bank given in : Banking regulations act 1949 section 5, • Kharif season : July to October, • Rabi Season : October to march, • Money transfer limit through IMPS: 50000, • MICR full form: Magnetic Ink Character Recognition, • Which is the national level Nodal agency for PMEGP? (Ans. KVIC), • NPCI Full form: National Payments Corporation of India • MICR code of savings ac :10, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 2 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • Demand loan given to LIC policies holder on the basis of @Surrender Value, • Customer day is observed by banks on ____ the of the month : 15, • General Crossing : Where a cheque bears across its face parallel transverse lines with or with, crossing & the cheque is said to be crossed., • GU 40 user power @ officer, • priority sector target of RRB @75, • Which code use when money transfer by NEFT @ IFSC code, • full form of CTS @Cheque Truncation System, • when bank give loan against immovable property which charge will be created @Mortgage, • DBGB Deposits as on 31.03.2022 __________crore, • in education loan SC ST candidates get interest subvention for the period of @monotorium period, • JLG member under SHG @4 to 10, • Immediate credit of outstation cheques - ₹ 15000, • A, and B want to open a joint account with the provision that after death of A ,B will operate this, ac what mode of operation should be opened : Former or Survivor, • TDS free interest on Fixed deposit ac for seniors citizen@₹50000, others ₹40000, • cheque holder make which type of crossing? General crossing, • who can complete inchoate cheque @Holder, • limit sanction report sent RO on _____ day of each month@ 5th, • which amount of cheque before paying will be mandatory for check through ultra violet lamp@, • bank customer relations in liability products @bank _debtor, • maximum O/S amount can settled through LOK ADALAT @20 lakh, • Cheques presented in CTS clearing, the telephonic confirmation may be obtained for cheques of, Rs. _____ :5.00 lac and above,, • which amount of Demand draft bank make through cash@49999, • FD maturity amount____ can not paid in cash @20000, • full form of BCSBI @Banking Codes and Standards Board of India, • bank appoint for development of financial inclusion @BCA, • equitable mortgage enter in @cersai, • 10 years inoperative ac statement sent to RBI in which frequency?, • Diffnation of Bank given in : Banking regulations act 1949 section 5, • when make balance sheet @on the end of financial year, • In joint operation account, if any one dies then amount will be paid to legal heirs of the deceased, plus survivor., • MICR transaction code of demand draft:16, • Cheque Dishonoured payee should give notice within : 30 Days, • Diffnation of Bank given in : Banking regulations act 1949 section 5, • Education Loan Framed by : IBA, • GU 60 user power : BM, • TDS free interest on Fixed deposit ac for seniors citizen@50000, others 40000, • In joint operation account, if any one dies then amount will be paid to,@ legal heirs of the, deceased plus survivor., • Goodwill is: intangible Assets, • Limit :10 lakh, Stock:12 lakh, Margin: 25% then DP =? :9 lakh, • CRAR : CAPITAL TO RISK ASSET RATIO, • NAV : Net Asset Value, • HTM : Hold till maturity, • GDP: Gross Domestic Product, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 3 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • ICT full form : Information and communications technology, • Surrender value of LIC policy: It is the amount the policy holder get from life insurance company if, he decided to exist the policy before maturity., • When TDS is deducted but not paid penalty : Interest at the rate of 1.5% per month or part, thereof., • Wrongly Dishonoured Cheque Payee banker responsible to : The Drawer, • DICGC premium paid by whom?Borne by banks., • Writing something on the back of cheque with the intention of transfer the right there in is called:, Endorsement, • The limits for investment in small category Service Sector Enterprises Investment in equipment, ;More than 10 lakh upto 2 crore, • Cheque Dishonoured payee should give notice within : 30 Days, • RUPAY debit card Daily withdrawal limit :₹25000, • RUPAY Debit Cardholders are eligible for the Insurance cover. The claim under Personal Accident, Insurance shall be payable only if the cardholder has carried out at least one transaction :within 45, days for RUPAY Platinum Debit Cards and 90 days for RuPay Classic card, • Maximum Withdrawal limit from withdrawal slip :₹20000, • Locker maintain in ______register : mbgb210/ mbgb260 /mbgb 420, • Working capital can be negative @if a company's current assets are less than its current liabilities., • In FINACLE length of user id password:7 to 17 character, • Charge created on loan against Shares/Debentures/Mutual Funds/ Bonds: Lien, • Charge created on loan against Immovable property: Mortgage, • Target of RRB Priority Sector 75 %of total outstanding :Agriculture 18 %of total outstanding, • ____________are individuals/entities engaged by a bank for providing banking services in, unbanked / under-banked geographical territories: Banking Correspondent (BC) or ____________are, individuals/entities engaged by a bank for financial inclusion :Banking Correspondent (BC), • After Deprecation How many years computer device book value will be zero :3yrs, • Minimum and maximum loan amount under stand-up India scheme:10 lakh to 100 lakh, • Cheque Dt 31.06.2019 presented on 30.06.2019 : passed the cheque, • Asset classification: standard, sub-standard, ______,Loss: doubtful, • As per our Cheque Collection Policy In case of extraordinary delay, i.e. delays exceeding 90 days, interest will be paid at the rate of @2% above the corresponding Term Deposit rate, • Net Working Capital = Current Assets – Current Liabilities, • Mobile banking password expired in ____days:180, • Bill of exchange not dated payable : Demand, • The maximum time for disposal of all type of Loans (except Retail) with loan amount above Rs 2, lacs upto Rs 50 lacs is _____4 weeks, • An __________on an immovable property can be created by a writtendeed. The deed would, provide that the mortgagor has deposited the title -deeds of his property with the mortgagee - bank, in a notified town with intent to create a security thereon on the advance made by the bank:, equitable mortgage, • In case of remittance amount up to Rs. 20 lac, the composition of escort team must be :One, Clerical or One Officer, • Debit transfer at remote sol can not more than _______, in case of SF account.@100000/- per day, • The maximum limit of DRI advance for housing purpose to SC/ST is; (Rs.20000/-), • What is the Full Form of TReDS ? (Ans. Trade Receivables e-Discounting System), • What is the relationship between Banker and Customer in case of articles kept in Safe Custody?, (Ans. Bailee and Bailer, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 4 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • Which are the Central Nodal agencies for channelizing subsidy for implementation of PMAY-Urban, Scheme? (Ans. NHB, HUDCO and SBI)., • The Pillar III of BASEL-3 norms are based on; (Ans. Market Discipline), • RBI has mandated to Banks for incorporation of Name of the Purchaser on the Face of the Demand, Draft with effect from; (Ans. 15 September 2015)., •, • What does the first 3 digits, next 3 digits and last 3 digits of an MICR code indicates? (Ans. City,, Bank and Branch respectively)., • As per which act, no banking company shall grant any loans or advances on the security of its own, shares?(Ans. Section :20 (1.a) of BR Act)., • Premium payable under PAIS will be shared by the KCC issuing bank and the KCC holders in the, ratio of ; (Ans. 2:1), • Which is not a legal course of action for recovery? Civil Suit, DRT, LOK ADALAT, Sale of Assets to, ARCs (Ans. Sale of Assets to ARCs), • VOSTRO Account means; (Ans. Rupee account maintained by a foreign Bank in any local Bank in, India)., • What is the risk cover under PAIS for KCC holders for death due to accident and permanent total, disability/Loss of two limbs or two eyes or one limb and one eye? (Ans. Rs.50000/-), • What is the TDS applicable on rent paid other than by individual/HUF? (Ans. 10% for Land or, building or furniture or fitting and 2% for Plant & machinery, if the amount paid or payable during, the financial year exceed Rs. 2,40,000.00), • What does a NOSTRO account means? (Ans. A NOSTRO account is an account that a bank holds, with another bank in a foreign country in the foreign currency), • What is the relationship between customer and Bank in case of Standing Instruction given by, customer? (Ans. Principal and Agent), • Safe custody of article falls under which Act? (Ans. Indian Contract Act), • Safe Deposit vault / locker falls under which Act? (Ans. Transfer of property Act), • Garnishee order is applicable for what amount if the amount is not mentioned in the order? (Ans., Entire balance in the account but not applicable to money deposited subsequent to receipt of, order)., • What is the definition of noting? (Ans. Noting is the process of getting the dishonoured bill or, Promissory Note, being noted by a notary public upon the instrument within a reasonable time after, dishonour)., • What is a NOSTRO account? (Ans. Our Banks account with foreign branch/correspondent bank), • What is the revised RTGS timings? (Round the clock except between 0.00 hrs to 0.30 hr), • What is the maximum amount of Demand Draft/Banker’s cheque that can be issued in a day, against cash receipt? (Ans. Rs.49999/-), • What is the maturity benefit under PMJJBY in case of no death? (Ans. NIL), •, • Balance in the SMALL account at any point of time does not exceed rupees; (Ans. Rs.100000/-), • Under RTI, reply to be given by CPIO is within a period of; (Ans. 30 days), • What is the minimum and maximum loan amount can be given under Stand-up India Scheme?, (Ans. Rs.10.00 Lakhs and Rs.1.00 Crore), • Minimum loan amount for claim under SARFAESI allowed is______ (Ans. More than Rs.1.00 Lakh), • What is the maximum period of Recurring Deposit scheme? (Ans. 120 months), • What is the annual family Income ceiling for eligibility for CSIS education loan Interest subsidy, scheme?(Ans. Rs.4.50 Lakhs), • The guarantee scheme which provides guarantee for loans under Stand-up India Scheme is; (Ans., , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 5 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, Credit Guarantee Scheme for Stand-Up India (CGSSI) managed by NCGTC), • What is the commission payable to Bank (excluding BC) for enrolment of PMJJBY? (Ans. Rs.11.00)., Out of Rs.330/- premium, Rs.289/- goes to insurance company, Rs.30/- to BC and Rs.11/- to Bank., • What does the letter ‘T’ denote in FETERS? (Ans. Transaction. Full form of FETERS is Foreign, Exchange Transaction Electronic Reporting System), • Who is the appellate authority of Banking Ombudsmen? (Ans. Dy. Governor, RBI), • RBI has prescribed a cap of Rs________ per financial transaction without end-to-end encryption, through POS terminals? (Ans. Rs.5000/-), • Deposit insurance cover under DICGC has been increased from Rs.1.00 Lakh to Rs__________ with, effect from________(Ans. Rs.5.00 Lakhs and 4th February 2020), • What type of risk is associated with failed internal processes, manpower mistakes etc.? (Ans., Operational Risk), • Selling of third-party products by a Bank can be termed as; (Ans. Cross Selling), • What is the minimum and maximum age of entry for Atal Pension Yojana Scheme? (Ans. 18-40, years), • How many pillars are defined under BASEL-III? (Ans. 3), • The type of ATMs located away from Branch premises and having separate connection are termed, as_________(Ans. Offsite ATM), • Interest subvention for short term production credit under KISAN Credit Card scheme is available, up to a limit of___________(Rs.3.00 Lakhs for Crop loan and Rs.2.00 Lakh for animal husbandry and, fisheries), • In FCNR, the letter ‘C’ stands for__________(Ans. Currency), • An NRI of specific countries can claim TDS on interest on NRO Account following which clause?, (Ans. DTAA i.e Double Tax Avoidance Agreement), • Software owned by a company to be classified as _________ in the Balance Sheet? (Ans. Intangible, Asset), • No court inferior to that of a ____________shall try any offence punishable under section 138 of, NI Act. (Ans. Metropolitan Magistrate or a Judicial Magistrate of the first class), • Hypothecation is defined in which act? (Ans. SARFAESI Act), • Maximum O/S amount for action under SARFESAI :no such limit, • Main Weekly report generated through menu options:rrb_18, • Bank get interest from RBI of CRR balance :zero, • Difference between BG & DPG @out lay of fund, • Banker's duty to maintain secrecy of ac holders is called @ Implied contract, • Full form of CIBIL: Credit Information Bureau (India) Limited, • Full form of IBPC:inter-bank participation certificate, • Full form of SWOT: Strengths, Weaknesses, Opportunities, and Threats, • Special crossing means _____ bears the name of bank across its face with or without two parallel, transverse lines., • The Powers vested to approve sacrifice/written off in ROAC-I are _____ in terms of HO SAMD, circular no 05/2021@Rs. 3 lacs, • Which agency is responsible for providing training to eligible candidates for setting up agri, clinic/business centre?@MANAGE, • Locker maintain in ______ragister mbgb210/ mbgb260 /mbgb 420, • Agri clinic loan above 5 lakh margin: 25%, • Which one is not a material alteration- Converting bearer into order., • As par asset classification norms NPA ac categories are Standard ,sub standard,_____loss: Doubtful, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 6 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • What is the maximum project cost under PMEGP:₹25 lakh for manufacturing sector &10 lakh for, service sectors., • FD above 20000/- is not given in cash this is a per :IT ACT, • User id locked after how many wrong attempt: 5 attempts., • Transaction password locked after how many wrong attempt :4 attempts ., • User id expired after how many days if not used:180 days ., • Transaction password expires after how many days if not used:365 Days ., • Who cannot be nominee in an account: Trust, • Cash payment of Rs.20,000 and above in case of FDR is restricted under which Act.) IT act – u/s 269, T, • What is present rate of interest RBI pays on CRR balance.: No interest, • Agriculture production Credit/Kisan Credit Card up to Rs _______get interest subversion: ₹3 lakh., • as par gad circular space required for semi urban (Very large) area bank primises?1700-2000 sq ft, • Giving a wrong PAN number can lead to a ₹: 10,000 fine, • RRB Target for Weaker section loan are ___ % of ANBC.:15, • In respect of pensioners above the age of 75 years, repayment period shall be of :maximum 24, months. However, sanctioning authority may allow repayment period maximum of 48 months, depending upon merits of the case., • Recovery agency commission for seizure _____% of realizable value.:5, • Banking service provided by bank in unbanked area through BC: financial inclusion., • In case of genuine and urgent cases falling under MC/Board sanction, “In Principle” consent may, be given by : HOCAC-III in case of both fresh as well as existing borrowers., • Stand-Up India scheme has been facilitate bank loans between ________= to at least one, Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one Woman borrower by each, branch for setting up a Greenfield enterprise i.e. First time venture in manufacturing, trading or, services sector.:₹ 10 lakh to ₹ 100 lakh, • Loan under stand up india In case of non-individual enterprises, can be given if : 51% of the, shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneur., • Surcharge_____% of income tax, where total income exceeds Rs.50 lakh up to Rs.1 crore :10%, • Pais insurance claim in case Permanent total disability :Rs 50000, • AML/KYC software : FINACUS, • No Cash payment more than 20,000/- ... In respect of business transactions,: Section 40(A)(3) of, the income tax Act, • If No OVD for small a/c , what is the max credit amount in a year.. :Rs 1 lakh, • ___________is the right of the bank to combine the two accounts of the same person where one, account which is in credit balance and the other account is in debit balance in order to cover a loan, default :Right of set off ., • What is Gresham low of economics :Bad money drive out good money., • AML/KYC software ,:FINACUS, • What is bank rate : Rate at which commercial banks borrow long term funds from central bank, • Current Ratio = Current Assets / Current Liabilities., • Dos , DDos Ransom means in malware : Cyber attack, • What is the Difference Between DoS and DDoS Attacks? :Denial of Service (DoS) attacks and, Distributed Denial of Service (DDoS) attacks are very similar. The only difference between them is, their scale. Single DoS attacks come from one source, while DDoS (distributed) attacks come from, multiple locations, often spoofed., • The limitation period for the enforcement of a debt secured by a mortgage :12yrs, • For validity of insurance RUPAY classic card one successful financial or non-financial transaction at, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 7 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, any channel in the last :90 days prior to the incident.(coverage 1 lakh), • Section 138 refers _____ Dishonour of cheque for insufficiency of funds or exceeds arrangement in, the account, • Under PMAY a person with pucca house having built-up area : less than 21 Sq. M may be included, for enhancement, • holder in due course: is someone who accepts a negotiable instrument in a value-for-value, exchange without reason to doubt its legitimacy., • the current assets are 32 Lakh and the net working capital is 8 lakh what is the current ratio? 2:1.5, • Objective of NABARD for SHG: delivering financial services to the poor in India and facilitate the, realms of building financial capabilities and self-confidence in the rural poor, through internal, savings and lending from own funds of the SHGs., • What is the maximum deposit amount insured by the DICGC?@5 lakh, • Staff bonus calculation rate:8.33, • work class _____ is used for Incumbent incharge in CBS. 100., • Provisioning in DB 1 ,DB 2,and DB 3 NPA accounts _____ 25 % ,40% & 100% of secured portion., • Difference in words and figures-Amount in words to be paid/As per CTS 2010- Amount in words is, called as legal amount and amount in figures is called as courtesy amount., • Correct about passwords: Minimum 6 and maximum 15 character long, necessarily any of three of, following type -lower case alphabet, upper case alphabet, special., • 3rd Pillar in Basel 2 relates to: Market discipline., • In case of education loan in India as par IBA scheme government provide interest subvention if, annual income of parents upto :₹4.5 lakhs (this subvention available for moratorium period.), • Component of KYC: Customer acceptance policy, Customer due diligence, Transaction monitoring, • *DSCR is used for : Term loan, • Prepaid Expenses are shown as _(A) Miscellaneous Expenses*(B) Loans and Advances*(C) Current, Liabilities(D) Investments{exp-As per Schedule III of the Companies Act,2013 Prepaid Expenses are, shown under Current Assets under the sub head Short Term Loans & Advances if the same is paid for, less than12 months after the Balance Sheet Date. On the other side if the same is paid for more, than12 months then the amount which is paid for more than12 months shall be shown under NonCurrent Assets under the sub head Long Term Loans & Advances}, • Nomination registered generated through RRBRPT____, • Appraisal of deferred payment, guarantees As: Term Loan, • What is NOSTRO: A bank’s account abroad with another bank, • Conversion means : unauthorized intervention in the property of another person., • Increase in Reverse Repo Rate: liquidity will be decreased ., • What is the meaning of Inchoate cheque? A cheque signed by a drawer of cheque without, completing the material particulars such as date, amount or name of the payee, it is known as an, inchoate or incomplete cheque., • UCP 600 is maintained and revised by: International Chamber of Commerce, (ICC)., • Break Even Point (BEP).:Point of No profit No loss, • Network Integration Engineer Responsibilities and Duties.: Perform troubleshoot on network, integration processes and resolve complicated configuration issues. Provide backup to other teams, and analyze problems. Train various group members and provide technical expertise in working., • Borrower Age upto 68 Years personal loan amt:18 times of net monthly pension OR Max.Rs.7.5 lac,, whichever is lower., • Adhoc limit of chairman:25%of the sanction limit, • Under DAIRY ENTREPRENEURSHIP DEVELOPMENT SCHEME (DEDS) project cost of Cold storage, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 8 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, facilities for milk and milk products : 33 lakh, • Full form of SWOT: Strengths, Weaknesses, Opportunities, and Threats, • prohibits banks from granting any loan or advance to any of its directors.:Section 20 of Banking, Regulation Act, 1949 (B.R. Act, 1949), • In stand up India scheme maximum composite loan : 75% of project cost inclusive of term loan and, working capital, • Risk related to Basel : Operational Risk, • A crossed cheque is paid to authorized person of the collecting Bank. Whether it is violation of, statutory provisions on crossing as per N I Act? No. Payment can be made to authorised, representative of bank in cash also, • Garnishee Order is issued by ......... and bank is........of the Judgement Debtor: Court, Dabtor., • Registration of document (other than will) within a period of: 4 months., • Banking Ombudsman : maximum award to be passed :Rs. 2 million, • Borrowing powers of director or board i.e. the extent to whch Directors can borrow is given in:, Articles of Association, • In CGTMSE, for loans from Rs. 5.00 lac to Rs. 50.00 lacs, what i6 the claim percentage : 75%, ₹37.50, lakh (80% in case of women & north east), • Frauds of Rs 10.000 & above but below Rs 0.1 million. State police ; to the local police station, • Maximum loan amount for renewable energy for classification as PS is Rs. 15.00 crore, • Maximum loan amount for social infrastructure for classification as PS. Rs. 5.00 cr, • Loans upto which amount for artisans. village and cottage industries to be classified und6er, weaker section: Rs1.00 lacs, • Insurance amount under Aw card by NPCI: Rs. I .00 lac ( Rs 2 lac for premium card), • Under PMAY, what is the maximum carpet area of dwelling unit: MIG I 160 sq.meter and for MIG II, is 200 sq. Meter. For EWS 30 sq meter and for LIG 60 sq meter., • In small accounts. The account remains operational initially for a period of tweIve months which, can be extended for a further period of,........ provided the account holder applie and furnishes, evidence of having applied for any of the OBDs during the first twelve months of opening of the said, account. :Twelve months, • What is payment in due course for a cheque: Payment as per apparent tenor of instrument, without having any reason to believe that the person getting the payment is noi entitled thereto., • What is the maximum loan amount under Stand Up India scheme. ;Rs. 100 lacs, • As per latest RBI guidelines. DD of Rs. 20000/- and above to be issued as : A/c payee crossing ., • Overdue of loans from 81 to 90 days is? SMA2, • Small farmers are having land from: 1.00 hectare upto 2 hectare, • PMJDY is Od upto . ₹ 10,000, • As per PMLA due diligence of KYC norms does not refer to: Knowing family status of acccount, holder., • ABC are partners of a firm X. Firm has availed loan of Rs. 20,00,000/• and one of the partner died, when the liability is ₹. 2.00 lacs. After the death of deceased partners credit of Rs. 2.lacs and debit of, Rs. 1.50 lacs happened in the account. What is the Liability of the legal heirs of the decaaaed partner, as per claytons rule: No liability., • Partners liability — Joint and Several , Unlimited., • Who s a Resident? People staying in India for greater than 182 days in previous financial year., • PMMY ShiShu loans upto: Rs. 50000/, • At national level Atal pension is regulated by : Pension fund Regulatory and Development, Authority., , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 9 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • In stand up India scheme _____% constitute SC/ST members : 51%, • Risk weightage of housing loan is greater than 30 lakh to 75 lakh where LTV is less than 80% : 35%, • Maximum number of members in SHG group : 20, • Amount of loan irrespective of sanction limit in education loan to be classifieds under priority, sector lending :₹ 20lakh, • RBI prescribe CRR as per : Sections 42 (1) RBI act., • Maximum loan to Small Service enterprises for classification as PS:, • Uniform savings bank rate by RBI up to: 1 Lakh, • CGFUU for which scheme: Credit Guarantee Fund for Micro Units (CGFMU) was notified by Govt on, 18th April 2016 and has been made effective retrospectively for loans sanctioned. Shishu Loans:, covering loans upto Rs 50000/-. KISHOR Loans: covering loans above Rs 50,000/- and upio Rs 5 lakh., Tarun Loans. Covering loans above Rs 5 lakh- and upio Rs 10 lakh., • Fraud of Rs. 0.1 motion and above devolving outsiders and bank staff : To the State CID/Economic, Offences Wing to the State concerned., • Micro Manufacturing enterprise is one in which investment in machinery up to Rs 25 Lakh., • Small Service enterprise means in which investment in equipment is up to: Rs2 Crore., • Counterfeit note kept record for.... year : 3 years., • NEFT total settlement during the day?: 23, • JLG member range: 4 to 10, • MUDRA for micro and ______ : Small enterprises (non corporates small business)., • A and B operate FD deposit (E or S) and nominee. If A died. Withdrawal of FD at maturity by _____, :B alone., • For FD account depositor appoint nominee. Signature attested by: No attestation required., • Payment bank accept deposit up to 1 lakh by : Only Saving and Current account., • Walk in customers deposit amount Rs.______ and above to verify KYC: ₹50,000, • CERSAI full form: Central Registry of Securitisation, Asset Reconstruction and Security Interest of, India., • Notice money vary from 2 to __day:@ 14 days, • SARFAESI Act Borrower and guarantor raise objection.@ Reply within15 days., • Ratio to find indebtedness? Debt Equity ratio or Total outside liability to equity Raitio., • In FI who is agent for bank @BC, • Stock value Rs 6 lakh, Limit Rs 5 lakh: Margin 25%: DP value?: @Rs 4.5 Lakh., • How many days notice to give for partial freeze a account? @ 6 months., • OFFICIAL LANGUAGE classified how many regions :@ three regions., • Frauds of Rs 30 million and above and up to ₹250 million. CBI- To be lodged wnh Anti Corruption, Branch of CBI (where staff involvement is prima facie evident) or Economic Offences Wing of CBI, (where staff involvement is prima facie not evident), • Loan under CGTMSE up to 5 Lakh coverage: @85% of amount in default., • APBS:@ AADHAR PAYMENT BRIDGE SYSTEM., • GOLD SOVEREIGN BOND - if payment through digital method, :@discount par gram ₹ 50., • Banking Ombudsman choose the wrong: @applicable for RRB only.(applicable for all bank ), • Missing person reported death in how many years:@ 7 years, • BHIM app is based on which platform: @UPI, • UFCE full form :@ Unhedged Foreign currency exposure., • Bank get interest on CRR - NIL, • LEI full form :@ Legal Entity identifier India Limited— A Wholly Owned Subsidiary of The Clearing, Corporation of India Ltd., • Finance against receivables means?. @FACTORING, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 10 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • Shortfall in Priority Sector lending under Agriculture shall be deposited with: @NABARD under RIDF (Rural Infrastructure Development Fund)., • As per RBI guidelines, Banks are required to follow priority sectors norms for: @Acknowledgment, of application norms, Securities norms, and application disposal norms., • As per KYC guidelines, where the customer is an unincorporated association or body of individuals, (including societies), the beneficial owner is the natural person(s), who, whether acting alone or, together. or through one or more juridical person. has/have ownership of/entitlement to more than, 15 % of the property or capital or profits of the unincorporated association or body of individuals., • What will be the members in a Self Help Group under DAY NRLM@ Women SHGs under DAYNRLM consist of 10-20 persons., • under NRLM, What is the amount of maximum CC limit for each eligible SHG for period of 5 years, with a yearly drawing power: — Rs 5 lakh., • As per RBI guidelines. prudential exposure limit on single borrower and group borrowers, prescribed for the purpose of: @To avoid concentration risk., • Bank is a member of which CICs — TRANSUNION ,CIBIL, Experian CIC, Equifax CIS and CRIF High, Mark CIS., • In case of turnover method of financing , What well be the amount of bank limit and what will be, the borrower margin: @ Limit assessed at 20% of projected annual sale turnover and minimum, margin to be stipulated based on projected annual turnover - 5%, • Profit before tax (450), tax (150), Depreciation (75), Interest on TL (75) & instalment of TL ( 150) —, Calculate DSCR: 2:1 (profit after tax+ Depreciations + interest on Term Loan)/ (Annual instalment +, Interest on Term loan) = (460 - 150 + 76 +75) / (150 + 76), • Working Capital Limit (Rs 30 lacs). Outstanding Liability (Rs 18 lacs]. Margin (25%), Stocks (Rs. 21, lacs) — What action bank needs to take: @Bank should ask borrower to regularise the drawing, power to avail full limit as DP at present will be Rs 15.75 Lakh whereas outstanding is Rs 18 lakh., • A written instrument which is a commitment to pay against tender of the documents — Latter of, Credit ., • A financial transaction and a type of debtor finance in which a business sells its accounts receivable, (i.e. invoices) to a third party at a discount is called : @Factoring, • Frauds of More then ₹250 million and up to ₹500 million: CBI - To be lodged with Banking Security, and Fraud CaII (BSFC) of CBI (irrespective of the involvement of a public servant), • Under Basel Ill. risk weight for consumer loans, personal loans: 125%,, • Reporting fraud cases, amount above Rs. 3 Cr and upto Rs to be reported with ACB, CBI where staff, involvements is there - @Rs. 25 Cr., • LC wherein the utilized amount under bill payment is reinstated: Revolving LC., • UCP 600 is maintained and revised by. International Chamber of commerce (ICC)., • A product that derive its value from the performance of an underlying entity: @Derivative, • initial /minimum deposit in Sukanya Samriddhi Yojana in a financial year @Rs 250, • where a Banker has made a claim on the guarantor on account of the default made by the principal, debtor and guarantor refuse to comply with the demand made by the creditor / banker despite, having sufficient means to make payment of the dues such guarantor would be treated as :@Wilful, Defaulter ., • Difference between bid and ask rate is called :@ Spread., • A party agrees with another party or Bank to exchange and agreed amount of foreign exchange at, an agreed rate at a future date it is called :@forward contract, • Code of commitment for customer service has been framed by : BCSBI, • How many member of monetary policy committee :@ 6 members (three from RBI and three from, government ), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 11 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • Which of the following is related to fiscal policy :@ Taxation and Government spending., • CPI inflation target set by RBI :_____, • if TDS is not detected interest rate is payable to Income Tax Department at 1% every month or or, part of the month on the amount of such tax from the date on which such tax was deductible to the, date on which such tax is deducted :@ 1.5 % per month if TDS is not deposited after deducting, • When limited company is being closed Court appoints of _______orderly disposal . :@ Official, liquidator, • Beneficiary Bank has to credit RTGS Amount to beneficiary account within :@30 minutes, • As per RBI guidelines on government business agency bank will be liable to pay penalty interest at, ______ plus 2% for or any wrong claim of agency Commission settled .:@Bank Rate, • Bailment is contract for ____@safe custody, • Housing loan LTV calculation the cost of property is Rs 40 Lakh and loan granted is is Rs 30 Lakh, what is LTV :@75%, • PARI PASSU charge means :@ proportionate charge, • BSBD account withdrawal per month cap:@4 withdrawal, • Foreign Students should be considered _________and account should be opened :@ Non resident, NRO Bank may open and non resident ordinary (NRO) bank account of a foreign student on the basis, of his her passport with appropriate visa and immigration endorsement which contains the proof of, Identity and address in the home country along with a photograph and a letter offering admission, from the educational Institutions., • NRO account can be opened with resident as joint holder with mode of operation :@Former or, survivor only., • insurance ombudsman dispute limit:@₹ 20 lakh, • in case of short term crop loan rate of interest subvention payable to bank is ______and rate of, additional subvention payable to farmer for prompt repayment is _____@2%, 3% ., • Which is not one of the variant of Mudra loan ? SHSHU ,TARUN,KISHOR,Yuva :Yuva, • paternity leave @15 days, • Duplicate as well as original demand draft presented in clearing :@ Duplicate paid original, returned., • in case and individual customer who does not have official valid document and desire to open a, bank account bank shall open a small account . This liberalized KYC initially valid for only :@12, months, • Stamped receipt for payment above :@ RS 5000, • Minimum and maximum pension receivable under APY :@1000& 5000, • APY is administrated by :@PFRDA, • Difference between gross working capital and positive net working capital _____@ Current, liabilities ., • The raw material holding period is 1 month ,finished goods holding period also 1 month debt, collection period 2 months, what is the length of operating cycle ?: 4 months, • Current ratio 1.5 :1 Current assets- 150 lakh what will be networking capital :@NWC ₹50 lakh, • What is the extent of claim, that can be entertained by a LOK ADALT: @ Upto ₹20lakh, • Which organizations, provide credit history of the borrowers:@ CIBIL, • In a cash credit account, the party has not given due stock statement for the last 9 months. The, account is showing a balance of Rs.2.56 lac with a limit of Rs.3 lac and DP of Rs.2.80 lac based on the, last stock report. The party has paid interest regularly. The account is otherwise conducted as per, terms of the sanction. The account classification shall be:@ sub-standard account, • Calculate the working capital limit of an MSE borrower under NAYAK Committee turnover method,, if the amount of working capital is Rs.100 lac and available margin with the borrower is Rs.10 lac, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 12 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, @80 Lakh, • network is used for world wide transmission of financial messages:@SWIFT, • In a balance sheet, the goodwill is classified @intangible assets, • As per provisions of Negotiable Instrument Act, in which of the following crossing, the payee is not, entitled to have a defect free title, if he acquires a defective title when he obtained that, instrument.@ not-negotiable crossing, • Memorandum of Association of a company provides that no director of the company can sell,, mortgage, encumber or alienate the immovable property of the company without prior consent of, the bank. This stipulation can be treated as:@ negative lien, • Hypothecation is defined in ………….. SARFAESIA Act, 2002, • A deposit is treated as unclaimed after a period of ……@10 years, • Which banker gets protection under section 85 of Negotiable Instrument Act, 1881?@ Paying, banker., • Who are the owners of a public limited company? @Shareholders, • Which act defines safe custody @Indian Contract Act 1872, • • Individual who are or have been entrusted with prominent public function in a foreign country, e.g. Heads of States/Government, senior politician, senior government / judicial/military officers,, senior executives of state owned operations are called : Politically Exposed Person., • Medium risk category account KYC to be done every : 8 years, • for periodical updation of KYC in case of _____ customers when there is no change in status with, respect to to their identities and addresses, a self certification to that effects shall be obtained. @, low-risk, • PM Suraksha Bima Yojana age limit : @ 18 -70 years ., • Deferred payment guarantee are : @financial guarantee, • Person not satisfied with RTI information : @ can file appeal with appellate authority within 30, days & appeal to Central information commission within 90 days, • Complainant not satisfied with award of Banking ombudsman can approach Ombudsman appellate, authority within : @ 30 days of receiving copy of Award., • Which of these is not current liability : @ Advance payment made to suppliers, • Charge for which are debited from customer account at the time of documentation : @ CERSAI, • What is to true about FDI : @ lasting interest in business, • Break even point refers to : @ no profit no loss level of production, • Limitation period for lien : @ No limitation, • income limit for Central sector interest subvention in education loan : ₹ 4.5 lakh, • HUF form to be signed by : @ Karta and all adult coparceners., • Reduction in currency value due to market forces : @ Depreciation, • when borrower undertakes to not create any charge on assets without consent of bank : @, Negative lien., • Maximum period including extension acceptable under RERA : @ 48 months, • As per IT Act TDR proceeds of _____and above be given in account only and not in cash : @ Rs, 20000, • National rural livelihood mission renamed as : @ DINDAYAL UPADHYAY ANTODAY Yojana, • Operating cycle includes : @ time taken to convert raw material into cash, • CCTV footage to be preserved for : @ 90 days may vary from bank to bank., • Presumption of death of a missing person after passage of _____ @ 7 years, • Pension software ADHAR based : @ Jeevan pramaan, • unclaimed deposit : no operation for 10 years, • Position of which property cannot be taken under Sarfaesi Act : @ agricultural land, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 13 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • interest coverage ratio is calculated by :@ Earning before interest and Tax divided by interest, expenses, • How many digits are there in a Aadhar Card /Aadhar number :@ 12 digit, • What is the rate of provisioning for doubtful accounts if it is a doubtful for more than 3 years : @, 100% hundred for secured portion & 100% for unsecured portion (i.e. 100% of outstanding balance), • Insurance of Bank deposit is done by DICGC . The premium is 10 paisa per Rs 100 per annum. How, much of this premium is borne by bank? 100% premium is borne by bank., • Interest rate in by Bank decided by whom ? @ Board of Directors or Asset liability Management, Committee of the bank, • A borrower who does not repay bank loan despite the fact that he has profits to repay the same is, called : @ Wilful defaulter, • Why loan is not given to minor: @ because Bank cannot legally recover the same from Minor, • What is the minimum amount for RTGS transaction : @ ₹ 2 lakh, • Banking ombudsman appointed for : @ period of 3 years ., • As per SARFAESI Act after taking possession how many days notice is served before sale of, property : @ 30 day notice to borrower, • Difference between deferred payment guarantee and term loan : Outlay of fund, • Bank Guarantee is : @ Contingent liabilities, • Calculate drawing power with following particulars CC limit 5 lakh , stocks 6 lakh, margin 25%, percent : @ Rs 4.5 lakh, • in case of agriculture loan no Collateral security to be taken up to Rs 1.6 lakh, • in joint liability group number of member can be : @ 4- 10, • in case of equitable mortgage night title Deed are to be deposited at : @ notified place notified by, State Government, • A deposit account has been opened in the name of A and B with operational instruction being, Either or Survivor C is the nominee after death of A amount is payable to : B who is survivor and not, to Nominee C, • A loan account is classified SMA1: @ it is a irregular for 31 to 60 days, • Who is appointed as agent of bank for providing door to door services as part of financial inclusion, : @ business correspondent, • Lok Adalat maximum amount ₹20 lakh but if arranged by DRT then claims of : @ more than Rs 20, lakh can also so be filed with Lok Adalat, • Maximum award by ombudsman in credit card : @ Rs 1 lakh, • in case of failed ATM transaction if there is delayed beyond 7 working days in affording credit Bank, will have to pay compensation at the rate of : @ Rs 100 per day, • An account became doubtful when it remains sub standard for : @ more than 12 months, • if time is not mention on bill of exchange it is called : demand bill, • what is the maximum period for FCNR deposits : @ minimum 1 year and maximum period is 3, years, • what is the validity period of KCC: @ 5 years., • A person who receives a cheque can do which type of crossing : @ General crossing or special, special crossing (including account payee and not negotiable crossing ), • Period of limitation demand promissory note : @ 3 years from the date of DPN., • Which of the following is not a method of recovery for which provision are applicable under any, act : compromise, • What is General crossing : @ two parallel lines on face of a cheque, • Signing of a negotiable instrument on the back of face therefore or on a slip of paper annexed, thereto for the purpose of negotiation is called : @ Endorsement., , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 14 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • Clayton's rule is related to : @ Appropriation of payments., • What is the Moratorium period in education loan : @ study period plus 1 year, • Maximum age of girl child for Sukanya Samriddhi scheme : @ 10 years, • What is the rate of provision for substandard loan which was secured at the time of Sanction : 15%, of the outstanding, what is the interest rate given by RBI on CRR balance nil stock of a limited company hypothecated to, bank charge to be registered with arrows in Whose in whose jurisdiction•, , • Cash credit or overdraft account became out of order when : @DP is allowed on stock statement, which is 3 months old or outstanding is more than limit sanction or drawing power or no credit in, the account or credit are insufficient to recover the interest., • in case of doubtful account what is the rate of provision on secured and unsecured portion if the, account doubtful more than three years : @ 100% of the second portion as well hundred percent of, the unsecured portions, • A DD was lost and duplicate was issued after necessary formalities .if both original and duplicate, DD are presented to bank for payment what should the bank do? : @ make payment of duplicate, and return original with the reason duplicate issued and paid., • what will be the impact of reduction in SLR or CRR ? :@ Liquidity will increase resulting in more, funds available to bank for lending ., • what is the relationship between bank and judgement debtor when Garnishee order is issued ? :@, Debtor and creditor., • When Amount in words and figure differ from a cheque, then as per section 18 of NI act which, amount should be paid ? : @ Amount written in words ., • if a director of a company take some action beyond objects of the company how are the company, will be liable for such action?: : @ company is not liable as such action are ultra vires the company., • In case of education loan in India as per IBA scheme government provide interest subvention if, annual income of parents is up to ₹ 4.5 lakh per annum . This subvention is available for how much, period ? : @ Moratorium period., • What is the difference between term loan and deferred payment guarantee? : @ outlay of fund, • Number of member in the self help group under NRLM normally 10 to 20 but in difficult area and, group of disabled person, number of member can be : @ 15 to 20 ., • Which is not a current assets ? Stock, Debtor's, Accrued interest, Prepaid expenses : @Accrud, intrest as it is current liabilities., • which of the following incorrect regarding amount of loan under DRI scheme ? maximum loan for, productive activity can be Rs 15000, Maximum loan to SC ST for construction of house be Rs 20000,, maximum loan to physically handicapped to purchase of artificial limbs can be Rs 5000 : all are, correct so the answer is none of these ., • npa norms are not applicable to advance against which of the following Gold jewellery , Shares,, NSC : @ NSC, • in case of opening account of self help group KYC documents should be taken in respect of : office, bearers only, • what is the meaning of conversion : @ dealing with others property without his consent., • in case of hypothecation what type of possession with Bank : @ Constructive Possession., • Letter of credit and Bank Guarantee are : @ Conditional undertaking, • what is the impact of Reverse Repo : @ liquidity is Sucked ., • what is the maximum amount of claim that can be filed with Lok Adalat : @ ₹ 20 Lakh., • Scale of Finance i.e. crop loan per hectare is decided by : District level technical committee., , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 15 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • A bank is required to have 4 component of KYC policy of the bank three of these components are, customer identification policy, monitoring of transaction ,risk management ,what is the fourth one :, @ Customer acceptance policy, • Bank cannot grant loan against security of its own share this is as per : @ Section 20 of the Banking, Regulation Act, • what is the rate of provision in standard account pertaining to direct Advance to agriculture and, micro and small Enterprises : @ 0.25% of the outstanding, • A customer had given a stop payment instruction to bank but cheque was paid due to bank, mistake customer account should be credited within how much time ? : @ immediately, • in a loan granted to A, B was taken as a Guarantor. On default by A , B paid the loan to the bank. As, a result B is entitled to all rights and remedies which were available with bank as a creditor. This, right of Guarantor is called : @ Right of subrogation ., • As per RBI guidelines the investment classified under HFT would be those from which the bank, expects accept to make a gain by the movement in interest rates/ market rates. These securities are, to be sold within : @90 days ., • Securities are classified into three categories including available for sale, held in maturity, which is, the third category : @ Held for treading, • what is the second stage limit under NRLM : @ 8 times the Savings and revolving Fund with a, minimum of Rs 2Lakh ., • What is Gresham's law ? : @ Bad money if not controlled in quality drives good money out of, circulation ., • what is the impact of inflation : @ purchasing power of money goes down., • When along with growing crops farmer undertakes rearing of livestock it is called : @ mixed, farming, • in case of medium risk customer KYC documents should be taken again within every : @ 8 years, • When Bank Remits fund to RBI for deposit in DEAF account : @ when account is not operated for, 10 years., • As per RBI guideline no complaint to the banking ombudsman shall lies unless the complaint is, made not later than one year after the complaint has received the reply of the bank to his, representation to the bank or fair no reply is received not later than after the date of the, Representation to bank one year and one month, • what is the status of nominee in case of deposit: he is a Trustee of legal Heirs, • When a bank will not be called holder for value in collection of cheque : @ When cheque is, credited to the to the account after receipt of proceeds from collection of cheque ., • which of the following is a part of balance sheet of a bank, interest, provisions, operating expense,, deposits : @ deposits, • Asset are classified into classified into 4 categories three of these categories are standard, substandard doubtful category which is the 4th category : @ Loss asset, • As existing rule of the PMMY the maximum repayment period for a Mudra loan can be extended :, @ 5 years, • interest on Savings Bank deposit is paid at what interval ? (1)daily (2)monthly (3)quarterly (4)half, yearly : @ quarterly or earlier, • which ratio indicates ability of a form to pay term loan instalment in time ? : @ DCSR -debt Equity, Ratio., • which of the following types of lien is implied pledge : (1)General Lien (2) Particular Lien (3), Banker's Lien (4) Negative Lien : @ Banker's Lien, • A cheque has been presented for payment on which there are names of two banks. What should, the bank do? The bank will be returned in ordinary course of business unless one of the bank is, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 16 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, agent for collection for other bank., • A loan has been given to Limited Company against hypothecation of stocks. Company is required, to get the charge registered with : @ Registrar of Companies, • As per RBI guidelines Bank have the freedom to offer term deposit without premature withdrawal, option. But all term deposit accepted from individual (held singly or jointly) for amount of, rupees______ shall have premature withdrawal facility : @ Rs 15 lakh and below., • calculate driving power from the following data limit sanction Rs 10 lakh value of security Rs 12, lakh margin 25% : DP will be RS 9 lakh, • on which of the following security charges cannot be created by hypothecation ? : @ shares, • Bank loans up to a limit of ________ to borrowers for purposes like solar based power generators,, biomass-based power generators, wind mills, micro-hydel plants and for non-. conventional energy, based public utilities, viz., street lighting systems and remote village electrification etc., will be, eligible for Priority Sector classification. For individual households, the loan limit will be _______ per, borrower. : @ ₹30 crore ,₹ 10 lakh, • The limitation period of execution of court degree : @12 years, • Current liability is 48 net working capital is 12 calculate current ratio : @ current asset will be 60, therefore current ratio will be 5:4 or 1.25:1, • Calculate the current liability and current ratio - current asset 32 net working capital 8 : @ Current, liability will be 24 and current ratio will be 32/24 i.e.4:3, • Which of the following is not material alteration - (1) changing order to bearer cheque (2), completing an incomplete cheque (3) cancellation of crossing : completing an incomplete cheque, • when an account became NPA what type of risk arises : @ credit risk, • As per DAY NRLM scheme what will be the minimum limit for first year of operations : @ 6 time, the savings fund + revolving fund with a minimum of Rs 100000, • When a crossing is called special crossing : When name of a bank is written on the face of the, cheque with or without to parallel lines., • An MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an, Electronic Clearing System (ECS). It comprises of 3 parts :@ (1)The first three digits represent the city, (City Code). They are aligned with the PIN code we use for postal addresses in India.(2)The next 3, digits represent the bank (Bank Code) (3)The last 3 digits represent the branch (Branch Code), • Full form of GDP : Gross Domestic Product, • Undet PSL Bank loans up to a limit of ₹ _______- per borrower for setting up schools, drinking, water facilities and sanitation facilities including construction/ refurbishment of household toilets, and water improvements at household level, etc. : @ ₹ 5 Crore, • Under PSL loans up to a limit of ____ crore per borrower for building health care facilities including, under ‘Ayushman Bharat’ in Tier II to Tier VI centres In case of UCBs, the above limits are applicable, only in centres having a population of less than one lakh : @ ₹ 10 Crore, • Under PSL Loans up to ______ co-operative societies of farmers for purchase of the produce of, members :@ ₹ 5 crore, • Under PSL Loans up to _____ to Start-ups, as per definition of Ministry of Commerce and Industry,, Govt. of India that are engaged in agriculture and allied services. : ₹ 50 crore, • Under PSL Loans for Food and Agro-processing up to an aggregate sanctioned limit ______ per, borrower from the banking system. : ₹ 100 crore, • Under PSL Loans against pledge/hypothecation of agricultural produce (including warehouse, receipt) for a period not exceeding 12 months subject to a limit up to : @ ₹50 lakh., • Farmers with landholding of up to 1 hectare : @ (Marginal Farmers)., • Farmers with a landholding of more than 1 hectare and up to 2 hectares : @ (Small Farmers)., • Loans to individuals for educational purposes, including vocational courses, not exceeding, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 17 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, _______will be considered as eligible for priority sector classification. : @ ₹ 20 lakh, • Housing Loans to individuals up to ______in metropolitan centres (with population of ten lakh and, above) and up to ____ in other centres for purchase/construction of a dwelling unit will be, considered as eligible for priority sector classification. : @ ₹ 35 lakh ,₹25 lakh, • Under PSL Housing loan overall cost of the dwelling unit in the metropolitan centre and at other, centres does not exceed ______ and _____ respectively : @ ₹ 45 lakh, ₹30 lakh, • Housing loans to banks’ own employees : @ will not be eligible for classification under the priority, sector., • Loans up to _____ in metropolitan centres and up to ______ in other centres for repairs to, damaged dwelling units will be eligible for classification under the priority sector.: @ ₹ 10 lakh, ₹6, lakh, • Under PSL Bank loans to any governmental agency for construction of dwelling units or for slum, clearance and rehabilitation of slum dwellers subject to dwelling units with carpet area of not more, than : 60 sq.m., • Under PSL Bank loans for affordable housing projects using at least 50% of FAR/FSI for dwelling, units with carpet area of not more than : 60 sq.m, • Under PSL Bank loans to HFCs (approved by NHB for their refinance) for on-lending, up to : @ ₹20, lakh for individual borrowers., • Under PSL Loans not exceeding ₹1.00 lakh per borrower provided directly by banks to individuals, and individual members of SHG/JLG, provided the individual borrower’s household : @ annual, income in rural areas does not exceed ₹1.00 lakh and for non-rural areas it does not exceed ₹1.60, lakh, • Individual who are or have been entrusted with prominent public function in a foreign country, e.g.Heads of States/Government, senior politician, senior government / judicial/military officers,, senior executives of state owned operations are called : Politically Exposed Person., • Medium risk category account KYC to be done every : 8 years, • for periodical updation of KYC in case of _____ customers when there is no change in status with, respect to to their identities and addresses, a self certification to that effects shall be obtained. @, low-risk, • PM Suraksha Bima Yojana age limit : @ 18 -70 years ., • Deferred payment guarantee are : @financial guarantee, • Person not satisfied with RTI information : @ can file appeal with appellate authority within 30, days & appeal to Central information commission within 90 days, • Complainant not satisfied with award of Banking ombudsman can approach Ombudsman appellate, authority within : @ 30 days of receiving copy of Award., • Which of these is not current liability : @ Advance payment made to suppliers, • Charge for which are debited from customer account at the time of documentation : @ CERSAI, • What is to true about FDI : @ lasting interest in business, • Break even point refers to : @ no profit no loss level of production, • Limitation period for lien : @ No limitation, • income limit for Central sector interest subvention in education loan : ₹ 4.5 lakh, • HUF form to be signed by : @ Karta and all adult coparceners., • Reduction in currency value due to market forces : @ Depreciation, • when borrower undertakes to not create any charge on assets without consent of bank : @, Negative lien., • Maximum period including extension acceptable under RERA : @ 48 months, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 18 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • As per IT Act TDR proceeds of _____and above be given in account only and not in cash : @ Rs, 20000, • National rural livelihood mission renamed as : @ Dindayal Upadhyay Antoday Yojana, • Operating cycle includes : @ time taken to convert raw material into cash, • CCTV footage to be preserved for : @ 90 days may vary from bank to bank., • Presumption of death of a missing person after passage of _____ @ 7 years, • Pension software ADHAR besed : @ Jeevan pramaan, • unclaimed deposit : no operation for 10 years, • Position of which property cannot be taken under Sarfaesi Act : @ agricultural land, • interest coverage ratio is calculated by :@ Eearning before interest and Tax divided by interest, expenses, • How many digits are there in a Aadhar Card /Aadhar number :@ 12 digit, • What is the rate of provisioning for doubtful accounts if it is a doubtful for more than 3 years : @, 100% hundred for secured portion & 100% for unsecured portion (i.e. 100% of outstanding balance), • Insurance of Bank deposit is done by DICGC . The premium is 10 paise per Rs 100 per annum. How, much of this premium is borne by bank? 100% premium is borne by bank., • Intrest rate in by Bank decided by whom ? @ Board of Directors or Asset liability Management, Committee of the bank, • A borrower who does not repay bank loan despite the fact that he has profits to repay the same is, called : @ Wilful defaulter, • Why loan is not given to minor: @ because Bank cannot legally recover the same from Minor, • What is the minimum amount for RTGS transaction : @ ₹ 2 lakh, • Banking ombudsman appointed for : @ period of 3 years ., • As per Sarfaesi Act after taking possession how many days notice is served before sale of property :, @ 30 day notice to borrower, • Difference between deferred payment guarantee and term loan : Otlay of fund, • Bank Guarantee is : @ Contingent liabilities, • Calculate drawing power with following particulars CC limit 5 lakh , stocks 6 lakh, margin 25%, percent : @ Rs 4.5 lakh, • in case of agriculture loan no Collateral security to be taken up to Rs 1.6 lakh, • in joint liability group number of member can be : @ 4- 10, • in case of equitable mortgage night title Deed are to be deposited at : @ notified place notified by, State Government, • A deposit account has been opened in the name of A and B with operational instruction being, Either or Survivor C is the nominee after death of A amount is payable to : B who is survivor and not, to Nominee C, • A loan account is classified SMA1: @ it is a irregular for 31 to 60 days, • Who is appointed as agent of bank for providing door to door services as part of financial inclusion, : @ business correspondent, • Lok Adalat maximum amount ₹20 lakh but if arranged by DRT then claims of : @ more than Rs 20, lakh can also so be filed with Lok Adalat, • Maximum award by ombudsman in credit card : @ Rs 1 lakh, • in case of failed ATM transaction if there is delayed beyond 7 working days in affording credit Bank, will have to pay compensation at the rate of : @ Rs 100 per day, • An account became doubtful when it remains sub standard for : @ more than 12 months, • if time is not mention on bill of exchange it is called : demand bill, • what is the maximum period for FCNR deposits : @ minimum 1 year and maximum period is 3, years, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 19 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • what is the validity period of KCC: @ 5 years., • A person who receives a cheque can do which type of crossing : @ General crossing or special, special crossing (including account payee and not negotiable crossing ), • Period of limitation demand promissory note : @ 3 years from the date of DPN., • Which of the following is not a method of recovery for which provision are applicable under any, act : compromise, • What is General crossing : @ two parallel lines on face of a cheque, • Signing of a negotiable instrument on the back of face therefore or on a slip of paper annexed, thereto for the purpose of negotiation is called : @ Endorsement., • Clayton's rule is related to : @ Appropriation of payments., • What is the Moratorium period in education loan : @ study period plus 1 year, • Maximum age of girl child for Sukanya Samriddhi scheme : @ 10 years, • what is the interest rate given by RBI on CRR balance : Nil, • stock of a limited company hypothecated to bank charge to be registered : @ with ROC in whose, jurisdiction registered office of the company is located ., • import bill should be within how much period from the date of shipment : @ 6 months., • who decided interest rate on saving deposit : @ Bank their self not RBI., • 31 to 60 days irregular account is related to which category : SMA 1, • The person entitled who worked Like bank on behalf of a bank : @ Business correspondents ., • 15 March is celebrated as : World Consumer Rights Day, • A loan granted by State Government in which principal and interest is overdue is declared npa, after how many days : 90 days, • Personal loan is given to generally at EMI basis : @ EMI includes in the initial stage interest is more, and principle is but in later stage principal is more and interest is less., • Before taking possession under Sarfaesi notice should be given for : 60 days., • Reporting of suspicious transaction within : 7 days of conformation of suspicious, • As per section 107 and 108 of Indian Evidence Act a person is declared as having died if missing for, : @seven years, • Who can cross a cheque: @ Before delivery Drawer and after delivery holder Can cross the cheque., • Foreign currency is to be submitted in how many days : 180 days of arrival in India., • partnership firm is not registered what will be the effect : cannot file suit for recovery, • Unclaimed deposit report goes to RBI : Monthly and amount of unclaimed deposit is sent to RBI., • Ultraviolet lamp test in cheque above amount : ₹ 2 lakh and above, • How many days holder should file a case in case of dishonour of cheque : Due to insufficient fund, one month from the date of cause of action., • Bank are are required to preserve form 15G & 15 H for how many years : @ 7 years from close of, the financial year., • Full form of IFSC : Indian financial system code, • ight of subrogation right of Guarantor after payment of dues to bank, • UCPDC related to : letter of credit, • how much amount can we send under liberalised remittance scheme in a financial year : US dollar, 2.5 lakh, • IMPS full form : Immediate payment service, • in Mudra , Dstand for : Development., • RBI is Nationalised on with effect from : 1st January 1949, • Export Import business comes under which ministry : Ministry of Commerce., • Within how much time query under RTI act should be replied from the date of receiving, application : 30 days, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 20 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • GST rules applicable from : 1 July 2017, • Current asset minus current liability is equal to : Net working capital., • What is the purpose of calculating current ratio and quick ratio : @ to know the liquidity of the, firm, ability of the form to play current liability in time, • Balance sheet shows : Financial position of a firm, , • What is the maximum limit of loan under PMEGP in first and 2nd dose? (Ans. First dose at Project, cost of Rs.25.00 Lacs for manufacturing and Rs.10.00 Lacs for service less 10% margin for General, category or 5% margin for special category. Second dose maximum loan @ and Rs.100.00 Lacs for, manufacturing and Rs.25.00 Lacs for service sector.), • Which is the national level Nodal agency for PMEGP? (Ans. KVIC), • What is the maximum loan amount under Agriculture infrastructure project for inclusion under, Priority Sector? (Ans. ₹100 crore per borrower from the banking system), • Who formulated BASEL Committee on Banking Supervisions? (Ans. Central bank Governors of the, G-10 countries in the year 1974), • BASEL-I guidelines published in which year? (Ans. 1988), • BASEL-II guidelines are published in which year? (Ans. June 2004), • What is the minimum capital requirement under BASEL-III guidelines and what is the minimum, capital requirement stipulated for Banks in India (Tier I + Tier-II excluding CCB)? (Ans. 8% and 9%, respectively), • Who is authorized to for setting business standards, rules and procedures for technical and, business requirements for all participants under Bharat Bill Payment System? (Ans. National, Payments Corporation of India (NPCI)), • Loan to small farmer for purchase of agricultural land is classified under which category of Priority, Sector Lending?(Ans. Agriculture Farm Credit), • Expenses made for preparation of a project of a firm are classified as ____ in the Balance Sheet, (Ans. Preliminary and Pre-operative expenses)., • RBI is empowered to issue Priority Sector Lending guidelines under Which Act/Section? (Ans., Sections 21 and 35A of the Banking Regulation Act, 1949), • What is the minimum limit of debt for admission of a case in DRT? (Ans. Rs.20.00 Lakh), • What is the minimum and maximum amount of Fund transfer that can be done through RTGS?, (Ans. Rs.2.00 Lacs and No limit), • How many digits are there in IFSC Code? (Ans.11), • Amount of Revolving Fund assistance to SHGs under DAY-NRLM is _____ (Ans. Minimum of ₹10,, 000 and up to a maximum of ₹15,000 per SHG), • As per the Banking Companies (Period of preservation of records) rules 1985, Banks are required, to preserve the records for how many years? (Ans. 5-8 years immediately preceding the current, calender year), • Demand Draft / Pay orders exceeding what amount should not be issued by cash? (Ans., Rs.50,000/-), • Cases under DAY-NULM are sponsored by ___ (Ans. Urban Local Body (ULB)), • What is the extent of guarantee cover available under Credit Guarantee Scheme for Stand Up India, (CGSSI) ? (Ans. 80% of the amount in default for credit facility above Rs.10 lakh and upto Rs.50 lakh,, subject to a maximum of Rs.40 lakh. For credit facility above Rs.50 lakh and upto Rs.100 lakh - Rs.40, lakh plus 50% of amount in default above Rs.50 lakh subject to overall ceiling of Rs.65 lakh of the, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 21 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, amount in default.), • Rearing/Farming of Fresh Water Fishes is called: (Ans. Aquaculture), • What is the Full Form of TReDS ? (Ans. Trade Receivables e-Discounting System), • Loans granted to units in the KVI sector will be eligible for classification under: (Ans. Micro, Enterprises under MSME), • At least what percentage of loans granted to SHGs under NRLM to be used primarily for income, generating productive purposes? (Ans. 50% of loans above ₹2 lakh, 75% of loans above ₹4 lakh and, 85% of loans above ₹6 lakh), • Section 11 of Banking Regulation Act deals with: (Ans. minimum paid-up capital and reserves, required by a Banking Company), • What is the maximum Turnover Criteria for Micro Enterprises under MSME? (Ans. Rs.5.00 crores), • CGTMSE may reject the claim if the account turns NPA within a period of _____from the date of, revival of account. (Ans. 180 days), • At least _____% of the beneficiaries under NRLM should be SC/STs (Ans. 50%), • Appeal against the award or decision of the Banking Ombudsman to be made within a period of, _____________(Ans. 30 days of the date of receipt of the Award), • What is the amount that can be financed to an SHG under NRLM in second dose? (Ans. 8 times of, the existing corpus or minimum of ₹2 lakh, whichever is higher), • In hybrid security model under CGTMSE Coverage, CGTMSE will have what type of charge on, Primary and Collateral Securities? (Ans. Paripassu Charge for Primary Security and 2nd charge on, collateral security), • What is the rate of incentive payable to Bank Branches for exchange of soiled notes up to, denomination ₹ 50 over the counter? (Ans. ₹ 2 per packet), • Banks should settle the deceased claims of the deceased depositors accounts within _______ days, from the date of receipt of the claim along with all required documents. (Ans. 15 days), • Maximum Overdraft limit permissible in PMJDY Accounts is; (Ans. Rs.10,000/-), • Who is eligible for remittance abroad under Liberalised Remittance Scheme? (Ans. Resident, individuals only. HUF and firms/companies are not permitted), • A Document is defined under which act? (Ans. Section 3 of Indian Evidence Act, 1872), • Section 26C of SARFAESI relates to; (Ans. Effect of registration of charge on CERSAI), • Under GST, e-Way bill is mandatory for inter state transportation of goods where value of, goods/bill exceeds Rs________ (Rs.50,000/-), • Contactless payment through card can be made by placing the card at close proximity to the device, using Near Field Communication within a maximum distance of ___________ (Ans. 4.00 cm), • After issue of demand notice U/s 13(2) of SARFAESI Act, if the borrower makes any representation, or raises any objection to the notice, the Authorized Officer shall reply within ______ days of receipt, of such representation or objection (Ans. 15 days), • Bank finance to agriculture infrastructure projects up to what amount can be classified under, Priority Sector Lending? (Ans. 100.00 crores), • What is the target for Banks to achieve finance to Micro Enterprises? (Ans. 7.5% of ANBC or CBOE, whichever is higher), • As per the recent guidelines, what is the admissible age to avail the benefits of Senior Citizens, Deposit Scheme for Retired personal of Defence Services excluding civilians? (Ans. On attaining age, of 50 Years.), • Type of partnership, where there is no fixed period has been agreed upon for the duration of the, partnership; and there is no provision made as to the determination of the partnership is known as;, (Ans. Partnership at Will), • Under NRLM, the group should have at least what percentage of members from poor families?, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 22 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, (Ans. 70%), • No margin to be stipulated for Bank loans under agriculture up to what amount? (Ans. 1.60 Lacs), • For default in payment of monthly contributions under Atal Pension Yojana, what is the amount of, penalty to be charged for monthly contributions worth upto Rs. 100? (Ans. Re. 1 per month), • A user can send up to Rs ___________ per transaction and a maximum of Rs ____________ per, day for one bank account linked with BHIM. (Ans. Rs. 100000/- and Rs.100000/-), • In case of appeal against conviction u/s 138 awarded by the trial court, the drawer of a cheque, should deposit minimum percentage sum of what percentage of the compensation awarded? (Ans., 20%), • Utility bill which is not more than ___________months old of any service provider (electricity,, telephone, post-paid mobile phone, piped gas, water bill) may be accepted as OVD for proof of, address as per KYC Guidelines (Ans. Two months), • TDS on rent on premises to be paid if the amount of rent exceeds Rs. __________ in a Financial, Year. (Ans. Rs.2,40,000/-), • What is the guarantee scheme the Prime Ministers Mudra Yojana loans are covered under? (Ans., CGFMU), • What is the maximum amount of Housing loan and project cost which can be classified as Priority, Sector in areas having population above 10 Lakh? (Ans. Rs.35.00 Lakh and Rs.45.00 Lakhs), • Loans up to ₹__________ in metropolitan centres and up to ₹________ in other centres for, repairs/renovation of House can be classified under Priority Sector Lending (Ans. ₹10 lakh and ₹6, lakh), • Farmers with landholding of up to _________are treated as Marginal Farmers (Ans. 1 hectare), • What is the upper limit of investment in plant and machinery or equipment maximum amount of, annual turnover for Small enterprises? (Ans. Rs.10.00 crore and Rs.50.00 crore), • In case of a partnership firm, the beneficial owner is the natural person, having ownership, of/entitlement to more than ________ per cent of capital or profits of the partnership. (Ans. 15%), • What is the full form of CERSAI? (Ans. Central Registry of Securitisation Asset. Reconstruction and, Security Interest of India), • What is the full form of DDOS software? (Ans. Distributed denial of service (DDoS) attacks are a, subclass of denial of service (DoS) attacks. A DDoS attack involves multiple connected online devices,, collectively known as a botnet, which are used to overwhelm a target website with fake traffic.), • What is the maximum loan amount under Agri-infrastructure for classification in priority sector, (Ans. Rs.100.00 crores per borrower)?, • What is Card skimming? (Ans. Skimming is an illegal practice used by identity thieves to capture, credit/debit card information from a cardholder surreptitiously), • As per Section 143A of NI Act, the drawer of the cheque to pay interim compensation to the, complainant not exceeding ________ per cent of the amount of Cheque. (Ans. 20%), • What is the maximum limit under Liberalized Remittance Scheme for remittance abroad by a, resident individual?(Ans. USD 250000 per Financial Year), • How much amount of Indian currency notes of denomination ₹200/- and/or ₹500/- an individual, travelling from India to Nepal or Bhutan may carry? (Ans. ₹25,000/-), • What is the platform of RBI for registration of frauds of Rs.1.00 Lakh and above? (Ans. Frauds, Reporting and Monitoring System-FRMS)., • What is the provisioning required for Standard Micro and Small Enterprises Loan accounts? (Ans., 0.25%), • What is the additional interest subvention for prompt repayment under NRLM? (Ans. 3%), • What is the maximum amount of third-party cheque that can be collected on behalf of individual, members of a cooperative society? (Ans. Rs.50000/-), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 23 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • What is the full form of EASE? (Enhanced Access and Service Excellence), • What is the type of liability in case of a Bank guarantee? (Ans. Contingent Liability), • What is the meaning of an inchoate instrument? (An instrument which is signed but not filled in), • Bankers right to combine the accounts of customer having debit and credit balance and settle the, dues is called;(Ans. Right to Set-Off)., • Mortgage defined in which act? (Ans. Section 58 (a) of the transfer of property act, 1882), • What is the discount rate to be applied for calculation of NPV of Interest subsidy under PMAY MIGI&II (Ans. 9%), • The unspent foreign currency has to be surrendered within a period of_______ from the date of, return to India? (Ans. 180 days), • What is the maximum NPV of subsidy amount under PMAY MIG-II? (Ans. Rs.2.30 Lakhs), • Deferred payment guarantee is which type of guarantee (performance, financial or bid bond)?, (Ans. Financial)., • Can a Bank pass a cheque drawn by Power of Attorney holder after death of account holder? (Ans., NO. The authority given to the agent under a PoA stands terminated immediately on the death of, the principal)., • When the NEFT gets returned and there is delay in part of Bank in crediting customers account,, what is the penalty payable by Bank? (Ans. If the NEFT transaction is not credited within two hours, after batch settlement, then the bank is liable to pay penal interest to the affected customer at Repo, Rate plus two percent for the period of delay / till the date of credit or refund), • Under RTI Act, what is the penalty per day for not replying the information sought within 30 days, or wrong reply? (Ans. Rs.250/- per day), • An overdue crop loan account becomes NPA when the overdue continues for; (Ans. 2 crop seasons, for short duration crop and one crop season for long duration crop.), • What is the liability of partner in partnership firm? (Ans. Jointly and severally), • Which committee recommended that, a full-service approach to cater to the diverse needs of the, SME sector may be achieved through extending banking services to recognized SME clusters by, adopting a 4-C approach? (Ans. Ganguly Committee), • Which type of account can be opened by a person resident of USA visiting to India for a short, period? (Ans. NRO Account for 6 months), • Retail housing loans will attract a risk weight of ____% where LTV is less than or equal to 80%, (Ans.35% irrespective of amount), • Retail housing loans will attract a risk weight of _____% where LTV is more than 80% but less than, or equal to 90% (Ans.50% irrespective of amount), • As announced by BIS, the implementation date of the Basel III standards finalised in December, 2017 has been deferred to; (Ans. 1 January 2023), • Crystallisation of import bills means what? (Ans. The process of converting foreign currency liability, of the importer into Indian Rupee liability), • What is the limitation period for execution of a decree? (Ans.12 Years from the date of decree), • What is the income criteria under PMAY MIG-II? (Ans. More than Rs.12.00 Lakh and up to Rs.18.00, Lakh per annum), • What is the Full forms of NPCI, VPA, IMPS, NCLT, CERSAI and PPC (Ans: NPCI-National Payments, Corporation of India, VPA-Virtual Payment Address, IMPS-Immediate Payment Service, NCLTNational Company Law Tribunal, CERSAI-Central Registry of Securitisation Asset Reconstruction and, Security Interest of India,PPC- Pay per Click), • Which agency provides refinance under WASH (water sanitation and hygiene) scheme? (Ans., NABARD), • What is the maximum number of farmers in Farmers Club? (Ans. No maximum limit), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 24 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • FATCA exclusion is applicable for which categories- (Minor, Illiterate, Pensioner or Student)? (Ans:, Pensioner Account), • Which agency provides Forex rate daily? (Ans. FBIL), • FX retail developed by_____ which is introduced by RBI (Ans: Clearing Corporation of India Ltd., (CCIL) ), • Positive payment system is developed by________ as per RBI directives (Ans: NPCI), • What is the maximum age for enrolment under NPS? (Ans: 65 years), • Which section of SARFAESI Deals with Sale notice? (Ans: Section13), • What is the minimum bid amount to be paid by the successful bidder for confirmation of bid/sale, in case of auction of property under SARFAESI? (Ans.25%), • As per BCSBI, Banks have to return the mortgaged documents within how many days of closure of, loan / application for the same? (Ans: 15 days), • Reply to information sought under RTI to be given within a maximum period of___(Ans: 30 days), • As per which act/section, Bank notes not to be stapled? (As per RBI directives issued under Section, 35A of the Banking Regulation Act, 1949), • Which act/section deals with Lien? (Ans: Section 170 & 171 of Indian Contract Act 1872), • Which act deals with Assignment? (Ans: Transfer of Property Act), • NEFT process under which settlement? (Ans: Net settlement), • LIGO is related to which type of insurance? (Ans: Residential Landlord’s Insurance which covers the, rented property from damage sustained to the building and contents. Includes rental specific losses, such as theft by tenant, loss of rental income due to property damage and liability incurred as a, landlord), • What is the maximum per transaction limit for bill payment through Bhim? (Ans. Rs.40000/-), • What is the relationship between Bank and customer in case of safe custody of articles? (Ans:, Bailee and Bailor), • Where does the amount needs to be transferred from a Savings account not used for more than 10, years? (Ans: DEAF, maintained by RBI), • A savings as well as current account should be treated as inoperative / dormant if there are no, transactions in the account for over a period of __________? (Ans: 24 months), • What is the Full form of SIP? (Ans. Systematic Investment Plan), • Who is the majority shareholder of CRISIL? (Ans. Standard & Poor's), • Which is not OVD as per KYC Norms (PAN, Passport, Proof of possession of Aadhaar or Driving, Licence)? (Ans: PAN), • Repayment of Education loan interest can be shown for IT exemption under 80E for a maximum of, how many years? (Ans: 8 Years), • What is the income ceiling for Finance under PMEGP? (Ans. No income ceilings), • NABARD established in which year? (Ans. 1982), • What will be the demand curve for salt? (Ans. Some goods like salt being necessary goods are price, inelastic i.e even if the price of salt increases, people will generally keep buying it. Firms with, monopoly power will face an inelastic demand curve. The curve will be downward sloping), • In which market sellers creates product differentiation? (Ans. Monopolistic market), • Which country is the second largest wheat producer after China? (Ans. India), • What is the maximum loan amount under Sishu, Kishor and Tarun category in PM MUDRA, Scheme? (Ans. Rs.50,000/-, Rs.5,00,000/- and Rs.10,00,000/- respectively.), • What is the minimum margin requirement criteria under MUDRA Scheme? (Ans. Banks may not, insist margin on Sishu Loans and for Kishore and Tarun Loans margin will be as per Banks policy, guidelines), • What is the meaning of Inchoate instrument? (Ans. As per section 20 of NI Act, inchoate, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 25 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, Instrument is aninstrument which is incomplete with respect to date, payee and amount.), • For low-risk customers OVD is required to be submitted by the account holder after how many, years of opening the account for carrying out Re-KYC? (Ans. 10 Years), • What is the debt velocity if average debtors outstanding is Rs.20.00 Lakhs and sales is Rs.120.00, Lakhs? (Ans. 20*12/120= 2 Months), • The curve of Quantity of commodity to ________ will be downward slopping. (Ans. Price of, Commodity), • Bulk Deposits are term deposits with value of Rs_______________(Ans. Single deposit of Rs.2.00, crores and more), • What is the borrowers margin requirement under Stand-up India scheme for SC/ST? (Ans. 15% as, per Union budget announcement 2021-22), • What is the maximum tenor of FCNR Deposit? (Ans. 5 Years), • What is the rate applicable when RBI lends to Banks against Govt. Securities? (Ans. REPO), • What is the maximum outstanding amount for referring a case to Lok Adalat for recovery, settlement? (Ans. Rs.20.00 Lakhs), • What is Paripassu Charge? (Ans. Charge on a Asset by more than one lenders/charge holders with, equal rights), • What is the provisioning requirement for secured portion of a Doubtful Asset up to 2 years? (Ans., 40%), • Suspicious Transaction report to be reported within how many days of its confirmation? (Ans. 7, days), • What is the relationship between Bank and a customer in case of Overdraft? (Ans. Creditor and, Debtor), • What is the objective of MNREGA? (Ans. To enhance livelihood security in rural areas by providing, at least 100 days of guaranteed wage employment in a financial year, to every household whose, adult members volunteer to do unskilled manual work.), • Whether Cheque issued by POA Holder can be paid after death of account holder? (Ans. No), • What is the full form of NCAF? (Ans. New Capital Adequacy Framework), • Whether registration of Partnership firm is compulsory? It should be registered with whom? (No,, Registrar of Firms), • What is the Category of a credit facility which remains overdue for 1-30 days? (Ans. SMA-0), • What is the full form of FEDAI? (Ans. Foreign Exchange Dealers Association of India), • What is the maximum loan amount against pledge of Warehouse receipt to be included under, Priority Sector lending and under which sub-sector it will be classified? (Ans. Rs/50.00 Lakhs), • What is the new definition of MSME? (Ans. As per new definition of MSME, Micro Entereprise is, where the investment in plant and machinery or equipment does not exceed one crore rupees and, turnover does not exceed five crore rupees. SMALL ENTERPRISE: Where the investment in plant and, machinery or equipment does not exceed ten crore rupees and turnover does not exceed fifty crore, rupees. MEDIUM ENTERPRISE: Where the investment in plant and machinery or equipment does not, exceed fifty crore rupees and turnover does not exceed two hundred and fifty crore rupees.), • Speculative buying and selling means? (Ans. speculative trading, refers to the act of conducting a, financial transaction that has substantial risk of losing value but also holds the expectation of a, significant gain or other major value.), • 'Per Drop More Crop' component of Pradhan Mantri Krishi Sinchayee Yojana focuses on; (Ans., Enhancing water use efficiency at farm level through Micro Irrigation technologies viz. Drip and, Sprinkler irrigation), • What is the maximum loan amount and purpose under Social Infrastructure for classification under, Priority Sector? (Ans. Up to ₹5 crore per borrower for setting up schools, drinking water facilities and, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 26 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, sanitation facilities etc. and loans up to a limit of ₹10 crore per borrower for building health care, facilities including under ‘Ayushman Bharat’ in Tier II to Tier VI centres.), • What is the minimum Current Ratio and DSCR required for COVID relief package? (Ans. Current, ratio and DSCR shall be 1.0 and above, and Average DSCR shall be 1.2 and above.), • A residential Real Estate project must be registered under RERA if the area of the project is, _______ and the number of apartments is ________. (Ans. 500 Sq. mtrs or above and more than 8, apartments.), • What are the agriculture ancillary activities as per Priority Sector Lending norms? (Ans. Loans up to, ₹5 crore to co-operative societies of farmers, Loans up to ₹50 crore to Start-ups, that are engaged in, agriculture and allied services, Loans for Food and Agro-processing up to an aggregate sanctioned, limit of ₹100 crore per borrower from the banking system and Outstanding deposits under RIDF and, other eligible funds with NABARD on account of priority sector shortfall.), • What is the full form of UFCE? (Ans. Unhedged foreign currency exposure), • Which is India’s first international exchange? (Ans. India International Exchange (IFSC) Limited, (India INX) is India’s first international exchange in International Financial Services Centre (IFSC),, Gujarat International Finance-Tec City (GIFT City). India INX is a subsidiary of BSE Limited.), • Who is the chairman of Financial Stability and Development Council (FSDC)? (Ans. Union Finance, Minister –Smt. Nirmala Sitharaman), • What is Govt. Contribution under NPS? (Ans. 14% for Central Govt. Employees and 10% for other, Govt. Employees), • What is the minimum amount of deposit / withdrawal allowed from currency chest as per RBI, Guidelines? (Ans. The minimum amount of deposit into / withdrawal from currency chest will be ₹, 1,00,000 and thereafter, in multiples of ₹ 50,000.), • Use of Hindi in Banks is governed by which Act? (Ans. Official Languages Act, 1963 (as amended in, 1967) and the Official Language Rules , 1976), • What is the lower limit to proceed under SARFAESI? (Ans. NPA Accounts with Outstanding more, than Rs.1,00,000/-), • What is the limitation period under Mortgage? (Ans. 12 years from the date from which mortgage, money becomes due), • What is the full form for CGTMSE? (Ans. Credit Guarantee Fund Trust for Micro and Small, Enterprises)., • What is the full form RAROC? (Ans. Risk Adjusted Return on Capital., • What is the full form of CRILC? (Ans. Central Repository of Information on Large Credits), • What is the full form of CARE? (Ans. Credit Anaysis and Research), • What is the full form of PCGS ? (Ans. Partial Credit Guarantee Scheme (PCGS) 2.0 was launched to, provide portfolio guarantee for purchase of bonds or commercial paper with a rating of AA and, below by Public Sector Banks issued by NBFCs/ HFCs / MFIs as a part of Aatmanirbhar Bharat, Abhiyan), • What is the full form of LGD? (Ans. Loss Given Default (LGD) is a key component in calculating the, expected loss on a particular loan. LGD is the share of a loan that is lost when a borrower defaults.), • What is the full form of ALCO? (Ans. Asset Liability Committee (ALCO) is responsible for overseeing, the management of a bank's assets and liabilities.), • What is the repayment period in case of 1st dose loan given under DAY-NRLM? (Ans. 24-36, Months), • Basel I, Basel II and Basel III is related to which field? (Ans. Minimum capital requirement for Banks,, supervisory review and market discipline), • What is the maximum insurance coverage under DICGC? (Ans. Rs.5.00 Lakhs), • What is the age of exist under APY for getting pension? (Ans. 60 Years), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 27 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • What is the amount of premium per year under PMJJBY? (Ans. Rs.330/-), • What is the maximum credit allowed in Small Savings account in a year? (Ans. Rs.1.00 Lakh), • SLR is defined under which section and act? (Ans. Section 24 of Banking Regulation Act), • If Net Working Capital of an entity is Rs.12.00 Lakhs, Current Liability is Rs.48.00 Lakhs, what will be, the Current Ratio? (Ans. CA-CL = NWC. Therefore CA-48=12, So CA will be 60. Hence Current Ratio =, 60/48=1.25), • What is the guarantee fee to be charged under CEGCL Scheme by NCGTC? (Ans. NIL), • Financial Markets operations dept. controlled by whom? (Ans. RBI), • What is the maximum carpet area ceiling for LIG Housing Loan under PMAY (urban)? (Ans. 60, Sq.mtr), • MSP of agri commodities recommended by; (Ans. Commission for Agricultural Costs and Prices, (CACP)), • What is the limitation period for making appeal against the decision of NCLT? (Ans. thirty days, from the date of the order of NCLT), • What is Pledge? (Ans. Pledge which is defined u/s 172 of Contract Act, is bailment of moveable, goods as security for securing payment of debt and interest. Possession of goods with the Bank,, while ownership remains with the Borrower.), • What is the full form of MITC? (Ans. Most Important Terms and Conditions), • As per BCSBI guidelines, Banks should close the Credit Cards within what period of receipt of, application from the customer? (Ans. Within 7 working days), • A customer should report any dispute related to Credit card bill within a time period of _______, (Ans. 60 days from billing date), • How many pillars are there in Union budget 2021? (Ans. Six), • What is World thrift day and on which day it is observed? (Ans. World Savings Day is observed, every year on October 31 all over the world. Previously known as World Thrift Day, this day is, celebrated in India on October 30. This day is dedicated to promote the importance of savings and, learn more about the same.), • What is the size of loan under MUDRA-TARUN scheme? (Ans. Above Rs.5.00 Lakhs and up to, Rs.10.00 Lakhs), • How many days are provided to Negotiating, confirming and Issuing Bank to verify the authenticity, of documents presented under LC? (Ans. 5 Banking days each), • Which is the latest version of UCPDC in operation as on date? (Ans. UCPDC 600), • What is the full form of FATF? (Ans. FATF Stands for The Financial Action Task Force is the global, money laundering and terrorist financing watchdog. The inter-governmental body sets international, standards that aim to prevent these illegal activities and the harm they cause to society.), • Which Indian Bank launches "Mooh Band Rakho" campaign to create awareness on cyber frauds?, (Ans. HDFC Bank), • Loans to individuals for educational purposes, including vocational courses, not exceeding, _______will be considered as eligible for priority sector classification. (Ans. ₹ 20 lakh), • How much amount has been allocated in Union Budget 2021 for PM AtmaNirbhar Swasth Bharat, Yojana? (Ans. Rs 64,180 crores over 6 years), • Blue Revolution / Blue Economy relates to; (Ans. Pisciculture / Fish Production), • Indian Railways has planned for 100 per cent electrification of its broad-gauge routes by the, year______(Ans.2023), • What is the amount of dividend announced by RBI to Central Government during 2020? (Ans. Rs, 57,128 crore), • What is the numbers of Banks at present as per second schedule of RBI Act? (Ans. 12 PSBs, 22 Pvt., Sector Banks, 10 Small Finance Banks, 2 Payment Banks, 43 RRBs and 46 Scheduled foreign Banks in, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 28 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, India), • The Head Quarter of NHB is located at _______(Ans. New Delhi), • The World Economic Forum will convene the Special Annual Meeting 2021 in which country from, 25-28 May?(Ans. Singapore), • Type of Mutual Fund investment scheme where the shares can be issued and redeemed at any, time is termed as___________ (Ans. Open-ended Mutual Fund), • Who is the current chairman of PFRDA? (Ans., • GeM deals with________ (Ans. Government e-Marketplace (GeM) is a one stop portal to facilitate, online procurement of common use Goods & Services required by various Government Departments, / Organizations / PSUs.), • What is the third letter stands for in BSBDA? (Ans. Bank), • What is the minimum Total Capital Adequacy Ratio required as per BASEL-III? (Ans. 9% and, including Capital Conservation Buffer it should be 11.50%), • If NWC is Rs.200.00 Lakhs, Current Liability is Rs.100.00 Lakhs, what should be the Current Ratio?, (Ans: NWC = CA-CL Therefore, 200 = CA-100. Hence CA= 300. So Current Ratio = CA/CL =, 300/100=3:1), • Loans for agriculture infrastructure such as Loans for construction of storage facilities (warehouse,, market yards, godowns and silos) including cold storage units, will be classified under Priority Sector,, subject to an aggregate sanctioned limit of ____________ (Ans.₹100 crore per borrower from the, banking system.), • What is the additional interest subvention facility available for prompt repayment of Short-Term, Crop Loans up to a prescribed limit? (Ans. 3.00%), • Loans to individuals up to ____________in metropolitan centres (with population of ten lakh and, above) for purchase/construction of a dwelling unit per family provided the overall cost of the, dwelling unit does not exceed _________shall be classified under Priority Sector Lending. (Ans. ₹35, lakh and ₹45 lakh, • What is an FCRA Account? (Ans. Foreign contribution regulation Act 1976 or FCRA is a law is, enforced by the ministry of Home affairs, Government of India which regulates receipt of foreign, contributions or aid from outside India to Indian territories. For this purpose, the entity receiving, foreign contributions should open FCRA Account with designated Branch of SBI), • PAN Card consists of ____________ digits and the first 4 characters represents______ (Ans. 10, digits. The first three characters represent the alphabetic series running from AAA to ZZZ. The fourth, character of PAN card tells the constitution., • For all individual taxpayers, the fo. In Union Budget 2021, Rs.20,000 crore has been allocated, for_________ (Ans. For Capital infusion into PSBs), • What is the maximum amount that can be deposited in Sukanya Samridhi Account in a Financial, Year? (Ans. Rs.1.50 Lakhs), • What is the maximum deduction allowed under section 80 TTA of IT Rules? (Ans. Section 80TTA, allows deduction of interest earned in Savings Account maintained at Bank/Post Offices. The, maximum deduction is limited to Rs 10,000.), • Financial Stability Report is released by____ (Ans. RBI), • CIFT has prepared Hand sanitizers from Sea Weeds. CIFT is located at_________(Ans. CIFT Stands, for Central Institute of Fisheries Technology and is located at Cochin, Kerala), • In a partnership firm, minimum __________% of capital is required to be held by a partner to, become the beneficial owner of the account of the partnership firm? (Ans.15%), • PM SVANIDHI is what type of loan and is guaranteed by whom? (Ans. It is in the nature of Working, Capital assistance for an amount of Rs.10000/- for Street vendors/ hawkers vending in urban areas, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 29 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, and is guaranteed by CGTMSE), • Suppose your Banks annual Locker rent is Rs.7400/- and the Break open charges is Rs.2000/-, then, how amount of security deposit can be collected from the customer while allocating safe deposit, locker? (Ans. Maximum 3 years rent + Break open Charges, Hence Rs.7400 ×3 + Rs.2000/- =, Rs.24200/-), • Clytons rule is applicable in which type of credit facilities? (Ans. Cash Credit/Overdraft limit), • Within how many days Bank has to reply to the representation made by borrower with respect to, notice under SARFAESI? (Ans. 15 days), • What is the Risk weight applicable for exposure to Commercial Real Estate (CRE) Sector? (Ans., 100%), • What is the maximum loan tenure (in years) for calculation of interest subsidy in case of PMAY, MIG-1? (Ans. 20 Years), • What is PM KUSUM Yojana and its objectives? (Ans. Ministry of New and Renewable Energy, (MNRE) has launched the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM, KUSUM) Scheme for farmers for installation of solar pumps and grid connected solar and other, renewable power plants), • Report on Counterfeit Currency notes detected by Banks should be reported to RBI and FIU-IND, within a period of; (Ans. On a monthly basis to the Issue Office of Reserve Bank concerned so as to, reach them by 7th of the next month and to FIU-IND by the 15th day of the succeeding month), • What is the minimum number of days’ notice for sale is required under SARFAESI? (Ans. 30 Days), • Audio-Visual KYC Process is called as________ (Ans. VCIP: Video-based Customer Identification, Procedure or V-CIP is a seamless, real-time, and end-to-end encrypted procedure envisaged by RBI, for digital customer identification and paperless KYC verification. This alternative video-based, process is carried out by banks or other Regulated Entities (REs) through an official trained for faceto-face V-CIP.), • The Foreign Account Tax Compliance Act (FATCA) is a statutory law of which country, that requires, their persons who live outside the country to report their financial accounts held outside of the, country, and requires foreign financial institutions to report to the Internal Revenue Service (IRS), about their clients? (Ans. USA), • Mahesh is operating the account of Rakesh as his Power of Attorney holder. Bank has received a, cheque signed by Mahesh after death of Rakesh. What should be the course of action by Bank? (Ans., Cheque should not be paid because the authority given to PoA holder ceases after death of the, principal.), • An NRI of specific countries can claim TDS on interest on NRO Account following which clause?, (Ans. DTAA i.e Double Tax Avoidance Agreement), • Software owned by a company to be classified as _________ in the Balance Sheet? (Ans. Intangible, Asset), • No court inferior to that of a ____________shall try any offence punishable under section 138 of, NI Act. (Ans. Metropolitan Magistrate or a Judicial Magistrate of the first class), • Hypothecation is defined in which act? (Ans. SARFAESI Act), • What is the maximum SMS Transaction payment limit? (Ans. Rs.5000/-), • What is the capital charge for operational risk under Basic Indicator Approach? (Ans.15% of, average Positive Gross income of preceding three financial years), • Which are the part of Tier-II Capital as per BASEL-III norms? (Ans. General Provisions and Loss, Reserves, Perpetual Cumulative Preference Shares (PCPS) / Redeemable Non-Cumulative Preference, Shares (RNCPS) /Redeemable Cumulative Preference Shares (RCPS)] issued by the banks, Stock, surplus (share premium) resulting from the issue of instruments included in Tier 2 capital and other, Tier-2 capital instruments), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 30 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • What is the Credit Conversion Factor (CCF) applicable for other commitments (e.g., formal standby, facilities and credit lines) with original maturity of up to one year and over one year? (Ans. 20% and, 50%), • The accounts opened by RRBs are placed in which risk category? (Ans. Low), • What is the limitation period of right to lien? (Ans. No limitation in case of lien and pledge), • What is solvency ratio? (Ans. A solvency ratio indicates whether an enterprise's cash flow is, sufficient to meet its long-term liabilities.), • What is Fund Flow Statement? (Ans. A fund flow statement is a statement prepared to analyse the, reasons for changes in the financial position of a company between two balance sheets. It portrays, the inflow and outflow of funds i.e. sources of funds and applications of funds for a particular, period.), • What is the maximum subsidy amount under PMAY MIG-I? (Ans. Rs. 2,35,068/-), • Loans up to a limit of _______per borrower for building health care facilities including under, ‘Ayushman Bharat’ in Tier II to Tier VI centres will be classified under Priority Sector lending. (Ans., ₹10 crore), • What is right of subrogation? (Ans. Right of guarantor to claim on the securities of principal, borrower charged to Bank upon repayment of debt obligations by the guarantor), • What is the risk weight for State Government guaranteed loan? (Ans. 20%), • What is the periodicity of SLBC Meeting? (Ans. Quarterly interval), • For initiation of SARFAESI action in consortium accounts consent of what percentage members are, required by value? (Ans.60%), • What is the length of IFSC and MICR Code? (Ans. 11 digit and 9 digit), • Interest rate which RBI lends money to Bank is called _________ (Ans. Repo rate is the rate at, which the RBI lends to commercial banks by purchasing securities while Bank rate is the lending rate, at which commercial banks can borrow from the RBI without providing any security.), • LOCs (Look out Notices) are valid for a period of ___ year from the date of issue and name of the, subject shall be automatically removed from the LOC thereafter unless the concerned agency, requests for its renewal within a period of ___ Year. (Ans. One Year and One Year. Lookout Notice, also known as Lookout Circular (LOC) is a circular letter used by immigration officials to prevent an, accused from leaving the country. Lookout Notices or Circular is used in nabbing the wanted people, or criminals at the international borders, international airports, maritime areas and Ports etc.), • What is the rate of TDS on cash withdrawal who have not filed ITR in the last 3 year? (Ans. The, budget 2020 has reduced the threshold limit for TDS to Rs 20 lakh for taxpayers who have not filed, their income tax returns for past three years. ... Such taxpayers withdrawing cash in excess of Rs 20, lakh and up to Rs.1.00 crore have to pay TDS @ 2% and above Rs.1.00 crore, the rate of TDS is 5%), • What is the maximum Carpet Area above which Loans cannot be sanctioned under PMAY-MIG?, (Ans. 200 sq.mt), • What should be the periodicity of review of MCLR by Banks? (Ans. One Month), • For sell of property above what amount, PAN is required? (Ans. Exceeding Rs.10.00 Lakhs), • Per Drop more Crop is the vision of which Central Scheme? (Ans. Pradhan Mantri Krishi Sinchayee, Yojana (PMKSY), • What is the maximum outstanding amount of NPA cases that can be referred to Lok Adalat? (Ans., Rs.20.00 Lakhs), • Chose the odd one out with respect to Currency Chest Security aspects: Frisking, Hot Line, TimeLock, Biometric Access System, Water availability. (Ans. Water availability), • Individuals attained the age of 55 Years or more who have retired on superannuation or otherwise, can open account under Senior Citizens Savings Scheme within a period of ____________from the, date of receipt of retirement benefit. (Ans. One Month), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 31 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • Who is the regulator for NPS? (Ans. PFRDA), • What is the criteria for calculating eligibility for Overdraft in PMJDY Accounts above Rs.2000/- ?, (Ans. 4 times of average monthly balance or 50% of credit summations in the account during, preceding 6 months or Rs.10000/- whichever is lower), • What is the criteria for classification as Micro Enterprises as per revised MSME classification? (Ans., Where the investment in plant and machinery or equipment does not exceed one crore rupees and, turnover does not exceed five crore rupees.), • What is the period of investment and maturity period for accounts under Sukanya Samridhi, Deposit Scheme?(Ans. Deposits may be made in the account till the completion of a period of fifteen, years from the date of opening of the account. The account shall mature on completion of a period, of twenty-one years from the date of its opening.), • As per which act and section, no banking company shall without approval of RBI grant any loans or, advances to any of its directors? (Ans. Section 20 1.b of Banking Regulation Act), • Extension for PPF Account is allowed initially for how many years after 15 years maturity period?, (Ans.5 Years), • What is the minimum amount of dues for which cases for recovery can be referred to DRT? (Ans., Rs.20.00 Lakhs and above), • For Zero liability of a customer on online fraud where negligence lies neither with customer nor, with Bank but with a third party breach, reporting to the Bank to be done by the customer within a, period of _______(Ans. 3 working days of receiving the communication from the bank regarding the, unauthorised transaction.), • If a customer requests for closure of account, Bank should close the account within a period, of_______(Ans. 3 Working days from the receiving the instructions from Customer), • What is the minimum period of notice to customers, Bank have to give while closure or shifting of, Branch? (Ans. Two months if there is no branch of any bank functioning at that centre otherwise one, month notice), • Selling of third-party products by a Bank can be termed as; (Ans. Cross Selling), • What is the minimum and maximum age of entry for Atal Pension Yojana Scheme? (Ans. 18-40, years), • How many pillars are defined under BASEL-III? (Ans. 3), • The type of ATMs located away from Branch premises and having separate connection are termed, as_________(Ans. Offsite ATM), • Interest subvention for short term production credit under Kissan Credit Card scheme is available, up to a limit of___________(Rs.3.00 Lakhs for Crop loan and Rs.2.00 Lakh for animal husbandry and, fisheries), • In FCNR, the letter ‘C’ stands for__________(Ans. Currency), • Hedging against foreign currency exposure is meant for___________(Ans. To prevent loss from, exchange rate fluctuation), • What type of risk is associated with failed internal processes, manpower mistakes etc.? (Ans., Operational Risk), • In the case where there is erosion in the value of security and the realisable value of the security is, less than 50 per cent of the value assessed by the bank or accepted by RBI at the time of last, inspection, as the case may be, such NPAs may be straightaway classified under __________, category. (Ans. Doubtful Asset), • SLBCs have been advised to ensure the presence of banking outlets in every village within a, ________KM radius / hamlet of 500 households in hilly areas under their jurisdiction. (Ans. 5 KM), • What are the criteria for classification of Medium Enterprises? (Ans. Investment in Plant &, machinery/equipment more than Rs.10.00 crore to Rs.50.00 crore and Turnover above Rs.50.00, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 32 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, crores to Rs.250.00 crores), • The investment criteria for classification of MSME are based on which type cost? (Ans. Original, cost based on quotation value/Gross Block), • What is the full form of LTRO? (Ans. Long Term Repo Operations), • What is the present rate of CRR? (Ans.4.00%), • What is the period of Long-Term Govt. Deposit and its minimum lock-in period under Gold, Monetization Scheme? (Ans. 12-15 Years, and 5 Years respectively), • When FEDAI has declared the holiday for Christmas before two months it is called as_______(Ans., Known Holiday). Explanation: “Known holiday” is one which is known at least 3 working days before, the date. A holiday that is not a “known holiday” is defined as a “suddenly declared holiday”., • Deposit insurance cover under DICGC has been increased from Rs.1.00 Lakh to Rs__________ with, effect from________(Ans. Rs.5.00 Lakhs and 4th February 2020), • What is the commission payable to Bank (excluding BC) for enrolment of PMJJBY? (Ans. Rs.11.00)., Out of Rs.330/- premium, Rs.289/- goes to insurance company, Rs.30/- to BC and Rs.11/- to Bank., • What is the rate of interest subsidy under PMAY MIG-II? (Ans. 3%), • What does the letter ‘T’ denote in FETERS? (Ans. Transaction. Full form of FETERS is Foreign, Exchange Transaction Electronic Reporting System), • The charges if any levied-on Cash withdrawal through POS should not exceed; (Ans. 1% of the, transaction amount), • Who is the appellate authority of Banking Ombudsmen? (Ans. Dy. Governor, RBI), • What is the rate of annual premium for commercial crops under PMFBY? (Ans.5% of Sum Assured), • What is TT (Telegraphic Transfer) Selling rate? (Ans. This is the rate applied by Banks for selling, foreign exchange other than that related to import transaction. The TT selling rates are applicable, for clean outward remittance, i.e., bank undertakes only currency transfers and does not have to, perform any other functions such as handling documents.), • PHONEPE is owned by___________(Ans. Walmart), • What is P2F stands for? (Ans. Paper to Follow), • Which Bank is the SLBC Convener of Bihar? (Ans. SBI ), • Expand ‘AIC’ related to External Commercial Borrowing guidelines. (Ans. All-In-Cost), • What is the maximum permissible amount for remittance abroad under LRS per financial year?, (Ans. USD 2.50 Lakh), • As per RBI guidelines, how many types of Priority Sector Lending Certificates (PSLCs) are there?, (Ans. Four), • RBI has prescribed a cap of Rs________ per financial transaction without end-to-end encryption, through POS terminals? (Ans. Rs.5000/-), • What is the form used for opening PPF Account? (Ans. Form-A), • What is the extended date for disbursement under ECLGS Scheme? (Ans. 30.09.2021. Last date of, sanction is up to 30.06.2021), • Which Indian State contributes highest share in investment made by citizens under Small Savings, Schemes of Govt.? (Ans. West Bengal), • How many Monetary Policy Committee meetings conducted by RBI during a year? (Ans.6), • What is the full form of DCCO? (Ans. Date of Commencement of Commercial Operation), • Who is the chairman of BLBC? (Ans. LDM), • Which fund provides guarantee cover under PM Mudra Yojana? (Ans. Credit Guarantee Fund for, Micro Units (CGFMU) which is administrated by NCGTC), • What is the target for finance to SC/ST under DRI Scheme and what is the Rate of Interest under, this scheme?(Ans. 40% and 4%), • Disputes/resolution cases pertaining to LLPs to be dealt by which tribunal? (Ans. NCLT), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 33 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • What is the full form of DTA used in Balance Sheet analysis? (Deferred Tax Asset), • What is the applicable Risk weight for a Housing Loan with 87% LTV? (Ans. 50%. For Housing loans, with LTV less than or equal to 80% the Risk weight will be 35% and for LTV above 80% and less than, or equal to 90%, the Risk weight will be 50%), • When a counterfeit Banknote tendered at the counter of a Bank Branch the acknowledgement, receipt must be issued to the tenderer and should be authenticated by; (Ans. Cashier and tenderer)., • Which Bank is authorized to sale Electoral Bonds? (Ans. SBI), • What is the full form of FALLCR? (Ans. Facility to Avail Liquidity for Liquidity Coverage Ratio), • Which Mutual Fund has taken the responsibility for the disposal of assets in six debt schemes of, Franklin Templeton Asset Management frozen on 23 April 2020? (Ans. SBI Mutual Fund), • Banks need to furnish Fraud Monitoring Return (FMR) in individual fraud cases, irrespective of the, amount involved, to RBI electronically using FMR Application in XBRL System within a period of, __________ from the date of detection. (Ans. Three weeks), • GST was introduced in the country with effect from; (Ans. 1st July 2017), • Which Scheme offers highest rate of interest among all the Small Savings schemes at present?, (Ans. Sukanya Samridhi Account Scheme), • How many digits are there in Legal Entity Identifier (LEI)? (Ans.20), • What is the minimum and maximum number of partners in an LLP? (Ans. Minimum of two and no, maximum limit), • What is the maximum tenor of Housing loan under PMAY? (Ans. 20 Years), • The minimum amount required to open a NSC account is ______and more than that can be, invested in the multiples of _______. (Ans. Minimum amount to open an account is Rs.1000/- and in, multiples of Rs.100/-thereafter. There is no maximum limit for deposit.), • NEFT transfers done through automated process purely through electronic transfers with no, manual intervention is termed as; (Ans. Straight-through processing), • In NPS, how many Asset classes are there where one can spread his/her investment? (Ans.4, that is, Equity(E), Corporate Debt (C), Government Securities (G) and Alternative Investment Funds (A)), • Overdrafts to PMJDY account holders as per limits and conditions prescribed by DFS, Ministry of, Finance from time to time, will qualify as achievement of the target under Priority Sector Lending, under which category? (Ans. Lending to Micro Enterprises), • What is the pro-rata rate premium payable by a person enrolling into PMJJBY scheme during the, month of March, April and May? (Ans. Rs.86/-. As per the scheme, the annual premium is Rs.330/and the cover period is from 1st June to 31st May every year. Accordingly, a person joining the, scheme in mid-year have to pay pro-rata premium up to 31st May and full premium for next year, after that. So, the pro-rata premium payable for a person joining in between June to August is, Rs.330/-, September to November is Rs.258/-, December to February is Rs.172 and March to May, Rs.86/-), • Which is not allowed in PPF Account out of the options given? (Ans. Joint account is not allowed), • The minimum external credit rating required for implementation of restructuring under the, Prudential Framework for Resolution of Stressed Assets should be; (Ans. RP4), • The RBI has proposed to provide retail investors with online access to the government securities, market directly through the Reserve Bank by opening Gilt accounts directly with RBI. The platform is, termed as______. (Ans. Retail Direct), • As per Section 11 of SARFAESI Act, where any dispute relating to securitisation or reconstruction or, non-payment of any amount due arises amongst any of the parties, namely, the bank, or financial, institution, or securitisation company or reconstruction company or qualified institutional buyer,, such dispute shall be settled by conciliation or arbitration following which act? (Ans. Arbitration and, Conciliation Act, 1996 (26 of 1996)), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 34 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • Retired Defence service personal (Excluding civilians) can deposit under SCSS Scheme on attaining, age of ______ (Ans.50 Years), • What is the tenure of maturity of deposit under Sukanya Samridhi Account Scheme? (Ans. 21, Years), • What is the period of maturity and after what period premature withdrawal is allowed under, Sovereign Gold Bond Scheme? (Ans. 8 Years and 5 Years respectively from the date of issue), • What should be the maximum carpet area of houses to be treated as affordable house under, affordable housing project? (Ans. 60 square meter)., • Cheque is a type of______ (Ans. Bill of Exchange), • What is the Lock-in period for invocation of CGTMSE guarantee by Banks? (Ans. 18 months from, either the date of last disbursement of the loan or the guarantee start date whichever is later.), • Pre-pack resolution plans have to be submitted within a period of ___________ by the stake, holders and the NCLT will have another _______ days to approve them. Thus, the pre-packaged, insolvency resolution process shall be completed within a period of __________ from the prepackaged insolvency commencement date. (Ans. 90 days, 30 days and 120 days), • Obtaining of PAN card is mandatory from landlord if the annual rent amount is: (Ans. More than, Rs.1,00,000/-), • RFC Account is meant for; (Ans. for NRIs who have returned to India and hold funds in foreign, currency may open such type of account.), • Name of the Committee constituted by RBI for restructuring of credit exposures affected by, COVID19 pandemic.(Ans. KV Kamath Committee)., • Fresh enrolment in APY is available for persons up to ____ years of age and the pension starts after, attaining the age of____. (Ans.40 Years and 60 years), • Under NPS (National Pension Scheme), partial withdrawal is permissible after a minimum lock-in of, ________ years and the maximum percentage of withdrawal is restricted to _______-% of the, amount invested. (Ans. 3 Years and 25%), • Under NPS (National Pension Scheme), Premature or early exits are allowed on completion of the, ____ year in NPS but a lump sum withdrawal is limited to a maximum of ____% of the total amount, and the remaining amount to be invested as annuity. (Ans. 10th Year and 20%. However, if total, accumulated corpus is less than or equal to Rs. 1 Lakh, the Subscriber can avail the option of, complete Withdrawal.), • What is the maximum period of deposit in capital gain account scheme? (Ans. 3 Years), • Under SSA (Sukanya Samriddhi Scheme) what is the interest rate to be paid after maturity of, deposit? (Ans. NIL), • What is the key amendment made under PMJDY Scheme in the year 2018? (Ans. Accidental, insurance cover for new RuPay card holders has been raised from Rs 1 lakh to Rs 2 lakh for new, PMJDY accounts opened after August 28 2018), • CGFSEL(Credit Guarantee Fund Scheme for Education Loans) cover is available for Education loans, up to Rs__________ (Ans. Rs.7.50 Lakhs), • What is a NOSTRO account? (Ans. Our Banks account with foreign branch/correspondent bank), • What is the revised RTGS timings? (Round the clock except between 0.00 hrs to 0.30 hr), • What is the maximum amount of Demand Draft/Banker’s cheque that can be issued in a day, against cash receipt? (Ans. Rs.49999/-), • What is the Min Age of a Managing Director/whole time Director in a Company? (Ans. 21 Years), • Under Sexual Harassment case, the inquiry should be completed within a maximum period, of______(Ans. 90 days), • What is the maturity benefit under PMJJBY in case of no death? (Ans. NIL), • Balance in the SMALL account at any point of time does not exceed rupees; (Ans. Rs.50000/-), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 35 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • Under RTI, reply to be given by CPIO is within a period of; (Ans. 30 days), • What is the minimum and maximum loan amount can be given under Stand-up India Scheme?, (Ans. Rs.10.00 Lakhs and Rs.1.00 Crore), • Minimum loan amount for claim under SARFAESI allowed is______ (Ans. More than Rs.1.00 Lakh), • Crystallization of Bills means; (Ans. Converting foreign currency liability under the bill into Indian, Rupees), • What is the maximum period of Recurring Deposit scheme? (Ans. 120 months), • What is the annual family Income ceiling for eligibility for CSIS education loan Interest subsidy, scheme? (Ans. Rs.4.50 Lakhs), • What is the minimum and maximum number of partners for carrying Banking business? (Ans., Minimum 2 and Maximum 20. Now there is no distinction between Banking and other business), • The headquarters of Alliance for financial inclusion is situated at; (Ans. Kuala Lumpur, Malaysia), • The guarantee scheme which provides guarantee for loans under Stand-up India Scheme is; (Ans., Credit Guarantee Scheme for Stand-Up India (CGSSI) managed by NCGTC), • As per Consumer Protection act, appeal against the judgement of National Commission can be filed, with; (Ans. Supreme Court), • What is the maximum award, the Banking ombudsmen can impose for mental agony of customer?, (Ans. Rs.1.00 Lakh), • At present what is the base year considered for Consumer Price Index? (Ans. 2016), • What is the difference between nominal GDP and real GDP? (Ans. Nominal GDP: measures a, country's production of final goods and services at current market prices, whereas real GDP, measures a country's production of final goods and services at the same prices in all years. i.e Real, GDP is inflation adjusted GDP), • Sec 13 of NI act deals with____ (Ans. Section 13 of NI Act defines a Negotiable Instrument), • Complaint of sexual harassment should be filed within ___ days from the date of the incident., (Ans. 3 Months), • What is the maximum value of currency note that can be issued by RBI in consultation with GOI?, (Ans. Rs.10000/-), • As per whistle blower policy, upon receipt of a complaint, a letter is sent to the complainant to, obtain (a) confirmation about the complaint What is the prescribed time limit for receiving the, confirmation from the complainant? (Ans. 30 days from the date of receipt of Commission’s letter by, the complainant), • Cross border wire transfers of value what to be reported by financial institutions to FIU-IND? (Ans., all cross-border wire transfers of the value exceeding Rs.5 lakh or its equivalent in foreign currency, where either the origin or destination of fund is in India to be reported to FIU-IND), • What is the maximum amount of Indian currency and foreign currency that a traveller can carry, abroad? (Ans. INR 25000, and equivalent amount of USD 3000 per visit to countries other than Iraq,, Libya, Islamic Republic of Iran, Russian Federation and other Republics of Commonwealth of, Independent States, USD 5000 per visit to Iraq or Libya and Travellers proceeding to Islamic Republic, of Iran, Russian Federation and other Republics of Commonwealth of Independent States - full, exchange may be released up to a maximum of USD 250,000 per financial year), • Unused foreign currency above what amount should be surrendered by a person returning from, abroad within how many days? (Ans. USD 2000 or equivalent and 180 days)., • What does a NOSTRO account means? (Ans. A NOSTRO account is an account that a bank holds, with another bank in a foreign country in the foreign currency), • Which period denotes Middle of the Months as per UCPDC? (Ans. Date range from 11th to 20th of, a month)., • What is the relationship between customer and Bank in case of Standing Instruction given by, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 36 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, customer? (Ans. Principal and Agent), • Safe custody of article falls under which Act? (Ans. Indian Contract Act), • Safe Deposit vault / locker falls under which Act? (Ans. Transfer of property Act), • Garnishee order is applicable for what amount if the amount is not mentioned in the order? (Ans., Entire balance in the account but not applicable to money deposited subsequent to receipt of, order)., • For the purpose of computation of achievement of the sub-target under Priority Sector Lending to, SF/MF, Small and Marginal Farmers will include loans up to _________to individuals solely engaged, in Allied activities without any accompanying land holding criteria. (Ans. ₹2 lakh), • What is the definition of noting? (Ans. Noting is the process of getting the dishonoured bill or, Promissory Note, being noted by a notary public upon the instrument within a reasonable time after, dishonour)., • What is the risk cover under PAIS for KCC holders for death due to accident and permanent total, disability/Loss of two limbs or two eyes or one limb and one eye? (Ans. Rs.50000/-), • What is the TDS applicable on rent paid other than by individual/HUF? (Ans. 10% for Land or, building or furniture or fitting and 2% for Plant & machinery, if the amount paid or payable during, the financial year exceed Rs. 2,40,000.00), • Bank shall reverse the amount involved in the unauthorised electronic transaction to the, customer’s account where there is no fault/negligence on the part of customer, within a period, of____--from the date of such notification by the customer. (Ans. 10 working days), • What is the maximum amount of NEFT that can be done in cash? (Ans. Rs.50000/-), • FD maturity proceeds exceeding Rs ________ not to be paid in cash. (Ans. Rs.20000/-), • What is the period to submit local address proof where the OVD furnished by the customer does, not have updated address and submitted specific documents for address proof for limited period?, (Ans.3 months), • What is the maximum amount of loan to Start-ups can be classified under Priority Sector? (Ans., Rs.50.00 crs), • Who provide guarantee for loans sanctioned under PMSVANidhi scme? (Ans. CGTMSE), • What is the definition of Bulk deposit? (Ans. Single Rupee term deposits of Rupees two crore and, above for Scheduled commercial Banks (excluding Regional Rural banks) and Small Finance Banks)., • What is the liability of partners in a partnership firm? (Ans. Unlimited. The partners are liable, jointly and severally)., • What are the criteria for accidental death benefit claim eligibility in RuPar Cards? (Ans. Cardholders, who have performed minimum one successful financial or non-financial transaction at any Channel, such as ATM/MicroATM/POS/e-com/Business Correspondent within 90 days prior to date of, accident including accident date for Non-premium card holders and 45 days prior to date of accident, including accident date in case of Premium / Select card holders), • Internal Rate of Return is arrived at a point where future cash flows on Net Present Value basis, should be: (Ans.Zero.), • Under GST, e-Way bill is mandatory for inter-state transportation of goods where value of, goods/bill exceeds Rs_____ (Ans.Rs.50,000/-.), • Which method of capital budgeting is more appropriate where obsolescence rate is high? (Ans. Pay, Back method.), • Address change by customer to be conveyed to Bank within a period of_____(Ans.2 weeks. In case, of relocation of account, it is 6 months.), • Standby Letter of credit is similar to; (Ans. Bank Guarantee), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 37 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • While breaking open of a locker or in case of deceased claim of a locker, if a sealed box is found, among other things, as per the procedure of inventory handling what you will do? (Ans. Not required, to open sealed/closed packets left with them for safe custody or found in locker while releasing, them to the nominee(s) and surviving locker hirers / depositor of safe custody article.), • Section 140 of N.I. Act deliberates about: (Ans. No excuse is available to the drawer from, prosecution if he had no reason to believe when he issued the cheque that it may be dishonoured on, its presentation.), • Cheque presented in the account of a trust where the treasurer (the authorised signatory) has, died. What should be done? (Ans. The cheque shall be honoured), • A and B are having joint account with your Branch where C has the power of attorney to operate, the account. After death of B, a cheque signed by C is presented for payment. What should be the, course of action (Ans. Return the cheque as POA not valid.), • Name the two keys used to authenticate a Digital signature; (Ans. Private key and public key), • What is the full form of DDOS in software? (Ans. Distributed Denial of Service), • What is the meaning of “Shell Bank”? (Ans. A bank which is incorporated in a country where it has, no physical presence and is unaffiliated to any regulated financial group)., • What is the Risk categorization of unclaimed deposit accounts at the time of blocking the account?, (Ans. High Risk), • Paying Banker gets protection under which section of NI Act for making payment of materially alter, cheque which appears to be genuine? (Ans. Section 89), • What is the minimum and maximum deposit permissible under Senior Citizens Savings Scheme and, what is the period of maturity? (Ans. Minimum of Rs.1000 and maximum of Rs.15,00,000. Period for, maturity is 5 years from the date of opening of account which can be extended by another 3 years.), • The MSME Accounts classified as Standard as on………………. Are eligible for One Time Restructuring, keeping the Asset classification as standard [ as per present RBI guidelines]. (Ans. 31.03.2021), • Interest Subvention Scheme for Mudra-Sishu Loans [ISSMSL] provides …….% interest subvention, for Standard MUDRA-Sishu loans for a period of…………(Ans. 2% and 12 months respectively. The, scheme will be in operation for 12 months i.e from 1st September 2020 to 31st August 2021 for, those who have availed moratorium and for it is from 1st June 2020 to 31st May 2021), • VOSTRO Account means; (Ans. Rupee account maintained by a foreign Bank in any local Bank in, India)., • Banks exposure to a single NBFC is restricted to …..% of its Tier-I Capital. (Ans. 20%), • What is the threshold for Red Flagging of Loan accounts? (Ans. Exposure of ₹ 500 million or more, at the level of a bank irrespective of the lending arrangement whether solo banking, multiple, banking or consortium)., • In the event of dishonour of a cheque valuing Rs…….. drawn on a particular account of the drawer, on ……… occasions during the financial year for want of sufficient funds in the account, no fresh, cheque book would be issued and also the bank may consider closing current account at its, discretion. (Ans.Rs.1.00 crore and above, 4 occasions. However, RBI has now left it with individual, Banks boards), • If the NEFT transaction is not credited or returned within two hours after batch settlement, then, the bank is liable to pay penal interest to the affected customer at the rate of ……….. for the period, of delay / till the date of credit or refund, as the case may be, is afforded to the customers’ account, without waiting for a specific claim to be lodged by the customer in this regard. (Ans. Repo Rate + 2, percent p.a), • Debit card can’t be issued to which type of account holders; PA holder/Minor 10 years/joint with, severally /Illiterate/joint account jointly operation. (Ans. joint account jointly operation), • Which is not a legal course of action for recovery? Civil Suit, DRT, Lok Adalat, Sale of Assets to ARCs, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 38 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, (Ans. Sale of Assets to ARCs), • If the borrower (or Bank) is not satisfied with the decision of DRT regarding action under SARFAESI, Act, either party can appeal to DRAT within ……… days of receiving the copy of judgement and in this, case the borrower is required to deposit ……% of the Banks claim which can be reduced to ….% by, chairperson. (Ans. 30 days, 50 percent and 25 percent), • Banks may dispense with additional factor authentication for small value card transactions through, contactless mode with maximum transaction limit of Rs ……….. (Ans. Rs.5000/-), • Any person resident outside India, not being a citizen of ................................., and visiting India,, may take outside India currency notes of Government of India and Reserve Bank of India notes up to, an amount not exceeding Rs............ per person. (Ans. Pakistan and Bangladesh, Rs. 25000/-), • Amount collected by Banks for e-Stamping facility has to be remitted to ….. [Ans. Stock Holding, Corporation of India Ltd (SHCIL)]., • What is CMR-4 (CIBIL MSME RANK) denoting? (Ans. Significantly lower than average default), • Partial withdrawal under Sukanya Samriddi scheme for education purpose of the account holder is, allowed up to what portion and in what condition? (Ans. Not exceeding 50% of the balance at the, end of the financial year preceding the year in which application for partial withdrawl made after the, account holder attains age of 18 years or has passed 10th Standard whichever is earlier.), • Partial withdrawal under PPF is allowed up to what portion and in what condition? (Ans. Partial, withdrawal permitted after expiry of 5 years from the end of the year in which the account was, opened. Maximum withdrawal amount not exceeding 50% of the balance at the end of the fourth, year immediately preceding the year of withdrawal or at the end of preceding year whichever is, lower.), • As per announcement under Atmanirbhar Bharat package for farmers, the dairy farmers whose, milk is directly procured by Milk Unions falls under tie up arrangements between the producers and, processing units without any intermediaries, and hence are eligible for KCC/ credit limits without, Collateral upto; (Ans.Rs.3 lakh), • Who is the subsidy channelizing agency for following schemes, under Entrepreneurship, Development & Employment Generation (EDEG) component of National Livestock Mission? (Ans., NABARD), • Under “PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)” scheme for Street Vendors, the, Urban Street Vendors will be eligible to avail a Working Capital Demand Loan (WCDL) loan of up to, Rs………./- with tenure of 1 year and repaid in monthly instalments.(Ans. Rs.10000/- and Rs.20000/in second loan after prompt repayment of first loan), • As per RBI guidelines, Banks shall publish MCLR, the internal benchmark for the following, maturities; .(Ans. Overnight, One Month, Three Month, Six Month and One year. In addition to this,, banks shall have the option of publishing MCLR of any other longer maturity.), • While issuing guarantees in favour of State Governments, they have to be addressed to the…………,, but while corresponding with the concerned State Government, branches must mention the name, of beneficiary, department and purpose for which guarantee has been executed. (Ans. Governor of, the State)., • The minimum amount of default for initiation of insolvency and liquidation proceedings of, corporate debtors before NCLT is; (Ans. Rs. 1.00 crore or more.), • What is the rate to be applied while purchasing / discounting of foreign currency bill? (Ans. Bill, buying rate)., • What is the minimum and maximum period for NRE deposits? (Ans. Minimum is one year and the, maximum is 10 years)., • What should be the age of 2nd joint account holder of Senior Citizens Deposit Scheme? (Ans. No, age criteria for joint account holder)., , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 39 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • RBI has mandated to Banks for incorporation of Name of the Purchaser on the Face of the Demand, Draft with effect from; (Ans. 15 September 2015)., • What does the first 3 digits, next 3 digits and last 3 digits of an MICR code indicates? (Ans. City,, Bank and Branch respectively)., • As per which act, no banking company shall grant any loans or advances on the security of its own, shares?(Ans. Section :20 (1.a) of BR Act)., • Premium payable under PAIS will be shared by the KCC issuing bank and the KCC holders in the, ratio of ; (Ans. 2:1), • The Pillar III of BASEL-3 norms are based on; (Ans. Market Discipline), • What is the land area and minimum number of apartments above which, RERA approval is, mandatory for launching a Real Estate Project? (Ans. Land area above 500 square meters or more, than 8 apartments), • Public Sector Banks should lodge complaint with…………. on fraud cases where staff involvement is, there and the amount involved is Rs.10000/- and above but less than Rs.0.10 million. (Ans. Local, Police/State Police), • Which are the Central Nodal agencies for channelizing subsidy for implementation of PMAY-Urban, Scheme? (Ans. NHB, HUDCO and SBI)., • Credit Guarantee Scheme for Subordinate Debt (CGSSD) is being operated by………. (Ans. CGTMSE), • What is the maximum duration within which a Bank can appeal against the award passed by, Banking Ombudsmen? (Ans. 30 days from the date on which the bank receives letter of acceptance, of Award by complainant.), • As per BCSBI guidelines, what is the prudent time to call a person for recovery of Banks dues?, (Ans.In between 7.00 AM to 7.00 PM)., • Who is primarily responsible for filing charges with RoC? (Ans The borrowing Company), • Banks should preserve the records pertaining to the KYC of the customers obtained while opening, the account and during the course of business relationship at least for a period of…………… (Ans.5, years after the business relationship is ended), • Periodic updation of KYC shall be carried out at least once in every……. years in case of medium risk, customers.(Ans.8 Years), • What is the Risk Weight for Housing Loans with LTV ≤ 80? (Ans.35%), • What is the time limit for settlement of deceased claims? (Ans. Not exceeding 15 days from the, date of receipt of the claim along with all required documents.), • What is called as a guarantee? (Ans. Guarantee is defined in Section 126 of Indian Contract act as a, contract to perform the promise made or discharge the liability, of a third person in case of his, default.), • In case of closure of any Branch, Bank have to give notice to customers before a minimum period, of……….(Ans. Two months if there is no Branch of any Bank functioning at that centre and notice of, one month in all other cases), • If any change in Terms and Conditions is at disadvantage to a customer, the customer may close, the account or shift to any other Banks within a period of………. from the date notice by Bank without, paying the changed fees or interest. (Ans.60 days), • Two partnership firms with common partners. Firm A has overdue loan liability. Firm B has large, credit balance. Whether amount can be transferred from B to A? (Ans. Liability of partners are jointly, and severally. So if both the firms have common partners but not consisting of same partners, Bank, can’t recover from the other firm but if the other firm is having the same partners, in the eyes of law, it will be treated as same firm and Bank can recover dues from the other firms credit balance by, exercising right to set-off)., • Overdraft limit provided in PMJDY accounts provided, the annual household income of the, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 40 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, borrowers doesn’t exceed Rs. .............in rural areas and Rs…….. in non-rural areas can be classified, under priority sector.(Ans.Rs.1.00 Lakh and Rs.1.60 Lakh), • Principal Officers of Banks are required to report information on detection of counterfeit notes to, FIU-IND within a time limit of; (Ans. by the 15th day of the succeeding month, by uploading the, information on the FINnet Portal.), • In the matter of settlement of deceased claim, what is the meaning of Testamentary succession?, (Ans. Testamentary succession is the succession in which the property is transferred as per the Will, made by the person before his death.), • What is the relationship between Banker and Customer in case of articles kept in Safe Custody?, (Ans. Bailee and Bailor), • What should be the course of action by a Bank when a cheque signed by an agent is presented for, payment after the death of the agent? (Ans. To be paid if otherwise in order), • The maximum limit in case of contactless card payments raised to; (Ans. Rs.5000/-), • Account maintained by a foreign Bank with a Bank in India is termed as……. For the Indian Bank, (Ans. Vostro Account), • What should the financing Bank do after receipt of subsidy under PMEGP loan sanctioned in favour, of a particular beneficiary? (Ans. it should be kept in the form of Term Deposit Receipt of three years, at branch level in the name of the beneficiary/Institution. No interest will be paid on the TDR and no, interest will be charged on loan to the corresponding amount of TDR.), • Who is the nodal agency for implementation of Credit Enhancement Guarantee Scheme for, Scheduled Castes (CEGSSC)? (Ans. IFCI Ltd), • Trusts, charities and NGOs receiving foreign donations are placed under which risk categorization, of customers?(Ans. High Risk), • Banks should publish their unaudited financial results within how many days of the quarter end?, (Ans. 45 days), • The Internal Ombudsman (IO) and (Chief Customer Service Officer (CCSO) guidelines are issued on, the recommendations of: (Ans. Damodaran Committee), • What is the difference between Capital cost and Cost of capital? (Ans. Capital cost is the amount, paid on acquisition of fixed assets whereas Cost of capital is the cost incurred by way of interest or, other charges for raising equity or debt capital), • What is the formula for calculation of Expected Loss? [Ans. EL= PD x LGD x EAD. (Probability at, default, Loss given at default; Exposure at default)], • Which method of capital budgeting is more appropriate where obsolescence rate is high? (Ans., Pay-back period method), • EOQ Concept refers to; (Ans. Economic Order Quantity- To reduce Inventory Carrying Costs), • Holders of 'Basic Savings Bank Deposit Account' (BSBD) will not be eligible for opening any other, savings account in that bank. If a customer has any other existing savings account in that bank, he, will be required to close it within: (Ans. 30 days from the date of opening a 'BSBD Account'), • What is the size of the Agri-Infrastructure Fund of Govt. of India? (Ans. Rs 1-lakh-crore), • Bank loans to any governmental agency for construction of dwelling units or for slum clearance, and rehabilitation of slum dwellers subject to dwelling units with carpet area of not more than ……., sq.m may be classified under Priority Sector Lending. (Ans. 60 sq. m)., • To be eligible for extending the relief measure towards agricultural loans including rescheduling of, loans by banks in case of natural calamity, the crop loss assessed should be; (Ans.33% or more), • What should be the repayment period of Restructured Agricultural Term Loan in case of Natural, Calamity? (Ans. Up to two years including the moratorium period of one year if the loss is between, 33% and 50% and up to a maximum of five years including the one-year moratorium period if the, crop loss is 50% or more.), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 41 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • What is the definition of Large Exposure under the Large Exposure Framework? (Ans. The sum of, all exposure values of a bank to a counterparty or a group of connected counterparties is defined as, a ‘Large Exposure (LE)’, if it is equal to or above 10 percent of the bank’s eligible Tier 1 capital base., It also includes 20 largest exposures, irrespective of the values of these exposures relative to the, bank’s eligible capital base.), • From FY 2021-22 onwards, a higher weight of 125% would be assigned to the incremental priority, sector credit in the identified districts where the credit flow is comparatively lower with per capita, PSL………… (Ans. Less than ₹6000), • What is the tenure of appointment of Internal Ombudsman in Banks? (Ans. Fixed term of not less, than three years, but not exceeding five years), • RBI constituted Ombudsmen schemes for digital transactions based on powers conferred in…………, act and the scheme came into effect from……………..(Ans. In exercise of the powers conferred by, Section 18 of the Payment and Settlement Systems Act, 2007, RBI introduced the Ombudsman for, redressal of complaints against deficiency in services related to digital transactions which came into, force with effect from 31st January 2019)., • What is the incentive payable for digital transactions under PMSvanidhi Scheme? (Ans. Monthly, cashback in the range of Rs.50 -100. Rs.50/- on executing 50 eligible transactions, Additional Rs.25/on executing next 50 eligible transactions and additional Rs.25/- on executing next 100 eligible, transactions. Each transaction more than Rs.25/- will be counted.), • What are the new activities included under Stand-up India scheme as per announcement in Union, Budget 2021? (Ans. Allied agriculture activities such as dairy, poultry, pisiculture, food and agroprocessing etc.), • What is the time limit and compensation payable by Banks for delayed credit in NEFT transaction?, (Ans. If the NEFT transaction is not credited or returned within two hours after batch settlement,, then the bank is liable to pay penal interest to the affected customer at the current RBI LAF Repo, Rate plus two percent for the period of delay / till the date of credit or refund, as the case may be, is, afforded to the customers’ account without waiting for a specific claim to be lodged by the customer, in this regard.), • Which card should be issued in KCC Accounts? (Ans. RuPay), • Who is the adjudicating authority under IBC for insolvency proceedings in case of individuals and, partnership firms? (Ans. DRT), • What is the full form of IFSC? (Ans. Indian Financial System Code), • What is the full form of UHFCE? (Ans. Unhedged foreign currency exposure), • Housing loan in metro centre with maximum project cost up to Rs……. Can be classified as Priority, Sector Lending. (Ans. Rs.45.00 Lakhs), • What is the target for micro enterprises under PSL in percentage of ANBC or CEOBE whichever is, higher for Domestic commercial Banks, foreign Banks with 20 Branches and above in India, RRBs and, Small Finance Banks? (Ans. 7.50%), • In terms of the recommendations of the Prime Minister's Task Force on MSMEs banks have been, advised to achieve a ………..per cent annual growth target in the number of micro enterprise, accounts. (Ans. 10%), • EDP is required in which loan scheme for adjustment of margin money subsidy? (Ans. PMEGP), • What is crystallization of export bills? (Ans. The process of converting foreign currency liability of, the exporter into Indian Rupee liability), • In CGTMSE scheme MSME Retail is covered up to what extent? (Ans. Rs.1.00 cr), • While opening Savings account of SHGs, Banks should ensure KYC Compliance of; (Only the office, bearers/ Authorised Signatories), • What is the full form of CARE? (Ans. Credit Analysis & Research Ltd), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 42 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • What is the maximum loan amount under Agri Infra Fund scheme? (Ans. Rs.2.00 cr), • For opening accounts of exchange houses in India whose approval is required? (Ans. RBI), • What is the timeline for internal ombudsman for redressal of customer grievances? (Ans. 30 days, from the date of receipt of complaint)., • EPFO scheme came into force in which year? (Ans. 1951), • What is the Quantum of working capital to be financed under PM Svanidhi Scheme? (Ans., Rs.10000/-), • What is the maximum quantity of Gold Coin What is the maximum quantity of gold coin against, which Gold loan can be financed by Banks? (Ans. 50 gm), • What is the number of Counterfeit notes in single transaction detected needs to be reported to, police by FIR?(Ans. 5 and more pieces), • How many numbers of codes are there in BCSBI? (Ans.2), • NPA Marking in GECL Accounts should be done within a timeline of; (Ans. Within 90 days of the, account being classified as NPA or date of Supreme Court order (March 23, 2021), whichever is later), • What is the rate of depreciation charged on computers for AY 2021-22 as per IT Act? (Ans. 40, percent), • What is the risk weight on central Government guaranteed claims? (Ans. 0%), • What is the risk weight on staff loans secured by superannuation benefits? (Ans. 20%), • Which of the following is not the method for GDP Calculation? [ Production method, Income, method, Expenditure Method, Factor Cost method (Ans. Factor Cost Method), • What is the corpus of PMMSY? (Ans. Rs. 20,050 crore), • AML and CFT standards are finalized by…………….(Ans. Financial Action Task Force (FATF)), • Which activity is not included in food processing industry under PLI scheme? (Ans. Buffalo meat, processing), • Under which scheme, 250 districts are identified for interest subvention? (Ans. DAY-NRLM), • RRBs with what financial parameters are placed under Focus measures? (Ans. RRBs meeting any of, the following criteria will be identified as ‘RRBs in Focus’ i. CRAR less below 10%, ii. Gross NPA above, 10% and Return on Assets (RoA) below 0.25%), • What is the objective of Information Security Policy? (Ans. Confidentiality, integrity, loss of data in, transit, availability), • Amalgamation of RRBs is done under which act? (Ans. Section 23A of RRB Act), • Short Term Liquidity Facility (SLF) has been provided by RBI to Banks/Financial Institutions under, which act? (Ans. Section 17-4 of RBI Act), • What is Bharat Net project? (Ans. Bharat Net is a flagship mission implemented by Bharat, Broadband Network Ltd. (BBNL) to connect all the 2,50,000 Gram panchayats in the country and, provide 100 Mbps connectivity to all gram panchayats.), • Information needs to be submitted by Banks on large credits with exposure………….to CRILC. (Ans., ₹5 crore and above), • RBI constituted 3rd cohort on regulatory sandbox on the theme……… (Ans. MSME Lending), • What is the maximum time period for which a commercial infrastructure can be retained by an, RRB with RBI permission? (Ans.12 Years), • Where a banker has made a claim on the guarantor on account of the default made by the, principal debtor, and the said guarantor refuses to comply with the demand made by the creditor /, banker, despite having sufficient means to make payment to the dues, such guarantor would be, treated as: (Ans. Wilful Defaulter), • Difference between Bid and Ask rate is called: (Ans. Spread), • Bank Customer Relationship in standing instruction is: (Ans. Agent- Principal), • In the case of CGTMSE, every amount recovered by the bank and due to be paid to the Trust shall, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 43 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, be paid without delay, and if any amount due to the Trust remains unpaid beyond a period of 30, days from the date on which it was first recovered, interest shall be payable to the Trust by the, lending institution at the rate of: (Ans. 4% above Bank Rate for the period for which payment, remains outstanding after the expiry of the said period of 30 days), • How many members are there in Monetary Policy Committee? (6 Members. (3 from RBI and 3, from Govt)), • Who is the Chairman of District Consultative Committee? (Ans. District Collector/Deputy, Commissioner / District Magistrate), • When a Limited company is being closed, court appoints________ for orderly disposal. (Ans., Official Liquidator)., • Section 131 of Negotiable Instrument Act 1881 gives protection to Collecting Banker against: (Ans., Conversion)., • Under Section ……………of N.I. Act, there is no excuse is available to the drawer from prosecution if, he had no reason to believe when he issued the cheque that it may be dishonoured on its, presentation. (Ans. Section 140), • Under UCPDC – 600, what is the time period permitted during which Issuing Bank or Nominated, Bank can examine the documents to ensure that these are as per LC requirement? (Ans. 5 banking, days following the date of receipt of document), • What is the monthly cap for number of withdrawals in BSBD Accounts? (Ans. 4), • Stamped receipt for payments has to be affixed if the payment through voucher is above: (Rs., 5000/-), • Difference between Gross Working Capital and Positive Net Working Capital is: (Ans.Current, Liabilities), • To raise awareness about the importance of Life Insurance, the industry has come together with, the tagline;(Ans. Sab se Pehle Life Insurance), • If the failed ATM transactions is not credited to Customer’s account in T+5 days, the penalty, payable by Bank is; (Ans. ₹ 100/- per day of delay beyond T + 5 days, to the credit of the account, holder.), • Rate of discount allowed for Sovereign Gold Bonds subscribed by customers through electronic, mode is; (Ans. Rs.50/- per gram)., • What is the Net Working Capital and Current Ratio, when the Long-Term Sources is 1200, Fixed, Assets is 1000 and Current Assets is 600? (Ans. 200 and 1.50), • Calculate the DSCR, when PAT is 100, Depreciation is 50, Interest on Term Loan is 50 and, Instalment of Term Loan is 75. (Ans. DSCR = 100+50+50/75+50 = 200/125 = 1.60), • Mr. Sharma, the Power of Attorney holder of Ramesh issued a cheque after death of Mr. Ramesh., The cheque is presented for payment. What should the Bank will do in this case? (Ans. Cheque Not, to be paid since PoA holder ceases the right after death of principal)., • What should be the risk weight applicable for a housing loan of Rs.80.00 Lakhs with LTV more than, 80%? (Ans. 50 percent), • Banks should reply at least what percentage of letters in C category states in Hindi? (Ans. 55, percent), • Foreign currency translation reserves arising due to translation of financial statements of a bank’s, foreign operations to the reporting currency may be considered as CET1 capital. These will be, reckoned at a discount of 25 per cent. (Ans. 25 percent), • Hypothecation is defined in which act? (Ans. SARFAESI Act 2002), • What is the provision applicable for standard assets in CRE segment? (Ans.1.00 %), • 1024 TB is equal to…… (Ans. 1 Peta byte)., • The smallest storage unit in Computer memory is; (Ans. bit), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 44 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, • Where the customer is a partnership firm, the beneficial owner is the natural person(s), who,, whether acting alone or together, or through one or more juridical person, has/have ownership, of/entitlement to more than ………. per cent of capital or profits of the partnership firm. (Ans.15, percent), • What is the provision to be made for a DA-II Advance with outstanding Rs.50.00 Lakhs and the, value of security is Rs.40.00 Lakhs? (Ans. Rs. 16.00 Lakhs @ 40% of secured portion + Rs.10.00 Lakhs, @ 100% of unsecured portion = Rs.26.00 Lakhs), • An account classified as SMA-1 if it remains overdue for a period of; (Ans. 31 to 60 days)., • After receipt of claim from CGTMSE, every amount recovered and due to be paid to the Trust shall, be paid by Bank within a period of; (Ans. 30 days from the date on which it was first recovered)., • Web used for internal circulation privately in an organization is called; (Ans. Intranet)., • Bank credit to registered NBFCs (other than MFIs) for on-lending under agriculture will be eligible, for, • classification as priority sector up to a maximum limit of……………. (Ans. Term lending’ component, under Agriculture will be allowed up to ₹ 10 lakh per borrower.), • What is the periodicity of submission of Form-15G/H by customers? (Ans. Once in a Financial Year, preferably during April), • Quoting Permanent Account Number (PAN) is mandatory for sale or purchase of immovable, property for an amount of…………..(Ans. Exceeding ten lakh rupees or valued by stamp valuation, authority referred to in section 50C of the Act at an amount exceeding ten lakh rupees.), • Takeout financing is related with; (Ans. Financing Infrastructure with long repayment tenor)., • Within how many days an account will become NPA if Stock statement is not submitted, consecutively for 3 months in CC/OD Accounts?(Ans. 90 days from the due date of submission of, stock statement for 3rd month of delay), • The Bank in a country which is not licensed and not having any physical presence is termed as;, (Ans. Shell Bank), • Loans granted to units in the KVI sector will be eligible for classification under: (Ans. Micro, Enterprises under MSME)., • What is the Full Form of TReDS ? (Ans. Trade Receivables e-Discounting System), • Section 11 of Banking Regulation Act deals with: (Ans. minimum paid-up capital and reserves, required by a Banking Company), • Power of Court to try cases summarily for offences under NI Act is defined in : (Section 143 of NI, Act), • Food Credit is classified under which sector as per RBI Classification? (Ans. Priority Sector), • What is the Risk Weight for exposure of Bank to NBFCs? (Ans. Bank exposures to NBFCs, excluding, core investment companies, will be risk weighted according to ratings assigned by agencies., Exposures to CICs, rated as well as unrated, will continue to be risk-weighted at 100%), • CGTMSE may reject the claim if the account turns NPA within a period of ………….from the date of, revival of account. (Ans. 180 days), • At least what percent of the beneficiaries under NRLM should be SC/STs? (Ans. 50%), • Under second Financial assistance in PMEGP, the maximum cost of the project/unit admissible, under Service/Trading sector for up-gradation is (Rs.25 lakhs), • Instant credit of cheques sent on collection can be given for how much amount in a account having, minimum period of operation of………(Ans. Rs.15000/- and 6 months), • Rs.1/- revenue stamp is required in the receipt of any cash transaction above Rs…….(Ans. Rs.5000/• An NPS subscriber is allowed to withdraw the corpus in lump sum if the corpus amount is equal to, or less than Rs………..after attaining the age of 60 years. (Rs.5.00 Lakhs), • The maximum limit of DRI advance for housing purpose to SC/ST is; (Rs.20000/-), , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217

Page 45 : Recalled questions from various bank Promotion Exam . Clerks to Scale I, Scale I to II , Scale II to III & Scale III to IV, , Digvijay Sharma ,DBGB ,SAMD RO Gaya , Mobile : 8825392217