N.rangarajan's Model Online Test For Bank Officers Promotion 2011

51 Questions  I  By Rajatvk on February 12, 2011
This Quiz is based on the Monthly Credit Information Review of RBI.Please open the link in RBI Website in one separate window and practice by toggling effectively.I have reckoned from the month of Jan 2010 to till date for this test.Please take Quiz Password by e Mailing to [email protected] your full particulars like Name,Age,Place of Work/Study,Designation/Course,Phone/Mobile No and AddressWith Best Wishes!!N.RangarajanSenior Manager Of A Public Sector BankBased @ Trichy Tamil Nadu

  
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1.  What is LTV?
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2.  Why LTV Ratio is prescribed by RBI in Housing Loan Exposure of Banks?
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3.  What is the loan to value (LTV) ratio in respect of housing loans hereinafter ?
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4.  Upto What amount of loan under Housing Category, Banks can classify as Priority Sector?
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5.  What is the LTV for Small Value Housing Loans upto Rs 20 lacs?
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6.  He risk weight on residential housing loans of Rs. ____ lakh and above, irrespective of the LTV ratio, would be ___ per cent to prevent excessive speculation in the high value housing segment.
7.  What is teaser rate?
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8.  In view of the higher risk associated with housing loans sanctioned by banks at teaser rates, the standard asset provisioning on the outstanding amount has been increased from 0.40 per cent to 2.00 per cent.
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9.  The provisioning on these assets would not revert to 0.40 per cent after 1 year from the date on which the rates are reset at higher rates if the accounts remain ‘standard’.
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10.  The Statutory Liquidity Ratio (SLR) for scheduled commercial banks (SCBs) has been reduced from 25 per cent of their__________________________ to 24 per cent from December 18, 2010.
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11.  What is the service charge for above Rs 1 lac instruments under Outstation Cheques for collection prescribed by RBI?
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12.   The service charge structure put in place by them should have their _________ approval.
13.  What is the present Bank Rate?
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14.  What is maximum validity period and amount per one Prepaid Gift instrument recently approved by RBI,that can be issued by commercial Banks?
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15.  Cash withdrawals can be permitted in Prepaid Gift Istruments.
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16.   What does the abbreviation "OPGSP" stand for?
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17.  Repatriation of export related remittances through payment gateways now permitted opto
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18.  Who can be engaged as Business Correspondent by Banks?
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19.  NBFCs Cannot be engaged as Business Correspondents
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20.  What is the distance criteria between Base Branch and the location of Business Correspondent?
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21.  Who can relax the distance criteria between the Base Branch and the location of Business Correspondent?
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22.  While the beneficiary’s name should be compulsorily mentioned in the instruction request, and carried as part of the funds transfer message, reliance will be only on the account number for the purpose of affording credit under NEFT/RTGS/ECS/NECS
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23.  What is the amount of sacrifice to be brought upfront by the customers in case of restructuring of advances?
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24.  What is the time limit within which the promoter's contribution towards sacrifice should be brought in, in respect of prudential restructuring of advances?
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25.  What is the spin-off effect if the customer could not bring in his share of sacrifice upfront within the extended period of one year, in respect of prudential restructuring of advances?
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26.  Under What methods other than cash, the promoters contribution of sacrifice can be brought in in respect of prudential restructuring of advances?
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27.  Normally Account Payee Cheques cannot be collected for Third Party Account.Reserve Bank of India has recently introduced collection of "A/C Payee Cheques" to a third party account in respect of a specific type of Customer with a ceiling amount.Who is the customer and what is the amximum amount?
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28.  What is the % of interest subvention in respect of short term crop loans upto Rs 3 lacs during 2010-2011?
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29.  The Government of India will also provide additional interest subvention of 2 per cent per annum to PSBs in respect of those farmers who repay their short-term production credit within one year of disbursement/drawal of such loans. This subvention will be available to such farmers on the short-term production credit up to a maximum amount of Rs.3 lakh availed of by them during the year, from the date of disbursement/ drawal of the crop loan up to the actual date of repayment by farmers or up to the due date fixed by the bank for repayment of crop loan, whichever is earlier, subject to a maximum period of one year from the date of disbursement.
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30.  The additional interest subvention of 2% will be available to promptly rapaying farmers provided the Banks Charge interest on Short Term Production Credit (Crop Loans) @ ______
31.  What is the rate of interest to be charged by Banks on Short Term Production Credit upto Rs 3 lacs under Agriculture to claim interest subvention of 1.5%?
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32.  What is the intermediate/final target date to provide banking services through a banking outlet in every village having a population of over 2000?
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33.  How the intermediate/final target date to provide banking services through a banking outlet in every village having a population of over 2000 can be achieved? 
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34.  Under NECS/ECS/NEFT credit,The destination bank would be liable to pay penal interest at the current LAF repo rate plus two per cent from the due date of credit till the date of actual credit for any delayed credit to the beneficiarie's account. The penal interest should be credited to the beneficiary’s account even if no claim is lodged.
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35.  What is the maximum  loan amout upto which Interest Subvention on Individual Housing Loans is available?
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36.  What is the the cost of construction/price of the new house/extension to be eligible for Interest Subvention on Individual Housing Loans?
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37.  What is the period of operation of Interest Subvention on Individual Housing Loans?
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38.  How interest subvention on Individual Housing Loans is administered?
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39.  Borrowers can choose fixed or floating rate of interest under interest subvention on Individual Housing Loans.
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40.   Who headed the Prime Minister's Task Force on Micro, Small and Medium Enterprises (MSMEs)? 
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41.  What is the year-on-year growth in credit to micro and small enterprises ?
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42.  What is the  annual growth in number of micro enterprise accounts?
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43.    How the allocation of 60 per cent of the MSE advances to the micro enterprises is to be achieved ?
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44.  What are the latest guidelines of RBI to be followed by banks while processing banknotes?
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45.  Joining parts of the same currenct note together, for example, by using extraneous matter such as tape, paper or glue is called as 
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46.  Notes with with an area of more than 130 mm² and a minimum length of the smaller edge greater than 10 mm are called as Notes with
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47.  What is the latest Margin Free Ceiling for Agricultural Loans?
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48.  What is the penalty imposed buy RBI for the forged notes detected in soiled note remittances or in chest balances of the currency chest of any bank?
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49.  Authorised dealers and full fledged money changers are now permitted to sell foreign exchange in the form of foreign currency notes and coins, up to USD _____ or its equivalent, to the travellers proceeding to countries other than Iraq, Libya, Islamic Republic of Iran, Russian Federation and other Republics of Commonwealth of Independent States
50.  What is the penal interest for clearing related overdraft of Banks that should be charged by clearing house managing Banks?
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51.  Banking Codes and Standards Board of India (BCSBI) has included pension as payment services for application of ‘Code of Commitment by Banks to Customers’.
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