Mcdp Set 2

50 Questions | Attempts: 118
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Mcdp Set 2 - Quiz

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Questions and Answers
  • 1. 

    LTA entitlement is after completing ………………… No’ of years of service

    • A.

      2

    • B.

      3

    • C.

      4

    • D.

      5

    Correct Answer
    B. 3
  • 2. 

    How many panic buttons (security alarm) available in the branch premises?

    • A.

      10

    • B.

      5

    • C.

      7

    • D.

      9

    Correct Answer
    C. 7
  • 3. 

    What is time period specified for changing security system password ?

    • A.

      30 days

    • B.

      1 Year

    • C.

      15 days

    • D.

      6 Months

    Correct Answer
    C. 15 days
  • 4. 

    If any excess cash found during the cash verification, amount should be accounted in ………………head of accounts.

    • A.

      Sundry Debtors

    • B.

      Sundry Creditors

    • C.

      Suspense Account

    • D.

      Salary A/C

    Correct Answer
    B. Sundry Creditors
  • 5. 

    Charges paid for stamping of weighing machine to be accounted in …………… account  head?

    • A.

      Legal & professional charges

    • B.

      Postage & Telegram

    • C.

      Legal Charges

    • D.

      Repair & Maintenance

    Correct Answer
    A. Legal & professional charges
  • 6. 

    Name the acid used for checking gold in the branches?

    • A.

      Nitric Acid

    • B.

      Citric Acid

    • C.

      Hydrochloric Acid

    • D.

      Sulfuric Acid

    Correct Answer
    A. Nitric Acid
  • 7. 

    As per Master Circular (Circular No. CO/73/15, Date: 30.05.2015) Cash retention Limit of  branches with GL Outstanding of 3-10 Crs will be ...................?

    • A.

      2 Lacs

    • B.

      5 Lac

    • C.

      4 lac

    • D.

      3 Lac

    Correct Answer
    D. 3 Lac
  • 8. 

    COT code for transfering entries related with ATM operation is..............?

    • A.

      7039

    • B.

      7021

    • C.

      7001

    • D.

      7009

    Correct Answer
    A. 7039
  • 9. 

    Password for ATM cash locker contain ..........digits and the same is equally divided among both the custodians.

    • A.

      8 Digit

    • B.

      10 Digit

    • C.

      12 digit

    • D.

      24 digit

    Correct Answer
    C. 12 digit
  • 10. 

    Sanctioning power of GL token lost release cases between loan amount ............. to .............is vested with RO of the concerned region?

    • A.

      1- 2 lac

    • B.

      2-5 lac

    • C.

      10000-1 lac

    • D.

      25000- 1 lac

    Correct Answer
    D. 25000- 1 lac
  • 11. 

    Write maximum amount of foreign currency an NRI/foreign visitor  can exchange in cash in 30 days period?

    • A.

      1000$

    • B.

      2000$

    • C.

      3000$

    • D.

      1500$

    Correct Answer
    C. 3000$
  • 12. 

    As per extent guidelines gold loan packet should not be taken out from strong room up to ...........months if normal interest payment is taken place?

    • A.

      15 Months

    • B.

      12 months

    • C.

      17 months

    • D.

      18 Months

    Correct Answer
    A. 15 Months
  • 13. 

    Who is the regulatory authority of Telecom department in India?

    • A.

      IRDA

    • B.

      BSNL

    • C.

      TRAI

    • D.

      HCL

    Correct Answer
    C. TRAI
  • 14. 

    Mention the revised Rate of service Tax  W.E.F 01.06.2015?

    • A.

      12.36%

    • B.

      10%

    • C.

      4.5%

    • D.

      14%

    Correct Answer
    D. 14%
  • 15. 

    How many transactions are free in Muthoot White Label ATMs for a month in Metro cities?

    • A.

      2

    • B.

      5

    • C.

      1

    • D.

      3

    Correct Answer
    D. 3
  • 16. 

    Who is the sanctioning authority of Loan against NCD?

    • A.

      RM

    • B.

      MSTL

    • C.

      Resource Dep

    • D.

      BM

    Correct Answer
    B. MSTL
  • 17. 

    What is the maximum limit of CCL scheme? 

    • A.

      RS.2 Lacs

    • B.

      RS.1 Lac

    • C.

      RS.3 Lacs

    • D.

      RS.50 k

    Correct Answer
    B. RS.1 Lac
  • 18. 

    What is the minimum limit of MHL scheme? 

    • A.

      RS.5 LACS

    • B.

      RS.1 LACS

    • C.

      RS.3 LACS

    • D.

      RS.2 LACS

    Correct Answer
    A. RS.5 LACS
  • 19. 

    What is the minimum limit of MPL scheme?

    • A.

      RS.5 LACS

    • B.

      RS.1 LACS

    • C.

      RS.3 LACS

    • D.

      RS.2 LACS

    Correct Answer
    C. RS.3 LACS
  • 20. 

    What is the minimum limit of MSTEL scheme?

    • A.

      RS.5 LACS

    • B.

      RS.1 LAC

    • C.

      RS.3 LACS

    • D.

      RS.2 LACS

    Correct Answer
    B. RS.1 LAC
  • 21. 

    What is the Loan amount upto Rs. ____ of MSL scheme?

    • A.

      Upto Rs.3 Lacs

    • B.

      Upto Rs.2 Lacs

    • C.

      Upto Rs.1 Lac

    • D.

      Upto Rs.5 Lacs

    Correct Answer
    A. Upto Rs.3 Lacs
  • 22. 

    Which is the minimum rate of interest scheme?

    • A.

      MAL

    • B.

      MHL

    • C.

      MBL

    • D.

      MSL

    Correct Answer
    C. MBL
  • 23. 

    What is the minimum rate of interest in loans?

    • A.

      12%

    • B.

      11%

    • C.

      15%

    • D.

      14%

    Correct Answer
    D. 14%
  • 24. 

    What is the % of Administrative Charges?

    • A.

      0.10%

    • B.

      0.25%

    • C.

      0.15%

    • D.

      0.50%

    Correct Answer
    C. 0.15%
  • 25. 

    What is the minimum amount of Administrative Charges?

    • A.

      RS.20/-

    • B.

      RS.25/-

    • C.

      RS.15/-

    • D.

      RS.50/-

    Correct Answer
    B. RS.25/-
  • 26. 

    What is the maximum amount of Administrative Charges?

    • A.

      RS.100/-

    • B.

      RS.200/-

    • C.

      RS.300/-

    • D.

      RS.500/-

    Correct Answer
    D. RS.500/-
  • 27. 

    In which category of loan, Service Charge is applicable?

    • A.

      MBL

    • B.

      MAL

    • C.

      MHL

    • D.

      Option 4

    Correct Answer
    C. MHL
  • 28. 

    What is the percentage (%) of Service Charge for limits less than Rs.10 Lacs?

    • A.

      0.75%

    • B.

      1%

    • C.

      2 %

    • D.

      0.50 %

    Correct Answer
    B. 1%
  • 29. 

    What is the percentage (%) of Service Charge for limits from Rs.10 lakhs and above but less than  Rs.25 lakhs?1 %   

    • A.

      1 %

    • B.

      0.75%

    • C.

      0.50 %

    • D.

      0.25 %

    Correct Answer
    C. 0.50 %
  • 30. 

    What is the percentage (%) of Service Charge for limits of Rs.25 lakhs and above

    • A.

      0.50 %

    • B.

      0.75%

    • C.

      1 %

    • D.

      0.25 %

    Correct Answer
    C. 1 %
  • 31. 

    In which category of loan, Documentation Charge is applicable? 

    • A.

      MBL

    • B.

      MAL

    • C.

      MHL

    • D.

      MOS

    Correct Answer
    D. MOS
  • 32. 

    Vehicle Insurance is being done for at present

    • A.

      Two Wheelers

    • B.

      Three Wheelers

    • C.

      Four Wheelers

    • D.

      Six Wheelers

    Correct Answer
    C. Four Wheelers
  • 33. 

    What percentage of achievement is required for a branch to be in active category for other financial products?

    • A.

      Minimum 50% achievement

    • B.

      Minimum 76% achievement

    • C.

      Minimum 31% achievementty

    • D.

      Minimum 100% achievement

    Correct Answer
    B. Minimum 76% achievement
  • 34. 

    For our ESOP which is compulsory

    • A.

      D MAT A/C

    • B.

      Pan Card

    • C.

      Bank A/C

    • D.

      D MAT + Bank A/C

    Correct Answer
    D. D MAT + Bank A/C
  • 35. 

    What is the latest addition to our Gold Coin

    • A.

      4 gms

    • B.

      15 gms

    • C.

      5 gms

    • D.

      25 gms

    Correct Answer
    D. 25 gms
  • 36. 

    With how many Money Transfer companies we have the tie ups

    • A.

      6

    • B.

      7

    • C.

      8

    • D.

      4

    Correct Answer
    B. 7
  • 37. 

    Our Company owns one of the Exchange Homes. Name the Same

    • A.

      Royal Exchange USA

    • B.

      Muthoot Money

    • C.

      Muthoot Forex

    • D.

      Travelex India

    Correct Answer
    A. Royal Exchange USA
  • 38. 

    How many tie ups of Domestic Money Transfer we have

    • A.

      2

    • B.

      3

    • C.

      1

    • D.

      4

    Correct Answer
    B. 3
  • 39. 

    Name our own portal for DMT (Domestic Money Transfer)

    • A.

      Muthoot Money

    • B.

      Travel Jango

    • C.

      Western Union

    • D.

      Oxygen

    Correct Answer
    A. Muthoot Money
  • 40. 

    MLG (+) is a targeted towards

    • A.

      School children

    • B.

      Sr. Citizen

    • C.

      Remitter from abroad

    • D.

      Remitter from within India

    Correct Answer
    C. Remitter from abroad
  • 41. 

    How Many Division our Group has

    • A.

      16

    • B.

      18

    • C.

      15

    • D.

      17

    Correct Answer
    B. 18
  • 42. 

    How many Branches our franchise of Muthoot Forex Ltd. in CO  (N)

    • A.

      800

    • B.

      900

    • C.

      1000

    • D.

      1470

    Correct Answer
    A. 800
  • 43. 

    Which currency has tie highest value

    • A.

      $ US Dollar

    • B.

      £ UK Pound

    • C.

      € Euro

    • D.

      $ Swapper Dollar

    Correct Answer
    B. £ UK Pound
  • 44. 

    What is the type of our foreign exchange license

    • A.

      AD Cat. I

    • B.

      AD Cat. II

    • C.

      AD Cat. III

    • D.

      FFMC

    Correct Answer
    B. AD Cat. II
  • 45. 

    What is the Annual Premium for Muthoot Healthy Care Policy for a 55 years of age person

    • A.

      Rs 4500

    • B.

      Rs 2400

    • C.

      Rs 300

    • D.

      Rs 9000

    Correct Answer
    B. Rs 2400
  • 46. 

    What is the maximum age for MHC Policy?

    • A.

      55 yrs

    • B.

      60 yrs

    • C.

      45yrs

    • D.

      70yrs

    Correct Answer
    B. 60 yrs
  • 47. 

    What is the Gold loan sanctioning power of BM?

    • A.

      25 lacs

    • B.

      15 lacs

    • C.

      10 Lacs

    • D.

      5 Lacs

    Correct Answer
    D. 5 Lacs
  • 48. 

    Period in which our Assets (gold loan outstanding) is classified as “Weak Asset” Category? 

    • A.

      3-6 months

    • B.

      6-9 Months

    • C.

      9-12 months

    • D.

      12-15 months

    Correct Answer
    C. 9-12 months
  • 49. 

    What is the Profit after Tax of our company during the Q-1 result of FY 2015-16? 

    • A.

      157 Cr

    • B.

      160 Crs

    • C.

      183 Crs

    • D.

      165 Crs

    Correct Answer
    C. 183 Crs
  • 50. 

    What is the processing fee of money transfer of Rs.10000/- through FINO DMT? 

    • A.

      100/-

    • B.

      150/-

    • C.

      200/-

    • D.

      50/-

    Correct Answer
    A. 100/-

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  • Current Version
  • Sep 15, 2015
    Quiz Edited by
    ProProfs Editorial Team
  • Aug 01, 2015
    Quiz Created by
    Buzzanurag
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