Quiz About JRE/RE/SRE

1. The maximum amount a customer can pay online towards principle payment is _____________

Rs.1000/-

Any amount exceeding current month’s interest

Complete Loan Amount

Complete Loan amount keeping minimum balance of Rs.100/-

2. MPMC offers MSS(Muthoot Sovereign Scheme) with minimum EMI of Rs._____________

2500

2000

1000

1500

3. What is the Maximum limit for doing NEFT?

1 lac

1.99 lacs

10 lacs

No Limit

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

25,000/- to 1,00,000/-

5,00,000/- to 25,00,000/-

1,500 to 5,00,000

All such sanctioning powers are with Credit Dept., CO(N)

5. _________ is the sum assured under basic plan of MHP (Muthoot Home Protector) in association with Liberty Videocon General Insurance Company

500000

650000

430000

870000

6. Discretionary powers of Branch Head for settlement of loans of a deceased borrower is ........

Rs. 1500 to Rs. 1 Lac

Rs. 10000 to Rs. 1 Lac

Rs. 1 Lac to Rs. 3 Lacs

Rs. 3 Lacs to Rs. 5 Lacs

7. Nitric Acid of ________ concentration being used for Gold Checking

70%

60%

75%

50%

8. Purpose of Mission 1000 Crore launched w.e.f 1st March 2017 as per IOM No. Dir/03/2017

1000 CR Net Gold Loan Growth in March 17

1000 CR Advances in March 17

1000 CR Profit After Tax 2016-17

None of the above

9. Daily Wages to Temporary Office is accounted in ……………….. A/c head

Staff Welfare

Salary A/c

Business

Establishment A/c

10. The service charge of Muthoot Money is __________

1.50% or Rs. 50 whichever is higher

2% or Rs. 50 whichever is higher

2.50% or Rs. 50 whichever is higher

0.05% or Rs. 50 whichever is higher

11. What was the interest offered to customers on subscribed Public Issue NCD XVII series till allotment

8%

7%

5%

6%

12. Suppose Market rate of 22ct gold is 2900 per gram, what will be the advance rate for MPL scheme on solid ornaments?

2030

2000

1885

2175

13. One of the below mentioned following mentioned report is not compulsory while submitting quarterly certificate by branches

HNI visit Report

Counterfeit Currency Report

Auction Notice POD

Packet Counting Report

14. _________ is the charges for 4th Notice issued to customer having GL outstanding for more than 11 months

Rs.50

Rs.23

Rs.15

Rs.7

15. As per IOM no. CO/C&R/28/17, Field Verification should be done with in ………….days and on GL above ……..lacs.

2 days & 5 lacs

5 days & 10 lacs

7 days & 5 lacs

2 days & 10 lacs

16. After registration for “iwill” either Online(www.Muthootiwill.com) or offline(at our branch), customer has time frame of ________________ to fill in all the details and generate the “will”

30 Days

20 Days

60 Days

7 days

17. How many calls in a week has to be made by JRE/RE/SRE to active or inactive customers mapped under their COP as per IOM No. CO/OPN/45/17

30

100

10

50

18. What is the Cash retention Limit of branches with GL Outstanding of 3-10 Crs?

Rs.500000

Rs.150000

Rs.200000

Rs.300000

19. As per New Time and motion study, a staff will get ………..minutes per day for OFP works.

60

30

45

120

20. How many money transfer transactions an NRI customer can receive in a Financial Year in India?

30

12

24

USD250000 or equivalent

21. What is the cut-off time for doing RTGS?

3:50 PM

4:30 PM

4:00 PM

5:30 PM

22. As per revised KYC norms, if there is any change in the address, mentioned as per ‘proof of address’, fresh proof of address shall be obtained within a period of ……………..months?

3 months

1 month

6 months

2 months