Online Test For Branch Head

The correct answer is "Complete Loan amount keeping minimum balance of Rs.100/-". This means that the maximum amount a customer can pay online towards principal payment is the complete loan amount, but they must also maintain a minimum balance of Rs.100/- in their account. This ensures that the customer does not fully deplete their account and still has some funds available.

The correct answer is Rs.750. This implies that the total charges to be collected under MOS till 31 March 2017 is Rs.750.

The given statement is true because according to Circular No. CO/07/17, charges on POS machines are waived until 31st March 2017. This means that during this period, businesses using POS machines will not be required to pay any charges for their usage.

The given correct answer for this question is 200000. This means that the Health Care-Max Bupa policy provides a personal accidental cover of Rs 200,000 along with a mediclaim. This implies that in case of any personal accidents, the policyholder will be eligible for a maximum coverage of Rs 200,000.

The given answer states that a customer cannot pay his part payment of principal through a POS machine. This implies that the POS machine does not support or accept partial payments towards the principal amount. It is likely that the customer would need to make the full payment or explore alternative payment methods for part payments.

The maximum Loan to Value (LTV) for MOS is 70. This means that the maximum amount of loan that can be obtained in relation to the appraised value of the property is 70%.

To calculate the charges for a DMT of Rs. 10000 using Muthoot Money, we need to refer to the given answer choice of 150. This means that the customer would be charged 150 rupees for the transaction.

The correct answer is MGL & MHL. In these schemes, customers are provided with a high value of 75% LTV (Loan-to-Value). This means that customers can borrow up to 75% of the value of the property they are purchasing or mortgaging.

The office boy can carry a maximum of 100 gms of gold coins from one branch to another. This implies that the weight of the gold coins is not very significant and can be easily transported by the office boy.

The correct answer is Credit Dept. CO(N) or South. In the given scenario, the legal heirs of a deceased borrower with a GL outstanding of 12 lacs are approaching for settlement. The sanctioning authority in this case would be the Credit Dept. CO(N) or South. This authority is responsible for approving settlements and making decisions regarding outstanding loans. The other options mentioned, such as Regional Manager, Regional Audit Manager, and Assistant Regional Manager, do not have the authority to make decisions regarding settlements.

The advance rate for the MPL scheme on solid ornaments can be calculated by subtracting the market rate of 22ct gold from the given advance rate. In this case, the market rate is 2900 per gram and the advance rate is 2030. Therefore, the advance rate for the MPL scheme on solid ornaments would be 2030.

The correct answer is 50. This is because the charges for the 4th notice issued to a customer with a GL (General Ledger) outstanding for more than 11 months is Rs. 50.

Employees are entitled to 3 casual leaves in a quarter. Additionally, they are allowed to club together a maximum of 2 casual leaves. This means that employees can take up to 3 casual leaves individually or combine a maximum of 2 casual leaves to take a longer period of leave.

The correct answer is 10 & 2. According to IOM No. CO/OPN/45/17, the Branch Head should visit 10 prospective customers weekly and convert 2 customers weekly for overall GL growth.

The correct answer is MSL, MPL, MGL. These are the Gold Loan schemes in which the customer gets a 2% rebate on interest if paid monthly.

According to IOM no. CO/C&R/28/17, Field Verification should be done within 2 days and on GL above 5 lacs.

The maximum withdrawal amount in Muthoot DCB Visa Card in a day from their branch is 5000.

The correct answer is 10 because as per the given information, the PIN number of the xoom transaction starts with the letter "X" and the only option that starts with "X" is 10.

The maximum amount that can be transferred to a beneficiary using Yes Money from our branch is Rs. 200,000.

The statement "MLS (Muthoot Life Line Scheme) has been discontinued w.e.f 28th Feb 2017" is false. It implies that the Muthoot Life Line Scheme was discontinued on 28th Feb 2017, but the correct answer is false, indicating that the scheme has not been discontinued.

Oriental Insurance is the wrong choice for vehicle insurance because it is not an insurance company that offers coverage for vehicles. While the other options listed, such as The New India Assurance, TATA AIG, and Magma HDI General Insurance, are all known providers of vehicle insurance, Oriental Insurance does not specialize in this type of coverage.

During the period from 1/3/17 to 31/3/17, the charges for bulk PAN application were Rs. 200 and the cash prize for staff was Rs. 500.

According to IOM No. CO/OPN/45/17, the Branch Head is required to make 20 visits weekly for NEW KYC and WIN BACK.

The maximum amount a customer can top up by cash in our DCB visa card in a month is 10000. This means that customers can only add a maximum of 10000 cash to their DCB visa card within a month.

According to the New Time and motion study (IOM/CO/OPN/27/17), each branch staff member is allocated 60 minutes per day for OFP works.

The weightage of NEW KYC under Branch Head KRA as per new PMS criteria (IOM. No. CO/OPN/199/16) is 10.

Gold Loan Transferred using IMT can be withdrawn from Axis Bank and Bank of India ATMs.

The charges for "iWill" (excluding service tax) are 4000.

In case of GL token lost cases that have been lost for 12 months or more, the Branch Head has the authority to sanction an amount up to Rs. 100,000.

As per the revised KYC norms, if there is any change in the address mentioned as per the proof of address, fresh proof of address shall be obtained within a period of 3 months. This means that if there is any change in the customer's address, the financial institution or organization must obtain a new proof of address document within 3 months to update their records and ensure compliance with KYC regulations.