Promotion Test Refresher 2015.pdf

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PROMOTION TEST

REFRESHER 2015 (as on 31.03.2015)

A Compilation by Baroda Academy, Bengaluru

(Under the guidance of Baroda Apex Academy, Ahmedabad)

Faculty

Ms Daisy M

Mr M Suresh Kumar

Mr C S Pradhan

Mr Sanatan Sathua

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Index

Sl No. Topic Page No.

1 Banking (Deposits, Advances & Others) 3-42

About Bank, Deposits, Advances, Laws effecting

Bankers, FOREX, Third Party Products, HR &

Remittances, Pension, service charges

2 Banking Technology 43-56

ATM/ Debit Cards, Internet Banking(Baroda

Connect), Mobile Banking (Baroda M-Connect), Pre

Paid Cards, IP Gateway (Baroda e-Gateway

Depository, Baroda Cash Management Services

(BCMS), CBS-Finacle Package & IT Security

3 Rural Banking 57-63

Revised Priority Sector guidelines/ classification,

Lending norms for PS Advances, Various Agri

Lending Schemes, Govt Sponsored Schemes,

NABARD Schemes for Rural Development, Micro

Credit, Financial Inclusion, Concept of BGPK & BSVS Disclaimer: Though all efforts have been made to incorporate latest and correct information of the

related topics, in case of any doubt please refer book of instructions/various Policies and circulars

of the bank.

This question bank is provided as a last minute refresher and self check by the readers, but not an

exhaustive coverage of all the expected questions in the promotion test, for which readers are

expected to be thorough in various manuals/circulars of the bank.

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Banking About Bank-

1.The Global business of our Bank as on 31.03.14 is –

a.`9,65,900 Cr b. `10,00,036 Cr c. `9,50,070 Cr d. `8,75,265 Cr e. none

2.Our Bank‘s share in Domestic CASA deposits as of 31.03.14 –

a.30.26% b. 30.76% c. 31.76% d. 32.14% e. 33.76%

3.Our Gross & Net NPAs level as of 31.03.14 –

a.2.40% & 1.28% b.2.54% & 1.32% c. 2.94% & 1.52% d. 3.10% & 1.88% e. none

4.Our Bank‘s Net Profit for the F/Y 2013-14?

a.`5,006 Cr b. `4,541 Cr c. `4,480 Cr d. `4,280 Cr e. none

5.What is the percentage of our overseas operations‘ contribution in the bank‘s

business during F/Y 13-14?

a.25.50% b. 29.50% c. 32.60% d. 33.92% e. 35.20%

6.Our Bank‘s CRAR (Basel-II) stood at _____ as of 31.03.14?

a.12.50% b. 12.87% c. 13.01% d. 13.87% e. none

7. The total corpus for payment of incentives to employees will be ____ of the bank‘s

profit after tax.

a. 0.50% b. 0.75% c. 1.00% d. 1.50% e. 2.00%

8.Number of offices/branches that our Bank has presence abroad?

a.101 b. 102 c. 103 d. 104 e. 105

9. The amount of incentive received by any employee should not exceed _____ of his

gross annual salary

a. 5% b. 10% c. 15% d. 20% e. no such ceiling

10. The number of SME Loan Factories as on 31.03.15?

a.48 b. 50 c. 52 d. 53 e. 57

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11. The number of Retail Loan Factories as on 31.03.15?

a. 48 b. 50 c. 53 d. 57 e. 60

12.The number of ‗Baroda Grameena Paramarsh Kendra‘ (BGPK) in our Bank?

a. 45 b. 47 c. 52 d. 55 e. 57

13.What is the approximate exposure to Retail Credit in the overall Credit portfolio of

our Bank as of 31.03.14?

a. `38,000 Cr b. `42,000 Cr c. `45,000 Cr d. `46,000 Cr e. none

14.What is the approximate exposure to MSME Sector in the overall Credit portfolio

of our Bank as of 31.03.14?

a.`48,000 Cr b. `52,000 Cr c. `54,000 Cr d. `56,000 Cr e. none

15.What is the Net Interest Margin (NIM) of our Bank as of 31.03.14?

a. 2.66% b. 2.87% c. 2.98% d. 3.10% e. 3.27%

16.Our Business Policy guidelines for the F/Y 14-15 has given the Motto – ―RACE

Ahead‖. What for ―a‖ stands in the word ‗RACE‘?

a.Actual business b.Average business c.Asset quality d.Adequacy of Capital

e.Average Assets

17.What is the business per employee figure of our Bank as of 31.03.14?

a. `1,466 lacs b. `1,689 lacs c. `1,850 lacs d. `1,865 lacs e. `1,930 lacs

18.Full form of SPGRS (related to customer complaint option in our website) –

Standardised Public Grievances Redressal System

19. Pension work related to processing and payment of Railway pension in our Bank is

situated at –

a. Baroda b. Mumbai c. Hyderabad d. New Delhi e. Pune

20. Which of the following countries having more number of our branches?

a. UAE b. Uganda c. USA d. Tanzania e. UK

21.At which of the following centres, we have our Micro Loan Factory?

a.Raebareli b. Sultanpur c. Lucknow d. only (a) & (b) e. all the above

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22. What is the global deposit figure of our Bank as of 31.03.14?

a.`5,68,894 Cr b. `5,50,883 Cr c. `5,49,556 Cr d. `5,36,363 Cr

e. `4,99,556 Cr

23.What is the global Advances figure of our Bank as of 31.03.14?

a.`4,20,180 Cr b. `3,97,006 Cr c. `3,86,252 Cr d. `3,20,363 Cr e.`3,12,212 Cr

24. Which of the following is/are not a separate vertical/s in our Bank?

i. Resource mobilization

ii. Wealth Management

iii. Training & Development

iv. Govt. Business

v. Retail Deposits

a. (ii) b. (iv) & (v) c. (ii) & (iv) d. (ii) & (v) e. (v)

25. At which of the following places our Bank has opened Regional Office during the

last quarter of this F/Y ie, 14-15?

a. Moradabad b. Madurai c. Sambalpur d. Navsari e. all the above

KEY

1 2 3 4 5 6 7

a c c b c b c

8 9 10 11 12 13 14

d d d e c d d

15 16 17 18 19 20 21

b c d -- d a d

22 23 24 25

a b d e

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Deposits

1. What is the balance to be maintained in Baroda premium current account?

a) Min `75000 b) Min `300000 c) QAB `75000 d) QAB `250000

e)None of the above

2. What is the balance to be maintained in Baroda Premium Privilege current account?

a) Min `100000 b) Min `250000 c) QAB `100000 d) QAB `250000

e) None of the above

3. Auto sweep facility is available in which of the following accounts?

a) Baroda premium current account

b) Baroda premium privilege current account

c) Baroda Advantage current account

d) (a) & (c)

e) (a) & (b)

4. Minimum amount transferred to SDR through auto sweep in Baroda premium current

account is-

a)`10000 b)`15000 c)`20000 d) `25000 e) `50000

5. What is the maximum period of SDR in auto sweep for Baroda premium privilege

current account?

a)15 days b)45 days c)91 days d) 180 days e) 181 days

6. Min. period of SDR in auto sweep for Baroda premium current account is

a)15 days b)7 days c)30 days d)5 days e)45 days

7. Immediate credit of cheques is given in Baroda premium current account for `

a)`25000 b)`50000 c) `75000 d) `150000 e)No immediate credit allowed

8. Immediate credit of cheques is given in Baroda premium privilege current account

for `

a)`25000 b)`50000 c)`75000 d)`150000 e)`250000

9. What is the maximum tax benefit available under Baroda Tax Saving Term deposit?

a) `25,000 b)`50,000 c)`75,000 d)`1,00,000 e)`1,50,000

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10. Number of free cheque book/s available in Baroda advantage current account is

a) One book b) Two books c) Three books d) Unlimited

e) No free cheque book

11. What is the rebate/discount on locker rent to Baroda premium privilege current

account holder?

a) No Rebate allowed

b) 10 % on locker rent, if three years locker rent is paid in advance

c) 15 % on locker rent, if three years locker rent is paid in advance

d) 20 % on locker rent, if three years locker rent is paid in advance

e) 25 % on locker rent, if three years locker rent is paid in advance

12.What is the % of discount available to a Baroda Premium current Account customer

on exchange charges for issuing DD/BC?

a) 10 % b) 25 % c) 50 % d) 100% e) No discount

13. For Baroda Advantage current account holders, 50 % waiver of processing charges

is available in Retail loans. YES /NO

14. Free Issuance of Cheque book is unlimited for the Baroda Premium Privilege

account holder YES/NO

15. HUF, is eligible to open Baroda Premium Current Account YES/NO

16.Minimum Quarterly Average Balance to be maintained in Gen-Next Junior Savings

account is

a.`500 b)`1000 c)`5000 d)`10000 e) zero balance

17.Number of withdrawals not to exceed ______ in a half year by a Gen-Next Junior

Savings Bank account holder.

a)40 b)50 c)100 d)200 e)Unlimited

18.Gen-Next Suvidha is a

a.Savings Banks Product b.Recurring Deposit Product c.Term Deposit Product

d. Loan product e. Overdraft product

19.Aggregate loan amount in Gen-Next Life style scheme should not be more than

a) `5 lakhs b) `8 lakhs c) `10 lakhs d) `15 lakhs e) No upper limit

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20.To avail the Gen-Next Life style facility, the maximum age should not exceed

a.18 years b)21 years c)30 years d)45 years e)60 years

21. What should be the minimum present gross annual emoluments for a borrower to

be eligible for sanction of Gen-Next Life style facility?

a) `60,000 b)`1,00,000 c) `2,00,000 d)`2,50,000 e)None of the above

22.Who is authorised to sanction Gen-Next Life style facility to employees of private

limited companies?

a) Branch Head b)Regional Head c)Zonal Head d)BCC e)MCB

23.The maximum monthly installment that can be deposited in Gen-Next Suvidha is-

a)`1000 b) `5000 c) `10000 d) `20000 e) No upper limit

24.In Gen-Next Suvidha scheme, the monthly installment should be paid on or before

______ to be eligible for interest.

a)10TH day of the month b)5TH day of the month c)3rd day of the month

d)Any day e)None of the above

25. To avail Gen-next Power (OD-facility), minimum take home salary should not be

less than

a)`5000 b) `10000 c) `15000 d) `20000 e) None of the above

26.What is the maximum overdraft allowed in Gen-next Power scheme?

a)`1 lac b) `2 lacs c) `3 lacs d) `5 lacs e) `8 lacs

27.Which of the credit rating model is being used for Gen –Next Power facility?

a)SME rating model b)Old credit Rating Model c)BOBRAM model

d)Personal loan model e)No rating is require

28. In super savings bank account interest is payable on ……………..basis.

a) Half yearly b)Quarterly c)Monthly d)Annually e)Daily

29. What is the minimum balance to be maintained in Baroda pensioners‘ saving bank

account to enjoy auto sweep facility?

a) `5 b) `1000 c) `500 d) `3000 e) No minimum balance required

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30. Which of the following is correct in Baroda Super Savings Bank a/c

a) Auto sweep to SDR for 181 days in multiple of `10000/- & reverse sweep in multiple

of `1000/- on LIFO basis.

b) Auto sweep to SDR for 180days in multiple of `5000/- & reverse sweep in multiple


c) Auto sweep to FDR for 1 Year in multiple of `10000/- & reverse sweep in multiple


d) Auto sweep to SDR for 45 days in multiple of `10000, & reverse sweep in multiple

of `5000 on LIFO basis.

e) None of these

31. What is the minimum Quarterly Average Balance to be maintained in Baroda Super

Savings Bank account?

a) `10000 b) `15000 c) `20000 d) `25000 e) `50000

32. What are the applicable charges in Super Savings Bank account for issuing cheque

leaves in excess of 40 in a year?

a) `2/- + S T b)`2.50 + S T c) `3/- + S T d) `4/ + S T e)No Charges

33. What is the QAB to be maintained in Baroda Shubh Savings Account?

a) `5000/- b) `10000/- c) `15000/- d) `20000/- e) `25000/-

34. How many cheque leaves are free in a half year in Baroda Advantage Savings Bank

Account?

a) 10 leaves b)20 leaves c)30 leaves d)40 leaves e)Unlimited

35. What is the minimum age for opening Savings Bank account in sole name of

a minor(able to read & write)?

a) 10 Years & Above b)14 Years & Above c)18 Years & Above

d) 15 Years & Above e)21 Years & Above

36. What is the allowable maximum credit balance in Minor‘s a/c aged 10-14 years?

a) `100000/- b) `50000/- c) `10000/- d) `5000/- e)No limit

37. In Baroda Bachat Mitra (Overdraft facility in savings a/c), what is the minimum

overdraft facility available?

a) ̀ 10000/- b) `5000/- c) `8000/- d) `100000/- e) `25000/-

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38. What is the maximum OD facility available in Baroda Bachat Mitra Account?

a) `10000/- b) `100000/- c) `25000/- d) `50000/- e) `500000/-

39. What is the maximum amount of overdraft can be allowed in Baroda Pensioners

Savings Bank a/c

a) One month pension amount

b) Two months pension amount

c) 10 months pension amount

d) 20 months pension amount

e) No OD facility

40. Upto what amount immediate credit of outstation cheque can be allowed in Baroda

Pensioners Savings Bank a/c?

a) `15000/- b) `20000/- c) `25000/- d) `50000/-

e) No Immediate Credit

41. In Savings deposit account interest is paid on:

a) daily outstanding balance in the account and is paid on quarterly basis

b) maximum balance in the account between 11th to the last working day of the

month

c) minimum balance in the account between 10th to the last working day of the

month

d) daily outstanding balance in the account and is paid on yearly basis

a) daily outstanding balance in the account and is paid on half yearly basis.

42. Waiver of processing charge on retail loans is available for

a) Baroda premium current account holder

b) Baroda Super Saving account holder

c) Baroda Shubh Saving account holder

d) Baroda advantage saving account holder


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43. Baroda Centenary Savings account can be opened in

a) Metro branches only

b) Metro and Urban Branches only

c) Semi Urban branches only

d) Semi Urban and Rural branches only

e) Metro, Urban, Semi Urban and Rural branches

44. In Baroda Centenary SB account, interest will be payable ___________on daily

product basis.

a) Quarterly b) Half yearly c) Yearly d) Weekly e) Daily

45. What is the minimum age required to get life insurance cover in the Baroda

Jeevan Suraksha Savings Bank account?

a) 10 years b) 15 years c) 18 years d) 21 years e) 25 years

46. Auto sweep and reverse sweep facility is available in Baroda Jeevan Suraksha SB

account YES / NO

47 What is the mandatory period of deposit in ―Baroda Maha Utsav Term Deposit‖?

a)444 days b)555 days c)666 days d)999 days e)1111 days

48. If premature payment under NRE term deposit is being taken place before 12

months, then what is the interest payable to the depositor?

a) 1% less than applicable rate of interest for the period

b) No penalty will be charged and applicable rate of interest will be paid

c) No interest will be paid

d) Interest as per bank‘s discretion


49. What is the minimum deposit amount required to open Baroda Double Dhamaka

Fixed Deposit?

a) ` 100 b) `500 c) `1000 d) `5000 e) `10000

50. What is the minimum period of deposit under Baroda tax saving scheme?

a)12 months b)24 months c)36 months d)60 months e)120 moths

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51. How much % of Baroda tax saving deposit can be considered as LABOD?

a) 80% b) 85% c) 90% d) 95% e) No LABOD

52. A person aged 60 yeras has opened a RIRD account for `1 lac for 10 years. ROI

for 8-10 years is 9.05% with additional interest benefits to specific categories of

customers. How much interest will he get?

a) 9.05% b) 10.05% c) 9.55% d) 9.30% e) none of these

53. Under Baroda flexi Recurring Deposit (YSJY) what is the maximum ceiling of

deposit?

a) 3 times of core installment maximum `10000

b) 2 times of core installment maximum `10000

c) 5 times of core installment maximum `15000

d) 5 times of core installment maximum `10000

e) No ceiling

54. What is the minimum amount of deposit allowed under Baroda Yatha Shakthi Jama

Yojana?

a) `50 b)`100 c)`5 d)`10 e)`1000

55. Baroda Recurring Deposit account can be opened for a maximum period of -

a)12 months b)36 months c)60 months d)120 months e)240 months

56. What is the maximum allowed OD/Loan limit against a time deposit?

a)90% of face value b)90% of book value c)95% of face value

d)95% of book value e)85 % of face value

57. Which of the following is eligible to invest in Baroda Tax Savings Deposit scheme?

a) Company b) Society c) Firm d) Individual e) All the above

58.In Baroda Tax Saving Deposit scheme, ex- staff who is also a senior citizen will

get the benefit of -

a) 1 % additional interest only

b) 0.5 % additional interest only

c) either 1 % or 0.5 % additional interest as per his/her choice

d) both 1 % and 0.5 % eligible

e) No additional benefit

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59. How much maximum amount a customer can deposit in RIRD account with our bank?

a) `25 lac b) `50 lacs c) `1 cr d) `10 Cr e) no such ceiling

60. FCNR (B), deposit can be accepted for a maximum period of ____

a) 3 Years b) 5 Years c) 7 Years d) 10 years e) None of the above

61. What is the additional interest rate to be paid in a Fixed Deposit Joint account

where first holder is senior citizen, dependent of staff and second holder is

senior citizen retired staff?

a. 0.50% b. 1.00% c. 1.50% d. 2.00% e. none of above

62. As per the newly approved policy on ―Preservation and Destruction of Records and

Document Handling‖, what is the period of retention for vouchers pertaining to

FDR?

a. 5 years b. 8 years c. 10 years d. 12 years e. 20 years

63. What are the maximum sanctioning powers of LABOD for different sanctioning

authorities?

JMGS-I MMGS-II MMGS-III SMGS-IV

a `10.00 `25.00 `100.00 `200.00

b `25.00 `50.00 `150.00 `200.00

c `25.00 `62.50 `150.00 `200.00

d `25.00 `62.50 `200.00 `250.00

e Can be sanctioned any amount by taking sufficient margin

64. RIRD with related to Fixed Deposit stands for –

a) Regular Income cum Regular Deposit

b) Regular investment cum Recurring Deposit

c) Regular Income cum Recurring Deposit

d) Re-investment cum Regular Deposit


65.What is the minimum amount a customer can deposit in RIRD Scheme?

a) `50 b) `100 c) `1000 d) `5,000 e) `10,000

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66. A salaried person has an invesement of `2 lacs in our bank‘s RIRD Scheme for 8

years at the rate of 9.05%. He is a tax payer and having annual income of `6.80

lacs from all the sources. Which statement is true about TDS for this person?

a) TDS will be deducted @10%

b) TDS will be deducted @ 20%

c) He can submit Form No.15(G) for tax exemption

d) He can submit Form No.15(H) for tax exemption

e) As a tax payer, he is exempted from TDS

67. What is the maximum period that a customer can invest his funds in RIRD

scheme?

a) 1 year b) 3 years c) 5 years d) 10 years e) 12 years

68. A deposit in RIRD schemes is liable for TDS if interest paid in a F/Y exceeds

_____ per annum

a) `5,000 b) `10,000 c) `20,000 d) `50,000 e) `1,00,000

69. Mr Prakash has deposited `1.00 lac in RIRD scheme for 8 years @ 9% p.a. with

our bank. After expiry of 11 months from initial deposit, he felt an urgent need

of entire money, so requested bank for pre mature withdrawal. ROI for 11

months was 6.50%. At what rate will he get his money back?

a) At contractual rate ie, 9% p.a.

b) @ 6.50%

c) @ 8%

d) @ 5.50%

e) None of these

70. A customer has a RIRD deposit of `50,000 with our bank for 60 months @

7.50% with maturity value of `72,497/-. After completing 15 months, he

approached bank for a loan of `55,000 against his deposit . But the book value

at the time of seeking loan was `54,000. How much max loan depositor can get?

a) `40,500 b) `48,600 c) `55,000 d) `51,300 e) `53,000

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71. Mr Sukant has two deposit receipts of `50,000 and `1.50 lacs in RIRD scheme

with bank. ROI and period of deposit are 8.25% & 9.15% and 60 months & 84

months respectively. One day he approached bank for a loan of `1.80 lacs

against his both deposits. How much interest will bank charge from customer?

a) 9.15% b) 8.93% c) 9% d) 10% e) none

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KEY

1 2 3 4 5

c d e d c

6 7 8 9 10

a b d e a

11 12 13 14 15

d c YES YES YES

16 17 18 19 20

a c b b d

21 22 23 24 25

d b c b b

26 27 28 29 30

b d b d a

31 32 33 34 35

c e c b a

36 37 38 39 40

a c b b c

41 42 43 44 45

e c e a c

46 47 48 49 50

YES e c d d

51 52 53 54 55

e c a b d

56 57 58 59 60

d d d e b

61 62 63 64 65

b e d c c

66 67 68 69 70

a d b d d

71 *

d

*1,50,000x9.15 = 13,72,500

30,000x8.25 = 2,47,500

16,20,000/1,80,000 = 9% applicable average deposit rate +

1% above deposit rate on LABOD @ 10%

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Advances

1.One of our USPs in case of housing loan is -

a) Free personal accident& house building insurance

b) Free personal accident insurance

c) Free life insurance

d) Free life & building insurance

e) Free house building insurance

2. What is maximum housing loan limit for a rural/semi urban branch?

a) `50 lacs b) `75 lacs c) `100 lacs d) `150 lac e) `200 lacs

3. Loans for repairs to the damaged dwelling units of families up to ` -----lac in rural

and semi- urban areas and up to `----- in urban and metropolitan areas qualifies

for priority sector.

a) 1,2 b) 2,5 c) 1,4 d) 2,4 e) 1,5

4. What is the revised margin for Home Loans upto `20 lacs?

a. 10% b. 15% c) 20% d) depends upon monthly income e) none

5.The maximum allowable moratorium period in case of Home Improvement loan is-

(a) 06 months (b) 12 months (c) 18 months (d) 24 months (e) 30 months

6. What is the revised margin for Home Loans above `20 lacs & upto `75 lacs?

a. 10% b. 15% c) 20% d) 25% e)depends upon monthly income

7. What is the maximum period for repayment of Home Improvement loan?

(a) 10 years (b) 15 years (c) 20 years (d) 25 years (e) 30 years

8. The maximum limit that can be sanctioned in Home Improvement loan is -

(a) ̀ 10lac (b) `25lac (c) `50lac (d) `75lac (e) `100lac

9. Home improvement loan cannot be given to

(a) HUFs (b) Staff (c) Director of a company (d) Partner of a firm

(e) both a & b

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10. For availing Home Improvement loan, the principal borrower must be employed

or to be in business at least for ----------.

(a) 6 months (b) 1 year (c) 2 years (d) 2.5 years (e) 3 years

11.The eligible limit for Baroda Additional Assured Advance is _______ of residual

Value of house property after deducting _______ of O/S in housing loan account.

a)75%,150% b) 50%,100% c) 40%,75% d) 30%,150% e) 20%,125%

12. Valuation of the property at the time of considering AAA facility should not be

older than ------------.

a)01 years b) 02 years c) 03 years d) 05 years e) None of these

13. The minimum amount of loan under AAA facility-

a)`0.25 lacs b) `0.50lac c) `1.00lac d) `Rs.2.00lac e) `5.00lac

14. The maximum amount of loan that can be sanctioned under AAA is -------

a)`10 lacs b) `20 lacs c) `100 lacs d) `200lac e) 90% of principal repaid

15 For becoming eligible for home loan, a N.R.I must have been employed overseas or

having a business unit for the last ------- years

(a) 1 year b) 2 years c) 3 years d) 4 years e) No such condition

16. What should be the minimum income per annum for a NRI, to become eligible for

NRI home loan?

(a) `1 lac b) `3 lacs c) `4 lacs d) `5 lacs e) `6 lacs

17. The maximum repayment period for a N.R.I home loan is ------ years.

(a) 10 b) 15 c) 20 d) 25 e) 30

18. The income criteria for calculation of outer limit of housing loan in case of

N.R.I (salaried) is------------subject to repayment capacity.

(a) 25 times of gross monthly income

(b) 36 ------------do---------

(c) 48 ------------do------------------

(d) 54------------do-------------------

(e) As per norms of home loan to residents

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19. What is the minimum amount of loan under ―Baroda Loan against Future Rent

Receivables‖?

a. `5 lacs b. `10 lacs c. `15 lacs d. `20 lacs e. `25 lacs

20. What should be the minimum stipulated margin on the value of property in our

Retail Product, Baroda Ashrey?

a) 15% b) 20% c) 25% d) 30% e) 40%

21. What is the maximum age of the building to be accepted as security for

considering Baroda Ashrey Loan?

a)10 b) 20 c) 25 d) 30 e) 40

22. The minimum age of borrower to be considered for availing Baroda Ashrey is ____

a) above 55 b) above 60 c) above 65 d) above 70 e) aged 60-70

23. What is the maximum amount of loan including proposed accrued interest under

Baroda Ashrey Loan?

a) `25 lacs b) `50 lacs c) `1 crore d) `2 crores e) `3 crores

24. In Baroda Ashrey Loan, the mortgaged property is to be revalued at an interval of

every --------years during the entire period of loan.

a)2 b) 3 c) 1 d) 5 e) 4

25. What is the maximim limit under loan to Professionals as a Retail borrower?

(a) `10 lacs (b) `20 lacs (c) `25 lacs (d) `50 lacs (e) `100 lacs

26. What is the maximum amount of loan that a Rural branch can sanction under

Baroda Mortgage Loan?

(a) `2.00lac b) `5.00lac c) `10.00lac d) `50.00 lacs e) `100.00 lacs

27. What is the DLP for an Officer in Scale-III for considering Baroda Mortgage

loan?

a) `10 lacs b) `20 lacs c) `25 lacs d) `50 lacs e) `100 lacs

28. What is the maximum moratorium period allowed in Baroda Mortgage loan?

(a) 03 months b) 06 months c) 12 months d) 18 months e) 24 months

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29. While considering Baroda Mortgage loan, normally age of the building should not

exceed -------years

a)10 b) 15 c) 20 d) 25 e) 40

30. What can be the minimum amount of loan under Future Rent receivable scheme to

the land lord of Bank of Baroda premises?

a)`5.00lacs b) `10.00lacs c) `15.00lacs d) `20.00lacs (e)No minimum limit

31. For considering Baroda Traders Loan, the borrower should be in the line of activity

/business for a minimum of ----- years

(a) 01 year b) 1.5 years c) 2 years d) 2.5 years e) 3 years

32. What is the periodicity of inspection in a standard Baroda Traders Loan account?

(a)As per credit rating (b) Bi monthly (c) Quarterly (d) half-yearly

(e) Once in a year.

33. What is the maximum loan that can be considered under Baroda traders Loan?

(a) `50.00lacs b) `100.00lacs c) `250.00lacs d) `300.00lacs e) `400.00lacs

34. What should be the minimum amount of loan that can be availed in Baroda Trader

Loan against gold ornaments?

a) `0.25lac b)`0.50lac c) `2.00lacs d) `3.00lacs (e)`5.00lacs

35. What is the maximum limit allowed under our Retail Product Baroda Advance

against gold Ornaments/jewellery?

(a) `2.00 lacs b) `10.00 lacs c) `15.00 lacs d) `20.00 lacs e) `25.00 lacs

36. What should be the stipulated margin for advance against gold ornaments for more

than `3.00 lacs?

(a) 15% b) 25% c) 30% d) 35% e) 40%

37.For availing benefit of education linked subsidy scheme, maximum amount of the

income of entire family of student not to exceed `------lacs p.a

(a) `2.00 b) `3.50 c) `4.00 d) `4.50 e) `5.00

21

38. What is the maximum limit for purchase of new vehicles under SME scheme for

financing existing borrowers for purchase of new vehicles?

a.`50 lacs b. `100 lacs c. `150 lacs d. `200 lacs e. `300 lacs

39.What is the stipulated margin under Baroda Scholar Education Loan scheme?

(a) 5% b) 10% c) 15% d) 20% e) 25%

40. In which of the following products, 100% collateral is stipulated irrespective of

the sanctioned limit?

(a) Baroda Gyan (b) Baroda Scholar c) Baroda Career development

(d)Baroda Vidya (e) No such scheme

41. RBI has advised all PSBs to earmark _____ of their Net Bank Credit for lending to

women

a. 1% b. 3% c. 5% d. 8% e. 10%

42.What is the maximum eligible amount in Baroda Auto Loan for purchase of an old

Car?

(a) `5.00lacs b)`10.00lacs c)`15.00lacs d)`20.00lacs e)`25.00lacs

43. What is the minimum stipulated margin while financing car (above `15.00lac)?

(a) 10% b) 15% c) 20% d) 25% e) 30%

44. What is the maximum limit for purchase of new vehicles from commercial vehicle

manufacturers under scheme for financing Road Transport Operators?


45. What is the maximum ceiling for the deviation charges under Retail lending (other

than Housing Loan) products?

a) `5000 b) `6000 c) `10000 d) `15,000 e) `20,000

46 What is the maximum ceiling for Defense pensioners‘ loan in our bank?

a) `1.00lac b) `2.00lacs c) `3.00lacs d) `4.00lacs e) `5.00lac

47.What is the maximum ceiling for considering Pensioners‘ loan, other than defense

Pensioners?

(a) 4 times b) 5 times c) 6 times d) 8 times e) 10 times

22

48. As per Commercial Real Estate exposure, the Loan against Rent Receivables limit

upto _____ can be considered under Retail Banking segment to individuals-

a. `1 Cr b. `2 Cr c. `3 Cr d. `5 Cr e. `10 Cr

49.In case of non allotment of property/plot, Loan for earnest money deposit to be

repaid lump sum within a period of ----

(a) 01 month b) 02 months c ) 03 months d) 06 months e) 12 months.

50.In case of loan to Doctors (Retail), up to what limit collateral security can be

waived?

a) `2.00lacs b) `3.00lacs c) `5.00lacs d) `10.00lacs

b) It cannot be waived

51. What is the minimum stipulated limit under the Retail product, ―Loan to

Doctors‖?

(a) `0.50lacs b) `1.00lacs c) `2.00lacs d)`5.00lacs e) No minimum limit

52. What is the maximum limit of eligible housing loans under Credit Risk Guarantee

Fund Trust Scheme (CRGFS) for low income housing in urban areas?

a. `5.00 lacs b. `6.00 lacs c. `8.00 lacs d. `10.00 lacs e. `15.00 lacs

53. What is the maximum loan limit for our staff against N.S.Cs ?

a) `3.00lac b) `5.00lac c) `10.00lac d) 5 times of gross salary

e) 6 times of gross salary

54. What is the maximum ceiling to the customer for availing loan against NSC/Life

Insurance policy?

a) ̀ 15.00 lacs b) `25.00lacs c) `50.00lacs d) `100.00lacs (e)No such ceiling

55. What is the maximum OD facility under the Baroda Salary advantage account?

(a) `0.50 lacs b) `1.00 lac c) `2.00 lacs d) `3.00 lacs e) `5.00 lacs

56. The OD limit allowed for Baroda salary advantage SB account should be

brought in to credit balance at least once in ---------- days.

(a) 30 b) 45 c) 60 d) 90 e)Not required

23

57. Age of the principal borrower should not be less than ------- years while

considering Housing Loan.

a)18 b)20 c) 21 d) 25 e) 30

58. What is the maximum repayment period that can be considered for repayment of

Housing Loan?

a) 30 years b) 25 years c) 20 years d) 18 years e) 15 years

59. What is the maximum repayment period allowed for Two Wheeler and Consumer

Durable Loans?

(a) 35 months b) 36 months c) 48 months d) 60 months e) 84 months

60. What is the maximum limit under our SME Product ‗Baroda OD against Land &

Building‘ Scheme in a Rural area?


61. Upto what limit an Education loan for studies in India is classified as priority

Sector?

(a) `5 lacs b) `10 lacs c) `15 lacs d) `20 lacs e) `25 lacs

62. In case of takeover of retail loans, though within the DLP of a sanctioning

Authority, prior permission is required from___

(a) Regional head b) Zonal Head c) D.R.M d) Chief manager

e) Permission not required

63. In our Bank, on-line application facility is not provided for which of the retail

products given below?

(a) Baroda Home Loan (b) Baroda Car Loan (c) Baroda Personal Loan

(d)Baroda Education Loan (e) none of these

64. What is the periodicity of inspection of security in case of a fully disbursed & well

run Baroda Home loan account?

(a) 06 months (b) 01 year (c) 02 years (d) 03 years (e) 05 years

65. What is the maximum time allowed for construction on a plot purchased under

our Housing loan?

(a) 12 months (b) 18 months (c) 1 year (d) 2 years (e) 3 years

24

66. What is the maximum loan limit under Baroda Home loan scheme at Urban &

Metro centres?

(a) `50lacs (b) `100lacs (c) `150lacs (d) `200lacs (e) `300.00lacs

67. What is the maximum limit under Car Loan to a salaried person?

(a) 18 times of G.M.I (b) 20 times of G.M.I (c) 24 times of G.M.I

(d) 30 times of G. M.I (e) 36 times of G.M.I

68. Which of the following constitutions not eligible for Baroda Traders loan?

(a) Individuals (b) Proprietorship firms (c) Pvt. Ltd. Co

(d) Registered Co operative Societies (e) Public Ltd co.

69. Upto what limit an Education loan for studies abroad is classified as priority

Sector?

(a) `4 lacs (b) `5 lacs (c) `10 lacs (d) `15 lacs (e) `20 lacs

70. In housing loan, age of Co-borrower should not be less than ------- years.

(a) 21 (b) 18 (c) 25 (d) 30 (e) 20

71. What is the percentage of margin for financing old car of its accepted value?

(a) 10% (b) 15% (c) 25% (d) 30% (e) 40%

72. For applying personal loan, the prospective borrower must be employed at least

for the last ----------.

(a) 06 months (b) 18 months (c) 1 year (b) 2 years (c) 3 years

73.What is the revised margin for Home Loans above `75 lacs?

a. 10% b. 15% c) 20% d) 25% e) depends upon monthly income

74. Addition of co-borrower is allowed for Car Loan, subject to –

a. Minimum age of co-borrower is 18

b. Should be a family member of the principal borrower

c. Vehicle should be registered in the name of first applicant

d. If income of co-borrower is accepted for higher limit, sustainability of

income to be ensured

e. All the above

25

75. What is applicable Rate of Interest for our Baroda Car Loan?

a. Base Rate + 0.50% uniform for all tenor

b. Base Rate + 0.25% for loans up to 5 years & Base Rate + 0.50% for loans

more than 5 years

c. Base Rate + 0.25% for all tenor

d. Base Rate

e. None of these

76.Which of the following Deviations for Baroda Auto Loan where Regional Head/

Zonal Head has been given full powers for ‗waiver‘?

a. Existing account relationship b. Maximum age parameters

c. Income criteria d. Repayment period e. (a), (b) & (c) only

77. Which of the following is/are TRUE with respect to extension of mortgage of

property to secure more than one Retail /other loan?

(i) Regional Head can allow extension upto -2- Loans

(ii) Zonal Head can allow extension upto -3- Loans

(iii) Committee of GMs has full powers in this aspect

a. Only (i) & (ii) b. Only (i) & (iii) c.Only (ii) & (iii) d. only (i) e. all (i),(ii) & (iii)

78.Under Home Loan to Staff members under Public Scheme, what is the maximum

eligible amount for purchase/construction of house?

a) any amount as per repaying capacity/take home salary

b) `10 lacs c) `15 lacs d) `25 lacs e) `30 lacs

79. What is the minimum loan limit under our SME Product ―Baroda OD against Land &

Buildings‖?

a. above `5 lacs b. above `10 lacs c. above `20 lacs d. above `25 lacs

e. above `30 lacs

80.What are the criteria for issuing SME Gold Card to a borrowe?

a. A/c in standard category for last 2 yrs, obligor rating of BOB- 4

b. A/c in standard category for last 2 yrs, obligor rating of BOB- 5 and

above, enjoying working capital limits of `25lacs and above

c. A/c in standard category for last 3 yrs, obligor rating of BOB- 5 and

above, working capital limits of `25lacs and above

d. A/c in standard category for last 2 yrs, obligor rating of BOB- 4 and

above, enjoying working capital limits of `25lacs and above

e. A/c in standard category for last 2 yrs, obligor rating of BOB- 5

26

81. Baroda SME Gold Card is issued for a period of ____

a) 180 days b) 1 year c) 2 years d) 3 years e) 5 years

82. Baroda SME Gold Card envisages a standby limit of ___ % of the assessed

MPBF/limit

a.10% b. 15% c. 20% d. 25% e. 30%

83. What is the minimum & maximum limit as per scheme guidelines under Baroda

Vidyasthali Loan?

a) `10lacs and `10 Cr

b) `25lacs and `10 Cr

c) `10lacs and `15 Cr

d) `25lacs and `15 Cr

e) `10lacs and `12 Cr

84. What is the maximum loan limit under our SME Product ―Baroda Arogyadham‖ in

Urban & Metro Centres?

a) `10 Cr at both Urban & Metro

b) `12 Cr at both Urban & Metro

c) `12 Cr at Urban & `15 Cr at Metro

d) `10 Cr at Urban & `15 Cr at Metro

e) `15 Cr at both Urban & Metro

85.What would be the 'composite loan limit' under SME Loan Pack scheme?

a)4 times of Borrower‘s TNW as per last audited B/s or maximum `2 Crs,

whichever is lower

b) 4.5 times of Borrower‘s TNW as per last audited B/s or maximum `5 Crs,

whichever is lower

c) 4.5 times of Borrower‘s TNW as per last audited B/s or maximum `10 Cr,

whichever is lower

d) 4 times of Borrower‘s TNW as per last audited B/s or maximum `5 Cr,

whichever is lower

e) None of these

27

86.As per Credit Guarantee Fund Trust Scheme (CGTMSE) for Micro and Small

Enterprises the 'collateral free' credit to Micro and Small Enterprises can

be covered up to a limit of

a. `25 Lac b. `50 Lac c. `100 Lac d. `150 Lac e. `200 lacs

87. Break Even point refers to a level ;

a. Beyond which a unit starts registering profit

b. At which sales is equal to Fixed cost and Variable cost

c. Where the functioning of the unit will result into no profit no loss

situation.

d. Above all

88. Net working Capital refers to

a. TNW minus non current assets minus contribution to Fixed Assets

b. Total of current assets minus total of current liabilities (incl. Bank Fin.)

c. Borrower‘s own contribution by way of margin in working capital

d. Above all e. either (b) or (c)

89. Shorter Operating cycle of unit refers to ;

a. Efficiency of the working capital management

b. Lesser working capital requirement

c. Fast turnover of the current assets.

d. Above all

e. (b) & (c) only

90. A Micro Enterprises (Mfg) is one whose original investment in plant and

machinery does not exceeds__


91. All documents are required to be vetted by approved panel advocate of the bank

if sanctioned limit exceeds ____

a)`5 lacs b) `10 lacs c) `25 lacs d) `50 lacs e) `1 Cr

28

92. Current assets are those assets which are

a. Converted into securities during business cycle

b. Converted into cash during business cycle

c. Converted into fixed assets during business cycle

d. Converted into debts assets during business cycle

93. Current liabilities are those which are payable normally within a period of ___

a. Nine months. b. Three months. c. Immediately

d.One year from the date of balance sheet.

94. Net worth means

a. total of capital and free reserves

b. total of capital and long term debts.

c. total of capital and debentures.

d. total of capital, free reserves and debentures

e. total share capital

95. Tangible net worth means

a. Net Worth – Intantigle assets

b. Net Worth – Debentures

c. Net Worth – Goodwill

d. Net Worth + Intangible Assets.

e. Net Worth + Net Profit

96. Cash profit means

a. Gross Profit + depreciation

b. Net Profit + depreciation

c. Net Profit – depreciation

d. Gross profit – depreciation

e. Profit retained in the form of cash

29

97. Other name for cash profit is

a. Reserve generation b. Profit generation c. Net profit

d.Cash generation e. cash in hand

98. The total of current assets is known as -

a. Net working capital b.Gross working capital c.Working capital gap

b. Borrower‘s contribution e. Bank Finance

99. Current assets minus current liabilities excluding bank borrowings is Called--

a. Net working capital b. Working Capital gap c. Net sales d.Net profit

e. Gross Working Capital

100. What should be the minimum collateral security if finance under SME

Baroda Arogyadham exceeds `5.00 Cr?

a.20% b. 25% c. 30% d. 35% e. 40%

101. What is the Lock-in period for any Credit facility under CGTMSE?

a) 3 months b) 6 months c) 12 months d) 18 months

e) 24 months

102. Branch Manager in Scale II in a rural branch can grant maximum TOD

upto

a) `0.50 Lacs b) `1.00 lac c) `2.00 lacs d) `50 lacs e) no powers

103. As per Recovery Policy 2014, Bank calculates notional recoverable dues

@____ simple interest in order to arrive at the sacrifice in the compromise

advance account.

a) 8% b) 9% c) 10% d) 12% e) 15%

104. What are the guidelines for periodicity of inspection of prime

securities for working capital, in case of latest Credit Rating is BOB-1 to

BOB-3?

a)Bi-monthly b) Quarterly c) Half-yearly d)Yearly

e) As and when required

30

105. What is the classification in case of new infrastructure and real estate

where the project cost is up to `50 crores?

a)Rural & Agri Banking b)Wholesale Banking c) Retail Credit

d)MSME Advance e) None of the above

106. Documents related to advance sanctioned should be vetted by Law

Officer posted at Region/Zone if total exposure (Funded plus Non-

Funded) is ______.

a)Above `2 Cr b) `2 Cr & above c) Above `1 Cr d) `1 Cr & above

e)`10 lacs & above

107. Monthly Monitoring Reports are to be submitted in all accounts with

exposure of ______

a. `100 lacs & above b. above `100 lacs c. `200 lacs & above

d. above `200 lacs e. All accounts beyond the powers of Branch Head

108. Which of the following requires activity clearance from Corporate Office

though proposal falls within the DLP of Zonal Head?

a) Cinema Halls, Theatres

b) Auditoriums/ Amusement Parks

c) Advances to hotels/resorts

d) Leasing/Hire purchase

e) Exposure to diamond industry

109. What is the minimum & maximum limit for financing units under Textile

Industry as per our SME Scheme?

a. `10 lacs & `10 Cr b. `10 lacs & `15 Cr c. `25 lacs & `10 Cr

d. `25 lacs & `15 Cr e. `25 lacs & `25 Cr

110. Stock/Book Debt Audit is to be carried-out compulsorily in all accounts

every financial year having fund- based working capital limits (including

DA LC limit) of over ` ----- with our Bank.

a)`1 crore b) `5 crores c) `10 crores d) `25 crores

e) in all account

31

111. Which one of the following is NOT the correct parameter in case of takeover of

SME accounts?

a) Profit-making concerns only as per last audited Balance Sheet.

b) There should not have been any reschedulement / restructuring in the

account during last year.

c) Satisfactory report from the existing bank/FI and/or satisfactory

conduct of account as per latest statement of accounts

d) Accounts with existing lenders should be under the category of

―Standard Assets‖.

e) Accounts are rated as per the new credit rating model (BOBRAM) subject

to ‗minimum‘ BOB 6.

112. What are the criteria for undertaking TEV study as per our Bank‘s guidelines?

a) Size of exposure b) Project Cost & Size of exposure

c) If the customer is new to our Bank d) Project Cost only


113. TEV study need not be insisted upon in case of

a) Limit of `10 Cr b) Project cost of `10 Cr

c) Limit less than `10 Cr d) Project cost less than `10 Cr

e) Project cost less than `5 Cr

114. When the account has become NPA, and there is significant erosion in value of

Security, the account will be classified as –

a)Sub-Standard b)Loss c)DB-I d) DB-II e) DB-III

115. All NPA accounts involving _____ or more to be invariably suit-filed.


116. Which of the following accounts, Compromise can be entertained?

a) NPA account b) Suit filed & decreed account c) DRT/BIFR account

d) Where SARFAESI action has been initiated e) All the above

32

117. Corporate Debt Restructuring (CDR) can be undertaken in respect of –

a) Account where total FB & NFB exposure is not less than `10 Cr

b) Credit facilities have been extended under Consortium/Multiple Banking

Arrangement

c) Borrower is not a willful defaulter

d) Account which fulfills any one condition above

e) Account which fulfills the conditions (a) (b) (c)

118. As per Commercial Real Estate exposure, the Loan against Rent Receivables limit

upto _____ can be considered under SME Banking to other than Individuals-

a) `5 Cr b) `10 Cr c) `15 Cr d) `20 Cr e. `50 Cr

119. The minimum Credit Rating required for availing ‗SME Short Term Loan‘ and ‗SME

Gold Card Scheme‘ is –

a. BOB-2 b. BOB-3 c. BOB-4 d. BOB-5 e. BOB-6

120.What is the period of repayment allowed under ‗SME Short Term Loan‘?

a. 45-90 days b. 90-120 days c. 90—180 days d. 90 days-12 months

e. none of these

121. Normally, book debts recoverable within _____are considered for the

Calculation of ‗Drawing Power‘ in working capital limits.

a) 60 days b) 90 days c) 120 days d) 180 days e) 270 days

122. What is the minimum and maximum limit that can be sanctioned under ―Baroda

Professionals‖ under MSME?

a. `5 lacs & `2 Cr b. `10 lacs & `5 Cr c. `2 lacs & `25 lacs

d. `10 lacs & `2 Cr e. none

123. What is the method of assessment of Working Capital limits for SME Units

classified under non-regulatory definition?

a. 1st method of lending

b. 2nd method of lending

c. Nayak Committee (20% of the accepted projected turnover)

d. (a) or (c) whichever is higher

e. Cash Budgeting method

33

124. What is the criteria adopted for assessment of Working Capital for SME Units

as per our Loan Policy?

a. Quantum of limit requested

b. Unit is manufacturing or service sector

c. Unit classification is Regulatory or Non-Regulatory

d. On the basis of projected turnover

e. On the basis of Project Cost

125. What is the maximum limit that can be sanctioned under ―Baroda Laghu

Udhyami Credit Card‖ (LUCC)?

a) `1 lac b) `2 lacs c) `5 lacs d) `10 lacs e) `25 lacs

126. As per revised guidelines, commitment charges are to be levied in case of non/

under utilization of both FB & NFB working capital limits of ______ & above.


127. Which of the following is not considered to be a non fund based facility?

a) Performance Bank Guarantee

b) Letter of Credit (D/P)

c) Deferred Payment Guarantee

d) Financial Bank Guarantee

e) Bills discounted

34

KEY

1 2 3 4 5 6 7 8 9 10

b c b a a c a a e e

11 12 13 14 15 16 17 18 19 20

a c c d b d b c a b

21 22 23 24 25 26 27 28 29 30

e b c d e c c a d e

31 32 33 34 35 36 37 38 39 40

c e e b b d d d c c

41 42 43 44 45 46 47 48 49 50

c b c e c b e e d c

51 52 53 54 55 56 57 58 59 60

a c d e b c c a d d

61 62 63 64 65 66 67 68 69 70

b e c d e e c e e b

71 72 73 74 75 76 77 78 79 80

e c d e c e a d b b

81 82 83 84 85 86 87 88 89 90

b a d c b c d d d e

91 92 93 94 95 96 97 98 99 100

b b d a a b d b b c

101 102 103 104 105 106 107 108 109 110

d e d c d a a d d b

111 112 113 114 115 116 117 118 119 120

b d d b e e e d d d

121 122 123 124 125 126 127

b b b c d a e

35

Others-

1. Which of the following committees has recently submitted its report recommending

privatisation of public sector banks?

a. P J Nayak Committee

b. S H Khan Committee

c. Damodaran Committee

d. Arvind Mayaram Committee

e. M B Shah Committee

2.What is the maximum loan limit under ―Baroda Vehicle Loan for Young Officers‖?

a. `5.00 lacs b. `4.50 lacs c. `3.50 lacs d. `7.00 lacs e. `6.00 lacs

3. What is the maximum loan limit under ―Baroda Two Wheeler Loan for Young

Clerical Staff‖?

a. `50,000 b. `40,000 c. `60,000/- d. `90,000 e. `1.00 lac

4.What is the Rate of Interest chargeable on Advance against third party FDRs?

a. 1.50% over Deposit Rate or Base Rate + 1.00% whichever is higher

b. 1.25% over Deposit Rate or Base Rate + 3.50% whichever is higher

c. 1% over Deposit Rate or Base Rate + 0.25% whichever is higher

d. 1.50% over Deposit Rate or Base Rate + 0.50% whichever is higher

e. 1% over Deposit Rate or Base Rate + 0.50% whichever is higher

5. As per Compliance Policy of our Bank, the compliance testing at Regional level

should be organized in such a way that compliance is tested at branches on

_______ basis.

a.monthly b. quarterly c. half yearly d. yearly e. none

6. What is the limit for booking of forward contracts by Resident individuals, firms

and companies on the basis of a simple declaration?

a.$50,000 b. $75,000 c. $1,00,000 d. $2,00,000 e. $2,50,000

7. In a LC transaction, Beneficiary is:

(a) The Exporter/Seller (b) The Importer/Buyer (c) The Exporter‘s/Seller‘s Bank

(d) The Importer‘s/Buyer‘s Bank (e) Negotiating Bank

36

8. In a LC Transaction, Applicant is:

(a)The Exporter/Seller (b)The Importer/Buyer (c) The Exporter‘s/Seller‘s Bank

(d) The Importer‘s/Buyer‘s Bank (e) Issuing Bank

9. SWIFT stands for

(a)Software for International Financial Transactions

(b)Society for Worldwide Inter Bank Financial Telecommunication

(c) Software for Wireless International Financial Transactions

(d) Society for Worldwide Inter Bank Financial Transactions

10. ―Incoterms‖ are defined by:

(a)World Bank Organisation (b) International Chamber of Commerce

(c)Director General of Foreign Trade (d) Foreign Exch Dealers Association of India

(e) SWIFT Cell

11. The document NOT usually required by the bank in an LC transaction is:

(a) Transport document such as a Bill of Lading or Airway Bill

(b) Insurance Document (c) Inspection Document (d) Balance Sheet

12. In an LC transaction, Which bank(s) is/are likely to be present in the beneficiary

country. (i)Advising Bank (ii) Negotiating Bank (iii) Issuing Bank

a)Only (i) (b) (i) and (ii) (c) (i) and (iii) (d) All of these

13.If an LC has neither ‗Revocable‘ nor ‗Irrevocable‘ marked on it, the LC would be

assumed to be:

(a) Revocable (b) Irrevocable (c) Either of these two

(d) Depends upon the commercial Invoice (e) as decided by the beneficiary

14. A confirmed letter of credit gives more assurance to:

a)Applicant b) Beneficiary c) Both d) Advising Bank e) Issuing Bank

15. Conceptually, the Stand by letter of credit is most similar to:

(a) Unconfirmed Letter of Credit (b) Revocable Letter of Credit

(c) Bank Guarantee (d) Letter of Intent

37

16. In a free market scenario and all other factors remaining the same, booming

exports from India would result in:

(a) Appreciation of INR b) Depreciation of INR c) Appreciation of USD

(d)Can‘t say

17. The simultaneous buying and selling of FOREX positions to square off exposed

position is known as:

(a) Forward Deal (b) Inter Bank Deal (c) Swap Deal (d) open market deal

18. This is an obligatory contract to deliver or receive certain quantity of foreign

currency at a specified rate and on a stipulated date. What are we talking about:

(a) Bid Contract (b)Ask Contract (c)Forward Contract (d)Put Option

(e) Buy Option

19. The rate quoted by the banks for buying and selling foreign currency amongst each

other is known as:

(a) Spot Rate (b)Inter Bank Rate (c) TT Rate (d) Currency Rate

(e) Swap rate

20. If one is buying with rupees a currency X which is not normally traded against

rupees, one can arrive at a rupee-exchange Rate by relating the rupee-$ rate to

the $-X rate. This is known as:

(a) Multiple Rate (b)Currency Rate (c)Cross Rate (d) Inter Bank Rate

(e)Swap rate

21. In case of Crystallization of Overdue Export Bills, conversion into Indian Currency

is done using the:

(a) Prevailing TT selling Rate ruling on the day of crystallization

(b) The Original Bill Buying Rate (c) Whichever of the above 2 is lower

(d)Whichever of the above 2 is higher

22. An agreement to buy or sell currency at the current exchange Rate is known as:

(a) Option (b) Spot Transaction (c) Hedging d) Forward Transaction

(e)exchange rate

38

23. Crystallization of Overdue Export Bills is done on _____ day after the expiry of

the Normal Transit Period/Notional Due Date:

(a) 30th (b) 21st (c) 60th (d) 7th (e) 15th

24. In a Bill of Lading, the ‗shipper‘ is

(a) The Exporter (b) The shipping Company (c) The shipping Company‘s Agent

(d) Seller‘s Bank (e) Confirming Bank

25. In a Bill of Lading, the ‗consignee‘ is:

(a) The Exporter (b) The person entitled to take delivery

(c) The shipping company (d) Buyer‘s Bank (e) none of these

26. Pre-shipment finance is credit granted to the exporters to:

(a) Procure Raw material (b) Provide a secure warehouse for goods

(c) packing of goods (d) Ship the goods to the buyer (e) All the above

27. Which of the following is not true for a Bill of Lading:

(a) It is a document of Title (b) It is issued by the shipping company

(c) It is a valid evidence for possible insurance claim

(d) It must contain the value of the goods

28. What is the present limit under Liberalised Remittance Scheme (LRS) for resident

individuals for any permitted current/capital account transaction?

a. $50,000 b. $75,000 c. $100,000 d. $200,000 e. $250,000

29. What is the maximum limit of Indian currency that a resident individual can hold

while visiting abroad and at the time of return?

a.`5,000/- b. `7,500/- c. `10,000/- d. `25,000/- e. `50,000

30. Baroda Health Insurance Policy is available to

a) Bank of Baroda Account Holder only

b) Account Holder of any Bank c) To all, whether maintain account with any bank or not d) Only to Bank employees

31. Maximum sum assured under Baroda Health Insurance Policy is ____

a) `5 lacs b) `10 lacs c) `1 lac d) `3 lacs e) any amount

39

32.The Baroda Health Insurance Policy is issued for a period of ____

a) 12 months b) 36 months c) 60 months d) 120 months e) Whole life

33.Benefits for pre existing diseases are available under the Baroda Health Insurance

Policy after _________ of continuous coverage.

a) 24 months b) 36 months c) 48 months d) 60 months

e)Not covered at all

34.A demat account can be opened in Joint name with maximum

a) 5 holders b) 3 holders c)2 holders d)No Limit

35. Turn over commission for tax collection in physical receipt is `____ and through

e-mode is `____ per transaction

a)50, 12 b) 45, 15 c) 45 for both d) 50 for both e) none

36. Turn over commission for pension payment per transaction is `____

a) 60/- b) 50/- c) 65/- d) 55/- e) none

37. The PPF account once opened will be continued at least for ___ years, and can be

extended further for _____ years each time.

a)10, 10 b) 10, 5 c) 15, 5 d) 15, 10 e) max 15 years

38. What is the maximum ceiling of interest income for an individual (not a senior

citizen) to claim TDS exemption by submitting 15(G)?

a.`25,000/- b. `50,000/- c. `1,00,000/- d. `2,00,000/- e. `2,50,000

39. Under PMLA, 2002 who is the ―Principal Officer‖?

a. Bank appointed Senior Executive

b. RBI appointed Senior Executive

c. GOI appointed Senior Executive

d. Financial Intelligence Unit (FIU) – India appointed official

e. Chairman/ED of a Bank

40. If a customer with low risk category is unable to submit the KYC documents due to

genuine reasons, may be submitted within a period of _____ from the date of

opening account.

a.2 months b. 3 months c. 6 months d. 9 months e. 12 months

40

41. What is the maximum ceiling for remittance by using NEFT?

a. No maximum limit b. `50 lacs c. `50 Cr d. `100 Cr e. none

42. Upon processing the RTGS/NEFT transaction, the system shall generate __ digit

number known as UTR.

a) 8 b) 10 c) 11 d) 16 e) 14

43. Our Bank do not have tie-up with the following MF Company for the distribution of

their products in our Bank –

a)Sundaram BNP Paribas b)Kotak Mahindra MF c) IDFC MF

d)ICICI Prudential e)UTI MF

44. If the cheque is crossed with a word ‗Not Negotiable‘ means-

a)The collecting bank should confirm about the genuineness of holder before

collection of his cheque.

b)This crossing restrict further negotiation

c) Collecting bank will not have any protection under section 131 of N.I. Act.

d) A transferee can not get better title than that of a transferor and he can not

transfer better title than he possess

45. Which of the following is ‗payment in due course‘?

a) crossed cheque paid over counter b) cheque with forged signature of the

bearer c) Bearer cheque with forged endorsement d) cheque paid after

receipt of garnishee order e) none

46. Which of the following is not a ―material alteration‖?

a)Converting order into bearer b) Converting Special crossing to general crossing

c) Changing the date d) Crossing the cheque e) none of these

47. Which of the following is NOT correct in Consumer Protection Act?

a. The Act covers all goods & services including banking

b. Any consumer can file complaint within 2 years from the date of cause of action

c. A person availing services for commercial purpose also covered under the Act

d. Authority for District Forum is a complaint up to `20 lacs.

e. all above are correct

41

48. In case of SARFAESI Act, Bank can file the reply of objection raised by borrower

against the notice within ____ days.

a)7 days b)10 days c)15days d)20days e)30 days

49. Under Banking Ombudsman Scheme, any dispute between banks or bank and its

constituents may be referred to for arbitration provided disputed amount does

not exceed –

a)`5.00 lacs b) `10.00 lacs c) `20.00 lacs d) `25.00 lacs e) none

50. What is ―Jeevan Pramaan‖, a recent launch by GOI for the benefit of pensioners?

a. An insurance scheme

b. A medical allowance

c. Digital life certificate

d. An undertaking for non-marriage

e. Special allowance for >70 years old

51. For handling the PPF business, the branch is entitled to receive a turnover

commission @ ____ per transaction of Receipt and @ ____ per 100/- calculated

on Payment amount.

a. `40/- & `5.00

b. `45/- & `5.50

c. `50/- & `5.00

d. `50/- & `5.50

e. `60/- & `5.00

52. Filing of FIR is mandatory for cases of detection of counterfeit note of ___ or

more pieces in the branches/chests, in a single transaction.

a. 3 b. 4 c. 5 d. 6 e. 7

53. Foreign students have been allowed a time of _____ for furnishing the proof of

local address

a. 1 month b. 2 months c. 3 months d. 6 months e. 12 months

54. As per revised guidelines, commitment charges are to be levied in case of non/

under utilization of both FB & NFB working capital limits of ______ & above.


42

KEY 1 2 3 4 5 6 7 8 9 10

a c c c c e a b b b

11 12 13 14 15 16 17 18 19 20

d b b b c a c c b c

21 22 23 24 25 26 27 28 29 30

a b a a b e d e d a

31 32 33 34 35 36 37 38 39 40

a a b b a c c e a c

41 42 43 44 45 46 47 48 49 50

c d d d c d c c b c

51 52 53 54

d c a a

43

Banking Technology e-business:

1. Per day ATM transaction limit for Rupay EMV Chip Debit card?

a) `25,000 b) `50,000 c) `1,00,000 d) `2,00,000 e) none

2. Per day ATM transaction limit for Visa EMV Chip Debit card?

a) `25,000 b) `50,000 c) `1,00,000 d) `2,00,000 e) none

3. Per day ATM transaction limit for Mastercard Gold ____

a) `25,000 b) `50,000 c) `75,000 d) `1,00,000 e) none

4. Per day transaction limit at POS for Visa EMV Chip Debit card is ___

a) `50,000 b) `1,00,000 c) `1,50,000 d) `2,00,000 e) none

5. Per day transaction limit at POS for Mastercard Gold is ___

a) `25,000 b) `50,000 c) `75,000 d) `1,00,000/- e) none

6. RuPay Card was launched by ____

a) IDRBT b) RBI c) NPCI d) IBA e) VISA

7. No. of ATM transactions allowed per day in Rupay/Visa Platinum EMV Chip Debit

Card is ___

a) 4 b) 5 c) 8 d) 10 e) 12

8. Mobile OTP Application (M-OTP), a recent initiative by our Bank is an enhanced

security feature of ______

a. M-Connect b. Baroda Connect c. Mobile Snippets

d. M-passbook e. all the above applications

9. No. of ATM transactions allowed per day in Mastercard Gold is ___

a) 4 b) 5 c) 8 d) 10 e) 12

44

10. Which of the following account holder is eligible for M-Connect facility?

a. Current account in the name of firm (single)

b. Nagrik Bachat Khata

c. NRE account (single)

d. Minor SB account (>14 years of age)

e. All are eligible

11. SB accounts opened under Financial Inclusion scheme for minors above the age of

__ with operational instructions as ‗self‘ can be issued a RuPay PMJDY Debit card

a. 10 years b. 12 years c. 14 years d. 15 years e. 18 years

12. The amount of penalty payable to customers for non-reimbursement of failed ATM

transaction amount within seven working days is ____.

a) `20/- per day

b) `50/- per day

c) `100/- per day

d) `100 per day from 8th working day of receiving complaint

e) Equivalent to transaction amount

13. Visa Platinum EMV Chip Debit Card issued to a customer can be activated ___

a) Only at our ATM b) at any POS c) at any NFS member ATM

d) Only at ATMs with VISA logo e) none of these

14. What is the per day/per transaction limit of fund transfer under NUUP platform

by dialing *99# ?

a.`3,000/- b. `5,000/- c. `10,000/- d. `15,000/- e. `25,000/-

15. Our E-Business Department has been renamed as –

a. Transaction Banking Department b. Electronic Banking Department

c. Net Banking Department d. Electronic Transaction Department

e. no such change

16. Which of the following transaction options is not available under NUUP platform?

a. Balance enquiry b. mini statement c. mobile recharge

d. Request MMID e. IMPS Fund transfer

45

17. What is the minimum amount per transaction under NUUP platform by dialing *99#

a.`10/- b. `50/- c. `100/- d. `500/- e. `1,000/-

18. Which of the following type of account is NOT exempted from recovery of service

charges for our Debit cards?

a. Staff/ex-staff

b. Senior Citizens

c. Pensioners

d. Current Account

e. No frill/Basic SB account

19.What is the per transaction limit for IMPS P2M transaction for our M-Connect

Users?

a. `10,000/- b. `5,000/- c. `20,000/- d. `25,000/- e. `50,000/-

20.What is the per day limit for IMPS P2M transaction for our M-Connect Users?

a.`10,000/- b. `5,000/- c. `20,000/- d. `25,000/- e. `50,000/-

21. IMPS stands for

a) Immediate Payment Service

b) Interbank Mobile Payment System

c) Indian Money Payment System

d) Internet banking Money Payment Service

22. What is the per day transaction limit for Mobile Banking in our Bank?

a) `25,000 b) `40,000 c)`50,000 d) `1,00,000 e) none of these

23.How much minimum amount can be loaded in Baroda Gift Card?

a) `50 b) `100 c) `500 d) `1000 e) none

24.Above the minimum amount, further amount that can be loaded to Baroda Gift Card

in multiples of __

a) `1 b) `10 c) `50 d) `100 e) `500

25.Baroda Travel Easy Card is available in which of the following currencies?

a. USD b. EURO c. GBP d. (a) & (c) Only e. all a, b & c

46

26.What is minimum load value for the Travel Easy Card?

a. USD200, GBP150, EURO150 b. USD200, GBP200, EURO200

c. USD100, GBP100, EURO100 d. USD500, GBP200, EURO200

e. as requested by the customer

27. Baroda Gift Card can be used for transactions at ___

a) POS only b) POS & Online purchases c) POS & BoB ATM d) Any ATM

e) POS & Online purchases & Bob ATM

28. In MoneyGram maximum amount per transaction permissible is equivalent Rupees

of____ per day for a single remittance.

a) $1000 b) $1500 c) $2000 d) $2500 e) $3000

29. Through Xpressmoney any single beneficiary can receive __ transactions in a

Calendar year.

a) 6 b) 10 c) 12 d) 15 e) no such ceiling

30. National Financial Switch is presently handled by ___

a) RBI b) IDRBT c) NPCI d) IBA e) RTGS

31. Baroda Contact Centers are located at ___

a) Delhi & Mumbai b) Mumbai & Baroda c) Baroda & Lucknow d) Baroda & Delhi

e) Hyderabad & Baroda

32. Toll free numbers of Baroda Contact Centers are ___

a) 1800 220 400 & 1800 102 44 55 b) 1800 22 33 44 & 1800 102 44 55

c) 1800 102 44 55 & 1800 102 56 27 d) 1800 22 33 44 & 1800 102 56 27

33. What are the timings for Contact Centre services through IVR ie, without the help

of agent?

a. 6 a.m to 8 p.m

b. 6 a.m to 10 p.m

c. 8 a.m to 8 p.m

d. 8 a.m to 10 p.m

e. Round the clock

47

34. BarodaRemitXpress is an online International Money Transfer Service available

From which of the following countries?

a) USA b) UK c) Euro Zone d) All the above

35. What are the timings for Contact Centre services through agents and web-chat?

a. 6 a.m to 8 p.m

b. 6 a.m to 10 p.m

c. 8 a.m to 8 p.m

d. 8 a.m to 10 p.m

e. Round the clock

36. Which of the following modes does not allow a customer for Aadhar number

seeding in his/her account?

a) M-Connect b) SMS c) Baroda Connect d) ATM e) Contact Centre

37. Upon processing the transaction of Xpressmoney, the system which shall generate

__ digit numeric numbers known as XPIN.

a) 8 b) 10 c) 12 d) 14 e) 16

38. Baroda e-Gateway processes _____ transactions.

a) Internet Banking transactions b) Mobile Banking transactions

c) Visa & Master Card transactions d) All e-banking transactions

e) Baroda Cash Management Services (BCMS)

39. Baroda Cash Management System has ___ fund management modules.

a) 2 b) 3 c) 4 d) 5 e) 6

40. ASBA facility is to facilitate the customer to –

a) Tax payment online b) School fee payment c) Investment in Company Shares

d) A facility to Corporate customers for fund management e) none of these

41. What is the minimum period that can be opted for investment in FDR through our

Baroda Connect (Internet Banking) facility?

a) 7 days b) 15 days c) 46 days d) 181 days e) 12 months

48

42. What are the services available for a customer under ―Baroda SMS Banking‖

facility by sending an SMS to 5616150 –

a. Balance Enquiry b. Mini Statement c. Cheque Status

d. All the three (a), (b) & (c) e. only (a) & (b)

43. Which one of the following is not a fund management module under BCMS –

a. Collection b. Payment c. Liquidity Management

d. Financial management e. (a) & (b)

44. Which of the following transactions in a Cash Credit Account gives an SMS alert?

a. cheque return transactions (inward & outward) irrespective of amount

b. debit/credit transactions for `1.00 lac and above

c. debit/credit transaction for `50,000/- and above

d. (a) and (b) only

e. (a) and (c) only

45. What are the currencies that are involved in Baroda RemitXpress?

a. USD b. GBP c. EURO d. only (a) & (b) e. All (a), (b) & (c)

46.What is the maximum & minimum amount that can be remitted through Baroda

RemitXpress?

a. Minimum 50 and Maximum 5000 USD/GBP/EURO

b. Minimum 50 and Maximum 2500 USD/GBP/EURO

c. Minimum 100 and Maximum 2500 USD/GBP/EURO

d. Minimum 100 and Maximum 5000 USD/GBP/EURO

e. Any amount as per customer‘s request subject to FEMA guidelines

47. What type of Banking services made easy with the help of ‗Unstructured

Supplementary Services Data‘ (USSD)?

a.E-Gateway b.Mobile Banking c.Net Banking d. All ADCs e. None

48. Which is real time and session oriented platform for Mobile Banking transactions?

a. RTGS b. NUUP c. Baroda E-gateway d. NEFT e. NPCI

49. NUUP provides certain basic banking services, which does not include –

a. Account balance enquiry b. Mini Statement c. IMPS fund transfer

d. mPin change e. cheque payment status

49

50. What is the per transaction & per day limit for third party fund transfer for a

Retail User in our Baroda Connect?

a.`2.00/`4.00 lacs b. `2.00/`5.00 lacs c. `3.00/`5.00 lacs

d.`1.00/`3.00 lacs e. `4.00/`4.00 lacs

51. What is the maximum amount that can be remitted through NEFT/RTGS per

transaction through Baroda Connect by a Retail User?

a) `1.00 lac b) `2.00 lacs c) `3.00 lacs d. `4.00 lacs e. `5.00 lacs

52. Which of the following facilities is not presently available in our Baroda Connect?

a. investment in FDR

b. investment in shares through ASBA

c. IMPS fund transfer through NEFT instantly

d. instant third party fund transfer after registration

e. opening of RD account

53. What is the minimum & maximum amount ceiling per transaction in our bank for

‗fund transfer‘ under Aadhar Enabled Payment System (AEPS)?

a. `100/- & `5,000/-

b. `100/- & `10,000/-

c. `10/- & `5,000/-

d. `10/- & `10,000/-

e. `10/- & `49,000/-

54. Which is not true with respect to our Cash Deposit Machine/Bunch Note Acceptor

(BNA) –

a. Denominations acceptable are `100, `500 & `1000

b. Available only to customers of our Bank

c. Debit card is mandatory to deposit the cash

d. Other services at BNA are Balance Inquiry, PIN change and Mini Statement

for our Bank‘s/other Bank‘s Debit card holders

e. Maximum limit of cash deposit per day is `2.00 lacs (except C/C account)

55.What is the per transaction/per day limit without debit card in our Cash Deposit

Machine?

a. `10,000/- b. `15,000/- c. `20,000/- d. `30,000/- e. `49,900/-

50

56. What beneficiary details are sufficient for a customer to affect an IMPS

remittance through M-Connect (Person to Person)?

(1) Mobile number (2) MMID (3) Account Number (4) IFSC

a. only (3) & (4)

b. only (1) & (2)

c. (1), (3) & (4)

d. only (3) & (4)

e. all (1) (2) (3 & (4)

57. What is the per transaction limit for NEFT transaction through our ATM for BOB

Customer?

a. `10,000 b. `15,000 c. `25,000 d. `50,000 e. `1,00,000

58. In Baroda connect, how many beneficiaries can be registered in one day?

a. 5 b. 3 c. 2 d. 1 e. any number

59. What is the maximum amount ceiling per transaction in our bank for ‗cash

withdrawal & cash deposit‘ under Aadhar Enabled Payment System (AEPS)?

a. `5,000/- & `50,000/-

b. `10,000/- & `50,000/-

c. `5,000/- & `49,000/-

d. `10,000/- & `49,000/-

e. `10,000/- & `49,900/-

60. PAM is one of the security Measures used in online banking where the user can

confirm the authenticity of the website. What is PAM stands for?

a. Personal Acceptance message b. Personal Assurance Message

c.Permanent Acceptance Message d. Personal Assurance Media

e.Personal Acceptance media

51

CBS-Finacle & General IT

1. Whether branches can entertain the claims from customers for short interest

payment after closure of their FDR/SDR a/cs in Finacle? If yes, how?

a. Data Centre relaxes the parameters on specific request

b. no such request can be entertained and the concerned staff will be

accountable

c. Branches to give suitable explanation for the mistake to their respective RO

on verifying which RO will take up with DC to relax the parameters

d. TWO separate Heads were opened in Finacle for FDR/SDR manual interest

payment, which should be used after proper authority from RO

e. None of these

2. What are the guidelines to be followed by the branches in case of a claim from

the customers for short interest payment after closure of their FDR/SDR a/cs

in Finacle?

a. To take permission from RO for the claims above `5,000/-

b. Branch Head will permit for the claims below `5,000/-

c. After passing the entries in the newly introduced manual interest payment

heads, branches to generate a report and to submit to RO alongwith a

certificate

d. All the above

e. None of the above

3. Menu Option for attachment of Stock/Book debts in a CC account –

a.ACLM b.HCLM c.SBIC d.HACLHM e. none

4. Menu Option for Loan Overdue position enquiry -

a.CLSLAA b.HLAUPAY c.HLAOPI d.HACLHM e. none

5. How to generate Intersol Transaction Report?

a.ISTR b.INSR c.SITR d.INTRP e. none

6. How to generate Loan Repayment Schedule?

a.LRPT b.LARSH c.HLARPT d.LPRST e. none

52

7. How to generate Loan Overdue Letter?

a.LAODR b.LODLR c.LAODL d.LAODUL e. none

8. How to generate TDS Report?

a.TDSRPT b.TDSREP c.TDRPT D.TDSRT e.TDSDRPT

9. What is the menu for Interest table code inquiry?

a.ITCI b.INTCIQ c.INTCI d.INTTINQ e.none

10. For sending customer request for Baroda Connect/Debit Card/Mobile Banking

what is the common menu introduced in CBS?

a.HUPM b.HDCR c.HTMREQ d.REGPW e.no common menu

11. What is the menu for Limit Node inquiry?

a.LNI b.LTNDINQ c.LTNI d.LTNINQ e.none

12. How to make inquiry in Finacle ‗On TOD granted‘?

a.TODSN b.HTODCS c.HTODSAN d.TODSAN e.HTODSCTD

13. What is the menu available for Loan general inquiry?

a.HLAGI b.HLGINQ c.HLAINQ d.HLAGIN e.HLGINQ

14. How to get a report of customers without Debit Card & Baroda Connect?

a.CSWDBBC b.CWBDF c.CSWBDF d.CSWDBC e.none

15. IN 16 digit UTR No. which of the following is false?

a. First four digits represent bank code

b. 5th digit represent message code

c. 6th n 7th digit represent year

d. 8th to 10th represent Julian date

e. Last five digits are running numbers

53

16. Where to generate KYC Compliance Report in Finacle (BOBMENU-Misc Down

loads)?

a.In the Operations Server with any user ID & PW of the branch

b.In the Reports Server with any user ID & PW of the branch

c. In the Reports Server with EOD ID & Pass Word

d. In the Reports Server with BH ID & PW

e. none of these

17. How to generate overdues/CADU amount in various Loan accounts?

a.LAODRT b.LAODRPT c.ODCADURPT d.ODCADURT e. none

18. Which of the following Act gives legal recognition to a digital signature:

a) Negotiable Instruments Act b) Income Tax Act c) Indian Evidence Act

d) Information Technology Act e) Indian Contract Act

19. Under CTS, after the capture of the image, the physical cheque would be –

a) warehoused with the presenting Bank

b) warehoused with the collecting Bank

c) returned to the customer

d) warehoused with the Clearing House

e) warehoused with RBI

20. Information Technology Act was introduced in the year __

a) 1996 b) 2000 c) 2004 d) 2002 e)2001

21. NetCast is a utility for –

a) Net Banking transactions b) E-gateway module

c) Centralised generation of CBS Reports d) only (a) & (b) e) none

22.What is the newly introduced menu option under Finacle for verification of existing

customer IDs before creating a new one, thereby to prevent generation of

duplicate customer IDs –

a. CUSTID b. FINDCUST c. UCIC d. FINCUSTID e. FINDCUSTID

54

23.Which one of the following is not a basis under which the existing customer will be

searched in Finacle through FINDCUST option?

a. PAN b. Date of Birth c. Pass Port number d. Voter ID number

e Mobile number

24.RMENU option has been recently introduced for lodging request for relaxation of

certain parameters at the branch level. This of the following is permitted at

present out of the following –

(i) INTTM – A/c preferential interest credit (FDRs)

(ii) INTTM – Start date relaxation (changing ROI in loan/OD/CC prior to -6-

months)

(iii) Back value dated TM (credit or debit)

a. Only (i) b. Only (ii) c. (i) & (ii) only d. all (i) (ii) & (iii) e. (ii) & (iii) only

25.A very important guideline while passing an inter-sol transaction is to obtain

confirmation from base branch in case of high value transactions ie, Cheque for

_____ and above

a. `50,000/- b. `1.00 lac c. `2.00 lacs d. `5.00 lacs e. none of these

26.Branches are supposed to scan through all new accounts opened as preventive

measure. Which menu option can be used to generate a report contains all new

accounts opened

a.NEWACRPT b. NEWACTR c. GRNEWAC d. NEWACINQ e.NEWACRP

27. The menu option used in CBS for linking of Account number with Aadhaar number

a.ANLKAC b. APBSLN c. ACLNPR d. HRACLN e. HACLNK

28. Which menu option is used at branch for registration of Mobile banking -

a. HMBRR b. MOBUPLD c. MOBREGST d. MDCR e. HDCR

29. How to generate TDS Report including TDS deducted in NRO accounts and also

closed accounts?

a.TDSRPT b.TDSREP c.TDSIP D.TDSRT e.TDSDRPT

55

30.Confirmation from base branch to be obtained in case of high value transactions ie,

cheque for _______ and above.

a. `1 lac b. `2 lacs c. `3 lacs d. `4 lacs e. `5 lacs

31.What is the objective of ‗DEAF Scheme 2014‘?

a. It is related to Debt Relief in Rural branches

b. It is related to KYC Compliance in the deposit accounts

c. It is related to operational guidelines for unclaimed deposits

d. It is a special scheme announced for the physically challenged

e. Special scheme by DICGC protecting the depositors‘ interest

32. What is the menu option for opening of new accounts in Finacle which will

prompt the user to search whether the proposed customer is already having any

customer ID?

a. OPENACCT b. FINDCUST c. HOPNACCT d. MERGCUST

e. HOACCT

33. What is ―HDORSEL‖ menu option recently introduced in Finacle?

a. List of Dormant accounts

b. List of Inoperative accounts

c. List of SB accounts opened under Salary Advantage account but remained in

Dormant stage

d. List of unclaimed SB & CA deposits for a period of 10 years

e. List of unclaimed SB deposits for a period of 10 years

34. MMID is a ___digit number

a)5 b) 6 c) 7 d) 10 e) 16

56

KEY E-business

1 2 3 4 5 6 7 8 9 10

c c b d d c d b b a

11 12 13 14 15 16 17 18 19 20

a d c b a c a d d E

21 22 23 24 25 26 27 28 29 30

a c c a e a b d c c

31 32 33 34 35 36 37 38 39 40

c b e d b a e c b c

41 42 43 44 45 46 47 48 49 50

e d d d e a b b e a

51 52 53 54 55 56 57 58 59 60

e d b c c b d c d b

CBS-Finacle & General IT

1 2 3 4 5 6 7

d d b c a b a

8 9 10 11 12 13 14

b a b a b a b

15 16 17 18 19 20 21

e c b d a b c

22 23 24 25 26 27 28

b d c c b b e

29 30 31 32 33 34

c b c c d c

57

Rural Banking

1. As a prudential measure by RBI, it has been decided to prescribe a Loan to Value

(LTV) ratio of not exceeding __ for banks‘ lending against gold jewellery/ ornaments.

a. 65% b. 70% c. 75% d. 80% e. none

2. In Agri Clinic & Agri Business the Margin requirements up to credit limit of `5 lacs

are a) 10% b) 15% c) 25% d) No Margin Required.

3.Outer ceiling for a project to be financed to a group & an individual under Agri-

Clinic & Agribusiness are

a) `25 lac, `5 lac b) `100 lac, `20 lac c) `50 lac, `10 lac d)`200 lac, `25 lac

4. Joint Liability Group is related to

a) Top corporate customers b) High worth Individuals c) A group of 4 to 10

farmers with very small means d) None of the above

5. To promote financial inclusion Bank has taken which of the following steps

a) No Frill account- Basic SB Account

b) Baroda Kisan Group Loan- Joint Liability Group

c) Baroda General Credit Card

d) All above

6.In case of Self Help Group the maximum CCL can be sanctioned (by a MMGS-III

officer) up to

a) 4 times of Corpus Fund maximum up to Rs 3 lac

b) Double the corpus fund

c) 10 times of corpus fund maximum up to Rs 5 lac

d) No linkage with the corpus fund

58

7.What is the percentage of target for loans to weaker sections in our Priority Sector

guidelines?

a)10% of ANBC (b) 20% of ANBC (c) 10% of PS total target (d) 10% of total

advances (e) none

8.Before sanction of loan a SHG is graded on 10 parameters. The SHG having minimum-

--------% marks will be eligible for finance.

a) 40% b)50% c) 60% d) 65% e) No such criteria

9. In BKCC three loyalty benefits are extended to farmers having more than 3/5

years association & satisfactory conduct of account

a) 0.25 / 0.5% Concession in rate of interest

b) 25% / 35% of Crop Production Limit Max 50000 as Family Maintenance

c) Silver or gold card depending upon the satisfactory track record of more than

3/5years of association

d) All above

10. Under New BKCC the farmers can be granted minimum loan of

a) `25000 b) `1000 c) `10000 d) `5000 e) `3000

11. Under New BKCC the farmers are eligible for maximum loan of

a) `10lac b) `25 lac c) `100 lac d) `50 lacs

e)No Ceiling (But as per DLP of sanctioning authority)

12. What is the maximum ceiling under ―Baroda Kisan Tatkal Loan Scheme‖?

a)`25,000/- b) `50,000/- c) `75,000/- d) `1,00,000/- e) `1,50,000/-

13. In new BKCC under Investment Line of Credit the farmer can be granted personal

loan up to a limit of

a) `1 lac b) `2 lac c) `0.50 lac d) No personal loan can be granted e) none

59

14.What is the validity period of new BKCC?

a) 1 year b) 3 years c) 5 years d) 7years e) no such duration

15. Under new BKCC the maximum amount of Loan under Investment line of Credit

should not exceed ______

a) 60% value of land & 100% value of other liquid securities

b) 75% value of land & 100 % value of other liquid securities

c) 100% value of land & other liquid securities

d) Maximum 10 lac -Not linked to securities

16.In case of DRI advance the income criteria for eligibility is

a) Rural & Semi Urban `6400, Urban `7200

b) Rural `18000, Semi Urban/Urban `24000

c) `18000 in all areas

d) `24000 irrespective of area

e) none

17. In case of new tractor loan sanctioned to a farmer the minimum & maximum

repayment period as stipulated in the scheme is

a)5 yrs & 7 yrs b)6 yrs & 9 yrs c)3 yrs & 10 yrs d)4 yrs & 8 yrs

18. Export Credit is a separate category under Priority Sector, if –

a. Export Credit is extended upto a limit of Rs.20 lacs

b. Export Credit extended by all the foreign banks operated in India

c. Export Credit extended by foreign banks with less than 20 branches

d. Export Credit is not a separate category under PS

60

19. Which of the following is classified as an Indirect Agriculture?

a. Loans to Agri-clinic and Agribusiness Centres

b. Loans for bee-keeping and sericulture

c. Tractor Loan

d. Sheep rearing

e. Dairy

20. What is the Insurance Coverage for natural death of a member of SHG under

Janashree Bima Yojana?

a. `10,000 b. `20,000 c. `30,000 d. `50,000 e. `1.00 lac

21. What is the PS lending target for Foreign Banks working in India?

a. 32% of ANBC for the banks having more than 20 branches

b. 32% of ANBC for the banks having less than 20 branches

c. At par with domestic banks irrespective of number of branches

d. No such targets stipulated for foreign banks in India

22. What is the initial OD limit given in No Frill SB a/c in the branches identified for

Financial Inclusion?

a. `500/- b. `250/- c. `1000/- d. `200/- e. `5000

23. What is the housing loan limit by Hsg Projects per dwelling unit to economically

weaker sections to be classified as PS?

a. `10 lacs b. `15 lacs c. `20 lacs d. `25 lacs

24.Present limit of loans to farmers against pledge/hypothecation of agriculture

produce (including warehouse receipts) for a period up to 12 months –

a. `5 lacs b. `10 lacs c. `25 lacs d. `50 lacs e. none

25.Present limit of loans to dealers/sellers of fertilizers, pesticides, seeds, cattle/

poultry feed & agriculture inputs –

a. `50 lacs b. `1.00 Cr c. `5.00 Cr d. `2.00 Cr e. none

26.The limit of bank loans to Micro & Small Enterprises (Services) has been

increased to _______ per borrower/unit, provided they satisfy the investment

criteria for equipment as defined under MSMED Act, 2006.

a. `2.00 Cr b. `5.00 Cr c. `4.00 Cr d. `10.00 Cr e. none

61

27.What is our new product – ―Baroda Swabhimaan Suraksha‖?

a. A new SB Product with in-built Life Insurance facility

b. An insurance product for the pensioners

c. A micro insurance product under Financial Inclusion

d. An insurance product for the beneficiaries under Baroda Swavilamban

e. None of these

28. SHGs corpus will consist of –

a. Group Balance in SB account

b. amount internally lent & interest received thereon

c. any grant/donation received by group

d. amount held as cash with the authorized person

e. all the above

29. What is the maximum Clean Lending Power for an SHG?

a. `3.00 lacs b. `4.00 lacs c. `5.00 lacs d. `2.50 lacs e. none

30. Out of total housing loan granted by the branch which one will be classified as

priority sector under revised Priority Sector Policy

a) housing loan limit up to `25 lacs irrespective of the area

b) housing loan limit up to `15 lacs in other than metropolitan centre

c) housing loan limit up to `25 lacs in metropolitan centre with Population more than

10 Lacs

d) Both b & c

e) housing loan limit up to `20 lacs irrespective of the area

31.The ideal size of an SHG group is –

a. 10-15 members b. 10-20 members c. 10-25 members d. 5-15 members

e. no such ideal size

32. What is the maximum loan amount that can be financed for purchase of 2nd hand

tractor?

a.`2.00 lacs b.`3.00 lacs c. `4.00 lacs d. `5.00 lacs e. as per valuation

33.What is the agriculture loan limit upto which no stipulation for margin in in our

Bank?

a.`1.00 lac b. `0.50 lacs c. `2.00 lacs d. `3.00 lacs e. no such ceiling

62

34.Upto what limit no prior approval from next higher authority is required in case of

takeover of agriculture advance to individual borrowers?

a.`5.00 lacs b.`2.00 lacs c. `10.00 lacs d. as per DLP, no prior approval e. none

35. Which of the following is correct in respect of project cost in PMEGP?

a) For manufacturing unit Rs.25 lacs. For service / business units Rs.10 lacs

b) For manufacturing unit Rs.15 lacs. For service / business units Rs.10 lacs

c) For manufacturing unit Rs.25 lacs. For service / business units Rs.15 lacs

d) For manufacturing unit Rs.25 lacs. For service / business units Rs.25 lacs


36. What is the minimum number of farmers required to form a ‗Farmers‘ Club‘?

a. 5 b. 4 c. 10 d. 15 e. 6

37. What is the amount of life insurance cover to the beneficiary under PMJDY

Scheme?

a) `20,000/- b) `25,000/- c) `30,000/- d) `50,000/- e)`1,00,000/-

38. Interest subsidy housing loan scheme for EWS/LIG segments in urban areas

which is in operation since October 1st, 2013 is known as –

a. Indira Awas Yojana

b. Interest subsidy scheme for Housing the urban poor (ISHUP)

c. Rajiv Rinn Yojana (RRY)

d. Indira Awas Vikas Yojana

e. None of these

39. What is the minimum & maximum limit that can be sanctioned under BGCC?

a) `1,000 & `25,000 b) `1,000 & `50,000 c) `3,000 & `25,000

d) `3,000 & `50,000 e) `5,000 & `25,000

40. What is the validity period of BGCC?

a) 2 years b) 3 years c) 4 years d) 5 years e) None of the above

63

41. Which of the following is not true regarding BGCC scheme?

a. For Women applicants, 0.50% concession in interest rate

b. For Women applicants, 1.00% concession in interest rate

c. If credit balance available, interest will be paid @ saving bank

d. No Processing charges and Documentation charges

e. All the borrowers to be covered under PAIS (Personal Accident

Insurance Scheme) up to `50,000/-

42. What is the maximum loan limit to an individual tenant farmer/share cropper

under our ―Baroda Kisan Group Loan Scheme‖ (Joint Liability Group)?

a) `10,000/- b) `25,000/- c) `50,000/- d) `1,00,000/-

e) `1,50,000/-

43. What is the maximum loan limit to a JLG under our ―Baroda Kisan Group Loan

Scheme‖?

a) `1,00,000/- b) `2,00,000/- c) `5,00,000/- d) `8,00,000/-

e) `10,00,000/-

KEY

1 2 3 4 5 6 7 8 9

c d b c d c a c d

10 11 12 13 14 15 16 17 18

b e d a c b b b c

19 20 21 22 23 24 25 26 27

a c b b a d c b c

28 29 30 31 32 33 34 35 36

e c d b a a a a c

37 38 39 40 41 42 43

c c a d b d e

Wish you all Good Luck…..dear Barodians…

Team Baroda Academy, Bengaluru

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