Saturday, 22 April 2017

Banking Questions Test (MCQ)- 54


1.    If a LC contains conditions without stating documents to be presented in compliance therewith, banks will:
a.    Have to seek clarification from opening bank

Friday, 21 April 2017

Banking Questions Test (MCQ)- 53

1.    Exchange control in India is administered by:
a.    FEDAI
b.    RBI

Thursday, 20 April 2017

Banking Questions Test (MCQ)- 52



1. What is the minimum pecuniary jurisdiction of DRT?
a) Rs.10 lacs    b) Rs.15 lacs    c) Rs.20 lacs       d) None of these

Wednesday, 19 April 2017

Banking Questions Test (MCQ)- 51


1. Stamped receipt is required for payment of:
a) Over Rs.500/-                b) Over Rs.1000/-   

Tuesday, 18 April 2017

What is included under Weaker Sections under priority sector?

1.

Small and Marginal Farmers

2.

Artisans, village and cottage industries where individual credit limits do not exceed ₹ 1 lakh

Banking Questions Test (MCQ)- 50

1. A time barred debt can be can be revived by:
a) Renewal of document
b) Acknowledgement of debt

Monday, 17 April 2017

NPA-Provisioning

Asset Classification
Period as NPA
Current provisioning (%)
Revised accelerated provisioning (%)
Sub- standard
(secured)
Up to 6 months
15
No change
6 months to 1 year
15
25
Sub-standard (unsecured ab-initio)
Up to 6 months
25 (other than infrastructure loans)
25
20 (infrastructure loans)
6 months to 1 year
25 (other than infrastructure loans)
40
20 (infrastructure loans)
Doubtful I
2nd year
25 (secured portion)
40 (secured portion)
100 (unsecured portion)
100 (unsecured portion)
Doubtful II
3rd & 4th year
40 (secured portion)
100 for both secured and unsecured portions
100 (unsecured portion)
Doubtful III
5th year onwards
100
100

Questions asked in UBI promotion exam scale 1 to scale 2 officer

1.Deferred payment guarantee, 
2.kyc for low risk,

Banking Questions Test (MCQ)- 49

1. Banks are required to report credit information to CRILC on all borrowers having aggregate funded/non funded exposure of Rs…crore and above.
a) 1 b) 2 c) 5 d) None of the above

Questions asked in UBI promotion exam clerical to officer

1. What is debt swap?
2. Up to what extant CGTMSE provide guarantee cover for the credit facility to eligible borrower?