Promotion Examination 2021 Scale I to II

 

Based On Memory

Promotion Examination Question 2021

Scale 1 to 2

 

1.     Which is not one of the panchasutrast in SHG. - Regular Audit

2.     Full form of HFT - Held For Trading

3.     TAT for gold loan in gold loan Shopee - 15 mins

4.     Full form of ECNOS - Export Credit Not Other Specified

5.     Gold loan is - Demand Loan

6.     Minimum Bal for RD in rural areas - Rs 50/-

7.     Frequency Compounding in RD – Quarterly

8.     Full form of IMPS - Immediate payment service

9.     Who issue Demand notice under SARFAESI - Authorised Officer

10. LTV of 36 LAKHS? (Margin is 20%) - 28.80 Lacs

11. Start-up QAB - Rs 75000/-

12. QAB OF Scale up is - Rs 2,50,000/-

13.Full form of SARFAESI - Securitisation and Asset Reconstruction of Financila Asset Enforcement of Security Interest

14. Full Form of CPPC and Where it is located? - Central pension processing centre , GANDHI NAGAR

15. Full form of NPCI - National payments Corporation of India

16. VISA platinum Daily Cash withdrawal Limit -1 Lac

17. IMPS Revised Limit Per day - 2 Lacs

18.Other Bank Credit card payments done through which menu in Finacle? - HPORDM

19. Which menu is used for NEFT/RTGS transactions in Finacle? - HPORDM

20. In Planters Card Scheme ,the annual limit should be reviewed by - 31st July

21. Savings Account ROI will credit in - BKC OD Facility

22.Maximum Loan in BKC Tatkal Scheme is - 3 Lacs

23. Maximum Accidental Insurance cover in BKCC is - 50,000/-

24. Margin in Financing of Tractor in new scheme for Agri cum commercial end use is -20%

25. Maximum Loan limit in Golden Jubilee Rural Housing Finance Scheme is - Rs 100 Lacs

26.Collateral Free Loan limit in Baroda Education Loan for Executive Development program is - 15 Lacs

27.What is the margin for Loan against NSC/LIC if the residual maturity is less than 3 yrs - 15% of face value

28. What is the minimum Cut off to give Loan against LIC - 3 Yrs

29. Charge against LIC - Assignment

30. DLP of Scale III Manager in Baroda Mortgage Loan is - 25 Lacs

31. What is payment in Due course? - Payment in good faith and without negligence to any person

32. ROC satisfaction of Charge - CHG 4

33.Limit for Pre approved Housing Loan Without Income Doc's - Rs 20 Lacs

34. Which variant for Baroda Gift Card - VISA

35. What is the relation b/w Bank and the customer if the customer left articles unknowingly - Trustee and Beneficiary

36. Whose right is Right to set off? - Banker's Right

37. What is General Lien? - On all securities Generally (Not remembered exactly)

38.Ware House Receipts Margin? - 30%

39. What % will deduct for Premature withdrawal? -1%

40. First Sweep Occurs When the Balance reaches to ----- in Super Savings A/C -Rs 50,000/-

41. QAB for super Savings Account? - Rs 20,000/-

42. Minimum Flexi fixed Deposit Amount in BOB Suvidha is – Rs

43. Non-Maintenance of QAB in Small Current A/c - Rs300+gst

44. Minimum Bal to open Baroda Advantage CA in Rural Areas? - Rs 2000/-

45.Total Number of A/c's linked to Debit card? - 9

46. Demat Account Software - DEBOS

47. Full form of NCLT - National Company Law Tribunal

48. Paid up capital for BOB Ltd? - Rs 10 Lacs

49.For change of Interest in OD/CC Accounts? - HINTTM

50. What we can modify in Finacle for APY? - Mobile no and E mail

51. Interest Subsidy in Moratorium Period for Padho Pardesh Scheme -100%

52.SB-129 - Baroda Govt Bodies Account

53. Intangible Asset - GOOD WILL

54. RBI pays Agency Commission i.e. - Non-Fee based Income

55. Lakshya Scheme is for? - One Time Settlement

56. Handing over of Mortgage Related Doc's to customer in - 15 working days

57. Baroda E kart can be canvassed to - Kirana Shops

58. What is the Insurance covered in Sehat Suraksha Accounts during Campaign is - Rs 1 Lac

59. Corporate Advertising means?

60. Last stage in selling is - Closing

61. Minimum period of Notice by bank for auction of property after taking possession under SARFAESI Act is ? - 30 Days

62. In compromise Settle account When the valuation is required? - 5 Cr and above

63. The borrower who has disposed off the assets created out of bank's loan without the knowledge of the bank is called? - Wilful Defaulter

64. Tie up for Drip/ Sprinkler Irrigation is - Finolex Plassion Industries Pvt Ltd

65. The Public Money Recovery of Dues Act is being recovered as an arrear of - Land Revenue

66. Full form of MDRT - Million Dollar Round Table.

67. Appraisal System - Baroda GEMS

68. To get benefit under Section 80c,What is the maximum period under ELSS - 3 YRS

69. Maximum Loan under LIC? - Unlimited (NO Limit)

70. Maximum Loan of the regular pensioner, if age is 68 yrs ? -Rs 8 Lacs

71. What % of tax for senior citizens if there is no pan in his account ? - 20%

72. Hypothecation charge on vehicle is registered in which portal ? - VAHAN

73. Full form of MMID ? - Mobile money identifier

74. Not in Negative list of PMEGP activities? - Making JUTE bags

75. Option not available in M-Connect plus is ? - Blocking Credit Card

76. Baroda Prime credit card is for - Against 100% FDR

77.Nodal Agency at national level of PMEGP is – KVIC (khadi and Village Industries Commission)

78. Subsidy of Promoter's contribution in General Category of PMEGP is ? - 10%

79.CRILIC is for ? - 5 CR

80. Limit for Retail Customers to self Linked ccounts in Baroda Connect is ? - Unlimited

81. Who can issue Recovery Certificate for Recovering Bank Dues -High court (NOT SURE)

82.To whom bank has to submit compromise proposal in cases where CBI investigation involved - COCC ED

83. Relation b/w price and yield - INVERSE

84. Banner AD'S are which type of marketing? - Product Marketing (May be Outdoor Marketing)

85. Agriculture sector advances will become NPA if not review for how many days? - 180 Days

86. Stock Audit for NPA/TWO/PWO Accounts done for limit? - 5 CR

87. Priority Sector lending norms for Export credit is - 40 cr

88.The liability which can be crystalised at any time but not on the date of bal sheet is? - Contingent Liability

89. A & B are Holders of FD, the holder A died and Holder B died in a week? - Legal Heirs of A & B (NOT SURE)

90. New Scheme in SB - Sehat Suraksha

91. What is the menu for inquiry about different charges debited to customers during the given period in Finacle 10? – HCCI

92. Same as Q.NO.91

93. What is not the current Liability? - Shares/ Debentures held more than a year

94. Valuation at the time of Compromise is - Realisable value

95. Valuation takes after? - 3 Yrs

96. Which is not one of the fixed assets? - patent

97. The LC raised and the same amount limit of Lc (Something) - Revolving LC

98. Applicant in case of LC is? - Importer/buyer

99. Business Commencement date to be entered in? -MCEC

100.      Under which Section Right to representation in SARFAESI? -Section 13(3A)

101.      Weightage for ULIPS & GCL Regular -25%

102.      Date of Birth updated through? - DOBVER

103.      To attain Senior citizen ROI, where to update? - It will update Automatically

104.      IC 38 Qualified called? - Specified Person

105.      If the loan account account is due the status on which day due is called? - Overdue

106.      Baroda Pensioner OD Limit? - 2 Months Pension

107.      Appraiser Age can relax up to? - 70 yrs

108.      Baroda Tax Savings FDR cannot open by – Company

109.      Question on Banner AD

110.      Vetting of Loan Documents - 10 Lacs

111.      Toll collection - Baroda Fastag

112.      RBI Bulk Deposit - 2 CR

113.      BOB Suvidha FFD -Min 5k in multiples of 1000/-

 

***

 

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Bulk NEFT Convertor

 

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Date - 12-08-2024

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👉 Bulk NEFT Convertor

 

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BFM Module A, (Q & A) UNIT 1. Exchange Rate and Forex Business

 

BFM Module A

(Question-Answer)

UNIT 1. Exchange Rate and Forex Business

 

Fill in the blanks:

1. The term Foreign Exchange is used to denote ______ as well as the _______ of one currency into another.

2. The exchange rates of major currencies fluctuate every______ seconds.

3. Main factors affecting exchange rates are technical, _________ and speculation.

 4. In a spot contract, settlement of funds takes place on the_________ working day following the date of contract.

 5. If the currency is costlier in forward, it is said to be at a _________

 6. If the forward value of the currency is cheaper, it is said to be at a_________.

 7. The date of settlement of funds is known as_________ date.

 8. The rate at which the quoting party is ready to buy the currency is called_________ rate.

9. The dealers are officials, who are actually involved in the ________and________ of currencies.

10.  The section which handles processing of deals, reconciliation, etc., is called________ office.

11. Banks permitted to deal in foreign exchange are called ________ persons.

12. Unpaid Import bills drawn under Letters of Credit must be crystallized into Rupees as per the policy of the________.

13. In terms of FEDAI rules, besides, Japanese Yen, _______, and________ are the other currencies which are quoted as 100 units = so much Rupee

14. Exchange rate denotes a__________ at which one currency exchanged for another.

15. Foreign Exchange Markets are__________ Markets, with no barriers.

16. The currency appreciates due to inflow of overseas capital, if local interest rates are__________

17.  __________ deals provide depth and liquidity to the market.

18. Direct quotes are also called__________ currency quotations.

19.  The part of dealing room operations, which deals with risk management is called__________ office.

20. Risk of loss arising due to inability or unwillingness of the counter party to meet its obligations is called__________ risk.

21.  __________ guidelines prescribe code of conduct for dealers’ brokers.

 

State True or False:

1. The FOREX markets are dynamic and round the clock markets.

2. FOREX markets are not affected by government policies.  

3. A large part of the total global FOREX turnover results from global commodities trade

 

Terminal Questions.

1. Foreign Exchange markets are

 (a) regional markets.

(b) domestic markets.

(c) global markets.

(d) localized exchange traded markets.

 

2. Foreign exchange does not include:

(a) Deposits payable in foreign currency.

(b) Instruments drawn in foreign currency and payable in a foreign currency.

(c) instruments drawn in Indian rupees on a checking account of the drawer and payable abroad.

(d) instruments drawn in Indian rupees on a current account of an Indian company and payable in India.

 

3. Out of the several factors, the following factor does not have an effect in the movement of exchange rates:

(a) Political instability

(b) Increase in domestic interest rates

(c) Change in Taxation policy

(d) Increase in domestic tourism

 

4. Spot dealing in FX market means:

(a) Delivery of funds is on the 30th working day from the date of deal.

(b) Delivery of funds is on the second working day from the date of deal.

(c) Delivery of funds is next date from the date of deal.

(d) Delivery of funds is one week after the date of deal.

 

5. The rate at which the quoting bank is ready to sell the currency is called-

(a) Bid rate.

(b) Offer Rate.

(c) TT Buying Rate.

(d) Swap rate.

 

6. Operational Risk does not include:

(a) movement in exchange rates.

(b) Human errors.

(c) Technical Faults.

(d) Systemic failures.

 

7. Cancellation of forward contacts is to be done at:

(a) Opposite Bill rate.

(b) Opposite Cash rate.

(c) Opposite TT rate.

(d) Opposite TC rate.

 

8. Crystallization of export bills is to be done:

(a) On the 10th day from the due date of the bills.

(b) Before the due date.

(c) As per the policy of the Bank.

(d) On the due date itself.

 

 

Answer Key
Fill in the Blanks
1	Foreign currency, Exchange	8	Bid	15	Communication System based
2	Four	9	Buying & Selling	16	High
3	Fundamental	10	Back office	17	Speculative
4	Second	11	Authorized	18	Home
5	Premium	12	Bank	19	Credit
6	Discount	13	Indonesian Rupiah/Kenyan Shilling	20	FEDAI
7	Value	14	Price/Ratio/Value	21
True & False
1	True	2	False	3	False
Terminal Question
1	c	4	b	7	c
2	d	5	b	8	d
3	d	6	a

 

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