Finacle

                   Objective Questions – Finacle

1.  By using which of the following menus, entry for revocation of a “Stop Payment” instruction can be made in finacle?

a)    HCHBM

b)    SPP

c)    REVSPP

d)    SPPREV

2.     What will be the value of DP Indicator at the time of opening any loan account in Finacle?

a)    N - None

b)    D - Derived

c)    M - Maintained

d)    E – Equal

3.     Which menu can be used to receive scheduled payments in loan accounts?

a)    HLAUPAY

b)    HLASPAY

c)    HLARSH

d)    HLPAYOFF

4.     Which menu can be used to receive unscheduled payments in loan accounts?

a)    HLAFACR

b)    HLASPAY

c)    HLARSH

d)    HLAUPAY

5.     Packing Credit can be disbursed using which of the following menus in finacle?

a)    HLADISBPC

b)    RPCTM

c)    TM

d)    HPCDISB

1.      

2.      

3.      

4.      

5.      

6.      

7.     While opening a LABOD A/c, Installment Frequency must be given as:

a)    Bullet

b)    Monthly

c)    After Maturity

d)    Quarterly

8.     Detailed interest report of any Loan/CC/OD Account can be obtained by using menu :

a)    INTRPT

b)    ACINT

c)    AINTRPT

d)    INTREP

9.     Stock and Book Debt statement can be linked to a Cash Credit (Hyp.) Account using which of the following menus?

a)    HALM

b)    HDML

c)    HCLM

d)    HLNM

10.   Which menu can be used to generate account statement of any office a/c (GL/PL) like Cash, Sundry etc.?

a)    HACLI

b)    HPSP

c)    ACLPCA

d)    ACLPOA

11.   Which menu allows the finacle users to Change Scheme code ?

a)    ACXFRSOL

b)    ACXFRSCH

c)    SCHCODCHG

d)    ACXFRSC

12.   Which menu is used to inquire about a customer using his pan number or mobile number?

a)    CUSTSEARCH

b)    FINDCUST

c)    CUSTFIND

d)    CUSINQ

13.   Which menu can be used to find out the unapplied interest accrued upto date for NPA accounts in Finacle?

a)    NPATM

b)    NPARPT

c)    ACACCR

d)    AINTRPT

.

14.   Limit Node can be created using which of the following menus in finacle?

a)    HLNM

b)    HCLM

c)    HALM

d)    LNDI

15.   Which of the following menus is used to change SOL ID of any account?

a)    ACXFRS

b)    ACXFRSC

c)    ACXFRSOL

d)    ACXSOLTRF

16.   Which menu can be used by a user to generate a date-wise report of live guarantees in finacle?

a)    GILR

b)    GMM

c)    BGSTMNT

d)    ACXSOLTRF

17.   A finacle user wants to change his password himself. Which menu will allow him to change his own password?

a)    PAPW

b)    REGPW

c)    PWMNT

d)    UCMR

18. Which of the following SB Scheme code name has recently been changed as “GovtScholarship-DBT” a/c

          a)  SB-124

          b)  SB-150

          c)  SB-138

          d)  SB-114

           e) SB-113

 19. What is the Loan Scheme code of newly launched “Baroda Home Loan Advantage” for residents ?                             

     a)    LA 183

     b)   LA 184
     c)    LA 185
     d)   LA 188
     e)   LA 190

20. A new product “Baroda Home Loan Suraksha Personal Loan” for home loan      Borrowers has ben launched , for funding life insurance premium of group  Credit life insurance . What is the scheme code in finnacle for residents   Borrows ?

    a)    LA 185

    b)   LA 178
    c)    LA 180
    d)   LA 188
    e)   LA 190

21. What is the new scheme code for Resident Short Deposit in Finacle?

a)    TD108

b)   TD118

c)    TD164

d)   TD154

e)   TD564

22. What is the menu option for reversal of wrong entry made in NPA A/Cs in Finacle?

a) NPATMREV

b)NPATMRVR

C)NPATM

d)NPATMRV

e)NPATMREVE

23. What is new menu option created for generating report for CERSAI?

a)    CERSAIREP

b)   CERSREP

c)    CERSAIR

d)   CERSREPRT

e)   CERSAIRPT

24. What is the menu option to mark NPA for Packing credit a/c?

a)BOBMEAC

b)MEAC

c)ACM

d)through ASCROM

e)No option

25. What is menu option to generate report for details of accounts which are activated from dormant status for the particular period?

a)    DACUP

b)   DORACT

c)    DORMNTACT

d)   DORMNT

e)   DORACTR

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Banking Regulation

The Reserve Bank of India (RBI) is the central banking authority and the regulator of Indian Banking System. RBI draws its regulatory powers from Reserve Bank of India Act, 1934 and the Banking Regulation Act, 1949. Banking regulation is not peculiar to India. Every country regulates its banking system through some authority.

For example, the Bank of England regulates the banking system in UK. Similarly, the Federal Reserve Board is the regulator of the banking system in USA.

Important of Banking Regulation –

A. Public confidence and trust

B. Investors’ interest

C. Fair and efficient financial markets

D. Adherence to rules.

Constitution of RBI

RBI was constituted under the Reserve Bank of India Act, 1934 and started functioning from 1 April, 1935. It is the oldest among central banks operating in developing countries. Its headquarters are in Mumbai.

A. Ownership

RBI is a state-owned institute under the Reserve Bank (Transfer of Public Ownership) of India Act, 1948. The Act empowers the Union Government to issue such direction to RBI as is necessary in public interest. However, the union Government must consult the Governor before issuing the directions.

B. Control

The control of RBI vests in the Central Board of Directors. The Central Board of Directors compromise the Governor, 4 Deputy Governors and 15 Directors.

C. Appointment

The Union Government appoints the Governor and Four Deputy Governors and also nominates the 15 Directors.

Objective of RBI

A. Monetary Stability

B. Financial Stability

C. Payment System

D. Credit Allocation

E. Price Stability

F. Development of Financial Markets

Function of RBI

A. Issue of Notes

B. Government’s Banker

C. Banker’s Bank

D. Development of the Financial System

E. Exchange Control

F. Monetary Control

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Important date & Link for JAIIB/CAIIB June/July-2017

Hello friends,
Here I am providing the important date and link for JAIIB/CAIIB examination. The online link for fill-up JAIIB/CAIIB has been announce and activate very soon.

JAIIB EXAMINATION – June/July 2017

OPEN PERIOD FOR REGISTRATION (10-03-2017 TO 9-04-2017)

Click Here apply online for Registration for JAIIB Examination

Note: Last Date for receipt of Change of Centre Requests at the respective PDC/MSS Offices : 20^th April 2017.

CAIIB EXAMINATION – June/July 2017

OPEN PERIOD FOR REGISTRATION (30-03-2017 TO 29-04-2017)

Click Here  apply online for Registration for CAIIB Examination

Note: Last Date for receipt of Change of Centre Requests at the respective PDC/MSS Offices : 18^th May 2017.

Also visit - Schedule for JAIIB/CAIIB

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Schedule of JAIIB/CAIIB Examination June/July 2017

 Here I am presenting Schedule of JAIIB CAIIB Examination 2017. Now read Schedule of JAIIB CAIIB Examination 2017,

Schedule for JAIIB/DB & F and CAIIB /CAIIB Electives has been announce. Please note the following date : -

JAIIB/DB & F

Subject	Examination Date
Principal & Practice of Banking	04-06-2017 / Sunday
Accounts & Finance for bankers	11-06-2017 / Sunday
Legal & Regulatory Aspect of Banking	18-06-2017 / Sunday

CAIIB /CAIIB Electives

Subject	Examination Date
Advance Bank Management	02-07-2017 / Sunday
Bank Finance Management	09-07-2017 / Sunday
Corporate Banking	16-07-2017 / Sunday
Rural Banking
International Banking
Co-operative Banking
Financial Advising
Human Resource Management
Informational Technology
Risk Management
Central Banking
Treasury Banking

Revised Examination Fees inclusive SERVICE TAX @15% with effect from 1stJun, 2016

(Examination Eligible for Members Only)
Sr. No.	Name of the Exam	Attempts	For Members(Rs)
1	JAIIB	First Block of 2 attempts	2760
		Second Block of 2 attempts	2760

(Examination Eligible for Members Only)
Sr. No.	Name of the Exam	Attempts	For Members(Rs)
1	CAIIB	First Block of 2 attempts	3105
		Second Block of 2 attempts	3105

Please Note :

1. Fresh Admit letter will be emailed to the candidates in their email id registered with the Institute, 10 days before the examination date.
2. Fresh Admit letter of all eligible candidates will be hosted on Institute’s website under the heading ‘Exam Related’, 1 week before the examination date.
3. Last Date for receipt of Change of Center Requests at the respective PDC/MSS Offices is 18th May 2017. Candidates are required to send valid proof while sending the request for center change.

For more kindly visit :

 IIBF website by click on - JAIIB , CAIIB

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Question -Answer - Bank of Baroda - Promotion from Officer I to II 2017

Based on Memory of Student

Exam Date 15.01.2017

1. MMID – Mobile Money Identifier


2. IMPS – Immediate Payment Service


3. CVV – Card Verification Value

4. CERSAI – Central Registry of Securitization Asset Reconstruction & Security Interest

5. ASBA – Applications Supported by Blocked Amount

6. NUUP – National Unified USSD Platform

7. STR – Suspicious Transaction Report

8. UIDAI – Unique Identification Authority of India

9. BCSBI  – Banking Codes & Standards Board of India

10. MIBOR – Mumbai Inter Bank Offered Rate

11. SWIFT – Society for Worldwide Interbank Financial Telecommunication

12. In new UPI system, VPA stands for – Virtual Payment Address

13. Maximum limit for NEFT transfer is – Rs. 50 Crore

14.  24560100012345 is – Saving Account.

15. Threshold limit in Baroda Premium Current A/c  – Rs. 5,00,000/-

16. Min. balance in Baroda Super Savings A/c – Rs. 20,000/-

17. Auto Reverse Sweep facility in Baroda Pension Savings A/c  – 180 days

18. Minimum balance in Baroda Bachat Mitra Savings A/c – No min. balance

19. For OD facility, minimum FD amount under Baroda Mitra Savings A/c – Rs. 10,000/-

20. Min. period for which FDR A/c can be opened – 7 days

21. Maximum period for NRO Fixed Deposit A/c – 120 Months

22. Minimum period for Baroda Tax Savings FDR – 5 Years

23. Minimum core installment in Yatha Shakti Jama Yojana – Rs. 100/-

24. Maximum times of deposit in a month under Yatha Shakti Jama Yojana – 3 times

25. Premature charge is not applicable if Fixed Deposit A/c is upto Rs 5 lakhs and has been kept for minimum – 1 Year

26. Minimum period for FCNR A/c – 1 Year

27. Max. amount that can be deposited in PPF A/c in a Financial Year – Rs. 1.50 Lac

28. Maximum times we can avail Loan on PPF - (2/3/4/1)

29. Menu for PAN verification from NSDL – PANVAL

30. Menu for Aadhaar linking – HAPBSLN

31. Menu for NEFT Beneficiary Registration through ATM – BENRATM

32. Menu for Unfreeze kiosk Account - FREEREC

33. Finacle Menu To adjust EMI keeping repayment period unchanged if the customer prepays lumpsum loan amount –

34. Pradhan Mantri Suraksha Bima Yojana is – An Accidental Insurance Scheme

35. Premium for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJBY) is – Rs. 330/-

36. Baroda Contact Centre through IVR – 24 X 7

37. RuPay Card was launched by – NPCI

38. Baroda Gift Card is issued in association with - VISA

39. Maximum amount that can be loaded in Baroda Gift Card – Rs. 50,000/-

40. Minimum USD that can be loaded in Baroda Travel Easy Card - $200

41. Letter of Credit, the Beneficiary is – Exporter/Seller

42. In letter of Credit, issuing bank is also called – Opening Bank

43. Principal or interest payment remains overdue under SMA1 category for – 31-60 Day

44. Banks must register details of security interest created by them with CERSAI within __ its creation – 30 Days

45. Maximum limit of Education loan under priority sector - 10 lakh

46. Target for Micro Enterprise under Priority Sector Credit – 7.50%

47. Repayment Period for Baroda Improvement Home Loan – 15 Years

48. For Loan of Rs 5lac to doctors, he should be in same profession from – 3 Years

49. Financial leverage- Debt equity ratio/profitability ration/current assets ration/DCSR rario

50. MPBF method 1 is -(25% of WC/25% of current assets/25%of core current assets)

51. Maximum co applicant restricted UpTo in Baroda mortgage loan -(3/4/5/6)

52. Agricultural advance for short duration will be NPA if the instalment of principal or interest amount remain overdue – For two crop seasons

53. An account where the regular credit limits have not been reviewed/renewed within ________ from due date is NPA – 180 Days

54. In the a/c where there is a significant erosion n the value of security i.e. if the realizable value of the security is less than 50% of the value of security assessed in the last year by the bank. This account is classified as – Doubtful

55. Maximum loan limit for Baroda Traders Loan to Commission Agents for Metro Branches - ?

56. Which of following is not RBI approved domestic credit rating agency- Dun & Bradstreet.

57. Lodgment of Education Loan Subsidy claim - ELIS

58. Income of Family for claiming Education Loan Subsidy - 4.50 Lakh 

Disclaim : All these question is based on memory & arrange from Facebook and WhatsApp group

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