Promotion Exam Mock Test-3
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1.
Account A/c becomes out of order, if there are no credits continuously for how much period?
2.
For KYC purposes, where the customer is an unincorporated association or body of individuals, the beneficial owner is the natural person(s), who, whether acting alone or together, or through one or more juridical person, has/have ownership of/entitlement to more than ___ percent of ___ or ___ of the association/body.
3.
As per Master Direction on Framework of Incentives for “Currency Distribution & Exchange Scheme (CDES)” for bank branches including currency chests, for cash deposit by non-chest branches under Linkage scheme with CCs, the service charge to be levied by the large modern CC on the non-chest branches are ___ per 100 pieces.
4.
As per RBI direction, what is the maximum term for which a term deposit can be accepted?
5.
As per RBI's NBFC-P2P directions, what is the maximum maturity period of the loans?
6.
As per Core Investment Companies (Reserve Bank) Directions, 2016, a Core Investment Company (CIC) is a non-banking financial company carrying on the business of acquisition of shares and securities which holds not less than ___ % of its net assets in the form of investment in equity shares, preference shares, bonds, debentures, debt, or loans in group companies.
7.
In the case of Pre-paid payment instruments for cross-border outward transactions, the maximum per transaction limit is _____?
8.
While updating customer KYC, if there is no change in the KYC information, a self-declaration from the customer in this regard shall be obtained, which the customer can send through which of the following? (1) Customer’s email ID registered with the RE (2) Customer’s mobile number registered with the RE (3) ATMs (4) Digital channels
9.
What is the duration of temporary over-drawings in Non-resident external Rupee Account SB account of an NRI?
10.
RBI's KYC direction applies to those branches and majority-owned subsidiaries of the Regulated Entities (REs) which are located abroad. In case there is a variance in KYC/AML standards prescribed by Reserve Bank of India and the host country regulators abroad, branches/subsidiaries of REs are required to adopt which standards?
11.
In the case of PPIs for Mass Transit Systems (PPI-MTS), the amount outstanding shall not exceed Rs. _____ at any point in time?
12.
As per RBI's KYC directions, in case of a Trust, beneficial owner include which persons, with 10% or more interest?
13.
Banks should not extend any kind of credit facilities to resident individuals to facilitate what type of remittance under LRS?
14.
As per RBI's KYC directions, in case of a company, beneficial owner, is a natural person who has ownership more than 10% of __________________. Fill in the blanks.
15.
Standalone Primary Dealers (SPDs) may lend up to what percent of their NOF in the call/notice money market, on average in a ‘reporting fortnight’?
16.
Banks can open small accounts where a person is not having an OVD. Where an individual is a prisoner in a jail and wants to open a small account, the signature or thumbprint shall be affixed in the presence of whom?
17.
Banks are required to publish the internal benchmark for which of the following maturities? (1) Fortnightly MCLR (2) One-month MCLR (3) Three-month MCLR (4) Six-month MCLR (5) One-year MCLR
18.
If due date of a term loan instalment is March 20, 2026 which is not paid, what is date of NPA?
19.
As per RBI's Master Direction on the Scheme of Penalties for bank branches and currency chests for deficiency in rendering customer service to members of public, for shortages of coins in remittances and shortages of coins in currency chest balances, what is the penalty for coins in any denomination, in addition to the loss?
20.
Under Liberalized Remittance Scheme (LRS) of RBI, what are the provisions on clubbing of remittances by the remitters? 1. Remittances can be consolidated in respect of family members. 2. Individual family members must comply with the terms and conditions of LRS. 3. Clubbing is not permitted for capital account transactions if family members are not co-owners/co-partners of the overseas bank account/investment.
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