Promotion Exam Mock Test-4

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1. 
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 CCs other large modern CC, on the non-chest branches are _____ per 100 pieces.

2. 
The amount collected by a non-bank PPI issuer for issuing PPIs is required to be maintained in which type of account with any scheduled commercial bank?

3. 
The Core Investment Company is required to have total assets of not less than ___ crore either individually or in aggregate along with other CICs in the Group, which raises or holds public funds.

4. 
If a Term Deposit (TD) matures and the proceeds are unpaid, the amount left unclaimed with the bank shall attract what rate of interest?

5. 
The coins of 25 paise and below, issued from time to time, have ceased to be legal tender with effect from which date in terms of Gazette Notification No. 2529 dated December 20, 2010 issued by the Government of India?

6. 
A long-term loan given to an Indian corporate has a risk weight of ___% for AAA rating, ___% for BBB rating and ___% for unrated corporate?

7. 
Soiled note remittances to RBI shall not be shown as withdrawal by chest(s). In case such remittances to RBI are wrongly reported as 'withdrawals', what penalty shall be levied irrespective of the value of remittance and period of such wrong reporting.

8. 
What, in general, is the minimum and maximum value of coins continuing as legal tender in India?

9. 
Which of the following is part of permissible capital account transactions by an individual under LRS? 1. Opening of a foreign currency account abroad with a bank. 2. Acquisition of immovable property abroad. 3. Overseas Direct Investment (ODI). 4. Donations abroad.

10. 
An NBFC-P2P shall put in place a Board approved policy to address participant grievances/complaints within ____. If the complaint/dispute is not redressed within the specified period, the participant may appeal to ___.

11. 
For limited statistical/reporting purposes, banks can close those reported fraud cases involving a prescribed amount, where the investigation is ongoing or charge-sheet has not been filed in the Court for more than which period, from the date of registration of First Information Report (FIR)?

12. 
From July 1, 2024, the value of foreign currency notes sold by FFMCs/non-bank ADs Category-II to the public for permitted purposes should not be less than what percent of the value of foreign currency notes purchased from other FFMCs/ADs, on a quarterly basis?

13. 
Stock statement due date and submission date is 31.03.26. No further statement submitted but drawings are continued. On which date the account shall be classified as NPA?

14. 
In case of stressed loans being transferred, if the exposure value is what amount, when the transferor shall obtain two external valuation reports.

15. 
In securitization transactions, the total exposure of an originator to the securitization exposures belonging to a particular securitization structure or scheme should not exceed what percentage of the total securitization exposures created by such structure or scheme?

16. 
At present, which of the following types of floating rate loans are required by banks to be mandatorily linked to an external benchmark instead of the MCLR of the banks? (1) Personal loans (2) Retail loans (3) Loans to Micro and Small Enterprises (4) Loans to Medium Enterprises

17. 
The end-to-end sandbox process i.e. cohort, may run for varying time periods but should ordinarily be completed within how much period, starting from receipt of complete and eligible applications?

18. 
When customer furnishes an OVD without an updated address, he can submit utility bills not old than what period old for limited purpose of proof of address?

19. 
An NRI on his visit to India desires to deposit USD 15000 currency notes. Which document issued by Custom Department in India, he will need to submit?

20. 
What is the maximum extent in the case of Standalone Primary Dealers (SPDs) to avail of FCNR(B) loans as a percent of the NOF as at the end of March of the preceding financial year?

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