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Friends, I am updating the re-collected questions from Nov 2017 posted by our group members. Let me update this page with the answer as and when I get time. Till then you all can go through the book/internet and update yourselves. Wish you all the very best for your exam.
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1. Relationship in Safe custody ...... Ans - Customer - Bailor & Bank - Bailee
2. NRLM replaced ...... Ans - Swarnajayanti Gram Swarozgar Yojana (SGSY). The scheme was succeeded by Deen Dayal Antyodaya Yojana on 25 September 2015.
3. Mortgage is defined in which act ...... Ans - Transfer of Property Act 1882
4. RBI Nationalised in which year ...... Ans - 1949
5. Area covered under LAN generally ...... Ans - 150 Meters
6. Banking services in the realm of Wealth management are best delivered through ...... Ans - Face to face transaction
7. A fraud committed by a large number of customers on bank would basically result in ...... Ans - Reputation risk
8. KYC procedure for opening small account has been simplified for those person not having an officially valid document, the balance at any time should not exceeds Rs....... and Credit should not exceeding ...... Ans - 50000, 100000
9. In case of partnership one partner died then what will happen in partnership? Ans - Partnership firm dissolved
10. Function of RBI
11. Alliance and contract
12. NPA Problem on provisioning
13. Cr bal limit and transaction limit for no frill accounts
14. Settlement of deposit for nominee
15. Half-Nest - Ans - Married with young children
16. Pillar - II - Ans - Supervisory Review Process
17. Basel - III
18. Question from Minor Account
19. Assessment of working capital
20. Credit Monitoring
21. Agri Financing
22. Product Cycle
23. Marketing
23. SHG
24. Credit Card
25. Off Balance Sheet items
26. Mutual Funds
27. NCPI
28. KYC Norms
29. Garnishee Order
30. Banker's Lien
31. Right to set off
32. Priority Sector Advances
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