mcq bank 5

RBIA stands for_______________________

• Risk Based Inspection & Analysis
• Risk Based Internal Audit
• Regional Bureau of Inspection & Audit
• Risk Based Internal Accounting
• Risk Bureau of Internal Audit

Periodicity of Inspection for Medium Risk Branches is_______ Months

• 24
• 9
• 12
• 18
• 6

Periodicity of Inspection for High Risk Branches is_______ Months

• 24
• 9-12
• 12
• 18
• 6

RLBOs/SMELF/SMS are inspected once in_____ Months

• 6
• 3
• 12
• 18
• 24

HR Audit of Rural/Semi Urban branches are conducted once in ______ months

• 6
• 12
• 18
• 24
• Along with RBIA

Stock Audit is conducted in accounts having limit of above Rs_____ crores.

• 10
• 5
• 1
• 15
• 2

Rural/ Semi Urban branches are required to submit their Rectification Certificates within ____ days from date of receipt of audit report

• 90
• 30
• 60
• 120
• 40

Urban/ Metro branches are required to submit their Rectification Certificates within ____ days from date of receipt of audit report

• 90
• 120
• 30
• 60
• None of the above

QRC stands for _______

• Qualified Reconcilliation Certificate
• Qualified Rectification Certificate
• Qualified Report Certificate
• Quarterly Rectification Certificate
• Quarterly Rectified Certificate

CRC stands for _______

• Clean Reconcilliation Certificate
• Clean Rectification Certificate
• Clean Report Certificate
• Closing Rectification Certificate
• None of the above