On the job Training_24.06.2022

Full form of MMR is....?

• Monthly Monitoring Report

• Monthly Managing Report

• Monthly Monitoring Regulation

• Monthly Merit Report

What is OVD?

• Officially Valid Details

• Officially Valid Documents

• Onsite Verification Documents

• Original Valid Documents

What does TWO Stands for?

• Totally Written Off

• Temporarily Written Off

• Transaction Written Off

• Technically Written Off

What is the validity of the cheque issued by an individual from the date of issuance?

• One Month

• 2 months

• 3 months

• 6 months

What is the documents number for General Form of Guarantee which is signed by the guarantor?

• LDOC-7

• LDOC-33

• LDOC-60

• LDOC-37

What is the minimum working Capital limit is required to become eligible for stock audit of the unit?

• Rs.10.00 lacs

• Rs.50.00 lacs

• Rs.1.00 Crore

• Rs.10.00 Crores

While creating the mortgage in the branch, one document is prepared at the branch stating that the mortgagor has deposited the title deeds documents with an intention to create the mortgage and the documents are signed by credit officers and the branch head. What is the name of this documents?

• Entry of Mortgage

• Attendance Report

• Confirmation of Mortgage

• Memorandum of Entry

Under which section of SARFAESI Act, 2002, the demand notice is prepared and sent to the borrowers

• Section-13(4)

• Section-14

• Section-13(2)

• Section-15

Within how many days of account becoming NPA, the demand notice should be issued to the borrowers under SARFAESI Act, 2002

• 3 days

• 7 days

• 30 days

• 60 days

Who is the the authorized officer in our Bank who sign all the communication under SARFAESI Act, 2002

• Manager (Scale-2)

• Senior Manager (Scale-3)

• Chief Manager (Scale-4)

• Assistant General Manager (Scale-5)