PPT New C December 2022

As per latest guidelines in regard to "Compliance & Closure cycle of various Audits" the 1st  compliance report should be within_____ days from publication of audit report by branches with fund based credit portfolio of Rs 250 Cr.

• 90

• 60

• 30

• 15

Which of the following is not a benefit of SPOT rectification under audit system

• Saving of man-days which would have been rather consumed for post audit functions

• Sensitive issues resolved within short spam

• Achievement of business target is confirmed

• Reductin in TAT of compliance and closure cycle

As per latest guidelines in regard to "Compliance & Closure cycle of various Audits" the 1st  compliance report should be within_____ days from publication of audit report by branches with fund based credit portfolio of Rs 25 Cr.

• 60

• 45

• 30

• 15

Timeline for closure (Final Compliance) of credit Audit is _____ days

• 60

• 45

• 30

• 15

Timeline for first compliance Report for the observations of SL/SOL/FR conversion of QRC to CRC is _______ days

• 30

• 45

• 60

• 90

How many pillars are available under policy on Adminisrative Enforcement of Accountability

• 3

• 4

• 5

• 6

Updation of Red Flag and White Flag is done on a  ____       basis

• Real time

• Monthly

• Quarterly

• Yearly

Responsibity of uploading Red and White Flag vests with       _______  

• RCO

• ZCO

• ZIAD

• HRM

What is the periodicity of audit for very high risk branches

• 3 Months

• 6 Months

• 9 Months

• 12 Months

What is the periodicity of Management Audit of controlling offices viz Zonal / Regional Offices

• 1 year

• 2 year

• 3 year

• 5 year