Test- Training

what will be the Retention Period for Loan Documents Storage

• 5 years from the date of closure of accounts.

• 5 years from the date of LD of accounts.

• 3 years from the date of closure of accounts.

• 3 years from the date of closure of accounts.

what will be the duration for Maintenance and disposal of records and files for written off loan accounts

• 5 years from the date of closure and later eliminated, provided there is no chance of recovery

• 2 years from the date of closure and later eliminated, provided there is no chance of recovery

• 5 years from the date of LD and later eliminated, provided there is no chance of recovery

• 3 years from the date of LD and later eliminated, provided there is no chance of recovery

whose approval require for Disposal of records after the expiry of the stipulated period for documents storage

• CBO

• MD

• COO

• VP

What all are the documents require to store as per process for Loan Documents Storage

• o Loan Application Form (LAF) with terms & conditions

  o Acknowledgement of loan sanction

  o Acknowledged Loan Card

  o KYC details of the borrower & Nominee /Co-insured

  o Any other document as applicable

• o Loan Application Form (LAF) with terms & conditions

  o Acknowledgement of loan sanction

  o Acknowledged Loan Card

• o Loan Application Form (LAF) with terms & conditions

  o Acknowledgement of loan sanction

• none of the above

What is the live date of project parivartan?

• 1st July 23

• Already Live

• 1st July 24

• 1st Aug 23

what is the full form of NGF

• New Group formation

• New Game formation

• New Group format

• none of the above

select the correct process for key management

• Keys should be held by 2 persons: BM and LO (acting as cashier).

• Keys should be held by 2 persons: CM and LO (acting as cashier).

• Keys should be held by 2 persons: BM and CM

• Keys should be held by 2 persons: 1st LO and 2nd LO (acting as cashier).

Select the correct answer

•  Cashier LO on leave, handover key to another LO and records details in register and informs BM.

• . Never keep both keys with one person

• Update register during key handover

• all are correct

whose approval require if cash at Branch is more than 50K and till 2 lac

• CBO

• VP

• AVP

• VP

please select the correct CSS number

• 18001205519

• 1800120551

• 18001205591

• 180012055519