Quiz day 6

What is the rate of interest equalizasion on pre shipment credit for MSME manufacturer exporter for the financial year 2023-24?

• 0.02
• 0.03
• 0.04
• 0.05

Rate of interest for loans under Urban Infrastructure development fund will be charged ?

• Bank rate - 1.5%
• Bank Rate - 2%
• Bank Rate
• Bank Rate - 1%

it is mandatory for banks to obtain LEI from all corporte customers having Fund based & Non Fund based exposure of Rs.?

• 10 Crores & above
• 1 Crores & above
• 7 Crores & above
• 5 Crores & above

What is the amount of Life Insurance cover on Rupay card for the account opened on 01.07.2017

• 200000
• 100000
• 30000
• 50000

A Branch should secure at least …..marks in business as well as in control risk individually to remain in the low risk category.

• 250
• 251
• 351
• 350

As per RBI requirements, Concurrent audit at branches should cover at least……...% of the advances and 50% of deposits of a Bank.

• 10
• 25
• 50
• 100

In CEMU MIS report can be viewed

• Compliance Report
• Status wise
• Daily Report
• all of the above

Which the following is a function of compliance department

• Follow up with corporate department for ATR on the RBIA
• Submitting note to the board on monthly basis on overseas regulatory violation
• Both (a) and (b)
• Investigating fraud cases

Chief Lady Liaison Officer should be in the rank of

• AGM
• DGM
• GM
• ED

What if the frequency for obtaining KYC documents in low risk customers

• 2
• 8
• 10
• 7