COMPLIANCE AND AUDIT

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
• 4 Year

Which of the following is not included in Control Risk of Risk Based Internal Audit

• Operational
• Credit
• Earning
• Compliance

Full form of CIAD

• Central Internal Audit Division
• Central Internal Audit Department
• Central Inspection and Audit Division
• Central Inspection and Audit Department

Regional office on its own will audit _____ % of the BCs of the region randomly every quarter.

• 10
• 15
• 25
• 30

Re-verification of title deeds under legal audit has to be carried out once in every _____ years.

• 2
• 3
• 4
• 5

Time limit for submission of LFAR after statutory audit is _______

• 30th April
• 31st May
• 30th June
• with in 15 days

SOL stands for _____

• Specific Observation Letter
• Special Observation Letter
• Special Official Letter
• Special Order Letter

How many error reports are generated and made available through the CEMU portal?

• 24
• 33
• 43
• 32

LFAR stands for ____________

• Last Formed Audit Report
• Long Form Audit Report
• Listed Format Audit Report
• Long Formated Action Report