Product Quiz

CDD is performed during

• Onboarding

• Periodically

• Onboarding and Periodically

What is LIBOR

• London interbank Offered rate

• London inter-banking offer rate

• London interface offer rate

What is the role of credit analyst

• To assess the income and loan eligibility of the borrower

• To evaluate applicants credit worthiness

• To perform credit monitoring and annual review on approved credit facilities

• To take final decision on the loan application

What is the full form of MRTA

• Mortgage Reducing term Asset

• Mortgage real term Asset

• Mortgage reducing term Assurance

_____ can be either secured or unsecured

• Auto Loan

• Housing Loan

• Overdraft

• Personal Loans

CMCLO means

• Client money laundering client officer

• Country money laundering compliance officer

• Client monetary laundering country officer

• Country money laundering client officer
  

DOI are owned and maintained by

• Business process owner

• Stake holder

• Country

• CDD team
  

What are the commonly used documents to conduct fraudulent activities

• Pay slips

• Bank statement

• Identity documents

• All the Above
  

It is not a serious breach of discipline to commit the bank to a transaction without proper delegated authority

• TRUE

• FALSE

Can insurance policy be considered as collateral

• Yes

• No