
BOM-Cash operations and management
Authored by C S Venkataraman
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12 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In the cash department, at the beginning of the day how much cash will you draw from the cash safe?
Entire cash in the strong room is moved to the cash cabin
Only minimum required amount of cash is moved from strong room to cash cabin
50% of the Closing cash on the previous day
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When there is heavy inflow of cash during the day, excess cash is
Remitted to currency chest
Kept in cashier’s cabin till the end of the day
Moved to the strong room from time to time
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Cash management is excellent when
Cash balance is held within the cash retention limit
Payments are made only subject to availability of cash
Low cash is held and payments made only by getting cash from
other branch
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Retention limit” is the maximum permitted amount of
Payments permitted in the branch per day
Receipts permitted in the branch per day
Cash holding in the branch at the closing of the day.
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Transit insurance is the amount of insurance held for
Total remittances during the month
Cash during remittances from/to the branch/Currency chest
Holding of cash in the branch
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Counterfeit notes detected at the counter...................
Should not be returned to the tenderer under any circumstances
Can be returned to the tenderer against an undertaking
Can be returned only with the permission of the Branch
Manager
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following statements is incorrect in respect of Clean note policy
Sorting of all notes received during the day into issuable and non -issuable at the branch
Can accept currency notes for exchange with religious messages written on them, from public and customers.
Not to circulate the dirty notes through ATM or at the counter
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