WorksheetsIDBI-T2-BOB-LU5-Remittances
Total questions: 22
Worksheet time: 7mins
When a customer requests you to issue a RTGS for Rs 5 lakhs from his account to his Father's account with Canara Bank,, it is........
Outward remittance for your branch
Inward remittance for your branch
No such transaction allowed
Under normal circumstances remittance of funds through RTGS shall be credited to the beneficiary's account .........
within 30 minutes of funds being remitted by remitting BAnk
On Real time basis
60 minutes of funds being remitted by remitting Bank
In RTGS credit to the beneficiary is given solely based on..............
account number
Name of the Benegiciary
Account number and name of the Beneficiary
The minimum and maximum amount to be remitted through RTGS is Rs .......
Rs 1 lakhs/Max Nil
Rs 2 lakhs/max Nil
Rs 2 lakhs/Max Rs 1 crore
RBI stipulated processing charges / service charges for RTGS transactions ....
Outward transactions – ₹ 2,00,000/- to 5,00,000/- : not exceeding ₹ 20/-; (exclusive of tax, if any)
Above ₹ 5,00,000/- : not exceeding ₹ 50/-. (exclusive of tax, if any)
Outward transactions – ₹ 2,00,000/- to 5,00,000/- : not exceeding ₹ NIL; (exclusive of tax, if any)
Above ₹ 5,00,000/- : not exceeding ₹ 49.50/-. (exclusive of tax, if any)
Outward transactions – ₹ 2,00,000/- to 5,00,000/- : not exceeding ₹ 24.50/-; (exclusive of tax, if any)
Above ₹ 5,00,000/- : not exceeding ₹ 49.50/-. (exclusive of tax, if any)
The acronym UTR stands for................
Unique Transaction Reference
Unique Transfer Reference
Unified Transfer Reference
Unique Transaction Reference (UTR) number is a ........ character code used to uniquely identify a transaction in RTGS system.
21
11
22
The Legal Entity Identifier (LEI) is a .......digit number used to uniquely identify parties to financial transactions worldwide.
20
11
21
All payment transactions of value ₹ ...........and above undertaken by entities (non-individuals) should include remitter and beneficiary LEI information from April 1, 2021.
10 crore
5 crore
50 crore
The operating hours of NEFT are.............
12 hours
24x7x365 basis
Only during Banking hours
Foreign DDs are issued payable ...............
at any place in India
at overseas centre
Only by Foreign Banks operating in India
Request for cancellation of the DD can be made by.............
Purchaser of the DD
Payee of the DD
Any one in possession of the DD
Acronym ECS stands for..............
Electronic container service
Electronic Clearing System
Electronic Clearing Service
ECS facilitates bulk transfer of monies from ..................................
one bank account to many bank accounts
one bank account to many bank accounts or vice versa.
Only debits from one account to another
The variants of ECS are..............
ECS Credit and ECS Debit.
ECS Credit only
ECS Debit only
MICR code on a cheque is an acronym for .........................
Magnetic Info character recognition
Magnetic Ink Character Recognition.
Many Informations Character Recognition
MICR code contains............digits to identify the location of the bank branch
8
6
9
In IFSC code of IDBI Bank, the last ............ digits represent the Branch code.
4
3
6
In a cheque the Drawee is always the.........
Person to whom the amount is payable
Bank with which the issuer is having acount
Person who has drawn the cheque
The validity of the Demand draft is restricted to........... months from the date of Issue.
3
6
9
Under Indo Nepal Remittance scheme funds can be moved ...........
From India to Nepal
From Nepal to India
Both ways
One of the following is not a type of cash management service. Identify.
Cash collection service
auto sweeping facility
cash delivery at customer's premises
