Worksheetsbankquize1
Total questions: 60
Worksheet time: 30mins
Name
Class
Date
1.
Which of the following is not a negative implication of failing to link a PAN and Aadhaar before latest deadline given by Central Board of Direct taxation?
a)
In case of existing accounts, FORM60/15G/15H
will not be acceptable in these accounts.
Hence, TDS will be charged at higher rate.
b)
The account of customer will become "Inoperative" and shall only become active on linking of PAN with Aadhaar
c)
Transactions mentioned under Rule 114 B of lncome Tax are not allowed to be carried out.
d)
As the PAN will become inoperative, New Account Opening of existing customers/new customers will not be allowed as w.e.f. from 01.04.2022 at the time of PANVAL
branches/offices have to check and ensure the PAN status as "ACTIVE".
2.
What is the finacle menu for issuance/generation of notices to be sent to the customer for carrying out periodic updation (Re-KYC) -
a)
HRCREP
b)
HRMREP
c)
HKYCREP
d)
HCUSTRP
3.
UCIC stands for -
a)
Unique Corporate ldentification Code
b)
Unique Consumer ldentification Code
c)
Unique Cluster ldentification Code
d)
Unique Customer ldentification Code
4.
What should be the treatment for "present obligation that probably requires an outflow of resources and a reliable estimate can be made of the amount of obligation" (Probable claim)
a)
Provision should be recognized and disclosed, but there is no contingent liability.
b)
No provision should be recognized.
Disclosures are required for the contingent liability.
c)
Needs no treatment being contingent.
d)
No provision should be recognized and no disclosure is required.
5.
Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit has been extended up to and is effective from
a)
31.03.2023 and
01.10.2021
b)
31.03.2024 and
01.09.2021
c)
31.03.2024 and
01.10.2021
d)
31.03.2023 and
01.09.2021
6.
Which one of the following is NOT a channel for application of Digital Baroda Kisan Credit Card
a)
Baroda Kisan Platform
b)
bob World
c)
BC point
d)
Bank's Website
7.
As per Policy for Empanelment of Direct Selling Agents (DSAs) for Retail Loans, age of applicant should be minimum years.
a)
21
b)
20
c)
18
d)
16
8.
When should branch inform the date of disbursement (in eligible accounts) to respective ZIAD & concerned controlling authorities with a copy to CIAD on e-mail stating the name of account and limit sanctioned for timely conducting of Credit Audit?
a)
Within 30 days from disbursement
b)
Within 15 days from disbursement
c)
Within 7 days from disbursement
d)
On the same day
9.
Which of the following event will NOT be deemed as Willful Default event -
a)
Borrower defaulting on payments/ repayment obligation when it has the capacity to honour the said obligations.
b)
Borrower who deals in trading of machinery paying for purchase of machinery from Cash Credit Account.
c)
Borrower investing Cash Credit funds in Group Concern in form of loans and then writing off the same without any efforts to recover the same.
d)
Defaulting on repayment obligations and disposing off or removing the movable fixed assets or immovable property given for the purpose of securing a term loan without the knowledge of the bank / lender.
10.
An is the one who involved in the routine management of the company as well as a full time employee of the company and salaried. They can also be called as Internal Directors
a)
Nominee Director
b)
Executive Director
c)
Non-Executive Director
d)
Independent Director
11.
State TRUE or FALSE -
Once the principal borrower expires, bank cannot declare the legal heirs as wilful Defaulter though bank has the right to recover from the legal heirs if the legal heirs inherited any property/ assets.
a)
TRUE
b)
FALSE
12.
While dealing with Education Loans for studies abroad required by staff members and their relatives 100 % collateral free loan up to Lac can be provided for studying in Non- premier institutions.
a)
20 Lakh
b)
30 Lakh
c)
40 Lakh
d)
50 Lakh
13.
shall be the authority for resolution of any disputes/clarification regarding payment of fees, terms of empanelment and the decision taken by them shall be final and binding on the DSA (Direct Selling Agent).
a)
Branch Head
b)
Regional Authority
c)
Zonal Authority
d)
Baroda Corporate Centre
14.
Our Bank has Introduced "ILMS software portal" for incorporation/updation of Litigations filed against the Bank. ILMS stands for -
a)
Initial Litigation Management System
b)
Integrated Litigation Management System
c)
Institutional Litigation Management System
d)
Internal Litigation Management System
15.
For the 1st quarter of FY 2022- 23 i.e. from 01.04.2O22 to 30.06
.2022, Senior Citizen Savings Scheme rate is decided to be -
a)
7.4 % p.a. compounded
quarterly
b)
7.4 % p.a.
compounded annually
c)
7.4 % p.a.
compounded semi- annually
d)
7.4 % p.a. simple interest
16.
It has been mandated for all PSBs to provide an online lead generation portal to BCs to further improve the Ease of Banking for the general population under ranking published by IBA and BCG.
a)
EASE 2.0
b)
EASE 3.0
c)
EASE 4.0
d)
EASE 5.0
17.
Which among the following is not the objective of the Online Lead Generation Module of BCs?
a)
Assist customers who are not digitally well- versed but seeking loans from our Bank.
b)
Easy access to customers (ETB & NTB) to various loan products of the Bank.
c)
Address the Pre- Sanction Inspection issues and plug the revenue leakages.
d)
Centralized payment of Incentive to BCs upon successful conversion of leads.
18.
Which of the following Agriculture loan products are available for online lead generation at BC Point?
a)
Tractor Loan
b)
Four Wheeler & Two Wheeler Loan to farmers
c)
Gold Loan & BKCC
d)
All the above.
19.
For Sourcing Credit Card leads what is the commission payable to BC on Activation of Credit Card?
a)
Rs. 10/-
b)
Rs. 20/-
c)
Rs. 30/-
d)
Rs. 80/-
20.
After the introduction of the Online Loan Lead Generation Module for BCs, branches can accept leads from BCs through both the modes i.e. Offline and Online?
a)
TRUE
b)
FALSE
21.
Incentive to BC for successfully converted loan/ other business leads generated by them shall be paid centrally by ’
a)
Regional Office
b)
Zonal Office
c)
Financial Inclusion & CSR Department, Head Office, Vadodara
d)
Baroda Corporate Office, Mumbai
22.
What is the incentive payable to BC for the generation disbursement of lead for Four wheeler loan to farmer?
a)
Rs. 500/-
b)
Rs. 1000/-
c)
Rs. 1500/-
d)
Rs. 3000/-
23.
What is the incentive payable to BC for the generation disbursement of lead for a Two-wheeler loan to the farmer?
a)
Rs. 250/-
b)
Rs. 500/-
c)
Rs. 750/-
d)
Rs. 1000/-
24.
What is the Incentive Payable to BC for Gold Loa Lead generation and disbursement?
a)
0.10 % of the loan amount, Min: Rs. 25/-
Max Rs. 1000/- per account.
b)
0.10 % of the loan amount, Min: Rs.
100/- Max Rs. 1000/-
per account.
c)
0.10 % of the loan amount, Min: Rs. 25/- Max Rs. 1500/- per account.
d)
0.10 % of the loan amount, Min: Rs.
100/- Max Rs. 1500/-
per account.
25.
BC can capture the leads for Customers in both categories i.e. Existing to Bank (ETB) and New to Bank (NTB)?
a)
TRUE
b)
FALSE
26.
In case of Online Loan Lead Generation by BCs for the
and , customer consent vide OTP has to be entered by the customer
a)
Mutual Fund & Credit Card
b)
Insurance & Mutual Fund
c)
Credit Card & Insurance
d)
Mutual Fund and Demat
27.
In case of online lead generation for the current account by BC, where all requisite documents are obtained, Branches shall forward the duly filled application and other documents to RBO.
a)
True
b)
FALSE
28.
For Gold Loans, SHG Linkage loans and BKCC loans below Rs.1.00 lakh though the Disposition type - Eligible and Sub Disposition type - "sent to LLPS" Branches have to manually sanction and disburse the amount in CBS.
a)
TRUE
b)
FALSE
29.
Branches upon successful opening of current account at RBO level, shall update Disposition type - as "Account
" in CRM portal.
a)
Unfreezed
b)
Opened
c)
Disposed
d)
Activated
30.
MIS will be generated on basis by Financial Inclusion & CSR Department HO, Vadodara from the CRM portal for Lead Management.
a)
Daily
b)
Weekly
c)
Fortnightly
d)
Monthly
31.
Incentive shall be paid to BCs separately for successfully converted leads.
a)
TRUE
b)
FALSE
32.
For BKCC lead generation by BC, the incentive shall be payable on the accounts sanctioned for and above.
a)
Rs. 1000/-
b)
Rs. 5000/-
c)
Rs. 10000/-
d)
Rs. 25000/-
33.
What is the incentive payable to BC for online lead generation for BKCC?
a)
0.50% of loan amount subject to a minimum of Rs. 25/- and maximum Rs. 5000/-
b)
0.10% of loan amount subject to a minimum of Rs. 25/- and maximum Rs. 5000/-.
c)
0.50% of loan amount subject to a minimum of Rs. 100/- and maximum Rs. 5000/-.
d)
0.10% of loan amount subject to a minimum of Rs. 100/- and maximum Rs. 5000/-.
34.
For Sourcing Credit Card leads what is the commission payable to BC on Application Login?
a)
Rs. 10/-
b)
Rs. 20/-
c)
Rs. 30/-
d)
Rs. 80/-
35.
Add on card i.e. credit card applied for a separate family member with the same application form is counted as single application and BC will not be eligible for additional incentive for Add on card.
a)
TRUE
b)
FALSE
36.
Concessional Processing Charges in Baroda Home Loan effective from 18.04.2022 to 30.06.2022 for lead sourced through Digital Channel is
a)
100% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.7500.00 + GST (Per
Property)
b)
50% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.7500.00 + GST (Per
Property)
c)
100% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.8500.00 + GST (Per
Property)
d)
50% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.8500.00 + GST (Per
Property)
37.
Concessional Processing Charges in Baroda Home Loan effective from 18.04.2022 to 30.06.2022 for lead sourced through Non- Digital Channel is
a)
100% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.7500.00 + GST (Per
Property)
b)
50% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.7500.00 + GST (Per
Property)
c)
100% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.8500.00 + GST (Per
Property)
d)
50% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.8500.00 + GST (Per
Property)
38.
Concessional Processing Charges in Baroda Top up Loan effective from 18.04.2022 to 30.06.2022 for lead sourced through Non- Digital Channel is
a)
100% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.5000.00 + GST (Per
Property)
b)
100% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.7500.00 + GST (Per
Property)
c)
100% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.8500.00 + GST (Per
Property)
d)
50% waiver in Processing charges,subject to recovery of out of pocket expenses of Rs.8500.00 + GST (Per
Property)
39.
Does Bank of Baroda provide Overdraft in baroda Top up Loan Scheme?
a)
Yes
b)
No
40.
The Baroda Home Loan Top-up Overdraft Facility will be permitted to operate on a reducing limit/drawing power arrangement on the basis
a)
yearly
b)
quarterly
c)
monthly
d)
weekly
41.
In Baroda Home Loan Top-up Overdraft Facility, commitment charges to be levied in case of quarterly average utilization less than of the drawing power
a)
0.4
b)
0.5
c)
0.6
d)
0.7
42.
In Baroda Home Loan Top-up Overdraft Facility, commitment
charges to be levied @ , of
entire unutilized portion
on… basis
a)
0.50%, monthly
b)
0.5%, quarterly
c)
0.60%, monthly
d)
0.6%, quarterly
43.
If existing Home loan top up borrowers wish to convert their facility to OD limit , the same may be considered by branches for remaining available tenor as per their eligibility, subject to one time charges of Rs.2500/- after obtaining required documentation for OD facility. ZOCC may waive this charge.
a)
TRUE
b)
FALSE
44.
At a time both the Top Up facilities (Term loan and OD facility) can be live.
a)
TRUE
b)
FALSE
45.
The Scheme Code for Baroda Home Loan Top-up Overdraft Scheme is
a)
OD043
b)
OD0044
c)
OD045
d)
OD046
46.
Opening Baroda Home Loan Linked SB Account (SB152) is enabled through TAB Banking - ‘Baroda
TABIT’.
a)
TRUE
b)
FALSE
47.
Free Personal Accident lnsurance to new Home Loon borrowers / co- borrowers w.e.f. 01.01.2022 will be serviced by
a)
The New lndia Assurance Co. Ltd.
b)
United lndia lnsurance Co.
Ltd.
c)
IndiaFirst Life Insurance Company
d)
No such Policy exists
48.
Free Personal Accident lnsurance to Home Loon borrowers / co- borrowers upto 31.12.2021 will be serviced by
a)
The New lndia Assurance Co. Ltd.
b)
United lndia lnsurance Co.
Ltd.
c)
IndiaFirst Life Insurance Company
d)
No such Policy exists
49.
The Sum Assured under Group Personal Accident lnsurance Cover is the amount outstanding in the Loan occount(s) upto Maximum of
............. including the principal, interest, additional penal interest, charges and/or any other amount due and payable by the Borrower(s) / Co-borrower (s) as on date of the accident which has led to the loss of life or permanent total disablement of the insured borrower(s).
a)
Rs. 5.00 Crores
b)
Rs. 10.00 Crores
c)
Rs. 25.00 Crores
d)
Rs. 50.00 Crores
50.
Maximum Baroda Home Loan Limit for purchasing a property in Mumbai is
a)
Rs.3.00 Crore
b)
Rs.5.00 Crore
c)
Rs.7.50 Crore
d)
Rs.20.00 Crore
51.
Maximum Baroda Home Loan Limit for purchasing a property in Other Metros (Hyderabad, New Delhi, Bengaluru) is
a)
Rs.3.00 Crore
b)
Rs.5.00 Crore
c)
Rs.7.50 Crore
d)
Rs.20.00 Crore
52.
Maximum Baroda Home Loan Limit for purchasing a property in Urban Centres is
a)
Rs.3.00 Crore
b)
Rs.5.00 Crore
c)
Rs.7.50 Crore
d)
Rs.20.00 Crore
53.
Maximum Baroda Home Loan Limit for purchasing a property in Tri- City in Chandigarh Region is
a)
Rs.3.00 Crore
b)
Rs.5.00 Crore
c)
Rs.7.50 Crore
d)
Rs.20.00 Crore
54.
The URL for DSAs/Dealers for onboarding of prospective borrowers in the Digital Lending Platform is
a)
https://dil.bankofbaroda.in
/partnerLogin
b)
https://dil.bankofbaroda.in
/banker
c)
https://dil.bankofbaroda.in
/dsa
d)
https://dil.bankofbaroda.in
/dealer
55.
If the cost of house/dwelling unit does not exceed , we may add stamp, documentation and registrations charges to the cost of house for the purpose of calculating margin & LTV ratio.
a)
Rs. 5 lacs
b)
Rs. 10 lacs
c)
Rs. 15 lacs
d)
Rs. 25 lacs
56.
GST, Stamp duty, Registration charges, other documentation charges and other expenses like Life Insurance premium etc. should be included in the cost of house property to calculate margin / LTV ratio
a)
TRUE
b)
FALSE
57.
In case ECS credits are not successful and the customer intends to register fresh mandate, then branch users to delete the existing ECS mandate in Finacle system by invoking menu
a)
HECS
b)
HECSD
c)
HECSM
d)
HECSI
58.
How many number of times a borrower can avail Baroda Top-up loan during entire tenure of Home Loan?
a)
Once
b)
twice
c)
thrice
d)
5 times
59.
No deviation is required in Home Loan borrower cases where Credit card status write-off/ settlement involving amount upto
a)
Rs. 5,000/-
b)
Rs. 10,000/-
c)
Rs. 15,000/-
d)
Rs. 25,000/-
60.
What are the charges applicable towards considering “Deviation” in home loan?
a)
Rs.1,000/- per deviation with a maximum ceiling of Rs.5,000/-
b)
Rs.1,500/- per deviation with a maximum ceiling of Rs.5,000/-
c)
Rs.2,000/- per deviation with a maximum ceiling of Rs.10,000/-
d)
Rs.2,000/- per deviation with a maximum ceiling of Rs.15,000/-
100 %
