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WorksheetsENTRY TEST FOR JOINT MANAGERS & CREDIT OFFICERS BA BAREILLY
Total questions: 36
Worksheet time: 18mins
What are KYC guidelines regarding the enrichment of Beneficial Owner information in case of a Partnership Firm?
Ownership of more than 25% of shares or capital or profits
Ownership of more than 15% of shares or capital or profits
Ownership of more than 5% of shares or capital or profits
Ownership of more than 50 % of shares or capital or profits
Branches to invariably to update customers identification data (including photos) after account is opened in case of Low-Risk Customers in
once in Ten Years
Once in Eight Years
Once in Five Years
Once in Two Years
The STR will have to be furnished to FIU-IND after concluding that any transaction, whether cash or non-cash or a series of transactions integrally connected are of suspicious nature
Within 30 Days
Within 15 Days
Within 10 Days
Within 7 Days
Under the KYC guideline, banks need to conduct EDD- Enhanced due Diligence, in all the following cases except in the case of
Politically exposed persons or Non-resident customers.
Non face to face customers
Firm with sleeping partners
Individual customer with small deposits
How many times do branches need to generate OFFSOL reports in the finacle
3
5
4
2
Which of the following Reports is/are to be furnished to FIU-IND
Cash Transactions Report (CTR)
Suspicious Transactions Report (STR)
Counterfeit Currency Report
All of the above
What is the Discretionary Administrative Power of the Scale IV branch Head to settle the death claim of the customer having Nomination
50 LACS
20 LACS
25 LACS
FULL POWER
What is the menu for the generation of the AML Suspect report?
AMLRPT
BOBRPT
SUPPLE
HEXCPRPT
Review of the Risk categorization of each customer to be carried out every _________ interval, as per the RBI directions.
3 Months
6 Months
12 Months
24 Months
What is the periodicity of Internal Audit for a Low-Risk category Branch not in Concurrent Audit?
12 months
9-12 months
15-18 months
12-15 months
90
30
60
120
40
30
15
60
90
Before next inspection
Audit & Inspection is the ........................under 3 lines of defence model given by our Bank.
1st line
2nd line
3rd line
none of these
All
Role of Internal Audit does not include-
Identification of various risk in Branches/units.
Spot rectification of errors, if possible.
to provide risk rating
to penalize for the frauds committed by staff, if any
All of these are work of internal Audit
If a branch is awarded High Risk under Business Risk Rating & Low Risk under Control Risk Rating, the Overall Risk category of Branch will be-
Low
Medium
High
Very High
Can not decide
If a branch is awarded Medium Risk under Business Risk Rating & Medium Risk under Control Risk Rating, the Overall Risk category of Branch will be-
Low
Medium
High
Very High
Extremely High
TAT for closure of Audit cycle for Branches having credit portfolio of Rs.100 crore and above is ------- Days.
30
45
60
90
How many documents have been kept in Officially Valid Documents category by RBI?
5
6
4
7
Risk categorization of customers based on actual
turnover in the account of the customer is done on --------- basis?
Quarterly
Half Yearly
Yearly
Monthly
Whoever commits the offense of Money Laundering shall be punishable with rigorous imprisonment for a term which shall not be less than-------- Years.
1
2
3
5
Records of customer transactions are to be kept for a minimum period of _______ years after closure of account.
2
3
5
10
The _____________ is the global money laundering and terrorist financing watchdog.
Financial Action Task Force (FATF)
International Monetary Fund (IMF)
World Bank
Basel Committee on Banking Supervision(BCBS)
How many Zero Tolerance area in our Bank?
12
15
10
17
The RCO Shall visit _______ % of the Branches in a Quarter for On site compliance Test checking?
15
25
30
50
