WorksheetsKYC AML CASH
Total questions: 20
Worksheet time: 10mins
If the customer is a company, then the BO is the natural person having ownership of/entitlement to more than ------- percent of the shares or capital or profits of the company.
15
10
20
18
The balance at any point of time should not exceed Rs.-------- in Small Account
100000
20000
10000
50000
Which one is NOT an OVD?
Driving license
Voter ID
Ration Card
Passport
Which is NOT a primary identifier?
Name
Fathers Name
Nationality
Date of Birth
Accounts of Politically exposed persons can be opened at
Branch Level (A)
RO level Only (B)
Both A & B
None of them
In HNI customer average quarterly balance in SB ac is?
Exceeding 100 lakhs
Exceeding 25 Lakhs
Exceeding 50 Lakhs
Exceeding 5 Lakhs
Accounts of Non Face-to-Face customer (Other than customer on boarding under eligible sections) are classified under?
Low Risk
Medium Risk
High Risk
No Risk
For Walk-In customer the amount of transaction can be allowed upto?
50000
40000
100000
25000
Diamond, Bullion Dealers & Jewelers are classified under?
High Risk
Low Risk
Medium Risk
No Risk
Re-KYC has to be done for Medium risk customer in ----years from date of CIF creation or Last Re-KYC date, whichever is later.
5 Year
8 Years
10 Year
2 Year
Which is not TRUE Regarding Money Laundering?
Conversion of illegally obtained money through series of complex transactions so as to hide the origin
Every year, huge amounts of funds are generated from illegal activities. These funds are mostly in the form of cash
Money laundering is the process that criminals use to erase the connection between the crime and the money, concealing the criminal source of the funds.
All Are correct
Physical disposal of bulk cash derived from illegal sources by depositing it in domestic banks or other FIs in single A/C or in no of A/Cs in small amounts in large no of times- This is known as------ in money laundering.
Placement
Layering
Intergration
Structuring
Cash Transactions of 10 Lakhs and above we have o report in -----?
CTR
STR
Counterfeit not report
No need to report
Accounts of persons having tax residency outside India other than USA is reportable under-----
CRS
FATCA
CTR
STR
a banknote, of which a portion is missing or which is composed of more than two pieces
Soiled Note
Mutilated note
Imperfect Note
Fake Note
´ A mutilated note which has been formed by joining a half note of any one note to a half note of another note
Imperfect Note
Mismatched Note
Soiled note
None of them
Which is wrong regarding Process of Adjudication – Denomination upto Rs. 20/-
Single largest undivided piece -More than 50% of the area - Full Value
Single largest undivided piece -More than 40% of the area - Full Value
Single largest undivided piece less than 50% -Reject
Which is wrong regarding Process of Adjudication –Denomination Rs 50/- and above, Area of single largest undivided piece :-
More than 80% - FV
40% - 80% - Half Value
-Less than 40% - Reject
All Are Correct
Which is wrong regarding the disposal of HV and rejected notes
In no case they shall be kept deposited with the FV paid notes in the chest along with Chest balance.
´HV & Reject – to be preserved for 3 Years
Shall be kept separately along with the cash balance of the branch.
These notes may be sent separately to Claims Section, ID, RBI
--- or more pieces in a single transaction – the counterfeit notes to be forwarded immediately by Nodal Officer to police authorities for investigation by filing FIR
4
5
3
6
