Page 49 - Banking Finance May 2019 N

BANK PROMOTION

BANKING PROMOTIONAL EXAM SAMPLE

QUESTIONS – SERIES 10

1. In Annual information Return in form 61A ,the banks showing overdraft of Rs.850/- Inspite of repeated
(other than RBI) have to report request he failed to adjust the account The counter
1) cash deposits in an account for a FY is 10 lakhs or more clerk informs you that Mr. Arrogant is having a saving
2) cash deposits in a FY is 10 lakhs or more in a SAVINGS bank account with the branch, which is showing a
account balance of Rs.1050/-. On the instructions of the
3) Credit card transaction in a FY is 2 lakhs or more Manager, the amount outstanding in OD account is
4) Purchase of RBI bonds for Rs 5 lakhs and above in a FY adjusted by transfer from saving bank account. The
5) 1 to 4 Manager has exercised the:
6) 2 & 3 only 1) Right of Set-off
2) Bankers lien
2. An illeterate NRI working in Gulf, on his temporary 3) Bankers right of appropriation
visit to India approaches your branch and wants to 4) Bankers special lien
open a Non Resident account. Which of the
following account will not be allowed: 6. Stamp Duty applicable on a promissory note payable
1) NRE 2) FCNR otherwise than on demand depends on:
3) NRO 4) RFC 1) Amount only
2) Tenor only
3. In which of the following nomination facility is not 3) Amount and as per state Stamp Act
allowed : 4) Amount and usance period
1) Non Resident Ordinary account
2) Non- Resident External account 7. Bank's Lien is :
3) FCNR 1) Contigent Lien 2) Particular Lien
4) Resident Foreign Current account 3) General Lien 4) B and C
5) None of the above 5) All of the above

4. Ajay endorses the cheque in favour of Bhawana who 8. High value clearing refers to cheques of:
further endorses the cheque to Chetna. However 1) Rs.1,00,000 and above 2) Rs.50,000 and above
Bhawana dies before handling over the instrument 3) Rs.10,00,000 and above 4) None of these
to Chetna. How can the executor of Bhawana
transfer the cheque to Chetna? 9. A valued customer Sh. Rammohan had taken loan
1) Fresh endorsement against National Savings Certificate from your branch
2) Delivery only Sh. Rammohan had made nomination in favour of
3) Re-endorsement and delivery his wife. The bank before giving the loan had got
4) None of the above the lien marked at the post office. You are now
informed that Mr. Rammohan has since expired. How
5. Mr. Arrogant is having a current overdraft account will you recover the amount:

BANKING FINANCE | MAY | 2019 | 49