Question Answer (Assorted Type) II
|
|
- Egbert Sutton
- 5 years ago
- Views:
Transcription
1 Question Answer (Assorted Type) II 101) The amount in a cheque is written differently in words and figures and amount written in words is higher of the two: Amount written in words will be paid. 102) While paying a bearer cheque, signatures are obtained on the back side of cheque. As evidence of payment 103) Bank note which is misprinted by RBI is replaced by issuing a note: Star series 104) In CDR category-1, what type of loan accounts are eligible: Standard & sub-standard. 105) Sales / debtor ratio is called ratio. It indicates : Debtor-turnover, efficiency of collection of debtors. 106) All accounts of loans & advances which are purchased by Head Office from other banks/financial institutions and are maintained at branches are called: Asset Pool Accounts. 107) Gross working capital is nothing but: Current Assets 108) Net Working Capital is equal to: Long term sources Long term uses 109) Risk weight for UCO Cash loan (Personal loan): 125% 110) Risk weight for bill purchased under LC, for capital adequacy purposes is: 20% 111) What is the right of nominee in case of term deposit that has not matured: To obtain premature payment and not raising loan against the security of such term deposit 112) Pre-shipment credit is available in which type of letter of credit: Red clause 113) Quarterly financial results of companies and banks are to be declared / published under directions of: SEBI 114) RBI injects liquidity through: Repo 115) Subsidy under PMEGP Scheme for general category in Urban areas is: 15% 116) What is full form of FRBM: Fiscal Responsibility & Budget Management Act 117) Relationship between bank and customer when goods left by mistake in the bank: Trustee & beneficiary 118) Priority sector target for foreign banks: 32% of ANBC 119) NSC pledged with post office with nomination fvg X. Bank s claim against these NSCs: Will have priority 120) Legal status of nominee is that of a: Trustee for legal heirs 121) M, a minor admitted for benefits in a firm wants to withdraw from the firm on attaining majority. How much time is available to him to do so: 6 months from date of majority or 6 months from date of information to him that he was admitted for benefits, whichever is later. 122) Loan to minor can be given in the following case (a) against BD (b) against LIC policy (c) in the name of minor (d) in the name of father : in the name of father 123) Working Capital Gap is: Total Current Assets less Total Current Liabilities other than bank borrowings.
2 123) Mortgagee enjoys the income of the mortgaged property in case of which mortgage: Usufructuary 124) Hypothecation becomes pledge: when goods are given for possession to the bank, by the borrower. 125) Which scheme abolished with introduction of senior citizen deposit scheme: Varishat Bima Pension Yojna 126) Interest on working capital loan is: variable cost 127) Which type of fraud case is not to be reported: Theft and burglary. 128) There is excess cash with the cashier while closing the cash balance in the evening. It is to be deposited in: Sundries account (credit balance). 129) Which document is required to be attested (witnessed) (a) mortgage deed (b) pledge agreement (c) Hypothecation agreement: Mortgage deed 130) Interest on term loan is: fixed cost. 131) A, B and C want to open a joint account with the provision that after death of any of them, the money should not be paid to any legal heir, what mode of operation should be opened : Either or any of them 132) External Commercial Borrowings (ECB) can be raised under automatic approval by (a) companies (b) firms: Companies 133) Borrowing power of Board of Directors is described in: Articles of Association. 134) Doctorine of Ultravires borrowing relates to: Borrowing by a company for an activity, which it is not authorized to undertake as per its Memorandum of Association 135) Loan of Rs obtained by the depositor against an FDR. Minor to be appointed nominee in the account: Can be done after repayment of the loan. Terms of deposit account not allowed to change during loan.period. 136) The no. of members in a SHG in SGSY in normal cases: ) Authorized capital is Rs.10lac. Paid up capital Rs.6lac. The loss of previous year is Rs.1lac. Loss in current year is Rs.2lac. The tangible net worth is: Rs.3lac 138) Net working capital is Rs Current ratio is 3:1. The current assets are: ) Right to retain goods is called: Lien 140) For obtaining loan against shares, the Charge on shares: Lien 141) A director of the bank wants to raise loan from your bank against (a) FDR of other bank (b) share of same bank(c) surrender value of Life Policy. Loan can be given against: Surrender value of Life Policy. 142) Keeping goods in safe custody is as per provisions of (a) NI Act (b) Indian Partnership Act (c) Indian Contract Act: C 143) No dues certificate in case of agricultural advances is exempted up to a loan of: Rs ) Liability of a coparcener in case of loan raised by HUF is: Restricted to his share in HUF property/assets. 145) In KYC guidelines, the small account where simple KYC is applicable is those account where the amount deposited in the account is restricted to (a) Rs (b) Rs.1 lac: Rs.1 lac 146) In case of SMEs, the registration is mandatory in case of (a) medium enterprises in servicing (b) small manufacturing enterprises (c) manufacturing medium enterprises: C
3 147) A company has been sanctioned cash credit-pledge limit. Internal auditor finds that charge has not been registered with Registrar of Companies in time. In how much time it is to be done: In case of pledge, registration with ROC is not required. 148) Loan system of credit delivery is not applicable in case of: Software industry 149) To sell an NPA, the account must remain in the books of seller bank: for 24 months as NPA 150) One of these is an indirect rate (a) one $ = Rs (b) one pound = Rs , (c) one yen = Rs (d) Rs.100 = $ 2.60: (d) 151) Which crossing is not recognized by NI Act (a) Special (b) payee s account (c) not negotiable: b) 152) Which among the following can open an Resident Foreign Currency account (a) NRI (b) Resident (c) Erstwhile NRI now resident (d) none : C 153) A loan document is signed by one partner on June 15, 2007, by 2nd partner on June 21 and by 3rd partner on June 29. The period of limitation will start from: June 30, ) In CAMELS, the word C stands for: Capital Adequacy Ratio 155) A partner wants to retire from the firm XYZ. He has to (a) get consent of other partners (b) has implied authority to retire (c) has to give public notice (d) can retire when desired by him by giving notice to other partners : A 156) Service Area approach guidelines withdrawn by RBI except of Govt. sponsored Scheme as per recommendations of: VS Vyas Committee 157) Govt. shareholding in public sector banks cannot be below: (a) 33% (b) 51% (c) 74% (d) 100: b 158) For micro & small enterprise, the value of is excluded while calculating the value of plant and machinery or equipment : Land & building. 159) Registration of partnership firm is not compulsory but banks prefer registered firms because (a) they can file suit against them (b) creditors can file suit against them (c) they can file suit against their debtors : C 160) Ombudsman can ignore the case of complaint where (a) advocate of applicant has appealed (b) complaint is of frivolous in nature: b 161) Company increases its net worth by revaluation of assets by Rs Existing Debt equity ratio was 2:1. the new debt equity ratio would be, if long term liabilities are Rs.80000: 0.9:1 162) As per our Bank s Loan Policy, DSCR should not go below: 1.5:1. 163) Minimum margin stipulated in the case of 1 st method of lending: 25% of Working Capital Gap. 164) A cheque is issued by a company as pay yourselves. A clerk from the company comes and signs on behalf of the company and requests for preparation of a demand draft : Cannot be prepared. 165) Internal rate of return is: A discount rate, at which the net present value of a project is Zero. 166) Export credit target under priority sector for Foreign Banks: 12% of ANBC or Credit Equivalent amount of off balance sheet exposure, whichever is higher. 167) Target for advances to weaker sections under priority sector for domestic commercial banks is: 10% of ANBC
4 or Credit Equivalent amount of off balance sheet exposure, whichever is higher. 168) Loans to farmers through Primary Agricultural Credit Societies (PACS) is: Indirect Agriculture advance. 169) Enterprises engaged in providing/rendering of services and whose investment in equipment does not exceed Rs10lac: Micro (Service) Enterprises. 170) Hypothecation defined under which act: SARFAESI Act. 171) If TDS is not deducted, what is the penalty: Bank to pay the amount with 1% p.m. simple 172) Enterprises engaged in providing/rendering of services and whose investment in equipment does not exceed Rs2crore: Small (Service) Enterprises. 173) What charge is to be created for demat shares with bank as security: Lien 174) Microsoft has instituted its base/ facility office at: Hyderabad 175) If the date under LC is mentioned as on or about shipment will go within or when.. (5 days before and 5 days after ) 176) If a guardian is appointed by court before minor attains 18 years of age, he continues to be a minor till completion of years of age: ) Certificate of commencement of business is required for opening of bank account of: public limited company. 178) The minimum and maximum number of shareholders are & respectively in case of private limited Companies: 2 & ) For the purpose of Medical Treatment, how much amount can be remitted freely: USD ) How much amount a company can invest abroad: 400% of net worth 181) What is the DICGC premium for deposit insurance in banks? : 5 paisa per Rs100 per half year. 182) DICGC does not insure deposits of: Foreign, central, state governments & Inter-bank deposits. 183) BSE- SENSEX consists of 30 blue chip company Shares whereas NSE Nifty consists of 50 shares. 184) Which card can be used without linking to a bank account? : Smart Card. 185) Which ATM can be used without PIN number but with finger tip: Bio-metric ATM. 186) Garnishee order issued in a single name will not attach the balance in: joint accounts. 187) Garnishee order is not applicable: on the items of safe custody or safe deposit lockers. 188) If ATF (Air Turbine Fuel) becomes declared goods, sales tax on ATF throughout the country will be uniform: 4% 189) The concept of 90 days delinquency period norm of NPA was made applicable wef ) What are the Repo & Reverse Repo rates: 8% & 7% 191) What are CRR & SLR: 4.75% and 24%
5 192) Public Information Officer is required to be appointed under: Right to Information Act. 193) What is the recent change in provision requirement against standard assets? : the provision requirement for all types of standard assets stand reduced to a uniform level of 0.40% except in case of direct agriculture and SME advances by the banks which will continue to attract provision of 0.25%. 194) What is currency future and when it is introduced in India? : Currency future is a standardized future contract with currency as the underlying instrument. It is a contract or agreement to by or sell any currency at a specified future date at a pre-determined price before contract expiry date. Currency future trading launched in India on NSE wef August 29, ) What is the per month salary ceiling for getting bonus? : Rs10, 000/- 196) Certificate course for recovery agents will be conducted by: Indian Institute of Banking & Finance (IIBF), Mumbai. 197) RBI has asked banks to set-up customer panel at branch level comprising: a senior citizen among others. 198) What is VAR? : VAR is an estimate of the maximum loss possible given a pre-determined probability or confidence level and time horizon. 199) Under clause 49, it is binding on the listed companies to fill--- of their boards with independent directors when they have executive chairman and--- when they have non-executive chairman. 50%, one-third. 200) Base Rate system replaced BPLR system: wef 1 st July,
BANKING AWARENESS BANKING OMBUDSMAN
BANKING AWARENESS BANKING OMBUDSMAN Provides independent, expeditious and inexpensive forum to aggrieved bank customers. RBI introduced this scheme under powers granted under Banking Regulations Act 1949.
More informationBanking Awareness Question Bank
Banking Awareness Question Bank 1. Accounts are allowed to be operator by cheques in respect of (a) Both savings bank accounts and fixed deposit accounts (b) Savings bank accounts and current accounts
More informationBANKING AWARENESS BANKING OMBUDSMAN
BANKING AWARENESS BANKING OMBUDSMAN www.bankjobszone.com Banking Ombudsman is an independent, expeditious and inexpensive forum to aggrieved bank customers. RBI introduced this system under powers granted
More informationComprehensive Deposit Policy. IDFC Bank Limited
Comprehensive Deposit Policy IDFC Bank Limited Preamble One of the important functions of the Bank is to accept deposits from the public for the purpose of lending. In fact, depositors are the major stakeholders
More informationHere are the details of JAIIB Sample Papers I job in Indian Institute of Banking & Finance - IIBF
About JAIIB Sample Papers 2012- I Here are the details of JAIIB Sample Papers 2012- I job in Indian Institute of Banking & Finance - IIBF JAIIB Sample Papers 2012 with Answers, Solutions, JAIIB Question
More informationCBOU QUESTION PAPER II
CBOU QUESTION PAPER II 1. Minimum period for Fixed Deposit of Rs. 5000 is a. 7 days b. 15 days * c. 30 days d. 45 days e. 6 months 2. The right of the nominee in a joint deposit arises after the death
More informationPOLICY ON BANK DEPOSITS
POLICY ON BANK DEPOSITS OPERATIONS AND TECHNOLOGY SERVICE DEPARTMENT CENTRAL OFFICE, KARUR 639 002 1 POLICY ON BANK DEPOSITS POLICY TITLE POLICY ON BANK DEPOSITS FRAMED BY BOARD APPROVAL DATE POLICY REVISION
More informationBANK DEPOSIT PRODUCTS
BANK DEPOSIT PRODUCTS KYC - Know Your Customer Strict government guidelines for KYC introduced in 2002 RBI guidelines call for Identity Proof, Address Proof and Signature Proof All Foreign Remittances
More informationPolicy on Bank Deposits
Policy on Bank Deposits - 2017 1. Preamble One of the important functions of the Bank is to accept deposits from the public for the purpose of lending. In fact, depositors are the major stakeholders of
More informationPOLICY ON DEPOSITORS RIGHTS
POLICY ON DEPOSITORS RIGHTS PREAMBLE One of the important functions of the Bank is to accept deposits from the public for the purpose of lending. In fact, depositors are the major stakeholders of the Banking
More informationLEGAL ASPECTS OF BANKING OPERATIONS INDIAN INSTITUTE OF BANKING & FINANCE MODULE A & B
LEGAL ASPECTS OF BANKING OPERATIONS INDIAN INSTITUTE OF BANKING & FINANCE MODULE A & B 10.10.07 **.. Banking is defined in the Banking Regulation Act. Primary function to accept deposit, lend and invest.
More informationAPPLICATION FORM FOR SOVEREIGN GOLD BOND Series II
APPLICATION FORM FOR SOVEREIGN GOLD BOND 2017-18 Series II (Put wherever required) Name of Receiving Office Name of Branch: Mode of Subscription Cash Cheque / DD Electronic Transfer Grams of Gold Applied
More informationLegal & Regulatory Aspects of Banking - JAIIB
Timing: 3 Hours Question : 100 1. Section 49-A of Banking regulation Act makes provisions for (a) declaration of bank rate (b) restrictions on the type of business that the banks cannot undertake (c) no
More informationPolicy (P-01173) Deposits for Credit Suisse Branches in India
Policy () Deposits for Credit Suisse Branches in India /Version 1.1 Scope/Recipients Branches of Credit Suisse AG in India Original Issuance 28 March 2013 Last Revision TBU Issuing Unit APAC (PB India
More informationAPPLICATION FORM FOR SOVEREIGN GOLD BOND 2016
APPLICATION FORM FOR SOVEREIGN GOLD BOND 2016 (Put ü wherever required) Name of Bank/ Post Office Name of Branch: Mode of Subscription Cash Cheque / DD Electronic Transfer Grams of Gold Applied for Cheque
More informationLegal & Regulatory Aspects of Banking - JAIIB
Timing: 3 Hours Question : 100 1. Acceptance of deposits is regulated by Central Govt. under Companies (Acceptance of Deposit) Rules 1975 in respect of: a. Banks b. Companies c. Non-bank finance companies
More informationFinancial Awareness - 1
www.bankjobszone.com Financial Awareness - 1 1. Alice Vaidyan is the Chairman and Managing Director of which of the following Insurance Companies? a) New India Assurance b) Life Insurance Corporation c)
More informationPolicy on Bank Deposits
Policy on Bank Deposits Preamble One of the important functions of the Bank is to accept deposits from the public for the purpose of lending. In fact, depositors are the major stakeholders of the Banking
More informationKISAN VIKAS PATRA RULES, 2014
KISAN VIKAS PATRA RULES, 2014 NOTIFICATION NO. GSR 705(E) [ F.NO.2/4/2014-NS-II ], DATED 23-9-2014 In exercise of the powers conferred by section 12 of the Government Savings Certificates Act, 1959 (46
More informationII. DEMAT ACCOUNT OPENING
II. DEMAT ACCOUNT OPENING 1. What are the benefits of opening a demat account for investors? A demat account has become a necessity for all categories of investors for the following: a. SEBI has made it
More informationDEPOSIT POLICY FOR ABU DHABI COMMERCIAL BANK (INDIA)
DEPOSIT POLICY FOR ABU DHABI COMMERCIAL BANK (INDIA) Page 1 of 10 ABU DHABI COMMERCIAL BANK INDIA Table of Contents Page No. Overview 3 1. Types of Deposit Accounts 3 2. Account Opening and Operation of
More information/Head Office. Sl. Rate of Interest (linked with MCLR- Y) MCLR-Y=8.60% w.e.f Category of Advance
龸 ؼ 맘 κꔰؼ 퀍ᅧ퀍 κ フィート䁯 맘 /United Bank of India 맘 ؼ ᅧ맘맘 /Head Office Rate of interest Chart on various categories of loans and advances linked with MCLR MCLR internal benchmark rate for different maturities
More informationPolicy (P-1173) Deposits Location Policy for Credit Suisse Branches in India
Policy (P-1173) Deposits Location Policy for Credit Suisse Branches in India Scope/Recipients Branches of Credit Suisse AG in India Original Issuance 28 March 2013 Last Revision 28 March 2013 Issuing Unit
More informationDEPOSIT POLICY FOR ABU DHABI COMMERCIAL BANK (INDIA)
DEPOSIT POLICY FOR ABU DHABI COMMERCIAL BANK (INDIA) FEBRUARY 2018 Page 1 of 11 ABU DHABI COMMERCIAL BANK PJSC (INDIA) Table of Contents Page No. Overview 3 1. Types of Deposit Accounts 3 2. Account Opening
More informationForm A. APPLICATION FORM FOR SOVEREIGN GOLD BOND Series III (Put wherever required) Mode of Subscription Cash Cheque / DD Electronic Transfer
Form A APPLICATION FORM FOR SOVEREIGN GOLD BOND 2016-17 Series III (Put wherever required) Name of Receiving Office Name of Branch: Mode of Subscription Cash Cheque / DD Electronic Transfer Grams of Gold
More informationPublic Issue of India Infoline Finance Ltd. NCD
P a g e 1 Q1. What is the nature and size of issue? Issue Related FAQs Ans: Public Issue of Non-convertible Debentures (NCDs) in the nature of Sub-ordinated debt of face value of Rs. 1,000/- per bond with
More informationCCC MODEL PAPER INFOMAX COMPUTER ACADEMY
CCC MODEL PAPER INFOMAX COMPUTER ACADEMY G. R. Complex Preetam Nagar Prayagraj (Allahabad) U.P. Contact : 8874588766, 9598948810 (1 ) Life insurance means A. Insurance of human B. Insurance of life of
More informationFIXED DEPOSIT FORM FOR NON INDIVIDUALS ENTITIES (For Sole Proprietor/Partnership Firm/Corporate/TASC/HUF)
Fincare Small Finance Bank Limited Form Number... FIXED DEPOSIT FORM FOR NON INDIVIDUALS ENTITIES (For Sole Proprietor/Partnership Firm/Corporate/TASC/HUF) (All fields marked with * are mandatory) and
More informationAPPLICATION FORM FOR SOVEREIGN GOLD BOND Series II- (Sept 16) INDIA INFOLINE LTD. Applicant(s) Detail (IN BLOCK LETTERS)
For Office use : YES Green ID: APPLICATION FORM FOR SOVEREIGN GOLD BOND 2016-17 Series II- (Sept 16) INDIA INFOLINE LTD Acknowledgement No. Page 1 of 7 4 digit Branch Code D D M M Y Y Running Sr No Broker
More informationAPPLICATION FORM FOR SOVEREIGN GOLD BOND Series II
APPLICATION FORM FOR SOVEREIGN GOLD BOND 2017-18 Series II (Put wherever required) Name of Receiving Office Name of Branch: Mode of Subscription Cash Cheque / DD Electronic Transfer Grams of Gold Applied
More informationPrinciples And Practices of Banking - JAIIB
Timing: 3 Hours Question : 100 1. The regulatory provisions for banks are not uniformly applicable for all banks. This application depends upon their constitution. The banks can be (a) statutory corporations
More informationDeposits. CA. Pramod Jain_. This document would assist in understanding the requirements for accepting / renewing DEPOSITS under Companies Act, 2013
Deposits CA. Pramod Jain_ B. Com (H), FCA, FCS, FCMA, LL.B. DISA, MIMA This document would assist in understanding the requirements for accepting / renewing DEPOSITS under Companies Act, 2013 17-Aug-15
More informationComprehensive Deposit Policy
Comprehensive Deposit Policy July 2017 Contents 1. Preamble... 3 2. Account Opening... 3 3. Types of Deposit Accounts... 3 3.1 Opening / Operation of Deposit Accounts... 4 3.1.1 Opening of Deposit Account...
More informationDeposit Policy. The deposit products can be categorised broadly into the following types. Definitions of major deposits schemes are as under: -
Deposit Policy Preamble One of the important functions of the Bank is to accept deposits from the public for the purpose of lending. In fact, depositors are the major stakeholders of the Banking System.
More informationContents MODULE I : EVOLUTION OF BANKING
Contents MODULE I : EVOLUTION OF BANKING UNIT- 1 Evolution of Bank and Banking Systems Ancient Banking Pre-historic Age Barter system Bronze Age The money needs banks The first bank in the world- Piggy
More informationDeposits and Deposit Interest Policy - v1 08 February 2018
One of the important functions of a bank is to accept deposits from public for the purpose of lending. This is even more important for Jana Small Finance Bank ( the Bank ), as growth of liability is a
More informationBANK DEPOSITS & DEPOSIT MANAGEMENT
BANK DEPOSITS & DEPOSIT MANAGEMENT Samir K Mahajan Bank Deposits Banks accepts deposits from the public. Banks deposits are classified by type of customers, the tenure and its cost to the bank. Based on
More informationService Charges - (Updates up to 01/07/2017) : Rates in INR (I) SAVING DEPOSIT ACCOUNT A)OPENING & MAINTENANCE OF MINIMUM BALANCE IN THE ACCOUNT
Service Charges - (Updates up to 01/07/2017) : Rates in INR Particulars (I) SAVING DEPOSIT ACCOUNT A)OPENING & MAINTENANCE OF MINIMUM BALANCE IN THE ACCOUNT Service Charges Rs.10/- i) GREATER SWEEKAR SAVING
More informationRegistered Office : 301, Center Point, Dr. Babasaheb Ambedkar Road, Parel, Mumbai
Registered Office : 301, Center Point, Dr. Babasaheb Ambedkar Road, Parel, Mumbai - 400 012. Form A2 Application Number APPLICATION FORM FOR GOVERNMENT OF INDIA 8 % SAVINGS (TAXABLE) BONDS, 2003 Broker
More informationIFCI Financial Services Limited Application Form
APPLICATION FORM FOR SOVEREIGN GOLD BOND 2015-16 IFCI LTD APPLICATION FORM For Office use : GL Ref ID Kscope Tran. ID Issue opens on: Issue closes on: Broker code Channel Code Branch code (For YES Bank
More informationOFFER DOCUMENT ISSUE OF LONG TERM (SUBORDINATED) DEPOSITS (LTD) (Series-V) UNDER LOWER TIER - II CAPITAL.
Registered and Corporate Office:- Corporate Center, Ekanath Thakur Bhavan, Plot No. 953, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025 Tel. No. : +91-22 - 6600 5555 Website : www.saraswatbank.com
More informationA Presentation on Documentation SNG & PARTNERS
A Presentation on Documentation By SNG & PARTNERS Today s Agenda GUIDELINES AND OPERATING INSTRUCTIONS ON DOCUMENTATION MEANING OF DOCUMENT: The term document as defined in Oxford Dictionary is a deed,
More informationComprehensive Deposit Policy
Date: June 24, 2017. Version: 1 0 P a g e Table of Content 1. Policy Content... 2 2. Document Control... 10 3. Revisions to the Policy... 11 4. Persons & Departments involved... 11 5. Appendix... 11 1
More informationGOVERNMENT OF INDIA. Certificate of Holding
Form I GOVERNMENT OF INDIA Certificate of Holding Inflation Indexed National Saving Securities-Cumulative (IINSS-C) Certified that (Name of Subscriber) (Investor ID) is the holder of Inflation Indexed
More informationPOLICY ON BANK DEPOSITS
POLICY ON BANK DEPOSITS PREAMBLE One of the important functions of the Bank is to accept deposits from the public for the purpose of lending. In fact, depositors are the major stakeholders of the Banking
More informationAPPLICATION FORM FOR SOVEREIGN GOLD BOND 2016
APPLICATION FORM FOR SOVEREIGN GOLD BOND 2016 (Put wherever required) Name of Bank T M B Name of Branch: Mode of Subscription Cash Cheque / DD Electronic Transfer Cheque / Demand Draft Drawn on Grams of
More informationI/We hereby request The Ratnakar Bank Ltd. (RBL Bank) to open my/our account at your Branch. New
4 CUSTOMER INFORMATION FORM (For Non - Individual entities) Tick boxes as applicable. *Mandatory Fields. (Please fill the form in BLOCK LETTERS only. THIS IS A MACHINE READABLE FORM AND WILL PASS THROUGH
More informationPOLICY ON BANK DEPOSITS
DOHA BANK INDIA OPERATIONS POLICY ON BANK DEPOSITS Page 1 Policy on Bank Deposits Preamble One of the important functions of the Bank is to accept deposits from the public for the purpose of lending. In
More informationLONG TERM (SUBORDINATED) DEPOSITS- SERIES-II
Regd. Office :Mohan Terrace. 64/72, Mody Street, Mumbai- 400 001 Central Office: MARUTAGIRI, Plot No. 13/9A, Samant Estate, Sonawala Road, Goregaon (East), Mumbai- 400 063 Contact: 022-6189 0000 (B) Email:
More informationInterest that already earned, but not yet paid is known as Accrued Interest.
Term Explanation ATM Asset Accrued Interest ATMs are Automatic Teller Machine. ATMs allows customers to complete some basic transactions, without the help of teller. These include accepting deposit, providing
More informationPOLICY ON BANK DEPOSITS
POLICY ON BANK DEPOSITS 1 Preamble One of the important functions of the Bank is to accept deposits from the public for the purpose of lending. In fact, depositors are the major stakeholders of the Banking
More informationS T O C K H O L D I N G
ACC/ LGA Code : Emp/FOS Code : Name of Receiving Office APPLICATION FORM FORM FOR FOR SOVEREIGN SOVEREIGN GOLD GOLD BOND BOND 20172016-18 -- - TRANCHE 17 Series -- SERIES IIIII II IV IV IIII (Put wherever
More informationQuestion Answers with Explanation SEBI and other Institutions
Question Answers with Explanation SEBI and other Institutions 1. Which is distributary agency of Kisan Credit Card Scheme? a) NABARD b) SBI c) Rural Development Bank d) Regional Rural Bank and Commercial
More informationDEPOSIT POLICY INDEX
DEPOSIT POLICY - 2018 INDEX 1 Introduction 2 Definitions 3 Account opening and operation of deposit accounts 4 Savings Bank Small Accounts 5 Minors Accounts 6 Senior Citizens Accounts 7 NRI Deposits 8
More informationProcedure For Demat Accounts
Procedure For Demat Accounts A. OPEN A DEPOSITORY ACCOUNT I Rights 1. You can open more than one depository account in the same name with single DP/ multiple DPs. 2. No minimum balance is required to be
More informationCash Credit Monitoring
Loan scrutiny & Sanction. Documentation. Disbursement. Monitoring the Loan account. Review. Recovery. Loan applications received register. Loan sanctioned register. Stock statement register. Drawing power
More informationDISTRIBUTOR INFORMATION (only empanelled Distributors/Brokers will be permitted to distribute Units) (refer instruction h )
COMMON APPLICATION FORM FOR OPEN-ENDED EQUITY AND BALANCED SCHEMES PLEASE USE SEPARATE FORM FOR EACH SCHEME (OCBs & US PERSONS INCLUDING QUALIFIED FOREIGN INVESTORS REGISTERED IN USA AND CANADA AND RESIDENTS
More informationExecutive Diploma in BANKING & FINANCE.
Executive Diploma in BANKING & FINANCE www.mywestford.com Executive Diploma in Banking and Finance Certified by Edexcel Assured [Pearson], UK. This Executive Diploma course in banking and finance is a
More informationIBPS SO Exam 2013 Law Officer. Professional Knowledge Question Paper
IBPS SO Exam 2013 Law Officer Professional Knowledge Question Paper 1. What does the Latin phrase Mutatis mutandis mean? "Changing most of the things" "Changing [only] those things which need to be changed"
More informationShriram City Union Finance Limited. Issue Related FAQs
Shriram City Union Finance Limited Issue Related FAQs Q1. What is the Nature & Size of the Issue? Ans: Public Issue by Shriram City Union Finance Limited, ( Company or Issuer ) of Secured Non- Convertible
More informationCustomer KYC Form - Individual
KYC-IND-VER-2 Branch Br. Code Experience Next Generation Banking Regd.Office, SIB House, T.B. Road Mission Quarters, Thrissur, 680 001, Kerala Account No. Customer KYC Form - Individual Personal Details
More informationAU Small Finance Bank Limited Deposit Policy April 2018
AU Small Finance Bank Limited Deposit Policy April 2018 AU SFB all rights reserved. This document is constitute Property of AU SFB, and no part of this document may be reproduced or transmitted in any
More informationRegistered Office : 301, Center Point, Dr. Babasaheb Ambedkar Road, Parel, Mumbai Date and Time of Application Receipt.
Registered Office : 301, Center Point, Dr. Babasaheb Ambedkar Road, Parel, Mumbai - 400 012. Form A2 Application Number APPLICATION APPLICATION FORM FORM GOVERNMENT FOR 7.75% OF SAVINGS INDIA 8 %(TAXABLE)
More informationIV (Put wherever required)
ACC/ LGA Code : Emp/FOS Code : Name of Receiving Office APPLICATION FORM FORM FOR FOR SOVEREIGN SOVEREIGN GOLD GOLD BOND BOND 20172016-18 -- - TRANCHE 17 Series -- SERIES III IV IV IIII (Put wherever required)
More informationFurther, the Dividend income is tax free, if the company is liable to dividend distribution tax.
FAQs (Frequently Asked Questions) on RGESS Rajiv Gandhi Equity Savings Scheme (RGESS) 1. What is RGESS? Rajiv Gandhi Equity Savings Scheme (RGESS), is a tax saving scheme announced in the Union Budget
More informationACCOUNT OPENING FORM FOR NON-INDIVIDUAL ENTITY
ACCOUNT OPENING FORM FOR NON-INDIVIDUAL ENTITY For Bank Use Only BANK OF BARODA (GUYANA) INC. Name & Code of the Branch GEORGETOWN/ MON REPOS Customer Id A/c No. I/ We request you to open my/ our deposit
More informationCANARA BANK OFFICERS UNION (Regd) MODEL QUESTION PAPER 1
1 CANARA BANK OFFICERS UNION (Regd) MODEL QUESTION PAPER 1 1. Canara Jeevan Dhara is a a. Life insurance cover b. Scheme for senior citizens c. Scheme for pensioners of age 60 & above d. a & b e. b & c
More informationMutual Fund Snapshot
Mutual Fund Snapshot Procedures - Transaction Related How can one invest in a mutual fund? (Fresh Purchase) After deciding on the type of scheme, the investor will have to fill in the Application form,
More informationREGULATIONS GOVERNING FOREIGN CURRENCY ACCOUNTS IN INDIA
Open Access Journal available at jlsr.thelawbrigade.com 399 REGULATIONS GOVERNING FOREIGN CURRENCY ACCOUNTS IN INDIA Written by Shubham Grover 1 st Year M.A. Business Laws, WBNUJS, Kolkata Introduction
More informationTHE POST OFFICE RECURRING DEPOSIT RULES 1981
THE POST OFFICE RECURRING DEPOSIT RULES 1981 [Issued vide Ministry of Finance (DEA) Notification No. F.3/15/81-NS(v) dated 17.12.1981 and further amended from time to time] GSR 666(E) :- In exercise of
More informationFirst among the banks:
First among the banks: First Bank in India Bank of Hindustan First Governor of RBI Osborne Smith First Indian governor of RBI C D Deshmuk First Bank to Introduce ATM in India HSBC First Bank to introduce
More informationIBPS Clerk Mains (Banking Awareness-Assignment) Banking Awareness. IBPS Clerk (Mains) Exam 2017
Banking Awareness IBPS Clerk (Mains) Exam 2017 BANKING AWARENESS 1) A NBFC is prohibited to offer or undertake? (A) Accept demand deposits (B) Accept time deposits (C) Lend long term loans (D) Pay a higher
More informationRetail Banking (Asset Products)-Questions & Answers. 1. UCO Doctor Loan Scheme (Revised)(Circular No CHO/ABRD/12/ dt
Retail Banking (Asset Products)-Questions & Answers 1. UCO Doctor Loan Scheme (Revised)(Circular No CHO/ABRD/12/2012-13 dt 21.06.2012) 1. What credit facilities are provided under the UCO Doctor scheme?
More informationCorporate Law Alert February 1, J. Sagar Associates advocates and solicitors. External Commercial Borrowing
External Commercial Borrowing The Reserve Bank of India (RBI) had vide A.P. (DIR Series) Circular No. 27 dated September 23, 2011 enhanced the External Commercial Borrowing (ECB) limits for eligible borrowers
More informationBANKER AND CUSTOMER RELATIONSHIP
BANKER AND CUSTOMER RELATIONSHIP BANKER AND CUSTOMER RELATIONSHIP DEFINITION According to sec 5(c) of the Banking Regulation Act 1949, a banker is a person who undertakes business of banking. Banking means
More informationARN Name Sub-Broker Code M O Code UTI CR / CA Code Bank Branch Bank Sr. No. RM No.
COMMON APPLICATION FORM FOR OPEN-END EQUITY AND BALANCED SCHEMES PLEASE USE SEPARATE FORM FOR EACH SCHEME (PLEASE READ INSTRUCTIONS CAREFULLY TO HELP US SERVE YOU BETTER) Sr.No. 2008/ Registrar Sr. No
More informationPOLICY ON BANK DEPOSITS. 1. Preamble-
POLICY ON BANK DEPOSITS 1. Preamble- One of the important functions of the bank is to accept deposits from the public for the purpose lending. In fact, depositors are the major stakeholders of the Banking
More informationTEST UR KNOWLEDGE - SERIES
TEST UR KNOWLEDGE - SERIES 2 66 (FIRST QS). Collection period of receivables is expressed with reference to a. cost of sales b. cost of productions c. sale d. NOA (none of above ) CORRECT ANSWER: C SALE
More informationNRE & NRO Savings account
NRE & NRO Savings account Who are eligible to open NRE & NRO account? Individual NRI s and PIO s are eligible to open NRE and NRO account. NRI (Non-Resident Indian) - An Indian Citizen residing outside
More informationCommon Accounting System
Common Accounting System Deficiencies In Present Accounting System of PACS 1. Accounts are maintained on cash basis. 2. The books of accounts are not standardized. Cash book, Bank book. Day book is not
More informationBy CA Kanika khetan
BANK AUDIT By CA Kanika khetan cakanika14@gmail.com www.anushriagarwal.com Type of banks Commercial Banks. Co-operative Banks. Development Banks (more commonly known as Term-Lending Institutions ). Regional
More informationRBI Policy: Bank s Policy:
RBI Policy: 1. Customer Acceptance Policy 2. Customer Identification procedures 3. Monitoring of transactions 4. Risk Management Bank s Policy: 1. Latest Photograph 2. ID Proof (proofs to be counter verified
More informationFOREIGN CURRENCY DENOMINATION LOAN AGREEMENT
IBD 4 FOREIGN CURRENCY DENOMINATION LOAN AGREEMENT This agreement is made at on in between M/s hereinafter called the Borrower for the sake of brevity (which expression shall wherever the context shall
More informationGURUJI24.COM EXPOSURES NORMS. Exposure
Exposure EXPOSURES NORMS Exposure includes credit exposure (funded and non-funded credit limits) and investment exposure (including underwriting and similar commitments). The sanctioned limits or outstanding,
More informationRelationship Form (DCB PayLess Card / Account / Term Deposit)
Customer ID: Account No.: FIELDS WITH * (STAR) ARE MANDATORY *Segment Code Application No.: RM / CSE / RO (Code): Account Sourced By (Code): Branch: (A) Applicant Details Relationship Form (DCB PayLess
More informationFinancial Statements of Karafarin Bank (Public Joint-Stock Co.) Parent Company Balance Sheet as at March 20th., 2009
Financial Statements of Karafarin Bank (Public Joint-Stock Co.) Parent Company Balance Sheet as at March 20th., 2009 Assets Note 2009 2008 Cash 5 200,416,322,462 101,967,920,495 Statutory Deposits 6 4,360,869,381,518
More informationPAN intimation, AIR reporting & recent changes in TCS. D K Bholusaria
PAN intimation, AIR reporting & recent changes in TCS D K Bholusaria dk@bholusaria.com Today s Goal! Understanding background Section 139A(5) and 285BA(1) Rule 114B~114E Changes as compared to previous
More informationTHE PUBLIC PROVIDENT FUND SCHEME, 1968
THE PUBLIC PROVIDENT FUND SCHEME, 1968 [Issued vide Government of India, MOF (DEA) Notification No. GSR 1136 dated 15.6.1968 and further amended from time to time] GSR 1136;- In exercise of the power conferred
More informationPage 1 of 7. Annexure-I COMPENSATION POLICY FOR THE YEAR INTRODUCTION
Annexure-I COMPENSATION POLICY FOR THE YEAR 2017-18 1. INTRODUCTION 1.1 Technological progress in payment and settlement systems and the qualitative changes in operational systems and processes that have
More informationCash Credit to Traders
1 2 Rules governing sanction of Loan Products under n Farm Sector Purpose Applicants 3 Max. Loan Limit R. 50,00,000/- To meet the working capital needs of the Traders 1. Wholesale/Retail Trader/Businessmen
More informationGovernment of India Ministry of Finance Department of Economic Affairs. Notification
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)] Government of India Ministry of Finance Department of Economic Affairs Notification New Delhi, dated January
More informationN O T E. Information given in this booklet is as of 26/12/007, which is subject to change/revision.
N O T E Information given in this booklet is as of 26/12/007, which is subject to change/revision. This booklet should not be considered as a legal document creating rights and obligations. It is for promoting
More informationAudit Plan & Program For Bank Audit. Important area who must be Covered During the Audit
Audit Plan & Program For Bank Audit Important area who must be Covered During the Audit Deposit Advances Audit of NPA Account General Area LFAR Deposit:-Following Point/Area Should be covered under the
More informationGRAMIN BANK OF ARYAVART HEAD OFFICE A-2/46, VIJAY KHAND, GOMTI NAGAR, LUCKNOW MODEL POLICY ON BANK DEPOSITS
32 nd Board Meeting GRAMIN BANK OF ARYAVART HEAD OFFICE A-2/46, VIJAY KHAND, GOMTI NAGAR, LUCKNOW FOR APPROVAL Annexure No. MODEL POLICY ON BANK DEPOSITS PREAMBLE One of the important functions of the
More informationComprehensive Deposit Policy
[Type here] Comprehensive Deposit Policy Date: January 23, 2018 Version: 2 0 P a g e Table of Content 1. Policy Content... 2 2. Objective... 2 3. Preamble... 2 4. Types of Deposit Accounts... 3 5. Account
More informationNational Pension System (NPS) - FAQs
1) About NPS 1. What is National Pension System (NPS)? National Pension System is defined contribution based pension scheme is Government of India initiative to provide old age security and pension requirement
More informationCOMPREHENSIVE DEPOSIT POLICY
COMPREHENSIVE DEPOSIT POLICY PREAMBLE YES BANK Limited ( Bank ) reiterates its commitments to individual customers outlined in the Code of Bank s Commitment to Customers adopted by the banks. The depositors
More informationKEY INFORMATION MEMORANDUM. New Fund Offer Opens on : Monday, July 07, 2014 New Fund Offer Closes on : Monday, July 21, 2014
UTI Capital Protection Oriented Scheme Series IV KEY INFORMATION MEMORANDUM UTI CAPITAL PROTECTION ORIENTED SCHEME - SERIES - IV-I (1103 DAYS) (A Close-ended Capital Protection Oriented Income Fund) The
More informationN O T E. Information given in this booklet is as of 26/12/2007, which is subject to change/revision.
N O T E Information given in this booklet is as of 26/12/2007, which is subject to change/revision. This booklet should not be considered as a legal document creating rights and obligations. It is for
More informationAssociation (NICASA) NIRC of The ICAI. Welcomes
Northern India Chartered Accountants Students Association (NICASA) Of NIRC of The ICAI Welcomes CA Students for the seminar on Bank Audit Statutory Bank Branch Audit - OVERVIEW CA. S Narayanan snarayanan23@gmail.com
More information