This Study material for IDBI Bank promotion exam 13.01.

2024
has been distributed by All India IDBI Officers' Association
(AIIDBIOA) to its members in December, 2023 in collaboration
with Corporate Training and Development Institute (CTDI).
 al arge
RECOLLECTED
(1DBI BANK
Exposure
QUESTIONS
BTO C ON
22-1-2023 )
RECOLLECTED QUESTIONS
Maximum number of members in Pvt Ltd Company: 200
Minimum number of directors in Public Limited Company: 3
Framework
horrower maximum exp0sure (LEF),
can be Single counterparty
in Public Provident Fund account, partial withdrawis is allowed
after 52 years: Partial withdrawals from PPF can be made
Panital base and the Board may allow of the Banks eiigible from the 6th financial year after the account is opened. For
above: 20% & 5% additiona! % over and
instance, if the account was opened on Feb 1, 2020, a
AS per RBI circular on
company having exposure opening
of of current account by Banks, a withdrawal can be made from the financial year 2025-26
at
system and the crore above from onwards. There is no tax on partial/premature withdrawals
nay sanction CC/ODbank having least
facility: 5 &10 % of the Banking from the PPF account. 50% of the account balance as at the
is risk arises exposure end of the financiayea, preceding the current year, or. 50%
due to of the account balance as at the end of the 4th financial
Operational risk.
is not correct
inadequate or failed system: year, preceding the currentyear.
Country Risk w.r.t. appointment of Non Which banks are çalled Schèduled Bank: Those included In
As per RBI individual BC second schedule .oRBIAct 1934, Sec 2(e)
guidelines, the
Fstate (Residential Housing) is :provision for Commercial Real New poliey of RBI for inflation calculation (Consumer Price
eDeferred Payment guarantee is0.75% :Financial Guarantee
Index, etc): Core-6RI
TDS on payment to Profes_ional undar Section 194J if the
eThe amount lying the
aCCOunt
oars to be transferred to not operated for more than payment exceeds Rs. in FY: 30,000)
Fund (DEAF): 10 Depositors Education & Awareness New seçtionintroduced inTDS:94-R
is a letter issued by OFinance to Aris¡ns, Villagè &Cotage industjes, maximum
Bank in favour of the loan amoånt up to Rs. Wil be cansidered ugder Weaker
make the payment on behalf
customer:benefigary
of the o sections: Nakh
Creditworthiness. étter of Maximum eigible loan amount under PM`VANÍDHI 3rd tranche
OA firm importing 6months after di_bursement of second tranche: Rs. 50000
make the payment machines costing Rs.30 Cr angis planning to,
in instalment of Rs.5 OPMÈGP educatin qualification if the project cost under
type of letter of credit you will lakh for six times. Which manufacyre exceed 10Mac and service industry exceeds Rs.5
credit. suggest: Bevolving Letter lac: 8h standard pass.
eDifference between export trade and import trade s called OFixed Deposit tenor in NRO: MjDimum 7 days and maximum
:Balance of Trade 10years.
OAccrual Concept of f Realisable Value of Zecurity falls below
expenditure is recorded as Accounting means: % of
and when it becomesdue.Income and outtanding, the accòunt Mil straight away be classified as
OPeriodicity of KYC updation in Low Risk Customer: 10 years. 50% Doubtful.
OWhich is not a componer of KYC NPAGlassification in in case of Consortium loans is: Based on
OBeneficial Owner in Parthership firmpolicy: Fahily History
who 1S having more than Vecord of rcovery of individual banks.
% of shares caþital or prþfit :15
in Vaximum ànount of loan referred to Lok Adalat organised by
ein NRLM (DAY), SHG the scheme Civihçourt i_Xs. :20 lacs.
Panchsutra. Which of the folowing is nÍtstipulates compliana of
a Punchsutfa: Lending
Theaount of loans filed suit with RDDB: 20 lacs
OLimitation period for execution of Decree is: 12 years from the
to other than group membeks.
OA Account opened on OTP bàsed, maxirnum credits date of Decree order received.
year: Rs.2 lakh llowed in Guarantor has paid the full dues of the NPA account holder
Small Account means - Maximumbalance at atime should not and after that he will get all the rights available with the Bank to
exceed Rs. and maximum credits in a FY not to excee claim the security. This right is called Right of
Rs :50,000 & 1lac Subrogation.
When Letter of Administration is issuedA persopdied Oe-Rupee voucher increased from Rs.15,000 to Rs. :1lac.
without a Will (died intestate) and he is having Legal Entity ldentifier (LEIl) for non individual to be obtained by
business.
propertyl 30-04-2025 with total exposure of Rs. 5 Cr to 10 Crore.
The maximum Complaints in the recent Integrated
OMaximum deposit can be taken while issuing locker: scheme is related to :Digital Transactions
Ombudsman
years advance rent Plus locker break open charges: 3 is a contract between Bank and the customer at an
OA and B having account operated by C who is Power of agreed price and agreed future date: Forward contract.
Attorney holder. A cheque signed by C is presented on the facilitates the financing of trade receivables of
cOunter has been received. You also receive notice informing B MSMEs from corporate buyers through multiple
Bhas died. How will you deal the situation: Payment will not be known as: TReDS. financiers
allowed. Oin HUF the senior most member is called
Karta and other
OFiying kte club having account with your bank operated by family members are :Co-parceners.
President and Secretary jointly. The cheque has been signed by Banking Ornbudsman can award maximum Rs. lakh for
them and is presented for payment. You also receive notice that mental agony / harashment: 1
the Secretary has died in road accident. How will you handle the OAlI the individual Saving account holders in the age
Cheque: Payment will be if otherwise in order. are eligible for PMJJBY: 18-50 group of
Counterfeit notes upto received in a single transaction, ln PMJJBY maximum age of entry: 50
Consolidated report willbe done at the end of the month: 4 Which is not correct about Treasury bill: 1) T-Bill issued at
OA Customer left over a covered packet in locker room and the discount 2) Maximum period 364 days; 3) It is issued by RBI on
bank as a trustee kept it in the safe custody, The review will be behalf of Central Govt.: AIl are correct
taken at least once in Monthly/Quarterly/HY The least Liquid Asset among the foilowing: Stock
EXChange of soiled notes with Rs.2 per piece on one day Interest on Saving account will be calculated on products
maximum pieces with maximum value of
OBPC fullIform: Inter Bank Participation Certificate
:20 &5000 and credited on
Reverse Repo refers to
intervals:Daily and Quarterly.
: Absorption of liquidity.
APRIL 2023 CTDI, GURUKUL FOR BANKERS
sco 91, (147& 2 FL) SEC. 47-D, 19
CHANDIGARH-1G0047, 9317723230
 RECOLLECTEDQUESTIONS
RECOLLECTED OUESTIONS
OLimitation period IDBI BANK
for
Mudra full form: Micro Units Development & Refinance
Agency Ltd
The 'Small Accounts'remain operational initially for a period of
from the dateDemand Promissory Note
Note: 3 years (DPN) IS
of 12 months and thereafter, for a further period of
OContingent
sheet: liabilities promissory
is shown in which schedule of balance months, if the holder of such an account provides
What isSchedule -
the rate of XXIll evidence to the bank of having applied for any of the officially
OWhich form is used depreciation
for
on Steel
articles: 15%.
valid documents (0VD) within twelve months of the opening
of such account. The bank will review such account after
hypothecation
A
hypothecation of stocks: Deed of months to see if it requires such relaxation: 12; 24.
Tax-saving fixed
Section 80C deposit
"Under DRI scheme the target for SC/ST is: Min 40% to
under of the account offers a tax deduction sCIST and 2/3rd to be routed through rural &semi - urban
maximum amount of Income Tax Act, 1961 and tne branches.
any person in this per annum can be
deposited by
type of AML framework minimizes which risk: Liquidity Risk which
The rate of
is: 40% depreciation onaccount:
Rs. 1.5 lakh
computers and computer arises due to mismatch between the maturity pattern of
assets aá liabiljties.
Scale of finance is the sofiware As perKYC guidlines, the accounts are classified into
unit cultivated finance
area: Acre or required for raising a crop per from the pdiFt of view of risk: Low Risk, Medium
Finance Minister brought Hectare Risk and Aigh Risk.
down
introduced for debt recovery theunder
value of loans that can be Banker customer relationghip in case of Safe custody is
from Rs 50 lakh for NBFCs the SARFAESI Act
size of Rs 100 crore: Bailee ahd Bailor
OA farmer witha bare Rs 20 lakh havinga minimum asset Cash Budget methqd is usedNÍr assesing working capital
requirements Far : An estimation of the cash flows
land holdings of less subsistence
than
level of income from his
gvn of abusiness over a Specific pertgd of time for seasonal
Banks should monitor high risk hectare: One Andustries such as tea, sugar, jute etc, or order based
before accounts on
switching over to real-time monitoring: \industriesuch as software exportsetç.
While remitting Weekiy hasis
funds through NEFT, Indian Financial he pecuniày jurisdiction of he Bankirg Ombudsman to
Code (IFS) is mentioned System pass an Award has \been ncreased to and
On which contains digits: Elevem,
interim Pension Fund compansation hÍt exceeding can also now be
Authority (PFRDA) was establishedRegulatry
the Government thrÐugh
&Developrrent
a resolujión by
awarded by the Banking qmbudsman to the complainant for
Noss of tim, expenses incurred, as also, harassment and
of India to promote,
pension sector in India: 23rd develop and fegulate mental anguish suffered by the complainant: Rs. 20 lakh; Rs.
A 25 years flying club Augyst 2003 1làkh (2 million ; 0.1 málion)
secretary waskilled while his
co-pilot Pawandeep was injured: Arshad QureshN Fund flow statemen refers to Sources and
Full form of CARE: Credit utilizatiog of funds 6ver a period of time. It is prepared to
If the account has been Analysis and Research\td. visualize the chahges in working capital of the company.
dormant or inoperatie: 2inactive for years, it baçomes The main aimóf preparing a fund flow statement is to cite
RBI has enhanced the loan limit the reasons for changes in the Liabilities, Assets, Or
lakh per borrower again_t thefrom/Rs.50 lakh to Rs. oY Equity Capital.
ledge/hypothecation
agricultural prodyce backed by Negotiable Warehouse
In sase of Lok Adalat, the cut off limit is Cases upto
Rs,20 lacs are referred. Beyond Rs. 20 lacs it is referred
Receipts (NWRS)electronit-NWRs(e-NWRs) issuAd by the to Lok Adalat setup under DRT.
warehouses registered arnd regulated by Warahousing In which location RBI has made five free ATM transactions of
Development and Regulatory Authority (WDRA): 75. other banks other than the normal transactions: Metro city.
Reserve Bank of Indja pay interest @ on the CRR Characteristics of Brown label ATM: The machine bears the
balances maintained bysCBs: NIL logo of the sponsor bank. The Automated Teller
As per Section o Banking Regulation Act, Stautory Machinesin which hardware and the lease of the ATM
Liquidity Ratio (SLR) is a rinimum percentage of dposits machine is owned by the service provider, but the cash
that a commercial bank has tò maintain in the form of liquid management and connectivity to banking. networks is
cash, gold or other securities: Section 24 supplied by a sponsor bank, whose brand is used on the
Long fom Audit Report (LFAR) is a questioAraíre prepared ATM, are called 'brown label' ATMs.
by RBI which an auditor has to answer. It was devised by RBI Bankers Lien is a general lien is a
in 1985 and has been revised in 1992-93 and :2003. : Implied pledge. A
lien is the right of a creditor in possession of
The recording of CCTV in case of Locker has to be preserved securities or any other assets belonging to the debtorgoods/
for :180 days to
retain them until the debt is repaid, provided that there is
Vidya Lakshmi is afirst of its kind portal for students seeking no contract express or implied, to the
contrary.
Education Loan. Students can view and track the education OFullform of SMERA: Small and Medium
loan applications to banks anytime, anywhere by accessing Agency (lndia)
Enterprises
Rating
the portal. The fees charged by the portal is No of digits in case of Magnetic Ink
DI&CGC fees is per Rs.100: Rs 12 paisa per Rs (MICR): 9-digit Character recognition
100 deposit. Calculation of Current ratio: Divide the company's Current
OMoney laundering refers to: Conversion of illegal funds into assets by its Current liabilities.
legal funds through banking channels and financial In STAND UP INDIA scheme, the
existing margin requirement
frauds. of % stands revised margin to
Pradhan Mantri Suraksha Bima Yojana annual premium is .%:25 % and 15%
In working capital assessment, the duration of
Rs.12 which has been increased to Rs. 20 w.e.f if not mentioned, then operating cycle
months can be taken: 3
1st June 2022. Maximum loan tenure period under PMAY): 20 Years

JUNE 2022 CTDI, GURUKUL FOR BANKERS

Sco 91, (19T& 2ND FL) SEG. 47-D, 19
CHANDIGARH-160047, 9317723230