1. The Bank granted a loan of Rs. 10,000/- on the security of shares in AB Ltd on 1s t may 1995.

No action was taken to recover the amount till 1s t August 19 98. Ans: remedy against the person of X is a time barred, but the shares can be so ld and amount recovered after giving reasonable notice 2. Presentation of a cheque can be made any number of times during the validity period. If so, Ans: if notice for payment to the drawer is not served on payee on earlier ret urn(s), subsequent return of chq can be taken for initiating action 3. 24 hour banking in our country is contributed maximum by: Ans: ATM 4. For second hand tractor loan, the age of the vehicle should not be more than Ans: 7 yrs 5. DRI advances can be granted to a person for productive purpose if the earlie r DRI loan availed by him earlier was for Ans: Housing purpose 6. Taxes collected by our branches at urban centers should reach the destinatio n branch where Government account is maintained on or before Ans: T+3 7. BCSBI is headed by Ans: Mrs Udeshi 8. Under Jana Shree Bima Yojana with the LIC of India, in the event of death of the spouse of SHG member, the assured coverage of ______ is available Ans: Rs5000/ 9. How many digits are there in the Customer information file(CIF) number ? Ans: 9 10. Penalty for delayed remittance of TDS deducted from salaries is Ans: Rs 100 per each day of delay 11. Which of the following is basically a preventive measure? Ans: firewalls 12. Insurance Cover for against death due to any other accident for Bharat Card Ans: Rs. 0.50 Lakh 13. A promissory note dated 1-st Jan.1999 is payable one month after sight. If falls due on : Ans: 15-th Feb 1999 in case it was sighted on 12-th Jan.1999 14. Loan given for construction of agri godown is classified under priority se ctor if the godown is situated in Ans: any area, no restrictions 15. A foreigner cannot be Ans: none of the above 16. A cheque bears the word Not Negotiable across its face without the parallel transverse lines. Please answer whether Ans: The cheque will not be deemed to be crossed within the meaning of the NI Act

17. The minimum Over Draft limit against NSCs is Rs._______ Ans: 2,00,000 18. The Quarterly average balance to be maintained for issue of chq s in multicit y CA account is Ans: 50,000 19. The margin on loan against NSC is Ans: 25% 20. Two persons Mr. A and Mr. B maintain a joint SB account with your branch un der the operating style as E or S . Mr B filed insolvency petition and in the mean time a cheque drawn by Mr. A is presented for payment. Then you have to Ans: return the cheque with the remark joint account holder is involved in solv ency proceedings 21. Dedicated communication link with continuous transfer of data without any p rotocol, format, coding etc is known as --Ans: circuit switching 22. The maximum cheque return charges are Rs__________ per instrument Ans: 1250 23. Which Branch is the Nodal Branch for Express Money Transfer(Money Gram) Ans: M.G.Road Ernakulam 24. By the year 2009-10, we propose to reach a target of Priority Sector Lendin g to minorities upto _________% Ans: 15 25. Which of the following is not possible through Oracle? Ans: screen design 26. Export Credit advances with credit limits not exceedijg Rs ____ lacs are cl assified as Priority Sectob for domestic commercial banks Ans: Nil 27. Risk weight for all exposures to NBFC & personal loans is Ans: 125% 28. Willful defaults in loan accounts with limits 25 lakhs and above are to be reported to Ans: RBI 29. Can we issue duplicate CD Ans: No. We can only make payment against indemnity 30. The identification code of bank branch is to be embossed on locker keys is Ans: BSR Part I Code 31. Charges to be levied by Authorized dealers on FX transactions are framed by Ans: Ads themselves 32. The website address of our bank is Ans: www.indianbank.in 33. Who are the members of the Joint Customer Service Committee? Ans: Branch Manger + Officer + Award Staff 34. In the case of multi city cheque of Rs.25 lakhs and above returned unpaid d

ue to insufficient funds, the cheque returned charges should be recovered by the host branch is ----Ans: Rs.600 per cheque 35. Bill purchase rate is applied Ans: when an export bill is purchased/negotiated/discounted 36. Loan against an NRE deposit is subjected to a ceiling of Ans: 20 lacs 37. A bill may be dishonoured by Ans: both of these 38. The Banking Codes and Standard Board of India (BCSBI) is set up under the r ecommendations of committee headed by Ans: Tarapore 39. New Private Sector Banks have to come to their maiden public issue within _ _________ from the commencement of business Ans: 2 years 40. The maximum time, within which an application under Right to Information Ac t (RTI) is to be replied is Ans: 30 days 41. Indian Bank with extremely high security requirement is evaluating the effe ctiveness of biometric systems. Which of the following performance indicators is MOST important? Ans: false acceptance rate(FAR) 42. Under BCP, Business Impact Rating is classified as Massive, if the direct loss is Ans: > 1 Cr 43. Education loans granted for study in India will be treated as priority sect or up to Ans: Rs. 10 lakh 44. FTP stands for: Ans: File Transfer protocol 45. Thew margin under Ans: Nil SB cum Overdraft Facility scheme

46. Under consortium share of each member bank should be at least ____% of FB l imits or Rs 1cr whichever is more Ans: 5 47. Under WTO agreement, India has to allow opening a minimum number of ______ _ of Foreign bank branches in India per annum Ans: 12 48. In our country, only currency ______are now allowed Ans: Futures 49. Minimum gross income to issue a Bharat Card Ans: Rs.3000/- per month 50. What does User Type Mean? Ans: User type refers to the function to be performed by the User

51. In a joint a/c of a minor and a staff member, the staff member dies before the maturity of the deposit. Can we continue the staff rate for the deposit. Ans: Yes 52. Photographs of high risk customers are to be updated once in Ans: 2 years 53. Minor aged above Ans: 14 years . Years can open and operate a term deposit a/c in his name.

54. A transferable letter of credit can be transferred Ans: only once 55. In an NRO account, for all credit entries and for debit entries relating to investment in shares / securities / cp / immovable property Ans: Form A 4 to be obtained when the transaction is for Rs. 100000 or more 56. When did FEMA, 1999 come into effect? Ans: 01 06 2000 57. SLR to be maintained on NRE deposits is Ans: 25% 58. Bills of exchange drawn by Indians in vernacular language of India are call ed : Ans: Hundies 59. If irregularity due to excess drawl in cash credit account persists for mor e than ________ days, the account is classified as SMA Ans: 30 60. To login, RM Teller will provide: Ans: User-Id, Bancs password, Branch Code & Terminal Number 61. If the date on LC is mentioned as on or about 31 Oct 2008, the shipment wil l go within Ans: 5 days on either side of the date 62. Custodians in Branches have to verify the total number of jewel loan packet s with the control register and the contents of each bag, at least once in ____ _______ Ans: Three months 63. With regard to cash payment of periodic interest upto Rs.5000 of FD accoun ts through IAPTD(payout) which of the following is correct? Ans: The cashier should make payment only if the voucher is signed by two offi cers , even though, the entry would have been authorised in the system 64. What is the market lot in our bank share trading Ans: 1 65. Reimbursement of news paper purchase to sub staff is made at ____% of Month ly subscription. Ans: 80 66. A substandard asset changes to ___________ asset, if the over dues in the a ccount are recovered. Ans: Standard

67. Upto what amount cash remittance can be carried on foot? Ans: Rs 2 lacs 68. E-cash is a form of electronic money that: Ans: can be used over any computer network 69. For telemarketing, the Direct Marketing Agency has to register with Ans: Dept of Telecommunications 70. In which of the following place, the first ATM was installed in India? Ans: Kolkatta 71. A cheque drawn on a piece of paper is presented for payment across the coun ter. Ans: It can be paid if otherwise in order, but in practice we do not pay. 72. The subsidy Reserve Fund is Ans: will not form part of DTL for the purpose of both CRR and SLR 73. FCNR Ans: 6 deposit can be opened in_____ number of currencies

74. CAR of our bank as on 30-9-2009 is ______ Ans: 13.20 75. Loans to software industry are classified as priority sector up to a limit of Rs __________ Ans: NIL 76. Can we hand over the original of the paid cheques to the a/c holder, if he requests. Ans: 2 and 3. 77. In case of agriculture advances Ans: The advance becomes NPA if it remains unpaid for two harvest seasons in c ase of short duration crops and one harvest season in case of long duration crop s ,after it has become due 78. Which of the following informs the difference in transfer transactions wher e the credit and debit legs do not match? Ans: GLIF 79. The Financial inclusion- Universal Health care Policy for BPL/ Non- BPL fam ilies has been offered by Ans: United India Insurance Co. LTD 80. Unless renewed by way of valid acknowledgement or proper part payment, the period of limitation for any type of mortage is . Years from the date when the mo ney secured has become due Ans: 12 years 81. The lowering of Repo rate leads to Ans: Increase in liquidity 82. The generation of duplicate password is necessary when: Ans: The customer forgot the PASSWOR 83. One of the partners in a firm stops operations in current account of the fi rm and next day requests to allow operations Ans: consent from all the partners required

84. The Corporate Debt Restructuring mechanism will cover Ans: only multiple banking accounts / syndication / consortium accounts of cor porate borrowers with outstanding fund based and non-fund based exposure of Rs.1 0 crore and above by banks and institutions. 85. Under Bancs system, the which function key? Ans: F 7 Prefetch Transaction Screen can be viewed by pressing

86. The normal transit period (NTP) is prescribed by __________ Ans: FEDAI 87. One of the following countries is not a member of ACU Ans: China 88. SQL stands for what? Ans: Structured Querry Language 89. A cheque dated 1 1 96 is presented for payment 1 7 96. You will. Ans: (1)and (3) 90. What are the types of a/cs under CGS Ans: A. SB B. FDR /RIP 91. Maximum sum insured under Arogya Raksha Ans: Rs 5 lacs co branded mediclaim policy is

92. The penalty for non maintenance of Minimum balance in case of multicity CA account is Ans: Rs.750 per Quarter 93. What is the capital required to be maintained for a home loan of Rs 30 lacs ? Ans: Rs 1.35 lacs 94. Provisioning for a substandard asset is required at Ans: 10% of balance outstanding if Secured and an additional 10% of unsecured exposure, if unsecured. 95. Cheque drop boxes are provided at branches as per the recommendations of _ __________ committee Ans: Tarapore 96. A partnership firm consists of two partners namely X and y. A loan facility has been sanctioned to the firm. Assume that the amount of stamp duty on agreem ent is Rs 20 in Tamilnadu and Rs 50 in Karnataka. X executes the documents in th e first instance at Chennai and Y at Bangalore on the next date. How the stamp d uty is payable? Ans: Stamp for Rs20 is to be affixed before execution by X at Chennai and Rs 3 0 to be paid before execution by Y at Bangalore. 97. There can be more than one nominee in case of Ans: Capital Gains Scheme. 98. A person belonging to a particular community comes and requests for opening a FDR account and not to pay any interest to him, as acceptance of interest on deposits / loans is prohibited in their community. Ans: We cannot accept such deposit

99. A bearer cheque dated 5/6 is presented for payment across the counter on 6. 6.03 you will. Ans: Return the cheque with remarks Date incomplete 100. Normally, export proceeds should be realized in full Ans: (1) or on the due date of the bill whichever is earlier