Question -Answer - Bank of Baroda - Promotion from Officer I to II 2017

Based on Memory of Student

Exam Date 15.01.2017

1. MMID – Mobile Money Identifier


2. IMPS – Immediate Payment Service


3. CVV – Card Verification Value

4. CERSAI – Central Registry of Securitization Asset Reconstruction & Security Interest

5. ASBA – Applications Supported by Blocked Amount

6. NUUP – National Unified USSD Platform

7. STR – Suspicious Transaction Report

8. UIDAI – Unique Identification Authority of India

9. BCSBI  – Banking Codes & Standards Board of India

10. MIBOR – Mumbai Inter Bank Offered Rate

11. SWIFT – Society for Worldwide Interbank Financial Telecommunication

12. In new UPI system, VPA stands for – Virtual Payment Address

13. Maximum limit for NEFT transfer is – Rs. 50 Crore

14.  24560100012345 is – Saving Account.

15. Threshold limit in Baroda Premium Current A/c  – Rs. 5,00,000/-

16. Min. balance in Baroda Super Savings A/c – Rs. 20,000/-

17. Auto Reverse Sweep facility in Baroda Pension Savings A/c  – 180 days

18. Minimum balance in Baroda Bachat Mitra Savings A/c – No min. balance

19. For OD facility, minimum FD amount under Baroda Mitra Savings A/c – Rs. 10,000/-

20. Min. period for which FDR A/c can be opened – 7 days

21. Maximum period for NRO Fixed Deposit A/c – 120 Months

22. Minimum period for Baroda Tax Savings FDR – 5 Years

23. Minimum core installment in Yatha Shakti Jama Yojana – Rs. 100/-

24. Maximum times of deposit in a month under Yatha Shakti Jama Yojana – 3 times

25. Premature charge is not applicable if Fixed Deposit A/c is upto Rs 5 lakhs and has been kept for minimum – 1 Year

26. Minimum period for FCNR A/c – 1 Year

27. Max. amount that can be deposited in PPF A/c in a Financial Year – Rs. 1.50 Lac

28. Maximum times we can avail Loan on PPF - (2/3/4/1)

29. Menu for PAN verification from NSDL – PANVAL

30. Menu for Aadhaar linking – HAPBSLN

31. Menu for NEFT Beneficiary Registration through ATM – BENRATM

32. Menu for Unfreeze kiosk Account - FREEREC

33. Finacle Menu To adjust EMI keeping repayment period unchanged if the customer prepays lumpsum loan amount –

34. Pradhan Mantri Suraksha Bima Yojana is – An Accidental Insurance Scheme

35. Premium for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJBY) is – Rs. 330/-

36. Baroda Contact Centre through IVR – 24 X 7

37. RuPay Card was launched by – NPCI

38. Baroda Gift Card is issued in association with - VISA

39. Maximum amount that can be loaded in Baroda Gift Card – Rs. 50,000/-

40. Minimum USD that can be loaded in Baroda Travel Easy Card - $200

41. Letter of Credit, the Beneficiary is – Exporter/Seller

42. In letter of Credit, issuing bank is also called – Opening Bank

43. Principal or interest payment remains overdue under SMA1 category for – 31-60 Day

44. Banks must register details of security interest created by them with CERSAI within __ its creation – 30 Days

45. Maximum limit of Education loan under priority sector - 10 lakh

46. Target for Micro Enterprise under Priority Sector Credit – 7.50%

47. Repayment Period for Baroda Improvement Home Loan – 15 Years

48. For Loan of Rs 5lac to doctors, he should be in same profession from – 3 Years

49. Financial leverage- Debt equity ratio/profitability ration/current assets ration/DCSR rario

50. MPBF method 1 is -(25% of WC/25% of current assets/25%of core current assets)

51. Maximum co applicant restricted UpTo in Baroda mortgage loan -(3/4/5/6)

52. Agricultural advance for short duration will be NPA if the instalment of principal or interest amount remain overdue – For two crop seasons

53. An account where the regular credit limits have not been reviewed/renewed within ________ from due date is NPA – 180 Days

54. In the a/c where there is a significant erosion n the value of security i.e. if the realizable value of the security is less than 50% of the value of security assessed in the last year by the bank. This account is classified as – Doubtful

55. Maximum loan limit for Baroda Traders Loan to Commission Agents for Metro Branches - ?

56. Which of following is not RBI approved domestic credit rating agency- Dun & Bradstreet.

57. Lodgment of Education Loan Subsidy claim - ELIS

58. Income of Family for claiming Education Loan Subsidy - 4.50 Lakh 

Disclaim : All these question is based on memory & arrange from Facebook and WhatsApp group

Read More

Banking Law & Practice and Technology Question - Bank Of Baroda -"Clerical to Officer 2017"

EXAM DATED 08.01.2017

1. Minimum amount in Gift card – Rs.500/-

2. Travel Easy card in Australian dollor –  150

3. Travel East card in USD – US200$

4. Menu for issue Gift Card – PREPCARD

5. LAD report – LADRPT

6. Account closer menu  – CAAC

7. Loan Overdue Position – LAOPI

8. Registration for NEFT through ATM – BENRATM

9. ATM & Mobile Banking registration - HDCR

10. Self service Passbook - SSPBP

11. First option in HCLM – Inquiry

12. TPIN – Telephonic Personal Identification Number

13. NUUP – National Unified USSD Platform

14. IMPS – Immediate Payment Services

15. IFSC – Indian Financial System Code

16. Meaning of “T” in RTGS – Time

17. Color of CTS cheque in Cash Credit account -  Light Blue

18. Min. amount deposit per annum in PPF account – Rs. 500/-

19. Min. age of Minor for opening Current Account – 14 yrs

20. Document required for issue lost FDR – Indemnity Bond

21. LAD valid for – 3yrs.

22. Tangible Security – Stock

23. Fund Based credit – Cash Credit

24. Type of NPA – 3 ( Sub-standard, Doubtful, Loss)

25. Mobile Banking services can be performed by dialing - *99# (NUUP)

26. SMS for Debit card blocking - 5616150

27. Baroda Gift card is verified by - VISA

28. Bank of Baroda Loyalty Program – Baroda Rewardz

29. Min. time for fund transfer after registration of beneficiary in Baroda Connect – 4hr

30. Validation of OTP in Baroda Connect – 3 Minutes

31. Limit of RuPay Platinum at POS – 1 Lac

32. Suspicious transaction report monitor by - FIU-IND

33. New file in Word open by – Ctrl+N

34. In Excel any formula starts with - = (equal sign)

35. Who is beneficiary in account of two person ‘A’ & ‘B’ having instruction “E or S” & nominee ‘C’ after death of ‘A’ - B

36. Section 131 - Collecting Banker

37. Min. time period for FDR - 7 days

38. Minor account operated by - Natural Guardian

39. BCSBI for - Customer services

40. UIDAI - Unique Identification Authority of India

41. Validation of PAN - PANVAL

42. Number of digit in TAN - 10

43. Baroda M-Clip - Mobile Wallet

44. EMV stand for - Europay, MasterCard and Visa

45. Arithmetic mean in Exel - Average

46. Validity of Chaque/BC - 90 days

47. 51% Share of Government - Public Sector 

48.  For non deduction of TDS above 60 years - 15H

49. RIRD - Regular Income cum Recurring Deposit

50. LLP - Limited Liability Partnership

51. Protection of Collective Banker - Sec 131

Note: - If any one have some question that is missing here, kindly share with me.

Disclaimer - All the above question is based on memory of appearing candidate. Special thanks to Mr. Pramod Mishra & Mritunjay.

Read More

English Question -Bank Of Baroda - "Clerical to officer 2017"

EXAM DATED 08.01.2017

A recent report in News Week says that in American colleges, students of Asian origin outperform not only the minority group students but the majority whites as well. Many of these students must be of Indian origin, and their achievement is something we can be proud of. It is unlikely that these talented youngsters will come back to India, and that is the familiar brain drain problem. However recent statements by the nation's policy-makers indicate that the perception of this issue is changing. 'Brain bank' and not 'brain drain' is the more appropriate idea, they suggest since the expertise of Indians abroad is only deposited in other places and not lost.

           This may be so, but this brain bank, like most other banks, is one that primarily serves customers in its neighborhood. The skills of the Asians now excelling in America's colleges will mainly help the U.S.A.. No matter how significant, what non-resident Indians do for India and what their counterparts do for other Asian lands is only a by-product. But it is also necessary to ask, or be reminded, why Indians study fruitfully when abroad. The Asians whose accomplishments News Week records would have probably had a very different tale if they had studied in India. In America they found elbow room, books and facilities not available and not likely to be available here. The need to prove themselves in their new country and the competition of an international standard they faced there must have cured mental and physical laziness. But other things helping them in America can be obtained here if we achieve a change in social attitudes, specially towards youth.

     We need to learn to value individuals and their unique qualities more than conformity and respectability. We need to learn the language of encouragement to add to our skill in flattery. We might also learn to be less liberal with blame and less tightfisted with appreciation, especially.

1. In general, the talented young Indians studying in America :

(a) have a reputation for being hard working.
(b) have the opportunity to contribute to India's development.
(c) can solve the brain drain problem because of recent changes in policy.
(d) will not return to pursue their careers in India.

Ans (d)

2. There is talk now of the 'brain bank'. This idea :

(a) is a solution to the brain drain problem.
(b) is a new problem caused partly by the brain drain.
(c) is a new way of looking at the role of qualified Indians living abroad.
(d) is based on a plan to utilize foreign exchange remittances to stimulate research and development.

Ans (c)

3. The brain bank has limitations like all banks in the sense that:

(a) a bank's services go mainly to those near it.
(b) small neighborhood banks are not visible in this age of multinationals.
(c) only what is deposited can be withdrawn and utilized.
(d) no one can be forced to put his assets in a bank.

Ans (a)

4. Outperform - Perform better
5. Culpable - Innocent
6. Probity - Honesty
7. Decamp - Flee
8. Antonym of "Comfort" - Grief
9. Synonym of " Conservative" - Traditional
10. The Earth "moves" around the Sun.
11. Latter - Formal
12. Rohan is too small to play cricket
13. Flower smells very nice

Disclaimer - All the above question is based on memory of appearing candidate and sources from internet so some question may be differ and extra in passage section . I am also thanks for sharing these question & special Thanks to Mr. Narendra Parundiya & Mr. Satish Yadav

Read More

GK Question - Bank Of Baroda "Clerical to Officer 2017"

EXAM DATED 08.01.2017

1. Banking Research and Development Institute - Hyderabad
2. NACH by - NPCI
3. DB is - ICICI and SBI
4. Mission Indradhanush in DRT - 7
5. 2018 Asian Games will be - Indonesia
6. Dronacharya Prize given to - Coaches
7. Marry Com - Boxing
8. In Olympic P V Sindhu won - Silver Medal

9. India won first Gold medal in Hockey - 1928

10. Rajyawardhan Singh Rathore - Minister of State for Information & Broadcasting

11. UIDAI - Unique Identification Development Authority of India

12. MUDRA - Micro Units Development Refinance Agency

13. FSSAI - Food Saftey and Standard Authority of India

14. Mohiniattam Dance - Kerala

15. Headquarter of Sahitya Akademi - New Delhi

16. Nobel Prize in Literature - Rabindra Nath Tagore

17. Author of "One Indian Girl" - Chetan Bhagat

18. Yoga Day - 21 June

19. PM Scheme skill & Development for youth - PMKVY

20. Tim Cook is CEO of - Apple  

Disclaimer - All the above question is based on memory of appearing candidate. I am also thanks full of these candidate for sharing these question.

  

Read More

Mock Test - 3- Retail Liability

Mock Test on Retail Liability

1. In Baroda Super Savings Bank a/c minimum Quarterly Average Balance is

Rs.10000
Rs.15000
Rs.20000
Rs.25000
Rs.50000


2. In Super Savings Bank account Cheque Book issue charges in excess of 40 leaves in a year are

Rs.2/- + S T
Rs.2.5/- + S T
Rs.3/- + S T
Rs.4/- + S T
No charge


3. How many withdrawals allowed in a half year in Baroda Advantage Savings Bank a/c without charges

20
50
100
120
Unlimited


4. Minimum age for opening Savings Bank account in sole name of minor(able to read & write) is

10 Years & Above
14 Years & Above
18 Years & Above
15 Years & Above
21 Years & Above


5. In Baroda Bachat Mitra (Overdraft facility in savings a/c), what is the minimum overdraft facility

Rs.10000/-
Rs.5000/-
Rs.8000/-
Rs.25000/-
Rs.100000/-


6. What is the maximum amount of overdraft, we can allow in Baroda Pensioners Savings Bank a/c

1 month pension amount
2 month pension amount
10 month pension amount
20 month pension amount
No Overdraft


7. Minimum age required to obtain life insurance cover in the Baroda Jeevan Suraksha Savings Bank a/c

10 years
15 years
18 years
21 years
25 years


8. Exchange for Demand draft and Banker’s cheque for Baroda Premium current account holder is

25 % discount
50 % discount
100 % discount
No discount
None of the above


9. In Baroda Centenary SB account, interest will be payable ___________on daily product basis,

Quarterly basis
Half yearly basis
Yearly basis
Weekly basis
Daily basis


10. Immediate credit is given in Baroda premium current account privilege for Rs.

25000
50000
75000
150000
250000


11. Auto sweep facility is available in

Baroda premium current account
Baroda premium privilege current account
Both the above
Only in Baroda Premium Privilege current account only
No such facility is available


12. In Baroda Premium Privilege current account balance is to be maintained

Minimum 100000
Minimum 250000
QAB 100000
QAB 250000
None of the above


13. Minimum period of SDR in auto sweep for Baroda premium current account accounts is

15 days
5 days
45 days
7 days
30 days


14. Maximum no. of withdrawals allowed in a month in Baroda basic saving Bank a/c is

2
3
4
6
10


15. Minimum take home salary required under Baroda Salary Advantage a/c for OD f facility is Rs.-

1000
2000
5000
8000
10000

Wish You Best of Luck

Read More

MCQ Banking Technology

1. Baroda Gift Card can be used for transactions at ___

A. POS only

B. POS & Online purchases
C. POS & BoB ATM
D. POS & Online purchases & Bob ATM

2. Baroda e-Gateway processes _____ transactions.
A. Internet Banking transactions only
B. Mobile Banking transactions
C. Visa & Master Card transactions
D. All e-banking transactions

3. The amount of penalty payable to customers for non-reimbursement of failed ATM transaction amount within seven working days is ____.
A. Rs.1000
B. Rs.5000
C. Equivalent to transaction amount
D. Rs.100 per day from 8th working day of receiving complaint if complaint   received within 30 days from the date of transaction

4. ___ Nos. Financial and Non-Financial Transactions (both inclusive) during each calendar month is free for Saving Bank Account Holder.

A. 4
B. 5
C. 7
D. 10

5. Information Technology Act was introduced in the year __

A. 1996
B. 2000
C. 2004
D. 2008

6. BarodaRemitXpress is an Online International Money Transfer Service provided in association with

A. VISA
B. Master Card
C. Times of Money
D. UAEEFSL

7. The following are the services offered by Baroda Contact Centre

A. Branch / ATM Locator
B. Blocking of Debit Card
C. Stop Payment of Cheque
D. All the above

8. No. of ATM transactions allowed per day in Visa Platinum Debit Card is

A. 4
B. 5
C. 8
D. 10

9. Facility of Baroda Contact Centre is available daily to customers from

A. 10am to 5pm
B. 24 hours a day
C. 6am to 10 pm
D. 6am to 6pm

10. RuPay Card has been launched by ____

A. IDRBT
B. RBI
C. NPCI
D. IBA

Answer Key

1	2	3	4	5	6	7	8	9	10
B	C	D	B	B	C	D	D	C	C

Read More

MCQ Banking Related

BANKING RELATED QUESTION

1. What is the penalty for not maintaining QAB in Baroda Advantage Savings Bank Account quarterly?
A. Rs.50 + service tax
B. Rs.100 + service tax
C. Rs.500 + service tax
D. Rs.600 + service tax

2. What should be minimum age of a depositor to get life insurance cover under Baroda Jeevan-Suraksha Savings Bank account Scheme?
A. 10 years
B. 14 years
C. 18 years
D. 21 years

3. In case of Hypothecation of Goods, the possession of goods is with….
A. Banker
B. Borrower
C. Insurance Company
D. Jointly with Borrower and Banker

4. Under Sukanya Samridhi Account the minimum amount required to be deposited per annum is:
A. Rs.100/-
B. Rs.500/-
C. Rs.1000/-
D. Rs.5000/-

5. In our bank, what is the maximum limit of individual transaction presently under NEFT System through Finacle
A. Rs. 2 lac
B. Rs. 5 lac
C. Rs. 50 crore
D. Rs. 100 crore

6. The term VSAT stands for:
A. Variable small aperture terminal
B. Very small available terminal
C. Very small aperture terminal
D. Very small airport terminal

7. A request has been made by a customer to the branch to give him balance certificate of all his accounts running under his unique customer id. Which menu is used to generate balance certificate for all the accounts under one customer id?
A. INTCERT
B. AINTRPT
C. CUSTBALP
D. CUSTBALCERT

8. IMPS stands for
A. Interbank Mobile Payment Service
B. Interbank Mobile Payment System
C. Indian Money Payment System
D. Immediate Payment Service

9. In case of Private / Public limited company which of the following document _______ is not mandatory for opening Current Account
A. Certificate of incorporation
B. Memorandum of Association
C. Certificate of commencement of business
D. Company Identification Number

10. The immediate credit of outstation cheque can be done up to a maximum of Rs. -------------------- in super savings bank account.
A. Rs.50000/-
B. Rs.20000/-
C. Rs.10,000/-
D. Rs.25,000/-

Answer Key -

1	2	3	4	5	6	7	8	9	10
B	C	B	C	C	C	C	D	C	D

Read More