Organisation : State Bank of India Officers’ Association
Exam : SBIOA Chennai Circle Online Test
Document Type : Online Test
Website : sbioacc.com
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SBIOA Chennai Circle Test Question Paper
Please login with your PF Number and Date of birth to take test.So long as you are ready to die for your Country, the life of our Country is immortal†-Mazzini SBIOA- The Saviour and Protector of the Supervising and Managerial staff viz, officers of the State Bank of India was formed in 1965.
Related : State Bank of India Probationary Officer PO Question Sample : www.pdfquestion.in/7209.html
It gave the officers freedom of association / assembly and expression under the rule of law, the indestructible building blocks of Trade Union Movement. Earlier the officers were sandwiched between the inhuman management and militant subordinates.
MODEL QUESTION PAPER
I. General Banking :
1. What is the threshold limit for non deduction of TDS in case of time deposit accounts?
a. Rs. 50000/-
b. Rs. 10000/-
c. Rs. 6000/-
d. Rs. 5000/-
2. What is the time limit for supply of information as per the Right to Information Act if it concerns the life and liberty of a person?
a. 12 hours
b. 24 hours
c. 36 hours
d. 48 hours
3. Which section of the Negotiable Instruments Act, 1881 defines Holder in due course?
a. Sec 11
b. Sec 10
c. Sec 15
d. Sec 20
4. Which Act defines the term ‘mortgage’?
a. Indian Contract Act
b. Transfer of Property Act
c. Consumer Protect Act
d. Banking Regulation Act
5. What is the relationship between RBI and SBI in case of currency chest branches?
a. Bailor and Bailee
b. Licensor and Licensee
c. Trustee and Beneficiary
d. Creditor and Debtor
6. KYC guidelines are based on the recommendation of which Committee?
a. Kalia Commmittee
b. Ghosh Committee
c. Basel Committee
d. Damodaran Committee
7. In case low risk customers, KYC should be updated at what intervals?
a. 10 years
b. 8 years
c. 6 years
d. 5 years
8. What is the maximum amount of compensation an Ombudsman can allow for any case referred to it?
a. 5 lacs
b. 10 lacs
c. 15 lacs
d. 20 lacs
9. Banks are required to maintain Cash Reserve Ratio with the RBI as per which section of the RBI Act?
a. Sec 51
b. Sec 42
c. Sec 21
d. Sec 24
10. What is the relationship between the Banker and a person who has left articles by mistake in the Branch Premises?
a. Trustee and Beneficiary
b. Bailor and Bailee
c. Pledgor and Pledgee
d. Debtor and Creditor
11. Gold Banking Business comes under which Strategic Business Unit?
a. Agricultural Business Unit
b. National Banking Group
c. Government Business Unit
d. Mid Corporate Group
12. How many articles are there in UCPDC 600?
a. 36
b. 37
c. 38
d. 39
13. What is the credit convertibility factor of a performance guarantee?
a. 25%
b. 50%
c. 100%
d. 125%
14. When a cheque is wrongfully dishonored, who is the Banker liable to?
a. Drawer
b. Payee
c. Bearer
d. None of the above
15. Noting has been defined under which section of the Negotiable Instruments Act?
a. Sec 24
b. Sec 42
c. Sec 99
d. Sec 100
16. Protection is given to a collecting Banker as per which section of the Negotiable Instruments Act?
a. Sec 10
b. Sec 34
c. Sec 131
d. Sec 139
17. What is the time period under the SARFAESI Act 2002, for justifying the possession, in case a borrower raises objection for the possession of the asset?
a. 7 days
b. 14 days
c. 21 days
d. 30 days
18. Which committee gave recommendations on the working capital requirements of the SSI Sector?
a. Goiporia committee
b. Kalia committee
c. Nayak committee
d. Narasimham committee
19. Customer Service Committee meeting is to be held at Branches at what intervals?
a. Monthly
b. Quarterly
c. Half yearly
d. Yearly
20. Who signs one rupee currency notes?
a. Governor, RBI
b. Prime Minister
c. Finance Secretary
d. Deputy Governor, RBI
21. Clean Note Policy has been issued by RBI under______?
a. Sec 35A of the RBI Act
b. Sec 35A of Banking Regulation Act
c. Sec 53A of the RBI Act
d. Sec 53A of Banking regulation Act
22. What is the cash withdrawal limit by a multi city cheque in case of non-home branches?
a. Rs. 10000/-
b. Rs. 20000/-
c. Rs. 25000/-
d. Rs. 50000/-
23. Guarantee Bond System is applicable to currency notes of up to which currency?
a. Rs. 10/-
b. Rs. 50/-
c. Rs. 100/-
d. Rs. 500/-
24. What is the periodicity of submitting Forms 60/61 to Income tax department?
a. Monthly
b. Quarterly
c. Half Yearly
d. Yearly
25. What is the monetary limit for cases referred to Lok Adalats?
a. 10 lacs
b. 20 lacs
c. 25 lacs
d. 50 lacs
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