Quiz on Compliance

Which of the following act as Second Line of Defence

• Operating Units
• Back Office
• Compliance Department
• Audit Function

Which of the following parameter has newly added in Zero Tolerance Area

• Periodic Visit of Compliance Officer

• Periodic Visit of HR Official

• Periodic Visit of RM/DRM

• Periodic Visit of Security Officer

Which of the following is not a Zero Tolerance Area

• Generation, checking and filing of Exceptional Transaction Reports.
• Generation, checking and filing of Inter sol Transaction Reports
• Generation, checking and signing of change of Mobile Number Report
• Attending and rectification of CEMU Alerts

After receiving how many Red Flag Points (after netting White Flag Points) an employee will be put under watch-list?

• 10

• 30

• 50

• 40

how many White flag points has been awarded for Category 3

• 1
• 3
• 5
• 4

Who will update Red Flag/White Flag points in Employee HRMS dats

• HRM Deptt
• Compliance Deptt
• Audit Deptt
• RM/DRM

On-Site Compliance Test Checking is done by Regional Compliance Officer at

• Monthly Basis
• Quarterly Basis
• Annual Basis
• Half Yearly Basis

Full Form of OCRMS

• OFF-SITE COMPLAINTS REPORTING AND MONITORING SYSTEM
• ON-SITE COMPLAINTS REPORTING AND MONITORING SYSTEM
• OFF-SITE COMPLIANCE REPORTING AND MONITORING SYSTEM
• ON-SITE COMPLIANCE REPORTING AND MONITORING SYSTEM

RCO perform On-Site Compliance Test Checking on quarterly Basis for __ Branches of respective Region

• `10%
• `20%
• `25%
• `50%

Which of the following is not a valid CDD measure

• Simplified Due Diligence
• Basic Due Diligence
• Enhanced Due Diligence
• Medium Due Diligence