General Banking PPT

What is the period of Preservation of records/files related to Branch License/Branch Shifting?

• Permanently

• 30 years

• 20 years

• 25 years

What is the period of preservation of records/files related to Records of Transactions pertaining to Money Changing Activities?

• Permanently

• 20 years

• 10 years

• 05 years

What is the period of preservation of physical cheques under CTS?

• Permanently

• 20 years

• 10 years

• 05 years

What is the period of preservation of Records which relate to disputes or litigations in the Court of Law?

• a) 20 years from the date of dispute.

• b) 10 years after the disputes are over

• c) 12 years after the disputes are over

• d) 20 years after the disputes are over

What is the period of preservation of Counterfeit Notes received from Police Authorities/Courts?

• a) The branches should preserve the Counterfeit Notes for a period of three years from the date of receipt from the Police Authorities/Courts

• b) Counterfeit notes, which are subject matter of litigation in the court of law should be preserved with the branch concerned for three years after conclusion of the court case

• c) both a and b

• d) The branches should preserve the Counterfeit Notes for a period of ten years from the date of receipt from the Police Authorities/Courts

What is the period of preservation of Rejected loan proposals?

• a) 05 years

• b) 10 years

• c) 01 years

• d) 08 years

It is mandatory for bank to reimburse the customer the amount wrongfully debited on account of failed ATM within a maximum period of ______ from the receipt of the complaint

• a) T+5 days

• b) T+7 days

• c) T+3 days

• d) T+1 days

In case of Immediate Payment System (IMPS), account debited but the beneficiary account is not credited, beneficiary bank should auto reverse it within _____.

• a) T + 7 day

• b) same day

• c) T + 5day

• d) T+ 1 day

For filling a complaint in a consumer forum, the service should be valid within how many years?

• a) 1 Year

• b) 2 Years

• c) 3 Years

• d) 5 Years

A customer is said to have died intestate, when:

• a) He has left a will

• a) He has left a will

• b) He died without a will

• c) He has left a probate