Elementary Banking

1. Auto sweep facility in Baroda Pensioner Saving Bank account is available above the
threshold credit balance of Rs.__________ in the Account.
a. 5
b. 1000
c. 500
d. 3000

2. Maximum Overdraft facility available in Baroda Salary Advantage Saving Account is Rs.
___________ Lacs?
a. 1.00
b. 2.00
c. 4.00
d. 3.00

3. What is the full form of FATCA?

a. Foreign Associate Tax Compliance Act
b. Foreign Account Tax Compliance Act
c. First Account Tax Compliance Act
d. Foreign Account Tax Corroboration Act

4. Baroda Recurring Deposit can be opened for a maximum deposit tenure of:
a. 12 months
b. 36 months
c. 60 months
d. 120 months

5. What is the maximum amount that can be deposited in PPF account during a financial
year?
a. Rs.1,00,000
b. Rs.1,50,000
c. Rs.2,00,000
d. Rs.2,50,000

6. Bank has recently launched a product with basic ideology of - “To Attract Tomorrow's
Customer Today”. The name of the product is ____________.
a. Baroda Bachat Mitra Saving Account
b. Baroda Champ SB Account
c. Baroda Jeevan Suraksha Saving Account
d. Baroda IFFCO Krisshi SB account

7. What is the minimum quarterly average balance requires to be maintained by individual in

Baroda Current Advantage Account at urban and metro branches?
a. Rs.25000
b. Rs.15000

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c. Rs.10000
d. Rs. 5000

8. The frauds and other kind of crimes committed using internet are called
a. Internet Frauds
b. Internet Crimes
c. Electronic Crimes
d. Cyber Crimes

9. Bank’s mission statement is “To be a top ranking National Bank of International Standards
committed to augmenting stake holders’ value through___________:
a. Concern, Care and Technology
b. Concern, Care and Competence
c. Competence, Service and Behavior
d. Skill, Attitude and Knowledge

10. Name of the Mobile Banking product in Bank of Baroda is

a. Baroda Connect
b. Baroda M-Connect Plus
c. Baroda Mobile
d. Baroda M-CLIP

11. Which kind of transactions are not allowed in cash recycler

a. Cash Deposit
b. Cash Withdrawal
c. Mini statement
d. Cheque deposit

12. SPGRS stands for

a. Standardised Private Grievance Redressal System
b. Standardised Public Grievance Retrieval System
c. Standardised Public Grievance Redressal System
d. Standardised Public Grievance Redressal Syllabus

13. Under Baroda Jeevan Suraksha Savings Bank Account the minimum Life Insurance Cover
available is
a. Rs. 1.00 lac
b. Rs.2.00 lac
c. Rs. 3.00 lac
d. Rs. 4.00 lac

14. Under Baroda Jeevan Suraksha Savings Bank Account the maximum Life Insurance
Cover available is
a. Rs. 1.00 lac

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 Elementary Banking

b. Rs.2.00 lac
c. Rs. 3.00 lac
d. Rs. 5.00 lac

15. What is the minimum stipulated installment of a recurring deposit account in rural & semi
urban area?
a. Rs.100
b. Rs.50
c. Rs.10
d. Rs.5

16. In the context of PMLA act PEP stands for

a. Politically Exposed Persons
b. Politically experienced persons
c. Politically exiled persons
d. Politically exempted persons

17. As per one of the rules in PRADHAN MANTRI SURAKSHA BIMA YOJANA The accident
cover for the member shall terminate and no benefit will be payable there under on
attaining age of ____ years (age nearest birth day)
a. 55
b. 60
c. 65
d. 70

18. Maximum Number of free cheque book/s available in Baroda Premium current account is:
a. One
b. Two
c. Three
d. Unlimited

19. What is the Minimum Quarterly Average Balance to be maintained in Baroda Premium
Current Account?
a. Rs. 150000/-
b. Rs. 100000/-
c. Rs. 75000/-
d. Rs. 25000/-

20. What is the minimum stipulated installment of a recurring deposit account in Urban
and Metro area?
a. Rs.100
b. Rs.50
c. Rs.10
d. Rs.5

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 Elementary Banking

21. Full KYC exercise will be required to be done at least every ____years for Low risk
Customers
a. 4
b. 6
c. 8
d. 10

22. Minimum Deposit Tenure for which Baroda Recurring Deposit account can be opened is
……….. months
a. 3
b. 6
c. 9
d. 12

23. In terms of KYC/AML guidelines , _______________ refers to the physical disposal of bulk
cash proceeds derived from illegal activity
a. Placement
b. Layering
c. Integration
d. Smurfing

24. In terms of KYC/AML guidelines , _______ refers to the separation of illicit proceeds from
their source by creating complex layers of financial transactions:
a. Placement
b. Layering
c. Integration
d. Smurfing

25. BCSBI stands for

a. Banking company and standard Board of India
b. Banking codes and standards Board of India
c. Banking codes and strategy Board of India
d. Banking company and strategy Board of India

26. In case of Safe Custody of articles the relationship between banker and customer is that
of:
a. Creditor and Debtor
b. Debtor and Creditor
c. Agent and Principal
d. Bailee and Bailer

27. MMID stands for

a. Money Main Identifier
b. Mobile Money Interface

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 Elementary Banking

c. Money Mobile Input

d. Mobile Money Identifier

28. Auto sweep to FFD facility is not available in:

a. Baroda premium current account
b. Baroda premium privilege current account
c. Baroda Advantage Current Account
d. Baroda Super Savings Bank Scheme

29. In Super Savings bank account, Interest is being paid on ………. Basis.
a. Monthly
b. Quarterly
c. Half Yearly
d. Yearly

30. Minimum amount required to open an account under BOB Suvidha Fixed Deposit Scheme
is
a. Rs. 2000/-
b. Rs. 3000/-
c. Rs. 5000/-
d. Rs. 10000/-

31. What is the Minimum Amount that can be accepted as short deposits for a period of 7 days
and above and less than 12 months?
a. Rs. 100/-
b. Rs. 500/-
c. Rs. 1000/-
d. Rs. 5000/-

32. A customer will be eligible for Overdraft in Baroda Salary Advantage Saving Bank Account
if his Minimum take home monthly Salary is….
a. Rs. 5000
b. Rs. 10000
c. Rs. 25000
d. Rs. 50000

33. What is the maximum amount of immediate credit of outstation cheque that can be allowed
in super savings bank account?
a. Rs.50000
b. Rs.20000
c. Rs.25000
d. Rs.100000

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 Elementary Banking

34. In a Financial Year under PPF maximum _____ installments can be deposited in the
account by the subscriber:
a. 01
b. 12
c. 06
d. 03

35. A customer is maintaining a current account, a facility is allowed by the bank to draw more
than the credit balance in the account, such facility is called …………….
a) Cash credit
b) Working capital Demand loan
c) Overdraft
d) Term Loan

36. In PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA Premium per annum per member
is
a. Rs. 300/-
b. Rs. 350/-
c. Rs. 330/-
d. Rs. 375/-

37. Which one of the following is a negotiable instrument under the Negotiable Instruments
Act 1881?
a. Cheque
b. FDR
c. NSC
d. LIC policy

38. Which Bank cannot offer credit facility to customers themselves?

a. Schedule Commercial Bank
b. Regional Rural Bank
c. Small Bank
d. Payment Bank

39. Full KYC exercise will be required to be done at least every ____years for Medium risk
Customers
a. 2
b. 4
c. 6
d. 8

40. In terms of Banking, What is full form of D-SIBs

a. Domestic System of Indian Banks
b. Domestic System on Internet Banking
c. Domestic Systematically Important Banks

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 Elementary Banking

d. Global System on Internet Banking

41. First Overseas Branch of our Bank was established in

a. Mombassa,Kenya in 1953
b. London,UK in 1957
c. Dubai,UAE in 1963
d. Mombassa,Kenya in 1957

42. The BBPS is a Reserve Bank of India conceptualized system driven by NPCI. BBPS stand
for –
a. Bharat Bill Payment Service
b. Bharat Bill Payment System
c. Bank Board Payee System
d. Bharat Bill Payment Seva

43. How many time/s loans are permissible against PPF during currency of an account
a. 2 times
b. 3 times
c. 1 time
d. No limit

44. Mutual funds are required to be compulsorily registered with:

a. IRDA
b. SEBI
c. IBA
d. RBI

45. The primary relationship between the banker and the customer in case of a Deposit A/c
is that of:
a. Trustee and beneficiary
b. Debtor and Creditor
c. Lesser and lessee
d. Bailor and Bailee

46. UIDAI Stands for ……………………..

a. Unique Identification Authority of India
b. Unique Identification Action of India
c. Unique Information Authority of India
d. Unique Identification Agency of India

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 Elementary Banking

47. PCR is an important parameter for covering losses from NPAs. What is full form of PCR?
a. Public Credit Ratio
b. Personal Credit Ratio
c. Payment Credit Ratio
d. Provision Coverage Ratio

48. STR in the context of PMLA stands for?

a. Suspicious Transfer Reports
b. Suspicious Transaction Reports
c. Suspicious Transaction References
d. Suspicious Transaction Regularization

49. Bank of Baroda’s Internet Payment Gateway is called as

a. Baroda e-Gateway
b. Baroda Payment Gateway
c. Payment e-Gateway
d. BOB e-Gateway

50. In context of digital banking USSD stands for

a. Unified SMS Service Device
b. Unstructured Supplementary Services Data
c. Unstructured SMS Services Data
d. Unified Services SMS Device

51. In the field of Capital Markets what does ASBA stands for
a. Application Segment for Blocked Amount
b. Application Supported by Blocked Amount
c. Application System for Blocked Amount
d. Application Support for Blocked Amount

52. What should be the minimum age for personal accident insurance to cover RuPay
cardholders?
a) Above 5 years
b) Above 7 years
c) Above 9 years
d) Above 15 years

53. IMPS with respect to digital banking stands for

a. Interbank Mobile Payment Service
b. Immediete Payment Service
c. Innovative Mobile Payment Service
d. Immediete Money Payment Service

54. What is the full form of CVV

a. Cheque Validation Digit

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 Elementary Banking

b. Card Voice Certificate

c. Cheque Verification Code
d. Card Verification Value

55. Shopping, dining, paying bills by using our Bank debit card leads to accumulation of loyalty
points which can be redeemed. What is the name of this loyalty programme.
a. Baroda Funfair
b. Baroda Loyal
c. Baroda Rewardz
d. Baroda Loot

56. What is the full form of PMMY, a scheme of Government of India?

a. Prime Minister Mukti Yojna
b. Pradhan Mantri Mudra Yojana
c. Pradhan Mantri Mitra Yojna
d. Pradhan Mantri Moksha Yojna

57. What is the full form of PMJJBY, a scheme of Government of India?

a. Prime Minister Jeevan Jal Yojna
b. Pradhan Mantri Jaan Jyoti Yojana
c. Prime Minister Jyot Jaan Yojna
d. Pradhan Mantri Jeevan Jyoti Bima Yojna

58. Commercial banks in India are required to maintain SLR. What is SLR?
a. Statutory liquidity ratio
b. Statutory Life ratio
c. Scientific Loan ratio
d. Scientific Liquidity Rate

59. NUUP stands for

a. National Unified USSD Platform
b. Nation United USSD Portal
c. National Unified Universal Platform
d. National Universal Unified Portal

60. Baroda Pensioner’s Savings scheme A/c can be opened with a minimum deposit of
Rs.____
a. 5
b. 10
c. 20
d. 3000

61. LLP stands for :-

a) Local Liability Partnership

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 Elementary Banking

b) Limited Liability Partnership

c) Long Lease Partnership
d) Liberal Limits Partnership

62. What is CFT under KYC / AML regulations?

a. Combating the financing of terrorism
b. Calculating financial terrorism
c. Commission on financial terrorism
d. Committee on financial terrorism

63. Which among the following is not the Key elements of KYC Policy:
a. Customer Acceptance Policy
b. Customer Identification Procedures
c. Monitoring of Transactions
d. Customer’s knowledge & qualification.

64. Online Complaint Tracking Module where customer can lodge the complaint and get
tracker id through
a. BOBMENU
b. CREMON
c. SPGRS
d. ICOMPLAIN

65. Bank of Baroda was founded by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III
on --------------------1908.
a. 20th July
b. 2nd October
c. 19th September
d. 19th July

66. Bank of Baroda has identified _________core values for all employees:
a. Two
b. Four
c. Six
d. Eight

67. Finacle menu option for issuance of self-service pass book to customers
a. PSP
b. PBP
c. SSPBP
d. PBSS

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68. Under Baroda Premium Current Account, immediate credit of outstation cheque is allowed
up to Rs.
a. 50,000
b. 1,00,000
c. 1,50,000
d. 2,50,000

69. If a forged note is tendered at the cash counter-

a. It should be immediately returned to the tenderer
b. Being a forged note, ab-initio, it has no value It should be destroyed in the branch
itself.
c. The word "forged" should be written prominently on the note before returning it to
the tenderer.
d. It should not be returned to the tenderer and be impounded

70. Which Organization provides the CAIIB Certificate?

a. RBI
b. SBI
c. IIBF
d. NABARD

71. Who amongst the following is competent to enter into a valid contract?
a) Minor
b) Insolvent
c) Lunatic
d) Senior citizen

72. Which categories of borrowers are covered under Pradhan Mantri Mudra Yojna (PMMY)
a. Small enterprises only
b. Micro Enterprises only
c. Medium Enterprises only
d. Micro and Small enterprises only

73. KYC exercise should be carried out every _______ years for high risk customers
a. 10
b. 8
c. 5
d. 2

74. Full form of TPA related to Insurance Policy is -

a. Third party agency
b. Tertiary product of agriculture
c. Third party administrator
d. Third Party agent

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75. Pradhan Mantri Suraksha Bima Yojana (PMSBY) is:

a. An accidental insurance scheme
b. A life insurance scheme
c. A crop insurance scheme
d. A medical health insurance scheme

76. The auto sweep frequency for Baroda Super Savings Account takes place at the end
of the day on_________
a. Everyday
b. Every Monday
c. Every Friday
d. Every Saturday

77. With respect to Sukanya Samriddhi Account, it can be opened with an initial deposit of Rs.
______
a. 100
b. 500
c. 1000
d. 2500

78. Debit card PIN generated through Bank of Baroda ATM is known as :
a. MOBILE PIN
b. CARD PIN
c. ATM PIN
d. GREEN PIN

79. In PRADHAN MANTRI SURAKSHA BIMA YOJANA Premium per annum per member is
a. Rs. 10/-
b. Rs. 11/-
c. Rs. 12/-
d. Rs. 13/-

80. With respect to KYC/AML/CFT what does CTR stands for

a. Cash Transfer report
b. Central Transactions report
c. Cash Transactions report
d. Cash Transactions register

81. In terms of RBI Monetary Policy Operations, LAF stands for:-

a. Liquid Asset Facility
b. Liquidity Adjustment Facility
c. Liquidity Assessment Facility

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 Elementary Banking

d. Liquid Assignment Facility

82. For becoming eligible for N.R.I status an Individual must have stayed out side India for a
minimum period of
a. 61 days
b. 91 days
c. 182 days
d. 271 days

83. At present background color of the Cheques of our bank for Saving accounts is ________

a. Light gray
b. Light orange
c. Light blue
d. Green

84. Indian Financial System Code (IFSC) has _______ characters.

a. 9
b. 10
c. 11
d. 12

85. Which among the following service is not provided through web portal of our Bank:
a. Account opening
b. Debit Card blocking
c. Aadhaar Seeding
d. Closure of Account

86. Who was the Founder of our Bank

a. Maharaja Sayajirao Gaekwad -I
b. Maharaja Sayajirao Gaekwad -II
c. Maharaja Sayajirao Gaekwad -III
d. Maharaja Sayajirao Gaekwad -IV

87. As per Baroda Auto Loan Scheme Maximum Loan limit For purchase of New Car is Rs.
_______ Lacs
a. 10.00
b. 25.00
c. 50.00
d. 100.00

88. As per Baroda Auto Loan Scheme for purchase of new car what is the margin requirement
a. 10% on ‘On Road Price’
b. 15% on ‘On Road Price’
c. 10% on ‘Ex-showroom price’’
d. 15% on ‘Ex-showroom price’’

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89. Baroda Premium Current Account Privilege (BPCAP) folio charges applicable are
a. Nil
b. Rs. 10/- per Folio
c. Rs. 20/- per Folio
d. Rs. 30/- per Folio

90. Which among the following is the Current Account Product of our Bank:
a. Baroda Advantage Current Account
b. Baroda Primary Current Account
c. Baroda Personal Current Account – Privilege
d. Baroda - Salary Advantage Current Account

91. The minimum period under Baroda Tax Saving Term Deposit scheme is ________ years
a. 1
b. 3
c. 5
d. 10

92. The full form of NRLM

a. National regular Livelihood Mission
b. National Rural livestock mission
c. National Rural Livelihood Mission
d. National rural livelihood model

93. What is the maximum repayment period allowed for Car Loan under Baroda Car loan
Scheme?
a. 36 months
b. 48 months
c. 60 months
d. 84 months

94. As per NABARD guidelines, Landholding size of small farmer is…….

a. Upto 1 hectare
b. 1-2 hectare
c. 2-3 Hectare
d. 2-4 Hectare

95. What is mean by LTV in case of Baroda Home Loan?

a. Loan to Various Parties
b. Liquid Trading Value
c. Loan to Value
d. Loan to Visibility

96. What is the maximum repayment period allowed in Baroda Home Loan Scheme?

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 Elementary Banking

a. 30 years
b. 25 years
c. 20 years
d. 18 years

97. What is the farm maintenance limit under BKCC scheme for all categories of borrowers?
a. 15% of crop production expenses
b. 20% of crop production expenses
c. 25% of crop production expenses
d. 30% of crop production expenses

98. Maximum limit for repair & renovation of dwelling units under Priority Sector guidelines is
Rs.__ lac in Rural & Semi Urban area and Rs. ___ lac in urban areas
a. 1 , 2
b. 2 , 3
c. 2 , 5
d. 3, 5

99. What should be the Minimum age of the co-borrower for Baroda Auto Loan
a. 15 year
b. 18 years
c. 20 years
d. 21 years

100. Under Baroda Mortgage Loan Scheme, Maximum number of co-applicants, whose
income can be considered for loan eligibility is restricted up to ..........

a. 5
b. 4
c. 6
d. 3

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