Aspire Govt Job

Recently i.e On 11/11/2023 PSU Bank (CANARA BANK) conducted a Promotion test for aspirants of scale 1 to scale 2. Overall 100 general banking questions were asked and 140Min time was given. This is the same as the IBPS pattern exam. These questions cover all the banks that conduct internal promotion tests. Here you will get only 20 to 25 questions that were asked in the exam. This is the moderate-level exam. The reporting time was 1.30 but you can go 15Min late as there will be checking and registering of candidates. IBPS prepares the question paper on behalf of Canara Bank. So the transparency in selecting the candidates through the exam pattern is very good. Many questions are asked based on the policies of the bank. The common policies you need to study will also be mentioned here.

1. PM KUSUM: For components B & C 30% of Project cost is enumerated in DPR. 
2. CSR: Corporate Social Responsibility INDO NEPAL maximum ceiling in BC locations per person per day is 25,000.
3. TAT: What is the Turn Around Time (TAT) to settle the digital transactions.
4. TWO: Technically Write Off in case of Doubtful assets.
5. SARFAESI: In how many days does the Authorised Officer have to serve the sale notice along with the cover letter?
6. FATF: Financial Action Task Force
7. Income Tax: If a person does not have PAN he is to serve the FORM60 under rule 114B
8. Priority Sector Lending: Start-Up company which has engaged in Agri allied activity. The maximum loan amount to be considered under Priority Sector Lending is 50 crore.
9. Risk weight: For housing loans, up to 30 Lakhs is 35%.
10. Interest Subvention: Agri Infra Finance (AIF) will be getting interest subvention of 3% up to 2 crore.
11. Gold reappraisal: Reappraisal should be completed for the previous quarter within how many days? (1month 45days 2months 2.5months 3months)
12. Risk weight: Risk weight is redefined. Business risk _____ percent growth and control risk _____ % growth. (10-90, 15-85 25-75 20-80).
13. NPA: Settlement of NPA's in the MSME Sector with Book Liability less than 2crore for accounts due Rs. ______lakh, and valuation not older than _____ years. (20-3, 10-1, 25-2, 25-1, 15-6)
14. Sale of Pool of Loans: Maximum sale to one trader with regard to "sale of pool of loans" is ___ crores. (500 1000 4000 5000 2500)
15. Soil Note: A portion of a note missing or note is of more than two pieces. This type of note is called a Mutilated note.
16. TLTRO: Full form is Targeted Long Term Repo Operations. The question asked is what does R stands for in TLTRL?
17. Term Deposit: If a Term Deposit matures, it is not closed the rate of interest it carries?
18. Large Branch: Average advances fall between ____ & ___ crore to be classified as large branch?
19. Cheque Return: The Cheque is dishonored for how many times the bank will stop issuing the cheque and close the account.
20. Legal Audit: Legal audit fee for mortgage-based loans charges paid to advocate?
21. UEBT complaint: When does customer entitlement become zero.
22. Debit Card: Platinum card coverage for air accident is 8 Lakhs.
23. Debit Card: Debit card can issued to minors above the age of 10 Years
24. Rating: Internal rating limit is 25 crore
25. Service charge: As per RBI guidelines services charges can be exempted up to Rs. 25,000.
26. Death claim: Death claim should be settled within 15 days after receiving all documents.

GK questions on INDIAN POLITY for students aspiring GOVT JOB. We are providing these one-liners to prepare well for the upcoming examinations. These are important questions asked in previous exams of SSC & APPSC. These one-liners cover "Indian Polity, Introduction".

RBI GRADE B WORK PROFILE Life of the RBI Officer is good. It is worth working with esteemed organization Reserve Bank of India (CENTRAL BANK). RBI monitors economic life of a country. There will be 7 wings that RBI focus to make India a stable Financial System. 

RBI GRADE B EXAM Pattern and Syllabus 

Time Management & Important Tips For Time management Phase 1 Examination RBI GRADE-B:

Phase -1: Preliminary exam on 9TH July 2023 . Will not be considered for the Final merit list. Negative Marking is applicable for an incorrect answer.

1.  General awareness for 80 Questions we have 25 Minutes. The peculiar thing is you have to answer 80 questions in 25 Minutes. Speed of all the candidates who will get selected for phase-2 counts here.
2. English 30 Questions and 25 Minutes
3. Quant 30 Questions and 30 Minutes
4. Reasoning 60 Questions 60 Minutes

Phase - 2 :

1. Economic and Social Issues: 50% Objective (30 Min) and 50% Descriptive (90 Min). 
2. English: Descriptive for 100 Marks in 90 Minutes
3. Finance and Management: 50% Objective (30 Min) and 50% Descriptive (90 Min). 

Phase - 3: Interview

RBI GRADE B FINAL SCORE WILL BE CALCULATED BASED ON MAINS AND

 INTERVIEW MARKS

RBI GRADE B PRELIMS SYLLABUS

ENGLISH LANGUAGE : 

• Reading Comprehension
• Sentence correction
• Double fillers
• Phrase/Word Replacement
• Passage Making
• Sentence framing

All PSU & RRB'S internal promotion interview questions and answers asked recently have been updated. These are the questions you need to know to get selected for the Promotion in banks. Banks conduct internal promotion exams, and then Interview from the Clerical cadre to scale 1. There will be two tire exams written and an interview. Here we will be discussing all the interview questions that will be commonly asked. Promotion is a must for aspiring employees in any bank.  So let's have basic questions and answers for interviews of all nationalized banks in India. 

PSU & RRB'S BANKS INTERNAL PROMOTION TIPS FOR INTERVIEW

1)Tell us about yourself?

My name is XYZ. I have worked as a software engineer for 3 months and came to this organization to give my best in the Bank. My hobby is to do websites and I have two websites right now. I have completed JAIIB and 2 certification courses. I have cleared CAIIB also.

2)What is your role in your branch?

My branch is having 108 cr business (large branch) and I handled all sections. I am handling gold loans and SB counter. I also do cts scanning. Our branch is located where hydroelectricity is generated so KEB pensioners are more.

(Pension loans and Gold Loans in our branch are 40/50 crore respectively)

3)What is your branch target for the priority sector?

4)What is MSME?

5)What is your branch actual target under AGRI PORTFOLIO?

6)What is major business in your area?

7)Bank business ?

8)Branch business?

9)Tell me about 10 retail loans? (MOST IMPORTANT QUESTION)

10)Tell me about 10 Priority sector loans?

11)Application form number for Some specific loans?

Education, Housing, Car, Pension loans

12)Stamp duty for specific loan amount?

13)Agreement required for specific loans?

Education, housing, retail loans

14)Any Suit filed under SARFAESI?

15)Lok Adalat any cases filed?

16)What are the 10 ways to reduce NPA in BANKS?

 For Scale 4 and above.

NPA RECOVERY STEPS START WITH ISSUING REMINDER ADVICE 1 AND REMINDER ADVICE 2. THEN WE NEED TO EXPLAIN THE CONSEQUENCES OF THE SITUATION WHEN THE ACCOUNT SLIPS TO NPA. WE SHOULD EXPLAIN THAT IF ANY COLLATERAL IS AVAILABLE THEN WE WILL BE GOING FOR AUCTION. HERE ARE THE TOP 10 RECOVERY MEASURES WHEN THE LOAN ACCOUNT SLIPS TO NPA 

1. OTS
2. QUALITY ADVANCES
3. CGTMSE CLAIMS
4. MONITORING OF ACCOUNTS
5. RECOVERY TEAM SHOULD BE MAINTAINED IN RO
6. ENGAGING RECOVERY AGENT
7. RESCHEDULE OR RESTRUCTURE OF ACCOUNT WITH ENHANCEMENT
8. SARFAESI ACTION 
9. LEGAL PROCESS SHOULD BE MADE FAST
10. QUICK APPROCH OF DEFAULTER AND EXPLAINING THE CONSEQUENCES.

FIRST PSU BANK TO CREDIT PLI  : 

    The First Bank to credit PLI for the FY 22-23 to its bank employees is UNION BANK OF INDIA. 15 Days' salary is calculated and credited today (06/05/2023). 

WHEN DOES CANARA BANK CREDIT PLI FY 2022-2023:

 Canara bank one of the peer banks among PSU banks will credit PLI as agreed to the 11th Bipartite settlement to its employees just after releasing their balance sheet for FY 2022-2023. Canara Bank has achieved the Operating profit target and , 15 Days PLI will be credited between 08/05/2023 to 10/05/2023 after releasing the balance sheet which is expected board meeting on Monday i.e 08/05/2023. 

HOW MUCH AMOUNT OF PLI WILL I GET?

20510 * X / 27570