Podcast
Questions and Answers
What is the required frequency for the inspection of all BC points?
What is the required frequency for the inspection of all BC points?
- Weekly
- Yearly
- Bi-annually
- Monthly (correct)
How often must BC points established under government projects be inspected?
How often must BC points established under government projects be inspected?
- Quarterly (correct)
- Monthly
- Bi-annually
- Annually
What type of visit ensures that an official from a non-link branch inspects a BC point?
What type of visit ensures that an official from a non-link branch inspects a BC point?
- Scheduled visit
- Random visit
- Incognito visit (correct)
- Annual visit
What must be done within three months of onboarding a new BC point?
What must be done within three months of onboarding a new BC point?
Which observation can be recorded as satisfactory during inspections?
Which observation can be recorded as satisfactory during inspections?
What is a reason for unsatisfactory observation during an inspection?
What is a reason for unsatisfactory observation during an inspection?
What percentage of BC outlets in a region are to be randomly visited by Regional Office officials?
What percentage of BC outlets in a region are to be randomly visited by Regional Office officials?
What happens if the guidelines are not complied with?
What happens if the guidelines are not complied with?
Flashcards
BC Point Inspection Frequency
BC Point Inspection Frequency
Link branches inspect all BC points monthly, and those under government projects quarterly. Regional office officials randomly inspect 10% of BC outlets each month.
BC Point Location Audit
BC Point Location Audit
Officials from non-linked branches conduct unannounced visits to BC points within a certain radius.RO coordinators assign BC points to officers of other branches for inspections.
Newly Onboarded BC Point Inspection
Newly Onboarded BC Point Inspection
Regional office officials are mandated to inspect newly added BC points within three months of their implementation.
Administrative Enforcement
Administrative Enforcement
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Inspection Fields (BC Points)
Inspection Fields (BC Points)
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Forgot Password Functionality
Forgot Password Functionality
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Inspection Rationalization
Inspection Rationalization
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Government Projects like UPSRLM
Government Projects like UPSRLM
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Study Notes
Administrative Enforcement of Accountability
- Non-compliance with guidelines will result in administrative enforcement of accountability (red flagging) as per bank policy.
- Thermal printers and sound boxes are included in the system.
- Transaction limit photos will be available at Business Centers (BC).
- Forgot password functionality for BC supervisors is planned.
- Inspection fields will be rationalized, including details for visiting official observations (e.g., satisfactory, unsatisfactory due to non-performance, cloning, suspected fraud, complaints, or non-compliance).
BC Point Inspection Frequency
- Link Branch Inspections: All BC points are inspected monthly. BC points under government projects (e.g., UPSRLM, RAJEEVIKA) are inspected quarterly.
- Link Branch Inspections (Repeat): All BC points are inspected monthly. BC points under government projects are inspected quarterly.
- Regional Office Inspections: RO officials randomly visit 10% of BC outlets in their region. Non-linked branch officers will perform "incognito" visits to BC points in other branches. RO coordinators will schedule these visits to ensure at least one BC point per branch is visited monthly.
- New BC Point Inspection: Newly onboarded BC points are inspected by the Regional Office (RO) within three months of onboarding.
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Description
This quiz focuses on the administrative enforcement of accountability in banking, detailing processes and inspection frequencies for Business Centers. Learn about compliance guidelines and inspection protocols, including technology used and non-compliance measures. Understand the implications of inspections on banking operations.
