Environmental Responsibility and Asset Management Quiz
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Questions and Answers

What is the primary purpose of the content presented?

  • To promote paper usage.
  • To provide guidelines for promotional materials.
  • To discuss the importance of trees.
  • To highlight environmental conservation. (correct)

Which of the following elements is least emphasized in this document?

  • Supplemental learning efforts.
  • Learning resources.
  • Environmental impact assessment. (correct)
  • Updated information and guidelines.

What type of guidelines does the document refer to?

  • Event planning strategies.
  • Marketing campaigns.
  • SOPs and circulars. (correct)
  • Social media engagement.

What main action does the document suggest to promote environmental responsibility?

<p>Promote paper recycling. (D)</p> Signup and view all the answers

What is the tone of the document regarding environmental awareness?

<p>Urgent and action-oriented. (A)</p> Signup and view all the answers

Which audience is likely being addressed in this content?

<p>Academy students and promotion aspirants. (A)</p> Signup and view all the answers

What does the document suggest about current practices regarding environmental conservation?

<p>They should include newer practices and updates. (A)</p> Signup and view all the answers

Which concept is indirectly suggested in the document?

<p>A need for keeping the environment in consideration. (C)</p> Signup and view all the answers

What is the primary consideration for classifying an asset based on?

<p>Borrower-wise (C)</p> Signup and view all the answers

What might indicate that an asset is considered uncollectible?

<p>Little or no salvage value (D)</p> Signup and view all the answers

In what situation is it considered difficult to envision a problem arising?

<p>When one security issued becomes a problem at only one facility (D)</p> Signup and view all the answers

What is implied about an asset with salvage or recovery value?

<p>It may retain some level of worth despite being problematic (B)</p> Signup and view all the answers

What is implied about the relationship between borrower's securities and credit issues?

<p>Any security issued may lead to a credit issue (C)</p> Signup and view all the answers

What distinguishes an asset as bankable according to the content?

<p>The expectation of continued value (C)</p> Signup and view all the answers

What does it mean when an asset is referred to as having a 'little' value?

<p>It is unlikely to provide significant recovery value (B)</p> Signup and view all the answers

What concept is suggested by the phrase 'investment in AS' relating to asset classification?

<p>Asset investments are crucial for determining risk levels (C)</p> Signup and view all the answers

What should member banks ensure regarding the handling of recoveries?

<p>Express consent from the lead bank for transfer of recovery share (D)</p> Signup and view all the answers

Which situation will lead to the classification of an account as NPA?

<p>Bank receiving remittances is not parting with its share (C)</p> Signup and view all the answers

What is required for proper asset classification in member banks' books?

<p>Express consent from the lead bank regarding recovery transfers (A)</p> Signup and view all the answers

What is the initial step member banks should take when involved in a consortium?

<p>Secure express consent from the lead bank (A)</p> Signup and view all the answers

If a bank is part of a consortium but does not receive remittances, how should it classify its account?

<p>As non-performing asset (NPA) (D)</p> Signup and view all the answers

What is the effect of not obtaining consent from the lead bank on a recovery share?

<p>Leads to misclassification of assets (A)</p> Signup and view all the answers

In the context of a consortium, what role does the lead bank play regarding recoveries?

<p>Coordinates recovery efforts among member banks (C)</p> Signup and view all the answers

What must banks in a consortium do when they want to recover an asset?

<p>Seek explicit permission from the lead bank for recovery actions (B)</p> Signup and view all the answers

What is the maximum loan disbursement period for short-term crops?

<p>12 months (D)</p> Signup and view all the answers

How often can new accounts be renewed in relation to crop harvesting?

<p>Every harvesting season (D)</p> Signup and view all the answers

What is the significance of the term 'maximum 12 months from first loan date'?

<p>It limits the duration of the loan disbursement period. (A)</p> Signup and view all the answers

What does 'up to K per crop needs' imply in the context of short-term loans?

<p>A specific maximum amount can be borrowed per crop. (D)</p> Signup and view all the answers

Which of the following conditions pertains to the renewal of loans?

<p>Renewals must occur after the cultivation of the current crop. (C)</p> Signup and view all the answers

What does the acronym 'Mr' likely represent in the context of loan disbursement?

<p>Monthly repayment (B)</p> Signup and view all the answers

In agricultural financing, what is the primary purpose of synchronizing renewal accounts?

<p>To ensure alignment with harvesting periods (D)</p> Signup and view all the answers

What is the effect of loan disbursement for short-term crops on farmers?

<p>It provides necessary funds for crop production. (A)</p> Signup and view all the answers

What is the relationship between Mr and the Officers mentioned?

<p>Mr provides study material for the Officers. (B)</p> Signup and view all the answers

Which academic year is mentioned alongside the Officers?

<p>2025-26 (A)</p> Signup and view all the answers

In what context is 'Do Not Print' mentioned?

<p>As a directive for internal circulation only. (B)</p> Signup and view all the answers

What kind of exercise is suggested in the reference material?

<p>Promotional exercise studies. (D)</p> Signup and view all the answers

Which entity does Mr refer to in a professional context?

<p>An academic institution. (C)</p> Signup and view all the answers

What action is suggested by the phrase 'E unless extremely required'?

<p>To limit printing to essential needs. (B)</p> Signup and view all the answers

What is the focus of the study material referenced?

<p>Promotion preparation. (B)</p> Signup and view all the answers

Who are the 'officers' primarily addressed in the material?

<p>Educational leaders. (A)</p> Signup and view all the answers

What is implied by the abbreviation 'US' in the document?

<p>Universities and Schools. (C)</p> Signup and view all the answers

What does 'ASH' stand for in this document?

<p>Academy of Sciences and Humanities. (C)</p> Signup and view all the answers

What is the significance of the phrase 'in internal circulation only'?

<p>It indicates limited distribution to select individuals. (C)</p> Signup and view all the answers

What does the term 'study material for promotion' suggest?

<p>Resources for advancing in a career. (C)</p> Signup and view all the answers

What could the term 'Mr' symbolize throughout the document?

<p>A generic placeholder for names. (C)</p> Signup and view all the answers

What must be demonstrated for an advance to not be treated as a non-performing asset?

<p>Evidence of payment receipt by the importer (B)</p> Signup and view all the answers

In what scenario might an exporter face issues remitting dues despite receiving payment?

<p>Political developments affecting bank operations (A)</p> Signup and view all the answers

Which of the following is NOT a reason for a bank to be unable to remit an amount?

<p>Payment made in foreign currency (C)</p> Signup and view all the answers

What is essential for asset classification regarding an advance based on payment status?

<p>Actual receipt of payment by the bank (A)</p> Signup and view all the answers

What documentation can help establish that payment has been made to the bank abroad?

<p>Evidence of payment from the importer (C)</p> Signup and view all the answers

What financial classification could be affected if the advance is not properly documented?

<p>Asset classification (B)</p> Signup and view all the answers

What type of event could prevent an importer from remitting payments despite having paid the bank?

<p>Political developments (A)</p> Signup and view all the answers

To avoid an advance being designated as a non-performing asset, what must be true about the payment?

<p>It must be documented correctly (B)</p> Signup and view all the answers

Flashcards

Saver D

A booklet for learning.

Booklet Topics

Instructions, SOPs, and circulars.

Learning Efforts

Supplementing a learner's study.

Environment

The natural world.

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Updated Information

Current and recent information.

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Academy Advice

Guidance from the educational institution.

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Indicative Topics

Subjects covered in the booklet.

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Preserve/Save

To maintain or protect.

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Promotion study material

Reference material for officers' professional development and advancement.

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Internal circulation

Material distributed within an organization for specific use and not for broader distribution.

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Officer duties

Responsibilities of officers or employees in an organization.

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Reference material

Study material used for reference and learning.

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Study exercise

Activities designed to improve understanding and retention of information.

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Promotion

Advancement to a higher position or rank.

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Internal documents

Documents circulated within the company or organization.

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K of Baroda Bank

Name of a bank

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HAcademyANE

Name of an institution

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Y P officers

Officers in the organisation

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Asset Classification

Categorization of assets based on the borrower, not the facility.

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2025-26

A period of time

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Uncollectible asset

An asset with little or no recovery value.

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Bankable asset

Asset whose continued existence is viable/warranted as investment.

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Mr

Title.

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Study material

Resources for learning.

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Salvage value

Potential recovery value of an asset considered uncollectible.

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Securities Issued by Borrower

Financial instruments given by a borrower.

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Internal circulation only

Material intended for limited or specific use within the organisation

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Facility-wise classification

Categorization of assets based on specific financial instruments or agreements.

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Study exercise

Activities designed for learning and practice.

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Borrower-wise classification

Categorization focused on the individual responsible for the debt.

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Problem Asset

A security issue from a borrower that jeopardizes the investment or credit.

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Pooled accounts

Accounts from multiple banks combined into one for easier management and recovery.

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Non-Serviced Account (NPA)

An account where the bank is no longer involved or the remittance is not from a partner bank in the consortium.

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Consortium

Group of banks working together for a common recovery goal.

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Lead bank's consent

Permission from the primary bank for other banks' recovery share transfer.

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Recovery transfer

Movement of a bank's portion of the collected funds to a centralized account.

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Member bank's share

Portion of the recovery funds owned by an individual participating bank.

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Remittances

The payments made for or in connection with a pooled account.

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Export Project Finance

A type of financing used to support international trade, specifically for exporting goods or services.

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Non-performing Asset

An asset that is not generating expected returns, often due to inability to make timely payments.

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Actual Importer

The individual or company who ultimately buys the exported goods or services.

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Political Developments

Changes or events that occur in the political landscape of a country, such as wars, sanctions, or embargoes.

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Evidence

Proof or documentation that can support a claim or statement.

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Advance Payment

A payment made upfront before the goods or services are actually delivered.

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Provisioning

Setting aside funds to cover potential losses or liabilities related to assets.

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Loan Disbursement

The process of providing a loan to a borrower, making the funds available to them.

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Loan Period

The duration for which a loan is active, starting from the disbursement date and ending on the maturity date.

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Short Term Loan

A loan with a shorter repayment period, typically less than a year.

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Maximum Loan Period

The longest allowed duration for a loan, even with renewals.

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Loan Renewal

Extending the loan period for an additional term, requiring fresh assessment and potential adjustments.

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Loan Maturity Date

The final date when a loan is due to be fully repaid.

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Synchronized with Harvesting

Loan renewals aligned with the crop harvest cycle, ensuring borrowers have funds when needed.

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Crop Needs

The financial requirements for cultivating and tending to crops, including expenses for seeds, fertilizers, and labor.

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Study Notes

Reference Study Material for Promotion Exercise of Officers 2025-26

  • This booklet supplements learning efforts of promotion aspirants.
  • Topics include promotion exam within the Bank.
  • This booklet is not considered an instruction manual.
  • Employees should update themselves by reading Bank's circulars, guidelines, and latest banking industry/ other general awareness related news.

NPA Recovery, Receivables Management & Stressed Asset Management

  • Income Recognition: An asset becomes NPA when it ceases to generate income for the bank and principal/interest remains overdue for more than 90 days.
  • Overdue: Any amount due to the bank under any credit facility when it is not paid on the due date as fixed by the bank.
  • Non-Performing Asset (NPA): A loan or an advance where the principal & interest remains overdue for a period of more than 90 days in respect of a term loan.
  • Overdraft/Cash Credit (OD/CC): Account is considered as NPA if the account remains "Out of Order" for 90 days as on the Balance Sheet date.
  • Drawing Power: In case of working capital accounts, the drawings limit is determined based on the stock statement, which is older than 3 months.
  • Project Loan: Any term loan extended beyond a specific period for economic venture is classified as NPA if it's 90 days overdue or not achieving commercial operations within 2 years of commencement.

Income Recognition (Income Recognition Policy)

  • The policy of income recognition has to be objective and based on the record of recovery.
  • Banks should not charge and take to income account interest on any NPA, including government guaranteed accounts.
  • Interest on advances against Term Deposits, National Savings Certificates (NSCs), Indira Vikas Patras (IVPs), Kisan Vikas Patras (KVPs), and Life policies may be taken to income account on the due date, provided adequate margin is available.
  • Debts and commissions earned from banks as a result of renegotiated/ rescheduled extensions on credit should be recognized on an accrual basis over the period of time covered by the renegotiation or rescheduling.
  • If any advance (including bills purchased and discounted) becomes NPA, the entire interest accrued and credited to income account in the past periods should be reversed if the reversal is not realized.

Asset Classification

  • Banks classify non-performing assets into the following three categories:
    • Substandard Assets: NPA for a period of 12 months or more.
    • Doubtful Assets: NPA for a period of 12 months or more, where recovery is not possible.
    • Loss Assets: Assets with low recovery value.

Advances against Term Deposits, NSCs, KVPs/IVPs, etc.

  • Advances against term deposits, NSCs, KVPs/IVPs, and life policies should not be considered as NPAs provided adequate margin is available in the accounts.
  • Advances against gold ornaments and other securities are not covered under this norm.

Cropping Pattern

  • Short-term crops: Repayment maximum 12.
  • Long-term crops: Repayment maximum,18 months.

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Bank Promotion Exam Guide 2025-26 PDF

Description

Test your understanding of environmental responsibility and asset management concepts with this quiz. Explore the key elements, guidelines, and the implications of asset classification in relation to environmental awareness. Evaluate your knowledge on how current practices promote sustainability.

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