August Mock Answers PDF

# Baroda Bank Exam Questions ## Question 122 Which Retail product allows fresh or incremental loans in CMR 7 or below rating? - Future Rent Receivable Product - Mortgage Loans ## Question 121 What is the minimum cash margin required on BG/LC under the Baroda Contractor Scheme? - 15% ## Question...

# Baroda Bank Exam Questions ## Question 122 Which Retail product allows fresh or incremental loans in CMR 7 or below rating? - Future Rent Receivable Product - Mortgage Loans ## Question 121 What is the minimum cash margin required on BG/LC under the Baroda Contractor Scheme? - 15% ## Question 120 Who can approve a relaxation of 10% in minimum margin on LC/BG under the revised Baroda Contractor Scheme? - COCC-CGM ## Question 119 What is the minimum overall security coverage required for immovable properties plus cash margin under the revised scheme? - 65%  ## Question 118 Who has full powers to approve deviations in the cash margin and security coverage under the Baroda Contractor Scheme? - COCC-CGM ## Question 117 What is the minimum age for an individual guarantor under the revised Scheme for Financing Solar Projects? - 18 years ## Question 116 Maximum age of Proprietor (at the time of loan maturity) up to **70 years** may be permitted by ZOCC-GM for proposals up to their DLP, under the revised Scheme for Financing Solar Projects. ## Question 115 What is the maximum age allowed for the proprietor at the time of loan maturity under the revised Scheme for Financing Solar Projects? - 70 years ## Question 114 What is the maximum loan limit for a First-Time Buyer (FTB) under the revised Commercial Vehicle Finance scheme? - 25 lakh ## Question 113 How many buses can be financed for a school with 501 to 700 students under the Captive Segment in the CV Finance Program? - 10 buses ## Question 112 Which segments are now allowed financing for eVehicles under the Commercial Vehicle Finance Program? - All of the above ## Question 111 What is the maximum loan tenure for eVehicle financing under the revised Commercial Vehicle Finance scheme? - 60 months ## Question 110 Which OEMs are approved for eVehicle financing under the Commercial Vehicle Finance scheme? - All of the above ## Question 109 What is the revised maximum loan limit for the Strategic Segment under the Mining & Construction Equipment Finance Program? - 150 crore ## Question 108 Up to what percent of processing charges can COCC-GM waive for the Strategic segment under the Mining & Construction Equipment Finance Program? - 100% ## Question 107 Until when are the revised concessional interest rates under the Baroda Mortgage Loan (BML) scheme valid? - 31-12-2024 ## Question 106 What is the main restriction on car dealers under the Baroda Car Loan Scheme? - They cannot avail car loan for purchase of car of other OEMs for which they are not authorise dealer they are not authorised Car Dealer. ## Question 105 Which vehicles are eligible for financing under the Baroda Car Loan Scheme for private use? - All of the above ## Question 104 Which entities are allowed to avail car loans for corporate use under the scheme? - All of the above ## Question 103 What is the condition regarding the registration of vehicles financed for corporate entities under baroda Car Loan scheme.? - Vehicles must be registered as commercial vehicle ## Question 102 From which date will the Paperless Office be mandatory for all retail loan matters? - 01.10.2024 ## Question 101 What process is aimed to be improved by the introduction of the Paperless Office? - Turn Around Time (TAT) ## Question 100 Which decisions are can also be submitted via Paperless Office in the first phase as per the circular? - Retail loan proposals only ## Question 99 What circular numbers are referenced for clarification regarding various charges in Supply Chain Finance? - BCC:BR:115:326 and BCC:BR:116:354 ## Question 98 Who will bear the out-of-pocket expenses such as valuation charges, advocate fees, and audit charges under SCF? - None of the aboe ## Question 97 For the NRE & NRO account opening through BOB world Tab application, can be opened in 3 level verification, who is the First level user - CSA (Customer Service Associate)/Officer rights in Branch ## Question 96 For the NRE & NRO account opening through BOB world Tab application, can be opened in 3 level verification, who is the Second level user - "Operational Head" or any authorized officer designated by Region's of concern Regional Office with BH2 rights ## Question 95 For the NRE & NRO account opening through BOB world Tab application, can be opened in 3 level verification, who is the Third level user - "Operational Head" or any authorized officer designated by Region's of concern Regional Office with BH2 rights ## Question 94 In which year was the Baroda Alok Chandra Bravery Award established? - 2019 ## Question 93 Who is the recipient of the Baroda Alok Chandra Bravery Award for the year 2023-24? - Mr. Shambhu Kumar Jaiswal ## Question 92 What are the components of the Baroda Alok Chandra Bravery Award? - A Gold Medallion and a cash prize ## Question 91 Which day of the week is observed as nomination day - Tuesday ## Question 90 What should be done first when a complaint is lodged by a customer or third party? - Gather all relevant facts and study the same in an unbiased manner ## Question 89 What is the first step that should be taken upon receipt of a legal notice by the Bank? - Conduct a thorough study to analyze the issue and attend it expeditiously ## Question 88 What is the primary action that must be taken by the concerned office upon receiving a notice or summons? - Intimate about the notice to the respective Controlling Office along with the facts and documents within 2 days or before the date of hearing ## Question 87 Who is designated as the chairman of the committee formed to examine a case upon receipt of notices or summons? - In charge of the department ## Question 86 What should be done if a Law Officer is not available in a region to examine newly added litigations against the Bank? - The Officer to whom legal work is entrusted in the Region can be made as a member to the RO Committee in order to arrive at a decision of contesting/non contesting the case. ## Question 85 Who is designated as the chairman of the Consumer Complaint Resolution Centre as Nodal Point at each Zonal Office? - Zonal Head ## Question 84 What is the frequency of the meetings related to Consumer Complaint Resolution Centre as Nodal Point at each Zonal Office? - Monthly ## Question 83 Who is the appropriate authority to approve the draft reply prepared by advocates in case of litigations filed against the bank? - Law officer at ZO for claims above Rs 50 Lacs ## Question 82 On what basis high risk classification is done for the prpose of montitoring litigation filed against? - All of the above ## Question 81 On what basis medium risk classification is done for the prpose of montitoring litigation filed against? - Claim amount is between Rs.50 lakhs to Rs.l crore ## Question 80 Who has launched the new e-BKRAY portal for conducting e-auctions of bank's secured assets? - M/s PSB Alliance Pvt Ltd ## Question 79 Within how many days of issuance of show cause notice, borrower/guarantor/promoter has to submit the reply? - 21 days ## Question 78 What is the minimum outstanding amount for NPA accounts that the Bank will examine for 'wilful default'? - 50 lakh ## Question 77 How long will the ban on additional credit facilities to a wilful defaulter remain in effect after their name is removed from the List of Wilful Defaulters (LWD)? - 6 months ## Question 76 For how long is a wilful defaulter barred from receiving credit facilities for floating new ventures after their name is removed from the List of Wilful Defaulters (LWD)? - 5 year ## Question 75 After how long can a wilful defaulter or an associated entity be eligible for restructuring following the removal of their name from the List of Wilful Defaulters (LWD)? - 1 year ## Question 74 In what cases, bank shall remove the name of wilful defaulters from the list of wilful defaulters? - all of the above ## Question 73 What is the timeline to remove the name of wilful defaulters from the list of wilful defaulters? - 30 days ## Question 72 What happens to the names of borrowers or guarantors classified as wilful defaulters if their entity undergoes liquidation or a resolution plan leads to a change in management and control? - Only the promoters' names are removed. ## Question 71 What must a bank do before transferring any defaulted loan with an outstanding amount of Rs. 25 lacs and above to ARCs or other lenders? - Conduct a comprehensive investigation from a wilful default perspective. ## Question 70 How many photographs can branches upload for each property to be auctioned on the eBKray portal? - 7 ## Question 69 What is the primary platform for conducting e-auctions of bank's secured assets as of July 1, 2024? - eBKray ## Question 68 What is the threshold limit for classifying a borrower as a large defaulter according to RBI regulations? - 100 lakhs ## Question 67 Which of the following is NOT a ground for classifying a borrower as a wilful defaulter? - The borrower has the capacity to honor repayment obligations. ## Question 66 How long does the bank have to complete the classification of a borrower as a wilful defaulter after the account is classified as an NPA? - 30 days ## Question 65 What report is available to branches for unenriched Non-Individual/Corporate accounts? - CBS -> Corporate Menu -> Related Accounts ## Question 64 According to the bank's KYC guidelines, who requires separate Customer IDs? - All of these ## Question 63 What system pop-ups should not be ignored by branches during account creation or modification? - Customer Feedback Pop-ups ## Question 61 What happens if branches do not comply with the extant KYC guidelines for Non-Individual/Corporate accounts? - Penalties and fines ## Question 60 What is the maximum loan limit for farmers through KCC under the Modified Interest Subvention Scheme (MISS) for 2024-25? - 4 lakh ## Question 59 What is the interest subvention rate for lending institutions in 2024-25? - 0.03 ## Question 58 What additional interest subvention is provided as Prompt Repayment Incentive (PRI) for timely repayment? - 0.03 ## Question 57 What is the total interest rate applicable to farmers who repay on time under the Modified Interest Subvention Scheme (MISS) for 2024-25? - 0.04 ## Question 56 For how long can small and marginal farmers store their produce in warehouses to avail the subvention benefit post-harvest? - 6 months ## Question 55 What is the sub-limit of loans under MISS for farmers involved in animal husbandry, dairy, and allied activities? - 2 lakh ## Question 54 Aadhaar linkage is mandatory for availing short-term loans under MISS for which financial year? - 2024-25 ## Question 53 Up to what maximum period can a loan under MISS be repaid by farmers to avail the benefits? - 12 months ## Question 52 Which platform should banks use to submit and settle audited claims under the ISS? - Kisan Rin Portal ## Question 51 What is the new standard deduction under the Alternative/New Tax Regime as per the Finance (No. 2) Act, 2024? - 125000 ## Question 50 What is the maximum limit of employer's contribution to NPS under the New Tax Regime after the amendment? - 14% of Salary ## Question 49 What is the tax rate for income above ₹15,00,000 under the Alternative/New Tax Regime? - 0.3 ## Question 47 Under the amended Section 193, what is the threshold interest amount for TDS on Floating Rate Savings Bonds? - 10000 ## Question 46 What is the new definition of "Work" in Section 194C after the amendment? - Excludes professional fees ## Question 45 How much TDS is applicable on payments made to contractors under Section 194C for individuals? - 0.02 ## Question 44 What is the TDS rate under Section 194DA for life insurance policies as of October 1, 2024? - 0.05 ## Question 43 Under the amendments, what will be the tax treatment for buy-back of shares? - Taxable as capital gains ## Question 42 What is the TDS rate for payment of commission or brokerage under Section 194H from Oct 1, 2024? - 0.05 ## Question 41 Under Section 194-IA, what is the threshold amount for TDS on the transfer of immovable property? - 7500000 ## Question 40 What is the new TDS rate for Section 194G effective from October 1, 2024? - 2% ## Question 38 What is the maximum limit for TDS exemption under Section 194T for payments to partners? - 25000 ## Question 37 For long-term capital gains on units, what is the TDS rate effective after 23rd July, 2024? - 0.125 ## Question 36 In which year will the amendment for Section 194T take effect? - 2026 ## Question 35 What is the TDS rate for income received from bonds or Global Depository Receipts under Section 196C? - 0.15 ## Question 34 How is the aggregate consideration calculated under Section 194-IA? - Total of all transferors' payments ## Question 33 Which section addresses TDS on salary, remuneration, and commissions paid by a partnership firm? - Section 194H ## Question 32 What happens to the existing provisions under Section 87A according to the new amendments? - They remain unchanged ## Question 31 What is the impact of the Finance (No. 2) Act, 2024 on health and education cess? - It is modified ## Question 30 What is the TDS rate for TCS on payments for commissions and fees under Section 194H as of October 1, 2024? - 0.02 ## Question 29 What is the new TDS rate under Section 194F for payments related to repurchase of units by MF or UTI from 01 Oct 2024? - Omitted ## Question 28 Which amendment applies to the definition of "income from units" in Section 196B? - Change in applicable date ## Question 27 What is the main focus of Section 194-IA regarding TDS? - Transfer of immovable property other than Agriculture Land ## Question 26 What happens to the threshold for TDS under Section 194C? - It remains the same ## Question 25 What is the effective date for the change in TDS rates under various sections? - 45566 ## Question 24 What is the TDS threshold limit under Section 194J for professional fees? - 30000 ## Question 23 What is the new TDS rate under Section 1941A for immovable property other than Agriculture Land transactions effective from October 1, 2024? - 0.01 ## Question 22 What is the minimum period after which premature redemption of Sovereign Gold Bonds is permitted? - 5 years ## Question 21 What is the revised Loan-to-Value (LTV) ratio for non-agricultural gold loans, excluding EMI schemes? - 0.75 ## Question 20 According to the revised guidelines, what is the LTV ratio for non-agricultural gold loans under EMI schemes? - 0.75 ## Question 19 From July 1, 2024, only **MSME Manufacturer** exporters were eligible for the IES. ## Question 18 What is the cap on the subvention amount per Importer-Exporter Code (IEC) for the extended period of the IES scheme by RBIvide its notifcaiton/2024-25/71 DOR.STR.REC.41/04.02.001/2024-2 dated 29.08.2024 - 1.66 Crore ## Question 17 For proposals up to the OLP of COCC-GM, deviations in parameters defined under BARODA AROGYADHAM scheme can be permitted by: - COCC-GM ## Question 16 As per recent circualr issued by MSME Department, which authority can allow a concessional ROI of up to 55 bps below BRLLR for a rated account of CMR 1-5 - COCC-GM ## Question 15 when seeking authority for Disbursement of Fresh/Increase portion of Credit Facilities, the latest Credit Bureau report should not be older than - 30 days ## Question 14 Which of the following MSME constitutions is ineligible under the Baroda Property Pride scheme? - Public Limited Companies (listed) ## Question 13 Under the Baroda Property Pride scheme, the maximum age limit without any deviation for proprietorship/individual borrower concerns is: - 65 years ## Question 12 Under the Baroda Property Pride scheme, the maximum loan tenure for TERM LOAN secured by Residential and/or Commercial Property/ies is: - 20 years ## Question 11 Under the Baroda Property Pride scheme, the maximum loan tenure for TERM LOAN secured by Industrial Property/ies is: - 10 years ## Question 10 A borrower availing working capital assistance outside the Baroda Property Pride Scheme requires additional working capital. Which of the following facilities can be considered to augment or shore up the net working capital, subject to schematic guidelines and security coverage? - Drop Line Overdraft only for 7 years and Term Loan ## Question 9 What is the maximum ticket size for loan under Baroda Property Pride Scheme for CMR 1-3 category in a Semi-Urban branch - 7.5 Crore ## Question 8 What is the maximum permissible value of mall property(ies) that can be provided as security for a loan under BARODA LAP SCHEME, as a percentage of the total value of all properties offered as security? - 30% ## Question 7 U nder the Baroda LAP scheme, the maximum accetable age of a guarantor by end of loan tenor is: - 70 years ## Question 6 Under the Baroda LAP scheme, the acceptable CRIF cut-off score is - 631  ## Question 4 Under the PM Vishwakarma Scheme, the timeline for processing a loan application is  - 7 working day ## Question 3 Which retail loan products are experiencing a continuous rise in slippage according to the June 2024 figures? - All of the above ## Question 2 Which document provides guidance on the ratio of various CIBIL bucket customers to be acquired in the retail loan segment? - GCEMP 2024  ## Question 1 What is the maximum age criteria for guarantors if, the gurantor is owner of the property proposed as security subject to obtaining personal guarantee of legal heris under new solar project scheme - No age criteria