08-09-2007, 09:29 PM
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Q.1 Fill in the blanks (10) (Winter-2006)
v There is no other remedy for forgery in law as far as debiting a customerâs account is concerned except one ________________________________________________________________.
II.Opening and Handling Of Bank Accounts
Bank accounts classified by nature of deposits --- Current accounts; Profit and loss sharing savings accounts; term deposit accounts; dormant and inoperative accounts; unclaimed deposits. Bank accounts classified by nature of depositors --- accounts of individuals; joint accounts; accounts of agents; partnership accounts; accounts of private limited companies, companies with liability limited by guarantee, joint stock companies, trusts, executors, administrators, and liquidators; private non-resident rupee accounts;
Accounts of non-trading organizations â
Local bodies, clubs, societies etc.
Opening of accounts --- Know Your Customer (KYC); anti money laundering measures and other requirements of Prudential Regulations. Credit reference search and introduction; documents to be obtained from various categories of customers/account holders;
Chapter â IV Know Your Customer and AML (Anti Money Laundering)
4.1 Definition of Money Laundering
4.2 âKnow Your Customer (KYC)â
4.3 Anti Money Launder Measures
4.3.1 Regulation M-1 & 4.3.2 Regulation M-2
4.4 List of suspicious entries
Chapter â V Prudential Regulations for Banks
5.1 Nature of Prudential Regulations
5.2 Definitions of important terms
5.3 The Need for Prudential Regulations
5.4 Categories
5.4.1 Risk Management
(a) Corporate/Commercial Banking
(b) Small and Medium Enterprise
(c) Consumer Financing
Q.2 Please write the alphabet of selected answer in the column. (10) (Summer-2006)
iii. A bank is required to create Reserve against fully secured consumer portfolio @
A) 1.5 % B) 10 % C) 25 % D) None of the above
Q.1 Fill in the blanks (10) (Winter-2006)
v There is no other remedy for forgery in law as far as debiting a customerâs account is concerned except one ________________________________________________________________.
II.Opening and Handling Of Bank Accounts
Bank accounts classified by nature of deposits --- Current accounts; Profit and loss sharing savings accounts; term deposit accounts; dormant and inoperative accounts; unclaimed deposits. Bank accounts classified by nature of depositors --- accounts of individuals; joint accounts; accounts of agents; partnership accounts; accounts of private limited companies, companies with liability limited by guarantee, joint stock companies, trusts, executors, administrators, and liquidators; private non-resident rupee accounts;
Accounts of non-trading organizations â
Local bodies, clubs, societies etc.
Opening of accounts --- Know Your Customer (KYC); anti money laundering measures and other requirements of Prudential Regulations. Credit reference search and introduction; documents to be obtained from various categories of customers/account holders;
Chapter â IV Know Your Customer and AML (Anti Money Laundering)
4.1 Definition of Money Laundering
4.2 âKnow Your Customer (KYC)â
4.3 Anti Money Launder Measures
4.3.1 Regulation M-1 & 4.3.2 Regulation M-2
4.4 List of suspicious entries
Chapter â V Prudential Regulations for Banks
5.1 Nature of Prudential Regulations
5.2 Definitions of important terms
5.3 The Need for Prudential Regulations
5.4 Categories
5.4.1 Risk Management
(a) Corporate/Commercial Banking
(b) Small and Medium Enterprise
(c) Consumer Financing
Q.2 Please write the alphabet of selected answer in the column. (10) (Summer-2006)
iii. A bank is required to create Reserve against fully secured consumer portfolio @
A) 1.5 % B) 10 % C) 25 % D) None of the above
