Bank of India Credit Officer Exam: 1000 MCQs for Scale II III and IV: 36 Revision Flashcards

★★★★★
Rate this: Avg 0.0 (0 votes)
Rapid revision
Test one fact at a time:open a card, recall the direct answer, then practise it in MCQ format.
Which liquidity ratio mandates banks to hold a 100 percent baseline to ensure long-term assets like mortgages are backed by long-term stable funding?
Direct Answer
Net Stable Funding Ratio (NSFR)
Practice as MCQ →
What is the maximum loan amount a bank can provide to an individual for subscribing to an Initial Public Offering (IPO) to prevent speculative market bubbles?
Direct Answer
25 lakh rupees with a 25 percent margin
Practice as MCQ →
What is the maximum percentage of a bank's Tier-1 capital that can be lent to a single corporate entity under the Large Exposure Framework (LEF)?
Direct Answer
20 percent of Tier-1 capital
Practice as MCQ →
What minimum margin haircut must banks apply when a borrower pledges listed equity shares as collateral for a credit facility?
Direct Answer
A 40 percent haircut
Practice as MCQ →
What is the sole operational function the Unified Lending Interface (ULI) is allowed to perform during the loan approval process?
Direct Answer
It handles data flow for credit assessment without processing the actual loan disbursal.
Practice as MCQ →
What is the minimum annual turnover threshold that legally forces a company to register as a buyer on the Trade Receivables Discounting System (TReDS) platforms?
Direct Answer
250 crore rupees
Practice as MCQ →
What minimum annual turnover threshold requires a business to generate electronic invoices to provide verifiable Goods and Services Tax (GST) data trails for lenders?
Direct Answer
5 crore rupees
Practice as MCQ →
What is the maximum annual household income limit allowed to qualify for a collateral-free loan from a Microfinance Institution (MFI)?
Direct Answer
3 lakh rupees
Practice as MCQ →
What maximum percentage of income can be consumed by loan repayments when a bank applies the Fixed Obligation to Income Ratio (FOIR) for a sub-prime applicant?
Direct Answer
40 percent
Practice as MCQ →
What subsidized fixed interest rate is offered to traditional artisans securing structured loans under the PM Vishwakarma scheme?
Direct Answer
5 percent
Practice as MCQ →

Get PDFs, Quizzes & Exam Updates

Join our official Telegram community. Never miss a banking circular, study guide, or premium discount!

🚀 Join Telegram Now
How many days do participating consortium banks have to legally sign an Inter-Creditor Agreement (ICA) after a corporate borrower defaults?
Direct Answer
30 days
Practice as MCQ →
What is the absolute maximum loan amount a bank can provide to an individual against their listed equity shares?
Direct Answer
1 crore rupees
Practice as MCQ →
What minimum percentage of a bank's total credit must be directed exclusively to micro-enterprises under the Priority Sector Lending (PSL) requirements?
Direct Answer
7.5 percent
Practice as MCQ →
What is the minimum acceptable Debt Service Coverage Ratio (DSCR) threshold mandated by the banking industry for standard term loans and project finance?
Direct Answer
1.2 to 1.25
Practice as MCQ →
What is the maximum permitted Loan-to-Value (LTV) limit for affordable housing loans that are priced up to 30 lakh rupees?
Direct Answer
90 percent
Practice as MCQ →
Which percentage range represents the single home loan installment limit compared to Net Monthly Income for debt-free applicants under standard banking rules?
Direct Answer
40 percent to 50 percent
Practice as MCQ →
What is the universal gold standard banking benchmark for assessing a healthy Current Ratio?
Direct Answer
1.33:1
Practice as MCQ →
What minimum projected Debt Service Coverage Ratio triggers a stretch in loan tenor if the borrower fails to hit it on a 5-year schedule?
Direct Answer
1.2
Practice as MCQ →
What duration is mandated for the cooling-off period in digital loan sanction letters for retail borrowers?
Direct Answer
3 to 7 days
Practice as MCQ →
What is the maximum percentage of eligible Tier-1 capital that a commercial bank can lend to a single standalone corporate borrower under standard exposure norms?
Direct Answer
20 percent
Practice as MCQ →
What is the absolute maximum percentage of its net worth that a commercial bank can legally tie up in total combined capital market activities?
Direct Answer
40 percent
Practice as MCQ →
Which risk-weight penalty must commercial banks apply to bank credit cards to slow down the surge in unsecured consumer debt?
Direct Answer
150 percent
Practice as MCQ →
What is the maximum outward remittance amount allowed per financial year for a resident individual under the Liberalised Remittance Scheme (LRS)?
Direct Answer
250,000 dollars
Practice as MCQ →
What percentage of Adjusted Net Bank Credit (ANBC) are commercial banks required to lend to priority sectors to fund grassroots development?
Direct Answer
40 percent
Practice as MCQ →

Get PDFs, Quizzes & Exam Updates

Join our official Telegram community. Never miss a banking circular, study guide, or premium discount!

🚀 Join Telegram Now
What is the legally required maximum validity period of the composite facility under the revised Kisan Credit Card (KCC) scheme?
Direct Answer
6 years
Practice as MCQ →
How many days must a loan be overdue before a Non-Banking Financial Company (NBFC) is required to officially classify it as a Non-Performing Asset (NPA)?
Direct Answer
90 days
Practice as MCQ →
What rounding rule must a company apply to its balance sheet if its total income is 100 crore rupees or more?
Direct Answer
Nearest lakhs, millions, or crores
Practice as MCQ →
How must a company report profits or losses generated from trading Cryptocurrency or Virtual Digital Assets?
Direct Answer
They must clearly declare them in the statement of profit and loss.
Practice as MCQ →
What is the maximum maturity period from the date of acquisition for an investment to be classified as a cash equivalent?
Direct Answer
3 months
Practice as MCQ →
What financial threshold mandates an auditor to bypass management and report fraud directly to the Central Government within 60 days?
Direct Answer
Exceeding 1 crore rupees
Practice as MCQ →
What minimum net worth triggers mandatory adoption of Indian Accounting Standards for an unlisted company or a Non-Banking Financial Company?
Direct Answer
250 crore rupees
Practice as MCQ →
What percentage of average net profit must qualifying companies disclose spending on Corporate Social Responsibility in the annual board report?
Direct Answer
2 percent
Practice as MCQ →
What annual consolidated turnover threshold triggers a related-party transaction to be deemed material and require a shareholder vote?
Direct Answer
10 percent
Practice as MCQ →
What probability percentage forces a company to record an actual financial provision on the balance sheet for a contingent liability?
Direct Answer
Greater than 50 percent
Practice as MCQ →
What year-end accounting anomaly serves as a classic detection metric for window dressing involving shipped, unordered inventory?
Direct Answer
A sudden spike in trade receivables in the last 15 days of March
Practice as MCQ →
What is the maximum duration a lease can have to legally remain off the balance sheet?
Direct Answer
12 months
Practice as MCQ →