1.

Theamountbeyondwhichcashtransactions(Receipts&Payments)aretobemonitoredbythe
CommercialBanksasstipulatedbytheRBIinitsguidelinesis
A.Rs.5lacs&above
B.Rs.8lacs&above
C.Rs.10lacs&above
D.Nosuchlimit
2.SubmissionofdetailsofPAN(PermanentAccountNumber)iscompulsoryforFixedDeposits,
Remittances,suchas,DDs/TTs/RupeeTCs,etC.,iftheamountexceeds
A.Rs.10,000/
B.Rs.25,000/
C.Rs.50,000/
D.Nosuchlimit
3. Branches should not open deposit/advances accounts of banned/ terrorist organisations as
circulatedby
A.IRDA
B.SEBI
C.AMFI
D.FIU
4.FCRAmeansForeignContributionRegulationAct
5. Maximum punishment by way of imprisonment for the offence committed under Money
LaunderingActis
A.7yearsB.9yearsC.10yearsD.12years
6.Smurfingmeans
A.largenumberofcashdepositsintosameaccount
B.onevoucherforhighvaluedeposit
C.lowvaluedenominationsofcash
D.Noneoftheabove
7.Theobjectiveofverifyingtheemployeelifestylesbytheemployeris
A.toknowthesourceofincome
B.toascertainwhethertheemployeeishavinganycontactswithillegalorganisations
C. to ascertain whether the employee is assisting organisations banned by statutory
authorities
D.Allofthese
8.Roleoftheconcurrentauditors/InternalauditorswithKYCisto
A.ReviewofcomplianceofKYCguidelines
B.EffectivenessoftheimplementationoftheKYC
C.Verificationofnewlyopenedaccountsandtheirtransactions
D.Alloftheabove
9.StrictadherencetoKYCnormsisachievedthrough
A.followingthestatutoryauthorityguidelines
B.identificationofcustomerswithappropriatedocuments
C.strictImplementationoftheBanksSystemsandprocedureswhileopeningtheaccounts

D.Alloftheabove
10.NamethesoftwareavailableinthemarketforKYCimplementation
A.BankMasterB.TallyC.BankAlertD.BankCall
11.Whichofthefollowingtransactionsis/arenotconsistentwithasalariedcustomersaccount?
A.Frequentdepositsofcashinlargesumsbythirdparties
B.Depositofchequesissuedbyforeigncompanies
C.Highvaluetransactionsroutedthroughtheaccountwithhighfrequency
D.Alloftheabove
12.Whichofthefollowingtransactionsis/aresuspiciousfromAMLangle
A.LargevolumeofcreditshappenthroughDDs/TTs/BCetC.,
B.Depositofseveralsmallvaluesofcheques
C.Frequentdepositsofcashintotheaccountbypersonsotherthantheaccountholderorhis
authorisedrepresentative
D.Alloftheabove
13.Whileaccountsaretransferredfromonebranchtoanother,thereceivingbranchisexpectedto
complywithKYCNorms.Whichoneofthefollowingis/arecorrectinthisregard?
A.DetailedverificationofCustomerProfileasreceivedfromtheearlierbranchistobe
donewithcaution
B.Detailedverificationisnotneededbuttheaccountisopenedimmediatelyandinformed
tothecustomer
C.Freshdetailsaretobeobtainedandafreshcustomerprofileistobeprepared
D.Notransactionistobepermittedforthefirstsixmonthstillthecustomerisfullyknowto
thebank
14.Oneofthesourcesthatisavailabletoidentifythecorrectnessoftheinformationgivenbythe
NewCustomeroftheCommercialBankis
A.IntroductiongivenbytheexistingcustomeroftheBank
B.Bystudyingtheaccountopeningform
C.ByprovidinginformationbytheagencieslikeCRISIL
D.Noneoftheabove
15.Whichofthefollowingisasourceofidentificationofnewcustomerwhoisnothavinganyvalid
documentssuchas,passport,etC.
A.Introductionfromthethirdpersonhavinganaccountwiththebank/branch
B.IntroductiongiventheSafedepositlockerholderofthebank
C.Selfdeclarationgivenbythenewcustomeralongwithotheropeningforms
D.Noneoftheabove
16.IsIndiaamemberofFATF?
A.YesB.NoC.HasappliedforinclusionD.Islikelytobemadeamember
17.IsadoptingAntiMoneyLaunderingpracticescompulsoryforBanksinIndia?
A.YesB.NoC.NotSureD.Willbemadecompulsorysoon
18.Letterofthanksissenttointroducer/sbecauseitis

A.laiddowninthebanksmanual
B.aroutinepracticefollowedbybanksforyears
C.recommendedbytheAuditorsofbanks
D.assistingbanksinverificationofgenuinenessorotherwiseoftheaddress
19.Whichofthefollowingisthecardinalruleforbankersinantimoneylaunderingefforts
A.KnowYourCustomer&KnowYourEmployee
BKnowtheCustomeroftheotherBanks
C.KnowtheincomeoftheCustomersofyourBank
D.KnowtheAssetsPositionofthecustomersoftheBank
20.MoneyLaunderingmeans
A.ConversionofassetstoinvestinLaundromats
B.Conversionofmoneywhichisillegallyobtainedtomakethemlegitimate
C.Conversionofcashintogoldtomakethemlegitimate
D.Conversionofassetsintocashtomakethemlegitimate
21.Whileopeninganaccountinthenameofacompany,thefollowingdocument/sis/aretobe
obtained
A.OrganisationChartofthecompany
B.RolesandresponsibilitiesoftheCompany
C.MemorandumandArticlesofAssociationoftheCompany
D.InstructionsoftheRegistraroftheCompan
22.HowmanyrecommendationsweremadebyFATFonantimoneylaundering
A.65recommendationsB.NILC.40recommendations
D.Yettobefinalized
23. For opening accounts in the case of Joint Hindu Undivided Family (JHUF), the following
document/sis/areimportant
A.Declarationofallfamilymembers
B.DeclarationoftheKartaofthefamily
C.Declarationofallguardiansonbehalfofminors
D.DeclarationcanbeexemptedasperHinduSuccessionAct
24.Whileopeninganaccountincaseofpartnershipfirm,oneofthevitaldocumenttobeproduced
bythefirmis
A.PartnersMOUB.PartnershipDeed
C.RegistrationcertificateofPartnership
D.Signaturesofthepartners
25.CashcannotbeacceptedforissueofDDs/TTs/RupeeTCsfromthecustomersforRs.____
A.Rs.50,000/&aboveB.Rs.75,000/&above
C.Rs.1,00,000/&aboveD.Rs.1,50,000/&above

26.Thebranchesofcommercialbanksshouldreportsuspicioustransactionsto
A.BanksrespectiveauthorityB.RBIC.MinistryofFinanceD.Noneoftheabove
27. Maximum punishment by way of imprisonment for the offence committed under Money
LaunderingActis
A.7yearsB.9yearsC.10yearsD.12years
29.Maximumretentionperiodofthebankrecordsincaseofsuspicioustransactionsis
A.5yearsB.7yearsC.10yearsD.15years
30.Foureyesconceptmeans
A.openingandverifyingofaccountbyonepersontwotimes
B.openingandverifyingofaccountbyelectronicdevice/s
C.openingandverifyingofaccountbytwodifferentpersons
D.noneoftheabove
31.Roleoftheconcurrentauditors/InternalauditorswithKYCisto
A.ReviewofcomplianceofKYCguidelines
B.EffectivenessoftheimplementationoftheKYC
C.Verificationofnewlyopenedaccountsandtheirtransactions
D.Alloftheabove
32.RoleofthefrontlineemployeesofabankinrespectofKYCguidelinesisto
A.Identifycustomersaspertheexistinginstructions
B.ServewithSmilewhileopeningthecustomeraccounts
C.Assistthecustomerinfillinguptheaccountopeningforms
D.Provideefficientcustomerservice
33.Whichofthefollowingtransactionsis/arenotconsistentwithasalariedcustomersaccount?
A.Frequentdepositsofcashinlargesumsbythirdparties
B.Depositofchequesissuedbyforeigncompanies
C.Highvaluetransactionsroutedthroughtheaccountwithhighfrequency
D.Alloftheabove
34.Whichofthefollowingtransactionsis/aresuspiciousfromAMLangle
A.LargevolumeofcreditshappenthroughDDs/TTs/BCetC.,
B.Depositofseveralsmallvaluesofcheques
C.Frequentdepositsofcashintotheaccountbypersonsotherthantheaccountholderorhis
authorizedrepresentative
D.Alloftheabove
35.Whileaccountsaretransferredfromonebranchtoanother,thereceivingbranchisexpectedto
complywithKYCNorms.Whichoneofthefollowingis/arecorrectinthisregard?

 A.DetailedverificationofCustomerProfileasreceivedfromtheearlierbranchistobe
donewithcaution
B.Detailedverificationisnotneededbuttheaccountisopenedimmediatelyandinformed
tothecustomer
C.Freshdetailsaretobeobtainedandafreshcustomerprofileistobeprepared
D.Notransactionistobepermittedforthefirstsixmonthstillthecustomerisfullyknowto
thebank
36.Unusualactivitiesinrespectofancustomersaccountis/are
A.Openingofaccountataplaceotherthantheplaceofwork
B.Frequentdepositsoflargesumsofmoneybearinglabelsofotherbanksintotheaccount
C.Requestforclosureofnewlyopenedaccountswherehighvaluetransactionsarerouted
throughD.Alloftheabove
37.ForeffectiveimplementationofKnowYourEmployee,measurestobeadoptedbythebanks
are
A.Verificationofthelifestylesoftheemployees
B.ProperJobrotationinworkenvironment
C.Notallowingfrequentchequepurchasetotheemployeesbytheemployer
D.Alloftheabove
39.Indicator/saboutthesuspicioustransactionsofacustomeraccountsis/are
A.Depositinghighvaluethirdpartychequesendorsedinfavourtheaccountholder
B.Suddenincreaseincashdeposits
C.Receiptorpaymentoflargesumsofcash,whichhavenoobviouspurpose
D.Alloftheabove
40.Whichofthefollowingdocument/sthatcanbeacceptedbytheBanksasaproofofCustomer
Identification
A.ElectricityBillB.SalarySlip
C.Income/WealthTaxAssessmentOrderD.Alloftheabove
41.Whichofthefollowingisasourceofidentificationofnewcustomerwhoisnothavinganyvalid
documentssuchas,passport,etC.
A.Introductionfromthethirdpersonhavinganaccountwiththebank/branch
B.IntroductiongiventheSafedepositlockerholderofthebank
C.Selfdeclarationgivenbythenewcustomeralongwithotheropeningforms
D.Noneoftheabove
42.KYCis
A.AOnetimeprojectB.Tobecarriedoutevery5years
C.Tobecarriedoutevery2yearsD.Anongoingprocess
43.IsIndiaamemberofFATF?
A.YesB.NoC.HasappliedforinclusionD.Islikelytobemadeamember
44.WhatisthelevelofriskofMoneyLaunderinginaLiabilityproduct(e.g.,deposits)?

A.GenerallyHighB.MediumC.GenerallyLowD.Cannotsay
45.Letterofthanksissenttointroducer/sbecauseitis
A.laiddowninthebanksmanualB.aroutinepracticefollowedbybanksforyears
C.recommendedbytheAuditorsofbanks
D.assistingbanksinverificationofgenuinenessorotherwiseoftheaddress
46.While openingan account inthe name of a company, the following document/s is/are to be
obtainedA.OrganisationChartofthecompanyB.RolesandresponsibilitiesoftheCompany
C.MemorandumandArticlesofAssociationoftheCompany
D.InstructionsoftheRegistraroftheCompany
47.Duediligenceisdoneatthetimeofopeninganaccounttoenablebankstoensure
A.identificationofthecustomeratthetimeofopeninganaccount
B.correctnessofthevariousdenominationsofnotesgivenbythecustomerwhileopening
anaccount
C.authenticityofthesignaturesofthecustomeratthetimeofopeninganaccount
D.speedinguptheprocessofaccountopeningofthenewcustomers
48. For opening accounts in the case of Joint Hindu Undivided Family (JHUF), the following
document/sis/areimportant
A.DeclarationofallfamilymembersB.DeclarationoftheKartaofthefamily
C.Declarationofallguardiansonbehalfofminors
D.DeclarationcanbeexemptedasperHinduSuccessionAct
49.Whileopeninganaccountincaseofpartnershipfirm,oneofthevitaldocumenttobeproduced
bythefirmis
A.PartnersMOUB.PartnershipDeedC.RegistrationcertificateofPartnership
D.Signaturesofthepartners
50.Theamountbeyondwhichcashtransactions(Receipts&Payments)aretobemonitoredbythe
CommercialBanksasstipulatedbytheRBIinitsguidelinesis
A.Rs.5lacs&aboveB.Rs.8lacs&aboveC.Rs.10lacs&aboveD.Nosuch
limit
51.SubmissionofdetailsofPAN(PermanentAccountNumber)iscompulsoryforFixedDeposits,
Remittances,suchas,DDs/TTs/RupeeTCs,etC.,iftheamountexceeds
A.Rs.10,000/B.Rs.25,000/C.Rs.50,000/D.Nosuchlimit
52.Thebranchesofcommercialbanksshouldreportsuspicioustransactionsto
A.BanksrespectiveauthorityB.RBIC.MinistryofFinanceD.Noneoftheabove
53.Banksaremadeaccountableforopeninganaccountinthenameofterroristorganisationunder
ofPOTA2002
A.Section16B.Section20C.Section18D.Noneoftheabove

54.Whichofthefollowingis/aretheterroristorganisation/snotifiedunderPOTA,2002
A.KhalistanZindabadForceB.DeendarAnjumanC.AllTripuraTigerForcD.Allof
these
55.FCRAmeans
A.ForeignCurrencyRegulationActB.ForeignContributionRegulationAct
C.ForeignCheques/CommoditiesRegulationActD.Noneoftheabove
56.Dormant/Inoperativeaccountmeans
A.Nodebits/creditsinaccountforcertainperiod
B.Adeadaccountnotoperatedforover10years
C.Nodebitentries,butcertaincreditentriesforcertainperiod
D.Afixedassetaccount
57.Theobjectiveofverifyingtheemployeelifestylesbytheemployeris
A.toknowthesourceofincome
B.toascertainwhethertheemployeeishavinganycontactswithillegalorganisations
C. to ascertain whether the employee is assisting organisations banned by statutory
authorities
D.Allofthese
58.Maximumretentionperiodofthebankrecordsincaseofsuspicioustransactionsis
A.5yearsB.7yearsC.10yearsD.15years
60.RoleofthefrontlineemployeesofabankinrespectofKYCguidelinesisto
A.Identifycustomersaspertheexistinginstructions
B.ServewithSmilewhileopeningthecustomeraccounts
C.Assistthecustomerinfillinguptheaccountopeningforms
D.Provideefficientcustomerservice
61.NamethesoftwareavailableinthemarketforKYCimplementation
A.BankMasterB.TallyC.BankAlertD.BankCall
62.Unusualactivitiesinrespectofancustomersaccountis/are
A.Openingofaccountataplaceotherthantheplaceofwork
B.Frequentdepositsoflargesumsofmoneybearinglabelsofotherbanksintotheaccount
C.Requestforclosureofnewlyopenedaccountswherehighvaluetransactionsarerouted
throughD.Alloftheabove
63.Anewcustomermaybeidentifiedthrough
A.PassportB.ElectionIDCardC,PANCardD.Alloftheabove
64.Oneofthesourcesthatisavailabletoidentifythecorrectnessoftheinformationgivenbythe
NewCustomeroftheCommercialBankis
A.IntroductiongivenbytheexistingcustomeroftheBank

B.Bystudyingtheaccountopeningform
C.ByprovidinginformationbytheagencieslikeCRISILD.Noneoftheabove
65.ObjectiveofKYCguidelinesissuedbyRBIis
A.Tocontrolthefinancialfrauds/moneylaundering
B.Todiscourageopeningofnewaccounts
C.Toincreasecompetitionamongthepublicsectorandprivatesectorbanks
D.Tocheck/controloverthenewaccounts
66.Whichofthefollowingdocument/sthatcanbeacceptedbytheBanksasaproofofCustomer
Identification
A.ElectricityBillB.SalarySlipC.Income/WealthTaxAssessmentOrderD.Allofthe
above
67.Whichofthefollowingisasourceofidentificationofnewcustomerwhoisnothavinganyvalid
documentssuchas,passport,etC.
A.Introductionfromthethirdpersonhavinganaccountwiththebank/branch
B.IntroductiongiventheSafedepositlockerholderofthebank
C.Selfdeclarationgivenbythenewcustomeralongwithotheropeningforms
D.Noneoftheabove
68.IsadoptingAntiMoneyLaunderingpracticescompulsoryforBanksinIndia?
A.YesB.NoC.NotSureD.Willbemadecompulsorysoon
69.Letterofthanksissenttointroducer/sbecauseitis
A.laiddowninthebanksmanual
B.aroutinepracticefollowedbybanksforyears
C.recommendedbytheAuditorsofbanks
D.assistingbanksinverificationofgenuinenessorotherwiseoftheaddress
70.Whichofthefollowingisthecardinalruleforbankersinantimoneylaunderingefforts
A.KnowYourCustomer&KnowYourEmployee
B.KnowtheCustomeroftheotherBanks
C.KnowtheincomeoftheCustomersofyourBank
D.KnowtheAssetsPositionofthecustomersoftheBank
71.Whileopeninganaccountinthenameofacompany,thefollowingdocument/sis/aretobe
obtained
A.OrganisationChartofthecompanyB.RolesandresponsibilitiesoftheCompany
C.MemorandumandArticlesofAssociationoftheCompany
D.InstructionsoftheRegistraroftheCompany
72.FATFmeansFinancialActionTaskforce
73.OneoftheimportantstepstobetakenwhileopeningNRIaccountsisbythebankbranch

A.Authentication/verificationofsignaturebyIndianEmbassy
B.Authentication/verificationofsignaturemadebytherelativeofNRIinIndia
C.Authentication/verificationofsignaturemadebyfriendsoftheNRIwhoarestaying
abroad
D.Alloftheabove
74.Incaseofsocieties,theimportantdocumenttobeverifiedis
A.CopyofByeLawsB.CertificategivenbytheROC
C.CertificategivenbytheLocalAuthorities
D.Nodocumentistobeverifiedincaseofsocieties,asitisexempted
75.Theamountbeyondwhichcashtransactions(Receipts&Payments)aretobemonitoredbythe
CommercialBanksasstipulatedbytheRBIinitsguidelinesis
A.Rs.5lacs&aboveB.Rs.8lacs&aboveC.Rs.10lacs&aboveD.Nosuch
limit
76.Incomputerisedbranches,suitablefiltersarerequiredinthesoftwareforthepurposeof
A.calculatingthecorrectrateofinterestB.printingoutthecustomerprofiles
C.monitoringthesuspicioustransactionsD.sharinginformation/datatotheHeadOffice
77.Banksaremadeaccountableforopeninganaccountinthenameofterroristorganisationunder
ofPOTA2002
A.Section16B.Section20C.Section18D.Noneoftheabove
78.FCRAmeans
A.ForeignCurrencyRegulationActB.ForeignContributionRegulationAct
C.ForeignCheques/CommoditiesRegulationActD.Noneoftheabove
79. Maximum punishment by way of imprisonment for the offence committed under Money
LaunderingActis
A.7yearsB.9yearsC.10yearsD.12years
81.Dormant/Inoperativeaccountmeans
A.Nodebits/creditsinaccountforcertainperiod
B.Adeadaccountnotoperatedforover10years
C.Nodebitentries,butcertaincreditentriesforcertainperiod
D.Afixedassetaccount
82.Theobjectiveofverifyingtheemployeelifestylesbytheemployeris
A.toknowthesourceofincome
B.toascertainwhethertheemployeeishavinganycontactswithillegalorganisations
C. to ascertain whether the employee is assisting organisations banned by statutory
authoritiesD.Allofthese
83.Maximumretentionperiodofthebankrecordsincaseofsuspicioustransactionsis

A.5yearsB.7yearsC.10yearsD.15years
84.Roleoftheconcurrentauditors/InternalauditorswithKYCisto
A.ReviewofcomplianceofKYCguidelines
B.EffectivenessoftheimplementationoftheKYC
C.Verificationofnewlyopenedaccountsandtheirtransactions
D.Alloftheabove
85.StrictadherencetoKYCnormsisachievedthrough
A.followingthestatutoryauthorityguidelines
B.identificationofcustomerswithappropriatedocuments
C.strictImplementationoftheBanksSystemsandprocedureswhileopeningtheaccounts
D.Alloftheabove
86.ForeffectiveimplementationofKnowYourEmployee,measurestobeadoptedbythebanks
are
A.Verificationofthelifestylesoftheemployees
B.ProperJobrotationinworkenvironment
C.Notallowingfrequentchequepurchasetotheemployeesbytheemployer
D.Alloftheabove
87.Indicator/saboutthesuspicioustransactionsofacustomeraccountsis/are
A.Depositinghighvaluethirdpartychequesendorsedinfavourtheaccountholder
B.Suddenincreaseincashdeposits
C.Receiptorpaymentoflargesumsofcash,whichhavenoobviouspurpose
D.Alloftheabove
88.Whichofthefollowingobjective/sis/areimportantundernewKYCNorms?
A.TocurbMoneyLaunderingB.Tocurbthespeciousactivities
C.Tomonitor/checkthetransactionsofthebankcustomers
D.Alloftheabove
89.ThemainobjectiveofKYCisto
A.PreventMoneyLaunderingactivitiesB.ImproveCustomerService
C.ImproveCustomerDocumentationStandardsD.Noneofthese
90.IsadoptingAntiMoneyLaunderingpracticescompulsoryforBanksinIndia?
A.YesB.NoC.NotSureD.Willbemadecompulsorysoon
91.Letterofthanksissenttointroducer/sbecauseitis
A.laiddowninthebanksmanualB.aroutinepracticefollowedbybanksforyears
C.recommendedbytheAuditorsofbanks
D.assistingbanksinverificationofgenuinenessorotherwiseoftheaddress
92.MoneyLaunderingmeasureswereoriginallyintroducedby?

A.DICGCB.EXIMBankC.FDICD.SEBI
93.FATFislocatedat
A.MumbaiB.NewYorkC.ParisD.Japan
94.OneoftheimportantstepstobetakenwhileopeningNRIaccountsisbythebankbranch
A.Authentication/verificationofsignaturebyIndianEmbassy
B.Authentication/verificationofsignaturemadebytherelativeofNRIinIndia
C.Authentication/verificationofsignaturemadebyfriendsoftheNRIwhoarestaying
abroad
D.Alloftheabove
95.Incaseofsocieties,theimportantdocumenttobeverifiedis
A.CopyofByeLawsB.CertificategivenbytheROC
C.CertificategivenbytheLocalAuthorities
D.Nodocumentistobeverifiedincaseofsocieties,asitisexempted
96.For opening accounts in the case of Joint Hindu Undivided Family (JHUF), the following
document/sis/areimportant
A.DeclarationofallfamilymembersB.DeclarationoftheKartaofthefamily
C.Declarationofallguardiansonbehalfofminors
D.DeclarationcanbeexemptedasperHinduSuccessionAct
97.Incomputerisedbranches,suitablefiltersarerequiredinthesoftwareforthepurposeof
A.calculatingthecorrectrateofinterestB.printingoutthecustomerprofiles
C.monitoringthesuspicioustransactions
D.sharinginformation/datatotheHeadOffice
98.Theobjectiveofverifyingtheemployeelifestylesbytheemployeris
A.toknowthesourceofincome
B.toascertainwhethertheemployeeishavinganycontactswithillegalorganisations
C. to ascertain whether the employee is assisting organisations banned by statutory
authorities
D.Allofthese
99.StrictadherencetoKYCnormsisachievedthrough
A.followingthestatutoryauthorityguidelines
B.identificationofcustomerswithappropriatedocuments
C.strictImplementationoftheBanksSystemsandprocedureswhileopeningtheaccounts
D.Alloftheabove
100.RoleofthefrontlineemployeesofabankinrespectofKYCguidelinesisto
A.Identifycustomersaspertheexistinginstructions
B.ServewithSmilewhileopeningthecustomeraccounts
C.Assistthecustomerinfillinguptheaccountopeningforms
D.Provideefficientcustomerservice

101.Whileaccountsaretransferredfromonebranchtoanother,thereceivingbranchisexpectedto
complywithKYCNorms.Whichoneofthefollowingis/arecorrectinthisregard?
A.DetailedverificationofCustomerProfileasreceivedfromtheearlierbranchistobe
donewithcaution
B.Detailedverificationisnotneededbuttheaccountisopenedimmediatelyandinformed
tothecustomer
C.Freshdetailsaretobeobtainedandafreshcustomerprofileistobeprepared
D.Notransactionistobepermittedforthefirstsixmonthstillthecustomerisfullyknowto
thebank
102.Unusualactivitiesinrespectofancustomersaccountis/are
A.Openingofaccountataplaceotherthantheplaceofwork
B.Frequentdepositsoflargesumsofmoneybearinglabelsofotherbanksintotheaccount
C. Request for closure of newly opened accounts where high value transactions are routed
through
D.Alloftheabove
103.ForeffectiveimplementationofKnowYourEmployee,measurestobeadoptedbythebanks
are
A. Verification of the lifestyles of the employees B. Proper Jobrotation in work
environment
C.Notallowingfrequentchequepurchasetotheemployeesbytheemployer
D.Alloftheabove
104.ObjectiveofKYCguidelinesissuedbyRBIis
A.Tocontrolthefinancialfrauds/moneylaundering
B.Todiscourageopeningofnewaccounts
C.Toincreasecompetitionamongthepublicsectorandprivatesectorbanks
D.Tocheck/controloverthenewaccounts

105.Whichofthefollowingisasourceofidentificationofnewcustomerwhoisnothavingany
validdocumentssuchas,passport,etC.
A.Introductionfromthethirdpersonhavinganaccountwiththebank/branch
B.IntroductiongiventheSafedepositlockerholderofthebank
C.Selfdeclarationgivenbythenewcustomeralongwithotheropeningforms
D.Noneoftheabove
106.Whichofthefollowingisthecardinalruleforbankersinantimoneylaunderingefforts
A.KnowYourCustomer&KnowYourEmployee
B.KnowtheCustomeroftheotherBanks
C.KnowtheincomeoftheCustomersofyourBank
D.KnowtheAssetsPositionofthecustomersoftheBank

107.MoneyLaunderingmeans
A.ConversionofassetstoinvestinLaundromats
B.Conversionofmoneywhichisillegallyobtainedtomakethemlegitimate
C.Conversionofcashintogoldtomakethemlegitimate
D.Conversionofassetsintocashtomakethemlegitimate
108.Duediligenceisdoneatthetimeofopeninganaccounttoenablebankstoensure
A.identificationofthecustomeratthetimeofopeninganaccount
B.correctnessofthevariousdenominationsofnotesgivenbythecustomerwhileopening
anaccount
C.authenticityofthesignaturesofthecustomeratthetimeofopeninganaccount
D.speedinguptheprocessofaccountopeningofthenewcustomers
109.ThetermHawalaisanword
A.TeluguB.EnglishC.ArabicD.Islamic
110.MoneyLaunderingmeasureswereoriginallyintroducedby?
A.DICGCB.EXIMBankC.FDICD.SEBI
111.OneoftheimportantstepstobetakenwhileopeningNRIaccountsisbythebank
branch
A.Authentication/verificationofsignaturebyIndianEmbassy
B.Authentication/verificationofsignaturemadebytherelativeofNRIinIndia
C.Authentication/verificationofsignaturemadebyfriendsoftheNRIwhoarestaying
abroadD.Alloftheabove
112. For opening accounts in the case of Joint Hindu Undivided Family (JHUF), the following
document/sis/areimportant
A.DeclarationofallfamilymembersB.DeclarationoftheKartaofthefamily
C.Declarationofallguardiansonbehalfofminors
D.DeclarationcanbeexemptedasperHinduSuccessionAct