1) will be the owner Division for empanelment of valuers, for all the categories of valuers

a) CAD HO
b) IAD HO
c) None
d) RAD HO
e) Recovery Division HO
Ans:e)
2) A committee, of not less than ______ members, will be formed to identify the computer
items to be disposed-off / donated.
a) 3 members
b) 4 members
c) 5 members
d) It varies from branch to branch
Ans:a)
3) Aadhaar number seeding may be done
a) Aadhaar number seeding may be done after due verification of signature of the
beneficiaries, without insisting upon physical presence of MNREGA beneficiaries.
b) None
c) On Physical presence of MNREGA beneficiaries only.
d) Without any verification or physical presence of MNREGA beneficiary.
e) Without any verification.
Ans:a)
4) All the Concurrent Auditors to necessarily submit their Daily observations through eRBIA
application and branches also to submit compliance thereof immediately through e-RBIA
only, but not later than ____ days.
a) 10 days
b) 2 days
c) 3 days
d) 7 days
Ans:c)
5) As per IT Policy of Bank to create awareness about all the new IT products and sharing of
salient features with the employees, enabling them to take maximum benefit out of those
products various platforms and channels would be made use of which include....
a) All of the above
b) Monthly Theme meetings
c) PNB IT Mirror, an in-house magazine
d) PNB University an Online E-learning platform
Ans:a)
6) As per latest guidelines , PDCs (Post Dated Cheques) are to be obtained in all the,
a) All are correct
b) All Mudra Accounts.
c) All Stand up India accounts.
d) MSME accounts
Ans:a)
7) As per latest policy for Disposal of Old Hardware, Hardware items more than ____ years old
except Servers and UPS, having book value of Rs. ____, are eligible for disposal / donation.
a) 4 years, Rs. 1/-
b) 5 years, Rs. 1/-
c) 5 Years, Rs. 100/-
d) 6 years, Rs. 1/-
Ans:b)
8) As per revised guidelines, in connection with Installation & Operations of New
ATM/BNA,
a) All are correct.
b) Circle Offices should lodge such requests in SPSD to respective Central ATM
Coordinators at HO: DBD
c) For Addition of any ATM/BNA ID, request should be routed through SPSD only.
d) On receipt of the request, Central ATM Coordinators at HO: DBD will process the request
Ans:a)
9) As per the latest guidelines on Policy on valuation of assets, the minimum valuation fee
payable for a property whose value is up to Rs. 20 lacs is..
a) 1000/-
b) 1500/-
c) 2000/-
d) 2500/-
Ans:a)
10) Based on communication received from IBA, MD & CEO has approved that issuance of
domestic BGs subjecting to ICC rule URDG 758 can be done as per the business needs where
consent of .......................... available subject to needs where consent of applicant and
beneficiary both are available subject to compliance of due diligence aspect and other laid
down guidelines to ensure banks interest.
a) Applicant and Beneficiary both are
b) Applicant and Confirming both are
c) Applicant is
d) Beneficiary and Confirming both are
e) None
Ans:a)
11) Constitution OF HOCAC Level- I is
a) GMs (Credit), DGMs/AGMs(Credit), DGM/AGM(Finance), DGM (IRMD) andDGM (RAD)
directlyreporting to GMs.
b) GMs (Credit), DGMs/AGMs(Credit), DGM/AGM(Finance), DGM (IRMD) andDGM
(Recovery) directlyreporting to GMs.
c) GMs (Credit), DGMs/AGMs(Credit), DGM/AGM(Finance), DGM (IRMD), DGM(RAD)
andDGM (Recovery) directlyreporting to GMs.
d) GMs (Credit), DGMs/AGMs(Credit), DGM/AGM(Finance), DGM RAD) andDGM (Recovery)
directlyreporting to GMs.
e) GMs (Credit), DGMs/AGMs(Credit), DGM/AGM(RAD), DGM (IRMD) andDGM (Recovery)
directlyreporting to GMs.
Ans:b)
12) Data correction for accurate reporting to Credit Information Companies (CICs)requires
immediate correction in following field.
a) All of the above
b) Constitution Code Validation
c) Pin Code Validation
d) State Code Validation
Ans:a)
13) Enrolment of APY may be done through Internet Banking Service (IBS) PRAN number will be
allocated .
a) After verification by CO
b) After verification by HO
c) After verification by Relatioshup Manger
d) None
 e) Simultenously
Ans:e)
14) First option be given to ______________ for purchasing of the old hardware by way of open
auction/tender.
a) Ex-Staff Members
b) Highest bidder through auction in public
c) Highest bidder through tender in public
d) Staff Members
Ans:d)
15) For financing against FLRs of premises taken on lease by the Bank, term loan may be
sanctioned by .............................................., irrespective of the fact that whether the branch
is under concurrent audit or not, under the aforesaid scheme
a) Branch Head of large branches & above shall exercise their vested loaning power
b) Branch Head of large branches shall exercise their vested loaning power
c) Branch Head of medium branches shall exercise their vested loaning power
d) None
e) Only by CO
Ans:a)
16) In case of Branch heads of MSME/Trade Finance/other authorised branches who are
empowered to consider takeover of borrowal accounts to the extent of ..............% of their
normal loaning powers, the cases of enhancement of ............% and above in working capital
facilities shall be considered by the next higher authority within his vested loaning powers
a) 25% , 15%
b) 25% , 25%
c) 50% , 25%
d) 50% , 50%
e) None
Ans:c)
17) In guidelines in respect of advances to SMALL ROAD TRANSPORT OPERATORS (SRTO), bank
has now approved
a) All of Above
b) financing various models of three (3) wheelers.
c) M/s Scooters India Limited,
d) Vikram Brand manufactured by the company.
Ans:a)
18) In our bank, cases of return of cheques of Rs ________ and above but less than Rs 1.00 crore
will be monitored by the respective FGMs office (now Zonal Offices)/Circle Heads
a) Rs. 10.00 lacs
b) Rs. 20.00 lacs
c) Rs. 25.00 lacs
d) Rs. 50.00 lacs
Ans:c)
19) In terms of RBI guidelines, banks can deploy their funds under the Housing Finance
allocation in any of the three categories, i.e.
a) Investment in bonds of NHB/HUDCO or combination thereof.
b) All of the above
c) Direct Finance
d) Indirect Finance
Ans:b)
20) In the campaign, branches are requested to issue RuPay Platinum debit cards (CARD TYPE
PR) in all the accounts which are being opened with
 a) 1. Amount more than Rs. 5000 /-.
b) 2. Only 1 is correct
c) 3. Option 1 and 2 are correct.
d) Saving fund accounts of woman under PNB Power saving scheme should be provided
Woman Power Saving Platinum cards (Card Type- WP) irrespective of amount with
which account is being opened.
Ans:d)
21) Now , PNB score Model has been further extended to the following Retail Loan applications,
irrespective of amount, i.e., even beyond the existing limit of Rs.50.00 lac.
a) All of above .
b) Education Loan Schemes.
c) Housing Loan
d) Vehicle Loan (loans to individuals) {Vehicle Loans sanctioned to Business concerns, i.e.,
Companies, Partnership firms, etc., shall.} continue to be covered as per Credit Risk
Rating Model applicable to Term Loan to such concerns
Ans:a)
22) Reasons attributed to increasing LMBs (Loss Making Branches) are:
a) All of Above
b) High NPAs
c) Low Advances/Low CD Ratio
d) Low Business
Ans:a)
23) Retention period of both financial & Non financial transaction/ logs that provide
information aboutchanges in business data includingcustomer information, account details,
scheme details etc. is..
a) 10 years
b) 12 years
c) 5 years
d) 7 years
Ans:a)
24) Retention period of CCTV footages/recordings of currency chest, branches, ATMs,
Administrative Office & all other offices is..
a) 180 days
b) 30 days
c) 60 days
d) 90 days
Ans:d)
25) Revised Account Opening Form for Individuals is.
a) Account Opening Form for Resident Individuals (PNB-1227).
b) Account Opening Form for NRI (PNB-Fex-112)
c) Customer Master Form/KYC/CKYCR form for Individuals (PNB-1228).
d) All of the above
Ans:d)
26) The assessment of value of IP by the Branch Head is for the purpose of due diligence and to
countercheck the valuation given by the valuer and the same should not be construed as a
substitute to valuation by professional valuer. The responsibility of the Branch Head is:
a) a & b only
b) All
c) To ensure chain of the title deeds, non-encumbrance of the property and genuineness of
the mortgagor.
 d) To ensure that the job of valuation is assigned to a valuer in Banks Panel, the Valuation
Report is as per Banks prescribed proforma and all the points are duly covered.
e) To ensure that the specifications of the IP as given in the Title deed, Search Report and
Valuation Report match with each other.
Ans:b)
27) Time period for closure of quarterly Audit Reports of branches under Concurrent Audit is..
a) 15 days including period allowed for its submission
b) One month including period allowed for its submission
c) Three months including period allowed for its submission
d) Two months including period allowed for its submission
Ans:b)
28) Time period for closure of regular Audit Reports of LCBs, Foreign Branches, Back Office of
Foreign Branches, OBU, CBOTF & identified HO Divisions is.
a) 15 days including period allowed for its submission
b) One month including period allowed for its submission
c) Three months including period allowed for its submission
d) Two months including period allowed for its submission
Ans:c)
29) TPM (Transfer Price Mechanism) rate is highest on Term Loans, which is..
a) 7.8
b) 7.85
c) 7.9
d) 7.95
Ans:d)
30) WHICH ONE IS NOT AMONG THE DEVIATIONS OBSERVED BY CENTRAL STATUTORY
AUDITORSIN SOME CASES IN THE LONG FORM AUDIT REPORT FOR THEYEAR ENDED 31ST
MARCH, 2016
a) Calculation of drawing power (DP) without deducting/excluding creditors for raw-
materials, non/slow moving inventories/old book debts; continuing of old DP without
obtaining latest stock statements and its verification.
b) Non-sharing of information in multiple/consortium arrangements with other banks for
deficiencies observed in the borrowal accounts.
c) The required data for monitoring of un-hedged foreign currency exposure is not being
received at Branches and monitoring in this regard needs to be improved. Moreover,
Bank is not obtaining annual certificate from the Statutory Auditor of the borrower in
terms of extant guidelines.
d) There were cases where the appraisal has been done in Branch Head powers and
appraisal note has not been sent to controlling authority.
e) Up-dation of external Risk rating pending in the CBS and in closing returns.
Ans:d)