List Of Question For Promotion Test

A. Broad Question

1. Write down difference types of accounts opening procedures.

2. Define a project, what are different aspect of project feasibility?

3. What are the factors a loan officer has to consider in assessing repayment period of a term loan?

4. Draft a sanction letter with terms and conditions to your client for the CC (H) limit?

5. Write a short paragraph describing your experiences in BASIC Bank?

6. What is the mandate of BASIC Bank? Is BASIC Bank complying with its mandate? Recently there has been made an amendment to the mandate, what is that?

7. What are the aspects to be taken into account while opening a new Branch?

8. Do you think that the primary objective for which BASIC Bank Limited was established has been achieved? Give reason?

9. What are sections of a standard branch and what are their functions?

10. Write a few sentences on BASIC Banks performance during the year 2002.

11. Mention the different types of loans and advances BASIC provides?

12. When a banker can refuse payment of a cheque?

13. What are the formalities to be observed for disposal of mutilated notes?

14. What are the documents to be checked while opening of a back-to-back L/C?

15. Write the functions of the department/section you are working in?

16. What are the points will you check while inspecting the Pledge Godown?

17. What is loan able fund?

18. What is authorized capital?

19. Write a few sentence of BASIC performance during the year-2006?

20.Discuss the relationship between a banker and a customer?

21. Explain different types of endorsement?

B. Short Question

1. Calculate interest accrued on the principal of Tk.500, 000/- at the end of one year if the rate of interest is charged at 12% per annum at quarterly rest. xx

2. Mr. Abdur Rob opened a Fixed Deposit of Tk. 10 lacs for 3 months term @8% p.a. It was renewed twice. What will be the amount to be paid to Mr. Rob after nine months (Interest will be capitalized after end of each term). xx

3. Which of the following functions has the smallest value?

(i) 1/7 (ii) 1/8 (iii) 2/9 (iv) 3/11. xx

4. A certain sum of money at simple interest amounts to Tk. 460 in 3 years and Tk. 500 in 5 years find the rate of interest. xx

5. What are the main source of income of BASIC? Suggest measures to be taken for increasing the income? xx

6. What are points you will check while inspecting the pledged godown? xx

7.What are the mechanism to collect proceeds of a cheque of another Bank? xx

8.What are the procedures to negotiate a document under export letter of credit? 7. What are the different amounts required as down payments for rescheduling term loan in different stages? xx8. What do you mean by charged documents? Name the usual charge documents that are required by BASIC Bank in connection with CC(H) and state importance of each.

9. A certain sum of money at simple rate of interest amount of Tk.460 in 3 years and Tk.500 in 5 years. What is the rate of interest? xx10. Mr. Abdur Rob opened a fixed deposit of Tk. 10.00 lac for 3 months term @8% p.a. It was renewed twice. What will be the amount to be paid to Mr. Rob after 9 months (interest will be capitalized after end of term) if income tax at source @10% is realized? xx

11. While closing daily cash flow how the excess or short in cash is accounted for in the books of Accounts of the Bank?

12. What are the documents to be checked while opening of a back-to-back L/C?

13. What is large loan as defined by Bangladesh bank? Calculate BASIC Banks Large Loan Limit on the basis of its paid-up capital and reserve as on 31-12-2004.

14. Write 3 important features of Artho Rin Adalat Ain 2003.

15. Calculate interest accrued on the principal of Tk. 100,000 at the end of one year if the rate of interest is charged at 10% per annum at quarterly rests. xx16. Your customer requested you to issue a demand draft on New York for USD 25,000. Assuming the ongoing spot rates in the local market for US dollar at USD 1=Tk 58.73000/7800 and your margin is 0.15%. What is the Taka amount payable by the customer?

C. Definition/Short Notes

1. T.T

2. EAGLE

3. LIM

4. EURO

5. Stock-Lot

6. Letter of Credit

7. Non Performing Loan

8. Margin

9. Term Loan

10. Parties of Letter of Credit.

11. Lien

12. Liquidity

13. Alonge

14. Holder in due course

15. Bank guarantee

16. Bill of lading

17. Loan Classification

18. Warranty

19. Holder in due course.

20. SBS.

21. Nostro,Vostro,Loro A/c

22. LIM/PAD

23. CAMEL Rating

24. Call Money.

25. Hypothecation.

26. Usance Bill.

27. Value DATE.

28. Open Cheque.

29. Exchange Position.

30. Equity.

31. Antedate Cheque.

32. Assignment of bill.

33. Bill of Entry.

34. ACU.

35. Authorized bill

D. Difference

1. Dormant account and inoperative account.

2. Cheques and bill of Exchange.

3. Stale and post dated cheque

4. Material Alteration and immaterial alteration of a cheque

5. General Crossing and special crossing

6. Endorsement and Assignments.

7. Overdraft and cash credit.

8. Loan and Cash credit.

9. Sight bill and usance bill.

10. Pledge loan and lien.

11. Private limited company and public limited company.

12. Order cheque and crossed cheque.

13. TOD and SOD.

14. Simple Interest and Compound interest.

15. CRR & SLR

16. BANK and Financial Institution.

17. Bank and Financial Institution

18. Money Market and Capital Market

19. LTR and LIM.

20. Money Market and Capital Market.

21. Demand Draft and Pay Order

22. General crossing and special crossing.

23. Cheque and bill of exchange.

24. Cash Credit and Over Draft.

Others:

1. Why letter of introduction is required at the time of opening a new account?

2. Explain the term demand deposit and time deposit

3. How settlement is done of a letter of credit

4. What are the features of negotiable instrument?

5. When a banker can refuse payment of cheque

6. Define bill of exchange and state its essentials

7. What are formalities to be observed for disposal of mutilated notes