91.When shall a continuous loan be past due/overdue?

A) After the date of expiry

B) After 3 month of expiry date

C) After 6 month of expiry date

D) After last payment date

92.How does base for provision calculate in respect of Classified Loan?

A) Based on total outstanding

B) Total outstanding minus interest suspense

C) Total outstanding minus interest suspense minus eligible security

D) Total outstanding minus eligible security

93.The loans that become repayable on demand by the bank will be treated as ____________.

A) Continuous Loan

B) Demand Loan

C) Forced LIM, PAD

D) None of the Above

94.The interest Accrued on classified loan will be credited to _____________.

A) Income Account

B) Interest Account

C) Suspense Account

D) Interest Suspense Account

95.Which body of a Bank has the authority to declassify a loan that was classified by inspection Team of Bangladesh Bank?

A) Board of Directors

B) Executive Committee

C) Audit Committee

D) All of the above.

96.If a borrower deposit full or part of the due in a classified account, what shall be realized first?

A) Interest Amount

B) Principal Amount

C) Interest & Principal Amount (Prorata basis)

D) Only Principal Amount.

97.Charging of interest will cease in which type of Classified Account?

A) Special Mention Account

B) Sub Standard Account

C) Doubtful Account

D) Bad & Loss Account.

98.Who can be a Mediator?

A) Plaintiff’s Lawyer

B) Defendants Lawyer

C) Retired Judge

D) None of the above

99.What is the specific Time Period for submitting Mediation Report?

A) 90

B) 60

C) 30

D) 15

100.Under what section of Artha Rin Adalat Ain 2003 Bank publish auction notice?

A) Section 34

B) Section 11

C) Section 12

D) Section 46

101.Is it mandatory to publish auction notice in the national daily news paper? A) Yes

B) No

102.Short-term Micro-Credit will include any micro-credits not exceeding __________ and repayable within 12(twelve) Months.

A) Tk. 15000

B) Tk. 25000

C) Tk. 35000

D) Tk. 45000

103.Which of the following is the weakest method of charging security?

(A) A Pledge

(B) Mortgage

(C) Hypothecation

(D) Assignment

104.Transfer of possession of physical security is essential in the case of –

(A) Lien

(B) Mortgage

(C) Pledge

(D) Both (a) and (C)

105. Which one is not included in funded credit?

(A) Demand Loan

(B) Term Loan

(C) Letter of Credit

(D) Export Credit

106. Which of the following is not an intangible asset?

(A) Goodwill

(B) Copyright

(C) Land

(D) Trademark

107. L/C is an undertaking of making payment given by –

(A) Importer to Beneficiary

(B) Issuing Bank to Negotiating Bank

(C) Opening Bank to Consignor

(D) Consignee to Consignor

108. Which of the following belongs to pre-shipment credit?

(A) FBP

(B) PAD

(C) LIM

(D) Back to Back L/C

109. Incoterm indicate who will bear –

(A) Cost of Carriage

(B) Risk of Carriage

(C) Both (a) and (b)

(D) None of these

110. Buying and selling of a foreign currency to make profit from discrepancies between exchange rates prevailing at the same time in different centers is called –

(A) Future

(B) Arbitrage

(C) Swap

(D) None of these

111. In a letter of credit transaction as per UCPDC, banks deal in –

A) Documents and not in goods

B) Goods and not in documents

C) Both documents and goods

D) None of these

112. Notice of assignment is required in case of advances against –

A. Life policies;

B. Motor vehicles;

C. Shares;

D. None of the above

113. Continuing security clause is inserted in case of –

A. term loans;

B. cash credits; (only for Cash Credit, Overdraft or bill discounting)

C. mortgage loans;

D. None of the above

114. All goods should be physically checked at least once in –

A. a month;

B. 6 month;

C. a year;

D. None of the above

115. In case of pledge, the possession of the security is with –

A. the debtor;

B. the creditor (bank);

C. the third party;

D. None of the above

116. A floating charge means –

A. a charge of the assets of a company which is being floated;

B. a charge on the shares of a company;

C. a charge on the current assets of the company which are constantly changing;

D. None of the above

117. In case of hypothecation, the banker has –

A. the possession of goods;

B. right to sell the goods;

C. a specific interest in the goods;

D. None of the above rights

118. In case of hypothecation, insurance charge for the goods are borne by –

A. the borrower;

B. the bank;

C. the borrower and the bank jointly;

D. None, since no insurance is required.

119. In case of default by the borrower, the banker can sell the pledged goods – A. immediately;

B. after issuing notice to the borrower;

C. after obtaining court’s order;

D. with the consent of the borrower.

120. Pledge can be created by –

A. actual delivery;

B. constructive delivery;

C. symbolic delivery;

D. any of the above methods.

121. The Letter of Continuity should be taken in the case of –

A. advances to companies;

B. Overdraft or Cash Credit Account;

C. time barred advances;

D. accounts of the deceased borrowers.

122. Mortgage other than by way of deposits of title deeds should be registered with –

A. the Sub-Register;

B. the Register of Companies;

C. the Register of Co-operative Societies;

D. Registrar of Firms.

123. The best option of charge to finance a car, for personal use by an individual, by a bank would be –

A. Pledge;

B. Mortgage;

C. Hypothecation;

D. None of the above.

124. For creating charge on work-in-process of a borrowing unit, the most appropriate charge will be –

A. Hypothecation;

B. Pledge;

C. Mortgage;

D. None of the above.

125. The right to retain goods or property of a debtor for the debt is known as – A. Set-off;

B. Lien;

C. Appropriation;

D. None of the above.

126. Stock Exchange Securities do not include –

A. Debenture of Companies;

B. Bonds issued by Port Trusts;

C. Government Promissory Notes;

D. Participation Certificates.

127. Commercial Banks provide credit only to –

A. Trade and Industry;

B. Agriculture and Trade;

C. Trade, Agriculture and Industry;

D. None of the above.

128. Medium Term Credit needs are for a period between –

A. 1 to 5 years;

B. 5 to 10 years;

C. more than 10 years;

D. None of the above.777