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    MCQ Question: 5 Marks (5 X 1 Mark) : Answer Any 5 (Five) Short Questions: 15 Marks (5 x3 Marks)

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    Jubaida Alam 203-22-694
    The document contains 7 multiple choice questions about banking topics such as the correct sequence of steps in the recording process, tax rates on interest income, and predicate offenses for money laundering. It also contains instructions to answer 5 short questions worth 15 marks total, covering topics like cheque crossing, modern banking services, savings account requirements, and cash department functions. The questions are testing understanding of basic banking concepts and regulations.

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    MCQ Question: 5 Marks (5 X 1 Mark) : Answer Any 5 (Five) Short Questions: 15 Marks (5 x3 Marks)

    Uploaded by

    Jubaida Alam 203-22-694
    255 views1 page
    The document contains 7 multiple choice questions about banking topics such as the correct sequence of steps in the recording process, tax rates on interest income, and predicate offenses for money laundering. It also contains instructions to answer 5 short questions worth 15 marks total, covering topics like cheque crossing, modern banking services, savings account requirements, and cash department functions. The questions are testing understanding of basic banking concepts and regulations.

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    Banking

    Original Title

    Question Set # 1 (E-S)-GB

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    The document contains 7 multiple choice questions about banking topics such as the correct sequence of steps in the recording process, tax rates on interest income, and predicate offenses for money laundering. It also contains instructions to answer 5 short questions worth 15 marks total, covering topics like cheque crossing, modern banking services, savings account requirements, and cash department functions. The questions are testing understanding of basic banking concepts and regulations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    255 views1 page

    MCQ Question: 5 Marks (5 X 1 Mark) : Answer Any 5 (Five) Short Questions: 15 Marks (5 x3 Marks)

    Uploaded by

    Jubaida Alam 203-22-694
    The document contains 7 multiple choice questions about banking topics such as the correct sequence of steps in the recording process, tax rates on interest income, and predicate offenses for money laundering. It also contains instructions to answer 5 short questions worth 15 marks total, covering topics like cheque crossing, modern banking services, savings account requirements, and cash department functions. The questions are testing understanding of basic banking concepts and regulations.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    E-S (GB)

    MCQ Question: 5 Marks ( 5 x 1 mark)

    Ques. 1. Which of the following is the correct sequence of steps in the recording process?

    a. Posting, journalizing, analyzing b. Journalizing, analyzing, posting


    c. Analyzing, posting, journalizing d. Analyzing, journalizing, posting

    Ques. 2. TAX on Interest is payable for the account having No TIN Certificate –

    a. 15% b. 10%
    c. 25% d. 22%

    Ques. 3. Which one is not a predicate offence?

    a. Currency counterfeiting b. Fake documentation


    c. Cheating d. Purchase of valuable goods.

    What would be the effect on bank account, if a partner die, unless the partnership agreement
    Ques. 4.
    provides to the contrary-

    a. Continue the account b. Close the account


    c New account should be opened d Any one of the above with some conditions

    Ques. 5. Which of the following is not must for the creation of a partnership firm?

    a. Agreement b. Association of more than one


    c. Registration d. Profit sharing

    Ques. 6. What is the maximum punishment under money laundering prevention Act, 2012

    a. Minimum 6 months of maximum 7 years b. Minimum 4 years and maximum 12 years


    c. Both (a) and (b) d. None of the above

    Ques. 7. An ‘A/C Payee ‘crossing is not general crossing.

    a. True b. False

    Ques. 8. Which of the following ink is used in Bangladesh currency notes for security measure?

    a. Magnetic ink b. Intaglio Ink


    c. Color shifting OVI ink d. Only (b) & (c)
    e. All of the above

    Answer any 5 (Five) short questions: 15 Marks ( 5 x3 marks)

    1. Who can cross a cheque? Explain “Can a holder cross as well as cancel the crossing of cheque?”

    2. Write down short elaboration of the following:

    a) MICR b) SLR c) BACH

    3. Write down the photo ID’s or acceptable ID’s as per AML circular- 3?

    4. What are the modern banking services that are being provided by commercial banks?

    5. State the formalities required for a” savings account in the name of an illiterate person.”

    6. Write down names the Monthly Savings Scheme products of UCB?

    7. State the functions of cash department. Distinguish between Bill of Exchange & Cheque.

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