KYC: Chapter 4 Transaction Monitoring and Reporting

1. ........ prescribes that banks required to provide information on transactions to the Director,FIU-IND
Ans- PMLA

2. Under which section banks need to furnish the information?
Ans- 12.1.b

3. CTR Full form?
Ans- Cash Transaction Report

4. All cash transaction of .............. need to be reported
Ans - Rs 10 Lakh or above

5. CTR report timeline?
Ans- by 15th of next month

6. Frequency of CTR Report?
Ans- Monthly

7. STR Full form?
Ans- Suspicious Transaction Report

8. STR Frequency?
Ans- As and when

9. Timeline for STR?
Ans- Within 7 days of a transaction determined as suspicious

10. CCR full form?
Ans- Counterfeit Currency report

11. CCR Periodicity?
Ans- Monthly

12. CCR Timeline?
Ans- by 15th of next month

13.NTR Full form?
Ans- Non Profit Organisation  Transaction Report

14. Periodicity of NTR?
Ans- Monthly

15. Timeline for NTR?
Ans- By 15th of next month

16.  CBTR Full form?
Ans- Cross Border Wire Transfer Report

17. In CBTR , all cross border wire transfers of more than............. or its equalent in foreign currency need to be reported?
Ans- Rs 5 lakh

18 CBTR Periodicity?
Ans- Monthly

19. CBTR Timeline?
Ans- By 15th of next month

20.which rule related to delay/ non or improper submition?
Ans- Rule 8.b

21. Who imparts penalty for reporting late or non submition of various reports?
Ans- Director, FIU-IND

22. Abandoned/Aborted transactions should be reported as..STR/NTR/ CBTR/ CCR???
Ans- str

23. Reason for considering a transaction to be of suspicious nature should be recorded by .......... in writing?
Ans- principal Officer



More will be updated later.... in case of any mistake please comment.

SOURCE : RBI 

DIRECT LINK : CLICK HERE

DOWNLOAD LINK : CLICK HERE

AML/KYC Questions 18Aug 2018

Fatf recommendations,
list of Wolfsberg group composition,
PMLA
STR typologies

AML/KYC ANNEXURE IMPORTANT POINTS : CHAPTER 1

SOME FULL FORMS IN AML/KYC

 Central KYC Records Registry” (CKYCR)
Central Identities Data Repository” (CIDR)
Officially Valid Document” (OVD)

INTERNATIONAL BANKING MCMILLAN BOOK link

Here sharing link to download International Banking Mcmillan book


CLICK HERE

Hope you like it. Happy Reading :)

AML/KYC Macmillan PDF

Here sharing link of AML/KYC mcmillan book.

CAIIB ABM CANPAL GUIDE MCQ

Here sharing link to download CAIIB ABM MCQ.

CAIIB ABM : UNIT 12 TIME VALUE OF MONEY

Sharing notes and question of ABM Unit-12 Time Value of Money. More will be updated later on. In case of any mistake , please let me know. Happy Reading :)

.................

PRESENT VALUE:Describes how much a future sum of money is worth today
3 Components:

CAIIB BFM : UNIT 9 RISKS IN BANKING BUSINESS

👉Banking Business lines may be grouped broadly in 3 major heads:

1. The Banking Book

2. The Trading Portfolio

3. Off-Balance Sheet Exposures.

CAIIB BFM : UNIT 8 Risk And Basic Risk Management Framework

Sharing some short notes and qus of BFM Unit 8 .. will update more later on. Hope you like it. Happy Reading :)
Correct me if any answer is wrong.

👉Risk: Risks as uncertainties resulting in adverse outcome, adverse in relation to planned objective or expectations.

👉'Financial Risks' are uncertainties resulting in adverse variation of profitability or outright losses.

Banking Apps

1. Airtel money – AXIS BANK + AIRTEL
2. Asha Home loan – AXIS BANK
3. Branch on Wheel – ICICI Bank in Odisha
4. Chillar – HDFC Bank
5. China’s first online Banking “webank” – Tancet Holdings

IIBF EXAM REVIEW : Cyber Crime 04 August 2018

Cyber crime Recollected Questions date-04/08/18.
Same questions repeated from 08.07.18 so only asking members to spend some time to recollect and post the questions 

 Q1.what is honey pot.                                             
Q2. What are steps involved in a Ecommerce transactions.                                     
Q3. Difference between durability and consistency.                                                         
Q4. What is firewell.                                             
Q5 .what is wankworm and NASA.

IIBF EXAM REVIEW : KYC /AML 4Aug 2018

FATF Rules
2017Anendment Updates.. many questions

IiBf EXAM Review : MSME 4 aug

1. Sarfaesi year-2002,
2. wto founded in 1995,

Short notes: prevention of cyber crime

Short notes ( Important Points for Prevention of cyber fraud & crime exam point of view)

l  3 aspects of crime fraud triangle are 1.Need 2. Opportunity 3. Rationalization( Criminal commits the crime himself)

l  cyber-crime is not defined in IT act 2000 and amendment 2008 also

l  Crimes comes under Indian penal code 1860

JAIIB AFB : 'Double Declining Balance Depreciation Method (DDB)'

The double declining balance method of depreciation, also known as the 200% declining balance method of depreciation, is a common form of accelerated depreciation,used to account for the expense of a long-lived asset.

CAIIB ABM : MODULE D NUMERICALS

1.
Find total assets if DER = 2:1, CL = 8 lac, equity = 4 lac.

Since total assets = debt + equity + liability
=> total assets = debt + 4 + 8
=> debt = TA - 12

Since DER = debt / equity
=>2:1 = (TA - 12) / 4

CAIIB ABM UNIT WISE MCQ COLLECTION

Check Your Progress

MODULE A

UNIT-1 Fundamentals of Economics, Microeconomics and Macroeconomics and Types of Economics

Question 1. Adam Smith defined Economics as a:

IIBF EXAM REVIEW : CAIIB ABM 2017 COLLECTION

IIBF EXAM REVIEW : CAIIB ABM 2017 COLLECTION

BM – RECOLLECTED QUESTIONS – PATTERN – JULY 2017

MODULE – A

CAIIB MODULE C HRM 90 QUESTIONS

HERE SHARING LINK OF CAIIB ABM MODULE C QUESTIONS COLLECTION

MODULE C HRM 138 QUESTIONS

MODULE C HRM 138 QUESTIONS

TO DOWNLOAD CLICK HERE 

HAPPY READING :)

ABM MODULE C HRM 151 Questions

CAIIB ABM MODULE C HRM QUESTIONS

ABM - Balance Sheet management Formulaes

ABM - Balance Sheet management
_______________________________________________

1. Net worth =  A) Excess of assets over liabilities( for individual) B) Capital + Reserve (for company) 

2. Networking Capital =  A) Total of current asset-Total of current liability B) Difference b/w long term source and long term use 

3. Debt Equity ratio (DER) = A) Term loan/Tangible networth B) Long term debt/Share holders equity C) Total liability/Share holders equity

4. DSCR = A) Total cash flow before interest/Total repayment obligation B) ( Net profit + Depriciation + Interest on long term liability )/ (Instalment + interest on long term liability) 

5. Return on asset = Operating profit/(Total asset-intangible asset) 

6. ICR(Interest coverage ratio )= EBIT / Interest on long term borrowings Where EBIT = Earning before interest and taxes 

7.Total outside liabilities= current liability + long term liability 

8. Total tangible asset = CA+ Fixed asset+ other non currrent asset 

9. Tangible networth = Networth - intangible asset 

10. Current Ratio = CA:CL 

11. Quick Ratio = ( CA - Inventories )/ CL 

12. Quick asset = CA - Inventory 

13. Heads that come under current asset→
Inventory, Preliminary Expenses/prepaid expenses, Cash and bank balance, Sundry debtors/Bill reicivables, Investment in qouted securities such as Govt sec , FDR

14. Heads that come under liabilities ->
 Sundry creditors/Bills payable, Installment of term loan payable in a year, prefrential capital, Provisions to paid in a year, WCTL( Working capital term loan )

CAIIB BFM Unit 6 Risks in Foreign Trade

More QUESTIONS WILL BE UPDATED LATER ON . CORRECT ME FOR ANY MISTAKE. HAPPY READING :)

1. A risk is:
(a) related to illness, which does not affect the human life.
(b) related to events which do not affect the profits of the organization.
( c) related to unplanned event with financial consequences resulting in loss.
( d) a certain event, where outcome is known.