Disclaimer: The following questions have been prepared based on memory-recalled Patterns from the last 2–3 years to give staff a glimpse of previous year’s question trends.
An Effort has been made to provide answers in line with the Bank’s prevailing guidelines.
In case of any discrepancy or mismatch, the Bank’s official circulars and Instructions shall prevail.
Memory Recalled Question-PNB, Scale 2 to 3, exam held on 01.12.2024
Credit s Asset quality
1. OD limit allowed against the vehicles financed under PNB Transport Scheme, having on-road purchase price of: ₹ 5.00 lac and above
2. Valuation from one Bank’s empaneled valuer is required in which of the following cases where realizable value of individual flat/unit is: Rs.3.70 Crore (All other options are above 5.00 Crore)
3. Assets classification if DB-2, hence the period in doubtful category is ___and Provision for secured portion: 1-3 Years and 40%
4. Bank Guarantee with Automatic Renewal clause can be opened by SFMS with following conditions (Select which one in not true out of 4): Cash Margin can be 75% is incorrect (as 100% Cash Margin is required).
5. Section 7(4) of the Insolvency and Bankruptcy Code (IBC) states that the Adjudicating Authority must determine if a default has occurred within ___ days of receiving an application: 14 Days
6. Consolidated financial statements are prepared in accordance with Accounting Standard (AS): AS 21
7. The list of trades may be updated and modified by the ___ in PM Vishwakarma Scheme with the approval of Minister for MSME, Government of India: National Steering Committee
8. Margin in E-GST Express Scheme for Stocks and BD up to 3 months old: 25% each
9. Techno Economic Viability, who is the convenor of Committee for conflict resolution and quorum is: DZM and 3
10. In MSME for how much value of plant and Machinery, two valuers are required— Above 1 cr.
11. DB2 time period and provisioning- 1 to 3 years and 40%
12. PM vishwakarma trader list can be ammended by – National Steering Committee – with permission of GOI.
13. In financing of roof top subsidy from 3KW to 10 KW- Subsidy is capped at Rs. 78,000 for systems above 3 KW
14. Lending under consortium, due diligence report- 500 Rs per 1 cr.
15. In case of NPA, if value of PCM is above ___ then valuation from 2 valuers: Rs.1.00 Crore
16. Competent Authority to give mandate for assenting on initiation of Prepackaged Insolvency Resolution Process/ Termination of Pre-Packaged Insolvency Resolution Processin NPA account of Rs.28.00 Crore: ZOCC
17. Under Financial Supply Chain Management, in case there is Recourse to Anchor, it may be in the form of any of the following (Wrong One): Collateral Top-Up Note:- (1. First Loss Default Guarantee (FLDG) 2. Loss Make up Guarantee (LMUG) 3. Letter of Comfort (LC) 4. Corporate Guarantee)
18. Digital personal loan to customers who have fully repaid and closed Home Loan/ Car Loan/ Education Loan within last ___ years C Personal Loan within ___ years on the date of extraction of data of eligible customers: 10 and 5 Years
19. E-OTS is valid up to: Rs.10.00 Lakhs O/s
20. All the NPA Accounts classified as Doubtful or Loss, having Balance Outstanding above Rs. ___ lakh upto Rs.5.00 Crore as on close of previous Financial Year, possessing coverage of _____% or more by Market value of securities as on date of receipt of OTS proposal, such cases shall not be covered under this Special OTS Scheme and shall be dealt as per general OTS Policy: 50 Lakh and 125% (Sastra 06/25)
21. Education loan scheme for admission to premier institution: PNB Pratibha
22. Limitation period for mortgaged property and movable assets: 12 Years and 3 Years
23. Under PNB Digi Car Loan total credits in the statement of the account shall be at least of income shown in the latest ITR submitted: 60%
24. Quick Mortality in loan account of Rs.80.00 Lakhs to be identified by: Circle Head
25. Validity period of solvency certificate: 6 Months
26. ___ MCLR to be used in calculation of Net Present Value of the Realizable Value of Securities net of cost of realization (NPVRV): 1 Year
27. Purpose of corporate loans (select wrong one): None (All Correct)
(1. Building up of Net Working Capital (NWC) 2. Repayment of existing high-cost debts 3. Leveraging specific cash streams that accrue into the company 4. Implementation of VRS (Voluntary Retirement Scheme) in the Company 5. Meeting research & development expenditure 6. Any other purpose which may help in the growth/expansion/operation of the business)
28. Negative Covenant NC2 (Formulate any scheme of amalgamation or reconstruction) is not applicable for: Central and State PSUs
29. Due Diligence Report for borrowers availing aggregate (fund and non-fund based) limits of Rs. ___ Cr above under consortium / multiple Banking arrangements: Rs.20.00 Crore
30. If, at the time of revaluation, negative variance of the individual property is or more from the earlier valuation, the matter shall be referred to sanctioning authority to take appropriate safeguards: 20%
31. Personal living expenses up to Rs. ___ for courses up to 1 year and Rs. ___ for courses more than 1 year on declaration basis without any receipts: Rs.1.00 Lakh and Rs.2.00 Lakh
32. PNB Samarth :- PNB Samarth is Punjab National Bank’s integrated platform for stressed assets management and automated recovery processes. Key points about PNB Samarth include:
- Digitization of Recovery Processes
- Modules: PNB Samarth comprises 17 modules.
- Mandatory Processing: All OTS/Compromise proposals (including HO sanction) must be processed and sanctioned through the PNB Samarth Portal.
- Monitoring: Zonal Offices are required to monitor the manual processing and sanctioning of OTS.
- Compliance: All field officials are advised to ensure meticulous compliance with these guidelines.
33. Instruments eligible under Credit Risk Mitigation (Wrong One): Securities issued by Listed Companies :-
- Cash: Including certificates of deposit or comparable instruments issued by the lending bank.
- Gold: Both bullion and jewellery, with the value of jewellery benchmarked to 99.99% purity.
- Securities: Issued by Central and State Governments.
- Kisan Vikas Patra and National Savings Certificates: Provided there is no operational lock-in period and they can be encashed within the holding period.
- Life Insurance Policies: With a declared surrender value from an insurance company regulated by an insurance sector regulator.
- Debt Securities:
- Rated by a chosen Credit Rating Agency, attracting 100% or lesser risk weight (e.g., rated at least BBB- for public sector entities and other entities, or A3 for short-term debt instruments).
- Not rated but issued by a bank, listed on a recognized stock exchange, classified as senior debt, and all rated issues of the same seniority by the issuing bank are rated at least BBB- or A3 by a chosen Credit Rating Agency.
- Units of Mutual Funds: Regulated by the securities regulator, where a price for the units is publicly quoted daily and the mutual fund is limited to investing in the instruments listed above.
Risk, Audit s Compliance
34. In Risk Based Audit System if risk is decreasing from high the min level of trans testing is — 70 %.
35. CAR of bank as on 31.03.2024 15.97%, Note:- Latest result as on 31.03.2025 and 30.09.2025 to be studied
36. As per RBIA, overall risk category is High and Decreasing, therefore the minimum level of transaction to be tested: 70%
37. Parameters under Internal Evaluation Segment in Compliance Risk Assessment Model (CRAM): 10 Parameters (Revised Group compliance policy 06/25 compliance division)
38. ORMC Invitees: DGM- Law Division
i. All other General Managers of Integrated Risk Management Division
ii. Divisional Head – KYC
iii. Principal Officer (Presently, DGM – Centralized AML Cell)
iv. General Manager-Centralized Procurement & Partnership Division (CPPD)
39. In case the Report is not submitted within days from the date of completion of Audit of the unit, a penalty of of the audit fees will be imposed on External Concurrent Auditors (CA Firms): 15 Days and 10%. A 10% penalty of the audit fees is imposed if the report is not submitted within 15 days from the stipulated time.- A 15% penalty of the audit fees is imposed if the report is not submitted beyond 15 days up to 30 days from the stipulated time.- A 20% penalty of the audit fees is imposed if the report is not submitted 30 days up to 45 days from the stipulated time.- A 25% penalty of the audit fees is imposed if the report is not submitted beyond 45 days up to 60 days from the stipulated time.
40. ZRMC, Monitoring of unhedged foreign currency exposure (UFCE), where the adverse exchange rate movement is more than: 5%
41. Fraud related to card to be reported within____7 days
Treasury s Forex
42. In write off of unrealized export bills permitted limit is 5% of total export proceed.
43. Self write-off of unrealized export bills of the total export proceeds realized during the previous calendar year: 5%
- Self-write-off by an exporter (Other than Status Holder Exporter): Up to 5% of the total export proceeds realized during the previous calendar year.
- Self-write-off by Status Holder Exporter: Up to 10% of the total export proceeds realized during the previous calendar year.
- Write-off by AD Category-1 Bank: Up to 10% of the total export proceeds realized during the previous calendar year.
44. Diamond dollar account, eligible firms allowed to open more than 5 CA.
45. How many accounts can a customer open under DDA (Diamond Dollar Account) scheme: 5
46. AD branches have been permitted to offer facility of payment for imports of goods and software of value not exceeding USD ___ by entering into standing arrangements with the OPGSPs: USD 2000
47. Question on EEFC account.
48. The loans covered under Interest Equalization Scheme which have priced at an average interest rate of greater than Repo Rate +___%prior to subvention would be subjected to certain restrictions: 4
IT s Cybersecurity
49. These occur when malicious actors use complex malware to quietly gain access to proprietary or personal information and sensitive information. These malware may remain in dormant form in organization’s IT setup for prolonged period waiting for opportunity to cause maximum damage: Advanced Persistent Threats (APT)
50. As per Information Security policy, which of the following is not a privileged user:
- System Administrators
- Database Administrators
- Security Administrators
- Network Administrators
- Application Administrators
HR s Admin
51. Full form HRMD and some others which one is correct. Human resource management division
Fintech, Digital Banking s Ecommerce
52. In internet banking quick tr maximum amount per transaction_10000/-_ and max __3__tran in a day.
53. LRS through PNB One USD 10,000
54. CNB transaction and CVV how many digit- 3 digit
Operations
55. PNB Gold Monetization Scheme variant: Short Term Bank Deposit (STBD)
56. Centralised web portal by RBI for search of unclaimed deposit across banks- Unclaimed Deposits – Gateway to Access Information (UDGAM)
57. Regarding counterfeit notes CC to follow which RBI guidelines- Reserve Bank of India’s (RBI) Master Direction on Detection and Impounding of Counterfeit Notes
58. In Grievance redressal case is transferred after how many days to Internal Ombudsman in non concrete resolution.—20 days
59. Credit exposure to open CA through Tab- less than 5 cr.
60. Policy of depository services ASBA listing of shares in Public issues reduced to T+6 days to T+3 days
61. Who was not a subsidiary of bank on 31.03.2024-
- PNB International Ltd, UK
- Druk PNB Bank Ltd, Bhutan
- PNB Investment Services Ltd
- PNB Cards and Services Ltd
- PNB Gilts Ltd
62. Policy of locker, engraving on locker key- Engraving the Bank name and Branch Code on locker keys is mandatory to facilitate identification by Law Enforcement agencies if needed.
63. Customer Right policy- Which of the following is under customer rights policy: Right to Transparency, Fair and Honest Dealing (Right to Fair Treatment, Right to Transparency, Fair and Honest Dealing, Right to Suitability, Right to Privacy, Right to Grievance Redress and Compensation, Operation of Bank Accounts by Old/ Sick/ Incapacitated Customers)
64. In surprise visit by RBI, which is not an irregularity in branch.
- Ramp and railing at the entrance of the Branch not available.
- Computer generated cash receipts are not being provided to the customers.
- Complaint register is not maintained.
- Comprehensive notice board not updated.
- Separate counters for Sr. Citizens/ Differently Abled Persons or Preference to Sr. Citizens/ Differently Abled Persons were not available in the Branch.
- Acknowledgement indicating the expected time for disposal of loan application is not being given to the applicants.
- Customer Service Committee meeting register not updated / Record of customer service meeting and theme-based meeting is not held in branch.
65. Customer compensation policy :- Competent Authorities:
- Branch: NIL
- Deputy Circle Head at Circle Office: Up to ₹0.10 lakh
- Committee at Circle Office: Up to ₹1.00 lakh
- ZOCAC: Up to ₹2.50 lakh
- HOCAC I: Up to ₹5.00 lakh
- HOCAC II: Up to ₹10.00 lakh
- HOCAC III: Up to ₹25.00 lakh
- MC: Full
Committee at Circle Office:
- Chairperson: Circle Head
- Members: Chief Customer Executive Officer (CCEO) of Circle, Chief Manager/Senior Manager, Law Officer (if available), Chief Manager/Senior Manager (In-charge of Complaints)
- Quorum: Three members, including the Circle Head as a mandatory member
66. Ease 7.0 how many APs- 5
67. In wats app banking which service is not covered-
- Financial transactions such as fund transfers, bill payments, and loan applications.
- Customer support for complex issues that require detailed assistance.
- Account opening and other onboarding processes.
- Change of personal details like address, mobile number, or email address.
- Closure of accounts or other account termination services.
- Dispute resolution for transactions or other banking services.
68. As per PMLA which report is not to be send to FIU- to be sent are CTR,STR,NTR, CBWTR, CCR, IPR
69. CRAM- Compliance Risk Assessment Model
70. Safety ring functionality-: Safety Ring is an additional feature to set a daily transaction limit w.r.t. TD on premature online or availing OD facility on TDs up to the set limit amount.
71. PNB apun Bahan-50% deduction in GMS in PNB Apun Bahan: Up to 50,000/- Salary Scheme valid till 31.03.2025
72. Penalty for not obeying note exchange policy in branches- ₹10,000 for any single violation
73. PNB smart Banking CA- Customers can withdraw cash at PNB ATMs without a physical or virtual card. Minimum withdrawal limit is ₹100 and maximum is ₹20,000 per account per day.
74. Credit card rupay variant- Current Card Credit Limits: Minimum: Rs. 10,000/-, Maximum: Rs. 5,00,000/-. On specific recommendation, the limit can be enhanced up to Rs. 10,00,000/-. – Credit Card Cash Withdrawal: 20% of card credit limit, with a single transaction limit of 50% of the available cash limit.
75. PFRDA emergency withdrawal in case of NPS which is not covered-
- Medical Emergency: Subscribers can withdraw up to 25% of their own contributions (excluding employer contributions) for medical emergencies. This can be done only after a minimum of three years from the date of account opening.
- Disability: In case of a permanent disability (more than 75%), subscribers can withdraw up to 25% of their own contributions.
- Death of Subscriber: In the event of the subscriber’s death, the entire accumulated pension wealth is paid to the nominee or legal heir.
- Tier II Account: For Tier II accounts, which are optional and do not have withdrawal restrictions, subscribers can make unrestricted withdrawals as per their needs.