🏆 Your Bank Promotion Exam – Complete Revision Guide
Master Policy, Anchor Numbers & Smart Exam Strategies
Comprehensive Quick Reference for Bank Officers
🧠 The Science of Smart Guessing: How to Crack Banking MCQs
Reality Check: In any competitive banking exam, there will always be 10-15 questions where you’re unsure. Leaving them blank is safe, but educated guessing is profitable.
This is not about luck. It’s about Psychometrics—the science of how test questions are designed. Research shows that examiners follow predictable patterns when creating wrong answers (distractors).
🎯 Principle 1: The “Specific Qualification” Rule (The Longest Option)
Real Example:
Q: Which of the following is true regarding the Whistle Blower Policy timeline?
- A. All records must be destroyed immediately after inquiry. ❌
- B. Records are kept for 3 years. ❌
- C. The Competent Authority must conduct a discreet inquiry within 15 days of receiving the complaint. ✅
- D. Anonymous complaints are processed within 10 days. ❌
Why C is correct: Option C is specific. It doesn’t just say “inquiry”; it says “discreet inquiry”. It specifies a timeline “within 15 days”. This level of detail is usually lifted directly from the policy circular.
⚖️ Principle 2: The “Extreme Outlier” Elimination
Real Example: What is the ceiling for direct purchase of automobiles through GeM Portal?
- A. ₹5.00 Lakh (Too Low) ❌
- B. ₹30.00 Lakh ✅
- C. ₹1.00 Crore (Too High) ❌
- D. ₹50,000 (Impractical) ❌
Smart Elimination: Remove extremes (D & C), choose the middle-range practical number (B).
🧩 Principle 3: The “Heterogeneity” Effect (Odd One Out)
Pattern: Three service/security options + One loan product = The loan product is usually correct.
🔄 Principle 4: The “Distractor Symmetry” Trap (The 50/50 Split)
Example: Cooling period for Concurrent Audit?
- A. 2 Years (For Retired Officers tenure) ❌
- B. 1 Year (For CA Firms) ❌
- C. 6 Months ✅ (For Retired Officers cooling period)
- D. 3 Years ❌
Strategy: Notice the symmetry: B & C are related limits. The answer is one of these two. EROs are trusted staff = shorter cooling. Answer: 6 Months.
💎 Principle 5: The “Anchor Number” Strategy
Remember These Numbers:
- ₹5 Crore: Legal Audit, Stock Audit, LEI, Valuations
- ₹1 Crore: Credit Audit, CIRs, Document Vetting, Renewal
- ₹10 Lakh: MUDRA Tarun, CGTMSE, Small NPAs
- ₹25 Lakh: Wilful Defaulter, Quick Mortality Investigation
- 15 / 30 / 90 / 180 Days: Classic timeline anchors
🚀 Principle 6: The “All of the Above” Probability
CRITICAL RULE: If you know for a FACT that two options are correct, and “All of the Above” is an option → Select “All of the Above” immediately.
Example: Which are eligible for Priority Sector Lending (PSL)?
- A. Loans to Small & Marginal Farmers ✓
- B. Loans to Startups up to ₹50 Crore ✓
- C. Installation of Solar Power Plants ✓
- D. All of the Above ✅
💡 Exam Hall Protocol: 3 Phases
Phase 1: Knowledge First
Answer all questions you know directly. Accuracy here builds your base score (70-75%).
Phase 2: Elimination
Remove obviously extreme numbers, vague statements, and over-absolute phrasing (15-20%).
Phase 3: Smart Selection
Between numbers → Prefer Anchor Number. Between sentences → Prefer longer, specific one (5-10%).
⚠️ Common Exam Traps to Avoid
- ❌ Confusing KCC NPA (90 days) with crop loans (2 seasons)
- ❌ Mixing PM KUSUM (25-year PPA) with other renewable schemes
- ❌ Forgetting PNB Suraksha restriction at ₹1 Crore limit
- ❌ RLLR changes “NEXT WORKING DAY”, not immediately
- ❌ FFD interest charged ONLY if FD runs > 7 days
- ❌ QMC cooling period NOT applicable (exception!)
- ❌ SHG MCP mandatory from 3RD dose, not 2nd
- ❌ SARFAESI Section 13(2) Notice within T+17 days
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Take Test →⚡ Loaning Powers & Delegation
Understand sanctioning authority and delegation framework
Take Test →🏆 KEY FACTS – HIGH-YIELD ANCHOR NUMBERS
These numbers appear most frequently in banking exam questions. Memorizing these is the highest ROI activity.
💡 The “Big Three” Anchor Numbers
These three numbers appear most frequently across all policy questions:
1. The ₹5.00 Crore Anchor
| Policy/Trigger | Threshold |
|---|---|
| Legal Audit of Title Deeds | ₹5 Cr & above |
| Stock Audit (FB+NFB Working Capital) | ₹5 Cr & above |
| LEI (Legal Entity Identifier) | ₹5 Cr & above |
| Two Valuations Required (IP value) | Above ₹5 Cr |
2. The ₹1.00 Crore Anchor
| Policy/Trigger | Threshold |
|---|---|
| Credit Audit (Standard Accounts) | Above ₹1 Cr |
| Two Commercial CIRs Required | Above ₹1 Cr |
| Easy/Digital Renewal Applicable | Up to ₹1 Cr |
| Vetting of Documents by Advocate | ₹1 Cr & above |
3. The ₹10.00 Lakh Anchor
| Policy/Trigger | Threshold |
|---|---|
| MUDRA Tarun Maximum | ₹10 Lakh |
| CGTMSE Mandatory (No Collateral) for MSE | Up to ₹10 Lakh |
| Staff Accountability Category-I (Small NPAs) | Up to ₹10 Lakh |
Other Critical Thresholds
| Anchor Number | Policy/Trigger |
|---|---|
| ₹25 Lakh | Wilful Defaulter Reporting & Quick Mortality Investigation |
| ₹50 Crore | CEIB Report, Forensic Audit for RFA, Dynamic Risk Review |
| ₹250 Crore | ASM (Specialized Monitoring Agencies) Mandatory |
| ₹10,000 | Quick Transfer Daily Limit (No Beneficiary) |
⏱️ CRITICAL TIMELINES – The “Timeline Anchors”
| Timeline | Policy/Trigger |
|---|---|
| 15 Days | Whistle Blower inquiry, CERSAI charge removal, Grievance resolution |
| 30 Days | Staff Accountability cooling period, SARFAESI notice |
| 90 Days | NPA Classification (overdue > 90 days), CGTMSE reporting |
| 180 Days | Review/Renewal: NPA if not done within 180 days |
| 7 Years | Record maintenance (PMLA), Whistle Blower cutoff |
📊 NPA PROVISIONING STAIRCASE
| Asset Classification | Provisioning % |
|---|---|
| Substandard (Secured) | 15% |
| Doubtful DB-1 (12-24 months, Secured) | 25% |
| Doubtful DB-2 (24-48 months, Secured) | 40% |
| Doubtful (Unsecured Portion) | 100% |
| Loss Assets | 100% |
💡 Recovery Appropriation Order
Remember: Expenses → Interest → Principal
🏦 SMART BANKING CURRENT ACCOUNT (SBCA) – Quick Reference
| Variant | MAB | Sweep Threshold | FFD Multiple |
|---|---|---|---|
| Gold | ₹1 Lakh | ₹1,00,000 | ₹10,000 |
| Diamond | ₹5 Lakhs | ₹2,00,000 | ₹10,000 |
| Platinum | ₹10 Lakhs | ₹7,50,000 | ₹10,000 |
Key SBCA Rules
- Sweep on LIFO basis
- 4 times/month (Every Tuesday)
- No interest if FD < 7 days
Platinum Special
- Use CA balance up to ₹10L first
- Then break FDs in ₹1L multiples
- No loan/OD against FFD
🏭 MSME & AGRICULTURE QUICK FACTS
Kisan Credit Card (KCC)
- Validity: 5 years (subject to annual review)
- In-built enhancement: 10% per annum
- NPA norm: Overdue > 90 days from due date
PM Vishwakarma Scheme
| Tranche | Max Amount | Tenure |
|---|---|---|
| 1st | ₹1 Lakh | 18 months |
| 2nd | ₹2 Lakh | 30 months |
PM Vishwakarma Highlights
ROI: 13% p.a. (5% paid by borrower, 8% subsidy by Ministry)
Security: NIL (Govt. guarantee covered, Government pays fee)
Credit Decision TAT: 14 working days
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See All Tests →🎯 EXPOSURE CEILINGS BY CONSTITUTION
| Constitution Type | Max Exposure |
|---|---|
| Proprietorship / AOP | ₹50 Crore |
| Partnership / LLP | ₹100 Crore |
| Society / Trust / HUF | ₹200 Crore |
📈 INTERNAL RISK RATING (IRR) & CREDIT SCORING
Score Ranges & Sanctioning Authority
| Score Range | Zone | Sanctioning Authority |
|---|---|---|
| > 50 | Green Zone | Respective Branch Authority |
| > 40 to 50 | Yellow Zone | Next Higher Authority (with justification) |
| ≤ 40 | Red Zone | Cannot be Sanctioned |
⚖️ RECOVERY & SARFAESI TIMELINES
| Stage | Timeline |
|---|---|
| D Date | 30 days post-NPA |
| Section 13(2) Notice | T+17 days from D Date |
| Reply to Objection 13(3A) | Max 15 days |
| Sale Notice to Auction | Min 30 days gap |
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simply excellent and thanks