Jaiib Mock Testjaiib Candidates At Bangur-sealdah

60 Questions | Total Attempts: 23

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Jaiib Mock Testjaiib Candidates At Bangur-sealdah

ONLINE MOCK TESTINSTRUCTIONS:A) EACH PROBLEM IS COMPULSORYB) NO NEGATIVEC) TIME ONE HOURD) COVERING ALL THE THREE SUBJECTSE. TAKE A PIECE OF PAPER AND MARK THE CORRECT OPTION OF EACH QUESTION MARKED GREENFIND YOUR WRONG ANSWER AND TRY TO UNDERSTAND WHY AFTER THE EXAMTHIS TEST WOULD HELP YOU UNDERSTAND YOUR FOOTING AND WHERE TO GO TO CRACKYOU CAN COPY THE QUESTION SHOWN BELOW THE START BOTTOMBEST WISHES TO YOU ALLBPS


Questions and Answers
  • 1. 
    Which of the following is not a debt market instrument
    • A. 

      Treasury Bills

    • B. 

      Commercial Bills

    • C. 

      1+ 2

    • D. 

      Debentures

    • E. 

      3 + 4

  • 2. 
    RBI performs which of the following function to control banks
    • A. 

      Regulatory

    • B. 

      Supervisory

    • C. 

      Both

    • D. 

      None

  • 3. 
    Which of the following instrument is not negotiable but transferable
    • A. 

      Commercial papers

    • B. 

      Bill of lading

    • C. 

      Certificate of Deposit

    • D. 

      Commercial Bills

  • 4. 
    A boy is stated to be minor in case he has not attained _______ years of age as per 
    • A. 

      Indian Contract Act

    • B. 

      Indian Majority Act

    • C. 

      Indian Minority Act

    • D. 

      None

  • 5. 
    A loan after becoming NPA will remain substandard category for maximum period of
    • A. 

      90 days

    • B. 

      12 months

    • C. 

      6 months

    • D. 

      So long it is not classified as Doubtful Assets

  • 6. 
    Maximum value of any pre paid instrument shall not exceed Rs
    • A. 

      10000

    • B. 

      25000

    • C. 

      50000

    • D. 

      75000

  • 7. 
    OTCEI stands for
    • A. 

      Over the counter exchange of India

    • B. 

      Over the counter earning of income

    • C. 

      Over the counter essential instruments

    • D. 

      None

  • 8. 
    CCIL stands for
    • A. 

      CLEARING CREDIT INVESTMENT AND LIQUIDITY

    • B. 

      CREDIT CORPORATION OF INDIA LTD

    • C. 

      CLEARING CORPORATION OF INDIA LTD

    • D. 

      NONE

  • 9. 
    Penalty clause for complaint related to ATM transaction over non compliance by banks beyond stipulated period is Rs. ________ per day beyond _______ days
    • A. 

      150 / 12

    • B. 

      150 / 10

    • C. 

      100 / 12

    • D. 

      100 / 7

    • E. 

      None / None

  • 10. 
    While preparing Final accounts the real assets will find the place in
    • A. 

      Asset side of Profit & Loss

    • B. 

      Asset side of Balance Sheet

    • C. 

      Debit side of Profit & Loss a/c

    • D. 

      Credit side of Trading a/c

  • 11. 
    Which one of the following is an unsecured instrument
    • A. 

      Commercial paper

    • B. 

      Certificate of deposit

    • C. 

      Bond

    • D. 

      All

    • E. 

      None

  • 12. 
    In which year the Payment and Settlement System Act was passed and in which year Payment and Settlement System Regulations were framed to provide necessary statutory back up to RBI
    • A. 

      2007 / 2008

    • B. 

      2005 / 2006

    • C. 

      2006 / 2007

    • D. 

      2008 / 2009

  • 13. 
    NGRTGS stands for
    • A. 

      NEWLY GRADED RTGS

    • B. 

      NEXT GENERATION RTGS

    • C. 

      NEMERIC AND GRID RTGS

    • D. 

      NUMBER GENERATED RTGD

  • 14. 
    CCIL plays the crucial role of a CCP in the government securities, USD - INR exchange and collaterised borrowing and lending operation. CCP stands for
    • A. 

      CLEARING CORPORATION FOR PAYMENT

    • B. 

      CENTRAL COUNTER PARTY

    • C. 

      CASH AND CLEARING PAYMENT

    • D. 

      NONE

  • 15. 
    Cash Reserve Ratio is defined in
    • A. 

      B.R. Act

    • B. 

      RBI Act

    • C. 

      Sale of Goods Act

    • D. 

      Transfer of Property Act

  • 16. 
    Dematerialisation of share means
    • A. 

      Conversion of shares from electronic to physical form

    • B. 

      Transfer of shares from buyer to seller

    • C. 

      Transfer of shares from seller to buyer

    • D. 

      Converting shares from physical to electronic form

  • 17. 
    IRDA is the
    • A. 

      Regulatory authority for framing regulations to control insurance business

    • B. 

      Regulatory authority for controlling short term money market operations

    • C. 

      Regulatory authority for controlling bond markets

    • D. 

      Regulatory authority for controlling forex business

  • 18. 
    Governor of RBI and four Deputy governors are appointed by
    • A. 

      President of India

    • B. 

      Central Government

    • C. 

      Parliament

    • D. 

      Empowered group appointed by finance dept GOI

  • 19. 
    The rationale behind regulation of the banking / financial system is
    • A. 

      To generate, maintain and promote confidence and trust of the public in the banking / financial system

    • B. 

      To protect inventors' interest by adequate / timely disclosure by the institutions and access to the information by the investors.

    • C. 

      To ensure that the financial markets are both fair and efficient

    • D. 

      To ensure that the participants measure up to the rules of the market place

    • E. 

      All of the above

  • 20. 
    The typical retail deposit products do not include
    • A. 

      Senior citizen deposit product

    • B. 

      Zero balance account for salaried class people

    • C. 

      Term deposit products

    • D. 

      Credit card products

  • 21. 
    Non fund based services include
    • A. 

      Term loan

    • B. 

      Letter of credit

    • C. 

      Working capital finance

    • D. 

      Export credit

  • 22. 
    T- Bills is money market instrument of----------------authority
    • A. 

      GOI

    • B. 

      RBI

    • C. 

      Either

    • D. 

      No such instruments

  • 23. 
    The settlement of money market deals are operated through
    • A. 

      NEFT

    • B. 

      RTGS

    • C. 

      Bankers' cheque

    • D. 

      ECS

  • 24. 
    FIU-INDIA stands for
    • A. 

      Financial Intelligence Unity - India

    • B. 

      Financial Integrated Unit - India

    • C. 

      Financial Intelligence Unit - India

    • D. 

      Finance and Industrial Unit - India

  • 25. 
    One of the key elements of KYC policy is
    • A. 

      Customer Identification Policy

    • B. 

      Customer Identification Procedure

    • C. 

      Customer Acceptance Procedure

    • D. 

      Customer Acceptance Principle