MODEL QUESTIONS --- JAIIB

PRINCIPLES OF BANKING MODULE A & B

1) When a he!"e #$ %&a'n (n a )an*+ ,he )an* #$ a--e% ,he
a)Payee
b)Drawee
c)Drawer
d)Endorsee .))
/) One (0 ,he S,a,e G(1e&n2en, a1a#-$ (0 a ,e23(&a&4 0#nan#a-
a$$#$,ane 0&(2 Re$e&1e Ban* (0 In%#a5 Th#$ ,43e (0 0#nane
#$ a--e% 6
a)Overdraft
b)Temporary loan
c)Short term finance
d) Ways and Means advance .%)
7) Ma8#2"2 Ban* Ra,e #$6
a) 6%
b) !%
c) "%
d) #one .%)
9) O)-#:a,#(n (0 a Ban*e& ,( 2a#n,a#n $e&e4 #$ a33-#a)-e ,(
a) Only in case of e$istin% deposit acco&nts
b) Only in respect e$istin% loan acco&nts
c) Only in case of closed acco&nts
d) 'll types of deposit(loan acco&nts )e$istin%(closed) .%)
;) Ban* A a--('$ (ne (0 #,$ -#en,$ ,( '#,h%&a' a:a#n$,
-ea&#n: (0 a he!"e5 The )an*e& #$ a--e% a$6
a) *ollectin% and Payin% ban+er
b) ,older in d&e co&rse
c) ,older for val&e
d) -eimb&rsement ban+er .)
<) A$ 3e& ,he 3&(1#$#(n$ (0 NI A,+1==1 a )an*e& :e,$ 3&(,e,#(n
0(& 3a42en, (0 a he!"e (n-4 #0 #, #$ a 6
a) ,older in d&e co&rse
b) Payment in d&e co&rse
c) ,older for val&e
d) 'll of the above .))
>) A, a Ra#-'a4 $,a,#(n+ 4(" '#,h%&a' a$h 0&(2 ATM (0 S,a,e Ban* (0 In%#a5
SBI #$ a 6
a) Payin% .an+er
b) *ollectin% .an+er
c) 'dvisin% .an+er
d) /ss&in% .an+er .a)
=) Mana:e2en, (0 a Ban* 1e$,$ '#,h
a) -eserve .an+ of /ndia
b) 'sset 0iability *ommittee )'0*O)
c) .oard of Directors
d) #one of the above .)
?) @a&# #$$"e$ a $,(3 3a42en, #n$,&",#(n$ ,( h#$ )an*e& ,(
S,(3 3a42en, (0 a he!"e 0(& R$+/A+AAA5AA5 Th#$ #$
a) ' re1&est from ,ari
b) 'n intimation from ,ari
c) 'n advice from ,ari
d) ' mandate from ,ari .%)
1A)E8e3, (ne (0 ,he 0(--('#n: #n$,&"2en,$ (,he&$ a&e #$$"e%
a, %#$("n,5 I%en,#04 ,he e8e3,#(n6
a) ' *ertificate of Deposit )*D)
b) ' Treas&ry .ill )T.ill)
c) ' *ommercial Paper )*P)
d) ' 2i$ed Deposit )2D) .%)
11) Ca$h Re$e&1e Ra,#( .CRR) #$ ,( )e 2a#n,a#ne% (n Ne,
De2an% an% T#2e L#a)a#-#,#e$ .NDTL)5SLR #$ ,( )e
2a#n,a#ne% (n6
a) Total Demand and Time 0iabilities
b) #et Demand and Time 0iabilities
c) Total Demand and Time 'ssets
d) #et Demand and Time 'ssets .))
1/)Ga&n#$hee (&%e& #$ #$$"e% )46
a) 3&d%ement Debtor
b) 3&d%ement *reditor
c) 3&d%ement Debtor4s Debtor
d) #one of the above .%)
17)CAMEL 2(%e- #$ "$e% )4
a) .an+ers to eval&ated a credit proposal
b) .an+ers to mana%e their ris+s
c) -./ inspectors to eval&ate ban+s f&nctions
d) Merchant .an+ers to eval&ate portfolio investment .)
19)One (0 4("& NRI "$,(2e&$ 'an,$ ,( 3-ae FCNR
%e3($#,$ #n Cana%#an B '#,h 4("& )an*5 C(" '#--
a) 'ccept his re1&est and open a 2*#- a(c
b) Will not accept his re1&est to open 2*#- a(c in
*anadian 5
c) Will inform the c&stomer to place 2*#- in any
one of the c&rrencies )6S5(7.P(3P8(E6-)
d) .oth b and c .a)
1;) Wh#h (ne (0 ,he N(n Re$#%en, De3($#, $he2e$
#$ n(, 3e&2#,,e%5
a) 2*#- a(cs
b) #-#- a(cs
c) #-E a(cs
d) #-O a(cs .))
1<)A, ,he ,#2e (0 &ee#3, (0 a :a&n#$hee (&%e& 4("& "$,(2e&D$
a("n,$ $h('e% 6
#)SB aE "n-ea&e% )a-ane R$5/+AAA57; .C-ea&e% )a-ane R$
;;A57;)
##) An (1e&%"e 0#8e% %e3($#, 0(& R$5/;+>;75// 2a,"&e% (ne 'ee* ea&-#e&
###)OD a("n, $h('e% a &e%#, )a-ane (0 R$5=+>/=5?<
#1)CC a("n, $h('e% a &e%#, )a-ane (0 R$+/+/9>51=
In%#a,e ,he a2("n, 'h#h an )e a,,ahe% )4 ,he :a&n#$hee (&%e&F
a) -s9:;""!9<"
b) -s9=!;:9>6
c) -s9?<;<>9<=
d) -s @;@<9"? .)
1>)C(" &ee#1e a he!"e #n an (1e&%&a0, a("n, 0(& R$5/>+AAA5AA5
The %e)#, )a-ane #n ,he a("n, #$ R$57A+AAA5AA an% ,he OD
-#2#, #$ R$ ;;+AAA5AA5Wha, &ea$(n 4(" '#-- $,a,e 'h#-e &e,"&n#n:
a) -efer to drawer
b) Effects #ot cleared
c) E$ceeds arran%ement
d) Endorsement not correct .))
1=) Ma,h ,he 0(--('#n:6
#) Pa42en, #n D"e C("&$e A) In$"&ane
##) Ka&,a B) Ca$h C&e%#,
###) IRDA C) @UF
#1) @43(,hea,#(n (0 In1en,(&4 D) Pa4#n: Ban*e&
a) iAD;iiA*;iiiA';ivA.
b) iA';iiA.;iiiA*;ivAD
c) iA.;iiA';iiiAD;ivA*
d) iAD;iiA*;iiiA.;ivA' .a)
1?) Ma,h ,he 0(--('#n:6
I%en,#04 ,he C(22#,,ee$6
#)C-a$$#0#a,#(n (0 A$$e,$ A) Na4a*
##)C(23",e&#$a,#(n #n Ban*$ B) Ta&a3(&e
###)W(&*#n: Ca3#,a- 0(& SSI$ C) Na&a$#2ha2
#1)Ca3#,a- A("n, C(n1e&,a)#-#,4 D) Ran:a&aGan
a) iA.;iiAD;iiiA*;ivA'
b) iAD;iiA*;iiiA';ivA.
c) iA.;iiA';iiiA*;ivAD
d) iA*;iiAD;iiiA';ivA. .%)
/A) Ma,h ,he 0(--('#n:6
#)F#nan#a- #n,e&2e%#a&#e$ A) M","a- 0"n%$
##)ATM$ B) E- Ban*#n:
###)Ce&,#0#a,e (0 De3($#,$ C) M(ne4 Ma&*e,$
#1)B((* %e),$ D)A$$#:n2en,
a) iA*;iiAD;iiiA';ivA.
b) iAD;iiA*;iiiA.;ivA'
c) iA';iiA.;iiiA*;ivAD
d) iA';iiA*;iiiA.;ivAD .)
/1) RTGS $,an%$ 0(& 6
a)-eal Time Settlement System
b)-eal Time 7ross Settlement System
c)-eal 7ross Settlement System
d)#one of the above .))
//) The )an*e& a,$ a$ a Ba#-ee an% ,he "$,(2e& a$ Ba#-(&+
,h#$ &e-a,#(n$h#3 #$ a33-#a)-e6
a)when a ban+ lends f&nds to a corporate c&stomer
b)when a ban+ accepts 6S5 2*#- deposits form a #-/ c&stomer
c)when a c&stomer operates a safe deposit loc+er
d)when a c&stomer +eeps articles in safe c&stody with a ban+ .%)
/7)One (0 4("& "$,(2e&$ -($, ,he F#8e% De3($#, Ree#3, #$$"e%
)4 ,he )an*5 T( (),a#n a %"3-#a,e FD he nee%$ ,( 0"&n#$h
a)' Promissory note
b)' 7&arantee
c)' 0etter of *redit
d)'n /ndemnity bond .%)
/9) In a %e2an% %&a0, ,he '(&% H(&%e&I #$ han:e% ,( H)ea&e&I
)4 ,he h(-%e& (0 ,he %%5 I, #$ a--e% a$6
a)Endorsement
b)Material alteration
c)*rossin%
d)#one of the above .))
/;) Ca3#,a- a%e!"a4 #$ '(&*e% (", )a$e% (n6
a) Total demand and time liabilities
b) #et demand and time assets
c) -is+ wei%hted assets
d) -is+ wei%hted liabilities .)
/<) One (0 4("& "$,(2e&$ %#e$ '#,h(", -ea1#n: a '#-- an%
The ("&, a33(#n,$ a 3e&$(n ,( han%-e ,he "$,(2e&D$
P&(3e&,45 S"h a 3e&$(n #$ a--e% a$
a)'n administrator
b)'n e$ec&tor
c)' li1&idator
d)' s&ccessor .a)
/>)A ne:(,#a)-e #n$,&"2en, #$ en%(&$e% a$ Pa4 ,( RaG" (n-4
This is called asB
a).lan+ endorsement
b)-estrictive endorsement
c)Sans reco&rse endorsement
d) Endorsement in Full (b)