MODEL QUESTIONS --- JAIIB

PRINCIPLES OF BANKING MODULE A & B

1) Reserve Ba! "# I$%a&s #'()%"s are (*ass%#%e$ %)"+
a) Supervisory & Regulatory
,) Promotional & Developmental
() Refinance Activities
$) All of the above -$)
.) M%%/'/ Ba! Ra)e %s+
a) 3%
b) 4%
c) 5%
) !one -$)
0) Se( ---- "# RBI A()11203 4%ves s"*e 5"6er )" RBI )" %ss'e ('rre(7
")es
a) "#
b) "$
c) %%
) %& - ( )
3) K8C /eas
a) 'no( )our *ustomer very (ell
,) 'no( )our e+isting *ustomer very (ell
() 'no( )our prospective *ustomer very (ell
$) Satisfy yourselves about the customer,s ientity an activities- -$)
9) I a Gar%s:ee Or$er1 ):e ,a!er " 6:"/ 4ar%s:ee "r$er serve$ %s+
a) .ugement Debtor,s *reitor
b) .ugement *reitor,s *reitor
c) .ugement *reitor,s Debtor
) .ugement Debtor,s Debtor -$)
;) Se( 101 "# NI A()11<<1 e=)e$s 5r")e()%" )" ):e
a) Paying /an0er
b) *ollecting /an0er
c) Avising /an0er
) 1ssuing /an0er -,)
>) ?75"):e(a)%" %s a55*%(a,*e % ):e (ase "#
a) 2ovable goos
b) 1mmovable property
c) /oo0 ebts
) *orporate guarantee -a)
<) A (:e@'e %s $a)e$ 1.AB9AB9C):e $'e $a)e %s+
a) "%3#$3#5
b) "43#43#5
c) "%3""3#5
) !one -$)
2) C:ar4e (rea)e$ " LIC P"*%(7 %s+
a) 5ypothecation
b) Plege
c) Assignment
) 2ortgage - ( )
1B) 8"'r ,a! 4ra)s a 6"r!%4 (a5%)a* #%a(e )" ABC & C"1 a
5ar)ers:%5 #%r/1 a4a%s) :75"):e(a)%" "# %ve)"r7C T:e (:ar4e %s
)" ,e re4%s)ere$ 6%): Re4%s)rar "# C"/5a%es 6%):%
a) 3# ays from the ate of avance
b) 3# ays from the ate of hypothecation agreement
c) 3# ays from the ate of sanction of loan
) !one -$)
11) D:%(: "e "# ):e #"**"6%4 %s ") ,arre$ ,7 *a6 "# *%/%)a)%"E
a) Plege
b) 5ypothecation
c) /an0er,s lien
) 6uarantee - ( )
1.)T:e )er/ FCre$%) Maa4e/e)G ("vers
a) *apital ae7uacy norms
b) Ris0 management incluing Asset38iability management
c) *reit appraisal 9 ecision an revie( of loans & avances
) All of the above -$)
10)Ba!&s Asse)s are (*ass%#%e$ % )" s)a$ar$ asse)s1 s',s)a$ar$
asse)s $"',)#'* asse)s a$ *"ss asse)s1 ,ase$ " ):e
re("//e$a)%"s "# -------------------- C"//%))ee
a) Rangara:an
b) !arasimham
c) 6hosh
) ;anon -,)
13)T:e )%/e )a!e )" ("ver) (as: %)" ra6 /a)er%a*s1 se/% #%%s:e$
4""$s1 #%%s:e$ 4""$s a$ %)" (as: 1 %s !"6 as
a) ;rae cycle
b) *ash cycle
c) <perating cycle
d) Revolving cycle - ( )
19)A ("/5a7 6:%(: 5""*s /"e7 #r"/ %ves)"rs a$ %ves)s % s)"(!s1
,"$s1 s:ares %s (a**e$
a) A ban0
b) An insurance company
c) /ancassurance
) 2utual =un -$)
1;)Ba(ass'ra(e %s
a) An insurance scheme to insure ban0 eposits
b) An insurance scheme to insure ban0 avances
() A composite financial service offering both ban0 an insurance proucts
$) A ban0 eposit scheme e+clusively for employees of insurance
companies - ( )
1>)J": & Ja/es are #r%e$s a4e$ 13 & 19 res5e()%ve*7C T:e7 6a) )"
"5e a H"%) a(("') % 7"'r ,a!C 8"' 6%**
a) Allo( them to open a :oint account to be operate :ointly
b) Allo( them to open a :oint account (ith operating instructions >ither
or Survivor
c) Allo( them to open a :oint account (ith operating instructions
=ormer or Survivor
) Allo( them to open a :oint account (ith operating instructions Any one or
Survivor -a)
1<)MrCA)/ara/ as $%re()"r "# a L)$ ("/5a7 e=5%re$C Ba! re(e%ve$ a
(:e@'e s%4e$ ,7 MrCA)/ara/ as $%re()"r "# ):e L)$ ("/5a7C T:e
,a!
a) *an honour the che7ue only after obtaining confirmation from other
irectors
b) *an honour the che7ue
c) *annot hounour the che7ue
d) ;he company shoul issue a stop payment instructions to the ban0
-,)
12)Te*e ,a!%4 serv%(e %s ,ase$ "
a) ?irtual /an0ing
b) <nline /an0ing
c) ?oice processing
d) *ore /an0ing - ( )
.B) I a se('r%)%sa)%" $ea*1 ):e r"*e "# a S5e(%a* P'r5"se Ie:%(*e -SPI)
%s
a) ;o ac7uire large !on Performing 8oans @!PA)
,) ;o ac7uire such loans from a ban0 or financial institution
() ;o ac7uire such loans for a transfer priceA (ith or (ithout recourse
$) ;o manage the ac7uire loans for the purpose of realiBation or hols
them as investment till maturity -$)
.1)Se('r%)%sa)%" %s a 5r"(ess "# a(@'%r%4 ):e *"as (*ass%#%e$ as
a) /oo0ebts
b) Performing ebts
c) /a ebts
) !on performing ebts -$)
..)T:e /%%/'/ 5er(e)a4e "# Pr%"r%)7 Se()"r a$va(es )" ,e
/a%)a%e$ ,7 #"re%4 ,a!s % I$%a
a) 4#%
b) "$%
c) 3%%
) &#% - ( )
.0) L"a #"r #%s: rear%4 %s ("vere$ '$er Pr%r"r%)7 Se()"r as -----------
a$va(es
a) Direct Agriculture
b) 1nirect Agriculture
c) Self >mployment Scheme
) Allie to inirect Agriculture -a)
.3) Cas: B'$4e) %s a s)a)e/e) "#
a) *ashC!on cash funs
b) *ash receipt an *ash payments
c) Another name for cash flo(
) !one -,)
.9) I ,a!&s 5ar*a(e (re$%) r%s! % *e$%4 %s
a) Default of the ban0er to maintain *RR
b) Default of the ban0er to maintain S8R
c) Default of the ban0er to release creit to the customer
) Default of the customer to repay the loan @)
.;) T:e a5e= %s)%)')%" 6:%(: :a$*es re#%a(e #"r a4r%('*)'re a$
r'ra* $eve*"5/e) %s (a**e$+
a) R/1
b) S1D/1
c) !A/ARD
) S>/1 - ( )
.>) L"4 F"r/ A'$%) Re5"r) -LFAR) %s 5re5are$ a$ s',/%))e$ ,7
a) R/1 inspectors
b) 1nternal inspectors
c) Statutory auitors - ( )
) *oncurrent auitors
.<) As 5er FIMMDA&s 4'%$e*%es1 ):e M%$-O##%(e %s res5"s%,*e #"r+
a) Dealing activities
b) Ris0 2anagement
c) Reconciliation
) *onfirmation of eals -,)
.2) I)eres) %s (a*('*a)e$ " a()'a*A0;9 $a7s ,as%s % res5e() "# ):e
#"**"6%4 5r"$'()s1 e=(e5) "e +
a) *all 2oney
,) !otice 2oney
() ;erm 2oney
$) 6<1 ate securities -$)
0B) D:%(: 6as ):e #%rs) M')'a* F'$ s)ar)e$ % I$%a+
a) S/1 2utual =un
b) 'ota0 Pioneer 2utual =un
c) 1nian /an0 2utual =un
) !one of the above -$)
01) T:e re4'*a)"r #"r M')'a* F'$s % I$%a %s+
a) =122DA
b) A2=1
c) R/1
) S>/1 -$)
0.) FIMMDA&s 4eera* 5r%(%5*es a$ 5r"(e$'res are a55*%(a,*e )"+
a) =i+e 1ncome 2ar0ets
b) 2oney 2ar0ets
c) Derivatives 2ar0ets
) All of the above @)
00) 8"'r ,a!&s ('s)"/er J8K L)$1 eH"7s a CC *%/%) "# RsC11BB1BBBCBB
T:e CC a(("') s:"6s a (re$%) ,a*a(e "# Rs11B1.B9CBBC
T:e re*a)%"s:%5 ,e)6ee 7"'r ,a! a$ J8K L)$ %s+
a) Debtor3*reitor
,) *reitor3Debtor
() /ailor3/ailee
$) /ailee3/ailor -a)
03) T:e r%4:) "# se)-"## %s+
a) *ustomer,s Right
b) *ustomer,s <bligation
c) /an0er,s Right
) /an0er,s Discretion -$)
09)D:%(: "# ):e #"**"6%4 #"r/s "# ,'s%ess are 5er/%ss%,*e '$er BR
A()+
a) /orro(ing
b) 1ssuance of 8etters of *reit
c) /uying an selling of bullion
) All of the above -$)
0;) A C"-O5era)%ve Ba! "5era)%4 % $%##ere) S)a)es are re4'*a)e$ ,7+
a) State *oC<perative Societies Act
b) /an0ing Regulation Act
c) 2ulti Dnit *oC<perative Societies Act
) /an0ing 8a(s @applicable to *oC<perative Societies) - ( )
0>) I res5e() "# Re4%"a* R'ra* Ba!s1 ):e s:are :"*$%4 5a))er %s+
a) *entral 6overnment 5#%AState 6overnment 35%ASponsoring /an0 "5%
b) *entral 6overnment 5#%AState 6overnment "5%ASponsoring /an0 35%
b) *entral 6overnment "5%AState 6overnment 35%ASponsoring /an0 5#%
b) *entral 6overnment 35%AState 6overnment 5#%ASponsoring /an0 "5%
-,)
0<) La6 "# *%/%)a)%" %s ") a55*%(a,*e % res5e() "# +
a) Avance against plege of shares
b) ** grante against hypothecation of inventory
c) ;erm loan secure by mortgage of Plant & 2achinery
) /an0 ;erm Deposit -$)
02) A ,a! % I$%a1 6a)s )" '$er)a!e (a5%)a* /ar!e) a()%v%)%es1 %)
s:"'*$+
a) <btain special license from A2=1
b) <btain special license from =122DA
c) /oth a an b
) Register (ith S>/1 -$)
3B) FIMMDA s)a$s #"r+
a) =oreign >+change 2ar0ets an Derivative 2ar0ets
b) =i+e 1ncome 2ar0ets 2oney 2ar0ets an Derivatives 2ar0ets
c) =i+e 1ncome 2ar0ets an Derivatives 2ar0ets
) !one of the above -,)
31) T:e Ca5%)a* A$e@'a(7 Ra)%" %s +
a) &%
b) $%
c) 4%
) "#% - ( )
3.) E=(e5) "e "# ):e #"**"6%4 "):ers are !"6 as N" F'$ ,ase$
#a(%*%)%es+
a) 8etters of *reit
b) /an0 6uarantees
c) *oCacceptance of /ills
) ;rust Receipt -$)
30) FIMMDA&s 4'%$e*%es ("ver ):e #"**"6%4 5r"$'()s1 e=(e5) "e+
a) *all 2oney
b) *ross *urrency 1nterest Rate s(aps
c) *ommercial Paper
) *ertificate of Deposit -,)
33) E=(e5) "e "# ):e #"**"6%4 "):ers are 5ar) "# P',*%( Se()"r Ba!s+
a) State /an0 of 5yeraba
b) *entral /an0 of 1nia
c) Regional Rural /an0A sponsore by a nationaliBe ban0
) 5D=* /an0 -$)
39) A ,a!er %s e=5e()e$ )" :""'r ):e (:e@'es 6%):% ):e s5e(%#%e$
,a!%4 :"'rs as 5er Se()%" "# NI A()11<<1
a) %%
,) %5
() 3"
$) &5 -$)