JAIIB PPB Sample Questions by Murugan for May 2016

www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… .c o m Facebook Groups iib m oc kt es t ALL THE VERY BEST FOR YOUR EXAMS w w w .ja iib ca SAMPLE QUESTIONS FOR JAIIB PRINCIPLES & PRACTICES OF BANKING Though we had taken enough care to go through the questions, we request everyone to update yourself with the latest information through RBI website and other authenticated sources. In case you find any incorrect/doubtful information, kindly update us also (along with the source link/reference for the correct information). ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 1 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Principles & Practices of Banking .c o Sec 131 of NI Act,1881 does not extend protection to the ...... (i) Paying Banker, (ii) Collecting Banker, (iii) Issuing Banker es t a. Only (i) and (ii) b. Only (i) and (iii) c. Only (ii) and (iii) d. (i), (ii) and (iii) oc kt Ans - b ............................................. ca a. Only (i) and (ii) b. Only (i) and (iii) c. Only (ii) and (iii) d. (i), (ii) and (iii) iib m Hypothecation is not applicable in the case of ...... (i) Movable goods, (ii) Immovable property, (iii) Corporate guarantee iib Ans - c ............................................. The credit cards are usually valid for ...... w w w .ja a. One or Three years b. Five years c. Ten years d. No time limit Ans - a ............................................. Onsite inspections of banks is not based on ...... methodology (i) CRISIL, (ii) CAMELS, (iii) CCIL a. Only (i) and (ii) b. Only (i) and (iii) c. Only (ii) and (iii) ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 2 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m d. (i), (ii) and (iii) .c o Ans - b ............................................. es t Effective selling skills does not depend on ...... (i) Size of the sales team, (ii) Peer strength, (ii) Knowledge level of the sales team oc Ans - b ............................................. kt a. Only (i) and (ii) b. Only (i) and (iii) c. Only (ii) and (iii) d. (i), (ii) and (iii) iib m Marketing implies 'meeting needs ...... (i) profitably, (ii) increasingly ca a. Only (i) b. Only (ii) c. Either (i) or (ii) d. Both (i) and (ii) iib Ans - a ............................................. .ja The functions of the distribution channel do not includes ...... w w w a. Helping the company to do demand forecasting b. Helping the customer in understanding and using the goods c. Marketing research d. Promotion of the sale of goods Ans - c ............................................. Considering non personal communication channels, radio and television are not considered as ...... (i) online media, (ii) broadcast media, (iii) display media a. Only (i) and (ii) ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 3 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… .c o m b. Only (i) and (iii) c. Only (ii) and (iii) d. (i), (ii) and (iii) Ans - b ............................................. es t Considering non personal communication channels, social networking sites, e-mail and company Websites are considered as ...... iib m Ans - c ............................................. oc kt a. broadcast media b. display media c. online media d. All the above In PLC stages, stage in which sales and profits declines is called ...... iib ca a. decline stage b. less improved stage c. product maturity stage d. non-innovative stage .ja Ans - d ............................................. w w w Which is/are correct as regard to debit/smart card ? (i) The relationship between the card issuing bank and card holder is contractual and is subject to certain terms and conditions. (ii) As per the RBI guidelines, banks can introduce smart/debit cards with issued by Reserve Bank of India. (iii) Banks are not permitted to issue debit/smart cards in tie up with any non-banking entities. a. Only (i) and (ii) b. Only (i) and (iii) c. Only (ii) and (iii) d. (i), (ii) and (iii) Ans – d ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 4 ........... (i)...... Narasimham c..RBI Ans ...c o a... (ii) and (iii) es t Ans .com.. (ii) Pledge..com. any one of the above w Ans ..............com..... Committee iib m oc a... ca If in a cheque.. Tandon Ans ...a ............ ......com...... amount stated in words shall be paid b....bankpromotionexams.. (i) Hypothecation........ 09994452442 5 . based on the recommendations of ......com. then ......... Ghosh d..onlyforbankers. Only (i) and (ii) b. Only (i) and (iii) c.com [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail....... (iii) Assignment ....... amount stated in figure shall be paid c...onlyforbankers. IBA d. www.c ...........com...com... www.... admin@jaiibcaiibmocktest... a..jaiibcaiibmocktest... Govt of India b. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Charge created on LIC Policy is not .jaiibcaiibmocktest... Only (ii) and (iii) d...............b .. www...bankpromotionexams.ja iib a......a ......... ………………………………………………………………………………………………………………………………………………………………… www... cheque should be returned with reason "amount in words and figure differs" d....com..... substandard assets doubtful assets and loss assets... Rangarajan b... www..... amount stated in words and figure are not same.. [email protected].. kt Bank’s Assets are classified in to standard assets.... BCSBI c... w w The Bankers Fair Practice Code in 2004 was brought by........ . 22 b.... w w w A banker is expected to honour the cheques within the specified banking hours as per Section . 2-14 days c.........jaiibcaiibmocktest..onlyforbankers....com.com. More than 14 days d.... of NI Act...... 65 Ans .. www. ca Call Money means money lent/borrowed between banks and entities like PDs for ....... Kotak Pioneer Mutual Fund c... 5 Lakhs Ans ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... 3 lakhs d.......... SBI Mutual Fund b.com..c o a........bankpromotionexams.b .com....... admin@jaiibcaiibmocktest..... iib a.1881 a........com..com....... 1 LaKh b.. www.a ..... 31 d......c ... 1 day b......com... iib m oc a...ja Ans ......www. 25 c...com murugan0501@gmail...onlyforbankers.bankpromotionexams.....................com..... admin@jaiibcaiibmocktest............ Unit Trust of India d. www. 2 Lakhs c...... 09994452442 6 ...............jaiibcaiibmocktest.... kt The main reason for rejection should by conveyed in writing if the loan application is upto Rs......... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which was the first Mutual Fund started in India? .. Indian Bank Mutual Fund es t Ans ........d .. ………………………………………………………………………………………………………………………………………………………………… www....... www. None of these .. . Only (i) and (ii) b........ www.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. (iii) Mutual Fund w .. iib m a....com... Only (ii) and (iii) d.. (i) A bank.. None of these es t Ans ....onlyforbankers. ca Ans ..com.. (iii) It is helpful in contracting liquidity in the system a.........com. www.... (ii) An insurance company.... (iii) It estimates the risk of cash handling.. 09994452442 7 . Only (i) and (iii) c...... [email protected] o a.......com [email protected] ....... Psychological pricing c.....bankpromotionexams...ja a..... www. www.. (i)......d ..com...... shares is not called as .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which of the following is not the pricing strategy? .. bonds. admin@jaiibcaiibmocktest. (ii) The member establishment get immediate reimbursement from the bank as per the charge slips less discount as agreed with member establishment whether the card holder has balance in his account or not. Only (i) and (ii) b....... Only (ii) and (iii) d...bankpromotionexams. Only (i) and (iii) c.onlyforbankers....... What is Repo? (i) It is a method of borrowing against certain securities for a short period..com...d .......www. Product mix pricing d. (ii) and (iii) w w Ans ...com... (i).. (ii) and (iii) oc kt What are the advantage of credit cards to the member establishments ? (i) Payment is guaranteed by the bank....... Only (i) and (ii) b......jaiibcaiibmocktest...... Geographical pricing b... iib A company which pools money from investors and invests in stocks.. (ii) The borrower undertake a commitment to purchase back the same securities after specified period at predetermined price....... Only (i) and (iii) ………………………………………………………………………………………………………………………………………………………………… www.com...jaiibcaiibmocktest.com... . Only (i) and (ii) b.a .. (ii) and (iii) .... Only (i) and (ii) b.. 09994452442 8 .... 18% c. (iii) Derivatives Markets iib ca a......com......... Only (ii) and (iii) d...... 32% d..c ...bankpromotionexams.....jaiibcaiibmocktest..............com..... Only (i) and (iii) c. Only (ii) and (iii) d.. www.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m c.d .jaiibcaiibmocktest....... (i) Fixed Income Markets... es t Interest is calculated on actual/365 days basis in respect of the following products ..... (i)......onlyforbankers......com..... a........com.............................. (ii) and (iii) FIMMDA’s general principles and procedures are applicable to ...com [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. (ii) and (iii) ... admin@jaiibcaiibmocktest. (iii) Notice Money iib m Ans .www.... 40% b.. www.. (i) GOI dated securities........ (ii) Call Money. Only (i) and (iii) c... ………………………………………………………………………………………………………………………………………………………………… www. w w w The minimum percentage of Priority Sector advances to be maintained by foreign banks in India with 20 and above branches ....... (i)...com... Only (ii) and (iii) d.ja Ans . oc kt a......a ...com............. (i). 60% Ans .bankpromotionexams.onlyforbankers............... www... admin@jaiibcaiibmocktest.. (ii) Money Markets....c o Ans .. www.....com.. ....c .com...... Both a and b d.com..b .b ................. Microwave Network c.com...... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Book debts can be financed by .. www.....com........... es t ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]............... All of the above Ans ... family.... Leased Lines Network d. is capable of fastest broad band transmission...... Partners of the two firms are same b.... When the address is same ................ja Ans .... print and broadcast media b...com murugan0501@gmail... When the two firms have some common factors c.jaiibcaiibmocktest. word-of-mouth influence c...a ..........onlyforbankers... ………………………………………………………………………………………………………………………………………………………………… www.c o a... kt .. display and online media Ans ......bankpromotionexams......com...... www..www...... neighbors and target buyers about particular market offering is called a.......................... When the activity is same d. w w w Way of personal communication between friends.. Factoring b..bankpromotionexams.... None of these iib m oc a.... Ans .com...onlyforbankers.com.....jaiibcaiibmocktest.. 09994452442 9 . www. ca Two firms are said to be identical when iib a. admin@jaiibcaiibmocktest... buzz marketing d. Forfeiting c.. Dial-up Network b........ www... admin@jaiibcaiibmocktest. advances Ans ....... www..... Self Employment Scheme d. Direct Agriculture b....... w w Gift cheques are cheque which can be gifts in lieu of .......com.. ....bankpromotionexams......b ...... oc iib m a...www... Self Employment Scheme d............. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m To carryout functions of Central Federal System.....com [email protected] ........... www. 12 c... Demand draft c..com.....onlyforbankers. ………………………………………………………………………………………………………………………………………………………………… www............. USA has been divided into .....jaiibcaiibmocktest. Indirect Agriculture c........... Cash b........jaiibcaiibmocktest..... 09994452442 10 ........ja iib a.a ..... Allied to indirect Agriculture w Ans ...a ..... 15 d..bankpromotionexams. www..........com.... www. ca Loans to corporates directly engaged in Agriculture and Allied Activities to an aggregate limit of 2 crore is covered under Prirority Sector as . 10 b..com........ [email protected].. Indirect Agriculture c...... a.com.c o a... 25 es t Ans ... All of the above Ans ........... Allied to indirect Agriculture kt Loan for fish rearing is covered under Prirority Sector as ..onlyforbankers. districts.... [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].. Mail transfer d.. Direct Agriculture b. advances . .... Only (ii) and (iii) d.www.c ...com.................... (i) encryption. (iii) cryptography es t . www..................com.c o a.com. 09994452442 11 .com.... storage unit b....com.. (iii) Global Market a.c ... www. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Encoding the contents of a message in such a way that hides the contents from outsider is not called as ... (ii) and (iii) Ans ...ja iib a... oc iib m a... www...... deposit accounts of senior citizens c... all the above w Ans .com. no frill accounts b...jaiibcaiibmocktest....jaiibcaiibmocktest..onlyforbankers... Only (i) and (iii) c.....com......bankpromotionexams.. [email protected]..... central processing unit c.....b .... (ii) decryption.... Only (ii) and (iii) d..... admin@jaiibcaiibmocktest... (ii) and (iii) Ans – c ………………………………………………………………………………………………………………………………………………………………… www.. (i)... Only (i) and (ii) b... output devices d. all the above kt The part of the computer that makes use of primary memory: Ans ..... (i).com.......... depository services d...com murugan0501@gmail. (ii) Local Market.. Only (i) and (iii) c... Only (i) and (ii) b..... w w Following kind/s of market exist on the basis of geofrphical area ...onlyforbankers.. (i) Retail Market.... www.. ca Which of the following products in retail banking do not fall under retail deposit products? ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... . admin@jaiibcaiibmocktest.. oc iib m a. www.... (i)..onlyforbankers.. (iii) personal communication channels a..jaiibcaiibmocktest........com..... (i) Place.. Only (i) and (ii) b.. Convenient availability d............. Customers cost b.. (ii) A composite financial service offering both bank and insurance products......onlyforbankers....... Only (i) and (iii) c. product is considered as ... (i) non personal communication channels. (i) An insurance scheme to insure bank deposits....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] . Only (ii) and (iii) d. (ii) and (iii) Ans .jaiibcaiibmocktest.......com.com.www....... (ii) non-emotional communication channels...... admin@jaiibcaiibmocktest........ Only (i) and (iii) ………………………………………………………………………………………………………………………………………………………………… www.........c o a. (i). (iii) An insurance scheme to insure bank advances ............ Communication channels such as buzz marketing and word-of-mouth influence are not classified as .....com.... Communication kt From buyers point of view......... Customer solution c. 09994452442 12 ... www.. Only (ii) and (iii) d. Only (i) and (iii) c.. iib ca Bancassurance is not .b .. www..........com..com.......com murugan0501@gmail... es t . www. Only (i) and (ii) b. (iii) Product Ans ... (ii) Price...com.ja a. credit terms can not be classified as .b .bankpromotionexams.....bankpromotionexams. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m According to marketing four Ps...... Only (i) and (ii) b....... (ii) and (iii) w w w Ans ... . www......onlyforbankers.. es t The minimum percentage of Priority Sector advances to be maintained by foreign banks in India with less than 20 branches ....c o Ans ............... Allied to indirect Agriculture Ans .......www..... 18% c..............jaiibcaiibmocktest........com murugan0501@gmail.... 40% b....c . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m c.....com.. iib m Ans . Self Employment Scheme d. www.. Direct Agriculture b..... oc kt a.......ja Ans . Indirect Agriculture c.a .... (i). 60% .... 60% The minimum percentage of Priority Sector advances to be maintained by Domestic commercial banks .......... advances a....com.com........b .............. 09994452442 13 .....jaiibcaiibmocktest.... ………………………………………………………………………………………………………………………………………………………………… www..com.bankpromotionexams.....a ...........com... (ii) and (iii) .. Only (ii) and (iii) d.........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. 32% d. admin@jaiibcaiibmocktest...... w w w Loans to corporates directly engaged in Agriculture and Allied Activities to an aggregate limit of more than 2 crore is covered under Prirority Sector as ........onlyforbankers..... [email protected]............... www..com. iib ca a... 40% b. www...... 18% c...bankpromotionexams. 32% d.com.. .. 09994452442 14 ..com. (ii) and (iii) Ans ....com...b ....jaiibcaiibmocktest... Consumers ………………………………………………………………………………………………………………………………………………………………… www.......jaiibcaiibmocktest..... Indirect Agriculture c.. Allied to indirect Agriculture Ans .. (i) The quantity of money has no effect on the prices.. advances es t ...... Public relation means building good relations with .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Bank loans to Primary Agricultural Credit Societies (PACS) is covered under Priority Sector as .com........www. admin@jaiibcaiibmocktest...... Only (ii) and (iii) d. Only (i) and (iii) c.......bankpromotionexams..... (iii) Neutral money policy implies that monetary authorities should not change supply of money in response to changes in the supply of goods w w w a......com..... www. Self Employment Scheme d.b .d .....com.. Only (i) and (ii) b........... Only (ii) and (iii) d. .. (iii) It is helpful in contracting liquidity in the system ca Ans .com.com.. (ii) It is process where lender levels against the securities with a commitment to take back the securities from the borrower against payment at a specified price.......com.bankpromotionexams.. iib m a.... (i)............ a.. [email protected] murugan0501@gmail.... (ii) When money becomes neutral price of the product will depend on productive power of the economy..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail....... Only (i) and (ii) b.... www. (ii) and (iii) oc kt What is Reverse Repo? (i) It is a method of borrowing against certain securities for a short period....... Direct Agriculture b.onlyforbankers.... www.c o a. Only (i) and (iii) c. (i)...ja iib Assumptions for neutral money are ... www.. .....a .... 2 Lakhs and above iib Ans ...bankpromotionexams. w w w a.....onlyforbankers.... continuously rising c................ Foreign Exchange reserves of India are managed by ......d ...... (i) RBI.. negative b... 10 Lakhs and above b.....www.............. stages in the buyers readiness level... 09994452442 ………………………………………………………………………………………………………………………………………………………………… ...com...onlyforbankers........com.. [email protected] murugan0501@gmail. 09994452442 15 .... www.d .........com........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] o m b. Banks are to keep a close watch on large size cash transactions (debit/credit) of amount . iib m Ans ..... Only (i) ………………………………………………………………………………………………………………………………………………………………… www. ca a..com.. Above 2 Lakhs d........... www......com........a . Six es t Ans .............com.... Five d. www. (iii) Exim Bank a... higher d....com... admin@jaiibcaiibmocktest.. Suppliers c..... Four c....... ......bankpromotionexams....ja Profits related to new product in its introductory stage are .......jaiibcaiibmocktest.. (ii) FEDAI. oc kt a. Above 10 Lakhs c.... All the above There are .jaiibcaiibmocktest... www..... Three b.. declining Ans .... Shareholders d..... ...... Only (i) and (iii) Ans ....com.... (ii) Adequate money supply............ (ii) and (iii) Ans ..... (iii) Individual Bank a.c o m b.... Only (i) and (ii) b... Only (ii) and (iii) d...... (ii) and (iii) ca Monetary and credit policy helps in ....com...com...a .... Only (i) and (iii) c.........com [email protected]. (i) Reserve Bank of India. ………………………………………………………………………………………………………………………………………………………………… www.. (iii) Expansion of Financial system iib a.. (ii) Central government in consultation with RBI.............com......com...... [email protected]........... (i).. w w w The whole time Directors are not appointed by ..... (iii) Any Fluctuation in the exchange rate has direct effect iib m Ans . (i)....... www...b .... 09994452442 16 ... admin@jaiibcaiibmocktest..... www.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… ..com.... (i)..... Only (ii) and (iii) d..... www.. Only (i) and (iii) c. Only (ii) and (iii) d.onlyforbankers.d ....... (ii) Exchange fluctuations lead to lack in confidence in a particular currency......com. Only (i) and (ii) b. www. (i) Efficient Payment Mechanism. (i) It is necessary for smooth international trade.... (ii) and (iii) ........ es t One of the objectives of monetary policy is to maintain exchange stability because .... Only (i) and (ii) b.... oc kt a.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... Only (i) and (iii) c...... Only (i) and (ii) c..jaiibcaiibmocktest.........bankpromotionexams...ja Ans .d ............ Only (ii) and (iii) d........com. iib Which of the following statement..com.. Rs.a ......c o a..... are correct? (i) Credit policy has been instrumental in the increased savings rate........ Which of the following were not created to provide long term funds for industry or agriculture...... enjoys a CC limit of Rs. 5 lac c..ja a....... es t . Only (i) and (ii) b. (ii) Monetary policy has facilitated growth of financial institutions....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... (iii) NBFCs a...00.. Rs.com..com.com...10...00......205.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Your bank’s customer XYZ Ltd. Rs.....com.........com.. Only (ii) and (iii) ………………………………………………………………………………………………………………………………………………………………… www........com murugan0501@gmail.. (i)..000... Bailee/Bailor Ans . Only (i) and (iii) c.. www..jaiibcaiibmocktest.onlyforbankers.. 25 lac ca Ans . www.... (ii) FIs. Debtor/Creditor b. Rs.... www.bankpromotionexams.... Only (ii) and (iii) d.com......... 15 lac d... admin@jaiibcaiibmocktest... Only (i) and (ii) b. (ii) and (iii) w w Ans .jaiibcaiibmocktest......onlyforbankers.. Creditor/Debtor c. admin@jaiibcaiibmocktest. Bailor/Bailee d.... www. 2 lac b...a ..bankpromotionexams... The CC account shows a credit balance of Rs. Only (i) and (iii) c.. 09994452442 17 ....com.1.. The relationship between your bank and XYZ Ltd is .. (i) Mutual funds...www.. (iii) Monetary policy has resulted in widening the gaps between rich and poor w .. oc kt Which of the following is the limit for Home loans in rural and semi-urban areas for the purpose of priority sector advances? iib m a..c .........00........ .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… Ans ........ Only (ii) c........ Only (i) and (iii) c.onlyforbankers.... LAN c...com... (i)...c .... Internet b.......com..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail........ admin@jaiibcaiibmocktest.. Many computers connected to single computer falls in the category of ....c o m d.com....... Only (i) b.........com..........bankpromotionexams.......... (i) 1/2 (ii) 2/3 (iii) 66% w w w ..... Only (i) and (iii) c..... Only (ii) and (iii) d...onlyforbankers.... (iii) RBI iib Ans .. .. (ii) State Governments...... (ii) Abroad oc Ans ...........com murugan0501@gmail... Only (ii) and (iii) d.. (i).... (i).......ja a.jaiibcaiibmocktest.........com....... Only (i) and (ii) b..com..com..... PNs are used mainly by investors based in ....... (ii) and (iii) iib m Urban Cooperative Banks are controlled by .. www.. directors or trustees of a MF should be independent.. (i) India. Either (i) or (ii) d... www..... Both (i) and (ii) .b ........... www.... 09994452442 18 . (i) NABARD... (ii) and (iii) ca a...com..... www. Only (i) and (ii) b.... kt es t a.c ....www....... a..bankpromotionexams.jaiibcaiibmocktest...b . Branch Automation ………………………………………………………………………………………………………………………………………………………………… www.. (ii) and (iii) Ans .... admin@jaiibcaiibmocktest.. ..... (ii) It connects various branches/offices of the bank situated at different places/cities.... (ii) Account number...bankpromotionexams. (i) Name of account holder. (i) It is a set up which is spread across geographical locations rather then a small complex or building.b ... (ii) and (iii) ca ATM card is a plastic card which embedded with mini chip.... All of the above .. Neither (i) nor (ii) Ans . Either (i) or (ii) d. Only (i) and (iii) c...d ...... Only (i) b.....com.....com...... www.. www............bankpromotionexams..com......... Only (i) and (ii) b..... Only (ii) and (iii) d.. www.. (iii) The computer terminals are connected to main computer called server. Only (i) and (iii) c..........onlyforbankers...www...com......... ………………………………………………………………………………………………………………………………………………………………… www................. securities are called . Only (ii) and (iii) d...com. www.. The following details of account holder are available in ATM card ...........com... (i) Mutual funds.com murugan0501@gmail..... Only (i) and (ii) b..... oc kt a........... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m d...d . (i)..... Only (ii) c.... 09994452442 19 ....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. (ii) and (iii) ...com.d ......... iib m Ans .jaiibcaiibmocktest. (iii) Validity of card iib a......onlyforbankers.........jaiibcaiibmocktest... (ii) NBFCs a.........ja Ans ....c o Ans . es t WAN (Wide Area Network) means . [email protected]. (i)... w w w The small companies/organisations that have been created exclusively to deal in govt....... admin@jaiibcaiibmocktest. ....ja iib a....com.... www..com.... oc iib m a......... (i) NABARD........ w w Urban Cooperative Banks are controlled by ..jaiibcaiibmocktest...com.onlyforbankers. (iii) RBI a.. Differentiation d......www... Market segmentation b........... admin@jaiibcaiibmocktest. buying stage d....... ………………………………………………………………………………………………………………………………………………………………… www. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Evaluation of profitability of each segment is not called as ..bankpromotionexams.................... (i)..... (i) Targeting..com.. (ii) Market segmentation.. . Only (ii) and (iii) d..........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... Only (i) and (ii) b... merger stage w Ans .. www...onlyforbankers.c o a........ Only (ii) and (iii) d.... Targeting c.com........b ....... stage in which company's investment costs mount is classified as .com. ca In PLC stages........ (ii) State Governments.. Only (i) and (iii) c...... (ii) and (iii) Ans .... Positioning kt Procedure of arranging a product to occupy distinct place in target customers mind is called ... (ii) and (iii) Ans ... Only (i) and (ii) b.com......bankpromotionexams.......com. Ans ........ www. 09994452442 20 .. (iii) Positioning es t ....... testing stage b...........jaiibcaiibmocktest...... [email protected] .... (i). www.....c .c . Only (i) and (iii) c. development stage c..com murugan0501@gmail.. .jaiibcaiibmocktest.................com.. (i) test marketing..com.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... after analysis of business next step to be taken is not .com........onlyforbankers. Only (i) b.. Only (i) and (iii) c.. All of the above w Ans .....bankpromotionexams...... Radio broadcast b. Notice Money c...com murugan0501@gmail.... GOI dated securities Ans – d ...... (ii) and (iii) Ans – c ...................b ..ja iib a. www...... Four-wire modems d.bankpromotionexams.... www.com... Call Money b.......c o a.com.. form...... kt Depositories hold securities in ..com...... 09994452442 21 .......... walkie talkie c..........jaiibcaiibmocktest. (i) Demat......com......... admin@jaiibcaiibmocktest.... www....... (ii) one channel marketing.. Only (i) and (ii) b........... Either (i) or (ii) d.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m In new product development process...... w w Interest is calculated on actual/365 days basis in respect of the following products..... (i).www. ca Example of semi-duplex mode of communication is . [email protected] ... . (iii) penetration marketing es t ...... ………………………………………………………………………………………………………………………………………………………………… www... except one : a.. Only (ii) and (iii) d..... (ii) Physical iib m oc a...onlyforbankers. www......com.......... Only (ii) c... Both (i) and (ii) Ans . Term Money d. .com......com....c . ....... Brand extension c...com...c ....... Jointly to B and Nominee D b...... ………………………………………………………………………………………………………………………………………………………………… www. on the death of A a. ca According to Companies Act....jaiibcaiibmocktest... 18 months d..c ....... B alone d.. www.. Banking Laws (applicable to Co-Operative Societies) kt Introducing RTGS and NEFT in remittance product category are example for .com..com.... New brands Ans ... D alone Ans ..... Line extension b. www.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A Co-Operative Bank operating in different States are regulated by: es t Ans . State Co-Operative Societies Act b... Jointly to B and legal heirs of A c........c o a.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] Ans ..com...... D has been named as nominee..... 15 months which can be extended upto 18 months .com... w w w A & B are maintaining an ‘E or S’ account........ maximum duration of financial year is ... admin@jaiibcaiibmocktest..................... 09994452442 22 .................. 12 months which can be extended upto 15 months c........... www.. iib m oc a.www..onlyforbankers. www........com.onlyforbankers.com murugan0501@gmail..... iib a........d .. Balance in the account will be payable to .....bankpromotionexams...jaiibcaiibmocktest....... admin@jaiibcaiibmocktest. Banking Regulation Act c..........bankpromotionexams... Multi Unit Co-Operative Societies Act d...... 12 months b. Multi brands d....... process and people b..jaiibcaiibmocktest... Can be opened for literate and illiterate Pardanashin woman b. admin@jaiibcaiibmocktest. payment and persistent d.........c .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. www......com.....c o es t a.com..... price.jaiibcaiibmocktest... Can be opened for literate Pardanashin woman only d... T+2 day d....com....... promotion.......onlyforbankers.. None of these Ans .com............... All employees c........ presentation.. iib m oc a...com.... ………………………………………………………………………………………………………………………………………………………………… www..... procurement...... All salespersons d. price.... Can’t be opened for either literate or illiterate Pardanashin woman c... process... Can be opened illiterate Pardanashin woman only m Which of the following is true in respect of opening of account in the name of Pardanashin woman? Ans . place..... T+1 day c. www.....c ...........bankpromotionexams... people.. ca Cross-selling is a basic function of ..... On trading day b.www.. physical evidence and people c.... Purchase..com... price. kt The seven P's of service marketing in the context of banking services represent ... T+3 day Ans .. Product.......bankpromotionexams.com. place........... . www...com murugan0501@gmail........ Planning Department w Ans – c ....... 09994452442 ………………………………………………………………………………………………………………………………………………………………… . All employers b..........ja iib a.. 09994452442 23 .com... Production..... admin@jaiibcaiibmocktest.. w w Funds and securities pay-in and pay-out are carried out on a. promotion......b ... www... promotion.....onlyforbankers... admin@jaiibcaiibmocktest. Ans .. Only (i) and (iii) c...........b .....a ........... ………………………………………………………………………………………………………………………………………………………………… www.com.......com.... 7 ca Customer value hierarchy has .......... Only (ii) and (iii) d.bankpromotionexams. driven due to increased competition.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The businesses became ...com....com............ www...onlyforbankers.com.. (ii) Market (iii) Money es t ...... oc iib m a....com.... admin@jaiibcaiibmocktest. Only (i) and (ii) b... w Ans . (i) Customer.....c ........... 4 b...... Diversification c....jaiibcaiibmocktest.. levels.. (ii) and (iii) Ans .... None of the above kt Idea Screening is the first stage of ..... 09994452442 24 ............com [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail..... 6 d. (i)...jaiibcaiibmocktest. New product development b... www.....www...ja a...onlyforbankers......c o a... iib ...... 5 c. www..... www..........com.a ..........com.. w w The Capital Adequacy Ratio is : a) 6% b) 8% c) 9% d) 10% Ans .bankpromotionexams................. Product modification d. .........bankpromotionexams. Policy d....bankpromotionexams.. and profits level off or decline...com....ja iib a..com.. Introduction b.d ...com.... a....... SEBI c..onlyforbankers.... .. Process..com.. kt If the company’s sales are slow down.. Method.... 09994452442 25 . . Maturity Ans ................... CCIL b.... Branch marketing d..... www.... ………………………………………………………………………………………………………………………………………………………………… www..... Decline c.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... Strategy.com murugan0501@gmail...... Direct marketing b.. All the above Ans . while as Geographic pricing is a pricing ................onlyforbankers....... Process w Ans .....c ..a .. All of the above es t Ans ........ 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The clearing house facilities for payment and delivery of securities is provided by ......... Stock Exchanges d............ www.... method c.... ca Mark-up pricing is a pricing ....... Growth d...com.com.com.. Policy...... Indirect marketing c.www. www.......... w w Home banking is an example of . [email protected] o a....... Strategy b.jaiibcaiibmocktest.jaiibcaiibmocktest.........a .com. www.. admin@jaiibcaiibmocktest.... At which stage the company has reached? iib m oc a........ .jaiibcaiibmocktest.com murugan0501@gmail..... Marketing concept c..a . 09994452442 26 ...jaiibcaiibmocktest.............com.... Purchase kt The sum value of all the values that the consumer exchanges for the benefits of having or using the product or service is called........c .... Sales concept b............ Ans .. Pricing Strategy b... Production concept es t Ans . (ii) Innovative skills........ To sell/pledge movable goods on account of partnership b. www..c o a..... oc iib m a.. www.. Only (i) and (iii) c.......com....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. Price d.www... www.com.......com....... w w Which of the following is not an implied power of a partner in a partnership firm? a... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m 'Orient your needs to your sales'.... Sale c. (i) Effective communication...com.. contract debts etc for the business of the partnership c. To borrow money...... is a .... Management concept d..............onlyforbankers..onlyforbankers.. make or accept negotiable instruments d... [email protected] iib a. (ii) and (iii) w Ans ...... To draw. www....com... Only (i) and (ii) b.com...... ..... ca A successful "Blue Ocean" requires . Only (ii) and (iii) d. admin@jaiibcaiibmocktest.. To mortgage partnership immovable property Ans – d ………………………………………………………………………………………………………………………………………………………………… www.d .com..bankpromotionexams...bankpromotionexams.... (iii) Motivation . (i). www....... (i).. Only (i) and (iii) c...... ca Ans .. 09994452442 27 ......com.. Multi brands d........com...com murugan0501@gmail. www. admin@jaiibcaiibmocktest..bankpromotionexams..com.....onlyforbankers..jaiibcaiibmocktest.. Line extension b.. Only (i) and (ii) b.. RBI Act b..com.. Only (ii) and (iii) d... 15 days from the date of submission of all the documents d.com........onlyforbankers.... New brands oc kt Introduction of additional items in an existing product category under the same brand name is called as ...... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Generation of sales lead can not be improved by.....c ..... www. (iii) engaging recovery agent es t ...jaiibcaiibmocktest... Brand extension c.. Indian Contract Act w Ans .bankpromotionexams......a .. A collecting bank gets statutory protection under: .......... w w Time limit for settlement of claims in Deceased cases a. (ii) being very talkative...www.com.... 15 days from the date of death c..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] iib a......c o a.. Banking Regulation Act c.... Negotiable Instruments Act d.. iib m a...c . 30 days from the date of death b..... (ii) and (iii) Ans .com.... admin@jaiibcaiibmocktest... (i) being passive..30 days from the date of submission of all the documents Ans – c ………………………………………………………………………………………………………………………………………………………………… www.... www... ... Only (i) b.. www....... w w Clearing house facilities are not provided by ...bankpromotionexams. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Apart from Customer needs and wants...b ..www.. ca The key challenge to market-driven strategy is ..d ... Selling maximum products b.......com.... Being rigid to changes w Ans . Only (i) and (iii) c..............com...com. Customer satisfaction d.......onlyforbankers..... Delivering superior value to customers d.... (ii) stock exchanges..... Customer demand Ans . (i) primary dealers.c o a....com.. (i)....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]. (i) identifies..com. (ii) and (iii) Ans – b ………………………………………………………………………………………………………………………………………………………………… www.. admin@jaiibcaiibmocktest. Communication c. Consumption b. admin@jaiibcaiibmocktest......... (ii) satisfies iib m oc a....bankpromotionexams... for netting of payments and securities delivery. www. kt Marketing ............ Only (ii) and (iii) d. which is the other one in 4Cs? es t ...... Only (ii) c........com....jaiibcaiibmocktest.. Employing maximum DSAs c.......... Both (i) and (ii) Ans ............onlyforbankers... Cost to the customer and Convenience..ja iib a. Either (i) or (ii) d.... www.... the customer requirements.com.. . www.com murugan0501@gmail. (iii) SEBI a.... Only (i) and (ii) b.. 09994452442 28 .c ..jaiibcaiibmocktest.... D has been named as nominee....com..com. D alone Ans ...........a ......com......com... cash deposited with cashier by customer b........ Either (i) or (ii) d...... Both (i) and (ii) Ans .com.. (ii) State iib m oc a.. Only (ii) c.. Jointly to legal heirs of A & B b.. (ii) Increase ....... admin@jaiibcaiibmocktest. keeping articles in safe custody with bank Ans – d ………………………………………………………………………………………………………………………………………………………………… www... Balance in the account will be payable to .... (i) Decrease. es t .. [email protected].. (i) Central.. www... in interest rates of banks..bankpromotionexams.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] ..com. kt RBI acts as the Banker to the ... w w Bailor-bailee relationship is applicable in: a...... Legal heirs of B alone d......com. www.com.. Only (i) b... Governments... 09994452442 29 .c o a...com [email protected]. legal heirs of A alone c..ja iib a...... www..... safe deposit locker c.onlyforbankers....... www....... Only (ii) c....d . Neither (i) nor (ii) w Ans .. demand draft issued by bank d. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A & B are maintaining an ‘E or S’ account...... Only (i) b......... Either (i) or (ii) d........ Both A & B die in an accident....... ca A decrease in the Bank Rate is likely to lead to a ..bankpromotionexams.......jaiibcaiibmocktest..... ..com......... (i)....... www..............c ..... www.ja iib a..... AAA............... oc iib m a. holder for value b............. www......... ………………………………………………………………………………………………………………………………………………………………… www......... 2003 d..com... Only (i) and (iii) c.............. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Format of cheque is defined in . 2004 Ans – c .... Only (ii) and (iii) d.onlyforbankers........com.. Only (i) and (ii) b....... DD c.. Ans – d ...com.... collecting bank and holder kt The relationship created when the bank collects a cheque in clearing is . [email protected]. www..onlyforbankers..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... admin@jaiibcaiibmocktest.... (i) NI Act.. 2001 b.... ca Corporate Bonds usually carry a rating from ............ A......com.. (ii) As per RBI guidelines (iii) As per customs & practices es t ...www....bankpromotionexams.. agent and principal d.......... a......com.com murugan0501@gmail.. 2002 c.. clearing member and principal c. .... AA. DDD w Ans ......... D b.com.... AAA..c . 09994452442 30 ..c o a..... to .. (ii) and (iii) Ans ....com..... D d.jaiibcaiibmocktest..........bankpromotionexams.... w w Interest rate futures were launched in India in year .... .....com murugan0501@gmail. www......... kt Which of the following is not true in respect of Minor? es t ......www... 09994452442 31 . You come to known through reliable source that Principal has died. Yes. Section 42 of the Banking Regulation Act c.......bankpromotionexams.......jaiibcaiibmocktest.....ja iib a.jaiibcaiibmocktest..............onlyforbankers. by affixing his Thumb Impression on form DA1 with one witness c..............b ..com.com..... www.c o a...com............................d ... Section 24 of the RBI Act d....c ..a .com.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. A minor cannot be sued for recovery of any monies lent except for meeting the necessaries of his/her life b... Section 24 of the Banking Regulation Act b.onlyforbankers............com..com................ ca A cheque drawn by a Power of Attorney holder is presented for payment.... www...... Yes.. endorse and negotiate a cheque binding all other parties except himself c.. such nomination may be under influence may not hold legal validity Ans . Return the cheque b.. If a minor misrepresents his age........bankpromotionexams. admin@jaiibcaiibmocktest.... w w Can nomination be made by an illiterate depositor? a.. by affixing his Thumb Impression on form DA1 with two witnesses d... ………………………………………………………………………………………………………………………………………………………………… www........ Pay the cheque c.... None of these w Ans ... he is liable for his contracts d.... admin@jaiibcaiibmocktest... Yes... No.. A minor can draw.. A minor cannot ratify the contracts on his attaining majority Ans . www.. by affixing his Thumb Impression on form DA1 without witness b...com..... Which of the following action you will take? ....com... Section 42 of the RBI Act iib m oc a... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m RBI notifies CRR under _________ Act Ans .. ...d .. Talwar Committee b.. Both (i) and (ii) Ans – b ………………………………………………………………………………………………………………………………………………………………… www...... (i) with court intervention (ii) after notice to borrower for recovery of its dues.c o a.... Either (i) or (ii) d..... Only (ii) c............ 1949.. [email protected]........ 09994452442 32 ..com. w Ans ..... Sole Proprietorship A/c d....bankpromotionexams.com [email protected]. www....... Individual Resident A/c b.... a. (ii) Banking Regulation Act. Only (i) b.com.....com... Sawaikar Committee Ans . Only (ii) c.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Nomination is not allowed in which of the following cases? es t Ans ... www... ...a ...jaiibcaiibmocktest.......com..... 1934..... NRIs A/c c. Jilani Committee d........com.....bankpromotionexams...... Both (i) and (ii) ca The Indian Banking System is regulated in terms of the provisions of .. . Ghosh Committee c.....d ... Accounts held in Representative Capacity kt Facility of Nomination has been introduced in Banks on recommendations of which committee? iib m oc a.. Either (i) or (ii) d...... Only (i) b...com.....ja iib a. w w Pledged goods in the possession with the bank can be sold by the bank ............. (i) Reserve Bank of India Act....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. www..onlyforbankers........onlyforbankers. admin@jaiibcaiibmocktest... www..com... . Only (ii) and (iii) d..bankpromotionexams. is at New Delhi.... Can’t be opened for either literate or illiterate Pardanashin woman c.........com...... No Common seal can be taken to a foreign country .... Either a or b d.. Managing Director of M/s XYZ Co Ltd will be visiting Paris next month in this respect.......... www............onlyforbankers. (ii) and (iii) iib m oc What is the amount of subsidy admissible to Self Help Group under SGSY scheme? (i) 50% of the project cost... Only (i) and (iii) c.com..a ..com.bankpromotionexams. To carry facsimile of the Common Seal to Paris c..com [email protected] Which of the following is true in respect of opening of account in the name of Pardanashin woman? w w w a...000 for Self Help Group. To carry original common seal to Paris b.00. 30 Days ………………………………………………………………………………………………………………………………………………………………… www....... What will you suggest him regarding Common Seal? ca a.. www.. www.. Limitation period for filling of the review application against the award given by the Banking Ombudsman is .... 09994452442 ………………………………………………………………………………………………………………………………………………………………… kt Ans .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. .jaiibcaiibmocktest..... Can be opened for literate Pardanashin woman only d..c o m Registered office of M/s XYZ Ltd Co........... Can be opened illiterate Pardanashin woman only Ans ...... iib Ans ..a ............... (i). (ii) Maximum Rs 10000 per beneficiary (iii) Maximum of Rs 2... a..... This company wants to enter into an MOU with French Company having its registered office at Paris...c ..com.. [email protected]. es t a..... 09994452442 33 . Only (i) and (ii) b. www.........onlyforbankers.... Can be opened for literate and illiterate Pardanashin woman b..www...com..com... admin@jaiibcaiibmocktest.... .. Appointed by a testator through a will b. w w w In terms of Section 293 (1) d. [email protected]...... Return the cheque as agency is terminated b.....com.onlyforbankers. Borrowing upto 200% of Paid Up capital & free reserves is permitted under Sec 293 Ans .. Yes....................... 45 days c. after obtaining consent of the shareholders in its General Meeting c.. 1956.......... Performs the duty of realizing and distributing the assets of a deceased d. 09994452442 ………………………………………………………………………………………………………………………………………………………………… ......... Yes... oc kt a.. www..jaiibcaiibmocktest.....com............. Yes.......bankpromotionexams.............. 09994452442 34 ... can Board of Directors of a Public Limited Company borrow in excess of the aggregate of the paid-up capital and its free reserves? a....com.... Which of the following action you will take? iib m Ans .. Appointed by Court in absence of a will to act through Letter of Administration c.......ja Ans ...... es t A cheque drawn by a Power of Attorney holder is presented for payment. None of these Which of the following is not true in respect of Administrators? iib ca a.........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. On death of one of the Administrators his powers are vested in surviving executors .com.com.....com...c o m b..b . admin@jaiibcaiibmocktest... www. 60 Days d.......www.b .... ………………………………………………………………………………………………………………………………………………………………… www... Pay the cheque as insolvency of agent does not terminate the agency c.... www.a .......b ... it is prohibited under Section 293 of Companies Act d........ of the Companies Act.jaiibcaiibmocktest.. after passing a resolution at a duly convened meeting of the Board b.com...... No... Pay the cheque after obtaining Principal’s confirmation d....onlyforbankers..com [email protected]. www... 90 Days Ans ... You come to known through reliable source that PA holder has been declared insolvent.. ..... www....... Both (i) and (ii) Ans ........www... www.....jaiibcaiibmocktest...com. 2. 18 months d...... Only (ii) c.....c ...... Lower of a and b w Ans . 15 months which can be extended upto 18 months Ans – d ............... www....a ....com.... [email protected] o a. Higher of a and b d.... .c ..com. www... 12 months b.onlyforbankers.bankpromotionexams.ja iib a.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...... 3 d..... admin@jaiibcaiibmocktest.. ………………………………………………………………………………………………………………………………………………………………… www...... 1.... 60% of its paid-up share capital and free reserves b.....bankpromotionexams.................. Only (i) b. w w According to Companies Act...... (i) Court..... 1956 a Limited Company can make a loan to any other body corporate and give a guarantee upto ...com. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Minimum number of directors in case of Private & Public Ltd Co. 372 A of Companies Act..... ca As per Sec..... Either (i) or (ii) d.... 12 months which can be extended upto 15 months c.com.com [email protected]... No such stipulation iib m oc a................... maximum duration of financial year? a....com............. 7 b....com.. 100% of its free reserves c...... respectively? Ans ... 09994452442 35 . (ii) IT Dept es t ...... 2.... kt Garnishee Order is issued by the .....onlyforbankers..... 5 c.... .. www........a .. ………………………………………………………………………………………………………………………………………………………………… www...... (i)....jaiibcaiibmocktest....... None of these Ans .. www.com.bankpromotionexams.....b .......... kt What are the disadvantages of not registering a partnership firm? iib m oc a... ca In which of the following locker accounts nomination is allowed? iib a.... Sec 42 of RBI act c.com..........com.... Sec 45 Z of BR act d.onlyforbankers... Both a & b d.... admin@jaiibcaiibmocktest.. Only (i) and (iii) c....com............ Only (i) and (ii) b... [email protected]. (ii) and (iii) Ans ......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... Only (ii) and (iii) d....... E or S b..... B or S c. www..... Both without survivorship ................ Creditors of firm cannot sue an unregistered firm b..d .com... Sec 24 of BR act b.........com. which of the following keys are used: (i) Private key........ Any one or Survivor d........ (iii) Master key a.. None of these es t Ans .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Nomination is defined under which Act? .......c o a...www..com [email protected] .................com.. An unregistered firm cannot sue its debtors & partners c....onlyforbankers...bankpromotionexams. w w w To authenticate a Digital signature....ja Ans ..com...... (ii) Public key.... 09994452442 36 ... www... .............. www............ all the above Ans .. Only (i) and (iii) c......c o a.com....jaiibcaiibmocktest...onlyforbankers...bankpromotionexams...... admin@jaiibcaiibmocktest... 09994452442 37 .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Minimum and maximum number of share holders in a public limited company? .. (iii) Retina iib a... Saraf Committee c. 50 es t Ans ....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. d....www. admin@jaiibcaiibmocktest.. Rangarajan Committee b. (ii) and (iii) ... 10......com. 7......c .... www. 7.... kt Which of the following are the norms of awarding compensation by the banking ombudsman ? iib m oc a..com.........com... (i). 2. ………………………………………………………………………………………………………………………………………………………………… www..d ... no limit d.. the maximum limit of compensation is Rs...onlyforbankers............ 50 c... Shere Committee d.com.. www. 50 b.ja Ans – b ...com....jaiibcaiibmocktest.....com.. Only (ii) and (iii) d........ banking ombudsman does not have unlimited powers to allow compensation... b........ Only (i) and (ii) b. Narasimham Committee Ans ......... ca Which of the following is the biological aspect of a computer? (i) Finger.........com [email protected] .......... www.....bankpromotionexams...... 10 lac c........... (ii) Hand... w w w The first committee that gave its recommendations relating to mechanization of banking system: a. no compensation will be awarded in excess of that which is necessary. ............ www.bankpromotionexams....c o a.... ... Yes.. Yearly ..c .......com..c ................ 10 b... www...bankpromotionexams. iib a.... NABARD c.com....... Daily b....... Half Yearly d. Monthly c........ 100 d.......onlyforbankers..jaiibcaiibmocktest. CCIL d..com [email protected]. admin@jaiibcaiibmocktest... w w w Can nomination be made in a singly operated SB Account of a Minor above age of 10 years? a....c . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m CBLO is operated by ..... Ans .............. es t . DA1 form to be signed by the person who is lawfully entitled to act on behalf of the minor d..c ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...... Yes... ………………………………………………………………………………………………………………………………………………………………… www.com.... kt Government Securities are issued at par value of Rs......... ca Government Securities pa interest at coupon rate on a .... 50 c..com..... 1000 Ans .......com.onlyforbankers....... Contract with a Minor is void ab initio b....jaiibcaiibmocktest.... DA1 form to be signed by the Minor himself c......... RBI b. 09994452442 38 .......com..... [email protected].... www......www................. www...ja Ans .... basis.. Either b or c Ans ........ GOI iib m oc a. No. 10 lac d..... reserve bank of India.com. ………………………………………………………………………………………………………………………………………………………………… www..... freely permitted c..... Jointly to B and Nominee D b....... Rs.. 1 lac b. Jointly to B and legal heirs of A c..onlyforbankers...a ..... www.....com... 09994452442 39 . b. Minor cannot give a valid discharge to bank on death of the depositor b..... w w Can nomination be made in favour of a Minor? a.. Rs......www.........com......com.. Balance in the account will be payable to ________ on the death of A. www.. www... Rs..... consumer protection forum es t Ans ..... an appointee is required to be named for Minor c. 5 lac c... www...c ......bankpromotionexams....jaiibcaiibmocktest... ...jaiibcaiibmocktest.com..... ca A & B are maintaining an ‘E or S’ account....c o a.....com.. Yes..... Rs......com... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m In case of non-compliance of the award by the bank the baking ombudsman will report to......... admin@jaiibcaiibmocktest.. kt What is the maximum limit of compensation the baking ombudsman may a award? iib m oc a..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... Either b or c Ans ....onlyforbankers........ B alone d.....com...... admin@jaiibcaiibmocktest................. however.. finance ministry d.... supreme court c.... D has been named as nominee.com murugan0501@gmail.... D alone w Ans – c ..........c ... Yes...bankpromotionexams.. No such limit Ans ....ja iib a. ... No... .......... Rangarajan Committee d.... All India State Bank Association d.1995 c... HUF as a single entity d.......c o a....1995 b.. admin@jaiibcaiibmocktest. Saraf Committee kt The committee that gave its recommendation for drawing a perspective plan of computerization for the period 1990-94: Ans .......com........jaiibcaiibmocktest..com.....1995 d.7........ Shere Committee b..... ca What is ASBA in e-Invest? ..c .... each partner as individual member oc iib m a.. www. Company as a single entity b.. www.com.......................a . 14... 15.1...... w w The banking ombudsman scheme was implemented in India on ..com murugan0501@gmail.. www...onlyforbankers.....onlyforbankers.jaiibcaiibmocktest..... All Savings Bank Account Holders w Ans – b ... 1..........c ... Trust if provided in Trust Deed c.1995 Ans ..10.........com... 09994452442 40 .. ………………………………………………………………………………………………………………………………………………………………… www..... . a.........bankpromotionexams.... [email protected] iib a.... Another Firm.. All Scheduled Bank Association b.6..com. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which of the followings cannot become a Partner in a Firm? es t Ans ... Narasimham Committee c. 2.........com.............www..12...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. www......bankpromotionexams.com. Applications Supported by Blocked Amount c... .com......... 90 Ans – b ………………………………………………………………………………………………………………………………………………………………… www. Both (i) and (ii) Ans .........www...b ... a... www. Chief Manager c... days.....com.onlyforbankers.... Return the cheque as agency is terminated b.......... 09994452442 41 ... None of these ca Ans .......bankpromotionexams..b ....com..com..onlyforbankers......jaiibcaiibmocktest..jaiibcaiibmocktest.bankpromotionexams... 14 d.......... ...b ... Which of the following action you will take? iib m a..com murugan0501@gmail.. The Officer who Issues a Notice under SARFAESI Act should be at least . 7 c...c o a... Pay the cheque as Principal is alive c.. Either (i) or (ii) d..... (ii) digital signature es t .. Only (ii) c......com.... Assistant General Manager d..com......... Only (i) b.......... admin@jaiibcaiibmocktest... oc kt A cheque drawn by a Power of Attorney holder is presented for payment..... admin@jaiibcaiibmocktest.. Branch Manager b.......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... 1 b. www. www.ja iib a.. www....... w w The minimum tenor for borrowing of ICDs by PDs is ... Deputy General Manager w Ans ........ Pay the cheque after obtaining Principal’s confirmation d...com. You come to known through reliable source that PA holder has died...com.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m An electronic substitute for a manual signature that serves the similar function as a manual signature is called as (i) encrypted signature. ... w w Co-operative Banks are permitted to borrow to the extent of ............... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m CDs can't be issued to .. iib .com. 1 b.....com..........com.......d .. 09994452442 42 ....... 2 c......bankpromotionexams.. iib m oc a..... 50 c. 100 ca Fortnightly average outstanding lending of SCBs should not exceed more than ..jaiibcaiibmocktest.... w Ans .. admin@jaiibcaiibmocktest..... Funds es t Ans .... if its TNW is not less than . www.www.onlyforbankers..com murugan0501@gmail.. kt A Corporate would be eligible to issue CP.....com... www.c o a..... a.. Trusts b............com... NRIs d. admin@jaiibcaiibmocktest... www. .. crore/s...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] a..... Minors c.. 75 d........ 3 d.bankpromotionexams...... 25 b...onlyforbankers........b .com.....a . 4 Ans ...com... 2 c.......... www.. % of their capital funds.com..jaiibcaiibmocktest..... 5 Ans – b ………………………………………………………………………………………………………………………………………………………………… www.. % of their aggregate deposits as at the end of March of the previous financial year in the call/notice money market....... 1 b.. 3 d.......... .onlyforbankers. directly appointed d... if the complaint is not settled within 2months from the date of receipt of the complaint....... w w Normally the day of auction for 364-day T-bill is ........com....com murugan0501@gmail.. Wednesday of reporting week c.... oc The maximum tenor of Government Securities can be upto .. 1 b. the baking ombudsman will inform parties about his intention to pass an award....www...... www.bankpromotionexams........... a...com... The secretariat staff in the baking ombudsman office will be .com. the banking ombudsman will pass an award......... www.c o a. 30 ca Ans .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. www.. drawn from reserve bank c.... admin@jaiibcaiibmocktest.. 10 c.....com....com... both the parties may submit further representation or evidences in support their case within 15 days.bankpromotionexams.. Wednesday b..d ..onlyforbankers.... d.jaiibcaiibmocktest..... None of the above Ans – b ………………………………………………………………………………………………………………………………………………………………… www. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m What are the formalities the banking ombudsman will comply before passing an award ? es t ...... years... all the above kt Ans ..... drawn from banks... b..com..... 20 d. Wednesday of non-reporting week d.jaiibcaiibmocktest....... iib m a...d ..ja iib a.............. b............d .......com.. c. www....... admin@jaiibcaiibmocktest... 09994452442 43 .. (a) and (b) w Ans .com. . (iii) Touch pad Ans . 09994452442 44 .... direct marketing b..... months.......com... www.... Home banking. w w LC which can be amended or cancelled by the opening bank is called..... Only (i) and (iii) c.Neither of the above w Ans .........com...... 6 c.. (ii) Bar code reader.com......... 12 es t Ans .www.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].... ...ja iib a... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The tenor of issue of ICDs can be upto .. [email protected] ..... www... Revolving LC Ans – c ………………………………………………………………………………………………………………………………………………………………… www......onlyforbankers....jaiibcaiibmocktest.com [email protected] ........d . admin@jaiibcaiibmocktest............ The other two are ..... a... Physical evidence and people d. 3 b..c o a. . Irrevocable LC c........bankpromotionexams.onlyforbankers.. ca Advertising and sales promotion. (ii) and (iii) kt Which of the following is a/an input device in a computer system? (i) Key board..... internet banking c....... www...... oc iib m a... www.. 9 d.....com...com.... Only (ii) and (iii) d..com.jaiibcaiibmocktest.. public relations are three of the five tools of the promotion mix. Revocable LC d.. Transferable LC b.. (i). Personal selling.... Only (i) and (ii) b.......... . Equitable Mortgage b......b ......... admin@jaiibcaiibmocktest. NABARD d.com........com.......... www.. Hypothecation c...... kt The apex institution which handles refinance for agriculture and rural development is called: iib m oc a.......... ..onlyforbankers.... SIDBI c.. Certificate of Commencement of Business d..ja iib a..onlyforbankers. Memorandum of Association c.....com.. 09994452442 45 ... 4 es t Ans ... 1 b....www.... Pledge d...... Certification of Incorporation b.d .com murugan0501@gmail... www....com.....jaiibcaiibmocktest.. Charge on Book Debts w Ans . w w Rules relating to Common Seal are contained in which of the following? a........ Articles of Association Ans ...... [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] ...c .. www..com............bankpromotionexams.................. types.c o a... ca Which of the following charge over assets of the company is not required to be registered with Registrar of Companies? .......com............. 2 c. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Product strategies are of ....... SEBI Ans ...com...... RBI b......jaiibcaiibmocktest.. ………………………………………………………………………………………………………………………………………………………………… www..com. 3 d.. www.......bankpromotionexams.... ...............com.. www........ ca The tenor of issue of CPs can be upto . 6 c...com...........com. Ans . admin@jaiibcaiibmocktest........ w w w Minimum amount of a CD should be .... www.. months.. evidences produced by the parties........ 09994452442 46 .....jaiibcaiibmocktest.bankpromotionexams.. 1 b....onlyforbankers. 2 c... 9 d...com...............b .com murugan0501@gmail.... 12 Ans .d ....... there are ....... 5 Ans .com..onlyforbankers... a. 3 b....... 3 b..ja iib a..... www..com.. key principles for Supervisory Review.... .. all the above kt Before passing an award the banking ombudsman will be guided by.bankpromotionexams..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. 5 d............ oc iib m a........... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m As per Basel II recommendations...www.. 4 c.. 6 es t Ans ..jaiibcaiibmocktest....... lakh/s. b................. www.....a ...........com..c o a. c..... instructions and guidelines issued by RBI d.d .......com..... 3 d. banking law and practice.... . ………………………………………………………………………………………………………………………………………………………………… www... admin@jaiibcaiibmocktest.. www..com..onlyforbankers..com........com murugan0501@gmail... www. admin@jaiibcaiibmocktest.. 5000 c...c o a......www.... 7 days b... iib .............com.d ............. 09994452442 47 .. 21 d... 7000 ca Normally the amount of auction for 91-day T-bill is . Indian Contract Act b.........bankpromotionexams.......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. 4000 b........... kt How many offices the banking ombudsman have at present ? iib m oc a..... 5 b.... 15 days c......... 6000 d...jaiibcaiibmocktest...c ....... 10 c...com.............bankpromotionexams.. admin@jaiibcaiibmocktest. NI Act c..... crores w Ans ..com... w w Issue of probate of a will is governed by which act? a..onlyforbankers.................jaiibcaiibmocktest........ ………………………………………………………………………………………………………………………………………………………………… www...... 29 Ans .... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The acceptance of recommendations of the banking ombudsman should be conveyed by the bank within? es t ..... www..........com..b . 15days d. www..com...c . 30days Ans ..ja a... Indian Succession Act d.com........... Transfer of Property Act Ans .... .... .............. kt A probate issued by the District court is valid _________ es t .... Goods & Articles d..com... www.com [email protected] .. 09994452442 48 . Allonge b.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] o a.... Within the district for any amount b... Applicable to All Ans ...bankpromotionexams. Movable assets b...com......... Movable & Immovable assets iib m oc a........b ....com.........com......d ........www.......... Within the State for any amount & property not exceeding Rs 10000/......... Within the state.. www. Throughout India... Throughout India for any amount d. Within the State for any amount & property not exceeding Rs 50000/.. ………………………………………………………………………………………………………………………………………………………………… www...... Movable assets d.... w w w Succession certificate is not applicable to which of the followings except in the states of UP & MP? a.com...........jaiibcaiibmocktest. Throughout India......com.outside the State Ans ... Within the state..com....com...... Debts b.. Securities c..........c . Movable & Immovable assets c...... iib a... Codicil c. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A probate issued by a High Court is valid ____________ and is applicable to ___________ Ans .. admin@jaiibcaiibmocktest..... None ca Any addition/alteration made in the ‘Will’ by maker by an instrument is referred to as ......outside the State c... Assignment d.jaiibcaiibmocktest.. www..........bankpromotionexams...ja Ans ... www......... [email protected]. ..... oc iib m a..... ………………………………………………………………………………………………………………………………………………………………… www....... ca Which of the following is not true in respect of Garnishee order? .....com...... Future Credits attached Ans ......... legal heirs of A alone c.. www........com. Collection items / Clearing Credits realized after the receipt of the order are not attached d. D alone kt A & B are maintaining an ‘E or S’ account....com. Specific amount will be mentioned c....jaiibcaiibmocktest... Order in Joint names then deposit in single name not attached w Ans . w w Which of the following is not true in case of Revenue attachment order? a... As Provided in MoA es t Ans ....d ... admin@jaiibcaiibmocktest.. Sales Tax...onlyforbankers. www.....com.. Wealth Tax authorities b....d ..com.com. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m How many common seals a company may have? .. Accounts of deceased/insolvent not attached d........ Both A & B die in an accident........ Legal heirs of B alone d....bankpromotionexams.. Issued by I Tax. admin@jaiibcaiibmocktest. Ans ..........jaiibcaiibmocktest.....bankpromotionexams........... Issued under S 60 of the Civil Procedure Code b........ja iib a..com murugan0501@gmail.... As Provided in AoA d.......com. Attaches TDRs payable at a Future Date c.. Only One c.. D has been named as nominee...com......................... 09994452442 49 .c .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]. www.. www............. Balance in the account will be payable to .....b .. Jointly to legal heirs of A & B b............www.... Any Number b..c o a........ Mahatma Gandhi c... 100 mega bits/sec b............... iib a.... Place of launch d.. Indira Gandhi d.c .....com [email protected] ....... 2 weeks c.. [email protected]. ca Optical fibre can carry signals at ...com.onlyforbankers. admin@jaiibcaiibmocktest.. ………………………………………………………………………………………………………………………………………………………………… www. www....com...b .... Jawahar Lal Nehru b.com.....c o a... Geographical reach b.. 2 giga bits/sec d... kt NREGA (National Rural Employment Guarantee Act) is renamed after ....www...........onlyforbankers...com....... Timing of launch c... Prospect consumer groups Ans ....jaiibcaiibmocktest. 09994452442 50 ........ www................ www......com.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.............. one week b..com.. 4 weeks es t Ans ........ 5 giga bits/sec ........ iib m oc a...... w w w Which is not one of the aspects which need careful scrutiny for launching a product? a........bankpromotionexams...... 3 weeks d..b .... www...........com.... Rajeev Gandhi Ans . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m What is the time limit to accept the recommendations of baking ombudsman by a bank? .... 500 mega bits/sec c..ja Ans .........com......... .. 6 c....com... es t .. 3 b.. possible approaches... a. the eligible subsidy is .. 12 Ans ..... w w The tenor of issue of CBLO can be upto .....com.25 ca Under PMRY..d ......... iib ..........bankpromotionexams.......com.... 4 d.. admin@jaiibcaiibmocktest....... Walkie talkie c. www....com.. 10 b..... 3 c. it can adopt .. Four-wire modems d. Radio broadcast b.com..com murugan0501@gmail............ admin@jaiibcaiibmocktest. 20 d....... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m When a firm faces a situation that the expected sales and profit do not reach the desired levels.....jaiibcaiibmocktest...... 5 Ans . % of the project cost.jaiibcaiibmocktest............... 15 c... 2 b.ja a. kt Ans .............b ....www.. w Ans ........ www.onlyforbankers.............. 9 d...com.. www............ All of the above oc Example of Simplex mode of communication is ........a ........onlyforbankers.... ………………………………………………………………………………………………………………………………………………………………… www..com... 09994452442 51 .b . iib m a....c o a...... months... www.com......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]...... ..............com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]..... [email protected].......... www.....com....com murugan0501@gmail.............. 32 es t Ans .com.......... 1996 b. ………………………………………………………………………………………………………………………………………………………………… www..com..... CDs c....... 09994452442 52 ..www. 8 c........onlyforbankers. admin@jaiibcaiibmocktest. 1998 d.... 16 d.... FD issues other bank d.....com.bankpromotionexams.. .....jaiibcaiibmocktest...c ...... www..... Trustee and Beneficiary w Ans ............... 1997 c................ja iib a...onlyforbankers..........a ...c o a.bankpromotionexams. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The BBA asks ..... Mutual fund Ans ... 1999 Ans .... a.. www..c ... Banks to contribute the LIBOR for each maturity and each currency... LIC Policy b..... ca What is the relationship between the bank and RBI when the bank is handling the currency chest at its branch? .com... Agent and Principal c... w w Bank can grant loans against ...b ..... kt MIBOR was launched in year . www.... Beneficiary and Trustee b.. Bailee and Bailor d...com... 4 b.. iib m oc a.. . iib MCX-SX Third on line national stock exchange started operating? ... A customer has a saving bank account and her husband had withdrawn the money from the bank on the basis of forged cheques at various occasions but the customer did not object to it. No frills acct iib m oc a....... Jan 2013 c......jaiibcaiibmocktest.. Minor’s share in the Firm is liable for all acts of the Firm d.........onlyforbankers..com...com..com.com.. 09994452442 53 ....bankpromotionexams.....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. www........ admin@jaiibcaiibmocktest. Minor should by way of public notice.com.... www.. www... Minor cannot become a partner in a Firm but he can be admitted to the benefits of the partnership with the consent of all partners b. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which is not a retail deposit product? Ans ... Minor is not liable personally for any debts of the Firm nor his private property can be made liable c....com.c o a..com murugan0501@gmail..... admin@jaiibcaiibmocktest.. Dec 2012 b.......... After his death. credit card b.... term deposits c. senior citizen deposits d.......... Bank is liable on forged cheques ………………………………………………………………………………………………………………………………………………………………… www...d .bankpromotionexams.. she comes to bank and demands the money: a....jaiibcaiibmocktest..c ........ elect to become or not to become a partner in the Firm ca Ans . Bank would refer the matter to the court b... Feb 2013 d.....a ..www...com... www...ja a.............. April 2013 w w w Ans ......com...onlyforbankers.... kt Which of the following statement is not true? es t .. Within one month of attaining majority. com......onlyforbankers.....jaiibcaiibmocktest. 75% of the amount b. oc kt a. www....... admin@jaiibcaiibmocktest....... but Lucknow branch cannot get valid discharge as contract is with Delhi branch Ans – b ………………………………………………………………………………………………………………………………………………………………… www.. 50 d. it is not a proper demand b.com murugan0501@gmail.. www.. a.......com....jaiibcaiibmocktest.. 60 es t Ans .. Bank would get proper discharge...com............. 09994452442 ………………………………………………………………………………………………………………………………………………………………… ...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... to demand money all bank branches are considered one unit whether the cheque is normal or multi-city..com.com. demand is in order...... demands payment of a cheque at Lucknow branch of the bank and there is connectivity between these two branches .b ..com....onlyforbankers... 40 c....... as the customer is party to the forgery and did not inform the bank in time d.. w w w A customer of Delhi branch of the bank having Multi-city cheque book under the CBS.c o m c. Lucknow branch should pay. If a borrower wants to file an appeal with DRAT against the decision of DRT under DRT Act..com....... loss shall be borne in the ratio of 50:50 by the bank and the customer MCX-STOCK EX LTD consists of how many shares? iib m Ans .bankpromotionexams.... 30 b. d... 25% of the amount d.. demand is in order.. admin@jaiibcaiibmocktest.. 09994452442 54 ....... www.bankpromotionexams........ c....b ......www....ja Ans – a . The bank is negligent but not liable......... www.. 10% of the amount .............com.. how much amount it will be required to deposit: iib ca a..... 50% of the amount c. . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m In a partnership firm. Indian Companies Act d..... seller b.. 09994452442 55 .....ja iib a..bankpromotionexams... debtor d.....com.com. only one will be operative (either mandate or power of attorney) d........jaiibcaiibmocktest.bankpromotionexams.c o a.c ....... Indian Contract Act c....... a.. creditor c. buyer Ans – d ..... www..www. Indian Partnership Act b.... .......... bills discounting w Ans .com.. securitisation d..... www...a . www. of partners is mentioned in ......onlyforbankers......com....com....com..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. Mandate would remain effective along with power of attorney b. a power of attorney is executed by A in favour his wife. www..... admin@jaiibcaiibmocktest... if revoked specifically c....... the provision regarding maximum no.........com... kt The person who apply for an LC... ca A firm discounts its export receivables of up to 5 years without recourse to the exporter under which of the following arrangement: ...... a and b Ans – d ………………………………………………………………………………………………………………………………………………………………… www... Mandate would become ineffective.......com [email protected]........... w w A gives a mandate in favour of B to operate his account and later on... factoring c.com.... iib m oc a.. admin@jaiibcaiibmocktest.. forfaiting b..... Banking Regulation Act es t Ans ... In this case.. .. Garnishee order received c...bankpromotionexams.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Not negotiable crossing means . www. D has been named as nominee... [email protected] [email protected]... Refer to drawer..... Garnishee order received b.......... www.onlyforbankers...... C...jaiibcaiibmocktest...com... What memo should be appended while returning the cheque: w w w a........d .com.Payment to D will be stopped iib Ans ......com..com...com. kt Ans .. A cheque is received for payment... a and b Ans ....ja You receive a garnishee order for a current account maintained in your branch...... iib m oc A & B are maintaining an ‘E or S’ account. son of A.... www....com. Payment will be made to C c......... .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... The not negotiable cheque cannot be further negotiated. Both A & B die in an accident... www.......d ... Collection of not negotiable cheque will not get protection under NI Act d............ The collecting banker should confirm about the genuineness of holder before collection of his cheque b......... A transferee cannot get better title than a transferor and he also cannot transfer a better title than he possesses... The stage where the product is introduced to the market and the real-life reactions are known is called as.a . 09994452442 56 . What action you will take? ca a... insufficiency of funds due to garnishee order d. Idea screening ………………………………………………………………………………………………………………………………………………………………… www......com........... Payment will be made jointly to legal heirs of A & B b. produces a court order restraining the Bank from making payment from the account... admin@jaiibcaiibmocktest..onlyforbankers.com.jaiibcaiibmocktest...www..... Payment to D will be a valid discharge to Bank’s Liability d . es t .c o a.. a.... c.... .. Control .. www... www..onlyforbankers....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] o m b....... Test Marketing d......com murugan0501@gmail.. Memorandum of Association c. Planning c....b ... Concept testing Ans ...............com.... iib a.com.com.... [email protected].... all the three partners only excluding the minor.....d ..com. w w w Which of the following documents in case of a company is called Charter of the company? a..........c .ja Ans .... Resolution from Board of Directors or Shareholders b.. www. budgeting...com. all the three and the minor himself d... 09994452442 ………………………………………………………………………………………………………………………………………………………………… .com... 09994452442 57 .. admin@jaiibcaiibmocktest... es t Who among the following will sign the account opening form for opening a current account in case of a partnership firm where the firm has three partners and a minor.......... Certificate of Incorporation Ans ...... requires staffing. and securing financial and other resources needed....www.jaiibcaiibmocktest......c .... aged 17........ Analysis b.bankpromotionexams. Articles of Association d........ www........ all the three and natural guardian of the minor c.... all the three and the father of the minor b.... kt iib m Ans .. allocation of tasks and responsibilities............. ………………………………………………………………………………………………………………………………………………………………… www. Implementation d.. Commercial launch c...com.....onlyforbankers....... oc a....com........ has been admitted to the firm for benefits? ca ...jaiibcaiibmocktest..... ... maintain a current account....... Account can be operated by minor son being male member c.....www... 50 iib Ans ....... Supervisory & Regulatory b....onlyforbankers.... How will you deal with the account? es t a........... Account can be operated by any of the two sons kt Ans ..com...ja Providing banking facilities to the poor people of the society for mutual benefit of poor persons as well as banks.onlyforbankers....... www...... 25 d....... admin@jaiibcaiibmocktest.... The Karta of the HUF dies and leaves behind three family members i. iib m oc What percentage of total output of the Export Oriented Units (EOUs) producing farm products could be sold in the Domestic Tariff Area (DTA) in India without losing the benefits of duty free imports? ca a.com..com.b ....... admin@jaiibcaiibmocktest..... www.. www. Reserve Bank of India’s functions are classified into: a.com...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] o m Ravi Kumar and Sons..... Bank will stop operations in the account b......... 09994452442 58 .com [email protected]..... Narrow banking d.com.... ... w w w a....com.. Universal banking Ans .... is called . Financial literacy b.. 66 c.d .... Account would be operated by widow being guardian of eldest male member to be called Karta d..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… .... Financial inclusion c..jaiibcaiibmocktest.. www.com...... Promotional & Developmental ………………………………………………………………………………………………………………………………………………………………… www.bankpromotionexams.... an HUF..c . his wife and two minor sons...e..com.. Nil b..jaiibcaiibmocktest. .... 09994452442 59 ........... 50% of the amount c...of NI Act: iib m Ans ..... 131 If a borrower wants to file an appeal with DRAT against the decision of DRT under SARFAESI Act... 99 c....onlyforbankers.....jaiibcaiibmocktest..bankpromotionexams.......... 100 b..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. www..c o Ans .d .....com... admin@jaiibcaiibmocktest............com.onlyforbankers....com......com...... es t A bill presented by your branch is dishonoured and you want to get its noting. www. 10% of the amount ...... 85A d. All of the above .... www..... Supervision over Capital Market and Stock Exchanges is the role of. Line Extension b........... ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest. admin@jaiibcaiibmocktest...... Hindustan lever launched Surf Excel and Surf Excelmatic......... oc kt a... type of branding strategy w w w a...... www. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m c..........ja Ans ... Brand Extension c...............com......com....com murugan0501@gmail.... 25% of the amount d.....com.bankpromotionexams.. Refinance Activities d.. 75% of the amount b. New Brand d......com..b ........ This is a .....b ...... Multi-Brand Ans – a . how much amount it will be required to deposit: iib ca a.....www..... The provision regarding noting is described under section. . Public Sector Banks b. of close of the month... SEBI c... Bank is holder for value c.... It also allows the customer to withdraw the amount... www......... 30 Days ... Representative of the drawer kt A bank receives a cheque for collection from its customer. Banks has to submit CTR to FIU-India for transactions of above Rs.... [email protected] o m a......com...bankpromotionexams..... Foreign Banks d..... 15 Days d.. Bank gives credit before collection of the cheque.. RBI b.jaiibcaiibmocktest... www. 09994452442 ………………………………………………………………………………………………………………………………………………………………… ... oc a. 10 Lakhs within ....com murugan0501@gmail...... IRDA d........ 3 Days b......com.......com.. Private Sector Banks c.com..... Bank is holder b..c ...............b . AMFI es t Ans .......com..ja Ans ....b ..... 7 Days c..... the ....onlyforbankers.bankpromotionexams.. www...com..... None of these Ans – c .. w w w Which one doesn't come under the classification of scheduled banks? a...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail................ admin@jaiibcaiibmocktest.. www..... ca As per PML Act.www... iib m Ans ....... ………………………………………………………………………………………………………………………………………………………………… www. iib a... Bank becomes holder in due course d..com...jaiibcaiibmocktest... 09994452442 60 ..onlyforbankers.............. In such case..........com.... .........www.. Services c............ Decline stage c......com.....d ..com. None of the above Ans .. ca ‬Which one is not a non-fund based service? ..jaiibcaiibmocktest. secondary and shipping packaging c.. secondary.... Marketing b.. a... Bank guarantee w Ans .......jaiibcaiibmocktest....... Ans .....com. 09994452442 61 ...com..b .... None of the above es t Ans ...........com...com. inner and outer packing d.. Introduction stage b...com.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m An activity of intangible nature to satisfy the customer requirement is called as................ www.......... admin@jaiibcaiibmocktest.............. .c o a. tertiary packaging b... www...com....com murugan0501@gmail... These indicate that the product may be in ............... w w The three layers of packaging are ...........onlyforbankers.. Primary. Products d. Letter of Credit c.. profits are declining and competition is increasing..c ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. Bill discounting d....b . Growth stage d.bankpromotionexams. oc iib m a. Shipping......... Primary...onlyforbankers. ………………………………………………………………………………………………………………………………………………………………… www..bankpromotionexams. www.. www.......... Collection of bills and documents b.. None of the above kt Sales are declining.....ja iib a.. admin@jaiibcaiibmocktest...... com........ FIIs d.......d .. Introduction d.... ………………………………………………………………………………………………………………………………………………………………… www............jaiibcaiibmocktest... Decline b. Mutual Funds b.onlyforbankers. 09994452442 62 ...... ...bankpromotionexams......... www.............jaiibcaiibmocktest....c o a........ admin@jaiibcaiibmocktest.... All the above iib m oc a..................... Maturity c..com......... www. Growth ca A period of rapid market acceptance and increasing profits refers to which of the following stages of the product life cycle? w Ans ...b .. w w The small companies created exclusively to deal with Govt Securities are called.com.. Profit b. Foreigners b......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. None of these Ans .com. PIOs d..........com...... cash flow d.....com [email protected].............. [email protected].. a........ Market share c. NBFCs Ans .c ...... Non-Residents c.onlyforbankers. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The objectives of price can be ..... www.ja iib a............com..... Primary Dealers c... kt Participatory notes are not allowed to be issued to es t .d .. Ans .. www... ......... 10000 c.......... iib .... Only (ii) and (iii) d........... GOI-MOF D. 5P b...c ............ 6P c. 50000 ca The T-bill is quoted in the secondary market with the minimum tradable amount of Rs. which is used for Marketing services? .... www. Only (i) and (ii) b..... 25000 d... www......ja a.......... RBI C....www.......com....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... www....................jaiibcaiibmocktest.com.... [email protected]. [email protected] murugan0501@gmail... (ii) Credit card........... 09994452442 63 .bankpromotionexams... ………………………………………………………………………………………………………………………………………………………………… www....... oc iib m a. www. Banking ombudsman himself B...com.....com... GOI-Law ministry Ans – d ........onlyforbankers. (iii) Banker's cheque Ans ...com...jaiibcaiibmocktest..c o a... 8P es t Ans ......c ..com.......bankpromotionexams........... 100 b...a . (i). Only (i) and (iii) c....... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Instead of 4P. 7P d.. w Ans .. (ii) and (iii) kt Which of the following is the instrument of payment called Plastic Money? (i) Debit card..... w w Under the Banking Ombudsman scheme an arbitrator is separately appointed by A.onlyforbankers. com................... es t ... www. Highly safe b..a ... ca A Corporate Bond which carry a rating of AAA is considered to be . Unsecured c. LABs b..com.bankpromotionexams... w w A CP is a/an ...b . None of these kt Who can't issue CDs? Ans . real time gross settlement Ans .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A settlement system in which the processing and final payment of funds transfer instructions takes place continuously.........onlyforbankers..... None of the above w Ans .ja iib a.... credit clearing system c...... iib m oc a........com. Secured b. ………………………………………………………………………………………………………………………………………………………………… www..com............. [email protected]... None of these Ans ..... a. High probability of default c. www.. debit clearing system b......com...c ..com murugan0501@gmail.. Can't say d.................. 09994452442 64 . RRBs c...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].... Both a & b d.............com..... instrument.. admin@jaiibcaiibmocktest. www................jaiibcaiibmocktest...www.. ....onlyforbankers..d ... national clearing system d....com.... www.. Both a & b d.........bankpromotionexams.......... is called ................c o a....... ....com. (i) Issue.com... (i) Transferable......onlyforbankers.. (iii) Society for world-wide interbank financial transfers es t a.. Only (i) and (ii) b.www..com.............ja a..... (i). www...com.. admin@jaiibcaiibmocktest... Only (ii) and (iii) d....c ..b . Travellers cheques are required to be dated at the time of .jaiibcaiibmocktest.... Either (i) or (ii) d. (iii) Transferable provided transferee is a hotel....com... Named payee only d....... All of the above w w w Ans ... Only (i) and (iii) c.... departmental store or a bank ca Ans ..onlyforbankers....com.. Order c... www. Both (i) and (ii) ………………………………………………………………………………………………………………………………………………………………… www...c o m The term SWIFT do not stand for which of the following? (i) Society for world-over international financial transfers... Only (ii) and (iii) d. (i).. Only (i) and (ii) b.. . 09994452442 ………………………………………………………………………………………………………………………………………………………………… .. (ii) Not transferable.com murugan0501@gmail... iib m a........ [email protected].... Only (ii) c.. Only (i) b..jaiibcaiibmocktest........... Bearer b. Only (i) and (iii) c..b ... (ii) and (iii) oc Which is/are not correct? Travelers cheques are ............. 09994452442 65 . www. iib Travellers cheques are payable to ..com.............com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. (ii) Encashment a..bankpromotionexams.... (ii) and (iii) kt Ans ... (ii) Society for world-wide interbank financial telecommunication..bankpromotionexams........ www.... wants to undertake capital market activities.ja Monitorable Action Plan (MAP) of RBI would include ........... www..........com murugan0501@gmail.. www...d .... (i) Obtain special license from AMFI........ .. (iii) Regional Rural Bank.... (ii) Accountability of key individuals of the bank......a .......... Only (i) and (ii) b..... RBI introduced CP in ...com...jaiibcaiibmocktest. . Only (i) and (ii) b.com.. Only (ii) and (iii) d. (ii) and (iii) oc kt Ans . doesn't need to .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Ans .onlyforbankers. (ii) Register with SEBI... Only (i) and (iii) c.... www.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. (i). (i) Improvement areas identified during the current on site and off site supervisory process.....c o Which of the following are part of Public Sector Banks ? (i) State Bank of Hyderabad........ Only (ii) and (iii) d....com.... sponsored by a nationalized bank es t a.. ca a.... a..... Only (i) and (ii) b...b .. Only (ii) and (iii) d...www... Only (i) and (iii) c. (i)...... (i)... (iii) Obtain special license from FIMMDA iib Ans ..com.. admin@jaiibcaiibmocktest. (ii) and (iii) Ans .... (ii) and (iii) iib m A bank in India......... Only (i) and (iii) c......com......jaiibcaiibmocktest...............d . 1970 ………………………………………………………………………………………………………………………………………………………………… www.. www...........com....com.bankpromotionexams.....onlyforbankers...bankpromotionexams...com. admin@jaiibcaiibmocktest................... 09994452442 66 .. (ii) Central Bank of India.......... (iii) Sanction and penalties to Banks for not meeting the monitorable action plan w w w a. www.... d. within 30 days from the date of receipt of complaint. Stamped Letter of Indemnity by Surety .... www.. Balance in the account is Rs 50000/.com.... Claim format signed by claimants c.. w w w ‘A’ maintaining an SB Account dies intestate...jaiibcaiibmocktest........com murugan0501@gmail...... Death Certificate of ‘A’ b. admin@jaiibcaiibmocktest.. No nomination had been made by him....... 2000 Ans . www.......com... admin@jaiibcaiibmocktest.... Death Certificate of ‘A’ b. Balance in the account is Rs 1 lakh..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… ..ja Ans .. Which of the following is not required for settling the claim without legal representation? iib a............. No nomination had been made by him. iib m Ans .bankpromotionexams.......onlyforbankers.com.. Stamped Letter of Indemnity by claimants d... www. from one Independent respectable person Ans – d ………………………………………………………………………………………………………………………………………………………………… www.com.....onlyforbankers.com....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail..... within 3 months from he date of receipt of complaint es t What is the maximum time for settlement of a claim before passing an award by the banking ombudsman? ca ‘A’ maintaining an SB Account dies intestate..... b.. 09994452442 67 ... 1980 c...... c...c ..... oc kt a.... Affidavit (stamped.. Stamped Letter of Indemnity by claimants & Sureties d. 1990 d.....bankpromotionexams.......... Which of the following is not required for settling the claim without legal representation? a..com....c o m b..c .. Claim format signed by claimants c.....www.com....d .. within 2 months from the date of receipt complaint ...jaiibcaiibmocktest..com......... within 15 days from the date of receipt of complaint. .. . admin@jaiibcaiibmocktest... 09994452442 68 ......d . (ii) and (iii) Ans .... 15 days from the date of death c..000/.. ca Ans .com...com [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]... trustee and beneficiary b. Only (ii) and (iii) d.jaiibcaiibmocktest..b .............. www.com.com........ www... The relationship established with Ramu is of .c ........ Either (i) or (ii) d. www.......... debtor and guarantor c.. iib m a..com... 30...... Only (i) b..com.www... (ii) Limited a.bankpromotionexams... creditor and indemnifier d..... admin@jaiibcaiibmocktest.. 30 days from the date of death b...ja iib a.. creditor and debtor oc kt A credit voucher for Rs.. Only (i) and (iii) c..com... Only (i) and (ii) b....com...jaiibcaiibmocktest.. Time limit for settlement of claims in Deceased cases .com. w w Power of Attorney can be ...... 30 days from the date of submission of all the documents w Ans ..onlyforbankers....... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which of the following can be treated as part of the computer hardware: (i) Mother board (ii) Memory (iii) power supply es t ........... www....c o a. 15 days from the date of submission of all the documents d. Only (ii) c....favouring Raju was wrongly posted to Ramu by the bank....... Neither (i) nor (ii) Ans – c ………………………………………………………………………………………………………………………………………………………………… www..bankpromotionexams.. (i) Universal....... (i)...... .com.com..jaiibcaiibmocktest........ .......... 09994452442 69 ... admin@jaiibcaiibmocktest... None of these w Ans ... Powers of directors in conducting general affairs of the company d... Credit Risk d. Market Risk b...c ........ oc kt Which among the following is not mentioned in the Memorandum of Association of a company? iib m a..com.... www.com.com.. ca Ans .. w w Breakdowns in internal controls is an example for a... admin@jaiibcaiibmocktest... www..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A draft purchased is reported lost and the purchaser wants to stop the payment of the draft.. Ans ...www. b.c o a.. Bank can stop payment since covered under negotiable instrument..com [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] ... Bank would issue stop payment instructions only after two weeks from date of issue. Authorized capital c...........com... Temporary loans to central govt by RBI d... d....... Bank cannot stop payment since it is a promissory note.b ... Short term loans to Banks by RBI c.. www.. www..... c. Registered office LAF relates to..... What should the Bank do? es t ...bankpromotionexams.... Bank can ask the purchaser to suffer for negligence and bank cannot help..onlyforbankers..ja iib a..com.. Objects of the company b..... Temporary loans to state govt by RBI b.......onlyforbankers..bankpromotionexams.... All of the above Ans – b ………………………………………………………………………………………………………………………………………………………………… www.......... Operational Risk c. . Risk Management Committee b....c .... oc iib m a.. All of the above kt Treasury Operations is an example for Ans ........ None of these w Ans .... National Market c.. Only (ii) and (iii) d.......... Regional Market b.. Global Market Ans .. (ii) Partnership.a ...jaiibcaiibmocktest.... admin@jaiibcaiibmocktest.. Operational Risk c.c o a..ja iib a..com.. (iii) Sole Proprietorship es t ............ www...com... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Nomination can be done in the case of . [email protected]. (i) Individuals.....www... www...... Board of Directors c.. Only (i) and (ii) b....com.... 09994452442 70 ........... www. ………………………………………………………………………………………………………………………………………………………………… www... (ii) and (iii) Ans – b ....onlyforbankers.......................bankpromotionexams.. Only (i) and (iii) c. ca The overall responsibility of risk management is assigned to. (i)...c .....jaiibcaiibmocktest.. ...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].... w w This kind of market does not exist on the basis of Geographical Area...com.............. a...com murugan0501@gmail.. Retail Market d.onlyforbankers............bankpromotionexams...com.. Risk management Group d.com.. www. Credit Risk d.......... Market Risk b.... .... Vignesh presents the cheque on counter duly signed on the back. Bank should .... Only (i) and (iii) c... es t . admin@jaiibcaiibmocktest........... pay the cheque after inquiring with X ………………………………………………………………………………………………………………………………………………………………… www.d .. 09994452442 71 . (ii) and (iii) w w w Ans . since no contractual capacity b.. Horizontal diversification c... None of the above Ans ...........com.....com.... www. a...bankpromotionexams.... Marketing ca Ans ....www..jaiibcaiibmocktest.. what is the rate of subsidy for project cost of more than Rs....... (ii) Minimum of Rs 10000 (iii) Maximum of Rs 20.. Concentric diversification b.bankpromotionexams. oc kt A social and managerial process by which individuals and organizations obtain what they need and want through value creation refers to which one of the following concepts? iib m a.... admin@jaiibcaiibmocktest..... Selling b.... (i)..onlyforbankers............ www.c . Advertising c.... .. iib In the case of SRMS...b Minimum of Rs 12500 . products or market of the firm is called as ...000...jaiibcaiibmocktest.. www........com.. refuse......onlyforbankers..000/-? (i) 25% of the project cost. www....com murugan0501@gmail.... Only (i) and (ii) b...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] a..000 favouring Vignesh (a minor aged 12 years) or bearer...com.25....com. Barter d. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Diversification in which the new products or businesses have no relationship to the existing technology....... Conglomerate diversification d.com.com... 5....... Karan draws a cheque for Rs....c o a.....com. Only (ii) and (iii) d. . Only (i) and (iii) c........ www. (ii) Indirect oc Ans .......... the paying bank will get protection under N..... ask Vignesh to bring his parents ..... www..jaiibcaiibmocktest.......com.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m c...com..... (i)..... [email protected] A cheque drawn for Raj or order is stolen....c ....a .. hence liable c........... (ii) and (iii) iib m Attachment order is issued by .. Ans ..a .... kt a.... the paying bank is liable.com murugan0501@gmail. ………………………………………………………………………………………………………………………………………………………………… www...... w w w .....com. es t If loan given to ...com. agriculture is classified in Priority Sector. The thief made endorsement as Raj on the cheque in his favour.com....... under section 131...... 09994452442 72 ........ Only (ii) c. Both (i) and (ii) ca a..... True owner later on sent legal notice to bank..... (ii) sales tax officer... admin@jaiibcaiibmocktest. Either (i) or (ii) d..com.. pay to Vignesh without any responsibility of bank d......I........c o Ans ..bankpromotionexams... the paying bank is liable d..com...com.www... www.d .........bankpromotionexams... forgery does not give any rights to bank...... (i) Direct.... The cheque is presented in clearing and paid by bank...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. Only (i) b.onlyforbankers... What is the liability of the bank? a...jaiibcaiibmocktest..... Only (i) and (ii) b. www.........onlyforbankers.... Only (ii) and (iii) d..... (iii) public debt office iib Ans ... Act b.. under section 85.... (i) income tax officer..... www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Can Board of Directors of a Public Limited Company borrow in excess of the aggregate of the paid-up capital and its free reserves? es t .c o a. Yes, after passing a resolution at a duly convened meeting of the Board b. Yes, after obtaining consent of the shareholders in its General Meeting c. No, it is prohibited under Section 293 of Companies Act d. Yes, Borrowing upto 200% of Paid Up capital & free reserves is permitted under Sec 293 Ans – b ............................................. oc kt A Limited Company can make a loan to any other body corporate and give a guarantee upto ...... iib m a. 60% of its paid-up share capital and free reserves b. 100% of its free reserves c. Higher of a and b d. Lower of a and b ca Ans - c ............................................. Mandate is a/an ...... agreement. (i) Stamped, (ii) Unstamped .ja iib a. Only (i) b. Only (ii) c. Either (i) or (ii) d. Both (i) and (ii) w Ans - b ............................................. w w Certification Test for marketing & selling of mutual fund products is conducted by a. SEBI b. NSE or BSE c. AMFI d. RBI Ans – c ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 73 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which one of the following doesn't come under the functions of SEBI in India? .c o a. Supervision over listed companies b. Management of Payment System c. Control over Equity Market d. Regulation of Debt Market es t Ans - b ............................................. kt Which is not a criteria generally adopted for short listing the ideas generated? iib m oc a. Should build on the resources and the skills of the firm b. Should be suggested by the staffs c. Should have sufficient market potential d. Should fit into the overall strategy of the firm Ans - b ............................................. ca No-frills savings bank account, multi-city cheque book facility of savings bank account are example for ...... .ja iib a. Line extension b. Brand extension c. Multi brands d. New brands w Ans - a ............................................. w w Which one doesn't belong to Money Market? a. T. Bills b. Commercial Papers c. PSU Bonds d. Certificate of Deposits Ans - c ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 74 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Normally, the amount of advance payment made to the seller by the buyer before issue of guarantee is... es t .c o a. 5-10% b. 10-15% c. 15-20% d. 20-25% Ans - b ............................................. kt Customer keeps certain valuables with the bank for safe-keeping. Here the bank is a ...... iib m oc a. Debtor b. Creditor c. Trustee d. Lessee Ans – c ............................................. ca RBI notifies CRR under ...... Act .ja iib a. Section 24 of the Banking Regulation Act b. Section 42 of the Banking Regulation Act c. Section 24 of the RBI Act d. Section 42 of the RBI Act w Ans - d ............................................. w w The rate at which RBI lends to banks under the Liquidity Adjustment Facility (LAF) is called ...... a. Repo Rate b. Reverse Repo Rate c. Bank Rate d. Cash Reserve Ratio Ans - a ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 75 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Retail loans are generally given for the duration of .c o a. 2-7 years b. 2-5 years c. 5-7 years d. None of these es t Ans - c ............................................. kt Marketing management comprises ..... key functional aspects. iib m oc a. 3 b. 4 c. 5 d.6 Ans - b ............................................. ca Bank loans to ...... are covered under Priority Sector as Indirect advances. (i) corporates directly engaged in Agriculture and Allied Activities to an aggregate limit of more than 2 crore, (ii) Bank loans to Farmers’ Service Societies (FSS), Bank loans to Primary Agricultural Credit Societies .ja iib a. Only (i) and (ii) b. Only (i) and (iii) c. Only (ii) and (iii) d. (i), (ii) and (iii) w w w Ans - d ............................................. ATM cards are issued to a person who maintains any of following accounts with the bank ...... (i) Savings bank Accounts, (ii) Current Accounts, (iii) Term Deposits a. Only (i) and (ii) b. Only (i) and (iii) c. Only (ii) and (iii) d. (i), (ii) and (iii) Ans – a ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 76 AM to . Face Value b..c o a...com.. % of their total Net Owned Funds as at the end of March of the previous financial year in the call/notice money market. 9.......www....... Paid Up Value d.. 10... es t .jaiibcaiibmocktest.jaiibcaiibmocktest....b ................com murugan0501@gmail. iib . Dynamic Price b.. The Advance Value on LIC Policy is linked with iib m oc a.......... 275 ca PDs are permitted to borrow on an average in a reporting fortnight to the extent of .....onlyforbankers..... 9. Depending on the Age of the Policy Holder kt Ans .. www... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m All the customers are charged with a single price without any discrimination is called ......com.b ...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...... 10........com.. 5 Ans – b ………………………………………………………………………………………………………………………………………………………………… www.... 75 b. 4 b............ Variable Price Ans .... www.com.c ...com.......bankpromotionexams. 09994452442 77 .. www. w Ans ... w w The market trading timings for Government Securities are from .onlyforbankers..ja a. 4 d. PM a....... Fixed Price c..bankpromotionexams.....com...... admin@jaiibcaiibmocktest. www. Surrender Value c..................... 225 d. admin@jaiibcaiibmocktest.. Single Price d. 5 c....... 175 c...com..com. .bankpromotionexams.c .... admin@jaiibcaiibmocktest.. Cooperative Credit Structure d.......... ca The banking ombudsman receives maximum number of complaints in respect of...... 7 b............ Ans ....com murugan0501@gmail.. (ii) Safe custody............com................ www...jaiibcaiibmocktest............ a.. (ii) and (iii) The minimum tenur of issue of CPs can be ....onlyforbankers.com. ....... 30 d....jaiibcaiibmocktest.........ja iib a... iib m oc a..com...... Nationalised Banks Ans .. www.... Only (ii) and (iii) d..... admin@jaiibcaiibmocktest. co. 14 c.. ………………………………………………………………………………………………………………………………………………………………… www.... foreign bank b.......com.b .......www.... www. (i) Deposit.. NBFCs c.....a ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] bank w Ans ........ regional rural bank d.....c o a. (i)....... days... Only (i) and (ii) b.. www.... 91 kt Ans ............ Only (i) and (iii) c.......com..... w w Vaidyanathan Committee's report relates to revival of ...bankpromotionexams..d ....onlyforbankers... 09994452442 78 ...... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Section 45ZA to 45ZF relate to Nomination in . (iii) Locker accounts es t .. public sector bank c...com.. RRBs b..com.. . Only (i) b.... bank receives a cheque of Rs.bankpromotionexams. www...... honour the cheque ………………………………………………………………………………………………………………………………………………………………… www.30 p. not to pay cheque b....... the account holder himself availed payment. Either (i) or (ii) d... www...... .jaiibcaiibmocktest.... The police informed the bank not to allow withdrawals from his account..a . disclosure norms c..jaiibcaiibmocktest.... the property must be situated in ...... Mr..... return cheque with memo stating A/c holder in jail c....... attachment order will be effective after bank's right of lien over the late payment bank d....com.....com.... iib For creating Equitable Mortgage by Deposit of Title Deeds... b... a...000 favouring Ram's creditor. supervisory review es t Ans . c... Subsequently he was arrested on charge of fraud..m. www.. Ram has a bank account and credited Rs.....ja a.... At 4. Two days later... [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. www..bankpromotionexams.... payment is not in due course since paid after reasonable time.. market discipline b....... bank is protected.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The Third Pillar under BASEL II is? .. (i) Where EM is created...onlyforbankers......... income tax attachment order is received by bank..com. minimum capital requirdment d. oc kt After close of business hours by 3. Only (ii) c..com. Bank should ......com.....b .... should approach the customer to get the order changed to next day.onlyforbankers...c o a.... admin@jaiibcaiibmocktest. What would be the liability of paying bank? iib m a..com murugan0501@gmail. 5 lakh in it.. (ii) Any where in India. payment is made in due course and as payment is debitable next day..b .. ca Ans .com..com...... 09994452442 79 . 15...... Both (i) and (ii) w w w Ans ..30 hrs.www.......com.... ..........com [email protected]. ………………………………………………………………………………………………………………………………………………………………… www. www..............com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]..... oc Ans .. admin@jaiibcaiibmocktest.... ca a... 60 days d......com.. 30 days b.com...90 Days iib m .. www. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m d.......c o Ans .. 45 days c......b ...com.......jaiibcaiibmocktest. % of their total Net Owned Funds as at the end of March of the previous financial year in the call/notice money market.........com.. www..com...... % of small enterprises advances should go to micro enterprises in case of foreign banks........ja PDs are permitted to lend on an average in a reporting fortnight to the extent of .......... the buyer has to pay penalty.......80 iib Ans – c ...........bankpromotionexams..... 100 Ans .. .c ... get police orders for payment ......................... 60 d. www.a ..... 50 c..... 25 b..www... 09994452442 80 .com........... 20 b..... 75 d.bankpromotionexams. if he fails to pay the amount to the supplier within .com.. kt a.com.. w w w a..... admin@jaiibcaiibmocktest. 40 c....................jaiibcaiibmocktest. es t As per MSMED Act.... .. 3 b....jaiibcaiibmocktest... Main Frame Computers Ans .. main stages? a.............. Stand Alone Computers d...... 4 c.......d ...jaiibcaiibmocktest...bankpromotionexams. 2 Crores to 5 Crores d...5 Crores to 10 Crores iib m oc a..............com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. www.....bankpromotionexams.onlyforbankers....com.com.......ja Ans ... Mini computers b....... admin@jaiibcaiibmocktest... Neither a nor b .... iib a..com..... Less than 25 lakhs b. www... admin@jaiibcaiibmocktest..... 6 Ans .. 09994452442 81 .com [email protected] o a.. medium enterprises investment in plant and machinery is Ans ........ Performance report file (PRF) c......... 5 d....c .........c .....com....c .....onlyforbankers. ………………………………………………………………………………………………………………………………………………………………… www........... Micro-computers c... Both a and b d. 25 Lakhs to 5 Crores c... www... ca Branches send the information to head office covering branch profile containing ....... w w w The process of product development comprises of ..com.....com..www........ 09994452442 ………………………………………………………………………………………………………………………………………………………………… m In Manufacturing sector........ kt Which one doesn't fall under Multi-user Systems? es t . www......com.com........ Standing data file (SDF form) b... ............com murugan0501@gmail. ………………………………………………………………………………………………………………………………………………………………… www............. Transfer of ownership possible b......... Homogeneous d...... Ans .. Central Govt c..com......com..... www....... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m What can be a characteristic of Service Products? . Promissory notes b. oc iib m a.......... RBI b....... SEBI d.... Bills of exchange c.. Perishability es t Ans ... [email protected] . None of the above kt Diversification in which the new products appeal to the existing customers though the products are technologically unrelated to existing product lines is called as .....com.com... Concentric diversification b.....b . ...... www.....bankpromotionexams.com...d . Horizontal diversification c......onlyforbankers..onlyforbankers.. AMFI ca Trading of securities of a particular company at a stock exchange can be suspended by w Ans .......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.....jaiibcaiibmocktest..jaiibcaiibmocktest...bankpromotionexams...www....... www.ja iib a.......com.. w w Which one is not a Commonly forfaited instrument? a... None of these Ans ... www. Conglomerate diversification d...... [email protected] .....com..... Tangible c....c o a...... Drafts d....... 09994452442 82 ............. .. a. Clearing Corporation of India es t Ans . Retail Banking c.... SEBI b. iib a.. admin@jaiibcaiibmocktest........... RBI d......com.... 1987 c.................bankpromotionexams..................... Stock Exchanges c.................... Corporate Banking Ans .jaiibcaiibmocktest.. ... [email protected]. www...com...... ………………………………………………………………………………………………………………………………………………………………… www.....com [email protected].. w w w Pick the odd one.jaiibcaiibmocktest... 1983 b. 1993 d..a .. Commercial Banking b...............b .... 1997 Ans . Wholesale Banking d. Debit Card b... Charge Card d. www......com..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Clearing house facilities of securities is provided by ... Credit Card c.... Smart Card ca The purchase amount is debited to the customers a/c immediately after the transaction in .....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... www..com...ja Ans . 09994452442 83 ....www.com............. www.......c o a.d .com.com..onlyforbankers........b . kt RBI introduced the ECS-RAPID in? iib m oc a.onlyforbankers....... 2 Crores to 5 Crores d.... he has to pay compound interest to the supplier on the amount with monthly interest at .c o m As per MSMED Act.. w Ans ...com.. medium enterprises investment in equipment is a.. who will not be member of the team while selecting the Swarozgaris? iib m a........... 50 iib Under group loan (SGSY).com.bankpromotionexams. www....... five times kt Ans .. BPL Families d......d .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… ... the group is entitled to a subsidy of ............onlyforbankers... of the bank rate...c ..onlyforbankers............... www... Less than 25 lakhs b.com....www. if the buyer fails to pay the amount to the supplier within 45 days.. BDO b..ja a. [email protected]. es t a.. two times b............. w w In Service sector. % of project cost...........com..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...... four times d... [email protected]. 25 Lakhs to 5 Crores c.....bankpromotionexams.. Surpanch ca Ans .jaiibcaiibmocktest........com. www.b .. 30 c.... 09994452442 84 .. www........ . Banker c....com...... oc As per SGSY...com murugan0501@gmail. three times c. 40 d. 20 b. 5 Crores to 10 Crores Ans – c ………………………………………………………………………………………………………………………………………………………………… www......jaiibcaiibmocktest.. ............ admin@jaiibcaiibmocktest.. Only (i) b.... Either (i) or (ii) d...... www.com... Sameer reached the bank and stopped payment of cheque issued to Ranjit at 4:50 p.... (ii) debts not due........ 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Banker's lien is not applicable in case of . 09994452442 85 . Who is liable for loss? ca iib m a. Only (i) and (iii) c...... Section 10 N..ja If both duplicate and original drafts are presented in Clearing. oc kt Sameer issued a cheque at 4:30 p.com... (iii) Securities left negligently es t . (one hour after close of business hours of the bank) to Ranjit...com...... (i) Safe custody.. (ii) and (iii) Ans .. .com.......jaiibcaiibmocktest..jaiibcaiibmocktest. on the same day.....m.... Payment late for today is protected under Section 85..... admin@jaiibcaiibmocktest. Bank should pay .. d.. c. Payment after business hours is not a payment in due course hence bank is liable.....m.. Refused to accept stop payment instructions since late for today..I.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. Only (ii) c... www...com [email protected]. b.m.....a .. www.. (i). languages and documents supplied by the manufacturer of the computers is called: (i) application software...........com...... (ii) system software ………………………………………………………………………………………………………………………………………………………………… www..com. as late payment.. www.. iib Ans ...com.onlyforbankers......... (i) original and return Duplicate (ii) Pay duplicate and return Original w w w a.d . Act. Payment even though after business hours but within banking hours is protected under Section 31.www... Only (ii) and (iii) d........ Ranjit approached the bank and on request got paid the money at 4:45 p.... Both (i) and (ii) Ans . The software that consists of all the programs... Only (i) and (ii) b.c o a....b ....bankpromotionexams.com.....onlyforbankers..... .b . Banks b......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... 60% ........ www... University The minimum percentage of Priority Sector advances to be maintained by foreign banks in India iib ca a....onlyforbankers......... Allied to indirect Agriculture Ans ........jaiibcaiibmocktest.. Commercial Users c...www.. advances a.c .......com. Only (ii) c. oc kt a.b . 32% d....com.... Either (i) or (ii) d. www..bankpromotionexams... ………………………………………………………………………………………………………………………………………………………………… www.com.....com...........com. 18% c........bankpromotionexams. Only (i) b.... iib m Ans ....... 09994452442 86 ...... w w w Loan for fishering is covered under Priority Sector as ............. Indirect Agriculture c..........ja Ans ....... 40% b...com murugan0501@gmail............ Government d. [email protected] o m a....... The highest percentage of victims of computer crime are in ...... 09994452442 ………………………………………………………………………………………………………………………………………………………………… ...... Direct Agriculture b....a ..onlyforbankers..jaiibcaiibmocktest... Both (i) and (ii) es t Ans .com.. www......... [email protected]............... www. Self Employment Scheme d...... .. Gateway d.. Modem b..com........... a................... converts digital signals to analog signals for the purpose of transmitting data over telephone lines iib m oc a.......b . Drawer and Drawee c. Dealing activities b... the Mid-Office is responsible for: ..ja iib a... Loop Topology ca Which one is not a centralised control Network? w Ans . Tree Topology d..bankpromotionexams.. www...................com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]...... www... Reconciliation d.jaiibcaiibmocktest.....com....... admin@jaiibcaiibmocktest. www. admin@jaiibcaiibmocktest......... Bridge Ans . Principal and Agent Ans ............ w w Relationship of Banker with Payee of Draft is ...... kt The .. Router c...onlyforbankers............ Risk Management c.c o a. Trustee and Beneficiary b...com murugan0501@gmail..... ..com... Star Topology b. Confirmation of deals es t Ans .com....com.. Licensor and Licensee d.......com...............onlyforbankers......com...... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m As per FIMMDA’s guidelines... www... ………………………………………………………………………………………………………………………………………………………………… www........... 09994452442 87 ..b ..a .com...jaiibcaiibmocktest.a .bankpromotionexams.. Ring Topology c.... ....com murugan0501@gmail.. [email protected] o a...... iib a.... w w w What is the time period under SARFAESI Act for replying the borrower. www.. Chief Manager c... www..... Focus is on the consumer b...com........com... ………………………………………………………………………………………………………………………………………………………………… www. 30 days c. Assistant General Manager d.. Focus is on the products d..onlyforbankers........a ..... [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. markets can be grouped into ....www..onlyforbankers.......com. es t ...com... Branch Manager b.... 09994452442 88 .... Commodity Market ............bankpromotionexams...... 3 days Ans .....ja Ans ...... www.. Marketing is a broader concept than selling c.com........c ...bankpromotionexams. www.com... Cash/Spot Market d.......... Profit maximises with customer satisfaction kt Ans .......jaiibcaiibmocktest.jaiibcaiibmocktest...... 7 days d.............com..b ... Regional Market c... 60 days b.... Real Estate Market b......... ca Based on Product...... in case he raises an objection for possession of the asset: a. Deputy General Manager Ans ........c . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The Officer who Issues a Notice under SARFAESI Act should be at least Which is not correct with regard to Marketing? iib m oc a........ .. [email protected]. with which of the following ratios : es t . Bearer Draft can be issued like a cheque. www. Attestation of the signature of the payee on a separate slip of paper by bank (without striking out the word 'Order' on draft)....jaiibcaiibmocktest. c.com....... b.. (iii) Compiler ca Ans .......onlyforbankers.. internal rate of return c. IDRBT stands for .. www... www..... Only (i) and (ii) b.......com....... (ii) and (iii) oc kt Which type of the following software is not used by a person for preparation of text documents. Institution of Development and Research in Banking Technology d..d . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Repayment capacity of a company in case of term loan proposals. Institute for Development and Research in Business Technology c.com. net present value d. (i) Data processor (ii) Word processor.bankpromotionexams.. d.. debt equity ratio b...a ............ [email protected].... www..... Vikash wants a demand draft striking the word 'Order' and writing the word 'Bearer'.. is judged by the banks. Bearer Draft is unlawful under Section 31 of RBI.... 09994452442 89 ....com. Institute for Development and Research in Banking Technology b..........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] .ja iib a......com.c o a.. debt service coverage ratio Ans .. How can the bank help him? a...... Only (i) and (iii) c..www.............com murugan0501@gmail.... iib m a.. (i).. Signature of the payee should be attested on the back of draft by the issuing branch.. Only (ii) and (iii) d. Institute for Development of Rural Banking Technology w w w Ans ..... ............com.. ………………………………………………………………………………………………………………………………………………………………… www... ..... 09994452442 90 .... File Transit Protocol c.com. www.. Operation in the A/c will be stopped after exercising due diligence in verifying the fact b.... (iii) Non-Fund Business oc Ans ....onlyforbankers......... (i).com.............bankpromotionexams....bankpromotionexams.. File Translate Protocol b...d . kt es t a. Statutory auditors d......com. Only (i) and (ii) b..com [email protected] ... Balance in the A/c will be paid to the legal heirs of Mr X after obtaining affidavit & indemnity ………………………………………………………………………………………………………………………………………………………………… www..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail..... X is maintaining a Savings Bank Account with your branch..com...................... Internal inspectors c.... www. Mr...com...... (ii) Fund Business.www... File Transfer Protocol Ans .... (i) Debt and debt related finance.jaiibcaiibmocktest. Merchant bankers' activity are not related to .......com.....com...... www.. Which of the following action you will not take? a... 09994452442 ………………………………………………………………………………………………………………………………………………………………… .... www... Concurrent auditors iib m Long Form Audit Report (LFAR) is prepared and submitted by iib Ans . Only (ii) and (iii) d............. w w w .... (ii) and (iii) ca a........ Only (i) and (iii) c... admin@jaiibcaiibmocktest.... His son reports that he has become insane..c o m Ans .... The word 'FTP’ stands for .. File Typing Protocol d.....d ...c ..... RBI inspectors b..jaiibcaiibmocktest......com..............ja a.. [email protected].. ....com... www.......c o Ans ...b .....onlyforbankers. Operation in the account should be stopped from date of notice of insolvency petition itself c. kt a.b ........... Application for declaring a person insolvent can be made by his creditors only c..com. A person who cannot pay his debts of Rs 500/..... www........ None of these . if the bank has not settled the issue within a period of two months.............onlyforbankers.. b............. admin@jaiibcaiibmocktest.. www..................d ...........com... ………………………………………………………………………………………………………………………………………………………………… www..........bankpromotionexams.ja Ans .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m c.... An insolvent person cannot act as director of company d.com murugan0501@gmail... [email protected].. 09994452442 91 ....com. Operation in the account should be stopped only when the customer is adjudicated as insolvent b....... www.com.. Balance in the A/c will be paid to the Receiver appointed by a court under Mental Health Act .... the reply given by the bank to the customer was not satisfactory........... the bank has rejected the complaint of the customer c........ Operation in the account should be stopped only when the Official Receiver requests in writing d.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] more may be declared as insolvent b...... all the above Ans ......com............ d.jaiibcaiibmocktest....... An insolvent can operate his PPF A/c and a Trust A/c as trustee iib m Which of the following is true in case a notice is received by your branch that an insolvency petition has been filed against or by a customer? iib ca a...com..www...b ......bankpromotionexams. w w w Under what circumstances a complaint can be lodged with the banking ombudsman a.......jaiibcaiibmocktest.. His son will be advised to approach any court for appointment of Official Receiver d. es t Which of the following is not true in respect of Insolvency? oc Ans .. .. w w w Creator of Trust is referred as . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Official liquidator is appointed by which of the following? kt What is the tenure of banking ombudsman? es t Ans ..com......... 3 years c..... Beneficiary c.bankpromotionexams.......d ........ days...c ......c o a.............. www..........com...... Company Law Board c..... Court iib m oc a....... admin@jaiibcaiibmocktest. www... [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].......... Trustee b....... 1 years b.www. iib a.. ..... a......ja Ans ............ 09994452442 92 ...d . www....c ......... www.. Board of Directors of a Company going into liquidation b.........com.jaiibcaiibmocktest.. 14 c....... Registrar of Companies d.com. ………………………………………………………………………………………………………………………………………………………………… www......com [email protected]........ 90 ca Most common tenur of issue of ICDs is .. 30 d.. 7 b........ 5 years d. Settlor d.....com... ... no such time limit Ans ..bankpromotionexams....jaiibcaiibmocktest. Garnishee Ans ... onlyforbankers........jaiibcaiibmocktest..... iib While opening an account in the name of a Joint Hindu Family a JHF letter is obtained.www..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] . Pay the cheque if confirmed by other trustees d. He is the sole authorised signatory on behalf of the Trust..... www. Minor Coparceners d.....com... www.. www. 09994452442 93 . It is governed by two schools of Hindu law – Dayabhaga & Mitakshara b......ja a..d ......... oc kt Mr....com. All members of the family are called coparceners including mother and daughter-in-law ………………………………………………………………………………………………………………………………………………………………… www... X as a trustee of a Trust Account maintained at your branch.. It will not be signed by ........bankpromotionexams.com.... X has been declared insolvent... Which of the following is not true in respect of Joint Hindu Family? a.. Under Mitakshara.. Annually d...... Half Yearly c. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m All Trust accounts should be verified by Branch Manager at what interval? ... Pay the cheque c.c o a.. admin@jaiibcaiibmocktest..... None of these ca Ans ..... Karta b....c ........ Both a and c es t Ans ... Return the cheque b....com...jaiibcaiibmocktest..com. At the time of taking over charge b...... every son/daughter of a coparcener acquire a right in JHF by birth c.. What action you will take? iib m a..... All will sign w w w Ans .. You receive a cheque for payment drawn by Mr........com..........bankpromotionexams.... admin@jaiibcaiibmocktest...... www.......... .com... Under Dayabhaga School he/she acquires the right in JHF only after father’s death d.com murugan0501@gmail..... Adult Coparceners c..com..onlyforbankers...... .b ...... www.......... Fact that it is a common seal & name of the Company should be engraved in it in legible characters in English only c.......c .........c o Which of the following is not true in respect of Common Seal? m Ans .. w w w a...... kt es t a.....jaiibcaiibmocktest......com.com. oc Ans ..... www. 10.com.......com.... 09994452442 94 .. all the above Ans .com murugan0501@gmail...... Common Seal of the Company can only be of metal and not a rubber stamp b.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… ......com.. Subsequent Board resolution will not validate documents where Common Seal is affixed without Board of Directors Authority iib m In case the letters engraved on the Common Seal has defaced. Order of the Managing Director or Secretary iib Ans ..com..d ..... acts as an external agency to probe in to administration faults.www.............onlyforbankers...onlyforbankers......... ...com.......ja The ombudsman signifies..bankpromotionexams... admin@jaiibcaiibmocktest..................... b.. Maximum No of Partners in a banking partnership firm is ______ in terms of ______ Act a.... redress individual grievances c.......jaiibcaiibmocktest..... Referring to the provisions made in Memorandum of Association c. Referring to the provisions made in Article of Association b.. Passing a suitable resolution before using the new seal d.....d . Common Seal can be affixed only with the authority of the Board of Directors as provided in AoA d...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail........ d.. an institution established to content and prevent abuses of power by Public official........ admin@jaiibcaiibmocktest........ www..com.bankpromotionexams.... a new seal can be adopted by the Company by ............ ca a. www..... Indian Partnership Act 1932 ………………………………………………………………………………………………………………………………………………………………… www... . Hypothecation c..c o m b..... w w w Which of the following charge over assets of the company is not required to be registered with Registrar of Companies? a...jaiibcaiibmocktest.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… Ans . Indian Partnership Act 1932 c.....bankpromotionexams...com. 09994452442 95 ..c ...onlyforbankers.... 20.a .. admin@jaiibcaiibmocktest.... Charge on Book Debts Ans .com [email protected].. www................. iib ca a................. www.com................com........... Registrar of Companies of the State where Registered Office of the Company is situated c......c ......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. Both a and b d.... Neither a nor b . 20....... Pledge d... www...... ………………………………………………………………………………………………………………………………………………………………… www......www...ja Ans .... Companies Act 1956 d... Registrar of Companies of the State where Registered Office of the Company is situated c....................... Companies Act 1956 iib m Ans ..... www...jaiibcaiibmocktest.com...... oc kt a. Both a and b d............ Register of Charges maintained by a Company at the Registered Office b.a .... .. Neither a nor b Search for Corporate guarantee given in relation to any other corporate body can be made at ......com... Equitable Mortgage b...... Register of Guarantees maintained by a Company at the Registered Office b.onlyforbankers......... admin@jaiibcaiibmocktest... 10....... es t Pledge of movable assets by a company can be searched at ..com. . www... admin@jaiibcaiibmocktest. resolution of complaints against banks regarding deficiency in services b............ Co-Operative Banks c...com. all the above Ans ........01....com.onlyforbankers.............jaiibcaiibmocktest. 01.. iib m oc a...c .... 09994452442 96 ....2000 Ans . 30 days from the date of sanction b.com..com.. SCBs b. 01....01..... 30 days from the date of creation of charge d.c .......06.onlyforbankers....ja iib a. kt The role of banking ombudsman is..... PDs w Ans . it is an external agency having independent identity d.c o a................ www.www....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...................... 01.1999 b... ………………………………………………………………………………………………………………………………………………………………… www.....1999 c...............jaiibcaiibmocktest......... admin@jaiibcaiibmocktest. w w FERA was replaced by FEMA with effect from .....bankpromotionexams........com.....com... it is an external agency includes mediation persuasion and adjudication c...bankpromotionexams..d .06.. www... 01..2000 d..com murugan0501@gmail....... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A charge created on the assets of the Company is required to be registered with RoC within how many days? es t ... 60 days from the date of sanction c..... 60 days from the date of creation of charge Ans . ca Who can't participate in Call/Notice Money Market? ... www.com.. RRBs d.....d ..com...... a........ ... Speed . www......... a.com...... types of possible errors during screening of ideas.......... iib m oc a..... 3 b........ Safety c. iib a.............onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]....... Reliability b. www.com murugan0501@gmail............. w w w An audiocassette manufacturer enters into fax machines or diet products businesses is an example of ....................com.. 1 b.com.. kt There are .....com......b ....... 4 Ans . Conglomerate diversification d..d ....... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The tenor of issue of CDs can be upto ...... 09994452442 97 .......... admin@jaiibcaiibmocktest...... 2 c. www... www.ja Ans ... ………………………………………………………………………………………………………………………………………………………………… www..... . Aesthetic appeal d...bankpromotionexams.. None of the above Ans ...... 3 d.. ca One of the objective of Feature improvement are ....www.....b .com... Concentric diversification b. 9 d. months.. Horizontal diversification c.. 6 c.......... 12 es t Ans .....c o a.............c ......com....bankpromotionexams.jaiibcaiibmocktest..com. [email protected]. . admin@jaiibcaiibmocktest.... days.. 14 Ans – a ………………………………………………………………………………………………………………………………………………………………… www. www..bankpromotionexams......c o a... Pay the cheque as insolvency of agent does not terminate the agency c......com. www.com..c .. 2.jaiibcaiibmocktest.. 1. Return the cheque as agency is terminated b. 7 d.... w w The minimum maturity period of CBLO can be ... www... www... 50 es t Ans ..com.... 7 b... Minimum number of directors in case of Private & Public Ltd Co...com [email protected] iib a. 2. None of these ca Ans ........ 1 b............... 50 b... Which of the following action you will take? iib m a... 7......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... 50 c....... Pay the cheque after obtaining Principal’s confirmation d.. No such stipulation w Ans ......... [email protected].. no limit d...bankpromotionexams... 10. You come to known through reliable source that PA holder has been declared insolvent.... respectively? .............onlyforbankers.. oc kt A cheque drawn by a Power of Attorney holder is presented for payment........ a..com.com. 7.www..onlyforbankers. 3 d... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Minimum and maximum number of share holders in a public limited company? ..com... 3 c... 09994452442 98 . 2..c . 5 c.......b ...com.. ..www.. Saturday c.ja iib a...... www...... Market offering kt Ans ... Monday.bankpromotionexams.. Friday b....... admin@jaiibcaiibmocktest...... iib m a... None of the above oc The market trading days for Government Securities are from ... a.... www...jaiibcaiibmocktest.. www. Monday..... 182-day d.. 364-day w Ans . 31-day b.......a ... Monday...com......com... to .jaiibcaiibmocktest...... 91-day c........ Marketing mix d...com.com.com..............US Law b. [email protected] Law c. www.c o m A marketing manager of a large consumer foods company is studying distribution. ca Ans ...... Marketing plan b.....a .........onlyforbankers..... promotion....com murugan0501@gmail... Marketing manager is studying which one of the following concepts? es t a...c .......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. Which is not a type of T bills issued? .com.Belgian Law d.....com.. and price of the company's product.. Marketing strategy c.. Sunday d... 09994452442 99 .com.......onlyforbankers.....bankpromotionexams........Russian Law Ans – c ………………………………………………………………………………………………………………………………………………………………… www.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… ... w w SWIFT is established under .... ..... Inter-branch reconciliation b. they are called as . New Delhi b........... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m RBI acts as bankers to Central Govt.....com....com....a . Node d.... www...onlyforbankers. admin@jaiibcaiibmocktest. Mumbai c...... ………………………………………………………………………………………………………………………………………………………………… www.d .. Personnel data management w Ans .....www................... of the RBI is located at? a......... Customer Service c..........ja iib a.. (ii) Agreement ..jaiibcaiibmocktest.......... www................bankpromotionexams........bankpromotionexams... ca Which is not a common task performed by the regional office/zonal office? . iib m oc a.....com.com. kt When a stand-alone system is connected to the existing multi-user systems.. Neither (i) nor (ii) es t Ans ..onlyforbankers........... 09994452442 100 ..... w w The data processing NEFT clearing centre National Clearing Cell (NCC)... on ... Server c...c o a..com.... Only (i) b...com..........jaiibcaiibmocktest.com murugan0501@gmail... Credit monitoring d...... (i) Mandatory. Chennai Ans – b .b .. Only (ii) c....com.. Calcutta d.. Either a or c Ans ..... admin@jaiibcaiibmocktest.. Either (i) or (ii) d.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. basis.. www....... www. Workstation b.com........... com... www......www..bankpromotionexams.....com.................... 16 to 51 c... 1970 c.com....jaiibcaiibmocktest......com........ 10 Lakhs to 2 Crores c..... days......... Planning c. ca In credit cards.......c . 5 Crores to 10 Crores Ans ...jaiibcaiibmocktest..com..com... iib m oc a. w w In service sector.b ... how are we going to do? In which of the following categories these two questions fall? es t ......... 16 to 50 w Ans . 15 to 50 b.com murugan0501@gmail... the period of interest free credit ranges from ... www.......... ... Ans .. Controlling d. ………………………………………………………………………………………………………………………………………………………………… www... small enterprises investment in equipment is a.......... www. Managing Ans .......................b ... 1980 d...bankpromotionexams. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m What are we going to do? And.....com..... admin@jaiibcaiibmocktest. 09994452442 101 ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] iib a....c o a....com....onlyforbankers. www.. 15 to 51 d.............. Less than 25 lakhs b..... Researching b. 1960 b.....b ....onlyforbankers. admin@jaiibcaiibmocktest. 1990 kt CHIPS started its operation in ...... 25 Lakhs to 5 Crores d.. 4 d.ja Ans ..... Both b or c Ans .d ... kt Kissan Credit Card is normally valid for a period of .....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. www...............jaiibcaiibmocktest........ Firm is reconstituted c..............com...... Companies Act 1956 d... www.......... 20.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Farmers owning a min of ..jaiibcaiibmocktest.................com.. w w w Which of the following is true when Death/ insolvency/ Retirement or Expulsion of any partner takes place in a Partnership firm? a.. 2 b..... admin@jaiibcaiibmocktest. www......... 10........... Firm is compulsorily dissolved b...... 3 c...c o a..... www. Indian Partnership Act 1932 c..com......5 Ans .....com.com [email protected] ...... 09994452442 102 .... ………………………………………………………………………………………………………………………………………………………………… www.. years.. Continuation of the Firm depends upon the provisions made in the Partnership Deed d. iib m oc a.bankpromotionexams... Companies Act 1956 ... 8 c... 10 d. 10........com.onlyforbankers...... .......... [email protected]. 12 es t Ans .b .....bankpromotionexams.www.. 20... Indian Partnership Act 1932 b.com..d ........ 6 b.. ca Maximum No of Partners in a non-banking partnership firm is ______ in terms of ______ Act iib a... acres of irrigated lands are eligible for farm mechanisation..... ....... 6 month es t Ans .b .. When a competent court passes an order for the dissolution of the firm d. ………………………………………………………………………………………………………………………………………………………………… www............ All these cases ............com................... deficiency in cash transaction. Rs 5 lakhs Ans ...onlyforbankers.. respectively? a.....c o a. Rs 7 lakhs b.. non...... Rs 1 lakh. www.. www... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m What is the true limit for a bank to dispose customers complaints? . Rs 5 lakhs.bankpromotionexams....... all the above kt What kind of complaint can be lodged with the banking ombudsman? Ans . Rs 50 lakhs c...www...com....com.. oc iib m a..com.jaiibcaiibmocktest............... [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail....... 3 month d.....d .ja Ans .....com [email protected]... [email protected]... 1 month b.. ca A partnership firm is dissolved compulsorily in which of the following circumstances? iib a.....bankpromotionexams....jaiibcaiibmocktest....com.... Rs 1 lakh....... 2 month c..........onlyforbankers...com. When the business of the firm becomes unlawful c...... w w w Min Share capital required in case of Private & Public Ltd Co. delay in collection of cheques b....d . Rs 5 lakhs..........issue of demand drafts d...... 09994452442 103 .. www. www.. c. Rs 7 lakhs d..d ...... When all the partners are declared insolvent b.... ..... Rangarajan b.......... www....... kt Which among the following is not mentioned in the Memorandum of Association of a company? iib m oc a... Authorized capital c.onlyforbankers....bankpromotionexams....... Certificate of Commencement of Business d.www....com....com...d ..onlyforbankers... substandard....... Powers of directors in conducting general affairs of the company d.... 2.ja iib a.. Certification of Incorporation b.... 5.... w w Bank’s Assets are classified into standard..... Registered office Ans .... www..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. ca Rules relating to Common Seal are contained in which of the following? . 50 c..... Objects of the company b.. 09994452442 104 ....... 20 d... based on the recommendations of ....com... Tandon Ans – b ………………………………………………………………………………………………………………………………………………………………… www....com... www...c . Memorandum of Association c. 5.. admin@jaiibcaiibmocktest.bankpromotionexams.com.jaiibcaiibmocktest..... doubtful and loss assets. [email protected] o a..... 2. 20 es t Ans ... Narasimham c...a .... 50 b..........com murugan0501@gmail. Articles of Association w Ans .jaiibcaiibmocktest.. Committee a....... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Minimum and maximum number of share holders in a Private Limited Co? .. Ghosh d............. www.... ... Focus is on the products b. The cheque is dishonoured... .. Profit maximises with customer satisfaction d...com..... www.com... www.. Receivers d.... who endorses it to c.c ...c ..... Indian Contracts Act Ans – c ………………………………………………………………………………………………………………………………………………………………… www.. www... Negotiable Instrument Act d......jaiibcaiibmocktest..b .... A can recover from: ca Ans ......... B b....com.... D d...... Transponders c...... 09994452442 105 .....C lost the cheque which is found by D.jaiibcaiibmocktest. admin@jaiibcaiibmocktest. who endorses it in favour of A for valuable consideration by way of forging C’ signatures... www. Transmiters b... RBI Act b..onlyforbankers.com..com.. [email protected] murugan0501@gmail....... C c... Both a & c es t Ans .....ja iib a..bankpromotionexams. Which is not correct with regard to Selling? .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Satellite is fitted with transmitters and receiving antennas called .....com. iib m a...... any of the previous parties oc kt B is payee of a cheque...........com...... Marketing is a broader concept than selling c... w w Holidays are declared to the banks under a.... Banking Regulation Act c.....c o a.......bankpromotionexams...onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]. Profit maximises with increase in volume w Ans ...... com.....www.. Payment will be made jointly to legal heirs of A & B b.. Only (ii) and (iii) d... 09994452442 106 . admin@jaiibcaiibmocktest.. D has been named as nominee...... Analysis b. (iii) Supervision of the general insurance market w w w a.d ..... Only (i) and (ii) b..jaiibcaiibmocktest..... Planning c.. Payment to D will be stopped ca Ans .. www. [email protected]. requires collection of information related to understand customers. trends and changes in the environment and internal strengths and weaknesses using systematic marketing research and marketing information systems... and scientific analysis of the data.a . Payment to D will be a valid discharge to Bank’s Liability d.......... What action you will take? iib m a.... www...com..... www.com.... competitors....com. 09994452442 ………………………………………………………………………………………………………………………………………………………………… ....... Implementation d.....ja iib Which of the following functions are carried by IRDA in India? (i) Regulator of insurance companies............ Control kt Ans .. serves a legal notice thorough his advocate and objects payment to the nominee d...com murugan0501@gmail....... www.. es t a.........bankpromotionexams.onlyforbankers.......... . oc A & B are maintaining an ‘E or S’ account....com.c o m . C. Decision-making process ………………………………………………………………………………………………………………………………………………………………… www..com.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail..... Only (i) and (iii) c. (i).com..... son of A.. Both A & B die in an accident. (ii) Regulator of insurance products.... (ii) and (iii) Ans ....... CBS b....c ......onlyforbankers. a...com..... Stand-alone systems are best suited for the .. Payment will be made to C c..... ..... www..a ......... kt a... 1872... 7 years d.onlyforbankers...............www....... 10 years iib Ans ...com.........com [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... None of these ...... 3 years b. Claim can be settled only after a lapse of 7 years b... www....... Balance in his account is Rs 1 lakh.... .. www......... 09994452442 107 . Years from the date of any person being reported missing ca a..onlyforbankers. Claim can be settled after obtaining FIR... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m c................... Inter-bank funds transfer processor b.c ...com.bankpromotionexams.b ... 5 years c........ Inter-bank funds transfer protocol c........ [email protected] o Ans ....jaiibcaiibmocktest.... Which of the following is true regarding settlement of claim in this case? w w w a..com......... www...... oc Ans .... admin@jaiibcaiibmocktest.. All are true Ans . Presumption of death can be raised only after a lapse of ...................com... Claim can be settled after obtaining FIR.....com.. es t Expand IFTP .International file transfer protocol iib m As per section 108 of Indian Evidence Act...com. Customer Service d.jaiibcaiibmocktest..ja ‘A’ maintaining a SB A/c is reported missing for more than a year.. Non-traceable report issued by the police authorities & Indemnity from the claimant by AGM (Admin) of the respective region d... Inter-bank file transfer protocol d......c .com..... Non-traceable report issued by the police authorities & Indemnity from the claimant as per discretionary power of Branch Manager c..... ………………………………………………………………………………………………………………………………………………………………… www....com. .... a......d ... iib Which is a possible approach which can be adopted by a firm.....com..... iib m a.www...d .. Within one month of attaining majority. 30 Days b........ Minor’s share in the Firm is liable for all acts of the Firm d........ 60 Days d.. www..bankpromotionexams..onlyforbankers....... All the above Ans .. Identify opportunities to build or acquire businesses related to the existing businesses c.jaiibcaiibmocktest..... 45 Days c....... Registration not required oc If loan is sanctioned against pledge of stocks..com.....com..bankpromotionexams.. www. elect to become or not to become a partner in the Firm kt Ans ....... Minor should by way of public notice. admin@jaiibcaiibmocktest..... within how many days creation of charge should be filed with Registrar of companies? ca Ans ..com...... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which of the following statement is not true? es t . Intensive Growth b. Minor is not liable personally for any debts of the Firm nor his private property can be made liable c.. www... Identify opportunities for further growth within the existing businesses b....jaiibcaiibmocktest. Integrative Growth c. [email protected].. Minor cannot become a partner in a Firm but he can be admitted to the benefits of the partnership with the consent of all partners b.c o a... when it faces a situation that the expected sales and profit do not reach the desired levels? w w w ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] . Diversification Growth d. Identify opportunities to add attractive businesses..... unrelated to the existing businesses ………………………………………………………………………………………………………………………………………………………………… www.com.. 09994452442 108 ......com...............com..... Intensive Growth is defined as.com murugan0501@gmail. www........ja a...com........ ..........c ..... ...............ja Under PMRY.com. Payment to D will be a valid discharge to Bank’s Liability d..c o Ans .www.. Product Mix ………………………………………………………………………………………………………………………………………………………………… www.. 13 years c..bankpromotionexams..d .....onlyforbankers...... D has been named as nominee...b .........bankpromotionexams. son of A...com..... admin@jaiibcaiibmocktest... years is asked for..com.... a........ Payment will be made jointly to legal heirs of A & B b...... During Mortgage...... oc Ans . Payment will be made to C c............10 Lakhs Ans ....... serves a legal notice thorough his advocate and objects payment to the nominee D. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m d.onlyforbankers.. w w w a.. www. Both A & B die in an accident..... 6 Lakhs d.....com murugan0501@gmail...... 2 Lakhs b..jaiibcaiibmocktest..jaiibcaiibmocktest.. normally parent documents for ..... 20 years d....... Product strategies are based on ..... 10 years b.com.........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.......... the project cost for the industry sector is restricted to .... www... kt es t a....com......... None of the above ..30 years iib m A & B are maintaining an ‘E or S’ account... www.com..... admin@jaiibcaiibmocktest.. What action you will take? ca a... Payment to D will be stopped iib Ans . www..com..... C.... 5 Lakhs c........ 09994452442 109 ....com.a ..... .com............ [email protected]... w w w a.....onlyforbankers.ja The Master Earth Station of NICNET is installed in .... admin@jaiibcaiibmocktest. 09994452442 ………………………………………………………………………………………………………………………………………………………………… ............. cities a.com murugan0501@gmail. www.. www..... kt a.. Both a & b d.....com. New Delhi c.jaiibcaiibmocktest.. 09994452442 110 .......bankpromotionexams............ oc ca a...... Chennai Ans .. 1971 b...... Memorandum of Association b.............. None of these Ans ..com...c ............c .. Hyderabad d...... Certificate of incorporation d............... 1981 c..com...com.. es t Borrowing powers of the Board of Directors of the company can be verified by examining.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] ...com.com. 2001 iib m Ans ... Banknet was set up in .bankpromotionexams.. ...... www...jaiibcaiibmocktest.. Banknet link ..............b ...... Product Life Cycle c...www..com...... www.. 1991 d....... Mumbai b.......c o m b......... Articles of Association c. None of the above iib Ans .......... 5 ………………………………………………………………………………………………………………………………………………………………… www. ca A bank customer ABC........... ………………………………………………………………………………………………………………………………………………………………… www.www. oc a....com murugan0501@gmail........ w w w The right of set-off is..com.com.....com.c ..jaiibcaiibmocktest....... 09994452442 111 ............ Conglomerate diversification d.............com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... [email protected]. Customer’s Right b.. [email protected]. kt iib m Ans ...ja Ans ... www.........com.. Banker’s Right d..com..... 8 Ans .bankpromotionexams......d ........... Customer’s Obligation c. 7 d. Creditor/Debtor c.......com. www..... Horizontal diversification c. Banker’s Discretion Ans ....... Concentric diversification b.........onlyforbankers..bankpromotionexams.......... 09994452442 ………………………………………………………………………………………………………………………………………………………………… . The CC account shows a credit balance of Rs........ Debtor/Creditor b.a ...onlyforbankers.a ....... a.. The relationship between the bank and the customer is.. www..... Bailee/Bailor ........com......c o m b... enjoys a CC limit of Rs.. iib a. www.25000..... though the target groups of customers are entirely different is called as ....... 6 c.... Bailor/Bailee d...com... None of the above es t Diversification in which the new products have technological and/or marketing synergies with existing product lines.... on ----...... www..directors: .....com.. a Governor.... Either (i) or (ii) d.bankpromotionexams...jaiibcaiibmocktest....com......... w w w RBI acts as bankers to Central govt. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m RBI acts as bankers to State Govt.....com.bankpromotionexams..com murugan0501@gmail.... www....... Clearing Corporation of India d.c o a. SEBI b... by agreement.www.....b .... Only (ii) c. 09994452442 112 .... (i) Mandatory..5 b.......com...b ... Only (i) b... All the above kt The clearing house facilities for payment and delivery of securities is provided by: Ans -b ..... admin@jaiibcaiibmocktest... admin@jaiibcaiibmocktest... by agreement. www...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]... Stock Exchange c.. basis.onlyforbankers....com.......15 ca The Central Board of RBI comprises... mandatory Ans ....... Neither (i) nor (ii) es t Ans ................. iib a... mandatory....d ..jaiibcaiibmocktest... www... on agreement c..... by agreement b..com........ja Ans ....... (ii) Agreement . on ...... 4 deputy governors and ----. mandatory..7 c.. mandatory d......10 d.......basis and state governments on -----basis: a... oc iib m a...........com..com......... ………………………………………………………………………………………………………………………………………………………………… www... .... interest rate of Banks decrease c. a judicial machinery c. interest rate of Banks increase b.. if bank rate is reduced or increased......... www........ www... securities are called .......com.. Neither (i) nor (ii) kt The small companies/organisations that have been created exclusively to deal in govt.onlyforbankers.d .com murugan0501@gmail. iib ..ja a...c o a..com.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail......... lakh/s......com.....bankpromotionexams..... (ii) NBFCs Ans ....... legal machinery established by subordinate legislation to provide an additional but optional legal remedy b.......www...............com.... admin@jaiibcaiibmocktest. an administrative machinery Ans – a ………………………………………………………………………………………………………………………………………………………………… www..jaiibcaiibmocktest.... oc iib m a.....com.....com..bankpromotionexams......... Either (i) or (ii) d.. 5 ca Minimum amount of a CP should be . [email protected].. Only (i) b. 3 d. www....... if bank rate is increased. Only (ii) c.. w Ans .. w w Banking ombudsman is …… a.. 2 c..... if bank rate is reduced..c . www..onlyforbankers.. 1 b...... (i) Mutual funds..com........d . there is no change in the interest rate of Banks es t Ans ..... 09994452442 113 .. NGO d... if bank rate is reduced... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Normally what type of movement is seen in interest rate with change in bank rate by RBI: .. interest rate of Banks decrease d.com. .. b.... 91 Ans .. reasons for making the award.. Espionage Agents Ans ... www...com. Network of ATMs c.... loss / cost to be borne by the bank.... 09994452442 114 ..... Network of ALPMs d.............jaiibcaiibmocktest.....com murugan0501@gmail..... days.... 30 d...onlyforbankers.....d ..com............. kt An award by banking ombudsman will contain. www.. 7 b........... 14 c.jaiibcaiibmocktest. Accidental Errors d. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The minimum tenor of issue of CDs can be .. Malicious Intent b.....com.... oc iib m a.bankpromotionexams.c o a......... www........ all the above. www. es t ..ja Ans ... d. admin@jaiibcaiibmocktest........ Sabotage c....... iib a................ w w w A passive threat to computer security is . c...bankpromotionexams..... Network of Networks ....a ..........com........ ………………………………………………………………………………………………………………………………………………………………… www...... Ans ....... Network of LAN b. ca Internet is ........com. [email protected] ..... specific performance of operations..c .com.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]... a.....www. a..com...com. None of these kt In Garnishee Order. 09994452442 115 .. .......... Remittances b.. unstamped c..... admin@jaiibcaiibmocktest... www..............onlyforbankers. can be attached b....jaiibcaiibmocktest.. [email protected].... www..com.a .. None of these iib m oc a. ………………………………………………………………………………………………………………………………………………………………… www....com.... the personal account of a partner ... stamped b.. Discounting of bills c....d ...... Determining the suitable consumers c..onlyforbankers.. iib a.... www........... An opportunity to decide about launching or dropping the product b. More reliable forecast of future sales d. can be attached if ordered so by the court d...........c o a.... w w w The benefits of test marketing are .. letter ca Mandate is a .........jaiibcaiibmocktest.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which is not a function of a bank? es t Ans ..........com...bankpromotionexams.bankpromotionexams. for the debts of the firm.com... Ans ..com.com murugan0501@gmail...... www..................ja Ans ........b ................ agreement ... Conducting foreign exchange/Govt transactions d..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] .... can't be attached c... memorandum d........ Determining the better promotional strategies Ans ......... .com.... A partnership firm is dissolved compulsorily in which of the following circumstances? .. DD/BC d. www. Jugraj Lal comes to open a saving bank account with your branch.. www.bankpromotionexams.... He also has a cheque of Rs..onlyforbankers..ja iib a.www. Rs 50 lakhs c...... Rs 7 lakhs d....com murugan0501@gmail..... Duplex d........... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Mode of communication capable of only transmitting data but not receiving is ..jaiibcaiibmocktest... respectively? a.com... All these cases w Ans .. w w Min Share capital required in case of Private & Public Ltd Co.. Rs 5 lakhs.500. When the business of the firm becomes unlawful c......... Rs 7 lakhs b........ Rs 1 lakh.com.com..com. 09994452442 116 .onlyforbankers..... When all the partners are declared insolvent b. When a competent court passes an order for the dissolution of the firm d...... which he would deposit in the account when account is opened...c o a.bankpromotionexams. Simplex b. Rs 5 lakhs......d ............ Which among the following can be accepted as first deposit in the account? ca Ans . None of the above es t Ans – a .........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].. Rs 5 lakhs Ans – d ………………………………………………………………………………………………………………………………………………………………… www.... any of the above oc kt Mr... cheque c... cash only b...d .. www......... www.. Semi duplex or half duplex c... admin@jaiibcaiibmocktest. ....... Rs 1 lakh.... iib m a....jaiibcaiibmocktest..... [email protected].... ... 50 c.. www.com.. Perishability c... 20 es t Ans .com. 50 b. should be stamped within how many months of its receipt in India? a......jaiibcaiibmocktest..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. Seperability d....www....c o a..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Minimum and maximum number of share holders in a Private Limited Co? . Multi brands d............onlyforbankers...onlyforbankers...bankpromotionexams...... . Six Months Ans – c ………………………………………………………………………………………………………………………………………………………………… www. [email protected].. Two Months c.a ........... 5.. Intangibility b. www.. 09994452442 117 .........b .....com murugan0501@gmail.. Heterogeniety ca Which of the following is not the characteristics of the services? w Ans ....... 2.. Line extension b...bankpromotionexams........ 2...com. oc iib m a.... 20 d...... www... [email protected] .. Brand extension c..... Ans . Three Months d..com...com...... New brands kt Vehicle loans available to transport operators are made available with modifications to retail and agri-customers are example for ........com.com.....jaiibcaiibmocktest. www... One Month b... 5. w w A Power of Attorney PA executed abroad....ja iib a.. Firm is reconstituted c.... w w Which of the following is not the level of the product? a....bankpromotionexams................. Insolvency of customer c.. Insanity of customer d..jaiibcaiibmocktest. Continuation of the Firm depends upon the provisions made in the Partnership Deed d..... All the above w Ans .......... www..... Product line d.....bankpromotionexams...........d .......c o a. ca Banker customer relationship comes to an end on.com....com.......b . [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. Electricity Bill es t Ans .. [email protected]..... Potential product b. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which can be taken as Identity Proff under KYC? ...... Both b or c Ans – d ...c ...onlyforbankers............ ....... PAN Card c.....ja iib a.....jaiibcaiibmocktest...com murugan0501@gmail. Telephone Bill d. kt Which of the following is true when Death/ insolvency/ Retirement or Expulsion of any partner takes place in a Partnership firm? iib m oc a. www..... www.com... Expected product Ans .......... 09994452442 118 ...........onlyforbankers..................com.. ………………………………………………………………………………………………………………………………………………………………… www.com. Ration Card b. Augmented product c..com....... Firm is compulsorily dissolved b..... Death of customer b....www...... www.com.... ......... Debt Market c. admin@jaiibcaiibmocktest. Regulating Capital Market d.... None of these Ans ........onlyforbankers. ………………………………………………………………………………………………………………………………………………………………… www.com.....com.................... Registrars Ans ..c o a........ 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which is not a function of RBI? Ans .........a . kt The securities are held in electronic form by.......... 09994452442 119 ..... Mutual Funds d..c . All of the above ....................jaiibcaiibmocktest.. Lender of Last resort to banks b. www. es t .......com murugan0501@gmail...... Credit Risk d....bankpromotionexams.com... www.ja Ans ... ca Interest rate risk is an example for iib a....... www.. Bankers to Govt iib m oc a......www..bankpromotionexams. Money Market b........b .... Management of Govt Debts c... Market Risk b..com...d .... w w w Which one doesn't come under Financial Markets? a... Depositories c..jaiibcaiibmocktest......... www..................com. Operational Risk c.onlyforbankers..com....com.. Forex Market d.com. admin@jaiibcaiibmocktest. SEBI b.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail..... c ........com..ja Ans .......... years from due date..onlyforbankers.......1 c..1000 d. admin@jaiibcaiibmocktest.. New Delhi c.................www.... Hyderabad d. All denomination b....bankpromotionexams..com...... ca Limitation period for filing a suit for sale of mortgaged property is . Message switches b...c ...c o a.bankpromotionexams... kt INFINET is set up at .... . 10 years b...onlyforbankers. www.. www.... iib m oc a.... 12 years c....com murugan0501@gmail...... Chennai Ans .. www.............. All denomination except Re..com. ………………………………………………………………………………………………………………………………………………………………… www. None of these es t Ans ...com... www......... admin@jaiibcaiibmocktest.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m RBI issues notes of ......com.. Multiplexers c................. 20 years d....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...... 09994452442 120 ..b .... Mumbai b.. Transponders d....com.. All denomination except Rs....com...........jaiibcaiibmocktest......com.... Front End Processors Ans ....jaiibcaiibmocktest. 30 years .. w w w Which is not a communication processor? a............b ...... iib a. Natural Guardian b. www. iib a...... 09994452442 121 ....com.. www.......a .......com........a .. ………………………………………………………………………………………………………………………………………………………………… www....... Product Development d...... a..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].. Bus c......... None of the above Ans .... www. Any one of the above es t Ans ....com. breakdown of one station can disable the entire LAN? .bankpromotionexams..........onlyforbankers.c .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A minor account can be opened jointly with .....bankpromotionexams......jaiibcaiibmocktest....com murugan0501@gmail... Idea screening b....... suggestion scheme for staff are used during .... Authorised official as mentioned in resolution from Board of Directors c......... kt While raising a loan for the company.. Star b.......com.....c o a.. Ring d.ja Ans .. surveys for need/idea identification. who will sign the documents on behalf of the company? iib m oc a........... Concept testing Ans . w w w Various techniques like brainstorming sessions.jaiibcaiibmocktest...com... . Managing Director b.... admin@jaiibcaiibmocktest. Commercial launch c.. Grand Parents c.www...onlyforbankers..b ..com....... Executive Director d.....com.......... None of these ca In which topology................ www...... admin@jaiibcaiibmocktest....... Adult member of the family d..... . Lender and borrower d...... www.c o a.. 10 Lakhs and above b.. Planning c..jaiibcaiibmocktest.... Such relationship of the customer with the bank...................d . Implementation d..jaiibcaiibmocktest. is a complex function requiring use of both qualitative and quantitative techniques including budgetary control......com...ja iib a. kt Which of the following is not the stage of product life cycle? iib m oc a..com... None of these Ans ......... admin@jaiibcaiibmocktest. Maturity d.......www.com..... control of marketing mix.... will be of a/an: a. es t ..d .bankpromotionexams...............com...onlyforbankers. www..... w w For a loan to be raised in case of need... www.... Introduction b..com.bankpromotionexams.... a person assigns his insurance policy in favour of the bank............ and even marketing audit.com... 09994452442 122 .... Pledger and pledgee b..... Analysis b.onlyforbankers.... Above 2 Lakhs d.com.. Above 10 Lakhs c. [email protected] .... ......... Growth c... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m .... Control Ans .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail..... ca Suspicious Transactions to be submitted to FIU for amount . www. Assignor and assignee Ans – d ………………………………………………………………………………………………………………………………………………………………… www.com...com murugan0501@gmail. Any amount w Ans ..... Beneficiary and trustee c. .. Planning c....bankpromotionexams..com...com.....................d ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. Govt Departments Ans ... www... admin@jaiibcaiibmocktest....... None of these kt Which of the following is not the characteristic associated with transactions between two or more parties? Ans .....ja iib a......d ... Demand deposits b. Salaried employees c. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which of the following is not the process of Marketing Management? .. Persons from lower strata of the society b.. Trusts d...................com [email protected]. Control d...onlyforbankers.... www.. ca A garnishee order is applicable to .... All the above w Ans .................com. Agreed upon conditions b..............com..........c o a.. Time deposits subject to maturity c.d .... admin@jaiibcaiibmocktest.. Recurring Deposit d.. None of these es t Ans .....bankpromotionexams..... 09994452442 123 ..jaiibcaiibmocktest.. oc iib m a..... www..... ………………………………………………………………………………………………………………………………………………………………… www.......onlyforbankers....com. Time of agreement c.jaiibcaiibmocktest.com.. w w Who doesn't comes under low risk category under KYC guidelines? a....c .com............ Analysis b.. www... A place of agreement d. jaiibcaiibmocktest.... www............com....com..onlyforbankers....bankpromotionexams............. ca Pricing is significant for firms because .. Which of the following is not amongst four pillars? es t .com.jaiibcaiibmocktest.com murugan0501@gmail...... www.. Segregated Marketing d....d ..c ...onlyforbankers..... oc iib m a. admin@jaiibcaiibmocktest... RBI Act b... a........ PUPPIES d....d .. It determines revenues generated by the firms b....... It determines profits earned by the firms c..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. Indian Contract Act Ans .. It affects the level of funds available for other element of marketing mix d....c o a.. www........ SKIPPIES b..........com..com..... admin@jaiibcaiibmocktest.... All of the above w Ans .. Banking Regulation Act c........ja iib a....... Target Market b......... w w A collecting bank gets statutory protection under.............. www.. Customer needs c.......com... Profitability Ans .com...... ………………………………………………………………………………………………………………………………………………………………… www......... Negotiable Instruments Act d. All of the above kt Which of the following represent the acronyms of age groups? Ans . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Marketing concept is rested on four main pillars....com.. DINKS c..www............c ...bankpromotionexams...... 09994452442 124 . ....com murugan0501@gmail..... 7 Days c............c o m B is payee of a cheque. as the customer is party to the forgery and did not inform the bank in time d.................. who endorses it in favour of A for valuable consideration by way of forging C’ signatures.. www..com.onlyforbankers.....www. of arriving at conclusion....... ca iib m a.....com.c ..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… .........onlyforbankers..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. who endorses it to c.... The bank is negligent but not liable.com... www.... Bank would refer the matter to the court b.. 09994452442 125 .....com.... B b...... 15 Days d...bankpromotionexams. D d..com.... es t a. admin@jaiibcaiibmocktest. www. Suspicious Transactions to be submitted to FIU within ... Except one of the following others are Non Fund based facilities: a) Letters of Credit b) Bank Guarantees c) Co-acceptance of Bills ………………………………………………………………………………………………………………………………………………………………… www.......bankpromotionexams.. 30 Days Ans .... she comes to bank and demands the money.. After his death..... any of the previous parties kt Ans ....com. oc A customer has a SB account and her husband had withdrawn the money from the bank on the basis of forged cheques at various occasions but the customer did not object to it. Bank is liable on forged cheques c.. C lost the cheque which is found by D.. 3 Days b...ja a. [email protected]... C c.jaiibcaiibmocktest........b .... The cheque is dishonoured. w w w ...b ......com.. www... A can recover from . Loss shall be borne in the ratio of 50:50 by the bank and the customer iib Ans .. ......com......... www.........c ......... Credit Card b.... Four-wire modems d..c .... Price exist in different forms for products of different nature b......d . Which one doesn't come under plastic money? a.. www..d .....bankpromotionexams..com........com. [email protected].... Dove iib Ans ......onlyforbankers...com.... None of these iib m Which of the following cannot part of a product line? ca a............ www... Radio broadcast b....... Charge Card c. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m d) Trust Receipt .. kt es t a. [email protected] o Ans .... walkie talkie c....ja a.com......com. Debit Card ………………………………………………………………………………………………………………………………………………………………… www....bankpromotionexams...... Price is the only element that produces revenues d...... Lux c......... www..... Rin d..www. Which of the following statement is not correct? oc Ans .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]. Example of Duplex mode of communication is ..com murugan0501@gmail. w w w ......... All of the above Ans ..com... 09994452442 126 . Price affects the consumer behaviour in deciding about acquiring the product c........onlyforbankers..... Liril b................ ....com.. To carry facsimile of the Common Seal to Chennai c...com..com...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. 10000 ......a . it is not binding on the complaints unless be accepts it c.. Managing Director of M/s XYZ Co Ltd will be visiting Chennai next month in this respect.... Either a or b d...... None of these iib m The features of the award awarded by banking ombudsman are..com..........b ....... the complaint is free to seed alternative remedies available under general law d......com murugan0501@gmail............ 09994452442 127 .............. oc Ans .. This company wants to enter into an MOU with a Chennai based Company. ca a....com.www.bankpromotionexams. Neither a nor b Ans ... it is binding on the banks b. 100 c...jaiibcaiibmocktest... ………………………………………………………………………………………………………………………………………………………………… www...... is at New Delhi. kt es t a....com....d ....... www.... Using an existing brand name to launch new or modified products in a new category is called as .... [email protected].... www..c o m d.... www..ja Registered office of M/s XYZ Ltd Co................. What will you suggest him regarding Common Seal? w w w a......d .... 1000 d..........jaiibcaiibmocktest........... admin@jaiibcaiibmocktest........... To carry original common seal to Chennai b.......onlyforbankers... 09994452442 ………………………………………………………………………………………………………………………………………………………………… Ans .. all the above iib Ans ....... 10 b....com.. .. www.....onlyforbankers.. The T-bill is quoted at a discount price to the par value of Rs.. .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] ............ What action you will take? iib a...com murugan0501@gmail.... Payment will be made to C c...com..........c o m a............. 500 mega bits/sec c..... D has been named as nominee...b ..d ..56 ca A & B are maintaining an ‘E or S’ account. 09994452442 ………………………………………………………………………………………………………………………………………………………………… ....com. 8. characters each...... iib m Ans ....... 5 giga bits/sec Ans . www....onlyforbankers. www...........com.com.. 7..... lines of ... 09994452442 128 .b ................... Payment will be made jointly to legal heirs of A & B b. ………………………………………………………………………………………………………………………………………………………………… www.36 b........48 c. COMET permits free format messages of ... 9..bankpromotionexams. oc kt a. 2 giga bits/sec d.......www...... Payment to D will be a valid discharge to Bank’s Liability d........ja Ans .com.... www... 100 mega bits/sec b...... Brand extension c........onlyforbankers....... a. produces a court order restraining the Bank from making payment from the account.........com.. admin@jaiibcaiibmocktest..... w w w Normally coaxial cables can carry signals at . C. admin@jaiibcaiibmocktest... Payment to D will be stopped ..com.. Multi brands d..... 6. son of A........ New brands es t Ans ..jaiibcaiibmocktest.48 d.. Both A & B die in an accident...... www.com.bankpromotionexams... Line extension b. ...com.. CMC Ltd c.... 5 Ans ....onlyforbankers.........com. 09994452442 129 .... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m In Housing Loan. RBI b.......... Factoring b..... RBI c....www. Both a and b d..... www...........c o a. None of the above Ans . .........a ....bankpromotionexams.. IBA b.. 3 c...com.. 4 d.. TCS d. None of these kt Book debts can be financed by . 2 b. iib m oc a..............bankpromotionexams....b .....jaiibcaiibmocktest.. Central Govt d... www..... penal interest at . a....ja iib a... es t ........ admin@jaiibcaiibmocktest. [email protected]........... www.com..jaiibcaiibmocktest............... Ans – c ..com.....com...... if EMI is not paid on due date.......com..com murugan0501@gmail... None of the above w Ans ... Forfeiting c......... % will be charged normally.. ca INDONET was set up by ..... ………………………………………………………………………………………………………………………………………………………………… www........... www.... w w Banknet was set up by .......onlyforbankers.......b .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... .... RBI b.... Intranet c.com..... 09994452442 130 .ja iib a..bankpromotionexams...... Internet b..com murugan0501@gmail. cash funds b.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]. w w Cash flow statements deals with . a. www.. WAN w Ans .... Extranet d.. both a and b d.com......... Govt of India c....com. non-cash funds c... iib m oc a.........c ... 60 Days d. .........bankpromotionexams.a ....onlyforbankers........ 45 Days c............ None of these kt Coins are issued by Ans ..... www.......com... www........jaiibcaiibmocktest.com.. both a and b d...com..... None of these Ans – c ………………………………………………………………………………………………………………………………………………………………… www..b .. ca A collaborative network that uses Internet Technology to link business with their suppliers is .....c o a... admin@jaiibcaiibmocktest..... 90 Days Ans .. 30 Days b..... www..com........ 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Within how many days particulars of charge should be filed with Registrar of companies from the date of creation of charge? es t ..www....com.. admin@jaiibcaiibmocktest........ ......www.com..jaiibcaiibmocktest..onlyforbankers.onlyforbankers.. All of the above kt Universal Banking means. Wholesale Banking c. International Banking b.. Only (i) and (iii) c.com.... 1970-71 b........... Only (ii) and (iii) d. Cheque is not signed by the drawee d........... 1981-82 d....b ..... [email protected]. (iii) Horizontal integration .... a...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... (ii) and (iii) w Ans ...........c ....c o a.. Ans ...com.. www.c ..........jaiibcaiibmocktest....... www.... www.com. Cheque is not signed by the payee b..ja iib a......bankpromotionexams... 1983-84 Ans – c ………………………………………………………………………………………………………………………………………………………………… www..com murugan0501@gmail... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Your bank receives a cheque in inward clearing which has not been signed by the account holder. Which one of the following reasons you will select to return the cheque? es t ..... [email protected]......... (ii) Diversification... (i). 09994452442 131 .. Only (i) and (ii) b... 1973-74 c. www.......... ca Which of the following are involved in the Growth Strategies of a company? (i) Intensification..com..com.. Cheque is not signed by the endorsee Ans . Offering multiple Financial Products d.. oc iib m a... Refer to the drawer c... w w Concept of Bank computerisation practically started after .. ....................... iib m oc a... Any partner of the firm b. Any two partners Ans ..........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] iib a..onlyforbankers. 40 c.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A communication processor that connects dissimilar networks by providing the translation from one set of protocol to another is .. www.c .jaiibcaiibmocktest.c ... Authorised partner through power of attorney d...........bankpromotionexams................... % of small enterprises advances should go to micro enterprises in case of domestic banks.....com. 09994452442 132 .. supervisory review w Ans ........ ca The first pillar under BASEL II is? ..... Modem Ans .... [email protected]..... All the partners c.. Endorsement can be made by .....com.. disclosure norms c.........com.... Gateway c........b ..bankpromotionexams.com... www. minimum capital requirement d... admin@jaiibcaiibmocktest. market discipline b.. Router d.jaiibcaiibmocktest.. 60 d..com..... 20 b.... Bridge b...c o a....... es t ..com.............. a. www...com murugan0501@gmail...... www.....com.. 80 Ans .............b . kt .. ………………………………………………………………………………………………………………………………………………………………… www. w w A bill is payable to or to order of a non-trading firm.......www...com.... .. oc iib m a..com [email protected]..... Mutual Funds b.a ..... Depositories Ans ..bankpromotionexams. www..jaiibcaiibmocktest.d ... admin@jaiibcaiibmocktest......... b.bankpromotionexams. Enclosures to the balance sheet of the bank Ans .......com... admin@jaiibcaiibmocktest..... A plain sheet appended to a will d. ca Which one of the following inputs accounts for the largest percentage share in the total cost of all inputs in Indian agriculture ? ......... A plain sheet appended to a negotiable instrument for the purpose of making endorsement thereon.. Irrigation charges d......d ………………………………………………………………………………………………………………………………………………………………… www. www...... Seed c. www........ a............ Ans ......ja iib a.a . Chemical Fertilizers w Ans . 09994452442 133 ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]... All of the above kt Which of the following is/are tool(s) for promotion mix? es t ...com.. Direct Marketing d..com. www..........jaiibcaiibmocktest..... Public relations c..onlyforbankers. Feed for livestock b............. Custodians d.....com.... w w The securities are held in electronic form instead by physical form by .....c o a...onlyforbankers.. Conditional endorsement of a negotiable instrument c..www..com. Registrars c... Advertising b.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The term `allonge’ refers to . .....com..... A promissory note b...... Promotion efforts are directed at the channel member b...... Real Estate Market b.. Central Government 50%..... the share holding pattern is: ..com........jaiibcaiibmocktest. 09994452442 ………………………………………………………………………………………………………………………………………………………………… es t a.... None of these ....... admin@jaiibcaiibmocktest.................. ca In respect of Regional Rural Banks.com. Promotion efforts are directed towards the final consumer d...jaiibcaiibmocktest...onlyforbankers...... Regional Market c.. www...b ......bankpromotionexams..... [email protected] Bank 15% w Ans . 09994452442 134 ..com. It is done through personal selling and trade promotion c... www....ja iib a...com.....bankpromotionexams. Retail Loan Market d.....State Government 35%.com - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail........... Wholesale Market kt Based on Geographical Area. A Cheque d....c o Which of the following is not true about push strategy of promotion mix? m Facebook Groups Ans .Sponsoring Bank 15% b........ Central Government 50%..... Ans ..... ………………………………………………………………………………………………………………………………………………………………… www.onlyforbankers.....com.State Government 50%.... www.Sponsoring Bank 50% d.www..com murugan0501@gmail.. w w Which can be crossed by the drawer? a.State Government 15%. A bill of exchange c........ markets can be grouped into .. Central Government 15%.... Central Government 35%.......com..com....c .c ....... oc iib m a..Sponsoring Bank 35% c. All the above Ans .............b .. www........State Government 35%.. .bankpromotionexams.....com...... Idea screening b......... admin@jaiibcaiibmocktest.......... Product Development d...... Commodity Market Ans ....onlyforbankers. International d............b ........ Cash/Spot Market d..... major banks were nationalised.............c o a.....www. iib m oc a.....a ....... ………………………………………………………………………………………………………………………………………………………………… www... a..19 es t Ans . ............com.. kt Low-price and high promotional spending is likely to succeed in .. ca Launching the financial Inclusion scheme in one district and later extending it to other districts is an example of.... markets. 14 c. www..... Small c......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. www.. .. 09994452442 135 .... .... 17 d..bankpromotionexams..com.com [email protected] .ja iib a.. Local Ans . w w Based on Volume of Transaction.. Large b..... 12 b............ Commercial launch c... Concept testing w Ans .....b ..com...com. www...... www.. Retail Market c......onlyforbankers.jaiibcaiibmocktest. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m In 1969.... [email protected].. markets can be grouped into ................jaiibcaiibmocktest....com...... Real Estate Market b..... ja iib a... All of these Ans – a ………………………………………………………………………………………………………………………………………………………………… www.... Natural Calamities b... kt Which of the following is not true in respect of Minor? es t ....com.. admin@jaiibcaiibmocktest............ Holder-in-due course c.. endorse and negotiate a cheque binding all other parties except himself c....com..... Drawer w Ans .... Payee d.... None of these iib m oc a.........www. B b.. w w Threats of physical damage to the hardware is from ..c o a..... the credit balance in the account is payable to.... B and Legal heirs of A Jointly c. Either a or b d..........bankpromotionexams....onlyforbankers..... www.......com... Power Fluctuations c..jaiibcaiibmocktest.. When a cheque is crossed as "not negotiable"...com murugan0501@gmail. A minor cannot ratify the contracts on his attaining majority ca Ans ........ admin@jaiibcaiibmocktest.. who doesn't come in the picture at all? ..jaiibcaiibmocktest..bankpromotionexams..b ..com..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m There is a joint account in the names of A and B to be operated upon by both of them jointly.. Electro Magnetic Effects d... Ans .... On death of A... If a minor misrepresents his age.......c .... www...onlyforbankers.....com....com... www.com.com. A minor can draw. Holder b..... Minor can’t be sued for recovery of any money lent except for meeting the necessaries of his/her life b.. 09994452442 136 ......b ... www..... a... he is liable for his contracts d. can be attached b................ None of these Ans . www...... [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. 09994452442 137 ...... Network b.....com..com murugan0501@gmail...... www.....d .... ca One of the objective of Quality improvement is .. Data Link c............ None of these Ans .. Aesthetic appeal c......................com.b .bankpromotionexams.... can't be attached c........www...... Excessive administration expenditure and time b......c .onlyforbankers..... ………………………………………………………………………………………………………………………………………………………………… www............. admin@jaiibcaiibmocktest... the money in the account . www....bankpromotionexams... .. kt The network interface card of LAN is related to following layer of OSI Model Transport iib m oc a...c o a..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m If Garnishee Order is in a single name....com.com........ Sales keep declining continuously and there is no possibility of increasing sales c. Profits keep declining continuously and there is no possibility of improving profits d. Durability d.. Products' versatility b.....com.... can be attached if ordered so by the court d..jaiibcaiibmocktest.... Convenience w Ans ....c .......com......... Physical d..... www.... and the account is in joint names with Operating clause "Either or Survivor".... es t .onlyforbankers.. All the above Ans ... w w Which is not a major reason for product elimination? a....com..ja iib a.. .........c o a.. shares is called iib m oc a...onlyforbankers... A bank b. ca Bancassurance is iib a. Bancassurance d..jaiibcaiibmocktest... 30 years Ans .. An insurance company c. w w w Limitation period for filing a suit for foreclosure is ........... 20 years d......... An insurance scheme to insure bank advances c.. bonds.............. 12 years c........... [email protected] .............www...... An insurance scheme to insure bank deposits b...c ...com.........com.....com... 09994452442 138 ..com..com [email protected] ......... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A result of a computer virus cannot lead to ........com.... ………………………………………………………………………………………………………………………………………………………………… www.. kt A company which pools money from investors and invests in stocks... [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] of program d.............ja Ans . www. a. years from the date mortgage debt becomes due..Mother Board Crash c................... www.Deletion of files es t Ans .jaiibcaiibmocktest.d . www. A composite financial service offering both bank and insurance products d..bankpromotionexams.onlyforbankers. A bank deposit scheme exclusively for employees of insurance companies ........ www. 10 years b. Mutual Fund Ans .com........Disk Crash b. ....... 09994452442 139 .......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail........... the project cost for the business services sector is restricted to . kt A document executed in India shall be stamped . w w w . [email protected] ..........com.com....d .....b ........ a.......com. 3-7 Years d. [email protected]...... 2-3 Years b.......com murugan0501@gmail........ iib m oc a..com.......a . 10 Lakhs .......... www.. before b. iib a.. 5-7 Years es t Ans ..... www.. Control Ans ...... www..com.bankpromotionexams. Analysis b. Planning c..ja Ans ............. 5 Lakhs c... 3-5 Years c....... 6 Lakhs d....... www... ..com........ either a or c Ans ...jaiibcaiibmocktest... Implementation d...com.... at d........jaiibcaiibmocktest. ca Under PMRY....com..... after c.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Max period of imprisonment for offences under PML Act can be . ………………………………………………………………………………………………………………………………………………………………… www........... 2 Lakhs b...c o a....... the time of execution..bankpromotionexams..... and marketing programmes and tactics to be used to support the strategic plans... covers both strategic planning for the long-term marketing direction of the firm..www.. . Special Crossing b.. .. and marketing programmes and tactics to be used to support the strategic plans..jaiibcaiibmocktest........... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The Imperial Bank of India was converted into State Bank of India in ....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. 1969 es t Ans ............ 10 years b.......c o a. admin@jaiibcaiibmocktest..... 13 years c...... kt Which is not defined in NI Act? iib m oc a... Planning c.......com [email protected] years Ans ...b .b . Implementation d.. 1947 b.. Analysis b........com. Control w Ans . www... .........com........ ………………………………………………………………………………………………………………………………………………………………… www...com. 09994452442 140 ....... www.com.com... A/c Payee c...........bankpromotionexams....b ........b .... 1955 c..com..... admin@jaiibcaiibmocktest.. www....... General Crossing d....www..... 1967 d....... normally EC is asked for .......... covers both strategic planning for the long-term marketing direction of the firm. w w During Mortgage......... None of the above Ans .. a..ja iib a..... www........onlyforbankers..com. ca .. years......bankpromotionexams. 20 years d.............onlyforbankers...jaiibcaiibmocktest.com.. .........com. Secy.b .....bankpromotionexams... admin@jaiibcaiibmocktest......... Prime Minister of India d...... w Ans .. c. 1967 d.... Guidelines have been given for providing working capital to big units..1969 ca The Imperial Bank of India was converted into State Bank of India in .. www............ www.......... d... iib .b ...com murugan0501@gmail.. b.. M S Verma b.. Guidelines have been laid down for election of Chairmen and Managing Directors of the banks....bankpromotionexams... www.. ………………………………………………………………………………………………………………………………………………………………… www. 1947 b.... 1955 c...........com... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m One rupee note bears the signatures of: Ans .....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail................ 09994452442 141 .... kt As per section 45(ZA) of Banking Regulation Act 1949: es t .onlyforbankers.. www.......jaiibcaiibmocktest.jaiibcaiibmocktest.....ja a............c o a...com....... Governor RBI b..... Finance Minister iib m oc a..www...com.a ..com..onlyforbankers...... B D Shah d...com.. K S Shere Ans .....b . admin@jaiibcaiibmocktest.. Ministry of Finance c... w w The report on Harmonization of role of FIs and banks relating to universal banking was given by: a......com.. Nomination facility is available for locker accounts Ans ........ R H Khan c. Nomination facility has been granted for bank deposits.............com........ ..... This type of pricing is called . they reduced the price.....com... The Second Pillar under BASEL II is? a...... Montek Singh Ahluwalia Committee w w w Ans ..jaiibcaiibmocktest. iib m a........ market discipline b......bankpromotionexams. BCSBI is setup on the Recommendations of which Committee ........ www.... www.....com murugan0501@gmail...... [email protected].... A Crime c..com...........b ... Dr.....com........ The notes become non-legal tender oc Which Section As per the RBI’s Clean Note Policy.. ………………………………………………………………………………………………………………………………………………………………… www. Market skimming c.......ja iib a..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… .com. Price skimming b...... writing on a Currency Note is …… ca Ans . Tarapore Committee b....... minimum capital requirement d.....c . supervisory review Ans -d ..... A Punishable Offence d.....jaiibcaiibmocktest.S..com......com..onlyforbankers.. c....com.. S........ Exploitation pricing d..... [email protected].. es t a.. disclosure norms c... www...c o m When colour TVs were introduced in India for the first time..... 09994452442 142 ..onlyforbankers...Rangarajan Committee c..a ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. An Offence b. a & c kt Ans ..... Vijay Kelkar Committee d...... the manufacturers priced them very high.............bankpromotionexams.. www. After the initial enthusiasm waned... .......... Sale of product .. Wholesale Market es t Ans ... www...........com..com murugan0501@gmail... Banking Regulations Act d..... it is returned unpaid... ………………………………………………………………………………………………………………………………………………………………… www.......com.....com.. Real Estate Market b.RBI clearing House rules Ans .bankpromotionexams...........d ...... Regional Market c..... kt ……of Banking Regulation Act.. Goods and services b.. Consumers and their requirements d... Negotiable Instruments Act b....... w w w A cheque is presented for payment through clearing house but due to certain reasons....jaiibcaiibmocktest...ja Ans ......... 09994452442 143 ...com..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].. ca Focus of a Marketing Exercise is ...com... Section 42 b... Market Demand c.. .d ...bankpromotionexams. admin@jaiibcaiibmocktest..... markets can be grouped into ... RBI Act c. a.com. The returning memo is enclosed to comply with ............. Cash/Spot Market d.c ...c o a. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Based on Nature of Transaction............ www... iib a..com.www... Section 110A d......... Section 24 c...... www.... Section 45ZA Ans .. admin@jaiibcaiibmocktest....com......onlyforbankers.......jaiibcaiibmocktest.... 1949 provides Nomination for Payment of Depositor’s Money iib m oc a.c ........ www..... ....d ... 09994452442 144 ....... Only (i) and (ii) b. (ii) and (iii) w Ans . admin@jaiibcaiibmocktest...com.bankpromotionexams..............com murugan0501@gmail... a.....jaiibcaiibmocktest... State Govt and NABARD d.... (ii) and (iii) kt According to four Ps of marketing... inventory and logistics services are not classified as ........com.....b ..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... State Govt and RBI es t Ans . ... ca When new developed product concept is tested.com.......com..... (iii) develop logistic network ........www... branding d. (i).com...jaiibcaiibmocktest.. www...onlyforbankers....onlyforbankers... oc iib m a. www.. w w Products such as "VHS tapes" are examples of . product perception Ans – b ………………………………………………………………………………………………………………………………………………………………… www. RBI and NABARD c.. (ii) develop market strategy...c o a. (ii) Product..... admin@jaiibcaiibmocktest. Only (ii) and (iii) d....... www.com........ Only (i) and (iii) c. product classes b.... (i).c .... (i) develop intermediaries... (iii) Promotion Ans .. next immediate step is not to .ja iib a........ Only (ii) and (iii) d...bankpromotionexams..com..com.... (i) Place. Only (i) and (ii) b. www............. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Urban co-operative banks are controlled by ..... Only (i) and (iii) c. Central Govt and NABARD b... product forms c.. ..onlyforbankers. (iii) middle majority customers w .. Only (ii) and (iii) d.......com....onlyforbankers.. es t .. Though "Pizza huts" are located in posh.c o a. (i) non personal communication channels.... Brand value c. www... online media and broadcast media are not classified as ... Only (i) and (ii) b. (i) innovators....com.......... factoring c... iib Customers in growth stage of life cycle of products are not classified as . they continue call themselves as "Pizza huts"....com.... (ii) and (iii) oc kt Major media channels such as print media........ja a. admin@jaiibcaiibmocktest.... bills discounting d.... Only (i) and (ii) b..... (i)....jaiibcaiibmocktest.....com murugan0501@gmail....... Only (ii) and (iii) d.bankpromotionexams. (i).bankpromotionexams..com.... www... (ii) and (iii) w w Ans ..com.. www.. This is to take advantage of . [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... Brand recognition ………………………………………………………………………………………………………………………………………………………………… www.......... forfeiting b.... display media. 09994452442 145 ...b ................. www....... (ii) early adopters. Local sentiment of wanting to eat in huts b.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A firm discounts its export receivables of up to 5 years without recourse to the exporter under which of the following arrangement.. Only (i) and (iii) c..com. a..... Only (i) and (iii) c.... (iii) personal communication channels ca Ans ........ iib m a.... air-conditioned premises..jaiibcaiibmocktest.www.com.c .com...... foreign bills discounting Ans – a . (ii) non-emotional communication channels.. ...........com. back to back letter of credit Ans .. 09994452442 146 .c o Ans ..onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail..... Product testing d...bankpromotionexams.. www... green clause letter of credit c...........jaiibcaiibmocktest........www...............com..... Under which of the following categories.. ………………………………………………………………………………………………………………………………………………………………… www...................... kt es t a...... red clause letter of credit b... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m d....... Idea screening b...com............ such letter of credit can be classified ........com. bank will be discharged of its liability... Brand extension .... transferable letter of credit d........com.. www..... Concept testing iib m A is having a locker and sends the key by post with an intention to surrender the locker: ca a...com..com... Which is not one of a main stage in the process of product development? oc Ans ......d . if key is accompanied by a letter stating the contents of the lockers as NIL b. www...jaiibcaiibmocktest......... bank can accept subject to its rights under reserve iib Ans – a . w w w ..c ..bankpromotionexams...................com [email protected] An export client M/s Shanbeg Exports of your branch receives an export order for export of handicraft items to US under a letter of credit of $ 30000.... [email protected]. It is stated that your bank can issue another credit in favour of local supplier/manufacturer from whom the exporter is to procure the material... Commercial launch c. www..c ... admin@jaiibcaiibmocktest. The bank should not accept d. a...com. The bank will not be discharged of its liability c. .c o a... admin@jaiibcaiibmocktest...... No.. but he forgets to hand over the cheque to Aman..... 18 c..............of NI Act. www.com. 21 iib The provision for making the payment of amount mentioned in words in a cheque is described u/s.... www.............. 3 years c...... Nomination can be accepted ca Ans – a ....com.... A bearer cheque is issued by one Mr...... It will depend on bank’s discretion d.. Whether the negotiation has taken place? a.bankpromotionexams..onlyforbankers.......com. delivery is also needed c..com. 09994452442 147 .com murugan0501@gmail... No.. 5 years d..7 years Ans ..com...www. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A bank can purchase NPA from another bank.b .. Nomination can be made in both the accounts separately b.... oc kt A and B maintain an FD account with a locker and want to make single nomination for both the accounts: iib m a..onlyforbankers. endorsement and delivery both required ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest......... the account was NPA for . ... 16 b....... if in the books of selling bank.......... No.com....com... 20 d. 2 years b...... www.... picks up the cheque in his absence from his table.. admin@jaiibcaiibmocktest.. es t ...bankpromotionexams.. www...a .....com.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. Nomination cannot be allowed in lockers in joint names c. endorsement is also needed b.... Ashok in favour of Aman.... w w w Ans ..ja a.jaiibcaiibmocktest... Aman however.. com. 100% d..com. [email protected].. [email protected]...... 30% b....... the cheque is drawn in his favour .. w w w a.. kt a. in case of credit card .. 18 months iib m In case of component ‘Urban Self-Employment Programme’ (USEP) of SJSRY...... www.... What should be the minimum percentage of women beneficiaries? ca a...............com.ja What is the risk weightage for capital adequacy purpose....... es t If NPA is purchased from X bank by Y Bank and Y bank wants to sell it to Z bank...... Minimum Bank Rate is ............... 25% b...com.. Yes. what is the time period for which the account should remain with bank Y ..... www........jaiibcaiibmocktest. 125% Ans .com.... 12% iib Ans ...... 09994452442 148 ....www.com........b ..... 12 months c.a ....com.... ..com.. 3% ………………………………………………………………………………………………………………………………………………………………… www.......... www.....c o Ans ..com [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]....... 15% d......jaiibcaiibmocktest...d .. 6 months b.... 15 months d.... a... 50% c. www......... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m d.... 20% c..... oc Ans ...a . ... the quantum of working capital limits from the bank is minimum . 25% ..ja Ans .d .........com...... iib ca a.....jaiibcaiibmocktest. 4% c.... Central Bank of India c..c .. www... None Under the Nayak Committee recommendations.......c . 5% d. 5% b....com. RBI d......bankpromotionexams......... Which is not a major promoter of CIBIL? w w w a.................. 20% d... www.. HDFC b...com murugan0501@gmail...... admin@jaiibcaiibmocktest........ of the projected annual sales......... SBI c. Trans Union International Inc..........bankpromotionexams..com... others are part of Public Sector Banks: ....jaiibcaiibmocktest...... Ans .....onlyforbankers... 09994452442 ………………………………………………………………………………………………………………………………………………………………… Ans ...... sponsored by a nationalized bank d.. admin@jaiibcaiibmocktest.... www....com..c o m b.....com.com............ iib m Ans ....com..d ..onlyforbankers...com... oc kt a...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail................. None of these es t Except one of the following...www. 09994452442 149 .. 15% c. Regional Rural Bank.... State Bank of Hyderabad b. Which one is not a fund based service? ………………………………………………………………………………………………………………………………………………………………… www.. www.. ... oc kt a.d ...com. [email protected]. iib ca a....com. ………………………………………………………………………………………………………………………………………………………………… www. Financial Institutions b.......... Banks c........ www...........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail............ NBFC & Mutual Funds d. the alliance partners a.......com murugan0501@gmail.. One partner acquires the other c...c o m a.....bankpromotionexams......bankpromotionexams...... www............b ..jaiibcaiibmocktest.. Creditor c.... Export credit es t Ans ..... Lessor b. Remain separate entities d.... None of these Banks provide safe deposit lockers to the Customer who hire them on lease basis...... 09994452442 150 ....com... Which of the following can't be included in the definition of "Financial Intermediary"? iib m Ans ..com...ja Ans .... Letter of Credit c..... Trustee d.......com. Merge with each other b... Lessee ...........a .... Short term finance b... Bill discounting d.......jaiibcaiibmocktest..c .... www.... None of these Ans .....onlyforbankers.onlyforbankers....com.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… ... Here the bank is a ........ admin@jaiibcaiibmocktest. w w w In strategic Alliance.....www......com.. www.... Debentures b. [email protected] o a.... www....com.....jaiibcaiibmocktest.. Identification would not be required if presented with pass book w Ans – a ... ..ja iib a...com......com.... Bonds issued by PSUs c.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. CDs b... no identification is needed irrespective of the amount of the cheque b.... FIIs d.. admin@jaiibcaiibmocktest.............com........com....bankpromotionexams........... www. the payees of a cheque drawn on your branch............. Corporate Securities d..com...... kt Which of the following can't be included in the money market? iib m oc a.. ca A bearer cheque of Rs... www. In case of bearer cheque...... PIOs es t Ans ..www. Bonds issued by Govt Ans – c ………………………………………………………………………………………………………………………………………………………………… www.com murugan0501@gmail.......... Call/Notice money Ans ..c . NREs b...... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Participatory notes are issued by ..onlyforbankers. www...c ...... He being new to the bank has shown inability to give identification ....com... Term Money d.. NRIs c.... Sham Kumar. Identification is essential for all instruments for getting protection d... 09994452442 151 .bankpromotionexams.....jaiibcaiibmocktest.onlyforbankers..... w w Which of the following is part of the money market? a. 3 lac has been presented by Mr.com.... Treasury Bills c.... Identification is required to safe guard the interest of the bank c. com..com........ except one: ......onlyforbankers.jaiibcaiibmocktest.. For Dharmvir sd/ by Ashok Kumar (attorney for Dharmvir) .com...com.. Ashok Kumar among the following ............. Less than 25 lakhs b...... small enterprises investment in plant and machinery is a.bankpromotionexams.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… es t a......... Fast turnaround or early cash recovery oc Which of the following is not the common objective pursued by firms for short term? ca Ans ... Ashok Kumar sd/ Ashok Kumar c..... www.......... What will be the correct endorsement by Mr. w w In Manufacturing sector. For Dharmvir sd/Dharmvir by Ashok Kumar d....... iib m a. 10 Lakhs to 2 Crores c...... Certificate of Deposit w Ans – b . Call Money b..ja iib a. 5 Crores to 10 Crores Ans – c ………………………………………………………………………………………………………………………………………………………………… www........ 25 Lakhs to 5 Crores d.. FIMMDA’s guidelines cover the following products. Dharmvir has given a power of attorney to Mr... 09994452442 152 ..........d . www. Profit optimization b. www. Cross Currency Interest Rate swaps c...com.... Minimum return on sales turnover d.bankpromotionexams......com [email protected] o m Mr. Commercial Paper d..jaiibcaiibmocktest..a . www.....com. admin@jaiibcaiibmocktest..... Profit maximization c....www.com. Ashok Kumar for operation of accounts and dealing with negotiable instruments drawn in favour of Mr. Dharmvir...........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]. kt Ans .. [email protected]...... Dharmvir sd/ by Ashok Kumar b....... ......onlyforbankers..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Smart Card is ... w w w Interest in SB account is calculated on. Housekeeping c... www........www.com murugan0501@gmail.. Microprocessor Cards c...com..............bankpromotionexams..... 09994452442 153 .. www...........com.. Balance as on 30th of the month c...d .......... a...........com...jaiibcaiibmocktest...a .c o a..bankpromotionexams.com.... Both b & c kt 1 MB not equal to iib m oc a. es t Ans ..........com.... www. CBS d. www.... ............... ca Which is not a major objective of computerisation in banking? iib a..... Customer service b. admin@jaiibcaiibmocktest.. ………………………………………………………………………………………………………………………………………………………………… www..... On daily balance basis Ans ....... 1024 KB c.....onlyforbankers... Both B & C Ans .... 1000 KB b...... Processing unit contains memory for storing data d...com.jaiibcaiibmocktest. Special purpose Cards b.................com.d .... Minimum balance between 10th and last day of the month d........ [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...... Minimum balance during the month b..c ......ja Ans .. 2^10 KB d.... Decision-making . Buy Back Scheme b.bankpromotionexams.None of the above es t Ans ....... 30:20:50 b.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m .. a..... ca In a book built issue allocation.onlyforbankers............ of State Bank of India....com....... www......com....c .. www.........onlyforbankers. 35:50:15 c...... www.. performance appraisal of the marketing staff b..... [email protected].. company prospectus c...... RIIs..c o a.............com. ………………………………………………………………………………………………………………………………………………………………… www..... documented marketing strategy d..bankpromotionexams......c ........com. providing loan for consumer durables 2 decades ago was a failure........ 30:50:20 ... suggestion scheme for staff d. w w w A market plan is ....... 09994452442 154 .... NIIs and QIBs are in the ratio of iib a.......jaiibcaiibmocktest....... Big Buy Scheme c..... oc iib m a.... brainstorming sessions b.. Big Sale Scheme d.. admin@jaiibcaiibmocktest... surveys for need/idea identification c.com...... business targets Ans ...com.com [email protected] Ans .. . 35:15:50 d...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]. All the above kt Which one is among the various techniques used for generation of ideas? Ans ...d . www...b ....... .....b .................com.............d .... kt Cross-selling is not effective for which one of the following products? iib m oc a. (i) delivery objects...com murugan0501@gmail. the firm's account ......... www... for the debts of the partners...... Only (i) and (ii) b.com.........jaiibcaiibmocktest.com..........bankpromotionexams.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]... Debit Cards b... Internet Banking d..... None of these Ans .. Only (i) b.... Only (ii) and (iii) d.......com........onlyforbankers.... Both (i) and (ii) es t Ans .... www.... (ii) satisfies ...b ....onlyforbankers..... the customer requirements.com...... Pension loans Ans . (i) identifies..... a.... [email protected] o a.... Only (ii) c.. (ii) and (iii) . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Marketing ... ………………………………………………………………………………………………………………………………………………………………… www.... www. w w w In Garnishee Order..com.www...bankpromotionexams....... (ii) delivery outlets.b ... can be attached if ordered so by the court d........ www.... (iii) delivery boys iib a.com....... Only (i) and (iii) c...ja Ans ...... ca Marketing channels do not mean .. Savings Accounts c... admin@jaiibcaiibmocktest.. (i)... can't be attached c.jaiibcaiibmocktest.... can be attached b..... Either (i) or (ii) d. 09994452442 155 .... w w Generally LAN will not extend beyond ..... ………………………………………………………………………………………………………………………………………………………………… www..ja iib a.... . can't be paid b.....................com. oc iib m a..... the cheque .....c o a....www.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. even if the drawer confirms the multilation and otherwise in order es t Ans .......com murugan0501@gmail.... Credit Monitoring c....... 50 meters b....a .. if the drawer confirms the multilation c.d ... can't be paid. ca If Garnishee Order is in a single name(former... [email protected]. www..com........ can't be attached c........... can be attached b..... Customer service kt Which one is not one of the most common tasks performed by RO/ZO? Ans .. admin@jaiibcaiibmocktest..... www.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m If a cheque is accidentally torn by the drawer...jaiibcaiibmocktest.....bankpromotionexams.......... a.....com.... can be paid.... if the drawer confirms the multilation and if otherwise in order d.... www.. 150 meters d.......jaiibcaiibmocktest......com.... can be paid...onlyforbankers...........com......... the money in the account . 100 meters c...com. and the account is in joint names with Operating clause "Former or Survivor".. can be attached if ordered so by the court d... 200 meters Ans – b .... Inter-branch reconciliation b..bankpromotionexams.. Personnel Data Management d.............c .... None of these w Ans ....com. www..com... 09994452442 156 ... ...... ..onlyforbankers.. iib m oc a..... www. (ii) and (iii) Ans ... [email protected] o a....bankpromotionexams..com.com........bankpromotionexams....... Debtor b.. Base c.. Principle d. Customer Experience Misleading d.....com... www............. insurance premium for the customer regularly....... Sub d... Creditor c...com..........jaiibcaiibmocktest..com.ja iib a.... www.............. Case es t Ans ..... Here the bank is a .com........ Only (i) and (iii) c.... (ii) voice processing...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] . admin@jaiibcaiibmocktest......... 09994452442 157 ...d ...www..... (i). Root b...... Only (ii) and (iii) d.. Costly E-Commerce Marketing b... Agent Ans .jaiibcaiibmocktest...com murugan0501@gmail.. w w Tele banking is not based on . Customer Experience Management c.. (i) virtual banking.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The ............ (iii) online banking a... ………………………………………………………………………………………………………………………………………………………………… www.. www...com...com.. Cost Estimates are Mind Boggling w Ans ........a ....b ...... kt Banks undertake to pay electricity bills.... directory is mandatory for every disk ... ca In the online world of electronic commerce. Only (i) and (ii) b.................. what do the initials CEM stands for? .onlyforbankers....... ...... Stand-alone PC es t Ans ...com [email protected] ......com.a ............ www.... iib m oc a. if the amount doesn't exceed Rs..bankpromotionexams........... None of these Ans ... Node c..jaiibcaiibmocktest....... Company d.. each independent system is known as ....b . Level – 0 b. www. Level – 3 d.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] ......... a.... Level – 1 c. Society c......com.......... Server d...... kt The fastest I/0 of RAID (Redundant Arrays of Inexpensive Disks) is ...jaiibcaiibmocktest... 40000 d.. .... 25000 c.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m In LAN....com.. admin@jaiibcaiibmocktest. Level – 4 Ans ...... 50000 ca Cash payment of Term deposits is possible.com.. www..... ......... ………………………………………………………………………………………………………………………………………………………………… www....... w w w BCSBI has been set up as a ...onlyforbankers......ja Ans ......onlyforbankers.. www. .........www..com... Tree b........... admin@jaiibcaiibmocktest.. Autonomous Body b....com.. 20000 b.. 09994452442 158 .....com.c o a...................com.............. iib a.. c o a...... ………………………………………………………………………………………………………………………………………………………………… www...onlyforbankers....... POS d..com.... a..www.......... 09994452442 159 .......... w w w "CASHWIRE".com.com....... admin@jaiibcaiibmocktest.. Both A and B d......... kt CHAPS system is set-up in ... www................Hong Kong d......a .... ..... Public Key b....com.........Brazil Ans ........ iib a.........bankpromotionexams... Brazil .. Hong Kong d... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Digital signature has ........jaiibcaiibmocktest.USA b..... UK c.........b .. Private Key c... ca CHATS system is set-up in ...... iib m oc a.. admin@jaiibcaiibmocktest.. Bankwire b....... is provided by .com...... USA b...c .. None of these Ans ...c ..jaiibcaiibmocktest......... www..ja Ans ..... www..com murugan0501@gmail.... Fedwire c...UK c..bankpromotionexams. None of the above es t Ans .com....com...onlyforbankers....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... www.... a clearing facility.....com... ..com..........com.. Holder in due course b..........c o a.ja iib a.1881 a banker gets protection for payment of a cheque only if it is a ...onlyforbankers.......com... Corporate guarantee es t Ans ... www.....com. Blank endorsement b... admin@jaiibcaiibmocktest.... kt Charge created on LIC Policy is .... 09994452442 160 .......... ...... Payment in due course c.......... Hypothecation b......... Mortgage Ans ...... www... iib m oc a.. Restrictive endorsement c.......... Endorsement in Full Ans .. admin@jaiibcaiibmocktest.com........bankpromotionexams..com...........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. This is called as ...b ...... Book debts d.......jaiibcaiibmocktest.jaiibcaiibmocktest. Sans recourse endorsement d.... a.......com..... www..www. Holder for value d. All of the above w Ans .. ca As per the provisions of NI Act.com murugan0501@gmail..... Movable goods b..................... Pledge c...... ………………………………………………………………………………………………………………………………………………………………… www.. www.c ........bankpromotionexams...b . w w A negotiable instrument is endorsed as Pay to Raju only. Assignment d....onlyforbankers..com........ 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Hypothecation is applicable in the case of .. .a . Immovable property c..... .com murugan0501@gmail. A bank which collects cheques for non customers d....... ca Ram issues a stop payment instructions to his banker to Stop payment of a cheque for Rs...........20.....com.. A request from Ram b. Collecting Banker c. a..jaiibcaiibmocktest.................bankpromotionexams..... admin@jaiibcaiibmocktest.... [email protected].. Paying Banker b... 09994452442 161 ....www.... kt At a Shopping complex....com.. b...ja iib a.............a . A bank allows one of its clients to withdraw against clearing of a cheque.com..... this relationship is applicable .....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]........... when a bank lends funds to a corporate customer b..com..d .... 09994452442 ………………………………………………………………………………………………………………………………………………………………… es t Ans .. when a customer operates a safe deposit locker d. ………………………………………………………………………………………………………………………………………………………………… www...............jaiibcaiibmocktest....... .... w w A holder for value is . www.. Issuing Banker Ans .when a customer keeps articles in safe custody with a bank m The banker acts as a Bailee and the customer as Bailor. iib m oc a.bankpromotionexams.A bank which handles high value clearing cheques Ans ...... This is ....... you withdraw cash from ATM of State Bank of India... An intimation from Ram c.com...com........ A bank which maintains high net worth customers accounts c. www.... www... A mandate from Ram w Ans .......... www..com. An advice from Ram d.... when a bank accepts US$ FCNR deposits form a NRI customer c....a ...... SBI is a . Advising Banker d..c o a......com......d . . Only (i) and (iii) c...... (ii) FIs.onlyforbankers... (ii) and (iii) w Ans ...onlyforbankers.c o a. ca E-Marketing is the same as ..... Only (i) and (iii) c. (ii) and (iii) Ans – b ………………………………………………………………………………………………………………………………………………………………… www. www......... (i). (iii) NBFCs a.com.d ..... (i) Mutual funds... www. Only (ii) and (iii) d...com.bankpromotionexams..com...a .......... (i)..........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. Only (i) and (ii) b...... (iii) Digital marketing ....com..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Personal loans can be canvassed among ..... The front-office staff c.......com..com murugan0501@gmail....... w w Which of the folowing were not created to provide long term funds for industry or agriculture... The customers Ans ....... Ans ...bankpromotionexams.. www. Only (ii) and (iii) d...jaiibcaiibmocktest... (i) Real time Marketing.. admin@jaiibcaiibmocktest... kt Data mining means analyzing the data stored with . Only (i) and (ii) b... 09994452442 162 .www. www........ja iib a.... pensioners c.......com...... The back-office staff d.... es t ....... salaried person b..... NRI Customers iib m oc a.....com. admin@jaiibcaiibmocktest. The DSA b. (ii) Virtual marketing........com.jaiibcaiibmocktest... foreign nationals d.c . ...jaiibcaiibmocktest.........com [email protected]..... kt Credit Exposure ceiling for borrowers is linked to: es t . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Banks can not grant loans to any of its directors against which of the following securities? Ans .com.... Paid up capital of bank b. Section 20 (1) of RBI Act b... w Ans .....onlyforbankers... 09994452442 163 ..... Life Insurance policies c.. www....com.... Bank's own deposit d...... www....bankpromotionexams.d .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. ca Banks have to limit their commitment by way of unsecured guarantees in such a manner that ......onlyforbankers.. % of total outstanding advances...com...c .......... Net worth of bank c... w w Banks can not grant advance against their own shares as per provisions of: a.. admin@jaiibcaiibmocktest.... Section 19(2) of Banking Regulation Act c...... Government Securities b. 15% b.. www.com....... 10%......com. % of the Bank's outstanding unsecured guarantees plus the total of outstanding unsecured advances do not exceed ...d .. 20% c....... www.jaiibcaiibmocktest. None of these Ans .. 15%..........com....com.....ja iib a.......... ... RBI guidelines d. [email protected].. Capital fund of the bank d. Section 20 (1) of Banking Regulation Act Ans – d ………………………………………………………………………………………………………………………………………………………………… www....c o a.. Shares iib m oc a...... 15%. None of these as there is no such stipulation. 40% d..... www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which of the following is not sensitive commodity for purpose of Selective Credit Control? .c o a. food grains i.e. cereals and pulses b. major oil seeds and oils thereof c. raw cotton and kapas d. Tea and Coffee es t Ans - d ............................................. oc kt As per RBI, for borrowers availing working capital credit facilities of Rs 10 crore and above from the banking system, the loan component should normally be ...... % and cash credit component should be ...... %. iib m a. 80%, 20% b. 20%, 80% c. 75%, 25% d. 60%, 40% ca Ans - a ............................................. iib As per Section 20A of the Banking Regulation Act, 1949, whose permission is required for remitting in whole or in part any debt due to a bank by any of the directors, or any firm or company in which any of its directors is interested as director, partner, managing agent or guarantor, or any individual, if any of its directors is his partner or guarantor. w w w .ja a. Reserve Bank b. Board of Directors of the Bank c. SEBI d. None of these as loan given to a director can not be remitted at all. Ans - a ............................................. CRM (Customer Relationship Management) is ...... (i) A tool for lead generation, (ii) An ongoing daily activity, (iii) The task of a DSA a. Only (i) and (ii) b. Only (i) and (iii) ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 164 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m c. Only (ii) and (iii) d. (i), (ii) and (iii) .c o Ans - d ............................................. es t Factors influencing the promotion mix is/are oc Ans - d ............................................. kt a. Type of product/market b. Buyers’ Readiness stage c. Product life cycle stage d. All of the above iib m Under PML Act, Banks has to maintain record of foreign currency transactions even below Rs. 10 Lakhs if the aggregate of such transactions is Rs....... during ...... Days/Weeks/Months. ca a. Rs. 10 Lakhs, 1 Day b. Rs. 10 Lakhs, 1 Month c. Above Rs. 10 Lakhs, 1 Day d. Above Rs. 10 Lakhs, 1 Month iib Ans - d ............................................. w w w .ja A partnership firm has three partners and a minor, aged 17, admitted to the firm for benefits. Who among the following will sign the account opening form for opening a current account in this case ? a. all the three and the father of the minor b. all the three and natural guardian of the minor c. all the three and the minor himself d. all the three partners only Ans - d ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 165 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… kt Which of the following is not the growth strategies? .c o Ans - d ............................................. es t a. More reliable forecast of future sales b. An opportunity to decide about launching or dropping the product c. Determining the better promotional strategies d. All of the above m The benefits of test marketing is/are iib m oc a. Intensive growth b. Innovative growth c. Integrative growth d. Diversification growth Ans - d ............................................. ca You received a garnishee order for a current account maintained in your branch. A cheque is received for payment. What memo should be appended while returning the cheque? .ja iib a. Garnishee order received b. Refer to drawer. Garnishee order received c. Insufficiency of funds due to garnishee order d. None of the above w Ans - a ............................................. w w Max fine for offences under PML Act can be ...... a. Rs. 2 Lakhs b. Rs. 3 Lakhs c. Rs. 5 Lakhs d. Rs. 10 Lakhs Ans - c ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 166 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… iib m a. To all endorsees b. To Payee c. To Drawee Banker d. To collecting Banker oc Account Payee crossing is an order of the drawer ... kt Ans - b ............................................. es t .c o a. Can honour the cheque only after obtaining confirmation from other directors b. Can honour the cheque c. Cannot hounour the cheque d. The company should issue a stop payment instructions to the bank m Mr. Kumar as director of a Ltd company expired. Bank received a cheque signed by Mr. Kumar as director of the Ltd company. The bank Ans - a ............................................. .ja iib a. Exchange b. Distribution c. Selling d. Buying ca A distribution channel has several ...... points w Ans - a ............................................. w w Marketing situation can't be ... a. Few Sellers & Many Buyers b. Many Sellers & Many Buyers c. One Seller & Many Buyers d. None of the above Ans - d ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 167 com....onlyforbankers....... telemarketing c......... [email protected].......... creativity ca Innovation in marketing is same as .Sponsoring Bank 15% b..State Government 15%.....jaiibcaiibmocktest..Sponsoring Bank 50% d... (ii) costlier products.bankpromotionexams... admin@jaiibcaiibmocktest.. oc iib m a.......State Government 35%... the share holding pattern is: a.....com.Sponsoring Bank 35% c.d . Only (i) and (iii) c... 09994452442 168 ....... internal marketing d.www....com murugan0501@gmail... (iii) large number of products Ans . (i) additional services. relationship marketing es t Ans ..... ... www.......... .......bankpromotionexams...Sponsoring Bank 15% Ans ... Only (i) and (ii) b......... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Service marketing is the same as ..... aspiration d........ www... motivation b.State Government 35%.State Government 50%.c o a. Central Government 15%.. w Ans .com... (ii) and (iii) kt Value-added services does not mean ... internet marketing b.. Central Government 50%.. Only (ii) and (iii) d... www........b .. perspiration c... Central Government 50%.... ………………………………………………………………………………………………………………………………………………………………… www.............ja iib a.. www. (i)....com.jaiibcaiibmocktest... w w In respect of Regional Rural Banks....c ....com....com....onlyforbankers..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] .... Central Government 35%...... Endorsee w Ans . Obtain special license from AMFI b.35...onlyforbankers..000 and the OD limit is Rs..com.. 09994452442 169 ...www..... w w Your bank receives a cheque in inward clearing which has not been signed by the account holder.jaiibcaiibmocktest.ja iib a.... Cheque is not signed by the drawee d..... admin@jaiibcaiibmocktest... Obtain special license from FIMMDA c..c ..jaiibcaiibmocktest... Refer to drawer b....1. ......com. Cheque is not signed by the endorsee Ans – b ………………………………………………………………………………………………………………………………………………………………… www.. Payee b...... www.. Refer to the drawer c.......onlyforbankers......00..... Both a and b d... Drawer d.. www. www.. What reason you will state while returning? Ans .......com.000.... wants to undertake capital market activities. Register with SEBI es t Ans .. Effects Not cleared c... oc iib m a.. the . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A bank in India.......com..... Drawee c..bankpromotionexams.. the bank is called as....c o a.... it should: . Exceeds arrangement d.......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]. [email protected] ... www....d ......com murugan0501@gmail......... Cheque is not signed by the payee b. Which one of the following reasons you will select to return the cheque? a..... The debit balance in the account is Rs......70.bankpromotionexams.. ca When a cheque is drawn on a bank..com.000..... Endorsement not correct kt You receive a cheque in an overdraft account for Rs... .. kt A stop payment instruction of a cheque can be issued by .... es t ...... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m An order cheque is endorsed as "without recourse to me" by the endorser.............. The endorsee c.... 1951 to 1959 ca During which one of the following periods did Reserve Bank of India play a more aggressive promotional role for rural India? w Ans ..... 1969 to 1982 c....jaiibcaiibmocktest.ja iib a...... www.com..com......... The payee b. [email protected]... Restrictive endorsement c... ..... w w Law of limitation is not applicable in respect of : a.c ..... 1982 to 1987 b....... Blank endorsement b.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] ..bankpromotionexams..... www...... This endorsement is known as .... CC granted against hypothecation of inventory c........www. Bank Term Deposit Ans – d ………………………………………………………………………………………………………………………………………………………………… www..b .. The drawee Ans ...c o a. iib m oc a...com.... 1960 to 1968 d. www. None of these Ans .....com........onlyforbankers. 09994452442 170 ....... Term loan secured by mortgage of Plant & Machinery d. [email protected].. The drawer d.. Endorsement in full d........com [email protected]. Advance against pledge of shares b.. www. ....... V Kurien c. w Ans .com. A M Khushro b..... Foreign Income Money Markets and Derivatives Association of India d... Fixed Income Money Markets and Derivatives Association of India c..com........ (i) Small and Medium Enterprises.......... kt Who was the chairman of the Committee which recommended the setting up of the National Co-operative Bank of India? iib m oc a........ Either (i) or (ii) d. Unsecured c..... Both (i) and (ii) Ans . admin@jaiibcaiibmocktest.... Secured b. www......com................ w w SME means .. None of the above m FIMMDA stands for: es t Ans .....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].... www...a ..........bankpromotionexams.......c o a..........com murugan0501@gmail.. www. Only (ii) c.b ... None of these ca A bond is normally ..... Foreign Exchange Money Markets and Derivatives Association of India b.onlyforbankers.com. B Shivaraman d............com.............com. 09994452442 171 .ja iib a....... ………………………………………………………………………………………………………………………………………………………………… www... admin@jaiibcaiibmocktest.....onlyforbankers...............jaiibcaiibmocktest... None of these Ans – c ... ..... Only (i) b.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… .com..b ....www.. Either a or b d..jaiibcaiibmocktest............ www.. (ii) Small and Medium Establishments a.bankpromotionexams.. ...... (ii) increased competition .. visiting friends d........com murugan0501@gmail........ visiting prospective customers Ans ..... proper planning b..... Only (ii) c.....com. after-sales service b.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] .jaiibcaiibmocktest... internal marketing ...www....com....com........ ca Market-driven strategy includes .......... www. teamwork d..... planning marketing tactics of peers c...com........ profession or business c.. Both (i) and (ii) es t Ans ...c o a..jaiibcaiibmocktest.d . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Aggressive Marketing is necessitated due to ..... www.com.. good communication skills c.. Only (i) b... iib a..onlyforbankers.... positioning the organization and its brands in the market place d............. oc iib m a. (i) Globalization........ w w w A call means: a......... www.b .....ja Ans ...onlyforbankers... Either (i) or (ii) d... ………………………………………………………………………………………………………………………………………………………………… www...bankpromotionexams.......bankpromotionexams........... identifying problems b... [email protected] ......... knowledge of products kt Efficient Marketing styles require . 09994452442 172 . www.......com.......... Ans ....... admin@jaiibcaiibmocktest..... .ja Ans .......onlyforbankers.. 09994452442 173 .com..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. www.. Only (i) b..d .... admin@jaiibcaiibmocktest........ Only (ii) c..... Publicity d... w w w The sole aim of marketing is to .............. (i) increase sales....bankpromotionexams... www... Call centres c....onlyforbankers...com..bankpromotionexams..... Either (i) or (ii) d..........jaiibcaiibmocktest........com... ability and willingness of the salesperson .....com......d ...com......... oc iib m a.... sizes of the sales team d.......... converting an employer into an employee d.. converting a prospective client into customer es t Ans . Both (i) and (ii) Ans .a ...... iib a.... www.........com.... Designing customer specific product b... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Conversion means: ............. ………………………………………………………………………………………………………………………………………………………………… www..com.... Ans ....... salary paid b...a .com.. Motivating the staff kt Customization is useful for ........ meeting a prospective client b... ca The performance of a sales person mostly depends on ..c o a............ sales incentive paid c...com murugan0501@gmail. admin@jaiibcaiibmocktest.. www........ (ii) increase profits a.www..jaiibcaiibmocktest... interacting with a prospective client c..... .c ....... ………………………………………………………………………………………………………………………………………………………………… www.com................. .......... information on the complaint.....c o a... www.com..... NSE b. BSE c..onlyforbankers. 6000 d... 4000 b......... kt The banking ombudsman may ask the concerned bank to submit ...bankpromotionexams.... www. 100 b.......onlyforbankers............. 09994452442 174 .... 7000 Ans .....www...... www...jaiibcaiibmocktest....................... iib m oc a......com..a ...d .....ja iib a...b ...... b...com........... None of the above w Ans ....... ca Interest rate futures were launched in India in ....... www.bankpromotionexams.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Commercial Banks are permitted to borrow to the extent of .......... 125 c. 150 d. Both a & b d.com... 175 Ans ... w w Normally the amount of auction for 364-day T-bill is .. evidences and documents in support of the reply to the complaint c...... crores a. all the above Ans .jaiibcaiibmocktest.....com...... es t .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... 5000 c.. [email protected]. % of their capital funds in the call/notice money market...... other related document d....com murugan0501@gmail... admin@jaiibcaiibmocktest. . None of the above Ans .onlyforbankers.. Regulated Payment System Ans ......1934 gives sole power to RBI to issue currency notes ...............com.. admin@jaiibcaiibmocktest.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Sec . www...............b ...com... Cash reserve and liquid reserve ratios c....c ...jaiibcaiibmocktest. www....... a........com.... Identify opportunities for further growth within the existing businesses b......c ...................bankpromotionexams........... Identify opportunities to build or acquire businesses related to the existing businesses c.. www. unrelated to the existing businesses d.bankpromotionexams... AMFI ca Who regulates the Insurance Business in India? .... Repo and Reverse Repo Rate d. of RBI Act......ja Ans ..onlyforbankers... kt Diversification Growth is defined as........ IRDA d. www. Issue of currency b.....jaiibcaiibmocktest.... admin@jaiibcaiibmocktest. w w w RBI exercises monetary control in India through....com..www.... RBI b.com.....com..... 09994452442 175 .... SEBI c.....com....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... iib a......c o a) 10 b) 18 c) 22 d) 26 es t Ans .. iib m oc a. Identify opportunities to add attractive businesses.... ………………………………………………………………………………………………………………………………………………………………… www........com.........com [email protected] . ........ Certificate to commence business d.jaiibcaiibmocktest............. d.c o a...bankpromotionexams....onlyforbankers..c .....com. One who acts as an agent for one maintaining a deposit account...... Brand marketing d..... 09994452442 176 .. [email protected] .com.. . Articles of association c...........bankpromotionexams...c ..onlyforbankers..com... Brand positioning b.www.. www.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Building a brand doesn't involve ..com.........com...... oc iib m a......... ………………………………………………………………………………………………………………………………………………………………… www.com murugan0501@gmail. Garnishee .. Trustee b............. www.. Brand name selection c..c ......... Certificate of incorporation kt Which of the following is not required in case of a private limited company? Ans . ca Creator of Trust is referred as iib a.... c.. w w w Who is the customer among the following? a. One who regularly gets Draft issued...............com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...... admin@jaiibcaiibmocktest.......... www...ja Ans ...... Settlor d..... One who regularly visits the bank.. Ans .. b.. Beneficiary c...... www. Memorandum of Association b..... Brand development es t Ans ....com........jaiibcaiibmocktest.... One who maintains a Loan Account.com....com....... com. www. admin@jaiibcaiibmocktest.. www.. Analysis oc kt The measurement and evaluation of progress against the goals and targets of plans falls under..... Which of the following action you will take? a..com....bankpromotionexams....... Pay the cheque d.. Minor Coparceners d.jaiibcaiibmocktest.... 09994452442 177 .. Diversification d..www............ja a..c ..com... www..com.. Market penetration w w Ans . ca Ans ............com............ Product development b...com. www..... Planning b....bankpromotionexams.onlyforbankers.com murugan0501@gmail. A cheque drawn by a Power of Attorney holder is presented for payment.. Only by a and b Ans .....c o a.............com. iib m a.. Market development c..... Adult Coparceners c......... [email protected] ..... It is considering which of the following strategies? w . Confirm the legal heirs of the principle ………………………………………………………………………………………………………………………………………………………………… www...... Control and review d.jaiibcaiibmocktest.....onlyforbankers.com... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m While opening an account in the name of a Joint Hindu Family a JHF letter is obtained.. Karta b..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... It will be signed by? es t .... iib ABC Company purchased Hear Music and began making compilation music CDs to play and sell in its stores.. Implementation c..... It has also tested new restaurant concepts.....a .. Return the cheque b. You come to known through reliable source that Principal has died. .onlyforbankers. Creditor.... a..ja The bank is required to comply with the execution of the award of banking ombudsman within the bank is required to comply with the execution of the award of banking ombudsman within. kt es t a....... % of their capital funds.bankpromotionexams.. 09994452442 178 ... 7 days b. None of these ......jaiibcaiibmocktest.. complaint is without sufficient cause...... complaint is not pursued with reasonable diligence......com [email protected] o Ans ......com.....Debtor ………………………………………………………………………………………………………………………………………………………………… www....... d.jaiibcaiibmocktest. .....onlyforbankers...com.d ..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m c.com....www..com. Relationship between Banker & Customer in case of Deposit Account is ........com.. c... 100 b...... there is no loss or damage or inconvenience suffered by the complainant.. 60days Ans .......... any one or all of the above iib m Fortnightly average borrowing outstanding of Commercial Banks should not exceed more than ...com.... The banking ombudsman may reject the complaint on the following grounds oc Ans ........ ca a... 150 d. 15days c.com....... w w w a..... 30days d. www..... www. 175 iib Ans .. 125 c.......... [email protected] ...........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]...... b..........b ..........bankpromotionexams.............. [email protected] .... www..... www.. .onlyforbankers.ja Ans ..c o m b......... [email protected] murugan0501@gmail.. 09994452442 179 .com....... iib a....... Promotion d....... d. Profit b..... www. www.. Bailer – Bailee c... which is the other one in 4Ps? w w w a......c . Homogeneous d. oc a.... Heterogeneity c.... Inseparability b.. Licensor – Licensee Ans .. price and place.bankpromotionexams. People Ans ...............com..........c . Debtor – Creditor d. www.. Apart from Product....www. kt iib m Ans .. On the death of A.......... B b..... Either a........ B and Legal heirs of A Jointly c... or b....b . 09994452442 ………………………………………………………………………………………………………………………………………………………………… ..com. ………………………………………………………………………………………………………………………………………………………………… www................ None of these es t There is a joint account in the names of A and B to be operated upon by both of them jointly.jaiibcaiibmocktest.........com.......onlyforbankers.......c .....com.. the credit balance in the account is payable to ...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail....... Perishability ca What can be a characteristic of Physical Products? ...jaiibcaiibmocktest.... Plan c.... [email protected].......... www.com..............com..bankpromotionexams...... .bankpromotionexams. Natural Guardian varies from religion to religion m Which of the following is not true in respect of Guardian to Minor? es t Ans .www... Two-way communication simultaneously possible) is .d .........jaiibcaiibmocktest..com............ oc iib m a........ a..e. Borrowing b....com.... Buying and selling of bullion d.........onlyforbankers..... Testamentary Guardian becomes effective after death of father and mother d......... www. Semi duplex or half duplex c.... www.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… .. Derivatives Markets d.. www..c o a.. Fixed Income Markets b.. ca FIMMDA’s general principles and procedures are applicable to: iib a.....d ..b ......com.com. Money Markets c. All of the above ...jaiibcaiibmocktest....... If Husband Minor c.bankpromotionexams.....com [email protected] ...com. w w w Mode of communication capable of receiving and transmitting at all time (i......onlyforbankers.......... admin@jaiibcaiibmocktest........... None of the above Ans ..........com... Duplex d...... Issuance of Letters of Credit c.......... ………………………………………………………………………………………………………………………………………………………………… www... 09994452442 180 .ja Ans .... Guardian of Hindu married minor girl – Girl’s Father-in-law....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail............ All of the above kt Which of the following forms of business are permissible under BR Act: Ans ..com............ www.com.. Simplex b. Guardian of Illegitimate minor child – Mother b....... admin@jaiibcaiibmocktest... ....... 3 c... To test the product in authentic consumer settings d.... kt Which is not an objective of Test Marketing? es t .....ja iib a. To learn the size of the market c.... CAS ca Sale or purchase of Govt Securities by RBI in open market is called as . 09994452442 181 ... www. To know how the consumers and dealers react to handling...d . All the above Ans .... www. [email protected] [email protected] o a......onlyforbankers...... using and repurchasing the actual product b.....com...... OMO d....... Equity shares b.com.. ………………………………………………………………………………………………………………………………………………………………… www................com..... Preference shares c...... Rights shares iib m oc a.....com... SCC c...com.... 4 d.. w w How many types are T bills are issued? a............com.. 5 Ans .......... w Ans .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail....... www..com..........c ..b .. www... . [email protected].. 2 b... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which one doesn't offer voting rights? Ans .....jaiibcaiibmocktest.......jaiibcaiibmocktest....onlyforbankers...........b .. Credit Planning b. Bonus Shares d.........bankpromotionexams.... .......www. admin@jaiibcaiibmocktest... 09994452442 182 ..... Simplex b.. Corporates b... None of the above Ans ... Beneficiary w Ans ..........com......jaiibcaiibmocktest.......... www.....c o a........ Semi duplex or half duplex c.....c .......... Applicant d... www.... FIs d.......... All of them kt Who is eligible to issue CPs? Ans .... www... PDs c. .com... Public Sector Banks b. Private Sector Banks d..ja iib a.......com.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] . are not Commercial Banks a..com. es t ...... www....... admin@jaiibcaiibmocktest..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Mode of communication capable of receiving and transmitting both but only one at a time is ..com murugan0501@gmail... ………………………………………………………………………………………………………………………………………………………………… www............bankpromotionexams.... Seller b..... w w ....... ca LC is issued by the opening bank on request of ..b .. Duplex d.. Foreign Banks Ans .... iib m oc a...com.........onlyforbankers..jaiibcaiibmocktest... Cooperative Banks c.onlyforbankers....com.......... Supplier c........com.....bankpromotionexams....d ..........com.. .... Discretionary c. www. www... Voluntary b....b .bankpromotionexams.............. Convertible c.. 09994452442 183 . NRY c..... a..... iib ... None of the above Ans .. requirement.bankpromotionexams... iib m oc a..com...............www.. PMRY ca NREP has been merged into : w Ans ...............c ............ www.com.... admin@jaiibcaiibmocktest........ 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The bank that makes payment to the beneficiary on receipt of documents as per terms of Letter of Credit is...c ...com. EAS b....jaiibcaiibmocktest. es t .. w w The deposit of cash under CRR requirement with RBI is ........onlyforbankers....... Negotiating Bank c...............com murugan0501@gmail.. www..com.... Mandatory d................. ………………………………………………………………………………………………………………………………………………………………… www.. Zero Coupon Ans .. [email protected] ....c o a...com...... Preference d...jaiibcaiibmocktest. Opening Bank Ans ..onlyforbankers....com.com. Confirming Bank d........ Advising Bank b...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. Coupon b.... kt Equity shares are issued on redemption of bond to the holder of ..ja a...... JRY d... bond.. 09994452442 184 .......www....... All the above Ans ..com murugan0501@gmail......... 30:50:20 ...........com........ Mutual fund Ans . w w w Bank can grant loans against . 30:20:50 b..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A direct marketing channel is also called ..... LIC Policy b. iib m oc a.. Target and customised communications and offerings c......... RIIs.. Three es t Ans ..jaiibcaiibmocktest. www.. FD issues other bank d. ………………………………………………………………………………………………………………………………………………………………… www....... Availability of information to customer b....com... NIIs and QIBs are in the ratio of iib a......jaiibcaiibmocktest.....bankpromotionexams.....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] o a. kt In the recent years..com.. a...com..... Two d.....onlyforbankers. One c........... Consumer has wider choices d..com..c ... 35:50:15 c....... Zero b..com.......ja Ans . admin@jaiibcaiibmocktest.. CDs c........ [email protected].... www..d .. ca In a book built issue allocation.... level channel .... www.... 35:15:50 d.....onlyforbankers...... important of marketing has increased due to .......com.......a .. www...........a ...com.. onlyforbankers.com.com... www... PP Forms b....com....... Controlling d. COD Forms Ans .com..... ………………………………………………………………………………………………………………………………………………………………… www... iib a.....bankpromotionexams.. All the above ca Marketing passes through the management functions of ........... 09994452442 185 ...2000 c.com.....2001 d. www......1999 b............com murugan0501@gmail.... www. .......d .2002 es t Ans ........ 09994452442 ………………………………………………………………………………………………………………………………………………………………… m CIBIL came into effect with effect from? ............onlyforbankers..b . admin@jaiibcaiibmocktest........www.....jaiibcaiibmocktest......bankpromotionexams... admin@jaiibcaiibmocktest. term deposits c...jaiibcaiibmocktest... www...com..... G R Forms c.ja Ans ......com....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] ................c o a... Planning c.com.................. w w w As per Foreign Exchange Regulation Act 1973 which one of the following forms is to be used by the exporter for declaring the exports made to all countries otherwise than by post? a.... credit card b..... senior citizen deposits d.....b ..... Analysing b.. No frills acct Ans ..... kt Which is not a retail deposit product? iib m oc a. V P Forms d.... .. Depends upon court order Ans .... 16 b...... oc iib m a...com. admin@jaiibcaiibmocktest.... w w w As per Sec 3 of The Majority Act. admin@jaiibcaiibmocktest.......... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which is not a characteristic of services? ...... ca What are the provisions of remuneration of the banking ombudsman ? . this will be determined by the RBI c...com..com..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].. www..........bankpromotionexams.......c . None of these kt Which one of the following Committees introduced the concept of weaker sections within the priority sector for the first time in India? Ans ..... Tangible c.. 21 d..com...com......ja iib a....... Krishnaswamy Committee d. all the above Ans ..... Nariman Committee c.. ………………………………………………………………………………………………………………………………………………………………… www.....www..... www...........d ....jaiibcaiibmocktest........ Perishable b... this has to be borne by banks proportionately d.onlyforbankers...... 09994452442 186 ..jaiibcaiibmocktest.....onlyforbankers.. Heterogeneous d............... www... a person below how many years of age is Minor in case guardian has been appointed by court? a.com [email protected] ........ 18 c.....b ...... Inseparable es t Ans .bankpromotionexams....com....... www.c o a....com... Ojha Committee b.. he is eligible for remuneration and other perquisites b.... ..... Tree Topology d.... should be stamped within how many months of its receipt in India? iib m oc a...c o a......... [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... www.com.. Appointed by Court in absence of a will to act through Letter of Administration c..com.. www.....com........ Wednesday of non-reporting week d. ....... kt A Power of Attorney PA executed abroad...onlyforbankers.......... Six Months Ans ....... Loop Topology Ans – b ..... On death of one of the Executors his powers are vested in surviving executors w Ans .c ..........com murugan0501@gmail. ………………………………………………………………………………………………………………………………………………………………… www... Two Months c.....www..com. w w Which one is a distributed control Network? a.ja iib a..onlyforbankers......com.........bankpromotionexams. Wednesday b.. admin@jaiibcaiibmocktest.......... www....................jaiibcaiibmocktest....com....b ....bankpromotionexams..... Performs the duty of realizing and distributing the assets of a deceased d... Three Months d............ None of the above es t Ans ...com... One Month b......com.. Wednesday of reporting week c.........a . Star Topology b. 09994452442 187 . ca Which of the following is not true in respect of Executors? .... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Normally the day of auction for 91-day T-bill is ...............jaiibcaiibmocktest......... Appointed by a testator through a will b.. Bus Topology c...... www. .........bankpromotionexams.... LAN d....d ..... iib m oc a..com.. iib a..... Network b. 7...... a.0 c.....onlyforbankers.. A Root Directory d....... kt ‘DOS’ floppy disk does not have .5 x 5... Virtual Memory Ans .ja Ans ..com murugan0501@gmail......... ca Credit card is a small plastic card of around ......d . Coaxial Cables b..0 d..........com. admin@jaiibcaiibmocktest. A File Allocation Table c. Topology c.bankpromotionexams....... www. www..com...com...........jaiibcaiibmocktest......5 x 5.. None of these es t Ans .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] b.... w w w The way devices are interconnected is known as ....c o a. 09994452442 188 ....5 x 5.......5 .. 8...............www.... cm............com..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Commonly used medium of communication in banking .b ............ admin@jaiibcaiibmocktest.... 8.. Telephone Lines d.. None of these Ans .onlyforbankers..........0 x 5. Fibre Optic Cable c..c .....jaiibcaiibmocktest... 7....com..com..... A Boot Record b..... www.. ………………………………………………………………………………………………………………………………………………………………… www.. www.com.. ..... can't be attached c....com.... Block Cypher d. Symmetric Cryptosystem b... Data Driven Attacks d... 09994452442 189 . Unauthorised Attacks b.... www.. can be attached b.com.. www.. A roaming current account kt In which account customer has the flexibility to select the number of installments and also vary his monthly installment amounts subject to certain conditions? Ans ...b ..... Digital Signature w Ans .... www..bankpromotionexams..... Asymmetric Cryptosystem c.com murugan0501@gmail......... balances held outside India ..com...... can be attached if ordered so by the court d.....www......a .........jaiibcaiibmocktest.. Fire Attacks Ans ....... None of these oc iib m a....... An EEFC account b.ja iib a....com....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...... ..onlyforbankers....... es t Ans ...com.com.............com...... A flexi deposit account d.. w w Firewalls are used to protect against a..... .......... ………………………………………………………………………………………………………………………………………………………………… www... www......bankpromotionexams......... admin@jaiibcaiibmocktest... ca RSA is .......com......c o a.........b ...jaiibcaiibmocktest. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m In Garnishee Order... admin@jaiibcaiibmocktest. A variable recurring deposit account c. Virus Attacks c.b ...............onlyforbankers... www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Minimum tenur of Government Securities is ...... days. .c o a. 1 b. 2 c. 3 d. 5 es t Ans - a ................................................. kt SCBs can lend to the extent of ...... % of their capital funds on any day. iib m oc a. 25 b. 50 c. 75 d. 100 Ans - b ................................................. ca Compiler is a ...... iib a. Package b. System Software c. Process d. Application Software .ja Ans - b ............................................. w w w If number of partners in a firm is 22 in respect of trading activity the firm is a. Limited company b. Large partnership c. Illegal association d. None of these Ans - c ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 190 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m CPs are issued normally for a tenure of...... .c o a. 30 Days b. 60 Days c. 90 Days d.120 Days es t Ans – c ............................................. kt The validity period of SEBI's observation letter for IPO offer document is...... iib m oc a. 1 month b. 2 months c. 3 months d. 6 months Ans - c ............................................. iib a. 1995 b. 1996 c. 1997 d. 1998 ca ECS-RAPID was introduced by RBI in ...... .ja Ans - c ............................................. w w w Smallest storage unit of a computer is ...... a. Bit b. Byte c. Nibble d. Pixel Ans - a ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 191 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m MICR was introduced in ...... .c o a. 1945 b. 1954 c. 1965 d. 1956 es t Ans - b ............................................. kt Reforms in the financial services sector were initiated on the recommendations of ...... Committee. iib m oc a. Jankiraman b. Narasimhan c. Tarapore d. Rangarajan Ans - b ............................................. ca Treasury bills are issued for a period of upto...... .ja iib a. 30 days b. 31 days c. 90 Days d. 91 days w Ans - d ............................................. w w Notice Money means money lent/borrowed between banks and entities like PDs for ...... a. 1 day b. 2-14 days c. More than 14 days d. None of these Ans - b ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 192 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m In bank’s parlance credit risk in lending is es t Ans - d ............................................. .c o a. Default of the banker to maintain CRR b. Default of the banker to maintain SLR c. Default of the banker to release credit to the customer d. Default of the customer to repay the loan kt Headquarters of SWIFT is at ...... iib m oc a.Newyork b.Paris c.Brussels d.London Ans - c ............................................. iib a. 1995 b. 1996 c. 1997 d. 1998 ca ECS was launched by RBI in ...... .ja Ans – a ............................................. w w w Digital Signature consists of ...... a. Message Only b. Random Number Only c. Both A and B d. None of these Ans - c ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 193 com... www..... (iii) likely sources for prospective clients Ans .....com. Licensor and Licensee d. ... Dr....com........... oc iib m a.a .. S....... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Online Marketing is the function of which of the following ... Tarapore Committee b................a ....... Principal and Agent Ans .. (ii) and (iii) kt Lead generation does not mean ......d ..... (i)... [email protected]...... www......... admin@jaiibcaiibmocktest.. Purchase section b................www. Drawer and Drawee c... Only (ii) and (iii) d... Trustee and Beneficiary b...ja iib a...bankpromotionexams...............jaiibcaiibmocktest. 09994452442 194 ...S..... Rangarajan Committee c.. A collective function of all staff es t Ans .....jaiibcaiibmocktest.... (ii) tips for better production... ca BCSBI is setup on the Recommendations of which Committee ..c o a..com........ w w Relationship of Banker with Payee of Draft a...com..com murugan0501@gmail....... Vijay Kelkar Committee d......com. (i) tips for selling tactics.onlyforbankers.onlyforbankers....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. ………………………………………………………………………………………………………………………………………………………………… www... IT Department d... Montek Singh Ahluwalia Committee w Ans .... Only (i) and (ii) b....a .com....... www... C. www............ Production Department c.. Only (i) and (iii) c... .com murugan0501@gmail. 15 Years d......... 09994452442 195 .. www..com.bankpromotionexams.. RBI b.. 10 Lacs and Suspicious Transactions are required to be maintained for a Period of ....... 10 Years c.com.com........com...... Section 45ZA ca Which Section of Banking Regulation Act........ 25 Years 01st August of Every Year is observed as ..... 1949 provides Nomination for Payment of Depositor’s Money? w Ans ........ www.jaiibcaiibmocktest.....bankpromotionexams... Central Bureau of Investigation (CBI) Ans – c ………………………………………………………………………………………………………………………………………………………………… www. Ministry of Finance c.. KYC Compliance Day b. Section 42 b.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m In terms of PMLA.........b .. FIU-IND d.. . Computer Security Day d.com..... iib m oc a.c o a..com... KYC Compliance and Fraud Prevention Day kt Ans ..... admin@jaiibcaiibmocktest. www.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] ... Banking Department......................... w w Suspicious Transactions Reports (STRs).......d ..onlyforbankers....com......jaiibcaiibmocktest....ja iib a.onlyforbankers.. Section 24 c. Section 110A d.... Ans ... admin@jaiibcaiibmocktest........... KYC Compliance and AML Day c.... Records of Cash Transaction of Rs.com.. es t ...... www.. is submitted to a. 5 Years b.www..... .b . 4000 b......bankpromotionexams.com murugan0501@gmail. To manage the acquired loans for the purpose of realization or holds them as investment till maturity Ans – d ………………………………………………………………………………………………………………………………………………………………… www... 5000 c....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].... CRA d.. [email protected]........ www.... iib m oc a....onlyforbankers..... the role of a Special Purpose Vehicle (SPV) is . 09994452442 196 ..c .... ca Basel II consists of three mutually reinforcing pillars viz.com..... To acquire such loans for a transfer price.. crores ..com...... minimum capital requirement..... supervising review of capital adequacy and the 3rd one is ....d .. w w In a securitisation deal. Paris Ans .. 6000 d.com. New York d....... London b.. a.onlyforbankers...... Washington c......com. www.....com.... ..ja iib a... 7000 es t Ans .... admin@jaiibcaiibmocktest...... www.....www.c o a..... with or without recourse d.jaiibcaiibmocktest.. USGAAP c. kt The head quarter of IMF is located at ....... To acquire large Non Performing Loans (NPA) b.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Normally the amount of auction for 182-day T-bill is ..... To acquire such loans from a bank or financial institution c....... Internal Audit b.....................com. www......com.. Market Discipline w Ans ............. ....com.. w w Normally the day of auction for 182-day T-bill is . ... b.........bankpromotionexams.. a.. oc iib m a....... www.. Either (i) or (ii) d. Only (i) b...... (ii) Non performing debts es t . www....jaiibcaiibmocktest...... None of the above w Ans .com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... Wednesday b.......bankpromotionexams.....jaiibcaiibmocktest..........c o a... [email protected] murugan0501@gmail. Highly safe b....com. High probability of default c. Wednesday of reporting week c.... [email protected] . ………………………………………………………………………………………………………………………………………………………………… www.... with the head office of the bank c.. Neither (i) nor (ii) Ans ........................c ..com. (i) Bookdebts.. within in the specified jurisdiction.....www......com......... with the consumer of the bank d..............onlyforbankers.. Can't say d... Only (ii) c.......onlyforbankers.b ......ja iib a.com............com.. ca A Corporate Bond which carry a rating of D is considered to be .. any of the above kt Under the banking ombudsman scheme a complaint can be lodged with the ombudsman ..... 09994452442 197 ...........a . Wednesday of non-reporting week d....... None of the above Ans . www......com.......... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Securitisation is a process of acquiring the loans classified as ... www......com....... Ans ... .. ..........bankpromotionexams......com...... Indian Banks Association (IBA) d... www.com..... 100% Direct Advance to Personal Segment kt Overdrafts granted against ‘no frills’ accounts in rural and semi-urban areas is classified as . [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] [email protected]..... w w w Forex is a ....b ............. 100% Indirect Advance to Agriculture Sector d......... 24 d......com........ 65 years d...... 62 years c.......com.......... Reserve Bank of India c... Ans ......c o a...www............ hour market......bankpromotionexams.....onlyforbankers... 50% Direct Advance to Agriculture Sector b. a.d ..... iib m oc a.......com. State Bank of India b. www..............com........ ca What is the provisions of remuneration of the baking ombudsman ? iib a. ………………………………………………………………………………………………………………………………………………………………… www.. admin@jaiibcaiibmocktest..... 68 years ..com......jaiibcaiibmocktest..ja Ans ......... www. 60 years b. None of the above Ans . www.. Government of India es t Ans ........ 09994452442 198 ....c ..jaiibcaiibmocktest.onlyforbankers..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Real Time Gross Settlement (RTGS) is managed by .. 100% Direct Advance to Agriculture Sector c...........c .. 8 b. 12 c. ..................... www.jaiibcaiibmocktest.. 01..ja iib a....bankpromotionexams..01... 31 c.... 50 d........1983 d.. banks/FIs/PDs.......................... www...1973 b... 01...com.. . www........ 09994452442 ………………………………………………………………………………………………………………………………………………………………… m LIBOR is not issued for .... www...... All banks b.01....b ......... Insurance Agents d....b .1984 Ans ......com....... ca Bancassurance can be sold to . Ans . 30 b... GB Pound c.....onlyforbankers....... USD b.. Japanese Yen es t Ans ....... ....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... w w FERA came into force with effect from ..com...c ....jaiibcaiibmocktest. [email protected] c.......onlyforbankers...com.... oc iib m a. INR d.d ........com. 01...com murugan0501@gmail.. 09994452442 199 ..01..bankpromotionexams... 01. All existing and prospective bank customers w Ans .......com.........c o a...com..... admin@jaiibcaiibmocktest. All insurance companies c..........01....com.www. a. ………………………………………………………………………………………………………………………………………………………………… www.. None of the above kt NSE MIBOR is based on the rates polled by NSE from a representative panel of ....... ...... all the above Ans .c o What are the provisions of remuneration of the banking ombudsman ? m Facebook Groups kt Which of the following is not a popular social marketing network? iib m oc a..com - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...... iib ..........com...d . .com....... SCB d..com...com..ja a...... www.com murugan0501@gmail. 09994452442 ………………………………………………………………………………………………………………………………………………………………… es t a...... Twitter d.. Holder for value d....jaiibcaiibmocktest. www. he is eligible for remuneration and other perquisites b...... None of the above Ans .. a......... [email protected]... DCCB c...... Holder in due course c............ this has to be borne by banks proportionately d... www..www. 09994452442 200 ... Collecting banker b. www..... admin@jaiibcaiibmocktest.. PACS b.onlyforbankers. this will be determined by the RBI c.... Paying banker Ans – c ………………………………………………………………………………………………………………………………………………………………… www. The banker is called. Facebook b...... Pinterest c....bankpromotionexams....... PLDB ca In respect of which one of the following co-operative institutions the percentage share of deposits in their total financial resources is the lowest among all the institutions given in the list? w Ans .d ..com.com......jaiibcaiibmocktest...com...b .................onlyforbankers.. w w Bank A allows one of its clients to withdraw against clearing of a cheque... b ....c .... c.....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...... regional rural banks.....b . Smart Card ca Total amount of transactions are accumulated and debited to the customer’s account in .... [email protected]. admin@jaiibcaiibmocktest.. Sec 34 Transfer of Property Act 1882 b. Sec 26 Negotiable Instruments Act 1881 d...... www..com.... oc iib m a.... Ans ............. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Any contract with minor is void ab initio in terms of which of the following Act? ... all these kt The banking ombudsman scheme covers the following banks........onlyforbankers..........com. ………………………………………………………………………………………………………………………………………………………………… www. Sec 6 of The Majority Act es t Ans .com.. Charge Card d... www. 50% of Tier I Capital c.d ..... iib a. 25% of Tier I Capital b...ja Ans .. www....... w w w As per Basel 2 Recommendations. 25% of Tier II Capital d.......com..bankpromotionexams.. 50% of Tier II Capital Ans .c o a.....jaiibcaiibmocktest...com [email protected]... ...... b..... S 11 of Indian Contract Act 1872 c.........com....bankpromotionexams........... Debit Card b..onlyforbankers................ co-operative banks.... a... Credit Card c...... www. scheduled commercial banks....... d.............jaiibcaiibmocktest...com.. 09994452442 201 ... the subordinate Term Debt are restricted to....com. ....... Corporate Banking b... 1979 b. www. www....c o a. a.........com......... [email protected].. 1987 d.ja Ans . Processing charges c.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] . ca Under PMRY scheme....com....... www........ which is not levied? iib a. All these years es t Ans . 09994452442 ………………………………………………………………………………………………………………………………………………………………… m In India........ www.. 1966 c...... 09994452442 202 ..... None of these Ans ......jaiibcaiibmocktest.................bankpromotionexams........a ...bankpromotionexams....com. Kandla d....com.......b .. Cochin c...com. both a and b d..com...... the drought in which one of the following years was categorised as ‘SEVERE’? ............onlyforbankers........ None of these .. kt At which one of the following centres one of the Software Parks is located? iib m oc a....www.... Personal Banking d. w w w The service provided by HSBC which allows the customer to access their accounts from a PC installed at his office or at their home is called .. Both a & c Ans .......com [email protected]. ………………………………………………………………………………………………………………………………………………………………… www.... Gandhinagar b. admin@jaiibcaiibmocktest..... Penal Interest b..com........c .... Hexagon c.. ....... 2 b...... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Communication software which allows free format messaging and file transfer on Banknet infrastructure is .. Indonet iib m a...............onlyforbankers.......com........... 3 c.5 Ans .......onlyforbankers. [email protected] ca How many types of diversification are generally observed? w Ans ............ www.............. 3 c..com...com murugan0501@gmail. 4 d... 4 d...........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... All of them oc Which one comes under Terrestrial cables? kt Ans . iib ... w w There are .. ………………………………………………………………………………………………………………………………………………………………… www.... admin@jaiibcaiibmocktest... Ans . Banknet c.jaiibcaiibmocktest. www..com.....c .....bankpromotionexams...bankpromotionexams. NICNET b..com.com........ www...... 09994452442 203 .... stages of branding in banking services.... es t .......ja a........www..com. Copper wire-pair b.......... a..........com........ Coaxial pair c.b .. www. Optical fibre d... 2 b...c ....jaiibcaiibmocktest.com.....d .c o a... RBI Net d. .jaiibcaiibmocktest.......b .... cash transactions b. None of the above Ans .03....onlyforbankers. Smart Card Ans ..... Charge Card d........... ………………………………………………………………………………………………………………………………………………………………… www. Credit Card c.com.....com..1999 d.. only APL members d....... 01... Debit Card b..bankpromotionexams... www.. ca Cash budget deals with ..c o a.1999 kt Ans .....com.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The customer has the option to pay the entire amount once in a month or pay in installments in ... .................... es t . admin@jaiibcaiibmocktest... non-cash transactions c. only BPL members c.....com [email protected] .........01.www..... 09994452442 204 .. SGYS scheme came into operation from ....04.1998 c.a .com.........1998 b.03. www...... [email protected].... both a and b d.............com........com.....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail............ w w Who are eligible for subsidy under SHG? a............04..onlyforbankers.... www..com..ja iib a.bankpromotionexams....jaiibcaiibmocktest. None of these w Ans .. 01..... All the members b.. 01..... www.............d . iib m oc a. www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m As per Indian Stamp Act, which one attracts stamp duty? .c o a. DPN b. Agreements c. both a and b d. Neither a not b es t Ans - c ............................................. kt Banking defines the acceptance of deposits should be for the purpose of ...... iib m oc a. lending b. investments c. lending and investments d. None of these Ans - c ............................................. ca Which one is not a component of ATM? iib a. Key-pad b. Cash Dispenser c. Deposit slot d. None of these .ja Ans - d ............................................. w w w An audiocassette manufacturer introduces computer tape manufacture is an example of ...... a. Concentric diversification b. Horizontal diversification c. Conglomerate diversification d. None of the above Ans – a ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 205 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Using a new brand name for a new product, either when entering a new product category or when it is felt that the existing brand power is waning is called as ...... es t .c o a. Line extension b. Brand extension c. Multi brands d. New brands Ans - d ............................................. oc iib m a. Permanent Index Number b. Personal Identification Number c. Personal Index Number d. Permanent Identification Number kt ‘PIN’ in Smart Card is called ...... Ans - b ............................................. ca The usage of word “ATM” in the banks denotes ...... .ja iib a. Automatic Teller Machine b. Automated Teller Machine c. Accounts Transacting Machine d. Automated Tallying Machine w Ans - b ............................................. w w Integrative Growth is defined as...... a. Identify opportunities for further growth within the existing businesses b. Identify opportunities to build or acquire businesses related to the existing businesses c. Identify opportunities to add attractive businesses, unrelated to the existing businesses d. None of the above Ans - b ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 206 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which one ensures high speed with laser beam light source? .c o a. Copper wire-pair b. Coaxial pair c. Optical fiber d. All of them es t Ans - d ............................................. kt In the maturity stage of its life cycle, the sales of a product ...... iib m oc a. Increases b. Declines c. Stands Still d. None of the above Ans - b ............................................. ca An audiocassette manufacturer starts manufacturing cassette holding trays is an example of ...... .ja iib a. Concentric diversification b. Horizontal diversification c. Conglomerate diversification d. None of the above w Ans - b ............................................. w w Which of the following statements is correct regarding banking ombudsman scheme? a. it is an opportunity to public to redress their grievances of banking services b. it is an additional grievances settlement mechanism c. it is not substitution of consumer protection ant. d. all the above. Ans - d ............................................. ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 207 www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected], [email protected], 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The objectives of the banking ombudsman scheme are; iib m oc a. the customer himself b. the authorized representative of customer. c. (a) or (b) above d. all the above es t Who can make the complaint to ombudsman? kt Ans - d ............................................. .c o a. to promote settlement through conciliation b. prompt settlement of customer grievances . c. inexpensive settlement of grievances. d. all the above. Ans - c ............................................. ca Which of the following is not true in respect of Married Woman? iib a. Married woman may extend guarantee on behalf of third parties b. Married woman cannot be arrested or imprisoned for non-payment of judgement debt c. A married woman dependent on husband cannot be adjudged as insolvent d. Personal assets of a married woman are not liable for any loan availed by her .ja Ans - d ................................................. w w w Which of the following is the first step in the 'transaction processing cycle', which captures business data through various modes such as optical scanning or at an electronic commerce website? a. Document and report generation b. Database maintenance c. Transaction processing d. Data Entry Ans – a ………………………………………………………………………………………………………………………………………………………………… www.jaiibcaiibmocktest.com, www.bankpromotionexams.com, www.onlyforbankers.com [email protected], [email protected], 09994452442 208 Marketing is redundant in monopolistic companies b.... 5%.. www.....jaiibcaiibmocktest.. www................ Flat owners c.. A mission statement is part of the Company's Prospectus m Find the correct statement....... Individual wanting to buy a flat or house ..d ...... 5% b.... Builders b.. The performance of a salesperson depends on the amount of incentives paid c.. All professionals c......bankpromotionexams...com... www.. [email protected]... iib a......... 09994452442 ………………………………………………………………………………………………………………………………………………………………… ........bankpromotionexams.......... Marketing is influenced by peer performance d..... No additional exposure without RBI approval Ans ........jaiibcaiibmocktest..... kt The target group of the SME loans is ....onlyforbankers.... 10% c...onlyforbankers.com.ja Ans ..com......... ca Home loans can be best canvassed among . 10%...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... admin@jaiibcaiibmocktest...... 09994452442 209 .a ........ 10% d........ w w w How much additional exposure is permitted in exceptional circumstances with the permission of the Board of Directors of the bank in case of exposure to single borrower or group? a..com.. www.. All businessmen b. es t Ans ......com.com. iib m oc a......... All SSIs d...com murugan0501@gmail.... 5%.. All of the above Ans . ………………………………………………………………………………………………………………………………………………………………… www...c o a...www.c .........d ..com....... Land developers d......... ........com.. Statutory Liquidity ratio ………………………………………………………………………………………………………………………………………………………………… www.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. asset management companies oc The small companies/organisations that have been created exclusively to deal in govt. all the above Ans ..... 09994452442 ………………………………………………………………………………………………………………………………………………………………… ... cash and bank balances b....www.com...... Rs 25 lakh and above c.jaiibcaiibmocktest. gold coins and bank balances c..... bullion and foreign securities d.com murugan0501@gmail..... admin@jaiibcaiibmocktest. www.. www... [email protected] o m Upto how much amount loan can be sanctioned by appropriate authority within powers delegated to him to any relative of their own director or directors of other banks or relative of director of other bank? es t a...c .... Cash Reserve Ratio b.... mutual funds c. NBFCs b......c .. up to Rs 25 lakh b.. 09994452442 210 . RBI makes use of(which one is excluded): a........ iib As a cover for bank note issue..... Less than Rs 25 lakh d... www.com.onlyforbankers....com. securities are called: ca Ans ..com..jaiibcaiibmocktest.com........... gold coins. None of these as loan to relatives of bank's directors can not be granted without RBI permission kt Ans ...com...onlyforbankers...com.... RBI keeps some minimum value of total approved assets in the form of: w w w .... www... For controlling inflationary or deflationary situations in India..........ja a............. primary dealers d..... cash....bankpromotionexams......bankpromotionexams.........c . iib m a. ..... You come to known through reliable source that PA holder has died.com...onlyforbankers....com murugan0501@gmail. www. Maturity . www... www...........www....... sales are zero and the company’s investment costs mount? iib ca a.....com......b .com.... None of these es t A cheque drawn by a Power of Attorney holder is presented for payment...... [email protected] ....... One of the objective of Style improvement is ...bankpromotionexams........onlyforbankers.... [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail..... oc kt a.com... Product development b.. Return the cheque as agency is terminated b...... Liquidity adjustment facility ......... w w w a.. iib m Ans ...com...... ………………………………………………………………………………………………………………………………………………………………… www......jaiibcaiibmocktest... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m c.a ..... Introduction c..ja Ans .............. www........... Durability d......com.. Growth d.bankpromotionexams..... Which of the following action you will take? In which of the following product life cycle stages....com..c o Ans . Aesthetic appeal c.. Open Market operations d. Convenience Ans ... 09994452442 211 .com... Products' versatility b... Pay the cheque after obtaining Principal’s confirmation d... Pay the cheque as Principal is alive c..b ......... ....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] ....bankpromotionexams. www........www... Product d.......com. www. is performing two distinct roles in context of money market that include: es t ............ Hyderabad d. handling govt.. Multi brands d....... Price b............. Nagpur b...d . business and maintaining price stability d. New brands kt Introducing additional brands in an existing product category is called as . monetary control and banking supervision b.......a . RBI in India ......com murugan0501@gmail. People c............com. ………………………………………………………………………………………………………………………………………………………………… www. www..............com.....c .com...onlyforbankers.... ca Which one is not a part of Marketing Mix (4Ps) . Ans .......... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The central banking authority i...jaiibcaiibmocktest.......com...c o a. admin@jaiibcaiibmocktest..................e.......onlyforbankers.com. banking supervision and financial stability Ans ... 09994452442 212 .........jaiibcaiibmocktest....ja iib a... a..... Brand extension c. Ahmedabad Ans . admin@jaiibcaiibmocktest. w w Banknet doesn't link ...... Place w Ans ......... issue of currency and maintenance of CRR c. Line extension b......com....... oc iib m a..com. Bangalore c. www. admin@jaiibcaiibmocktest... AMFI c.......onlyforbankers.d ....... www......................com....c . INET c. Magnetic Ink Character Recognition b..... RBI d... w w w The regulator for Mutual Funds in India is....... www. Magnetic Information Cable Recognition d..ja Ans ..com.......... ………………………………………………………………………………………………………………………………………………………………… www......... admin@jaiibcaiibmocktest...... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Banks access Banknet with ..com. Magnetic Insurance Cases Recognition ....... iib a..com... .com...com.......jaiibcaiibmocktest.......com... SEBI Ans . COMET d............ 200 b... ca ‘MICR’ technology used for clearance of cheques by banks refers to .jaiibcaiibmocktest.. INDONET es t Ans ... 400 d....com.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] . kt The message transfer utility of COMET enables ... 09994452442 213 .. users to login at a time at each node.. 4000 Ans ......... FIMMDA b.. iib m oc a..c o a.......com murugan0501@gmail....... Magnetic Intelligence Character Recognition c.......bankpromotionexams...... a. www.c ............ RBI Net b. 2000 c.........onlyforbankers...... www......... .... Credit Cards d.........com.......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail...... E-purse Ans .. Vault Cards c.........com.com murugan0501@gmail....... A bank b.b ...bankpromotionexams... Limited c......... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Individual customers are covered by ....d ..com.... 09994452442 214 . iib a... An insurance company c.d . www. www... admin@jaiibcaiibmocktest. shares is called iib m oc a. Personal Credit Bureau b.. Debit Cards b.jaiibcaiibmocktest.. ………………………………………………………………………………………………………………………………………………………………… www........ bonds......onlyforbankers.......com..com........ Consumer Credit Bureau c...jaiibcaiibmocktest.onlyforbankers.... a...ja Ans ..www..... Commercial Credit Bureau es t Ans ...... Universal d...com.........com.. www. Mutual Fund Ans .. of CIBIL................c o a......... Retail Credit Bureau d...................bankpromotionexams. . kt A company which pools money from investors and invests in stocks. www..... General b.. None of these ca Which is not a type of P/A generally granted? ......a .... admin@jaiibcaiibmocktest...... w w w “Buy Now – Pay Now” is commonly used for .... Bancassurance d...com..... .. 7-layers d. Ans ......... ca Loan Delivery System is applicable in case of borrowers enjoying : iib a. either a or b d... cash Receipts b. www..... 09994452442 215 .www..c o a....... ………………………………………………………………………………………………………………………………………………………………… www...... www.........com. c....jaiibcaiibmocktest...... kt Open Systems Interconnection (OSI) Model consists of .. www..............com..com........ working capital credit limits of Rs 10 crore and above from a bank........com.a ...onlyforbankers....d .... fund based limits of Rs 10 crore and above from a bank. w w w The monetary and credit policy statement of RBI is called: a..com [email protected].. 10 crore and above from the banking system b... 6-layers c..........com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.. both a and b iib m oc a..... Annual Policy Statement b. www.......onlyforbankers....... admin@jaiibcaiibmocktest...... cash payments c... None of these Ans ......... es t .....ja Ans ......... fund based limits of Rs 10 crore and above from the banking system d. Credit policy of RBI c...... working capital credit limits of Rs....com.... [email protected] . Economic Policy d. 5-layers b...bankpromotionexams........com.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Cash budget is a payment of . ... 8-layers Ans ......bankpromotionexams...c .jaiibcaiibmocktest... corporate securities c.................c o a..ja Ans .... term money d......... repo rate and reserve repo rate Ans ..........com..... ………………………………………………………………………………………………………………………………………………………………… www..... admin@jaiibcaiibmocktest.. w w w Monetary control is exercised by RBI in India through: a.. cash reserves and liquid reserve ratios d.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which of the following cannot be included in the definition of a financial intermediary? .......com....www...bankpromotionexams.........com.com.... bonds issued by the govt. www..jaiibcaiibmocktest.... call or notice money b.c .. b... banks and non-bank finance companies b....c ...d . bonds issued by public sector undertakings c... kt Which of the following cannot be included in the money market? iib m oc a.. financial institutions c.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. issue of currency c... 09994452442 216 ..............com.. [email protected]....... debentures ....onlyforbankers........... certificate of deposit d... companies engaged in manufacturing of good es t Ans ..bankpromotionexams...onlyforbankers......com murugan0501@gmail.. treasury bills Ans . www...... ca Which of the following is part of the money market? iib a...com.......... payment system b. mutual funds d......com....b ......... www.......... www..com. .. regulator of insurance companies b....jaiibcaiibmocktest.com.... ca Which of the following function is not carried by IRDA in India? iib a... www..com................... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Supervision over the depositories and stock exchanges is the role of: ... [email protected].... ………………………………………………………………………………………………………………………………………………………………… www.......... regulator of insurance products c........... PFRDA es t Ans ... SEBI d...onlyforbankers... [email protected] ......b .... supervision of the general insurance market .............com.onlyforbankers. financial institutions c.... RBI b... www. asset management companies d......c o a.......com....bankpromotionexams.......ja Ans ... regulation over the funds managing pension d............. w w w Which of the following have been created to provide long term funds for industry or agriculture: a....www.. www..... regulator of capital market -SEBI c........c . 09994452442 217 .. regulator of forex market -SEBI kt Which of the following does not match? Ans ..... mutual funds b......... IRDA c..... regulator of money market -RBI d.com..... www...com [email protected] Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]. regulator of insurance market -IRDA b... oc iib m a. non-bank finance companies Ans .d ..com.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which of the following function is not carried out by RBI? ...com... 09994452442 218 ...com..... at present: iib a...d ...bankpromotionexams... none of above Ans . b.. certificate of deposit c..com..onlyforbankers...... none of above ...... www.. kt Which of the following is an important reason for regulation of banking system? iib m oc a..com.. www........ all the above Ans ........ bank of govt.... buffer stocks of sugar c............. unreleased stocks of sugar with sugar mills representing free levy sugar d...bankpromotionexams...... to ensure that the financial markets are efficient and transparent d.... commercial paper b.....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... management of Govt Debt es t Ans -b ..... lender of last resort to banks d. ………………………………………………………………………………………………………………………………………………………………… www.onlyforbankers..com.....com. FDR issued by other bank d........d .....c o a......com [email protected]. ca Which of the following is not covered under selective credit control.. www..... www......... admin@jaiibcaiibmocktest........ w w w Against which type of following security..jaiibcaiibmocktest...ja Ans -a ..... [email protected]............... sugar b. raising deposits from public c........ the banks can sanction loans: a.......com..........com.... to protect interest of the investors c. to promote confidence of public in banking system b...... bankpromotionexams.. % on any day in the call/notice money market..........d .. 1 b.. credit authorization scheme c.a ....com......... all the above kt Which of the following is no more used by RBI as a tool for regulation? Ans ........com............... a.... inventory and receivables norms d...........com.... oc iib m a................jaiibcaiibmocktest..bankpromotionexams..com.. .......... an appeal to the bank Ans ... a judicial decision......... [email protected] murugan0501@gmail..... 2 c. ca Co-operative Banks can lend to the extent of .com.....d ..com... d.com..www.... 3 d...onlyforbankers. www..d ...... MSF rate d. b............ an order on the bank .. w w An award of banking ombudsman is..... repo rate b................ ………………………………………………………………………………………………………………………………………………………………… www. an arbitrarily order c. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The rate at which RBI purchases or rediscounts bill of exchange or other eligible commercial instrument from banks is called: es t ..ja iib a.. [email protected]. No limit w Ans ..c o a.onlyforbankers.... www.... www. credit rationing or credit allocation b.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]..... 09994452442 219 ........ www... reverse repo rate c. bank rate Ans . ..... d.... admin@jaiibcaiibmocktest............ ....... 1 b.....com.... banking ombudsman does not have unlimited powers to allow compensation... www....bankpromotionexams.c . 30 es t Ans ....com..jaiibcaiibmocktest.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The minimum tenor of issue of ICDs can be ... b....... ..ja Ans ....onlyforbankers.a . no compensation will be awarded in excess of that which is necessary..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]. kt Which of the following are the norms of awarding compensation by the banking ombudsman ? iib m oc a.......... [email protected] .. 1 b. all the above Ans .... 3 d.... 7 c..com.. 14 d...... 2 c.. 2001 c. iib a. www. 2000 b................ 09994452442 220 .bankpromotionexams....... www.........www............com. the maximum limit of compensation is Rs.com [email protected] o a....... days..com.onlyforbankers...... ………………………………………………………………………………………………………………………………………………………………… www.......... w w w The banking ombudsman scheme 1995 was amended in a.... 10 lac c...com........jaiibcaiibmocktest. ........com....b .. 4 ca Interest rate futures were launched with a minimum value of Rs.. 2004 Ans . lakh/s....................... www.. 2002 d.. Amalgamation Ans ... www...www....c o a........com [email protected] Ans ...... Interest Rate d.d ...... [email protected]. Narasimhan c................... www... None of these Ans . iib a.....com....jaiibcaiibmocktest. Rangarajan es t Ans . 09994452442 221 .....jaiibcaiibmocktest..... www. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m BCSBI has been set up on the recommendations of ...c . borrowings among banks for . Tarapore d............... w w w The combination of two or Companies into a single Company where one survives with it’s name (or a combined new name... 1 day b.............b .c ..................... more than 14 days d..... iib m oc a... 2-14 days c.. Combination d...bankpromotionexams... Diversification c.........com.. Credit b.... admin@jaiibcaiibmocktest........ www............onlyforbankers........onlyforbankers..... and others lose their corporate existence is known as a..... All the above ca Under forfaiting.com.....com....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail... Political c.... the exporter is able to transfer .com. risk..com. ………………………………………………………………………………………………………………………………………………………………… www...... Jankiraman b. kt Inter-Bank Term money means.. .. ... Merger b.com. Committee..com. b ........ www... Attested by manager who confirms and certifies thee same...... We cannot accept a mandate from an illiterate customer at all.... .. [email protected] iib a.. New Delhi c. ca National Clearing Cell of the RBI is located in ........ Calcutta d....com..... 09994452442 222 ....... ………………………………………………………………………………………………………………………………………………………………… www...........c o a............... Amalgamation c................ Chennai w Ans ..com....a ................ d.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. Strategic Alliance d......onlyforbankers. www..... www.com.com..com.....com... c........ Subsidiary iib m oc a.. Attested by Notary public or Magistrate.d ... Data Mining Ans ...... Data Leakage d...... www....com [email protected] ... admin@jaiibcaiibmocktest...... Data Didling b..jaiibcaiibmocktest. Mumbai b.com. b.bankpromotionexams. Ans .. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m A formal and mutually agreed commercial collaboration between Companies is known as Ans . kt Mandate given by the illiterate account holder should be es t ...onlyforbankers......www... It is enough if we ask for a Mandate letter with LTI which has to be attested an authorised official..bankpromotionexams......... Merger b......com..... Data Spying c.... w w Data related to crime does not incorporate a. ....com...... None of these Ans .. Managing Govt Debt b. admin@jaiibcaiibmocktest. es t ..com........ Raising deposit from public d....onlyforbankers.com.....com.......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail........... UK c........... Application Level c............onlyforbankers.d ..... Lender of last resort to banks w Ans ..... USA b... Brazil kt CHIPS system is set-up in .... ca Which of the following is not a function of RBI? ..... Operational Level d...c .....jaiibcaiibmocktest... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m The management level responsible for making long range strategic decisions about which products and services to produce is the ..jaiibcaiibmocktest.... Bankers to Govt c.............com [email protected] ......... Top Level Ans ... www.. Fedwire c.. w w Which is the main fund transfer system in the USA? a....b ... www.. iib m oc a.. 09994452442 223 ....... Hong Kong d... Technology Level b........ www. [email protected] iib a............bankpromotionexams. POS d..com.....com. Ans ..www.com.......... Bankwire b...... www.c o a. ………………………………………………………………………………………………………………………………………………………………… www.com......bankpromotionexams..... ..c ....com [email protected] . www.... d.com...... w Ans . iib m oc a. a.. High Net worth Individual d. . A dies and a cheque signed by A and B are presented for payment..c o es t a.. c..............bankpromotionexams..jaiibcaiibmocktest.... Can be paid after getting the consent of the legal heirs of A........... kt Export credit target for domestic commercial banks is ...... Hindustan National Investment b...ja iib a.......com...... www..... High National Investment c.....www..... 10 % b....com....... None of the above Ans ....b .... w w HNI stands for ........... Can be paid.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected].. www........ admin@jaiibcaiibmocktest.. Can be paid after getting confirmation from B.... 12 % c......... 09994452442 224 ..com..... 20 % d.... None of these ca Export credit target for foreign banks is .com... b.bankpromotionexams......... of ANBC......onlyforbankers...com.. None of the above m A joint account is operated by A and B as both or survivor... 20 % d..onlyforbankers. 10 % b. 09994452442 ………………………………………………………………………………………………………………………………………………………………… ........... of ANBC.. 12 % c.....com........ www........ None of these Ans – d ... [email protected]. The cheque Ans .. ………………………………………………………………………………………………………………………………………………………………… www. .. ………………………………………………………………………………………………………………………………………………………………… www..c ............ Competitors’ policy c.....com murugan0501@gmail. Supervision over FIIs d....... [email protected].. Price elasticity of the demand of the product b..com...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]. oc iib m a.....ja iib a......bankpromotionexams...c . www...com.. Competition-based pricing d...........bankpromotionexams. Supervision over NBFCs c..... Management of Payment System Ans ....... 30 days from the date of creation of charge d....... 30 days from the date of sanction b... Social considerations Ans ....com...onlyforbankers.. 60 days from the date of sanction c...onlyforbankers......... ca A charge created on the assets of the Company is required to be registered with RoC within how many days? ..... Cost-based pricing c............www........ www.com. www.. Value-based pricing b..a ..c o a. w w Which one of the following doesn't come under the functions of RBI in India? a..b ....jaiibcaiibmocktest............. 60 days from the date of creation of charge w Ans ...........jaiibcaiibmocktest.. Regulating the Money Market b... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which of the following is the internal factor influencing pricing? Ans ..........com.com. 09994452442 225 ....... Going rate pricing kt Markup pricing comes under which of the pricing method? es t . Bargaining power of suppliers d.. admin@jaiibcaiibmocktest............. www. .jaiibcaiibmocktest..com. When the activity is same d. www......bankpromotionexams. Under Dayabhaga School he/she acquires the right in JHF only after father’s death d......com........bankpromotionexams.......www. When the two firms have some common factors c.....com... w w Two firms are said to be identical when a... www.. All members of the family are called coparceners including mother and daughter-in-law w Ans – d ...com murugan0501@gmail. Which of the following is not true in respect of Joint Hindu Family? ... It is governed by two schools of Hindu law – Dayabhaga & Mitakshara b.. admin@jaiibcaiibmocktest...... Control – implementation – market planning b............... www.... condition or habit of placing trust or confidence in another shows which of the following options? iib m a. Behavior d....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. Marketing planning – implementation ....control Ans .....ja iib a........ Market planning – control – implementation c...... every son/daughter of a coparcener acquire a right in JHF by birth c.... Implementation – control – market planning d..... www.jaiibcaiibmocktest........com.. Belief c..com.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which of the following sets refers to the order or sequence of marketing management functions? es t ..... oc kt The mental act..com.....com..com..c o a... Partners of the two firms are same b.....onlyforbankers.....d .. 09994452442 226 . [email protected]... Attitude ca Ans ....d .. When the address is same Ans – a ………………………………………………………………………………………………………………………………………………………………… www. Under Mitakshara.... Motive b. Boston Consultancy Company w Ans ..jaiibcaiibmocktest..com.d .......bankpromotionexams.bankpromotionexams..... [email protected]... ca Which Consultancy Company is working on Restructuring the Financial and other Operations of NABARD? ..... FMC d.com. kt Who is the Governing Body for the New Pension Scheme? es t ..... If Husband Minor c.. RBI c....com....... ………………………………………………………………………………………………………………………………………………………………… www.... www.com... Natural Guardian varies from religion to religion m Which of the following is not true in respect of Guardian to Minor? iib m oc a.........www..d .b ..... (ii) stolen card (iii) misplaced card a.. Testamentary Guardian becomes effective after death of father and mother d... Standard & Poors c.............. Guardian of Illegitimate minor child – Mother b.. Guardian of Hindu married minor girl – Girl’s Father-in-law.......... www..... (ii) and (iii) Ans . PFRDA Ans .. admin@jaiibcaiibmocktest... www.............. Only (ii) and (iii) d.................... Ernst & Young d. 09994452442 227 .onlyforbankers.. Only (i) and (iii) c............com..com.........jaiibcaiibmocktest.....c o a.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… Ans . www...onlyforbankers.......com. w w The term 'hot listed card' refers to ..... (i).com murugan0501@gmail.................... Only (i) and (ii) b.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail.... (i) lost card..d . SEBI b....ja iib a.. McKinsey b.... ... www... Only (ii) c...com...... Either (i) or (ii) ………………………………………………………………………………………………………………………………………………………………… www...com.... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Which of the following Act give/s legal recognition to a digital signature? (i) Information Technology Act..onlyforbankers... (i) Internet crimes.. (i) Variable small aperture terminal.......... (ii) Very small aperture terminal w ...ja a.. Either (i) or (ii) d........ oc kt If a complainant does not get satisfactory response from the bank within ___ days from the date of his lodging the complaint..... Both (i) and (ii) w w Ans ..... www...www... 45 Days d.....com murugan0501@gmail. Only (i) b.com..com.b .. The frauds and other kind of crimes that happen on the internet network are called ... 15 Days b...com......... Only (ii) c...... Only (ii) c... 60 Days ca Ans ....jaiibcaiibmocktest. Only (i) b. Either (i) or (ii) d.. www..........com..........c o a... iib m a........ 30 Days c.. Only (i) b.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]................ admin@jaiibcaiibmocktest. iib The term VSAT stands for .com.. (ii) Indian Evidence Act es t .onlyforbankers...b ...... [email protected]...... 09994452442 228 .com.. www.. Both (i) and (ii) Ans – a .jaiibcaiibmocktest.... (ii) Cyber crimes a..... he will have the option to approach the Office of the concerned Banking Ombudsman for redressal of his grievance..... ..... structured finance ………………………………………………………………………………………………………………………………………………………………… www. (ii) and (iii) iib m Lien is not a/an . (i) Physical safety.... (i) right.. Either (i) or (ii) d..................com. (ii) Audit trail w w w a.com......www...... [email protected]..... www..... Both (i) and (ii) Ans ..jaiibcaiibmocktest..... (ii) authorised access....bankpromotionexams....... ...com...... admin@jaiibcaiibmocktest.. of the creditor to retain possession......c ..... Only (i) and (ii) b.......a .................com.ja Use of computer can be traced through a process which is called as ............. (i)..com murugan0501@gmail.... Only (i) and (iii) c.......c o Ans .... (i). es t The firewall technology is not used in connection with ...onlyforbankers.b ... www........ Only (i) and (iii) c......com... www...... Both (i) and (ii) . (i) Computer audit.. Only (i) b...bankpromotionexams.... (ii) obligation.... (ii) and (iii) ca a..com.. Which of the following is value added service as part of wholesale banking? a. www..com. 09994452442 229 ...com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] ...... kt a.. Only (i) and (ii) b....... Only (ii) and (iii) d..... (iii) Protection of computer network from intrusion by hackers oc Ans . (iii) instrument iib Ans .... Only (ii) and (iii) d. Only (ii) c....com..jaiibcaiibmocktest.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m d.... Only (i) and (ii) b.. (ii) and (iii) ......... www..c o m b... Only (i) b... Only (i) and (iii) c........... 09994452442 ………………………………………………………………………………………………………………………………………………………………… .www. (ii) and (iii) ca Which of the following incident can be treated as part of the cyber crime activity? (i) Misusing a credit card.....com......... 09994452442 230 ...a . w w w Transferee will not get a better title than that of the transferor in ... ………………………………………………………………………………………………………………………………………………………………… www....... es t The payment system in which there is a single debit and multiple credit ......onlyforbankers.. www.. (ii) Not Negotiable a.. www. Only (i) and (ii) b.com....com.............. (i)....bankpromotionexams... Only (ii) c. (ii) Transmitting unlawful data from one part of the globe to another (iii) Using the network for drug trafficking iib a....B ... letter of credit Ans .....b . admin@jaiibcaiibmocktest.. oc kt a. channel financing c.. (i) Electronic clearing service... Either (i) or (ii) d.... (i).......... (ii) SWIFT (iii) Payroll Processing iib m Ans ..... Only (ii) and (iii) d..com....... Only (i) and (iii) c...bankpromotionexams.. supply chain management d..jaiibcaiibmocktest.......................com.. www..... crossing...onlyforbankers..... (i) Payees account only.ja Ans ....com [email protected]. Only (ii) and (iii) d. Both (i) and (ii) Ans – b ......com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail. admin@jaiibcaiibmocktest.................... .bankpromotionexams.....com.......com....com.. A dies.. (ii) and (iii) w w w Ans . (ii) X..... (i). www.. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Locker operated by A & B with either or survivor instructions.....ja a.com.. 09994452442 231 ... admin@jaiibcaiibmocktest....... (iii) Choosing the right products .......... Only (i) and (ii) c. Only (i) and (iii) ………………………………………………………………………………………………………………………………………………………………… www... Only (i) and (iii) c..com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected]..... (ii) Deciding the selling price.... admin@jaiibcaiibmocktest. Only (i) and (ii) b..com murugan0501@gmail. Payment will be made to (i) B....... depository receipt c..onlyforbankers...... You can't ... A & B are friends aged 14 & 15 respectively......com.d ...bankpromotionexams. (i) and (iii) Ans ..... Y is the son of A..... participatory note oc kt The negotiable financial instrument which is traded on a stock exchange of another country but represents security issued by foreign listed company is called: ca Ans – b .......... cross listed stock d.c o a.. Only (i) and (ii) b.. Only (i) b... (i) Allow them to open a joint account to be operated jointly. Only (ii) and (iii) d.. They want to open a joint account in your bank........ (ii) Allow them to open a joint account with operating instructions Either or Survivor... iib m a. Nomination done by A in favour of X..com.. www. (iii) X & Y es t . (i) Deciding proper marketing strategies.......com..com.....jaiibcaiibmocktest.. (iii) Allow them to open a joint account with operating instructions Former or Survivor a... www.....www.a ...... Only (iii) d.... www. buyers credit b...jaiibcaiibmocktest... iib Market research is useful for ... (iii) e-mails solicitation iib ca a.. www....com.....bankpromotionexams.. Short term finance d... 09994452442 232 .. Only (ii) and (iii) d... admin@jaiibcaiibmocktest....... (ii) tele-marketing...... (i)..ja Ans .... 09994452442 ………………………………………………………………………………………………………………………………………………………………… m c.......jaiibcaiibmocktest.......d .... Only (i) and (ii) b....com..... ………………………………………………………………………………………………………………………………………………………………… www.............jaiibcaiibmocktest......b .. es t Customization does not mean .... (ii) and (iii) Modern style of marketing include .. (i)...........com....bankpromotionexams......... www....d .... Only (i) and (iii) c........ (ii) special products to suit each customer.com... Temporary loan c.. www.....com..com.onlyforbankers. a......... Ways and Means advance Ans ........ admin@jaiibcaiibmocktest...... (iii) more products per customer iib m Ans ... Only (i) and (iii) c.. Only (i) and (ii) b...... Only (ii) and (iii) d... www....com.com.. (i) acquiring more customers. (i)....com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] .. Only (ii) and (iii) d........com [email protected]. w w w Temporary financial assistance availed by a State Government from Reserve Bank of India is called as . (i) digital marketing. Overdraft b........c o Ans .....www..... oc kt a..... (ii) and (iii) ... (ii) and (iii) . . ………………………………………………………………………………………………………………………………………………………………… www...onlyforbankers.com murugan0501@gmail... (i) Name of card holder...bankpromotionexams. www..com.. Allied to indirect Agriculture oc kt Bank loans to Large-sized Adivasi Multi Purpose Societies (LAMPS) is covered under Priority Sector as ......com.com. advances w w w .com.....jaiibcaiibmocktest.com...... (ii) and (iii) Ans .www...jaiibcaiibmocktest.. www.. www. 09994452442 ………………………………………………………………………………………………………………………………………………………………… m Credit cards are of standard size and thickness and are embossed with the following details ..onlyforbankers.com Facebook Groups - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS murugan0501@gmail............... (i).......com. Direct Agriculture b... Only (ii) and (iii) d......d .. www. admin@jaiibcaiibmocktest..... Indirect Agriculture c...c o a........ Only (i) and (ii) b..com.. (iii) Validity date es t ... Only (i) and (iii) c.... iib m a.......ja iib ca Ans . 09994452442 233 ..... (ii) Card number.... Self Employment Scheme d.com...bankpromotionexams...b .. admin@jaiibcaiibmocktest..... jaiibcaiibmocktest.bankpromotionexams. ………………………………………………………………………………………………………………………………………………………………… www. www.com murugan0501@gmail. 09994452442 234 . [email protected]. admin@jaiibcaiibmocktest. kindly update us also (along with the source link/reference for the correct information). we request everyone to update yourself with the latest information through RBI website and other authenticated sources.com.com.com.jaiibcaiibmocktest.com.ja iib ca SAMPLE QUESTIONS FOR JAIIB PRINCIPLES & PRACTICES OF BANKING Though we had taken enough care to go through the questions.onlyforbankers.com - JAIIB CAIIB STUDY MATERIALS / CAIIB DISCUSSION BANK PROMOTION EXAMS / ONLY FOR BANKERS [email protected] o m Facebook Groups iib m oc kt es t ALL THE VERY BEST FOR YOUR EXAMS w w w .com.onlyforbankers. www. www. www. 09994452442 ………………………………………………………………………………………………………………………………………………………………… . In case you find any incorrect/doubtful information.