SOLVED JAIIB COMBINED PAPER 32:
1. Paid-up Capital means amount of capital actually paid by ......
a. Shareholders
b. Equity Shareholders
c. Preferance Shareholders
d. All of the above
Ans - a
2. Final accounts of a limited company consist of ......
a. Balance Sheet
b. Profit and Loss account
c. Trading account
d. Both a and b
Ans - c
3. The amount beyond which cash transactions (Receipts & Payments) are to be monitored by the Commercial Banks as stipulated by the RBI in its guidelines is -
a. Rs.5 lacs & above
b. Rs.8 lacs & above
c. Rs.10 lacs & above
d. No such limit
Ans - c
4. Max permissible LTV ratio for Auto Loans upto Rs. 10 Lacs is ...... % of 'on road price' of the car.
a. 80
b. 85
c. 90
d. 95
Ans - b
5. EOD operations at CDC normally starts around ......
a. 8 PM
b. 9 PM
c. 10 PM
d. 11 PM
Ans - c
6. Reposting of all the ATM transactions, which happened when the EOD process was running, is taken care by ......
a. BOD
b. SOD
c. EOD
d. All of the above
Ans - b
7. Which of the following are Back office functions with respect to Regulatory compliance?
(i) Identifying KYC gaps,
(ii) customer grievance redressal system
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Both (i) and (ii)
Ans - d
8. Max permissible LTV ratio for Auto Loans above Rs. 10 Lacs is ...... % of 'on road price' of the car.
a. 80
b. 85
c. 90
d. 95
Ans - a
9. Role of the concurrent auditors / Internal auditors with KYC is to ......
a. Review of compliance of KYC guidelines
b. Effectiveness of the implementation of the KYC
c. Verification of newly opened accounts and their transactions
d. All of the above
Ans - d
10. The key objectives are ......
(i) To increase the number of customers,
(ii) To provide multiple delivery channels like internet, mobile banking, ATMs,
(iii) To enable faster money fund transfers to reach out to more customers
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - d
11. In case of Safe custody of articles, Nomination can be made in favor of ......
(i) one individual only,
(ii) more than one individual possible.
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Both (i) and (ii)
Ans - a
12. Max permissible LTV ratio for individual housing Loans upto 20 Lacs is ...... %
a. 80
b. 85
c. 90
d. 95
Ans - c
a. Shareholders
b. Equity Shareholders
c. Preferance Shareholders
d. All of the above
Ans - a
2. Final accounts of a limited company consist of ......
a. Balance Sheet
b. Profit and Loss account
c. Trading account
d. Both a and b
Ans - c
3. The amount beyond which cash transactions (Receipts & Payments) are to be monitored by the Commercial Banks as stipulated by the RBI in its guidelines is -
a. Rs.5 lacs & above
b. Rs.8 lacs & above
c. Rs.10 lacs & above
d. No such limit
Ans - c
4. Max permissible LTV ratio for Auto Loans upto Rs. 10 Lacs is ...... % of 'on road price' of the car.
a. 80
b. 85
c. 90
d. 95
Ans - b
5. EOD operations at CDC normally starts around ......
a. 8 PM
b. 9 PM
c. 10 PM
d. 11 PM
Ans - c
6. Reposting of all the ATM transactions, which happened when the EOD process was running, is taken care by ......
a. BOD
b. SOD
c. EOD
d. All of the above
Ans - b
7. Which of the following are Back office functions with respect to Regulatory compliance?
(i) Identifying KYC gaps,
(ii) customer grievance redressal system
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Both (i) and (ii)
Ans - d
8. Max permissible LTV ratio for Auto Loans above Rs. 10 Lacs is ...... % of 'on road price' of the car.
a. 80
b. 85
c. 90
d. 95
Ans - a
9. Role of the concurrent auditors / Internal auditors with KYC is to ......
a. Review of compliance of KYC guidelines
b. Effectiveness of the implementation of the KYC
c. Verification of newly opened accounts and their transactions
d. All of the above
Ans - d
10. The key objectives are ......
(i) To increase the number of customers,
(ii) To provide multiple delivery channels like internet, mobile banking, ATMs,
(iii) To enable faster money fund transfers to reach out to more customers
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - d
11. In case of Safe custody of articles, Nomination can be made in favor of ......
(i) one individual only,
(ii) more than one individual possible.
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Both (i) and (ii)
Ans - a
12. Max permissible LTV ratio for individual housing Loans upto 20 Lacs is ...... %
a. 80
b. 85
c. 90
d. 95
Ans - c