SOLVED JAIIB COMBINED PAPER 35:
1. In case of Safe custody of articles, Nomination facilities are available for ......
(i) individual depositors,
(ii) Persons jointly depositing articles
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Neither (i) nor (ii)
Ans - a
...... will not be responsible for any shortage in book of notes. (i) Vault Teller, (ii) Cashiers signed the Denomination Slips, (iii) Head Cashier
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - b
2. While opening an account in the name of a company, the following document/s is/are to be obtained -
a. Memorandum and Articles of Association of the Company
b. Instructions of the Registrar of the Company
c. Roles and responsibilities of the Company
d. Organisation Chart of the company
Ans - a
3. Max permissible LTV ratio for individual housing Loans Above 20 Lacs & upto 75 Lacs is ...... %
a. 75
b. 80
c. 85
d. 90
Ans - b
4. In case of Government Departments, the important document to be verified is ......
a. Copy of Bye-Laws
b. Copy of Government Orders
c. Certificate given by the ROC
d. No document is to be verified in case of Govt Departments, as it is exempted
Ans - b
5. ...... process is done for all the branches at one consolidated stretch.
a. EOD/BOD
b. EOD/SOD
c. SOD/BOD
d. All the above
Ans - b
6.. Where the safe deposit locker is hired from the bank by two or more individuals, nomination can be made in favour of ......
(i) one individual only,
(ii) more than one individual possible.
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Neither (i) nor (ii)
Ans - c
7. A minor ...... be appointed as a nominee for delivering contents of a hired locker. (i) can, (ii) can't
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Neither (i) nor (ii)
Ans - a
8. Maximum time frame for collection of cheques drawn on state capitals is ......
a. 7 days
b. 10 days
c. 14 days
d. 21 days
Ans - a
9. The branches of commercial banks should report suspicious transactions to ......
a. RBI
b. Bank’s respective authority
c. Ministry of Finance
d. None of the above
Ans - b
10. Max permissible LTV ratio for individual housing Loans Above 75 Lacs is ...... %
a. 75
b. 80
c. 85
d. 90
Ans - a
11. For opening accounts in the case of Joint Hindu Undivided Family (JHUF), the following document/s is/are important -
a. Declaration of all guardians on behalf of minors
b. Declaration of all family members
c. Declaration of the Karta of the family
d. Declaration can be exempted as per Hindu Succession Act
Ans - c
(i) individual depositors,
(ii) Persons jointly depositing articles
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Neither (i) nor (ii)
Ans - a
...... will not be responsible for any shortage in book of notes. (i) Vault Teller, (ii) Cashiers signed the Denomination Slips, (iii) Head Cashier
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - b
2. While opening an account in the name of a company, the following document/s is/are to be obtained -
a. Memorandum and Articles of Association of the Company
b. Instructions of the Registrar of the Company
c. Roles and responsibilities of the Company
d. Organisation Chart of the company
Ans - a
3. Max permissible LTV ratio for individual housing Loans Above 20 Lacs & upto 75 Lacs is ...... %
a. 75
b. 80
c. 85
d. 90
Ans - b
4. In case of Government Departments, the important document to be verified is ......
a. Copy of Bye-Laws
b. Copy of Government Orders
c. Certificate given by the ROC
d. No document is to be verified in case of Govt Departments, as it is exempted
Ans - b
5. ...... process is done for all the branches at one consolidated stretch.
a. EOD/BOD
b. EOD/SOD
c. SOD/BOD
d. All the above
Ans - b
6.. Where the safe deposit locker is hired from the bank by two or more individuals, nomination can be made in favour of ......
(i) one individual only,
(ii) more than one individual possible.
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Neither (i) nor (ii)
Ans - c
7. A minor ...... be appointed as a nominee for delivering contents of a hired locker. (i) can, (ii) can't
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Neither (i) nor (ii)
Ans - a
8. Maximum time frame for collection of cheques drawn on state capitals is ......
a. 7 days
b. 10 days
c. 14 days
d. 21 days
Ans - a
9. The branches of commercial banks should report suspicious transactions to ......
a. RBI
b. Bank’s respective authority
c. Ministry of Finance
d. None of the above
Ans - b
10. Max permissible LTV ratio for individual housing Loans Above 75 Lacs is ...... %
a. 75
b. 80
c. 85
d. 90
Ans - a
11. For opening accounts in the case of Joint Hindu Undivided Family (JHUF), the following document/s is/are important -
a. Declaration of all guardians on behalf of minors
b. Declaration of all family members
c. Declaration of the Karta of the family
d. Declaration can be exempted as per Hindu Succession Act
Ans - c