SOLVED JAIIB COMBINED PAPER 36:
1. The monetary and credit policy statement of RBI are not called ......
(i) Annual Policy Statement,
(ii) Credit policy of RBI,
(iii) Economic Policy
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - c
2. For the purpose of exposure norms, which of the following is true for inclusion under exposure?
(i) 100% of both fund based and non fund based credit limits,
(ii) Sanctioned limit or outstanding whichever is higher shall be considered,
(iii) In case of fully drawn term loans outstanding and not the limit sanctioned will be considered.
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - d
3. Promissory Notes, Bills of Exchange and cheque are together defined as......
a. Negotiable instruments
b. Transferred instruments
c. Trust Receipts
d. Documents of Title to goods
Ans - a
4. N.I. are easily ......
a. transferable
b. gifted
c. sold
d. None of these
Ans - a
5. A cheque is drawn on a ......
a. owner of ship
b. an agent of a principal
c. bank
d. None of these
Ans - c
6. Demand deposits are those which can be withdrawn ......
a. on demand
b. at any future date
c. after one year
d. after 5 years
Ans - a
7. Base rate is not fixed by ......
(i) RBI,
(ii) Ministry of Finance,
(iii) Asset Liability Management Committee of Bank
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - a
8. Exposure norms are applicable to which of the following?
(i) Advance against Bank's own deposit,
(ii) Advance against LIP,
(iii) Advance against NSC
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - c
9. Current deposits are not entitled to ......
a. Cheque book
b. Statements
c. Customer service
d. interest
Ans - d
10. A Regional Rural Bank is ......
a. A body corporate created under a special statute
b. A cooperative society
c. A Private Bank
d. None of these
Ans - a
11. Banking companies are licensed by ......
a. Reserve Bank
b. Registrar of companies
c. Company Law Board
d. None of these
Ans - a
12. Business which a banking company may undertake other than banking is as stipulated by ......
a. Reserve Bank
b. BR Act
c. RBI Act
d. None of these
Ans - b
(i) Annual Policy Statement,
(ii) Credit policy of RBI,
(iii) Economic Policy
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - c
2. For the purpose of exposure norms, which of the following is true for inclusion under exposure?
(i) 100% of both fund based and non fund based credit limits,
(ii) Sanctioned limit or outstanding whichever is higher shall be considered,
(iii) In case of fully drawn term loans outstanding and not the limit sanctioned will be considered.
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - d
3. Promissory Notes, Bills of Exchange and cheque are together defined as......
a. Negotiable instruments
b. Transferred instruments
c. Trust Receipts
d. Documents of Title to goods
Ans - a
4. N.I. are easily ......
a. transferable
b. gifted
c. sold
d. None of these
Ans - a
5. A cheque is drawn on a ......
a. owner of ship
b. an agent of a principal
c. bank
d. None of these
Ans - c
6. Demand deposits are those which can be withdrawn ......
a. on demand
b. at any future date
c. after one year
d. after 5 years
Ans - a
7. Base rate is not fixed by ......
(i) RBI,
(ii) Ministry of Finance,
(iii) Asset Liability Management Committee of Bank
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - a
8. Exposure norms are applicable to which of the following?
(i) Advance against Bank's own deposit,
(ii) Advance against LIP,
(iii) Advance against NSC
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - c
9. Current deposits are not entitled to ......
a. Cheque book
b. Statements
c. Customer service
d. interest
Ans - d
10. A Regional Rural Bank is ......
a. A body corporate created under a special statute
b. A cooperative society
c. A Private Bank
d. None of these
Ans - a
11. Banking companies are licensed by ......
a. Reserve Bank
b. Registrar of companies
c. Company Law Board
d. None of these
Ans - a
12. Business which a banking company may undertake other than banking is as stipulated by ......
a. Reserve Bank
b. BR Act
c. RBI Act
d. None of these
Ans - b