SOLVED JAIIB COMBINED PAPER 37:
1. Who among the following are included in the Central Board of directors of RBI ?
(i) Executive Director,
(ii) Governor ,
(iii) Deputy Governor
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - c
2. At least ...... of the total number of directors of a public company are to be persons whose period of office is liable to determination by retirement by rotation.
a. 2
b. 2/3
c. 1/3
d. 5
Ans - b
3. RBI undertakes banking business for the state govt under the provision of ...
a. Sec 22 of RBI Act
b. Sec 21 of RBI Act
c. Sec 20 of RBI Act
d. Agreement between RBI & Govt u/s 21 A of RBI Act
Ans - d
4. A Co operative bank can be which of the following ...... (i) Primary coop bank ,
(ii) District central coop bank,
(iii) State coop bank
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - d
5. Section 22 of RBI acts relate which aspects of banking ?
(i) RBI authority to function as bank for govt business, (ii) RBI authority to issue & manage currency in India
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Both (i) and (ii)
Ans - b
6. A Banking co. having operations in India could be constituted as a ...
a. Body corporate under special act
b. Registered under the companies act
c. A Foreign co. under provisions of co. act
d. All the above
Ans - b
7. Which of the following factors are considered while fixing BPLR by a bank?
(i) Cost of funds,
(ii) Operating expenses,
(iii) Provision for NPAs
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - d
8. Interest rate on which of the following have been deregulated by RBI?
(i) DRI,
(ii) Ceiling rate on export credit,
(iii) Ceiling rate on educational loans
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - c
9. What is the objective of introduction of Base Rate system in banks?
(i) Enhancing transparency in lending rates of banks,
(ii) Enabling better assessment of transmission of monetary policy,
(iii) To prevent monopoly and restrictive trade practices
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - a
10. Reserve Bank was constituted under ......
a. BR Act
b. RBI Act
c. Companies Act
d. None of these
Ans - b
11. Dividends are usually paid on:
a. Called-up-capital
b. Subscribed-capital
c. Paid-up-capital
d. Issued capital
Ans - c
12. The minimum number of members required in a private & public companies are ......
a. 2 & 5
b. 7 & 20
c. 2 & 7
d. 5 & 20
Ans - c
(i) Executive Director,
(ii) Governor ,
(iii) Deputy Governor
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - c
2. At least ...... of the total number of directors of a public company are to be persons whose period of office is liable to determination by retirement by rotation.
a. 2
b. 2/3
c. 1/3
d. 5
Ans - b
3. RBI undertakes banking business for the state govt under the provision of ...
a. Sec 22 of RBI Act
b. Sec 21 of RBI Act
c. Sec 20 of RBI Act
d. Agreement between RBI & Govt u/s 21 A of RBI Act
Ans - d
4. A Co operative bank can be which of the following ...... (i) Primary coop bank ,
(ii) District central coop bank,
(iii) State coop bank
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - d
5. Section 22 of RBI acts relate which aspects of banking ?
(i) RBI authority to function as bank for govt business, (ii) RBI authority to issue & manage currency in India
a. Only (i)
b. Only (ii)
c. Either (i) or (ii)
d. Both (i) and (ii)
Ans - b
6. A Banking co. having operations in India could be constituted as a ...
a. Body corporate under special act
b. Registered under the companies act
c. A Foreign co. under provisions of co. act
d. All the above
Ans - b
7. Which of the following factors are considered while fixing BPLR by a bank?
(i) Cost of funds,
(ii) Operating expenses,
(iii) Provision for NPAs
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - d
8. Interest rate on which of the following have been deregulated by RBI?
(i) DRI,
(ii) Ceiling rate on export credit,
(iii) Ceiling rate on educational loans
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - c
9. What is the objective of introduction of Base Rate system in banks?
(i) Enhancing transparency in lending rates of banks,
(ii) Enabling better assessment of transmission of monetary policy,
(iii) To prevent monopoly and restrictive trade practices
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii) and (iii)
Ans - a
10. Reserve Bank was constituted under ......
a. BR Act
b. RBI Act
c. Companies Act
d. None of these
Ans - b
11. Dividends are usually paid on:
a. Called-up-capital
b. Subscribed-capital
c. Paid-up-capital
d. Issued capital
Ans - c
12. The minimum number of members required in a private & public companies are ......
a. 2 & 5
b. 7 & 20
c. 2 & 7
d. 5 & 20
Ans - c