CAIIB-ABM – Mock Test- 01
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1.
Classified data is presented in a more organised way so it is easier to interpret and compare them, which is known as___.
2.
Which of the following is an basic financial statements (a) balance sheet (b) profit and loss account (c) funds flow statement (d) statement of bank account.
3.
In a small enterprises, the investment in plant and machine or equipment is restricted to Rs.____ as per revised provisions of MSME Development Act 2006, w.e.f. 1.7.2020:
4.
Which mean is appropriate if the values have the same units?
5.
For the purpose of analysis of balance sheet, the liabilities are re-arranged in the following order:
6.
The word 'Statistics' has been derived from the ___ word ‘statisticum’, ___ word 'statistia' and ___ word 'statistik', each of which means a group of numbers or figures that represent some information of human interest
7.
In order to measure, the seasonal variations, the time intervals should be measured in
8.
Board of a bank should have a proper policy to arrest the deteriorating assets quality in their books and have a proper credit risk management system. This policy should preferably be reviewed on ___ basis.
9.
In a formal organisation set-up, the following are taken into account (1) a given goal (2) a structure (3) explicit roles (4) relationships in order to coordinate the activities.
10.
What type of facilities out of the following can be allowed to non-constituents (persons not regularly dealing with a bank) by banks:
11.
The average life of flash light of car is 26 months and standard deviation is 5 months. If a sample of 400 cars is taken to know the range in which the average life falls, calculate the range.
12.
The most common and widely used statistical tool which handles large quantity of data and reduces the data to a single value used for doing comparative studies and draw conclusion with accuracy and clarity, is called?
13.
The data or statistical information accumulated at regular intervals is called:
14.
What objective is achieved by documentation, in case of a loan granted by the bank:
15.
In the balance sheet of a firm, the amount of stocks has been taken as Rs.50000 which is not the cost price but the expected price at which it may be sold. It is violation of:
16.
Which of the following statements are true or false in the context of permutations and combinations? 1) The fundamental difference between permutation and combination is the order of objects 2) in permutation, the order of objects is very important 3) the arrangement must be in the stipulated order of the number of objects, taken only some or all at a time 4) The notation for permutation is P (n, r) or nPr, denoting the number of permutations of n things when r things are selected at a time.
17.
For the purpose of a survey, the population is divided into different groups assuming that these individual groups are representatives of the population as a whole. Which type of sampling it is, out of the following?
18.
Which of the following statement is not correct regarding importance of credit?
19.
Under Loan system of Credit delivery, the permanent portion called working capital loan (WCL) should normally be:
20.
The type of credit risk of a government or central bank being unwilling or unable to meet its contractual obligations is called?
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