CAIIB-ABM – Mock Test- 03
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1.
An operation or experiment conducted under identical conditions and which has a number of possible outcomes is called?
2.
Power is a measure of potential of a person to get others to do what he or she wants them to do, as well as avoid being forced to do, what he or she does not want to do. This definition of power is given by:
3.
What are benefits of a good compliance culture 1) Low organisational and individual risk; 2) Low reputational risk; 3) Ensure that frauds do not take place 4) Helps attract and retain talent and ensure employees engagement.
4.
The trusts can be regulated by (a) Indian Trust Act (b) Public Trust Act (c) Religious and Charitable Endowments Act (d) Wakf Act.
5.
Which of the following indicates as to how good the prediction made, is:
6.
Under provisions of Section 19 (2) of Banking Regulation Act, the banks can hold shares of a company as pledge, mortgagee or absolute owners, maximum to the extent of:
7.
Compliance Department of a Bank shall conduct compliance testing on sample basis in branches in selected Zones of the Bank on ___ basis exclusively to ensure implementation of RBI/regulatory guidelines issued during the quarter of testing and submit the results to the ____
8.
All organisations including banks conduct training to enhance: (which one is more appropriate)
9.
Which of the following is traditional approach for managing diversity (1) diversity enlargement (2) diversity sensitivity (3) cultural audit.
10.
Which of the following is an appropriate explanation of the estimate, in statistics
11.
As part of effective compliance management, a certificate is required to be submitted by the branches and other operating units confirming compliance to all regulatory/ statutory/internal guidelines including a separate certificate for KYC and AML compliance, to regional or zonal offices on ___basis as on last working day within ___ of closure.
12.
What provides an integrated platform for standardizing and managing strategic and operational risk, as well as consolidating information from all financial risk management systems to develop an enterprise view of risk exposure throughout all common risk management stages – including risk identification, assessment, response and monitoring.
13.
An organisation is the rational coordination of the activities of a no. of people for the achievement of some common explicit purpose or goal, through division of labour and function and through a hierarchy of authority and responsibility. This definition has been given by:
14.
The ____ concept refers to the expectation that the organisation will have indefinite life due to which it has bearing on the valuation of assets:
15.
Which of the following power bases is appropriately explained?
16.
Which of the following methods are used in making assessment of working capital and sanctioning working capital limits by the bank (a) holding norms based method of Tandon Committee called MPBF method (b) projected turnover method of Nayak Committee (c) Cash Budget Method.
17.
What is the simplest absolute measure of dispersion which is calculated as Maximum – Minimum
18.
What is the period of review of Marginal Cost Based Lending Rate (MCLR)?
19.
Non-compliance with any regulatory guidelines and administrative actions initiated against the bank and/or corrective steps taken to avoid recurrence of the lapses are required to be disclosed in the ____ of the Bank.
20.
India Manufacturing Company has several plants in different cities and serves customer in various other cities. It wants to know the best way to schedule shipments from various plants to various customers and has been advised that the problem can be solved using linear programming. In transporting cost minimization problem, the usual coefficients of the objective function would be:
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