CAIIB-BFM – Mock Test- 01
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1.
An exporter has submitted an export bill of £ 10000. The inter-bank foreign currency rates for spot delivery are 1USD = Rs.45.32. In London the £ rate is = USD 1.832. How much amount in Indian Rupees will be paid to the exporter.
2.
While calculating the forward rate of a currency, the following factors are taken into consideration (i) spot rate (ii) interest rate differentials (iii) future period, for which the price is to be calculated.
3.
The risk that the interest rate of different assets or liabilities may change in different magnitude is called:
4.
Which of the following statement is correct regarding banks operating in International Financial Service Centres (IFSCs) ? 1) they operate as a bank in a foreign country 2) they operate within territory of India 3) they are not subject to domestic reserve requirements?
5.
Which of the following has the responsibility for implementation of risk and business policies simultaneously in a consistent manner and decide on the business strategy to achieve these objectives, within a bank:
6.
The settlement risk can be avoided if (i) settlement systems operate on a single time basis (ii) the settlement is on a real time gross basis (iii) settlement is restricted to known parties only
7.
The bank has some securities with rating A. The rating migrates to BB. The bank has been exposed to what type of risk:
8.
In case of market risk, the capital is computed directly and equivalent risk weighted assets is computed by: (answer to be given as per Basel II)
9.
If a loan is allowed to an NRI against his term deposit of FCNR-B or NRE-RA account, the amount can be credited to which of the following account:
10.
For better monitoring of export of goods and services and also to facilitate AD banks to report various returns through a single platform, which of the following is in operation?
11.
As per Foreign Exchange Management Act 1999 (FEMA 1999), which of the following is not included in the term foreign exchange:
12.
Under Basel III, the risk weight for capital charge for credit risk on the basis of standardized approach for home loan of above Rs.30 lac up to Rs.75 lac, where loan to value (LTV) ratio is 80% is :
13.
The account maintained by Public Debt Office of RBI in electronic form where the banks maintain their security account exclusively for govt. securities is called:
14.
Under the automatic route, the amount of trade us credit up to USD ___ million or equivalent per import transaction for oil/gas refining & marketing, airline, and shipping companies. For others, it is up to USD ___ million or equivalent per import transaction.
15.
On the strength of original LC, the beneficiary opens another LC in favour of his supplier. What type of LC it is called:
16.
The lending rates to be recovered from exporters on PCFC is restricted to:
17.
The bank is holding govt. securities worth Rs.5000 cr which are being quoted at good price in the market. But bank is unable to sell the same at the prevailing market price, to book profits, due to inadequate market depth or market disruption. It is called:
18.
Which of the following statement does not match:
19.
When correspondent bank handles and executes all payment instructions of the client bank by debit to their account, it comes under ___ of correspondent banking:
20.
If the change in yield of a bond is given and modified duration is also given, the percentage change in the price of the bond can be calculated as:
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