CAIIB-BFM – Mock Test- 02

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1. 
If FC cover is to be received in NOSTRO account later and payment has already been made in Indian rupees in advance, which of the following rate will be used:

2. 
Change in interest rates affects which of the following (1) earning of a bank (2) capital base of the bank (3) value of assets (4) value of liabilities

3. 
If a loan account is standard but starts showing irregularity. It is classified as Special Mention Account. Which of the following sub-classification of SMA is incorrect? 1) 01-30 days = SMA1, 2) 31-60 days = SMA 2, 3) 61-90 days = SMA3

4. 
An Indian company raises ECB in USD but interest is swapped into rupee interest through coupon only swap. In this connection, which of the following statement is not correct:

5. 
Where submission of bill of entry forms is delayed by the importers, RBI is required to be informed through a statement (which of the following is correct):

6. 
The forex market in one part of the world can be accessed in other parts of the world, any time, due to:

7. 
Which of the following statement is not correct with reference to bank balance sheet:

8. 
Which of the following statement is correct regarding LC:

9. 
What should be the minimum balance in the CRR account with RBI, in the above situation based on the assumption that it should not fall below 90% of average fortnightly balance?

10. 
Which of the following statement regarding provision on standard assets is not correct:

11. 
An exporter has presented an export demand bill (sight document) for USD 300000 under irrevocable letter of credit. What will be the rate at which the documents will be negotiated?

12. 
Which of the following steps will be initiated by the branch:

13. 
Which of the following is not an action point for reducing the asset sensitivity:

14. 
Exchange of specific streams of payments over an agreed period of time is called:

15. 
If the interest rates on assets and liabilities increase by 2%, what is the change in net interest income?

16. 
Investment made by NRIs in the shares of Indian companies (which statement is correct)

17. 
What is the amount of capital charge for operational risk, on the basis of 2nd year results alone as per Basic indicator approach.

18. 
Bank Treasuries and corporate customers of the banks make use of (which one is not correct):

19. 
Account of a foreign bank opened in the domestic territory and domestic currency, (say account opened by a foreign bank with SBI in India) is called:

20. 
A transaction which alters the assets/liabilities, including contingent liabilities, outside India of persons resident in India or assets/liabilities in India of persons resident outside India, is called

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