CAIIB-BFM – Mock Test- 04
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1.
Remittances permissible subject to approval of the respective Government Departments/Ministries, falls in which schedule of FC transactions, as per FEMA 1999?
2.
What is the time limit, as per FEDAI rules, for crystallization of overdue FC import bills under a letter of credit issued by the bank:
3.
When the variation in the market interest causes change in the net interest income (NII) (1) banks experience a favourable basis shift if the NII expands (2) banks experience an unfavourable basis shift if the NII expands (3) banks experience a favourable basis shift if the NII contracts (4) banks experience an unfavourable basis shift if the NII contracts
4.
If Stage I is scheduled to be completed within one year, the CCF value of undrawn amount of Rs.100 cr shall be:
5.
Which of the following risk is covered by ECGC under its standard policies:
6.
What is the amount of Common Equity Tier-1 capital
7.
As per internal control guidelines (ICG) issued by RBI to banks, which of the following statement is not correctly matched:
8.
What is the total of amount of term deposit that will be placed in various maturity buckets up to less than 12 months?
9.
Which of the following documents is generally an important documents under the letter of credits (i) bill of exchange (ii) bill of lading (iii) invoice (iv) insurance policy or certificate (v) certificate of origin.
10.
Minimisation of which of the following does not lead to maximization of profitability:
11.
In an IBU in IFSC, what type of accounts are opened 1) SB accounts 2) current accounts 3) term deposits
12.
If there is increase in yield by 100 basis points during this period, what will be the price of 7% GoI bonds.
13.
What is the FC rate at which the forward contract will be booked if the margin is not taken into account:
14.
Interest rate in case of FCNR (B) accounts are (which of the following is not correct):
15.
What is the amount that the Bank can allow as PCL to the exporter against the given export order, considering the profit margin of 10% and insurance and freight cost of 12% ?
16.
If a bank is requested to transfer amount from NRE-RA account to FCNR-B account of a customer, which of the following rates shall be used:
17.
Firms and companies engaged in purchase /sale of rough diamonds, can open dollar diamond accounts if their track record in import & exports is at least __ years and their annual average turnover during 3 licensing years is Rs.___ or above:
18.
Which of the following can be source of funds for investment by NRIs in India while investing in permitted immovable property (i) inward remittance in freely convertible currencies (ii) funds in FCNR-B account (iii) funds in NRE-RA account (iv) funds in NRO account.
19.
Until utilization of ECB proceeds, funds can be invested in liquid assets (a) deposits or Certificate of Deposit or other products offered by banks rated not less than AA (-) by Standard and Poor/Fitch IBCA or Aa3 by Moody's; (b) Treasury bills and other monetary instruments of one-year maturity having minimum rating as indicated above (c) deposits with foreign branches/subsidiaries of Indian banks abroad.
20.
Current account transaction means a transaction other than capital account transaction and includes 1) payments connected to trade, 2) interest on loans and income on investments, 3) expenses connected to travel, 4) family maintenance, 5) medical treatment, 6) Investing in a subsidiary company abroad
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