CAIIB – BRBL – Mock Test- 05

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1. 
When mortgage is created in writing, what type of document has to be created:

2. 
Indemnity is defined u/s ___ of ____:

3. 
If the borrower raises objections to the notice of possession sent by the bank under SARFAESI Act, how should the bank dispose of the same:

4. 
If a claim is not made by the beneficiary during the claim period mentioned in the guarantee:

5. 
Which of the following provision of Banking Regulation Act is not properly matched:

6. 
As per provisions of Consumer Protection Act 2019, appeal by a person, who is required to pay any amount in terms of an order of the consumer Commission, shall be entertained by appellate authority after the appellant deposits _____ of that amount.

7. 
Which of the following is not a correct statement in the context of name of a company:

8. 
As per Rules under Prevention of Money Laundering Act 2002, the banks are not required to obtain which of the following documents while opening account of a company:

9. 
In case of partnership firm, which of the following is not correctly matched:

10. 
The cooperative banks that operate in more than one State, are registered under which of the following:

11. 
What is term of the office of Chairperson of the Insolvency and Bankruptcy Board of India?

12. 
If in an appeal, the amount of recovery is amended by the Chairperson of DRAT, what happens to the recovery certificate already issued by DRT:

13. 
The basic objective of enactment of SARFAESI Act was:

14. 
Which of the following statements are not correct, in the context of endorsement:

15. 
U/s 31 of NI Act, the banker is under obligation to pay when duly required to do so, which means that:

16. 
Under the Scale Based Regulatory Structure of RBI, which category would ideally remain empty and may be populated if the RBI is of the opinion that there is a substantial increase in the potential systemic risk from specific NBFCs

17. 
One of the partners has been expelled by other partners (which one is not correct):

18. 
If a bank is prohibited to accept deposits by RBI u/s 35 (4) of Banking Regulation Act but it accepts deposits, it can be imposed:

19. 
Which of the following restrictions is not applicable to cooperative banks in respect of loans and advances:

20. 
No charge created by a company shall be taken into account by the liquidator appointed under this Companies Act 2013 or the Insolvency and Bankruptcy Code (IBC), 2016, as the case may be, or any other creditor, unless it is duly registered and a certificate of registration of such charge is given by the Registrar. These are the provisions of:

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FULL QUESTION BANK for all CAIIB papers

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