JAIIB-IE&IFS – Mock Test-10

Hello Student

Welcome and congratulations on deciding to use this Quiz!!

Successfully answering the questions will improve your understanding of the concept and help you score better in your exam.

Here is your Test……..  All the best

1. 
Under the Annualised Return Method for a mutual fund, what does an investor need to calculate over the investment period?

2. 
Which of the following activity/fact, is not part of Seed Capital Stage within Early stage financing in a venture capital? 1 Testing of the concept, idea and process pertaining to high technology or innovation, on a laboratory scale. 2 Carrying out prototype product development based on laboratory trial 3 Exploring the possibilities of commercial production of the product 4 Finance is provided in the form of debt to earn regular income

3. 
In case of a forfaiting transaction, the Importer's bank co-accepts the bill of exchange and sends back it, to the exporter through his banker. Such co-acceptance is known as?

4. 
Under equity segment, the Large & Mid Cap Fund is an open-ended equity scheme investing in both large cap and mid cap stocks. As per SEBI requirement, what is the minimum investment in equity & equity-related instruments of large cap companies and minimum investment in equity & equity-related instruments of mid cap stocks?

5. 
For a bank to undertake pension fund management business, its level of net non-performing assets should not be more than ___ per cent and it has made a net profit in the preceding __ financial years?

6. 
Some features of close-ended funds are given below. Mark these as True or False? 1 The fund is open for subscription only during a specified period at the time of launch of the scheme. 2 Investors can invest in the scheme any time 3 After new fund offer period, investors can buy or sell the units of the scheme on the stock exchanges, where the units are listed. 4 SEBI Regulations stipulate that at least one of the two exit routes is provided to the investor, i.e., either repurchase facility or through listing on stock exchanges.

7. 
Currency with public 3000, other deposits with RBI 400, demand deposits with banks 20000, term deposits with banks 70000. M1 and M3 shall be?

8. 
The Motor insurance gives protection to the vehicle owner against which type of risk? 1) damages to his/her vehicle, 2) payment for any Third-Party Liability, against the owner of the vehicle.

9. 
Read the statements below regarding the Principle of Utmost Good Faith or Principle of Uberrimae fidei and find out which is correctly given? 1 It is a positive duty to voluntarily disclose, accurately and fully, all facts material to the risk being proposed, whether requested or not. 2 For non-disclosure of any material fact, if it unintentional, the contract is valid 3 For non-disclosure of any material fact even unintentional on the part of the insured, insurer can refuse any compensation. 4 The intentional non-disclosure amounts to fraud and un-intentional disclosure amounts to ‘voidable’ contract.

10. 
The market clearing price denotes that:

11. 
Which of the following is not a feature of business cycle 1) it is a regular phenomenon, 2) it is a predictable phenomenon, 3) it is a repetitive phenomenon

12. 
Which financial product addresses the risk of living too long so that one's resources are adequate to support one's standard of living during the old age?

13. 
In the credit rating process, several steps are involved. What is correct sequence of these steps? 1 Agreement between issuer and credit rating agency (CRA) 2 Obtaining of information of CRA 3 Analysis of information obtained 4 Publishing of credit rating by CRA 5 Communication of decision on rating by CRA

14. 
Other than prices, what is the major force, behind the market supply? 1) Cost of production, 2) technology advancements 3) prices of related commodities 4) govt. policy

15. 
Which of the following activities of banks do not come under para banking and Financial Services? 1 Agency Business by Banks 2 Referral Services 3 Broking services for Commodity Derivatives Segment 4 Cheque writing facility for investors of money market mutual funds

16. 
How will SRT Limited account for the lease rentals?

17. 
Which of the following statements regarding Classical Theory of Interest are True? 1 It is also known as the liquidity preference theory. 2 It was developed and modified by various renowned economists like Marshall, Fisher, and Pigou. 3 The classical economists maintained that interest is a price paid for the supply of savings, to meet the demand for investment. 4 This is also known as the capital theory of interest or the saving-investment theory of interest or the real theory of interest.

18. 
As per Keynes (a) the interest rates do not equalize the saving and investment (b) the equality is brought about through changes in the level of income (c) the equality is brought by change in level of income as well as change in interest rates.

19. 
According to SEBI regulations, how many directors of the trustee company or board of trustees must be independent, in case of mutual funds, i.e., they should not be associated with the sponsors?

20. 
There are 2 lease transactions. In the first, all parties involved are domiciled in India. In the second, one party is domiciled in India and the other party in UK. How these will be classified?

DO NOT CLICK ‘SUBMIT’ BUTTON, WITHOUT READING THE FOLLOWING

1) Answers shall appear when you click  ‘SUBMIT’ button, below.
2) If answer given by you is correct, it will be shown in GREEN font.
3) If answer given by you is incorrect, it will be shown in RED Font in addition to correct answers shown in GREEN Font.

4) If you want to improve your score, we suggest you to practice the following QUESTION BANK after revising the concepts.

FULL QUESTION BANK for all JAIIB papers

Scroll to Top