JAIIB-IE&IFS – Mock Test-2

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1. 
In 2012 Security and Exchange Board of India (SEBI) made it mandatory for top 100 listed entities based on market capitalization at BSE and NSE, to publish which type of reports?

2. 
NITI Aayog, India's top policy 'Think Tank', which started functioning from January 1, 2015, was created by way of a ___

3. 
What is the normal slope of the supply curve?

4. 
Fill in the blanks: An ____ in the reverse repo rate means that the RBI will borrow money from the banks at a ____ rate of interest.

5. 
There are three components of the formal financial system. These are: 1) financial institutions, 2) _____ 3) financial markets.

6. 
Fill in the blanks related to the definition of banking in the Banking Regulations Act, 1949 (BR Act). As per Section ___ , banking is ‘the accepting, for the purpose of lending or investment, of deposits of ____ from the ____, repayable on demand or otherwise and withdrawable by cheque, draft, order or otherwise

7. 
There are three elements that can be distinguished in interest: 1) payment for the risk involved in making the loan; 2) payment for the trouble involved; 3) _____

8. 
Which of the following are functions of Exim Bank? 1 Extending short-term loans or lines of credit to foreign banks and governments. 2 Providing business advisory services and expert knowledge to Indian exporters, in respect of multi- funded projects, in foreign countries. 3 Undertaking functions of a merchant bank, for the importer or exporter in transactions of foreign trade. 4 Underwriting shares/debentures of companies, engaged in foreign trade and domestic operations

9. 
A non-banking institution, which is a company and has principal business of receiving deposits under any scheme or arrangement, in one lump sum or in installments, by way of contributions or in any other manner, is called?

10. 
Other than commercial banks, the Banking Regulation Act 1949 applies to which of the following 1) certain types of Cooperative Societies, 2) Primary agricultural credit society, 3) Co-operative land mortgage bank

11. 
If RBI cancels the license of a banking company, the aggrieved bank can appeal to the Central Government against the decision of RBI for cancelling the licence, in which case, the decision of the Central Government, in the matter shall be final. What is the time limit during which the appeal can be made?

12. 
Read the statements below on classification of production and product taxes. Find out which are stated correctly (T) and which are not matched correctly (F)? 1 subsidy to railway – production subsidy 2 food subsidy – product subsidy 3 import and export duties – production tax 4 stamp duty and registration fee – product tax

13. 
The main focus of banking sector reforms was in three areas: 1) NPAs 2) Capital adequacy 3) _____

14. 
Clearing Corporation of India Limited (CCIL) plays the crucial role of a Central Counter Party (CCP) for which type of transactions? 1) government securities, 2) USD-INR forex exchange 3) Repo/Tri-Party Repo markets 4) Liquidity adjustment facility?

15. 
Read the statements below regarding difference Between FDI and FII. Find out which are True or False? 1 Profit and losses i.e. gains, are not taxable in case of FII investments. 2 FDI is stable in nature and there is hardly any threat of capital flight 3 Flow of FDI depends upon the macroeconomic profile of the host nation and economic and political stability 4 Flow of FII depends upon the arbitrage and hedging variations across different parts of the world.

16. 
The Credit Linked Capital Subsidy Scheme (CLCSS) is operational for MSMEs for which objective?

17. 
What tool is used to measure the change in volume of industrial production in a given year?

18. 
In ______ phase of the business cycle, the prices are the lowest due to which the consumers that had postponed their consumption, start fresh consumption. Banks with accumulated cash balances come forward to give loans. With increase in demand, the piled up stocks start reducing and become insufficient. The economic activity and investment start picking up

19. 
International Finance Corporation (IFC) encourages private sector investment in which type of countries and what type of projects?

20. 
The minimum paid-up equity capital for setting up Small Finance Banks was originally fixed at Rs 100 crores was subsequently, increased to Rs ___ crores.

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