JAIIB-IE&IFS – Mock Test-3

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1. 
Participants in call/notice money include which of the following? 1) banks, 2) development finance institutions, 3) insurance companies 4) mutual funds.

2. 
There are three important international economic organisations that serve the globe, by encouraging development, providing technical and financial support, financing, settling disputes, facilitating agreements. These are 1)_______, 2) International Monetary Fund (IMF), 3) World Bank (WB).

3. 
FDI ceiling under automatic route is given for different sectors. Find out, in which case it is True or False? 1 Agriculture & Animal Husbandry = 100% 2 Plantation Sector = 74% 3 Mining = 100% 4 Mining (Coal & Lignite) = 100% 5 Petroleum & Natural Gas = 74%

4. 
In case of Payment Banks the prudential limit for Call, Notice and Term Money: (i) ___% of capital funds, on a daily average basis in a reporting fortnight, and (ii) ___% of capital funds on any given day.

5. 
IMF members are required to pursue economic policies that are consistent with what?

6. 
If an Individual investor wants to place bids under non-competitive scheme for Treasury Bill auction, he can do it through which portal?

7. 
Following the 1991 economic crisis in India, the implementation of reforms and the adoption of LPG policies paved the way for positive economic outcomes and higher GDP growth rates. In this context, LPG stands for?

8. 
Read the statements below regarding supply and demand as a factor for price discovery. Which of these are True? 1 If demand is higher than supply, the price of an asset will increase, as buyers are willing to pay more because of its scarcity. 2 If supply is higher than demand, then buyers will not be prepared to pay as much as they perhaps would have had the supply been low. 3 Some times the price favours buyers and sometimes, the sellers. 4 In a market, where supply and demand are relatively equal, the price is said to be in equilibrium

9. 
The money market instruments, offered for the purpose of financing short-term debt obligation of the Government of India, are known as?

10. 
In India, which of the following projects have been funded by World Bank? 1 Swachh Bharat Mission 2 Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), 3 Deen Dayal Antyodaya Yojana-National Rural Livelihoods Mission 4 National Ganga River Basin Project

11. 
According to World Bank parameters for per capital income (PCI), what is the range of PCI in lower-middle income category in US$ terms?

12. 
By the late 1990s, India had transitioned from agricultural dominance to services supremacy, with services accounting for ___ % of national GDP, agriculture sector ___ per cent and secondary sector ___ per cent.

13. 
Commercial paper may be issued by which of following entities subject to the condition that all fund-based facilities availed, if any, by the issuer from banks/ AIFIs / NBFCs are classified as Standard at the time of issue? 1 Companies, NBFCs, including Housing Finance Companies (HFCs); 2 InvITs and REITs; 3 All India Financial Institutions (AIFIs); 4 Any other body corporate with a minimum net-worth of Rs. 4 crore

14. 
The employees working in which of the following are treated part of Quaternary sector? 1 elementary schools 2 university classrooms, 3 hospitals and physicians' offices, 4 accountancy and brokerage businesses

15. 
What was the main reason identified for the high growth rate in the 8th plan?

16. 
Fill in the blanks: Money market is a market for ___ funds, with maturity ranging from overnight to ____ and includes financial instruments that are deemed to be close substitutes to ____.

17. 
The Depositories Act, 1996, that came into being in August, 1996, to provide for regulation of depositories in securities and for matters connected therewith or incidental thereto, aimed among others, at the following? 1 making the securities fungible; 2 making the shares, debentures and any interest thereon of a public limited company freely transferable 3 exempting all transfers of shares within or outside a depository, from stamp duty. A. 1 and 3 only

18. 
Read the statements below and mark these as True or False? 1 India was an agricultural economy, with a very low per capita income before independence 2 After independence, agriculture's share of GDP fell, while industry and services increased. 3 Agriculture was a dominant sector in the Indian economy in 1950, accounting for 53.1 per cent of GDP. 4 There was a clear and significant compositional shift in favour of the services sector after 1980.

19. 
During the Covid-19 pandemic, the reverse migration from urban to rural areas raised demand for employment in rural areas under which scheme?

20. 
Which of the following is not eligible to issue certificate of deposits?

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