JAIIB-IE&IFS – Mock Test-4
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1.
Whenever there was a financial crisis, like the South East Asian currency crisis of 1997 and the Global Financial Crisis on 2008-2009 the upheavals in markets in certain part of the world sent ripples, in other distant parts of the world. When the disturbances spread, it is called?
2.
In terms of Section 2(n) of FEMA, 1999, the “Foreign exchange” means foreign currency and includes which of the following? 1 deposits, credits and balances payable in any foreign currency, 2 drafts, travellers' cheques, LC or bills of exchange, expressed or drawn in Indian currency but payable in any foreign currency, 3 drafts, travellers' cheques, LC or bills of exchange drawn by banks, institutions or persons outside India, but payable in Indian currency. 4 drafts, travellers' cheques, LC or bills of exchange drawn by banks, institutions or persons in India, but payable in Indian currency.
3.
When a bank is designated as a Bankers to the Issue as a part of Merchant Banking business, in addition to fee, what other attraction is there to make concerted efforts for merchant banking business?
4.
Capital market can be divided into two types of markets. These are?
5.
Who gave the following definition of Economics? ‘Economics is a study of man in the ordinary business of life. It is on the one side, the study of wealth and on the other and more important side, the study of man.’
6.
The demand schedule represents which of the following:
7.
For Merchant Banking activities, the Merchant Banker obtains a Certificate of Registration from SEBI. Depending upon the type of activity, how many Categories of Merchant Banker are there?
8.
The simplest form of Interest rate swaps where a fixed rate is exchanged for a floating rate or vice versa on a given notional principal at pre-agreed intervals, during the life of the contract, are called?
9.
Which of the following functions are performed by money (a) medium of exchange (b) a measure of value (c) a store of value over time (d) standard for deferred payments.
10.
The market risk for assets can arise from which of the following? 1 unfavourable change in interest rates, 2 increasing levels of disintermediation, 3 securitisation of assets 4 emergence of credit derivatives
11.
Which of the following statements are True and False? 1 Money supply is derived on the basis of a balance sheet approach. 2 Money supply follows from the balance sheets of RBI and the rest of the banking sector. 3 The components of the money supply are drawn from the liability side of the balance sheet of the banking sector 4 Various uses of the funds as obtained from the asset side constitute the sources of M3.
12.
Foreign Exchange Management Act, 1999 (FEMA) was enacted on the basis of recommendations by the Committee on Capital Account Convertibility, constituted by the Reserve Bank of India, which was headed by?
13.
The borrowing or lending between eligible participants in the inter-bank money market for what period is called ‘term money’?
14.
The main players in a financial derivatives market use it for different purposes include hedging. Hedging can be done in two ways 1) fixing a price (the linear way) 2) ______
15.
Which of the following, are some of India's perplexing economic issues? 1 poor human capital quality, 2 jobless economic growth, 3 chronic unemployment and under-employment, 4 burgeoning disparities in wealth distribution,
16.
The long-term changes in temperature and weather patterns are referred to as what?
17.
In non-competitive bidding auctions, the retail investors can participate for small amounts, ranging from a min of Rs.___
18.
Read the following statements regarding insurance industry in India and find out which ones are correct? 1 the industry is broadly classified into life insurance and non-life insurance business. 2 In the early days, life insurance business had been undertaken by the Life Insurance Corporation of India (LIC) 3 In the early days, the non-life insurance by the General Insurance Corporation (GIC) and its four subsidiaries. 4 the sector was opened up to private participation in 1980s
19.
Read the statements below regarding a repo transaction. Which of these are correct? 1 It involves selling of a security, with an agreement to repurchase the same 2 The repurchase will be at a future date and at a predetermined price. 3 The buyer of the security receives funds, and the seller of the security receives collateral for the lent funds.
20.
What is India's quota of SDRs and it is how much % of total SDRs?
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