JAIIB-IE&IFS – Mock Test-6
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1.
As per notification of Ministry of Finance, 'any person who is engaged in business of issue management either by making arrangements regarding selling, buying or subscribing to the securities as manager, consultant, advisor or rendering corporate advisory service in relation to such issue management', will be considered to be a?
2.
Section 29 of RBI Act provides that RBI shall not be liable to the payment of any stamp duty under which Act, in respect of bank notes issued by RBI?
3.
The start-up entrepreneurs who lack financial resources for undertaking production, approach the venture capital funds for extending funds through equity. Before making such investments, the venture capital fund companies assess which aspects relating to an entrepreneur, to make the project idea as success? 1) managerial ability, 2) capacity, 3) commitment 4) financial resources
4.
Payment banks need registration under ___ Act and these are governed mainly under ___ Act?
5.
The Techfins are operating in which of the following areas? 1) online search engines, 2) social media platforms, 3) e-commerce platforms, 4) ride-hailing platforms
6.
A financial derivative which allows the holder, the benefit from change in interest rates, is called?
7.
Fill in the blanks – Financing is transaction-based in case of _____ and in respect of _____, it is based on accounts-receivable ledger.
8.
Taking into account the recommendations of the Narasimham Committee of 1998, in the post liberalisation period, it was felt that the DFIs would need to evolve into areas like commercial banking. As a result these were allowed to become?
9.
In the aftermath of liberalisation and the recommendations of the Narasimham Committee on Financial Sector Reforms (1991), the banking space of the country was opened up for setting up private banks. In order of the year of opening these banks, what is correct sequence?
10.
The business of acquisition of receivables of assignor (seller) by accepting assignment of such receivables or financing, whether by way of making loans or advances or otherwise, against the security interest over any receivables, is known as the business of?
11.
Given hereunder are some statements regarding Derivatives. Read the statements and mark these as True or False? 1 A derivative is a financial instrument that is settled in future. 2 The derivatives do not have any direct value of themselves. 3 Derivative’s value is derived from stock exchange 4 Value is based on the expected future price movements of the underlying assets.
12.
Read the following statements regarding insurance repository and find out which ones are correct? 1) It maintains data of insurance policies in electronic form on behalf of insurers, 2) Insurance repositories can sell insurance policies, 3) They provide a record of all insurance policies.
13.
Which of the following feature related to risk and return in Venture Capital is correct?
14.
In India, banking is mainly governed by which Acts?
15.
The banks and NBFCs predominantly cater to _______, Financial Institutions provide mostly _____
16.
The Banking Regulation (Amendment) Act 2020, gives more powers to the RBI regarding ____ , to provide more control over management and allow RBI to frame the revival plan for these Banks and protect the interests of the depositors.
17.
In which type of lease, the real intention of the lessee is to own the leased asset for a major part of its economic life, without being its legal owner?
18.
In India, the spread between weighted average call money market rate (WACR) and the policy rate tends to widen around the end of the financial year because of which reasons?
19.
Deposit Taking NBFCs can pay interest that may be paid or compounded at rests which should not be shorter than?
20.
The digital technologies that have the potential to transform the provision of financial services spurring the development of new – or modify existing – business models, applications, processes, and products are referred to as?
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