JAIIB-IE&IFS – Mock Test-7

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1. 
How did the share of agriculture, industry, and services change in India's GDP after independence and the start of the planning process?

2. 
Read the following statements and find out which are correct regarding changes made in 2015 in GDP calculations based on UN System of National Accounts (SNA), 2008? 1 Estimates of Gross Value Added (GVA) of each sector will be provided, at basic prices rather than factor cost. 2 Comprehensive coverage of the corporate sector in both manufacturing and services by inclusion of annual accounts submitted with Ministry of Corporate Affairs (MCA). 3 Inclusion of information from the accounts of stockbrokers, stock exchanges, asset management companies, mutual funds, and pension funds, as well as regulatory bodies such as SEBI, PFRDA, IRDAI 4 Base year changed from 2004-05 to 2011-12

3. 
In case of which price-based method, competitive bids offered up to the maximum rate of yield or the minimum offer price, as determined by the RBI, will be accepted at the respective bid rate, subject to a ceiling of notified amount?

4. 
The Central Government has authority, to direct RBI, for non-issue or the discontinuance of issue of currency notes of such denominations, as it may specify in this behalf, on the recommendation of whom?

5. 
During which period, the exchange rate of the rupee was officially determined by the RBI, in terms of a weighted basket of currencies of India's major trading partners and there were significant restrictions on the current account transactions.

6. 
If preference shareholders are given the right to share profits along with equity shareholders, after a specified fixed dividend, contracted for, is paid, such shares are known as?

7. 
Which of the following assignment in merchant banking offers an opportunity for the banks to get short-term deposits at nominal cost. (1) Payment of Dividend Warrants, (2) Payment of Interest Warrants, (3) Payment of Refund Orders (4) meeting underwriting commitment.

8. 
Self-Help Groups (SHGs) are small informal group of ____ individuals, who are ____ with respect to social and economic background and come together voluntarily, for promoting savings habit among members and for a common cause to raise and manage resources, for the benefit of group members.

9. 
Immediately after independence, which type of institutions were established mainly to cater to the demand for long-term finance by the industrial sector.

10. 
Fill in the blanks: If the stock market moves downwards, FIIs will tend to ____ their money, that would lead to an increase in outward foreign remittances, which ____ the domestic currency.

11. 
Applications Supported by Blocked Amount-ASBA is an application containing an authorization to block the application money in the bank account, for subscribing to an issue. The application money is actually debited from the bank account, if the following condition is satisfied?

12. 
The regulation of the foreign exchange market originated with the implementation of the Defense of India Rules (DIR) on 3rd September, 1939. This was later superseded by an equally tough legislation in the form of?

13. 
The inter-bank money markets and central bank lending via repo operations or discounting provide liquidity for ___ and private non-bank money market instruments, such as commercial paper provide liquidity to the ___.

14. 
Which sector of the economy is known throughout the world for creating mass employment for low-skilled workers in the modern economy?

15. 
What are sources of finance of National Bank for Financing Infrastructure and Development (NaBFID) 1) public deposits, 2) borrowing from government, 3) borrowing from market and multilateral institutions

16. 
Urban cooperative banks (UCBs) are included in the second schedule of the RBI Act, 1934, if their net demand and time liabilities (NDTL) are at least Rs?

17. 
ABC Limited enters into a 3 Vs 9 FRA with their Bank for a notional amount of Rs.1 crore @6.50%. If on the date of settlement, which is the date three months from today when the borrowing commitment has to be met, the benchmark rate agreed to by the counterparties is 6.25%, what will happen?

18. 
Exim Bank is the Coordinator of which Mechanism for clearance of Project and Services Exports and Deferred Payment Exports? The Group comprises Exim Bank, Government of India, Reserve Bank of India, ECGC Ltd., and commercial banks.

19. 
Production Linked Incentive Scheme (PLI) provides to qualifying manufacturers, the incentives ranging from ___ per cent to __ per cent on additional sales, above the base year of 2019-20?

20. 
In India, the banks are required to keep only a fraction of their deposit liabilities in the form of liquid cash with the RBI, for ensuring safety and liquidity of deposits. This type of system is known as?

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