Appearing for JAIIB exams 2015 ? Want to collect some previous years sample questions ? Here is available the sample question paper of the year 2013 for JAIIB. This is an entrance exam being conduced by Indian Institute of Banking and Finance. Read more details below and find sample / model questions of JAIIB 2013.
Exam Board : Indian Institute of Banking and Finance
Exam Name : JAIIB - Entrance Exam
Study Materials Type: Sample / Model Question Paper 2013
File to download : Text Version as provided below.
1) The apex institution which handles refinance for agriculture and rural development is called:
a) RBI
b) SIDBI
c) NABARD
d) SEBI
Ans:- (c)
2) Long Form Audit Report (LFAR) is prepared and submitted by
a) RBI inspectors
b) Internal inspectors
c) Statutory auditors
d) Concurrent auditors
Ans:- (c)
3) As per FIMMDA’s guidelines, the Mid-Office is responsible for:
a) Dealing activities
b) Risk Management
c) Reconciliation
d) Confirmation of deals
Ans:- (b)
4) Interest is calculated on actual/365 days basis in respect of the following products, except one :
a) Call Money
b) Notice Money
c) Term Money
d) GOI dated securities
Ans:- (d)
5) Which was the first Mutual Fund started in India:
a) SBI Mutual Fund
b) Kotak Pioneer Mutual Fund
c) Indian Bank Mutual Fund
d) None of the above
Ans:- (d)
6) The regulator for Mutual Funds in India is:
a) FIMMDA
b) AMFI
c) RBI
d) SEBI
Ans:- (d)
7) FIMMDA’s general principles and procedures are applicable to:
a) Fixed Income Markets
b) Money Markets
c) Derivatives Markets
d) All of the above
Ans:- (d)
8) Your bank’s customer XYZ Ltd, enjoys a CC limit of Rs.1,00,000.00
The CC account shows a credit balance of Rs,10,205.00.
The relationship between your bank and XYZ Ltd is:
a) Debtor/Creditor
b) Creditor/Debtor
c) Bailor/Bailee
d) Bailee/Bailor
Ans:- (a)
9) The right of set-off is:
a) Customer’s Right
b) Customer’s Obligation
c) Banker’s Right
d) Banker’s Discretion
Ans:- (d)
10) Which of the following forms of business are permissible under BR Act:
a) Borrowing
b) Issuance of Letters of Credit
c) Buying and selling of bullion
d) All of the above
Ans:- (d)
11) Reserve Bank of India’s functions are classified into:
a) Supervisory & Regulatory
b) Promotional & Developmental
c) Refinance Activities
d) All of the above
Ans:- (d)
12) Minimum Bank Rate is:
a) 3%
b) 4%
c) 5%
d) None
Ans:- (d)
13) Sec ---- of RBI Act,1934 gives sole power to RBI to issue currency notes
a) 10
b) 18
c) 22
d) 26
Ans:- (c)
14) KYC means
a) Know Your Customer very well
b) Know Your existing Customer very well
c) Know Your prospective Customer very well
d) Satisfy yourselves about the customer’s identity and activities.
Ans:- (d)
15) In a Garnishee Order, the banker on whom garnishee order served is:
a) Judgement Debtor’s Creditor
b) Judgement Creditor’s Creditor
c) Judgement Creditor’s Debtor
d) Judgement Debtor’s Debtor
Ans:- (d)
Exam Board : Indian Institute of Banking and Finance
Exam Name : JAIIB - Entrance Exam
Study Materials Type: Sample / Model Question Paper 2013
File to download : Text Version as provided below.
1) The apex institution which handles refinance for agriculture and rural development is called:
a) RBI
b) SIDBI
c) NABARD
d) SEBI
Ans:- (c)
2) Long Form Audit Report (LFAR) is prepared and submitted by
a) RBI inspectors
b) Internal inspectors
c) Statutory auditors
d) Concurrent auditors
Ans:- (c)
3) As per FIMMDA’s guidelines, the Mid-Office is responsible for:
a) Dealing activities
b) Risk Management
c) Reconciliation
d) Confirmation of deals
Ans:- (b)
4) Interest is calculated on actual/365 days basis in respect of the following products, except one :
a) Call Money
b) Notice Money
c) Term Money
d) GOI dated securities
Ans:- (d)
5) Which was the first Mutual Fund started in India:
a) SBI Mutual Fund
b) Kotak Pioneer Mutual Fund
c) Indian Bank Mutual Fund
d) None of the above
Ans:- (d)
6) The regulator for Mutual Funds in India is:
a) FIMMDA
b) AMFI
c) RBI
d) SEBI
Ans:- (d)
7) FIMMDA’s general principles and procedures are applicable to:
a) Fixed Income Markets
b) Money Markets
c) Derivatives Markets
d) All of the above
Ans:- (d)
8) Your bank’s customer XYZ Ltd, enjoys a CC limit of Rs.1,00,000.00
The CC account shows a credit balance of Rs,10,205.00.
The relationship between your bank and XYZ Ltd is:
a) Debtor/Creditor
b) Creditor/Debtor
c) Bailor/Bailee
d) Bailee/Bailor
Ans:- (a)
9) The right of set-off is:
a) Customer’s Right
b) Customer’s Obligation
c) Banker’s Right
d) Banker’s Discretion
Ans:- (d)
10) Which of the following forms of business are permissible under BR Act:
a) Borrowing
b) Issuance of Letters of Credit
c) Buying and selling of bullion
d) All of the above
Ans:- (d)
11) Reserve Bank of India’s functions are classified into:
a) Supervisory & Regulatory
b) Promotional & Developmental
c) Refinance Activities
d) All of the above
Ans:- (d)
12) Minimum Bank Rate is:
a) 3%
b) 4%
c) 5%
d) None
Ans:- (d)
13) Sec ---- of RBI Act,1934 gives sole power to RBI to issue currency notes
a) 10
b) 18
c) 22
d) 26
Ans:- (c)
14) KYC means
a) Know Your Customer very well
b) Know Your existing Customer very well
c) Know Your prospective Customer very well
d) Satisfy yourselves about the customer’s identity and activities.
Ans:- (d)
15) In a Garnishee Order, the banker on whom garnishee order served is:
a) Judgement Debtor’s Creditor
b) Judgement Creditor’s Creditor
c) Judgement Creditor’s Debtor
d) Judgement Debtor’s Debtor
Ans:- (d)
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