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Banking: JAIIB
Sample paper 3
,. Under the rating system called CA !"S# the term $ % stands &or 'hich o& the &ollo'ing: A. management o& assets and lia(ilities B. management o& non)per&orming assets C. management o& human resources +. management *uality !. management policies Ans: d 5. -e' +elhi (ranch o& odern Bank issued a &i.ed deposit o& /s.3 lac &or 0 years in the name o& r. S Su(ramaniam 'ho raises a loan o& /s.01111 against the 2+/ 'ith a 3ie' to meet e.igencies at a later stage. 4e comes &or addition o& the name o& his son# as he is not keeping good health &or &e' months. A. the re*uest o& the depositor 'ill (e accepted (eing a genuine reason B. the re*uest 'ill (e accepted since the addition is &or the his son%s name C. the re*uest 'ill (e accepted since the 2+/ is to mature a&ter long time +. the re*uest cannot (e accepted till the loan is outstanding !. any o& the a(o3e Ans: d 3. A loan o& /s.6 lac each is allo'ed (y (ank 7 to a doctor ha3ing his o'n clinic and a la'yer ha3ing his o'n practice. These loans shall (e classi&ied as: A. loan to doctor as priority sector and to la'yer as non)priority sector B. loan to la'yer as priority sector and to doctor as non)priority sector C. loan to doctor and to la'yer as non)priority sector +. loan to doctor and to la'yer as priority sector !. -one o& the a(o3e Ans: a 6. 8ho can deposit the title deed 'ith the (ank &or creating an e*uita(le mortgage: A. 9'ner B. 4is authorised agent C. a person directed (y the court +. a and ( !. a to c Ans: d 0. 8hich among the &ollo'ing# is the Authority that &i.es the rate o& interest on sa3ing (ank deposits in (anks: A. /eser3e Bank o& India B. inistry o& 2inance C. Indian Banks% Association +. Board o& +irectors o& a Bank !. -one o& the a(o3e Ans: a >. In a ; /< group loan# the interest rate 'ould (e decided on the (asis o&: A. total amount o& the pro=ect cost B. total amount o& the loan C. total amount o& loan and su(sidy +. per capita loan amount !. per capital pro=ect cost Ans: d ?. <our (ranch is ha3ing a partnership current account and a garnishee order in the name o& a partner in the &irm# is recei3ed. It 'ill: A. apply to all partners B. apply to &irm%s account C. not apply to &irm%s account +. not apply to any one. !. a and c Ans: c @. A# a customer has a sa3ing (ank account and her hus(and had 'ithdra'n the money &rom the (ank on the (asis o& &orged che*ues at 3arious occasions (ut the customer did not o(=ect to it. A&ter his death# she comes to (ank and demands the money: A. Bank 'ould re&er the matter to the court B. Bank is lia(le on &orged che*ues C. The (ank is negligent (ut not lia(le# as the customer is party to the &orgery and did not in&orm the (ank in time +. loss shall (e (orne in the ratio o& 01:01 (y the (ank and the customer !. -one o& the a(o3e Ans: ( A. 8ho among the &ollo'ing 'ill sign the account opening &orm &or opening a current account in case o& a partnership &irm 'here the &irm has three partners and a minor# aged ,?# has (een admitted to the &irm &or (ene&its: A. all the three and the &ather o& the minor B. all the three and natural guardian o& the minor C. all the three and the minor himsel& +. all the three partners only !. any o& the a(o3e Ans: d
,1. I& a (orro'er 'ants to &ile an appeal 'ith +/AT against the decision o& +/T under SA/2A!SI Act# ho' much amount it 'ill (e re*uired to deposit:

A. B. C. +.

?0B 01B 50B ,1B

o& o& o& o&

the the the the

amount amount amount amount

!. there is no need &or deposit o& the amount. Ans: (

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