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April30th,2014,07:28PM

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JAIIBquestionpapersonAccountingandFinancepreviousyearquestionpapers

Question And
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CanyoupleasegivemetheJAIIBquestionpapersonAccountingandFinanceprevious
yearquestionpapersasitisveryurgentforme?

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May1st,2014,03:17PM

Nilesh
SuperModerator

#2
JoinDate:Nov2011
Posts:31,703

Re:JAIIBquestionpapersonAccountingandFinancepreviousyearquestionpapers

AsyouwanttogettheJAIIBquestionpapersonAccountingandFinancepreviousyearquestionpaperssohereistheinformationofthesame
foryou:
1)Theapexinstitutionwhichhandlesrefinanceforagricultureandruraldevelopmentiscalled:
a)RBI
b)SIDBI
c)NABARD
d)SEBI
Ans:(c)
2)LongFormAuditReport(LFAR)ispreparedandsubmittedby
a)RBIinspectors
b)Internalinspectors
c)Statutoryauditors
d)Concurrentauditors
Ans:(c)
3)AsperFIMMDAsguidelines,theMidOfficeisresponsiblefor:
a)Dealingactivities
b)RiskManagement
c)Reconciliation
d)Confirmationofdeals
Ans:(b)
4)Interestiscalculatedonactual/365daysbasisinrespectofthefollowingproducts,exceptone:

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a)CallMoney
b)NoticeMoney
c)TermMoney
d)GOIdatedsecurities
Ans:(d)
5)WhichwasthefirstMutualFundstartedinIndia:
a)SBIMutualFund
b)KotakPioneerMutualFund
c)IndianBankMutualFund
d)Noneoftheabove
Ans:(d)
6)TheregulatorforMutualFundsinIndiais:
a)FIMMDA
b)AMFI
c)RBI
d)SEBI
Ans:(d)
7)FIMMDAsgeneralprinciplesandproceduresareapplicableto:
a)FixedIncomeMarkets
b)MoneyMarkets
c)DerivativesMarkets
d)Alloftheabove
Ans:(d)
8)YourbankscustomerXYZLtd,enjoysaCClimitofRs.1,00,000.00
TheCCaccountshowsacreditbalanceofRs,10,205.00.
TherelationshipbetweenyourbankandXYZLtdis:
a)Debtor/Creditor
b)Creditor/Debtor
c)Bailor/Bailee
d)Bailee/Bailor
Ans:(a)
9)Therightofsetoffis:
a)CustomersRight
b)CustomersObligation
c)BankersRight
d)BankersDiscretion
Ans:(d)
10)WhichofthefollowingformsofbusinessarepermissibleunderBRAct:
a)Borrowing
b)IssuanceofLettersofCredit
c)Buyingandsellingofbullion
d)Alloftheabove
Ans:(d)
11)ReserveBankofIndiasfunctionsareclassifiedinto:
a)Supervisory&Regulatory
b)Promotional&Developmental
c)RefinanceActivities
d)Alloftheabove
Ans:(d)
12)MinimumBankRateis:
a)3%
b)4%
c)5%
d)None
Ans:(d)
13)SecofRBIAct,1934givessolepowertoRBItoissuecurrencynotes
a)10
b)18
c)22

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d)26
Ans:(c)
14)KYCmeans
a)KnowYourCustomerverywell
b)KnowYourexistingCustomerverywell
c)KnowYourprospectiveCustomerverywell
d)Satisfyyourselvesaboutthecustomersidentityandactivities.
Ans:(d)
15)InaGarnisheeOrder,thebankeronwhomgarnisheeorderservedis:
a)JudgementDebtorsCreditor
b)JudgementCreditorsCreditor
c)JudgementCreditorsDebtor
d)JudgementDebtorsDebtor
Ans:(d)
1.Choosethewrongpairfromthefollowing.Theinformationgiveninthepairispertainingtobankingcompanies
(a)DemandDepositsCompulsorydepositsunderexciserules
(b)rebateonbillsdiscountedunexpireddiscount
(c)OperatingExpensesSchedule14
(d)OtherIncomeProfitonsaleofinvestmentslesslossonsaleofinvestments
2.Thenameoftheaccountswiththecoverageofvariousitemsinbuildingthataccountisgivenbelow.Oneoftheitemscoveredinonofthe
accountsiswrong.Selectthisaccount
(a)ClosingbalanceofprovisionsheldtowardsNPAOpeningBalanceplusprovisionsmadeduringtheyearlesswriteoffofbaddebts/write
backofexcessprovisions
(b)InterestEarnedinterestonadvancesplusincomeoninvestmentsplusinterestondepositwithRBIplusincomeearnedbywayof
dividendsfromsubsidiariesplusdiscountonbillslessunexpireddiscount
(c)Reserves&surplusOpeningbalanceplusadditionsduringtheyearlessdeductionsduringtheyear
(d)TermdepositsfrombanksandfromOthers
3.IdentifyapairwhichismismatchfromthefollowingpairsinrespectofCompanyAccounts
(a)MiscellaneousExpenditurePreliminaryExpenses
(b)ContingentLiabilitiesfootnotetobalancesheet
(c)DebenturesUnsecuredLoans
(d)OutstandingExpensesCurrentLiabilities
4.IdentifyapairwhichismismatchfromthefollowingpairsinrespectofCompanyAccounts
(a)DiscountonissueofsharesProfitandLossAccount
(b)Billdiscountedcontingentliabilities
(c)InterestaccruedanddueondebenturesSecuredLoans
(d)MortgageLoanSecuredLoans
5.Companiesarerequiredtotransfercertainpercentageoftheirprofitaftertaxtoreserves,todeclaredividend.Thevariousratesoftransfer
basedontheratesofdividendaregivenbelowinpair.Selectthewrongpair.
(a)Rateofdividendexceeds10%butnot12.50Transfertoreserve@Nil%
(b)Rateofdividendexceeds12.50%butnot15%Transfertoreserve@5%
(c)Rateofdividendexceeds15%butnot20%Transfertoreserve@7.50%
(d)Rateofdividendexceeds20%Transfertoreserve@10%
6.Whilepreparingthefinalaccountsofthecompany,theadjustments[(i)to(iv)]aretobemadebypassingnecessaryentries.Oneofthe
entriespassediswrongentry.Selectthewrongentry.(i)Depreciateplant,WDVofwhichisRs.3,30,000at15%(ii)WriteoffRs.5,000from
PreliminaryExpenses(iii)Halfyearsdebentureinterestdue(12%debenturesofRs.3,00,000)(iv)aclaimofRs.25,000forworkmens
compensationisdisputedbythecompany.
(a)DebitDepreciationonplantbyRs.49,500creditplantby49,500ANDDebitProfit&LossAccountby49,500andCreditDepreciationonplant
by49,500
(b)DebitProfitandLossAccountbyRs.5,000andCreditPreliminaryExpenses
(c)DebitDebentureInterestbyRs.18,000&OutstandingLiabilityforDeb.Interestby18,000ANDDebitProfitandLossAccountbyRs.18,000

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andCreditDebentureInterestbyRs.18000
(d)DebitWagesbyRs.25,000&CreditOutstandingLiabilityforWorkerscompensationANDDebitProfitandLossAccountbyRs.25,000and
CreditWagesbyRs.25,000
7.Whilepreparingthefinalaccountsofthecompany,theadjustments[(i)to(iv)]aretobemadebypassingnecessaryentries.Oneofthe
entriespassediswrongentry.Selectthewrongentry.(i)Providedividend5%ofpaidupsharecapital(SharecapitalofRs.5,00,000consisting
ofsharesofRs.10eachfullypaid)(ii)InsuranceforunexpiredperiodisRs.2000(iii)AprovisionofRs.25,000istobemadeforincometax
(iv)aprovisionofRs.5000istobemadefordoubtfuldebts
(a)DebitDividendbyRs.25000&CreditBankbyRs.25000
(b)PrepaidInsurancebyRs.2000&InsurancebyRs.2000
(c)DebitProfit&LossAccountbyRs.25,000&CreditProvisionforTaxbyRs.25,000
(d)DebitProfit&LossbyRs.5,000&CreditProvisionfordoubtfuldebtsbyRs.5,000
8.Inrespectofassetsideofthebalancesheetoneoftheitemsispresentedinaproperorder,restsaredisorderly.Selecttheorderly
presenteditemfromthefollowing.
(a)Investments,FixedAssets,CurrentAssets&LoanAdvances,Profit&LossAccount(Dr.balance),MiscellaneousExpenditure
(b)FixedAssets,Investments,CurrentAssets&LoanAdvances,Profit&LossAccount(Dr.balance),MiscellaneousExpenditure
(c)FixedAssets,Investments,CurrentAssets&LoanAdvances,MiscellaneousExpenditure,Profit&LossAccount(Dr.balance)
(d)FixedAssets,CurrentAssets&LoanAdvances,Profit&LossAccount(Dr.balance),MiscellaneousExpenditure
9.OneofthestatementsinrespectofProfit&LossAdjustmentaccountisincorrect,restarecorrect.Marktheincorrectsentence.
(a)Theaccountiscreditedwithclosingbalanceofprofitandlossaccountoflastyear
(b)Theaccountiscreditedwithcurrentyearsnetprofit
(c)Theaccountisdebitedwithprovisionfortaxes
(d)Theaccountisdebitedwithprovisionfordividend
10.Thetwoportionofeachpairrelatingtopartnershipaccountshasgotsomerelationship.Howeveroneofthepairsisamismatchandhasno
relationship.Selectthispairfromthefollowing
(a)Managementofbusinessbusinessmayberunbyoneorsomeorallpartner
(b)Treatmentoflossesinsolvencyofapartner
(c)LoanfrompartnersNointerestaspartnersareowners
(d)Goodwillsuperprofitmethod
11.Thetwoportionofeachpairrelatingtoadmissionofapartnerhasgotsomerelationship.Howeveroneofthepairsismismatchandhasno
relationship.Selectthispairfromthefollowing
(a)Admissionofapartnergainratio
(b)Reserves&surplusOldpartners
(c)Goodwillnewpartner
(d)Revaluationofassets&liabilitiesProfit&Lossadjustmentaccount
12.Thetwoportionofeachpairrelatingtoretirementofapartnerhasgotsomerelationship.Howeveroneofthepairismismatchandhasno
relationship.Selectthispairfromthefollowing
(a)Retirementvoluntaryaction
(b)Gainretiringpartner
(c)Shareofgoodwillbornebycontinuingpartners
(d)Reserve&surplusbelongtoallpartners
13.Ifthepartnerscapitalaccountsarefixed,wherewillyourecord(eitherdebitsideorcreditsideofwhichaccount)thefollowing
transactions(i)Salarypayabletopartner(ii)Freshcapitalintroducedbyapartner(iii)Drawingmadebyapartner(iv)Shareofprofitearned
byapartner.Theeffecttooneofthejournalentriesiswronglygiven.Identifythataccountfromthefollowing.
(a)Debitsideofpartnerscurrentaccount
(b)Creditsideofpartnerscapitalaccount
(c)Debitsideofpartnerscurrentaccount
(d)Creditsideofpartnerscurrentaccount
14.L,KandParepartners.Thefollowingdifferencesaslistedat(i)to(iv)havearisenduetomisunderstanding.Theanswertoeachpointis
givenat(a)to(d).Oneofthesolutionsisincorrect.Identifythewrongsolution.(i)LusedRs.25,000belongingtothefirmandmadeaprofitof
Rs.4,000.Kwantstheamounttobegiventothefirm(ii)PusedRs.10,000belongingtothefirmandsufferedalossofRs.3000.Hewantsthe

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firmtobeartheloss(iii)L&KwishestoappointSasnewpartner.Pdoesnotagree(iv)LhasgivenloanofRs.50,000tothefirm,hewants
interestat6%(thereisnopartnershipdeed)
(a)Kisright.LmustpayRs.29,000tothefirm
(b)Pisright.Firmshouldbearprofitaswellaslosses.
(c)Pisright.Nonewpartnercanbeadmittedwithouttheconsentofall.
(d)Lisright.Heisentitledforinterestat6%intheabsenceofpartnershipagreement.
15.Belowaresomestatementsaboutpartnership.Oneofthemiscorrect,identifythatstatement.
(a)Partnershiparisesfromreputation
(b)Apartnershipisformedonlyforalegalbusiness
(c)Theliabilityofpartnersislimited
(d)Thebusinessofthefirmisconductedbytwopartners
16.OandParetwopartnerssharingprofitsintheratioof7:3.TheyadmitQintopartnershipasapartnerfrom1stApril2006on3/7thsharein
theprofit.Whatisthenewprofitsharingratio
(a)14:6:15
(b)7:3:3
(c)2:2:3
(d)Noneoftheabove
17.AfirmearnsRs.10,000asitsnormalprofits.Therateofnormalreturnbeing10%.TheassetsofthefirmamounttoRs.72,000and
liabilitiestoRs.24,000.Findoutthevalueofgoodwill.
(a)Rs.52,000
(b)Rs.1,00,000
(c)Rs.28,000
(d)Nil
18.Whenanewpartnergivescashforgoodwill,theamountiscreditedto
(a)Goodwillaccount
(b)Capitalaccountofnewpartner
(c)Cashaccount
(d)Noneoftheabove
19.IfthegoodwillaccountisraisedforRs.50,000,theamountisdebitedto
(a)Thecapitalaccountsofpartners
(b)Goodwillaccount
(c)Cashaccount
(d)Noneoftheabove
20.AandBsharingprofitsandlossesintheratioof2:1.Cisadmittedaspartnergivinghimshare.Thenewprofitsharingratiowillbe
(a)2:1:1
(b)4:4:3
(c)3:3:2
(d)Noneoftheabove
21.Iftheadjustmentinthevaluesofassetsatthetimeoftheadmissionofapartnershowsaprofit,itshouldbecreditedtothecapital
accountsof
(a)Theoldpartnersintheirnewprofitsharingratio
(b)Allpartnersintheirnewprofitsharingratio
(c)Theoldpartnersintheiroldprofitsharingratio
(d)Noneoftheabove
22.A,BandCarethreepartnersharingprofitsintheratioof3:1:1.CretiresandhisshareispurchasedbyB.thenewprofitsharingratio
shallbe

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(a)3:1
(b)7:3
(c)3:2
(d)Noneoftheabove
23.Ontheretirementofthepartner,theprofitsonrevaluationofassetsshouldbecreditedtotheaccountsof
(a)Allthepartnersintheirprofitsharingratio
(b)Theremainingpartnersintheirnewprofitsharingratio
(c)Theremainingpartnersintheiroldprofitsharingratio
(d)Noneoftheabove
24.A,BandCshareprofitsas3:2:1.Cretires.CalculatethegainratioofAandB
(a)3:2
(b)1:1
(c)2:1
(d)Noneoftheabove
25.Choosetheincorrectstatementincaseofdissolutionofpartnershipfromthefollowingstatements
(a)Onthedissolutionofthefirm,firstcreditorslikewagesoutstandingetc.willhavetobepaid
(b)Goodwillwillberaisedinthebookswhenafirmisdissolved
(c)Theloanfromthespouseofapartneristreatedjustlikealoanfromoutsideparties
(d)Afterthebooksareclosed,noaccountwillshowanybalance.
26.Choosetheincorrectstatementfromthefollowingstatementwhicharepertainingtocompanyaccounts
(a)Thecompanyisanartificialperson
(b)Amemberofacompanymaybindthecompanybyitsactions.
(c)Theshareholdersarenotliablefortheactsofthecompany
(d)Thepremiumreceivedonsharesmaybedistributedamongshareholders.
27.Anewcompanycannotissueshares
(a)atpar
(b)atdiscount
(c)atpremium
(d)noneoftheabove
28.Acompanywishestopaydividendonshares.Statewhichofthefollowingmaybeusedforthepurpose.
(a)Premiumofshares
(b)Profitonreissueofforfeitedshares
(c)GeneralReserve
(d)Noneoftheabove
29.IfRs.10sharehasbeenissuedatapremiumofRs.5,onwhichentireamounthasbeencalledup,hasbeenforfeitedfornonpaymentofRs.
4,theShareCapitalAccountwillbedebitedby
(a)Rs.15
(b)Rs.10
(c)Rs.4
(d)Rs.6
30.Moneyreceivedinadvancefromshareholderbeforeitisactuallycalledupbythecompanyis
(a)DebitedtoCallsinarrearsAccount
(b)DebitedtoCallsinAdvanceAccount
(c)CreditedtoCallsinAdvanceAccount

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(d)CreditedtoShareCapitalAccount
31.IfashareofRs.10issuedatapremiumofRs.1onwhichRs.9(includingpremium)havebeencalledandRs.7(includingpremium)paidis
forfeited,thecapitalaccountshouldbedebitedby
(a)Rs.8
(b)Rs.10
(c)Rs.9
(d)Rs.7
32.Dividendareusuallypaidon
(a)Calledupcapital
(b)Paidupcapital
(c)Authorisedcapital
(d)Noneoftheabove
33.PreliminaryExpensesis
(a)FictitiousAsset
(b)Currentliability
(c)Currentasset
(d)Noneoftheabove
34.AandBarepartnerssharingprofitsintheratioof3:2.Cisadmittedasapartner.ThenewprofitsharingratioamongA,BandCis4:3:2.
Findoutthesacrificingratio
(a)7:3
(b)4:3
(c)1:1
(d)Noneoftheabove
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June4th,2014,11:47AM

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JAIIBexampreviousyearquestionpapersfreedownload

WillyoupleasegivemetheJAIIBexampreviousyearquestionpapersasitisveryurgentforme?

June5th,2014,02:45PM

Sashwat
SuperModerator

#4
JoinDate:Jun2011
Posts:35,928

Re:JAIIBexampreviousyearquestionpapersfreedownload

AsyouwanttogettheJAIIBexampreviousyearquestionpaperssohereistheinformationofthesameforyou:
1)ReserveBankofIndiasfunctionsareclassifiedinto:
a)Supervisory&Regulatory
b)Promotional&Developmental
c)RefinanceActivities
d)Alloftheabove
Ans:(d)
2)MinimumBankRateis:
a)3%
b)4%
c)5%
d)None
Ans:(d)
3)SecofRBIAct,1934givessolepowertoRBItoissuecurrencynotes
a)10
b)18
c)22
d)26
Ans:(c)
4)KYCmeans
a)KnowYourCustomerverywell
b)KnowYourexistingCustomerverywell
c)KnowYourprospectiveCustomerverywell
d)Satisfyyourselvesaboutthecustomersidentityandactivities.
Ans:(d)
5)InaGarnisheeOrder,thebankeronwhomgarnisheeorderservedis:
a)JudgementDebtorsCreditor
b)JudgementCreditorsCreditor
c)JudgementCreditorsDebtor
d)JudgementDebtorsDebtor
Ans:(d)
6)Sec131ofNIAct,1881extendsprotectiontothe
a)PayingBanker
b)CollectingBanker
c)AdvisingBanker
d)IssuingBanker
Ans:(b)
7)Hypothecationisapplicableinthecaseof
a)Movablegoods
b)Immovableproperty

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c)Bookdebts
d)Corporateguarantee
Ans:(a)
8)Achequeisdated12/05/05.theduedateis:
a)12/08/05
b)14/09/05
c)12/11/05
d)None
Ans:(d)
9)ChargecreatedonLICPolicyis:
a)Hypothecation
b)Pledge
c)Assignment
d)Mortgage
Ans:(c)
10)YourbankgrantsaworkingcapitalfinancetoABC&Co,apartnershipfirm,againsthypothecationofinventory.Thechargeistobe
registeredwithRegistrarofCompanieswithin
a)30daysfromthedateofadvance
b)30daysfromthedateofhypothecationagreement
c)30daysfromthedateofsanctionofloan
d)None
Ans:(d)
11)Whichoneofthefollowingisnotbarredbylawoflimitation?
a)Pledge
b)Hypothecation
c)Bankerslien
d)Guarantee
Ans:(c)
12)ThetermCreditManagementcovers
a)Capitaladequacynorms
b)RiskmanagementincludingAsset/Liabilitymanagement
c)Creditappraisaldecisionandreviewofloans&advances
d)Alloftheabove
Ans:(d)
13)BanksAssetsareclassifiedintostandardassets,substandardassetsdoubtfulassetsandlossassets,basedontherecommendationsof
Committee
a)Rangarajan
b)Narasimham
c)Ghosh
d)Tandon
Ans:(b)
14)Thetimetakentoconvertcashintorawmaterials,semifinishedgoods,finishedgoodsandintocash,isknownas
a)Tradecycle
b)Cashcycle
c)Operatingcycle
d)Revolvingcycle
Ans:(c)
15)Acompanywhichpoolsmoneyfrominvestorsandinvestsinstocks,bonds,sharesiscalled
a)Abank
b)Aninsurancecompany
c)Bancassurance
d)MutualFund
Ans:(d)
16)Bancassuranceis
a)Aninsuranceschemetoinsurebankdeposits
b)Aninsuranceschemetoinsurebankadvances
c)Acompositefinancialserviceofferingbothbankandinsuranceproducts
d)Abankdepositschemeexclusivelyforemployeesofinsurancecompanies
Ans:(c)

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17)John&Jamesarefriendsaged14&15respectively.Theywanttoopenajointaccountinyourbank.Youwill
a)Allowthemtoopenajointaccounttobeoperatedjointly
b)AllowthemtoopenajointaccountwithoperatinginstructionsEitherorSurvivor
c)AllowthemtoopenajointaccountwithoperatinginstructionsFormerorSurvivor
d)AllowthemtoopenajointaccountwithoperatinginstructionsAnyoneorSurvivor
Ans:(a)
18)Mr.AtmaramasdirectorofaLtdcompanyexpired.BankreceivedachequesignedbyMr.AtmaramasdirectoroftheLtdcompany.Thebank
a)Canhonourthechequeonlyafterobtainingconfirmationfromotherdirectors
b)Canhonourthecheque
c)Cannothounourthecheque
d)Thecompanyshouldissueastoppaymentinstructionstothebank
Ans:(b)
19)Telebankingserviceisbasedon
a)VirtualBanking
b)OnlineBanking
c)Voiceprocessing
d)CoreBanking
Ans:(c)
20)Inasecuritisationdeal,theroleofaSpecialPurposeVehicle(SPV)is
a)ToacquirelargeNonPerformingLoans(NPA)
b)Toacquiresuchloansfromabankorfinancialinstitution
c)Toacquiresuchloansforatransferprice,withorwithoutrecourse
d)Tomanagetheacquiredloansforthepurposeofrealizationorholdsthemasinvestmenttillmaturity(d)
21)Securitisationisaprocessofacquiringtheloansclassifiedas
a)Bookdebts
b)Performingdebts
c)Baddebts
d)Nonperformingdebts
Ans:(d)
22)TheminimumpercentageofPrioritySectoradvancestobemaintainedbyforeignbanksinIndia
a
)40%
b)18%
c)32%
d)60%
Ans:(c)
23)LoanforfishrearingiscoveredunderPriroritySectorasadvances
a)DirectAgriculture
b)IndirectAgriculture
c)SelfEmploymentScheme
d)AlliedtoindirectAgriculture
Ans:(a)
24)CashBudgetisastatementof
a)CashNoncashfunds
b)CashreceiptandCashpayments
c)Anothernameforcashflow
d)None
Ans:(b)
25)Inbanksparlancecreditriskinlendingis
a)DefaultofthebankertomaintainCRR
b)DefaultofthebankertomaintainSLR
c)Defaultofthebankertoreleasecredittothecustomer
d)Defaultofthecustomertorepaytheloan
Ans:(d)
26)Theapexinstitutionwhichhandlesrefinanceforagricultureandruraldevelopmentiscalled:
a)RBI
b)SIDBI
c)NABARD
d)SEBI

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Ans:(c)
27)LongFormAuditReport(LFAR)ispreparedandsubmittedby
a)RBIinspectors
b)Internalinspectors
c)Statutoryauditors
d)Concurrentauditors
Ans:(c)
28)AsperFIMMDAsguidelines,theMidOfficeisresponsiblefor:
a)Dealingactivities
b)RiskManagement
c)Reconciliation
d)Confirmationofdeals
Ans:(b)
29)Interestiscalculatedonactual/365daysbasisinrespectofthefollowingproducts,exceptone:
a)CallMoney
b)NoticeMoney
c)TermMoney
d)GOIdatedsecurities
Ans:(d)
30)WhichwasthefirstMutualFundstartedinIndia:
a)SBIMutualFund
b)KotakPioneerMutualFund
c)IndianBankMutualFund
d)Noneoftheabove
Ans:(d)
31)TheregulatorforMutualFundsinIndiais:
a)FIMMDA
b)AMFI
c)RBI
d)SEBI
Ans:(d)
32)FIMMDAsgeneralprinciplesandproceduresareapplicableto:
a)FixedIncomeMarkets
b)MoneyMarkets
c)DerivativesMarkets
d)Alloftheabove
Ans:(d)
33)YourbankscustomerXYZLtd,enjoysaCClimitofRs.1,00,000.00TheCCaccountshowsacreditbalanceofRs,10,205.00.Therelationship
betweenyourbankandXYZLtdis:
a)Debtor/Creditor
b)Creditor/Debtor
c)Bailor/Bailee
d)Bailee/Bailor
Ans:(a)
34)Therightofsetoffis:
a)CustomersRight
b)CustomersObligation
c)BankersRight
d)BankersDiscretion
Ans:(d)
35)WhichofthefollowingformsofbusinessarepermissibleunderBRAct:
a)Borrowing
b)IssuanceofLettersofCredit
c)Buyingandsellingofbullion
d)Alloftheabove
Ans:(d)
36)ACoOperativeBankoperatingindifferentStatesareregulatedby:
a)StateCoOperativeSocietiesAct
b)BankingRegulationAct
c)MultiUnitCoOperativeSocietiesAct
d)BankingLaws(applicabletoCoOperativeSocieties)

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Ans:(c)
37)InrespectofRegionalRuralBanks,theshareholdingpatternis:
a)CentralGovernment50%,StateGovernment35%,SponsoringBank15%
b)CentralGovernment50%,StateGovernment15%,SponsoringBank35%
b)CentralGovernment15%,StateGovernment35%,SponsoringBank50%
b)CentralGovernment35%,StateGovernment50%,SponsoringBank15%
Ans:(b)
38)Lawoflimitationisnotapplicableinrespectof:
a)Advanceagainstpledgeofshares
b)CCgrantedagainsthypothecationofinventory
c)TermloansecuredbymortgageofPlant&Machinery
d)BankTermDeposit
Ans:(d)
39)AbankinIndia,wantstoundertakecapitalmarketactivities,itshould:
a)ObtainspeciallicensefromAMFI
b)ObtainspeciallicensefromFIMMDA
c)Bothaandb
d)RegisterwithSEBI
Ans:(d)
40)FIMMDAstandsfor:
a)ForeignExchangeMarketsandDerivativeMarkets
b)FixedIncomeMarketsMoneyMarketsandDerivativesMarkets
c)FixedIncomeMarketsandDerivativesMarkets
d)Noneoftheabove
Ans:(b)
41)TheCapitalAdequacyRatiois:
a)6%
b)8%
c)9%
d)10%
Ans:(c)
42)ExceptoneofthefollowingothersareknownasNonFundbasedfacilities:
a)LettersofCredit
b)BankGuarantees
c)CoacceptanceofBills
d)TrustReceipt
Ans:(d)
43)FIMMDAsguidelinescoverthefollowingproducts,exceptone:
a)CallMoney
b)CrossCurrencyInterestRateswaps
c)CommercialPaper
d)CertificateofDeposit
Ans:(b)
44)ExceptoneofthefollowingothersarepartofPublicSectorBanks:
a)StateBankofHyderabad
b)CentralBankofIndia
c)RegionalRuralBank,sponsoredbyanationalizedbank
d)HDFCBank
Ans:(d)
45)AbankerisexpectedtohonourthechequeswithinthespecifiedbankinghoursasperSectionofNIAct,1881
a)22
b)25
c)31
d)65
Ans:(d)
__________________
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September12th,2014,12:42PM

#5

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Re:JAIIBexampreviousyearquestionpapersfreedownload
Quote:

OriginallyPostedbyUnregistered
WillyoupleasegivemetheJAIIBexampreviousyearquestionpapersasitisveryurgentforme?
JAIBBquestion2014firstpart

November2nd,2014,08:23PM

#6

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Re:JAIIBexampreviousyearquestionpapersfreedownload

kindlysend3yrsquestionpaperswithanswerofJAIIB.THANKS

November7th,2014,11:49PM

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Re:JAIIBexampreviousyearquestionpapersfreedownload

[=Unregistered636958]WillyoupleasegivemetheJAIIBexampreviousyearquestionpapersasitisveryurgentforme?[/QUOTE]

November9th,2014,05:50PM

#8

RajMehta

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kindlyprovidmepdffileforjaiibexam.
Irequiresoftcopyofmaterialforfollowingsubject.
1.financeandaccounting
2.legalaspectofbanking.
kindlysendmeemailon
rajmehta.rm104@gmail.com
thankyouverumuchinadvance.

Regards,
RajMehta.

November10th,2014,08:21AM

#9

karthika.m

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Re:JAIIBquestionpapersonAccountingandFinancepreviousyearquestionpapers

PlssendAccountingandfinancepreviousyearpaperwithanswer

November10th,2014,10:15AM

#10

GOURAVDADHICH

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Re:JAIIBexampreviousyearquestionpapersfreedownload
Quote:

OriginallyPostedbyUnregistered
kindlysend3yrsquestionpaperswithanswerofJAIIB.THANKS
DEARSIR,
Iwantoldpapersofjaiib,acocuntsandleagl,requestyoutosendongouravdadhich42@gmail.com.
Thanks

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