Caiib Cental Banking Question Paper with Answers

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In the Below Given Caiib Central Banking Book We Have Selected 30 Important Questions from central banking Caiib Previous Year Question Paper. By referring Below Given Caiib Central Banking Caiib Study Material Aspiring CAIIB Students who are Preparing for IIBF 2022 Exams can Practice for their Upcoming Exams.

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Caiib Cental Banking Question Paper with Answers

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Created on June 16, 2022 By cetmocktest

Legal and Regulatory Aspects of Banking

1 / 30

1  As per Indian Contract Act 1872, consideration can be ......

Past

Present

Future

Any of the above

2 / 30

2  Essential features of a bailment are ......

Contract

Delivery of possession

Purpose / return of specific goods

All of the above

3 / 30

3  A hire-purchase contract is a ......

Contract of bailment

Contract of sale

Contract of bailment followed by Contract of sale

Contract of lease followed by Contract of bailment

4 / 30

4  Association, Agreement, Business, sharing of profits and sum up the features of a partnership:

Consideration

Mutual agency

Liability

Interest

5 / 30

5  As per Banking Regulation Act, banks will be required to maintain minimum SLR of ...... % of NDTL

25%

20%

30%

None of these as it is fixed by RBI

6 / 30

6  As per Banking Regulation Act, what can be the maximum rate of SLR?

25%

40%

15%

None of these as it is fixed by RBI

7 / 30

7  Exposure norms are not applicable to which of the following?

Advance against Bank's own deposit

Advance against LIP

Advance against NSC

Seasonal Industries

8 / 30

8  For the purpose of exposure norms, which of the following is true for inclusion under exposure?

100% of both fund based and non fund based credit limits

Sanctioned limit or outstanding whichever is higher shall be considered.

In case of fully drawn term loans outstanding and not the limit sanctioned will be considered.

All of these

9 / 30

9  For the purpose of exposure norms, what is the meaning of 'Group'?

Majority of the directors should be common

The Managing Director should be same

Commonality of Management and effective control

All of these

10 / 30

10  Banks can not grant advance against their own shares as per provisions of ......

Section 20 (1) of RBI Act

Section 19(2) of Banking Regulation Act

RBI guidelines

Section 20 (1) of Banking Regulation Act

11 / 30

11  When the confirming bank confirm the credit it

does not take any liability

undertakes on its part the liability under the LC

undertakes to make timely of the documents and bills to the buyer or his bank

None of the above

12 / 30

12  From the following: which function is a securitisation company?

Acquisition of loan transactions from the lender.

Help the lender in recovery by sale of charged property.

Take legal steps against the defaulter borrower on behalf of the lender.

Acquisition of financial assets from the originator

13 / 30

13  When the LC specifies the Bank that is to negotiate the bills drawn under the LC, then the bank is also called......

Confirming Bank

Reimbursing Bank

Nominated Bank

None of the above

14 / 30

14  Who exercises the main administrative control over the functioning of cooperative banks ?

RBI

NABARD

Central govt through coop deptt

State govt through registrar of co-op societies

15 / 30

15  The confirming bank is ......

the issuing bank when it confirms the issue of the LC

the negotiating bank when it confirms the negotiation of the bills

the advising bank when it confirms the LC

None of the above

16 / 30

16  The minimum number of directors required in a public & Private companies are ......

3 & 1

7 & 2

3 & 2

5 & 2

17 / 30

17  The LC issuing bank is also called......

the importer's bank or the opening bank

the advising bank or the confirming bank

the negotiating bank or the nominated bank

the reimbursement bank

18 / 30

18  Central Govt can give directions to RBI in public interest after consulting ...

Central board of RBI

RBI Governor

President of India

Finance Secretary

19 / 30

19  In which of the following areas, RBI can't issue directions to bank ?

Interest rate on deposit

Interest rate on advances

Margin on bank loans

NONE OF THE ABOVE

20 / 30

20  Max penalty for damage to computers or computer systems can be......

5 Lakhs

50 Lakhs

1 Crore

10 Crores

21 / 30

21  When the confirming bank confirm the credit it

does not take any liability

undertakes on its part the liability under the LC

undertakes to make timely of the documents and bills to the buyer or his bank

None of the above

22 / 30

22  Which of the following is not relevant to documentation?

It is evidence of creating a change over security.

It can recognize forgotten transactions.

It provides a right to the Bank to file a summary suit.

It defines rights and obligations of the parties thereto.

23 / 30

23  The requirement of execution of documents depends on:

Nature of credit facility.

Nature of security of loan.

Constitution of business.

All the above

24 / 30

24  The security documents can be by way of :

Personal Security.

Primary Security.

Collateral Security.

Any or all the above.

25 / 30

25  Which of the following one stamps where documents are required to be stamped?

Adhesive Revenue Stamp.

Special Adhesive/Embossed stamp.

Bill of Exchange Stamps.

All the above.

26 / 30

26  The acceptance of recommendations of the banking ombudsman should be conveyed by the bank within?

7 days

15 days

15days

30days

27 / 30

27  How many offices does the banking ombudsman have at present ?

5

10

21

29

28 / 30

28  Before passing an award the banking ombudsman will be guided by;

evidence produced by the parties.

banking law and practice.

instructions and guidelines issued by RBI

all the above

29 / 30

29  An award by banking ombudsman will contain;

specific performance of operations.

loss / cost to be borne by the bank.

reasons for making the award.

all the above.

30 / 30

30  Circumstances where the Bank is not liable under Consumer Protection Act 1986 is/ are ......

The refusal to provide cheque book facility to a customer on the ground of not maintaining the minimum balance in his account may not amount to deficiency in service

An increase in charges levied by a bank for its services doe not fall within the provisions of the Consumer Protection Act.

Only 1

Both 1 and 2

Your score is

The average score is 30%

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Caiib Central Banking Question Papers Pdf (Download)

Caiib Central Banking Mock Test

Candidates should have completed JAIIB before appearing for IIBF CAIIB Exam.

CAIIB Exams Consists of 2 compulsory papers and One Elective paper :

Compulsory Papers

1. Advanced Bank Management
2. Bank Financial Management

Elective Papers

1. Rural Banking
2. Retail Banking
3. Human Resources Management
4. Information Technology
5. Risk Management
6. Central Banking

CAIIB Exam Fees 2022

First attempt fee – 3,000*
Second attempt fee – 1,300*
Third attempt fee – 1,300*
Fourth attempt fee – 1,300*

Caiib Central Banking Online Test Series

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