Here are the details of JAIIB Sample Papers I job in Indian Institute of Banking & Finance - IIBF
|
|
- Kellie Sanders
- 6 years ago
- Views:
Transcription
1 About JAIIB Sample Papers I Here are the details of JAIIB Sample Papers I job in Indian Institute of Banking & Finance - IIBF JAIIB Sample Papers 2012 with Answers, Solutions, JAIIB Question Papers, Sample Papers of JAIIB. JAIIB Sample Papers I:- 1) Reserve Bank of India s functions are classified into: a) Supervisory & Regulatory b) Promotional & Developmental c) Refinance Activities d) All of the above 2) Minimum Bank Rate is: a) 3% b) 4% c) 5% d) None
2 3) Sec ---- of RBI Act,1934 gives sole power to RBI to issue currency notes a) 10 b) 18 c) 22 d) 26 Ans:- ( c ) 4) 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. 5) 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
3 6) Sec 131 of NI Act,1881 extends protection to the a) Paying Banker b) Collecting Banker c) Advising Banker d) Issuing Banker 7) Hypothecation is applicable in the case of a) Movable goods b) Immovable property c) Book debts d) Corporate guarantee Ans:- (a) 8) A cheque is dated 12/05/05.the due date is: a) 12/08/05 b) 14/09/05 c) 12/11/05 d) None
4 9) Charge created on LIC Policy is: a) Hypothecation b) Pledge c) Assignment d) Mortgage Ans:- ( c ) 10) Your bank grants a working capital finance to ABC & Co, a partnership firm, against hypothecation of inventory. The charge is to be registered with Registrar of Companies within a) 30 days from the date of advance b) 30 days from the date of hypothecation agreement c) 30 days from the date of sanction of loan d) None 11) Which one of the following is not barred by law of limitation? a) Pledge b) Hypothecation c) Banker s lien
5 d) Guarantee Ans:- ( c ) 12) The term Credit Management covers a) Capital adequacy norms b) Risk management including Asset/Liability management c) Credit appraisal decision and review of loans & advances d) All of the above 13) Bank s Assets are classified in to standard assets, substandard assets doubtful assets and loss assets, based on the recommendations of Committee a) Rangarajan b) Narasimham c) Ghosh d) Tandon 14) The time taken to convert cash into raw materials, semi finished goods, finished goods and into cash, is known as
6 a) Trade cycle b) Cash cycle c) Operating cycle d) Revolving cycle Ans:- ( c ) 15) A company which pools money from investors and invests in stocks, bonds, shares is called a) A bank b) An insurance company c) Bancassurance d) Mutual Fund 16) Bancassurance is a) An insurance scheme to insure bank deposits b) An insurance scheme to insure bank advances c) A composite financial service offering both bank and insurance products d) A bank deposit scheme exclusively for employees of insurance companies
7 Ans:- ( c ) 17) John & James are friends aged 14 & 15 respectively. They want to open a joint account in your bank. You will a) Allow them to open a joint account to be operated jointly b) Allow them to open a joint account with operating instructions Either or Survivor c) Allow them to open a joint account with operating instructions Former or Survivor d) Allow them to open a joint account with operating instructions Any one or Survivor Ans:- (a) 18) Mr.Atmaram as director of a Ltd company expired. Bank received a cheque signed by Mr.Atmaram as director of the Ltd company. The bank a) Can honour the cheque only after obtaining confirmation from other directors b) Can honour the cheque c) Cannot hounour the cheque d) The company should issue a stop payment instructions to the bank 19) Tele banking service is based on a) Virtual Banking b) Online Banking
8 c) Voice processing d) Core Banking Ans:- ( c ) 20) In a securitisation deal, the role of a Special Purpose Vehicle (SPV) is a) To acquire large Non Performing Loans (NPA) b) To acquire such loans from a bank or financial institution c) To acquire such loans for a transfer price, with or without recourse d) To manage the acquired loans for the purpose of realization or holds them as investment till maturity (d) 21)Securitisation is a process of acquiring the loans classified as a) Bookdebts b) Performing debts c) Bad debts d) Non performing debts 22)The minimum percentage of Priority Sector advances to be maintained by foreign banks in India a
9 ) 40% b) 18% c) 32% d) 60% Ans:- ( c ) 23) Loan for fish rearing is covered under Prirority Sector as advances a) Direct Agriculture b) Indirect Agriculture c) Self Employment Scheme d) Allied to indirect Agriculture Ans:- (a) 24) Cash Budget is a statement of a) Cash-Non cash funds b) Cash receipt and Cash payments c) Another name for cash flow d) None
10 25) In bank s parlance credit risk in lending is a) Default of the banker to maintain CRR b) Default of the banker to maintain SLR c) Default of the banker to release credit to the customer d) Default of the customer to repay the loan 26) The apex institution which handles refinance for agriculture and rural development is called: a) RBI b) SIDBI c) NABARD d) SEBI Ans:- ( c ) 27) Long Form Audit Report (LFAR) is prepared and submitted by a) RBI inspectors b) Internal inspectors c) Statutory auditors d) Concurrent auditors
11 Ans:- ( c ) 28) As per FIMMDA s guidelines, the Mid-Office is responsible for: a) Dealing activities b) Risk Management c) Reconciliation d) Confirmation of deals 29) 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 30) Which was the first Mutual Fund started in India: a) SBI Mutual Fund b) Kotak Pioneer Mutual Fund
12 c) Indian Bank Mutual Fund d) None of the above 31) The regulator for Mutual Funds in India is: a) FIMMDA b) AMFI c) RBI d) SEBI 32) FIMMDA s general principles and procedures are applicable to: a) Fixed Income Markets b) Money Markets c) Derivatives Markets d) All of the above 33) Your bank s customer XYZ Ltd, enjoys a CC limit of Rs.1,00, The CC account shows a credit balance of Rs,10, The relationship between your bank and XYZ Ltd is: a) Debtor/Creditor
13 b) Creditor/Debtor c) Bailor/Bailee d) Bailee/Bailor Ans:- (a) 34) The right of set-off is: a) Customer s Right b) Customer s Obligation c) Banker s Right d) Banker s Discretion 35)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 36) A Co-Operative Bank operating in different States are regulated by:
14 a) State Co-Operative Societies Act b) Banking Regulation Act c) Multi Unit Co-Operative Societies Act d) Banking Laws (applicable to Co-Operative Societies) Ans:- ( c ) 37) In respect of Regional Rural Banks, the share holding pattern is: a) Central Government 50%,State Government 35%,Sponsoring Bank 15% b) Central Government 50%,State Government 15%,Sponsoring Bank 35% b) Central Government 15%,State Government 35%,Sponsoring Bank 50% b) Central Government 35%,State Government 50%,Sponsoring Bank 15% 38) Law of limitation is not applicable in respect of : a) Advance against pledge of shares b) CC granted against hypothecation of inventory c) Term loan secured by mortgage of Plant & Machinery d) Bank Term Deposit
15 39) A bank in India, wants to undertake capital market activities, it should: a) Obtain special license from AMFI b) Obtain special license from FIMMDA c) Both a and b d) Register with SEBI 40) FIMMDA stands for: a) Foreign Exchange Markets and Derivative Markets b) Fixed Income Markets Money Markets and Derivatives Markets c) Fixed Income Markets and Derivatives Markets d) None of the above 41) The Capital Adequacy Ratio is : a) 6% b) 8% c) 9% d) 10%
16 Ans:- ( c ) 42) Except one of the following others are known as Non Fund based facilities: a) Letters of Credit b) Bank Guarantees c) Co-acceptance of Bills d) Trust Receipt 43) FIMMDA s guidelines cover the following products, except one: a) Call Money b) Cross Currency Interest Rate swaps c) Commercial Paper d) Certificate of Deposit 44) Except one of the following others are part of Public Sector Banks: a) State Bank of Hyderabad b) Central Bank of India
17 c) Regional Rural Bank, sponsored by a nationalized bank d) HDFC Bank 45) A banker is expected to honour the cheques within the specified banking hours as per Section of NI Act,1881 a) 22 b) 25 c) 31 d) 65 About JAIIB Sample Paper IV Here are the details of JAIIB Sample Paper IV job in Indian Institute of Banking & Finance - IIBF JAIIB Sample Paper IV with Answers. 1) Which one of the Non Resident Deposit schemes is not permitted. a) FCNR a/cs b) NRNR a/cs c) NRE a/cs
18 d) NRO a/cs 2) At the time of receipt of a garnishee order your customer s accounts showed : i)sb a/c uncleared balance Rs.2, (Cleared balance Rs ) ii) An overdue fixed deposit for Rs.25, matured one week earlier iii)od account showed a credit balance of Rs.8, iv)cc account showed a credit balance of Rs,2, ) Indicate the amount which can be attached by the garnishee order? a) Rs.28, b) Rs.10, c) Rs.37, d) Rs 4, Ans:- (c) 4) )You receive a cheque in an overdraft account for Rs.27,
19 The debit balance in the account is Rs.30, and the OD state while returning limit is Rs 55, What reason you will a) Refer to drawer b) Effects Not cleared c) Exceeds arrangement d) Endorsement not correct 5) Match the following: i) Payment in Due Course A) Insurance ii) Karta B) Cash Credit iii) IRDA C) HUF iv) Hypothecation of Inventory D) Paying Banker a) i-d,ii-c,iii-a,iv-b b) i-a,ii-b,iii-c,iv-d c) i-b,ii-a,iii-d,iv-c d) i-d,ii-c,iii-b,iv-a Ans:- (a) 6) Match the following: Identify the Committees:
20 i)classification of Assets A) Nayak ii)computerisation in Banks iii)working Capital for SSIs iv)capital Account Convertability B) Tarapore C) Narasimham D) Rangarajan a) i-b,ii-d,iii-c,iv-a b) i-d,ii-c,iii-a,iv-b c) i-b,ii-a,iii-c,iv-d d) i-c,ii-d,iii-a,iv-b 7) Match the following: i) Financial intermediaries A) Mutual funds ii)atms iii)certificate of Deposits iv)book debts D)Assignment B) E- Banking C) Money Markets a) i-c,ii-d,iii-a,iv-b b) i-d,ii-c,iii-b,iv-a c) i-a,ii-b,iii-c,iv-d d) i-a,ii-c,iii-b,iv-d
21 Ans:- (c) 8) When a cheque is drawn on a bank, the bank is called the a)payee b)drawee c)drawer d)endorsee 9) One of the State Government avails of a temporary financial assistance from Reserve Bank of India. This type of finance is called : a)overdraft b)temporary loan c)short term finance d) Ways and Means advance 10) Maximum Bank Rate is: a) 6% b) 20%
22 c) 25% d) None 11) Obligation of a Banker to maintain secrecy is applicable to a) Only in case of existing deposit accounts b) Only in respect existing loan accounts c) Only in case of closed accounts d) All types of deposit/loan accounts (existing/closed) 12) Bank A allows one of its clients to withdraw against clearing of a cheque. The banker is called as: a) Collecting and Paying banker b) Holder in due course c) Holder for value d) Reimbursement banker Ans:- (c) 13) As per the provisions of NI Act,1881 a banker gets protection for payment of a cheque only if it is a :
23 a) Holder in due course b) Payment in due course c) Holder for value d) All of the above (b) 14) One of your NRI customers wants to place FCNR deposits in Canadian $ with your bank. You will a) Accept his request and open a FCNR a/c b) Will not accept his request to open FCNR a/c in Canadian $ c) Will inform the customer to place FCNR in any one of the currencies (US$/GBP/JPY/EUR) d) Both b and c Ans:- (a) 15) In a demand draft the word order is changed to bearer by the holder of the dd. It is called as: a)endorsement b)material alteration c)crossing d)none of the above
Banking Questions for IBPS Online Exams
1. On the recommendation of which committee was NABARD established? (a) Shivraman (b) Rangarajan (c) Malegam (d) Vijay Kelkar 2. Swabhiman, the financial inclusion scheme, comes under the purview of which
More informationQuestion Answer (Assorted Type) II
Question Answer (Assorted Type) II 101) The amount in a cheque is written differently in words and figures and amount written in words is higher of the two: Amount written in words will be paid. 102) While
More informationBanking Awareness Question Bank
Banking Awareness Question Bank 1. Accounts are allowed to be operator by cheques in respect of (a) Both savings bank accounts and fixed deposit accounts (b) Savings bank accounts and current accounts
More informationSCHEDULE 1 [See Regulation 5(1) (i)]
SCHEDULE 1 [See Regulation 5(1) (i)] Non-Resident (External) Rupee Account Scheme NRE Account 1. Eligibility: Non-resident Indians (NRIs) and Person of Indian Origin (PIOs) are permitted to open and maintain
More informationQuestion Bank. 4. Define the term size transformation of the business of banking. 5. What is meant by risk transformation of thebusiness of banking?
Unit-1 Introduction to Banking 1 Mark Questions 1. List the categories of commercial banks. 2. What is meant by the non-scheduled bank? 3. What is meant by the business of banking? 4. Define the term size
More informationBANK DEPOSIT PRODUCTS
BANK DEPOSIT PRODUCTS KYC - Know Your Customer Strict government guidelines for KYC introduced in 2002 RBI guidelines call for Identity Proof, Address Proof and Signature Proof All Foreign Remittances
More informationSchool of Distance Education UNIVERSITY OF CALICUT SCHOOL OF DISTANCE EDUCATION. B Com. III Semester. Core Course CORPORATE ACCOUNTING QUESTION BANK
UNIVERSITY OF CALICUT SCHOOL OF DISTANCE EDUCATION B Com (2011 Admission Onwards) III Semester Core Course CORPORATE ACCOUNTING QUESTION BANK 1. is an artificial person created by law A. Firm B. Sole trader
More informationContents MODULE I : EVOLUTION OF BANKING
Contents MODULE I : EVOLUTION OF BANKING UNIT- 1 Evolution of Bank and Banking Systems Ancient Banking Pre-historic Age Barter system Bronze Age The money needs banks The first bank in the world- Piggy
More informationIBPS Clerk Mains (Banking Awareness-Assignment) Banking Awareness. IBPS Clerk (Mains) Exam 2017
Banking Awareness IBPS Clerk (Mains) Exam 2017 BANKING AWARENESS 1) A NBFC is prohibited to offer or undertake? (A) Accept demand deposits (B) Accept time deposits (C) Lend long term loans (D) Pay a higher
More informationForex related areas including Advances & Deposits
Forex related areas including Advances & Deposits By CA Ketan Saiya FCA, DISA (ICAI). KDS & Co. Chartered Accountants Saturday, 20 th January 2018. Topic Coverage: Introduction Concurrent Auditors Role
More informationNon-performing Assets : Important Points
CHAPTER 10 Non-performing Assets : Important Points Commercial banks and other Financial Institutions in India lend money to entrepreneurs and others for generating interest income for itself as well as
More informationBank Balance Sheets Sources and Uses of Funds of Bank. Samir K Mahajan
Bank Balance Sheets Sources and Uses of Funds of Bank Samir K Mahajan Financial Statement of an Enterprise Balance Sheet Profit and Loss Account In accounting sense, Balance Sheet contd. LIABILITIES Liabilities
More informationNon performing assets of NBFI S in India
Non performing of NBFI S in India Journal of Social Welfare and Management 103 Volume 4 Number 2, April - June 2012 S. Kamalaveni*, R. Anitha** Abstract This paper focuses on the non-performing of NBFI
More informationBANKING AND INSURANCE
QUESTION BANK BANKING AND INSURANCE General (Common) Course of B.Com/BBA - IV Semester CUCBCSS 2014 Admission onwards SCHOOLOF DISTANCE EDUCATION UNIVERSITY OF CALICUT Prepared by: VIJESH VENUGOPAL Asst.Professor
More informationPrinciples And Practices of Banking - JAIIB
Timing: 3 Hours Question : 100 1. The regulatory provisions for banks are not uniformly applicable for all banks. This application depends upon their constitution. The banks can be (a) statutory corporations
More informationBANKER AND CUSTOMER RELATIONSHIP
BANKER AND CUSTOMER RELATIONSHIP BANKER AND CUSTOMER RELATIONSHIP DEFINITION According to sec 5(c) of the Banking Regulation Act 1949, a banker is a person who undertakes business of banking. Banking means
More informationUnit 3. Banking Operations
Unit 3 Banking Operations Introduction Collecting banker is one, who undertakes the collection of cheques for his customer. Now-a-days banks undertake to collect even other instruments like bank drafts,
More information(Answer Question No.1 which is compulsory and any two of the rest from this part.)
RollNo... : 1 : Time allowed : 3 hours Maximum marks : 100 Total number of questions : 8 Total number of printed pages : 7 PART A (Answer Question No.1 which is compulsory and any two of the rest from
More informationBANKING COMPANY FINAL ACCOUNTS
BANKING COMPANY FINAL ACCOUNTS Q.1. From the following information, prepare the profit and loss account of Trinity Bank Ltd, for the year ended 31 st March 03 Particulars Rs. Particulars Rs. Interest on
More informationCredit Evaluation. Assessment of borrower capacity to repay the loan. Assessment of borrower s ability to bring in profits from operations.
Credit Evaluation Credit Evaluation Assessment of borrower capacity to repay the loan. Assessment of borrower s ability to bring in profits from operations. Assessment of project viability. Assessment
More informationRESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE Mumbai Notification No. FEMA 5(R)/2016-RB April 01, 2016
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE Mumbai 400 001 Notification No. FEMA 5(R)/2016-RB April 01, 2016 Foreign Exchange Management (Deposit) Regulations, 2016 In exercise of
More informationEXPECTATIONS OF CENTRAL STATUTORY AUDITORS FROM BRANCH AUDITORS
EXPECTATIONS OF CENTRAL STATUTORY AUDITORS FROM BRANCH AUDITORS --------O---------- 1 Presented by CA Shriniwas Y. Joshi GENERAL Bank Audit Very challenging task RBI Monitoring through Notifications and
More informationFinancial Awareness - 1
www.bankjobszone.com Financial Awareness - 1 1. Alice Vaidyan is the Chairman and Managing Director of which of the following Insurance Companies? a) New India Assurance b) Life Insurance Corporation c)
More informationUnit 2. Banking and Customer Relationship
Unit 2 Banking and Customer Relationship Introduction The Indian Banking Regulation Act of 1949 Section 5 (1) defines bank as Accepting of deposit of money from the public, for the purpose of lending or
More informationAn Overview of Financial Services Sector in India: A Huge Untapped Potential in the Market. Manendra Singh*
Article 222 KNOWLEDGE RESOURCE [Vol. 38 An Overview of Financial Services Sector in India: A Huge Untapped Potential in the Market Manendra Singh* The growth of financial sector in India at present is
More informationBy CA Kanika khetan
BANK AUDIT By CA Kanika khetan cakanika14@gmail.com www.anushriagarwal.com Type of banks Commercial Banks. Co-operative Banks. Development Banks (more commonly known as Term-Lending Institutions ). Regional
More informationMr. R.K. Khurana. Intermediate (IPC) Course Paper 2 - Business Laws Ethics and Communication. Chapter 2 : The Negotiable Instruments Act, 1881
Recording Date: Intermediate (IPC) Course Paper 2 - Business Laws Ethics and Communication Chapter 2 : The Negotiable Instruments Act, 1881 Mr. R.K. Khurana The Institute of Chartered Accountants of India
More informationNegotiable Instruments Act 1881
Negotiable Instruments Act 1881 There are certain documents used for payment in business transactions and are Transferred freely from one person to another. Such documents are called Negotiable Instruments
More informationLegal & Regulatory Aspects of Banking - JAIIB
Timing: 3 Hours Question : 100 1. Section 49-A of Banking regulation Act makes provisions for (a) declaration of bank rate (b) restrictions on the type of business that the banks cannot undertake (c) no
More informationDETERMINANTS OF COMMERCIAL BANKS LENDING: EVIDENCE FROM INDIAN COMMERCIAL BANKS Rishika Bhojwani Lecturer at Merit Ambition Classes Mumbai, India
DETERMINANTS OF COMMERCIAL BANKS LENDING: EVIDENCE FROM INDIAN COMMERCIAL BANKS Rishika Bhojwani Lecturer at Merit Ambition Classes Mumbai, India ABSTRACT: - This study investigated the determinants of
More informationFinancial Regulatory Framework. Multiple Choice Questions
Financial Regulatory Framework Multiple Choice Questions 1. The performance of which scheme does the National Housing Bank monitor? a) Liberalized Finance Scheme b) Golden Jubilee Rural Housing Finance
More informationMutual Fund Snapshot
Mutual Fund Snapshot Procedures - Transaction Related How can one invest in a mutual fund? (Fresh Purchase) After deciding on the type of scheme, the investor will have to fill in the Application form,
More informationPankaj Majithia Chartered Accountant
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Presented By Pankaj Majithia Chartered Accountant INDEX 1. Introduction 2. Salient Features of Act Enforcement
More informationCBOU QUESTION PAPER II
CBOU QUESTION PAPER II 1. Minimum period for Fixed Deposit of Rs. 5000 is a. 7 days b. 15 days * c. 30 days d. 45 days e. 6 months 2. The right of the nominee in a joint deposit arises after the death
More informationSERVICE CHARGES FOR NRI ACCOUNTS
SERVICE CHARGES FOR NRI ACCOUNTS As on 01 st April, 2018 Please Note: These charges are subject to change, without prior notice. Good and Service Tax will be levied over and above the charge specified,
More informationLEGAL ASPECTS OF BANKING OPERATIONS INDIAN INSTITUTE OF BANKING & FINANCE MODULE A & B
LEGAL ASPECTS OF BANKING OPERATIONS INDIAN INSTITUTE OF BANKING & FINANCE MODULE A & B 10.10.07 **.. Banking is defined in the Banking Regulation Act. Primary function to accept deposit, lend and invest.
More informationBANKING AWARENESS MATERIALS PART-I
BANKING AWARENESS MATERIALS PART-I ALL THE BEST... P r e p a r e d b y S H I N E S C H O O L O F B A N K I N G Page 1 TYPES OF BANKS:- 1. Nationalized banks (PSB s) 2. Scheduled banks (Private SB s) 3.
More informationAUDIT OF ADVANCES FUNDED & NON-FUNDED. By CA. Shriniwas Y. Joshi. CA. Shriniwas Y. Joshi
AUDIT OF ADVANCES FUNDED & NON-FUNDED By 1 INTRODUCTION Branch s dependence on 1 or 2 Borrowers. Compromises (in procedures, in charges) Accommodation (Overdrawing, Documentation Defects) Problem of over
More informationANUPGCET 2018 :: 113-COMMERCE (SYLLABUS)
ANUPGCET 2018 :: 113-COMMERCE (SYLLABUS) Max. Marks: 100 FINANCIAL ACCOUNTING: Introduction to Accounting Need for Accounting definition, features, objectives, functions, systems and bases and scope of
More informationIBPS SO Exam 2013 Law Officer. Professional Knowledge Question Paper
IBPS SO Exam 2013 Law Officer Professional Knowledge Question Paper 1. What does the Latin phrase Mutatis mutandis mean? "Changing most of the things" "Changing [only] those things which need to be changed"
More informationAudit Plan & Program For Bank Audit. Important area who must be Covered During the Audit
Audit Plan & Program For Bank Audit Important area who must be Covered During the Audit Deposit Advances Audit of NPA Account General Area LFAR Deposit:-Following Point/Area Should be covered under the
More informationFOREIGN EXCHANGE RELATED SERVICE CHARGES STRUCTURE w.e.f
Sr. No. FOREIGN EXCHANGE RELATED SERVICE CHARGES STRUCTURE w.e.f. 01.07.2017 DESCRIPTION CHARGES Annexure-I A. EXPORT RELATED TRANSACTIONS 1) EXPORT BILLS PURCHASED / NEGOTIATED / DISCOUNTED a. Processing
More informationIncome Recognition, Asset Classification and Provisioning ( ) (UCB)
Income Recognition, Asset Classification and Provisioning (2010-2011) (UCB) Compiled by CA. Sudhir Vaidya Compiled by Spandane 2 Income Recognition, Asset Classification and Provisioning (2010-2011) (UCB)
More informationIn terms of the Foreign Exchange Management Act (FEMA), 1999 a person resident outside India means a person who is not resident in India.
RBI Guide lines Note: The below stated information has been taken from the FAQ s Selection of the RBI, Which was last update on the Septmeber 19 2014. We aim to keep updated this selection with relevant
More informationForeign Exchange Management ( Borroweing and lending in rupees) Regulations, Notification No.FEMA 4 /2000-RB dated 3rd May 2000
Foreign Exchange Management ( Borroweing and lending in rupees) Regulations, 2000 Notification No.FEMA 4 /2000-RB dated 3rd May 2000 RESERVE BANK OF INDIA ( EXCHANGE CONTROL DEPARTMENT ) CENTRAL OFFICE
More informationHousing Finance in South Asia, Jakarta May 27 29, 2009 R V VERMA NATIONAL HOUSING BANK INDIA
Liquidity and Funding Issues including Secondary Mortgage gg Facilities Housing Finance in South Asia, Jakarta May 27 29, 2009 R V VERMA NATIONAL HOUSING BANK INDIA Contents I. Goba Global Developments
More informationBANK DEPOSITS & DEPOSIT MANAGEMENT
BANK DEPOSITS & DEPOSIT MANAGEMENT Samir K Mahajan Bank Deposits Banks accepts deposits from the public. Banks deposits are classified by type of customers, the tenure and its cost to the bank. Based on
More informationExecutive Diploma in BANKING & FINANCE.
Executive Diploma in BANKING & FINANCE www.mywestford.com Executive Diploma in Banking and Finance Certified by Edexcel Assured [Pearson], UK. This Executive Diploma course in banking and finance is a
More informationQ1-2016: Performance review. July 31, 2015
Q1-2016: Performance review July 31, Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and
More informationQuestion Answers with Explanation SEBI and other Institutions
Question Answers with Explanation SEBI and other Institutions 1. Which is distributary agency of Kisan Credit Card Scheme? a) NABARD b) SBI c) Rural Development Bank d) Regional Rural Bank and Commercial
More informationCPW2A THEORY OF MONEY AND BANKING. Unit : I
THEORY OF MONEY AND BANKING Unit : I Unit: I Introduction to money Kinds functions and significance Demand for and supply of Money Monetary standards Gold standard Bimetallism and paper currency systems
More informationQ2-2016: Performance review. October 30, 2015
Q2-: Performance review October 30, Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and
More informationInterest that already earned, but not yet paid is known as Accrued Interest.
Term Explanation ATM Asset Accrued Interest ATMs are Automatic Teller Machine. ATMs allows customers to complete some basic transactions, without the help of teller. These include accepting deposit, providing
More informationFINANCIAL HIGHLIGHTS FOR THE 4 TH QUARTER & FINANCIAL YEAR ENDED 31 ST MARCH 2018
FINANCIAL HIGHLIGHTS FOR THE 4 TH QUARTER & FINANCIAL YEAR ENDED 31 ST MARCH 2018 PERFORMANCE HIGHLIGHTS- & 20 Total Business of the Bank improved to Rs. 4,72,323 crore in March 31, 2018 as against Rs.
More informationLegal & Regulatory Aspects of Banking - JAIIB
Timing: 3 Hours Question : 100 1. Acceptance of deposits is regulated by Central Govt. under Companies (Acceptance of Deposit) Rules 1975 in respect of: a. Banks b. Companies c. Non-bank finance companies
More informationA Presentation on Documentation SNG & PARTNERS
A Presentation on Documentation By SNG & PARTNERS Today s Agenda GUIDELINES AND OPERATING INSTRUCTIONS ON DOCUMENTATION MEANING OF DOCUMENT: The term document as defined in Oxford Dictionary is a deed,
More informationTotal No. of Questions : 7] [Total No. of Printed Pages : 2 [3885]-101
Total No. of Questions : 7] [Total No. of Printed Pages : 2 [3885]-101 P. G. D. F. S. (Semester - I) Examination - 2010 FINANCIAL AND COST ACCOUNTING (2008 Pattern) Time : 3 Hours] [Max. Marks : 70 (1)
More informationIMPORTANT GUIDELINES ON PARA-BANKING ACTIVITIES*
IMPORTANT GUIDELINES ON PARA-BANKING ACTIVITIES* 1. GUIDELINES Banks can undertake certain eligible financial services or Para-banking activities either departmentally or by setting up subsidiaries for
More informationBANK BRANCH AUDIT. Presented by: CA. Rajesh Malhotra
BANK BRANCH AUDIT Presented by: rmalhotrafca@rediffmail.com 1 OBJECTIVE OF AUDIT Whether the financial statement are free from material misstatement. Whether the financial statement are prepared in accordance
More informationCS101 Introduction of computing
FINAL TERM EXAMINATION MGT101- Financial Accounting (PAPER 1). Question No: 1 (Marks: 1 ) basic accounting principle/concept according to which Business is independent from its owner(s) is known as: Separate
More informationFAIR PRACTICES CODE I) APPLICATION FOR LOANS & ADVANCES AND SCHEDULE OF CHARGES
FAIR PRACTICES CODE I) APPLICATION FOR LOANS & ADVANCES AND SCHEDULE OF CHARGES 1) The bank considers sanction of credit facilities to various types of borrowers, if such a request is received from them.
More informationAN OVERVIEW OF PROVISIONS RELEVENT WITH RESPECT TO THE AUDIT OF CO-OPERATIVES.
AN OVERVIEW OF PROVISIONS RELEVENT WITH RESPECT TO THE AUDIT OF CO-OPERATIVES. 1 In the context of audit, it is important to note that Co-op banks undergo mainly two types of examination of A/cs & compliances.
More informationFinancial Intermediaries in India. Samir K Mahajan
Financial Intermediaries in India Financial Institutions are intermediaries that mobilizes saving and channelize the funds to the productive investment. These are responsible for efficient allocation and
More informationMTP_Intermediate_Syllabus2016_Dec2018_Set1 Paper 5- Financial Accounting
Paper 5- Financial Accounting Dos, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 5- Financial Accounting Full Marks : 100 Time allowed: 3 hours Section
More informationFirst among the banks:
First among the banks: First Bank in India Bank of Hindustan First Governor of RBI Osborne Smith First Indian governor of RBI C D Deshmuk First Bank to Introduce ATM in India HSBC First Bank to introduce
More informationAudit of advances & NPA
Audit of advances & NPA CA.Rajkumar S Adukia B.Com(Hons.) FCA, ACS, MBA, AICWA, LLB, Dip IFRS(UK) Dip LL& LW 09820061049/09323061049 rajkumarfca-subscribe@yahoogroups.com rajkumarfca@gmail.com www.carajkumarradukia.com
More informationShriram City Union Finance Limited. Issue Related FAQs
Shriram City Union Finance Limited Issue Related FAQs Q1. What is the Nature & Size of the Issue? Ans: Public Issue by Shriram City Union Finance Limited, ( Company or Issuer ) of Secured Non- Convertible
More informationCorporate Law Alert April 2, J. Sagar Associates advocates and solicitors. Liberalized Remittance Scheme for Resident Individuals
Liberalized Remittance Scheme for Resident The Reserve Bank of India (RBI) vide A.P. (DIR Series) Circular No. 90 dated March 06, 2012 has clarified the following with respect to the Liberalized Remittance
More informationStock Audit. CA. Rajkumar S Adukia
Stock Audit CA. Rajkumar S Adukia B.Com (Hons), FCA, ACS, ACWA, LLB, DIPR, DLL &LP, IFRS(UK), MBA email id: rajkumarradukia@caaa.in Mob: 09820061049/09323061049 To receive regular updates kindly send test
More informationPublic Issue of India Infoline Finance Ltd. NCD
P a g e 1 Q1. What is the nature and size of issue? Issue Related FAQs Ans: Public Issue of Non-convertible Debentures (NCDs) in the nature of Sub-ordinated debt of face value of Rs. 1,000/- per bond with
More informationacquire functional knowledge and essential skills in interacting with Banks.
ST.JOSEPH S COLLEGE OF COMMERCE (AUTONOMOUS) DEPARTMENT OF COMMERCE TEACHING LESSON PLAN FOR THEORY & PRACTICE OF BANKING (C4 5 MC 503) B.Com (International Accounting and Finance) V Semester (June to
More informationPAPER No. 16: Financial Markets and Institutions MODULE No. 18: Bank Credit: Working Capital & Bank Funds
Subject Paper No and Title Module No and Title Module Tag 16: Financial Markets and Institutions 18: Bank Credit: Working Capital & Bank Funds Com_P16_M18 TABLE OF CONTENTS 1) Learning Outcomes 2) Introduction-
More informationICAI WIRC Seminar. Dos and Don ts for NRIs. March 1, 2014 C.A. Rahul Manjrekar For Discussion purposes only
ICAI WIRC Seminar Dos and Don ts for NRIs 1 Contents Meaning - NRI and PIO? Dos and Don ts - General Emigrating Indians NRIs residing abroad Investment opportunities in India for NRIs Borrowing and Lending
More informationRBI FACILITIES FOR NON RESIDENT INDIAN (NRI)
RBI FACILITIES FOR NON RESIDENT INDIAN (NRI) FACILITIES FOR NON RESIDENT INDIANS (NRIS) AND PERSONS OF INDIAN ORIGIN (PIOS) (updated as on January 17, 2012) In terms of the Foreign Exchange Management
More informationAudited Financial Results. For Q / FY. March, 2015
Audited Financial Results For Q / FY March, 2015 1 BUSINESS PROFILE 200000 150000 100000 50000 0 Advances Business Mar-13 Mar-14 Mar-15 Parameter Mar 13 Mar 14 Mar 15 Y-o-Y % Growth Gross Advances 66,457
More informationRate = 1 n RV / C Where: RV = Residual Value C = Cost n = Life of Asset Calculate the rate if: Cost = 100,000
Solved by ABr & Chanda Rehman Final MCQs It is supposed that on 31st December, 2007, the sundry debtors are amounted to Rs. 40,000. On the basis of past experience, it is estimated that 10% of the sundry
More informationMaa Mangala Mahila Multi-purpose Cooperative Society Ltd., Arjunpur, Dist. Khordha, Orissa An Unique Society in the States
Maa Mangala Mahila Multi-purpose Cooperative Society Ltd., Arjunpur, Dist. Khordha, Orissa An Unique Society in the States PURNA CHANDRA KAR Project Officer (Retd), Executive Officer (Hon.), Maa Mangala
More informationBANK OF BAHRAIN AND KUWAIT BSC
1 BANK OF BAHRAIN AND KUWAIT BSC POLICY ON COLLECTION OF CHEQUES 1. Introduction This policy is framed in view RBI Circular to improve efficiencies in collection of cheques and other instruments and is
More informationScheme of Presentation
FEMA ODI, LRS, FC A/CS S. Sathiyanarayanan Partner 23 DEC 2014 ICAI Beyond the boundary Scheme of Presentation Current Vs. Capital Acct Transactions ODI Statutory Basis ODI by Company, Firms, LLPs & Residents
More informationSeat No. Total No. of Questions : 6] [Total No. of Printed Pages : 2 [4185]-101
Total of Questions : 6] [Total of Printed Pages : 2 [4185]-101 P. G. D. F. S. (Semester - I) Examination - 2012 FINANCIAL AND COST ACCOUNTING (2008 Pattern) Time : 3 Hours] [Max. Marks : 70 (1) Answer
More informationCash Credit Monitoring
Loan scrutiny & Sanction. Documentation. Disbursement. Monitoring the Loan account. Review. Recovery. Loan applications received register. Loan sanctioned register. Stock statement register. Drawing power
More informationDEPOSIT POLICY FOR ABU DHABI COMMERCIAL BANK (INDIA)
DEPOSIT POLICY FOR ABU DHABI COMMERCIAL BANK (INDIA) FEBRUARY 2018 Page 1 of 11 ABU DHABI COMMERCIAL BANK PJSC (INDIA) Table of Contents Page No. Overview 3 1. Types of Deposit Accounts 3 2. Account Opening
More informationEXTERNAL EXAMINER S CHECKLIST. Legal Profession Uniform Law and Legal Profession Uniform General Rules (2015)
EXTERNAL EXAMINER S CHECKLIST Legal Profession Uniform Law and Legal Profession Uniform General Rules (2015) for the period 1. The External Examiner s Checklist for:-- to INSERT NAME OF LAW PRACTICE was
More informationBonanza Portfolio Ltd
Public Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by HIGHLIGHTS OF TAX BENEFITS In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of Section 10 of
More informationBCA - Workshop on NBFC St Regis Hotel Palladium, Mumbai 4 August 2016
NBFC - Statutory Audit aspects under Companies Act, 2013 BCA - Workshop on NBFC St Regis Hotel Palladium, Mumbai 4 August 2016 Agenda 1 Key aspects of audit of NBFCs 2 Laws / Regulatory Aspects 3 Accounting
More informationJAIIB PAPER 1 Principles & Practices of Banking INDEX
PAPER 1 PRINCIPLE & PRACTICES OF BANKING ONLY SOME PORTION OF MATERIAL TAKEN TO SHOW WHAT TYPE OF MATERIAL WE HAVE MADE. Updated Upto 31.07.2018 JAIIB PAPER 1 Principles & Practices of Banking INDEX CHAPTER
More informationLONG TERM (SUBORDINATED) DEPOSITS- SERIES-II
Regd. Office :Mohan Terrace. 64/72, Mody Street, Mumbai- 400 001 Central Office: MARUTAGIRI, Plot No. 13/9A, Samant Estate, Sonawala Road, Goregaon (East), Mumbai- 400 063 Contact: 022-6189 0000 (B) Email:
More information1. Why do you want to join banking sector?
1. Why do you want to join banking sector? Banking is one of the fastest growing sectors in India with more stable and high growth and more over providing wide range of career opportunities for graduates.
More informationAnnexure 5: Basel III Pillar 3 Disclosures. 1. Scope of Application
Annexure 5: Basel III Pillar 3 Disclosures 1. Scope of Application The Catholic Syrian Bank Ltd is a commercial bank formed on 26th November 1920 with Registered Office at Thrissur. In August 1969, the
More informationLAW & PROCEDURE UNDER SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORMECEENT OF SECUIRTITY INTEREST ACT 2002
LAW & PROCEDURE UNDER SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORMECEENT OF SECUIRTITY INTEREST ACT 2002 PRESENTED BY Pankaj Majithia Chartered Accountant INDEX 1. Introduction 2. Salient
More informationA Wholly Owned Government Company
PUBLIC ISSUE OF TAX FREE SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES of face value of ` 1,000 each having tax benefits under section 10(15) (iv) (h) Income Tax Act, 1961, as amended for an amount aggregating
More informationPaper N0:15. Solved by Chanda Rehman, Nomi chakwal ABr FINALTERM EXAMINATION. Fall MGT101- Financial Accounting (Session - 4)
Paper N0:15 Solved by Chanda Rehman, Nomi chakwal ABr FINALTERM EXAMINATION Fall 2009 MGT101- Financial Accounting (Session - 4) Time: 120 min Marks: 87 Question No: 1 ( Marks: 1 ) - Please choose one
More informationPolicy (P-01173) Deposits for Credit Suisse Branches in India
Policy () Deposits for Credit Suisse Branches in India /Version 1.1 Scope/Recipients Branches of Credit Suisse AG in India Original Issuance 28 March 2013 Last Revision TBU Issuing Unit APAC (PB India
More informationAPPLICATION FORM FOR SOVEREIGN GOLD BOND 2016
APPLICATION FORM FOR SOVEREIGN GOLD BOND 2016 (Put ü wherever required) Name of Bank/ Post Office Name of Branch: Mode of Subscription Cash Cheque / DD Electronic Transfer Grams of Gold Applied for Cheque
More informationAssociation (NICASA) NIRC of The ICAI. Welcomes
Northern India Chartered Accountants Students Association (NICASA) Of NIRC of The ICAI Welcomes CA Students for the seminar on Bank Audit Statutory Bank Branch Audit - OVERVIEW CA. S Narayanan snarayanan23@gmail.com
More informationFINANCIAL HIGHLIGHTS FOR THE 1 ST QUARTER ENDED 30 TH JUNE 2018
FINANCIAL HIGHLIGHTS FOR THE 1 ST QUARTER ENDED 30 TH JUNE 2018 PERFORMANCE HIGHLIGHTS- FY 20 Total Business of the Bank increased to Rs. 4,68,535 crore as at June 30, 2018 compared to Rs. 4,66,360 crore
More informationSeminar on Concurrent Audit of Banks Audit of Advances (Domestic) Fund Based and Non-Fund based At WIRC- B.K.C. Mumbai
Seminar on Concurrent Audit of Banks Audit of Advances (Domestic) Fund Based and Non-Fund based 28.10.2017 At WIRC- B.K.C. Mumbai By CA K.V.S Shyamsunder PREAMBLE Present discussion revolves around verification
More informationAPPLICATION FORM FOR SOVEREIGN GOLD BOND Series II
APPLICATION FORM FOR SOVEREIGN GOLD BOND 2017-18 Series II (Put wherever required) Name of Receiving Office Name of Branch: Mode of Subscription Cash Cheque / DD Electronic Transfer Grams of Gold Applied
More informationQ4-2015: Performance review. April 27, 2015
Q4-: Performance review April 27, Certain statements in these slides are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes
More informationTime allowed : 3 hours Maximum marks : 100. Total number of questions : 6 Total number of printed pages : 6
OPEN BOOK EXAMINATION Roll No... : 1 : 341 Time allowed : 3 hours Maximum marks : 100 Total number of questions : 6 Total number of printed pages : 6 NOTE : Answer ALL Questions. 1. The following are the
More information