JAIIB PPB

Objectives of KYC are ......

 

(i) To ensure appropriate customer identification

(ii)  To monitor transaction of suspicious nature

(iii)  To ensure that she would not deceive bank

• a.  Only (i) and (ii)

• b.  Only (i) and (iii)

• c. Only (ii) and (iii)

• d.  (i) (ii) and (iii)

What is the minimum age of the subscriber in APY?

• 10

• 15

• 18

• 21

Provision Coverage Ratio does not relate to ......

(i) NIM of banks

(ii)  Margin money which will be contributed by a borrower

(iii)  Non-performing assets of banks

(iv) Depreciation of assets

• (i) NIM of banks

• (ii)   Margin money which will be contributed by a borrower

• (iii)     Non-performing assets of banks

• (iv)     Depreciation of assets

Upon Receipt of a Garnishee Order(NISI) the Bank should ......

a.  Immediately send the amount to the court

b. Inform the customer and the court and wait for Order Absolute

c.  Pay the amount to the judgement creditor and inform the court

d. None of the above

• a.  Immediately send the amount to the court

• b.  Inform the customer and the court and wait for Order Absolute

• c. Pay the amount to the judgement creditor and inform the court

• d.  None of the above

Composite vouchers generally pertain to accounts of ......

 

(i) Credit transactions

(ii)  Internal accounts transactions

(iii)  Debit transactions

• a.  Only (i) and (ii).

• a.  Only (i) and (iii)

• a. Only (ii) and (iii)

• a.  (i) (ii) and (iii)

Banks are required to report particulars of (fund and non-fund based) borrowers with cut-off exposure of Rs.          , classified as ‘non-cooperative’ as per the prescribed procedures

• a.  5 million

• b 10 million

• c. 50 million

• d. 100 million

The Banker customer relationship stands terminated upon the ......

(i) Death of customer

(ii)  Lunacy of customer

(iii)  Insolvency of customer

• a. Only (i) and (ii)

• b. Only (i) and (iii)

• c. Only (ii) and (iii)

• d. (i) (ii) and (iii)

RBI has the powers to print currency notes of up to..... denomination

• a. Rs. 2,000

• b. Rs. 5,000

• c. Rs. 10,000

• d. Rs. 20,000

3rd Stage of Money Laundering is ......

• a. Layering

• b. Integration

• c. Placement

• d. None of these

RBI injects liquidity through ......

(i) Repo

(ii)  Reverse Repo

• a. Only (i)

• b. Only (ii)

• c. Either (i) or (ii)

• d. Both (i) and (ii)