jaiib mock test - Quiz Questions (Page 2 of 2)
This quiz contains 20 questions.
Question 11: Which financial statement shows a company's performance over time?
- Profit and Loss Statement (Correct Answer)
- Balance Sheet
- Cash Flow Statement
- Trial Balance
Question 12: What is a key feature of a recurring deposit?
- Fixed monthly payments (Correct Answer)
- High withdrawal limit
- Variable interest rate
- No maturity period
Question 13: Which entity insures bank deposits in India?
- Deposit Insurance and Credit Guarantee Corporation (Correct Answer)
- Securities Exchange Board of India
- RBI
- Life Insurance Corporation
Question 14: What does a CAMEL rating assess?
- Bank’s financial health
- Insurance premium
- Loan interest
- Stock volatility (Correct Answer)
Question 15: Which element impacts loan interest rates in India?
- Repo rate (Correct Answer)
- Lock-in period
- Age of borrower
- Bank's age
Question 16: What term describes the banking services offered through mobile devices?
- Mobile Banking (Correct Answer)
- Telebanking
- Internet Banking
- Branch Banking
Question 17: In banking, what does EMI stand for?
- Equated Monthly Installment (Correct Answer)
- Executed Monthly Interest
- Equal Mortgage Installment
- Enhanced Monthly Investment
Question 18: What is the main goal of PSBs in India?
- Provide banking services to the masses (Correct Answer)
- Maximize profits
- Reduce employee headcount
- Partner with international banks
Question 19: Basel III norms primarily focus on which bank aspect?
- Risk management (Correct Answer)
- Customer satisfaction
- Human resources
- Branch expansion
Question 20: What is the primary function of the NABARD?
- Rural development (Correct Answer)
- Urban planning
- Banking regulation
- Foreign trade promotion
Get ready to evaluate your banking knowledge with our JAIIB mock test. This quiz covers key concepts in fundamental banking, financial management, and legal principles. It’s designed for banking professionals looking to prepare for the Junior Associate exam. Enjoy a test that’s straightforward and easy to understand as you review essential topics for your certification journey.
