CAIIB BRBL MCQs 2024, Module D
We have provided the CAIIB BRBL MCQs 2024 Module D for Banking Regulation and Business Laws Paper. Go through the article for CAIIB BRBL Exam MCQs.
Priyanka Dahima21 Jul, 2024
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CAIIB BRBL MCQs 2024: The CAIIB exam is conducted twice a year by the Indian Institute of Banking and Finance (IIBF). CAIIB is a leading professional certificate course for bankers with JAIIB Certificate that provides financial benefits and also improves their banking skills. CAIIB Exam Date 2024 for both sessions (July & Nov-Dec) has been released on the IIBF official website @www.iibf.org.in. The banking and financial sector professionals who have completed the JAIIB have applied for the CAIIB exam 2024. For them, we have provided the CAIIB BRBL MCQs 2024.
CAIIB BRBL MCQs 2024
CAIIB’s Banking Regulation and Business Laws questions allow candidates to practice extensively, strengthen their conceptual understanding and build confidence. CAIIB Banking Regulation and Business Laws paper exam consists of 100 questions and each question carries 1 mark. The duration of the CAIIB BRBL exam 2024 is 1 hour (60 minutes) so candidates need to complete the examination in the stipulated time and there is no negative marking for wrong answers. Have a look at the CAIIB BRBL Module D Questions 2024.CAIIB BRBL MCQs 2024 Module D
CAIIB 2024 Banking and Finance Professional Exam has been started and the CAIIB BRBL Exam is scheduled to be held on 23rd July 2024. Candidates must practice questions for each compulsory and optional paper to crack the exam. PW team has organized CAIIB BRBL MCQS 2024 Module D Questions which are useful for candidates to analyze their performance and prepare to face the actual exam with confidence. Q1. In the context of the Indian Contract Act 1872 which of the following is not considered a contract? a. An agreement with lawful consideration and object b. An agreement made by a person of unsound mind c. An agreement that is not expressly declared void d. An agreement enforceable by law Ans: b. An agreement made by a person of unsound mind Q2. Which of the following is not an essential element of a valid contract under the Indian Contract Act 1872 a. Lawful Consideration b. Competent Parties c. Legal Form d. Free Consent Ans: c. Legal Form Q3. A __________ is a Contract to perform the promise or discharge the liability of a third person in case of his default. a. Contract of Guarantee b. Contract of Bailment c. Contract of Indemnity d. Contract of Pledge Ans: c. Contract of Indemnity Q4. What is a sound mind of the purposes of contracting a. A person is said to be of sound mind for the purposes of making a contract, if at the time when he makes it, he is capable of understanding it and forming a rational judgement as to its effect upon his interest. b. A person is said to be of sound mind for the purposes of making a contract, if at the time when he makes it, he is capable of understanding it c. A person is said to be of sound mind for the purposes of making a contract, if he is capable of understanding it and forming a rational judgement as to its effect upon his interest. d. A person is said to be of sound mind for the purposes of making a contract, if at any time when he makes it, he is capable of understanding it and forming a rational judgement as to its effect upon his interest. Ans: a. A person is said to be of sound mind for the purposes of making a contract, if at the time when he makes it, he is capable of understanding it and forming a rational judgement as to its effect upon his interest. Q5. Ali promises to paint the picture of Munir, At a certain date. Ali dies before that date a. the contract will be completed by Airs representatives b. the contract becomes void c. the contract becomes voidable at the option of Munir d. None of above Ans: b. the contract becomes void Q6. Which of the following is not a feature of a contract of guarantee? a. It involves three parties: the creditor, the principal debtor, and the surety. b. The surety is liable for the debt or obligation only if the principal debtor fails to perform. c. It must be in writing to be enforceable. d. The surety is primarily liable, and the principal debtor is secondarily liable. Ans: d. The surety is primarily liable, and the principal debtor is secondarily liable. Q7. In a contract of guarantee, what happens if the creditor, without the surety's consent alters the terms of the contract with the principal debtor? a. The surety remains liable for the altered terms b. The surety is discharged from liability c. The surety's liability is reduced d. The surety's liability is increased. Ans: b. The surety is discharged from liability Q8. The delivery of goods by one person to another for some purpose upon a contract that they shall when the purpose is accomplished be returned or otherwise dispose of upon discretion of the delivering person the contract is called a. Bailment b. Indemnity c. Contingent Contract d. None of above Ans: a. Bailment Q9. Which of the following could be said as the rights of bailee? a. Right to claim compensation for any looses b. Right to claim all the expenses incurred in keeping or protecting goods c. Right to retain/lien the goods until charges are not paid d. All of the above Ans: d. All of the above Q10. It the bailee, without the consent of the bailor mixes the goods of the bailor with his own goods in such a manner that it is impossible to separate the goods bailed from the other goods and deliver them back, the bailor is entitled to be a. Compensated by the bailee for the 1/3 of loss b. Compensated by the bailee for the 1/2 of loss c. Compensated by the bailee for rupees 500 d. Compensated by the bailee for the loss of the goods. Ans: d. Compensated by the bailee for the loss of the goods. https://www.youtube.com/watch?v=CUVsuddnFfs&list=PLSaOxOxYHrDOwN-3Hx4D9PlgYd8hw8tsO&index=3CAIIB BRBL MCQs 2024 Module D Questions FAQs
Q1. Where can I get the CAIIB BRBL MCQs 2024 for Module D?
Ans. You can get the CAIIB BRBL MCQs 2024 for Module D at our PW Blogs.
Q2. Is it necessary to practice CAIIB BRBL MCQs 2024?
Ans. Yes, it is necessary to practice CAIIB BRBL MCQs 2024 for better understanding of exam pattern.
Q3. When is CAIIB BRBL Exam 2024 is scheduled for?
Ans. The CAIIB BRBL Exam 2024 is scheduled to be held on 23rd July 2024 so here is the compilation of the CAIIB BRBL Module D MCQs 2024.
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