CAIIB BRBL MCQs, Module B Questions

CAIIB BRBL MCQs 2025: The CAIIB BRBL (Banking Regulations and Business Laws) exam is important for banking professionals in India, focusing on the legal and regulatory framework governing banking operations in India. CAIIB BRBL MCQs aid candidates in effectively preparing for the CAIIB BRBL exam, enhancing their understanding of essential banking regulations and business laws in India.
CAIIB Exam Date 2025 for the June Session has been released on the IIBF official website @www.iibf.org.in. The CAIIB BRBL Paper 2025 is going to be organized on 28th June 2025 and below we have provided the CAIIB BRBL MCQs for Module B Paper.

CAIIB BRBL MCQs 2025

CAIIB BRBL MCQs 2025 Module B

Q1. An authorized person under FEMA does not include

a. an authorized dealer

b. an authorized money changer

c. an off-shore banking unit

d. an exchange broker Ans. d. an exchange broker

Q2. Something legally transferable from one person to another for consideration is known as

a. Endorsement

b. Bill of exchange

c. Promissory note

d. Negotiation Ans. d. Negotiation

Q3. A foreign currency account maintained by a bank abroad is its

a. Nostro account

b. Vostro account

c. Loro account

d. Foreign bank account Ans: a. Nostro account

Q4. Not withstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974), every offence punishable under the NI Act shall be

a. Non-compoundable

b. Compoundable

c. Non-bailable

d. Bailable Ans: b. Compoundable

Q5. Who investigates the contravention of a provision of FEMA 1999?

a. Enforcement Directorate

b. RBI

c. Finance Ministry

d. SEBI Ans: a. Enforcement Directorate

Q6. Which of the following section of the Negotiable Instrument Act 1881 deals with penalties in case of dishonor of cheque for insufficiency of funds in account

a. Section 138

b. Section 139

c. Section 141

d. Section 142 Ans: a. Section 138

Q7. Neither possession nor ownership is transferred in __________

a. Mortgage

b. Pledge

c. Hypothecation

d. All of the above Ans: c. Hypothecation

Q8. The Registrar of Companies shall issue a certificate of registration of charge of satisfaction in _____ form

a. CHG - 5

b. CHG - 9

c. CHG - 1

d. None of the above  Ans: a. CHG - 5

Q9. The Registrar of Companies shall issue a certificate of registration of charge in _______ form.

a. CHG 1

b. CHG 2

c. CHG 4

d. CHG 6 Ans: b. CHG 2

Q10. The particulars of a Registrable Charge must be filed with the Registrar within-

a. 14 days

b. 21 days

c. 30 days

d. 45 days Ans: c. 30 days

Q11. Hypothecation is a mode of security provided in 

a. Indian Contract Act 1872

b. Transfer of Property Act 1882

c. Banking Regulation Act 1949

d. SARFAESI Act 2002 Ans: d. SARFAESI Act 2002

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