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JAIIB AFM Important Questions Module C MCQs

Access the JAIIB AFM MCQs 2024 Module C for Accounting & Financial Management of Banking Paper to get good scores in the JAIIB exam. Go through the article for JAIIB AFM Exam MCQs.
authorImagePriyanka Dahima20 Aug, 2024
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JAIIB AFM Important Questions Module C MCQs

JAIIB AFM Important Questions Module C MCQs: JAIIB stands for Junior Associate of the Indian Institute of Bankers, one of the flagships. It is a survey conducted twice a year by IIBF (Indian Institute of Banking and Finance). The main objective of the JAIIB exam is to provide IIBF members with the advanced knowledge needed to make better decisions, including risk management, asset management, credit management, international banking, balance sheet management, financial analysis, etc. For banking professionals, we have provided JAIIB AFM MCQs 2024 Module C Questions.

JAIIB AFM MCQs 2024

Each JAIIB paper is divided into four modules and candidates have to clear each module to crack the exam. Practice active learning techniques like attempting JAIIB AFM MCQs 2024 Exam Module C. Remember to follow the study plan and prepare concepts in the first semester so that the next semester can be spent in rigorous practice. Check JAIIB AFM Module C Exam Questions 2024 for your exam preparation.

JAIIB AFM MCQs 2024 Module C Questions

JAIIB’s Accounting & Financial Management questions enable candidates to practice extensively, strengthen their conceptual understanding and build confidence. The JAIIB Accounting & Financial Management of Banking Paper exam consists of 100 questions and each question is carrying 1 mark. JAIIB AFM exam duration is 1 hour and there is no negative marking for incorrect responses. Check out the JAIIB AFM Module C Questions 2024 prepared by our experts.

JAIIB AFM MCQs 2024 Module C Questions

JAIIB’s Accounting & Financial Management questions enable candidates to practice extensively, strengthen their conceptual understanding and build confidence. The JAIIB Accounting & Financial Management Paper exam consists of 100 questions and each question is carrying 1 mark. JAIIB AFM exam duration is 1 hour and there is no negative marking for incorrect responses. Check out the JAIIB AFM Module C Questions 2024 prepared by our experts.

Q1. Under which act, does the RBI have the obligation to undertake the receipts and payments of the Central Government?

A. RBI Act, 1934 B. Banking Regulation Act, 1949 C. Finance Act, 1950 D. None of the above Ans: A. RBI Act, 1934

Q2. Which of the following is an advantage of public-private partnership (PPPs) for infrastructure development?

A. Greater accountability and transparency B. Reduced risk for private investors C. Lower cost of capital for the Government` D. Greater control over project timelines Ans: B. Reduced risk for private investors

Q3. Which of the following statements is true regarding the Banking Regulation Act, 1949?

A. It defines the powers and functions of the Reserve Bank of India (RBI). B. It regulates the functioning of cooperative banks and regional rural banks C. It prohibits the RBI from issuing licenses to new banks. D. It was amended in 2020 to allow the RBI to supersede the board of directors of a bank and appoint an administrator. Ans: D. It was amended in 2020 to allow the RBI to supersede the board of directors of a bank and appoint an administrator.

Q4. Who is the founder of the Grameen Bank Model?

A. Dr. Muhammad Yunus B. Amartya Sen C. Mahbub ul Haq D. None of the above Ans: A. Dr. Muhammad Yunus

Q5. What is the minimum net owned funds required for an NBFC to be classified as a systematically important NBFC (NBFC-SI)?

A. Rs. 25 Crore B. Rs. 50 Crore C. Rs. 100 Crore D. Rs. 500 Crore Ans: B. Rs. 50 Crore

Q6. Which of the following statement is true about deposit taking NBFCs.

A. NBFC can accept deposit min period 12 months and max period 60 months B. The repayment of deposit by NBFC is not guaranteed by RBI C. NBFC can not offer gift/incentives to the depositors D. All of the above Ans: D. All of the above

Q7. Consider the following statement and select the incorrect statement.

A. All NBFC are required to be registered with RBI B. NBFC can not issue cheques C. NBFCs are required to comply Basel Norms D. All are correct Ans: A. All NBFC are required to be registered with RBI

Q8. Which type of bank did the Narsimham Committee Report II (1998) recommend opening in India?

A. Regional Rural Banks B. Private Banks C. Corporate Banks D. Payment Banks Ans: B. Private Banks https://www.youtube.com/watch?v=YEgS8dEBOy4

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JAIIB AFM MCQs 2024<span style=

Q1. Where can I get the JAIIB AFM MCQs 2024 for Module C?

Ans. You can get the JAIIB AFM MCQs 2024 for Module C at our PW Blogs.

Q2. Is it necessary to practice JAIIB AFM MCQs 2024?

Ans. Yes, it is necessary to practice JAIIB AFM MCQs 2024 for better understanding of exam pattern.

Q3. How many papers are there in JAIIB Exam?

Ans. The JAIIB Exam, candidates’ knowledge is examined for the four compulsory papers: Indian Economy & Indian Financial System(IE & IFS), Principles & Practices of Banking(PPB), Accounting & Financial Management for Bankers(AFM), and Retail Banking and Wealth Management (RBWM).
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