JAIIB (Principles and Practices of Banking) Paper- Qus & Ans, 56 to 60







Q56. In the case of assignment of insurance policy, who has to give the notice of assignment
1) Insurer
2) Assignee
3) Guarantor
4) Agent

Q57. For indirect finance to Self Help Groups (SHGs), through NGOs, some conditions are laid down. Which one of the following is not such a
condition?
1) NGO is registered
2) Audited balance sheets for three years should be analyzed
3) There should be provision in the by-laws of the Ngo to borrow for SHG activities
4) NGO should provide adequate collateral security

Q58. Treasury bills are classified under ------
1) Money market instruments
2) Debt market instrument
3) Both money and debt market segments
4) Different heads based on the period of the Treasury bill

Q59. Garnishee order ----- (select the wrong statement)
1) Is an order of the court
2) Is the order to attach the funds
3) Pertains to the funds belonging to a judgment debtor in the hands of his debtors
4) Is the order for payment of funds in an account

Q60. Which of the following statement is true regarding the right of a minor?
1) Minor cannot be declared as insolvent
2) A minor cannot act as an agent
3) A minor cannot be a partner
4) A minor can be a valid guarantor






No Ans Available. Plz send your Ans. with Qus. on babita.kanwar05@gmail.com . I want to Update.

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