JAIIB (Principles and Practices of Banking) Paper- Qus & Ans, 41 to 50







Q41. What is the maximum amount stipulated for RTGS transaction?
1) Rs.2.00 lacs
2) Rs.1.00 lac
3) There is no upper ceiling for RTGS transactions
4) 10.00 lacs per day

Q42. When the bank lends to a SHG, what is the relationship between SHG and the bank?
1) Agent and principal
2) Lender and borrower
3) Borrower and lender
4) Creditor and Debtor

Q43. REPO (Repurchase of securities) operations will have -----
1) the effect of increasing the funds position with the banks
2) the effect of decreasing the funds position with the banks
3) effect of increasing / decreasing funds position depending on the type of securities
4) No effect on funds position with the banks

Q44. PCR stands for -----
1) Provision coverage ratio
2) Prudential cover rules
3) Premature cover ratio
4) None of the above

Q45. The word “FTP’ stands for -----
1) File Translate Protocol
2) File Transit Protocol
3) File Typing Protocol
4) File Transfer Protocol






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