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JAIIB-PPB-RECOLLECTED QUESTIONS FROM JAN 2017


Friends, due to shortage of time, I am updating the re-collected questions from Jan 2017 posted by our group members. Let me update this page with the answer as and when I get time. Till then you all can go through the book/internet and update yourselves. Wish you all the very best for your exam.

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MUDRA - Micro Units Development & Refinance Agency Ltd.

Charge Card - In such cards, transactions are accumulated over a period of time, generally a month and the total amount charged, i.e. debited to the account. The credit card holder is given about 25 to 50 days' time to credit his account in case there are insufficient funds in his account at the time of debit.

Garnishee Order: Monetary judgement by the court against defendant by ordering third party (garnishee) to pay money owed by the defendant (judgement debtor) to the plaintiff (judgement creditor). This is so when there is default in debt repayment.

Strategic Alliance : A strategic alliance (also see strategic partnership) is an agreement between two or more parties to pursue a set of agreed upon objectives needed while remaining independent organizations. A strategic alliance will usually fall short of a legal partnership entity, agency, or corporate affiliate relationship.

Selective Credit Control (SCC) directives is to prevent speculative holding of essential commodities and the resultant rise in their prices. RBI's general guidelines on SCC are:

(i) Banks should not allow customers dealing in SCC commodities any credit facilities including against book debts/receivables or even collateral securities like insurance policies, shares, stocks and real estate) that would directly or indirectly defeat the purpose of the SCC directives,
(ii) Credit limits against each commodity covered by SCC directives should be segregated and the SCC restrictions be applied to each of such segregated limits.

IDBI and Bharatiya mahila bank - Public sector banks

Social Media Marketing - It is the use of social media platforms and websites to promote a product or service.[1] Most of these social media platforms have their own built-in data analytics tools, which enable companies to track the progress, success, and engagement of ad campaigns.

Account payee crossing is comes under which act? - Its just a practise follwed at large.

Maximum numbers of partners in partnership - 50

APY subsidy - 50% of the total contribution or Rs. 1,000/- per annum, whichever is lower, to the eligible APY account holders who join the scheme during the period 1st June, 2015 to 31st December, 2015. The Government co-contribution will be given for 5 years from FY 2015-16 to 2019-20.

Incentive for Exchange of soiled notes/adjudication of mutilated banknotes over the counter at bank branches
a. Exchange of soiled notes – Rs. 2 per packet for exchange of soiled notes up to Rs. 50/-.
b. Adjudication of mutilated notes – Rs. 2.00 per piece.

Uberrimae Fidei Contract - A legal agreement requiring the highest standard good faith. "Uberrimae fidei" or "uberrima fides" is Latin for "utmost good faith." Insurance contracts are the most common type of uberrimae fidei contract. Because the insurance company agrees to share the risk of loss with the policyholder, it is imperative that the policyholder act in good faith by fully disclosing all information that affects the insurance company's level of risk.

An American Depositary Receipt (ADR) is a negotiable certificate issued by a U.S. bank representing a specified number of shares in a foreign (i.e. non-U.S.) stock that is traded on a U.S. exchange. ADRs are denominated in U.S. dollars, with the underlying security held by a U.S. financial institution overseas. ADRs help to reduce administration and duty costs that would otherwise be levied on each transaction.

A Global Depositary Receipt (GDR) represents a bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an international bank. The shares trade as domestic shares, but are offered for sale globally through the various bank branches. The term GDR is used throughout the globe and designates any foreign firm that trades on an exchange outside its home country.

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15-20 questions from marketing like pricing, promotion mix etc
Mobile banking related 2 questions
Case studies on LC and BG
Marketing vs selling --- should identify wrong statement
Matching of 4 ps with 4cs
Which is not a characteristic of services?
Banker right
Lending percentage for micro small manufacturing service units
Maximum members in SHG
Minimum number of members in Public Limited Company
kcc percent
RBI function
Repayment period in short term crop loan
LAN Topology
Revovery disater
Promotion mix
Net working capital
Capital adequacy ratio
Data warehousing
Pledge
Assignment
PMEGP
Half nest
Clayton Rule
CGTMSE
BCSBI registered as?
IAS,DvP IN MARKETING
PSLCS
What is reinsurance?
SLR full form
Banks insurance coverd by DICGS

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