CAIIB BRBL Memory Based Paper : 21 July 2024

21/07/2024

CAIIB Banking Regulations and Business Laws (BRBL) Recollected Questions : 21 July 2024

CAIIB is a flagship course offered by IIBF. The exam is held twice every year – Once in June and once in November. 21 July 2024 CAIIB Paper 4 exam We provide Recollected Questions . In these papers, maximum questions are repeated in every exam. So, Ambitious baba is providing you with CAIIB recollected Question Papers of Banking Regulations and Business Laws (BRBL) . These recollected Question Papers Banking Regulations and Business Laws (BRBL) will be very useful in upcoming shifts.

Paper Level- Easy

Under SARFAESI Act 2002, when a bank or financial institution lends money against security, they are also called?-The Originator Bank
Which one of the following is not a Money Market instrument through which BB Bank may borrow funds? =Issue of Non – Convertible Debentures
Which of the following is correct as regards Commercial Paper?-Minimum denomination of the instrument should be INR 5 lakh, They are issued at a discount to its face value, They are held in dematerialized form
In PMLA we need to record all the cash transaction-10 Lac and above
For whole time director?-Tenure 15 Years, Cooling period 3 yrs, Max age 70
Not a function of bank?-Leasing of assets
Minor become major in a partnership –He need to give notice within 6 months of his attending the majority
Directions issued by the Reserve Bank in exercise of powers under Sections 21 and 35A of the BR Act, 1949 are — directions.-Statutory
Partnership Act 1932, which one of the following statements is correct as regards the rights of a minor in a partnership agreed upon by the partners?- The minor admitted to the benefits of a partnership usually has a right to share the property of the firm.
Maximum number of partners in a partnership firm mentioned – companies act,2013=100
Integrated Ombudsman scheme is not applicable on? -Housing Finance Company (HFC)
Minimum number of parties in indemnity?-2
Minimum number of parties in guarantee?-3
If Registration of ARC is canceled by RBI then ARC can apply with Central Government within?- 30 days from date of communion of order
DRT to DRAT amount?-50%
MD and CEO max tenure IN PVT ?-15 years
Whole Time Direct tenure?-15 years
For quorum of board meeting? Minimum 1/3rd members + minimum 2 director (private company), Minimum 1/3rd members + minimum 3 directors (public company)
ARC need license from?- RBI
Main function of RBI?- Managing the banking companies
BR Act prohibit bank from-Bartering of goods
If RBI cancel the license of any bank the can approach to central government within?- 30 days from the date of communication
Minimum Imprisonment of 3 years rigorous
Rigorous imprisonment is 3 year- Normal is 7 years + fine
Under sarfaesi 45 days. Direct from drt to drat 30
Who is Bailee & Bailor?
Liability of identifier?
Case study on DRT
Case Study on Asser size of NBFC
Case Study on Money Market
Qus on Implied Authority
Intrim Compensation to be paid in how many day?
Case study regarding gurantee
RBI cancel license within how many days bank can req to govt
Yearly report to rbi about unclaimed within how many days
Qua on Amt in pmla
One question regarding holder of cheque
Case study abt cheque
Case study abt md ceo like tenor and board meeting
Dealing on behalf of third person
Red herring prospectus
Appointment of ombudsman
No of parties in gurantee
Def of micro
Parties in contract of indemnity