JAIIB Exam 2025 – IE&IFS Important Questions MCQs Quiz-4

13/01/2025

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JAIIB Exam 2025 IE&IFS Important Questions MCQs Quiz-4

JAIIB Exam Quiz 2025: The JAIIB exam is scheduled for 2025 by IIBF. Here, we are providing JAIIB IE&IFS MCQ-based quizzes on a regular basis. You can attempt the quizzes regularly to prepare for the upcoming JAIIB exam. The quizzes will be provided module-wise and unit-wise. You can attempt the JAIIB IE&IFS quizzes from the links below and improve your preparation by practicing regularly. These quizzes will help you boost your score in the JAIIB exam and guide you to clear the exam on your first attempt.

Q.1. When was the term “Priority Sector” first introduced in the context of bank lending in India?
A) December 23, 1967
B) December 14, 1967
C) January 1, 1968
D) July 19, 1969

Q.2 Which of the following was included in the revised Priority Sector Lending (PSL) guidelines by the RBI on September 4,2020?
A. Loans for real estate development
B. Loans for large-scale industries
C. Bank finance to start-ups (up to Rs. 50 crores)
D. Loans for foreign investments

Q3 What is the total Priority Sector Lending (PSL) target for Small Finance Banks (SFBs)?
A) 40% of Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposure (CEOBE), whichever is higher
B) 50% of ANBC or CEOBE, whichever is higher
C) 75% of ANBC or CEOBE, whichever is higher
D) 60% of ANBC or CEOBE, whichever is higher

Q.4 What is the total Priority Sector Lending (PSL) target for advances to weaker sections by Regional Rural Banks (RRBs)?
A) 10% of Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposure (CEOBE), whichever is higher
B) 15% of ANBC or CEOBE, whichever is higher
C) 20% of ANBC or CEOBE, whichever is higher
D) 25% of ANBC or CEOBE, whichever is higher

Q.5 What are the criteria for defining Micro, Small, and Medium Enterprises (MSMEs) in India as per the updated definition?
A) Investment < ₹50 crore, Turnover < ₹250 crore
B) Investment < ₹25 crore, Turnover < ₹100 crore
C) Investment < ₹10 crore, Turnover < ₹50 crore
D) Investment < ₹75 crore, Turnover < ₹300 crore

Q.6 What scheme has the government introduced to enhance the quality of MSME products globally and increase exports?
A) Make in India for MSMEs
B) Capacity Building of First-Time MSME Exporters (CBFTE)
C) MSME Export Development Scheme
D) Global MSME Expansion Program

Q.7 What is the government’s target for exports by FY27 through MSMEs?
A) $500 billion
B) $750 billion
C) $1 trillion
D) $2 trillion

Q.8. When was the Make in India initiative introduced?
A) August 2015
B) October 2013
C) September 2014
D) January 2016

Q.9 Which of the following is NOT one of the four pillars of the Make in India initiative?
A) New Processes
B) New Policies
C) New Infrastructure
D) New Mind-set

Q.10 What was the primary reason for the introduction of the Priority Sector Lending (PSL) framework in India?
A) To promote foreign trade
B) To align banks’ activities with national objectives
C) To privatize banks
D) To increase profits of public sector banks

Q.11. Which of the following is correct:
1. In Emergency Credit Line Guarantee Scheme (ECLGS), loan limit is Rs. 3 lakh crore collateral-free
2. In Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE) , Individual Micro and Small Enterprises can apply for collateral-free loans up to Rs. 1 crore
3. Interest Subsidy Eligibility Certificate (ISEC) has been implemented as a funding mechanism for the khadi programme run by the country’s khadi institutions
4. In stand up India, given special loans ranging from Rs. 50 lakhs to Rs. 1 crore, at a low interest rate.
a. All are correct
b. 1 to 3
c. 2 to 4
d. 1, 2 & 4

Q.12 What is the primary objective of the Scheme of Fund for Regeneration of Traditional Industries (SFURTI)?
A) Provide direct subsidies to artisans
B) Organize traditional industries and artisans into clusters to enhance their competitiveness
C) Promote large-scale industrial manufacturing
D) Focus solely on export-oriented traditional industries

Q.13 Who introduced the Banking Laws (Amendment) Bill of 1967 in the Lok Sabha, emphasizing social control over banks?
A) Indira Gandhi
B) Jawaharlal Nehru
C) Morarji Desai
D) Lal Bahadur Shastri

Q.14. What is the main goal of the A Scheme for Promotion of Innovation, Rural Industries & Entrepreneurship (ASPIRE)?
A) Focus on large-scale industrial production
B) Create new jobs, reduce unemployment, and promote entrepreneurship culture
C) Provide direct financial assistance to startups in urban areas
D) Support only export-driven industries

Q.15 The Credit Linked Capital Subsidy Scheme (CLCSS) is operational for the upgradation of technology in:
A) Large-scale industries
B) Micro, Small, and Medium Enterprises (MSMEs)
C) Startups
D) Government-owned enterprises

Answer:

Q1: A
Q2: B
Q3: B
Q4: B
Q5: C
Q6: B
Q7: B
Q8: A
Q9: B
Q10: B
Q11: B
Q12: C
Q13: B
Q14: D
Q15: D