Table of Contents
JAIIB Exam 2025 IE&IFS Important Questions MCQs Quiz-7
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 The 1991 Economic Reforms in India were introduced due to which of the following factors?
1.Adverse balance of payments
2.Poor performance of the public sector
3.Drop in foreign exchange reserves
4.Large government debts
5.Inflationary pressure
6.Stringent conditions laid down by the World Bank and IMF
A. 1, 2, 3, and 5 only
B. 2, 3, 4, and 6 only
C. 1, 3, 4, 5, and 6 only
D. All of the above
Q.2 Q: Which of the following statements is true regarding the economic reforms of the 1980s and 1990s in India?
1. The reforms of the 1980s were influenced by the ‘Washington Consensus’ doctrine.
2. The 1980s reforms included limited deregulation and partial liberalization of specific sectors.
3. The reforms of the 1990s were broader in scope, covering industry, commerce, investment, and agriculture.
4. The reforms of the 1980s were more extensive than those of the 1990s.
A. 1, 2, and 3 only
B. 1 and 2 only
C. 1, 3, and 4 only
D. All of the above
Q 3 Which of the following were key features of economic liberalization in India?
1.Opening of economic frontiers to international investors and multinationals
2.Enhanced production capacity
3.Abolition of government industrial licensing
4.Freedom to import goods
A. 1 and 3 only
B. 2, 3, and 4 only
C. 1, 2, and 4 only
D. All of the above
Q.4 What were the key outcomes of privatization introduced in India as part of the 1991 economic reforms?
1.Providing the private sector with more opportunities to oversee various services
2.Limiting the role of the public sector
3.Increasing foreign participation and FDI inflow
4.Encouraging healthy competition for Indian goods and services
A. 1, 2, and 3 only
B. 2 and 4 only
C. 1, 3, and 4 only
D. All of the above
Q.5 Which of the following were introduced as part of banking sector reforms in India?
1.Lok Adalats
2.Debt Recovery Tribunals
3.Asset Reconstruction Companies
4.SARFAESI
A. 1, 2, and 3 only
B. 2, 3, and 4 only
C. 1, 3, and 4 only
D. All of the above
Q.6 The Verma Committee, set up in 1998, focused on which of the following?
A. Review of weak banks
B. Review of bank supervision
C. Harmonization of the role of FIs and banks
D. Monetary policy
Q.7 Which committee was set up in 1985 to review India’s monetary policy?
A. Narsimham Committee-I
B. Padmanabhan Committee
C. Chakaravarti Committee
D. Verma Committee
Q.8 Which of the following reforms were introduced in 1992 in the Indian banking and financial sector?
1.Capital adequacy norms
2.Deregulation of lending rates
3.Creation of Debt Recovery Tribunals (DRT)
4.Entry of new private banks
A. 1, 2, and 3 only
B. 2, 3, and 4 only
C. 1, 3, and 4 only
D. All of the above
Q.9 What was the purpose of the banking reforms introduced in 1992, such as the progressive reduction of CRR and SLR, and mergers and amalgamations?
A. To enhance credit delivery and improve liquidity
B. To discourage foreign investment in Indian banks
C. To focus only on rural credit delivery systems
D. To limit competition in the banking sector
Q.10 According to Jagdish Bhagwati, what were the key reasons behind India’s economic failure prior to the 1991 reforms?
1.Strong bureaucratic controls over production, investment, and trade
2.Inward-looking trade and foreign investment policies
3.Inefficient functioning of public-sector enterprises
4.Excessive focus on globalization
A. 1, 2, and 3 only
B. 2 and 4 only
C. 1, 3, and 4 only
D. All of the above
Q.11 Which of the following were the focus areas of prudential reforms in the banking sector?
1.Non-Performing Assets (NPAs)
2.Capital adequacy
3.Diversification of operations
4.Foreign exchange reserves management
A. 1, 2, and 3 only
B. 1 and 4 only
C. 2, 3, and 4 only
D. All of the above
Q.12 Which of the following were steps taken to strengthen supervisory reforms in the Indian banking sector?
1.Establishment of the Board for Financial Supervision (BFS)
2.Implementation of the CAMELS supervisory rating system
3.Transition to risk-based supervision
4.Strengthening corporate governance and due diligence on
shareholders
A. 1, 2, and 3 only
B. 2, 3, and 4 only
C. 1, 3, and 4 only
D. All of the above
Q.13 Which of the following is correct in context of CAMEL?
1.C — Capital adequacy
2.A — Asset quality
3.M — Management
4.E — Earnings
5.L — Leverage
A. 1, 2, and 3 only
B. 1, 2, 3, and 4 only
C. 1, 3, and 5 only
D. All of the above
Q.14 : Which of the following were key institutional reforms in the Indian banking sector?
1.Establishment of the Credit Information Bureau
2.Establishment of the Clearing Corporation of India Limited (CCIL)
3.Adoption of the SARFAESI Act
4.Introduction of the National Payment Corporation of India (NPCI)
A. 1, 2, and 3 only
B. 2 and 3 only
C. 1 and 4 only
D. All of the above
Q.15 What was the primary purpose of establishing the Clearing Corporation of India Limited (CCIL)?
A. To act as a central counterparty in the payments and
settlement system for fixed income securities and money
market instruments
B. To regulate foreign exchange trading
C. To implement the SARFAESI Act
D. To protect the interests of foreign investors in Indian banks
Answer:
Q1: D
Q2: A
Q3: D
Q4: D
Q5: A
Q6: A
Q7: C
Q8: D
Q9: A
Q10: A
Q11: A
Q12: D
Q13: B
Q14: A
Q15: A
For Detailed solution with an explanation watch below video
Bilingual Buy JAIIB MAHACOMBO Online Course
