JAIIB Marathon May 2025 IE and IFS Quiz-4

03/05/2025

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JAIIB Marathon May 2025 IE and IFS Quiz-4

JAIIB CAIIB Course Quiz – May 2025: The JAIIB exam for May 2025, conducted by IIBF, is fast approaching. To support your preparation, we are providing regular MCQ-based quizzes specifically designed for the JAIIB CAIIB syllabus. These quizzes are structured module-wise and unit-wise to help you cover the entire syllabus systematically. Practicing these quizzes consistently will strengthen your concepts, improve accuracy, and increase your chances of clearing the exam on your first attempt.

Q.1 The Draft Approach Paper outlines the twelfth Plan’s major objectives, the problems in attaining them, and the overall approach that must be taken to accomplish the stated goals. Among the below mentioned which of the following is an incorrect in context to the above?
(a) Growth rate of 8 per cent is targeted for the Plan.
(b) It underlines the importance of stepping up efforts to achieve 4 percent average growth in the agriculture sector over the Plan period, with food grains growing at around 2 per cent per year and non-food grains (particularly, horticulture, livestock, dairying, poultry, and fisheries) rising at 5 to 6 per cent.
(c) Higher agricultural growth would not only bring broad-based economic gains to the rural people, but it would also assist to limit inflationary pressures that might occur if high levels of growth are tried without equivalent increases in domestic food production capabilities.
(d) It suggests that the key flagship programmes that were significant in fostering inclusion in the Eleventh Plan be carried over to the Twelfth Plan.

Q.2 Among the below mentioned sets of statements determine which of the following is incorrect?
(a) The Start-up India Scheme aims to support individuals or businesses that have recently formed their own start-ups by offering better finance, including tax breaks, and ensuring that the process of establishing a start-up in India is smooth and quick.
(b) PLIs are simply financial incentives for enterprises to increase output. Current PLI scheme covers 13 sectors.
(c) The PLI scheme would make Indian firms globally competitive, encourage investment in core competencies and cutting-edge technology, assure efficiencies, produce economies of scale, boost exports, and integrate India into the global supply chain.
(d) Udyami Mitra Portal is launched by SEBI, to improve accessibility of credit and handholding services to MSMEs.

Q.3 Among the below mentioned, which among the following is not a pillar of the National Education Policy 2022?
(a) Accessibility
(b) Equity
(c) Quantity
(d) Accountability

Q.4 _____________day Treasury bill was introduced for managing liquidity and benchmarking. Zero Coupon Bonds, Floating Rate Bonds, Capital Indexed Bonds were issued and exchange traded interest rate futures were introduced.
(a) 50
(b) 90
(c) 91
(d) 120

Q.5 LAF operates through ____________ auctions to set up a corridor for short-term interest rate. LAF has emerged as the tool for both liquidity management and also signaling device for interest rates in the overnight market.
(a) Repo
(b) Reverse repo
(c) Bank rate
(d) Both a and b

Q.6 The causes that underlie India’s economic disaster have been clearly outlined by Jagdish Bhagwati. He categorizes India’s economic failure into which of the following categories?
(a) strong bureaucratic controls over production, investment, and trade
(b) inward-looking trade and foreign investment policies
(c) inefficient public-sector enterprise functioning.
(d) All of the above

Q.7 ____________ is based on an agreement, a foreign company and a local company join up to share investment, technology, profits, and so on
(a) Greenfield
(b) Brownfield
(c) Joint venture
(d) None of the above

Q.8 Choose the correct statement
(a) Raghuram Rajan committee recommended setting up of the EASE (Enhanced Access Service Excellence) agenda
(b) Usha Thorat Committee recommended setting up of the EASE (Enhanced Access Service Excellence) agenda
(c) P J Nayak Committee recommended setting up of the EASE (Enhanced Access Service Excellence) agenda
(d) None of these

Q.9 The NaBFID Act 2021 is divided into _______ Chapters consisting of _____ Sections.
(a) 7 , 23
(b) 8 , 48
(c) 7 , 48
(d) 9 , 23

Q.10 What U.S. dollar index (USDX)?
(a) It is a measure of the value of the US Dollar relative to the value of a basket of currencies of the majority of the USA’s most significant trading partners.
(b) It is a measure of the value of the Euro relative to the value of a basket of currencies of the majority of the USA’s most significant trading partners.
(c) It is a measure of the value of the Peso relative to the value of a basket of currencies of the majority of the USA’s most significant trading partners.
(d) It is a measure of the value of the Dinar relative to the value of a basket of currencies of the majority of the USA’s most significant trading partners.

Q.11 What is the full form of NCEUS?
(a) Notion Commission for Enterprises in Unorganized Sector
(b) National Commission for Enterprises in Unorganized Sector
(c) New Commission for Enterprises in Unorganized Sector
(d) Neo Commission for Enterprises in Unorganized Sector

Q.12 Which of the following is correct with respect to non-competitive bidding mechanism that is available for retail investors in the financial markets?
(i) It is a scheme allowing retail investors to invest in foreign government securities.
(ii) It is a scheme allowing retail investors to participate indirectly through an aggregator/facilitator.
(a) Only (i)
(b) Only (ii)
(c) Both (i) & (ii)
(d) None of these

Q.13 Which of the following statements is/are correct with regard to motor insurance policies under the Motor Vehicles Act, 1988?

A Liability Only Policy provides coverage only for third-party liabilities and is a statutory requirement.
A Comprehensive Policy includes Own Damage cover in addition to third-party liability.
Driving a vehicle without valid insurance is a punishable offence under law.
A Liability Only Policy also covers damages to the owner’s vehicle.
(a) 1 and 2 only
(b) 1, 2, and 3 only
(c) 1, 2, 3, and 4
(d) 2, 3, and 4 only

Q.14 Which of the following situations are typically excluded from coverage under a standard Motor Insurance Policy?

Accident caused while driving under the influence of alcohol or drugs
Electrical or mechanical breakdowns of the vehicle
Accident occurring within the geographical limits stated in the policy
Vehicle used for illegal or unlawful purposes
Driver does not possess a valid driving license
(a) 1, 2, 4 and 5 only
(b) 1, 2, 3 and 5 only
(c) 1, 3, 4 and 5 only
(d) All of the above

Q.15 Consider the following statements regarding Third-Party Liability Insurance and Certificate of Insurance:

Third-Party Liability Insurance is optional and can be availed only by commercial vehicle owners.
Certificate of Insurance under Motor Vehicle Act must be issued only in Form 51.
Apart from the insurance policy document, a separate certificate of insurance must be issued and carried in the vehicle.
Third-Party Liability Insurance covers both damage to one’s own vehicle and liability to others.
(a) 2 and 3 only
(b) 1 and 4 only
(c) 1, 2 and 3 only
(d) 2, 3 and 4 only

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