Mock TestJAIIB Mock Test PPB Mock Test-05 By gyanedu15 - February 25, 2021 0 51 Facebook Twitter Pinterest WhatsApp Welcome to your PPB Mock Test-05 Your Name Your Email 01. As per fair Practice Code for lenders, bankers should be constructive with a view to taking care of any lender-related genuine difficulty that borrower may face, for loans up to Rs.____a. Rs.25000b. Rs.1 lacc. Rs.2 lacd. Rs.5 lac 02. If an Indian bank has place of business in one state only and has office in Mumbai or Kolkata, what is true regard to the amount of minimum capitala. Rs.5 lacb. Rs.5 lac + Rs.25000 for each place of business outside Mumbai or kolkatac. Total amount not exceeding Rs.10 lacd. B and ce. A to c 03. Fair Practice Code for lenders is a set of codes which banks are required to follow while dealing with borrowers. This code has been on the insistence of Indian industry after notification of which of the followinga. SARFAESI Act 2002b. RDDB Act 1993c. Legal Services Authority Act 1987d. None of the above 04. The Banking Codes and Standards Board of India was constituted on the recommendations of a Committee under Chairmanship of Sh_____a. SS Taraporeb. Talwarc. Goiporiad. Narasimham 05. Regional rural banks re licenced for banking business undera. A special statuteb. Companies Actc. Cooperative Societies Actd. Banking regulation Act 06. Section 7(1) of RBI Act concerns with which of the following aspectsa. RBI authority to regulate the banksb. NABARD authority to regulate RRBsc. Govt. authority to issued directions to RBId. RBI authority to issue directions to banks in Indiae. Constitution of Board of Directors of banks 07. A bank has acquired an immovable property but it has not been able to dispose it of within 7 years. What remedy is available to the banka. It can seek Central Govt. permission which is available for 4 yearsb. It has to seek State Govt. permission where it is located which has powers to extend the period of seven years by 5 yearsc. It can seek RBI permission which has authority to extend it by 5 yearsd. It can seek RBI and Company law Board Permissione. Bank will have to pay penalty for contravention of Statutory directives 08. What is the amount of ceiling on payment of brokerage or commission or discount, or remuneration on sale of shares by a banking companya. 1% of the authorized capitalb. 2% of the issued capitalc. 2.5% of the paid value of the sharesd. 5% of the subscribed share capitale. There is no ceiling 09. To take care of temporary liquidity problems of central and state govt., what kind of loan is given by RBIa. Treasury billsb. Dated securitiesc. Short duration bondsd. Ways and means advancee. All the above 10. As per fair Practice Code for lenders, if a bank receives request from borrower for transfer of his loan account to another bank, the bank is to convey its consent objection within ______ from date of receipt of requesta. 30 daysb. 21 daysc. 15 daysd. 10 days Time is Up!