Recollected Question of JAIIB-PPB ✅ Which type of fraud case is not to be reported : Ans:-Theft

Discussion in 'IIBF JAIIB CAIIB' started by Yogender Sharma, Sep 19, 2017.

  1. Yogender Sharma

    Yogender Sharma New Member

    Recollected Question of JAIIB-PPB ✅ Which type of fraud case is not to be reported : Ans:-Theft and burglary. ✅ There is excess cash with the cashier while closing the cash balance in the evening. It is to be deposited in : Ans:-Sundries account excess cash received account (credit balance). ✅ Which document is required to be attested (witnessed) a. mortgage deed b. pledge agreement c.Hypothecation agreement d. lien Ans:-Mortgage deed ✅ No. of bank branches in India is a. above 40000 b. above 50000 c. above 60000 d. above 70000 Ans:- Above 70000 ✅ A, B and C want to open a joint account with the provision that after death of any of them, the money should not be paid to any legal heir, what mode of operation should be opened : Ans:-Either or any of them ✅ ECB can be raised under automatic approval by (a) companies (b) firms Ans:- Companies ✅ Borrowing power of Board of Directors is described in: Ans:-Articles of Association. ✅ Doctorine of Ultravires borrowing relates to : Ans:-Borrowing by a company for an activity, which it is not authorized to undertake as per its Memorandum of Association ✅ Loan of Rs.25000 has been obtained by the depositor against an FDR. Minor is to be appointed nominee in the account : Ans:-Can be done after repayment of the loan. Terms of deposit account will not be allowed to be changed during currency of the loan.
     
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