JAIIB QUESTIONS AND MODEL QUESTION PAPER
1) If number of partners in a firm is 22 in respect of trading activity the firm is 1) Limited company 2) Large partnership 3) Illegal association 4) None of these 2) Mandate given by the illiterate account holder should be 1) Attested by manager who confirms and certifies thee same. 2) Attested by Notary public or Magistrate. 3) It is enough if we ask for a Mandate letter with LTI which has to be attested an authorised official. 4) We cannot accept a mandate from an illiterate customer at all. 3) A joint account is operated by A and B as both or survivor. A dies and a cheque signed by A and B are presented for payment. The cheque 1) Can be paid. 2) Can be paid after getting confirmation from B. 3) Can be paid after getting the consent of the legal heirs of A. 4) None of the above. 4) IT authorities have seized a deposit receipt from a customer. The deposit has matured. Now the deposit receipt is presented by IT authorities for payment along with over due intere...
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