JAIIB LRAB: Practice Mock Test 01
Sign in to Google to save your progress. Learn more
Email *
GVSBANKCADEMY (www.gvsbankcademy.com)
{Note: THIS MOCK TEST IS FOR YOUR PRACTICE PURPOSE. DONT SIMPLY SUBMIT WITHOUT ATTEMPTING MOCK TEST JUST FOR ANSWERS. LEARN CONCEPT & PRACTICE}
1. Bank has served 60 days demand / possession notice under SARFAESI. Within how many days Bank should reply if the borrower raises any objection to this?
1 point
Clear selection
2. Which of the following is correct?
1 point
Clear selection
3. A minor admitted for benefit in a partnership firm on his attaining majority (or when it comes to his knowledge whichever is later) shall give public notice within-----months whether he wants to be partner in the firm
1 point
Clear selection
4. Mode of charge over actionable claims is called ---
1 point
Clear selection
5. The limitation period for filing a suit for sale of mortgaged property is :
1 point
Clear selection
6. Information sought under RTI Act should be provided or rejected by the Public Information Officer within _____ days of receipt of the request. Where the information sought for concerns the life or liberty of a person, the same shall be provided within a period of _____      the receipt of the request.
1 point
Clear selection
7. The limitation period to file a complaint under the Consumer Protection Act 2019 is:
1 point
Clear selection
8. Deferred payment guarantee is which type of guarantee
1 point
Clear selection
9. What is the limitation period for execution of a decree?
1 point
Clear selection
10.  In terms of the Partnership Act,1932 the partner of a firm, where partnership is at will, may retire ________.
1 point
Clear selection
11. Under the Sale of Goods Act, 1930, 'delivery' means _______.
1 point
Clear selection
12. A resolution professional shall file an application to the adjudicating authority to extend the period of fast-track resolution beyond _________ days, if instructed to do so by a resolution passed at a meeting of the committee of creditors.
1 point
Clear selection
13. When a company has failed to commence its business within one year of its incorporation, ___________.
1 point
Clear selection
14. A valid Agreement is one which ___________.
1 point
Clear selection
15. A contract in which one person promises to compensate the other person for the loss suffered by him, due to the conduct of the promisor or of any other person, is known as________.
1 point
Clear selection
16. Regarding LOK ADALAT, which of the following statement is correct
1 point
Clear selection
17. Regarding Debt recovery tribunal, which of the following statement is incorrect:
1 point
Clear selection
18. Which of the following statement regarding Negotiable Instrument act is incorrect?
1 point
Clear selection
19. Absolute possession with mortgagee in which type of mortgage:
1 point
Clear selection
20. Regarding appointment of directors & additional directors, which of the following statement is incorrect :
1 point
Clear selection
21. The following is always without recourse
1 point
Clear selection
22.  In the following sentence relating to repo & reverse repo rate applicability, which option correctly fills the blank spaces_____rate is the discount rate at which _____ borrow/s from ______.
1 point
Clear selection
23. Regarding the following which of the following is incorrect statement:
1 point
Clear selection
24. Regarding DEAF- Depositors Education Awareness fund, which of the following statements are correct:
1 point
Clear selection
25. Banks do not finance against which of the following:
1 point
Clear selection
26. which of the following statements are correct:
1 point
Clear selection
27.  Regarding Banking Regulation Act ,1949 which of the following statements are incorrect:
1 point
Clear selection
28. which of the following statement is wrong   in case of a partnership firm:
1 point
Clear selection
29. which of the following statement is correct    in case of crossing / Endorsement:
1 point
Clear selection
30. Which of the following statement is correct in case of “the Sales of Goods Act 1030”
1 point
Clear selection
31. Which of the following statement is correct in case of rights of unpaid seller against the goods:
1 point
Clear selection
32. Which of the following statement is correct in the following case laws:
1 point
Clear selection
33. which the following statement is incorrect
1 point
Clear selection
34. Which of the following statement is   correct statement:
1 point
Clear selection
35. which of the following statement is   incorrect statement, about FEMA -1999:
1 point
Clear selection
36. which of the following statement is   correct statement, Information Technology act 2000:
1 point
Clear selection
37. which of the following statement is   incorrect statement about PMLA,2002:
1 point
Clear selection
38. . which of the following statement is   incorrect statement about RTI ACT 2005:
1 point
Clear selection
39. which of the following statement is correct statement about Insolvency & bankruptcy code,2016
1 point
Clear selection
40. which of the following statement is   incorrect statement about letters of credit:
1 point
Clear selection
Submit
Clear form
This content is neither created nor endorsed by Google. Report Abuse - Terms of Service - Privacy Policy