JAIIB Morning Shift 6th December 2020 Questions and Answers

 JIIAB morning shift questions and answers are useful for those students who are appearing in the consecutive slots. You can refer below for some recollected questions before you actually end up in your shift.

The Indian Institute of Banking and Finance is conducting the JAIIB exam on 6th December 2020 for paper 1- Principles and Practices of Banking. This JAIIB exam is important for all the appearing candidates to earn the increments and promotions in Banks. To help the students who will be appearing in upcoming shifts of the JAIIB exam, Adda247 is providing the exclusive JAIIB Exam Analysis for the 1st shift at 11 AM. This exam analysis will help the candidates in understanding the paper pattern, difficulty level and good attempts.

JAIIB 6th Decembers 2020 Questions:

1. Increase in CRR causes - Increase in Interest rates on Loans 

2. Who are called as business facilitators - Banks

3. Can a Minor enter contract of partnership - No

4. What is call money market - Money borrowed for a day with no collaterals 

5. Which of the following are data mining tools - SQl/Python/Oracle

6. What is meant by pre shipment credit -  Credit given to exporter prior to shipment of goods for execution of export order

7. How are mutual funds valuated? - NAV (net Asset Value)

8. What is the overdraft available for PMJDY account - 10,000 Rupees

9. LIC bond is - Assignment

10. Ethical dilemma - An ethical dilemma, ethical paradox, or moral dilemma is a decision-making problem between two possible moral imperatives, neither of which is unambiguously acceptable or preferable. 

11.Chairman of monetary policy - governor Shaktikanta Das

12. Commercial Paper is - Unsecured

13. Guidelines for Fair Practice Code for the Lenders - RBI

14. Mobile Banking transactions cant be carried out by - Email

15. Deen Dayal Upadhyaya Antyodaya Yojana - Deen Dayal Antyodaya Yojana or DAY is a Government of India scheme for helping the poor by providing skill training. It replaces Aajeevika. The Government of India has provisioned ₹500 crore for the scheme. The objective of the scheme is to train 0.5 million people in urban areas per annum from 2016. 

16. Banking Means - Banking is defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to conduct economic activities such as making profit or simply covering operating expenses.