Banking Exams Study Resources

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What is the email address to contact for JAIIB and CAIIB study materials?

How many papers does JAIIB / DBF consist of?

4 (correct)
3
5
6

What is the topic of Module A in the JAIIB syllabus?

Financial Management
Financial Statements and Core Banking Systems
Taxation and Fundamentals of Costing
Accounting Principles and Processes (correct)

What is the page number of Module A in the JAIIB syllabus?

11 (A) Signup and view all the answers

What is the topic of Module C in the JAIIB syllabus?

Financial Management (A) Signup and view all the answers

What is the page number of the topic 'Taxation and Fundamentals of Costing' in the JAIIB syllabus?

86 (B) Signup and view all the answers

What is the primary purpose of accounting?

To communicate the results of business operations and its other aspects (D) Signup and view all the answers

What is the main difference between book-keeping and accounting?

Book-keeping is recording transactions, accounting is compilation of accounts (D) Signup and view all the answers

What is an essential aspect of accounting?

Compiling financial transactions and events of financial character (C) Signup and view all the answers

What is the term used to describe accounting?

The language of business (B) Signup and view all the answers

What is the ultimate goal of accounting?

To communicate the results of business operations and its other aspects (B) Signup and view all the answers

What is the primary focus of accounting?

Financial transactions and events of financial character (D) Signup and view all the answers

What is a characteristic of a promissory note?

It is an unconditional promise by the debtor (D) Signup and view all the answers

How many parties are involved in a promissory note?

Two: debtor and creditor (C) Signup and view all the answers

What happens to a promissory note once the debt has been discharged?

It is canceled by the payee and returned to the issuer (D) Signup and view all the answers

What is the main difference between a bill of exchange and a promissory note?

The acceptance required by the debtor (A) Signup and view all the answers

What type of transactions are recorded in a bank?

Both cash and non-cash transactions (C) Signup and view all the answers

What is a type of document used in banking transactions?

Voucher (B) Signup and view all the answers

Which type of vouchers are prepared by the branch?

Normal credit vouchers (B) Signup and view all the answers

What is the purpose of a Letter of Authority?

To contain standing instructions signed by the customer (B) Signup and view all the answers

What type of voucher contains both debit and credit to different accounts?

Composite voucher (D) Signup and view all the answers

What is a Traveller's Cheque used for?

As a means of payment while travelling (A) Signup and view all the answers

What is a Draft used for?

As a means of payment (A) Signup and view all the answers

What is the function of the Back Office in banks?

To perform Back Office functions (A) Signup and view all the answers

What type of companies prepare a trading account?

Manufacturing and trading companies only (D) Signup and view all the answers

Which of the following is not shown in the income part of a trading account?

Opening stock of goods (D) Signup and view all the answers

What is the purpose of a trading account?

To show the total sales, total purchases and all direct expenses relating to purchase and sales (A) Signup and view all the answers

Which of the following expenses is not a direct expense relating to purchase and sales?

Office salaries (A) Signup and view all the answers

What is the format of a trading account?

Two-part format (B) Signup and view all the answers