<<12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758596061626364656667686970717273747576777879808182838485868788899091929394959697>> 1. What does HRD aim to create in an organization's culture?A culture of strong competitionA culture of strong hierarchiesA culture of strong relationships, teamwork, and collaborationA culture of individualismQuestion 1 of 97 2. What is a crucial step in planning an Assessment Centre before conducting exercises?Providing feedback to candidatesTraining assessorsGathering candidates at an appropriate placeSharing assessment reports with managementQuestion 2 of 97 3. What is a general best practice for password security?Share passwords with friends and familyUse the same password across all accountsChange passwords at regular intervalsWrite passwords on a sticky note attached to the deviceQuestion 3 of 97 4. What is the primary reason for using simulation in situations with size and/or complexity?To simplify the problemTo eliminate risksTo make the use of other techniques easyTo overcome the difficulty or impossibility of using other techniquesQuestion 4 of 97 5. Which measures can contribute to improving Compliance Culture?Ignoring regulatory changes and their impactUsing misconduct cases to penalize employeesEstablishing clear do's and don'ts for all employeesAvoiding acknowledgment of compliance as a cost-saving measureQuestion 5 of 97 6. According to the revised Master Direction by RBI, which entities are subject to the disclosed requirements?Only State Bank of IndiaOnly large commercial banksAll banking companies, local area banks, small finance banks, payment banks, regional rural banks, State Bank of India, and primary co-operative banksOnly regional rural banksQuestion 6 of 97 7. How should banks empower their employees in relation to compliance and business challenges?By restricting flexibility in operationsBy discouraging responsibilityBy limiting awareness of regulationsBy allowing responsible operation with flexibility to manage regulations and business challengesQuestion 7 of 97 8. Which sector is NOT included in the categories under the priority sector according to RBI guidelines?AgricultureMicro, Small and Medium EnterprisesInfrastructureRenewable EnergyQuestion 8 of 97 9. How is operational risk managed in compliance?Solely through risk reportsIgnoring incidents and key risk indicatorsUsing diverse information sources like risk reports, incidents, and key risk indicatorsRelying on external events for mitigationQuestion 9 of 97 10. The data of some worker's salary are given as 2300, 2400, 2500, 2100, 2000, 2000, 2300, 2800, 3000, 2300, 2700, 2400, 2500. If desired number of class intervals is 10, class width is100200300400Question 10 of 97 11. Which NBFC types can be placed in varied layers based on regulatory parameters?NBFC-ICC and NBFC-MGCNBFC-D and NBFC-HFCNBFC-MFI and NBFC-AANBFC-SPD and NBFC-IFCQuestion 11 of 97 12. Net Working Capital (NWC) means:Excess of Assets over total outsider's liabilitiesExcess of total current liabilities over trade payableExcess of long term sources over long-term usesExcess of long term sources over short-term usesQuestion 12 of 97 13. In a 95% confidence interval, what does the percentage represent?The size of the standard errorThe probability that the population parameter is within the intervalThe average of the sampleThe margin of errorQuestion 13 of 97 14. Under RBI guidelines, what percentage of income should a factoring company derive from factoring activity?At least 50%At least 60%At least 70%At least 75%Question 14 of 97 15. How does systematic sampling differ from simple random sampling?Systematic sampling ensures each sample has an equal chance of selectionSimple random sampling selects elements at irregular intervalsSystematic sampling involves random starting points for selectionSimple random sampling has a lower cost and is less time-consumingQuestion 15 of 97 16. What is the primary purpose of term loans provided by banks?Personal expensesAcquiring fixed assetsEducational expensesSustaining working capitalQuestion 16 of 97 17. What is the range of the coefficient of correlation?-8 to +80 to 1-1 to 10 to 8Question 17 of 97 18. What is the primary purpose of obtaining personal guarantees of directors?To ensure that the directors have a stake in the company's successTo provide additional security against default in case of companies with satisfactory financial conditionsTo ensure continuity of management and protect against changes in managementTo prevent directors from making changes in the management structureQuestion 18 of 97 19. Once seasonal patterns are established, what does their elimination from the time series help calculate?Random fluctuationsLong-term trendsCyclical variationsFuture predictionsQuestion 19 of 97 20. Which of the following is not an unsatisfactory sign in conduct of the account of the borrower?Delay in payment of interest/instalmentsrouting of transactions with some other bankFrequent over drawingsHigh turnoverQuestion 20 of 97 21. What is a crucial requirement for internal auditors regarding fraud assessment?Advanced technology skillsSufficient knowledge to identify fraud indicators and evaluate controlsLegal expertiseMarketing knowledgeQuestion 21 of 97 22. Credit rating is a system of:Measuring riskMitigating riskMigrating riskCredit appraisalQuestion 22 of 97 23. Which Act mandates the Board of Directors' responsibility for compliance with laws?Companies Act 2015Companies Act 2013Compliance Act 2018Corporate Governance Act 2017Question 23 of 97 24. A sample of 25 observations from a normal distribution has a mean of 98.6 and a standard deviation of 17.2. What the corresponding probability given a sample of 36?0.92360.87030.67520.7662Question 24 of 97 25. In the experiment of tossing a coin twice, how many possible outcomes are there in the sample space?2345Question 25 of 97 26. How many variables can the Simplex Method handle effectively, especially with computer programs and spreadsheets?Up to 5 variablesUp to 8 variablesUp to 10-12 variablesUnlimited variablesQuestion 26 of 97 27. How frequently should the Compliance Policy be reviewed?Every monthAt least once a yearEvery quarterOnly when regulatory changes occurQuestion 27 of 97 28. In cases where rectification and restructuring are not feasible, what action do banks typically initiate for recovery?Rectification proceedingsRestructuring proceedingsLegal actionRevision proceedingsQuestion 28 of 97 29. What does statistics primarily aid in when considering policies?Presenting facts in definite formSimplifying the complex dataFormulating policiesStudying relationships between variablesQuestion 29 of 97 30. What is the maximum default value for which the pre-pack framework is applicable to MSMEs?Rs. 5 croreRs. 2 croreRs. 1 croreRs. 10 croreQuestion 30 of 97 31. When is a data distribution considered symmetric?When the mean is equal to the medianWhen the mode is equal to the medianWhen the mean, mode, and median are all equalAll of the aboveQuestion 31 of 97 32. Which example illustrates an open-end class interval?0-10, 10-20, 20-30Below 10, 10-20, 20-300-10, 10-20, 30-4010-20, 20-30, Above 30Question 32 of 97 33. What does two-way classification involve?Considering more than two characteristics at a timeConsidering two characteristics at a time to classify dataConsidering a single characteristic to classify dataConsidering multiple characteristics separatelyQuestion 33 of 97 34. What is the probability distribution for a discrete random variable often presented as?A graphA formulaA cumulative distributionA tableQuestion 34 of 97 35. What does probability measure?TimePossibilityDistanceWeightQuestion 35 of 97 36. What is the primary purpose of including "Working Conditions" in Job Description (JD)?To list the job code and departmentTo define the job titleTo provide information about physical and environmental conditions, including hazardsTo describe the duties performedQuestion 36 of 97 37. What are the basic interpersonal needs that influence how people seek relationships and interactions?Control, reward, and influence.Inclusion, control, and affection.Approval, dominance, and submission.Independence, empathy, and compliance.Question 37 of 97 38. What's a key aspect facilitated by an Integrated GRC Approach in terms of frameworks?Introducing diverse frameworks for different departmentsCreating inconsistency in compliance and risk management frameworksEnabling a consistent framework for compliance and risk management across the organizationAdding complexity by diversifying compliance frameworksQuestion 38 of 97 39. To which authorities should the formal letter addressing the Superintendent of Police be sent while handing over cases to the CBI?Ministry of Home AffairsRegional Police CommissionerCBI office or the BS & FCLocal Police StationQuestion 39 of 97 40. What characterizes an exclusive type of class-interval?Both lower and upper limits included in the intervalUpper limits excluded from respective classesLower limits excluded from respective classesNo specific criteria for class inclusionQuestion 40 of 97 41. What parameters are considered in Compliance Risk Assessment?Customer feedback and market trendsExamination reports, compliance testing, and guideline implementationAnnual revenue and profit marginEmployee satisfaction surveysQuestion 41 of 97 42. What may be a likely reason for resistance to IT adoption in successful organizations according to the text?Fear, power gain, and adaptabilityFear, power loss, and adaptabilitySecurity, power loss, and adaptabilityFear, power loss, and lack of technological advancementsQuestion 42 of 97 43. What is the importance of the preliminary impression in the performance appraisal process?It facilitates immediate final judgment without discussionsHelps in avoiding a comprehensive assessmentServes as the final conclusion without employee inputForms an initial opinion about the employee's performance based on document reviewQuestion 43 of 97 44. What is the definition of fraud according to Section 17 of the Indian Contract Act, 1872?Intentional misrepresentationUnintentional concealmentAccidental promiseLawful actQuestion 44 of 97 45. Who first used the term "Statistics" to refer to the subject-matter as a whole?Professor AchenwellProfessor SmithsonProfessor StatistikProfessor MathesonQuestion 45 of 97 46. What are some possible motives for a cyber attacker?Legal activitiesInformation theft, financial gain, espionage, or sabotageSystem improvementEnhancing cybersecurity measuresQuestion 46 of 97 47. What was a significant event in the history of credit flow from the banking sector in India?The growth of private moneylendersNationalisation of banks in 1969High level of illiteracyMisuse of credit for political endsQuestion 47 of 97 48. What is the Empirical Rule for a normal distribution?Approximately 50% of the observations fall within one standard deviation of the meanApproximately 68% of the observations fall within one standard deviation of the meanApproximately 95% of the observations fall within one standard deviation of the meanApproximately 99.7% of the observations fall within one standard deviation of the meanQuestion 48 of 97 49. What are International Financial Reporting Standards (IFRS) developed by?Institute of Chartered Accountants of India (ICAI)International Accounting Standards Board (IASB)Reserve Bank of India (RBI)Securities and Exchange Board of India (SEBI)Question 49 of 97 50. What does the "Agree to disagree" principle suggest in conflict resolution?Insisting on one's viewpoint despite understanding others'Accepting differing views if no agreement is possibleContinuously engaging in unproductive argumentsForgetting about the conflict entirelyQuestion 50 of 97 51. Which of the following is correct regarding Letters of Credit?These are opened by a bank for export sales by the clientThese are opened by a bank for local sales by the clientLetters of Credit do not carry much risk for the opening bankLetters of Credit are opened by a bank for purchase of goods by the clientQuestion 51 of 97 52. In frustration conflict, what type of barriers can individuals face?Only internal barriersOnly external barriersOnly social barriersBoth external and internal barriersQuestion 52 of 97 53. Which of the following statements is not true for an infrastructure project?It has long gestation periodIt reduces the risk for the lender as her funds get assured deployment for a long time.The debt equity ratio is normally high for an infrastructure projectThe implementation period is usually longQuestion 53 of 97 54. Who provides an illustrative list of some EWS for banks to consider?Individual banksMinistry of FinanceReserve Bank of India (RBI)Credit Rating AgenciesQuestion 54 of 97 55. Which Accounting Standard provides guidance for preparing Consolidated Financial Statements (CFS) notes?AS 22AS 17AS 21AS 23Question 55 of 97 56. What is the primary purpose of signing documents by borrowers and guarantors in the context of lending?To establish the bank's liability in a court of lawTo ensure timely repayment of the loanTo confirm the borrower's income levelTo assess the borrower's spending habitsQuestion 56 of 97 57. Who decides whether to investigate into an irregularity, complaint, or fraud in the vigilance context?Employees involvedExternal auditorsChief Executive Officer (CEO)Chief Vigilance Officer (CVO)Question 57 of 97 58. What action might a bank take if there is continued deterioration in the borrower's business despite appropriate measures?Increase the loan amountRecall the advance or seize the securityProvide additional funds without any conditionsIgnore the situation and hope for improvementQuestion 58 of 97 59. What is a key personality attribute expected from HR professionals?Imagination and creativityExpertise in automotive engineeringKnowledge of performance appraisal systemsKnowledge of behavioral sciencesQuestion 59 of 97 60. Which of the following statements is not true regarding credit derivative products?These are used to hedge credit risk to the bankThe protection buyer is the lending bankThe protection seller can be another bank or any other organisationThe credit asset is transferred in case of derivativesQuestion 60 of 97 61. Who are the users seeking comprehensive data on a bank's financial aspects?RegulatorsInvestorsBank employeesAuditorsQuestion 61 of 97 62. Which of the following is NOT an international Credit Rating Agency (CRA) recognized by RBI?FitchMoody'sAcuite Ratings and Research LimitedStandard & Poor'sQuestion 62 of 97 63. How do attitudes serve a predictive function in the workplace?They aid in employees adapting to their work environment.They protect self-image and personal values.They help predict work behavior and influence outcomes like absenteeism.They provide a framework for understanding and organizing the worldQuestion 63 of 97 64. Banks enter into compromise with borrowers in caseborrower has abundant money with him than the security value.selling of security involves legal processthe PV of compromise offer is more than the PV of realizable value of available securitiesall of the aboveQuestion 64 of 97 65. The term of the office of Chairperson of the Insolvency and Bankruptcy Board of India is .....5 years or till she attains the age of 65 years, whichever is earlier.5 years3 years5 years or till she attains the age of 60 years, whichever is earlier.Question 65 of 97 66. What does Emotional Intelligence (EI) involve, according to the text?Understanding one's IQ.Controlling others' emotions.Managing one's emotions, controlling the emotions of others, and influencing emotions positively.Being empathetic without self-regulation.Question 66 of 97 67. What is the timeframe for the ombudsperson/CVO to review received complaints for code of conduct breaches or illegal activities?24 hours7 days2 days1 monthQuestion 67 of 97 68. Using the letters in the word "SQUARE", in 6-letter arrangement, what is the chance that (i) First letter is vowel, (ii) Vowels and consonants are alternate beginning with a consonant?0.5 and 0.050.5 and 0.50.05 and 0.250.25 and 0.50Question 68 of 97 69. What is included in effective audit program components?Inadequate communication and unclear documentationPolicy misalignment and inconsistent reportingAdequate transaction testing and effective communicationPolicy deviation and irregular reportingQuestion 69 of 97 70. What does frequency signify in a frequency distribution?The number of values occurring only onceThe number of occurrences of a specific value in a series of observationsThe total number of observations in a datasetThe range of values within a class intervalQuestion 70 of 97 71. What are the three stages involved in the counseling process?Clarify, assess, and motivateRecognize, help realize, and manage the problemIgnore, overlook, and reprimandCriticize, demotivate, and penalizeQuestion 71 of 97 72. What does Reporting Independence mean within the Compliance function?Reporting only to senior managementFreedom to report irregularities directly to the board/audit committee, bypassing normal reporting linesLimited reporting to the Compliance departmentReporting irregularities to regulatory bodies onlyQuestion 72 of 97 73. Which statistical technique helps in predicting the impact of numerous variables?Time series analysisRegression analysisBayesian Decision TheoryQualitative analysisQuestion 73 of 97 74. How do attackers compromise a user's credentials in a MitM attack?By installing antivirus softwareIntercepting communications and stealing credentialsEnhancing firewall settingsConducting regular system backupsQuestion 74 of 97 75. How much of the observations in a normal distribution fall within two standard deviations of the mean according to the Empirical Rule?Approximately 50%Approximately 68%Approximately 95%Approximately 99.7%Question 75 of 97 76. How can malware and spyware commonly enter a user's device?Through physical connectionVia voice commandsUsing vulnerabilities in browsers or operating systemsBy sending a text messageQuestion 76 of 97 77. Conflict in the workplace can result from:Alignment in personalities and communicationCompatibility in needs and self-interestsMismanagement and personality clashesOpen discussions and mutual respectQuestion 77 of 97 78. What does RBIA aim to ensure regarding management's responses to risks?Elimination of risksAlignment with shareholder interestsEffectiveness and alignment with risk appetiteMaximized risk exposureQuestion 78 of 97 79. Which act governs individuals as borrowers?Indian Partnership Act 1932Companies Act 2013Indian Contract Act 1872Limited Liability Partnership Act 2008Question 79 of 97 80. If X follows Binomial distribution with n= 7, p=1/2, then Mode is3.5343 and 4Question 80 of 97 81. If n! = 1, what is the value of n?1023Question 81 of 97 82. How are working capital loans typically repaid?MonthlyQuarterlyOn demandAs per the agreed repayment scheduleQuestion 82 of 97 83. What is the purpose of trend analysis in statistics?To identify random fluctuations in dataTo study the short-term patterns in dataTo analyze the long-term patterns or tendencies in dataTo calculate the median of a datasetQuestion 83 of 97 84. What does Linear Programming aim to achieve?Random allocation of resourcesOptimal allocation of limited resources among competing demandsSolving nonlinear equationsMaximizing financial profitsQuestion 84 of 97 85. What is the responsibility of the Board regarding risk management, compliance, and internal audit?Ignoring responsibilities and purposesEstablishing clear policies for risk management, compliance, and internal audit with defined purposes and responsibilitiesFocusing solely on business functionsDelegating responsibilities to middle managementQuestion 85 of 97 86. What are the three types of processes used in representative simulation models?Chemical, physical, and biologicalArithmetic, analog, and logicalMechanical, electrical, and thermalDigital, manual, and automatedQuestion 86 of 97 87. What is Mean Deviation (MD) in statistics?The arithmetic mean of all values in a datasetThe arithmetic mean of absolute deviations from the medianThe arithmetic mean of absolute deviations from the meanThe product of all values in a datasetQuestion 87 of 97 88. Under what conditions can share premium be utilized?Unrestricted use without approvalsOnly for shareholder dividendsSubject to approval for certain purposesExclusively for marketing purposesQuestion 88 of 97 89. What defines fixed level compensation?Compensation linked to market fluctuationsCompensation tied to individual performanceCompensation set regardless of employee performanceCompensation adjusted based on industry standardsQuestion 89 of 97 90. What is an example of simple random sampling?Interviewing employees based on their departmentsSelecting employees randomly from different citiesChoosing employees based on their performanceDrawing employee names from a box without biasQuestion 90 of 97 91. Apart from capital market and commercial real estate, what does the regulatory framework mandate for NBC-UL regarding exposure limits?No specific mandates beyond these sectorsSetting internal limits for all sectors except bankingSetting internal limits for other crucial sectors and exposure within the NBC sectorRestricting exposure solely to manufacturing and technology sectorsQuestion 91 of 97 92. Which module within the GRC application is specifically designed to handle operational loss events?Issues and Action PlanRisk Control Self-Assessment (RCSA)Incident ManagementKey Risk Indicators (KRI)Question 92 of 97 93. Erik Erikson's stage "Industry vs. Inferiority" involves:Developing trust in othersAchieving a sense of competenceFeeling guilt when taking initiativesExperiencing intimacy with othersQuestion 93 of 97 94. How does the PMF differ from other probability functions?It applies only to continuous random variablesIt assigns probabilities to discrete outcomesIt is defined as the average value of a random variableIt is unrelated to probabilityQuestion 94 of 97 95. A bag contains red and blue marbles. Two marbles are drawn without replacement. The probability of selecting a red marble and then a blue marble is 0.28. The probability of selecting a red marble on the first draw is 0.5. What is the probability of selecting a blue marble on the second draw, given that the first marble drawn was red?0.450.560.750.66Question 95 of 97 96. Which HRD system deals with the identification and development of talents within an organization?Learning and DevelopmentPerformance AppraisalHuman Resource Information SystemCompensation ManagementQuestion 96 of 97 97. What is the minimum tenure for the appointment of a CCO in an NBFC?1 year2 years3 years5 yearsQuestion 97 of 97 Loading...
