<<1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586878889909192939495969798>> 1. Which theory focuses on the idea that individuals will be motivated to act upon perceiving an inequity and are driven to reduce it?Maslow's Hierarchy of NeedsAdams' Equity TheoryHerzberg's Two-Factor TheoryERG TheoryQuestion 1 of 98 2. Which of the following is an example of a continuous variable?Number of accidentsAge in yearsPercentage of marksNumber of members in a familyQuestion 2 of 98 3. According to Schein's three-dimensional movements, what are the three types of movements in an organization?Linear, Vertical, and Circular movementsUpward, Downward, and Lateral movementsVertical, Circumferential, and Radial movementsForward, Backward, and Sideward movementsQuestion 3 of 98 4. The type of cumulative frequencies where the frequencies are added starting from the highest class to the lowest class are called ______________Relative FrequencyPercentage FrequencyLess than Cumulative FrequencyGreater than Cumulative FrequencyQuestion 4 of 98 5. What is estimation in statistics?Drawing conclusions from a sampleCalculating population parameters directlyAnalyzing individual data pointsIgnoring sample statisticsQuestion 5 of 98 6. Whom should Senior Management inform about compliance failures?Functional heads onlyBoard/ACB and relevant functional headsChief Compliance Officer (CCO)MD & CEO onlyQuestion 6 of 98 7. What does correlation measure in statistical analysis?MeanVariabilityThe degree and direction of relationship between two or more variablesThe medianQuestion 7 of 98 8. What defines Inherent Risk in a system?Risk that exists even with controls in placeRisk present without any controls in placeRisk that increases with security measuresRisk mitigated after implementing controlsQuestion 8 of 98 9. What is the core concept of the 360 Degree Appraisal Method?Sole reliance on self-assessmentEmployee-centered ratings by various stakeholdersEvaluation exclusively by seniors and subordinatesEvaluation only by colleagues (peers)Question 9 of 98 10. How is one-way classification defined?Classifying data based on two characteristicsClassifying data based on multiple characteristicsClassifying data for a single characteristicClassifying data without any characteristicsQuestion 10 of 98 11. According to Vroom's Expectancy Model, what is the core element related to a person's belief in performance leading to a specific desired reward?ExpectancyInstrumentalityValenceMotivationQuestion 11 of 98 12. How can individuals protect themselves from identity theft?Ignoring software updatesSharing personal information on social mediaEnabling public Wi-Fi connectionsUsing strong and unique passwords, monitoring financial statements, and being cautious of phishing attemptsQuestion 12 of 98 13. What role does the Compliance Department play in regard to new products and services?Marketing the products/servicesTesting the products/services for complianceSelecting the best products/services for the marketSetting the price of the products/servicesQuestion 13 of 98 14. The probability of loss that remains to systems that store, process, or transmit information after security measures or controls have been implemented is called risk.ResidualControlInherentOperationalQuestion 14 of 98 15. According to the approach described, what is essential for effective governance and risk management?Isolation from external auditorsLimited interaction with Senior ManagementStrong linkages between various stakeholdersDisregarding compliance monitoringQuestion 15 of 98 16. What is mandated regarding the Compliance Policy in NBFCs?Bi-annual policy reviewQuarterly updates to the Compliance PolicyAnnual board-approved policy covering compliance philosophy, role of Compliance function, CCO's role, and processes for risk identification, monitoring, and reportingOnce-in-a-lifetime policy establishmentQuestion 16 of 98 17. What type of function is used to describe the probability distribution of a continuous random variable?Cumulative distribution functionProbability density functionJoint probability functionMarginal probability functionQuestion 17 of 98 18. What characterizes simple random sampling?Unequal probability of sample selectionSelection based solely on the researcher's judgmentEach possible sample having an equal probability of selectionSamples chosen from specific, affected groupsQuestion 18 of 98 19. The total priority sector target for foreign banks, operating in India, is20%32%40%18%Question 19 of 98 20. How does RAT analyze roles within a team?By evaluating job performanceBy analyzing roles in terms of critical attributesBy conducting job interviewsBy assessing job market trendsQuestion 20 of 98 21. What is the maximum loan limit per borrower for SHG/JLG provided directly by banks for activities other than agriculture or MSME?1.8 lakhs1.9 lakhs2.0 lakhs2.1 lakhsQuestion 21 of 98 22. Compliance risk encompasses the risk of:Financial gainLoss to reputationOperational efficiencyMarket expansionQuestion 22 of 98 23. A border patrol checkpoint that stops every passenger van is usingSimple random samplingSystematic samplingStratified samplingComplete enumerationQuestion 23 of 98 24. How are projected financial statements prepared?Based on anticipated performance in the pastBased on actual statements for the future periodBased on actual statements for the past period and anticipated performance in the futureBased on actual statements for the past period onlyQuestion 24 of 98 25. What does the principle of "Orientation" in adult learning suggest?Adults need to be externally motivated to learn.Adults are generally not self-motivated to learn.Adults need to reframe their emotions and assumptions about learning.Adults are always fully prepared for new learning experiences.Question 25 of 98 26. When did the Reserve Bank of India announce the guidelines for setting up and operating the Trade Receivables Discounting System (TReDS)?3/12/20123/12/20143/12/20163/12/2018Question 26 of 98 27. How does performance appraisal support the management of employees?By solely administering disciplinary actionsBy solely focusing on job requirementsBy aiding in decision-making regarding promotions and interventionsBy overseeing employee hiring processesQuestion 27 of 98 28. What does Compliance Risk in technology-driven banking primarily address?Profitability analysisIssues of data confidentiality, availability, and integrity breachesTechnological advancementsMarket competitionQuestion 28 of 98 29. What is the maximum maturity period allowed for Commercial Paper (CP) from the date of issue?6 months9 months12 months15 monthsQuestion 29 of 98 30. What is the primary objective of HRMS (Human Resource Management System)?To increase the complexity of HR tasksTo manage employee data efficientlyTo eliminate HR professionals' involvement in data managementTo limit the tasks handled by HR softwareQuestion 30 of 98 31. What distinguishes term loan appraisal from project appraisal?Term loan appraisal focuses on technical feasibility, while project appraisal focuses on financial viability.Term loan appraisal assesses working capital requirements, while project appraisal does not.Term loan appraisal evaluates specific loan requests, while project appraisal evaluates entire ventures.Term loan appraisal involves detailed risk analysis, while project appraisal focuses on financial projections.Question 31 of 98 32. How does the RBI classify fraud in its guidelines?Based on the severity of lossUsing a specific definition of fraudReferring solely to IPC 1860 provisionsClassifying based on specific criminal actsQuestion 32 of 98 33. In the Hypothecation method, who typically retains possession of the goods?BankBorrowerGodown keeperTrusteeQuestion 33 of 98 34. Which method involves the use of a Behavioral Event Interview (BEI) for competency mapping?Post Performance-based ApproachJob-focused ApproachAssessment CentresPosition-based Questionnaire MethodQuestion 34 of 98 35. What is the main goal of succession planning?Identifying external talent for key rolesEnsuring a static workforce with no leadership changesIdentifying and developing internal talent for leadership rolesReducing the number of leaders in an organizationQuestion 35 of 98 36. Where should details of Letters of Comfort (LoCs) issued, their financial impact, and obligations be disclosed according to disclosure norms?In the Income StatementIn the Cash Flow StatementIn the 'Notes to Accounts'In the Management Discussion & Analysis sectionQuestion 36 of 98 37. When mean is 79 and variance is 64, then CV is ____________81.01%1.23%10.13%1.54%Question 37 of 98 38. What does Information and Communication Technologies (ICT) encompass in its scope?Telekinesis and telepathyRadio and televisionInternet, social media, mobile communication, and computersWritten correspondence and telegraphyQuestion 38 of 98 39. Which of the following is NOT considered an external factor affecting credit risk?Interest rate fluctuationsGovernment policiesCyclical industriesDefault riskQuestion 39 of 98 40. What does an Integrated GRC Approach primarily aim to achieve concerning redundancy?Introducing redundant work across initiativesEliminating redundant work and costs across initiativesIncreasing duplicative software and hardwareEnhancing training costs across different systemsQuestion 40 of 98 41. What can mitigate conflicts arising from poor communication styles among team members?Inadequate performance improvement plansOpen and clear communicationAvoidance of conflictsFostering personality clashesQuestion 41 of 98 42. What does a structured reporting framework include for compliance monitoring?Random compliance checks onlyPeriodic compliance status reports, consolidated certificates, and departmental compliance certificatesFinancial forecasts and shareholder reportsMarketing strategies and customer feedbackQuestion 42 of 98 43. What differentiates Hygiene factors from Motivational factors in Herzberg's Two-Factor Theory?Hygiene factors are directly related to job content.Hygiene factors significantly motivate employees.Motivational factors create dissatisfaction when absent.Motivational factors are related to job environment.Question 43 of 98 44. Which one of the following is not a means of identifying compliance issue in a product or process?Regulatory guidelineslaws and statutesCharacteristics of the product or processSystem and information securityQuestion 44 of 98 45. What is bankruptcy according to the Insolvency and Bankruptcy Code?A situation where an individual or entity's assets exceed its liabilitiesA legal recognition of financial stability beyond resolutionA process of reorganizing debt obligationsA situation where an individual or entity has been adjudged as unable to pay debtsQuestion 45 of 98 46. What is the main purpose of the Payment Fraud Reporting Guidelines?To encourage delayed reportingTo establish a central repository for payment fraud informationTo reduce reporting frequencyTo enable near real-time reporting to prevent payment fraudsQuestion 46 of 98 47. What is the requirement for holding non-performing financial assets before selling to other banks/financial institutions/NBFCs according to the RBI circular?At least 6 months.At least 18 months.At least 12 months.No holding period is requiredQuestion 47 of 98 48. What is one responsibility of the Audit Committee concerning the appointment of external auditors?Managing risk governanceReviewing audit reportsAppointing internal auditorsAppointing external auditorsQuestion 48 of 98 49. What is the threshold for reporting credit information to CRILC in terms of aggregate fund-based and non-fund based exposure?Rs. 1 croreRs. 5 lakhsRs. 5 croresRs. 10 croresQuestion 49 of 98 50. Getting a number 10 on a dice is an example ofMutually Exclusive eventsCertain eventComplement eventsImpossible eventQuestion 50 of 98 51. To measure seasonal variations effectively, what time intervals should be considered?Years and decadesMonths and yearsDays and weeksCenturies and millenniaQuestion 51 of 98 52. Which of the following is NOT a component of credit risk mitigation?Credit scoringRisk-based pricingStress testingMarket speculationQuestion 52 of 98 53. Which perspective believes that conflict is inevitable and can be a positive force if managed properly?TraditionalistsHuman relations expertsIntegrationistsConflict resolversQuestion 53 of 98 54. How is the formula for calculating combinations expressed?nCr = n! / r!nCr = r! / n!nCr = (n-r)! / n!nCr = n! / (r! * (n-r)!)Question 54 of 98 55. Which area is NOT mentioned as an application of simulation methods?Facility layoutWeather forecastingStock marketAircraft maintenance schedulingQuestion 55 of 98 56. What is the primary connection between RBIA and an organization's risk management framework?Evaluating market risksFocusing on risk avoidanceAuditing risk management processesAssessing competitor risksQuestion 56 of 98 57. What characterizes secondary data?First-hand informationInformation collected for the first timeInformation collected from WHO, UNESCO, LIC, etcInformation collected by the investigatorQuestion 57 of 98 58. What is an Advanced Persistent Threat (APT)?A short-term, easily detectable cyber attackUnauthorized access to a network that remains undiscovered for an extended periodA virus that spreads rapidly across multiple devicesA standard phishing attackQuestion 58 of 98 59. If a Branch Manager states that the profit is estimated to be between Rs.2 crores to Rs.2.50 crores, what type of estimate is this?Point estimateConfidence intervalUnbiased estimateConsistent estimateQuestion 59 of 98 60. How is the Coefficient of Mean Deviation (Mean) calculated?Dividing the sum of absolute deviations by the meanDividing the mean deviation by the meanMultiplying the mean deviation by the meanTaking the square root of the mean deviationQuestion 60 of 98 61. How are discomfort or concerns from other regulators communicated to RBI within the compliance structure?Overseas compliance officers directly contact RBICompliance officers inform the Audit Committee of the BoardThe Chief Compliance Officer (CCO) communicates discomfort from other regulators to RBIAll compliance staff raise concerns collectively to the Managing DirectorQuestion 61 of 98 62. If X follows Binomial distribution with n= 7, p=1/2, then Mode is3.5343 and 4Question 62 of 98 63. What should officers be sensitized to do regarding Early Warning Signals (EWS) and Red Flagged Accounts (RFA)?Ignore any EWS manifestationsReport EWS promptly to the Fraud Monitoring Group (FMG) or designated committeeFile a police complaint for every EWS observedShare EWS information with customersQuestion 63 of 98 64. What does the term "stiff/severe major penalty" refer to?Minor penalty for misconductReward for exceptional serviceRemoval, dismissal, or compulsory retirement as a consequence of a disciplinary actionVerbal warningQuestion 64 of 98 65. Under the new model of "Strategic HRM," what is the expected relationship between line managers and HR professionals in Banks?Line managers function as isolated HR administrators.HR professionals are the sole point of contact for all employee issues.Line managers are the primary point of contact for employee-specific issues.HR professionals focus solely on corporate business goalsQuestion 65 of 98 66. Which characteristic of attitudes is mentioned in the provided information?Attitudes are highly stable and rarely change.Attitudes are unrelated to objects and perceptions.Attitudes can range from highly favorable to highly unfavorable.Attitudes are solely influenced by internal factors.Question 66 of 98 67. What are some key social skills that are vital for building relationships and achieving shared goals?Technical expertise and creativity.Conflict avoidance and passive behavior.Influencing, communication, conflict management, leadership, and collaboration.Rigid adherence to personal preferences.Question 67 of 98 68. In public sector banks, what is the role of the Vigilance Cell when frauds are examined from the staff angle?Ignoring fraud cases involving staffTaking preventive measures onlyReporting cases to external agenciesTaking necessary steps to investigate and take action against staff responsible for the fraudQuestion 68 of 98 69. Which example illustrates two-way classification?Classifying population by religion, sex, and literacyClassifying population by religionClassifying population by religion and sexClassifying population without any characteristicsQuestion 69 of 98 70. An investment consultant predicts that the odds against the price of a certain stock will go up during the next week are 2: 1 and the odds in favour of the price remaining the same are 1: 3. What is the probability that the price of the stock will go down during the next week.2/33/55/121/2Question 70 of 98 71. How do the duties and responsibilities of compliance departments in subsidiaries and RRBs compare to those of the parent bank?They are completely differentThey are similar and include ensuring compliance with applicable guidelines and reporting to their respective boardsThey focus only on profitabilityThey have no reporting responsibilitiesQuestion 71 of 98 72. Which function of statistics involves simplification of complex data?Studying relationships between variablesFormulating policiesSimplifying the dataForecasting outcomesQuestion 72 of 98 73. Let X= The number of defects that occur in a computer monitor of a certain size with average number of defects = 5. P(X>5) is0.3840.6160.440.556Question 73 of 98 74. What factors determine the escalation of compliance failures?Employee feedbackImpact on the Bank, scale of the issue, risk to clients, loss of confidence in the Bank, and legal implicationsAnnual revenueEmployee promotionsQuestion 74 of 98 75. What is the primary objective of enhanced disclosure requirements in banking?Reducing market disciplineEncouraging market discipline and transparencyLimiting transparencyEnhancing market competitionQuestion 75 of 98 76. What does job evaluation help in distinguishing among jobs?Only based on job descriptionBased on job analysisSolely on risk involvedConsidering complexity, skills required, and hazardsQuestion 76 of 98 77. What is the minimum requirement for Common Equity Tier 1 as per the additional changes for NBC-UL?7% of Risk Weighted Assets9% of Risk Weighted Assets11% of Risk Weighted Assets5% of Risk Weighted AssetsQuestion 77 of 98 78. What does "Tone from the top" in Compliance Culture primarily involve?Strict enforcement of compliance rulesAligning actions of board and senior management with valuesCreating a separate compliance departmentDelegating compliance responsibilities to junior staffQuestion 78 of 98 79. The Social Learning Theory attributes personality development more to:Genetic factorsIndividual traitsEnvironmental influencesUnconscious desiresQuestion 79 of 98 80. How is relative frequency calculated for a class interval?By dividing class frequency by total frequencyBy dividing total frequency by class frequencyBy multiplying class frequency by total frequencyBy adding class frequency to total frequencyQuestion 80 of 98 81. What was a consequence of the Industrial Revolution's focus on quantity output in the workplace?Increased human-centric strategiesNeglect of human emotions and needsEnhanced job contentImproved work cultureQuestion 81 of 98 82. Two balls are drawn from a bag one by one with 2 white and 3 black balls. What is the probability that the second ball is white?1/52/53/54/5Question 82 of 98 83. Which of the following best describes a census?Collecting data from a selected group for estimationCollecting data about a subset of individualsCollecting data for the entire populationCollecting data for a specific demographic groupQuestion 83 of 98 84. How can self-development be defined?The process of maintaining one's current personality traits.The process of continuously seeking external improvement.The process of maturing one's personality to handle tasks and situations effectively and seeking self-improvement.The process of adapting to one's environment and social norms.Question 84 of 98 85. How is the probability of an event A expressed mathematically?P(A) = Number of impossible outcomes / Total possible outcomesP(A) = Total number of possible outcomes / Number of favourable outcomesP(A) = Number of favourable outcomes / Total number of possible outcomesP(A) = Total number of possible outcomes - Number of favourable outcomesQuestion 85 of 98 86. In the context of the coefficient of correlation, what does a value of +1 indicate?Nil correlationPerfect positive correlationPerfect negative correlationNo relationship between variablesQuestion 86 of 98 87. What is the significance of "Quality Data and Information" in good compliance?Encouraging the use of low-quality data for decision-makingLimiting the generation of data for decision-makingFostering the generation and utilization of high-quality data for informed decision-makingAvoiding the use of data for decision-makingQuestion 87 of 98 88. What is a primary purpose of the Assessment Centre?Conducting traditional performance appraisalsMeasuring employee satisfaction levelsIdentifying future potential leaders and assessing managerial potentialSolely assessing technical skillsQuestion 88 of 98 89. What action does the Compliance Department take regarding applicable rules, standards, laws, and codes of conduct?Keeping them for internal reference without circulationPeriodically updating and circulating them among departmentsIssuing compliance certificates based on these guidelinesIgnoring these guidelines for operational easeQuestion 89 of 98 90. What characterizes the Normal Distribution?A skewed curveA uniform curveA bell-shaped curveA step-like curveQuestion 90 of 98 91. What term is used to describe the standard deviation of the distribution of a sample statistic?Variance of the sampleStandard error of the statisticSampling deviationPopulation errorQuestion 91 of 98 92. The following are the marks of 9 students in a class 34, 32, 48, 38, 24, 30, 27, 21, 35. Median is24323435Question 92 of 98 93. What qualifications are required for staff within the Compliance Function in an NBFC?Solely expertise in finance and marketingExpertise in technology and innovationQualified staff with expertise in statutory/regulatory knowledge, law, accountancy, risk management, etcNo specific qualifications requiredQuestion 93 of 98 94. What does "Wrongful loss" mean under Section 447?Loss through lawful meansLoss by unlawful means of property not legally entitled toLoss due to honest mistakesLoss only applicable to shareholdersQuestion 94 of 98 95. How should HR departments align IT strategies with HR strategies?By avoiding IT strategiesBy focusing only on data managementBy not advising on process improvementBy aligning IT strategies with HR strategies to achieve strategic objectivesQuestion 95 of 98 96. What are the governing principles outlined in the incorporation of disclosures in Listing Regulations?Compliance only with securities lawsClarity, accuracy, and simplicity in disseminationAvoidance of timely information to exchangesNon-compliance with accounting standardsQuestion 96 of 98 97. Which communication approach is recommended for conflict management to prevent escalation?Shouting and use of hurtful wordsPolite and convincing speech with abusive languageBeing clear, precise, and avoiding complicated languageAvoiding the discussion of differences altogetherQuestion 97 of 98 98. What entities can report instances of breaches/non-compliances?Only branchesCompliance department officialsBranches, RO/ZO officials, audit reports, or specific compliance surveysOnly Central office functional departmentsQuestion 98 of 98 Loading...
