CAIIB Demo Test

During an emergency, two officers at the same level communicate directly instead of routing the matter through the full hierarchy, and they promptly inform their immediate superiors. Which principle permits this arrangement?

An NBFC proposes to finance an individual borrower’s subscription to an IPO. What ceiling is stated in the scale-based norms?

A bank maintains approved market-risk limits, but traders regularly breach them because limits are reviewed only at month-end. Which control practice should be strengthened most directly?

A bank is evaluating a classifier on a practical dataset.
I. Dataset size can affect classifier performance.
II. Distribution of samples across classes can affect performance.
III. Dimensionality and noise have no effect on classifier performance.
IV. A model-based classifier performs well even when its assumed model is a poor fit to the actual data.
Which statements are correct?

A bank sanctions a term loan to a company against an exclusive mortgage of one identified factory building. Which classification best describes the security interest created over that building?

A consumer files a complaint two years and four months after the cause of action arose. Medical records explain the delay. What is the legally appropriate approach for the Commission?

A bank permits zonal offices to decide local staffing and service matters within defined limits. Which organisational arrangement is being used?

An exporter has an invoice of USD 200,000. The authorised dealer approves a reduction in invoice value of 8% for a genuine commercial reason. What is the reduced invoice value?

A domestic appliance manufacturer plans a major capacity expansion. Industry demand is growing slowly, imported substitutes are rising and competitors have announced new plants. Which appraisal should integrate these facts before the bank accepts the projected sales volume?

A share trades at ₹150, a one-share warrant has an exercise price of ₹110, and the warrant trades at ₹55. What are the warrant’s intrinsic value and time value?

A bank has a recovery claim of ₹35 lakh. Which specialised forum described is designed for expediting bank and financial-institution recovery cases above ₹20 lakh?

An auction is postponed because no bid equals or exceeds the reserve price. At a later sale, an authorised bank officer bids on behalf of the secured creditor and the creditor is declared purchaser. How is the purchase price treated?

RBI uses its liquidity framework to keep the overnight money-market rate aligned with the policy repo rate. What is the operational purpose?

A correlation coefficient between two variables is -0.88. What does the sign and magnitude together imply?

A bank prepares a funding strategy. Which combination best reflects the required approach? I. Consider diversification in sources and tenor. II. Consider legal, regulatory and operational constraints on transfer of funds. III. Identify primary and alternative funding sources. IV. Consider expected and unexpected cash-flow fluctuations.