50 Most Important CAIIB Practice Questions for ABM

CAIIB Practice Questions for ABM

The Indian Institute of Banking and Finance (IIBF) conducts the Certified Associate of India Institute of Bankers (CAIIB) exam twice a year, once in June and once in December. CAIIB intends to provide advanced knowledge necessary for improved decision-making to individuals already a member of IIBF in risk management, Treasury Management, Credit Management, International Banking, Balance Sheet Management, economic analysis, and so on. In order to prepare you better for the CAIIB exam, here we are with CAIIB Practice Questions for ABM pdf.

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Candidates can download the 50 Most Important Questions for ABM PDF for free. We have mentioned below the direct link to download the PDF for the candidates.

How To Download The Free Most important CAIIB Practice Questions pdf for CAIIB?

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Questions in the CAIIB Practice Questions pdf:

A car costing Rs. 700000/- was purchased with a vehicle loan to be used as a Taxi. Its estimated salvage value is Rs. 50000/- at the end of 6 years. The depreciation under the WDV method is 35.58% 

Q1. What will be the amount of depreciation on the car for the 2nd year under the straight-line method? 

a. 103358 

b. 187137 

c. 216666 

d. 579446 

Q2. What will be the amount of depreciation for the 3rd under the WDV method? 

a. 103358 

b. 187137 

c. 216666 

d. 579446 

Q3. What will be the accumulated depreciation till the 4th year under the WDV method? 

a. 103358 

b. 187137 

c. 216666 

d. 579446 

Q4. What will be the WDV at the end of 3rd year? 

a. 103358 

b. 187137 

c. 216666 

d. 579446 

Q5. The term GNP incorporates economic activity_______.

a. taking place within the geographical boundary of the country 

b. of the nationals of the country and their property 

c. of the nationals of the country and their property plus incomes earned by non-nationals working within the country 

d. taking place within the geographical boundary of the country minus incomes earned by non-nationals  working within the country 

Q6. The process of identifying human resource needs and formulating plans to meet these needs is ______

a. HR Planning 

b. Manpower planning 

c. IT Planning 

d. Production planning 

Q7. Following cost data is given about ABC Company’s product 

1. Selling price per unit – Rs. 200 
2. Marginal cost per unit – Rs. 150 
3. Fixed cost per annum – Rs. 1,00,000 

Q8. Calculate the following 

1. P/V Ratio 

a. 20 percent 

b. 23 percent 

c. 25 percent 

d. 28 percent 

Q9. Break even sales 

a. 2,00,000 OR 1000 units 

b. 3,00,000 OR 1500 units 

c. 4,00,000 OR 2000 units 

d. 5,00,000 OR 2500 units 

Q10. Sales to earn a profit of Rs. 25,000 

a. 2,00,000 OR 1000 units

b. 3,00,000 OR 1500 units 

c. 4,00,000 OR 2000 units 

d. 5,00,000 OR 2500 units

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