JAI

IBPr
evi
ousYearQuest
ionPaper
Account
ingandFi
nancef
orBanker
s

1.Theannualcashf
lowsdi
videdbyt
hecur
rentmar
ketpr
iceofbond
gi
ves:
1.Rat
eofi
nter
est
2.Di
scountr
ate
3.Ear
ningspershar
e
4.Cur
rentyi
eld
2.Thebasi
crul
eofbookkeepi
ngi
.e.debi
tther
ecei
verandcr
edi
tthe
gi
veri
sappl
icabl
eto:
1.Per
sonalaccount
s
2.Realaccount
s
3.Nomi
nalaccount
4.Al
ltheabove
3.Capi
talaccountoft
heowner
sisanexampl
eof
:
1.Per
sonalaccount
2.Realaccount
3.Nomi
nalaccount
4.Noneoft
heabove
4.Whi
choft
hef
oll
owi
ngaccount
shaveonl
ycr
edi
tbal
ance?
1.Reser
vef
undaccount
2.Capi
talaccount
s
3.Account
srecei
vabl
es
4.
.Al
loft
hese
5.Anyexpendi
tur
ethebenef
it
sofwhi
char
econsumedi
nthecur
rentyear
i
scapit
alexpendi
tur
e:
1.Tr
ue
2.Fal
se
3.I
ncompl
etest
atement
4.Noneoft
heabove
www.
Myonl
i
nepr
ep.
com
 JAI
IBPr
evi
ousYearQuest
ionPaper
Account
ingandFi
nancef
orBanker
s

6.Anyexpendi
tur
ethebenef
it
sofwhi
char
econsumedi
nthecur
rentyear
i
scapi
talexpendi
tur
e:
1.Tr
ue
2.Fal
se
3.I
ncompl
etest
atement
4.Noneoft
heabove

7.Bor
rowi
ngCost
sli
kei
nter
estandot
hercost
sthatar
edi
rect
lyat
tri
but
-
abl
etot
heacqui
sit
ion,const
ruct
ionorpr
oduct
ionofa‘
qual
if
yingasset
’
shoul
dbecapi
tal
ised,underwhi
choft
hef
oll
owi
ngaccount
ingst
andar
ds:
1.AS22
2.AS20
3.AS16
4.AS26
8.AsperOECDgui
del
inesont
ransf
erpr
ici
ng,_____________met
hod
compar
est
hepr
iceatwhi
chcont
rol
ledt
ransact
ioni
sconduct
edt
othe
pr
iceatwhi
chcompar
abl
euncont
rol
ledt
ransact
ioni
sconduct
ed:
1.Compar
abl
euncont
rol
l
edpr
icemet
hod
2.Costpl
usmet
hod
3.Resal
epr
icemet
hod
4.Tr
ansact
i
onalnetmar
ginmet
hod
9.Whi
choft
hef
oll
owi
ngst
atementi
snott
ruer
egar
dingcl
osi
ngst
ock?
1.Thi
saccounthascr
edi
tbal
ance
2.I
tisr
ealaccountandshownonl
i
abi
l
it
ysi
deofbal
ancesheet
3.I
nthepr
ofi
tandl
ossaccounti
tisshownoncr
edi
tsi
de
4.Al
ltheabove

www.
Myonl
i
nepr
ep.
com
 JAI
IBPr
evi
ousYearQuest
ionPaper
Account
ingandFi
nancef
orBanker
s

10.Post
ingi
nthel
edger
s,i
nbanki
sont
hebasi
sof
:
1.Cashbookent
ri
es
2.Jour
nalent
ri
es
3.Voucher
s
4.Al
ltheabove
11.AsperKYCgui
del
ines,t
hebankscannothavecor
respondentar
range-
ment
swi
th'
Shel
lBanks'
.Fort
hispur
pose,t
he'
Shel
lBank'mean:
1.Abankhavi
ngnoexi
stencebutonpaperonl
y
2.Abanki
ncor
por
atedout
sideI
ndi
aandhavi
ngabr
anchi
nIndi
a
3.Abanki
ncor
por
atedi
nacount
rywher
eithasnoexi
stenceandi
tisnot
r
equi
redbyr
egul
ati
ngaut
hor
it
y
4.Abanki
ncor
por
atedout
sideI
ndi
aandbannedbyUNO t
ohaveoper
ati
ons
ot
hert
hani
ncount
ryofi
ncor
por
ati
on

12.Theext
ent
ionof________i
sthepr
inci
palact
ivi
tyofacommer
cial
bank:
1.Hi
reorPur
chase
2.Cr
edi
torLendi
ng
3.Bot
hAandB
4.Noneoft
heabove
13.I
nor
dert
oaccel
erat
eandenhancet
hef
low ofl
ongt
ermf
undst
o
I
nfr
ast
urct
urePr
oject
sforunder
taki
nggovtambi
ti
ouspr
ogr
am ofI
nfr
a-
st
ruct
ureDevel
opment
,schedul
edcommer
icalbankhavebeenal
lowedt
o
1.I
nfr
ast
ruct
ureDebtFund(
IDF)
2.I
nfr
ast
ruct
ureBal
anceFund(
IBF)
3.I
nfr
ast
ruct
ureGr
owt
hFund(
IGF)
4.I
nfr
ast
ruct
ureEqui
tyFund(
IEF)

www.
Myonl
i
nepr
ep.
com
 JAI
IBPr
evi
ousYearQuest
ionPaper
Account
ingandFi
nancef
orBanker
s

14.Thegener
all
edgert
rialbal
ancei
spr
epar
edatbr
anchend:
1.Dai
l
ybasi
s
2.Weekl
ybasi
s
3.Mont
hlybasi
s
4.Quar
ter
lybasi
s

15.Whi
choff
oll
owi
ngent
riesshoul
dnotcomeondebi
toft
hevoucher
?
1.Dr
afti
ssuedbyot
herbr
anchesoft
hebankpayabl
eatt
hebr
anch
2.Let
ter
sofaut
hor
it
ysi
gnedbyt
hecust
omer
s,cont
aini
ngst
andi
ngi
nst
ruct
ions
3.Wi
thdr
awalf
ormr
ecei
vedf
rom t
hesavi
ngsbankaccounthol
der
s
4.Chal
l
ansf
ordeposi
tsi
ntot
heaccount
sofCent
ral
/St
ateGover
nment
16.Thecausesofdepr
eci
ati
on_____:
1.Fal
li
nthemar
ketval
ueofanasset
2.Physi
calwearandt
ear
3.Fal
li
nval
ueofmoney
4.Noneoft
heabove
17.I
ncaseofstraightl
inemet
hodofchar
gingdepr
eci
ati
on,amount
:
1.I
sconst
anteveryyear
2.I
ncr
easeever
yyear
3.Decr
easesever
yyear
4.Noneoft
heabove
18.I
ncaseofdi mi
nishi
ngbal
ancemet
hod,depr
eci
ati
oni
scal
cul
atedon:
1.Theor
igi
nalcost
2.Wr
it
tendownval
ue
3.Thescr
apval
ue
4.Noneoft
heabove

www.
Myonl
i
nepr
ep.
com
 JAI
IBPr
evi
ousYearQuest
ionPaper
Account
ingandFi
nancef
orBanker
s

19.Wi
thi
nICAI
,whi
chor
gani
zat
iont
akescar
eoff
ormul
ati
onofaccount
-
i
ngst
andar
ds?
1.Counci
lofI
CAI
2.Account
ingSt
andar
dsBoar
d
3.Account
ingSt
andar
dsCommi
tt
ee
4.At
oCal
l
20.Af
irm shoul
dpr
esentt
hegr
ossamountduet
ocust
omer
sforcont
ract
wor
kasal
iabi
li
ty:Tr
ue/
Fal
se
1.TRUE
2.FALSE

www.
Myonl
i
nepr
ep.
com