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IIBF BC Exam Question Paper PDF 2023 is available to download on iibfexam.com. IIBF BC Exam Previous Year Papers PDF 2023, IIBF BC Exam Question Paper pdf Download Indian Institute of Banking and Finance (IIBF) Business Correspondent / Business Facilitator Questions and Answers PDF Download New 2023.
Indian Institute of Banking and Finance (IIBF) conducts the Business Correspondent / Business Facilitator Exam every month through online mode. The examination is being conducted to select the Business Correspondent / Business Facilitator for Public Sector and Private Banks across India. IIBF BC Exam 2023 is in very high demand because it gives the opportunity to open the Bank’s Mini Branch in your area.
IIBF BC Question Paper 2023 PDF Download
|Exam Name||IIBF Business Correspondent (BC)|
|Exam Duration||2 Hours|
|No. of Questions||100|
|Passing Marks||40 Marks|
|Sample Question Paper PDF||Hindi || English|
|IIBF BC Full Questions and Answers Full PDF (English)||Download Now (January 2023 Pattern)|
|IIBF BC Full Questions and Answers Full PDF (Hindi)||Download Now (January 2023 Pattern)|
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IIBF BC Exam Question Paper 2023 PDF Download
IIBF BC Exam Question Paper with Answer 2023 PDF Download. Indian Institute of Banking and Finance (IIBF) Business Correspondent (BC) IIBF Exam Questions and Answers PDF 2023 Available to Download Here.
The examination is very tough to qualify for aspirants because it has very tough questions from various subjects and topics such as
- Structure of Indian Banking and Types of Banks
- Various Deposit Schemes and other Services
- Account Opening, on-Boarding Process, KYC Mechanism, and Operations
- Accounting, Finance & Operations
- Loans and Advances: Retail Lending
- Principles of Sound Lending
- Kisan Credit Card Scheme
- Asset Classification and Methods of Recovery
- Grievance Redressal Mechanism in Banks and Banking Ombudsman Scheme
- Overview of Financial Market
- Financial Banking and Banking for the Unbanked
- Microfinance and Self-Help Groups (SHGs)
- Business Correspondent and Business Facilitator (BC/BF) Model: A Vehicle for Financial Inclusion
- Risk and Fraud Management
- PMJDY, PMJJBY, PMSBY, and APY
However, if the student read with correct study material according to IIBF BC Syllabus and IIBF Exam BC Questions and Answers as previously appear in the exam. Then the examination can be qualified easily and download the IIBF Certificate Online from the official website of the Indian Institute of Banking and Finance (IIBF).
Read Here: IIBF BC Exam Syllabus 2023 PDF
IIBF BC Questions and Answers 2023
Here are some important questions and answers for IIBF BC Exam 2023. However, if you want to qualify for the IIBF BC Exam 2023 with a Good Score and the first attempt then you should read the IIBF Questions and Answers Full PDF 2023 which contains more than 300+ important Questions.
Question No 01: “Safety of funds lent” is the most important concern for banks. Accordingly, repayment of loans depends upon certain aspects pertaining to the borrowers. Which one of the following aspects is not significant? (Select the most appropriate option from the following).
Answer: Sales do not match the estimates
Question No. 02: All the time opening an account, banks advise the customers to indicate the nominee to whom amounts are payable in the event of the death of depositors. When one of the following statements is correct regarding nomination? (Select the most appropriate option from the following).
Answer: A single depositor may nominate a person to whom in the event of death of the depositor the amount to his credit may be paid by the banking company.
Question No. 03: RBI administers important roles in the economy through various roles and functions. When one of the following statements about RBI roles is not correct?
Answer: Control over stock exchanges and commodity exchanges.
Question No. 04: Minimum age required to open an SB account in the bank.
Answer: 8 years
Question No. 05: Banks issue demand drafts (DD) on customers’ requests for the purpose of remittance of funds to third-party beneficiaries. Banks should ensure that demand drafts of ——- and above are issued invariably with account payee crossing. (Select the most appropriate option from the following)
Answer: Rs. 20,000
Question No. 06: When a customer deposits money by opening an account with bank, the relationship between the bank and his customer is that of ——– (Select the most appropriate option from the following).
Answer: Debtor – Creditor
Question No. 07: Under which one of the following bodies is the Banking Ombudsman Scheme implemented for redressal of customer’s grievances? (Select the most appropriate option from the following).
Answer: Reserve Bank of India (RBI)
Question No. 08: Bank A sanctioned and disbursed a sum of Rs. 25,000 on 1/4/20XX. It charges 9% interest on the account on quarterly bases. The amount of interest to be charged in the account on 30/06/20XX would be (Select the most appropriate option from among the following)
Answer: Rs. 2250/-
Question No. 09: An NRI ——- a PPF account. (Select the most appropriate option from the following).
Answer: Cannot Open
Question No. 10: To trace the money laundering activity, the general stages, in sequence are observed so that the money appears legitimate at the last stage. Which one of the following correct sequence of money laundering? (Select the most appropriate option from the following).
Answer: Placement, Layering, Integration
IIBF BC Exam Question Paper PDF 2023 Download Process
IIBF BC Exam Question Paper PDF 2023 is beneficial to qualify banking correspondent and banking facilitator exam online. The Questions and Answers of IIBF BC Exam 2023 help score good marks in the banking correspondent and banking facilitator Exam 2023. So here is the process that will help to download the Questions and Answers PDF Easily.
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|Sample PDF File for Questions and Answers||Hindi || English|
|IIBF BC Questions and Answers Full PDF (English)||Download Now (January 2023 Pattern)|
|IIBF BC Questions and Answers Full PDF (Hindi)||Download Now (January 2023 Pattern)|
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|Syllabus 2023||IIBF BC Exam Syllabus|
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