CS Professional Banking and Insurance - Laws and Practice PYQ December 2024: Question Paper and Available Answers
CS Professional
4 - Banking and Insurance - Laws and Practice
PYQS Series
December 2024
35 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional 4 - Banking and Insurance - Laws and Practice PYQS (December 2024). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Know Your Customer is the process of verifying the identity of customer. The objective of KYC guidelines is to prevent banks from being used, by criminal elements for money launder
- Know Your Customer is the process of verifying the identity of customer. The objective of KYC guidelines is to prevent banks from being used, by criminal elements for money launder
- Know Your Customer is the process of verifying the identity of customer. The objective of KYC guidelines is to prevent banks from being used, by criminal elements for money launder
- Know Your Customer is the process of verifying the identity of customer. The objective of KYC guidelines is to prevent banks from being used, by criminal elements for money launder
- Know Your Customer is the process of verifying the identity of customer. The objective of KYC guidelines is to prevent banks from being used, by criminal elements for money launder
- Know Your Customer is the process of verifying the identity of customer. The objective of KYC guidelines is to prevent banks from being used, by criminal elements for money launder
- Know Your Customer is the process of verifying the identity of customer. The objective of KYC guidelines is to prevent banks from being used, by criminal elements for money launder
- Reserve Bank of India issued a circular No. RBI/2024-25/28DOR.LIC. REC. 20/16.13.218/2024-25 dated 26.04.2024 for Small Finance Banks as Voluntary Transition of Small Finance Banks
- Reserve Bank of India issued a circular No. RBI/2024-25/28DOR.LIC. REC. 20/16.13.218/2024-25 dated 26.04.2024 for Small Finance Banks as Voluntary Transition of Small Finance Banks
- What is the difference between Payment Banks and Small Finance Banks?
- What are the KYC documents required to open a bank account in case of a Company?
- What are the KYC documents required to open a bank account in case of a Trust/AOP/Club/Society?
- What are the factors that affect the Equated Monthly Instalments or EMI of Bank Loans? With the help of the following data, calculate the Equated Monthly Instalment (EMI) of Housin
- A works in a Company and during the year he got transferred from Himachal Pradesh to West Bengal. He wants to open a Bank account in West Bengal but he has no Officially Valid Docu
- What do you know about operational controls in CBS Banking with regard to Personnel Control?
- What do you know about operational controls in CBS Banking with regard to Logical Access Control?
- Calculate the total provision required in respect of the NPA Loan Account of XYZ Ltd at M/s ABC Bank as on 31.03.2024: Loan outstanding balance ₹ 4 lakhs. ECGC Cover 50 percent. Pe
- What are the safeguards employed to ensure that the provisions of compromise settlement with borrowers classified as fraud or wilful defaulter, are not mis-utilized?
- Under the Limitation Act, 1963 what is the period of limitation for the following loan documents: Mortgage loans Execution of decree Demand loan Bill discounted Deposit Accounts.
- A property in the name of a 'A' was given on lease to a bank in 2012. 'A' died. The Bank did not pay rent from August, 2012 to July, 2018. B-A's daughter approached the bank and th
- Organization's Information and Cyber Security Policy (ICSP) identifies responsibilities and establishes the goals for consistent and appropriate protection of the organization's cr
- Organization's Information and Cyber Security Policy (ICSP) identifies responsibilities and establishes the goals for consistent and appropriate protection of the organization's cr
- Organization's Information and Cyber Security Policy (ICSP) identifies responsibilities and establishes the goals for consistent and appropriate protection of the organization's cr
- Organization's Information and Cyber Security Policy (ICSP) identifies responsibilities and establishes the goals for consistent and appropriate protection of the organization's cr
- "An insurance contract is considered as a contract of utmost good faith and not of caveat emptor ?" Explain.
- "Ideally Insurance operations cannot be outsourced". How will you justify this statement?
- What are the different types of Life Insurance? Explain the features of a Life Insurance Plan.
- Sharma insured his goods in a warehouse against fire with XYZ Insurance Company. The goods were burnt and he recovered the full value of ₹ 10,00,000 from the insurance company. Sub
- Suresh, has a health insurance policy with M/s X Health Insurance Company Limited. The sum insured is ₹ 15 lakh and the policy has a floater option of ₹ 5 lakh. The policy was firs
- A purchased a car getting it financed by XYZ Finance Limited. The car was being used for a company's executives only. The car met with an accident. A filed a claim with the insuran
- A purchased a car getting it financed by XYZ Finance Limited. The car was being used for a company's executives only. The car met with an accident. A filed a claim with the insuran
- Prakash effected insurance on his goods against loss or damage by fire. Prakash and his wife quarrelled and the excited wife set fire and destroyed the goods. Can Prakash recover u
- What are the reasons that most of the insured prefer to choose an Individual Agent instead of Corporate Agent or Online purchase of insurance?
- Describe the functions of Reinsurance Broker.
- Insurers are well advised to put in place a "whistle blower policy" whereby mechanisms exist for employees to raise concerns internally about possible irregularities, governance we
How to Prepare for CS Professional 4 - Banking and Insurance - Laws and Practice
Use past questions to practise the paper format and review available answers. Check the current syllabus, applicable law and examination duration before attempting a timed paper.