FREE MOCK TEST ON BENCHMARKING | CAIIB HRM EXAM 2023

BENCHMARKING FREE MOCK TEST FOR CAIIB 2023

In this article, we will talk about free BENCHMARKING Mock Test, which is an integral part of the CAIIB NOV 2023 EXAM, and the study material that we provide for your preparation of CAIIB exam 2023.

CAIIB is a course offered by the Indian Institute of Banking & Finance (IIBF) (Certified Associate of Indian Institute of Bankers). The objective of CAIIB is to deliver cutting-edge information required for better decision-making in areas such as international banking, risk management, balance sheet management, credit management, and so forth. The CAIIB comprises two required papers. In addition to these required papers, there is one more elective paper that students may select from one of the six options out of which we will focus on Human resource management. You will find everything you need in this article for CAIIB NOVEMBER 2023

WHAT IS BENCHMARKING?

Benchmarking is a technique used in all industries to compare organisations both internally and outside. This holds true for HR professionals as well. HR benchmarking makes your organization’s HR procedures and guidelines more efficient. This consequently has a favourable effect on your bottom line.

Every HR practices can be benchmarked and improved, and there is a growing need for businesses to constantly change and stay competitive. Benchmarking that is truly useful considers the particulars of your company and location. Let’s examine what HR benchmarking is, why it’s valuable, and what the best HR benchmarking techniques are.

Read Also: Internet Banking Free Mock Test for Practice | CAIIB IT Exam 2023

ABOUT MOCK TEST

In this article, we are going to talk about one particular topic under HRM i.e, Benchmarking. We have also provided free Mock test questions on benchmarking in this particular topic. It comprises 15 questions along with their answers. Attempt this mock test and check your practice level. Don’t get distracted in between. Try to solve these questions like you are giving your exam only to get the best possible results.

CAIIB HRM BENCHMARKING Free Mock Test

Q) A systematic method for identifying, measuring, evaluating, encouraging, and improving employee performance is termed as

1. coaching management system
2. System for managing training
3. system of performance management
4. system of development management

Ans – 3

Q) As part of their education, several schools and universities have set up part-time jobs for students in specialised training programmes. This instruction is known as-

1. Training experience in a college
2. A system of educational credits
3. Coordination of education
4. A summer job

Ans – 4

Q) Ramesh is interviewing candidates for the position of Sales Executive at his company. He must be aware of the person’s personality. What approach he could take:

1. Visual Inspection
2. Checking references
3. psychological assessment
4. Interview in depth

Ans – 4

Q) The procedure for assessing employee performance, comparing performances to established standards, and informing employees of the results is known as:

1. Performance evaluations
2. Subjective evaluation
3. Criteria evaluation
4. employee performance reviews

Ans – 1

Q) Workforce and succession planning is the first step in the people management end-to-end process, which also includes-

1. compensation management. 
2. performance management.
3. system for learning management
4. Online hiring

Ans – 1

Q) Learning management systems result in the following in the talent management end-to-end process:

1. Planning for succession
2. performance evaluation
3. Management of compensation
4. Online hiring

Ans – 4

Read Also: FREE E-COMMERCE PRACTICE MOCK TEST

Q) Services previously provided by internal staff members but now provided by outside vendors include:

1. Outsourcing 
2. Offshoring
3. Alternative staffing
4. None of the above mentioned

Ans – 1

Q) Results of a competency-based compensation system include decreased bottlenecks, better employee flexibility, and increased effectiveness. Such results are better known as-

1. Quartile strategy-based results
2. Organization-related results
3. Results involving employees
4. Results of the percentiles strategy

Ans – 2

Q) Jobs in an organisation that are done by people with similar responsibilities and that call for similar knowledge, talents, and skills are categorised as:

1. benchmark position
2. The system for job promotions
3. Compensation-based evaluation
4. Job assessment

Ans- 1

Q) The following three factors are crucial for coordinating company strategy with HR practise:

1. Organizational capabilities, human resource management techniques, and business strategy
2. Organizational capabilities, human resource management techniques, and marketing strategy
3. Organizational structure, human resource management, and business strategy
4. Organizational structure, human resource policies, and marketing strategies

Ans – 1

Q) Which of the following person made a fresh concept suggestion that incorporates several important critical features that will reveal a job’s overall performance?

1. Elliot Jacques
2. Fred Luthas
3. Juran
4. none of the preceding

Ans – 1

Q) The government established national consumer councils, which are made up of?

(i) Cost account and Consumer

(ii) Various Ministries

(iii) Manufactures of Commerce 

1. Just (i) and (ii)
2. Just (i) and (iii)
3. Just (ii) and (iii)
4. (i), (ii), and (iii)

Ans – 4

Q) The organization’s responsibility in career planning is to strengthen and establish processes to ensure that employees has-

1. Career advancement
2. Personal growth
3. Economic Development
4. skill development

Ans – 1

Q) Assertion (A): An objective and error-free performance appraisal are impossible.

Reason (R): Human judgment is subtly influencing appraisal methods and may be tainted by interpersonal prejudiced inclinations.

1. Reason (R) is incorrect, but Assertion (A) is correct.
2. Reason (R) is correct, Assertion (A) is false
3. Reason (R) rejects the assertion in clause (A)
4. Reason (R) validates Assertion (A), and both Assertion (A) and Reason (R) are true (A)

Ans – 4

Q) Rationally reorder the six motivational steps.

A. Displays behavior that is goal-directed

B. Reevaluate needs and inadequacies

C. Displays

D. Recognizes needs

E. Looks for methods to meet needs

F. Experiences rewards or penalties.

1. D F C A E B.
2. B C D E A F
3. D E A C F B.
4. A B C D E F

Ans – 3

Read Also: CAIIB NOVEMBER EXAM 2022 | SCHEDULE OF LIVE CLASSES

LEARNING SESSIONS STUDY MATERIAL 

• A comprehensive video course on CAIIB Nov 2022 all subjects which are thorough and chapter-wise.
• Available in both Languages: Hindi and English on both platforms- iOS and Android
• New and updated CASE STUDIES with proper explanations. 
• Memory recalled questions.
• Chapter-by-Chapter Papers for Practice Exams for the CAIIB Nov 2022 Tests
• Competency assessments

All the best for your exam!

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