JAIIB AFB MEMORY RECALLED MCQs FOR JAIIB MAY EXAM 2023

IIBF JAIIB 2023 | MAY AFB EXAM | MEMORY RECALLED MCQs

You will find the JAIIB AFB Memory recalled MCQs, Important JAIIB Multiple Choice questions of AFB, Important AFB Concepts & MCQs for upcoming accounts MAY 2023 Exam of JAIIB.

In this article, we are providing you the Recollected questions from the memory of the AFB JAIIB Exam. Candidates preparing for the AFB paper of JAIIB Accounts Syllabus 2023 for the Nov JAIIB papers can get a clear idea about the questions (MCQs) that had come in the Accounting & Finance for Bankers of JAIIB 2023.

The JAIIB Paper No. 2 i.e. Accounting & Finance for Bankers, in short, JAIIB was conducted on November 13, 2022 by IIBF.

Learning Sessions has a large family of candidates who are making efforts towards getting extensive knowledge whether it’s in JAIIB, CAIIB or any other IIBF exams such as MSME, AML KYC & such others or even the regular Banking Promotions of all the scale! Due to this, we have the means of getting access to no. of candidates who write the JAIIB exams every year.

The last June, more than 10000 candidates who sat for JAIIB were from Learning Sessions & they were also very pleased to provide Learning Sessions the questions or the concepts that they could recall from their AFB Exam June 2022.

Read Also: LRAB IMPORTANT RECOLLECTED QUESTIONS | JAIIB EXAM 2023

JAIIB AFB MEMORY RECALLED MCQs (12/06/2022)

1. What is Depreciation?
2. What do you mean by Current Account?
3. What is Bank Reconciliation? (2-3 Multiple Choice Questions)
4. What is Sinking fund?
5. What is Yield to Maturity i.e YTM ( 2 Questions)?
6. What do you mean by Annuity?
7. What is Capital Budgeting?
8. What is NPV& Internal Rate of Return (IRR)?
9. What do you mean by Error?
10. What are Accounting Concepts? (Match the column type)
11. What is Bonus Share issued by company?
12. What are the KYC Guidelines?
13. What are Journal Entries?
14. What are the Share related Journal Entries?
15. What is Profit and loss Account?
16. What is Balance Sheet?
17. What are Company Accounts?
18. What is EMI (1 MCQ)?
19. What does Accounting Standards 3 and 10 say?
20. What are Nominal and Real Accounts?
21. What is Cheque Collection Policy?
22. What is an Asset Category?
23. What is Golden Rules of Accounting?
24. What is Time Value Money?
25. What is Future Value?
26. What is Bond?
27. What do you mean by Inventory Turnover?
28. What is Discounting Factor?
29. What is Forfeiture?
30. Meaning of Quick Assets
31. What is FOREX?
32. What is Current Ratio?
33. What is an Adjustment Entry?
34. What is Net Profit Ratio?
35. What is Interest Earning?
36. What is Cash Book or Passbook?
37. What is Digital KYC?
38. What is CBS (Core Banking Solution)?
39. Question on calculation of YTM.
40. What is Convention and Concept?
41. What is FOREX & how is the Calculation of Forward Rate is done?
42. What is Balance Sheet?
43. What is EMI (2 Questions)?
44. What is Capital Budgeting?
45. What is Annuity?
46. What do you mean by Partnership?
47. What is KYC?
48. What are the Golden Rules?
49. What are Small Accounts?
50. What does Leverage Ratios explains?
51. JAIIB PPB MEMORY RECALLED MCQs (26-02-22)
52. What is Core Banking Solution?
53. What are Real, Personal, Nominal Accounts?
54. What is Bank Reconciliation Statement?
55. What is ARR & NPV?
56. How is Depreciation calculated?
57. What is Trial Balance?
58. What is Modified Duration?
59. What is Debt Ratio?
60. What does Turnover Ratio & what are its types?
61. What is Current Yield?
62. What is Officially Valid Documents?
63. What is Theory of Ratio?
64. What is an Activity Ratio?
65. What is the Average Collection Period?
66. What is Computerized Account?
67. What is LTV (Loan to Value)?
68. What are FIFO or LIFO methods?
69. What is Debt Service Coverage Ratio?

So, these were some of the questions that the JAIIB students who gave the AFB papers could recall from their June Attempt. And if you are preparing for the AFB whether you have just started or planning to start, then surely you can spare few minutes to look at the concepts & prepare accordingly.

If you are here reading this, then we would like to mention that we have some free content for you. There are a total of 5 Mock tests available free of cost on our mobile applications & website. You can easily access them by registering with your mail id. And we also offer FREE LIVE JAIIB Video Classes on our YouTube Channel.

Read Also: JAIIB EXAM NOVEMBER 2023 NOTIFICATION

JAIIB AFB NOV STUDY MATERIAL 2023

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Some of our students have also cleared their JAIIB Exams 2023 after going through the JAIIB Videos Course just a week before the exams.

Here are the key highlights of JAIIB AFB Material:

• AFB Question Video Classes
• AFB Conceptual Video Classes
• Latest Syllabus applicable for JAIIB AFB MAY 2023
• Mock Tests of AFB with explanations
• Epdfs of AFB paper for notes & revisions
• 24-by-7 access on website or mobile apps

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