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IIBF JAIIB PPB QUESTION PDF | JAIIB IMPORTANT MCQs MAY 2023 EXAMS

IIBF JAIIB PPB QUESTION PDF | JAIIB IMPORTANT MCQs MAY 2023 EXAMS

In this article, we will provide you with some of the most important Questions from the MAY Exam point of View, so that you have a higher chance of clearing the JAIIB papers this 2023. The Questions have been provided by the expert faculty of Learning Sessions. So, you must cover the provided principles & practices of banking (ppb) Questions surely.

JAIIB PPB QUESTION PDF: 

As the JAIIB 2023 Exams will soon be here & the second exam being JAIIB – Principles & Practices of Banking, we here are bringing you some set of important questions that you should go through for revision purposes.

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Go through the below given JAIIB PPB multiple-choice questions for JAIIB MAY 2023 Exams preparation:-

No. PPB IMPORTANT QUESTIONS FOR JAIIB MAY 2023 Answer
1 If the sales are declining leading to declining in profits and there seems no possibility of increasing or improving them, which strategy will be adopted by the organization from the below options?

a. modification of Product

b. More products will get modified & some of the production will be eliminated/terminated

c. Some of product modification and more of production elimination

d. elimination of Products

d
2 Which one of the following statements isn’t correct in the context of when dealing with a company?

a. Responsibility to get the charge registered with ROC lies on the bank

b. Responsibility to file the particulars related to the charge so as to get it registered lies on the company

c. If a company doesn’t to file the particulars of charge for registration, bank can file those particulars with ROC within the prescribed period, being an interested party

d. when the charge is satisfied, it is also required to be registered within 30 days of satisfaction

a
3 Suppose, when two companies get merged where one is a supplier of goods to the other company. What kind merger it will be known as?

a. Horizontal merger

b. Vertical merger

c. Concentric merger

d. Conglomerate merger

b
4 As what kind of person the Banking Codes & Standards Board of India (BCSBI) has been constituted?

a. Joint stock company

b. Trust

c. Society

d. Limited Liability Partnership

c
5 From which of the given options the DSS & ESS bring about a lot of transparency?

a. System of Data Processing

b. Processing of Cheques

c. Decisions Making Process

d. Processing of Withdrawals

c
6 The most visible of impact of technology can be seen in the way the banks respond __________ to make it effectively usable for the efficient service delivery.

a. Technically

b. Operationally

c. Strategically

d. Financially

c
7 Which from the following amounts can be sent outside India by an NRI from his NRO a/c?

(a) interest that is credited by the bank

(b) amount of dividend that he receives in a/c

(c) principal in the account

a. a and b

b. b and c

c. a and c

d. Any of the above

a
8 What is a withdrawal slip from the given options?

a. Cheque

b. Bill of Exchange

c. Promissory Note

d. All of these

c
9 What is the relationship between bank & a corporate person when the bank lends money to the corporate?

a. borrower & lender

b. creditor & debtor

c. debtor & creditor

d. customer & client

b
10 As the social networks have an enormous capacity for information sharing, they can be a great distribution channel for what of the below options?

a. customer feedback

b. viral content

c. exclusive coupons

d. marketing messages

d
11 According to marketing’s 4Ps, credit terms cannot be classified as which of the given options?

(i) Place,

(ii) Price,

(iii) Product

a. Only (i) & (ii)

b. Only (i) & (iii)

c. Only (ii) & (iii)

d. (i), (ii) & (iii)

b
12 Which of the following is not a type of term deposit which gets issued by commercial banks?

a. Current account

b. Fixed deposit

c. Recurring deposit

d. Reinvestment deposit

a
13 Under what category of advances (priority sector) that are provided to Primary Agricultural Credit Societies (PACS) are covered?

a. Direct Agriculture Advances

b. Indirect Agriculture

c. Self Employment Scheme

d. Allied to indirect Agriculture Advances

b
14 To whom are the cases of deceased depositors are required to be reported where the claims have been received & are pending beyond the stipulated period from the following?

a. Board of Directors of the bank

b. Ombudsman

c. Reserve Bank of India (RBI)

d. Customer Service Committee of the Board

a
15 What is the name of the settlement system in which there is continuous processing & final payment of funds transfer instructions?

a. Debit clearing system

b. credit clearing system

c. national clearing system

d. real time gross settlement

d
16 What does the term “DRT” stand for when it is used in relation to recovery of bank dues?

a. Debt Recovery Tribunal

b. Debtor recovery tribunal

c. Debt recovery tariff

d. Debt reminder tribunal

a
17 By what name the system is known by which has a very high-frequency radio signal to transmit data through space?

a. optical fibre

b. Coaxial cable

c. microwave system

d. modem

c
18 What is a formal & mutually agreed commercial collaboration b/w Companies called by?

a. Merger

b. Amalgamation

c. Strategic Alliance

d. Subsidiary

b
19 What do the mental act, habit or condition of placing confidence or trust in another tells you?

a. Motive

b. Belief

c. Behavior

d. Attitude

d
20 If a Non-Performing Asser is purchased from Sugandha bank by Yamini Bank and Yamini bank wants to sell it to Zeus bank, what will be the time period for which the account (NPA) has to remain with bank Yamini?

a. 6 months

b. 12 months

c. 15 months

d. 18 months

a

 

Read Also:- JAIIB NOVEMBER SYLLABUS 2023

PPB LATEST STUDY MATERIAL MAY 2023

As the registrations for exams of JAIIB MAY 2023 attempt will open right on the scheduled dates, this might be the last opportunity for those who hadn’t really cleared their JAIIB in Nov 2022. Now, is the right time to prepare for JAIIB IE&IFS, PPB, AFM, RBWM papers with more zeal.

You can prepare the papers of JAIIB i.e. principles & practices of banking (ppb), accounting & finance for bankers (afb) & legal & regulatory aspects of banking (lrab) through Learning Sessions study material. We have materials for individual papers as well as combo packs for JAIIB MAY 2023 that can be browsed through our website or our mobile apps.

Right now, Learning Sessions is offering Exam from 20% to 12% on most of its listed packs of JAIIB. You take this opportunity & start preparing with the most feasible paid quality material you are going to get for the JAIIB MAY 2023 in the market this season!

Read Also:- JAIIB NOVEMBER EXAM 2023 | SCHEDULE OF LIVE CLASSES

 

Learning Sessions PPB Video Material for the JAIIB  2023 will contain:

  • Principles & Practices of Banking Videos
  • Recordings of Live Videos
  • Questions
  • EPDFs
  • Language:
    • English
    • English mix Hindi

The lectures are prepared as per the latest IIBF Syllabus & are arranged chapter wise which can be accessed using mobile or Laptop. You will be getting conceptual clarity.

 Access the JAIIB courses through:

You can even access the free Mock Tests on PPB & other IIBF exams as well by signing up on our website

 

You can also go through the below articles if you are looking for more content on PPB 2023:

Download “IIBF JAIIB PPB QUESTION PDF - principles and practices of banking”

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All the Best for your Exams!

Team: Learning Sessions

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