JAIIB Previous Year Question Papers (PPB, AFM) for JAIIB Exam 2023 | PDF Download
This article will give you the Questions or MCQs as per the exam pattern of JAIIB Exam 2023 (as per the latest prescribed Rules by IIBF). The MCQs of the previous exams have been collected with the help of our JAIIBs who took classes from Learning Sessions & were pleased enough to spare their time for the upcoming JAIIBs!
So, thanks to them for the below Questions on the Principles & Practices of Banking, Accounting & Financial Management for Bankers.
PREVIOUS YEAR MCQs of PPB + AFM
As you prepare for the JAIIB Exams in MAY / NOV 2023 (conducted by IIBF) you might be in search of the questions from the previous JAIIB examinations. Previous Year Questions of JAIIB papers will not only help you to know the kind & level of questions that IIBF expects its Junior Associate to answer but these questions also help you in your revision for the JAIIB Exams 2023!
So, don’t worry! You have reached the right place because we have got what you are looking for. You can easily download the Previous Year’s Questions of 2 subjects of JAIIB Exams (Principles and Practices of Banking, Accounting & Financial Management for Bankers) here in this article.
These previous year’s questions will help you in understanding the JAIIB Exam Pattern 2023 and the level of difficulty of the JAIIB Exam that its papers usually possess.
Read Also:- Clear JAIIB Exam in Single Attempt in 15 Days
EXAM DETAILS OF JAIIB MAY 2023 (Latest Update)
As you may know, IIBF JAIIB Exams 2023 are going to be conducted on the below dates for the JAIIB exams:
|Subject of Jaiib
|Jaiib Exam Date
|JAIIB – IE&IFS
|JAIIB – PPB
|JAIIB – AFM
|JAIIB – RBWM
You can also check out the official notification of Exam dates for JAIIB issued from the given link:- JAIIB 2023 EXAM OFFICIAL NOTIFICATION
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JAIIB’S PREVIOUS YEAR’S QUESTION PAPERS PDF
Given below are the links from where you can download the pdf files of JAIIB Previous Year Questions with just one click:-
|JAIIB – Principles and Practices of Banking (PPB)
|PPB Sample Questions for MAY / NOV 2023 JAIIB
|JAIIB – Accounting and Finance for Bankers (AFM)
|AFM Sample Questions for MAY / NOV 2023 JAIIB
You can also go through the following important questions while you download the JAIIB previous year’s questions pdf to check your standing on your preparations. These questions for JAIIB 2023 have been specifically selected to test the level of your preparations:
Read Also:- IIBF JAIIB PPB RECOLLECTED QUESTIONS
JAIIB QUESTIONS of PPB for JAIIB MAY EXAMS 2023
|JAIIB QUESTIONS of PPB or Principles and Practices of Banking for JAIIB MCQs
|Questions from JAIIB – PPB
|Which of the following is the best operable within a ‘first to market’ scenario even though there would be a few competitors within the company industry?
b. Market skimming
c. Market penetration
d. Marketing research
|Who can’t issue CDs?
c. Both a & b
d. None of these
|What do you mean by golden parachute?
a. Attractive benefits that are given to top executives of the company at the time of targets acquisition
b. Attractive benefits that are given to clerical staff and subordinate staff of the company at the time of target acquisition
c. Attractive benefits that are given to top executives of the acquirer company at the time of target acquisition
d. Attractive benefits that are given to clerical staff and subordinate staff of the acquirer company at the time of target acquisition
|A bank wishes to undertake an insurance business. Whose permission is necessary before the commencement of business of insurance?
a. Life Insurance Corporation of India
b. General Insurance Corporation of India
c. Insurance regulatory and development authority
d. Reserve Bank of India
|In periods of boom, which leads to economic instability Reserve Bank does not resort to ……
(i) Selling of 1st class securities in RBIs precession in the market, to reduce the supply of money as a measure of open market operations
(ii) Buying of securities (approved) in the market as a measure
of open market operations
(iii) Increasing the rate of the bank as a measure of open market operations
a. Only (i) and (ii)
b. Only (i) and (iii)
c. Only (ii) and (iii)
d. (i), (ii), and (iii)
|What is meant by A/B testing in the field of marketing?
a. Testing of two different products
b. Testing two versions of an advertisement to see which elicits the best response
c. Clinical testing of medical products before legally allowing them for sale d. Testing via two mediums, such as radio and television
|The mandate given by the illiterate account holder should be
a. Attested by a manager who confirms and certifies the same.
b. Attested by Notary public or Magistrate.
c. It is enough if we ask for a Mandate letter with LTI that has to be attested by an authorized official.
d. We cannot accept a mandate from an illiterate customer at all.
|Retailer store that carries a deep assortment of speciality product line and customers served by knowledgeable staff is classified as ……
a. Category killer
b. Discount killer
c. Limited inbound retailers
d. Limited outbound retailers
|In respect of Regional Rural Banks, the shareholding pattern is:
a. Central Government 50%, State Government 35%, Sponsoring Bank 15%
b. Central Government 50%, State Government 15%, Sponsoring Bank 35%
c. Central Government 15%, State Government 35%, Sponsoring Bank 50%
d. Central Government 35%, State Government 50%, Sponsoring Bank 15%
|A result of a computer virus cannot lead to what of the following?
a. Disk Crash
b. MotherBoard Crash
c. Corruption of program
d. Deletion of files
Important Topic:- JAIIB MAY EXAM 2023 | SCHEDULE OF LIVE CLASSES
JAIIB QUESTIONS of AFM for JAIIB MAY EXAMS 2023
JAIIB IMPORTANT MCQs of AFM or Accounting & Financial Management for Bankers
|Questions from JAIIB – AFM
|A company came out with a public issue of 15 lakh shares of Rs.10 each payable as application money @ Rs.3 and allotment money @ Rs.3. The final call amount has also been called which has not been received on 600 shares. In this problem, what would be the amount that would be credited to the capital reserve after the forfeiture of shares?
|While accounts are transferred from one branch to another, the receiving branch is expected to comply with KYC Norms. Which one of the following is correct in this regard?
a. Detailed verification of Customer Profile as received from the earlier branch is to be done with caution & if required, fresh details are to be obtained
b. Fresh details are to be obtained and a fresh customer profile is required to be prepared
c. No transaction is to be permitted for the first 6 months till the customer is fully known to the bank
d. Detailed verification is not needed but the A/C is opened immediately and informed to the customer
|A woman invests some money partly in 4% stock at 120 and partly in 3% stock at 96. To get equal dividends from both, she must invest the money in the ratio of?
|The Receipts & Payment a/c of a cricket club show the following details -Subscriptions:
The current received Rs. 21,000 Arrears received Rs. 1,000 Advance received Rs. 1,600 There are 1,200 members each of them paying an annual subscription of Rs. 20. The amount to be credited to Income & Expenditure a/c will be ……
a. Rs. 21,600
b. Rs. 22,600
c. Rs. 23,600
d. Rs. 24,000
|Firm ‘A’ has a Return on Equity or ROE equal to 24%, while firm ‘B’ has an ROE of 15% during the same year. Both firms have a total debt ratio equal to 0.7. Firm ‘A’ has an asset turnover ratio of 0.8, while firm ‘B’ has an asset turnover ratio equal to 0.3. From this, we know that……
a. Firm ‘A’ has a higher profit margin than firm ‘B’
b. Firm ‘B’ has a higher profit margin than firm ‘A’
c. Firm ‘A’ and ‘B’ have the same profit margin
d. Firm ‘A’ has a higher equity multiplier than firm ‘B’
|Given: Maximum value of production and minimum value of production is 10,000 and 5000 units respectively. The maximum total cost is Rs. 25,000.00 and the minimum total cost is Rs. 15,000.00. Determine total fixed cost (FC) and per unit marginal cost (MC).
a. Rs. 2 per unit, Rs. 5,000.00
b. Rs. 5 per unit, Rs. 2000.00
c. Rs. 10 per unit, Rs. 10,000.00
d. None of the above
|A and B are in need of funds on 1.1.2019. A drew a bill for 2,00,000 for 6 months on B. On 4.1.2019 A got the bill discounted at 10% p.a. and remitted 40% of the proceeds to B. The cheque sent to B is for what amount?
|Non-financial information is not recorded in accounts due to ……
a. accrual concept
b. entity concept
c. dual aspect concept
d. money measurement concept
|A moneylender lent some amount to a trader @ 8% p.a. After 18 months, the trader paid the moneylender Rs. 700.00 in full payment of interest and principal amount. Find out the amount lent by the money-lender.
a. Rs. 600.00
b. Rs. 610.00
c. Rs. 625.00
d. Rs. 650.00
|A man deposits Rs. 500 every six months into a bank which allows him interest payable quarterly at the rate of 2 % p.a. Find the sum which will stand to his credit and the end of 10 years from his first payment.
a. Rs. 10,000 approx.
b. Rs. 11,000 approx.
c. Rs. 12,000 approx.
d. Rs. 13,000 approx.
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JAIIB MOCK TESTS for preparation of JAIIB Exam MAY / NOV 2023
While preparing Previous Year Questions of past examinations of JAIIB, it is also essential to solve some mock tests to prepare yourself for the finals.
Mock tests give you an edge over your competitors due to the fact that after going through the Mock Tests you can manage your time much better and know what kind of pattern to expect and that in turn helps you in overcoming your weak points.
To get access to the Free mock tests provided by Learning Sessions please go through this article:- JAIIB FREE MOCK TESTS
JAIIB STUDY MATERIAL MAY / NOV 2023
Learning Sessions have come up with the best coaching classes for you that would help you in your preparations for the IIBF Exams!
You can easily access the JAIIB courses through below links or apps:
Press on the above head to go to the AFM Playlist through which you can find the all AFM videos that are freely available for the JAIIB candidates for the May attempt of Junior Associate of the Indian Institute of Bankers.
|JAIIB Study Material 2023
|JAIIB MAY EXAM 2023 | SCHEDULE OF LIVE CLASSES
|JAIIB 2023 Exam Syllabus
|JAIIB 2023 Free Mock Test
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