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JAIIB Previous Year Question Paper Principles & Practices of Banking PDF

JAIIB Previous Year Question Papers (Principles and Practices of Banking) PDF Download

If you are starting the JAIIB preparations then we suggest you also prepare from JAIIB Question Papers of Previous Years to know the kind & level of questions that IIBF expects its Junior Associate to answer

You can also find the JAIIBs solved papers that will assist you in understanding the Exam pattern and the level of difficulty that the papers usually possess.

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JAIIB CHAPTER WISE PREVIOUS YEAR QUESTION PAPERS PDF DOWNLOAD

You are free to download the PDF files of JAIIBs Principles and Practices of Banking Question Paper of previous years from the below links:

JAIIB PPB Previous Questions And Answers PDF
JAIIB PPB Sample Questions for May 2022 Click Here

 

IMPORTANT TOPIC:- JAIIB 2022 EXAM NOTIFICATION 

You are also advised to read the following important questions before you appear in the exams:

NO. JAIIB Previous Year Question Papers Answer
1 A company has issued certain shares giving an option to shareholders that in case there is no profit in a particular year, the dividend for that year shall be paid, in the future, when the company has an adequate profit. Such share is called:

a. Cumulative equity share

b. Redeemable shares

c. Participating preference shared.

d.Cumulative preference shared

d
2 Which of the following items in a bank balance sheet is not placed under ‘other assets?

a. Inter-office adjustments(net)

b. Interest accrued

c. Stationery and stamps

d. Investment in subsidiaries

d
3 While posting the transaction, the Accounts clerk of a firm posted an entry of Rs.9957 to an account as Rs.9597. This will be known as:

a. Error of omission

b. The error of commission

c. The error of principled. Compensating error

b
4 Which of the following statements is not true:

a. Amount of bill is received by the payee

b. Drawee is the maker of a bill of exchange

c. Acceptance by the drawee is compulsory in usance bill

d. Before acceptance of a bill, the drawee is not liable on the bill

b
5 Cash which is not due as income of the business is not credited to income under ________ system and cash received whether due or not is taken as income of the business under _______ system:

a. Accrual, accrual

b. Accrual, cash

c. Cash, accrual

d. Cash, cash

b
6 When a bond matures, its maturity value is known as:

a. Maturity value

b. Redemption value

c. Face valued. Coupon value

b
7 A firm receives a commission in advance. Where will this transaction be classified?

a. Personal account (asset)

b. Personal account (liability)

c. Real account(tangible)

d. Real account(intangible)

c
8 Which of the following is not a method of preparation of trial balances?

a. Totals method

b. Balances method

c. Totals and balances method

d. None of the above

d
9 Closing Stock appearing in the trial balances indicates that:

A. Opening Stock appears outside the trial balance

b. Opening Stock has been adjusted into the Stock figure

c. Purchases have been included in the Closing Stock

d. Closing Stock will appear only in the trading account

b
10 Adjustment entry for bad debts is:

a. Bad Debts Dr. to P & l A/c or

b. Provision for bad & doubtful a/c Dr. to bad Debts

c. Bad debts Dr. to Debtors Cr.

d. P & L A/c Dr. to bad Debts Cr.

d
11 All receipts and payments made in cash, including cheques, are recorded in:

a. Balance sheet

b. Income and expenditure account

c. Receipt and payment account

d. Profit and loss account

d
12 All receipts and payments made in cash, including cheques, are recorded in:

a. Balance sheet

b. Income and expenditure account

c. Receipt and payment account

d. Profit and loss account

c
13 Pre-operative expenses are shown by a company as:

a. Expenditure in the trading account

b. Expenditure in the profit loss account

c. Asset in the balance sheet

d. liability in the balance sheet

d
14 Which among the following accounting standards deal with inventory valuation:

a. AS-2

b. AS-4

c. AS-9

d. AS-11

a
15 If preference shares are redeemed at a premium, such premium may be provided out of them:

a. Share premium A/c

b. Proceeds of fresh issue of shares

c. Shares forfeited A/c

d. Any of the above

d
16 ________ is the statements showing debit and credit balance taken from ledger including cash and bank balances as on a particular date.

a. Reconciliation

b. Trail balance

c. Profit and loss account

d. Balance sheet

d
17 While making the positing, the staff of a firm credited the personal account of the partner instead of the account of the firm. This would be called:

a. Error of principle

b. The error of omission

c. Compensating error and error of commission

d. None of the above

c
18 When the required rate of return is (less than/more than) the coupon rate, the discount on the bond _______ as maturity approaches:

a. More than increases

b. Less than, increase

c. Less than, constant

d. More than, declines

c
19 The accounting cycle of business transactions follows the following order:

a. Summarizing – recording – classifying

b. Classifying – summarizing – recording

c. Recording – classifying – summarizing

d. None of the above

c
20 Which of the following can be treated as indirect expenses:

a. Personal expenses of the proprietor

b. Selling expenses

c. Carriage inward

d. All the above

d

 

IMPORTANT TOPIC:- AFB SYLLABUS PRIORITY 

EXAM DETAILS OF JAIIB

As you may know, IIBF has postponed the November 2021 JAIIB Exams to January 2022. The dates for exams for PPB, AFB & LRAB are 08.01.2022, 09.01.2022, and 22.01.2022 respectively.

To check the official notification of Exam dates for JAIIB you can click the link here. IIBF OFFICIAL NOTIFICATION

So, while preparing for the upcoming JAIIB EXAMS you should make use of these Mock tests to get into exam mode. Here, you will also find some previous year’s questions prepared by the Learning Sessions.

IMPORTANT LINKS:

Accounting and Finance for Bankers (AFB)
JAIIB (AFB) Sample Questions for Jan 2022 Get Here
Legal and Regulatory Aspects of Banking (LRAB)
JAIIB (Legal) Sample Questions for Jan 2022 Get Here

 

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Principles & Practices of Banking Module E Pdf

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Accounting and Finance for Banking Module A Pdf

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Accounting and finance for bankers all ePDFs are available in our an app. Get them all at https://iibf.info/app

Accounting and Finance for Banking Module A Pdf

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Accounting and finance for bankers all ePDFs are available in our an app. Get them all at https://iibf.info/app

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