IIBF CAIIB RETAIL BANKING RECOLLECTED QUESTIONS 2023

IIBF CAIIB RETAIL BANKING RECOLLECTED QUESTIONS 2023

RETAIL BANKING RECOLLECTED QUESTIONS:- If you are preparing for the upcoming Retail Banking Exam of IIBF, you should not miss out on the memory-recalled questions from the previous Exams of Retail Banking. As surely these questions or topics will help you in the Upcoming Exam of CAIIB Retail Banking 2023. You can also read the updated dates for the CAIIB Retail Banking 2023 Exam here.

Also, take the below questions as practice before you look for the answers to the Retail banking mock as doing so, will give you an idea of how well you have prepared for the CAIIB Elective Exam so far for 2023.

Read Also:- IIBF CAIIB RETAIL BANKING MOCK TESTS 2023

1. 1. What is Sukanya Samridhi Yojana?
   2. What is Atal Pension Yojana?
   3. What is a Basic saving account?
   4. What do you know about Customer Relationship Management?
   5. What does the CIA stand for?
   6. What is IMPS?
   7. What do you mean by future value?
   8. What is BCSBI?
   9. Question on Education loans?
   10. Who gives subsidies on mudra loans?
   11. What is rule 72?
   12. What is an ordinary annuity?
   13. What are the stages of the Product?
   14. What are the limits under Mobile banking?
   15. What is Reliability responsiveness?
   16. What is the full form of ROC?
   17. What is the maximum limit for prepaid instruments & the expiry of prepaid instruments?
   18. Upto what amount Mudra loan can be taken?
   19. What is the amount of rebate under 80C?
   20. The maximum amount of cash that is allowed to withdraw from ATMs?
   21. Under what act, CERSAI is formed?

Read Also:- Retail Banking Short Notes for CAIIB – Part 2

• Questions on: Services of Retail banking 

1. What is a Reverse mortgage?
2. What is Para banking?
3. What is PM Fasal Bima Yojona?
4. What is the Clickthrough rate (CTR)?
5. What is the claim amount after losing one eye or one leg or hand under PMSBY?
6. How is PMEGP implemented?
7. What is POS?
8. What is the size of the Economically Weaker Section (EWS)?
9. What is Reverse Mortgage Loan (RML)?
10. How does CRM help in banking?
11. What does Merchant banking mean?
12. What are closed-ended funds?
13. What is the Annual Percentage Yield?
14. What are the advantages and disadvantages of retail banking?
15. How many NEFT transactions get settled in a day?
16. What is the tax benefit in the case of a Home loan?
17. What is a Credit card cycle?
18. What is the maximum & minimum limit for NEFT/RTGS?
19. What are the basic differences b/w RTGS & NEFT?
20. What are the benefits of Private Banking?
21. How is wealth managed for corporates?
22. What happens when there is default in repayment of Education loan?
23. What are EMIs: Equated Monthly Installments?
24. What is Income tax?
25. How is CRM essential?
26. What is the Bharat bill payment system?
27. What is priority of charge in mortgage?
28. What is a ‘Brown label’ ATM?
29. What is the purpose of securitisation?
30. What are the conditions for pension fund management?
31. What are the conditions required for the bank to provide Mutual Fund services?
32. What are the approval requirements for insurance?
33. What is propagate model?
34. What are the 7Ps of marketing?
35. How many transactions can be done through ATMs in metro cities?
36. What is Internet banking & Mobile banking?
37. How is strategy adopted in Internet Banking?
38. What is Capital gain?
39. How is Annuity calculated?
40. Calculations on FSI
41. What is the full form of CDO?
42. What is the meaning of product?
43. Which business model is used in an Airline company?
44. Who issues RUPAY cards?
45. What is the full form of WRBR?
46. What is the date of execution of documents?
47. What do you mean by Augmented product?
48. What do you mean by Expected product?
49. Under NEFT, what are the maximum no. of settlement on weekdays?
50. What is the minimum and maximum amount of RTGS that can be transferred?
51. What are the disadvantages of Retail banking?
52. What is the maximum amount that can be transacted through Mobile banking and what is the monthly threshold?
53. What is IFSC CODE made up of?
54. What is SFMS?
55. What are the HNI, Super HNI & Ultra HNI categories?
56. Can the CIBIL report be given to the customer after levying some charge or not?
57. Whether moratorium can be given for second-hand cars?
58. What is Moslow’s theory?
59. What is RTGS & how it is processed?
60. What is an Education loan & the minimum margin requirement on college fees, hostel fees, computer fees & other expenses?
61. What are Credit Cards? Case studies on interest, risk & overdue amount?
62. How is urban land valued? What are agriculture land Method criteria?
63. What is a horizontally organized model?
64. What does USP stand for?
65. Case studies on: 
    1. priority charge on mortgage
    2. tax exemptions (both interest and principal repayment)
66. What is the difference between NEFT and RTGS?
67. Questions on: DSA
68. What does securitisation mean?
69. What are the risks involved with DSA?
70. What is the potential product PROPAGATE?
71. How is the calculation of EMIs done?
72. What is the vertical & horizontal model?
73. How many characters are there in UTR?
74. If an overdraft in a CC account is allowed and the customer does not repay it (defaults), then can DRT be approached?
75. What is the priority of charge in a mortgage?
76. Why is securitisation done or what is its purpose?
77. What are the conditions for pension fund management?

You might also be interested in how should you prepare CAIIB ABM Paper.

WANT TO COVER THE ABOVE RETAIL BANKING QUESTIONS IN LESS TIME?

Try out our Crash Course Videos 2023. They cover the above questions in less time & money than you can imagine. The questions along with the related concepts are together taught by the expert CAIIB in-house team of Learning Sessions. You can take up the question videos that will clear your retail banking concepts & case studies in less than 24 hours.

To access click here.

You can check other articles on Retail Banking right here: