PPB 50 most important questions for JAIIB 2024 - Motivational Banker

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Questions –

1. What is the main function of the AML Team?

Question 1 of 50

2. What is required of banks and financial institutions under the Income Tax Rules in response to FATCA and CRS?

Question 2 of 50

3. What are the acceptable address proofs for CDD for individuals?

Question 3 of 50

4. What is Video based Customer Identification Process (V-CIP)?

Question 4 of 50

5. What is the main purpose of banks' customer acceptance policy?

Question 5 of 50

6. What should be done to ensure the consistency of a blind person's signature in their bank account?

Question 6 of 50

7. What is the rule for operations in case of a dispute among partners?

Question 7 of 50

8. What must entities with a transaction value of ?50 crore and above undertake in order to harness the benefits of LEI?

Question 8 of 50

9. What are the two broad categories of deposit products offered by banks?

Question 9 of 50

10. Which of the following statement is not acceptable in the cheque collection policy of a bank?

Question 10 of 50

11. What is the definition of set-off?

Question 11 of 50

12. What is the Indo-Nepal Remittance Facility Scheme?

Question 12 of 50

13. Who is the target group for the Indo-Nepal Remittance Facility Scheme?

Question 13 of 50

14. What is the minimum and maximum tenor of FCNR(B) deposits?

Question 14 of 50

15. What are the permitted credits for RFC Account?

Question 15 of 50

16. What has been the impact of deregulation and new technology on banks?

Question 16 of 50

17. What is the contractual obligation of a banker towards a customer's cheque?

Question 17 of 50

18. What is a punishable offence under the NI Act?

Question 18 of 50

19. What is a portfolio in the context of portfolio management?

Question 19 of 50

20. What is the objective of 'Project Financial Literacy'?

Question 20 of 50

21. What is the penalty for non-replenishment of ATMs for more than ten hours in a month?

Question 21 of 50

22. Which of the following is not a key commitment under the BCBI Code of Bank's Commitment to Customers?

Question 22 of 50

23. Who needs to appoint a Principal Nodal Officer under the Ombudsman Scheme?

Question 23 of 50

24. What is the purpose of the Consumer Protection Act, 1986?

Question 24 of 50

25. What is the exemption available to banks under the Right to Information Act, 2005?

Question 25 of 50

26. Why do bankers agree on the method of appropriation?

Question 26 of 50

27. Which of the following is prohibited according to the RBI guidelines on recovery agents engaged by banks?

Question 27 of 50

28. What is the purpose of engaging recovery agents by banks?

Question 28 of 50

29. Which sections of the Indian Contract Act lay down the laws of indemnity and the rights of indemnity holder?

Question 29 of 50

30. What is the liability of the guarantor as per Section 128 of the Indian Contract Act, 1872?

Question 30 of 50

31. What is UCPDC 600?

Question 31 of 50

32. What is the focus of the revised PSL guidelines?

Question 32 of 50

33. Which agency acts as the Nodal Agency of the Government of India for the Minimum Support Price (MSP) Scheme?

Question 33 of 50

34. What prudential norms are NBFC-MFIs subject to?

Question 34 of 50

35. Under NRLM, a women SHG is entitled for

Question 35 of 50

36. What is a Self-Help Group (SHG)?

Question 36 of 50

37. What is the impact of integrating CBS with alternative delivery channels on the banking industry?

Question 37 of 50

38. Which type of transactions passes through multifactor authentication?

Question 38 of 50

39. What is the advantage of unmanned self-help services in banks?

Question 39 of 50

40. The multiplexer is used to_____________.

Question 40 of 50

41. What is Gem Portal?

Question 41 of 50

42. Which of the following is associated with Distributed Ledger technology?

Question 42 of 50

43. The universal set of standards for EDI is known as__________

Question 43 of 50

44. The phases of disaster recovery planning do not include:

Question 44 of 50

45. What should Cyber Security Operations Centre do to effectively monitor cyber security?

Question 45 of 50

46. What is the most valuable virtue for a professional?

Question 46 of 50

47. Which one of the following statements is true?

Question 47 of 50

48. Why is it important to have a framework for ethical decision making in an organization?

Question 48 of 50

49. Which organization is responsible for the whistle-blower policy in public sector banks and RBI?

Question 49 of 50

50. Why is ethical conduct important for the IT team in a bank or financial institution?

Question 50 of 50


 

Preparation Strategy:

1. Prioritize Modules:

  • Start with Module A: It provides a foundational understanding of general banking operations, which is crucial for the subsequent modules.
  • Proceed to Module B: This module covers the essential functions of banks and their operational aspects.
  • Then move to Module C: Understanding banking technology is vital for modern banking practices.
  • Finally, cover Module D: This module focuses on ethics, which is important but generally has fewer complex topics.

2. Cover Important Topics:

  • Focus on high-weightage topics from each module.
  • Divide the topics into manageable chunks and allocate time accordingly.
  • Set realistic deadlines for completing each module.

3. Practice Consistently with Mock Tests and Previous Year Questions (PYQs):

  • Assess your understanding and identify areas for improvement.
  • Tailor your study plan to focus on weak areas while maintaining proficiency in strong subjects.
  • Use mock tests to practice time management and familiarize yourself with the exam format.

4. Detailed PDF Notes:

  • Obtain high-quality, detailed PDF notes for quick revision before the exam. These notes should cover all important concepts and formulas.

5. Extensive Question Practice:

  • Prepare with more than 250 questions per paper to ensure a thorough understanding of the topics and to build confidence in tackling various question types.

6. Use Reliable Resources:

  • Consider using resources which cover all topics in detail. MacMillan books although are great, might be too heavy for beginners. Find good video courses which provide maximum value in less time.

7. Consistent Revision:

  • Regularly revisit key concepts and important topics to reinforce your understanding and retention.
  • Maintain a separate notebook for formulas and procedures for easy reference during revisions.

8. General Tips:

  • Limit distractions such as social media and frequent phone checks to ensure focused study sessions.
  • Structure your study plan to align with your daily routine, dedicating extended study periods on weekends if needed.

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To get All topics video lectures, PDF notes and 1000+ questions for all subjects of JAIIB, get your JAIIB 2024 preparation kit here-

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    JAIIB 2024: Video Lectures + PDF Notes + Mock tests + Revision live classes

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    JAIIB 6 months COMBO KIT

    Validity – 6 months from date of purchase

    JAIIB 2024: Video Lectures + PDF Notes + Mock tests + Revision live classes

    Language of course – Bilingual (English text and Simple…

    Original price was: ₹6,499.00.Current price is: ₹2,599.00. Add to cart

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