CAIIB BRBL MCQs, Module C Questions

CAIIB BRBL MCQs 2025: The Indian Institute of Banking and Finance (IIBF) conducts the CAIIB exam twice a year. CAIIB is a leading professional certificate course for bankers with JAIIB Certificate that provides financial benefits and also improves their banking skills. The Banking Regulations and Business Laws (BRBL) paper focuses on the legal and regulatory framework that governs banking operations. CAIIB Exam Date 2025 for both sessions June Session has been released on the IIBF official website @www.iibf.org.in. The CAIIB BRBL 2025 Paper will be held on 28th June 2025 and below we have discussed the CAIIB BRBL MCQs for Module A.

CAIIB BRBL MCQs 2025

CAIIB BRBL MCQs 2025 Module C

Q2. Under the Integrated Ombudsman Scheme 2021, which of the following is a new feature introduced to enhance the efficiency of the grievance redressal process?

a. Appointment of more ombudsman

b. Increased Monetary jurisdiction of Ombudsmen

c. Centralized receipt and initial processing of complaints

d. Introduction of digital hearings. Ans: c. Centralized receipt and initial processing of complaints

Q3. The Integrated Ombudsman Scheme 2021 allows the Ombudsman to issue awards. What is the time frame within which banks must implement the Ombudsman's award?

a. 15 days

b. 30 days

c. 45 days

d. 60 days Ans: a. 15 days

Q4. The maximum compensation which a Banking Ombudsman can award to the complainant in the case of Loss of his time, expense harassment and mental anguis.

a. 10 Lakh

b. 20 Lakh

c. 1 Lakh

d. 5 Lakh Ans: c. 1 Lakh

Q5. As per new definition of MSME, investment in plant and machinery or equipment does not exceed for a micro enterprise.

a. Rs. 50 Lakh

b. Rs. 1 Crore

c. Rs. 5 Crore

d. Rs. 10 Crore Ans: b. Rs. 1 Crore

Q6. Consider the following statements regard NBMSME and select the correct statement.

I. The National Board for Micro, small and medium enterprises (NBMSMSE) is defined in section 3 and appointed by Central government.

II. It consists of 47 members including chairman, vice chairman and member secretary.

III. Of the 47 members- 18 are Ex-officio members and the rest of the 29 mebers - have a tenure of members is for 2 years from the deta of notification.

a. Only I and III

b. Only II and III

c. Only I and III

d. All I, II and III Ans: 

Q7. Under SARFAESI Act an originator is the ___________

 a. Bank/Financial Institutions

b. Borrower

c. Asset Reconstruction Company

d. Person responsible for repayment the debt Ans: a. Bank/Financial Institutions

Q8. When any bank or financial institution obtains a charge against property, with which authority will the transaction have to be registered under the SARFAESI Act, 2002?

a. With the Central Registry

b. With the Registrar of Assurances within whose jurisdiction the property lies.

c. With the ROC

d. With the Reserve Bank of India Ans: a. With the Central Registry

Q9. As per the laws existing today, the mortgaged security cannot be sold without a Court intervention. Is this correct?

a. Yes, Court intervention is required as per the provisions of the Transfer of Properties Act

b. No, SARFAESI Act, 2002 has now made enabling provisions.

c. Yes. since the Contract Act has made no provisions about any Court intervention.

d. No, due to the recent amendments in the Transfer of Property Act no court intervention is required. Ans: b. No, SARFAESI Act, 2002 has now made enabling provisions.

Q10. Under which section of Recovery of Debts and Bankruptcy Act, 1993, is the establishment of the Debt Recovery Tribunal (DRT) manadated?

a. Section 2

b. Section 3

c. Section 4

d. Section 5 Ans: b. Section 3

Q11. The Recovery of Debts and Bankruptcy Act, 1993, allows the Debt Recovery Tribunal (DR) to execrise which of the following powers?

a. Summoning and enforcing the attendance of any person.

b. Requiring the discovery and production of documents.

c. Reviewing its decisions

d. All of the above Ans: d. All of the above

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