We have provided the JAIIB AFM MCQs 2025 Module A for Accounting & Financial Management of Banking Paper. Go through the article for JAIIB AFM Exam MCQs.
Priyanka Dahima9 May, 2026
JAIIB AFM Important Questions Module A MCQs: JAIIB stands for Junior Associate of the Indian Institute of Bankers, one of the flagships. It is a survey conducted twice a year by IIBF (Indian Institute of Banking and Finance). The main objective of the JAIIB exam is to provide IIBF members with the advanced knowledge needed to make better decisions, including risk management, asset management, credit management, international banking, balance sheet management, financial analysis, etc. For banking professionals, we have provided JAIIB AFM MCQs 2025 Module A Questions.
JAIIB AFM MCQs 2025
Each JAIIB paper is divided into four modules and candidates have to clear each module to crack the exam. Practice active learning techniques like attempting JAIIB AFM MCQs 2025 Exam Module A. Remember to follow the study plan and prepare concepts in the first semester so that the next semester can be spent in rigorous practice. Check JAIIB AFM Module A Exam Questions 2025 for your exam preparation.
JAIIB AFM MCQs 2025 Module A Questions
JAIIB’s Accounting & Financial Management questions enable candidates to practice extensively, strengthen their conceptual understanding and build confidence. The JAIIB Accounting & Financial Management of Banking Paper exam consists of 100 questions and each question is carrying 1 mark. JAIIB AFM exam duration is 1 hour and there is no negative marking for incorrect responses. Check out the JAIIB AFM Module A Questions 2025 prepared by our experts.
JAIIB AFM MCQs 2025 Module A Questions
JAIIB’s Accounting & Financial Management questions enable candidates to practice extensively, strengthen their conceptual understanding and build confidence. The JAIIB Accounting & Financial Management Paper exam consists of 100 questions and each question is carrying 1 mark. JAIIB AFM exam duration is 1 hour and there is no negative marking for incorrect responses. Check out the JAIIB AFM Module A Questions 2025 prepared by our experts.
Q1. Which of the following is/are the objectives of Accounting
I) Systematic recording of transactionsII) Ascertainment of results of above recorded transactionsIII) Ascertainment of the financial position of the businessIV) Providing information to the users for rational decision makingA. I, III & IVB. I & III OnlyC. II & IV OnlyD. All I, II, III and IV Ans: D. All I, II, III and IV
Q2. According to the definitions of accounting given by the Committee on Terminology set up by the American Institute of Certified Public Accountants, what are the three key activities involved in accounting?
A. Recording, analyzing and interpretingB. Identifying, interpreting, and summarizingC. Analyzing, recording and summarizingD. Recording, classifying and summarizing Ans: D. Recording, classifying and summarizing
Q3. __________ is a fundamental principle of accounting that is based on the idea that the busine4ss or organization is separate from its owners or stakeholders.
A. Entity ConceptB. Money Measurement ConceptC. Accrual conceptD. Cost Concept Ans: A. Entity Concept
Q4. A _________ is a book or electronic register that contains a complete record of all financial transactions of a company or organization. It serves as the principal accounting record that contains individual accounts for each asset, liability, equity, revenue and expense.
A. JournalB. LedgerC. Trail BalanceD. Trading Account Ans: B. Ledger
Q5. Which of the following Accounting Standards is related to Cash Flow Statement?
A. AS 2B. AS 3C. AS 4D. AS 5 Ans: B. AS 3
Q6. Which of the following principles of accounting states that there should be uniformity in the accounting processes and policies?
A. Going ConcernB. Cost ConceptC. Entity ConceptD. Consistency Concept Ans: D. Consistency Concept
Q7. Which of the following principles of accounting states that the entity remains in operation sufficiently long to carry out its objects and plans?
A. Going ConcernB. Cost ConceptC. Entity ConceptD. Consistency Concept Ans: A. Going Concern
Q8. Which of the following principles states that Capital contributed by the owner is liability for business?
A. Cost ConceptsB. Money Measure ConceptsC. Realisation ConceptD. Business Entity Concept Ans: D. Business Entity Concept
Q9. Due to which concept, accounting does not record non-financial transactions?
A. Going Concern ConceptsB. Money Measure ConceptsC. Accrual ConceptD. Cost Concept Ans: B. Money Measure Concepts
Q10. Amount withdrawn by proprietor in business should be credited to _________.
A. Proprietors accountB. Drawings accountC. Capital accountD. Asset account Ans: B. Drawings account
Q11. Which accounting principle states that Every transaction has double effect, one is debit and another one is credit?
A. Dual Aspect ConceptB. Business Entity ConceptC. Periodicity AssumptionD. Going Concern Concept Ans: A. Dual Aspect Concept
Q12. The accounting treatment for property, Plant & Equipment's (PPE) comes under ______________
A. Accounting Standard 5B. Accounting Standard 10C. Accounting Standard 15D. Accounting Standard 20 Ans: B. Accounting Standard 10
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JAIIB AFM Important Questions Module A MCQs FAQs
Q1. Where can I get the JAIIB AFM MCQs 2025 for Module A?
Ans. You can get the JAIIB AFM MCQs 2025 for Module A at our PW Blogs.
Q2. How many papers are there in JAIIB Exam?
Ans. The JAIIB Exam, candidates’ knowledge is examined for the four compulsory papers: Indian Economy & Indian Financial System(IE & IFS), Principles & Practices of Banking(PPB), Accounting & Financial Management for Bankers(AFM), and Retail Banking and Wealth Management (RBWM).
Q3. Is it necessary to practice JAIIB AFM MCQs 2025?
Ans. Yes, it is necessary to practice JAIIB AFM MCQs 2025 for better understanding of exam pattern.
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