JAIIB PPB Important Questions Module B MCQs
Priyanka Dahima22 Aug, 2024
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JAIIB PPB Important Questions Module B MCQs : The Indian Institute of Banking and Finance or IIBF conducts the JAIIB exam twice a year. The Junior Associate for Indian Institute of Banking or JAIIB exam is the first promotional exam for banking professionals. Principles and Practices of Banking is the second paper out of four papers for the JAIIB exam 2024. To prepare well for the exam one must know the exam pattern and types of questions asked. For the banking professionals we have provided the JAIIB PPB Important Questions Module B MCQs.
JAIIB PPB Module B MCQs 2024
Paper 2 of JAIIB is Principles and Practices of Banking. The paper consists of a total of 4 modules and these are General Banking Operations, Functions of Banks, Banking Technology and Ethics in Banks and Financial Institutions. As you know the JAIIB Exam paper consists of 100 questions for a total of 100 marks. The paper is of a 2-hour duration. There is no negative marking and candidates require a minimum of 50 marks out of 100 to clear the paper. Check JAIIB PPB Module B Exam Questions 2024 for your exam preparation.JAIIB PPB Important Questions Module A MCQs
JAIIB PPB Important Questions Module C MCQs
JAIIB PPB MCQs 2024 Module B Questions
It is a certification that helps banking professionals get promoted. This JAIIB PPB exam is specifically designed to improve the knowledge and skills of junior-level banking professionals. The exam will be conducted at the National level by the Indian Institute of Banking and Finance (IIBF). The bankers looking forward for appearing in the JAIIB Exam this year must be aware of the updated JAIIB Syllabus. Check out the JAIIB PPB Module B Questions 2024 prepared by our PW experts.Q1. What is the primary purpose of the minimum support price (MSP) Scheme?
a. To regulate the prices of agricultural machinery and equipment. b. To assure farmers their procedure will be bought at a minimum set price, preventing distress sale. c. To provide financial support directly to farmers during the planting season. d. To subsidize irrigation and fertilizer costs for farmers. Ans: b. To assure farmers their procedure will be bought at a minimum set price, preventing distress sale.Q2. DAY - NRLM (Deendayal Antyodaya Yojana National Rural Livelihood Mission) is launched/initiated by which ministry?
a. Ministry of Micro Small and Medium Enterprises. b. Ministry of Agriculture. c. Ministry of Rural Development d. Ministry of Finance with Ministry of Rural Development. Ans: c. Ministry of Rural DevelopmentQ3. In DAY- NRLM Scheme, What is the minimum and maximum revolving fund that is given as financial assistance?
a. Minimum 15000, Maximum 30000 b. Minimum 15000, Maximum 50000 c. Minimum 20000, Maximum 30000 d. Minimum 10000, Maximum 15000 Ans: c. Minimum 20000, Maximum 30000Q4. The benefits of Pradhan Mantri Jan Dhan Yojana are:
a. No Minimum balance required b. RuPay Debit Card provided c. Accident Insurance cover of Rs. 1 Lakh (Rs. 2 lakh to accounts opened after 28.08.2018) available with RuPay Card. d. Life Insurance cover of Rs. 30,000/- of the account holder e. Beneficiaries of Government schemes get DBT f. All of the above. Ans: f. All of the above.Q5. MUDRA has 3 schemes for providing assistance at different stages, which is not correct regarding MUDRA scheme?
a. Shishu: Covering loans upto Rs. 50,000/- b. Kishor: Covering loans above Rs. 50,000/- and upto Rs. 5 Lakh c. Tarun: Covering loans above Rs. 5 Lakh to Rs. 10 Lakh. d. The loan is provided for consumption/personal needs Ans: c. Tarun: Covering loans above Rs. 5 Lakh to Rs. 10 Lakh.Q6. Why is diversification considered an important principle in lending?
a. Because it allows banks to focus on only one profitable sector. b. To ensure that the bank is not exposed to risks associated with a single borrower/sector. c. Because it simplifies the loan approval process. d. Because it makes the bank more attractive to investors. Ans: b. To ensure that the bank is not exposed to risks associated with a single borrower/sector.Q7. Which of the following is NOT a requirement when submitting an application for registration of a firm to the Registrar of Firms?
a. Names of any other place where the firm carries on business. b. The net profit or loss of the firm in the previous fiscal year. c. Names in full and permanent addresses of the partners. d. Duration of the firm-length of time for which the firm wants/propose to conduct the business. Ans: d. Duration of the firm-length of time for which the firm wants/propose to conduct the business.Q8. Why is it advisable for banks to perform a Customer Profitability Analysis (CPA)?
a. To identify the best customers for promotional offers. b. To determine the risk associated with lending to a particular borrower. c. To understand the overall profitability from all businesses of a customer d. To decide on the geographical expansion of the bank. Ans: c. To understand the overall profitability from all businesses of a customerQ9. What will be the total priority sector lending target for Primary Urban Co-operative Bank (UCB) as a percentage of ANBC?
a. 40% of ANBC b. 60% of ANBC c. 75% of ANBC d. 50% of ANBC Ans: c. 75% of ANBCQ10. What is NOT a principal business activity of a Non-Banking Financial Company (NBFC)?
a. Leasing and hire-purchase b. Insurance business c. Agricultural activity d. Acquisition of government securities Ans: c. Agricultural activity https://www.youtube.com/watch?v=FZKmr-0XMbI .JAIIB PPB MCQs 2024<span style=
Q1. Where can I get the JAIIB PPB MCQs 2024 for Module B?
Q2. Is it necessary to practice JAIIB PPB MCQs 2024?
Q3. How many modules are there in JAIIB PPB Paper?
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