JAIIB Crash Course May 2025 RBWM Quiz-1

15/05/2025

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JAIIB Marathon May 2025 RBWM Quiz-2

JAIIB CAIIB Course Quiz – May 2025: The JAIIB exam for May 2025, conducted by IIBF, is fast approaching. To support your preparation, we are providing regular MCQ-based quizzes specifically designed for the JAIIB CAIIB syllabus. These quizzes are structured module-wise and unit-wise to help you cover the entire syllabus systematically. Practicing these quizzes consistently will strengthen your concepts, improve accuracy, and increase your chances of clearing the exam on your first attempt.

1. Limit on contactless card for making payment without entering PIN is ______.
a)Rs. 5000
b)Rs. 10,000
c)Rs. 20,000
d)Rs. 25,000

2. How many parties are involved in NEFT transaction – process flow?
a)Two
b)Three
c)Four
d)five

3. Indo-Nepal Remittance facility scheme works on which system?
(a)NEFT
(b)RTGS
(c)IMPS
(d)UPI

4. Which of the following needs fall within the classification of Maslow’s Hierarchy of Needs?
(i)Physiological Needs
(ii)Safety Needs
(iii)Social Needs
(iv)Urgent Needs
(a)(i), & (ii) only (b) (ii) & (iv) only (c) (i), (ii) & (iii) only (d) (i), (ii), (iii) & (iv) above

5. If Company Y has ₹1,00,00,000/- in sales and a COGS of ₹60,00,000, calculate Gross Profit margin ratio.
(a)20%
(b)30%
(c)40%
(d)60%

6. The traditional measures of the profitability of a business are primarily its ________ and _________.
a)Return on Assets and Return on Equity (ROE)
b)Return on Investment and Return on Assets
c)Return on Equity and Net Profit
d)Gross Profit and Net Profit

7. Loan to Value Ratio is stipulated to be maximum _______ for home loans upto Rs. 30 lakhs.
(a)95%
(b)90%
(c)80%
(d)75%

8. In case of education loan above ______ , parent(s) to be joint borrower(s) & Tangible collateral security acceptable to the bank is provided in case loan is eligible for Credit Guarantee coverage.
a)Rs. 2.5 lakhs
b)Rs. 4 lakhs
c)Rs. 7.5 lakhs
d)Rs. 10 lakhs

9. What is maximum loan amount eligible for subsidy in PM Awaas Yojna for MIG – 1?
(a)Rs. 6 lakhs
(b)Rs 9 lakhs
(c)Rs 12 lakhs
(d)Rs 10 lakhs

10. What is maximum loan tenure eligible for subsidy in PM Awaas Yojna?
(a)10 years
(b)15 years
(c)20 years
(d)25 years

11. Which of the following stage is not a part of customer life cycle for the purpose of customer analytics?
a)Acquisition
b)Development
c)Retention
d)Termination

12. Advances under SMA category attracts provision of ______ in case of secured advance.
(a)25%
(b)40%
(c)15%
(d)100%

13. As per extant RBI guidelines, if any complaint lodged by the borrower is not resolved by the RE in ________he/she can lodge a complaint under the Reserve Bank – Integrated Ombudsman Scheme.
a)20 days
b)25 days
c)30 days
d)40 days

14 The minimum ticket size for issuance of securitization notes shall be _________.
a)₹ 25 Lakhs
b)₹ 50 Lakhs
c)₹ 1 crore
d)₹ 5 crores

15. _______ helps an individual securely and digitally access and share information from one financial institution, they have an account with to any other regulated financial institution in the network.
a)Ombudsman
b)NBFC-Factors
c)Account Aggregators
d)API

16. In case the locker was hired jointly with the instructions to operate it under joint signatures, and the locker hirer(s) nominates person(s), in the event of death of any of the locker hirers, the bank give access of the locker and the liberty to remove the contents to ________
a)jointly to the survivor(s) and the nominee(s)
b)Only to survivor(s)
c)Only to nominee(s)
d)Any one of the above

17. Any person, if aggrieved by any order made by the DRT, can prefer an appeal to the Appellate Tribunal within ________from the date of receipt of the order of DRT upon depositing ________of the debt demanded by the bank or determined by the DRT whichever is less.
a)30 days, 20%
b)30 days, 50%
c)15 days, 25%
d)45 days, 20%

18. SARFAESI Act can be initiated in case of multiple lenders/consortium advances, ensure lenders having a minimum of _______ of dues outstanding are agreeable for initiating action under SARFAESI Act 2002.
a)25%
b)50%
c)60%
d)75%

19 SARFAESI Act can be initiated only if the loan outstanding in the account including the interest accrued/applied should be more than ______
a)Rs. 50,000
b)Rs. 25,000
c)Rs. 2,00,000
d)Rs. 1,00,000

20. Once, the account is classified as NPA, the Act empowers the Secured Creditor to issue a Demand Notice under _________to the defaulting borrowers/guarantors calling upon them to discharge the dues in full within _______ from the date of receipt of the notice.
(a)Section 13(2), 60 days
(b)Section 13(4), 30 days
(c)Section 23(2), 90 days
(d)Section 23(4), 60 days

21. What is moratorium period in case of vehicle loan?
(a)1 month
(b)2 months
(c)NIL
(d)3 months

22. The moratorium in case of construction of home is ______after the first disbursement of the loan or _______after completion of construction whichever falls first.
a)12 months, 1 year
b)18 months, 2 years
c)15 months, 5 years
d)12 months, 3 years

23. Which of the following payment apps works without internet facility?
(a)Mobile banking app
(b)UPI App
(c)UPI 123PAY
(d)Mobile wallets

24 The minimum investment is governed by SEBI has mandated that one must have a minimum corpus of INR __________to start investing with PMS.
a)25 lakhs
b)50 lakhs
c)1 crore
d)15 lakhs

25. Credit score values range from _______
a)300 to 900
b)100 to 700
c)500 to 1000
d)300 to 600

26. If the NEFT transaction is not credited or returned within two hours after batch settlement, then the bank is liable to pay penal interest to the affected customer at the current _______for the period of delay / till the date of credit or refund.
(a)Repo Rate + 2%
(b)MSF Rate + 1%
(c)SDF Rate + 2%
(d)Reverse Repo Rate + 1%

27. The Reserve Bank of India has increased the maximum amount outstanding in respect of full-KYC PPIs (KYC-compliant PPIs) from Rs. _______to Rs. ________.
a)Rs. 50k to Rs. 1 lac
b)Rs. 1 lac to Rs. 2 lac
c)Rs. 1 to Rs. 1.5 lac
d)Rs. 2 to Rs. 5 lac

28. Aggregate amount of all deposits repayable together with interest to be paid on such deposits is_____ or more, the repayment should be made by crediting the account of such depositor.
a)Rs. 10,000
b)Rs. 15000
c)Rs. 20,000
d)Rs. 25,000

29. TDS is to be deducted in cases where the total interest paid or credited on all time deposits in the name of a depositor, whether singly or jointly (as first named person) exceeds _________in a financial year in case of Senior Citizen and _______ in case of depositors of age below 60 years.
a)Rs. 50k, Rs. 40k
b)Rs. 60k, Rs. 50k
c)Rs. 40k, Rs. 50k
d)Rs. 55k, Rs. 45k

30. If a fixed deposit is matured, but the proceeds are not renewed and remain unpaid and unclaimed with the bank, then the amount which is not claimed will attract the rate of interest that is_________.
a)Lower of saving account interest rate or contracted rate of interest on matured FD
b)higher of saving account interest rate or contracted rate of interest on matured FD
c)Lower of recurring account interest rate or contracted rate of interest on matured FD
d)higher of recurring account interest rate or contracted rate of interest on matured FD

Answer:

Q1: A
Q2: D
Q3: A
Q4: C
Q5: C
Q6: A
Q7: B
Q8: C
Q9: B
Q10: C
Q11: D
Q12: C
Q13: C
Q14: C
Q15: C
Q16: A
Q17: B
Q18: C
Q19: D
Q20: A
Q21: C
Q22: B
Q23: C
Q24: B
Q25: A
Q26: A
Q27: B
Q28: C
Q29: A
Q30: A