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JAIIB Exam 2025 – PPB Important Questions MCQs Quiz-19

JAIIB Exam 2025 PPB Important Questions MCQs Quiz-19

JAIIB Exam Quiz 2025: The JAIIB exam is scheduled for 2025 by IIBF. Here, we are providing JAIIB PPB MCQ-based quizzes on a regular basis. You can attempt the quizzes regularly to prepare for the upcoming JAIIB exam. The quizzes will be provided module-wise and unit-wise. You can attempt the JAIIB PPB quizzes from the links below and improve your preparation by practicing regularly. These quizzes will help you boost your score in the JAIIB exam and guide you to clear the exam on your first attempt.

1. CPA 2019 applies to all goods and services, excluding ______
A. Goods for resale
B. Goods for commercial purpose
C. Services rendered free of charge
D. All of the above

2. What are the powers of Central Consumer Protection Authority?
A. Power to Conduct Inquiry
B. Power to Order Recall of Goods
C. Power to Order Discontinuing Advertisement
D. All of the above

3. A person aggrieved by any order passed by the Central Authority may file an appeal to the _________ within a period of ____ from the date of receipt of such order.
A. National Commission, 30 days
B. State Commission, 7days
C. District Commission, 90 days
D. Supreme Court, 45 days

4. Any manufacturer or service provider who causes a false or misleading advertisement to be made shall be punished with imprisonment up to ________and with fine up to ______.
A. One year, Rs. 10 lakhs
B. Two years, Rs. 10 lakhs
C. One year, Rs. 20 lakhs
D. Two years, Rs. 20 lakhs

5. District Consumer Disputes Redressal Commission shall have jurisdiction to entertain complaints where the value of the goods or services paid as consideration does not exceed Rs. _________.
A. 1 crore
B. 50 lakhs
C. 2 crores
D. 75 lakhs

6. State Consumer Disputes Redressal Commission comprises president and at least _______.
A. Two members
B. Four members
C. Seven members
D. Ten members

7. A person may appeal against order of National Commission to the _________ within from the date of the order.
A. High Court
B. Supreme Court
C. State Commission
D. None of the above

8. The District/, State/ National Commission shall not admit a complaint unless it is filed within _________ from the date on which the cause of action has arisen.
A. 1 year
B. 2 years
C. 3 years
D. 5 years

9. Appeal should be disposed within _________ from the date of its admission by State/National Commission.
A. 45 days
B. 90 days
C. 120 days
D. 60 days

10. Punishment for failure to comply with any order made by the District/ State/ National Commission is imprisonment for minimum 1 month and maximum, 3 years, or with fine of minimum, Rs.______ and up to Rs. _______or with both.
a) Rs. 15,000 , Rs. 1 lakh
b) Rs. 25,000 , Rs. 2 lakh
c) Rs. 20,000 , Rs. 5 lakh
d) Rs. 50,000 , Rs. 5 lakh

Answer:

Q1: D
Q2: D
Q3: A
Q4: B
Q5: B
Q6: B
Q7: B
Q8: B
Q9: B
Q10: B

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