JAIIB Exam 2025 – PPB Important Questions MCQs Quiz-2

09/01/2025

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JAIIB Exam 2025 PPB Important Questions MCQs Quiz-2

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. In _______ stage of money laundering, the funds from criminal activity are introduced into the financial system.
A. Layering
B. Placement
C. Integration
D. Swapping

2. In _____ stage in money laundering in which funds are passed through numerous financial transactions in the accounts.
A. Layering
B. Placement
C. Integration
D. Swapping

3. In _______ stage of money laundering, funds lying in multiple accounts are collected and then deployed for investing in some legal business activity
A. Placement
B. Integration
C. Swapping
D. Layering

4. Which of the following below are the objectives of Prevention of Money Laundering Act?
A. To prevent criminal elements from using the financial system for money laundering activities.
B. To safeguard the economy from financial crimes.
C. To prevent terrorists from gaining access to financial resources.
D. All of the above

5. __________ has been set up for collecting, analyzing and disseminating information about suspicious financial transactions
A. Enforcement Directorate
B. FIU-IND
C. Special Courts
D. Regulators

6. _________ is the investigation and prosecuting authority for money laundering crime.
A. Enforcement Directorate
B. FIU-IND
C. Special Courts
D. Regulators

7. What is the term of imprisonment for money laundering offence?
A. 2-5 years
B. 3-12 years
C. 4-8 years
D. 3-7 years

8. Review of risk categorisation of customers is carried out at least every ______
A. 3 months
B. 6 months
C. 12 months
D. 18 months

9. _________ is tax information reporting regime, which requires Financial Institutions to identify their U.S. accounts through and report them periodically to the U.S. Internal Revenue Service (IRS).
A. CRS
B. FATCA
C. GAAP
D. FIU-US

10. Bank has to submit Cash Transaction Report for cash transactions of more than Rs.______ or equivalent to FIU-IND.
A.5 lakhs
B.8 lakhs
C.10 lakhs
D.20 lakhs

11. Banks are required to report to FIU-IND any suspicious transaction noticed by them, within ______ of establishing suspicion.
A.5 days
B.7 days
C.14 days
D.1 month

12. Bank to advise _____ in case if any match is found with any of the listed restricted individuals/entities.
A.US Govt.
B.UNSC
C.FATF
D.FIU-IND