JAIIB Exam 2025 – RBWM Important Questions MCQs Quiz-12

13/03/2025

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JAIIB Exam 2025 RBWM Important Questions MCQs Quiz-12

JAIIB Exam Quiz 2025: The JAIIB exam is scheduled for 2025 by IIBF. Here, we are providing JAIIB RBWM 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. _________is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications.
a) INFINET
b) SFMS
c) NEFT
d) NFS

2. The Indian Financial Technology and Allied Services (IFTAS) has been acquired by _______
a) Institute for Development and Research in Banking Technology (IDRBT)
b) Indian Institute of Banking and Finance (IIBF)
c) Reserve Bank of India
d) Ministry of Finance, Govt. of India

3. The technology models adopted by banks are _______
(a) Fully outsourced model
(b) Partially outsourced model
(c) In house model
(d) Anyone of the above

4. Which statement is incorrect?
a) A standardized Key Fact Statement (KFS) must be provided to the borrower before executing the loan contract.
b) All-inclusive cost of digital loans in the form of Annual Percentage Rate (APR) is required to be disclosed to the borrowers.
c) Automatic increase in credit limit without explicit consent of borrower is allowed
d) Any fees, charges, etc., payable to the LSPs in the credit intermediation process shall be paid directly by RE and not by the borrower.

5. A pool of equipment including servers, storage systems, network, data centres, etc., provided as a service to the customers where providers can handle customers’ application workloads is called ________
a) SaaS
b) PaaS
c) IaaS
d) None of the above

6. In _______, a computing environment is provided as a service to the customers to build their own applications that run on the provider’s infrastructure.
a) SaaS
b) PaaS
c) IaaS
d) None of the above

7. _______a closed user group network is nationwide communication backbone for banking and financial sectors.
a) INFINET
b) SFMS
c) ECS
d) NFS

8. In _______, individual process platform supports one product only. The sub data in the model are not shared with other products and product platform.
a) Vertically Organised Model
b) Horizontally Organised Model
c) Pre dominantly Horizontally Organised Model
d) Pre dominantly Vertically Organised Model

9. What are the functions of CRM?
a) It helps to perform customer analytics with the help of insightful business reports and rigorous statistical models.
b) It captures all banking activities performed by banks and categorizes the same based on location, customer profile, nature of query
c) Both the above
d) None of the above

10. What are the advantages of Customer Analytics?
a) Enhanced customer value
b) Enhanced conversion and retention rates
c) Reduced costs
d) All of the above