JAIIB Exam 2025 – RBWM Important Questions MCQs Quiz-18

02/04/2025

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JAIIB Exam 2025 RBWM Important Questions MCQs Quiz-18

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. Electronic Channels in retail banking refers to__________.
(a) ATMs
(b) Internet Banking
(c) Mobile Banking
(d) All the above

2. The facilities available for mobile banking customers are:
a) Facility for using banking facility from anywhere.
b) Easy operations – instructions carried out by self.
c) Option to pay utility bills.
d) Transfer of funds between accounts – same bank and other banks.
e) All the above.

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

4. Integrated Ombudsman include the following concept
(a) One Nation One Ombudsman
(b) Single portal for all the grievances
(c) Integration of all the existing scheme of Ombudsman
(d) All of the above

5. _________ are those ATMs which set up, owned and operated by non-bank entities with no brand of bank displayed.
(a) Brown label ATM
(b)White Label ATM
(c) Green Label ATM
(d) Pink Label ATM

6. ________ are ATM machines that are set up in the premises where there is a bank branch.
(a) Offsite ATM
(b) Onsite ATM
(c) Brown Label ATM
(d)None of the above

7. The permissible free limits for ATM transactions at present are _____ transactions for customer’s own bank ATMs and _____ free transactions from ATMs of other banks in Metro centres.
(a) Three, three
(b) Three, five
(c) Five, three
(d) Five, five

8. For failed ATM transaction, banks have been mandated to resolve customer complaints by re-crediting the customer’s account within a maximum _____ from the date of complaint.
a) T+3 days
b) T+5 days
c) T+4 days
d) T+1 day

9. RBI has set the daily limit for cash withdrawals at Point-of-sale (POS) terminals at _______per card in Tier I and II centers and ______ per card in Tier III and IV centers.
(a) Rs. 1000, Rs. 1000
(b) Rs. 1000, Rs. 2000
(c) Rs. 2000, Rs. 2000
(d) Rs. 5000, Rs. 2000

10. In cases where the loss is due to negligence by a customer, the customer’s liability is ____ until he reports the unauthorised transaction to the bank.
(a) Zero
(b) Full
(c) Half
(d) One-third