JAIIB Exam 2025 – RBWM Important Questions MCQs Quiz-23

15/04/2025

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JAIIB Exam 2025 RBWM Important Questions MCQs Quiz-23

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. A professional service provided by wealth managers includes_________
(a) Investment Planning
(b) Tax Planning
(c) Retirement Planning
(d) All of above

2. As per provisions of Income TaxAct, 1961, any long term capital gains arising from transfer of any capital asset would be exempt from tax under section 54EC of the Act if, the entire capital gain realized is invested within _________ months of the date of transfer in eligible bonds.
(a) 6 months
(b) 9 months
(c) 1 year
(d) 3 year

3. A perpetual bond is a financial instrument with _________
(a) 3 years maturity date
(b) 5 years maturity date
(c) 10 years maturity date
(d) No maturity

4. Out of the followings, which type of asset management is not followed by Wealth Management?
(a) Asset Allocation Management
(b) Concentrated Management
(c) Diversified Management
(d) Tactical Management

5. Wealth Management process involves which of the steps?
a) Assessing the current financial situation of the client.
b) Identifying financial goals.
c) Designing a customized solution to achieve the goals.
d) Implementing the financial strategies into the plan
e) All of the above

6. Which is non-traditional asset with potential economic value?
a) Art and Antiques
b) Precious Metals
c) Fine Wines
d) All of the above

7. _____ bonds give the investor merely the right, and not an obligation, to convert them into equity shares of the issuing company upon maturity.
a) Regular convertible bond
b) mandatory convertible bond
c) reverse convertible bond
d) Zero coupon bond

8. _____ bonds are focused on generating funds for specified projects and the repayment and interest issued to bondholders are processed via revenue explicitly generated via the projects declared in the bonds.
(a) General obligation bond
(b) Revenue bond
(c) Retail bond
(d) None of the above

9. ______ funds allow person to invest with some lock-in period, mostly within 1 to 3 years; before that one cannot redeem the fund.
a) Open ended fund
b) Close ended fund
c) Semi-open fund
d) None of the above

10. ELSS funds are also called tax saving schemes since they offer tax exemption of up to Rs. ______ from your annual taxable income under Section ______ of the Income Tax Act.
a) Rs. 1 lakh, Sec 81E
b) Rs. 1.5 lakh, Sec 80C
c) Rs. 2 lakh, Sec 80D
d) Rs. 5 lakh, Sec 81E