JAIIB Exam 2025 – RBWM Important Questions MCQs Quiz-6

20/02/2025

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JAIIB Exam 2025 RBWM Important Questions MCQs Quiz-6

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. Which of the following is the correct sequence of Product Life Cycle?
a) Introduction, Maturity, Growth, Saturation, Decline
b) Introduction, Growth, Saturation, Maturity, Decline
c) Growth, Maturity, Introduction, Saturation, Decline
d) Introduction, Growth, Maturity, Saturation, Decline

2. The number of deposits that can be made in a month is ______ in BSBD account and holders will be allowed a maximum of ________ withdrawals in a month, including ATM withdrawals.
a) Five, five
b) Four, four
c) Unlimited, four
d) Three, three

3. The balance at any point of time does not exceed Rs.________ in small account.
(a) 10,000
(b) 50,000
(c) 25,000
(d) 1,00,000

4. Small accounts are valid for a period of _____initially which may be extended by another _________if the person provides proof of having applied for an Officially Valid Document.
(a) 6 months, 6 months
(b) 12 months, 12 months
(c) 3 years, 1 year
(d) 5 years, 12 months

5. Which is not one of the elements in KYC policy ?
a) Customer Acceptance Policy
b) Risk Management
c) Customer Identification Procedures
d) Reporting of Transactions

6. Government of India has authorized the _________to act as, and to perform the functions of the CKYCR.
a. SARFAESI
b. CERSAI
c. CSP
d. BANCA

7. Product architecture components include _________
(i) The Generic Product – the core product.
(ii) The Expected Product – adding additional features.
(iii) The Augmented Product – adding value in addition to features.
(iv) The Potential Product – futuristic features in anticipation.
(a) (i) & (iv) only
(b) (ii) & (iii) only
(c) (i), (ii) & (iii) only
(d) (i), (ii) (iii) & (iv) only

8. Which one of the following products is not a retail asset product?
(a) Education Loans
(b) Term deposits
(c) Personal Loans
(d) Home Loans

9. Which one of the following statements is appropriate?
a) Customers are different.
b) Needs of the customers are different.
c) Each customer will have different sets of need for financial service
d) All of the above

10. Which of the following is the correct sequence in Stages In New Product Development?
a) Generating new product ideas, Idea screening, Concept Testing, Business analysis and Market analysis, Actual product development
b) Generating new product ideas, Concept Testing, Idea screening, Business analysis and Market analysis, Actual product development
c) Generating new product ideas, Idea screening, Business analysis and Market analysis, Concept Testing, Actual product development
d) Idea screening, Generating new product ideas, Concept Testing, Business analysis and Market analysis, Actual product development