JAIIB PPB Memory Based Questions, Download PPB Questions PDF

Principles and Practice of Banking is the second paper for JAIIB (Junior Associate of Indian Institute of Bankers). To be successful in this examination, candidates must equip themselves with comprehensive knowledge and effective study techniques. Candidate’s preparation is incomplete without practicing the latest pattern questions. JAIIB PPB asked questions help candidates identify recurring topics and important areas to focus on during their preparation journey. Here in this post, we have provided JAIIB PPB Memory Based Questions Free PDF.

JAIIB PPB Memory Based Questions

JAIIB PPB Memory Based Questions is a very effective study tool for banking and financial sector employees aspiring for the upcoming exam. These questions have been compiled based on JAIIB PPB Exam 2024 and shared to assist future candidates in their exam preparation. JAIIB PPB Recollected Questions provide valuable insight into the type of questions expected in the exam, helping candidates become familiar with the exam format, question structure and topic distribution.

JAIIB PPB Memory Based Questions-Click Here to Download PDF

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Download JAIIB PPB Previous Year Questions PDF

JAIIB PPB previous year questions are an important source of preparation for banking and financial sector employees. During preparation, candidates are advised to review the memorized questions of previous years to get a fair idea of ​​the type and level of questions asked in the examination. Practicing with JAIIB previous year questions of PPB will help the employees to get perfection in the subject.

JAIIB PPB Questions for Practice

Q1. Which of the following statements is/are correct about bank computerization in India?

1. The concept of bank computerization started in 1980-81.
2. In 1983, a committee was set up to study the possibilities and steps involved in bank computerization.
3. The first Rangarajan Committee report on bank mechanization was presented in 1983.
4. The second Rangarajan Committee was constituted in the year 1985.

(A) 1,2, and 3

(b) 2, 3, and 4

(c) 1, 2, and 4

(d) 1, 2 only

S1. Year. (D)

Q2. Which of the following statements is/are not correct regarding Local Area Network (LAN)?

1. A LAN is a computer network that connects computers, network devices, and peripherals within a local area, such as a building.
2. LAN uses network adapters that use special technologies to share a common medium between connected nodes.
3. The distance and number of nodes supported in a LAN depend on the medium used to establish the network.
4. LANs typically span more than 100 meters for Cat5e cables.

(A) 1,2, and 3

(b) only 4

(c) 1, 2, and 4

(d) 1, 2 only

S2. Answer. (B)

Q3. Which of the following functions is not performed by CBS?

1. Customer Account Management
2. office account management
3. Loan Distribution and Management
4. Email Management Statement
5. Preparing reports, multi-currency balance sheets and P&L statements

(A) 1,2, and 3

(b) only 1,2

(c) 2, 3, and 4

(d) only 4

S3. Year. (D)

Q4. Read the following statements carefully.

1. The security policy should address the specific capabilities of the operating system and ensure that available security features are implemented.
2. The password file must be encrypted.
3. File maintenance should be a part of a normal user’s access level.
4. Access levels should not be reviewed periodically by the internal auditor.
5. The Chief Information Security Officer should ensure that available features are implemented.

Select which of the following options is/are true regarding Logical Access Control.

(A) i, ii, and iii

(b) only I, ii

(c) iii, iv and v

(d) I, II and V

S4. Year. (D)

Q5. Which of the following services can be availed at ATM?

1. Cash withdrawals, check book requests and credit card payments
2. Balance enquiry, user details update, and insurance premium payment
3. Fund Transfer, Statement Enquiry, and Aadhaar Update
4. Utility bill payments, check deposits, and opening fixed deposits

(A) i, ii, and iii

(b) only I, ii

(c) iii, iv and v

(D. ALL OF THE ABOVE

S5. Year. (D)

Q6. Which of the following is not true regarding payment options in credit cards?

1. The cardholder has the option to pay the entire amount as soon as it is debited from the card account.
2. The cardholder can repay only a certain percentage of the debited amount.
3. The cardholder cannot pay the amount in monthly instalments.
4. If payment is deferred then no service charge is charged on the amount.

(A) 1 and 2 only

(b) 3 and 4 only

(c) 2, 3 and 4 only

(d) 1, 2 and 3 only

S6. Answer. (b)

Q7. Read the following statements carefully-

1. They are made of copper wires and are prone to electromagnetic interference
2. They are not affected by electromagnetic interference and provide high quality transmission of signals at very high speeds
3. They are useful only for short distance communications
4. Due to their high cost and inconvenience they are the least popular cables currently in use.

Select the correct option for optical fiber cable.

(A) i, ii, and iii

(b) only ii

(c) iii, iv and v

(d) I, II and V

S7. Year. (B)

Q8. What is the definition of EFT according to the United States Uniform Commercial Code (UCC)?

1. A payment system through which a payment order can be transmitted by a bank to the bank to which the order is addressed.
2. A communication system of a clearing house or other association of banks.
3. A mechanism for transferring money in real time.
4. A system for processing interbank payments.

(A) only 1

(b) 1 and 4 only

(c) 2, 3 and 4 only

(d) 1, 2 and 3 only

S8. Year. (Is)

Q9. Which of the following is not a facilitator of EFT in India?

1. Oil
2. Check Truncation System (CTS)
3. Fedwire
4. imp

(A) i, ii, and iii

(b) only iii

(c) ii, iii and iv

(D. ALL OF THE ABOVE

S9. Year. (B)

Q10. Which of the following electronic clearing systems in India allows 24×7 instant fund transfer?

1. ECS
2. RTGS
3. imp
4. I am

(A) i, ii, and iii

(b) only iii

(c) only ii

(D. ALL OF THE ABOVE

S10. Answer. (B)

Question 11. Choose the correct statement regarding technological development in banking industry:

1. Indian banks have been investing in digital technologies to promote digital banking for the last few years.
2. Broadband internet has become more affordable for customers and has enabled banks to introduce many banking services through mobile and internet banking.
3. It is always cheaper for banks to implement new technologies.
4. Banks no longer use demographic-based groups to target customers.

(A) only 1,2

(b) 1 and 4 only

(c) 2, 3 and 4 only

(D. ALL OF THE ABOVE

S11. Answer. (A)

Question 12. Which of the following statements is/are correct regarding online delivery of banking services?

• Banks use the Net to provide Internet banking services, which include routine transactions such as balance enquiries, transfers between accounts and bill payments.
• Banks use the Internet only to sell financial products.
• Banks do not use the Internet to provide financial advice.
• Banks use the Internet only to offer routine transactions.

(A) i, ii, and iii

(b) only me

(c) Only I, ii

(D. ALL OF THE ABOVE

S12. Answer. (B)

Q13. Read the following statements carefully-

1. Inaccurate data can have serious implications for decision making.
2. The potential impact of inaccurate data can result in an impact on an organization’s business.
3. Inadequate control over data is the single biggest factor that increases the scope for fraud.

Choose the correct option regarding the importance of data and software in an organization.

(A) only 1,2

(b) only 1, 3

(c) 2, 3 only

(D. ALL OF THE ABOVE

S13. Year. (D)

Question 14. Which of the following statements is/are not true regarding fraudulent transactions in computerized systems?

1. Special programs such as utility programs can be used to make unauthorized changes to computerized records that bypass validation controls built into computer systems.
2. Unauthorized manipulation of critical files by bypassing security controls.
3. Unauthorized modifications were made to payment instructions after they were entered into the computer system.

(A) i, ii, and iii

(b) only iii

(c) Only I, ii

(D. ALL OF THE ABOVE

S14. Year. (b)

Question 15. What are the reasons that promote computer fraud?

1. Inadequate control over data/media.
2. Easy access mechanism to the system.
3. Inadequate control over output.

(a) i, and ii

(B) II and III

(c) only me,

(D. ALL OF THE ABOVE

S15. Year. (D)

Q16. Read the following statements carefully-

1. Administrative controls are limited to defining responsibilities and formal policies only.
2. The transaction must be verified against the limit, balance and authorized before it can be processed.
3. Stopped payments, post-dated cheques, old checks and checks with invalid dates should be validated.
4. Verification of sensitive parameters like maximum/minimum days allowed, maximum/minimum rates and withdrawal limits.

Select the correct option regarding the administrative controls applied over customer accounting.

(a) i, and ii

(b) ii, iii, and iv

(c) i, ii, and iii

(D. ALL OF THE ABOVE

S16. Year. (D)

Q17. Which of the following risks may arise from cyber attacks on banks?

1. Loss of productivity due to business disruption.
2. Cost of investigation.
3. Reputational benefits.
4. Increase in investment returns.

(A) only 1,2

(b) only 2, 3

(c) 3, 4 only

(D. ALL OF THE ABOVE

S17. Answer. (To)

Most important questions for JAIIB PPB

JAIIB PPB Memory Based Questions: Importance

JAIIB PPB Asked Questions free PDF will prove beneficial for the candidates as it has the following importance.

• Understanding the Exam Pattern
• provide exam experience
• identifying knowledge gaps
• Exposure to different types of questions