The CAIIB journey is more than just clearing an exam it is about understanding how banking works in real-life situations. If you are planning to appear in the upcoming attempt, your preparation should be aligned with the exam schedule. As per the Indian Institute of Banking & Finance, the CAIIB 2026 exam will be conducted in two cycles. The May–June cycle is scheduled from 31st May to 21st June 2026, while the November–December cycle will be held from 6th to 27th December 2026. With limited time in hand, starting your preparation early and focusing on the right topics can make a big difference in your final score.
The BRBL paper is scheduled on 14th June 2026 and 20th December 2026, making it important to start your preparation early. If you are focusing on BRBL Module B practicing quizzes regularly is one of the smartest ways to strengthen your legal understanding. In this blog, you will be able to attempt a structured practice quiz and download a free PDF for revision.
Download CAIIB BRBL Module B Practice Quiz PDF
Boost your preparation with a well-structured and exam-focused PDF specially designed for working banking professionals. It will help you revise important banking laws, key acts, and legal concepts quickly, and practice effectively to improve accuracy and confidence before the exam.
Ready to attempt CAIIB BRBL Module B practice quiz?
Now is the right time to test your preparation and improve your score. Attempt the quiz, analyze your performance, and keep revising regularly to stay ahead in your CAIIB journey.
1. Under the Prevention of Money Laundering Act (PMLA), 2002, which of the following correctly defines ‘proceeds of crime’?
2. Under PMLA, 2002, what is the minimum and maximum punishment for the offence of money laundering?
3. Which of the following is the designated authority under the PMLA, 2002 to receive Suspicious Transaction Reports (STRs) from reporting entities?
4. A bank’s Principal Officer discovers a suspicious transaction involving a customer. As per PMLA rules, within how many working days must the Principal Officer report this Suspicious Transaction Report (STR) to the designated authority?
5. Under the PMLA, 2002, the minimum period for which reporting entities are required to maintain records of suspicious transactions after their reporting is:
6. Under PMLA, 2002, ‘Enhanced Due Diligence’ (EDD) is required to be performed for which of the following categories of clients?
7. Case Study: Mr. A, a real estate developer, received large cash payments from buyers which he deposited in multiple accounts across different banks in amounts just below Rs. 10 lakh each to avoid cash transaction reporting. This practice is known as:
8. Under PMLA, 2002, which of the following is a ‘Reporting Entity’ obligated to comply with the Act’s requirements?
9. Under PMLA, 2002, the Appellate Tribunal that hears appeals against orders of the Adjudicating Authority is known as:
10. Under PMLA, 2002, which of the following three stages of money laundering is described as the process of creating complex layers of financial transactions to disguise the source and ownership of funds?
11. Under Section 4 of the Negotiable Instruments Act, 1881, a Promissory Note is defined as an instrument in writing containing:
12. A cheque is a bill of exchange drawn on a specified banker and is payable only on demand. Which section of the Negotiable Instruments Act, 1881 provides this definition?
13. Under Section 8 of the Negotiable Instruments Act, 1881, who is considered the ‘Holder’ of a negotiable instrument?
14. A ‘Holder in Due Course’ under Section 9 of the NI Act, 1881 is one who has obtained the instrument:
15. Which of the following correctly describes ‘Material Alteration’ of a negotiable instrument under the NI Act, 1881?
16. Section 131 of the Negotiable Instruments Act, 1881 provides protection to the collecting banker. Which of the following conditions must be satisfied for this protection to apply?
17. A cheque was presented to the drawee bank for payment. The bank paid the cheque in good faith and without negligence but it later turned out that the cheque had been materially altered and the alteration was not apparent on the face of the cheque. Under the NI Act, which of the following is CORRECT?
18. Under the Negotiable Instruments Act, 1881, what is the effect of crossing a cheque ‘Account Payee’?
19. Under Section 138 of the Negotiable Instruments Act, 1881, dishonour of a cheque due to insufficient funds is a criminal offence. Which of the following correctly describes the time limit for giving a notice to the drawer after dishonour?
20. An endorsement where the endorser signs the instrument and writes ‘Pay X or order’ is known as:
Quiz Summary
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What is CAIIB BRBL Module B practice quiz and how can it help you?
The CAIIB BRBL Module B practice quiz helps you test your understanding of important banking laws in a practical way. It focuses on applying legal provisions in real banking situations like cheque handling, foreign exchange, and compliance.
| Feature | Details |
| Purpose | Test legal and conceptual clarity |
| Question Type | Concept-based and case-based MCQs |
| Coverage | Complete Module B syllabus |
| Difficulty Level | Exam-oriented and moderate |
| Outcome | Better understanding of banking laws |
Check: CAIIB BRBL Important Topics
Why should you attempt CAIIB BRBL Module B practice quiz regularly?
Regular practice helps you build confidence in handling legal questions and improves your overall exam performance.
- Better Concept Clarity: Understand laws in a simple way
- Improved Speed: Solve questions faster in the exam
- Higher Accuracy: Avoid mistakes in tricky legal MCQs
- Exam Confidence: Get familiar with question patterns
- Practical Understanding: Apply legal concepts in real banking work
What is included in CAIIB BRBL Module B (Important Acts Part A)?
Module B focuses on important banking laws that support daily banking operations. It helps you understand compliance, legal risks, and financial transaction rules.
| Units | Topics |
| Prevention of Money Laundering Act, 2002 | Offence, punishment, due diligence, records, reporting |
| Negotiable Instruments Act, 1881 | Types, cheque handling, protections, alteration |
| Foreign Exchange Management Act, 1999 | Forex regulation, RBI powers, penalties |
| Payment & Settlement Systems Act, 2007 | Authorization, RBI supervision, settlement |
| Securities & Charges – I | Mortgage, title documents |
| Securities & Charges – II | Pledge, hypothecation, lien, set-off |
| Charges (Companies Act 2013) | Registration, effects, compliance |
Also Check: CAIIB Exam Date 2026
What are the important topics in BRBL Module B?
Some topics are frequently asked and require strong conceptual understanding.
| Topic | Key Focus Areas |
| Negotiable Instruments | Promissory note, cheque, bill of exchange |
| Endorsement & Negotiation | Transfer rules and conditions |
| Dishonour of Cheques | Sections 138, 139, 142 |
| Liability of Parties | Drawer, drawee, maker |
| Presumptions under NIA | Legal assumptions in transactions |
How should you prepare for CAIIB BRBL Module B effectively?
A clear and practical strategy will help you score well in this module.
- Start with understanding basic legal terms
- Focus on acts and their real-life application
- Make short notes of important sections
- Practice MCQs daily
- Revise regularly to retain concepts
- Attempt mock tests weekly
How can practice quizzes improve your CAIIB BRBL score?
Practice quizzes are not just for testing they are tools for improvement.
- Identify weak areas quickly
- Improve time management
- Build exam temperament
- Strengthen application-based learning
| Topic | Link |
| 50 Most Repetitive CAIIB ABM MCQs | Attempt Now |
| 50 Most Repetitive CAIIB BFM MCQs | Attempt Now |
| 50 Most Repetitive CAIIB ABFM MCQs | Attempt Now |
| 50 Most Repetitive CAIIB BRBL MCQs | Attempt Now |
FAQs
It focuses on important banking laws like PMLA, NIA, FEMA, and other legal provisions used in daily banking operations.
Mostly concept-based and case-based MCQs that test your understanding of legal provisions.
It is moderate but requires clear understanding of acts and their practical application.
It is highly important as many questions are directly asked from legal provisions and case scenarios.
Focus on understanding acts, revise regularly, and practice quizzes consistently.
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