Home » JAIIB-CAIIB / Promotion Exams » JAIIB » JAIIB AFB Practice Questions

JAIIB AFM Practice Questions: The Indian Institute of Banking and Finance (IIBF) conducts the JAIIB twice a year. This year, the JAIIB October cycle will be held on the 8th, 14th,15th, and 29th of October, 2023. Candidates must be in their last month of preparation, for which you can find a detailed guide here.

## JAIIB AFM Practice Questions – Overview

The Junior Associate of the Indian Institute of Banking and Finance (JAIIB) is an exam that helps certify the proficiency of any banking or finance professional. The exam consists of four papers. These are-

• Indian Economy and Indian Financial System
• Principles and Practices of Banking
• Accounting and Financial Management for Bankers
• Retail Banking and Wealth Management

These will be on the 8th, 14th, and 15th, of October 2023 respectively. Candidates should practice as many questions for each as possible. This blog in particular will provide a free downloadable e-book for JAIIB AFMB Practice Questions

## AFM MCQs with Solutions

This e-book mainly contains a number of MCQs from the AFM paper. We have included solutions with the e-book so that you can see and mark how much you have learned. The questions are from different modules. The paper mainly covers the various conceptual and numerical questions that come under the topics of accountancy and finance. You can find detailed solutions for these questions in the following playlist:

## E-Book Sneak Peek

Here’s what you’ll find in the e-book:

Have a few questions to start:

1. Effect of 14% compounding quarterly on effective annual interest rate _%
(a) 14.25
(b) 14.50
(c) 14.75
(d) 15.00
2. X invested Rs. 100000 in a bank FDR at 6% p.a. for one year. If interest is compounded on a half-yearly basis, the amount payable shall be?
(a) 106000
(b) 106160
(c) 106130
(d) 106090

Find the answers for these and more in the AFMB Practice MCQs e-book.

Step 1 – Click on the download button. You will be directed to Oliveboard’s FREE EBooks page.

Step 2 – Register/Login to the FREE EBooks page of Oliveboard (it is 100% free, all you have to do is enter a valid email ID and password to be able to download the JAIIB AFMB Practice Questions free PDF).

Step 3- Once logged in, you will be able to download the free PDF.

We hope this e-book is useful in your JAIIB Preparation. Best of luck!

What is the JAIIB exam marking scheme?

For JAIIB, there will be 1 mark awarded for every correct answer and 1/4th mark will be deducted for every wrong answer.

How many questions are for each paper in JAIIB?

For JAIIB 2023, each paper will have 100 questions worth 100 marks.

When is JAIIB 2023?

JAIIB 2023 October cycle will be held on the 8th, 14th, and 15th of October 2023. The last date for registration is 21st August 2023.