JAIIB Previous Year Papers, Download Subject Wise Memory Based Papers

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Published on 24 December 2025 by

The Indian Institute of Banking and Finance conducts the JAIIB exam twice every year. This exam is conducted for professionals to gain more knowledge about their work, along with career growth opportunities such as faster promotions and salary increments.

JAIIB Subject Wise Previous Year Papers

The JAIIB exam consists of 4 compulsory papers, and candidates must score at least 50 out of 100 in each subject to pass. However, there is a relaxation, if a candidate scores 45 marks in any subject but achieves an overall aggregate of 50% or more in a single attempt, they will still be considered to have passed.

Below we have provided the direct link to download the JAIIB previous year papers free PDF to help professionals practice the exam papers well before the exam. By practicing these papers, candidates can focus on high-weightage topics and improve their understanding of the subjects. Regular practice will also help in better time management during the exam.

Attempt A Free JAIIB previous Year Paper

JAIIB May-June 2025 Cycle Previous Year PDF

Candidates can download the IIBF JAIIB May-June 2025 papers through the direct link provided below:

JAIIB PapersLink to Download
JAIIB May AFM Paper May 2025Download PDF
JAIIB May IE and IFS Paper May 2025Download PDF
JAIIB May PPB Paper May 2025Download PDF
JAIIB May RBWM Paper May 2025Download PDF

JAIIB May 2024 Previous Year Paper Free PDF

Professionals can download the IIBF JAIIB May-June 2024 papers through the direct link provided below:

PaperDownload Link
JAIIB IE & IFS May 2024Download Here
JAIIB PPB May 2024Download Here
JAIIB AFM May 2024Download Here
JAIIB RBWM May 2024Download Here

JAIIB Memory Based Paper MCQs

JAIIB Memory Based Paper MCQs are based on past exam trends to help candidates practice effectively. These questions cover key topics from all modules, providing a realistic exam experience.

Module: IE & IFS (Indian Economy & Indian Financial System)

Check out a few questions from JAIIB IE&IFS Paper and do not forget to check out JAIIB IE&IFS Preparation Strategy.

1. What is the primary objective of monetary policy in India?
a) Control inflation
b) Regulate foreign exchange
c) Promote employment
d) Reduce fiscal deficit
Answer: a) Control inflation

2. What is the current base year for GDP calculation in India?
a) 2004-05
b) 2011-12
c) 2014-15
d) 2020-21
Answer: b) 2011-12

3. Which of the following is NOT a function of the Reserve Bank of India?
a) Issuing currency
b) Supervising non-banking financial companies
c) Setting fiscal policy
d) Managing foreign exchange
Answer: c) Setting fiscal policy

4. What does CRR stand for in banking?
a) Cash Reserve Ratio
b) Credit Risk Ratio
c) Current Reserve Requirement
d) Cash Revenue Rate
Answer: a) Cash Reserve Ratio

5. Which financial market instrument is used for short-term borrowing by governments?
a) Treasury Bills
b) Corporate Bonds
c) Mutual Funds
d) Equity Shares
Answer: a) Treasury Bills

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Module: PPB (Principles and Practices of Banking)

Check out a few questions from JAIIB PPB Paper and do not forget to check out JAIIB PPB Preparation Strategy.

1. What is the maximum validity period of a Demand Draft (DD)?
a) 1 month
b) 3 months
c) 6 months
d) 12 months
Answer: b) 3 months

2. KYC guidelines are mandated by which organization?
a) SEBI
b) IRDA
c) RBI
d) NABARD
Answer: c) RBI

3. What is the primary purpose of Priority Sector Lending (PSL)?
a) Promoting exports
b) Financial inclusion
c) Reducing NPAs
d) Supporting large corporates
Answer: b) Financial inclusion

4. Which of the following instruments is a negotiable instrument under the NI Act, 1881?
a) Fixed Deposit Receipt
b) Cheque
c) Bank Guarantee
d) Savings Certificate
Answer: b) Cheque

5. What does CASA stand for in banking?
a) Current Account Savings Account
b) Credit and Savings Account
c) Cash and Savings Access
d) Consolidated Account Savings Analysis
Answer: a) Current Account Savings Account

Module: AFM (Accounting & Financial Management for Bankers)

Check out a few questions from JAIIB AFM Paper and do not forget to check out JAIIB AFM Preparation Strategy.

1. Which financial statement shows the assets and liabilities of a company?
a) Profit and Loss Statement
b) Balance Sheet
c) Cash Flow Statement
d) Trial Balance
Answer: b) Balance Sheet

2. What is the accounting term for allocating the cost of tangible assets over their useful life?
a) Depreciation
b) Amortization
c) Capitalization
d) Valuation
Answer: a) Depreciation

3. In double-entry bookkeeping, which of the following is a debit entry?
a) Increase in revenue
b) Decrease in expense
c) Increase in assets
d) Decrease in liabilities
Answer: c) Increase in assets

4. What does the term “contingent liability” refer to?
a) A liability that is guaranteed
b) A liability that depends on a future event
c) A liability recorded in the Profit and Loss statement
d) A liability that is settled immediately
Answer: b) A liability that depends on a future event

5. The formula for calculating Return on Equity (ROE) is:
a) Net Income / Total Assets
b) Net Income / Shareholder’s Equity
c) Gross Profit / Total Sales
d) Total Liabilities / Shareholder’s Equity
Answer: b) Net Income / Shareholder’s Equity

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Module: RBWM (Retail Banking & Wealth Management)

Check out a few questions from JAIIB RBWM Paper and do not forget to check out JAIIB RBWM Preparation Strategy.

1. What is the main feature of a term deposit?
a) Unlimited withdrawals
b) Higher interest rate than savings accounts
c) Instant liquidity
d) No minimum deposit requirement
Answer: b) Higher interest rate than savings accounts

2. What is the primary purpose of mutual funds?
a) To provide loans
b) To pool resources for diversified investments
c) To facilitate online banking
d) To provide insurance coverage
Answer: b) To pool resources for diversified investments

3. Which of the following is NOT a type of retail banking product?
a) Home loans
b) Credit cards
c) Current account
d) Working capital finance
Answer: d) Working capital finance

4. What is the tenure for the Public Provident Fund (PPF) account?
a) 5 years
b) 10 years
c) 15 years
d) 20 years
Answer: c) 15 years

5. In wealth management, what does “asset allocation” mean?
a) Distributing investments across asset classes to manage risk
b) Selling assets for liquidity
c) Transferring assets to another party
d) Valuing assets for financial reporting
Answer: a) Distributing investments across asset classes to manage risk

FAQs

Q1. What is a JAIIB Memory Based Paper?

It is a set of questions from the actual JAIIB exam, recalled by candidates.

Q2. Why use memory based papers for JAIIB prep?

They help understand exam patterns and commonly asked questions.

Q3. How many papers are there in JAIIB ?

There are four papers: IE & IFS, PPB, AFM, and RBWM.

Q4. Where can I find JAIIB memory based papers?

We have interlinked the subject wise memory based papers in the blog above.