{"id":151271,"date":"2026-05-26T21:38:06","date_gmt":"2026-05-26T16:08:06","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=151271"},"modified":"2026-05-27T12:36:10","modified_gmt":"2026-05-27T07:06:10","slug":"afm-previous-year-question-paper-pdf","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/","title":{"rendered":"Attempt JAIIB AFM Previous Year Practice Quiz, Download PDF"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#Download_JAIIB_AFM_Previous_Year_Papers\" >Download JAIIB AFM Previous Year Papers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#Attempt_JAIIB_AFM_Previous_Year_Practice_Quiz\" >Attempt JAIIB AFM Previous Year Practice Quiz<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#Sign_Up\" >Sign Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#Login\" >Login<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#Forgot_Password\" >Forgot Password<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#i\" >&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#Why_should_you_attempt_JAIIB_AFM_Previous_Year_Paper\" >Why should you attempt JAIIB AFM Previous Year Paper?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#What_topics_are_covered_in_JAIIB_AFM_Module_A_Accounting_Principles_and_Processes\" >What topics are covered in JAIIB AFM Module A (Accounting Principles and Processes)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#What_topics_are_covered_in_JAIIB_AFM_Module_B_Financial_Statements_and_Core_Banking_Systems\" >What topics are covered in JAIIB AFM Module B (Financial Statements and Core Banking Systems)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#What_topics_are_covered_in_JAIIB_AFM_Module_C_Financial_Management\" >What topics are covered in JAIIB AFM Module C (Financial Management)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#What_topics_are_covered_in_JAIIB_AFM_Module_D_Taxation_and_Costing\" >What topics are covered in JAIIB AFM Module D (Taxation and Costing)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#What_are_the_most_important_AFM_topics_for_quick_revision\" >What are the most important AFM topics for quick revision?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Preparing for the JAIIB AFM exam becomes much easier when you practice from Previous Year Papers and topic-based quizzes. Instead of only reading theory, solving repeated questions helps you understand the real exam pattern, marking style, and important areas.<\/p>\n\n\n\n<p>The JAIIB AFM Previous Year Practice Quiz is specially designed for banking professionals to improve accuracy, speed, and concept clarity. It also helps in quick revision of accounting, financial management, taxation, and costing topics. Download the PDF and start practicing important MCQs that are frequently asked in the exam.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-download-jaiib-afm-previous-year-papers\"><span class=\"ez-toc-section\" id=\"Download_JAIIB_AFM_Previous_Year_Papers\"><\/span>Download JAIIB AFM Previous Year Papers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Boost your JAIIB AFM 2026 preparation by focusing on the most frequently asked questions from <a href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-pyps\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB Previous Year Papers<\/a>. Each question comes with the correct answer and simple explanations to help you strengthen concepts and improve accuracy in the exam. The direct download link is given below:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Particulars<\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><tr><td>JAIIB AFM May 2026 Previous Year Paper<\/td><td><a href=\"https:\/\/download.oliveboard.in\/pdf\/JAIIB-May-2026-AFM-Memory-Based-Papers.pdf?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">Download PDF<\/a><\/td><\/tr><tr><td>JAIIB AFM Nov 2025 Previous Year Paper<\/td><td><a href=\"https:\/\/download.oliveboard.in\/pdf\/JAIIB-AFM-Previous-Year-Paper.pdf?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">Download Free PDF<\/a><\/td><\/tr><tr><td>JAIIB AFM Most Repetitive Practice Quiz<\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/most-repetitive-jaiib-afm-mcqs\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">Download Free PDF<\/a><\/td><\/tr><tr><td>JAIIB AFM Important MCQs<\/td><td><a href=\"https:\/\/www.oliveboard.in\/jaiib-afm-questions\/?ref=contac-jblog-fq\" target=\"_blank\" rel=\"noreferrer noopener\">Download Free PDF<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-attempt-jaiib-afm-previous-year-practice-quiz\"><span class=\"ez-toc-section\" id=\"Attempt_JAIIB_AFM_Previous_Year_Practice_Quiz\"><\/span>Attempt JAIIB AFM Previous Year Practice Quiz<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Check your preparation level with our JAIIB AFM Previous Year Practice Quiz designed especially for banking professionals to revise important accounting, financial management, taxation, and costing concepts effectively.<\/p>\n\n\n\n<!DOCTYPE html>\n<html lang=\"en\">\n<head>\n<meta charset=\"UTF-8\">\n<link rel=\"stylesheet\" href=\"https:\/\/courses.oliveboard.in\/edge\/css\/login-modal-for-blog.css\">\n\n<style>\n#quiz-1-sticky-header {\n  position: sticky;\n  top: 0;\n  z-index: 100;\n  background: #1565c0;\n  color: #fff;\n  padding: 12px 20px;\n  border-radius: 10px 10px 0 0;\n  display: flex;\n  justify-content: space-between;\n  align-items: center;\n  font-size: 16px;\n  font-weight: bold;\n  box-shadow: 0 2px 8px rgba(0,0,0,0.2);\n  margin: -20px -20px 20px -20px;\n}\n\n#quiz-1-score-badge {\n  background: rgba(255,255,255,0.2);\n  padding: 4px 12px;\n  border-radius: 20px;\n  font-size: 15px;\n  white-space: nowrap;\n}\n#quiz-1 * { box-sizing: border-box; }\n\n#quiz-1 .quiz-container {\n  max-width: 700px;\n  margin: auto;\n  padding: 20px;\n  background: #fff;\n  border-radius: 14px;\n  box-shadow: 0 6px 16px rgba(0,0,0,0.12);\n}\n\n#quiz-1 h2 {\n  text-align: center;\n}\n\n#quiz-1 .question {\n  margin-bottom: 22px;\n}\n\n#quiz-1 .question p {\n  font-weight: bold;\n}\n\n#quiz-1 button {\n  width: 100%;\n  padding: 12px;\n  margin: 6px 0;\n  border: none;\n  border-radius: 6px;\n  background: #e0e0e0;\n  color: #000;\n  font-size: 16px;\n  cursor: pointer;\n}\n\n#quiz-1 button:hover {\n  background: #d5d5d5;\n}\n\n#quiz-1 button.correct {\n  background: #4caf50;\n  color: #000;\n}\n\n#quiz-1 button.wrong {\n  background: #f44336;\n  color: #000;\n}\n\n#quiz-1 button.locked {\n  pointer-events: none;\n}\n\n\/* SUMMARY *\/\n#quiz-1 .final-summary {\n  margin-top: 40px;\n  padding: 20px;\n  border-radius: 14px;\n  background: #fafafa;\n  border: 2px solid #4caf50;\n}\n\n#quiz-1 .final-summary h3 {\n  text-align: center;\n  margin-bottom: 20px;\n}\n\n#quiz-1 .summary-row {\n  display: grid;\n  grid-template-columns: 120px 1fr 40px;\n  gap: 10px;\n  align-items: center;\n  margin-bottom: 12px;\n  font-weight: bold;\n}\n\n#quiz-1 .summary-bar {\n  height: 14px;\n  background: #ddd;\n  border-radius: 10px;\n  overflow: hidden;\n}\n\n#quiz-1 .bar-fill {\n  height: 100%;\n  width: 0%;\n}\n\n#quiz-1 .bar-attempted { background: #2196f3; }\n#quiz-1 .bar-correct { background: #4caf50; }\n#quiz-1 .bar-wrong { background: #f44336; }\n#quiz-1 .bar-unattempted { background: #9e9e9e; width: 100%; }\n\n#quiz-1 .final-score {\n  text-align: center;\n  font-size: 22px;\n  margin-top: 20px;\n}\n\n#quiz-1 .score-value {\n  font-size: 30px;\n  margin-left: 8px;\n}\n<\/style>\n<\/head>\n\n<body>\n<div id=\"quiz-1\">\n  <div class=\"quiz-container\">\n<div id=\"quiz-1-sticky-header\">\n  <span> JAIIB AFM Quiz Questions  <\/span>\n  <span id=\"quiz-1-score-badge\">Score: <strong id=\"quiz-1-score-value\">0.00<\/strong><\/span>\n<\/div>\n\n    <!-- QUESTIONS -->\n\n<div class=\"question\" data-answered=\"false\">\n  <p>1. Which of the following best describes a Forensic Audit?<\/p>\n  <button data-correct=\"false\">Transistors<\/button>\n  <button data-correct=\"false\">Integrated Circuits<\/button>\n  <button data-correct=\"true\">Vacuum Tubes<\/button>\n  <button data-correct=\"false\">Microprocessors<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>2. As per Accounting Standard 26, internally generated goodwill should be:<\/p>\n  <button data-correct=\"false\">Capitalized at cost<\/button>\n  <button data-correct=\"true\">Not recognized as an asset<\/button>\n  <button data-correct=\"false\">Amortized over 10 years<\/button>\n  <button data-correct=\"false\">Recognized at fair value<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>3. Under CAPM, if the risk-free rate is 6%, market return is 12%, and Beta is 1.5, what is the expected return?<\/p>\n  <button data-correct=\"true\">15%<\/button>\n  <button data-correct=\"false\">13%<\/button>\n  <button data-correct=\"false\">18%<\/button>\n  <button data-correct=\"false\">12%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>4. An Accommodation Bill is one where:<\/p>\n  <button data-correct=\"false\">A commercial transaction takes place between parties<\/button>\n  <button data-correct=\"false\">The bill is drawn to finance a trade transaction<\/button>\n  <button data-correct=\"false\">The bill is discounted by a foreign bank<\/button>\n  <button data-correct=\"true\">No commercial transaction is involved; the bill is drawn to raise funds<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>5. Prime Cost in cost accounting is calculated as:<\/p>\n  <button data-correct=\"false\">Direct Labour + Factory Overhead<\/button>\n  <button data-correct=\"false\">Direct Material + Factory Overhead + Selling Expenses<\/button>\n  <button data-correct=\"true\">Direct Material + Direct Labour + Direct Expenses<\/button>\n  <button data-correct=\"false\">Sales &#8211; Gross Profit<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>6. Under the Gordon Growth Model, if D1 = \u20b95, P0 = \u20b950, and growth rate = 4%, the required rate of return is:<\/p>\n  <button data-correct=\"false\">12%<\/button>\n  <button data-correct=\"true\">14%<\/button>\n  <button data-correct=\"false\">10%<\/button>\n  <button data-correct=\"false\">8%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>7. A company earns PAT of \u20b910,00,000. It has 80,000 equity shares and 20,000 preference shares with a dividend of \u20b92 per share. What is the EPS?<\/p>\n  <button data-correct=\"false\">\u20b912.50<\/button>\n  <button data-correct=\"false\">\u20b911.00<\/button>\n  <button data-correct=\"true\">\u20b912.00<\/button>\n  <button data-correct=\"false\">\u20b910.00<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>8. Which Accounting Standard deals with Contingent Liabilities and Contingent Assets?<\/p>\n  <button data-correct=\"true\">AS 29<\/button>\n  <button data-correct=\"false\">AS 26<\/button>\n  <button data-correct=\"false\">AS 19<\/button>\n  <button data-correct=\"false\">AS 15<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>9. Under Section 135 of the Companies Act, CSR spending is mandated at:<\/p>\n  <button data-correct=\"false\">2% of average net profits of the last 5 years<\/button>\n  <button data-correct=\"false\">1% of turnover of the preceding year<\/button>\n  <button data-correct=\"false\">5% of distributable profits<\/button>\n  <button data-correct=\"true\">2% of average net profits of the last 3 financial years<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>10. In a Bank Reconciliation Statement, if the passbook shows an overdraft balance of \u20b910,000 and a cheque of \u20b92,000 issued has not been presented for payment, the balance as per cash book will be:<\/p>\n  <button data-correct=\"false\">Overdraft of \u20b912,000<\/button>\n  <button data-correct=\"true\">Overdraft of \u20b98,000<\/button>\n  <button data-correct=\"false\">Overdraft of \u20b910,000<\/button>\n  <button data-correct=\"false\">Credit balance of \u20b92,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>11. The standard income tax deduction under the New Tax Regime for salaried employees is:<\/p>\n  <button data-correct=\"true\">\u20b975,000<\/button>\n  <button data-correct=\"false\">\u20b950,000<\/button>\n  <button data-correct=\"false\">\u20b91,00,000<\/button>\n  <button data-correct=\"false\">\u20b940,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>12. Under Section 194A of the Income Tax Act, the TDS threshold limit on interest for senior citizens is:<\/p>\n  <button data-correct=\"false\">\u20b910,000<\/button>\n  <button data-correct=\"false\">\u20b940,000<\/button>\n  <button data-correct=\"true\">\u20b91,00,000<\/button>\n  <button data-correct=\"false\">\u20b950,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>13. The intrinsic value of a bond with face value \u20b91,000, coupon rate 12%, discount rate 10%, and 5-year maturity is approximately:<\/p>\n  <button data-correct=\"false\">\u20b91,000.00<\/button>\n  <button data-correct=\"true\">\u20b91,075.82<\/button>\n  <button data-correct=\"false\">\u20b9950.00<\/button>\n  <button data-correct=\"false\">\u20b91,025.00<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>14. Which of the following is a &#8216;Plain Vanilla&#8217; financial instrument?<\/p>\n  <button data-correct=\"false\">Interest Rate Swap with exotic features<\/button>\n  <button data-correct=\"false\">Convertible debenture<\/button>\n  <button data-correct=\"false\">Callable bond<\/button>\n  <button data-correct=\"true\">Standard fixed-rate bond with no embedded options<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>15. Zero Based Budgeting (ZBB) differs from traditional budgeting because:<\/p>\n  <button data-correct=\"false\">Uses last year&#8217;s budget as a base<\/button>\n  <button data-correct=\"false\">Only considers capital expenditure<\/button>\n  <button data-correct=\"false\">Focuses only on variable costs<\/button>\n  <button data-correct=\"true\">Every expense must be justified from scratch for each new period<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>16. Under Marginal Costing, fixed costs are treated as:<\/p>\n  <button data-correct=\"false\">Product cost and included in inventory valuation<\/button>\n  <button data-correct=\"false\">Deferred cost carried forward to the next period<\/button>\n  <button data-correct=\"true\">Period cost and charged to the profit and loss account in full<\/button>\n  <button data-correct=\"false\">Part of prime cost<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>17. A Deferred Payment Guarantee (DPG) is typically issued for:<\/p>\n  <button data-correct=\"false\">Guaranteeing payment of import duties<\/button>\n  <button data-correct=\"true\">Guaranteeing payments as per a submitted schedule for deferred credit transactions<\/button>\n  <button data-correct=\"false\">Guaranteeing export advances<\/button>\n  <button data-correct=\"false\">Guaranteeing the performance of a contractor<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>18. Under the Reverse Charge Mechanism (RCM) in GST, if the seller is unregistered and the buyer is registered, who pays GST?<\/p>\n  <button data-correct=\"true\">Buyer pays GST directly to the government<\/button>\n  <button data-correct=\"false\">Seller pays GST to the government<\/button>\n  <button data-correct=\"false\">Both buyer and seller pay 50% each<\/button>\n  <button data-correct=\"false\">No GST is applicable in such a case<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>19. The Debt Service Coverage Ratio (DSCR) is calculated as:<\/p>\n  <button data-correct=\"false\">Net Profit \/ Total Debt<\/button>\n  <button data-correct=\"false\">Gross Profit \/ EMI<\/button>\n  <button data-correct=\"false\">Net Cash Flows \/ Interest Expense<\/button>\n  <button data-correct=\"true\">EBIT \/ (Principal Repayment + Interest)<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>20. Under Absorption Costing as compared to Marginal Costing, the profit will be higher when:<\/p>\n  <button data-correct=\"false\">Production equals sales<\/button>\n  <button data-correct=\"false\">Sales exceed production<\/button>\n  <button data-correct=\"true\">Production exceeds sales (closing stock &gt; opening stock)<\/button>\n  <button data-correct=\"false\">Fixed costs are higher than variable costs<\/button>\n<\/div>\n\n    <!-- FINAL SUMMARY -->\n    <div class=\"final-summary\">\n      <h3>Quiz Summary <\/h3>\n\n      <div class=\"summary-row\">\n        <span>Attempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-attempted\" data-summary=\"attempted\"><\/div><\/div>\n        <span data-count=\"attempted\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Correct<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-correct\" data-summary=\"correct\"><\/div><\/div>\n        <span data-count=\"correct\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Wrong<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-wrong\" data-summary=\"wrong\"><\/div><\/div>\n        <span data-count=\"wrong\">0<\/span>\n      <\/div>\n\n      <div class=\"summary-row\">\n        <span>Unattempted<\/span>\n        <div class=\"summary-bar\"><div class=\"bar-fill bar-unattempted\" data-summary=\"unattempted\"><\/div><\/div>\n        <span data-count=\"unattempted\">0<\/span>\n      <\/div>\n\n      <div class=\"final-score\">\n        Final Score: <span class=\"score-value\" data-score>0.0<\/span>\n      <\/div>\n    <\/div>\n\n  <\/div>\n<\/div>\n<div class=\"modal modal-obls\" id=\"modal-signup\">\n        <div class=\"modal-background\"><\/div>\n        <div class=\"modal-content\">\n           <div class=\"obls-group\" id=\"obls-group1\">\n               <div class=\"obls-blk\">\n                   <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/img-delivery.svg\" alt=\"\"><\/span>\n                   <h2 id=\"display-register-text\"><span class=\"ez-toc-section\" id=\"Sign_Up\"><\/span>Sign Up<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                   <div class=\"loginas-group loginas-group1 loginas-group-single\">\n <div id=\"g_id_onload\" data-client_id=\"506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com\" ,=\"\" data-use_fedcm_for_prompt=\"true\" data-callback=\"handleOnetapResponse\">\n    <\/div>\n    <div class=\"g_id_signin\" data-type=\"standard\"><div class=\"S9gUrf-YoZ4jf\" style=\"position: relative;\"><div><\/div><iframe src=\"https:\/\/accounts.google.com\/gsi\/button?type=standard&amp;is_fedcm_supported=true&amp;client_id=506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com&amp;iframe_id=gsi_437394_8652&amp;cas=pwXumGxyCMNtIbjaV30qchi2A1vUar%2Faz%2FOE5HQ%2B0Zc\" class=\"L5Fo6c-PQbLGe\" allow=\"identity-credentials-get\" id=\"gsi_437394_8652\" title=\"Sign in with Google Button\" style=\"display: block; position: relative; top: 0px; left: 0px; height: 44px; width: 204px; border: 0px; margin: -2px -10px;\"><\/iframe><\/div><\/div>\n                   <\/div>\n                   <h6 class=\"signup-subheader\">Or, register with email<\/h6>\n                   <label class=\"errormsg txt-red courseUp\"><\/label>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n                        <input type=\"email\" name=\"email\" class=\"formcontrol ob-inputfield\" id=\"course-uemail\" required=\"\">\n                        <span class=\"floating-label\" style=\"top: 19px; font-size: 12px;\">Email Id<\/span>\n                   <\/div>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mobile-black.svg\" alt=\"\"><\/span>\n                        <input type=\"text\" maxlength=\"10\" name=\"monum\" class=\"formcontrol ob-inputfield\" id=\"course-uphone\" required=\"\">\n                        <span class=\"floating-label\">Mobile Number<\/span>\n                   <\/div>\n                   <div class=\"formcontrol-group\">\n                        <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-lock.svg\" alt=\"\"><\/span>\n                        <input type=\"password\" name=\"pwd\" class=\"formcontrol ob-inputfield\" id=\"course-upassword\" required=\"\">\n                        <span class=\"floating-label\">Password<\/span>\n                   <\/div>\n                   <button type=\"button\" class=\"btn btn-md btn-tblue btn-obls\" onclick=\"courseUpValidation('home','IBPS','https:\/\/u1.oliveboard.in\/exams\/?c=dashboard&amp;i=common');return false;\" id=\"courseup\">REGISTER<\/button>\n                    <p class=\"obls-footer\">Already a user?<button type=\"button\" class=\"btn btn-xs btn-switch-obls btn-show-modal-login\" id=\"btn-show-modal-login\">Login<\/button><\/p>\n               <\/div> \n            <\/div> \n        <\/div>\n        <button class=\"modal-close is-large modal-obls-close\" aria-label=\"close\"><\/button>\n    <\/div>\n\n<div class=\"modal modal-obls\" id=\"modal-login\">\n        <div class=\"modal-background\"><\/div>\n        <div class=\"modal-content\">\n           <div class=\"obls-group\" id=\"obls-group2\">\n               <div class=\"obls-blk\">\n                   <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/img-run-health.svg\" alt=\"\"><\/span>\n                   <div id=\"login-group-abc\" class=\"lfp-group-abc\"><!-- start login group -->\n                       <h2><span class=\"ez-toc-section\" id=\"Login\"><\/span>Login<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                       <label class=\"errormsg txt-red courseIn\"><\/label>\n                       <div class=\"formcontrol-group disable-loginemail\">\n                            <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n                            <input type=\"email\" name=\"email\" class=\"formcontrol ob-inputfield\" id=\"course-email\" required=\"\">\n                            <span class=\"floating-label\">Email Id<\/span>\n                       <\/div>\n                       <div class=\"loginnext-group\" id=\"loginnext-group\"><!-- pass and captcha -->\n                           <div class=\"formcontrol-group\">\n                                <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-lock.svg\" alt=\"\"><\/span>\n                                <input type=\"password\" name=\"pwd\" class=\"formcontrol ob-inputfield\" id=\"course-password\" required=\"\">\n                                <span class=\"floating-label\">Password<\/span>\n                           <\/div>\n                           <div style=\"display:none\" id=\"img-oblcaptcha\" class=\"captcha-img-blk\">\n                           <\/div>\n                           <div style=\"display:none\" class=\"formcontrol-group captcha-input-blk\">\n                                <input type=\"text\" name=\"pwd1\" value=\"1\" class=\"formcontrol ob-inputfield\" id=\"lcaptcha-code\" required=\"\">\n                                <span class=\"floating-label\">Enter text you see in the image<\/span>\n                           <\/div>\n                       <\/div><!-- pass and captcha -->\n                       \n                       <div class=\"btn-forgotpwd-group\"><button id=\"btn-forgotpwd\" class=\"btn btn-forgotpwd\">Forgot Password?<\/button><\/div>\n                       <button type=\"button\" id=\"coursein1\" class=\"btn btn-md btn-tblue btn-obls\" onclick=\"courseInValidation1()\">Next<\/button>\n                       <button type=\"button\" id=\"coursein\" class=\"btn btn-md btn-tblue btn-obls coursein\" onclick=\"courseInValidation('https:\/\/u1.oliveboard.in\/exams\/?c=dashboard&amp;i=common')\">Submit<\/button>\n                       <form method=\"post\" action=\"https:\/\/login.oliveboard.in\/login\/next.php\" id=\"snf1\">\n                        <input type=\"hidden\" name=\"email\" value=\"\" id=\"lemailnext\">\n                        <\/form>\n                   <\/div><!-- end login group -->\n                   <div id=\"forgotpwd-group-abc\" class=\"lfp-group-abc forgotpwd-group-abc\"><!-- start forgotpwd group -->\n                       <h2><span class=\"ez-toc-section\" id=\"Forgot_Password\"><\/span>Forgot Password<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                       <p class=\"secintro-txt\">Please enter the Email ID we will send you a Email with the link to reset the password.<\/p>\n                       <label class=\"errormsg txt-red rePassMsg\"><\/label>\n                       <div class=\"formcontrol-group formcontrol-group-fp\">\n                            <span class=\"icon\"><img decoding=\"async\" src=\"\/img\/ic-mail.svg\" alt=\"\"><\/span>\n                            <input type=\"email\" name=\"email\" class=\"formcontrol ob-inputfield\" id=\"remail\" required=\"\">\n                            <span class=\"floating-label\">Email Id<\/span>\n                       <\/div>\n                       <div class=\"loginas-group loginas-group1\">\n                            <button type=\"button\" id=\"btn-fpwd-cancel\" class=\"btn btn-md btn-white btn-cancel btn-fpwd-cancel\">Cancel<\/button>\n                            <button type=\"button\" id=\"lreset\" class=\"btn btn-md btn-tblue btn-fpwd-submit\" onclick=\"resetPassword()\">Submit<\/button>\n                       <\/div>\n                    <\/div><!-- end forgotpwd group --> \n                   <h6 class=\"login-subheader\">Or, login with<\/h6>\n                   <div class=\"loginas-group loginas-group2 loginas-group-single\">\n\n <div id=\"g_id_onload\" data-client_id=\"506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com\" ,=\"\" data-use_fedcm_for_prompt=\"true\" data-callback=\"handleOnetapResponse\">\n    <\/div>\n    <div class=\"g_id_signin\" data-type=\"standard\"><div class=\"S9gUrf-YoZ4jf\" style=\"position: relative;\"><div><div tabindex=\"0\" role=\"button\" aria-labelledby=\"button-label\" class=\"nsm7Bb-HzV7m-LgbsSe  hJDwNd-SxQuSe i5vt6e-Ia7Qfc uaxL4e-RbRzK\"><div class=\"nsm7Bb-HzV7m-LgbsSe-MJoBVe\"><\/div><div class=\"nsm7Bb-HzV7m-LgbsSe-bN97Pc-sM5MNb \"><div class=\"nsm7Bb-HzV7m-LgbsSe-Bz112c\"><svg version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 48 48\" class=\"LgbsSe-Bz112c\"><g><path fill=\"#EA4335\" d=\"M24 9.5c3.54 0 6.71 1.22 9.21 3.6l6.85-6.85C35.9 2.38 30.47 0 24 0 14.62 0 6.51 5.38 2.56 13.22l7.98 6.19C12.43 13.72 17.74 9.5 24 9.5z\"><\/path><path fill=\"#4285F4\" d=\"M46.98 24.55c0-1.57-.15-3.09-.38-4.55H24v9.02h12.94c-.58 2.96-2.26 5.48-4.78 7.18l7.73 6c4.51-4.18 7.09-10.36 7.09-17.65z\"><\/path><path fill=\"#FBBC05\" d=\"M10.53 28.59c-.48-1.45-.76-2.99-.76-4.59s.27-3.14.76-4.59l-7.98-6.19C.92 16.46 0 20.12 0 24c0 3.88.92 7.54 2.56 10.78l7.97-6.19z\"><\/path><path fill=\"#34A853\" d=\"M24 48c6.48 0 11.93-2.13 15.89-5.81l-7.73-6c-2.15 1.45-4.92 2.3-8.16 2.3-6.26 0-11.57-4.22-13.47-9.91l-7.98 6.19C6.51 42.62 14.62 48 24 48z\"><\/path><path fill=\"none\" d=\"M0 0h48v48H0z\"><\/path><\/g><\/svg><\/div><span class=\"nsm7Bb-HzV7m-LgbsSe-BPrWId\">Sign in with Google<\/span><span class=\"L6cTce\" id=\"button-label\">Sign in with Google. Opens in new tab<\/span><\/div><\/div><\/div><iframe src=\"https:\/\/accounts.google.com\/gsi\/button?type=standard&amp;is_fedcm_supported=true&amp;client_id=506321490093-i3j96ah9gn1sv3khntnd1rnv5jebt5j4.apps.googleusercontent.com&amp;iframe_id=gsi_437400_306436&amp;cas=pwXumGxyCMNtIbjaV30qchi2A1vUar%2Faz%2FOE5HQ%2B0Zc\" class=\"L5Fo6c-PQbLGe\" allow=\"identity-credentials-get\" id=\"gsi_437400_306436\" title=\"Sign in with Google Button\" style=\"display: block; position: relative; top: 0px; left: 0px; height: 0px; width: 0px; border: 0px;\"><\/iframe><\/div><\/div>\n\n\n                   <\/div>\n                    <p class=\"obls-footer\">New to Oliveboard?<button class=\"btn btn-xs btn-switch-obls\" id=\"btn-show-modal-signup\">Register<\/button><\/p>\n               <\/div> \n            <\/div> \n            <div class=\"success-msg-group\" id=\"success-msg-group\"><!-- success msg -->\n                <div class=\"success-msg-blk\" id=\"success-msg-blk\">\n                    <span class=\"img-box\"><img decoding=\"async\" src=\"\/img\/success-ellipse.svg\" alt=\"\"><\/span>\n                    <h2 id=\"fpwd-success-msg-title\"><span class=\"ez-toc-section\" id=\"i\"><\/span>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n                    <p id=\"fpwd-success-msg-text\">&nbsp;<\/p>\n                    <div class=\"login-btn\">\n                        <button type=\"button\" class=\"btn btn-md btn-tblue modal-obls-close\">Ok<\/button>\n                    <\/div>\n\n                <\/div>\n            <\/div><!-- success msg -->\n\n        <\/div>\n        <button class=\"modal-close is-large modal-obls-close\" aria-label=\"close\"><\/button>\n    <\/div>\n\n<script src=\"https:\/\/s3-ap-southeast-1.amazonaws.com\/sg2.oliveboard.in\/static\/js\/jquery.js\"><\/script>\n\n<script>\nvar boxurl = window.location.href + '?log=1';\n\nfunction getUrlParam(name, defaultValue) {\n    const params = new URLSearchParams(window.location.search);\n    return params.has(name) ? params.get(name) : defaultValue;\n}\n\nvar l_log = getUrlParam('log', 0);\n<\/script>\n<script src=\"https:\/\/www.oliveboard.in\/js\/coursecommon.js?v=12\"><\/script>\n\n\n<script>\n(() => {\n  const quizContainer = document.getElementById('quiz-1');\n  const STORAGE_KEY = 'quiz_1_state';\n  let score = 0;\n  let attempted = 0;\n  let correct = 0;\n  let wrong = 0;\n\n  const questions = quizContainer.querySelectorAll(\".question\");\n  const total = questions.length;\n\n  function loadState() {\n    try { return JSON.parse(sessionStorage.getItem(STORAGE_KEY) || '{}'); }\n    catch { return {}; }\n  }\n\n  function saveState(data) {\n    sessionStorage.setItem(STORAGE_KEY, JSON.stringify(data));\n  }\n\n  function updateUI() {\n    const unattempted = total - attempted;\n    quizContainer.querySelector('[data-count=\"attempted\"]').textContent = attempted;\n    quizContainer.querySelector('[data-count=\"correct\"]').textContent = correct;\n    quizContainer.querySelector('[data-count=\"wrong\"]').textContent = wrong;\n    quizContainer.querySelector('[data-count=\"unattempted\"]').textContent = unattempted;\n    quizContainer.querySelector('[data-summary=\"attempted\"]').style.width = (attempted \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"correct\"]').style.width = (correct \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"wrong\"]').style.width = (wrong \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-summary=\"unattempted\"]').style.width = (unattempted \/ total) * 100 + \"%\";\n    quizContainer.querySelector('[data-score]').textContent = score.toFixed(2);\n\n    \/\/ Live score update in sticky header\n    document.getElementById('quiz-1-score-value').textContent = score.toFixed(2);\n  }\n\n  function restoreQuestion(q, chosenIndex, wasCorrect) {\n    q.dataset.answered = \"true\";\n    const buttons = q.querySelectorAll(\"button\");\n    buttons.forEach(b => b.classList.add(\"locked\"));\n    if (wasCorrect) {\n      buttons[chosenIndex].classList.add(\"correct\");\n    } else {\n      buttons[chosenIndex].classList.add(\"wrong\");\n      q.querySelector(\"[data-correct='true']\").classList.add(\"correct\");\n    }\n  }\n\n  \/\/ Restore saved answers on page load\n  const savedAnswers = loadState();\nquestions.forEach((q, qIndex) => {\n    const saved = savedAnswers[qIndex];\n    if (saved !== undefined) {\n      attempted++;\n      if (saved.correct) { correct++; }\n      else { wrong++; }\n      restoreQuestion(q, saved.chosenIndex, saved.correct);\n    }\n  });\n  score = parseFloat((correct * 1 - wrong * 0.0).toFixed(2));\n  updateUI();\n\n  \/\/ Attach click handlers\n  questions.forEach((q, qIndex) => {\n    q.querySelectorAll(\"button\").forEach((btn, btnIndex) => {\n      btn.addEventListener(\"click\", () => {\n        if (q.dataset.answered === \"true\") return;\n        q.dataset.answered = \"true\";\n        attempted++;\n\n        if (attempted > 10 && l_log == 0) {\n          $('#modal-signup').addClass('is-active');\n        }\n\n        q.querySelectorAll(\"button\").forEach(b => b.classList.add(\"locked\"));\n        const isCorrect = btn.dataset.correct === \"true\";\n\n if (isCorrect) {\n          btn.classList.add(\"correct\");\n          correct++;\n        } else {\n          btn.classList.add(\"wrong\");\n          wrong++;\n          q.querySelector(\"[data-correct='true']\").classList.add(\"correct\");\n        }\n        score = parseFloat((correct * 1 - wrong * 0.00).toFixed(2));\n\n        savedAnswers[qIndex] = { chosenIndex: btnIndex, correct: isCorrect };\n        saveState(savedAnswers);\n        updateUI();\n      });\n    });\n  });\n\n  updateUI();\n})();\n<\/script>\n\n<\/body>\n<\/html>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/jaiib\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">Explore JAIIB Online Courses<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-should-you-attempt-jaiib-afm-previous-year-paper\"><span class=\"ez-toc-section\" id=\"Why_should_you_attempt_JAIIB_AFM_Previous_Year_Paper\"><\/span>Why should you attempt JAIIB AFM Previous Year Paper?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The AFM exam is concept-heavy and includes numerical as well as theory-based questions. Many questions are repeated in different formats every year, especially from accounting principles, cash flow, and financial management. Practicing previous year quizzes helps you understand how questions are framed in the exam.<\/p>\n\n\n\n<p>It also improves your speed in solving numerical problems and builds confidence for the final exam. Banking professionals can use this quiz for smart revision instead of reading full chapters again. It is one of the most effective ways to score higher in JAIIB AFM.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_topics_are_covered_in_JAIIB_AFM_Module_A_Accounting_Principles_and_Processes\"><\/span>What topics are covered in JAIIB AFM Module A (Accounting Principles and Processes)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>JAIIB AFM Module A builds the foundation of accounting concepts used in banking operations. It includes accounting standards, bookkeeping, reconciliation, trial balance, depreciation, and audit-related topics. These topics are very important for understanding how financial records are maintained in banks.<\/p>\n\n\n\n<p>This module focuses on practical accounting knowledge used in daily banking work. It helps candidates understand how transactions are recorded, verified, and corrected. Questions from this module are usually direct and scoring if concepts are clear.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Units<\/strong><\/td><td><strong>Topics (Key Points)<\/strong><\/td><\/tr><tr><td>Definition, Scope &amp; Accounting Standards<\/td><td>Accounting concepts, GAAP, IFRS, Ind AS, transfer pricing<\/td><\/tr><tr><td>Basic Accountancy Procedures<\/td><td>Double entry system, accrual vs cash basis, revenue recognition<\/td><\/tr><tr><td>Cash Books &amp; Ledger<\/td><td>Journal entries, debit-credit rules, record keeping<\/td><\/tr><tr><td>Bank Reconciliation Statement<\/td><td>Cash book vs passbook, reconciliation process, adjustments<\/td><\/tr><tr><td>Trial Balance &amp; Errors<\/td><td>Error detection, rectification, suspense account<\/td><\/tr><tr><td>Depreciation Accounting<\/td><td>Methods like SLM, WDV, annuity, asset valuation<\/td><\/tr><tr><td>Capital &amp; Revenue Expenditure<\/td><td>Classification of expenses and receipts<\/td><\/tr><tr><td>Bills of Exchange<\/td><td>Types, due dates, accounting entries<\/td><\/tr><tr><td>Back Office Operations<\/td><td>Bank accounting systems and reconciliation<\/td><\/tr><tr><td>Bank Audit &amp; Inspection<\/td><td>Internal, statutory, and risk-based audits<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Also Check:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Study Plan<\/strong><\/td><td><strong>Study Plan<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/blog\/how-to-prepare-for-jaiib-ie-and-ifs-exam\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB IE And IFS Study Plan<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/how-to-prepare-for-jaiib-ppb\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB PPB Study Plan<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-afm-preparation\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB AFM Study Plan<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-rbwm-strategy\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB RBWM Study Plan<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_topics_are_covered_in_JAIIB_AFM_Module_B_Financial_Statements_and_Core_Banking_Systems\"><\/span>What topics are covered in JAIIB AFM Module B (Financial Statements and Core Banking Systems)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This module focuses on financial statements and company accounts. It helps candidates understand how balance sheets, cash flow statements, and profit &amp; loss accounts are prepared. It also includes core banking systems and computerized accounting used in modern banks.<\/p>\n\n\n\n<p>The module is important for both theory and practical application. Questions are often asked from financial statement preparation and analysis. Understanding this module helps in interpreting bank performance and financial health.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Units<\/strong><\/td><td><strong>Topics (Key Points)<\/strong><\/td><\/tr><tr><td>Balance Sheet Equation<\/td><td>Basic accounting equation and calculations<\/td><\/tr><tr><td>Final Accounts<\/td><td>Trial balance adjustments and financial statements<\/td><\/tr><tr><td>Company Accounts<\/td><td>Share capital, share issue, company structure<\/td><\/tr><tr><td>Cash Flow &amp; Funds Flow<\/td><td>Cash inflow\/outflow and financial movement<\/td><\/tr><tr><td>Banking Company Accounts<\/td><td>RBI norms, Basel-III disclosures, bank statements<\/td><\/tr><tr><td>Core Banking Systems<\/td><td>CBS, digital accounting, IT in banking<\/td><\/tr><tr><td>Computerised Accounting<\/td><td>Software systems, automation, security features<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_topics_are_covered_in_JAIIB_AFM_Module_C_Financial_Management\"><\/span>What topics are covered in JAIIB AFM Module C (Financial Management)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This module deals with financial decision-making and mathematical concepts in banking. It includes ratio analysis, bond valuation, interest calculations, capital budgeting, and working capital management. These topics are highly numerical and formula-based.<\/p>\n\n\n\n<p>Candidates must focus on practice and problem-solving for this module. It is one of the most scoring parts if formulas are well understood. Many questions are repeated from previous year papers.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Units<\/strong><\/td><td><strong>Topics (Key Points)<\/strong><\/td><\/tr><tr><td>Financial Management Basics<\/td><td>Risk-return, finance functions, ethics<\/td><\/tr><tr><td>Ratio Analysis<\/td><td>Profitability, liquidity, and efficiency ratios<\/td><\/tr><tr><td>Financial Mathematics<\/td><td>Interest, annuities, present &amp; future value<\/td><\/tr><tr><td>Bond Valuation<\/td><td>YTM, bond pricing, duration<\/td><\/tr><tr><td>Forex Arithmetic<\/td><td>Exchange rates, currency calculation<\/td><\/tr><tr><td>Cost of Capital<\/td><td>WACC, equity, debt, preference cost<\/td><\/tr><tr><td>Capital Budgeting<\/td><td>Investment decision techniques<\/td><\/tr><tr><td>Working Capital Management<\/td><td>Cash flow, credit, financing methods<\/td><\/tr><tr><td>Derivatives<\/td><td>Futures, options, swaps, FRA<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-pyps\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">Download JAIIB Previous Year Papers<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_topics_are_covered_in_JAIIB_AFM_Module_D_Taxation_and_Costing\"><\/span>What topics are covered in JAIIB AFM Module D (Taxation and Costing)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This module covers taxation and cost accounting concepts. It includes income tax, GST, TDS, budgeting, and costing methods used in financial decision-making. These topics are practical and often asked in objective questions.<\/p>\n\n\n\n<p>It is a scoring module if basics are clear. Questions are usually direct and based on definitions, calculations, and concepts. Regular practice helps in improving accuracy.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Units<\/strong><\/td><td><strong>Topics (Key Points)<\/strong><\/td><\/tr><tr><td>Income Tax &amp; TDS<\/td><td>Tax rules, deductions, filing returns<\/td><\/tr><tr><td>GST<\/td><td>Basic concepts, input tax credit<\/td><\/tr><tr><td>Cost Accounting<\/td><td>Cost classification, cost centre, cost control<\/td><\/tr><tr><td>Costing Methods<\/td><td>Job, batch, process, contract costing<\/td><\/tr><tr><td>Standard Costing<\/td><td>Variance analysis and benchmarks<\/td><\/tr><tr><td>Marginal Costing<\/td><td>CVP analysis, break-even point<\/td><\/tr><tr><td>Budgeting<\/td><td>Types of budgets, control system<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/jaiib-mock-test\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt A Free JAIIB Mock Test<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_most_important_AFM_topics_for_quick_revision\"><\/span>What are the most important AFM topics for quick revision?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Some topics are frequently repeated in JAIIB AFM exams and should be revised first. These topics cover a large portion of the paper and help in scoring better marks.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Accounting Concepts and Principles<\/li>\n\n\n\n<li>Bank Reconciliation Statement (BRS)<\/li>\n\n\n\n<li>Trial Balance and Error Rectification<\/li>\n\n\n\n<li>Cash Flow Statement<\/li>\n\n\n\n<li>Ratio Analysis<\/li>\n\n\n\n<li>Bond Valuation and YTM<\/li>\n\n\n\n<li>Cost of Capital (WACC)<\/li>\n\n\n\n<li>Capital Budgeting<\/li>\n\n\n\n<li>Income Tax and GST<\/li>\n\n\n\n<li>Marginal Costing<\/li>\n\n\n\n<li>Depreciation Methods<\/li>\n\n\n\n<li>Financial Statements of Companies<\/li>\n<\/ul>\n\n\n\n<p><strong>Also Check, <\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Related Topics<\/strong><\/td><td><strong>Link<\/strong><\/td><\/tr><tr><td>50 Most Repetitive JAIIB AFM MCQs<\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/most-repetitive-jaiib-afm-mcqs\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to Check <\/a><\/td><\/tr><tr><td>50 Most Repetitive JAIIB RBWM MCQs <\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/50-most-repetitive-jaiib-rbwm-mcqs\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to Check <\/a><\/td><\/tr><tr><td>50 Most Repetitive JAIIB IE &amp; IFS MCQs<\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/50-most-repetitive-jaiib-ie-ifs-mcqs\/?ref=contac-afm-pyp\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to Check <\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1779811169780\"><strong class=\"schema-faq-question\">1. Is AFM a difficult paper in JAIIB?<\/strong> <p class=\"schema-faq-answer\">It is moderate in level but requires strong concept clarity and practice.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1779811170785\"><strong class=\"schema-faq-question\">2. How many modules are there in JAIIB AFM?<\/strong> <p class=\"schema-faq-answer\">There are four modules: Accounting, Financial Statements, Financial Management, and Taxation &amp; Costing.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1779811171580\"><strong class=\"schema-faq-question\">3. Are numerical questions asked in AFM exam?<\/strong> <p class=\"schema-faq-answer\">Yes, especially from financial management and accounting topics.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1779811172118\"><strong class=\"schema-faq-question\">4. Which module is most important in AFM?<\/strong> <p class=\"schema-faq-answer\">Module C and Module D are highly scoring and important.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1779811172658\"><strong class=\"schema-faq-question\">5. Is AFM based on theory or practical questions?<\/strong> <p class=\"schema-faq-answer\">It includes both theory concepts and numerical problem-solving.<\/p> <\/div> <\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-ie-and-ifs-study-material\/\">JAIIB IE &amp; IFS Study Material, Download Notes and Quiz PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-study-material-2026\/\">JAIIB Study Material 2026, Download Subject Wise Notes, Quiz PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-ie-ifs-foreign-trade-policy\/\">Attempt JAIIB IE &amp; IFS Foreign Trade Policy Quiz, and Download PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-ie-ifs-economic-reforms\/\">Attempt JAIIB IE &amp; IFS Economic Reforms Quiz, and Download PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-ie-ifs-globalization-impact-on-india\/\">Attempt JAIIB IE and IFS Globalization &amp; Its Impact on India Quiz &amp; Free PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-ie-ifs-infrastructure-development\/\">JAIIB IE &amp; IFS Infrastructure Development Quiz &amp; Free PDF<\/a><\/li>\n<\/ul>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Preparing for the JAIIB AFM exam becomes much easier when you practice from Previous Year Papers and topic-based quizzes. Instead<\/p>\n","protected":false},"author":60,"featured_media":244708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10353,12093],"tags":[],"class_list":["post-151271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jaiib","category-previous-year-question","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Attempt JAIIB AFM Previous Year Practice Quiz, Download PDF<\/title>\n<meta name=\"description\" content=\"Download the JAIIB AFM Previous Year Question Paper based on the previous JAIIB cycles. Download the free PDF here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Attempt JAIIB AFM Previous Year Practice Quiz, Download PDF\" \/>\n<meta property=\"og:description\" content=\"Preparing for the JAIIB AFM exam becomes much easier when you practice from Previous Year Papers and topic-based quizzes. Instead of only reading theory,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/\" \/>\n<meta property=\"og:site_name\" content=\"Oliveboard\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Oliveboard\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-26T16:08:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-27T07:06:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/JAIIB-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Tripti Mishra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:site\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tripti Mishra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/\"},\"author\":{\"name\":\"Tripti Mishra\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/d85e63b0781e1a55771b9894184814a5\"},\"headline\":\"Attempt JAIIB AFM Previous Year Practice Quiz, Download PDF\",\"datePublished\":\"2026-05-26T16:08:06+00:00\",\"dateModified\":\"2026-05-27T07:06:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/\"},\"wordCount\":1801,\"publisher\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/JAIIB-1.webp\",\"articleSection\":[\"JAIIB\",\"Previous Year Question\"],\"inLanguage\":\"en-US\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/\",\"name\":\"Attempt JAIIB AFM Previous Year Practice Quiz, Download PDF\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/JAIIB-1.webp\",\"datePublished\":\"2026-05-26T16:08:06+00:00\",\"dateModified\":\"2026-05-27T07:06:10+00:00\",\"description\":\"Download the JAIIB AFM Previous Year Question Paper based on the previous JAIIB cycles. Download the free PDF here.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811169780\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811170785\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811171580\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172118\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172658\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#primaryimage\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/JAIIB-1.webp\",\"contentUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/JAIIB-1.webp\",\"width\":730,\"height\":480},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JAIIB-CAIIB \/ Promotion Exams\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/category\/jaiib-caiib-promotion\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"JAIIB\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/category\/jaiib-caiib-promotion\/jaiib\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"JAIIB AFM Previous Year Question Paper\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/\",\"name\":\"Oliveboard\",\"description\":\"Free Govt. Exam Alerts &amp; Resources\",\"publisher\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.oliveboard.in\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\",\"name\":\"Oliveboard\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png\",\"contentUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png\",\"width\":150,\"height\":40,\"caption\":\"Oliveboard\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Oliveboard\",\"https:\/\/x.com\/Oliveboard\",\"https:\/\/www.instagram.com\/oliveboard.in\/\",\"https:\/\/www.youtube.com\/channel\/UCRvrHAyNdOMI_JBkE2pjZtw?sub_confirmation=1\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/d85e63b0781e1a55771b9894184814a5\",\"name\":\"Tripti Mishra\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e9ff3153b7365669b619433e04937baec4da53cdb38c345d8283a33479dba3b6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e9ff3153b7365669b619433e04937baec4da53cdb38c345d8283a33479dba3b6?s=96&d=mm&r=g\",\"caption\":\"Tripti Mishra\"},\"description\":\"Hi, I'm Tripti, a senior content writer at Oliveboard, where I manage blog content along with community engagement across platforms like Telegram and WhatsApp. With 3+ years of experience in content and SEO optimization related to banking exams, I have led content for popular exams like SSC, banking, railway, and state exams.\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811169780\",\"position\":1,\"url\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811169780\",\"name\":\"1. Is AFM a difficult paper in JAIIB?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is moderate in level but requires strong concept clarity and practice.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811170785\",\"position\":2,\"url\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811170785\",\"name\":\"2. How many modules are there in JAIIB AFM?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There are four modules: Accounting, Financial Statements, Financial Management, and Taxation &amp; Costing.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811171580\",\"position\":3,\"url\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811171580\",\"name\":\"3. Are numerical questions asked in AFM exam?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, especially from financial management and accounting topics.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172118\",\"position\":4,\"url\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172118\",\"name\":\"4. Which module is most important in AFM?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Module C and Module D are highly scoring and important.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172658\",\"position\":5,\"url\":\"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172658\",\"name\":\"5. Is AFM based on theory or practical questions?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It includes both theory concepts and numerical problem-solving.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Attempt JAIIB AFM Previous Year Practice Quiz, Download PDF","description":"Download the JAIIB AFM Previous Year Question Paper based on the previous JAIIB cycles. Download the free PDF here.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/","og_locale":"en_US","og_type":"article","og_title":"Attempt JAIIB AFM Previous Year Practice Quiz, Download PDF","og_description":"Preparing for the JAIIB AFM exam becomes much easier when you practice from Previous Year Papers and topic-based quizzes. Instead of only reading theory,","og_url":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/","og_site_name":"Oliveboard","article_publisher":"https:\/\/www.facebook.com\/Oliveboard","article_published_time":"2026-05-26T16:08:06+00:00","article_modified_time":"2026-05-27T07:06:10+00:00","og_image":[{"width":730,"height":480,"url":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/JAIIB-1.webp","type":"image\/webp"}],"author":"Tripti Mishra","twitter_card":"summary_large_image","twitter_creator":"@Oliveboard","twitter_site":"@Oliveboard","twitter_misc":{"Written by":"Tripti Mishra","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#article","isPartOf":{"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/"},"author":{"name":"Tripti Mishra","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/d85e63b0781e1a55771b9894184814a5"},"headline":"Attempt JAIIB AFM Previous Year Practice Quiz, Download PDF","datePublished":"2026-05-26T16:08:06+00:00","dateModified":"2026-05-27T07:06:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/"},"wordCount":1801,"publisher":{"@id":"https:\/\/www.oliveboard.in\/blog\/#organization"},"image":{"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#primaryimage"},"thumbnailUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/JAIIB-1.webp","articleSection":["JAIIB","Previous Year Question"],"inLanguage":"en-US"},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/","url":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/","name":"Attempt JAIIB AFM Previous Year Practice Quiz, Download PDF","isPartOf":{"@id":"https:\/\/www.oliveboard.in\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#primaryimage"},"image":{"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#primaryimage"},"thumbnailUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/JAIIB-1.webp","datePublished":"2026-05-26T16:08:06+00:00","dateModified":"2026-05-27T07:06:10+00:00","description":"Download the JAIIB AFM Previous Year Question Paper based on the previous JAIIB cycles. Download the free PDF here.","breadcrumb":{"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811169780"},{"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811170785"},{"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811171580"},{"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172118"},{"@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172658"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#primaryimage","url":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/JAIIB-1.webp","contentUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/JAIIB-1.webp","width":730,"height":480},{"@type":"BreadcrumbList","@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.oliveboard.in\/blog\/"},{"@type":"ListItem","position":2,"name":"JAIIB-CAIIB \/ Promotion Exams","item":"https:\/\/www.oliveboard.in\/blog\/category\/jaiib-caiib-promotion\/"},{"@type":"ListItem","position":3,"name":"JAIIB","item":"https:\/\/www.oliveboard.in\/blog\/category\/jaiib-caiib-promotion\/jaiib\/"},{"@type":"ListItem","position":4,"name":"JAIIB AFM Previous Year Question Paper"}]},{"@type":"WebSite","@id":"https:\/\/www.oliveboard.in\/blog\/#website","url":"https:\/\/www.oliveboard.in\/blog\/","name":"Oliveboard","description":"Free Govt. Exam Alerts &amp; Resources","publisher":{"@id":"https:\/\/www.oliveboard.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.oliveboard.in\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.oliveboard.in\/blog\/#organization","name":"Oliveboard","url":"https:\/\/www.oliveboard.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png","contentUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png","width":150,"height":40,"caption":"Oliveboard"},"image":{"@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Oliveboard","https:\/\/x.com\/Oliveboard","https:\/\/www.instagram.com\/oliveboard.in\/","https:\/\/www.youtube.com\/channel\/UCRvrHAyNdOMI_JBkE2pjZtw?sub_confirmation=1"]},{"@type":"Person","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/d85e63b0781e1a55771b9894184814a5","name":"Tripti Mishra","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e9ff3153b7365669b619433e04937baec4da53cdb38c345d8283a33479dba3b6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e9ff3153b7365669b619433e04937baec4da53cdb38c345d8283a33479dba3b6?s=96&d=mm&r=g","caption":"Tripti Mishra"},"description":"Hi, I'm Tripti, a senior content writer at Oliveboard, where I manage blog content along with community engagement across platforms like Telegram and WhatsApp. With 3+ years of experience in content and SEO optimization related to banking exams, I have led content for popular exams like SSC, banking, railway, and state exams."},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811169780","position":1,"url":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811169780","name":"1. Is AFM a difficult paper in JAIIB?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"It is moderate in level but requires strong concept clarity and practice.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811170785","position":2,"url":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811170785","name":"2. How many modules are there in JAIIB AFM?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"There are four modules: Accounting, Financial Statements, Financial Management, and Taxation &amp; Costing.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811171580","position":3,"url":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811171580","name":"3. Are numerical questions asked in AFM exam?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, especially from financial management and accounting topics.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172118","position":4,"url":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172118","name":"4. Which module is most important in AFM?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Module C and Module D are highly scoring and important.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172658","position":5,"url":"https:\/\/www.oliveboard.in\/blog\/afm-previous-year-question-paper-pdf\/#faq-question-1779811172658","name":"5. Is AFM based on theory or practical questions?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"It includes both theory concepts and numerical problem-solving.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/151271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/comments?post=151271"}],"version-history":[{"count":5,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/151271\/revisions"}],"predecessor-version":[{"id":244744,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/151271\/revisions\/244744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/media\/244708"}],"wp:attachment":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/media?parent=151271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/categories?post=151271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/tags?post=151271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}