{"id":240264,"date":"2026-09-11T20:31:07","date_gmt":"2026-09-11T15:01:07","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=240264"},"modified":"2026-09-11T20:31:11","modified_gmt":"2026-09-11T15:01:11","slug":"jaiib-afm-numerical-practice-quiz","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/jaiib-afm-numerical-practice-quiz\/","title":{"rendered":"Attempt JAIIB AFM Numerical Practice Quiz and 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\/jaiib-afm-numerical-practice-quiz\/#Download_JAIIB_AFM_numerical_practice_quiz_PDF\" >Download JAIIB AFM numerical practice quiz PDF<\/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\/jaiib-afm-numerical-practice-quiz\/#Attempt_JAIIB_AFM_numerical_practice_quiz\" >Attempt JAIIB AFM numerical 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\/jaiib-afm-numerical-practice-quiz\/#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\/jaiib-afm-numerical-practice-quiz\/#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\/jaiib-afm-numerical-practice-quiz\/#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\/jaiib-afm-numerical-practice-quiz\/#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\/jaiib-afm-numerical-practice-quiz\/#What_does_the_JAIIB_AFM_numerical_practice_quiz_PDF_include\" >What does the JAIIB AFM numerical practice quiz PDF include?<\/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\/jaiib-afm-numerical-practice-quiz\/#How_will_numerical_practice_help_you_in_AFM_exam_preparation\" >How will numerical practice help you in AFM exam preparation?<\/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\/jaiib-afm-numerical-practice-quiz\/#Why_is_practicing_AFM_numerical_questions_important_for_bankers\" >Why is practicing AFM numerical questions important for bankers?<\/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\/jaiib-afm-numerical-practice-quiz\/#What_is_the_JAIIB_AFM_Accounting_and_Financial_Management_syllabus_2026\" >What is the JAIIB AFM (Accounting and Financial Management) syllabus 2026?<\/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\/jaiib-afm-numerical-practice-quiz\/#What_is_the_JAIIB_exam_pattern_2026\" >What is the JAIIB exam pattern 2026?<\/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\/jaiib-afm-numerical-practice-quiz\/#Download_JAIIB_important_MCQs_Free_PDF\" >Download JAIIB important MCQs Free PDF<\/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\/jaiib-afm-numerical-practice-quiz\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Most candidates for the <strong>JAIIB AFM paper<\/strong> are working banking professionals who handle loans, accounts, and daily financial tasks at their branches. However, solving structured numerical questions in an exam within a time limit can still feel difficult. The reason is simple knowing a concept in real work and applying it in an exam are different skills. That is why practicing focused numerical questions for AFM is important to improve speed, accuracy, and confidence.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-download-jaiib-afm-numerical-practice-quiz-pdf\"><span class=\"ez-toc-section\" id=\"Download_JAIIB_AFM_numerical_practice_quiz_PDF\"><\/span>Download JAIIB AFM numerical practice quiz PDF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Candidates can download the<a href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-afm-syllabus\/?ref=contac-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener\"> JAIIB AFM<\/a> numerical practice quiz PDF to practice anytime, anywhere covering 100 numerical questions with correct answers and their detailed solution. The direct link to download the PDF is provided below.<\/p>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><a href=\"https:\/\/www.oliveboard.in\/jaiib-numerical-practice-questions-pdf\/?ref=contac-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener\">Download Free PDF<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-attempt-jaiib-afm-numerical-practice-quiz\"><span class=\"ez-toc-section\" id=\"Attempt_JAIIB_AFM_numerical_practice_quiz\"><\/span>Attempt JAIIB AFM numerical practice quiz<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you want to clear JAIIB with confidence, do not ignore numerical questions. Regular practice will help you solve questions faster and reduce mistakes in the exam.<\/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 Numerical 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. A machine was purchased on 1st July for Rs.9,60,000. The company follows the Written Down Value (WDV) method of depreciation at 20% per annum. The financial year ends on 31st March. What is the depreciation charged for the first year?<\/p>\n  <button data-correct=\"false\">Rs.1,92,000<\/button>\n  <button data-correct=\"true\">Rs.1,44,000<\/button>\n  <button data-correct=\"false\">Rs.96,000<\/button>\n  <button data-correct=\"false\">Rs.80,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>2. A machine costing Rs.12,00,000 was purchased on 1st October. Depreciation is charged at 20% per annum under the Written Down Value method. The company closes books on 31st March. What is the depreciation charge for the first year?<\/p>\n  <button data-correct=\"false\">Rs.2,40,000<\/button>\n  <button data-correct=\"true\">Rs.1,20,000<\/button>\n  <button data-correct=\"false\">Rs.1,00,000<\/button>\n  <button data-correct=\"false\">Rs.60,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>3. A project requires an initial investment of Rs.10,00,000 and generates annual cash inflows of Rs.3,00,000 for 5 years. The cost of capital is 10%. The present value annuity factor at 10% for 5 years is 3.791. What is the NPV of the project?<\/p>\n  <button data-correct=\"true\">Rs.1,37,300<\/button>\n  <button data-correct=\"false\">Rs.3,79,100<\/button>\n  <button data-correct=\"false\">Rs.-2,08,700<\/button>\n  <button data-correct=\"false\">Rs.2,00,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>4. A capital project requires Rs.15,00,000 investment and generates uneven cash flows of Rs.4,00,000, Rs.5,00,000, Rs.6,00,000, and Rs.5,00,000 over four years. The cost of capital is 10%. PV factors are 0.909, 0.826, 0.751, and 0.683 respectively. What is the NPV of the project?<\/p>\n  <button data-correct=\"false\">Rs.1,02,000<\/button>\n  <button data-correct=\"true\">Rs.68,700<\/button>\n  <button data-correct=\"false\">Rs.-36,000<\/button>\n  <button data-correct=\"false\">Rs.2,15,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>5. A firm reports EBIT of Rs.18,00,000. Interest is Rs.4,50,000, annual principal repayment is Rs.3,00,000, tax rate is 30%, and depreciation is nil. Using DSCR = (PAT + Depreciation + Interest)\/(Interest + Principal Repayment), what is the DSCR?<\/p>\n  <button data-correct=\"false\">1.40<\/button>\n  <button data-correct=\"false\">1.67<\/button>\n  <button data-correct=\"true\">1.86<\/button>\n  <button data-correct=\"false\">2.40<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>6. A company used CAPM with risk-free rate 6%, market return 14%, and beta 1.2. What is the cost of equity?<\/p>\n  <button data-correct=\"false\">12.0%<\/button>\n  <button data-correct=\"false\">14.4%<\/button>\n  <button data-correct=\"true\">15.6%<\/button>\n  <button data-correct=\"false\">16.8%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>7. Risk-free rate is 6%, expected market return is 14%, and beta of the security is 1.25. What is the cost of equity using CAPM?<\/p>\n  <button data-correct=\"false\">14.0%<\/button>\n  <button data-correct=\"false\">15.0%<\/button>\n  <button data-correct=\"true\">16.0%<\/button>\n  <button data-correct=\"false\">16.5%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>8. A manufacturing entity set material standard at 5 kg per unit at Rs.20 per kg. Actual production was 1,000 units using 5,300 kg costing Rs.1,11,300. What is the material price variance?<\/p>\n  <button data-correct=\"false\">Rs.4,300 Adverse<\/button>\n  <button data-correct=\"false\">Rs.1,300 Adverse<\/button>\n  <button data-correct=\"false\">Rs.4,300 Favourable<\/button>\n  <button data-correct=\"true\">Rs.5,300 Adverse<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>9. Labour standard is 2 hours per unit at Rs.50 per hour. Actual output is 1,000 units and actual labour is 1,800 hours at Rs.55 per hour. What is the labour cost variance?<\/p>\n  <button data-correct=\"true\">Rs.1,000 Favourable<\/button>\n  <button data-correct=\"false\">Rs.9,000 Adverse<\/button>\n  <button data-correct=\"false\">Rs.10,000 Favourable<\/button>\n  <button data-correct=\"false\">Rs.5,000 Favourable<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>10. A production batch of 500 units incurred material cost of Rs.1,50,000 and labour cost of Rs.75,000. Overheads are absorbed at 60% of labour cost. What is the cost per unit?<\/p>\n  <button data-correct=\"false\">Rs.360<\/button>\n  <button data-correct=\"false\">Rs.375<\/button>\n  <button data-correct=\"false\">Rs.390<\/button>\n  <button data-correct=\"true\">Rs.540<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>11. A product sells for Rs.200 per unit with variable cost of Rs.140 per unit. Fixed costs are Rs.6,00,000. What is the break-even quantity in units?<\/p>\n  <button data-correct=\"false\">8,000<\/button>\n  <button data-correct=\"false\">9,000<\/button>\n  <button data-correct=\"true\">10,000<\/button>\n  <button data-correct=\"false\">12,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>12. A company&#8217;s capital structure consists of equity of Rs.40 lakh costing 15% and debt of Rs.60 lakh costing 10%. Corporate tax rate is 30%. What is the WACC?<\/p>\n  <button data-correct=\"false\">9.6%<\/button>\n  <button data-correct=\"true\">10.2%<\/button>\n  <button data-correct=\"false\">11.1%<\/button>\n  <button data-correct=\"false\">12.0%<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>13. An ordinary annuity pays Rs.50,000 annually for 6 years at 8% interest. The PV annuity factor is 4.623. What is the present value of the ordinary annuity?<\/p>\n  <button data-correct=\"true\">Rs.2,31,150<\/button>\n  <button data-correct=\"false\">Rs.2,50,000<\/button>\n  <button data-correct=\"false\">Rs.3,00,000<\/button>\n  <button data-correct=\"false\">Rs.2,70,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>14. An investor contributes Rs.50,000 at the end of each year for 5 years at an interest rate of 10%. The PV annuity factor is 3.791. What is the present value of the ordinary annuity?<\/p>\n  <button data-correct=\"false\">Rs.1,75,000<\/button>\n  <button data-correct=\"true\">Rs.1,89,550<\/button>\n  <button data-correct=\"false\">Rs.2,10,000<\/button>\n  <button data-correct=\"false\">Rs.2,50,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>15. Under the same conditions as above (Rs.50,000 annually, 10% for 5 years, PV factor 3.791), the investor contributes at the beginning of each year instead of the end. What is the present value of the annuity due?<\/p>\n  <button data-correct=\"false\">Rs.1,89,550<\/button>\n  <button data-correct=\"true\">Rs.2,08,505<\/button>\n  <button data-correct=\"false\">Rs.2,25,000<\/button>\n  <button data-correct=\"false\">Rs.2,50,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>16. A firm capitalised reserves to issue bonus shares in 1:2 ratio. Paid-up capital before bonus was Rs.60,00,000. What is the amount capitalised for the bonus issue?<\/p>\n  <button data-correct=\"false\">Rs.20,00,000<\/button>\n  <button data-correct=\"true\">Rs.30,00,000<\/button>\n  <button data-correct=\"false\">Rs.40,00,000<\/button>\n  <button data-correct=\"false\">Rs.60,00,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>17. A company has paid-up equity capital of Rs.8 crore and free reserves of Rs.12 crore. It announces a bonus issue in the ratio of 1:4. What amount will be capitalised for issuing bonus shares?<\/p>\n  <button data-correct=\"false\">Rs.1.6 crore<\/button>\n  <button data-correct=\"true\">Rs.2.0 crore<\/button>\n  <button data-correct=\"false\">Rs.3.2 crore<\/button>\n  <button data-correct=\"false\">Rs.4.0 crore<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>18. A company forfeited 10,000 shares of Rs.10 each for non-payment of allotment money of Rs.3 per share. Application money of Rs.5 per share had been received. The shares were later reissued at Rs.8 per share as fully paid. What amount is transferred to capital reserve?<\/p>\n  <button data-correct=\"false\">Rs.10,000<\/button>\n  <button data-correct=\"false\">Rs.20,000<\/button>\n  <button data-correct=\"true\">Rs.30,000<\/button>\n  <button data-correct=\"false\">Rs.50,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>19. A company issued 10,000 shares of Rs.10 each at par. Application money Rs.3 and allotment money Rs.4 per share were received. Final call of Rs.3 per share was not paid, leading to forfeiture. What amount is credited to the forfeited shares account?<\/p>\n  <button data-correct=\"false\">Rs.30,000<\/button>\n  <button data-correct=\"false\">Rs.40,000<\/button>\n  <button data-correct=\"true\">Rs.70,000<\/button>\n  <button data-correct=\"false\">Rs.1,00,000<\/button>\n<\/div>\n\n<div class=\"question\" data-answered=\"false\">\n  <p>20. Market price of a company&#8217;s share is Rs.180 and earnings per share is Rs.9. What is the price-earnings ratio?<\/p>\n  <button data-correct=\"false\">15<\/button>\n  <button data-correct=\"false\">18<\/button>\n  <button data-correct=\"true\">20<\/button>\n  <button data-correct=\"false\">22<\/button>\n<\/div>\n\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 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It includes practical banking problems, key formulas, high-weightage topics, and simple explanations to help banking professionals improve their calculation and problem-solving skills.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-will-numerical-practice-help-you-in-afm-exam-preparation\"><span class=\"ez-toc-section\" id=\"How_will_numerical_practice_help_you_in_AFM_exam_preparation\"><\/span>How will numerical practice help you in AFM exam preparation?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Numerical questions require clarity of concepts and strong calculation skills. Practicing them regularly can improve your overall performance.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Improves Calculation Speed:<\/strong> Helps solve AFM numericals faster through regular practice. <\/li>\n\n\n\n<li><strong>Improves Accuracy:<\/strong> Reduces calculation mistakes in Accounting and Financial Management questions. <\/li>\n\n\n\n<li><strong>Supports Time Management:<\/strong> Helps improve speed and manage exam time effectively. <\/li>\n\n\n\n<li><strong>Strengthens Formula Application:<\/strong> Makes important AFM formulas easier to understand and apply. <\/li>\n\n\n\n<li><strong>Builds Exam Confidence:<\/strong> Regular practice improves confidence and problem-solving skills.<\/li>\n<\/ul>\n\n\n\n<p>Also Download: <a href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-pyps\/?ref=contac-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB Previous Year Papers<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-is-practicing-afm-numerical-questions-important-for-bankers\"><span class=\"ez-toc-section\" id=\"Why_is_practicing_AFM_numerical_questions_important_for_bankers\"><\/span>Why is practicing AFM numerical questions important for bankers?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In banking roles, you often deal with numbers, calculations, and financial decisions. Numerical practice helps you build these practical skills.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Helps in real-life financial calculations<\/li>\n\n\n\n<li>Improves decision-making ability<\/li>\n\n\n\n<li>Strengthens understanding of financial data<\/li>\n\n\n\n<li>Makes you exam-ready for calculation-based questions<\/li>\n\n\n\n<li>Reduces confusion during the exam<\/li>\n<\/ul>\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-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener\">Explore JAIIB Online Courses<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-the-jaiib-afm-accounting-and-financial-management-syllabus-2026\"><span class=\"ez-toc-section\" id=\"What_is_the_JAIIB_AFM_Accounting_and_Financial_Management_syllabus_2026\"><\/span>What is the JAIIB AFM (Accounting and Financial Management) syllabus 2026?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Paper 3 of JAIIB is Accounting and Financial Management. The paper consists of a total of 4 modules as listed below:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Accounting Principles and Processes&nbsp;<\/li>\n\n\n\n<li>Financial Statement and Core Banking Systems<\/li>\n\n\n\n<li>Financial Management&nbsp;<\/li>\n\n\n\n<li>Taxation and Fundamentals of Costing.<\/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 RBWM MCQs<\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/50-most-repetitive-jaiib-rbwm-mcqs\/?ref=contac-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to Check<\/a><\/td><\/tr><tr><td>50 Most Repetitive JAIIB PPB MCQs<\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/50-most-repetitive-jaiib-ppb-mcqs\/?ref=contac-jblog-cpq-afm\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Click here<\/a><a href=\"https:\/\/www.oliveboard.in\/blog\/50-most-repetitive-jaiib-ppb-mcqs\/?ref=contac-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> <\/a><a href=\"https:\/\/www.oliveboard.in\/blog\/50-most-repetitive-jaiib-ppb-mcqs\/?ref=contac-jblog-cpq-afm\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">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-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener\">Click here to Check<\/a><\/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-jblog-npq-afm\" 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-what-is-the-jaiib-exam-pattern-2026\"><span class=\"ez-toc-section\" id=\"What_is_the_JAIIB_exam_pattern_2026\"><\/span>What is the JAIIB exam pattern 2026?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is important for the bankers to know the detailed exam pattern of the exam they are going to appear in. The detailed <a href=\"https:\/\/www.oliveboard.in\/jaiib-exam-pattern\/?ref=contac-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB AFM Exam Pattern<\/a> are as follow:<\/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><strong>Subject<\/strong><\/td><td>Accounting and Financial Management<\/td><\/tr><tr><td><strong>No. of Questions<\/strong><\/td><td>100<\/td><\/tr><tr><td><strong>Total Marks<\/strong><\/td><td>100<\/td><\/tr><tr><td><strong>Duration<\/strong><\/td><td>2 hours<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The JAIIB AFM paper consists of 100 questions for a total of 100 marks. There is no negative marking for incorrect or unattempted questions, and the duration of the paper is 2 hours.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-download-jaiib-important-mcqs-free-pdf\"><span class=\"ez-toc-section\" id=\"Download_JAIIB_important_MCQs_Free_PDF\"><\/span>Download JAIIB important MCQs Free PDF<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Also, download the JAIIB important MCQs free PDF here:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Study Material<\/strong><\/td><td><strong>Study Material<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/jaiib-ie-ifs-questions\/?ref=contac-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB IE and IFS Important Questions PDF<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/jaiib-ppb-questions\/?ref=contac-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB PPB Important Questions PDF<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/www.oliveboard.in\/jaiib-afm-questions\/?ref=contac-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB AFM Important Questions PDF<\/a><\/td><td><a href=\"https:\/\/www.oliveboard.in\/jaiib-rbwm-questions\/?ref=contac-jblog-npq-afm\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB RBWM Important Questions PDF<\/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-1774332885801\"><strong class=\"schema-faq-question\">1. What is the JAIIB AFM numerical practice quiz?<\/strong> <p class=\"schema-faq-answer\">A set of calculation-based questions to improve your AFM numerical skills.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1774332886739\"><strong class=\"schema-faq-question\">2. <strong>Does the quiz follow the latest exam pattern?<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes, it is designed according to the current JAIIB AFM exam format.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1774332887315\"><strong class=\"schema-faq-question\">3. Which topics are covered in the numerical quiz?<\/strong> <p class=\"schema-faq-answer\">Topics include ratio analysis, time value of money, budgeting, and working capital.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1774332888131\"><strong class=\"schema-faq-question\">4. Does the quiz include explanations for answers?<\/strong> <p class=\"schema-faq-answer\">Yes, each question comes with detailed step-by-step explanations.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1774332888667\"><strong class=\"schema-faq-question\">5. How will practicing numericals help in the exam?<\/strong> <p class=\"schema-faq-answer\">It improves speed, accuracy, and confidence in solving calculation-based questions.<\/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-pyps\/\">JAIIB 2026 Previous Year Papers, Download Free PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-ppb-numerical-practice-quiz\/\">Attempt JAIIB PPB Numerical Practice Quiz &amp; Download Free PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-afm-numerical-practice-quiz\/\">Attempt JAIIB AFM Numerical Practice Quiz and Download PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-ie-and-ifs-practice-quiz\/\">Attempt JAIIB IE &amp; IFS Numerical Practice Quiz &amp; Download PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-ppb-repeated-topics\/\">JAIIB PPB November 2026, Important Topics to Qualify<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-ppb-strategy\/\">JAIIB PPB Strategy 2026, Crack JAIIB PPB Exam in 1st Attempt<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Most candidates for the JAIIB AFM paper are working banking professionals who handle loans, accounts, and daily financial tasks at<\/p>\n","protected":false},"author":58,"featured_media":240279,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10353],"tags":[],"class_list":["post-240264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jaiib","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 Numerical Practice Quiz and Download PDF<\/title>\n<meta name=\"description\" content=\"Attempt the JAIIB AFM numerical practice quiz to check your preparation level, and download the free PDF with 200 AFM numerical questions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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I work as a Content Writer at Oliveboard, where I have been simplifying exam-related content for the past 4 years. I create clear and easy-to-understand guides for JAIIB, CAIIB, and UGC exams. My work includes breaking down notifications, admit cards, and exam updates, as well as preparing study plans and subject-wise strategies. My goal is to support working professionals in managing their exam preparation alongside a full-time job and to help them achieve career growth.\",\"sameAs\":[\"www.linkedin.com\/in\/aditi-chakraborty-131b3b379\"]},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/jaiib-afm-numerical-practice-quiz\/#faq-question-1774332885801\",\"position\":1,\"url\":\"https:\/\/www.oliveboard.in\/blog\/jaiib-afm-numerical-practice-quiz\/#faq-question-1774332885801\",\"name\":\"1. 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What is the JAIIB AFM numerical practice quiz?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"A set of calculation-based questions to improve your AFM numerical skills.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/jaiib-afm-numerical-practice-quiz\/#faq-question-1774332886739","position":2,"url":"https:\/\/www.oliveboard.in\/blog\/jaiib-afm-numerical-practice-quiz\/#faq-question-1774332886739","name":"2. Does the quiz follow the latest exam pattern?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, it is designed according to the current JAIIB AFM exam format.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/jaiib-afm-numerical-practice-quiz\/#faq-question-1774332887315","position":3,"url":"https:\/\/www.oliveboard.in\/blog\/jaiib-afm-numerical-practice-quiz\/#faq-question-1774332887315","name":"3. 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