JAIIB 2025: Solved Previous Year’s Questions and Important Topics

Below you can download the subject-wise previous years’ question papers of JAIIB exam along with answer keys in a PDF format.

JAIIB May-June 2024: Component-wise Solved PYQs
Indian Economy and Indian Financial System (IE&IFS)	Download as PDF
Principles and Practices of Banking (PPB)
Accounting & Financial Management for Bankers (AFM)
Retail Banking and Wealth Management (RBWM)

JAIIB October 2023: Component-wise Solved PYQs
Indian Economy and Indian Financial System (IE&IFS)	Download as PDF
Principles and Practices of Banking (PPB)
Accounting & Financial Management for Bankers (AFM)
Retail Banking and Wealth Management (RBWM)

JAIIB May 2023: Component-wise Solved PYQs
Indian Economy and Indian Financial System (IE&IFS)	Download as PDF
Principles and Practices of Banking (PPB)
Accounting & Financial Management for Bankers (AFM)
Retail Banking and Wealth Management (RBWM)

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Indian Economy and Indian Financial System (IE&IFS)

We have analysed the previous year’s questions of IE&IFS to help you understand its difficulty level, important modules, etc. Here is our analysis:

JAIIB IE&IFS: PYQs Analysis

The difficulty level of the JAIIB IE&IFS paper is moderate to difficult.
The paper can be lengthy as statement-based questions are often asked, which takes time to solve.
Conceptual and odd-one-out types of questions can also be asked.
A few numerical questions can also be asked from topics like the Consumer Price Index.

JAIIB IE&IFS: Most Important Topics

Based on our analysis, here are the most important topics for the JAIIB IE&IFS paper.

1. Module A: Indian Economic Architecture

S.No.	Chapters	Topics
1	An Overview of the Indian Economy	Basic Characteristics of Indian Economy – World Bank Classification Economy till 2008 & after 2008 – Hindu Rate & Growth
2	Sectors of the Indian Economy	Role & Importance of Primary, Secondary & Tertiary Sector Sunrise Sector of Indian Economy
3	Economic Planning in India and NITI Aayog	Five Years Plans in India NITI Aayog – Strategy for New India @ 75
4	Role of Priority Sector and MSME in the Indian Economy	List of Priority Sectors Identified in India & PSL Targets
5	Infrastructure including Social Infrastructure	Energy Power, Transport system viz., Rail, Road, Civil Aviation – Initiative given
6	Economic Reforms	Economic Transformation – Financial Sector – Narasimham Committee
7	Foreign Trade Policy, Foreign Investments, and Economic Development	FDIs, FIIS, and Recent Trends
8	Climate Change, Sustainable Development Goals (SDGs)	India’s progress in SDGs, including Climate change, CSR Activities – Initiatives, CoP 26, CSR

2. Module B: Economic Concepts Related to Banking

S.No.	Chapters	Topics
1	Fundamentals of Economics, Microeconomics, Macroeconomics, and Types of Economies	Economics – An Introduction – The Three Definitions
2	Supply and Demand	Forces Behind the Demand Curve
3	Money Supply and Inflation	Money Supply – Measures, Money Multiplier, Velocity, Characteristics of Currency Measures of Inflation – CPI, WPI, GDP Deflator
4	Theories of Interest	Keynes’ Liquidity Preference Theory of Rate of Interest Effect of Fiscal and Monetary
5	Business Cycles	Characteristics of a Business Cycle
6	Monetary Policy and Fiscal Policy	GDP and Related Concepts Utility
7	National Income and GDP Concepts	FDIs, FIIS, and Recent Trends
8	Union Budget	Expenditure & Receipts

3. Module C: Indian Financial Architecture

S.No.	Chapters	Topics
1	Indian Financial System – An overview	Phase I & II: Bank Nationalisation
2	Indian Banking Structure	Types of Banks
3	Banking Regulation Act, 1949 and RBI Act, 1934	RBI Act, 1934 – Paid-up Capital and Board of Directors Banking Regulation Act, 1949
4	Development Financial Institutions	Evolution of DFIs National Bank for Financing Infrastructure and Development (NaBFID)
5	Micro Finance Institutions	Evolution of Microfinance in India and PSL norms SHG-Bank Linkage
6	Non-Banking Financial Companies	NBFS Definition and types
7	Insurance Companies	Privatisation and Foreign Direct Investment (FDI) in Insurance Sector
8	Reforms & Developments in the Banking Sector	Bad Bank

4. Module D: Financial Products and Services

S.No.	Chapters	Topics
1	Overview of Financial Markets	Price Discovery
2	Money Markets and Capital Markets	Notice Money and Term Money Repo, LTRO, TLTRO
3	Fixed Income Markets – Debt/Bond Markets	Bond Valuation and Theorems Derivatives Association of India RBI Retail Direct Scheme (RDS)
4	Forex Markets	Foreign Exchange Management Act (FEA), 1999
5	Interconnection of various markets/Market Dynamics	Asian Clearing Union
6	Merchant Banking Services	Definition and SEBI Regulations
7	Factoring, Forfaiting & TreDS	Definition & Types
8	Venture Capital	Concept of Venture Capital, Stages & Exit routes
9	Leasing and Hire Purchase	Definition, Types, and Parties Involved
10	Credit Rating Agencies and Their Functions	Credit Rating Agency (CRAs) – Definition & History
11	Insurance Products & Ch43. Pension Funds (include APY, NPS)	Government Products – Insurance (PMJJBY, PMSBY) & Pension (APT, PPF, NPS)
12	Real Estate Investment Funds/ Infrastructure Investment Fund	REITs & InvITs – Definition & Types

Principles and Practices of Banking (PPB)

We have analysed the previous year’s questions of PPB to help you understand its difficulty level, important modules, etc. Here is our analysis:

JAIIB PPB: PYQs Analysis

The paper’s difficulty level is generally moderate.
Maximum questions can easily be solved by using the option elimination method.

JAIIB PPB: Most Important Topics

Based on our analysis, here are the most important topics for the JAIIB PPB paper.

1. Module A: General Banking Operations

S.No.	Chapters	Topics
1	Banker-Customer Relationship	Banker-Customer Relationship
2	AML-KYC Guidelines	PMLA, Reporting Obligations
3	Operational Aspects of KYC	KYC-Individuals
4	Opening A/C of Various types of Customers	Individuals, KJoint, Illiterate, Blind, Minor, Partnership, LLP
5	Operational Aspects ofDeposit A/Cs	Operational Instructions in Joint Accounts, Attachment Orders
6	Operational Aspects of Handling Cash	CTS
7	Banker’s Special Relationship	Mandate, POA, Lien, Appropriation
8	Dorex Remittance Facilities for Individuals	LRS, Outward Remittances
9	Aspects of NRI Business	NRE, NRO, FCNR, SNRR
10	Foreign Currency A/Cs for Residents	Foreign Currency Denomination A/Cs
11	Payment and collection of Cheques and other Negotiable Instruments	NIA, Paying & Collecting Bank Duties, Endorsement, Crossing, and Dishonour
12	Ancillary Services	Demand Draft Locker
13	Duties & Rights of a Banker and Customer	Termination of BCSBI Codes
14	Grievance Redressal & RBI Integrated Ombudsman Scheme	Ombudsman Scheme
15	The Consumer Protection Act, 2019	Product Liability, Councils, Commissions
16	Right to Information Act, 2005	PIOs, Anneals, Public Authority

2. Module B: Functions of Banks

S.No.	Chapters	Topics
1	Principle of Lending	Types of Borrowers, Credit facilities
2	Appraisal & Assessment of Credit Facilities	Only Definitions
3	Operational Aspects of Loan Accounts	Common Loan Products
4	Types of Collaterals & Their Characteristics	Immovable Property, LTV ratios, nature of charge created
5	Different Modes of Charging Securities	Full Chapter
6	NPAs/Stressed Assets	Asset classification, SMA, Wilful Defaulters (Table)
7	Important Laws Relating to Recovery of Dues	Basics of Acts
8	Contracts of Guarantee	Types of Guarantee
9	Contract of Indemnity	Full Chapter
10	Letters of Credit	Types, Documents
11	Laws Relating to Bill Finance	Classification of Bills
12	Priority Sector Advances	Targets/Sub-Targets & Categories
13	Agricultural Finance	KCC, PMFBY, MSP
14	MSMEs in India	Classification, TreDS, PM savNIDHI
15	Government Sponsored Scheme	In News
16	GHGs	Full Chapter

3. Module C: Banking Technology

S.No.	Chapters	Topics
1	Essential of Bank Computerisation	Networking Technology, definitions
2	ADC-Digital Banking	ATM, Electromagnetics Cards, Net Banking
3	Data Communication Network and EFT Systems	NEFT, RTGS, SWIFT, Definitions
4	Digital Payment System – NPCI	Full Chapter
5	Technology Trends in Banking	AI, Chatbots, Blockchains, Crypto, VR, AR, 5G
6	Security Considerations	Vising, Smishing, Malware, Phishing

4. Module D: Ethics in Banking & Financial Institutions

S.No.	Chapters	Topics
1	Ethics, Business Ethics & Banking	Ethics & Value
2	Ethics at Individual Level	Golden Rule, Ethical Dilemmas
3	Ethics Dimensions – Employees	Insider Trading, Job discrimination
4	Work Ethics and the Workplace	Whistleblowing

Accounting & Financial Management for Bankers (AFM)

We have analysed the previous year’s questions of AFM to help you understand its difficulty level, important modules, etc. Here is our analysis:

JAIIB AFM: PYQs Analysis

The paper’s difficulty level is generally moderate.
Numericals can be asked from simple topics such as cash flow, depreciation, etc.
Candidates should prepare for conceptual questions from Modules A and D.

JAIIB AFM: Most Important Topics

Based on our analysis, here are the most important topics for the JAIIB AFM paper.

1. Module A: Accounting Principles & Processes

S.No.	Chapters	Topics
1	Definition, Scope, and Accounting Standards, including IndAS	Accounting Standards
2	Basic Accountancy Procedures	Concepts of Accountancy
3	Maintenance of Cash/Subsidiary Books and Ledger	Rules of Debit & Credit
4	Bank Reconciliation Statement	Bank Reconciliation Statement
5	Trial Balance, Rectification of Errors and Adjusting & Closing Entries	Types of Errors & Suspense Accounts
6	Depreciation & its Accounting	Different Methods of Depreciation
7	Capital & Revenue Expenditure	Examples of Capital & Revenue Expenditure
8	Bills of Exchange	Important Terms Related to Bills of Exchange
9	Back Office Functions/Handling Unreconciled Entries in Banks	Reconciliation of Inter Branch/Office Entries
10	Bank Audit & Inspection	Types of Bank Audits & Their Details

2. Module B: Financial Statement and Core Banking Systems

S.No.	Chapters	Topics
1	Preparation of Final Accounts	Preparation of Balance Sheet and Profit & Loss Account
2	Company Accounts – I	Definition & Types of Companies
3	Company Accounts – II	Form of Balance Sheet
4	Cash Flow & Funds Flow	Components of Cash Flow
5	Final Accounts of Banking Companies	Preparation of Final Systems & Disclosure Requirements
6	Core Banking Systems & Accounting in Computerised	Terms, Advantages & Disadvantages of Computerised Accounting

3. Module C: Financial Management

S.No.	Chapters	Topics
1	Financial Management – An Overview	Principles, Risk Return Trade-Off, Ethics & Social Responsibility
2	Ratio Analysis	Different Types of Ratios
3	Financial Mathematics – Calculation of Interest and Annuities	Calculation of Simple & Compound Interest and Definition of Annuities
4	Financial Mathematics – Calculation of YTM	Bond Theorems, Bond Price Volatility
5	Capital Structure & Cost of Capital	Approaches and Weighted Average Cost of Capital
6	Equipment Leasing/Lease Financing	Types of Leases
7	Working Capital Management	Working Capital Cycle
8	Derivatives	Types of Derivatives

4. Module D: Taxation & Fundamentals of Costing

S.No.	Chapters	Topics
1	Taxation: Income Tax/TDS/Deferred Tax	TCS, TDS, and Deductions
2	An Overview of Cost & Management Accounting	Methods & Significance of Cost & Management Accounting
3	Costing Methods	Applications of Costing Methods
4	Standard Costing	Applications of Standard Methods
5	Marginal Costing	Profit Volume Ratio & its Significance
6	Budget & Budgetary Control	Types of Budget

Retail Banking and Wealth Management (RBWM)

We have analysed the previous year’s questions of RBWM to help you understand its difficulty level, important modules, etc. Here is our analysis:

JAIIB RBWM: PYQs Analysis

The difficulty level of this paper is generally moderate.
The paper for May 2023 included 2 case studies.

JAIIB RBWM: Most Important Topics

Based on our analysis, here are the most important topics for the JAIIB RBWM paper.

1. Module A: Retail Banking

S.No.	Chapters	Topics
1	Retail Banking: Introduction	Characteristics, advantages, and constraints in Retail Banking
2	Retail Banking: Role within the Bank Operations	Business Models
3	Applicability of Retail Banking Concepts and Distinction between Retail and Corporate/Wholesale Banking	Distinction between Retail and Corporate/ Wholesale Banking
4	Branch Profitability	Categories of Profit, Return on Asset, Return on Equity, Branch Operating Efficiency, Factors affecting profitability

2. Module B: Retail Products and Recovery

S.No.	Chapters	Topics
1	Customer Requirements	Maslow’s Theory
2	Product Development Process	Product Life Cycle, Debit or Credit Products, Third Party Products, Product Management
3	Credit Scoring	Credit Scoring Model, Credit Information Companies in India, Issues in Credit Scoring
4	Important Retail Liability Products	Types of deposits
5	Important Retail Asset products	PMAY, Types of Loans
6	Credit and Debit Cards	Co-Branded Cards
7	Remittance Products	NEFT, RTGS, ECS, NACH, BBPS, AePS
8	Digitisation of Retail banking Products	IDRBT, INFINET, SFMS, ISCC, NFS
9	Role of AI and Technology in Retail Banking Products	Benefits of AI in Retail Banking
10	Recovery of Retail Loans	SARFAESIAct, DRT, Lok Adalat
11	Management Information Systems	Role of MIS in Banking Industry
12	Securitisation	Securitisation of Assets

3. Module C: Support Services – Marketing of Banking Services/Products

S.No.	Chapters	Topics
1	Marketing: An Introduction	Marketing Mix
2	Delivery Channels in Retail Banking	Channel Experience, Internet Banking
3	Delivery Models	Direct Selling Agents, Dedicated Marketing Managers
4	Customer Relationship Management in Retail Banking	Implementation of Process of CRM, Benefits of CRM
5	Service Standards for Retail Banking	BCSBI Customer Grievance Handling
6	Marketing Information System: A Longitudinal Analysis	Functions of MKIS

4. Module D: Wealth Management

S.No.	Chapters	Topics
1	Importance of Wealth Management	Instruments of Wealth Management
2	Investment Management	Portfolio Management
3	Tax Planning	All Topics
4	Other Financial Services Provided by Banks	All Topics

Frequently Asked Questions (FAQs)

1. Are PYQs sufficient for JAIIB 2025 preparation?

No, only PYQs are not sufficient for your JAIIB preparation. PYQs should be supplemented with comprehensive study materials, an understanding of concepts, and regular practice to ensure a well-rounded preparation for the JAIIB exam.

2. What is the time required to complete the syllabus?

On average, dedicating 2 hours daily for 1.5 months per subject is a good preparation strategy for JAIIB. However, keep in mind that this is a general estimate and can vary based on individual strengths and weaknesses.

3. Do the actual exam questions repeat from JAIIB previous year questions?

While exact questions may not repeat, practising PYQs familiarises you with the question format and helps you anticipate the types of questions likely to be asked.

4. Where can I find official updates and notifications regarding the JAIIB exam?

Official updates and notifications about the JAIIB exam can be found on the official website of the Indian Institute of Banking & Finance: www.iibf.org.in.