When is the JAIIB PPB paper in the November 2026 cycle?

Principles & Practices of Banking is Paper 2 of the November 2026 cycle, on 22 November 2026 (IIBF's published date). Like every JAIIB paper it is online, about 100 multiple-choice questions for 100 marks in 2 hours, with no negative marking. The passing mark is 50 in the subject (or 45 with a 50% aggregate across all four papers in one attempt).

Which PPB units have changed because of new law or RBI rules?

Since the textbook was printed, rules behind questions in 11 units have changed; on those unit pages the affected questions carry a "Law update, September 2026" line giving both the textbook answer and the current position (e.g. Unit 3 — Operational Aspects of KYC; Unit 5 — Operational Aspects of Deposit Accounts; Unit 16 — Financial Inclusion and Financial Literacy). The exam still follows the textbook unless a question says "currently" — our unit pages show which is which.

Home › JAIIB › PPB

JAIIB 2026 · Paper 2 · 22 November 2026

JAIIB Principles & Practices of Banking: Syllabus, Units and Free MCQs (2026)

By Swarnakshi Jha (ex-banker) · Updated 20 September 2026

Principles & Practices of Banking (PPB) is the largest paper by syllabus — banker–customer relationship, KYC/AML, deposits, credit, security, priority sector, banking technology and ethics. Below is the complete unit map of the IIBF syllabus, and for every unit a free page with the key facts, five solved questions and the traps — drawn from the 3,280 questions on this paper in our Mock Centre.

Paper 2 · 22 November 2026~100 MCQs · 100 marks · 2 hoursNo negative marking55 units · 3,280 solved MCQs

Not sure how ready you are for PPB? Take the free 10-question test (real exam interface, instant explanations) — if PPB is your weak paper it recommends the single-subject pass instead of the full bundle.

Unit-wise syllabus with free MCQs

Module A — General Banking Operations

Unit	Title	MCQs in the bank	Free
1	Banker-Customer Relationship	95	5 free MCQs
2	AML-KYC Guidelines	102	5 free MCQs
3	Operational Aspects of KYC	97	5 free MCQs
4	Opening Accounts of Various Types of Customers	107	5 free MCQs
5	Operational Aspects of Deposit Accounts	94	5 free MCQs
6	Operational Aspects of Handling Clearing, Collection & Cash	100	5 free MCQs
7	Banker's Special Relationship	59	5 free MCQs
8	Foreign Exchange Remittance Facilities for Individuals	61	5 free MCQs
9	Operational Aspects of NRI Business	53	5 free MCQs
10	Foreign Currency Accounts for Residents and Other Aspects	55	5 free MCQs
11	Cash Management Services and its Importance	47	5 free MCQs
12	Payment and Collection of Cheques and Other Negotiable Instruments	72	5 free MCQs
13	Responsibility of Paying Bank	44	5 free MCQs
14	Responsibility of Collecting Bank	43	5 free MCQs
15	Ancillary Services	43	5 free MCQs
16	Financial Inclusion and Financial Literacy	60	5 free MCQs
17	Customer Service Guidelines	53	5 free MCQs
18	Duties and Rights of a Banker and Customer Rights	45	5 free MCQs
19	Grievance Redressal and RBI Integrated Ombudsman Scheme 2021	60	5 free MCQs
20	The Consumer Protection Act 2019	90	5 free MCQs
21	The Right to Information Act 2005	56	5 free MCQs

Module B — Functions of Banks

Unit	Title	MCQs in the bank	Free
22	Principles of Lending, Types of Borrowers and Credit Facilities	64	5 free MCQs
23	Appraisal and Assessment of Credit Facilities	88	5 free MCQs
24	Operational Aspects of Loan Accounts	91	5 free MCQs
25	Types of Collaterals and Their Characteristics	91	5 free MCQs
26	Different Modes of Charging Securities	95	5 free MCQs
27	Documentation	59	5 free MCQs
28	Non-Performing Assets / Stressed Assets	111	5 free MCQs
29	Important Laws Relating to Recovery of Dues	95	5 free MCQs
30	Contracts of Indemnity	40	5 free MCQs
31	Contracts of Guarantee and Bank Guarantee	54	5 free MCQs
32	Letters of Credit	63	5 free MCQs
33	Deferred Payment Guarantee	26	5 free MCQs
34	Laws Relating to Bill Finance	56	5 free MCQs
35	Personal Finance	43	5 free MCQs
36	Priority Sector Advances	44	5 free MCQs
37	Agricultural Finance	41	5 free MCQs
38	Finance to MFIs & Co-Lending with NBFCs	36	5 free MCQs
39	Micro, Small & Medium Enterprises in India	68	5 free MCQs
40	Government Sponsored Schemes	56	5 free MCQs
41	Self-Help Groups	26	5 free MCQs

Module C — Banking Technology

Unit	Title	MCQs in the bank	Free
42	Essentials of Bank Computerisation	43	5 free MCQs
43	Operational Aspects of CBS Environment	38	5 free MCQs
44	Alternate Delivery Channels — Digital Banking	62	5 free MCQs
45	Data Communication Network & EFT Systems	55	5 free MCQs
46	Digital Payment Systems — NPCI	67	5 free MCQs
47	Impact of Technology Adoption & Trends	45	5 free MCQs
48	Security Considerations & Mitigation Measures	46	5 free MCQs
49	Cyber Crimes & Fraud Risk Management	46	5 free MCQs
50	Technology Trends — e-RUPI, Fintech, RegTech, SupTech	32	5 free MCQs

Module D — Ethics in Banks and Financial Institutions

Unit	Title	MCQs in the bank	Free
51	Ethics, Business Ethics & Banking	34	5 free MCQs
52	Ethics at the Individual Level	28	5 free MCQs
53	Ethical Dimensions: Employees	24	5 free MCQs
54	Work Ethics and the Workplace	43	5 free MCQs
55	Banking Ethics: Changing Dynamics	34	5 free MCQs

How to prepare PPB as a working banker

Read the unit, then test it the same day. Each unit page above ends in five questions; the demo and the Mock Centre continue with the rest. A unit counts as "done" only when your accuracy on it holds up a week later — that is what Smart Revision checks.

Mock first from September. One PPB mock a week in exam-simulation mode, then review every wrong answer against the unit it came from. Time pressure is the thing books cannot teach.

Keep one sheet of drift-prone figures. 11 units in this paper carry rule changes since the textbook; each unit page shows the textbook figure and the current one side by side. Re-read the sheet the morning of 22 November 2026.

Use the calendar. PPB sits alone on 22 November with three clear weeks after IE&IFS — the one paper that gets a luxury window.

Units where the answer changed since the textbook

Unit 3 — Operational Aspects of KYC: Current law: the PML (Maintenance of Records) Amendment Rules of 7 March 2023 — mirrored in RBI's KYC Master Direction from 4 January 2024 — lowered t…
Unit 5 — Operational Aspects of Deposit Accounts: From 1 October 2026 (Deposit Directions Second Amendment 2026): the same rate must be offered on the same day for the same amount and tenor at every b…
Unit 16 — Financial Inclusion and Financial Literacy: Current position: the CLM of November 2020 stands replaced by the RBI (Co-Lending Arrangements) Directions 2025, effective 1 January 2026 — all lendin…
Unit 17 — Customer Service Guidelines: Watch the date: the 2017 framework (3 working days) applies till 31 December 2026. From 1 January 2027 the new RBI directions give zero liability for …
Unit 19 — Grievance Redressal and RBI Integrated Ombudsman Scheme 2021: Current law: RB-IOS 2026, effective 1 July 2026, cut the window to 90 DAYS — counted from the end of the bank's 30-day reply period or from its last r…
Unit 25 — Types of Collaterals and Their Characteristics: Current law: from 1 July 2026 RBI's Capital Market Exposure amendment directions replaced the ₹10 lakh (physical) / ₹20 lakh (demat) pair with a singl…
Unit 36 — Priority Sector Advances: Current law: the PSL Directions 2025 (from 1 April 2025) raised the housing limits to ₹50 lakh in centres of 50 lakh+ population, ₹45 lakh for 10–50 l…
Unit 38 — Finance to MFIs & Co-Lending with NBFCs: Current law: RBI Co-Lending Arrangements Directions 2025, effective 1 January 2026, replaced the 2020 CLM circular.
Unit 44 — Alternate Delivery Channels — Digital Banking: Successor: the Responsible Business Conduct (Third Amendment) Directions of 24 June 2026, effective 1 January 2027, rewrite these criteria (5 calendar…
Unit 45 — Data Communication Network & EFT Systems: Current limits: ₹1 lakh per day for P2P; ₹5 lakh per transaction and ₹10 lakh per day for specified merchant categories (from 15 Sep 2025); biometric-…
Unit 48 — Security Considerations & Mitigation Measures: Current law: RB-IOS 2026, in force from 1 July 2026, raised the ceilings to ₹30 LAKH for consequential loss plus ₹3 LAKH for time, expenses and mental…

Study options for this paper

PPB Online-only pass — ₹1,299All 3,280 PPB questions with explanations, full and module mocks, Animated PPTs, Smart Revision, Readiness Score; 1-year login. Details ·

PPB PDF + Online — ₹1,799The subject's audited notes, mocks and rapid-revision books as PDFs plus the online pass above. Details ·

Preparing all four papers? The Online Mock Centre covers every subject; the All-Access Bundle adds all 25 books. Everything is verified to the September 2026 rulebook — here is what changed.

Frequently asked questions

How many units does the JAIIB PPB paper have?: The IIBF syllabus for Principles & Practices of Banking runs to 55 units across 4 modules (Module A — General Banking Operations; Module B — Functions of Banks; Module C — Banking Technology; Module D — Ethics in Banks and Financial Institutions). Our Mock Centre carries 3,280 solved questions across those 55 units, and this page links to a free set of five for each.
When is the JAIIB PPB paper in the November 2026 cycle?: Principles & Practices of Banking is Paper 2 of the November 2026 cycle, on 22 November 2026 (IIBF's published date). Like every JAIIB paper it is online, about 100 multiple-choice questions for 100 marks in 2 hours, with no negative marking. The passing mark is 50 in the subject (or 45 with a 50% aggregate across all four papers in one attempt).
Which PPB units have changed because of new law or RBI rules?: Since the textbook was printed, rules behind questions in 11 units have changed; on those unit pages the affected questions carry a "Law update, September 2026" line giving both the textbook answer and the current position (e.g. Unit 3 — Operational Aspects of KYC; Unit 5 — Operational Aspects of Deposit Accounts; Unit 16 — Financial Inclusion and Financial Literacy). The exam still follows the textbook unless a question says "currently" — our unit pages show which is which.