JAIIB · Principles & Practices of Banking · Module D — Ethics in Banks and Financial Institutions
JAIIB PPB Unit 52 — Ethics at the Individual Level: Free MCQs with Explanations
By Swarnakshi Jha (ex-banker) · Updated 2 November 2026 · Paper 2 of the November 2026 cycle (22 November 2026)
This page is a free slice of our JAIIB PPB question bank for Unit 52 — Ethics at the Individual Level (Module D — Ethics in Banks and Financial Institutions). The Mock Centre holds 28 questions on this unit alone, every one with a why-right / why-wrong explanation; below are the facts examiners keep returning to, five of those questions to try, and the traps that cost marks.
PPB · Module D28 MCQs in the Mock Centre5 free belowPaper on 22 November 2026
Key facts examiners test from this unit
Values: few, relatively permanent, standards of competence AND morality; true values need universal command/acceptability; belief = thought held true.
Norms = expectations, not requirements; unpublished, possibly inconsistent, not universally obeyed; moral norms = rules ('always tell the truth') vs moral values = worth statements ('honesty is good').
5 free practice questions — tap an option
Five basic questions from this unit. Answers lock on the first tap, exactly as in the exam, and a short explanation opens underneath. The Mock Centre adds the moderate and tough questions, why every other option is wrong, the concept capsule and the exam tip — with your score and revision dates tracked.
Question 1 of 5
Which is a genuine CHARACTERISTIC of values?
Why (a): Values set competence/morality standards; they are FEW in number and relatively PERMANENT.
Question 2 of 5
Which of these is NOT a step in Management by Values?
Why (d): Management by Values identifies core values, communicates them and aligns practices with them; replacing values with targets is the opposite.
Question 3 of 5
A personal VALUE SYSTEM is:
Why (a): A personal VALUE SYSTEM is UNIQUE TO EACH PERSON — individually ranked values, like a fingerprint.
Question 4 of 5
The GOLDEN RULE says:
Why (a): The Golden Rule — treat others as you would wish to be treated — is the reciprocity maxim found across cultures; following the majority, the law or the greatest benefit are different tests.
Question 5 of 5
The three FEATURES of an ethical dilemma include:
Why (a): An ethical dilemma has a conflict of values, more than one defensible course of action, and significant consequences whichever way one chooses; a clear right-versus-wrong choice is not a dilemma.
0 of 5 answered.
Traps in this unit
Confusable A
Confusable B
The difference
Terminal value
Instrumental value
End-state vs means
Value
Belief
Guiding standard vs held-true thought
Practise all 28 questions on Unit 52. The free demo opens a slice of every subject with the same explanations; the PPB Online-only pass unlocks all 3,200+ PPB questions, the full and module mocks, Smart Revision and the Readiness Score for 18 months (₹1,299). Not sure where you stand? Sit the free 120-question mock first (all four papers, questions drawn from pages like this one, real exam screen).
Independent study aid — not affiliated with, endorsed by, or sponsored by the Indian Institute of Banking & Finance (IIBF). Exam pattern, dates, fees and passing criteria are set by IIBF — always confirm the current rules at iibf.org.in. Regulatory figures verified as of November 2026; verify from official sources before relying on them in practice.
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