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JAIIB PPB Unit 53 — Ethical Dimensions: Employees: Free MCQs with Explanations

By Swarnakshi Jha (ex-banker) · Updated 20 September 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 53 — Ethical Dimensions: Employees (Module D — Ethics in Banks and Financial Institutions). The Mock Centre holds 24 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 D24 MCQs in the Mock Centre5 free belowPaper on 22 November 2026

Key facts examiners test from this unit

  1. Insider trading = using + tipping + undisclosed trading (all of the above); SEBI rules; QUARTERLY employee declarations.
  2. Proprietary data = IPR + trade secrets; confidentiality survives employment.
  3. Bribes barred at every stage (appraisal, disbursement, recovery, marketing); giving AND taking both punishable.

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
INSIDER TRADING refers to:
Why (d): INSIDER TRADING covers ALL OF THE ABOVE — using confidential information, tipping off relatives and friends, and undisclosed trading.
Question 2 of 5
Bank employees must refuse BRIBES in:
Why (d): Bank employees must refuse BRIBES at EVERY stage — appraisal, disbursement, monitoring, recovery and marketing alike.
Question 3 of 5
Regarding giving and taking bribes:
Why (a): GIVING AND TAKING bribes are BOTH unlawful and punishable — giver and taker both offend under the Prevention of Corruption Act.
Question 4 of 5
JOB DISCRIMINATION means denying opportunity on grounds of:
Why (d): JOB DISCRIMINATION means denying opportunity on race, religion, caste or sex — ANY protected-attribute denial qualifies.
Question 5 of 5
Employees become 'ETHICS AMBASSADORS' through:
Why (a): Employees become 'ETHICS AMBASSADORS' when senior leadership WALKS THE TALK — modelled behaviour cascades; preached behaviour doesn't.
0 of 5 answered.

Traps in this unit

Confusable AConfusable BThe difference
Insider tradingProprietary-data theftSecurities misuse vs IPR/trade-secret misuse
SEBI quarterlyRBI monthlyThe real rule vs the decoy
Practise all 24 questions on Unit 53. The free demo opens a slice of every subject with the same explanations; the PPB Online-only pass unlocks all 3,280 PPB questions, the full and module mocks, Smart Revision and the Readiness Score for one year (₹1,299). Not sure where you stand? Take the free 10-question test first.
Take the free test Open the free demo

← Unit 52: Ethics at the Individual Level · Unit 54: Work Ethics and the Workplace → · All PPB units · JAIIB 2026 guide

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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 September 2026; verify from official sources before relying on them in practice.