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JAIIB PPB Unit 55 — Banking Ethics: Changing Dynamics: 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 55 — Banking Ethics: Changing Dynamics (Module D — Ethics in Banks and Financial Institutions). The Mock Centre holds 34 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 D34 MCQs in the Mock Centre5 free belowPaper on 22 November 2026

Key facts examiners test from this unit

  1. Banking attunes to CUSTOMERS' PREFERENCES; IT's two avenues — communication/connectivity + BPR; IT reshaped liquidity access, asset transformation, risk monitoring; IT = survival compulsion.
  2. FinTech (service delivery) vs RegTech (compliance) — don't swap; sandbox from the Working Group on FinTech & Digital Banking; objective — responsible innovation + efficiency + consumer benefit.
  3. Primary data obligation: prevent leaks/misuse; leakage = unethical, severe action; Gopalakrishna four-domain guidelines.

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
Banking operations are increasingly attuned to ever-growing:
Why (d): Banking operations are increasingly attuned to ever-growing CUSTOMERS' PREFERENCES — the customisation era's driver.
Question 2 of 5
Banks' PRIMARY moral obligation regarding data is:
Why (b): Banks' PRIMARY moral obligation regarding data is PREVENTING LEAKS AND MISUSE — custodianship, not commerce.
Question 3 of 5
The two categories of intellectual property are:
Why (a): The two categories of intellectual property are INDUSTRIAL PROPERTY (patents, trademarks, designs) AND COPYRIGHT.
Question 4 of 5
Patent protection generally lasts:
Why (c): Patent protection generally lasts TWENTY YEARS — the standard term from the filing date, after which the invention enters the public domain.
Question 5 of 5
'Online banking' is now accessible through:
Why (b): 'Online banking' is now accessible through PERSONAL COMPUTERS AND SMARTPHONES — desktop plus mobile ubiquity.
0 of 5 answered.

Traps in this unit

Confusable AConfusable BThe difference
FinTechRegTechService delivery vs compliance
Working Group on FinTechSrikrishna CommitteeSandbox source vs data-protection principles
Practise all 34 questions on Unit 55. 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

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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.