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JAIIB RBWM Unit 29 — Mortgage Advice: Free MCQs with Explanations

By Swarnakshi Jha (ex-banker) · Updated 20 September 2026 · Paper 4 of the November 2026 cycle (29 November 2026)

This page is a free slice of our JAIIB RBWM question bank for Unit 29 — Mortgage Advice (Home Loans). The Mock Centre holds 66 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.

RBWM · Home Loans66 MCQs in the Mock Centre5 free belowPaper on 29 November 2026

Key facts examiners test from this unit

  1. Mortgage advice: UNREGULATED in India; US = licensed brokers with conduct standards; UK = Home Information Packs from 1-8-2007 (four-bedroom+ first); EPC scale A–G (A best); compulsory = evidence of title/sale statement/EPC (condition report optional).
  2. TVM: rupee today > rupee tomorrow; discounting (future→present) vs compounding (FV = PV(1+r)^n); ₹100 @5%/2yrs = ₹110.25; frequency ↑ = value slightly ↑.
  3. Rules: 72 (double: 6% → 12 yrs; 9 yrs → 8%); 115 (triple: 4% → 28.75 yrs).

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
In India, the mortgage advice profession is:
Why (c): In India, mortgage advice is CARRIED OUT WITHOUT REGULATION — anyone may advise on home loans; no licence exists, unlike the US and UK.
Question 2 of 5
Mortgage brokers are licence-regulated in the:
Why (b): Mortgage brokers are LICENCE-REGULATED IN THE US — state licensing with conduct standards, the contrast the unit draws with India's free-for-all.
Question 3 of 5
Converting FUTURE sums into present equivalents is:
Why (b): Converting FUTURE sums into their present equivalents is DISCOUNTING — travelling backwards through time, dividing by (1+r)^n.
Question 4 of 5
Gains from transfer of a capital asset are taxed under:
Why (b): Gains from TRANSFER of a capital asset are taxed under the CAPITAL GAINS head — the fourth of the five income heads.
Question 5 of 5
'A rupee _ is worth more than a rupee _':
Why (b): The TVM sentence runs: 'a rupee TODAY is worth more than a rupee TOMORROW' — today's rupee can start earning immediately.
0 of 5 answered.

Traps in this unit

Confusable AConfusable BThe difference
Rule of 72Rule of 115Doubling vs tripling
CompoundingDiscountingForward vs backward
Practise all 66 questions on Unit 29. The free demo opens a slice of every subject with the same explanations; the RBWM Online-only pass unlocks all 1,912 RBWM 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.
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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.