Which JAIIB paper has the most numerical problems?

Paper 3: Accounting & Financial Management for Bankers (AFM) and Paper 4: Retail Banking & Wealth Management (RBWM) feature significant numerical questions on Depreciation (SLM/WDV), YTM, Cash Conversion Cycle, EMI, and Financial Ratios.

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JAIIB Paper 2: Principles & Practices of Banking

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Q1 of 25Unit 05: PMLA Record Maintenance & KYC

Under the revised PMLA Rules and RBI Master Direction on KYC (2023 amendment), what is the controlling ownership interest threshold for identifying a 'Beneficial Owner' (BO) in the case of (i) a Company and (ii) a Partnership Firm or Trust?

More than 50% for both Companies and Partnerships

More than 10% for a Company; More than 10% for a Partnership Firm; 10% or more for a Trust

More than 25% for a Company; More than 15% for a Partnership Firm and Trust

More than 20% uniformly for all legal entities

Time Remaining:30:00

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