Setu,
Yes, compared to the other modules, you do have to sample slower with the 1122. There are other modules that will work faster though.
What do you mean by "wrong numbers to the test panel in MAX?" Do you mean if you scan the channels you get wrong values, but if you just sample one channel you get correct values? You have to use a long interchannel delay with the 1122 since it is relay multiplexed. This is why it probably works fine reading only one channel, but not with multiple. I'm guessing your connections are probably OK, if you can get good values.
I found a Knowledge Base and an example program that also might help.
SCXI-1122 ExampleKnowledge Base 107C2818--Russell