Jaiib Exam
JAIIB HIGHLIGHTS
Junior Associate of the Indian Institute of Bankers Exam or JAIIB, as commonly called, is conducted by the Indian Institute of Banking & Finance (IIBF) which is a registered company for imparting education in banking and finance. IIBF was established in 1928 as the Indian Institute of Bankers on the model of the London Institute of Banking and Finance to train bankers and finance professionals and has a membership of over 700 banks and financial institutions.
| Name of the post | Junior Associate of the Indian Institute of Bankers (JAIIB) |
| Exam conducted by | Indian Institute of Banking & Finance (IIBF) |
| Apply Mode | Online |
| Starting date of the JAIIB 2020 applications | To be updated soon |
| End date of the applications | To be updated soon |
| JAIIB Exam Dates | May 03-17th, 2020 & Nov 1-22nd, 2020 |
| Official website | www.iibf.org.in |
JAIIB Exam
JAIIB exam is conducted twice in a year as a career progression exam and only those who are already working in the banking and finance industry can appear in this exam. The purpose of JAIIB is to facilitate knowledge enhancement in banking and financial services, banking technology, customer relations, basic accountancy and legal aspects that are necessary for carrying out day to day banking operations.
JAIIB 2020 Eligibility
The JAIIB exam plays a very vital role in an individual's progress in the banking sector. After clearing this exam he/she is entitled to receive an increment in the salary. So it is very important that a candidate knows the eligibility criteria which is as follows
- JAIIB Exam is conducted for any person working in the banking and finance sector including both private and nationalized banks and even the Reserve Bank of India, Central and State Co-operative Banks and any Financial Institutions in India who are Institutional Members of the Institute.
- The candidates applying are categorized under Ordinary Members and have to pay a fee of Rs 1770 one time for Life Membership.
- This Membership makes them eligible to appear for various examinations (after paying exam fee), attend seminars/ workshops that are conducted by the institute, avail e-learning, get awards & fellowship, monthly IIBF newsletter etc.
- Besides this, a candidate must have passed the 12th standard examination in any discipline. Some relaxation is given to clerical staff as mentioned in the table below
| JAIIB Exam | Eligibility |
|---|---|
| For working professional | Should have passed 12th standard in any stream and should have Ordinary Membership of IIBF |
| Subordinate Staff of Financial Institute and Banks | 12th passed in any stream along with Ordinary Membership of IIBF |
| Clerical or Supervisory Staff Cadre of Banks | Must be working and should have Ordinary Membership of IIBF, recommendation of the Manager of the bank/ officer-in-charge of the bank is required if the candidate has not pass 12th standard pass or its equivalent. |
JAIIB 2020 Exam Pattern
The JAIIB exam contains 120 objective type multiple choice questions of 100 marks including questions on case studies/ case lets. The JAIIB exam is conducted in selected cities all over India and in a few overseas cities as well. The exam will be in online mode with no negative marking for wrong answers. Though the number of questions is fixed, the Institute may vary the number of questions that will be asked in a subject. The time limit is two hours. The MCQs and their answers will not be shared with the candidates as they are part of the question bank of the Institute and its Intellectual Property. Battery operated portable calculator can be used by the candidate during the JAIIB exam.
JAIIB Syllabus
The JAIIB exam is a multiple choice single exam consists of three papers/ subjects which are mentioned below-
- Paper 1 - Principles & Practices of Banking
- Paper 2 - Accounting & Finance for Bankers
- Paper 3 - Legal & Regulatory Aspects of Banking
Since the exam is of professional nature, the questions can be asked on all the matters under the subject. Candidates can also be asked questions on the latest developments taking place under the various subjects of the examination. Candidates should read “IIBF VISION” and “BANK QUEST” published by the Institute. There is no exemption in any of the papers for prior qualifications. Each subject exam will be held on different dates. The details for each subject is mentioned below
Paper 1: Banking Principles and Practices
Paper 1 of JAIIB consists of questions from Banking Principles and Practices. The paper is further divided into five modules which are named as
- Module A – Indian Financial System
- Module B – Functions Of Banks
- Module C – Banking Technology
- Module D – Support Services - Marketing Of Banking Services/ Products
- Module E - Ethics In Banks And Financial Institutions.
Each module is subdivided into further categories as per the details given below.
MODULE A – INDIAN FINANCIAL SYSTEM
| Topic | Details |
|---|---|
| Indian Financial System – An Overview | Role of RBI, Commercial Banks, NBFCs, PDs, FIs, Cooperative Banks, CRR, SLR; Equity & Debt Market; IRDA |
| Banking Regulation | Constitution, Objectives, Functions of RBI; Tools of Monetary Control; Regulatory Restrictions on Lending |
| Retail Banking, Wholesale and International Banking | Retail Banking- Products, Opportunities; Wholesale Banking, Products; International Banking, Requirements of Importers & Exporters, Remittance Services; Universal Banking; ADRs; GDRs; Participatory Notes |
| Role of Money Markets, Debt Markets & Forex Market | Types of Money & Debt Market Instruments including G-Secs; ADs, FEMA, LIBOR, MIBOR, etc. |
| Role and Functions of Capital Markets, SEBI | Overview of Capital Market; Stock Exchange; Commonly used Terms; Types of Capital Issues; Financial Products/ Instruments including ASBA, QIP; SEBI; Registration of Stock Brokers, Sub-brokers, Share Transfer Agents, etc. QIBs. |
| Factoring, Forfaiting Services and Off-Balance Sheet items | Types & advantages of Factoring & forfaiting services; Types of off-balance sheet items |
| Risk Management, Basel Accords | Introduction to Risk Management; Basel I, II & III Accords CIBIL, Fair Practices Code for Debt Collection, BCSB Role and Functions of CIBIL; Fair Practices Code for Debt Collection; Codes of BCSBI |
| Recent Developments in the Financial System | Structure, Reforms in the Indian Financial System; recent developments in Money, Debt, Forex Markets; Regulatory Framework; Payments and Settlement System |
MODULE B – FUNCTIONS OF BANKS
| Topic | Details |
|---|---|
| Banker Customer Relationship | Types; Different Deposit Products & Services; Services to Customers & Investors |
| KYC/ AML/ CFT norms | PMLA Act; KYC Norms |
| Bankers’ Special Relationship | Mandate; POA; Garnishee Orders; Banker’s Lien; Right of Set off |
| Consumer Protection - COPRA, Banking Ombudsman Scheme | Operational Aspects of COPRA Act & Banking Ombudsman Scheme |
| Payment and Collection of Cheques and Other Negotiable Instruments | NI Act; Role & Duties of Paying & Collecting Banks; Endorsements; Forged Instruments; Bouncing of Cheques; Its Implications; Return of Cheques; Cheque Truncation System |
| Opening accounts of various types of customers | Operational Aspects of opening and Maintaining Accounts of Different Types of Customers including Aadhaar, SB Rate Deregulation |
| Ancillary Services | Remittances; Safe Deposit Lockers; Govt. Business; EBT |
| Cash Operations | Cash Management Services and its Importance |
| Principles of Lending, Working Capital Assessment and Credit Monitoring | Cardinal Principles; Non-fund Based Limits; WC; Term Loans; Credit Appraisal Techniques; Sources of WC Funds & its Estimation; Operating Cycle; Projected Net WC; Turnover Method; Cash Budget; Credit Monitoring & Its Management; Base Rate |
| Priority Sector Advances | Targets; Sub-Targets; Recent Developments |
| Agricultural Finance | Types of Agricultural Loans; Risk Mitigation in agriculture (NAIS, MSP etc.) |
| Latest Developments | Government Sponsored Schemes SGSY; SJSRY; PMRY; SLRS |
| Credit Cards, Home Loans, Personal Loans, Consumer Loans | Operational Aspects, Advantages, Disadvantages & Guidelines of Credit Cards; Procedure and Practices for Home Loans, Personal Loans and Consumer Loans |
| Self Help Groups | Need for & Functions of SHGs; Role of NGOs in Indirect Finance to SHGs; SHGs & SGSY Scheme; Capacity Building |
| Documentation | Types of Documents; Procedure; Stamping; Securitisation |
| Different Modes of Charging Securities | Assignment; Lien; Set-off; Hypothecation; Pledge; Mortgage |
| Types of collaterals and their characteristics | Land & Buildings; Goods; Documents of Title to Goods; Advances against Insurance Policies, Shares, Book Debts, Term Deposits, Gold, etc.; Supply Bills |
| Non-Performing Assets | Definition; Income Recognition; Asset Classification; Provisioning Norms; CDR Financial Inclusion BC; BF; Role of ICT in Financial Inclusion, Mobile based transactions, RSETI |
| Financial Literacy | Importance of financial literacy, customer awareness |
MODULE C – BANKING TECHNOLOGY
| Topic | Details |
|---|---|
| Essentials of Bank Computerization | Computer Systems, LANs, WANs, UPS, Core Banking |
| Payment Systems | ATMs, HWAK, PIN, Electromagnetic Cards |
| And Electronic Banking | Electronic Banking Signature Storage & Retrieval System, CTS, Note & Coin Counting, Machines Microfiche, NPC, RUPAY |
| Data Communication Network and EFT systems | Components & Modes of Transmission, Major Networks in India, Emerging Trends in Communication, Networks for Banking Evolution of EFT System SWIFT, Automated Clearing Systems, Funds Transfer Systems, Recent Developments in India |
| Role of Technology Upgradation and its impact on Banks | Trends in Technology Developments, Role & Uses of Technology, Upgradation, Global Trends, Impact of IT on Banks |
| Security Considerations | Risk Concern Areas, Types of Threats, Control Mechanism, Computer Audit, IS Security, IS Audit, Evaluation Requirements |
| Overview of IT Act | Gopalakrishna Committee, Recommendations |
| Preventive Vigilance in Electronic Banking |
Phishing, Customer Education, Safety Checks, Precautions |
MODULE D – SUPPORT SERVICES - MARKETING OF BANKING SERVICES/ PRODUCTS
| Topic | Details |
|---|---|
| Marketing – An Introduction | Concept, Management, Products & Services, Marketing Mix, Brand Image |
| Social Marketing / | Evolution, Importance & Relevance of Social |
| Networking | Marketing/Networking, |
| Consumer Behaviour and Product | Consumer Behaviour, Product Planning, Development Strategies etc, CRM |
| Pricing | Importance, Objectives, Factors, Methods, Strategies of Pricing, Bank Pricing |
| Distribution | Distribution Channels, Channels for Banking Services, Net Banking, Mobile Banking |
| Channel Management | Meaning, Levels, Dynamics, Advantages |
| Promotion | Role of Promotion in Marketing, Promotion Mix |
| Role Of Direct Selling Agent / Direct Marketing Agent in a bank | Definition, Relevance, Banker as DSA/DMA, Delivery Channels in Banks, Benefits |
| Marketing Information Systems – a longitudinal analysis | Functions & Components of MKIS, MKIS Model, Use of Computers & Decision Models, Performance of MKIS, Advantages |
MODULE E – ETHICS IN BANKS AND FINANCIAL INSTITUTIONS
| Topic | Details |
|---|---|
| Ethics, Business Ethics & Banking: An Integrated Perspective | Business Ethics, Ethical Foundation and Banking Ethics in Global and Indian Contexts |
| Ethics at the Individual Level | Values, Norms, Beliefs, Morality, Conflict, Integrity, Golden Rule, Dilemmas, Decision-Making. |
| Ethical Dimensions: Employees | Obligation to Bank/ Third Parties, Abuse of Official Position, Sexual Harassment, Conflict of Interest, Fair Accounting Practices, HRM Ethics, Employees as Ethics Ambassadors & Managers as Ethical Lers |
| Work Ethics and the Workplace | Work Ethics, Benefits of Ethical Behavior, Unethical Behavior: Causes and Remedies, Code of Ethics Manual, Whistleblowing in Banks, Whistleblowing Laws in India |
| Banking Ethics: Changing Dynamics | Ethics and Technology, Data Security and Privacy, Intellectual Property Rights, Patents and Proprietary Rights, Ethics of Information Security, Cyber Threats, Digital Rights Management |
Paper 2: Finance and Accounting
Questions in Paper 2 pertain from Finance and Accounting. This paper is divided into four modules which are mentioned below
- Module A – Business Mathematics And Finance
- Module B – Principles Of Bookkeeping & Accountancy
- Module C – Final Accounts
- Module D – Banking Operations
These are further divided as per the details mentioned below. A candidate should go through these details carefully so that he/she does not miss any information.
PAPER 2 – ACCOUNTING & FINANCE FOR BANKERS MODULE A – BUSINESS MATHEMATICS AND FINANCE
| Topic | Details |
|---|---|
| Calculation of Interest and Annuities | Calculation of Simple Interest & Compound Interest, Calculation of Equated Monthly Instalments, Fixed and Floating Interest Rates, Calculation of Annuities, Interest Calculation using Products/Balances, Amortisation of a Debt, Sinking Funds |
| Calculation of YTM | Debt- Definition, Meaning & Salient Features, Loans, Introduction to Bonds, Terms associated with Bonds, Cost of Debt Capital, Bond value with semi-annual Interest, Current Yield on Bond, Calculation of Yield-to- Maturity of Bond, Theorems for Bond Value, Duration of Bond, Properties of Duration, Bond Price Volatility |
| Capital Budgeting | Present Value and Discounting, Discounted Technique for Investment Appraisal, Internal Rate of Return (IRR), Method of Investment Appraisal, NPV and IRR compared, Investment Opportunities with Capital Rationing Investment Decision making under condition of uncertainty, Expected NPV Rule, Risk Adjusted Discount Rate Approach for NPV Determination, Sensitivity Analysis for NPV Determination, Decision Tree Analysis for NPV Estimation, Payback Methods, ARR. |
| Depreciation and its Accounting | Depreciation, its types and methods, Comparing Depreciation Methods |
| Foreign Exchange Arithmetic | Fundamentals of Foreign Exchange, Forex Markets, Direct and Indirect Quote, Some Basic Exchange Rate Arithmetic – Cross Rate, Chain Rule, Value date, etc. Forward Exchange Rates – Forward Points, Arbitrage, Calculating Forward Points, Premium/discount |
MODULE B – PRINCIPLES OF BOOKKEEPING & ACCOUNTANCY
| Topic | Details |
|---|---|
| Definition, Scope and Accounting Standards |
Nature and Purpose of Accounting, Historical Perspectives, Origins of Accounting Principles, Accounting Standards in India and its Definition and Scope, Generally Accepted Accounting, Principles of USA (US GAAP), Transfer Pricing, Overview of IFRS, Difference between GAAP & IFRS. |
| Basic Accountancy Procedures | Concepts of Accountancy, Entity Going Concern, Entity, Double Entry System, Principle of Conservatism, Revenue Recognition and Realisation, Accrual and Cash Basis. |
| Maintenance of Cash/ Subsidiary Books And Ledger |
Record Keeping Basics, Account Categories, Debit and Credit Concepts, Accounting and Columnar Accounting Mechanics, Journals, Ledgers, subsidiary books, |
| Bank Reconciliation Statement | Need for Bank Reconciliation, Causes of Differences, Preparation of Bank Reconciliation Statement, How to prepare a Bank Reconciliation Statement when Extracts of Cash Book and Pass Book, Adjusting the Cash Book Balance, Advantages of Bank Reconciliation Statement. |
| Trial Balance, Rectification of Errors and Adjusting & Closing Entries | Meaning of a Trial Balance, Features and Purpose of a Trial Balance, Types of Trial Balance and Preparation of a Trial Balance, Disagreement of a Trial Balance, Classification of Errors, Location of Errors, Rectification of Errors, Suspense Account and Rectification, Rectification of Errors, Adjusting and Closing Entries, |
| Capital and Revenue Expenditure | Expenditure, Distinction between Capital and Revenue Expenditure, Deferred Revenue Expenditure, Receipts, General Illustrations. |
| Bills of Exchange | Types of Instruments of Credit, Term and Due Date of a Bill, Certain Important Terms, Accounting Entries to be Passed, Accommodation Bill etc |
MODULE C – FINAL ACCOUNTS
| Topic | Details |
|---|---|
| Balance Sheet Equation Preparation of Final Accounts | Balance Sheet Equation, Computation of Balance Sheet Equation, Preparation of Trading A/C, Profit and Loss A/C, Profit & Loss Appropriation Account, Balance Sheets |
| Ratio Analysis | Meaning of Accounting Ratios, Classification of Ratios, Uses of Accounting Ratios, Limitations of Accounting Ratios, Calculation and interpretation of various Ratios, Different Users and their Use of Ratios. |
| Final Accounts of Banking Companies | Definition and Functions of a Bank, Requirements of Banking Companies as to Accounts and Audit, Significant Features of Accounting Systems of Banks, Principal Books of Accounts, Preparation and Presentation of Financial Statements of Banks, CMA Format Accounting Treatment of Specific Items, Preparation of Profit and Loss Account, Comments on Profit and Loss Account, Important Items of Balance Sheet, Disclosure Requirements of Banks Additional Disclosures prescribed by RBI, Disclosures required under BASEL norms. |
| Company Accounts I & II | Definition and Types of Companies, Distinction between Partnership and Limited Liability Company, Classes of Share Capital, Issue of Shares, General Illustrations Non-voting Shares, Form of Balance Sheet, Legal Requirements for Assets, Legal Requirements for Liabilities, Legal Requirements |
MODULE D – BANKING OPERATIONS
| Topic | Details |
|---|---|
| Banking Operations & Accounting Functions |
Preparation of Vouchers, cash receipt and payment entries, clearing inward and outward entries, transfer debit and credit entries, what is KYC and what are the different documents to satisfy KYC, verify KYC and authenticity of documents, operational aspects in regard to opening of all types of accounts, scrutiny of loan applications/ documents, allowing drawals and accounting entries involved at various stages, operational aspects of CBS environment etc., Back office operations in banks, handling of reconciled entries in banks |
Paper 3: Legal and Regulatory aspects
Since banking is a public dealing job and they are responsible for the country's economic growth so they need to be regulated from time to time. So it becomes necessary for the candidate to be aware of its Legal and Regulatory aspects. The third paper deals with it and is divided into four modules, given as follows:
- Module A – Regulations And Compliance
- Module B – Legal Aspects Of Banking Operations
- Module C – Banking Related Laws
- Module D – Commercial Laws With Reference To Banking Operations
Given below is the detailed syllabus for paper 3
PAPER 3 – LEGAL & REGULATORY ASPECTS OF BANKING MODULE A – REGULATIONS AND COMPLIANCE
| Topic | Details |
|---|---|
| Legal Framework of Regulation of Banks |
Business of Banking; Constitution of Banks; RBI Act, 1934; Banking Regulation Act, 1949; Role of RBI; Govt. as a Regulator of Banks; Control over Co-operative Banks; Regulation by other Authorities. |
| Control Over Organization of Banks |
Licensing of Banking Companies; Branch Licensing; Paid up Capital and Reserves; Shareholding in Banking Companies; Subsidiaries of Banking Companies; Board of Directors; Chairman of Banking Company; Appointment of Additional Directors; Restrictions on Employment; Control over Management; Corporate Governance; Directors and Corporate Governance. |
| Regulation of Banking Business | Power of RBI to Issue Directions; Acceptance of Deposits; Nomination; Loans and Advances; Regulation of Interest Rate; Regulation of Payment Systems; Internet Banking Guidelines; Regulation of Money Market Instruments; Banking Ombudsman; Reserve Funds; Maintenance of CRR, SLR; Assets in India. |
| Returns Inspection, Winding up, Mergers & Acquisitions |
Annual Accounts & Balance Sheet; Audit & Auditors; Submission of Returns; Preservation of Records and Return of Paid Instruments; Inspection and Scrutiny; Board for Financial Supervision; Acquisition of Undertakings; Amalgamation of Banks; Winding up of Banks; Penalties for offences |
| Public Sector Banks and Cooperative Banks |
SBI and its Subsidiaries; Regional Rural Banks; Nationalized Banks; Application of BR Act to Public Sector Banks; Disinvestment of Shares by Govt.; Co-operative Banks |
| Financial Sector Legislative Reforms | Need, Approach for Financial Sector Legislative Reforms; Important Reforms |
| Recent Legislative Changes in RBI Act |
Recent Legislative Changes in RBI Act, Need thereof |
| Financial Sector Development Council |
Role and Functions of Financial Sector Development Council |
MODULE B – LEGAL ASPECTS OF BANKING OPERATIONS
| Topic | Details |
|---|---|
| Different Types of Borrowers | Types of Borrowers; Limited Liability Partnership |
| Types of Credit Facilities | Cash Credit, Overdraft, Demand Loans, Term Loans, Bill Finance |
| Secured and Unsecured Loans, Registration of Firms and Incorporation of Companies |
Definition of Secured and Unsecured loans; Need for Secured Loans; Registration of Firms; Consequences of Non-registration of Firms; Incorporation of a Company |
| Indemnities | Definition of Contract of Indemnity; Features of Indemnity Contract & Guarantee; Scope and Application of Indemnity Contracts to Banks; Obligations of a Banker; Precaution & Rights of an Indemnity Holder |
| Bank Guarantees | Definition and Types of Bank Guarantees; Banker’s Duty to Honor Guarantee; Precautions to be taken for Issuance of Bank Guarantee; Precautions to be taken for Payment under Bank Guarantee; Invocation & Enforcement |
| Letters of Credit | General Considerations of Letters of credit; Parties to a Letter of credit; Types of Letters of credit; Documents under a Letter of credit; UCPDC 600; Banks obligation for payment of Letter of credit. |
| Deferred Payment Guarantees | Purpose of DPGs; Methods of Payment |
| Laws Relating to Bill Finance | Class of Bills and Laws Governing Bills; Classification of Bills; Categories of Bill Finance; Bill Finance and Legal Position of Banker |
| Various Types of Securities | Types of Securities; Escrow Arrangements; Trust and Retention Arrangements |
| Laws Relating to Securities and Modes of Charging – I |
Mortgage; Types of Mortgage; Enforcement of Mortgages |
| Laws Relating to Securities and Modes of Charging – II |
Lien; Pledge; Hypothecation; etc |
| Registration and Satisfaction of Charges |
Definition of Charge; Procedure for Registration of Charge; Effect of Non-registration of Charges; Provisions of Law relating to Registration of Charges |
| Case Laws on Responsibility of Paying Bank |
Negotiable Instruments Act and Paying Banks; Liability of Paying Banker; Payment in due course; Payment in Good Faith; Whether Payment under Mistake Recoverable |
| Case Laws on Responsibility of Collecting Bank |
Statutory protection to Collecting Bank; Duties of Collecting Bank |
MODULE C – BANKING RELATED LAWS
| Topic | Details |
|---|---|
| Recovery of Debts due to Banks and Financial Institutions Act,1993(DRT Act) |
Objective of the Act, Constitution of Tribunal, Procedure to be followed, Enforcement process |
| Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI) |
Constitutional Validity; Definitions; Regulation & Reconstruction; Enforcement of Security Interest; Central Registry; Offences & Penalties; Miscellaneous Provisions |
| Banking Ombudsmen Scheme | Purpose; Extent; Definitions; Establishment; Powers; Procedure for Redressal Grievance |
| Bankers Books Evidence Act, 1891 |
Applicability; Definition; Important Provisions |
| The Legal Services AuthoritiesAct, 1987 | Lok Adalats- Organization; Jurisdiction; Disposal of Cases; Awards |
| The Consumer Protection Act, 1986 and CERSAI |
Preamble, Extent & Definitions; Consumer Protection Councils; Consumer Disputes Redressal Agencies; Objectives and important provisions of Central Registry of Securitisation Asset Reconstruction and Security Interest of India |
| The Law Of Limitation | Definition; Computation of Limitation; Important Provisions in schedule to the Limitation Act |
| Tax Laws | Income Tax; Commodity Transaction Tax; Service Tax |
| Negotiable Instruments Act, 1881 |
Applicability; Definition; Important Provisions |
| Payment & Settlements Systems Act, 2007 |
Applicability; Definition; Important Provisions |
MODULE D – COMMERCIAL LAWS WITH REFERENCE TO BANKING OPERATIONS
| Topic | Details |
|---|---|
| Indian Contract Act, 1872 | Meaning and essentials of contract; Contract of Indemnity & Rights of Indemnity Holder; Contract of Guarantee; Contract of Bailment; Contract of Pledge; Contract of Agency |
| The Sale of Goods Act, 1930 | Features; Sale & Agreement to Sell; Conditions and Warranties; Express & Implied; Rights of Unpaid Seller |
| Indian Partnership Act, 1932 | Definition & Types of Partnerships; Relation of partners to one another & to third Parties; Minor admitted to benefits of partnership; Dissolution of a firm; Effect of non registration; Limited liability partnerships formation, registration, rights and liabilities of partners |
| Definition and features of a company |
Definition & Features of a Company; Distinction between Company and Partnership |
| The Companies Act, 1956 | Definition, Features & Types of companies; Memorandum and Articles of Association; Doctrine of Ultra Vires, Constructive Notice, Indoor Management; Membership of CompanyAcquisition, Cessation, Register, Rights & Duties of Members, Prospectus; Directors; Winding up of Companies |
| Foreign Exchange Management Act, 1999 |
Important Terms; Powers of RBI, Regulation and Management; Directorate of Enforcement |
| Transfer of Property Act, 1882 | Sale, Mortgage of Immovable Property; Types of Mortgages; Sale with and without court intervention; Lease of Immovable Property |
| The Right to Information Act, 2005 | Applicability; Definition; Important Provisions |
| Right To Information and Obligation of Public Authorities |
Obligations; Procedure; Disposal; Appeal; Orders; Penalties. |
| The Prevention of Money Laundering Act, 2002 |
Obligations; Records to be Maintained; Procedure for Maintaining & Furnishing Information; Maintenance & Verifications of Records of Identity of Clients |
| Information Technology Act, 2000 |
Definitions; Electronic Governance; Certifying Authorities; Digital Signature Certificates; Penalties; Appeal. |
JAIIB Exam Fee
All the candidates have to pay an equal amount as an application fee irrespective of the category to which he/she belongs. However, the application fee will vary according to the attempt. A candidate is given four attempts to qualify the exam. Candidates need to register for every attempt separately. A candidate should pay the application fee within the prescribed time limit as after the closure of the application fee date a candidate has to pay a late fee of Rs.200 in addition to the regular examination fee. Any other transaction charge or GST will be borne by the candidate. Fee once paid will not be refunded.
|
SR. NO. |
NAME OF THE EXAM |
ATTEMPTS |
FOR MEMBERS(RS) | ||
|---|---|---|---|---|---|
|
1 |
JAIIB |
First attempt fee |
2,400* |
||
|
Second attempt fee |
1,000* |
||||
|
Third attempt fee |
1,000* |
||||
|
Fourth attempt fee |
1,000* |
||||
JAIIB Exam Centre
JAIIB Online Examination will be conducted on pre-announced dates as published on IIBF official Website. The examination is conducted on a half yearly basis, however, the periodicity of the examination may change depending upon the requirement of the banking and financial industry. The list of exam centres will be available on the IIBF website and only those centres will conduct online exams where the strength of the candidate giving the exam is more than 20. In case the strength is less he/she will be allotted the nearest exam centre. Overseas city like Dubai is also the JAIIB examination centre. The list of JAIIB Exam centres is given below:
| CENTRE NO. | NAME OF THE CENTRE |
|---|---|
| ANDHRA PRADESH |
ADILABAD ADONI ANANTAPUR CHITTOOR CUDDAPAH ELURU GUNTUR HINDUPUR HYDERABAD KAKINADA KARIMNAGAR KHAMMAM KURNOOL MAHABOOBNAGAR NALGONDA NELLORE NIZAMABAD ONGOLE PALAKOL RAJAHMUNDRY SECUNDERABAD SRIKAKULAM TIRUPATI VIJAYAWADA VISAKHAPATNAM VIZIANAGARAM WARANGAL |
| ASSAM |
DHUBRI DIBRUGARH GAUHATI JORHAT KOKRAJHAR NORTH LAKHIMPUR NOWGONG SILCHAR TEZPUR TINSUKIA BONGAIGAON |
| BIHAR |
ARRAH BEGUSARAI BHAGALPUR DARBHANGA MUZAFFARPUR PATNA PURNEA SAHARSA SAMASTIPUR SASARAM MOTIHARI |
| JHARKHAND |
BOKAROSTEEL CITY DALTONGANJ DHANBAD HAZARIBAGH JAMSHEDPUR RANCHI DEOGHAR SAHIBGANJ |
| GUJARAT |
AHMEDABAD BARODA BHAVNAGAR BHUJ JAMNAGAR JUNAGADH PORBANDAR RAJKOT SURAT VAPI |
| HARYANA |
AMBALA CANTT FARIDABAD GURGAON HISSAR KARNAL ROHTAK YAMUNANAGAR |
| HIMACHAL PRADESH |
HAMIRPUR MANDI PALAMPUR SIMLA |
| JAMMU & KASHMIR |
ANANTNAG BARAMULLA DODA JAMMU KATHUA LEH POONCH RAJOURI SRINAGAR UDHAMPUR |
| KARNATAKA |
BAGALKOT BANGALORE BELGAUM BELLARY BIDAR BIJAPUR DAVANGERE DHARWAR GULBARGA HASSAN HUBLI MADIKERI MANGALORE MYSORE RAICHUR SHIMOGA |
| KERALA |
CALICUT KANNUR ERNAKULAM KOTTAYAM PALAKKAD KOLLAM THIRUVALLA THRISSUR THIRUVANANTHAPURAM |
| MADHYA PRADESH |
BALAGHAT BHOPAL CHHATARPUR CHHINDWARA GUNA GWALIOR INDORE JABALPUR KHANDWA KHARGONE RATLAM REWA SAUGOR SATNA SHAHDOL UJJAIN |
| CHHATTISGARH |
AMBIKAPUR BHILAI BILASPUR JAGDALPUR RAIGARH RAIPUR |
|
MAHARASHTRA |
AHMEDNAGAR AKOLA AMRAVATI AURANGABAD VASAI MUMBAI BULDHANA CHANDRAPUR DHULE JALGAON KALYAN KOLHAPUR |
|
LATUR NAGPUR NANDED NASHIK PARBHANI PUNE RATNAGIRI SANGLI SATARA SOLAPUR THANE NAVI MUMBAI (VASHI) |
|
| MANIPUR |
IMPHAL |
| MEGHALAYA |
SHILLONG TURA |
| MIZORAM |
AIZAWL |
| NAGALAND |
KOHIMA MOKOK CHUNG TUENSANG |
| ORISSA |
BALASORE BERHAMPUR GANJAM BHAWANIPATNA BHUBANESHWAR CUTTACK KORAPUT ROURKELA SAMBALPUR |
| PUNJAB |
ABOHAR AMRITSAR CITY BHATINDA FEROZEPUR HOSHIARPUR JULLUNDUR LUDHIANA MANSA PATHANKOT PATIALA SANGRUR |
| RAJASTHAN |
AJMER ALWAR BANSWARA BHILWARA BIKANER GANGANAGAR JAIPUR JAISALMER JODHPUR KOTAH SAWAI MADHOPUR SIKAR UDAIPUR |
|
SIKKIM |
GANGTOK |
| TAMILNADU |
COIMBATORE DHARMAPURI ERODE KARUR CHENNAI MADURAI OOTACAMUND SALEM THANJAVUR TIRUCHIRAPPALLI TIRUNELVELI TIRUPUR VELLORE |
| TRIPURA |
AGARTALA |
| UTTAR PRADESH |
AGRA ALIGARH ALLAHABAD AZAMGARH BAREILLY ETAH ETAWAH FAIZABAD GHAZIABAD GHAZIPUR GONDA GORAKHPUR JAUNPUR JHANSI KANPUR LUCKNOW MEERUT CANTT MORADABAD MUZAFFARNAGAR SAHARANPUR SHAHJAHANPUR VARANASI |
| UTTARANCHAL |
DEHRADUN HARDWAR NAINITAL |
| WEST BENGAL |
ASANSOL BARRACKPORE BURDWAN KOLKATA COOCHBEHAR MALDA MIDNAPORE SERAMPORE SILIGURI |
| ARUNACHAL PRADESH |
ITANAGAR(NAHARLAGUN) |
| ANDAMAN & NIKOBAR ISLAND |
PORT BLAIR |
| CHANDIGARH |
CHANDIGARH |
| DELHI |
NEW DELHI |
| GOA |
MARGAO PANAJI |
| LAKSHDWEEP |
KAVARATTI |
| PONDICHERRY |
PONDICHERRY |
| UAE |
DUBAI |
JAIIB Study Material
IIBF has mentioned the list of books that can be purchased online or offline. Besides this, the Institute has also published an e-book for the JAIIB /CAIIB exam which is available on its e-platform ‘bookden’. Candidates are advised to make full use of this platform. Since banking and finance fields are dynamic and new developments take place from time to time so this courseware should not be considered as the only source of information. Candidates should go through the IIBF updates and also visit websites of organizations like RBI, SEBI, BIS, IRDAI, FEDAI etc to keep themselves updated from recent happenings / development. Given below are the list of books.
| S.NO | Book Name | Published By |
|---|---|---|
|
1 |
Principles & Practices of Banking |
M/s Macmillan India Limited |
|
2 |
Banking ke Sidhanth Avam Vyavahar |
M/s Taxmann Publications Private Ltd. |
|
3 |
Accounting & Finance for Bankers |
M/s Macmillan India Limited |
|
4 |
Bankeron ke liye Lekhankan Avam Vittya |
M/s Taxmann Publications Private Ltd. |
|
5 |
Legal and Regulatory Aspects of Banking |
M/s Macmillan India Limited |
|
6 |
Banking ke Vidhik Paksh |
M/s Taxmann Publications Private Ltd. |
JAIIB How To Apply
Since the exam is conducted online and online mode is the only way to fill the application form, given below are some basic steps which need to be followed.
- A candidate needs to visit the official website of IIBF and first apply for membership.
- They will be categorized as Ordinary Members. Fill the necessary information and upload the documents asked as per range mentioned.
- If a candidate is already a member of IIBF, he/she just needs to click on "members" under 'Apply for exams online'.
- He/she needs to select the examination applying for and login with the membership number/id and password.
- Fill all the details asked like centre of exam, working place etc.
- While registering for the examination a candidate will be asked to choose venue and examination time slot for each subject.
- Utmost care and precaution should be taken while selecting the centre, venue and time slot, as there is no provision of change.
- Preview the application form before final submission because no correction can be done later.
- After successful registration of examination, admit letter will be generated which can be saved, downloaded and printed.
- Admit cards will also be emailed to the candidates in their registered id and will be available in the official website also
- Candidates are required to produce admit card print along with Membership identity card or any other valid photo ID card in original
JAIIB Passing Criteria
The Minimum marks to pass in each subject is 50 out of 100 and those who secure at least 45 marks in each subject with an overall aggregate of 50% marks in the exam in a single attempt will also be declared as pass. Candidates re-enrolling for the exam after exhausting all permissible attempts will not be considered for awarding class. A candidate will be awarded as first class and first class with Distinction as per details given below
- First Class - 60% or more marks in aggregate and pass in all the subjects in the FIRST PHYSICAL ATTEMPT
- First Class with Distinction - 70% or more marks in aggregate and 60% or more marks in each subject in the FIRST PHYSICAL ATTEMPT
JAIIB Exam Language
Candidates can attempt the exam either in Hindi or English and this should be clearly filled in the choice of medium at the time of registration of application form. Change of medium will not be allowed at a later stage.
JAIIB Attempts
Candidate first physical attempt will be considered as his/her first attempt for awarding class. Candidates need to pass the exam within a time limit of 2 years which means 4 consecutive attempts. Those who are not able to pass the examination within the stipulated time period have to re-enroll themselves afresh and they will not be granted credits for subjects passed earlier. This time limit starts from the date of application of the first attempt. Even if a candidate does not appear for the exam, that attempt will be counted.
JAIIB 2020 Exam Dates
The JAIIB exam consists of three different papers (subjects) and the exam is conducted twice in a year. Each paper is conducted on different dates. The examination dates are mentioned in the official website and time will be mentioned in the admit card. Given below are the exam dates for each subject of JAIIB exam that will be conducted two times one from 3rd to 17th May and the other from 1st to 22nd November. More information can be obtained from the table below.
| EXAMINATION DATE | TIME | SUBJECTS |
|---|---|---|
|
03rd May 2020 |
ONLINE - Will be given in the admit Letter |
Principles & Practices of Banking |
|
10th May 2020 |
ONLINE - Will be given in the admit Letter |
Accounting & Finance for Bankers |
|
17th May 2020 |
ONLINE - Will be given in the admit Letter |
Legal & Regulatory Aspects of Banking |
|
EXAMINATION DATE |
TIME |
SUBJECTS | ||
|---|---|---|---|---|
|
01st November 2020 |
ONLINE - Will be given in the admit Letter |
Principles & Practices of Banking |
||
|
08th November 2020 |
ONLINE - Will be given in the admit Letter |
Accounting & Finance for Bankers |
||
|
22nd November 2020 |
ONLINE - Will be given in the admit Letter |
Legal & Regulatory Aspects of Banking |
||