Are you confused about how to prepare for the upcoming RBWM exam this Sunday? 😟 Wondering which questions from Module B are most likely to appear?
Well, you’ve landed at the right place! This video session is a complete revision crash course on Retail Banking and Wealth Management – Module B where we discuss the most important and frequently asked questions, decode their answers, and share exam-smart tips to boost your final-day preparation. 💡
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Whether you’re a first-time JAIIB aspirant or a retaker aiming for full marks in RBWM, this class is your ultimate guide to acing Module B.
We cover concepts like:
- RBI guidelines on Current Account Opening
- Account Portability as per Damodaran Committee
- NEFT/RTGS/ECS/NACH differences
- Securitization, Bad Banks, and MIS
- And many more must-know topics 🔥
So grab your notebook and stay glued till the end—you don’t want to miss out on the high-weightage MCQs we’ve solved together. Drop your score in the comments and see how you compare with your fellow bankers. 🏆
🎥 Before we dive in, watch this video for a complete breakdown:
🕒 Timestamps & Key Learning Points
00:01 – Introduction & Importance of Module B
Get warmed up for the RBWM exam! Understand why Module B is crucial and how this session will target scoring zones with real exam-based MCQs.
02:05 – RBI Guidelines on Current Account & CC/OD Facilities
- Learn when a borrower can freely open a current account
- 5 Crore threshold logic explained
- Rules for credit exposure & CC/OD linkage
05:23 – Monitoring Newly Opened Current Accounts
- Know your customer (KYC)? That’s just the beginning!
- Identify the wrong practice — charging for monthly statements.
06:21 – Damodaran Committee & Account Portability
- Learn what Account Number Portability means
- What is NOT covered under it?
08:27 – Inoperative Current Accounts
- What happens when a current account stays inactive for 2 years?
- Understand what counts as a valid customer transaction
10:06 – TDS Deduction on Bank FD Interest (Sec 194A)
- Senior citizens (₹50,000)
- Others (₹40,000)
11:11 – Unclaimed Deposits & RBI’s DEAF Fund
- DEAF Fund explained
- Process of claiming money later
13:20 – Minor Accounts & Contract Law
- Supply of necessities doctrine
- What kind of accounts are permitted?
15:20 – Retail Loan Processing: Standalone vs Centralised
- Who sanctions what in Standalone Model?
- What happens in Centralised Loan Processing Model?
17:56 – NPCI: National Payments Corporation of India
- Understand its non-profit structure
- Learn what makes it a backbone for UPI, IMPS, etc.
19:25 – Small Accounts – Rules & Restrictions
- ₹1L credit limit/year
- ₹10K withdrawal/month
- ₹50K balance limit
- No foreign remittances allowed
21:26 – Bad Banks & ARCs
- IDRCL, NARCL explained
- How banks offload NPAs through ARCs
22:14 – NEFT Clarifications
- No max limit
- 48 half-hourly batches
- Available 24×7
27:23 – Term Deposit Rules
- Minimum period: 7 days
- Interest: Paid quarterly
- Loan against FD up to 90% with 1–2% markup
28:50 – Wilful vs Genuine Defaulters
- Misusing loan
- Selling asset without informing
- Having ability but not repaying
31:33 – ECS (Electronic Clearing Service)
- ECS Debit: Multiple accounts debited
- ECS Credit: Multiple accounts credited
- Managed via NACH
34:59 – Loan Against FD – Key Rules
- Loan limit up to 90%
- Same bank loan rule
- Separate FD receipts as contracts
36:23 – 2-in-1 Account: FD + Savings
Auto Sweep & Reverse Sweep explained with example – best of both worlds!
39:07 – Securitisation & SPV
- SPV buys assets
- Issues securities in market
- Backed by mortgage or receivables
42:12 – Key Securitisation Terms
- Obligor = Borrower
- Originator = Bank
- SPV = Entity to hold assets
- Sponsor = Promoter of SPV
43:13 – Minimum Retention Requirement (MRR)
- Purpose: Discourage careless lending
- MRR varies by loan maturity
45:19 – Minimum Holding Period (MHP)
Rules based on loan repayment frequency and term
47:23 – Purpose of Management in Organisation
It’s about coordinating activities to achieve goals – not just selling or cutting costs.
48:31 – Who’s NOT in Top Management?
Department Heads = Middle Management
49:01 – Roles of Middle Management
- Implements strategy
- Sets short-term goals
- Coordinates top & lower levels
50:07 – MIS: Matching Information with User Level
- Top Level: Strategic Info
- Middle Level: Tactical Info
- Lower Level: Operational Info
52:21 – Data Integration in MIS
Combine data from different sources to build powerful dashboards
53:02 – What MIS is NOT?
It’s not for planning birthdays 🎂 – it’s for decision-making 📊
📥 Download the PDF Notes from the Session
Grab the session’s PDF summary with all MCQs, concepts, and RBI guidelines in one place:
🧾 Conclusion
What a power-packed revision this was!
We covered everything from Current Account Rules, NEFT/RTGS, ECS, Securitisation, Loan Products, to MIS — all with real exam-focused MCQs and practical examples.
If you found this helpful, here’s what you should do now:
- Revise these questions again before the exam
- Comment your score below
- Subscribe to our channel for more sessions
- Tag a friend preparing for JAIIB
Best of luck for Sunday’s exam! 🚀
