RETAIL BANKING IMPORTANT CASE STUDIES

IMPORTANT CASE STUDIES ON RETAIL BANKING

In this article, we’ll provide you with retail banking case studies from 2024 Study material available for CAIIB DEC Exams.

A popular course at IIBF is CAIIB (Certified Associate of India Institute of Bankers) (INDIAN INSTITUTE OF BANKING & FINANCE). After clearing the JAIIB exam, which is a flagship course offered by the Indian Institute of Banking and Finance, candidates can take the Certified Associate of Indian Institute of Bankers (CAIIB) exam. The CAIIB aims to help people make better decisions by offering cutting-edge information in industries such as international banking, balance sheet management, credit management, risk management, and economic analysis.

The case studies below are provided to test the bankers’ understanding of risk management which is one of the elective exams under CAIIB as they prepare for the CAIIB NOVEMBER 2024 attempt.

It would be simple for you to complete these case studies if you had already gone over the syllabus.

CAIIB RETAIL BANKING CASE STUDY NOV 2024

Civic areas were the focus of the” casing for All by 2024″ action, which included the following factors and options for States, Union homes, and metropolises. Slum recuperation of slum residents with the help of private inventors using land as a resource; Promotion of affordable casing for weaker sections through credit-linked subvention; Affordable casing in cooperation with Public & Private sectors; and. subvention for devisee-led individual house construction or improvement.

Read Also: CAIIB NOVEMBER EXAM 2024 | SCHEDULE OF LIVE CLASSES

Respond to the following queries.

1. The slum recuperation program will offer an average central entitlement of Rs. per house.
2. 1. Amounts 1 lakh
   2. 1.5 lakhs
   3. 2.3 lakhs
   4. 2.7 lakhs

2) What interest subvention on home loans taken out up to a 15- time term will be given to EWS/ LIG orders under the Credit Linked Interest subvention element?

1. 1. 5.6 percent
   2. 6.5 percent
   3. 5.8 percent
   4. 8.5 percent

3) For both orders, what will be the subvention pay- eschewal per house under the Credit Linked Interest subvention element?

1. 1. Amounts 1 lakh
   2. 1.5 lakhs
   3. 2.3 lakhs
   4. 2.7 lakhs

4) Under the Affordable Housing in the Partnership program, how much central aid will be given per dwelling for the EWS category?

1. 1. Amounts: 1 lakh
   2. 1.5 lakhs
   3. 2.3 lakhs
   4. 2.7 lakhs

5) How much central assistance will be offered under the Affordable Housing in Beneficiary-led Individual House Construction or Improvement Program for EWS Category houses?

1. 1. Amounts: 1 lakh
   2. 1.5 lakhs
   3. 2.3 lakhs
   4. 2.7 lakhs

Answers:

1. a: One lakh rupees
2. b: 6.5 percent
3. c: 2.3 lakhs rupees
4. b: 1.5 lakhs rupees
5. b: 1.5 lakhs rupees

CREDIT CARD RETAIL BANKING CASE STUDY

Credit Card Case Study in Retail Banking

Mr. X has been loaning his ABC Bank credit card. The bank has set an Rs. 2000,000,000 spending cap on his card. He purchased Rs. 150000 in July 2016 and paid Rs. 120000, which was a portion of the outstanding sum of Rs. 150000, on the due date (10 August 2016). He made an additional Rs. 70,000 buy on August 11th, 2016. The bank charges a monthly interest rate of 2%.

Respond to the following inquiries.

1.  What would be the monthly minimum payment amount for credit card bills?
2. 1. 3% of the balance owing
   2. 5% of the amount due
   3. 8% of the amount due
   4. 10% of the amount due

2) Given that the bank charges interest at a rate of 2% per month, what is the user’s annual effective rate?

1. 1. 24.52 %
   2. 26.82 %
   3. 27.92 %
   4. 28.64 %

3) Daily interest will be charged starting on August 11, 2016, on any unpaid balance.

1. 1. Rs. 60.50
   2. Rs. 65.75
   3. Rs. 70.10
   4. Rs. 75.25

4) The total interest charged on 10 September 2016 will be-

1. 1. 1865
   2. 1906
   3. 1973
   4. 2036

5) How much would Mr. A need to pay off all of his debts by the deadline of September 10th, 2016?

1. 1. Rs.30000
   2. Rs.70000
   3. Rs.100000
   4. Rs.101913

Solution-

1-b A minimum payment of 5% is required.

2-b

Effective interest rate=(1+r)^n-1

= (1+0.02)^12-1

= 1.26824-1

= 0.26824

= 26.82%

3-b

Daily interest charged= Due outstanding*12/365*r

=(30000+70000)*12/365*0.02

=100000*12*.02/365

=24000/365

=65.75

4-c

Total interest paid = number of days with an outstanding balance * Daily interest

From July 11, 2016, to August 10, 2016, there were 30 days.

*65.75\s=1973

5-d

30000+70000+1973 = 101973 for the 5-day outstanding amount plus further purchase and interest.

Read Also: RETAIL ASSET PRODUCTS | EDUCATIONAL LOANS

CASE STUDY ON QR CODE

Bharat QR: A QR code is a pattern of black squares on a white backdrop that may be read by a camera or other image device.

The item to which the QR is associated has information on it.

Please respond to the following inquiries about Bharat QR.

1. Bharat QR is a……mobile payment system-
2. 1. P2P (Person to Person)
   2. P2M (Person to Merchant)
   3. M2P (Merchant to Person)
   4. M2M (Merchant to Merchant)

2) The Bharat QR payment network is derived from other payment networks. the NPCI, Visa, and Mastercard

1. 1. Only (i) and (ii)
   2. Only (i) and (iii)
   3. Only (ii) and (iii)
   4. (i), (ii), and (iii)

3) What fees are associated with utilizing Bharat QR?

1. 1. No additional fees are incurred when using the Bharat QR.
   2. Depends on the Bank
   3. Depends on the App
   4. Depends on the Transaction Amount

4) Is it possible to link multiple bank cards to one app?

1. 1. No. A single app does not allow the linking of many cards.
   2. A single app allows you to link several cards from different banks.
   3. Yes. A single app allows for the linking of multiple cards from the same bank.
   4. none of the preceding

5) MPIN is the first factor of 2FA for Bharat QR when logging into a mobile application. The second component is considered to be….

(i) MPIN, (ii) OTP, (iii) ATM pin

1. 1. Only (i) or (ii)
   2. Only (i) or (iii)
   3. Only (ii) or (iii)
   4. (i) or (ii) or (iii)

6) How many transactions per day are permitted?

1. 1. Rs. 10000
   2. Rs. 20000
   3. Rs. 50000,
   4. Set at the bank’s end

7) The maximum number of Bharat QR transactions per day?

1. 1. There is no cap on the number of transactions
   2. There is no transaction limit.
   3. There is no transaction limit but your debit/credit cards may have daily transaction dollar limits.
   4. Set at bank’s end

Answers:

1-b, 2-d, 3-a, 4-c, 5-d, 6-d, 7-c

CASE STUDY ON PMJJBY

Answer the following inquiries for PRADHAN MANTRI JEEVAN JYOTI BIMA YOJANA (PMJJBY)

1. What age range is required to sign up for (PMJJBY)?
   1. a. Min-18, Max-40
   2. b. Min-18, Max-50
   3. c. Min-18, Max-60
   4. d. Min. 18; max. 70 days

2) What is the payable premium?

1. 1. Rs 12 per month
   2. Rs. 12 per annum
   3. Rs. 330 per week
   4. Rs. 330 per year

3) How much would be due in the event of a subscriber’s death from any cause?

1. 1. One lakh rupees
   2. two lakh rupees
   3. three lakh rupees
   4. five lakh rupees

4) What would be the insurance premium to be paid to LIC or another insurance company?

1. 1. Rs. 330 per member per year
   2. Rs. 289 per member per year
   3. Rs. 30 per member per year
   4. Rs. 11 per member per year

5) What premium would be allocated for the agent, BC, Micro, or corporate reimbursement of expenses?

1. 1. Rs. 330 per member per year
   2. Rs. 289 per member per year
   3. Rs. 30 per member per year
   4. Rs. 11 per member per year

6) How much of the premium would go toward paying the participating banks’ administrative costs?

1. 1. Rs. 330 per member per year
   2. Rs. 289 per member per year
   3. Rs. 30 per member per year
   4. Rs. 11 per member per year

Answers :

1-b, 2-d, 3-b, 4-b, 5-c, 6-d

Read Also: CAIIB RETAIL BANKING LATEST SYLLABUS 2024

STUDY MATERIAL FOR RETAIL BANKING 2024

Candidates for the CAIIB are provided with various resources and tools by the IIBF LEARNING CENTER to help them pass the tests. To learn concepts, use these CAIIB study tools and brief notes. These notes will help you swiftly study the whole CAIIB EXAM 2024 syllabus while making the topics more understandable. The ePDFs of the notes you’ll receive is based on the CAIIB SYLLABUS 2024.

You can visit our website Learning Sessions for information about the exams, and IIBF.info for information about the study materials. The portal has four sections: JAIIB, CAIIB, Bank Promotions, and Certifications. In addition to recorded films that are only accessible through our applications and not through our website, we offer free notes.

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