spot_img

JAIIB | ACCOUNTING AND FINANCIAL MANAGEMENT (AFM) | CASE STUDY ON BILLS OF EXCHANGE

The Junior Associate of the Indian Institute of Bankers (JAIIB) certification prepares banking professionals with the knowledge needed to succeed in their roles. A vital topic within the Accounting and Financial Management (AFM) module is the Bills of Exchange, a primary instrument in modern financial and commercial transactions. Learning Sessions will take you through this article exploring the concept, relevance, and practical application of bills of exchange in banking, supported by a real-world case study to help JAIIB applicants grasp its importance.

Full Course Videos in Hindi English
Check Here
————————————————————-
jaiib ppb short notes part 1
Check Here
————————————————————-
jaiib exam free study material
Check here
————————————————————-
jaiib study material pdf notes 2023
Get Tests Here
————————————————————-
how to prepare for ppb
Check Here

DOWNLOAD PDF BILLS OF EXCHANGE -CASE STUDY

A bill of exchange is a written, unconditional order issued by one party (the drawer) to another (the drawee) to pay a specified sum to a third party (the payee) on demand or at a predetermined date.

For the extensive preparation of candidates, get details through our YouTube videos for JAIIB AFM Module wise Syllabus with explanations and tips to help candidates in their preparation journey.

You may also like these JAIIB case studies:

JAIIB | AFM | CORE BANKING SYSTEMS

JAIIB | AFM | ASSETS OF BANKING COMPANY

Key features include:

  1. Legality: Governed by the Negotiable Instruments Act, 1881 in India.
  2. Parties Involved: Drawer, drawee, and payee.
  3. Payment Terms: Can be payable on demand or at a future date.
  4. Negotiability: Can be transferred to another party by endorsement.

Bills of exchange are widely used in trade, ensuring smooth financial transactions and credit arrangements.

Types of Bills of Exchange

  1. Trade Bills: Arising from commercial transactions, such as the sale of goods.
  2. Accommodation Bills: Used to provide financial assistance without any trade transaction.
  3. Demand Bills: Payable on demand.
  4. Usance Bills: Payable after a specified period.

Taking everything into account, The bills of exchange topic in the JAIIB AFM module offers pivotal insights into trade finance and credit management. For banking professionals, considering this instrument increases their ability to facilitate transactions, manage liquidity, and support businesses effectively. Let the knowledge of bills of exchange strengthen your understanding of the financial system. Learning Sessions provides additional information about JAIIB AFM EQUITY RATIO by giving examples of real life scenarios.

Learn more about this case study through our YouTube channel and PDF.

Get access to our Telegram Channel for free Pdfs of JAIIB.

You May also Find these JAIIB Posts Useful

CROSS RATES

CURRENCY CONVERSION

DURATION OF BONDS

WORKING CAPITAL

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

🤩 🥳 JAIIB NEW BATCH START 🥳 🤩spot_img
🤩 🥳 JAIIB CAIIB CLASSES 🥳 🤩spot_img

POPULAR POSTS

RELATED ARTICLES

Continue to the category

JAIIB | ACCOUNTING AND FINANCIAL MANAGEMENT (AFM) | CASE STUDY ON TYPES OF VOUCHERS

The Junior Associate of Indian Institute of Bankers (JAIIB) examination is a principal credential for banking professionals aiming to enhance their knowledge of banking...

JAIIB | ACCOUNTING AND FINANCIAL MANAGEMENT (AFM) | TYPES OF RECEIPTS – CASE STUDY

The Junior Associate of Indian Institute of Bankers (JAIIB) certification equips bankers to understand and apply core banking concepts. The Accounting and Financial Management...

JAIIB | ACCOUNTING AND FINANCIAL MANAGEMENT (AFM) | CASE STUDY ON TYPES OF EXPENDITURE

The Junior Associate of Indian Institute of Bankers (JAIIB) examination prepares banking professionals with in-depth knowledge of banking operations, accounting principles, and financial management....

JAIIB | ACCOUNTING AND FINANCIAL MANAGEMENT (AFM) | STATUTORY AUDIT – CASE STUDY

The Junior Associate of Indian Institute of Bankers (JAIIB) is a prominent examination that equips banking professionals with important knowledge of banking practices and...