JAIIB EXAM DATE 2022: ELIGIBILITY, SYLLABUS, AND EXAM PATTERN
If you have joined the banking center you must have definitely heard about the JAIIB/ CAIIB exams. Indian Institute of Banking and Finance (IIBF) conducts the JAIIB exam twice a year i.e in the month of May & September on the three consecutive Sundays of the month.
This exam is conducted for the post of Junior Associate of the Indian Institute of Bankers and aims to provide the basic knowledge in banking & financial services which is necessary to perform day-to-day banking operations.
JAIIB EXAM NOTIFICATION 2022
JAIIB Exams that were postponed in August, 2021 are now again been postponed for the first two papers of JAIIB January 2022 that were going to be conducted as per the following dates. Though the 3rd paper is January in 2022 as per the latest notification issued by IIBF. The dates for the same are as below:
|JAIIB EXAMINATION 2021-22||NOTIFIED DATES|
|Principles & Practices of Banking (PPB)- (previously notified 08-01-2022)||Postponed|
|Accounting & Finance for Bankers (AFB)- (previously notified 09-01-2022)||Postponed|
|Legal & Regulatory Aspects of Banking (LRAB)||22-01-2022|
Note – 1: The exams are postponed until further notified dates.
Note – 2: The registrations for the above dates have long since closed by the IIBF. So, if you want to sit for the next attempt in May 2022, you can keep an eye on post: UPCOMING 2022 EXAMS. Here, we keep updating the various IIBF Exams on regular basis.
Official Notification:- JAIIB EXAM 2022 POSTPONED NOTIFICATION
Read Also:- Benefits of Passing JAIIB In 2022
Now, in this article, we’ll be discussing all that is JAIIB, IIBF JAIIB exam dates, JAIIB study material, how to register for JAIIB, jaiib latest syllabus, how to prepare for JAIIB accounting, JAIIB benefits, exam pattern of JAIIB in detail.
WHAT IS THE 2022 JAIIB EXAM?
The JAIIB exam is conducted for the recruitment of Junior Associate of the Indian Institute of Bankers. Junior Associates are the persons who are responsible for managing the day-to-day banking and financial operations. This exam is only applicable to the already existing members of the IIBF organization, therefore, non-bankers are not eligible to write or sit for these exams.
However, Non-bankers can go for the DB&F that is also conducted by IIBF which has the same syllabus of JAIIB.
Most Important Topic:- Clear JAIIB Exam in Single Attempt in 15 Days
Important Topic:- WHY SHOULD YOU ATTEMPT JAIIB
JAIIB 2022 EXAM ELIGIBILITY
The eligibility criteria for JAIIB exam 2022 is listed below:
- The candidate must be registered as an ordinary member of the institute.
- Candidates must have passed the 12th standard examination in any discipline or its equivalent.
- However, the candidate, if not the one who has passed the Matric exam and working in a bank, can be allowed to appear for the exam, at the discretion of the institute. However, such candidates need the recommendation of the Manager of the bank.
- The subordinate staff of recognized Banking/ Financial Institutions in India, who are members of the Institute, are eligible to appear at the examination, provided they have passed the 12th standard examination or its equivalent.
Most Important Topic:- JAIIB EXAM FREE STUDY MATERIAL 2022
HOW TO APPLY FOR JAIIB 2022 EXAM?
Candidates have to apply online for the JAIIB exam
If you want to know how to apply for the JAIIB exam you must follow the instructions given below-
- Visit the official IIBF website i.e @iibf.org.in & click ‘flagship courses’ under the ‘Examination/courses’ option.
- Now, select JAIIB exam 2022 & click on new registration.
- Fill in the online application form of IIBF JAIIB. Candidates will have to enter their personal and educational details.
- Upload all the required documents.
- Submit the form to proceed to the next step.
- Select the method of online payment & pay the application fee.
The candidates will get the details of the transaction and a confirmation message on the registered mobile number upon successful registration.
IMPORTANT TOPIC:- HOW TO APPLY JAIIB EXAM 2022
BENEFITS OF JAIIB | 2022
Qualifying for the JAIIB exam is very beneficial for those who already works in banks due to the fact that it can open doors to new opportunities and further boost the progression of their career as bankers. There are both monetary as well as non-monetary benefits of passing the JAIIB exam. You can read the benefits that are given below:
- One increment upon clearing the JAIIB examination in the case of the clerk.
- An officer working with the nationalized bank will also receive one increment upon qualifying for the exam.
- Candidates will receive in-depth knowledge about banking and financial operations during this course.
- Qualifying for this exam surely helps in getting promotions.
- It becomes easier to get postings in departments like foreign exchange, treasury, etc.
IMPORTANT TOPIC:- IIBF JAIIB 2022 EXAM NOTIFICATION
JAIIB SYLLABUS 2022
The JAIIB exam syllabus consists of 3 subjects, namely-
- Principles and Practices of Banking – PPB
- Accounting & Finance for Bankers – AFB
- Legal and Regulatory Aspects of Banking – LRAB
The detailed syllabus of the JAIIB exam is mentioned below:
|S. No.||PAPER||SYLLABUS (in MODULES)|
|1.||Principles and Practices of Banking||A- Indian Financial System
B- Functions of Banks
C- Banking Technology
D- Support Services- Marketing of Banking Services/ Products
E- Ethics in Bank & Financial Institutions
|2.||Accounting and Finance for Bankers||A- Business Mathematics and Finance
B- Principles of Bookkeeping and Accountancy
C- Final Accounts
D- Banking Operations
|3.||Legal and Regulatory Aspects of Banking||A- Regulations and Compliance
B- Legal Aspects of Banking Operations
C- Banking Related Laws
D- Commercials Laws with Reference to Banking Operations
Important Topic:- Principles and Practices of Banking Most important Questions
PAPER 1: PRINCIPLES AND PRACTICES OF BANKING | JAIIB
MODULE A: Indian Financial System
|Indian Financial System– An Overview||The overview will include the Role of Reserve Bank of India, NBFCs, PDs, Commercial Banks, Financial Institutions, Cooperative Banks, CRR, SLR; Equity & Debt Market; Insurance Regulatory and Development Authority, etc.|
|The unit talks about the Constitution, Objectives, RBI’s Functions; Monetary Control Tools; Regulatory Restrictions on Lending, etc.|
|Retail Banking, Wholesale and International Banking||Retail Banking defines what are its Products, Opportunities; Wholesale Banking Products; what is International Banking, Requirements that Importers & Exporters has to fulfill, Remittance Services; Universal Banking; ADRs; Global Depository Receipts; Participatory Notes|
|Role Of Money Markets, Debt Markets & Forex Market||The Kinds of Money & Debt Market Instruments there are in the markets e.g., Government Securities; ADs, FEMA, London Inter-Bank Offered Rate, Mumbai Inter-Bank Offer Rate, etc.|
|Role and Functions of Capital Markets, SEBI||You will go through the Overview of Capital Market; Stock Exchange; some Common Terms, Types of Capital Issues; Financial Products/Instruments including ASBA, Qualified institutional placement (QIP); Securities Exchange Board of India; Registration of Stock Brokers, Sub-brokers, Share Transfer Agents, etc.|
|Mutual Funds & Insurance Companies, Bancassurance & IRDA||Various MFs, their Management and Role & Functions of Insurance Companies Bancassurance IRDA are some of the things that are included in the unit.|
|Factoring, Forfaiting Services, and Off-Balance Sheet items||It includes various types & advantages of Factoring & forfaiting services and the types of off-balance sheet items.|
|Risk Management, Basel Accords||It Introduces you to Risk Management; Basel I, II & III Accords (RISK MANAGEMENT FREE STUDY MATERIAL)|
|CIBIL, Fair Practices Code for Debt Collection, BCSBI||This discusses the Role and Functions of CIBIL; what is Fair Practices Code for Debt Collection; the Codes of BCSBI.|
|Recent Developments in the Financial System||You will know the Structure, Reforms that are implemented in the Indian Financial System, some of the recent developments in Money, Debt, Forex Markets; Regulatory frameworks; Payments and Settlement Systems, etc.|
MODULE B: Functions of Banks
|Banker Customer Relationship||It contains the types; Different Deposit Products & Services; Services to Customers & Investors etc.|
|KYC/ AML / CFT norms||The unit includes acts like PMLA Act and KYC Norms|
|Bankers’ Special Relationship||It introduces you to the concepts of Mandate; POA; Garnishee Orders; Banker’s Lien; Right of Set-off|
|Consumer Protection – COPRA, Banking Ombudsman Scheme||Various Operational Aspects of the COPRA Act & Banking Ombudsman Scheme are discussed in this unit.|
|Payment and Collection of Cheques and Other Negotiable Instruments||This unit will have Negotiable Instruments Act; Role & Duties of Paying & Collecting Banks; Forged Instruments; Endorsements; Bouncing of Cheques; what will be the Implications; Return of Cheques; Cheque Truncation System|
|Opening accounts of various types of customers||You will know about the Operational Aspects of opening and Maintaining Accounts of Different Types of Customers including SB Rate Deregulation, Aadhaar.|
|Ancillary Services||The services like Remittances; Safe Deposit Lockers; Govt. Business; Electronic Benefits Transfer etc will be discussed in this unit.|
|Cash Operations||What are Cash Management Services and what their Importance is that you will get to know in this one?|
|Principles of Lending, Working Capital Assessment and Credit Monitoring||The concepts of Cardinal Principles; Non-fund Based Limits; Credit Appraisal Techniques; Sources of WC Funds & its Estimation; Working Capital; Term Loans; Operating Cycle; Projected Net WC; Turnover Method; Cash Budget; Credit Monitoring & Its Management; Base Rate are discussed in the unit.|
|Priority Sector Advances||This unit introduces the concepts like Targets, Sub-Targets; Developments have taken place recently.|
|Agricultural Finance||All about the different Agricultural Loans and Risk Mitigation in agriculture (NAIS, MSP, etc.) is talked about in it.|
|Micro, Small and Medium Enterprises||You will go through the MSMED Act, 2006, Policy Package for MSMEs; Performance and Credit Rating Scheme; Developments in Latest time.|
|Government Sponsored Schemes||Swarna Jayanti Gram Swarozgare Yozna (SGSY); Swarna Jayanti Shahari Rozgar Yojna (SJSRY); Prime Minister Rozgar Yojna (PMRY); SLRS (Scheme of Liberation and Rehabilitation of Scavengers)|
|Self Help Groups||How there is need for & Functions of SHGs; Role of NGOs in Indirect Finance to SHGs; SHGs & SGSY Scheme; Capacity Building are some of the things you will get to know.|
|Credit Cards, Home Loans, Personal Loans, Consumer Loans||The unit tells us all about the Operational Aspects, Advantages, Disadvantages & Guidelines of Credit Cards; Procedure and Practices for Home Loans, Personal Loans, and Consumer Loans|
|Documentation||The kind of various Documents; Procedure; Stamping; Securitisation are the topics covered in the unit.|
|Different Modes of Charging Securities||This unit includes the concepts of Assignment; Lien; Set-off; Hypothecation; Pledge; Mortgage etc.|
|Types of collaterals and their characteristics||This unit lets you know the definition of Land & Buildings; Goods; Documents of Title to Goods; Advances against Insurance Policies, Shares, Book Debts, Gold, Term Deposits, etc.;|
|Non-Performing Assets||You will get informed what’s NPA; the concepts of Income Recognition; Asset Classification; Provisioning Norms; CDR etc.|
|Financial Inclusion||It consists of topics of Business Correspondent; BF; Role of Information and communications technology in Financial Inclusion, Mobile-based transactions, Rural Self Employment Training Institutes, etc.|
|Financial Literacy||The importance of financial literacy, customer awareness is defined in this section|
MODULE C – BANKING TECHNOLOGY
|Essentials of Bank Computerization||The concepts like Computer Systems; LANs; WANs; UPS; Core Banking are detailed here.|
|Payment Systems and Electronic Banking||ATMs; HWAK; Electromagnetic Cards; Microfiche; NPC; CTS; Electronic Banking; Signature Storage & Retrieval System; Note & Coin Counting Machines; PIN; RUPAY are some of the things you will get to know in detail.|
|Data Communication Network and EFT systems||Various Components & Modes of Transmission; the Major Networks in India; some of Emerging Trends in Communication Networks for Banking; Evolution of EFT System; SWIFT; Automated Clearing Systems; Funds Transfer Systems; Recent Developments in India that are currently taking place are described in it.|
|Role of Technology Upgradation and its impact on Banks||This unit introduces you to the Trends in Technology Developments; Role & Uses of Technology Upgradation; Impact of IT on Banks; Global Trends etc.|
|Security Considerations||Consideration as in Risk Concern Areas; Types of Threats; Control Mechanism; Computer Audit; IS Security; IS Audit; Evaluation Requirements are the concepts you will deal with in this unit.|
|Overview of IT Act||It contains Gopalakrishna Committee Recommendations.|
|Preventive Vigilance in Electronic Banking||The concepts of Phishing; Customer Education; Safety Checks; Precautions to adhere to are defined here.|
MODULE D – SUPPORT SERVICES – MARKETING OF BANKING SERVICES/ PRODUCTS
|Marketing – An Introduction||Concept of Marketing; Management; Products & Services; Marketing Mix; Brand Image are some of the topics that are detailed in the unit.|
|Social Marketing/ Networking||You will know about the Evolution of Social Marketing, the Importance & Relevance of Social Marketing/ Networking, etc.|
|Consumer Behavior and Product||This unit tells you about Consumer Behavior; Product Planning, Development, and Strategies, etc.; Customer Relationship Management.|
|Pricing||It contains the Importance of Pricing, its’ Objectives, Factors, Methods, Strategies of Pricing and Bank Pricing|
|Distribution||Different Distribution Channels; Channels for Banking Services; Net Banking & Mobile Banking dealt in this section.|
|Channel Management||Its Meaning, Levels, Dynamics, and Advantages are what you will be reading in it.|
|Promotion||The Role of Promotion in Marketing and Promotion Mix is dealt with here.|
|Role of Direct Selling Agent/ Direct Marketing Agent in a bank||This unit tries to Define the role of a Direct Selling Agent/ Direct Marketing Agent in a bank; their Relevance; bankers as Direct sales associates / Direct Marketing associates; Delivery Channels in Banks; Benefits.|
|Marketing Information Systems – a longitudinal analysis||Functions of & Components of MKIS; MKIS Model; Use of Computers & Decision Models; Performance of MKIS; Advantages are covered in MIS.|
MODULE E – ETHICS IN BANKS AND FINANCIAL INSTITUTIONS
|Ethics, Business Ethics & Banking: An Integrated Perspective||Concepts like Business Ethics, Ethical Foundation, and Banking Ethics in Global and Indian Contexts are defined in the unit.|
|Ethics at the Individual Level||The Values, Norms, Beliefs, Morality, Golden Rule, Dilemmas, Conflict, Integrity, and Decision-Making, etc comes in the section.|
|Ethical Dimensions: Employees||Obligation to Bank/3rd Parties, Abuse of Official Position, Sexual Harassment, what are Fair Accounting Practices, HRM Ethics, Conflict of Interest, Employees as Ethics Ambassadors & Managers as Ethical Leaders are the topics placed in this section.|
|Work Ethics and the Workplace||The views on Work Ethics, Benefits of ensuring Ethical Behavior, Causes and Remedies of Unethical Behavior, Code of Ethics Manual, Whistleblowing in Banks, Whistleblowing Laws in India are defined in the unit.|
|Banking Ethics: Changing Dynamics||How Ethics and Technology have come as a solution, Data Security and Privacy concerns, Intellectual Property Rights, Patents and Proprietary Rights, Ethics of Information Security, Cyber Threats, Digital Rights Management, etc is all that you will know here.|
IMPORTANT TOPIC:- AFB SYLLABUS PRIORITY
PAPER 2: ACCOUNTING & FINANCE FOR BANKERS | JAIIB
MODULE A: Business Mathematics and Finance
|Calculation of Interest and Annuities||You will know how to Calculate Simple Interest & Compound Interest and Equated Monthly Instalments; Fixed and Floating Interest Rates; Calculation of Annuities; Interest calculations using Products/ Balances; Amortization of a Debt; Sinking Funds etc.|
|Calculation of YTM||This unit lets you know the Debt- Definition, it’s Meaning & Salient Features; Loans; Introduction to Bonds; Calculation of Yield-to- Maturity of Bond; Terms associated with Bonds; Cost of Debt Capital; Bond value with semi-annual Interest; Current Yield on Bond; Duration of Bond; Theorems for Bond Value; Properties of Duration; Bond Price Volatility|
|Capital Budgeting||Concepts like 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 the condition of uncertainty; Expected NPV Rule; Risk-Adjusted Discount Rate Approach for NPV Determination; Decision Tree Analysis for NPV Estimation; Sensitivity Analysis for NPV Determination; Payback Methods; Accounting Rate of Return are dealt here.|
|Depreciation and its Accounting||The unit deals with Depreciation, its types, and methods; Comparison of Depreciation Methods|
|Foreign Exchange Arithmetic||Various Fundamentals of Foreign Exchange; Forex Markets; Some Basic Exchange Rate Arithmetic – Cross Rate, Chain Rule, Direct and Indirect Quote; Value date, etc.; Forward Exchange Rates – Forward Points; Arbitrage; Calculating Forward Points; Premium/ discount, etc. are some of the things you will find yourself getting accompanied with.|
MODULE B: PRINCIPLES OF BOOKKEEPING & ACCOUNTANCY
|Definition, Scope, and Accounting Standards||This unit introduces you to Nature and Purpose of Accounting; its 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 International Financial Reporting Standards; Difference b/w GAAP & IFRS.|
|Basic Accountancy Procedures||Concepts of Accountancy; Going Concern Entity; Double Entry System; Revenue Recognition and Realization; Principle of Conservatism; Accrual and Cash Basis of accounting etc are placed in this section.|
|Maintenance of Cash/ Subsidiary Books and Ledger||You will find yourself dealing with Basics of Record Keeping; Account Categories; Concepts of Debit and Credit; Accounting and Columnar Accounting Mechanics; Journals; Ledgers; subsidiary books etc. in this section.|
|Bank Reconciliation Statement||This unit talks about the need for Bank Reconciliation; possible Causes of Differences; How to Preparation of Bank Reconciliation Statement & How to prepare a Bank Reconciliation Statement when Extracts of Cash Book and Pass Book are given; Adjusting the Cash Book Balance; Advantages of Bank Reconciliation Statement etc.|
|Trial Balance, Rectification of Errors, and Adjusting & Closing Entries||The concepts of Trial Balance; its Features and Purpose, Types and Preparation; Disagreement of a Trial Balance; Classification, Location & Rectification of Errors; Suspense A/C Rectification; Rectification of Errors when Books are closed; Adjusting and Closing Entries, etc are placed here.|
|Capital and Revenue Expenditure||You will know what Expenditure is, Difference b/w Capital and Revenue Expenditure; Deferred Revenue Expenditure; Receipts; General Illustrations regarding the same.|
|Bills of Exchange||It contains types of Credit Instruments; Term and Due Date of a Bill; Certain Important Terms; Accounting Entries to be Passed; Accommodation Bill etc.|
MODULE C – FINAL ACCOUNTS
|Balance Sheet Equation||This unit deals with Balance Sheet Equation and Balance Sheet Equation Computation.|
|Preparation of Final Accounts||You will know how is Trading A/C, Profit and Loss A/C; Profit & Loss Appropriation Account; Balance Sheets are Prepared in the section.|
|Ratio Analysis||This section makes you understand the Accounting Ratios; Classification of Ratios; Various Uses of Accounting Ratios; Accounting Ratios Limitations; Calculation and how to interpret various Ratios; Different Users and how they Use these Ratios.|
|Final Accounts of Banking Companies||This section defines various terms and Functions of a Bank; Requirements of Banking Companies as to Accounts and Audit; Significant Features of Accounting Systems of Banks; Preparation and Presentation of Financial Statements of Banks; Principal Books of Accounts; CMA Format; Accounting Treatment of Specific Items; Important Items of Balance Sheet; Preparation of Profit and Loss Account; Comments on Profit and Loss Account; Disclosure Requirements of Banks; Additional Disclosures prescribed by RBI; Disclosures required under BASEL norms etc.|
|Company Accounts I & II||You will read different Definitions and Types of Companies; Difference between Partnership and LLP; Classes of Share Capital; Issue of Shares; General Illustrations Non-Voting Shares; Form of Balance Sheet; Legal Requirements for Assets as well as Liabilities; Legal Requirements for Profit & Loss A/c and Preparation of Final Accounts|
|Accounting in a Computerized Environment||Here, the unit talks about the Meaning, features of and terms used in Computerized Accounting; Difference b/w Computerized and Manual Accounting; Functions performed by Computerized Accounting Softwares available in the Market; Advantages and Disadvantages of Computerized Accounting; Computerization – Scope and Experiences in Banking; Core Banking Components; Information Security; Internet and World Wide Web – Influences on Banking.|
MODULE D – BANKING OPERATIONS
|Banking Operations & Accounting Functions||Vouchers Preparation, entries relating to cash receipt and payment, clearing inward and outward, transfer debit and credit; scrutiny of loan applications/ documents, allowing withdrawals, KYC and different documents to satisfy KYC, verifying KYC and authenticity of documents, operational aspects in regard to the opening of all types of accounts and accounting entries involved at various stages, operational aspects of CBS environment, etc., Back office operations in banks, how to handle unreconciled entries in banks etc are some of the practical aspects you will go through in the unit.|
MOST IMPORTANT TOPIC:- Clear JAIIB Exam in Single Attempt in 15 Days
PAPER 3 – LEGAL & REGULATORY ASPECTS OF BANKING | JAIIB
MODULE A – REGULATIONS AND COMPLIANCE
|Legal Framework of Regulation of Banks||The unit contains concepts like Business of Banking; Constitution of Banks; Reserve Bank of India Act, 1934; Banking Regulation Act, 1949; RBI’s role; Govt. as a Regulator of Banks; Control over Co-operative Banks; Regulation by other Authorities, etc.|
|Control over Organization of Banks||It discusses the topics i.e., Licensing of Banking Companies; Branch Licensing; Paid-up Capital and Reserves; Shareholding in Banking Companies; Banking Companies’ Subsidiaries; Board of Directors; Control over Management; Banking Company’s Chairman; Appointment of Additional Directors; Restrictions on Employment; Corporate Governance; Directors and Corporate Governance, etc.|
|Regulation of Banking Business||Concepts regarding the Power of RBI to Issue Directions; Acceptance of Deposits; Loans and Advances; Regulation of Interest Rate; Regulation of Payment Systems; Nomination; Internet Banking Guidelines; Regulation of Money Market Instruments; Banking Ombudsman; Maintenance of Cash Reserve Ratio, Reserve Funds; Statutory Liquidity Ratio; Assets in India are discussed in the unit.|
|Returns Inspection, Winding up, Mergers & Acquisitions||You will get to know about how to deal with Annual Accounts & Balance Sheet; Audit & Auditors; Submission of Returns; Preservation of Records and Return of Paid Instruments; Board for Financial Supervision; Inspection and Scrutiny; Acquisition of Undertakings; Amalgamation of Banks; Winding up of Banks; Penalties for offenses etc.|
|Public Sector Banks and Co-operative Banks||Details regarding various banks like 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 are given in this unit.|
|Financial Sector Legislative Reforms||The Need, Approach for Financial Sector Legislative Reforms, and Important Reforms are some of the things that can be found here.|
|Recent Legislative Changes in RBI Act||This unit focuses on the Recent Legislative Changes in RBI Act, Need thereof.|
|Financial Sector Development Council||It contains Financial Sector Development Council- Role & Functions.|
MODULE B – LEGAL ASPECTS OF BANKING OPERATIONS
|Different Types of Borrowers||You will go through the kinds of Borrowers; Limited Liability Partnership (LLP)|
|Types of Credit Facilities||Different types of Facilities like Cash Credit, Overdraft, Demand Loans, Term Loans, and Bill Finance are defined in this unit.|
|Secured and Unsecured Loans, Registration of Firms and Incorporation of Companies||This Defines Secured and Unsecured loans, the need for Secured Loans; Registration of Firms; Consequences of Not Registering of Firms; Incorporation of a Company, etc.|
|Indemnities||The unit talks all about the definition of Contract of Indemnity; Characteristics of Indemnity Contract & Guarantee; Obligations of a Banker; Scope and Application of Indemnity Contracts to Banks; Precaution & Rights of an Indemnity Holder|
|Bank Guarantees||Like every unit it will also include the definitions and Kinds of Bank Guarantees, how it is Banker’s Duty to Honor Guarantee; Precautions to be taken for Issuance of Bank Guarantee and for Payment under Bank Guarantee; their Invocation & Enforcement.|
|Letters of Credit||LoC contains the General Considerations of Letters of credit that need to be taken care of; who are the Parties to a Letter of credit; Types of Letters of credit; Documents under a Letter of credit; Banks obligation for payment of Letter of credit; UCPDC 600.|
|Deferred Payment Guarantees||It contains the Purpose of DPGs and Methods of Payment|
|Laws Relating to Bill Finance||You will go through the Classes of Bills and Laws Governing Bills; Bills Classification; Bill Finance Categories; Bill Finance and Legal Position of Banker|
|Various Types of Securities||The Types of Securities there are in the market; Escrow Arrangements; Trust and Retention Arrangements, etc are included in this unit.|
|Laws Relating to Securities and Modes of Charging – I||All about Mortgage, its Types and how they are enforced, etc is given in this unit.|
|Laws Relating to Securities and Modes of Charging – II||It contains the concept of Lien; Pledge; Hypothecation etc.|
|Registration and Satisfaction of Charges||This unit tries to define what Charge is, the Procedure for Registration of charges; what is the effect of Non-registration of Charges; Various provisions of Law relating to Registration of Charges, etc.|
|Case Laws on Responsibility of Paying Bank||The unit will include the Case Laws on Negotiable Instruments Act and Paying Banks; what is the Liability of Paying Banker; Payment in due course; Payment in Good Faith; whether Payment under Mistake is Recoverable or not.|
|Case Laws on Responsibility of Collecting Bank||It will contain information about how Collecting Bank has Statutory protection & Duties of Collecting Bank.|
MODULE C – BANKING RELATED LAWS
|Recovery of Debts due to Banks and Financial Institutions Act, 1993(DRT Act)||You will go through the various objects of the Act, Constitution of Tribunal, Procedure to be followed, Enforcement process, etc|
|Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI)||It includes the concepts like Constitutional Validity; Definitions; Central Registry; Regulation & Reconstruction; Enforcement of Security Interest; Offences & Penalties and some Miscellaneous Provisions.|
|Banking Ombudsmen Scheme||The scheme tells us why its Purpose; Extent of its applicability; Definitions; Establishment; Powers and Procedure for Redressal Grievance|
|Bankers Books Evidence Act, 1891||The act tells all about its applicability; Definitions and some Important Provisions|
|The Legal Services Authorities Act, 1987||This Act let us go through the system of Lok Adalats- Organization; Jurisdiction; Disposal of Cases; Awards etc.|
|The Consumer Protection Act, 1986 and CERSAI||It contains Introduction of the ACT, Extent & Definitions; Consumer Protection Councils; Objectives; Consumer Disputes Redressal Agencies; and important provisions of Central Registry of Securitisation Asset Reconstruction and Security Interest of India, etc.|
|The Law of Limitation||Limitation Act tells defines what limitation is; how to compute the said Limitation & Important Provisions in the schedule to the Limitation Act.|
|Tax Laws||It includes taxes like Income Tax; Commodity Transaction Tax; Service Tax|
|Negotiable Instruments Act, 1881
Payment & Settlements Systems Act, 2007
|The Act provides us the information regarding its applicability; definitions; Important Provisions|
|MODULE D – COMMERCIAL LAWS WITH REFERENCE TO BANKING OPERATIONS|
|Indian Contract Act, 1872||It defines the meaning and essentials of contract and has concepts like 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||Various Features of the Act, other concepts of Sale & Agreement to Sell, Conditions and Warranties attached to a good; Express & Implied; Rights of Unpaid Seller are among other things that are included in this unit.|
|Indian Partnership Act, 1932||This act defines various terms & Types of Partnerships; Relation of partners to one another & to 3rd Parties; how a Minor gets admitted to the benefits of partnership; how is a firm Dissolved; Effect of non-registration; Limited liability partnerships formation, registration, rights, and liabilities of partners|
|Definition and features of a company||You will read the definition & features of a Company and the difference between Company and Partnership|
|The Companies Act, 1956 (Now Companies Act, 2013)||It mainly includes the definitions of various terms, Features & Types of companies; Memorandum and Articles of Association (MOA & AOA); Doctrine of Ultra Vires, Constructive Notice, Indoor Management; Membership of Company Acquisition, Cessation, Register, Prospectus; Rights & Duties of Members, Directors; Winding up of Companies|
|Foreign Exchange Management Act, 1999||FEMA, 1999 contains important Terms; Powers of RBI, Regulation & Management; Directorate of Enforcement.|
|Transfer of Property Act, 1882||This includes all about the Sale, Mortgage of Immovable Property; Sale with and without court intervention; Types of Mortgages; Lease of Immovable Property|
|The Right to Information Act, 2005||RTI Act tells us about its applicability; Definition and Important Provisions|
|Right to Information and Obligation of Public Authorities||This includes the Obligations; Procedure; Disposal; Appeal; Orders; Penalties etc.|
|The Prevention of Money Laundering Act, 2002||PMLA, 2002 tells us the obligations, which records are to be maintained; Procedure for Maintaining & Furnishing Information; Maintenance & Verifications of Records of Identity of Clients.|
|Information Technology Act, 2000||You will read about definitions; Certifying Authorities; Electronic Governance; Digital Signature Certificates; Penalties; Appeal in this section.|
IMPORTANT TOPIC:- JAIIB EXAM FREE STUDY MATERIAL
JAIIB STUDY MATERIAL 2022
Learning Sessions offers Best Study Material for JAIIB 2022. It includes more than 1300 short study notes in pdf form (assessable through our android app), more than 4500 memory recall/previous year questions of the three subjects (Principles & Practices of Banking (PPB), Accounting & Finance for Banking (AFB)and Legal & Regulatory Aspects of Banking (LRAB)) for JAIIB EXAM 2022.
You can avail full video course (chapter-wise) of all the papers of JAIIB EXAM offered by us. This study material of JAIIB 2022 includes 65 hours plus videos on the papers. The video course of PPB, AFB & LRAB (JAIIB) is available in English as well as in a mix of English & Hindi language for a better understanding of all the banking concepts.
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JAIIB EXAM PATTERN 2022
The pattern of the JAIIB exam as per the latest and updated changes by IIBF is listed as below:
- The duration of each paper in the JAIIB examination is of 2 hours.
- Each paper consists of 120 objective-type multiple-choice questions (MCQs) carrying 100 marks.
- There is no provision for negative marking in case of wrong answers.
- The examination will be held in online mode only.
- The passing criteria are as follows:-
- Candidates must secure a minimum of 50 out of 100 marks in each exam.
- Candidates securing at least 45 marks in each subject with an aggregate of 50% marks in all subjects of examination in a single attempt will also be considered as having cleared the exam.
- Candidate Have Only 4 Attempts in 2 years to Clear the Exam.
- If the candidate fails to qualify for the exam within the time period of 2 years he will have to re-enroll himself again & no credits will be provided for the same.
- The time limit of 2 years will start from the date of the application itself. The attempts will be counted whether the candidate appears for the exam or not.
Important Topic:- IIBF JAIIB EXAM Admit Card 2022
JAIIB ONLINE REGISTRATION FEE 2022
The JAIIB exam fees as specified by IIBF is mentioned below:
|1ST Attempt||Rs 2700/-|
|2nd Attempt||Rs 1300/-|
|3rd Attempt||Rs 1300/-|
|4th Attempt||Rs 1300/-|
***Plus GST as applicable
Read Also:- IIBF CAIIB EXAM SYLLABUS & STUDY MATERIAL 2022
JAIIB EXAM STUDY MATERIAL, NOTES, PDF, MOCK TESTS for 2022
Candidates can easily clear the JAIIB exam 2022 in one attempt by going through our JAIIB study material and notes. We here at Learning sessions are providing full course videos in modules and topic-wise form along with JAIIB notes pdf and JAIIB sample papers/practice papers. We are also providing JAIIB online free mock test notes pdf with answers and chapter-wise previous year question papers pdf.
Further, it also includes Jaiib principles and practices of banking pdf, JAIIB accounting and finance for bankers notes pdf & JAIIB legal and regulatory aspects of banking MCQ pdf which will definitely help you in acing the exam in one go.
IMPORTANT TOPIC:- JAIIB FREE MOCK TESTS