JAIIB 2024 Module wise Syllabus | JAIIB IE&IFS
Revision in JAIIB 2024 syllabus and pattern brought the introduction of a new subject which is the Indian economy & Indian financial system.
IE & IFS remains unknown to aspirants as its newly added but it has common topics with Advanced bank management, Principles, and practices of banking Legal & Regulatory Aspects of Banking.
Since IIBF has released the notification of the availability of books of JAIIB 2024 aspirants can start a productive preparation for the exam.
Let’s decode the syllabus of the Indian economy and the Indian financial system’s first module.
Comprehensively detailed Jaiib syllabus of Module A
Module A talks about the Indian economic architecture which broadly covers the overview of the Indian economy, Sectors of the Indian economy, economic planning in India, NITI aayog, Role of priority sector and MSME in the Indian economy, Infrastructure including social infrastructure, Globalisation: Impact on India, Economic reforms, Foreign trade policy, Foreign investments, and Economic Development, International economic organization, Climate change, Sustainable Development Goals and Issues facing the Indian economy.
While an overview of the Indian economy includes the following topics:
Evolution of the Indian economy in terms of GDP and PPP.
Basic characteristics of the Indian economy and factors influencing it
- Low per-capital income
- Rapid population growth
- A high rate of employment, underemployment, and disguised unemployment
- Reliance on the primary sector
The economy of India under British rule
The economy of India till 2008 & afterward 2008
Key years
- 1951-80
- 1980-90
- 1992-2008
- 2008-21
Structural variations in the Indian economy
- Post pandemic (Covid 19)
- Sectoral influence of Pandemic (Covid 19)
- Sector-wise recovery pattern
- Economic Recovery Dynamism Post COVID
The other major topic is the Sector of the Indian economy which covers the following subtopics
Role/Importance of Primary, Secondary, tertiary, quaternary, and quinary sectors in the Indian economy
Key differences b/w these sectors
Revolutions in the Primary sector
The GDP contribution of different sectors
Agriculture
Industry
Services
The employment growth rate in the Secondary sector
Sunrise sector of the Indian economy
Organized/Unorganised sectors
Another important topic of module A is Economic planning in India & NITI aayog which covers the following major topics:
Economic planning: Definition and types
Types of economic planning
- Regional
- National
Key objectives of economic planning
- Growth in the Economy
- Reduce poverty
- Employment generation
- Reducing social inequalities by bringing social justice
- Build a self-reliant economy
- Modernization
History of economic planning in India
- First plan: 1951-56
- Second plan: 1956-61
- Third plan: 1961-65
- Three annual plans: 1966-69
- Fourth plan: 1969-74
- Fifth plan: 1974-79
- Sixth plan: 1980-85
- Seventh plan: 1985-90
- Two annual plans
- Eighth plan: 1992-97
- Ninth plan: 1997-2002
- Tenth plan: 2002-07
- Eleventh plan: Inclusive growth
- Twelfth plan: 2012-17
Five-year plans
- Objectives and Assessments of each plan
Performance of five-year plan
NITI (National institution for transforming India) Aayog
- Functions
- Planning commission not tuning with the new development strategy
- Promotion accountability
- Fiscal federalism and Inter-Governmental coordination
- Promoting innovation
NITI Aayog for new India @75
- Driving factors
- Infrastructure
- Inclusion
- Governance
Financial resources for economic plans
- Domestic budgetary sources
- Deficit Financing
- Foreign assistance
Moving toward the Role of the priority sector and MSME in the Indian economy we must be covering below mentioned:
Role of priority sector and Micro Small and Medium Enterprises in the Indian economy
Role of priority sector
Number of priority sectors identified in India
- Agriculture
- Export credit
- Weaker sections
- Social infrastructure
- Education
- MSMEs
- Housing
- Social Infrastructure
- Others
Norms in priority sector lending
MSME
- New & Old Definitions of Micro small and medium enterprises
- Role and Importance of MSME in the development of economy
- Present status of MSME in India
- Contribution to GDP
- Share of GVA (gross value added) in all of India’s GDP
- Bank credit to this sector
- Employment generation
- Import Export and Trade
- Objectives achieved
- Contribution to domestic production
- Significant earnings from export
- Requirement of low investment
- Operational flexibility
- Location-wise mobility
- Lesser intensive imports
- Capability of developing or building indigenous technology or product
- Substitution of many kinds of imports
- Contribution to the defence production
- Technology-intended industries
- Inducing positive competitiveness in the domestic and export market
Government initiatives introduced for MSME
- Atmanirbhar Bharat package
- Make in India
- Startup India
- Stand up India
- ECLGS (Emergency line guarantee scheme)
- CGTMSE (Credit guarantee fund trust for micro & small enterprises
- ISEC (Interest subsidy eligibility certificate)
- Production-linked incentive (PLI)
- Sector-specific PLI allocation
- Udyami Mitra portal
- MSME Sam bandh
- MSME delayed payment portal
- Digital MSME scheme
- Prime minister’s employment generation program
- SFURTI (Scheme for the fund for regeneration of traditional industries)
- ASPIRF (A scheme for the promotion of innovation, rural industries & entrepreneurship
- NMCP (National manufacturing competitiveness program)
- MSE-CDP (Micro & Small enterprises cluster development program
- CLCSS (Credit linked capital subsidiary scheme)
Infrastructure including social infrastructure
Infrastructure & Economic development
Energy, Power, Transport system
- Rail
- Road
- Civil aviation
- Energy infrastructure
- India’s initiative related to renewable energy
- Water management infrastructure
- Communication infrastructure
- Government initiatives to boost communication infrastructure
- Critical infrastructure
- Transport infrastructure
- Railways
- Parvatmala
- Urban infrastructure
- Green infrastructure
Concept of social sector and social infrastructure
- ESG
Health education & family welfare
Trends in social service sector expenditure by general government (combined states & center)
Development of health infrastructure
Some important topics of Globalisation are
- Impact on India
- Concept
- Its advocacy
Fair globalization and the need for a policy framework
Re-emergence of protectionism
Economic reforms include following
- Transformation
- Green revolution
- Industrial modernisation
- LPG reforms
Economic transformation in real sector
- Liberalisation
- Privatisation
- Globalisation
Economic transformation in the financial sector
- Banking sector reforms
- First phase of reforms- The Narasimha committee I (Feb 1992)
- Important reforms under 1992
- Capital adequacy norms
- Progressive reduction of Cash reserve ratio and Statutory Liquidity ratio
- Credit delivery
- Debt recovery tribunal (DRT)
- Strong supervisory system
- Entry of new private banks
- Mergers and amalgamation
- Second phase reform: Narasimhan Committee II
- The benefits of the Second phase of Banking sector Reforms were:
- Deregulation of branch licensing
- Prudential norms and disclosure requirements
- Capital adequacy
- Important milestones of banking sector reforms
- Prudential reforms
- Supervisory reforms
- Competition reforms
- Market reforms
- Institution and legal reforms
- Technology reforms
- Debt market reforms
- Foreign exchange market reforms
- Insurance sector reforms
- Capital market reforms
Economic transformation: Integration with global economy
Economic reforms in India
Economic crises in India
- Higher fiscal deficit
- Adverse balance of payment situation
- High inflation rates
Macroeconomic stabilization
- Fiscal policy reforms
- Tax reforms
- Balance of payment reforms
- Monetary policy reforms
- Inflation control
Structural Adjustment reforms
- Industrial policy reforms
- Infrastructure reforms
- Agriculture reforms
- Financial sector reforms
Foreign trade policy, foreign investments and economic development
- Structural changes in 1990S: FTP
- FTP: 2015-20
- Salient features of 2015-20 FTP
- Simplification & Merger of Reward structure
- Trade facilitation & Ease of Doing business
Challenges to be addressed in upcoming FTP
FDIs, FIIs and Recent trends
Routes of FDI in India
Automatic route of RBI
Government route
Sector wise FDI flow routes and limits to India
Types of FDI
- Greenfield FDI
- Brownfield FDI
- Joint venture
FDI prohibited sectors
Foreign institutional Investment
Economic development vs Economic growth
Importance of economic development as a dimension etc
International economic organisations have these below mentioned topics under it:
International Monetary Fund and World bank
Functions of IMF
India’s economic relationship with IMF
Special drawing rights (SDR)
- Export criterion
- Freely usable criteria
World Bank
ICSID (International Centre for Settlement of Investment Disputes
MIGA (Multilateral investment guarantee agency
IFC (International finance corporation)
IDA (International development association)
IBRD (International bank of reconstruction and development
Difference b/w World bank and International monetary fund
World trade organisation- India & WTO
Regional economic cooperations
- European union
- Eurozone
- SAARC
- ASEAN
- OPEC
- G-7
- G-20
- OECD
- NAFTA
- APEC
- Mercosur
- IORARC
- RCEP
- BIMSTEC
Recent international economic issues
Climate change and Sustainable development goals include following topics
Core elements of sustainable development
Global issues and initiatives
India’s progress in Sustainable development goals
Sustainable goal 13 of India: Climate Action
- Five panchamrit commitments to combat climate change
Banks and Climate change
Green finance for sustainable development
Progress in India
Progress and Challenges of green finance in India
- Green lending
- Green bonds
CSR (Corporate social responsibility activities)
Issues facing Indian economy is divided into following topics
Poverty alleviation
Jobless growth
Rising inequalities
Migration and excessive pressure on resources
Possible remedies
Pandemic situation
LEARNING SESSIONS
You have access to all of the courses through learning sessions for an incredible 82% off.
- Use the code NEW2024 to take advantage of the promotion.
where you will discover
- Full Videos
- Chapter-by-chapter questions from the past year
- Practice Notes in PDF
- Module-wise syllabus coverage
- Module-wise PYQs
- Videos downloadable at 2x speed
- These are available at https://learningsessions.in/caiib-exam-study-material/
Use the Android app listed below to access the courses: LS PRO & IIBF LEARNING CENTER Android App or Website: iibf.info
App for iOS: My Institute (Gegkt code)
Learning Centre website: Learning Center(Code: gegkt)
By following us on social media, you may get the most updated information on the CAIIB/JAIIB 2024, bank promotions, bank certification courses, and learning session courses https://linktr.ee/lsiibf
