New CAIIB BFM 2020 ,JAIIB, &IIBF PDFs, recollected questions .

New CAIIB,JAIIB & IIBF PDFs and recollected questions .

READ MACMILLIAN ULTIMATE BOOK FOR EXAMS

All the best .. Utilize it properly

IIBF:

https://iibfadda.blogspot.com/2020/03/new-all-iibf-certifications-pdfs-in.html

https://iibfadda.blogspot.com/2020/01/single-link-for-recollected-questions.html

https://iibfadda.blogspot.com/search/label/Recollected%20Questions%20for%20%20all%20exams

Jaiib: PDFs

https://iibfadda.blogspot.com/2020/11/jaiib-exam-pdfs.html

https://iibfadda.blogspot.com/2020/05/single-link-for-jaiib-recollected.html

Caiib: PDFs

https://iibfadda.blogspot.com/2020/11/caiib-pdfs-and-recollected.html

https://iibfadda.blogspot.com/2019/05/caiib-single-link-for-all-recollected.html

NISM/NIBM:

https://drive.google.com/drive/folders/1RGXJQDOGBA8U6CAyWJ7oqwaYoh3r1a2l?usp=sharing

1.Not allocating sufficient amount of Study time daily:

This is a very common mistake done by many CAIIB aspirants, Cramming the information before the night of the exam or before two days may helped you in JAIIB examination (Although it is a wrong way of preparation). But here in CAIIB examination it won’t help you to even score thirty marks. A thorough understanding of concepts are needed for almost all topics so having a daily study routine is must for all aspirants.

I know it is very tough to find time during our busy banking hours. If you don’t have time for continuous 2 hrs then split the study hours into three or four sessions of 30 to 40 minutes a day. Since syllabus of CAIIB subjects cover many topics; In depth understanding of each topic is also needed to answer questions that test our knowledge, analytical skills and problem solving skills. So daily allocating sufficient amount of study time is necessary.

2.Not having clear focus on optional paper:

Selecting the correct optional paper and having clear focus on it, is must for successful completion of CAIIB exam. Although the Retail banking and Financial Banking are easy papers to clear, You need choose your optional paper based on your knowledge, interested areas in banking and career development. Don’t follow others recommendation for optional paper blindly. You have to analyse and decide your optional paper.

Remember CAIIB is not only for increments; it also provides many useful theoretical knowledge in different areas of banking.

 

3.Not learning the basic concepts:

Every topic of a subject has basic and fundamental concepts to be learnt by heart. Learning them thoroughly makes us to understand the more complex concepts. Complex concepts are nothing but complex combination of simple and basic concepts. We should have studied the fun1damental concepts in JAIIB (who knows it now ;P ;)). If not revise it then and there when it is required.

To learn the fundamental concepts of economy, business maths, accountancy you can refer more books from your commerce background friends. Remember learning complex concepts won’t be useful if you don’t understand the fundamental concepts behind them.

4.Not understanding and giving importance to syllabus:

In any examination if we want to pass that exam we should thoroughly understand the syllabus first. Because understanding the syllabus will give us a clear picture of what we are going to learn. We also get some insights about the subject. It also helps us to have an idea whether we are familiar with that topic or not. This will help you to assess the complexity of the subject and how much time you need to spend with a topic.

Give importance to syllabus helps to choose the right books for our preparation. Because there are materials that doesn’t cover the full syllabus (only the main areas of the syllabus) are available free in many study groups and websites. Aspirants who doesn’t aware of syllabus simply read those material and attend the exam.

5.Not having a preparation strategy and study plan

This is a common mistake many aspirants do, thinking there is no necessary for planning your study. They even think it is a waste of time. Whatever excuses we give, having a preparation strategy and study plan is must for any type of exam. It will help us to be goal oriented and stay focused of our target. If you do your targeted studies every day, it will make you motivated. As your progress through your schedule you will feel relaxed and your stress level for exam is reduced.

Creating a schedule will hardly take one to two hours of your time. While creating a schedule of your own you will also analyse the syllabus. There are many benefits can be pointed for having a good study plan. Though the initial effort may look too much; But the benefits are fruitful and long-lasting.

6.Not taking effective notes while studying itself

Many aspirants not even consider taking notes is a part of study. While studying if you take notes you will give importance to details. Giving importance to details will make you to ask more questions and to find short answers for it. This enhances your understanding about the topic. It also makes you to break down the contents of your learning in an easy way. Therefore your memory increases and whenever you see the notes you can recollect the content.

Thus taking notes helps you for better and easy revision. I know it is time consuming but once you are familiarised, it will be easy for you to take notes. Because your eyes can spot the important detail easily; Your mind organise them with an analogy for easy remembrance.

7.Not solving and practising mathematical problems:

Unlike JAIIB, here calculations, formulas and case studies are very important. You definitely need to solve all the problems in your study materials and work books you got. Don’t simply study a formula using one example of a problem related to it. Change the parameters and create problem of your own then solve it. By doing so, you will learn about importance of each parameter of the formula.

Practice, Practice, Practice!!!!!. There is no replacement for practising when solving problems, case studies and balance sheet analysis. When solving problems related to Balance sheet also use the same method as described above. There by we can improve our problem solving skills and analytical skills

8.Not revising the topics regularly:

Many aspirants ignore the importance of revising, stating there is no time for revising. If you are not making study plan you will not even find time to complete the syllabus. So no excuses, use your notes to revise the topic at regular intervals. For example every Sunday spare 20 to 30 minutes for revising, in addition to your study time.

 “Revise little but often” is the key strategy. Repeated revision make you feel bored and gives a feeling “Ahh!!! I know it. Don’t need to study”. But it makes you to master a topic; If five questions are asked from a single topic for knowledge testing; You can answer all, with 100% accuracy.  

9.Not learning from the mistakes:

The biggest and costliest thing is learning from your mistake. If you have failed in an attempt, accept the failure and analyse where you lacked. When I say accept your failure that doesn’t mean to blame yourself. It means asking yourself questions related to find the cause of the failure. What is the main reason for non completion of the syllabus? In which topic i should improve my knowledge? etc,. How can I improve my reading ability further?

The answer to the questions should not be too general. It should be specific to spot your weakness. When you find your weakness please work on it. Nobody is perfect in the universe; So find your weakness and mistakes; Try to rectify it before your next attempt.

10.Not using the technology for proper and effective preparation of exam:

Because of the technology we can study anything from anywhere. So use your mobile, internet, websites, facebook communities,forums and blogs etc,.You can get any information from internet in just a single click or a single press of your finger. I am not saying you to depend on them but to use them as effectively as possible. So do your search whatever you feel useful subscribe to them.

Also many websites offering free mock test use them to test your knowledge. While giving mock test take it as serious as an exam. Then only you can know your time management under pressure and boosts your confidence.

CAIIB ABM Strategy

ABM is one of the compulsory subjects for CAIIB. Most of the people find difficult to clear this paper. Today, I will tell you how to study for ABM subject.

This subject also contains 4 modules

MODULE – A: Economic Analysis

MODULE – B : Business Mathematics

MODULE – C : HRM in banks

MODULE – D : Credit Management

As we are bank employees we get very less time for study, so how to decide which topics to be read, which topics to be skipped?

-As I had told you in my previous blog article that generally paper consists of 60% theoretical & 40% numerical or case studies, so choose the module to be study in deep so as to clear the paper easily depending upon your personal strength and weakness.

If you observed all the modules, you will realize that Module A and Module C are most scoring modules. Do not skip these modules. Module B contains Business Mathematics which many people find difficult to study as the level of mathematics is tough, especially for non-engineering background people. Those who works in Credit/Loan Department will find that Module D easy as well as interesting. Module D is most important not only exam point of view but also for your daily working in Credit Department. So do not skip Module D.

IMPORTANT TOPICS FROM EACH MODULE

Module A- Supply and Demand, Money Supply and Inflation, Business Cycles, GDP Concepts and Union Budget.

No need to read McMillan Book line by line for thise module, short notes will be quite useful for studying this module. Don’t read stats given in these chapters. In GDP Concepts and Union Budget chapters numerical are asked which are quite easy provided you know the components and formula.

Module B-Time Value of Money, Sampling Methods, Simulation, Bond Investment

Don’t go to deep for study this module as mathematical calculations are difficult to understand especially for non engineering background people. Practice the examples given in McMillan. Those who are not good at math can skip this module and focus more on remaining modules.

Module C-Development of Human Resources, Human Implications of Organisations, Performamce Management, HR 

You need to read thoroughly all the topics from this module from McMillan. It is quite easy and theoretical only. Repeatedly read MCQs from N.S. Toor book of this module.

Module D-Overview of Credit Management, Analysis of Financial Statement, Working Capital Finance, Credit Control and Monitoring, Rehabilitation and Recovery.

Read this module from McMillan book only. The chapters in this module are not lengthy as compared to other modules. Practice Numerical from Financial statement and balance sheet.

Overall, you have to study at least three modules in detail so as to achieve the 50 score. You can choose the modules to study more depending upon your strength. I would suggest that you can keep module B at last, just read formulas from this module, as this module is quite boring, lengthy and hard to understand

https://iibfadda.blogspot.com/2020/08/caiib-abm-strategy.html?m=1

BFM::;;

The strategy for the study of Bank Financial Management which many people finds difficult to clear. If you study properly, it is easy to clear the BFM. This subject also contains 4 modules, they are;

-International Banking

-Risk Management

-Treasury Management

-Balance Sheet Management

Many people do not correlate the syllabus of the subject with day to day banking activity. So they find it difficult to score and understand this subject. But this not true, this subject is very much important which will increase your knowledge regarding top management & middle management functioning of your bank as well as banking as a whole industry.

All the modules are equally important, but you may clear the paper with three modules study also. Module A & B are relatively easy and scoring as well. Let us discuss strategy for each module.

Module A-International Banking

Important topics are Exchange Rates and Forex Business, Basics for Forex Derivatives, Documentary LC, and Facilities for Exporters & Importers

Rapid reading or bullet point reading is quite useful for this module. Practice numerical again and again.

Many numerical/case studies are asked from this module which are quite easy as compared to Module B & Module D case studies. Refer the case studies from McMillan given at the end of the topic. Also N.S.Toor book has many numerical and case studies. Questions are asked on Exchange rates, Shipment Finance etc.

Module B-Risk Management

All chapters are equally important as they are interlinked to each other. Again focus more on case studies/numericals given in Apendix at the end of chapter. Maximum case studies are asked from this module. Though short notes are useful for this module I would suggest McMillan reading for this module because some questions are twisted type for which you require details of the concept which is hard to get from short notes. RBI website contains FAQs which are quite useful for this modules, you should read them at least once.

Module C- Treasury Management

Important topics are Introduction, Types of treasury products, Treasury Risk Management, Treasury and Asset-Liability Management.

Mostly questions asked on this module are theoretical type, so through reading of McMillan is important. If you don’t get time then you can skip this module or read short notes since the weighted of this module for exam point of view is low according to me as compared to Module A&B. But those who wish to make carrier or work in treasury department, this is the best module to learn.

Module-D Balance Sheet Management

Important chapters are Components of ALM in Bank’s Balance Sheet, Capital and banking Regulation,, Capital Adequacy, Asset Classification and Provisioning Norms, Interest rate Risk management.

Though McMillan book contain sufficient material but I would suggest you to refer RBI website for this module. In this module focus more on Case Studies as compared to theoretical questions. Do not skip this module as it is much important for exam as well as knowledge point of view. No need to read McMillan line by line.

Overall you have to keep balance between theoretical reading as well as case studies/numerical since the paper would contain 40-45% case studies. N.S.Toor book contains good case studies and MCQs. Also there are many resources available on the internet from where you will get case studies for this module. After giving this paper you will realized that BFM is easier as compared to ABM and no need to worry for BFM.

STUDY STRATEGY & STUDY METHOD FOR JAIIB-CAIIB.

Dear All JAIIB-CAIIB Aspirants. Last time I've Discussed [Updated] about:

1. JAIIB-CAIIB STUDY STUDY STRATEGY & PLAN

2. 10 HABITS TO CLEAR CAIIB

3. A SHORT STORY BEHIND MY JAIIB-CAIIB SUCCESS

4. 5 HABITS TO CRACK JAIIB-CAIIB.

2Day Let Us discuss about Strategy for the JAIIB-CAIIB (Each Subject Wise & Every Topic Wise).

01. JAIIB (JUNIOR ASSOCIATE INDIAN INSTITUTE BANKERS)..

▪STUDY STRATEGY FOR JAIIB-PPB.

PPB (Principles & Practices of Banking) Subject is Very Easy & Daily Banking knowledge sufficient to crack the PPB Subject, If You need more knowledge Study properly McMillan Book..

This Subject Contains 4 Modules:

MOD-A: Indian Financial System

MOD-B: Functions of Banks

MOD-C: Banking Technology

MOD-D: Support Services-Market of Banking Services/Products.

- As WE are Bank Employees WE get very less time for study, so how to decide which topics to be Read & which topics to be Skipped?

IMPORTANT TOPICS FROM EACH MODULE:

1. MOD-A: INDIAN FINANCIAL SYSTEM.

• Banking Regulations

• Capital Markets/Regulators

• Risk Management & BASEL II-III

• Factoring & Forteiting.

This Module is has 11 Topics & this's theoritical Module.

You must read BASEL-2 an overview because this most Important in Our Banking life & as well as in Upcoming Exams. 2nd Paper of JAIIB (AFB) & In the Course of CAIIB 1 Subject there's full Module on this topic.

2. MOD-B: FUNCTIONS OF BANKS.

• Banker-Customer Relationship

• Ombudsman Functions

• Lending (Working Capital)

• MSME & SHG

• NPA Provising.

This Module has 17 Topics & Most Important, Most Useful topics in Our daily Banking routines/duties.

Some Examples are: Banker-Customer Relationship, Accounts Opening to Various types of Customers, SHGs, Credit Cards, Govt Sponsored Schemes, FI, NPA, Collaterals Types, Payment & Cheque Collections, NI Acts, etc.

So, It's the most important Module to get Good Marks in this Subject & also get Good Knowledge in Banking Industry to take care of yourself about what is Good to do & what not?.

3. MOD-C: BANKING TECHNOLOGY.

• Data Communication & Network

• Security Consideration

• Cyber Crimes.

This Module has 6 Topics & Most Easiest Module among 4 Modules.

This Module would be Cakewalk for B.Tech (Computer Science/IT), B.Sc (Computer) & BCA/MCA Students. But it doesn't mean that tough for Non-Computer Students. they'll also get Easy Marks in this Module. try to get full Marks from this Module as it has 5 topics, those are also easily Understandable topics.

4. MOD-D: SUPPORT SERVICES-BANKING SERVICES/PRODUCTS.

• Social Media Marketing

• Pricing & Distribution

• MIS & DIS/DMA

• CHIPS & CHAPS

• Agri Management.

This Module has 8 Topics & As the name suggests it's fully about Marketing. It doesn't mean that You should be Good at Marketing & Some basic concepts of Marketing will come to you in this Module.

This Module is Cakewalk for MBA (Marketing) Students. You can simply complete this MOD-C.

5. MOD-E: ETHICS IN BANKS & FINANCIAL INSTITUTIONS.

• Business Ethics & Banking

• Individual Ethics Level

• Ethical Dimension

• Ethic Work & Workplace

• Banking Ethics.

This Module has 5 Topics & As the name suggests it's fully about Banking Ethics Management. It doesn't mean that You should be Good at Ethics of Bank Employees & Some basic concepts of Banking Ethics, Work Ethics & Work Place will come to you in this Module.

This Module is Cakewalk for B.Com & M.Com Students. You can simply complete this MOD-B & D.

- Overall, You've to Study at least 3Modules in detail so as to Achieve the 60-70 Marks. You can choose the Modules to Study more depending upon Your Strength..

▪STUDY STRATEGY FOR JAIIB-AFB.

Strategy for the study of AFB (Accounting & Finance for Bankers) Subject, which Many People finds Very Difficult to clear. If You Study Properly, It's Very Easy to Clear AFB.

This Subject Contains 4 Modules:

MOD-A: Business Maths & Finance

MOD-B: Principles of Bookkeeping & Accountancy

MOD-C: Final Accounts

MOD-D: Banking Operations.

This Subject mainly Cakewalk for B-Com & M-Com Students.

Many People don't correlate the syllabus of the subject with Day to Day Banking Activity. So they find it difficult to Score & Understand this subject. But this not true, this Subject is Very Important which will Increase Your Knowledge regarding JUNIOR & MIDDLE MANAGEMENT functioning of Your Bank, As Well As a whole Banking Industry; So How to decide which topics to be Read & which topics to be Skip?.

IMPORTANT TOPICS FROM EACH MODULE:

1. MOD-A: BUSINESS MATHS & FINANCE.

• Interest Rate Calculation

• YTM Calculation

• Capital Budgeting

• Depreciation & Accounting.

This Module has 6 Topics & Easiest Module among 3 Modules as it's calculative part as the Name Suggests.

I'll Say how much Important it's, there's ABM Subject (CAIIB 1st Paper). That Subjects basic points are given here as basics in this MOD-A (Economic Analysis), In this Module You must read BASEL-2 & 3 an overview. Because this's most Important in Our Banking Life & As Well As in upcoming exam CAIIB (1Subject there's Full Module on this topic).

Some simple topics are: Interest Calculation (EMI & NPV), Basel-2 & 3 Accord Overview, YTM Calculation, Depreciation (Methods of Straightline, Decling Balance & Double Decling Balance), FOREX (So Many People thinks it's difficult. But If You study Its Basics you'll also get Good Marks in CAIIB-ABM Subject).

2. MOD-B: PRINCIPLES OF BOOKKEEPING & ACCOUNTANCY.

• Bank Reconciliation Statement

• Trial Balance & Closing Entries

• Capital & Expendutre

• Foreign Exchange.

This Module has 5 Topics & Most Important, Most Useful topics in Our Daily Banking Routines/Duties.

It Contains:

• What's Book-Keeping & Accountancy?

• What's Book-Keeping & Its Standards?

Ans: It has 3 Topics, they are:

1.There's Basics of Book-keeping & Its Standards. There are 29 Accounting Standards, You must be Familiar with this to complete this MOD-B.

2.There are Accounting Concepts at Recording & Reporting Stage in Each One (You must read 6 Points).

3.There are topics like Journal, Ledger, Petty Cash, Head Cashier Ledger, Etc..

So, It's the most Important Module & to get Good Marks & Good Knowledge in Banking Industry.

3. MOD-C: FINAL ACCOUNTS.

• Balance Sheet Equation

• Ratio Analysis

• Rectification Errors

• Final & Company Accounts.

This Module has 12 Topics & As the title of Module suggests Special Account, it's the Most Priority Module You can give after MOD-A (Business Maths & Finance).

In this Module all topics Very Interesting & Makes You Curious to learn topics easy to study. Some topics are: BRS, Exchange Bills, Depreciation Accounting (This would be Continuation to Depreciation topic in MOD-A), Consignment Account, Leasing Hire Purchase, Joint Venture, Non-Trading Organisation Accounts, Etc.

4. MOD-D: BANKING OPERATIONS.

• Banking Operations

• Cash/Clearing & Deposits

• Loan Accounts.

This Module has 6 Topics & Some simple easy topics.

Those are: Balance Sheet Equation, Partnership Accounts (VV Imp), Company Accounts & Final Accounts, Etc..

- Overall, You've to Study All 4Modules in detail so as to Achieve the 55-60 Marks. You can choose the Modules to Study more depending upon Your Strength..

▪STUDY STRATEGY FOR JAIIB-LRAB.

LRAB (Legal & Regulatory Aspects of Banking) Subject is which Many People finds Very Difficult to clear. If You Study Properly, It's Very Easy to Clear LRAB.

This Subject Contains 4 Modules:

MOD-A: Regulations & Compliance

MOD-B: Legal Aspects of Banking Operations

MOD-C: Banking Related Laws

MOD-D: Commercial Laws with Reference to Banking Operations.

This Subject mainly Cakewalk for LLB Graduates (Students) & Very tough even than AFB Subject, as it's full theoretical Subject.

-As We're Bankers WE get very less time for Study. So, How to decide Which Topics to be Read & Which Topics Skipped?.

IMPORTANT TOPICS FROM EACH MODULE:

1. MOD-A: REGULATIONS & COMPLIANCE.

• Legal Framework

• Returns, Inspection & Mergers

• PSB & Co-Operative Banks.

This MOD is have 5 Topics & You'll learn, Constitution of Banks, What're Banks, Types of Banks, Regulator of Banks, Banking Ombudsman, Payment Systems, Etc.

Give 1st Preference to this MOD (If You want to start with Theory).

2. MOD-B: LEGAL ASPECTS OF BANKING OPERATIONS.

• Borrower & Credit Facility Types

• Bank Guarantees

• Bill Finance Laws

• Reg & Satisfaction Charges.

This MOD has 14 Topics & Will discuss about Responsibilities of Bank while doing its duties & Some more important topics those will come in CAIIB.

Some Important & Easy Topics in this MOD are: Responsibities of Paying/Collecting Banks, Indemnities, Bank Guarantees, LOC (VV Important Topic in whole JAIIB-CAIIB), Types of Credit Facilities, Secured & Unsecured Loans, Etc.

3. MOD-C: BANKING RELATED LAWS.

• SARFASI Act

• BBE Act

• Lok Adalats

• Income Tax Act.

This MOD has 21 Topics & Heart of the Subject. Because all the Laws are in this MOD.

Don't think that reading Years of Acts is sufficient. In this MOD All Topics are Very Important & Easy to Study.

Some Topics are: SARFASI Act-2002 (Introduction & Definition), Banking Ombudsman Scheme-2006, DRT Act, BBE Act-1891, LSA Act, CP Act, Tax Laws, Etc.

4. MOD-D: COMMERCIAL LAWS WITH REFERENCE TO BANKING OPERATIONS.

• Contract Act

• N.I. 1881 Act

• BR Act

• Partnership Act

• RBI Act

• Limitation Act

• Company Act.

This MOD has 28 Topics & If You see, the 1st time You'll get Emotional Tears as it's the most heaviest of All MODs (But know a proverb 'All that Glitters isn't Gold' its easiest among all MODs). Because these Chapters are Simple & Easy to learn Topics, You can pay this MOD as 1-Liner Stories.

These MOD has all the related Laws that in Topics of 2nd Subject of AFB.

Some Topics are: Contracts of Indemnity, Guarantee, Bailment, Pledge & Agency, Partnership Basics, Types of Companies, Etc.

- Overall, You've to Study ALL 4Modules in detail so as to Achieve the 70-80 Marks. You can choose the Modules to Study more depend upon Your Strength..

02.CAIIB (CERTIFIED ASSOCIATE INDIAN INSTITUTE BANKERS)..

▪STUDY STRATEGY FOR CAIIB-ABM.

ABM is 1 of the Compulsory Subject for CAIIB; Most of the People find very difficult to clear this Paper, If you study properly it's easy to clear the ABM Subject.

This Subject Contains 4 Modules:

MOD-A: Economic Analysis

MOD-B: Business Mathematics

MOD-C: HRM IN BANKS

MOD-D: Credit Management.

- As WE are Bank Employees WE get very less time for study, so how to decide which topics to be Read & which topics to be Skipped?

The Subject Generally Paper consists of 60% Theoritical & 40% Numerical/Case Studies. So choose the Module to be Study in deep so as to Clear the Paper easily depending upon your Personal Strength & Weakness.

If You observed the All Modules, You'll realize that MOD-A & C are most Scoring Modules. MOD-B contains Business Maths which many People find difficult to Study as the Level of Maths is tough (Especially for ARTS, SCIENCE & ENGINEER background People). Those who works in Credit/Loan Section will find that MOD-D is most Important not only Exam Point of View. But also for your daily working in Credit Section, so don't skip MOD-D.

IMPORTANT TOPICS FROM EACH MODULE:

1. MOD-A: ECONOMIC ANALYSIS.

• Supply & Demand

• Money Supply & Inflation

• Business Cycles

• GDP Concepts & Union Budget.

No need to read McMillan Book line by line for this Module, Short Notes will be quite useful for Studying this Module. Don't read Stats Given in these Chapters; In GDP Concepts & Union Budget, Chapters Numerical are asked which are quite easy provided You know the Components & Formula.

2. MOD-B: BUSINESS MATHS.

• Time Value of Money (TVM)

• Sampling Methods

• Simulation

• Bond Investment.

Don't go to deep for Study this Module as Mathematical Calculations are difficult to understand (Especially for ARTS & SCIENCE background People). Practice the examples Given in McMillan; those who are not Good at Maths can skip this Module & focus more on Remaining Modules.

You can keep MOD-B at last, Just read Formulas from this Module, as this Module is quite boring, length & hard to understand.

3. MOD-C: HRM IN BANKS.

• Human Resource Development

• Human Implication Organisation

• Performance Management

• HR & IT.

You need to read thoroughly All the topics from this Module from McMillan. It's quite easy & theoretical only. Repeatedly read MCQs from N.S.TOOR Book of this Module.

4. MOD-D: CREDIT MANAGEMENT.

• Credit Management Overview

• Financial Statement Analysis

• Capital Finance Work

• Credit Control & Monitoring

• Rehabilitation & Recovery.

Read this Module from McMillan book only; the Chapters in this Module are not lengthy as compared to Other Modules. Practice Numerical/Study Case from Financial Statement & Balance Sheet.

- Overall, You've to Study at least 3Modules in detail so as to Achieve the 50 Marks. You can choose the Modules to Study more depending upon Your Strength..

▪STUDY STRATEGY FOR CAIIB-BFM.

Strategy for the study of BFM (Bank Financial Management) Subject, which Many People finds very difficult to clear. If you study properly it's easy to the BFM.

This Subject also contains 4 Modules:

MOD-A: International Banking

MOD-B: Risk Management

MOD-C: Treasury Management

MOD-D: Balance Sheet Management.

Many People don't correlate the syllabus of the subject with Day to Day Banking Activity. So they find it difficult to Score & Understand this subject. But this not true, this subject is very much important which will increase your knowledge regarding TOP & MIDDLE MANAGEMENT functioning of your Bank, as well as a whole Banking Industry.

All the Modules are Equally Important, but you may clear the paper with 3 Modules study also.MOD (A & glasses emoticon are relatively easy & scoring as well.

Let Us discuss the Strategy for CAIIB-BFM. Each Module wise:

1. MOD-A: INTERNATIONAL BANKING.

• Exchange Rates & Forex Business

• Basics for Forex Derivatives

• Documentary LC

• Facilities for Exporters & Importers.

Rapid Reading/Bullet Point Reading is quite useful for this module. Practice Numerical again & again.

Many Numerical/Case Studies are asked from this module which are quite easy as compared to Mod-B & Mod-D case studies. Refer the case studies from McMillan given at the end of the topic. also N.S.TOOR books has many Numerical & Case Studies. Questions are asked on Exchange Rates & Shipment Finance, Etc.

2. MOD-B: RISK MANAGEMENT: All Chapters are equally important as they are interlinked to each other. Again focus more on Case Studies/Numericals given in Apendix at the the end of charter.

Maximum Case Studies are asked from this module. Though short notes are useful for this Module, McMillan book reading for this Module, because some Questions are twisted type for which you require details of the concept which is hard to get from short notes.

RBI Website contains FAQs which are quite useful for this Modules, you should read them at least once.

3. MOD-C: TREASURY MANAGEMENT.

• Introduction

• Types of Treasury Products

• Treasury Risk Management

• Treasury & Asset-Liability Management.

Most Questions asked on this Module are theoritical type. so through reading of McMillan book is important. If you don't get time then you can skip this Module or Read Short Notes, since the weighted of this Module for exam point of view is low according to as compared to Mod-A & Mod-B. But those who wish to make Carrier/Work in Treasury Department, this is the best Module to learn.

4. MOD-D: BALANCE SHEET MANAGEMENT.

• ALM in Banks Balance Sheet

• Capital & Banking Regulation

• Capital Adequacy

• Asset Classification & Provisioning Norms

• Interest Rate Risk Management.

Though McMillan Book contain sufficient material but refer RBI Website for this module. In this Module focus more on Case Studies as compared to theoretical questions. Don't skip this Module as it's much important for exam as well as knowledge point of they. No need to read McMillan line by line.

- Overall, You have to to keep balance between Theoritical reading as well as Case Studies/Numerical since the paper would contain 40-45% Case Studies. N.S.TOOR book contains good Case Studies & MCQs. also there are many resources available on the Internet from where you will get case studies for this Module.

After giving this paper you will Realized that BFM is very easier as compared to ABM & Retail Banking. No need to worry for BFM, Be Happy.

▪STUDY STRATEGY FOR CAIIB-RB (RETAIL BANKING)..

DEAR ALL CAIIB ASPIRANTS.

Focus on following the Important Chapters for Retail Banking.

1. RB Latest Trends

2. ATM Updates

3. Mobile & Internet Banking Updates

4. EMI Calculation

5. TVM Annuity

6. FV/PV Annuity

7. Capital Gain

8. Taxation

9. Credit Card

10. Home Loan Valuation.

- Expectation 40-60% Marks, if u follows these Topics..

▪STUDY STRATEGY FOR CAIIB-INTERNATIONAL BANKING..

DEAR ALL CAIIB ASPIRANTS..

ALL 5 Modules are Very Very Important. MOD-A (Foundation of International Financial Management), MOD-B (Foreign Exchange Market, Rate Determination & Currency Derivatives), MOD-C (Foreign Exchange Exposure & Management), MOD-D (World Financial Markets & Institutions) & MOD-E (Financial Management of Multinational Firm) in CAIIB-International Banking Subject..

• Give the Most Importance & Practice more following Chapters in International Banking.

1. IB Monetary System

2. World Corporate Governance & Payments Balance

3. Globalization & Multinational Firm

4. FE Market & IB Equity Market

5. FE Futures & Options

6. Transaction & Economic Exposure Management

7. IB Money Market & Bond Market

8. IB Trade Finance & Capital Budgeting

9. Multinational Cash Management

10. IB Transfer Price & Tax Environment

11. IB Interest Rate & Currency Swaps

12. IB Capital Cost & Capital Structure.

- These Topics are Play Vital Role to Clearing CAIIB-International Banking Subject. Expected Score 50-70 Marks..

ALL THE VERY BEST..

WISH YOU GOOD LUCK & DO WELL

WISH YOU GOOD LUCK & DO WELL..

https://iibfadda.blogspot.com/2020/08/caiib-bfm-strategy.html

Digital banking recollected

  Digital banking recollected

Aeps

Nach

Upi

Virtual keyboard to safegaurd against keylogger

4 questions on process of chargeback

Nfc technology and RFID

Approx 8-10 question on security of POS terminals

2 que on MDR

What is cash withdrawal through pos called

Many questions were there from BC

, POS,

off us,

 on us transactions,

  pharming attack,

phishing attack,

 ATM skimming,

 business risk,

 memory scrapping,

 jackpotting,

 Financial inclusion,

Dispute Management System,

CTS,

Digital marketing,

 internet banking 2FA

, AEPS,

Keylogger Virtual keyboard,

Pinterest ,

Graffiti,

OOH,

brown level ATM,

 ekyc ,

FI is backed by         

wat is Graffiti.                                                  

wat is CRM customer Relationship Management.                                                         one questions on fraud in ATM card and Internet banking.                                                  wat is RTGS and Next generation RTGS

wat is Rupay Paysecure Solution.            Benefits of Rupay Card.                              wat is NACH and it's Role.                           

ABPS and NACH diffrence.                           .wat is ASA and KSA.                                     .one question on NFS and EKYC.              Offus and OnUs transaction Diffrence.  RTGS and NgTGS.                                   

NG rtgs works on ISO 20022.                      wat is CCIL clearing Corporation of India it's Role and Functions.                                        wat is Diffrence between DVP-lll (Delivery vs payment and Payment Vs Delivey) System..

 Diffrence between Compliance and convenience.          masquerading and Cyber mugging.     

wat is Jeckpotting.                                        wat is MILTDOWN and Spectrame.                  One question on Telebanking.                MMID and MPlpin wat Digit MMID 4 Digit                                                                 

  wat is giftcard prepaid card and store value card diffrences.                                    .credit and charge card diffrences.           .questions on magnetic strip card EMV chipbased card.                                                     questuons on what Document requires for Representment in prearbitration process......                                                             operating system hardening is a Application server risk.                                       diffrence between Enduser risk and application server risk.                                   wat is mobile device risk.                             wat is Identity Theft.                                   Difference between Basic Phishing and Spear phishing. . ......

Digital banking Recollected Questions on 1st July 2018 paper.... 1.cyber mugging 2.Miltdown & Spectrate. 3.what is Jeckpotting in ATM. 4.NPCI.... 5.CCIL one question. 6 .one question on CIA confidentiality Availability and Integrity. 7 .one separete question on only Integrity. 8.what is Plastic card. 9.one question on prepaid card. 10.wat is single purpose and multy purpose Cards.                                                    11.diffrence between credit and charge card. 12.wat are benefit for using virtual key board. 13.diffrence between Emv chip card and Magnetic strip cards. 14.diffrence between NFC near feild communication and RFID Radio frequency Identifications...... 15.diffrence between openscheme (4th Party and 3rd party close scheme.....

Digital banking Recollected Questions on 1 July 2018.............                                    16.one Questions on MDR.                                 17.diffrence between transaction processing clearing and settlement.          18.one separate question on CTS and Clearing.                                                                19.wat is phishing Pharming and Cyber mugging.                                                                 20.one question on Aadhar  bridge system for giving Subsidy.                                                21 which is not a 24*7 system IMPS NPCI UPI or USSD.                                                           22.one question on what is SFMS.                 23.diffrence between In Us and Off Is ATM 24.wat is difference between IMPS and IMT.                                                                         25.diffrence between CDM ATM and POS

1 July Digital Banking Paper Recollected Questions.                                      26.diffrence between white and Brown level ATM.                                                           27.diiffrence between Clearing and Settlement process.                                           28.wat is keystroke Logging and benefits of vitual key board.                                            29.wat is difference between business Declines and technical Declines.                         30.difference between authorization and Settlement process.                                           31.wat is limit of chargebeck-90 days.       32.one question on prearbiration process and dispute management Collette.                    33.one question on smshing and Phishing attack.......                                                             34 diffrence between malware and Torzan.  35.wat is *99*99# and it's benefit.                   36 .mobile wallets are prepaid or postpaid.       37.one question on OTP and TWO factor Authonthication process.                                     38.What is end-user risk.                                     39.wat is mobile device risk.                                 40 one question on Spearphishing.                   41 .wat is query service on Aadhar Mapper.42.one question on firewell and intrusions detection system.                                                 43.diiffrence between encryption and Decryption.                                                        44.diffrence between GPRS and PSTN POS 45.diffrence between portable and Pooled terminal.                                                                   46.one question only on Mobile POS.          47.wat is EKYC and it's benefits.                         48.wat is Terminal Management System.    49.wat is Mural-Advertising.                                50.wat is OOH out of home.....

Recollected Questions on Digital Banking Paper 1 July. .51.wat is Graffiti. 52.wat is CRM customer Relationship Management. 53.one questions on fraud in ATM card and Internet banking. 54.wat is RTGS and Next generation RTGS 55.wat is Rupay Paysecure Solution. 56.Benefits of Rupay Card. 57.wat is NACH and it's Role. 58.ABPS and NACH diffrence. 59.wat is ASA and KSA. 60.one question on NFS and EKYC. 61. Offus and OnUs transaction Diffrence. 62.RTGS and NgTGS. 63.NG rtgs works on ISO 20022. 64.wat is CCIL clearing Corporation of India it's Role and Functions. 65 .wat is Diffrence between DVP-lll (Delivery vs payment and Payment Vs Delivey) System..

Recollected Questions. 66.diffrence between Compliance and Convenience. 67.masquerading and Cyber mugging. 68.wat is Jeckpotting. 69.wat is MILTDOWN and Spectrame. 70.one question on Telebanking. 71.MMID and MPlpin wat Digit MMID 4 Digit 72.wat is giftcard prepaid card and store value card diffrences. 73.credit and charge card diffrences. 74.questions on magnetic strip card EMV chipbased card.                                                       75.questuons on what Document requires for Representment in prearbitration process...... 76.operating system hardening is a Application server risk. 77.diffrence between Enduser risk and application server risk. 78.wat is mobile device risk. 79.wat is Identity Theft. 80.Difference between Basic Phishing and Spear phishing. . ......

 Q81.what is SSL full form and it's signal turns into which colour green blue Aur Red. Q82.one Drawback of Smishing. Q.83.the process of remain hidden Online is called..... Q.84.what is Back and Access.... Q 86.one question on Cash Advance. Q87.wat is diffrence between VOID and Refund. Q 88.SFMS. Q 89.Encoding deciding Difference.. Q90..wat is Rootkit. Q 91.Social engineering. Q 92.diffrence between IDS and IPS. Q.93.OTP and Two fector Authonthication. Q.94.KeyStroke Loggers

ISB recollected

 Information system for banker 14/07/19

Recollected Questions: as shared by members

Caat

various controls

Seismic zone

Audit trail 

Is audit policy 

Stress testing

Sdlc

Tcp/ip

Poor architecture

Punishment for hacking

Oop language

Sniffing

Spoofing

System testing

2 questions from gassp

Iso 27001 

Digital signature

Attenuation

Osi related questions,

Moore law

Modem/bridge which layer in osi.

Bcp

Upi

ATM ,which type of txn- online

Rtgs which type of txn- real time

Non impact printer (jet,line ,dot matrix,laser )

Rdbms - null value 

Fastest ram,which type

Tcl command 

Sql command 

Cca 

Various testing

Many to many relationship, and vendor to inventory.

Repeater , where is it placed 

Emergey response team 

Pervasive principle in gassp.

Tuning

Switching,types of switches ,which is unidirectional.

Wdm/fdm/tdm related questions

Topology related 2 questions 

Mirror site ,hot site , etc related one question.

IIBF scheduled exams

 Schedule of Certificate Examinations under Remote Proctored mode - Aug/Sept 2020

Institute will be conducting the following examination under remote proctored mode as per the schedule mentioned below:

Examinations to be conducted in August- 2020 (8 examinations)

Sr.no Examinations

1. AML/KYC

2. MSME

3. Cyber Crime And Fraud Management

4. Certified Credit Professional

5. Certified Treasury Professional

6. Certificate In Risk In Financial Services - (Level -1)

7. Certified Accounting & Audit Professional

8. Certificate Course In Foreign Exchange

Examinations to be conducted in September 2020 (in addition to the 8 examinations given above: Total 13 examinations)

Sr.no Examinations

1. Certificate Exam. In Customer Service & Banking Codes And Standards

2. Certificate Examination In It Security

3. Certified Information System Banker

4. Certificate Course In Digital Banking

5. Certificate In International Trade Finance

Examinations Dates and Registration End Dates:

Sr. Exam date Day Registration End date

1. 02-Aug-20 Sunday 26-Jul-20

2. 08-Aug-20 2nd Saturday 01-Aug-20

3. 09-Aug-20 Sunday  02-Aug-20

4. 23-Aug-20 Sunday  16-Aug-20

5. 06-Sept-20 Sunday  30-Aug-20

6. 12-Sept-20 2nd Saturday 05-Sept-20

7. 13-Sept-20 Sunday  06-Sept-20

8. 20-Sept-20 Sunday  13-Sept-20

9. 26-Sept-20 4Th Saturday 19-Sept-20

10.27-Sept-20 Sunday  20-Sept-20

Examination will be conducted in 3 sessions in a day. The session timings are 10 to 12 Noon, 12.45 to 2.45 pm and 3.30 to 5.30 pm. Candidates can select the examination date and time of his/her choice.

For complete details, please Refer : http://www.iibf.org.in/documents/pdf/20200713_website%20schedule%20for%20RPE%20Aug-Sep-2020.pdf

Registration will be on first come first serve basis. We urge candidates to register as early as possible to avoid disappointment. 

The above 13 certificate examinations will be held in remote proctored mode only.

(will not be held under traditional physical classroom environment mode)

For detailed INSTRUCTIONS, RULES AND REGULATIONS of Remote Proctored Examinations click below link

http://www.iibf.org.in/documents/pdf/Rules%20and%20regulation%20of%20RP%20exam_20200525.pdf

Cyber crime recollected questions on 09th aug 2020

 Cyber crime and fraud management recollected questions today

Cyber stalking 

IT amendment act

Types of control 

Cyber crime origin 

Punishment for cyber crime 

Cyber squatting 

CIA

CBI function 

Honeypot 

Payment system 

Information security 

ISO 27001

NTRO

Rootkit

Trojan horse 

Info steal 

Cyber terrorism 

Hacking 

Hacking defined under IT or ITA

Computer Fraud 

Vishing 

IPC

DoS

Cyber Extortion 

Fire Alarm and CCTV, which type of control 

Malware 

Hactivist 

White hat hackers

Digital signature 

Electronic signature 

Integrity 

Durability 

Cyber forensic

RBI as regulatory

Sniffer

PKI

Encryption-decryption

Motive of hacker

OLTP

Payment Gateway 

Very few questions from module D.

Msme recollected questions on 02082020

MSME recollected questions 02082020

Recollected qs msme 02.08.20 3.30 pm batch

atmanirbhar bharat- 20000cr allocation and 1qs of which is correct.

Crm is ..

Mudra, sarfesi full form

Arrange correct order of credit process

1qs of diffusion, 

numerical on iscr, 

Arrange correct sequence of cluster development

Outcome of 2008 crisis- basel 3

Common of int and ext causes of Sick enterprises

Illeterate person execution of doc

Msme women enterprise

Tifac 1 qs

Doubtful asset

Rehabilitation package

Composite loan 1 qs 

Smera 1qs

Credit rating agency work 1 qs

Knitwear cluster- Ludhiana

Notice period in 6 months

Women entrepreneurs share- 51%

Private ltd directors

Max credit guarantee for women

New classification of msme

1 qs on wto

Pricing 1 qs

Mfi 1qs

Cambridge 1qs

Ots 2qs

Securitisaion find incorrect one

Diversion of funds- find correct one

Sick grey unit 1qs

Unido 1 qs on find incorrect one

Tuf related to which sector

Bds 3 qs

Msme do 1 qs

Contigent liablity- 1 qs

Pmegp 1 qs(max limit+ subsidy)

Single window scheme -2 qs

Venture capital- definition

Sidbi -2qs

Kvic-1qs

Fdi policy- 24%

New industrial policy-1qs

1qs on regulatory framework- 4 country names were given

1 qs on classification as per manpower/turnover.

SARFAESI full form

MSME women enterprises 3 ques

2mrks DSCR DEBTORS TURNOVER RATIO INTRST COVERAGE RATION 

RECENT JUNE 20 ATMA NIRBHAR PACKAGE 3 QUES

FDi investment policy

Recent changes in msme defention 2ques

Sick unit viability norms

Reasons for sick units both internal and external causes in single ques

CGTMSE coverege tricky women enterpris quess

About CRM

MUDRA IS ESTABLIHED FOR

Partnership firm llp diff

Security for lending JLG

 illiterate person execution of loan docs for 2mrks

Kyc aml recollected questions on July 26 2020

I read book even not read annexure and case studies 

But if have time just glance annexure/case study

Part A

Chapter 1

Economic effects

Difference between money laundering and Terrorist financing

Chapter2

Money laundering cycle

Placement

Layering

Integration

Terrorism financing

Structuring/Smurfing

Multiple tier of accounts

Funnel accounts

Shell companies

Hawala system

Gold and Diamond Markets

PEPS

Chapter3

FIU

Egmont group

Chapter4

BCBS

Page 30 to 47

Chapter5

Page 50 to 52

Chapter6

PMLA

54 to 64

Chapter7

67 to 73

Chapter8

Page 77 foreign branches

Chapter9

Embargo

Fatf style bodies differentiate

PartB 

Chapter1

Elements of kyc policy

88-89

Chap2

91

92-93 qs from Norms for Beneficial Owners determination

93-109

Chap3 all pages

Chap4 all pages

Chap5 all pages

Chap6

CKYC

153-154

Chap7

All pages

Cyber crime and fraud prevention recollected questions July 2020

Qs are from almost all chapters for module A some are 

Like

Which of the options are correct for fraud triangle

Cyber word origin from 

APT (Advanced persistent threat)

Spammers 

Script kiddies 

Phishing vishing

Cyber stalking

Threat vector

Threat landscape

John doe order

Dos ddos attack

Fast flux 

Ip spoofing

Cyber squatting

Term key logger other similar term is form grabber

Cryptography encryption decryption

ICANN (PAGE 27 GOOD READ)

INDRP 

cyber extortion ransomware

Zeus trojan

One qs like which is not malware 

SCADA full form

Three stakeholder of Information

Pillars of Information security(read in detail)

Non repudiation

Authorisation and authentication

2FA -ATM Transaction

Difference between digital and electronic signature

Tailgating

Masquerading

UTM 

BOTS botnet zombies 

Man in middle attack

Trojan

Adware

Types of malwareModule B

cyber crime and fraud difference relationship

Types of controls

2D bar coding

RFID

Software security controls

Case study qs based on front end validation 

Database schema based qs

DDL DML

Intrusion prevention

Detection control

Mens rea 

White collar offense

Page91 stages

93 all frauds are incidents but all incidents need not be frauds 

Reporting Investigation

NTP

PAGE 96 ITIL important phases in detail

Digital evidence vs physical evidence

Evidence collection

Locard exchange principle

SIM IMSI

CDAC

Object of cyber evidence

Cyber forensic 

Wearable technology

Chain of custody

DigitalForensic lab in Hyderabad

Spyware

UAV 

PAGE 53 most used passwords

Firewall

Types of hackers read in detail 

Backend access

Hacker tools

Ethical attack Ethical hacking

Anonymous

69 page q9

Suggest to read each chapter qs and answer also

Module C

OLTP

PAGE111 Which of following not online transaction technology they will give some different term 

BPSS

PSS act

Page113 115 116117

119 I agree

UCP Letter of credit

TLD

Payment wallet

IP spoofing

Payment system page 128

PSDG

BUDAPEST CONVENTION

sinkholing

Federal reserve 

SWIFT

Module D

Page 157

ISMS

CERT

Page 162 Anwar vs pk basheer

Skimmer 

NCRB

IT related legislation in india page164

Page 166 authentication of records

NTRO comes under PMO

Qs on page 167 need to read

Page171

Vodafone case and page 173

Advance fee

3D

ecommerce

Tax haven

HUMAN TRAIT (Sigmun Freud)is result of childhood 

Computer Addiction

Page185 186

information silo

Stylometry

Qs on page 191

196 Deity

RBI BFS 

Page 198 G GopalaKrishna qs can be like which are it cover from multiple options most probably a choice given so Answer should be all

NABARD

IDRBT INFINET

NET NEUTRALITY

204 205 

Chief compliance officer

Different National level institutions

NTRO

 NIA

DSCI

CERT

Page 216 cert instructions on blocking of urls

CBI

IB is world oldest 

directorate of enforcement includes fema and PMLA

US initiative is CISA

CDAC own operating system BOSS

prepaid card limit 50000

Page 139 140 141

carders

Cloning and Skimming

NFC

PCI- DSS

Rupay card

Investigation scene of crime

G gopalakrishna

EMV(EURO PAY MASTER VISA)

KYC AML 27 recollected questions on 12 th july

Raj Kamal Kyc AML QUESTIONS RECALLED: 12.07.2020

1. US SANCTIONS

2. BANK SECRECY ACT

3. MONEY LAUNDERING REGULATION 2007 -UK AML/ CFT LEGISLATION

4 . 3 TO 4 QUESTIONS ON DESIGNATED DIRECTOR

5. PRINCIPAL OFFICER

6. OTP BASED EKYC 4 QUESTIONS

7. CKYCR RELATED 2 QUESTIONS

8. RECORD RETENTION PILICY FOR TRANSACTION REPORTED TO FIU IND

9. BENEFICIAL OWNER IN CASE OF COMPANY AND TRUST

10. BO CONTROLLING INTEREST

11. ADVERSE EFFECT OF MONEY LAUNDERING

12. DIFF BETWEEN ML AND TF

13. STR CTR CCR REPORTING FREQUENCY

14. TRANSACTION MONITORING

15. AML ALERT

16. FATF SANCTIONS,UN SANCTIONS

17. FIU IND FUNCTION

18. FATF CELL FUNCTION

19. ED FUNCTIONING

20. SERIOUS FRAUD INVESTIGATION OFFICE

21. FACTORS DISSEMINATING STR TO LAW ENFORCEMENT AGENCIES

22. EXCHANGE HOUSE

23. AS PER BCBS SHARING OF INFORMATION FLOW

 24. FATF REGIONAL BODIES

25.AML CELL FUNCTION

26. SMALL ACCOUNT 3 QUESTIONS

27. DESIGNATED OFFICER RELATED 1 QUESTION

1. US SANCTIONS

2. BANK SECRECY ACT

3. MONEY LAUNDERING REGULATION 2007 -UK AML/ CFT LEGISLATION

4 . 3 TO 4 QUESTIONS ON DESIGNATED DIRECTOR

5. PRINCIPAL OFFICER

6. OTP BASED EKYC 4 QUESTIONS

7. CKYCR RELATED 2 QUESTIONS

8. RECORD RETENTION PILICY FOR TRANSACTION REPORTED TO FIU IND

9. BENEFICIAL OWNER IN CASE OF COMPANY AND TRUST

10. BO CONTROLLING INTEREST

11. ADVERSE EFFECT OF MONEY LAUNDERING

12. DIFF BETWEEN ML AND TF

13. STR CTR CCR REPORTING FREQUENCY

14. TRANSACTION MONITORING

15. AML ALERT

16. FATF SANCTIONS,UN SANCTIONS

17. FIU IND FUNCTION

18. FATF CELL FUNCTION

19. ED FUNCTIONING

20. SERIOUS FRAUD INVESTIGATION OFFICE

21. FACTORS DISSEMINATING STR TO LAW ENFORCEMENT AGENCIES

22. EXCHANGE HOUSE

23. AS PER BCBS SHARING OF INFORMATION FLOW

 24. FATF REGIONAL BODIES

25.AML CELL FUNCTION

26. SMALL ACCOUNT 3 QUESTIONS

27. DESIGNATED OFFICER RELATED 1 QUESTION

KYC AML yesterday's recollected questions 12.07.2020

Kyc AML QUESTIONS RECALLED: 12.07.2020

1. US SANCTIONS

2. BANK SECRECY ACT

3. MONEY LAUNDERING REGULATION 2007 -UK AML/ CFT LEGISLATION

4 . 3 TO 4 QUESTIONS ON DESIGNATED DIRECTOR

5. PRINCIPAL OFFICER

6. OTP BASED EKYC 4 QUESTIONS

7. CKYCR RELATED 2 QUESTIONS

8. RECORD RETENTION PILICY FOR TRANSACTION REPORTED TO FIU IND

9. BENEFICIAL OWNER IN CASE OF COMPANY AND TRUST

10. BO CONTROLLING INTEREST

11. ADVERSE EFFECT OF MONEY LAUNDERING

12. DIFF BETWEEN ML AND TF

13. STR CTR CCR REPORTING FREQUENCY

14. TRANSACTION MONITORING

15. AML ALERT

16. FATF SANCTIONS,UN SANCTIONS

17. FIU IND FUNCTION

18. FATF CELL FUNCTION

19. ED FUNCTIONING

20. SERIOUS FRAUD INVESTIGATION OFFICE

21. FACTORS DISSEMINATING STR TO LAW ENFORCEMENT AGENCIES

22. EXCHANGE HOUSE

23. AS PER BCBS SHARING OF INFORMATION FLOW

 24. FATF REGIONAL BODIES

25.AML CELL FUNCTION

26. SMALL ACCOUNT 3 QUESTIONS

27. DESIGNATED OFFICER RELATED 1 QUESTION

ALL QUESTIONS WERE FROM THE BOOK ONLY

Today's kyc aml recollected questions

Kyc & Aml recollected ques

Small ac.

OVD 

GIABA, Gafisud related one ques

Beneficial owner 2,3 ques 

Funnel ac

UAPA act related to 

PEPS 

Placement, Layering, Integration 

Third-party kyc related 

FinNet portal 

Vienna convention

Three layers of defense

Designated director, principal off.

Fiu ind

Ctr, str, cctr match d follw 2m

Proprietary concern document 

OTP based ac limit 

Multiple tier ac 

Few ques were asked directly.. Most of ques were tricky. We should go thru the book thoroughly to ans tricky questions

New Kyc AML recollected questions

5-6 ques from Beneficial owner Fatf EDD Responsibility of PO and DO Responsibility of Senior Management , Corporate office , Funnel TXN Ques from Patriot Act, Bank secrecy act, OTp based account limitations, documents required from Trust and company 2-3 ques from Small accounts Ques from Trade based txn

New MSME recollected questions

Investment in P&M, Equipment, Partnership, public and private limited company, Joint Hindu Family, Partnership, women entrepreneurs categories, ITCOT, US small business act, KVIC, SIDC, BCSBI loan application disposal time norm, venture capital fund, smera, cgtmse, angel funds, hybrid capital, collateral free loan, pmegp, red and green clause LC, back to back LC, 5 Cs, credit appraisal, ratios analysis and balance sheet related questions, nayak and other methods of lending,  risk types, PS targets, BDS, Tequp, RRTUFs, back ended subsidy, clusters, rehabilitation n restructuring, drt, arc, mudra, wto, clearancs for setting up unit,  items included in P&M etc... reading of entire book and updated changes is must.

A lot of questions from ratio analysis... Factoring, calculate break even analysis in terms of unites, old msme classification, PMEGP, MUDRA Bank, MSME subvention scheme, a lot of questions clusters and many of them tricky too, calculation on the basis of First lending and 2 lending method, Ganguly committe 4c, RBI UK committee on msme, Internal external causes of sickness, Banking appraisal KVIC and many more

Everything from book except some latest developments ..only you have to be ready for tricky questions and for that depth reading is must as per my todays analysis

Kyc aml Recollected questions of exam conducted on 28.06.2020

Recollected questions of exam conducted on 28.06.2020

Defination of ML as per United Nations- identify correct one

What type of impact ML cause- social, economic, political

Difference between ML and TF- Identify correct one

Cycle of ML- Including case studies to identify which step is mentioned

Method of ML- Including case studies to identify which method is used

What is smurfing, shell companies, off shore banking, hawala system,mutual evaluation, correspondent banking

Palermo convention

which ML laws or act is used in which country

PMLA- Record maintenance, punishment, penalties,

UAPA offence

Role of national investigation agency, role of ED, 

Categories of US sanction

Elements of KYC police, 

Definition of customer as per RBI

Concept of beneficiary owner, Identify invalid OVD, Restrictions on small account, which OVDs is to be obtained for proprietary account, partnership account, trust account, PEP, pooled account, limitations for non face to face customer

for whom EDD should be done - including case studies, how to screen customer, periodicity of KYC  for various risk categories, 

When to go for Partial freezing of account, types of reporting to be done, limit of CTR, time limit of STR, What is white listing,

Role functions of PO, senior management, role of audit, at what level KYC training is important

109 Ways to getting to the Top

109 WAYS OF GETTING TO THE TOP

COURTESY TOWARDS ALL:-
We show courtesy willingly and automatically to strangers but very little courtesy to people with whom we have to work day in and day out. We often forget their names. We often interrupt the conversation of people who work for us or half listen to them. People appreciate courtesy from the boss, and they are quick to notice the lack of it too.
HELP OTHERS:-
You have to know how to criticize people properly. The purpose of criticism is not to punish people or to make them feel bad. Its purpose is to make them understand what they did wrong and to make them anxious to do better next time. Sometimes it is best to soften your criticism with praise. Criticism is a lot easier to swallow when there is some praise mixed with it.
Before you criticize, give a person a chance to criticize himself. If he is aware of his shortcomings, he might prefer to admit them himself rater than have you point them out, and when you criticize anyone, do not act superior. Talk as one sinner to another. We all make mistakes. Soften your criticism. Use it to help people, not to punish them.
DO NOT SHOUT- EXPLAIN:-
Why shout at someone? “ I am disappointed.” “ You have always been such a good worker”- these surely are far better ways of telling off someone than yelling at him in heat of moment. Remember, the whole purpose of reprimanding is to improve someone, to help him not to repeat the same mistake . Shouting at someone will make him determined to make the same mistake again, if only to annoy the boss.
A PROMISE IS A PROMISE:-
People appreciate a boss who is straight and honest with them. They will never respect a clever, slippery leader who does not keep his word. If a boss is completely honest and fair, his people will be willing to put up with a lot of his shortcomings- and every boss has some.
DO UNTO OTHERS AS YOU WOULD LIKE THEM TO DO UNTO YOU:-
There are always lots of people with different and strong opinions. But they usually manage to live peacefully side by side and without any trouble. Suppose you do not agree with somebody, so what? Why be unpleasant and argue about it. Everyone has a right to his own opinions and beliefs. It is a waste of time and energy arguing to bring them to your point of view. Let them keep their point of view and you keep yours. Arguing is useless and never succeeds in winning people over. It only creates tensions.
LISTEN TO COMPLAINTS:-
When a person complaints for the first time or tenth time, listen patiently and attentively. Some times all a man really wants a little more attention. His complaint may be entirely unreasonable but do not brush it off. Nod your head and say “Is that so” The listener will be most impressed because nobody wants to think he is unreasonable especially if he is unreasonable. How often one gets excited over little matters and makes an issue out of them.. Sometimes it is best to leave things alone and not make an issue out of things unless it is absolutely essential and we just have to do it. Human beings are emotional and excitable. Give them time to cool off and to save face.
FOR A SENSE OF HUMOUR:-
A sense of humour is a fine thing. But be careful not to overdo it. Some people are sensitive and just can not take it. In such cases, humour becomes ridicule. In dealing with people it is essential to have a sense of humour. By sense of humour, we mean having a sense of proportion and the courage to smile. It is ability to take care of yourself and your problems with a grain of salt. The ability to smile at yourself and the world as well.
GIVE A GENTLE PUSH UPWARDS :-
Good boss never consider himself above his subordinates. Of course he should not let his juniors walk in and out of his office as they please, but he lets it be known that he is always available to listen to their problems and grievances. After all, if his men are unhappy, their work will suffer, the organization will suffer and inevitably, he will suffer. It is very important – particularly as a business grows larger- to keep the lines of communication open at all levels. An organization is always better off, and a lot of trouble is avoided if ideas and complaints move quickly and easily in both directions.
MEN, NOT MACHINES:-
A common failing with many managers is that they often consider themselves superior to their men. They don’t appreciate their view point or make any effort to understand their hopes, fears and problems. If you treat your men like machines they will respond like machines: which means they will work just so much and no more. On the other hand, If you show your concern for them as human beings, they will feel obliged to help you and the organization. Remember a manager only achieves his objectives through people. That’s why we say that dealing with people- their knowledge, their peculiarities, their temper- is one of his main jobs. Management is human relations.
NO MISTAKES, NO INITIATIVE:-
When something is going wrong, investigate, ask, don’t accuse. Give the men a chance to tell his side of story. Like this, he will be far more willing to recognize and accept responsibility for his mistakes. Try to avoid mistakes happening at all. It takes far less time and effort to prevent mistakes from happening than it does to correct them.
PROBLEMS WILL OCCUR- :-
Problems will occur especially when you are dealing with people. Therefore, a good manager should make a habit of acquainting himself the thoughts and ideas of the people who work for him. He should encourage them to say what they think. In this way, the management will have continuous and accurate information on attitude and opinions of its employees.
DISAGREE WITHOUT ANGER:-
If you do this, and do this sincerely, people won’t be offended at all when you don’t agree with them. It is an open minded approach and encourages others to be open minded too. You will be surprised how often most of us tend to fly off the handle. But this is something which we must try to avoid at all costs. Anything done in anger will always lead to bad results. Keep your personal feelings and prejudices right out of picture that is the secret of getting along with people successfully and takes a lot of self control. The fellow who is good at controlling others must first learn to control himself.
There is a tactful method of disagreeing with someone. Start out by asking the person to explain his views fully. Listen to his views. Agree wherever you possibly can. And than when you cannot convince yourself in front him that he is right, point out why. Show him why you can not go along completely with him on what he says and than ask him to consider your point of view. Surely, this is an effective way of getting people to come over to your opinion.
MONOTONY BREEDS LACK OF INTEREST:-
Doing the same job day in day out doesn’t necessarily mean that it is most efficient way of getting things done. People aren’t like machines. Many of them get tired of doing the same thing over and over again with the result that they do it badly. Good manager is to take the boredom away from a job and make it more interesting. He can delegate, ask for suggestions, contact people and get people to use their brains. All this helps to take away boredom.
WHY ARGUE? TRY TO UNDERSTAND:-
Have you noticed that the people who are really smart rarely get into arguments. They have learnt that arguments are a complete waste of time . The best way of settling differences is to show other fellow that you understand his point of view. Stress the point on which you agree with him and than quietly and calmly point out where you can’t agree. Never flatly contradict him. Even if you know he is wrong, never act as if he is obviously ought to agree with you. Never, get into an argument. Even with the best lawyer in the world, you won’t be able to convince him that black is not white if he does not want to be convinced.
BE BRAVE- FACE UP TO MISTAKES:-
When we make a mistake, most of us are scared and try to wriggle out. But why not admit a mistake? We can’t be right all the time: A man who is right only 60 per cent of time can be a tremendous success- if he is quick to correct his mistakes the rest of time. If there is no mistake there is no initiative. Not to admit a mistake is plain foolishness. You’d be surprised but people respect a man who is quite open about his own mistakes.
MEET THE BOYS FACE TO FACE:-
That’s what they do in Japan, and that’s why they are so successful. They settle things face to face and on spot. No separate offices. No long memos. To obtain the best results when dealing with people, do it in person. If you can’t see a man in person, telephone him. A phone call is more personal and persuasive than a letter.
THE WISE BOSS IS A FRIEND:-
The main function of a leader is to help his people to produce more. That surely is main job of every boss- to help his people to do a better job: through guidance, interest and appreciation. The boss’s efficiency is not measured by the work he does himself, but by what his people have done. That’s why it’s so essential for a boss to know how to handle people and get them to do their best.
REMAIN LEVEL- HEADED WHEN THINGS GO WRONG:-
That’s what you will have to do, when things go wrong. There is always temptation to find out who is responsible and give him a piece of your mind. But this doesn’t do much good, except to relieve your own feelings and aggravate somebody else’s. When something goes wrong, hold your fire. First find out why it happened. When people do poor work, there is usually a reason. When you find cause, attack the reason, not the man himself.
CAREFUL LISTENING ELIMINATES MISUNDERSTANDINGS:-
Most people are afraid to admit that they do not understand. As a result you don’t even realize that they haven’t got your message until everything is all messed up. One way to be sure that your meaning has gone home is to ask your listener to repeat the message back to you in his own words. Like that, you can be sure that you are both on the right wavelength and that your listener understand your message and not his own interpretation of it. Be more careful with your instructions. Check back in early stages of the job to make absolutely sure that it’s going properly.
UNDERSTAND YOUR CASE:-
I MAY BE WRONG, BUT--,
DON’T YOU THINK THAT--,
ISN’T IT LIKELY THAT--,
ONE WAY TO LOOK AT IT IS THIS…,
IT’S POSSIBLE THAT…
These phrases are most effective way of getting your ideas accepted. Soft pedal your opinions. Use phrases like these and you will find people more willing to listen and less quick to bristle. Even when you know you are right, it’s important to show that you have an open mind and this encourages others to accept your decision, but there is no law which says that people have to agree with your thinking.
BE MILLITANT, BUT ONLY AS A LAST RESORT:-
For emergency use only- try force. If we seem to talk a lot about a friendly and constructive approach, it’s because we believe that we can always get better work out of people by making them want to do good work, than by trying to force it out of them. Some times, however, this approach doesn’t seem to work. In such cases, take the matter up bluntly and directly with the person in question. If a man doesn’t respond to a constructive approach, face the issue and find out why. Try to straighten him out without resorting to punishment and penalties. Failing that, get rid of him as soon as you can. You’ll have a healthier organization if you do so.
ENCOURAGE INITIATIVE AND TOLERATE ERRORS:-
All bosses profess to encourage initiative among their employees. But what happens when someone does take initiative and make a blunder. Do you deluge him with blame and criticism or do you take as much of the responsibility as possible on yourself and try to soften the blow. This fear of taking initiative and then being criticized for being wrong is the greatest initiative killer of all. The manager who wants to encourage initiative among his assistants has to expect and be tolerant of errors. Otherwise, many people would prefer to do nothing- they’d rather pass the buck than risk being wrong.
A COMPANY LIKE A PUMP, REQUIRES THE RIGHT PRESSURE:-
One of the problems of leadership is to know what degree of pressure to apply: to what extent should the boss repeatedly control and check his subordinates. Pressure is not necessarily bad but excessive pressure certainly is. A manager should be able to gauge how much pressure to apply on his subordinates.
REMEMBER, THE OBJECTIVE CONTROLS THE MANAGER:-
Under a system of management by objectives, it is the manager who controls his own performance, and not his boss. The manager’s task is made easy because, he has actively participated and given his agreement and taken responsibility for objectives of his unit. Once the objectives are settled the manager should be allowed to get on with the job of achieving them any manner he thinks best, but, of course, within the general framework of rules of an organization.
WORK IS FINE, BUT RESULTS ARE BETTER:-
The focus of the executive must be always being on contribution. The focus of his efforts should be on results rather than work. Most executives are flooded with papers. They have no time to think and plan. They are all too occupied just working, but not thinking about the results of that work.
An all round squeeze produces good results:-
It is best to give managers a tight budget and minimum number of staff. They will raise hell to start off with, but under pressure they learn to simplify and than produce much more and at lower cost.
ANTICIPATION IS BETTER THAN CRISES:-
The organization which accomplishes the most is usually a quit, rather boring one where there is never a crisis because everything has been anticipated and made into a routine. This is a far better atmosphere for an executive to get down to his job which he thinks out plans for the future and also to develop his subordinates.
DECENTRALISE AND PROFIT:-
Give the man on the spot as much authority as you possibly can. Experience has proved time and again that not only will he live up your trust but that the work will be done far better, and you will hardly ever be let down.
ACCENTUATE THE POSITIVE:-
The secret of effective leadership is to concentrate on and develop the strength of an individual- his strong points. Individual have many facets but for average individual there is usually only one area where he might be very capable. Concentrate on that area and forget about his weaknesses because if he is normal person he is bound to have them. If a man has no weaknesses, it may well be that he has strong points either and will nothing more than a mediocrity. All well –known leaders have their failings, but important thing- and this is what really matters- are that these people produce results.
PRESERVANCE ALWAYS PAYS:-
One is bound to succeed in the end if one keeps on at it! It doesn’t matter how many times you fail. Remember what happened to Robert Bruce of Scotland. It is not the brilliant fellow that gets on in the long run, but the fellow that has the capacity and the patience for going at it again and again and not giving up. Who was it who said that, Genius is one percent inspiration and ninety nine percent perspiration.
THE WELFARE OF YOUR STAFF COMES FIRST – ALWAYS.
The Organization of the armed forces of most countries can tell us a great deal about man management. Why is it that soldiers follow their officers through a hail of shrapnel and bullets? It is not because they are especially well paid It is not because they will be punished if they malinger. It is because they the way in which discipline has been built up the armed forces. There officers see to it that their man are properly settled fed before they attend to their own needs; they see that they write home to their families; they try to help them to study so that they can improve their position. An officer makes it his business to spend time and effort over welfare and health of his men. This could apply equally in civilian life too. Let your men feel that you really are concerned about their welfare. If you do that you can be sure that they in their turn, will do everything possible to be loyal to you and the organization.
A GOOD TIP PAYS OFF IN BUSINESS:-
In some organizations a suggestion is looked upon as a slur on the manager. The manager thinks that people will ask why he did not think out this suggestion himself. This whole attitude is, of course, entirely wrong. Every employee must be actively encouraged to make suggestions for improvement and he must know that his suggestions will be carefully considered.
THE RIGHT TOUCH:-
And it was just a little touch. But he’ll think of her for days on end. That’s all very well, but you’ll be astonished at what a big difference such little touches make in one’s day to day life. If one of your men looks unwell, ask him about it. If he takes leave to look after his ill wife, find out how she is when he comes back. If he walks with a limp, enquire how it happened. Ask about his daughter’s progress at school. Good human relations do not normally take up much effort But how very often otherwise experienced and clever managers entirely ignore such an approach.
DOWN WITH SYCOPHANTS:-
One of the biggest dangers for the average executive is the yes -man type subordinates: the subordinate who is always buttering up the boss. A good executive needs men around him who have the strength to give dissenting opinions. He must be able to see through the yes-man and shoe-licker as quickly as possible. Otherwise they are bound to land him in trouble. It is so easy for a busy executive to jump to wrong conclusions. That is why it is important for an executive to have independent thinking men around him- so that they can correct him
ONLY FATHER CHRISTMAS CAN GRANT WISHES:-
A good executive must have courage to say ‘no’. And this could be one of his most difficult tasks, because he is under enormous pressure. Everyone always wants something from him- his friends, his relations, and people in high positions. He will have to exercise all his self-control to resist such requests.
DO NOT ACCUSE- INVESTIGATE:-
When you sense that something is going wrong, get to it straight away. If you deal with problems while they are still small, the chances are you eliminate the problem from becoming big. Root out misinformation and poor attitudes before they take hold.
Most problems are caused by lack of proper communication. People are often disturbed because they do not have the facts, so they do not understand the real situation. The faster you put these false impressions right, the better off will you be. The thing to do is to nip trouble in the bud before it builds up and become serious. There are enough real grievances in the world. So there’s no point in people getting upset over imaginary problems that can be put right straight away if you give them the true facts.
HAPPY AT HOME, BETTER RESULTS:-
People tend to work the way they feel. Their productivity depends to a large extent on their frame of mind. A good supervisor gets to be an expert in spotting people who have trouble at home. He knows its lot smarter to help a man get his personal problems off his chest than to let him spoil a day’s work. Under such circumstances, scolding the person and tearing a strip off him can do only harm.
EVERYONE LOVES RECOGNITION:-
Everyone has an ego, a desire for recognition and craving for attention. Why-goodness knows. Maybe it’s caused by some overactive glands but this is something which has to be recognized if you want to be successful in handling people. If people can get attention by doing something constructive, they’ll get it by doing something destructive. A really good supervisor simply must realize this.
MAKE YOUR INSTRUCTIONS CRYSTAL CLEAR:-
You’ll be surprised how often instructions are misunderstood. ‘I thought you said that’ or ‘I didn’t realize this is what you wanted’. These phrases are used again and again and things are always going wrong. If you want your instructions to be properly understood, you have two jobs to do: one is to explain yourself simply and clearly, and the other is to go out of your way to make certain that you are correctly understood. If you don’t do this, things are bound to go wrong.
TALK STRAIGHT:-
No matter how unpleasant the task, be direct. Don’t let anyone get the idea that you are going behind his back on anything. Put your cards on the table and keep them there in plain straight. Don’t avoid questions, hide facts, or try to evade an issue by clever tricks. Avoid cleverness as you would the plough; otherwise people won’t trust you. As the boss, the best possible impression you can give your staff is that you are sincere and fair. The fellow who thinks he can fool people indefinitely is fooling himself.
IN MOMENT OF CRISIS REMAIN COOL:-
When somebody is dead wrong, there’s always temptation to bang your fist down and tell him so on in no uncertain terms. But it’s not good business- not if you want to retain his goodwill and win real co-operation. There are critical moments in dealing with people. If you disagree with someone, do so gently. The more aroused he becomes, the more determinedly he’ll stick to his own opinion. If you adopt an open-minded approach and encourage people to be open-minded too, it gives you an excellent chance of winning the other person over.
SLEEP OVER IT:-
Let’s admit it- dealing with people can be an exasperating and frustrating business. Every once in a while we are bound to get discouraged and ready to throw in sponge. But whenever things look bad and you find yourself discouraged and resentful-stop. Look at what’s wrong. If you can’t see the good side, drop the matter temporarily and get a good night’s sleep first. Don’t get excited and worried by difficulties.
HANDLING PEOPLECORRECTLY IS AN ART:-
People get their most of impressions through eyes; not their ears. If you want to sell an idea- or even a sense of discipline to people who work for you- you have to set a personal example. The minute you try to sell them something you don’t really believe in, something you don’t practice yourself, you have got a job on your hands. There’s no question about it. If you want results you have surely got to set an example yourself.
THROUGH MISTAKES TO SUCCESS:-
That’s really what experience means. A fellow might work in the same organization for say 20 years, but it might be one year repeated 20 times. He learns nothing. But with another fellow, every year is an additional year’s learning. Every mistake he makes, he notes down, thinks about it and thinks again about it. Why did the things go wrong? How could it have been prevented? If you do this often enough, there’s no stopping you. The sky is the limit. Mistakes can be your most effective teacher.
*******************

Retail banking recollected

Retail banking recollected questions on 22.12.2019

Today retail banking exam memories based question.

Carpet area

Bharat bill payment.

Present value.

EMI

Products

SMA

SEGMENT AREA.

GEOGRAPHICAL AREA.

PREPAID CARD LIMIT. AND CASH LIMIT.

RTGS AND NEFT DIFFERENT.

Hosuing loan case study.

Car loan case study.

Propagate full form.

Mobile banking questions.

Mutual fund business. By bank.

Debit card complain.

Hacking net banking or debit card what type of risk. https://iibfadda.blogspot.com/?m=1

Caiib BFM Strategy

BFM::;;

The strategy for the study of Bank Financial Management which many people finds difficult to clear. If you study properly, it is easy to clear the BFM. This subject also contains 4 modules, they are;

-International Banking

-Risk Management

-Treasury Management

-Balance Sheet Management

Many people do not correlate the syllabus of the subject with day to day banking activity. So they find it difficult to score and understand this subject. But this not true, this subject is very much important which will increase your knowledge regarding top management & middle management functioning of your bank as well as banking as a whole industry.

All the modules are equally important, but you may clear the paper with three modules study also. Module A & B are relatively easy and scoring as well. Let us discuss strategy for each module.

Module A-International Banking

Important topics are Exchange Rates and Forex Business, Basics for Forex Derivatives, Documentary LC, and Facilities for Exporters & Importers

Rapid reading or bullet point reading is quite useful for this module. Practice numerical again and again.

Many numerical/case studies are asked from this module which are quite easy as compared to Module B & Module D case studies. Refer the case studies from McMillan given at the end of the topic. Also N.S.Toor book has many numerical and case studies. Questions are asked on Exchange rates, Shipment Finance etc.

Module B-Risk Management

All chapters are equally important as they are interlinked to each other. Again focus more on case studies/numericals given in Apendix at the end of chapter. Maximum case studies are asked from this module. Though short notes are useful for this module I would suggest McMillan reading for this module because some questions are twisted type for which you require details of the concept which is hard to get from short notes. RBI website contains FAQs which are quite useful for this modules, you should read them at least once.

Module C- Treasury Management

Important topics are Introduction, Types of treasury products, Treasury Risk Management, Treasury and Asset-Liability Management.

Mostly questions asked on this module are theoretical type, so through reading of McMillan is important. If you don’t get time then you can skip this module or read short notes since the weighted of this module for exam point of view is low according to me as compared to Module A&B. But those who wish to make carrier or work in treasury department, this is the best module to learn.

Module-D Balance Sheet Management

Important chapters are Components of ALM in Bank’s Balance Sheet, Capital and banking Regulation,, Capital Adequacy, Asset Classification and Provisioning Norms, Interest rate Risk management.

Though McMillan book contain sufficient material but I would suggest you to refer RBI website for this module. In this module focus more on Case Studies as compared to theoretical questions. Do not skip this module as it is much important for exam as well as knowledge point of view. No need to read McMillan line by line.

Overall you have to keep balance between theoretical reading as well as case studies/numerical since the paper would contain 40-45% case studies. N.S.Toor book contains good case studies and MCQs. Also there are many resources available on the internet from where you will get case studies for this module. After giving this paper you will realized that BFM is easier as compared to ABM and no need to worry for BFM.

Caiib ABM strategy

CAIIB ABM Strategy

ABM is one of the compulsory subjects for CAIIB. Most of the people find difficult to clear this paper. Today, I will tell you how to study for ABM subject.

This subject also contains 4 modules

MODULE – A: Economic Analysis

MODULE – B : Business Mathematics

MODULE – C : HRM in banks

MODULE – D : Credit Management

As we are bank employees we get very less time for study, so how to decide which topics to be read, which topics to be skipped?

-As I had told you in my previous blog article that generally paper consists of 60% theoretical & 40% numerical or case studies, so choose the module to be study in deep so as to clear the paper easily depending upon your personal strength and weakness.

If you observed all the modules, you will realize that Module A and Module C are most scoring modules. Do not skip these modules. Module B contains Business Mathematics which many people find difficult to study as the level of mathematics is tough, especially for non-engineering background people. Those who works in Credit/Loan Department will find that Module D easy as well as interesting. Module D is most important not only exam point of view but also for your daily working in Credit Department. So do not skip Module D.

IMPORTANT TOPICS FROM EACH MODULE

Module A- Supply and Demand, Money Supply and Inflation, Business Cycles, GDP Concepts and Union Budget.

No need to read McMillan Book line by line for thise module, short notes will be quite useful for studying this module. Don’t read stats given in these chapters. In GDP Concepts and Union Budget chapters numerical are asked which are quite easy provided you know the components and formula.

Module B-Time Value of Money, Sampling Methods, Simulation, Bond Investment

Don’t go to deep for study this module as mathematical calculations are difficult to understand especially for non engineering background people. Practice the examples given in McMillan. Those who are not good at math can skip this module and focus more on remaining modules.

Module C-Development of Human Resources, Human Implications of Organisations, Performamce Management, HR & IT

You need to read thoroughly all the topics from this module from McMillan. It is quite easy and theoretical only. Repeatedly read MCQs from N.S. Toor book of this module.

Module D-Overview of Credit Management, Analysis of Financial Statement, Working Capital Finance, Credit Control and Monitoring, Rehabilitation and Recovery.

Read this module from McMillan book only. The chapters in this module are not lengthy as compared to other modules. Practice Numerical from Financial statement and balance sheet.

Overall, you have to study at least three modules in detail so as to achieve the 50 score. You can choose the modules to study more depending upon your strength. I would suggest that you can keep module B at last, just read formulas from this module, as this module is quite boring, lengthy and hard to understand.

IIBF new rules

INDIAN INSTITUTE OF BANKING & FINANCE ® RULES AND REGULATIONS OF Remote Proctored Examinations Overview: Presently institute is conducting all its examinations in online mode at various centres across India with physical proctoring. Considering disruption created by pandemic outbreak and changes in environment, Institute will be conducting some of its certificate examination in remote proctoring mode from June/July 2020. For schedule of remote proctored examination click here: http://www.iibf.org.in/documents/pdf/website_schd_remote_proct_exm_20200525.pdf Remote Proctored Examination: Remote proctoring allows candidates to take an examination at a location of his/her choice while ensuring the integrity of the examination. These systems require students to confirm their identity, and, during the examination, the system monitors students through video, mic, etc. looking for behaviour that could indicate unfair practices (cheating). Examinations are conducted over internet using a Desktop/Laptop. Taking examination using any other device is not permitted e.g. mobile, tabs, etc. To start with, Institute would start with the following certificate examinations 1) AML/KYC 2) MSME 3) Prevention of Cyber Crimes and Fraud Management. These examinations will not be conducted in a physical examination room environment from June 2020 i.e. those will be discontinued. Process: Registration: 1) The candidate will register for the examination online for the given course/exam. 2) At the time of registration, the candidate will select date/time of the examination. 3) At the time of registration, the candidate can register for e-learning/e-book, if required, by paying the requisite additional fees. 4) The study material can be in the form of e-book and/or e-learning. 5) Based on the option selected (e-book/e-learning) the candidate will be provided login ID password to access the study material. 6) The candidate will take examination on predetermined date/time under remote proctoring. 7) On successful registration admit letter will be generated. Candidates can download it. Examination: 1) Candidates will take examination under remote proctored mode on predetermined date/time from a secured environment. (refer Do and Don’ts section for more information) 2) Candidates should login to the system half an hour before the exam start time. 3) The examination proctor will verify the candidate’s face with the registered photo image of the candidate. 4) Candidate will also be asked to display any valid original photo id-card (Aadhaar card/eAadhaar/Employer's card/ PAN Card/ Driving License/ Election voter's card/ Passport etc.) for verification purpose. After successful verification the proctor will allow the candidate to start the examination.  5) Candidate may be required to show 360° view of the exam area using the webcam. So that the proctor can identify the object/check the suitability of the exam area/environment. A clear desk/table has to be ensured for appearing for the examination. No reference materials, books, notes, periodicals, mathematical tables, slides rules, stencils, post-its, chits, mobile phones, headsets (wired/ wireless), any other electronic gadgets are allowed to be kept on the table or the desk. 6) Both sides of the rough sheet (if it is going to be used) should be shown to proctor before and after the examination. 7) Once the examination begins live remote proctoring of the candidate’s activities will take place throughout the examination period. 8) Under remote proctoring candidate’s activities will be monitored using webcam, mic etc. Computer screen, browser, mouse, keyboard etc. will be monitored. 9) Proctor, if required, can convey information/ instructions to the candidate using chat box. 10) If a candidate indulges in unfair practices/suspicious acts, the proctor will intervene and warn the candidate through chat box or can cancel/stop the examination immediately as the case may be. 11) After completion of the examination/submission, provisional scorecard will be displayed on the screen. 12) For passed candidates, digitally signed Certificate will be issued within three weeks from the examination date. Minimum System Requirement: I) Desktop/Laptop:  Browser: Google Chrome version 75 & above, with cookies & popups enabled  Video/Audio: Webcam and a good quality Mic is required  Operating system: Windows 8 or 10  RAM & Processor: 4 GB+ RAM, i3 5th Generation 2.2 Ghz or equivalent/higher  Pop-up blocker: Disabled II) Internet Connection: Stable internet connection with at-least 512 kbps+ upload speed Examination not allowed on mobiles or tablets Do and Don’ts: 1. The candidate will take the examination from a secured environment. i. Place having desk and chairpreferably with plain backdrop (area behind the candidate) with adequate lighting so that the candidate is visible to the proctor. The place should be noise free with no public movement in the surroundings. All the items should be removed from the desk except computer/external webcam (if internal webcam is not available) /keyboard/mouse, other permitted items, if any. ii. Examination will not be conducted if the examination area is a Public place, a noisy environment, having inadequate lighting, having public movement in examination area/around the candidate, having other computer or similar device in the examination area. iii. The examination cannot be taken sitting on a couch, bed or on the floor. 2. Candidate’s will take examination on a registered date/time from a secured environment. Candidate who tries to appear after the scheduled examination date/time will not be allowed to appear for the examination. 3. Candidate’s should login to the system half an hour before the examination start time.  4. No other persons are allowed in the examination area during the examination. 5. Candidate must keep ready his/her original photo identity card that has name and photo on the same side, admit letter, rough sheet, pen/pencil and calculator. 6. Candidates must dress decently as though they are in a public place and will be video recorded 7. Candidates must not talk to anyone during the examination period or talk/read to oneself loudly. 8. In case of emergency he/she can talk to helpdesk in case of any technical issue with permission from proctor. 9. Candidates must not use headphones, ear buds, or any other type of listening equipment. 10. Candidates must not communicate with any other person by any means. 11. Candidates must not use any phone for any reason. 12. Candidates must not leave the room/examination area during the examination for any reason without the permission of the proctor. Leaving the room/examination area or moving to another room/area during the examination for any reason will be treated as a violation of examination rules. 13. Candidates must not setup the computer at the time of examination. All the settings need to done much before the examination time and tested properly. For any failure of the computer system during the examination period, Institute will not be responsible and candidate will lose his/her attempt. 14. Candidates must not switch off the webcam or mic or cover the webcam during the examination. 15. Candidates must not navigate away from examination window. 16. Candidate’s face must be positioned in the middle of the camera view and candidate’s face must be visible throughout the Examination. 17. Don't Position camera too low, too high or hooked onto a different monitor. Weird camera angles can be very distracting -- and unflattering -- during examination. The candidate should make sure that the camera is at eye level and on the monitor which is used for the examination. 18. Candidate must not look away from laptop/desktop screen, must face computer screen. 19. Candidate must not seek any assistance or refer study material/mobile/ for answering the questions. 20. Candidate must ensure that he/she has attempted every question and reviewed the accuracy of his/her answers before submitting the paper. Once submitted (even by mistake), re-examination will not be permitted. 21. On the exam day candidate is advised to ensure that the Laptop is fully charged and in case of Desktop it is connected to an uninterrupted power source for smooth conduct of examination. 22. Candidates are not permitted to logout/switch-off the computer for the sake of going to washroom and if they log out/switch-off, re-login will not be permitted. 23. Candidates will be allowed to use battery operated portable calculator during the examination. The calculator can be of any type up to 8 functions i.e. (Addition, Subtraction, Multiplication, Division, Percentage, Sq. root, Tax+ and Tax-), having 12 digits. Attempt to use any other type of calculator not complying with the specifications indicated above or having more features than mentioned above shall tantamount to use of unfair means. Scientific/Financial calculator is NOT allowed. Debarment/Cancellation of exam: 1) If a candidate indulges in unfair practices/suspicious acts, the proctor will intervene and warn or cancel the test. 2) For any case of misconduct, the proctor can warn/cancel the test immediately as the case may be. 3) For any unfair act (cheating) during the examination, the result of such examination may be cancelled and he/she will be liable for punishment. Institute will also inform the employer of the candidate by giving the details of unfair practice and punishment levied on the candidate.