Saturday, 11 May 2019

CAIIB ABM





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.



CAIIB BFM



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.




BCSBI recollected question and Exam Tips:;


BCSBI recollected question and Exam Tips:;

Very basic questions from IIBF prescribed book
Kindly visit BCSBI site for Latest Update’s
QUESTIONS ASKED IN TODAYS BCSBI.. ( based on memory) PART 2
1. Case studies based on nominee
2. two nominees applicable in which clause.. E OR S.. or F OR S
3.BSCBI is compulsry for banks to follow or not
4. educational. loan for 25 lakhs with 10 percnt margin... how much you insist for collateral
5. same. partners for different companies... wthr right of sett off can be applied or not for one of the firms debts
6. questions on HUF KARTA
7.BANKS CHALLENGE IN IMPLEMENTING DIGITAL TECHNOLOGY
8.banks time for calling customers over phone
9. mobile phone ettiquete
10.norms.for customers to approach BCSBI for guidance for geting loan.. a the limit of the loan
11.questions on customer orientation
12. under which sectn of NI act cheques has to be paid by the bank.... to be continued


1. Customer is defined in 
a. RBI Act b. NI Act c. BR Act d. KYC Policy 
2. Partnership firms M/s ABC and M/s CBA has same three partners. Account of M/s ABC is overdrawn by Rs. 75,000 and the other firm’s account has Rs. 90,000 as credit balance. Can bank use the right of set off? (2 marks) 
a. Can use as same partners b. Cannot set off as two different firms 
Don’t remember the other options
3. In which of these circumstances bank should not disclose customer details?
a. Request under Banker’s Books Evidence Act 1891
b. Under Section 133 of Income Tax Act
c. When asked by State /Central Govt official
d. In public interest 
4. A non-customer deposits Rs. 3000 to be credited to the account of Mr. Z in another station by NEFT. He had wrongly mentioned the account number and the amount is now in Bank’s suspense Account. What is the relationship between bank and Z?
a. Debtor-Creditor
b. Trustee etc 
5. A document duly stamped and given by a customer authorising another person to act on his behalf 
a. Power of attorney 
b. Mandate 
6. Incorrect statement about HUF 
a. Lady member can perform the role of Karta 
b. Karta and coparceners may possess self-acquired properties other than HUF property and these can be attached for HUF dues
c. On death of a coparcener, his share may be handed over to his wife, daughters and other female relatives 
7. Two of three trustees approach bank to open an account and allow the two of them to operate as the third trustee is abroad. As per trust deed, trust is to be jointly operated by three of them 
a. Get power of attorney from third trustee 
b. Account cannot be opened since trust deed mandates operation by three trustees.
8. Borrowing powers of the Board of Directors in a company are mentioned in which document?
a. Articles of Association
b. Memorandum of association
c. Certificate of Incorporation
d. Board resolution
9. In case of fixed deposit, interest can be charged as 
a. Daily basis on customer request 
b. Applied monthly or bimonthly as required provided that compounded amount does not exceed the amount to be paid quarterly 
c. Any periodicity requested by customer
d. Only at the end of maturity 
10. FCNR accounts can be opened in ---------------- and for a period of --------
a. Any freely convertible currency with period of 5 years
b. Any freely convertible currency with period of 3 years
11. Full form of DICGC 
12. Amount eligible to be transferred to DEAF
a. Any amount unclaimed in deposit account for a period of 10 years or more
b. Any amount remaining unclaimed in any account for a period of 10 years
c. Both a and b 
d. Any amount unclaimed for a period of two years or more 
13. In order to meet implied needs of a customer, ------------- is required from banker
a. Creativity and presence of mind
14. Good delivery constitutes which all elements ? 
a. Speed, timeliness , accuracy, courtesy and concern 
15. Transaction cap of mobile banking for purchase of goods and services 
a. As per each bank’s rule 
16. Mobile banking can be provided through 
a. Mobile banking App
b. USSD
c. SIM Kit
d. SMS service 
17. An asset can be classified as NPA when 
a. Interest or Principal is overdue for 90 days or more 
b. When CC Account is out of order for 180 days
c. When bill of exchange not honoured for 120 days etc 
18. Maximum amount that can be granted under Skill Loan Scheme?
1.5 lakhs
19. In order to set up extension counter in a hospital in a Tier I city, bank needs to take approval from 
a. RBI
b. No permission required 
c. Ministry of Finance etc 
20. Demat account can be used to hold 
a. Shares
b. Mutual funds 
c. Debentures
d. All of these 
21. Demat account cannot be use to hold 
a. Deposit to be handed over to broker
b. Exchange traded funds
c. Mutual funds etc 
22. Other negotiable instruments 
a. Interest warrant 
b. Bankers draft etc 
23. Which section of NI Act says that Bank should honour customer’s cheques?
a. Section 31 
24. Not a characteristic of negotiable instruments.
a. in writing
b. date of payment must be certain
c. Transferrable
d. Duly stamped
25. Which one of the following is not a structural difference between marketing of goods and services?
a. Intangibility
b. inseparability
c. Homogeneity
d. perishability
26. Marketing Mix does not contain
a. Product
b. Price
c. Place and promotion
d. Image of the organisation
27. Which one of the following are not permitted to carry out regular transactions for customers?
a. Business correspondents 
b. Business facilitators.
28. Which one of the following is not a difference in marketing goods and services?
a. Services are produced and consumed simultaneously
b. Services are intangible
c. Services provided are uniform
29. Constraints in digital banking 
a. Embracing of new technology
b. Customer education
c. Safe and friendly environment 
Choices are combinations of above
30. Biometric authentication in micro ATMS done by 
a. Business Correspondents
b. UIDAI by biometric association with its database
31. In mobile banking for debit transactions following checks are made
a. Face to face interaction with users 
b. Two factor authentication
c. End to end encryption of mPIN
Choices are combinations of above 
32. Estimates committee has made recommendation that succession certificate should not be insisted where amount of credit to the depositor does not exceed Rs. 25,000. What is the correct instruction?
a. If nomination/Survivor clause is present then succession certificate should not be insisted for any amount. 
33. Account opened with Anyone or survivor clause, all three of the account holders die together in an accident, the nominee has produced the death certificate and amount outstanding in account is Rs. 20,000. Action to be taken by bank
a. Ask nominee to provide Succession certificate 
b. Ask nominee to provide letter of administration
c. Probate to be given
d. Transfer the money without asking for documents (a) to (c).
34. As per Goiporia committee, Enquiry or May I Help You counter should be present in 
a. Head Office
b. Regional Office
c. All Urban and Metro branches
d. All branches except very small branches 
35. ---------------is a matrix of different components like source of funds, level of income, volume and frequency of transactions, origin and destination of funds etc. 
a. Transaction profile
b. Organisation Profile
c. Marketing Profile etc 
36. Main grievances of small depositors does not include
a. Difficulty in opening of account 
b. Delay in updating of passbook
c. Difficulty in closing of account
d. Account being classified as dormant/inoperative without any notice. 
37. What is meant by Grievance Escalation System?
If the customer is not satisfied with the reply offered by bank, then he can approach higher authorities for redressal of grievances
38. If branch manager is not able to respond to a complaint within how many days should he escalate the matter to regional office?
7 days 
39. In order to reduce the complaints filed to Banking Ombudman, what is suggested?
Appointment of internal Ombudsman
40. What all functions does not fall under customer service committee of the board?
a. Triennial audit of customer satisfaction surveys
b. Formulation of Comprehensive Deposit Policy 
c. Annual Survey of customer satisfaction
d. Salary increase to employees for better customer service
41. Which of the following is not part of mandatory displays in branches?
a. Information available in booklet form
b. Details of CEO of the bank
c. Banking Ombudsman details
d. Details of Regional Manager etc
42. What does not come under COPRA Act?
a. Right against unfair trade practices
b. Right to have access to variety of goods
c. Right to free education
43. Which of the following needs are most important for a person?
a. Emotional needs
b. Interpersonal needs etc 
44. Which are the three interpersonal needs?
a. Need for inclusion, Need for control and Need for affection
45. What is meant by encoding of message ?
Sender needs to use the appropriate language or expression
46. Correct order for communication.
a. Conceiving the message, Encoding the message, decoding the message and providing feedback
47. Which of the following about BCSBI is wrong?
a. Membership in BCSBI is compulsory
b. Membership is voluntary 
c. Its an independent and autonomous body
d. Registered as society
48. Who has authority to approve research activities in BCSBI?
Governing Council
49. Function of Chief Executive Officer in BCSBI 
a. Preparation of annual budget for submission to the Society
b. Sanction expenditure and investments of BCSBI
c. Financial and managerial powers etc
50. Who is the raison d’etre (main purpose) of BCSBI ?
a. RBI 
b. common man
c. Customer service 
51. BCSBI modelled on basis of which country?
UK
52. BCSBI rating of member banks is using a scoring scale of 
a. High, Above average, average and below average
53. In order to get credit counselling from BCSBI which is correct 
a. A fee has to be paid
b. Can apply only through member banks 
c. Concerned bank is free to accept the debt restructuring plan in full or with modifications
54. Customer of a bank not a part of BCSBI can escalate complaint to 
a. BCSBI
b. Banking Ombudsman
c. Customer Service Department of RBI
55. Which of the following not included under Code of Bank’s Commitment to Customers?
a. Deposit accounts
b. Remittances within India
c. Foreign Exchange services
d. Merchant banking
56. BCSBI puts following obligations on the customers?
a. No obligations
b. Obligation of customers varies from bank to bank 
57. Objectives of Code of Bank’s commitments to customers?
a. Fair treatment of customers
b. Increase transparency
c. foster confidence in banking system
Choices are combinations of three 
58. As per BCSBI Code regarding Do Not Call registry (Correct One)
a. Bank will not transmit unsolicited commercial information if you have registered with ‘Do not call registry’
b. Bank will enrol customer in Do Not Call Registry after 6 months of opening account etc 
59. Change in interest rate on loan products will be informed within 
a. Fortnight 
b. One-month etc 
60. As per BCSBI Code, if there is any change in fee or new fee is introduced, it will take effect 
a. Retrospectively if needed
b. revised charges retrospectively and new charges after one month
c. Prospective effect after giving notice of one month
61.As per BCSBI code, In case of revision in fees it will be communicated to customer by( Incorrect option)
a. Account statements
b. Email and SMS alerts 
c. TV advertisements 
d. Notice board at branches 
62. As per BCSBI code regarding privacy of customer(Incorrect option)
a. Bank will treat personal information as private and confidential till he is a customer of the bank
b. Bank will treat personal information as private and confidential even when he is no longer a customer of the bank. 
63. As per BCSBI code on CICs, which of the following is wrong 
a. Bank will provide information about credit availed by customer to CIC at periodic intervals
b. On request, will give information about CIC(s) to which details are shared
c. Bank will not share copy of credit information obtained from CIC 
64. In BCSBI Code, 
a. You denotes the customer and we denotes the bank
b. ‘You’ denotes the member bank and ‘We’ denote BCSBI etc 
65. As per BCSBI Code, when customer makes a complaint Bank will inform the customer
a. how to do so 
b. where a complaint can be made
c. Whom to approach for redressal 
d. same complaint is not raised again by customer 
options are combinations
66. As per BCSBI Code, for collection of dues customers should be contacted between 
a. 7 hrs and 1900 hours 
67. Nominee can be two persons in the case of accounts opened as 
a. Either or Survivor
b. Former or survivor
c. Joint accounts with joint operation etc 
68. in case of revision in minimum balance to be maintained in current account and as customer’s current account does not meet the minimum balance in the last quarter bank as per BCSBI code should 
a. Inform customers 30 days in advance of any change in minimum balance
69. As per BCSBI Code, in case of inoperative/dormant accounts
a. Bank should inform three months before account is made as inoperative
b. Inform when account is made inoperative etc 
70. In case of cheque collection policy, we will provide you compensation for delay in collection of instruments as per 
a. Compensation policy of respective bank
b. Compensation policy of RBI
c. compensation policy of IBA etc 
71. In case a cheque is lost in transit as per cheque collection policy,
a. Bank will help in obtaining duplicate cheque and offer compensation
72. In case of a cheque issued by B to A, amount in figures is Rs. 10,000 and in words is ten thousand which is striked off and written as five thousand. Alteration is duly signed by B. In that case, bank should 
a. Honour the cheque and pay the amount given in figures
b. Return the cheque as material alteration is not allowed
73. As per BCSBI Code, while opening a Term deposit we will (incorrect one)
a. Get instructions from you for disposal of deposit at maturity 
b. Inform about procedure to withdraw deposit before maturity
c. None of these
74. As per BCSBI code, on receiving a loan application (incorrect one)
a. acknowledges the receipt of application
b. Communicate in writing reasons for rejection of loan application
c. Provide a provisional sanction letter on receipt of loan proposal
75. As per BCSBI code, bank will return all securities/documents/title deeds to mortgaged property within --- days of the repayment of all dues
a. 15 days 
76. In the event of unauthorized transaction in internet banking after customer has received means to access Internet banking, maximum liability will be 
a. Full amount 
b. Nil 
c. Rs, 10,000/- 
77. Request for cancellation/closure of credit card will be processed in 
a. 7 days 
78. As per BCSBI Code, prepayment penalty of fixed rate loans is waived till 
a. 10 lakhs 
b. 5 lakhs
c. 10 lakhs etc 
79. For a unit to be classified as a sick unit, it should remain as ------------for three months or more or if there is erosion in the net worth due to accumulated losses to the extent of --- of net worth 
a. NPA ,50%
b. Doubtful,50%etc 
80. In small accounts, balance at any time should not exceed ---------- and total credits in a year not to exceed ----------
a. Rs. 50,000/- and Rs. 1,00,000
81. Banks can allow small accounts to operate for a period of 
a. up to 1 year 
b. up to 2 years 
82. A customer approaches a bank for opening an account without any of the required KYC documents, bank can open 
a. Small account 
b. Refused to open the account 
83. As per Consumer Protection Bill of 2015, cases not admitted within --- days will be deemed admitted 
a. 21 days 
84. Customer orientation means 
85. As per BCSBI Code, when customer avails a safe deposit locker (incorrect one)
a. Bank will not link fixed deposit to allocation of lockers
b. explains all the rules of allocating a locker
c. Explain the lesser and lessee relation created 
86. In case of illiterate persons, nomination can be given 
a. Thumb impression to be attested by two witnesses
b. No need to authenticate thumb impression
c. Authorized official should authenticate in the presence of customer etc 
87. Number of grids in grid based cheque truncation system 
a. Six
b. Ten 
c. Three 
d. Four 
88. In order to provide customer satisfaction, bank should 
a. Hire new staff in place of retirees 
b. Staff to be trained in handling complaints 
c. Deploy more staff in counters 
etc



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Certified credit professionals exam members review::



Certified credit professionals exam  members review::
Frst of all abt toughness.. I thnk paper was tougher dan caiib papers.. Esp i found it tougher prsnly..
Regarding paper.. One qstn was der frm factoring.. Pari passu charge, 1 qstn frm bfeak evn point.. No need to study fund flow nd cash flow as der was no qstn frm dat part.. Lc calculation with eoq given 5 marks numerical, payback, arr, npv, irr 5 mark numerical, mpbf, turnover tandon committee 5 mark numericals.
. Export case study.. Priorty sector classfication case study.. Ratios numerical 3-4 marks like inventory turnover given find cost of goods sold. Mse service sector enterprise max loan.. Nd medium sector service sector max loan.. Numericals der were 20-30 marks.. Read btwn lines to build concept.. As 4 option were given nd u hv to find out which one is wrng.. 30-40 qstn were lyk dat..
Exam was tough i felt personally..Questns on NPV,IRR (to be read very minutely from the book )payback period ,project Viability ,RATIOS like Interest coverage ratio, Gross profit ,DER ratios,priority sector lending,pari passu charge,CP in detail confusing questions,LC limit ,frequency,No of LCs ,time period, Working capital 1st nd second method lending case studies, Forex
PCFC , green clause LC ,education loan,minor,companies,partenership Kimbersley process ,credit rating agencies , Sarfaesi,Cersai ,registration of charges,BEP,Balancesheet , MSMED act 2006 and very minute topics from the book .Concepts to be cleared as options are confusing.
Today it was my first attempt for CCP exam and by God’s grace passed the exam. Thanks to this group for valuable information and guidance. In my opinion Paper was tough. Reading Taxman only is not enough. Concepts must be clear as der r full of case studies and numericals throughout the paper based on LC , IRAC norms, treatment of stressed assets,BG, BEP, WC requirement assessment under different methods, Project appraisal and Prisec case studies and documentation. I din face much questions on retail credit, fund flow cash flow and ratio analysis. All the best to CCP aspirants and who r not I will advice dem dat dis exam is worth a try.
Today it was my first attempt for CCP exam and by God’s grace passed the exam. Thanks to this group for valuable information and guidance. In my opinion Paper was tough. Reading Taxman only is not enough. Concepts must be clear as der r full of case studies and numericals throughout the paper based on LC , IRAC norms, treatment of stressed assets,BG, BEP, WC requirement assessment under different methods, Project appraisal and Prisec case studies and documentation. I din face much questions on retail credit, fund flow cash flow and ratio analysis. All the best to CCP aspirants and who r not I will advice dem dat dis exam is worth a try.
https://iibfadda.blogspot.com/

Digital Banking Recollected questions:::


Digital Banking Recollected questions:::
1.CTS abbreviation cheque truncation system
2. What is firewall?: A software programme for protecting against unauthorized access to the information.
3.BBPS … Bhatart Bill payment sytem
4.MDR: merchant discount rate
5. minimum amount which can be remitted under RTGS by a customer: Minimum Rs. 2 lac and no Maximum.
6.Max amount of NEFT can be remitted ..no limit
7. AEPS stands for : Aadhar Enabled Payment System.
8. CPPC stands for : Central Pension Processing Cell.
9. IBPP stands for : Internet Bill Presentation & Payment.
10. Rupay Platform refers to: National Payments Corporation of India (NPCI) initiated the launch of RuPay card in India. It was
done with the intention of integration of payment systems in the country. It has led to lower transaction cost as
processing is being done within country. Also, transactions will be faster.
11. Encryption means: Conversion of plain language into secret language, i.e., coding and The extent of coverage under
12. Maximum RTGS Charge for Rs.2 lac to 5 lac: Rs.25.00 + service tax
13. Application under ASBA can be applied for: a) IPO b) Right Issue c) Mutual fund
14. E-sahyog portal:belongs to Income Tax
15. A Proxy server is for: To provide security against unauthorized users
16. Phising?: To steal the customers personal / confidential data
17. In case of failed ATM transaction customer will get money in 7 working days after compliant
18. CVV: Customer Verification Value
19.NPCI: National Payment Corporation of India.
20. NUUP: National Unified USSD Platform.
21.IMEI: International Mobile Equipment Identity.
22. CVD: Customer Verification Data.
23.STP straight through process
24. . Forward Market Commission is established for:.- Commodity futures
25. Full form of ALU: Arithmetical Logical Unit
26. Full form of HTTP: Hyper Text Transfer Protocol
27. Full form of INFINET? Indian Financial Network
28. GBM: Govt. Business Module
29. IBPP stands for: Internet Bill Presentation & Payment
30. IMPS: Immediate Mobile Payment Service - Mobile to account
31. Starting of a computer is called: Booting
32. Universal set of standards and guidelines for communication by EDI is called: EDIFACT.
33. Full form of ISDN: Integrated Services Digital Network.
34. RTGS amount limit for customers: Min Rs.2 lac and no max
35. Which bank has max share in INFINO PAYTECH Ltd : ICICI Bank
36. USSD: Unstructured Supplementary Service Data.
37. LAN: Local Area Network
38. AEPS stands for : Aadhar Enabled Payment System
39 ATM : Anywhere, anytime,
40. BCP- Business continuity Plan
41. First committee on computerization in banks was headed by: Dr C Rangarajan.
42. In an Organisation communication between the same organization, what type of system applicable: Intranet.
43. In CBS, signatures are loaded through scanning..
44. WAN: Wide area network
45.WAN uses ….interconnecting computers at different Geographical locations
46.CHI : Clearing Housing interface
47.ECE: electronic clearing system
48.APB: Aadhaar pay bridge
49. When in a computer network one network protocol encapsulates a different payload protocol, it is called: Tunnel.
50 Computer Security Day : 30th November
51. customer’s account should be credited within how many days of the complaint?: 7 working
52. First step towards computerisation in Banking: Setting up ALPM (Advance Ledger Posting Machine)
53. CIDR: central identities data repository
54.BBPCU:Bharat bill payment central unit


FOREX Individual


Forex




Gift to foreigners, mad. Amnt
Gift receipt from foreign citizen
Merchant banking
High sea selling payment in which currency
Tri patrite agreement
If Nro close relative is joint holder with indian saving bank account holder then the acciunt will be treated as ?
International chamber of commerce headoffice聽
Forward option and arbitrage

4-5 q of currency conversion calculation,
NRE NRo , export/import limits , LRS
Export incentives, limits
461 tariff scheme

gold card for exporters will be issued for a period of ___ years?
Snrr
Rfc deposit
Benchmark lending rate for nfb limits

MSME recollected


MSME recollected questions
1. Micro, small & medium sector
2. Priority sector classification (esp foreign banks less than 20 branches etc)
3. One sum on calculation of NWC
4. CLUSTER development features
5. TIFAC full form, CODISSIA located at?
6. Mahila schemes implemented by SIDBI
7. Which are NOT included under plant & machinery
8. HUF, LLP questions on minor admissibility
9. Common seal compulsory for companies/LLP
10. GRAY sick area
11. Ots implemented by? - individual banks
12. Highest investment by overseas investors is under which sectors
13. Study report Of DIC recommendations
14. Federation of msme for West Bengal state? ITCOT located in which state? MSME council located? Msme as per constitution is state/central/concurrent subject?
https://iibfadda.blogspot.com/

Forex Operations



FX OPERATION:-
Recollected questions are:
1) How many incoterms?
2) Full form of DAT
3)Few questions from doc letter of credit .
4)Nearly 8 questions on LRS
5)NRI remittances limits etc
6)Basic questions on URR 725,
7)URC 522
8)ISP 98
9)Known holiday in forex
10)One question on section of fema
11)Ecgc scheme
12)Question on customs related
13)TT buying TT selling
14)Bill discounting
15)Insurance docs in LC
16) three numericals on cross rates
Many of them are direct questions from FEDAI books.

Foreign exchange operations Syllabus ::



I. a) FEDAI Role and Rules

b) Foreign Exchange Rates and Risk Management

c) Code of Conduct, Ethics / Compliance, Corporate Governance

II. Regulatory Requirements under FEMA for Resident / Non-resident Individuals

a) Remittance Facilities under LRS

b) Other Remittance Facilities for Resident indians / others

c) Various foreign currency accounts in india / Abroad

d) Acquisition of Assets, Immovable properties outside India, including

investments in securities abroad

e) Remittance of Assets

f) Facilities for Non-resident Indians - Deposits Accounts, Investments,

Borrowing etc.

III. Regulatory Requirements under FEMA for Resident / Non-resident Entities

a) Import of Goods & Services and other non-import remittance

b) External commercial borrowing

c) Export of goods and services

d) Investments outside India

e) Investments in India by non-resident Corporates / FPIs / Others Entities

f) Establishments of LO / BO / PO in India by foreign entities

IV. Documentary Credits & Standby Credits

a) ICC guidelines pertining to INCOTERMS 2010, URC 522



b) UCP 600, eUCP version 1.1

c) ISBP - ICC PUB. 745, URBO - ICC PUB. 750, URDG 758

d) DOCDEX Rules - ICC PUB.

872 V. Export Finance

a) Various finance available by way for Pre-shipment / Post-shipment

finance in Rupes and Foreign Currency

b) International Factoring, Forfaiting

c) Export Credit Guarantee Corporatio (ECGC)

VI. Foreign Trade Policy (FTP) 2015-20

a) Various policy issues withspecific relevance to AD Banks with latest

updations

..



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