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.
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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.

Ccp 22/06/19 recollected questions shared by members

Ccp 22/06/19 recollected questions shared by members

1.Whether to accept or reject proposal based on the comparison with npv,irr,arr,bcr 5 questions
 2. Cersai registered under which act
3. Question related to rehabilitation
 4. Which is correct for OPC
5.sma related questions -5 question
 6. time period - right of foreclosure , mortgage money related question
7. interest coverage ratio
 8. Find nwc with details of ca, total assets , term liabilities

9.LC one case study 5 questions ,
10 irr -5 questions, 
msmed act 5 questions

11. 6 questions on factoring and forfeiting
12.5 questions on TReads scheme.
13. 8questions on NPV and IRR , pay back and interest coverage
14. Ratio analysis: 7 questions.
15. 5 questions on msme rehabilitations.
16. 6 questions on IBC and NCLT
17. Minor related 3 questions
18. LLP, HUF,partnership 4 questions
19 Ltv on hl and edu loan 2 questions
20.priority sector:pmjdy,kcc 3 questions
21 Anbc calculation 5 questions

JAIIB AFB Recollected questions ..

JAIIB AFB Recollected questions ..

1.More Theory based questions came.Approximatly 20% numerical
2.As 6
3.Spot rate
4.Numricals on sum digit depreciation
5.Computised accounting 2 question
6.Ration analysis : debt equity ration was given current ration was given total asset was given, find curren asset.
7.1 question on exchange rate.
8.3-4 question theory on rectification and error
9.4-5 questions related to daily banking activity

10.Calculation of net profit
11.Bills discounting
12. Brs 2 questions
13.3 qns NPV
14. 4 Depreciation- Sum of year method
15. Bond yield
16. YTM calculate
17.Questions were also on KYC norms
18.Like who can open current account
Illiterate
Minor
Blind
19.Non registered society
20.Documents required for opening acc of an trust
21.Opening stock 1000
Purchse 2000
Sales 1600
Expenses 500
Closing stock???
22.Error of commission
Error of ommission
Compensating error
23.
Sold goods to Mr.M ...trail balance entries will be?? Which account is debit

24.
Features of cost based concept accounting ??

25.
Process of Posting of entries in ledger is called??

26
Which of the one is not belongs to reporting stage??
27.Sweat equity
28.1 $ = in rupees and 1$ = in euros find 1 euro= in rupees
29.
Generally cash book and passbook is differs in following situations??


30.Regarding non voting shares one questions
31.Adjustment entry effect whch account
32. profit nd loss
33.Trading related
34.Current account can be opened by ......
35. Discount factor for 1 year for 10% rate.... 0.909
36. Which method doesn't take time value of money in consideration... NPC/IRR/PAYBACK METHOD - PAYBACK METHOD
37. If market value of the bond is equal to the face value..then intrest rate is?? YTM/Simple/Compound
38. 3 question on sum of digit method of depreciation... In one question dep. For 3rd year was asked and time period was 10 years.. In another que. Depreciation after 3rd year was asked
39. Which of the following is ont at the recording stage? Money measurement/Cost concept/Business entity/Going concern*
40. One question from reporting / recording stage
41. Overcasting in receipt side of cash book reconciled by what?
42DE ratio 4:1, Current ratio 2:1, Owned funds : 3 lakhs, Total assets : 34 lakhs, Find current assets?
43. Machine value 30000, Salvage value 2500, Life 10 years, What is the 3rd yr depreciation value?
44. Machinery value - 12,00,000, Salvage Value - 1,00,000, Useful Life in Years - 10 Years. Use sum of the years' digits method of depreciation to find the depreciation for 3rd year.
45. Generally cash book and passbook is differs in following situations??
46. Regarding non voting shares one questions
47. 1 $ = in rupees and 1$ = in euros. Find the value of 1 euro = in rupees
48. Housing loan priority sector 1 question
49 Process of Posting of entries in ledger is called?
50 Adjusting entries will effect which of the accounts?? p&l / balance sheet / trading account / None of the above
51 Opening stock 1000, Purchase 2000, Sales 1600, Expenses 500, Closing stock?

Caiib rural banking recollected

Rural banking elective.
Case study numerical 1.BKCC CALCULATION.
2.DSCR PROBLEM
3.NPV AND BCR NUMERICALS
4.PRIORITY SECTOR CASE STUDY
5.PMSBY APY AND PAYG CASE STUDIES
6.FARMER DOUBLE INCOME 2022 CASE STUDY
7.FARMER DEBT AND MFI CASE STUDY

Bcsbi recollected questions

Bcsbi recollected questions 

1) Garnishee Order received for Rs 10,000/- The minimum balance as per bank rule is Rs 3,000/- What is the course of action?

2) Right of appropriation is as per which act?

3) A teacher for the purpose of teaching enquiring bank regarding her rish categorization, as in what risk her account is classified?

4) Mr. X is having gold loan with our bank. He stand as a guarantor for Mr. Y. Now Mr. Y defaulted the loan and the account is NPA. Whether bank can hold the pledge ornaments?

5) How many CIC a bank should have membership as per guidelines ?

6) Which among the following is not CIC?

7) Which among the following is not Officially valid Documents (Answer was Ration Card)

8) Major complain received in Ombudsman for the credit card? (Wrong Billing)

9) What facility we cannot extend to Minor account ? (Overdraft facility )

10) What precaution bank take while accepting the power of attorney, Chooser the wrong answer (Power of attorney unstamped)

11) Maximum term of FCNR (B) deposit?

12) Full form of CORE in CBS?

13) Which among the following is implied needs? (Ans: Extra Attention to the service need)

14) Customer approaching for getting a pass sheet print in terms of passbook? Whether bank will issue apart from passbook?

15) The bank came to know that Mr. A, customer of your branch died on 01.09.2018. Mr. B is approaching the bank on 05.09.2018, to deposit money to that account. What will be the course of action?

16) Customer Delight Illustration by an example choosing from the options

17) Recently what and all deficiency are added to the purview of Ombudsman? (Bancassurance to ineligible/in appropriate customer & Non displaying of redressed/Ombudsman details at branch)

18) Who will appoint CEO in BCSBI?

19) Number of women representatives in various redressal forums under Consumer Protection Act?

20) How branch guide for a customer who is having a complaint? (Ans: TAT, Ombudsman details, etc)

21) The stop payment is issued, however bank honor the cheque, what will be the implication on the bank in terms of this deficiency?

22) Order cheque requires (Endorsement, Delivery or both ?)

23) Which among is not principles of banking? (Insolvency, trust, transparency etc )

24) A reduced customer complaint and increased business is a sign of (Good progress in business )

25) Example of social media marketing? (Advt in press/Internet etx)

26) Implication of a bank which is not a member of BCSBI ? (Less Image in public )

27) Mr. X an employee of the bank collects from neighbors everyday money not deposited to their account? What will be the implication ( Bank’s Image will go low, The staff will be punished, No implication on bank as the collection done not in branch time etc)

28) In terms of promotional materials internet, the bank’s ethics (Like not misleading, giving transparency, information etc)

29) Which among the given option is not a rating parameter for BCSBI for bank’s rating?

30) As per the BR act, who is having the power to conduct inspection of SCBs (NABARD)

31) Which among the following is not required to disclose as per the BCSBI codes to the person who do Forex transfer? (Answer was interest rate of beneficiary country for the term deposits)

32) A non - customer approached you for the remittance of Rs 60,000/- vide NEFT to his father in different town for the medical purpose. What will be the course of action as per BCSBI codes?

33) Mr. X issued a cheque in favor of Mr. Y in different city. He has presented to clearing to Bank. Mr. X now demanding for the original cheque to confirm the particulars entered. (Bank can give the image of cheque only)

34) The bank has send the returned cheque vide ordinary post to the payee. The same is lost in transit. How the case can be dealt to ?

35) Which among the given option is not retail banking?

36) Calculation of eligible loan by giving project cost, Reg Charge, Stamp Duty & Cost of Project @ given LTV of 90%

37) Who can authorize the alterations in the Cheque when it is presented over the counter for the payment?

38) The remittance above what amount o be strictly routed through A/c

39) The demand draft above what value to be credited or passed through account payee options?

40) What is the limit to which no processing charges for MSE loan? (Ans: 5 Lacs)

41) As per MSME CODE till what amount bank will give collateral free loan?

42) The loan given for ITI Education. The loan value is Rs 1.50 Lacs. It is a one year course Maximum moratorium can be ?

43) Demerits of credit card ( Overspending)

44) An unsolicited card is issued to a person. The bank charged Rs 100/- as fees. What is the course of action bank need to take?(Charge and Twice Value of the charges reversed)

45) Code of conduct of DSA : Which among is wrong?

46) Mr. X who is to be approached by our recovery agent old the agent to come to his company near the tea shop in the ground floor of his office, What the agent should do (Ans: No other way go only J )

47) Within how many days the customer can approach the appellate authority if they are not satisfied with the award given by Ombudsman?

48) Which among the following is not an advantage of demat services?

49) Which among the given option is not feature of endorsement?

50) The cheque given for the collection is returned unpaid, the notice is not given in 24 Hours to the party. The customer came to know after 2 months. How to compensate /deal with this situation?

51) Who controlling body for the the tele marketing ?

52) What is the pre requisite required while hiring a tele marketer for the bank?

53) The time limit for transfer of account from one branch to another branch same bank?

54) Which committee on customer service recommended that the passbook should be issued to FD holders like we issue for SB account ?

55) All the details in cheque is filled with ink, the signature is done with pencil. What will be the course of action?

56) As per the CPPAPS Committee, the evaluations are based on whose sense ? (Regulator, RBI, IBA or Customer. Answer is Customer )

57) Time frame for the settlement of death claim

58) Which among the following is not a BSBDA Account Features?

59) Time frame for the recovery agent to visit customers place ( 07:00 to 19:00)

60) As per the Copra Act, the redressal forum is (Quasi Judicial Machinery)

61) Which among to following is not right of customer as per COPRA act ( Giving criminal complaint on the service deficiency)

62) Which among the following conforms that the receiver is an active listener? (Ask question to understand the content)

63) In the following which is not the components of active listening?

64) Which is the following is not the duty of CEO of BCSBI?

65) Total number of members in Governing council of BCSBI?

66) The Change of charges if notified in 30 days, the customer is having option with in how many days to close/switch his account?

67) How many times an individual will get free credit report from CIBIL in a year ? (No free reports)

68) Time frame to give notice to the probable customers whose account to be converted to dormant/inoperative account ?

69) Notice of how many months is to be given when a branch is getting shut down where there is no branch of any bank.

70) When the usance bill is payable?

71) Nursing / restructuring of debts happen after how many days of NPA?

72) Which of the choices are not a post disbursement requirements bank do to MSE borrowers ? (Comparison with other units I guess is the answer)

73) Which is the primary distribution outlets for the banking services (Answer: Branches)

74) The ATM failed transaction beyond the stipulated waiting period of 7 days will have to be reimbursed to the customer by Onus settlement of (Card Issuing Bank, The bank whose ATM customer uses, None of these etc. )

75) Mr. X a recently current account opened customer issued with a cheque book initially. He is asked for 25 cheque books as he said some payments he need to give to group of people . What will be the course of action (Monitor the account for the issued cheque, how and what amount issued etc)

76) The time frame to rectify every breach in the code by BCSBI and reporting of the same (Ans: with in 7 days reporting and remedial action in 15 days )

77) Failure to submit the duly completed annual statement of annual compliance attracts fine not exceeding (Ans: Rs 1000/- per day )

78) Which of the following is the uses of CTS cheque clearing ( Ans: was all of these)

Risk Management ::( Very important content read everyone)

Risk Management ::( Very important content read everyone)

The growing sophistication in banking operations, online electronic banking,

improvements in information technology etc, have led to increased diversity and

complexity of risks being encountered by banks. These risks can be broadly grouped

into Credit Risk, Market Risk and Operational Risk. These risks are

interdependent and events that affect one area of risk can have ramifications for a

range of other risk categories.

Basel-I Accord: It was introduced in the year 2002-03, which covered capital

requirements for Credit Risk. The Accord prescribed CRAR of 8%, however, RBI

stipulated 9% CRAR. Subsequently, Banks were advised to maintain capital charge

for Market Risk also.

Basel-II New Capital Accord: Under this, banks have to maintain capital for Credit

Risk, Market Risk and Operational Risk w.e.f 31.03.2007. The New Capital Accord

rests on three pillars viz., Minimum Capital Requirements, Supervisory Review

Process & Market Discipline. The implementation of the capital charge for various risk

categories are Credit Risk, Market Risk and Operational Risk. Analysis of the bank’s

CRAR under should be reported to the Board at quarterly intervals.

Internal Ratings Based (IRB) Approach: Under this approach, banks must

categorise the exposures into broad classes of assets as Corporate, Sovereign, Bank,

Retail and Equity. The risk components include the measures of the Probability of

Default (PD), Loss Given Default (LGD), Exposure at Default (EAD) and Effective

Maturity (M). There are two variants i.e Foundation IRB (FIRB) and Advanced IRB.

Under FIRB, banks have to provide their own estimates of PD and to rely on

supervisory estimates for other risk components (like LGD, EAD) while under

Advanced IRB; banks have to provide their own estimates of all the risk components.

It is based on the measures of Expected Losses (EL) and Unexpected Losses (UL).

Expected Losses are to be taken care of by way of pricing and provisioning while the

risk weight function produces the capital requirements for Unexpected Losses.

Market Risk: It is a risk pertaining to the interest rate related instruments and

equities in the Trading Book i.e AFS (Available For Sale) and HFT (Held for Trading)

positions and Foreign Exchange Risk throughout the bank (both banking & trading

books). There are two approaches for measuring market risk viz., Standardized

Duration Approach & Internal Models Approach.

Operational Risk: Banks have to maintain capital charge for operational risk under

the new framework and the approaches suggested for calculation of the same are –

Basic Indicator Approach and The Standardized Approach. Under the first approach,

banks must hold capital equal to 15% of the previous three years average positive

gross annual income as a point of entry for capital calculation. The second approach

suggests dividing the bank’s business into eight lines and separate weights are

assigned to each segment. The total capital charge is calculated as the three year

average of the simple summation of the regulatory capital charges across each of the

business lines in each year.

Advanced Measurement Approach (AMA): Under this, the regulatory capital

requirement will equal the risk measure generated by the bank’s internal operational

risk measurement system using certain quantitative and qualitative criteria. Tracking

of internal loss event data is essential for adopting this approach. When a bank first

moves to AMA, a three-year historical loss data window is acceptable.

Pillar 2 – Internal Capital Adequacy Assessment Process (ICAAP): Under this,

the regulator is cast with the responsibility of ensuring that banks maintain sufficient

capital to meet all the risks and operate above the minimum regulatory capital

ratios. RBI also has to ensure that the banks maintain adequate capital to withstandthe risks such as Interest Rate Risk in Banking Book, Business Cycles Risk, and

Credit Concentration Risk etc. For Interest Rate Risk in Banking Book, the regulator

may ensure that the banks are holding sufficient capital to withstand a standardized

Interest Rate shock of 2%. Banks whose capital funds would decline by 20% when

the shock is applied are treated as ‘Outlier Banks’. The assessment is reviewed at

quarterly intervals.

Pillar 3 – Disclosure Requirements: It is aimed to encourage market discipline by

developing a set of disclosure requirements which will allow market participants to

assess the key pieces of information on the capital, risk exposures, risk assessment

processes and hence the capital adequacy of the institution. Banks may make their

annual disclosures both in their Annual Reports as well as their respective websites.

Banks with capital funds of `500 crore or more, and their significant bank

subsidiaries, must disclose their Tier-I Capital, Total Capital, total required capital

and Tier-I ratio and total capital adequacy ratio, on a quarterly basis on their

respective websites. The disclosures are broadly classified into Quantitative and

Qualitative disclosures and classified into the following areas:

Area Coverage

Capital Capital structure & Capital adequacy

Risk Exposures &

Assessments

Qualitative disclosures for Credit, Market, Operational,

Banking Book interest rate risk, equity risk etc.

Credit Risk General disclosures for all banks.

Disclosures for Standardised & IRB approaches.

Credit Risk Mitigation Disclosures for Standardised and IRB approaches.

Securitisation Disclosures for Standardised and IRB approaches.

Market Risk Disclosures for the Standardised & Internal Models

Approaches.

Operational Risk The approach followed for capital assessment.

Equities Disclosures for banking book positions

Interest Rate Risk in

the Banking Book

(IRRBB)

Nature of IRRBB with key assumptions. The increase /

decrease in earnings / economic value for upward /

downward rate shocks.

The Basel-II norms are much better than Basel-I since it covers operational risk.

However, risks such as Reputation Risk, Systemic Risk and Strategic Risk (the risk of

losses or reduced earnings due to failures in implementing strategy) are not covered

and exposing the banks to financial shocks. As per Basel all corporate loans attracts

8 percent capital allocation where as it is in the range of 1 to 30 percent in case of

individuals depending on the estimated risk. Further, group loans attract very low

internal capital charge and the bank has a strong incentive to undertake regulatory

capital arbitrage to structure the risk position to lower regulatory risk category.

Regulatory capital arbitrage acts as a safety valve for attenuating the adverse effects

of those regulatory capital requirements that activity’s underlying economic risk.

Absence of such arbitrage, a regulatory capital requirement that is inappropriately

high for the economic risk of a particular activity could cause a bank to exit that

relatively low-risk business by preventing the bank from earning an acceptable rate

of return on its capital.

Nominally high regulatory capital ratios can be used to mask the true level of

insolvency probability. For example – Bank maintains 12% capital as per the norms

risk analysis calls for 15% capital. In a regulatory sense the bank is well capitalized

but it is to be treated as undercapitalized from risk perspective.

Basel-III is a comprehensive set of reform measures developed to strengthen the

regulation, supervision and risk management of the banking sector. The new

standards will considerably strengthen the reserve requirements, both by increasing

the reserve ratios and by tightening the definition of what constitutes capital. The

new norms will be made effective in a phased manner from 1st July 2013 and

implemented fully by 31st March 2019 and banks should maintain minimum 5.5% in

common equity (as against 3.6% now) by 31st March 2015 and create a Capital

Conservation Buffer (CCB) of 2.5% by 31st March 2019. Further, banks should

maintain a minimum overall capital adequacy of 11.5% by 31st March 2019 and

supplement risk based capital ratios by maintaining a leverage ratio of 4.5%. These

measures will ensure well capitalization of banks to manage all kinds of risks besides

to bring in more clarity by clearly defining different kinds of capital.

Counter Cyclical Capital Buffer (CCCB): The objective of CCCB is twofold viz., it

requires banks to build up a buffer of capital in good times which may be used to

maintain flow of credit to the real sector in difficult times and also to achieve the

broader macro-prudential goal of restricting the banking sector from indiscriminate

lending in the periods of excess credit growth that have often been associated with

the building up of system-wide risk. It may be maintained in the form of Common

Equity Tier-1 capital or other fully loss absorbing capital only and the amount of the

CCCB may vary from 0 to 2.5% of total risk weighted assets of the banks. RBI

intends banks to have a sustainable funding structure. This would reduce the

possibility of banks’ liquidity position eroding due to disruptions in their regular

sources of funding thus increasing the risk of failure leading to broader systemic

stress. The Basel committee on banking supervision framed two ratios viz., Liquidity

Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) as part of global

regulatory standards on liquidity to be implemented from 1st January 2018.

i) Liquidity Coverage Ratio (LCR): In order to promote short-term resilience of

the liquidity risk profile of banks, RBI has introduced LCR in a phased manner,

starting with a minimum requirement of 60% from 1st January 2015, and reaching a

maximum of 100% by 1st January 2019. The LCR will ensure that banks have an

adequate stock of unencumbered high-quality liquid assets that can be converted

easily and immediately in private markets into cash to meet their liquidity needs for

a 30-calendar day liquidity stress scenario.

 ii) Net Stable Funding Ratio (NSFR): The ratio seeks to ensure that banks

maintain stable source of funding with respect to the profile of their assets (loans

and investments) and off-balance sheet activities such as extending asset

management and brokerage services to the clients. The NSFR should be 100% on an

ongoing basis. It limits over reliance on short-term wholesale funding, encourages

better assessment of funding risks across all assets and off-balance sheet items and

promotes funding stability.

Tier – I capital consists of Paid up Equity Capital + Free Reserves + Balance in

Share Premium Account + Capital Reserves (surplus) arising out of sale proceeds of

assets but not created by revaluation of assets MINUS Accumulated loss + Book

value of Intangible Assets + Equity Investment in Subsidiaries+ Innovative Perpetual

Debt instruments.

Tier – II consists of Cumulative perpetual preferential shares & other Hybrid debt

capital instruments + Revaluation reserves + General Provisions + Loss Reserves

(up to maximum 1.25% of weighted risk assets) + Undisclosed Reserves +

Subordinated Debt + Upper Tier-II instruments. Subordinated Debts are unsecured

and subordinated to the claims of all the creditors. To be eligible for Tier-II capital

the instruments should be fully paid, free from restrictive clauses and should not be

redeemable at the instance of holder or without the consent of the Bank supervisory

authorities. Subordinated debt usually carries a fixed maturity and they will have to

be limited to 50% of Tier-I capital.

However, due to the stress on account of rollover of demonetization and GST, the

implementation of Basel-III norms may slightly be delayed and the regulator likely to

inform the timeframe shortly.

Economic Capital (EC) is a measure of risk expressed in terms of capital. A bank

may, for instance, wonder what level of capital is needed in order to remain solvent

at a certain level of confidence and time horizon. In other words, EC may be

considered as the amount of risk capital from the banks’ perspective; therefore,

it differs from Regulatory Capital (RC) requirement measures. It primarily aims to

support business decisions, while RC aims to set minimum capital requirements

against all risks in a bank under a range of regulatory rules and guidance. So far, EC

is rather a bank-specific or internal measure of available capital and there is no

common domestic or global definition of EC. The estimates of EC can be covered by

elements of Tier-1, 2 & 3, or definitions used by rating agencies and/or other types

of capital, such as planned earning, unrealized profit or implicit government

guarantee. EC is highly relevant because it can provide key answers to specific

business decisions or for evaluating the different business units of a bank.

Dynamic Provisioning: At present, banks generally make two types of provisions

viz., general provisions on standard assets and specific provisions on non-performing

assets (NPAs). The present provisioning framework does not have countercyclical or

cycle smoothening elements. Though the RBI has been following a policy of

countercyclical variation of standard asset provisioning rates, the methodology has

been largely based on current available data and judgment, rather than on an

analysis of credit cycles and loss history. Since the level of NPAs varies through the

economic cycle, the resultant level of specific provisions also behaves cyclically.

Consequently, lower provisioning during upturns, and higher provisioning during

downturns have pro-cyclical effect on the real economy. However, few banks have

started making floating provisions without any predetermined rules; many banks are

away from the concept which has become difficult for inter-bank comparison. In the

above backdrop, RBI introduced dynamic provisioning framework for Indian banks to

address pro-cyclicality of capital and provisioning to meet the international

standards. Recently, RBI has allowed banks to recognize some of their assets like

real estate, foreign currency and deferred tax, reducing the extra capital needs of

state-owned banks by 15 per cent. The move is aimed to align the regulatory capital

of banks with the Basel-III standards.

Leverage Ratio: It is the tier-1 capital divided by the sum of on-balance sheet

exposures, derivative exposures, securities financing transaction exposures and off-

balance sheet items. This ratio is calibrated to act as a credible supplementary

measure to the risk based capital requirements with the objective to constrain the

build-up of leverage in the banking sector to avert destabilizing deleveraging

processes for the sound financial economy and to reinforce the risk based

requirements with a simple, non-risk based “backstop” measure. The desirable

exposure should be within 25 times of tier-1 capital.

Banks in India need substantial capital funds in the ensuing years mainly to fund the

credit growth which is likely to grow at around 15% to 20% p.a. and banks are

required to set aside a portion of capital for the said purpose. Banks also need

additional capital to write off bad loans as well as to meet the operational risks on

account of weaker implementation of systems and procedures. More importantly, the

implementation of Basel-III norms warrants pumping of substantial capital funds.

Raising these funds, though, will require several steps, apart from legislative

changes as Public Sector Banks can not dilute its equity below 51%. Attracting

private capital warrants minimum governance and structural reforms. It is also

proposed to create an independent Bank Holding Company to invite private capital

without diluting the equity to address the issue.

Single link for JAIIB Recollected

Jaiib Legal Recollected: 2018 May

Lc se question tha

Lok adalat

Ni

Indemnity

Gurantee

Collecting banker

Awards under banking ombundsman

5 questions from FEMA

Limitations act lot of 2 marks

Bailee bailor pledge mortgage

Mortgage 3-4 question English n equitable

Paid up capital
Securities questions
Saffaesi 2-4 questions
Lok adalat 3 questions
Ultra vires questions

Equity mortgage questions

Collecting bank 2 questions

JAIIB LEGAL RECOLLECTED:: Most important Previous years questions

1. Section on which partners are defined
2. Tenure of director of banking company
3. Preservation of records
4. Maximum share in company related one question
5. Question to the condition on which depositor has to deposit-25% amount
6. Who has power to inspect bank-rbi officer, state officer,police officer, custom officer
7. Bfs-one director nominated by
8. Central government power in banking
9. Term loan given and default occurs-limitation period-3 years
10. A issued a check with amount 300 and left space in both side i.e. in words as well as
figure. Some employee forged it to 3300 unknowingly and sign style was little different
but it was cleared-who should be responsible
11. Question related to responsibility of collecting banker
12. A cheque is a drawn on some bank what collecting bank should do
13. Check crossing related one question
14. Liability of paying banker
15. There is one partnership firm ABC. With operation E/S upto the limit of 5000. A
draws cheque to B for 4553. B transfers it to his account…then who is liable wand what
is the role of bank here
16. A minor shares profit of the firm does he will be have liability with the firm if
something went wrong
17. An OD facility is given the customer he but he has drawn beyond his limits and also
many cheques have been returned-what a bank should do?
18. To which type of company there is restriction on transfer of share-private company
19. Main objective and other objective are mentioned in-MOA
20. Question based on types non fund based credit facility21. No of parties in indeminity-2
22. A lost FD and asking bank to reissue duplicate bank issues it- what is the role of A
here?-indemnifier
23. Right of indemnity holder related one question
24. Types of bank guarantee based one question
25. Liability of a bank to honor BG
26. What does negotiating bank does?
27. Question related to with recourse and without recourse lc
28. DPG-deffered payment guarantee based question
29. One case study was given with relation to simple mortgage and equitable mortgageratio
of share on default was asked
30. Types of mortgage with examples, gold loan, car lone, home loan, lic policy arrange
it
31. What is fixed charge
32. Registration of charge-central registry
33. Banking ombudsman:
a. Matters where complain ts can be made
b. If not satisfied with BO then to whom w e should approach
34. Effects of non-registered company
35. DRT AND DRAT based question:
a. who is higher authority of drat
b. power to modify drt-central go vt
c. case related where only it can be handled by DRT
d. Property is somewhere loan is taken from another place where drt has to be
approached?
36. SARFAESI ACT based question:
a. Validity
b. Security interest
c. Security receipts
d. Cancellation of re gistration of SRC
e. Powers and its applicability , enfor cement of security interest
37. A guarantees OD for his son that it will be paid- which type of financing it is?
38. Bankers book evidence-prima facie related question
39. Consumer complaints
40. Who is the head of state consumer protection council-minister in charge of the
consumer affair?
41. Question related to tds and TAN NUMBER
42. CONDITION of contract
43. Liability of surety
44. Bailment of goods
45. Right of unpaid seller
46. Rti applicability area
47. Supply bills related 2-3 questions
a. It is related to whom
b. To whom it should be financed- 2 marks
48. Hypothication
49. Pledge
50. Mortgage
51. Charge
52. Contract of sale
53. Minor account
54. Question from FEMA
55. Reverse mortgage
56. Fees of RTI
57. Term of director of bank
58. Who is regulatory authority of DRT
59. Security receipt
60. Floating charges/Fixed charge

1. Members of public and private company - Public - Min-7, Max-No Restriction. Private -
Min-2, Max-200
2. No. Of directors in public and private company - Public - 3 to 15, Private - 2 to 15
3. Interest payable by RBI on CRR - 0 %
4. Pledge hypothetican
5. What is equitabe mortgage
6. NI Act
7. RTI
8. Questions based on limitation period
9. Diff b/w partenership and company
10. Questions on mortgage and cheque
11. Heads of object of memorandum of association
12. Related equitable mortgage
13. BR act
14. Partnership accounts
15. Person appeal to drt after receiving reply from sc with in period of
16. payment and settlement system regulated by
17. About mortgage types 4 questions
18. FEMA deals with transactions of
19. Bailment & pleadge
20. Equitable morgatge
21. Lc
22. Deferred payment guarantee
23. Limitation
24. In how many days TDS file to gov
25. For cancel of lease or rent how many month notice?

1. Section 131
2. Actionable claim
3. Which one is NI
4. Equitable mortgage
5. Mortgage deed is necessary foe which mortgage
6. Which LC is called anticipatory credit
7. Members and directors of pvt and public company (2questions)
8. Which is not a company classified under liability category
9. With what memo a cheque should be returned if collected by one bank and presented
by other bank
10. When a partnership will dissolve
11. Demand notice period under SARFAESI-ACT
12. DRT is applicable for : SBI, nationalised, RRB, all
13. DRT
14. Bank Guarantees
15. Many questions on mortgages
16. Income tax act
17. Preference shares
18. LC
19. Bill of exchange
20. Agreement
21. Hypothecation
1. Clatons rule
2. Minimum directors-3&2
3 Around 8 qtns from mortgage. like english, equitable, act for mortgage etc.
4. 4 qtns from MOA & AOA of company
5. Doctine of constructive
6. Diff. partnership and company
7. Indemnity-loss of fdr
8. Hypothication
9. Ddiff. pledge and lien
10. Consumer complaint act-complainant
11. Credit card award-1 lakh
12. Common seal
13. Green letter of credit
14. Negotiating bank
15. Surity is -secondary
16. Deffered guaranty
17. DRAT head post
18. Chq alteration not visible to naked eyes bank not liable
19. SARFAESI Act apeal to drt in how many days 45
20. LC credit related question credit allow something like that ans green lc
21. BO related complain how many days to dispose by BO.
22. RTI how many days to required by the PIO to settle the information.
23. Not registerd partnership firm related question can sue or not.
24. Min No of director in public and private
25. Arbitrage

Under which section of income tax donations come? - 80G of the Income Tax Act
Min and max no of member in private companies - 2 & 200
No. of members in public limited co (Min & Max) - 7 & unlimited
Banking ombudsman applicable - in whole india
Indemnity which type of liability? - Contingent.
Who can rectify the clerical or arithmetical errors in order passed by DRT? - Presiding
officer
Which income doesn't come under service tax? - Interest income
Within how many days can a consumer file complaint if he is not satisfied with the
service? - 30 Days
Which is the negotiating bank in case of LC? - Exportrs country bank
Relationship between bank n customer in case of pledge - pawnor-pawnee'
Debt recovery tribunal established by - Government of India under an Act of Parliament
(Act 51 of 1993)
How many types of LC ? - 8
Jurisdiction of appellate tribunal - The Central Government is also empowered to decide
and specify the areas within which the tribunal may exercise jurisdiction for entertaining
and deciding the applications filed before it.
DRT applicable - Above 10 Lakhs
DRT is controlled by - Recovery of Debts Due to Banks and Financial Institutions Act
(RDDBFI Act), 1993
RTI is not applicable to - J&K
UCPDC 600 is in respect of - Letters of credit
Pay as you earn is a...... tax - is a withholding tax on income payments to employees
20% profits should maintain with rbi - NBFC
NI act application - Whole India
Cersai time limit - within 30 days of creation of mortgage
Bills payable on demand are - paid when the payee asks for it.
Term of every member in national commission - 5 years or up to the age of seventy
years, which ever is earlie

A securitization company carries out the function of - Acquisition of financial asset from
the originator
Limitation period of for takng immovable property under sarfaesi? - 12 Years
Amount of TDS should be submitted before how many days? - 7th of the next month
Number of directors of private company? - 2 to 15 (Min & Max)
Casual vacancies of directors can be filled by? - the Board of Directors at a meeting of
the Board
Collecting bank will get safety under NI act for what - Forged sign of endroser
Which is not consider as NI - Share
Tax dedcuted from salary has to be payed as on - Monthly basis
Limitation perod for foreclosure is - 30 Years
Llimitation perod for possession of immovable property is - 12 years
Banking regulation act 1949 - Regulates banking

Banking ombudsman 4 questions
DRT appllete is headed by ........appointed by central govt.
LC 3 questions case study 1
Advising banking is called......
Whether advising bank is to take part in liability of LC
Macmillan book back questions 5-6 - Average 3-5 questions coming
Key used to create digital signature.....Private key
RTI Act .....Getting info from.....Public authorities
Exemption of RTI Act
Bankers book evidence 2 questions one from Macmillan book
How much we have to pay to get copy from the abovesaid paper n copies...
Sarfaesi 3-4 questions out of one case study....
What type of charge in case of goods under manufacturing.....
Under pledge unlike mortgage....Some differences were given in the options
N deposit in bank Z with branch manager C .L is the introducer of N.N got LOD from
that bank.Who has lended to whom?
R has shares in limited company.R dies what will happen to shares.....?
In case of safe deposit vault, customer is called as....
X a customer lost the TDR and bank gave duplicate receipt receiving indemnity from
X.Here who is indemnified to whom?
Parties in a contract......
Bank guarantee 2 questions...

What is reverse mortgage
Tenure of banking ombudsman
Fee require for RTI
Mode of accepting complain by banking ombudsman
One question on arranging orders for different type of mortgage
One question on arranging orders for different type of charges
Limitations period will be extended,-on credits to ac
Material alteration of cheque without authentiaction of bearer
Bank buy a cheque from A and give advance but cheque got returned-from whom bank
will recover
A presented a cheque for clearing and went abroad, cheque got returned for financial
reason after I year. A returned and found no credit in his account and bank lost the
cheque- responsibility of bank and customer
Lmitaton period of of account
Lok adalat is conducted by....

No. of max members in pvt company - 200
........................................
Pawnor pawnee
The bailment of goods as security for payment of a debt or performance of a promise is
called "pledge". The bailor is in this case called the "pawnor". The bailee is called the
"pawnee".
............... .........................
Min deposit to appeal to DRAT - 50000
........................................
Min and max directors in public limited co -
........................................
Complaints can lodge to banking ombudsman through - Authorised Representative
........................................
Safe custody of articles.. Bailment
........................................
Clubs n societies r registered under - either under the Companies Act, 1956 or under the
Societies Registration Act or the Co-operative Societies Act
........................................
Sale notice period ie. 30 days
........................................
Authorized officer of public sector bank min designation.. Chief manager
........................................
Jurisdiction of filing suit - at place of mortgaged property situated
1.Deffered credit
2.minimum and maximum members in private company..
3.accalaration.
4.equity mortgage..
5.demand biill also called as sight bill.
6.presiding officer tunere...
7.relationship in safe locker ..bank customer.
8.relatioanaship in loan on FD..
9.pladge..
10..origanater.
11.about drt
12.3days for book evidence..
Under how many phases is cases of sarfaesi settled under civil courts?
EM is required to be done in specified town of property
Payment to minor
Right of member in a company
Fund based non fund based
Metropolitan Magistrate
Endorsement in cheque
Advantages of corporate form of enterprises
To whom the assignment notice send in case of loan taking against insurance policy
Lok adalat max compensation?
Banking ombudsman
Title deed not required to be deposited in whch type of mortgage?
Mortgage-transfer of property act
Sale of goods act

partnership
Huf law
Safe deposit locker
FEMA
3 - 4 case studies on protection to collecting banker and paying banker
Appointment of banking ombudsman , regulation of tenure of banking ombudsman
Minimum and maximum number of members in private company
2-3 questions from MoA and AoA
Object is described in MOA /AOA
Difference between partnership and company..
If a director in company wants get member of another company what needs to effect in
both companies article of Asso.
For how many years a banking company use non banking assets- 10, 11,12 or 15 years
Mutual fund transaction which kind of account in dealing foreign transaction.
RTI act not applicable which of the following
Renounce sport board
Cabinet ministry
AD bills
Floating charge
Fixed change
If a customer deposit an order cheque to A bank and A bank put a collection stamp on it
but customer take the cheque and deposit to B bank but B bank return the cheque.What
The B bank site the return reason
National commission tenure
What is the conversion?
HUF created by
Who pays money to beneficiary in LC
Appeal days in DRT
............................. ...........

E filing system in charge registration
........................................
Contract two to three questions
........................................
SARFAESI act applicability
...................................... ..
DRT Applicability
......................... ...............
Banking omb
..................... ...................
According to tax lawas income definition
........................................
Major powers of RBI
.............................. ..........
Rti act
........... .............................
Law of limited for foreclosure of mortgage
........................................
What is called judgment of Banking ombdsuman is.Award
........................................
Indemnity
security or protection against a loss or other financial burden.
security against or exemption from legal responsibility for one's actions.
........................................
Deferred payment guarantees

JAIIB PAPER 1 PPB RECOLLECTED QUESTIONS:: Very important …..

BCSBI is framed as per?
Difference between mandate or POA
Loan against shares and debentures in demat and physical form
Half duplex
CBS networking
Stages of money laundering
Cyber banking
4p of marketing
Front end processor
Dumb computer
Lic assignment
Hypothecation
Lien is implied pledge
2 Q on NPA
Death case of a partner in chq
Match pair in bank customer relation
Bank guarantee
MSME
Education loan
Daily limit of mobile banking transaction
CPU consists of
Bima yojna
Sarfaesi act
Currency issue by rbi
Problem on L C.
National payment corporation of India set up by?
Crop loan interest subvention rate? Upto which amount?
Soiled notes incentive per packet?
Safe custody relationship banker and customer?
MCLR
Education loan covered under Priority sector upto limit
Credit gurantee for education loan upto what amount
CGTSME Limit
Validity of agricultural loan
NRE NRO questions
NPCI
Multi brand
Sericulture
Gorpher related qustion
eKYC
KCC loan related qustion
Which of these control LAN traffic : Central Node, Firewall, Hub, Repeater
Validity of dpn in loan documents?
SLR
RBI has share of - central or state govt?
Market stabilisation scheme related to -sebi or RBI?
Does bank charge anything for activation of dormant charges?
What is kite flying in banking?
Minimum days for fixed deposits?
Provisioning norms for sub standard assets?
Which is a process of disaster recovery? prevention monitoring recovery or testing?
Bank should not sanction to a loan until 5 yr?
If it is in RBI defaulter list or bank declares wilfu l defaulter.
CIC can display name if loan os is 25 lakh and above? If account is doubtful or loss.
. Rbi prepare it's monetary policy with- finance minister,dy governor,ED,governor
. KCC is for -short term crop production
To buy pumpset, to meet consumption pu rposes.
Rule of Clayton's applicable in
Right to set-off or bank general lie n,particular lien.
Decline stage where-sale is stagnat and cost is fixed.
Mortgage where mortgagee promise to return if paid due amount-conditional
mortgage
Why people will prefer bank- acc to service or location
Which doesn't include in 4c-customers choice.
What improve product marketing-packaging,perishability.
A and B has former or survivor ac. A dies.legal heir of a claim.who will receive.
Basel 3 should have how many %risk weight age.-4.5%
How much % need for pan for agril advance?10%of anbc of off balance sheet items.

Directors of public company
Types of company
Doctrine of ultra vires
Punishment in money laundering
Sarfeasi act
Banking ombudsmen
Partnership
Min and max no. Of members in private company
Basel
Minor account
Lost DD which doc obtained?
Urban co op bank regultd by
Demutualisation
NSE charge
KYC
Prime minister atal pension yojana
How loan in KCC get NPA - Not paid after 2 crop session in short term. 1crop session in
long term crop session.
Cheque truncation
Payment bank
Robert lanterborns 4p & 4 cs
High attrition rate
MTC Basel III
Clayton's rule
Provisioning in prio sector
Types of mutual funds
Types of LC
Network topology
Marketing mix
Purpose of marketing and pricing
Provision for standard loan sanctioned under SME
Right to Set off
Appointment
Lien and charge
Jandhan
Minimum qualification for agri clinics
Is export credit part of priority sector
Is bill of landing negotiable instrument
What is the ombudsman within banks called
Power of attorney questions
Relational information systems
How bank use social media
Pos limit per day
Oldest net in india
Horizental merzer
Government shares in rbi
Priorty sector advances in micro enterprises
Simplex transmission
IT risk in company
Land mark in electronic fund transfer
Function of cibil
LAN connection
White Label ATM
Which is not a type of topology
Setoff of the customer who is having bad debt of some amt n having credit balance in
his deposit account at different branch
but your bank is not yet CBS operated what step need to taken
RBI can stop a branch on voilation of ?
Kisan credit card are issued to farmers for
Payment bank and small bank
About CERSAI
Open market operation
Basel 3 norms
1. Relationship in Safe custody ...... Ans - Customer - Bailor & Bank - Bailee
2. NRLM replaced ...... Ans - Swarnajayanti Gram Swarozgar Yojana (SGSY) . The
scheme was succeeded by Deen Dayal Antyodaya Yojana on 25 September 2015.
3. Mortgage is defined in which act ...... Ans - Transfer of Property Act 1882
4. RBI Nationalised in which year ...... Ans - 1949
5. Area covered under LAN generally ...... Ans - 15 0 Meters
6. Banking services in the realm of Wealth management are best delivered through ......
Ans - Face to face transaction
7. A fraud committed by a larg e number of customers on bank would basically result in
...... Ans - Reputation risk
8. KYC procedure for open ing small account has been simplified for those person not
having an officially valid document, the balance at any time should not exceeds Rs.......
and Credit should not exceeding ...... Ans - 50000, 100000
9. In case of partnership one partner died then what will ha ppen in partnership? Ans -
Partnership firm dissolved
10. Function of RBI
11. Alliance and con tract
12. NPA Problem on prov isioning
13. Cr bal limit and transaction lim it for no frill accounts
14. Settlement of deposit for nominee
15. Half-Nest - Ans - Married with you ng children
16. Pillar - II - Ans - Supervisory Review Process
17. Basel - III
18. Question f rom Minor Account
19. Assessment of working capita l
20. Credit Monitoring
21. Agri Financing
22. Product Cycle
23. Marketing
23. SHG
24. Cred it Card
25. Off Balance Sheet items
26. Mutual Funds
27. NCPI
28. KYC N orms
29. Garnishee O rder
30. Banker's Lien
31. Right to set o ff
32. Priority Sector A dvances
33. MSME
34. CD iss ued by?
35. 4c's, 4p's matc h the following
36. Monetary policy by?
37. Banks doing insuran ce bussiness under which act? Insurance Regulatory and
Development Authority Act
38. Customer bank relation match the following?
39. SHG withdrawal must be signed by?
40. You have paid rs.40000 in business h ours for a customer. The account has balance
of 200000 remaining. U received garnishee order after business hours of Rs. 250000.
What would you do?
41. BG issued by you r bank. What is your bank?
42. NPCI Was introduced by?
43. Short term agriculture lon e becomes NPA for how much time? Ans - 2 crop season
44. Which is not comes under direct agriculture advance?
45. What is the first stage in new product development?
46. Mortgage is definitely need under which Act?
47. Write appropriate ans about RBI. Ans - RBI is started Apr 1. under RBI act
48. BASEL 2 consists of ?
49. What is the second st age In Kyc?
50. CC sanctioned based on Wt Proce dure.
51. If Banks not maintain min CRR requirem ent what is the penality?
52. What are the capital market instruments?
53. A bond which will issue below the face va lue? Ans - Discount bonds
54. What are the provisions for Doubtful assets 3? Ans - Secured - 40% , Unsecured -
100%
55. A & B are joins holder of FDR. If A died then what will happen to the FDR? Ans -
The surviving holder may claim the rights over deposit.
56. BANKNET uses which switching? Ans - Packet switic hing
57. Simplex transmission. Ans - Transmitting data only in on e direction
58. Mr A who is resident of outside India. His grand parents are Indians . Then A called
as ......
59. Rev olving LC
60. Once mortga ge created it has to register with whom?
61. Loan against term deposit on the name of minor
62. Paying bank protection of NI act..
63. How much loan sanction as educat ion loan of courses in India.
64. About marketing mix and 4p's total 3 questions


MOST IMPORTANT JAIIB AFB Recollected::

1. Preference share option related voting rights were given
2. Foreign exchange dollar hkd and rupees cross currency was asked in rs
3. Eosp when it is issued or employees has buy predermined rates
4. Depreciation wdv 2 questions and sum of years 1
5. Error of principle
6. Gold loan rules for sanctioning
7. Bond volatility
8. spot rate meaning
9. Value date
10. e-commerce is?
11. Computer software is developed by?
12. Cost of sales gross profit net profit
13. Reconciliation
14. Closing stock apear-trading and balance sheat
15. Contingent liability-bank garanty
16. AS 13 relates to investment
17. Medium risk-8 years
18. SHG- kyc not required of all member
19. Sinking fund formula same as - FV anuity
20. Prepaid exp-current liability
21. Depriciation 2 qtns from wdv method and one from wtd average method
22. Outstanding salary - personal act
23. Expenses and incomes - nominal act
24. Real a/c debited-what comes in
25. Statement record all ledger balance-trial balance
26. Small account credit in a year - 1 lakh
27. Govt Company - 51% share
28. Question on kyc
29. Saving ac interest calculation....
30. Question in cash book and pass book 
31. Long term Liabilities changes
32. Effect on assets
33. No question on SI, CI and EMI
34. Question from trial Balance
35. Real account, Personal account, Nominal account
36. 1 question is that Representative personal acc is 1
37. Question on wdv depreciation method
38. 2 marks question on foreign exchange rate
39. 1 question on ESOS
40. Floating rates are called ......
41. Back office may be situated in ......
42. Long term liabilities are payable after ......
43. High Financial Leverage means ......
44. Expenditure & Income reales to ......
45. Non Voting Shares
46. Double entry system means ......
47. Vaule date
48. Residual Value
49. YTM bond is ......
50. Spot
51. Call & Short Money
52. Credit & Debit Voucher
53. Chq clearing
54. Net profit value
55. Gross profit
56. Debt equity ratio
57. Issued shared
58. Banking manual
59. Question on cross currency rate 2 marks
60. Gross profit & net profit 2 marks
61. YTM 2 marks
62. Debit in real account refers to.....
63. KYC verification for shg group members....
64. CA cannot opened by....
65. Gross profit
66. Present value
67. Cash book passbook
68. Real nominal accounts
69. Fixed n floating rate
70. Call money notice money
71. Numerical Questions on gross profit, bond value, current yield, depreciation, present
value of some amount
72. Petty cash - 3question
73. Bank reconcile-2ques
74. 2 question from prepaid expenses
75. Main function of bank
76. Gross profit
77. Present annuity
78. Proprietorship firm
79. Meaning of holding company
80. Cash flow 55000, Useful Life 5 years, IRR 15%, Cost of capital 11%. Find NPV
81. What is consolidated voucher
82. Representative personal account
83. DE ratio owen fund current ratio total assets given n find the current asset
84. Sweat equity share
85. KYC - 2 questions
86. Salvage value in depreciation method 2 questions
87. Forex arithmetic 3ques's
88. Depreciation of machinery after 2 years written down value
89. kyc risks
90. STR report
91. Risk mgmt
92. BCSBI 1 question
93. Credit bal
94. Debit bal 2ques
95. Forfeiture of shares
96. Preference share

97. Dual concept
98. Accrual concept
99. Formula of depreciation
100. Sinking value 2 ques's
101. NPV VALUE OF Firm Calculation 2 Questions
102. Debt equity ratios...
103. Depreciations on fixed value...2-3ques...
104. Depreciation on straight line (residual value) ques...
105. Company having 51% share of another company...
106. Maximum limit of transaction in small (ovd )accounts in a year....
107. Current a/c cant be opened by....options were ...pardanashin women....minor
....blind...a ccompany..
108. Sweat equity shares...
109. GAAR full form...
110. Money market mutual funds are regulated by...
111. If a person transfer a/c frm one branch to another branch den required kyc???
112. Companiesare classified on the basis of...options were
...location...capital...managemnt...incorporation etc...
113. Bond value.....
114. Insurance premium for 45 days???
115. Typs of clerical errors.....
116. Periferal devices of computer...options were...keyboard windows..
117. A Suspesious Transion report where the report ( FIU-Ind)
118. Objective PMLA
119. When a minor open self operated account
120. Deleting Drawing 2 Questions debit or credit account
121. What is bond maturity value (YTM)
122. What is coupon rate
123. Prepaid expenses or outstanding account adjustment done or not
124. Samll account time
125. Rectification of error 4-5 Questions
126. Depreciation 4-5 Questions (3 Numerical)
127. Final Account 5-6 Questions
128. Foreign exchange 3 Questions all numerical
129. YTM 3 Questions
130. Education loan - 2 Question
131. Gold loan-1 Question
132. Consolidate voucher
133. Bank General ledger
134. Ratio 3 Question
135. How to improve current ratio
136. Inventory turnover ratio

Find cost of good sale if opening is80000; purchase is 120000;direct expense 5500;

indirect expense 4000 ;closing is9000

Bond par value is 100, market rate is 12% and 15% is .....find bond price

Ravi wants 500 at every quarter for 5 year , at the rate 10%.find initial deposite

When bond price is equal to Face value.

Interest paid in advance is a type of account

In which depreciation rate of interest is constant

Car purchase by a company is which type of expense

Auditor of a bank is appointed by

In cbs branch computer is connected to the server and all server are connected to main

data centre server

In India 1$=66.56-66.74and 1 euro=1.1456-1.1765$ then relation betwn rupee and

euro

Wages for installation of machine is debited wages acct is which type of error

Find closing balance if cost of goods sold ,puchase,indirect expense, opening balance is

given - For 1year, For 3years

A company deposited 5000at the beginning of the year to puchase amachinary for

20year at the rate 10% find present value of annuity

Schedule AS6 define

Which are the peripheral related to computer

Which of the work out sourced by bank - Ans loan recovery

Which work is not done at back office

Calculation of EMI

Calculation of interest on loan

E kyc is done at periodically to which type of customer

Why Ekyc is usefull

A loan is sanctioned and disbursed 100000 but after 1 year it shows outstanding of

101000. Than what is 1000

4 questions from identifying type of error

Gold loan eligibility

Bond face value one numerical pbm

Bank reconciliation statement given passbook balance and asked cash book balance and

viceversa-2numerical question and 2 case study type question in above

Cost sales netprofit numerical pbm

Given coupon rate,rate of interest and par value asked market price.

Accounting concepts AS29

Business entity,matching concept - give situation asked to find the type of concept

Benefits of CBS

Bill drawn by A on B endorsed it to c....After due date the entries are bills

receivable,noting charges-wat could have happened?

1. WDV Depreciation> 2problems

2. Who cannot open a Current a/c>minor, illiterate, blind or unregistered society

3. Balance sheet given. Calculate gross profit and net profit

4. Capital paid by shareholders >Paid up capital

5. Calculate PV and bond price>2 problems

6. Which is not true abou Company a/c

7. Cross currency problem

8. What is Spot

9. Due date of a bill from 29june(3months)

10. Suspicious transaction report to >FI UNIT

11. closing stock apear-trading and balance sheat

12. contingent liability-bank garanty

13. AS 13

14. medium risk-8 years

15. SHG- kyc not required of all member

16. sinking fund formula same as - FV anuity

17. Prepaid exp-current liability

18 depriciation 2 qtns from wdv method and one from wtd average method

19. outstanding salary - personal act

20. expenses and incomes - nominal act

21. real a/c debited-what comes in

22. statement record all ledger balance-trial balance

23. current yeild

24. bond value

25. mehod of accepting proposal-irr, npv,payback

Limited company pvt compny

account opening of huf

huf Kyc computerised a ccounting

simple interest que

wrongly credited de bited type question 3-4

Theoretical question on IRR and NPV

maximim 10 numericals 5 of 2 marks

2 marks numerical from ratio analysis

Depricition digit sum method numeric al

Acid test ratio=........... quick ratio

person who makes Promissory not e called - debtor (buyer)

gross profit, NPV numerical

related to cbs

according stan dards

capital or revenue ex penditure

earning per share theory quest ion

Dept turn over ratio problem

Bill receivable comes under a sset or liability

Under bills of exchange, which ac Dr.

Under bills of exchange, which ac Dr.

Sales and cost of goods sold gross pro fit

Foreign exchange and cross currency cal c

cross currency u have to add premiums an d sub discount

Composite voucher

Composition, redee mable, share preferential shares

1. Who prepared Bank Reconciliation Statement?

2. Who will bear the expenses charge creation?

3.cost of mationary is RS 12 lacs, scrap value is 0; useful life is 10 yrs; then find out the

book value for the 4th year.

4. P =10000; A= 11200; r=6℅ p.a then find out time?

5. Classification of ratios?

6. Credits = assets - ?

7. P= 10000 r= 8.5℅ pa compounded quarterly; T=4 yrs then find out A=?

8. Find out current yield on bond is RS 5000/- r = 12℅ pa and market value = 4500

9. Sweat equity shares will be given to ?

Document mgnrega card on identification on a/c opening.

Back office to be establised in ......

No of digits in Adhar, min no of persons in public ltd company

adhar card..bond value..irr.npv..com interest..cash book and passbook od..nominal act

real act ..expendture

balance sheet was given and profit was asked , how deaf is calculated, ytm npv,

bcsbi..kyc year..housing loan ...slm..and wdv method .interest differential..eroor

clerical...net profit ratio.5 qus on trial bal...

virus 1)affect hardware 2) is software 3) like virus of human 4) can not affect data - 2

Present value of bond

Which r 2 types of trial balance

Writing from journal to ledger is called?

2-3 qustns from foreign exchange arithmetic

Calculate amount given to petty cashier using imprest method

Current ratio based questions

Quick ratio is another name of -------?

Depreciation problems using wdv

Straight line method and sum of digits method

……………………………………………………………………

1) bond theorem -2 question 
2) bond sum
3) quick ratio 2sum
4) current ratio 1 sum
5) depreciation 4 sum
6) NPV
7) Pay back method 
8) ARR method _1 
9) Capital budgeting 1
10) Compound interest 2 sum 
11) Bond ARR value 
12) Concept of covertism 
13) Concept of consistency 
14) Full disclosure 
15) Accounting method -3 
16) Cost method 
17) Material method
18) Matching method 
19) Small savings bank account - who all can open , look 
20) EMI
21) Coupon rate 
22) Kyc 
23) Bcbsi account 
24) Trail balance error 
25) Company types - how it vil be registered 
26) LAN WAN - networking of 27)computreconcilation in which entry is required .... In which rectification entry not require 
28) Which error affects two accounts 
29) forward point - dollar to euro, euro to rupee 3 questions

Direct simple question on EMI
Twisted but very simple question in depreciation
Ratios some questions
KYC
LAN and WAN
Computer password
Reconsiliation
3 questions from cash book pass book. In this one question is sum others are theoretical
Conversion from euro to one unit of rupee
Direct questions on forward point
2-3 questions currency conversion dollars
Quick and current ratio - 4-5 questions
Emi 5 Lakhs 12% - monthly EMI for 2 years
Deprecation 3-4 questions numerical
The value get double at 9.75% in how many years
Single sided corr - 2-3 questions
RTGS related
Computer security related
Advantage of computerisation
Balance sheet
Prepaid expenses is what ...
Personal account
One more on real account based
Loan processing - 2 questions