Caiib IT elective

Caiib IT elective



Module A



1. With Information Technology we cannot achieve

a) Workforce flexibility

b) Distributed the wealth equally

c) Globalization

d) Reduce financial frauds



2. Meaning and impact of globalization



3. Generation of computers

 First Generation: High speed vacuum tube

Very small memory

Development of stored program



 Second generation: Germanium transistors

more reliable and faster

Much cheaper than tubes

Magnetic core storage and magnetic disk storage



 Third Generation: Silicon transistors

Integrated Circuits (ICs)

Switching speed and reliability increased

Semi-conductor Memory



 Fourth generation: Microprocessor chip

VLSI (Very Large Scale Integrated Circuits)

Computer networks and distributed computer systems

Highly portable and smaller in size due to improvements in speed, memory size, packing density of ICs



 Fifth generation: ULSI (Ultra Large Scale Integrated) chips

Artificial Intelligence



4. COBOL (Common Business Oriented Language) mainly used for business data processing (impt.)

5. FORTRAN used for scientific and engineering calculations (impt.)

6. Function of ALU ………… page 14-15

7. CPU consists of ….. page 14

8. Batch processing …. Page 18

9. Function of OLTP (On-Line Transaction Processing)…… page 20

10. Meaning of Grid computing, Real time system, cluster computing, cloud computing

11. Virtualizations of server’s means to run multiple operating systems on same physical servers.

12. Category of software with examples …. Page 35 36 (You will get 2 questions from this section)

13. Open Source Software with example

14. System software and application software examples

15. Unit 4: Networking System (You will get maximum questions from this unit, so concentrate on this chapter from module A)

16. Intranet

(i) Uses Internet-derived communication protocols (TCP/IP), networking and user interface.

(ii) Relatively cost efficient



17. In which types of cable composed of two or more copper wirestwisted around each other within a plastic sheath?

a) Coaxial cable

b) Twisted-pair cable

c) Optical fiber cable

d) None of the above



18. RJ-45 connectors is a type of

a) Coaxial cable

b) Twisted-pair cable

c) Optical fiber cable

d) None of the above



19. Cable used to where very large amount of data need to be transmitted on a regular basis____?

a) Coaxial cable

b) Twisted-pair cable

c) Optical fiber cable

d) None of the above

Module C



Chapter 8



Choose the odd one

a) SCORM

b) IEEE

c) IMS

d) AICC



Choose the correct flows of Instructional Design Process

a) Analyze-Develop-Design-Evaluate-Implement

b) Analyze-Design-Implement-Develop-Evaluate

c) Analyze-Develop-Design-Implement-Evaluate

d) Analyze-Design-Develop-Implement-Evaluate



Bloom’s taxonomy divides educational objectives into

a) 3 domains

b) 4 domains

c) 5 domains

d) 6 domains



A virtual classroom can help to

a) Save voice discussion and presentations.

b) Hold live ad-hoc learning discussions and study sessions.

c) Share the advantages of e-learning with the suppliers and strategic partners.

d) All of the above



Chapter 9



Score Banking System can manage multiple delivery channels through

a) API’s

b) Different servers

c) Different versions of CBS

d) None of the above



Data security includes

a) Transaction access of authorized users

b) Message validation

c) Transaction logging

d) All of the above



Chapter 10



In India, RTGS uses ______ message flow structure.

a) V-shaped

b) L-shaped

c) T-shaped

d) Y shaped



What is the name of the RTGS system that uses in the USA?

a) CHAPS

b) Fedwire

c) SIC

d) ELLIPS



What is the name of the RTGS system that uses in the UK?

a) CHAPS

b) Fedwire

c) SIC

d) ELLIPS



What is the name of the RTGS system that uses in the Belgium?

a) CHAPS

b) Fedwire

c) SIC

d) ELLIPS



Which message flow structure is generally incompatible with the basic principle of RTGS?

a) V-shaped

b) L-shaped

c) T-shaped

d) Y-shaped



Message flow structure in CHAPS is

a) L-shaped

b) V-shaped

c) T-shaped

d)None of the above



Chapter 11



The cards used while traveling that is on move are ________________ cards.

a) Debit Card

b) Credit Card

c) Magnetic Card

d) Contactless smart Card



Smartcards can hold up to _______________ of information.

a) 4 KB

b) 8 KB

c) 12 KB

d) 16 KB



The following is a re-loadable card

a) Credit Card

b) Smart Card

c) Magnetic Card

d) Debit Card



Chapter 12



CRM is the dimensions of the E-business, what is the use

You need to study this also

ITService Delivery & Support : Service level management practices, Operations management

- work load scheduling, network services management, Preventive maintenance, Systems

performance monitoring process tools, techniques, Functionality of hardware, software, data

base. Drafting of RFP, system specifications, SLAs, Capacity planning & monitoring, Change

management processes / scheduled, emergency in configuration of production systems,

application of patches, releases etc., Incident & problem management practices, System

resiliency tools and techniques - fault tolerance, elimination of single point of failure, clustering.





#CAIIB IT

Instructions and data can be stored in the memory of Computer for automatically directing the flow of operations. It is called _____ concept.

(A) Objective Programming

(B) Stored program

(C) Both (A) and (B)

(D) None of the Above

Answer

(B) Stored program

“Stored Program” concept was developed by ______

(A) Maurice Wilkes

(B) Von Neumann

(C) M.H.A. Newman

(D) None of the Above

Answer

(B) Von Neumann

Electronic Discrete Variable Automatic Computer(EDVAC) was designed on __________ concept.

(A) Objective Programming

(B) Stored program

(C) Both (A) and (B)

(D) None of the Above

Answer

(B) Stored program

Which of the following was a small experimental machine based on Neumann’s stored program concept?

(A) Analytical engine

(B) Pascaline

(C) Manchester Mark I

(D) None of the Above

Answer

Third Generation computers were based on _______

(A) IC

(B) Vacuum tube

(C) transistor

(D) None of the Above

Answer

In EDSAC, an addition operation was completed in _____ micro seconds.

(A) 4000

(B) 3000

(C) 2000

(D) 1500

Answer

(D) 1500

ULSI stands for______

(A) Ultra Large Scale Integration

(B) Ultimate Large Scale Integration

(C) Upper Large Scale Integration

(D) Ultra Large Script Integration

Answer

(A) Ultra Large Scale Integration

Which of the following is fourth generation computer?

(A) INTEL 4004

(B) IBM 360

(C) IBM 1401

(D) None of the Above

Answer

(A) INTEL 4004

IC is made up of _________

(A) microprocessor

(B) vacuum tube

(C) transistor

(D) None of the Above

Answer

(C) transistor

Father of modern computer______

(A) Charles Babbage

(B) Alan Turing

(C) Ted Hoff

(D) None of the Above

Answer

(B) Alan Turing





1-1 Computer Network is

A. Collection of hardware components and computers

B. Interconnected by communication channels

C. Sharing of resources and information

D. All of the Above

1-2 What is a Firewall in Computer Network?

A. The physical boundary of Network

B. An operating System of Computer Network

C. A system designed to prevent unauthorized access

D. A web browsing Software

1-3 How many layers does OSI Reference Model has?

A. 4

B. 5

C. 6

D. 7

1-4 DHCP is the abbreviation of

A. Dynamic Host Control Protocol

B. Dynamic Host Configuration Protocol

C. Dynamic Hyper Control Protocol

D. Dynamic Hyper Configuration Protocol

1-5 IPV4 Address is

A. 8 bit

B. 16 bit

C. 32 bit

D. 64 bit

1-6 DNS is the abbreviation of

A. Dynamic Name System

B. Dynamic Network System

C. Domain Name System

D. Domain Network Service

1-7 What is the meaning of Bandwidth in Network?

A. Transmission capacity of a communication channels

B. Connected Computers in the Network

C. Class of IP used in Network

D. None of Above

1-8 ADSL is the abbreviation of

A. Asymmetric Dual Subscriber Line

B. Asymmetric Digital System Line

C. Asymmetric Dual System Line

D. Asymmetric Digital Subscriber Line

1-9 What is the use of Bridge in Network?

A. to connect LANs

B. to separate LANs

C. to control Network Speed

D. All of the above

1-10 Router operates in which layer of OSI Reference Model?

A. Layer 1 (Physical Layer)

B. Layer 3 (Network Layer)

C. Layer 4 (Transport Layer)

D. Layer 7 (Application Layer)

2

2-1 Each IP packet must contain

A. Only Source address

B. Only Destination address

C. Source and Destination address

D. Source or Destination address

2-2 Bridge works in which layer of the OSI model?

A. Appliation layer

B. Transport layer

C. Network layer

D. Datalink layer

2-3 _______ provides a connection-oriented reliable service for sending messages

A. TCP

B. IP

C. UDP

D. All of the above

2-4 Which layers of the OSI model are host-to-host layers?

A. Transport, Session, Persentation, Application

B. Network, Transport, Session, Presentation

C. Datalink, Network, Transport, Session

D. Physical, Datalink, Network, Transport

2-5 Which of the following IP address class is Multicast

A. Class A

B. Class B

C. Class C

D. Class D

2-6 Which of the following is correct regarding Class B Address of IP address

A. Network bit – 14, Host bit – 16

B. Network bit – 16, Host bit – 14

C. Network bit – 18, Host bit – 16

D. Network bit – 12, Host bit – 14

2-7 The last address of IP address represents

A. Unicast address

B. Network address

C. Broadcast address

D. None of above

2-8 How many bits are there in the Ethernet address?

A. 64 bits

B. 48 bits

C. 32 bits

D. 16 bits

2-9 How many layers are in the TCP/IP model?

A. 4 layers

B. 5 layers

C. 6 layers

D. 7 layers

2-10 Which of the following layer of OSI model also called end-to-end layer?

A. Presentation layer

B. Network layer

C. Session layer

D. Transport layer



3-1. Why IP Protocol is considered as unreliable?

A. A packet may be lost

B. Packets may arrive out of order

C. Duplicate packets may be generated

D. All of the above

3-2. What is the minimum header size of an IP packet?

A. 16 bytes

B. 10 bytes

C. 20 bytes

D. 32 bytes

3-3. Which of following provides reliable communication?

A. TCP

B. IP

C. UDP

D. All of the above

3-4. What is the address size of IPv6 ?

A. 32 bit

B. 64 bit

C. 128 bit

D. 256 bit

3-5. What is the size of Network bits & Host bits of Class A of IP address?

A. Network bits 7, Host bits 24

B. Network bits 8, Host bits 24

C. Network bits 7, Host bits 23

D. Network bits 8, Host bits 23

3-6. What does Router do in a network?

A. Forwards a packet to all outgoing links

B. Forwards a packet to the next free outgoing link

C. Determines on which outing link a packet is to be forwarded

D. Forwards a packet to all outgoing links except the originated link

3-7. The Internet is an example of

A. Cell switched network

B. circuit switched network

C. Packet switched network

D. All of above

3-8. What does protocol defines?

A. Protocol defines what data is communicated.

B. Protocol defines how data is communicated.

C. Protocol defines when data is communicated.

D. All of above

3-9. What is the uses of subnetting?

A. It divides one large network into several smaller ones

B. It divides network into network classes

C. It speeds up the speed of network

D. None of above

3-10. Repeater operates in which layer of the OSI model?

A. Physical layer

B. Data link layer

C. Network layer

D. Transport layer



4-1. What is the benefit of the Networking?

A. File Sharing

B. Easier access to Resources

C. Easier Backups

D. All of the Above

4-2. Which of the following is not the Networking Devices?

A. Gateways

B. Linux

C. Routers

D. Firewalls

4-3. What is the size of MAC Address?

A. 16-bits

B. 32-bits

C. 48-bits

D. 64-bits

4-4. Which of the following can be Software?

A. Routers

B. Firewalls

C. Gateway

D. Modems

4-5. What is the use of Ping command?

A. To test a device on the network is reachable

B. To test a hard disk fault

C. To test a bug in a Application

D. To test a Pinter Quality

4-6. MAC Address is the example of

A. Transport Layer

B. Data Link Layer

C. Application Layer

D. Physical Layer

4-7. Routing tables of a router keeps track of

A. MAC Address Assignments

B. Port Assignments to network devices

C. Distribute IP address to network devices

D. Routes to use for forwarding data to its destination

4-8. Layer-2 Switch is also called

A. Multiport Hub

B. Multiport Switch

C. Multiport Bridge

D. Multiport NIC

4-9. Difference between T568A and T568B is

A. Difference in wire color

B. Difference in number of wires

C. Just different length of wires

D. Just different manufacturer standards

4-10. The meaning of Straight-through Cable is

A. Four wire pairs connect to the same pin on each end

B. The cable Which Directly connects Computer to Computer

C. Four wire pairs not twisted with each other

D. The cable which is not twisted

For 4: 1 – D / 2 – B / 3 – C / 4 – B / 5 – A / 6 – B / 7 – D / 8 – C / 9 – D / 10 – A



5-1 Which of the following is not the External Security Threats?

A. Front-door Threats

B. Back-door Threats

C. Underground Threats

D. Denial of Service (DoS)

5-2 What is the Demilitarized Zone?

A. The area between firewall & connection to an external network

B. The area between ISP to Military area

C. The area surrounded by secured servers

D. The area surrounded by the Military

5-3 What is the full form of RAID ?

A. Redundant Array of Independent Disks

B. Redundant Array of Important Disks

C. Random Access of Independent Disks

D. Random Access of Important Disks

5-4 What is the maximum header size of an IP packet?

A. 32 bytes

B. 64 bytes

C. 30 bytes

D. 60 bytes

5-5 What is the size of Host bits in Class B of IP address?

A. 04

B. 08

C. 16

D. 32

5-6 What is the usable size of Network bits in Class B of IP address?

A. 04

B. 08

C. 14

D. 16

5-7 In which type of RAID, data is mirrored between two disks.

A. RAID 0

B. RAID 1

C. RAID 2

D. RAID 3

5-8 What do you mean by broadcasting in Networking?

A. It means addressing a packet to all machine

B. It means addressing a packet to some machine

C. It means addressing a packet to a particular machine

D. It means addressing a packet to except a particular machine

5-9 Which of the following is/are Protocols of Application?

A. FTP

B. DNS

C. Telnet

D. All of above

5-10 Which of the following protocol is/are defined in Transport layer?

A. FTP

B. TCP

C. UDP

D. B & C



6-1. What is the IP Address range of APIPA?

A. 169.254.0.1 to 169.254.0.254

B. 169.254.0.1 to 169.254.0.255

C. 169.254.0.1 to 169.254.255.254

D. 169.254.0.1 to 169.254.255.255

6-2. Which of the following is correct in VLSM?

A. Can have subnets of different sizes

B. Subnets must be in same size

C. No required of subnet

D. All of above

6-3. What does the port number in a TCP connection specify?

A. It specifies the communication process on the two end systems

B. It specifies the quality of the data & connection

C. It specify the size of data

D. All of the above

6-4. The class-based addressing is also known as

A. Modern Model

B. Classful Model

C. Classless Model

D. Heterogeneous Model

6-5. Which of the following is correct in CIDR?

A. Class A includes Class B network

B. There are only two networks

C. There are high & low class network

D. There is no concept of class A, B, C networks

6-6. What is the size of Source and Destination IP address in IP header?

A. 4 bits

B. 8 bits

C. 16 bits

D. 32 bits

6-7. Which of the following is reliable communication?

A. TCP

B. IP

C. UPD

D. All of them

6-8. What is the typical range of Ephemeral ports?

A. 1 to 80

B. 1 to 1024

C. 80 to 8080

D. 1024 to 65535

6-9. What is the purpose of the PSH flag in the TCP header?

A. Typically used to indicate end of message

B. Typically used to indicate beginning of message

C. Typically used to push the message

D. Typically used to indicate stop the message

6-10. What is the natural mask for a class C Network?

A. 255.255.255.1

B. 255.255.255.0

C. 255.255.255.254

D. 255.255.255.255





……………







Regression testing is a major part of which of the life cycle?

a) Waterfall model

b) V model

c) Iterative model…..

d) All of the above

Caiib risk management recollected on 16.12.2018

Caiib Risk management recollected





Chief risk officer duty,reporting,appointmemt

Leverage ratio numerical

Operational risk

Pcr

Firb credit risk

Rsca operstional risk

Pilar 3 disclosure norms period

Rwas calculation



Numerical from BVP was also there,

Ques Obejective from PD ,EAD ,LGD

Market credit and operational risk theory based,





Which method we use for calculation of capital for credit operational and market risk

Case beta factor for agency services,

Icaap come under which piller,

CRO function

Reputation risk systematic risk come under

Current affair s on 15.06.2019

Today's Headlines from www:

*Economic Times*

📝 Exports up 3.93% in May; trade deficit widens to $15.36 bn

📝 CIL to offer 21.5% more coal to power generators through forward e-auctions

📝 Nasscom seeks incentives for investment in R&D, talent development

📝 Graphite India seeks nod to raise Rs 5,000 crore

📝 M&M picks up 11.25% in Swiss Agri-tech firm Gamaya

📝 ITC earns Rs 4,673 crore in foreign exchange in 2018-19

📝 REC eyes over 10% growth in revenue at Rs 28,000 crore this fiscal

📝 IFFCO FY19 net profit down 10% at Rs 841 cr, turnover up 34% at Rs 27,852 cr

📝 Delayed monsoon slows Kharif sowing

📝 Tata Communications data centre arm sells stake in Singapore unit

📝 France's Total close to buying 30% in Adani Gas for more than $800 million: Report

*Business Standard*

📝 India responds to Trump moves at last with tariff hikes on 29 US products

📝 Tata Capital Financial to raise $1.5 billion overseas to settle old loans

📝 Automobile sales drop 7.5% YoY in May 2019, two-wheeler worst hit: FADA

📝 Volkswagen to rationalise dealer network, tap smaller towns for growth

📝 Hexaware buys Mobiquity for $182 million, to absorb all employees

📝 Tata Power's arm CGPL raises Rs 1,110 cr via NCDs for refinancing debt

📝 Trade deficit at 6-month high of $15.4 bn over increasing oil, gold imports

📝 Wholesale inflation at 2-year low of 2.45%; food inflation eases to 6.99%

📝 IEA cuts 2019 oil demand growth to 1.2 mn barrels on global trade worries

📝 TMFL to raise Rs 1,000 cr in debt capital to enhance capital adequacy

*Financial Express*

📝 Debt mutual funds’ exposure to NBFCs down at Rs 2.24 lakh crore

📝 Avenue Supermarts pins hope on e-commerce model

📝 E-commerce drives warehouse leasing to grow over 45% in 2018: Report

📝 Petroleum PSUs ask for amendment to EV charging guidelines

📝 WeWork to buy majority stake in India affiliate for $2.75 billion as former gears for IPO

📝 Amazon US online market share estimate cut to 38% from 47%

📝 Apple market value may hit $1 trillion again on trade deal

📝 Adani Green Energy raises Rs 402 crore through offer for sale

*Mint*

📝 US-based GIP in talks to buy Engie’s Indian solar power business

📝 RBI asks banks to grout ATMs to wall, pill or floor to enhance security

📝 Forex reserves nearing lifetime high; up $1.7 billion to $423.5 billion

📝 Promoters of NDTV restrained from accessing securities market for 2 years: Sebi

📝 We will leave EU by 31 October, Boris Johnson vows in pitch to be UK PM

📝 India to become $5 trillion economy by 2024: Hardeep Singh Puri

📝 PM likely to meet FinMin officials, to discuss road map for boosting growth

📝 True wireless earphones market reaches 17.5mn in Q1 2019.

Securitization

SECURITISATION

Securitisation - Concept

Securitization is a method through which illiquid assets are transformed into more liquid form, which are distributed to a broad

range of investors through the medium of capital market.

It is the process of converting illiquid financial assets into liquid marketable securities through an intermediary called special

purpose vehicle.

Through the securitisation process, the assets are removed from the balance sheet and the funds generated through

securitisation can be ploughed back for further asset expansion.

The Special Purpose Vehicle converts assets into securities called as 'Pass Through Certificates' and sell them to the buyers who may require that

particular asset class as a requirement or investment.

Since these certificates are backed by assets, they are also called asset backed securities (ABS).

If assets which have underlying mortgages are secuiritised, they are called as "Mortgage Based Securitisation".

Securitisation is the process of pooling of individual long term loans which are packaged and sold to various investors in the form of Pass Through

Certificates (marketable securities) through a Special Purpose Vehicle with the provision that the inflow of cash in the form of recoveries will

be distributed pro rata to the buyers.

The advantage of securitisation is that the receivables are removed from the books as they have been sold but the transaction does not create a

liability in the balance-sheet. Thus, securitisation helps in asset-liability management and also in capital adequacy.

Securitisation is a structured process and effected only for standard assets and rated by the rating agencies.

Securitisation Process

The lender first selects the assets they want to securitise.

The issuer (Special Purpose Vehicle) makes payment to the lender for the loans securitised.

The assets are converted into a pool of securities by the issuer for the purpose of issuing Pass Through Certificate (PTC).

The PTCs are sold to other investors who are willing to invest.

The lender continues to receive the recoveries from the original borrowers and the same are passed on to the SPV

The SPV in turn passes the recoveries to the investors.

Securitisation in Retail Banking:

In Retail banking, there is a concept called Collateral Debt Obligation (CDO). In CDO, asset classes/receivables like Car Loans, Credit Card

Receivables and Mortgage Loans like Home Loans, are grouped together and securitised. Multiple layers of PTCs with varying rates and coupons

are issued based on the quality of assets and risk perceptions underlying in the asset.

Caiib retail AEPS

Retail Banking






AADHAAR ENABLED PAYMENT SYSTEM (AEPS)






Benefits and Charges






Aadhaar Enabled Payment System is a way to get money from the
bank account. This system of getting money neither requires your signature nor
Debit card. You don’t even need to visit a bank branch for getting money
through the Aadhaar Enabled Payment System. Rather, it uses Aadhaar data for
the authentication. Like UPI and USSD, this is another initiative by the NPCI.






Benefits of Aadhaar Enabled Payment System






✅You can perform
financial and non-financial transaction through the banking correspondent.






✅A banking
correspondent of any bank can do the specified transaction of any bank.






✅There is no
need of signature or debit card.






✅It is fast and
secure. No one can forge your fingerprint.






✅Banking
correspondent can reach to the distant rural place with the micro POS.

✅ Transactions
Through the AEPS

✅ The Aadhaar
Enabled Payment System gives you banking facility on the go. However, it gives
you only basic services.






These 4 services can be done through the AEPS.

✅Balance Check






✅Cash Deposit






✅Cash Withdrawal






✅Aadhaar to
Aadhaar Fund Transfer






Except Fund transfer, you can perform all the transactions
through the banking correspondent of any bank. For fund transfer, you need the
BC of your own bank.

Requirements for AEPS






Through the Aadhaar Enabled Payment System, you can get money
without producing any paper or card. However, your Aadhaar number should be
registered with your bank account. If you did not linked your Aadhaar with a
bank account the Aadhaar Enabled Payment System would not be useful to you. For
AEPS transaction, you need following information.






a) Aadhaar Number






b) Bank IIN or Name






c) Fingerprint






It means, you have to only remember your Aadhaar number to do
the bank transaction. It is just like remembering own mobile number.






Aadhaar for Authentication






Remember, at the time of Aadhaar enrolment, your fingerprints
and iris image were taken. These biometric data gets linked to the given
Aadhaar number. These biometric data is unique to a person. No two person have
the same iris image or fingerprints. Thus, your Aadhaar number can be verified
by your finger prints. This biometric authentication makes Aadhaar the perfect
proof for the banking transactions. Indeed, it has replaced the signature.






Working

Suppose, you claim to be Vijay and produce the Aadhaar number of
Vijay. To verify it, bank official would take your fingerprints in a machine.
The machine gives the fingerprint details to Aadhaar Payment app. The app
immediately tallies your fingerprints with the fingerprints of the given
Aadhaar. If it matches, the system would permit for the transaction. In case of
mismatch, the system would not do any transaction.






Aadhaar Enabled Payment System Works






It surprising that only through the Aadhaar number you can
access your bank account. But it is possible because the Aadhaar is linked to
your bank account. This linking leads you to your bank account. The fingerprint
is authenticated by the UIDAI. In response to a transaction, UIDAI tells to the
bank about the authenticity of the user. Once, UIDAI authenticates, the bank
gives green signal to the transaction.






Thus, in the Aadhaar Enabled Payment System 6 institutions are
involved.

✅You, the bank
customer

✅Banking
correspondent – The facilitator of AEPS

✅The bank of BC
– The bank to which banking correspondent is attached

✅Your Bank – the
bank with which you held the bank account

✅NPCI – It does
switching, clearing and settlement of transactions

✅UIDAI – For
finger-print authentication






Charges of AEPS






Unlike UPI, the AEPS is a relatively costly transaction. It can
go up to Rs 15 for one transaction. On the other hand UPI charge is free to
nominal. For AEPS, three institution involved can charge fees. UIDAI may charge
a nominal fees for authentication, however it is not charging yet. The NPCI
charges 10 paise for authentication and 25 paise for settlement. The bank can
charge 1% of the transaction value if it is related to other bank. The minimum
fess for other bank transaction would be Rs 5 and maximum fees would be Rs 15.






AEPS may be costly than UPI and USSD but it gives a lot of
convenience to the rural people. It would bring bank to their doorstep and save
much time and transport expense. It would be just like a visit of ATM at every
doorstep. That is why government calls the POS as micro AT

Retail banking

Retail Banking

Classification of PPIs

PPIs are usually classified into 5 categories as follows:

i) Closed System Payment Instruments:
They are usually issued by businesses/organizations for buying their own products or services only. •These instruments do not permit cash withdrawal. E.g. - Delhi Metro Prepaid card - these can be used for their respective establishments only.

ii) Semi-Closed System Payment Instruments:
These are redeemable at a group of clearly identified establishments or stores who enter into a contract with the issuer to accept that as a payment instrument. It does not permit cash withdrawal. E.g. Sodexo cards are redeemable at designated stores only.

iii) Semi-Open System Payment Instruments:
These payment instruments can be used at any card accepting point of sale terminals for purchase of goods and services. It does not permit cash withdrawals. E.g. Gift cards

iv) Open System Payment Instruments:
They can be used for purchasing goods and services and provide theoption of cash withdrawal as well from ATMs.E.g. Debit cards, Credit cards.

v) Mobile Prepaid Instruments:
The value of talk time issued by mobile service provider can also be used to avail other 'value added services' from them. E.g. You can use 'Airtel Money' balance to avail caller tune benefits or other packs from Airtel.

caiib IT

CAIIB IT Recollected

Questions asked in Morning Shift:
1. SDLC phase and definition
2. Normalization definition
3. Threats and attacks in network.
4.Routers/Switch/Firewall
5. Honey Pot
6. Biometrics.
7. Disaster avoidance.
8. Phases of CMM.
9. SQL query commands.
10. DDL/DML
11. NEFT/RTGS/FEDWIRE
12.SLA Negotiation
13. Purging of data.
14. Artificial Intelligence
15. Spamming/Eavesdropping/Phishing
16.Digital Signature
17. IDEA encryption
18. RAID
19.Generalized Audit Software
20. Virtual Classroom concept
21. Web SAFARI
22. Strategic Information
23. Fibre Optic cables.
24. Blooms Taxonomy
25. OLAP
26.Deferred Payment System
27.SFMS
28. Floor Limit ??
29. Software Escrow Management?
30. Types of cards?
31. Call Centre Benchmarks?
32. Hash Function used in Digital Signature?
33. SCORM benifit?
34. Characteristics of BHIM ?

35. Rupay Cards used in ?

CAIIB RETAIL:

CAIIB RETAIL:

Reverse Mortgage (RML) Numerical Questions to Calculate Annual Installment:

Value of the property - Rs. 50,00,000

Loan Amount - 80%

Loan Tenor - 15 yea rs

Rate of interest - 10%

Calculate Annual Installment

a. 125895

b. 125985

c. 128595

d. 129585

Ans - a

Here,

PV = 5000000

LTVR = 80/100 = 0.8

n = 15 = 180

I = 10/100) = 0.1

= (5000000*0.8*0.1)/((1+0.1)^15-1)

= Rs. 125895

So, the Annual installment = Rs. 1,25,895

CAIIB RETAIL::

CAIIB RETAIL::

Reverse Mortgage (RML) Numerical Questions :

Value of the property - Rs. 50,00,000

Loan Amount - 80%

Loan Tenor - 15 yea rs

Rate of interest - 10%

Calculate Monthly Installment

a. 9156

b. 9651

c. 9516

d. 9165

Ans - b

Here,

PV = 5000000

LTVR = 80/100 = 0.8

n = 15 * 12 = 180

I = 10/(12*100) = 10/1200 = 0.008333

= (5000000*0.8*0.008333)/((1+0.008333)^180-1)

= Rs. 9651

So, the Monthly installment = Rs. 9651

CAIIB – RETAIL BANKING (SHORT NOTES)

CAIIB-RETAIL BANKING-Re-Collected Questions from Previous
Exams - June 2014
1. Calculate Min. Amt. Due for dues of credit card
Finance Charges - Applicable in the event of the card member deposits part of the Total
Payment or the Minimum Amount Due. The amount attracts finance charges on entire
outstanding including fresh purchases and other bank charges till the date of full and
final payment.
Finance charges are calculated on a daily basis at the end of every day based on the
current outstanding balance of the customer.
Illustration:
• Balance outstanding as on the statement date - Rs.20000
• Balance is not paid on the due date.
• Interest - 3.5% per month
• Daily Interest Charge for the above balance is
= 20000 x (3.5% x 12 months)/365 = Rs.23.01
• Total interest payable by the next statement cycle (after 30 days)
= Rs.23.01 x 30 = Rs.690.41 + Service Tax
(ii) Minimum Amount Due - Minimum Amount Due (MAD) is calculated by adding New
Debits for the month, previously unpaid payments and other charges. Minimum amount
also includes the amount by which the card holder exceeded the card limit.
Minimum Amount Due every month shall be higher of the following:
(a) 5% of the statement outstanding or
(b) Sum total of all installments billed, interest, fees, other charges, amount that is over
limit and 1 % of the principal or
(c) Rs.250/-. In case of default or if the statement balance is less than Rs.250/-. the
entire outstanding amount has to be paid.
-------------------------------------
2. Documents/Eligibility for Home Loans/other loans - Unit 7 (Go thru book for details)
3. Maslow Theory -....need arises at which level- pg 43 (Go thru book for details)
4. Product Life Cycle - pg 51 (Go thru book for details)
(i) Introduction
(ii) Growth
(iii) Maturity
(iv) Staleness or saturation
(v) Decline
5. Stages in new product development - pg 60 (Go thru book for details)
(i) Generating new product ideas
(ii) Idea screening
(iii) Concept Testing
(iv) Business analysis and Market analysis
(v) Actual product development, test marketing and commercialisation
6. DSA & CRM related ques - pg 149 & 155 (Go thru book for details)
7. Wealth Management - pg 184 & 223 (Go thru Last Minute Revision Page and book for
details)
8. Calculation of EMI - pg 207 (Go thru Last Minute Revision Page and book for details)
9. In PROPAGATE model, what does E stands for ? - pg 218
Banks selling mutual fund schemes should clearly understand the implications mentioned
in the following model called as PROPAGATE
Model for distribution. PROPAGATE model refers to :
P - Product
R - Risk
O - Opportunities (Returns)
P - People
A - Appetite
G - Geography (Place)
A - Attributes
T - Training
E - Education
10. Al types of Mortgage related ques - pg 248 (Go thru Last Minute Revision Page and
book for details)
11. Numerical from Capital Gain - pg 288 (Go thru Last Minute Revision Page and book
for details)
12. Depreciation from WDV Method - pg 304 (Go thru Last Minute Revision Page and
book for details)
13. Age related ques from Reverse Mortgage - pg 308 (Go thru Last Minute Revision
Page and book for details)
14. Which method of Valuation is preferred for agri/urban land? Pg 298 (Go thru Last
Minute Revision Page and book for details)
15. Classification of Business Process Structure in Retail Banking -pg 27 & 28
(i) Horizontally Organised Model
(ii) Vertically Organised Model
(iii) Predominantly Vertically Organised Model
(iv) Predominantly Horizontally Organised Model
CAIIB-RETAIL BANKING-Re-Collected Questions from Previous
Exams - June 2015
I got all these questions collected from our members. I could not go through
and post the answers. I request members to update themselves with the
answers from book, net or other sources. And if possible post the answers for
whichever questions you can get, on our FB group which will mutuaslly help
everyone.
One question from fd above 1 crore
How many neft settlements in a day?
Tax benefit in Home loan
Credit card cycle
NEFT/RTGS max n min limit
Basic diff.b/w rtgs n neft
Benefit of pvt. Banking
Wealth mgmt for corporates
Education loan repayment/defaults
EMI
Income tax
Rule 72
Essence of crm
Bharat bill paymnt systm
Priority of charge in mortgage
Brown label atm
Purpose of securitisation
Conditions for pension fund mgmt
Mutual fund conditions for bank
Approval for insurance
Propagate model
7Ps
ATM transactions in metro cities
SARFAESI
DRT
internet banking
Mobile banking
Full form of CDO
Product meaning??
Airline company used which model..SBU..INTEGRATED MODEL???
RUPAY card is issued by NPCI
Case study related to Internet banking 5 questions
Case study related to credit card charges and other
Register mortgage date and deposit of title deed
Implementation model related
WRBR.. Full form??
Date of execution of documents.. 4 months
Augmented product...
Expected product...
Under NEFT, number of settlement on week days are..12
RTGS minimum and maximum amout...
Disadvantages of Retail banking...
Mobile banking maximum amout per txn and monthly threshold related 5 questions
IFSC CODE TOTAL ALPHA..and numerics
SFMS
1) Internet Banking- strategy adaptation
2) Depreciation by both methods
3) Capital gain
4) Annuity
5) FSI Calculations
1. 2 Case studies on priority charge on mortgage
2. Problem on depreciation(By WDV)... eg. Wht will be the book value after 3 years?
3. Calculating future value
4. Diff between NEFT and RTGS
5. Questions on DSA
6. Case study on tax exemptions ( both interest and principal repayment)?
7. Prob on Depriciation by straight through method?
8. Wht does securitisation means?
9. Risk involved with DSA?
10. Questions on Potential product PROPAGATE?
11. EMI Calculation
12. Questions on vertical, horizantal model
13. How Many NEFT settlement on weekdays and saturday
14. How many characters in UTR?
15. Question on WRBR
16. Case study on education loan... all the fig are given ( eg. Hostel fee, tution fee, other
expenses and bank margin).... we have to calculate max permissible bank loan
17. One critical case study on credit card... credit card limt, free int period, int rate, over
limit penalty, due date and purchase date are given...
We have to calculate int chraged
a. if the customer pays the amt due after 18 days from due date
b. If he pays half amt before due date then calculate int charged for remaining amt on a
particular date?
C. If the amt crosses the limit then calculate the amt he has to pay
18. If we allow overdraft in CC a/c and the customer does not repay it, then can we
approach DRT ? There are four options and we have to choose the correct one
CAIIB-RETAIL BANKING-LAST MINUTE REVISION-CASE STUDIES
EMI CALCULATION FORMULA
EMI= P x r x (1 + r)^n / ((1+r)^n -1)
Here
p = principal amount (loan taken)
r = interest rate per month (ex: if interest rate per annum is 10% then 10/(12*100))
n= tenure in months
...............................................
EMI examples,
If the Loan taken = 1,00,000 at the rate of 12% interest for the period of 2 Years. Then,
EMI will be,
p = Loan taken = 1,00,000
r = interest rate per month = 1% = 0.01
n= tenure in months = 2 Years = 24 months
EMI
= 100000*0.01*(1+0.01)^24 /((1+0.01)^24 -1)
= Rs. 4707
...............................................
If the Loan taken Rs 1 Lakh at 11 percent per annum, repayable in 15 years, the EMI will
be :
Here,
p = Loan taken = 1,00,000
r = interest rate per month = 0.11/12 = 0.00916
n = tenure in months = 15 Years = 180 months
EMI
= (100000 x .00916) x ((1+.00916)^180 ) / ([(1+.00916)^180] – 1)
= 916 X (5.161846 / 4.161846)
= Rs. 1,136
...............................................
Calculate the EMI for a loan of Rs. 10,00,000 @ interest rate of 9 per cent p.a. for 15
years.
p = Loan taken = Rs. 10,00,000
r = interest rate per month = 0.09/12 = 0.0075
n = tenure in months = 15 years = 180 months
EMI
= ((10,00,000 x 0.0075) x (10.0075)^180) / ([(1+0.0075)^180]-1 )
= Rs. 10,142.67
CAIIB-RETAIL BANKING-LAST MINUTE REVISION-CASE STUDIES
Formula to Calculate the Periodic Payments under Reverse Mortgage - RML
The formula to calculate the periodic payments, as available in the website of NHB, is as
under:
Installment Amount = (PV*LTVR*I)/ ((1+I)n-1)
Where, PV = Property Value;
LTVR = LTV Ratio;
n = No. of Installment Payments;
I = the value of I will depend on Disbursement Frequency selected.
Example
Value of the property - Rs. 50,00,000
Loan Amount - 90%
Loan Tenor - 15 years
Rate of interest - 10.50%
Monthly installment - Rs. 10,368
Quarterly installment - Rs. 31,638
Yearly installment - Rs. 1,36,116
...............................................
Reverse Mortgage (RML) Numerical Questions :
Value of the property - Rs. 50,00,000
Loan Amount - 80%
Loan Tenor - 15 years
Rate of interest - 10%
Calculate Monthly Installment
Here,
PV = 5000000
LTVR = 80/100 = 0.8
n = 15 * 12 = 180
I = 10/(12*100) = 10/1200 = 0.008333
= (5000000*0.8*0.008333)/((1+0.008333)^180-1)
= Rs. 9651
So, the Monthly installment = Rs. 9651
...............................................
Reverse Mortgage (RML) Numerical Questions to Calculate Quarterly installment:
Value of the property - Rs. 50,00,000
Loan Amount - 80%
Loan Tenor - 15 years
Rate of interest - 10%
Calculate Quarterly installment
Here,
PV = 5000000
LTVR = 80/100 = 0.8
n = 15 * 4 = 60
I = 10/(4*100) = 10/400 = 0.025
= (5000000*0.8*0.025)/((1+0.025)^60-1)
= Rs. 9651
So, the Quarterly installment = Rs. 29,414
...............................................
Reverse Mortgage (RML) Numerical Questions to Calculate Annual Installment:
Value of the property - Rs. 50,00,000
Loan Amount - 80%
Loan Tenor - 15 years
Rate of interest - 10%
Calculate Annual Installment
Here,
PV = 5000000
LTVR = 80/100 = 0.8
n = 15 = 180
I = 10/100) = 0.1
= (5000000*0.8*0.1)/((1+0.1)^15-1)
= Rs. 125895
So, the Annual installment = Rs. 1,25,895
CAIIB-RETAIL BANKING-LAST MINUTE REVISION-CASE STUDIES
A company wants to set up a sinking fund for the repayment of a loan of Rs. 10 Crores
at the end of four years. It makes equal deposits at the end of each month into a fund
that earns interest at 12% per year compounded monthly. Determine the size of each
deposit.
Also construct a sinking fund schedule(the first three months only).
Solution :
Loan is 10 Crores to be repaid at the end of 4 years.
Monthly deposits are made.
Interest rate is 12% per year compounded monthly.
This is a Payment for a Future Value type problem.
PAYMENT FOR A FUTURE VALUE EQUATION
PMT(FV) = ( FV / (((1+i)^n - 1) / i) )
PMT = Payment per Time Period
FV = Future Value
i = Interest Rate per Time Period
n = Number of Time Periods
FV = Rs. 10,00,00,000
i = 0.12 / 12 = 0.01
n = 12*4 = 48
Intermediate calculations would be:
(1.01)^48 - 1 = 1.612226078 - 1 = 0.612226078
So,
PMT = 10,00,00,000 / (0.612226078/.01) which would become:
PMT = Rs. 16,33,383.54
Also, sinking fund schedule for the first three months are :
End of month 1 = Rs. 16,33,383.54
End of month 2 = Rs. 16,33,383.54 * (1+i) = 16,49,717.378 + p = 32,83,100.92
End of month 3 = Rs. 32,83,100.92 * (1+i) = 33,15,931.929 + p = 49,49,315.47
This may not be so much important for the exam point of view. Still, no harm in getting
familiarised.
........................................................
A company wants to set up a sinking fund for the repayment of a loan of Rs. 10 Crores
at the end of four years. It makes equal deposits at the end of each month into a fund
that earns interest at 12% per year compounded monthly. Determine the size of each
deposit.
Solution :
Loan is 10 Crores to be repaid at the end of 4 years.
Monthly deposits are made.
Interest rate is 12% per year compounded monthly.
This is a Payment for a Future Value type problem.
PAYMENT FOR A FUTURE VALUE EQUATION
PMT(FV) = ( FV / (((1+i)^n - 1) / i) )
PMT = Payment per Time Period
FV = Future Value
i = Interest Rate per Time Period
n = Number of Time Periods
FV = Rs. 10,00,00,000
i = 0.12 / 12 = 0.01
n = 12*4 = 48
Intermediate calculations would be:
(1.01)^48 - 1 = 1.612226078 - 1 = 0.612226078
So,
PMT = 10,00,00,000 / (0.612226078/.01) which would become:
PMT = Rs. 16,33,383.54
CAIIB-RETAIL BANKING-LAST MINUTE REVISION-CASE STUDIES
Case Studies on Capital Gains
-----------------------------------
Purchase Price - Rs. 1000000
Year of Purchase - 1995
Sale Price - Rs. 2500000
Year of Sale - 2008
Cost Inflation Index (CII) - Purchase - 281
Cost Inflation Index (CII) - Sale - 582
Calculate
Indexed Purchase Price
Capital Gain
Tax with Indexation (20%)
Tax without Indexation (10%)
capital gain =sale price-(purchase price*(cii sale/cii price))
=2500000-(1000000*(582/281))
=428825.7
Tax without indexation=1500000 × .10
Tax with indexation=428826.6 × .20
...............................................
Long Term Capital Gain
Cost of purchasing a property in April 2007 - Rs 35,00,000
Cost of selling the property in May 2011 - Rs 50,00,000
Inflation Index- 2007-2008 - 551
2011-2012 - 785
Indexed Purchase Cost - 35,00,000 x 785/551= Rs 49,86,388
Long Term Capital Gains = 50,00,000-49,86,388 = Rs 13612*
Tax on LTCG= 13612 x 20%= Rs 2722
Education Cess= 2722 x 3% = Rs 82
Total Tax on LTCG = Rs 2804
*The non-indexed gain would have been Rs 15 lakh
Thus, the indexation benefit reduces the tax liability substantially which otherwise would
have been a huge payout for any investor.
...............................................
This is how short-term capital gains are calculated:
Cost of Equity Mutual Funds units bought in 2011 - Rs 100,000
Price of same units sold after 6 months - Rs 120,000
Short Term Capital Gains - Rs 20,000
Tax Applicable - 20,000 x 15%= Rs 3000
Education Cess - 3000 x 3%=Rs 90
Total Tax payable = Rs 3090
CAIIB-RETAIL BANKING-LAST MINUTE REVISION-CASE STUDIES
An individual took a loan of Rs. 10.00 Lakhs for purchasing a plot of land during F.Y.
2014-15 & has paid around Rs. 1,10,000 towards Interest & around Rs. 57,000 towards
principal during F.Y. 2015-16. He has not made any other contribution under Sections
80C, 80CCC, or 80CCD. He will be able to claim deduction of Rs.......... towards principal.
a. Rs. 1,50,000
b. Rs. 1,10,000
c. Rs. 57,000
d. Rs. 0
Ans - d
No tax benefit is available for purchasing of plot of land.
Ref - Page No 274, 2nd paragraph.
...............................................
Avichal Publishers buy a machine for Rs 20000. The rate of depreciation is 10%. Find the
depreciated value of the machine after 3 years. Also find the amount of depreciation.
What is the average rate of depreciation?
Solution
Original value of machine = Rs 20000,
Rate of depreciation, i = 10%
Hence the book value after 3 years = 20000
= 20000 (0·9)^3
= 20000 (0·729)
= Rs. 14580
Amount of depreciation in 3 years = Rs 20000 - Rs 14580 = Rs 5420
Average rate of depreciation in 3 years
= (5420/20000) x (100/3) = 9·033%
...............................................
Mr X purchased a house property for Rs. 1,00,000 on 31st July 2001. He constructed 1st
Floor in March 2003 for Rs. 1,10,000. The house property was sold for Rs. 5,00,000 on
1st April 2005. The expenses incurred on transfer of asset is Rs. 10,000. Find the capital
gain.
[2000-01-index is 406 and 02-03 index is 447 and 05-06 Index is 497]
(a)2,40,238 (b)2,45,382 (c)2,45,283 (d)2,45,832
500000-10000-(100000x497/406)-(110000x497/447)=24528
Taxable long term capital gain = sales consideration-selling expenses-(indexd cost of
acquisition and improvement)-(Ded under 54 54B D G GA F EC)
...............................................
A capital equipment costing Rs. 200000 today has Rs. 50000 salvage value at the end of
5 yrs. If straight line depreciation method is used, what is the book value of the
equipment at the end of 2 years?
Straight line depreciation for each year = (200000 - 50000)/5 = 30000
So for two years total depreciation = 30000*2=60000
The book value of the equipment at the end of 2 years
= 200000 - 60000
= 140000
CAIIB-RETAIL BANKING-LAST MINUTE REVISION-CASE STUDIES
Mr. Raj has bought :
2000 units of a stock at Rs. 20 on 1 Jan 2013,
2000 more units at Rs. 30 on 1 May 2013
2000 more units at Rs. 40 on 1 December 2013
and sold
5000 units at Rs. 50 on 30 December 2014,
Should he go ahead with Indexed Capital Gains Tax or Non Indexed Capital Gains Tax to
save some Tax.
CII for 2012-13 = 852
CII for 2013-14 = 939
CII for 2014-15 = 1024
a. Indexed Capital Gains Tax
b. Non Indexed Capital Gains Tax
c. Both are same
d. None of the above
Ans - b
Solution :
Each purchase/sale transaction is matched on a First-In-First-Out basis.
All the units sold have been held for over one year, so long term capital gains tax
applies.
So here, out of the 5000 units sold, we have three separate pieces to be considered.
The First 2000 are matched to the first 2000 bought, appropriately indexed, gains
calculated and tax calculated.
Here you get two years of Indexation (2012-13 and 2014-15)
Indexed Purchase Price = 40,000 * (1024/852) = 48,075
Capital Gain = 100000 – 48075 = 51925
The non-indexed gain is Rs. (100000 - 40000) = Rs. 60000
Indexed Capital Gain: Rs. 51925
Non Indexed Capital Gain: Rs. 60000
The First 2000 are matched to the first 2000 bought, appropriately indexed, gains
calculated and tax calculated.
Here you get two years of Indexation (2013-14 and 2014-15)
Indexed Purchase Price = 60,000 * (1024/939) = 65431
Capital Gain = 100000 – 65431 = 34569
The non-indexed gain is Rs. (100000 - 60000) = Rs. 40000
Indexed Capital Gain: Rs. 34569
Non Indexed Capital Gain: Rs. 40000
The next 1000 units are sold at Rs. 50 and bought at Rs. 40, appropriately indexed,
gains calculated and tax calculated.
Here you get two years of Indexation (2013-14 and 2014-15)
Indexed Purchase Price = 40,000 * (1024/939) = 43620
Capital Gain = 50000 – 43620 = 6380
The non-indexed gain is Rs. (50000 - 40000) = Rs. 10000
Indexed Capital Gain: Rs. 6380
Non Indexed Capital Gain: Rs. 10000
So let’s add them all up.
Indexed
Total Capital Gain = 51925 + 34569 + 6380 = 92874
Capital Gains Tax Appl (%) = 20%
Capital Gains Tax = 18575
Non-Indexed
Total Capital Gain = 60000 + 40000 + 10000 = 110000
Capital Gains Tax Appl (%) = 10%
Capital Gains Tax = 11000
He should go ahead to choose the non-indexed option to save some tax of Rs. (18575 -
11000) = Rs. 7575/-.
CAIIB-RETAIL BANKING-LAST MINUTE REVISION-CASE STUDIES
Case Studies on EMI
--------------------------
Mr. Naveen borrowed an amount of Rs. 50000 for 8 years @ 18% roi. What shall be
monthly payment?
Explanation :
Here,
P = 50000
R = 18% = 18 % ÷ 12 = 0.015 monthly
T = 8 yrs = 96 months
EMI = P * R * [(1+R)^T/(1+R)^T-1)]
EMI = 50000 * 0.015 * 1.01596 ÷ (1.01596 – 1)
= 986
.............................................
A person raised a house loan of Rs. 10 lac @ 12% roi repayable in 10 years. Calculate
EMI.
Explanation :
Here,
P = 1000000
R = 12% monthly = 0.01% p.a.
T = 10 Y = 120 months
EMI = P * R * [(1+R)^T/(1+R)^T-1)]
So,
EMI = 1000000*0.01*(1+0.01)^120 ÷ {(1+0.01)^120 – 1}
= 14347
.............................................
If the sanctioned loan amount is Rs. 100000 at 12% interest for 2 years, calculate the
EMI.
Solution :
EMI= P x r x (1 + r)^n / ((1+r)^n -1)
Here p = principal amount (loan taken)
r = interest rate per month (ex: if interest rate per annum is 10% then 10/(12*100))
n= tenure in months
EMI = 100000*0.01*(1+0.01)^24 /((1+0.01)^24 -1) = 4707
Where,
p = loan taken = 1,00,000
r = interest rate per month = 1% = 0.01
n = tenure in months = 2 Years = 24 months
.............................................
Ajit wants to receive Rs. 40000 p.a. for 20 years by investing @ 5%. How much he will
have to invest now?
Explanation :
Here,
P = 40000
R = 5% p.a.
T = 20 yrs
PV = P / R * [(1+R)^T - 1]/(1+R)^T
PV = (40000 ÷ 0.05) * {(1.0520 – 1) ÷ 1.0520}
= 498489
CAIIB-RETAIL BANKING-LAST MINUTE REVISION-CASE STUDIES
Case Studies on Sinking Fund
------------------------------------
ABC company just issued 50 Lakhs Rs. 100-par bonds payable carrying 8% coupon rate
and maturing in 15 years. The bond indenture requires the company to set up a sinking
up to pay off the bond at the maturity date. Semi-annual payments are to be made to
the fund which is expected to earn 5% per annum. Find the amount of required periodic
contributions.
Solution
The future value required to be accumulated equals 50 Crores (50,00,000 × 100)
Since the payments are semi-annual, the periodic interest rate = 5% ÷ 2 = 2.5%
Number of periods = 2 × 15 = 30
Periodic Contribution to Sinking Fund
PMT(FV) = ( FV / (((1+i)^n - 1) / i) )
PMT = Payment per Time Period
FV = Future Value
i = Interest Rate per Time Period
n = Number of Time Periods
= (50,00,00,000 / (((1+0.025)^30 - 1) / 0.025)
= (50,00,00,000 / ((2.097567579 - 1) / 0.025)
= (50,00,00,000 / (1.097567579 / 0.025)
= (50,00,00,000 / 43.90270316)
= 1,13,88,820
So, ABC company must deposit Rs. 1,13,88,820 at the end of each 6 months for 15
years in order to accumulate enough money to pay off the bonds when they are due.
........................................................
A newly constructed building stands on a plot costing Rs. 100000.
The construction cost of building is Rs. 2000000 and the estimated life of building is 66
years.
The investor wants a 5% return on land cost and 8% return on the construction cost.
Calculate the annual rent to be charged if annual repairs cost 0.5% of cost of
construction and other outgoings equal 30% of gross rent.
The co-efficient for sinking fund at 3% for 66 years may be taken as 0.005.
Return on land cost = 5% of 100000 = 5000
Return on construction cost = 6% of 2000000 = 120000
Total Income desired = Rs. 125000 (a)
Let gross annual rental be 'r'
Outgoings:
Annual repairs = 0.5% of 2000000 = 10000
Other outgoings = 30% of r or 0.30 r
Amount towards sinking fund = 0.005 x 2000000 = 10000
Hence, net income = r - 0.30 r - 20000 (b)
Equating (a) and (b),
0.70r - 20000 = 125000
0.70r = 125000 - 20000
0.70r = 105000
r = 105000/0.70
= 12500
Hence, rent per month = Rs. 12500
CAIIB-RETAIL BANKING-LAST MINUTE REVISION-CASE STUDIES
Find out the encumbrance factor and value of the usable FSI from following particulars
of the property :
Land area - 533 Sq Sq m
Total built-up area - 205 Sq m
Permissible FSI - 1
Rate of construction cost - Rs. 5000 per Sq m
Rate of land cost - Rs. 2000 per Sq m
Desired rate of return - 9%
Usable carpet area - 155 Sq m
Monthly Rent on carpet area basis - Rs. 50 per Sq m
Usual outgoings - 1/6 of yield
Solution
Cost of construction = 205 x 5000 = 1025000
Cost of FSI used = 205 x 2000 = 410000
Total cost = 1435000
Desired Yield @ 9% = 1435000 x 0.09 =129150
Estimated Yield = 50 x 155 x 12 = 93000
Usual outgoings = 1/6 of yield = 93000/6 = 15500
Net annual yield = 77500
Hence, encumbrance factor = 77500/93000 = 0.833
Usable FSI = 533 - 205 = 328 Sq m
Value of usable FSI = 328 x 0.833 x 2000 = 546448
.............................................
Suppose that during the rent of a property the owner earns the income of 60000 on a
quarterly basis.
Set the value of this liability at the current moment;
in other words, determine the price of this property, if it was sold at the present moment
at the interest rate:
1) of 8% converted on a quarterly basis?
2) of 8% converted on an annual basis?
We have that
1) R = 60000;
i = 0.02;
A = 60000 / 0.02
= 3000000:
Thus, the market value of this property is 3000000.
2) In the case we have a complex annuity,
thus: R = 60000, i = 0.08, c = 0.25 Then
p = 1.08^0.25 - 1 = 0.0194265
A = 60000/0.0194265 = 3088557
In this case the value of this property is 3088557.
.............................................
The device, the cost of which is 120000, must be replaced after six years.
It is known that after six years the used equipment could be sold for 20000.
Set the value of the property at the present moment (capitalize the costs) if the interest
rate is 10%, which is converted once a
year?
We have that OV = 120000, the replacement costs R = 120000 - 20000 = 100000,
In addition,
i = 0.15;
c = 1/(1/6) = 6 and
p = 1.1^6 - 1 = 0.7716
Then
K = 120000 + (100000/0.7716)
= 249607.4
CAIIB-RETAIL BANKING-LAST MINUTE REVISION
How to compute long & short-term capital gains (update yourselves with latest
changes)
There are various asset classes such as equity, debt, gold and real estate in which you
invest according to the time horizon of your financial goals and risk appetite. The gains
from these investments are termed as capital gains and are taxed differently.
Since any tax liability impacts your returns from the investment, it's important to have
awareness on the net gains you will receive.
The capital gains from the above-mentioned asset classes are classified as long-term or
short-term gains, based on the holding period of investment. For example, in real estate,
if you have held the asset for more than 3 years, it is treated as long term.
Contrary to this, in equities investment for more than a year is treated as long term.
Long-term capital gains are usually taxed at a lower rate than regular income, which is
done to encourage entrepreneurship and also investment in the economy.
Here are some calculations to show how long-term and short-term capital gains are
derived and how can they help you in reducing your taxability:
1. Long-Term Capital Gains: A long-term capital gain arises when you hold any asset
for a defined period. This period ranges from one year to three years across different
asset classes. The table in the attached file shows the holding period for long-term gains
in various asset classes and the applicable tax rate.
*Education Cess of 3% is applicable on all tax rates
As can be inferred from the data, equities enjoy zero taxability on long-term capital gains
while in real estate or physical gold investment you have to pay a flat rate. "Due to these
variations, the post-tax returns from these asset classes can vary substantially. There are
provisions in income tax to reduce long-term capital gains (LTCG) through indexation or
save LTCG tax by investing the gain in other alternatives,"
Thus, apart from reducing your tax liability through the indexation benefit, the tax on
long-term capital gains can also be saved by investing these gains in specified securities
for a certain period of time.
Indexation Benefit: Inflation constantly erodes the real value of money through the rise
in prices. Due to this even if your investments have risen four times during a particular
period, the purchasing power of money might have went down by, say, 50% from the
time of your investment. "To reduce the impact of inflation on your investment,
indexation benefit is provided in calculating long-term capital gains. Through this benefit
you can adjust your capital gains from inflation by applying an appropriate factor from
cost inflation index to the original units,"
Here is how indexation benefits works:
Cost of purchasing a property in April 2007 - Rs 35,00,000
Cost of selling the property in May 2011 - Rs 50,00,000
Inflation Index- 2007-2008 - 551
2011-2012 - 785
Indexed Purchase Cost - 35,00,000 x 785/551= Rs 49,86,388
Long Term Capital Gains = 50,00,000-49,86,388 = Rs 13612*
Tax on LTCG= 13612 x 20%= Rs 2722
Education Cess= 2722 x 3% = Rs 82
Total Tax on LTCG = Rs 2804
*The non-indexed gain would have been Rs 15 lakh
Thus, the indexation benefit reduces the tax liability substantially which otherwise would
have been a huge payout for any investor.
2. Short-Term Capital Gains: Investment in any asset class, if held for a very short
period, is taxed as short-term capital gains. Except equity, short-term gains from other
assets are included in the investor's income and are taxed as per the slab rate. The data
in the attached file highlights the taxation structure in case of short-term capital gains.
*Education cess of 3% is applicable on all tax rates
This is how short-term capital gains are calculated:
Cost of Equity Mutual Funds units bought in 2011 - Rs 100,000
Price of same units sold after 6 months - Rs 120,000
Short Term Capital Gains - Rs 20,000
Tax Applicable - 20,000 x 15%= Rs 3000
Education Cess - 3000 x 3%=Rs 90
Total Tax payable = Rs 3090
It is clear, thus, that with complex capital gains tax structure, it's wise to first make
yourself aware of the net returns, i.e. post-tax returns, you will earn, whenever you
intend to make any investment. This will help you in analyzing the amount of wealth you
will create after paying your tax liabilities.
CAIIB-RETAIL BANKING-LAST MINUTE REVISION-CASE STUDIES
Difference between Written Down Value Method (WDV) and Straight Line
Method (SLN)
In Written Down Value (WDV) method depreciation is charged on the reuced price.
Example: Asset purchased for Rs. 100.00: Depreciation rate 10%. First year its value will
be reduced to 90.00 (100-10% of 100) and in second year depreciation will be Rs. 9.00 i
e 10% of 90. Similarly third year it will be Rs. 8.10. This way the value of asset never
comes at Zero.
In Straight Line Method (SLN) life of a asset is known then for the duration of life, every
year an equal sum is taken as depreciation. Example Asset purchased for Rs. 100.00,
Life ascertained 8 years and then every year a sum of Rs. 12.50 is charged to
Depreciation and after 8th year its book value will be zero.
WDV method is strongly recommended.
In Written Down Value Method, the rate of depreciation is predetermined. This is done
by deducting the amount of depreciation charged before from the balance of cost of
asset (Cost of Asset-Estimated Scrap Value). In simple words, in the first year the
amount of depreciation charged is high and it gradually starts decreasing during the
subsequent years.
The main benefit of this method is that it recognises this fact that in the initial phase of
an asset, costs of maintenance, repairs etc. are less which goes on increasing with the
progressing life of the asset. Thus, by charging higher amount of depreciation in the
initial years and gradually decreasing the amount of depreciation counterbalance both
the lower amount of repairs and maintenance cost in the initial years and the gradual
increase later on. It can be noted here that the written down value can never be zero.
CAIIB-RETAIL BANKING-LAST MINUTE REVISION
Formula to Calculate the Periodic Payments under RML
----------------------------------------------------------------
The formula to calculate the periodic payments, as available in the website of NHB, is as
under:
Installment Amount = (PV*LTVR*I)/ ((1+I)n-1) Where,
PV = Property Value;
LTVR = LTV Ratio;
n = No. of Installment Payments;
I = the value of I will depend on Disbursement Frequency selected.
A Hypothetical Example
Value of the property Rs. 50,00,000 Rs 50,00,000
Loan Amount 80% 90%
Loan Tenor 15 years 15 years
Rate of interest 10% 10.50%
Monthly installment Rs. 9651. Rs 10,368
Quarterly installment Rs. 29,414. Rs 31,638
Yearly installment Rs. 1,25, 895 Rs 1,36,116
.............................................
Sinking Fund
----------------
The sinking fund factor is the amount that accumulates to Re. 1 if invested at specified
rate of interest for certain number of years.
It can be obtained from Valuation Tables.
The factor for redemption of Re 1 at the end of 25 years @ 5% compound interest is
0.021 from the table (see Appendix given in book).
Thus the sinking fund for redeeming original capital of Rs. 15 lacs will be 15,00,000 x
0.021 = 315000.
…………………………………………………………………………………………

Securitization

SECURITISATION
Securitisation - Concept
Securitization is a method through which illiquid assets are transformed into more liquid form, which are distributed to a broad
range of investors through the medium of capital market.
It is the process of converting illiquid financial assets into liquid marketable securities through an intermediary called special
purpose vehicle.
Through the securitisation process, the assets are removed from the balance sheet and the funds generated through
securitisation can be ploughed back for further asset expansion.
The Special Purpose Vehicle converts assets into securities called as 'Pass Through Certificates' and sell them to the buyers who may require that
particular asset class as a requirement or investment.
Since these certificates are backed by assets, they are also called asset backed securities (ABS).
If assets which have underlying mortgages are secuiritised, they are called as "Mortgage Based Securitisation".
Securitisation is the process of pooling of individual long term loans which are packaged and sold to various investors in the form of Pass Through
Certificates (marketable securities) through a Special Purpose Vehicle with the provision that the inflow of cash in the form of recoveries will
be distributed pro rata to the buyers.
The advantage of securitisation is that the receivables are removed from the books as they have been sold but the transaction does not create a
liability in the balance-sheet. Thus, securitisation helps in asset-liability management and also in capital adequacy.
Securitisation is a structured process and effected only for standard assets and rated by the rating agencies.
Securitisation Process
The lender first selects the assets they want to securitise.
The issuer (Special Purpose Vehicle) makes payment to the lender for the loans securitised.
The assets are converted into a pool of securities by the issuer for the purpose of issuing Pass Through Certificate (PTC).
The PTCs are sold to other investors who are willing to invest.
The lender continues to receive the recoveries from the original borrowers and the same are passed on to the SPV
The SPV in turn passes the recoveries to the investors.
Securitisation in Retail Banking:
In Retail banking, there is a concept called Collateral Debt Obligation (CDO). In CDO, asset classes/receivables like Car Loans, Credit Card
Receivables and Mortgage Loans like Home Loans, are grouped together and securitised. Multiple layers of PTCs with varying rates and coupons
are issued based on the quality of assets and risk perceptions underlying in the asset.

Masala Bonds

 Masala Bonds
The term is used to refer to rupee-denominated borrowings by Indian entities in overseas
markets. Masala bonds can be quite a significant plus for the Indian economy. They are issued
to foreign investors and settled in US dollars. Hence the currency risk lies with the investor and
not the issuer, unlike external commercial borrowings (ECBs), where Indian companies rais money in foreign currency loans. While ECBs help companies take advantage of the lower
interest rates in international markets, the cost of hedging the currency risk can be significant. If
un-hedged, adverse exchange rate movements can come back to bite the borrower. But in the
case of Masala bonds, the cost of borrowing can work out much lower.
Masala bonds can have implications for the rupee, interest rates and the economy as a whole.
A vibrant bond market can open up new avenues for bond investments by retail savers. If
Masala bonds are acquired by overseas investors, this can help prop up the rupee. Masala
bonds are a good idea to shield corporate balance sheets from exchange rate risks.
RBI has permitted Indian banks to masala bonds to finance their Tier 1, Tier 2 capital and
infrastructure financing.
Canada’s British Columbia becomes the first foreign govt. issuer of masala bonds by
successfully raising Rs.5 billion through a rupee-denominated bond in the London Stock
Exchange.
HDFC is first ever Indian corporate to list Masala bond, chooses London Stock Exchange for
landmark issuance. Rupee denominated bond raises INR 30 billion (USD 450 million
equivalent), with 8.33% annual yield, attracting global investor support.

CAIIB RETAIL TODAY'S RECOLLECTED QUESTIONS (16.12.2018)

CAIIB RETAIL TODAY'S RECOLLECTED QUESTIONS (16.12.2018)

1.CASE STUDY from fair practice code
2. SARFASEI related 5 to 6 questions
3.CASE STUDY gold scheme launched by GOI
4..CASE STUDY on Credit card
5.Bcsbi 5-9 ques
6.Neft settlemnt batches
7.Credit card numerical
8.Education loan casr study
9.Housing loan case studiees 2
10.Pmay one case study
11.Gold monetization scheme one case study
12.Case Study on Gold Scheme launched by GOI
13.Case Study on Education loan
14.Case Study on Housing loan
15.Case Study on PMAY
16.Case Study on Gold monetization scheme

17.Pari passu charge
Same property mortage to 2 banks on different dates
Mortage refers to which law?
Responsiveness, empathy, assurance 1 case study..
Sec 24B maximum exemption

Case studies

Credit card
Housing loan case study
Aur horizontal vertical ka case study
Bcsbi ka case study
Gold loan ka case study
Misc qstn
Emi  vehicle loan ki qstn
Onroad price 9.5lac
Roi & margin 10%
Invoice value 8lac calculate emi
First mobile atm
First talking atm for blind person

Case study on education loan, bcsbi, car loan, lok adalat limit, drt , core augmented potential product, emi calculation, brown label atm. Etc

Current affair s on 10.06.2019

Today's Headlines from www:

*Economic Times*

📝 Need to relook at regulation and supervision of NBFCs: RBI Governor

📝 Integration of Brahmos missiles into Sukhoi jets fast-tracked

📝 Budget likely to spell out roadmap for banking sector reforms, consolidation

📝 Power minister positive on achieving 175 GW renewable energy target

📝 CIL to hire merchant bankers for acquiring stakes in Australian coal assets

📝 SIAM, CII urge govt to hold wider consultations, follow practical approach on electric vehicles

📝 Cut down on contract labour: BSNL to circles

*Business Standard*

📝 DHFL aims to clear all dues by the end of 'cure period', rescale business

📝 Ola plans e-rickshaws, revives talks with original equipment manufacturers

📝 JSW Paints tweaks distribution model, pricing to take on majors

📝 Banks opting for one-time settlement as NCLT waiting time goes up

📝 Warehousing sees surge in private equity investment and leasing activity

📝 China mulls security system over US pressure on its hi-tech firms

📝 Transactions of debt-ridden Educomp Solutions come under SFIO scanner

📝 NITI Aayog's electric mobility proposal irks India's auto industry

📝 Budget 2019: FM Sitharaman may retain fiscal deficit target at 3.4% of GDP

📝 Raise 5G spectrum sale bar, hike base price for select bands: DoT to Trai

📝 RIL-BP wins first block in OALP rounds, Oil India, Vedanta bag most

*Financial Express*

📝 Central Bank of India looks to raise Rs 5,000 crore this fiscal to meet Basel III norms by March 2020

📝 WNS to invest $37 million as it eyes major expansion in FY2020

📝 Indian airlines facing very tough competition; cost environment also not in favour, says IATA

📝 India calls on G-20 nations for early solution on taxing digital companies

📝 FPIs pour in Rs 7,095 cr in first week of June

📝 IMF’s Lagarde urges G20 to prioritise resolving trade tensions

*Mint*

📝 Investors cheer as Adani Ports cuts related-party loans, steps up dividends

📝 MFs reduce exposure to shadow banks by ₹67,000 crore since September

📝 Unicorns outpace technology companies in acquisitions

📝 Royal Enfield pins hopes on new bikes to push sales

📝 Startup Pitstop banks on vehicular data to offer motor insurance

📝 Govt mulls mandatory barcoding of all medicines sold within India

📝 Dozens of private equity funds eye revival of Indian IPO market

📝 Delay in monsoon pushes rainfall deficiency to 45% in first 9 days of June: IMD

📝 Huawei obtains 46 commercial 5G contracts from 30 countries despite US ban

📝 BoB puts Bhushan Power, 66 others accounts on block as NCLT process gets delayed

📝 GST Council to meet on 20 June, may fix Rs50 cr turnover threshold for e-invoice.

Credit card case study caiib retail

CAIIB RETAIL::



Calculate Min. Amt. Due for dues of credit card



Finance Charges - Applicable in the event of the card member deposits part of the Total

Payment or the Minimum Amount Due. The amount attracts finance charges on entire

outstanding including fresh purchases and other bank charges till the date of full and

final payment.

Finance charges are calculated on a daily basis at the end of every day based on the

current outstanding balance of the customer.

Illustration:

• Balance ou tstanding as on the statement date - Rs.20000

• Balance is not paid on the due date.

• Interest - 3.5% per month

• Daily Interest Charge for th e above balance is

= 20000 x (3.5% x 12 months)/365 = Rs.23.01

• Total interest payable by the next statement c ycle (after 30 days)

= Rs.23.01 x 30 = Rs.690.41 + Service Tax

Caiib retail case study

Most important CAIIB Retail

Case Study - Retail Banking - 1

A bank "X" issued a platinum credit card to mr. A with a credit limit of rs. 1,00,000. The bill date is 2nd of every month and due date is 22nd of the same month.

The rate of interest charged is 2.38% per month.

interest is calculated on daily basis.

Note: there is no interest charged for the first 50 days.

Overdue charges is rs. 600

Mr. A makes a shopping worth rs. 1,00,000 in the month of july and paid rs. 85000 on 22nd july and rest pays on 10th august with final payment.

Q.1 For how much days interest will be paid?

i) 18 days ii) 21 day iii) ..... days iv) No interest will be paid as MAD is paid

Q.2 What will be the financial charges on final payment?

Q.3 How much payment he will make in the full settlement at 10 august?

Q.4 What will be the overdue charges for the month?

Q.5 What will be the late payment charges are levied on him?

Attachments area

CAIIB BFM recollected on 09.06.2019

Re-collected questions posted by our members
--------------------------------------------

Theory based paper (60-70% theory)
1. Case study maculay and modified duration 5 marks
2. Case study on time buckets 5 marks
3. Case study on DA DL RSA RSL 5 marks
4. Case study on LC 5 marks (Applicant, confirming bank, Expiry date bill lading, whether partial shipment or not)
5. Case study on forex 5 marks
6. Case study on NRI NRO FCNR 5 Marks
7. Case study on forex exchange-purchase/cancellation/rebook of order.
8. Case study on bucket model of volatile and core type funds-interest sensitive asset-non interest sensitive asset
9. Numerical from examples of chapter 1 of Forex
10. Numerical from interest rate Sensitive assets & liabilities
11. Bond calculation 5 mark
12. ALM bucket allocation 5 marks
13. Two hands case study
14. Treasury office functioning case study (Back office mid office function)
15. Structured derivatives 5 Mark
16. Problems on TT buying, Selling

1. Direct rates which currency with respect to USD?
2. Ripple effect which risk?
3. Country risk is type of which risk?
4. Case study on LC-correspondent banking.
5. RTGS Plus?
6. Case study on UCPDC
7. LCR which currency?
8. Case study on LCR
9. Identification of type of LC from options.
10. Case study on derivative deal.
11. Function of ECGC
12. Risk management control steps.
13. YTM
14. Meaning of 'Mark to Market'?
15. Banking Book and Trading Book
16. Dimond dollar account
17. Under AMA approach estimated level of operational risk calculated on the basis of?
18. Calculation of Basis Point Value
19. Defination of VaR
20. Stress Testing
21. Defination body Term Money
22. Reduction of SLR-effect?
23. Special Non Resident Rupee (SNRR) account
24. Part of SLR
25. SWIFT
26. Stop loss trigger/ profit trigger case study
27. Forward contract- OTC or exchange traded?
28. Tier 1 capital comprises of?
29. Liquidity Risk
30. Extended loan for economic development- which type of loan?
31. Risk and Basel many questions asked
32. bucket SB & CA
33. NRE
34. FCNR A/c
35. Liquid assets
36. What is SNRR AC?
37. In which ratio off balance item and on balance item considered?
38. Treasury products
39. Transfer pricing
40. ALM many questions
.............................................


Case study on Macaulay duration

Face Value of Security Rs. 100
coupon rate 8% biannually
Maturity 4 year
YTM 10%

Calculate

01. Maculay Duration in half yearly
02. Maculay duration in years
03. Modified duration
.............................................


Calculation of Economic Value of Equity
Net Worth = 1350.00
Risk Sensitive Asset (RSA) = 18251.00
Risk Sensitive Liability (RSL) = 18590.00
Weight Modified Duration of Asset (DA) = 1.96
Weight Modified Duration of Liability (DL) = 1.25

01. What is Weight (W)?

a. 1
b. 1.02
c. 1.33
d. 1.66

Ans - b

Solution:
Calculate weight (W) = RSL/RSA
=18590/18251
=1.018
=1.02
.............................................

02. What is DGAP?

a. 0.33
b. 0.48
c. 0.69
d. 0.81

Ans - c

Solution
DGAP (modified duration gap) = DA - (W*DL)
= 1.96 - (1.02*1.25)
= 1.96 - 1.1275
= 0.685
= 0.69
.............................................

03. What is Leverage Ratio?

a. 12.33
b. 13.22
c. 13.52
d. 13.66

Ans - c

Solution
Leverage ratio= RSA/ Networth
= 18251/1350
= 13.52
.............................................

04. What is Modified Duration of Equity?

a. 6.33
b. 7.33
c. 8.33
d. 9.33

Ans - d

Solution:
Modified duration of equity (MD) = DGAP * leverage ratio
= 0.69 * 13.52
= 9.3288
= 9.33 years
.............................................

05. If there is 200 bp change in Rate what is drop in Equity Value?

a. 18.66
b. 20.33
c. 22.66
d. 24.33

Ans - a

Solution
Equity value=Change in rate (BP)*MD
=200*9.33/100
=18.6576
=18.66%
.............................................

Current affair s on 09.06.2019

Today's Headlines from www:

*Economic Times*

📝 TVS Motor becomes official sponsor of Bangladesh football team

📝 Air travel to become bit costlier as govt announces hike in aviation security fee from July 1

📝 Mahindra to observe no production days at plants for up to 13 days this quarter

📝 Indian Railways to provide massage service on board running trains

📝 India has 597 ATMs less in 2019 than 2017: RBI report

📝 Embassy buys 14% in Indiabulls Real Estate in bulk deal

 📝 Local telecom equipment makers seek price preference

*Business Standard*

📝 NBFC cash crunch worsens; bond issuances at 7-month low of Rs 880 cr in May

📝 G20 agrees to close gaps used by global tech giants to cut corporate taxes

📝 Wells Fargo to settle $386-mn insurance suit

📝 IBM bets on open source in telecom, prepares for global 5G deployment

📝 Google India spruces up operations to tap into cloud opportunities

📝 IT ministry to set up software product council with outlay of Rs 1,500 cr

📝 Solar energy installations drop to 49% in Q1 over lack of fund availability

*Financial Express*

📝 Job creation: Centre plans hiring spree, to recruit 5 lakh in two years

📝 Jet Airways fallout: Cross-border insolvency norms to be amended

📝 TVS Motor becomes official sponsors for Bangladesh football body

📝 DHFL repays dues worth Rs 276.05 crore to investors

📝 Boeing wanted to wait 3 years to fix safety alert on 737 Max

📝 Modi govt notifies extension of PM-KISAN; now, all farmers could avail benefits

📝 China-US talk trade on sidelines of G-20 finance gathering

*Mint*

📝 Trump criticises NASA moon mission, thinks it should focus on 'bigger things'

📝 France ready to cut Renault stake to support Nissan ties: Report

📝 Iran has no plans to leave OPEC despite tensions: Oil minister

📝 RBI governor Shaktikanta Das bats for new rules for NBFC sector

📝 India likely to receive lower rains in June, monsoon to pick up in Aug-Sept

📝 App-based cab service GoaMiles finally welcomes Ola, Uber in Goa

📝 FedEx will stop air shipments of packages for Amazon.