- Team Edural
The Indian Institute of Banking and Finance (IIBF) is an institute established by the Reserve Bank of India (RBI). It is a premier educational institute that provides various courses in Banking and Finance.
IIBF conducts the JAIIB Examination for aspirants already in the banking sector looking to advance their careers. JAIIB stands for Junior Associate of Indian Institute of Bankers. Clearing JAIIB Examination opens up new prospects in the banking and finance industry.
Visit the official website of IIBF for more information on examinations, courses, study materials and more.
|Principles & Practices of Banking||02 May 2021 (postponed)|
|Accounting & Finance for Bankers||09 May 2021 (postponed)|
|Legal & Regulatory Aspects of Banking||16 May 2021 (postponed)|
|Principles & Practices of Banking||07 November 2021|
|Accounting & Finance for Bankers||14 November 2021|
|Legal & Regulatory Aspects of Banking||21 November 2021|
Eligibility Criteria for JAIIB Examination 2021
JAIIB Examination is open for:
- Employees of any Banking/Finance institute which is a member of IIBF.
- The subordinate staff of any Banking/Finance institute which is a member of IIBF.
The minimum educational qualification required for eligibility is a 12th standard pass or equivalent from a recognised board.
Candidates who do not have a 12th pass certificate can appear for the clerical or supervisory staff cadre of banks on recommendation by the bank manager.
JAIIB Examination fee
|First attempt||₹ 2,700+GST|
|Second attempt||₹ 1,300+GST|
|Third attempt||₹ 1,300+GST|
|Fourth attempt||₹ 1,300+GST|
|24 to 28 February 2021||Normal examination fee|
|01 to 14 March 2021||Normal examination fee + ₹ 100|
|15 to 21 March 2021||Normal examination fee + ₹ 200|
|01 to 07 September 2021||Normal examination fee|
|08 to 21 September 2021||Normal examination fee + ₹ 100|
|22 to 30 September 2021||Normal examination fee + ₹ 200|
How to Apply for JAIIB Examination 2021
- Visit the official website of IIBF.
- On the homepage, you will find the "Examination/Courses" tab on the left side.
- Click on the Examination tab and select "Flagship Courses", and choose JAIIB.
- Scroll down the page and choose the "Apply Offline" option.
- The page will ask for membership login.
- Log into your profile using membership credentials.
- Fill in all your details and attach the required documents.
- Pay the examination fee and complete the registration.
- Download and keep a hard copy of the application with you for future reference.
JAIIB Examination 2021 Admit Card
After the registration is complete, an admit card will be generated for the applicant. You can download and print the admit card. Candidates can also download their admit cards from the official website of IIBF. All you have to do is enter your membership credentials.
Candidates must produce a hard copy of the admit card and a valid ID in the examination venue.
JAIIB Selection process
The selection of candidates is made based on their performance in the written test. The written test is a computer-based objective type test that carries 300 marks.
The written test consists of three papers:
- Paper-I: Principles & Practices of Banking
- Paper-II: Accounting & Finance for Bankers
- Paper-III: Legal & Regulatory Aspects of Banking
Each subject paper carries 100 marks, and the minimum marks for qualification in 50 out of 100 in each paper. Candidates getting at least 45 marks in each paper with an aggregate score of 50% in a single attempt will also be considered qualified.
The JAIIB Examination is conducted twice every year. Candidates are allowed to attempt both sessions. Candidates must pass the examination within two years (4 consecutive attempts) for selection.
JAIIB Examination Pattern
|Subject paper||Number of questions||Maximum marks||Duration|
|Principles & Practices of Banking||120||100||2 hours|
|Accounting & Finance for Bankers||120||100||2 hours|
|Legal & Regulatory Aspects of Banking||120||100||2 hours|
- The institute can vary the number of questions asked in a subject.
- There will be no negative marking for wrong answers.
JAIIB Examination Syllabus
Paper-I: Principles & Practices of Banking
|MODULE A -||INDIAN FINANCIAL SYSTEM|
|Indian Financial System – An Overview||Role of RBI, Commercial Banks, NBFCs, PDs, FIs, Cooperative Banks, CRR, SLR; Equity & Debt Market; IRDA.|
|Banking Regulation||Constitution, Objectives, Functions of RBI; Tools of Monetary Control; Regulatory Restrictions on Lending/|
|Retail Banking, Wholesale and International Banking||Retail Banking- Products, Opportunities; Wholesale Banking, Products; International Banking, Requirements of Importers & Exporters, Remittance Services; Universal Banking; ADRs; GDRs; Participatory Notes.|
|Role of Money Markets, Debt Markets & Forex Market||Types of Money & Debt Market Instruments including G-Secs; ADs, FEMA, LIBOR, MIBOR, etc.|
|Role and Functions of Capital Markets, SEBI||Overview of Capital Market; Stock Exchange; Commonly used Terms; Types of Capital Issues; Financial Products/ Instruments including ASBA, QIP; SEBI; Registration of Stock Brokers, Sub-brokers, Share Transfer Agents, etc. QIBs.|
|Factoring, Forfaiting Services and Off-Balance Sheet items||Types & advantages of Factoring & forfaiting services; Types of off-balance sheet items.|
|Risk Management, Basel Accords||Introduction to Risk Management; Basel I, II & III Accords.|
|CIBIL, Fair Practices Code for Debt Collection, BCSB||Role and Functions of CIBIL; Fair Practices Code for Debt Collection; Codes of BCSBI.|
|Recent Developments in the Financial System||Structure, Reforms in the Indian Financial System; recent developments in Money, Debt, Forex Markets; Regulatory Framework; Payments and Settlement System.|
|MODULE B -||FUNCTIONS OF BANKS|
|Banker Customer Relationship||Types; Different Deposit Products & Services; Services to Customers & Investors.|
|KYC/ AML/ CFT norms||PMLA Act; KYC Norms.|
|Bankers’ Special Relationship||Mandate; POA; Garnishee Orders; Banker’s Lien; Right of Set of|
|Consumer Protection - COPRA, Banking Ombudsman Scheme||Operational Aspects of COPRA Act & Banking Ombudsman Scheme.|
|Payment and Collection of Cheques and Other Negotiable Instruments||NI Act; Role & Duties of Paying & Collecting Banks; Endorsements; Forged Instruments; Bouncing of Cheques; Its Implications; Return of Cheques; Cheque Truncation System.|
|Opening accounts of various types of customers||Operational Aspects of opening and Maintaining Accounts of Different Types of Customers including Aadhaar, SB Rate Deregulation.|
|Ancillary Services||Remittances; Safe Deposit Lockers; Govt. Business; EBT.|
|Cash Operations||Cash Management Services and its Importance.|
|Principles of Lending, Working Capital Assessment and Credit Monitoring||Cardinal Principles; Non-fund Based Limits; WC; Term Loans; Credit Appraisal Techniques; Sources of WC Funds & its Estimation; Operating Cycle; Projected Net WC; Turnover Method; Cash Budget; Credit Monitoring & Its Management; Base Rate.|
|Priority Sector Advances||Targets; Sub-Targets; Recent Developments.|
|Agricultural Finance||Types of Agricultural Loans; Risk Mitigation in agriculture (NAIS, MSP etc.)|
|Micro, Small and Medium Enterprises||MSMED Act, 2006 Policy Package for MSMEs; Performance and Credit Rating Scheme; Latest Developments.|
|Government Sponsored Schemes||SGSY; SJSRY; PMRY; SLRS.|
|Self Help Groups||Need for & Functions of SHGs; Role of NGOs in Indirect Finance to SHGs; SHGs & SGSY Scheme; Capacity Building.|
|Credit Cards, Home Loans, Personal Loans, Consumer Loans||Operational Aspects, Advantages, Disadvantages & Guidelines of Credit Cards; Procedure and Practices for Home Loans, Personal Loans and Consumer Loans.|
|Documentation||Types of Documents; Procedure; Stamping; Securitisation.|
|Different Modes of Charging Securities||Assignment; Lien; Set-off; Hypothecation; Pledge; Mortgage.|
|Types of collaterals and their characteristics||Land & Buildings; Goods; Documents of Title to Goods; Advances against Insurance Policies, Shares, Book Debts, Term Deposits, Gold, etc.; Supply Bills.|
|Non-Performing Assets||Definition; Income Recognition; Asset Classification; Provisioning Norms; CDR Financial Inclusion BC; BF; Role of ICT in Financial Inclusion, Mobile based transactions, RSETI.|
|Financial Literacy||Importance of financial literacy, customer awareness.|
|MODULE C –||BANKING TECHNOLOGY|
|Essentials of Bank Computerization||Computer Systems; LANs; WANs; UPS; Core Banking.|
|Payment Systems and Electronic Banking||ATMs; HWAK; PIN; Electromagnetic Cards; Electronic Banking; Signature Storage & Retrieval System; CTS; Note & Coin Counting Machines; Microfiche; NPC; RUPAY.|
|Data Communication Network and EFT systems||Components & Modes of Transmission; Major Networks in India; Emerging Trends in Communication Networks for Banking; Evolution of EFT System; SWIFT; Automated Clearing Systems; Funds Transfer Systems; Recent Developments in India.|
|Role of Technology Upgradation and its impact on Banks||Trends in Technology Developments; Role & Uses of Technology Upgradation; Global Trends; Impact of IT on Banks.|
|Security Considerations||Risk Concern Areas; Types of Threats; Control Mechanism; Computer Audit; IS Security; IS Audit; Evaluation Requirements.|
|Overview of IT Act||Gopalakrishna Committee Recommendations.|
|Preventive Vigilance in Electronic Banking||Phishing; Customer Education; Safety Checks; Precautions.|
|MODULE D –||SUPPORT SERVICES - MARKETING OF BANKING SERVICES/ PRODUCTS|
|Marketing – An Introduction||Concept; Management; Products & Services; Marketing Mix; Brand Image.|
|Social Marketing/ Networking||Evolution, Importance & Relevance of Social Marketing/ Networking.|
|Consumer Behavior and Product||Consumer Behavior; Product Planning, Development, Strategies, etc.; CRM.|
|Pricing||Importance, Objectives, Factors, Methods, Strategies of Pricing; Bank Pricing.|
|Distribution||Distribution Channels; Channels for Banking Services; Net Banking; Mobile Banking.|
|Channel Management||Meaning, Levels, Dynamics, Advantages.|
|Promotion||Role of Promotion in Marketing; Promotion Mix|
|Role of Direct Selling Agent/ Direct Marketing Agent in a bank||Definition; Relevance; Banker as DSA/ DMA; Delivery Channels in Banks; Benefits.|
|Marketing Information Systems – a longitudinal analysis||Functions & Components of MKIS; MKIS Model; Use of Computers & Decision Models; Performance of MKIS; Advantages.|
|MODULE E –||ETHICS IN BANKS AND FINANCIAL INSTITUTIONS|
|Ethics, Business Ethics & Banking: An Integrated Perspective||Business Ethics, Ethical Foundation and Banking Ethics in Global and Indian Contexts.|
|Ethics at the Individual Level||Values, Norms, Beliefs, Morality, Conflict, Integrity, Golden Rule, Dilemmas, Decision-Making.|
|Ethical Dimensions: Employees||Obligation to Bank/ Third Parties, Abuse of Official Position, Sexual Harassment, Conflict of Interest, Fair Accounting Practices, HRM Ethics, Employees as Ethics Ambassadors & Managers as Ethical Leaders.|
|Work Ethics and the Workplace||Work Ethics, Benefits of Ethical Behavior, Unethical Behavior: Causes and Remedies, Code of Ethics Manual, Whistleblowing in Banks, Whistleblowing Laws in India.|
|Banking Ethics: Changing Dynamics||Ethics and Technology, Data Security and Privacy, Intellectual Property Rights, Patents and Proprietary Rights, Ethics of Information Security, Cyber Threats, Digital Rights Management.|
Paper-II: Accounting & Finance for Bankers
|MODULE A –||BUSINESS MATHEMATICS AND FINANCE|
|Calculation of Interest and Annuities||Calculation of Simple Interest & Compound Interest; Calculation of Equated Monthly Instalments; Fixed and Floating Interest Rates; Calculation of Annuities; Interest Calculation using Products/ Balances; Amortization of a Debt; Sinking Funds.|
|Calculation of YTM||Debt- Definition, Meaning & Salient Features; Loans; Introduction to Bonds; Terms associated with Bonds; Cost of Debt Capital; Bond value with semi-annual Interest; Current Yield on Bond; Calculation of Yield-to- Maturity of Bond; Theorems for Bond Value; Duration of Bond; Properties of Duration; Bond Price Volatility.|
|Capital Budgeting||Present Value and Discounting; Discounted Technique for Investment Appraisal; Internal Rate of Return (IRR); Method of Investment Appraisal; NPV and IRR compared; Investment Opportunities with Capital Rationing; Investment Decision making under condition of uncertainty; Expected NPV Rule; Risk Adjusted Discount Rate Approach for NPV Determination; Sensitivity Analysis for NPV Determination; Decision Tree Analysis for NPV Estimation; Payback Methods; ARR.|
|Depreciation and its Accounting||Depreciation, its types and methods; Comparing Depreciation Methods.|
|Foreign Exchange Arithmetic||Fundamentals of Foreign Exchange; Forex Markets; Direct and Indirect Quote; Some Basic Exchange Rate Arithmetic – Cross Rate, Chain Rule, Value date, etc.; Forward Exchange Rates – Forward Points; Arbitrage; Calculating Forward Points; Premium/ discount; etc.|
|MODULE B –||PRINCIPLES OF BOOKKEEPING & ACCOUNTANCY|
|Definition, Scope and Accounting Standards||Nature and Purpose of Accounting; Historical Perspectives; Origins of Accounting Principles; Accounting Standards in India and its Definition and Scope; Generally Accepted Accounting Principles of USA (US GAAP); Transfer Pricing; Overview of IFRS; Difference between GAAP & IFRS.|
|Basic Accountancy Procedures||Concepts of Accountancy; Going Concern Entity; Double Entry System; Principle of Conservatism; Revenue Recognition and Realization; Accrual and Cash Basis.|
|Maintenance of Cash/ Subsidiary Books and Ledger||Record Keeping Basics; Account Categories; Debit and Credit Concepts; Accounting and Columnar Accounting Mechanics; Journals; Ledgers; subsidiary books; etc.|
|Bank Reconciliation Statement||Need for Bank Reconciliation; Causes of Differences; Preparation of Bank Reconciliation Statement; How to prepare a Bank Reconciliation Statement when Extracts of Cash Book and Pass Book are given; Adjusting the Cash Book Balance; Advantages of Bank Reconciliation Statement.|
|Trial Balance, Rectification of Errors and Adjusting & Closing Entries||Meaning of a Trial Balance; Features and Purpose of a Trial Balance; Types of Trial Balance and Preparation of a Trial Balance; Disagreement of a Trial Balance; Classification of Errors; Location of Errors; Rectification of Errors; Suspense Account and Rectification; Rectification of Errors when Books are closed; Adjusting and Closing Entries.|
|Capital and Revenue Expenditure||Expenditure; Distinction between Capital and Revenue Expenditure; Deferred Revenue Expenditure; Receipts; General Illustrations|
|Bills of Exchange||Types of Instruments of Credit; Term and Due Date of a Bill; Certain Important Terms; Accounting Entries to be Passed; Accommodation Bill etc.|
|MODULE C –||FINAL ACCOUNTS|
|Balance Sheet Equation||Balance Sheet Equation; Computation of Balance Sheet Equation.|
|Preparation of Final Accounts||Preparation of Trading A/C; Profit and Loss A/C; Profit & Loss Appropriation Account; Balance Sheets.|
|Ratio Analysis||Meaning of Accounting Ratios; Classification of Ratios; Uses of Accounting Ratios; Limitations of Accounting Ratios; Calculation and interpretation of various Ratios; Different Users and their Use of Ratios.|
|Final Accounts of Banking Companies||Definition and Functions of a Bank; Requirements of Banking Companies as to Accounts and Audit; Significant Features of Accounting Systems of Banks; Principal Books of Accounts; Preparation and Presentation of Financial Statements of Banks; CMA Format; Accounting Treatment of Specific Items; Preparation of Profit and Loss Account; Comments on Profit and Loss Account; Important Items of Balance Sheet; Disclosure Requirements of Banks; Additional Disclosures prescribed by RBI; Disclosures required under BASEL norms.|
|Company Accounts I & II||Definition and Types of Companies; Distinction between Partnership and Limited Liability Company; Classes of Share Capital; Issue of Shares; General Illustrations Non-Voting Shares; Form of Balance Sheet; Legal Requirements for Assets; Legal Requirements for Liabilities; Legal Requirements for Profit & Loss A/c; Preparation of Final Accounts.|
|Accounting in a Computerized Environment||Meaning, features of and terms used in Computerized Accounting; Difference between Computerized and Manual Accounting; Advantages and Disadvantages of Computerized Accounting; Functions performed by Computerized Accounting Softwares available in the Market; Computerization – Scope and Experiences in Banking; The Core Banking Components; Information Security; Internet and World Wide Web – Influences on Banking.|
|MODULE D –||BANKING OPERATIONS|
|Banking Operations & Accounting Functions||Preparation of Vouchers, cash receipt and payment entries, clearing inward and outward entries, transfer debit and credit entries, what is KYC and what are the different documents to satisfy KYC, verify KYC and authenticity of documents, operational aspects in regard to opening of all types of accounts, scrutiny of loan applications/ documents, allowing withdrawals and accounting entries involved at various stages, operational aspects of CBS environment etc., Back office operations in banks, handling of unreconciled entries in banks.|
Paper-III: Legal & Regulatory aspects of banking
|MODULE A –||REGULATIONS AND COMPLIANCE|
|Legal Framework of Regulation of Banks||Business of Banking; Constitution of Banks; RBI Act, 1934; Banking Regulation Act, 1949; Role of RBI; Govt. as a Regulator of Banks; Control over Co-operative Banks; Regulation by other Authorities.|
|Control over Organization of Banks||Licensing of Banking Companies; Branch Licensing; Paid up Capital and Reserves; Shareholding in Banking Companies; Subsidiaries of Banking Companies; Board of Directors; Chairman of Banking Company; Appointment of Additional Directors; Restrictions on Employment; Control over Management; Corporate Governance; Directors and Corporate Governance.|
|Regulation of Banking Business||Power of RBI to Issue Directions; Acceptance of Deposits; Nomination; Loans and Advances; Regulation of Interest Rate; Regulation of Payment Systems; Internet Banking Guidelines; Regulation of Money Market Instruments; Banking Ombudsman; Reserve Funds; Maintenance of CRR, SLR; Assets in India.|
|Returns Inspection, Winding up, Mergers & Acquisitions||Annual Accounts & Balance Sheet; Audit & Auditors; Submission of Returns; Preservation of Records and Return of Paid Instruments; Inspection and Scrutiny; Board for Financial Supervision; Acquisition of Undertakings; Amalgamation of Banks; Winding up of Banks; Penalties for offences.|
|Public Sector Banks and Co-operative Banks||SBI and its Subsidiaries; Regional Rural Banks; Nationalized Banks; Application of BR Act to Public Sector Banks; Disinvestment of Shares by Govt.; Co-operative Banks.|
|Financial Sector Legislative Reforms||Need, Approach for Financial Sector Legislative Reforms; Important Reforms,|
|Recent Legislative Changes in RBI Act||Recent Legislative Changes in RBI Act, Need thereof|
|Financial Sector Development Council||Role and Functions of Financial Sector Development Council.|
|MODULE B –||LEGAL ASPECTS OF BANKING OPERATIONS|
|Different Types of Borrowers||Types of Borrowers; Limited Liability Partnership.|
|Types of Credit Facilities||Cash Credit, Overdraft, Demand Loans, Term Loans, Bill Finance.|
|Secured and Unsecured Loans, Registration of Firms and Incorporation of Companies||Definition of Secured and Unsecured loans; Need for Secured Loans; Registration of Firms; Consequences of Non-registration of Firms; Incorporation of a Company.|
|Indemnities||Definition of Contract of Indemnity; Features of Indemnity Contract & Guarantee; Scope and Application of Indemnity Contracts to Banks; Obligations of a Banker; Precaution & Rights of an Indemnity Holder.|
|Bank Guarantees||Definition and Types of Bank Guarantees; Banker’s Duty to Honor Guarantee; Precautions to be taken for Issuance of Bank Guarantee; Precautions to be taken for Payment under Bank Guarantee; Invocation & Enforcement.|
|Letters of Credit||General Considerations of Letters of credit; Parties to a Letter of credit; Types of Letters of credit; Documents under a Letter of credit; UCPDC 600; Banks obligation for payment of Letter of credit.|
|Deferred Payment Guarantees||Purpose of DPGs; Methods of Payment.|
|Laws Relating to Bill Finance||Class of Bills and Laws Governing Bills; Classification of Bills; Categories of Bill Finance; Bill Finance and Legal Position of Banker.|
|Various Types of Securities||Types of Securities; Escrow Arrangements; Trust and Retention Arrangements.|
|Laws Relating to Securities and Modes of Charging – I||Mortgage; Types of Mortgage; Enforcement of Mortgages.|
|Laws Relating to Securities and Modes of Charging – II||Lien; Pledge; Hypothecation; etc.|
|Registration and Satisfaction of Charges||Definition of Charge; Procedure for Registration of Charge; Effect of Non-registration of Charges; Provisions of Law relating to Registration of Charges.|
|Case Laws on Responsibility of Paying Bank||Negotiable Instruments Act and Paying Banks; Liability of Paying Banker; Payment in due course; Payment in Good Faith; Whether Payment under Mistake Recoverable.|
|Case Laws on Responsibility of Collecting Bank||Statutory protection to Collecting Bank; Duties of Collecting Bank.|
|MODULE C –||BANKING RELATED LAWS|
|Recovery of Debts due to Banks and Financial Institutions Act, 1993(DRT Act)||Objective of the Act, Constitution of Tribunal, Procedure to be followed, Enforcement process.|
|Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI)||Constitutional Validity; Definitions; Regulation & Reconstruction; Enforcement of Security Interest; Central Registry; Offences & Penalties; Miscellaneous Provisions .|
|Banking Ombudsmen Scheme||Purpose; Extent; Definitions; Establishment; Powers; Procedure for Redressal Grievance .|
|Bankers Books Evidence Act, 1891||Applicability; Definition; Important Provisions.|
|The Legal Services Authorities Act, 1987||Lok Adalats- Organization; Jurisdiction; Disposal of Cases; Awards.|
|The Consumer Protection Act, 1986 and CERSAI||Preamble, Extent & Definitions; Consumer Protection Councils; Consumer Disputes Redressal Agencies; Objectives and important provisions of Central Registry of Securitisation Asset Reconstruction and Security Interest of India.|
|The Law of Limitation||Definition; Computation of Limitation; Important Provisions in schedule to the Limitation Act.|
|Tax Laws||Income Tax; Commodity Transaction Tax; Service Tax.|
|Negotiable Instruments Act, 1881||Applicability; Definition; Important Provisions.|
|Payment & Settlements Systems Act, 2007||Applicability; Definition; Important Provisions.|
|MODULE D –||COMMERCIAL LAWS WITH REFERENCE TO BANKING OPERATIONS|
|Indian Contract Act, 1872||Meaning and essentials of contract; Contract of Indemnity & Rights of Indemnity Holder; Contract of Guarantee; Contract of Bailment; Contract of Pledge; Contract of Agency.|
|The Sale of Goods Act, 1930||Features; Sale & Agreement to Sell; Conditions and Warranties; Express & Implied; Rights of Unpaid Seller.|
|Indian Partnership Act, 1932||Definition & Types of Partnerships; Relation of partners to one another & to third Parties; Minor admitted to benefits of partnership; Dissolution of a firm; Effect of non registration; Limited liability partnerships formation, registration, rights and liabilities of partners.|
|Definition and features of a company||Definition & Features of a Company; Distinction between Company and Partnership.|
|The Companies Act, 1956 (Now Companies Act, 2013)||Definition, Features & Types of companies; Memorandum and Articles of Association; Doctrine of Ultra Vires, Constructive Notice, Indoor Management; Membership of Company Acquisition, Cessation, Register, Rights & Duties of Members, Prospectus; Directors; Winding up of Companies.|
|Foreign Exchange Management Act, 1999||Important Terms; Powers of RBI, Regulation and Management; Directorate of Enforcement.|
|Transfer of Property Act, 1882||Sale, Mortgage of Immovable Property; Types of Mortgages; Sale with and without court intervention; Lease of Immovable Property.|
|The Right to Information Act, 2005||Applicability; Definition; Important Provisions.|
|Right to Information and Obligation of Public Authorities||Obligations; Procedure; Disposal; Appeal; Orders; Penalties.|
|The Prevention of Money Laundering Act, 2002||Obligations; Records to be Maintained; Procedure for Maintaining & Furnishing Information; Maintenance & Verifications of Records of Identity of Clients.|
|Information Technology Act, 2000||Definitions; Electronic Governance; Certifying Authorities; Digital Signature Certificates; Penalties; Appeal.|
JAIIB Examination 2021 Result
The institute considers the first physical attempt, i.e., the candidate should not have attempted any subject paper relating to this examination in the past and should pass the written tests as per the norms laid down by the institution. The ranks are considered in the following way;
- First Class with Distinction: 70%+ in aggregate and 60%+ in each subject paper
- First Class: 60%+ in aggregate and pass in all subject papers.
The board will make selection based on merit.
The IIBF announces the result on the official website. Candidates can check their results as under-.
Home > Examinations/Courses > Results/Consolidated Marksheet
JAIIB Examination 2021 Cut-off
For guaranteed selection, candidates must score way more than the minimum qualifying marks set by the institution, also called the cut-off. The cut-off mark in each paper is 50 out of 100. Candidates who score more than 50 marks on each subject paper stand the chance of making it into the merit list.
A clerk on clearing JAIIB: incites a promotion to the post of BPO. Roles and responsibilities include:
- Cross-checking clerical work
- Documentation of loans
- Dealing with the cash balance
A BPO on clearing JAIIB: incites a promotion to the post of Manager. Roles and Responsibilities include:
- Sanctioning of loans
- Development of new products
- Promoting good products from the perspective of the bank.
|Increments For A Clerk Grade Employee:|
|After qualifying JAIIB||1 increment in salary|
|After qualifying CAIIB||2 increments in salary|
|Increments For An Officer Grade Employee:|
|After qualifying JAIIB||1 increment in salary|
|After qualifying CAIIB||1 increment in salary|
|Basic pay scale||₹ 11,765|
|Annual increment||₹ 655|
|After 3 years||₹ 13,730|
|Maximum salary||₹ 30,450|
JAIIB Exam Analysis
Paper-I covers general topics of banking and finance. Module D and Module E from paper-I is significant. Novel questions are expected from these sections. Questions can be asked regarding new developments in the banking industry.
Paper-II is designed to test the accounting skills of the candidate. This paper might be challenging non-commerce students. Most applications of formulae and techniques will be asked in this section.
Paper-III is entirely theoretical. Questions on banking theories, definitions, acts, rules and regulations will be asked. Students are advised to go through any standard book recommended by the IIBF.
Preparation tips for JAIIB Examination 2021
A list of books recommended by the IIBF, essentially for this examination, is given in this article. Refer to any of these standard books for all three papers of the JAIIB Examination.
- Complete the syllabus by going through the topics one by one.
- Make your notes as you study. Add flowcharts, mindmaps, doodles, even wherever possible. Make your notes visually appealing. This will help you retain information.
- Visit the IIBF website regularly for any updates and developments in the banking industry. You can also follow these developments by reading IIBF Vision, bank quest, etc.
- Visit the RBI, BIS, FEDAI, SEBI, IRDAI websites for crucial information, circulars and updates.
- Attempt mock tests and practice papers.
- This paper focuses on accounting. Numericals based on various concepts are expected.
- Practice solving as many accounting problems as you can whenever you can.
- You will encounter a multifold of formulae, which might feel overwhelming at first. But if you practice plenty of questions, you needn't put any extra effort mugging up the formulae.
- Note down any formula you come across and maintain a list.
- Make your crisp notes. The syllabus for this paper includes many theories and definitions. The content is, therefore, voluminous. Write down the important points and keywords in your notes.
- Revise the notes.
- Solve practice papers.
The institution does not release the original question paper as the test is computer-based. However, there are plenty of sources where you can find a collection of previous years questions. One such source is JAIIB Practice Exams Lite, a free app available on Google Play Store with access to over 1200+ JAIIB Practice Exam questions.
JAIIB/CAIIB mocktest.com is an open-source website that offers free mock tests for JAIIB and CAIIB Examinations
Recommended Books for JAIIB Examination 2021
Principles and Practices of Banking
|Objective Banking and Financial Awareness||Dhankar Publication|
|Principles and Practices of Banking 3rd Edition||Macmillan Education|
|JAIIB Practice Work Book 7th Edition||Exam Block|
Accounting and Finance for Bankers
|Accounting and Finance for Bankers||Macmillan Education|
|Banking Awareness (Objective with Subjective)||Sangram Keshari Rout|
|Fast Track Objective Arithmetic||Rajesh Varma/ Arihant|
Legal and Regulatory Aspects of Banking
|Legal and Regulatory Aspects of Banking||IIBF|
|Analytical Reasoning||MK Pandey|
|Objective Banking & Financial Awareness||Dhankar Publication|
AIIB Study Notes (Android app on Google Play ) - Free study notes for JAIIB examination.
Study Plan for JAIIB Examination 2021
A study plan is specific to a particular candidate. What works for one may not for another. However, you can follow some simple guidelines to draft your study plan.
Making a Schedule - divide the syllabus into small topics and allot time for each of those according to the priority list prepared by you before starting. Dedicate two hours at the end of each day for revision. Do not overload yourself for a single day. Remember to take breaks in between. Distribute the syllabus throughout the preparation period.
Solve old question papers - Solving these will help you get familiar with the exam pattern and type of questions asked.
Pay attention to time management - Solving a maximum number of questions in the stipulated time is challenging. Time yourself whenever you are cracking an old question paper or attempting a mock test. Stay aware of your time management skills and try to improve them for practising more.
Practise - all the questions in the JAIIB examination are of objective type. These need to be practised repeatedly.
JAIIB Examination 2021 Examination Schedule
Read the detailed notification mentioning important details of JAIIB here.
We will update the examination dates here, so stay with us!