JAIIB Subject

The Indian Institute of Banking and Finance conducts a biannual premium exam known as the JAIIB (Junior Associate of India Institute of Bankers). It is carried out with the intention of imparting advanced knowledge for banking personnels.

The JAIIB Exam has many advanced subjects related to the finance and banking industry which will be highlighted in this article.

List of Subjects and Topics for JAIIB

The JAIIB consists of three papers:

  • Paper I: Principle and Practices of Banking
  • Paper II: Accounting & Finance for Bankers
  • Paper III: Legal and Regulatory Aspects of Banking

The table below will broadly cover some of the topics that are featured in both the Compulsory and Elective papers:

Topics Covered in JAIIB Subjects
Paper I: Principle and Practices of Banking
  • Indian Financial System – An Overview,
  • Banking Regulation,
  • Retail Banking,
  • Wholesale and International Banking,
  • Role of Money Markets,
  • Debt Markets & Forex Market,
  • Role and Functions of Capital Markets,
  • SEBI,
  • Mutual Funds & Insurance Companies,
  • Bancassurance & IRDA,
  • Factoring,
  • Forfaiting Services and Off-Balance Sheet items,
  • Risk Management,
  • Basel Accords,
  • CIBIL,
  • Fair Practices Code for Debt Collection,
  • BCSBI,
  • Recent Developments in the Financial System
  • Banker Customer Relationship,
  • KYC / AML / CFT norms,
  • Bankers’ Special Relationship,
  • Consumer Protection – COPRA,
  • Banking Ombudsman Scheme,
  • Payment and Collection of Cheques and Other Negotiable Instruments,
  • Opening accounts of various types of customers,
  • Ancillary Services,
  • Cash Operations,
  • Principles of lending,
  • Working Capital Assessment and Credit Monitoring,
  • Priority Sector Advances,
  • Agricultural Finance,
  • Micro, Small and Medium Enterprises,
  • Government Sponsored Schemes,
  • Self Help Groups,
  • Credit Cards,
  • Home Loans,
  • Personal Loans,
  • Consumer Loans,
  • Documentation,
  • Different Modes of Charging Securities,
  • Types of collaterals and their characteristics,
  • Non Performing Assets,
  • Financial Inclusion,
  • Financial Literacy
  • Essentials of Bank Computerization,
  • Payment Systems and Electronic Banking,
  • Data Communication Network and EFT systems,
  • Role of Technology Upgradation and its impact on Banks,
  • Security Considerations,
  • Overview of IT Act,
  • Preventive Vigilance in Electronic Banking
  • Services/ Products,
  • Marketing – An Introduction,
  • Social Marketing / Networking,
  • Consumer Behaviour and Product,
  • Pricing,
  • Distribution,
  • Channel Management,
  • Promotion,
  • Role of Direct Selling Agent / Direct Marketing Agent in a bank,
  • Marketing Information Systems – a longitudinal analysis
Paper II: Accounting & Finance for Bankers
  • Calculation of Interest and Annuities,
  • Calculation of YTM,
  • Capital Budgeting,
  • Depreciation and its Accounting,
  • Foreign Exchange Arithmetic
  • Definition,
  • Scope and Accounting Standards,
  • Basic Accounting Procedures,
  • Maintenance of Cash / Subsidiary Books and Ledger,
  • Bank Reconciliation Statement,
  • Trial Balance,
  • Rectification of Errors and Adjusting & Closing Entries,
  • Capital and Revenue Expenditure,
  • Bills of Exchange
  • Balance Sheet Equation,
  • Preparation of Final Accounts,
  • Ratio Analysis,
  • Final Accounts of Banking Companies,
  • Company Accounts I & II,
  • Accounting in a Computerized Environment
  • Banking Operations & Accounting Functions
Paper III: Legal and Regulatory Aspects of Banking
  • Legal Framework of Regulation of Banks,
  • Control over Organization of Banks,
  • Regulation of Banking Business,
  • Returns Inspection,
  • Winding up,
  • Mergers & Acquisitions,
  • Public Sector Banks and Co-operative Banks,
  • Financial Sector Legislative Reforms,
  • Recent Legislative Changes in RBI Act,
  • Financial Sector Development Council
  • Different Types of Borrowers,
  • Types of Credit Facilities,
  • Secured and Unsecured Loans,
  • Registration of Firms and Incorporation of Companies,
  • Indemnities,
  • Bank Guarantees,
  • Letters of Credit,
  • Deferred Payment Guarantees,
  • Laws Relating to Bill Finance,
  • Various Types of Securities,
  • Laws Relating to Securities and Modes of Charging-I,
  • Laws Relating to Securities and Modes of Charging- II,
  • Registration and Satisfaction of Charges,
  • Case Laws on Responsibility of Paying Bank,
  • Case Laws on Responsibility of Collecting Bank
  • Recovery of Debts due to Banks and Financial Institutions Act, 1993(DRT Act),
  • Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI),
  • Banking Ombudsman Scheme,
  • Bankers Books Evidence Act, 1891,
  • The Legal Services Authorities Act, 1987,
  • The Consumer Protection Act, 1986 and CERSAI,
  • The Law of Limitation,
  • Tax Laws,
  • Negotiable Instruments Act, 1881,
  • Payment & Settlements Systems Act, 2007
  • Indian Contract Act, 1872,
  • The Sale of Goods Act, 1930,
  • Indian Partnership Act, 1932,
  • Definition and features of a company,
  • The Companies Act, 1956 (Now Companies Act, 2013 ),
  • Foreign Exchange Management Act, 1999,
  • Transfer of Property Act, 1882,
  • The Right to Information Act, 2005,
  • Right to Information and Obligation of Public Authorities,
  • The Prevention of Money Laundering Act, 2002,
  • Information Technology Act, 2000

To know more in detail about other topics, be sure to visit the JAIIB Syllabus.

Frequently Asked Question about JAIIB Exam

How can the JAIIB be cleared in one attempt?

One could go through the material a few times like a novel before approaching JAIIB mock tests or JAIIB previous question papers, and you will be able to answer the questions correctly.

Is the JAIIB exam tough?

JAIIB is one of the toughest exams and without proper preparation cracking JAIIB is really tough. JAIIB is a finance & banking based exam which is conducted two times in a year. The students who want to pursue their career in banking and finance appear for this JAIIB exam.

How can one prepare for JAIIB?

A JAIIB candidate should use the syllabus issued by the IIBF and prepare a study plan or Subscribe to JAIIB/CAIIB Courses. They should know what subject should be started first and how will they will manage all 3 subjects.

To know more about other IIBF exams, visit the linked article.

 

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