JAIIB Syllabus 2023 – IIBF prescribes the JAIIB exam pattern and syllabus. Aspirants of JAIIB exam must keep abreast with the latest exam pattern and syllabus of JAIIB exam to prepare strategically and ace the exam.
The Indian Institute of Banking & Finance conducted the JAIIB exam twice in a year. The exam is conducted for the post of Junior Associate of Indian Institute of Bankers. Candidates who are already existing employees of the banking and finance industry are only eligible to apply for the exam. Further details on the JAIIB exam can be found on the linked page. Â
Aspirants in this article will get the JAIIB syllabus and exam pattern in detail. Also, they will be able to download JAIIB syllabus for convenience in their preparation.Â
JAIIB Syllabus PDF- Download PDF Here
Aspirants of various Government exams can check the link for updates on upcoming examinations.
IIBF JAIIB Exam Pattern
The IIBF mentions the exam pattern of JAIIB on their official website. The examination pattern of Junior Associate of Indian Institute of Bankers is as mentioned below-Â
JAIIB Exam PatternÂ
- The exam is divided into three papers i.e. Principles and Practices of Banking, Accounting and Finance for Bankers, and Legal and Regulatory Aspects of Banking.
- Each paper is further divided into Modules, which is discussed below in the syllabus section.
- The JAIIB is an online exam comprising 120 objective questions (in each paper) of 100 marks.
- Candidates have to complete the computer-based test of each paper in 2 hours i.e. 120 minutes.
- IIBF reserves the right to vary the number of questions as required.
| JAIIB Exam Pattern | |||
| Subjects | Number of questions | Maximum marks | Duration |
| Principles and Practices of Banking | 120 | 100 | 2 hours |
| Accounting and Finance for Bankers | 120 | 100 | 2 hours |
| Legal and Regulatory Aspects of Banking | 120 | 100 | 2 hours |
JAIIB Marking Scheme
- There is no negative marking.
- Candidates have to score a minimum of 50 marks out of 100 in each paper.
- Candidates securing at least 45 marks in each subject with an aggregate of 50% marks in all subjects of examination in a single attempt will also be declared as having completed the examination.
- Candidates will be allowed to retain credits for the subject they have passed in an attempt till the expiry of the time limit for passing the examination.
JAIIB Selection Process – Time Limit for Passing the Exam
Candidates willing to appear for JAIIB examination are required to pass the examination in the stipulated time period which is as mentioned below-
- Candidates will be required to pass the examination within a time limit of 2 years (i.e. 4 consecutive attempts).
- Candidates not able to pass the examination within the period of two years are required to re-enrol themselves afresh. Such candidates will not be granted credit/s for subject/s passed, if any, earlier.
- The time limit of 2 years will start from the date of application for the first attempt. Attempts will be counted irrespective of whether a candidate appears for any examination or otherwise.
Candidates willing to appear for JAIIB exam can check the links given below for relevant details-
JAIIB Syllabus
The Indian Institute of Banking and Finance on its official website publishes the JAIIB syllabus in detail under the Examination/ Courses tab.
As per the JAIIB syllabus mentioned by IIBF, there are three papers that are to be studied by the aspirants, they are –
- Principles and Practices of Banking
- Accounting and Finance for Bankers
- Legal and Regulatory Aspects of BankingÂ
The detailed unit-wise and topic-wise JAIIB syllabus covered under each paper are highlighted in the table below-
JAIIB Syllabus – Paper I
Paper I is Principles and Practices of Banking which is further divided into 5 Modules. The module-wise syllabus for JAIIB exam is as follows-
| JAIIB Syllabus – Principles and Practices of Banking | ||
| Module | Name of the Units | Topics |
| Module A – Indian Financial System | Indian Financial System – 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 |
|
| Role Of Money Markets, Debt Markets & Forex Market | Types of Money & Debt Market Instruments incl. G-Secs; ADs, FEMA, LIBOR, MIBOR, etc | |
| Role & Functions of Capital Markets, SEBIÂ | Overview of Capital Market; Stock Exchange; Commonly used Terms; Types of Capital Issues; Financial Products/ Instruments including ASBA, QIP; SEBI; Registration of Stock Brokers, Subbrokers, Share Transfer Agents, etc; QIBs | |
| Mutual Funds & Insurance Companies,
Bancassurance & IRDA |
Types of Mutual Funds, its Management & its
Role; Role & Functions of Insurance Companies; Bancassurance; IRDA |
|
| Factoring, Forfaiting Services and Off-Balance Sheet items | Types & advantages of Factoring & forfeiting 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, BCSBI | 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 | |
The JAIIB Syllabus for Principles and Practices of Banking Module B covers –
| JAIIB Syllabus – Principles and Practices of Banking | ||
| Module | Name of the Units | Topics |
| 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-off | |
| 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 Aadhar, 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)Â | |
| 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, R SETIÂ | |
| Financial Literacy | Importance of financial literacy, customer awareness | |
Module C of JAIIB Syllabus under Principles and Practices of Baking covers the following topics-
| JAIIB Syllabus – Principles and Practices of Banking | ||
| Module | Name of the Units | Topics |
| 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;Â RUPAYÂ | |
| 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 | |
JAIIB Syllabus Paper I – Module D cover following topics-
| JAIIB Syllabus – Principles and Practices of Banking | ||
| Module | Name of the Units | Topics |
| 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 |
|
The Paper I of JAIIB Syllabus i.e. Principles and Practices of Banking now includes one more module – Module E. the topics covered in this module are as follows –
| JAIIB Syllabus – Principles and Practices of Banking | ||
| Module | Name of the Units | Topics |
| Module E – Ethics in Bank & 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 |
|
| Wondering how to complete the vast JAIIB syllabus? Refer the links below and give a boost to your preparation- |
JAIIB Syllabus – Paper II
The Paper-II of JAIIB Syllabus i.e. Accounting and Finance For Bankers is divided in 4 modules the detailed syllabus is as follows –
| JAIIB Syllabus – Accounting and Finance For Bankers |
Module A – Business Mathematics & Finance
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
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
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; ARRÂ
Depreciation, its types and methods; Comparing Depreciation Methods
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 and Accountancy
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.
Concepts of Accountancy; Going Concern Entity; Double Entry System; Principle of Conservatism; Revenue Recognition and Realization; Accrual and Cash Basis.
Record-Keeping Basics; Account Categories; Debit and Credit Concepts; Accounting and Columnar Accounting Mechanics; Journals; Ledgers; subsidiary books; etc.Â
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.
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.
Expenditure; Distinction between Capital and Revenue Expenditure; Deferred Revenue Expenditure; Receipts; General Illustrations.Â
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; Computation of Balance Sheet Equation.
Preparation of Trading A/C; Profit and Loss A/C; Profit & Loss Appropriation Account; Balance Sheets
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.
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.
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
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
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. |
JAIIB Syllabus – Paper III
The Paper III of JAIIB Syllabus includes topics covered under the Legal and Regulatory Aspects of Banking. Let us see the topics covered in detail.
| JAIIB Syllabus – Legal and Regulatory Aspects of Banking |
Module A – Regulations and Compliance
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.
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.
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.
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.Â
SBI and its Subsidiaries; Regional Rural Banks; Nationalized Banks; Application of BR Act to Public Sector Banks; Disinvestment of Shares by Govt.; Co-operative BanksÂ
Need, Approach for Financial Sector Legislative Reforms; Important ReformsÂ
Recent Legislative Changes in RBI Act, Need thereof
Role and Functions of Financial Sector Development Council |
Module B – Legal Aspects of Banking Operations
Types of Borrowers; Limited Liability Partnership
Cash Credit, Overdraft, Demand Loans, Term Loans, Bill Finance
Definition of Secured and Unsecured loans; Need for Secured Loans; Registration of Firms; Consequences of Non-registration of Firms; Incorporation of a Company
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 HolderÂ
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.Â
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.Â
Purpose of DPGs; Methods of Payment
Class of Bills and Laws Governing Bills; Classification of Bills; Categories of Bill Finance; Bill Finance and Legal Position of Banker
Types of Securities; Escrow Arrangements; Trust and Retention Arrangements.
Mortgage; Types of Mortgage; Enforcement of Mortgages
Lien; Pledge; Hypothecation; etc.
Definition of Charge; Procedure for Registration of Charge; Effect of Non-registration of charges; Provisions of Law relating to Registration of Charges
Negotiable Instruments Act and Paying Banks; Liability of Paying Banker; Payment in due course; Payment in Good Faith; Whether Payment under Mistake Recoverable
Statutory protection to Collecting Bank; Duties of Collecting Bank |
Module C – Banking Related LawsÂ
Objective of the Act, Constitution of Tribunal, Procedure to be followed, Enforcement process
Constitutional Validity; Definitions; Regulation & Reconstruction; Enforcement of Security Interest; Central Registry; Offences & Penalties; Miscellaneous Provisions
Purpose; Extent; Definitions; Establishment; Powers; Procedure for Redressal Grievance
Applicability; Definition; Important Provisions
Lok Adalats- Organization; Jurisdiction; Disposal of Cases; Awards
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
Definition; Computation of Limitation; Important Provisions in schedule to the Limitation Act
Income Tax; Commodity Transaction Tax; Service Tax
Applicability; Definition; Important Provisions
Applicability; Definition; Important Provisions |
Module D – Commercials Laws with Reference to Banking Operations
Meaning and essentials of contract; Contract of Indemnity & Rights of Indemnity Holder; Contract of Guarantee; Contract of Bailment; Contract of Pledge; Contract of Agency
Features; Sale & Agreement to Sell; Conditions and Warranties; Express & Implied; Rights of Unpaid Seller
Definition & Types of Partnerships; Relation of partners to one another & to third Parties;Â 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 & Features of a Company; Distinction between Company and Partnership
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
Important Terms; Powers of RBI, Regulation and Management; Directorate of Enforcement
Sale, Mortgage of Immovable Property; Types of Mortgages; Sale with and without court intervention; Lease of Immovable Property
Applicability; Definition; Important Provisions
Obligations; Procedure; Disposal; Appeal; Orders; Penalties.
Obligations; Records to be Maintained; Procedure for Maintaining & Furnishing Information;Â Maintenance & Verifications of Records of Identity of Clients.
Definitions; Electronic Governance; Certifying Authorities; Digital Signature Certificates;Â Penalties; Appeal |
JAIIB Syllabus PDF- Download PDF Here
Aspirants preparing for various bank exam can check the following links for assistance-Â
| IBPS PO Syllabus | IBPS Clerk Syllabus | IBPS PO Exam pattern |
| IBPS RRB Syllabus | SBI PO Syllabus | SBI Clerk Syllabus |
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