The JAIIB examination is exclusively available to regular members of the Institute. Any individual employed in the banking and finance sector, whose employer is an Institutional member of the Institute, is eligible to apply for membership.

The JAIIB Examination has four papers

  1. Indian Economy & Indian Financial System

  2. Principles & Practices of Banking

  3. Accounting & Financial Management for Bankers

  4. Retail Banking & Wealth Management

JAIIB Examination Pattern

  1. The question paper will consist of around 100 objective multiple-choice questions, totaling 100 marks.

  2. The examination will be conducted exclusively in online mode.

  3. There will be no negative marking for incorrect answers

JAIIB Marking Scheme

Typical JAIIB Marking Scheme consists of

  • 50 questions of 0.5 marks

  • 25 questions of 1 marks

  • 25 questions of 2 marks

Indian Economy & Indian Financial System (IEFS) Paper 1

Important Topics

#ppb

Module A: Indian Economic Architecture

S.no

Chapters

Important Topics

1

Sectors of the Indian Economy

Role & Importance of the Sectors, Difference between the sectors

2

Economic Planning in India & NITI Aayog

Five Year Plans, NITI Aayog, Role of Planning Commission,

3

Role of Priority Sector and MSME in the Indian Economy

PSL and MSME

4

Globalisation: Impact On India

Globalisation and Its Impact On India, Protectionism

5

Economic Reforms

Banking Sector Reforms

6

Foreign Trade Policy Foreign Investments and Economic Development

FTP, FDI, FIIs recent trends

7

International Economic Organisations (WORLD BANK, IMF, ETC.)

IMF, WTO

8

Climate Change, Sustainable Development Goals (SDGs)

SDG goals and dates

Module B: Economic Concepts Related to Banking

9

Fundamentals Of Economics, Microeconomics, And Macroeconomics And Types Of Economies

Economics definitions

10

Demand and Supply

Supply and demand curve- shifts and movement along the curve

11

Money Supply and Inflation

Money Supply measures

12

Theory of Interest

IS-LM curve, theory of interest

13

Business Cycles

Types of business cycles, types of inflation, FRBM act,

14

Monetary Policy and Fiscal Policy

Instruments of Monetary Policy, Expansionary Monetary Policy, Contractionary Monetary Policy

15

System Of National Accounts And GDP Concepts

SNA, GDP, GNP, NNP concepts and computation

Module C: Indian Financial Architecture

16

Indian Banking Structure

Types Of Banks

17

Banking Laws – Reserve Bank of India Act, 1934 & Banking Regulation Act, 1949

RBI Act – Introduction, Chapter II Incorporation Capital, Management and Business Chapter V – Penalties, Schedules To The RBI Act, 1934, Banking Regulation Act (BR Act), Sections 45Y TO 45ZF

18

Development Financial Institutions

SIDBI (loan schemes), NABARD, NaBFID, EXIM – role and years of establishment

19

Non-Banking Financial Companies (NBFCs)

NBFC types, Regulation, bank finance to NBFCs

20

Micro Finance Institutions

Micro Finance – SHG, PSL requirements, Regulations

21

Insurance Companies

Insurance FDI, privatization, penetration, reinsurance

22

Reforms & Developments In The Banking Sector

NaBFID, Ease 4.0

Module D: Financial Products and Services

23

Financial Markets

Money Market & other Instruments,

24

Money Markets

Money Market broad functions, Tri-Party Repo

25

Fixed Income Markets Debt and Bond Markets

Bond Valuation And Theorems FIMMDA, Inter corporate deposits,

26

Foreign Exchange Market

LIBOR, ADR, GDR, contagion effect

27

Derivatives Market

Types of derivatives,

28

Factoring, Forfaiting and Trade Receivables Discounting System (TReDS)

Factoring, forfaiting, difference between factoring and forfaiting

29

Venture Capital

Stages Of Venture Capital Financing

30

Lease Finance & Hire Purchase

Types Of Leasing lease , Impact Of Leasing On Financial Ratios

31

Mutual Funds

Classification Of Mutual Funds, Net Asset Value (NAV) , Risks Associated With Mutual Funds Riskometer

32

Insurance Products

Types Of Insurance ,Insurance Based Social Security Schemes – PMJJBY, PMSBY  Insurance Ombudsman

33

Pension Products

Public Provident Fund (PPF) Scheme, National Pension Scheme (NPS), Atal Pension Yojana (APY)

34

Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (INVITs)

Types of REITs, Taxation Guidelines For Investors Of REITs, Types Of InvITs, Taxation On Investments In InvITs

Principles and Practices of Banking (PPB) Paper 2

Important Topics

Module A: General Banking Operations

S.no

Chapters

Important Topics

1

Banker-Customer Relationship

Banker customer relationship, Difference between NRO and NRE account. Lease financing.

2

AML-KYC Guidelines

Money laundering, KYC policy, FATF

3

Operational Aspects of KYC

KYC norms, CYC monitoring

4

Opening Accounts of Various Types of Customers

Opening of accounts-rules, documents.

5

Operational Aspects of Deposit Accounts

Deposit accounts, Nomination, Attachment order, Garnishee order.

6

Operational Aspects of Handling Clearing/Collection/Cash

CTS, Cash & custody

7

Banker’s Special Relationship

Mandate, POA, LOA, Bankers lien, Right of appropriation, Right of set off.

8

Foreign Exchange Remittance Facilities for Individuals

FEMA, Remittances.

9

Operational Aspects of NRI Business

NRE, NRO , SNRR Accounts.

10

Foreign Currency Accounts for Residents and Other Aspects

Foreign currency denominated accounts – EEFC, RFC, DDA

11

Cash Management Services and Its Importance

CMS

12

Payment and Collection of Cheques and Other Negotiable Instruments

NI Act – Cheques

13

Responsibility of Paying Bank

NI Act – Paying bank

14

Responsibility of Collecting Bank

Sec 131 of NI Act

15

Ancillary Services

Remittance, payment, safe deposit, Govt business

16

Financial Inclusion & Financial Literacy

BF BC Model, Financial literacy

17

Customer Service Guidelines

ATM operations, service at counter, security issues

18

Duties & Rights of a Banker and Customer Rights

Duty of secrecy and confidentiality, Banks rights

19

Grievance Redressal & RBI Integrated Ombudsman Scheme 2021

Integrated ombudsman scheme, handling complaints

The Consumer Protection Act, 2019

Consumer rights, council, Consumer disputes redressal commissions.

21

The Right to Information Act, 2005

RTI Act – obligations of public authorities, PIO, CIC.

Module B- Functions of banks

22

Principles of Lending, Different Types of Borrowers, and Types of Credit Facilities

Lending principles, Types of credit limits -CC, TL, BG.LC, Types of borrowers

23

Appraisal and Assesement of Credit Facilities

Aspects of appraisal, Methods of assessment of loan – WC, MPBF and NFB assessment.

24

Operational Aspects of Loan Accounts

MCLR, Credit monitoring, CRILC, fair practises code for lenders.

25

Types of Collaterals and Their Characteristics

Collaterals – land, building, shares, debentures, Loan against term deposits, gold ornaments, Supply bills

26

Different Modes of Charging Securities

Charges – assignment, lien, set off, hypothecation, pledge, mortgage, appropriation.

27

Documentation

DPN, BOE, Agreement, Revival of time barred debts, stamping of documents

28

Non-Performing Assets/ Stressed Assets

Income recognition, Asset classification, Provisioning norms

29

Important Laws Relating to Recovery Of Dues

DRT, DRAT, SARFAESI, Insolvency and bankruptcy code, Limitation law.

30

Contracts of Indemnity

Indemnity contract and guarantee, Rights of indemnity holder,

31

Contracts of Guarantee & Bank Guarantee

BG

32

Letters of Credit

LC – Parties, types, Documents, UCP 600

33

Deferred Payment Guarantee

Payment terms

34

Laws Relating to Bill Finance

NI Act, 1881, Classification of bills

35

Credit Cards, Home Loans, Personal Loans, Consumer Loans

All topics

36

Priority Sector Advances

PSL – Targets, Categories, Common guidelines

37

Agricultural Finance

Short term loans – Crop loan, KCC, Loan against gold ornaments, PMFBY

38

Finance to MFIs/Co-Lending Arrangements with NBFCs

NBFC, Co lending

39

Micro, Small and Medium Enterprises in India

MSME, TReDS, Credit guarantee fund scheme

40

Government Sponsored Schemes

NRLM, NULM, PMJDY, PMSBY, APY, Mudra loan, Khadi village commission

41

Self-Help Groups

SHG – Forming and bank linkage

Module C- Banking Technology

42

Essentials of Bank Computerisation

Networking technologies, CBS,

43

Operational Aspects of CBS Environment

CBS – BOD, EOD, Password control, Roles and responsibilities

44

Alternate Delivery Channels – Digital Banking

ATM, Electomagnetic cards, PPI, Electronic banking

45

Data Communication Network and EFT Systems

Network scenario in India, SWIFT, Automated clearing system

46

Digital Payment Systems – NPCI

NFS, NACH, IMPS, BHIM, BBPS, Bharat QR

47

Impact of Technology Adoption and Trends in Banking Technology

EDI, Emerging technology trends in banking,

48

Security Considerations and Mitigation Measures in Banks

Threats, Control, IS Audit, Online frauds and security

49

Operational Aspects of Cyber Crimes/Fraud Risk Management in Cyber Tech

Risks related to cyber attacks, Cyber threats, VAPT, Effective incident response plan

50

Technology trends in Banking, e-RUPI, Fintech – RegTech, SupTech, Hashtag banking etc

E-RUPI, UPI, Hastag banking, Open banking

Module D- Ethics in Banks and Financial Institutions

51

Ethics, Business Ethics & Banking: An Integrated Perspective

Ethics, business ethics – principles

52

Ethics at the Individual Level

Values, norms, belief

53

Ethical Dimensions: Employees

Obligations to bank, to third parties, to NBFC, Abuse of official position,

54

Work Ethics and the Workplace

Benefits of work place ethics, unethical behaviours, whistle blowing,

55

Banking Ethics: Changing Dynamics

Role of IT in banking, Data security and privacy, IPR, Patents, Cyber threats

Retail Banking and Wealth Management (RBWM) Paper 4

Important Topics

Module A: Retail Banking

S.no

Chapters

Important Topics

1

Retail Banking: Introduction

Characteristics of Retail banking, Advantages of retail banking, Constraints in retail banking, Reasons for growth of retail banking segment.

2

Retail Banking: Role within the Bank Operations

Business models

3

Applicability of Retail Banking Concepts and Distinction between Retail and Corporate/Wholesale Banking

Distinction between retail and corporate/wholesale banking

4

Branch Profitability

Gross profit, net profit, operating profit, Return on asset, Return on equity, Branch operating efficiency, Factors affecting profitability, Strategies for improving efficiencies of banking operations.

Module B: Retail Products and Recovery

5

Customer Requirements

Maslow’s theory and customer requirements

6

Product Development Process

Product life cycle, New product development, asset & liability product,

7

Credit Scoring

Credit scoring model, Issues & mistakes in credit scoring, Credit information companies in India.

8

Important Retail Liability Products

Types of deposits – current, savings, recurring deposits.

9

Important Retail Asset Products

Types of loans – home loan, auto loan, personal loan, educational loan, PMAY

10

Credit and Debit Cards

NPCI, Bharat QR, Co branded cards

11

Remittance Products

NEFT, RTGS, ECS, BBPS,AePS, NACH

12

Digitisation of Retail banking products

INFINET, SFMS, IDRBT,NFS, IBCC

13

Uses of AI and Technology in Retail Banking

Benefits of AI in banking and technology & retail banking

14

Recovery of Retail Loans

Classification of irregular loan accounts, SARFAESI Act, DRT, Lok Adalat

15

Management Information Systems

Role of MIS in banking

16

Securitization

Securitisation of assets

Module C: Support Services – Marketing of Banking Services/Products

17

Marketing – An Introduction

Marketing mix,

18

Delivery Channels in Retail Banking

Channel experience, ATM, Internet banking, IMPS, BHIM, UPI,

19

Delivery Models

DSA, Dedicated marketing managers

20

Customer Relationship Management in Retail Banking

Why CRM, Implementation aspects & stages of CRM, Benefits of CRM

21

Service Standards for Retail Banking

BCSBI code of banks commitment, customer grievance handling mechanism

22

Marketing Information Systems- A Longitudinal Analysis

MKIS – Functions, components, advantages

Module D: Wealth Management 

23

Importance of Wealth Management

WM products and services, alternate asset

24

Investment Management

Portfolio management

25

Tax Planning

Taxation – classification, concept of previous year and financial year, Residential status, Old and New tax regime, Investment product for tax saving

26

Other Financial Services Provided by Banks

Mutual fund, Social security insurance schemes, Cross selling

Additional Reading Material on Home Loans

27

Lender’s Appraisal Procedure

Mortgage, documentation, registration of documents

28

Housing Finance and Tax Planning

Tax benefits in respect of housing finance

29

Mortgage Advice

Time value of money interest and annuities, capital gains

30

Valuation of Real Property

Sinking fund, Reverse mortgage

Exam Preparation Options

Indian Economy & Indian Financial System (IE & IFS)

Indian Economy & Indian Financial System (IE & IFS) Paper 1

  • Question bank covering important concepts based on the latest examination pattern.

  • 400 questions with answers and detailed explanation.

  • Revision Question Banks that test overall preparation and guidance.

Read more..
JAIIB Principles and Practices of banking (PPB)

Principles & Practices Of Banking (PPB) Paper 2

  • Question Papers based on examination pattern covering all Modules.

  • 400 MCQs with answers and detailed explanations.

  • Timed Revision Question bank with numericals and quantitative questions.

Read more..

Retail Banking & Wealth Management (RBWM) Paper 4

  • Question bank covers all modules based on latest exam pattern and weightage.

  • 300 questions with answers and detailed explanation.

  • Revision Question Banks that test overall preparation and guidance.

Read more...