To cut a long story short, you need to study all three books
sincerely.
Clearing JAIIB and CAIIB will provide you
better understanding of banking and finance domain, will provide you benefits
in promotions on top of lifetime extra increments for clerks as well as
officers. You should aim to clear these two exams as early as possible.
These are flagship courses of IIBF.
Passing criteria is score of 150 total for three papers combined, minimum acceptable
passing marks for each paper is 45.
Question pattern-
Total
questions - 120, time 2 hours
Mix of
0.50, 1 and 2 markers.
Note
that securing high marks is extremely tough in these exams as 2 markers are
generally difficult. But, majority of 0.50 and 1 markers are direct from
Macmillan books.
Only pass/fail is what
matters.
Subject 1
Order of reading-
Module D
--> Module C --> Module B --> Module A
1. Wherever you find xyz's classification, high probability they will be
asked -with one wrong choice or may be definition.
Example-
Page 637 Components of MKIS
Page 583 Pricing strategies
Page 541 4Ps 4Cs 4As
Page 456 Modes of transmission
Likewise pay attention to types / classifications wherever you come across.
2. Dates/ value based
Example
Unit 8- Basel III Capital
Regulations implemented on?
Unit 4- Min amount of CD?
Subject 2
If you are not from commerce background, strenuous effort will be required to
grasp module B and C.
Order of Study- D--> A--> B--> C
1. Module A is business mathematics which people tend to avoid, but believe me,
very simple formula based questions are asked from these chapters. Few
questions will be tough but very easy 2 markers were asked from this Module.
Note-
i) Please give proper time to
CI/SI/ EMI/ present value/ future value concepts,formulas .
First 3 chapters will be applications of these formula only. Still, if finding
difficulty or confusing, skip.
ii) Don't skip chapter 4 +
5 + 3(non discounting cash flow techniques), some 2 markers come from
these topics and they don't need PVIFA, PVIF etc concept. They are easy even if
you are having non-commerce/non mathematics background.
iii) Chapter 15- Ratio
Analysis- numerical will be asked from this chapter as well.
Around 30-35 marks expected from this above topics.
2. Module D- You can expect 15-20 marks questions from this module which are
easy and theoretical in nature.
3. Module B, C - Debit/ Credit concept, account to be credited, account to be
debited, golden rule etc. Google /youtube them as you may find them confusing if
reading for the first time. Questions will revolve around these concepts only.
Subject 3
Order of study- D--> B-->C-->A
1. Start with Module D, chapters are more in number but each chapters are not
beyond 3-4 pages, and fully theoretical. Will not take much time.
2. After D, move to B, few chapters will be repetitive but detailed.
3, Module C is equally important. Read.
4. Less questions are asked from module A, still kindly don't skip it. You may
end up losing easy marks.
5. Again apply same strategy I mentioned for Subject 1- pay special attention
to types/ classification.
Example-
Types of mortgage
Some general guidelines-
1. Since, no negative marking attempt all questions.
2. Read the questions carefully, pay attention if 'NOT' is being asked.
3. Plenty of case based questions will be there. Sample case based question-
Mr X got issued a draft on name of ABC construction worth Rs 37,00,000 from Allahabad Bank, Salt Lake Sector I branch. Later, on coming home he found that draft to be missing. He went back to branch asking for cancellation of draft. What bank will do?
A) Bank will cancel the existing draft and issue fresh draft after receiving issue charges/fee again.
B) Bank will reject request citing that is it prepaid instrument.
C) Bank will ask for indemnity bond for reissue.
D) Bank will ask for FIR for reissue.
E) He needs to complain ombudsman to get approval.
(Similar question was asked)
4. Please don't forget going through chapter-end summary and questions given for each subject.
5. Revise at least once. Important, otherwise in exam you may find options to be confusing.
Some general guidelines-
1. Since, no negative marking attempt all questions.
2. Read the questions carefully, pay attention if 'NOT' is being asked.
3. Plenty of case based questions will be there. Sample case based question-
Mr X got issued a draft on name of ABC construction worth Rs 37,00,000 from Allahabad Bank, Salt Lake Sector I branch. Later, on coming home he found that draft to be missing. He went back to branch asking for cancellation of draft. What bank will do?
A) Bank will cancel the existing draft and issue fresh draft after receiving issue charges/fee again.
B) Bank will reject request citing that is it prepaid instrument.
C) Bank will ask for indemnity bond for reissue.
D) Bank will ask for FIR for reissue.
E) He needs to complain ombudsman to get approval.
(Similar question was asked)
4. Please don't forget going through chapter-end summary and questions given for each subject.
5. Revise at least once. Important, otherwise in exam you may find options to be confusing.
