JAIIB & CAIIBText Books by IIBF

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CAIIB Books set by IIBF

What are LAN and WAN JAIIB Principles and Practices of banking Module C

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Firstly Let us know about basics of Networking,
What are LAN and WAN JAIIB

What is Network?

  Interconnecting 2 or more systems in a manner to share its resources (data packets, softwares, memory, common medium).

There are many ways to do networking, Some of those are,

LAN,  WAN, MAN,  GAN. in this Unit we will talk about LAN and WAN.

>>>> LAN (Local Area Network)[ ex: your Building or local area] : if 2 or more computers (Nodes) are interconnected within a range of 100 meters it is called as LAN.  In this LAN there is One Central Node (Server) providing and controlling all the services of the network.

Nodes Required      :    Minimum -2                    Maximum - 1000
RangeCan Spread   :    Minimum (any)               Maximum 100 meters (can also be 1 km)


>>>> WAN (Wide Area Network)[ ex: your City or Country area]is known as Large scale Computer Network.


It is a huge size network sizeable geographic area.
In banking terminology it is useful in interconnecting branches. Generally these types of networking is used in telecommunications. So banks used these type of network with help of telecommunications known as Leased lines Network. it can be also through ,Satellite links / microwave links.

>> Generally in WAN Data transmission speed is slower than LAN.


Topology 

   Now we know what is Network, Then what is topology?. Lets see,

>> The way you interconnect computers (creating network) is known as "Topology".
>>  There are Nodes (computers), Cables to connect Nodes to form a Network.
>>  There are 3 types of Topolgies. (according to our syllabus),       They are,

* Bus Topology (known as Basic topology)
* Ring Topology    
* Star Topology


In bus topology there is one continuous cable and all nodes are connected to throug that cable.
it is easy to setup.


one central node is there in star topology. known as master server, all other nodes (clients) are connected to master separately by separate cable.


all nodes are interconnected in loop or ring format. data transmission is possible in one direction only. the disadvantage is, if one node fails entire LAN will fails.


Protocols

 "The Protocols are the Rules for communication between similar modules of processes, usually in different nodes."

Let us  take an example that if you ask a security guard of army or navy or ministry of affairs about their future activities, they will say that their Protocols don't agree. that means they don't have permission (security) to say out. Like that every node in a network should follow protocols to communicate each other.

>>>> UPS (Uninterrupted Power Supply)

  UPS provides continuous AC power supply to computer systems to protect them form power breakouts.  There are 2 types of UPS. They are

*  Online UPS (Banks use these type of UPS system in Branches/Offices)

     In this type of UPS , The main 230V input current is converted into 48V DC and from the battery charger cum rectifier is then converted to a 230V AC, even in the case of main supply available and the power is supplied to the computer systems. If power failure occures, the  48V DC is supplied by the batteries.

*  Offline UPS
   
   In this battery charger and inverter are 2 seperate parts.


>>>>>>>Core Banking

  In this there is centralised Host, to which all branches are connected. All Alternate Channels are incorporated under one umbrella. All transactions are effected in real time in server, So all channels are effected at real time. Real time settlements, Electronic funds transfers are possible.


PDC (Primary Data Centre)

 Known as central host for online transactions,
 works round the clock 24 X 7 X 365.

DRS (Disaster Recovery Site)

  To avoid Distruption in daily Bussiness activities,
  To ensure non stop functioning of the bank,
  To act as Backup for Primary data center.

BPR (Bussiness Process Re-engineering)

 Its useful in Introducing New technologies to existing CBS platform.


Check your Progress: (This is the end of IIBFs JAIIB books practice bits. This is for Education Purposes only)

l. A computer network mainly used to share

(a) Data
(b) Software
(c) Hardware
(d) All of the above
(e) None of these

2. Terminals connected to a server is known as

(a) Clients
(b) Nodes
(c)  (a) & (b) 
(d) CPU
(e) None of these


3. For uninterrupted power supply in branch computerisation, the following device is used,

(a) Online UPS
(b) Offline UPS
(c) Convertor
(d) Generator
(e) None of these



4. Proper functioning of a computerised System is ensured by

(a) Generation of audit trails
(b) Exceptional transaction report
(c) Tallying of cash book 
(d)  All of the above
(e) None of these


5. In muiti-user computer networking

(a) Computers are based on a centralised processing concept
(b) Various terminals are attached to the main computer
(c) All data and information is kept on the main computer
(d) Large No.of users can be connected to a central computer
(e) All of above


6. In star topology

(a)Each node is joined to the central node by a separate link
(b) Devices are connected in a closed loop
(c) Information is passed from one node to the another in series
(d) Devices on the network are connected to a single continuous cable 
(e) All of above


7. In bus topology

(a) Each node is joined to the central node by a separate link
(b) Devices are connected in a closed loop
(c) Information is passed from one node to another in series
(d) Devices on the network are connected to a single continuous cable
(e) All of above


8. In ring topology

(a) Each node is joined to the central node by a separate link
(b) Devices are connected in a closed loop
(c) Information is passed from one node to the other in series 
(d) (b) & (c)
(e) All of above


9.  In Core banking system 

(a) Branches are connected to a central host
(b) Branch automation modules and delivery channels are incorporated
(c) Transactions are done centrally and online
(d) All of above
(e) None of these


10. Benefits in Core Banking is

(a) Reliable centralised data recovery
(b) Data warehousing and data mining technologies
(c) Integrated customer centric services
(d) Core infrastructure can be used for future expansion
(e) All of above


ANSWERS (TO CHECK-YOUR PROGRESS):

1- (d     2. (c).    3. (a),   4. (d)      , 5. (e),      6. (a),     7. (d).       8. (c),     9. (d),       10. (e)

Thank you friends, keep smiling.........


Guidance will continuessss.............!!!!!!!!!!!!!!1
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DA from May 2016 reduced by 6 Slabs (0.60%) Check chart how much reduced for you.

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Dearness Allowance – 6 Slabs (0.60%) reduced from May 2016

DA chart for the months of May 2016 to July 2016
420 slabs :: DA Rate 42.00%

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DA rate reduced by 6 slabs from May 1, 2016.

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Dear Friends one bad news to bankers is DA rate reduced by 6 slabs from May 1, 2016
  and the New rate of DA is reduced by 0.60% to 46.00%.
So the chart will be uploaded soon.
Keep smiling......!!!!
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JAIIB : Principles and Practices of Banking : Module C Lessons : Part 1

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JAIIB Module C Lessons : Part 1

Dear Friends, Today we are Starting JAIIB course with Module C  (as it is easy module among 4 modules). If you have any Doubts please write in comments.

In Module C ( Principles and Practices of Banking ) ,
Our First chapter is    Essentials of Bank Computerisation. 
in this lessons we learn the following,

     Essentials of Bank Computerisation.

  ---->         Need for Bank Computerisation,
        ---->         LANs and WANs,
               ---->          UPS (Uninterrupted Power System),
                     ---->               Core Banking.




What is the Need for Bank Computerisation ?




 
>>>>        The main Objective of Bank computerisation  in India is not to Replace men with machines, Rather to make work life meaningful.

>>>>      As banking industry manages large volumes of data to make it as useful information and to make it reliable, robust and inevitable.

>>>>     To introduce new way work with new technology to the organisations, systems and attututes of the woring industry.

>> The concept of Bank computerisation Practically started after 1980-81 and more precisely gained pace in the year 1983-84. after setting up a committee was setup to study the possibilities and stages involved in bank computerisation and to prepare guidelines for the same.

>>the report submitted by committee in the year 1984 was known as first Rangarajan Committee on bank mechanisation.

>> Another Committee was constituted in 1988 by Dr. C. Rangarajan to draw up a perspective plan on bank computerisation for 5 year period 1990-94.


Need for Computerisation are,

a) Customer Service,
b) housekeeping,
c) Decision - Making,
d)  Productivity and Profitability.

Stand-alone Computer System (only one user at a time can operate)

>> These systems are best suited for the decision making process
>> The managers, executives who are responsible for making managerial decisions benefits from suc           systems
>> Stand-alone systems can not be used in a multli user environment (but these systems are easily            connected to existing multi user environment to access corporate database and other shared                   information and resources.
>>  In such cases a stand alone system is called as Workstation or Node.


Multi-User Systems, (any no.of users can operate at same time)

>>  Several people can operate at same time.
>>  Examples are, Mini computers, Main frame computers, Micro computers and more powerful              super computers all fall under this category.


Branch Level Computerisation,

 We should know about Branch Level Computerisation for 2 reasons,

>> 1 Customer interface is maximum at branch level,
>> 2 Online Transactions Processing at Branch level.

*  Computerisation at the branch level can be used to,
*  Provide better & speedy customer service
*  Improve house keeping services
*  Analyse the Branch level data for decision making
*  Generation of various reports




Total Branch Automation,

>> Whenever a branch transaction is entered through a terminal (computer), the transaction is                     recorded.
>>  and it is verified and authenticated and all corresponding updates are reflected instantly.
      So canges are effected without time lag
>> By using total branch computerisation it is possible to provide the "Single window" transactions           concept.
>> Useful for  EFT (Electronic Fund Transfer), ATM (operated at branch level itself) some off site           ATMs are also linked to branch level.

Computerisation at Regional / Circle / Zonal Office

>> Effective control over the functioning of the Branches.
>> they can manage Branch Profile, Branch Profits, Credit monitoring,Personnel data management,            Inter Branch Reconciliation,
>> Most of the ROs/ZOs equipped with minicomputers and Unix as OS with Informix, oracle etc, as        databases back ends and applications are either software from different vendors or devoloped in          house using COBOL, BASIC etc languages.

Computerisation at Head Office

>> Computerisation at Head office level will provide ,
        Operations,  Planing, Personnel, International Bussiness, Services ,
>>  Personnel management and administration support
      Investment Portfolio managemnt
      Branch Profiles
     Credit Information Systems

End of the topic (only Computerisation needs).

Continueessss..........!!!!!!!!

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India asked Britain to Send back liquor baron Vijay Mallya from London.

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India asked Britain to Send back liquor baron Vijay Mallya from London.

India has asked Britain to deport liquor baron Vijay Mallya, who flew to London last month. The State Bank of India-led consortium of banks is building pressure on Mallya to repay the Rs 9,500 crore owed by his defunct Kingfisher Airlines (KFA).

The ministry of external affairs has written to the British high commission seeking Mallya's return so that "his presence can be secured for investigations against him", under the Prevention of Money Laundering Act, official spokesman Vikas Swarup told the media here on Thursday. He said that the Indian high commission in the UK will also be issuing a similar note to the UK Foreign and Commonwealth Office.

Swarup also emphasised that India will continue pursuing Mallya's deportation with UK authorities. The Enforcement Directorate (ED) had approached the ministry seeking initiation of deportation proceedings against Mallya, charged with money laundering in the Rs 900-crore IDBI loan fraud case.

The ED has accused Mallya's UB Group of diverting Rs 430 crore of bank loans taken for KFA to buy property overseas. A non-bailable warrant against Mallya had been issued by a special judge in Mumbai as he did not appear for the hearings, thus strengthening the government's case to get him deported. The ED has also decided to make a formal request to Interpol to issue a Red Corner Notice against Mallya.

The premier investigative agency's move comes in the backdrop of Mallya's counsel C.S. Vaidyanathan stating in the Supreme Court that the businessman does not plan to return because he might be taken to Tihar Jail as soon as he lands. Mallya has not disclosed his whereabouts since flew he from Delhi to London on March 2 after attending a Rajya Sabha session.

Meanwhile, lenders have decided to auction the trademarks of KFA, including the 'Kingfisher logo and once famous 'Fly the Good Time' tagline on April 30. The reserve price for the trademarks, which also include Flying Models, Fly the Good Times, Funliner, Fly Kingfisher, Flying Bird device, has been kept at Rs 366 crore. In its annual report for 2012- 13, KFA had said that at its peak, it was the largest airline in India with a five-star rating from Skytrax.
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Consolidation (Integration) among Public Sector Banks by R.Gandhi, Dy. Governor of RBI

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Consolidation (Integration) among Public Sector Banks by R.Gandhi, Dy. Governor of RBI

Today Our R. Gandhi Sir, (Deputy Governor of RBI) released a PDF file regarding Consolidation among Public Sector Banks. The letter is as follows below,

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What Books to Follow / Prepare for JAIIB and CAIIB ?

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Dear Friends, Though we give materials and Guidance and Explanation of Each topic in upcoming Posts, So many People have asked us about What books should to follow for Preparation  for JAIIB and CAIIB.


First of All, I would like to say one thing, So many of us have one doubt regarding What Books to Prepare.   So many People who are preparing for JAIIB / CAIIB might have seen IIBF's Books of JAIIB/CAIIB (MacMillan books by IIBF). If you see those books you will get fear about completing JAIIB/CAIIB. Why because they (who are preparing for JAIIB / CAIIB) think that they don't have time to prepare after their hectic work and pressure, they don't have too much time / interest to read these huge volume books (just kidding about books look). After that they will get Question how to complete these books in less time?.


Let us see one Example,

There is one ball of cotton  (Let us say it's radius 10 cm)
What Books to Follow / Prepare for JAIIB and CAIIB ?



and one more ball of Iron  (Let us say it's radius is 3 cm)

                                                   What Books to Follow / Prepare for JAIIB and CAIIB ?

Which one is Heavier ?   Obviously  Iron ball, Right.   

In this example,

    Cotton ball is IIBF books they provide useful examples after every topic and chapter. and blank pages also there. Thats why it looks like a monster but its not in reality. 

   Iron ball is other Private Institutes books, They don't leave even small line at the end of each page because to make you illusion as their books well covered and easy & small books to read. 
So Friends don't trust those private institutions classes/books.

Just remember one saying "All that Glitters is not Gold" like that all small looking books are not good and not fully covered the subject.

though we give each topics explanation Please read Summary and Bits at the end of each chapter in IIBF's books (they are very very important to learn and understand what the topic about)

We give guidance and explanation of each topic in upcoming posts one by one.


So don't worry Be Happy Keep Smiling and Stay Tuned with www.Bankr9.com

Guidance will continuessssssssss...................!!!!!!!!!!!!!!!!!!!!!!!!!
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No Holidays for Bankers in the months of MAY & June 2016

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No Holidays for Bankers in the months of MAY & June 2016


Dear Freinds one Bad News for you,

  As we Enjoyed too many holidays in the month of April (till now from January 2016) we don't have any Additional Holidays in MAY and JUNE months (Except 2nd and 4th Saturdays & Usual Sundays).

So If you want to get Some Relief from the Hot Sun in this Summer you have to get at least two leaves per month (only this two months).

Suggestion 1 : Take 1st and 3rd saturdays as leaves. then you will have to                               work 5days week.
Suggestion 2 : If available use your UCL (Unavailed Casual Leaves).

Thank you keep smiling..........................!!!!!!!!!!!!!!1
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CAIIB introduction and syllabus Rules 2016

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CAIIB introduction and syllabus  Rules 2016

CAIIB Exam Details in short (common to all 3 papers)

Duration               :  2 Hours

Marks                   :  100 Marks
No.Of Questions   :  100  (there will be only 1 mark questions)

ELIGIBILITY  for CAIIB:
Candidates must have completed JAIIB (PART-1) By IIBF and their membership subscription should not be in arrears.

CAIIB Examination have 3 papers as in JAIIB. But in CAIIB there are 2 Compulsory papers and 1 objective papers (among 11 papers).

 Compulsory Papers  for CAIIB:

1. Advanced Bank Management

2. Bank Financial Management

Elective Papers  for CAIIB (Candidates have to choose any one of their Choice):

1. Corporate Banking                        7.   Human Resources Management
2. Rural Banking                              8.   Information Technology
3. International Banking                    9.   Risk Management
4. Retail Banking                             10.  Central Banking
5. Co-operative Banking                   11.  Treasury Management
6. Financial advising

Most of the persons will choose Retail Banking as it useful in regular banking practices.
Most easiest paper is Rural banking, If you are IT student you can go for Information Technology (you can also go with Retail banking for first time to complete CAIIB, After passing CAIIB you can complete IT paper as certification course, or even remaing papers you can complete)

EXAMINATION FEES  for CAIIB:

First Block of 2 attempts `2,700/-  (+ Service Tax and + Swach Bharat Tax)
Second Block of 2 attempts `2,700/- (+ Service Tax and + Swach  Bharat Tax)

PASSING CRITERIA for CAIIB:

(i) In the CAIIB also pass marks are same as in JAIIB.

(ii) Candidate securing at least 45 marks in each subject with an aggregate of 50% marks
in all subjects of CAIIB examination in a single attempt will also be declared as having
passed CAIIB Examination.

 i.e, Minimum marks for pass in every subject - 45 out of 100 marks. and Average should be 50% of total 3 papers (for example if you get scores like 45 and 45 and 60 in one attempt you will be called as pass. if you get marks like  50, 55, 44  in single attempt then you  are not called as pass, in this case you passed only two papers but next time you have to get minimum 50 as you are attempting 2nd time)

(iii) Candidates will be allowed to retain credits for the subject/s they have passed in one attempt
till the expiry of the time limit for passing the examination as mentioned below.

TIME LIMIT FOR PASSING THE EXAMINATION  for CAIIB: is 2 years. If you not passed in 2 years (4 attempts), you have to re-enroll your self for CAIIB again by submitting fresh Examination Application Form. Such candidates will not be granted credit/s for subject/s passed, if any, earlier.


Download CAIIB 2016 Rules and Syllbus  Click Here

And Guidance will Continuessssss....................!!!!!!!!!!!!!!!!
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Several employees of IDBI Bank are transferred & suspended

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Several employees of IDBI Bank are transferred & suspended

Several employees of IDBI Bank, who went on a strike at the end of the last financial year to protest against the government's move to lower its stake below 51%, have been transferred, while 11 have been suspended after the management took a grim view of their conduct.

Bank employees said nearly 200 of their colleagues have been transferred across the country with some of the leaders in cities such as Guwahati and Delhi being on the list. A senior bank executive, however, said around 50 employees have been transferred across zones, a decision that was taken by the central office, adding that he did not have the numbers for intra-zone transfers. He also described some of the transfers as routine.

"As a bank we have been mild. The number of suspensions is small considering that the action of some people affected the bank at a very critical time, which is end of the financial year," said the executive.

IDBI Bank employees brought work to a standstill during the last week of March to protest against the government's move to reduce its stake and offload it to international and institutional investors.
Sources said the management has taken exception to some of the posts that were circulated via social media, including a call to withdraw salaries from bank accounts so that IDBI Bank's deposits were lower at the end of the year. Similarly, some of the employees who accused part of the top management of being corrupt, have been suspended. "There were derogatory comments that were circulated through social media and WhatsApp, which cannot be be condoned," said a source in the government.

Employees were quite vocal in their protests at town hall meetings across the country that were attended by IDBI Bank MD & CEO K P Kharat, deputy MD B K Batra and other senior executives.

However, the government has not altered its plan and is holding firm despite other unions joining the protest. The All India Bank Employees' Association, for instance, has included dropping IDBI Bank privatisation plans as one of the demands, while calling for a strike next month.
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If you want to apply for a job in SBI, any default on loans or credit card payment will render you ineligible.

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If you want to apply for a job in SBI, any default on loans or credit card payment will render you ineligible.

SBI, which is in the process of recruiting junior associates (customer support and sales) and junior agricultural associates in clerical cadre, has stipulated that candidates with poor credit record will not be eligible for jobs at the lender

SBI has advised aspirants to check their credit history with the Credit Information Bureau Ltd (Cibil) before applying for posts in the bank. Cibil collects and maintains records of an individual’s payments pertaining to loans and credit cards.

SBI Says “Candidates with record of default in repayment of loans/credit card dues and/or against whose name adverse report of Cibil or other external agencies are available are not eligible to apply for the post,”  

While BEFI(Bank Employees’ Federation of India) said "If a candidate availing education loan should not be equated and considered at par with wilful defaulters in the strict commercial sense of the term. It is very natural that this group of borrowers can start repaying their debts only when gainfully employed.”.

BEFI requested SBI to look into the matter and tell the authorities concerned to add an appropriate rider to ensure applicants who have availed education loan are not pushed out of the range of consideration for recruitment in SBI or in any other government lender.

What is CIBIL?

CIBIL (Credit Information Bureau Ltd) collects and maintains records of an individual’s payments pertaining to loans and credit cards of All banks and Financial Institutions in India.
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Labour Minister Shri Bandaru Dattatreya at 23rd General Body Meeting of SBISUHC

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Labour Minister Shri Bandaru Dattatreya at 23rd General Body Meeting of SBISUHCLabour Minister Shri Bandaru Dattatreya at 23rd General Body Meeting of SBISUHC

SBI is not only the country's No.1 Commercial bank but also the Most Trusted Bank of All, Says Shri. Bandaru Dattatreya Union Minister of State for Labour and Employment (Telangana) at SBISUHC 23rd General Body Meeting @ Gachibowli Stadium held on 23rd & 24th Of April 2016.

and he Added,

Speaking at the combined inaugural session of the General Body Meeting of the All India SBI Staff Federation and the Hyderabad Circle Unions held here, he said all the government transactions have been made through the SBI only since the last 60 years.


He said the Provident Fund (PF) amounting to about Rs 8 lakh crore was deposited in the Bank and a majority of new accounts under the Jan dhan Jojana were also opened in the SBI.

 He said there was a need to change the Labour Acts framed way back between 1925-1940. The centre was ready to change the Acts if unions came forward for the same.



Mr Dattatreya said the SBI was also in the forefront in extending support and succour during natural calamities under CSR initiative. The SBI had constructed pucca houses to the people affected by Gujarat Earth Quake in 2001 and Tsunami victims in 2004.

 At Hyderabad Circle level also, the affiliate union went to the rescue of the worst affected schools by the Hud Hud Cyclone in Visakhapatnam and constructed school rooms and dining hall for the school children, he added. Around 7000 delegates and observers from all over the country were attending the General Body to deliberate on various issues faced by the banking industry.
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Tip Of The Day 5

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earn and save money
Dear Friends,

     Good Evening.  Today's Tip is,

TIP:   If you want to help others  earn 10 times and donate 1 time of your Earnings ( For Example: Earn 100 Rs then you can donate 10 Rs [or Less] )Otherwise don't Donate. Why because if you don't have enough money you can not Donate but if you Donate without earning, Nobody will Donate to feed you.  Take Care of this.  All should Stand on their Own then only everybody will survive. Nobody should rely on others help. All should have to be Independents from others. Nobody should open hands for helping. So what I mean is,

"You Have So much Talent Than Others, You are hiding / Hesitating  about your talents. Be courageous and Bold. You Deserve it and Trust in you."  -- www.Bankr9.com.
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SBISUHC's 23rd General Body Meeting of held on 23rd & 24th of April 2016

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SBISUHC's 23rd General Body Meeting of held on 23rd & 24th of April 2016
SBISUHC's 23rd General Body Meeting held on 23rd & 24th of April 2016 @ Gachibowli indoor stadium. 

For Remaining Details Stay tuned to www.Bankr9.com.

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Paper 3 of JAIIB is Legal and Regulatory Aspects of Banking

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Paper 3 of JAIIB is Legal and Regulatory Aspects of Banking



JAIIB Exam Details in short (common to all 3 papers)


Duration               :  2 Hours

Marks                   :  100 Marks
No.Of Questions   :  120 (there will be 1/2 marks, 1 mark, 2 marks questions)

As we said in our earlier post Introduction to JAIIB by IIBF This Paper is tough (even than Accounting and Finance for Bankers paper) as it is full theoretical Paper. 


LEGAL & REGULATORY ASPECTS OF BANKING:

Let us discuss about this paper in overview.
This paper has 4 Modules (Module A, Module B, Module C, Module D) as usually.

Module - A (15-20 marks)*

Regulations and Compliance (This Module has 5 Topics)

 In this Module you will Learn
Constitution of Banks,
What are Banks,
Types of Banks,
Regulator of Banks,
What is Banking Ombudsman,
interests, Payment systems.........etc.

Give First  Preference to this Module (if you want to start with theory).


Module - B (25-30 marks)*
Legal Aspects of Banking Operations  (This Module has 14 Topics)

This Module will Discuss about Responsibilities of Banks while doing its duties.
and some more important topics those will come in CAIIB exam.

Some important and easy topics in this Module are,
Responsibilities of Paying/Collecting Banks,
Indemnities,
Bank Guarantees,
Letter of Credits(LoC, Very Very Very important Topic in whole JAIIB & CAIIB),
Types of Credit Facilities,
Secured and Unsecured Loans,
Deferred Payment Guarantee..........etc.


Module - C (30-35 marks)*
Banking Related Laws (This Module has 21 Topics)

  This Module is Heart of the Paper. Because all the laws are discussed in this Module.

  Don't think that reading years of Acts is sufficient. In This module all topics are very important topics and easy to study.

some topics are, 

SARFAESI ACT 2002 (introduction, Definition),
Banking Ombudsman Scheme 2006,
DRT Act,
Bankers books evidence Act 1891,
Legal Services Authorities Act,
Consumer Protection Act,
Tax Laws.................etc.


Module - D (30-35 marks)*
Commercial Laws with Reference to Banking Operations (This module has 28 Topics)

 If you see this Module for the First time you will get emotional tears as it is the most heaviest of all Modules (but we know a proverb All that glitters is not gold, its easiest among all the Modules). Because these chapters are simple and easy to learn topics (you can say this module as one liner stories). 

    These Module has all the related laws that we know in topics of Paper 2 (Accounting and Finance for Bankers).

Some topics are in this Module,

 Contracts of Indemnity,
 Contracts of Guarantee,
 Contract of Bailment,
 Contract of Pledge,
 Contract of Agency,
 Partnership Basics,
 Types of Companies..............etc.

How to Study:-

  We will guide you in preparing for JAIIB and make you to simply crack the JAIIB in one attempt.
Now here we are giving Priority wise study points to easily complete this paper.

Priority 1:  Module D

Priority 2:  Module C
Priority 3:  Module B
Priority 4:  Module A

          Here  we have given Priority 1 as  Module D why because if you study and complete this module as we said earlier all topics are like one liners (easy) part. you will get confidence over the subject and paper if you complete this Module as early as possible.

 Next Priority 2 as Module C (heart of the paper) why because this module has most Important Laws as explained in Module C but will takes time to study keep active till complete this module.

 Next Priority 3 as Module B because it has easy topics of this paper.

 Last But not least Priority 4 as Module A. As we said earlier if you are very interested in theory you can start this paper with this Module as it has basics of banking industry related topics.

* Marks may vary according to Examiners mood.

And Guidance will Continuessssss....................!!!!!!!!!!!!!!!!
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Tip Of The Day 4

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battery backup tips by bankr9
Hai Friends Good Evening,

     Today's Tip is, Now-a-days All are using Smart phones. But they thought that its battery is draining faster even if it is 3000mAh/4000mAh/5000mAh and tries to install battery saving apps. It is some what better. But not the best idea to save power in the battery, There is Best also by following some simple methods you can be Best.
  
Tip:   If you want to save your phones battery life follow my tips,
>>  Don't install too many Apps in your phone,
>>  Don't Install/Uninstall Apps Frequently,
>>  Don't Turn on Mobile Data / WiFi / Bluetooth when you are not using,
>>  Use less Brightness in Nights,
>>  If your battery is at last 10% (charging remaining in your phone) then try         to turn on U.Power Saving or Power Saving mode immediately.

Ok thank you Friends, Keep Smiling............!!!!

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JAIIB Syllabus (Updated) 2016

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JAIIB Syllabus (Updated) 2016

Dear Friends You might not know full Syllabus.
     Here we are giving syllabus Details in Full PDF to available anytime for you.

For JAIIB Syllabus Click Here
For JAIIB Updated Syllabus Click Here.   

Guidance Will Continuessssssssssssssss.................!!!!!!!!!!!!!!!!!!!

---------------------------------->>>>>>>>Keep Smiling<<<<<<-------------------------------------------

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Paper 2 of JAIIB is Accounting and Finance for Bankers

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Paper 2 of JAIIB is Accounting and Finance for Bankers


Previous Year JAIIB Question Papers

JAIIB Exam Details in short (common to all 3 papers)

Duration               :  2 Hours

Marks                   :  100 Marks
No.Of Questions   :  120 (there will be 1/2 marks, 1 mark, 2 marks questions)

As we said in our earlier post Introduction to JAIIB by IIBF This Paper is Most toughest (just joke not that much Tough) of All the JAIIB papers.


For Updated syllabus Module wise priority please Goto here


ACCOUNTING & FINANCE FOR BANKERS:

Let us discuss about this paper in overview.
This paper has 4 Modules (Module A, Module B, Module C, Module D) as usually.

Module - A (25-30 marks)*
Basics of Business Mathematics (This Module has 6 Topics)

This is Easiest module among 3 modules as it is calculative part as the Name suggests. I will say how much important it is, There is ABM subject (1st paper) in CAIIB. That subjects basic points are given here as basics in this Module A.
In this module you must read BASEL II - an overview because this is most important in our banking life and as well as in upcoming exam CAIIB (in one subject There is full module on this topic).
Some simple topics are,

Calculating Interest (Simple, Compound, EMIs, NPVs),
Basel II Accord Overview,
Calculating of YTM (there is easy formula to calculate this. we will discuss later)
Depreciation (Straight line method, Decling Balance method, Double Decling Balance method)
Foreign Exchange Arithmetic (so many people thinks it is diffcult, but if you study this basics you will also get good marks in ABM paper in CAIIB)

Module - B (25-30 marks)*
Principles of Bookkeeping  (This Module has 3 Topics)

This is the most important and most useful topics in our daily banking routines(duties) as it contains what is book keeping and accountancy.

What is Bookkeeping and its standards (known Accounting Standards)

it has 3 topics

    In 1st one there is basics of book keeping and its standards. There are 29 Accounting Standards You must be Familiar with this to complete this module B.
   In 2nd one there are accounting concepts at Recording stage and at Reporting stage in each one (there are 6 points to read)

   In 3rd one there are topics like, what is journal, ledger, petty cash, Head Cashier ledger..........etc (easy to study)

So it is the most important module in this Paper as title says accounting and bookkeeping to get good marks in this paper and also to get good knowledge in Banking Industry. 

Module - C (30-35 marks)*
Special Accounts (This Module has 12 Topics)

 As the title of this module suggests Special accounts it is the most priority module that you can give after Module A.

   In This is module all topics are very interesting and makes you curious to learn topics and easy to study.

some easiest topics are, 

Bank Reconciliation Statement,
Bills of Exchange,
Depreciation accounting (this would be like continuation to Depreciation topic in Module A.)
Consignment account,
Leasing Hire purchase,
Ratio Analysis,
Joint venture,
Accounts of Non trading organizations...........etc


Module - D (20-25 marks)*
Final Accounts (This module has 6 Topics)

In this Module there are some simple easy topics, those are 

Balance sheet Equation,
Partnership Accounts (very very important of this module),
and Final Accounts..............etc.


How to Study:-

  We will guide you in preparing for JAIIB and make you to simply crack the JAIIB in one attempt.
Now here we are giving Priority wise study points to easily complete this paper.

Priority 1:  Module A

Priority 2:  Module C
Priority 3:  Module B
Priority 4:  Module D

          Here  we have given Priority 1 as  Module A why because if you study and complete this module as it is fully calculative (also easy) part you will get confidence over the subject and paper.

 Next Priority 2 as Module C why because this module has most Important topics as explained in Module C above.

 Next Priority 3 as Module B because it has core topics of this paper and there are less topics (only 3) and  important after Module A, Module C.

 Last But not least Priority 4 as Module D In this module you must read Partnership Accounts and Balance sheet Equation as these topics are the heart of this module.

* Marks may vary according to Examiners mood.

And Guidance will Continuessssss....................!!!!!!!!!!!!!!!!


Previous year JAIIB Question Papers 
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