If your are preparaing for JAIIB/CAIIB exams that will start from 6th December to 27th December 2020, then you can’t have bigger opportunity than this. The legendry experts N.S.Toor and Murugan K, a well known name in the field of Bank promotion exams, are coming live on Adda247. The theme of this webinar is- Strategy for best Preparation for JAIIB in 30 days & CAIIB in 45 Days?

This webinar will start tomorrow 7th November 2020, 7:00 PM on Adda247 YouTube Channel/Murugan’s JAIIB, CAIIB FB page/ Toor’s YouTube Channel

To Attend this Seminar, Register Here

NS Toor Sir has authored several banking books in India including Handbook of Banking Information (in its 40th edition), Balance Sheet Analysis, Bank Credit Management, Credit Risk Management.

Murugan K has guided many individual to clear the Bank promotion exam.

The JAIIB/CAIIB 2020 exam will be held tentatively from 6th December to 27th December 2020. The registration process for these exams will start again on 9th November 2020 and will close on 22 November 2020.

Webinar Details- How to Kick-off your preparation for JAIIB/CAIIB exams in Nov-Dec 2020?

Date: 7th November 2020

Time: 7PM

Venue: Adda247 YouTube Channel/Murugan’s JAIIB, CAIIB FB page/ Toor’s YouTube Channel

To Attend this Seminar, Register Here

JAIIB & CAIIB Exams to Begin From 6th December, Check New Exam dates and Complete Schedule

Prepare CAIIB with N.S.Toor 

Prepare for JAIIB 2020

Q1. “Mr. Rama” a partner in “Rama & Co.” deposits a cheque drawn in his favour and endorsed by him in the name of the firm for credit to the firms account. You will–
(a)Not allow the same without verifying the genuineness of transaction
(b)Allow after getting consent of other partners
(c)Not allowed as the Bank may be liable for conversion
(d)Collect the cheque if otherwise in order

Q2. What is the main objective of white revolution?
(a)Increase in milk production
(b)Increase in cotton production
(c)Increase in white jute
(d)Increase production of white button mushroom

Q3. Where nothing is mentioned about a cheque being bearer or order, It should be treated to be payable to:
(a)It is consider as order cheque
(b)It is consider as bearer cheque
(c)It can be bearer or order it depends on the discretion of the bank
(d)It can be bearer or order it depends on the discretion of the payee

Q4. Which of the following statement is not correct about the close ended scheme?
(a)Restricts the freedom of entry and exit
(b)It allows the investor to enter and exit at his convenience
(c)It has a lock in period
(d)Investors cannot buy the units of a closed-ended fund after its NFO period

Q5. What is the maximum number of HUFs which can become partners in a partnership firm?
(a)Maximum- 2
(b)Maximum- 3
(c)Maximum- 4
(d)HUFs cannot become partner in a partnership firm

Q6. A and his wife W have a locker as either or survivor. Because of dispute, A asks the bank not to allow an operation by W. When W comes to operate the locker. Bank will do:
(a)Any of them can operate the locker because it is either or survivor
(b)Allow only joint operations as there is dispute between the customers
(c)Will not allow operations to W but will allow to A
(d)Allow operations by W as instructions are either or survivor

Q7. Which of following regulation pair does not match each other?
(a)Regulation of insurance market by- IRDAI
(b)Regulation of capital market by- SEBI
(c)Regulation of money market by- RBI
(d)Regulation of forex market by-SEBI

Q8. Ramesh and Suresh have a saving account with E or S operation mandate. A cheque issued by Ramesh with the validation of the cheque extended under the signature of Suresh was presented for payment. What will bank do?
(a)Pass the cheque
(b)Return the cheque
(c)Pass after getting signature of both
(d)Pass cheque as per discretion of the bank

Q9. In case of low risk category accounts fresh KYC should be obtained once in:
(a)3 years
(b)5 years
(c)8 years
(d)10 years

Q10. What is the meaning of the term “Power of Attorney”?
(a)The power of authority given to any person
(b)The power of withdrawing the money from anybody’s bank account
(c)A written document, authorizing anybody to do the work on behalf of the other person
(d)All of these

Watch the video to check the answers:

Click Here to Register for JAIIB and DBF Study Material

Prepare with,

JAIIB 2020– Download the study material on Law of Limitation for the upcoming JAIIB 2020 exam. If you are a member of IIBF then you must appear for Junior Associate of the Indian Institute of Bankers (JAIIB) 2020 Exam in May as it can boost your career. Though the last date to apply was 1st March,2020 but you can still apply till 15th March with a nominal late fee of Rs.100 and after 15th March till 22rd March,2020 with a nominal late fee of Rs.200.

JAIIB Exam: May 2020

Examination Date Time Subject
3rd May 2020 ONLINE – Will be given in the admit Letter Principles & Practices of Banking
10th May 2020 ONLINE – Will be given in the admit Letter Accounting & Finance for Bankers
17th May 2020 ONLINE – Will be given in the admit Letter Legal & Regulatory Aspects of Banking

Limitation of Documents

  • Law relating to limitation is contained in the Limitation Act, 1963.
  • It is the time limit within which legal action can be file in a court of law to enforce the right.

Period of limitation:

  • The limitation period bars the remedy of filing a suit but does not take away the right of recovering the debt
  • There is no limitation period in case of pledge or lien or right of set-off.
  • Date of execution of a document is excluded for the purpose of calculation of limitation period of a document.
  • A suit based on Demand Promissory Note dated 04.02.2017 can be filed latest by 04.02.2020.
  • If the courts are closed on the day the limitation period expires, case can be filed on the day the court reopens.
  • During the calculation of limitation period, that period will be excluded when executant was out of India.
  • Mentioned period of limitation cannot be extended or waived by mutual agreement.
  • Bankers’s right of general lien, right of set-off or sale of pledged goods  is not effected by law of limitation.
  • Right of suing to the borrower in his personal capacity can be executed within mentioned limitation period.
  • Limitation period can be extended by acknowledgement of debt or part payment.
  • For limitation period extension, acknowledgement or part payment can be by the borrower or his authorized person.
  • It should be before expiration of limitation period.
  • If limitation period expired it cannot be extend by part payment or acknowledgment.
  • Stamped aknowledgement of document does not extend the limitation period aganist the gurantor automatically

Limitation of Documents

Instrument Limitation
Demand Promissory Note 3 years from the date of execution
Bill of Exchange payable at a fixed time after date 3 years when the bill falls due
Term loan agreement with repayment schedule 3 years  from the date when the default occurs
To enforce payment of money secured by a mortgage 12 years from the date when the money becomes due
Suit by mortgagee for possession of immovable property   12 years from the date when the mortgagee becomes entitled to properly mortgaged
Letter of Guarantee 3 years from the date of determination of guarantee
Right of foreclosure by mortgagee 30 years from date when money secured becomes due
Execution of decree 12 years from the date of decree
Recovery of loss caused by fraud 3 years from date of detection of fraud
Appeal to file in High Court against judgment of lower court 90 days from date of decree
Appeal to file in other court against judgment of lower court 30 days from date of decree
Money paid by oversight in excess (SB/CD a/c) 3 years from date of discovery of mistake

Join Live Batches to Prepare for JAIIB Exams:

JAIIB & DBF 2020 Exam Date Postponed: JAIIB exam date 2020 was released by the Indian Institute of Banking & Finance (IIBF) on its official website and exam was scheduled in the month of may but  due to Coronavirus, JAIIB & DBF exams have been postponed. Revised dates are yet to be announced.  If you interested to know exact exam dates of JAIIB 2020 then stay tuned to bankersadda.

Click here for new batch for JAIIB preparation

JAIIB also known as Junior Associate of the Indian Institute of Bankers is conducted twice annually. The main agenda of JAIIB is to impart basic knowledge in banking and financial services, making healthy customer relations,basic accountancy and legal aspects necessary for carrying out day to day banking operations. Only in-service employees of the banking sector are eligible to appear for JAIIB. Whereas, DBF (Diploma in Banking and Finance) is open to non-banking candidates also who have cleared 10+2. There is no provision of Age Limit in JAIIB & DBF exam.

Click Here to Download Free Study Material For JAIIB

JAIIB Examination 2020

Interested candidates can check JAIIB Registration 2020 details in the table mentioned below. The complete JAIIB Notification 2020 will be released in due course.

Examination Date Time Subject
July/August ONLINE – Will be given in the admit Letter Principles & Practices of Banking
July/August ONLINE – Will be given in the admit Letter Accounting & Finance for Bankers
July/August ONLINE – Will be given in the admit Letter Legal & Regulatory Aspects of Banking


JAIIB May 2020: Registration Fee

(EXAMINATION ELIGIBLE FOR MEMBERS ONLY)
SR. NO. NAME OF THE EXAM ATTEMPTS Normal Examination Fees For Members (RS)
1 JAIIB First attempt fee 2,700*
Second attempt fee 1,300*
Third attempt fee 1,300*
Fourth attempt fee 1,300*

*Plus GST as applicable

  • From 24.02.2020 to 01.03.2020  – Normal Examination fees
  • From 02.03.2020 to 15.03.2020 – Normal Examination fees plus Rs 100/-
  • From 16.03.2020 to 22.03.2020 – Normal Examination fees plus Rs 200/-

JAIIB November 2020: Examination Date

Examination Date Time Subject
1st November 2020 ONLINE – Will be given in the admit Letter Principles & Practices of Banking
8th November 2020 ONLINE – Will be given in the admit Letter Accounting & Finance for Bankers
22nd November 2020 ONLINE – Will be given in the admit Letter Legal & Regulatory Aspects of Banking

JAIIB November 2020 exam dates are as follows:

  • From 01.09.2020 to 07.09.2020  – Normal Examination fees
  • From 08.09.2020 to 21.09.2020 – Normal Examination fees plus Rs 100/-
  • From 22.09.2020 to 30.09.2020 – Normal Examination fees plus Rs 200/-

Check JAIIB Syllabus 2020

DBF Examination 2020

Interested candidates can check DBF Registration 2020 details in the table mentioned below. The complete DBF Notification 2020 will be released in due course.

Examination Date Time Subject
To Be Notified Soon ONLINE – Will be given in the admit Letter Principles & Practices of Banking
To Be Notified Soon ONLINE – Will be given in the admit Letter Accounting & Finance for Bankers
To Be Notified Soon ONLINE – Will be given in the admit Letter Legal & Regulatory Aspects of Banking


DBF May 2020: Registration Fee

(EXAMINATION ELIGIBLE FOR MEMBERS ONLY)
SR. NO. NAME OF THE EXAM ATTEMPTS Normal Examination Fees For Members (RS)
1 DBF First attempt fee 32,00*
Second attempt fee 1,000*
Third attempt fee 1,000*
Fourth attempt fee 1,000*

*Plus GST

  • From 24.02.2020 to 01.03.2020  – Normal Examination fees
  • From 02.03.2020 to 15.03.2020 – Normal Examination fees plus Rs 100/-
  • From 16.03.2020 to 22.03.2020 – Normal Examination fees plus Rs 200/-

DBF November 2020: Examination Date

Examination Date Time Subject
1st November 2020 ONLINE – Will be given in the admit Letter Principles & Practices of Banking
8th November 2020 ONLINE – Will be given in the admit Letter Accounting & Finance for Bankers
22nd November 2020 ONLINE – Will be given in the admit Letter Legal & Regulatory Aspects of Banking


DBF November Exam 2020: Registration Fee 

  • From 01.09.2020 to 07.09.2020  – Normal Examination fees
  • From 08.09.2020 to 21.09.2020 – Normal Examination fees plus Rs 100/-
  • From 22.09.2020 to 30.09.2020 – Normal Examination fees plus Rs 200/-

Frequently asked Questions:

Q. What is the last date to apply for JAIIB?

Ans. The last date to apply for JAIIB 2020 was 22nd March 2020.

Q. Can a banking aspirant fill this form?

Ans. No, It is for candidates already working in the banking sector.

Q. Do I have to pay Registration fee JAIIB November 2020 as well?

Ans. If  a candidate wants to appear for JAIIB November 2020 then he/she has to pay the registration fee.

Check DBF Syllabus 2020

Click here for new batch for JAIIB preparation

Get Online Test Series & Video Course for JAIIB Exam

JAIIB Course for Specialists Officers of Banks

The Indian Institute of Banking & Finance, Mumbai has launched JAIIB course for Specialist Officers (SO) of Banks.The main agenda is to provide required level of basic knowledge in banking and financial services, banking technology, customer relations and legal aspects to the officers of Banks and Financial Institutions who are placed in Specialised cadre/s.

JAIIB Course for Specialist Officers: Eligibility

  • The examination is open to the Members and Non-Members.
  • Candidates must have passed the 12th standard examination in any discipline or its equivalent.
  • The officer should be in the Specialised cadre in a Bank/Financial institute.

JAIIB Course for Specialist Officers: Examination Subjects

Paper 1 : Subject : Banking I ( Principles & Practices of Banking)
Paper II : Subject : Banking II (Legal & Regulatory Aspects of Banking)

JAIIB Course for Specialist Officers: Passing Criteria

  • Minimum marks for pass in the subject is 50 out of 100.
  • 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.

NOTE: The examination will be conducted in two languages i.e. Hindi & English.

JAIIB Course for Specialist Officers: Examination Pattern

Question Paper will contain approximately 120 objective type multiple choice questions for 100 marks including questions based on case studies/ case lets. The Institute may however vary the number of questions to be asked for a subject.

  • The duration of the examination will be of 2 hours per subject.
  • The examination will be held in Online Mode only.
  • There will be NO negative marking for wrong answers.

JAIIB Course for Specialist Officers: “Class of Pass” Criteria  

The Institute will consider the FIRST PHYSICAL ATTEMPT of the candidate at the examination as first attempt for awarding class. In other words, the candidate should not have attempted any of the subject pertaining to the concerned examination any time in the past and has to pass all the subject as per the passing criteria mentioned and secure prescribed marks for awarding class. Candidates re-enrolling for the examination after exhausting all permissible attempts as per the time limit rule will not be considered for awarding class.

First Class: 60% or more marks in aggregate and passed in all the subjects in the FIRST PHYSICAL ATTEMPT.
First Class with Distinction: 70% or more marks in aggregate and 60% or more marks in each subject in the FIRST PHYSICAL ATTEMPT.

JAIIB Course for Specialist Officers: Examination Fees

The Each attempt fee for member and non-members  is Rs.2,000/- Plus convenience charges and Taxes as applicable.

JAIIB aims at providing required level of basic knowledge in banking and financial services,banking technology, customer relations, basic accountancy and legal aspects necessary for carrying out day to day banking operations.Only the members of the banking institute can apply for the JAIIB program. Any person who is  working in the banking and finance industry whose employer is an Institutional member of the Institute can apply for membership, for details visit IIBF website.

There is the limit to pass the examination within 2 years (4 attempts). Candidates can attempt the exam in both Hindi and English medium. There will be three test to clear the JAIIB. Minimum qualifying marks to clear the exam will be 50 out of 100.

Watch the video below to get full details on the JAIIB 

Every person working in a banking sector whether a PSB or RBI always think of promotion and getting hike in the salary on regular intervals. What would be more encouraging if you are getting a up in your salary. Well, you all must be familiar with the opportunity in the name of JAIIB, course offered by the Indian Institute of Banking and Finance(IIBF) has opened the door for the same. JAIIB exam will be conducted in three phase i.e Paper-I, Paper-II and Paper-III. Exam are held weekly mainly on Sunday.

Name of the exam which will be conducted to Clear the JAIIB are as follows:

  • Principles and practices of banking,
  • Accounting and Finance for bankers and
  • Legal and regulatory aspects of banking 

First and Third exam will be based on theory and each exam will carry 100 marks. JAIIB is the precondition to be eligible for the CAIIB.

Well now the question arises how to prepare for JAIIB?

With Adda247, there is nothing to worry about. We are back again with the solution of the best online test series for JAIIB Exam. Those who are willing to appear for the exam must practice from the Adda247 test series for JAIIB. And make a step ahead for the CAIIB as well.

Why practice From ADDA247 Test Series:

  • Help you access your actual performance
  • Made under the expert guidance team
  • Recommended by the toppers from Adda247
  • At par with the Exam level
  • Detailed Solution, concept and approach

Click Here to get the Test series for JAIIB and start preparing right away:

         

Get Online Test Series & Video Course for JAIIB Exam