In our article how to solve multiple objective questions for JAIIB we have given certain tips about it and hope that people are following that tips.
The need to write this article arises only because we observed that maximum times the students are saying or communicating that they have ended up the with marks in the range of 40 to 49 and hence the end result is fail, and they miss the bus….
Even, if you observe, in the failure list all around, the maximum failure students has got the marks in 40 to 49. Why this is happening? Why we are not getting more than 50?
The answer is here…
JAIIB is a professional course and IIBF is having a vision of creating well informed & knowledgeable bankers through this professional course. IIBF through this course are checking the in depth knowledge of the banker and then certifying them with JAIIB..
While studying for this type of courses we need certain discipline. We are committing certain common mistake and they are:
1. Not understanding the structure of examination paper: Our papers are of three level. Easy, Moderate difficult and difficult. Easy portion is of around 25-35 marks, moderate difficult is of another 35 marks and rest is difficult. Easy portion & some portion of moderate difficult one, can be answered with some readings of the subject and also our experence in banking and knowledge acquired during bank working. However, we failed to go beyond that as we have not studied the subject in deep and hence our score remains in the range of 35 to 45 and not beyond.
2. We are looking for shortcuts in study..Like we are purchasing or searching for MCQ (multiple objective questions), with the thinking that some may come in exam and we can clear the subject.
3. We are not devoting time for study of subject in detail.
4. We study the subject without taking due care of its requirement in our banking life.
5. In case of practical subject like accounts etc., we are trying to solve so many number problems for practice without understanding the concept of it….
6. Some of us are having thinking that if we complete all questions (ticking with some guess work also) in examination then we will get atleast 50% correct.
How to overcome & get pass the exam?
Paper wise Preparation:
In case of Paper 1, Principles & Practices of Banking, look out for practical aspects of banking to be supported by guidelines & legal/statutory requirements. Don’t get into trap of some loose working phenomenon sometimes we use in our working while answering the questions, because many times practical and theory are different.
Look for special knowledge as regards the principles of banking in case of type of customer, there operations or procedural aspects, advances products, garnishee order/set off.
Don’t ignore banking technology aspect as well as marketing aspect in the subject..
In case of Paper 2, Accounting & finance for bankers, grasp the concept of accounting and bifurcate the subject for study in two. One accounts & other finance.. In accounts look for basics and concepts so that you can be able to answer questions on BRS, inventory, depreciation, company accounts, partnership etc. As regards second part finance, look for calculation of PV,FV, bonds, Forex, banking accounts etc.
In case of Paper 3, Legal & Regulatory aspects of banking, you need to focus on provisions of different laws enacted specially for banking institutions and which are interacted during course of banking business. Learn the provisions, best way to learn is try to know the reason why that law has been enacted and what is the intention of that law. Thereafter try to get the importance of various sections and again its intention of inserting that provision in act. Actually all the laws are generally framed in two parts, legal provisions and legal procedure to follow the provisions…e.g. provisions of setting up DRT for settling cases relating to distress assets e.g law under which DRT established, what type of cases can be filed, how much amount must be paid by borrower for appealing in DRT etc and then procedural aspects like who will head DRT, his tenure, time limit for order by DRT, how to file a case in DRT etc.. So, even can see that our JAIIB paper of this subject is full of provisions base questions as well as procedural based questions…
In this if we study the whole course we don’t find any reason why we will be less than 50 marks…So start early and get the success in the coming attempt….
WISH YOU ALL THE BEST…..
Article Category - Banking
Posted Date - 2013/08/05