Welcome Friends to our Blog MCQXAM. Accounting & Financial Management for Bankers is a very Important Paper for those preparing for JAIIB (Junior Associate of the Indian Institute of Bankers) Exam. It is very crucial to have a solid grasp of concept about Accounting & Financial Management for Bankers for clearing the JAIIB Exam.
We have prepare and collected some fundamental questions and answers in the form of MCQ Questions and Answers arranged into multiple Quizzes. It can help you to understand the topics. A solid fundamental understanding will build your confidence and encourage you to think critically and enables you to answer the JAIIB Questions correctly in the Exam and increase your chances to pass the exam with flying colors. It is advisable to practice these Questions and Answers on regular basis to raise your confidence Level. Let’s dive into the essentials that every banker must master!
Practice MCQ Question and Answer
Accounting & Financial Management for Bankers is the Paper III of JAIIB Exam. It is divided into Four modules. Each Module has different number of Units which is as follows
Module A: Accounting Principles and Processes
- Definition, Scope and Accounting Standards including Ind AS
- Basic Accountancy Procedures
- Maintenance of Cash/Subsidiary Books and Ledger
- Bank Reconciliation Statement
- Trial Balance, Rectification of Errors and Adjusting & Closing Entries
- Depreciation and its Accounting
- Capital and Revenue Expenditure
- Bills of Exchange
- Operational Aspects of Accounting Entries
- Back Office Functions/Handling Unreconciled Entries in Banks
- Bank Audit & Inspection
Module B – Financial Statements and Core Banking Systems
- Balance Sheet Equation
- Preparation of Final Accounts
- Company Accounts – I
- Company Accounts – II
- Cash Flow & Funds Flow
- Final Accounts of Banking Companies
- Core Banking Systems & Accounting in Computerised Environment
Module C – Financial Management
- Financial Management – An Overview
- Ratio Analysis
- Financial Mathematics – Calculation of Interest & Annuities
- Financial Mathematics – Calculation of YTM
- Financial Mathematics – Forex Arithmetic
- Capital Structure and Cost of Capital
- Capital Investment Decisions/Term Loans
- Equipment Leasing/Lease Financing
- Working Capital Management
- Derivatives
Module D – Taxation and Fundamentals of Costing
- Taxation: Income Tax/TDS/Deferred Tax
- Goods & Services Tax
- An Overview of Cost & Management Accounting
- Costing Methods
- Standard Costing
- Marginal Costing
- Budgets and Budgetary Control