Commercial Banking in India: A Beginner’s Module (Foundation)
The Commercial Banking in India: A Beginner’s Module (Foundation) course aims at introducing the candidates to the basics of banking and provides some fundamental Insights into the policies and practices followed in the Indian Banking System.
Benefits of NSE’s Certifications
NSE intends to skill the candidate in their preferred course m. NSE analysis the practical knowledge and skills of the candidates. Comprehensive modules are introduced by NSE that cover different areas of Finance and Commerce.
- Accelerating Start for a Career: NSE certifications accelerate candidates growth and provides knowledge and money both. Gaining practical knowledge is also significant and Mandatory, while studying for the certifications of the exam, as per that knowledge the candidates will also understand related concepts that will help better the skills of the candidates.
- Good earnings with Growth: Job with a good income is desired by every individual. NSE certifications provides exclusive eligibility to trade in mutual funds and gives the candidate proper knowledge of risk involved and earnings.
- Increases Hiring Opportunities : The competition in the department like Commerce, Finance and banking is always on a higher level. All the firms are interested in the candidates who gives the best output to the firm. NSE certifications increase hiring opportunities as well.
- Specialization in the Niche: Organisations like SEBI and BSE are involved with the NSE to certify. The securities market is a crucial part of it. NSE aims while designing the courses was that an individual should have specialization in that aids the finance industry and his career. After graduation certifications add an extra edge to your liabilities and skills
Target Audience
- Any person who wishes to appear for the NCFM module.
- Any person who wants to gain knowledge in commercial banking in India
- And also students from Business School
- Students who desire a banking career, Bankers, Call center employees, Teachers of Financial courses, and any individual who holds an Interest in the area of banking can go for this course.
Recommended Knowledge/ Prerequisites
Below are the essential knowledge and prerequisites for taking the Commercial Banking in India: A Beginner’s Module (Foundation) exam.
- Candidates who have fundamental knowledge about finance.
- Candidates who have fundamental knowledge about Indian banking system.
What Does the Course Offer?
- Candidates learn about commercial banking sector and learn how it operates.
- The aim of the exam is to familiarise the candidates with the fundamental of banking and insights into the policies and practices.
- Introduction and explanation of the business of banking right from the beginning.
- Intelligible explanation of how banking started its various functions and how modern banking functions
- All the required information is given so that the candidate is confident enough while appearing for the exam.
What are the Benefit of this Course?
- Commercial banking is a course for those candidates who appear for the NCFM module commercial banking in India.
- The candidates will get the required information for the exam and to function in the future as well.
- The course is basically designed and intends to serve their educational and testing and testing requirements of the candidates preparing for the certification tests.
Exam Details
Before you begin your preparations, you should familiarise yourself with the exam specifics. Tthe NCFM Commercial Banking Module Exam Questions are in multiple choice format. You get 120 minutes to complete the 60 questions of this exam. Also, the passing score is 50%. Most importantly, there is no negative marking, hence you should definitely attempt all the questions.
| Exam Name Commercial Banking in India: A Beginner’s Module (Foundation) | Maximum Marks 100 (Passing: 50%) |
| Exam Duration 120 mins | Exam Format Multiple Choice and Multi-Response Questions |
| Exam Type Foundation | Number of Questions 60 Questions (No negative marking) |
| Exam Fee Rs. 1700 | Certifying Body NISM |
| Exam Language English | Validity 5 years |
For More Details See – FAQs in Commercial Banking in India: A Beginner’s Module (Foundation)
NCFM Commercial Banking Module Course Outline
The Commercial Banking in India: A Beginner’s Module (Foundation) Exam covers the following modules.
Introduction
- Definition of banks
- Evolution of Commercial Banks in India
- Functions of Commercial Banks
- Competitive Landscape of Banks in India.
Banking Structure in India
- Banking Structure in India
- Role of RBI vis-‘-vis other commercial banks
Bank Deposit Accounts
- Introduction to Bank Deposits
- Types of Deposit Accounts
- Strategies of mobilizing deposits
- Common guidelines of opening and operating accounts
- Deposit related services
- Deposit services offered to Non-Resident Indians
- Deposit Insurance
Basics of Bank Lending
- Principles of Lending and Loan Policy
- Basics of Loan. Appraisal
- Credit decisionmaking and review
- Types of Advances
- Management of Non-Performing Assets
Bank Investments
- Investment Policy
- Statutory Reserve Requirements
- Non-SLR Requirements
- Banks’ Investment Classification and Valuation Norms
Other Activities of Commercial Banks
- Other Basic Banking activities
- Para -banking Activities.
Relationship between Banks and Customers
- Strategy for expanding customer base
- Services to different customer groups
- Competition among banks for customers
- Customer relationship management
- Banking Options ombudsman Scheme
- Know Your Customer (KYC) norms
- Evolving Trends in Modern Banking Technology
- Outsourcing of Non-core Activities
- Financial Inclusion
Preparation Guide for the Commercial Banking in India: A Beginner’s Module (Foundation) Exam
The right approach and motivation are necessary before any exam. The candidates should be aware of the fact that where and when the skills should be used. The NCFM Commercial Banking Module Study Guide helps the candidates with the planning and execution of the exams. Proper guidance and Practice tests help individuals to do better and most importantly motivates as well.
Learning Resource 1 – Official Training
With an aim to accelerate the growth of the students or candidates, NSE has introduced a platform where all the required information is available on the Website, including practice tests as well. Official NCFM Commercial Banking Module Training is available to ensure the success of the candidates Columns are available that gives you information regarding training, overview, course outline, course offerings, eligibility, and benefits.
Learning Resource 2 – Online NSE Community
The NSE online community is available to help the candidates or any individual regarding any queries. Candidates can contact them through the websites. Also, an FAQ section is available where the candidates can post their queries, and the website tries to answer them as soon as possible. There are different queries already answered, candidates can for through it, and if their queries aren’t mentioned or available they can post their question.
Practice Tests
NCFM Commercial Banking Module Practice Exams are designed with an aim to analyze the mistakes that the candidates make while giving exams. The potential errors in the exams can only be examined if we attempt practice tests. By attempting NCFM Commercial Banking Module Sample Questions, one can identify which areas and aspects of the exam one have to put more effort and concentration into. Moreover, attempting a sufficient number of practice tests increases your sphere of knowledge and also helps gain confidence. Start practising now with NCFM Commercial Banking Module Free Test!
