Indian Economy & Indian Financial System
Sectors of the economy, NITI Aayog, priority sector and MSME, economic reforms, foreign trade, IMF and World Bank, SDGs.
13th Nov 2026
Simbreen Shaikh
The JAIIB exam is close and the syllabus is big. You work all day at the branch, so you cannot read every chapter again. You do not have to. You need 50 marks in each paper, and these capsules cover the topics the exam keeps asking.
Every banker knows the last month is the hardest. Customers keep coming, targets are pending, and month-end work never finishes. You reach home late, and then there is dinner and family. The big book is still waiting, and there are four papers to cover.
So the worry starts. How will I finish everything? What if I miss the pass mark by a few marks? Nobody wants to write this exam again.
Here is the good news. To pass JAIIB you need 50 marks in each paper, not 100. And the exam repeats many of its topics. When we checked the 1 November 2026 IE & IFS paper, 92% of the topics candidates reported were already in our capsules. In the last month, revise those topics. Do not start the whole syllabus again.
Every chapter is cut down to key points and tables. Important facts are in bold, so you can read fast.
At the end of each chapter, you get a box of one-line facts that can come in the exam. Read these on the last night.
You do not need a full free day. Finish one module in one sitting, even after a busy day, and start the next one tomorrow.
Read it on your phone while travelling, or take a print and read at home.
Are the capsules enough? For last-month revision, they are almost enough to clear the exam. Every chapter is cut down to the points that matter, and the one-liners help you remember them.
One more step: attempt our mock tests after each module. They give you more case study questions, so you can check how well you remember and where you still make mistakes.
The Indian Economy and Indian Financial System paper was held on 1 November 2026. Candidates reported 73 different topics from Shifts 1 and 2. We matched every one of them with our IE & IFS capsules, question bank and mock tests.
Module A is the free one. It had 20 of the 21 topics asked from that module. The full 92% needs all four modules: A is free, and B, C and D come with the course.
Most of the paper was repeat material. These JAIIB important topics were asked on 1 November and also in May 2026.
We tell you this openly after every exam, so you know where to read a little extra. These six topics were not in our IE & IFS capsules. Four of them, RBI Deputy Governors, full-time directors eligibility, London Stock Exchange and minimum IPO application, were in our question bank.
Source: candidate recalls of Shifts 1 and 2, matched by hand with our material. This is not an official IIBF question paper, and recalls can miss some topics.
Download the first module of every paper. Each card shows what the module covers.
Sectors of the economy, NITI Aayog, priority sector and MSME, economic reforms, foreign trade, IMF and World Bank, SDGs.
Banker-customer relationship, KYC, deposit accounts, NRI business, paying and collecting banker, ombudsman scheme.
Accounting standards, bank reconciliation statement, rectification of errors, depreciation, bills of exchange, bank audit.
Retail banking overview, its role within banking operations, retail vs corporate banking, branch profitability.
Each paper has four modules. Module A is free. Modules B, C and D of the four papers add 118 more chapters of revision capsules. Here is what you unlock in each paper.
| PAPER | MODULES B, C AND DWITH COURSE | ||
|---|---|---|---|
| Indian Economy & Indian Financial System |
Module B: Economic Concepts Related to BankingSupply and demand, money supply and inflation, monetary and fiscal policy, national accounts and GDP, Union Budget. |
Module C: Indian Financial ArchitectureBanking structure, RBI Act and BR Act, DFIs, microfinance, NBFCs, financial system regulators, banking reforms. |
Module D: Financial Products and ServicesMoney market, capital market, derivatives, factoring, forfaiting and TReDS, mutual funds, insurance, REITs and InvITs. |
| Principles & Practices of Banking |
Module B: Functions of BanksPrinciples of lending, credit appraisal, NPAs, recovery laws, letters of credit, bank guarantee, priority sector. |
Module C: Banking TechnologyCBS, digital banking, NPCI payment systems, cyber crime and fraud risk, e-RUPI. |
Module D: Ethics in Banks and Financial InstitutionsBusiness ethics, ethics at the individual level, work ethics, banking ethics. |
| Accounting & Financial Management for Bankers |
Module B: Financial Statements and Core Banking SystemsBalance sheet equation, final accounts, company accounts, cash flow and funds flow, final accounts of banking companies. |
Module C: Financial ManagementRatio analysis, interest and annuities, YTM, forex arithmetic, cost of capital, working capital, derivatives. |
Module D: Taxation and Fundamentals of CostingIncome tax, GST, costing methods, standard and marginal costing, budgetary control. |
| Retail Banking & Wealth Management |
Module B: Retail Products and RecoveryRetail asset and liability products, credit and debit cards, remittances, digitisation, recovery of retail loans, securitization. |
Module C: Support Services: Marketing of Retail ProductsDelivery channels, delivery models, CRM in retail banking, service standards. |
Module D: Wealth ManagementInvestment management, tax planning, lender’s appraisal, housing finance, mortgage advice, valuation of real property. |
Unlock the remaining three modules in each paper, so the whole syllabus is covered in revision form.
Here is a simple JAIIB last month preparation plan. There are 16 modules in all. One module per evening, four evenings a week, takes about four weeks. Start with the paper that comes first.
Pick your paper, download the free capsule and revise your first module tonight.
13th Nov 2026
Simbreen Shaikh
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