Nowadays, banks have set up specialized departments to attend functions like credit card business, housing loans, vehicle loans, trade finance, consumer loans, Bancassurance, etc. Of late some of the banks have floated subsidiaries to take up these functions. Though banks offer some training to their staff to impart essential knowledge to handle these portfolios as per their requirements, there is a need for an educational program considering the vast area of knowledge essential for such activities. Compliance with ‘Know Your Customer’ guidelines and ‘Anti-Money Laundering’ standards has become necessary for healthy financial relationships both by the banks/ financial institutions in India. The course aims to provide comprehensive coverage of the various guidelines/ standards/ guidance notes issued by RBI/ IBA/ International bodies etc. So, the IIBF AML-KYC Practice Exam proves advanced knowledge and understanding in AML/ KYC standards and develops the professional competence of employees of banks and financial institutions.
Explaining the format of the IIBF AML-KYC Practice Exam is the most important step. The exam includes approx 120 questions for 100 marks. The IIBF AML KYC question paper will have multiple-choice type of questions. The candidate will get 2 hours to complete the exam. The exam is available in the English language. The examination will be held in Online Mode with remote proctoring only. There will NOT be negative marking for wrong answers. The IIBF AML KYC passing marks are 60 out of 100. The candidate has to pay Rs. 1100 /- (For members) and Rs. 1600- (For Non-Members) as the examination fee.
IIBF AML KYC apply online process:
Candidates appearing for the examination should particularly prepare themselves for answering questions that may be asked on the latest developments taking place under the various subject/s of the said examination although those topics may not have been specifically included in the IIBF AML KYC syllabus. The objectives of the IIBF AML-KYC Practice Exam examination are as follows:
While preparing for DRA, you will be completely responsible for knowing and complying with IIBF Certification exam policies, together with the specified exam delivery provider’s policies and procedures.
Also, you can go through the CORPORATE SOCIAL RESPONSIBILITY POLICY. The exam policy page provides details of the exam provider’s policies and procedures together with the exam provider’s details.
To start the ideal preparation for the IIBF AML-KYC Practice Exam, the following details a few of the analytical steps that you should consider for developing an ideal schedule for your IIBF AML-KYC preparation.
Touring the IIBF official website is an important step while preparing for the exam like IIBF AML-KYC Practice Exam. Also, the official website provides a lot of essential information and sources which is very helpful in preparing for the exam. Further, resources such as IIBF AML-KYC questions and answers, study guides, courses, sample papers, training programs, whitepapers, documentation, faqs, etc. The candidate can find all such important things on the official page.
Your first step in the preparation guide is to review all the exam objectives. And, to do so, make sure to visit the Official Website of the IIBF AML-KYC exam. This is the most authentic site for obvious reasons. By doing so, you’ll have a clear view of each and every piece of information related to the IIBF AML KYC syllabus. So, make sure, to begin with, this step.
Institute facilitates e-learning to enhance the understanding of the concepts. Candidates can access the e-learning (From Desktops and Laptops only) through the website www.iibf.org.in at their convenience and from their place of choice. At the time of registration, the candidate can register for e-learning/e-book, if required, by paying the requisite additional fees. The IIBF AML KYC study material can be in the form of an e-book and/or e-learning. Based on the option selected (e-book/e-learning) the candidate will be provided a login ID password to access the study material.
IIBF gives candidates access to learning hubs to help them in building and maintaining their skills with self-paced digital learning content that includes e-books, expert-led social learning forums, access to preconfigured training systems for real-world practice.
The candidate can choose the E-books from IIBF. There is a number of IIBF AML KYC book that is available on various topics. The candidate who is preparing for a particular can have a look at the IIBF AML KYC exam book for better preparation.
For passing the IIBF AML-KYC Practice Exam, the candidate needs to get and share knowledge. So, we are suggesting you join some study where you can discuss the concepts with the people who have the same goal as well as the IIBF AML/KYC review for the exam. This will lead the candidate throughout their preparation.
The most important step is to try your hands on the IIBF AML KYC question paper type practice test. Practice tests are the one which ensures the candidate about their preparation. There are many practice tests available on the internet nowadays, the candidate can choose whichever they want. The IIBF AML KYC mock test is very beneficial in preparing for the Exam. So, Start Preparing Now!
