IIBF Foreign Exchange

HI I would like to know the eligibility for the Certificate Examination in
Foreign Exchange Facilities for Individuals conducted by Indian Institute of Banking & Finance?

[Pathak]

The purpose of the course is to make the branch officials familiar with the FEMA
provisions that impact the day to day functioning at the branch level. This exam is
being introduced pursuant to the proposal of a committee of RBI.

Eligibility:
i) Employees of a Bank as well as Financial Institutions.
ii) Any graduate of a acknowledged university or its equivalent.

SUBJECT OF EXAMINATION
Foreign Exchange Facilities for individuals under FEMA 1999

MEDIUM OF EXAMINATION
Examination will be conducted in English only.

PATTERN OF EXAMINATION
Question Paper will comprise approximately 120 multiple - choice objective type
questions. Examination will be held in online mode only.

Certificate Examination in Foreign Exchange Facilities for Individuals
Particulars For Members For Non-members subject to eligibility
First attempt 1,124/- 1,685/-
Subsequent
each attempt 1,124/- 1,685/-

Examination will be of Two hours duration.

The Examination will be held in June / December on a Sunday.

The aspirant has to secure 50% or more marks in the subject to pass.

SYLLABUS
1) Introduction to FEMA
a) Genesis of FEMA and repeal of FERA
b) Comparison between FEMA 1999 and FERA 1973
c) Important sections of FEMA 1999 and upto date amendments,
schedules-I, II and III
d) Compounding provisions under FEMA and the effect of non-adherence to
FEMA provisions
2) Facilities available to residents under FEMA and the regulations that are
applicable to Individuals covering areas such as
a) Meaning and definition of resident in India
b) Foreign travel
c) Outward remittances/advance remittances / inward remittances
d) Refund of inward remittances and importance AML
e) Maintenance of foreign currency accounts
f) Permissions for investments abroad
g) Borrowings in foreign currency
3) Facilities available to and regulations applicable to non-resident individuals
a) Meaning and definition of non-resident Indian and Foreign national
b) Various schemes for non-resident Indians
c) NRE, FCNR and ONR account schemes
d) Deduction of TDS for NRO accounts-tax treaties
e) Tax havens and cautions in handling remittances
f) Borrowing opportunities and investment facilities in India
g) Guarantees by non-residents and deposits other than bank deposits
h) Risk management for non-residents
4) Miscellaneous aspects
a) In and out bound remittances
b) Opening of foreign currency and Rupee accounts in and outside India
c) Guidelines on taxation and TDS

Address:

INDIAN INSTITUTE OF BANKING & FINANCE
(An ISO 9001 - 2008 CERTIFIED ORGANISATION)
nd Kohinoor City, Commercial-II, Tower-1, 2 Floor, Kirol Road, Kurla (West), Mumbai - 400 070

Please provide me model test paper on foreign exchange exam for jan 2018

Sir please provide me study material/model question for certificate in foreign exchange exam which will be held on january 2018