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Understanding ETFs Uses, Returns and Comparison with Mutual Funds and Stocks

 Exchange-Traded Funds (ETFs) have gained popularity among investors for their unique features and benefits. In this blog, we'll explore the uses of ETFs, their potential returns, how they differ from mutual funds and stock investments, and their safety profile. What is an ETF? An ETF is a type of investment fund that trades on stock exchanges, much like individual stocks. It holds a collection of assets, such as stocks, bonds, or commodities, and aims to track the performance of a specific index, sector, or asset class. Uses of ETFs Diversification : ETFs allow investors to gain exposure to a wide range of assets without having to purchase each individually. For instance, an ETF tracking the S&P 500 gives you exposure to 500 different stocks, reducing the risk associated with individual stock investments. Cost Efficiency : ETFs often have lower expense ratios compared to mutual funds. They typically pass on lower management costs to investors since they are often passively man
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JAIIB - Junior Associate of the Indian Institute of Bankers

What is JAIIB?

JAIIB is the exam that is conducted by Indian Institute of Banking and finance. It gives the extra edge of knowledge of banking alongwith ceritification in banking knowledge (JAIIB for Member) from IIBF and one extra increment as monetory benefit someone is working in PSU bank.

Increment is applicable for officers as well as clerks.

Eligibility for JAIIB

It is applicable for ordinary member of the institute only. Anyone who is working in Banking and Financial industry can become member of the institute. However candidate should be passed matriculation exam.

Exam Pattern of JAIIB

It includes three subjects - 
                                    
I   Principles & Practices of Banking
II  Accounting & Finance for Bankers
III Legal & Regulatory Aspects of Banking

Each subject question paper contains approximately 120 questions (objective multiple choice) carrying 100 marks.
 
There is no negative marking for wrong answer.                                               


Pass Criteria for JAIIB

Minimum - 50%
Candidates securing atleast 45% in each subject with overall 50% marks in first attempt also considered as JAAIB passed.


Fees for JAIIB

Ordinary Membership valid for entire life - 1685/-

First Attempt of 2 blocks - 2697/- (12.36% service tax extra)
Second Atempt of 2 blocks - 2697/- (12.36% service tax extra)

For more details, refer official site of IIBF www.iibf.org. 


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