Certificate Course in Foreign Exchange Operations Exam

The objective of the Certificate Course in Foreign Exchange Operations Exam is to make the bank officials familiar with Foreign Exchange operations. This exam is being introduced pursuant to the recommendation of a committee of RBI.

The main topics in this exam are – • FEDAI Role and Rules • Regulatory Requirements under FEMA for Resident/ Non-resident Individuals • Regulatory Requirements under FEMA for Resident/ Non-resident Entities • Documentary Credits & Standby Credits • Export Finance • Foreign Trade Policy (FTP) 2015-20

The Certificate Course in Foreign Exchange Operations Exam is suitable for employees working with Authorized Dealer (AD) Member Banks of FEDAI.

Application for examination should be registered online from the Institute's website www.iibf.org.in. The schedule of examination and dates for registration will be published on IIBF website.

The passing criteria are 50 marks out of 100.

There will be 100 questions which have to be completed in 120 minutes.

There will only be multiple choice questions in the exam.

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There will be no negative marking for wrong answers.

After the completion of your exam, the points you earned on each question are totaled and then compared with the cut score to determine whether the result is pass or fail.

Once purchased, the practice exams can be access for the lifetime.

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Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Skilr and not the Certificate Course in Foreign Exchange Operations Exam cost.

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Yes Skilr offers free practice tests for Certificate Course in Foreign Exchange Operations Exam which can be used before the final purchase for complete test.