Certificate Course in Foreign Exchange Operations
Certificate Course in Foreign Exchange Operations
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.
Who should take the exam?
The Certificate Course in Foreign Exchange Operations Exam is suitable for employees working with Authorized Dealer (AD) Member Banks of FEDAI.
Course Structure
The main topics highlighted 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
Exam Format and Information
| Exam Name Certificate Course in Foreign Exchange Operations | Exam Code 0 |
| Exam Duration 2 Hours | Exam Format Multiple Choice |
| Exam Type Database | Number of Questions 85 Questions |
| Eligibility/Pre-Requisite NIL | Exam Status Live |
| Exam Language English | Pass Score 50 and above |
Certificate Course in Foreign Exchange Operations FAQs
Does Testprep Training offer Money Back Guarantee for the Exam Simulator?
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 Testprep Training and not the Certificate Course in Foreign Exchange Operations Exam cost.
Do you provide any preparation guidance for this certification exam?
Yes our experts frequently blog about the tips and tricks for exam preparation.
Do you offer any discount on the bulk purchase?
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the testprep training Helpdesk for more details. The member of support staff will respond as soon as possible.
How the exam scores are calculated?
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.
For how long is the license valid after purchase?
Once purchased, the practice exams can be access for the lifetime.
Is there any negative marking in the exam?
There will be no negative marking for wrong answers.
Do TestprepTraining provide practice set questions for Certificate Course in Foreign Exchange Operations Exam?
TestprepTraining provides unique sets of questions that will help you check your skills and knowledge in performing data analysis on Excel. These practice questions will help you increase your knowledge for better preparation of exam.
What variety of questions appears on the exam?
There will only be multiple choice questions in the exam.
What is passing criteria for the exam?
The passing criteria are 50 marks out of 100.
How many questions will be there in the exam?
There will be 100 questions which have to be completed in 120 minutes.
What is the application procedure for the exam?
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.
Who are the intended audience for the exam?
The Certificate Course in Foreign Exchange Operations Exam is suitable for employees working with Authorized Dealer (AD) Member Banks of FEDAI.
What are the main topics covered in the exam?
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
What is 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.
Is there any assistance from Testprep Training in terms of exam preparation?
Yes, Testprep Training offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.
Can we try the free test before purchasing the practice exam?
Yes testprep training offers free practice tests for Certificate Course in Foreign Exchange Operations Exam which can be used before the final purchase for complete test.