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PNB Credit Officer

Syllabus to be covered

Quantitative Aptitude Reasoning English
Data Interpretation Statement and Assumptions Reading Comprehension
Number Series Seating Arrangement Para-jumbles
Data Sufficiency Puzzles (Floor Based/ Month Based) Sentence-connectors
Partnership Data Sufficiency Idioms and Phrases
Percentage Machine Input/Output Vocabulary based questions
Simplification Blood Relation Error Spotting
Time Speed and Distance Direction Sense Test Match the sentences
Ratio and Proportion Coding-Decoding
Simple/Compound Interest Statement & Assumption/Arguments

Professional Knowledge Manager/Senior Manager (Credit) Syllabus

1. Working Capital Management

  • Introduction
  • Need for working capital
  • Cash cycle
  • Management strategies for working capital

2. Ratio analysis

  • Liquidity ratio
  • Turnover ratio
  • Profitability ratio
  • Solvency ratio

3. Time value of money

  • The Future Value of a Single Cash Flow
  • The Future Value of a Series of Cash Flows
  • The Present Value of a Single Cash Flow
  • The Present Value of a Series of Cash Flows

4. Capital budgeting

  • Discounted Payback Period
  • Payback Period
  • Internal Rate of Return (IRR)
  • Average Accounting Rate of Return (ARR)
  • Net Present Value
  • Profitability Index (PI)
  • Investment Decision Criteria

5. RBI and the Foreign Exchange Market

  • Role of Reserve Bank of India (RBI) in forex management.
  • Latest RBI circulars

6. Risk Management

  • Concept of Risk
  • Risk Management Process
  • Determination of Business Objectives
  • Identification of Risks
  • Measurement of Risk

7. Short-term Financing

  • Working Capital Concepts
  • Working Capital Issues
  • Working Capital Cycle
  • Aggressive and Conservative Approach
  • Sources of Short-Term Financing

8. Long-Term Financing

  • Considerations of Issuers and Investors
  • Sources of Long-term Finance
  • Merits and Demerits of:
    • Retained Earnings
    • Equity Capital
    • Preference Capital
    • Debenture Capital
    • Term Loans

9. Money Markets

  • Money Market
  • Money Market Instruments
    • Coupon Bearing Instruments
    • Discount Instruments
  • Risks involved in Money Market

10. Capital Markets

  • Capital Markets
  • Process, types of securities and parties involved
  • Types of bonds
  • Bond valuations
  • Debt and Equity

11. Portfolio Management

  • Portfolio Risk and Return
  • Capital Allocation
  • Optimal Portfolio
  • Modern Portfolio Theory
  • Performance Measurement

12. Yield Curve Analysis

  • Concept of Yield Curve and its Types
  • Yield to Maturity concept
  • Types of Interest Rates and their Computation
  • Yield Interpolation

13. Duration

  • Concept of Duration and Modified Duration
  • Macaulay duration
  • Effection duration
  • Computation of Duration for different types of bonds
  • Relationship between duration, yield, coupon and maturity
  • Duration of a Portfolio

14. Convexity

  • Concept of Convexity and its Properties
  • Convexity of a Portfolio
  • Impact of a price change on convexity
  • Positive and Negative Convexity

15. Interest Rate Options

  • Interest Rate Options
  • Over-the-Counter Options, Calls and Puts on LIBOR Caps, Floors and Collars

16. Interest Rate Swaps

  • Interest Rate Swaps
  • Basic Structure
  • Price Quoting Conventions
  • Pricing & Valuing Interest Rate Swaps
  • Variants of Interest Rate Swap
  • Swaption

17. Risk management

  • Types of risks
  • Derivatives: Forwards, Futures, Swaps and Options
  • Basics of Derivative Pricing and Valuation
  • Forwards and Futures Valuation
  • Forward Rate Agreements and Swap Valuation

18. Financial Awareness

  • Latest circulars of RBI and SEBI
  • Indian Financial System
  • Financial market instruments
  • International reports and indices
  • Latest government schemes
  • Important committees
  • Foreign investment and trade
  • Growth numbers by various organization
  • Union budget
  • Latest mergers and MOUs of banks and financial institutions
  • Heads of various financial organizations
  • Mutual Funds
  • Basel Norms
  • Regulatory organizations: SEBI/NABARD/RBI

NOTES [PDF]

3000 Set Question Bank

VALIDITY: 8 MONTHS

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