09 Posts of Assistant Director (Banking) in Serious Fraud Investigation Office (SFIO), Ministry of Corporate Affairs (Adv. No. 09/2022, Vacancy No. 22050902414)
Scheme of the Test:
(a) The test will be of two hours duration.
(b) All questions will carry equal marks.
(c) The test will be objective type questions with multiple choices of answer.
(d) The medium of the test will be #English only.
(e) There will be penalty for wrong answers. Every wrong answer will carry a deduction of one-third of the marks assigned to that question. If no answer is marked for a question, there will be no penalty for that question.
(f) The Test will carry a maximum of 300 marks.
Syllabus of the Test:
Unit - 1: Corporate Frauds Meaning, Nature and scope of Corporate Frauds, Types of corporate frauds, Types of red flags, Forensic Accounting and Investigation
Standards (FAIS).
Unit - 2: Regulatory Measures for Curbing Corporate Frauds – 1 Companies Act, 2013 Chapter IX - Accounts of Companies,
Chapter X - Audit and Auditors,
Chapter XII - Meetings of Boards and its Powers, Chapter XIV - Inspection, Inquiry and Investigation,
Chapter XX, Part I - Winding up by the Tribunal,
Chapter XXVII - National Company Law Tribunal and Appellate Tribunal,
Chapter XXVIII Special Courts, Chapter XXIX – Miscellaneous
Unit - 3: Regulatory Measures for Curbing Corporate Frauds – II The Banking Regulation Act, 1949, The Insolvency and Bankruptcy Code, 2016, The Securities and Exchange Board of India Act, 1992, Prevention of Money Laundering Act, 2002, Prevention of Corruption Act, 1988, The Fugitive Economic Offenders Act, 2018, Indian Penal Code, 1860 (Section 168, 171 B, 171 E, 403 - 409, 415 - 422, 463 -473)
Unit - 4: Regulatory Measures for Curbing Corporate Frauds – III Cyber Frauds in Banking Industry & Cyber Laws Meaning of Cyber Crime, International Guidance to Cyber Forensics
Laws, Ethical Hacking, Cyber Crime in Banking Industry, Information Technology Act, 2000
Unit - 5: Collection of Evidences Indian Evidence Act, 1872
The Code of Criminal Procedure, 1973
Chapter VI (Section 61-90),
Chapter VII (Section 91-105),
ChapterVII A (Section 105 A - 105 L),
Chapter XIV (Section 190 - 199),
Chapter XVII (Section 211 - 224),
Chapter XXIII (Section 272 - 299),
Chapter XXXIV (Section 451 - 459)
Unit - 6: Regulatory Agencies Serious Fraud Investigation Office (SFIO), National Financial
Reporting Authority (NFRA), Competition Commission of India (CCI), Insurance Regulatory and Development Authority (IRDA), Directorate of Enforcement (ED), Central Bureau of Investigation (CBI) etc.
Unit - 7: Banking Companies Final Accounts of Banking Companies, Risk Management in Banks and Basel Accords, Capital Adequacy Norms, Income Recognition and Assets Classification (Principles given by RBI) Accounting Standards, Indian Accounting Standards (IND AS) Schedule III to the Companies Act, 2013
Unit - 8: Financial Statements Analysis Techniques of Financial Statements Analysis, Financial Shenanigans, Analysis of Financial Statements of Banks