JAIIB AFM 27 October 2024 Shift 1 Analysis: Topics Asked & Difficulty Level

Are you curious about how the JAIIB AFM Shift 1 exam held on 27 October 2024? You’re at the right place! 

On this page, we’ll provide a detailed analysis of the JAIIB AFM shift 1 paper including topics asked, the difficulty level, the distribution of questions across modules, and key learnings.

JAIIB AFM October 2024 Shift 1 Topics

Below, you will find the topics from which questions were asked in the JAIIB AFM shift 1 paper held on 27 October 2024.

Module A

Here are the topics asked in the JAIIB AFM October 2024 Shift 1 from Module A:

• Golden Rules of Accounting
• Accounting Conventions
• Accounting Standards
• Bank Reconciliation Statement
• Cash Book
• Depreciation
• Capital & Revenue Expenditure
• Bills of Exchange (Accounting Entries)
• Internal Audit
• Risk-based Audit

Module B

Here are the topics asked in the JAIIB AFM October 2024 Shift 1 from Module B:

• Balance Sheet Equation
• Issue of Shares
• Limited Liability Partnership
• Partnership Firm
• Cash Flow Statement
• Suspense Account

Module C

Here are the topics asked in the JAIIB AFM October 2024 Shift 1 from Module C:

• Current Ratio
• Quick Ratio
• Bond YTM
• Bond Theorem
• Forward Exchange Rate
• Spot Rate
• Compound Interest Calculation
• Debt Equity Capital Structure
• NPV
• Working Capital
• Factoring & Forfaiting
• Project Appraisal
• Lease
• Derivative Features

Module D

Here are the topics asked in the JAIIB AFM October 2024 Shift 1 from Module D:

• Deductions in Respect of Certain Incomes 80C/80U
• GST council
• Process Costing
• Variance 
• Numerical on Break Even Point
• Numerical on P/V Ratio

JAIIB AFM October 2024 Shift 1 Difficulty Level

• The overall difficulty level of the AFM Shift 1 paper held on 27 October 2024 was moderate. 
• The number of numericals was on expected lines, the number of statement based questions was more than expected.
• Questions were slightly lengthy.
• More questions were asked from Modules A and D.
• There was an almost equal distribution of questions from Modules B and C.
• Many questions were there with more than four statements.

Key Takeaways

Here are the key takeaways from the JAIIB AFM shift 1 held on 27 October 2024:

• The most important modules this time were A & D as against A & C in the previous cycle.
• Questions were a little lengthy and questions were asked from topics which were not expected or which were not asked in the previous cycles.
• The number of numericals were as expected.
• Weightage of major topics like Depreciation, Costing, Accounting standards etc. was less.
• Questions from topic like cash flow, Tax deduction, P/V Ratio, Bank Reconciliation Statement and Bills of Exchange were more.

Understanding the analysis of the JAIIB AFM exam can give you a big advantage as an aspirant planning for the next JAIIB cycle. 

For more information, here is the video of a detailed analysis of the JAIIB AFM October 2024 Shift 1 paper.

Conclusion

We have provided an overview analysis of the JAIIB AFM October 2024 Shift 1 paper and listed the topics asked, overall and module-wise difficulty level, module-wise distribution of questions, and more. This knowledge can empower you to refine your preparation strategy, irrespective of whether you are a first-time aspirant or have taken the JAIIB exam before.