CMA Final Paper 20B Risk Management in Banking and Insurance Syllabus and Exam Pattern

CMA Final Paper 20B Syllabus and Exam Pattern

CMA Final Paper 20B  Risk Management in Banking and Insurance (RMBI) is an elective paper under CMA Syllabus 2022. Students at the Final level are required to select one elective paper from Paper 20A, Paper 20B and Paper 20C. Paper 20B carries 100 marks. The syllabus is divided into two major sections: Risk Management in Banking and Risk Management in Insurance. Section A carries 60% weightage, while Section B carries 40% weightage.

FAQs

1. How many marks is Paper 20B?

Paper 20B carries 100 marks.

2. What is the duration of the Paper 20B examination?

The examination duration is 3 hours in the official Model Question Paper format.

3. How many sections are there in Paper 20B?

The syllabus has two broad sections: Risk Management in Banking and Risk Management in Insurance.

4. What is the weightage of Risk Management in Banking?

Section A – Risk Management in Banking carries 60% weightage.

5. What is the weightage of Risk Management in Insurance?

Section B – Risk Management in Insurance carries 40% weightage.

6. How many modules are there in Paper 20B?

Paper 20B has 8 modules: five under Banking Risk Management and three under Insurance Risk Management.

7. How many marks are allocated to Section A in the exam?

In the recent Model Question Paper format, Section A carries 30 marks through 15 objective questions of 2 marks each.

8. How many marks are allocated to Section B?

Section B carries 70 marks, with students answering any 5 questions out of 7, each carrying 14 marks.

9. Is Section A compulsory?

Yes. The recent official Model Question Paper specifies Section A as compulsory.

10. Is there choice in Section B?

Yes. The recent Model Question Paper provides a choice of answering 5 questions out of 7 in Section B.

11. Which Paper 20B module has the highest syllabus weightage?

Modules 2, 3, 5, 7 and 8 each carry 15% according to the official syllabus..

12. Should students practise MCQs for Paper 20B?

Yes. ICMAI provides an official MCQ Bank for Paper 20B under Syllabus 2022.