Banking Exam

Banking is one of the fastest growing industry in India and they are considered as sunrise sector of Indian Economy. More so, the government is focusing on providing banking facilities in every village and town, under its Financial Inclusion scheme. And hence, more and more branches of the banks are being opened in every part of the country. As the sector is growing very fast, it also needs manpower at various levels. Essentially the recruitment in bank sector happens at the following levels:
Bank Probationary Officer (Bank PO): This is a managerial position in a bank. After the essential 1 to 2-year training, candidates are designated as Assistant Managers (AM) or Deputy Managers (DM). Starting Salary as a Bank PO ranges from Rs. 30,000 – Rs. 40,000, depending upon bank to bank and location of posting.
Bank Clerks: As the name suggests, this is a clerical position in the bank and this can be considered as entry level job in a bank. Salary of a Bank Clerk is generally in the range of Rs. 20,000-25,000 depending on bank to bank and posting location.
Specialist Officers (SO): Banks also hire candidates for specialist profiles like – IT Officer, HR Officer, Marketing Officer, Finance Officer, Law Officer, Agriculture Officer etc. Usually, the grade and the starting salary of Specialist Officer is in the same range as Probationary Officers.
Age limits
- Probationary Officer :- 20 to 30 years
- Clerk :- 20 to 28 years
- Specialist Officer :- 20 to 30 years
Age relaxation
- OBC :- 3 years
- SC/ST :- 5 years
- WIDOW/DIVORCED WOMEN :- 9 years
- EX SERVICEMEN :- 5 years
- PERSON WITH DISABILITY :- 10 Years
Qualification
- Applying candidates should have completed their 10th/12th/Degree (graduation)/Post Graduation, etc as per various posts or jobs or vacancies with good academic records in concerned discipline from well recognized University / Institute.
Bank Exams Pattern
Recruitment in government banks is generally done in three stage recruitment process. First two phases are written test, which are called Pre and Main; and last stage is the interview process. Shortlisting of candidates is done at each stage – Pre, Main and Interview.
Final merit list is prepared on the basis of marks in Mains and Interview (weightage: 80% Written Test & 20% Interview).
Prelium exam pattern for Clerk / PO
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Serial No. |
Section |
No. of Question |
Total Marks |
Duration |
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1 |
English Language |
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30 |
30 |
20 minutes |
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2 |
Numerical Ability |
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35 |
35 |
20 minutes |
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3 |
Reasoning |
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35 |
35 |
20 minutes |
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Total |
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100 |
100 |
60 minutes |
Mains exam pattern for bank Clerk/ PO |
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Serial No. Section |
No. of Question |
Total Marks |
Duration |
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1. |
General English |
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40 |
40 |
35 minutes |
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2. |
Quantitative Aptitude |
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50 |
50 |
45 minutes |
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3. |
Reasoning Ability and Computer Aptitude |
50 |
60 |
45 minutes |
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4. |
General/Financial Awareness |
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50 |
50 |
25 minutes |
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Total |
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190 |
200 |
2 hours 40 minutes |
- The above tests except for the Tests of English Language will be available bilingually, i.e. English and Hindi.
- The exam will be conducted online and it will carry objective type questions.
- 0.25 marks will be deducted for every question attempted wrong by a candidate in both IBPS PO 2017 Preliminary Exam and IBPS PO 2017 Mains Exam. There will be no deduction of marks for a question left blank/ unattempted by a candidate.
Interview Process
Candidates who qualify the PO or SO Mains Exam are finally called for the Interview Process by IBPS. The Interview Process will constitute of 100 marks and the minimum marks for qualifying this round will be 40% which is reduced to 35% for candidates belonging to SC/ST/OBC/PWD categories
Bank Exams Syllabus
Written tests in bank exams generally ask questions to test the General Aptitude of the candidates. In Prelims, 100 questions are asked from three different sections – Quantitative Aptitude (35 Questions), Reasoning Ability (35 Questions), English Language (30). While in the Mains exams, 200 questions are asked covering Quantitative Aptitude, Reasoning Ability, English Language, General Awareness and Basic Computer Knowledge.
The syllabus of all the above sections is given below:
Quantitative Aptitude: Number Systems, Ratio & Proportion, Percentage & Averages, Profit & Loss, Mixtures &Alligations, Simple Interest & Compound Interest, Surds & Indices, Time & Distance, Mensuration – Cylinder, Cone, Sphere, Sequence & Series, Permutation Combination & Probability, Quadratic Equations, Data Interpretation.
Reasoning Ability: Sitting Arrangements, Tabulation, Logical Reasoning, Syllogism, Input-Output, Coding-Decoding, Alphanumeric Series, Ranking / Direction / Alphabet Test, Data Sufficiency, Coded Inequalities, Non-Verbal Reasoning.
English Language: Reading Comprehension, Cloze Test, Error Spotting, Sentence Correction, Para Jumbles, Vocabulary, Multiple Meaning Words, Paragraph Completion, and New Pattern Questions of various types.
Computers: Number System, History of Computers, Hardware, Software, Database (Introduction), Communication (Basic Introduction), Networking (Lan, Wan), Internet (Concept, History, Working Environment, Application), Security Tools, Virus, Hacker, MS Windows & MS Office, Logic Gates.
Current Affairs: Banks in NEWS, Economy based current affairs, Business NEWS, Agreements, New Appointments, Visits, Government Schemes, Awards and Honors, Summits, Committees, National and International, Obituaries, Reports and Indexes, Books and Authors, Defense, Sports.
Banking: RBI, Function of RBI, Banking Abbreviations, Banking Regulation Act 1949, Policy Rates, Types of Accounts, NEGOTIABLE INSTRUMENTS ACT 1881, BANKING OMBUDSMAN SCHEME 2006, FINANCIAL INCLUSION, PRIORITY SECTOR LENDING, MONEY MARKET INSTRUMENTS, Capital Market
Website reference for online application
IBPS BANK: http://www.ibps.in/
RRB BANK: http://www.ibps.in/
NABARD: https://www.nabard.org/default.aspx
SBI: http://sbi.co.in
RBI: http://irbi.org
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