Many enthusiastic graduates in search of jobs are considering jobs in the banking sector as their first priority. Due to this the banking domain has become highly competitive. This is mainly because the banks provide lucrative salaries, jobs security and other perks. Irrespective of the stream of graduation, this exam provides good opportunities for all.
Therefore it is wise to make oneself completely aware of the competition, exam syllabus and pattern. The following article will provide you with the details of various banking examinations and their preparation strategies:
SBI bank exams:
Being the largest public sector bank in the country, SBI recruits Bank PO, Bank Clerk and Bank SO.
- SBI Bank PO: The SBI Bank PO or Probationary Officer is at the managerial post in a bank. The Probationary Officers during training become the managers after completion of the basic training.
This exam is conducted in three stages, namely:
- Preliminary Exam
- Main exam
- Objective test
SBI SO Exam: the SO or specialist officers as the name suggests are specialists in certain fields such as HR officer, marketing officers, IT officers, Law, agriculture etc. they are usually appointed on the basis of an interview and prior experience in their respective fields.
- SBI Bank Clerk: the selected ones are appointed in clerical positions. this examination is conducted in two stages:
- Mains exam
The Banking Personnel Selection conducts banking exams for 20 Public Sector Banks (PSBs) for various posts.
- IBPS PO Exams: this exam is conducted for the post of Probationary Officers for various public sector banks. This consists of three levels:
- Mains exam
IBPS SO Exam: IBPS Specialists Officer Exam recruits SOs every year.This only consists of the preliminary and mains exam.
IBPS Clerks exams: For the post of clerk in PSBs.
Preliminary stage- mainly tests your English language, reasoning and numerical ability
Mains exam-quantitative aptitude, English, general and financial awareness etc are some subjects to study for.
IBPS RRB: The IBPS Regional Rural Bank Exam is conducted to recruit probationary officers, specialist’s officers and clerks in all the regional rural banks. These are smaller banks located in the rural regions of the country. Conducted in two stages:
- Preliminary exam
- Mains exam
The Reserve Bank of India conducts its own exams for RBI grade B officers, assistant exam, and junior engineer exam. As RBI is a big name in itself and being a prestigious bank provides numerous benefits and perks to the employees. Competition for RBI bank Exams is quite high and it is important to keep this point in mind and start the preparations.
The National Bank for Agriculture and Rural Development also conducts exams for several bank posts and provides good opportunities.
Syllabus for bank exams:
These exams test the candidates’ general aptitude in English language, reasoning ability, quantitative aptitude and general awareness.
- English language: reading comprehension, error spotting, synonyms, homonyms, jumbled sentences, editing-omitting etc.
- Reasoning ability: non- verbal ability, coding-decoding, number series, sitting arrangements, tabulation etc.
- Quantitative aptitude- number system, time-distance questions, simple-compound interest, surface areas of different shapes, mensuration, probability, profit-loss, averages, quadratics equations etc.
- General awareness/current affairs: economy based questions in the recent times, government schemes, committees, summits, business news, books- authors etc.
As stated in the start of the article, these exams are highly competitive and require serious preparations to make your space in the competition. Being good paying jobs with job security is all that anyone wants.
Therefore, the candidate should first focus on knowing the exam pattern. He/she should also know how much they lie in the water, if the concepts are not clear, joining a coaching institute or online coaching should be a considerable option. Practicing the previous year question papers with the given time limit must be brought into practice. There are a number of books available in the markets today that are well equipped in accordance with the syllabus. So a little bit of research on good sources is also advised.