MTG Learning Media Pvt. Ltd.: ALL ABOUT BANKING EXAMS YOU SHOULD KNOW ABOUT

Banking is a fast-growing industry in India. Every year, government banks recruit more than 1,00,000 candidates for various roles. In the terms of the employment in government sector, Banking is the most lucrative sector to grab a government job. Also banking jobs, especially with the state or central government of India, are particularly lucrative since they guarantee a job security and time to time increment and salary promotions. If you wish to become a part of this sector, then you will have to find out about all the Bank Exams in India that you will be able to appear for.

India has 93 commercial and 27 public sector banks out of which 19 are nationalized and 6 are SBI and its associate banks as well as PSUs. Every year, multiple exams are conducted by Banking sector for the recruitment of Bank Probationary Officers, Management Trainees, Clerks and for various other posts. Bank exams for Bank recruitment are conducted by various agencies. Prior to 2014, All Public Sector Banks used to conduct their own entrance test, GDs and Personal Interview for recruiting candidates. However, after 2014, IBPS conducts recruitment Tests for 12 PSU Banks. SBI and NABARD conduct their own separate recruitment exams.

In this article, we will look at various entry level examinations which are held by different banks or institutes for various positions.

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).

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.

Syllabus of all 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.

Computer:

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

Bank Exams Preparation Tips

If you wish to join the reputed Banking Sector, then it is really important to get acquainted with the latest exam pattern of Bank Exams by practising from the previous years’ papers, Online Mock Test Series and sample papers based on the latest exam pattern and know your strengths and weaknesses. If you want to stay ahead of your competitors, it is really necessary to devise a proper strategy and work accordingly to scale Bank Exams. Always focus on the Syllabus of the Bank Exam you are appearing for. Time management and Accuracy are two key factors that you should keep in mind while preparing for Bank Exams 2019.

Keep reading our blogs to enhance your skills and accelerate your preparation for Bank Exams. Buckle up and start your extensive preparation for Bank Exams 2019 today!