About Bank Jobs
Banking is one of the fastest growing industries in India. 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.
A clerical position in the bank and this can be considered as entry level job in a bank.
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.
SPECIALIST OFFICERS (SO):
Banks also hire candidates for specialist profiles like IT Officer, HR Officer, Marketing Officer, Finance Officer, Law Officer, Agriculture Officer Etc.
Salary of Specialists: Ranges from Rs. 30,000 - Rs. 40,000, depending upon bank to bank and location of posting.
Every year, government banks recruit more than 1,00,000 candidates for various roles. So in the terms of the employment in government sector, Banking is the most lucrative sector to grab a government job.
About Bank Exams
Every year, multiple exams are conducted for the recruitment of Bank PO, Bank Clerk & Specialist Officers. Broadly, these exams can be classified into following Categories-
IBPS CLERK: It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) for Clerical Cadres
IBPS PO: It is a common exam conducted by Institute of Banking Personnel Selection (IBPS)
IBPS SPECIALIST OFFICERS (IBPS SO): It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) recruitment of Specialist Officers like Marketing Officer, IT Officer, HR Officer Etc.
IBPS REGIONAL RURAL BANK EXAM: Institute of Banking Personnel Selection (IBPS) conducts online exam for all the Regional Rural Banks of India (RRBs) for the posts of Probationary Officer, Clerical and Specialist Officers.
SBI PROBATIONARY OFFICER: State Bank of India conducts its own exam for recruitment of Probationary Officers.
SBI CLERK: State Bank of India conducts its own exam for recruitment of Clerical Cadres.
RBI GRADE B EXAM: Reserve Bank of India recruits officers (Grade B) through an All India exam. Through, there are very few jobs in this, but working with RBI has its own benefits and future prospects.
Bank Exams Pattern
Recruitment in government banks is generally done in three stage recruitment process.
First two phases are online test, which are called Pre and Main; 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 for 60 minutes)
Quantitative Aptitude (35 Questions),
Reasoning Ability (35 Questions),
English Language (30).
Mains exams,: (200 questions for 120 minutes )
Basic Computer Knowledge.
Number Systems, Ratio & Proportion, Percentage & Averages, Profit & Loss, Mixtures & Allegations, Simple Interest & Compound Interest, Surds & Indices, Time & Distance, Mensuration – Cylinder, Cone, Sphere, Sequence & Series, Permutation Combination & Probability, Quadratic Equations, Data Interpretation.
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.
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.
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.
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