Banks

bank exam coaching vijayawada

Bank exams coaching in vijayawada – vvacademy

No-1 Coaching institute for Banks PO , Bank Clerk , SBI PO , SBI SO, IBPS PO , IBPS SO and other Banking Exams 

 

About Bank Jobs

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.

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.

 

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 PO: It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Probationary Officers. IBPS Clerk: It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Clerical Cadres.

IBPS Specialist Officers (IBPS SO): It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Specialist Officers like Marketing Officer, IT Officer, HR Officer etc.

IBPS Regional Rural Bank Exam: Institute of Banking Personnel Selection (IBPS) conducts a common written 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 recruit 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.

RBI Assistants Exam: RBI recruits Clerical Cadres through an All India exam. Again, a job in RBI is considered very prestigious.

 

Bank Exam Procedures

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.

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


Examination Qualification Age Limit Post Last Date
AIC AO Graduation 21-30 years 50 10-10-2017
Bank of Maharashtra SO Graduation 25-35 years 110 7-10-2017
Federal Bank Clerk and PO Graduation 20-28 years NA 24-09-2017
Punjab-Haryana High Court Clerk Graduation 18-30 years 350 NA
IBPS Clerk Graduation 20-28 years 7853 3-10-2017
Nainital Bank PO Graduation 21-27 years NA 12-9-2017
OICL AO Graduation 20-30 years 300 15-9-2017

IBPS - CLERKS

IBPS - PO

IBPS - RRB

IBPS - SO

RBI

SBI - PO & CLERKS

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