Banking is among the fastest growing industry in India and they are considered like sunrise segment of Indian Economy. More so, the government is concentrating on offering banking services in every village and town, through its Financial Inclusion scheme. And so, more and more branches of the banks are getting opened in each and every part of the country.
As the sector is expandingrapidly, it also needsmanpower at numerous levels. Most importantly the recruitment in bank sector occurs at the following levels:
Bank Probationary Officer (Bank PO): It is a managerial position in a bank. After the necessary 1 to 2-year training, applicants are designated as Deputy Managers (DM) or Assistant Managers (AM). Starting Salary of a Bank PO varies from Rs. 30,000 – Rs. 40,000, liable upon bank to bank and place of posting.
Bank Clerks: As the name implies, it is a clerical position in the bank and this can be seen as entry level position in a bank. Salary of a Bank Clerk is usually in the range of Rs. 20,000-25,000 liable on bank to bank and posting place.
Specialist Officers (SO): Banks also hire aspirants for specialist profiles such as –HR Officer,IT Officer, Marketing Officer, Law Officer, Finance Officer, Agriculture Officer etc. Typically, the grade and the first salary of Specialist Officer is in the similar range as Probationary Officers.
Every year, government banks select more than 1,00,000 candidates for numerous roles. So, in the terms of the occupation in government sector, Banking is the most productive sector to grasp a government job.
Following banks are the chief banks which are enlisting frequently over the years –Reserve Bank of India, State Bank of India, NABARD, SIDBI PSU Bank: Andhra Bank, Allahabad Bank, Bank of Baroda, Bank of India, Canara Bank, Bank of Maharashtra, Corporation Bank, Dena Bank, Central Bank of India, Indian Bank, Oriental Bank of Commerce, Indian Overseas Bank, Punjab & Sindh Bank, Syndicate Bank, Punjab National Bank, Union Bank of India, UCO Bank, Vijaya Bank, IDBI Bank, United Bank of India, Bharatiya Mahila Bank.
IBPS PO Exam Pattern
IBPS PO Exam is conducted in three phases: Preliminary Exam, Mains Exam and Interview Process. It is obligatory for anapplicant to crackeach level of examination to get recruited to the post of Probationary Officer in many Public Sector Banks.
IBPS PO Preliminary Exam Pattern
The IBPS PO preliminary examination is organized online and contenders are allocated total duration of 1 hour to finish the preliminary exam. It contains3 sections, which have total 100 questions and the maximum score of 100 marks. There is also negative marking of 0.25 marks as a penalty against every wrong answer. It is essential to clear the cut-off in all 3 segments to qualify for the IBPS PO Main exam.
IBPS Prelims Exam Pattern
|Sr. No.||Subjects||No. of questions||Marks||Time|
|1||Quantitative Aptitude||35||35||1 hour total|
IBPS PO Mains Exam Pattern 2019
IBPS PO Mains Exam has undergone several changes. Below we are discussing those changes in detail:
Introduction of Descriptive Paper: Similar to SBI PO 2019 Exam, IBPS presented Descriptive Paper in its Mains Examination where applicants will be judged on the basis of their written skills. Candidates are required to write an essay and letter which comprise 25 marks and have to be completed in 30 minutes.
• The overall time given for each segment has also been changed.
• No separate paper will be organized for Computer Applications. Reasoning is now merged up with Computer Aptitude segment and this whole section will comprise 45 questions of a total of 60 marks.
• The overall time given for IBPS PO 2019 Mains Exam has also been altered from 140 minutes to 180 minutes.
IBPS PO Examination Pattern 2019
|Sr. No.||Name of test||No. of Questions||Max. Marks||Medium of Examination||Time Allotted|
|1||Reasoning & Computer Aptitude||45||60||English & Hindi||60 minutes|
|2||English Language||35||40||English only||40 minutes|
|3||Data Analysis and Interpretation||35||60||English & Hindi||45 minutes|
|4||General, Economy/Banking Awareness||40||40||English & Hindi||English & Hindi|
|English Language (Letter Writing & Essay)||2||25||English||30 minutes|
IBPS PO 2019 Interview Process
Candidates who clear the Mains Exam are ultimately called for the Interview Process by IBPS. The IBPS PO Interview Process will comprise of 100 marks and the least marks for clearing this round will be 40% which is diminished to 35% for applicants belonging to ST/SC/OBC/PWD categories.
Penalty for Wrong Answers:
0.25 marks will be deducted for each question wrong question attempted by a candidate in both IBPS PO 2019 Preliminary Examination& IBPS PO 2019 Mains Examination. There will be no deduction of numbers for a question left blank/left unattempted by a candidate.
The final selection of the applicant to the post of Probationary Officer will be done by taking into consideration the collective score of Mains Exam and the Interview Process. The marks obtained in these phases of examination will be considered in the ratio 80:20 correspondingly. A merit list will be created after the Interview Procedure of IBPS PO 2019 Exam has been organized. Applicants who make it to the list will be thereforepresented the joining letter by the Bank of their preference.
IBPS PO Syllabus 2019
To be successful in IBPS PO exam, it is really necessary to know the thorough IBPS PO Syllabus. The syllabus is a quite different for IBPS PO Preliminary Exam and IBPS PO Mains Examination.
IBPS PO Preliminary Exam Syllabus
IBPS PO Preliminary Exam is the main selection round of IBPS PO Exam. Applicants who clear the preliminary exam are qualified to appear for the mains examination. The Preliminary Exam of IBPS PO includes three major sections: Quantitative Aptitude, Reasoning, and English Language.
|English Language||Quantitative Ability||Reasoning|
|Reading Comprehension||Simplification||Logical Reasoning|
|Cloze Test||Profit & Loss||Alphanumeric Series|
|Para jumbles||Mixtures & Allegations||Ranking/Direction/Alphabet Test|
|Miscellaneous||Simple Interest & Compound Interest & Surds & Indices||Data Sufficiency|
|Fill in the blanks||Work & Time||Coded Inequalities|
|Multiple Meaning/Error Spotting||Time & Distance||Seating Arrangement|
|Paragraph Completion||Mensuration – Cylinder, Cone, Sphere||Puzzle|
|Ratio & Proportion, Percentage||Syllogism|
|Number Systems||Number Systems|
|Sequence & Series||Input Output|
|Permutation, Combination & Probability||Coding Decoding|
IBPS PO Mains Exam Syllabus
The IBPS PO mains examination is the essential phase of IBPS PO Examination. Maximum weightage is given to marksacquired by candidates in IBPS PO Mains Exam in the final recruitement to the post of Probationary Officer. The IBPO Mains Examination consists of 4 + 1 sections: English Language, Quantitative, Reasoning & Computer Aptitude, Aptitude & General Awareness.
|Quantitative Aptitude||General Awareness||Reasoning & Computer Aptitude||English Language|
|Simplification||Financial Awareness||Verbal Reasoning||Internet||Reading Comprehension|
|Percentage||General Knowledge||Circular Seating Arrangement||Keyboard Shortcuts||Grammar|
|Ratio and Percentage||Linear Seating Arrangement||Computer Abbreviation||Verbal Ability|
|Data Interpretation||Double Lineup||Microsoft Office|
|Mensuration and Geometry||Scheduling||Computer Hardware|
|Quadratic Equation||Input Output||Computer Software|
|Interest||Blood Relations||Operating System|
|Problems of Ages||Directions and Distances||Networking|
|Profit and Loss||Ordering and Ranking||Computer Fundamentals /Terminologies|
|Number Series||Data Sufficiency|
|Speed, Distance and Time||Coding and Decoding|
|Time and Work||Code Inequalities|
|Permutation and Combination And Probability|
|Mixture and Allegations|