How To Prepare For The Latest Banking Exams - 2015

India is a nation which is projected to grow at a rate faster than its stalwart counterpart China in Fiscal Year 2015-16. This is rare and has happened for the first time since 1999. For an economy to grow at a stable rate it is essential that it has a stable and fast growing banking system. Thus, that being a requisite would mean more manpower resource requirement for the sector as well.

Each year lakhs of aspirants aspire for banking exams and especially for PSU banks. The trend came into being essentially after the last global recession hit markets. Banking jobs like other jobs have a certain structure. In public sector banks for instance a fresher based on eligibility may apply to positions like SWO or Single window operator (Clerk), Specialist and Probationary Officer. For those keen, a useful thing to have an eye on would be the IBPS time table which the Institute of Banking Personnel Selection released earlier in the year.

Thus, in order to appear and clear there are a few ideas which can serve one well such as:


  • One should have a clear set of goals and aspirations. This should be, the type of bank whether public or private the applicant wants to prepare for and also the position he wants to aspire.


  • Further, the specialist officer exam is held annually and the PO bi-annually, hence leaving enough time for preparation.


  • The advent of the common written exam has meant that a single exam allows aspirants to apply for a number of banks.


  • The questions typically range from quantitative aptitude, English, Reasoning, computers and General awareness. For instance the PO exam for SBI will comprise of 100 questions across 3 sections with a span of an hour.


  • The year 2015 will see changes in the manner of holding exams with the process getting divided into stages. A preliminary exam which will be followed by the good performers taking the Main exam. The best from there in turn will get the interview calls.


  • Expected vacancies in Government banks will be 16 to 20 thousand for PO, 4-5 thousand for SO and 25 to 30 thousand for clerk.


  • There are many centres today imparting specialised coaching for such exams however good marks necessitate lots of practice. Previous papers are a must see as well. Further, cut offs must be kept track of to target banks as per self assessment.

Once the exams are done, GDs or interviews will finally lay down the final fate.

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