What is a banking probationary exam?

What is a banking probationary exam?

           What is a banking probationary exam?

Every year, the Institute of Banking personnel selection (IBPS) organises an exam to recruit candidates for the post of probationary officers in various public sector banks. IBPS examines a holistic control over the recruitment and selection process of candidates for this post. This is a lucrative opportunity for candidates seeking a future in public sector banks.

What is the examination process?

Every candidate has to go through two stages of examination, in order to secure a ranking in this exam. The first leg in the examination process is a common written exam where 200 questions are asked from the candidates, across areas of quantitative attitude, general awareness, computer knowledge, English language, and reasoning. This exam is followed by a common interview, after which the institute refers the names of the qualifying candidates to various banks.

Which subjects comprise the examination?

There are five subjects or areas of examination on the basis of which a candidate is assessed:

Reasoning: Carries a weightage of 50 marks and tests a student’s observation and mental ability.

Quantitative aptitude: Carries a weightage of 50 marks and is related to the field of mathematics.

General awareness: Carrying weightage of 40 marks, this section tests the knowledge of a candidate in current affairs.

English language: Again, carries a weightage of 40 marks and tests a candidates command over language.

Computer knowledge: Asked for 20 marks, it is based on simple applications of computer tools.

How can one prepare for this exam?

  • In order to secure a ranking in the IBPS PO exam, it is necessary for a candidate to inculcate regular reading habits, in order to stay tuned to the latest happenings around him.

  • A number of mock examinations are conducted and are available online for the aid of the candidates. By means of these mock tests, one can assess his level of preparation and get a general idea of the pattern of questions that are being asked in the examinations. This helps in building a proper strategy for preparation and succeeding in the exam.

  • Various books on the subjects of IBPS PO exam are available, both online and in hard copy that can be availed at various shops for proper preparation of the exam.

Which banks hire candidates after IBPS PO exam?

A number of top public sector banks make recruitments from the list of successful candidates of the IBPS PO exam. Some of them being, Allahabad bank, Indian bank, Union bank of India, Canara bank, Punjab national bank, Dena bank, Andhra bank, Syndicate bank, Bank of India, Vijaya Bank, Central Bank of India, Corporation Bank, Oriental bank of Commerce, Bank of Maharashtra, and many more.

What is the passing and eligibility criteria?

A prospective candidate ought to be in the age range of 21 and 28 and should have secured a minimum 60% marks through graduation. For passing the exam, it is necessary to secure a minimum 40% marks in each section.

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