Banking in India
Banks in India have always proved out to be reliable and have been nearly uninfluenced by any global crisis in banking industry. Indian Banks have now extended their activities and are into new services like insurance, credit cards, internet banking, investment banking, consumer finance, mutual funds, pension and stock related services etc. Given the size of the industry and scope of banking, there will always be a lot of career opportunities for both the fresh graduates and experienced professionals.Format
Tips to Score Well in Each Section
Here is some useful information about the type of questions in each section and some tips to score well in each section: 1. Quantitative Aptitude This section tests the mathematical ability of the candidate. It usually has questions contains based on basic school level maths (NCERT) which will cover the following types:- Calculations and approximations
- Data Interpretation
- General Mathematics (topics like average, number systems, time and work etc)
- Quantitative Comparisons
- Odd Man Out/Complete the Series
- Try to score well in Data Interpretation. Read the given data carefully and then try to find out what is the requirement to solve a problem.
- Try to make approximations and eliminate the given options wherever possible.
- Learn the basics by reading the school level NCERT maths textbooks.
- The odd man out type questions do not require any conceptual knowledge but general calculation skills including multiplication, squares etc.
- Non Verbal Reasoning
- Data Sufficiency
- Linear and circular Arrangement
- Distributions
- Blood Relations/Deductions
- Logical Venn diagrams
- Remember that the objective of Data Sufficiency problems is NOT how to “solve” a question but to find out if it can be solved with the provided data or not.
- Maximize your analytical skills by practicing sample reasoning problems.
- Set time constraints, especially for this section since you can’t afford to spend too much time on this section.
- Make sure to never assume anything and to read all the provided data carefully.
- Synonyms and antonyms
- Paragraph completion/ vocabulary
- Rearrangement of sentences
- Reading comprehension
- Develop a daily habit of reading newspaper and learn 5 new words every day. This will help enhance both your comprehensive skills and vocabulary.
- Note down the new words with their meaning and synonyms, while you learn them.
- Watch English news and T.V channels.
- Buy a pocket dictionary and keep it with you wherever you go.
- Principles and policies in the banking industry
- National and international affairs
- Recent technologies and changes in banking domain.
- National Economy
- Finance and Budgeting
- National honours and awards
- Reading newspaper is the primary source to excel in this section.
- Know what’s happening in the world and around you. Listen to the news daily.
- Read about the recent changes in economy and budget.
- Read about the Reserve Bank of India.
- Build strong knowledge about the basic banking terminologies, policies and advancements.
- Basic computer related terminologies and abbreviations.
- History of computers.
- Software & Hardware.
- Basic Knowledge of Ms-office tools like word, excel etc.
- Knowledge of basic internet usage.
Rememeber
- The steps required in solving the problem won’t get you any marks. Since it’s an objective exam, you’ll get marks only if you select the correct option.
- For every wrong answer one fourth of the marks are deducted which means for every 4 wrong answers 1 mark will be deducted.
- Every section might have a separate cut-off.
- There is no specific syllabus for this exam. You can only study the last year’s question papers and solve mock tests to practice for this exam.