500+ Topic Wise and Mock Tests, covering comprehensive syllabus of Clerical Exams (IBPS-PO), PO/MT (SBI & IBPS), IBPS-RRB exams, Specialist officer, RBI Exams
IBPS stands for the Institute of Banking Personnel Selection and is a government body that conducts examinations and tests to identify the appropriate candidates for several government posts and jobs. The exams are conducted only for banks and government concerning departments and those who have frequent tie-ups with the IBPS. IBPS is governed by the RBI, Finance Ministry of India and National Institute of Bank Management. Apart from the governing bodies, other public banks and insurance company representatives also play a vital role in decision making.
Based on the previous years' count, every year multiple examination sessions are held and the exams witness over a crore candidate annually. The number only increases every year stating the increasing demand and scope of the banking sector.
With the world evolving in the internet space, efficient online bank exam preparation kits are available for a better learning experience.
During the early 1990s with the New Economic Policy, International Banks were approached for the advancement of the country and its banking sector.
In recent times, banks are constantly branching out to all corners of the country and are on the lookout for employees at all times. In such a time, with explosive growth for the convenience of customers across the country, there is also an outburst of recruitment needs in the sector. A graduate in any field with proficiency in any local language can appear for banking exams
Some of the prospective job positions in the banking sector are:
Few of the top public sector Indian banks who look forward to finding prospective employees through IBP include, Allahabad Bank, Andhra Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Dena Bank, Indian Bank, Indian Overseas Bank, IDBI Bank, Punjab National Bank, State Bank of India, UCO Bank, Union Bank of India, and Vijaya Bank.
AspireBuzz offers an intensely comprehensive quality course module for any form of bank exam online preparation in India. The bank PO online test series consists of extensive topic wise tests and mock tests to practice and sharpen your skills, thus helping candidates with an effective bank exam online test preparation from any time, anywhere at convenience. AspireBuzz provides easy ways for banking preparation online and does not disappoint the aspirants with its high-quality content.
India being a developing country, banks function as the backbone of the country's economy. Being unscathed by the global financial turmoil that India faced from the past few years and the scarcity of jobs in private sectors as per the Quartz report, banking sectors emerged victorious. Rather banking sectors in India is growing at a rapid rate and is among one of the fastest-growing industries present. The rapid advancements in banking have paved the way for employment manifold opening a huge plethora of banking career opportunities for those aspiring to be future bankers. The demand for the government sector jobs such as banking spiked ever since the 7th pay commission was announced. The commission recommended a steep revision in pay packages and perks bringing them on par with most private-sector jobs. The revision in many cases is as high as three times the existing package. Most of these banks offer better packages today and give a performance and experience-based promotion. Due to a high degree of job security, salaries and exciting growth opportunities offered, bank jobs are now supposed to be one of the most lucrative ones.
Moreover, Government jobs claim to offer various perks ranging from holidays, leave, PF, bonuses, gratuity, medical and travel allowance, etc. Depending on the level or grade, one can even avail the facilities like accommodation, education for children, leave travel, and much more. Mostly such perks are unheard of in case of private-sector jobs and can be gratifying. In the last two decades, Public Sector Banks in India have witnessed a transition from traditional banking to modern technology-driven banking. Exposure to competition has made these banks restructure their processes, systems and product line. Post nationalisation, the Banks were asked to open more branches in rural areas. The expanded network gave a new identity to these banks and millions of new customers came into the picture. The business of banking has now moved from class banking to mass banking. It is estimated that public sector banks are going to employ more than 7 lakh people shortly by the issuance of new licences and efforts being made by the RBI and the government to expand financial services into rural areas. There are various positions available in the banking sector out of which the two major ones are Clerks and Probationary Officers (P.O.)/ Management Trainees (M.T.).
Age limit: 20 years to 28 years
Educational Qualification: any graduate program from a UGC recognized university.
The qualifying examination is in the form of CWE which is a Common Written Examination conducted by IBPS and involves multiple-choice questions. It consists of a test of reasoning ability and numerical aptitude, a test of clerical aptitude, a test of English language and test of general awareness too. The candidates are selected based upon the final merit list which is the aggregate of marks in written examination and interview.
Age limit: 20 years to 30 years
Educational qualification: 55% marks required in any graduate program from a UGC recognized university.
Probationary officers (Bank PO) are recruited in public sector banks based on the performance in Common Written Examination (CWE) and interview conducted by the IBPS. The qualifying test for probationary officers includes data interpretation and logical reasoning, general awareness, English and verbal reasoning. Many a time officer cadre is filled after promotion in clerk positions and at times to meet the rising demands direct recruitments are also being done.
In case you're wondering how to go about preparing for IBPS exams. Here are some of the tips that would help during your preparation.
A timetable can be largely helpful throughout your preparation process. When you create one, remember to keep it real and practical. Think of the number of hours you can dedicate in a day and accordingly create the timetable. With a timetable, you'll be able to allocate proper hours for studying and also follow your otherwise routine.
If you already have the habit of reading, increase it or else it's time to start reading at the earliest. In an IBPS exam, general awareness around current affairs, proficiency in English, and computer aptitude are crucial. Reading on a variety of topics and increasing your awareness can help largely to clear your IBPS exam.
Find old question papers and practice question papers and spend an adequate amount of time on the same. Online tests for bank exams is one of the ways to ensure that your practice sessions are more productive and result oriented. With practice, you'll be more familiar with the pattern, structure and the kind of questions that are asked every year. Practice can also help with time management and also overcome anxiousness on the day of examination. With organized online test series for bank exams, practice sessions can get way easier and convenient.
Considering the number of topics and sub-topics in the syllabus, it is best recommended to keep revising as and when chapters are completed. Maintaining notes while you study is a great hack to help in revision. Looking back at the important points and key highlights of the topic are always helpful.
In most eligible tests, the pressure is way too much to face at times. With the help of mock tests, the candidate can get a better feel of the exam and overcome the challenges that might come his/her way. With efficient e-Learning platforms like AspireBuzz, aspirants can get access to practice material like IBPS PO online mock tests, online mock test for SBI PO, SBI prelims online mock test and more.