Listed are some of the most frequently asked question regarding the exam and its scope.
#1.Positions: Recruitment to RRB (Regional Rural Bank) and SO (Specialist officer) are two tier processes and for PO (Probationary Officer) and clerks, it's three tier.
P.O: Consists of a preliminary test of 100 marks,followed by a main exam of 200, and finally an interview.
Clerk:Same pattern as P.O selection
S.O:Online written examination followed by an interview.
R.R.B:a main examination of 200marks and then an interview.
#2.Statistics :IBPS CWE is one of the most competitive exams in India. With around 20lakh candidates taking this exam annually, it is quite a tough nut to crack. On an average, only1 in 2000 candidates get selected each year. Candidates taking the CWE get selected for the interviews in a ratio of 80:20.
#3. Academic requirements: The syllabus includes questions based on General Awareness, English Language, Quantitative Aptitude and Computer knowledge. While most candidates prefer to take professional coaching for the exam, it is recommended to start on your own if you have strong basics in Maths and English. You can then go for mock tests online, or in any coaching centre near you. For recruitment to majority of positions in banking, a certificate in any computer course holds immense value. Computer literacy is a must. In the interview, questions related to banking, trade and commerce are common.
#4.Participating banks: Here's a list of banks recruiting through the examination conducted by IBPS.
Bank of Baroda
Bank of India
Bank of Maharashtra
Bharatiya Mahila Bank
Central Bank of India
Indian Overseas Bank
Oriental Bank of Commerce
Punjab National Bank
Punjab & Sind Bank
Union Bank of India
United Bank of India
Export Credit Guarantee Corporation of India Bank
State Bank of India
Plus, there around 50 regional rural banks(RRBs) in the list.Some banks choose to conduct their own recruitment processes.
#5. Eligibility: The candidates must be between 20-28 years of age. Five years of relaxation for SC/ST, three years for OBC & ten years for the differently abled. The candidate must have studied computer as a subject in high school or college. Otherwise, he/she must possess a certificate or a diploma in computer language/ computer operations from a recognized institute. He/she must be able to read and write the regional language of the state of residence. Interested candidates must be a graduate in any discipline, from a recognized university.
Cracking the IBPS (CWE) is the first step to getting your hands on that dream bank job. Once the exam results are out, a list of shortlisted candidates are put up on the IBPS website. Shortlisted candidates will then receive letters of intimation from individual banks with information on the next plan of action. Candidates are then given a two week training on functions of a bank before they are posted at a certain centre of a bank.
With the government intending to bring about considerable reforms in the banking sector, the industry is set to create a large number of job opportunities in the near future.
For more information on the IBPS exam – Click here http://www.ibps.in/