About Bank PO Exams

Bank Probationary Officer (PO) is a good profile post in any bank. Candidates can be recruited as bank PO after clearing the Bank PO Exam conducted by the respected bank. So it all depends on the performance in the exam, the better you perform, higher is the probability to cut through the competition. Since, there is no specific task for a PO, therefore a PO can be asked to do anything till the completion of probation period. One the employee has been confirmed with the job he/she can be given the routine work like posting, passing, scrolling or advances or anything that is related to banking. There are many jobs for a PO. Almost all the banks all over India require a Probationary officer. So the future aspects to be a PO are too good for a youth. Students interested in Banking must try for a Probationary Officer. Probationary Officer earns a good amount of salary, since there are limited seats for a PO in every bank, it is difficult to crack the PO Exam conducted by the bank. PAYSCALE : PAY Selected candidates will be on probation for a period of two years. They will get a starting basic pay around Rs.12000/- In the scale of Rs.10,000-470/6-12820-500/3-14320-560/7-18240 applicable to Officers Junior Management Grade Scale I. They will also be eligible for D.A., H.R.A. & C.C.A. as per rules in force from time to time. At present, initial monthly emoluments of Probationary Officers, including D.A., H.R.A. and C.C.A., are approximately Rs.17000/- at Metropolitan centres. Selection Procedure a) Tier I - Preliminary Examination: Time 2 Hrs. (combined)

Candidates will be called for an objective type examination. The objective type examination will consist of i) Reasoning Ability Testii) Quantitative Aptitudeiii) General Awareness/Computer Knowledgeiv) English Language b) Tier II - Main Test: Time 3 Hrs. (combined) Main test will be an Objective and Descriptive type examination. The objective type examination of 2 hours duration will consist of :i) Test of Reasoningii) Data Analysis and Interpretationiii) Marketing Knowledgeiv) Test of English Language The Descriptive type examination will be a test of English knowledge - Time 60 Minutes C) Tier III - Group Discussion & Interview: Qualifying candidates will be called for Group Discussion and Interview and the shortlisted candidates from Tier III will be considered for final selection to the post of probationary officer. NOTE: Candidates have to pass both in Tier II & Tier III for final selection. Eligibility Criteria: Candidate must be nationality of India.Candidate must have completed their graduation with at least 60 % aggregate from the recognized University to be eligible for this course.Candidate must be computer literate to be eligible for this course.Candidate must be above 21 years of age and must not be more than 30 years of age.

How to Prepare for Bank Probationary Officer Exam?

Probationary Officer Posts are the entry level job for a graduate to start a career

in management side of banking companies. People who get in this position can move up in ladder to high positions such as Manager, General Managers, etc. These high position jobs will be acquired by one depending on their performance and experience.

The banking sector has been growing to a large extend and the requirement for the skilled graduates are also increasing. Bank P.O ensures a bright career after graduation. Because of this reason many graduates show interest in this field. Being an Officer in nationalized banks not only gives an individual a respectful job, but it also promises better pay packages and job satisfaction. Preparing for bank P.O examinations needs more preparation when compared to other competitive exams like Bank clerks, Railway exams and staff selection commission. On an average more than 2000 vacancies are filled in over 25 nationalized banks and in private banks every year. So graduates can easily get into these jobs if they have prepared for the exams in a well scheduled manner. Eligibility for Bank P.O Exams The minimum eligibility for Bank P.O exams is graduation in any subject. Usually the percentage required is 60% in graduation, 12th and 10th, while some banks require only 50% for these. Bank P.O Examination Pattern The question pattern for almost all banks for P.O exams is same. It will include two sections, an objective test and descriptive test. The objective test is further divided into four or five sections. Candidates have to qualify each section separately. The descriptive test is also compulsory for qualification. The duration for objective type test is two hours. It generally comprises of 200 to 250 questions from the given topics. Reasoning ability Quantitative aptitude Test of English General awareness & computer awareness The descriptive test usually includes the questions which are of essay type. Candidates have to answer the questions given on any topic. Duration for this test is 60 minutes. The marks obtained in this test are not added to the final selection but it is necessary for them to qualify the examination. Preparing for Bank P.O Exams In these examinations candidates have to answer 200 to 250 questions in only two hours. So it is necessary for them to develop fast mathematical calculations, tricks to find the answer, short methods, etc. They should plan a well structured schedule for preparations. The questions on reasoning are usually confusing, so they must allot more time for practicing these questions. Quantitative aptitude comprises questions on simple mathematics like algebra, profit, loss, arithmetic problems, etc. Practice is the only way to crack these

reasoning and quantitative aptitude questions. There may be questions based on figures, analysis, statements, etc. to test the problem solving skills of the candidates, so they should practice as many questions of these types also. The test of English usually includes questions from grammar, synonyms, antonyms, comprehension reading questions, etc. Basic knowledge in English is necessary for answering this section. General awareness and computer awareness, as its name indicates the questions will be based on general knowledge, current affairs, development, famous people, books & authors, etc. and computer related questions. Students should develop the habit of reading newspapers, business magazines, etc. A major factor in these exams is the time management. Students must practice on previous papers as much as they can and this will help them to develop speed and accuracy in answering. They should never answer a question with a wild guess as there is negative marking for each wrong answer. Reference Books for Bank P.O Exams Many books on reasoning and non verbal ability are available in the market now. R. S. Aggarwals Reasoning ability is one such book for preparing the reasoning section. The Mathematics books of 10th and 12th standard are enough to prepare for quantitative aptitude section. Books on Basic English are useful for preparing English part.

Indian Bank probationary officers Exam 2011

GENERAL AWARENESS Q.1 Which of the following carries out 'Open Market Operations? (1) Finance Ministry (2) External Affairs Ministry (4) Planning Commission (5) Ministry of Commerce Q. 2 Who among the following Ministers will hold telecom portfolio in addition to his own portfolio till next reallotment? (1) Kamal Nath (2) Kapil Sibal (4) Mamta Banerjee (5) None of these

Q. 3 Under provisions of which one of the following Acts, the RBI issues directives to the Banks in India? (1) RBI Act (2) Banking Regulation Act (3) Essential Commodities Act (4) RBI and Banking Regulation Act (5) None of these Q.4 On which one of the following 'Head of Expenses', the expenses of the Government of India are highest? (1) Food subsidy (2) Fertilizer subsidy (3) Pradhan Mantri Gram SadakYojana (4) Maintenance of national highways (5) Oil subsidy Q.5 Which one of the following foreign agencies will assist the municipal agencies to improve quality of municipal schools through its School Excellence Programmes (SEP) ? (1) IMF (2) UNDP (3) UNICEF (4) ADB (5) None of these Q. 6 Which one of the following tools is used by RBI for selective credit control? (1) It advises banks to lend against certain commodities (2) It advises banks to recall the loans for advances against certain commodities (3) It advises banks to charge higher rate of interest for advance against certain commodities (4) It discourages certain kinds of lending by assigning higher risk weights to loans it deems undesirable (5) None of these Q.7 For which one of the following Loan Products 'teaser loans' are offered by Banks? (1) Education Loans gold (4) Retail Trade Loans (2) Commercial Loans (3) Loans against security of (5) Home Loans ,

Q. 8 The Commonwealth Games 2010 were held in Delhi from October 3 to 14, 2010. Who amongst the following picked up the Game's first gold medal? ' (1) Augustina Nwaokolo (2) Ravinder Singh Huynh (5) None of these (3) Azhar Hussain (4) Carol

Q.9 In which one of ihe following cities was the recent meet of G-20 Countries organised ? (1) Tokyo (2) Seoul (3) London (4) Beijing (5) Singapore

Q.10 As per recent newspaper reports, which one of the following countries (among the given) has highest literacy rate? (1) India (2) Sri Lanka (3) China (4) Vietnam (5) Bangladesh

Q.11 Which one of the following has decided to give guarantee for infra loans? . (1) IDBI (2) SBI (3) IIFCL (4) SIDBI (5) None of these

Q.12 In which one of the following States is the uranium project proposed to be set up ? (1) Manipur (2) Meghalaya (3) Orissa (4) Assam (5) Nagaland

Q.13 Amongst 169 countries on Human Development Index, which one of the following is India's rank? (1) 89 (2) 91 (3) 119 (4) 129 (5) 138 Q.14 What is 'Kaveri' ? (1) India's indigeneous aircraft engine (2) India's Low Cost laptop (3) India's Air to Air Missile (5) Unmanned Aircraft acquired from Israel Q.15 An increasing finished good stock as % to sales of a manufacturing Company indicates that(A) the market is getting competitive. (B) the quality of the goods is not upto the mark. (C) the production cost has increased. (D) the production has decreased. (1) Only (A) and (B) (2) Only (B) and (C) (4) Only (C) (5) Only (D) and (A) (3) Only (C) and (D)

Q. 16 Which one of the following has got RBI nod to issue pre-paid cards to its clients?

(1) LIC

(2) GIC

(3) SIDBI

(4) NABARD

(5) None of these

Q.17 For which one of the following reasons is an amendment in Companies Bill 2009 proposed? (1) To provide more powers to Department of Company Affairs (2) To provide regulatory powers to Department of Company Affairs (3) To make Indian Accounting Standards applicable with effect from 1.4.2011 (4) To ensure smooth convergence of the Indian Accounting Standards with IFRS (5) None of these Q.18 As per recent newspaper reports, India's public debt rises 2.8 percent to Rs. 28 lakh crores. Which one of the following is the reason that has forced commercial banks 10 buy Government securities? (1) Lack of credit growth (2) Increase in credit growth (3) Raising of repo rate (4) Raising of reverse repo rate (5) None of these Q.19 In which one of the following States Sariska Tiger Reserve is located? (1) M. P. (2) U. P . (3) Orissa (4) Gujarat (5) Rajasthan

Q.20 On which one of the following characters, Biometric security is based? (1) Finger prints and palm recognition only (2) Face recognition and voice recognition only (3) Hand writing and manual recognition only (4) Only(l) and (2) (5) All (1),(2) &(3) Q.21 Which one of the following may be the consequence of buying forex in the market by the RBI ? (1) It leads to inflation (2) It leads to control over inflation (3) It does not affect inflation (4) It results into deflation (5) None of these Q.22 Under provisions of which one of the following Acts, the Reserve Bank of india has the power to regulate, supervise and control the banking sector? (1) RBI Act (2) Banking Regulation Act (3) Negotiable Instrument Act (4) RBI and Banking Regulation Act (5) None of these Q.23 Who amongst the following is the author of the book "The God of Small Things" ? (1) Chetan Bhagat (2) V.S. Naipul (3) Namita Gokhale (4) Kiran Desai (5) Arundhati Roy

Q. 24 Which one of the following has proposed $ 11 billion infrastructure debt fund? (1) NABARD (2) SBI (3) RBI (4) Ministry of Finance, Govt. of India (5) Planning Commission Q. 25 Myanmar's pro-democracy leader Suu Kyi is a _ (1) 42 years old politician (2) Bharat Ratna (3) Military General (4) Nobel Prize winner (5) None of these Q.26 Which one of the following factors influence working capital of a unit? (1) Seasonally of operations only (2) Production Policy only (3) Suppliers Term only (4) Only (1) and (2) (5) All (1), (2) & (3) Q.27 The G-20 Summit was held in which of the following places in October 2009 ? (1) Paris (2) Vienna (3) Tokyo (4) Pittsburgh (5) London Q.28 As per a newspaper report, only few countries are left to make NonProliferation Treaty (NPT), a universal treaty. Which of the following is one of them? (1) Japan (2) Indian (3) Italy (4) France (5) Russia Q. 29 Which TV channel has been in the news for its coverage of the Bin Laden crisis, especially for having carried all broadcasts of Osama Bin Laden to. audiences in West Asia? (1) Star Asia (2) BBC Asia (3) Al Jazeera (4) Khaleed Times (5) None of these Q.30 India will host the world Tiger Summit for the first time in 2010. The Summit will be organized in __ (1) Kolkata (2) Bharatpur (3) .Junagarh (4) Ranthambore (5) None of these Q.31 Under what name is MTNL marketing its GSM based mobile telephony? (1) Swarna (2) Dolphin (3) Speed (4) Vayu (5) None 0 f these Q.32 Which of the following countries has been fully suspended from the Common wealth of Nations after its refusal to announce General Elections which have been due since long? (1) Pakistan (2) Nepal (3) Fiji (4) Sri Lanka (5) None of these Q.33 What is the name of the branded petrol with cleansing additives that is being marketed by HPCL? (1) Power (2) Premium (3) Speed (4) Clean X (5) None of these Q. 34 Under what name is MTNL marketing its CDMA based WiLL service in

Mumbai and Delhi? (1) Dolphin (2) Swarna

(3) Garuda

(4) Seema

(5) None of these

Q.35 Which of the following countries agreed recently to discontinuar efuelling ships in the Indian Ocean for the NATO led coalition in Afghanistan? (1) Japan (2) Indonesia (3) Bangladesh (4) Pakistan (5) None of these Q.36 To which business group did the Ambanis of Reliance Group sell their holding in Larsen and Toubro? (1) RP Goenkas (2) A V Birla (3) Kanorias (4) Mittals (5) None of these Q.37 Name the brand that was launched and promoted by a famous fatherson duo. (1) ICICI Credit cards (2) Parket Beta (3) Maruti Versa (4) All of these. (5) None of these Q.38 What is the sub brand of the new car that Toyota is launching in India? (1) Accord (2) Jupiter (3) C Planet (4) Camry (5) None of these Q.39 Who amongst the following is the winner of the Mahatma Gandhi International Award for Peace and Reconc iliation 2009 ? (1) Yukiya Amano (2) Aung San Suu Kyi (3) Bill Gates (4) Hillary Clinton (5) None of these Q.40 With which brand would you identify the famous advertising slogan 'Think Different'? (1) Apple (2) IBM (3) Wipro (4) HCL (5) None of these Q.41 Credit Rating (1) (2) (3) (4) (5) is is is is is .

used to rate the borrowers while giving advances. used to work out performance of the employees. used to calculate the number of excellent audit rated branches. NOT used in any Bank. necessary before giving promotion to employees

Q.42 Who amongst the following is the recipient of the 'Dadasaheb Phalke Award - 2010'? (1) Javed Akhtar (2) Amitabh Bachchan (3) Guizar (4) Hema Malini (5) None of above Q.43 In Corporate Hedging, which one of the following types of risks can be covered? (1) Liquidity risk (2) Currency risk (3) Credit risk (4) Transaction risk (5) None of these

Q.44 Bank of Rajasthan is now merged with which of the following banks? (1) AXIS Bank (2) IDBI Bank (3) ICICI Bank (4) HDFC Bank (5) None of these Q.45 As per GDP figures on calendar year basis, according to World Bank, which one of the following economies will have highest GDP growth in the year 2011 ? (1) US (2) China (3) Japan (4) India (5) Brazil Q.46 In respect of infrastructure bonds is sued under provisions of Section 80 CCF of the Income Tax Act, what is the maximum amount (Rs. in thousands), upto which these bonds can be covered? (1) 30 (2) 20 (3) 40 (4) 5.0 (5) None of these Q.47 Which of the following is the full form of the abbreviation 'IFRS' as used in corporate / finance Sector ? (1) (2) (3) (4) (5) Indian Financial Reconciliation Standards Interpretation and Formal Reporting System International Financial Reporting Standards International Financial Reporting System None of these

Q.48 As per the new guidelines issued by SEBI, companies are required to list shares within how many days of the closure of the Initial Public Offers (IPOs) ? (1) 60 days (2) 12 days (3) 30 days (4) 45 days (5) None of these Q.49 RTGS stands for ----(1) Real Time Gross Settlements (2) Reduced Time Gross Settlements (3) Relative Time Gross Settlements (4) Real Total Gross Securities (5) None of these

Answer:
(1)3 (2)2 (3) 1 (4) 1 (5) 5 (6) 1 (7)5 (8) 5 (9)2 (10)2 (11)3 (12)2 (13)3 (14)1(15)2 (16)1 (17)4 (18)4 (19)5 (20)5 (21)3 (22)4 (23)5 (24)5 (25)5 (26)2 (27)5 (28)4 (29)3 (30)3 (31)4 (32)2 (33)3 (34)1 (35)3 (36)1 (37)2 (38)3 (39)4 (40)2 (41)1 (42)1 (43)5 (44)2 (45)3 (46)2 (47)2 (48)3 (49)3