One’s vocabulary is essential for scoring marks in Exams as well as effective communication. To assist aspirants in their quest to govt. or bank job, we present a daily vocabulary featuring carefully curated words along with their antonyms and synonyms. A good vocabulary not only improves comprehension but also improves writing and speaking skills. Our team has initiated a new way to learn vocabulary by providing a visual description of Words.
Awry
Meaning: Turned or twisted toward one side; crooked, distorted
Newspaper: THE HINDU
Use of the Word
In politics, allegations against each other when relationships go awry are very common.
The situation gets worse when a relationship goes awry at the workplace.
Synonyms: wrong, amiss
Antonyms: even, straight
Q. Which of the following is not a synonym of the word Awry?
amiss
twisted
uneven
ok
Similar Sounding Words with Different meaning:
Grate: to annoy or irritate
Great: a person or thing of special ability or importance
Ans: d) Ok. The word has the opposite meaning of Awry. So it can be an antonym of awry.
There are numerous benefits of Building a strong vocabulary in Academics, Working Professional life or in day-to-day business. Some of them are mentioned below
Increase Score in Exams: A strong vocabulary is correlated with increasing overall marks in Exam
Language Proficiency: Improved understanding of Synonyms and Antonyms enhances language comprehension and fluency
Communication Skills: A diverse vocabulary makes effective communication, in both spoken & written forms.
Vocabulary Expansion: Regular Exposure to new words enhances English language depth.
Confidence: Instills confidence in expressing ideas and opinions articulately.
The New India Assurance Company Limited has conducted the mains examination at the various centers all across the country for the 300 vacancies of Assistant. Candidates who appeared for the exam would now be curious to know the NIACL Assistant Mains Expected Cut Off 2024. Through the expected cut off marks, aspirants get an idea of the qualifying status and eligibility for the next stage of the recruitment process.
NIACL Assistant Mains Cut Off 2024
NIACL Assistant Mains Cut Off 2024 will be made available along with the scorecard after the declaration of NIACL Assistant Mains Result 2024. Candidates who score more than or equal to the minimum qualifying marks will be called for the Regional Language Test. The NIACL Assistant Cut Off 2024 for Mains depend on number of factors such as the vacancies, difficulty level of the paper, and number of candidates appearing for the examination. Aspirants need to bookmark the post as we will keep on providing the latest updates related to NIACL Assistant Mains Cut Off 2024 in the given post.
NIACL Assistant Prelims Cut Off 2024
The NIACL Assistant Prelims Cut Off 2024 varies on various factors, including vacancies, difficulty level of the exam, and number of candidates appearing in the exam, etc. As per the candidates, the prelims exam on 02 March 2024 was easy to moderate in terms of difficulty level. So, it was already anticipated that cut off would be high. The highest cut-off is of West Bengal i.e. 94.25 marks.
NIACL Assistant Previous Year Cut Off has been mentioned in this section. Candidates who want to apply for the following recruitment can check the previous year’s trends. Moreover, through this, the competitive level of the exam can be sensed. Here, we have listed the NIACL Assistant Previous Year cut-off for the Prelims and Mains phase separately for the sectional and overall cut-offs.
NIACL Assistant Prelims Cut Off 2018 (State Wise)
NIACL Assistant Previous Year Cutoff 2018 State wise for prelims. The cut-off table for the NIACL Assistant prelims exam is given below, the total prelims cut off marks are out of 100. Candidates can have a look at the state-wise cut off released by the NIACL for the NIACL Assistant post.
NIACL Assistant Previous Year Cut Off 2018 Section wise for prelims. Candidates can have a look at the section-wise cut off released by the NIACL for the NIACL Assistant post.
Category
T1
T2
T3
SC, ST, OBC, PC, EXS & DISEXS AND DXS
11
11
13.50
GENERAL
14.75
16.25
17.75
NIACL Assistant Mains Cut Off 2018
NIACL Assistant Previous Year Cutoff 2018 State wise for mains. The cut-off table for the NIACL Assistant mains exam is given below, the total mains cut off marks are out of 250. Candidates can have a look at the state-wise cut off released by the NIACL for the NIACL Assistant post.
NIACL Assistant Mains Cut-off 2018 (State Wise)
State/UT
General
OBC
SC
ST
Andhra Pradesh
169.38
127.20
Andaman & Nicobar(Port Blair)
150.32
125
Chandigarh
175.01
159.69
139.38
Goa
141.88
Assam
156.26
146.57
130.31
123.75
Bihar
169.38
Chhattisgarh
171.57
136.26
118.45
Delhi
171.87
155.64
144.70
124.07
Gujarat
164.38
148.76
156.25
117.51
Haryana
174.38
135.62
Himachal Pradesh
173.77
142.20
Jammu & Kashmir
173.13
145
121.88
Jharkhand
170.01
138.45
Karnataka
160.3
149.38
130.94
132.83
Kerala
173.76
167.50
146.88
Madhya Pradesh
170.94
136.25
121.25
Maharashtra
164.39
155
153.12
113.44
Tripura
172.83
115.94
Odisha
169.69
163.13
138.76
120.01
Puducherry
177.19
Punjab
179.70
141.25
Rajasthan
176.25
161.58
154.38
139.08
Tamil Nadu
164.38
141.88
129.69
Telangana
168.76
146.89
131.26
NIACL Assistant Prelims Cut Off 2017
NIACL Assistant Previous Year Cutoff 2017 State wise for prelims. The cut-off table for the NIACL Assistant prelims exam is given below, the total prelims cut off marks are out of 100. Candidates can have a look at the category-wise cut off released by the NIACL for the NIACL Assistant post.
NIACL Assistant Category-wise Cut-off: 2017
Category
GEN
OBC
SC
ST
OC
VI
HI
Marks (Out of 100)
65.50
59.75
57.25
51.25
52.25
55.50
26.50
NIACL Assistant Mains Cut Off 2017
NIACL Assistant Previous Year Cutoff 2017 State wise for Mains. NIACL Assistant Previous Year Cutoff 2017 State wise for mains. The cut-off table for the NIACL Assistant mains exam is given below, the total mains cut off marks are out of 250. Candidates can have a look at the state-wise cut off released by the NIACL for the NIACL Assistant post.
State
SC
ST
OBC
GEN
EXS
DXS
PWD
HI
OC
VI
Andhra Pradesh
152.92
–
172.82
175.01
128.13
–
–
–
–
Arunachal Pradesh
–
–
–
157.82
–
–
–
–
–
Assam
149.07
139.39
–
161.27
168.76
–
–
–
–
Bihar
–
–
162.82
172.82
126.57
–
148.45
–
–
Chandigarh (UT)
153.75
–
154.07
180.31
–
–
–
134.71
–
Chhattisgarh
142.19
112.51
–
163.76
–
–
–
–
–
Delhi
151.89
126.57
154.38
175.94
126.57
–
–
137.81
167.19
Goa
–
–
–
141.57
–
–
–
–
–
Gujarat
149.06
112.51
139.7
151.88
127.51
–
–
113.44
144.9
Haryana
134.08
–
148.76
170.32
125.01
–
–
128.76
–
Himachal Pradesh
134.68
–
136.88
166.88
–
–
–
–
–
Jammu & Kashmir
–
117.19
123.76
163.13
–
–
–
–
–
Jharkhand
149.38
–
156.57
167.19
–
–
–
–
–
Karnataka
123.75
120.95
137.50
146.57
129.39
–
–
–
–
Kerala
135.00
–
163.13
177.20
130.63
–
–
171.57
168.76
Madhya Pradesh
134.37
112.82
154.70
167.19
128.45
–
–
140.00
144.69
Maharashtra
145.01
112.93
146.57
153.44
125.01
–
–
130.94
152.62
Meghalaya
–
–
–
172.50
–
–
–
–
–
Mizoram
–
–
–
–
–
–
–
–
–
Nagaland
–
–
–
139.07
–
–
–
–
–
Odisha
131.89
–
162.51
173.76
125.33
–
–
176.26
–
Punjab
144.08
–
148.45
175.01
127.20
–
–
114.38
–
Puducherry
127.20
–
–
149.69
–
–
–
–
–
Andaman Nicobar (Port Blair)
–
–
–
138.76
–
–
–
–
–
Rajasthan
144.38
133.44
164.07
168.75
126.87
–
–
149.69
136.35
Tamil Nadu
141.57
–
160.32
155.95
–
–
–
134.08
145.12
Telangana
148.13
137.93
163.13
168.44
127.21
–
–
162.50
163.65
Tripura
–
–
–
159.06
–
–
–
–
–
Uttar Pradesh
138.45
115.94
153.45
164.07
129.06
128.14
–
157.19
160.84
Uttarakhand
127.50
135.32
153.75
175.63
127.20
–
–
145.32
–
West Bengal
147.82
151.25
150.33
176.88
140.01
–
–
–
125.10
Deciding Factor NIACL Assistant Cut Off
The NIACL Assistant Cut Off differs every year. There are numerous factors which contribute to it. Some factors that may affect the NIACL Assistant Cut Off have been discussed below.
International Financial Services Centres Authority has released the IFSCA Grade A Recruitment 2024 on its official website, www.ifsca.gov.in. The vacancies have been announced for the 10 positions of Grade A(Assistant Manager) out of which 2 are marked for the Legal Stream. The registration process has commenced on the organization’s portal and the application link will be active till 21 April 2024. Aspirants can scroll down the given article for the required details related to IFSCA Recruitment 2024.
IFSCA Grade A Notification PDF 2024
IFSCA, a statutory regulatory body established by an Act of Parliament, to develop and regulate the financial services market. Its mandate to develop and regulate the financial services market in the International Financial Services Centres in India. International Financial Services Centres Authority has announced IFSCA Grade A Notification 2024 for the recruitment of Assistant Manager. Aspirants can download the IFSCA Grade A Recruitment 2024 Notification PDF from the below-provided link.
In the given table, aspirants will get an overview of IFSCA Grade A Notification 2024 containing all the important points from the examination point of view.
IFSCA Grade A Notification 2024
Organization
International Financial Services Centres Authority
IFSCA Grade A Recruitment notification 2024 has not specified the exam date as of now. But you can check out the important dates related to the application process and the expected months for the examination. In the given table, we have listed down the important dates for IFSCA Assistant Manager Recruitment 2024.
IFSCA Grade A Recruitment 2024: Important Dates
Events
Important Dates
IFSCA Grade A Recruitment 2024 Notification PDF
27 March 2024
IFSCA Grade A Recruitment 2024 Apply Online Start Date
28 March 2024
Last Day to Apply Online for IFSCA Grade A
21 April 2024
IFSCA Admit Card 2024
Will be sent through email/SMS one week before the exam
IFSCA Phase I Exam
May/June 2024
IFSCA Phase II Exam
June/July 2024
IFSCA Grade A Recruitment 2024 Apply Online
IFSCA invites applications from eligible candidates for the post of Officer Grade A (Assistant Manager). The registration process has started and will continue till 21 April 2024. The final submission of the application form will be only after paying the application fees and no other modes of application will be accepted. Candidates must not wait until the last moment and complete all the procedures well in advance. Here we have provided the direct link for IFSCA Grade A Recruitment 2024.
Steps To Apply Online For IFSCA Grade A Notification 2024
Here we have listed down the details steps to apply online for IFSCA Grade A Notification 2024. You should fill in the application well before the last date i.e. 21 April 2024.
Visit the official website of IFSCA or click on the above link
Enter the details asked for such as your name, email ID, and mobile number
A provisional registration number and password will be sent to the registered Email ID and Mobile number
On receiving the registration no. and password, log in to complete the application procedure
Fill up the personal, academic details, and communication details carefully
Upload the photograph, signature, Left Hand Thumb Impression, and other required details
Verify the details entered in the form before paying the application fee
After verification, pay the required application fee for the IFSCA Recruitment 2024
Your application form for IFSCA Grade A Recruitment 2024 will be accepted provisionally after you have paid the application fee.
IFSCA Grade A Vacancy 2024
IFSCA has announced the category-wise vacancies for Grade A(Assistant Manager). Out of 10 vacancies, 3 are for the General Category, 2 for EWS, 3 for OBC, and 1 each for SC & ST.
IFSCA Grade A Vacancy 2024
Category
Vacancy
UR
3
EWS
2
OBC
3
SC
1
ST
1
Total
10
IFSCA Grade A Eligibility Criteria
International Financial Services Centres Authority has rolled out the eligibility criteria along with the official notification. Before registering for the notification, aspirants should ensure that they fulfil the IFSCA Grade A Recruitment 2024 Eligibility Criteria.
IFSCA Grade A Educational Qualification
Along with the IFSCA Grade A notification, IFSCA has clarified the educational qualification. A Candidate with the following qualifications is eligible to apply for IFSCA Grade A Recruitment 2024.
IFSCA Grade A Educational Qualification
Stream
Educational Qualification
General Stream
Master’s Degree with specialization in Statistics/Economics/ Commerce/Business Administration(Finance) / Econometrics.
OR
Bachelor’s degree in Information Technology/Computer Science/
Master’s in Computer Application/ Information Technology.
OR
Bachelor’s degree in commerce with appearing in “CA, CFA, CS and ICWA.
OR
Bachelor’s degree in Law or in any other discipline from a recognized University.
Legal Stream
Bachelor’s Degree in Law from a recognized University/Institute
IFSCA Grade A Age Limit
Here, aspirants can check the maximum age limit for IFSCA Recruitment 2024. The IFSCA Grade A Age Limit will be considered as on 01 February 2024(01.02.2024).
IFSCA Grade A 2024 Age Limit (As on 01.02.2024)
Post
Maximum Age Limit
Assistant Manager
30 Years
IFSCA Grade A Recruitment 2024: Application Fees
Aspirants can check the category-wise application fees for IFSCA Grade A Recruitment 2024. The final submission of the application form will be only after paying the application fees. Aspirants belonging to Unreserved/OBC/EWS category have to pay an amount of Rs.1000 and that SC/ST candidates are charged Rs.100 only.
IFSCA Grade A Notification 2024 Application Fees
Category
Application Fees
UR/OBC/EWS
Rs. 1000
SC/ST
Rs. 100
IFSCA Grade A Notification 2024 Selection Process
IFSCA Grade A Recruitment 2024 Selection Process comprises the following three stages.
Phase I (online screening examination consisting of two papers of 100 marks each)
Phase II (online examination consisting of two papers of 100 marks each)
Phase III (Interview)
IFSCA Grade A Recruitment 2024 Exam Pattern
The Phase 1 Exam for IFSCA Recruitment 2024 will comprise 2 Papers. The aggregate cut-off required to qualify for the 1st phase of the online exam is 40%. Candidates can check the IFSCA Grade A Syllabus 2024 and exam pattern very carefully. All interested candidates can check the IFSCA Grade A (Assistant Manager) Exam pattern for the phase I online examination for both papers in the table given below.
IFSCA Recruitment 2024: Paper I Exam Pattern (Common For Both Streams)
IFSCA Grade A Exam Pattern 2024: Paper 1
Subjects
No. Of Qs.
Max Marks
Cut off
Duration
General Awareness (Financial Sector)
25
25
30%
60 Minutes
English Language
25
25
Quantitative Aptitude
25
25
Reasoning
25
25
Total
100
100
IFSCA Recruitment 2024: Paper II Exam Pattern
For General Stream, Paper II will comprise Multiple choice questions on General knowledge, Current events of national and international importance, Economic and social development (sustainable development, poverty, inclusion, and demographics), Commerce, Accountancy, Management, Finance and costing, Indian Economy, Global Economy, Five-year plans, Central Government’s initiatives/ Schemes in the financial sector.
For Legal Stream, Paper II will include multiple choice questions on specialized subjects related to the stream.
IFSCA Grade A Exam Pattern 2024: Paper 2
Paper
No. Of Questions
Max. Marks
Cut Off
Time Duration
Paper II
50
100
40%
60 Minutes
IFSCA Grade A Salary 2024
All selected candidates for the post of Grade A Officer in the International Financial Services Centres Authority will have to work on a probation period of two years. The candidates shall be confirmed in the services of IFSCA subject to their satisfactory performance during the probation period. The pay scale of officers in Grade A is Rs. 44500- 2500(4)- 54500- 2850(7)- 74450- EB- 2850(4)- 85850- 3300(1)- 89150 (17 years). Check IFSCA Grade A Salary 2024here.
CAIIB Syllabus for the Certified Associate of Indian Institute of Bankers is now accessible on the official website of IIBF, www.iibf.org.in. Individuals in the banking and financial sector aiming for CAIIB certification should familiarize themselves with the CAIIB Syllabus 2024. The syllabus for both the Compulsory and Elective Papers of CAIIB has been outlined to enrich the course’s relevance and give greater emphasis to conceptual understanding. Since the syllabus serves as a crucial tool for effective exam preparation, we have provided a detailed module-wise CAIIB Syllabus 2024.
CAIIB Exam Pattern 2024
CAIIB Exam 2024 will be conducted of four compulsory papers and one elective paper. The 4 compulsory papers are Advanced Bank Management(ABM), Bank Financial Management(BFM), Advanced Business and Financial Management (ABFM), and Banking Regulations and Business Laws (BRBL). In the elective paper aspirants have to choose among the options provided and specialize themselves in the subject chosen. CAIIB Elective Subjects include: Rural Banking, Human Resources Management, Risk Management, Central Banking, and Information Technology and Digital Banking Each Paper of CAIIB is further divided into different modules and candidates have to cover each module to qualify for the CAIIB Exam 2024. At the time of registration of application candidates have to choose their medium in which they will attempt the paper that can be either in Hindi or English. CAIIB Exam 2024 will be in online medium and each of the papers will consist of 100 questions of 100 marks. To complete each paper of CAIIB Exam 2024 the time allotted will be 2 Hours.
CAIIB Exam Pattern 2024
Papers
No. of Questions
Total Marks
Duration
Advanced Bank Management
100
100
2 Hours
Bank Financial Management
100
100
2 Hours
Advanced Business and Financial Management
100
100
2 Hours
Banking Regulations and Business Laws
100
100
2 Hours
Elective Paper
100
100
2 Hours
IIBF CAIIB Syllabus 2024
In the CAIIB Syllabus 2024, there are four mandatory subjects and five Elective Papers. Among the five Elective Papers, candidates are required to select one according to their preference. Below, we have provided a list of both the Compulsory and Elective Subjects for CAIIB.
CAIIB Syllabus: CAIIB Compulsory Subjects:
Paper 1: Advanced Bank Management(ABM)
Paper 2: Bank Financial Management(BFM)
Paper 3: Advanced Business and Financial Management (ABFM)
Paper 4: Banking Regulations and Business Laws (BRBL)
CAIIB Syllabus: CAIIB Elective Subjects:
Rural Banking
Human Resources Management
Risk Management
Central Banking
Information Technology and Digital Banking
CAIIB Syllabus 2024: Compulsory Papers
The CAIIB Syllabus 2024 comprises four mandatory papers: Advanced Bank Management (ABM), Bank Financial Management (BFM), Advanced Business and Financial Management (ABFM), and Banking Regulations and Business Laws (BRBL). Each of these papers is subdivided into multiple modules, comprising various topics and their corresponding sub-topics.
CAIIB Syllabus Paper 1: Advanced Bank Management (ABM)
CAIIB Syllabus Paper 1 Advance Bank Management (ABM) includes 4 modules. Statistics, Human Resource Management, Credit Management & Compliance in Banks & Corporate Governance. The detailed syllabus is mentioned below
Module A: Statistics
Paper 1- Module A: Statistics
Topic
Subtopics
Definition of Statistics, Importance & Limitations, Data Collection, Classification & Tabulation
Importance of Statistics – Functions of Statistics – Limitations or Demerits of Statistics – Definitions – Collection of Data – Classification & Tabulation – Frequency Distribution
Sampling Techniques
Random Sampling – Sampling Distributions – Sampling from Normal Populations – Sampling from Non-Normal Populations – Central Limit Theorem – Finite Population Multiplier
Measures of Central Tendency & Dispersion, Skewness and Kurtosis
Arithmetic Mean – Combined Arithmetic Mean – Geometric Mean – Harmonic Mean – Median and Quartiles – Mode – Introduction to Measures of Dispersion – Range and Coefficient of Range – Quartile Deviation and Coefficient of Quartile Deviation – Standard Deviation and Coefficient of Variation – Skewness and Kurtosis
Correlation and Regression
Scatter Diagrams – Correlation – Regression – Standard Error of Estimate
Time Series
Variations in Time Series – Trend Analysis – Cyclical Variation – Seasonal Variation – Irregular Variation – Forecasting Techniques
Theory of Probability
Mathematical Definition of Probability – Conditional Probability – Random Variable – Probability Distribution of Random Variable – Expectation and Standard Deviation – Binomial Distribution – Poisson Distribution – Normal Distribution – Credit Risk – Value at Risk – Option Valuation
Estimation
Estimates – Estimator and Estimates – Point Estimates – Interval Estimates – Interval Estimates and Confidence Intervals – Interval Estimates of the Mean from Large Samples – Interval Estimates of the Proportion from Large Samples
Linear Programming
Graphic Approach – Simplex Method
Simulation
Simulation Exercise – Simulation Methodology
Module B: Human Resource Management
Paper 1- Module B: Human Resource Management
Topic
Subtopics
Fundamentals of Human Resource Management
The Perspective – Relationship between HRM & HRD and their Structure and Functions – Role of HR Professionals – Strategic HRM – Development of HR Functions in India
Development of Human Resources
HRD and its Subsystems – Learning and Development – Role and Impact of Learning – Attitude Development – Career Path Planning – Self-Development – Talent Management – Succession Planning
Human Implications of Organisations
Human Behaviour and Individual Differences – Employees Behaviour at Work – Diversity at Workplace and Gender Issues – Theories of Motivation and their Practical Implications – ‘Role’: Its Concept & Analysis
Employees’ Feedback and Reward System
Employees’ Feedback – Reward and Compensation System
Performance Management
Appraisal Systems – Performance Review and Feedback – Counselling – Competency Mapping and Assessment of Competencies – Assessment Centres – Behavioural Event Interview (BEI)
Conflict Management and Negotiation
Conflict: Concept & Definition – Characteristics of Conflict – Types of Conflicts – Reasons for Conflict – Different Phases of Conflict – Conflict Resolution – Conflict Management – Negotiation Skills for Resolution of Conflicts
HRM and Information Technology
Role of Information Technology in HRM – HR Information and Database Management – Human Resource Information System (HRIS) – Human Resource Management System (HRMS) – e–HRM – HR Research – Knowledge Management – Technology in Training – HR Analytics
Module C: Credit Management
Paper 1- Module C: Credit Management
Topic
Subtopics
Overview of Credit Management
Importance of Credit – Historical Background of Credit in India – Principles of Credit – Types of Borrowers – Types of Credit – Components of Credit Management – Role of RBI Guidelines in Bank’s Credit Management
Analysis of Financial Statements
Which are the Financial Statements – Users of Financial Statements – Basic Concepts Used in Preparation of Financial Statements – Accounting Standards (AS) – Legal Position Regarding Financial Statements – Balance Sheet – Profit and Loss Account – Cash Flow Statement – Funds Flow Statement – Projected Financial Statements – Purpose of Analysis of Financial Statements by Bankers – Rearranging the Financial Statements for Analysis – Techniques used in Analysis of Financial Statements – Creative Accounting – Related Party Transactions
Working Capital Finance
Concept of Working Capital – Working Capital Cycle – Importance of Liquidity Ratios – Methods of Assessment of Bank Finance – Working Capital Finance to Information Technology and Software Industry – Bills/Receivables Finance by the Banks – Guidelines of RBI for Discounting/Rediscounting of Bills by Banks – Trade Receivables Discounting System (TReDS) – Non-Fund Based Working Capital Limits – Other Issues Related to Working Capital Finance
Term Loans
Important Points about Term Loans – Deferred Payment Guarantees (DPGs) – Difference between Term Loan Appraisal and Project Appraisal – Project Appraisal – Appraisal and Financing of Infrastructure Projects
Credit Delivery and Straight Through Processing
Documentation – Third-Party Guarantees – Charge over Securities – Possession of Security – Disbursal of Loans – Lending under Consortium/Multiple Banking Arrangements – Syndication of Loans – Straight-Through Loan Processing or Credit Underwriting Engines
Credit Control and Monitoring
Importance and Purpose – Available Tools for Credit Monitoring/Loan Review Mechanism (LRM)
Risk Management and Credit Rating
– Meaning of Credit Risk – Factors Affecting Credit Risk – Steps Taken to Mitigate Credit Risks – Credit Ratings – Internal and External Ratings – Methodology of Credit Rating – Use of Credit Derivatives for Risk Management – RBI guidelines on Credit Risk Management – Credit Information System
Restructuring/Rehabilitation and Recovery
Credit Default/Stressed Assets/NPAs – Wilful Defaulters – Non-cooperative borrowers – Options Available to Banks for Stressed Assets – RBI Guidelines on Restructuring of Advances by Banks – Available Frameworks for Restructuring of Assets – Sale of Financial Assets
Resolution of Stressed Assets under Insolvency and Bankruptcy Code 2016
Definition of Insolvency and Bankruptcy – To Whom the Code is Applicable – Legal Elements of the Code – Paradigm Shift – Corporate Insolvency Resolution Process – Liquidation process – Pre-packed Insolvency Resolution Process for stressed MSMEs
Module D: Compliance in Banks & Corporate Governance
Paper 1- Module D: Compliance in Banks & Corporate Governance
Topic
Subtopics
Compliance Function in Banks
Compliance Policy – Compliance Principles, Process and Procedures – Compliance Programme – Scope of Compliance Function – Role & Responsibilities of Chief Compliance Officer (CCO)
Compliance Audit
Role of Risk Based Internal Audit and Inspection – Reporting Framework and Monitoring Compliance – Disclosure Requirements – Accounting Standards – Disclosures under Listing Regulations of SEBI
Compliance Governance Structure
Organisational Structure – Responsibility of the Board and Senior Management – Compliance Structure at the Corporate Office – Functional Departments – Compliance Structure at Field Levels – Internal Controls and its Importance
Framework for Identification of Compliance Issues and Compliance Risks
Compliance Issues – Compliance Risk – Inherent Risk and Control Risk – Independent Testing and Effective Audit Programme – Reporting Framework and Monitoring Compliance – Role of Inspection and Audit – Loan Review Mechanism/Credit Audit – What is Good Compliance
Compliance Culture and GRC Framework
How to Create Compliance Culture Across the Organisation – Governance, Risk and Compliance – GRC Framework – Benefits of an Integrated GRC Approach – Whistle-blower Policy – The Components of a Whistle-blower Policy – Reasons for Compliance Failures
Compliance Function and Role of Chief Compliance Officer in NBFCs
Framework for Scale-Based Regulation for Non-Banking Financial Companies – Transition Path – Framework for Compliance Function and Role of Chief Compliance Officer in Non-Banking Financial Companies in Upper Layer and Middle Layer (NBFC-UL & NBFC-ML)
Fraud and Vigilance in Banks
Definition of Fraud – Definition of Forgery – Areas in which Frauds are committed in Banks – Banking and Cyber Frauds – Fraud Reporting and Monitoring System – Vigilance Function in Banks – RBI Guidelines for Private Sector and Foreign Banks
Liberalised Remittance Scheme (LRS) and other Remittance Facilities for Residents
Capital Account Transactions and Current Account Transactions – Key Sections under FEMA vis-à-vis Liberalized Remittance Scheme – Permissible/Non-permissible Remittances under LRS – Operational Guidelines – Remittances under LRS for Current Account Transactions – Tax Collected at Source (TCS) – LRS vis-à-vis Capital Account Transactions – Reporting Requirements under LRS
Correspondent Banking and NRI Accounts
Correspondent Banking – Accounts and other Services – Nostro, Vostro and Loro Accounts – Electronic Modes of Transmission/Payment Gateways – SWIFT, CHIPS, CHAPS, RTGS, etc. – NRI Banking – NRI accounts – Rupee and Foreign Currency Accounts – Facilities to NRIs – Advances to Non-Residents against Non-Resident Deposits – Housing Loans to Non-Resident Indians
Documentary Letters of Credit
Definition of Letter of Credit – Types of Letters of Credit – Operations of Letter of Credit – UCP 600 and Important Articles – Liabilities, Responsibilities and Rights of the Parties – Documents under LC – Scrutiny, Crystallization, Follow-up for Bills under LC and Safeguards for Banks – Risks Relating to LC Transactions – Standby Letter of Credit (Similar to Guarantees) – Uniform Rules for Bank-to-Bank Reimbursements (URR–725) – International Standard Banking Practice – 745 (ISBP 745) – Incoterms – Case Studies
Facilities for Exporters and Importers
Exchange and Trade Control Guidelines for Exporters – Facilities for Exporters – Export Finance – Gold Card Scheme for Exporters – Export Data Processing and Monitoring System (EDPMS) – Factoring and Forfaiting – Exchange and Trade Control Guidelines for Importers – Import Finance – Import Data Processing and Monitoring System (IDPMS) – Trade Credit – Supplier’s Credit and Buyer’s Credit – Case Study on Export Finance
External Commercial Borrowings and Foreign Investments in India
External Commercial Borrowings – Concepts – ECBs – Other Operational Concepts – Reporting Requirements – Conversion of ECB into Equity – Foreign Investments – Key Concepts – Eligible Foreign Investors – Eligible Investee Entities – Eligible Investment Instruments – Prohibited Sectors – Rules Governing Pledge of Shares – Operational Guidelines – Snap Shot of Non-Debt Instruments (NDI) Rules – List of Documents for Obtention of Foreign Investments – List of Documents for Refund of Foreign Investments
Risks in Foreign Trade – Role of ECGC
Definition of Risk and Risks in International Trade – Country Risk – Export Credit Insurance in International Trade – ECGC Role and Products – ECGC Policies – ECGC’s Products for Banks – Other Aspects Relating to ECGC Policies and Guarantees – Some of the Common “To Do Points” under ECGC Policies – Claims
Role of EXIM Bank, Reserve Bank of India, Exchange Control in India – FEMA, FEDAI and Others
EXIM Bank – Role, Functions and Facilities – Reserve Bank of India – Role and Exchange Control Regulations in India – Foreign Exchange Management Act (FEMA) 1999 – Role of FEDAI and FEDAI Rules – Short Notes on Other Topics: ECB and ADR/GDRs and FCCB;
International Financial Service Centres (IFSC), GIFTCity
Scope of IFSC in India – Opportunities at Gift City – Guidelines relating to setting up of IFSC Banking Units (IBUs) – Role of IFSCA – Regulatory Framework – Permissible Activities at IBUs – Relaxations for the FPI (Foreign Portfolio Investors) Entities at GIFT City
Technology in International Banking
Introduction to Digitization in International Banking – An Overview – Evolution of Technology in International Banking – Benefits and Limitations of Technology in International Banking – Digital Platforms in International Banking – FINTECH and Evolution of FINTECH in International Banking – Delivery channels under FINTECH in International Banking – Sample process of International Trade Using Blockchain Technology – Challenges in FINTECH
Module B: Risk Management
Paper 2- Module B: Risk Management
Topic
Subtopics
Risk and Basic Risk Management Framework
What is Risk? – Linkages among Risk, Capital and Return – Why Risk Management? – Basic Risk Management Framework
Risks in Banking Business
Risk Identification in Banking Business – The Banking Book – The Trading Book – Off-Balance Sheet Exposures – Banking Risks – Definitions
Risk Regulations in the Banking Industry
Regulation of Banking Industries – Necessities and Goals – The Need for Risk-based Regulation in a Changed World Environment – Basel I: The Basel Capital Accord – 1996 Amendment to Include Market Risk – Basel II Accord – Need and Goals – Basel II Accord – Towards Basel III – Capital Charge for Credit Risk – Credit Risk Mitigation – Capital Charge for Market Risk – Capital Charge for Operational Risk – Pillar 2 – Supervisory Review Process – Pillar 3 – Market Discipline – Capital Conservation Buffer – Leverage Ratio – Countercyclical Capital Buffer – Systemically Important Financial Institutions (SIFIs) – Risk Based Supervision (RBS)
General – Credit Risk Management Framework – Organisation Structure – Risk Identification – Risk Measurement – Credit Risk Control and Monitoring – Credit Risk Policies and Guidelines at Transaction Level – Credit Control and Monitoring at Portfolio Level – Active Credit Portfolio Management – Controlling Credit Risk through Loan Review Mechanism (LRM) – Credit Risk Mitigation – Securitisation – Credit Derivatives (CDs)
Operational Risk and Integrated Risk Management
Operational Risk – General – Operational Risk – Classification – Operational Risk Classification by Event Type – Definitions – Operational Risk Management Practices – Management Overview and Organisational Structure – Processes and Framework – Risk Monitoring and Control Practices – Operational Risk Qualification – Operational Risk Mitigation – Scenario Analysis – Integrated Risk Management – The Necessity of Integrated Risk Management – Integrated Risk Management – Challenges – Integrated Risk Management – Approach
Liquidity Risk Management
Liquidity Risk Management – Need & Importance – Potential Liquidity Risk Drivers – Types of Liquidity Risk – Principles for Sound Liquidity Risk Management – Governance of Liquidity Risk Management – Liquidity Risk Management Policy, Strategies and Practices – Management of Liquidity Risk – Ratios in respect of Liquidity Risk Management – Stress Testing – Contingency Funding Plan – Overseas Operations of the Indian Banks’ Branches and Subsidiaries and Branches of Foreign Banks in India – Broad Norms in Respect Of Liquidity Management – Liquidity Across Currencies – Management Information System – Reporting to the Reserve Bank of India – Internal Controls
Basel III Framework on Liquidity Standards
Liquidity Coverage Ratio – Liquidity Risk Monitoring Tools – Net Stable Funding Ratio
Module C: Treasury Management
Paper 2- Module C: Treasury Management
Topic
Subtopics
Introduction to Treasury Management
The Concept – Functions of Integrated Treasury – The Process of Globalisation – Evolving Role of Treasury as Profit Centre – Organisation of Treasury
Treasury Products
Products of Foreign Exchange Markets – Money Market Products – Securities Market Products – Domestic and Global Markets
Reserve Assets: CRR and SLR – The Liquidity Adjustment Facility (LAF) – Payment and Settlement Systems
Treasury Risk Management
Supervision and Control of Treasury – Market Risk and Credit Risk – Risk Measures: VaR and Duration – Use of Derivatives in Risk Management
Derivative Products
Derivatives and the Treasury – OTC and Exchange Traded Products – Forwards, Options, Futures and Swaps – Interest Rate and Currency Swaps
Treasury and Asset-Liability Management
Meaning of Asset-Liability Management (ALM), Liquidity Risk and Interest Rate Risk, Role of treasury in ALM, Use of derivatives in ALM, Credit risks and Credit Derivatives, Transfer pricing, Policy Environment
Module D: Balance Sheet Management
Paper 2- Module D: Balance Sheet Management
Topic
Subtopics
Components of Assets and Liabilities
Components of a Bank’s Balance Sheet – What is Asset Liability Management? – Significance of Asset Liability Management – Purpose and Objectives of Asset Liability Management – ALM as Co-ordinated Balance Sheet Management
Capital Adequacy – Basel Norms
Scope of Application – Pillar-1 – Minimum Capital Requirements – Pillar 2- Supervisory Review Process – Pillar 3 – Market Discipline
Asset Classification and Provisioning Norms
Asset Classification – Provisioning Norms
Liquidity Management
Definition – Dimensions and Role of Liquidity Risk Management – Measuring and Managing Liquidity Risk
Interest Rate Risk Management
Essentials of Interest Rate Risk – Sources of Interest Rate Risk – Effects of Interest Rate Risk – Measurement of Interest Rate Risk – Interest Rate Risk Measurement Techniques – Strategies for Controlling Interest Rate Risk – Controls and Supervision of Interest Rate Risk Management – Sound Interest Rate Risk Management Practices – RBI’s Draft Guidelines on Interest Rate Risk in Banking Book
RAROC and Profit Planning
Profit Planning – Risk Aggregation and Capital Allocation – Economic Capital and RAROC
CAIIB Syllabus Paper 3: Advanced Business and Financial Management (ABFM)
CAIIB Paper 3 Advanced Business and Financial Management also contains four vast modules, the topics and sub-topics of which has been discussed below.
Module A: The Management Process
Paper 3- Module A: The Management Process
Topic
Subtopics
Basics of Management
Definition of Management – The Management Process – Functions of Management – Importance of Management – Management Thoughts & Approaches – Management Challenges & Opportunities – Introduction to Strategic Management – Business Environment Analysis
Planning
Fundamentals of Planning – Steps in Planning – Importance of Planning – Advantages and disadvantages of planning – Management by Objectives – Plan Components – Contingency planning – Forecasting & Decision Making
Organizing
Introduction and Fundamentals of Organizing – Importance of Organisation – Stages in Organising Process – The Organising Process – Principles of organizing – Types of Organisations – Organisation structure – Organisation charts and manuals – The Organisation culture – Authority & Responsibility – Key Issues in Organisation Structure – Organisational Change – Conflict Dynamics
Staffing
Functions of Staffing – Objectives of staffing – Nature of staffing – Facets of staffing – Significance of staffing – System approach to staffing – Recruitment – Selection – Training – Retention and development – Knowledge and learning management – Performance Appraisal – Human Resource Development
Directing
Characteristics of directing – Importance of directing – Elements of directing – Leadership – Motivation – Communication – Supervision
Controlling
Basics of Controlling – Characteristics of controlling – Advantages of controlling – Limitations of controlling – Types of control management – Control process – Relation between planning and control – Control Techniques – Control technique and Information Technology
Module B: Advanced Concepts of Financial Management
Paper 3- Module B: Advanced Concepts Of Financial Management
Topic
Subtopics
Sources of Finance and Financial Strategies
Equity Capital – Internal Accruals – Preference Capital – Term Loans – Debentures – Alternative Financing Strategies in the Context of Regulatory Requirements
Financial and Operating Leverages
Financial Leverage – Degree of Financial Leverage and its Behaviour – Operating Leverage – Degree of Operating Leverage and its Behaviour – Combined or Total Leverage
Capital Investment Decisions
Objective of capital investment decisions – Estimation of project cash flows – Forecasting and its relation to regulation of capital for short, medium and long-term periods – Relationship between sales, production and other functional budgets – Cash Forecasts – Cost analysis for projects – Methods of Investment appraisal – Social Cost Benefit Analysis
Capital Budgeting for International Project Investment Decisions
Foreign Investment Analysis – Special Considerations-Foreign & Home Currency Cash Flows – Foreign Currency Discount Rates Computation – International Portfolio Investment – Institutional Constraints – Direct and Indirect Channels for International Portfolio Investment – Exchange and Country Risk – Return and Risk of Foreign Investment – Capital Asset Pricing model – Arbitrage pricing theory – International Capital Budgeting Issues involved in overseas projects – Approaches for evaluation of overseas projects – Evaluation methods – Impact of transfer pricing
Adjustment of Risk and Uncertainty in Capital Budgeting Decision
– Sources & Perspectives on Risk – Sensitivity Analysis – Scenario Analysis – Hillier Model – Simulation Analysis – Decision Tree Analysis – Corporate Risk Analysis – Managing Risk – Project Selection Under Risk – Risk Analysis in Practice
Decision Making
Decision Making using Cost-Volume-Profit (CVP) Analysis – Decision Making using Relevant Cost Concepts – Decision Making using Activity Based Costing – Ethical and Non-Financial Considerations Relevant to Decision Making
Module C: Valuation, Mergers & Acquisitions
Paper 3- Module C: Valuation, Mergers & Acquisitions
Topic
Subtopics
Corporate Valuations
Approaches to Corporate Valuation – Adjusted Book Value Approach – Stock and Debt Approach – Direct Comparison Approach – Discounted Cash Flow Approach – Steps involved in valuation using DCF Approach
Discounted Cash Flow Valuation
Estimating Inputs – Approaches to Discounted Cash Flow Models – Various Discounted Cash Flow Models – Dividend Discount Model – Applicability of the Dividend Discount Model
Other Non-DCF valuation models
Relative valuation model – Equity Valuation Multiples Model – Enterprise value multiples Model – Choosing the right multiples – Book value approach Model – Stock and debt approach
Special cases of valuation
Intangibles –Brand, Human valuation etc. – Real estate Firms – Start-up firms – Firms with negative or low earnings – Financial Service companies – Distressed firms – Valuation of cash and cross holdings – Warrants and convertibles – Cyclical & non-cyclical companies – Holding companies – E-commerce firms
Mergers, Acquisitions and Restructuring
Types of Transactions – Reasons for Merger – Mechanics of a Merger – Costs and Benefits of a Merger – Exchange Ratio in a Merger – Purchase of a Division / Plant – Takeovers – Leveraged Buyouts – Acquisition Financing – Business Alliances – Managing Acquisitions – Divestitures – Holding Company – Demergers
Deal structuring and financial strategies
– Negotiations – Payment and legal considerations – Tax and accounting considerations – Tax reliefs and benefits in case of Amalgamation in India – Financial reporting of business combinations – Deal Financing – Financing of cross-border acquisitions in India
Module D: Emerging Business Solutions
Paper 3- Module D: Emerging Business Solutions
Topic
Subtopics
Hybrid Finance
Advantages and disadvantages of Hybrid securities – Types of hybrid securities – Preference Share Capital – Features of Warrants – Features of Convertible Debentures – Differences between Warrants and Convertible debentures – Valuation of Warrants – Valuation of Compulsorily Convertible (Partly or fully) Debentures – Objective of issuing Warrants and Convertible debentures – Features of Foreign Currency Convertible Bond (FCCB) – Mezzanine Financing – Innovative Hybrids
Start-up Finance
– Benefits to startup under the Startup Plan – Startup definition in India – Challenges faced by Startups – State Startup Policy – Pitch Presentation – Programmes and competitions for startups – Tax exemptions – Funding – Investor’s outlook in Startups – Funding schemes and programmes – International challenges and bridges
Private Equity and Venture Capital
– Characteristics of Venture Capital Investments – Characteristics shared by Private Equity and Venture Capital as well as their key distinctions – Financing options available through Venture Capital – Investment in Private Equity – Benefits obtained through private equity – Drawbacks to the practice of private equity – Due diligence – Exit Strategies
Artificial Intelligence
– History of Artificial Intelligence – Applicability of Artificial Intelligence – Artificial Intelligence in Banking and Finance – The future scope of Artificial Intelligence – Neural Networks – Control Theory and Cybernetics – Rational Agents – Motion and Manipulation – Tools and Techniques of Artificial Intelligence – Artificial Intelligence and Morality
Business Analytics as Management Tool
– Essentials of Business Analytics – Types of Analytics – Elements of Business Analytics – Big Data Analytics – Web and Mobile Analytics – Comparing web vs. mobile Analytics – Importance of Business Analytics
Green and Sustainable Financing
– ISO Standards for Green Finance – Building Green Finance – International Best Practices towards Green Finance – Public Policy in India – Progress of Green Finance in India – Challenges and way forward – Growth of Regulatory Framework – National Efforts towards Green and Sustainable Financing – RBI Views on Climate Risk and Sustainable Finance
Special Purpose Acquisition Company
– Advantages of SPAC – Disadvantages of SPAC – SPAC Formation and Timelines – The SPAC Merger – Stakeholders – Characteristics of SPACs – Process – SPAC Capital Structure – Trust Account – Warrants – Forward Purchase – IPO Agreements – De-SPAC Process
CAIIB Syllabus Paper 4: Banking Regulations and Business Laws (BRBL)
CAIIB Syllabus Paper 4 of Banking Regulations & Business Laws (BRBL) has four modules, which has been explained in detail below.
Module A: Regulations & Compliance
Paper 4- Module A: Regulations & Compliance
Topic
Subtopics
Legal Framework of Regulation of Banks
Business of Banking – Constitution of Banks – Reserve Bank of India Act, 1934 – Banking Regulation Act, 1949 – Reserve Bank as a Central Bank and Regulator of Non-Banking Financial Institutions/Banks – Government as a Regulator of Banks – Control over Co-operative Banks – Regulation by Other Authorities
Control over Organisation of Banks
Licensing of Banking Companies including RBI Licensing Policy for Universal Banks and Small Finance Banks/Branch Licensing – Paid-up Capital and Reserves – Shareholding in Banking Companies – Subsidiaries of Banking Companies – Board of Directors – Chairman of Banking Company – Appointment of Additional Directors – Restrictions on Employment – Controls over Management – Corporate Governance – Directors and Corporate Governance
Regulation of Banking Business
Power to Issue Directions – Acceptance of Deposits – Nomination – Loans and Advances – Regulation of Interest Rates – Regulation of Payment Systems – Internet Banking Guidelines – Regulation of Money Market Instruments – Banking Ombudsman – Regulation to Strengthen Financial Stability
Annual Accounts and Balance Sheet – Audit and Auditors – Submission of Returns – Preservation of Records and Return of Paid Instruments – Special Audit – Inspection and Scrutiny – Board for Financial Supervision – Acquisition of Undertakings – Amalgamation of Banks – Winding up of Banks – Penalties for Offences
Non-Banking Financial Companies (NBFCs)
Regulators of NBFCs – Role of NBFC in promoting Inclusive Growth – Registration – Revised Scale Based Regulatory Structure – Nomenclature and Regulatory Norms – Capital Guidelines – Prudential Guidelines – Corporate Governance – Fair Practices Code for applicable NBFC – Bank Finance to NBFCs registered/not requiring registration with RBI – Co-Lending by banks and NBFCs to PSA
Module B: Important Laws/Acts & Legal Aspects of Banking Operations- Part A
Paper 4- Module B: Important Laws/Acts & Legal Aspects of Banking Operations- Part A
Topic
Subtopics
The Prevention of Money Laundering Act, 2002
Offence of Money Laundering – Punishment for Money Laundering – Obligations of Banking Companies, Financial Institutions and Intermediaries – Enhanced Due Diligence – Rules Framed – Records to be Maintained – Information Contained in the Records – Procedure for Maintaining Information – Procedure for Furnishing Information to the Director – Verification of Records of the Identity of Clients – Maintenance of Records of Identity of Clients – Some Cases pertaining to the Act
Negotiable Instruments Act, 1881
Negotiable Instruments, Types and Characteristics – Drawer/Acceptor – Payment of Cheques – Protection to Bankers’ /Customers’ – Material Alteration – Where Alteration is not apparent – Protection to the Collecting Banker
Foreign Exchange Management Act, 1999
Meaning of Certain Important Terms Used in FEMA – Regulation and Management of Foreign Exchange – Powers of RBI with Respect to Authorized Persons – Contravention, Penalties, Adjudication and Appeals – Directorate of Enforcement – Special Provisions relating to Assets held outside India
Payment & Settlement Systems Act, 2007
Definitions – Designated Authority/Authorization – Regulation and Supervision by the RBI – Settlement and Netting – Power of RBI to make regulations
Law Relating to Securities and Modes of Charge – I
Mortgage – Document of Title to Immoveable Property – Meaning – Copy of Document of Title to Immoveable Property Where Acceptable
Law Relating to Securities and Modes of Charge – II
What is a Charge? – Procedure for Registration of Charge – Effect of Registration of Charges – Effect of Non-registration of Charges – Provisions of Companies Act 2013 Relating to Registration of Charges
Module C: Important Laws/Acts & Legal Aspects of Banking Operations- Part B
Paper 4- Module C: Important Laws/Acts & Legal Aspects of Banking Operations- Part B
Topic
Subtopics
Reserve Bank – Integrated Ombudsman Scheme, 2021
Coverage and Definitions – Ombudsman–Appointment/Location of Offices/Establishment of a Centralized Receipt and Processing Centre – Procedure for Redressal of Grievance – Procedure for Filing a Complaint / its Initial Scrutiny and Resolution – Passing of an Award and Right to Prefer to Appeal – Suspension of the Scheme
The Micro, Small and Medium Enterprises Development Act, 2006
Coverage and Definitions – Summary of Regulation – National Board for Micro, Small and Medium Enterprises (NBMSME)/Advisory Committee – Memorandum of Micro, Small and Medium Enterprises – Delayed Payments to Micro and Small Enterprises – Micro and Small Enterprises Facilitation Council and Reference to the Council in case of Disputes – Disclosures and Penalty for Contravention of the Provisions of the Statute
Introduction to Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act, 2002)
Regulation of Securitisation and Reconstruction of Financial Assets of Banks and Financial Institutions
Registration of Asset Reconstruction Company, Cancellation of Certificate of Registration, Acquisition of Rights of Interest in Financial Assets, Notices to Obligor and Discharge of Obligation of Such Obligor, Issue of Security Receipts and Raising of Funds by Securitization or Reconstruction Company, Exemption from Registration of Security Receipt, Measures of Assets Reconstruction, Other Functions of the Securitization Company or Reconstruction Company, Resolution of Dispute, Powers Available with RBI
Enforcement of Security Interest
Enforcement of Security Interest, Chief Metropolitan Magistrate or District Magistrate’s Assistance for Taking Possession of Secured Asset, Manner and Effect of Takeover of Management, No Compensation to Directors for Loss of Office, Application against Measures to Recover Secured Debt, Appeal to Appellate Authority, Right of the Borrower for Compensation and Costs
Central Registry
Central Registry, Central Registrar, Register of Securitization, Reconstruction and Security Interest Transactions, Filing of Transactions of Securitization, Reconstruction and Creation of Security Interest, Modification of Security Interest Registered, Satisfaction of Security Interest, Right to Inspect Particulars of Securitization, Reconstruction of Security Interest Transactions
Offences and Penalties
Penalties, Penalties for Non-compliance of Directions of Reserve Bank of India, Offences, Cognizance of Offences, Power of Adjudicating Authority to Impose Penalty/Appeals against Penalty and Adjudicating Appellate Authority
Miscellaneous Provisions
Non-Applicability of the Provisions of the SARFAESI Act in Certain Cases, Exemption of Certain Classes of Banks /Financial Institutions, Protection of Action Taken in Good Faith, Offences by Companies, Civil Court not to have Jurisdiction, Overriding Effect on Other Laws, Limitation, Power of the Central Government to Make Rules, Amendments to Certain Other Enactments
Registration of Security Interest by Secured Creditors and Other Creditors/ Rectification by Central Government in Some Cases
Registration by Secured Creditors and Other Creditors, Rectification by Central Government in Matters of Registration, Effect of the Registration of Transactions, Right of Enforcement of Securities and Priority Allowed to Secured Creditors
The Recovery of Debts and Bankruptcy Act, 1993
Constitutional Validity of the Act, Extent, Commencement, Application and Definitions – Establishment of Tribunal and Appellate Tribunal – Jurisdiction, Powers & Authority of Tribunals – Procedure of Tribunals – Recovery of Debts Determined by Tribunal and Miscellaneous Provisions
Introduction to the Insolvency and Bankruptcy Code, 2016
Definitions, Coverage, Pillars of IBC, 2016, The Insolvency Resolution Process for Companies and Limited Liability Entities, Corporate Insolvency Resolution Process (CIRP), Initiation of Corporate Insolvency Resolution Process by a Financial Creditor, Suspension of Initiation of CIRP, Persons not Entitled to Make Application, Time – Limit for completion of Insolvency Resolution Process and withdrawal of application admitted under the Code, Declaration of Moratorium and Public Announcement by the Adjudicating Authority, Appointment/Tenure of the Interim Resolution Professional, Committee of Creditors, Appointment of Resolution Professional, Liquidation, Order of Priority of Payment of Debts, Fast Track Insolvency Resolution Process, Voluntary Liquidation of Corporate Person
The Bankers’ Books Evidence Act, 1891
Applicability and Definitions, Conditions in the Printout, Mode of Proof of Certain Entries in Bankers’ Books, Case in which Officer of Bank not Compellable to Produce Books, Inspection of Books by Order of Court or Judge, Costs of Application
The Legal Services Authorities Act, 1987: Lok Adalats
Organization of Lok Adalats, Jurisdiction of Lok Adalats, Cognizance of Cases by Lok Adalats, Disposal of Cases by Lok Adalats, Nature of Award of the Lok Adalats and Powers
The Consumer Protection Act, 2019
Definitions, Unfair Contract and Unfair Trade Practice, Central, State and District Consumer Protection Councils, Central Consumer Protection Authority, District, State and National Consumer Disputes Redressal Commission, Ministry of Consumer Affairs, Food and Public Distribution (Department of Consumer Affairs) Notification dated 30th December, 2021, Finality of Orders and Limitation Period, Consumer Mediation Cell
The Law of Limitation
Definitions, Limitation and Its Computation, Computation of the Period of Limitation, Acts Giving Rise to Fresh Period of Limitation, Certain Important Provisions in Schedule to the Limitation Act
Tax Laws
Income Tax, Commodity Transaction Tax, Goods and Services Tax
Module D: Commercial & Other Laws with Reference to Banking Operations
Paper 4- Module D: Commercial & Other Laws with Reference to Banking Operations
Topic
Subtopics
Meaning and Essentials of a Contract
Meaning of Contract, Key Components to Form a Contract, Essentials of a Valid Contract, Contract Act and Banking
Contracts of Indemnity
Rights of Indemnity Holder, Implied Indemnity, Enforceability of Contract of Indemnity
Contracts of Guarantee
Parties to the Contract, Basic Principles of Contract, Consideration, The Liability of the Surety, Continuing Guarantee, Death of Surety, Variance in Terms, Discharge of Principal Debtor, Forbearance to Sue, Release of Co-surety, Surety’s Dues, Security, Misrepresentation, Implied Promise, Co-sureties, Revocation
Contract of Bailment
Meaning, Essential Features, Bailor’s Disclosure, Bailee’s Care of Goods, Mixing of Goods, Duties of Bailee, Bailee’s Lien
Contract of Pledge
Ingredients, Nature, Pledge by Way of Hypothecation, Pledge by Pledgee
Contract of Agency
Definition, Essential Characteristics, Rules, Types of Agents, Rights and Duties of the Agent and Principal
Meaning & Essentials of a Contract of Sale
Important Terms Defined, Features, Sale vs Agreement to Sell, Distinction
General Duties, Duty to Indemnify, Rights and Duties by Contract, Conduct of Business, Mutual Rights and Liabilities, Property of the Firm, Profits, Rights and Duties
Relations of Partners to Third Parties
Partner as Agent, Implied Authority, Extension and Restriction of Authority, Partner’s Liability, Firm’s Liability, Firm’s Misapplication, Holding Out, Rights of Transferee
Minor Admitted to the Benefit of a Partnership
Legal Position, Retirement, Insolvency
Dissolution of a Firm
Causes, Modes, Liabilities
Effect of Non-Registration
Registration
Definition and Features of a Company
Features, Distinction from Partnership
Types of Companies
Mode of Incorporation, Liability, Public Interest, Holding and Subsidiary
Memorandum of Association and Articles of Association
Definitions, Effect, Distinction
Doctrines of Ultra Vires/Constructive Notice/Indoor Management
Definitions, Incorporation, Partners and Relations, Conversion
Transfer of Property Act, 1882
Sale of Immovable Property, Mortgage, Leases, Actionable Claims
The Right to Information Act, 2005
Applicability, Definitions
Right to Information & Obligations of Public Authorities
Obligations of Public Authorities, Procedure, Disposal of Request, Appeal, Penalties
Information Technology Act, 2000
Definitions, Electronic Governance, Certifying Authorities, Digital Signature, Certificates, Penalties, Appeal, Investigation, Critical Information Infrastructure –Protected System, Application to Electronic Cheque and Truncated Cheque
Prevention of Corruption Act, 1988
Definitions, Special Judges, Offences, Penalties, Fixing of Fines, Persons authorized to investigate,
Powers to inspect ‘Bankers Books’, Appeal and Revision Investigation, Powers, Appeal
Every year, the Reserve Bank of India conducts the RBI Grade B Exam to recruit candidates for the positions of General(DR), DEPR, and DSIM Posts. As RBI Grade B 2024 Notification can be expected in the upcoming months, aspiring candidates need to be acquainted with the RBI Grade B Syllabus 2024 and Exam Pattern. Starting the preparation earlier after being familiar with the syllabus and exam pattern will help aspirants to perform better in the examination. Candidates can refer the given post for the detailed RBI Grade B Syllabus and Exam Pattern.
RBI Grade B Exam Pattern 2024
The RBI Grade B Exam Pattern 2024 will be following the same structure like the other significant banking exams. Aspirants have to go through some major subjects such as Quantitative Aptitude, Reasoning Ability, English Language and General Awareness. Moreover, the RBI Grade B Exam Pattern 2024 vary for posts like General (DR), DSIM and DEPR. Check out the complete RBI Grade B Syllabus 2024 and Exam Pattern for: General (DR), DEPR, and DSIM in the given article.
The RBI Grade B Exam Pattern is generally given in the detailed RBI Grade B Notification. Here the candidates can check the detailed RBI Grade B Exam Pattern for all the stages of the examination. As mentioned above the RBI Grade B Exam has three stages for General (DR). Here is the detailed RBI Grade B Exam Pattern 2024.
RBI Grade B Exam Pattern 2024 for Phase 1
Here is the detailed exam pattern for Phase I of the RBI Grade B Exam 2024.
The RBI Grade B Phase 1 exam consists of a total of 200 questions, with each question carrying one mark.
The maximum mark possible in the exam is 200 Marks.
Candidates are given a total of 120 minutes or 2 hours to complete the exam.
There is a negative marking of 0.25 marks for every incorrect answer marked by the candidate.
The exam also has a sectional cut-off for each section of the exam, and candidates will have to clear both sectional cut-offs as well as the overall cut-off to qualify for the next stage.
RBI Grade B Exam Pattern 2024 For Phase 1
Name Of The Section
No. Of Questions
Marks
Duration
English Language
30
30
25 Minutes
General Awareness
80
80
25 Minutes
Quantitative Aptitude
30
30
25 Minutes
Reasoning
60
60
45 Minutes
Total
200
200
120 Minutes
Note- The marks scored by candidates in the RBI Grade B Phase 1 exam will not be considered in the final merit list. The merit list will be based on the marks scored by candidates in the Phase 2 exam and the interview round.
RBI Grade B Exam Pattern 2024 for Phase 2
The exam pattern of the RBI Grade B exam is both objective and descriptive in nature. Candidates can check the RBI Grade B Phase 2 exam pattern from the table provided below.
RBI Grade B Exam Pattern 2024 For Phase 2
Name Of Paper
Type Of Paper
Time
No. Of Questions
Marks
Paper-I:
Economic and Social Issues
50% Objective
30 Minutes
30 Objective Questions
50
50% Descriptive
90 Minutes
4 Descriptive Questions
50
Paper-II:
English (Writing Skills)
Descriptive
90 Minutes
3
100
Paper-III:
General Finance & Management
50% Objective
120 Minutes
30 Objective Questions
50
50% Descriptive
4 Descriptive Questions
50
RBI Grade B Exam Pattern 2024 for DEPR
The process for selecting candidates for RBI Grade B (DR)- DEPR involves an Online/Written Examination and an Interview.
In Phase I, Paper I is Objective Type (on Economics), while Paper II is Descriptive Type (on English). In Phase II, Paper I & Paper II are Descriptive Type (on Economics).
Candidates must score the minimum aggregate marks in Paper I, II of Phase I, in order to be shortlisted for Paper II Exam.
The final selection will be based on the candidate’s performance in Phase I, II, and the Interview round. The Interview round will carry 75 marks.
RBI Grade B Exam Pattern For DEPR
Phase
Name Of Paper
Duration
Maximum Marks
Phase I
Paper – I Objective Type (on Economics)
Paper – II English – Descriptive
(To be typed with help of keyboard)
120 Minutes
100
120 Minutes
100
Phase II
Paper – I Descriptive Type (on Economics)
(Question paper displayed on computer, answers
to be written on paper)Paper – II Descriptive Type (on Economics)
(Question paper displayed on computer, answers
to be written on paper)
120 Minutes
100
120 Minutes
100
Total
400
RBI Grade B Exam Pattern 2024 For DSIM
The process for selecting candidates for RBI Grade B (DR)- DSIM involves an Online/Written Examination and an Interview.
The Examination consists of three papers. Paper I is Objective Type (on Statistics), while Paper II and III are descriptive types.
Candidates must score the minimum aggregate marks in Paper I as prescribed, in order to be shortlisted for Paper II/III based on their Paper I scores.
The final selection will be based on the candidate’s performance in Paper I, II & III, and the Interview round. The Interview round will be carried for 75 marks.
RBI Grade B Exam Pattern 2024 for DSIM
Paper
Duration
Marks
Phase I
Paper-I Statistics (Objective Type)
120 minutes
100
Phase II
Paper-II Statistics (Descriptive Type)
(Question paper displayed on a computer, answers to be written on paper)
180 minutes
100
Paper-III English (Descriptive)
(To be typed with the help of a keyboard)
90 minutes
100
Total
300
RBI Grade B Syllabus 2024 for DR (General)
RBI Grade B Syllabus 2024 for Phase 1 has four subjects. You can access here the section-wise syllabus for RBI Grade B.
English Language
General Awareness
Quantitative Aptitude
Reasoning Ability
RBI Grade B Syllabus 2024 For Phase I General (DR)
RBI Grade B Syllabus 2024 for Phase I General (DR) comprises a total of four sections: English Language, Reasoning Ability, Quantitative Aptitude, and General Awareness. Here is the detailed RBI Grade B Syllabus topic-wise distribution for the phase 1 exam.
RBI Grade B Syllabus 2024 For Phase I General (DR)
RBI Grade B Syllabus 2024 For Phase II General (DR)
In the Phase 2 exam of the RBI Grade B officer, there are 3 Papers viz.
Paper I (Economic and Social Issues)
Paper II (English Writing Skills)
Paper III (General Finance and Management)
We have shared the detailed updated RBI Grade B Syllabus for Phase 2.
RBI Grade B Syllabus 2024 For Phase II Paper 1 General (DR)
The detailed topic-wise syllabus for RBI Grade B Phase 2 Paper I for Economic and Social Issues is provided below:
Growth and Development – Growth Measurement: National Income and per capita income – Poverty Alleviation and Employment Generation in India – Sustainable Development and Environmental issues.
Indian Economy: Economic History of India, Changes in Industrial and Labour Policy, Monetary and Fiscal Policy since reforms of 1991, Priorities and recommendations of Economic Survey and Union Budget – Indian Money and Financial Markets: Linkages with the economy – Role of Indian banks and Reserve Bank in the development process, Public Finance, Political Economy – Industrial Developments in India- Indian Agriculture – Services sector in India.
Globalization: Opening up of the Indian Economy, Balance of Payments, Export-Import Policy, International Economic Institutions, IMF and World Bank, WTO, Regional Economic Co-operation; International Economic Issues.
Social Structure in India: Multiculturalism – Demographic Trends – Urbanisation and Migration, Gender Issues – Social Justice
RBI Grade B Syllabus 2024 For Phase II Paper 2 General(DR)
The RBI Grade B Syllabus 2024 for Phase 2 Paper II will be descriptive. The paper on English shall be framed in a manner to assess the writing skills including expression and understanding of the topic
RBI Grade B Syllabus 2024 For Phase II Paper 3 General(DR)
The RBI Grade B Syllabus 2024 for Phase 2 and Paper III includes General Finance and Management. We have shared the detailed topic-wise syllabus for the convenience of the aspirants:
(I) Finance
(a) Financial System
Structure and Functions Of Financial Institutions
Functions Of Reserve Bank of India
Banking System in India – Structure and Developments, Financial Institutions – SIDBI, EXIM Bank, NABARD, NHB, NaBFID etc.
Recent Developments in Global Financial System and its Impact on Indian Financial System
Role Of Information Technology in Banking and Finance
Global financial markets and International Banking-broad trends and latest developments
Financial Inclusion
Alternate source of finance, private and social cost-benefit, Public-Private Partnership
Corporate Governance in Banking Sector
The Union Budget – Concepts, approach and broad trends
Basics of Accounting and Financial Statements- Balance Sheet, Profit and Loss, Cash Flow Statements, Ratio Analysis(such as Debt to Equity, Debtor Days, Creditor Days, Inventory Turnover, Return On Assets, Return On Equity, etc. )
Inflation: Definition, trends, estimates, consequences, and remedies (control): WPI, CPI -components and trends; striking a balance between inflation and growth through monetary and fiscal policies.
(d) Management:
Fundamentals of Management & Organizational Behaviour
Introduction to management; Evolution of management thought: Scientific, Administrative, Human relations and Systems approach to management; Management functions and Managerial roles; Nudge theory
Meaning & concept of organizational behaviour; Personality: meaning, factors affecting personality, Big Five model of personality; the concept of reinforcement; Perception: concept, perceptual errors. Motivation: Concept, importance, Content theories (Maslow’s need theory, Alderfers’ ERG theory, McCllelands’ theory of needs, Herzberg’s two-factor theory) and process theories (Adams equity theory, Vroom’s expectancy theory.
Leadership: Concept, Theories (Trait, Behavioural, Contingency, Charismatic, Transactional, and Transformational leadership; Emotional Intelligence: Concept, Importance, Dimensions. Analysis of Interpersonal Relationship: Transactional Analysis, Johari window; Conflict: Concepts, Sources, Types, Management of conflict; Organizational Change: Concept Kurt Lewin Theory of Change
Organizational Development (OD): Organisational Change, Strategies for Change, Theories of Planned Change (Lewin’s change model, Action research model, Positive model).
Ethics At The Workplace and Corporate Governance
Meaning of ethics, why ethical problems occur in business. Theories of ethics: Utilitarianism: weighing social cost and benefits, rights and duties, Justice and fairness, ethics of care, integrating utility, rights, justice & caring, An alternative to moral principles: virtue ethics, teleological theories, egoism theory, relativism theory, Moral issues in business: Ethics in compliance, Finance, Human Resources, Marketing, etc. Ethical principles in Business: Introduction, Organization Structure, and Ethics, Role of Board of Directors, Best Practices in Ethics program, Code of Ethics, Code of Conduct, etc.
Corporate Governance: Factors affecting Corporate Governance; Mechanisms of Corporate Governance
Communication: Steps in the Communication Process; Communication Channels; Oral versus Written communication; Verbal versus nonverbal communication; upward, downward and lateral communication; Barriers to Communication, Role of Information Technology.
RBI Grade B Syllabus 2024 for DEPR
The syllabus for RBI Grade B (DR) DEPR is as per the specialization. The syllabus pertains to core economics and is generally similar to the syllabus for a Master’s Degree in economics.
Phase 1: Paper 1 Objective Type (on Economics)
(1) Microeconomics (Theories of consumer’s demand; Production; Market Structures and Pricing; Distribution; and Welfare Economics)
(2) Macro Economics (Theories of Employment, Output and Inflation; Monetary Economics; ISLM Model; Schools of Economic Thought)
(3) International Economics (Theories of International Trade; Balance of Payments; Exchange Rate Models)
(4) Theories of Economic Growth and Development (Classical neo-classical approaches to economic growth and major theories of economic development)
(5) Public Finance (Theories of taxation and public expenditure and Public Debt Management)
(6) Environmental Economics (Green GDP, Environmental Valuation, Environmental policy instruments)
(7) Quantitative Methods in Economics (Mathematical and Statistical Methods for Economics, Ordinary Least Square Regression)
(8) Current developments in the Indian Economy (Growth, inflation, poverty, unemployment, financial sector developments, external sector developments, fiscal developments, agriculture, industry, infrastructure, and services)
Phase 1: Paper 2 Descriptive Type (on English)
The English paper will be designed to evaluate the candidate’s writing abilities, including their expression and comprehension of the given topic.
Phase 2: Paper 1 Descriptive Type (on Economics)
Microeconomic Module
Consumer Theory: Cardinal and Marginal Utility Analysis, Consumer Surplus, Indifference Curve Analysis, Price, Income and Substitution Effects, Game Theory
Production Theory: Forms of Production function; Laws of Returns to Scale; Partial Equilibrium Vs General Equilibrium Analysis
Market Theory: Pricing under different market structures
Distribution Theories: Ricardo, Marx, Kalecki, and Kaldor
Welfare Economics: Pareto Optimality, Schools of Welfare Thought including Arrow, Coase, and Sen
Macroeconomic Module
National Income Accounting: Various methods for measurement of National Income
Theory of employment and Output: Classical and Neo-classical approaches, Keynesian theory of Employment and output, Post-Keynesian developments, Business Cycles
Inflation: Types of Inflation, Philip’s curve, Taylor’s Rule, Lucas Critique
Money and Banking: Quantity theory of Money, Neutrality of money, IS-LM Model and AD-AS Models, Money Multiplier, Monetary Policy – Scope, Objectives and instruments, Inflation targeting
Theories of Economic Growth and Development: Theories of growth, Classical and neoclassical approaches, Theories of Economic Development
International trade and Balance of payments: Theories of international trade, Determination of exchange rates, Impossible Trinity
Public Finance: Theories of taxation, Theories of public expenditure, Theories of public debt management
Phase 2: Paper 2 Descriptive Type (on Economics)
Module on Quantitative Methods in Economics
• Mathematical Methods in Economics: Differentiation and Integration, Optimisation, Sets, Matrices, Linear algebra and Linear programming
• Statistical Methods in Economics: Measures of central tendency and dispersions, Probability, Time series, Index numbers.
• Econometrics and advanced Applications: Regression analysis, Panel data econometrics, Time Series econometrics, Basics of Bayesian Econometrics, Basic application of Artificial Intelligence/ Machine Learning
Module on Indian Economy – Policy and Trends
• Fiscal policy in India: Evolution, scope and limitations, current trends
• Monetary Policy in India: Evolution, Functions of the Reserve Bank of India, MonetaryFiscal coordination, Inflation targeting, Operating framework of Monetary Policy, Current trends
• Banking and financial sector development in India: Banks and other constituents of Indian financial markets and related developments, Current trends
• Inflation in India: Trends and drivers
• External sector developments in India: Exchange rate management, external debt, Balance of payments, Current trends
RBI Grade B Syllabus 2024 For DSIM
RBI Grade B Syllabus 2024 for DSIM comprises three papers: Paper 1, Paper 2, and Paper 3. Candidates aspiring for the RBI Grade B 2024 DSIM Posts must be familiar with the topics to be covered in each of the papers.
Paper 1
Questions would cover Probability: Definition of Probability, Standard distribution, Large and small sample theory, Analysis of Variance, Estimation, Testing of Hypotheses, Multivariate analysis, and Stochastic Processes.
Paper 2
Questions would cover (i) Probability and Sampling, (ii) Linear Models and Economic Statistics, (iii) Statistical Inference: Estimation, Testing of hypothesis and Non-parametric Test, (iv) Stochastic Processes, (v) Multivariate analysis, (vi) Econometrics and time series, (vii) Statistical computing; and (viii) Data Science, Artificial Intelligence and Machine Learning Techniques.
Candidates will have ample options to answer the mandatory number of questions from a minimum of three out of the eight groups mentioned above. Here is the detailed syllabus for RBI Grade B Syllabus for DSIM.
1. Theory of Probability and Probability Distributions
Classical and axiomatic approach of probability and its properties, Bayes theorem and its application, strong and weak laws of large numbers, characteristic functions, central limit theorem, probability inequalities.
Standard probability distributions – Binomial, Poison, Geometric, Negative binomial, Uniform, Normal, exponential, Logistic, Log-normal, Beta, Gamma, Weibull, Bivariate normal etc.
Exact Sampling distributions – Chi-square, student’s t, F and Z distributions and their applications. Asymptotic sampling distributions and large sample tests, association and analysis of contingency tables.
Sampling Theory:
Standard sampling methods such simple random sampling, Stratified random sampling, Systematic sampling, Cluster sampling, Two stage sampling, Probability proportional to size etc. Ratio estimation, Regression estimation, non-sampling errors and problem of non-response, and Correspondence and categorical data analysis.
2. Linear Models and Economic Statistics
Simple linear regression – assumptions, estimation, and inference diagnostic checks; polynomial regression, transformations on Y or X (Box-Cox, square root, log, etc.), method of weighted least squares, inverse regression. Multiple regression – Standard Gauss Markov setup, least squares estimation and related properties, regression analysis with correlated observations. Simultaneous estimation of linear parametric functions, Testing of hypotheses; Confidence intervals and regions, Multicollinearity and ridge regression, LASSO.
Definition and construction of index numbers, Standard index numbers; Conversion of chain base index to fixed base and vice-versa; base shifting, splicing and deflating of index numbers; Measurement of economic inequality: Gini’s coefficient, Lorenz curves etc.
3. Statistical Inference: Estimation, Testing of Hypothesis and Non-Parametric Test
Estimation: Concepts of estimation, unbiasedness, sufficiency, consistency and efficiency. Factorization theorem. Complete statistic, Minimum variance unbiased estimator (MVUE), RaoBlackwell and Lehmann-Scheffe theorems and their applications. Cramer-Rao inequality.
Methods of Estimation: Method of moments, method of maximum likelihood estimation, method of least square, method of minimum Chi-square, basic idea of Bayes estimators.
Principles of Test of Significance: Type-I and Type-II errors, critical region, level of significance, size and power, best critical region, most powerful test, uniformly most powerful test, Neyman Pearson theory of testing of hypothesis. Likelihood ratio tests, Tests of goodness of fit. Bartlett’s test for homogeneity of variances.
Non-Parametric Test: The Kolmogorov-Smirnov test, Sign test, Wilcoxon Signed-rank test, Wilcoxon Rank-Sum test, Mann Whitney U-test, Kruskal-Walls one way ANOVA test, Friedman’s test, Kendall’s Tau coefficient, Spearman’s coefficient of rank correlation.
4. Stochastic Processes
Poisson Processes: Arrival, interarrival and conditional arrival distributions. Non-homogeneous Processes. Law of Rare Events and Poisson Process. Compound Poisson Processes.
Markov Chains: Transition probability matrix, Chapman- Kolmogorov equations, Regular chains and Stationary distributions, Periodicity, Limit theorems. Patterns for recurrent events. Brownian Motion – Limit of Random Walk, its defining characteristics and peculiarities; Martingales.
5. Multivariate Analysis
Multivariate normal distribution and its properties and characterization; Wishart matrix, its distribution and properties, Hotelling’s T2 statistic, its distribution and properties, and its applications in tests on mean vector, Mahalanobis’ D2 statistics; Canonical correlation analysis, Principal components analysis, Factor analysis and cluster analysis.
6. Econometrics and Time Series
General linear model and its extensions, ordinary least squares and generalized least squares estimation and prediction, heteroscedastic disturbances, pure and mixed estimation. Autocorrelation, its consequences and related tests; Theil BLUS procedure, estimation and prediction; the issue of multi-collinearity, its implications and tools for handling it; Ridge regression.
Linear regression and stochastic regression, instrumental variable regression, autoregressive linear regression, distributed lag models, and estimation of lags by OLS method. Simultaneous linear equations model and its generalization, identification problem, restrictions on structural parameters, rank and order conditions; different estimation methods for simultaneous equations model, prediction and simultaneous confidence intervals.
Exploratory analysis of time series; Concepts of weak and strong stationarity; AR, MA and ARMA processes and their properties; model identification based on ACF and PACF; model estimation and diagnostic tests; Box-Jenkins models; ARCH/GARCH models.
Inference with Non-Stationary Models: ARIMA model, determination of the order of integration, trend stationarity and difference stationary processes, tests of non-stationarity.
7. Statistical Computing
Simulation techniques for various probability models, and resampling methods jack-knife, bootstrap and cross-validation; techniques for robust linear regression, nonlinear and generalized linear regression problem, tree-structured regression and classification; Analysis of incomplete data – EM algorithm, single and multiple imputation; Markov Chain Monte Carlo and annealing techniques, Gibbs sampling, Metropolis-Hastings algorithm; Neural Networks, Association Rules and learning algorithms.
8. Data Science, Artificial Intelligence and Machine Learning Techniques
Introduction to supervised and unsupervised pattern classification; unsupervised and reinforcement learning, basics of optimization, model accuracy measures.
Supervised Algorithms: Linear Regression, Logistic Regression, Penalized Regression, Naïve Bayes, Nearest Neighbour, Decision Tree, Support Vector Machine, Kernel density estimation and kernel discriminant analysis; Classification under a regression framework, neural network, kernel regression and tree and random forests.
Unsupervised Classification: Hierarchical and non-hierarchical methods: k-means, k-medoids, and linkage methods, Cluster validation indices: Dunn index, Gap statistics.
Bagging (Random Forest) and Boosting (Adaptive Boosting, Gradient Boosting) techniques; Recurrent Neural Network (RNN); Convolutional Neural Network; Natural Language Processing.
Paper 3: English
The English paper will be designed to evaluate the candidate’s writing abilities, including their expression and comprehension of the given topic.
RBI Grade B Selection Process 2024
The information on the RBI Grade B Selection Process 2024 is as important as the RBI Grade B Syllabus 2024 and Exam Pattern. Only after the candidates have clarity on selection can they truly understand the RBI Grade B Syllabus 2024 and exam pattern. Here is the detailed selection process for the RBI Grade B Exam.
RBI Grade B Selection Process 2024
Exam Stages
General (DR)
DEPR
DSIM
Phase-I
Phase – I – Online Examination
Phase – I – Paper I & II Online Examination
Phase – I – Paper I Online Examination
Phase-II
Phase – II – Paper I, II & III Online Examination
Phase – II – Paper I & II Written Examination
Phase – II – Paper II & III Online/Written Examination
In April, a myriad of important events are observed nationally and globally, each signifying various historical, cultural, and social milestones. Starting from April Fool’s Day on 1st April, International Children’s Book Day on April 2nd, underscoring the importance of literature for young minds, to Earth Day on April 22nd, which raises awareness about environmental conservation, the month is brimming with significant occasions.
This month brings a multitude of religious festivals, national holidays, and international commemorative days, appealing to a wide range of interests. As we approach the new month, it’s crucial to familiarize ourselves with the significant dates April holds. With the start of April, it’s important to acknowledge the various important days it brings and observe them with enthusiasm and dedication.
List of Important Days in April 2024
April emerges as a lively month with a plethora of noteworthy days and events. People from different cultural and religious backgrounds honor various significant occasions during this period. Below, a detailed table presents all the notable national and international days observed in April.
Understanding the significance of festivals and events worldwide is advantageous, particularly for individuals preparing for government exams. We’ve outlined comprehensive details on some important days occurring in April 2024. The details regarding some of these important days are mentioned below:
2nd April: World Autism Day
A designated day to promote Autism awareness and inclusion for individuals with autism, established by the United Nations General Assembly in 2007. It aims to increase understanding and acceptance of autism spectrum disorder, advocating for the rights, well-being, and full participation of people with autism in society.
4th April: International Day of Mines Awareness
This day, established by the United Nations General Assembly in 2005, is dedicated to heightening awareness about the hazards posed by landmines and advocating for initiatives aimed at their eradication. It serves as a platform to emphasize the importance of removing landmines to ensure the safety of communities and facilitate post-conflict recovery efforts. The focus lies on promoting international cooperation and mobilizing resources to address the lingering threat of landmines worldwide.
7th April: World Health Day
World Health Day occurs annually on April 7th, aiming to enhance awareness of global health concerns and encourage healthy lifestyles. It urges individuals, communities, and entities to prioritize and support their health and wellness. The day entails diverse global activities such as health screenings, educational drives, public talks, and community engagements, fostering informed choices and proactive measures for improved well-being.
11th April: National Safe Motherhood Day 2024
Each year, National Safe Motherhood Day is observed on 11 April 2024 to enhance public awareness regarding healthcare facilities for women. India initiated National Safe Motherhood Day on April 11 to better healthcare for pregnant and postpartum women, aiming to lower deaths from pregnancy and childbirth issues. The day emphasizes the importance of safe motherhood, urging all involved parties like governments, healthcare workers, NGOs, and communities to collaborate in reaching the Sustainable Development Goal of lowering the worldwide maternal death rate.
12th April: International Day for Human Space Flight
The International Day for Human Space Flight celebrated annually, honors Yuri Gagarin’s pioneering voyage into space on April 12, 1961, marking a significant milestone in human history. Gagarin’s historic journey as the first human in space underscores humanity’s remarkable achievements in space exploration, emphasizing the limitless potential for future endeavors beyond Earth’s bounds.
15th April: World Art Day
World Art Day is celebrated on 15 April every year and this year the theme of World Art Day is “A Garden of Expression: Cultivating Community through Art”. Art which is defined distinctively by different cultures, is a key focus of this celebration, fostering its development and appreciation.
16th April: World Voice Day
World Voice Day is observed annually on 16 April to celebrate the significance of the human voice and to raise the voice against the health issues that are impacting vocal health. This year, the theme of World Voice Day is “Resonate. Educate. Celebrate!”.
17th April: World Haemophilia Day
Annually on April 17th, individuals worldwide unite to recognize World Haemophilia Day, dedicated to raising awareness about Haemophilia, a rare bleeding disorder impairing blood clotting. Through educational campaigns, fundraising events, and community activities, the day aims to increase understanding, offer support, and advocate for enhanced treatment for individuals and families affected by Haemophilia. By promoting dialogue and unity, the event endeavors to create a more inclusive and compassionate environment for those impacted by this condition.
19th April: World Liver Day
World Liver Day, observed globally each year on April 19th, seeks to increase awareness regarding liver diseases and encourage liver health. The event unites medical experts, patients, and advocacy organizations to educate the public about the significance of maintaining a healthy liver. It emphasizes the importance of prioritizing liver health through healthy dietary habits, consistent physical activity, and abstaining from detrimental substances like alcohol and tobacco. Through spreading awareness and information, World Liver Day aims to alleviate the prevalence of liver diseases and enhance the overall health of individuals worldwide.
22nd April: World Earth Day
World Earth Day, celebrated annually on April 22nd, serves as a global reminder of the importance of environmental conservation and sustainability. This significant day brings together individuals, communities, and organizations worldwide to advocate for the protection of our planet and its natural resources. Through various activities such as tree plantings, clean-up campaigns, educational seminars, and policy discussions, World Earth Day aims to raise awareness about pressing environmental issues and inspire collective action towards building a greener and more resilient future for generations to come.
26th April: World Intellectual Property Day
World Intellectual Property Day, observed on 26th April each year, highlights the crucial role that intellectual property rights play in fostering innovation and creativity. This global event raises awareness about the importance of protecting intellectual property, including patents, trademarks, copyrights, and trade secrets. Through various activities such as seminars, workshops, and exhibitions, World Intellectual Property Day encourages dialogue and collaboration among stakeholders to promote respect for intellectual property rights and ensure that innovators and creators receive fair recognition and reward for their contributions to society.
World Voice Day, observed annually on April 16th, celebrates the significance of the human voice and raises awareness about issues impacting vocal health. It highlights the essential role the voice plays in everyday interactions and aims to promote global understanding of the importance of preventing voice problems, aiding vocal rehabilitation, nurturing artistic voices, and advancing research on the function and utilization of the human voice. A primary objective of World Voice Day is to empower individuals to prioritize vocal care, seek assistance when needed, and contribute to ongoing voice research initiatives. Additionally, The goal of World Voice Day is to encourage all those who use their voice for business or pleasure to learn to take care of their voice, know how to seek help and training and to support research on the voice.
Theme of World Voice Day 2024
The theme of World Voice Day 2024 is, “Resonate. Educate. Celebrate!”. It encapsulates the multifaceted essence of this global celebration. “Resonate” encourages individuals to recognize the power and significance of their voices, resonating not only physically but also emotionally and culturally. “Educate” emphasizes the importance of spreading awareness about vocal health, communication techniques, and the diverse ways in which voices are utilized worldwide. Lastly, “Celebrate!” calls for rejoicing in the uniqueness and versatility of each person’s voice, as well as commemorating the achievements and advancements in the field of vocal science and artistry. Together, these elements inspire a harmonious blend of appreciation, knowledge sharing, and joyful recognition of the universal gift of voice.
There are several reasons why World Voice Day is celebrated worldwide:
Promoting Vocal Health: Just like any other part of our body, our vocal cords require care and attention. World Voice Day encourages people to learn about vocal hygiene practices and seek professional help if they experience voice-related issues.
Raising Awareness: Many people are unaware of the risks associated with voice misuse and abuse. By spreading awareness through events, workshops, and educational campaigns, World Voice Day aims to educate individuals about the importance of proper vocal care and the prevention of voice disorders.
Celebrating Diversity: Our voices come in all shapes, sizes, and tones, each with its own unique beauty. World Voice Day celebrates this diversity and encourages people to embrace their voices, whether they’re speaking, singing, or expressing themselves in other ways.
Empowering Individuals: For some, speaking up can be a daunting task. World Voice Day empowers individuals to find their voice and use it to advocate for themselves and others. Whether it’s speaking out against injustice or sharing their stories with the world, everyone deserves to have their voice heard.
World Voice Day 2024: History
World Voice Day was established on April 16th with the primary objectives of raising public awareness about the importance of the voice and promoting vigilance towards voice-related issues.
The inception of this celebration dates back to Brazil in 1999 when it was initially observed as Brazilian National Voice Day. It emerged from a collaborative effort among healthcare professionals, including physicians, speech-language pathologists, and singing instructors associated with the former organization ‘Sociedade Brasileira de Laringologia e Voz – SBLV’ (Brazilian Society of Laryngology and Voice), led by Dr. Nedio Steffen. Following Brazil’s lead, other nations like Argentina and Portugal also embraced the initiative, leading to the transformation of Brazilian National Voice Day into International Voice Day. The United States formally recognized this commemoration in 2002 through the American Academy of Otolaryngology – Head and Neck Surgery, renaming it as ‘World Voice Day’ in the same year.
In 2012, Professors Johan Sundberg from Sweden, Tecumseh Fitch from Austria, and Dr. Filipa Lã from Portugal collaborated to invite voice specialists from various nations to establish an international website group dedicated to celebrating World Voice Day. Under the coordination of Prof. Johan Sundberg and Dr. Gláucia Laís Salomão from Brazil, the website was launched. At present, the group comprises 66 members who actively organize and facilitate events for World Voice Day in their respective countries. The current coordination of the website is overseen by Mara Behlau, Thays Vaiano, and Mauro Andrea.
By 2018, nearly 600 events spanning 50 countries were organized, all of which are documented on the website world-voice-day.org, providing additional details for interested individuals.
World Voice Day 2024: Significance
Our voice is not just a tool for speaking and singing; it’s a fundamental aspect of our identity and a powerful means of communication. From the first cries of a newborn to the heartfelt conversations between loved ones, our voices shape our interactions with the world around us. World Voice Day serves as a reminder of the significance of our voices and the need to take care of them.
To practice for the SBI clerk exam, candidates must practice with the SBI Clerk Previous Year Question Papers which will help them understand the questions asked in the exam, types of repetitive questions, new types of questions, difficulty level of questions, etc. In simple words, we can say that a candidate with proper strategy and a set of some SBI Clerk Previous Year Papers can easily crack the SBI clerk exam.
SBI Clerk Previous Year Question Paper will help the students to understand the type of questions that have been asked in past years. In this article, we have provided the authentic SBI Clerk Previous Year Question Papers along with their solution PDFs. Go through this post and escalate your chances of getting selected.
SBI Clerk Previous Year Question Paper PDF
The candidates are advised to attempt the SBI Clerk Previous Year Question Paper as it will give the candidates a better understanding of the level of SBI Clerk Prelims and Mains Exam. For better revision and preparation, practising the previous years’ question papers is ideal for the candidates. In this article, we will be looking at the previous year’s question papers of the SBI Clerk. The SBI Clerk Previous Year Question Paper PDFs have been prepared with extreme authenticity and students can easily download them to strengthen their preparations.
SBI Clerk Previous Year Question Paper: Overview
Candidates can check the complete overview of the SBI Clerk Previous Year Question Paper in the table below.
SBI Clerk Previous Year Question Paper PDF With Solutions
There is always a difference in the approach of the students in preparing for the banking exams that makes them stand different from others. And that difference is practice. Other than studying, a candidate must practice and analyze the previous year’s paper and mock tests. The SBI Clerk Previous Year Paper is the best way to practice for the SBI Clerk exam. Here are the memory-based papers of the SBI Clerk so that nothing important is left behind to study in getting the desired job.
SBI Clerk Previous Year Question Paper 2022 (Mains)
As the exam dates are announced for the Mains Exam of SBI Clerk, candidates must download the SBI Clerk Previous Year questions of the mains exam of 2022.
SBI Clerk Previous Year Question Paper 2022 (Prelims)
From the following table, candidates can download the SBI Clerk Previous Year Question Paper which is based on 2022. This given PDF consists of questions as well as solutions.
SBI Clerk Prelims Previous Year Question Paper 2022
SBI Clerk Previous Year Question Paper 2020 (Prelims)
In the table mentioned below, there are the section-wise SBI Clerk Prelims previous year’s question paper and exam questions asked in the examination for the year 2020. This will be helpful in your exam preparation.
SBI Clerk Previous Year Question Paper 2019 (Prelims)
Same with the year 2019, we are providing you with the section-wise SBI Clerk Prelims Previous year question papers and exam questions asked in the prelims examination in the year 2019.
SBI Clerk Previous Year Question Paper 2018 (Prelims)
While practising with the previous year’s paper, aspirants get familiar with the question and the exam pattern and have a look at the previous year questions asked in the prelims examination of SBI Clerk 2018.
The State Bank Of India (SBI) recruits the candidates based on two phases i.e. the prelims, and the mains. All those candidates who will qualify for the prelims examination will be called for the mains examination, and those students who will qualify for the mains examination will be called for the language proficiency test. Candidates have to qualify for all the stages to get recruitment. The candidates who are preparing for SBI Clerk must follow the updated exam pattern that has been tabulated below.
Note: There is a negative marking of 1/4 mark on each wrong answer in both phases i.e. Prelims and Mains exam.
SBI Clerk Prelims Exam Pattern 2024
SBI Clerk Prelims Exam pattern is given below with all sections, the number of questions, marks, and duration.
S. No.
Sections
No. of Questions
Maximum Marks
Duration
1
English Language
30
30
20 minutes
2
Numerical Ability
35
35
20 minutes
3
Reasoning Ability
35
35
20 minutes
Total
100
100
60 minutes
SBI Clerk Mains Exam Pattern 2024
Candidates must have a look at the mains exam pattern of the SBI Clerk which is given below in the table:
While building a strong vocabulary can be challenging for aspiring bankers, it is important to qualify for the competitive exams. Knowing more words helps candidates not only with the language section, but also improves their overall test score. Adda247 offers Daily Vocabulary Words to help aspirants learn new words, understand their meanings, and practice the synonyms and antonyms. The learning becomes more enjoyable as the words are presented in a visual format.
Vocabulary Words With Antonyms & Synonyms
1. Pared (verb) Meaning; to remove the outer covering
Synonyms: slash, cut Antonyms: raise, grow 2. Ramp (verb) Meaning; A leap or bound.
Synonyms: ascend, mount Antonyms: descend, reduce 3. Precarity (noun) Meaning; condition of existence without predictability
Prepare for the upcoming bank exams 2024 and seize the opportunity to secure a position in the banking industry. The bank vacancy 2024 includes a variety of roles such as Probationary Officers, Clerks, and Specialist Officers, offering a pathway to a promising banking career. The bank exams 2024, including those conducted by IBPS, SBI, IBPS RRB, RBI, and other leading public and private banks, will assess candidates through written tests, group discussions, and interviews. Success in these exams requires a strong foundation in Quantitative Aptitude, English, Reasoning, and Current Affairs. Stay informed about the latest exam patterns and syllabus updates to maximize your chances in the upcoming bank exams 2024 and embark on a fulfilling banking career.
Government Bank Exam
The banking industry is crucial for driving economic development and ensuring financial access for all. In India, there are 12 public sector banks or can be said the government banks, with only the State Bank of India handling its own hiring process. The remaining banks rely on the Institute of Banking Personnel Selection (IBPS) to recruit qualified candidates. This collaborative approach ensures fairness and efficiency in the recruitment process. Additionally, it highlights the importance of standardized procedures in maintaining the integrity and reliability of the banking sector. These banks collectively contribute to the nation’s economic growth.
Upcoming Bank Exams 2024 List
IBPS Calendar has released the exam dates for upcoming bank recruitment 2024 which will be conducted by IBPS for the posts of IBPS RRB Officer Scale 1, 2, 3, Office Assistant, IBPS PO, Clerk, and SO. Candidates can check the Upcoming Bank Exams 2024 List in the following table.
The Latest Bank Recruitment 2024 includes IBPS Clerk, IBPS PO, IBPS SO and notifications released by other regulatory bodies. Banks are looking for new people to join them this year. A lot of Banks have released their vacancies and many more will do in the coming time which include roles varying from basic jobs to higher roles. Many students are excited about this because working in a bank can be a good career choice. If you want a bank job, this could be the best time to try. So, if you’re interested, be sure to check it out and apply for upcoming bank exams. Keep visiting this page regularly for updates related to Latest Bank Recruitment 2024.
Bank Vacancy 2024: Complete List
Conducted at a national level, banking sector recruitments target graduates aspiring for diverse roles within the banking industry. The following table presents a comprehensive list of upcoming bank exams 2024, accompanied by their respective released notifications. Notably, the IBPS exam calendar for IBPS Clerk and PO, as well as RRB Clerk and PO, was already released by IBPS.
Various Public Sector Banks, Financial Institutions, and Regulatory Authorities such as the State Bank of India, NABARD, the Reserve Bank of India (RBI), and IBPS regularly offer positions for candidates. Being aware of the forthcoming Bank Recruitment 2024 is crucial for anyone interested in the various banking vacancies in India so that aspirants can prepare well. Getting recruited for a bank job requires great passion, hard work, determination, focus, and consistency in preparation. For a smooth start to their preparation, candidates can access full details on the upcoming Bank exams 2024 cycle. We have provided the IBPS Calendar 2024 link which has been released with exam dates of upcoming bank recruitment 2024.
Every year a large number of aspirants appear in various banking exams such as IBPS PO, IBPS Clerk, IBPS SO, SBI PO, SBI Clerk, RBI Grade B, RBI Assistant, IBPS RRB, and many more. Banking sector exams are national-level exams conducted for graduates for different posts in the banking sector. The reasons why a large number of candidates are attracted to bank jobs are the Social Status, Lucrative Salary, Numerous Perks and other allowances, Job Security, Stability, and a balanced work-life. Grabbing a bank job is difficult due to the cut-throat competition. Aspirants should have top-notch bank exam preparation to be able to crack the Upcoming Bank Exam 2024 and become a Banker. The bank exam calendar 2024 will help aspirants to plan and strategize their preparation for the popular bank exams.
Upcoming Private Bank Recruitment 2024
Here we have provided below the list of recruitments conducted by some private sector banks for the post of clerk and officer. There are mainly 5 private sector banks that recruit candidates by conducting the online written exam. Candidates can check the complete info from the table given below.
Name Of The Bank
Bank Exam Dates
Registration Dates
South Indian Bank PO Recruitment
Not released Yet
Online Registration Date: to be released
J&K Bank Clerk Recruitment
Not released Yet
Online Registration Date: to be released
J&K Bank PO Recruitment
Not released Yet
Online Registration Date: to be released
Syllabus for Bank Recruitment 2024
The consolidation of banks is leading to a decline in vacancies in PSBs (Public Sector Banks), posing a challenge to aspiring candidates. The immense competition, with thousands vying for limited positions, amplifies the complexity of the Upcoming Bank Recruitment 2024. Thus, a solid understanding of the probable question areas becomes imperative. Acing the banking exams 2024 hinges on comprehending the exam syllabus and pattern. Typically, clerk-level exams involve a selection process encompassing Prelims and Mains exams, while PO-level exam encompasses Prelims, Mains, and Interviews.
Candidates who are preparing for the upcoming bank recruitment 2024 must practice with All India Mocks so that they can compare their preparation and performance based on the latest pattern. All India Mock Tests help candidates to understand the exam pattern of a particular exam, enhance speed, and boost accuracy to score well in the exam.
Upcoming Bank Recruitment 2024: Preparation Strategy
Aspirants who aspire to work in the public sector banks and want a job this year must follow a sure short preparation strategy to clear the upcoming bank exams 2024. There are so many exams lined up this year, therefore, you should not miss this chance and prepare well by following all the tips given below.
Know the Syllabus: To start up your preparation for bank recruitment 2024
, the first step is to go through the detailed syllabus, by this, you will get familiar with the syllabus, and you will be able to make your study plan more effective.
Study Plan: Once, you check the detailed syllabus, make your timetable and study plan, and start following the same. Divide your time equally for every subject.
Concepts: Start with clearing the concepts and basics to solve the maximum number of questions.
Reasoning Strategy: For Reasoning, start your preparation from the easier topics, following with the harder ones. At Least try to solve 4-5 puzzles daily in the starting, as puzzles will be asked in the prelims as well as the mains examination. So try to increase the level simultaneously.
Quantitative Strategy: Same with the Quantitative Aptitude section, start preparing with the simplification, number series, percentage, approximation, etc, the easier topics, followed by the difficult ones, and DI will be asked in the mains and prelims so daily practice the DI sets at least 5 -6 by increasing the level.
English Language: Make a habit of reading a newspaper, at least try to read 2 editorials daily, and note down the new words you come across, at the same time note down the new and difficult words, this will help you in revising the same before the examination.
Current Affairs: In the mains examination, current affairs will be asked about the past 6 months, so the reading newspaper can give you an advantage in the mains examination, or you can also read the important current affairs provided on our Adda247 app, which does not only include the important headlines as well it will give you the static information as well related to the news.
Short Notes: While you are going with your preparation make a short note of all the formulas and short tricks, which can be used before examination for revising.
Practice: Practice is the key to success, so once you are done with the syllabus start practicing with the free quizzes available on our app, which includes the questions important from the exam point of view.
Mock Test: After this, start attempting the mock tests, which are available on our app, designed by our expert faculty, and are based on the exam pattern with detailed solutions, which will help you clear your doubts and improve your speed with accuracy.
Analysis: Thoroughly analyze the mock test given by you, and rectify your mistakes properly.
Practice daily the new pattern of difficult questions, this will increase your level, as well as help you in attempting the maximum number of questions in the examination.
Previous Year Papers: Practice the questions from the previous year’s papers, as this will give you an idea about the examination pattern and the difficulty level of the questions asked in the examination.
Public Sector Banks and Headquarters
Candidates can check out the tagline and the headquarters of public sector banks from the table given below.
Name of The Bank
Bank’s Tagline
Bank’s Headquarter
Bank of Baroda
India’s International Banking
Vadodara
Bank of India
Relationship Beyond Banking
Mumbai
Bank of Maharashtra
Ek Parivaar, Ek Bank (One Family One Bank)
Pune
Canara Bank
Together We Can
Bengaluru
Central Bank of India
Central To You Since 1911, Build A Better Life Around Us
Mumbai
Indian Bank
Your Own Bank, Banking That’s Twice As Good
Chennai
Indian Overseas Bank
Good People To Grow With
Chennai
Punjab & Sindh Bank
Where A Service Is A Way Of Life
New Delhi
Punjab National Bank
The Name You Can Bank Upon
New Delhi
State Bank of India
The Banker To Every Indian, The Nation Banks On Us, A Bank Of Common Man, With You All The Way, Pure Banking Nothing Else
Mumbai
UCO Bank
Honours Your Trust
Kolkata
Union Bank of India
Good People To Bank With
Mumbai
Private Sector Banks and Headquarters
At present, our nation hosts a total of 21 private sector banks actively functioning within its financial landscape. To access a comprehensive compilation of these private sector banks, along with their respective headquarters, interested candidates can conveniently refer to the provided table below. This resource offers valuable insights into the organizational structure and distribution of these banking institutions across the country.
Name Of The Bank
Headquarter
Axis Bank Ltd.
Mumbai
Bandhan Bank Ltd.
Kolkata
CSB Bank Ltd.
Thrissur, Kerala
City Union Bank Ltd.
Tamil Nadu
DCB Bank Ltd.
Tamil Nadu
Dhanlaxmi Bank Ltd.
Thrissur, Kerala
Federal Bank Ltd.
Kerala
HDFC Bank Ltd.
Mumbai
ICICI Bank Ltd.
Mumbai
Indusind Bank Ltd.
Maharashtra
IDFC First Bank Ltd.
Mumbai
Jammu & Kashmir Bank Ltd.
Srinagar
Karnataka Bank Ltd.
Mangaluru, Karnataka
Karur Vysya Bank Ltd.
Karur
Kotak Mahindra Bank Ltd.
Mumbai
Nainital Bank Ltd.
Nainital
RBL Bank Ltd.
Mumbai
South Indian Bank Ltd.
Thrissur, Kerala
Tamilnadu Mercantile Bank Ltd.
Thoothukudi, Tamilnadu
Yes Bank Ltd
Mumbai
IDBI Bank Ltd.
Mumbai
Importance Of Bank Exam 2024
Bank exams in 2024 hold immense significance in shaping the careers of aspiring individuals within the financial sector. These examinations act as gateways to coveted positions in various national and private banks, offering stability, growth, and a promising career trajectory.
Firstly, bank exams ensure a level playing field for candidates by evaluating their knowledge, aptitude, and skills. They serve as a fair selection process, enabling banks to recruit the most qualified and competent candidates.
Secondly, the financial landscape is evolving rapidly, demanding professionals who are well-versed in contemporary banking practices. Bank exams assess candidates’ understanding of financial concepts, technology, and regulatory frameworks, ensuring that the sector is equipped with capable individuals who can adapt to the changing industry dynamics.
Moreover, these exams instill discipline and commitment in aspirants, as the rigorous preparation required fosters time management and dedication. They encourage individuals to enhance their problem-solving, analytical, and communication abilities, qualities indispensable for success in the banking domain.
Furthermore, a career in banking offers not only financial rewards but also job security, opportunities for advancement, and exposure to diverse responsibilities. Bank exams provide a pathway to such benefits, driving candidates to strive for excellence.
In conclusion, the importance of bank exams in 2024 cannot be overstated. They not only facilitate the selection of proficient candidates but also contribute to the overall growth and stability of the banking sector while empowering individuals to embark on a rewarding and impactful career journey.