IBPS Clerk V (2015) : Exam Details and Expected Notification

IBPS recruitment for the year 2014-15 will come to an end with the clerical and PO/MT exams (CWE) and the allotment processes. The candidates who passed their graduation after the notifications came and those missed the opportunities for the posts of clerical, PO/MT, SO are already started the preparation actively for the IBPS recruitment 2015-16. According to the information from IBPS officials tells that there will be more than 50,000 vacancies in the year 2014 for the posts of clerk and officer and it will be filled based on the CWE score and interview. In addition to that Regional Rural Banks (RRB) also conducts their recruitment process based on IBPS CWE score.

Since IBPS does not announce the Notification dates earlier, it will make some difficulties for the candidates who are preparing for the CWE of Clerk, PO/MT and Specialist Officer and also for the RRB recruitment. We are here to let you know the expected exam dates of all the upcoming IBPS recruitment for the year 2015 like the order of how IBPS conducted the previous recruitment process. We are sorted out the notification dates based on the posts such as Probationary Officer/Management Trainee, RRBs ,Clerical and also the Specialist Officer recruitment. We have detailed it below.

IBPS Clerk Recruitment 2015

IBPS conducts recruitment for the posts of clerk in various public sector banks on the basis of vacancies in different states and UTs. That means candidates can apply for clerical posts in any one of the states or UTs only. So that the CWE center will be in the chosen state or UT. In some cases there may be some different centers from what candidate has applied.

IBPS-Clerical-CWE-2014-15 Last time, the online registrations of IBPS clerical recruitment started in the month of August and it lasted almost 3 weeks.So, we are expecting that IBPS will start the online registrations of Clerical recruitment 2015-16 in the month of August or September. 

IBPS PO/MT 2014 Exam Details

SBI announced the Notification dates and Exam pattern. it will make useful for the IBPS candidates who are preparing for the CWE of Clerk and PO/MT recruitment. We are here to let you know the expected Exam pattern of all the upcoming IBPS recruitment for the year 2015 like the order of how IBPS conducted the new recruitment process. We are sorted out the notification dates based on the posts such as Probationary Officer/Management Trainee, RRBs ,Clerical and also the Specialist Officer recruitment.

Format of the Preliminary Exam:

The format of the mains exam:

Main Examination: Main Examination will consist of Objective Tests for 200 marks and . The Objective Tests will be online. 

Objective Test: The Objective Test of 2 hour Duration consists of section with 200 marks as follows

a) Test of Reasoning (High Level) (50 Marks)

b) Test of English(Grammar, Vocabulary, Comprehension etc.) (40 Marks)

c) Test of General Awareness (40 Marks)

d) Test of Quantitative Aptitude (DI, DA, General Maths)(50 Marks)

e) Test of Computer (20 Marks)

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How To Crack IBPS Exam 2015

A IBPS bank Exam, in general, is mostly a front staff in a bank who takes in charge of the customer interface. The placement of the clerks is made at different counters of the banks depending upon the needs of the bank. They may be placed at counters like that of savings, deposit, current deposit, term deposit, retail loans, cash credit, agricultural loans, credit cards, government business, cash receipt or payment etc. So a bank Clerk plays an important role in the bank.

The selection is made through the system of examination. The candidates who meet the eligibility criteria are able to appear in a written examination. This written examination is conduct by the IBPS (Institute of Banking Personnel Selection). 

NEW STRUCTURE OF IBPS CWE V 2015 PO / MT EXAM :

The structure of the Examination which will be conducted in two tier. The questions are objective in nature consisting of four papers.

Expected Pattern of Tier I (1 hr Duration)

English Language 30 Marks

Quantitative Aptitude 35 Marks

Reasoning Ability 35 Marks

Expected Pattern of Tier II (2 hr Duration)

Reasoning Ability 50 Marks

Numerical Aptitude 50 Marks

Computer 20 Marks

English Language 40 Marks

General Awareness 40 Marks

In order to qualify in the written test, the candidate should pass in each of the objective tests separately with required minimum qualifying marks. It is also necessary for the candidate to obtain the prescribed percentage of marks to be eligible for moving to next stage of selection, i.e., Personal Interview. Usually, the pattern of written examination differs from bank to bank. Maximum customer interface in banks occurs at these counters managed by clerical staff.

To successfully compete through this examination, it is necessary for the job seekers to work hard and work smart too. They must be well versed in the subjects which are asked in the examination. They must also solve the previous year question papers with speed and accuracy.

Important Tips

1. Time Management with Speed

In IBPS Bank Exam, the candidate needs to save time and has to be accurate too. Hence, he/she should be able to understand the problems well and should also create short cuts to answer the questions to which they come across. They also need to practice regularly with different sets of papers.

2. General Awareness 

To strengthen your part for General Awareness, you must read the English newspaper daily and also keep yourselves updates with the news and notifications of the banking sector. English news paper can help to improve GK as well as the Grammar section of the IBPS Bank Exam. This will help them enhance their reading, writing and understanding capability too.

3. Final Verdict

Candidates may also take help of coaching centers and other preparatory centers too; but self-study should not be ignored in any case. They must follow a routine and keep a check on their performance and progress regularly. Then only, candidates will be able to pass IBPS Bank Exam easily in first attempt.

4. TIME FOR PREPARATION :

We feel, a candidate should devote atleast 3-4 hours daily, consistently for 2-3 months, to get Good

success in IBPS exams. These 3-4 hours can be any time, evening, morning or afternoon. But If your’e not

able to Spend those hours, at least you have to Spend 2 Hours a Day for 1-2 Months.

IBPS question papers contains sections :

1.Computer Knowledge :

Computer Knowledge is highly Scoring section in IBPS POs and RRB (Regional Rural Banks). All the Questions will be from well known Concepts such as Computer Terminology, Basic Computer

Architecture, Internet, MS-Office, Computer Network, Database, Operating System etc.

2.Quantitative aptitude:

For cracking IBPS exam, students have to make their command on many knowledge areas like

Quantitative Aptitude.

Other topics Arithmetic/Numerical Ability comprises of :

Number systems

Fractions

Ratio and Proportion

Coded Relations

Time and work

Percentage

Profit and Loss

Simple Interest and Compound Interest

Average

Time and distance

Partnership

Bar graph & Pie-chart

Probability

3.English language:

English language section tests your English language ability. You need to read at least one daily English newspaper to improve your knowledge and refer some books for this section also. Mostly all students never give proper time for this Section. But this Section requires maximum attention. Learning one comprehension a day, Learning 20-30 words a day with its synonyms and anonymous would help to score better in this section.

4.General awareness:

General Awareness is one of the Scoring Subject in IBPS Exams. So Aspirants have to concentrate little tricky to score More. Most of the Questions of Banking Awareness comes from recent Banking issues and Economy issues(up to 6-8 Months before date of notification released).

The Major Banking Issues includes

Bank rates

Repo rate,Reverse repo rate

Cash reserve ratio

Marginal Standing Facility

GDP and RBI Related Questions

Budget pertinent Terms

Interim and Main Budget

Indian Economy (Basic Structure)

Agriculture Fact File, Agriculture

Rural Development Reforms

Various Revolutions

Organization Name, Places, Directors and

Established year etc..

Important Acts & Amendments

Banking History (Establish ,nationalization)

BANKING TERMS

Banking related organization

(SIDBI,NABARD,SEBI.. etc establishment,Directors ,important dates)

Persons in News.

Important national and International

celebration days and dates

Poverty & Unemployment Alleviation

Schemes (YOJANA) by government.Major projects, India’s leading sectors &Organizations in World (WTO, Asian Development bank)

Recent and Upcoming Events.

Currency name-Country : One question expected on Currency name –Country name or Symbol…

Literature : Famous books and Authors related info based Questions.

Awards and Honours : up to one year cover all Awards and related info (Literature,Sports,Service and films etc..)

Current Affairs : Cover overall recent issue up to 6-9 months (December 2014 to October 2014)

5. Reasoning Section :

Reasoning section tests your mental aptitude and skills in attempting the questions and your observing power also. This section also judges your decision making ability. It requires just your concentration. You need to make a mind map for each question and ultimately you will reach to your answer. This section is also a scoring one. So, maximum practice is needed to deal with various figure problems and mirror images.

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Daily GK Quiz - 13 December 2014

Q. : 1 The RBI issued final guidelines for payment banks recently. These banks will not be allowed to conduct which of the following?

1) Take deposits

2) Lend money

3) Distribute financial products such as insurance and mutual funds

4) Offer remittances up to a small limit (Rs 1 lakh currently)

5) Issue debit cards

Q. : 2 The payment banks, as per the guidelines of the RBI, cannot accept which of the following?

1) Current account deposits from individuals

2) Savings bank deposits from individuals, small businesses and other entities

3) Non-resident Indian deposits

4) All the above

5) Only 1) and 2)

Q. : 3 Which of the following requirements is/are NOT correct with respect to small banks as per the final guidelines issued by the RBI?

1) Foreign shareholding – 74 per cent

2) Priority sector lending – 40 per cent

3) Cash Reserve Ration – 4 per cent

4) Statutory Liquidity Ration – 22 per cent

5) None of these

Q. : 4 The QIP is considered as one of the most-favoured fund-raising instruments for the industry. What does QIP stands for?

1) Qualified Institutional Placement

2) Qualitative Institutional Placement

3) Quantitative Institutional Placement

4) Qualified Industrial Placement

5) None of these

Q. : 5 Madan Mitra, who has been arrested by the CBI in connection with the Saradha scam, is the current Transport Minister of

1) Odisha

2) Assam

3) West Bengal

4) Sikkim

5) Jharkhand

Q. : 6 The Lok Sabha passed the Coal Mines (Special Provisions) Bill recently. Which of the following is NOT a highlights of the Bill?

1) The Bill opens sector for commercial mining.

2) It will also set the stage for re-allocation of 204 cancelled coal blocks through a transparent e-auction process.

3) In first phase, 42 producing and 32 about-to-produce mines will be put up for bidding for end use in power, steel & cement sectors.

4) The Govt hopes to conclude e-auction process by Mar 11.

5) None of these

Q. : 7 A few states have achieved the target of complete financial inclusion under the scheme Pradhan Mantri Jan Dhan Yojana. Which of the following is NOT among them?

1) Madhya Pradesh

2) Kerala

3) Goa

4) Telangana

5) Other than those given as options

Answers:

1. (2) Lend money
2. (5) Only 1) and 2)
3. (2) Priority sector lending – 40 per cent
4. (1) Qualified Institutional Placement
5. (3) West Bengal
6. (5) None of these
7. (4) Telangana

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Professional Knowledge IT Quiz II For IBPS SO 2014

Q. : 1 Using computers and specialized peripherals to simulate an artificial environment is commonly referred to as

1) alternative reality

2) cyber reality

3) programmed reality

4) virtual reality

5) None of these

Answer:- 4 : virtual reality

Q. : 2 The field of computer science that attempts to develop computer systems to mimic or simulate human senses, thought processes, and actions is

1) artificial intelligence

2) cyber intelligence

3) structured intelligence

4) data intelligence

5) None of these

Answer:- 1 : artificial intelligence

Q. : 3 An image that is composed of a collection of geometrical objects such as lines, rectangles and ovals is called

1) bitmap image

2) vector image

3) morph image

4) line image

5) None of these

Answer:- 2 : vector image

Q. : 4 A category of software that enables the user to develop a Web site in a desktop publishing format.

1) website conceptualisation

2) web graphic design

3) web editing

4) web authoring

5) None of these

Answer:- 4 : web authoring

Q. : 5 The integration of all kinds of media such as audio, video, voice, graphics and text into one coherent presentation combined is called

1) presentation

2) multimedia

3) hypertext

4) browsing

5) None of these

Answer:- 2 : multimedia

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Types Of Cheques

1. Order Cheque : A cheque which is payable to a particular person or his order is called an order cheque.
2. Bearer Cheque : A cheque which is payable to a person whosoever bears, is called bearer cheque.
3. Blank Cheque : A cheque on which the drawer puts his signature and leaves all other columns blank is called a blank cheque.
4. Stale Cheque : The cheque which is more than three months old is a stale cheque.
5. Multilated Cheque : If a cheque is torn into two or more pieces, it is termed as mutilated cheque.
6. Post Dated Cheque : If a cheque bears a date later than the date of issue, it is termed as post dated cheque.
7. Open Cheque : A cheque which has not been crossed is called an open cheque. Even if a cheque is crossed and subsequently the drawer has cancelled the crossing at the request of the payee and af?xes his full signature with the words “crossing cancelled pay cash”, it becomes an open cheque.
8. Crossed Cheque : A cheque which carries too parallel transverse lines across the face of the cheque with or without the words “I and co”, is said to be crossed.
9. Gift Cheques : Gift cheques are used for offering presentations on occasions like birthday, weddings and such other situations. It is available in various denominations.
10. Traveller’s Cheques : It is an instrument issued by a bank for remittance of money from one place to another.

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IBPS Clerk - IV 2014 - Call Letter Download

IBPS activated the download link of IBPS Clerk Online Exam 2014 call letters. You are required to fill on your Registration Number and Date of Birth or Password.




Click here to Download the Admit Card.

All the best guys ! ! !

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Banking Abbreviation for IBPS Clerk 2014

Dear Reader, We are providing some important list of banking abbreviation which are asked in SBI PO, IBPS PO, IBPS RRB and SBI Associate PO and may ask in up coming exam like IBPS Clerk 2014. So prepare all following given abbreviation.

1. MICR- Magnetic Ink Character Recognition.
2. RTGS - Real Time Gross Settlement.
3. NEFT :- National Electronic Fund Transfer.
4. PIN-- Personal Identification Number.
5. RBI- Reserve Bank of India.
6. CRR - Cash Reserve Ratio.
7. SLR - Statutory Liquidity Ratio.
8. FD- Fixed Deposit.
9. SHG - Self Help Group.
10. HUF - Hindu Undivided Family.
11. MIS- Management Information System.
12. SME- Small And Medium Enterprises.
13. KYC - Know Your Customer.
14. NSDL - National Securities Depositories Limited.
15. ICICI - Industrial Credit And Investment Corporation.
16. IDBI- Industrial Development Bank of India.
17. GDP- Gross Domestic Product GNP- Gross National Product.
18. WPI- Whole Sale Price Index.
19. KCC- Kisan Credit Card.
20. NPA- Non Performing Assets.
21. RD- Recurring Deposit.
22. TDR- Term Deposit Rate.
23. ATM- Automated Teller Machine.
24. STR - Suspicious Transaction Report.
25. CTR - Cash Transaction Report.
26. VAt- Value Added Tax.
27. SEBI- Securities and Exchange Board of India.
28. NPS- New Pension Scheme.
29. MBS- Mortgage Backed Securities.
30. FBT- Fringe Benefit Tax.
31. FDI - Foreign Direct Investment.
32. VVR - Voucher Verification Report.
33. CBS- Core Banking Solution.

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Reasoning Quiz For IBPS Clerk IV (2014)

Directions (Q. 1-5): Study the following information carefully to answer the questions given below. Following are the conditions for selecting Chief Manager in an organisation:

The candidate must

(i)  be a graduate in any discipline with at least 60 per cent marks.

(ii)  have secured at least 55% marks in the interview.

(iii) be at least 28 years and not more than 40 years as on 01.03.2014.

(iv) be a postgraduate degree/diploma holder in Marketing/Sales Management.

(v) have post-qualification work experience of at least five years in sales of any organisation.

In the case of a candidate who satisfies all the conditions except

(a) (ii) above, but has secured more than 70% marks in graduation, the case is to be referred to GM-Sales.

(b) (v)  above, but  h as post-qualification  work experience of at least three years as Manager Sales.

 in an organisation, the case is to be referred to President 

In each question below, details of one candidate are provided. You have to take one of the following courses of action based on the information and the conditions and sub- conditions given above and mark the number of that course of action as the answer. You are not to assume anything other than the information provided in each case. All these cases are given to you as on 01.03.2014. Give answer

1) if the candidate is to be selected.

2) if the candidate is not to be selected.

3) if the data provided are inadequate to take a decision.

4) if the case is to be referred to GM-Sales.

5) if the case is to be referred to President.

1.  Payal was born on 25th March 1978. She has secured 62% marks in graduation and 58% marks in the interview. She has been working for the past six years as Manager Sales in an organisation after completing her Postgraduate Diploma in Sales Management.

2.  Chandan Pal has secured 61% marks in graduation and 56% marks in the interview. He has been working in the marketing division of a company for the past seven years after completing his Postgraduate Diploma with 50% marks.

3.  Seema Kumari was born on 13th April 1983. She has secured 50% marks in the interview and 72% marks in graduation. She has been working in the sales division of an  organisation for the past five year s after completing  her  Postgraduate degree in  Sales Management.

4.  Pranav Sharma was born on 17th May 1975. He has been working in the sales division of an organisation for the past ten years after completing his Postgraduate degree in Sales Management with 50% marks. He has secured 68% marks in graduation and 51% marks in the interview.

5.  Vinod Malhotra was born on 5th March 1979. He has been working as manager in the sales division of a company for the past three years after completing his Postgraduate Diploma in Marketing Management in 2010. He has secured 65% marks in graduation and 56% in the interview.

Directions (Q. 6-10): In each question below is given a group of letters followed by four combinations of digits/ symbols numbered (1), (2), (3) and (4). 

You have to find out which of the combinations correctly represents the group of letters based on the following coding system and mark the number of that combination as the answer. If none of the four combinations correctly represents the group of letters, mark 5), ie ‘None of these’, as the answer.

Conditions:

1) If the first letter is a consonant and the last letter is a vowel, their codes are to be interchanged.

2) If both the first and the last letters are consonants both are to be coded as the code for the first letter.

3) If both the first and the last letters are vowels, both are to be coded as the code for the last letter.

6.  JTIHAD

1) 5@9%75 2) 5@9%73 3) 3@9%75

4) 59@%75 5) None of these

7.  PUMKRE

1) A6©$21 2) 16©$2A 3) 16©$21

4) A©6$2A 5) None of these

8.  APHWME

1) 7A%4©1 2) 1A%4©A 3) $4%4©$

4) 1A%4©1 5) None of these

9.  TWUIPD

1) @469A3 2) @649A@ 3) @469A@

4) 3@469A 5) None of these

10.  AWIUMH

1) 7496©% 2) %7496© 3) ©7496©

4) %496©7 5) None of these

Answer :-

Candidate (i) (ii)/(a) (iii) (iv) (v)/(b) Payal Ö Ö Ö Ö Ö Chandan Ö Ö – Ö Ö Seema Ö (Ö) Ö Ö Ö Pranav Ö × Ö Ö Ö Vinod Ö Ö Ö Ö (Ö)

1. 1   2. 3   3. 4   4. 2 5. 5

6. 1; Condition 2) applies

7. 2; Condition 1) applies

8. 4; Condition 3) applies

9. 3; Condition 2) applies

10. 1;   

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General Awareness Quiz for IBPS Clerk 2014 (IV)

1. The state govts have been given three months to implement the Food Security Act. The deadline for implementing the National Food Security Act was on_______ .

1) Jul 1 2) Jul 4 3) Jul 14

4) Jul 31 5) None of these

2. Wh o amon g  th e followi n g  h as been  for ma lly appointed the first chairman of the ICC after its 52- member council approved a controversial revamp of the body’s administrative structure recently?

1) Shashank Manohar 2) Jagmohan Dalmiya

3) Sunil Gavaskar 4) N Srinivasan

5) None of these

3. According to a study on world insurance in 2013 by the Global re-insur er  Swiss Re, India stood at_position in the world in terms of premium volume.

1) 20th   2) 18th   3) 16th   4) 15th   5) None of these

4. Who among the following won IBSF 6-Red World Snooker title in Egypt recently and created history by becoming the first player in the world to win world titles in the long and shorter formats of both billiards and snooker?

1) Kacper Flilpiak 2) Pankaj Advani

3) Shaun Murphy 4) Aditya Mehta

5) None of these

5. The international forum to discuss and implement supervisory norms for banks across the globe is

1) WEF

2) IDA

3) Public Accounts Committee

4) Basel Committee

5) None of these

6. The trend of non-cash transactions is picking up pace day by day. Which of the following is NOT a product aimed at facilitating non-cash transactions?

1) Cheque 2) Credit card 3) Gift vouchers

4) Travel card 5) None of these

7. The Great Himalayan National Park Conservation Area has been approved for inscription on the UNESCO World Heritage list recently. It is located in

1) Kullu, Himachal Pradesh

2) Shimla, Himachal Pradesh

3) Samba, Jammu and Kashmir

4) Garhwal, Uttarakhand

5) None of these

8. Sheryl Sandberg, who visited India recently, is present Chief Operating Officer of which of the following social media firms?

1) Twitter 2) LinkedIn 3) Yahoo

4) Facebook 5) None of these

9. The World Refugee Day is observed across the globe on which of the following dates?

1) Jun 14 2) Jun 16 3) Jun 18

4) Jun 20 5) None of these

10. The Prime Minister Narendra Modi inaugurated the 240-Megawatt Uri-II Hydro Electric Project (HEP) located in which of the following states recently?

1) Uttarakhand 2) Himachal Pradesh

3) Jammu & Kashmir 4) Gujarat

5) None of these

11. What effect is seen on the credit creation capacity of the market when the RBI lowers the cash reserve ratio (CRR)?

1) It decreases

2) It increases

3) First increases then decreases

4) Remains unaffected

5) None of these

12. Which of the following regulates housing finance companies in India?

1) Reserve Bank of India 2) IRDA

3) National Housing Bank  4) State govts

5) SEBI

13. Which of the following countries has adopted a comprehensive anti-terror law recently, giving security forces unbridled powers, including shoot-at-sight suspects? It will remain in force for two years.

1) Afghanistan 2) Pakistan 3) Iraq

4) Syria 5) None of these

14. Who among the following has topped the Forbes list of the world’s 100 most powerful women released recently?

1) Dilma Rousseff 2) Melinda Gates

3) Janet Yellen 4) Angela Merkel

5) None of these

15. Reuven Rivlin has been elected tenth President of which of the following countries recently?

1) Canada

2) Israel

3) Spain

4) Sweden 5) None of these

Answer :-

Q. 1 (2)	Q. 2 (4)	Q. 3 (4)	Q. 4 (2)	Q. 5 (4)
Q. 6 (5)	Q. 7 (1)	Q. 8 (4)	Q. 9 (4)	Q. 10 (3)
Q. 11 (2)	Q. 12 (3)	Q. 13 (2)	Q. 14 (4)	Q. 15 (2)

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