Institute of Banking Personnel Selection (IBPS) conducts the IBPS clerk exam annually. This year the exam is scheduled for 28th August, 3rd and 4th September. Aspiring candidates must prepare for this exam with hard work and dedication as the exam is highly competitive. Chalk plan and strategies to your need to crack the exam. The IBPS is highly competitive in nature, with a selection proportion of one out of a thousand candidates. The CWE (Common Written Exam) is conducted by IBPS, an autonomous body for the recruitment of various posts for different banks. The exam is taken to assess the skill, academic, practical knowledge and general awareness.
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Duration and application fee
The participating banks for the IBPS clerk exam are eleven. The number of vacancies for the post of the clerk is 7858; the mode of application and exam is online. The exam is conducted in two phases, prelim and main, followed by document verification. The candidate must graduate in any stream from a recognized university within the age limit of twenty to twenty-eight years.
The application fee for the exam for candidates under General is INR 850; the amount is relaxed to INR 175 for candidates falling under SC/ST/PWD and ex-servicemen. To get selected, you need to crack both phases of the exam; prelim and main. The duration of the exam is sixty minutes.
Three papers
The prelim paper consists of three papers; English, quantitative and reasoning ability. The English paper consists of thirty questions with a maximum mark of thirty; the quantitative and reasoning segment comes with thirty-five questions, each with a total mark of thirty-five marks for each segment.
Twenty minutes is allotted to each paper duration of the prelim exam is an hour. The English language tests your basic grammar, comprehension and vocabulary. Read newspapers and books to augment your vocabulary and grammar, and appear in mock tests. The numerical ability test is the most challenging one as it involves number series, data interpretation and other factors. But if you practice, you can score a lot from it. If you have acumen in logic, you can score highly in reasoning papers.
Citizen of India, Bhutan or Nepal
Candidate must be a citizen of India, Bhutan and Nepal or a refugee from Tibet exodus before 1st January with the intention of permanent residency. Person of Indian Origin (PIO) who migrated from Sri Lanka, Pakistan, Vietnam and Burma or from East African countries can appear for the exam but with a valid certificate of eligibility issued by the Government of India.
The candidate must possess a bachelor`s degree from a recognized university along with an authentic mark sheet or certificate to prove his/her academic qualification. The candidate must be proficient in speaking and writing the local language of the state or Union Territory.
Basic Pay
The eleven participating banks in the IBPS clerk exam are as follows; Bank of Baroda, Indian Overseas Bank, Canara Bank, UCO Bank, Central Bank of India, Bank of India, Punjab National Bank, Bank of Maharashtra, Union Bank of India, Indian Bank, and Punjab and Sind Bank. Provisionally selected candidates are entitled to basic pay from the relevant bank. The basic salary at the initial stage is INR 11765-655/3, with INR 655 increment for the following three years.
