SBI Clerk Mains Archives - ixambee Bringing the latest exam news to you. Wed, 26 Jun 2024 11:51:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 Test Yourself: English Language Questions-Reading Comprehension (Moderate to Difficult) for SBI PO, IBPS PO, and SEBI Grade A https://www.ixambee.com/blog/test-yourself-english-language-questions-reading-comprehension-moderate-to-difficult-for-sbi-po-ibps-po-and-sebi-grade-a https://www.ixambee.com/blog/test-yourself-english-language-questions-reading-comprehension-moderate-to-difficult-for-sbi-po-ibps-po-and-sebi-grade-a#respond Thu, 20 Jun 2024 07:15:39 +0000 https://www.ixambee.com/blog/?p=3885 English Passage Reading and Comprehension in Bank exams In the English language section of bank exams, solving passage reading comprehension surpasses simple question-answering; it entails understanding the text, conducting critical analysis, and extracting essential information. Passages often cover diverse topics such as Economics, Finance, Current Affairs, and more. Answering these questions reflects a candidate’s general […]

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English Passage Reading and Comprehension in Bank exams

In the English language section of bank exams, solving passage reading comprehension surpasses simple question-answering; it entails understanding the text, conducting critical analysis, and extracting essential information. Passages often cover diverse topics such as Economics, Finance, Current Affairs, and more. Answering these questions reflects a candidate’s general awareness and knowledge about various subjects relevant to banking. Answering comprehension questions often involves analyzing and interpreting information from the given passages. Banks seek candidates with strong analytical skills to make sound decisions. Reading comprehension tests the candidate’s ability to understand and communicate ideas effectively. These questions assess the ability to make logical inferences based on given information.

So, we can say that, English Reading Comprehension questions in bank exams serve as a comprehensive way to evaluate a candidate’s language skills, critical thinking abilities, and suitability for roles that demand effective communication and analytical skill within the banking sector.

English Comprehension for SBI PO, IBPS PO and SEBI Grade A

In today’s article, I have provided 1 set (5 questions) of moderate to difficult level of Reading Comprehension questions which is expected to be solved in 5 to 10 minutes. These questions will be helpful in the upcoming examinations of SBI PO, SEBI Grade A, and IBPS PO exams.

Reading comprehension is one of the scoring topics in the English language section. You can easily find at least 8 to 10 questions in the Prelims as well as Mains of any banking or competitive examinations. Practice is the only way to conquer this topic. Answers with detailed solutions have been provided at the end of the questions. Let’s look at the paragraph below:

Passage

You can seek investment advice from both banks and individual wealth managers. Banks, however, have historically proven to be highly controversial as wealth managers. (3) A sales culture (i) driven by profit maximization and commissions has often come at the (ii) products of clients. Most of the large banks have been (iii) seen to patronize the (iv) expense of their subsidiaries (asset management companies and insurance companies). However, banks are ideally placed to cater to the all-round needs of a client. (4) On the one hand, Wealth managers today need to look at all the aspects of a customer’s (i) investment well-being and not restrict themselves to a particular (ii) financial or insurance offering. With a (iii) significant shift in the (iv) regulatory landscape and risk-return matrix, some practices have become must-have for wealth managers. These include an established framework of sound processes for understanding the risk preferences of clients and doing the due diligence in choosing products, particularly when the products are from the group entities of the distributor. Wealth managers must also ensure focus on balanced performance metrics (non-revenue centric) for their relationship managers, safeguarding fair client outcomes.(5) Established banks are, however, ideally (i) unique to deliver the above outcomes, especially given the significant (ii) focus on compliance and reputation, and the scale and (iii) stability they provide. Also, given the (iv) placed 360-degree view they have of the client, banks are able to tailor multiple solutions to meet clients’ needs fully.

1. What is the theme of the passage?
  1. Banks have a dicey approach while approaching clients for investments as they focus only on profit.
  2. Banks and Wealth Mangers meet needs of investors in different ways, with banks outperforming wealth managers.
  3. Wealth managers have a dire need of introducing certain “best practices” of the industry
  4. Non-revenue centric metrics are going to be the deciding factor between Banks and wealth managers
  5. None of these
2. What is the tone of the passage?
  1. Analytical
  2. Critical
  3. One-sided
  4. Indignant
  5. Dissatisfied
3. Against the sentences indicated as (3), in the passage, there are four words marked (i), (ii), (iii), (iv). One pair of these words needs to be interchanged to impart the correct meaning. Choose the option that conveys the replacement of words. If the words are already in the right places, choose option (e).
  1. (i)-(ii)
  2. (ii)-(iii)
  3. (ii)-(iv)
  4.  (i)-(iv)
  5. None of these
4. Against the sentences indicated as (4), in the passage, there are four words marked (i), (ii), (iii), (iv). One pair of these words needs to be interchanged to impart the correct meaning. Choose the option that conveys the replacement of words. If the words are already in the right places, choose option (e).
  1. (i)-(iii)
  2. (i)-(ii)
  3. (iii)-(iv)
  4.  (ii)-(iv)
  5. None of these
5. Against the sentences indicated as (5), in the passage, there are four words marked (i), (ii), (iii), (iv). One pair of these words needs to be interchanged to impart the correct meaning. Choose the option that conveys the replacement of words. If the words are already in the right places, choose option (e).
  1. (i)-(iii)
  2. (i)-(ii)
  3. (iii)-(iv)
  4.  (i)-(iv)
  5. None of these

Answers:

Ans 1. (2)

When we talk of the theme, we need to see what is the underlying message of the author. What is that one sentence which will summarize the entire passage. Option (b) summarizes the entire passage as the passage talks of both, banks and wealth managers. In the last para, it indicates that banks are positioned to meet the objectives that wealth managers need to achieve.

Ans 2. (3)

The best way to know about the tone of the passage is to understand what the author wants you to feel when you read the passage. The entire passage takes the side of banks. The 1st para introduces the problem, the 2nd problem informs the various aspects that wealth managers need to do and the 3rd para again supports the banks. Hence, the passage takes the  side of banks.

Ans 3. (3)

For the word marked (iv), “patronize the expense” is incorrect as “patronize” means “to put down” and one cannot “put down” an expense. The best position for “expense” is at (ii) as we talk about “expense of clients” and the other phrase will be “products of the subsidiaries”. Hence, (ii) and (iv) need to be replaced with each other.

Ans 4. (2)

to look at all the aspects of a customer’s (i) investment well-being and not restrict themselves to a particular (ii) financial or insurance offering. For the word marked (i), “customer’s investment well-being” doesn’t make sense as “investment well being” is incorrect. The best replacement is at (ii) after which we will have “customer’s financial well being” and “particular investment or insurance offering”. Hence, (i) and (ii) need to be replaced with each other.

Ans 5. (4)

In (iv), “given the placed 360-degree view” is incorrect as the word “placed” is replacing “360-degree view”. The best replacement is at (i) after which we will have “are, however, ideally placed to deliver” and “Also, given the unique 360-degree view”. Hence, (i) and (iv) need to be replaced with each other.

Smart tips and methods for solving English Reading Comprehension Questions

Here are some tips and methods to effectively tackle English language Reading Comprehension questions in bank exams:

1. Skim the passage: Begin by quickly reading through the passage to grasp the main idea and structure. Pay attention to topic sentences, headings, and the conclusion to understand the flow of the text.

2. Identify keywords: While reading, underline or mentally note down important keywords, phrases, and ideas. This helps in retaining crucial information and answering questions more accurately.

3. Focus on the questions: Read the questions before delving deep into the passage. This gives you an idea of what information to look for while reading, saving time and guiding your focus.

4. Analyze question types: Comprehension questions can vary – from factual ones to those requiring inference or deduction. Identify the type of question being asked to approach it accordingly.

5. Refer back to the text: For every answer, refer back to the passage. Even if you think you know the answer, confirm it by finding the relevant section in the passage.

6. Practice regularly: Regular practice of reading comprehension passages is essential. It enhances your speed, comprehension skills, and familiarity with various types of texts.

7. Improve vocabulary: A good vocabulary helps in understanding complex texts. Work on building your vocabulary through consistent reading and learning new words.

8. Avoid assumptions: Base your answers solely on the information provided in the passage. Avoid making assumptions or bringing in external knowledge.

9. Eliminate incorrect options: If you’re unsure about an answer, eliminate obviously incorrect options to increase your chances of selecting the right one.

Remember, practice and familiarity with various types of passages are key to improving your reading comprehension skills for bank exams. You can also attempt Free Full-length Mock Tests for various examinations like SSC, IBPS RRB, UPSC, RBI Grade B, SEBI, NABARD, and more.

Conclusion

Reading comprehension might seem daunting at first, but with consistent practice and the right approach, you can navigate even the most challenging passages. Remember, these exams assess your ability to not just read, but to truly understand and analyze written information.

ixamBee provides you the required study resources to excel in the English language reading comprehension section for all the major bank exams like the SBI PO, IBPS PO, SEBI Grade A and more. Utilize our Practice Reading Comprehension Questions and Answers and Reading Comprehension Solved Example PDF to unlock your full potential in English Reading Comprehension for any upcoming competitive exams. Wish you Good Luck!

To help you prepare 50% faster for competitive exams, ixamBee provides a free Mock Test Series and all the Current Affairs in English and Current Affairs in Hindi in the BeePedia capsules for GA Preparation. You can also get the latest updates for Bank PO, Bank Clerk, SSC, RBI Grade B, NABARD, and Other Government Jobs. 

Also Read

Test Yourself: Computer Knowledge Questions (Mixed) for RBI Assistant, IBPS PO, and SBI PO

English Preparation Tips for Bank Exams: Part 1

The Best English Preparation Tips for IBPS AFO & NABARD

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Best SBI Clerk Books for Prelims And Mains 2023 https://www.ixambee.com/blog/best-sbi-clerk-books https://www.ixambee.com/blog/best-sbi-clerk-books#respond Sat, 18 Nov 2023 12:54:30 +0000 https://www.ixambee.com/blog/?p=2674 The State Bank of India (SBI) stands as one of India’s most expansive and influential financial institutions, boasting an extensive network of branches both nationally and internationally. This banking powerhouse offers exceptional career opportunities for eligible graduates nationwide, providing a pathway toward a promising and secure future. SBI consistently announces recruitment notifications for aspiring individuals, […]

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The State Bank of India (SBI) stands as one of India’s most expansive and influential financial institutions, boasting an extensive network of branches both nationally and internationally. This banking powerhouse offers exceptional career opportunities for eligible graduates nationwide, providing a pathway toward a promising and secure future. SBI consistently announces recruitment notifications for aspiring individuals, inviting applications for positions such as Probationary Officers and Junior Associates/Clerks. In the dynamic landscape of banking careers, SBI remains a trailblazer, creating opportunities for emerging talents to contribute to the growth of the financial sector.

With the SBI Clerk recruitment 2023 notification released recently, prospective candidates eager to embark on a fulfilling professional journey with the esteemed State Bank of India must thoroughly review the SBI Clerk notification 2023, which advertises a significant 8773 vacancies. This presents a remarkable chance to step into a rewarding career path with SBI. Being one of the largest banks in the Indian banking sector, SBI attracts considerable attention from job seekers, regardless of the specific role they desire.

The SBI Clerk exam – Prelims, is tentatively to be held in January 2024 and Mains in February 2024. So, you must start with your SBI Clerk 2023 exam preparation right away. With only a very few weeks left for the exam, candidates must arrange notes and books for the exam.

Before commencing preparation for any competitive exam, it is advisable to gather all necessary materials such as reference books, study notes or course materials, create a structured study plan based on a timeline, and cultivate a positive mindset to stay focused on the right track throughout the exam preparation journey. Persistence is key; it is crucial not to give up, even during challenging or monotonous phases. Find comprehensive details on top-notch books recommended for banking exam preparation within this section for your SBI Clerk exam preparation.

Initially, let’s explore the subjects covered in the SBI Clerk Prelims exam. These subjects include:

English, Reasoning and Quantitative Aptitude. The SBI Clerk 2023 exam pattern is as follows:

SBI Clerk 2023 Prelims Exam

SL.Name of the TestNo. Of QuestionsMarksDuration
1.English Language303020 Minutes
2.Numerical Ability353520 Minutes
3.Reasoning Ability353520 Minutes

Total1001001 Hour

For the SBI Clerk Mains exam, two more subjects will be asked along with the subjects that are asked in the prelims exam i.e. General Awareness and Computer aptitude. The Mains exam patten is as follows:

SBI Clerk 2023 Mains Exam

SL. No. Name of the Test No. Of Questions Marks Duration
1. General/Financial Awareness 50 50 35 Minutes
2. General English 40 40 35 Minutes
3. Quantitative Aptitude 50 50 45 Minutes
3. Reasoning Ability & Computer Aptitude 50 60 45 Minutes
Total 190 200 2 Hour 40 Minutes

While the exam consists of a total of five subjects, one should not waste their time reading from the sources that are not so helpful for the exam. To assist candidates with the exam, we have listed down some books which can be helpful for the exam. The list is as follows:

List of Best SBI Clerk Books

Here, we’ve curated a list of best and time-tested bank preparation books meticulously chosen to effectively aid your SBI Clerk exam readiness. Let’s now explore these subject-specific bank exam preparation books. SBI clerk books for Prelims and SBI Clerk books for Mains are the same, the difference lies in the level of the exam. Below is the list of SBI Clerk books which will be helpful in the exam.

Best Books for English Preparation

English can be a challenging subject, particularly for students from vernacular medium schools where the medium of education will be local or native language. However, there’s no cause for concern when preparing for competitive exams. The assessment level is fundamental, and we’ve recommended the finest book for banking preparation to assist you in effortlessly mastering this section. Below, you’ll find a compilation of the best books for English language preparation for bank exams like SBI Clerk. These resources are highly recommended for your study and reference purposes.

  • Word Power Made Easy by Norman Lewis
  • Objective General English 2nd Edition by S.P. Bakshi
  • Teach Yourself English Language & Comprehension by Meenakshi Upadhayay
  • Objective General English by R.S. Aggarwal
  • Objective General English By S.Chand
  • Word Power Made Easy by Penguin
  • Topic-wise Solved Papers for IBPS/SBI Bank PO/Clerk Prelim & Main Exam by Disha Experts
  • Descriptive English (For All Competitive Examinations) by S.J. Thakur and S.K. Rout

Best Books for Reasoning Preparation

The segment dedicated to reasoning within competitive exams is occasionally referred to as the “Reasoning and Analytical Ability” section. This part of the examination assesses candidates’ logical thinking, problem-solving skills, and the ability to analyze and comprehend data or patterns. You can find a list of all bank exam book names that will help you prepare for this section in SBI Clerk exam.

  • Analytical Reasoning by M.K. Pandey
  • A Modern Approach to Verbal & Non-Verbal Reasoning by R.S. Aggarwal
  • How to Crack Test of Reasoning by Jaikishan
  • Test of Reasoning by Edgar Thorpe
  • Verbal & Non-Verbal Reasoning by S. Chand
  • Verbal & Non-Verbal Reasoning by Arihant Publication
  • Bank Clerk Reasoning Chapter-wise Solved Papers by Kiran Publication

Best Books for Quantitative Aptitude Preparation

The Quantitative Aptitude/Numerical Ability section aims to test candidates’ proficiency in mathematical calculations, problem-solving abilities, speed, and accuracy in tackling numerical questions. Strong mathematical skills and practice in these areas are crucial for performing well in this section of bank exams.

  • Quicker Mathematics by PSC Publication
  • Practice Book on Quicker Maths 2nd Edition by M.Tyra & K.Kundan
  • Quantitative Aptitude Test by S. Chand
  • Quantitative Aptitude for Competitive Examinations 17th Edition by R.S. Aggarwal
  • Topic-wise Solved Papers for IBPS/SBI Bank PO/Clerk Prelims & Mains- Quantitative Aptitude by Disha Experts
  • Fast Track Objective Arithmetic by Arihant Publication

Best Books for GA Preparation

To excel in the GA section of bank exams, candidates should regularly read newspapers, magazines, and stay updated with current events. Additionally, revising static GK topics such as history, geography, science, and important dates can contribute to a well-rounded preparation for the General Awareness section. Here are some good sources for General Awareness section in SBI Clerk exam.

  • Pratiyogita Darpan by Upkar Prakashan
  • Manorama Year Book by The Malayala Manorama Publications
  • Lucent’s General Knowledge by Lucent Publications
  • Banking Awareness by Arihant Publications
  • Banking Awareness for SBI/IBPS Bank Clerk/PO/RRB/RBI Exams by Disha Experts
  • Objective Banking & Financial Awareness by Dhankar

Also, make sure to explore ixamBee’s BeePedia capsules to remain updated with the most recent General Awareness details! These capsules are accessible in both English and Hindi and are designed to assist candidates in their exam readiness. To download these informative capsules at absolutely no cost, you can access them through this link or visit our website!

Best Books for Computer Knowledge Preparation

Candidates aiming to excel in this section should focus on understanding basic computer concepts, frequently used terms, and practical applications. Regular practice through mock tests, solving previous years’ question papers, and staying updated with technological advancements can help in scoring well in the Computer Knowledge/Awareness section of bank exams. Here is a fine list of books for Computer awareness for SBI Clerk exam

  • Computer Awareness by N.K. Gupta
  • Computer Knowledge by Shikha Agarwal
  • Computer Awareness by Arihant Experts
  • Objective Question Bank of Computer Awareness for General Competitions by Arihant Experts
  • Kiran Objective Computer Knowledge & Literacy by Pratiyogita Kiran

Study with ixamBee

Free Mock Tests

To evaluate where you stand, it is very important to attempt mock tests so that you can analyze the performance and see which topics/areas need more attention. For this, ixamBee is providing SBI Clerk Free Online mock tests. A complete analysis of the exam will be provided along with detailed solutions.

Online Course

Candidates can also check our Ultimate BeeBanker Online Course. With this course, you can not only prepare for SBI Clerk 2023 exam, but all other Bank PO/Clerk exams in one place. This course will be your one-stop solution, if your dream is to work in the banking sector. You can watch the video attached below for more information-

We wish you the best!

At ixamBee you can find a number of Online CoursesGK updates in the form of BeePedia, as well as latest updates for Bank PO, Bank Clerk, SSC, RBI, NABARD and Other Government Jobs.

Also Read:

Best Preparation Strategy for SBI Clerk Exam 2023-24

Preparing for the SBI Clerk and LIC Assistant Exam 2023

Best books recommended for conquering the Bank Exam Challenge


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SBI Clerk Preparation 2022: Best Tips for Prelims & Mains https://www.ixambee.com/blog/sbi-clerk-preparation-best-tips-for-prelims-mains https://www.ixambee.com/blog/sbi-clerk-preparation-best-tips-for-prelims-mains#respond Wed, 16 Mar 2022 12:52:42 +0000 https://www.ixambee.com/blog/?p=7431 Read here best tips for SBI Clerk 2022 for Prelims & Mains to understand how to prepare for SBI Clerk 2022? SBI Clerk Exam 2022 The SBI Clerk notification 2022 is expected to be out soon. Last year, there were 4915 vacancies so you can expect a similar number of vacancies this year as well. […]

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Read here best tips for SBI Clerk 2022 for Prelims & Mains to understand how to prepare for SBI Clerk 2022?

SBI Clerk Exam 2022

The SBI Clerk notification 2022 is expected to be out soon. Last year, there were 4915 vacancies so you can expect a similar number of vacancies this year as well. While this is a great opportunity, you must also remember that this is a highly competitive exam. Thousands of applicants apply each year. If you want to get ahead in the game, you must begin your SBI Clerk preparation 2022 right away! The SBI Clerk Prelims exam date is expected to be scheduled for July 9, 2022.

In this article, we will learn the best tips for SBI Clerk Preparation 2022 for Prelims & Mains.

SBI Clerk Preparation 2022

How to Prepare for SBI Clerk 2022?

Since this is a highly-competitive exam, we have to make each day count. Also, if you want to beat the competition and make it to the top, your SBI Clerk preparation must be intensive and exhaustive. We hope that when you read the SBI Clerk Preparation 2022 tips, you will also understand their importance and incorporate them into your timetable. These strategy tips have particularly been compiled to ensure your preparation is top-notch.

SBI Clerk Preparation 2022

Irrespective of whether or not you have already begun your preparation, you must go through these tips carefully. If you have already begun, read on and cross-check what you have already been doing. If you come across anything that you have not been doing, then remember, it is better late than never.

  • Make a schedule: It is extremely important that you have a proper plan and that you follow it. If you do not want to plan too much into the future, you can make a 4-week SBI Clerk study plan for now. Divide all your syllabus over the course of the next 4 weeks. After that, you can begin your revision in the days that follow. 2 days. Just make sure that your schedule helps you to maximize the time available each day. 
  • Know the syllabus: In order to make a successful timetable, you must know the details of the SBI Clerk Syllabus 2022. Write down each topic that you plan to cover in your planner. Tick it off once you have completed it.

Also read: SBI Clerk Syllabus 2022: Detailed Prelims and Mains Syllabus With Best Books

  • Identify your strengths & weakness: When you go through the syllabus, you will be able to understand which sections/topics are easy or not for you. Adjust your timetable accordingly to work on them as much as you can so that these gray areas do not handicap your overall performance. Similarly, identify your strengths and then use them to ace this exam. 
  • Previous years’ question papers: Another good way to understand your present preparation is by going through the SBI Clerk previous years’ question papers especially before you begin your preparation. This will not only help you understand the SBI Clerk exam pattern 2022 but also assess the standard of the exam. Moreover, if you review an actual memory-based paper you will gain the exact idea of where you stand at present in your preparation journey.
  • Practice and revise: Ideally, you should practice as you prepare. However, your practicing must become more intense once you complete studying the entire syllabus. Practice Reasoning and Quants more and more so that on the day of the exam, you can solve these questions quickly and correctly.
  • Mock tests: There are numerous benefits of analyzing the previous years’ question papers and mock tests. These mock tests will allow you to get a feel of the actual exam. You will also be able to cognize your question-solving speed. Some free mock tests have been provided below.
    SBI Clerk Prelims Mock Tests
    SBI Clerk Mains Mock Tests
  • BeePedia: You can find all the required study material for the General Awareness section of the paper on ixamBee’s BeePedia page. Here, we provide concise but all-encompassing news updates on all spheres ranging from Sports to Science and International News to Entertainment. These updates are also available in Hindi.

Some Other Tips

  • Do not wait for the SBI Clerk 2022 notification to be out to begin preparing. You will not have enough time to prepare if you begin after the release of the notification.
  • Stay motivated at all times. We can understand that the apprehension around the release of the notification can be bothersome, however, we sincerely urge you to stay motivated at all times.
  • Use the competition to inspire you. As aforementioned, you can expect several thousand aspirants to take this exam. However, you should use this information to inspire you to work hard every day and to ultimately achieve your goal.
  • Start immediately, and remain consistent in your preparation.
  • Seek assistance/ guidance before you begin.

Study with ixamBee

If you want to find all the aforementioned resources in one place with the best learning experience, ixamBee’s SBI Clerk Exclusive Online Course is what you are looking for. Take a look at the features of this course.

We hope the tips we have shared with you will come in handy. For any other questions or queries, you can find all the necessary details about the SBI Clerk 2022 Exam on ixamBee. ixamBee wishes you all the very best! 

At ixamBee you can find free Online Test Series, Mock Test Series, GK updates in the form of Beepedia, as well as latest updates for Bank PO, Bank Clerk, SSC, RBI, NABARD and Other Government Jobs.

Also see

SBI Clerk 2022 Notification Status

English Questions (New Pattern) for SBI Clerk 2022

SBI Clerk Previous Year cut-offs (Prelims)

In-Hand Salary for SBI Clerk

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How To Prepare For Quantitative Aptitude for SBI Clerk 2022? https://www.ixambee.com/blog/how-to-prepare-for-quantitative-aptitude-for-sbi-clerk https://www.ixambee.com/blog/how-to-prepare-for-quantitative-aptitude-for-sbi-clerk#respond Thu, 03 Mar 2022 12:00:29 +0000 https://www.ixambee.com/blog/?p=6261 Every year lakhs of students appear for the SBI Clerk examination. SBI exam is one of the most sought-after exams in the banking sector. State Bank of India is the largest Public Sector Bank and it provides surplus career opportunities. Yet most of the students face difficulty in the Quantitative Aptitude section. Many students have […]

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Every year lakhs of students appear for the SBI Clerk examination. SBI exam is one of the most sought-after exams in the banking sector. State Bank of India is the largest Public Sector Bank and it provides surplus career opportunities. Yet most of the students face difficulty in the Quantitative Aptitude section. Many students have requested us to devise a plan for their SBI Clerk Quantitative Aptitude preparation

With ixamBee, this section too can be a cakewalk for you. In this article, we are focusing on the preparation strategy for the Quantitative Aptitude section for the SBI Clerk exam. Let’s begin with the preparation strategy.

Quantitative Aptitude SBI Clerk 2022

How to Prepare for the SBI Clerk Quantitative Aptitude Section?

Exam Pattern

To begin with your preparation know the exam pattern for both Prelims and Mains. This will help you understand the number of questions asked in this section. Please note, Quantitative Aptitude will be tested both in the Prelims & Mains.

Prelims Pattern for QA SectionMains Pattern for QA Section
No. of questions: 35
Total marks: 35
Total time: 20 minutes
Marks per correct answer:1
Negative Marking for incorrect answer: 0.25
No. of questions: 50
Total marks: 50
Total time: 45 minutes
Marks per correct answer:1
Negative Marking for incorrect answer: 0.25

*No Sectional cutoff from 2019 onwards in SBI Clerk.

Syllabus

Next step in your preparation is to know the areas which you have to study. The table below describes the syllabus for the QA section.

  • Series
  • Data Sufficiency
  • Data Interpretation
  • Whole numbers & Decimals
  • Ratio & Proportion
  • LCM & HCF
  • Percentages
  • Averages
  • Simple and Compound Interest
  • Profit and Loss, Discount
  • Partnerships
  • Pipes and Cisterns
  • Problems on Trains, Boat and Stream
  • Mixture and Alligation
  • Time & Distance/Time & Work
  • Permutation and Combination
  • Probability

Also read the detailed SBI Clerk Syllabus 2022 for all subjects

SBI Clerk Quantitative Aptitude: Topic Wise Preparation Tips

We will discuss in detail the some topics from Quantitative Aptitude from which a greater number of questions is asked every year. We have discussed at length, how you should approach these topics.

The analysis of the SBI Clerk previous year question papers makes it very simple to determine that series questions are a significant part of the quantitative capacity section. For this year’s paper, this is unlikely to change too.

Series Questions

  • A series of numbers is given in such questions. They are all connected.
  • Best of all, the solution to the problem becomes a cakewalk once you identify the pattern.
  • There can be many patterns. namely.,
    • Prime Numbers
    • Squares/ Cubes
    • Patterns in differences
    • Pattern in alternate numbers
    • Geometric series 
    • Odd one out
  • Don’t hurry to solve those problems. Give yourself some time and 100 percent precision.
  • Be careful, you could end up spending 10-15 minutes and still have no answer if you don’t practice such a question. This will cost you not only marks, but also you will end on poorly handling the other parts of the paper.
  • So here’s the mantra, practise and practise. Begin by examining the basic series questions.
  • Solve five series questions per day for the rest of the days. This will increase your pace, increase your exposure to many series combinations and you will also be ready for the most difficult seating arrangement questions by the time you take the examination.

Data Interpretation

  • One of the key sections of the Quantitative Aptitude section is Data Interpretation.
  • If you follow the recent trend of questions, the Quantitative section will certainly have one or more DI questions.
  • Carefully read the questions and consider what is being asked. Do not begin to solve the question and figures as soon as you see them. Read what is being asked, and grasp it. Sometimes a couple of questions will occur that will not require even calculations.
  • Check your option. Some questions will often be relatively easier to resolve than others. Identify and address these problems quickly.
  • Take one question at a time to answer. Do not think about the next or the previous question otherwise you will end up intentionally wasting time and solving the question incorrectly.
  • Take a look at the whole question and move on to the next question if you think it takes longer to solve.

Data Sufficiency

  • Read the statements and don’t assume by seeing the data alone.
  • Don’t solve the problem: Ask yourself if the information in the statements will answer the query. These issues do not require extensive and comprehensive calculations. But if you still do a lot of calculations, surely there is something you are not seeing.
  • Use and merge the first statement with the main statement. If you get an answer, it is enough to respond to the first statement.
  • If the first statement is not enough to find the answer, take individually the second statement and combine it with the main statement. If you can get the answer then it is enough to answer by the second statement alone.

Types of Questions Asked Previously

As aforementioned, by analyzing the SBI Clerk previous year papers, we can understand how many questions are asked from each topic on average every year. Take a look at the table below to learn how many questions you can expect per topic in the SBI Clerk Prelims exam.

TopicTotal No. of Q = 35
Series5Q
Simplification5Q
Quadratic Equation 5Q
DI/Caselet DI 10-15 Q
Arithmetic 10Q-12Q

SBI Clerk Quantitative Aptitude: Important Tips to Follow

  • Practice 1-2 Data Interpretation questions daily.
  • Learn tables up to 20, Squares up to 40, and Cubes up to 20.
  • Learn all calculation tricks, multiplication, addition tricks and such.
  • Simplification, Series & Quadratic Equations: Practice them at a stretch for the next 10 days. They carry 15 marks weightage. The more types of questions you solve from these subjects, the faster you will be able to solve them during your exam.
  • Arithmetic chapters will be a game-changer for you. So practice as many questions as you can from a single topic. You will be asked several questions from Arithmetic Word Problems that are generally easy to solve as long as you practice them enough.
  • You cannot answer any question wrong in such competitions. Be accurate in whatever you are doing in one go.
  • Take 1 or 2 subjects at a time only. Especially if you are approaching a new or subjectively difficult topic, its best to go one step at a time.
  • Give 1 hour a day for preparation for Quantitative Aptitude.
  • Then take every topic for three days and solve as many questions as possible
  • Identify the subjects you are weak in and try them again
  • Mock tests will assist you in a number of ways in your preparation such as developing a timing strategy and solving a variety of questions at a time. Start taking SBI Clerk free mock tests right now!
  • Talk about these topics with experts and resolve your doubts.
  • As aforementioned, practice more and more questions every day.

SBI Clerk Online Course

SBI Clerk exam is a golden opportunity and offers a progressive career path to students and therefore to crack SBI Clerk exam you need proper guidance. Therefore, if you too want to succeed, take help from ixamBee’s SBI Clerk Comprehensive Online Learning Course.

This Online Course has been designed by experts like Ms. Arunima Sinha (Coach for Banking exams for 6 years, Ex-Manager SIDBI, Ex-Bank PO), Mr. Chandraprakash Joshi (ex-RBI GR B, MBA-Finance, Ph.D.) and Mr. Karan Sardana (Coach for Bank, SSC, Insurance, Police MAT, CLAT Exams for 10 years), Prachi Agarwal (MBA (Finance).

Take a look at the features of this course.

Also take a look at the video below to understand when the SBI Clerk 2022 notification will be out!

We wish you the best.

At ixamBee you can find a number of Online CoursesGK updates in the form of BeePedia, as well as latest updates for Bank PO, Bank Clerk, SSC, RBI, NABARD and Other Government Jobs.

Also Read

SBI Clerk Prelims Practice Test: Practice To Perform Your Best

In-Hand Salary for SBI Clerk

SBI Clerk Syllabus 2022: Detailed Prelims and Mains Syllabus With Best Books

SBI Clerk Previous Year cut-offs (Prelims)

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SBI Clerk Recruitment 2021: Admit Cards Out! https://www.ixambee.com/blog/sbi-clerk-notification-out-5237-vacancies-released https://www.ixambee.com/blog/sbi-clerk-notification-out-5237-vacancies-released#respond Wed, 30 Jun 2021 06:57:19 +0000 https://www.ixambee.com/blog/?p=6133 SBI Clerk Recruitment Exam is held every year by the State Bank of India to employ candidates for the position of Junior Associates (Customer Support and Sales). Thousands of people apply to the SBI Clerk exam annually. The SBI Clerk 2021 notification holds great value because the number of vacancies announced is 5237. The SBI […]

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SBI Clerk Recruitment Exam is held every year by the State Bank of India to employ candidates for the position of Junior Associates (Customer Support and Sales). Thousands of people apply to the SBI Clerk exam annually. The SBI Clerk 2021 notification holds great value because the number of vacancies announced is 5237. The SBI Clerk 2021 Notification for Junior Associates (Customer Support and Sales) has been released by the State Bank of India on April 26, 2021.

The number of vacancies significantly says that the exam will not be an easy nut to crack. You will be going to face tremendous competition. To clear the exam you need a rock-solid preparation but before that, you must know what the SBI Clerk notification, released on April 26, 2021, has to offer.

Your selection is based on your performance in the SBI Clerk Phase 1 and Phase 2 examination. You must take a local language test before joining. An overview of the SBI Clerk 2021 notification is given below:


SBI Clerk Recruitment 2021

Name of the Organization

State Bank of India

Name of the Post

Junior Associates (Customer Support and Sales)

Vacancies

5237
Registration StartsApril 27, 2021
Last Date to ApplyMay 17, 2021

SBI Clerk Exam Date 2021 (Preliminary)

June 2021

SBI Clerk Exam Date (Mains)

July 31, 2021

Selection Process

Prelims- Mains

Job Location

Across India

Official Website

sbi.co.in/careers

SBI Clerk 2021: Admit Card

The SBI Clerk 2021 Admit Cards have been made available as of June 29, 2021. The window to download the call letters will remain open till July 13, 2021. Now that the exam is to be held soon, use your time well in this last lap of your preparation.

SBI Clerk 2021: Vacancy

With the announcement of the SBI Junior Associates notification, the  SBI Clerk 2021 vacancies stand at 5237, 5000 vacancies have been announced for regular posts and 237 for Backlog posts. The number of vacancies for SBI JA recruitment 2020 was 8134.

SBI Clerk 2021: Exam Pattern

As per the SBI official notification “No minimum qualifying marks for individual subjects are prescribed.” Thus, there will not be any sectional cut-off for this year’s SBI Junior Associates Recruitment’s Online Examination. However, the final decision concerning the cut-off criteria rests solely with the organization.  

SBI Clerk Exam 2021 will be conducted in two phases, Prelims and Mains. The fact that there will be no interview is the best part of the SBI Clerk Exam. However, candidates must pass the SBI Clerk Prelims and Mains Exams. A sectional timing will be there. SBI JA Exam 2021 questions will all be objective, i.e. multiple-choice questions (MCQs).

SBI Clerk Prelims Exam Pattern

Serial No.SectionNo. of QuestionTotal MarksDuration
1English Language303020 minutes
2Numerical Ability353520 minutes
3Reasoning353520 minutes
Total10010060 minutes

SBI Clerk Mains Exam Pattern

The SBI Clerk mains exam 2021 has four sections: General/ Financial Awareness, General English, Quantitative Aptitude, and Reasoning Ability and Computer Aptitude. There will be a total of 190 questions on the test paper. The exam has a total of 200 marks. The duration of the exam is 2 hours and 40 minutes. Each section has a set of sectional timings.

Name of testNo of QuestionsMarksDuration
General/ Financial Awareness505035 Minutes
General English404035 Minutes
Quantitative Aptitude505045 Minutes
Reasoning Ability & Computer Aptitude506045 Minutes
Total1902002 Hours 40 minutes

SBI Clerk 2021: Exam Final Score Calculation

The final score for the SBI Clerk exam is calculated based on the following important factors:

  • The Preliminary Exam marks will not be factored into the final grade. These are only used to qualify for the Mains Exam.
  • To advance to Phase 2 candidates must first qualify for the Phase 1 exam
  • The final merit list for each category is based on a total of 100 points. Finally, candidates with a high merit rank in each category are chosen.

Language Proficiency Test (LPT): Those who qualify for selection and have a class 10 or 12 marks sheet/certificate demonstrating that they have studied the specified opted local language will not be required to take a language test. Others (qualified for selection) will undergo a specified opted local language test after provisional selection but before joining. Candidates who are not found to be fluent in the chosen local language will be disqualified.

SBI Clerk 2021: Eligibility Criteria

As of April 1, 2021, a candidate must be at least 20 years old but not more than 28 years old to apply for the SBI examination. Aside from that, according to government rules, there is age relaxation for certain categories of candidates:

S.No CategoryUpper Age Limit
1SC/ST33 Years
2OBC31 Years
3A person with Disabilities (General)38 Years
4A person with Disabilities (SC/ST)43 Years
5A person with Disabilities (OBC)41 Years
6Ex-Servicemen/Disabled Ex-ServicemenThe actual period of service rendered in defense services + 3 years8 years for disabled Ex-servicemen belonging to SC/ST subject to a max. age of 50 years
7Widows, Divorced, Women (No Married)GEN –   35 YearsOBC –   38 YearsSC/ST –  40 Years
7 years (subject to the maximum age limit of 35 years for General/EWS, 38 years for OBC & 40 years for SC/ST candidates)

Important Points in Eligibility Criteria

  • OBC applicants belonging to the ‘’Non-creamy layer” are eligible for vacancies reserved for the OBC group. Candidates that fall into the OBC category but are in the ‘’CREAMY LAYER” are not eligible for any of the OBC category’s relaxations or reservations. As appropriate, they should indicate their category as General OR General (LD/ VI/ HI/ d&e).
  • If selected, OBC candidates must submit an OBC certificate in the format prescribed by the Government of India, with the “Non-Creamy Layer” provision, issued between April 1, 2021, and the date of appointment.
  • Reservation benefits under the EWS category can be obtained by presenting an ‘Income and Asset Certificate’ issued by a Competent Authority in the format prescribed by the Government of India for the applicable fiscal year, as per the current DoPT guidelines.
  • Candidates for the EWS should be aware that if they do not have a “Income & Assets Certificate” for the relevant financial year as per the current DoPT guidelines on or before the online application deadline, they should apply under the “General (GEN) category only.”
  • Candidates in the Clerical or Officer cadres of the SBI are not eligible to apply for this venture. Candidates who were previously employed by the State Bank of India and resigned while in the clerical or officer cadre are also ineligible to apply.
  • Candidates who have received a negative report about their character and antecedents, moral turpitude, or other issues are ineligible to apply for the role.
  • Candidates with a history of defaulting on loan or credit card payments, as well as those with a CIBIL or other agency adverse report against their name, may not be considered for appointment. Before joining, the status in this regard will be confirmed.

SBI Clerk 2021: Educational Qualifications

  1. He or she must have a valid degree from a recognized university in any discipline on or before August 16, 2021.
  2. Candidates who hold an integrated dual degree (IDD) certificate should double-check the date of their IDD completion. Those in their final year/semester of study may also apply provisionally, subject to the requirement that, if provisionally selected, they produce proof of passing the graduation examination.
  3. Matriculate ex-servicemen who have completed at least 15 years of service in the Union Armed Forces and have obtained the Indian Army Special Certificate of Education or a corresponding certificate in the Navy or Air Force are also eligible.

SBI Clerk 2021: Application Form & Fees

SBI Clerk 2021 application form needs to be filled online. The link to register for the exam will be made available on the official website. The application fee is 750 and NIL for candidates belonging to SC/ST/OBC/PWD category.

S. No.CategoryApplication Fee
1.General/OBC/EWS750
2.SC/ST//PWD/XS/DXSNIL

SBI Clerk 2021: Application Form 

Candidates can fill SBI Clerk application form as per the below-mentioned steps. 

Step 1: Go to sbi.co.in/web/careers/current-openings on the official website.

Step 2: Go to the ‘Click here for new registration‘ tab and click it.

Step 3: Enter information such as your name, phone number, and email address.

Step 4: You’ll get a registration number and a password.

Step 5: Upload the scanned images of the signature and photograph.

Step 6: Fill in your personal information, work experience, educational qualifications, and so on.

Step 7: Review the application form before submitting your information.

Step 8: The registration fees must be paid by the candidates.

Step 9: Print the application form as well as the E-receipt.

SBI Clerk 2021: Important Details

  • In light of the COVID-19 pandemic, the Bank can conduct the PET either through physical classes or through online resources, depending on the feasibility.
  • The admit cards for the preliminary exam have been made available. Candidates can download their call letter and a “acquaint yourself booklet” for the preliminary test by entering their registration number and password/date of birth on the Bank’s website.
  • From 19.07.2021 onwards (Tentatively), candidates who will qualify for the main examination will be able to download their call letter from the Bank’s website (following the instructions on the screen).
  • Call letter for Preliminary Exam: Call letter of the Preliminary Exam will not be collected at the examination venue. However, it will be duly authenticated or Stamped by the exam center staff. Candidates will need to retain the call letter (along with authenticated/ stamped copy of the ID proof) safely. Those candidates who will be called for Main Exam will be required to bring this call letter along with the Main Exam call letter and other requisite documents as per information provided in the “acquaint yourself booklet” and call letter.

To know the complete details of the notification watch the video below.

ixamBee provides SBI Clerk mock tests absolutely free for you to analyze your grasp on concepts. These mock tests are made after hours of revision from our exam experts and will lead you towards a better knowledge of concepts. If you need any assistance with the SBI JA exam 2021, you can check out our SBI Clerk online course. This course has a lot of sectional questions to gain a firm understanding of the relevant topics, crisp study notes and video lessons all designed by our SBI Clerk expert faculty to help you sail through the tough competition.

At ixamBee you can find free Online Test Series, GK updates in the form of BeePedia, as well as latest updates for Bank PO, Bank Clerk, SSC, RBI, NABARD and Other Government Jobs.

Also Read

SBI Clerk Prelims Practice Test: Practice To Perform Your Best

SBI Clerk Syllabus 2021: Detailed Prelims and Mains Syllabus With Best Books

SBI Clerk Previous Year cut-offs (Prelims)

SBI Clerk In-Hand Salary

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List of Reports published by International Organizations https://www.ixambee.com/blog/list-of-reports-published-by-international-organizations https://www.ixambee.com/blog/list-of-reports-published-by-international-organizations#respond Fri, 28 Feb 2020 11:36:53 +0000 https://www.ixambee.com/blog/?p=3214 A report plays a vital role in our life, be it in business, commerce or trade, it gives out clear and transparent information. A report is made to aware people about the current status in the world so that appropriate decision by Government or Organization can be taken in future.  International Organizations like WEF, World […]

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A report plays a vital role in our life, be it in business, commerce or trade, it gives out clear and transparent information. A report is made to aware people about the current status in the world so that appropriate decision by Government or Organization can be taken in future.  International Organizations like WEF, World Bank, WTO, ILO along with many others release reports on Ease of doing business, Global wage report, Global enabling trade report, etc. It makes the Government analyze their position in the world. Questions from this topic are highly expected in the upcoming exams of SBI Clerk, RBI Assistant and NABARD Grade A and LIC AAO 2020 and SSC CGL 2019 exams.  

List of Reports by International Organizations:

International Organization Name of Report
WEF (World Economic Forum) Social Mobility Report
WEF (World Economic Forum) Global Gender Gap Report
US Chamber of Commerce Intellectual Property Index
United Nations Children‘s Emergency Fund (UNICEF) The State of the World‘s Children Report
UNDP (United Nations Development Programme) Sustainable development goals
UNO(United Nations Organizations) World economic situation and prospects report
SDSN-Sustainable Development Solution Network World Happiness Report
WEF (World Economic Forum) The Global risk report
UNCTAD (United Nations Conference on Trade and Development) World Investment Report
United Kingdom’s “Save the Children” organisation Global Childhood Report
IEP (Individualized Education Programme) Global Peace Index
UNEP- United Nations Environment program Global Environmental Outlook
United Nations Population Fund (UNFPA) State of World Population Report
World Health Organization(WHO) Global Nutrition Report
United Nations Environment Programme (UNEP) Actions on Air Quality
UNFPA (United Nations Population Fund) State of world population
UNICRI (United Nations Interregional Crime and Justice Research Institute) Reports on Counterfeiting and Organized Crime
UNISDR (United Nations Office for Disaster Risk Reduction) Global Assessment Report
UNHCR (United Nations High Commissioner for Refugees) The Global Report
UNIDO(United Nations Industrial Development Organization) Industrial Development Report
WEF (World Economic Forum) Engaging tomorrow consumer report
UNDP (United Nations Development Programme) Gender Inequality Index
UNESCO Gender Parity Index
OECD Government at a Glance Report
World Meteorological Organisation (WMO) Greenhouse Gas Bulletin
WEF (World Economic Forum) Global Competitive Report/Index
UN-ITU Global Cyber Security Index
UNO(United Nations Organizations) Global economic outlook
UNESCO(The United Nations Educational, Scientific and Cultural Organization) Global education monitoring report
WEF (World Economic Forum) Global enabling trade report
WEF (World Economic Forum) Global energy architecture performance index report
WEF (World Economic Forum) Global Environment Performance Index
WEF (World Economic Forum) Global Information Index
WEF (World Economic Forum) Global Information technology report
WEF (World Economic Forum) Global Manufacturing Index
IMF Global Financial Stability Report
FAO Global Food Price Index
IFPRI(International Food Policy Research Institute) Global hunger Index
OECD Global Index of Countries
FATF (Financial Action Task Force) Global Money Laundering Report
UNEP- United Nations Environment program Global trend in renewable energy
Investment
ILO (International Labour Organization) World Social Protection Report
ILO (International Labour Organization) World Employment and Social Outlook
ILO (International Labour Organization) World of Work Report
ILO (International Labour Organization) Global Wage Report
ILO (International Labour Organization) Working on a warmer Planet Report
IFPRI (International Food Policy Research Institute) Global Hunger Index report
WIPO (World Intellectual Property Organization) World Intellectual Property Report (WIPR)
International Energy Agency World Energy Outlook (WEO)
International Energy Agency Southeast Asia Energy Outlook
UNODC (United Nations Office on Drugs and Crime) World Wildlife Crime Report
UNODC (United Nations Office on Drugs and Crime) World Drug Report
UNODC (United Nations Office on Drugs and Crime) Global Report on Trafficking in Persons
Intellectual Property Organization (WIPO) Global Innovation Index
UNEP- United Nations Environment program Human development report
WEF (World Economic Forum) Human Capital report
WEF (World Economic Forum) Inclusive growth & Development report
ICAO (International Civil Aviation Organization) Safety Reports
WWF (World Wildlife Fund) The Energy Report & Living Planet Report
IBRD (World Bank) International Debt Statistic
IBRD (World Bank) Logistics Performance Index
IBRD (World Bank) Migration and development brief
IBRD (World Bank) World Development Report
IBRD (World Bank)   Globalization Backlash
IBRD (World Bank)   Ease of Living Index
IBRD (World Bank)   Ease of Doing Business
United Nations University Institute for Environment and Human Security (UNU-EHS) World Disaster Risk Index
UNODC- UN Office on Drugs and Crime World Drug Report
WHO(World Health Organisation) World health report
WHO(World Health Organisation) World Health Statistics
UNICEF (United Nations Children’s Emergency Fund) The State of the World’s Children reports
UNICEF (United Nations Children’s Emergency Fund) Report on Regular Resources
UN Inter-agency Group Levels and Trends in Child Mortality Report
UNEP (United Nations Environment Programme) Actions on Air Quality
UNEP (United Nations Environment Programme) Global Environment Outlook
UNESCO (United Nations Educational, Scientific and Cultural Organization) Global education monitoring Report
UNCTAD (United Nations Conference on Trade and Development) World Investment Report
World Inequality Lab, Paris School of Economics World Inequality Report
WTO (World Trade Organization) World Trade Outlook Indicator
WTO (World Trade Organization) World Trade report
WTO (World Trade Organization) International Trade statistics
WTO (World Trade Organization) Intellectual Property Rights
UNO(United Nations Organizations) World Urbanization prospects
UN-Water World Water Development Report
UNODC World Wildlife Crime Report
UN-DESA World‘s Women Report – Once in 5 years

Attempt 700+ Free Full Length Mock Tests here.

Also Read:

International organizations and Headquarters

Banks and its classification (Part 2)

IBA Full Form

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Types of Banks and Its Classification (Part 1) https://www.ixambee.com/blog/banks-and-its-classification-part-1 https://www.ixambee.com/blog/banks-and-its-classification-part-1#respond Thu, 27 Feb 2020 11:27:28 +0000 https://www.ixambee.com/blog/?p=3178 When you think of the term “Bank” what is the first thing that comes in your mind? It may be something like this “an organization that keeps a check in your savings account”. A bank is lot more than this. Apart from accepting deposits and granting credits to the entities, it plays a major role […]

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When you think of the term “Bank” what is the first thing that comes in your mind? It may be something like this “an organization that keeps a check in your savings account”. A bank is lot more than this. Apart from accepting deposits and granting credits to the entities, it plays a major role in maintaining the economic status of our country. In today’s article, we will learn the Types of banks that operated in India and its classification.

banking

Unorganized Banking:

Money Lenders:

Moneylenders are defined as those whose primary business is to lend money. They are classified in two ways i.e. the Professional Moneylenders such as Sahukars, Banias, and The Maharajas. They usually hold a license for money lending. The second one is the Non-Professional Moneylenders, they don’t entirely depend on money lending business and also don’t hold a license for money lending, those are Landlords, Agriculturists, Traders, pensioners, etc.

Indigenous Banks:

From ancient days, India has had been into some form of banking also known as Indigenous banking. It was organized in the form of family or individual businesses. Those who were into this business were popularly known as Shroffs, Mahajans, Chettis, Sahukars, Kathiwlais’s, etc. it cannot be mixed with the professional money lenders because their work is not only to lend money. Because their activities were not regulated, they belong to the unorganized sector. The functions of indigenous banks are accepting deposits, lending money or advance loans, acceptance of valuable for custody and some Non-Banking functions.

banking

Organized Banking:

Reserve Bank of India (RBI):

Reserve Bank of India is the apex organization of our country. It is also known as the Central Bank of India. RBI came into existence on April 01, 1935, with Reserve Bank of India Regulation Act 1934. It was nationalized by the Government of India on January 01, 1949. It’s headquartered is in Mumbai and the present Governor of RBI is Mr. Shantikanta Das. RBI is the backbone of the Indian economy. You can Read about RBI in detail here:RBI and its functions

Scheduled banks and Non-Scheduled banks:

Those banks that have entered into the Second Schedule of the Reserve Bank of India Act 1934 have been classified as scheduled banks and those are excluded from the list are termed as Non-Scheduled Banks.

Commercial Banks

Commercial Banks are the type of banks whose primary objective is to accept deposits and advance loans to the customers (General Public, Corporate and government). Commercial Banks are regulated under the Banking Regulation Act 1949. This act gives extensive regularity powers to Reserve Bank of India over Commercial Banks. It also entitled it to inspect their workings.

In other words, we can say that a Commercial Bank is a financial institution that accepts deposits, grants loans. It borrows money from those who have money in surplus and lends to those who need it. The first commercial bank in India was established in 1770, Bank of Hindustan. Punjab national bank, Axis bank, Dena bank Union bank and syndicate bank, etc. are some of the commercial banks operated in India.

Some of the major functions of Commercial Banks are given below:

  1. It receives deposits from public and business firms.
  2. It issues demand drafts, bank cards traveler’s cheque, etc.
  3. It lends money to an individual, corporate and government for a productive economy.
  4. It provides the locker facility to the customers.  
  5. It provides safe custody of documents, ornaments, and other valuables.
Public Sector Banks:

Public Sector Banks which are also known as nationalized banks are the banks in which the majority of stakes are of the government of India. The Government of India nationalized 20 privately owned banks in 1969 and 1980.  The objectives of nationalization of banks are to raise public confidence in the banking system. Reach of banking services in urban as well as rural services. To ensure the availability of resources to important sectors of society like agriculture and small scale industries.  State bank of India, apart from being a nationalized bank also acts as the agent of RBI.

Private Sector Banks:

Private Sector Banks are the type of banks in which majorly stakes are owned by the private sector. In 1951, there were 566 private sector banks operating in India, out of which 474 were Non-Scheduled and 92 Scheduled banks. Some of the private sector banks operating in India are Karur Vyasa Bank, City Union Bank, Nainital Bank, and Karnataka Bank, etc.

Foreign Banks:

Foreign Banks in India are the ones whose head office is outside the geographical boundaries of India. They are governed by the rules of the parent country, whereas, the branches operating in India have to strictly follow the rules of Reserve Bank of India.

Regional Rural banks:

Regional Rural Banks on RRB were set up by the government of India on September 26, 1975, under the Regional Rural Banks Act 1976. The main objective of the bank is to provide credit and other facilities to the small and marginal farmers, agricultural laborers, artisans. It also aims to develop trade, agriculture, commerce, and industry, etc. in the rural areas. At the moment, the authorized capital of RRB is Rs. 5 crore and the issued capital is Rupees 1 crore. 50% of the issued capital is to be provided by the central government, 15% by the concerned state and the rest 35% will be sponsored by the sponsoring commercial bank. The shares of Regional Rural Banks are to be counted as “Approved Securities”.

This was Part One of the Types of Banks. The second part of the article will be updated soon here. Please keep visiting this space for more such posts.

Also Read:

History Of Banking In India

Types of banks and its classification (Part 2)

Types of Bank Accounts

ICC Full form

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SBI Clerk Mains 2019: Download SBI Clerk Mains Admit Card https://www.ixambee.com/blog/sbi-clerk-mains-download-mains-admit-card https://www.ixambee.com/blog/sbi-clerk-mains-download-mains-admit-card#respond Wed, 24 Jul 2019 06:49:27 +0000 https://www.ixambee.com/blog/?p=1731 SBI Clerk Mains Admit Card Out SBI releases its recruitment notification every year for various kinds of posts. SBI is one of the most sought after jobs and thus a large number of candidates apply for SBI posts. This makes the competition for SBI Clerk tougher. SBI released its recruitment notification for Clerical Cadre – […]

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SBI Clerk Mains Admit Card Out

SBI releases its recruitment notification every year for various kinds of posts. SBI is one of the most sought after jobs and thus a large number of candidates apply for SBI posts. This makes the competition for SBI Clerk tougher. SBI released its recruitment notification for Clerical Cadre – Junior Associates (Customer Support & Sales) in the month of April. It conducted SBI Clerk Preliminary Exam on 22nd & 23rd June 2019. It released the SBI Clerk Prelims result recently on 23rd July 2019. SBI has now released the admit card for SBI Clerk Mains also. Candidates who were able to qualify the SBI Clerk Prelims should move ahead with the final preparation of SBI Clerk Mains 2019. This is a golden opportunity for all those who wish to work in State Bank of India.

                         Download SBI Clerk Mains Admit Card

SBI Clerk Mains 2019: How To Download Your Admit Card?

Candidates can download the admit card for SBI Clerk Mains by following some simple instructions:

  • Once you click on the link given above, you will be directed to the login page where you can download the admit card by entering the information required.
  • Once you reach the login page, you need to enter the Registration No. / Roll No. and Password / DOB (dd-mm-yy) at the required places to download the SBI Clerk Mains call letter/admit card.
  • You will have to download the admit card from the regional website.
  • You need to make sure that the date of birth is the same as the one entered at the time of registration.
  • The date of birth should be entered in DD-MM-YY format.
  • The admit card should be brought along with a valid identity proof to the exam centre.

As the SBI Clerk Prelims admit card has been released by SSC, it is the appropriate time to start your revision and practice. You can practice SBI Clerk Mains free mock tests regularly and improve your scores by increasing your speed and accuracy. You should try your best to achieve the desired results.

All The Best!

Also Read:

SBI Clerk Mains Important Puzzles

SBI Clerk Important Sitting Arrangement Questions

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