Wednesday, December 6, 2017

IBPS CLERK MAINS EXAM 2017 - New Mains Exam Preparation Strategy

How to Prepare IBPS Clerk New Mains Exam Pattern. In this video we will see every detailed required to crack IBPS Clerk Mains Exam 2017.

We will discuss IBPS Clerk Mains New Pattern Syllabus, Previous Year Paper Analysis, Last Year Cut off, Important Online and Offline Study Material Required for Preparation and many More to crack IBPS CLERK MAINS EXAM 2017.

Saturday, November 25, 2017

Banking Awareness : All About Small Finance Bank & Payment Bank in Pravite Sector

Small Finance Banks in the Private Sector
i) Objectives:
The objectives of setting up of small finance banks will be to further financial inclusion by (a) provision of savings vehicles, and (ii) supply of credit to small business units; small and marginal farmers; micro and small industries; and other unorganised sector entities, through high technology-low cost operations.
ii) Eligible promoters: Resident individuals/professionals with 10 years of experience in banking and finance; and companies and societies owned and controlled by residents will be eligible to set up small finance banks. Existing Non-Banking Finance Companies (NBFCs), Micro Finance Institutions (MFIs), and Local Area Banks (LABs) that are owned and controlled by residents can also opt for conversion into small finance banks. Promoter/promoter groups should be ‘fit and proper’ with a sound track record of professional experience or of running their businesses for at least a period of five years in order to be eligible to promote small finance banks.
iii) Scope of activities :
  1. The small finance bank shall primarily undertake basic banking activities of acceptance of deposits and lending to unserved and underserved sections including small business units, small and marginal farmers, micro and small industries and unorganised sector entities.
  2. There will not be any restriction in the area of operations of small finance banks.
iv) Capital requirement: The minimum paid-up equity capital for small finance banks shall be Rs. 100 crore.
v) Promoter's contribution: The promoter's minimum initial contribution to the paid-up equity capital of such small finance bank shall at least be 40 per cent and gradually brought down to 26 per cent within 12 years from the date of commencement of business of the bank.
vi) Foreign shareholding: The foreign shareholding in the small finance bank would be as per the Foreign Direct Investment (FDI) policy for private sector banks as amended from time to time.
vii) Prudential norms :
  1. The small finance bank will be subject to all prudential norms and regulations of RBI as applicable to existing commercial banks including requirement of maintenance of Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR). No forbearance would be provided for complying with the statutory provisions.
  2. The small finance banks will be required to extend 75 per cent of its Adjusted Net Bank Credit (ANBC) to the sectors eligible for classification as priority sector lending (PSL) by the Reserve Bank.
  3. At least 50 per cent of its loan portfolio should constitute loans and advances of upto Rs. 25 lakh.

Watch this Complete Article in Video Form :- All About Payment Bank,Small Finance Bank, Tagline, Headquarter, Latest News 


Payments Banks in the Private Sector
i) Objectives:
The objectives of setting up of payments banks will be to further financial inclusion by providing (i) small savings accounts and (ii) payments/remittance services to migrant labour workforce, low income households, small businesses, other unorganised sector entities and other users.
ii) Eligible promoters :
  1. Existing non-bank Pre-paid Payment Instrument (PPI) issuers; and other entities such as individuals / professionals; Non-Banking Finance Companies (NBFCs), corporate Business Correspondents(BCs), mobile telephone companies, super-market chains, companies, real sector cooperatives; that are owned and controlled by residents; and public sector entities may apply to set up payments banks.
  2. A promoter/promoter group can have a joint venture with an existing scheduled commercial bank to set up a payments bank. However, scheduled commercial bank can take equity stake in a payments bank to the extent permitted under Section 19 (2) of the Banking Regulation Act, 1949.
  3. Promoter/promoter groups should be ‘fit and proper’ with a sound track record of professional experience or running their businesses for at least a period of five years in order to be eligible to promote payments banks.
iii) Scope of activities :
  1. Acceptance of demand deposits. Payments bank will initially be restricted to holding a maximum balance of Rs. 100,000 per individual customer.
  2. Issuance of ATM/debit cards. Payments banks, however, cannot issue credit cards.
  3. Payments and remittance services through various channels.
  4. BC of another bank, subject to the Reserve Bank guidelines on BCs.
  5. Distribution of non-risk sharing simple financial products like mutual fund units and insurance products, etc.
iv) Deployment of funds :
  1. The payments bank cannot undertake lending activities.
  2. Apart from amounts maintained as Cash Reserve Ratio (CRR) with the Reserve Bank on its outside demand and time liabilities, it will be required to invest minimum 75 per cent of its "demand deposit balances" in Statutory Liquidity Ratio(SLR) eligible Government securities/treasury bills with maturity up to one year and hold maximum 25 per cent in current and time/fixed deposits with other scheduled commercial banks for operational purposes and liquidity management.
v) Capital requirement :
The minimum paid-up equity capital for payments banks shall be Rs. 100 crore.
  1. The payments bank should have a leverage ratio of not less than 3 per cent, i.e., its outside liabilities should not exceed 33.33 times its net worth (paid-up capital and reserves).
vi) Promoter's contribution: The promoter's minimum initial contribution to the paid-up equity capital of such payments bank shall at least be 40 per cent for the first five years from the commencement of its business.
vii) Foreign shareholding: The foreign shareholding in the payments bank would be as per the Foreign Direct Investment (FDI) policy for private sector banks as amended from time to time.

Watch Other Videos On Banking Awareness In this series 

  1. Banking Awareness Module 1 : What is Marginal Cost Based Lending Rate (MCLR) | MCLR Vs Base Rate
  2. Banking Awareness Module 2 : About Insolvency and Bankruptcy Board Of India (IBBI)
  3. Banking Awareness Module 3 : Banking Related Acts and Important Sections Asked In Exam
  4. Banking Awareness Module 4 : About Small Finance Bank & Payment Bank
  5. Banking Awareness Module 5 : About Priority Sector Lending and Important Questions

Wednesday, November 15, 2017

Sunday, November 12, 2017

Saturday, November 11, 2017

Most Important Top 15 Expected Spotting Error Questions for IBPS Clerk Exam

Most Important Top 15 Expected Spotting Error Questions for IBPS Clerk Prelim Exam. In this video we will discuss Spotting Error and Error Correction questions for IBPS PO and IBPS Clerk Exam. 

English is most Important Part in IBPS Prelim Exam and if you have command over Vocabulary, Language and Grammatical Part then you can easily score good marks in this subject in less time.

Wednesday, November 8, 2017

Important 250 Static Awareness Questions for Upcoming IBPS PO & RRB Clerk Mains

Important 250 Static Awareness Questions for Upcoming IBPS PO & RRB Mains Exam. In this video we will discuss 250 important static GK Questions which ere repeatedly asked in IBPS PO Mains , IBPS Clerk Mains, RRB PO Mains and Different Bank Exam held by IBPS. 

To score good marks you will have to complete these static awareness questions for upcoming RRB Clerk and IBPS PO Mains Exam 2017-18.


Saturday, November 4, 2017

How To Prepare IBPS PO Mains Exam 2017-18 in Last 20 Days

Unlike every year, this year also IBPS has made some major changes in IBPS PO Exam Syllabus & Exam Pattern. IBPS is all set to follow the exam pattern and syllabus of SBI PO Mains from this year onwards. IBPS has decided to incorporate total 155 questions under 3 hours of duration.

New exam pattern of IBPS PO Mains exam has been provided below- The mains of IBPS PO will have the following exam pattern -

S. No.Name of Test (Not by Sequence)Number of QuestionsMaximum MarksTime allotted for each section
1.Reasoning Ability & Computer Aptitude456060 minutes
2.English Language354040 minutes
3.Data Interpretation & Analysis356045 minutes
4.General/ Economy/ Banking Awareness404035 minutes
 Total1552003 hours
 Descriptive Test (English Language): Letter & Essay Writing)22530 minutes

IBPS PO Mains Exam Pattern(New Changes In Pattern)

The mains exam of IBPS PO is divided into 4 sections of Objective Test followed by a descriptive test. The exam pattern of Mains Exam has changed from this year onwards. Highlight of changes this year - 
  • Computer awareness section has been removed and Computer Aptitude section has been added to the Reasoning Ability section.
  • Quantitative Aptitude section is now called Data Interpretation & Analysis - Hence DI questions are expected to form a majority of this section.
  • The total questions in the exam have reduced to 155 from 200 last year. This is again on the lines of the SBI Exam.
  • The overall time of the objective exam has increased to 180 mins from 140 mins last year. This is again on the lines of the SBI Exam. With questions reduced and the time increase, the difficulty level of the questions is expected to go up.

New Pattern Questions Asked in SBI PO Mains 2017
  • Inequality Questions related to new pattern Inequality (Quantity I, Quantity II )
  • Reading Comprehension à There were two Reading Comprehension of new type with 5 questions in each of them. Topic of RC was Banking and Economy and other one was related to Noise in production in corporate world.
  • Machine Input-Output à Diagram Based Input Output was Introduced.
  • Symbol Based Puzzle à New Pattern Symbol based questions in reasoning
  • New Pattern Puzzle (Calculation based- shelf and photo frames)
  • Para Jumble àThere was a new type introduced in Jumbled sentences where they already gave you the starting and ending sentence rest of the arrangement was to be found out by the candidate
  • Error Spotting à  4 questions were based on a new pattern where there were multiple errors in one sentence and candidate have to identify all the parts with errors in them.
IBPS PO Mains Exam 2017-18 - Syllabus (Data Interpretation and Analysis)
  • Bar graph
  • Line graph
  • Pie chart (single or double)
  • Tabular graph
  • Radar chart
  • Mixed graphs (combination of any 2 of the above)
  • Caselets/ Paragraph DI
  • Missing graphs
  • Data Sufficiency
  • Few Arithmetic problems (especially Probability)
  • Quantity based inequality problems.
IBPS PO Mains Exam 2017-18 - Syllabus (Reasoning Ability and Computer Aptitude)
Puzzles - Level of Mains puzzles is expected to be difficult. Try to practice questions involving at least 2-3 parameters.
Seating Arrangement - This topic again will be difficult and may be asked in combination with other reasoning topics like Blood relations, ranking or other parameters.
Inequality - Try to practice Coded as well as direct questions from this topic.
Coding Decoding – New Pattern as well as old pattern.
Syllogism - You can expect a moderate level of syllogism. Make sure that you cover normal as well as Reverse Syllogism.
Input Output - You can expect 1 set of this topic as well. Practice Questions on New Pattern as Asked in SBI PO Mains.
Coding Decoding - This topic again may be asked based on new pattern, so practice accordingly. Try to practice number coding based questions as well.
Verbal Reasoning - You can expect around 5-10 questions from verbal section. This may involve topics like -
Statement and Assumption/ Statement and Course of Action/ Statement and Argument/ Cause and Effect/ Deriving conclusion from passage
Data Sufficiency - Try to cover questions based on 2-3 statements. Questions would be based on other topics of reasoning section, so a thorough practice will help you in this section.
Miscellaneous topics - This involves questions from Blood Relations, Direction Sense and Ranking.
• Computer Aptitude - You can also come across 2-3 questions of this topic, which may be passage/ flowchart based. 
IBPS PO Mains Exam 2017-18 - Syllabus (English Language)
•Reading Comprehension
•Para Jumble
•Double Fillers
•Single Filler In Multiple Sentence
•Phrase Replacement
•Paragraph Completion
•Sentence Exclusion
•Word Usage
•Vocabulary Based Questions
•Identify the correct paragraph on a given topic
IBPS PO Mains Exam 2017-18 - Syllabus (General Awareness With Special Reference to Banking Industry)
Sub - topic
Banking & Financial Awareness
Financial Terminology,
Current & Static Banking Affairs and Economic Awareness.
Banking History, About RBI and Other Regulatory Bodies, Financial institution national and international, Monetary Policy, Capital Market, Money Market, BASEL, BASBDA, CASA, CHEQUES, GST, CBS, PSL, GAAR
Current Affairs
National, International, New Appointment, Obituaries, State Wise Current Affairs, 1st in the State, Sports, Defense , Science and Environment, Summits, Financial Awareness, Business and Economic Affairs
Static GK
National Park, WLS, City Nick Name, CM & Governor, Currency Capital, National Monuments and Heritage, Airport, Stadium, Dances, Power Plants, Hydro Dams, Important Days, Rivers and City, Bank Headquarters and Tagline, International Organization and HQ, International Stock Exchange

IBPS PO Descriptive Test Syllabus

This section will have 2 questions - It is expected that 1 essay and 1 letter will be asked in this section. Candidates should practice writing essays on current topics preferably on a computer. For letter writing both formal and informal letters should be practised. 
Important information about the exam pattern and the exam syllabus - 
  • IBPS PO Prelims Exam is of qualifying nature. Marks obtained in mains examination only will be counted for interview call. Final merit list will be made on the basis of total marks obtained in IBPS PO Mains exam & Interview.
  • There will be negative marking of 0.25 marks for each wrong answer in prelims & mains.
  • There will be sectional as well as over-all cut off in prelims & mains both.

How to Prepare for RBI Assistant Prelims Exam in Twenty Days

Every year lakhs of candidates compete for limited number of job opportunities. This year also the number of job opportunities as compared to number of applicants is very less. Therefore the applicants should study in a smart manner to get job at earliest. Reserve Bank of India has invited applications for the post of RBI Assistant. The exam will be conducted in three phases:-
  1.  Preliminary Exam – 100 marks – Qualifying.
  2.  Main Exam – 200 Marks – Merit based on this exam.
  3. Interview – 100 Marks – Merit Based on this exam.
The preliminary exam will be conducted after Twenty days (approx.). In order to get selected for this post the candidates are required to clear this exam. Through this article we will be sharing a smart study plan to prepare for preliminary exam in Twenty days. The pattern of this exam is:-

Sr. No.
Name of Tests
No. of Questions
Maximum Marks
Total Time
English Language
Composite time of 60 Minutes
Numerical Ability
Reasoning Ability

Although the syllabus for this exam is vast but there are certain topics which hold maximum weightage. A smart study plan is a must to cover these topics. The topics are needed to be covered keeping following these in mind:-
  •  Weightage of topics – as per previous year’s trends
  •   Level of difficulty – from easy to moderate to difficult
  •   Questions asked in recent banking and insurance exams

Keeping in mind above points, twenty days study plan has been prepared for your continence. The candidates are requested to follow the study plan given below:-

Quantitative Aptitude
English Language
Simplification and approximation – Use digit sum method and unit digit method for quick calculations
Syllogisms , order and ranking – try to solve questions on this topic-asked in recently conducted exams
Reading comprehension- 3, Tenses
Essay on current topic.
Quadratic Equations- Easy, moderate and difficult
Blood relation- Both direct and coded form, blood relation cam also be asked in form of a puzzle
Reading comprehension- 3, Voice and modals. 
Essay on current topic.
Ratio and proportion, Percentage
Alphanumeric series – including new pattern questions
Reading comprehension- 3, Clause analysis.
Essay on current topic.
Profit and Loss, Discount
Direction sense - questions based on the directions given for a particular object in rest or motion.
Reading comprehension- 3, Verbs.
Essay on current topic.
Average, Mixture and Allegation
Inequality - Direct and Indirect
Reading comprehension- 3, Article.
Essay on current topic.
Number Series - Missing number, wrong number series.
Input - output, including new pattern asked in SBI PO mains 2017
Reading comprehension- 3, Noun.
Essay on current topic.
Simple Interest and Compound Interest.
Coding Decoding – Old and new Pattern both.
Reading comprehension- 3, Pronoun.
Essay on current topic.
Problems based on ages, partnership.
Data Sufficiency- including questions based on three or more than three statements, Decision Making.
Reading comprehension- 3, Adjective.
Essay on current topic.
Time and Work, Pipes and Cisterns – As per recent trends questions from these topics are asked with a lot change in concept, therefore solve all recent questions of these topics.
a-Floor based
b- Day and   Month based
d- Blood relation based
e. Box Puzzle
f. Rectangular sheet
g. Shelf and Frames based
h. Data Flow based

This is the most important topic of this exam. The candidates can expect maximum questions from this topic; therefore the candidates are requested to make themself comfortable with this topic.

Try to solve moderate to difficult puzzles in a rational way so that you will be able to solve puzzles in less time.
Reading comprehension- 3, Adverb.
Essay on current topic.
Speed Time Distance, Problem on Trains, Boat and Streams.
Reading comprehension- 3, Prepositions.
Essay on current topic.
Mensuration, Permutation and Combination.
Reading comprehension- 3, Phrasal verbs.
Essay on current topic.
Probability, Data Sufficiency – In this topic concepts other topics will be used, therefore make precise note of all topics for a quick revision.
Reading comprehension- 3, Para jumbles. 
Essay on current topic.
 Data Interpretation
a- Bar Graph
b- Lines chart
c- Pie chart
d- Tabular
e- Missing DI

Use ratio and percentage method for quick calculations.

Try to remember squares of number 1 to 50, cubes of numbers from 1 to 20, and reciprocals in terms of percentage and vice versa.
Reading comprehension- 3, Cloze test
Essay on current topic.
Reading comprehension- 3, Merging two paragraphs and finding initials of new paragraph
Essay on current topic.
Reading comprehension- 3, Finding the odd sentence out of given five statements
Essay on current topic.
Mock Tests
Mock Tests
Mock Tests
Mock Tests
Mock Tests
Mock Tests
Mock Tests
Mock Tests
Mock Tests
Mock Tests
Mock Tests
Mock Tests
Mock Tests
Mock Tests
Mock Tests

This is a best fit plan try to follow it religiously. While completing syllabus try to take topic wise quizzes to check your level of preparation. Also follow the given tips:-
  •  Take mock tests regularly and do proper analysis of mocks. Attempt a free test for RBI Assistant exam.
  •   Do not much time on a particular question/topic. It will waste time and gives low output in return.
  •  Merely completing syllabus is not enough to get selected in this exam. The next important thing is to take online mock tests.
  •   Try to find out your grey areas using mock analysis. Once you are able to find it work hard to turn your weakness into your strength.
  •   Follow a healthy lifestyle so that you stay fit and can avoid unnecessary pauses.
  •   Always motivate yourself for study.   

Moreover, you can download gradeup bank exam preparation app to get free quizzes, mock test, study materials, videos, & doubt sessions for all competitive exams in India.

All the best for your exams,

Team gradeup !