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How to crack Bank Of India Exam – Section-wise Guide

As you all know that BOI has released its 214 vacancies for the post of officers and all of you are willing to have this post.  To face the competition, candidates must do smart work. To crack the bank exams a lot of hard work, determination and patience is required. In this, We will tell you “How to Crack Bank of India Exam?”. Let’s begin:

To crack this exam, first of all, you all have to go through the process of the exam.

The exam will be conducted by the organization named IBPS” and this organisation conduct all its exam on an online basis and  the  structure  for this exam as follows :

How to crack Bank Of India Exam – Exam Pattern

*There will be a negative marking of 0.5 marks for each wrong answer.

*Except English all other subjects will be in bilingual languages.

After qualifying the exam you have to go through the second process i.e; the interview round which comprises 100 marks. The final selection will be in the ratio of 3:1.

BOI salary details:

EXAMINATION CENTERS :

The examination will be conducted online in Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Delhi, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Panaji, Patna, Raipur, Ranchi, Shimla and  Thiruvananthapuram.

How to crack Bank Of India Exam – Exam Syllabus

Understanding the syllabus of the exam is very important to know How to crack Bank of India Exam. So let us go through all the section-wise topics to prepare:

  • English Language :
  • Adverbs
  • Verb Agreement
  • Idioms and Phrases
  • Tenses
  • Error Corrections
  • Vocabulary based questions
  • Grammar
  • Sentence Arrangements
  • Fill in the blanks
  • Synonyms and antonyms
  • Reading comprehension
  • Professional Knowledge: BOI is offering posts like Economist, Statistician, Risk Manager, Credit Analyst, Credit Officers, IT (Fintech), IT (Data Scientist) etc. So the syllabus of this section will be as according to the technical knowledge required for this post.
  • General Awareness :
Banking in IndiaIndian & International Finance SystemBanking ConceptsImportant Bank & Finance Acts
History of Banking in IndiaBanking and Financial Committees in IndiaCurrencyRBI Act, 1934
Banking and Financial Reforms in IndiaFinancial Market in IndiaInflationBanking regulations act,1949
Financial Institutions in IndiaMoney & Capital MarketingMoney Laundering & Anti-Money LaunderingOverview of Companies (Amendment) Act, 2017
Functions of BanksCredit & DebitGreen BankingAmendments in FDI Policy, 2018
Types of  Bank AccountsInternational Financial InstitutionsFinancial InclusionFinancial Resolution and Deposit Insurance Bill 2017
Types of LoansBasics of Bond and their Types & FeaturesReverse Mortgage LoanForeign Exchange Regulation Act (FERA)
Types of MortgagesMutual FundsBank Credit OperationsPrevention of Money Laundering Act 2002
Types of Cheque & CardsLIBOR & MIBORCash Management ServicesThe business of Banking Companies in Banking Regulation Act, 1949
Foreign Banks in IndiaSWIFT Codes for banksCIBILEmployee Provident Fund and Miscellaneous Provisions Act, 1952
Fund Transfer ServicesTypes of Foreign AccountsBombay Stock Exchange (BSE)Insolvency and Bankruptcy Code, 2016
Structure of Banking IndustryHistory of Indian Insurance IndustryNational Stock Exchange (NSE)NPA and SARFAESI Act, 2002
Nationalised BanksBancassuranceBanking OmbudsmanList of Bank & Insurance Companies with their Taglines
Public Sector BanksIndian Financial SystemNon-Performing Assets (NPA)Principles of Insurance

 How to Secure Secure good marks in different subjects of BOI :

English language :

  • Brush up all your grammar points to secure good marks in this section as most of the part is covered by itself only.
  • Prepare vocabulary asked in previous year papers.
  • Start with Grammar section to score good marks in one go.

 Professional knowledge:

  • Clear your all doubts of theory and practicality of your related subjects.

General awareness :

  •  Budget facts and Five-year plans, Economy, Banking, and Finance, History, Countries and Capitals, Culture, Geography, knowledge about India and its Neighborhood, Economy,  Scientific research, Important Financial and Economic News, General politics, Sports, Countries and Capitals, Science and innovations.
  • Prepare current affairs as of least 6 months.

7 simple steps to know How to crack the BOI Officer Exam:-

  • Prepare your time table for BOI  :

 After the completion of the online application procedure, the candidates should start off with their preparation and should prepare a better time table for each subject as it will help him to score good marks.

  •  Use Best Resources for preparation BOI officers post :

The main role in getting selection is the material you choose. The best study material for your preparation accelerates your success, you can go through our site to get latest study materials

  • Identify your weak areas :

TMock tests can help you to work on your areas which are less prepared. To improve your progress you can go through our mock tests also  After giving a mock test, analyze it thoroughly and boost your speed and accuracy in a limited time.

  • Practice with Previous Papers &  mocks: 

Analyze all previous year question papers to understand the types of Questions asked in the BOI Officer Exam.

  •  Make Short Notes for Reference :

Make short notes, as this will help you to revise in less time when you have your interview.

  • As more as you Guess as more you  loose marks :

The selection depends on the % of your accuracy.

  • Start with Most Known Sections:

We advise the candidates to finish their written exams with the sections that are most familiar with. By doing this,  candidates can solve easy sections of the bank exam paper quickly and use the saved time in some difficult sections like Quantitative Aptitude and Reasoning Ability questions.

 Stay relaxed and focused as this will improve their concentration level. 

That is all from us in this blog on How to crack Bank of India Exam. Keep checking this space for all the latest