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 :
- Verb Agreement
- Idioms and Phrases
- Error Corrections
- Vocabulary based questions
- 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 India||Indian & International Finance System||Banking Concepts||Important Bank & Finance Acts|
|History of Banking in India||Banking and Financial Committees in India||Currency||RBI Act, 1934|
|Banking and Financial Reforms in India||Financial Market in India||Inflation||Banking regulations act,1949|
|Financial Institutions in India||Money & Capital Marketing||Money Laundering & Anti-Money Laundering||Overview of Companies (Amendment) Act, 2017|
|Functions of Banks||Credit & Debit||Green Banking||Amendments in FDI Policy, 2018|
|Types of Bank Accounts||International Financial Institutions||Financial Inclusion||Financial Resolution and Deposit Insurance Bill 2017|
|Types of Loans||Basics of Bond and their Types & Features||Reverse Mortgage Loan||Foreign Exchange Regulation Act (FERA)|
|Types of Mortgages||Mutual Funds||Bank Credit Operations||Prevention of Money Laundering Act 2002|
|Types of Cheque & Cards||LIBOR & MIBOR||Cash Management Services||The business of Banking Companies in Banking Regulation Act, 1949|
|Foreign Banks in India||SWIFT Codes for banks||CIBIL||Employee Provident Fund and Miscellaneous Provisions Act, 1952|
|Fund Transfer Services||Types of Foreign Accounts||Bombay Stock Exchange (BSE)||Insolvency and Bankruptcy Code, 2016|
|Structure of Banking Industry||History of Indian Insurance Industry||National Stock Exchange (NSE)||NPA and SARFAESI Act, 2002|
|Nationalised Banks||Bancassurance||Banking Ombudsman||List of Bank & Insurance Companies with their Taglines|
|Public Sector Banks||Indian Financial System||Non-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.
- 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