The IBPS, or the Institute of Banking Personnel Selection, is an autonomous body conducting online recruitment exams for the banking industry. The organization recruits for positions in the financial services sector in India. Its mission is to provide qualified employees to the banking industry. The Institute was founded in 1975. It has over four million members and conducts over twenty-four yearly recruitment tests.
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Institution of Banking Personnel Selection
Institute of Banking Personnel Selection (IBPS) is a recruitment agency that develops and implements world-class processes for banking organizations. Its philosophy is speed, accuracy, and confidentiality. To achieve this, IBPS integrates modern technology and academic expertise. To help clients make the best decisions for their companies, IBPS conducts online exams.
The Institute of Banking Personnel Selection conducts exams to hire people for various bank posts. The exam is divided into two parts. The first part is an interview, while the second part is the actual selection. For those who pass the exam, the salary will vary accordingly. However, the benefits of IBPS jobs include a decent salary and a promising career.
IBPS was established in 1975. Its governing board consists of representatives from public sector banks. Its director serves as the CEO and coordinates with the divisional heads to administer the examinations. The current managing director and chairman of IBPS are Ashwani Kumar. IBPS conducts the exams online and accepts applications through its official website. Its examinations are conducted in different locations across India. The first IBPS exam was held in 1975 as Personnel Selection Services. Then, IBPS gained independence in 1984 after obtaining permission from the Reserve Bank of India (RBI) and public sector banks.
IBPS recruitment process
The recruitment process for IBPS is straightforward; applicants can find all the information about it on the official website. The applicant must fill out his/her personal information and select the bank to apply for. Then, he/she has to pay the application fee. An IBPS recruiter’s salary depends on the post and the candidate’s qualifications.
Candidates must be between 20 and 30 years of age and hold a degree from a recognized university. Candidates must qualify in both the prelims and mains examinations to be considered for the final selection. The IBPS exam is an online, objective-type, multiple-choice (MCQ) exam. Every incorrect answer will deduct 0.25 marks.
IBPS is a government agency established in 1975 to provide recruitment services to various organizations. The organization releases notifications on various exams throughout the year. The dates and times for these examinations vary slightly depending on the specific job and the industry.
IBPS exam pattern
The IBPS PO mains exam pattern has been changed from the earlier pattern. Its time duration has increased from two hours and twenty minutes to three hours and thirty minutes. The Objective Test lasted for two hours earlier, but the Descriptive Test was also included. In addition, the number of questions has increased from 40 to 60. This exam pattern also combines the Computer Knowledge section with the Reasoning section.
The IBPS PO exam pattern has three phases – the Preliminary exam, the Main exam, and the Interview Round. The syllabus for each stage is published along with the official notification. Both the Preliminary and Main exams have an English section. However, the Mains syllabus has a separate Computer section, which will include data interpretation and analysis questions.
The salary offered for successful candidates will depend on the post they are selected for. There is no standard pay scale for IBPS staff, but the allowances and perks are lucrative. Moreover, the exam pattern is not based on any particular bank exam but previous years’ question papers. Therefore, to get a job at an IBPS branch, you must know the entire syllabus and practice the previous year’s question papers.
Eligibility criteria for IBPS posts
There are specific criteria to meet to get selected for IBPS PO posts. You may be eligible to apply if you belong to the economically weaker section (EWS). The EWS category comprises candidates whose family income is less than eight lakhs rupees and whose spouse and children are below eighteen years of age.
Eligibility for IBPS posts depends on your educational qualification and work experience. For clerk posts, you must be between the ages of twenty-eight and thirty-four. If you are not a citizen of India, you must produce an eligibility certificate issued by the government.
The eligibility criteria for IBPS posts vary, and the vacancies available vary. A postgraduate in HR or a marketing specialization can apply for 61 Personnel Officer positions, while candidates with a law degree can apply for 44 vacant law officer positions. In addition, candidates with a postgraduate degree can apply for 84 positions at Rajbhasha Adhikari.
