Good news for candidates who have passed the degree and are preparing for a bank job. Public Sector Undertaking of India .. Industrial Development Bank of India (IDBI) .. Notification has been issued for the replacement of 650 Assistant Manager Manager posts. The online test will be conducted on September 4. Selected candidates will be trained through PG Diploma in Banking and Finance (PGDBF) course. In this context .. Let us know about Assistant ‌ Manager ‌ scales, qualifications, selection process, training procedure in IDBI .
Industrial Development Bank of India (IDBI) .. Manipal (Bangalore), Nitte (Greater Noida) in collaboration with educational institutions through Post Graduate Diploma in Banking and Finance (PGDBF) course .. Assistant Manager Manager jobs. Anyone who passes any degree with at least 60 percent marks is eligible. Those selected for the online test and personal interview will be offered one year training (9 months class instruction, 3 months internship) in Banking and Finance. Those who successfully complete this training will be offered a PGDBF Certificate as well as a job as an Assistant Manager at IDBI.
► Total number of posts: 650. Of which General‌ – 265, SC – 97, ST – 48, EWS‌ – 65, OBC – 175 posts were allotted.
Exam Pattern
Candidates who have applied will have an objective type of test in the online (computer based test) system. Personal interview will be conducted for the candidates who have qualified in the online test. Of these, the course is selected on the basis of talent.
Online test for 200 marks
The test will be conducted for 200 questions – 200 marks in the form of Objective in the online mode. It consists of a total of four sections. Examination for Logical Reasoning, Data Analysis and Interpretation 60 marks – 60 marks, English Language – 40 questions – 40 marks, Quantitative Aptitude – 40 questions – 40 marks, General / Economy / Banking Awareness – 60 questions – 60 marks. The test time is two hours. One mark will be awarded for each correct answer. There is a policy of negative‌ marks. Each wrong answer will be deducted at the rate of 1/4 mark. Only those who qualify for the online test will be called for personal interviews.
Logical Reasoning, Data Analysis and Interpretation
This section asks questions on Numbers, Coding, Decoding, Analogy, Series, Directions, Seating Arrangements, Blood Relations, Ranking, Puzzles, Alphabet Test, etc.
Data Analysis and Interpretation
It raises questions that test the mathematical skills of the candidates in relation to various statistics. Candidates will be tested by this section for their ability to perform analysis based on data.
English‌ Language‌
Candidates are asked questions to test their proficiency in the English language. Questions include Reading Comprehension, Close Test, Sentence Arrangements, Sentence Corrections, Jumbled Sentence. Good marks can be scored by mastering grammar, vocabulary, antonyms and synonyms.
Quantitative aptitude
This section contains questions that test the logical analysis skills of the candidates. Candidates should focus on Simplifications, Simple and Compound Interest, Number Series, Time and Work, Data Sufficiency, Combination and Allegations.
General Awareness
Questions related to Banking, Economy, RBI Functions, GDP, GNP, NDP / NNP, and other financial and finance sectors. Most likely to ask questions on national and international topics. There will be questions on current affairs, developments over the past 5 or 6 months, central government schemes, decisions taken by financial institutions, eminent personalities, contributions, sports, and other priorities, including the Olympics.
Candidates should also study the 2021 Union Budget, 2020–21 Economic Surveys along with the latest Current Affairs.
Preparation‌
The online test will be conducted on September 4. I mean .. there is only a week left for the exam. Candidates should focus mostly on revision of highlights during this time.
Candidates preparing for the ► Banking ‌ exams already have an understanding of the syllabus topics. Now it is sufficient to continue the revision in accordance with the examination date.
► Anxiety, without stress .. Bank‌ exam past question papers, model tests, mock tests should be practiced.
If selected
Selected candidates will be trained through Post Graduation Diploma in Banking and Finance (PGDBF). The course fee is three and a half lakhs. Eligible candidates can apply for a loan from IDBI. Candidates are required to submit a three-year service bond upon joining the course.
Selected candidates will be paid Rs.2500 / – per month during the training period (nine months). Ten thousand rupees per month during the internship period (three months).
Those who successfully complete the PGDBF course will be recruited as Assistant Manager Manager Grade. Their salary range is Rs.36000 – Rs.63840. There are other allowances and facilities.
Website for full details‌: www.idbibank.in
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