Staff Selection Commission (SSC) Exam + Banking

SSC CGL 2020 eligibility criteria varies as per the post applied by the candidate. However, given below is the basic criteria that candidates need to fulfill in order to meet SSC CGL eligibility:

• A candidate must be either a citizen of India, a person of India origin, subject of Nepal/Bhutan, or a Tibetan refugee
• A candidate should be between 18 and 30 years in age
• A candidate should complete bachelor’s degree from a recognised university or institute

SSC CGL selection process includes the following stages/tiers:

• Tier-I: SSC CGL tier-I is a computer-based exam that contains objective-type Multiple Choice Questions (MCQs) of 200 marks. Candidates clearing the tier-I paper are called to appear for tier-II exam.
• Tier-II: SSC CGL tier-II is again a computer-based exam that is divided into four papers. Each paper contains 100 MCQs of 200 marks. Candidates clearing the tier-II exam are called to appear for tier-III paper.
•  Tier-III: SSC CGL tier-III is a pen-and-paper based exam that is descriptive in nature. Candidates clearing the tier-III exam need to appear for the next stage – tier-IV.
• Tier-IV: In tier-IV, either computer proficiency test, skill test or document verification is conducted as per the post applied by the candidate. Candidates clearing this stage of the exam are finally allotted Group-B and C posts in various ministries/ departments/ organisations of the Government of India.

Essentially the recruitment in bank sector happens at the following levels:

Bank Probationary Officer (Bank PO): This is a managerial position in a bank. After the essential 1 to 2-year training, candidates are designated as Assistant Managers (AM) or Deputy Managers (DM). Starting Salary as a Bank PO ranges from Rs. 30,000 - Rs. 40,000, depending upon bank to bank and location of posting.

Bank Clerks: As the name suggests, this is a clerical position in the bank and this can be considered as entry level job in a bank. Salary of a Bank Clerk is generally in the range of Rs. 20,000-25,000 depending on bank to bank and posting location.

Specialist Officers (SO): Banks also hire candidates for specialist profiles like – IT Officer, HR Officer, Marketing Officer, Finance Officer, Law Officer, Agriculture Officer etc. Usually, the grade and the starting salary of Specialist Officer is in the same range as Probationary Officers.

Every year, government banks recruit more than 1,00,000 candidates for various roles. So in the terms of the employment in government sector, Banking is the most lucrative sector to grab a government job.

Following banks are the main bank which are recruiting regularly over the years – State Bank of India, Reserve Bank of India, NABARD, SIDBI PSU Bank: Allahabad Bank, Andhra Bank, Bank of India, Bank of Baroda, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Dena Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab & Sindh Bank, Punjab National Bank, Syndicate Bank, UCO Bank, Union Bank of India, United Bank of India, Vijaya Bank, IDBI Bank, BharatiyaMahila Bank.

IBPS PO: It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Probationary Officers. IBPS Clerk: It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Clerical Cadres.

IBPS Specialist Officers (IBPS SO): It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Specialist Officers like Marketing Officer, IT Officer, HR Officer etc.

IBPS Regional Rural Bank Exam: Institute of Banking Personnel Selection (IBPS) conducts a common written exam for all the Regional Rural Banks of India (RRBs) for the posts of Probationary Officer, Clerical and Specialist Officers.

SBI Probationary Officer: State Bank of India conducts its own exam for recruitment of Probationary Officers.

SBI Clerk: State Bank of India conducts its own exam for recruitment of Clerical Cadres.

RBI Grade B Exam: Reserve Bank of India recruit officers (Grade B) through an All India exam. Through, there are very few jobs in this, but working with RBI has its own benefits and future prospects.

RBI Assistants Exam: RBI recruits Clerical Cadres through an All India exam. Again, a job in RBI is considered very prestigious.

Recruitment in government banks is generally done in three stage recruitment process. First two phases are written test, which are called Pre and Main; and last stage is the interview process. Shortlisting of candidates is done at each stage – Pre, Main and Interview.

Final merit list is prepared on the basis of marks in Mains and Interview (weightage: 80% Written Test & 20% Interview).

Written tests in bank exams generally ask questions to test the General Aptitude of the candidates. In Prelims, 100 questions are asked from three different sections – Quantitative Aptitude (35 Questions), Reasoning Ability (35 Questions), English Language (30). While in the Mains exams, 200 questions are asked covering Quantitative Aptitude, Reasoning Ability, English Language, General Awareness and Basic Computer Knowledge.

Syllabus of all above sections is given below:

Quantitative Aptitude:

Number Systems, Ratio & Proportion, Percentage & Averages, Profit & Loss, Mixtures &Alligations, Simple Interest & Compound Interest, Surds & Indices, Time & Distance, Mensuration – Cylinder, Cone, Sphere, Sequence & Series, Permutation Combination & Probability, Quadratic Equations, Data Interpretation.

Reasoning Ability :

Sitting Arrangements, Tabulation, Logical Reasoning, Syllogism, Input Output, Coding Decoding, Alphanumeric Series, Ranking / Direction / Alphabet Test, Data Sufficiency, Coded Inequalities, Non Verbal Reasoning.

English Language :

Reading Comprehension, Cloze Test, Error Spotting, Sentence Correction, Para Jumbles, Vocabulary, Multiple Meaning Words, Paragraph Completion and New Pattern Questions of various types.

Computers :

Number System, History of computers, Hardware, Software, Database (Introduction), Communication (Basic Introduction), Networking (Lan, Wan), Internet (Concept, History, Working Environment, Application), Security Tools, Virus, Hacker, MS Windows & MS Office, Logic Gates.

Current Affairs:

Banks in NEWS, Economy based current affairs, Business NEWS, Agreements, New Appointments, Visits, Government Schemes, Awards and Honors, Summits, Committees, National and International, Obituaries, Reports and Indexes, Books and Authors, Defense, Sports.

Banking:

RBI, Function of RBI, Banking Abbreviations, Banking Regulation Act 1949, Policy Rates, Types of Accounts, NEGOTIABLE INSTRUMENTS ACT 1881, BANKING OMBUDSMAN SCHEME 2006, FINANCIAL INCLUSION, PRIORITY SECTOR LENDING, MONEY MARKET INSTRUMENTS, Capital Market