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IBPS PO 2017 NEWS

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Know IBPS PO Benefits, Exam Pattern & Preparation Tips

Last Updated - October 04, 2016

As one of the most sought after job profiles in the country, IBPS PO tests candidates analytical skills along with their ability to solve complex problems in minimal time. Candidates aspiring for IBPS PO 2016, are required to pay an equal amount of attention to each topic. Providing not just job security but it also ensures future growth prospect and flexible office timings. In Public Sector banks, the posts are divided into two, namely, the officer posts and clerical posts.  PO (Probationary Officer) Post and (SP) Specialist Officer Posts comes under the officer level posts.

With the growing interest of Indian youth towards Public Sector Job oppurtunities, the exam is attempted by lakh of students, every year. The recent recruitment trends show that the position of Probationary Officer (PO), which is attained after achieving successful results in IBPS, is the one aspirants prefer the most.  The job responsibility of a Bank PO involves looking after smooth operations of branch functioning, such as credit and debit, loan sanctions and forex.

For selection of these jobs, IBPS PO is conducted for the shortlisting to different posts. IBPS PO (Institute of Banking Personnel Selection Probationary Officer exam) is an exam which is conducted for selection of Probationary Officer/Management Trainee in various participating public sector banks. The IBPS PO is a national level examination which is conducted by the Institute of Banking Personnel (IBPS). It a two tier entrance examination i.e. Preliminary Examination and Main Examination. IBPS PO Application Process is a one-time online process to apply for the examination.

Read More About IBPS PO Preparation

Benefits of attempting IBPS PO Exam

  1. If you become a probationary officer (PO) in a bank, you get lot of growth opportunities for professional growth. You don’t get streamlined like a specialist officer and hence there are more options for career growth. Also, the added advantage to a PO job is that you can get a posting, abroad. With the added benefits, you get an opportunity to get a transfer out of India.
  2. Another perquisite offered to a bank PO is in the form of residential accommodation. Travel allowance and medical insurance also includes the paybacks, if you appear for IBPS exam. As far as medical insurance is concerned, the job offers 100 per cent cover for the employee's medical insurance and 75 per cent cover for the family's medical insurance.
  3. If we talk about pay scale of Bank PO, you surely won’t get disappoint on this as a sound amount of money acts as a remuneration and the increments are lined up right after the joining. 
  4. Allowances are the best, which a Bank PO can get, there are innumerable allowances which a bank PO is entitled to. They are mentioned as following:
  • Dearness Allowance
  • Special Allowance
  • House Rent Allowance
  • City Compensatory Allowance
  • Travelling Allowance
  1. Probationary officer can also shift from a nationalized bank to a private bank, as a nationalized bank officer has a great demand in private sector banks. They can easily draw 2-3 times more salary on transfer.

Read More About IBPS PO Selection Process

Details about IBPS PO Exam

Bank POs are recruited through a two stage written exam that is, the IBPS PO prelims examination and the IBPS PO mains examination followed by an interview round. IBPS PO Registration is a one-time online process to apply for the examination. Candidates are advised to download their IBPS Admit card (Pre-exam Training) before October 08, 2016. IBPS Preliminary Examination is scheduled to take place on three dates i.e. October 16th, October 22nd and October 23rd, 2016. The candidates who will clear Preliminary Examination stands eligible for giving IBPS PO- Main Examination.

Also Read About  IBPS PO Application Form

IBPS PO Exam Pattern

IBPS preliminary examination comprises of 100 multiple choice questions in total. The time duration to complete the exam is 1 hour (60 minutes). The medium of examination for General English section is English, however, it is English and Hindi for the other sections. The major highlights about the preliminary examination of IBPS PO exam is given in the table below:

Section

English

Quantitative Aptitude

Reasoning

Total

Number of Questions

30 Questions

35 Questions

35 Questions

100 Questions

Marks

30 Marks

35 Marks

35 Marks

100 Marks

Medium

English

English & Hindi

Expected Minimum Cut off

8 Marks

12 Marks

8 Marks

40 Marks

Read More About IBPS PO Exam Pattern

Preparatory Books for Cracking IBPS PO Exam

The books can be of great help sometimes! Here, we will provide you some help by referring preparatory books to benefit you in preparing well for the exams. These books will certainly aid you to score good in the exam. Following is the list, section wise:

Read About IBPS PO Syllabus

Books for Reasoning Section:

  • A Modern Approach to Verbal & Non-Verbal Reasoning (Revised Edition) - R.S Agarwal
  • Comprehensive Guide to IBPS-CWE Bank PO (English) 3rd Edition- Disha Publications
  • A new Approach to Reasoning Verbal and Non-Verbal 2nd Edition- Indu Sijwali & B.S. Sijwali

Books for Qualitative Analysis:

  • Quantitative Aptitude by RS Aggarwal

  • The Complete Success Package – Bank PO Recruitment Examination (English) 7 – Arihant Publications

Books for English Language & General Awareness:

  • Essential English grammar by Murphy
  • Target IBPS-CWE Bank PO/ MT Exam Practice Workbook with CD (3rd English edition) – Disha Publication

Also Check IBPS PO Admit Card

Some of the best websites (online resources) for IBPS PO Preparation are:

  • Practice Questions - Aptitude Questions and Answers (India Bix Website)
  • Video Lectures - VIDYA GURU Institute Youtube Channel. Their videos will really help you with a lot of shortcuts, tricks, grammar, vocabulary etc.
  • Online Test Series - Leader in Test Prep 
  • GK & Banking Awareness - GK & Current Affairs for IAS, UPSC, PCS, IBPS & SSC Exams 
  • English Vocabulary - Online vocab quizzes on Dictionary and Thesaurus | Merriam-Webster
  • Discussion Forum - PaGaLGuY

Read More About IBPS Results

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