Showing posts with label BANKING MATERIAL. Show all posts
Showing posts with label BANKING MATERIAL. Show all posts

Complete SBI PO Examination Study Plan 2018

SBI PO Study Plan 2018
Hello students as you all know SBI has released the official notification for SBI PO recruitment 2018 and exam dates of SBI PO 2018 are already out and you all must have already started your preparations for the SBI PO Examination 2018. As the preliminary examination of SBI PO 2018 is going to take place in July so it is the crucial time to put your all efforts to crack this exam as the competition is going to be really hard-hitting. Candidates you still have two months for the preparations so don’t lose your hope; have a positive attitude and work hard to hit your goals. For helping you out in this crucial time we are providing you a study plan which is a weekly based study plan and is going to help you in scheduling and managing your time.
As in any exam there are different requirements for the different sections because there are some topics which require more time and some topics are those which want less time so we have to plan our time table according to these topics. As we have not extra time to waste on the unnecessary things so it’s better to well plan your schedule and study according to this. 

So in this article we are providing you a study plan which is a weekly based study plan and this will help you in dividing your topics weekly wise and to prepare them according to the time they required. So you have no need to look here and there just do not waste your time, adhere to the study plan and you will surely be able to achieve your goals. This plan is prepared as a result of analysis of SBI PO 2016 and 2017 examinations.
SBI PO STUDY PLAN 2018

Study Plan for SBI PO 2018
WEEK
REASONING
QUANT APTITUDE
ENGLISH
First Week

Distribution/ Comparison based Puzzles(2-3 Variables),
Direction and Distance,
Order and Ranking, Blood Relations
DI (Bar Graph, Pie Chart), Number Series, Simplification, Approximation
Quadratic Equations, Percentage, Ratio and Proportion, Partnership
Reading Comprehension, Cloze Test, Error Detection, Sentence Improvement, Idioms and Phrases
Second
Week
Box and Floor Puzzles (1-2 Variables), Coding-Decoding, Data Sufficiency
DI (Line Graph, Tabular), Number Series, Simplification, Approximation
Quadratic Equations, SI and CI, Average, Time, speed and distance
Reading Comprehension, Cloze Test, Error Detection, Sentence Completion
Third
Week
Linear Arrangement(Direction- Same/Opposite, North/South; 1-2 Variables), Syllogisms
DI (Caselet, Bar Graph+ Tabular), Number Series, Simplification, Approximation
Quadratic Equations, Mixture and Alligation, Time and Work, Pipes and Cisterns
Reading Comprehension, Cloze Test, Error Detection, Fillers(Single/Double)
Fourth
Week
Circular/Square/Rectangular Arrangements(Direction-Inward/Outward; 1-2 Variables), Machine Input-Output, Inequalities
DI (Bar Graph + tabular, Pie Chart + Tabular, Line Graph + Tabular), Number Series, Simplification, Approximation
Quadratic Equations, Problems On Age, Problems On Trains,
Reading Comprehension, Cloze Test, Error Detection, Sentence Rearrangement
Fifth
Week

Mixed Puzzles, Alpha Numeric Sequences, Critical Reasoning
DI (Bar Graph, Pie Chart), Number Series, Simplification, Approximation
Quadratic Equations, Boat and Stream, Permutation and Combination, Probability
Reading Comprehension, Cloze Test, Error Detection, Sentence Connectors
6th & 7th
Week
Mock Test
  Mock Test
Mock Test

 As you all have prepared according to the study plan, now it is the time for evaluation. Self evaluation is very important; if you will self evaluate yourself then only you will come to know your weak as well the strong points. Last 10 to 15 days are very crucial, in this period you should evaluate yourself by solving the previous year question papers and give a final touch to every topic, because if you will not give a review to the learnt topics then they will be washed away because most of the topics which you have not given a review fades away with the time. So it is good to give a fresh look to every topic and work on your weak points and strengthen your strong points.
In these crucial days just go through the SWOT Analysis. SWOT stands for (Strength, Weaknesses, Opportunities, and Threats). This will help you in building your self confidence which is a key to get the success in any field. Let us explain this strategy in brief.

S stands for Strengths:  go through the topics and evaluate yourself that in which topics you have a strong hand and prepare them well and make them an instrument for the fight.  Learn these topics on your fingers so that you can attempt such type of questions in the exam with full accuracy. In simple words you can say just work on your strengths.
 W stands for Weaknesses: work on the topics, in which you are weak, practice them more frequently and try to improve your command on these topics.
O stands for Opportunities:  utilize the opportunities at a right time, this means that the topics in which you have a strong hand try to attempt those in the exam with more accuracy and in less time. This will help in saving your time for the other questions.
T stands for Threats:  this means to say that stay away from the threats such as the negative marking threat. Focus on the quality of the answered questions not on the quantity. Try to attempt the maximum questions with accuracy. Leave the questions in which you have any doubt. Attempting the doubtful questions can ruin your dream of becoming a banker.
 Use these all strategies to achieve your goals. Best of luck students!!!

TYPES OF BANK ACCOUNTS IN INDIA GENERAL AWARENESS STUDY NOTES FOR BANK EXAMS

TYPES OF BANK ACCOUNTS IN INDIA

GENERAL AWARENESS STUDY NOTES FOR BANK EXAMS
TYPES OF BANK ACCOUNTS IN INDIA  GENERAL AWARENESS STUDY NOTES FOR BANK EXAMS
You know that BANKING AND GENERAL AWARENESS section is most important in bank exams in PO and Clerk and for other competitive exam. If you want good score in bank exam then you have to score good in general awareness section. The questions in this section given from current affairs and static GK form Indian banking System. So we are providing the static GK (banking GK) for bank exams. It will be very helpful in exam, you should study General Awareness from www.GovtJobsPortal.in, stay updated as well as prepare for General Awareness or banking section which is given in BANK EXAM SBI AND IBPS. Today’s topic is TYPES OF BANK ACCOUNTS IN INDIA. This is the one of the most important topic in general awareness section in bank exam. There are very frequent questions from this part asked in many exams earlier. Just have an overview and read it carefully, it will be helpful in exam.
TYPES OF BANK ACCOUNTS IN INDIAN BANKS
a)     Savings Bank Account
b)     Current Deposit Account
c)      Fixed Deposit Account
d)     Recurring Deposit Account.
e)     FCNR Deposit Account
f)       NRO Account
g)     NRE Account
Savings Bank Account in India
This type of account can be opened with a minimum initial deposit that varies from bank to bank. Money can be deposited any time in this account. Withdrawals can be made either by signing a withdrawal form or by issuing a cheque or by using ATM card. Normally banks put some restriction on the number of withdrawal from this account. Interest is allowed on the balance of deposit in the account. The rate of interest on savings bank account varies from bank to bank and also changes from time to time. A minimum balance has to be maintained in the account as prescribed by the bank. Interest rate is paid to the account holders on daily balance basis.
Current Deposit Account
This type of bank account used to save current deposits. Big businessmen, companies and institutions such as schools, colleges, and hospitals have to make payment through their bank accounts. Since there are restrictions on number of withdrawals from savings bank account, that type of account is not suitable for them. They need to have an account from which withdrawal can be made any number of times. Banks open current account for them. On this deposit bank does not pay any interest on the balances. Rather the account holder pays certain amount each year as operational charge. For the convenience of the account holders banks also allow withdrawal of amounts in excess of the balance of deposit. This facility is known as overdraft facility.
Features of Current Accounts :
 (a) The main objective of Current Account holders in opening these account is to enable them (mostly businessmen) to conduct their business transactions smoothly.
(b) There are no restrictions on the number of times deposit in cash / cheque can be made or the amount of such deposits;
(c)  Usually banks do not have any interest on such current accounts.   However, in recent times some banks have introduced special current accounts where interest (as per banks' own guidelines) is paid
(d) The current accounts do not have any fixed maturity as these are on continuous basis accounts
Fixed Deposit Account (also known as Term Deposit Account)
This type of bank account in India used to save money for long period. Many a time people want to save money for long period. If money is deposited in savings bank account, banks allow a lower rate of interest. Therefore, money is deposited in a fixed deposit account to earn interest at a higher rate.
Recurring Deposit Account
This type of account is suitable for those who can save regularly and expect to earn a fair return on the deposits over a period of time. While opening the account a person has to agree to deposit a fixed amount once in a month for a certain period. The total deposit along with the interest therein is payable on maturity. However, the depositor can also be allowed to close the account before its maturity and get back the money along with the interest till that period. The rate of interest allowed on the deposits is higher than that on a savings bank deposit but lower than the rate allowed on a fixed deposit for the same period.
NRO Deposit Account
NRO stand for Non Resident Ordinary saving account
The Non Resident Ordinary Account (NRO Account) is a Savings / Current. Recurring Deposit / Fixed Deposit bank account held in India, in Indian Rupees. NRO account is opened by any person resident outside India only who want to earn attractive rate of interest in India and also have some earnings in India (such as rent income, dividend, pension, etc).This account is best suited for NRI or PIO who have some earnings in India as these earnings are deposit in NRO account .NRO account is only operated in Indian currency only .Average monthly balance in NRO saving account is Rs1,50,000. NRIs can remit up to 1 million per calendar year. Banks are free to determine their interest rates on savings deposits under Ordinary Non-Resident (NRO) Accounts. However, interest rates offered by banks on NRO deposits cannot be higher than those offered by them on comparable domestic rupee deposits
NRE Account
NRE stands for Non Resident External Account. The Non Resident External Account (NRE Account) is a Savings / Current. Recurring Deposit / Fixed Deposit bank account held in India, in Indian Rupees. Such accounts can be opened only by the NRI. Balances held in NRE account are fully repairable. With effect from March 1, 2014, interest rates offered by banks on NRE deposits cannot be higher than those offered by them on comparable domestic rupee deposits 
Notes: 
a) Minimum age to open a bank account is now 10 years.
b) Maximum Interest rate is given on FD A/c.
c) The maximum period of an FD is 10 years & for RD is 5 years.

To read more study notes CLICK HERE

Time, Work and Wages Problems For Bank Exam - Work and wages Concept and Shotcut

Time, Work and Wages Problems For Bank Exam

Quantitative Aptitude Study Notes for Bank Exam
Complete work and wages concept
work and wages Shortcut
You know that quantitative aptitude section is most important in bank exams in PO and Clerk and for other competitive exams because if you want good score in bank exam then you have to score good in math's. In competitive exams the most important thing is time management, if you know how to manage your time then you can do well in Bank Exams as well as in other competitive exams. That’s where maths shortcut tricks and formula are comes into action. 
Time, Work and Wages Problems For Bank Exam

So continuously we are providing shortcut tricks on different maths topics. Today’s topic is time and wages problems for bank exam. This is the one of the most important topic in quantitative aptitude section in bank and SSC exam. You should know how to solve time and wages questions in very short time for bank exam. From this chapter around 1-2 questions are given in the SBI and IBPS exams. For this here we are providing shortcut tricks and quicker method to solve time, work and wages problems in very short time. This topic is similar to the time and work problems topic but the only difference is that in this topic we will also find out wages of the workers according to their time for that particular work. Time and wages formulas: If ‘M1’ persons can do ‘W1’ work in ‘D1’ days and ‘M2’ persons can do ‘W2’ work in ‘D2’ days then we have a very special general formula in the relationship of M1 D1 W2 = M2 D2 W1.

Time and Work Problems For Bank Exam

Time and Work Problems For Bank Exam

Quantitative Aptitude Study Notes for Bank Exam
Time and Work Problems For Bank Exam
You know that quantitative aptitude section is most important in bank exams in PO and Clerk and for other competitive exams because if you want good score in bank exam then you have to score good in maths. In competitive exams the most important thing is time management, if you know how to manage your time then you can do well in Bank Exams as well as in other competitive exams. That’s where maths shortcut tricks and formula are comes into action. So continuously we are providing shortcut tricks on different maths topics. Today’s topic is time and work problems for bank exam. This is the one of the most important topic in quantitative aptitude section in bank and SSC exam. You should know how to solve time and work questions in very short time for bank exam. From this chapter around 1-2 questions are given in the SBI and IBPS exams. For this here we are providing shortcut tricks and quicker method to solve time and work problems in very short time. Before going to solve questions for time and work, we study little bit about basics and formulas for time and work. If ‘M1’ persons can do ‘W1’ work in ‘D1’ days and ‘M2’ persons can do ‘W2’ work in ‘D2’ days then we have a very special general formula in the relationship of M1 D1 W2 = M2 D2 W1. The above relationship can be taken as a very basic and all-in-one formula. We also derive:

Compound Interest Problems For A Bank Exam

Compound Interest Problems For A Bank Exam

 Quantitative Aptitude Study Notes for Bank Exam
Compound Interest Problems For A Bank Exam
You know that quantitative aptitude section is most important in bank exams in PO and Clerk and for other competitive exams because if you want good score in bank exam then you have to score good in maths. In competitive exams the most important thing is time management, if you know how to manage your time then you can do well in Bank Exams as well as in other competitive exams. That’s where maths shortcut tricks and formula are comes into action. So continuously we are providing shortcut tricks on different maths topics. Today’s topic is Compound Interest. This is the one of the most important topic in quantitative aptitude section in bank and SSC exam. You should know how to compound interest problems in very short time for bank exam. From this chapter around 1-2 questions are given in the SBI and IBPS exams. For this here we are providing shortcut tricks and quicker method to solve compound interest problems in very short time.  Interest is the money paid by the borrower to the lender for the use of money lent. The sum lent is called the principal. Interest is usually calculated at the rate of so many rupees for every Rs 100 of the money lent for a year. This is called the rate per cent per annul.