The full form of IBPS is the Institute of Banking Personnel Selection. IBPS is an autonomous agency that was established in 1984 as a Public Sector Unit (PSU) with the purpose of recruiting personnel for various public sector banks in India. It is headquartered in Mumbai, Maharashtra. It is owned by the Indian Banks Association (IBA). The main aim of IBPS is to assess the suitability of candidates for various positions in the banking sector in India.
What Are the Functions of IBPS?
IBPS is responsible for conducting various recruitment examinations for personnel selection in the banking sector. It is also responsible for conducting the Common Written Examination (CWE) for the recruitment for Probationary Officers and Clerks posts in various public sector banks in India. Additionally, it conducts examinations for the recruitment of Specialist Officers in public sector banks. It also conducts exams for the recruitment of Regional Rural Bank Officers in Regional Rural Banks.
Apart from conducting recruitment examinations, IBPS also provides various other services such as conducting Research Studies, Training and Development Programs, and Consulting Services. It also provides its services to organizations such as insurance companies and other co-operative banks.
What are the Different Examinations Conducted by IBPS?
IBPS conducts a wide range of examinations for the recruitment of personnel in the banking sector. These examinations include Common Written Examinations (CWEs), Common Admission Tests (CATs), Common Eligibility Tests (CETs), Common Interviews (CI), Common Proficiency Tests (CPT), Common Management Aptitude Tests (CMATs) and Common Banking Aptitude Tests (CBATs).
The Common Written Examination (CWE) is conducted for the recruitment of Probationary Officers and Clerks in public sector banks. The Common Admission Test (CAT) is conducted for the recruitment of specialist officers in public sector banks. The Common Eligibility Test (CET) is conducted for the recruitment of Regional Rural Bank Officers in Regional Rural Banks. The Common Interview (CI) is conducted for the recruitment of personnel in the insurance sector. The Common Proficiency Test (CPT) is conducted for the recruitment of personnel in the co-operative banking sector. The Common Management Aptitude Test (CMAT) is conducted for the recruitment of personnel in the management sector. Lastly, the Common Banking Aptitude Test (CBAT) is conducted for the recruitment of personnel in the banking sector.
How to Prepare for IBPS Examinations?
To prepare for the various examinations conducted by IBPS, candidates should go through the syllabus and exam pattern of the respective examination. They should also practice sample papers and mock tests to get acquainted with the exam pattern. Additionally, they should also refer to the study materials provided by the Institute of Banking Personnel Selection for the relevant examinations. They should also focus on current affairs related to banking, finance and economics.
What is the Eligibility Criteria for Appearing in IBPS Examinations?
The eligibility criteria for appearing in the various examinations conducted by IBPS varies from one examination to the other. Generally, the candidate should be a citizen of India and must have attained the minimum age of 21 years. Additionally, the candidate must possess the necessary educational qualifications as prescribed by the Institute of Banking Personnel Selection.
Conclusion
The Institute of Banking Personnel Selection (IBPS) is an autonomous agency established in 1984 with the purpose of recruiting personnel for various public sector banks in India. It is responsible for conducting various recruitment examinations such as Common Written Examination (CWE), Common Admission Test (CAT), Common Eligibility Test (CET), Common Interview (CI), Common Proficiency Test (CPT), Common Management Aptitude Test (CMAT) and Common Banking Aptitude Test (CBAT). To prepare for these examinations, candidates should go through the syllabus and exam pattern, practice sample papers and mock tests, and refer to the study materials provided by IBPS. Additionally, they should also focus on current affairs related to banking, finance and economics. The eligibility criteria for appearing in these examinations varies from one examination to the other.