Category Archives: Job Exams

RBI Preliminary And Main Exam Announced

RBI Announced the Vacancies for the post of ‘Assistant”.

Bank Name

Reserve Bank Of India

Post

Assistant

No. of Vacancies

610

Qualification

Graduation with 50% marks  (As on 7/11/2016)

Dates

7/11/2016 To 28/11/2016

Age Limit

20 To 28 Years  (As on 8/11/2016)

Exam

(Preliminary) 23rd And 24th Dec 2016 (Tentative)

(Main Examination) Jan 2017 (Tentative)

STAFF SELECTION COMMISSION RECRUITMENT (2016)

Post No. of Vacancies Qualification Dates Age limit

Constable(Exe)

MALE

3115

12th Pass

10th September 2016   To  10th October 2016

18 To 21 Year

(As on 1/7/2016)

Constable (Exe)

FEMALE

1554

12th Pass

 10th September 2016   To  10th October 2016

18 To 25 Years

(As on 1/7/2016)

The Date of Computer based Exam is  04/03/2017.

Online Application will be Accepted at http://ssconline.nic.in

OR

For more details about SSC Exam check http://ssc.nic.in

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BANK OF MAHARASHTRA RECRUITMENT 2016

BankPO

Bank Name
Post
No. of vacancies
Qualification
Dates
Age limit

Bank of Maharashtra

Probationary officers in JMGS – 1 (PGDBF) 500 Post Graduate Diploma in Banking & finance 12.08.2016

To

06.09.2016

18 To 30

( As on 1/7/2016)

Bank of Maharashtra

Clerical Cadre

(Non – Conventional)

200 Any Graduate 12.08.2016

To

06.09.2016

18 To 28

( As on 1/7/2016)

There will be negative marks for the wrong answer in the objective Tests. 0.25 Marks will be deducted for each wrong answer. Candidates will have to pass in each subject of the objective tests.

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for Bank PO & Bank Clerk

IBPS (CWE CLERKS – VI) EXAM 2016

2016 IBPS CLERKS – VI EXAM will be held in 2 stages Preliminary  and Mains similar to IBPS PO Exams.

The tentative schedule of events is as follows:

Activity

Tentative Dates

Online registration including Edit/ Modification of Application by candidates

22.08.2016 to 12.09.2016

Payment of Application Fees/ intimation charges (Online)

22.08.2016 to 12.09.2016

Download of  call letters for Pre-Exam Training

25.10.2016 to 07.11.2016

Conduct Pre- Exam Training

07.11.2016 to 12.11.2016

Download  of call letters for online examination – Preliminary

18.11.2016

Online Examination – Preliminary

26 & 27.11.2016, 03.12.2016 & 04.12.2016 ( if Required)

Result of Online Exam – Preliminary

December 2016

Download of call letter for Online Exam – Main

December 2016

Online Examination – Main

31.12.2016 & 01.01.2017

Provisional Allotment

April 2017

No. of Vacancies   :  19,243

Age limit                    :   20 to 28 Years (As on 01.08.2016)

Qualification          :  Graduation

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RESERVE BANK OF INDIA VACANCIES FOR ‘B’ GRADE OFFICERS

POST

NO. OF VACANCIES QUALIFICATION DATES AGE LIMIT EXAM DATES

Officers in Grade ‘B’

(General)

163

60% marks in Graduation as well as in 12th and 10th Standard Exam. 18.07.2016

To

09.08.2016

 

21 to 30 years

(As on 01.07.2016)

Phase   I

4th Sept 2016

 

For more details about RBI Exam check www.rbi.org.in

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IBPS EXAM FOR PO VACANCIES (PROBATIONARY OFFICER)

 

POST

NO. OF VACANCIES QUALIFICATION DATES AGE LIMIT

EXAM DATES

PO/MT-VI

8822 Graduation

(AS on 13.08.2016)

26.07.2016 to 13.08.2016 20 to 30 years

(As on 01.07.2016)

(Preliminary)

16th, 22nd &23rd Oct 2016.

(Main exam)

20th Nov 2016.

 

Interview  :    Jan – Feb 2017.

Provisional Allotment  :  April 2017

For more details about IBPS exam check www.ibps.in

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REVISED SCHEME OF EXAMINATION S.S.C (STAFF SELECTION COMMISSION)

As per the notice of combined Graduate Level Examination, 2016 published on 13.02.2016 on Staff Selection Commission’s website as well as Employment news/ Rozgar samachar.

The number of Questions is 100 which would carry 200 marks. The duration of the examination would be for 75 minutes. It is computer based examination mode in place of OMR based examination mode. It is scheduled to be held from 27th AUGUST, 2016.

Accordingly, the revised scheme of examination is detailed below.

imp doc

There will be negative marking of 0.50 for each wrong answer.

The candidates will have the option to choose any one medium. The details are given below under.

Tier
Mode of Examination
Scheme of Examination
Marks
Time

3.

Pen and Paper Mode Descriptive Paper in English / hindi

(Writing of essay/Precis/ Letter/ Applications Writing etc.)

 

Total Marks 100 60 Minutes

 

For VH and candidates suffering from cerebral Palsy:80 Minutes.

4.

Data Entry Skill Test (DEST) / Computer Proficiency Test (CPT)

(Wherever Applicable)

Same as Published in the Notice of Examination Qualifying Same as Published in the Notice of Examination

There will be no sectional cut-off.

 

SBI Recruitment for Junior Associate (Support/Sales) and Junior Agriculture Associate

SBI has vacancy for 19,000+ Junior positions to be filled.

Candidates will be recruited from SBI Clerical Exam held in May/June 2016.

Last date to fill up online forms is 25th April 2016.
Selection Procedure:

The selection process will consist of on-line test (preliminary & main examinations), test of official and/or local language and subject to Government of India approval, interview

Phase-I : Preliminary Examination:

Preliminary Examination consisting of Objective Tests for 100 marks will be conducted online. This test would be of 1 hour duration consisting of 3 Sections as follows:

SL. Name of test No. of Questions Marks
1. English Language 30 30
2. Numerical Ability 35 35
3. Reasoning Ability 35 35

Total 100

Candidates have to qualify in each of the three tests by securing passing marks to be decided by the Bank. Adequate number of candidates in each category as decided by the Bank (approximately 20 times the numbers of vacancies subject to availability) will be short listed for the Main Examination.

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Phase – II: Main Examination:

The structure of main examination (online objective type) would be as follows :

SL. Name of test No. of Questions Marks Duration
1. General/Financial Awareness 50 50 35 minutes
2. General English 40 40 35 minutes
3. Quantitative Aptitude 50 50 45 minutes
4. Reasoning Ability & Computer Ability 50 60 45 minutes
  Total 190 200 2 Hours 40 minutes

 

Click Here to take Bank Clerical free practice test online on www.prexam.com and know your weak areas and improve your performance

Each test will have separate timing as mentioned above. The questions in objective tests, except for the test of General English, will be bilingual i.e., English &Hindi. The candidates are required to qualify in each of the Tests by securing passing marks, to be decided by the Bank. There will be negative marks for wrong answers in the Objective tests. 1/4th mark will be deducted for each wrong answer. Candidates will have to pass in each of the objective tests. The passing marks in each of the tests will be decided by the Bank on the basis of the performance of all the competing candidates taken together in each test to a minimum required level. Candidates are also required to score a minimum percentage marks on aggregate (For SC/ST/OBC/PWD/XS candidates, 5% relaxation available thereon). Minimum percentage marks on aggregate will be decided by the bank. NOTE: Other detailed information regarding the examination will be given in the ‘Acquaint Yourself’ booklet, which will be made available to the eligible candidates along with the call letter for the test.

Phase – III: Interview(subject to Govt. of India approval)

Candidates qualified in the test (main examination) will be placed according to their marks in descending order in respective categories. Depending upon the number of vacancies only certain number of candidates from amongst those who qualify by ranking high enough in the merit will be called for interview in the ratio of maximum 3 candidates for each vacancy. Candidates are required to score a minimum percentage marks (to be decided by the bank) in interview to be considered for final selection. 5% relaxation for SC/ST/ OBC/PWD/XS category will be available thereon. Note: Interview call letters will be uploaded on the Bank’s website after declaration of result of online test. Candidates will have to download the same from our website. No hard copy of interview call letter will be sent by post. Test of knowledge of official and/or local language: Those who produce 10th standard mark sheet/certificate evidencing having studied official (local) language will not be subjected to any Language test. In case of others, language test will be conducted at the time of interview (if interview is held) /before final selection (if interview is not held). Candidates not found to be proficient in official and/or local language would be disqualified. Final Selection The marks obtained in the Preliminary Examination (Phase-I) will not be added for the selection and only the marks obtained in Main Examination (Phase-II) will be added to the marks obtained in Interview (Phase-III) (if interview is held) for preparation of the final merit list. Final selection will be made on the basis of candidate’s performance in the test (main examination) and interview (if interview is held) taken together. Results of the candidates who have qualified for Interview and the list of candidates finally selected will be made available on the Bank’s website. Final select list will be published in Employment News/ RozgarSamachar.

 ELIGIBLITYCRITERIA:

(A) Essential Academic Qualifications: (AS ON 30.06.2016)

(i) For Junior Associates: Graduation in any discipline from a recognised University or any equivalent qualification recognised as such by the Central Government.

(ii) For Junior Agricultural Associates : Graduation in Agriculture or Agriculture allied activities from a Government recognised university/Institute. Those who are in the final Semester/ year of Graduation may also apply provisionally subject to the condition that, if called for interview/joining, they will have to produce proof of having passed the Graduation Examination on or before 30.06.2016. Candidates having integrated dual degree (IDD) certificate should ensure that the date of passing the IDD is on or before 30.06.2016.

 Note

(a) The date of passing eligibility examination will be the date appearing on the mark sheet or provisional certificate issued by the University / Institute. In case the result of a particular examination is posted on the website of the University / Institute, a certificate issued by the appropriate authority of the University / Institute indicating the date on which the result was posted on the website will be taken as the date of passing.

(b) Matriculate Exservicemen, who have obtained the Indian Army Special Certificate of Education or corresponding certificate in the Navy or Air Force, after having completed not less than 15 years of service in Armed Forces of the Union are also eligible for the post. Such certificates should be dated on or before 30.06.2016.

(c) Candidates should be able to write and speak English.

 

(B) Age Limit :(As on 01.04.2016)

Not below 20 years and not above 28 years as on 01.04.2016 i.e candidates must have been born not earlier than 02.04.1988 and not later than 01.04.1996 (both days inclusive)

For more details, refer to advertisement published by SBI at :https://www.sbi.co.in/portal/documents/44978/143453/Final+Advt+Clerical+05-04-2016-17.pdf/c77e79a7-b0ad-49a2-9b42-bf4ec584412c

 

What is Compound Interest?

What is ‘Compound Interest’

Compound interest is interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan. Compound interest can be thought of as “interest on interest,” and will make a deposit or loan grow at a faster rate than simple interest, which is interest calculated only on the principal amount. The rate at which compound interest accrues depends on the frequency of compounding; the higher the number of compounding periods, the greater the compound interest. Thus, the amount of compound interest accrued on $100 compounded at 10% annually will be lower than that on $100 compounded at 5% semi-annually over the same time period. Compound interest is also known as compounding.

Question:

A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is:

A. Rs. 120

B. Rs. 121

C. Rs. 122

D. Rs. 123

Explanation:

amount