In today’s world, banks have become an indespensible part of our daily lives. They have grown beyond their core functions and have their presence in almost every aspect of our lives. Banks were orginally designed to be providers of loans to people for personal or business use and to safeguard the money of individuals and corporates. Over a period of time, banks have not only executed their core functionalities but also helped better our lives by rendering us a wide range of services like exchange of foreign currency, investment banking, mutual funds, insurances, demat services ,online trading of shares etc.
Given the higher pay packages, thanks to the sixth pay commission and the perceived risk in the private sector due to recession, the number of candidates appearing for the banking recruitment exams has increased.
The last SBI PO exam had about 15 lakh aspirants for 1700 jobs. So, intensive preparation is a must. Secondly, it is an exam that is based primarily on speed. Strong concepts , high accuracy and speed are the keys to cracking this exam. The SBI PO exam has 200 questions to be solved in 120 min, i.e. 36 seconds per question on an average. The IBPS PO exam has 250 questions in 150 min, again 36 seconds per question . So work on speed calculations every day. Solving 20-30 problems for 30 minutes a day can improve your speed.
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