Finance Ministry Announces Major Recruitment Reforms for IBPS, SBI & RRBs; Check Details Here
Finance Ministry has announced several reforms for streamlining recruitment examination. The reforms also aims to streamline the result declaration process. Scroll down to read more details.
Finance Ministry Announces Major Recruitment Reforms for IBPS, SBI & RRBs
Finance Ministry has announced several reforms for streamlining recruitment examination. The reforms also aims to streamline the result declaration process. This will be done for all the public sector banks recruitments including State Bank of India (SBI), Nationalised Banks and Regional Rural Banks. The Ministry seeks to enhance transparency in the examinations conducted by the Institute of Banking Personnel Selection.
This move was taken after a review by the Department of Financial Services (DFS) under Ministry of Finance. It has been observed by the Department that the newly recruited employees frequently shifts from RRBs to Nationalised Banks and then to SBI. This causes attrition and recruitment instability.
Timeline for Recruitment Results
DFS has asked the Indian Banks’ Association (IBA) to implement a timeline for declaring the results as per the sequence across all the three bank categories. The results should be first declared for SBI following by Nationalised Banks and RRBs. This process will begin with the officer-level posts and subsequently it will apply for Clerical-level posts too.
Changes in Exam and Recruitment Process
Currently, RRB exams are conducted before the Nationalised Banks and SBI exams. As per the restructured process, the recruitment for SBI will done first which will be followed by Nationalised Banks and RRBs. The officer-level results will be announced first.
Key Highlights of the Reform
The Finance Ministry introduces major recruitment reforms for SBI, Nationalised Banks and RRBs through IBPS.
- Officer-level results will be declared first
- SBI results will be announced first
- Reform aim to reduce attrition
- It enhances transparency and predictability
- Candidates can make choices about the bank preferences
- IBA to implement logical result timelines
Read More:
The English Language section of IBPS Clerk carries questions of high school. Candidates should read newspapers and books. Candidates should read the editorial section of the newspapers to improve their vocabulary.
IBPS RRB exam pattern highlights the overall structure of the exam such as marking scheme, total marks, number of sections, duration of exam, etc.. Before beginning with the preparation, candidates must go through IBPS RRB exam pattern thoroughly. As per IBPS RRB exam pattern, the prelims exam is conducted for the posts of Officers Scale 1 and Office Assistant (Multipurpose). The total marks allotted to the test are 80. The mains exam of IBPS RRB is conducted for the posts of Officers Scale 1 and Office Assistant (Multipurpose) and carries 200 marks. The single online exam is conducted for the posts of Officers Scale 2 & 3 . The Interview carries 100 marks and is conducted for the posts of Officers Scale 1, Officers Scale 2 & 3. There is no interview for the post of Office Assistant (Multipurpose).
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A mass communication and journalism post-graduate, Anangsha has worked as a reporter and sub-editor and enjoys working in the education domain. She handles Sarkari exams related to Banking, Defence, Railways, SSC, T
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There is a negative marking in the SBI Clerk exam. 1/4th mark assigned to a particular question is deducted as a penalty for wrong answers. For correct answers in the exam, candidates score one mark. The total marks of candidates are calculated based on the number of correct and incorrect answers. The corrected scores obtained by each candidate in different sessions of the exam are normalised using the equi-percentile method. Scores upto two decimal points are taken for the purpose of calculations. The marks of candidates are calculated as per marking scheme. Candidates should attempt maximum number of questions to secure the desired score in the exam.