Which are the entrance exams for banking and eligibility?
Career Talk Work & Career 2 years ago
Posted on 16 Aug 2022, this text provides information on Work & Career related to Career Talk. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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Best Answer
2 years ago
There are two major types of bank entrance exams. One for recruiting probationary officers and the other for recruiting clerks. In the earlier days, each nationalized bank used to have its own entrance exam for recruitment. But now the process has changed. Now, bank entrance exams are conducted twice a year for probationary officers and clerical recruitment. That makes it four entrance exams in a year. These exams, called Common Written Exam (CWE) are conducted by the Institute of Banking Personnel Selection (IBPS) on behalf of all the nationalized and also some private banks. The candidates who qualify in these exams are then free to apply to the individual banks as and when the vacancies arise, for a period of one year. The CWE is partly objective multiple choice type and partly descriptive. Besides, private banks conduct their own exams. For the same, you can browse through the respective websites.