Banking & Finance
Banking and finance are the important aspects to the growth and investment. As without an efficient and effective financial system, lending-borrowing can be not only costly but risky at the same time. Therefore, providing your saved resources to a financial institution can be beneficial for both the depositor and the institution, as they use the money for more productive ventures. A well structured network of financial institutions updates and restructures trade, production and flow of resources in an economy. The organised use of savings and the ability to take risks are the key elements of a growing economy. An effectual financial system acts as a constructive medium for development, as any system merely acting as money minting centre can not contribute to the economy’s growth. For that reason, banking and financial institutions have to mobilise resources.
Banking and Finance Entrance Exams
Banking is one of the most opted career choices among students these days, because it is well paid and provides you a secure career. A government body, Institute of Banking Personnel Selection (IBPS) constitutes of 19 public sector banks that has been releasing frequent recruitment notices of late for clerical and probationary officer posts on the basis of all India level examination. Besides strong academic background, banks generally look for good communication skills, good interpersonal skills, and the ability to deal with customers, basic knowledge of the industry and good computer knowledge is also always preferred. Other career options like Chartered Accountancy, Insurance also provide you a well paying job in banking and finance industry.
Banking and Finance Entrance Exams Preparation
With the increase in release of recruitment notices by government banks all across India, it becomes essential for banking aspirants to refer to banking textbooks available online. A number of coaching institutes have come up, with professionals from banking industry as their faculty. They can guide you for the banking and financial entrance exams.
With the announcement of IBPS Common Written Examination, a career in banking has become more sought after. Preparing from previous year test papers will equip you with the syllabus of entrance exam which usually contains multiple choice questions from the following five categories: Reasoning Aptitude, Numerical Ability, English Knowledge, Computer and Marketing Aptitude and General Awareness with special reference to Banking Industry. While you may be sure of your performance in a particular segment, you might require practice in another. That’s where bank preparatory books come handy. And with the increase in people seeking banking and financial jobs, you can be certain of a tough competition. Considering the competitive scenario, it is advisable to buy banking and finance preparatory books, as they help you complete your preparation.
Banking and Finance Preparation Books
There are various prep books and study materials available in the market for preparation of banking and financial entrance exams. All those who are appearing for the bank clerical exams will have to work on the five mentioned segments – English, Numeric Ability, Reasoning, Computers and General Banking Knowledge. To attempt these sections with confidence, you have to acquaint yourself with the kind of questions that you are likely to see in the exam. Practicing from them can help you a lot in increasing your speed and efficiency from the examination perspective. Check out our complete collection on http://www.acadzone.com/banking-finance-entrance-exams.
Latest Review
By Anusha, MBA student
at S V U CAMPUS
Rating: 4 out of 5.
This is a great article about banking and finance exams in india.
