IBPS PO Mains Preparation 2016.
In this article
IBPS PO Mains Preparation Guidelines
IBPS will select approximately 2.5 to 4 lakh candidates for IBPS PO Mains Exam. So the competition will be tough. An all round preparation strategy is essential for qualifying this stage of the exam.
IBPS PO Mains Exam Pattern
Before we discuss the preparation strategy, let us go through the pattern for the Mains examination.
|Quantitative Aptitude||50||2 hours|
|General Awareness with special reference to Banking Industry||40|
IBPS PO Mains Important Points
- The overall level of complexity will be higher than prelims
- The total number of questions will be more than prelims
- The total duration to attempt the exam will be more
IBPS PO Mains Preparation (Section Wise)
We have incorporated the following tips with inputs from previous year toppers.
IBPS PO Mains Preparation: Quantitative Aptitude
This section can prove scoring for a candidate if there is a mastery over basic mathematics and time management. Topics from this section can be mastered with practice. For time management, certain short cuts need to be learnt. In case you don’t know any, there is nothing to worry. Practicing again and again will surely help you manage time because over a span of time , you will become efficient.
Find below a list of topics to prepare well –
Data Interpretation , Sequence & Series , Number System , Quadratic Equations , Sequence & Series , Ratio , Proportion Percentage & Averages , Simplification
IBPS PO Mains Preparation: English Language
English comes across as easy to a lot of students. However in recent times, this is increasingly becoming the most complex section. In the Prelims this year, English was the most challenging section (for all shifts on all days). A high level of efficiency is expected from aspirants now.
To master this section, here’s what you need to do –
- Read daily: Reading will help you increase both speed as well as vocabulary.
- Write daily: Inculcate a habit of writing a piece daily that too in your own words.
- Dictionary: Consult a dictionary whenever you read so as to increase your vocabulary.
- Practice: Solve questions across topics especially RC passages and evaluate yourself.
- Complex Questions: Step out of your comfort zone and try attempting questions asked in exams like CAT and GMAT.
English can be your deciding section. All you have to do is put in a little extra effort.
IBPS PO Mains Preparation: Reasoning
The reasoning paper proves to be the backbone of the PO exam. This section can be the most scoring. Therefore, needs special attention. To score heavily in this section, the candidates need to focus more on the analytical part of the Reasoning rather than going hard by simulating the shortcuts. Remember the shortcuts won’t be in mind during the exam. Practice hard and practice daily.
Reasoning topics to focus:-
- Making series / analogy,
- Number Series questions
- Coding and de-coding
- Problem Solving
- Passage and conclusions type questions
IBPS PO Mains Preparation: General Awareness
This section of the exam is extremely scoring because it is all fact based. Do remember that IBPS expects you to have a good knowledge of the banking sector. Hence this section deals with general awareness but with a special inclination towards the banking sector.
The following list of topics are a ‘Must Know’ to be able to crack this section –
Indian Financial System: Overview of Financial Markets (Capital Market, Money Market, Forex Market, Credit Market), Financial Intermediaries involved (like underwriters,investment bankers, stock exchanges, depositories,registrars, custodians, mutual funds, Authorized dealers, portfolio managers, primary dealers, self-regulatory organizations, etc. Also read important committees and its recommendations.
History of Indian Banking Industry: Candidates need to know Types of Banks (Scheduled, Co-operatives), Pre Independence, Post-Independence, Nationalization, Structure of Indian Banking, categorization of Bank (Pvt, PSU, Foreign), SIDBI, EXIM, NHB, NABARD, IDBI its role etc. and concept of NBFC.
Regulatory Bodies like: RBI, (History/ Roles/ Functions) PFRDA, FSDC, SEBI, IRDA, FMC etc. its role functions and fact based details
Monetary & Credit Policies: It decides the basis of change and its relation with Inflation and other related issues & Inflation (Types) Re-Repo/Bank Rate/CRR/ SLR/ Repo etc.
Budget Basics and Current Union Budget:This is the main topic for the IBPS exam, discussion of Budget, GDP, Government revenue model, Fiscal Deficit, Various kinds of taxes and spending etc. and discussion on Union Budget 2015-16. Candidates must read the Rail Budget and Economic Survey.
International Organizations/ Financial Institutions: The aspirants must know the World Bank, IMF, ADB, UN related agencies, recent development in them members heads etc.
Capital Market & Money Market: Concept, Types of Instruments they deal in like
- Call/Notice Money
- Certificate of Deposit
- Commercial Papers or Capital
- Treasury Bills
- Term Money,
Market Instruments like equity Shares, preference shares, or Debt segment like Debentures etc also talk about Stock Exchanges in India and world.
Government Schemes: Candidates must keep all the government schemes such as Bharat Nirman, Swabhiman,Swavlamban on the tip of the tongue. All schemes discussed in budget – the details like when was it introduced, important facts related to same, budgetary allocation etc.
Note: Abbreviations and Economic terminologies – Frequently discussed in newspaper
Other important concepts like: Base Rate, Negotiable Instruments, BASEL, Credit Rating Agencies, Micro Finance, Financial Inclusions, Teaser Rates, GAAR, Priority Sector Lending and all other important concepts.
IBPS PO Mains Preparation: Computer Knowledge
Computer Knowledge is the easiest section of the exam and you can score a perfect 20 here (for 20 questions). All you have to do is have a grip over computer basics and a good knowledge of the concepts.
The following topics should be given special preference –
- Internet (Concept, History, working environment, Application)
- Security Tools, Virus, Hacker
- Communication (Basic Introduction)
- Networking (LAN, WAN, MAN)
- Logic Gates
- MS Windows & MS Office
- Database (introduction)
- Number System
- History of Computers