How can Online Tests Help you Prepare for Bank PO Exams?

February 12, 20183 Minutes Read
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The role of a Bank Probation Officer (Bank PO) is diverse. You will be trained in different verticals like accounting, finance, billing, investment, etc. Your daily work routine might be busy. During your service in this field, you will get several travel opportunities and you can discover various places in India. Also, as a bank PO, you will be paid quite handsomely and you can expect opportunities for rapid growth as the banking sector across India expands. The nature of work of a Bank PO makes the job highly sought after by women as work conditions are better than for many other kinds of jobs.

Every year, lakhs of applicants appear for bank PO exams to make their career in the banking sector. But only a few deserving candidates get selected. What do you think is the reason for only a limited number of candidates getting shortlisted? It is all about preparation strategies that a person follows in order to crack these exams.

These strategies include developing a very good speed and solving all types of questions in a fixed time duration. Were you aware that this depends on the level of preparation? While one can prepare for bank PO exams by taking coaching classes or buying guide books, another way is preparing through online tests, which are cheaper and offer more personalized feedback than coaching classes do.

If you are planning to sit for bank PO exams and are looking for the right way to prepare, this is how mock online tests will help you:

  1. Improve Speed and Time Management

    While coaching classes give you a thorough knowledge about the syllabus covered in the test, it is also necessary to test your learning and speed which can only be done through mock tests. Since these exams consider the three main factors- accuracy, speed and time management, you should keep practicing through mock tests online. This practice will ensure you are able to attempt the maximum number of questions in the specified time.

  2. Get a Real-Time Exposure and Experience

    Online mock tests are based on the latest pattern and syllabus to give you a real-time experience. They have features like a timer, test guidelines, marks, questions, and all the sections. The format of the mock online test gives you exposure to how the actual test will look. The first part of the Bank PO exams, the preliminary exam, has three sections- Quantitative Aptitude, Reasoning, and Verbal Ability. The second part is the mains which includes 5 sections- General Awareness, Computer Knowledge, Quantitative Aptitude, Reasoning, and Verbal Ability.

  3. Practice for Various Bank Exams

    Every year, both government (e.g. SBI) and private banks (e.g. ICICI) conduct bank PO exams to hire young officers. The test patterns may differ from bank to bank. Mock online tests offer you all the possible patterns that you might come across. While the actual test will not necessarily contain the same questions, the mock tests will give you a good idea of how a particular bank's exam will look.

  4. Get a Detailed Analysis of your Performance

    Once you have completed a mock online test, you can view the results in a detailed page along with scores for each section and detailed analysis. This helps you to know your weak areas and where you can make an improvement. You can then focus on your weak spots and save time on sections where you are strong.

    If you are already taking coaching classes and learning from books, online preparation tests can help you polish your skills, increase your confidence, and improve your chances of scoring higher.

Start your Bank PO exam preparation now

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May 11, 20202 Minutes Read

Free Online Tests to Help You Build a Career in Banking

A banking career provides lots of benefits like provident fund, gratuity, pension, dignity and career growth. It teaches money management and also helps you gain knowledge about trade, investment plans, remittances etc. The banking sector employs people from different educational backgrounds. From finance to marketing to people from an operational background, there is a place for everybody.

If working for a bank excites you, here's all you need to know about bank entrance exams and the importance of taking mock tests.

The Institute of Banking Personnel Selection (IBPS) conducts a series of Common Written Exams (CWE) for vacancies in 20 Public Sector Banks and 82 Regional Rural Banks. These exams are mandatory for clerical posts, management trainees, office assistants and others. The SBI (State Bank of India) and SBI Associates conduct their examinations for clerical and officer rank positions. The RBI (Reserve Bank of India) too conducts its exam for different positions. The eligibility criteria and minimum qualification required depends on the post you wish to apply for.

Private sector banks conduct their own entrance exams. However, some private banks like Karur Vysya Bank (KVB), Tamilnad Mercantile Bank (TMB) and Federal Bank have started considering IBPS CWE scores.

To take the exam, you will have to register for the online banking exam by submitting the application form. Attach your photograph and scanned signature along with it. The application form is available on the IBPS website. SBI and RBI forms are available on their respective websites. It is important for you to keep track of the upcoming exams.

The banking sector exam is very competitive. You must prepare by taking free online mock tests for bank exams. They will help familiarize you with the bank exam format, types of questions and the time limit. A simple Google search will reveal websites where you can take a free online test for bank PO. You will also find Glow & Lovely Careers (formerly known as Fair & Lovely Career Foundation) Banking and Insurance Test book very useful. Just click on the Online Test section of the website.

If you are serious about a career in banking, you must take these mock tests seriously. As a banking sector candidate, you will have to answer many mathematical and quantitative questions without making elaborate calculations. So, you will need to master shortcuts and tricks to solve the given problems in time. Taking online tests will help you learn and master these shortcuts and improve your understanding of the mathematical calculations.

Additionally, you will also know your strengths and weaknesses. You may have mastered some advanced techniques, but your basics may need revision. The only way to assess your abilities is through a mock test. Your answer pattern and score will help you identify the areas you need to work on and spend more time practicing.

If you pass the necessary entrance exams, you will have to go through group discussions and personal interview rounds. These two rounds will be the deciding factor in your selection. So, prepare for these rounds as well. In these rounds, you will be questioned on banking sector policies, the economy and general knowledge. To do well in these sections, you must stay updated. Read the newspaper daily. Subscribe and follow financial blogs.

Finally, do not take unnecessary stress as it will negatively affect your performance. It is important to stay calm during the exams.