IBPS CWE Clerk Recruitment for 19243+ Clerk Posts Apply Online

Institute of Banking Personnel Selection (IBPS) is inviting online application forms from all eligible candidates for the recruitment to the posts of clerks through online examinations (Preliminary, Main). This IBPS Clerk-VI examination will be conducted in November, December 2016. As per notification of IBPS Recruitment 2016, total available posts are 19243. Application mode is online. Starting date for availability of online application forms is 22nd August, 2016. Last date to register for online application process is 12th September, 2016. The official notification of IBPS Clerk Recruitment 2016 has been uploaded and all details regarding these Posts are below. Download official notification from below link. Read full information for IBPS Recruitment 2016.

Organization Name:

IBPS CWE Clerk Recruitment 2016

Profile Name:

Clerk Posts

No. of Total Vacancies  :

19243

Pay Scale :

Applicants who will be selected for above Clerk Posts, will get monthly payment as per government norms.

 Advertisement Here

IMPORTANT DATES

Starting date for availability of online application forms is 22nd August, 2016.

Last date to register for online application process is 12th September, 2016.

Payment of application fee 22.08.2016 to 12.09.2016.

Online preliminary exam will be on 26 & 27.11.2016, 03.12.2016 & 04.12.2016.

Online main exam will be on 31.12.2016 & 01.01.2017.

Starting date for availability of online application forms is 22nd August, 2016.

Educational Eligibility :

IBPS PO/MT VI 2016 : NOTIFICATION OUT

Institute of Banking Personnel Selection (IBPS) has released the notification regarding the online examination (Preliminary and Main) for the next Common Recruitment Process for selection of personnel for Probationary Officer / Management posts in the Participating Organisations is tentatively scheduled in October / November 2016. 

• Common Written Examination for Probationary Officers / Management Trainees 2016

• CLICK HERE FOR OFFICIAL NOTICE

IBPS RRBs CWE - V : Change in Recruitment Process

As you all have been waiting for RRB Notification this year, so we would like to share the information we have recently got. The Ministry Of Finance has Directed IBPS to make some changes in the recruitment pattern and asked IBPS to introduce the concept of Preliminary and Mains. You can read the changes by clicking on the link given below.

This may be one of the reason why IBPS delayed the notification.

Click Here To Read The Notice

No job cuts says govt even as public banks merge

Finance Minister Arun Jaitley said in March that the need of the hour is to merge the 27 public banks to create few but strong institutions. (PTI)

---

The Narendra Modi government, which is keen to keen to consolidate public sector banks and bring down their numbers to about six, has assured that there will be no job losses in the process. The newly set up bank board bureau, which will chalk out the roadmap for consolidation, is set to touch upon this “tricky” issue, an official source said.

IBPS : List of Provisionally Allotted Candidates

IBPS has released the list of candidates provisionally allotted under CWE PO/MT-V, CWE SPL- V and CWE Clerks-V. Candidates can view the list by clicking on the link below:

Click Here to To View List of candidates provisionally allotted Under CWE Clerks-V (Refer Notification dated 01/04/2016)

Click Here to To View List of candidates provisionally allotted under CWE SPL- V (Refer Notification dated 01/04/2016)

Click Here to To View List of candidates provisionally allotted under CWE PO/MT-V (Refer Notification dated 01/04/2016)

IBPS PO: Salary Structure and Promotions

Dear Readers,

IBPS has declared the final Result of IBPS PO V Exam. The candidates are now curious about the Salary and Promotion of IBPS PO. So here is an article on Salary and Promotion of IBPS PO.

Salary of IBPS PO:

In most of the public sector banks, Salary of PO is more or less the same. The latest revision of Bank PO’s salary as per 10^th Bipartite settlement, took place on Nov 2012; however the final agreement was signed in May 2015. According to which the revised salary of Bank PO will come into effect from 1^st January 2016.

The revised basic pay of PO thus becomes –

23700 – (980 x 7) – 30560 – (1145 x 2) – 32850 – (1310 x 7) – 42020

Here Rs. 23700 is the revised basic pay of Bank PO as applicable on

IBPS Important Notice Regarding Grievance Lodging

Dear Readers,

The Institute of Banking Personnel Selection (IBPS) has published a important notice regarding Online Candidate Grievance Lodging and Redressal Mechanism.

IBPS mentioned in the notice that "All the candidates and constituents are hereby informed that IBPS has already made operational an online mechanism for lodging and redressal of grievance. If any candidate intends to register any grievance, he/she may click on the link under the heading “Candidate Grievance Lodging and Redressal Mechanism” on IBPS official website i.e. www.ibps.in. 

Replies on the grievances lodged shall be given at the registered email address by our Help desk within a reasonable time after registering the grievances. 

In view of the creation of online candidate grievance lodging and redressal mechanism on IBPS official website, it has been decided that grievance lodged/made through other modes of communication will not be entertained with effect from 1st April, 2016."

Click Here To View the Notice

IBPS PO VI Study Plan - HOW TO START

Many of you might not be interested in topic but I am writing this study plan after getting dozens of requests from my readers and followers who failed in many competitive exams.

I wrote this article for all the students who are wasting their money and time in wrong strategies, methods and resources. Many of you might not agree with my strategies, I will be happy to edit this post. Give me your suggestions in the comments section.

Bookmark this page and share on Facebook so that your friends can read this. Sharing is caring. You are reading these tips because your successful friends didn't share that with you

COMPUTER ABBREVIATIONS : LIC AAO & Other Exams

Most Important Full Forms of Computer Terminology

1.) GOOGLE : Global Organization Of Oriented Group Language Of Earth .
2.) YAHOO : Yet Another Hierarchical Officious Oracle .
3.) WINDOW : Wide Interactive Network Development for Office work Solution
4.) COMPUTER : Common Oriented Machine Particularly United and used under Technical
and Educational Research.
5.) VIRUS : Vital Information Resources Under Siege .
6.) UMTS : Universal Mobile Telecommunications System .
7.) AMOLED: Active-matrix organic light-emitting diode
8.) OLED : Organic light-emitting diode
9.) IMEI: International Mobile Equipment Identity .
10.) ESN: Electronic Serial Number .
11.) UPS: uninterrupted power supply .
12). HDMI: High-

Important Insurance Abbreviations

A

ARM – Associate in Risk Management 
ARMP – Associate in Risk Management for Public Entities 

B

BAP – Business Auto Policy 
BOP – Business Owners Policy 

C

CFROI – Cash Flow Return on Investments 
CIC – Certified Insurance Counselor 
CISR – Certified Insurance Service Representative 
CPIW / CPIM – Certified Professional Insurance Woman / Man 

Union Budget 2016-17

Finance Minister Arun Jaitley listed 'nine pillars' including tax reforms, promoting ease of doing business and ensuring fiscal discipline, that will transform India.

Unveiling the Budget 2016-17, he said the pillars also include emphasis on governance reforms.

The other pillars, he added, include focus on agriculture and rural areas with a view to doubling farm income by 2022.

Besides, he said, government will lay greater emphasis on social sectors, education and skill building and job creation for building a knowledge based and productive economy.

The government, Jaitley said, will also focus on infrastructure investment, financial sector reforms, fiscal discipline and tax reforms to reduce compliance burden.

IBPS Specialist Officer Result Out

IBPS has released the result for the post of Specialist Officer. All the students who have appeared for the examination may check their result by clicking on the link below.

Click Here To View The Result For Specialist Officer

Railway Budget 2016-2017

Railway Minister Suresh Prabhu presented his second rail budget this year. He kept the fares unchanged.  In his budget speech, he said that for this budget he owes its inspiration to vision of PM Modi who said: "My vision is to make railways backbone of India’s progress & economic development."

He outlined the 3 pillars of strategy - raise new revenues, raise productivity and efficiency and revamp the processes. He also said that the Core objective is to become engine of economic growth, create employment and provide customer service.

So now let’s see what Mr. Prabhu had for the citizens of India. Here are the highlights of the Rail Budget 2016:

[Data Interpretation-3] Calculation Techniques

In this article you will learn some calculation techniques to solve questions quickly, which may look difficult to solve in examination due to lot of calculation.I suggest you to read my previous two articles on DI first and then read this article:

Read: [DI-1] How to Calculate Division of two Numbers Quickly?

Read: [DI-2] Percentage Growth/Increase/Decrease

Let us take an Example:

Below Pi-Graphs represent Sales Revenue of a Company XYZ in three segments: Scooter, Motorcycle, and Three Wheeler for year 2012 and 2013.

Based on Graphs above solve Below Questions.

Question 1: By how much percentage sales revenue of Scooter has increased in 2013 w.r.t. 2012.

      a)    27%             B)30.4%         c) 35%           d) 41%

Solution:

Normal Procedure:

STEP-1 Sales Revenue of Scooter in 2012 = 29% of 79311 = 23000.19 ~ 23000

Sales Revenue of Scooter in 2013 = 34% of 88244 = 30002.96 ~ 30003

(Obviously getting above two values requires lot of Calculation)

STEP-2 % increase in Sales Revenue of scooter

= (Sales Revenue In 2013 – Sales revenue in 2012)*100/ Sales revenue in 2012

= (30003 – 23000) * 100 / 23000 = 30.44 %

                                          OR

Revenue has become 30003 from 23000 so we can also use our M.F. method to calculate % increase.

M.F. = Final Value/ Initial Value = 30003/23000 = 30000/23000 = 30/23 = 1.304

So Percentage Increase = (1.304 -1) *100 = 30.4%

Note: Here Calculation of Step 1 is time consuming. Let us see how we can solve this question quickly.

Alternate Approach:

Do not calculate Step 1

Directly Write:

M.F. = Final Value / Initial Value = 34% of 88244 / 29% of 79311

                                                    = (34/29) * 882/793           (Approximation)

34/29 === > 35/30 = 1.17

882/793 == > 890/800 = 1.11    (Using Division Technique)       

M.F. = 1.17 X 1.11 ~ 1.298 ~ 1.3      [ For Quick Calculation 1.11 = 1+0.1+0.01
                                                   => 1.17 x 1.11 = 1.17 + .117 + 0.0117 = 1.2987 ]

 If M.F. is 1.3 == > % increase will be 30%    Hence option B is correct                                       

Question 2: By how much percentage sales revenue of Motorcycle has changed in 2013 w.r.t. 2012.

      a)    4.7% decrease         B) 4.7% increase         c) 9.4% increase           d) 9.4% decrease

Solution:

M.F. = Final Value/ Initial Value = 48% of 88244 / 56% of 79311

                                                  = (48/56) * (882/793)

                                                  = 6/7 * 882/793

                                                  = 0.86 * 1.1

                                                  = 0.946

Percentage Decrease = (1 – M.F.) * 100 = (1-0.946) *100 = 5.4%

(We got 5.4% since we have used lot of approximation.)

Closest option is A) hence option A is correct.

Question 3: By how much percentage sales revenue of Three Wheeler has increased in 2013 w.r.t. 2012.

       a)    29.5%         B) 33.5%         c) 37.5%           d) 41.5%

Solution:

M.F. = Final Value/ Initial Value = 18% of 88244 / 15% of 79311

                                                  = (18/15) * (882/793)

                                                  = 1.2*1.1

                                                  = 1.32

Percentage Increase = (M.F.-1) * 100 = (1.32-1) *100 = 32%

Closest option is B. Hence option B is correct.

[Data Interpretation-2] Calculating Percentage Growth/Increase/Decrease

In this article you will learn how to calculate Percentage Growth/Increase/Decrease in Data Interpretation Questions. Here I will explain how to use concept of Multiplying Factor for solving Percentage Growth, Increase/Decrease questions quickly. Before moving further first visit the first part of the DI.  [Data Interpretation - 1] How to Calculate Division of two numbers quickly?

Let us take few examples:

Example: XYZ motors limited sold 7000 Scooters in year 2012. If sale of scooter is increases by 10% in year 2013. Calculate no of scooters sold in 2013.

Solution:  Increase in scooter sale = 10% ===è M.F. = 1.1 

Final Value = Initial Value * M.F.

Scooter sales in 2013 = M.F. X 7000 = 1.1 X 7000 = 7700.

Let us understand how to use Multiplying Factor  while solving DI questions.

Example: The below Graph represents Bajaj Auto’s sales volume in different segment from year 2010 to 2013.

Question: What is percentage growth in sales volume of scooter in year 2011 w.r.t. 2010.

            a) 9%            b) 10%               c) 15%                  d) 20% 

Solution: 

Normal Procedure:      No. of Scooter Sold in 2010 = 7000

                                       No. of Scooter Sold in 2011 = 7700

% Increase = [(No. of units sold in 2011 - No. of units sold in 2010) / No. of units sold in 2010] * 100

                  

                  = [( 7700 – 7000 ) / 7000] * 100 = [700/7000] * 100 = 10 %.

Using Multiplying Factor Method:

Final Value = Initial Value * M.F.

M.F. = Final Value / Initial Value 

Note: If final Value and initial Values are given you can calculate Multiplying Factor by dividing Final Value and Initial Value. Once you Got Multiplying Factor you can easily tell % increase or % Decrease.

Let us solve above problem using multiplying factor.

M.F. = Final Value/ Initial Value = 7700 / 7000 = 1.1

If Multiplying Factor = 1.1 ==è 10% increase.         ( 1.1-1=0.1*100 = 10 )

(You can do it mentally no need to raise your pen).

Initially it may appear to you that your normal method is also very fast while solving above questions. So, for showing the effectiveness of Multiplying Factor method let us solve another question.

Question: What is percentage change in sales volume of motorcycle in year 2011 w.r.t. 2010.

                        

                      a)    37% Decrease B) 36% Increase c) 31% Decrease  d) 41% Decrease

Solution: Using Multiplying Factor Method:

Final Value = 5570

Initial Value = 8820

Mutiplying Factor = Final Value / Initial Value

                               = 5570 / 8820

                               = 557 / 882

Multiplying Factor = 557/882 = 569/900 = 0.6322

% Decrease = (1-0.6322) * 100 = 36.78 %  

Hence option A] is correct.

Note: Remember That,

% Increase = (M.F. – 1) * 100

% Decrease = (1- M.F.) * 100

Multiplying Factor is a very useful concept while solving percentages, DI, Profit/Loss, CI and SI. I suggest you understand Multiplying Factor well,if you do understand M.F. you can solve all Profit/loss , CI/SI problems without any formula. 

You must also read :

[Data Interpretation-3] Calculation Techniques