Bank of India Syllabus and Exam Pattern 2024

BOI Recruitment 2024 is for candidates who are waiting for the opportunity to join the bank. Recruitment process for BOI 2024 for the positions of Economist, Statistician, Risk Manager, Credit Analyst, Lender, Technical Reviewer, IT Officer – Center data, Management and senior management begins with the publication of the BOI recruitment notice. The BOI recruitment notice pdf is attached below for the convenience of candidates who wish to apply for the positions of Economist, Statistician, Risk Manager, Credit Analyst, Staff Lender, Technical Review, IT Director – Data Center, Senior Manager and Executive under the Bank of India. 

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The BOI notice contains a lot of information regarding the selection process. The BOI notice also contains information such as eligibility criteria and vacancy details that will be useful to candidates who wish to take the exam. The candidates who are applying for the BOI exam must fulfill all the requirements of the eligibility criteria. 

Bank of India Syllabus 2024 Overview

Bank of India 2024 exam will be held in various centers across the country. Candidates must fulfill the minimum requirements of the written test to qualify for the further selection process. Hence candidates preparing for BOI exam must follow Bank of India Syllabus 2024 to score high marks.

Exam Pattern 2024

Here is the detailed exam pattern of Bank of India BOI 2024:

• As per the Bank of India Exam Pattern 2024 there are 3 Sections in English Language, Professional Knowledge relevant to the Post and General Awareness with special reference to Banking Industry.
• There are total 150 marks.
• Duration of exam is 2 Hours (120 Minutes)
• For each question to which the candidate has given an incorrect answer, 1/4 of the marks awarded for that question will be deducted as a penalty to get the corrected result.
• If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.

Click here to get the application form for the Bank of India BOI 2024

• There is no timeline section in this hiring process. 
• Applicants with a minimum score are eligible for a personal interview. 
• The bonus list is prepared with a balance of online and personal interview scores in a ratio of 80:20 
• In the event that two candidates have the same score, the selection will be made based on the date of birth. 
• The minimum score for General/EWS applicants is 40% and for SC/ST/NKT candidates is 35%

Syllabus of Bank of India 2024

Bank of India Recruitment recently announced vacancies for Economist, Statistician, Risk Manager, Credit Analyst, Loan Officer, Technical Valuation and other positions. Candidates who are interested in this position and are applying for the position of Bank of India Officer can check this page for more information about exam outline and sample exam papers. Hasty preparation without any knowledge of exam pattern and outline will not get you extra marks. So start preparing for the exam after knowing the Bank of India Exam Pattern and Syllabus for Credit Analysts, Loan Officers, Technical Reviewers and other exams.

English

• Articles
• Adverbs
• Verb Agreement
• Idioms and Phrases
• Tenses
• Error Corrections
• Vocabulary
• Comprehensions
• Grammar
• Sentence Arrangements
• Fill in the blanks
• Synonyms
• Unseen Passages
• Error Correction

Management Accounting

• Process Costing
• The material, Labor Cost and Overhead Cost Output or Unit Costing (Cost Sheet)
• Cost of capital
• Job and Batch Costing
• Capital structure
• Analysis
• Contract Costing
• Capital budgeting
• Marginal (Variable) Costing and Cost-Volume-Profit
• Sources of finance
• Budgeting and Budgetary Control
• Ratio analysis
• Standard Costing and Variance Analysis
• Financial Statement Analysis
• Cash Flow Statement
• Funds Flow Statement

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Corporate Accounting

• Issuance of shares
• Dividend distribution
• Issue, Forfeiture, and Re-issue of Shares
• Redemption of preference shares
• Redemption of preference shares
• Guidelines of SEBI
• Issue and redemption of debentures
• Valuation of Goodwill and Shares
• Underwriting
• Accounting for Amalgamation of Companies
• Acquisition of business and profits before Incorporation
• Divisible profits and Bonus issues
• Final accounts: of Companies

Basic Accounting

• Accounting principles and concepts – read accounting standards book by ICAI (Important)
• Functions and working of RBI, IRDA, and SEBI

Business law

• Partnership act
• Industrial disputes act
• Negotiable instruments
• Company law (Go through all these laws with amendments)
• Contract act
• Gratuity act
• Labor law
• Provident fund
• Factories act

Economics

• Money market
• Updates related to money market and RBI policies
• Micro and macroeconomics concepts
• Capital market

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Cost Accounting Concepts (Basics)

• Marginal costing
• Overview of Cost Accounting
• Social accounting
• Cost volume profit analysis
• Cost sheet, working capital
• Inventory Valuation
• Absolute costing
• Target Costing
• Activity-Based Costing
• Transfer Pricing
• Constraint Analysis
• Forecasting

General Knowledge

• History
• Sports
• Science – Inventions & Discoveries
• Countries & Capitals
• General Politics
• Culture
• Knowledge of Current Events
• Geography
• India and its neighboring countries
• Budget and Five Year Plans
• Current Affairs – National & International
• Indian Constitution
• Economy, Banking, and Finance
• Scientific Research
• Economy 
• Important Financial & Economic News

 We hope applicants have found this article useful and informative. We have provided all the information regarding the available Bank of India 2024 vacancies. Candidates can download the Entri app to learn more about the exams and strengthen their preparation with mock tests and other study aids.

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