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Home Articles

Top Ten Bank Exam Myths Debunked

by Entri
September 18, 2019
in Articles, Banking
Top 10 bank exam myths
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Banking field is quiet emerging in providing employment better than past few years, as we have observed a significant rise in the number of Bank exams like IBPS PO, SBI PO, IBPS Clerk, RBI Assistant, IBPS SO, Bank of Baroda etc. as well as it has created a lot of opportunities. This competition is showing a steady graph and same in the number of candidates. We, the ENTRI team are trying to unveil those myths existing about various bank exams. For every aspirant who wish themselves to work in Banks, may have or have not heard many myths regarding exams which may pull back them from even attempting thus make them to quit even before giving a try . In an endeavor, we tried to the extreme in order to burst some of the existing myths like enlisted below, that all Bank exam aspirants may have, and we unveiled ten most popular Bank exam myths in the following article:

keralapsc mocktest banner 2019

 

Top Ten Bank Exam Myths

1: What does the acronym "ATM" stand for in banking?

2: What is the primary function of a central bank?

3: Which of the following is a type of digital banking service?

4: What is the full form of "NEFT" in banking terms?

5: What does "KYC" stand for in banking?

    Fill out the form to see the results

    Ready to see how much you know? Take the challenge!

     

    • Are bank exams hard to crack? 

    Well, examinations are themselves tough enough to crack, not even bank exam but nothing is impossible. Any body is able to crack any exam if you are ready to dedicate yourself to work hard and sincerely. Bank exams are never arduous if we are ready to face examination with proper preparation.

    • Is coaching in top institutes mandatory?

    Well, just imagine attempting of bank exam without coaching, seems an impossible thing? Nowadays lots of coaching institutes are started functioning to give coaching for various competitive examinations. It is for sure that coaching institutes may help us to prepare for the Bank exams, but ultimately our consistent effort matter. You may know some candidates cleared from coaching institute it doesn’t mean that they cleared only because they attend some coaching institutes.

    • Must be a topper from prestigious institutions of India or must be born to a bank family? 

    Graduation from top most institutions or higher percentages is not a criterion to qualify a bank exam because eligibility criteria for bank exam are minimum 60% (variable). Briefly, being able to clear a Bank exam has got nothing to do with our IQ. The person who has a high IQ is what they acquired through regular brainstorming practices not because they are born to a bank officer or a civil servant. They are common people with no extraordinary powers, like everyone else, who worked hard and dedicated time in order to improve skills and abilities. If they did, why can’t us?

    • Being a bookworm to crack bank exam? 

    Most of the bank competitive examinations are conducted based on the syllabus up to degree level and aspirants who are applying  are either graduate or postgraduate, thus the need of separate books like rank files and others are to be used only for reference during our Bank exam preparation. Reading ‘n’ number of books at a time won’t help us to crack our Bank exams. Instead of that we are advised to take as many as online mock tests, in order to identify our weaknesses and to practice effectively to improve our weak areas using the study materials available to us.

    • Prolonging hourly preparation is needed? 

    It’s not the amount of hours we spend for our preparation but it depends on how we utilize those hours that determine your success. We need to strategize our Bank exam preparation. While it is important to remember here we have to do hard work along with smart work, quoted,” practice makes a man perfect.”

    Enroll in Kerala's Top-rated Bank Coaching Program!

    Are you ready to take your banking career aspirations to new heights? Join Entri App's Bank Exam Coaching program to kickstart your preparations!

    Join Now!

    keralapsc mocktest banner 2019

     

    • Depends on fortune? 

    The Bank Exam Aspirants, who clear exams and get selected, don’t believe in luck because they rather believe in hard work and dedication than luck. Some people are there who thinks that it all depends on luck and not giving it a try will not going to get us anywhere. So, think well and act positively.

    • Balance on Work life and study time

    It is all about our priorities. A lot of working professionals, who are unhappy with their current employment, find time to learn and practice, so they can achieve their dream employment. There is a renowned saying, “if there is a will, there is a way.”

    • Language and Grammar: a hurdle

    Being good at speaking English with good spoken skills many us fail to clear Bank exams, as English doesn’t constitute the major part of the exam. Competitive bank exams test our ability to solve aptitude, mathematics, reasoning skills and logical thinking. English language can be learnt by practicing it every day, but being good or bad at spoken English won’t determine how good/bad we are at this. We are advised to practice it according to the syllabus. 

    • Cracking bank job: end of the line?

    Many of the Bank exam aspirants like us thinks that this is one single exam and get disappointed if we couldn’t crack it. We must not be pessimistic at this kind of situation, as it is not the end of our world if we couldn’t clear one exam. We will get as many as chances to reapply and give that or any other Bank exam again. Once we decided to get a bank job, it will be ideal to apply for multiple Bank exams in that current year, so we can prepare for all of them at one stretch. By this way, the chances to clear one or more examinations. It will be always good to have a plan B, if we are not sure about plan A. If we couldn’t clear one Bank exam, we can always look forward to attempting and clearing the next bank exam in the same year and not to waste an entire time waiting to apply for the same Bank exam again.

    • Commerce background really works?

    Aspirants, who have successfully cleared the Bank exams and are working full-time in Banks, are from various career fields, such as Humanities, Engineering, Art, Science, etc. With or without having a background in commerce doesn’t determine our success in Bank exams. Once we cleared the exam, will be sufficiently trained in our probation period to become an eminent Banker.


    We, the ENTRI team anticipate that the above article may help you to negate some myths every aspirant may have regarding Competitive Examination for various recruitment in Banks.

     

    keralapsc mocktest banner 2019

     

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