The Institute for Banking Personnel Selection or IBPS as it is better known was established in the year 1975. By the ear 1984, it came to be recognized as an independent entity. Post that it grew up to be a prestigious institute responsible for the recruitment and placement of aspirants across the various public sector bank throughout India. In case you intend to pursue a career in these public sector banks, you can choose to take the IBPS PO or the IBPS Clerk exams.
So, what are IBPS PO and IBPS Clerk Exams?
IBPS Clerk Exams
The IBPS clerk exam is administered by the Institute for Banking Personnel Selection. By clearing this exam, aspirants become eligible to be recruited for various clerical vacancies in the handful of public sector banks across the nation. After clearing this exam, the aspirant can be allocated to any of the 19 to 20 PSBs countrywide.
IBPS PO Exams
On the other hand, the IBPS PO exams are conducted to recruit various Probationary Officers or POs in the public sector banks.
So in case you are willing to pursue a career in the Public Sector Banking industry, you should take both of the above - mentioned examinations. It is ideal to start your preparation with the help of IBPS PO notes in conjugation with IBPS Clerk Notes to prepare for both of these examinations.
What is the role of an IBPS Clerk?
An IBPS clerk is a very important part of a Public Sector Bank. He ensures the systematic maintenance of all the records for the bank. The clerks may be made to assume different responsibilities depending on their interests, skills, and areas of expertise. IBPS clerks can further be categorized as:
- Statement Clerks
- Loan Clerks
- Exchange Clerks
- Security Clerks
- Interest Clerks
Their roles in the public sector banks may include but are not limited to preparation of balance sheets, keeping a tab of all the loan dealings of the bank, conversion of currencies and handling of international accounts, dealing in stock as well as detail related investments, etc.
In order to be a good clerk, one should possess strong mathematical problem - solving abilities in conjugation with excellent computer skills. Relying on IBPS Clerk Notes will help you achieve expertise in both the above - mentioned criteria.
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What is the Role of an IBPS PO?
An IBPS POs job requires him to multitask so that he is aware of the functioning of all the possible parallels of a Public Sector Bank. An IBPS PO is trained to look after Marketing, Finance, Accounting and Loans and Advances. At times, POs might also be responsible to guide the customers of the bank in regards to its facilities and services that can be availed. These services may include information related to the issuance of cheque books, Demand Drafts and/or ATM Cards. A lot of work in these public sector banks such as handling the clients, cash - based transactions, etc. take place on the clerical level. An IBPS Probationary office is responsible to supervise the clerical staff under him.
IBPS PO requires an individual to possess good managerial as well as people’s skill. Apart from that, one should have sound knowledge of the accounting processes that take place within a bank. Referring to IBPS PO notes will help you possess the required skill sets and knowledge required to clear the exam.
IBPS PO notes and IBPS Clerk notes can be found on various online sources easily. They are available for reasonable prices and are put together from reliable sources by subject matter experts.