The Central Bank Of India (CBI) is the central bank of India. It was established on April 1, 1935, in accordance with the Reserve Bank of India Act, 1934. The CBI is the banker to the government of India and the banker’s bank. It is also the issuer of the Indian rupee.
The CBI has the following objectives:
- To regulate the issue of bank notes and the keeping of reserves with the Reserve Bank to secure monetary stability in India;
- To operate the currency and credit system of the country to the best advantage of the general public;
- To foster the development of the financial system in the country;
- To regulate the operations of banks and other financial institutions;
- To act as the lender of last resort to banks;
- To maintain financial stability in the country; and
- To promote the orderly development and Growth of the economy of India.
The CBI is governed by a board of directors, which is appointed by the government of India. The board of directors is responsible for the overall management of the CBI. The CBI is headed by a governor, who is appointed by the government of India. The governor is responsible for the day-to-day management of the CBI.
The CBI has its headquarters in Mumbai. It has branches in all major cities of India. The CBI also has offices in New Delhi, London, and New York.
The CBI is a statutory body. It is not subject to the control of any ministry or department of the government of India. However, the government of India has the power to issue directions to the CBI in matters of public interest.
The CBI is a powerful institution. It has the power to inspect the books and records of banks and other financial institutions. It also has the power to call for information and documents from banks and other financial institutions. The CBI can also conduct inquiries and investigations into the affairs of banks and other financial institutions.
The CBI has been involved in a number of high-profile cases in recent years. In 2011, the CBI conducted an investigation into the 2G spectrum scam. The CBI also conducted an investigation into the coal scam in 2012. The CBI has also been involved in the investigation of the AgustaWestland VVIP chopper scam.
The CBI has been criticized for its handling of some of these cases. The CBI has also been accused of political interference. However, the CBI remains a powerful institution and plays an important role in the Indian economy.
The CBI is a well-respected institution. It has a strong track record of performance. The CBI is committed to maintaining financial stability in India. It is also committed to promoting the orderly development and growth of the Indian economy.
The CBI is a valuable asset to India. It is a powerful institution that plays an important role in the Indian economy. The CBI is committed to serving the people of India.
Here are some frequently asked questions and short answers about the Central Bank Of India So Exam 2024:
1. What is the Central Bank of India SO Exam?
The Central Bank of India SO Exam is a national-level examination conducted by the Central Bank of India to recruit officers for various positions in the bank.
2. What are the eligibility criteria for the Central Bank of India SO Exam?
To be eligible for the Central Bank of India SO Exam, candidates must have a bachelor’s degree from a recognized university with at least 50% marks in aggregate. Candidates must also be between the ages of 21 and 30 years as on the 1st of January of the year in which the examination is held.
3. What are the subjects that are covered in the Central Bank of India SO Exam?
The Central Bank of India SO Exam is a two-tier examination. The first tier is a preliminary examination, which is objective in nature. The second tier is a main examination, which is both objective and descriptive in nature. The subjects that are covered in the preliminary examination are English, General Knowledge, and Quantitative Aptitude. The subjects that are covered in the main examination are English, General Knowledge, Quantitative Aptitude, Reasoning, Data Interpretation and Analysis, and Economic and Business Environment.
4. What is the syllabus for the Central Bank of India SO Exam?
The syllabus for the Central Bank of India SO Exam is available on the official website of the bank. The syllabus is divided into two parts: the preliminary examination syllabus and the main examination syllabus. The preliminary examination syllabus is as follows:
- English: The English paper will test the candidate’s knowledge of grammar, vocabulary, and comprehension.
- General Knowledge: The General Knowledge paper will test the candidate’s knowledge of current affairs, HISTORY, Geography, and economics.
- Quantitative Aptitude: The Quantitative Aptitude paper will test the candidate’s skills in arithmetic, algebra, geometry, and data interpretation.
The main examination syllabus is as follows:
- English: The English paper will test the candidate’s knowledge of grammar, vocabulary, and comprehension.
- General Knowledge: The General Knowledge paper will test the candidate’s knowledge of current affairs, history, geography, and economics.
- Quantitative Aptitude: The Quantitative Aptitude paper will test the candidate’s skills in arithmetic, algebra, geometry, and data interpretation.
- Reasoning: The Reasoning paper will test the candidate’s logical reasoning, analytical reasoning, and problem-solving skills.
- Data Interpretation and Analysis: The Data Interpretation and Analysis paper will test the candidate’s ability to interpret and analyze data.
- Economic and Business Environment: The Economic and Business Environment paper will test the candidate’s knowledge of economics, business, and finance.
5. What are the exam dates for the Central Bank of India SO Exam?
The exam dates for the Central Bank of India SO Exam are usually announced in the month of January. The preliminary examination is usually held in the month of May, and the main examination is usually held in the month of August.
6. How to prepare for the Central Bank of India SO Exam?
The best way to prepare for the Central Bank of India SO Exam is to start preparing early. Candidates should make sure that they have a good understanding of the syllabus and the exam pattern. They should also practice solving previous year’s question papers. Candidates should also make sure that they are familiar with the English language and the General Knowledge.
7. What are the job opportunities after clearing the Central Bank of India SO Exam?
Candidates who clear the Central Bank of India SO Exam will be eligible for various positions in the bank. These positions include:
- Officer (General Banking)
- Officer (Foreign Exchange)
- Officer (Treasury)
- Officer ( Banking)
- Officer (Risk Management)
- Officer (Compliance)
- Officer (Human Resources)
- Officer (Information Technology)
8. What is the salary for Central Bank of India SO?
The salary for Central Bank of India SO is very attractive. The starting salary for a Central Bank of India SO is around Rs. 30,000 per month. The salary increases with experience and seniority.
9. What are the benefits of being a Central Bank of India SO?
The benefits of being a Central Bank of India SO are many. These benefits include:
- Competitive salary
- Perks and allowances
- Job security
- Pension
- Medical benefits
- Leave benefits
- Promotion opportunities
- Training opportunities
- Career growth