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 keep the value of the rupee stable.
- To promote the Growth of the Indian economy.
- To maintain financial stability.
- To provide Banking and financial Services to the government and to the public.
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 a number of functions, including:
- Issuing bank notes.
- Maintaining the value of the rupee.
- Regulating the banking system.
- Supervising the financial system.
- Promoting the growth of the Indian economy.
- Maintaining financial stability.
- Providing banking and financial services to the government and to the public.
The CBI is a powerful institution, and its decisions have a significant impact on the Indian economy. The CBI is also a controversial institution, and its policies have been criticized by some. However, the CBI is an important part of the Indian financial system, and it plays a vital role in the Indian economy.
The CBI is a good place to work for those who are interested in a career in banking or finance. The CBI offers a competitive salary and benefits package, and it provides opportunities for professional development. The CBI is also a good place to work for those who are interested in .
If you are interested in working for the CBI, you should have a strong academic background in economics, finance, or a related field. You should also have strong analytical and problem-solving skills. You should also be able to work independently and as part of a team.
The CBI is a challenging but rewarding place to work. If you are interested in a career in banking or finance, the CBI is a good place to start.
Here are some books that you may find helpful for the CBI exam 2024:
- The Reserve Bank of India: A HISTORY by S.S. Taraporevala
- The Central Bank of India: A Study in Indian Monetary Policy by R.K. Hazari
- The Indian Financial System by R.G. Rajan and Arvind Subramanian
- Monetary Policy in India by Indira Rajaraman
- Financial Markets and Institutions in India by R.N. Malhotra
- Banking and Financial Sector Reforms in India by Deepak Mohanty
- Indian Economy: A Macroeconomic Perspective by Kaushik Basu
- India’s Economic Reforms: An Assessment by Vijay Kelkar
- India’s Economic Development: A Critical Analysis by Isher Judge Ahluwalia
- India’s Economic Reforms: A Roadmap for the Future by Montek Singh Ahluwalia
- India’s Economic Reforms: The Challenges Ahead by Vijay L. Kelkar
Here are some frequently asked questions and short answers about the Central Bank Of India So Exam 2024:
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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. -
What are the eligibility criteria for the Central Bank of India SO Exam?
The eligibility criteria for the Central Bank of India SO Exam are as follows: -
Candidates must be Indian citizens.
- Candidates must have a bachelor’s degree from a recognized university.
- Candidates must have a minimum of 55% marks in their bachelor’s degree.
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Candidates must have a maximum age of 30 years as on 1st January 2024.
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What are the syllabus and pattern of the Central Bank of India SO Exam?
The syllabus and pattern of the Central Bank of India SO Exam are as follows:
Syllabus:
- General Awareness
- English
- Quantitative Aptitude
- Reasoning Ability
- Data Interpretation and Analysis
Pattern:
- The exam will be conducted in two stages: Preliminary Examination and Main Examination.
- The Preliminary Examination will be a objective-type paper of 200 marks.
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The Main Examination will be a descriptive-type paper of 1000 marks.
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What are the books that I should refer to for the Central Bank of India SO Exam?
The following books are recommended for the Central Bank of India SO Exam: -
General Awareness: Lucent’s General Knowledge
- English: The Hindu Editorials
- Quantitative Aptitude: R S Aggarwal’s Quantitative Aptitude for Competitive Examinations
- Reasoning Ability: Kiran Prakashan’s Reasoning Ability for Competitive Examinations
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Data Interpretation and Analysis: Arun Sharma’s Data Interpretation and Analysis for Competitive Examinations
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What are the tips for the Central Bank of India SO Exam?
The following tips are helpful for the Central Bank of India SO Exam: -
Start your preparation early.
- Make a study plan and stick to it.
- Practice regularly.
- Solve previous year’s papers.
- Take mock tests.
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Stay calm and confident on the day of the exam.
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What are the career prospects after clearing the Central Bank of India SO Exam?
The career prospects after clearing the Central Bank of India SO Exam are very good. The candidates can get jobs in various positions in the Central Bank of India such as Officer (Scale I), Officer (Scale II), and Officer (Scale III). The starting salary for these positions is very attractive and there are good opportunities for growth and promotion.