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 is responsible for formulating and implementing , regulating the Banking system, and managing the country’s Foreign Exchange reserves. It also acts as the lender of last resort to the banking system.
The CBI is governed by a board of directors, which is appointed by the government of India. The board is responsible for setting the policies of the CBI and overseeing its operations.
The CBI is headquartered in Mumbai, with branches in all major cities in India. It also has offices in London, New York, and Tokyo.
The CBI is a statutory body, which means that it is governed by a law passed by the Parliament of India. The CBI Act, 1934, is the main law that governs the CBI.
The CBI is a powerful institution, and it plays a vital role in the Indian economy. It is responsible for ensuring the stability of the financial system and for promoting economic Growth.
The CBI is also responsible for investigating financial crimes, such as Money laundering and fraud. It has the power to arrest and detain suspects, and to seize assets.
The CBI is a highly respected institution, and it is known for its independence and Integrity. It is a key player in the Indian economy, and it plays a vital role in ensuring the stability of the financial system.
Syllabus for Central Bank Of India So Exam 2024
The syllabus for the Central Bank of India SO Exam 2024 is as follows:
Paper I: General Studies
- Indian Polity and Governance
- Indian Economy
- General Knowledge
- Current Affairs
Paper II: Banking and Finance
- Financial Markets and Institutions
- Money and Banking
- Financial Derivatives
- International Finance
Paper III: English Language
- Comprehension
- Grammar
- Vocabulary
- Writing
Paper IV: Quantitative Aptitude
- Number Systems
- Algebra
- Geometry
- Probability
- Statistics
Paper V: Reasoning Ability
- Verbal Reasoning
- Non-Verbal Reasoning
- Logical Reasoning
- Analytical Reasoning
The exam will be conducted in two phases: Phase I and Phase II. Phase I will be a written exam, and Phase II will be an interview. The written exam will be held on February 25, 2024, and the interview will be held on March 11, 2024.
The total marks for the exam are 1000. The marks for each paper are as follows:
Paper I: 200 marks
Paper II: 200 marks
Paper III: 200 marks
Paper IV: 200 marks
Paper V: 200 marks
The minimum qualifying marks for the exam are 50%. The candidates who qualify in the written exam will be called for the interview. The interview will be of 100 marks.
The final selection will be based on the marks obtained in the written exam and the interview. The candidates who are selected will be appointed as Probationary Officers in the Central Bank of India.
The Central Bank of India SO Exam 2024 is a very competitive exam. The number of vacancies for the exam is usually around 100. The exam is conducted every year.
The exam is very difficult, and it is important to prepare well for it. The syllabus for the exam is very vast, and it is important to cover all the topics.
The best way to prepare for the exam is to take a good coaching class. There are many coaching classes available for the exam. The coaching classes will help you to prepare for the exam in a systematic manner.
The coaching classes will also provide you with mock tests and study materials. The mock tests will help you to assess your preparation level, and the study materials will help you to understand the concepts better.
It is also important to practice regularly for the exam. You can practice by solving the previous year’s question papers. The previous year’s question papers will help you to understand the pattern of the exam.
It is also important to stay calm and composed during the exam. The exam is very difficult, and it is important to stay calm and composed to perform well in the exam.
I hope this article has helped you to understand the syllabus and exam pattern for the Central Bank of India SO Exam 2024. I wish you all the best
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 is responsible for formulating and implementing monetary policy, regulating the financial system, and promoting financial stability. It also acts as the lender of last resort to banks and other financial institutions.
The CBI is governed by a board of directors, which is appointed by the Government of India. The board is responsible for overseeing the CBI’s operations and ensuring that it complies with the law.
The CBI is headquartered in Mumbai, with branches in all major cities in India. It also has offices in London, New York, and Tokyo.
The CBI is a statutory body, which means that it is established by law. The Reserve Bank of India Act, 1934, is the law that governs the CBI.
The CBI’s main objectives are to:
- Maintain price stability
- Promote economic growth
- Ensure financial stability
- Promote Financial Inclusion
The CBI’s main functions are to:
- Formulate and implement monetary policy
- Regulate the financial system
- Promote financial stability
- Act as the lender of last resort to banks and other financial institutions
- Provide banking Services to the Government of India
- Conduct research on the Indian economy and the financial system
The CBI’s main sources of income are:
- Interest on its investments
- Commission on its banking services
- Fees for its regulatory services
The CBI’s main expenses are:
- Salaries and allowances of its employees
- Operating expenses
- Depreciation
The CBI is a profitable organization. In 2021, it had a net profit of â?¹35,611 crore.
The CBI is a well-respected organization. It is considered to be one of the most efficient and effective central banks in the world.
The CBI is a major player in the Indian economy. It plays a key role in maintaining price stability, promoting economic growth, and ensuring financial stability.
The CBI is a complex organization with a wide range of functions. It is important to understand the CBI’s role in the Indian economy in order to appreciate its importance.
Here are some frequently asked questions about the CBI:
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What is the CBI?
The 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. -
What are the CBI’s objectives?
The CBI’s main objectives are to: - Maintain price stability
- Promote economic growth
- Ensure financial stability
-
Promote financial inclusion
-
What are the CBI’s functions?
The CBI’s main functions are to: - Formulate and implement monetary policy
- Regulate the financial system
- Promote financial stability
- Act as the lender of last resort to banks and other financial institutions
- Provide banking services to the Government of India
-
Conduct research on the Indian economy and the financial system
-
What are the CBI’s sources of income?
The CBI’s main sources of income are: - Interest on its investments
- Commission on its banking services
-
Fees for its regulatory services
-
What are the CBI’s main expenses?
The CBI’s main expenses are: - Salaries and allowances of its employees
- Operating expenses
-
Depreciation
-
Is the CBI a profitable organization?
Yes, the CBI is a profitable organization. In 2021, it had a net profit of â?¹35,611 crore. -
Is the CBI a well-respected organization?
Yes, the CBI is a well-respected organization. It is considered to be one of the most efficient and effective central banks in the world. -
What is the CBI’s role in the Indian economy?
The CBI plays a key role in maintaining price stability, promoting economic growth, and ensuring financial stability. -
What is the CBI’s relationship with the Government of India?
The CBI is an independent organization, but it is accountable to the Government of India. The Government of India appoints the CBI’s board of directors and has the power to remove the CBI’s governor.