Eligibility Criteria for IDBI Executive Exam 2024
The Industrial Development Bank of India (IDBI) conducts an examination for the recruitment of executives in various departments. The eligibility criteria for the IDBI Executive Exam 2024 are as follows:
Nationality
- Candidates must be a citizen of India.
Age Limit
- For General Category: Minimum 21 years and Maximum 30 years as on the closing date of online application.
- For OBC Category: Minimum 21 years and Maximum 33 years as on the closing date of online application.
- For SC/ST Category: Minimum 21 years and Maximum 35 years as on the closing date of online application.
- For PwD Category: Minimum 21 years and Maximum 40 years as on the closing date of online application.
Note: Age relaxation is applicable for reserved categories as per the government norms.
Educational Qualification
- Candidates must possess a Bachelor’s Degree in any discipline from a recognized University.
- Candidates must have secured at least 60% marks in their graduation (55% for SC/ST/PwD candidates).
Selection Process
The selection process for the IDBI Executive Exam 2024 will consist of the following stages:
- Online Examination: This will be a computer-based test consisting of objective type questions. The exam will be conducted in two phases:
- Phase I: This phase will consist of questions on Reasoning, Quantitative Aptitude, English Language, and General Awareness.
- Phase II: This phase will consist of questions on the subject related to the post applied for.
- Interview: Candidates who qualify in the online examination will be shortlisted for an interview. The interview will be conducted by a panel of experts from IDBI.
Exam Pattern
Table 1: Exam Pattern for IDBI Executive Exam 2024
| Section | Number of Questions | Marks | Time Allowed |
|---|---|---|---|
| Reasoning | 40 | 40 | 40 minutes |
| Quantitative Aptitude | 40 | 40 | 40 minutes |
| English Language | 40 | 40 | 40 minutes |
| General Awareness | 40 | 40 | 40 minutes |
| Total | 160 | 160 | 160 minutes |
Note: The exam pattern and syllabus may vary depending on the post applied for.
Syllabus
The syllabus for the IDBI Executive Exam 2024 will be as follows:
Reasoning:
- Analogies
- Classification
- Coding-Decoding
- Blood Relations
- Direction Sense
- Seating Arrangement
- Puzzles
- Data Sufficiency
Quantitative Aptitude:
- Number Systems
- Percentages
- Profit and Loss
- Simple and Compound Interest
- Time and Work
- Time, Speed, and Distance
- Averages
- Ratio and Proportion
- Data Interpretation
English Language:
- Reading Comprehension
- Vocabulary
- Grammar
- Sentence Correction
- Para Jumbles
General Awareness:
- Current Affairs
- Banking Awareness
- Financial Awareness
- Static GK
Subject Related to the Post Applied For:
- For Finance: Financial Accounting, Management Accounting, Financial Management, Economics, etc.
- For Marketing: Marketing Management, Consumer Behaviour, Sales Management, Advertising, etc.
- For HR: Human Resource Management, Organizational Behaviour, Industrial Relations, etc.
Important Points to Remember
- The eligibility criteria for the IDBI Executive Exam 2024 may vary depending on the post applied for.
- Candidates are advised to check the official notification for the latest updates on the eligibility criteria.
- Candidates are advised to start their preparation early and focus on all the sections of the exam.
- Candidates are advised to practice mock tests to get familiar with the exam pattern and difficulty level.
How to Apply
Candidates can apply for the IDBI Executive Exam 2024 online through the official website of IDBI. The application process will involve the following steps:
- Registration: Candidates need to register themselves on the official website of IDBI.
- Filling the Application Form: Candidates need to fill the application form with all the required details.
- Uploading Documents: Candidates need to upload scanned copies of their photograph, signature, and other required documents.
- Payment of Application Fee: Candidates need to pay the application fee online through debit card, credit card, or net banking.
Important Dates
- Start Date of Online Application: [To be announced]
- Last Date of Online Application: [To be announced]
- Date of Online Examination: [To be announced]
- Date of Interview: [To be announced]
Salary and Benefits
The salary and benefits for the IDBI Executive post will be as follows:
Table 2: Salary and Benefits for IDBI Executive Post
| Component | Amount |
|---|---|
| Basic Salary | â¹ 30,000 – â¹ 60,000 |
| Dearness Allowance (DA) | As per the government norms |
| House Rent Allowance (HRA) | As per the government norms |
| City Compensatory Allowance (CCA) | As per the government norms |
| Medical Allowance | As per the government norms |
| Leave Travel Allowance (LTA) | As per the government norms |
| Gratuity | As per the government norms |
| Provident Fund (PF) | As per the government norms |
| Other Benefits | As per the government norms |
Note: The salary and benefits may vary depending on the post applied for and the location of posting.
Career Growth
The IDBI Executive post offers a good career growth path. Candidates can progress to higher positions in the organization based on their performance and experience. The career growth path may include the following positions:
- Senior Executive
- Assistant Manager
- Deputy Manager
- Manager
- Senior Manager
- General Manager
- Chief General Manager
- Executive Director
- Managing Director
Tips for Preparation
- Start early: Start your preparation early to give yourself ample time to cover the entire syllabus.
- Know the syllabus: Understand the syllabus thoroughly and focus on the important topics.
- Practice mock tests: Practice mock tests regularly to get familiar with the exam pattern and difficulty level.
- Analyze your performance: Analyze your performance in mock tests and identify your strengths and weaknesses.
- Work on your weaknesses: Focus on improving your weak areas and work on your strengths.
- Stay updated: Stay updated with current affairs and banking awareness.
- Stay motivated: Stay motivated and focused throughout your preparation.
Conclusion
The IDBI Executive Exam 2024 is a challenging exam, but with proper preparation and hard work, candidates can crack the exam and secure a rewarding career in IDBI. Candidates are advised to follow the eligibility criteria and the selection process carefully and start their preparation early.
Frequently Asked Questions (FAQs)
1. What is the age limit for the IDBI Executive Exam 2024?
The age limit varies depending on the category. For General Category, the age limit is 21-30 years. For OBC, it is 21-33 years, for SC/ST it is 21-35 years, and for PwD it is 21-40 years.
2. What is the educational qualification required for the IDBI Executive Exam 2024?
Candidates must possess a Bachelor’s Degree in any discipline from a recognized University with at least 60% marks (55% for SC/ST/PwD candidates).
3. What is the selection process for the IDBI Executive Exam 2024?
The selection process involves an online exam followed by an interview.
4. What is the exam pattern for the IDBI Executive Exam 2024?
The online exam consists of four sections: Reasoning, Quantitative Aptitude, English Language, and General Awareness. Each section has 40 questions carrying 40 marks, with a total of 160 questions and 160 marks.
5. What is the syllabus for the IDBI Executive Exam 2024?
The syllabus covers topics like Reasoning, Quantitative Aptitude, English Language, General Awareness, and subjects related to the specific post applied for.
6. How can I apply for the IDBI Executive Exam 2024?
Applications are accepted online through the official website of IDBI.
7. What is the application fee for the IDBI Executive Exam 2024?
The application fee varies depending on the category.
8. What are the important dates for the IDBI Executive Exam 2024?
The important dates, including the start and last date of application, exam date, and interview date, will be announced on the official website.
9. What is the salary and benefits for the IDBI Executive post?
The salary and benefits include a basic salary, DA, HRA, CCA, medical allowance, LTA, gratuity, PF, and other benefits as per government norms.
10. What are some tips for preparing for the IDBI Executive Exam 2024?
Start early, know the syllabus, practice mock tests, analyze your performance, work on your weaknesses, stay updated, and stay motivated.