Dear Readers,
India Exim Bank has recently released the 2023-24 recruitment notification for Management Trainee. Here we are sharing the Important information about the latest notification about the Number of vacancies, Exam Pattern, and Syllabus for India Exim Bank: Management Trainee according to the latest pattern. This syllabus isn't official, we have framed this syllabus based on the latest exam trends and previous year's papers.Number of Vacancies
Important Dates
Events |
Date |
---|---|
Opening Date for on-line registration in Website |
13th December 2023 |
Last day for applying and payment of Examination fee |
1st January 2024 |
Tentative month of Online Examination | January 2024 |
Tentative Month of interview |
January/February 2024 |
Educational Qualification
Position |
Essential Academic Qualifications |
---|---|
Management Trainee (Total No. of posts- 12 ) |
Minimum 60% aggregate marks / equivalent Cumulative Grade Points Average (CGPA), in Graduation. MBA/PGDBA, with specialization in Finance or Chartered Accountants (CA). MBA/PGDBA course should be of a minimum 2-year full time duration, with a specialization in Finance with minimum 60% aggregate marks / equivalent CGPA. In case of CA, passing the professional examination is sufficient. Candidates who have appeared / appearing for the MBA/PGDBA or Chartered Accountancy and are expecting their results in the year 2024 are eligible to apply. |
Age Criteria
Position |
Maximum age as on January 01, 2024, including age relaxation (years) |
Stipend p.m. (in Rs.) |
||
---|---|---|---|---|
UR/EWS |
SC/ST |
OBC (non-creamy layer) |
||
Management Trainee (MT) |
|
30 |
28 |
55,000/- |
Career Path
- Management Trainees will be absorbed in Grade/Scale Junior Management (JM) I as Deputy Manager, after successful completion of traineeship for one year in the Bank. A monthly stipend of ` 55,000/- will be paid during the period of the traineeship.
Exam Pattern
Sr. No. | Name of the Test | No. of Questions | Max. Marks | Time (minutes) |
---|---|---|---|---|
Objective Type (Qualifying Nature)* | ||||
1. | Reasoning and Quantitative Aptitude | 20 | 20 | 80 Mins. |
2. | English Language | 20 | 20 | |
3. | Computer Knowledge/ Aptitude | 20 | 20 | |
4. | Financial Awareness with reference to Banking industry | 20 | 20 | |
5. | Data analysis and interpretation | 20 | 20 | |
Subtotal - (A) | 100 | |||
Descriptive Paper (will be considered for shortlisting for interview) | ||||
1. | English Paper |
Essay – 1 Letter Writing – 1 |
15
10 |
|
2. | Professional Knowledge |
Question 1 Question 2 Question 3 Question 4 Question 5 |
15
15 15 15 15 |
100 Mins. |
Subtotal - (B) | 100 | |||
Total (A) & (B) | 200 | 180 Mins. |
Multiple choice questions. Candidates will be given the option to respond either in Hindi or English, except for the descriptive English paper. Options per question in Objective Section: 5 options Penalty for wrong answer: ¼ marks assigned to that question will be deducted.
Syllabus for India Exim Bank Management Trainee
Reasoning
- Coding & Decoding
- Alphanumeric series
- Inequalities
- Tabulation
- Statement and Conclusions
- Statement and Assumptions
- Statement and Arguments
- Analogy and classification
- Clocks and Calendar
- Syllogism
- Machine Input Output
- Puzzles
- Seating Arrangements
- Direction Sense Test
- Blood Relations
- Problems based on Ages
- Ranking and Order
- Data Sufficiency
- Logical Reasoning
- Non- Verbal Reasoning
Quantitative Aptitude
- Data Interpretation
- Data Sufficiency
- Number Series
- Ratio and Proportion
- Averages
- Clocks
- Permutation and Combinations
- Probability
- Profit, Loss, and Discount
- Mixture and Allegation
- Pipes and Cisterns
- Problems based on trains
- Percentages
- Partnership
- Time and Work
- Time and Distance
- Simple and Compound Interest
- Elements of Algebra
- Quadratic Equations
Data Analysis and Interpretation
- Data Interpretation
- Data Sufficiency
English
- Reading Comprehensions
- Para Jumbles
- Error Spotting
- Sentence Improvement
- Cloze test
- Para Completion
- Vocabulary
- Rearrangement of sentences
Computer Knowledge
- Hardware and Software
- Operating System Basics
- Internet Terms and Services
- MS-Office (MS-Word, MS-Excel, MS-PowerPoint)
- History of Computers
- Networking and Communication
- Database
- Security Tools and Viruses
Financial Awareness
- RBI Circulars
- Latest Government Schemes
- Banking products
- Banking Awareness(Updated on monthly basis)
- Priority sector lending
- Basel Norms
- RBI regulations for Commercial banks, RRBs, Small Finance Banks, HFCs, NBFCs, and UCBs
- Indian Financial System
- Financial market instruments
- International reports and indices
- Important committees
- Foreign investment and trade
- Union budget
- Latest mergers and MOUs of banks and financial institutions
- Financial regulatory institutions in India
- Mutual Funds
Professional Knowledge Syllabus
Descriptive English
- Essay Writing
- Letter Writing
Professional Knowledge
- Annual Reports – Balance Sheet; Profit & Loss Account; Statement of Cash Flows; Financial Ratios; etc.
- Financial Projections – Projected Balance Sheet; Profit & Loss Account; Statement of Cash Flows; BEP, Time Value of Money, NPV, IRR, DSCR, ICR; Sensitivity Analysis, etc.
- Financial Management & Forex Markets – ECBs; Interest Rate Benchmarks, including new alternatives; Accounting Standards – Indian (Indian GAAP and IND AS) and Global; Equity & Bond Pricing; Derivatives – Swap, Options, Forwards, Futures; FC/INR Resource Raising, etc.
- Trade Finance - Letters of Credit, Bank Guarantees, Supplier's Credit & Buyer’s Credit, UCPDC 600, URDG, etc.
- KYC & Compliance – CIBIL, CRILC, CFR, FATF, OFAC, SDN, AML/CFT, CEIB, FATCA, etc.
- Stressed Accounts, NPA & Recovery Process – RBI Master Circulars; IRAC Norms; SARFAESI, IBC, Recent Initiatives / Actions taken by the Government & the RBI, etc.
- Risks Management & Audit – Types of Risks, Evaluation and Mitigation of Risks, Basel III Norms, etc.
- Indian & Global Economy - India’s International Trade & Services; Top Export & Import Sectors; Industry Analysis; Trade Agreements, etc.
- Indian Financial System – Reserve Bank of India; SEBI; Export Credit Agencies; DFIs; Banks – Public, Private & Foreign; Financial SEZs, etc.
- Taxation - Direct and Indirect Taxation, applicable to Financial Transactions; key International Taxation aspects, etc.
- Legal and Regulatory Framework - Indian Contract Act, Company Law (aspects related to AOA & MOA), Security Creation, Registration of Charges, FEMA, ODI Guidelines, etc.
India Exim Bank: Management Trainee 2023 Course
Course features
- Video classes for all the subjects
- Complete study material in PDF
- Test Series - 10 full-length tests
- Chapter-wise tests
- Systematic study plan
- Interview preparation guide