Important Dates
Particulars | Date |
|---|---|
Commencement date of on-line application | 07.02.2024 |
Last Date of the online application | 25.02.2024 |
Date of Online Examination | March/ April 2024 |
Number of Vacancies
|
Post / s |
Minimum Age |
Maximum Age (as on 01.01.2024) |
Total Vacancies |
|
Forex Manager Scale II |
25 |
35 |
15 |
Relaxation in Age Limit
|
Category |
Age Relaxation |
|
Scheduled Caste/ scheduled Tribe Candidates |
By 5 years |
|
Other Backward classes (OBC) Candidates (Non-Creamy layer) |
By 3 years |
|
Persons with Benchmark Disability as defined under “The Rights of Persons with Disabilities Act, 2016” |
By 10 years |
|
Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have |
|
|
rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment, subject to ceiling as per Government guidelines |
By 5 years |
|
Persons affected by 1984 riots |
By 5 years |
Eligibility Criteria
Educational Qualifications
|
Posts |
Qualifications |
|
Forex Manager Scale II |
Mandatory: Full time MBA or Post Graduate Diploma in Management or equivalent with specialization in Finance/ International Business from any Institute/ College/ University recognized/ approved by Govt. bodies/ AICTE/ UGC with minimum 60% marks or equivalent grade. |
Experience & Job Roles (As on 25.02.2024)
|
Posts |
Experience |
Job Roles |
|
Forex Manager Scale II |
Mandatory: Minimum 2 years experience as an Officer in the related field Desirable: Forex related experience in banks |
Handling of forex related transactions at AD Branches/ Back Offices/ Administrative Offices |
Selection Process
I. Written/ Online Test:
|
Parts |
Name of Test |
No. of Questions |
Maximum Marks |
Duration |
|---|---|---|---|---|
|
Part I |
Reasoning |
25 |
25 |
120 Minutes |
|
English Language |
25 |
25 |
||
|
Quantitative Aptitude |
50 |
50 |
||
|
Part II |
Professional Knowledge |
50 |
100 |
II. Personal Interview:
- Candidates who obtain minimum qualifying marks as decided by the Bank in Part-I will be considered for shortlisting for Interview on the basis of merit prepared as per marks obtained by them in Part-II i.e. Professional Knowledge, provided they fulfil the other eligibility criteria with regard to educational qualification and post educational qualification work experience for the respective post.
- Personal Interview will be of 50 marks. Minimum qualifying marks in interview shall be 45% i.e. 22.50 for SC/ST candidates & 50% i.e. 25 for other candidates.
Bond Period
|
Scale |
Bond Amount |
Bond Period |
|
Scale I |
Rs. 1.00 Lakh |
3 years |
Course Features
Syllabus
Quantitative Aptitude
- Data Interpretation
- Data Sufficiency
- Number Series
- Time and Work
- Time and Distance
- Approximation
- Simple and Compound Interest
- Ratio and Proportion
- Averages
- Mixture and Allegation
- Pipes and Cisterns
- Problems based on trains
- Percentages
- Partnership
- Profit, Loss and Discount
- Elements of Algebra
- Quadratic Equations
Reasoning Ability
- Puzzles
- Seating Arrangements
- Coding & Decoding
- Syllogism
- Machine Input Output
- Direction Sense Test
- Blood Relations
- Problems based on Ages
- Rankings
- Data Sufficiency
- Statement and Conclusions
- Statement and Assumptions
- Statement and Arguments
English Language
- Reading Comprehensions
- Para Jumbles
- Vocabulary
- Error Spotting
- Cloze test
FOREX Professional Knowledge
Module A
- Different Kinds of Inter‐Bank Forex Markets
- Nature of Transactions
- Cross Border Currency Flows
- Liberalization of Exchange Control
- Role of Banks in Forex Market
- Export finance
Module B
- Exchange Rate Quotes
- Factors affecting Exchange Rates
- Exchange Rate Mechanism
- Spot and Cross and Forward Rates
- Premium and Discount
- Forward Contracts–Booking, Extension, Cancellation
Module C
International Treasury- Market Participants
- Various Forex Treasury Products
- Volatility of Major Currencies
- Currency Trading
Module D
Law- FEDAI Rules
- FEMA Regulations for Import / Export Transactions ‐
- Current A/c Rules –Capital Account Transactions.
- FDI / FPI Guidelines in India and impact of Inflows &
- Outflows on Forex Treasury.
- GDRs / ADRs, Tandoori Bonds, Pass Through Certificates.
- Loan Syndications and FRN
- Interest Rates and Volumes
- Tax Implications
Module E
- Futures, Options and Swaps
- Price Calculation of Various Instruments
- Swaps ‐ Outright Deals, Dealer Operations
- Trends in Futures Market
- Short Term Interest Rate Futures
Module F
RBI circulars and related laws- RBI circulars (2 year)
- Impact of Recent Global Crises – Role of IMF, FEDAI/WORLD BANK/NEW DEVELOPMENT BANK/AIIB BANK.
- Contract act 1872
- Banking regulation 1949
- RBI act 1934
- Negotiable instruments act 1881
- Companies act
- Payment and settlement act 2007
- Government sponsored schemes
Module G
- Indian Financial System
- Regulatory bodies in India
- Money market and Capital market instruments
- Time value of money
- Basics of derivatives
- Leverages
- Capital budgeting
Module H
- Documentation
- IRAC norms
- Types of charges
- Management of impaired assets
- IBC 2016
- SARFAESI AC
Module I
- Basics of Financial statements
- Ratio analysis
- Cash flow statement
- Fund flow statement
- Project appraisal
- Working capital management
- CAPM
