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