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Punjab National Bank Forex Manager Scale II Recruitment 2024

Published on Wednesday, February 07, 2024
PNB SO Scale-II Forex Manager exam is going to be conducted for the selection of Scale-II Forex Manager in PNB bank. On this page, we will provide Exam Pattern, Exam Syllabus, and Previous papers for PNB SO Scale-II Forex Manager 2024 exam.

Important Dates



Commencement date of on-line application


Last Date of the online application


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




Relaxation in Age Limit


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

Note: The maximum age as on 01.01.2024 is applicable to Unreserved category Candidates and Economically Weaker Sections (EWSs) category candidates.

Eligibility Criteria

Educational Qualifications



Forex Manager Scale II

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.
Desirable: Certificate Course in Forex conducted by FEDAI/ IIBF/ NIBM or any other reputed Institute will be preferred.

Experience & Job Roles (As on 25.02.2024)



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

Note: The level of educational qualification prescribed for the posts is minimum. Candidates must possess above qualifications/ certifications/ post educational qualification work experience  As on closing date of registration i.e. 25.02.2024 and must produce Mark Sheets/ Provisional Certificate/ Degree Certificate/ Course Completion Certificate issued from the University/ College/ Institute and work experience certificate in the relevant field.

Selection Process

Selection will be based on Online Written Test followed by Personal Interview or Personal Interview only, depending upon number of applications received against each post, as per discretion of the Bank.

I. Written/ Online Test: 

In case the Bank decides to conduct Online Test, the same will comprise of as under:


Name of Test

No. of Questions

Maximum Marks


Part I




120 Minutes

English Language



Quantitative Aptitude



Part II

Professional Knowledge



Note: For each wrong answer given by the candidate, one fourth of the marks assigned to that question will be deducted as penalty to arrive at corrected score.

Candidates have to qualify all the tests of Part-I and Part-II i.e. Professional Knowledge test will be evaluated only for those candidates who qualify in each paper in Part-I. Minimum qualifying marks in each individual test will be decided by the Bank based on the collective response of the candidates.

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


Bond Amount

Bond Period

Scale I

Rs. 1.00 Lakh

3 years

Note: Candidates are advised to note that if selected, they will be required to execute an Indemnity Bond(before joining the Bank) with surety for serving the Bank for a specified period as mentioned below. In case he/she resigns from or leaves/abandons the service and /or neglects in performance of the duty assigned to him/ her leading to termination of his/her service as per rules/ regulations of the Bank before the specified period, he/she will indemnify the Bank up to the extent of bond amount for all the losses, costs, charges and expenses.

PNB SO Scale-II Forex Manager 2024

JMG Scale II Course by Ramandeep Singh
Join here

Course Features

Team BankExamsToday is offering is a full-fledged, comprehensive and systematic course for the preparation of Punjab National Bank Forex Manager Scale 2 exams:

  • Daily video classes
  • Study Material
  • Live sessions
  • Unit tests
  • Special attention to Professional knowledge section from Day 1
  • 5 full-length mock tests 
  • Interview preparation guide
  • 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

    Foreign Exchange Markets
    • 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

    Forex Concepts
    • 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

    • 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

    Derivative Markets
    • 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

    Financial management
    • 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

    Management of Impaired assets
    • Documentation
    • IRAC norms
    • Types of charges
    • Management of impaired assets
    • IBC 2016

    Module I

    Analysis of Financial Statements
    • Basics of Financial statements
    • Ratio analysis
    • Cash flow statement
    • Fund flow statement
    • Project appraisal
    • Working capital management
    • CAPM

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