IBPS SO Law Officer Scale 1

IBPS SO Law Officer Scale 1 exam is conducted every year for the selection of Legal Officers in various PSU banks. On this page, we will provide Exam patter, Exam Syllabus and Previous papers for IBPS SO Law Officer Scale 1 exam.

Exam Pattern 

Preliminary Exam

Serial No. Name of Tests No. of Questions Maximum Marks Duration
1 English Language 50 25 40 Minutes
2 Reasoning 50 50 40 Minutes
3 General Awareness with Special Reference to Banking Industry 50 50 40 Minutes
TOTAL 150 125 120 Minutes

Mains Exam

Name of Tests No. of Questions Maximum Marks Duration
Professional Knowledge 60 60 45 Minutes

Syllabus for Preliminary Examination

General Awareness with Special Reference to Banking Industry

  • Banking Reforms 
  • Regulatory Bodies in India- NABARD, SEBI etc. 
  • International Banking 
  • Important RBI Circulars 
  • Latest Updates in Financial & Capital Markets 
  • Financial Terms 
  • Banking Terms 
  • Latest Acts related to Banking 
  • Priority Sector Lending 
  • NPA - latest news 
  • SARFAESI Act 
  • RBI Monetary Policy 
  • Capital & Money Market Instrument 
  • Commercial Banks, NBFCs, HFC - Latest news 
  • Mergers and Acquisitions in Banking Companies 
  • Credit Rating and Agencies 
  • Payment Options- NEFT, RTGS, Bharat Bill payment etc.
  • RBI’s circulars

Reasoning

  • Coding & Decoding
  • Syllogism
  • Machine Input Output
  • Puzzles
  • Seating Arrangements
  • Direction Sense Test
  • Blood Relations
  • Problems based on Ages
  • Rankings
  • Data Sufficiency
  • Statement and Conclusions
  • Statement and Assumptions
  • Statement and Arguments

English

  • Reading Comprehensions
  • Para Jumbles
  • Para Completion
  • Vocabulary
  • Error Spotting
  • Sentence Improvement
  • Cloze test

Syllabus for Mains Examination

Professional Knowledge (Law) Syllabus

1. Constitution of India (Weightage: 5-6 questions)
  • Constitution of India, 1950 and its amendments
  • Preamble- Part I, Part III, Part IV, Part IVA, Part V, Part VI, Part VIII, Part IXA, Part IXB, Part XI.
2. Banking Laws (Weightage: 12-15 questions)
  • Negotiable Instrument act, 1881
  • Reserve Bank of India Act, 1934
  • The Industrial Disputes (Banking and Insurance Companies) Act–1949
  • The Banking Regulation(Companies) Rules–1949
  • The Banking Regulation Act–1949
  • The National Bank for Agriculture and Rural Development Act–1981
  • NABARD General Regulations 1982
  • Insurance Regulatory and Development Authority Act, 1999
  • Foreign Exchange Management Act, 1999
  • The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI-2002)
  • Prevention of Money Laundering Act, 2002
  • Government Securities Act, 2006
  • Banking Ombudsman Scheme, 2006
  • Banker’s Books Evidence Act, 1891
  • Insolvency and Bankruptcy Code
3. Commercial Laws (Weightage: 7-10 questions)
  • Companies Act, 2013
  • Societies Registration Act, 1860
  • The Indian Partnership Act, 1932
  • The Companies Amendment Act, 2006
  • The Limited Liability Partnership Act, 2008
  • Sales of Goods Act, 1930
  • National Company Law Tribunal
  • Indian Partnership Act, 1932
  • Minimum Wages Act, 1948
  • Maternity Benefit Act, 1961
  • Workmen’s Compensation Act, 1923
  • The Stamp Act, 1765
  • IBC, 2016
  • Factories Act, 1948
  • Industrial Disputes Act, 1947
4. Civil Laws (Weightage: 6-8 questions)
  • The Indian Contract Act, 1872
  • Consumer Protection Act, 1986
  • Right to Information Act, 2005
  • Transfer of Property Act, 1882
  • Citizenship Amendment Act, 2019
  • Specific Relief Act, 1963.
  • Law of Torts
5. Criminal Law (Weightage: 4-5 questions)
  • Indian Penal Code, 1860
  • CrPC, 1973
  • CPC, 1908
6. Taxation Laws (Weightage: 4-5 questions)
  • Income Tax Act, 1961
  • Goods and Services tax Act, 2017
7. Securities Law (Weightage: 3-4 questions)
  • SEBI Act, 1992,
  • SC(R) Act, 1956,
  • Depositories Act, 1996.
8. Miscellaneous (Weightage: 13-15 questions)
  • Information Technology Act, 2000
  • Specific Relief Act, 1963
  • Indian Evidence Act, 1872
  • Administrative Law and Principles of Natural Justice.
  • Jurisprudence and Interpretation of Statutes
  • Important Latin terms and maxims
  • Arbitration and Conciliation Act, 1996
  • Competition Act, 2002
  • Limitation Act, 1963

IBPS SO Law Officer Course by Ramandeep Singh

Team BankExamsToday is offering is a full-fledged and a comprehensive course for the preparation of IBPS SO Law Officer Exam.

Course features

  • Video classes for Preliminary and Mains exams
  • Complete study material in PDF
  • Test series - 10 full-length tests
  • Chapter-wise tests
  • Systematic study plan
  • Interview preparation guide

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