IDBI ESO/ JAM is just 20+ days away

With IDBI exams scheduled on December 30 & 31, 2023, there are only 20+ days left in the exam. There are 2,100 vacancies this year and there will be a lot of banking aspirants who would be appearing in this exam. The competition is really tough as a majority of these aspirants would already be preparing for other banking exams. You need to put the best of your performance on the day of the exam and for that, you have to utilize the remaining time appropriately.

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IDBI JAM/ ESO- Exam Pattern

Let’s have a look at the exam pattern of IDBI JAM/ ESO.

Note: 

• The above tests except the tests of English Language will be available bilingually, i.e. English and Hindi.
• Candidates have to qualify in each of the four tests, by securing cut-off marks as decided by the Bank.
• For each question for which a wrong answer has been given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected/final score.

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Revision Strategy for English

There will be 40 questions of 40 marks which should be answered in 120 minutes (120 mins include other sections as well as there is no sectional timing in place). This simply means you get less than a minute for a question. Let’s have a look at the revision strategy: Reading Comprehension is something which is nearly indispensable in the English section. Keep practising RC questions on a regular basis via Sectional Tests until the day of the exam and see which questions are you answering wrongly. Have a look at the analysis & detailed solutions and try not to repeat those mistakes in the upcoming sectional tests. Also, try taking Topic Tests and Mini Mocks which are absolutely free of cost on the PracticeMock platform. 

Along similar lines, do the practice & analysis of questions on the below topics: Error Spotting, Fill in the Gaps, Phrase Replacement, and Sentence Completion. Also, revise the rules of the below topics:

• Parts of Speech
• Voice Change
• Narration
• Tense
• Singular-plural
• Subject-verb Agreement
• Degrees of Comparison
• Articles
• Preposition
• Conjunction

If you’re already reading the editorial of a newspaper on a daily basis, keep continuing that practice.

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Revision Strategy for Quantitative Aptitude

There will be 40 questions of 40 marks for which you will be allotted 120 minutes (120 mins includes other sections as well as there is no sectional timing in place). You need to be mindful of difficult questions and keep them for the end. Keep trying this strategy of identifying difficult questions in the Sectional & Mock Tests. Also, you need to view the detailed solutions of the questions answered incorrectly so that you don’t repeat the same mistake in the real exam. Basically, the questions of this section can be segregated as per the below topics:

• Simplification & Approximation
• Number Series
• Data Interpretation
• Quadratic Equations
• Quantity based Questions
• Miscellaneous
• Data Sufficiency

Keep your fundamentals of ratio, average & percentage crystal-clear. These concepts are frequently used in different word problems as well as data interpretation questions. Also, memorize the tables until 30 and square & square roots of numbers until 30 and cube & cube roots until 20. Take topic-wise sectional quizzes & Mini Mocks on PracticeMock platform free of cost which are updated on a daily basis.

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Revision Strategy for Logical Reasoning, Data Analysis & Interpretation

There are 60 questions of 60 marks and you get 120 minutes (120 mins includes other sections as well as there is no sectional timing in place). Keep taking Mini Mocks for the Reasoning section on the PracticeMock platform & check the detailed solutions for the questions answered incorrectly. Please keep in mind that questions will have differential marking in this section so proceed accordingly. Below are the topics which you shouldn’t miss to practice & revise in these 20 days.

• Arrangement & Pattern
• Coding-Decoding
• Classification
• Inequalities
• Syllogism
• Machine Input Output
• Data Sufficiency
• Blood Relations
• Analytical Decision Making & Verbal Reasoning
• Puzzles:
• Linear Seating Arrangement
• Circular Seating Arrangement
• Scheduling
• Double Lineup
• Ordering & Ranking
• Direction Sense

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Please keep in mind that all sections in the real test will have a mix of easy and difficult questions. Ideally, you need to skip the difficult questions and solve the easy ones first. To attain dexterity in this skill you need to undergo a lot of practice. Mock Tests are a perfect tool to practice and sharpen your conceptual clarity.

Revision Strategy for General/ Economy/ Banking Awareness/ Computer/ IT

This section has 60 questions of 60 marks and you get 120 minutes (120 mins includes other sections as well as there is no sectional timing in place). Of all the sections, this section is the most scoring one as unlike the reasoning & quants sections, you don’t need to solve any question. Either you would be knowing the answer or you wouldn’t be knowing it. With the right preparation done in these 20days, you can take the sectional as well as the overall score to new heights. Don’t forget to revise the below topics:

Current Affairs

• Current Affairs National and International
• Indian Economy
• Basic Economic terminologies
• Award and Honours
• Books and Authors
• Recent appointments in various government organizations
• Schemes announced by central/state governments recently
• Sports news
• Information about important organization like the RBI, SEBI, MCA, and other regulatory bodies.
• Structure and Functions of RBI Electoral Bonds
• Credit rating agencies, both national and international
• FDI limits in various sectors
• RBI monetary policies 2019 and any other announcements made by it
• News related to Mergers and Acquisitions and Buyouts
• Important Financial Terms

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Static Affairs

• Indian Finance System
• General Knowledge related to Banking
• Important Banking Terminologies
• Information about NBFCs and how it is different from any other banks
• NPAs and SARFAESI
• BASEL guidelines
• Information about organizations like NABARD, Planning Commission, Finance Commission, World Bank, etc.
• Economic/ Financial terms & concepts such as, GDP, GNP, PPP, HDI, Inflation, WPI, CPI, IIP, SLR, CRR, Repo rate, Reverse Repo, Bank rate, Mutual Funds, Open Market Operations, Money supply, Reserve Mortgage Loan, Priority Sector Lending, NEFT, RTGS, Banking Correspondence agents, Bancassurance, Pradhan Mantri Jan Dhan Yojana
• BASEL norms and GST
• Assets, liabilities and working capital of a bank;
• India’s Foreign Exchange Reserves
• Balance of Trade and Balance of Payment
• Finance and Railway Budget 2019, Companies Bills 2013 and any recent important amendments in it
• Stock markets and bond markets
• Primary markets and Secondary markets
• Financial Inclusions and various initiatives towards it

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We hope that the above article will be helpful in your preparation in these last 20 days. Take a Free Mock Test of IDBI ESO/ JAM Now and get an insightful assessment of your preparation.

Wishing you all the best for your preparation!