Reserve List in IBPS PO III and IBPS Clerk III: All Doubts Clarified

This time IBPS has published a Reserve List of Candidates in the final results of both IBPS PO III and IBPS Clerk III. Lets understand the concept of a reserve list.

What is a Reserve List?
A reserve list is a list of candidates, who could not be allotted a bank in IBPS PO III or IBPS Clerk III, but could be considered for the allotment in next round of allocations.

How many candidates are there in the reserve list?
The number of candidates in the reserve list are approximately 10 percent of the vacancies under each category in IBPS PO III/ IBPS Clerk III

If, I am in the reserve list, does that mean that I will definitely get a allotment in coming lists?
No. Being in reserve list does not guarantee allotment to/recruitment by the Participating Organisation(s)/
other financial organisations. In the event of Participating Organisations/ other financial organisations providing vacancies during April 2014-March 2015, provisional allotment will be carried out for the candidates in the reserve list. So, you may get an allotment or may not get also.

If I am not in the reserve list and not got any allocation also, can I still expect a allocation in the coming lists?

No. Candidates who are not provisionally allotted or not in the reserve list will not be considered for any further process under CWE PO/MT-III.

Is the reserve list same as waiting list?
Yes, it is practically same as waiting list and is subject to availability of seats in coming allocations in this financial year (2014-15).

02:44 - By Unknown 0

IBPS Allocation Process: Explained and Clarified

Dear readers, IBPS PO and IBPS Clerk results are around the corner and candidates are worried whether they will be able to make it in the final merit list or not. Lot of candidates are requesting us to give more clarity on the allocation process of IBPS. Today, we will try to clarify the IBPS bank allocation process and discuss various scenarios.

As a first step of the recruitment procee, IBPS conducts Common Written Exam, which is followed by a common interview process.

Merit List is prepared by adding marks of written test and interview, after giving 80% weightage to Written Marks and 20% weightage to Interview Marks.

For example, if you scored 75 marks (out of 200) in written test, then first convert these marks to be out of 80 i.e. (75/200)x80 = 30

Similarly, if you score 60 Marks (out of 100) in interview, first it will be converted to be out of 20 i.e. (60/100)*20 = 12

Now, both written test score and interview scores will be added. So, in case of above example, your combined score will be 30+12 = 42

Now, a merit will be prepared on the basis of above combined score.

Parallely, IBPS takes requirement from all participating banks, as in the number of vacancies in the
respective banks (category wise).

Now, suppose there are total 20,000 vacancies in IBPS PO III, which will be further divided into various categories like General, OBC, SC, SC etc. At this stage cut-off marks (or cut-off merit rank) will be decided for each category depending on the number of vancacies for each category. Suppose, there are 5400 vacancies for OBC, then cut-off marks (for OBC) will be decided so that only 5400 OBC candidates are above that score and so on.

Now, all these candidates, who are above the cut-off score, in each category, will be picked one by one (irrespective of their category), in order of merit (top scorer picked first and least scorer picked last) and allocation will happen vis-a-vis the bank preference filled by each candidate (remember, you had filled the preference of banks at the time of filling the IBPS form online).

Allocations in case of general candidates are simple - candidates are allocated a bank as per candidate preference and as per the availability. Allocation software picks a Candidates depending on his rank in the merit, checks whether a seat is available in the bank, which the candidate has marked as first choice in the preference list (Bank). If a seat is available, allocation is done otherwise, software checks for the second preference of the candidate and so on. Remember, General category candidates are eligible to get a seat from Unreserved Seats only.

In case of OBC, SC/ST and other reserved category candidates, first the candidates is picked on the basis of his/her rank in the overall merit (irrespective of category). Then allocation software looks for his first preference of Bank. In the process, first the software sees if the candidate can get his first preference of bank as per his rank in General Category. If he can get, then allocation is done, otherwise, software checks if the candidate can get the allocation as per his rank in his reserved category (OBC/SC/ST etc). If a seat is available then allocation is done, otherwise, software looks for second preference (bank) of the candidate. Again, first software tries to do the allocation as per his overall Rank and then as per his rank in his reserved category. One should remember, each bank has a predefined number of seats for reserved and unreserved candidates.

Scenario A: Suppose, there is a general candidate and his rank in overal merit list (including reserve categies) is 2500, then, software will pick him for allocated, after the software has allocated seats to 2499 candidates (who had better rank than him). Software will check his preference list starting from first preference. An allocation will be done as soon as software finds a seat available in a bank (in order of his preference).

Scenario B: Suppose, there is a OBC candidates and his rank in overall merit list (including General and other reserved category candidates) is 4000, then software will pick him for allocation after the software has allocated seats to 3999 candidates. Now, the software will look at the first prference (Bank) of the candidates and will see if a seat is available in Unreserved Category of seats. If yes, allocation is done otherwise, software will look for a seat in OBC category of seats. If a seat is available here, allocation is done, otherwise software looks for the second preference (bank) of the candidate. Here again, software will first look into Unsererved seats and then OBC seats and so on, till the candidate is allocated a seat in a bank.

We hope this gives a clear picture of the complete allocation process. If, you still have any queries regarding the allocation process, please mention the same in comments section, we will try to address it.

Wish you all the best for the result!

12:34 - By Unknown 0

How to justify a GAP in IBPS Interview

Many candidates are worried about the gap in their education or the GAP in their work experience. As per our experience, if you have a substantial GAP in your education qualification or work experience, then this might be one of the probable question which can be asked to you during your interview.

In some case, there are genuine reasons for a GAP like - Marriage (in case of married ladies), accident or some family problem or any other similar problem. In such cases, it is better to tell interviewers about actual reason.

But in most of the cases, a GAP is created as candidates in a dedicated manner prepare for competitive exams and many a times, they join a Coaching Institute for Preparation by leaving there jobs.

In such cases, We feel, the best way to answer this question is - to be honest and tell them frankly that you were preparing for  IBPS or bank jobs (if you do not have any other genuine reason for GAP). As soon as you say this, their next question generally is - did you join a coaching institute for this. We suggest that you should never say in the interview that you joined a coaching for preparation, as generally interviewers perceive this negatively.

Rather,you should say that I prepared myself. If you belong to a poor background, you can also tell them that you can not afford a coaching that is why you are preparing on your own.

They might also ask you - which books did you refer for your preparation? So, be ready with the list of books.

So, go prepared with a story justifying your GAP. Do not feel bad about this GAP, as most of the candidates have a GAP between jobs or educational qualifications. At the same time, do not be clueless if someone asks you about the same.

In the same sequence, they might ask you - why you do you want to join a Bank or why a government job? We will answer these two queries in our next post.

04:54 - By Unknown 0

How to justify a GAP in IBPS Interview

Many candidates are worried about the gap in their education or the GAP in their work experience. As per our experience, if you have a substantial GAP in your education qualification or work experience, then this might be one of the probable question which can be asked to you during your interview.

In some case, there are genuine reasons for a GAP like - Marriage (in case of married ladies), accident or some family problem or any other similar problem. In such cases, it is better to tell interviewers about actual reason.

But in most of the cases, a GAP is created as candidates in a dedicated manner prepare for competitive exams and many a times, they join a Coaching Institute for Preparation by leaving there jobs.

In such cases, We feel, the best way to answer this question is - to be honest and tell them frankly that you were preparing for  IBPS or bank jobs (if you do not have any other genuine reason for GAP). As soon as you say this, their next question generally is - did you join a coaching institute for this. We suggest that you should never say in the interview that you joined a coaching for preparation, as generally interviewers perceive this negatively.

Rather,you should say that I prepared myself. If you belong to a poor background, you can also tell them that you can not afford a coaching that is why you are preparing on your own.

They might also ask you - which books did you refer for your preparation? So, be ready with the list of books.

So, go prepared with a story justifying your GAP. Do not feel bad about this GAP, as most of the candidates have a GAP between jobs or educational qualifications. At the same time, do not be clueless if someone asks you about the same.

In the same sequence, they might ask you - why you do you want to join a Bank or why a government job? We will answer these two queries in our next post.

23:38 - By Unknown 0

IBPS PO III written test results

IBPS has uploaded the details of cut-off marks on its website regarding IBPS PO III written test results. As expected cut-offs are really low for individual section as well as overall score.



Sectional cut-off for each individual section is as given below -

Sr. No.	Name of the Test	Maximum Marks	Cutoff
			SC/ST/OBC /PWD	General
1	Reasoning	50	6	10
2	English Language	40	3	6
3	Quantitative Aptitude	50	4	6
4	General Awareness	40	6	8
5	Computer Knowledge	20	5	7

Overall Cut-off for IBPS PO III is as given below -

Category	Cut-offs on Total
Scheduled Caste (SC)	50
Scheduled Tribe (ST)	26
Other Backward Classes (OBC)	60
General (Gen)	61
Hearing Impaired (HI)	26
Orthopaedically Challenged (OC)	47
Visually Impaired (VI)	27

• Click here to see the note updated on IBPS website regarding this.

05:18 - By Unknown 0

Important General Knowledge Questions 2013 for IBPS PO III

GK Power Capsule for IBPS PO III

Dear readers, GK Capsule for IBPS PO - III is ready and you can download the same by clicking on the below link.

This GK Capsule has been prepared by Content Development Team of Career Power Institute, Delhi. This capsule has been complied specially for IBPS PO-III Exam and contains all important GK items, which can be asked in General Awareness section of IBPS PO - III.


    Click here to download GK Power Capsule for IBPS PO III


Disclaimer: We have tried to keep the above materiel as error free as possible. But, if you come across any kind of error in the capsule, please highlight the same to us so that we can correct the same in capsule. In any case, BankersAdda or Bank Power should not be held responsible for any loss arising out of any such minor errors.

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14:57 - By Unknown 1