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CWE: Common Written Exam
( The online exam conducted by the IPBS-Institute
of Banking Personnel Selection for bank jobs )
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Singapore
The Common Written Exam (CWE) for banking jobs is the online
exam conducted by the Institute of Banking Personnel Selection (IBPS)
In the last few years, IBPS has screened over 10 million
candidates for testing and filled nearly 79,236 vacancies for its client
organisations, besides testing candidates for admission to academic institutes
and certification for diplomas.
Sources say there are nearly 80,000 vacancies in various PSU
banks across the country, waiting to be filled up this year. The 19 public
sector banks, excluding State Bank of India, have been recruiting candidates for
various posts through the CWE conducted by the IBPS.
The exam tests the candidates on their basic reasoning abilities,
mathematics, English and professional knowledge but many candidates fail to
clear the test
Many engineering candidates are turning to the public
sector because they feel there is greater stability in the sector now.
About IPBS-Institute of Banking
Personnel Selection : The journey of this Institute began in 1975, just after
nationalization of banks, as Personnel
Selection Services (PSS), a
unit of National Institute of Bank Management (NIBM). The objective was to
develop an unbiased and efficient system for recruitment, promotion and
placement services. This prototype initiative was extended to provide these
services with all the academic and operational inputs to the banking industry
initially which now has been extended to non-banking sectors as well. In 1984
this unit became an independent entity – Institute of Banking Personnel
Selection (IBPS) at the
behest of Reserve Bank of India (RBI) and Public Sector Banks. The first
Chairman of its Governing Board was Dr
Manmohan Singh, the then Governor of RBI. IBPS is envisioned as self
governed academic and research oriented institute, with a mission of enhancing
human resource development through personnel assessment.
The Institute is an autonomous body; registered as a Public Trust under the
Bombay Public Trust Act of 1950; a Scientific and Industrial Research
Organization by the Department of Scientific and Industrial Research, Ministry
of Science and Technology, Government of India and a centre for providing PhD in
Management affiliated to the SNDT University.
The Institute also conducts interview skill training programmes to train
interviewers in the art and science of conducting interviews. The objective
behind conducting interviews is to check the inter-personal skills of candidates
along with tacit knowledge about the job profile. It has a credible, skilled and
experienced team of experts that is located in all metropolitan cities and state
capitals of India. In the past two years, it has assessed more than 50,000
candidates through the process of interviews in more than 20 locations across
the nation.
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