FAQ's About SIDBI Assistant Manager (Grade 'A'– General Stream)

Dear Readers, as you know SIDBI invited applications for the recruitment of Assistant Manager (Grade 'A'– General Stream). In this post we are providing frequently ask questions by aspirant regarding Assistant Manager (Grade 'A'– General Stream) exam.

1. How many vacancies are there ?

2. Who can apply for this post ? or what is the education qualification required for this post ?
Ans- Bachelor’s or Master’s Degree with minimum 60% (55% for SC/ST) marks in aggregate in any stream, in either of the two qualifications, from a recognized institute / University.
Preference would be given to candidates possessing professional qualifications like CA, CS, ICWA, CFA, MBA, Engineering, and Diploma in Banking from a recognized Institute.
Proficiency in computers is preferable.

3. Is there any age limit?
Ans- Yes. Not below 21 years and not exceeding 28 years.
(Candidates born not earlier than 22.12.1987 and not later than 21.12.1994 [both days including] are only eligible to apply.
For information about relaxtaion in age Click Here

4. What is the selection procedure? or Exam pattern and syllabus?
Ans-The selection process for the post would be by way of an online examination followed by Personal Interview. Candidates who qualify based on the minimum cut-off marks decided by the Bank, would be called for interview. The pattern of written examination will be as under:

Syllabus of exam is same as that of Bank Po
The total marks of the examination will be 250 which include 50 marks of the English Descriptive Section. Candidates will be shortlisted for Interview on the basis of marks scored in objective and descriptive section taken together against full marks of 250. Descriptive Test will only be evaluated for those candidates who
qualify in the Objective type of tests (on total and individual sections of objective tests) and are placed adequately high as per total marks in the objective test.
Descriptive test to the extent of fixed number of times the number of vacancies will be evaluated.

5. Is there any sectional cutoff ?
Ans-Cutoffs may be applied in two stages:
(i) On scores in individual tests
(ii) On Total Score
The various qualifying cut off marks in each of the objective tests, total objective test and the descriptive paper will be decided by the Bank.

6. Is there negative marking ?
Ans-There will be a penalty for wrong answers marked in the Objective Tests. For each question for which a wrong answer has been given by the candidate, one fourth (1/4) of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question. The marks obtained by the candidate in each Section and in the aggregate shall be arrived at after deduction of the marks for wrong answers.

7. What is the last to apply for this job?
Ans-Closing of On-line Registration Gateway/payment of fees January 11, 2016

8. What is the salary candidate get if he/she selected as  Assistant Manager (Grade 'A'– General Stream)?
Ans- 36,000/- approx

9. Is there any Bond ?
Ans-The selected candidate will be required to execute a Service Bond undertaking to serve the Bank for a period of 3 years or to pay the Bank a sum of `2 Lakh in case he/she leaves the Bank before the completion of the 3 year service period.