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The SIDBI Grade B Selection Process 2024 is a crucial opportunity for candidates looking to secure a managerial role at the Small Industries Development Bank of India (SIDBI). This recruitment process is structured into three distinct phases: Phase 1, the Online Screening Exam; Phase 2, an Online Examination; and Phase 3, a personal Interview. Understanding the exam patterns and selection criteria is essential for candidates to enhance their chances of success. In this comprehensive guide, we will provide detailed insights into each phase, tips for effective preparation, and answer frequently asked questions related to the SIDBI Grade B selection.
Overview of SIDBI Grade B Selection Process 2024
| Aspect | Details |
|---|---|
| Total Vacancies | 22 vacancies for Manager (Grade B) positions in General and Specialist streams. |
| Streams Available | 1. General 2. IT 3. Legal |
| Key Dates |
– Phase 1 (Online Screening Exam): 22nd December 2024 – Phase 2 (Online Examination): 19th January 2025 – Phase 3 (Interview): Date TBD |
| Selection Process Phases |
1. Phase 1: Online Screening Exam (Objective-type) 2. Phase 2: Online Examination (Objective + Descriptive-type) 3. Phase 3: Interview |
| Phase 1 Details | Type: Online Screening Exam Subjects: Reasoning, Quantitative Aptitude, English Language, General Awareness Qualifying Nature: Yes |
| Phase 2 Details | Type: Online Examination Subject Focus: Stream-specific tests like MSME Finance (General), IT fundamentals (IT stream), Legal knowledge (Legal stream) |
| Phase 3 Details | Type: Interview Focus: Candidate’s personality, communication skills, subject knowledge, and overall suitability for the role. |
| Exam Medium | Languages: English & Hindi. Candidates can choose their preferred exam language. |
| Negative Marking | 0.25 marks for each incorrect answer in Phase 1 and Phase 2 exams. |
| Time Management | Candidates must manage their time efficiently, especially in descriptive papers in Phase 2. |
| Eligibility Criteria | – Educational qualifications and age limits as specified in the official notification. – Check official SIDBI website for specific eligibility details. |
| Result Declaration | – Phase 1 & Phase 2 Results: Published on the official SIDBI website. – Final Merit List: Based on combined scores from Phase 2 and the interview. |
| Important Points | – Candidates who clear Phase 1 will be shortlisted for Phase 2 based on their scores. – Only those who perform well in both objective and descriptive tests in Phase 2 will proceed to the interview. |
SIDBI Grade B Selection Process 2024: Phase 1 Exam Pattern
The Online Screening Exam marks the first step in the SIDBI Grade B Selection Process 2024. This objective-type exam assesses various aptitude areas, including Reasoning, Quantitative Aptitude, English Language, Computer Knowledge, and General Awareness. Candidates must excel, especially in the qualifying sections to progress to Phase 2.
Exam Pattern for SIDBI Grade B Phase 1:
| Subject | No. of Questions | Marks | Duration |
|---|---|---|---|
| English Language | 30 | 30 | 120 minutes |
| Reasoning Aptitude | 25 | 25 | |
| Quantitative Aptitude | 25 | 25 | |
| Computer Knowledge | 20 | 20 | |
| General Awareness (Banking, Financial Sector, Economic and Social Issues) | 20 | 20 | |
| MSMEs (Policy, Regulatory Framework, Finance) | 30 | 30 | |
| Stream Specific Test | 50 | 50 | |
| Total | 200 | 200 | 120 minutes |
In this exam, candidates should primarily focus on the qualifying sections: English Language, Reasoning Aptitude, and Computer Knowledge, while paying special attention to the section scores that will determine advancement to Phase 2. There is a negative marking of 0.25 for each wrong answer, emphasizing the importance of accuracy.
Phase 2 Exam Pattern 2024
For Grade B General Stream
| Paper No. | Name of Test | Type of Paper | No. of Questions | Marks | Time |
|---|---|---|---|---|---|
| Paper 1 | English Language | Online Descriptive | 37 | 75 | 75 minutes |
| Paper 2 | MSMEs: Policy, Regulatory and Legal Framework; Finance and Management (with focus on MSME) | Online Objective | 50 | 75 | 60 minutes |
| MSME Financing (Due Diligence/KYC, Financial Ratios, Assessment of Term Loan/Working Capital, Documentary Credit, etc.) | Online Objective | 50 | 75 | 60 minutes | |