Lakshmi Vilas Bank (LVB), a popular private sector bank had announced recruitment for the post of Officers (PO) & Clerk in February 2016.Following the registration process, written exams were conducted on March 19 & 20, 2016 at various centres across India. All those who had appeared for the test would be eager to know how others had performed & their attempts.So here is the Lakshmi vilas bank PO & clerk exam review along with analysis of the paper.
LVB had not revealed the number of vacancies they are going to fill through this recruitment.So we are not sure about their selection ratio for interviews.
LVB PO & Clerk Exam Review
It was an online test for a duration of 90 minutes with questions from (i) Numerical Ability (ii) Analytical Ability (iii) Verbal Ability (iv) Banking Awareness (v) Computer / General Knowledge.
There were 150 questions in total, with each correct answer fetching you 1 mark & 0.25 as negative mark for every wrong answer.
Now let us look at the analysis & review of individual sections shared by candidates.
Numerical Ability & Analytical Ability: These sections were easy for many candidates because of the type of questions asked.It was NOT like the regular IBPS PO exam where we have to perform some high level reasoning.
There were no problems from Partnership, Percentages,Simple Interest, Quadratic equations which are normally seen in most bank exams.It consisted of questions from Profit/ Loss, Speed & Time problems, Puzzles, Syllogism etc.
So all the questions in numerical and analytical ability were quite easy to solve.
Verbal Ability: It is nothing but test of english language with expected questions from synonyms, antonyms, grammar, fill in the blanks, passage, error spotting etc.,
The difficulty level was also not too hard making this section also an easy one.
Computer/ GK: There were 30 questions & was a mix of questions about general knowledge & computers.
Only basics of computer were asked from hardware, networks, internet, email etc. which was answerable by all candidates.Coming to GK, it had questions from Indian history, polity & few from economy.
There were some current affairs questions too related to sports, awards & business events.If one had prepared the previous 3 month current affairs, it was enough to attend all these questions.
Banking Awareness: This is a section that turned out to be a nightmare for all candidates because of the tough difficulty level.
Questions related to laws, sections, RBI rates, policy framing mechanisms etc were completely unexpected by many.Those who had prepared only by reading the headlines were affected because the bank had framed in-depth questions.
There were 40 questions in banking awareness alone, the highest among all sections which itself highlights the importance of it.
Lakshmi Vilas Bank PO & Clerk Cutoffs
As said earlier, the bank had not mentioned the total number of vacancies in their notification.So its quite hard to arrive at lakshmi vilas bank PO & clerk exam cutoffs but looking at the performance, we think the following is possible:
- Those with 110+ attempts with 100% accuracy can be classified as safe.
- Cutoffs could be in the range of 100 – 120
Overall speaking, the exam was easy for both PO & Clerk except for Banking Awareness section.It seems LVB is looking for candidates with sound knowledge of the indian banking sector for these positions.
So depending on the positions available, cutoffs shall be decided by the bank.
Results & What`s Next?
Since LVB is a private bank, we can hope them to complete the recruitment soon. Therefore candidates can hope to get the results of Lakshmi vilas Bank PO & clerk exam within 3rd week of April 2016 itself.
PO: Once the results are announced, successful candidates will be called for Group discussion.Those who qualify in GD shall be invited to participate in Personal Interview.
Clerk: Individuals qualifying in clerical exam would be directly invited for Personal interview.There is no GD for clerk positions.
Did you appear for Lakshmi Vilas Bank PO & Clerk bank exam?Share your experience below mentioning your attempts as well.