The Export-Import Bank of India (Exim Bank) has announced recruitment for 50 Management Trainee (MT) positions in Banking Operations for 2024. This article provides a comprehensive overview of the selection process, exam pattern, and syllabus to help candidates prepare effectively.
Exim Bank Selection Process
This Article Includes
- Written Examination
- Personal Interview
The written examination carries 70% weightage, while the interview accounts for 30% of the final score.
Exim Bank Exam Pattern
| Part I: Financial Statement (Compulsory) | 40 | 2 hours 30 minutes |
| Part II: Professional Knowledge (6 out of 8 questions) | 60 | |
| Total | 100 |
There is no sectional cut-off, and candidates can choose to answer in either Hindi or English.
Exim Bank Syllabus
Financial Statements and Analysis
- Annual Reports: Balance Sheet, Profit & Loss Account, Cash Flow Statement
- Financial Ratios and their interpretation
- Financial Projections and Analysis techniques (NPV, IRR, DSCR, etc.)
Financial Management and Forex Markets
- External Commercial Borrowings (ECBs)
- Interest Rate Benchmarks
- Accounting Standards (Indian GAAP and IND AS)
- Equity and Bond Pricing
- Derivatives (Swaps, Options, Forwards, Futures)
- Foreign Currency and INR Resource Raising
Trade Finance
- Letters of Credit
- Bank Guarantees
- Supplier’s Credit and Buyer’s Credit
- Uniform Customs and Practice for Documentary Credits (UCPDC 600)
- Uniform Rules for Demand Guarantees (URDG)
Compliance and Risk Management
- KYC norms
- Anti-Money Laundering (AML) and Combating Financing of Terrorism (CFT)
- CIBIL, CRILC, and other regulatory reporting
- Basel III Norms
- Types of Risks and their mitigation strategies
Indian and Global Economy
- India’s International Trade and Services
- Major Export and Import Sectors
- Industry Analysis
- Trade Agreements
Indian Financial System
- Role and functions of RBI, SEBI, and other regulatory bodies
- Export Credit Agencies
- Development Financial Institutions (DFIs)
- Banking structure in India (Public, Private, and Foreign banks)
Legal and Regulatory Framework
- Indian Contract Act
- Company Law (relevant aspects)
- Foreign Exchange Management Act (FEMA)
- Overseas Direct Investment (ODI) Guidelines
Exim Bank Preparation Tips
- Thoroughly review the official Exim Bank MT syllabus.
- Focus on understanding financial concepts and their practical applications.
- Stay updated with current affairs related to banking, finance, and the Indian economy.
- Practice solving previous years’ question papers and mock tests.
- Develop a strong foundation in financial statement analysis and interpretation.
Exim Bank Important Dates
- Application Start Date: September 18, 2024
- Last Date to Apply: October 7, 2024
- Tentative Written Examination Date: October 2024
Candidates are advised to regularly check the official Exim Bank website for any updates or changes to the recruitment process.
By thoroughly understanding the syllabus and exam pattern, and following a structured preparation plan, candidates can significantly improve their chances of success in the Exim Bank MT recruitment process.