IOB looking for young, qualified and dynamic graduates who can be inducted into Indian Overseas Bank as Probationary Officers in Junior Management Grade Scale-I after imparting them with the necessary knowledge and skills required for allround bankers through the 1 year Post Graduate Diploma in Banking and Finance course in Indian Overseas Bank Manipal School of Banking (IOBMSB).Candidates are requested to apply only through online between 10.07.2013 and 29.07.2013.
Candidates will be selected based on their performance in online examination and interview. All the eligible candidates who have submitted their online application properly in time will be administrated an Online Examination which will be Objective in nature. The details of the same are furnished here under.
| S.NO | NAME OF TESTS | NO. OF QUESTIONS |
MAXIMUM MARKS |
DURATION |
| 1 | REASONING | 40 | 50 | COMPOSITE TIME OF 2 HOURS |
| 2 | ENGLISH LANGUAGE | 40 | 40 | |
| 3 | QUANTITATIVE APTITUDE | 40 | 50 | |
| 4 | GENERAL AWARENESS (WITH SPECIAL REFERENCE TO BANKING INDUSTRY) |
40 | 40 | |
| 5 | COMPUTER KNOWLEDGE | 40 | 20 | |
| TOTAL | 200 | 200 |
Penalty for Wrong Answers
There will be penalty for wrong answers marked in the Objective Test. For each question for which a wrong answer has  been given by the candidate one fourth or 0.25 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.
TENTATIVE DATE OF ONLINE EXAMINATION -Â 01.09.2013
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