UBI BANK PROMOTION EXAM SYLLABUS 2024-2025

UBI BANK PROMOTION EXAM SYLLABUS 2024-2025

UBI BANK PROMOTION EXAM SYLLABUS:- Union Bank has started with the Promotion process for the year 2024-25 and had released a notification on October 25, 2021. The promotion has been notified for the employees working at Clerical Level. 

So, this comes as a golden opportunity for the Union Bankers to participate and shift up their scale to Scale-I. The merit channel is the best channel if you want to climb up the scales fast. 

With the shifting of your pay scales, you also get a higher share of duties and as compensation higher pay scale. 

Important Topic:- UBI PROMOTION EXAM DATE 2024-2025

UBI PROMOTION EXAM (CLERK TO SCALE-I) NOTIFICATION:

The official notification was out on October 25th intimating about the details of the promotion process for Clerical staff to be promoted to Officer Cadre (JMGS-1). Union Bank has notified 597 vacancies under State Services (Seniority cum Merit) Channel & 427 under all India Services (Merit) Channel.

OVERVIEW:

Union Bank of India SYLLABUS for 2021-2022 Promotion Exams:

1. ENGLISH

Functional Grammar: It will include the Introduction to basic vocabulary and the use of prepositions, nouns, adverbs, pronouns, verbs, articles, structures and the correct use of words as well as phrases and direct & indirect speech. No direct reference to the rules of grammar is included in the syllabus.

Comprehension & Precis Writing: Only Objective MCQs will be asked to know whether the candidates can comprehend the passages.

Important Topic:- UNION BANK – BANK PROMOTION EXAMS SHORT NOTES

2. COMMERCIAL LAW

Contract Act: You need to have just the general knowledge of the Law of Contract and main focus should be on the following concepts:

• Formation of Contract

• Essentials of Valid Contract

• Rights a Liabilities of Joint Promisors & Joint Promises

• Quasi Contract

• Effect of Void & Voidable Contract

• Appropriation of Payments – Clayton’s Rule

• Breach of Contract

Read Also:- UNION BANK – BANK PROMOTION EXAMS Short Notes Part-3

Concepts: Indemnity & guarantee, Bailment & Pledge, Agency, Negotiable Instruments, Sale of Goods & Partnership, Bills of Lading & Letter of Credit (LC), Insurance, Insolvency, Transfer of Actionable Claim, Provisions relating to Mortgages & Charges on Immovable Properties

Acts: Indian Stamp Act, Indian Company Law, Registration Act, Limitation Act with particular reference to acknowledgement of debts & confirmation of balance, part payments, time limits for filing suits for recovery of monies, redemption, foreclosure and sale of mortgaged properties.

or

ACCOUNTANCY

Rules for Journalising: The process of Posting of Accounts, writing different types of Cash Books, Petty Cash Books in Columnar Form, Imprest System of Petty Cash Book, Bank Reconciliation Statement (BRS), Different types of Journals, Journal Proper and writing of Purchase & Sales Journals.

Read Also:- UNION BANK – PRACTICAL BANKING MOCK TEST

Adjusting, Closing, Transfer & Rectification Entries: It includes the adjustments for bad debts, Provisions for doubtful debts & discount a debtors or creditors, various methods of Depreciation.

Trial Balance: Preparation of Trading and Profit & Loss Account and Balance Sheet of sole traders, Reserves and Provisions, Sinking Funds.

Accounts of non- trading concern: Preparations of Receipts & payments accounts, income & expenditure accounts and Balance Sheets.

Bills of Exchange & the treatment: Only simple problems on Sectional system of Self-balancing Ledgers 

Consignment & Joint Venture Accounts: These include the consignment & JV Accounts, Current Investment & Share Transactions.

Simple Partnership Accounts: It includes the preparation of Fixed & Fluctuating Capitals, Current & Drawing Accounts, Interest on Capital, Drawings, Salary, Commission, Revaluation of Assets, Treatment of Goodwill and Admission, Retirement, Death of Partners, Dissolution of firm. But it excludes Garner v/s Murray and sale to a Limited Company, Amalgamation of Firms, Final Accounts, Reserves, Provisions etc.

Company Accounts: This includes the Issue of Shares and Debentures at Par, at Premium and at Discount, Forfeiture of Shares and then Re-issue of forfeited share, Issue of Bonus shares. Simple cases of Final accounts (only elementary knowledge of Schedule VI of the Company’s Act, 1956 is expected), Reserves a Provisions, Sinking a Reserve Funds.

Important Topic:- Union Bank – Accountancy MOCK TEST

3. PRACTICAL BANKING

Deposits:

• Savings: Information on who can open a Saving Bank Account, Rules of Operations, Account of Minors, Illiterate etc, Procedure and Operations.

• Current Deposits: Types of Customers & Account, the holders of accounts, Procedure for opening of their Accounts, Rules of operation, Introduction, Incidental Charges to Current deposits, how an account becomes Dormant Accounts.

• Term Deposits: Different Schemes of Deposits, Renewal of Deposits, Pre-matured Payments, Conversion and Extension of Term deposits, Addition or Deletion, and Change of Names, Calculation a Interest Provisions.
• NRI Accounts: Who NRI is, Types of Accounts they can open, Basic rules of opening of their accounts and the operations therein.

Banking Operations: Nature of Banking Business, Different types of Books and Registers that are required to be maintained, Passing of Vouchers, Day Books, General Ledger, Ledger of Subsidy, Profit & Loss Statement, Ledgers, Inter-Branch Accounting System, Authority Cheques, Inter-Branch, Inter-Bank and C.O. Reconciliation.

Negotiable Instruments Act: Provisions of NI Act, what are Negotiable Instruments and their characteristics, Payment and collection of cheques and protection to the Banker under NI Act. Provisions of Sections 4, 5, 6, 10, 15, 16, 18, 19, 20, 31, 45, 47, 48, 49, 64, 84, 85, 87, 118, 123 to 131 and 138 to 142 of the Act.

Service to the Customer-Remittances: Different remittance facilities such as Demand Deposits, MT, TT, Pay Order, Payment of DD-SDV-Nominations of SDV, Operations, Death of SDV holder – Safe Custody, India Card, Stockinvest, Merchant Banking Services, Automated Teller Machines, Different Service Charges.

Cash Department: Functioning of the Cash Department, how the Exchange of mutilated notes is done, Cash Management & Profitability, Clearing & National Clearing.

Customer Service: Recommendations of Working Group on Customer Service, Goiporia Committee Recommendations, Different Measures of Customer Services that are implemented in Union Bank, Consumer Protection Law, Marketing of Bank’s Services, what is the Importance of Dispatch Department and Ombudsman Scheme.

General: Changing trends in Banking Industry and Income recognition norms.

Important recommendations of Narsimhan Committee.

 Read Also:- UNION BANK SHORT NOTES – BANK PROMOTION EXAMS 2022

4. CBS / IT

I.T. Awareness: IT Awareness includes I.T. Security and PC Configuration. While PC Configuration includes:

• Computer Hardware such as Input Devices: Keyboard & Mouse, Other Input Devices: MICR, BCR & OCR, 

• Mother Board: microprocessor & Ports

• Output Devices such as Types of printers: DOT Matrix, Line, Laser & Inkjet

• Monitor: CRT & LCD

• Primary Memory: RAM & ROM, 

• Secondary Memory: Hard Disk, Floppy Disk, & Compact Disk

• Multimedia Kit such as CD, ROM & Speakers

• Application Software like MS Office

• System Software OS such as Windows 98 & 2000, XP

Technology driven products launched by our bank: Debit or Credit Card, Prepaid Cards, Internet Banking, SMS Banking, ATM and Mobile Banking

Core Banking Solution (Finacle): 

General Ledger Module: The types of accounts that are required to be maintained, Office Accounts, Impersonal Accounts (Sundry/Suspense), Partitioned Accounts, Point of Banking (POB) Accounts

Customer Accounts: Savings Bank, Current Deposit Account, Term Deposit Account, Cash Credit, Overdraft, Term Loans, Trade Finance, Packing Credit, Inland or Foreign Bills Accounts and Bank Guarantees

Payment System or Remittance Module: RTGS, NEFT, DD: Demand Draft and Pay Order

Transaction Posting: Inward Clearing & Outward Clearing, Standing Instructions, Sweep Facility, Lien or Freeze Maintenance

Reports: i.e Report Generation under various modules

CBS Instructions Manual: Union Bank also recommends it employees to refer to CBS Instructions Manual that is provided to all branches along CBS Circulars that are issued from time to time. These (CBS Manual & CBS Circulars) are also available on UBINET to refer to.

STUDY MATERIAL for BANK PROMOTION EXAMS

Candidates can study from the study material which is prepared by Learning Sessions. This material is tutored by Mr. Ashish Jain (CAIIB) who has 7 years of experience in banking sector. 

This study material is in the form of Video lectures which makes the study more interactive and less monotonous. The lectures are in the mix of English + Hindi language. 

This study material will have the following contents:

• • Latest FULL VIDEO COURSE
  • Previous Year Questions in the form of MOCK TESTS

• One Liners for quick revision of syllabus or topics

• • Memory Recalled Questions

• Bank Promotion Awareness Capsule (pdf):

• Latest Rates
• Latest Policies
• Latest Finance updates
• Last 2 months financial updates
• Compete Tests
• Epdf notes: Notes are accessible through our android app only

All the best for your exams!!!

And we hope you get this promotion.