Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI)
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# Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI)

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## Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI) Study Material

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## Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI) Exam Pattern 2023-2024

Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI) Exam Pattern for Banking Exams

Numerical Ability is a crucial section in banking exams such as IBPS, SBI, LIC, and RBI. It assesses the candidates' mathematical skills, problem-solving abilities, and numerical aptitude. To excel in this section, candidates must have a strong foundation in basic arithmetic and mathematical concepts. Here is a breakdown of the exam pattern for Numerical Ability in banking exams:

1. Number of Questions: The number of questions in the Numerical Ability section may vary from exam to exam. However, it usually ranges from 35 to 50 questions.

2. Types of Questions: The questions in this section can be of different types, including:

a. Simplification/Approximation: These questions assess the candidates' ability to simplify complex mathematical expressions or approximate the value of a given expression.

b. Data Interpretation: This type of question requires candidates to analyze and interpret data presented in the form of tables, charts, or graphs, and answer questions based on the given information.

c. Arithmetic Problems: Arithmetic problems involve various topics such as percentages, ratios and proportions, averages, time and work, time and distance, profit and loss, etc.

d. Quadratic Equations: Candidates may also come across questions related to quadratic equations, where they have to solve equations and find the values of unknown variables.

e. Number Series: Number series questions require candidates to identify the pattern or rule followed by a series of numbers and find the missing number(s) in the series.

3. Marking Scheme: Each question carries a certain weightage, usually ranging from 1 to 2 marks per question. Negative marking may also be applicable for incorrect answers, with a deduction of 0.25 to 0.50 marks per wrong answer.

4. Time Limit: The time allotted for the Numerical Ability section is generally around 20 to 30 minutes, depending on the overall duration of the exam.

To excel in the Numerical Ability section, candidates should focus on the following key pointers:

1. Develop Strong Basics: It is essential to have a thorough understanding of basic arithmetic concepts such as fractions, decimals, percentages, ratios, and proportions. Candidates should practice solving problems from these topics regularly.

2. Practice Data Interpretation: Data Interpretation questions can be challenging, but with regular practice, candidates can improve their analytical skills. They should practice analyzing different types of data sets and solving related questions.

3. Master Shortcut Techniques: Learning shortcut techniques for calculations, such as multiplication tricks, squaring numbers, and finding percentages mentally, can save time during the exam. Candidates should practice these techniques to improve their speed and accuracy.

4. Solve Mock Tests and Previous Year Papers: Solving mock tests and previous year papers will help candidates become familiar with the exam pattern, types of questions, and time management. It will also help them identify their strengths and weaknesses and work on improving them.

In conclusion, the Numerical Ability section is an essential part of banking exams, and candidates should devote sufficient time and effort to prepare for it. By developing a strong foundation in basic arithmetic, practicing different types of questions, and improving time management skills, candidates can enhance their chances of scoring well in this section.

## Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI) Syllabus 2023-2024 PDF Download

Banking Exams Numerical Ability Syllabus

1. Number System
- Properties of numbers
- Divisibility rules
- Factors and multiples
- HCF and LCM
- Prime numbers and composite numbers

2. Simplification
- BODMAS rule
- Approximation and rounding off
- Surds and indices
- Square root and cube root
- Decimals and fractions

3. Ratio & Proportion
- Concept of ratio and proportion
- Variation
- Partnership
- Mixtures and alligations

4. Percentage
- Calculation of percentage
- Percentage increase and decrease
- Profit and loss
- Discount
- Simple interest and compound interest

5. Profit & Loss
- Cost price, selling price, and profit/loss
- Profit and loss percentage
- Successive discounts and mark-up
- Dishonest dealings

6. Simple & Compound Interest
- Simple interest formula and calculations
- Compound interest formula and calculations
- Installments and equated monthly installments (EMI)

7. Work & Time
- Work efficiency
- Work done by multiple persons
- Pipes and cisterns
- Work and wages

8. Time & Distance
- Speed, time, and distance relationship
- Average speed
- Problems on trains, boats, and streams
- Relative speed

9. Data Interpretation
- Tabular data interpretation
- Bar graphs and line graphs
- Pie charts and radar charts
- Caselet data interpretation

10. Mensuration
- Area and perimeter of squares, rectangles, triangles, and circles
- Volume and surface area of cubes, cuboids, cylinders, and cones

11. Mixture & Allegations
- Mixtures of two or more entities
- Alligation rule
- Solutions and mixtures

12. Permutation, Combination
- Fundamental counting principle
- Permutations and combinations
- Selection and arrangement problems

13. Sequence & Series
- Arithmetic progression (AP)
- Geometric progression (GP)
- Harmonic progression (HP)

14. Probability
- Probability of events
- Addition and multiplication laws of probability
- Conditional probability

- Nature of roots

16. Vedic Mathematics - Tricks for Fast Calculations
- Vedic multiplication
- Vedic division
- Squaring and square roots

17. Data Sufficiency
- Analyzing data sufficiency problems
- Solving through elimination process
- Identifying necessary and sufficient data

18. Boats and Streams
- Upstream and downstream problems
- Still water speed and current speed
- Time taken to cover a certain distance

19. Problem on Ages
- Problems based on ages of individuals
- Ages of family members
- Ages of multiple individuals

20. Inequalities
- Solving linear inequalities
- Graphical representation of inequalities
- Systems of inequalities

21. Problem on Trains
- Time taken to cross a stationary or moving train
- Relative speed of trains
- Length of platforms

22. HCF and LCM
- Highest Common Factor (HCF)
- Lowest Common Multiple (LCM)
- Relationship between HCF and LCM

23. Pipes and Cisterns
- Filling and emptying pipes
- Time taken to fill or empty a tank
- Pipes working together or individually

24. Surds and Indices
- Simplification of surds
- Laws of indices
- Rationalizing the denominator

25. Clocks
- Concepts of time and clock problems
- Angle between the hour hand and minute hand
- Problems on accurate timekeeping

26. Square Root and Cube Root
- Calculation of square roots and cube roots
- Estimation and approximation techniques

27. Linear Equations
- Solving linear equations in one variable
- Word problems based on linear equations
- System of linear equations

28. Tips & Tricks for Numerical Ability
- Time-saving techniques and shortcuts
- Memory-based formulas and concepts
- Problem-solving strategies

29. Cheatsheet
- Quick reference guide for important formulas and concepts
- Key points to remember during exams

By following this syllabus, candidates can effectively prepare for the Numerical Ability section of banking exams such as IBPS, SBI, LIC, and RBI. It covers all the essential topics and provides a comprehensive understanding of quantitative aptitude for banking exams.

This course is helpful for the following exams: Banking Exams

## How to Prepare Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI)?

How to Prepare Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI)

Numerical Ability is a crucial section in banking exams such as IBPS, SBI, LIC, and RBI. To excel in this section, candidates need to have a strong foundation in mathematical concepts and practice regularly. Here are some tips to effectively prepare for the Numerical Ability section:

1. Understand the Syllabus: Familiarize yourself with the syllabus and exam pattern of the specific banking exam you are preparing for. This will help you identify the topics that need more attention and allocate your study time accordingly.

2. Strengthen Your Basics: Develop a strong understanding of basic mathematical concepts such as number systems, percentages, ratios, fractions, averages, and profit and loss. These form the building blocks for more complex topics.

3. Practice Regularly: Regular practice is the key to success in the Numerical Ability section. Solve a variety of problems from previous year question papers and sample papers. This will help you understand the pattern of questions and improve your problem-solving speed and accuracy.

4. Learn Shortcuts and Tricks: In competitive exams, time is of the essence. Learn shortcuts and tricks to solve mathematical problems quickly. This will help you save time during the exam and increase your chances of scoring well.

5. Work on Speed and Accuracy: Focus on improving your speed and accuracy while solving numerical problems. Use a timer to practice solving problems within a stipulated time frame. Gradually increase the difficulty level to challenge yourself and improve your performance.

6. Analyze Mistakes: After every practice session, analyze your mistakes and identify the areas where you need improvement. This will help you understand your weaknesses and work on them effectively.

7. Take Mock Tests: Mock tests are a great way to assess your preparation level and get a real-time experience of the exam. Take mock tests regularly to get familiar with the exam pattern and manage your time effectively during the actual exam.

8. Stay Updated with Current Affairs: Banking exams often include questions related to banking and financial awareness. Stay updated with current affairs, especially in the banking sector, to answer such questions accurately.

9. Seek Guidance: If you find certain topics challenging, seek guidance from teachers, mentors, or join online courses. EduRev offers comprehensive online courses specifically designed for banking exams, providing you with expert guidance and study materials.

Remember, consistent practice and a positive attitude are the keys to success in the Numerical Ability section of banking exams. With dedication and hard work, you can improve your mathematical skills and ace the exam. Good luck!
Attention Banking Exams Students!
To make sure you are not studying endlessly, EduRev has designed Banking Exams study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Banking Exams.

## Importance of Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI)

Importance of Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI)

Numerical Ability is a crucial component of banking exams such as IBPS, SBI, LIC, and RBI. This section tests the candidates' mathematical and analytical skills, which are essential for working in the banking sector. A strong foundation in numerical ability is necessary for success in these competitive exams.

Why is Numerical Ability important for banking exams?

1. Relevance to banking operations: Banking involves handling large amounts of money, calculations, and data analysis. Numerical Ability tests the candidates' ability to perform these tasks accurately and efficiently.

2. Quantitative aptitude: Numerical Ability is a significant part of the quantitative aptitude section in banking exams. This section assesses the candidates' ability to comprehend and solve mathematical problems quickly, which is a crucial skill for banking professionals.

3. Time management: Banking exams have a specific time limit for each section. Numerical Ability requires candidates to solve a large number of questions within a limited time frame. Practicing numerical ability helps improve time management skills, enabling candidates to allocate sufficient time to each question.

4. Data interpretation: Numerical Ability also includes questions based on data interpretation. Banking professionals often need to analyze and interpret complex data sets to make informed decisions. This section tests candidates' ability to comprehend and draw conclusions from data.

5. Selection criteria: Numerical Ability is one of the scoring sections in banking exams. A high score in this section can significantly improve the overall score and increase the chances of qualifying for the next round or securing a job in the banking sector.

Course for Numerical Ability in Banking Exams by EduRev

EduRev offers a comprehensive course for Numerical Ability in banking exams. This course is specially designed to help candidates prepare for the numerical ability section of exams like IBPS, SBI, LIC, and RBI. The course covers all the essential topics, concepts, and problem-solving techniques required for success in banking exams.

Key features of the course include:

1. Expert-led instruction: The course is taught by experienced faculty members who have in-depth knowledge of the numerical ability section and its relevance to banking exams.

2. Comprehensive study material: The course provides comprehensive study material that covers all the topics and concepts of numerical ability. The study material is easy to understand and includes solved examples and practice questions.

3. Practice tests and mock exams: The course includes numerous practice tests and mock exams to help candidates assess their progress and identify areas for improvement. These tests simulate the actual exam environment, allowing candidates to become familiar with the exam pattern and time management.

4. Personalized learning: EduRev's course offers personalized learning options, allowing candidates to study at their own pace and focus on areas where they need improvement.

5. Real-time doubt resolution: The course provides a platform for candidates to interact with faculty members and get their doubts and queries resolved in real-time.

In conclusion, Numerical Ability is a vital component of banking exams like IBPS, SBI, LIC, and RBI. A strong foundation in numerical ability is necessary for success in these exams and a career in the banking sector. EduRev's course for Numerical Ability provides candidates with the necessary skills and knowledge to excel in this section and secure a job in the banking industry.

## Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI) FAQs

 1. What are the important banking exams in India?
Ans. The important banking exams in India include IBPS (Institute of Banking Personnel Selection), SBI (State Bank of India), LIC (Life Insurance Corporation), and RBI (Reserve Bank of India) exams. These exams are conducted to recruit candidates for various posts in the banking sector.
 2. How can I prepare for numerical ability in banking exams?
Ans. To prepare for numerical ability in banking exams, candidates should focus on practicing a wide range of mathematical problems such as arithmetic, algebra, geometry, and data interpretation. They should also solve previous years' question papers and take online mock tests to improve their speed and accuracy in solving numerical problems.
 3. What topics are covered in the numerical ability section of banking exams?
Ans. The numerical ability section of banking exams typically covers topics such as number system, simplification, percentage, ratio and proportion, average, time and distance, profit and loss, interest, data interpretation, and mathematical reasoning. Candidates should have a good understanding of these topics and practice solving problems related to them.
 4. Are there any shortcuts or tricks to solve numerical problems quickly in banking exams?
Ans. Yes, there are certain shortcuts and tricks that can help candidates solve numerical problems quickly in banking exams. For example, candidates can use shortcut methods for calculation, memorize important formulas, and learn tricks for solving problems related to percentage, ratio, and interest. Regular practice and familiarity with these shortcuts and tricks can significantly improve one's performance in the numerical ability section.
 5. How can I improve my time management in the numerical ability section of banking exams?
Ans. To improve time management in the numerical ability section, candidates should practice solving problems within a time limit. They should also learn to prioritize and select the easiest or most solvable questions first. Additionally, candidates should avoid spending too much time on a single question and move on to the next if they are unable to solve it within a reasonable time frame. Regular practice and time-bound mock tests can help candidates develop effective time management skills.
Attention Banking Exams Students!
To make sure you are not studying endlessly, EduRev has designed Banking Exams study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Banking Exams.

## Best Coaching for Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI)

When it comes to preparing for banking exams such as IBPS, SBI, LIC, and RBI, having the best coaching for Numerical Ability is crucial. With the increasing demand for online coaching, EduRev, an online education platform, offers free online coaching for Numerical Ability for Banking Exams. Their comprehensive study material is available for download in PDF format, providing a convenient way to study anytime, anywhere.

EduRev's Numerical Ability coaching covers all the important chapters included in the Banking Exam syllabus. With a focus on practice and application, their coaching equips students with the necessary skills and techniques to tackle Numerical Ability questions effectively. The coaching also provides tips and tricks to improve speed and accuracy in solving numerical problems, helping students optimize their performance in the exams.

One of the key advantages of EduRev's online coaching is the flexibility it offers. Students can study at their own pace and convenience, without the need to attend physical coaching classes. The online platform allows for easy access to study material, practice questions, and mock tests, enabling students to track their progress and identify areas for improvement.

EduRev's Numerical Ability coaching is designed specifically for banking exam preparation, ensuring that students receive targeted and relevant guidance. Their focus on providing quality education makes them the preferred choice for many aspirants. By leveraging the convenience of online coaching and the comprehensive study material available, students can enhance their numerical abilities and boost their chances of success in banking exams.

In conclusion, EduRev's online coaching for Numerical Ability is the best choice for banking exam preparation. With free access to online study material, downloadable PDFs, and a comprehensive coverage of important chapters, EduRev provides students with the necessary tools to tackle Numerical Ability questions effectively. By leveraging their tips, techniques, and tricks, students can master Numerical Ability and excel in their banking exams.

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Attention Banking Exams Students!
To make sure you are not studying endlessly, EduRev has designed Banking Exams study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Banking Exams.
Course Description
Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI) for Banking Exams 2023-2024 is part of Banking Exams preparation. The notes and questions for Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI) have been prepared according to the Banking Exams exam syllabus. Information about Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI) covers all important topics for Banking Exams 2023-2024 Exam. Find important definitions, questions, notes,examples, exercises test series, mock tests and Previous year questions (PYQs) below for Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI).
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Numerical Ability for Banking Exams
Full Syllabus, Lectures & Tests to study Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI) - Banking Exams | Best Strategy to prepare for Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI) | Free Course for Banking Exams Exam
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 Numerical Ability for Banking Exams (IBPS, SBI, LIC & RBI)
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