Monday, 23 January 2017

What happens to the Banking Industry after Demonetization?

banking industry
Everyone in the country is talking about the after-effects of Nov 8th. Everyone, in some way or the other, directly or indirectly, in long queues or with empty pockets, has been affected by Government’s demonetization drive.

But even after all the consequences that are visible already, the real impact of demonetization would only come to the surface in several months from now. One industry that is going to absorb most of the impact would undoubtedly be the banking industry.

Bank Exams Practice Kit

A major research firm has already predicted that thanks to demonetization, one in three jobs would be moving to software, robots, and smart infrastructure. As the overall payment ecosystem undergoes a massive change, the human resource aspect of the industry is certain to feel some significant wake-up calls.

Most banks and major names at that, had already started experimenting with bots and influx of AI (Artificial Intelligence) by investing in many pilots and projects of scale. Industry trailblazers are bringing changes where robots and intelligent devices would not just complement but also replace human professionals in the industry. Call centres and service personnel had already started questioning their relevance and future even before Nov 8th happened.

Now, with the massive, irreversible and comprehensive push on ‘going cashless’ and ‘adopting digital’, the banking industry is going to adopt financial technology with a new scale and scope. Investments will indicate the direction towards a system where intelligent technology and robust software takes care of most of the parts in the chain.

Adding to the movement is the new thrust on UPI or Unified Payment Interface, thus giving a major impetus for online and digital transactions. Banking is going to become Internet-enabled, online, bot-powered, blockchain-ready and way more future-forward than it was till now. The days of RTGS or NEFT push are nothing compared to the new digital technologies that the industry is going to witness.

It is a good time to get scared. But getting scared in a positive way, in a way that makes you adapt instead of shrinking in fear is the answer now. Be aware of the sweeping changes that demonetization is going to bring forth as the Government focuses on curbing black money, corruption and bringing in more transparency in the system. All these goals require a new digital infrastructure for the industry. As that gets into shape, you can either sit and worry about the job skills that have gone obsolete; or you can stand up and start preparing for the skills that will now be in demand.

The ease with computers, being well-versed with technology, quick adaptability to change, a fast digital learning curve, ability to handle new-age applications, IT-friendliness, and agile orientation will be the new skill sets required, as old skills ride into the sunset.

You can either tap the new opportunities that will now open if you are already a digitally native generation, or you can prepare yourself at a rapid pace for the competencies that the industry will require. No matter what you do, you can’t rely on the skills of the yesteryear.

If you can re-invent your understanding and rigour for processes and sell its relevance in the new era, you can secure your future in the era of digital banking. That should not be hard because as much digital as the industry turns, there would be certain core areas of work that only experienced professionals can supply. Hence, if you pack a core skill that is very specific to this domain and can marry the digital with the solid ground of understanding the banking system in an agile and smooth way, you will not go out of date.

Just watch well and repackage. Do not recycle the old.
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The secret to cracking CoCubes with a phenomenal score

CoCubes test papers
CoCubes conducts the Pre-Assess Test to measure employability of students across a range of skills like aptitude, technical, personality, coding, domain etc. It is an entry level exam for freshers. The exam helps companies reduce their interview bandwidth using the central assessment platform, and it also helps candidates to move ahead in their career path.

The score gained in the CoCubes test papers is used by 1200+ corporates across 350+ cities in India for hiring. The score is valid for one year. Below are the core competencies tested through this:

  • the ability to understand or visualise any real time problem,
  • systematic or sequential approach to problem-solving,
  • ability to analyse,
  • ability to deal with numbers,
  • ability to transform conceptual models into real-time systems,
  • verbal and written communication skills,
  • domain specific and technical skills and
  • personality profile of the candidate to evaluate a potential fit.

Understanding the syllabus to score higher

To get a high score in CoCubes Exam, the first thing that the candidates need to know is the syllabus and the exam pattern. The pattern of the exam is similar to AMCAT but the level of difficulty is definitely higher.

Module Type
Question Count
Aptitude Module
(45 min)
English Usage
Reading Comprehension, Grammar including articles, Prepositions, Sentence Correction, Speech, Tenses, Verbal Ability including Synonyms, Antonym, Spellings and Idioms and Phrases
Analytical Reasoning
Visual Reasoning, Statement and Conclusions, Relationships, Logical Reasoning, Attention to Details and Flowcharts
Numerical Reasoning
Concepts of Mathematics including Time and Work, Speed and Distance, Algebra, Equations, Progressions, Profit and Loss, Ratios, Averages, Geometry and Data Interpretation
Computer Fundamentals (15 min)
Basics of C/C++/OOPS, Basics of Data Structures, Basics of Computer Architecture, Digital Logic, Networking Concepts, Common Applications such as MS Office and general awareness about input/output devices
Psychometric Module
(12 min)
Behavioural profiling based on commonly known personality traits
Domain Module
(20 min)
(the student needs to take relevant domain test only)
Building Materials, RCC Design, Theory of Design and Structures, Soil Mechanics and Foundation, Construction Scheduling, Water Resource Engineering / Hydrology, Geotechnical Engineering and Environmental Engineering
Electrical Machines, EMMI, Network Analysis and Synthesis, Control Systems, Digital Electronics, Power Electronics, Power System and Instrumentation, Microcontroller and Microprocessor
Thermodynamics, Design of Machine Members, IC Engines and Compressors, Theory of Machine, Engineering Material / Meteorology, Strength of Materials, Fluid Mechanics and Manufacturing Process
Electronic Devices and EMMI, Network Analysis and Synthesis, Microprocessor and Microcontrollers, Digital Electronics, Communication System and Control System
Computer Science
C, C++, OOPS Concepts, Data Structures, DBMS concepts, Operating System Concepts, Design and Analysis of Algorithms, Networking Concepts, and Computer Architecture
Coding Module
(30 min)
Writing codes to solve a set of problems in language of choice: C, C++, C#, Java
Written English Test (WET) (25 min)
Candidates have to write their views on simple topics of general awareness. English Grammar, Sentence Construction, and Vocabulary are also assessed along with relevance to topic and adherence to the word limit.

CoCubes placement papers

CoCubes is also a third party for many companies, providing recruitment services by conducting aptitude test for shortlisting the candidates. Companies prefer aptitude tests when they don't want to include questions of technical background in the test. A recommended score to achieve ranges between 500 and 590. A score of 600+ is considered ideal for getting calls from companies.

Tips for preparation

  1. Being a lengthy exam, time management is very crucial to crack this test. Candidates should practice as much as they can to improve speed and accuracy. Courses with online mock tests are highly recommended.
  2. For the preparation of company specific CoCubes placement papers, candidates should go through previous year’s question papers to know about the pattern of questions.
  3. Reading basic aptitude preparation books can be very helpful.
Given the vast syllabus and the amount of preparation needed, it is advisable for candidates to take help from professional coaching platforms like TalentSprint. Once enrolled, candidates can opt for their online or classroom programmes and get the appropriate study material to get a good score in the CoCubes Exam.

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Friday, 20 January 2017

Want to Apply for CTET? Are you Really Eligible?


Teaching is a noble profession. It is our teachers who shape our life through our student days and beyond. School teachers impact the lives of their students in many ways, helping them realise their potential. This significance of a teacher has now made a certain benchmark for the quality of teachers recruited in Central Government Schools a necessity. CTET (Central Teacher Eligibility Test) was born out of this need. It has now become essential for aspiring teachers to clear the CTET with a good score to be placed in a leading school.

Teaching aspirants having the following minimum educational qualification are eligible to apply for CTET.

Minimum Educational Qualifications for becoming a Teacher for Classes I-V

  • Senior Secondary (or its equivalent) with at least 50% marks and passed or appearing in final year of 2- year Diploma in Elementary Education (by whatever name known)
  •  OR
  •  Senior Secondary (or its equivalent) with at least 45% marks and passed or appearing in final year of 2- year Diploma in Elementary Education (by whatever name known), in accordance with the NCTE (Recognition Norms and Procedure), Regulations, 2002.
  • OR
  • Senior Secondary (or its equivalent) with at least 50% marks and passed or appearing in final year of 4- year Bachelor of Elementary Education (B.El.Ed). 
  • OR 
  • Senior Secondary (or its equivalent) with at least 50% marks and passed or appearing in final year of 2- year Diploma in Education (Special Education)*. 
  • OR 
  • Graduation and passed or appearing in final year of two years Diploma in Elementary Education (by whatever name known).

Minimum Qualifications for becoming a Teacher for Classes VI-VIII:

  • Graduation and passed or appearing in final year of 2-year Diploma in Elementary Education (by whatever name known). 
  • OR 
  • Graduation with at least 50% marks and passed or appearing in 1-year Bachelor in Education (B.Ed). 
  • OR 
  • Graduation with at least 45% marks and passed or appearing in 1- year Bachelor in Education (B.Ed), in accordance with the NCTE (Recognition Norms and Procedure) Regulations issued from time to time in this regard. 
  • OR 
  • Senior Secondary (or its equivalent) with at least 50% marks and passed or appearing in final year of 4- year Bachelor in Elementary Education (B.El.Ed). 
  • OR 
  • Senior Secondary (or its equivalent) with at least 50% marks and passed or appearing in final year of 4- year B.A/B.Sc.Ed or B.A.Ed/B.Sc.Ed. 
  • OR 
  • Graduation with at least 50% marks and passed or appearing in 1-year B.Ed. (Special Education)


  1. Relaxation of up to 5% in the qualifying marks in the minimum Educational Qualification for eligibility is allowed to candidates from the reserved categories, such as SC/ST/OBC/Differently abled. 
  2. Training required: A person with D.Ed (Special Education) or equivalent qualification shall undergo, after appointment, a 6-month Special Programme in Elementary Education, recognized by NCTE. 
  3. The minimum qualifications as given above apply to teachers of Languages, Social Studies/Social Science, Mathematics, Science etc. For Physical Education teachers, the minimum qualification norms are as per the NCTE Regulations. For teachers of Art and Craft Education, Home Science, Work Education, etc. the eligibility norms are as those prescribed by the State Governments. 
  4. Candidates appearing in the final year of Bachelor Degree in Education or Diploma in Elementary Education etc. are provisionally admitted and their CTET Certificate shall be valid only on passing the aforesaid Examinations. 
Only candidates satisfying the above qualifications are eligible to appear for the Central Teacher Eligibility Test. For details on how to prepare for the same, visit
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Tuesday, 17 January 2017

Banking Trends to Watch Out For in 2017

When some major names in the industry in 2016 announced serious bot and AI plans, that too on a considerable scale, it was a clear indication that automation and technological transformation are going to be key trends affecting the banking industry in a significant way.

In the year 2017, both digital, as well as financial technology initiatives, would be at the core of the banking industry. They would also trigger many associated changes in the job arena, the skills required, the demand-supply dynamics, a series of new job roles and job descriptions and some skills becoming obsolete at a fast rate.

Bank Exams Practice Kit

Many notable research firms and analysts are predicting such massive changes taking a firm grip in the coming year. It is being forecasted in the banking trends 2017 that artificial intelligence, smart infrastructure and machine learning would become key drivers and investments for many banks and institutions. New concepts like intelligent apps, digital app, a mesh of digital with physical processes, conversational systems, and adaptive security would become very important.

Specifically, in banking, the advent of AI and machine-learning techniques would start shaping real-time transactions, predictive models of transactions and a number of high-impact scenarios would arise which can drive clear and specific business value. This is where job aspirants would have to realise how and what skills are going to become less relevant and which ones would become the need of the new market. It is advisable to be ready for these digital ripples well in advance.

Key Banking Trends Likely To Be Seen In 2017

  •  Increase in Online and Mobile Platforms: Banks will continue to invest heavily in providing their own mobile and web solutions. All this will eventually lead to an integrated solution, where the entire banking operation will go online.
  • The phone will be the new wallet: With the help of NFC chips, one can just tap the phone to make a transfer.
  • The emergence of Virtual Personal Assistants (VPAs), because of their potential to transform the workplace by making everyday tasks easier.
  • The rise of Blockchain technology, the distributed ledger. It is a concept where the value exchange transactions (in bitcoin or other token) get sequentially grouped into blocks and with the use of digital transparency, the level of credibility and security goes to another level. These ledgers will become popular in industries like identity verification, document-heavy industries, music industry, IP content industry, land records and title registry.
  • Data Analytics: The success of banks will depend on the relationships it is able to nurture with its customers and understanding their pulse to provide them with excellent service. But this calls for analysing the huge data that comes pouring in every single second into the system. Thus the rise of smart data analytics.
A lot of other changes would be sweeping across the industry and eventually, the banking industry’s models, processes, systems and of course, job profiles would drastically change.

For banking aspirants, this means, there will be lesser jobs based on the rule. Routine jobs that can be automated will begin to be replaced by machines. Candidates need to focus on developing their digital skills and combine it with human intuition to succeed in the new age banking.

You could also brush up your skills with technology-driven platforms that help you learn online & offline, via pendrive. 

With everything undergoing a drastic makeover, 2017 would be quite a year to watch out for.
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Monday, 16 January 2017

What is the Benchmark eLitmus Percentile to get a call from Top IT Companies?

eLitmus percentile
eLitmus is popularly known as the pH test conducted on a national level by India’s largest fresher evaluation and recruitment body. It is a pen & paper aptitude test, designed to be completed in 2 hours. Mere academic reports and course certificates do not tell about a candidate’s technical, aptitude and reasoning skills.

But with an eLitmus score, this problem is solved, as the scores are helpful for candidates to highlight their skill sets and at the same time for companies to shortlist candidates for an interview. The pH test score is in percentile & helps candidates benchmark themselves against the national talent pool. Candidates can use this score to apply to IT companies up to a period of 2 years.

eLitmus Percentile

A common misconception is to equate percentile to a percentage. But they are vastly different. If say candidate A, has scored 92 percentile in the pH test, it means 92% of pH test takers have scored less than him and 8% of the test takers more than her. Say there are 1,00,000 test takers in the said year, then 8% of candidates, that is 8,000 in all, are above candidate A.

How to score a good percentile in the pH test

To score a good percentile in eLitmus, attempt only those questions that you are sure of. Try to avoid negative marks, as in the percentile criteria, the accuracy of your answers is what matters.

Each of the 3 test sections consists of 20 questions each. Do not try to solve all the questions. Choose to answer only those you are confident about. If your goal is to score a 90 percentile, then 10 questions plus is enough to attempt in each section. You must ensure that your score is not bogged down by the negative marking scheme, which is considered Section Wise and not on the Complete Test. So choose the right questions and answer them wisely.

Score Calculator for eLitmus:

Quantitative aptitude section:

  • Up to 10 Marks(1 correct question) : 40+ percentile
  • Up to 20 Marks(2 correct question) : 50+ percentile
  • Up to 30 Marks(3 correct question) : 75+ percentile
  • 60+ marks : 95+ percentile

Reasoning aptitude section:

  • Up to 20 Marks(2 correct question) : 40+ percentile
  • Up to 30 Marks(3 correct question) : 50+ percentile
  • Up to 40 Marks(4 correct question) : 65+ percentile
  • Up to 50 Marks(5 correct question) : 80+ percentile
  • 60+ Marks : 95+ percentile

Verbal aptitude section:

  • Up to 20 Marks(2 correct question) : 20+ percentile
  • Up to 60 Marks(6 correct question) : 60+ percentile
  • Up to 90 Marks(9 correct question) : 85+ percentile
  • Up to 100 marks : 90+ percentile
  • 120+ marks : 95+ percentile 
Make sure that you score above zero marks in each section. For getting a call from an MNC or a Top billing IT company you should score 120 + marks in the exam i.e. have an 80+ percentile in all the three sections.

 Since choosing the questions wisely is the key to scoring high in this test, it is advisable to be guided by experienced coaching professionals like TalentSprint. Such preparation can not only help with the right material to study but also the right shortcut techniques to solve complex problems on the main day.

 Join and get set to score high for entering the dream IT company of your choice.
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When & Where? CTET Notification and Centres

CTET centres
Central Board of Secondary Education (CBSE) annually conducts the Central Teacher Eligibility Test (CTET) for teachers of classes 1st to 5th and classes 6th to 8th, all over India. The exam is conducted twice in a year in February and September and a CTET notification is released with all necessary information for the same.

So, candidates anxiously waiting for the CBSE-organised CTET 2017 11th edition... your wait is over!

CBSE has released the CTET Notification for February 2017. Candidates can apply online for CTET 2017 Application Form from the first week December 2016 to the last week of December 2016. The Application Form has been released, so check the official portal and apply for CTET 2017 before the last date.

The online forms are available on CBSE’s official website at

CTET FEB 2017 Important Dates (Tentative):

  • Starting Date for submission of application form: December 2016
  • CTET 2017 Last date for submission of application: December 2016
  • Last date for CTET Exam fee Payment: December 2016
  • Period to Online corrections in CTET Application form 2017 particulars: January 2017
  • Download CTET 2017 Admit Card from Board’s website: Last week of January 2017
  • CTET 2017 Written Exam Date: Mid of February 2017
    • Paper II- 9.30 AM to 12.30 PM.
    • Paper I- 2.00 PM to 4.30 PM
  • CTET Result 2017 Release date: April 2017
  • Dispatch of CTET Marks Certificate: April 2017
After submission of CTET 2017 Online application form, download the filled-in CTET application form with the registration number for future use.

CTET Centres:

Candidates are required to give 3 OPTIONS in order of their preference for their exam centre. While every effort is made to allot a Centre in one of the places opted by the candidate, in case the numbers of candidates in any of the centres are unviable for conducting the exam, the Board may not conduct the Examination in that city and the candidates who opted for that city as their 1st preference may be allotted another Examination Centre in some other city opted as 2nd or 3rd preference of candidate’s choice. Under no circumstances, the CTET Centre, once allotted, shall be changed by the CBSE. Here is a list of States and Cities where the CTET Feb 2017 will be conducted:


 Once the formality of application is completed, you can focus on preparation and CTET coaching from India’s trusted preparation platform.

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