Bank Of India (BOI) 2023: Syllabus

The 2023 vacancy details for grade IV officer level Bank of India exam is yet to be released.

For the recruitment drive for officers in 2022, the Bank of India (BOI) officially announced the openings. There were 696 open positions at the grade IV officer level. Interested candidates were required to submit the application by May 10, 2022. All aspirants who want to take the exam and have applied for the BOI recruitment 2022 process, must properly understand the syllabus and exam format. 

Aspirants will find it easier to focus on the subjects that are important for the online exam if they are aware of the Bank Of India 2023 Exam Pattern and Syllabus. Candidates can find the exam pattern and the syllabus on the official website of the BOI. We will go into detail about the Bank Of India’s Exam Syllabus in this article.

Click on the linked article to learn in detail about the many upcoming bank examinations, the key bank exam dates, and other pertinent information.

If you are preparing for various Bank Exams, follow the below links to aid in your preparation:

Bank of India (BOI) 2023: Overview

The Bank of India issues a notification each year to find qualified applicants for the officer posts. The information is accessible on the Bank of India’s official website. The notification is yet to be released for 2023 exam.

Bank Of India 2023: Notification Overview
Advertisement Number To be updated
Conducting Organisation Bank of India, BOI
Posts Officers up to Grade IV
Total Vacancy Released To be announced
Application Fees General/ OBC- Rs 850/-

SC/ST/PWD- Rs 175/-

Eligibility Age: 21 to 38 years depending on the posts applied for

Qualification: Graduate/ Post Graduate depending on the posts applied for

Syllabus
  • English
  • General Awareness/ Banking Industry
  • Professional Knowledge
Maximum Marks 176
Time Duration 150 Minutes
Start of online application To be announced
Last Date to Apply Online  To be announced
Date of the Online Exam To be announced
Official website bankofindia.co.in

The official notification for this year was published in April 2022, and its summary is as follows:

Bank Of India 2022: Notification Overview
Advertisement Number Project No:2021-22/3
Conducting Organisation Bank of India, BOI
Posts Officers up to Grade IV
Total Vacancy Released 696
Application Fees General/ OBC- Rs 850/-

SC/ST/PWD- Rs 175/-

Eligibility Age: 21 to 38 years depending on the posts applied for

Qualification: Graduate/ Post Graduate depending on the posts applied for

Syllabus
  • English
  • General Awareness/ Banking Industry
  • Professional Knowledge
Maximum Marks 176
Time Duration 150 Minutes
Start of online application 26th April 2022
Last Date to Apply Online  10th May 2022
Date of the Online Exam 21st August 2022
Official website bankofindia.co.in

Please take note that the free Daily Video Analysis of The Hindu Newspaper by BYJU’S can help you prepare for the current affairs exam.

Government Exam 2023

Bank Of India (BOI) 2023: Exam Pattern

Before detailing the syllabus of the exam, it is important to have some idea of the exam pattern of the exam. Here is the overview of the BOI exam pattern:

Bank Of India upto Grade IV Officers: Exam Pattern
S.No. Subjects Marks Time Duration
1. English Language 50 150 minutes
2. General Awareness/ Banking industry 25
3. Professional Knowledge 100
Total 175 2 hours 30 minutes

For a detailed section-wise bank exam syllabus, candidates can visit the linked article.

Bank of India (BOI) 2023: Detailed Syllabus

There are only three subjects from which questions are asked in the written exam of the Bank of India exam. These three subjects are: English Language, General Awareness related to the Banking Industry and Professional Knowledge. 

The detailed syllabus for each of the subjects is given below:

Bank Of India 2023: Syllabus
S.No. Section Topics
1. English Language
  • Adverbs
  • Articles
  • Comprehensions
  • Error Correction
  • Fill in the blanks
  • Grammar
  • Idioms and Phrases
  • Sentence Arrangements
  • Synonyms
  • Tenses
  • Unseen Passages
  • Verb Agreement
  • Vocabulary
  • Para Jumbles
  • Cloze Test
2. General Awareness/ Banking Industry
  • Budget facts and Five-year plans
  • Banking and Finance
  • Countries and Capitals
  • Culture
  • Credit Rating Agencies
  • Economy, 
  • General polity
  • History
  • Important Financial and Economic news
  • Geography
  • Knowledge about India and its Neighborhood
  • Nonperforming assets
  • Scientific research
  • Science and innovations
  • Sports
  • National and International current affairs
  • Important national & international organization and their headquarter
  • Important days and their themes
  • Banking reforms
  • Latest acts related to banking
  • Latest circulars of RBI
  • Priority sector lending (PSL)
  • Regulatory bodies like SEBI, NABARD and RBI
  • Basel Norms
  • Latest mergers and MOUs of banks & financial institutions
  • Important Committees
  • SARFESI Act
3. Professional Knowledge Based on the position the applicant is applying for and the associated disciplines, the professional knowledge will be evaluated.

Given below are a few preparation links which may help you prepare for the upcoming bank exams:

Reading comprehension Banking Awareness
Cloze Test Idioms & phrases
Error Detection History of Banking in India
Static GK Current Affairs

Some of the subjects asked in the Professional Knowledge are

  • Management Accounting
  • Economics
  • Corporate Accounting
  • Business Management
  • Basic Accounting
  • Accounting 

The detailed syllabus for these subjects is given in the below table:

S.No. Section Topics
1. Management Accounting
  • Analysis
  • Standard Costing and various Analysis
  • Sources of Finance
  • Capital Structure
  • Capital Budgeting
  • Cost of capital
  • Funds flow statement
  • Sources of Finance
  • Sources of finance
  • Process Costing
  • Contract Costing
  • Ratio Analysis
  • Cash Flow Statement
  • Budgeting and Budgetary Control
  • Process Costing
  • Job and Batch Costing
  • The material, Labor cost, and Overhead cost
  • Financial Statement AnalysisMarginal Cost and Cost Volume Profit
  • Capital Structure
  • Budgeting and Budgetary Control
2. Economics
  • Money Market
  • Micro and Macro Economics concepts
  • Updates related to money market and RBI Policies
  • Capital Market
3. Corporate Accounting
  • Issues and Redemption of Debentures
  • Valuation of Goodwill and shares
  • Redemption of preference shares
  • Issues, Forfeiture, and Reissues of shares
  • Divisible Profits and Bonus Issues
  • Guidelines of SebiFinal Accounts
  • Underwriting
  • Dividend Distribution
  • Insurance of shares
  • Accounting for Amalgamation companies
  • Acquisition of Business and profits before Incorporation
4. Business Law
  • Gratuity Act
  • Company Law
  • Provident Fund
  • Industrial Dispute Act
  • Labor Law
  • factories Act
  • Negotiable Instruments
  • Partnership act
  • Contract act
5. Basic Accounting
  • How the RBI, IRDA, and SEBI work –  Functioning
  • Principles and concepts of Accounting
6. Accounting
  • Absolute Costing
  • Overview of Cost AccountingCost Sheet and work Capital
  • Marginal Costing
  • Social Accounting
  • Cost Volume Profit Analysis
  • Target Costing
  • Transfer pricing
  • Activity-based Costing
  • Inventory valuation
  • Forecasting

Read the linked article to learn How To Stay Focused to Score High Marks In Bank Exams.

Online Quiz 2023

The information above should have been helpful in informing candidates about the Bank of India Exam. Follow BYJU’S for more details on requirements, age restrictions, job openings, study guides, and other information for any other government exam.

Related Links:

RBI Syllabus SBI PO Syllabus
IBPS PO Syllabus IBPS RRB PO
IBPS SO Syllabus SBI SO Syllabus

Frequently Asked Questions about Bank Of India  Exam Syllabus

Q1

Q1. Does the BOI exam have sectional timing?

Ans: The BOI exam does not have any sectional time limit.
Q2

Q2. What is the syllabus for the BOI’s scale IV recruitment in 2023?

Ans: The Bank of India officer Grade IV syllabus includes: English, General Awareness/ Banking Industry and Professional Knowledge.
Q3

Q3. Are current affairs important for the BOI exam?

Ans: Yes, there is a section of general awareness on the BOI exam that includes current affairs-related questions. Therefore, it is important.
Q4

Q 4. Is there a negative marking in the exam?

Ans: Yes, there is a 0.25 marks penalty for each incorrect answer.