Full Form of IBPS: All about IBPS Exams and Functions

IBPS stands for Institute of Banking Personal Selections. It is an autonomous body responsible for providing assistance to organisations in various aspects. These aspects includes selection, placement & recruitment processes for organisations by designing and developing the sufficient assessment tools and conducting examinations as well as evaluating the aspirant’s responses. All these activities are performed by IBPS on the request of the respective organisations. 

The Institute of Banking Personal Selections (IBPS) was registered under the Societies Registration Act, 1860 and also registered under the Bombay Public Trust Act, 1950 as a Public Trust. 

Vision of IBPS: 

The IBPS has a vision of evolving and implementing the exceptional and reliable processes and framework for the assessment or selection of personnel by following the fair practices. The above activity is done for various client organisations. It also aims to conduct relevant support research and to publicise the findings. 

Functions of Institute of Banking Personal Selections (IBPS): 

The Institute of Banking Personal Selections (IBPS) undertake various activities of recruitment, promotion, assessment centre etc. The contribution of IBPS in these areas is as follows:

1. Recruitment: The IBPS plays a very major role in the recruitments of Oficers, Clerical and Specialist Officers cadre. All these recruitment examination projects involves lakhs of candidates every year. It conducts examinations for various organisations like Public Sector Banks, Regional Rural Banks, Cooperative banks, Private Banks etc. These recruitment examinations includes Common Recruitment Process (CRP) PO/MT, CRP Clerical, CRP RRBs.

2. Promotion: The IBPS is also contributing to the entire banking industry by providing valuable services in terms of promotion and placement programmes at different levels.

3. Apart from the above two services, IBPS also undertakes admission test projects for various universities and institutes; assesses competencies and skills of the participants for many purposes like recruitments or for promotions or placements; assessment of group dynamics related personality traits and projects where only applications are registered.

Overall, IBPS bestows its services to all Reserve Bank of India, National Bank for Agriculture and Rural Development, Public Sector Banks, State Bank of India & its associates, few Co-operative banks, Small Industries Development Bank of India, LIC & insurance companies which are regular members of the IBPS society.

As per the official website of IBPS, 1.01 crore candidates applied for different examinations like CRP PO/MT, CRP Clerical, CRP RRBs and various other examinations conducted by the Institute of Banking Personal Selections (IBPS) during the year 2018-19. As a result, IBPS has recieved the recognition of being a major “Personnel Selection Test Conducting Agency”.

What Is The Full Form Of OCR

OCR Full Form - Optical Character Recognition

OCR stands for optical character recognition. It is also known as an optical character reader (OCR) or text recognition. It is designed to convert scanned paper documents, or images of documents captured by a digital camera into readable, editable and searchable data.

The scanned page of a physical document can be displayed on the screen and can be read, but for the computer, it is just a series of black and white dots, which it cannot recognise. To enable the computer to read a scanned document and produce a soft copy, OCR was developed. OCR examines the text of a scanned document and translates the characters into code that makes the text machine-readable so that it can be transformed into an electronic format or soft copy just like a document created with a word processor which users can edit, format, search and read. 

Thus, it helps computer recognize words and characters on a scanned page or digital images of physical printed or handwritten documents by using the optical properties of words and characters printed on a scanned page or document.

An OCR device is made up of hardware and software combination, designed to convert physical documents into machine-readable text. Hardware of OCR (optical scanner or a circuit board) copies and reads the text, whereas the software deals with the advanced processing. The software can also make use of artificial intelligence to use advanced methods of intelligent character recognition (ICR), like the ability to identify language or style of handwriting.

What is the full form of SSC

(i) SSC: Staff Selection Commission

SSC stands for Staff Selection Commission. It is an Indian organization which recruits staffs for various posts in the various Ministries and Departments of the Government of India. It also recruits for subordinates offices. The commission is headed by a chairman and there are two members and a Secretary-cum-Controller of Examinations to assist the Chairman. It is headquartered at New Delhi, India.

Furthermore, the SSC has a regional set-up in order to conduct exams smoothly. At present, it has seven regional offices at Allahabad, Mumbai, Kolkata, Delhi, Chennai, Guwahati, Bangalore and two sub-regional offices at Raipur and Chandigarh.

The Staff Service Commission conducts competitive examinations to recruits various services and posts. There are more than 20 types of jobs varies from group B to group C. Eligibility criteria is graduation in any stream from a recognized university to apply for an SSC examination. Physical fitness and measurement are also required for some posts like the Sub-Inspector and Narcotics department.

Some of the Major Functions of SSC:

• To conduct recruitment for the Group "B" posts in the Ministries/ Departments of the Govt. of India and their subordinate offices and for all non-technical Group "C" posts in the Ministries or Departments of Govt. of India and their subordinate offices
• To conduct exams and interviews for the posts within its purview
• To conduct departmental exams related to promotion from a lower division to upper divisions
• To conduct periodical typewriting tests in Hindi and English
• To perform other functions entrusted to it by the Central Govt. from time to time

(ii) SSC: Secondary School Certificate

SSC stands for Secondary School Certificate. The School Certificate examination, which is also known as SSC or Matriculation examination, is a public examination conducted by various boards of education including CBSE and other state boards. It is also known as 10th board exam as students of 10th grade or class appear in this examination.

The SSC exam is conducted in many states of India, Pakistan and Bangladesh. It is equivalent to GCSE in England. It is followed by Higher Secondary Certificate (HSC), i.e. the students who pass the SSC examination are eligible to appear in HSC.

Indian states which conduct SSC examination

Tamil Nadu, Gujarat, Kerala, Maharashtra, Andhra Pradesh, Goa, and Madhya Pradesh are the Indian states which conduct SSC examination. The examination structure may differ from board to board. After the completion of this course students get the certificate with grades or percentage according to their performance in the examination. In India, over 1.3 million students appeared in this exam in 2014.

Most common subjects for SSC examination

• Mathematics
• Science & Technology
• Social Science
• Hindi
• English
• Regional Language

Procedure and Schedule

SSC exams are conducted annually at the national level by Central Board of Secondary Education in the month of March or April. The syllabus of different examination board may be different. To apply for this examination one should have to enroll oneself in a central or state level senior secondary school.

What Is The Full Form Of OK | OK Full Form

What Does OK Means?

Full Form OK is Oll Korrect : OK (okay) is a colloquial English word denoting approval, acceptance, assent, or acknowledgment.

OK is most likely short for “Oll Korrect” or “Ole Kurreck” or “Orl Korrekt”, a jokey misspelling of “All Correct” that needs a little historical context to make sense. In the late 1830s, a slang fad inspired young, educated folks in New York and make tongue-in-cheek acronyms for deliberate misspellings of common phrases. This led to arcane abbreviations like KY for “no use” (know yuse) and NC for “enough said” (nuff ced).

Note:

According to American etymologist and lexicographer Allen Walker Read, OK did not stem from the Choctaw word okeh or oke. Nor did it come from olla kalla, Greek for “all good.”

What is the full form of GDP

GDP: Gross Domestic Product

The Full form of GDP is Gross Domestic Product. GDP is the total market value of all the goods and services produced within a country in a specific duration of time. GDP measures the monetary value of final goods and services – that is, those that are bought by the final user – produced in a country in a given period of time. It is used to measure the size of an economy and overall growth or decline in the economy of a nation. It indicates the economic health of a country as well as specifies the living standard of the people of a specific country, i.e. as the GDP increases the living standard of the people of that country increases. A country having good GDP is considered as a good country for living purpose. In India, there are three main sectors that contribute to GDP; industry, service sector and agriculture including allied services. GDP is the primary indicator to determine the growth of a country’s economy. There are many approaches to calculate GDP. If we talk about a simple approach, it is equal to the total of private consumption, gross investment and government spending plus the value of exports, minus imports i.e. the formula to calculate GDP = private consumption + gross investment + government spending + (exports – imports).

GDP stands for Gross Domestic Product. It is the total market value of all the goods, products and services produced within a country in a specific duration of time. It is used to measure the size of an economy and overall growth or decline in the economy of a nation. It indicates the economic health of a country as well as specifies the living standard of the people of a specific country, i.e. as the GDP increases the living standard of the people of that country increases. A country having good GDP is considered as a good country for living purpose. In India, there are three main sectors that contribute to GDP; industry, service sector and agriculture including allied services.