IBPS SO Exam is a perfect opportunity for candidates who want to work as a Law Officer in a Bank. IBPS conducts the SO Exam for the recruitment of Specialists Officers.
A Law Officer plays an important part in a bank. They provide legal advice as well as deal with various legal issues associated with the bank. Candidates who want to become an IBPS Law Officer must understand this job profile, their roles, and responsibilities. Let’s check out what do an IBPS Law Officer actually do:
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A Law Officer takes care that the bank follows all the rules and regulations set by the RBI.
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An IBPS Law Officer in banks prepares legal documents for various processes of the bank.
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An IBPS Law Officer guides the bank to act in accordance to various laws like RBI Notifications, Banking Regulation Act, Foreign Exchange Management Act, Contract Laws, Companies Act, 1956, etc.
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A Law Officer in banks prepares initial drafts of legislation administered/to be administered by the bank.
Institute of Banking Personnel Selection will release the notification of IBPS SO 2021 on its official website i.e www.ibps.in.It is held at various locations throughout India. The mode of examination is online. According to the calendar released by the IBPS, IBPS SO Prelims Examination will be held on 18th December 2021 & 26th December 2021 and Mains Examination will be held on 30th January 2022.
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Activity
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Tentative Dates
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IBPS SO Notification 2021
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To be Notified
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IBPS SO Online Registration Starts From
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To be Notified
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Last Date to Apply Online for IBPS SO
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To be Notified
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Download of call letters for Online examination – Preliminary
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To be Notified
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Commencement of IBPS SO Preliminary Exam
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December 18th & 26th 2021
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Result of IBPS SO Online exam – Preliminary
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To be Notified
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Download of call letters for Online examination – Mains
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To be Notified
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Commencement of IBPS SO Mains Exam
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January 30th, 2022
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Conduct of Interview
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To be Notified
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IBPS SO 2021 Final Result
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To be Notified
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The no. of vacancies will be released with the release of notification. The Notification is expected to be released in the month of October 2021. Last Year, the number of vacancies was 50 for the Law Officer post of IBPS SO. Here in the table, the post-wise vacancy details are for the year 2020 given below:
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S.No.
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Name of Post
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No. of Vacancies
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1
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Agriculture Officer (Scale-I)
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485
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2
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Marketing Officer (Scale-I)
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60
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3
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Law Officer (Scale-I)
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50
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4
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Rajbhasha Adhikari (Scale-I)
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25
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5
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IT Officer (Scale-I)
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20
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6
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HR/Personnel Officer (Scale-I)
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7
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Total
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647
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IBPS SO Law Officer Eligibility
I. Nationality / Citizenship:
A candidate must be either -
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A Citizen of India or
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A subject of Nepal or
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A subject of Bhutan or
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A Tibetan Refugee who came over to India before 1 January 1962 with the intention of permanently
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settling in India or
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A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India, provided that a candidate belonging to categories (ii), (iii), (iv) & (v) above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.
II. Age Limit :
Minimum: 20 years Maximum: 30 years
i.e. A candidate must have been born not earlier than 02.11.1989 and not later than 01.11.1999 (both dates inclusive)
II. Educational Qualifications :
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Name of the
Post
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Age
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Educational Qualifications
(from a University/ Institution/ Board recognised by Govt. Of India/ approved by Govt. Regulatory Bodies)
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Law Officer (Scale I)
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Min- 20 Years
Max-30 Years
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A bachelor’s degree in Law and enrolled as an advocate with Bar Council
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In the case of dual specializations, one of the fields of specialization should be in the field prescribed. In the case of major/ minor specializations, major specialization should be in the stream prescribed. Candidates having PG Degree (MMS or MBA)/PG Diploma with more than two specializations are not eligible to apply.
Relaxation of Upper age limit
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Sr. No.
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Category
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Age relaxation
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1
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SC/ST
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5 years
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2
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OBC (Non- creamy layer)
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3 years
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3
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PWD.
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10 years
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4
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Ex-Servicemen
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5 years
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5
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Persons ordinarily domiciled in the State of Jammu & Kashmir during the
period 1-1-80 to 31-12-89
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5 years
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6
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Persons affected by 1984 riots
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5 years
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IBPS SO Law Officer Prelims Exam Pattern
For the Post of Law Officer
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Serial No
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Section
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No. of Questions
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Total Marks
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Duration
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1.
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Reasoning
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50
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50
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40 min
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2.
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English Language
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50
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25
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40 min
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3.
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General Awareness with Special Reference to Banking Industry
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50
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50
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40 min
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Total
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150
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125
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120 min
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IBPS SO Law Officer Mains Exam Pattern
For the Post of Agriculture Field Officer
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Name of the Test
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Ques
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Maximum
Marks
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Medium of
Exam
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Duration
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Professional Knowledge
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60
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60
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English & Hindi
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45 minutes
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II. Penalty for Wrong Answers (Applicable to both – Online Preliminary and Online Main examinations)
There will be a penalty for wrong answers marked in the Objective Tests. For each question for which a wrong answer has been given by the candidate one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at a corrected score. If a question is left blank, i.e. no answer is marked by the candidate, there will be no penalty for that question.
Looking to crack IBPS SO 2021? Start preparation with IBT's IBPS SO Study material now!
IBPS SO exam will be conducted in two phases i.e Preliminary and Mains. Where Professional knowledge is the important section in the IBPS SO Mains exam. If you are appearing for the IBPS SO exam for the Agriculture officer scale-1 post, then you are at the right place. Check the IBPS SO Syllabus for Agriculture.
IBPS SO Law Officer Prelims Exam Syllabus 2021
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Reasoning Ability
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English Language
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General Awareness
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Logical Reasoning
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Reading Comprehension
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Current Affairs
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Alphanumeric Series
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Cloze Test
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GK Updates
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Ranking/Direction/Alphabet Test
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Para jumbles
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Currencies
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Data Sufficiency
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Multiple Meaning / Error Spotting
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Important Places
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Coded Inequalities
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Fill in the blanks
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Banking Awareness
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Seating Arrangement
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Miscellaneous
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Awards
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Puzzle
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Paragraph Completion
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Book And Author
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Tabulation
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Headquarter
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Syllogism
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Important Days
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Blood Relations
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Prime minster Scheme
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Input-Output
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Coding-Decoding
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IBPS SO Law Officer Mains Exam Syllabus 2021
Detailed Professional Knowledge Syllabus of IBPS SO Law Officer
This section has the highest weightage in the exam. Major sections from where questions are asked include Law and Acts with direct and Indirect Implication on the banking sector like Contract Acts, Partnerships, Companies, Firm, Constitution and other such topics like-
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RBI Functions
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Relevant laws and rulings related to negotiable instruments, securities, Foreign Exchange Prevention of money laundering, Limitation Act
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Bankers Book Evidence Act, DRT Act Offenses and Penalties
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Consumer Protection Act Banking Ombudsman Scheme
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RTI Act, Information Technology Act Banking Regulated Important Laws Limitation Act, 1993
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Banker’s Books Evidence Act, 1891
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The Recovery of Debts due to Banks and Financial Institutions (DRT) Act,1993
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Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 Miscellaneous Provisions Consumer Protection Act, 1986
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The Banking Ombudsman Scheme, 2006 Procedure for Redressal of Grievance
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Commercial Laws with Reference to Banking Operation Contracts of Guarantee
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Contracts of Bailment Contracts of Pledge Contracts of Agency
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Meaning and Essentials of a Contract of Sale Definition, Meaning, and Nature of Partnership Dissolution of a Firm
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Effects of Non-Registration Definition and Features of Company Types of Companies
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Memorandum of Association and Articles of Association Doctrines of Ultra/Constructive Notice/Indoor Management Transfer of Property Act, 1882
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The Right to Information Act, 2005
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Right to Information and Obligation of Public Authorities Banking Regulation & Compliance and Legal Aspects RBI’s Constitution and Objectives
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Banking Regulation Act, 1949 Reserve Bank of India Act, 1934 Credit Information Bureau (India) Banker-Customer Relationship
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Payment and Collection of Cheques and Other Negotiable Instruments Types of Collaterals and their Characteristics
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Foreign Exchange Management Act,1999
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The Prevention of Money Laundering Act, 2002.
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Information Technology Act, 2000
The Nodal Banks/ Participating Organizations may organize pre-examination training for SC/ST/Religious Minority Community candidates at certain centers as per the strategy issued by the Government of India. This is a kind of training session where candidates are acquainted with the type of questions, common mistakes, and tips for time management, best practices, basic tricks and approaches by experts from training organizations. The purpose is to give a level playing field to students from weaker sections that can’t afford coaching and make them aware about the general facet and recruitment procedure of the exam.
Candidates belonging to the above-mentioned categories can undergo training by signifying the same against a relevant column, at the time of applying online.
The pre-exam training is free of cost with other expenses like travel, food and lodging expenses are incurred by the candidate. Generally, it is conducted five days before the exam and the dates are announced on the official website. Please find below an indicative list of training centres:
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North India
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South India
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East India
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West India
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Agra
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Bengaluru
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Agartala
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Ahmedabad
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Allahabad
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Chennai
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Balasore
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Aurangabad
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Amritsar
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Coimbatore
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Behrampur (Ganjam)
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Bhopal
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Bareilly
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Gulbarga
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Bhubaneshwar
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Indore
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Chandigarh
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Hyderabad
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Dhanbad
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Jabalpur
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Dehradun
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Kavaratti
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Guwahati
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Jaipur
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Gorakhpur
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Kochi
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Hubli
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Jodhpur
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Jammu
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Madurai
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Kolkata
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Mumbai
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Kanpur
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Mangalore
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Muzaffarpur
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Nagpur
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Karnal
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Mysore
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Patna
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Panaji (Goa)
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Lucknow
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Port Blair
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Ranchi
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Pune
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Ludhiana
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Puducherry
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Sambalpur
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Raipur
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New Delhi
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Thiruchirapalli
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Shillong
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Rajkot
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Patiala
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Thiruvananthapuram
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Siliguri
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Vadodara
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Rohtak
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Vijaywada
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Tirupati
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Shimla
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Vishakhapatnam
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Varanasi
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IBPS will have some additional centers or remove some depending on the requirement. The Candidates who opt for pre-examination training should download their call letter for training by entering their registration number and password/ date of birth from the Bank's website. Pre-Exam training call letter will not be sent by post.
The registration for IBPS SO Exam 2021 was done online. In order to avoid any technical errors please make sure that the web browser used to fill up the IBPS SO 2021 Application form is one of the following:
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Internet Explorer 8 and above
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Mozilla Firefox 3.0 and above
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Google Chrome 3.0 and above
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Candidates applying online must have the following pre-requisites:
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A valid Email Id
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Photograph and Signature scanned in the prescribed size
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Application Fee must be paid online so all document required for online transaction
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The IBPS SO 2021 application form can only be filled on the official website.
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Before proceeding with the registration and application process, all candidates are requested to go through the complete guide for the IBPS PO Online Application.
Click here to apply Online (Link will be updated)
The category-wise application fees for the IBPS SO exam are given below. Fee/Intimation charges once paid will NOT be refunded on any account nor can they be held in reserve for any other examination or selection. The application fee must be paid online. To know more please check the complete guide for IBPS SO Application
Application Fees for the IBPS SO Exam category wise is given below:
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S.No.
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Category
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Total
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1.
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SC/ST/PWD/XS
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175/- (Intimation Charges only)
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2.
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General and OBC
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850/- (App. Fee including intimation charges)
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