SIDBI Exam

SIDBI or the ‘Small Industries Development Bank of India’ is a body that is known for predominantly leveraging financial conditions of the Micro, small, and medium enterprise sectors, also known as MSME sectors. Now, if you are someone preparing for a Government Job or a banking job, then you can appear for the SIDBI Exam 2023. The bank has announced 100 vacancies for this year. The offered position is ‘Officers in Grade A (General stream)’.

SIDBI Exam 2023 Highlights

The following table will help you go through the recruitment details elaborately. Keep in mind these details so you can do preparation accordingly.

Organization	Small Industries Development Bank of India
Post Name	Assistant Manager (Grade-A)
Stream	General Stream
Vacancy	100
Category	Govt. jobs
Application Mode	Online
Online Registration	14th December 2022 – 03rd January 2023
Exam Dates	28 January 2023
Exam Level	National
Selection Process	Online Test & Interview
Salary	Rs. 70,000/-
Official website	https://www.sidbi.in/

What is SIDBI?

Established under the act of the Indian Parliament on 2nd April 1990, SIDBI supports the MSME sectors in ‘Promotion, Financing & Development, and alignment with the various functionalities of institutions. In simple terms, it is an institutional body that primarily supports the MSME sectors with their finances.

It does so by:

• Expediting and consolidating the financial flow to MSME sectors.
• Bridging the major financial and developmental gaps within the MSME ecosystem.

SIDBI History

Being a visionary in the field, SIDBI has launched several schemes to help the MSME sectors over the years, such as:

Scheme	Introduced in
Bills of discounting (of MSE vendors)	1992
Micro-credit scheme	1994
SIDBI venture capital limited	1999
CGTMSE	2000
SMERA & ISTSL	2005
ISARC	2008
NTREES	2010
PSIG	2012
MUDRA	2015

SIDBI Grade A Notification

You will find the PDF of the SIDBI Grade A Examination (2023) on the official website of the mentioned exam conducting body. As per the website, 100 vacancies for the post of ‘Officers in Grade A (general stream)’ have already been announced by the body for the year 2023. The notification was published on 13 December 2022 and candidates can download it from there.

SIDBI 2023 Important Dates

Aspiring applicants can register their applications online for the SIDBI Grade A recruitment 2023 between 14th December 2022- 3rd January 2023. Assess the table below to get acquainted with the dates of the important events, so that you do not miss out on anything important.

Events	Dates
SIDBI Grade A Notification 2022 Release	13th December 2022
SIDBI Grade A Online Application Begins	14th December 2022
Last date to apply online for SIDBI Grade A	03rd January 2023
Last date to pay the application fee	03rd January 2023
Last date to print the application form	18th January 2023
SIDBI Grade A Admit card 2022	–
SIDBI Grade A Online Examination	January / February 2023
SIDBI Grade A Interview Call Letter 2022	–
Interview Schedule	February 2023
SIDBI Grade A result 2023	17 March 2023

Must Read: IBPS Exam

SIDBI Vacancy 2023

All the information about SIDBI Vacancy 2023 is mentioned in the notification. Below, we have mentioned a table that contains category-wise vacancies. Have a look at the following table to get a better understanding of the segregation and distribution of vacancies among different categories.

Category	Vacancies
UR	41
SC	12
ST	09
OBC	28
EWS	10
Total	100

SIDBI Exam Apply Online

Applicants deemed eligible for SIDBI Grade A recruitment 2023 can register online between the dates, of 14th December 2022 – 3rd January 2023. To apply online, one can give visit the official website of the exam conducting body. Before that, it is mandatory to ensure that you are eligible to apply.

SIDBI Apply Online Process

So, you want to work with SIDBI as an assistant manager, right? Well, in that case, you will need to appear in the SIDBI 2023 exam. Now, there are certain steps to follow in order to apply for the registration form virtually.

• Step-1- First and foremost, you’ll need to visit the official website of SIDBI.
• Step 2- You’ll get to see a “Careers” option on the homepage.
• Step 3- You will be able to find the aforementioned option on the top region of the homepage. Simply click on that.
• Step 4- This will redirect you to a new page with all the current recruitments.
• Step 5- Once you are done with that, select the option of “Application for Assistant Manager ‘Grade-A’ in General Stream”.
• Step 6- After that, you will need to click on the “SIDBI invites Applications for Recruitment of Officers in Grade ‘A’– General Stream” option.
• Step 7- Now, simply select the option of: “Click here to apply online”.
• Step 8- In the end, you will need to register for the application process.
• Step 9- You can do so by selecting the tab, “Click here for New Registration” and entering your credentials.
• Step 10- Doing so will generate a provisional registration number and password.
• Step 11- This will let you log in with your acquired registration number and password.
• Step 12- Upload the requisite credentials.
• Step-13- In the end, you will be required to pay the application fee online and submit the form.

SIDBI Application Fee

To submit the SIDBI Grade A application form, one has to pay a certain amount of the application fee. The fee structure is categorized accordingly:

Category	Application fee	Intimation Charges	Total Charges
Gen/ OBC/ EWS	Rs. 925/-	Rs. 175/-	Rs. 1100/-
SC/ST/ PwD	Nil	Rs. 175/-	Rs. 175/-
Staff Candidates	Nil	Nil	Nil

Also Read: Financial Management

SIDBI Grade A Eligibility Criteria 2023

In order to be deemed eligible for the SIDBI Grade A exam 2023, the applicant must fulfil the requisite criteria. Criteria for the examination can be segregated into different categories, such as:

Age- Eligible age limit is between 21 to 28 years.

Education- The applicant must have any of the three degrees:

• Bachelor’s Degree in Engineering or Bachelor’s Degree in Law
• Post Graduate Degree (in any subject) from a UGC-recognized institution.
• CA / CS / CWA / CFA from ICAI / ICSI / ICWAI / CFA Institute.

SIDBI Exam Pattern

In order to get a good understanding of the examination pattern for the SIDBI exam 2023, have a look at the following table.

Subject	Questions	Marks	Duration
Reasoning	40	60	40 mins
English language	30	30	20 mins
Quantitative Aptitude	40	60	30 mins
General Awareness	50	50	30 mins
Total	160	200	120 mins
Descriptive test	03	50	60 mins
Grand total	163	250	180 mins

Also Read: All About Banking

SIDBI 2023 Syllabus

The syllabus for the SIDBI examination 2023 is segregated into different sections with each section holding weightage of its own. Each section encapsulates a broad array of topics, such as:

Reasoning	Alphabet Test Alphanumeric Series Analogy Arrangement and Pattern Assertion and Reason Blood Relations Causes and Effects Circular Arrangement Coded Inequalities Coding-Decoding Data Sufficiency Decision Making Direction and Distance Direction Sense Test Figure Series Test Floor Puzzle Inequality Input-Output Linear Arrangement Logical Reasoning Machine Input Output Number Odd man out Ordering and Ranking Puzzle and Arrangements Ranking and Time Ranking/Direction/Alphabet Test Scheduling Seating Arrangement Series Test Statement and Arguments Statement and Assumption Statement and Conclusion Syllogism Tabulation Verbal Reasoning Word Formation
Quantitative Aptitude	Age problems Algebra Allegation or Mixture Area Averages Banker’s Discount Boats and Streams Case Studies Charts and Graphs Compound Interest Data Interpretation Decimal Fraction HCF and LCM Mensuration – Cylinder, Cone, Sphere Mixture and Allegations Number Systems Partnership Percentages Permutation, Combination, and Probability Pipes and Cisterns Probability Problems on Trains Profit and Loss Quadratic Equations Ratio & Proportion, Percentage Ratio and Proportion Sequence and Series Set Theory Simple Interest & Compound Interest Simplification Speed, Distance and Time Square Root and Cube Root Stocks and Shares Surds and Indices Time and Distance Time and Work Trigonometry Volume and Surface Area Work and Time
General Awareness	General Knowledge Banking and Insurance Awareness Govt. Schemes and Policies Static Awareness Awards and Honours Banking & Insurance Industry Books and Authors Budget Countries and capitals Current affairs Important days Important Financial & Economic News International & National Organisations Science- Inventions & Discoveries
English proficiency	Antonyms Error Detection Fill in the Blanks Idioms & Phrases Sentence Rearrangement Subject-Verb Agreement Unseen Passages

SIDBI Grade A Salary

The basic salary that a SIDBI Grade A candidate will get after getting appointed is mentioned below. As Assistant Managers, they can expect to earn up to around INR 28,000 per month (Base Salary). The net salary for the aforementioned post including allowance and other perks is up to 70,000 INR/month.

FAQs

You got the major information about SIDBI Exam 2023 including eligibility, the application process, and salary. The exam is supposed to conduct soon and the exam conducting will takes a few weeks only to release the result. Keep following Leverage Edu and stay connected with us on Facebook, Instagram, Twitter, and Linkedin.