Data Interpretation is a significant component of any banking exam’s Quantitative Aptitude section. Almost all bank and insurance prelims exams will have 5-10 questions or 1-2 sets of data interpretation. This topic is highly important in the major bank mains examinations. This topic should account for around 50% of the questions in the bank mains exams. Banking candidates must be aware of the significance of Data Interpretation in their selection. We can observe that the majority of the data interpretation questions in the mains test carry a lot of weightage. This post will provide you with tips and tactics to help you ace this part. Data interpretation problems have significant weightage and can be found on practically every competitive bank exam question paper. This topic often comprises of bank exam questions relating to graphs, charts, and tables, as well as statements. The questions in the form of statements require you to provide significant conclusions, and the questions can be from any topic in the Quantitative Aptitude section, such as time and distance, averages, simple interest and compound interest, and so on.
Arithmetic Based Data Interpretation Questions:
The majority of the questions in the Data Interpretation Section are based on the following Arithmetic Section subjects: They are
- Ratios
- Averages
- Percentages
Types of Data Interpretation Questions:
Let us now go through the various sorts of DI graphs/charts that you may face in the exams. –
- Pie Charts – A pie chart is a circular data visualization. A single question may contain one or more pie charts.
- Line Charts – A line chart can display data in either linear or line format. This is also a frequent method for asking questions on data interpretation in bank exams.
- Bar Graphs –Information may be displayed in the form of a bar graph, and questions based on the given information may be required to be answered.
- Tabular Charts –A table containing the necessary data can be provided, and questions about the data in it may need to be answered.
- Caselet Form – A caselet is a data given in a paragraph format. There is no picture representation, and the information is presented in the form of prose.
- Mixed Form – This is nothing but the data that have been represented in two or more charts or graphs. Candidates have to compare the given charts and solve the questions asked.
- Missing Data – Missing data is another type of data interpretation question. A table may be provided with a few missing items; applicants must answer the questions and locate the missing elements.
Important Strategies to Prepare the Data Interpretation Questions:
Most candidates are don’t have an idea about how to prepare the data interpretation questions for bank exams. For that here we have point out the important strategies to prepare the data interpretation questions.
- First of all candidates should have the in-depth knowledge in the arithmetic problems such as ratio and proportion, percentage, average etc. Then only they will get an idea about the interpretation questions.
- Data Interpretation necessitates that the applicant first interpret the data before proceeding with the computations. Candidates with strong math skills are in high demand in the banking industry. Make careful you understand the date rather than beginning with the computations.
- Scanning is a critical step that requires you to determine the level of complexity of the questions so that you know which to tackle first and which afterwards. In DI, five questions of easy, medium, and tough difficulty are posed. Start with simple questions that yield high marks.
- Data interpretation is all about calculations; to score well in this area, you must master calculation speed, which you may achieve by performing as much practice as possible with the problems. Learn the strategies and methods that will save you a lot of time while solving graphs and charts.
- Do not dismiss any form of DI because you believe it will not appear on the test. You haven’t scheduled the exam, so anything is possible. However, do not practice particularly difficult queries. Understand the exam format. Because prelims do not test your knowledge, they are only qualifying. The preliminary phase evaluates your speed and accuracy.
- Even if you are practicing at home, avoid using calculators for complex or lengthy computations.
