Precis writing is an important part of most banking and insurance mains exams. The overall mains cut-off marks are calculated by combining the scores from the precis writing section with those from the objective paper. For aspirants aiming to succeed in their exams, a clear understanding of the precis writing format is necessary. The purpose of the Precis writing is to test the language proficiency and comprehension skills of the candidate along with his/her creativity, intellectual knowledge, and understanding of the given passage/ context. Analyzing the precis writing examples will assist you in familiarizing yourself with the format and improving your scoring potential. 

Precis writing cultivates the ability to read passages attentively and with focus. It also contributes to the enhancement of your ability to identify key and non-key components of passages, thereby demanding your close attention to the reading process. Candidates need to remember that they must use a computer keyboard to type the precis throughout the exam. To aid the aspirants, this page contains extensive details about precis writing such as precis writing format, precise writing examples, and precise writing samples on this page. Make the best use of this and practice regularly to ensure your success. 

Attempt Precis Writing Mock Test For SBI PO and Insurance Exams

Precis Writing Meaning

Precis Writing Meaning: A precis is a concise summary or shortened version of a longer text or document, designed to highlight the main ideas, key points, and essential information from the original passage. The aim is to simplify the content to its most important aspects by eliminating unnecessary details and repetition. A précis is usually one-third the length of the original text and is crafted in a manner that is both clear and concise. Mastering the precise writing format through the precise writing examples offered here will significantly aid in your preparation for the upcoming SBI PO and other banking exams.

Precis Writing Format

A precis serves as a summary or condensed version of a longer text or document. Here you can check the precis writing format for your reference. 

A candidate will be provided with a story, passage or a paragraph to write a precis on. They have to:

• Read the story, passage, or paragraph carefully and create mental notes/outlines.

• Create a precis using simple and precise language.

• Proofread and edit the precis.

• Avoid flowery or superfluous words.

• You have to make sure that your sentences are well-structured and easy to read.

• Remain focused to the point.

• Do not put unnecessary details or ramble on irrelevant topics.

• Use active rather than passive voice where possible.

Note: A precis is usually required to be one-third of the size of the passage, it is being written on. It is essential to adhere strictly to the specified word limit as directed in the question. 

Check Descriptive Letter Writing Format For Bank PO Exams

Precis Writing Sample

Candidates can check the precis writing sample given below to understand the precis writing format and more details. 

Write a Precis of the following paragraph in your own words

The banking sector in India is undergoing rapid change. Technological advancements have greatly transformed the industry, altering both financial processes and the operations of financial institutions.This shift has presented major challenges for both banks and regulators. One key challenge is 'compliance,' which is crucial for the long-term success of any banking and financial system.

Compliance refers to the adherence to laws, rules, regulations, and various codes of conduct, including those that are voluntary. While many of these requirements come from external sources, it is equally important to follow the organization's internal rules, policies, and procedures, and to act in line with ethical practices. A strong compliance culture should also promote adherence to fair practice codes, manage conflicts of interest, and ensure fair treatment of customers, all with the ultimate goal of providing efficient customer service. Therefore, compliance should extend beyond legal requirements to encompass broader standards of integrity and ethical behavior.

For banks, showcasing a strong compliance culture is crucial to preserving their reputation and gaining the trust of customers, investors, and regulators. Such a culture is vital for banks to prevent misconduct and the erosion of trust. A strong compliance culture offers several benefits to banks; which includes: i) low organizational and individual risk; ii) low reputational risk; iii) less hesitance and more confidence among employees while performing their jobs; iv) Helps attract and retain talent and ensure employee engagement. v) improved transparency which enables better decisions; vi) enhanced relationship with regulators and other stakeholders and vii) enhanced valuation among investors. Therefore, adopting a compliance culture is essential for achieving customer satisfaction, which ultimately results in higher returns on equity.

A strong compliance culture will, therefore, contribute to building organizations that are strong, resilient, disciplined and enjoy the benefits of sustained growth and customer confidence.

Precise Writing: 

Title: Compliance in Banking

The banking sector in India is experiencing rapid transformation driven by technological advancements, presenting major challenges, especially in terms of compliance. Compliance involves following laws, rules, regulations, and internal codes of conduct, while also upholding ethical practices. A strong compliance culture not only meets legal obligations but also ensures fairness in customer treatment, conflict management, and effective service delivery. Demonstrating a strong compliance culture is essential for safeguarding a bank's reputation and building trust with customers, investors, and regulators. The benefits include lower risk, increased employee confidence, greater transparency, and stronger relationships with stakeholders. Compliance risk, such as legal sanctions or reputational damage, highlights the importance of managing risks effectively. Banks should see compliance not merely as an expense but as a protection against penalties and damage to their reputation. A strong compliance culture fosters sustainable growth, resilience, and lasting customer trust.

Check Descriptive Essay Writing Format For Bank PO Exams

Precis Writing Examples

Precises are generally used in academic, journalistic, and professional contexts to provide readers with a quick understanding of a complex or lengthy piece of writing. Here you can check some of the precis writing examples that will help your fo your preparation. 

Write a Precis of the following paragraph in your own words

Ethical practices are a crucial element in building a strong business and culture, alongside factors like other factors such as salary, fulfilling work, good management, and more. Research has shown that workplace culture and accountability are crucial factors in determining a business's success, emphasizing the importance of fostering a strong business foundation.

This means that for the current generation entering the workforce, strong ethics are essential to a company's long-term success and growth.

Good ethics guide people to make decisions that benefit the company's long-term success and growth, thereby contributing to building a solid business. In fact, it can be argued that poor ethics have contributed to the demise of many companies. A classic example of this is Enron. Enron had a toxic culture that played a major role in the collapse of that company. In essence, the absence of good ethics from the company sowed the seeds for the company’s demise.

A company with a strong culture that emphasizes good ethics is more likely to attract and retain employees who make decisions that support the long-term growth and success of the organization.

Q. Where can I get the precis writing format with examples? 

You can get the precis writing format with examples in this article.