Imp. Topics for General/Financial Awareness-SBI Clerk Mains 2021

The General/Financial Awareness section is an easy and scoring section of the SBI Clerk Exam, if prepared well. Unlike QA & Reasoning section where you may get surprised with tricky and tough questions, this section will ask you simple informative questions. Therefore, you just need to cover the syllabus (especially via Mock Tests) and keep updated in order to fetch maximum marks in the actual exam. This section can also take little time to attempt the questions, because of the uncomplicated questions it tests you with. But to score maximum marks in it, you need to cover the complete syllabus, every topic, especially all the important topics that often get repeated in the Exam. In this article, we will discuss all those important topics for General/Financial Awareness and more to speed up your SBI Clerk 2021 preparation.

You may also like to read: Most Imp. Reasoning Topics-SBI Clerk Mains 2021

But, before taking a look at the important topics, let us shed some light on the marking scheme of the SBI Clerk 2021 Exam to get an idea of the SBI Clerk Mains Reasoning and Computer Ability section.

SBI Clerk 2021 Syllabus for Mains Exam

SBI Clerk 2021 syllabus for mains exam is divided into four sections:

1. General/Financial Awareness
2. General English
3. Quantitative Aptitude
4. Reasoning Ability & Computer Aptitude

The question paper will ask you a total of 190 questions worth 200 marks. The total duration of the Exam is 2 hours 40 minutes.

Also read, Syllabus & Imp. English Topics-SBI Clerk Mains 2021

SBI Clerk Mains Exam Pattern 2021

Note: Each test will have separate timing. The above Exam Pattern exhibits that the reasoning and computer ability section has a maximum weightage of 50 marks where you will have to solve 50 questions in 45 minutes. Therefore, it will test your time management skill, your ability to pick the right question, your subject knowledge, and lastly, your ability to handle and solve new type/pattern questions.

Given below is the table with the topics that make up the SBI Clerk syllabus 2021 for the mains exam.

Most Important topics to cover in General/Financial Awareness Section

General/Financial Awareness Syllabus:

1.           History and Culture

2.           Geography

3.           Economics

4.           General Policy                                                                    

5.           Budget – 5 Year plans Books and Authors Awards

6.           Scientific Research Banking Awareness Financial Awareness Current Affairs Appointments

7.           Inventions & Discoveries

8.           National & International Organizations

9.           Abbreviations

10.         Important days

SBI Clerks Mains General/Financial Awareness Topic wise weightage:

Note: Prepare all the topics given in the table and practice related questions.

You may also like to know: How to Answer Reading Comprehension Answers in SBI Clerk Exam 2021?

Important Topics for SBI Clerk Mains General Awareness

GA is a crucial section of SBI Clerk 2021 because it is scoring and can decide the final merit list. So, it is important to perform well in it. In contrast to other sections, General Awareness is that corner of the SBI Clerk Main exam that can be covered easily and in less time. You need to cover the facts and statistics to easily grab a good score in it.

1. Follow & Explore the RBI website

You should follow and explore the RBI website to learn about static banking language. In addition, you can also use the internet to learn about topics like;

• Currencies
• Capitals
• Dams and rivers
• And more from the syllabus given above

2. Subscribing to a newspaper

You must subscribe to a newspaper and follow an authentic news channel and a current affairs magazine to regularly update your information regarding national and international issues.

3. Master Static questions

Static questions are made from current affairs. For instance, suppose you come across a question that reads- ‘The French President Visits India,’ the static question will be related to that information, like:

• What is the capital of France?
• Who is the President of France?

Given below are some topics you need to explore:

1. Banking GK   
2. Economics GK   
3. Funds allotted   
4. State news   
5. Appointments (Special designations of banks and Government of India)   
6. Schemes   
7. Books and Authors  
8. Awards    
9. Committees – Bank related   
10. Rankings and reports

Important Topics for Financial Awareness

While the General awareness section focuses on current affairs, Financial Awareness appears with around 4 to 5 questions in the SBI Clerk Exam. In case, you find the questions time-taking or tough, you can skip this section and just concentrate on current affairs, which will single-handedly help you in clearing the cut-off. You need to cover questions from the topics given below:

Financial/Banking Awareness Important Topics:

Financial or Banking Awareness is an important topic that can help you in cracking the General awareness section. To achieve that goal easily, you need to cover all the important topics of financial awareness given below:

1. Banking History and all the first in Banking
2. RBI structure and Functions
3. Types of Bank Accounts in India
4. Non-Performing Assets (NPA)
5. Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act
6. Risks in Banking Sector
7. Role of Banking Ombudsman in Banking Sector
8. Basel III Accord
9. Financial Markets in India
10. Transfer System in India
11. ATM in India
12. Types of Cards
13. Codes used in the Banking Sector Part 1
14. Codes used in the Banking Sector Part 2
15. Deposit Insurance and Credit Guarantee Corporation (DICGC)
16. Accounts of NRI/PIO
17. Negotiable Instruments (NI)
18. Government Securities Market in India
19. Inflation-Indexed Bonds (IIBs)
20. Non-Banking Financial Company (NBFC)
21. Foreign Investment in India
22. Remittances (Money Transfer Service Scheme (MTSS) and Rupee Drawing Arrangement (RDA)
23. Small Banks in India
24. Different Types of Money Transfer in India
25. Financial Inclusions
26. Financial Institutions (FIs) and Financial Regulators in India
27. External Commercial Borrowings (ECB) and Trade Credit
28. Rupee Denominated Bonds
29. Types of Money and Measures of Money Supply
30. Currency Circulation and Management in India- Lending Rates
31. Government Schemes related to Banking Sector
32. Nationalization of Banks in India Monetary Policy
33. Ratings of Banks
34. Marginal Cost of Funds based Lending Rate (MCLR)
35. Banking News of last 3–4 months
36. Banking Related Schemes

Given below are a few sample questions that reflect the types of questions that form the financial awareness section:

1. Name the statutory organization which regulates insurance sector in India?
2. The term for the exchange of commodities between two countries is?
3. In order to attract more foreign exchange, the Govt. of India decided to allow foreign investment in LLP firms. What is full form of “LLP” as used in this reference?
4. MTSS is used as?

The topics and questions given above give you an overview of the type of section Financial Awareness is going to be, so cover all these topics given above and prepare accordingly.

Conclusion

The SBI Clerk 2021 Main Exam will happen soon. So, it is important to make the most of the limited time and develop your winning strategy. You need to concentrate on giving Mock Tests to improve your weak areas and know your key strengths. It will also help you in building up your confidence. Make sure you are familiar with the SBI Clerk examination pattern and syllabus and leave no important topic behind and. Review previous year’s question papers to undertint the types of questions that make their way into the exam every year and practice them well with the topics mentioned in this article. Pen short and easy notes on the most important topics, so you may revisit them for a review just before the exam.

Do not forget that all four sections of the exam have a certain time limit, as mentioned in the exam pattern above, for attempting the questions. Hence, you need to ensure you have developed a habit of keeping track of your time and solving the paper with speed and accuracy in the actual exam with confidence.

In the actual exam, you should efficiently utilize your time, and accurately answer as many questions as possible and approach the paper strategically. With practice and the right mindset, you can achieve your goal.

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