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If you’re a government job aspirant, you must be aware of the importance of the General Awareness section. It’s a section that can make or break your chances of selection. And we’re not saying this. Countless successful aspirants have vouched by this fact in their success stories. General Awareness has 3 components: Static GK, Current Affairs and Banking Awareness. We have covered the preparation of Static GK and Current Affairs in different articles. In this article, we will be covering the preparation strategy of Banking/Financial Awareness. It is similar to Static GK in the sense that the answers of Banking Awareness questions generally don’t change.

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Strategy when answering Banking Awareness Questions

As we have already mentioned above that the answers to financial awareness questions don’t change and once you have memorized the answers to these questions, you can simply answer them. It all depends on how vastly you are able to cover the syllabus and how well do you retain the answers. Once you are inside the examination hall, you can answer these banking awareness questions quickly as either you would be knowing the answer or you wouldn’t be knowing the answer. Unlike reasoning and quantitative aptitude, you don’t have to do lengthy calculations. So, try to capitalize your time in this part of the GA section.

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Banking Awareness Syllabus

Going by the previous years’ paper of a number of banking & other government exams, we have compiled a list of topics from which the questions have been asked. There is a high probability that if you cover these topics, you will be able to answer a majority of questions in the forthcoming exams of SBI Clerk 2020 Mains, RBI Assistant 2020 Mains etc. Have a look at the below syllabus and get started with your preparation by picking 1 topic at a time.

Weekly Current Affairs- Download Free PDF

History of Banking in IndiaIndian & International Finance SystemBanking terminologiesImportant Bank & Finance Acts and bills
Banking and Financial Reforms in IndiaBanking and Financial Committees in IndiaCurrencyFinancial Institutions in India
Types of  Bank AccountsFinancial Market in IndiaInflationTypes of Mortgages
Types of Loans  Capital & Money MarketMoney Laundering & Anti-Money LaunderingInternational Financial Institutions
Functions of BanksCredit & Debit cardsGreen BankingFinancial Inclusion
Bank Credit OperationsTypes of Cheques and other financial instrumentsLIBOR & MIBORBasics of Bond and their Types & Features
Foreign Banks in IndiaSWIFT Codes for banksReverse Mortgage LoanMutual Funds
Fund Transfer ServicesTypes of Foreign AccountsCIBILBombay Stock Exchange (BSE)
Structure of Banking IndustryBharatiya Reserve Bank Note Mudran Private LimitedCash Management ServicesNational Stock Exchange (NSE)
Nationalised BanksIndian Financial SystemBanking OmbudsmanBancassurance
Non-Performing Assets (NPA)   

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There are a lot of topics to be covered in Financial Awareness and therefore revision plays a key role in its preparation. Keep revising the topics on a regular basis.

Banking/Financial Awareness- Download Free PDFs

Remaining PDFs will be uploaded shortly.

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This is all from us in this article. We hope that the above list of PDFs will be helpful in your preparation for the upcoming exams. If you have any input/feedback for us, please do not hesitate in mentioning it in the comments section below.

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1 Comment

  1. @practice mock. I am subscriber of your test series. mai practice mock ko pichhle 6 months se follow kr rhi hoon aur test series bhi deti hoon …..but i want banking and static pdf more on your site. Because some pdf related to static banking which is already present here, i read that and in idbi assistant manager and bihar state cooperative bank exam, from each pdf 1 question is asked.
    example-1) first bank which start ATM in India . 2)first novel laureate from India. 3) first woman cm in India. 4) SIP full form. 5)DIGCGC hq. 6)1st Indian woman airline pilot. 7)question related to imperial bank. 8) Israel capital. and many more. These questions are not so difficult but in your pdf only to the point pdf. so, I request you to upload more pdf like those banking and static pdf.
    thanku .

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