Banking Awareness For All Bank Exams: SBI, IBPS, RBI 2021 Exams

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Banking Awareness For All Bank Exams: Banking Awareness is an important section for candidates preparing for banking and insurance exams. It is a vast topic so candidates remain confused about its preparation and the important topics to cover. The weightage of Banking Awareness is in both the mains exam as well as in Interview round. The section of Banking Awareness acts as a score booster and in some cases, the dream of many candidates to become a banker gets shattered due to the banking awareness section as either they are very overconfident that they will cover the banking awareness in one go or they take it very lightly. In this post, we have provided the list of topics for the upcoming examinations.

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Banking Awareness Important Topics

Banking Awareness is an important topic that will be helpful to all banking aspirants not only in cracking the General awareness section but also in cracking your interview. A banking aspirant is expected to have at least the basic terms related to banking and that is why most of the questions asked in the interview are related to banking awareness terms. We are helping all the aspirants with the best and updated study material related to banking awareness to make sure that you only study from the relevant source and not from the outdated source. These articles will be helpful for you to crack different exams like IBPS PO, Clerk, RRB, SBI Clerk, and PO 2022 Examinations.

Importance of Banking Awareness

The weightage of Banking Awareness in the Mains examination is important because there are many exams in which there is one dedicated section for banking awareness like RBI & SEBI etc. This section is more useful for you in the interview because the whole interview is based on banking awareness. So make sure that you are well-versed in this topic. No matter from which background you are, there is no excuse for a banking aspirant to escape this section.

Topic-wise Banking Awareness Post

Banking Awareness Questions

FAQS Related to Banking Awareness Preparation

Q 1. What is the best book for Banking Awareness?
Ans. The best book for Banking awareness is Adda247 Ace Banking Awareness & Static Awareness.

Q 2. How to prepare for Banking Awareness?
Ans. Banking awareness must be prepared from update-source as well as the RBI Official website so that you know the latest facts and figures.

Q 3. Is Banking Awareness and Financial Awareness different?
Ans. Ideally, they are different but we study financial awareness as a part of banking from our exam point of view.

Q 4. What are the important topics of Banking Awareness?
Ans. Banking History and all the first in Banking, RBI structure and Function, Currency Circulation and Management in India- Lending Rates, Nationalisation of Banks in India, Monetary Policy, Types of Bank Accounts in India, Financial Inclusions, Marginal Cost of Funds based Lending Rate (MCLR), Non-Performing Assets (NPA), Securitization and Reconstruction of Financial Assets and Enforcement of, Security Interest (SARFAESI) Act, Deposit Insurance and Credit Guarantee Corporation (DICGC)

Q 5. How many questions are asked from Banking Awareness?
Ans. Approximately 5-6 questions are asked.