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Banking Awareness For All Bank Exams: Bank Awareness Notes & Study Material

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1st June 2021, Banking Awareness For All Bank Exams: Candidates who are preparing for the banking examinations must be well aware of the banking awareness section. It is said to be one of the most important sections of banking exams and helps in increasing those extra marks which you require for your final selection. Banking awareness questions are asked both in the mains examination and interview round. In this article, we are here with the complete study notes and study material of the Banking Awareness for all the bank examinations.

If you are a banking aspirant who is well-versed with the basic banking terms then you can crack any banking interview as the majority of the questions are asked from that section. There are several banking exams in which banking awareness is a dedicated section.  We are also sharing the Important Banking Awareness Quizzes as well. This will enhance and update your knowledge for this section. Make sure you visit this page daily, as we are providing each content related to Banking Awareness for SBI, IBPS & RBI 2021 Exams.

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study material related to banking awareness to make sure that you only study from the relevant source and not from the outdated source.These articles will be helpful for you to crack different exams like IBPS PO, Clerk, RRB, SBI Bank Clerical, and PO 2021 Examinations.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.

Previous Year Memory Based Paper for General Awareness

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 are 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.