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Banking Awareness For All Bank Exams

| Updated On May 25th, 2020 at 11:12 am

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 have tried to cater to 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study material related to banking awareness to make sure that you only study from the relevant source and not from the outdated source. We are also bringing all important banking awareness questions on this page as a section. All the latest figures and facts are provided in these series of articles on banking awareness covering almost all the terms currently in news. These articles will be helpful for you to crack different exams like IBPS PO, Clerk, RRB, SBI Bank Clerical, and PO Examinations.

Banking Awareness Important Topics:

Importance of Banking Awareness

The weightage of banking awareness in mains examination 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-verse 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

  • IBPS Clerk Mains 2020 -General Awareness Questions Asked In The Exam
  • SBI Clerk Mains 2016: Memory Based Paper – General Awareness
  • SBI Clerk Mains 2019 GA Questions Asked
  • IBPS Clerk Mains GA Questions 2019
  • GA Questions asked in SBI PO Main 2019 Exam
  • IBPS RRB PO
  • Frequently Asked Questions: Banking Awareness 2020

    Q. What is the best book for Banking Awareness?
    Ans. The best book for Banking awareness is Adda247 Banking Awareness

    Q. How to prepare for Banking Awareness?
    Ans. Banking awareness must be prepare from update-source so that you know the latest facts and figures.

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

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

    Banking Awareness Topicwise post

    Banking Awareness: Types Of ATM In India

    In our daily life, ATM has become an indispensable part. We don't prefer to carry a lot of cash as it is difficult and...

    RBI Slashed Repo rate: Impact Of RBI’s Decision To Slash Repo Rate

    In the recently held press conference, RBI Governor Shaktikanta Das announced that the Monetary Policy Committee (MPC) has slashed its key policy rates in...

    MSME Full Form – MSME New Definition, MSME Loan Eligibility, MSME Types

    MSME full form is Micro, Small, and Medium Enterprises and they are governed by the Ministry of MSME. This is the branch of the...

    Remittances (Money Transfer Service Scheme (MTSS) and Rupee Drawing Arrangement (RDA)

    Remittances is a channel which act as a source of income for a family  and national income and also are one of the largest...

    Different Types of Bank Accounts with Interest Rates in India

    Banking institutions provide different different types of bank accounts in India according to the needs of the customer. These accounts have different interest rates,...

    Banking Awareness Questions

    Banking Awareness Quiz for Bank Exam: 28-May-2020

    The Banking Awareness section constitutes a major part of a competitive examination and needs your undivided attention. With the increased competition in the field...

    Banking Awareness Quiz for Bank Exam: 25-May-2020

    The Banking Awareness section constitutes a major part of a competitive examination and needs your undivided attention. With the increased competition in the field...

    Banking Awareness Quiz for Bank Exam: 21-May-2020

    The Banking Awareness section constitutes a major part of a competitive examination and needs your undivided attention. With the increased competition in the field...

    Banking Awareness Quiz for Bank Exam: 18-May-2020

    The Banking Awareness section constitutes a major part of a competitive examination and needs your undivided attention. With the increased competition in the field...

    Banking Awareness Quiz for Bank Exam – (14 May 2020)

    The Banking Awareness section constitutes a major part of a competitive examination and needs your undivided attention. With the increased competition in the field...
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