Banking awareness is an important part of competitive exams conducted by banking institutions like IBPS, RBI, SBI, SEBI, and other financial organizations. It tests a candidate’s knowledge of banking terms, financial concepts, and economic trends. This article covers the banking awareness section for al bank exams. Staying updated with the latest banking news, policies, and regulatory changes is highly important for this section.
Understanding Banking Awareness
Banking awareness covers topics like the history of banking, types of banks, financial institutions, regulations, policies, current rates, banking technology, digital innovations, financial markets, and monetary policies. Candidates should stay updated with current affairs, understand key concepts, and improve their banking knowledge to score well.
Banking Awareness Syllabus
We are helping all the aspirants with the best and most updated study material related to banking awareness to ensure that you only study from the relevant source, not the outdated one. These articles will be helpful for you to crack different exams like IBPS PO, Clerk, RRB, SBI Clerk, and SBI PO Examinations. Here is the Banking Awareness Syllabus which is useful for all sorts of examinations related to the banking sector. Candidates can get a systematic and topic-wise understanding of the Banking Awareness section by going through the detailed syllabus.
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Banking History and all the first in Banking
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RBI Structure and Functions
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Types of Bank Accounts in India
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Non-Performing Assets (NPA)
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SARFAESI Act
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Deposit Insurance and Credit Guarantee Corporation (DICGC)
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ATMs in India
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Types of Cards
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Negotiable Instruments (NI)
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Different Types of Money Transfers in India
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Marginal Cost of Funds based Lending Rate (MCLR)
- Risks in Banking Sector
Importance of Banking Awareness Syllabus
Banking awareness is an important part of the Mains exam, as exams like RBI and SEBI have a separate section for it. It is also very useful for interviews because most questions are related to banking. No matter what your background is, you must prepare well for this section. A strong understanding of banking concepts helps you feel more confident and improves your performance in both the written exam and the interview. Good banking knowledge also makes it easier to answer questions quickly and correctly. This section is crucial for every banking aspirant who wants to succeed in exams and interviews.
Banking Awareness 2025 For All Bank Exams
Banking Awareness comprises of questions related to the histories of Banking Institutions, Banks in India, and Banking organizations. This section aims to evaluate candidates’ knowledge about the functionalities and terms of the banking industry, which plays a crucial role in sustaining the nation’s economy. In banking exams this section is often very scoring provided the candidates have clarity of topic and concepts. Here in this article, we have covered all the information on Banking Awareness 2025 For IBPS, RBI, SBI, & All Other Bank Exams.
What is the importance of Banking Awareness?
Banking awareness is an important part of bank exams, as it tests a candidate’s knowledge of the banking sector and their ability to answer related questions. It also helps bankers provide better customer service, make smart financial decisions, and support the banking system’s growth and stability.
This section is usually easier to score in compared to others. Candidates who have a good understanding of banking awareness can perform well in this part. Unlike sections that involve tough calculations, banking awareness questions are mostly fact-based and straightforward. Staying updated with the latest banking news can help boost scores and improve the chances of success. Since it does not require complex problem-solving, mastering this section is essential for those aiming to excel in bank exams.
National and International Banking Organizations
Indian and international banking organizations are important for the global financial system, offering various services and supporting economic growth. Many national and international banking bodies operate worldwide. Candidates preparing for banking exams in India should focus on Indian organizations, their structures, and related current affairs. Here is some key information on Indian and international banking organizations that every candidate should know.
Types Of Banks In India
India’s banking sector is vast and constantly evolving, serving individuals, businesses, and the overall economy. It includes different types of banks, each with a specific role. These banks are the foundation of India’s financial system, offering important services and supporting economic growth. From large public sector banks to private, foreign, and specialized banks, the Indian banking system has a wide range of institutions to meet the country’s financial needs. Let’s look at the different types of banks in India and their role in the nation’s financial growth.
Types of Banks in India | |
1 | Nationalized Banks |
2 | Central Bank |
3 | Public Sector Banks |
4 | Private Sector Banks |
5 | Export Credit Guarantee Corporation of India Ltd. |
6 | Commercial Banks |
7 | Exim Bank of India |
8 | Co-operative banks |
9 | Payment Banks |
10 | Small Finance Banks |
11 | Regional Rural Banks |
General Awareness For Bank Exams
Banking General Awareness is highly prioritized by several bank exams in India. Acquiring General Awareness means grasping sound knowledge about national and international static features. However, the candidate should also stay alert about current events happening around the globe and the dynamic shift of the banking sectors. Here we are listing out some crucial topics related to the General Awareness portion of Banking exams.
- National Parks are present in India.
- Wildlife Sanctuaries present in India.
- Important dates, and timings.
- ICC World Cup winners.
- Books and authors.
- Insights about state and capital.
- Capital, country and currency.
- Dams are present in India.
- Neighboring countries of India.
- Stadiums.
- Dance and art forms of India.
- Cabinet Ministries.
- Government Schemes.
- List of Governors.
Tips for Banking Awareness Preparation
We must admit that banking exams are challenging to crack. Following strong preparation tips for banking awareness can improve your understanding of this vast and respected sector. When it comes to Banking Awareness, the syllabus is broad. Candidates should stick to their preparation plan and dedicate quality time to this section. Here are some useful Tips for Banking Awareness Preparation to help you achieve a great score in this section of the banking exams.
Prefer the important books
The banking exam syllabus has changed a lot over time. Check the latest updates before you start studying. Choose good books from trusted authors. The books should use simple language for easy understanding.
Revision should be in your preparation list
The candidates need to check the syllabus every day and accordingly maintain a revision time for all the portions they have completed. Through revision, they will remain highly acquainted with the concepts.
Solve PYQs
If you are an aspirant for banking exams, you must seek for the previous year’s questions. This will give you clarity about the exam pattern and which topics need your extra attention.
Rely on your notes
Whenever you start preparing for the banking awareness section make sure to write all the crucial points on your notes. This will keep you updated about the questions and their solutions.
Current affairs can help
Follow up with the Current Affairs to grasp detailed and authentic knowledge about all the banking organizations, institutions and terms.