Odisha High Court ASO 2021: General Knowledge Preparation Tips

 The High Court of Odisha, Cuttack will be conducting an exam for the post of assistant section officer (ASO) in group B in the High Court‘s establishment this year. Odisha High Court has opened 202 vacant posts for the same. Candidates who haven’t applied yet for this post can apply before 20 March 2021. Aspirants must know that this recruitment will be in four stages: preliminary examination, written examination, computer application test, and viva. General knowledge/general awareness plays a very important role in these stages as it carries a good weightage of marks. Candidates must know the best preparation strategy to score maximum in the general knowledge section. In this article, we will be discussing those preparation tips for the general knowledge section of Odisha High Court ASO Exam 2021. 

General Knowledge Preparation Tips

Candidates must know that in the preliminary test of 150 marks the general knowledge section carries some weightage of marks too. The candidates need to put equal and efficient efforts to prepare for the general knowledge section. Let us look at some tips that the candidates can follow to increase their chances of scoring maximum marks in the general knowledge section.

1.Don’t Miss any topic: General knowledge is a single term that carries branches of topics. The candidates need to cover all those topics like static awareness and current affairs. Let us look at some important topics which the candidates must cover while preparing for the general knowledge section:

Current Affairs

• National Current Affairs
• International Current Affairs
• The person in News/ Awards
• Economy Current Affairs
• Important organisations : SEBI, RBI
• Credit rating Agencies: National & International
• FDI limits in different sectors
• Schemes launched by governments related to banking and finance
• Export and Import Items
• RBI Monetary Policy Review
• Announcements made by RBI and other banks
• Business News: Mergers Acquisitions and Buyouts.

Static awareness

• Economic/ Financial terms & concepts: GDP; GNP; PPP; HDI; Inflation; WPI; CPI; IIP; SLR; CRR; Repo rate; Reverse Repo; Bank rate; Mutual Funds, Open Market Operations; Money supply
• Foreign Exchange reserves of India.
• Different kind of accounts and corresponding interest rates
• Non-Banking Financial companies: Definition, Difference from the bank, etc.
• NPA and SARFAESI
• Acts, Committees & legislation: Budget 2016, Railway Budget 2016; Companies Bill 2013
• Banking services: Assets, liabilities, and working capital of a bank; NEFT; RTGS; Banking Correspondence agents; Bancassurance; Pradhan Mantri
• Jan Dhan Yojana
• BASEL norms
• Financial Inclusion and various initiatives for it.
• Types of Markets, Money, and banking instruments
• Reverse Mortgage Loans.
• Priority Sector Lending.
• Banking Abbreviations, terms, and concepts.
• Headquarters of Banks
• History of Banking in India: Which was the first bank to be set up in Madras province etc. Nationalization of Banks.
• Organizations: RBI; NABARD; Planning Commission; 5-year plans; Finance Commission; World Bank
• Reserve Bank of India’s role in the Indian banking system.

2. Read newspapers daily: A basic way to upgrade your general knowledge is by reading daily newspapers that will have all the important information regarding the ongoing news, international and national events/news which the candidates must know the score maximum marks in the general knowledge section. Reading the newspapers will enhance and upgrade the general knowledge of the candidates as well as their awareness regarding current affairs.

3.Attempt GK quizzes: If the candidates wish to study the General Knowledge section and practice it without consuming much time, the best option is to attend GK quizzes. Candidates can attend these quizzes in a short time and also gain some knowledge regarding some new  General knowledge topics.

4.Attempt mock tests: The candidates need to prepare for the general awareness section by attempting mock tests to get an overview of the examination and to get familiar with the types of questions that might appear in the general knowledge section. This will also make the candidates have a look at some frequently asked questions from the general knowledge section.

5. Study from GK capsule: Candidates can study from the Bankers Adda GK capsule to improve their general knowledge and to learn about different topics. Bankers Adda offers a monthly current affairs capsule of each month to help candidates revise the monthly general awareness.