The development of the Indian economy is supported by the banking industry. Banks are an essential link between the wealthy and the less fortunate.
Hence it is quite obvious that to become a government employee, one has to have a strong understanding and awareness about the overall banking scenario of India. Many students fear the General Awareness section and have a preconceived notion that it is a tough section. Although, General Awareness is considered a very scoring and easy subject in banking exams if one prepares it on a daily basis.
To guide you through the preparation process for Banking exams General Awareness section, here is a well-planned strategy
Guidance from Toppers!
You are assessed on the basis of your knowledge about Current Affairs, Important Banking Terms, and Indian Banking & Financial Policies.
Banking Awareness plays a vital role while preparing for Bank PO exams such as IBPS Clerk, IBPS PO, SBI Clerk, SBI PO, and many more exams.
General knowledge/ Banking awareness/ Financial awareness is a very essential part of mains level banking as
Previous year trends show that 50-60% of the questions come from Current affairs, 20% of the questions come from the Financial Awareness segment and rest of it is from Static GK.
1. One should have a strong base regarding the banking terminologies and several other aspects of the banking sector
2. Banking awareness not only helps you in the mains level exam, it will also benefit in the interview portion as well as most of the questions asked by assessees are about the current and banking awareness topics.
3. The following topics of banking sector should be covered by an individual
Students often start the preparation of this section after the Prelims level exams and since there are so many facts and figures, they are unable to retain it fully till the exams
Therefore, an aspirant should start the preparation of these topics with Prelim level exam preparation.
Being consistent with reading will enhance your reading as well as your GK.
Following the above steps, you can retain 100% of the information you’ve read.
So as to test your General knowledge/ Financial awareness, take sectional tests or mock tests.
Through previous year's questions, you will be able to recognise the pattern of questions.
You can practice your Mock test from the EduRev platform with a time limit.
EduRev automatically analyzes your exam based on your speed and accuracy.
Check out the sectional strategies here:
Syllabus and Strategy for English Language
Syllabus of Quantitative ability and strategy
Syllabus of Reasoning and Strategy
Syllabus of Computer awareness and strategy
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1. What is the importance of General Awareness in bank exams? | ![]() |
2. How can newspapers help in preparing for General Awareness? | ![]() |
3. What should be included in the Banking Awareness section of exam preparation? | ![]() |
4. How can daily consumption of information lead to better retention for exams? | ![]() |
5. Why should candidates start with sectional mocks and previous year questions (PYQs) for preparation? | ![]() |