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Banking Awareness

Important of Banking awareness

Banking awareness is an important part of the preparation of banking aspirants. So competitors first attempt to cover all the syllabus topics of banking awareness. Likewise, the SBI clerk’s mains test may come at any point in the near future. Additionally, SBI PO 2020 Notification likewise expected soon by the applicants. So up-and-comers have a test on the most proficient method to get ready banking awareness for SBI PO, IBPS Clerk, SBI clerk, and other forthcoming tests. Here some banking awareness arrangement tips are accessible for you.

Syllabus of Banking Awareness for Competitive Exams

  • Banking History and all the first in Banking
    RBI structure and Function
    Currency Circulation and Management in India- Lending Rates
    Nationalization 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)
    Accounts of NRI/PIO
    Codes used in Banking Sector
    Transfer System in India
    ATM in India
    Types of Cards
    Risks in Banking Sector
    Role of Banking Ombudsman in Banking Sector
    Basel III Accord
    Banking Related Schemes
    Types of Money and Measures of Money Supply
    Financial Markets in India
    Negotiable Instruments (NI)
    Government Securities Market in India
    Inflation Indexed Bonds (IIBs)
    Financial Institutions (FIs) and Financial Regulators in India
    Non-Banking Financial Company (NBFC)
    Ratings of Banks
    Foreign Investment in India
    External Commercial Borrowings (ECB) and Trade Credits
    Rupee Denominated Bonds
    Remittances (Money Transfer Service Scheme (MTSS) and Rupee Drawing Arrangement (RDA)

Important of Banking Awareness For Competitive Exams

The banking sector is the backbone of the development of Indian Economy. Banks structure a significant scaffold between those who are well off and the have not’s. Thus it is very evident that to turn into an administration representative, one must have solid comprehension and mindfulness about the general financial situation of India. Banking Awareness assumes an imperative job while planning for Bank PO tests, for example, IBPS Clerk, IBPS PO, SBI Clerk, SBI PO, and a lot more tests. You are evaluated based on your insight about Current Affairs, Important Banking Terms, and Indian Banking and Financial Policies.

To help you in preparation for Banking Awareness, DreamBigInstitution.com has launched Banking Awareness Weekly Capsule. These capsules are prepared by our experts by curating and crunching the news into test benevolent notes. These convenient notes will be useful in anticipation of Bank PO tests as well as any aggressive test