Banking Awareness Important Topics
Banking has been a significant part of our lives for a very long time as this sector contribute a major part in our economy. Banking Awareness is one of the most important topics for any kind of banking exams. It plays important role for all banking aspirants not only to crack the General awareness section but also to crack the interview.
Importance of Banking Awareness
A banking aspirant is expected to have knowledge of at least the basic terms related to banking and current affairs of banking sector that is why most questions are asked from this section during interview. The weightage of Banking Awareness in the Mains examination is important because many exams like RBI & SEBI have one dedicated section for banking awareness. Moreover, this section becomes more important in the interview because, major part of the interview is based on banking awareness. So you must have aware of the basics and current affairs of banking & financial sectors irrespective of the background you have.
Here are the topics related to banking awareness, aspirants must know about these in order to crack the section as well as interview process.
- Banking system in India
- RBI structure and Functions
- Financial Inclusions
- Nationalization of Banks in India
- Small Banks in India
- Types of Bank Accounts in India
- Risks factor in Banking Sector
- Non-Performing Assets (NPA)
- Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act
- Banking Ombudsman Scheme
- Deposit Insurance and Credit Guarantee Corporation (DICGC)
- Codes used in the Banking Sector
- ATM in India
- Types of Cards
- Financial Institutions (FIs) and Financial Regulators in India
- Basel III Accord
- Financial Markets in India
- Non-Banking Financial Company (NBFC)
- Negotiable Instruments (NI) & NI Act
- Government Securities Market in India
- Foreign Investment in India
- Remittances (Money Transfer Service Scheme (MTSS) and Rupee Drawing Arrangement (RDA)
- Types of Money Transfer in India
- Schemes related to Banking Sector
- External Commercial Borrowings (ECB) and Trade Credit
- Rupee Denominated Bonds
- Types of Money and Measures of Money Supply
- Currency Circulation and Management in India- Lending Rates
- Ratings of Banks
- Marginal Cost of Funds based Lending Rate (MCLR)
- Current Banking News
See Also…
100 IMPORTANT QUESTIONS FOR BANK EXAMS
Banking & Financial Current Affairs August 2021
BANK INTERVIEW QUESTIONS AND ANSWERS