Home » Preparation Strategy to Score High Marks in General Awareness Section – Especially for IBPS PO/Clerk 2019

Preparation Strategy to Score High Marks in General Awareness Section – Especially for IBPS PO/Clerk 2019

By admin - Oct 09 2019

Preparation Strategy to Score High Marks in General Awareness Section – Especially for SBI & IBPS Mains 2019:

Dear Readers, at the present time every Banking Exam’s getting tough, so in Reasoning, Quantitative Aptitude and English hardly we can attempt only 50 to 60% of questions. In this place, General Knowledge plays an important role if you prepare sincerely will get around 80-90% of marks easily in General Awareness Section. This will help you to increase the score and it will become an important pillar for the final selection.

The first step in Preparation Strategy of GA is to be clear about, what all the topics to be covered and what must be ignored. Extensive preparation of GA at the last minute might lead you to be perplexed. So you need, focused and efficient preparation, that doesn’t waste your time and at the same way gives maximum returns on the effort you put in.

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GA section can be divided into three parts,

Banking Awareness
Current Affairs
Static GK

Banking Awareness:

Nowadays a lot of questions come from Banking Awareness part, the aspirants who are preparing for IBPS Exam must study the following part other than traditional Banking Awareness like,

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Important Banking Awareness Topics are:

History of Banking
The Reserve Bank of India
Functions of RBI
Monetary Policy (Quantitative and Qualitative Tools )
Nationalization of Banks
Important Banking Institutions (NABARD, SIDBI, ECGC, etc)
Credit Rating Agencies in India
Types of Accounts, Deposits
Types of banking and money instruments
NBFC
Capital and Money Market
KYC
Types of Payments and Money Transfer (UPI, ATM, USSD.,)
BASEL Norms
Priority Sector Lending
Types of Risks
Types of Inflation
Financial Inclusion Schemes
Small Finance and Payment Banks
Foreign Exchange Reserves
Headquarters and Tag lines
FDI
Banking Abbreviations
Appointments in various Financial Institutions (Both National and International)
New technologies introduced in Banking
New schemes related to Banking
Monetary Policy
NPA, PCA
Committee’s in News
Current affairs related to Banking
Indian and World Economy
Financial terms and concepts
People and Bank in News
Loans sanctioned by various International Financial Institutions

Currently the trend among the questions seems to predominantly test a candidate’s General Awareness about major happenings. So make sure that instead of venturing into academic or deep conceptual aspects of financial affairs, you focus more on crucial details from what you read.

Current Affairs:

Around 15- 20 questions come out from the current affairs section. By and large, you should cover at least 4-5 month current affairs (Preparing 6 months is best), studying only three months is not enough for these days. And these 4-5 months current affairs must be finished and revised up to a week before the exam. The following topics are most important when preparing current affairs,

Agreements and MoU’s
Summits and its theme
Business Deals and Acquisitions
Government Schemes
Important Dates especially themes related to these dates ( 1 or 2 questions )
Persons in News
Awards
Sports ( study both winner and runner, the venue the sports meet held, persons related to the particular sports )
National and International news
India’s rank in different indexes
Books and Author
Obituaries ( If the person related to politics means study his/ her constituency, related to science means study his/her specialized area and any award which he got )
Money allocated for various projects
Defense news ( news regarding ISRO, NASA, ESA, JAXA, RosCosmos, CNSA, satellites launched by ISRO, missiles launched, Exercises)
Appointments

Whenever you come across a news item that falls under these domains, make sure that you read it in and out.

Static Gk:

Static GK section is the vast one compare to the other two parts, in recent times the questions not only comes from Indian static part but also world static. So when preparing this section one must include Foreign Banks and its Headquarters, Famous Stadiums in World and then the other remaining traditional Static GK parts like country, currency and capital, wildlife sanctuary, Airports, Temples etc.,

Important Static GK Topics are: