What are the topics of banking awareness?

What are the topics of banking awareness?

Banking Awareness Important Topics

• Banking History and all the first in Banking.
• RBI structure and Functions.
• Types of Bank Accounts in India.
• Non-Performing Assets (NPA)
• Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act.

What do you mean by banking awareness?

What is Banking Awareness? Banking awareness is a part of the general awareness section in the bank exams. It comprises questions related to the history of banks in India, the Banking Institutions, banking terms and the functions and role of the banking industry in the financial system of the country.

Which site is best for banking awareness?

Website 2: Bank PO ORG

The best part is that it specializes only for the bank exams. It contains adequate information on current affairs, general knowledge, vacancies and jobs, and also useful articles on cut-off marks, syllabi, question paper analysis and even interview preparation.

How can I study general awareness for bank exams?

How to Prepare General Awareness for Bank Mains Exam 2021

1. Cover All Important Topics. Current Affairs. Banking Awareness. General Knowledge.
2. Prepare For General Awareness Section. Read Newspapers. Practice with Mock and GA Quizzes. Previous Year’s Papers. Current Affairs Capsule.

What is difference between financial awareness and banking awareness?

Financial Awareness includes Money Market, Financial News, and Trade-related matters, whereas Banking Awareness includes schemes of various banks, RBI circulars, Rules and Regulations set by RBI and banking-related matters.

What are the Basel norms?

The Basel norms is an effort to coordinate banking regulations across the globe, with the goal of strengthening the international banking system. It is the set of the agreement by the Basel committee of Banking Supervision which focuses on the risks to banks and the financial system.

What is today’s repo rate?

5.40 per cent
Accordingly, the MPC decided to increase the policy repo rate by 50 basis points to 5.40 per cent.

How many types of accounts are there in a bank?

There are generally two types of bank accounts: current accounts and savings accounts.

What is best source for General Awareness?

GKToday is India’s top website for GK (General Knowledge), General Studies, Current Affairs and Aptitude for UPSC, SSC, Banking / IBPS, IAS, NTSE, CLAT, Railways, NDA, CDS, Judiciary, UPPSC, RPSC, GPSC, MPSC, MPPSC and other states civil services / government job recruitment examinations of India.

How do I start General Awareness?

Prepare notes to study General Knowledge: For current affairs and GK preparation, writing is the best way.
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The important topics covered under GK are:

1. Physical Geography.
2. Indian and World Geography.
3. Indian and World History.
4. International Organizations.
5. Everyday Science.
6. Awards and Honors.
7. Indian Economy.
8. Indian Polity.

What is General Awareness syllabus?

General Awareness Syllabus (General Knowledge Syllabus) for All Competitive Exams: General Knowledge or General Awareness is an important and common section in all competitive and government recruitment examinations.

What is history of banking?

Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791.

What are the 3 pillars of Basel 3?

The three pillars of Basel III are market discipline, Supervisory review Process, minimum capital requirement. Basel III framework deals with market liquidity risk, stress testing, and capital adequacy in banks.

What is NPA and types of NPA?

NPA or Non Performing Asset is those kinds of loans or advances that are in default or in arrears. In other words, these are those kinds of loans wherein principal or interest amounts are late or have not been paid.

What is SLR and CRR rate?

CRR is a reserve maintained by banks with the RBI. It is a percentage of the banks’ deposits maintained in cash form. SLR is an obligatory reserve that commercial banks must maintain themselves. It is a percentage of commercial banks’ net demand and time liabilities, maintained as approved securities.

What is current CRR ratio?

The current CRR Rate is 4.50%

What are the 4 types of deposits?

Types of Deposits

• Savings Bank Account.
• Current Deposit Account.
• Fixed Deposit Account.
• Recurring Deposit Account.

What are the 3 types of deposits?

Within this category, there are three main types of demand deposits: (1) checking accounts, (2) savings accounts, and (3) money market accounts (we will go into these in more detail later). Time deposits: Whenever a bank deposit comes with a fixed rate and term, it’s considered a time deposit.

Who was the father of GK?

List of Famous Fathers of the World:

What are questions for General Awareness?

General Awareness questions with answers

• Which one Bank is not one of the three Banks that will be merged to form the third largest Bank in India?
• The 2019 Pravasi Bhartiya Divas will be held on which city.
• What is the name of the India’s longest suspension bridge built in Leh by Indian Army?

How many types of general awareness are there?

In this general knowledge, Static General Knowledge is divided into three main categories as Basic GK, India GK, World GK and those are presented with numerous Subtopic wise manners for your easy understanding.

What is difference between GS and GK?

GK- general knowledge. The minimum knowledge a person is supposed to have for living and operating. GS- general studies. Awareness about the subjects taught and learned in studies period.

Who is the father of banking?

Maidavolu Narasimham
Maidavolu Narasimham (3 June 1927 – 20 April 2021) was an Indian banker who served as the thirteenth governor of the Reserve Bank of India (RBI) from 2 May 1977 to 30 November 1977. For his contributions to the banking and financial sector in India, he is often referred to as the father of banking reforms in India.

What is types of banking?

Types of Banking

• Branch Banking.
• Unit Banking.
• Mixed Banking.
• Chain Banking.
• Retail Banking.
• Wholesale Banking.
• Relationship Banking.
• Correspondent Banking.

What are 4 types of operational risk?

There are five categories of operational risk: people risk, process risk, systems risk, external events risk, and legal and compliance risk.