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Banking Awareness for SBI PO 2017 MAINS

Banking Awareness for SBI PO: SBI PO Banking Awareness topic in Free PDF Capsule and Preparation Tips & Questions with answer.

Banking Awareness for SBI PO

Mission SBI PO 2017 is in the air! Students are busy preparing for the exam and are filled with enthusiasm to clear the exam. For an effective SBI PO preparation, students need to make a study plan as per the SBI PO exam pattern and syllabus. But, students need to make sure that they give genuine attention to all subjects. Banking Awareness for SBI PO  is one of the vital sections asked in bank PO exams. So, in this article, we will provide details of Banking Awareness for SBI PO exam along with preparation tips. At the end of the article, we also provide you banking awareness PDF which will help you prepare diverse topics in one file.

Important topics for banking awareness for SBI PO-

To prepare for Banking Awareness for SBI PO 2017, students need to prepare all the important topics banking awareness for SBI PO. Let us take a look at few of the important topics asked in Banking Awareness:

Facts about GST:

GST or Goods and Services Tax refers to a value added tax which will act as a replacement for the indirect taxes imposed by the Govt. (both central and state) on goods and services. The GST bill is otherwise known as ‘The Constitution Bill (122ndAmendment)’.

RBI- The Banker’s Bank:

Reserve Bank of India (RBI) is popular as the Banker’s Bank. Like every other organization, banks also require their own mechanism to take care of transactions, transfer of funds and settle. This role is played by RBI.

Internet Banking- Banking is a click away:

Internet has made things much easier for banks now. Internet Banking is the latest trend these and people mostly use internet for all types of banking services. As far as the convenience factor is considered, internet banking is a blessing.

Negotiable Instruments Acts:

The Negotiable Instruments Act 1881 is a lengthy act which contains 17 chapters and 142 sections. The act deals with – promissory notes, bill of exchange and cheques

Some of the important topics every SBI PO aspirant must prepare for SBI PO 2017 exam are:

  1. History of Banking in India
  2. Organizations
  3. Terms and concepts related to Economic/ Financial Acts, Committees & Legislation
  4. Reserve Bank Of India (RBI)- Role in Indian banking system
  5. NPA and SARFAESI
  6. Foreign Exchange Reserves of India
  7. Accounts- types and interest rates
  8. Non-Banking Financial companies
  9. Taglines of different banks and corresponding headquarters.
  10. BASEL norms
  11. Markets and types
  12. Banking and money instruments
  13. Abbreviations related to Banking
  14. Schemes and policies introduced by government

Banking Awareness Preparation Tips for SBI PO 2017:

It’s execution time! Let us now head towards the tips and tricks for preparation of banking awareness for SBI PO 2017:
  • Read Newspapers on daily basis. This habit will help you stay updated with the national and international current affairs.
  • Go through Banking Awareness for SBI PO PDF and prepare for all the possible topics which can be asked in the exam.
  • Prepare different questions related to Banking Awareness which will maximize your chances of scoring high in this exam.
  • Prepare quick notes and keep looking at it on regular intervals. Quick notes will help you with instant revision of what you have read.
  • Be aware of all the national and international events which have taken place since last 6 months. Usually, the examiners will ask you questions from what has happened in the last 6 months.
  • Subscribe for monthly newsletters and magazine for current affairs and read them.
  • Go through Banking Awareness for SBI PO PDF Capsule to prepare number of topics on banking awareness at one go.

We hope that this article on Banking Awareness helps to score well in SBI PO 2017. All the best!
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