Banking and financial awareness¶
Counts for 9 exams in this list (see the overlap map). Prepare it once.
What it covers¶
- Banking structure: Types of banks (Public, Private, RRBs, Cooperative, Payment/Small Finance Banks), RBI functions, Monetary policy (Repo, Reverse Repo, CRR, SLR, MSF, Bank Rate).
- Financial systems: Payment and settlement systems (UPI, NEFT, RTGS, IMPS, AEPS), Financial inclusion schemes (PMJDY, PMMY), Basel norms, NPAs, and Credit rating agencies.
- Financial markets: Money market, Capital market, Government securities, and Inflation.
- Current awareness: Recent banking news, Union Budget, and Economic Survey.
Where it counts¶
| Family | Exams |
|---|---|
| Banking, insurance and regulators | IBPS Clerk, IBPS PO, IBPS RRB, IBPS SO, NABARD Grade A, RBI Grade B, SBI Clerk, SBI PO, SEBI Grade A |
Free resources¶
- Reserve Bank of India (financial education, reports, monetary policy): https://www.rbi.org.in
- Press Information Bureau (government schemes and policy updates): https://pib.gov.in
- Union Budget and Economic Survey: https://www.indiabudget.gov.in
How to practise¶
Read the RBI's "Financial Education" section and monitor the PIB for updates on financial inclusion schemes and monetary policy announcements.