IBPS General Awareness: Easy to Follow Preparation Tips
Institute of Banking Personnel Selection also known as IBPS, was initiated, in order to recruitment the best of candidates for the various public sector banks across India. Before 2012, interested candidates wrote multiple exams conducted by each bank for job vacancies. Then, the Recruitment process got changed. Presently, five exams are conducted every year by IBPS. There are two exams for probationary officers, two for clerical levels and one for specialist officers (agricultural, law, technical).
It was estimated that over 30 lakh candidates appeared for the exam, in 2012, when the joint recruitment process into banks, had initiates. But can you guess, how many made it? About 5 lakh candidates cleared the exam. Since then, there has been no turning back. And the competition has only increased by then.
The IBPS Probationary officer Exam is conducted in 2 tiers- Prelims and Mains. Prelims was conducted in October while Mains exam is scheduled in December. Questions are asked from 5 sections namely Quant, English, Reasoning, General Awareness and Computer Knowledge
There would be 200 questions in total; 45 for Reasoning and Computer Aptitude, 35 for English Language and 35 for Data Analysis and Interpretation.
The IBPS general awareness section with special reference to Banking, consists of 40 questions, to be covered within 35 minutes. So you can see time is of the essence here. As you need to allocate time for other sections as well.
What to Expect for IBPS General Awareness?
Firstly, if you want to prepare well, you should know what’s going to come. Yes, a good idea of the possible topics. Below we have given list of some of the probable topics or syllabus for IBPS general awareness questions.
National Current Affairs especially with reference to Banking industry, International Current Affairs, Sports, Science, Technology, Space & Defense Current Affairs, Economic Current Affairs, News and Awards, Books and their Authors
Banking Terms, Knowledge about Asian games, Cabinet Ministers, Union budget, Railway budget, Taxes, Rivers and Dams, RBI Functions, Fiscal-Monetary Policies, Countries & and their Currencies, Indian Constitution Questions, Awards and Honors, Agriculture, History of Banking etc. are some of the major topics, on which general awareness questions are usually based on.
Also you would be at the edge, when you know the weightage assigned to the questions of various topics. About 13-15 questions are for financial banking and awareness, 7-10 for current affairs and 5-10 Qs for general knowledge or static awareness.
Next, we are providing topic wise reminders that ought to be definitely devised, specifically, for the IBPS general awareness section.
Under awards, you want to cover some of the famous prizes and recognitions such as Wimbledon, Pulitzer, Grammy Awards, Nobel Prize winners, Oscar awards, Padma Awards, Padma Shri and Magsaysay Awards.
Under important organization names, you should cover RBI, NABARD, Planning Commission’s, Five Year Plans, Finance Commission, World Bank etc.
Under relevant economic and financial terms and concepts, the following needs to be looked into: GDP, GNP, PPP, HDI, Inflation, WPI,CPI, SLR, CRR, Repo rate;l, Reverse Repo, Bank rate, Mutual Funds,
Foreign Exchange reserves of India.
Next, under surveys and budgets, you should look at latest Budgets, Economic Surveys and Railway Budgets.
And under banking services, the following topics such as Assets, liabilities and working capital of a bank, NEFT and RTGS, BASEL norms, Financial Inclusion, Types of Markets and Banking Instruments, Reverse Mortgage Loans, Priority Sector Lending, Headquarters of various PSU’s,nationalized and private banks etc. needs to be looked at a priority basis.
Basic Preparation Tips for IBPS General Awareness Questions
Now, knowing the topics alone doesn’t solve the purpose. So, let’s go a bit deeper, on how one can prepare easily, and crack the IBPS general awareness questions. Basically, it is just a matter of achieving the right balance, while attempting the questions in this section. And your priority is to score the cutoff for IBPS general awareness.
- Understanding those frequently asked questions is one foolproof way to crack your IBPS general awareness section. You may ask those who have qualified this exam, in the past. You know what they would say? Always, go through the previous years questions, and that too, about 10 of them. Yes, that would cover pretty much, and you get an idea of the questions , that occur consistently! These can be found online at ease.
- Practice with Daily quizzes as much as you can. You can get a basic idea of how much you know and gain confidence to improve on your weaker areas. And online quizzes are plenty in abundance.
- Next, taking number of Mock tests with time restrictions, that are bound with time restrictions, is good use of your spare time, right before the main exams. You get to test your speed and efficiency! Because Time plays a crucial role in your success at gaining the cut off score for IBPS general awareness section. So, try to devise your own marking allocation, where you devote specified time to other sections as well.
- Useful Websites, Blogs, Newspapers and Apps.
Going further, get a few trusted online sources of study materials and exam notes. In this age of technology, it will be more easier with online notes, as you just need your computer, laptop or mobile. And, there are various study apps as well, for multiple competitive exams. We provide you, with four best online websites, that will guide you in your IBPS general awareness preparations.
This website is user friendly and provides tons of study materials related to major competitive exams. What’s more is that they have an app of the same name, available for download on Google Play Store. Short capsules, study notes, instant quizzes, important news bulletins, current affairs etc. are all available at your fingertips. There are daily, weekly and monthly quizzes in the app version, in English and Hindi. Learning is sure made easier through this one!
This amazing online website deals only with IBPS exam, and has study materials , quizzes , exam notes and notifications. They have daily, monthly and weekly current affairs quizzes, sectional test series, downloadable test papers, mock tests series, ebooks and study notes for each and every section of the IBPS exam.
This website contains an exclusive list of resources such as question papers, books, exam tips and guidelines from latest IBPS Syllabus and how to solve them. It is also provides information for banking aspirants for various IBPS exams; Probationary Officer, Clerk, Specialist Officer and RRB exams.
They provide you with rich general knowledge information, current affairs and daily updates, and free study material. One can also check out their discussion forums, for good interactive learning experiences.
On this site, you can browse through some videos that explains how to answer tough questions, detailed analysis on repetitive questions, downloadable question papers. But the short videos and detailed analysis are not free materials. Then they also have experienced mentors, with whom you can get in touch with.
Apart from online resources, you can also prepare from popular offline mode of material information. What’s that? Have a guess? Our very own news channels on TV, newspapers, journals, magazines and books based on general awareness. Yes, the old fashioned way! Television doesn’t always have to be about entertainment. The amount of educational information through TV debates, discussion forums, news channels is good enough to digest in , for the latest updates about current affairs. And you also get a mixture of diverse views at a go, through TV.
To top that, reading newspapers on daily basis especially the editorial and special columns, will help you capture the gist of latest current affairs that you see on TV. It’s like both complements each other. Do try to read 2 or 3 papers, daily. This method is indeed fun, educational and make you a step further for the IBPS general awareness questions.
Last but not the least, make use of General knowledge based magazines like Manormaetc and books by R.S. Aggarwal, Arihant publications, to further keep yourself updated.
At every step, make your own personal notes for important dates, abbreviations, events etc. Obviously, you won’t carry all your books everywhere you go. Personalized notes are your advantage, and can be easily remembered.
So that’s about it! The IBPS general awareness section can be scored quite well, when you know what to look out for and be mentally prepared. And good marks and meeting cutoff of this section plays a crucial role in selection of a candidate, too. So be on your best and try your best.