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Best coaching class for bank exam


We are at the fag end of 2022, eagerly waiting for the Christmas holidays. While the rest of the world is settling for a cosy winter, making their New Year plans, it is the most crucial period for the Bank Exam Aspirants as they expect to give the Mains exams and interviews. All the Prelims tests are done and dusted and now they enter the next stage of the battle. Cracking the Mains is the real deal because it tests your higher cognitive skills. The portions will be more and newer topics will be introduced.

Pattern for the upcoming SBI PO Mains

SBI Po Manins
SBI Exam

As you can see, there are additional topics added to your Prelims syllabus. In this blog, we will focus on BANKING AWARENESS, its syllabus, tips to score well on the topic, and some special questions on Banking GK.

“Every day is a bank account, and the time is our currency. No one is rich, no one is poor, and we’ve got 24 hours each.” –  Christopher Rice


Since it is a specialized section to test the banking dynamics of the candidates, all the exams conducted for Banking/Insurance selections will have Banking Awareness. Some exams use the name ‘Financial Awareness’ and widen the questions to other aspects of Finance.

Competitive Exams that have Banking GK in their syllabus:

  • SBI SO,
  • SBI Clerk,
  • IBPS PO,
  • IBPS Clerk,
  • IBPS RRB Officer,
  • IBPS RRB Office Assistant
  • IBPS SO,
  • NABARD Grade-A,
  • RBI Assistant,
  • LIC and others.
SBI Exam

Image credits – Finance Bazaar Online



The 5 main themes a candidate must prepare for Banking GK are:

  1. Banking in India
  2. Indian and International Finance System
  3. Banking Concepts
  4. Banking Abbreviations
  5. Insurance


SBI Exam
SBI Exam

Do you know that the first bank of India was established in the year 1770 and was located in Calcutta?

Do you know that the State Bank of India (SBI) is the oldest and largest bank in India?

Do you know that the Bharatiya Mahila Bank is the first all-woman bank in India?

Beginning from the History of the Banking Sector to the current trends and inclusions in the banking systems, this section spans everything related to Banks in India. Banking reforms, financial institutions, functions of banks, types of bank accounts, mortgages, cheques and cards, foreign banks in India, Public sector banks, nationalized banks, the structure of the Indian Banking Industry, etc. are some of the most important topics you can expect in your exam.

Indian and International Finance System

This section covers the intricacies of the banking system and its different functions. Financial committees and markets in India, Money and Capital marketing, ATMs, Credits and Debits, Mutual funds, types of foreign accounts (NRI accounts), and so on. You should also prepare for the crucial Banking and Finance acts passed in India as well as the world.


Image credits – ipleders

Banking Concepts and Abbreviations

Let’s say Vishal sets his eyes on a Royal Enfield bike and is contemplating buying it. He is talking about his latest obsession with his friend and the desire to own it. He even discloses to his friend about going for a loan to buy the bike. His friend instantaneously asks, “Macha, What is your CIBIL Score da?” and Rakesh was puzzled.


“CIBIL score is a bank’s assessment of a client’s trustworthiness based on information from their credit history. The higher the score, the more favourable the bank is to the client. It is a 3-digit number ranging between 300 and 900. Ideally, a 720 or above score is considered a good CIBIL score.” (Wikipedia)

There are lots of important terminologies in the Financial/Banking Sector. To ace your Mains test and to appear well-versed in your interviews, you must learn all the banking terms.

To pique your curiosity, here are some banking related abbreviations for you to find out their full form and definitions.

  • AFS
  • BSR
  • CPI
  • DMA
  • EEC



Learning about Insurance and its many facets will not only help you in banking exams but also will boost your chances to kick-start your career in the Insurance field. Insurance policies, term plans, retirement plans etc, are all wonderful prospects to study about. We’ll try to cover everything about Insurance academically in a separate blog!


Image credits – The Economic Times


  1. Read the BUSINESS, MARKET, and ECONOMY sections of any newspaper. This way you will come to know about the recent trends in the fields. You’ll also be educated about various abbreviations and banking terms.
  2. Subscribe to any Business/Economy magazines. You can gain in-depth knowledge about finances, how the market works, trading, stocks, etc. A multi-dimensional understanding of money and the market will make you a great banker/economist.
  3. Talk to some professionals in the field of Banking or economics. The more conversations you develop the more it will help you in your interviews.
  4. Put a separate note for Banking awareness and take notes of your daily progress.
  5. Refer to books, question banks, and your study material. If you are studying in a coaching institute, talk to your tutor frequently and clear your doubts then and there.

“If your teacher, coach, or mentor believes you can do something, you’re more likely to do it.”

Gwen Moran


When is the International Day of Banks celebrated?

Ans: 4th December.

Which bank won the EAG Laureate award in the International Olympiad of Financial Security that happened in Sochi, Russia on 10 October 2022?

Ans: Bank of Baroda

Name the Payments Software Company that joined hands with India’s largest private sector company HDFC Bank to aid Indian students to pay for education online at institutions all over the world.

Ans: Flywire

Earlier in October, The World Bank projected India’s GDP for the current fiscal year to be an estimated 6.5%. Now The World Bank has increased that percentage to what number?

Ans: 6.9%

The BHIM app that allows the user to make fast and easy payment transactions runs with the help of UPI. What is the full form of BHIM and UPI?

Ans: Bharat Interface for Money (BHIM), Unified Payment Interface (UPI)

You may wonder, “What’s the best banking coaching near me?”

Don’t worry we got you covered. Trichy Plus, the bank coaching centre in Trichy, provides you with excellent facilities and takes care of your studies by giving top bank coaching.

Attend one trial class for free now!

Visit https://trichyplus.com/courses/bank-exam/ for more details

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