IBPS PO 2017 NEWS
NATIONAL LEVEL ONLINE TEST
General awareness section is related to day to day scenarios. It is an unpredictable section as the types of questions asked are never particular or predefined. Reading papers, informatory magazines, and keeping an eye on day to day news can help candidates remember important details of general knowledge.
The topics asked in this section are related to marketing, banking, and finance. It also includes the monetary policies, national and international monetary organizations like RBI, UNO, and IMF etc. The persons who were in news, awards and honors, and currencies of various nationalities, and famous people and issues are all expected to be known beforehand for the preparation of IBPS’s general awareness section.
IBPS PO specially focuses on banking awareness in CWE. Since the banking sector is closely related to money, market, and policies which affect the banking industry, it becomes crucial to know current affairs and have enough knowledge about the common banking terms. Before going on to the tips to prepare for ‘General Awareness’ IBPS PO, let us take a look at the important topics of General Awareness.
|Section||Important areas to focus|
|General Awareness||Banking awareness|
|RBI Functions and Power|
|Current Affairs and Economy|
|Capitals and Countries|
|Sports and recreation|
|Awards and Honors|
|Authors and Writers|
|Major organizations and headquarters|
|Important dates and events|
Apart from Reasoning, English and Quantitative Aptitude, General Awareness holds the same value like other. So, you must give equal attention to every subject. Here, are tips to crack this section & get a high score.
Most often questions are taken from the happenings around in last 6 months. Keep yourself updated on the new banking policies, global financial industry events, and the world summit related to such fields.
Be a regular reader of newspapers, books, magazines, it gives you an edge in the preparation. This will surely help you focus on related and relevant news events.
It will give you current and sensational news updates. Make sure you read the previous test papers to know the type of questions asked.
Make use of modern communication methods. Subscribe to social media pages which provide you an updated general knowledge information. Use most of internet to gain information, such sites for say; Wikipedia, Youtube, etc. improve your knowledge of both past & current events.
The questions asked are largely related to Financial Awareness. Current Affairs questions are related to events from 2-3 months back. Even Static GK is largely related to people/ places/ institutions in the news in the past 2-3 months. For the current year the questions might be related to demonetization. Some GK or GA based questions are discussed below:
Ques: Bhavanisagar Dam is located in which state?
Ans. Tamil Nadu
Ques: Which city in Italy granted the Dalai Lama honorary citizenship?
Ques: What is the venue of NATO Summit 2017?
Ans. Brussels, Belgium
Ques: Where was the first International Conference on Voter Education held?
Ans. New Delhi
Ques: Kalikho Pul was the CM of which state?
Ans. Arunachal Pradesh
Ques: In EFTPOS, what does E stand for?
Ans. Electronic (Electronic Funds Transfer at Point of Sale)
Ques: Where is the headquarters of OPEC located?
Ans. Vienna, Austria
Ques: According to RBI’s annual report, what is near-report gross value added (GVA) for 2016-17?
Ques: Who authored ‘One Indian Girl’?
Ans. Chetan Bhagat
Ques: Ratan Watal Committee was set up for what?
Ans. Boosting Digital Payments
Ques: Corporation Bank Headquarters is located at?
Ques: Nassau is the capital of which country?
Ques: Antwerp Diamond Bank is headquartered in which country?
Ques: Grama Vidiyal Microfinance was acquired by?
Ans. IDFC Bank
Ques: CRR is used to control what in economy?
Ans. Money Supply
Ques: Indravati National Park in which state?
Ques: Which of these banks is not regulated by RBI?
Ans. State Bank of Sikkim
Ques: Haima typhoon hit Guangdong province of?
Ques: MasterCard’s new app in Europe lets you authenticate using?
Ques: Rs 10,000 currency notes were first introduced in 1938. They were demonetized in year?
Ques: BSBDA withdrawal and transfer limits are?
Rs. 10,000 in a month
Ques: The Bermuda Triangle lies in which ocean?
Ans. North Atlantic Ocean
Ques: In a bid to boost growth in economy, Govt gave Rs. 22915 crore for recapitalization of 13 PSBs. Banks’ lending capacity restricted by weak capitalization and _____?
Ans. Poor Asset Quality
Ques: The Reserve Bank of India (RBI) on 6 October 2016 released the Report of the Internal Working Group (IWG) on Rationalization of Branch Authorization Policy. The Group is chaired by?
Ans. Lily Vadera
Ques: The 2016 Economics Nobel Prize was given to Oliver Hart and Bengt Holstein for their work in?
Ans. Contract Theory
Ques: The Sheikh Zayed Stadium in UAE is located at?
Ans. Abu Dhabi
Ques: In Monetary Policy Committee, how many members are appointed by RBI?
Ans. 3 (other 3 by Govt.)
Ques: Joint Military Exercise of India & China known as Sino-India Cooperation 2016 held in?
Ques: People’s Resurgence and Justice Alliance (PRAJA) party launched by?
Ans. Irom Sharmila
Ques: According to RBI’s new guidelines, banks must set their lending rates according to Marginal Cost of Funds based Lending Rate (MCLR), effective from?
Ans. April 1, 2016
Ques: Which option is wrong about Mobile Money Identifier (MMID)?
Ans. 10-digit number (it is 7-digit number)
The first step for preparation of General Awareness for IBPS PO Mains is to trace the pattern of papers from previous years. Here are the number of questions asked in General Awareness section in 2016 & 2015 IBPS PO mains paper.
|Unit||Chapter||Topic||No. of Question in 2015||No. of Questions in 2016|
|General awareness||Awards||Indian awards||1||2|
|International Awards & Honors|
|Indian Affairs||Acts and Laws||1||1|
|National parks and sanctuaries|
|Indian Industry||Defence and Railways||4||4|
|Infrastructure and IT|
|Indian Taxation||Income Tax||2||1|
|International Awareness||Currency, Country & its Capital||3||3|
|Major International Organizations|
|Sports||Indian and International Sport Personalities||4||3|
|International Sporting Events and Venues|
|Banking||Commercial Banking||Heads and Head Quarters||5||4|
|New Banking Entities & Foreign Collaborations|
|Functions of a Bank|
|E-banking & New Trends||Bitcoins and E-wallets||2||3|
|RTGS and Rupay|
|Functions of RBI||Banker & Debt Manager to Government||3||3|
|Financial Regulation & Supervision|
|Foreign Exchange Management|
|Other Banking or Non-Banking Institutions||Regulatory Authorities||1||1|
|RBI||New Initiatives & Policies||2||3|
|Organization of RBI|
|Terms||Finance & Accounts||3||2|
|Insurance Policy & Operations|
|Shares & Stocks|
|Current Affairs||Awards & Honors||Films||1||1|
|India in International Reports|
|Indian Authors & their Books|
|New Government Policies & Schemes|
|International Relations||Major Treaties & Agreements with Other Countries||1||1|
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