This part checks your understanding of how banks operate.
A. Structure of Indian Banking System
- Types of Banks in India (Public, Private, Foreign, Regional Rural Banks)
- Small Finance Banks & Payments Banks
- Cooperative Banks
- Role of NABARD, SIDBI, EXIM Bank
- Banking Ombudsman Scheme
- Lead Bank Scheme
- Priority Sector Lending (PSL)
B. Banking Products & Services
- Types of Accounts (Savings, Current, FD, RD)
- CASA Ratio
- NPA (Gross & Net NPA)
- SARFAESI Act basics
- CRAR / Capital Adequacy Ratio
- Basel Norms (Basel I, II, III)
- Repo Rate & Reverse Repo
- MCLR & EBLR
- Types of Loans (Retail, Corporate, MSME)
- Working Capital vs Term Loan
C. Monetary Policy & RBI Functions
Understand the role of the Reserve Bank of India (RBI):
- RBI structure & departments
- Monetary Policy Committee (MPC)
- Inflation targeting
- Liquidity tools:
- Repo Rate
- Reverse Repo
- MSF
- Bank Rate
- CRR
- SLR
- OMO (Open Market Operations)
- Currency management
- Digital currency (CBDC)
- RBI annual report basics
D. Financial Market Basics
- Money Market vs Capital Market
- Treasury Bills
- Commercial Paper
- Certificates of Deposit
- Government Securities (G-Sec)
- Bonds vs Debentures
- Primary vs Secondary Market
- Stock Exchange basics
- SEBI role
Economy Awareness – Understanding Indian Economy
This part checks macroeconomic understanding.
A. Economic Fundamentals
- GDP & GNP
- Inflation (CPI, WPI)
- Fiscal Deficit
- Revenue Deficit
- Budget terminology
- Direct vs Indirect Tax
- GST basics
- Balance of Payments
- Current Account vs Capital Account
B. Government Schemes (Financial Inclusion Focus)
- PMJDY
- Mudra Yojana
- Stand-Up India
- Atal Pension Yojana
- PMFBY
- Financial Inclusion initiatives
- Jan Suraksha schemes
Focus on:
- Objective
- Target beneficiaries
- Implementing authority
C. Banking & Economic Reforms
- Bank mergers
- Recapitalization
- IBC (Insolvency & Bankruptcy Code)
- Bad Bank concept (NARCL)
- Asset Reconstruction Companies
- Digital lending guidelines
Financial Awareness – Practical Finance Knowledge
This tests real-world financial literacy.
A. Insurance & Risk Management
- Life vs General Insurance
- IRDAI role
- Reinsurance
- Bancassurance
- Microinsurance
B. Investment Instruments
- Mutual Funds (SIP, NAV)
- Equity vs Debt funds
- ULIP
- PPF
- NPS
- Sovereign Gold Bond
- Fixed Income Securities
C. Credit & Rating
- CIBIL score
- Credit rating agencies (CRISIL, ICRA)
- Loan classification
- Wilful defaulter
Digital & Technology Awareness in Banking
Very important in recent IBPS exams.
A. Digital Payment Systems
- UPI
- IMPS
- NEFT
- RTGS
- BHIM App
- RuPay card
- AePS
- FASTag
B. Cyber Security in Banking
- Phishing
- Smishing
- Malware
- Data encryption
- Two-factor authentication
- Tokenization
C. FinTech Concepts
- Blockchain
- Artificial Intelligence in banking
- Open banking
- API banking
- Digital wallets
- Buy Now Pay Later (BNPL)
Digital Banking Products
- Internet banking
- Mobile banking
- E-KYC
- Video KYC
- Digital onboarding
- Contactless payments
Current Affairs (Last 6–8 Months)
This is the scoring part.
Focus areas:
- RBI notifications
- Monetary policy updates
- Banking appointments
- Bank mergers
- Government economic reports
- Budget highlights
- Financial inclusion updates
- Important banking news
- International financial organizations (IMF, World Bank, ADB)
Official Source & Updates:
For latest Government Jobs, Admit Card, Results & West Bengal Jobs visit Jobupdates360.com