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Banking | IBPS PO

Banking Awareness for IBPS PO

IBPS PO sets 40 Banking Awareness questions for 40 marks in the Main Examination (objective), so it is worth planning your preparation around the topics below.

40 questions40 marks9 topics

How to approach Banking Awareness in IBPS PO

Almost pure recall, and almost pure current affairs: RBI policy, regulatory changes, financial terms and the institutions behind them. A little every day, anchored to the actual RBI and PIB releases, is worth far more than a fact sheet read once.

Weightage in the paper

How much Banking Awareness is worth in each IBPS PO stage, from the official pattern.

StageQuestionsMarksTimeShare
Main Examination (objective)404035 min26%

Banking Awareness syllabus for IBPS PO

Every topic in the official syllabus. The linked ones open a set of solved questions you can practise straight away.

  • Reserve Bank of India: structure, functions and monetary policy
  • Banking regulation, Basel norms and capital adequacy
  • Money market and capital market instruments
  • Financial institutions: NABARD, SIDBI, EXIM, NHB and SEBI
  • Priority sector lending and financial inclusion schemes
  • Union Budget and Economic Survey highlights
  • National income, inflation and fiscal terminology
  • Static awareness: bank headquarters, taglines and important days
  • Current affairs of the previous six months

Sample Banking Awareness questions with solutions

Written to the IBPS PO pattern, with the answer key and the method behind it — a look at how the section is actually set before you drill the full topic sets.

Banking institutions · solved example

Where is the headquarters of the Reserve Bank of India located?

  • New Delhi
  • MumbaiCorrect
  • Kolkata
  • Chennai
  • Hyderabad

Solution

The RBI was established in 1935 with its central office in Kolkata, which was permanently moved to Mumbai in 1937. Its headquarters remains in Mumbai.

Financial regulators · solved example

Which body regulates the securities market in India?

  • RBI
  • IRDAI
  • SEBICorrect
  • PFRDA
  • NABARD

Solution

The Securities and Exchange Board of India, SEBI, regulates the stock markets and protects the interests of investors in securities.

Banking abbreviations · solved example

What is the full form of NEFT?

  • National Electronic Funds TransferCorrect
  • National Easy Fund Transaction
  • New Electronic Financial Transfer
  • National Electronic Financial Terminal
  • Net Electronic Funds Transfer

Solution

NEFT stands for National Electronic Funds Transfer, a nationwide system that lets individuals transfer money electronically from one bank account to another.

Banking abbreviations · solved example

In banking, what does the abbreviation IFSC stand for?

  • Indian Financial System CodeCorrect
  • International Finance Service Code
  • Indian Fund Settlement Code
  • Integrated Financial System Code
  • Indian Financial Security Code

Solution

IFSC stands for Indian Financial System Code, an eleven-character code that uniquely identifies a bank branch in electronic transfers such as NEFT and RTGS.

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Banking Awareness study material

Sit Banking Awareness under a real clock

Banking Awareness shows up in every IBPS PO mock test, in the same interface, with sectional locking and negative marking.

  • Banking & General Awareness sprint (12 questions)

    12 questions | 8 min

    Start
  • Hard-only sprint: Reasoning Ability (25 questions)

    25 questions | 30 min

    Start
  • IBPS PO Main: full-length mock test 1

    155 questions | 3 hr

    Start
  • IBPS PO Prelims: English Language sprint (11 questions)

    10 questions | 11 min

    Start
  • IBPS PO Prelims: full-length mock test 1

    100 questions | 1 hr

    Start
  • IBPS PO Prelims: Reasoning Ability sprint (16 questions)

    16 questions | 16 min

    Start
  • IBPS PO Prelims: sectional timing practice set 1

    20 questions | 12 min

    Start

Frequently asked questions

How many Banking Awareness questions are asked in IBPS PO?

IBPS PO 2026-27 cycle (CRP PO/MT-XVI) sets 40 Banking Awareness questions for 40 marks in the Main Examination (objective).

Is there negative marking for Banking Awareness in IBPS PO?

Yes. IBPS PO deducts one fourth of a mark for each wrong answer, Banking Awareness included, so unsure guesses cost you. One fourth of the marks assigned to a question is deducted for a wrong answer. Questions left blank carry no penalty.

Which Banking Awareness topics matter most for IBPS PO?

The IBPS PO syllabus lists Reserve Bank of India: structure, functions and monetary policy, Banking regulation, Basel norms and capital adequacy, Money market and capital market instruments, Financial institutions: NABARD, SIDBI, EXIM, NHB and SEBI, Priority sector lending and financial inclusion schemes, Union Budget and Economic Survey highlights and more. Weight your revision towards the ones you are weakest on and confirm the emphasis against the paper analysis for recent cycles.

How can I practise Banking Awareness for IBPS PO free?

Every Banking Awareness question on this site is free and written to the exam pattern. Use the topic drills for instant-feedback practice, the daily quiz to keep the section warm, and the IBPS PO mock tests to sit it under a real clock with negative marking.