Preparing for the IBPS PO Interview: A Comprehensive Guide to Banking Awareness

Congratulations on clearing the IBPS PO Mains examination 2022! Now, as you move towards the interview round, one of the key areas that you need to focus on is banking awareness. Understanding the basics of banking, how it functions, and the roles of governing bodies like the Reserve Bank of India (RBI) is crucial for a successful interview. In this comprehensive guide, we will suggest some effective resources, tips, and strategies to help you prepare for the banking awareness section.

Recommended Books and Resources

Banking Awareness by Arihant

The Banking Awareness book by Arihant is a popular choice among candidates preparing for banking exams due to its detailed and up-to-date content. This book covers a wide range of topics related to banking, including recent developments, types of banking, RBI's functions, and key terminologies. Purchasing the book would provide you with a structured learning experience and a wealth of practice questions. However, if the book is not accessible, the book's PDF version is also available for free on platforms like Byju's Exam Prep Formerly Gradeup. This digital resource ensures you stay up-to-date with the latest information without the need to purchase a physical book.

YouTube Channels and Online Courses

Besides the book, watching YouTube videos can significantly enhance your understanding of banking concepts. Channels such as Anuj Jindal's YouTube channel are highly recommended. These videos are designed to make complex topics easy to understand and remember. Additionally, online courses from platforms like Byju's Exam Prep Formerly Gradeup offer a structured learning experience. If you prefer free content, you can explore the numerous YouTube tutorials available. Since banking awareness questions are relatively straightforward, having a good grasp of the basics can take you a long way.

Practical Tips for Interview Preparation

Stay Updated with Current Affairs

While the banking awareness section tests your knowledge of basic concepts and functions, it is also crucial to keep track of recent developments and happenings in the banking sector. You should be aware of the most recent budget, monetary policies, and important occurrences. For instance, as Aman Dhiman shared in his experience, the interview panel may ask about recent news such as the budget, RBI's monetary policy, or types of banking products. Familiarizing yourself with these topics will help you tackle the questions confidently.

Focus on Basic Knowledge

As banking awareness questions are generally at the basic level, focusing on essential knowledge is key. For instance, you should be familiar with the roles of governing bodies like the RBI, understand the different types of banking, and be able to explain basic terminologies. Byju's Exam Prep Formerly Gradeup offers great resources for basic banking awareness, and their PDFs are a cost-effective solution for those who cannot afford to buy a book. The resources are well-structured and easy to understand, making them ideal for candidates from non-commerce backgrounds.

Conclusion

Preparing for the banking awareness section of the IBPS PO interview requires a mix of book reading, online learning, and staying updated with the latest news. Whether you choose to use the Banking Awareness book by Arihant, follow Anuj Jindal's YouTube channel, or use the free resources from Byju's Exam Prep Formerly Gradeup, the key is to have a solid understanding of basic banking concepts and current affairs. For a comprehensive approach, considering both written and video resources is recommended. Good luck with your preparation and interview!