Banking Current Affairs 2021

By : Akash Mishra

Updated : Jun 3, 2021, 18:45

Bank Current Affairs: World commerce is reliant on the banks in one way or the other. Therefore, it becomes essential for bankers to be aware of what is happening around them. This is why the current affairs for bank exams is one of the most important parts of the exam curriculum concerning banking exams.

Current affairs topics for bank exams will indeed feature in your exams for several banking-related exams such as IBPS Clerk, PO, SBI Clerk, PO, IBPS RRB Clerk, PO, RBI Grade A & B, NABARD Grade A & B, LIC AAO, etc.

Current Affairs for Bank Exams & GK Topics

Topic

Information

Current Affairs

The best way to learn the current affairs is to watch the news channels on the television and to read the newspaper regularly

Static GK

You need to pick up some great books of the latest year edition that will have updated data on static GK

History

You can watch TV channels such as the History channel to learn more about the current affairs topics in the field of History

Indian History

Dive into the books of civics and history to learn about the history of India

Geography

You can read some class 10 geography books of NCERT to learn about the GK topics of Geography

Legal

You will need a certain background of laws as banking is a highly regulated sector and you need to pay much attention to this

Some tips to prepare for Current Affairs topics for Bank Exams

Here are some tips and pointers that will aid you in preparing your current affairs syllabus for bank exams-

  • Regularly watch the news channels to remain up-to-date with what is happening around the world
  • Buy some good books of renowned publishers that will give you a good insight into the static GK part
  • Focus more on the current affairs as more of the questions will be based on it
  • Keep a tab on the time that you have to solve this part of the question paper
  • Always remember there is nothing quantifiable in this part, you either know the answer you do not so do not waste time sitting and struggling to recollect

Importance of the Current Affairs topics for Bank Exams

The knowledge of current affairs is very important for a banker's role. Most of the things that are happening around the world are related to banks. The domestic, as well as the international economy, is highly reliant on the efficient functioning of the banking industry. Most of the new projects proposed by the governments, the new industries, etc everything is dependent on the banks. Therefore, bankers need to remain aware of what is going on around the world.

Most Recommended Books for the Current Affairs for Bank Exams

Here is a list of some most recommended books for the preparation of the current affairs topics for banks exams-

  •   Manorama Yearbook 2020 by Mammen Mathew
  •   Quick General Knowledge with Current Affairs Update by Disha 
  •   Arihant's General Knowledge by Manohar Pandey
  •   Lucent’s General Knowledge by Dr. Binay Karna and R. P. Suma  

Why Prepare the Current Affairs Syllabus for bank exams from BYJU'S Exam Prep?

At BYJU'S Exam Prep, you can be sure of one thing and that is you will get nothing but the best preparation guidance and learning material for your banking exams. All the instructors at BYJU'S Exam Prep are selected after rigorous interviews and training process. This helps us to deliver nothing but a quality training program for your banking exams. With our periodic test series, you will learn the answers to the most frequently asked questions by default.

FAQs

What are the current affairs?

Current affairs refer to the latest happenings of various fields such as national, international, sports, economy, etc.

What all comes in current affairs?

There is no defined boundary for current affairs, all the latest happenings concerning anything are current affairs.

Why do you need to study current affairs topics for bank exams?

The banking industry lies at the core of many new things that are happening in the world such as projects, joint ventures, economic exchanges, government schemes, etc. therefore, bankers need to know everything about current affairs.

How can you prepare for the current affairs syllabus for bank exams?

The best way to prepare for the current affairs syllabus for bank exams is to watch the news every day and to read the newspaper every day.

How to prepare for the current affairs quiz for bank exams online?

You can watch several channels on YouTube or signup with platforms like BYJU'S Exam Prep to prepare for the current affairs quiz for bank exams online. 

Daily GK Update: 16th October 2021

 Honours & Awards

1. Satya Nadella gets CK Prahalad Award for Business Sustainability Leadership

  • Satya Nadella (CEO Microsoft), along with three other top leaders of Microsoft awarded the prestigious 2021 C K Prahlad award for Global Business Sustainability Leadership.
  • Three other Microsoft leaders are Brad Smith (President), Amy Hood (CFO) and Lucas Joppa. 
  • They were awarded for their collaborative leadership aimed at transforming Microsoft into a carbon negative company by 2030. 
  • The award was created in 2010 by the Corporate Eco Forum (CEF).
Read Full News >>

 Important Dates

2. World Food Day 2021: 16th October

  • World Food Day is celebrated all over the world on October 16.
  • It is an initiative by the Food and Agricultural Organisation (FAO) of the United Nations.
  • This year, the World Food Day commemorations was jointly led by the FAO, UNHCR, the UN Refugee Agency, and the World Food Programme (WFP).
  • The theme this year is “Our actions are our future. Better production, better nutrition, better environment and a better life”.
  • World Food Day was Estd  in Nov 1979.
Read Full News >>

 National & International Appointments

3. UCO Bank MD and CEO AK Goel Elected Chairman if Indian Banks' Association

  • A K Goel, (MD & CEO) of UCO Bank has been elected as new chairman of Indian Bank's Association for 2021-22.
  •  He succeeds Rajkiran Rai G, MD & CEO, Union Bank of India.
  • In September 2021, Banks Board Bureau (BBB) had recommended the name of Goel for the forthcoming position of managing director and chief executive at Punjab National Bank (PNB). 
  • Goel has been heading UCO Bank, Kolkata-based public sector lender, since Nov 2018.
  • Moto UCO bank: Honours your Trust 
Read Full News >>

 National Affairs

4. ‘Dr APJ Abdul Kalam Prerana Sthal’ inaugurate at Visakhapatnam d at

  • ‘Dr APJ Abdul Kalam Prerana Sthal’ was inaugurated at Naval Science & Technological Laboratory (NSTL), Visakhapatnam.
  • The NSTL is the premier naval research laboratory of Defence Research & Development Organisation (DRDO).
  • Dr Kalam’s Prerana Sthal will motivate the people particularly young minds from Dr Kalam’s life and his impeccable achievements.
  • A statue of Dr Kalam was also unveiled by Dr Samir V Kamat, Director General (Naval Systems & Materials), DRDO.
Read Full News >>

 Summits & Conferences

5. Food Tech Summit 2021 organised by Ministry of Food Processing Industries

  • The Ministry of Food Processing Industries, under the PM Formalisation of Micro food processing Enterprises Scheme, organised Food Tech Summit 2021
  • The Food Tech Summit 2021 aimed at setting the stage for all food-tech stakeholders to impart, discuss and acquaint micro enterprises on the new emerging trends in food processing and technological innovation
  • PMFME Scheme has been launched under the Atmanirbhar Bharat Abhiyan.
  • Minister Incharge (MoFPI: Pashupati Kumar Paras 
Read Full News >>

 Science & Technology

6. NASA launches Lucy spacecraft, 1st space mission to study Trojans Asteroid

  • NASA launched Lucy spacecraft, the first space mission to study the Trojans Asteroids.
  • Lucy will journey for 12 years, observing one main belt asteroid and seven Trojan asteroids.
  • The swarms of Trojan asteroids associated with Jupiter are thought to be remnants of the primordial material that formed the outer planets.
  • These primitive bodies hold vital clues to deciphering the history of the solar system.
Read Full News >>

 National Affairs

7. India slips to 101st rank in Global Hunger Index 2021

  • India has slipped to 101st position in the Global Hunger Index 2021 of 116 countries.
  • 18 countries, including China, Brazil and Kuwait, shared the top rank with GHI score of less than five.
  • India is behind its neighbours Pakistan, Bangladesh and Nepal.
  • GHI was prepared jointly by Irish aid agency Concern Worldwide and German organisation Welt Hunger Hilfe.
  • The GHI score is calculated on 4 indicators -undernourishment; child wasting; child stunting and child mortality
Read Full News >>

 Banking & Finance

8. BPCL Unveils Automated Fuelling System ‘U-Fill’

  • The BPCL has launched an automated fuelling technology -UFill- to ensure better customer experience at outlets.
  • The tech obviates the need for looking at zero or final reading and such offline manual interventions.
  • The new automated fuelling technology is secure, fast, and smart. 
  • The new U-Fill outlets have been launched in 65 cities and are likely to be launched soon across the country.
  • The customers need not download any app to use the U-Fill technology. 
Read Full News >>

 Banking & Finance

9. Reliance tops Indian firms in Forbes world's top 100 best employers list

  • According to World's Best Employers rankings 2021 published by Forbes, RIL is among the top four Indian companies to work for.
  • Mukesh Ambani-owned RIL was placed at the 52nd position in the overall ranking of 750 global corporates.
  • Other Indian companies that made it to the top 100 rankings include ICICI Bank at 65, HDFC Bank at 77 and HCL Technologies at 90.
  • The top place in the Forbes rankings was occupied by Samsung Electronics followed by IBM, Microsoft and Amazon
Read Full News >>

 Defense

10. Indo-US joint training exercise ‘Ex Yudh Abhyas 21’ commences in Alaska

  • The 17th edition of the Indo-US joint training exercise “Ex Yudh Abhyas 21” commenced at Joint Base Elmendorf Richardson in Alaska.
  • The 14-day exercise includes activities on joint training in a counter-insurgency/counter-terrorism environment. 
  • The Ex YudhAbhyas is the largest running joint military training and defense cooperation endeavour b/w India and US.
  • The earlier version of this exercise was held in India at Mahajan Field Firing Ranges in Bikaner.
Read Full News >>
Current Affairs

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Akash MishraAkash MishraMember since Jul 2019