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: 21st September 2021

 Important Dates

1. International Day of Peace: 21 September

  • International Day of Peace (World Peace Day) is observed every year on 21 September to strengthening the ideals of peace, through observing 24 hours of non-violence and cease-fire
  • This day was established by UN General Assembly in 1981 and was formally designated in 2001.
  • Theme 2021: Recovering Better for an Equitable and Sustainable World.
  • United Nations Peace Bell is rung at UN Headquarters (in New York City) to inaugurate the day.

Read Full News >>

 National & International Organizations

2. India ranked 46th in Global Innovation Index 2021

  • India has been ranked at 46th place in Global Innovation Index (GII) 2021, that captures the innovation ecosystem performance of 132 economies and tracks the most recent global innovation trends.
  • India was ranked 48th in GII 2020
  • Under the Lower middle-income category group, India has been ranked at the second spot after Vietnam
  • Released by: World Intellectual Property Organization (WIPO).
  • Top performers: Switzerland, Sweden, U.S., U.K. and Republic of Korea.

Read Full News >>

 Honours & Awards

3. Primetime Emmy Award 2021 has been conferred

  • The 73rd Primetime Emmy Awards ceremony was held in Los Angeles to honor best U.S. prime time TV program, as chosen by Academy of Television Arts & Sciences.
  • List of winners:
    • Outstanding Drama Series: The Crown
    • Outstanding Comedy Series: Ted Lasso
    • Outstanding Variety Talk Show: Last Week Tonight with John Oliver
    • Outstanding Limited Series: The Queen’s Gambit
    • Outstanding Actor (Comedy): Jason Sudeikis – Ted Lasso
    • Outstanding Actor (Drama): Josh O’Connor

Read Full News >>

 Sports

4. R. Raja Rithvik becomes India’s 70th Chess Grandmaster

  • R Raja Rithvik (17 years) from Warangal has become India’s 70th and newest chess Grandmaster (GM).
  • He has achieved his third and final norm at First Saturday Chess Tournaments in Budapest, Hungary, to enter the GM club.
  • Rithvik earned his first GM norm in 2019.
  • He touched the magical 2500 Elo mark in the fourth round of the tournament after beating Vaclav Finek.

Read Full News >>

 Important Dates

5. International Week of Deaf People 2021: September 20 to 26

  • International Week of the Deaf (IWD) is observed every year in the full week ending on the last Sunday of September.
  • This year, IWD is being observed from September 20 to 26, 2021
  • Theme of IWD 2021 IWD: Celebrating Thriving Deaf Communities
  • The day is an initiative of World Federation of the Deaf (WFD) and was first launched in 1958 in Rome, Italy to commemorate the month when the first World Congress of the WFD was held.
  • World Day of Deaf 2021: September 26.

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 National Affairs

6. IRCTC partners with Cordelia Cruises for 1st indigenous luxury cruise liner

  • Indian Railway Catering and Tourism Corporation (IRCTC) in partnership with Cordelia Cruises has launched India’s first indigenous cruise liner.
  • It will take the passengers on-boards to tourist destinations like Goa, Diu, Kochi, the Lakshadweep islands, and Sri Lanka.
  • Cruise will have its base from Mumbai, and will sail to the Indian destinations only in Phase I
  • Phase II will start from May 2022, whose base will be shifted to Chennai and it will sail to Sri Lanka

Read Full News >>

 Banking & Finance

7. HDFC Bank ties up with Paytm to launch co-branded credit cards

  • HDFC Bank has partnered with Paytm to offer co-branded credit cards on the Visa platform for businesspersons, millennials and merchants.
  • HDFC-Paytm co-branded credit cards will be launched in October 2021
  • The collaboration between HDFC and Paytm is part of the strategies of the HDFC Bank to regain its lost market share in the credit card space due to the ban imposed on it by RBI for eight months as penalty, following several outages in its digital offerings

Read Full News >>

 Science & Technology

8. SpaceX first all-civilian crew land back safely

  • SpaceX launched world’s first all-civilian crew into Earth orbit under the mission named as Inspiration-4 by SpaceX`s Falcon 9 rocket from NASA’s Kennedy Space Center in Florida on September 16, 2021 and came back on 19 September
  • It had 4 member and features no trained astronauts, who spent time in orbit in SpaceX’s Crew Dragon spacecraft, dubbed as Resilience.
  • Four members: Jared Isaacman (mission commander), Sian Proctor, Hayley Arceneaux, Chris Sembroski.

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 National & International Organizations

9. Ford Motor to close manufacturing plants in India

  • Ford Motor has announced to close manufacturing plants in India due to the loss of more than USD 2 billion over the past 10 years
  • Ford has two integrated manufacturing facilities in India one at Chennai, Tamil Nadu, and another at Sanand, Gujarat.
  • Manufacturing of vehicles for exports in Sanand, Gujarat will be shut by 2021 and vehicle and engine manufacturing in Chennai will be stopped by 2022
  • Ford will now only offer high-end cars via Completely Built-Up (CBU) Route

Read Full News >>

 Sports

10. M.S. Dhoni named mentor for Indian Men’s Team for T20 World Cup 2021

  • Mahendra Singh Dhoni has been named as the Mentor of the Indian cricket Men’s team for ICC T20 World Cup 2021.
  • T20 world cup will be played in Oman and UAE from October 18 onwards
  • Virat Kohli has recently announced to step down as the captain of T20 cricket team after the World Cup.
  • It will be Dhoni's first stint as a member of the support staff of the Indian cricket team.
  • Dhoni had previously mentored Jharkhand in domestic tournaments.

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 National Affairs

11. NCW launches Capacity Building Program For Women

  • National Commission for Women (NCW) has launched country-wide capacity building and personality development program for women Undergraduate and Post graduate students
  • For this, NCW is collaborating with Central and State universities for organizing sessions to prepare women students for entering the job market
  • 1st program was launched in collaboration with Central University of Haryana
  • The course will focus on learning and applying the use of intuitive, logical, etc

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 Agreement

12. TRIFED signs MoU with Big Basket for promotion and sale of products

  • Tribal Co-operative Marketing Development Federation of India (TRIFED) has signed MoU with Big Basket for promotion and sale of Organics, natural Van Dhan products and TRIFOOD products.
  • Another MoU of TRIFED with PurtyAgrotech of Jharkhand will promote the art of growing pearls among other tribal entrepreneurs across India and tap the potential of this market.
  • These two new initiatives will become operational from 2nd October this year.

Read Full News >>

 Banking & Finance

13. M2P fintech acquires credit card focussed startup Wizi

  • M2P Fintech, also known as Yap has announced the acquisition of credit card-focussed fintech Wizi for an undisclosed sum.
  • M2P is an application programming interface (API) infrastructure company that helps businesses roll out their branded products.
  • Wizi’s proprietary recommendation engine coupled with M2P’s programmable credit card stack will ease the rollout of hyper-personalised credit card offerings in India.

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 National Affairs

14. Power Finance Corp set to be India’s 11th Maharatna CPSE

  • Power Finance Corp. Ltd (PFC) is set to become the 11th Maharatna central public sector enterprise (CPSE).
  • Maharatna status will give PFC enhanced powers to undertake mergers and acquisitions
  • 10 Maharatna CPSEs: BHEL, Bharat Petroleum Corp. Ltd, Coal India Ltd, GAIL (India) Ltd, Hindustan Petroleum Corp. Ltd, Indian Oil Corp, NTPC, Oil & Natural Gas Corp., Power Grid Corp. of India, and Steel Authority of India Ltd. There are 14 Navratna and 73 Miniratna CPSEs.

Read Full News >>

Current Affairs

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Akash MishraAkash MishraMember since Jul 2019