Banking Current Affairs 2021: Download PDF in Hindi & English

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: 28th June 2022

 Sports

1. Deepak Punia wins bronze in U23 Asian wrestling championships 2022

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  • Tokyo Olympian, Deepak Punia has won a bronze medal in the U23 Asian wrestling championships 2022 in Bishkek, Kyrgyzstan.
  • He defeated Maksat Satybaldy in the 86kg freestyle weight category.
  • He has lost to eventual gold medallist, Azizbek Fayzullaev of Uzbekistan and Nurtilek Karypbaev of Kyrgyzstan.
  • Presently, India won 25 medals (including 10 gold medals) in all in the U23 meet in the wrestling event.
Read Full News >>

 Banking & Finance

2. Mufin Finance received Prepaid Payment Instrument licence from RBI

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  • Mufin Finance (NBFC) has received in-principal RBI approval for issuance of semi-closed prepaid payment instruments.
  • This PPI licence will allows digital banks, fintech firms and large consumer-facing applications to roll out features such as digital payment solutions for lending.
  • It is the fourth NBFC to receive such a licence from the RBI
  • Other three: Bajaj Finserve, Manapurram and Paul Merchants.
  • Mufin Finance established in 2016.
  • Co-founder : Rajat Goyal
Read Full News >>

 Banking & Finance

3. Acemoney launches wearable ATM cards and offline UPI

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  • Acemoney has launched UPI 123Pay payment and wearable ATM cards.
  • UPI 123Pay: Allow people to carry out cashless transactions without smartphones or internet connections by using feature phones only.
  • Wearable ATM cards: It is designed as key chains and rings that allows people to carry out cashless transactions without ATM cards and phones.
  • Acemoney is India's first company to launch UPI 123Pay services in Malayalam and Tamil.
  • RBI had launched UPI 123Pay in March 2022.
Read Full News >>

 Banking & Finance

4. Kerala Financial Corp raises the limit of flagship entrepreneurial loan

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  • Kerala Financial Corporation has raised the upper loan limit of loans under the Chief Minister’s Entrepreneurship Development Programme (CMEDP) to ₹2 crore.
  • Aim: More MSMEs can get funds at a concessional 5% interest rate.
  • The Kerala government will provide a subsidy of 3% with the Corporation chipping in with 2% towards the effective interest rate.
  • The age limit set by Govt for SC/ ST entrepreneurs, women entrepreneurs and non-resident Keralites is 55 years.
Read Full News >>

 National Affairs

5. ‘One-Health’ initiative launches in Bengaluru on June 28

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  • The Department of Animal Husbadry & Dairying (DAHD) has launched the One Health pilot in Bengaluru, Karnataka.
  • Aim: To bring the stakeholders from animal, human and environment health on a common platform to address challenges.
  • DAHD has collaborated with the Bill & Melinda Gates Foundation (BMGF) and The Confederation of Indian Industry (CII) to implement the One-Health framework in the states of Karnataka and Uttarakhand.
Read Full News >>

 Books & Authors

6. A book titled, 'The Life and Times of George Fernandes' by Rahul Ramagundam

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  • The biography of India’s former Union Defence Minister, late George Fernandes, 'The Life and Times of George Fernandes' will be released in July 2022.
  • The book was written by Rahul Ramagundam and published by Penguin Random House India.
  • He was born on June 3, 1930 in Mangalore.
  • He emerged as a key figure in the fight to restore democracy after the Emergency was imposed in 1975.
  • He became the Railways minister in 1989 under V P Singh coalition government.
Read Full News >>

 Obituaries

7. Chairman of SP Group, Pallonji Mistry dies at 93

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  • Chairman of Shapoorji Pallonji group, Pallonji Mistry has passed away in Mumbai at 93.
  • In 2022, Pallonji Mistry stands at rank 125 while he was the ninth richest Indian person as of 2021, as per the Forbes Billionaires List.
  • He has been conferred with the Padma Bhushan (2016) for his contribution in business including Real Estate, Textiles, Power, Shipping, Publications and others.
  • He was the largest individual shareholder in the Tata Group with a 18.4% holding.
Read Full News >>

 Honours & Awards

8. Indian Startup IG Drones wins Global Airwards Best Drone Organisation Award

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  • Indian startup, IG Drones has been conferred with the “Best Drone Organization Start-up Category” by Airwards for its approach of helping local communities.
  • Airwards, is the first panoptic global awards programme of its kind, which identify the positive drone use cases.
  • IG Drones is developing disaster response technology and mitigate to increase the efficiency and efficacy of first responders' aid in emergency response.
Read Full News >>

 Sports

9. Navjeet Dhillon wins gold medal at 2022 Qosanov Memorial

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  • Indian women’s discus thrower, Navjeet Dhillon has won the gold medal at the Qosanov Memorial 2022 athletics meet in Almaty, Kazakhstan.
  • She won the women’s discus throw with a 56.24m effort.
  • Karina Vasilyeva (Kazakhstan) placed second with 44.61m and Uzbekistan’s Yulianna Shchukina at third with 40.48m on the podium.
  • In the men’s 400m race, Muhammed Anas Yahiya followed Mixail Litvin of Kazakhstan (46.04s) to come second in 46.27s.
Read Full News >>

 Obituaries

10. Former SAIL Chairman, V Krishnamurthy passes away at 97

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  • V Krishnamurthy, a former chairman of steel PSU SAIL has passed away at the age of 97 in Chennai.
  • He worked as the chairman of SAIL from 1985 to 1990.
  • He had also been the chairman of Bharat Heavy Electricals Ltd (BHEL), Maruti Udyog and GAIL.
  • Awards: Padma Shri (1973), Padma Bhushan (1986), Padma Vibhushan (2007)
  • He also been conferred with the Lifetime Achievement Award in Management given by AIMA for the Year 2005.
Read Full News >>

 Honours & Awards

11. Kempegowda International Award to S M Krishna, Narayana Murthy & Prakash

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  • S M Krishna (Former Karnataka CM), N R Narayana Murthy (Infosys founder) and Prakash Padukone (former badminton player) have been selected for the ‘Kempegowda International Award’.
  • The award presented on the 513th birth anniversary of Kempegowda, the architect of Bengaluru city, on June 27 at Vidhana Soudha.
  • Award: Cash prize of Rs 5 lakh along with a plaque.
  • Kempegowda Award is a civilian award which is given by Bruhat Bengaluru Mahanagara Palike (BBMP) annually. 
Read Full News >>

 National Affairs

12. AI adoption will add $500 billion to India's GDP by 2025: Nasscom report

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  • As per the new report of Nasscom, the adoption of artificial intelligence (AI) and data utilisation strategy can add $500 billion to India's GDP by 2025.
  • Four key sectors of AI adoption -- BFSI, consumer packaged goods (CPG) and retail, healthcare, and industrials/automotive.
  • These four sectors can contribute 60% of the total $ 500 billion opportunity.
  • The current rate of AI investments in India is growing at a compound annual growth rate (CAGR) of 30.8%.
Read Full News >>

 Banking & Finance

13. Government extends levy of GST compensation cess till March 2026

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  • As per the Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022, has been notified by the finance ministry that the government has extended the time for levy of GST compensation cess by nearly 4 years till March 31, 2026.
  • The levy of cess was about to end on June 30.
  • The revenue from the GST compensation cess is used to pay for the borrowings and arrears of compensation paid to states in the last two financial years.
Read Full News >>
Current Affairs