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IBPS PO General Awareness Syllabus

The General Awareness syllabus for IBPS PO in full: 3 chapters and 10 topics, every one listed below, plus 50 General Awareness flashcards with answers.

3Chapters
10Topics
50Flashcards

General Awareness syllabus: all 3 chapters

Expand any chapter to see its topics and sub-topics.

  1. Current Affairs

     4 topics
    • National News
    • International News
    • Sports
    • Awards

  2. Banking Awareness

     3 topics
    • Banking Terms
    • Banking History
    • RBI and its Functions

  3. Static GK

     3 topics
    • Important Dates
    • Countries and Capitals
    • Books and Authors

IBPS PO General Awareness flashcards — 50 questions with answers

  1. What scheme did the Indian government launch to provide universal banking access by opening basic savings accounts with zero balance, and in what year?

    Pradhan Mantri Jan Dhan Yojana (PMJDY), launched on 28 August 2014, providing zero-balance basic savings accounts with RuPay debit cards, overdraft facility and accident insurance.

  2. What is the name of India's flagship financial inclusion scheme for collateral-free micro-loans to small businesses, and its three loan categories?

    Pradhan Mantri MUDRA Yojana (PMMY); categories are Shishu (up to Rs 50,000), Kishore (Rs 50,000 to Rs 5 lakh), and Tarun (Rs 5 lakh to Rs 10 lakh).

  3. Which government initiative aims to make India a cashless, faceless and paperless digital economy, and what does its UPI platform stand for?

    Digital India; UPI stands for Unified Payments Interface, a real-time instant payment system developed by NPCI.

  4. What is the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and its key features?

    A government life insurance scheme offering Rs 2 lakh life cover for ages 18-50 at an annual premium of Rs 436 (revised), renewable yearly, linked to a bank account.

  5. Under which mission did India aim to provide piped drinking water to every rural household, and by what target year?

    Jal Jeevan Mission (Har Ghar Jal), launched in 2019, aiming to provide functional tap water connections to all rural households by 2024.

  6. What is the name of the international group of major emerging economies originally comprising Brazil, Russia, India, China and South Africa?

    BRICS; South Africa joined in 2010, expanding the original BRIC group. The bloc later added new members including Egypt, Ethiopia, Iran and the UAE.

  7. Where is the headquarters of the International Monetary Fund (IMF) and who is its current Managing Director?

    The IMF is headquartered in Washington, D.C., USA; its Managing Director is Kristalina Georgieva.

  8. What does the SWIFT system used in international banking stand for, and what is its primary function?

    Society for Worldwide Interbank Financial Telecommunication; it is a secure messaging network banks use to send standardized international payment and transfer instructions.

  9. Which global body sets international banking regulatory standards including the Basel Accords, and where is it based?

    The Basel Committee on Banking Supervision (BCBS), under the Bank for International Settlements (BIS), based in Basel, Switzerland.

  10. What is the World Bank's lending arm that provides loans to middle-income and creditworthy low-income countries, and where is the World Bank headquartered?

    The International Bank for Reconstruction and Development (IBRD); the World Bank is headquartered in Washington, D.C., USA.

  11. In cricket, which trophy is contested between India and Australia in Test series?

    The Border-Gavaskar Trophy, named after Allan Border and Sunil Gavaskar.

  12. How often are the Summer Olympic Games held and where were the 2024 Summer Olympics hosted?

    Every four years (a quadrennial event); the 2024 Summer Olympics were hosted in Paris, France.

  13. Which trophy is awarded to the winner of the football FIFA World Cup, and how often is the tournament held?

    The FIFA World Cup Trophy; the tournament is held every four years.

  14. In tennis, what are the four Grand Slam tournaments in calendar order?

    Australian Open (January), French Open / Roland Garros (May-June), Wimbledon (June-July), and US Open (August-September).

  15. What is India's highest sporting honour award, and what was it renamed to in 2021?

    It was the Rajiv Gandhi Khel Ratna Award, renamed in 2021 to the Major Dhyan Chand Khel Ratna Award.

  16. What is the highest civilian award of India, and which is the second highest?

    The Bharat Ratna is the highest civilian award; the Padma Vibhushan is the second highest.

  17. Which is the highest literary award in India, conferred by the Sahitya Akademi or the Jnanpith trust?

    The Jnanpith Award is India's highest literary honour, given for outstanding contribution to literature in Indian languages and English.

  18. What is the highest peacetime gallantry award of India, and the highest wartime gallantry award?

    The Ashoka Chakra is the highest peacetime gallantry award; the Param Vir Chakra is the highest wartime gallantry award.

  19. Which prize is awarded annually in categories including Peace, Literature, Physics, Chemistry, Medicine and Economic Sciences, and in which two cities are they presented?

    The Nobel Prize; most prizes are presented in Stockholm, Sweden, while the Nobel Peace Prize is presented in Oslo, Norway.

  20. What is the Mahatma Gandhi International Award for Peace and Reconciliation also known as in the film world for highest honour?

    In Indian cinema, the highest film award is the Dadasaheb Phalke Award, given for lifetime contribution to Indian cinema.

Show the other 30 General Awareness flashcards

  1. In banking, what is CASA and why do banks prefer a high CASA ratio?

    CASA stands for Current Account and Savings Account deposits; banks prefer a high CASA ratio because these are low-cost funds, reducing the bank's cost of funds and improving margins.

  2. What is a Non-Performing Asset (NPA) in banking?

    A loan or advance is classified as an NPA when interest or principal remains overdue for 90 days or more; it stops generating income for the bank.

  3. What does CRR (Cash Reserve Ratio) mean in banking?

    CRR is the percentage of a bank's total deposits (net demand and time liabilities) that it must keep as reserves with the RBI in cash, earning no interest.

  4. What is SLR (Statutory Liquidity Ratio)?

    SLR is the minimum percentage of net demand and time liabilities that a bank must maintain in the form of liquid assets such as cash, gold, or approved government securities.

  5. What is the difference between a debit card and a credit card?

    A debit card draws money directly from the holder's bank account, while a credit card lets the holder borrow funds from the issuer up to a credit limit, to be repaid later, often with interest.

  6. When was the State Bank of India (SBI) established, and what was its predecessor?

    SBI was established on 1 July 1955; it was formed from the Imperial Bank of India, which itself was created in 1921 by merging the three Presidency Banks.

  7. In which year were 14 major Indian commercial banks first nationalised, and under which Prime Minister?

    14 banks were nationalised in July 1969 under Prime Minister Indira Gandhi; a second round nationalised 6 more banks in 1980.

  8. What was the first bank established in India, and in which year?

    The Bank of Hindustan, established in 1770 in Calcutta, is generally regarded as the first bank in India (it later closed). The oldest surviving bank is often cited as the Allahabad Bank, founded in 1865.

  9. When was the Reserve Bank of India (RBI) established, and when was it nationalised?

    The RBI was established on 1 April 1935 under the RBI Act, 1934, and was nationalised on 1 January 1949.

  10. Which committee's recommendations led to the establishment of NABARD, and in what year was NABARD set up?

    The Shivaraman Committee recommendations led to NABARD (National Bank for Agriculture and Rural Development), established on 12 July 1982.

  11. What is the primary role of the Reserve Bank of India?

    The RBI is India's central bank; it formulates and implements monetary policy, issues currency, regulates and supervises banks, manages forex reserves, and acts as banker to the government and banks.

  12. What is the Repo Rate and how does the RBI use it?

    The repo rate is the rate at which the RBI lends short-term funds to commercial banks against securities; raising it makes borrowing costlier to curb inflation, while lowering it boosts liquidity and growth.

  13. What is the Reverse Repo Rate?

    The reverse repo rate is the rate at which the RBI borrows money from commercial banks, absorbing excess liquidity from the banking system. It is always lower than the repo rate.

  14. What is the RBI's Monetary Policy Committee (MPC), and what inflation target does it follow?

    The MPC is a six-member committee that sets the policy repo rate to maintain price stability; it targets CPI inflation of 4% with a tolerance band of +/- 2% (i.e., 2% to 6%).

  15. Who is currently the Governor of the Reserve Bank of India?

    Sanjay Malhotra is the Governor of the RBI, having taken charge in December 2024 as the 26th Governor.

  16. On what date is World Environment Day observed, and what is its host UN body?

    World Environment Day is observed on 5 June, led by the United Nations Environment Programme (UNEP).

  17. On what date is International Yoga Day celebrated, and which country proposed it?

    International Day of Yoga is celebrated on 21 June; it was proposed by India and adopted by the UN in 2014.

  18. On what date is World Health Day observed, and which organisation marks it?

    World Health Day is observed on 7 April, marking the founding of the World Health Organization (WHO) in 1948.

  19. On what date is Indian Republic Day celebrated and what does it commemorate?

    Republic Day is celebrated on 26 January, commemorating the coming into force of the Constitution of India in 1950.

  20. On what date is World Consumer Rights Day observed?

    World Consumer Rights Day is observed on 15 March.

  21. What is the capital of Australia?

    Canberra (not Sydney or Melbourne).

  22. What is the capital and currency of Japan?

    The capital of Japan is Tokyo and its currency is the Japanese Yen.

  23. What is the capital of Switzerland?

    Bern (Berne), not Geneva or Zurich.

  24. What are the capital and currency of Turkey?

    The capital of Turkey is Ankara and its currency is the Turkish Lira.

  25. What is the capital of Canada and its currency?

    The capital of Canada is Ottawa and its currency is the Canadian Dollar.

  26. Who wrote the book 'The God of Small Things', which won the Booker Prize in 1997?

    Arundhati Roy.

  27. Who is the author of 'Wings of Fire', an autobiography of a former Indian President?

    Dr. A.P.J. Abdul Kalam (co-authored with Arun Tiwari).

  28. Who wrote the ancient Indian treatise on statecraft and economics, the 'Arthashastra'?

    Chanakya (also known as Kautilya or Vishnugupta).

  29. Who is the author of the novel 'Midnight's Children', which won the Booker Prize and Booker of Bookers?

    Salman Rushdie.

  30. Who wrote 'A Brief History of Time', the famous popular science book on cosmology?

    Stephen Hawking.

IBPS PO General Awareness FAQ

What is in the IBPS PO General Awareness syllabus?

IBPS PO General Awareness is split into 3 chapters: Current Affairs, Banking Awareness and Static GK. Together they contain 10 topics.

How many chapters are in IBPS PO General Awareness?

3 chapters, containing 10 topics. The largest chapter is Current Affairs, with 4 topics.

Are there flashcards for IBPS PO General Awareness?

Yes — a 50-card General Awareness deck, printed in full in the flashcards section of this page and available in the Examius app with spaced repetition. The free plan covers one exam of your choice, including its flashcards; Examius Pro, a one-time purchase, unlocks every other exam and deck.