NIACL AO 2024 Exam: The General Economy & Banking Awareness is an easy and scoring section of the NIACL AO 2024 Exam if prepared well. Unlike QA & Reasoning section where you may get surprised with tricky and tough questions, this section will ask you simple questions based on news. Although, the questions that this section invites are unpredictable but becomes easy for those candidates who read newspapers, and magazines daily, and keep an eye on the day-to-day news and events that make up the general knowledge. The topics asked in this section are related to marketing, banking, and finance. Therefore, you just need to cover the GA syllabus (especially via Mock Tests) and keep updated in order to fetch maximum marks in the actual exam. This section can also take little time to attempt the questions, because of the uncomplicated questions it tests you with. But to score maximum marks in it, you need to cover the complete syllabus, every topic, especially all the important topics that often get repeated in the Exam. In this article, we will discuss all those important topics for General/Financial Awareness and more to speed up your NIACL AO 2024 preparation.
The objective test is divided into four sections and consists of 200 multiple-choice questions. The total duration of this section is 2 hours and the exam is conducted in English and Hindi (except for the English Language section). Here is the detailed pattern:
Section | No. of Questions | Maximum Marks | Time Allotted |
---|---|---|---|
Reasoning Ability | 50 | 50 | 40 minutes |
English Language | 50 | 50 | 40 minutes |
General Awareness | 50 | 50 | 30 minutes |
Quantitative Aptitude | 50 | 50 | 40 minutes |
Total | 200 | 200 | 150 minutes |
The descriptive test evaluates a candidate’s writing skills in English. It consists of two tasks: Letter Writing and Essay Writing.
Test | No. of Questions | Maximum Marks | Time Allotted |
---|---|---|---|
Letter Writing & Essay | 2 | 30 | 30 minutes |
/NIACL AO Mains General Awareness section includes questions about the monetary policies, national and international monetary organizations (RBI, UNO, and IMF, etc.), personalities/persons in news, awards, and honours, and famous people and issues. You need to be well aware of all these topics to deal with the general awareness section.
Here, are some very important tips to crack the GA section & get a maximum score:
The questions that frequently come in the GA section every year are mostly taken from the day-to-day important happenings that took place around us in the last 6 months. Therefore, you need to keep yourself updated on the news related to banking policies, national and international financial events, and summits related to General Economy & Banking Awareness.
Read the newspapers, magazines, and books regularly. Regular newspaper reading will arm you with important facts, figures, and information, which you can use to substantiate your opinion in a GD and Interview. Besides, it will also help you in English Section, where your logical and language sense will improve and help you in crafting a scoring Letter Writing & Essay.
Watch reliable News channels like NDTV & Doordarshan. By it, you will get the latest updates, both current and sensational. Also, don’t forget to read the previous test papers to get an idea about the type of questions that are asked related to GA.
Use social media to get updated about news events. Subscribe to authentic social media pages that provide updated general knowledge related to banking Exams. Use the internet as a tool to gain information. Wikipedia and Youtube are some of the most useful platforms in this regard. There are multiple YouTube channels that provide authentic information related to bank Exams.
Task 1 | Mains Mock Test | NIACL AO Mains Mock Test |
Task 2 | Mains Free Quant Topic Test | NIACL AO Mains Quant Topic Test |
Task 3 | Mains Free Reasoning Topic Test | NIACL AO Mains Reasoning Topic Test |
Task 4 | Mains Free English Topic Test | NIACL AO Mains English Topic Test |
Task 5 | Mains Full Lenth Mock Test | NIACL AO Mains Full Lenth Mock Test |
For Revision | Previous Year Paper | NIACL AO Previous Year Question Paper |
Since the banking sector is closely related to money, the market, and policies that affect the banking industry, it becomes crucial to know current affairs and have enough knowledge about common banking terms. To make your preparation easy and swift, you should take Mock Tests to speed up the process and test your strengths and weaknesses. Take regular Mock Tests is eliminate your weaknesses and strengthen your strengths more than ever before and succeed just like toppers do.
NIACL AO Syllabus 2024 | NIACL AO Salary 2024 |
NIACL AO Cut Off 2024 | NIACL AO Previous Year Question Paper |
Scoring 40+ marks in the General Awareness section can significantly boost your overall score and increase your chances
Focus on the last 6 months of current affairs, with a special emphasis on the past 3 months, as questions are likely to come from recent events.
Use reliable resources like The Hindu newspaper, AffairsCloud, GKToday, monthly current affairs magazines, and standard GK books like Lucent’s General Knowledge.
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