SIDBI Grade A 2023-Preparation Strategy for General Awareness

Anybody who wants to clear the SIDBI Grade A exam, he/she will have to clear the 2 phases of the exam: an online written exam and an interview. If you are interested in clearing the SEBI Grade A 2022-23 exam, you must seriously start your preparation now. The competition will be tough. If you’ll start studying today you’ll stay ahead of many other candidates who begin their preparations when the notification comes. Similar is the case with GA (General Awareness) preparation. Most students neglect this section, whereas this is the most scoring section of all.

Today, we’ll discuss how you can make the most of this section via daily SIDBI Grade A Mock Tests practice and use it to clear the exam!

Take 1 Free SIDBI Grade A Mock Test to Know How Prepared you are to take the GA questions & how you can master this section!

SIDBI Grade A 2022-Revised Online Written Examination Pattern

In the online written exam, SIDBI Grade A has a General awareness section that consists of 50 questions. Given below is the changed exam pattern of the SIDBI Grade A 2022-23 exam:

Name of the Test	Type of Test	Number of Questions	Maximum Marks	Time
English Language	Objective	30	30	20 Minutes
General Awareness (with special reference to the Banking and Financial sector and Economic & Social Issues)	Objective	50	50	30 Minutes
Reasoning	Objective	40	60	40 Minutes
Quantitative Aptitude	Objective	40	60	30 Minutes
Total		160	200	120 Minutes
Online Descriptive Test (English)- Comprising of two Essays on Financial/Banking/Economic/Social issues in India (20 Marks each) and one on Business Letter Writing (10 Marks) Note: It is essential to attempt all three questions	Descriptive	3	50	60 Minutes
Total		163	250	180 Minutes

Note:

• The online written exam will consist of 163 questions. It will be out of 250 marks, which will also include 50 marks in the Descriptive English section.
• 1/4th mark will be deducted for every wrong answer.
• Descriptive papers of those candidates will be evaluated who clear the Objective type of tests.

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SIDBI Grade A 2022-23: General Awareness Syllabus

The SIDBI Grade A General Awareness syllabus is vast but easy to cover if you start preparing it from the very beginning. The GA syllabus can be divided into four parts to understand the syllabus better.

Let’s delve into each part properly!

Banking & Financial Sector

• You must read about the Regulators (RBI, SEBI, IRDAI, PFRDA) and AIFIs (NHB, SIDBI, EXIM Bank, NABARD, NaBFID) and their existence, key functions, chairmen, and the Acts from which they derive their powers.
• Types of Banks and NBFCs
• Basics of Money Market
• Basics of Capital Market
• Payment systems and related terms
• Banks and HQ and their Heads
• RBI related news
• Bank related news

Economic and Social Issues

• The major focus will be on the MSME sector and MSME schemes
• International Organisations- IMF, WTO, World Bank
• Balance of Payments
• Financial Inclusion Schemes and FI Index
• PSL basics
• Union Budget 2022 and Economic Survey 2022
• SDG and Human Development
• Economic, National and international news

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Static GK

• Capitals & Currencies
• Indian States and Capitals
• Important Days and Themes

Other News

• Sports
• Appointments/Obituaries
• Important Books-Authors
• Any Summits, key events
• Any Awards in the news

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SIDBI Grade A 2022-23: Important or Expected Topics

Questions on Banking & Finance- static & dynamic

Questions on Union Budget & Economic Survey

Questions on Economic & Social Issues- static

Scheme based Questions

Questions on Sports

Questions on Awards

Questions on Appointments

Questions on Important Days

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SIDBI Grade A Preparation Strategy for General Awareness

General Awareness is also one of the most important scoring sections of the SIDBI Grade A exam. This section can be a game-changer for you. You can easily score 40+ in this section if you’ll cover the Current Affairs of the last 6 months. As the General Awareness section consists of 50 questions, it becomes important to understand the need to excel to boost the overall score.

The questions that come in the exam can be divided into 4 major categories given below:

1. Banking and Financial sector

This category attracts the maximum number of questions in the GA section of the online exam. The questions asked can be further divided into 2 parts:

1. Current
2. Static

The static questions asked are related to the current news. Therefore, you need to study the topics that are in the news. For instance, if there are any changes in rules about NBFC by RBI then the focus should be on what is NBFC, Major NBFC in India, etc. The topics in this category include:

• SIDBI: history, functions, notifications, schemes
• Headquarters and functions of various financial institutions: Payment Banks, Neo Banks, etc.
• Major Regulators: PFRDA, RBI, SEBI, IRDAI: their notifications, rules changes, reports
• All India Financial Institutions: SIDBI, EXIM bank, NABARD, NHB, and the most latest National Bank for Financing Infrastructure and Development (NaBFID).
• Money market Basics: Bonds, Derivatives, Shares, Buy Backs.

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2. Economic and social issues

This section focuses more on the current affairs section. You should have a good knowledge of the national news and the schemes related to the MSME sector, Women, Employment generation, Etc. So, you need to focus on topics like:

• MSME sector
• MSME schemes
• Reports of NITI Aayog, International Institution: IMF, WTO
• Balance of payments
• New Government schemes and policies
• Budget allocations
• Financial inclusion-related news
• PSL Basics
• SDG and human development-related news

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3. Static GA

This section has 20% weightage but cannot be neglected by the students:

• Important days
• Countries and capitals
• State CM, governors if there are new appointments
• Important places

4. Miscellaneous

This section includes multiple topics ranging from Sports News to Defense News. It includes topics like:

1. Sports News
2. Science and Technology
3. Appointments
4. Summits
5. Books
6. Obituaries
7. Defense news

How many questions to expect from each part?

Be ready to face around 15-20 questions from the Banking and Financial sector. You can easily solve these questions if you practice as many questions as possible via Mock Tests. You need to remember a lot of definitions and facts. Go through the Reserve Bank of India’s FAQs website to cover the most important Banking Awareness points. Be ready to face around 20 questions from Current Affairs. You have to cover the Current Affairs of the last 6 months. Plus, keep reading a standard newspaper as mentioned above. Be ready to face around 10-15 questions from the Economics & Social Issue part. Go through the RBI Grade B and NABARD Grade A question papers to know the type of questions that can be asked in the upcoming exam. Pay close attention to the social structure and economic development-related topics.

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Mock Tests

Don’t forget that Mock tests play an important role in your SIDBI Grade A preparation. Practice is the ultimate key to your success. Therefore, you must take SIDBI Assistant Manager mock tests daily to pinpoint your weaknesses and strengths and keep increasing your speed and accuracy in solving the questions on every section of the SIDBI Grade A exam.