Learn the stable core first: RBI and its functions, monetary policy tools, types of banks, key Acts, NPAs, payment systems and financial inclusion. Read definitions, make one-page notes, and check current rates on the RBI website.
Static banking is the part of GA you can finish early. It does not change every month, so you can prepare it before Prelims and only revise it later. It sits inside the 50-question General/Financial Awareness section of Mains.
Core topics in order
- RBI: set up under the RBI Act, 1934; began operations on 1 April 1935; functions (monetary authority, regulator, issuer of currency, banker to government and banks, manager of foreign exchange).
- Monetary policy tools: repo rate, standing deposit facility, marginal standing facility, bank rate, CRR, SLR, open market operations. Learn what each does, then check the current values on the RBI site before the exam.
- Types of banks: public, private, foreign, regional rural, small finance, payments, cooperative banks.
- Key laws: Banking Regulation Act, 1949; RBI Act, 1934; the SARFAESI Act; the Insolvency and Bankruptcy Code.
- Asset quality: what an NPA is (generally a loan overdue for more than 90 days), standard, sub-standard, doubtful and loss assets.
- Payment systems: NEFT, RTGS, IMPS, UPI, cheque truncation, NACH.
- Financial inclusion: major schemes for accounts, insurance and pensions.
- Banking terms: CASA, base rate vs MCLR vs external benchmark lending, Basel norms, KYC.
How to study it
| Step | Time |
|---|---|
| Read one topic from a reliable source | 30 min |
| Write a one-page note in your own words | 15 min |
| Solve 20 questions on it | 15 min |
| Revise the note after 3 days and 10 days | 5 min each |
- SBI: Recruitment of Junior Associates 2026, detailed advertisement (CRPD/CR/2026-27/17)
- Reserve Bank of India (official website)
Rules can change with each notification. Confirm on sbi.bank.in/web/careers.
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