Mains Syllabus of Federal Bank PO Exam 2024
1. General Awareness
1.1 Current Affairs:
- National: Major events, policies, schemes, and initiatives of the Indian government.
- International: Global events, major international organizations, and their activities.
- Banking and Finance: Recent developments in the Indian banking and financial sector, including RBI policies, new regulations, and financial market trends.
- Economy: Key economic indicators, government budgets, and economic reforms.
- Science and Technology: Major scientific discoveries, technological advancements, and their impact on society.
- Sports: Major sporting events and achievements of Indian athletes.
- Culture and Heritage: Important cultural events, festivals, and heritage sites.
1.2 Static GK:
- Indian History: Ancient, Medieval, and Modern India, including important personalities, movements, and events.
- Indian Geography: Physical features, climate, natural resources, and major industries.
- Indian Polity: Constitution of India, fundamental rights and duties, important institutions, and governance.
- Indian Economy: Economic structure, major sectors, and challenges.
- General Science: Basic concepts of physics, chemistry, and biology.
1.3 Banking Awareness:
- History and Structure of Indian Banking: Evolution of the banking system, types of banks, and their functions.
- RBI and its Functions: Role of the Reserve Bank of India in regulating and supervising the banking sector.
- Banking Products and Services: Different types of accounts, loans, and other financial products offered by banks.
- Financial Inclusion: Initiatives and schemes aimed at promoting financial inclusion in India.
- Digital Banking: Mobile banking, internet banking, and other digital banking services.
1.4 Current Trends in Banking:
- FinTech: Impact of technology on the banking sector, including blockchain, artificial intelligence, and big data.
- Open Banking: Sharing of customer data between banks and third-party providers.
- Sustainable Banking: Initiatives to promote environmentally and socially responsible banking practices.
- Cybersecurity: Threats and challenges to the banking sector from cyberattacks.
2. Reasoning Ability
2.1 Verbal Reasoning:
- Analogies: Identifying relationships between words or concepts.
- Classification: Grouping items based on shared characteristics.
- Series: Identifying patterns in sequences of numbers, letters, or words.
- Coding-Decoding: Deciphering codes and messages.
- Blood Relations: Understanding family relationships and solving problems based on them.
- Direction Sense: Determining directions and distances based on given information.
- Logical Deduction: Drawing conclusions from given statements.
- Critical Reasoning: Analyzing arguments and identifying fallacies.
- Verbal Logic: Solving problems based on logical reasoning and verbal skills.
2.2 Non-Verbal Reasoning:
- Figure Series: Identifying patterns in sequences of figures.
- Analogy: Identifying relationships between figures.
- Classification: Grouping figures based on shared characteristics.
- Mirror Image: Identifying the mirror image of a given figure.
- Water Image: Identifying the water image of a given figure.
- Paper Folding and Cutting: Solving problems based on folding and cutting paper.
- Cube and Dice: Solving problems based on the properties of cubes and dice.
- Spatial Reasoning: Visualizing and manipulating objects in space.
2.3 Data Interpretation:
- Tables: Analyzing and interpreting data presented in tables.
- Graphs: Analyzing and interpreting data presented in bar graphs, line graphs, pie charts, etc.
- Charts: Analyzing and interpreting data presented in charts.
- Data Sufficiency: Determining whether the given information is sufficient to solve a problem.
3. Quantitative Aptitude
3.1 Arithmetic:
- Number System: Properties of numbers, divisibility rules, HCF and LCM, etc.
- Percentage: Calculating percentages, profit and loss, simple and compound interest, etc.
- Ratio and Proportion: Solving problems involving ratios and proportions.
- Average: Calculating averages and weighted averages.
- Time and Work: Solving problems related to time, work, and efficiency.
- Time and Distance: Solving problems related to speed, distance, and time.
- Speed, Time, and Distance: Calculating speed, time, and distance based on given information.
- Mixture and Alligation: Solving problems involving mixtures and alligations.
- Problems on Ages: Solving problems related to ages.
3.2 Algebra:
- Linear Equations: Solving linear equations in one or two variables.
- Quadratic Equations: Solving quadratic equations and finding roots.
- Inequalities: Solving inequalities and representing solutions on a number line.
- Surds and Indices: Simplifying expressions involving surds and indices.
- Logarithms: Solving problems involving logarithms.
3.3 Geometry:
- Lines and Angles: Properties of lines, angles, and triangles.
- Triangles: Properties of triangles, congruence, similarity, etc.
- Quadrilaterals: Properties of quadrilaterals, squares, rectangles, etc.
- Circles: Properties of circles, chords, tangents, etc.
- Mensuration: Calculating areas and volumes of various shapes.
3.4 Data Interpretation:
- Tables: Analyzing and interpreting data presented in tables.
- Graphs: Analyzing and interpreting data presented in bar graphs, line graphs, pie charts, etc.
- Charts: Analyzing and interpreting data presented in charts.
- Data Sufficiency: Determining whether the given information is sufficient to solve a problem.
4. English Language
4.1 Reading Comprehension:
- Comprehension of Passages: Understanding the main idea, supporting details, and author’s tone in passages.
- Inference and Interpretation: Drawing conclusions and making inferences from the given text.
- Vocabulary: Understanding the meaning of words and phrases in context.
- Critical Analysis: Evaluating the author’s arguments and identifying biases.
4.2 Grammar:
- Parts of Speech: Understanding the different parts of speech and their functions.
- Tenses: Using tenses correctly to express time.
- Subject-Verb Agreement: Ensuring that the subject and verb agree in number and person.
- Articles: Using articles (a, an, the) correctly.
- Prepositions: Using prepositions correctly to show relationships between words.
- Conjunctions: Using conjunctions to connect words, phrases, and clauses.
- Sentence Structure: Understanding the different types of sentences and their structures.
- Punctuation: Using punctuation marks correctly to clarify meaning.
4.3 Vocabulary:
- Synonyms and Antonyms: Identifying words with similar and opposite meanings.
- Idioms and Phrases: Understanding the meaning of common idioms and phrases.
- One-Word Substitutions: Replacing phrases with single words.
- Word Formation: Understanding how words are formed through prefixes, suffixes, and roots.
4.4 Composition:
- Paragraph Writing: Writing coherent and well-structured paragraphs.
- Essay Writing: Writing essays on various topics, including argumentative, descriptive, and narrative essays.
- Letter Writing: Writing formal and informal letters.
- Précis Writing: Summarizing a given passage in a concise and accurate manner.
5. Computer Knowledge
5.1 Basics of Computers:
- Hardware: Understanding the components of a computer system, including the CPU, RAM, hard drive, etc.
- Software: Understanding the different types of software, including operating systems, applications, and utilities.
- Networking: Basic concepts of computer networks, including LAN, WAN, and the internet.
- Internet and Web: Understanding how the internet works and the basics of web browsing.
- MS Office Suite: Basic knowledge of Microsoft Word, Excel, PowerPoint, and Outlook.
5.2 Computer Security:
- Cybersecurity Threats: Understanding common cybersecurity threats, including viruses, malware, phishing, etc.
- Data Security: Understanding the importance of data security and best practices for protecting data.
- Password Management: Creating strong passwords and using password managers.
- Firewall and Antivirus: Understanding the role of firewalls and antivirus software in protecting computers.
5.3 Emerging Technologies:
- Cloud Computing: Understanding the basics of cloud computing and its benefits.
- Artificial Intelligence (AI): Basic understanding of AI and its applications.
- Blockchain Technology: Understanding the basics of blockchain technology and its potential applications.
- Internet of Things (IoT): Understanding the concept of IoT and its impact on various industries.
6. General Banking Knowledge
6.1 Banking Operations:
- Types of Accounts: Understanding different types of bank accounts, including savings accounts, current accounts, and fixed deposits.
- Loan Products: Understanding different types of loans offered by banks, including home loans, personal loans, and business loans.
- Payment Systems: Understanding different payment systems, including NEFT, RTGS, and UPI.
- Banking Regulations: Understanding the regulations governing the banking sector in India.
- Customer Service: Understanding the importance of customer service in banking.
6.2 Financial Markets:
- Money Market: Understanding the money market and its instruments.
- Capital Market: Understanding the capital market and its instruments.
- Foreign Exchange Market: Understanding the foreign exchange market and its operations.
- Derivatives Market: Understanding the derivatives market and its instruments.
6.3 Financial Institutions:
- RBI: Understanding the role of the Reserve Bank of India in regulating the banking sector.
- SEBI: Understanding the role of the Securities and Exchange Board of India in regulating the capital market.
- IRDAI: Understanding the role of the Insurance Regulatory and Development Authority of India in regulating the insurance sector.
6.4 Financial Products:
- Mutual Funds: Understanding mutual funds and their different types.
- Insurance: Understanding different types of insurance, including life insurance, health insurance, and property insurance.
- Bonds: Understanding bonds and their different types.
- Shares: Understanding shares and their different types.
7. Financial Inclusion
7.1 Importance of Financial Inclusion:
- Economic Growth: How financial inclusion contributes to economic growth and development.
- Poverty Reduction: How financial inclusion helps reduce poverty and inequality.
- Social Empowerment: How financial inclusion empowers individuals and communities.
7.2 Initiatives for Financial Inclusion:
- Government Schemes: Understanding government schemes aimed at promoting financial inclusion, such as Pradhan Mantri Jan Dhan Yojana and Mudra Yojana.
- Financial Institutions: Understanding the role of financial institutions in promoting financial inclusion.
- Technology: Understanding the role of technology in promoting financial inclusion, such as mobile banking and digital payments.
7.3 Challenges to Financial Inclusion:
- Lack of Awareness: Understanding the challenges posed by lack of awareness about financial products and services.
- Financial Literacy: Understanding the challenges posed by low financial literacy levels.
- Access to Services: Understanding the challenges posed by limited access to financial services in rural and remote areas.
8. Economic and Social Issues
8.1 Indian Economy:
- Economic Growth: Understanding the factors driving economic growth in India.
- Inflation: Understanding the causes and consequences of inflation.
- Unemployment: Understanding the causes and consequences of unemployment.
- Fiscal Policy: Understanding the role of fiscal policy in managing the economy.
- Monetary Policy: Understanding the role of monetary policy in managing the economy.
8.2 Social Issues:
- Poverty: Understanding the causes and consequences of poverty in India.
- Inequality: Understanding the causes and consequences of inequality in India.
- Education: Understanding the challenges and opportunities in the education sector.
- Healthcare: Understanding the challenges and opportunities in the healthcare sector.
- Environment: Understanding the environmental challenges facing India.
9. Current Trends in Banking
9.1 Digital Banking:
- Mobile Banking: Understanding the features and benefits of mobile banking.
- Internet Banking: Understanding the features and benefits of internet banking.
- Digital Payments: Understanding the different types of digital payments, including UPI, BHIM, and Paytm.
- FinTech: Understanding the impact of FinTech on the banking sector.
9.2 Open Banking:
- Data Sharing: Understanding the concept of open banking and how it enables data sharing between banks and third-party providers.
- Innovation: Understanding how open banking fosters innovation in the financial services industry.
- Customer Benefits: Understanding the benefits of open banking for customers.
9.3 Sustainable Banking:
- Environmental Sustainability: Understanding the role of banks in promoting environmental sustainability.
- Social Responsibility: Understanding the role of banks in promoting social responsibility.
- ESG Investing: Understanding the concept of ESG investing and its impact on the banking sector.
9.4 Cybersecurity:
- Cybersecurity Threats: Understanding the cybersecurity threats facing the banking sector.
- Data Breaches: Understanding the consequences of data breaches in the banking sector.
- Cybersecurity Measures: Understanding the cybersecurity measures that banks are taking to protect themselves and their customers.
10. Ethics and Values
- Integrity: Understanding the importance of integrity in banking.
- Transparency: Understanding the importance of transparency in banking.
- Accountability: Understanding the importance of accountability in banking.
- Customer Focus: Understanding the importance of customer focus in banking.
- Professionalism: Understanding the importance of professionalism in banking.
Table 1: Important Financial Institutions and their Functions
Institution | Function |
---|---|
Reserve Bank of India (RBI) | Regulates and supervises the banking sector, manages the country’s currency, and implements monetary policy. |
Securities and Exchange Board of India (SEBI) | Regulates the capital market, including stock exchanges, mutual funds, and other financial instruments. |
Insurance Regulatory and Development Authority of India (IRDAI) | Regulates the insurance sector, including life insurance, health insurance, and property insurance. |
National Bank for Agriculture and Rural Development (NABARD) | Provides credit and other financial services to the agricultural and rural sectors. |
Small Industries Development Bank of India (SIDBI) | Provides financial assistance to small and medium enterprises (SMEs). |
Export-Import Bank of India (EXIM Bank) | Provides financial assistance to exporters and importers. |
Table 2: Key Economic Indicators
Indicator | Definition |
---|---|
Gross Domestic Product (GDP) | The total value of goods and services produced in a country in a given period. |
Inflation | A sustained increase in the general price level of goods and services. |
Unemployment Rate | The percentage of the labor force that is unemployed. |
Fiscal Deficit | The difference between government spending and government revenue. |
Current Account Deficit | The difference between a country’s exports and imports of goods and services. |
Foreign Exchange Reserves | The amount of foreign currency held by a country’s central bank. |
Frequently Asked Questions (FAQs) and Short Answers for Federal Bank PO Mains Syllabus 2024
General Awareness:
Q: What are some important recent events in the Indian banking sector?
A: RBI’s monetary policy changes, new regulations on digital lending, and the rise of FinTech companies are key recent developments.
Q: What are the major challenges facing the Indian economy?
A: Inflation, unemployment, and income inequality are some of the major challenges.
Q: What are some important initiatives taken by the Indian government for financial inclusion?
A: Pradhan Mantri Jan Dhan Yojana and Mudra Yojana are prominent examples.
Reasoning Ability:
Q: What are some common types of logical reasoning questions?
A: Analogies, classifications, series, coding-decoding, and blood relations are frequently asked.
Q: How can I improve my data interpretation skills?
A: Practice analyzing tables, graphs, and charts, and focus on understanding trends and patterns.
Quantitative Aptitude:
Q: What are some important topics in arithmetic?
A: Percentage, ratio and proportion, average, time and work, and time and distance are crucial.
Q: How can I solve problems involving quadratic equations?
A: Learn to factorize quadratic equations and use the quadratic formula.
English Language:
Q: How can I improve my reading comprehension skills?
A: Practice reading different types of passages, identify the main idea, and analyze the author’s tone.
Q: What are some common grammatical errors to avoid?
A: Pay attention to subject-verb agreement, tense usage, and correct article usage.
Computer Knowledge:
Q: What are some basic computer hardware components?
A: CPU, RAM, hard drive, and motherboard are essential components.
Q: What are some common cybersecurity threats?
A: Viruses, malware, phishing, and ransomware are major threats.
General Banking Knowledge:
Q: What are the different types of bank accounts?
A: Savings accounts, current accounts, and fixed deposits are common types.
Q: What are some important financial markets?
A: Money market, capital market, foreign exchange market, and derivatives market are key markets.
Financial Inclusion:
Q: What are the benefits of financial inclusion?
A: It promotes economic growth, reduces poverty, and empowers individuals.
Q: What are some challenges to financial inclusion?
A: Lack of awareness, low financial literacy, and limited access to services are major challenges.
Economic and Social Issues:
Q: What are some key economic indicators?
A: GDP, inflation, unemployment rate, and fiscal deficit are important indicators.
Q: What are some major social issues in India?
A: Poverty, inequality, education, healthcare, and environmental challenges are significant issues.
Current Trends in Banking:
Q: What are the benefits of digital banking?
A: Convenience, accessibility, and cost-effectiveness are key benefits.
Q: What is open banking?
A: It allows banks to share customer data with third-party providers, fostering innovation and competition.
Q: What is sustainable banking?
A: It involves promoting environmentally and socially responsible banking practices.
Ethics and Values:
Q: What are some important ethical values in banking?
A: Integrity, transparency, accountability, customer focus, and professionalism are crucial values.