Current Affairs for MBA Exam: XAT, IIFT, SNAP, CMAT, MAT

Current affairs, also known with the names of general knowledge and general awareness, is a vital part of any entrance exam conducted for an MBA. Current affairs are also one of the easiest sections to solve if you are in touch with and are updated with the latest news and happenings around the world. The best things about preparing for this section is that one doesn’t need stacks of books to get the knowledge, all the required information can be gained from the internet or by reading the newspaper daily. As time today is modernizing and more people are switching up to more technological equipment, the information that we need is just a click away. In this article by Careers360, we will be discussing the general awareness section of the MBA exam, how many exams have this section, how to prepare for current affairs and frequently asked questions related to the general knowledge.

Current Affairs Pattern for MBA Exam

Let us first dive into the general awareness section and know what it consists of, how many marks is this section of, and so on. The general awareness section on an average of 30-35 questions. To be precise, XAT and CMAT have 25 questions, MAT has 40 questions, IIFT has 18 questions and SNAP has 30 questions.

Candidates will be awarded 1 mark for each correct answer in XAT and MAT but in CMAT, candidates will get 4 marks. In IIFT, candidates will be awarded a 0.50 mark.

How to Prepare for the Current Affairs for MBA Exam

As mentioned above, the easiest way to prepare for the general awareness section of the MBA exam is to pick up the newspapers and starting them. The questions that will be asked from the topics such as:

• Economy

• Indian Politics

• Business and Corporate News

• Organisations

• New Developments in Science and Technology

• People in the News

• Sports

• Miscellaneous

Preparing for these topics is not very difficult. With proper planning and strategizing, you can easily ace this section. Let’s start off with the topic-wise preparation.

Economy: The questions in the current affairs section will be related to the World Economy and Indian Economy. Around 5-10 questions will be asked about this topic. To prepare for this topic, you should keep track of the major economic and financial decisions of the union government. The focus should mainly be on the budget, GDP, inflation, and related.

Indian Politics: All the important laws, constitutional amendments, government, and other such sub-topics will be covered in this. Reading the newspaper daily, surfing the internet to get knowledge regarding the constitution and hitting the GK books will help you prep up for current affairs.

Business and Corporate News: This is an important topic for the SNAP and IIFT entrance exam. Questions related to taglines, mottos, mergers and acquisitions will be asked. There are best books to prepare for this topic, or searching for the same on the internet will be equally helpful to boost up your knowledge for the current affairs section for the MBA exams.

Organisations: The major events and decisions made by the Indian and International organisations will be taken into accounts and related questions will be asked. Major organisational news is also important. You can prepare for this topic by reading the business section of the newspaper, reading organisational and business-oriented books.

New Developments in Science and Technology: The questions will be in relation to IT, defence, communication, pharmaceuticals, biotechnology, space, etc. Reading the newspaper, educational magazines, surfing the internet will help you gain knowledge about the same.

People in News: People who have made it on the news for various reasons like people honoured for their deeds, authors, awardees, etc. are the type of questions that will be asked from this topic. You have to engage yourself with the newspapers, the latest GK books, search for the relevant information on the internet to help you get the knowledge of the same.

Sports: As the topic suggests, all the news and facts related to sports will be the type of questions that will be asked. Most of the candidates already have a lot of information regarding sports. To hone the knowledge of sports, you can dive into the sportsbooks that are available in every library, or you can read the sports section of the newspaper, or you can opt for the internet.

Miscellaneous: Other important topics like the culture of India, major Indian and international day celebrations and other such things will be the type of questions that will be asked from this topic. Newspaper, the internet, books, magazines will be helpful to gain the knowledge needed.