Banking Awareness Questions for SBI PO Mains Exam

Dear Readers,

Just a few days are left for SBI PO Mains Examination. It is time to pace up your preparation of Banking Awareness for SBI PO. These Banking questions will also help you in preparing for other upcoming banking recruitment examination.

Q1. The Doing Business Report” is prepared by which of the following organisations every year?

(a) Asian Development Bank (ADB)

(b) World Bank (WB)

(c) New Development Bank (NDB)

(d) World Trade Organization (WTO)

(e) None of the given options is true

Q2. Which of the following cannot be called as a debt instrument as referred in financial transactions?

(a) Certificate of Deposits

(b) Bonds

(c) Stock

(d) Commercial Paper

(e) None of the given options is true

Q3. Which of the following is not a type of cheque issued by an individual

(a) Bearer Cheque

(b) Crossed Cheque

(c) Order Cheque

(d) Savings Cheque

(e) None of the given options is true

Q4. “World Investment Report” is annually published by-

(a) IBRD

(b) WTO

(c) IMF

(d) UNCTAD

(e) ADB

Q5. Treasury bills are issued in India by ______

(a) RBI

(b) State Government

(c) Government of India

(d) SEBI

(e) NABARD

Q6. BCSBI was set up to ensure that the common person as a consumer of financial services from the banking Industry is in no way at a disadvantageous position and really gets what he/she has been promised. BCSBI stands for-?

(a) Branch Codes and Standards Board of India

(b) Banking Codes and Stability Board of India

(c) Banking Codes and Standards Bank of Industry

(d) Banking Codes and Society Board of Investment

(e) Banking Codes and Standards Board of India

Q7. When was the currency system in India converted into the decimal system?

(a) April 01st 1959

(b) April 01st 1957

(c) April 01st 1955

(d) April 01st 1953

(e) April 01st 1951

Q8. Which of the following field Dalal Street in Mumbai is famous?

(a) NABARD

(b) Stock Exchange

(c) RBI

(d) SEBI

(e) Commerce and industry ministry

Q9. Deposits which can be withdrawn by a customer without notice is called?

(a) Time Deposits

(b) Demand Deposits

(c) Variable Deposits

(d) Low-cost Deposits

(e) None of the given options is true

Q10. Which of the following is not e-banking software?

(a) ECS

(b) RTGS

(c) PIPS

(d) NEFT

(e) M-Banking

Q11. ICRA, CRISIL, and Standard and Poor’s (S&P) are?

(a) Financial Institutions

(b) NGOs

(c) NBFCs

(d) Credit Rating Agencies

(e) None of the given options is true

Q12. Which of the following is not a member of the World Bank Group?

(a) International Development Association (IDA)

(b) International Bank for Reconstruction and Development (IBRD)

(c) International Finance Corporation (IFC)

(d) Bank of International Settlement (BIS)

(e) Multilateral Investment Guarantee Agency (MIGA)

Q13. Indian Banking Regulation Act was passed in the year-

(a) 1989

(b) 1968

(c) 1949

(d) 1948

(e) 1935

Q14. Which of the following is an apex institution in the field of Industrial Finance?

(a) Industrial Reconstruction Bank of India

(b) Industrial Finance Corporation of India

(c) Industrial Development Bank of India

(d) Industrial Credit & Investment Corporation of India

(e) None of the given options is true

Q15. The beneficiary can expect to get credit for the NEFT transactions within ______ business hours.

(a) two

(b) three

(c) one

(d) four

(e) ten

Banking Awareness Questions for SBI PO Mains Exam (Solutions)

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