Dear Readers,
Welcome to the world of Banking and Financial Awareness. With SBI PO Prelims round the corner, it should be your priority to cover every aspect of Banking and Financial Awareness on daily basis. Let us see how many questions you attempt accurately.
Q1. Banking Ombudsman is appointed by-
(a) SEBI
(b) NABARD
(c) RBI
(d) Indian Government
(e) None of the above
Q2. Maximum age for retirement for MD/CEO of all private banks is?
(a) 60 years
(b) 65 years
(c) 70 years
(d) 75 years
(e) None of the above
Q3. Two new Savings Bank products for children namely ‘Pehla Kadam and Pehli Udaan’ introduced by-
(a) State Bank of India
(b) United Bank of India
(c) Axis Bank
(d) ICICI Bank
(e) Punjab National Bank
Q4. Apex institution which handles refinance for agriculture and rural development in India is:
(a) NABARD
(b) SEBI
(c) SIDBI
(d) IDBI
(e) None of the above
Q5. The private sector bank which recently allowed children above 10 years to open savings bank accounts after SBI is:
(a) PNB
(b) HDFC
(c) ICICI
(d) Axis Bank
(e) Bandhan Bank
Q6. IMF stands for-
(a) International Money Fund
(b) International Monetary Fund
(c) Indian Mutual Fund
(d) International Mutual Forum
(e) Industrial Mutual Fund
Q7. The Foreign Exchange Reserves of India are kept in the custody of-
(a) International Monetary Fund
(b) Reserve Bank of India
(c) State Bank of India
(d) Ministry of Finance
(e) None of the above
Q8. “Bank of Rajasthan” merged with which bank”-
(a) HDFC Bank
(b) ICICI Bank
(c) Axis Bank
(d) Punjab National Bank
(e) State Bank of India
Q9. ‘Drawer’ in the bank cheques is-
(a) Who receives the cheques
(b) Who encash the cheques
(c) Who issues the cheques
(d) All of the above
(e) None of the above
Q10. Initially, there were how many associate banks of State Bank of India in 1959?
(a) Seven
(b) Five
(c) Two
(d) Six
(e) Ten
Q11. Biggest tax paying sector in India is:
(a) Agricultural Sector
(b) Banking Sector
(c) Industrial Sector
(d) All of the above
(e) None of the above
Q12. UCO Bank is a major government-owned commercial bank of India. Expanded form of UCO Bank is?
(a) United Cooperative Bank
(b) Union Commercial Bank
(c) United Commercial Bank
(d) University Commercial Bank
(e) Universal Commercial Bank
Q13. TRIPS and TRIMS are associated with which organization-
(a) WTO
(b) IMF
(c) IDA
(d) AIIB
(e) WHO
Q14. Which are the first two Indian Banks has allowed to opening branches in Pakistan in August 2012?
(a) SBI and Bank of India
(b) Axis and HDFC Bank
(c) HDFC and ICICI Bank
(d) PNB and Bank of Baroda
(e) UCO Bank and Indian Bank
Q15. Which of the following is correct about ATM-?
(a) ATM is a computer which is dedicated to performing certain specific Jobs only
(b) ATM is a user-friendly machine and the customer does not require any training to use it
(c) ATM is totally menu driven which displays instructions to the customers step by step for operating the same
(d) All of the above
(e) None of the above
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