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Banking Awareness Quiz for SBI PO

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.
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Q1. Which of the following is/are used in the loan approval processes?
(a) Credit Information Report (CIR)
(b) CIBIL Score
(c) Both (a) and (b)
(d) STRIPS
(e) None of the above

Q2. How many digits are there in CIBIL score?
(a) 4
(b) 3
(c) 6
(d) 9
(e) 1

Q3. What is the full form of SEPA?
(a) Simple Euro Payments Area
(b) Simple Euro Payments Attempt
(c) Single Euro Payments Area
(d) Single Euro Payments Attempt
(e) Standard Euro Payments Area

Q4. Which of the following is merged with SEBI?
(a) CRISIL
(b) NABARD
(c) FMC
(d) CIBIL
(e) IDBI

Q5. The Chairman of SEBI is nominated by-
(a) Union Finance Ministry
(b) RBI
(c) Government of India
(d) All of the above
(e) President of India

Q6. _______________ is a standard format of Bank Identifier Codes(BIC) for banks to identify banks and financial institutions globally.
(a) RTGS
(b) IFSC
(c) NEFT
(d) SWIFT
(e) SEPA

Q7. Stock Holding Corporation of India Ltd (SHCIL) was established as a ________ company.
(a) Private Limited
(b) Unlimited
(c) Public limited
(d) Limited Liability Partnership
(e) None of the above

Q8. The National Stock Exchange (NSE) is the leading stock exchange in India and the fourth largest in the world by equity trading volume in 2015, according to World Federation of Exchanges (WFE). Where is the corporate office of NSE?
(a) Gurugram
(b) Chennai
(c) New Delhi
(d) Kolkata
(e) Mumbai

Q9. The Head Quarters of Society for Worldwide Interbank Financial Telecommunication (SWIFT)is located in ________
(a) Bern, Switzerland
(b) La Hulpe, Belgium
(c) Geneva, Switzerland
(d) New York, USA
(e) Vienna. Austria

Q10. How many codes are there in SWIFT code?
(a) 8
(b) 11
(c) 7
(d) Both (b) and (c)
(e) Both (a) and (b)

Q11. In which among the following year Stock Holding Corporation of India Ltd (SHCIL) was established?
(a) 1982 
(b) 1992
(c) 1986
(d) 1975
(e) 1856

Q12. What is the initial capital amount to start Small Finance Banks?
(a) 100 crore
(b) 200 crore
(c) 500 crore
(d) 1000 crore
(e) 1500 crore

Q13. The promoters of Small Finance Banks should have _______ experience in banking and finance?
(a) 8 years
(b) 11 years
(c) 7 years
(d) 10 years
(e) 14 years 

Q14. The State Bank of Sikkim was established in the year __________ and has a total of 41 branches including Head Office throughout the State of Sikkim.
(a) 1968
(b) 1958
(c) 1948
(d) 1978
(e) 1988

Q15. Which of the following is not regulated by Reserve Bank of India unlike other banks in India?
(a) State Bank of Sikkim
(b) ICICI
(c) IDBI
(d) Axis
(e) None of the above

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