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Sample Questions of General/Economy Banking Awareness for SBI PO Main Exam 2016-Set 1

Jul 20, 2016 16:17 IST

    SBI is all set to conduct the Mains exam for recruitment of Probationary officer (PO) on 31st July. The prelims results are out and everybody is busy giving finishing touches to their preparation for the exam. 

    Here the banking team of jagran josh is providing sample questions of General/Economy Banking Awareness that will be useful for the candidates appearing for SBI PO Main examination 2016.

    The Main examination would be of objective type and would be of 3 hours duration. The candidates are required to qualify in each of the tests by securing passing marks, to be decided by banks.


    Name of Test

    No. of Questions



    Reasoning and Computer Aptitude




    Data Analysis and Interpretation




    General/ Economy/ Banking Awareness




    English Language







    Sample Question of General/Economy Banking Awareness

    1. What is the expanded from of FPI as used in banking and finance?

    a) Forward Portfolio Investor

    b) Foreign Preferential Investor

    c) Financial Portfolio Investor

    d) Foreign Portfolio Investment

    e) None of these

    2. Name the recently added 189th member of the IMF and the World Bank.

    a) Nauru

    b) South Sudan

    c) Honshu

    d) Luzon

    e) None of these

    3. The New Development Bank (NDB) has chosen which Indian bank for its first tie-up with any bank in India to explore opportunities?

    a) HDFC Bank

    b) ICICI Bank

    c) SBI

    d) PNB

    e) UCO Bank

    4. Quito is the Capital city of-

    a) Poland

    b) Canada

    c) Norway

    d) Ecuador

    5. Loans to individual for educational purposes, up to what amount, are eligible for classification under priority sector lending by banks?

    a) Rs. 8 Lakh

    b) Rs. 10 Lakh

    c) Rs. 12 Lakh

    d) Rs. 15 Lakh

    e) Rs. 20 Lakh

    6. How many Banking Ombudsmen are there across the country at present?

    a) 8

    b) 10

    c) 12

    d) 15

    e) 18

    7. The IMF, in its recent forecast, retained India's growth forecast at what per cent for FY 17?

    a) 6. 7 per cent

    b) 6.9 per cent

    c) 7.3 per cent

    d) 7.1 per cent

    e) 7.5 per cent

    8. Which of the following banks has its headquarters situated in Mumbai?

    a) SBI

    b) Allahabad Bank

    c) Punjab National Bank

    d) Indian Overseas Bank

    e) UCO Bank

    9. The first regional office of the New Development Bank (NDB) or BRICS Bank will be opened in-

    a) Mumbai

    b) Beijing

    c) Brasilia

    d) Sochi

    e) Johannesburg

    10. Which of the following is NOT an officially valid document for the purpose of opening an account with a bank?

    a) Aadhaar Card

    b) NREGA Card

    c) Driving Licence

    d) Passport

    e) None of these

    11.  You cannot access which of the following services at an automated teller machine (ATM)?

    a) Account Information

    b) Cash Deposit

    c) Fund Transfer

    d) Request for Cheque Book

    e) None of these

    12. What is the tagline of Bharatiya Mahila Bank?

    a) Empowering Women-Empowering India

    b) With You All the Way

    c) Where Women Bank

    d) Relationship Beyond Banking

    e) Together We Can

    13. Which bank has launched the country's first contactless business credit card in association with Jet Airways?

    a) HDFC Bank

    b) SBI

    c) Axis Bank

    d) ICICI Bank

    e) Federal Bank

    14.  Which of the following is India’s largest urban co-operative bank?

    a) MACO Bank

    b) Bharati Sahakari Bank

    c) Pravara Sahakari Bank

    d) Surat Peoples Coop Bank

    e) Saraswat Cooperative Bank

    15. A current account is always a------ to bank.

    a) Time Deposit

    b) Flexi Deposit

    c) Recurring Deposit

    d) Demand Deposit

    e) None of these

    16. Who among the following is all set to become the first Indian to be inducted into the ‘International Astronautical Federation (IAF) Hall of Fame’?

    a) G Madhavan

    b) UR Rao

    c) KK Radhakrishnan

    d) CNR Rao

    e) K Kasturirangan

    17. Name the sole Indian (ranked 33rd) in Forbes list of ‘Money Masters: The Most Powerful People In The Financial World’.

    a) Arundhati Bhattacharya

    b) Chanda Kochhar

    c) Kumar Mangalam Birla

    d) Raghuram Rajan

    e) Uday Kotak

    18. What is the full form of the term NOFHC as used in banking?

    a) Non-Operative Formal Holding Company

    b) Non-Operative Financial Holding Company

    c) Non-Operative Financial Housing Company

    d) Non- Operative Formal Housing Company

    19. Rodrigo Duterte has won 2016 presidential election in

    a) Thailand

    b) Cambodia

    c) Vietnam

    d) Chile

    e) Philippines

    20. As per the draft guidelines issued by the RBI for ‘on tap’ licensing of universal banks, the bank shall open at least what per cent of its branches in unbanked rural centres?

    a) 5 per cent

    b) 10 per cent

    c) 25 per cent

    d) 30 per cent

    e) 40 per cent

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