Sample Questions of General/Economy Banking Awareness for SBI PO Main Exam 2016-Set 4

SBI is all set to conduct the Mains exam for recruitment of Probationary officer (PO) on 31^st July. 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.

Sample Question of General/Economy Banking Awareness

1. The first World Conference on Tourism for Development (WCTD) was held recently in Beijing in association with UNWTO, which is headquartered in-

a) Ankara
b) Madrid
c) Zurich
d) Stockholm
e) Oslo

2. A negotiable instrument can be transferred from one owner to another how many times till its maturity?

a) Only once
b) Twice
c) Five times
d) 10 times
e) Any number of times

3. The Committee headed by TSR Subramanian submitted its report recently on

a) New Education Policy
b) Defence Procurement Policy
c) New Foreign Policy
d) Merger of public sector banks
e) Other than those given as options

4. What if the marginal standing facility (MSF) rate as of now?

a) 6 %
b) 6.5 %
c) 7 %
d) 7.25 %
e) 7.5 %

5. The SBI General Insurance Company Ltd is a joint venture between the State Bank of India and’

a) AIA Group
b) Zurich Insurance
c) MetLife
d) Insurance Australia Group
e) American International Group

6. What are the targets for domestic scheduled commercial banks and foreign banks with 20 branches and above for agriculture sector under priority lending norms?

a) 7%
b) 8%
c) 10%
d) 18%
e) 40%

7. The SBI and CaxiaBank have signed an MoA to expand their gurantee transaction business. CaxiaBank is based in

a) France
b) Germany
c) Turkey
d) Sweden
e) Spain

8. The headquarter of the insurance regulator IRDA is located in

a) Bengalure
b) Chennai
c) Hyderabad
d) Mumbai
e) Kolkata

9. The Union Cabinet has approved the takeover by State Bank of India(SBI) of its five associate banks and

a) Bharatiya Mahila Bank
b) Canara Bank
c) Indian Bank
d) Bank of Baroda
e) None of these

10. Which of the following is the first country in the world to prohibit deforestation?

a) Sweden
b) Denmark
c) Norway
d) Cuba
e) Austria

11. What is the currency of Vietnam?

a) Vietnamese dong
b) Vietnamese Dollar
c) Vietnamese pound
d) Vietnamese dinar
e) Vietnamese korna

12. Which of the following is NOT covered under the Banking Omdudsman Scheme?

a) Public Sector Banks
b) Private Sector Banks
c) Regional Rural Banks
d) Scheduled Primary Co-operative Banks
e) Other than those given as options

13. The Application Supported by Blocked Amount (ASBA) refers to an application mechanism for subscribing to-

a) IPO
b) FCCB
c) Gilt Edge
d) P-Notes
e) Other than those given as options

14. The leaders of the G7 group held their 42nd summit in Japan on May 26-27. Which of the following countries is NOT a member of G7 group?

a) Canada
b) Italy
c) Germany
d) France
e) China

15. Which of the following is not the part of 5Cs contours of Payment Banks: Vision-2018 that was released by RBI in June 2016?

a) Coverage
b) Convenience
c) Convergence
d) Capability
e) None of these