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SBI Clerk Exam 2018: General Awareness/Static GA Quiz

To help banking aspirants crack their general awareness test for SBI clerk, we have created a special quiz series. Take up the test and strengthen your preparation.

Apr 11, 2018 13:05 IST
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SBI Clerk Exam 2018: General Awareness/Static GA Quiz
SBI Clerk Exam 2018: General Awareness/Static GA Quiz

Questions on banking awareness are frequently asked in the bank recruitment exams. Here is General Awareness quiz for SBI Clerk exam 2018.

 1. Stung by the Rs 11,400 crore fraud in Punjab National Bank, the Reserve Bank of India (RBI) has constituted an expert committee to look into the entire gamut of issues relating to classification of bad loans, rising incidents of frauds and effectiveness of audits. Who among the following is the chairman of the committee?

a)      Y H Malegam

b)      Nandkumar Saravade

c)       S Raman

d)      A K Misra

e)      None of these

Ans: Option (a)

2. The World Congress on Information Technology (WCIT) was recently held in-

a)      Hyderabad, Andhra Pradesh

b)      Lucknow, Uttar Pradesh

c)       Bengaluru, Karnataka

d)      Baroda, Gujarat

e)      None of these

Ans: Option (a)

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3. Retirement fund body Employees’ Provident Fund Organisation (EPFO) has reduced interest rate on deposits to 8.55 percent for the financial year 2017-18 following a general decline in interest rates. Earlier the interest rate was-

a)      8.75 percent

b)      8.65 percent

c)       8.95 percent

d)      8.85 percent

e)      None of these

Ans: Option (b)

4. A three –day India International Textiles Expo (IITExpo) of India recently held in began in Sri Lankan capital of Colombo on Wednesday.

a)      New Delhi, India

b)      Colombo, Sri Lanka

c)       Thimphu, Bhutan

d)      Kuala Lumpur, Malaysia

e)      None of these

Ans: Option (b)

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5. Who among the following is the youngest Indian billionaire according to the prestigious Forbes list of billionaires?

a)      Mukesh Ambani

b)      Samprada Singh

c)       Vijay Shekhar Sharma

d)      Aditya Birla

e)      None of these

Ans: Option (c)

6. The finance ministry recently set up an 8-member Steering Committee to consider various issues related to Fintech for making regulations more flexible and promoting financial inclusion. The committee will also focus on how Fintech can be leveraged to enhance financial inclusion of micro, small and medium enterprises. The committee will chaired by-

a)      Subhash Chandra Garg

b)      Nandan Nilekani

c)       N S Vishwanathan

d)      Y H Malegam

e)      None of these

Ans: Option (a)

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7. Which of the following countries recently has overtaken Saudi Arabia by a wide margin to become India's top crude oil supplier, meeting more than a fifth of the country's oil needs in the current financial year?

a)      Kuwait

b)      Venezuela

c)       United Arab Emirates

d)      Iraq

e)      None of these

Ans: Option (d)

8. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has recently approved the proposal for establishment of National Financial Reporting Authority (NFRA). What is the main objective of the establishment of NFRA?

a)      The decision aims at establishment of NFRA as an independent regulator for the auditing profession.

b)      NFRA is intended to replace the disciplinary jurisdiction of the CA Institute.

c)       This proposed law will be tried under the PMLA Act and the administrator will sell the fugitive's properties to pay off the lenders.

d)      Both B and C

e)      None of these

Ans: Option (a)

9. The Reserve Bank of India (RBI) has recently imposed a penalty of Rs 3 crore on which of the following banks for violation of NPA (non performing asset) classification norms?

a)      Indian Overseas Bank (IOB)

b)      Punjab National Bank (PNB)

c)       State Bank of India (SBI)

d)      Axis Bank

e)      ICICI Bank

Note: The Reserve Bank of India has imposed a penalty of Rs 3 crore on Axis Bank for violation of NPA classification norms and Rs 2 crore on Indian Overseas Bank for not complying with the KYC regulations.

Ans: Option (d)

 10. The world's largest solar park set up at an investment of Rs.16, 500 crore in which of the following states?

a)      West Bengal

b)      Uttar Pradesh

c)       Andhra Pradesh

d)      Karnataka

e)      None of these

Ans: Option (d)

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