SBI PO Mains Exam 2017: General Banking Awareness Quiz

General Awareness section plays a vital role in SBI PO Mains Examination as there will be 40 questions of general awareness carrying 40 marks. The section helps to increase your overall score in the examination.

1. Name the author of the book titled ‘ The Modi Effect: Inside Narendra Modi’s Campaign to transform India’

a)      Lance Price

b)      James D. Proctor

c)       Clare Peel

d)      Britta Jaschinski

e)      None of these

Ans: Option a)

2. The Micro Units Development and Refinance Agency Bank (MUDRA) launched first as subsidiary of –

a)      NABARD

b)      SIDBI

c)       EXIM Bank

d)      SBI

e)      None of these

Ans: Option b)

3. Account holders have to maintain an AQB for their accounts in certain banks. What does the term AQB stand for?

a)      Average Quantitative Balance

b)      Average Quarterly Balance

c)       Average Qualified Balance

d)      Average Qualitative Balance

e)      None of these

Ans: Option b)

4. Which of the following is NOT a money market instrument?

a)      Repurchase agreement

b)      Commercial Paper

c)       Debentures

d)      Treasury Bills

e)      Certificate of deposit

Ans: Option c)

5. Which of the following is NOT a Retail Banking product?

a)      Fixed deposit Product

b)      Working capital finance

c)       Personal Loan

d)      Housing Loan

e)      Educational Loan

Ans: Option b)

6. Which of the following ia secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications and is an India standard similar to SWIFT?

a)      SFMS

b)      NEFT

c)       RTGS

d)      CFMS

e)      None of these

Ans: Option a)

7. What is term used for a used for deposit with a bank that locks up money for a certain period but also provides an option of premature withdrawal which may attract a penalty?

a)      Savings Bank deposit

b)      Term Deposit

c)       Recurring deposit

d)      Current deposit

e)      None of these

Ans: Option b)

8. Name the malicious software that affected various computers recently and restricted users' access to it until a ransom is paid to unlock it?

a)      Readedare

b)      Soafterware

c)       Ransomware

d)      Payonware

e)      None of these

Ans: Option c)

9. The government has revised the base year of Wholesale Price Index (WPI) and Index of Industrial Production (IIP) from 2004-05 to

a)      2010-2011

b)      2011-2012

c)       2012-2013

d)      2013-2014

e)      2014-2015

Ans: Option b)

10. Which Indian airport has become the busiest single-runway airport in the world with 1 flight in 65 seconds?

a)      Indira Gandhi International Airport

b)      Chhatrapati Shivaji International Airport

c)       Bangalore International Airport

d)      Chennai International Airport

e)      None of these

SBI PO Mains Exam: Sample Letter for Descriptive Test