SBI POs General Awareness Important Study Material

1. SBI commercial & International Bank Limited acquired by ………..?
1) Reserve Bank of India 2) Ministry of Commerce
3) SEBI 4) State bank of India 5) None

2. RBI ordered that more than what denomination the Demand Drafts should not be issued against Cash, particularly by RRBs?
1) Rs.1000 2) Rs.10,000 3) Rs.50,000 4) Rs.1,50,000 5)None

3. LIC(Life Insurance Corporation of India) made a pact to issue Credit Cards with ………..?
1) HDFC 2) AXIS Bank 3) Corporation Bank 4) ICICI 5) Andhra Bank

4. Recently EXIM Bank (Export and Import Bank of India) provided $ 20 million line of credit to………..?
1) Switzerland 2) Zimbwabe 3) Swaziland 4) Australia 5) New Zealand

5. Karnataka State Highway improvement project got $ 315 million from ………..?
1) Asian Development Bank 2) World Bank 3) IMF 4) AFD 5) ODA

6. Most active segment of the money market in India is………..?
1) Repo rate 2) Statutory Liquidity Ratio 3) Call money market
4) Certificate of Deposits market 5) Term note market

7. Syndicated loan means ………..?
1) the loan offered to BPL families
2) loan offered to one bank by different states in India
3) loan taken by different borrowers from one bank in the single account
4) loan given by the group of banks to single borrower
5) loans ban by RBI

8. India signed to get Rs. 1600 cr from German Bank to finance world biggest solar power plants in Dhule district of
1) Andhra Pradesh 2) Karnataka 3) Mysore 4) Maharastra 5) Goa

9. $ 200 million will be given to power distribution in Madhya Pradesh by ….
1) World Bank 2) Asian development Bank 3) AFD
4) International Monetary Fund 5) IFC

10. $ 648 million to be provided by world bank to construct 444 MW hydro power project in………..
1) Uttarakhand 2) Uttar Pradesh 3) Assom 4) Goa 5) Rajasthan

11. LIBOR (London Inter bank Offered Rate) being published by………..
1) BSE 2) Thomson Reuters
3) Washington Post 4) New York Times
5) London University

12. Till Kharif 2010, how many farmers covered under National Agriculture Insurance Scheme ………..
1) 20.25 crore 2) 18.65 crore 3) 12.4 crore
4) 9.6 crore 5) 17.14 crore

13. Center for Monitoring Indian Economy estimated 2011-12 fiscal year growth will be…………percent?
1) 5.2 2) 9.1 3) 8.1 4) 10.5 5) 9.5

14. Rastriya Arogya Nidhi available to………..to get medical assistance.
1) The inhabitants of poor states
2) The inhabitants of North eastern states
3) BPL families
4) MGNREGA domestic workers only
5) None

15. Dal Bhat Scheme provides a meal for Rs.5 to poor. This is the scheme of………..?
1) Bihar 2) Tamilnadu 3) Arunachal Pradesh 4) Jharkhand 5) Assam

16. Which state has idea of bringing the federations of Self Help Groups (SHG)?
1) Karnataka 2) Maharastra 3) Andhra Pradesh 4) Tamilnadu
5) Uttar Pradesh

17. The chairman of Parliamentary standing committee on Law and Justice?
1) Murali Manohar Joshi 2) P.C.Chako
3) L.K.Advani 4)Yashwanth Sinha
5) Abhisheik Manu Singhvi

18. On 21 July 2011, for the defence pensioners which scheme launched?
1) Sudha 2) Suvidha 3 ) Sugam 4) Saral 5) Sangam

19. International Atomic Energy Agency was invited by India to visit ……….. Nuclear plant recently?
1) Apsara 2) Druva 3) Kalpakam 4) Jaitapur 5) None

20. Kaveri Engine to be used in light combat aircraft ( LAC). This engine to be developed with the aid of………..?
1) France 2) USA 3) UK 4) Germany 5) Japan

21. Recently India and which country sign memorandum of understanding in the cooperation of Rural Development?
1) Brunai 2) Laos 3) Lesotho 4) South Africa 5) None

22. Who heads the panel to estimate the losses of power distribution companies in 2007-2010?
1) Narla Tatha Rao 2) Vidhya Sagar 3) V.K.Shunglu 4) Shantharam
5) Vijay C Kelkar

23. On August 13 , 2011 which multiple missile trail version successful?
1) Agni – II 2) Pruthvi- I 3) Nag 4) Akash 5) Brahmos – III

24. Fifth conference of SAARC speakers and parliamentarians held recently in……….
1) New Delhi 2) Mumbai 3) London 4) Dhaka 5) Male

25. Presently India is the third largest producer of Steel in the world. It becomes the second Largest producer by which year as per the estimate of central government recently?
1) 2013 2) 2020 3) 2045 4) 2050 5) 2015

26. Sevottam Certificate got by………..?
1) GPO, Mumbai 2) GPO, Rastrapathi Bhavan
3) GPO, Hyderabad 4) Gol Dak Khana, the Newdelhi GPO
5) All of above

27. Bank deposits grow by ………..percent during the March 2011- July 2011?
1) 8 2) 5.5 3) 6.1 4) 7 5) 9

28. Raise in inflation rate leads to decline in ………..?
1) interest rate
2) raise in the deposits in the banks
3) decrease the real interest rate
4) raise the credit growth by banks
5) None

29. Difference between interest earned and interest paid is called ……….?
1) Gross Interest Income
2) Paid Interest Income
3) Free Interest Income
4) Net Interest Income
5) All of above

30. Express Remit is the brand name remittance facility of ………..?
1) SBH 2) Allahabad Bank 3) Repco Bank 4) UBI 5) SBI

31. Rs.1000 can be withdrawn from the Point of Sales Terminals ( POS) as per the order of RBI. Which is the first bank to introduce this facility?
1) SBI 2) SBH 3) Union Bank of India 4) ICICI 5) HDFC

32. Recently RBI advised the banks to reduce the Net Interest Margin (NIM) come down to see the double digit growth. What is meant by it ………..
1) Banks accept the deposits at high rate of interest and lend at higher rate of interest
2) Banks accept the deposits at high rate of interest and lend at no rate of interest
3) Banks accept the deposits at high rate of interest and lend at lower rate than the present rates
4) Banks accept the deposits at lower rate of interest and lend at higher rate
5) None

33. Interest Corridor includes ………..?
1) Base rate and savings rate
2) Bank rate and Reverse Repo rate
3) Base rate and Repo rate
4) Repo rate and Reverse Repo rate
5) None

34. Asset-Liability mismatch usually happened in………..?
1) Home Loan and Infrastructure Project Financing
2) Education loan and personal loan
3) Personal loan and marriage loan
4) Travel loan and marriage loan
5) Education loan and School Fees
35. First Dedicated Education Loan Company CREDILA is the associate body of………..?
1) HDFC 2) Andhra Bank 3) United Bank of India 4) Axis bank 5) SBH

36. Portal-linked service, which enables a dissatisfied customer to SMS ‘unhappy’ to 8008202020, if he is a customer of………..this is the first of its kind in India?
1) SBI 2) IDBI 3)HDFC 4) ICICI 5) Indian bank

37. INFINET is a communication channel for transmission of electronic communication by banks. INFINET stands for………..?
1) Indian Financial Internal Network Electronic Transaction
2) Indian Financial Internal Network
3) Indian National Financial Internal Net Extra Track
4) Indian Financial Network
5) None

38. RBI subsidiary BRBNMPL related statements are given. Pick the incorrect one?
1) Bharatiya Reserve Bank Note Mudran Private Limited was established by RBI
2) its wholly owned subsidiary of RBI established on 3rd February 1995
3) It is established to handover the functions of RBI to mint currency
4) It is established to bridge the gap between the supply and demand for bank notes in the country.
5) The company manages 2 Presses one at Mysore in Karnataka and the other at Salboni in West Bengal.

39. Rohinton Nariman is the new ………..of India?
1) Election Commissioner
2) Auditor General
3) Solicitor General
4) Army General
5) RBI Governor

40. 110th constitutional amendment bill connected to………..?
1) Reservation of woman local bodies
2) Reservation of SC and ST in the Assembly elections
3) Jan lokpal Bill 4) GST council
5) Direct Taxes Code

41. Rs.117.64 Crores released by the Central Government to promote production of………..?
1) Tobacco 2) Food grains 3) Nutri-cereals 4) Pulses 5) Rice

42. Sucheta becomes first Indian woman to cross ………..?
1) Antartica 2) Arctic Ocean
3) Sahara Desert 4) Gobi Desert
5) Suez Canal

43. Standard & Poor downgrades USA AAA credit rating to
1) AAA ++ 2) AAB 3) BBB 4) AA+ 5) AB+

44. Which coach became first one to train 100 cricket test matches in the world?
1) Waqar Younus 2) Greg Chappel
3) Duncan Fletcher 4) David Boon
5) Kapil Dev

45. 2014 FIFA world Cup to be held from 12 June to 13 July in
1) London (Britain) 2) Rio ( Brazil)
3) Incheon (South Korea)
4) Washington (USA) 5) None

46. Who was called the Doctor Death, died recently, helped many people to die, if they are suffering from the dreaded and long
time diseases?
1) Dr. Subodh Roy 2) Kimitachi Penogogi
3) Dr.Jack Kevorkian 4) Dr. Shantha Singh
5) None

47. India-South Africa trade to touch $…………billion before 2014?
1) 25 2) 10 3) 50 4) 15 5) 60

48. Modi cup is related to……….?
1) Cricket 2) Golf 3) Hockey 4) Tennis 5) Carrom

49. Arasu Cable TV Corporation belongs to the state of ………..?
1) Tamilnadu 2) Kerala
3) Andhra Pradesh 4) Puduccherry
5) None

50. Direct Tax do not include ………..?
1) Income Tax 2) Corporate Duty
3) Service Tax 4) Sales Tax
5) Wealth Tax

KEY : 1)4 2)3 3)2 4)3 5)1 6)3 7)4 8)4 9)2 10)1 11)2 12)5 13)3 14)3 15)4 16)3 17)5 18)5 19)4 20)1 21)3 22)3 23)5 24)1 25)1 26)4 27)2 28)3 29)4 30)5 31)3 32)3 33)4 34)1 35)1 36)1 37)4 38)3 39)3 40)1 41)3
42)4 43)4 44)3 45)2 46)3 47)4 48)3 49)1 50)4.

SBI POs General Awareness Important Questions with Key

1. Andhra Bank’s head office is at Hyderabad. Pick up the correct statements?
a) Andhra Bank was founded by the eminent freedom fighter, Dr. Bhogaraju Pattabhi Sitaramayya
b) The Bank was registered on 20th November 1923 and commenced business on 28th November 1923 with a paid up capital of Rs 1.00 lakh and an authorized capital of Rs 10.00 lakhs.
c) Andhra Bank’s new mascot is Dolphin named as DOLLe.
d) From Jan 2010, With Bank of Baroda and Legal & General (UK) Andhra Bank commenced a Life Insurance Joint Venture by name M/s India First Life Insurance Co Ltd.
e) Friendly, Intelligent, Responsive are the mascot slogans of this bank
1. a b c d e 2. a b c d 3. a b c e 4. b c d e 5. b c e

2. WHO studies on public health is given. Pick up the correct statement?
a) As per a WHO study, India ranks 171 out of the 175 countries in the world in public health spending
b) India ranks among the top 10 countries for communicable diseases. Today, world leader of chronic diseases like diabetes,
hypertension and coronary artery diseases
c) a large section of Indian population still reels under the risk of curable diseases that do not receive ample attention of policy-
makers
d) India needs much spending on public health care and medical infrastructure
1. a b c 2. a c d 3. a b c d 4. b c 5. none

3. Which bank in India provides rural counselling, financial literacy and other services, are now operational in 52 centres under the name of Grameen Paramarsh Kendras?
1. SBI 2) Indian Bank
3. Bank of Baroda 4) Bank of India 5. ICICI.

4. 1956 Minimum of Foreign Reserve System of R.B.I was diluted in the issue of currency in 1957. It says ….
1. R.B.I should maintain Rs. 115 crore worth of Gold
2. R.B.I should maintain Rs. 150 crore worth of Gold and Rs. 450 cr worth of Government bonds
3. R.B.I should maintain Rs. 1000 cr worth of Gold or Rs. 1000 crore worth of Government securities
4. R.B.I should maintain Rs. 100 cr worth of Gold or Rs. 1000 crore worth of foreign securities
5. R.B.I need not maintain any worth of Gold or Government securities

5. Which facts are true about population in the given statements?
a) Population Foundation of India and the Population Reference Bureau (PRB), USA, predict that India may have a population of
two billion by 2101
b) the population of 60 plus would exceed that of those aged between 0 and 14 years, leading to substantial future ageing in India by 2051
c) Bihar, Madhya Pradesh and Rajasthan would account for almost half of the country’s population by 2101
d) In the month of march 2010, the Union Cabinet approves the creation of National Population Register of usual residents of
the country
e) The project would cover an estimated population of 1.2 billion and the total cost of the scheme is Rs 3,539.24 crore
1. a b c d 2. b c d e 3. a b c d e 4. c d e 5. a c d e

6. ‘Taking banking technology to the common man’ is the punch line of Indian Bank. Pick up incorrect one?
a. As part of the Swadeshi movement the bank was established on 15th August 1907.
b. Indbank Merchant Banking Services Ltd, IndBank Housing Ltd, IndFund Management Ltd are the three subsidiaries companies.
c. On 1st April 2010, T.M.Bhasin has assumed charge as Chairman & Managing Director
d. he is the chairman of the “Task Force for extending Banking Facilities in Unbanked Gram Panchayat in the State of West Bengal” set up by the Reserve Bank of India in December 2007
e. recently the bank shown interest to open the branches in Australia, Hong Kong, Sri lanka and Maldives under its overseas
expansion
f. its head office is at Chennai
1. a 2. b 3. d 4. c 5. none

7. IMF pegs 2010 global growth at ….. ?
1. 4.5 % 2. 0.5 % 3. 1.75 % 4. 2.5 % 5. 0.6%

8. Of the following statements, which is wrong one related to the relation of R.B.I with union government?
1. R.B.I transacts all banking business of the government
2. Government keeps its cash balances on current account deposits with R.B.I
3. the union government is empowered to borrow through treasury bills any amount it takes from R.B.I. so we can say the union
government is the ultimate authority of the country
4. R.B.I mobilizes resources for financing Public-Sector projects.
5. None

9. R.B.I has inspection powers over banks. A working group set up by R.B.I to suggest changes in approach and style of inspection.
This working group headed by …… ?
1. A. Srinivasan 2. Usha Thorat 3. S. Padmanabhan 4. S.S. Barucha
5. Narasimham

10. Allahabad Bank is one of the oldest banks in India. Pick up the wrong answer.
a. Allahabad Bank was founded on April 24, 1865 by a group of
Europeans
b. A new scheme designed & launched by the Bank on 24.04.2004 on
the eve of the Bank’s 140th Establishment Day envisages to provide
farm investment credits as well as personal/ domestic loans including repayment of debt to money lenders
c. its punch line is a tradition of trust
d. Financial Literacy & Credit Counseling Centre (FLCC) inaugurated by Smt. Usha Thorat on 26.06.2009, with a slogan Har
Kadam Aap Ke Saath.
e. its present head office is at Luknow (U.P )
1. e 2. b 3. a 4. d 5. c

11. The nationalized bank, Bank of India details is given. Pick up correct statements?
1. Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai
2. ‘Relationships beyond banking’ is the punch line of Bank of India
3. The Bank has been the first among the nationalized banks to establish a fully computerized branch and ATM facility at the Mahalaxmi Branch at Mumbai way back in 1989
4. The international business accounts for around 17.82% of Bank’s total business.
5. all of above

12. 2009 Annual session of the World Bank & IMF intended to mobilize $ 45 Billion to infrastructure facilities and 12 billion dollars to agriculture. This summit was held at … ?
1. New York 2. Carolina 3. Washington 4. Sanfransisco 5. Alaska

13. Which among the following statements is incorrect regarding Scheduled Banks ?
a) Banking Regulation Act 1949 says all Banking companies having paid up capital and reserves of Rs. 5 lakh or more may be termed as scheduled banks and include in R.B.I Act.
b) In R.B.I Act 1934 second schedule we can see the names of scheduled banks
c) Scheduled banks should not open their branches outside of India
d) Scheduled banks can get cash from R.B.I on concessional rate of interest.
e) Scheduled banks can run Clearing House.
1. a 2. b 3. c 4. d 5. e

14. Union Bank of India details is given. Pick up incorrect one?
a. Union Bank of India is a leading private sector bank
b. M.V.Nair takes charge of Union Bank of India as Chairman and Managing Director
c. M.V. Nair is the Chairman of Indian Banks’ Association (IBA)
d. He is a member on the Committee constituted by the Govt. of India, Ministry of Finance, for conducting a study of the HR issues of the Public Sector Banks and make appropriate recommendations
e. He is a member on the High Powered Committee set up by the RBI and headed by Smt Usha Thorat, Dy. Governor of RBI to review the Lead Bank Scheme.
1. a 2. e 3. c 4. d 5. b

15. Bank of Maharashtra details is given. Pick up correct one?
a) ‘one family and one bank’ is the punch line of this bank
b) Prof. V. G. Kale and D. K. Sathe founded this bank in 1935
c) its head office is at Pune
d) This is one of the banks nationalized among 14 banks in 1969 by Indira Gandhi government
e) Mr. Allen C.A. Pereira, Chairman and Managing Director of Bank of Maharashtra received Y.B. Chavan Award for support to SMEs on the eve of Maharashtra Economic Summit held at Mumbai on March 12, 2010.
1. a b c d 2. a b c d e 3. a b c 4. b c d e 5. a b d e.

KEY : 1.1 2.3 3.3 4.1 5.3 6.5 7.4 8.5 9.3 10.1 11.5 12.2 13.3 14.1 15.2

error: Content is protected !!