GENERAL, ECONOMIC AND BANKING AWARENESS QUIZ FOR SBI PO

Dear Students, In this article we are sharing a banking awareness quiz pdf for SBI PO. Download this pdf from given link.

Banking and economic awareness for SBI PO

Q1- The first bank of India established in 1770 was:

(a) Bank of India

(b) Bank of Hindustan

(c) Bank of Bombay

(d) The General Bank of India

• Correct option :(b)

Q2-Under the British rule, the East India Company established three banks -Bank of Bengal, Bank of Madras and Bank of Bombay which later got merged in 1921 to form a single bank called :

(a) Imperial Bank of India

(b) Bank of Hindustan

(c) Bank of India

(d) The General Bank of India

• Correct option: (a)

Q3-The fund transfers through the NEFT system occurs in how many batches?

(a) 7

(b) 20

(c) 23

(d) 24

• correct option : (c)

Q4- Where are the headquarters of the Asian development bank?

(a)  China

(b) India

(c) Philippines

(d) Vietnam

• Correct option: (c)

Q5- Under which act and in which year the government decided to nationalise the banks in India and RBI?

(a) The Reserve Bank of India Act,1934

(b) Banking Regulation Act,1949

(c) Indian Stamp Act,1899

(d) Banking Laws Act, 1965

• Correct option: (b)

Q6- Which is the largest Public sector bank in India?

(a) RBI

(b) PNB

(c) SBI

(d) Union bank

• Correct option: (c)

Q7-In which year does the RRBs (Regional Rural Banks)  were established?

(a) 1999

(b) 1963

(c) 1982

(d) 1975

• Correct option: (d)

Q8- Deposits with maturity period beyond 14 days is referred to as:

(a) Term money

(b) Notice money

(c) Bank money

(d) Monetary Base

• Correct option: (a)

Q9- The first commercial bank of India:

(a) Central Bank of India (1911)

(b) Oudh Commercial Bank (1881-1958)

(c) SBI (1806)

(d) Union Bank of India (1919)

• Correct option: (b)

Q10-The Which bank was nationalised in 1955 and was named as SBI?

(a) The General Bank of India

(b) Oudh Commercial Bank

(c) Bank of Madras

(d) The Imperial Bank of India

• Correct option: (d)

Q11- The overall period of “The General Bank of India”:

(a) 1786-1791

(b) 1789-1796

(c) 1756-1789

(d) 1800-1856

• Correct option: (a)

Q12- The world’s largest pension scheme launched by PM for old age pensioners and social security of unorganised workers on 15th Feb 2019 is:

(a) PM-KISAN

(b) PM-SYM

(c) MGNREGA

(d) Jan Dhan Yojana

• Correct Option: (b)

Q13-The year in which Bank of Bombay was established :

(a) 1889

(b) 1840

(c) 1876

(d) 1856

• Correct option: (b)

Q14-Which NBFC, under Pradhan Mantri Kisan Maan Dhan Yojana, launched on 12th September 2019, is the pension fund manager provides an assured monthly pension of Rs. 3000 to all the farmers after the age of 60 years to secure 3 crores small and marginal farmers in India?

(a) Mutual funds

(b) Muthoot Finance

(c) Manappuram Finance Limited

(d)  LIC

• Correct option: (d)

Q15- If a cheque is in torn condition but all the important or relevant data on the cheque is intact then the type of cheque is known as:

(a) Stale cheque

(b) Crossed cheque

(c) Mutilated cheque

(d) Bearer cheque

• Correct option:(c)

Q16-In India, If payee moves to the bank to get withdrawal for a cheque, signed three months ago, the cheque shall be considered as a:

(a) Mutilated cheque

(b) Stale cheque

(c) Bearer cheque

(d) Crossed cheque

• Correct option: (b)

Q17-The year in which Bank of Bengal was established :

(a) 1809

(b) 1891

(c) 1871

(d) 1805

• Correct option: (a)

Q18-Which scheme and in which year, Prime Minister Narendra Modi launched in which all small and marginal farmers will be provided with income support of Rs. 6000/year in three instalments transferred directly into their accounts?

(a) 24 February 2019, PM-KISAN

(b) 15 February 2019, PM-SYM

(c) 12 September 2019, Pradhan Mantri Kisan Maan Dhan Yojana

(d)  None of the above

• Correct option: (a)

Q19-Government of India in 1991 incorporated a committee for the “Liberalisation” of Banking practice to provide stability and profitability to the nationalised public sector banks, under the chairmanship of :

(a) Jawahar Lal Nehru

(b) Rajiv Gandhi

(c)  M. Narasimham

(d) P. V. Narasimha Rao

• Correct option: (c)

Q20- The Yojana or Scheme announced by FM under the 1.7 lakh crore relief package for the assistance of old-age pensioners in the duration of COVID -19 Pandemic :

(a) Divyang Yojana

(b) PM-SMY

(c) Ujjwala Yojana

(d) None of the above

• Correct option: (a)

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