ExpectedQuestionsthatcanbeaskedintheSBIPOExamsToHeldon21stJune

2014onwards[BasedonTrendsinexamon14
th
/15
th
June2014]
PartII
By
RajeshGoyal*
Note: (The questions given in column 1 are based on memory and thus may vary from actual
questions in the exam but questions were from same topics. Some answers given may not have
actually appeared in the exam as we have tried to give more details so that if same question is
redraftedandaskeddifferently,youshouldbeabletoanswerthesame.Therefore,readallquestions
andanswerscarefully.]

Questions asked in SBI PO exam on 14

th
/ 15
th

June 2014
Similar Questions that can be asked in forthcoming
exams [Answers for these questions can be checked
at www.bestGuru.com/answers/ ]

Q. Shiela Dixit is Governor of which state?

Ans : Kerala

The new Government wants the Governors appointed
by previous UPA regime to resign. Thus, number of
changes are taking place in Governors of various
states. Moreover, Andhra Pradesh has been
bifurcated recently. You must keep yourself
uptodate about these developments. You can click
below to get all the links for the latest Whos Who

http://www.bestguru.com/latest-whos-india/

Q. Types of pricing strategy ?

Ans : Pricing strategy refers to method
companies use to price their products or
services.

Additional information : The company set the
price so as to maximize profitability for
each unit sold or from the market overall.
Price strategy can also be used to defend an
existing market from new entrants, to
increase market share within a market or to
enter a new market. Businesses may
benefit from lowering or raising prices,
depending on the needs and behaviors of
customers and clients in the particular
market. Finding the right pricing strategy is
an important element in running a
successful business

Q1 : What is skimming in pricing strategy ?
Q2 : What is premium pricing strategy ?
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Q. IPL spot fixing committee is headed by?

Ans : Mukul Mudgal


Q3 : Name the former President of BCCI who is take
over as the Chairman of ICC in July 2014?
Q4 : Name the former captain of Indian cricket team
who was appointed as the interim Head of BCCIs
IPL by Supreme Court of India?

Q. April 7 is observed as?

Ans : World Health Day

Check the following link to view various days observed
in recent months :

http://www.bestguru.com/current-affairs-monthly-
magazines/

Q. What is the use of KYC?

Ans : The objective of the KYC guidelines is to
prevent banks being used, intentionally or
unintentionally by criminal elements for
money laundering.


Q. IBSA full form?

Ans : India, Brazil, South Africa.
For current abbreviations refer to the BestGuru e-
magazine the link for which has been given above.
Q.What is an Overdraft ?

Ans : A overdraft is a facility wherein a bank
customer is able to withdraw more than
what he / she has actually in his bank
account. We can also say that
an overdraft in an account happens when
money is withdrawn from a bank account
and the available balance goes below zero.
Q 5 : What is Cash Credit facility?
Q6 : What is nomination in bank accounts?
Q7 : What is the purpose / advantage of nomination in
bank accounts ?
Q 8 : What is a no frill account ?



Q. What is the impact of changes in CASA
ratio?

Ans :
Q9 : Who decides the rate of interest for Saving Bank
accounts;
Q10 : What is the rate of interest paid on Saving Banks
by most of the Public sector banks?
Q11 : Rate of interest on saving bank account is paid on
the balances as on ?

Q. Which is the most common Input device
used in desktops ?

Ans : Keyboard

See the questions in Part I of similar paper
Q. M P Bezbaruah panel has been constituted
to suggest suitable remedial measures to
address concerns regarding security of
Q12 : Sahoo panel has submitted its report on which
issue?
Q13: Cauvery dispute is between which two States of
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people from:

Ans. North East


India?
Q. Banking Ombudsman Scheme enables an
expeditious and inexpensive forum to bank
customers for resolution of complaints
relating to certain services rendered by
banks. Banking Ombudsman is a senior
official appointed by

Ans. Reserve Bank of India

Q. What is the name of the method used to
reduce the risk of loss caused by price
fluctuation. It consists of the purchase or
sale of equal quantities of the same or very
similar commodities, approximately
simultaneously, in two different markets:

Ans. Hedging

Q 14 : What are Bear in stock market
Q 15 : Who are Bulls in stock market
Q16: What is NAV in mutual funds?
Q17 : What are blue chip companies?
Q18 : What is capital gain?
Q19 : What are convertible bonds?
Q20: What is insider trading?

Q. Cheque/Draft/Pay Order/Bankers Cheque
is not valid when the date extends to:

Ans. 3 months and above from date of issue ?


Q. Name the President of Indian Olympic
association?

Ans. N Ramachandran

Q 21 : Who is the President of World Bank?
Q22 : Who is Managing Director of IMF?
Q23 : To which country does the Secretary General of
UNO belong?
Q24: Which country will host the next Olympics in
2016?

Q. Under which service, customers may access
their bank account and perform basic
transactions from any of the member
branch offices

Ans. Core Banking Solution

Q25 : Which two modes are popular to send money to
an account in other Bank within India?
Q 26: Who fixes the Term Deposit Rates?
Q 27 : Who fixes the Bank Rate?
Q28 : What fixes the Base Rate of a bank?


Q. FIBA is associated with which Sports?

Ans. Basketball

Q29 : FIFA is associated with which game?
Q30: F1 is associated with which game?
Q31 : Mary Kom is associated with which game?
Q32: In which city will be the next Commonwealth
Games hosted?
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Q33 : In which city will be the next Asian Games
hosted?


Q.What is the Exchange of cash flow in
different currencies is known as ?

Ans. Swap

Q 34 : Kiwi is used for which currency?
Q35 : Who is market maker?
Q36 : What is OTC market?
Q37 : What is Stop Loss order?

Q. Indian Oil plans to build Rs 30,000 crore
refinery at which place in Gujarat?

Ans. Mundra, Gujarat


Q. In BRICS, S denotes to which country:

Ans. South Africa

Q38 : Which country has been ousted from G-8 group?
Q 39 : In the term SAARC, what does the C denotes?
Q 40 : During Indian PMs sworn in ceremony, which
head of the state could not come due to his / her pre-
planned visit to Japan?

Q. International Womens day is celebrated on?

Ans. 8th March
See the details in BestGuru e-Magazine
Q. RuPay has been launched in India by which
organization::

Ans. NPCI (National Payments Corporation of
India)


Q. What does C stands for in CPU:

Ans. Central


Q. We enter information or data with the help
of:

Ans. Input Device

Q. Letters are usually written in which
application software ?

Ans. MS Word
Q 41 : Balance sheet can be best prepared in which
application software?
Q 42 : Which software can be used to prepare
presentation in a meeting?

Q. Where will be next Common Wealth Games
2014 will be held ?

Ans. Glasgow, Scotland

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Q. What is the new name of Cadbury's India ?

Ans. Mondelez India Foods Ltd


Q. Who has been name as IIFA International
Entertainer?

Ans. John Travolta


Q. What is the full form of KYC ?

Ans. . Know Your Customer (a term used for
customer identification).


Q. Who is the chairman of TATA GROUP?

Ans. Cyrus Mistry


Q. What is the Full form of EFT:

Ans. Electronic Fund Transfer


Q. Which is the fastest mode of transaction for
transfer of funds in India ?

Ans. RTGS


Q. Who is the new World Snooker Women
Champion?

Ans. Steve Davis

Q. .xls, .doc. are :
Ans. Extensions


Q.43 : Which software is used to open a file with extension
.pdf
Q 44: Files with .ppt extension are created in which MS
software?

Q. Server is used to share date with other
computer through?

Ans. Network

Q 45: What is blue tooth?
Q 46: What is a firewall?

Q. Word Processing software is used to
generate output as ?


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Ans. Word Document

Q..Lifting software unethically is known as ?

Ans. software piracy

Q 47: To enter into the system of another person without
his permissions is known as ?
Q. Computer which can be used by only one
person is known as ?

Ans. Personal Computer


Q.A computer which connects to other
computer and sends information is?

Ans. Remote Desktop


Q. How can u see the contents of a file?
Ans. By clicking

Q48 : What is disk defragmentation ?
Q 49 : What is FTP ?
Q 50 : What is http
Q. Computer basically performs on:
Ans. binary numbers

[Answers for these questions can be checked at www.bestGuru.com/answers/ ]

*Rajesh Goyal, is the owner and editor of well known websites for competition exams i.e. BestGuru.com and
AllBankingSolutions.com. He joined as PO/MT in Bank in 1980 and worked for over 30 years in banking
sector, and took VRS from the post of Assistant General Manager. He is at present free lancer for banking
sector

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