A.K.

Series-June/2018
TO/PO Assesment Special

Where is the head office of IFAD (International Fund for Agricultural Development

)?
(a) Vienna, Austria
(b) London, UK
(c) Paris, France
(d) Berlin, Germany
(e) Rome, Italy

Where is the Headquarters of European Investment Bank (EIB)?

(a) Italy
(b) UK
(c) Luxembourg
(d) Germany
(e) Switzerland

The Islamic Development Bank is a multilateral development financing institution

located in-
(a) Muscat, Oman
(b) Jeddah, Saudi Arabia
(c) Kuwait City, Kuwait
(d) Manama, Bahrain
(e) Doha, Qatar

Which of the following rates is decided by the market conditions and not by RBI?
(a) Bank rate
(b) SLR
(c) CRR
(d) Inflation rate
(e) MSF

Basel norms are important international regulatory stipulations. It is meant for which
sector?
(a) Insurance
(b) Banking
(c) Micro Finance
(d) Pension funds
(e) Trade

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 A.K.Series-June/2018
TO/PO Assesment Special

BRBNMPL is a wholly owned subsidiary of RBI which prints banknotes (Indian

rupees) for the RBI. BRBNMPL stands for-
(a) Bharatiya Reserve Bank Note Mudran Private Limited
(b) Bharatiya Reserve Bank National Mudran Private Limited
(c) Bharatiya Reserve Bank Note Mudran Public Limited
(d) Bharatiya Reserve Bank Note Medium Private Limited
(e) Bharatiya Reserve Bank Note Management Private Limited

What is the full form of CIBIL?

(a) Customer Information Bureau (India) Limited
(b) Credit Information Bureau (India) Limited
(c) Credit Industrial Bureau (India) Limited
(d) Credit Information Bank (India) Limited
(e) Credit Information Branch (India) Limited

Who introduced the Banking Ombudsmen Scheme?

(a) RBI
(b) SBI
(c) Ministry of Finance
(d) NABARD
(e) None of the given options is true

When was Ombuds Men Scheme first introduced?

(a) 2006
(b) 1981
(c) 1995
(d) 1998
(e) 1991

When was Reserve Bank of India established?

(a) 1920
(b) 1925
(c) 1935
(d) 1948
(e) 1968

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 A.K.Series-June/2018
TO/PO Assesment Special

When was Indian Banking Act come into force?

(a) 1948
(b) 1949
(c) 1950
(d) 1951
(e) 1940

When was Imperial Bank was changed as State Bank of India?

(a) 1st January 1935
(b) 26th February 1947
(c) 1st July 1955
(d) 1st July 1959
(e) 26th February 1955

banks in India are required to maintain a portion of their demand and time liabilities
with the Reserve Bank of India. This portion is called?
(a) statutory liquidity ratio
(b) cash reserve ratio
(c) bank deposit
(d) reverse repo
(e) government securities

Who is the final authority for deciding the design, form and material of bank notes?
(a) Central Government
(b) Reserve Bank of India
(c) Indian Banks Association
(d) Note Issuing Authority of India
(e) None of the given options is true

Which Bank has launched IRA 2.0, its interactive humanoid at the Koramangala
Branch in Bengaluru?
(a) Axis Bank
(b) Punjab National Bank
(c) State Bank of India
(d) HDFC Bank
(e) Yes Bank

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 A.K.Series-June/2018
TO/PO Assesment Special

Rupee coins are the legal tender in India under the provisions of-
(a) Reserve Bank of India Act, 1934
(b) Negotiable Instruments Act, 1881
(c) Banking Regulation Act, 1949
(d) Indian Coinage Act, 1906
(e) None of the given options is true

In terms of Section 24 of the Reserve Bank of India Act, 1934, the Reserve Bank of
India may issue bank notes for the maximum denomination of-
(a) Rs. 500
(b) Rs. 5000
(c) Rs. 10000
(d) Rs. 1000
(e) Rs. 10

The opening of branches by banks is governed by the provisions of-

(a) Section 23 of the Banking Regulation Act, 1949
(b) Section 24 of Reserve Bank of India Act, 1934
(c) Section 131 of the Negotiable Instruments Act, 1881
(d) Section 45 and Bank Nationalisation Act, 1969
(e) None of the given options is true

How long is an IPv6 address?

(a) 32 bits
(b) 128 bytes
(c) 64 bits
(d) 128 bits
(e) None of these

By an intranet we mean:
(a) a LAN of an organization
(b) a Wide Area Network connecting all branches of an organization
(c) a corporate computer network
(d) a network connecting all computers of an organization and using the internet
protocol
(e) None of these

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 A.K.Series-June/2018
TO/PO Assesment Special

Which of the following units is used to measure the speed of the processor?
(a) Kilobytes (KB)
(b) Gigabytes (GB)
(c) Gigahertz (GHz)
(d) Kilobits (Kb)
(e) Megabytes (MB)

Which key is used to display signature in Bankslink?

(a) F7

(b) F10

(c) F12

(d) F8

What does DRAM stands for?

(a) Digital Random Access Memory
(b) Dynamic Random Access Memory
(c) Dividing Random Access Memory
(d) Dynamic Recording Access Memory
(e) None of these

Tag line of YONO?

(a) Pure Banking Nothing else

(b) Lifestyle & Banking dono

(c) Har mod par aap k saath

(d) Digital Banking

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 A.K.Series-June/2018
TO/PO Assesment Special

Max amount under SBI FLEET finance ?

(a) 1 cr

(b) 3cr

(c) 5cr

(d) 10cr

Validity of Loan after sanction in SBI FLEET?

(a) 1 month

(b) 3 month

(c) 6 month

(d) 12 month

Max Loan amount for a Person engaged in agricultural and allied activities.

(a) 4 times Net Profit or Gross Taxable income as per ITR after adding back
depreciation and repayment of all existing loans

(b) 3 times of Net Annual Income

(c) 48 times of the Net Monthly Income

(d) 25 Lacs

In BHIM SBI pay what are the last four digits of VPA?

(a) BHIM

(b) @sbi

(c) @vpa

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 A.K.Series-June/2018
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(d) None of these

What is the upper transaction limit for sending or requesting money using BHIM SBI
Pay?

(a) You can do a maximum number of 20 transactions per day within the
Rs.1,00,000/- limit.
(b) You can do a maximum number of 10 transactions per day within the Rs.50,000/-
limit.
(c) You can do a maximum number of 25 transactions per day within the
Rs.1,00,000/- limit
(d) You can do a maximum number of 10 transactions per day within the
Rs.1,00,000/- limit

Minimum-Maximum amount under SBI Gold loan?

(a) 5000-500000

(b) 10000-1000000

(c) 20000-2000000

(d) 25000-2500000

Max repayment period in Bullet Repayment Gold Loan?

(a) 24 months

(b) 12 months

(c) 36 months

(d) 48 months

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 A.K.Series-June/2018
TO/PO Assesment Special

Maximum loan amount that can be sanctioned under SBI pension loan?

(a) 5lac

(b) 7.5lac

(c) 10lac

(d) 15lac

SBI loyalty car loan can be provided to ?

(a) Existing Car loan customers

(b) Existing Housing Loan customers

(c) Existing Current ac holders

(d) Second hand cars

Minimum income of the customer for availing SBI loyalty car loan?

(a) 1lac

(b) 2lac

(c) 3lac

(d) 5lac

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 A.K.Series-June/2018
TO/PO Assesment Special

Highest tenure for which a Cap Gain account can be opened?

(a) 12 months

(b) 24months

(c) 36 months

(d) 48 months

Per day transaction limit under card to card transfer?

(a) 10000

(b) 25000

(c) 40000

(d) 50000

Validity of RBI drafts?

(a) 3 months

(b) 6 months

(c) 9 months

(d) 12 months

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 A.K.Series-June/2018
TO/PO Assesment Special

Purchase protection on SB Platinum International ATM Card?

(a) 5000

(b) 25000

(c) 50000

(d) 100000

Validity of Achiever card?

(a) 5 years

(b) 20 years

(c) 15 years

(d) 10 years

Error code “78” in ATM indicates:

(a) Invalid PIN

(b) No funds

(c) Inoperative Account

(d) Card Blocked

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 A.K.Series-June/2018
TO/PO Assesment Special

Are Visually Challenged customers eligible for INB services of Bank?

(a) NO

(b) Yes

(c) Yes, with only view rights

(d) None of the above

“I collect” was launched on?

(a) July 2010

(b) August 2010

(c) Oct 2010

(d) Nov 2010

Max amount that can be deposited in CDM in a single transaction?

(a) 50000

(b) 49000

(c) 49900

(d) 49999

What is IMPS?

(a) Instant money Payment services

(b) Immediate payment system

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 A.K.Series-June/2018
TO/PO Assesment Special

(c) Immediate Payment Service

(d) None of these

Max amount of STDR that can be created using RINB?

(a) 1 cr

(b) 50 lac

(c) 10 cr

(d) None of these

Moratorium period for HL of building of 17 floor?

(a) 12 months

(b) 24 months

(c) 36 months

(d) 30 months

Minimum age of the borrower under “reverse mortgage loan”

(a) 18 years

(b) 21 years

(c) 25 years

(d) 60 years

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 A.K.Series-June/2018
TO/PO Assesment Special

SBI Student loan for studies abroad?

(a) 10 Lac

(b) 20 Lac

(c) 30 Lac

(d) 40 Lac

Margin in loan against LIC policy?

(a) 20%

(b) 15%

(c) 10%

(d) 5%

In which country, the 44th G7 summit was held recently?

(a) Canada
(b) Germany
(c) Italy
(d) Japan
(e) USA

The Central Vigilance Commission was set up by the Government in-

(a) 1968
(b) 1952
(c) 1964
(d) 1948
(e) 1972

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 A.K.Series-June/2018
TO/PO Assesment Special

Q15. The 45th G7 summit or next G7 summit will be held in 2019 in which
country?
(a) France
(b) Germany
(c) Italy
(d) Japan
(e) USA

Banks have different interest rate for different loan products. To which rate are
there interest rates linked?
(a) Prime lending rates
(b) Base rate
(c) RBI administered rates
(d) The bank rate
(e) Repo Rate

Which of the following is known as a secured loan of a commercial bank?

(a) Personal loans
(b) Credit card overdues
(c) Temporary overdrafts
(d) Gold loans

Which is the first credit information company in India?

(a) CIBIL
(b) CARE
(c) Experian
(d) ICRA

Reverse mortgage loans are meant for which of the following category of
customers?

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 A.K.Series-June/2018
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(a) Retired persons

(b) Retired government officials
(c) Senior citizens
(d) Individuals retired from public sector undertakings

What is the percentage of total bank credit that banks are required to lend to the
agricultural sector in India?
(a) 25%
(b) 40%
(c) 18%
(d) 10%
(e) 50%

Which of the following lending qualifies as a priority sector loan?

(a) Loan for purchase of gold for marriage of daughter
(b) Loan for consumer durables
(c) Housing loan
(d) Loan for purchase of tractor

What is meant by the merchant discount rate in respect of a credit card

transaction?
(a) Merchants are given special commission for promoting bank transactions
(b) The bank commission charged from merchants who have point of sales
terminals for card payments from customers
(c) The one time fees charged for providing point of sales terminal to
merchants/shopkeepers
(d) The service tax payable by shops and merchant establishments having facility of
card payments.

What is the minimum service/experience required under Tribal Plus Scheme?

a. 3 years
b. 4 years
c. 5 years

d. 2 years

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 A.K.Series-June/2018
TO/PO Assesment Special

What is the maximum loan sanctioned under Earnest Money Deposit (EMD)
Scheme?
a. Rs.5.00 Lakhs
b. Rs.10.00 Lakhs
c. Rs.20.00 Lakhs

d. Rs.25.00 Lakhs

What is the minimum amount of loan under SBI Reverse Mortgage Loan?
a. Rs.1.00 Lakh
b. Rs.2.00 Lakhs
c. Rs.3.00 Lakhs

d. No Minimum loan amount

The Validity period of SBI PAL (Pre Approved Limit) is ….

a. 1 month
b. 2 months
c. 3 months

d. 4 months

49.Maximum amount for which an IOI can be issued is

a) Rs. 100,00,00,000
b) Rs. 99,99,99,999
c) 99,00,00,000

d) none of these

What are the KYC conditions we have to fulfill to open Small accounts ?
a) Photograph and Address proof
b) Two Photo proof and self certification
c) Photo proof and address proof

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 A.K.Series-June/2018
TO/PO Assesment Special

d) Photograph and self certification for the address

Maximum capability that can be given to Employee in CBS at branch level is

a) 7
b) 9
c) 10

d) 12

RBI conducts Annual Financial Inspection of Banks under Section----

(a) Sec 35 of RBI Act-1935

(b) Sec-35 of BR Act-1949

(c) Sec-49 of RBI Act-1935

(d) Sec-138 of NI Act-1881

All inoperative accounts may be classified as………………. Risk

(a) Low

(b ) Medium

(c) High

(d) None

Issue of probate will be governed by which act?

(a) Indian Contract Act

(b) NI Act

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 A.K.Series-June/2018
TO/PO Assesment Special

(c) Company Act

(d) Indian Succession Act

Which of the following is not a Negotiable Instrument?

(a) Cheque

(b) Promissory Note

(c) Bill of Exchange

(d) Term Deposit Receipt

IFRS refers to

(a) International Financial Reconstruction System

(b) International Financial Reporting Standards

(c) Internal Financial Regulation and Supervision

(d) Internal Financial Reporting System

White Label ATMs refer to

(a) ATMs established by Non Banking Institutions

(b) ATMs set up by other Banks

(c) ATMs established by RBI

(d) ATMs established by Foreign Banks

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 A.K.Series-June/2018
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RBI has assigned unique instrument type to MULTI CITY CHEQUES. The unique type
for Current Account is

(a) 29

(b) 30

(c) 31

(d) 32

What is BIAK?

(a) Bank for International Aid Kenya

(b) Built in Internationally Accepted Key for SWIFT Messages

(c) Built In Authenticated Key

(d) Built In Asset code Key

Insurance policy is charged to the Bank by way of .

(a) Lien

(b)Hypothecation

(c) Assignment

(d) Pledge

The Bank is using ————————anti-virus software

(a) Trend-Micro

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 A.K.Series-June/2018
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(b) Antivirus

(c) Macfee

(d) Norton

What is an inchoate instrument?

(a) CTS instrument

(b) It is an IOI instrument

(c) Incomplete Instrument

(d) None

When an order is issued by a court advising the bank to stop operations on the account,
it is called as

(a) Order Nisi

(b) Order Absolute

(c) Garnishee Order

(d) None

With all the Best wishes

Anish Khan
SBI, IIT Delhi

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