SBI Clerk


1. As per the Monetary Policy Committee meeting on 7.6.2017, which is correct?
a) Policy Repo Rate : 6.25%
b) CRR : 4%
c) SLR : 20% w.e.f. June 24, 2017
d) MSF : 6.50%
e) All the above

2. Which state government has signed MoU with IIT Kharagpur’s Rekhi Centre of Excellence for the Science of Happiness?
a) Madhya Pradesh
b) Sikkim
c) Bhutan
d) UP
e) West Bengal

3. Which Municipal Corporation became the first municipal corporation in India to tap money through municipal bonds in 14 years? Its name is listed in the Bombay Stock Exchange?
a) Nagpur Municipal Corporation
b) Pune Municipal Corporation (PMC)
c) Ahmedabad Municipal Corporation
d) Greater Mumbai Municipal Corporation
e) None of these

4. Among international liabilities of banks, the outflow of balances from FCNR(B) was compensated by which of the following (in the recent years for Indian banks)?
a) Increase in foreign currency borrowings and NRE balances
d) APY
e) None of these

5. Which Bank conducted ‘Star Mahotsav’?
a) Bank of Maharastra
b) Bank of India
c) SBI
d) Canara Bank
e) None of these

6. Among the four categories under PSLC trading, higher trading is observed under which of the following, as per RBI recent report ?
a) PSLC-Small and Marginal Farmers and PSLC- General Category.
b) PSLC Agriculture
c) PSLC Micro Enterprises
d) PSLC infrastructure
e) None of these

7. Who is the new Secretary of Department of Economic Affairs ?
a) Gaitri Issar Kumar
b) Subhash C Garg
c) Reenat Sandhu
d) AjitVinayak Gupte
e) None of these

8. The agency which will implement the Interest Subvention Scheme (ISS) announced for farmers for 2017-18 ?
a) NHB
c) LIC
d) GIC
e) Oriental Insurance Co.

9. The amount above which all transactions will mandatorily require aadhar number is ______ .
a) Rs.5,000/-
b) Rs.10,000/-
c) Rs.50,000/-
d) Rs.20,000/-
e) None of these

10. RBI placed which bank under Prompt Corrective Action (PCA) recently?
a) Allahabad Bank
b) United Bank of India
c) Central Bank of India
d)Vijaya Bank
e) Corporation Bank

11. Which bank has approved USD 150 million equity investment loan to the India Infrastructure Fund?
a) ADB
c) African Development Bank
d) World Bank
e) None of these

12. Which PSB got ‘high’ rating for its adherence to code compliance in the Code Compliance Rating of banks done by the BCSBI?
a) IDBI Bank
b) Axis Bank
c) Yes Bank
d) HDFC Bank
e) IDFC Bank

13. The rate at which the farmers will get short term crop loan upto Rs.3 Lakhs under the interest subvention scheme (ISS) approved for 2017-18 is ______
a) 4%
b) 2%
c) 3%
d) 6%
e) None of these

14. Which organisation has approved financing of more than USD 500 million to support the economy of Afghanistan ?
a) World Bank
b) IMF
c) ILO
e) WTO

15. Which bankhas recently increased its authorized capital to Rs.2,500 Crores?
a) ICICI Bank
b) IDBI Bank
c) Axis Bank
d) Yes Bank
e) Kotak Mahindra Bank

16. RBI has issued which denomination of bank notes with insert letter ‘A’ recently?
a) Rs.10
b) Rs.20
c) Rs.500
d) Rs.100
e) Rs.5

17. The rate of inflation in India, in May 2017 which was all-time low i.e., _____
a) 2.18%
b) 4%
c) 3%
d) 2.5%
e) 3.5 %

18. Which insurer settled 99.92% of death claims in 2016-17?
a) LIC of India
b) ICICI Prudential
c) HDFC Life
d) Aviva
e) None of these

19. Retirement fund body EPFO will part how much in exchange traded funds this financial year ( Rs. in Crores)
a) 22,500
b) 5,000
c) 2,000
d) 1,000
e) None of these

20. For whom a conditional approval was given by the SEBI for the appointment as the MD and CEO of the NSE?
a) VikramLimaye
b) S.Ganesh Kumar
c) Sanjiv Singh
d) Shashi ShekarVempati
e) RajanAnandan

21. Which bank has cut the interest rate on home loans above Rs.75 lakhs to 8.60%?
a) SBI
b) Citi Bank
c) American Express
d) J P Morgan
e) None of these

22. Who is the chairman of the Parliamen tary Standing Committee (PSC) on Finance?
a) M.VeerappaMoily
b) Anurag Tripathy
c) Pram Jit Mann
d) Ruchira Kamboj
e) None of these

23. Which bank is the first bank to introduce biodegradable cards (prepaid gift cards)?
a) Indian Bank
b) Indian Overseas
c) Axis Bank
d) Vijaya Bank
e) Corporation Bank

24. Which payments bank appointed K.G.Karmakar and Gauri Shankar as Independent Directors recently?
a) Airtel Payments Bank
c) paytm payment bank
d) Fino Payment Bank
e) None of these

25. To which country, India is providing a line of credit of USD 318 million for the development of the railways?
a) Sri Lanka
b) Thailand
c) Myanmar
d) Afghanistan
e) None of these

26. RBI’s internal advisory committee (IAC) recommended for immediate refer ence under the Insolvency and Bankruptcy Code (IBC) for how many accounts (initially)?
a) 12(These12 accounts, total money is about 25% of the current gross non-performing assets (GNPAs)of the banking system)
b) 25
c) 30
d) 40
e) None of these

27. Which state is the first state in India to launch a welfare scheme i.e., pension for single women for the betterment of the society?
a) Telangana
b) MP
c) Chattisgarh
d) Jharkhand
e) Bihar

28. According to the data available how much of the Indian economy has been remonetized ?
a) 82.6%
b) 50%
c) 25%
d) 30%
e) 15%

29. Small accounts can be opened without aadhar card number. What are the condtions?
a) With a limit of Rs.50,000/-
b) Only at bank branches that are co-banking enabled
c) Where it is ‘possible to manually monitor’ such accounts
d) Banks are expected to ensure that foreign remittances are not credited to such accounts
e) All the above

30. As per Migration and Development Brief of World Bank, remittances to India in 2016 is how much ? (in USD billions) (India is in top position)
a) 62.7
b) 61
c) 29.9
d) 28.5
e) 19.8

31. Which has received $100 million (about Rs.645 Crores) as the first tranche of the Asian Development Bank’s multi-million dollar funding for installation of rooftop solar systems in India?
a) OBC
b) Punjab National Bank
c) BOI
d) BoB
e) None of these

32. HDFC Ltd., is the only Indian Company to be named among the top consumer financial services companies in the world. Which company claimed first position?
a) American Express
b) Citi Bank
c) JP Morgan
d) Bank of Japan
e) Bank of England

33. At present Bitcoin is trading at $ 2,550 i.e., 155% more than its price in the beginning of the year. The top three cyprocurrencies are ________ .
a) Bitcoin
b) Ethereum
c) Ripple
d) All the above
e) None of these

34. World Bank has projected a strong growth rate ______ for India for 2017.
a) 7.2%
b) 6%
c) 5%
d) 4%
e) None of these

35. “On the claims side, decline in NOSTRO balances was compensated by increase in loans to non-residents and FC loans to residents”. It is one of the observations made by RBI. What is NOSTRO account?
a) ostro account
b) Nostro account refers to an account that a bank holds in foreign currency in another bank
c) Savings bank account
d) Current account
e) None of these

36. Where BSE has already operationalized its global exchange India International Exchange (INS)?
a) IIFC,GIFT city
b) New Delhi
c) Kolkata
d) Chennai
e) None of these


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