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General/Economy/Banking Awareness for

SBI PO Main (Solution)
1. Who among the following is the present Union Minister of Youth Affairs and Sports?
1) Mahesh Sharma
2) Jitendra Singh
3) Vijay Goel
4) Dharmendra Pradhan

5) Rajiv Pratap Rudy

2. A Parliamentary panel changed the definition of an ARC, recently, after complains from the RBI.
The term ARC stands for
1) Asset Recreation Company

2) Asset Restoration Company

3) Asset Restructuring Company

4) Asset Reconstruction Company

5) None of these

3. The RBI introduced the Banking Ombudsman Scheme with effect from
1) 1955

2) 1959

3) 1980

4) 1991

5) 1995

4. A cheque which a bank will not accept and exchange for money or payment because it was
written more than a certain number of months ago, is called
1) post-dated cheque

2) stale cheque

4) at par cheque

5) open cheque

3) crossed cheque

5. The IRCTC has joined hands with which of the following banks to chalk out a detailed plan for
promotion of rail ticketing activities?
1) HDFC Bank
4) PNB

2) ICICI Bank
5) Axis Bank

3) SBI

6. Which of the following banks has signed an agreement with Reliance Jio Money for one-click
payment service?
1) IndusInd Bank

2) IDFC Bank

4) Yes Bank

5) Federal Bank

3) Bandhan Bank

7. Seven Indian companies have made it to the latest Fortune 500 list of the worlds biggest
corporations in terms of revenue. Among Indian firms, the highest ranked one is
1) SBI

2) Indian Oil 3) Rajesh Exports 4) Tata Motors 5) Reliance Industries

8. The researchers from Laval University are going to conduct the worlds first Zika vaccine test on
humans in which of the following countries?
1) Japan

2) Brazil

3) South Africa 4) Canada

5) Mexico

9. Which of the following is NOT a money market instrument?

1) Certificate of Deposit
2) Commercial Paper

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3) Repurchase Agreement

4) Bankers Acceptance

5) None of these


10. The treasury bills are govt bonds or debt securities with maturity of less than
1) three months 2) six months

3) nine months 4) a year

5) five years

11. The NITI Aayog has signed Statement of Intent (SoI) with which of the following tech giants to
set up Atal Tinkering laboratories (ATL)?
1) Intel

2) Dell

3) AMD

4) HP

5) Huawei

12. Juba is the capital city of which of the following countries?

1) South Sudan

2) Nigeria

3) Tanzania

4) Kenya

5) Mozambique

13. Which bank and Brookfield Asset Management have set up a joint venture with an initial
commitment of over $1 bn to make investments in businesses with stressed assets?
1) HDFC Bank 2) ICICI Bank 3) Axis Bank

4) SBI

5) PNB

14. The Supreme Court recently accepted the major recommendations of which of the following
committees on reforms to the Board of Control for Cricket in India (BCCI)?
1) RM Lodha 2) Anil R Dave 3) TS Thakur

4) P Sathasivam 5) HL Dattu

15. In the money market, when the money is borrowed or lend for period between 2 days and 14
days, it is known as

1) term Money 2) notice Money 3) hot money 4) cold money 5) transit money

16. The deposit account maintained with a commercial bank in which there is no limit on the number
of withdrawals/deposits is a
1) recurring account

2) term deposit account

3) savings account

4) current account

5) Other than those given as options

17. Mohammad Shahid, who passed away recently, was considered one of Indias best to have
played the game of
1) cricket

2) golf

3) tennis

4) hockey

5) football

18. Name the Indian who has won the prestigious 2016 Mr World title. He has become the first
Indian and first Asian to win the title.
1) Vidyut Jammwal
4) Puneet Beniwal

2) Rohit Khandelwal
5) None of these

3) Prateik Jain

19. The govt is infusing Rs 23,000 cr in PSBs. The highest sum of Rs 7,575 cr is being released for
1) PNB

2) Canara Bank 3) Bank of India 4) Indian Overseas Bank

5) SBI

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20. The govt on 19 Jul said it is releasing Rs 23,000 cr to recapitalise public sector banks. How many
PSBs are being recapitalised this time?
2) 10

3) 11

4) 13

5) 15


1) 9

21. The private lender Bandhan Bank is headquartered at

1) Mumbai

2) Kolkata

3) Bhubaneswar

4) Bhopal

5) Bengaluru

22. Which of the following banks are NOT eligible to implement the Gold Monetization Scheme
(GMS) launched by the govt?
1) Private Sector Banks

2) Foreign Banks

3) Public Sector Banks

4) RRBs

5) Other than those given as options

23. What is the present statutory liquidity ratio (SLR), the reserve the commercial banks in India

require to maintain in the form of gold and govt approved securities before providing credit to the

1) 20.50 per cent

4) 21.25 per cent

2) 20.75 per cent

5) 21.50 per cent

3) 21 per cent

24. Who won the mens title of the 73rd Senior National Squash Championship in Mumbai?
1) Vikram Malhotra
4) Siddharth Suchde

2) Harinderpal Singh Sandhu

5) Ritwik Bhattacharya

3) Saurav Ghosal

25. DJ Pandian is the present Vice President and Chief Investment Officer of which of the following
financial institutions?
1) ADB

2) IMF


4) New Development Bank

5) World Bank

26. The International Monetary Fund (IMF) on 19 Jul slightly trimmed Indias growth projections to
what per cent for 2016-17?

1) 7.3 per cent 2) 7.4 per cent 3) 7.6 per cent 4) 7.7 per cent 5) 7.9 per cent

27. If a savings account is opened with a bank on the basis of simplified KYC norms, the account
would additionally be treated as a
4) Current Account

2) No frills account
3) Small Account
5) Other than those given as options

28. As per the MSMED Act, 2006, a micro enterprise is an enterprise where investment in plant and
machinery does not exceed
1) Rs 5 lakh
2) Rs 10 lakh

3) Rs 25 lakh 4) Rs 50 lakh

5) Rs 1 cr

29. The state assembly of which of the following states recently passed a resolution against the
proposed merger of the State Bank of Travancore (SBT) with SBI?
1) Kerala
2) Karnataka 3) Tamil Nadu 4) Andhra Pradesh

5) Telangana

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30. Who among the following has been appointed as the new chairman of Airports Authority of India
2) Ajay Singh

3) Naresh Goyal

4) Guruprasad Mohapatra

5) Rahul Bhatia


1) Ashwani Lohani

31. Which of the following is the currency of Mongolia?

1) Mongolian riel

2) Mongolian shekel

4) Mongolian ringgit

5) Mongolian togrog

3) Mongolian krona

32. Indias first e-court was recently inaugurated in which of the following cities?
1) Mumbai

2) Chennai

3) Bengaluru

4) Kolkata

5) Hyderabad

33. The Nelson Mandela International Day is observed on

1) 08 Jul

2) 12 Jul

3) 18 Jul

4) 13 Jul

5) 28 Jul

34. The UNESCO recently added nine new sites on its World Heritage List. Which of the following
is NOT among these nine sites?
1) Gorhams Cave Complex (UK)
3) Ancient Philippi (Spain)
5) None of these

2) Antequera Dolmens (Spain)

4) Turkish province of Kars

35. Indian Navys ships Sahyadri, Shakti and Kirch recently visited Port Kelang in which of the
following countries as part of a deployment?
1) Malaysia

2) Philippines

3) Vietnam

4) South Korea 5) Japan

36. Vijender Singh clinched the WBO Asia Pacific Super Middleweight title defeating who among the
following recently?

1) Lucian Bute 2) James DeGale 3) Amir Khan 4) Jean Pascal 5) Kerry Hope

37. The RBI recently asked banks to exchange up to what number of soiled currency notes with a
maximum value of Rs 5,000 over the counter free of charge?
1) 5

2) 10

3) 15

4) 20

5) 25

38. The RBI has set up a working group to study the entire gamut of regulatory issues relating to
Financial Technology and Digital Banking in India which is headed by
1) Nitin Chugh

2) Mrutyunjay Mahapatra

4) AP Hota

5) Sudarshan Sen

3) AS Ramasastri

39. India and the ADB have signed a $100-mn loan agreement for strengthening irrigation, drainage
and water management in the Vennar sub-basin of the Cauvery delta in
1) Tamil Nadu 2) Karnataka

3) Andhra Pradesh 4) Telangana 5) Kerala

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40. The Special Investigation Team (SIT) on blackmoney has recommended restricting cash holding
with individuals to not more than
2) Rs 3 lakh

3) Rs 5 lakh

4) Rs 10 lakh

5) Rs 15 lakh


1) Rs 2 lakh

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