Po Confirmation Test-Model Test Paper - 2018

MODEL QUESTION PAPER
CONFIRMATION TEST OF PROBATIONARY OFFICERS

PREPARED BY V.V.SRINIVAS, CM(FACULTY), SBILD VIZIANAGARAM
1 The chairman of Insolvency and Bankruptcy Board of India
a) M.S.Sahoo b) Piyush Goyal
c) R.Venkatachalam d) M.K.Jain
2 The housing loan limits for eligibility under priority sector lending has been
revised to __ limits in metropolitan centres.
a) Rs.15 lakhs b) Rs.20 lakhs
c) Rs.30 lakhs d) Rs.35 lakhs
3 Select an odd man in the values of the Bank
a) Service b) Transparency
c) Ethics d) Promptness
4 No.of SBI branches as on 31.03.2018
a) 23612 b) 22414
c) 25213 d) 20717
5 Market share of advances of SBI as on 31.03.2018
a) 17.85% b) 19.92%
c) 20.44% d) 21.35%
6 In SBI, share of transactions on Alternate channels is
a) 72.5% b) 78.5%
c) 80% d) 82%
7 Capital Adequacy Ratio of SBI as per Basel III norms is
a) 11.80% b) 12.10%
c) 12.60% d) 12.90%
Prepared by V.V.Srinivas, CM(Faculty), SBILD VIZIANAGARAM

8 The SBI website which shows the approved projects to home buyers is
a) www.sbigrihatara.in b) www.sbirealty.in
c) www.sbihomerealty.in d) www.sbidreamhome.in
9 Full form of CEEP which is already introduced in SBI
a) Customer Excellence Experience b) Customer Experience Excellence

Project Project
c) Customer Efficiency Experience d) Customer Experience Efficiency

Project Project
10 With which entity, SBI signed MOU for sanction of largest long-term unsecured
loan?
a) NHAI b) NMDC
c) Reliance JIO d) None of these
11 The Central Accounts Office (CAO) of SBI was recently shifted to
a) New Delhi b) Mumbai
c) Kolkata d) Chennai
12 The full form of MOPAD, recently launched by SBI is
a) Multiple Opportunity Payment b) Multi Option Payment Acceptance

Acceptance Device Device
c) Management of Payment and d) Multi Option Premium Acceptance

devising Device
13 SBI and JIO have entered into joint venture for payment bank wherein SBI
holder how much % of share?
a) 50% b) 40%
c) 30% d) 25.00%
14 SBI is ranked as India’s most patriotic brand. Select the other brand which is
not in the list.
a) Tata Motors b) Patanjali
c) Reliance Jio d) TVS Motors

15 The present repo rate as per RBI policy w.e.f. 01.08.2018 is
a) 6% b) 6.25%
c) 6.5% d) 7%
16 Who is the chairman of SEBI
a) Ajay Tyagi b) Suresh Sethi
c) S.Marathe d) S.Gurumurthy
17 The latest country on which USA imposed sanctions
a) Syria b) Turkey
c) China d) Pakistan
18 10th edition of BRICS summit was recently held in
a) Johannesburg b) London
c) Beijing d) Mexico
19 Ikea, a home furnishing company started its first outlet in Hyderabad. The
company belongs to
a) Sweeden b) USA
c) UK d) Italy
20 Who won the FIFA football world cup 2018?
a) France b) Belgium
c) Croatia d) England
21 Which of the Banks did not get capital support from finance ministry?
a) PNB b) IOB
c) Andhra Bank d) Indian Bank

22 Which of the public sector banks earned the maximum profit during 2017-18?
a) Indian Bank b) Bank of India
c) Bank of Baroda d) Allahabad Bank
23 Which of the public sector banks faced the maximum loss during 2017-18
a) SBI b) Punjab National Bank
c) Andhra Bank d) Canara Bank
24 Which of the following states of India tops the list of “Ease of Doing Business”
for the year 2018?
a) Karnataka b) Andhra Pradesh
c) Haryana d) Maharashtra
25 IDBI Bank, a public sector bank with high NPAs is most likely to be acquired by
a) LIC of India b) General Insurance Corporation of

India
c) SBI d) HDFC Bank
26 Which of the Public Sector Banks suffered highest loss due to Bank frauds in
2017-18
a) State Bank of India b) Punjab National Bank
c) Bank of India d) Bank of Baroda
27 Who is appointed as Chairman of 15th Finance Commission?
a) N.K.Singh b) Ashok Lahiri
c) Ramesh Chand d) Anoop Singh
28 For categorization of micro enterprises in manufacturing sector, the

investment in P&M should not exceed
c) Rs.100 lakhs d) Rs.5 crores

29 Who is the MD (Stressed assets, Risk, Compliance) of SBI?
a) Shri Parveen Kumar Gupta b) Shri Dinesh Kumar khara
c) Shri Arijit Basu d) Smt Anshula Kant
30 Who is appointed as MD & CEO of IDBI Bank for a temporary period of 3 months
a) B.Sriram b) Ch.Nageswar
c) J.Packirsamy d) Mrutunjay Mahapatra
31 What is the maximum age limit for a home loan borrower?
a) 60 years b) 65 years
c) 70 years d) 75 years
32 “Together we can” is a special home loan campaign wherein the Bank has
entered into a marketing arrangement with
a) Reliance jio b) SBI Card
c) Home Loan Councellors d) Marketing Associates
33 The following costs are not added for computation of project cost of a home
loan
a) Electricity/water board one time b) Township corpus fund

charges
c) Development charges d) Stamp duty/Registration charges

34 Minimum loan amount for Personal Loan against property (P-LAP) is
35 Which of the following home loan product is available through INB
a) Insta Home top up loan b) Smart Home top up loan
c) SBI Home Loan PAL d) SBI Suraksha

36 For a salaried employee availing vehicle loan under SBI Super Bike Loan
scheme, the net annual income should be
a) Rs.2.5 lakhs b) Rs.3 lakhs
37 Which of the undernoted criteria is not considered for sanction of Smart Home
Top-up loan?
a) Fully disbursed home loan b) Minimum home loan limit of Rs.10

lakhs
c) Customer should not have any live d) CIBIL score of 550 or higher
home top-up or insta home top up
loan
38 The following auto loan schemes have been discontinued.
a) Overdraft facility b) Reimbursement of car purchased

out of own funds
c) Take over of auto loan d) All the above
39 Under which car loan scheme, loan is sanctioned to those who are engaged in
economic activity which gives them income but have no proof of income
a) SBI Car loan flexi b) SBI Car loan lite
c) SBI Combo loan d) None of these
40 In respect of loans to third parties against fixed deposits in the name of

individual customers, the following condition is not applicable
a) Third party loans will be b) Power of attorney holders will be

disbursed by home branches only allowed to sign on behalf of the
where deposits are held. NRI customers.
c) Loan will be disbursed only to KYC d) All of these statements are

complaint accounts of third correct
parties maintained at our Bank
41 For pursuing medical courses in India, the maximum loan eligibility is
c) Rs.30 lakhs d) Total course fee less usual margin

42 In respect of “p” segment gold loans, customers can also pledge gold coins sold
by Banks with weight of coins not exceeding ___ grams per customer
a) 40 grams b) 50 grams
c) 100 grams d) No maximum stipulated
43 In respect of bullet repayment of gold loans, the following statement is true.
a) Interest to be serviced monthly b) Both interest and principal to be

and total outstanding to be repaid paid at the end of 36 months
within 12 months
c) The customer is free to repay the d) Both interest and principal to be

total outstanding within 24 paid at the end of 12 months
months term
44 Maximum loan that can be sanctioned against ‘P’ gold loans is
c) Rs.20 lakhs d) No maximum stipulated
45 Under Global Edvantage loan, loan is sanctioned for pursuing full time courses
in institutions/universities of specific countries. Select the country which is not
identified for the scheme.
a) Canada b) Australia
c) Newzealand d) Hongkong
46 In respect of SBI Student Loan, maximum loan amount in respect of medical

course pursued abroad is
47 In respect of SBI Skill loan, where the loan amount is Rs.75000, the repayment
period is fixed at

48 For auto sweep in Savings Plus, the minimum threshold balance is
a) Rs.10000 b) Rs.25000
c) Rs.35000 d) Rs.40000
49 Which of the following statement is false in respect of BSBD account
a) No limit on number of deposits b) 25 cheque leaves can be issued

that can be made in a month free of cost to all BSBD account
holders
c) Maximum 4 withdrawals in a d) Only Rupay classic card will be
month permitted free of charge. issued free of cost
50 In respect of a Small account, aggregate of all credits in a financial year does

not exceed
a) Rs.10000 b) Rs.40000
c) Rs.50000 d) Rs.100000
51 Maximum period of Corporate Liquid Term Deposit is
a) 12 months b) 24 months
c) 36 months d) 60 months
52 Which of the following statement is True in respect of Pehli Udaan deposit a/c
a) Minor of any age can open the b) 4 cash transactions in a month are
account jointly with the offered free of charges
parent/guardian
c) Photo embossed ATM card issued d) PAI cover is offered for the parent
in the name of the minor with a
limit of Rs.5000
53 In respect of SAHAJ current account, which of the following statement is false
a) Low profile business community b) Number of cheque leaves to be

are eligible to open with a MAB of issued per financial year is
Rs.1000 restricted to 50.
c) Drawings per cheque is limited to d) No cash payment is made to third

Rs.15000 parties.

54 Which of the following statement is false in respect of Power POS facility
a) MAB is fixed at Rs.5000 b) Cash withdrawal in home branch

is unlimited and free
c) First 100 MCC are issued free. d) OD facility is available with loan
amount fixed at 20% of last 6
months transactions.
55 MAB in respect of Power Gain product is
a) Rs.20000 b) Rs.100000
c) Rs.200000 d) Rs.500000
56 Which of the following statement is false in respect of Power Base product
a) MAB is fixed at Rs.20000 b) Cash deposit upto Rs.25000 is free

per day
c) Business Debit card issued for the d) Normal charges are applicable for
deposit holders is “Premium” RTGS/NEFT
variant
57 Which of the following statement is false in respect of Power Pack product
a) Cash deposit in home branch is b) 500 cheque leaves issued free per
free upto Rs.60 lakhs month
c) Business Debit card of “Premium” d) All the statements are true

variant is issued
58 For domestic retail term deposits above Rs.5 lakhs but below Rs.1 crore, the
applicable penalty for premature closure is
a) 0.25% b) 0.5%
c) 1% d) 1.5%
59 In respect of SBI Flexi Deposit scheme, the maximum period of deposit is

60 Which of the following statement is true in respect of Annuity Deposit Scheme
a) Minimum amount of deposit is b) Loan facility upto 90% of the

Rs.10000 balance amount of annuity may
be granted on special cases.
c) The minimum tenure of the d) Premature payment permitted
scheme is 12 months only in case of death of depositor.
61 Which of the following statement is false in respect of Retail internet banking?
a) Power of Attorney holders can b) Jointly operated accounts can be

authorize agents to operate provided RINB provided all the
RINB. account holders sign the
application.
c) Minor accounts can be provided d) BSBD accounts are eligible for INB
INB facility with View/imited facility.
transaction rights.
62 In respect of Vistaar facility in CINB, how many minimum users are mandatory?
a) 2 b) 3
c) 4 d) 5
63 In respect of Vistaar facility in CINB, who is responsible to set overall profile of

the organization?
a) Administrator b) Regulator
c) Uploader d) Auditor
64 Aadhar enabled payment system (AEPS) is a payment service offered by
a) Government of India b) RBI
c) NPCI d) MUDRA
65 Which of the following facility is not available in SBI PAY
a) Payment using Aadhar card b) P2P pull functionality
c) Bar code based payment d) Facility of remitting funds abroad

66 Under Bharat QR, the transaction limit per day per user is
a) Rs.10000 b) Rs.25000
c) Rs.50000 d) Rs.100000
67 SBI Mingle is a
a) UPI initiative b) Payment system available through

POS machines
c) Social banking application d) None of these
68 Under SBI Mingle, users can transfer per day an amount of
a) Rs.5000 b) Rs.10000
c) Rs.25000 d) Rs.50000
69 State Bank collect is specially designed and developed for the benefit of
a) Schools, Colleges, educational b) Government Departments, PSUs

institutions
c) Hospitals, clubs, trusts d) All of these
70 Which of the following facility is the payment aggregator service provided by

SBI with connectivity with various banks and financial institutions on one hand
and merchants on the other.
a) SBI e pay b) SB MOPS
c) SBI Insta pay d) SBI Aadhar Pay
71 Full form of USSD is
a) Unified structural service data b) Unstructured Supplementary

Secured Data
c) Unstructured Supplementary d) Uniform Supplementary secured
service data data
72 Full form of AEPS is
a) Anytime Enabled payment system b) Aadhar enabled payment system
c) Alternate Enabled payment d) Aadhar enabled payment service

system

73 VPA stands for
a) Virtual payee address b) Virtual payment address
c) Verified payee address d) Verified payment address
74 The following facilities are available on YONO
a) Pre-approved personal loans b) OD against Fixed deposit
c) Funds transfer with UPI payments d) All the above
75 Which of the following product is not CIF based.
a) Khata plus b) Vyapaar
c) Vistaar d) Saral
76 Which of the following is not a category of Mudra loans.
a) Shishu b) Kishore
c) Varun d) Tarun
77 Loans upto Rs.50000 is covered under the following category of Mudra loans
a) Shishu b) Kishore
c) Tarun d) Varun
78 Stand up India scheme is to facilitate sanction of bank loans between
a) Rs.50000 to Rs.1 crore b) Rs.1 lakh to Rs.1 crore
c) Rs.10 lakhs to Rs.5 crores d) Rs.10 lakhs to Rs.1 crore
79 Maximum loan that can be sanctioned for housing loan purpose under DRI
scheme is
a) Rs.15000 b) Rs.20000
c) Rs.50000 d) Rs.100000

80 Minimum loan eligible under SBI Asset Backed Loan is
a) Above Rs.1 lakhs b) Above Rs.5 lakhs
c) Above Rs.10 lakhs d) Above Rs.20 lakhs
81 In respect of SBI ABL (CRE-CP), for fund based limits, the facility provided is
a) Demand Loan b) Overdraft
c) Term Loan d) Drop line Overdraft
82 Under Simplified Small Business Loan (SSBL), the maximum loan is
a) Less than 5 lakhs b) Less than 10 lakhs
c) Less than 25 lakhs d) Less than 50 lakhs
83 Maximum loan sanction under SME Credit Card is
84 Stock statements in respect of SME Credit card is to be obtained
a) Monthly once b) Quarterly once
c) Yearly once d) To be obtained only if the

account turns to SMA
85 In respect of SME Smart score, the quantum of loan for Trade & Services is
a) Rs.5 lakhs to 20 lakhs b) Rs.5 lakhs to Rs.25 lakhs
c) Rs.5 lakhs to Rs.50 lakhs d) Rs.5 lakhs to Rs.1 crore
86 In SME Credit plus, the maximum quantum of loan is

87 Which of the following scheme is sanctioned for nursing homes, diagnostic
centres?
a) Doctor Plus b) Medical Equipment Finance

scheme
c) Lease Rental discounting scheme d) Mortgage Dealer finance scheme
88 Which of the following scheme is provided to authorized exclusive

dealers/stockists/distributors/franchisees for purchase of inventory
a) Distributor Finance Scheme b) Medical Equipment Finance

Scheme
c) Lease Rental Discounting Scheme d) Mortgage Dealer Finance Scheme
89 E-VFS is a new SME scheme. The full form of the scheme is
a) Electronic Vehicle Financing b) Electronic Virtual financing

Scheme scheme
c) Electronic Voucher financing d) Electronic Vendor financing

scheme scheme
90 Under Taxi aggregator scheme, the Bank has no tie-up with the following one
a) OLA b) UBER
c) ECORRENTA d) YATRAGENIE
91 Maximum gold appraiser fees payable in RUSU branches is
a) Rs.200 b) Rs.300
c) Rs.500 d) Rs.600
92 The total auction process in respect of default gold loans should be completed
in
a) 30 days b) 45 days
c) 50 days d) 60 days
93 Aggregate limit of the gold loans for single borrower/CIF is restricted to

94 Which of the following document is an Arrangement letter for agri gold loans.
a) SIM GL1 b) SIM GL 2
c) SIM GL3 d) SIM GL 4
95 LTV ratio to be maintained for gold loans is
a) 65% b) 75%
c) 80% d) 90%
96 As per bank guidelines, in most of the circles, assessment of gold ornaments

should be done by approved gold appraiser for amounts above
a) Rs.25000 b) Rs.50000
c) Rs.1 lakh d) For all gold loans
97 Which gold purity testing method is applied to ornaments purportedly made

from solid gold with no extraneous matter.
a) Touch stone method b) Nitric Acid method
c) Specific gravity test method d) Any of these methods
98 Agri Gold loan processing fee is applicable for loans above
a) Rs.25000 b) Rs.50000
c) Rs.100000 d) No processing charges
99 Gold retention limit of the branches is reviewed by the controllers every year
in the month of
a) January b) April
c) June d) December
100 Insurance cover for gold held as per Gold retention limit at branches is taken
at
a) RBO level b) AO level
c) LHO level at State capital d) Mumbai

101 Branches should tally the gold loan bags with the CC/OD balance files at which
intervals?
a) Monthly b) Quarterly
c) Half yearly d) Yearly
102 Gold safe keeping charges in respect of agri gold loans to be recovered after
a) Crop due date b) Prescribed tenure of gold loan
c) 30 days after prescribed tenure of d) NIL charges

gold loans
103 Two appraisers are required to appraise the gold loans over limits of
a) Above Rs.3 lakhs b) Above Rs.4 lakhs
c) Above Rs.5 lakhs d) No such provision in
104 Maximum loan that can be sanctioned under Agri Gold Loan scheme is
c) Rs.25 lakhs d) No maximum
105 In case of existing Agri gold loans, more than __ no.of accounts per borrower
should be referred to the next higher authority for approval before sanction.
a) 3 b) 4
c) 5 d) 10
106 In hilly and tribal dominated areas, the minimum size of SHG can be
a) 3 b) 5
c) 7 d) 9
107 In respect of credit linking of SHGs, KYC proofs of whom are to be taken
a) Group leaders b) Atleast 5 group members
c) All group members d) No separate KYC verification

required

108 Maximum LTV ratio for Agri ABL loan limit will be
a) 60% b) 65%
c) 70% d) 80%
109 The facility provided in Agri ABL scheme is
a) Cash Credit b) Overdraft
c) Term Loan d) Drop line OD
110 In respect of Agri ABL, self declaration from the borrower can be accepted
without insisting for the bills upto ___ loan limits disbursed.
a) Rs.1 lakh b) Rs.5 lakh
111 In respect of KCC limits, 10% of the limits is sanctioned for
a) Household/consumption b) Post harvest expenses

requirements
c) Maintenance expenses d) A & B
112 In KCC limit fixation, MPL stands for
a) Maximum Produce Limit b) Maximum Permissible Loan
c) Maximum Permissible Limit d) Maximum Produce Loan
113 KCC limits are valid for
a) 1 year b) 3 years
114 Margin in respect of crop loans is
a) 5% b) 10%
c) 15 to 20% d) No margin

115 In respect of tie-up arrangements, collateral security is waived for KCC limits
upto
a) 2 lakhs b) 3 lakhs
c) 4 lakhs d) 5 lakhs
116 PMFBY stands for
a) Prime Minister Farmer Benefit b) Prime Minister Farmer Bhima

Yojana Yojana
c) Prime Minister Fasal Bhima d) None of these

Yojana
117 Maximum loan limit under SBI Krishak Uthaan Yojana is
a) Rs.50000 b) Rs.1 lakh
c) Rs.2 lakh d) Rs.3 lakh
118 Maximum permissible loan limit under Produce Marketing Loan is
119 Under TATKAL tractor loan, margin fixed is
a) 10% b) 15%
c) 20% d) 25%
120 Maximum loan limit for Broiler Plus scheme is
121 In respect of non-home transactions, using withdrawal form, a non-home

customer can withdraw
a) Rs.1000 b) Rs.5000
c) Rs.10000 d) Non-home transactions permitted

only with cheque

122 The testing of fugitive ink must be carried out for payment of cheques for
value of
a) Rs.10000 and above b) Rs.20000 and above
c) Rs.25000 and above d) Rs.50000 and above
123 Tele-calling and getting confirmation from the drawer for suspicious cheques
and all non-home cheques is compulsory for above ____ amounts.
a) Rs.25000 b) Rs.50000
c) Rs.1 lakh d) Rs.2 lakhs
124 Production of Sureties may be not insisted upon while deceased settlement
upto
125 A locker rent is usually recovered every year on
a) 1st January b) Date of availing the locker
c) 31st March d) 2nd April
126 While sanction of lockers, a fixed deposit with following value is insisted.
a) Covering 1 year rental and break b) Covering 2 years rental and break
open charges open charges
c) Covering 3 years rental and break d) Fixed Deposit should not be

open charges insisted
127 Nomination rules are contained in
a) SBI Act b) Banking Regulation Act
c) RBI Act d) Negotiable Instruments Act
128 The overdraft facility for Diamond variant CSP account holder is
a) Rs.40000 b) Rs.75000
c) Rs.150000 d) Rs.200000

129 The OD facility for CSP accounts is restricted to __ months net monthly income
a) 1 month b) 2 months
130 Maximum tenure for closure of OD in CSP account is
131 The scale of finance in respect of agriculture advances is fixed by
a) SLBC b) DLTC
c) NABARD d) Govt.of India
132 RABI crop season starts from
a) April b) June
c) October d) January
133 In respect of a short duration crop, the time frame is
134 Which document is obtained as guarantee deed for agricultural loans
a) AB2 b) AB3
c) AB4 d) AB5
135 In respect of mono crops, the repayment due date fixed by DLTC is
a) 31st March b) 31st January
c) 31st June d) 31st July

136 Which of the following are commercial test form organizations for approved
models of tractors?
a) CFMTTI, Budni b) FMTTI, Hissar
c) AMTTI, Rajkot d) A & B

137 In respect of change in name, a document shall be deemed to be an OVD if
supported by
a) Confirmation from Government b) Marriage Certificate

authority
c) Gazette notification d) B & C
138 Which of the following combination of KYC proofs are not acceptable
a) Aadhar & PAN b) Aadhar & Form 60
c) Aadhar & any other OVD d) Aadhar enrolment number & PAN
139 Where an individual who is not eligible to be enrolled for an Aadhar number or
who is not resident has applied for SB account, the following documents are to
be obtained
a) PAN or Form 60 b) One recent Photo
c) Certified copy of OVD containing d) All of these

identity and address
140 Where utility bill is accepted as document to evidence updated address, the
bill should not be more than
a) 1 month old b) 2 months old
c) 3 months old d) 6 months old
141 Customers who have not provided AAdhar/PAN or Form 60 at the time of
onboarding should submit the same within a period of __ months from
commencement of account based relationship.

142 Online Fire safety audit is conducted once in __ years
a) 1 b) 2
c) 3 d) 4
143 A power of attorney executed outside India must be stamped within __ months
of its receipt in India.
144 Demand notice under SARFAESI Act is issued for ___ days
a) 30 days b) 60 days
c) 45 days d) 90 days
145 Under RTI Act 2005, the supply of information if it concerns the life or liberty
of a person should be furnished in
a) Within 48 hours of receipt of b) Within 24 hours of receipt of

application application
c) Within 12 hours of receipt of the d) Within 72 hours of receipt of

application application
146 The amount to the credit of any account in India with any Bank which has not
been operated for a period of ___ years will be transferred to DEA fund.
147 Maximum compensation that can be awarded by Banking Ombudsman is
a) Rs.10 lac b) Rs.15 lac
c) Rs.20 lac d) Rs.25 lac

148 Banking Ombudsman is established as per ___ Act
a) BR Act b) RBI Act
c) NI Act d) Contract Act
149 The relationship between hirer of Bank locker and the Bank is that of
a) Debtor -Creditor b) Bailor-Bailee
c) Licensor-Licensee d) Principal-Agent
150 Minimum frequency of audit for Extremely High risk/High risk branches is as
per ___ committee guidelines
a) Rangarajan committee b) Sri Krishna Committee
c) Basant Seth d) Raghuram Rajan

DESCRIPTIVE PAPER
COMPREHENSION
Directions (1-15): Read the following passage carefully and answer these
questions. Certain words/phrases have been printed in bold to help you locate
them while answering some of the questions.
Rural India face serious shortages – power, water, health facilities, roads, etc. –
these are known and recognized. However, the role of technology in solving these
and other problems is barely acknowledged and the actual availability of
technology in rural areas is marginal. The backbone of the rural economy is
agriculture; which also provides sustenance to over half the country’s population.
The “Green Revolution” of the 1970s was, in fact, powered by the scientific work
in various agricultural research institutions. While there is some fault in the Green
Revolution for excessive exploitation of water and land resources through overuse
of fertilizers, it did bring about a wheat surplus and prosperity in certain pockets
of the country.
In rural India today, there is a dire inadequacy of both science (i.e. knowledge)
and technology (which derives from science and manifests itself in physical form).
The scope to apply technology to both farm and non-farm activities in rural areas
is huge, as are the potential benefits. In fact, crop yields are far lower than what
they are in demonstration farms, where science and technology are more fully
applied. Technologies that reduce power consumption of pumps are vital;
unfortunately, their use is minimal, since agricultural power is free or largely
subsidized. Similarly, there is little incentive to optimize-through technology or
otherwise-water use, especially in irrigated areas (a third of total arable land),
given employment and incomes, but at present deployment of technology is
marginal. Cold storage and cold-chains for transportation to market is of great
importance for many agricultural products-particularly, fruits and vegetables-but
are non-existent. These are clearly technologies with an immediate return on
investment, and benefits for all; the farmer, the end-consumer, the technology
provider. However, regulatory and structural barriers are holding back
investments.
Power is a key requirement in rural areas, for agricultural as well as domestic
uses. Technology can provide reliable power at comparatively low cost in a
decentralized manner. However this needs to be upgraded and scaled in a big
way, with emphasis on renewable and non-polluting technologies. Reliable and
low cost means of transporting goods and people is an essential need for rural
areas. The bullock-cart and the tractor-trailer are present vehicles of choice.
Surely, technology can provide a better, cheaper and more efficient solution?
Information related to commodity prices, agricultural practices, weather, etc.,
are crucial for the farmer. Technology can provide these through technology
mobile phones, which is a proven technology; however the challenge to ensure
connectivity remains. Thus there is a pressing need for technology as currently
economic growth-though skewed and iniquitous-has created an economically
attractive market in rural India.

Q1. According to the author, which of the following is/are the problem/s facing
India’s rural population?
(A) Unavailability of healthcare facilities.
(B) The technological advancements which have been borrowed from abroad have
not been suitably adapted to the Indian scenario.
(C) Lack of awareness about the importance of utilizing technology in the
agricultural sector.
(a) Only (A)
(b) Only (C)
(c) Both (A) & (B)
(d) Both (A) & (C)
(e) None of these
Q2. Which of the following is not an impact of the Green Revolution?

(a) Over utilization of water resources
(b) Application of scientific research only in demonstration farms
(c) Wealth creation restricted to certain areas
(d) Damage caused to land by inordinate use to fertilizers
(e) Supply of wheat surpassed demand
Q3. Why is there no motivation to reduce power consumption?

(a) Freely available renewable sources of energy
(b) Government will have to subsidize the cost technology required to reduce
power consumption.
(c) Power distribution has been decentralized.
(d) The cost of implementing power saving technology is exorbitant for the
customer.
(e) None of these
Q4. What effect will the implementation of post-harvest technologies such as

cold storages have?
(a) Regulatory procedures will have to be more stringent.
(b) Prices of commodities like fruits and vegetables will fall since there is no
wastage from spoilage.
(c) Incomes of rural population will fall.
(d) Pollution of the environment.
(e) None of these
Q5. The author’s main objective in writing the passage is to

(a) censure scientists for not undertaking research
(b) criticize farmers for not utilizing experimental, low cost post harvesting
technology
(c) exhort the government to subsidize the cost of utilizing technology
(d) promote a second green revolution
(e) advocate broadening the scope of research and use of technology in
agriculture.

Q6. Which of the following is not true in the context of the passage?
(A) In recent times the benefits of science and technology have not been felt in
agriculture.
(B) The current means of rural transportation are ideal i.e. low cost and non-
polluting.
(C) Agriculture provides livelihood to over 50 percent of the Indian population.
(a) Both (A) & (B)

(b) Only (B)
(c) Only (C)
(d) Both (A) & (C)
(e) None of these
Q7. What has hampered investment in post-harvest technologies?

(a) Cost of implementing such technology is higher than the returns
(b) No tangible benefits to technology suppliers
(c) Obstacles from statutory authorities
(d) Rapid economic growth has drawn investors away from agriculture to more
commercially viable sectors.
(e) None of these
Q8. What is the role of mobile technology in the rural economy?

(A) It will not play a large role since the technology is largely untested.
(B) It provides opportunities for farmers to manipulate commodity prices.
(C) It will largely be beneficial since such technology is cheap.
(a) Both (A) & (C)
(b) Only (A)
(c) Both (B) & (C)
(d) Only (B)
(e) None of these
Q9. Which of the following is currently not a threat to the rural economy?
(A) Inadequate rural infrastructure such as roads.
(B) Excessive utilization of technology.
(C) Fluctuating power supply.
(a) Only (C)
(b) Only (A)
(c) Both (B) & (C)
(d) Only (B)
(e) None of these
Q10. Which of the following is TRUE in the context of the passage?

(A) About 33 percent of arable land in India is irrigated.
(B) There is hardly any motivation to utilize technology to optimize water usage
among farmers.
(C) Climatic information can easily be made available to farmers.

(a) All (A), (B) & (C)
(b) Both (A) & (B)
(c) Only (A)
(d) Both (B) & (C)
(e) None of these
Directions (11-13): Choose the word which is most nearly the same in meaning
as the word printed in bold as used in the passage.
Q11. Marginal
(a) Austere
(b) Severe
(c) Detrimental
(d) Adverse
(e) Insignificant
Q12. Fault
(a) Defense
(b) Offend
(c) Imperfect
(d) Blame
(e) Sin
Q13. Dire
(a) Pessimistic
(b) Alarming
(c) Futile
(d) Frightened
(e) Fraudulent
Directions (14-15): Choose the word which is most opposite in meaning of the
word printed in bold as used in the passage.
Q14. Potential
(a) Unlikely
(b) Incapable
(c) Unable
(d) Ineffective
(e) Inherent
Q15. Iniquitous
(a) Immoral
(b) Godly
(c) Virtuous
(d) Right
(e) Just

BUSINESS CORRESPONDENCE
A Term deposit favoring Mr. Deceased for Rs.100,000/- is due for payment. The
deposit account has nomination in favor of Mr. Nominee. Today, you have received
a notice from an advocate of Mr. Claimant, claiming to be the son of the
deceased. The notice advises you to stop payment to the nominee, as the deposit
belongs to the Joint Hindu Family of the deceased. Please write a suitable reply.
RATIONALES
1. Safe keeping charges are recovered from Gold Loans.
2. Staff accounts scrutiny is to be mandatorily done by BM monthly.
3. State Bank Compensation policy is reviewed regularly by the Bank
4. RFIA is revamped with introduction of RADAR and RBOSA
5. No interest is applied on NPA accounts
6. Credit exposure norms are stipulated by the Bank
7. Fugitive ink testing is made compulsory for payment of cheques of Rs.25000

and above
8. Banks are insisting on insurance of stocks for the full value and not with
reference to limit or outstanding in the borrowal account.
9. Loan limits for students pursuing medical studies has been increased to Rs.30
lakhs.
10. Crossed cheques are not to be paid over the counter.
SITUATION ANALYSIS
1. The Branch Manager of ABC branch has received a letter from RBO calling for
explanation of why no action is initiated against 3 locker hirers where the
locker rent is not recovered for the last 3 years. The BM, a newly promoted
officer is worried on how to initiate the action. What is the procedure to be
followed for break open of the locker?
2. A customer has given a written complaint that he received 10 SMS messages

stating that amounts are debited to his account for various shopping done at
other countries. The total value of transactions is amounting to Rs.50000.
He threatened that if the amounts are not re-credited to his account, he
would contemplate action against the Bank with Banking Ombudsman and
Consumer Forum. How can you help the customer?

3. Under Department Connect, your branch conducted a meeting in a Central
Government office situated in your work place. The office is having 50
employees maintaining salary accounts with a private bank. The employees
complained that the private bank is not sanctioning personal loans and
requested if the loan could be sanctioned at our branch. Is there any product
under which the employees could be fit to sanction personal loans?
4. Smt.Sarita, who has completed engineering in IIT has approached your

branch with a project report. She wants to set up a manufacturing unit, the
project cost of which is Rs.50 lakhs. There is a ready market for the products
she wanted to manufacture. However the lady expressed her inability to
produce any collateral security and requested you to help her in setting up
the start up unit. As a BM,how could you help her in setting up the unit?

ANSWERS FOR MODEL QUESTION PAPER
Q 1 2 3 4 5 6 7 8 9 10
ANS A D D B B C C B B A
Q 11 12 13 14 15 16 17 18 19 20
ANS B B C D C A B A A A
Q 21 22 23 24 25 26 27 28 29 30
ANS D A B B A B A D D B
Q 31 32 33 34 35 36 37 38 39 40
ANS C B D A A A B D B B
Q 41 42 43 44 45 46 47 48 49 50
ANS C B D C C B* C C B ** D
Q 51 52 53 54 55 56 57 58 59 60
ANS C C B D C C B C C D
Q 61 62 63 64 65 66 67 68 69 70
ANS B C B C D C C A D A
Q 71 72 73 74 75 76 77 78 79 80
ANS C B B D D C A D B C
Q 81 82 83 84 85 86 87 88 89 90
ANS D C B C B C B D D D
Q 91 92 93 94 95 96 97 98 99 100
ANS B B D D B B C A A D
Q 101 102 103 104 105 106 107 108 109 110
ANS D C C C C B D B D C
Q 111 112 113 114 115 116 117 118 119 120
ANS D C C D B C B D D B
Q 121 122 123 124 125 126 127 128 129 130
ANS B C D C D C B C B B

Q 131 132 133 134 135 136 137 138 139 140
ANS B C C A D D D C D B
Q 141 142 143 144 145 146 147 148 149 150
ANS C B A B A D A A C C
* For abroad studies in SBI Student loan, the maximum loan amount is Rs.20 lakhs
** 25 cheque leaves are issued in BSBD accounts only to Senior citizens and
Differently abled persons on request. Others are not eligible.
ANSWERS TO DESCRIPTIVE PAPER
COMPREHENSION
1. Ans.(d)
Both (A) & (C). According to the passage, the writer focuses on the healthcare
issues in rural areas and the importance of utilizing technology in the agricultural
sector.
2. Ans.(b)
According to the passage, “Application of scientific research only in demonstration
farms” is not an impact of the Green Revolution.
3. Ans.(a)
It is mentioned in the passage that there is no motivation to reduce power
consumption because of Freely available renewable sources of energy.
4. Ans.(e)
None of these. The effects mentioned in the options are not relevant.
5. Ans.(e)
According to the passage, the author’s main objective in writing the passage is to
"advocate broadening the scope of research and use of technology in agriculture."
6. Ans.(b)
Only (B). option B is irrelevant and nothing such is mentioned in the given
paragraph.
7. Ans.(c)
Obstacles from statutory authorities has been hampering the investment in post-
harvest technologies, according to the passage.

8. Ans.(e)
None of these. All the options given are irrelevant according to the passage.
9. Ans.(d)
Only (B). According to the passage, Excessive utilization of technology is currently
not a threat to the rural economy.
10. Ans.(e)
None of these. All the options given are irrelevant according to the passage.
11. Ans.(e)
Marginal-minor and not important; not central. Hence Insignificant and marginal
are close in meaning.
12. Ans.(d)
Fault-responsibility for an accident or misfortune. Hence, fault and blame are
close in meaning according to the usage in the given passage.
13. Ans.(b)
Dire-extremely serious or urgent. Hence Alarming and dire are close in meaning
according to the usage in the given passage.
14. Ans.(d)
Potential-having or showing the capacity to develop into something in the future.
Ineffective-not producing any significant or desired effect. Hence, potential and
ineffective are antonyms.
15. Ans.(c)
Iniquitous-grossly unfair and morally wrong. Virtuous-having or showing high moral
standards.

BUSINESS CORRESPONDENCE
STATE BANK OF INDIA

XXXXXX BRANCH
XXXXXXXX TOWN
To
Shri XXXXX
Advocate
XXXXXX town
F.20-XXX/2018-19 Date :
Dear Sir,
TERM DEPOSIT IN THE NAME OF Mr. DECEASED
With reference to your letter dated ______, we have to advise as under.
We have received an application for claim of the deceased term deposit by

Mr. Nominee, who is the nominee to the captioned deposit of Mr.Deceased,
since deceased on XXXXXX.
In terms of Nomination Rules under Section 45ZA of the Banking Regulation Act,
the Bank Is under agreement to make payment of the deposit to the nominee.
On our verification of the records, we found that the fixed deposit stands in the
individual name of the depositor who had made a valid nomination under the
above Section. According to your notice on behalf of your client, the deposit
belongs to the joint family and not to the deceased in his individual capacity.
This is a matter to be settled between him and the nominee. The Bank is not
part with the said Dispute and is under an obligation to pay the amount to the
nominee unless an order Issued by a competent court restraining payment to
the nominee is served on us. This is for your Kind information.
Yours faithfully,
Branch Manager.

RATIONALES
1. Safe keeping charges are recovered from Gold Loans.
a. To arrest income leakage as otherwise safekeeping in a locker would

attract usual charges.
b. This will deter unscrupulous customers against use of banking service in a

disguised mode, free of charge.
2. Staff accounts scrutiny is mandatorily done by BM monthly.
a. To ensure that the debit and credit transactions in a staff account are
commensurate with the known source of income.
b. To guard against insider frauds.
c. A preventive vigilance measure.
3. State Bank Compensation policy is reviewed regularly by the Bank
a. The policy is formulated on the basis of “Model compensation policy”

issued by IBA.
b. The objective of the policy is that the Bank compensates the customer for
deficiency in service on the part of the Bank or any act of omission or
commission, directly attributable to the Bank.
4. RFIA is revamped with introduction of RADAR and RBOSA
a. To make the internal audit processes more effective so that the audit
scoring system and the ratings derived from it adequately reflect the
quality & effectiveness of internal controls.
b. To harness technology and analytics to monitor controls at audit units.
5. No interest is applied on NPA accounts
a. The account ceases to generate income for the Bank
b. In order to avoid tax liabilities on non-recoverable income
c. As per RBI guidelines, income should be recognized on realization basis

but not on accrual basis.
6. Credit exposure norms are stipulated by the Bank
a. To avoid concentration of credit risk

b. Failure of single advance or advance to a single group will not affect the
capital stability of the Bank
c. It is a prudential control measure to minimize the credit risk for Banks.
7. Fugitive ink testing is made compulsory for payment of cheques of Rs.25000

and above
a. It has been observed that many frauds have been perpetrated through
encashment of fake cheques. In order to arrest the frauds, this testing is
introduced.
b. A security feature is in built in the background printing of the Bank’s

name and symbol with fugitive ink, which gets smeared in contact with
any liquid containing water.
8. Banks are insisting on insurance of stocks for the full value and not with
reference to limit or outstanding in the borrowal account.
a. If the stocks are not insured for full market value, in case of loss by fire
etc, the “Average clause’ will operate and the insurance company will
pay only a proportionately lower amount.
b. This is to safeguard the Bank’s interest as the limit/outstanding in the

account will invariably lower than the stock value against which drawings
are permitted.
9. Loan limits for students pursuing medical studies has been increased to Rs.30
lakhs
a. Taking approval of higher loan limits from appropriate authority at circle

level for each loan proposal is time consuming and results in increase of
TAT and sometimes loss of business opportunities. This can be reduced by
increase of limits.
b. With a view to finance higher loan requirements of students (fully secured

by tangible collateral) and to reduce the number of deviation cases
approved.
10. Crossed cheques are not to be paid over the counter.
crossed cheques are meant to be credited to the account of the beneficiary

as per the tenor of the cheque issued by the drawer.
b. It is a direction to the paying banker. If the amount of crossed cheque is

paid over the counter, it will not be a payment in due course and the paying
banker will not get protection under Sec.126 of NI Act.

SITUATION ANALYSIS
1. The Branch Manager of ABC branch has received a letter from RBO calling for
explanation of why no action is initiated against 3 locker hirers where the
locker rent is not recovered for the last 3 years. The BM, a newly promoted
officer is worried on how to initiate the action. What is the procedure to be
followed for break open of the locker?
Ans: Where the locker holders are neither paying rent for long time nor
vacating the locker resulting in arrears of locker rent, the following procedure
should be followed.
a. Notice to be sent on or before the due date regarding payment of locker

rent.
b. Reminder 1 to be sent one month after the due date
c. Reminder 2 on Cos 405 to be sent two months after the due date.
d. Final notice on COS 406 to be sent three months after due date giving one
month time to pay.
e. Approval from controlling authority should be obtained before break open of

the locker. Before break open, registered notice with Acknowledgement due
should be sent to the hirer.
f. Break open should be made in the presence of a committee consisting of

two officers of the branch and two independent witnesses.
g. After break open, an inventory of the articles should be made and the items
can be sold to recover the bank dues by taking a valuation from a
government valuer.
Q 2. A customer has given a written complaint that he received 10 SMS

messages stating that amounts are debited to his account for various shopping
done at other countries. The total value of transactions is amounting to
Rs.50000. He threatened that if the amounts are not re-credited to his account,
he would contemplate action against the Bank with Banking Ombudsman and
Consumer Forum. How can you help the customer?
Ans: The systems and procedures in the Bank has been designed to make
customer feel safe about carrying out electronic banking transactions. On
receipt of report of an unauthorized transaction from the customer, the branch
to take immediate steps to prevent further unauthorized transactions in the
account. As per RBI policy, the Bank has devised Zero liability of a customer.
This zero liability shall arise where the unauthorized transaction occurs on

account of either contributory fraud/deficiency on the part of the Bank/third
party breach where the deficiency lies neither with the Bank nor with the
customer but lies elsewhere in the system, and the customer notifies the Bank
within three working days of receiving the communication by SMS/email
regarding the unauthorized transaction.
On being notified by the customer, the Bank will credit (shadow reversal) the
amount involved in the unauthorized electronic transaction to the customer’s
account within 10 working days from the date of such notification by the customer
with value dated as of the date of unauthorized transaction.
3. Under Department Connect, your branch conducted a meeting in a Central

Government office situated in your work place. The office is having 50 employees
maintaining salary accounts with a private bank. The employees complained that
the private bank is not sanctioning personal loans and requested if the loan could
be sanctioned at our branch. Is there any product under which the employees
could be fit to sanction personal loans?
Ans : In respect of central government employees maintaining salary account with

other Bank, personal loan can be sanctioned under “Xpress Power”. The eligibility
criteria for sanction of loan is : a. Permanent employee with one year confirmed
service. B. Minimum gross monthly income of Rs.50000 c. 24 times NMI with a
minimum term loan of Rs.25000 and max of Rs.15 lakhs can be sanctioned. In case
of Overdraft, minimum loan amount is Rs.5 lakhs. d. EMI/NMI should be 50% e.
maximum repayment period is 60 months or residual service period whichever is
less. Minimum CIBIl score of 700 with satisfactory report with no default.
Q 4. Smt.Sarita, who has completed engineering in IIT has approached your branch
with a project report. She wants to set up a manufacturing unit, the project cost
of which is Rs.50 lakhs. There is a ready market for the products she wanted to
manufacture. However the lady expressed her inability to produce any collateral
security and requested you to help her in setting up the start up unit. As a BM,how
could you help her in setting up the unit?
Ans : To facilitate sanction of bank loans between Rs.10 lakhs and Rs.1 crore to
SC/ST/women borrowers for setting up a Greenfield enterprise, Stand Up India
scheme was introduced by the Government of India. The enterprise may be in
manufacturing, service, or the trading sector. However atleast 51% of
shareholding should be help by any of these target borrowers. A composite loan of
working capital/term loan is sanctioned with a repayment for term loans upto a
maximum of 7 years. The primary security will be hypothecation of stocks,
machinery, movables etc. purchased out of Bank’s finance. No collateral or third
party guarantee is to be taken for sanction of loan under Stand Up India scheme. A
credit guarantee for loans under the scheme is available.

**** ALL THE BEST IN YOUR CONFIRMATION TEST******
POST YOUR SUGGESTIONS/COMMENTS TO
vaddiparthy.v.srinivas@sbi.co.in

Po Confirmation Test-Model Test Paper - 2018

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MODEL QUESTION PAPER

CONFIRMATION TEST OF PROBATIONARY OFFICERS

1 The chairman of Insolvency and Bankruptcy Board of India

a) M.S.Sahoo b) Piyush Goyal

a) Rs.15 lakhs b) Rs.20 lakhs

c) Rs.30 lakhs d) Rs.35 lakhs

3 Select an odd man in the values of the Bank

4 No.of SBI branches as on 31.03.2018

5 Market share of advances of SBI as on 31.03.2018

6 In SBI, share of transactions on Alternate channels is

7 Capital Adequacy Ratio of SBI as per Basel III norms is

Prepared by V.V.Srinivas, CM(Faculty), SBILD VIZIANAGARAM

9 Full form of CEEP which is already introduced in SBI

a) Customer Excellence Experience b) Customer Experience Excellence

c) Customer Efficiency Experience d) Customer Experience Efficiency

c) Reliance JIO d) None of these

11 The Central Accounts Office (CAO) of SBI was recently shifted to

a) New Delhi b) Mumbai

12 The full form of MOPAD, recently launched by SBI is

a) Multiple Opportunity Payment b) Multi Option Payment Acceptance

c) Management of Payment and d) Multi Option Premium Acceptance

c) Reliance Jio d) TVS Motors

Prepared by V.V.Srinivas, CM(Faculty), SBILD VIZIANAGARAM

16 Who is the chairman of SEBI

a) Ajay Tyagi b) Suresh Sethi

17 The latest country on which USA imposed sanctions

18 10th edition of BRICS summit was recently held in

20 Who won the FIFA football world cup 2018?

c) Andhra Bank d) Indian Bank

Prepared by V.V.Srinivas, CM(Faculty), SBILD VIZIANAGARAM

a) Indian Bank b) Bank of India

c) Bank of Baroda d) Allahabad Bank

a) SBI b) Punjab National Bank

c) Andhra Bank d) Canara Bank

a) Karnataka b) Andhra Pradesh

a) LIC of India b) General Insurance Corporation of

a) State Bank of India b) Punjab National Bank

c) Bank of India d) Bank of Baroda

27 Who is appointed as Chairman of 15th Finance Commission?

a) N.K.Singh b) Ashok Lahiri

c) Ramesh Chand d) Anoop Singh

28 For categorization of micro enterprises in manufacturing sector, the

a) Rs.10 lakhs b) Rs.25 lakhs

c) Rs.100 lakhs d) Rs.5 crores

Prepared by V.V.Srinivas, CM(Faculty), SBILD VIZIANAGARAM

a) Shri Parveen Kumar Gupta b) Shri Dinesh Kumar khara

c) Shri Arijit Basu d) Smt Anshula Kant

c) J.Packirsamy d) Mrutunjay Mahapatra

31 What is the maximum age limit for a home loan borrower?

a) Reliance jio b) SBI Card

c) Home Loan Councellors d) Marketing Associates

a) Electricity/water board one time b) Township corpus fund

c) Development charges d) Stamp duty/Registration charges

a) Rs.5 lakhs b) Rs.10 lakhs

c) Rs.15 lakhs d) Rs.20 lakhs

35 Which of the following home loan product is available through INB

a) Insta Home top up loan b) Smart Home top up loan

c) SBI Home Loan PAL d) SBI Suraksha

Prepared by V.V.Srinivas, CM(Faculty), SBILD VIZIANAGARAM

a) Rs.2.5 lakhs b) Rs.3 lakhs

c) Rs.4 lakhs d) Rs.6 lakhs

a) Fully disbursed home loan b) Minimum home loan limit of Rs.10

38 The following auto loan schemes have been discontinued.