SBI - IBPS - Model question paper Clerk PO(Banking Industry and Finance Only ) - 2 (Sample question paper)

SBI - IBPS - Model question paper Clerk PO(Banking Industry and Finance Only ) - 2 (Sample question paper) :
This will be useful in SBI, IBPS clerical and probationary officer(PO) exams...
Practice these papers and do well in the exams... Good luck... Enjoy the exam...


1. RBI was nationalised in the year_____


    1. 1934
    2. 1935
    3. 1949
    4. 1955
    5. 1969


2. The Imperial Bank of India was nationalised and was renamed as SBI in the year____


    1. 1934
    2. 1949
    3. 1955
    4. 1969
    5. 1950


3. The first Regional Rural Bank (RRB) was established on October 2, _____


    1. 1969
    2. 1955
    3. 1975
    4. 1980
    5. None

4. How many RRBs are there in India ?

    1. 82
    2. 197
    3. 125
    4. 150
    5. 138

5. DRT stands for _____
 
   1. Direct Route Transfer
   2. Debt Recovery Tribunal
   3. Department Rate for Transfer
   4. Differential Rate of Transfer
   5. None of these

6. Which of the following is not a fully owned subsidiary of RBI ?

1. National Housing Bank (NHB)
2. Deposit Insurance and Credit Guarantee Corporation of India (DICGC)
3. Bharatiya Reserve Bank Note Mudran Private Ltd (BRBNMPL)
4. National Bank for Agriculture and Rural Development (NABARD)
5. None of these

7. In which of the following institution has RBI got majority stake ?

1. National Housing Bank (NHB)
2. Deposit Insurance and Credit Guarantee Corporation of India (DICGC)
3. Bharatiya Reserve Bank Note Mudran Private Ltd (BRBNMPL)
4. National Bank for Agriculture and Rural Development (NABARD)
5. None of these

8. To manage day to day liquidity in the banking system, RBI has instituted a system called LAF. What is     LAF ?

1. Liquidity Adjustment Facility 
2. Liquidity adjusted Frequency
3. Liquidity Against Facilities
4. Liquid Arrears Facility
5. None

9. To manage liquidity, RBI started MSS. What is MSS ?

1. Market Surplus Scheme
2. Marketing Stabilised Surplus
3. Market Stabilisation Scheme
4. Major Stabilisation Surplus
5. None

10. Four note printing presses are in operation in India. Which one of the following is not among them?

a. Dewar in Madhya Pradesh    b. Nasik in Maharashtra    c. Mysore in Karnataka    d. Salboni in west Bengal    e. Balasore in Odisha

1. a
2. b
3. c
4. d
5. e

11. Four coin mints are in operation. Where cannot we locate one ?

1. Mumbai
2. New Delhi
3. Noida 
4. Kolkatta
5. Hyderabad

12. Ways and Means Advances (WMA) is a short term credit scheme available from RBI to _____

1. Commercial Bank
2. Development Banks
3. State Government
4. Cooperative Bank
5. None

13. Pick out the incorrect combination among the following.

      a. FCNR - Foreign Currency Non Resident 

      b. NRE - Non Resident External

      c. NRO - Non Resident Ordinary

      d. NRNR - Non Resident Non Repatriable

      e. NRE - Non Resident Expatriate

1. Only a
2. Only b
3. Only c
4. Only d
5. Only e

14. The minimum amount to be remitted through RTGS is ?

1. Rs. 1 lakh
2. Rs. 2 lakh
3. Rs. 3 lakh
4. Rs. 4 lakh
5. Rs. 5 lakh

15. When you transfer fund electronically, Indian Financial System Code (IFSC) must be mentioned. IFSC has ______ characters. 

1. 5
2. 9
3. 11
4. 13
5. 14

16. RBI enables National Electronic Fund Transfer (NEFT) as a batch settlement. NEFT operates in batches every ______

1. 1 hour
2. 2 hours
3. 3 hours
4. 4 hours
5. 5 hours

17. Which of the following is not possible through an ATM of a bank ?

    a. Account information seeking

    b. Cash deposit

    c. Regular bills payments

    d. Purchase of recharge vouchers for mobile phone

    e. Mini / Short statement 

    f. Loan account inquiry

    g. Quick dispersal of loans

1. All the above are possible
2. All except f
3. All except g
4. All except d
5. None of these

18. HNI stands for ______

1. High Net-worth Individuals
2. Higher National Income
3. Higher Net Income
4. High Net Interest 
5. None of these

19. While reading newspapers, we may come across new items that say 'an SPV is constituted'. What is SPV?

1. Super Powered Vehicle
2. Special Purpose Vehicle
3. Specially Powered Vehicle
4. Special Purpose Value
5. None of these

20. 'The guilt edged market' refers to market for 

1. Gold
2. Corporate securities
3. Repo, reverse repo
4. Government and semi Government securities
5. None of these 

21. ______ Trading of Registered Interest and Principal of Securities (STRIPS) are basically zero-coupon securities where investor receives a payment at maturity only. 

1. Security 
2. Structure   
3. Separate
4. Special
5. Sum

22. The Unit Trust of India (UTI) was established in the year______

1. 1960
2. 1963
3. 1965
4. 1969
5. None

23. One unit of Unit Trust of India will cost 

1. Re. 1
2. Re. 10
3. Re. 100
4. Re. 1000
5. None of these

24. Which of the following cities is called financial capital of India ?

1. Mumbai
2. Bangaluru
3. New Delhi 
4. Chennai
5. Kolkatta

25. The Bombay Stock exchange is located at 

1. Dhalal street
2. Wall street
3. Horniman Circle
4. Medows street
5. Dharavi

26. How many regional stock exchanges are there in India?

1. None
2. 26
3. 19
4. 14
5. 11

27. The National Skill Development Council is chaired by

1. Prime Minister
2. Deputy Chairman of Planning Commission
3. Finance Minister
4. Labour Minister 
5. None of these

28. Pick out the incorrect combination.

     a. ALM - Asset Liability Management

     b. CBLO - Collateralised borrowing and Lending Operation

     c. ECB - External Commercial Borrowing

     d. FMCG - Fast Moving Consumer Goods

1. None is incorrect
2. Only a
3. Only b
4. a and b
5. Only c

29. ULIP  stands for

1. United Labour Insurance Policy
2. Unit Linked Insurance Plan
3. Union Labour Improvement Plan
4. United Liberal Insurance Plan
5. None 

30. LLP stands for

1. Limited Liability Partnership
2. Lean Liability Partnership
3. Limited Lean Partnership
4. Loan Limited Partnership
5. None

31. What is meant by 'Indian rupee is appreciating' ?

     a. The purchasing power of the rupee is declining

     b. The exchange rate of rupee is going up

     c. The purchasing power of rupee is going up

1. Only a
2. Only b
3. Only b and c
4. Only c
5. none

 32. Which state passed a bill for regulating micro finance institutions ?

1. Tamil Nadu
2. Bihar 
3. Karnataka
4. Andhra Pradesh
5. None of these

33. Which of the following has launched Bank on Bike initiative to cover villages untouched by banking facilities so far ?

1. Bank of India
2. Bank of Baroda
3. Central Bank of India
4. SBI
5. None of these

34. Which of the following pairs of India's public sector banks and their head quarters are correctly matched  ?

  a. Punjab National Bank - New Delhi

  b. Alahabad Bank - Kolkata

  c. Bank of India - Mumbai

1. a only
2. a and b only 
3. b and c only
4. a, b and c
5. None

35. China emerged as the world's second largest economy in 2010, overtaking _____

1. Germany
2. Briton
3. France
4. Japan
5. US

36. Which of the following has launched the 'Everywhere Teller Machine' (ETM) in India ?

1. StanChart Bank
2. HDFC Bank
3. SBI
4. Axis Bank
5. ICICI Bank

37. According to the RBI, branches serving population of ______ and above are classified as metropolitan branches.

1. 5 lakh
2. 10 lakh
3. 25 lakh
4. 50 lakh
5. None

38. Which foreign bank has the highest number of employees in India ?

1. HSBC
2. RBS
3. Standard Chartered Bank
4. Citi Bank
5. None of these

39. The amount of money that can be loaded on mobile phones (mobile wallet).

1. Rs. 10000
2. Rs. 15000
3. Rs. 25000
4. Rs. 50000
5. None

40. Which public sector bank is associated with the launch of India's first Grameen Bank ATM Card in association with Varanasi based Kashi Gomti Samyut Grameen Bank and National Payments Corporation of India (NPCI)?

1. Alahabad bank
2. SBI
3. UBI
4. Canara Bank
5. None

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