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Question Paper from: SBI PO Mains 2017

Non-Banking Financial Company (NBFC) are allowed to accept/renew public deposits for a maximum period of ___.

12 months

24 months

48 months

60 months

None of these

Solution:

Chapter Name: Banking Awareness

This has been asked in Question Paper

SBI PO Mains 2017

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Chapters. Current Affairs

US -based think tank GFI in its report titled ‘Illicit Financial Flows to and from Developing

Countries: 2005 - 2014’, has estimated that $770 billion worth of black money entered India during 2005 - 2014. Here GFI stands for -

Chapters. Financial Awareness

A class of derivative whose value is at least partly derived from one or more underlying stock exchange securities?(Trade, Commodity, Credit, Interest Rate, Equity)

Chapters. Financial Awareness

Working capital means

Chapters. Data - Sufficiency

Directions: The question given below is followed by two statements. You have to determine whether the data given in the statements are sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose between the possible answers.

How many students from institute 'A' got the placement?

I. Number of students studying in institutes A and B are in the ratio of 3:4 respectively.

II. Number of students who got placement from institute B is 120% of the number of students who got placement from institute A

III. 80% of the students studying in institute B got placement.

Chapters. Banking Awareness

Consider the following statements regarding Payment Banks:

A) Payment Banks can't advance loans or issue credit cards.

B) Payment Banks can accept demand deposits up to Rs 5 lakh.

C) Payment Banks offer remittance services,mobile payments/transfers/purchases.

D) Payment Banks offer banking services like ATM/debit cards, net banking and third party fund transfers

Which of the above options are correct:

Chapters. Banking Awareness

After the merger of five associates Banks in State Bank of India (SBI), now the total number of ATMs reached across the country is _____.

Chapters. Banking Awareness

Which bank has launched ‘Mingle’?

Chapters. Banking Awareness

Reserve Bank of India (RBI) tightened the rules around making the JLF more effective,directing banks not to break any rules and to meet all deadlines. Here JLF stands for-

Chapters. Data - Sufficiency

What is the rate of interest Percent perannum?

I. An amount doubles itself in 5 yr on simple interest.

II. Difference between the compound interest and the simple interest earned on a certain amount in two years is ₹ 400.

III. Simple interest earned per annum is ₹ 2000

Chapters. Current Affairs

The target for agricultural credit in 2017 - 18 has been fixed at a record level of _____.

Chapters. Banking Awareness

The National Financial Switch (NFS) facilitates routing of ATM transactions through inter - connectivity between the Bank’s Switches, thereby enabling the citizens of the country to utilize any ATM of a connected bank. The National Financial Switch (NFS) is runby ___.

Chapters. Current Affairs

As per report of Stockholm International Peace Research Institute (SIPRI) India’s military expenditure in 2016 grew by -

Chapters. Current Affairs

Finland has become the first country in Europe to pay its unem ployed citizens a basic monthly income, amounting to___.

Chapters. Current Affairs

The government has decided to make tax evasion of over ____________ under the proposed Goods and Services Tax (GST) the regime as a non-bailable of fence.

Chapters. Banking Awareness

_______ is the rate at which banks borrow funds overnight from the Reserve Bank of India (RBI) against approved government securities.

Chapters. Current Affairs

Foreign direct investment (FDI) in India grew 18 per cent during 2016 to touch __________data released by the Department of Industrial Policy and Promotion (DIPP).

Chapters. Data - Sufficiency

Direction: The question given below is followed by some statements. Read the question carefully and determine which of the given statements is/are necessary/required to answer the question.

What is the cost of flooring the rectangular hall?

I. Length and the breadth of the hall are in the ratio of 3:2

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Chapters. Current Affairs

Which of the following country has topped in the World Economic Freedom (WEF) Index 2016?

Chapters. Current Affairs

The target of digital transactions through UPI, USSD, Aadhar, IMPS for 2017 - 18 is ____.

Chapters. Sentence Improvement

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Chapters. Financial Awareness

The Union Budget 2017 - 18 has allocated Rs. __________ crore to the flagship MGNREGA program?

Chapters. Current Affairs

Recently IMF revised India’s GDP growth rate forecast from earlier estimated 7.2 Percent to ______.

Chapters. Current Affairs

Amendment to Section _______ of Negotiable Instruments Acts to include the electronic image of a truncated cheque and a cheque in electronic form.

Chapters. Banking Awareness

Reverse Repo Rate is a tool used by RBI to

Chapters. Sports News

Name the world’s highest wicket - taker in women ODI cricket?

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Chapters. Sports News

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Chapters. Current Affairs

Recently NITI Aayog has constituted an ‘Expert Task Force’ to provide a major thrust to job creation by enhancing India’s exports. Who will head the task force?

Chapters. Mensuration

ABCD is a trapezoid. P QRS and MLKJ are two rhombus. Diagonal of PQRS are 6 cm and 8cm. One of the angle of MLKJ is 120 degree and the diagonal bisecting that angle measures 15 cm. Side of PQRS = AB, side of MLKJ = CD. Find MN (median of trapezoid)

Chapters. Current Affairs

Who among the following has been elected as the chairman of ‘FIFA governance committee’ at the world football governing body's?

Chapters. Current Affairs

The base year for calculating key economic growth from 2004 - 05 changed to?

Chapters. Alligation and Mixture

A vessel contains 2.5 litres of water and 10 litres of milk. 20% of the contents of the vessel are removed. To the remaining contents, x litres of water is added to reversethe ratio of water and milk. Then y litre of milk is added again to reverse the ratio of water and milk. Find y.

Chapters. Current Affairs

In the year 2017, the Indian government has revised base year of which of the following indices?

Chapters. Current Affairs

Which of the following country hosted the 14th Edition of United Nations International Day of Vesak 2017?

Chapters. Banking Awareness

Recently, RBI revised PCA framework for banks. Here PCA stands for -

Chapters. Current Affairs

India Licensing Expo (ILE), India's first and most influential brand licensing show will take place on 20 August 2017 in ___.

Chapters. Seating Arrangement

8 people

–

A, B, C, D, E, F, G and H are sitting in a line. No two people with consecutive letters are sitting together li

A cannot site together. B cannot sit with A and C and so on.

A is sitting at an extreme end. There are 2 people between A and B. There are 2 people between C and D. C n

or D is

sitting at extreme end. D is somewhere right of B. B is sitting second to left of F. There are mor

e than 3 people sitting

between C and H. How many people are sitting G and H?

Chapters. Current Affairs

Unified Payments Interface (UPI) launched by the National Payments Corporation of India (NPCI) would do the following function-

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Chapters. Data - Sufficiency

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If k is an integer and x(x–k) = k + 1, what is the value of x?

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Which bank has launched 'Aadhaar Payment Bridge System' (APBS) for small ticket micro - finance loan disbursements?

Chapters. Current Affairs

Government of India has changed Cost Inflation Index (CII) base year from 1981 to ___.

Chapters. Current Affairs

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Chapters. Current Affairs

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Institute for Development & Research in Banking Technology (IDRBT) is in?

Chapters. Current Affairs

Insolvency and Bankruptcy Board of India (IBBI) constituted Technical Committee Under _______ to give recommendations for laying down Technical Standards for performance of core services and other services under IBBI

Information Utilities) Regulations 2017.

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Chapters. Banking Awareness

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Direction: The question given below is followed by some statements. Read the question carefully and determine which of the given statements is/are necessary/required to answer the question.

Find the two - digit number?

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