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Question Paper from: SBI PO Mains 2017

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

1) It would eliminate the need to exchange sensitive information about bank account numbers during a financial transaction.

2) It allows sharing of a bill among peers.

3) It allows individual to even request the money from its debtors.Select the correct answer-

1 and 2 only

2 and 3 only

1 only

1, 2 and 3

3 only

Solution:

Chapter Name: Current Affairs

This has been asked in Question Paper

SBI PO Mains 2017

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More Questions From Paper

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. Current Affairs

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

Chapters. Sports News

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

Chapters. Banking Awareness

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

Government has approved Rs 681 crore asseed capital for building a total corpus of ____ under the electronic development fund meant to support entrepreneurship and innovation in electronics and IT.

Chapters. Financial Awareness

Working capital means

Chapters. Current Affairs

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

Chapters. Sentence Improvement

Direction: In the following question, a part of the sentence is printed in bold. Below the sentence alternatives to the bold part are given at (A), (B), (C) and (D) which may help improve the sentence. Choose the correct alternative. In case the given sentence is correct, your answer is (E) i.e. No correction required. The need for conservation of wildlife in India is often questioned because of the apparently incorrect priority on the face of direct poverty of the people.

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. 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

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

Chapters. Current Affairs

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

Chapters. Financial Awareness

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

Chapters. Financial Awareness

What do we call the risk of collapse of an entire financial system or entire market?

Chapters. Current Affairs

How much fiscal deficit target in terms of GDP percent, fixed by government for financial year 2018?

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. Banking Awareness

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

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. Current Affairs

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

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. 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. Current Affairs

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

Chapters. Banking Awareness

Which bank has launched ‘Mingle’?

Chapters. Current Affairs

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

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.

Chapters. Banking Awareness

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

Chapters. Banking Awareness

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

Chapters. Current Affairs

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

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.

Find the two - digit number?

I. The difference between the number and the number formed by interchanging the digit is 27

II. The difference between two digits is 3.

III. The digit at unit's place is less than that atten's place by 3

Chapters. Banking Awareness

What is a ante - dated cheque?

Chapters. Current Affairs

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

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. Sports News

Kavinder Singh is related to which game?

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. Banking Awareness

Reverse Repo Rate is a tool used by RBI 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

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

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. 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. Data - Sufficiency

Directions: The following question is followed by few statements. You have to study the question and all the statements given and decide whether the information provided in the statement(s) is sufficient/required to answer the question or not:

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

I. x < k

II. x = k + 1

III. x = 3 – k

Chapters. Banking Awareness

RBI has said in a notification that all existing asset reconstructions companies (ARC) must have minimum net owned corpus of how much amount by March 2019?

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

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

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

II. Length of the hall is 48 m and cost of flooring is ₹ 850 Per sq.m.

III. Perimeter of the hall is 160 m and cost of flooring is ₹ 850 per sq m

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.

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