Get Started

Top 50 Banking GK Questions for SBI Exam

3 years ago 12.9K Views
Q :  

Which report is published by World Bank every year?

(A) human development report

(B) world development report

(C) international finance and development report

(D) world trade development report

Correct Answer : B

Q :  

Non-performing assets are those assets that are overdue for a period of more than?

(A) 90 days in interest and/or installment in term loan

(B) 90 days out of order in case of over draft or cash credit, bills purchased and bills discounted.

(C) 2 harvest seasons for advances for cultivation of short duration crops.

(D) all of the above

Correct Answer : D
Explanation :
Reserve Bank of India defines Non Performing Assets in India as any advance or loan that is overdue for more than 90 days.



Q :  

High powered money is:-

(A) bank's reserves at central bank

(B) all loans and advances of banks

(C) money held by banks

(D) currency held by public and reserves with the central bank.

Correct Answer : A

Q :  

The total number of stock exchanges in India is:-

(A) 21

(B) 22

(C) 23

(D) 24

Correct Answer : C
Explanation :

There are 23 stock exchanges in India. Among them, two are national-level stock exchanges namely Bombay Stock exchange (BSE) and National Stock Exchange (NSE). The rest 21 are Regional Stock Exchanges (RSEs).


Q :  

Which body regulates microfinance?

(A) RBI

(B) IBA

(C) NABARD

(D) NABARD

Correct Answer : C

Q :  

Accounts are allowed to be operated by cheques in respect of:-

(A) both saving and fixed accounts

(B) saving and current accounts.

(C) current and fixed accounts.

(D) all type of accounts available.

Correct Answer : B
Explanation :
Current/cheque accounts are accounts with a cheque facility.



Q :  

After how many days of non-repayment of loan installments, the loan is termed as NPA:-

(A) 120 days

(B) 180 days

(C) 90 days

(D) from the day of lapse of payment.

Correct Answer : C
Explanation :
A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days.



Q :  

Interest on savings bank account is now calculated by banks on:-

(A) minimum balance during the month

(B) minimum balance from 7th to last day of the month

(C) maximum balance during the month

(D) daily product basis

Correct Answer : D
Explanation :

The RBI regulation states that the interest rate on your savings account is determined daily based on your closing balance. Your bank will credit your account with the interest earned on a semi-annual or quarterly basis, depending on the type of savings account you have and the bank's policy.


Q :  

Which of the following is not considered a money market instrument?

(A) treasury bills

(B) repurchase agreement

(C) commercial paper

(D) shares and bonds

Correct Answer : C
Explanation :

Equity Shares is not a `Money Market Instrument.


Q :  

Committee related with the merger of RRbs with their sponsor bank is:-

(A) Khusro committee

(B) khan committee

(C) malegam committee

(D) narsimhan committee

Correct Answer : A

Related categories

Very important related articles. Read now

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today