Banking Awareness Set 79 (State Bank of India)

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Banking Awareness Questions on State Bank of India

This set contains important questions of Acts that are related to State Bank of India. Important questions for upcoming banks and insurance exams SBI PO, Dena bank, IBPS PO, IBPS Clerk, RRB PO and Clerk. State Bank of India Banking Awareness Questions. 

  1. The combined Asset base of State Bank of India after merger with associate banks and BMB is?
    A) Rs 25 lakh crore
    B) Rs 30 lakh crore
    C) Rs 37 lakh crore
    D) Rs 50 lakh crore
    View Answer
    Option C
  2. Total number of customer with State Bank of India after merger after merger with associate banks and BMB is?
    A) 20 crore
    B) 25 crore
    C) 40 crore
    D) 50 crore
    View Answer
    Option D
  3. Total number of branches of State Bank of India after merger is?
    A) 15,000
    B) 20,000
    C) 24,000
    D) 30,000
    View Answer
    Option C
  4. Total number of ATMs of State Bank of India after merger is?
    A) 45,700
    B) 48,700
    C) 58,700
    D) 62,700
    View Answer
    Option C
  5. What is the minimum balance amount for SBI Account in a Metro City?
    A) Rs 1,000
    B) Rs 2,000
    C) Rs 3,000
    D) Rs 5,000
    View Answer
    Option C
  6. What is the minimum balance amount for SBI Account in a Rural Area?
    A) Rs 1,000
    B) Rs 2,000
    C) Rs 3,000
    D) Rs 5,000
    View Answer
    Option A
  7. What is the minimum balance amount for SBI Account in an Urban Area?
    A) Rs 1,000
    B) Rs 2,000
    C) Rs 3,000
    D) Rs 5,000
    View Answer
    Option C
  8. What is the minimum balance amount for SBI Account in a Semi-Urban City?
    A) Rs 1,000
    B) Rs 2,000
    C) Rs 3,000
    D) Rs 5,000
    View Answer
    Option B
    Explanation    : For metro cities, the minimum balance is Rs 5,000. In urban, semi-urban and rural areas, it will be Rs 3,000, Rs 2,000 and Rs 1,000, respectively.
  9. What percent stake does the Central Government holds in State Bank of India?
    A) 51%
    B) 59%
    C) 62.22%
    D) 66%
    View Answer
    Option C
    Explanation    : The central government holds 62.22% stake in the bank as of March 2017.
  10. Which of the following is the first Sate Bank Associate Bank that got merged with State Bank of India?
    A) State Bank of Indore
    B) State Bank of Hyderabad
    C) State Bank of Travancore
    D) State Bank of Saurashtra
    View Answer
    Option D
    Explanation    : In 2008- State Bank of Saurashtra
  11. Which of the following bank is not regulated by Reserve Bank of India?
    A) State Bank of Sikkim
    B) IDBI Bank
    C) State Bank of Indore
    D) State Bank of Travancore
    View Answer
    Option A
    Explanation    : State Bank of Sikkim was established in 1968 under the Royal Proclamation of Chogyal, which is an old law of Sikkim protected by Article 371F of the Constitution of India. It is therefore outside the purview of Bank Regulation Act and Reserve Bank of India.
  12. In Moscow State Bank of India owns 60% shares in Commercial Bank of India, which bank owns the rest 40%?
    A) ICICI Bank
    B) HDFC Bank
    C) Axis bank
    D) Canara Bank
    View Answer
    Option D
  13. In which year Government of India acquired the shares of RBI in State Bank of India?
    A) 2005
    B) 2006
    C) 2007
    D) 2008
    View Answer
    Option C
    Explanation    : On 30 June 2007
  14. In which year State Bank of India Act was passed?
    A) 1934
    B) 1945
    C) 1955
    D) 1957
    View Answer
    Option C
  15. SBI has launched NETC- SBI FASTag. What does N stands for in NETC?
    A) Network
    B) National
    C) Numbered
    D) Nominal
    View Answer
    Option B
    Explanation    : National Electronic Toll Collection (NETC)- SBI FASTag

 

 

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23 thoughts on “Banking Awareness Set 79 (State Bank of India)”

    1. Suraj

      Commercial Bank of India is a bank in Moscow of which SBI is the major share holder . 60% is with sbi. So the ques asks. Which bank has the rest shares?

  15. merchant services sales representative

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