Banking Awareness Questions onÂ 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.Â State Bank of India Banking Awareness Questions.Â

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
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
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
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
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
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
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
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
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%
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
C) State Bank of Travancore
D) State Bank of Saurashtra
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
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
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
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
Option C
15. SBI has launched NETC- SBI FASTag. What does N stands for in NETC?
A) Network
B) National
C) Numbered
D) Nominal
Option B
Explanation
: National Electronic Toll Collection (NETC)- SBI FASTag

20 Thoughts to “Banking Awareness Set 79 (State Bank of India)”

1. Ambika

thankyou sir :)))

2. Sachin Shukla

ty

1. MiMi

exam kaisa hua?

1. Sachin Shukla

bekar

2. Sachin Shukla

very very very……tough exam

3. More than....

ty sir;)

4. MiMi

thnk u sir

5. kumkum ahuja

ty az:)

6. Be courageous

ty sir ðŸ™‚

7. Be courageous

didnt understand ques no 12

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?

1. Be courageous

okk sirji ty :)….banking awareness sets are really gud .

8. ðŸ™‚
If you like the quizzes, do recommend to other people too.

9. Saikiran Kumar

great work sir.thanks a ton..

10. jay

thank u sir

11. Ittu Si Barbie (ï½¡â™¥â€¿â™¥ï½¡)

Thanku so so much :))

12. jaga

thank u.