SBI cleark General awareness papers
1) The maturity value of a Recurring deposit with a monthly contribution of Rs 500 kept for a period of 12 months, at 9% interest rate compounded quarterly would be Rs.?
1.6, 265 2.6, 625 3.7, 255 4.7, 555
1.6, 265 2.6, 625 3.7, 255 4.7, 555
2) Which of the following is not an imperfect note?
1.Washed note 2.Bleached note 3.Mutilated note 4.Oiled note
1.Washed note 2.Bleached note 3.Mutilated note 4.Oiled note
3) Credit rating helps in measuring the credit risk and facilitates?
1. Considering higher credit limits
2. Making loan provisioning at an early stage
3. Accurately calculate the probable loan losses
4. Pricing of a loan
1. Considering higher credit limits
2. Making loan provisioning at an early stage
3. Accurately calculate the probable loan losses
4. Pricing of a loan
4) The Reverse Repo has the following characteristic?
1. Borrowing by RBI from banks
2. Borrowing with government security as collateral
3. Short term borrowing
4. All of these
1. Borrowing by RBI from banks
2. Borrowing with government security as collateral
3. Short term borrowing
4. All of these
5) Under the Nayak Committee recommendations, the quantum of working capital limits from the bank is minimum percentage of the projected annual sales?
1. A.5% 2.15% 3.20% 4.25%
1. A.5% 2.15% 3.20% 4.25%
6) Banks insist on providing finance for those projects or activities only which they consider to be viable. What is meant by viability of project?
1.Capacity to generate cash, adequate to service debt and surplus for borrower’s personal requirement.
2.Generation of cash to meet debt liability 3.Generation of profits.4.Generation of gross profits
1.Capacity to generate cash, adequate to service debt and surplus for borrower’s personal requirement.
2.Generation of cash to meet debt liability 3.Generation of profits.4.Generation of gross profits
7) Which of the following is a type of anticipatory letter of credit?
1.Green clause letter of credit 2.Yellow clause letter of credit
3.Back to back letters of credit 4.Revolving letter of credit
1.Green clause letter of credit 2.Yellow clause letter of credit
3.Back to back letters of credit 4.Revolving letter of credit
Performance guarantee is issued?1.In lieu of earnest money 2.In lieu of retention money
3.In lieu of indemnity bonds 4.For successful competition of Turnkey projects
9) Which of the following is not a transfer of funds by using the electronic media?
1.Mail transfer of funds 2.Telegraphic transfer of funds
3.Electronic credit transfers 4.Electronic clearing transfers
1.Mail transfer of funds 2.Telegraphic transfer of funds
3.Electronic credit transfers 4.Electronic clearing transfers
10) Which of the following is not an augmenting feature of credit cards?
1.Personal accident insurance 2.Cash withdrawal facility
3.Add-On facility 4.Automatic recovery of interest on term loans
1.Personal accident insurance 2.Cash withdrawal facility
3.Add-On facility 4.Automatic recovery of interest on term loans
11) Which of the following is a disadvantage of going public issue?
1.Provides liquidity to existing shares 2.Commands better pricing than placement with few investors
3.Increased regulatory norms 4.Enables valuation of the company
1.Provides liquidity to existing shares 2.Commands better pricing than placement with few investors
3.Increased regulatory norms 4.Enables valuation of the company
12) Which of the following is not a reason for regulating the banking operations?
1. Banks hold a major portion of the public savings
2. Banks intermediate between the savings and investments
3. Banks hold a large part of the money supply
4. Banks earn profit from non-fund services
1. Banks hold a major portion of the public savings
2. Banks intermediate between the savings and investments
3. Banks hold a large part of the money supply
4. Banks earn profit from non-fund services
13) Which of the following statements is true?
1. Resave Bank ofIndia
2. Reserve Bank ofIndia
3. Banks have authority to establish the ATMs at their convenience
4. Rural banks of commercial banks do not have freedom to issue credit cards
1. Resave Bank of
2. Reserve Bank of
3. Banks have authority to establish the ATMs at their convenience
4. Rural banks of commercial banks do not have freedom to issue credit cards
14) When the customer withdraws cash from ATM, the banker and customer relation ship is?
1.Debtor and Creditor 2.Creditor and Debtor 3.Lessor and Lessee 4.Agent and principal
1.Debtor and Creditor 2.Creditor and Debtor 3.Lessor and Lessee 4.Agent and principal
15) Which of the following is a public sector Bank?
1.IDBI 2.ICICI 3.AXIS 4.HDFC
1.IDBI 2.ICICI 3.AXIS 4.HDFC
16) Trade control in India
1.RBI 2.SEBI 3.EXIM Bank 4.DGFT
1.RBI 2.SEBI 3.EXIM Bank 4.DGFT
17) Which of the following businesses is prohibited as per Sec 8 of B.R Act 1949?
1.Executing the trusts 2.Leasing 3.Retail trading 4.Underwriting
1.Executing the trusts 2.Leasing 3.Retail trading 4.Underwriting
18) Which of the following is not one of the essential elements of internal audit?
1.Totality 2.Expertise 3.Independence 4.Subjectivity
1.Totality 2.Expertise 3.Independence 4.Subjectivity
19) The letter of credit, which facilitates the exporter to get pre- shipment finance (from the stage of purchase of raw material until the warehousing of the finished goods) from advising bank is called?
1.Red Clause LC 2.Lines of credit 3.Packing credit loan 4.Green Clause LC
1.Red Clause LC 2.Lines of credit 3.Packing credit loan 4.Green Clause LC
20) A term loan is classified as a non-performing asset, if interest or installment is overdue for period exceeding how many days?
1.90 2.91 3.180 4.182
1.90 2.91 3.180 4.182
21) Which of the following is an interest bearing demand deposit?
1.Time Deposit 2.Re-investment deposits 3.Cash Certificates 4.Savings Bank account
1.Time Deposit 2.Re-investment deposits 3.Cash Certificates 4.Savings Bank account
22) Debt Recovery Tribunals accept petitions from Banks and financial institutions, only when the amount of suit is for Rs?
1.1 00 000 and above 2.5 00 000 and above 3.7 50 000 and above 4.10 00 000 and above
1.1 00 000 and above 2.5 00 000 and above 3.7 50 000 and above 4.10 00 000 and above
23) An endorsement is deemed as an instruction to?
1.Collecting Bank 2.Paying Bank 3.Drawer 4.Payee
1.Collecting Bank 2.Paying Bank 3.Drawer 4.Payee
24) Ideal Credit deposit ratio for a bank is?
1.60% 2.40% 3.90% 4.30%
1.60% 2.40% 3.90% 4.30%
25) The rate at which RBI rediscounts the bills of commercial banks is called as?
1.Bank Rate 2.Prime Lending rate 3.Repo rate 4.BPLR
1.Bank Rate 2.Prime Lending rate 3.Repo rate 4.BPLR
26) Which of the following is not one of the RBI directives on clean note policy?
1. Currency note packets are not to be stapled and secured with paper bands
2. Soiled notes are to be stapled before they are remitted to Currency Chest.
3. Water mark window of bank notes shall not contain any writings
4. Currency notes are to be sorted in to Issuable and non-issuable notes.
1. Currency note packets are not to be stapled and secured with paper bands
2. Soiled notes are to be stapled before they are remitted to Currency Chest.
3. Water mark window of bank notes shall not contain any writings
4. Currency notes are to be sorted in to Issuable and non-issuable notes.
27) Which of the following committees are related to ‘Micro financing’?
1.Nayak Committee 2.Tandon committee 3.Vyas Committee 4.Narasimham committee
1.Nayak Committee 2.Tandon committee 3.Vyas Committee 4.Narasimham committee
28) The relation ship between RBI and the Bank maintaining the currency chest is that of?
1.Debtor and Creditor 2.Principal and Agent 3.Bailor and Bailee 4.Creditor and Debtor
1.Debtor and Creditor 2.Principal and Agent 3.Bailor and Bailee 4.Creditor and Debtor
29) Normally, the number of members in a self Help Group shall not exceed?
1.10 2.20 3.50 4.15
1.10 2.20 3.50 4.15
30) Short fall in fulfilling the targets of Priority sector and agricultural finance by domestic commercial banks shall be deposited with/in?
1.RIDF 2.SIDBI 3.RBI 4.IDBI
1.RIDF 2.SIDBI 3.RBI 4.IDBI
Solutions:
1)1, 2)3, 3)4, 4)4, 5)2, 6)1, 7)1, 8)4, 9)1, 10)4, 11)3, 12)4, 13)3, 14)1, 15)1, 16)4, 17)3, 18)4, 19)4, 20)1, 21)4, 22)4, 23), 24)1, 25)1, 26)2, 27)3, 28)2, 29)2, 30)1
1)1, 2)3, 3)4, 4)4, 5)2, 6)1, 7)1, 8)4, 9)1, 10)4, 11)3, 12)4, 13)3, 14)1, 15)1, 16)4, 17)3, 18)4, 19)4, 20)1, 21)4, 22)4, 23), 24)1, 25)1, 26)2, 27)3, 28)2, 29)2, 30)1
