Banking Awareness Questions for SBI PO Mains Exam

Dear Readers,


Just a few days are left for Bank of Baroda PO and NIACL Assistant Mains Examination. It is time to pace up your preparation of Banking Awareness for Bank of Baroda PO and NIACL Assistant Mains 2017. These Banking questions will also help you in preparing for SBI PO Mains 2017, Bank of IndiaRBI Grade-B and NICL AO Mains 2017 recruitment examination.

Q1. __________ an asset, including a leased asset, becomes non­ performing when it ceases to generate income for the bank.
(a) NPA
(b) KCC
(c) NPV
(d) GDP
(e) GNP

Q2. NPA stands for- 
(a) National ­performing Assets 
(b) New ­performing Assets 
(c) Non ­production Assets 
(d) Non ­performing Assembly
(e) Non ­performing Assets

Q3. MUDRA is a financial institution has been set up by Government of India for development and refinancing micro-units’ enterprises. What is the meaning of "A" in MUDRA?
(a) Agency
(b) Association
(c) Assembly
(d) Agent
(e) Alert

Q4. MUDRA stands for- 
(a) Micro Units Development & Refinance Agent
(b) Medium Units Development & Refinance Association
(c) Micro Units Department & Refinance Agency 
(d) Micro Units Development & Refinance Agency
(e) Micro Unique Development & Refinance Assembly

Q5. India was one of the first in Asia to recognise the effectiveness of the EPZ model in promoting exports. EPZ stands for-
(a) Export Point Zone
(b) External Processing Zone
(c) Export Production Zone
(d) Export Processing Zone
(e) Export Processing Zonal

Q6. Asia's first EPZ was set up in-
(a) Kandla, Gujarat
(b) Indore, Madhya Pradesh
(c) Kolhapur, Maharashtra
(d) Kochin, Kerala
(e) Haridwar, Uttarakhand

Q7. NPA is a loan or an advance where interest and/or instalment of principal remain overdue for a period of more than ______ days in respect of a term loan.
(a) 100 days
(b) 30 days
(c) 90 days
(d) 60 days
(e) 120 days

Q8. NPA is a loan or an advance where?
(a) the instalment of principal or interest there on remains overdue for one crop season for long duration crops.
(b) the account remains ‘out of order’ in respect of an Overdraft/Cash Credit (OD/CC).
(c) the instalment of principal or interest there on remains overdue for two crop seasons for short duration crops.
(d) All of the above
(e) None of the above

Q9. The purpose of MUDRA is to provide funding to the non-corporate small business sector through various Last Mile Financial Institutions like-
(a) Banks
(b) NBFCs
(c) MFIs 
(d) All of the above
(e) None of the above

Q10. MUDRA Bank, a Non-Banking Finance Company as MUDRA Ltd has been set up as a subsidiary of............?
(b) IDBI
(c) RBI
(e) SBI

Q11. In which among the following year Asia's first Export Processing Zone (EPZ) was set up?
(a) 1959
(b) 1971
(c) 1965
(d) 1956
(e) 1975

Q12. What is the meaning of "E" in SEZs?
(a) Essential
(b) Economic
(c) Electronic
(d) Effective
(e) None of the above

Q13. Banks are required to classify NPA further into the ___________ categories based on the period for which the asset has remained non­performing and the realisability of the dues.
(a) One 
(b) Three
(c) Two
(d) Four
(e) Six

Q14. Which among the following are not the categories of NPA?
(a) Sub­standard Assets
(b) Profit Assets
(c) Doubtful Assets
(d) Loss Assets
(e) None of the above

Q15. PMMY were launched on 08 April 2015 by the Hon’ble Prime Minister Narendra Modi. What is the full form of PMMY?
(a) Pradhan Manager MUDRA Yojana 
(b) Pradhan Mantri MUDRA Yatra 
(c) Pradhan Mantri MUDRA Yojana
(d) Pramukh Mantri MUDRA Yojana 
(e) None of the above


More than 250 Candidates were selected in SBI PO 2016 from Career Power Classroom Programs.

9 out of every 10 candidates selected in SBI PO last year opted for Adda247 Online Test Series.

No comments