SBI Probationary Officer (PO) · Topic Collection

Banking Awareness PYQs

Banking and financial awareness — RBI and monetary policy, banking institutions, financial markets, government schemes, and current economic affairs.

340 Total Questions7 Official PapersYears: 2019–2025Search in Banking Awareness
Showing questions 301–320 of 340Page 16 of 17
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 301

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

Forbes has compiled a first-ever list of the World's Best Bank 2019. Which of the following banks has topped in Forbes list of Indian banks?

  1. AOption (a)

    ICICI Bank

  2. BOption (b)

    DBS Bank

  3. COption (c)

    Yes Bank

  4. DOption (d)

    ​HDFC Bank

  5. EOption (e)

    IDBI Bank

View answer & explanation

Correct answer

Answer: (d)D.

​HDFC Bank

Why this answer is correct

  • Forbes has compiled a first-ever list of the World's Best Bank 2019 in terms of customer services and technological advancements.
  • The private lender, HDFC Bank, was ranked at the top of the list.
  • After HDFC Bank, another private lender ICICI Bank took the second spot, while DBS was at the third rank in Forbes list of Indian banks.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 302

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

Recently, Indian city has been included in UNESCO's World heritage list. It is ________.

  1. AOption (a)

    Udaipur

  2. BOption (b)

    Jaipur

  3. COption (c)

    Jaisalmer

  4. DOption (d)

    Jodhpur

  5. EOption (e)

    Bikaner

View answer & explanation

Correct answer

Answer: (b)B.

Jaipur

Why this answer is correct

  • The Walled City of Jaipur, known for its iconic architectural legacy and vibrant culture, on Saturday made its entry into the UNESCO World Heritage Site list
  • The Budj Bim Cultural Landscape in south-west Victoria has been included in UNESCO's World heritage list.
  • It is the 20th site in Australia to make it to the UNESCO's List.
  • The landscape is marked for its Aboriginal cultural importance.
  • It is considered as one of the oldest aquaculture sites in the world.
  • The site was cared for over 6,600 years and is important to the Gunditjmara People.
  • A World Heritage Site is an area which is selected by the UNESCO as having cultural, historical, scientific or other form of significance, and is legally protected by international treaties.
  • At present, there are 38 UNESCO's World heritage sites in India.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 303

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

Which among the following parameters were not included in Global Gender Gap Index Report?

  1. AOption (a)

    economic participation

  2. BOption (b)

    women participation

  3. COption (c)

    educational attainment

  4. DOption (d)

    health

  5. EOption (e)

    none of the above

View answer & explanation

Correct answer

Answer: (e)E.

none of the above

Why this answer is correct

  • Global Gender Gap Index Report is published every year by the World Economic Forum.
  • India ranked 108th in the 2018’s Report.
  • It was first published in the year 2006.
  • Iceland Holds the 1st position in Global gender gap index.
  • Parameters of Global gender gap
  • **India ranked lower on all segments - economic participation and opportunity, educational attainment, health and survival ranking, and political empowerment,**women’s participation
InstitutionsReports
World Bank- Ease of Doing Business - World Development Report - Ease of Living Index - Human Capital Index
International Labour Organisation- Global Wage Report - World Social Protection Report
World Trade Organisation- World Trade Outlook Indicator
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 304

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

Abhijeet Gupta is related to which game?

  1. AOption (a)

    Chess

  2. BOption (b)

    Badminton

  3. COption (c)

    Basketball

  4. DOption (d)

    Hockey

  5. EOption (e)

    Billiards

View answer & explanation

Correct answer

Answer: (a)A.

Chess

Why this answer is correct

  • Indian Grandmaster Abhijeet Gupta lifted the Cannes International Open trophy on 25 February 2019 for chess.
  • He won the tournament with 7.5 points over nearest rivals Nikita Maiorov of Belarus, Nasuta Grzegorz of Poland and Yuri Solodovnichecko of Ukraine.
  • He took an easy draw with Pier Luigi Basso of Italy in the ninth and final round.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 305

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

The total deposits in bank accounts opened under the Jan Dhan scheme are ________. The Modi government launched the Pradhan Mantri Jan Dhan Yojana in 2014.

  1. AOption (a)

    Rs 2 lakh crore

  2. BOption (b)

    Rs 1 lakh crore

  3. COption (c)

    Rs 80 crore

  4. DOption (d)

    Rs 90 crore

  5. EOption (e)

    Rs 70 crore

View answer & explanation

Correct answer

Answer: (b)B.

Rs 1 lakh crore

Why this answer is correct

  • The total deposits in bank accounts opened under the Jan Dhan scheme crossed Rs 1 lakh crore
  • The cumulative balance in 35.29 crore accounts under the flagship programme of the Modi government reached Rs 97,665.66 crore as on April 3, 2019.
  • The Modi government launched the Pradhan Mantri Jan Dhan Yojana (PMJDY) on August 28, 2014.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 306

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

NCLAT order on Essar Steel has rewritten IBC rules. What is full form of NCLAT?

  1. AOption (a)

     National Company Legal Appellate Tribunal 

  2. BOption (b)

     National Company Law Advisory Tribunal 

  3. COption (c)

     National Company Law Appellate Tribunal 

  4. DOption (d)

     National Company Law Appellate Tarrif

  5. EOption (e)

    None of the above

View answer & explanation

Correct answer

Answer: (c)C.

 National Company Law Appellate Tribunal 

Why this answer is correct

  • The lenders of Essar Steel have told the Supreme Court that the National Company Law Appellate Tribunal (NCLAT) has misconstrued and misinterpreted the provisions of the Insolvency and Bankruptcy Code (IBC) to such an extent that the statute itself has been literally rewritten.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 307

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

A Public Sector Enterprise, NSIL has been incorporated as a new commercial arm of the Department of Space to tap the benefits of the Research & Development carried out by ISRO. What does 'I' stands for in NSIL?

  1. AOption (a)

    India

  2. BOption (b)

    Institute

  3. COption (c)

    Innovate

  4. DOption (d)

    Indigenous

  5. EOption (e)

    Index

View answer & explanation

Correct answer

Answer: (a)A.

India

Why this answer is correct

  • A Public Sector Enterprise, New Space India Limited (NSIL) has been incorporated as a new commercial arm of Department of Space to tap the benefits of the Research & Development carried out by ISRO.
  • It will spearhead commercialization of various space products including production of launch vehicles.
  • The Budget Estimates for Department of Space for FY 2019-20 is Rs 12,473.26 crore.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 308

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

Pinaka is a multi barrel rocket launcher produced by?

  1. AOption (a)

    DRDO

  2. BOption (b)

    ISRO

  3. COption (c)

    CSIR

  4. DOption (d)

    HAL

  5. EOption (e)

    None of the above 

View answer & explanation

Correct answer

Answer: (a)A.

DRDO

Why this answer is correct

  • Defence Research and Defence Organisation (DRDO) successfully test fired the Guided PINAKA from Pokhran ranges on 11 March 2019.
  • The weapon system is equipped with state-of-the-art guidance kit comprising of an advanced navigation and control system.
  • The indigenously developed Guided Pinaka by DRDO will significantly boost the capability of the artillery to make precision hits.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 309

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

Where will a Centre for Disability Sports be set up to ensure the effective participation of Persons with Disabilities in sports activities?

  1. AOption (a)

    Kanpur

  2. BOption (b)

    Gwalior

  3. COption (c)

    Indore

  4. DOption (d)

    Lucknow

  5. EOption (e)

    Bhopal

View answer & explanation

Correct answer

Answer: (b)B.

Gwalior

Why this answer is correct

  • A Centre for Disability Sports will be set up at Gwalior in Madhya Pradesh.
  • It will ensure the effective participation of Persons with Disabilities in sports activities.
  • It is being developed by the Ministry of Social Justice and Empowerment.
  • It will have an Outdoor Athletic Stadium, Indoor Sports Complex and Aquatic Centre.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 310

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

Who bagged the International Cricketer and Batsman of the Year award during the CEAT Cricket Rating (CCR) International awards 2019?

  1. AOption (a)

    AB de Villiers

  2. BOption (b)

    Virat Kohli 

  3. COption (c)

    MS Dhoni

  4. DOption (d)

    Hardik Pandya

  5. EOption (e)

    Chris Gayle

View answer & explanation

Correct answer

Answer: (b)B.

Virat Kohli 

Why this answer is correct

  • Indian captain Virat Kohli bagged the International Cricketer and Batsman of the Year award during the CEAT Cricket Rating (CCR) International awards 2019.
  • Pacer Jasprit Bumrah was adjudged as International Bowler of the Year.
  • Ashutosh Aman was awarded Domestic Cricketer of the Year.
  • Mohinder Amarnath was bestowed with the 'CCR International Lifetime Achievement Award'.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 311

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

TReDS is an online electronic institutional mechanism for facilitating the financing of trade receivables of micro, small and medium enterprises (MSME) through multiple financiers.It is a joint trade venture of NSE and _________.

  1. AOption (a)

    RBI

  2. BOption (b)

    SIDBI

  3. COption (c)

    NABARD

  4. DOption (d)

    SBI

  5. EOption (e)

    None of the above

View answer & explanation

Correct answer

Answer: (b)B.

SIDBI

Why this answer is correct

Hindustan Aeronautics (HAL) has become the first public sector enterprise to make a transaction on the "TReDS platform". TReDS is an online electronic institutional mechanism for facilitating the financing of trade receivables of micro, small and medium enterprises (MSME) through multiple financiers. In 2017, the government mandated all major PSUs to join TReDS platform.It is a joint trade venture of NSE and SIDBI.

SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 312

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

Who became the 1st woman to cross the Atlantic Ocean solo in a LSA?

  1. AOption (a)

    Mitali Madhumita

  2. BOption (b)

     Priya Jhingan

  3. COption (c)

    Deepika Misra

  4. DOption (d)

    Aarohi Pandit

  5. EOption (e)

    Avani Chaturvedi

View answer & explanation

Correct answer

Answer: (d)D.

Aarohi Pandit

Why this answer is correct

Captain Aarohi Pandit, a 23-year-old pilot from Mumbai became the world’s first woman to cross the Atlantic Ocean solo in a Light Sports Aircraft (LSA).

SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 313

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

With which of the following countries is the 1st Model Village having 2400 houses built with Indian assistance?

  1. AOption (a)

    Sri Lanka

  2. BOption (b)

    Bangladesh

  3. COption (c)

    Myanmar

  4. DOption (d)

    Japan

  5. EOption (e)

    Nepal

View answer & explanation

Correct answer

Answer: (a)A.

Sri Lanka

Why this answer is correct

  • Ranidugama- The 1st Model Village having 2400 houses and built with Indian assistance in Sri Lanka was inaugurated.
  • This is a part of housing project meant for civil war-affected people and estate workers.
  • India has partnered with Sri Lankan Ministry of Housing and Construction and Cultural Affairs and will also provide a grant of Rs 1,200 million (USD 17.5 million) for the same.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 314

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

What is the theme for International Day of Happiness 2019?

  1. AOption (a)

    Happier Together

  2. BOption (b)

    Share Happiness

  3. COption (c)

    Be Happy

  4. DOption (d)

    Spread Happiness

  5. EOption (e)

    Happier Today 

View answer & explanation

Correct answer

Answer: (a)A.

Happier Together

Why this answer is correct

  • Finland has been ranked as the happiest country in the world.
  • Finland overtakes Norway as the world's happiest country for 2018.
  • World Happiness Day is celebrated every year on 20 March.
  • The theme for International Day of Happiness 2018 “Share Happiness”
  • The theme for International Day of Happiness 2019 is “Happier Together”.
  • India’s rank** on the 2019 UN World Happiness Report is **140.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 315

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

‘Wings’, a specially designed mentorship program to empower the female workforce, was launched by which company?

  1. AOption (a)

    Aviva Life Insurance

  2. BOption (b)

    Bajaj Life insurance

  3. COption (c)

    LIC

  4. DOption (d)

    ICICI Life

  5. EOption (e)

    SBI Life

View answer & explanation

Correct answer

Answer: (a)A.

Aviva Life Insurance

Why this answer is correct

  • Aviva Life Insurance has announced the launch of ‘Wings’, a specially designed mentorship program to empower the female workforce.
  • The new initiative has been aimed to empower the women in Aviva to fulfil their professional and personal goals.
  • The program is an initiative of the SHE division of the company, which was conceptualised in 2016 by Aviva India’s Women Network, for mentoring all the women employees.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 316

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

G20 summit held at ________.

  1. AOption (a)

    Osaka

  2. BOption (b)

    Hiroshima

  3. COption (c)

    Kyoto

  4. DOption (d)

    Nagoya

  5. EOption (e)

    Kobe

View answer & explanation

Correct answer

Answer: (a)A.

Osaka

Why this answer is correct

  • PM Narendra Modi reached the Japanese city of Osaka to attend the G20 Summit which will be held on 28-29 June 2019.
  • He will hold talks with his Japanese counterpart Shinzo Abe and meet US President Donald Trump on 28 June 2019.
  • He will attend nearly 30 programmes during his 57 hours stay in this visit.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 317

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

Who clinched a gold medal in the World Universiade in 100 m dash event at Napoli in Italy in July 2019?

  1. AOption (a)

    Hima Das

  2. BOption (b)

    Swapna Barman

  3. COption (c)

    Manika Batra

  4. DOption (d)

    Dutee Chand

  5. EOption (e)

    M. R. Poovamma

View answer & explanation

Correct answer

Answer: (d)D.

Dutee Chand

Why this answer is correct

  • Dutee Chand clinched a gold medal in the World Universiade in 100 m dash event at Napoli in Italy.
  • With this, she became the first Indian woman track and field athlete to win Gold.
  • She took 11.32 seconds to finish the race.
  • Dutee has now become the second Indian sprinter to win a gold in a global event after Hima Das.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 318

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

Who has been appointed as an additional director on the board of Yes Bank for two years from May 2019?

  1. AOption (a)

    Rama Subramaniam Gandhi

  2. BOption (b)

    Urjit Patel

  3. COption (c)

    Harun Rashid Khan

  4. DOption (d)

    Rakesh Mohan

  5. EOption (e)

    Y. Venugopal Reddy

View answer & explanation

Correct answer

Answer: (a)A.

Rama Subramaniam Gandhi

Why this answer is correct

  • RBI has appointed former deputy governor Rama Subramaniam Gandhi as an additional director on the board of Yes Bank for two years, from 14 May 2019 to 13 May 2021.
  • The appointment has been made under sub-section (1) of Section 36 AB of the Banking Regulation Act, 1949.
SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 319

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

Which state is set to launch a major water conservation scheme titled ‘Jalamrutha’?

  1. AOption (a)

    Kerala

  2. BOption (b)

    Tamil Nadu

  3. COption (c)

    Andhra Pradesh

  4. DOption (d)

    Karnataka

  5. EOption (e)

    Telangana

View answer & explanation

Correct answer

Answer: (d)D.

Karnataka

Why this answer is correct

Karnataka is set to launch a major water conservation scheme titled ‘Jalamrutha’, which focusses on drought-proofing measures, including protection and rejuvenation of water bodies.

SBI PO Mains Memory Based Paper (Held On: 20 July 2019) (Previous Year Paper)·General/ Economy/ Banking Awareness
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Question 320

SBI Probationary Officer (PO) 2019• General/ Economy/ Banking Awareness

With which of the following did India's BSE and the India International Exchange Limited sign an MoU to connect the investors’ community and companies and allow a capital formation platform on a larger scale?

  1. AOption (a)

    RBK Group

  2. BOption (b)

    Finam Holdings

  3. COption (c)

    Moscow Exchange

  4. DOption (d)

    Bloomberg

  5. EOption (e)

    Rosneft

View answer & explanation

Correct answer

Answer: (c)C.

Moscow Exchange

Why this answer is correct

  • A memorandum of Understanding was signed between the Moscow Exchange and India's BSE (Bombay Stock Exchange) and the India International Exchange Limited.
  • The ultimate objective of the MoU is of connecting the investors’ community and companies in both countries and allowing a capital formation platform on a larger scale.
  • The MoU was signed in Moscow on 3 April 2019.

How should I prepare for Banking Awareness in SBI Probationary Officer (PO)?

Solving previous year questions by topic helps identify recurring concepts, question patterns, and frequently asked sub-topics. Attempt each question, review the step-by-step explanation, and note down key formulas or facts for quick revision before the exam.