Banking Exam SBI General 3 — Questions and Answers
Question 1: Which government body regulates SBI as a banking institution?
- SEBI
- IRDAI
- RBI (Correct answer)
- NABARD
Correct answer: RBI
The Reserve Bank of India (RBI) is the primary regulator of all commercial banks including SBI.
Question 2: What percentage of SBI shares does the Government of India hold (approximately)?
- 51%
- 57%
- 62% (Correct answer)
- 75%
Correct answer: 62%
As of recent data, the Government of India holds approximately 57–62% stake in SBI, making it a majority public-sector bank.
Question 3: SBI is listed on which stock exchanges in India?
- BSE only
- NSE only
- Both BSE and NSE (Correct answer)
- BSE and MCX
Correct answer: Both BSE and NSE
SBI shares are listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Question 4: Which SBI scheme provides banking services to rural areas through business correspondents?
- Jan Suraksha Yojana
- SBI Gramin Bank
- Business Correspondent Model (Correct answer)
- Kiosk Banking
Correct answer: Business Correspondent Model
SBI uses the Business Correspondent (BC) Model to extend banking services to unbanked rural populations.
Question 5: What is the tagline/slogan of SBI?
- The Banker to Every Indian
- Your Trusted Partner
- With You All the Way (Correct answer)
- Banking for All
Correct answer: With You All the Way
SBI's official tagline is 'With you all the way,' reflecting its commitment to lifelong customer relationships.
Question 6: SBI's IMPS service allows fund transfers up to what maximum amount per transaction?
- ₹1 lakh
- ₹2 lakh
- ₹5 lakh (Correct answer)
- ₹10 lakh
Correct answer: ₹5 lakh
RBI increased the IMPS per-transaction limit to ₹5 lakh, applicable to all banks including SBI.
Question 7: Which of the following products is offered under SBI's retail lending portfolio?
- SBI Saral Personal Loan
- SBI Platinum Home Loan
- SBI Express Kredit (Correct answer)
- SBI Pragati Loan
Correct answer: SBI Express Kredit
SBI Express Kredit is a pre-approved personal loan product offered to eligible SBI account holders.
Banking Exam SBI General 3
Which government body regulates SBI as a banking institution?