Banking Exam SBI General 4 — Questions and Answers
Question 1: Which of the following is the international banking arm of SBI?
- SBI Global Markets
- SBI International Banking Group (Correct answer)
- SBI Foreign Division
- SBI Overseas Operations
Correct answer: SBI International Banking Group
SBI's International Banking Group handles its overseas operations, branches, and forex services.
Question 2: SBI's Green Channel Counter (GCC) was introduced primarily to:
- Process NRI remittances faster
- Reduce paper use and speed up counter transactions (Correct answer)
- Handle large corporate deposits
- Manage pension disbursements
Correct answer: Reduce paper use and speed up counter transactions
GCC was introduced to enable paperless, faster transactions at bank counters using debit cards.
Question 3: What does the CRR mandate that banks do with a portion of their deposits?
- Invest in government bonds
- Keep it as cash reserve with RBI (Correct answer)
- Lend to priority sector
- Park it in SLR securities
Correct answer: Keep it as cash reserve with RBI
CRR (Cash Reserve Ratio) requires banks to maintain a specified percentage of their net demand and time liabilities as cash with RBI.
Question 4: SBI's Mobibanking app replaced which earlier mobile service?
- SBI Freedom (Correct answer)
- SBI Anywhere
- SBI Quick
- SBI Connect
Correct answer: SBI Freedom
SBI Freedom was the predecessor mobile banking app before SBI moved to its unified YONO platform.
Question 5: Under the Pradhan Mantri Jan Dhan Yojana (PMJDY), SBI provides which key benefit to account holders?
- Guaranteed 8% interest rate
- Overdraft facility up to ₹10,000 (Correct answer)
- Free international debit card
- Monthly government pension
Correct answer: Overdraft facility up to ₹10,000
PMJDY accounts come with an overdraft facility of up to ₹10,000 for eligible account holders.
Question 6: SBI's NPA (Non-Performing Asset) classification follows guidelines issued by:
- Ministry of Finance
- RBI (Correct answer)
- SEBI
- IBA
Correct answer: RBI
RBI sets the prudential norms for NPA classification for all scheduled commercial banks in India.
Question 7: Which SBI savings account variant is specifically designed for senior citizens?
- SBI Senior Privilege Account (Correct answer)
- SBI Pensioner Savings Account
- SBI Savings Plus Account
- SBI Classic Savings Account
Correct answer: SBI Senior Privilege Account
SBI Senior Privilege Savings Account offers benefits like higher interest rates and priority services for customers aged 60 and above.
Banking Exam SBI General 4
Which of the following is the international banking arm of SBI?