Banking Awareness Questions for SBI PO Exam 2017

1. According to data by Controller General of Accounts, fiscal deficit in first nine months (April­December 2016) of FY 2016­17 touched ____________ of Budget estimate. In earlier year during same period, fiscal deficit was 87.9% of Budget. Tax revenue so far is 71.4% of the full­year budget estimate with expenditure being 74.3% of full­year estimate ?
 93.9% 
 83.9% 
 73.9% 
 96.9% 
 None of These 

( Ans - 1)


2. 2nd National Conference on Economics of Competition Law organised by Competition Commission of India (CCI) in _____________ ?
 Jaipur
 Ahmedabad
 New Delhi 
 Chennai
None of These 
( Ans - 3)

3. According to data by Department of Industrial Policy and Promotion (DIPP), India received $46 billion foreign direct investment (FDI) in 2016. It is 18% more than $39.32 billion in 2016. Most of FDI came from ________________ followed by Mauritius, Netherlands and Japan ?
 Russia
 UK
 USA
 Singapore 
 None of These 
( Ans - 4)


4. Ahmedabad based India’s first listed ecommerce startup Infibeam accquired payment aggregator company __________ for 2000 Crores. ?
 Snapdeal
 Freecharge
 Mobikwik
 Paytm
 CC Avenue 
( Ans - 5)


5. Airtel Payments Bank and Mastercard launched India’s first online debit card along with a prepaid card, accessible via Myairtel App. Online debit card will enable customers of Airtel Payments Bank to make digital payments to online merchants. Airtel was first to launch payment bank operations in November 2016 by launching pilot programme in ____________ ?
 Sikkim
 Mizoram
 Rajasthan 
 Nagaland
 None of These 
( Ans - 3)



6. As per India's Central Statistics Office Revised Data, Indian economy expanded by ______________ in 3rd quarter of 2016­17, keeping growth projection for current fiscal at 7.1 % (compared to 7.9 % in 2015­16. Real GDP (Gross Domestic Product at constant (2011­12) prices) in 2016­17 is likely to be 121.65 lakh crores (compared to 113.58 lakh crore in 2015­16). Real GVA (Gross Value Added) will increase from 104.70 lakh crore in 2015­16 to 111.68 lakh crore in 2016­17 ?
 7 % 
 7.5 % 
 7.8 % 
 8 % 
 None of These 
( Ans - 1)


7. Bancassuranca Tie­ups ­
Apollo Munich Health Insurance- ­ Dena Bank
Cholamandalam General Insurance Company- Oriental Bank of Commerce
Cigna TTK Health Insurance- ­ Bank of Maharashtra
Religare Insurance- ­ __________
Match the correct one
 Bank of India
 Corporation Bank 
 United Bank of India
 Union Bank of India
 None of These 
( Ans - 2)


8. Bharti Airtel acquired telecom operator _________ for approx 6,500 crores ?
 Telenor India 
 Vodafone India 
 Aircel
 Idea Telecom
 None of These 
( Ans - 1)


9. __________ signed MoU with Ministry of Human Resource Development to operationalise Higher Education Financing Agency (HEFA), with authorised capital of INR 2000 crores. HEFA aims to push creation of high quality infrastructure in premier educational institutions (IITs/IIMs/NITs) ?
 Canara Bank 
 SBI
 HDFC Bank
 Axis Bank
 None of These 
( Ans - 1)

10. Cash purchases of jewellery (Over ______________) will attract 1% TCS (Tax Collected at Source) from April 1, 2017. After Finance Bill 2017 is passed, jewellery will be treated on par with general goods which attract 1% TCS on cash purchase of above ________________ ?
 4 lakh
 1 lakh
 5 lakh
 2 lakh
 None of These 
( Ans - 4)


11. Catholic Syrian Bank initiated name and shame campaign against wilful defaulters in _________ ?
 Manipur
 Assam
 Karnataka
 Kerala 
 None of These 
( Ans - 4)


12. _______________launched instant chat services for its customers, First such customer support service in India by a Bank ?
 Axis Bank
 Citi Bank 
 HDFC Bank
 SBI
 None of These 
( Ans - 2)