Banking Awareness Questions for SBI PO Mains Exam

May 20, 2017    

Dear Readers,
banking-quiz
Q1. __________ an asset, including a leased asset, becomes non­ performing when it ceases to generate income for the bank.
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
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-
(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............?
(d) NABARD
Q11. In which among the following year Asia's first Export Processing Zone (EPZ) was set up?
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.
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
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Banking Awareness Questions for SBI PO Mains Exam 4.5 5 Yateendra sahu May 20, 2017 Dear Readers, Q1. __________ an asset, including a leased asset, becomes non­ performing when it ceases to generate income for th...


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