Banking Awareness Quiz for SBI CBO
SBI has released the notification of SBI CBO ( CIRCLE BASED OFFICERS ). The selection process consists of Online Written Test, Screening and Interview. Online written test will consist of Objective Tests for 120 marks and Descriptive Test for 50 marks. The Descriptive Test will be administered immediately after the conclusion of the Objective Test and candidates will have to type their Descriptive Test answers on the computer. To clear Banking Awareness section, Ambitiousbaba brings to you the series of objective Quiz based on exams pattern.
Q1. In other Banks Atms, A customer can withdraw cash for how many times without charge?
(a) Withdrawal 5 times in a months without charges and cash withdrawal 10,000 maximum per transaction
(b) Withdrawal 4 times free of charge and 20,000 maximum per transaction, in a calendar month
(c) No restrictions about number of transactions per month but amount can be 50,000 maximum per day
(d) None of above
(e) Any of the above
Q2. WPI Inflation Index is released by?
(a) National Statistical Organization
(b) Ministry of Labour
(c) Office of Economic Adviser
(d) Ministry of Consumer Affairs
(e) Ministry of Finance
Q3. In case of High risk customers full KYC has to be done by Banks in ___ and in case of low risk customers full KYC has to be done by Banks in ____
(a) Atleast once in 5 years; Atleast once in 10 years
(b) Atleast once in 2 years; Atleast once in 10 years
(c) Atleast once in 10 years; Atleast once in 15 years
(d) Atleast once in 7 years; Atleast once in 14 years
(e) None of the above
Q4.In a _________________, an individual with a bank account is recruited to receive cheque deposits or wire transfers and then transfers these funds to accounts held on behalf of another person or to other individuals, minus a certain commission payment.
(a) PoS Terminal transaction
(b) Central KYC registry
(c) Money mule transaction
(d) Money laundering transaction
(e) None of the above
Q5. What is the maximum amount a person can deposit through cash recycler using Account Number?
(a) Rs 50000 per day
(b) Rs 200000 per day
(c) Rs 20000 per day
(d) Rs 100000 per day
(e) None of the above
Q6. When a particular Foreign Exchange Transactions are dependent on other Foreign Exchange Transactions its called:
(a) Current account transactions
(b) Capital account transactions
(c) Autonomous transactions
(d) Accommodating transactions
(e) None of these
Q7. From the following choose the incorrect one:
(a) Borrowings from the Asia Development Bank by the government is an accommodating
transaction.
(b) Loans given to Nepal by the government are an accommodating transaction.
(c) Buying of machinery from USA is an accommodating transaction
(d) Borrowing from the public is an accommodating transaction.
(e) None of the above
Q8. Export of the Machinery recorded on the:
(a) Debit side of Current Account
(b) Credit side of Current Account
(c) Credit side of Capital Account
(d) Debit side of capital Account
(e) None of the above
Q9.——-ATM Machine means the ATM which is provided for online purchase
(a) Yellow label ATM
(b) White label ATM
(c) Brown label ATM
(d) Green label ATM
(e) Orange label ATM
Q10. As per current law, until which age can a child stay on their parents’ health insurance?
(a) 18
(b) 21
(c) 26
(d) 29
(e) None of these
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