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SBI CLERK 2021 — General Awareness Questions with Answers

All 9 General Awareness previous-year questions from SBI CLERK 2021, each with the correct answer and a full explanation. Practise them as a free, timed mock test with instant scoring.

1. Q1.Banking Awareness

   CRR (Cash Reserve Ratio) refers to the portion of deposits that banks must:

   • a)Maintain as cash reserves with the RBI
   • b)Invest in government securities
   • c)Lend to priority sectors
   • d)Keep as liquid assets in their own vaults
   • e)Pay as interest to depositors
2. Q2.Banking Awareness

   CASA, an important ratio for banks, refers to:

   • a)Current Account and Savings Account
   • b)Cash and Savings Account
   • c)Credit Account and Savings Account
   • d)Current Assets and Savings Amount
   • e)Corporate Account and Savings Account
3. Q3.Banking Awareness

   NABARD, the apex development bank for agriculture and rural development, stands for:

   • a)National Bank for Agriculture and Rural Development
   • b)National Board for Agriculture and Rural Development
   • c)National Bank for Agrarian and Rural Development
   • d)National Body for Agriculture and Rural Development
   • e)National Bank for Agriculture and Regional Development
4. Q4.Banking Awareness

   Which is the oldest joint stock bank of India, established in 1865?

   • a)Allahabad Bank
   • b)Punjab National Bank
   • c)Bank of India
   • d)State Bank of India
   • e)Bank of Baroda
5. Q5.Banking Awareness

   UPI, a real-time payment system developed by NPCI, stands for:

   • a)Unified Payments Interface
   • b)Universal Payments Interface
   • c)Unified Payment Instrument
   • d)United Payments Interface
   • e)Universal Payment Instrument
6. Q6.Banking Awareness

   SWIFT, used for international interbank messaging, stands for:

   • a)Society for Worldwide Interbank Financial Telecommunication
   • b)System for Worldwide Interbank Fund Transfer
   • c)Society for Worldwide International Financial Transfer
   • d)Secure Worldwide Interbank Financial Transaction
   • e)Standard Worldwide Interbank Financial Telecommunication
7. Q7.Financial Awareness

   The regulator of the pension sector in India is:

   • a)PFRDA
   • b)IRDAI
   • c)SEBI
   • d)RBI
   • e)EPFO
8. Q8.Banking Awareness

   The full form of MCLR, used in bank lending, is:

   • a)Marginal Cost of Funds based Lending Rate
   • b)Minimum Cost of Lending Rate
   • c)Marginal Credit Lending Rate
   • d)Maximum Cost Lending Rate
   • e)Marginal Cost Loan Rate
9. Q9.Banking Awareness

   A savings/current account that has had no transactions for over two years is classified as a/an:

   • a)Dormant (inactive) account
   • b)Frozen account
   • c)NRE account
   • d)Zero-balance account
   • e)Escrow account