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Question for SBI Special Management Executive - Quiz / Questions / MCQ in English

Last Update on : October 12, 2026

Duration: 180 ยท Questions: 200 ยท Max Marks: 200

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Latest SBI Special Management Executive Exam Question (Objective Questions), MCQ in English

Subjects : General Knowledge, GK, English, Reasoning, Account

Question Bank SBI Special Management Executive Exam - English

GK

Q 1 :
Which if the following is TRUE about the meaning of a bank?
  1. A.It is a financial establishment
  2. B.It acts like a financial intermediary
  3. C.It accepts deposits from the public 
  4. D.It provides safe locker facility
  5. E.All the above
Q 2 :
Which of the following is NOT true about the functioning of a bank ?
  1. A.A bank should always add the word “bank” to its name.
  2. B.They include general utility services and agency services.
  3. C.A bank is a non-profit organization having service oriented approach.
  4. D.A bank acts as a connecting link between borrowers and lenders of money.
  5. E.A bank lends out money in the form of loans to those who require it for different purposes.
Q 3 :
Which of the following is NOT a banking service?
  1. A.Issuance of debit and credit cards
  2. B.Providing safe custody of valuable items 
  3. C.ATM services
  4. D.Provision for higher interest rates to the accounts held by women
  5. E.Online transfer of funds across the globe
Q 4 :
The definition of Banking is given in which of the following ACTs?
  1. A.Negotiable Instrument Act 1881
  2. B.Reserve Bank of India (RBI) Act 1934
  3. C.Banking Regulation Act 1949
  4. D.Company Act 1956
  5. E.None of the above
Q 5 :
Banks in India are regulated by :
  1. A.The Reserve Bank of India Act,1934
  2. B.The Banking regulation Act,1949
  3. C.The Reserve Bank of India (Amendment and Misc. Provisions) Act, 1953
  4. D.The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980
  5. E.None of the above
Q 6 :
Which of the following terms is used in Banking field ?
  1. A.Zero Hour
  2. B.Input devices
  3. C.Privilege motion
  4. D.Sedimentary
  5. E.Invest rate swap
Q 7 :
A centralized database with online connectivity to branches, internet as well as ATM-network which has been adopted by almost all major banks of our country is known as?
  1. A.Investment Banking 
  2. B.Core Banking
  3. C.Mobile Banking 
  4. D.National Banking 
  5. E.Specialized Banking 
Q 8 :
Which of the following is necessary while opening deposit account in banks ?         
  1. A.Will 
  2. B.Registration
  3. C.Nomination
  4. D.Indemnity
  5. E.Guarantee
Q 9 :
Which of the following is not banking term?
  1. A.Letter of credit
  2. B.MIBOR
  3. C.Factoring services
  4. D.Entry load
  5. E.None of the above
Q 10 :
Systematic investment plans relates to:
  1. A.Mutual Funds
  2. B.Life Insurance Companies
  3. C.Commercial Banks
  4. D.Post office saving schemes
  5. E.None of the above
Q 11 :
Which is the following is / are third party products sold out by banks?
  1. A.Mutual funds
  2. B.Term deposits
  3. C.Credit cards
  4. D.All of these
  5. E.None of the above
Q 12 :
The first bank the Bank of Hindustan was established in:
  1. A.1780    
  2. B.1790
  3. C.1770    
  4. D.1802
  5. E.1814
Q 13 :
Which of the following NOT a Retail banking product ?
  1. A.Checking account
  2. B.Saving account
  3. C.Money market account
  4. D.Certificate of deposit (CD)
  5. E.Mutual Fund
Q 14 :
Which of the following is Not a Business (or commercial / investment) banking product ?
  1. A.Business loan
  2. B.Capital raisig
  3. C.Checking account
  4. D.Project finance
  5. E.Term loan
Q 15 :
The banker’s bank in any country called as:
  1. A.Commercial bank
  2. B.Central bank 
  3. C.EXIM bank
  4. D.Scheduled Bank
  5. E.Development bank
Q 16 :
Which of the following is the Central bank of India?
  1. A.State Bank of India
  2. B.National Bank for Agriculture and Rural Development
  3. C.Export-Import Bank of India
  4. D.Reserve Bank of India
  5. E.None of the above
Q 17 :
What is the Minimum balance required to be maintained for a saving account with cheque book facility?
  1. A.Rs. 100            
  2. B.Rs. 400
  3. C.Rs. 500            
  4. D.Rs.1000
  5. E.Rs. 1500
Q 18 :
Which of the following represents Profit and Loss Account ?
  1. A.Position of profit on a particular date 
  2. B.Position of profit for a given period
  3. C.Position of loss for a given period
  4. D.Both 2 and 3
  5. E.None of the above
Q 19 :
Which among the following is /are ‘Term Deposit’?
  1. A.Fixed Deposit
  2. B.Current Deposit
  3. C.Recurring Deposit
  4. D.All of the above 
  5. E.None of the above
Q 20 :
The first bank of limited liability managed by Indians was :
  1. A.The Commercial Bank of India
  2. B.Allahabad Bank
  3. C.Oudh Commercial Bank
  4. D.Punjab National bank ltd
  5. E.None of the above
Q 21 :
Which of the following scheme is not meant for investment purposes?
  1. A.Letter of credit
  2. B.National saving certificate 
  3. C.Infrastructure bonds
  4. D.Mutual funds
  5. E.None of the above
Q 22 :
What is meant by development Oriented banking?
  1. A.Infrastructure financing 
  2. B.Extending loans to State, which are undevelopment
  3. C.Taking up the task of development of the economy by providing support to under privileged section of the society
  4. D.All of the above 
  5. E.None of the above
Q 23 :
The Reserve Bank of India was established in:
  1. A.April 1935        
  2. B.June 1935
  3. C.August 1934    
  4. D.May 1936
  5. E.January 1949
Q 24 :
14 major Indian commercial banks of the country were nationalized in:
  1. A.July 1965        
  2. B.June 1960
  3. C.July 1969        
  4. D.May 1970
  5. E.January 1949
Q 25 :
On the basis of suggestions of which of the following committee. The Banking Regulation Act was amended in 1983 to open the gates for the new private sector banks ?
  1. A.Narasimham Committee
  2. B.Rangrajan Committee
  3. C.Rangrajan Committee
  4. D.Goiporia committee
  5. E.None of the above
Q 26 :
When RBI made compulsory to the Best II norms for Banks?
  1. A.March 31, 2007
  2. B.March 31, 2008
  3. C.March 31, 2010
  4. D.March 31, 2011
  5. E.March 31, 2009
Q 27 :
Which Act is fully applicable to all commercial banks?
  1. A.Companies Act, 1956
  2. B.Partnership Act, 1932
  3. C.Banking Regulation Act,1949
  4. D.Sale of Goods Act, 1930
  5. E.The Reserve Bank of India Act, 1934
Q 28 :
What type of loan is granted by banks for purchase of white goods?
  1. A.Mortgage loans
  2. B.Personal loans
  3. C.Consumption Loans
  4. D.Home Loans
  5. E.None of the above
Q 29 :
Which of the following loans are granted for meeting social financial commitments like marriage etc?
  1. A.Mortgage loans
  2. B.Personal loans
  3. C.Consumption Loans
  4. D.Home Loans
  5. E.None of the above
Q 30 :
PPF account is opened for a period of 
  1. A.Mortgage loans
  2. B.Personal loans
  3. C.Consumption Loans
  4. D.Home Loans
  5. E.None of the above

General Knowledge

Q 31 :
Which was the app launched by ‘FSSAI’ for license & registration to food businesses?
  1. A.DigiNest                            
  2. B.FSSAI Trace
  3. C.Meghdoot                       
  4. D.Food Safety Connect
Q 32 :
In October 2021, ____ partnered with ‘IRCTC’ to provide passengers with greater trust in communication by verifying the National Railways Helpline Number _____.
  1. A.Google India; 139               
  2. B.Truecaller India; 109
  3. C.Google India; 109            
  4. D.Truecaller India; 139
Q 33 :
Which Insurance Company recently (in October 2021) became the 1st life Insurer to join the Account Aggregator (AA) framework?
  1. A.Tata AIA Life Insurance                
  2. B.Max Life Insurance
  3. C.Aegon Life Insurance                       
  4. D.SBI Life Insurance 
Q 34 :
In October 2021, Shaktikanta Das, the _____ Governor of RBI, got a ____ tenure extension from the appointment Committee of the Cabinet (ACC).
  1. A.25th; 5-year                 
  2. B.24th; 5-year
  3. C.25th; 3-year                
  4. D.26th 5-year
Q 35 :
รขโ‚ฌโ€นIn October 2021, which of the following countries has launched its first manned ocean mission “Samudrayan”?
  1. A.India                   
  2. B.Sri Lanka
  3. C.Brazil                  
  4. D.Maldives
Q 36 :
In October 2021, 30th edition of “Hunar Haat” has been inaugurated at which of the following cities?
  1. A.Bangalore                
  2. B.Kolkata
  3. C.Pune                          
  4. D.Dehradun
Q 37 :
In October 2021, who among the following has been appointed as the High Commissioner of India to Brunei?
  1. A.Suresh K. Reddy           
  2. B.Alok Amitabh Dimri
  3. C.S. Balachandran          
  4. D.Sujan R. Chinoy             
Q 38 :
In October 2021, which of the following states has announced the Mukhyamantri Awasiya Bhu-adhikar Yojna?
  1. A.Madhya Pradesh            
  2. B.Bihar
  3. C.Uttarakhand                 
  4. D.Uttar Pradesh
Q 39 :
World Thrift Day is celebrated every year on October 31, across the world, but in India, the day is celebrated annually on which day?
  1. A.27 October                 
  2. B.28 October
  3. C.30 October                 
  4. D.31 October
Q 40 :
In October 2021, which of the following has approved a $250 million loan to support the Government of India’s National Industrial Corridor Development Program (NICDP)?
  1. A.NDB               
  2. B.IMF
  3. C.ADB                              
  4. D.NABARD
Q 41 :
Mullaperiyar dam, located in Kerala, is in control of which state?
  1. A.Karnataka              
  2. B.Tamil Nadu
  3. C.Andhra Pradesh       
  4. D.Telangana
Q 42 :
Who is the Fund Manager of the SWAMIH Fund?
  1. A.Aditya Birla Sun Life               
  2. B.SBI Cap
  3. C.Kotak Mahindra                    
  4. D.Canara Robeco
Q 43 :
Which institution released a report titled ‘The Road from Paris; India’s Progress Towards its Climate Pledge’?
  1. A.NITI Aayog               
  2. B.NABARD
  3. C.WWF                    
  4. D.Natural Resources Defense Council  
Q 44 :
US state of Georgia has announced to celebrate which Indian language as ‘Rajyotsava Day’?
  1. A.Kannada                 
  2. B.Tamil
  3. C.Malayalam               
  4. D.Telugu
Q 45 :
Sitting Bull, who was seen in the news recently, was a native ________leader.
  1. A.Greek                    
  2. B.African
  3. C.American                
  4. D.Australian
Q 46 :
Where was India’s 1st Manned Ocean Mission ‘Samudrayan’ launched by the Ministry of Earth Science?
  1. A.Gurugram, Haryana                  
  2. B.Noida, Uttar Pradesh
  3. C.Mumbai, Maharashtra         
  4. D.Chennai, Tamil Nadu 
Q 47 :
Which Country chaired the 13th Meeting of Heads of National Statistical Offices (NSO) of BRICS that was held virtually in October 2021?
  1. A.Brazil                  
  2. B.Russia
  3. C.India                   
  4. D.China
Q 48 :
Where was India’s largest landfill gas-to-compressed biogas plant launched (in Oct’21) by Ramky Enviro Engineers Limited (REEL)?
  1. A.Gurugram, Haryana              
  2. B.Noida, Uttar Pradesh
  3. C.Hyderabad, Telangana     
  4. D.Chennai, Tamil Nadu
Q 49 :
What is the theme of 14th Edition of Urban Mobility India (UMI) Conference 2021?
  1. A.Mobility for All                  
  2. B.Green Urban Mobility   
  3. C.Accessible and Liveable Cities           
  4. D.Emerging Trends in Urban Mobility
Q 50 :
Who authored the book, “The Nutmeg’s Curse: A Parable for a Planet in Crisis”?
  1. A.Kiran Desai                        
  2. B.Anita Desai
  3. C.Vikram Seth             
  4. D.Amitav Ghosh     

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