Banking Exam SBI General 2 — Questions and Answers
Question 1: What is the full form of SBI?
- State Bank of India (Correct answer)
- Standard Bank of India
- Savings Bank of India
- Small Business Institution
Correct answer: State Bank of India
SBI stands for State Bank of India, the country's largest public sector bank.
Question 2: In which year was the State Bank of India established?
- 1949
- 1955 (Correct answer)
- 1935
- 1969
Correct answer: 1955
SBI was established on July 1, 1955, when the Imperial Bank of India was nationalized.
Question 3: SBI's headquarters is located in which Indian city?
- New Delhi
- Kolkata
- Mumbai (Correct answer)
- Chennai
Correct answer: Mumbai
SBI's corporate headquarters is located in Mumbai, Maharashtra.
Question 4: Which of the following is NOT an associate bank that was merged with SBI?
- State Bank of Bikaner and Jaipur
- State Bank of Mysore
- State Bank of Travancore
- State Bank of Rajasthan (Correct answer)
Correct answer: State Bank of Rajasthan
State Bank of Rajasthan was merged with SBI in 2010, before the 2017 mega-merger of the remaining five associates.
Question 5: What does YONO stand for in SBI's digital platform?
- Your Online and Offline
- You Only Need One (Correct answer)
- Your Own New Offer
- Your One-stop Navigation Option
Correct answer: You Only Need One
YONO stands for You Only Need One, SBI's integrated digital banking platform.
Question 6: Who appoints the Chairman of SBI?
- RBI Governor
- Finance Minister of India
- Central Government (Correct answer)
- SBI Board of Directors
Correct answer: Central Government
The Chairman of SBI is appointed by the Central Government of India.
Question 7: SBI Card is a joint venture between SBI and which international company?
- Visa Inc.
- American Express
- GE Capital (Correct answer)
- Mastercard
Correct answer: GE Capital
SBI Card was initially a joint venture between SBI and GE Capital; SBI later acquired full majority stake.
