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Banking Awareness Questions for SBI CLERK

Free, AI-curated practice for the Banking Awareness section of SBI CLERK. We have 30+ verified questions in this bank. Below: 5 sample questions. Sign up free to unlock unlimited practice + AI explanations + per-topic analytics.

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📍 Banking Awareness is also tested in:
IBPS PO (30)SBI PO (30)IBPS CLERK (28)

Sample questions

Q1 · easy · AI-verified
What is the current repo rate in India as of 2024?
  1. 6.50%
  2. 6.00%
  3. 7.00%
  4. 5.50%
Q2 · easy · AI-verified
What does IFSC code stand for?
  1. International Financial System Code
  2. Indian Financial System Code
  3. Indian Federal System Code
  4. Inter Financial Service Code
Q3 · easy · AI-verified
What does CRR stand for in banking?
  1. Cash Reserve Ratio
  2. Credit Risk Ratio
  3. Current Reserve Ratio
  4. Capital Requirement Ratio
Q4 · easy · AI-verified
The headquarters of State Bank of India is located in:
  1. New Delhi
  2. Mumbai
  3. Kolkata
  4. Chennai
Q5 · easy · AI-verified
Which Act governs the banking operations in India?
  1. Banking Regulation Act, 1949
  2. Reserve Bank Act, 1935
  3. Financial Services Act, 1965
  4. Banking Companies Act, 1956
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