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Medium Free Competitive Exams SBI

SBI Competitive Exam Quiz

Test your knowledge of State Bank of India and important banking concepts through focused competitive exam practice.

25 Questions
30 min Duration
85% To pass
1.00 Marks / correct

Instructions

  • This quiz has 25 questions.
  • Questions are picked at random from a bank of 500, so each attempt is different.
  • You have 30 minutes. The quiz submits automatically when time runs out.
  • You need 85% to pass.
  • There is no negative marking.
  • You can mark questions for review and return to them before submitting.
  • Correct answers and explanations are shown after you submit.

Sample Questions & Answers

A preview of 12 questions from this quiz, each with the correct answer and a written explanation. Attempt the full, timed quiz to be scored and earn XP.

  1. Question 1

    SBI traces its origin to which bank established in Calcutta on 2 June 1806?

    • Bank of Madras
    • Imperial Bank of India
    • Bank of Calcutta Correct answer
    • Bank of Bombay
    Explanation: SBI's official history traces its origin to the Bank of Calcutta, established in Calcutta on 2 June 1806.
  2. Question 2

    The Bank of Calcutta was redesigned as which bank in 1809?

    • Imperial Bank of India
    • Bank of Bengal Correct answer
    • Bank of Bombay
    • Bank of Madras
    Explanation: The Bank of Calcutta received its charter and was redesigned as the Bank of Bengal on 2 January 1809.
  3. Question 3

    On what date was the Bank of Bengal established from the Bank of Calcutta?

    • 2 January 1809 Correct answer
    • 2 June 1806
    • 15 April 1840
    • 1 July 1843
    Explanation: The Bank of Bengal was established on 2 January 1809.
  4. Question 4

    Which presidency bank was established on 15 April 1840?

    • Bank of Bengal
    • Bank of Madras
    • Imperial Bank of India
    • Bank of Bombay Correct answer
    Explanation: The Bank of Bombay was established on 15 April 1840.
  5. Question 5

    Which presidency bank was established on 1 July 1843?

    • Bank of Bengal
    • Imperial Bank of India
    • Bank of Madras Correct answer
    • Bank of Bombay
    Explanation: The Bank of Madras was established on 1 July 1843.
  6. Question 6

    The Bank of Bengal, Bank of Bombay and Bank of Madras were amalgamated into which institution in 1921?

    • Bank of India
    • Imperial Bank of India Correct answer
    • State Bank of India
    • Reserve Bank of India
    Explanation: The three presidency banks were amalgamated to form the Imperial Bank of India on 27 January 1921.
  7. Question 7

    On what date was the Imperial Bank of India formed?

    • 27 January 1921 Correct answer
    • 1 July 1955
    • 15 April 1840
    • 2 January 1809
    Explanation: The Imperial Bank of India was formed on 27 January 1921.
  8. Question 8

    Which institution succeeded the Imperial Bank of India in 1955?

    • Reserve Bank of India
    • Bank of Bengal
    • Bank of India
    • State Bank of India Correct answer
    Explanation: The State Bank of India was constituted on 1 July 1955, taking over the Imperial Bank's undertaking.
  9. Question 9

    On what date was the State Bank of India constituted?

    • 1 January 1956
    • 19 July 1969
    • 1 July 1955 Correct answer
    • 27 January 1921
    Explanation: SBI was constituted on 1 July 1955 under the State Bank of India Act, 1955.
  10. Question 10

    Which committee recommended creation of a state-partnered and state-sponsored bank by taking over the Imperial Bank?

    • Kelkar Committee
    • All India Rural Credit Survey Committee Correct answer
    • Narasimham Committee
    • Sarkaria Commission
    Explanation: The All India Rural Credit Survey Committee recommended creation of a state-partnered and state-sponsored bank.
  11. Question 11

    Which Act enabled SBI to take over eight former State-associated banks as subsidiaries?

    • State Bank of India (Subsidiary Banks) Act, 1959 Correct answer
    • State Bank of India Act, 1955
    • Banking Companies Act, 1949
    • Banking Regulation Act, 1949
    Explanation: The State Bank of India (Subsidiary Banks) Act, 1959 enabled SBI to take over eight former State-associated banks as subsidiaries.
  12. Question 12

    How many former State-associated banks were taken over as SBI subsidiaries under the 1959 legislation?

    • Five
    • Seven
    • Ten
    • Eight Correct answer
    Explanation: The 1959 legislation enabled SBI to take over eight former State-associated banks as subsidiaries.

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Practice SBI and Banking Questions

This quiz focuses on State Bank of India and related banking knowledge that can be useful when preparing for banking examinations.

Banking Awareness Practice

Questions may cover SBI history, services, banking terminology and other relevant facts. Review the explanations carefully to strengthen your understanding.

Useful for Banking Exam Preparation

Use this quiz as part of a wider banking preparation plan that includes reasoning, quantitative aptitude, English and current banking awareness.

Frequently Asked Questions

Each attempt serves 25 questions, drawn at random from a bank of 500, with 30 minutes.

You need at least 85% to pass this quiz.

No, there is no negative marking on this quiz.

Yes. You can attempt this quiz again at any time, though first-attempt XP bonuses apply only once.

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