Practice AI-generated SBI PO General Awareness MCQs on Odelya Vooo AI — covering Banking and Financial Awareness, Static General Knowledge, Current Affairs, Indian Economy, Economic and Social Issues as per the official SBI PO Preliminary and Mains examination syllabus. General Awareness is one of the highest-scoring and most decisive sections in the SBI PO Mains paper, and consistent daily practice is what separates selected candidates from the rest. Every session on Vooo AI delivers fresh, intelligently generated questions aligned to the exact SBI PO pattern. Register free for 30 daily MCQs or buy a plan from ₹120/month.
Vooo AI covers all critical SBI PO General Awareness topics — RBI monetary policy and banking regulations, landmark government schemes and their implementation status, important appointments in the financial sector, India's performance in major international indices, static GK on history, geography and polity, and high-frequency current affairs on banking, economy and national development directly asked in SBI PO Mains papers every year. The margin between selection and rejection in SBI PO is consistently narrow, and the advantage belongs to candidates who combine strong static knowledge with sharp current affairs awareness and practice every single day. Visit the All Finance Exams MCQ page, sign up free or view plans today.
State Bank of India was established on 1 July 1955 when the Imperial Bank of India was nationalised and renamed. The Imperial Bank was itself formed in 1921 from the merger of three presidency banks. SBI is India's largest commercial bank and a Fortune 500 company.
The corporate headquarters of State Bank of India is located at State Bank Bhavan, Madame Cama Road, Mumbai (Maharashtra). SBI has over 22,000 branches and 65,000 ATMs across India, making it the largest bank branch network in the country.
PMJDY (Pradhan Mantri Jan Dhan Yojana) is India's national financial inclusion mission launched on 28 August 2014. It aims to ensure affordable access to financial services for all households. Account holders get a RuPay debit card and life insurance cover. It is the world's largest financial inclusion initiative.
NEFT (National Electronic Funds Transfer) is a nationwide payment system operated by RBI that facilitates one-to-one transfer of funds between bank accounts. NEFT operates on a deferred net settlement basis in hourly batches. Since December 2019, NEFT operates 24x7 including weekends and holidays.
The Narasimham Committee on banking sector reforms recommended consolidation of public sector banks. Following these recommendations and to create a stronger global bank, SBI merged its five associate banks (State Bank of Bikaner and Jaipur, State Bank of Hyderabad etc.) and Bharatiya Mahila Bank with itself in 2017.
RTGS (Real Time Gross Settlement) is used for large-value fund transfers (minimum ₹2 lakh) that are settled in real time — meaning transactions are processed immediately and individually. Unlike NEFT which is batch-based, RTGS settles each transaction individually. It operates 24x7 since December 2020.
The Insolvency and Bankruptcy Code (IBC) was enacted in 2016 to consolidate and amend laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals. It created the National Company Law Tribunal (NCLT) as the adjudicating authority for corporate insolvencies.
RBI mandates domestic commercial banks to lend 40% of Adjusted Net Bank Credit (ANBC) to priority sectors including agriculture (18%), micro enterprises, education, housing and weaker sections. This ensures credit flows to sectors that may not otherwise have adequate access to bank credit.
UPI (Unified Payments Interface) was launched by NPCI (National Payments Corporation of India) in 2016. It allows instant money transfers between bank accounts using a mobile number or UPI ID (VPA). UPI has become the most popular digital payment method in India, processing billions of transactions monthly.
Basel III is a global regulatory framework developed by the Basel Committee on Banking Supervision to strengthen bank capital requirements and introduce new regulatory requirements on bank liquidity and leverage. It requires banks to maintain higher quality capital and liquidity buffers to withstand financial stress.