SBI Clerk 2026 Most Expected Banking Awareness Questions with Answers

Banking Awareness is one of the most scoring sections in SBI Clerk, SBI PO, IBPS PO, and IBPS Clerk examinations.

Candidates who prepare this section well can gain a significant advantage over competitors.

Important Banking Awareness Questions

Q1. What is the full form of RBI?

Answer: Reserve Bank of India

Q2. What is the full form of NEFT?

Answer: National Electronic Funds Transfer

Q3. What is the full form of RTGS?

Answer: Real Time Gross Settlement

Q4. What is the full form of IMPS?

Answer: Immediate Payment Service

Q5. Who regulates banks in India?

Answer: Reserve Bank of India

Q6. What is Repo Rate?

Answer: The rate at which RBI lends money to commercial banks.

Q7. What is Reverse Repo Rate?

Answer: The rate at which RBI borrows money from commercial banks.

Q8. What is CRR?

Answer: Cash Reserve Ratio

Q9. What is SLR?

Answer: Statutory Liquidity Ratio

Q10. What is the headquarters of RBI?

Answer: Mumbai

Q11. What is the full form of UPI?

Answer: Unified Payments Interface

Q12. Which organization manages UPI?

Answer: NPCI

Q13. What is KYC?

Answer: Know Your Customer

Q14. What is the full form of ATM?

Answer: Automated Teller Machine

Q15. Which bank is known as India's largest public sector bank?

Answer: State Bank of India

Important Banking Topics for 2026

Candidates should focus on:

RBI

• Monetary Policy
• Repo Rate
• Reverse Repo Rate

Financial Institutions

• RBI
• NABARD
• SIDBI
• SEBI

Banking Products

• Loans
• Deposits
• Credit Cards

Digital Banking

• UPI
• NEFT
• RTGS
• IMPS

Government Schemes

• PMJDY
• Mudra Yojana
• Stand-Up India

Preparation Strategy

Daily:

• 20 Banking Awareness Questions
• Current Affairs Revision
• Weekly Mock Test

This approach helps candidates improve accuracy and confidence before the actual examination.