Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-7

  • question_answer
    Which of the following is a non-banking's subsidiary of State Bank of India?

    A)  SBI Capital Markets Ltd.

    B)  SBI Funds Management Pvt. Ltd.

    C)  SBI Global Factors Ltd.

    D)  SBI Cards & Payments Services Pvt. Ltd.

    E)  All of the above given as options

    Correct Answer: E

    Solution :

    Apart from its five associate banks, State Bank of India has the following Non-Banking Subsidiaries in India:
    SBI Capital Markets Ltd
    SBI Funds Management Pvt. Ltd
    SBI Global Factors Ltd.
    SBI Cards & Payments Service Pvt. Ltd. (SBICPSL)
    SBI DFHI Ltd
    SBI General Insurance Company Limited
    SBI Pension Funds Pvt. Ltd. (SBIPFPL)


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