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Banking Sample Paper SBI PO (Main) Sample Test Paper-1

  • question_answer
    Direction: Study the following information carefully and answer the question given below:
    Statement: The country's largest lender State Bank of India has cut its home loan rate to 9.4% with effect from April 1 from 9.5%.
    Which of the following will be a necessary effect of the cut in the interest rate by SBI?

    A)  The amount of retail loans will come down.

    B)  The customer base of SBI will increase.

    C)  Others banks will also cut down their home loan rates.

    D)  The profit of SBI will increase.

    E)  The NPA of the SBI will increase with the distribution of retail loans.

    Correct Answer: B

    Solution :

    ; Choice 3 is also an effect but not necessary. 4) will be a long-drawn effect.


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