1. What does YONO SBI stand for?
a) Your Online Networking Organization – State Bank of India
b) You Only Need One – State Bank of India
c) Your Own Needs Online – State Bank of India
d) Young Online Networking Organization – State Bank of India
Answer: b) You Only Need One – State Bank of India
2. YONO SBI is an integrated digital banking platform offered by which bank?
a) ICICI Bank
b) HDFC Bank
c) Axis Bank
d) State Bank of India
Answer: d) State Bank of India
3. What services does YONO SBI provide to its users?
a) Banking, shopping, investment, and lifestyle services
b) Entertainment and gaming services
c) Transportation services
d) Social media networking
Answer: a) Banking, shopping, investment, and lifestyle services
4. How can users access YONO SBI?
a) Through a mobile app only
b) Through a website only
c) Through both a mobile app and a website
d) Through SMS banking
Answer: c) Through both a mobile app and a website
5. Which of the following services is NOT offered by YONO SBI?
a) Online shopping
b) Mutual fund investment
c) Flight bookings
d) Grocery delivery
Answer: d) Grocery delivery
6. What is the primary objective of YONO SBI?
a) To provide discounts on shopping
b) To facilitate seamless banking and financial transactions
c) To offer entertainment services
d) To provide social media networking
Answer: b) To facilitate seamless banking and financial transactions
7. Which regulatory body oversees the operations of YONO SBI?
a) Reserve Bank of India (RBI)
b) National Payments Corporation of India (NPCI)
c) Securities and Exchange Board of India (SEBI)
d) Ministry of Finance
Answer: a) Reserve Bank of India (RBI)
8. What is the minimum age requirement to register for YONO SBI?
a) 16 years
b) 18 years
c) 21 years
d) 25 years
Answer: b) 18 years
9. How does YONO SBI ensure the security of transactions?
a) Through encryption and secure authentication methods
b) By storing user data on external servers
c) By sharing sensitive information with third parties
d) By allowing anonymous transactions
Answer: a) Through encryption and secure authentication methods
10. What is the primary mode of authentication for YONO SBI users?
a) OTP (One Time Password)
b) Biometric verification
c) PIN (Personal Identification Number)
d) Facial recognition
Answer: a) OTP (One Time Password)
11. Can users open a new bank account using YONO SBI?
a) Yes
b) No
c) Only for savings accounts
d) Only for current accounts
Answer: a) Yes
12. Which of the following is NOT a feature of YONO SBI?
a) Book movie tickets
b) Pay utility bills
c) Transfer money to friends
d) Order food online
Answer: d) Order food online
13. What is the maximum limit for a single transaction using YONO SBI?
a) ₹10,000
b) ₹20,000
c) ₹50,000
d) ₹1,00,000
Answer: c) ₹50,000
14. How can users access their account balance through YONO SBI?
a) Through a missed call service
b) Through SMS banking
c) Through the mobile app or website
d) All of the above
Answer: d) All of the above
15. YONO SBI provides personalized financial recommendations to users based on their:
a) Social media activity
b) Shopping preferences
c) Banking transactions
d) Entertainment choices
Answer: c) Banking transactions
16. What is the fee charged by YONO SBI for transferring money from YONO SBI to another bank account?
a) 0%
b) 1%
c) 2%
d) 3%
Answer: a) 0%
17. YONO SBI offers a feature called “YONO Cash” for withdrawing cash without using an ATM card. How is this feature accessed?
a) By scanning a QR code at the bank branch
b) By entering a unique code received through SMS
c) By generating a cash withdrawal code through the YONO SBI app
d) By swiping the YONO SBI debit card at the ATM
Answer: c) By generating a cash withdrawal code through the YONO SBI app
18. Which of the following services is NOT provided by YONO SBI?
a) Insurance
b) Mutual funds
c) Stock trading
d) International money transfers
Answer: d) International money transfers
19. YONO SBI offers a virtual debit card service called:
a) YONO Money Card
b) YONO Digital Card
c) YONO Wallet Card
d) YONO SBI Card
Answer: d) YONO SBI Card
20. What is the customer support mechanism available for YONO SBI users?
a) YONO SBI call center
b) In-app chat support
c) Email support
d) All of the above
Answer: d) All of the above
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