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Bank PO / Clerk / RBI - MCQ Practice Questions

Practice <strong>IBPS PO, IBPS Clerk, SBI PO, SBI Clerk, RBI Grade B</strong> MCQs covering Quantitative Aptitude, Reasoning Ability, English Language, General/Banking Awareness, and Computer Aptitude. Updated with the latest banking exam pattern.

504 questions | 100% Free

Q.1Easy

Which of the following is NOT a function of the Reserve Bank of India?

Q.2Easy

What is the current repo rate set by RBI as of 2024?

Q.3Easy

Which bank is the 'Banker to the Government' of India?

Q.4Easy

What does NEFT stand for in banking?

Q.5Easy

Which organization regulates insurance companies in India?

Q.6Easy

What is the full form of RTGS?

Q.7Easy

What does KYC stand for in banking?

Q.8Easy

What is the maximum period for which a bank can classify an account as NPA (Non-Performing Asset)?

Q.9Easy

Which rate does the RBI use as the benchmark for transmission of monetary policy?

Q.10Easy

What does CASA stand for in banking terminology?

Q.11Easy

Under the Pradhan Mantri Jan Dhan Yojana (PMJDY), what is the overdraft limit for eligible beneficiaries?

Q.12Easy

What is the tenure for which RBI Governor is appointed?

Q.13Easy

What is the primary objective of the Pradhan Mantri Mudra Yojana (PMMY)?

Q.14Easy

As per the latest RBI guidelines (2024), what is the Statutory Liquidity Ratio (SLR) minimum requirement for Scheduled Commercial Banks?

Q.15Easy

Which government scheme aims to provide social security coverage to unorganized workers?

Q.16Easy

Which banking service allows customers to access their bank account through mobile devices using Internet banking?

Q.17Easy

What does NEFT stand for in the context of banking?

Q.18Easy

What is the tenure period for the current Governor of the Reserve Bank of India as of 2024-2025?

Q.19Easy

Which banking regulation framework replaced the Basel II framework?

Q.20Easy

What does NEFT stand for?