iGET

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.181Medium

Under the Payment and Settlement Systems Act, 2007, which institution is authorized to regulate payment systems in India?

Q.182Medium

Which digital payment system, launched by RBI and NPCI, is designed specifically for merchants?

Q.183Medium

What is the primary objective of a 'Priority Sector Lending' mandate for banks?

Q.184Medium

Which of the following is a characteristic of 'Cryptocurrency' that distinguishes it from fiat currency?

Q.185Medium

As per the latest RBI regulations (2024), what is the minimum Capital to Risk-Weighted Assets Ratio (CRAR) requirement for Scheduled Commercial Banks?

Q.186Medium

Which bank has been designated as the Wholly-Owned Subsidiary (WOS) of Reserve Bank of India in 2024?

Q.187Medium

Under the RBI's Inflation Targeting Framework, what is the target inflation range for consumer price inflation?

Q.188Medium

Which of the following best describes the 'Statutory Liquidity Ratio' (SLR) maintained by banks?

Q.189Medium

Which regulatory framework ensures that banks maintain adequate capital buffers above minimum requirements?

Q.190Medium

The RBI's 'Insolvency Resolution and Debt Restructuring (IRDR) Framework' primarily focuses on which aspect?

Q.191Medium

Which of the following is a key feature of Unified Payments Interface (UPI) 2.0 launched in 2024?

Q.192Medium

The RBI's 'Retail Direct Scheme' allows individual investors to directly purchase government securities. What is a key benefit of this scheme?

Q.193Medium

What is the minimum paid-up capital required for a Small Finance Bank to operate in India as per RBI guidelines (2024)?

Q.194Medium

Under Basel III norms, what is the minimum Capital to Risk-Weighted Assets Ratio (CRAR) for banks?

Q.195Medium

Which of the following is NOT a type of Non-Performing Asset (NPA)?

Q.196Medium

Which financial year did India adopt the Goods and Services Tax (GST)?

Q.197Medium

What is the current reverse repo rate as per RBI's latest monetary policy (2024-2025)?

Q.198Medium

Which Act regulates banking sector operations and customer protection in India?

Q.199Medium

What is the primary function of the Financial Stability and Development Council (FSDC)?

Q.200Medium

Study the given data: Bank deposits in Q1 2024 were ₹120 crore, Q2 2024 were ₹135 crore, Q3 2024 were ₹162 crore. What is the average growth percentage quarter-on-quarter?