Bank PO / Clerk / RBI - MCQ Practice Questions

What is the minimum Capital Adequacy Ratio (CAR) required for Scheduled Commercial Banks under Basel III framework?

Which payment system allows instant transfer of funds between bank accounts?

What is the primary function of the Clearing Corporation of India Limited (CCIL)?

Which RBI scheme targets financial inclusion through digital channels?

What is the current Cash Reserve Ratio (CRR) as per RBI's latest monetary policy stance (2024)?

Which Indian banks were recently merged under the Bank Consolidation Scheme?

What is the primary purpose of the Integrated Ombudsman Scheme 2021?

What does the Basel III framework primarily focus on?

Under the RBI's regulatory framework, what is the minimum Statutory Liquidity Ratio (SLR) that banks must maintain?

Which of the following best describes a 'repo transaction' in banking?

Which RBI initiative aims to facilitate real-time, $\frac{24}{7}$ interbank fund transfers?

What is the primary feature of a 'Floating Rate Savings Account' offered by banks?

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

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

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

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

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

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

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

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