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Bank PO / Clerk / RBI

PO, Clerk, RRB — Quantitative, Reasoning, GK

141 Q 3 Topics Take Test
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Difficulty: All Easy Medium Hard 121–130 of 141
Topics in Bank PO / Clerk / RBI
Q.121 Easy
Which of the following is NOT a function of the Deposit Insurance and Credit Guarantee Corporation (DICGC) as per 2024 guidelines?
A Insuring deposits up to ₹5 lakh per depositor per bank
B Setting monetary policy for commercial banks
C Providing insurance coverage for both principal and accrued interest
D Managing claims and payouts to depositors during bank failures
Correct Answer:  B. Setting monetary policy for commercial banks
EXPLANATION

DICGC insures deposits but does not set monetary policy—that is the RBI's function. DICGC covers deposits up to ₹5 lakh including principal and accrued interest.

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Q.122 Easy
A bank processed 50,000 digital transactions in Q1 2024 out of 200,000 total transactions. In Q2, digital transactions increased by 20% while total transactions increased by 10%. What is the new percentage of digital transactions?
A 27.27%
B 28.33%
C 29.41%
D 30.50%
Correct Answer:  C. 29.41%
EXPLANATION

Q1: Digital = 50,000; Total = 200,000. Q2: Digital = 50,000 × 1.2 = 60,000; Total = 200,000 × 1.1 = 220,000. New percentage = (60,000/220,000) × 100 = 27.27%. However, correct calculation: 60,000/220,000 = 0.2727 = 27.27%. Re-checking: Actually 29.41% is derived from different base. The answer is 27.27%.

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Q.123 Easy
In 2024, the RBI mandated that banks maintain a minimum Capital Adequacy Ratio (CAR) of what percentage under Basel III framework?
A 9.5%
B 10.5%
C 11.5%
D 12.5%
Correct Answer:  B. 10.5%
EXPLANATION

Under Basel III, banks must maintain a minimum CAR of 10.5%, which includes a 4.5% Tier 1 capital ratio, a 6% Tier 1 capital plus Tier 2 ratio, and a 2.5% capital conservation buffer.

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Q.124 Easy
If Bank X's Current Ratio is 1.8 and its Quick Ratio is 1.2, what can be inferred about the bank's liquidity position?
A The bank has excessive inventory relative to current liabilities
B The bank's liquid assets are insufficient to cover short-term obligations
C The bank maintains adequate liquidity with a cushion for unexpected withdrawals
D The bank's current liabilities exceed its current assets
Correct Answer:  C. The bank maintains adequate liquidity with a cushion for unexpected withdrawals
EXPLANATION

A Current Ratio of 1.8 and Quick Ratio of 1.2 indicates the bank can cover current liabilities 1.8 times with all current assets and 1.2 times with only the most liquid assets, suggesting healthy liquidity.

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Q.125 Easy
Which government scheme provides deposit insurance coverage up to ₹5 lakh per depositor per bank?
A Pradhan Mantri Jan Dhan Yojana
B Deposit Insurance and Credit Guarantee Corporation (DICGC) Scheme
C Pradhan Mantri Suraksha Bima Yojana
D Credit Guarantee Fund Trust for Micro and Small Enterprises
Correct Answer:  B. Deposit Insurance and Credit Guarantee Corporation (DICGC) Scheme
EXPLANATION

DICGC, established under the RBI, provides deposit insurance covering up to ₹5 lakh per depositor per bank per financial year, protecting depositors' interests in case of bank failure.

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Q.126 Easy
Which RBI initiative aims to provide affordable credit to the unbanked and underbanked population through banks?
A Priority Sector Lending (PSL)
B Know Your Customer (KYC) Framework
C Credit Guarantee Scheme
D Sukanya Samriddhi Yojana
Correct Answer:  A. Priority Sector Lending (PSL)
EXPLANATION

Priority Sector Lending mandates that banks lend at least 40% of their Adjusted Net Bank Credit (ANBC) to priority sectors including agriculture, MSMEs, and weaker sections, promoting financial inclusion.

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Q.127 Easy
Bank Y's Earnings Per Share (EPS) increased from ₹45 to ₹54 year-on-year. What is the percentage growth in EPS?
A 15%
B 18%
C 20%
D 22%
Correct Answer:  C. 20%
EXPLANATION

EPS growth = ((54 - 45) / 45) × 100 = (9/45) × 100 = 20%

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Q.128 Easy
A bank's Non-Performing Asset (NPA) ratio is 2.8%. Which of the following asset classification would NOT be included in this calculation?
A Substandard Assets
B Doubtful Assets
C Loss Assets
D Standard Assets
Correct Answer:  D. Standard Assets
EXPLANATION

NPA includes substandard, doubtful, and loss assets. Standard assets (performing assets) are excluded from NPA calculations as per RBI's asset classification guidelines.

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Q.129 Easy
Bank X's total deposits are ₹2,50,000 crores with advances of ₹1,87,500 crores. What is the bank's Loan-to-Deposit Ratio (LDR)?
A 65%
B 70%
C 75%
D 80%
Correct Answer:  C. 75%
EXPLANATION

LDR = (Advances / Total Deposits) × 100 = (1,87,500 / 2,50,000) × 100 = 75%. A healthy LDR is typically between 70-85%.

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Q.130 Easy
What is the current mandatory Cash Reserve Ratio (CRR) set by RBI as per 2024-2025 guidelines?
A 3.5%
B 4.0%
C 4.5%
D 5.0%
Correct Answer:  C. 4.5%
EXPLANATION

As per RBI's latest monetary policy framework for 2024-2025, the CRR is maintained at 4.5% of Net Demand and Time Liabilities (NDTL).

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