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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 61–70 of 141
Topics in Bank PO / Clerk / RBI
Which of the following banks is NOT a public sector bank?
A Punjab National Bank
B Canara Bank
C Axis Bank
D Indian Bank
Correct Answer:  C. Axis Bank
EXPLANATION

Axis Bank is a private sector bank. Punjab National Bank, Canara Bank, and Indian Bank are all public sector banks promoted by the Government of India.

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Which bank has the highest number of branches as of 2024?
A State Bank of India
B ICICI Bank
C HDFC Bank
D Bank of Baroda
Correct Answer:  A. State Bank of India
EXPLANATION

State Bank of India (SBI) has the largest branch network among all banks in India, with over 20,000 branches across the country.

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What is the current Repo Rate as per RBI's monetary policy (as of 2024)?
A 6.50%
B 6.25%
C 5.75%
D 7.00%
Correct Answer:  A. 6.50%
EXPLANATION

As of 2024, RBI has maintained the Repo Rate at 6.50% in its monetary policy stance. The Repo Rate is the rate at which RBI lends to commercial banks.

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What is the minimum amount required to open a Sukanya Samriddhi Account?
A ₹250
B ₹500
C ₹1,000
D ₹1,500
Correct Answer:  C. ₹1,000
EXPLANATION

The minimum opening balance for Sukanya Samriddhi Account is ₹1,000 as per 2024 guidelines.

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What is the tenure of the current Governor of RBI (as of 2024)?
A 3 years
B 5 years
C 6 years
D 7 years
Correct Answer:  C. 6 years
EXPLANATION

The RBI Governor's tenure is 6 years or until age 65, whichever is earlier.

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What does NEFT stand for?
A National Electronic Fund Transfer
B National Electronic Financial Transaction
C National External Fund Transfer
D National Electronic Funds Transaction
Correct Answer:  A. National Electronic Fund Transfer
EXPLANATION

NEFT stands for National Electronic Fund Transfer, a system for electronic transfer of funds between banks in India.

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Which banking regulation framework replaced the Basel II framework?
A Basel I
B Basel III
C Basel IV
D Basel Standard
Correct Answer:  B. Basel III
EXPLANATION

Basel III replaced Basel II framework with stricter capital requirements and liquidity standards implemented post-2008 financial crisis.

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What is the tenure period for the current Governor of the Reserve Bank of India as of 2024-2025?
A 3 years
B 5 years
C 6 years
D 7 years
Correct Answer:  C. 6 years
EXPLANATION

The RBI Governor's tenure is typically 6 years or until the age of 65 years, whichever is earlier.

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What does NEFT stand for in the context of banking?
A National Electronic Fund Transfer
B National Express Financial Transaction
C Net Electronic Fund Transaction
D National Efficient Financial Transfer
Correct Answer:  A. National Electronic Fund Transfer
EXPLANATION

NEFT is a system for transferring funds electronically between banks, processing transactions in batches at predetermined intervals.

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Which banking service allows customers to access their bank account through mobile devices using Internet banking?
A NFC Banking
B Mobile Banking
C ATM Services
D Payment Gateway
Correct Answer:  B. Mobile Banking
EXPLANATION

Mobile banking enables customers to perform banking transactions through smartphones via internet or mobile apps.

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