Entrance Exams
Govt. Exams
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Topics in Bank PO / Clerk / RBI
Q.241
Medium
What is the current Statutory Liquidity Ratio (SLR) requirement set by RBI as per 2024-2025?
Correct Answer:
B. 18%
EXPLANATION
As of 2024, RBI maintains SLR requirement at 18% of Net Demand and Time Liabilities (NDTL)
Q.242
Medium
If a bank's CAR (Capital Adequacy Ratio) is 15%, what does this indicate?
Correct Answer:
D. Both A and C
EXPLANATION
CAR of 15% means the bank has adequate capital buffer. Regulatory minimum is 10.5%, so 15% indicates compliance and strength
Q.243
Medium
In a bank's balance sheet, what does NPA (Non-Performing Asset) refer to?
Correct Answer:
B. Loans where payments are overdue by 90+ days
EXPLANATION
NPA is a classification for loans where principal or interest payment is overdue by 90 days or more
Q.244
Medium
A customer deposits ₹1,00,000 in a Fixed Deposit at 7% p.a. for 2 years with annual compounding. What is the final amount?
Correct Answer:
A. ₹1,14,490
EXPLANATION
A = P(1 + r/100)^n = 1,00,000(1.07)^2 = 1,00,000 × 1.1449 = ₹1,14,490
Q.245
Medium
If the Repo Rate is 6.5% and Reverse Repo Rate is 6.25%, which statement is true?
Correct Answer:
B. Banks earn more on lending than they pay on deposits
EXPLANATION
Repo Rate is higher than Reverse Repo Rate, so banks earn more when lending to the central bank versus borrowing
Q.246
Medium
What is the Base Rate set by RBI as of 2024?
Correct Answer:
D. RBI no longer uses Base Rate
EXPLANATION
RBI discontinued Base Rate framework in October 2019 and replaced it with repo rate-based monetary transmission