Bank PO / Clerk / RBI — Banking Awareness
PO, Clerk, RRB — Quantitative, Reasoning, GK
Showing 11–18 of 18 questions
in Banking Awareness
Which of the following is NOT a type of Non-Performing Asset (NPA)?
Correct Answer:
D. Standard assets
EXPLANATION
Standard assets are performing assets. NPAs include substandard, doubtful, and loss assets.
Under Basel III norms, what is the minimum Capital to Risk-Weighted Assets Ratio (CRAR) for banks?
Correct Answer:
C. 10.5%
EXPLANATION
Basel III requires banks to maintain a minimum CRAR of 10.5% (including capital conservation buffer).
What is the minimum paid-up capital required for a Small Finance Bank to operate in India as per RBI guidelines (2024)?
Correct Answer:
B. Rs. 100 crore
EXPLANATION
RBI requires Small Finance Banks to maintain a minimum paid-up capital of Rs. 100 crore.
The Pradhan Mantri Jan Dhan Yojana (PMJDY) aims to provide banking services to which segment?
Correct Answer:
B. Unbanked and underbanked population
EXPLANATION
PMJDY was launched to provide universal access to banking services to unbanked and underbanked sections.
What does SWIFT stand for in banking?
Correct Answer:
B. Society for Worldwide Interbank Financial Telecommunication
EXPLANATION
SWIFT is the standard international system for financial messaging between banks.
Which bank is the largest public sector bank in India by asset size?
Correct Answer:
C. State Bank of India
EXPLANATION
State Bank of India (SBI) is the largest public sector bank in India.
What is the current repo rate as per RBI's latest monetary policy (2024-2025)?
Correct Answer:
B. 6.50%
EXPLANATION
RBI has set the repo rate at 6.50% in its latest policy review of 2024-2025.
Which of the following is the regulatory body for banks in India?
Correct Answer:
A. Reserve Bank of India
EXPLANATION
RBI is the central bank and primary regulator of all banks in India.