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Bank PO / Clerk / RBI

PO, Clerk, RRB — Quantitative, Reasoning, GK

494 Q 3 Topics Take Test
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Difficulty: All Easy Medium Hard 191–200 of 494
Topics in Bank PO / Clerk / RBI
Q.191 Easy General Awareness
What is the coverage amount under the Deposit Insurance and Credit Guarantee Corporation (DICGC) scheme as of 2024?
A ₹1 lakh per depositor per bank
B ₹2 lakhs per depositor per bank
C ₹5 lakhs per depositor per bank
D ₹10 lakhs per depositor per bank
Correct Answer:  C. ₹5 lakhs per depositor per bank
EXPLANATION

DICGC provides deposit insurance coverage of ₹5 lakhs per depositor per bank to ensure depositor security.

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Q.192 Hard General Awareness
Which of the following banks is NOT part of the RBI's core supervisory framework as a Systemically Important Bank (SIB)?
A ICICI Bank
B HDFC Bank
C Regional Rural Bank
D Axis Bank
Correct Answer:  C. Regional Rural Bank
EXPLANATION

Regional Rural Banks are not classified as SIBs; only major private and public banks meeting size criteria are designated as SIBs.

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Q.193 Easy General Awareness
In banking terminology, what does 'Amortization' refer to?
A The process of charging depreciation on assets
B Paying off a debt gradually through scheduled payments
C The rate of inflation in a fiscal year
D The conversion of assets into cash
Correct Answer:  B. Paying off a debt gradually through scheduled payments
EXPLANATION

Amortization is the process of gradually paying off a loan through regular, scheduled installments over time.

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Q.194 Medium General Awareness
What is the mandated percentage of credit disbursement for Micro and Small Enterprises (MSE) under priority sector lending?
A 8%
B 10%
C 12%
D 15%
Correct Answer:  C. 12%
EXPLANATION

RBI mandates that at least 12% of total priority sector lending should go to Micro and Small Enterprises.

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Q.195 Hard General Awareness
Which RBI scheme allows banks to lend against government securities as collateral?
A Liquidity Coverage Ratio (LCR)
B Marginal Standing Facility (MSF)
C Securities borrowing and lending scheme
D Open Market Operations (OMO)
Correct Answer:  C. Securities borrowing and lending scheme
EXPLANATION

Securities borrowing and lending allows banks to manage their security portfolios by borrowing/lending government securities.

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Q.196 Medium General Awareness
What does CASA ratio signify in banking?
A Current Account to Savings Account ratio - measure of deposit mix
B Capital Adequacy Stress Assessment ratio
C Credit Assessment and Sanction Authority
D Compliance and Safety Analysis ratio
Correct Answer:  A. Current Account to Savings Account ratio - measure of deposit mix
EXPLANATION

CASA ratio reflects the proportion of Current Accounts to Savings Accounts, indicating low-cost deposit base quality.

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Q.197 Medium General Awareness
Which of the following is a characteristic of a Certificate of Deposit (CD)?
A It is a demand deposit
B It is a negotiable, fixed-income security issued at a discount
C It offers variable interest rates
D It can be withdrawn without penalty before maturity
Correct Answer:  B. It is a negotiable, fixed-income security issued at a discount
EXPLANATION

CDs are negotiable instruments issued by banks at a discount, sold in the money market, with fixed maturity periods.

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Q.198 Medium General Awareness
As per recent RBI guidelines (2024), what is the threshold loan amount for priority sector lending to agriculture?
A ₹50 lakhs
B ₹75 lakhs
C ₹1 crore
D ₹2 crores
Correct Answer:  A. ₹50 lakhs
EXPLANATION

RBI prescribes priority sector lending to agriculture with a loan limit of ₹50 lakhs for individual farmers.

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Q.199 Easy General Awareness
What is the full form of SWIFT in banking operations?
A Secure World Internet Financial Transfer
B Society for Worldwide Interbank Financial Telecommunication
C Standard Worldwide International Financial Technology
D Systematic World Inter-Financial Transfer
Correct Answer:  B. Society for Worldwide Interbank Financial Telecommunication
EXPLANATION

SWIFT is the Society for Worldwide Interbank Financial Telecommunication, used for secure international fund transfers.

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Q.200 Medium General Awareness
Which term refers to the difference between the Repo Rate and the Reverse Repo Rate set by RBI?
A Corridor
B Spread
C Liquidity Adjustment Facility (LAF)
D Policy Rate
Correct Answer:  A. Corridor
EXPLANATION

The corridor refers to the band between Repo Rate (upper ceiling) and Reverse Repo Rate (lower floor) for overnight lending.

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