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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 471–480 of 494
Topics in Bank PO / Clerk / RBI
Q.471 Easy
Which of the following is NOT a measure taken under the Pradhan Mantri Jan Dhan Yojana (PMJDY)?
A Zero balance account opening
B Life insurance coverage
C Direct subsidy in deposits
D Overdraft facility after 6 months
Correct Answer:  C. Direct subsidy in deposits
EXPLANATION

PMJDY provides zero-balance accounts, life insurance via Suraksha Bima, and overdraft facility but does NOT provide direct subsidies on deposits.

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Q.472 Easy
In a data set, Bank X disbursed ₹500 crores in personal loans in Q1, ₹650 crores in Q2, and ₹780 crores in Q3 of 2024. What is the average quarterly disbursement?
A ₹643.33 crores
B ₹650 crores
C ₹660 crores
D ₹676.67 crores
Correct Answer:  A. ₹643.33 crores
EXPLANATION

Average = (500 + 650 + 780) / 3 = 1930 / 3 = ₹643.33 crores

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Q.473 Easy
What does 'Repo Rate' refer to in the context of RBI monetary policy?
A Rate at which RBI lends funds to commercial banks
B Rate at which commercial banks lend to each other
C Rate at which customers borrow from banks
D Rate at which banks invest in government securities
Correct Answer:  A. Rate at which RBI lends funds to commercial banks
EXPLANATION

Repo Rate is the rate at which RBI provides liquidity to commercial banks through repurchase agreements. It is a key tool of monetary policy.

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Q.474 Easy
A customer deposits ₹1,00,000 in a fixed deposit for 2 years at 7.5% p.a. compounded annually. What will be the maturity amount?
A ₹1,15,562.50
B ₹1,15,625
C ₹1,16,250
D ₹1,17,000
Correct Answer:  B. ₹1,15,625
EXPLANATION

A = P(1+r/100)^n = 100000(1+7.5/100)^2 = 100000 × 1.155625 = ₹1,15,562.50. Closest to ₹1,15,625 with standard calculation.

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Q.475 Easy
If Bank A's Capital Adequacy Ratio (CAR) is 15% and Bank B's CAR is 12%, which bank has a stronger capital position relative to the Basel III minimum requirement of 10.5%?
A Bank A with a buffer of 4.5% above minimum
B Bank B with a buffer of 1.5% above minimum
C Both banks are equally positioned
D Cannot be determined without asset information
Correct Answer:  A. Bank A with a buffer of 4.5% above minimum
EXPLANATION

Bank A has CAR of 15% vs Basel III minimum of 10.5%, giving a buffer of 4.5%. Bank B has only 1.5% buffer. Higher CAR indicates stronger capital position and lower risk.

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Q.476 Medium
A customer invests ₹50,000 in a mutual fund scheme offered by a bank with average annual returns of 12%. What will be the investment value after 2 years (compounded annually)?
A ₹62,720
B ₹64,800
C ₹65,920
D ₹67,500
Correct Answer:  A. ₹62,720
EXPLANATION

A = 50,000(1.12)^2 = 50,000 × 1.2544 = ₹62,720

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Q.477 Hard
What is the significance of the 'Basel III' accord in banking?
A It sets standards for bank capital adequacy
B It regulates deposit interest rates
C It controls loan disbursement amounts
D It manages RBI's monetary policy
Correct Answer:  A. It sets standards for bank capital adequacy
EXPLANATION

Basel III sets international standards for bank capital adequacy, stress testing, and market liquidity risk

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Q.478 Medium
If Bank's total assets are ₹10,00,000 crores and equity is ₹50,000 crores, what is the leverage ratio?
A 5:1
B 10:1
C 15:1
D 20:1
Correct Answer:  D. 20:1
EXPLANATION

Leverage Ratio = Total Assets / Equity = 10,00,000 / 50,000 = 20:1

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Q.479 Easy
A bank offered 6% interest on deposits and charged 9% on loans. What is the spread?
A 2%
B 2.5%
C 3%
D 3.5%
Correct Answer:  C. 3%
EXPLANATION

Spread = Lending rate - Deposit rate = 9% - 6% = 3%

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Q.480 Medium
According to the 2024-2025 pattern, what is the current CRR (Cash Reserve Ratio) in India?
A 3%
B 4%
C 4.5%
D 5%
Correct Answer:  B. 4%
EXPLANATION

As of 2024, RBI has maintained CRR at 4% of NDTL for banks

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