Q.41
Easy
A bank has Total Assets of ₹5,00,000 crore and Total Liabilities of ₹4,70,000 crore. What is the bank's Equity?
A
₹30,000 crore
B
₹970,000 crore
C
₹470,000 crore
D
Cannot be determined
Correct Answer:
A. ₹30,000 crore
Explanation:
Equity = Assets - Liabilities = ₹5,00,000 crore - ₹4,70,000 crore = ₹30,000 crore.
Q.42
Easy
RBI's repo rate as per the latest 2024 monetary policy stance is approximately:
A
4.5%
B
5.5%
C
6.5%
D
7.5%
Explanation:
As of late 2024, RBI's repo rate is in the range of 6.25%-6.5% under the current monetary tightening cycle.
Q.43
Easy
What is the maximum loan amount eligible under RBI's Pradhan Mantri Mudra Yojana (PMMY) as of 2024?
A
₹5 lakh
B
₹10 lakh
C
₹15 lakh
D
₹25 lakh
Correct Answer:
B. ₹10 lakh
Explanation:
PMMY provides loans up to ₹10 lakh for micro and small enterprises without requiring collateral.
Q.44
Easy
A bank's Net NPA ratio decreased from 2.5% to 1.8% year-on-year. What does this indicate?
A
Improvement in asset quality and better credit management
B
Decrease in total advances given by the bank
C
Increase in provision coverage ratio without improvement in asset quality
D
Reduction in the bank's profitability margins
Correct Answer:
A. Improvement in asset quality and better credit management
Explanation:
A lower Net NPA ratio indicates fewer non-performing assets relative to total advances, showing better asset quality and credit risk management by the bank.
Q.45
Easy
A savings account holder deposited ₹50,000 at 4% p.a. compounded quarterly. What will be the amount after 2 years?
A
₹54,120.25
B
₹54,061.01
C
₹54,200.50
D
₹54,000.00
Correct Answer:
A. ₹54,120.25
Explanation:
Using A = P(1 + r/400)^n where P=50000, r=4, n=8 quarters: A = 50000(1.01)^8 = ₹54,120.25
Q.46
Easy
A bank's loan portfolio shows: Retail advances ₹2,50,000 cr, Corporate advances ₹3,50,000 cr, Agriculture ₹1,50,000 cr. What is the retail advance percentage?
A
25%
B
35%
C
33.33%
D
31.25%
Correct Answer:
D. 31.25%
Explanation:
Retail = 2,50,000 ÷ (2,50,000 + 3,50,000 + 1,50,000) × 100 = 2,50,000 ÷ 8,00,000 × 100 = 31.25%
Q.47
Easy
Under Priority Sector Lending norms, what is the minimum percentage banks must lend to agriculture as of 2024?
Explanation:
RBI mandates 18% of net bank credit to agriculture sector as part of Priority Sector Lending guidelines for 2024.
Q.48
Easy
What is the maximum limit for coverage under the Deposit Insurance and Credit Guarantee Corporation (DICGC) as per 2024 regulations?
A
₹1,00,000 per depositor per bank
B
₹2,00,000 per depositor per bank
C
₹5,00,000 per depositor per bank
D
₹10,00,000 per depositor per bank
Correct Answer:
C. ₹5,00,000 per depositor per bank
Explanation:
DICGC provides deposit insurance coverage of ₹5,00,000 per depositor per bank (increased from ₹1,00,000 in 2020).
Q.49
Easy
A bank's Cost-to-Income ratio improved from 52% to 48%. What does this indicate about operational efficiency?
A
The bank became less efficient
B
Operating costs increased relative to income
C
The bank improved its operational efficiency and cost management
D
The bank's profit margins decreased
Correct Answer:
C. The bank improved its operational efficiency and cost management
Explanation:
Lower Cost-to-Income ratio (48% vs 52%) means lower operating costs relative to operating income, indicating better operational efficiency.
Q.50
Easy
What is the current reverse repo rate as per RBI's monetary policy stance for 2024-2025?
A
3.35%
B
4.35%
C
5.35%
D
6.35%
Explanation:
As per RBI's latest monetary policy (2024), the reverse repo rate is set at 4.35%, 100 basis points below the repo rate of 6.5%.
