Showing 71–80 of 141 questions
Q.71
Easy
General Awareness
Which government scheme aims to provide social security coverage to unorganized workers?
A
Pradhan Mantri Jeevan Jyoti Bima Yojana
B
Pradhan Mantri Suraksha Bima Yojana
C
Pradhan Mantri Rashtriya Swasthya Suraksha Mission
D
Atal Pension Yojana
Correct Answer:
A. Pradhan Mantri Jeevan Jyoti Bima Yojana
Explanation:
PMJJBY provides life insurance coverage to unorganized workers at minimal premium, protecting their families.
Q.72
Easy
General Awareness
Which banking service allows customers to access their bank account through mobile devices using Internet banking?
A
NFC Banking
B
Mobile Banking
C
ATM Services
D
Payment Gateway
Correct Answer:
B. Mobile Banking
Explanation:
Mobile banking enables customers to perform banking transactions through smartphones via internet or mobile apps.
Q.73
Easy
General Awareness
What does NEFT stand for in the context of banking?
A
National Electronic Fund Transfer
B
National Express Financial Transaction
C
Net Electronic Fund Transaction
D
National Efficient Financial Transfer
Correct Answer:
A. National Electronic Fund Transfer
Explanation:
NEFT is a system for transferring funds electronically between banks, processing transactions in batches at predetermined intervals.
Q.74
Easy
General Awareness
What is the tenure period for the current Governor of the Reserve Bank of India as of 2024-2025?
A
3 years
B
5 years
C
6 years
D
7 years
Correct Answer:
C. 6 years
Explanation:
The RBI Governor's tenure is typically 6 years or until the age of 65 years, whichever is earlier.
Q.75
Easy
General Awareness
Which banking regulation framework replaced the Basel II framework?
A
Basel I
B
Basel III
C
Basel IV
D
Basel Standard
Correct Answer:
B. Basel III
Explanation:
Basel III replaced Basel II framework with stricter capital requirements and liquidity standards implemented post-2008 financial crisis.
Q.76
Easy
General Awareness
What does NEFT stand for?
A
National Electronic Fund Transfer
B
National Electronic Financial Transaction
C
National External Fund Transfer
D
National Electronic Funds Transaction
Correct Answer:
A. National Electronic Fund Transfer
Explanation:
NEFT stands for National Electronic Fund Transfer, a system for electronic transfer of funds between banks in India.
Q.77
Easy
General Awareness
What is the tenure of the current Governor of RBI (as of 2024)?
A
3 years
B
5 years
C
6 years
D
7 years
Correct Answer:
C. 6 years
Explanation:
The RBI Governor's tenure is 6 years or until age 65, whichever is earlier.
Q.78
Easy
General Awareness
What is the minimum amount required to open a Sukanya Samriddhi Account?
A
₹250
B
₹500
C
₹1,000
D
₹1,500
Correct Answer:
C. ₹1,000
Explanation:
The minimum opening balance for Sukanya Samriddhi Account is ₹1,000 as per 2024 guidelines.
Q.79
Easy
General Awareness
What is the current Repo Rate as per RBI's monetary policy (as of 2024)?
A
6.50%
B
6.25%
C
5.75%
D
7.00%
Explanation:
As of 2024, RBI has maintained the Repo Rate at 6.50% in its monetary policy stance. The Repo Rate is the rate at which RBI lends to commercial banks.
Q.80
Easy
General Awareness
Which bank has the highest number of branches as of 2024?
A
State Bank of India
B
ICICI Bank
C
HDFC Bank
D
Bank of Baroda
Correct Answer:
A. State Bank of India
Explanation:
State Bank of India (SBI) has the largest branch network among all banks in India, with over 20,000 branches across the country.
