What is the Base Rate set by RBI as of 2024?

The correct answer is D: RBI no longer uses Base Rate. RBI discontinued Base Rate framework in October 2019 and replaced it with repo rate-based monetary transmission

What is the tenure for which RBI Governor is appointed?

The correct answer is C: 4 years. The RBI Governor is appointed for a tenure of 4 years, after which reappointment is possible. The current Governor is Sanjay Malhotra (appointed December 2023).

Which banking regulation requires banks to maintain a minimum Statutory Liquidity Ratio (SLR)?

The correct answer is B: Banking Regulation Act, 1949. Section 24 of the Banking Regulation Act, 1949 mandates the maintenance of SLR, which is currently set at 18% of NDTL as per RBI guidelines.

A customer's bank account becomes inoperative if no transaction occurs for how long?

The correct answer is B: 12 months. As per RBI guidelines, a savings or current account becomes 'inoperative' if there is no transaction for 12 consecutive months.

Central Govt Exam Preparation — SSC, UPSC, Bank, Railway

Central Exam — Bank PO / Clerk / RBI — Data Interpretation

UPSC · SSC · Bank · Railway · NDA — Central Government Exam MCQ Practice

27 Questions 5 Topics Take Test

Showing 1–10 of 27 questions in Data Interpretation

Q.1 Easy Data Interpretation

As per RBI's monetary policy 2024, what is the current repo rate?

A 6.50%

B 6.00%

C 5.50%

D 7.00%

Correct Answer: A. 6.50%

Explanation:

As of December 2024, RBI has maintained the repo rate at 6.50% after the rate cut cycle.

Take Test

Q.2 Easy Data Interpretation

Which of the following is NOT a tool of monetary policy used by RBI?

A Open Market Operations

B Reserve Requirement Ratio

C Direct Tax Collection

D Repo Rate Adjustment

Correct Answer: C. Direct Tax Collection

Explanation:

Direct Tax Collection is a fiscal policy tool, not a monetary policy tool. RBI uses OMO, RRR, and repo rate adjustments.

Take Test

Q.3 Easy Data Interpretation

As per the latest data, India's GDP growth rate for FY 2024-25 is estimated at approximately:

A 5.4%

B 6.2%

C 7.2%

D 8.0%

Correct Answer: B. 6.2%

Explanation:

India's GDP growth for FY 2024-25 is estimated around 6.2% as per latest IMF and official government projections.

Take Test

Q.4 Easy Data Interpretation

Which organization regulates Mutual Funds in India?

A SEBI

B RBI

C IRDA

D PFRDA

Correct Answer: A. SEBI

Explanation:

SEBI (Securities and Exchange Board of India) regulates Mutual Funds and the securities market.

Take Test

Q.5 Easy Data Interpretation

A bank's Gross Non-Performing Assets (GNPA) ratio increased from 2.1% in FY2023 to 2.8% in FY2024. If the total advances are ₹5,00,000 crore, what is the absolute increase in GNPA amount?

A ₹3,500 crore

B ₹14,000 crore

C ₹10,500 crore

D ₹35,000 crore

Correct Answer: A. ₹3,500 crore

Explanation:

GNPA increase = (2.8% - 2.1%) × ₹5,00,000 crore = 0.7% × ₹5,00,000 crore = ₹3,500 crore

Take Test

Q.6 Easy Data Interpretation

Under Basel III norms applicable to Indian banks, what is the minimum Common Equity Tier 1 (CET1) capital ratio requirement?

A 4.5%

B 5.5%

C 6.5%

D 7.5%

Correct Answer: A. 4.5%

Explanation:

Basel III mandates a minimum CET1 ratio of 4.5% for all banks operating in India as per RBI guidelines

Take Test

Q.7 Easy Data Interpretation

A bank's Return on Equity (RoE) is 18% and its Return on Assets (RoA) is 1.5%. What is the approximate Equity Multiplier (Asset to Equity ratio)?

A 10x

B 12x

C 14x

D 16x

Correct Answer: B. 12x

Explanation:

RoE = RoA × Equity Multiplier; 18% = 1.5% × EM; EM = 18/1.5 = 12x

Take Test

Q.8 Easy Data Interpretation

Study the data: A private bank's customer deposits grew from ₹8,50,000 crore (Q1 FY2024) to ₹9,25,000 crore (Q4 FY2024). What is the percentage growth in deposits?

A 8.82%

B 9.12%

C 10.25%

D 11.45%

Correct Answer: A. 8.82%

Explanation:

Growth = [(9,25,000 - 8,50,000) / 8,50,000] × 100 = [75,000 / 8,50,000] × 100 = 8.82%

Take Test

Q.9 Easy Data Interpretation

If a bank's Statutory Liquidity Ratio (SLR) requirement is 18% and total deposits are ₹6,00,000 crore, what is the minimum amount it must invest in specified securities?

A ₹1,02,000 crore

B ₹1,08,000 crore

C ₹1,10,000 crore

D ₹1,15,000 crore

Correct Answer: B. ₹1,08,000 crore

Explanation:

SLR requirement = 18% × ₹6,00,000 crore = ₹1,08,000 crore

Take Test

Q.10 Easy Data Interpretation

A bank maintains a Cash Reserve Ratio (CRR) of 4.5% as per RBI mandate. If its total liabilities are ₹10,00,000 crore, calculate the minimum cash reserve required.

A ₹42,500 crore

B ₹45,000 crore

C ₹47,500 crore

D ₹50,000 crore

Correct Answer: B. ₹45,000 crore

Explanation:

CRR requirement = 4.5% × ₹10,00,000 crore = ₹45,000 crore

Take Test

1 2 3

All Subjects & Topics