Data Interpretation
Q.1
Easy
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%
Explanation:
As of December 2024, RBI has maintained the repo rate at 6.50% after the rate cut cycle.
Q.2
Easy
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.
Q.3
Easy
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%
Explanation:
India's GDP growth for FY 2024-25 is estimated around 6.2% as per latest IMF and official government projections.
Q.4
Easy
Which organization regulates Mutual Funds in India?
A
SEBI
B
RBI
C
IRDA
D
PFRDA
Explanation:
SEBI (Securities and Exchange Board of India) regulates Mutual Funds and the securities market.
Q.5
Easy
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
Q.6
Easy
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%
Explanation:
Basel III mandates a minimum CET1 ratio of 4.5% for all banks operating in India as per RBI guidelines
Q.7
Easy
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)?
Explanation:
RoE = RoA × Equity Multiplier; 18% = 1.5% × EM; EM = 18/1.5 = 12x
Q.8
Easy
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%
Explanation:
Growth = [(9,25,000 - 8,50,000) / 8,50,000] × 100 = [75,000 / 8,50,000] × 100 = 8.82%
Q.9
Easy
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
Q.10
Easy
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
