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Bank PO / Clerk / RBI
General Awareness

PO, Clerk, RRB — Quantitative, Reasoning, GK

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Topics in Bank PO / Clerk / RBI
Which RBI initiative promotes cross-border payment transactions through blockchain technology?
A Project Innov8
B Project Sanchit
C e-Rupee Project
D CBDC framework
Correct Answer:  C. e-Rupee Project
EXPLANATION

RBI's e-Rupee (Digital Rupee) project explores Central Bank Digital Currency (CBDC) for domestic and cross-border transactions.

Test
What is the significance of ISIN in securities market operations?
A It identifies individual securities globally
B It determines stock market index values
C It regulates currency exchange rates
D It measures banking sector profitability
Correct Answer:  A. It identifies individual securities globally
EXPLANATION

ISIN (International Securities Identification Number) uniquely identifies individual securities across global markets.

Test
Under which regulation must banks maintain a minimum Tier 1 capital ratio?
A Banking Regulation Act 1949
B Basel III Framework
C Reserve Bank of India Act 1934
D Foreign Exchange Management Act 1999
Correct Answer:  B. Basel III Framework
EXPLANATION

Basel III framework mandates minimum Tier 1 capital ratio of 8.5% for banks' regulatory compliance.

Test
Which RBI initiative aims to provide a framework for facilitating cross-border payments in rupees?
A International Monetary Fund
B Rupee Trade Corridor
C Global Financial System
D Internationalization of the Rupee
Correct Answer:  D. Internationalization of the Rupee
EXPLANATION

RBI has been promoting the internationalization of the rupee to facilitate cross-border payments and reduce dependence on foreign currencies.

Test
Which of the following best describes 'Basel III' in banking?
A A payment system used by Indian banks
B An international regulatory framework for bank capital adequacy and risk management
C A loan classification system for non-performing assets
D A digital banking security protocol
Correct Answer:  B. An international regulatory framework for bank capital adequacy and risk management
EXPLANATION

Basel III is an international regulatory framework developed by the Basel Committee on Banking Supervision for bank capital and risk management.

Test
In terms of banking operations, what does 'Clean Demand Draft' mean?
A A demand draft issued without any encumbrances
B A demand draft not backed by merchandise or documents
C A demand draft issued in clean currency notes
D A demand draft with no crossing marks
Correct Answer:  B. A demand draft not backed by merchandise or documents
EXPLANATION

A clean demand draft is one that is not drawn against any trade documents or merchandise, issued purely as credit.

Test
Which regulatory framework governs cross-border rupee transactions in India?
A LIBOR Framework
B Liberalized Remittance Scheme (LRS)
C Foreign Exchange Management Act (FEMA) and RBI guidelines
D International Monetary Fund (IMF) protocols
Correct Answer:  C. Foreign Exchange Management Act (FEMA) and RBI guidelines
EXPLANATION

Cross-border rupee transactions are regulated under FEMA and specific RBI guidelines for internationalization of rupee.

Test
Which of the following banks is NOT part of the RBI's core supervisory framework as a Systemically Important Bank (SIB)?
A ICICI Bank
B HDFC Bank
C Regional Rural Bank
D Axis Bank
Correct Answer:  C. Regional Rural Bank
EXPLANATION

Regional Rural Banks are not classified as SIBs; only major private and public banks meeting size criteria are designated as SIBs.

Test
Which RBI scheme allows banks to lend against government securities as collateral?
A Liquidity Coverage Ratio (LCR)
B Marginal Standing Facility (MSF)
C Securities borrowing and lending scheme
D Open Market Operations (OMO)
Correct Answer:  C. Securities borrowing and lending scheme
EXPLANATION

Securities borrowing and lending allows banks to manage their security portfolios by borrowing/lending government securities.

Test
Under Basel III norms, what is the additional capital buffer (Countercyclical Buffer) requirement during periods of excessive credit growth?
A 0.625% to 2.5%
B 1% to 3%
C 0.5% to 1.5%
D 2% to 4%
Correct Answer:  A. 0.625% to 2.5%
EXPLANATION

Basel III prescribes a Countercyclical Buffer ranging from 0.625% to 2.5% of risk-weighted assets during credit booms.

Test
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