Bank exams reward accuracy under time pressure more than depth, and prelims is often decided by a few marks in a twenty minute section. Questions here follow the IBPS PO, IBPS Clerk, SBI PO, SBI Clerk and RBI Grade B pattern across quantitative aptitude, reasoning ability, English language, general and banking awareness, and computer aptitude. Data interpretation sets are included in full rather than as single questions, since that is how they appear in the paper.
RBI's Monetary Policy Committee (MPC) reviews rates how many times a year as per 2024 guidelines?
Answer: B
As per RBI's framework, the MPC conducts 6 monetary policy reviews annually (bimonthly).
Q.122Easy
A bank's Net Interest Margin (NIM) increased from 2.8% to 3.1% in FY2024. What is the percentage point increase?
Answer: A
The difference is 3.1% - 2.8% = 0.3 percentage points. This is different from percentage change.
Q.123Medium
Under RBI's Priority Sector Lending (PSL) norms, what is the minimum percentage of advances that scheduled commercial banks must lend to priority sector?
Answer: C
RBI mandates 40% of net bank credit to be allocated to Priority Sector Lending for scheduled commercial banks.
Q.124Easy
A bank has Total Assets of ₹5,00,000 crore and Total Liabilities of ₹4,70,000 crore. What is the bank's Equity?
If a bank's Return on Assets (ROA) is 1.2% and Total Assets are ₹8 lakh crore, what is the bank's Net Profit?
Answer: C
Net Profit = ROA × Total Assets = 1.2% × ₹8,00,000 crore = ₹9,600 crore.
Q.126Medium
RBI's Liquidity Coverage Ratio (LCR) requirement for banks is minimum how much as of 2024?
Answer: C
As per Basel III implementation in India, RBI requires banks to maintain a minimum LCR of 100%.
Q.127Medium
A bank's Cost-to-Income Ratio is 45%. This indicates:
Answer: B
Cost-to-Income Ratio = Operating Expenses/Operating Income. 45% means ₹45 spent to generate ₹100 in income, which is relatively good.
Q.128Medium
Which banking regulation in India is NOT implemented under Basel III framework?
Answer: C
SLR is an RBI-specific regulation predating Basel III. Basel III includes CAR, LCR, and NSFR.
Q.129Hard
A bank grants a ₹50 lakh personal loan at 9.5% p.a. for 7 years. If the borrower makes a part-payment of ₹10 lakhs after 2 years, how much principal remains? (Assume no prepayment penalty)
Answer: B
After 2 years of EMI payments, the principal balance is reduced. A ₹10 lakh part-payment further reduces this, resulting in less than ₹40 lakh remaining.
Q.130Easy
RBI's repo rate as per the latest 2024 monetary policy stance is approximately:
Answer: C
As of late 2024, RBI's repo rate is in the range of 6.25%-6.5% under the current monetary tightening cycle.
Q.131Medium
A bank's deposits grew from ₹3,00,000 crore to ₹3,54,000 crore in one year. What is the YoY growth rate?
A bank's Net NPA ratio decreased from 2.5% to 1.8% year-on-year. What does this indicate?
Answer: A
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.139Medium
Under Basel III norms, what is the minimum Common Equity Tier 1 (CET1) capital ratio for banks in India as per RBI guidelines 2024?
Answer: B
RBI mandates a minimum CET1 capital ratio of 6.5% for Indian banks under Basel III framework to ensure financial stability.
Q.140Easy
A savings account holder deposited ₹50,000 at 4% p.a. compounded quarterly. What will be the amount after 2 years?
Answer: A
Using A = P(1 + r/400)^n where P=50000, r=4, n=8 quarters: A = 50000(1.01)^8 = ₹54,120.25
