Practice Banking System in India Questions and Answers

• When was the Security Printing and Minting Corporation of India Limited established?
• When was the first RRB set up?
• With which of the following is the 'Service Area Approach' associated with?
• When was the Oriental Bank of Commerce nationalized?
• Which of the following is NOT a use of ATM cards?
• What are the different modes of paying stamp duty in the e-Stamping system?
• What does CGRA expand to?
• In which year, CIBIL Limited (formerly Credit Information Bureau (India) Limited) was incorporated?
• In which year National Institute of Bank Management (NIBM) was established?
• What does BRBNMPL expand for?
• Which of the following section of the RBI Act empowers the Central Government to consult and give instructions to the Governor of the RBI to act on certain...
• How many times one can withdraw money free of charge in Basic Savings Bank Deposit Account (BSBDA)?
• How much cash payment can be made to the beneficiary in India under MTSS?
• Which account is opened by the investor while registering with an investment broker?
• MUDRA Bank, a Non-Banking Finance Company as MUDRA Ltd has been set up as a subsidiary of which of the following institution?
• The Banking Ombudsman Scheme is introduced under which of the following sections in Banking Regulation Act, 1949?
• Calculate the Asset coverage ratio of JKL Ltd based on given information?
• Which of the following ratio is given by the formula EBIT by Sales?
• Which of the following is not a part of the Forex Reserves?
• What is the percentage contribution of the Central government to NPS for central government employees?
• What is the maximum quantum of award/compensation that can be awarded by Ombudsman of PFRDA?
• EPS 1995 what is the age for pension
• The contributions of additional amount of Rs.50,000 towards NPS is allowed deduction under which section of the Income Tax Act? 
• Eligible participants/issuers for Commercial Paper shall obtain credit rating for issuance of CP from any one of the SEBI registered CRAs. The minimum cred...
• Which of the following statement(s) about NBFCs is incorrect?
• RBI introduced the Scale based regulatory framework for NBFCs. As per the framework, NBFCs – Middle Layer and NBFCs - Upper Layer with _____ and more ’...
• Systemically Important NBFCs are:
• In preparing performance appraisals, the sales manager ranked Aniket as the overall best salesperson because he had the highest level of sales, and Amit as...
• Which among the following is NOT a constituent of  Tier-II capital of banks according to BASEL Accord?
• The Reserve Bank of India, recently has proposed to hike UPI (Unified Payment Interface) transaction limit for investing in IPO to…………………....
• In India, NIFTY and SENSEX are calculated on the basis of
•   The limit to which a firm or company can withdraw from the sanctioned working capital limit is called:
• Which of the following is not a right statement for a Drawing Power?
• External benchmark rate means the reference rate which includes:
• Expand MCLR
• Which of the following is not true about Term Loans?
• Banks are required to use External Benchmark lending rate for which of the following types of the loans:
• For Domestic Scheduled Banks, what is the minimum target for Priority sector lending
• Bank credit to NBFCs (MFI) and other recognized MFIs by RBI, for on-lending will be allowed up to what limit of an individual bank’s total priority s...
• Scheduled Commercial Banks (other than RRBs, PBs and LABs) with past digital banking experience are permitted to open DBUs (Digital Banking Units) in whic...