Practice Banking System in India Questions and Answers

• 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...
• An account that a correspondent bank holds on behalf of another bank is called:
• Which of the following activities, External Commercial Borrowings can not be used?
• Which of the following are parameters for evaluating whether the bank (Scheduled Commercial Bank) is to be brought under the ambit of Prompt corrective act...
• Which of the following is/are considered in the Risk Threshold 3, mandatory actions of the Prompt Corrective Action A.    Restriction on dividend distr...
• Which of the following areas are monitored in a PCA framework for evaluating whether the Non Banking Finance Companies (Deposit-taking and Non-deposit taki...
• Management is considered both as science and art, because?  
• The DMAIC improvement cycle is the core tool used to drive Six Sigma projects. What does the acronym DMAIC mean?
• The essence of effective communication is that? 
• Group of employees trained in problem solving methods that meet regularly to resolve work environment, productivity, and quality control concerns to develo...
• Which of the following statements are true regarding Pre-Packaged Resolution Process? 1.    By way of a further amendment to IBC viz., IBC (...
• Who is the current Chairman of Insolvency and Bankruptcy Board of India?
• What is the time period under which Pre-Packaged Resolution process should be completed from the date of initiation?
• What is the maximum default amount eligible under Pre-Packaged Resolution process?
• Which of the following statement(s) is are correct regarding Payments Infrastructure Development Fund (PIDF) ?    PIDF was operationalised ...
• Beneficiaries of which of the following scheme are covered under the PIDF scheme, irrespective of the region to which they belong?
• Shannon-Weaver’s original model of communication consist of _________ components.
• What is “C” in Berlo’s SMCR Model of communication?
• Linear model of communication involves: -
• Which one of the following is NOT one of the 7C’s of effective communication?
• Which one of the following is not a step introduced by John Kotter under “Kotter’s 8 Step Model of Change”?