Practice Financial System Questions and Answers

• Consider the following statements. 1)      The IFSCA Act empowers the IFSCA to make regulations for the development of financial services in IFSCs. ...
• The Reserve Bank of India - Digital Payments Index (RBI-DPI) comprises five broad parameters. Which of the following is NOT one of these parameters?
• What is the tenor of the Sovereign Gold Bond (SGB) bond, and when is early encashment/redemption allowed?
• What is the increased limit for e-mandates per transaction for subscription to mutual funds, payment of insurance premiums, and credit card bill payments?
• The Reserve Bank of India (RBI) recently revised the timeline for the completion of various stages of a Regulatory Sandbox (RS) to:
• What is the nominal value of the Sovereign Gold Bond Scheme 2023-24 - Series IV per gram of gold?
• Which bank received a $500million loan from the International Finance Corporation (IFC) for microloans to underserved women?
• What growth rate did the IMF project for India for 2024-25?
• Which bank recorded the highest growth rate in total business among PSBs in FY24?
• How much did HDFC Bank sell its stake in Protean eGov Technologies for?
• How much did the Reserve Bank of India approve to transfer as a dividend to the Government of India for FY24?
• The Reserve Bank of India (RBI) signed an agreement with Indonesia’s central bank to promote cross-border local currency transactions. This agreement is ...
• PFRDA Chairperson Deepak Mohanty launched a web application developed by which company to provide easy access to NPS for subscribers?
• Which private general insurer launched "Insurance Samjho," a Gen AI powered bot designed to simplify insurance complexities for customers?
• What was the Contingent Risk Buffer (CRB) percentage for FY24 as decided by the RBI Board?
• According to the Master Circular on KYC norms issued in January 2024, what is the minimum denomination for the issuance of Non-Convertible Debentures (NCDs...
• Which of the following RBI directions provides the legal authority for the issuance of the Master Direction on KYC?
• As per the RBI’s revised instructions on Commercial Papers (CPs), what is the maximum tenor allowed for a CP?
• Under the revised framework for Commercial Papers (CPs), what is the requirement for settlement of primary issuance of CPs in terms of time?
• The Rajasthan State government announced an increase in the annual honorarium paid to farmers under the Kisan Samman Nidhi. By how much has the honorarium ...
• In the Lead Bank Scheme circular, which committee’s recommendations were instrumental in the introduction of the Lead Bank Scheme?
• What is the annual premium for Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
• Which initiative aims to enable instant cross-border retail payments by interlinking domestic fast payments systems of ASEAN countries and India?
• What is the minimum corpus required for each scheme of a Special Situation Fund (SSF)?
• Which bank launched RuPay credit cards with UPI and NCMC functionalities?
• What was India's fiscal deficit as a percentage of the FY25 target for the first quarter of FY25?
• What percentage of UPI transaction volume growth was reported year-on-year in July 2024?
• What was the value of RBI's Financial Inclusion Index (FI-Index) in March 2024?
• Which company received RBI approval to become a Core Investment Company (CIC)?
• As per the RBI report, what is India's share in the global real-time payments volume? 
• When was NABARD established?
• What is the Capital to Risk Weighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the Financial Stability Rep...
• Who took over the rotating presidency of the Council of the European Union for six months?
• What is the initial corpus of the Agri-SURE fund unveiled by NABARD to promote innovation in agriculture and rural development?
• According to a report by the PHD Chamber of Commerce and Industry (PHDCCI) on 'Viksit Bharat @2047', what is the projected size of the Indian economy by 20...
• What are the five strategic priorities outlined by RBI Governor Shaktikanta Das for India's financial future?
• HDFC Bank launched GIGA, a financial product designed for which group of individuals?
• POP launched India's first multi-brand co-branded credit card in collaboration with which two entities?
• According to the RBI’s guidelines on the Sovereign Gold Bond (SGB) Scheme, what discount is provided to investors who apply online and make payments thro...
• What is the key purpose of the Tariff Rate Quota (TRQ) mechanism as outlined in the RBI circular on the import of gold by TRQ holders?