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What is the term for reducing the official value of a currency in relation to foreign currencies under a fixed exchange rate? (Exam Spec Q111)
Anonymous Quiz
28%
Devaluation
40%
Depreciation
24%
Demonetization
9%
Deflation
How many characters are there in a SWIFT / BIC Code used for international money transfers? (Q112)
Anonymous Quiz
73%
8 or 11 characters
17%
10 characters
7%
12 characters
3%
16 characters
Which of the following statement/metric holds true regarding 'IFSC Code' in banking regulations (Set 113)?
Anonymous Quiz
76%
Option A: Standard regulation under IFSC guidelines.
16%
Option B: Applicable only to foreign commercial branches.
6%
Option C: Governed directly by Ministry of Commerce.
1%
Option D: Excluded from statutory liquidity ratios.
What is the annual premium amount for PMSBY (Pradhan Mantri Suraksha Bima Yojana) per subscriber? (Exam Spec Q114)
Anonymous Quiz
34%
Rs 12
36%
Rs 20
26%
Rs 436
4%
Rs 330
What is the maximum overdraft facility available under Pradhan Mantri Jan Dhan Yojana (PMJDY)? (Q115)
Anonymous Quiz
60%
Rs 10,000
26%
Rs 5,000
4%
Rs 2,000
10%
Rs 15,000
Which of the following statement/metric holds true regarding 'Foreign Exchange' in banking regulations (Set 116)?
Anonymous Quiz
73%
Option A: Standard regulation under FEMA guidelines.
24%
Option B: Applicable only to foreign commercial branches.
0%
Option C: Governed directly by Ministry of Commerce.
3%
Option D: Excluded from statutory liquidity ratios.
What is the sub-target for Agriculture sector within PSL for Domestic Commercial Banks? (Exam Spec Q117)
Anonymous Quiz
44%
18% of ANBC
22%
10% of ANBC
29%
7.5% of ANBC
4%
12% of ANBC
What is the maximum compensation Ombudsman can award for mental agony and harassment? (Q118)
Anonymous Quiz
44%
Rs 1 Lakh
35%
Rs 2 Lakhs
15%
Rs 5 Lakhs
6%
Rs 50,000
Which of the following statement/metric holds true regarding 'CIBIL' in banking regulations (Set 119)?
Anonymous Quiz
78%
Option A: Standard regulation under CREDIT guidelines.
12%
Option B: Applicable only to foreign commercial branches.
6%
Option C: Governed directly by Ministry of Commerce.
3%
Option D: Excluded from statutory liquidity ratios.
What is the present target inflation band set for the Monetary Policy Committee in India? (Exam Spec Q120)
Anonymous Quiz
67%
4% (+/- 2%)
21%
3% (+/- 1%)
10%
5% (+/- 2%)
3%
2% (+/- 1%)
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