Rapid revision
Test one fact at a time:open a card, recall the direct answer, then practise it in MCQ format.
Which organization introduced the Lead Bank Scheme in December 1969?
What is the standard timeframe within which the quarterly Block Level Bankers’ Committee (BLBC) meetings must be conducted?
What is the required deadline for circulating the official minutes after a Block Level Bankers’ Committee (BLBC) meeting concludes?
What is the mandated timeframe for the Lead District Manager (LDM) to convene quarterly District Consultative Committee (DCC) meetings following the end of a quarter?
What is the minimum frequency required for the public meetings arranged by the Lead District Manager (LDM) for creating awareness and obtaining feedback?
What is the standard timeframe within which the quarterly State Level Bankers’ Committee (SLBC) meetings must be conducted?
What is the mandated deadline month for finalizing the district's Potential Linked Credit Plan (PLP) every year?
What target Credit Deposit Ratio does the Reserve Bank of India require banks to achieve for their rural and semi-urban branches on an all-India basis?
What is the defined maturity period for an unsecured borrowing instrument classified as Notice Money?
What are the official daily market operating hours for completing transactions in the Call, Notice, and Term Money Markets?
What is the projected gross non-performing asset ratio range for scheduled commercial banks (SCBs) by March 2028 under severe macroeconomic stress scenarios?
What is the projected aggregate capital adequacy ratio for scheduled commercial banks (SCBs) by March 2028 under the baseline macroeconomic scenario?
Which regulatory capital requirement are scheduled commercial banks (SCBs) projected to meet across all stress-test scenarios according to the June 2026 Financial Stability Report?
What is the projected gross non-performing asset ratio for the Non-Banking Financial Company (NBFC) sector by March 2027 under the baseline scenario?
How many individual Non-Banking Financial Companies (NBFCs) are projected to fall below the statutory regulatory capital norms under a severe credit stress test scenario?
What percentage of all operating businesses globally is made up of Micro, Small and Medium Enterprises (MSMEs)?
What percentage share does the Micro, Small and Medium Enterprises (MSME) sector contribute to the national GDP of India?
How many individuals are officially employed by the Micro, Small and Medium Enterprises (MSME) sector in India?
What is the settlement cycle for all government securities transactions?
What is the short position limit for liquid government securities?
Direct Answer
2 percent of the outstanding stock or 500 crore rupees, whichever is higher
What is the short position limit for non-liquid eligible government securities?
Direct Answer
1 percent of the total bonds or 250 crore rupees, whichever is higher
What is the maximum bidding limit for scheduled commercial banks and standalone primary dealers during government securities auctions?
How many major global foreign currencies are commonly accepted for maintaining a Foreign Currency Non-Resident (Bank) (FCNR(B)) deposit account?
What is the minimum tenure allowable for opening a Foreign Currency Non-Resident (Bank) (FCNR(B)) fixed deposit?
What is the maximum maturity term permitted for a Foreign Currency Non-Resident (Bank) (FCNR(B)) fixed deposit within the Indian banking system?
When will the new regulatory framework governing the locking of financed mobile phones take effect?
How many days of default must a lender wait before initiating a device lock on a financed mobile phone?
How long is the mandatory final notice period that a lender must provide immediately before locking a financed device?
What is the hourly financial penalty that a bank must pay for failing to unlock a device within the mandated timeframe?
Which London-based organization conferred the prestigious 'Initiative of the Year Award' upon the Reserve Bank of India in March 2026?
Which organization serves as the exclusive registrar for the '.bank.in' domain, working in collaboration with the Reserve Bank of India?
Direct Answer
Institute for Development and Research in Banking Technology (IDRBT)
What is the revised Tax Collected at Source (TCS) rate applicable to the purchase of an Overseas Tour Program effective from April 1, 2026, under the Union Budget 2026 provisions?
What is the revised Tax Collected at Source (TCS) rate for foreign education remittances as implemented under Budget 2026?
What is the maximum permissible limit for total foreign outward remittances per individual, per financial year, under the RBI's Liberalised Remittance Scheme (LRS)?
How did the RBI's February 2026 ECB framework alter the regulatory stance on foreign currency exposure hedging for Indian borrowers?
Direct Answer
It removed detailed mandatory hedging requirements, allowing borrowers to assess hedging purely from a commercial perspective