The Banking Updates Mock Test 8261802533 Compilation
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Questions and Answers

What is the enhanced per transaction limit of offline transactions through UPI Lite set by RBI?

  • Rs.200/-
  • Rs.500/- (correct)
  • Rs.2000/-
  • Rs.1000/-
  • What is the incremental CRR (ICRR) percentage instructed by RBI for banks based on the increase in NDTL between May 19, 2023, and July 28, 2023?

  • 4.5 percent
  • 5 percent
  • 10 percent (correct)
  • 15 percent
  • What is the name of the centralized web portal launched by RBI for the public to search their unclaimed deposits?

  • DRISTI (correct)
  • UTKARSH
  • UTTHAN
  • UDGAM
  • As per RBI directives, what loan system should Urban Co-Operative Banks follow for borrowers enjoying working capital credit limits of ₹10 crore and above from the banking system?

    <p>₹5 crore and above</p> Signup and view all the answers

    Which bank topped the list of public sector banks with the highest lending to corporations and PSUs of States and Union Territories for the fifth year in a row?

    <p>PNB</p> Signup and view all the answers

    What is the threshold limit for waiver of legal action while invoking the guarantee based on the aggregate outstanding amount considered eligible for claim settlement by CGTMSE?

    <p>$10,00,000/- per borrower</p> Signup and view all the answers

    Under the offer of single instalment of claim settlement by CGTMSE in case of accounts where waiver of legal action is applicable, the extent of guarantee is reduced by _________%?

    <p>20 percent</p> Signup and view all the answers

    As per recent RBI guidelines, in respect of borrowers subject to compromise settlements, there shall be a cooling period as determined by the respective Board approved policies before the REs can assume fresh exposures to such borrowers. Provided that: The cooling period in respect of exposures other than farm credit exposures shall be subject to a floor of _____ months.

    <p>6 months</p> Signup and view all the answers

    In case of Default Loss Guarantee (DLG) pertaining to digital lending, RE shall ensure that total amount of DLG cover on any outstanding portfolio which is specified upfront shall not exceed ____per cent of the amount of that loan portfolio?

    <p>35%</p> Signup and view all the answers

    The financial instrument which is traded on an Indian stock exchange but represents part of the equity share of a foreign listed company is called?

    <p>GDR</p> Signup and view all the answers

    If YTM increases, which of the following happens to the present value of cash flows?

    <p>Goes down</p> Signup and view all the answers

    In ASBA, where is the amount blocked?

    <p>Both A&amp;B</p> Signup and view all the answers

    Bonus shares are issued by a company out of?

    <p>Reserves and surplus of earlier years</p> Signup and view all the answers

    The first two characters in ISIN code for a security represents _____?

    <p>Country Code</p> Signup and view all the answers

    The government has amended Aadhaar regulations, specifying that supporting documents on Proof of Identity (POI) and Proof of Address (POA) need to be updated 'at least once' by Aadhaar holders on completion of ________years from enrolment date?

    <p>5 years</p> Signup and view all the answers

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