Banking MCQ for RBI Grade B (Finance)

Dear aspirants,
We are presenting you the Banking MCQ for RBI Grade B Finance Section of the exam. These questions will cover the topics such as Bank recapitalisation, NPA, Differentiated banks etc which are very important from exam point of view. Also do read the answers provided at the end of quiz.

Q1. What is the agenda of reforms unveiled by government as bank recapitalisation plan for Public Sector Banks (PSBs)?

1. Responsive and Resilient PSBs
2. Responsive and Responsible PSBs
3. Resilient and Responsive PSBs
4. Responsible and Responsive PSBs

Q2. Under the recapitalization plan for Public Sector Banks (PSBs), how much amount is to be infused through Recap Bonds?

1. Rs 8139 crore
2. Rs 10,312 crore
3. Rs 50,000 crore
4. Rs 80,000 crore

Q3. The recapitalization plan for Public Sector Banks (PSBs) revolves around how many themes?

1. 4
2. 5
3. 6
4. 7

Q4. How many elements were there in Indradhanush plan for banking reforms?

1. Seven
2. Six
3. Five
4. Four

Q5. For short term duration crop loans, after how many cropping seasons does loan becomes NPA if principal or interest remains overdue?

1. One
2. Two
3. Three
4. Four

Q6. Which among the following schemes has been withdrawn by RBI from March 2018?

1. SDR
2. S4A
3. CDR
4. All of the above

Q7. According to Branch Authorisation Policy of RBI, how many %age of branches have to be opened by bank in unbanked rural centres?

1. 15%
2. 20%
3. 25%
4. 30%

Q8. What is the minimum paid up capital required to start Payment Bank or Small Finance Bank?

1. Rs 50 crore
2. Rs 75 crore
3. Rs 100 crore
4. Rs 125 crore

Q9. Which committee first time proposed the concept of Differentiated Banks?

1. Nachiket Mor Committee
2. Narasimham Committee
3. Kelkar Committee
4. Arvind Mayaram Panel

Q10. Which among the following is not among the differentiated banks?

1. Payment Banks
2. Small Finance Banks
3. wholesale and long-term finance (WLTF) banks
4. Scheduled Commercial Banks

Answers

1. 2
2. 4
3. 3
   The reform plan consists of above mentioned six themes containing 30 action points
4. 1
   The Indradhanush scheme for banking reforms includes seven elements viz. Appointment, Bank Board Bureau, Capitalisation, De-stressing PSBs, Empowerment, Framework of Accountability and Governance Reforms
5. 2
6. 4
   RBI has withdrawn S4A, SDR, JLF, 5/25 and CDR
7. 3
8. 3
9. 1
10. 4
    Some of the differentiated banks are Payment Banks, Small Finance Banks, Regional Rural Banks, Local Area Banks wholesale and long-term finance (WLTF) banks

You may also like to read following MCQs for RBI Grade B exam: 

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• Disinvestment MCQ and FDI, FTP quiz
• Union Budget 2018-19 MCQ

Click to go to RBI Grade B Preparation Page  | Click to read more such quizzes

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