Banking & Monetary Policy MCQs for CET Graduate

Practice 20 free Banking & Monetary Policy questions under Indian EconomyEconomy.

Strengthen your Banking & Monetary Policy knowledge for CET Graduate with curated MCQs. Switch between Hindi and English anytime.

CET Graduate — Indian Economy — Banking & Monetary Policy

20 Questions • Instant results & explanations • Hindi & English

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Question 1 of 20

What is the primary difference between a 'Universal Bank' and a 'Specialised Bank' in the Indian banking structure?

Question 2 of 20

What is the mandatory Priority Sector Lending (PSL) target for Scheduled Commercial Banks in India as a percentage of their loanable funds?

Question 3 of 20

Consider the following statements regarding the 2019 Bank Merger: 1. Dena Bank was merged into Bank of Baroda. 2. Vijaya Bank was merged into Bank of Baroda. Which of the statements given above is/are correct?

Question 4 of 20

Which committee's recommendation led to the establishment of Payment Banks?

Question 5 of 20

Under the 'Indradhanush' scheme, 'A' stands for:

Question 6 of 20

Consider the following statements about the 'RuPay Card': 1. It is India's indigenous card payment network launched in 2012. 2. It was introduced to reduce the dominance of international card networks like Visa and MasterCard. Which of the above statements is/are correct?

Question 7 of 20

Why is the Standing Deposit Facility (SDF) considered different from Reverse Repo Rate?

Question 8 of 20

Which of the following notes were withdrawn from circulation during the 2016 demonetization?

Question 9 of 20

Assertion (A): The Call Rate is highly volatile. Reason (R): It depends on the day-to-day surplus or deficit of funds in the banks.

Question 10 of 20

Which rate acts as the 'Penal Rate' for banks failing to meet reserve requirements?

Question 11 of 20

Which of the following is an example of a Payment Bank currently operating in India?

Question 12 of 20

Which of the following is correct regarding the establishment year of the Bhartiya Mahila Bank?

Question 13 of 20

Which of the following is a benefit of bank mergers?

Question 14 of 20

Under the 'Direct Action' measure, what can the RBI do if a bank persistently ignores its guidelines?

Question 15 of 20

When was the Bhartiya Mahila Bank established?

Question 16 of 20

Which act empowers the Debt Recovery Tribunals (DRT)?

Question 17 of 20

In a Regional Rural Bank (RRB), what is the shareholding percentage of the Central Government?

Question 18 of 20

Which of the following is correct about the hierarchy of the Cooperative Credit Structure (Short Term) in a State?

Question 19 of 20

The inflation target range of 4% ± 2% recommended by the Urjit Patel Committee implies an inflation band of:

Question 20 of 20

Match List-I with List-II regarding the history of banking in India: List-I (Bank) A. Bank of Hindustan B. Oudh Commercial Bank C. Punjab National Bank D. Imperial Bank of India List-II (Significance/Year) i. First bank managed by Indians (1881) ii. Formed by merging Presidency Banks (1921) iii. First Bank of India (1770) iv. First Swadeshi bank managed by Indians (1894)

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