Q1. The parameters that invite Prompt Corrective Action from the central bank are-
(a) Capital to Risk weighted Asset Ratio
(b) Net Non-Performing Assets (NPA)
(c) Return on Assets (RoA)
(d) Leverage ratio
(e) All of the Above
Q2. The PCA framework is applicable only to ______________.
(a) Non-Banking Financial Companies
(b) Financial Management Institutions
(c) Commercial banks
(d) Co-operative Banks
(e) None of the given options is true
Q3. In recent PCA framework, how many Risk Threshold categories are there?
Q4. The Banks with a net Non-Performing Asset (NPA) ratio of 6-9 percent will fall under risk category _____________.
Q5. Once PCA is triggered by the regulator, the bank faces restrictions on spending money on ________________.
(a) opening branches
(b) recruiting staff
(c) giving increments to employees
(d) Only (a) and (b)
(e) Only (a) (b), and (c)
Q6. Which among the following PSBs is not under PCA?
(a) UCO Bank
(b) Oriental Bank of Commerce
(c) Syndicate Bank
(d) Dena Bank
(e) Indian Overseas Bank
Q7. Which among the following were the two banks on which initially restrictions were imposed.
(a) SBI and BOB
(b) Indian Overseas Bank and PNB
(c) Dena Bank and UCO Bank
(d) IDBI Bank and UCO Bank
(e) Vijaya Bank and Bank of India
Q8. This year has been a season of putting banks under PCA category. What is the meaning of “P” in PCA?
Q9. Till date there are how many banks on which PCA has been triggered?
Q10. The Banks with a net NPA ratio above 12 percent fall into the category ___________.
Q11. Which among the following Bank has introduced a loyalty program for its valued customers?
(a) Bank of Baroda
(b) HDFC Bank
(c) Indian Bank
(d) Punjab National Bank
(e) State Bank of India
Q12. Jammu and Kashmir Bank has launched a special financial scheme for journalists of the state, the scheme “J&K Bank Sahafat Finance Scheme” was launched by the bank’s chairman and CEO. Who is the present chairman and CEO of Jammu and Kashmir Bank?
(a) Md Mustafa
(b) Parvez Ahmad
(c) Rizwaan Patel
(d) Akram Khan
(e) Suhail Kamaal
Q13. Where is the headoffice of IndusInd Bank?
(c) New Delhi
Q14. The GST Council has decided to implement the e-way bill mechanism throughout the country by _____ after reviewing the readiness of the IT network.
(a) 01st June
(b) 01st September
(c) 01st May
(d) 01st February
(e) 01st January
Q15. Inflation based on the WPI has accelerated to an eight-month high of 3.93% in November from 3.59% in October 2017. WPI stands for-
(a) Wholesale Product Index
(b) Wholesale Price India
(c) Wholesale Price Index
(d) Wheat Price Index
(e) Wholesale Payment Index
Q16. The Asian Development Bank (ADB) has lowered India’s GDP forecast for the current fiscal by 0.3% to _______.
Q17. The Reserve Bank of India increased the limits for investment by FPIs for the January-March 2018 quarter by Rs 6,400 crore in Central Government Securities (G-Secs) and Rs 5,800 crore in State development loans (SDLs). What is the meaning of “I” in FPI?
Q18. The AIIB has approved its first loan to ___________, its largest shareholder, to reduce its dependence on coal by over 600,000 tonnes annually by building a natural gas distribution network for villages.
Q19. Indian economy is likely to grow by _____ percent in 2018 and go up further to _________ percent in 2019 on the back of strong private consumption, public investment and the ongoing structural reforms, according to a UN report.
(a) 7.1% and 7.3%
(b) 7.2% and 7.4%
(c) 7.3% and 7.5%
(d) 7.6% and 7.8%
(e) 7.0% and 7.2%
Q20. The Reserve Bank of India (RBI) has imposed a penalty of ___________ on Syndicate Bank for non-compliance with its directions on “Cheque Purchase or Discounting, Bill Discounting, and Know Your Customer (KYC)” norms.
(a) Rs 50 crore
(b) Rs 7 crore
(c) Rs 10 crore
(d) Rs 30 crore
(e) Rs 5 crore