Banking & Competitive Exams 🔹 1. Introduction to Foreign Exchange Foreign Exchange (Forex): Conversion of one currency into another. Foreign Transaction: Contract to exchange currencies between parties. Exchange Rate: Price of one currency in terms of another. 📌 Importance Facilitates international trade (exports & imports) Supports travel, tourism, remittances Maintains global financial integration Helps build…
1. What is the current repo rate maintained by the Reserve Bank of India (RBI) as of March 2026? A) 6.25%B) 6.50%C) 6.75%D) 7.00% Answer: B) 6.50% 2. What is the GDP growth forecast for India for FY 2025–26 as per latest estimates? A) 6.2%B) 6.5%C) 6.8%D) 7.2% Answer: C) 6.8% 3. What is the…
🔷 National Current Affairs 1. RBI Monetary Policy Update The Reserve Bank of India maintained the repo rate at 6.50% in its latest review. Inflation projection for FY 2026 revised to 5.1%, slightly above the medium-term target. GDP growth forecast retained at 6.8% for FY 2025–26. Focus areas: Liquidity management Digital payments expansion Strengthening NBFC…
Prevention of Money Laundering Act (PMLA) 2002 & KYC – Complete Banking Exam Notes Introduction The Prevention of Money Laundering Act (PMLA), 2002 is the primary legislation in India designed to prevent money laundering and regulate the financial system against illegal financial activities. The Act also empowers authorities to confiscate property derived from criminal activities….
1. Which institution is hosting the “Bharat Innovates 2026” Pre-Summit scheduled for 21–22 March 2026? A. IIT DelhiB. IIT MadrasC. IIT BombayD. IIT Kanpur Answer: C. IIT Bombay 2. The main global showcase event of “Bharat Innovates 2026” will be held in which city? A. ParisB. NiceC. LyonD. Marseille Answer: B. Nice 3. According to…
National Current Affairs 1. Bharat Innovates 2026 Pre-Summit to be Hosted at IIT Bombay The “Bharat Innovates 2026” Pre-Summit will be hosted at Indian Institute of Technology (IIT) Bombay from 21–22 March 2026. The summit will bring together 137 deep-tech startups, investors, policymakers, and academic experts. The initiative is linked with the India–France Year of…
SBI JIBO CRASH COURSE NOTES MODULE 1 — OVERVIEW OF SBI LOAN POLICY Meaning of Loan Policy Loan policy is the formal framework governing sanction, monitoring, and management of loans and advances in the bank. Objectives: Maintain sound credit portfolio Ensure risk-controlled lending Maintain prudential exposure limits Align with RBI regulatory norms Maintain ethical lending…
Current Affairs MCQ Quiz 1. The Government of India is planning to revive Formula 1 racing at which circuit in India? A. Kari Motor SpeedwayB. Buddh International CircuitC. Madras Motor Race TrackD. Hyderabad Street Circuit Answer: B. Buddh International Circuit 2. The Global Conference on Women in Agri-Food Systems (GCWAS-2026) was organized in which city?…
National Current Affairs 1. India Plans Revival of Formula 1 and World Rally Championship The Government of India has initiated discussions to revive Formula 1 (F1) racing and the World Rally Championship (WRC) in the country. A meeting was held between Union Sports Minister Mansukh Mandaviya and the Federation of Motor Sports Clubs of India…
Question 1 Which global credit rating agency revised India’s GDP growth forecast for FY 2025–26 to 7.5%? A. Moody’s Investors ServiceB. Fitch RatingsC. Standard & Poor’sD. World Bank Answer: B. Fitch Ratings Question 2 Which Indian bank signed a strategic financial cooperation agreement with MUFG Bank of Japan to enhance cross-border investment and financing? A….
