📝 🔟 MCQs for SSC, Banking & Competitive Exams 1. What is the current Repo Rate maintained by RBI as per recent updates? A) 5.50%B) 6.00%C) 6.50%D) 7.25% Answer: C) 6.50% 2. The target inflation range set by RBI is: A) 2% ± 1%B) 4% ± 2%C) 5% ± 3%D) 6% ± 2% Answer: B) 4%…
🔷 National Current Affairs (India) 1. RBI Monetary Policy & Banking Updates The Reserve Bank of India (RBI) maintained a cautious stance on inflation amid global volatility. Repo Rate remained around 6.50%, reflecting controlled inflation targeting within 4% ± 2% band. RBI emphasized: Strengthening digital payments infrastructure Expansion of CBDC (Central Bank Digital Currency) pilot…
1. Introduction to Derivatives A derivative is a financial contract whose value is derived from an underlying asset such as: Stocks Bonds Interest Rates Currencies Commodities Key Features It is a future contract between two parties Value depends on spot market movements Used for: Risk Management (Hedging) Speculation Classification of Derivatives 1. OTC (Over-the-Counter) Products…
✅ MCQs for SSC, Banking & Competitive Exams 1. What is the current repo rate maintained by the Reserve Bank of India as of March 2026? A. 6.25%B. 6.50%C. 6.75%D. 7.00%Answer: B. 6.50% 2. What is the projected CPI inflation rate for FY 2026 as per RBI estimates? A. 4.8%B. 5.0%C. 5.2%D. 5.5%Answer: C. 5.2%…
🟢 National Affairs (India) RBI Monetary Policy Outlook Update The Reserve Bank of India maintained a cautious stance amid persistent inflation concerns. CPI inflation projected at 5.2% for FY 2026. Repo rate remains unchanged at 6.50% to balance growth and inflation. Emphasis on liquidity management and digital payment expansion. Digital India Expansion Initiative Government approved…
🔷 1. Introduction to Treasury Management Treasury Management refers to the centralized function within a bank that manages its funds, liquidity, investments, and financial risks. It acts as the financial nerve center of a bank, ensuring optimal utilization of resources while maintaining regulatory compliance. In modern banking, treasury is not limited to fund management—it also…
(For SSC, Banking & Competitive Exams) Q1. What is the current Repo Rate maintained by the Reserve Bank of India (RBI)? A) 6.25%B) 6.50%C) 6.75%D) 7.00% Answer: B) 6.50% Q2. What is India’s projected GDP growth rate for FY 2025–26? A) 6.2%B) 6.5%C) 6.8%D) 7.2% Answer: C) 6.8% Q3. What is the projected global growth…
🔷 National Affairs (India) RBI Monetary Policy Outlook & Banking Updates The Reserve Bank of India signaled a cautious stance on inflation amid global volatility. Repo rate maintained at 6.50% to balance inflation control and growth. Inflation projection for FY 2026 revised to 5.2%, citing food price volatility. Digital payments in India crossed ₹20,000 crore…
🔹 1. Introduction to Priority Sector Lending Priority Sector Lending (PSL) refers to mandatory lending by banks to sectors that are critical for inclusive economic development but may not receive adequate credit under normal banking practices. ➡️ Introduced by RBI to: Ensure financial inclusion Promote balanced regional development Support weaker and vulnerable sections 🔹 2….
1. What was India’s projected GDP growth rate for FY 2025–26? A. 6.5%B. 7.2%C. 7.8%D. 8.1% Answer: B. 7.2% 2. The Reserve Bank of India recently updated KYC norms. What is the mandatory update period for high-risk customers? A. Every 1 yearB. Every 2 yearsC. Every 5 yearsD. Every 10 years Answer: B. Every 2…
