RPSC RAS · Indian and Rajasthan Economy

Banking and finance

RBI, monetary policy, NPAs, financial inclusion, UPI.

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  • Q1 · Banking and finance · EASY

    The Reserve Bank of India (RBI) uses the repo rate as a key tool of monetary policy. What is the immediate effect when RBI increases the repo rate?

  • Q2 · Banking and finance · MEDIUM

    Non-Performing Assets (NPAs) in the Indian banking sector are classified based on the period for which principal or interest payment remains overdue. According to RBI norms, an asset is classified as NPA when principal or interest payment remains overdue for more than:

  • Q3 · Banking and finance · EASY

    The Unified Payments Interface (UPI) has revolutionized digital payments in India. Which organization developed the UPI platform?

  • Q4 · Banking and finance · MEDIUM

    Financial inclusion in India aims to provide access to formal banking services to all sections of society. Which of the following schemes was launched specifically to ensure that every household has at least one bank account with zero balance facility?

  • Q5 · Banking and finance · HARD

    The Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) are important instruments of RBI's monetary policy. Which of the following statements correctly differentiates between CRR and SLR? 1. CRR is maintained with RBI while SLR is maintained by banks themselves 2. Banks earn interest on CRR but not on SLR 3. CRR is maintained in cash while SLR can be maintained in cash, gold or government securities Select the correct answer:

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