Top 100 Banking Awareness Questions 2026 with Answers (IBPS, SBI, RRB)

Banking awareness carries real weight in IBPS PO, IBPS Clerk mains, SBI PO, SBI Clerk mains and RRB exams, and most of it comes from the past year's banking news. Here are 100 questions from 2026 banking and RBI news, newest first. Try each one before opening the answer.

For the stories behind these questions, see Banking Awareness on PrepZen — filter by RBI, SEBI, Payment Systems, Insurance and more.

October 2026

Q1. Which private sector bank partnered with Apple for the launch of Apple Pay in India with its Visa and Mastercard credit cards?

• (A) HDFC Bank
• (B) ICICI Bank
• (C) Axis Bank
• (D) Kotak Mahindra Bank
• (E) IndusInd Bank

Q2. How much monetary penalty was imposed by the Reserve Bank of India on Hero FinCorp Limited for violating Fair Practices Code directions?

• (A) ₹2.70 lakh
• (B) ₹3.10 lakh
• (C) ₹5.00 lakh
• (D) ₹10.00 lakh
• (E) ₹15.00 lakh

Q3. What is the Ways and Means Advances (WMA) limit set by the RBI for the Central Government for the second half of FY 2026–27?

• (A) ₹40,000 crore
• (B) ₹50,000 crore
• (C) ₹60,000 crore
• (D) ₹75,000 crore
• (E) ₹1,00,000 crore

September 2026

Q4. Consider the following statements regarding the FASTag Annual Pass: 1. It is valid for 1 year or 200 toll-plaza crossings, whichever is earlier. 2. It was launched on 15 August 2025. 3. It can be purchased for commercial freight vehicles only. Which of the statements given above are correct?

• (A) 1 and 2 only
• (B) 2 and 3 only
• (C) 1 and 3 only
• (D) 1, 2 and 3
• (E) None of the above

Q5. Regarding the CGTMSE credit guarantee cover implemented on TReDS, which statement is INCORRECT?

• (A) It provides a 75% guarantee cover on defaulted invoice amounts.
• (B) The maximum revolving limit for an MSE buyer is ₹10 crore.
• (C) The maximum revolving limit for an MSE seller is ₹5 crore.
• (D) M1xchange became the first platform to settle a CGTMSE-backed invoice.
• (E) Both participating buyers and sellers must belong to the MSE category.

Q6. What is the annual coupon rate carried by NaBFID's debut 10-year US dollar-denominated bond issue worth $750 million?

• (A) 5.850%
• (B) 6.122%
• (C) 6.375%
• (D) 6.500%
• (E) 5.980%

Q7. Where is the 11th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) being held?

• (A) Beijing, China
• (B) Doha, Qatar
• (C) Abu Dhabi, UAE
• (D) Riyadh, Saudi Arabia
• (E) New Delhi, India

Q8. What is the primary ticket-size investment bracket designated for early-stage startups under the SEBI-approved IIT-Madras Unicorn Venture Fund launched in Bengaluru?

• (A) Rs 1 crore to Rs 5 crore
• (B) Rs 2 crore to Rs 10 crore
• (C) Rs 5 crore to Rs 20 crore
• (D) Rs 10 crore to Rs 50 crore
• (E) Rs 25 crore to Rs 75 crore

August 2026

Q9. How many RBI-regulated TReDS (Trade Receivables Discounting System) platforms are currently operational in India?

• (A) 3
• (B) 4
• (C) 5
• (D) 6
• (E) 7

Q10. Under EPFO's 'VISHWAS 2026' scheme, what is the reduced monthly penalty rate for employer default delays ranging between 2 months and 4 months (for defaults prior to 14 June 2024)?

• (A) 0.10% per month
• (B) 0.25% per month
• (C) 0.50% per month
• (D) 0.75% per month
• (E) 1.00% per month

Q11. Which bank partnered with EazyDiner to launch a lifetime-free Platinum credit card on the RuPay network linked to UPI payments?

• (A) HDFC Bank
• (B) IndusInd Bank
• (C) Axis Bank
• (D) ICICI Bank
• (E) Kotak Mahindra Bank

Q12. Which global financial institution has partnered to acquire up to a 49.9% stake in Jio Credit Limited for approximately ₹18,268 crore?

• (A) JPMorgan Chase
• (B) Citigroup
• (C) Bank of America
• (D) HSBC
• (E) Morgan Stanley

Q13. Which specific section of the Payment and Settlement Systems Act, 2007 is proposed to be amended under the Taxation and Other Laws (Amendment) Bill, 2026?

• (A) Section 5
• (B) Section 10A
• (C) Section 18
• (D) Section 25
• (E) Section 31

Q14. Which private sector bank recently obtained RBI approval to set up a wholly-owned stock broking subsidiary?

• (A) HDFC Bank
• (B) ICICI Bank
• (C) IndusInd Bank
• (D) Axis Bank
• (E) Kotak Mahindra Bank

Q15. Under RBI's Scale-Based Regulation (SBR) framework, what is the minimum asset size threshold for an NBFC to be categorized under the Upper Layer (NBFC-UL)?

• (A) ₹10,000 crore
• (B) ₹25,000 crore
• (C) ₹50,000 crore
• (D) ₹1,00,000 crore
• (E) ₹2,00,000 crore

Q16. Which global entity partnered with Bajaj General Insurance Ltd to deliver multi-country commercial insurance solutions?

• (A) Munich Re
• (B) Swiss Re Corporate Solutions
• (C) Hannover Re
• (D) Allianz SE
• (E) AXA XL

Q17. Which specific provision of the Payment and Settlement Systems Act, 2007 is proposed to be amended to reintroduce the Merchant Discount Rate (MDR)?

• (A) Section A
• (B) Section 10B
• (C) Section 25
• (D) Section 18
• (E) Section 3A

Q18. What is the maximum limit per trade remittance permitted under the expanded perpetual AD Category-II licence granted to GlobalPay?

• (A) ₹5 lakh
• (B) ₹10 lakh
• (C) ₹15 lakh
• (D) ₹25 lakh
• (E) ₹50 lakh

Q19. What was the total transaction value processed by UPI in July 2026?

• (A) ₹28.92 lakh crore
• (B) ₹29.03 lakh crore
• (C) ₹29.53 lakh crore
• (D) ₹29.88 lakh crore
• (E) ₹29.90 lakh crore

Q20. Regarding the proposed RBI guidelines for licensing Urban Co-operative Banks (UCBs), consider the following statements: 1. Fresh UCB licensing was halted by RBI in 2004. 2. Eligible entities must possess a minimum net worth of Rs 300 crore and a minimum operational history of 10 years. 3. Maximum Net NPA ratio permissible for eligibility is set at 5%. Which of the statements given above are correct?

• (A) 1 and 2 only
• (B) 2 and 3 only
• (C) 1 and 3 only
• (D) 1, 2 and 3
• (E) 1 only

Q21. What is the maximum total stake the Government of India aims to divest in LIC under the OFS including the greenshoe option?

• (A) 2.5%
• (B) 3.5%
• (C) 4.0%
• (D) 6.5%
• (E) 10.0%

Q22. In its August monetary policy decision, what is the revised real GDP growth forecast for FY 2026-27 set by the RBI MPC?

• (A) 6.4%
• (B) 6.5%
• (C) 6.6%
• (D) 6.7%
• (E) 6.8%

Q23. Which agency constructed the new Income Tax Department office complex 'Aayakar Sindhu' inaugurated in Mumbai?

• (A) National Highways Authority of India (NHAI)
• (B) Central Public Works Department (CPWD)
• (C) NBCC India Limited
• (D) Engineering Projects India Ltd (EPIL)
• (E) Larsen & Toubro (L&T)

Q24. Under the revised CGSMFI 2.0 guidelines, what is the mandatory minimum combined allocation percentage of guarantee cover reserved for small and medium MFIs?

• (A) 10%
• (B) 12%
• (C) 15%
• (D) 20%
• (E) 25%

Q25. Which of the following statements regarding the RBI's updated Bulk Deposit Interest Rate Directions 2026 is/are correct?

• (A) Only statement I is correct
• (B) Both statements I and II are correct
• (C) Only statement II is correct
• (D) Neither statement I nor II is correct
• (E) Statement II is correct but Statement I is invalid

Q26. What is the total financial coverage limit under the sovereign-backed Protection & Indemnity (P&I) insurance product launched under the Bharat Maritime Insurance Pool (BMIP)?

• (A) USD 500 Million
• (B) USD 1.0 Billion
• (C) USD 1.5 Billion
• (D) USD 2.0 Billion
• (E) USD 2.5 Billion

Q27. By what deadline must Life Insurance Corporation of India (LIC) achieve the mandated 10% Minimum Public Shareholding (MPS) under SEBI norms?

• (A) 16 May 2025
• (B) 16 May 2026
• (C) 16 May 2027
• (D) 31 December 2027
• (E) 31 March 2028

Q28. What is the name of the new insurance digital platform launched by Karnataka Bank in collaboration with SprintMoney?

• (A) KBL Digisure
• (B) KBL Finsurance
• (C) KBL InsureTech
• (D) KBL SmartCover
• (E) KBL LifeShield

Q29. What total penalty amount was imposed by SEBI on Zee Entertainment Enterprises Limited (ZEEL) and its promoters for securities law violations?

• (A) ₹1.00 crore
• (B) ₹1.48 crore
• (C) ₹5.00 crore
• (D) ₹10.50 crore
• (E) ₹2.36 crore

Q30. What was the total volume of transactions processed by India's Unified Payments Interface (UPI) in July 2026?

• (A) 15.20 billion
• (B) 23.66 billion
• (C) 18.50 billion
• (D) 30.12 billion
• (E) 25.00 billion

Q31. Which national instant payment platform of Maldives was linked with India's Unified Payments Interface (UPI) for cross-border transactions?

• (A) PayNow
• (B) Favara
• (C) Pix
• (D) FPS
• (E) A network

Q32. Which entity is a joint venture partner along with M Pallonji Group in ProTec General Insurance Limited?

• (A) True North
• (B) Reliance Capital
• (C) Tata Sons
• (D) Aditya Birla Group
• (E) PremjiInvest

Q33. Which two organizations collaborated to launch the Favara-UPI cross-border payment corridor between Maldives and India?

• (A) NPCI International Payments Ltd (NIPL) and Maldives Monetary Authority (MMA)
• (B) Reserve Bank of India (RBI) and Bank of Maldives
• (C) State Bank of India (SBI) and Maldives Monetary Authority (MMA)
• (D) Ministry of External Affairs and Ministry of Finance (Maldives)
• (E) International Monetary Fund (IMF) and National Payments Corporation of India (NPCI)

July 2026

Q34. Which company became the fourth insurance entity to receive an operational licence from IRDAI in calendar year 2026?

• (A) Kiwi General Insurance
• (B) Allianz Jio Reinsurance
• (C) ProTec General Insurance Limited
• (D) Prudential HCL Health Insurance
• (E) Go Digit General Insurance

Q35. Which payment networks support the newly launched 'Google Pay Flex SBI Card'?

• (A) Only RuPay
• (B) Only Visa
• (C) RuPay and Visa
• (D) Mastercard and Visa
• (E) American Express and RuPay

Q36. Under which section of the Banking Regulation Act, 1949 did the Reserve Bank of India cancel the licence of Paytm Payments Bank Limited?

• (A) Section 35A
• (B) Section 22(4)
• (C) Section 45ZB
• (D) Section 11(2)
• (E) Section 21A

Q37. Which entity launched India's first employee-controlled 'Flexi Benefits Basket' enabled on UPI?

• (A) Paytm
• (B) OmniCard
• (C) PhonePe
• (D) Razorpay
• (E) Pine Labs

Q38. Which iconic international landmark recently became the first UAE tourist attraction to accept UPI for online ticketing?

• (A) Sheikh Zayed Grand Mosque
• (B) Museum of the Future
• (C) Burj Khalifa
• (D) Louvre Abu Dhabi
• (E) Ain Dubai

Q39. What amount was paid by the Life Insurance Corporation of India (LIC) as dividend to the Government of India for Financial Year 2025-26?

• (A) ₹10,500.00 crore
• (B) ₹12,207.25 crore
• (C) ₹14,800.50 crore
• (D) ₹9,650.75 crore
• (E) ₹15,000.00 crore

Q40. What was the year-on-year growth rate of net profit recorded by Public Sector Banks in FY 2025–26?

• (A) 9.5%
• (B) 10.2%
• (C) 11.1%
• (D) 12.8%
• (E) 15.7%

Q41. What total penalty amount was collected by private banks in FY 2025–26 for failing to maintain the Minimum Average Balance?

• (A) ₹2,137.92 crore
• (B) ₹3,450.00 crore
• (C) ₹4,948.71 crore
• (D) ₹5,100.50 crore
• (E) ₹6,200.00 crore

Q42. How many pieces of ₹10 polymer banknotes has the Reserve Bank of India proposed for field trials?

• (A) 50 crore pieces
• (B) 100 crore pieces
• (C) 150 crore pieces
• (D) 200 crore pieces
• (E) 250 crore pieces

Q43. Hyderabad-based fintech company Viyona received certification to operate in which capacity under the Bharat Bill Payment System (Bharat Connect)?

• (A) Bharat Bill Payment Central Unit (BBPCU)
• (B) Customer Operating Unit (COU)
• (C) Agent Institution (AI)
• (D) Payment Gateway Aggregator
• (E) Prepaid Payment Instrument (PPI) Issuer

Q44. Which cooperative bank announced the launch of the 'Gen Z Tech Loan' scheme for purchasing laptops and tablets?

• (A) Karnataka Apex Central Cooperative Bank
• (B) Kerala State Cooperative Bank
• (C) Tamil Nadu State Apex Cooperative Bank
• (D) Maharashtra State Cooperative Bank
• (E) Saraswat Cooperative Bank

Q45. Which asset management entity recently secured SEBI approval to initiate mutual fund business for retail and institutional investors?

• (A) Helios Capital
• (B) Carnelian Asset Management
• (C) Bajaj Finserv Mutual Fund
• (D) Zerodha Fund House
• (E) Old Bridge Capital

Q46. Under the PFRDA 'on-tap' registration guidelines, what is the minimum paid-up capital required for a company applying to become a Pension Fund Manager?

• (A) ₹10 crore
• (B) ₹15 crore
• (C) ₹25 crore
• (D) ₹50 crore
• (E) ₹100 crore

Q47. What was the total value of UPI transactions recorded in India during Financial Year 2025-26?

• (A) ₹150 lakh crore
• (B) ₹210 lakh crore
• (C) ₹280 lakh crore
• (D) ₹314.23 lakh crore
• (E) ₹400 lakh crore

Q48. Delhivery Financial Services recently received RBI approval to operate as a 'Type-II NBFC'. What does a 'Non-Deposit Taking' (ND) status signify for such an institution?

• (A) The institution cannot raise public deposits.
• (B) The institution is barred from lending money.
• (C) The institution can accept savings accounts but not fixed deposits.
• (D) The institution is exempt from all capital adequacy norms.
• (E) The institution can only operate in rural areas.

Q49. Which of the following countries were removed from the FATF's Grey List in the June 2026 update, as notified by the RBI?

• (A) Iraq and Bosnia
• (B) Algeria and Namibia
• (C) Namibia and Iraq
• (D) Algeria and Bosnia
• (E) Namibia and Bosnia

Q50. What are the respective weights assigned to the three dimensions of the Reserve Bank of India's Financial Inclusion (FI) Index—Access, Usage, and Quality?

• (A) Access: 30%, Usage: 50%, Quality: 20%
• (B) Access: 35%, Usage: 45%, Quality: 20%
• (C) Access: 40%, Usage: 40%, Quality: 20%
• (D) Access: 25%, Usage: 55%, Quality: 20%
• (E) Access: 35%, Usage: 40%, Quality: 25%

Q51. Which digital platform or mobile application of IndusInd Bank is designed for MSMEs to facilitate seamless transactions like EPFO payments?

• (A) Indus Direct
• (B) INDIE for Business
• (C) Indus Merchant
• (D) Indus Pay
• (E) EPF-Connect

Q52. Which of the following nations were removed from the Financial Action Task Force Grey List in the June 2026 revisions?

• (A) Iraq and Namibia
• (B) Bosnia and Herzegovina
• (C) Algeria and Namibia
• (D) Algeria and Iraq
• (E) Namibia and Bosnia

Q53. What is the weightage assigned to the 'Usage' dimension in the Reserve Bank of India's Financial Inclusion Index?

• (A) 20%
• (B) 35%
• (C) 45%
• (D) 50%
• (E) 60%

Q54. Which of the following statements is/are correct regarding the 'Gramodyam' programme launched by NABARD?

• (A) It is a 5-year pilot phase programme aiming to train 10,000 urban entrepreneurs.
• (B) It has been launched in partnership with the Small Industries Development Bank of India (SIDBI).
• (C) The program is being executed through the Institute for Industrial Development (IID) in collaboration with NSDC.
• (D) It was launched on NABARD's 50th Foundation Day by the Union Minister of Finance.
• (E) The primary funding is being managed entirely by the World Bank.

Q55. Which Indian public sector undertaking recently raised USD 300 million via Floating Rate Notes (FRNs) under its USD 8 billion GMTN Programme?

• (A) NTPC Limited
• (B) Power Finance Corporation (PFC)
• (C) REC Limited
• (D) Power Grid Corporation of India
• (E) NHPC Limited

Q56. Which foreign insurance company is set to become the first to acquire 100% ownership in an Indian life insurance joint venture?

• (A) Allianz
• (B) AXA
• (C) Prudential
• (D) Aviva
• (E) MetLife

Q57. With reference to the revised Reserve Bank Integrated Ombudsman Scheme (RB-IOS) 2026, consider the following statements: 1. There is no upper limit on the dispute amount a complainant can bring before the Ombudsman. 2. The Ombudsman is empowered to grant compensation up to Rs 50 lakh for consequential financial loss. 3. Compensation up to Rs 3 lakh can be awarded for harassment and loss of time. Which of the statements given above is/are correct?

• (A) 1 only
• (B) 1 and 3 only
• (C) 2 and 3 only
• (D) 1 and 2 only
• (E) 1, 2 and 3

Q58. Who has been re-appointed as the non-executive chairman of Axis Bank for a three-year term starting October 27, 2026?

• (A) Amitabh Chaudhry
• (B) N S Vishwanathan
• (C) Challa Sreenivasulu Setty
• (D) Rangan Banerjee
• (E) Urjit Patel

Q59. Which of the following statements is/are correct regarding the Society for Worldwide Interbank Financial Telecommunication (SWIFT) and Dilip Asbe's recent appointment?

• (A) Dilip Asbe's appointment marks India's second direct representation on SWIFT's top board.
• (B) SWIFT is a financial institution that directly holds assets and executes fund transfers.
• (C) The SWIFT code always consists of a mandatory 11-character alphanumeric structure.
• (D) SWIFT was established in 1973 and is headquartered in La Hulpe, Belgium.
• (E) NPCI has no relation with SWIFT's messaging networks.

Q60. Who has been appointed as the Chairperson of the newly constituted SEBI Expert Working Group to review debenture trustee regulations?

• (A) Rajnish Kumar
• (B) Ananta Barua
• (C) Tuhin Kanta Pandey
• (D) Madhabi Puri Buch
• (E) U.K. Sinha

Q61. Which company recently received in-principle approval from the International Financial Services Centres Authority (IFSCA) to set up a Payment Services Provider subsidiary at GIFT City?

• (A) HiWiPay
• (B) Razorpay
• (C) PhonePe
• (D) BharatPe
• (E) Paytm

Q62. What is the deadline set by the IFSCA for uploading the KYC records of all existing active customers onto the KRA system?

• (A) 1 September 2026
• (B) 30 September 2026
• (C) 1 October 2026
• (D) 30 October 2026
• (E) 31 December 2026

Q63. Following IRDAI's approval of Prudential HCL Health Insurance Limited, what is the total number of standalone health insurance companies operating in India?

• (A) Five
• (B) Six
• (C) Seven
• (D) Eight
• (E) Ten

Q64. According to the June 2026 digital payment statistics released by the National Payments Corporation of India (NPCI), what was the transaction value of UPI transactions?

• (A) 25.10 lakh crore rupees
• (B) 29.90 lakh crore rupees
• (C) 28.92 lakh crore rupees
• (D) 22.72 lakh crore rupees
• (E) 30.50 lakh crore rupees

Q65. Ravi Shankar has been appointed as the Executive Director (ED) of which organization, where he will oversee the Department of Statistics and Information Management (DSIM)?

• (A) Securities and Exchange Board of India (SEBI)
• (B) Reserve Bank of India (RBI)
• (C) NABARD
• (D) State Bank of India (SBI)
• (E) SIDBI

Q66. What is the minimum Fixed Deposit (FD) amount required to open the newly launched 'Paisa+' Secured Credit Card by Paisabazaar and SBM Bank India?

• (A) Rs 1,000
• (B) Rs 2,000
• (C) Rs 5,000
• (D) Rs 10,000
• (E) Rs 1,500

Q67. Consider the following statements regarding the launch of UPI in Greece: 1. The service was launched through a partnership between NIPL and Eurobank. 2. Greece has become the 10th country to accept UPI in some format. Which of the statements given above is/are correct?

• (A) Only 1
• (B) Only 2
• (C) Both 1 and 2
• (D) Neither 1 nor 2
• (E) Cannot be determined

June 2026

Q68. Which AI-powered fintech platform recently obtained NPCI's approval to operate as a Third Party Application Provider (TPAP) for UPI payments?

• (A) Jupiter
• (B) CRED
• (C) jUMPP
• (D) Fi Money
• (E) Slice

Q69. The AI-powered trade and payments platform LEXI Money has received in-principle approval to operate as a Payment Service Provider from which regulatory body?

• (A) Reserve Bank of India (RBI)
• (B) Securities and Exchange Board of India (SEBI)
• (C) International Financial Services Centres Authority (IFSCA)
• (D) Pension Fund Regulatory and Development Authority (PFRDA)
• (E) Insolvency and Bankruptcy Board of India (IBBI)

Q70. Which bank has partnered with the AI-driven fintech platform jUMPP as its Payment Service Provider (PSP) bank for its UPI operations?

• (A) State Bank of India
• (B) HDFC Bank
• (C) YES Bank Limited
• (D) ICICI Bank
• (E) Axis Bank

Q71. Consider the following statements regarding the RBI's draft Master Directions on Term Money Markets: 1. Non-Banking Financial Companies (excluding Base Layer NBFCs) have a maximum borrowing limit of 200% of their Net Owned Funds (NOF). 2. Standalone Primary Dealers (SPDs) can borrow up to 400% of their NOF in the Call & Notice Money Market. 3. Transactions executed outside the NDS-CALL platform must be reported within 15 minutes. Which of the statements given above are correct?

• (A) Only 1 and 2
• (B) Only 2 and 3
• (C) Only 1 and 3
• (D) All 1, 2, and 3
• (E) None of the above

Q72. Which Indian fintech startup recently obtained its first international payment service license in Canada to expand its cross-border services?

• (A) Razorpay
• (B) Pine Labs
• (C) Skydo
• (D) PhonePe
• (E) BharatPe

Q73. Which is the first Indian Non-Banking Financial Company (NBFC) to utilize the RBI's subsidized hedging facility for its $300 million dollar bond issuance?

• (A) REC Limited
• (B) Power Finance Corporation (PFC)
• (C) IREDA
• (D) HDFC Limited
• (E) LIC Housing Finance

Q74. Under the regulatory directions placed on Mogaveera Co-operative Bank, what is the maximum deposit insurance coverage available to any depositor via DICGC?

• (A) Rs 1 lakh
• (B) Rs 2 lakh
• (C) Rs 3 lakh
• (D) Rs 5 lakh
• (E) Rs 10 lakh

Q75. Which of the following statements is/are correct regarding the RBI guidelines for a Self-Regulatory Organisation in the Account Aggregator ecosystem (SRO-AA)?\n1. The SRO-AA must be registered as a Section 8 company under the Companies Act, 2013.\n2. It must maintain a minimum net worth of ₹5 crore within one year of recognition.\n3. No single entity or group acting in concert can hold 10% or more of the paid-up share capital.

• (A) Only 1
• (B) Only 1 and 2
• (C) Only 1 and 3
• (D) Only 2 and 3
• (E) All 1, 2, and 3

Q76. Consider the following statements regarding the Account Aggregator (AA) framework: 1. Sahamati Foundation is the RBI-approved SRO for the AA ecosystem. 2. AAs store customer financial data to ensure easy retrieval in the future. 3. FIPs are institutions that hold the user data. Which of the statements given above are correct?

• (A) Only 1 and 2
• (B) Only 2 and 3
• (C) Only 1 and 3
• (D) All 1, 2, and 3
• (E) Only 1

Q77. Which of the following is correct regarding the fixed swap rate for the External Commercial Borrowings (ECB) swap window launched by RBI in June 2026?

• (A) 1.5% per annum, compounded annually
• (B) 1.5% per annum, compounded semi-annually
• (C) 2.0% per annum, compounded quarterly
• (D) At par with the prevailing market exchange rates
• (E) 1.0% per annum, compounded semi-annually

Q78. Which private sector bank has partnered with Centrum Finverse to launch an integrated 3-in-1 account?

• (A) HDFC Bank
• (B) ICICI Bank
• (C) Axis Bank
• (D) Bandhan Bank
• (E) IndusInd Bank

Q79. What is the standard testing duration allowed for entities under the newly launched PFRDA Regulatory Sandbox Framework?

• (A) Up to 3 months
• (B) Up to 6 months
• (C) Up to 9 months
• (D) Exactly 12 months
• (E) Up to 18 months

Q80. What was the main reason cited by the Reserve Bank of India for the 23.5% drop in currency printing expenditure during FY26?

• (A) Complete transition to polymer-based currency notes
• (B) Massive surge in the public adoption of CBDC (e-Rupee)
• (C) A lower indent or order placed for banknotes during the year
• (D) Closing down of two major printing presses in India
• (E) Introduction of advanced automated AI-driven printing machinery

Q81. Which technological organization developed the newly operationalized 'STaR NPS' digital onboarding platform for the Pension Fund Regulatory and Development Authority (PFRDA)?

• (A) National Stock Exchange (NSE) IT
• (B) BSE Technologies Private Limited
• (C) Infosys Limited
• (D) Tata Consultancy Services (TCS)
• (E) National Informatics Centre (NIC)

Q82. In the 61st MPC meeting, the Reserve Bank of India maintained the Repo Rate at 5.25%. What is the corresponding Standing Deposit Facility (SDF) rate?

• (A) 4.75%
• (B) 5.00%
• (C) 5.50%
• (D) 5.25%
• (E) 5.75%

Q83. Under the RBI Second Amendment Directions 2026, fresh FCNR(B) deposits within which tenor range are exempted from CRR and SLR maintenance till September 30, 2026?

• (A) 1 year to 3 years
• (B) 2 years to 5 years
• (C) 3 years to 5 years
• (D) 5 years to 7 years
• (E) 1 year to 5 years

Q84. Which entity developed the 'StAR NPS' platform launched by the Pension Fund Regulatory and Development Authority (PFRDA)?

• (A) National Stock Exchange (NSE) IT
• (B) BSE Technologies Private Limited (BTPL)
• (C) Tata Consultancy Services (TCS)
• (D) National Securities Depository Limited (NSDL)
• (E) Infosys Limited

Q85. What percentage of the total value of currency in circulation did ₹500 notes account for during the financial year 2025-26 (FY26)?

• (A) Over 50%
• (B) Over 65%
• (C) Over 75%
• (D) Over 85%
• (E) Over 95%

Q86. What is the threshold limit above which the Reserve Bank of India (RBI) has proposed a one-hour cooling-off period for digital payments?

• (A) ₹5,000
• (B) ₹10,000
• (C) ₹15,000
• (D) ₹20,000
• (E) ₹25,000

Q87. The trade and supply chain finance agreements signed between the Asian Development Bank (ADB) and Standard Chartered Bank have been structured through which financial center?

• (A) Mumbai International Financial Centre
• (B) GIFT City (Gujarat)
• (C) Bengaluru FinTech Park
• (D) Delhi Financial Hub
• (E) Chennai Financial City

Q88. Which two organizations are jointly organizing the 'Niveshak Shivir' investor awareness and grievance redressal platform in Bhopal?

• (A) RBI and IRDAI
• (B) IEPFA and SEBI
• (C) PFRDA and LIC
• (D) SEBI and AMFI
• (E) NITI Aayog and BSE

Q89. Which public sector bank recently secured a licence from the International Financial Services Centres Authority (IFSCA) to establish its branch at GIFT City, Gujarat?

• (A) State Bank of India
• (B) Indian Overseas Bank
• (C) Canara Bank
• (D) Punjab National Bank
• (E) Bank of Baroda

Q90. Consider the following statements regarding the launch of UPI in Cambodia: 1. Indian tourists can make payments in Cambodia by scanning Bakong's KHQR codes. 2. The initiative is powered by a collaboration between NPCI International Payments Limited (NIPL) and ACLEDA Bank Plc. Which of the statements given above is/are correct?

• (A) Only 1
• (B) Only 2
• (C) Both 1 and 2
• (D) Neither 1 nor 2
• (E) Cannot be determined from the given information

May 2026

Q91. Which of the following statements is/are correct regarding the Corporate Social Responsibility (CSR) guidelines in India under Section 135 of the Companies Act, 2013? 1. Companies must spend at least 2% of their average net profits of the previous three financial years. 2. The mandate applies to companies with a net worth of ₹500 crore or more, or a turnover of ₹1,000 crore or more, or a net profit of ₹5 crore or more. 3. Companies can now invest up to 10% of their annual CSR expenditure through Zero Coupon Zero Principal (ZCZP) instruments.

• (A) Only 1
• (B) Only 1 and 2
• (C) Only 2 and 3
• (D) Only 1 and 3
• (E) All 1, 2, and 3

Q92. Which fintech company recently received in-principle approval from the RBI for an Offline Payment Aggregator (PA-P) licence?

• (A) PhonePe
• (B) BharatPe
• (C) MobiKwik
• (D) Paytm
• (E) Razorpay

Q93. Who has been appointed as the convener of the RBI's newly formed eight-member Q-SAFE committee on quantum technology?

• (A) Prof. Manindra Agrawal
• (B) Prof. Anil Prabhakar
• (C) Siva Subramanian
• (D) KVS Manian
• (E) Elias George

Q94. Eurobank has partnered with NPCI to become the first European bank facilitating UPI-based remittances to India from which of the following countries?

• (A) Germany and France
• (B) Greece and Cyprus
• (C) Spain and Portugal
• (D) Italy and Greece
• (E) Cyprus and Malta

Q95. Under the newly introduced 'RIS Steady' option by PFRDA, how does the equity allocation behave as a subscriber ages from 60 to 75?

• (A) Reduces from 50% to 15%
• (B) Reduces from 35% to 10%
• (C) Remains constant at 25%
• (D) Reduces from 40% to 20%
• (E) Increases from 10% to 35%

Q96. Under the Liberalised Remittance Scheme (LRS), what is the maximum amount that a resident individual, including minors, is allowed to remit abroad per financial year?

• (A) USD 100,000
• (B) USD 150,000
• (C) USD 200,000
• (D) USD 250,000
• (E) USD 500,000

Q97. Who is the head of the 8-member expert committee 'Q-SAFE' constituted by the Reserve Bank of India to assess quantum technology risks in banking?

• (A) Dilip Asbe
• (B) Vinayak Godse
• (C) Anil Prabhakar
• (D) Sunil Kumar
• (E) Manoj Kumar Jain

Q98. Consider the following statements regarding the Reserve Bank of India's new governance norms for co-operative bank directors: 1. A mandatory cooling-off period of three years is applicable only to Urban Co-operative Banks (UCBs). 2. The maximum continuous tenure limit for co-operative bank directors has been extended from 8 years to 10 years. 3. During the cooling-off period, directors can still serve as regular consultants or advisory members of the same bank. Which of the statements given above is/are correct?

• (A) 1 and 2 only
• (B) 2 only
• (C) 3 only
• (D) 2 and 3 only
• (E) 1, 2 and 3

Q99. What is the exact name of the new 10 billion dollar crisis relief facility launched by the Asian Infrastructure Investment Bank (AIIB) in May 2026?

• (A) Global Energy and Infrastructure Resilience Fund (GEIRF)
• (B) Energy, Food Security and Economic Resilience Facility (EFSERF)
• (C) West Asian Geopolitical Mitigation Facility (WAGMF)
• (D) Food Security and Emergency Liquidity Support Platform (FSELSP)
• (E) Multilateral Economic Recovery and Import Facility (MERIF)

Q100. With reference to the RBI's FY26 surplus transfer, which of the following statements is/are correct? (1) The Contingent Risk Buffer was maintained at the upper boundary of 7.5 percent of the total balance sheet. (2) The transfer of surplus profits is legally mandated under Section 47 of the RBI Act, 1934.

• (A) Only 1
• (B) Only 2
• (C) Both 1 and 2
• (D) Neither 1 nor 2
• (E) Cannot be determined from the data

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