Question for Central Bank of India ZBO 2026 - Quiz / Questions / MCQ

Objective Questions

Latest Central Bank of India ZBO Exam Question (Objective Questions), MCQ in English

Subjects : English Language, Banking Knowledge, Computer Knowledge, Present Economic Scenario & General Awareness

Question Bank Central Bank of India ZBO Exam - English

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English Language

Question 1Single Answer

I go to Madurai by —– Vaigai Express

A
a
B
an
C
some
D
the

Question 2Single Answer

Have the car stolen!

A
Steal the car
B
You should have the stolen car
C
Get someone to steal the car
D
They have stolen the car

Question 3Single Answer

The payment was collected by the hardworking salesman.

A
The hardworking salesman collected the payment.
B
the salesman who worked heard was able to collect the payment.
C
to collect the payment the salesman had to work hard.
D
The hardworking salesman was able to collect the payment.

Question 4Single Answer

I had to stop all my work to complete this project.

A
All other work had to be stopped to complete this project by me
B
For completing this project all other work must be stopped
C
For completing this project I had to stop all my work
D
To complete this project all other work had been stopped by me

Question 5Single Answer

They have published the names of all the successful candidates.

A
The candidates who have succeeded their names they had published.
B
The names of all the successful candidates have been published by them
C
The candidates who have succeeded their names have been published by them.
D
The names of all the successful candidate were published by them.

Question 6Single Answer

The online shopping site lowered the prices.

A
Lowering of the prices was done by the online shopping site
B
The prices were lowered by the online shopping site
C
The prices had been lowered by the online shopping site
D
The prices have been lowered by the online shopping site

Question 7Single Answer

Who taught you to drive a truck ?

A
To drive a truck by whom were you taught?
B
Driving a truck by who were you taught?
C
Driving a truck by who were you being taught?
D
By whom were you taught to drive a truck?

Question 8Single Answer

We shall invite Suresh.

A
Suresh would be invited by us
B
Suresh would have been invited by us
C
Suresh will be invited by us
D
Suresh will have been invited by us

Question 9Single Answer

Dark clouds have overcast the evening sky.

A
By the dark clouds the evening sky was overcast.
B
The evening sky has been overcast by the dark clouds.
C
Dark clouds overcastted the evening sky.
D
The sky of the evening was overcasted by dark clouds.

Question 10Single Answer

The partners will celebrate their triumph tomorrow.

A
The triumph would be celebrated by the partners a day before
B
The triumph would be celebrated by the partners a day after
C
The triumph would have been celebrated by the partners a day after
D
The triumph will have been celebrated by the partners tomorrow

Question 11Single Answer

Why did break the vase?

A
why is the vase broken by him
B
why was the vase broken by him
C
why had been the vase broken by him
D
why has been the vase broken by him

Question 12Single Answer

Mariam was writing a note to her boss.

A
A note was written to her boss by Mariam
B
A note was wrote by Mariam to her boss
C
A note was being written by Mariam to her boss
D
A note was written by Mariam to her boss

Question 13Single Answer

The baby really enjoys that music.

A
That music was really enjoyed by the baby.
B
That music was really being enjoyed by the baby.
C
That music is really enjoyed by the baby.
D
This music was really enjoyed by the baby.

Question 14Single Answer

The weather disrupted the final match.

A
The final match has been disrupted by the weather.
B
The final match had been disrupted by the weather.
C
The final match was disrupted by the weather.
D
The final match was being disrupted by the weather.

Question 15Single Answer

The management committee is required to publish a report every year.

A
report would be published by the management committee every year.
B
A report would have been published by the management committee every year.
C
A report requires to be published by the management committee every year.
D
Every year the report would be published by the management committee.

Question 16Single Answer

Preeti ran the race in record time.

A
In record time Preeti ran the race.
B
The race was run by Preeti in record time
C
The race was being run by Preeti in record time
D
The race had been run by Preeti in record time

Question 17Single Answer

I shall have written the full thesis by December

A
By December I shall have wrote the full thesis.
B
The full thesis will have been written by me by December.
C
The full Thesis will be wrote by me by December
D
By December the full thesis must have been wrote by me.

Question 18Single Answer

One must keep one’s promises.

A
One’s promises must be kept by one.
B
One’s promises had to be kept.
C
Promises must be kept.
D
Promises have to be kept by one.

Question 19Single Answer

I read the story in one night.

A
The story had been read by me in one night.
B
The story has been read by me in one night
C
n one night the story has been read by me.
D
the story was read by me in one night

Question 20Single Answer

We must take care of the old.

A
Those who are old need to be taken care of by us.
B
The old must be taken care of by us.
C
Those who are old need care by us
D
The old should be taken care of by us.

Banking Knowledge

Question 21Single Answer

Which if the following is TRUE about the meaning of a bank?

A
It is a financial establishment
B
It acts like a financial intermediary
C
It accepts deposits from the public
D
It provides safe locker facility
E
All the above

Question 22Single Answer

Which of the following is NOT true about the functioning of a bank ?

A
A bank should always add the word “bank” to its name.
B
They include general utility services and agency services.
C
A bank is a non-profit organization having service oriented approach.
D
A bank acts as a connecting link between borrowers and lenders of money.
E
A bank lends out money in the form of loans to those who require it for different purposes.

Question 23Single Answer

Which of the following is NOT a banking service?

A
Issuance of debit and credit cards
B
Providing safe custody of valuable items
C
ATM services
D
Provision for higher interest rates to the accounts held by women
E
Online transfer of funds across the globe

Question 24Single Answer

The definition of Banking is given in which of the following ACTs?

A
Negotiable Instrument Act 1881
B
Reserve Bank of India (RBI) Act 1934
C
Banking Regulation Act 1949
D
Company Act 1956
E
None of the above

Question 25Single Answer

Banks in India are regulated by :

A
The Reserve Bank of India Act,1934
B
The Banking regulation Act,1949
C
The Reserve Bank of India (Amendment and Misc. Provisions) Act, 1953
D
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980
E
None of the above

Question 26Single Answer

Which of the following terms is used in Banking field ?

A
Zero Hour
B
Input devices
C
Privilege motion
D
Sedimentary
E
Invest rate swap

Question 27Single Answer

A centralized database with online connectivity to branches, internet as well as ATM-network which has been adopted by almost all major banks of our country is known as?

A
Investment Banking
B
Core Banking
C
Mobile Banking
D
National Banking
E
Specialized Banking

Question 28Single Answer

Which of the following is necessary while opening deposit account in banks ?

A
Will
B
Registration
C
Nomination
D
Indemnity
E
Guarantee

Question 29Single Answer

Which of the following is not banking term?

A
Letter of credit
B
MIBOR
C
Factoring services
D
Entry load
E
None of the above

Question 30Single Answer

Systematic investment plans relates to:

A
Mutual Funds
B
Life Insurance Companies
C
Commercial Banks
D
Post office saving schemes
E
None of the above

Question 31Single Answer

Which is the following is / are third party products sold out by banks?

A
Mutual funds
B
Term deposits
C
Credit cards
D
All of these
E
None of the above

Question 32Single Answer

The first bank the Bank of Hindustan was established in:

A
1780
B
1790
C
1770
D
1802
E
1814

Question 33Single Answer

Which of the following NOT a Retail banking product ?

A
Checking account
B
Saving account
C
Money market account
D
Certificate of deposit (CD)
E
Mutual Fund

Question 34Single Answer

Which of the following is Not a Business (or commercial / investment) banking product ?

A
Business loan
B
Capital raisig
C
Checking account
D
Project finance
E
Term loan

Question 35Single Answer

The banker’s bank in any country called as:

A
Commercial bank
B
Central bank
C
EXIM bank
D
Scheduled Bank
E
Development bank

Question 36Single Answer

Which of the following is the Central bank of India?

A
State Bank of India
B
National Bank for Agriculture and Rural Development
C
Export-Import Bank of India
D
Reserve Bank of India
E
None of the above

Question 37Single Answer

What is the Minimum balance required to be maintained for a saving account with cheque book facility?

A
Rs. 100
B
Rs. 400
C
Rs. 500
D
Rs.1000
E
Rs. 1500

Question 38Single Answer

Which of the following represents Profit and Loss Account ?

A
Position of profit on a particular date
B
Position of profit for a given period
C
Position of loss for a given period
D
Both 2 and 3
E
None of the above

Question 39Single Answer

Which among the following is /are ‘Term Deposit’?

A
Fixed Deposit
B
Current Deposit
C
Recurring Deposit
D
All of the above
E
None of the above

Question 40Single Answer

The first bank of limited liability managed by Indians was :

A
The Commercial Bank of India
B
Allahabad Bank
C
Oudh Commercial Bank
D
Punjab National bank ltd
E
None of the above

Question 41Single Answer

Which of the following scheme is not meant for investment purposes?

A
Letter of credit
B
National saving certificate
C
Infrastructure bonds
D
Mutual funds
E
None of the above

Question 42Single Answer

What is meant by development Oriented banking?

A
Infrastructure financing
B
Extending loans to State, which are undevelopment
C
Taking up the task of development of the economy by providing support to under privileged section of the society
D
All of the above
E
None of the above

Question 43Single Answer

The Reserve Bank of India was established in:

A
April 1935
B
June 1935
C
August 1934
D
May 1936
E
January 1949

Question 44Single Answer

14 major Indian commercial banks of the country were nationalized in:

A
July 1965
B
June 1960
C
July 1969
D
May 1970
E
January 1949

Question 45Single Answer

On the basis of suggestions of which of the following committee. The Banking Regulation Act was amended in 1983 to open the gates for the new private sector banks ?

A
Narasimham Committee
B
Rangrajan Committee
C
Rangrajan Committee
D
Goiporia committee
E
None of the above

Question 46Single Answer

When RBI made compulsory to the Best II norms for Banks?

A
March 31, 2007
B
March 31, 2008
C
March 31, 2010
D
March 31, 2011
E
March 31, 2009

Question 47Single Answer

Which Act is fully applicable to all commercial banks?

A
Companies Act, 1956
B
Partnership Act, 1932
C
Banking Regulation Act,1949
D
Sale of Goods Act, 1930
E
The Reserve Bank of India Act, 1934

Question 48Single Answer

What type of loan is granted by banks for purchase of white goods?

A
Mortgage loans
B
Personal loans
C
Consumption Loans
D
Home Loans
E
None of the above

Question 49Single Answer

Which of the following loans are granted for meeting social financial commitments like marriage etc?

A
Mortgage loans
B
Personal loans
C
Consumption Loans
D
Home Loans
E
None of the above

Question 50Single Answer

PPF account is opened for a period of

A
Mortgage loans
B
Personal loans
C
Consumption Loans
D
Home Loans
E
None of the above

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Banking Knowledge

Question 51Single Answer

Which of the followings facts substantiate the investment in public provident fund (PPF) account as a favorite tax saving option?

A
Deposits made in PPF account up to prescribed limits are eligible for relief under section 80C of income tax Act
B
Interest earned in PPF account is exempt from income tax
C
The balance in a PPF account is exempt from wealth tax
D
The balance in a PPF account cannot be attached under a court decree.
E
All of the above

Question 52Single Answer

What is the minimum amount premium is required to be deposited in case of a Public Provident Fund (PPF) Account?

A
Rs. 500
B
Rs. 750
C
Rs. 1000
D
Rs. 1500
E
Rs. 2000

Question 53Single Answer

National Saving Certificate matures at the end of:

A
Six years
B
Seven years
C
Ten years
D
Fifteen years
E
Twelve years

Question 54Single Answer

Normally banks accept fixed deposit for a maximum period of:

A
3 years
B
5 years
C
7 years
D
12 years
E
Any number years

Question 55Single Answer

Consider the followings Acts:
(A) Enactment of Banking Regulations Act
(B) Nationalisation of State Bank of India
(C) Nationalization of SBI subsidiaries
(D) Nationalisation of 14 major Banks.
Choose the right option for the correct chronological order of the above acts.

A
A-B-C-D
B
B-A-C-D
C
A-B-C-D
D
C-B-A-D
E
D-B-A-C

Question 56Single Answer

The Imperial Bank of India was nationalized and re-christened as State Bank of India in the year:

A
1949
B
1950
C
1955
D
1960
E
1969

Question 57Single Answer

IFRS stands for:

A
International Financial Regulatory Standards
B
International Financial Reporting Standards
C
International Financial Rating Standards
D
International Financial Reporting System
E
None of the above

Question 58Single Answer

Bridge loan refers to:

A
Interim finance allowed by banks to their customers pending disbursement of term loans by financial institutions
B
Loans granted to construction companies
C
Loans granted to PWD for construction of bridges
D
All of the above
E
None of the above

Question 59Single Answer

Payment of the demand draft can be stopped by

A
Holder
B
Purchaser
C
Payee
D
Bank
E
None of the above

Question 60Single Answer

Which of the following organizations, provide credit history of the borrowers?

A
SEBI
B
CIBIL
C
SBI
D
RBI
E
CRSIL

Question 61Single Answer

Loans / advance to framers is knows as:

A
Personal Loan
B
Business Loan
C
Priority Sector Loan
D
Home Loan
E
None of the above

Question 62Single Answer

FRBM stands for:

A
Fiscal Responsibility and Banking Management
B
Financial Responsibility and Budget management
C
Fiscal Responsibility and budget Management
D
Federal Responsibility and Business Management
E
Fiscal Responsibility and Business Management

Question 63Single Answer

When the New Bank of India was merged with Punjab National Bank?

A
1990
B
1993
C
1999
D
2001
E
2002

Question 64Single Answer

Which of the following is / are major reasons for strict regulations of the banks by the government in India?

A
To protect the safety of the public’s savings
B
To control the supply of money and credit in order to achieve a nation’s broad economic goal
C
To ensure equal opportunity and fairness in the public’s access to credit and other vital financial services
D
To promote public confidence in the financial system so that savings are made speedily and efficiently
E
All the above

Question 65Single Answer

Which of the following can be categorized as a Merchant banking service?

A
Consultancy on financial to a company
B
Advance in capital structure
C
Managing mergers
D
Helping in finalizing takeover
E
All of the above

Question 66Single Answer

Which instrument provides proprietary interest in company and which entitles a person to dividend on profit?

A
Bond
B
Debenture
C
Share
D
Warrant
E
None of the above

Question 67Single Answer

Which of the following is the first development financial institution to be established in India in 1948?

A
LIC
B
IFCI
C
ICICI
D
EXIM Bank
E
IDBI

Question 68Single Answer

Co-operative Bank in India are operated under which of the followings acts?

A
Cooperative Societies Act in 1904
B
Cooperative Societies Act in 1912
C
Banking Regulation Act, 1949
D
The Reserve Bank of India Act, 1934
E
Company Act, 1934

Question 69Single Answer

Which of the following is incorrectly matched?

A
Export - Import / Bank of India – 1982
B
Small Industries Development Bank of India (SIDBI) – 1990
C
National Bank for Agricultural and Rural Development (NABARD) – 1982
D
Industrial Finance Corporation of India – 1948
E
IDBI Bank Limited – 1954

Question 70Single Answer

Which of the following is NOT a feature of saving bank account?

A
It is opened by individuals for the purpose of saving a part of their income.
B
Service Charges are payable in case of Saving Account.
C
It is operated by salary earners, small traders and others.
D
It earns a nominal rate of interest. At present, it is about 5% p.a. (in India).
E
It can be operated with lesser amount.

Question 71Single Answer

Which of the following types of account is a special kind of term deposits in which amounts can be saved on monthly basis?

A
RD Accounts
B
Current Account
C
Saving Account
D
Fixed – Deposit Account
E
None of the above

Question 72Single Answer

Which of the following terms is used in the field of Banking?

A
Depository Receipt
B
Neutraliztion
C
Refraction
D
MRI
E
None of the above

Question 73Single Answer

Reserve Bank of India (RBI) was established in accordance with the provisions of the following acts?

A
Companies Act. 1956
B
Banking Regulation Act, 1949
C
Reserve Bank of India, 1934
D
Reserve Bank of India, 1949
E
None of the above

Question 74Single Answer

Reserve Bank of India came into existence in:

A
April, 1934
B
April, 1935
C
April, 1936
D
June, 1949
E
None of the above

Question 75Single Answer

The RBI was nationalized in:

A
1935
B
1940
C
1949
D
1955
E
1969

Question 76Single Answer

RBI is known as lender of last resort because:

A
It has to meet the credit need of citizens to whom no one else is willing to lend
B
Banks lend to go to RBI as a last resort
C
It comes to help banks in times of crisis
D
All of the above
E
None of the above

Question 77Single Answer

These days RBI uses Selective credit control measures rather infrequently because of:

A
Deregulation of functions
B
Autonomy given to banks
C
Comfortable liquidity
D
Reasonable inflation level
E
All of the above

Question 78Single Answer

Who has the sole right to mint coins in India?

A
RBI
B
SBI
C
SEBI
D
IFCI
E
Government of India

Question 79Single Answer

As per the RBI’s Clean Note Policy, writing on a Currency Notes is:

A
A punishable Offence
B
An Offence
C
A Crime
D
The notes become non-legal tender
E
None of the above

Question 80Single Answer

The central banking institution in India is:

A
State Bank of India
B
Finance Commission of India
C
Reserve Bank of India
D
Ministry of Finance
E
None of the above

Computer Knowledge

Question 81Single Answer

Which Windows interface element typically appears to display information, a warning, an error message, or a request for confirmation?

A
Window
B
Pop-up menu
C
Message box
D
Taskbar

Question 82Single Answer

What is active desktop ?

A
a term that is synonymous with viewing your desktop as web page
B
a feature to customize your desktop to display informating you can update from the internet
C
both a and b above mentioned
D
A software
E
None of these

Question 83Single Answer

What is meant by an active window?

A
A window that is minimized
B
The window currently receiving user input
C
Any window currently open
D
The window opened first

Question 84Single Answer

What was America Online (AOL) primarily known for during the early popularization of consumer Internet access?

A
An online service providing Internet access and proprietary online content
B
A computer operating system
C
A spreadsheet application
D
A database management system

Question 85Single Answer

An application is

A
word processing, accounting and engineering programs are example of application programs
B
computer program designed to enable users to perform specific job functions
C
Both a and b above mentioned
D
a document
E
None of these

Question 86Single Answer

Which of the following programs enables you to calculate numbers related to rows and columns?

A
Window program
B
Spreadsheet program
C
Graphics program
D
Word program
E
None of these

Question 87Single Answer

The term Briefcase is used for

A
a special folder on the windows desktop used to keep documents up to date when shared between computers
B
a window that us currently open
C
A folder which keeps deleted, files for a while and can be retrieved from it
D
All of the above
E
None of these

Question 88Single Answer

In a graphical user interface, what is a button primarily used for?

A
Executing a command or initiating an action
B
Permanently storing data
C
Displaying the computer's IP address
D
Formatting a disk automatically

Question 89Single Answer

A channel (in windows terminology) is

A
a widely used online service that offers access to the internet
B
a specialized web site designed to work with the windows 98 subscribing feature to automatically download information from the internet and store it on your computer for later viewing
C
an area on the computer memory where text or graphics can be temporarily stored
D
All of the above
E
None of these

Question 90Single Answer

What does a checked checkbox generally indicate in a graphical user interface?

A
The associated option is enabled or selected
B
The application has closed
C
The file has been deleted
D
The computer is offline

Question 91Single Answer

The term classic style implies

A
you can click on an item to select it and double click on an item to open it
B
a folder options setting that tells double click on an item to open it
C
both a and b
D
font style
E
None of these

Question 92Single Answer

The term click implies

A
to quickly push and release the main mouse button when onscreen mouse pointer is positioned over the desired item
B
a button in a dialog box
C
to shut down or exit a dialog box
D
All of the above
E
None of these

Question 93Single Answer

What is the primary function of the Close button marked with an X on a window?

A
Minimize the window
B
Close the associated window or application
C
Maximize the window
D
Move the window

Question 94Single Answer

A command button

A
is a one in a dialog box such as open, close, exit OK or cancel that carries out a command
B
is a symbol that designates the position on the screen where text or codes will be inserted or deleted
C
is a sort on screen from where you can open and manages files and programs
D
is a small button with an X on it
E
None of these

Question 95Single Answer

What is smallest unit of the information?

A
A bit
B
A byte
C
A block
D
A nibble

Question 96Single Answer

A cursor is

A
to make a selection from the document from the document and duplicate it on the clipboard
B
a symbol that designated the position on the screen where text or codes will be inserted or deleted
C
pressing and holding the main mouse button
D
A button in a dialog box
E
None of these

Question 97Single Answer

What is a Database Management System (DBMS)?

A
A structured collection of data only
B
Software used to create, manage, retrieve, and update data in databases
C
A physical device for storing database backups
D
A programming language used only for calculations

Question 98Single Answer

The meaning of cut is

A
to take a selection from the document and move it to the clipboard
B
to cut a document in two unequal parts
C
to cut a document in two equal parts
D
Only b and c are correct

Question 99Single Answer

A setting or action predetermined by the program unless changed by the user is called as

A
pre - determined setting
B
user - setting
C
default
D
setting
E
None of these

Question 100Single Answer

The search back ground and main area of windows where you can open and manage files and programs is

A
wall paper
B
desktop
C
background
D
All of the above
E
None of these

Present Economic Scenario & General Awareness

Question 101Single Answer

Yojna a weekly journal

A
Ministry of Finance
B
Ministry of Information and Broadcastin
C
Ministry of Rural Development
D
Planning Commission

Question 102Single Answer

Kurukshetra a journal on rural development is published by

A
Ministry of Finance
B
Ministry of Information and Broadcastin
C
Ministry of Rural Development
D
Planning Commission

Question 103Single Answer

In ruby laser, the stimulated emission is due to transition from

A
metastable state to any lower state
B
any higher state of lower state
C
metastable state to ground state
D
any higher state to ground state

Question 104Single Answer

A direct current I flows along the length of an infinitely long straight thin walled pipe, then the magnetic field is

A
uniform throughout the pipe not zero
B
zero only along the axis of the pipe
C
zero at any point inside the pipe
D
maximum at the centre and minimum at the edge

Question 105Single Answer

10^-6 M NaOH is diluted 100 times. The pH of the diluted base is

A
between 7 and 8
B
between 5 and 6
C
between 6 and 7
D
between 10 and 11

Question 106Single Answer

In the electrolysis of acidulated water, it is desired to obtain 1.12 cc of hydrogen per second under STP condition. The current to be passed is

A
1.93 A
B
9.65 A
C
19.3 A
D
0.965 A

Question 107Single Answer

The respiratory quotient during cellular respiration would depend on

A
the nature of enzymes involved
B
the nature of the substrate
C
the amount of carbon dioxide released
D
the amount of oxygen utilised

Question 108Single Answer

Which of the following is not a green - house gas ?

A
Water vapour
B
Carbon monoxide
C
Methane
D
Oxygen

Question 109Single Answer

Who won the 2024 FIFA Ballon d'Or award?

A
Lionel Messi
B
Cristiano Ronaldo
C
Kylian Mbappé
D
Robert Lewandowski

Question 110Single Answer

The 'One Sun, One World, One Grid' initiative was launched by which organization?

A
United Nations
B
International Solar Alliance
C
World Bank
D
European Union

Question 111Single Answer

Which of the following is NOT a key indicator of economic growth?

A
GDP (Gross Domestic Product)
B
Inflation rate
C
Unemployment rate
D
Per capita income

Question 112Single Answer

What is inflation?

A
A sustained increase in the general price level of goods and services.
B
A decrease in the general price level of goods and services.
C
A period of economic recession.
D
An increase in unemployment.

Question 113Single Answer

Which of the following is a leading economic indicator?

A
Unemployment rate
B
Consumer Price Index (CPI)
C
Industrial production
D
Interest rates

Question 114Single Answer

What is the primary function of the Reserve Bank of India (RBI)?

A
To regulate the banking system in India.
B
To manage the fiscal deficit.
C
To implement government policies.
D
To provide social security benefits.

Question 115Single Answer

What is monetary policy?

A
Government spending and taxation policies.
B
Policies that control the money supply and interest rates.
C
Policies related to international trade.
D
Policies aimed at reducing poverty.

Question 116Single Answer

What is fiscal policy?

A
Government spending and taxation policies.
B
Policies that control the money supply and interest rates.
C
Policies related to international trade.
D
Policies aimed at reducing poverty.

Question 117Single Answer

What is the Repo Rate?

A
The interest rate at which commercial banks borrow from the RBI.
B
The interest rate at which the RBI borrows from commercial banks.
C
The interest rate at which banks lend to their customers.
D
The interest rate at which the government borrows from the RBI.

Question 118Single Answer

What is the Reverse Repo Rate?

A
The interest rate at which commercial banks borrow from the RBI.
B
The interest rate at which the RBI borrows from commercial banks.
C
The interest rate at which banks lend to their customers.
D
The interest rate at which the government borrows from the RBI.

Question 119Single Answer

What is the Cash Reserve Ratio (CRR)?

A
The percentage of deposits that banks must keep as reserves with the RBI.
B
The percentage of deposits that banks can lend out.
C
The interest rate charged by banks on loans.
D
The rate at which the RBI lends to banks.

Question 120Single Answer

What is the Statutory Liquidity Ratio (SLR)?

A
The percentage of deposits that banks must keep as reserves with the RBI.
B
The percentage of deposits that banks must invest in government securities.
C
The interest rate charged by banks on loans.
D
The rate at which the RBI lends to banks.

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