Banking Awareness
✨ Login to trackmedium importance2 formulas⚡ 12 shortcuts6 subtopics
Exam-level questions worked step by step. Try each one yourself first — then expand the solution and compare routes.
Q1.
Which one of the following is NOT a function of the Reserve Bank of India?
Q2.
Consider the following statements about payments banks in India:
- They can accept deposits up to ₹2 lakh per customer.
- They can issue credit cards to their customers.
- They cannot undertake lending activities.
Which of the statements are correct?
Q3.
In its August 2026 monetary policy review, the RBI kept the repo rate unchanged at 5.25%. Under the liquidity framework, the Marginal Standing Facility (MSF) rate at that time was:
Q4.
Which one of the following pairs is correctly matched?