In April 2017, five associate banks and Bharatiya Mahila Bank were merged with the State Bank of India (SBI). What is the approximate Balance sheet size of SBI following the merger?

Which of the following statements are true in context of scheduled banks?
1. All banks which are included in the Second Schedule to the Reserve Bank of India Act, 1934 are Scheduled Banks.
2. These banks comprise Scheduled Commercial Banks and Scheduled Co-operative Banks.
3. Scheduled Commercial Banks in India are categorized into five different groups - SBI, Nationalised Banks, Regional Rural Banks, Foreign Banks and Other Indian Scheduled Commercial Banks in the private sector.
4. Scheduled Co-operative Banks consist of Scheduled State Co-operative Banks and Scheduled Urban Co-operative Banks.

A

1, 2 and 3

B

2, 3 and 4

C

1, 2 and 4

D

1, 2, 3 and 4

Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.

A

BDFACEG

B

BFDCAGE

C

EGACDFB

D

FDBGECA

Defining green banking is relatively easy. It means promoting environment -friendly practices and reducing your carbon footprint from your banking activities. This comes in many forms : using online banking instead of branch banking; paying bills online, opening up CDs (certificates of deposit) and money market accounts at online banks instead of large multi-branch banks. A green bank takes the biggest steps to support local green initiatives. Any combination of the above personal banking practices can help the environment. In this respect, online banks and smaller community banks have better track records than larger banks .However, these larger banks may be induced to go green . According to the passage, larger, multi -branch banks .

A

can never become green banks .

B

can become green banks if they reduce the number of branches and eliminate the use of paper .

C

can become green banks if they can greatly reduce or eliminate carbon footprint form their banking activities.

D

can become green banks if they support local green initiatives

Which of the following statement/s is/are correct?
1. Payment bank cannot issue credit cards.
2. There is a limit on maximum balance of individual customer in payment bank.
3. SLR requirements for payment banks and small banks is less than commercial banks.
4. Priority sector lending up to 40% is mandatory for both private banks and small banks.

A

1, 2 and 4

B

3 and 4

C

1 and 2

D

All of the above

Which of the following statements are true in context of Statutory Liquidity Ratio (SLR)?
1. They are regulated under Banking Regulation Act 1949.
2. It is mandatory for all scheduled commercial banks, local area banks, Primary (Urban) co-operative banks (UCBs), state co-operative banks and central co-operative banks in India to maintain the SLR.
3. Banks get a return on SLR.

A

1 and 3 are correct

B

2 and 3 are correct

C

1 and 2 are correct

D

1, 2 and 3 are correct

Which of the following statements are true in context of Development Financial Institutions (DFls) in few years after economic reforms in 1991?
1. DFls such ICICI, IDBI and IFCI had a huge pile of bad loans.
2. DFls no longer had access to low-cost long-term funds from the government or the central bank to finance large infrastructure projects. They were forced to borrow at higher rates from the market.
3. Banks began financing infrastructure projects, that was actually out of their mandate.
4. RBI established a committee under S. H. Khan for transition of DFIs into universal banks.
5. ICICI Bank and IDBI went for reverse merger in a quest to create Universal Banks.

A

1, 2, 3 and 4

B

2 and 3

C

2, 3, 4 and 5

D

1, 2, 3, 4 and 5

Reserve Bank of India controls the activities of which of the following banks in India?
1. Commercial banks
2. Cooperative banks
3. Foreign banks
4. Rural banks

A

1, 2 and 3

B

1, 3 and 4

C

2, 3 and 4

D

All of the above

Reserve Bank of India controls the activities of some of the following banks in India:
1. Commercial Banks
2. Cooperative Banks
3. Foreign Banks
4. Rural Banks

A

1, 2 and 3

B

1, 3 and 4

C

2, 3 and 4

D

1, 2, 3 and 4

Identity the correct combination of statements with regard to banking in India:
1. The Presidency banks had acted as quasi - central banks for many decades in India.
2. The Bank of Hindustan was liquidated during 1829-32.
3. General Bank of India was an unsuccessful bank and was dissolved in 1791.
4. Bank of Calcutta was renamed as Bank of Bengal in 1921.

A

1, 2 and 3

B

2, 3 and 4

C

1, 2 and 4

D

1, 2, 3 and 4

Identify the correct combination of statements with regard to banking in India.
1. For many years the presidency banks had acted as quasi-central banks.
2. The Bank of Hindustan was liquidated during 1829-32.
3. General Bank of India was an unsuccessful bank and was dissolved in 1791.
4. Bank of Calcutta was renamed as Bank of Bengal in 1921.

A

1, 2 and 3

B

2, 3 and 4

C

1, 2 and 4

D

1, 2, 3 and 4