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Current Affairs/MCQ Quiz/Banking/Part 1
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Banking Exam Current Affairs — Part 1

March – April 2025 Current Affairs

100 original MCQs • Mar–Apr 2025 • Medium difficulty

Attempt each question first, then click Show Answer to reveal the correct option with full explanation.

Page 1 of 10 • 10 questions

Q1.The 'Union Budget 2025-26' presented in February 2025 increased the income tax rebate limit to:

medium

Economy/Banking

(A)Rs. 5 lakh
(B)Rs. 7 lakh
(C)Rs. 12 lakh
(D)Rs. 15 lakh

Q2.The repo rate as of March 2025 (after RBI's rate cut) was:

medium

Banking

(A)5.90%
(B)6.00%
(C)6.25%
(D)6.50%

Q3.Which public sector bank merged with State Bank of India (SBI) in 2017?

medium

Banking

(A)Bank of Baroda
(B)Vijaya Bank
(C)State Bank of Bikaner & Jaipur
(D)Syndicate Bank

Q4.SEBI (Securities and Exchange Board of India) regulates:

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Financial Regulators

(A)Commercial banks
(B)Insurance companies
(C)Capital markets and stock exchanges
(D)Non-banking finance companies (NBFCs)

Q5.The 'MCLR' (Marginal Cost of Funds based Lending Rate) replaced which earlier rate system?

medium

Banking

(A)PLR (Prime Lending Rate)
(B)Base Rate
(C)BPLR
(D)LIBOR

Q6.The Pahalgam terror attack on April 22, 2025 killed how many tourists?

medium

Current Affairs

(A)12 tourists
(B)18 tourists
(C)26 tourists
(D)35 tourists

Q7.What is the full form of NABARD?

easy

Banking

(A)National Bank for Agriculture and Rural Development
(B)National Agriculture and Business Recovery Development
(C)National Authority for Banking and Rural Development
(D)New Age Banking and Rural Development

Q8.The 'Capital Adequacy Ratio (CAR)' under Basel III norms requires banks to maintain minimum:

hard

Banking Regulation

(A)6% of risk-weighted assets
(B)8% of risk-weighted assets
(C)10.5% of total capital ratio
(D)12% of total assets

Q9.Which of the following is NOT a function of the Reserve Bank of India (RBI)?

medium

RBI Functions

(A)Issuing currency notes
(B)Banker to the Government
(C)Regulating commercial banks
(D)Managing stock market

Q10.The 'Priority Sector Lending' (PSL) guidelines require scheduled commercial banks to lend at least ___ % of their Adjusted Net Bank Credit (ANBC) to priority sectors:

medium

Banking Regulation

(A)30%
(B)35%
(C)40%
(D)45%
0 of 10 answers revealed on this page