MODEL QP 1 FOR A2B EXAM 2025

The RBI in April 2024 published guidelines for voluntary conversion of Small Finance Banks (SFBs) into Universal Banks. In this regard, the RBI in August 2025 granted ‘in-principle’ approval to __________ for transitioning from SFB to a Universal Bank. It is the first SFB to receive the approval from RBI towards conversion to a Universal Bank.

• AU SFB

• Jana SFB

• Ujjivan SFB

• Bandhan SFB

As per the RBI’s latest guidelines on Project Finance, pre-dominant source of repayment for the project loan as envisaged at the time of financial closure must be at least _____% from cash flows arising from the project which is being financed, and all the lenders should have a common agreement with the debtor.

• 75%

• 49%

• 51%

• 66%

In the context of the Reserve Bank’s amendments to its Master Directions on credit and debit cards issued in 2024, what does the term “Form Factor” refer to?

• The physical design of the card, such as its shape and color

• A physical or virtual instrument used in place of a card to undertake a payment or banking transaction

• The regulatory framework governing credit card co-branding partnerships

• The authentication process for payments towards credit card dues

As per the RBI’s latest FREE-AI Committee Report, Generative AI is poised to improve banking operations in India by up to _______% . The AI can help FIs better understand customer behaviour, improve efficiency, and offer more personalised services at scale.

• 46%

• 25%

• 72%

• 38%

Name the Chairperson of Advisory Group on Regulation (AGR) recently constituted at RBI to review its regulations?

• Shri Shyam Srinivasan

• Shri T T Srinivasaraghavan

• Shri Rana Ashutosh Kumar Singh

• Shri Gautam Thakur

As mentioned in the RTP 2023-24, the European Central Bank (ECB) changed its monetary policy operational framework with effect from September 2024. ______________ is now the de facto policy rate through which the ECB will steer its monetary policy stance, as compared to the main refinancing operations (MROs) rate, which was the earlier policy rate.

• Deposit Facility Rate (DFR)

• Standing Deposit Facility Rate (SDR)

• Deposit Flexible Rate (DFR)

• Standing Deposit Flexible Rate (SDR)

As per the RBI’s revised guidelines on Microfinance loans, NBFC-MFIs asset portfolio should consist of ________% of their total exposure, under qualifying assets.

• 70%

• 75%

• 60%

• 65%

The S&P Global, after 18 years, in August 2025 upgraded India’s sovereign rating to ‘______’ from ‘BBB-’ due to India’s continued policy stability and high infrastructure investment supporting country’s long-term growth prospects.

• A+

• B+

• BBB

• BB

The Supervisory Data Quality Index (sDQI) that measures data quality in terms of the Accuracy, Timeliness, Completeness and Consistency in the submission of returns by the SCBs. sDQI of SCBs as of March 2025 and June 2025 stands at __________ and _______ respectively.

• 89.3 and 89.9

• 88.5 and 89.3

• 87.4 and 88.5

• 83.9 and 87.4

What is the meaning of “Last mile of Disinflation” as mentioned in the RBI’s latest Report on Trend and Progress (RTP) of Banking in India 2023-24?

• Bringing the inflation rate below 4%

• Alignment with the inflation targets

• Controlling the Core Inflation

• Controlling the Food Inflation