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MODEL QP 5 (FIN INCL) FOR A2B EXAM 2025

Total questions: 93

Worksheet time: 47mins

Name
Class
Date
1.

What is the target coverage under the EDDPE initiative by March 2026?

a)

100% coverage in 80% districts

b)

100% coverage in 100% districts

c)

90% coverage in 70% districts

d)

80% coverage in 100% districts

2.

What is the expansion of GPFI?

a)

Global Partnership for Financial Inclusion (GPFI)

b)

Global Partner for Financial Inclusion (GPFI)

c)

Global Pact for Financial Inclusion (GPFI)

d)

Global Performance for Financial Inclusion (GPFI)

3.

As per the Union Budget 2025-26, credit guarantee for Micro and Small Enterprises and credit guarantee scheme for Start-Ups have been enhanced to Rs._______ and Rs._______ respectively.

a)

Rs.10 crore, Rs.20 crore

b)

Rs.5 crore, Rs.10 crore

c)

Rs.10 crore, Rs.10 crore

d)

Rs.5 crore, Rs.20 crore

4.

What key change was made regarding agricultural loans in the revised PSL directions?

a)

Exclusion of agricultural loans from PSL

b)

Introduction of a target for non-corporate farmers

c)

Complete waiver of agricultural loan interest

d)

Mandatory insurance on farm loans

5.

During the Union Budget 2025-26, GoI has allocated an expenditure of Rs._______ for agriculture segment.

a)

Rs.1.71 lakh crore

b)

Rs.4.91 lakh crore

c)

Rs.2.33 lakh crore

d)

Rs.2.66 lakh crore

6.

The Kisan Credit Card (KCC) provides adequate and timely bank credit to farmers under a single window for Cultivation, Animal Husbandry and ____________, including for consumption, investment and insurance purposes.

a)

Cottage

b)

Khadi

c)

Fisheries

d)

None of the above

7.

What is the maximum loan amount covered under the 14-day turnaround time (TAT) directive issued to SCBs for MSE borrowers?

a)

Rs.10 lakh

b)

Rs.15 lakh

c)

Rs.50 lakh

d)

Rs.25 lakh

8.

With rapid digitalisation of financial services, concerted efforts have been made in the financial literacy space to ease the usage of financial services over the digital platforms for the targeted segments. Accordingly, to promote process literacy along with the concept literacy, the NCFE (National Centre for Financial Education) has developed a financial education handbook for ____________.

a)

Students

b)

Senior Citizens

c)

MSMEs

d)

Women

9.

Union Budget 2025 has proposed issuance of Customised Credit Cards with Rs.________ limit for Micro Enterprises registered on Udyam portal during FY 2025-26.

a)

Rs.5 lakh

b)

Rs.10 lakh

c)

Rs.15 lakh

d)

Rs.25 lakh

10.

Which strategy continued to guide RBI’s efforts on financial inclusion during 2024–25?

a)

Pradhan Mantri Jan Dhan Yojana

b)

National Mission on Financial Literacy

c)

National Strategy for Financial Inclusion (NSFI)

d)

National Strategy for Financial Education (NSFE)

11.

The NCFE, along with other regulators and CBSE, developed progressive educational workbooks for school students of Class __________. These books were created as part of the National Strategy for Financial Education (NSFE) 2020-2025 to develop financial literacy content for schoolchildren.

a)

Class VI-X

b)

Class VI-XII

c)

Class V-X

d)

Class V-IX

12.

What was the Financial Inclusion Index (FI-Index) value in March 2025?

a)

67.0

b)

67.2

c)

67.3

d)

67.4

13.

The Financial literacy camps conducted by the Centres for Financial Literacy (CFLs) aims to achieve certain end-outcomes such as accounts opened / reactivated, pension and insurance linkages and monitoring thereof, is done through data pertaining to the end-outcomes uploaded in the _______________ portal.

a)

Accounted Data Extraction Project (ADEPT)

b)

Audited Data Extraction Project (ADEPT)

c)

Automated Data Extraction Project (ADEPT)

d)

Automatic Data Extraction Project (ADEPT)

14.

During Union Budget 2025-26, Government has proposed to revamp PM-SVANIDHI Scheme with enhanced loans from banks, UPI linked credit cards with Rs.________ limit and capacity building support.

a)

Rs.30,000

b)

Rs.40,000

c)

Rs.50,000

d)

Rs.25,000

15.

Which programme was extended to all districts except two in Andaman and Nicobar Islands and one in Manipur?

a)

RBI90Quiz

b)

NSFI 2025-30

c)

CFL initiative

d)

Expanding and Deepening of Digital Payments Ecosystem (EDDPE)

16.

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

a)

70%

b)

75%

c)

60%

d)

65%

17.

The expansion of CEOBE in connection with PSL is ____________________.

a)

Credit Equivalent of Off-Balance Sheet Exposure (CEOBE)

b)

Credit Equivalent to Off-Balance Sheet Exposure (CEOBE)

c)

Credit Equivalent under Off-Balance Sheet Exposure (CEOBE)

d)

Credit Equivalent on Off-Balance Sheet Exposure (CEOBE)

18.

How many Centre for Financial Literacy (CFL) centres were scaled up across the country in 2024–25?

a)

1,790

b)

2,015

c)

2,421

d)

2,580

19.

Which sector saw a broadening of loan purposes under the revised PSL guidelines?

a)

Education

b)

Renewable Energy

c)

Infrastructure

d)

Housing

20.

As of March 31, 2025, how many districts had achieved 100% EDDPE coverage?

a)

400

b)

600

c)

750

d)

514

21.

Which of the following is not among the 15 states with full district coverage under EDDPE?

a)

Maharashtra

b)

Odisha

c)

Gujarat

d)

Tamil Nadu

22.

As per the latest guidelines on PSL of RBI, within the overall target specified for agriculture, ________% is prescribed for Non-Corporate Farmers (NCFs), out of which a target of ________% is prescribed for SMFs (as % to ANBC or CEOBSE whichever is higher – applicable to SCBs, RRBs and SFBs).

a)

12% and 10%

b)

14% and 10%

c)

14% and 12%

d)

14% and 8%

23.

The period covered under the National Strategy for Financial Education (NSFE) is _______________.

a)

2019-2024

b)

2020-2024

c)

2020-2025

d)

2019-2025

24.

As mentioned in the document of National Strategy for Financial Inclusion (NSFI) 2019-24, the Vision of financial inclusion strategy is to make financial services available, accessible and __________ to all the citizens in a safe and transparent manner to support inclusive and resilient multi-stakeholder led growth.

a)

Affordable

b)

Adoptable

c)

Adjustable

d)

Actionable

25.

Under the revised PSL guidelines, the overall PSL target for Urban Co-operative Banks (UCBs) was revised from:

a)

50% to 70%

b)

60% to 75%

c)

80% to 70%

d)

75% to 60%

26.

The Chairman of the Technical Group on Financial Inclusion and Financial Literacy (TGFIFL) is ____________________.

a)

Governor, RBI

b)

Finance Minister

c)

Deputy Governor, RBI

d)

Secretary, DFS, MoF

27.

As per the RBI norms, loans to FPOs/FPCs of individual farmers where SMFs’ landholding share is NOT less than qualify as SMF lending under PSL.

a)

50%

b)

65%

c)

75%

d)

70%

28.

What is the primary objective of the RBI’s comprehensive review of the Lead Bank Scheme (LBS)?

a)

To digitise rural banking operations

b)

To improve access, usage, and quality of financial services for all

c)

To reduce NPAs in regional rural banks

d)

To centralise cooperative bank governance

29.

Bank credit to registered NBFCs (other than MFIs) towards on-lending for ‘term lending’ component under agriculture will be eligible for PSL classification up to Rs.__________ per borrower.

a)

Rs.10 lakh

b)

Rs.25 lakh

c)

Rs.15 lakh

d)

Rs.20 lakh

30.

Which of the following measures aims to reduce loan processing delays for MSE borrowers?

a)

Introduction of credit scoring algorithms

b)

Delegation of all MSME loan approvals to district-level committees

c)

Mandating uniform TAT of 14 days for loans up to ₹25 lakh

d)

Outsourcing loan evaluations to private agencies

31.

Under PSL, loans to Agriculture Infrastructure are allowed up to an aggregate sanctioned limit of Rs.__________ per borrower.

a)

Rs.50 crore

b)

Rs.75 crore

c)

Rs.100 crore

d)

Rs.25 crore

32.

The RBI had prepared the National Strategy for Financial Inclusion (NSFI) 2019-24 under the aegis of the ____________, to ensure access to financial services to all the citizens in a safe and transparent manner.

a)

Financial Inclusion Advisory Committee (FIAC)

b)

Financial Stability and Development Council (FSDC)

c)

RBI

d)

NABARD

33.

As of March 31, 2025, what was the overall PSL achievement of Scheduled Commercial Banks (SCBs) as a percentage of ANBC/CEOBSE?

a)

43.1%

b)

42.4%

c)

44.4%

d)

40.0%

34.

The RBI in its document on National Strategy for Financial Inclusion (NSFI) 2019-24 mentioned six strategic objectives / pillars namely (i) Universal Access to Financial Services (ii) ______________ (iii) Providing Basic Bouquet of Financial Services (iv) Customer Protection and Grievance Redressal (v) Financial Literacy and Education and (vi) Access to Livelihood and Skill Development. The Strategy also proposes to use technology and adoption of multi-stakeholder approach for realising financial inclusion.

a)

Uplifting poor

b)

Effective co-ordination

c)

Improving standard of living

d)

Removing illiteracy

35.

What is the prescribed target for lending to Weaker Sections for RRBs?

a)

15% of ANBC or CEOBASE

b)

10% of ANBC or CEOBASE

c)

12% of ANBC or CEOBASE

d)

18% of ANBC or CEOBASE

36.

Which of the following segments under KCC witnessed the largest percentage increase in outstanding credit between 2023-24 and 2024-25?

a)

Crop Loan

b)

Total Outstanding Loans

c)

Term Loans

d)

Loan for Animal Husbandry and Fisheries

37.

DAY-NRLM would ensure adequate coverage of vulnerable sections of the society such that ___% of the beneficiaries are SC/STs, ____% are minorities and ______ are persons with disabilities within the overall target.

a)

50%, 15% & 3%

b)

50%, 15% & 5%

c)

50%, 10% & 5%

d)

50%, 15% & 2%

38.

The __________ set up within Bankers Institute of Rural Development (BIRD) takes up research activities in the field of Microfinance and Financial Inclusion.

a)

Centre for Research and Financial Inclusion and Microfinance (CRFIM)

b)

Centre for Research and Financial Inclusion and Management (CRFIM)

c)

Centre for Research and Financial Inclusion and Microcredit (CRFIM)

d)

Centre for Research and Financial Inclusion and Macrofinance (CRFIM)

39.

Keeping in view the rise in agricultural input costs and overall inflation, the limit for collateral-free agriculture loans was raised from ₹1.6 lakh to ₹______ lakh per borrower in December 2024 to further enhance credit availability for small and marginal farmers.

a)

Rs.1.7 lakh

b)

Rs.2.0 lakh

c)

Rs.1.9 lakh

d)

Rs.1.8 lakh

40.

The number _______ is a missed call number used by the Reserve Bank of India (RBI) for its financial education and awareness campaigns. The number is meant to provide information on how to protect oneself from financial fraud, particularly with unauthorized electronic banking transactions.

a)

14440

b)

14448

c)

13330

d)

12228

41.

Which of the following was a major outcome of the revised PSL guidelines effective April 1, 2025?

a)

Withdrawal of PSL norms for NBFCs

b)

Reduction in priority sector targets for all banks

c)

Revision of targets for UCBs and inclusion of more renewable energy loans

d)

Mandating PSL for foreign bank branches only

42.

What is the total PSL target for SFBs as a percentage of ANBC or CEOBSE, whichever is higher?

a)

40%

b)

50%

c)

60%

d)

75%

43.

As mentioned in the Centre for Financial Inclusion website, Financial Inclusion, financial services and microfinance are explicitly mentioned in the targets of _______ of the 17 UN’s Sustainable Development Goals of 2030. Their presence implies that financial services are a means to improve quality of life and suggests that creating financial stability should not be the only goal of financial inclusion.

a)

Seven

b)

Six

c)

Five

d)

Eight

44.

What was the year-on-year (y-o-y) growth rate in SCBs’ outstanding credit to MSMEs during 2024–25?

a)

14.8%

b)

15.5%

c)

13.3%

d)

22.6%

45.

The ____________ has its focus on promoting financial education across the country for all sections of the population under the aegis of the National Strategy for Financial Education (NSFE) for creating financial awareness and empowerment through financial education campaigns across the country in the form of seminars, workshops, conclaves, trainings, programs, campaigns, etc.

a)

National Council for Financial Education (NCFE)

b)

National Centre for Financial Education (NCFE)

c)

National Company for Financial Education (NCFE)

d)

National Cooperation for Financial Education (NCFE)

46.

As per the latest guidelines, bank loans up to a limit of Rs._______ crore to borrowers for renewable energy-based power generators and for renewable energy based public utilities, viz., street lighting systems, remote village electrification, etc. will be eligible for Priority Sector Lending classification.

a)

Rs.25 crore

b)

Rs.30 crore

c)

Rs.100 crore

d)

Rs.35 crore

47.

Which of the following private sector banks has been assigned lead bank responsibility?

a)

HDFC Bank and Axis Bank

b)

ICICI Bank and Yes Bank

c)

ICICI Bank and Jammu & Kashmir Bank

d)

Axis Bank and Jammu & Kashmir Bank

48.

As announced by Govt. of India, what is the revised loan amount eligible under PM SVANidhi Scheme in 1st tranche and 2nd tranche?

a)

Rs.10,000/- and Rs.20,000/- respectively

b)

Rs.15,000/- and Rs.25,000/- respectively

c)

Rs.10,000/- and Rs.25,000/- respectively

d)

Rs.15,000/- and Rs.20,000/- respectively

49.

The RBI in its document on National Strategy for Financial Inclusion (NSFI) 2019-24 said that one of the action plans and milestones under Providing Basic Bouquet of Financial Services is to make the ____________ fully operational by March 2022 so that authorised financial entities can leverage on the same for assessing credit proposals from all citizens.

a)

Public Credit Registry (PCR)

b)

Public Credit Registry (PCR)

c)

Public Credit Registry (PCR)

d)

Public Credit Registry (PCR)

50.

In 2024–25, what was the total outstanding bank credit to the MSME sector?

a)

₹21.3 lakh crore

b)

₹27.3 lakh crore

c)

₹22.6 lakh crore

d)

₹31.3 lakh crore

51.

A ‘Banking Outlet’ for a bank is a fixed-point service delivery unit, manned by either bank’s staff or its BC where services of acceptance of deposits, encashment of cheques / cash withdrawal or lending of money are provided for a minimum of ____ hours per day for at least 5 days a week.

a)

2 hours

b)

4 hours

c)

5 hours

d)

3 hours

52.

Which bank group had the highest PSL percentage to ANBC/CEOBSE during 2024–25?

a)

PvSBs

b)

PSBs

c)

FBs

d)

All had equal PSL

53.

The RBI has prepared the National Strategy for Financial Inclusion (NSFI) 2019-24. It is an approach paper to accelerate financial inclusion to promote economic wellbeing, prosperity and ________________.

a)

Sustainable Growth

b)

Sustainable Credit

c)

Sustainable Inclusion

d)

Sustainable Development

54.

Loans up to a limit of Rs.____________ per borrower for building health care facilities in Tier II to Tier IV centres are eligible for PSL classification.

a)

Rs.8 crore

b)

Rs.10 crore

c)

Rs.12 crore

d)

Rs.15 crore

55.

As of March 31, 2025, the EDDPE programme achieved 100% coverage in more than 60% of districts. Which of the following statements is true?

a)

It excludes all districts in Jammu & Kashmir and Ladakh

b)

It covers all districts in 15 states and six union territories

c)

It is limited to urban districts only

d)

It is implemented only in Tier-2 and Tier-3 cities

56.

Based on good track record and financial position of MSE Units, banks may increase collateral-free loan limit up to _______.

a)

Rs.25 lakh

b)

Rs.15 lakh

c)

Rs.20 lakh

d)

Rs.50 lakh

57.

The implementation of strategies laid down in the document of National Strategy for Financial Education (NSFE) 2020-25 would be directly monitored by the ____________________.

a)

Finance Minister

b)

FSDC

c)

RBI

d)

TGFIIL

58.

The number of operative KCCs declined by ________% during 2024-25 over the previous year.

a)

2.5%

b)

2.3%

c)

2.7%

d)

2.1%

59.

Who was the Chairman for the RBI’s Committee on Financial Inclusion, 2008?

a)

Dr. C Rangarajan

b)

Dr. Raghuram Rajan

c)

Dr. Bimal Jalan

d)

Dr. S S Tarapore

60.

What was one of the key milestones of the NSFI: 2019–24 in terms of geographic banking access?

a)

Digital banking availability in all towns

b)

Bank branch in every panchayat

c)

Banking access to every village within 5 km radius/hamlet of 500 households in hilly areas

d)

Universal ATM coverage in rural India

61.

As per the World Bank Global Findex 2021, _____________ adults remained unbanked globally.

a)

1.4 billion

b)

1.7 billion

c)

1.5 billion

d)

1.9 billion

62.

A critical challenge in achieving financial inclusion in developing countries is the low uptake of digital financial services, despite the availability of mobile banking platforms. This phenomenon is most likely linked to ____________.

a)

Insufficient access to smartphones and the internet

b)

High transaction costs associated with digital payments

c)

Lack of trust in digital platforms due to security concerns

d)

All of the above

63.

As per the latest data, how many districts are covered under the lead bank scheme?

a)

640

b)

721

c)

820

d)

782

64.

A core objective of the National Strategy for Financial Education (NSFE) 2020-2025 in India is to equip school-going children with financial knowledge. This initiative is most effectively achieved through _______________.

a)

Providing financial education only to students in commerce streams

b)

Distributing financial literacy pamphlets in schools

c)

Integrating financial education modules into the existing school curriculum

d)

Offering financial training only to school teachers

65.

Under PSL, loans against warehouse receipts other than NWRs / eNWRs are allowed up to Rs._____________.

a)

Rs.60 lakh

b)

Rs.90 lakh

c)

Rs.50 lakh

d)

Rs.70 lakh

66.

Why are banks instructed to display all credit-related information under a separate tab on their websites?

a)

To comply with RTI regulations

b)

To ensure higher cybersecurity standards

c)

To enhance transparency and assist MSE borrowers

d)

To promote digital banking

67.

Financial literacy initiatives aimed at combating financial fraud, such as the RBI's SMS campaign, primarily target which aspect of consumer behaviour?

a)

Promoting investment in mutual funds

b)

Raising awareness of fraudulent schemes and protecting consumer interests

c)

Encouraging participation in the stock market

d)

Offering incentives for opening new bank accounts

68.

As of December 2024, what was the year-on-year growth rate in aggregate balance in BSDBA accounts?

a)

11.9%

b)

15.3%

c)

9.5%

d)

10.2%

69.

Which sub-index contributed the most to the improvement in the FI-Index in March 2024?

a)

FI-Access

b)

FI-Stability

c)

FI-Quality

d)

FI-Usage

70.

How many total Milestones are there under NSFI 2019-24?

a)

18

b)

17

c)

19

d)

16

71.

What was the theme of Financial Literacy Week (FLW) 2025?

a)

Financial Literacy – Youth Empowerment

b)

Digital Finance – Safe and Secure

c)

Financial Literacy – Women’s Prosperity

d)

Inclusive Banking – Rural Outreach

72.

What key improvement has been mandated to enhance transparency in the loan application process for MSMEs?

a)

Furnishing a checklist of required documents and reason(s) for loan rejection

b)

Removal of interest rate ceilings

c)

Elimination of the requirement for audited financials

d)

Introduction of mobile-only application procedures

73.

In terms of absolute value of PSL for 2024–25, which bank group lent the most?

a)

PvSBs

b)

PSBs

c)

FBs

d)

RRBs

74.

The EDDPE programme excluded districts from which of the following Union Territories/States?

a)

Delhi and Puducherry

b)

Two districts in Ladakh and three in Mizoram

c)

One district in Dadra and Nagar Haveli

d)

Two districts in Andaman & Nicobar Islands and one district in Manipur

75.

As of March 31, 2025, how many states and Union Territories have fully achieved the NSFI milestone?

a)

27 States and 7 UTs

b)

26 States and 9 UTs

c)

27 States and 8 UTs

d)

28 States and 6 UTs

76.

What was the funding source for the CFL pilot project?

a)

State government budget and SIDBI

b)

Reserve Bank of India and Ministry of Finance

c)

International Development Agencies

d)

Financial Inclusion Fund (FIF) of NABARD and sponsor banks

77.

In the Global Findex Database 2021, which region recorded the highest gender gap in financial account ownership?

a)

East Asia and Pacific

b)

Sub-Saharan Africa

c)

South Asia

d)

Latin America and the Caribbean

78.

What was the name of the quiz competition conducted by the Reserve Bank to commemorate its 90th year?

a)

RBI90Quiz

b)

RBI Gyaan Quiz

c)

RBI Smart Minds

d)

RBI Financial Challenge

79.

One of the key goals for 2025–26 is the review of which index related to financial inclusion?

a)

Consumer Confidence Index

b)

Financial Inclusion Index (FI-Index)

c)

MSME Credit Index

d)

Rural Banking Index

80.

What role do CFLs (Centres for Financial Literacy) play in the NSFI strategy?

a)

Serve as hubs for community-level financial education

b)

Provide regulatory training to bankers

c)

Issue micro-loans in rural areas

d)

Regulate NBFC activity

81.

What percentage of the identified villages/hamlets across the country have been covered under the NSFI target as of March 2025?

a)

98.5%

b)

100%

c)

95.75%

d)

99.99%

82.

According to the revised definition, which authority's identification is now used to recognize MSE clusters?

a)

National Credit Guarantee Trustee Company

b)

RBI and SEBI jointly

c)

Ministry of MSME and state governments

d)

NITI Aayog

83.

What was the total PSL amount by all SCBs in 2024–25?

a)

Rs.58.5 lakh crore

b)

Rs.65.7 lakh crore

c)

Rs.63.2 lakh crore

d)

Rs.69.5 lakh crore

84.

Which MSME segment received the highest amount of outstanding credit in 2024–25?

a)

Micro Enterprises

b)

Small Enterprises

c)

Medium Enterprises

d)

Large Enterprises

85.

The FI-Index uses data collated from which of the following sectors?

a)

Only banking

b)

Only insurance and pension

c)

Only government schemes

d)

Banking, investments, insurance, postal and pensions

86.

Under the revised PSL guidelines, the individual loan ceiling for woman beneficiary increased to Rs._____________.

a)

Rs.1 lakh

b)

Rs. 2 lakhs

c)

Rs.1.5 lakh

d)

Rs.2.5 lakh

87.

What unique feature was introduced during FLW 2025 to enhance accessibility?

a)

Use of AI-powered chatbots

b)

Cash prizes for quiz participants

c)

Availability of messages in Indian Sign Language (ISL)

d)

Door-to-door financial literacy campaigns

88.

The revised cluster financing guidelines aim to address which of the following?

a)

Increase collateral requirements for MSE loans

b)

Improve credit penetration in government-identified MSE clusters

c)

Merge urban and rural financing schemes

d)

Expand foreign credit lines for micro-enterprises

89.

What was the format of the RBI90Quiz competition?

a)

Online stage followed by national final

b)

Only written tests

c)

State-wise physical rounds only

d)

Audio-visual rounds at zonal centres

90.

Under the 2025–26 agenda, the Department aims to strengthen outreach and inclusion for which sector?

a)

Housing Finance

b)

Startups

c)

MSMEs

d)

Large Corporates

91.

Under the 2025–26 agenda, the Department aims to achieve 100% coverage in what percentage of districts across the country under the EDDPE initiative?

a)

70%

b)

75%

c)

85%

d)

80%

92.

Which of the following best represents the policy intent behind the NSFI geographic milestone?

a)

Promoting fintech start-ups in metro cities

b)

Ensuring inclusive credit access and financial services in rural and remote areas

c)

Reducing digital payment fraud in urban areas

d)

Expanding ATM networks in semi-urban towns

93.

What was the combined number of MSME credit accounts in 2024–25?

a)

245.3 lakh

b)

251.4 lakh

c)

277.2 lakh

d)

205.3 lakh