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Daily MCQ Quiz

1. Prompt Corrective Action (PCA) framework is invoked on banks when they breach regulatory trigger points. What are those regulatory trigger points?
  1. Capital to Risk weighted Asset ratio
  2. Net Non-performing Assets
  3. Return of Assets
Select the correct option using codes given below
2. What Action plan banks have to take under Prompt corrective Action (PCA):
  1. Cut lending to Corporates
  2. Reducing Concentration of loans to certain sectors
  3. Banks allowed to opening new branches
  4. Paying dividends
Select the Correct answer using codes given below
3. Recently Section 7 of the RBI Act was in news. In this context consider the following Statements:
  1. Section 7 of the RBI Act empowers government to issue directions to the central bank.
  2. The Central government can give directions to the central bank without consulting RBI governor.
  3. The section has been used three time till now.
Select the Incorrect statement using codes given below
4. Recently, the Finance Ministry of the Government of India proposed to merge three state run banks to create the third largest bank in India. What are the name of those banks?
5. What are the Perceived Benefits of merger of banks?
  1. Merging will make the banks stronger and sustainable
  2. will increase their lending ability
  3. will improve in their operational efficiency
Select the correct option using codes given below
6. Which of the following genetic disorders in human beings is/are sex-linked
  1. Down syndrome.
  2. Thalassemia
  3. Haemophilia
Select the correct answer using the codes given below.
7. Transfusion of which of the following component of blood is done during high risk dengue fever?
GS Paper 1 GS-1
GS Paper 1 GS-2
GS Paper 1 GS-3
GS Paper 1 GS-4
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