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1.
A bank has NDTL of ₹ 2,75,000 crore. Using the CRR and SLR as on 14 Oct 2026 (3% and 18%), its total CRR + SLR requirement is:
Correct Answer: B [₹ 57,750 crore]
Explanation:
21% of 2,75,000 = ₹ 57,750 crore.
2.
CRR is cut by 50 bps. For a bank with NDTL of ₹ 4,00,000 crore, how much is released?
Correct Answer: A [₹ 2,000 crore]
Explanation:
0.5% of 4,00,000 = ₹ 2,000 crore.
3.
If the policy repo rate were 6.75% with the present corridor, the SDF and MSF rates would respectively be:
Correct Answer: E [6.50% and 7.00%]
Explanation:
SDF = repo − 25 bps; MSF = repo + 25 bps.
4.
Match the rate with its value as on 14 October 2026:
(i) Policy repo rate (ii) SDF rate (iii) MSF rate (iv) Fixed reverse repo rate
(p) 3.35% (q) 5.25% (r) 5.75% (s) 5.50%
(i) Policy repo rate (ii) SDF rate (iii) MSF rate (iv) Fixed reverse repo rate
(p) 3.35% (q) 5.25% (r) 5.75% (s) 5.50%
Correct Answer: D [i-s, ii-q, iii-r, iv-p]
Explanation:
Repo 5.50, SDF 5.25, MSF 5.75, fixed reverse repo 3.35 (RBI home page).
5.
About the inflation-targeting framework, which is/are correct?
I. The 4% target has been retained for 1 April 2026 – 31 March 2031.
II. The target was first notified on 5 August 2016.
III. The lower tolerance limit is 3%.
I. The 4% target has been retained for 1 April 2026 – 31 March 2031.
II. The target was first notified on 5 August 2016.
III. The lower tolerance limit is 3%.
Correct Answer: D [Only I and II]
Explanation:
I and II true; III false – the lower limit is 2%.
6.
How many of these absorb liquidity: CRR hike, OMO sale, MSF borrowing, repo, SDF deposit?
Correct Answer: C [3]
Explanation:
CRR hike, OMO sale and SDF deposit take money into the RBI; MSF and repo inject.
7.
Arrange from highest to lowest (values as on 14 Oct 2026): (P) SDF rate (Q) MSF rate (R) Fixed reverse repo rate (S) Policy repo rate
Correct Answer: A [Q → S → P → R]
Explanation:
MSF 5.75 → repo 5.50 → SDF 5.25 → fixed reverse repo 3.35.
8.
Reverse question: the rate at which the RBI buys or rediscounts bills of exchange, which is also the penal rate for CRR/SLR shortfalls, is the:
Correct Answer: B [Bank Rate]
Explanation:
RBI definition of the Bank Rate (Section 49).
9.
Treasury bills of the Government of India are issued for which tenures?
Correct Answer: E [91, 182 and 364 days]
Explanation:
T-bills: 91-day, 182-day and 364-day, issued at a discount.
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