ipradyumnas

RBI-01 General Awareness Question 1 of 200

All digital transactions below _______ can be done without any need of One Time Password.

a) Rs. 2000
b) Rs.1000
c) Rs. 500
d) Rs. 2500
e) Rs. 1500

Unattempted

Correct Choice : a
Solution :

Reserve Bank of India has removed the two-step authentication protocol for sub-Rs 2000 transactions. All
digital transactions below Rs 2000 can be done without any need of One Time Password.

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RBI-01 General Awareness Question 2 of 200

Wholesale Price Index (WPI) stood at ______ per cent during 2018-19, as per Economic survey, 2018-
19.

a) 4.3
b) 4.8
c) 3.8
d) 3.3
e) 5.3

Unattempted

Correct Choice : a
Solution :

The economy witnessed a gradual transition from a period of high and variable inflation to more stable and
low level of inflation in the last five years.

1. Headline inflation based on the Consumer Price Index - Combined (CPI-C) has been declining
continuously for the last five years.

2. Food inflation based on Consumer Food Price Index (CFPI) declined to a low of 0.1 per cent during the
2018-19.

3. Wholesale Price Index (WPI) stood at 4.3 per cent during 2018-19.

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RBI-01 General Awareness Question 3 of 200

Victor Axelsen clinched India Open 2019 badminton tournament, beating________ in final.

a) Lin Dan
b) Kidambi Srikanth
c) Chen Long
d) Lee Chong Wei
e) P Kashyap

Unattempted

Correct Choice : b
Solution :

Victor Axelsen beat Kidambi Srikanth to win India Open 2019 badminton tournament. In women's singles,
Thailand's Ratchanok Intanon created history by becoming the first women's singles shuttler to win the title
three times beating He Bingjiao.

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RBI-01 General Awareness Question 4 of 200

Where is the Magadi Bird Sanctuary situated?

a) Karnataka
b) Kerala
c) Uttarakhand
d) Tamil Nadu
e) Telangana

Unattempted

Correct Choice : a
Solution :

Magadi Bird Sanctuary is situated in Karnataka.

Ranganathittu Bird Sanctuary, Attiveri Bird Sanctuary, Bankapura Peacock Sanctuary, Bonal Bird Sanctuary &
Ghataprabha Bird Sanctuary are some other bird sanctuaries situated in Karnataka.

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RBI-01 General Awareness Question 5 of 200

Foreign exchange earnings (FEEs) from tourism in India stood at __________ in the period of 2018-19.

a) $37.7 billion
b) $27.7 billion
c) $27.7 million
d) $17.7 million
e) $27.7 million

Unattempted

Correct Choice : b
Solution :

As per the World Tourism Barometer of the United Nation's World Tourism Organization , International
Tourist Arrivals (ITA) reached a total of 1.3 billion in 2017. The Foreign Tourist Arrivals (FTAs) in 2018-19
stood at 10.6 million. Foreign exchange earnings (FEEs) from tourism stood at US$27.7 billion in 2018-19.

Tamil Nadu , Uttar Pradesh, Karnataka , Andhra Pradesh and Maharashtra were the top 5 destination
States.

Ministry of Tourism launched the 'National Mission on Pilgrimage Rejuvenation and Spiritual, Heritage
Augmentation Drive' (PRASHAD) in January 2015 with the objective of pilgrimage infrastructure at selected
important pilgrimage destinations. Under the Swadesh Darshan Scheme, the Ministry of Tourism has
identified 15 thematic circuits for development namely: Himalayan Circuit, North East Circuit etc.

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RBI-01 General Awareness Question 6 of 200

Union government has proposed to spend Rs 27,86,349 crore in 2019-20, which is ______ above the
revised estimate of 2018-19.

a) 11.4%
b) 14.4%
c) 13.4%
d) 8.4%
e) 3.4%

Unattempted

Correct Choice : c
Solution :

Expenditure: The government proposes to spend Rs 27,86,349 crore in 2019-20, which is 13.4% above the
revised estimate of 2018-19.

Receipts: The receipts (other than net borrowings) are expected to increase by 14.2% to Rs 20,82,589
crore, owing to higher estimated revenue from corporation tax and dividends.

GDP growth: The government has assumed a nominal GDP growth rate of 12% (i.e., real growth plus
inflation) in 2019-20. The nominal growth estimate for 2018-19 was 11.5%.

Deficits: Revenue deficit is targeted at 2.3% of GDP, which is higher than the revised estimate of 2.2% in
2018-19. Fiscal deficit is targeted at 3.3% of GDP, lower than the revised estimate of 3.4% in 2018-19. Note

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RBI-01 General Awareness Question 7 of 200

SBI Life Insurance in and which Chennai-headquartered Bank, in August, 2019 have entered into a
bancassurance pact to offer holistic financial planning solutions to the latter’s customers?

a) Federal Bank
b) South Indian Bank
c) Indian Overseas Bank
d) Canara Bank
e) Indian Bank

Unattempted

Correct Choice : e
Solution :

State-owned Indian Bank has signed a bancassurance partnership with SBI Life Insurance.

The partnership will see over 2,851 branches of Indian Bank across the country offer SBI Life’s products,
including health, life and savings to companies and individuals. SBI Life will work with the Chennai
headquartered-Indian Bank to ensure sales training and product support.

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RBI-01 General Awareness Question 8 of 200

RCEP was recently in News. What does 'P' denote in RCEP?

a) Partnership
b) Protection
c) Performance
d) Poverty
e) Pact

Unattempted

Correct Choice : a
Solution :

The Regional Comprehensive Economic Partnership (RCEP) is a proposed free trade agreement between
the ten member states of the Association of Southeast Asian Nations and its six FTA partners.

RCEP negotiations were formally launched in November 2012 at the ASEAN Summit in Cambodia.

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RBI-01 General Awareness Question 9 of 200

The banks should achieve a target of 10% of Adjusted Net Bank Credit in _______________ category of
Priority Sector Lending.

a) MSME
b) Agriculture
c) Weaker sections
d) Housing
e) Renewable Energy

Unattempted

Correct Choice : c
Solution :

Under Priority Sector Lending, 10 percent of Adjusted Net Bank Credit (ANBC) should be achieved by the
banks in Weaker Sections.

18 per cent of ANBC should be achieved in the Agriculture category by the banks.

For the MSME category, 7.5 percent of ANBC should be achieved by banks.

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RBI-01 General Awareness Question 10 of 200

ICAAP helps banks in India to assess the capital requirement under BASEL norms. What is 'I' in ICAAP?

a) Industry
b) Internal
c) Investment
d) Integrated
e) Initial

Unattempted

Correct Choice : b
Solution :

In terms of the guidelines on BASEL II, the banks are required to have a board-approved policy on Internal
capital adequacy assessment process (ICAAP) to assess the capital requirement as per ICAAP at the solo as
well as consolidated level.

The ICAAP is required to form an integral part of the management and decision-making culture of a bank.
ICAAP document is required to clearly demarcate the quantifiable and qualitatively assessed risks.

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RBI-01 General Awareness Question 11 of 200

___________________ number is a 22 character code used to uniquely identify a transaction in RTGS

system.

a) UTR
b) LEI
c) Aadhaar
d) IFSC Code
e) UAN

Unattempted

Correct Choice : a
Solution :

UTR number stands for Unique Transaction Reference number. It is used for identifying a particular
transaction in India. It is a unique number that is generated for recognizing any fund transfer and is created by
the bank that facilitates the transfer. The main purposes of a UTR number is to identify and monitor financial
transactions. UTR number can be used to track your fund transfers if they are stuck, taking more time than
usual, or if you just want to refer an earlier transaction.

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RBI-01 General Awareness Question 12 of 200

The Reserve Bank of India has advised SCBs to appoint Internal Ombudsman under the section 35A of
_______________.

a) Banking Companies Act, 1970

b) Banking Ombudsman Act, 2006
c) Banking Regulation Act, 1949
d) Reserve Bank of India Act, 1934
e) None of these

Unattempted

Correct Choice : c
Solution :

Reserve Bank of India advised all public-sector and select private and foreign banks to appoint Internal
Ombudsman (IO) as an independent authority to review complaints that were partially or wholly rejected by the
respective banks.

RBI has reviewed the arrangement and issued revised directions under Section 35 A of the Banking
Regulation Act, 1949 in the form of 'Internal Ombudsman Scheme, 2018'.

All Scheduled Commercial Banks in India having more than ten banking outlets (excluding Regional Rural
Banks) are required to appoint IO in their banks.

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RBI-01 General Awareness Question 13 of 200

Given below is a combination of national parks and its located states. Which among the following
combination is not true?

a) Balphakram National Park-Meghalaya

b) Anshi National Park-Telangana
c) Bhitarkanika National Park-Odisha
d) Desert National Park-Rajasthan
e) Dudhwa National Park-Uttar Pradesh

Unattempted

Correct Choice : b
Solution :

Anshi national park is situated in Karnataka. Bandipur, Nagarhole, Bannerghata and Kudhremukh re the other
national parks in Karnataka.

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RBI-01 General Awareness Question 14 of 200

Who among the following is the current union Minister of Skill Development and Entrepreneurship?

a) Gajendra Singh Shekhawat

b) Mahendra Nath Pandey
c) Harsimrat Kaur Badal
d) Arjun Munda
e) Mukhtar Abbas Naqvi

Unattempted

Correct Choice : b
Solution :

Mahendra Nath Pandey is the present union minister of Skill Development and Entrepreneurship.

Gajendra Singh Shekhawat - Minister of Jal Shakti

Harsimrat Kaur Badal - Minister of Food Processing Industries

Arjun Munda - Minister of Tribal Affairs

Mukhtar Abbas Naqvi - Minister of Minority Affairs.

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RBI-01 General Awareness Question 15 of 200

India recently entered into agreements with South Korea to broadcast DD India. What is the currency of
South Korea?

a) Zloty
b) Leu
c) Won
d) Kuna
e) Koruna

Unattempted

Correct Choice : c
Solution :

The currency of South Korea is Won. And the capital of the country is Seoul.

Country Currency
Croatia Kuna
Czechia Koruna
Poland Zloty
Moldova Leu

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RBI-01 General Awareness Question 16 of 200

IFSC is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system. What
does F in IFSC stand for?

a) Financial
b) Fiscal
c) Final
d) Famous
e) Fictional

You did not attempt this question. Attempt it above or Click here to View Solution

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RBI-01 General Awareness Question 17 of 200

Who among the following is the first female recipient of Abel Prize?

a) Maria Agnesi
b) Sophie Germain
c) Karen Uhlenbeck
d) Sofia Kovalevskaya
e) Mary Cartwright

Unattempted

Correct Choice : c
Solution :

Norwegian Academy of Science and Letters named U.S mathematician Karen Keskulla Uhlenbeck as the
winner of the 2019 Abel Prize. She is the first woman to be awarded this top honor in mathematics.

It is named after 19th Century Norwegian mathematician Niels Henrik Abel, the prize is awarded to laureates
who have made extraordinary contributions to the field of mathematics.

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RBI-01 General Awareness Question 18 of 200

Asian Development Bank has launched the Action Plan for Healthy Oceans and Sustainable Blue
Economies for the Asian & Pacific region recently. Which SDG address the healthy oceans and its
sustainable development?

a) SDG 14
b) SDG 12
c) SDG 16
d) SDG 10
e) SDG 11

Unattempted

Correct Choice : a
Solution :

The Action Plan for Healthy Oceans and Sustainable Blue Economies will support the efforts of ADB's
developing member countries to achieve the Sustainable Development Goals (SDGs), including SDG 14
Life Below Water.

The Asian Development Bank launched the Action Plan for Healthy Oceans and Sustainable Blue
Economies for the Asia and Pacific region at the 52nd Annual Meeting of ADB's Board of Governors in Fiji.

The plan will expand financing and technical assistance for ocean health and marine economy projects to
$5 billion from 2019 to 2024, including co-financing from partners.

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RBI-01 General Awareness Question 19 of 200

The economic phrase 'invisible hand' was introduced by whom among the following?

a) Richard Thaler
b) Mike Stanley
c) Adam Smith
d) John Rockerfeller
e) JP Morgan

Unattempted

Correct Choice : c
Solution :

The unobservable market force that helps the demand and supply of goods in a free market to reach
equilibrium automatically is the invisible hand.

The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'. He assumed that
an economy can work well in a free market scenario where everyone will work for his/her own interest.

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RBI-01 General Awareness Question 20 of 200

Corporation Bank was in recent news for launching 'Corp SME Suvidha' for GST-registered MSMEs. Where
is the headquarters of Corporation Bank located?

a) Bangalore
b) Mumbai
c) Chennai
d) New Delhi
e) Mangalore

Unattempted

Correct Choice : e
Solution :

Corporation Bank, headquartered in Mangalore has launched 'Corp SME Suvidha' for GST-registered MSMEs.
The product has been designed as part of the bank's efforts to provide the best products to the MSME sector.
MD and CEO of Corporation Bank is PV Bharathi.

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RBI-01 General Awareness Question 21 of 200

Which among the following state ranked first in NITI Aayog's Agricultural Marketing and Farmer Friendly
Reforms Index published in July?

a) Rajasthan
b) Madya Pradesh
c) Maharashtra
d) Punjab
e) Uttar Pradesh

Unattempted

Correct Choice : c
Solution :

Maharashtra achieved first rank in NITI Aayog launched Agricultural Marketing and Farmer Friendly Reforms
Index followed by Rajasthan & Madhya Pradesh. The index ranks states based on the degree of reforms they
have undertaken in agricultural marketing. The Index was launched in 2016.

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RBI-01 General Awareness Question 22 of 200

You must have heard about ETFs in your study of economics, what does 'T' stand for in ETF?

a) Transcripts
b) Teller
c) Timely
d) Tilted
e) Traded

Unattempted

Correct Choice : e
Solution :

ETFs or Exchange Traded funds are similar to index mutual funds comprising a portfolio of equity, bonds and
trade close to its net asset value.

These funds mainly track an index, a commodity, or a pool of assets. An investor who buys an ETF doesn't
have to pay an advisory/management fee to the fund manager and taxes are relatively lower in ETFs.

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RBI-01 General Awareness Question 23 of 200

The Headquarter of Asian Infrastructure Investment Bank (AIIB) is located in _________.

a) Beijing
b) Tokyo
c) Shanghai
d) New Delhi
e) Kathmandu

Unattempted

Correct Choice : a
Solution :

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank headquartered in Beijing. Its
mission is to improve social and economic outcomes in its region, Asia, and beyond. The bank opened in
January 2016.

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RBI-01 General Awareness Question 24 of 200

Which among the following is the Reserve Bank of India's Medium-term Strategy framework to strengthen its
regulatory and supervisory mechanism in next three years?

a) Unnati 2020
b) Utkarsh 2022
c) Saksham 2022
d) Udisha 2020
e) Hriday 2022

Unattempted

Correct Choice : b
Solution :

RBI finalised a three- year roadmap to improve regulation and supervision, among other functions of the central
bank. Utkarsh 2022 is in line with the global central banks' plan to strengthen the regulatory and supervisory
mechanism. An internal committee was formed, which was anchored by outgoing Deputy Governor Viral
Acharya, to identify issues that needed to be addressed over the next three years.

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RBI-01 General Awareness Question 25 of 200

Samsung partnered with which online marketplace in July,2019, for fulfilling their financial requirements in
India?

a) Paisabazaar.com
b) Paytm
c) Google Pay
d) Freecharge
e) Mobikwik

Unattempted

Correct Choice : a
Solution :

South Korean tech giant Samsung announced its partnership with Paisabazaar.com, an online marketplace for
financial products in India.Paisabazaar.com will now support Samsung Pay to provide users with a one stop
solution to their financial requirements.

· CEO and Co-founder of Paisabazaar.com - Naveen Kukreja

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RBI-01 General Awareness Question 26 of 200

The Global Corruption Report is published by which among the following organizations?

a) Transparency International
b) World Intellectual Property Organisation
c) Bank for International Settlements
d) World Economic Forum
e) International Monetary Fund

Unattempted

Correct Choice : a
Solution :

The Global Corruption Report is published by the Transparency International.

The Global Corruption Report (GCR) is one of Transparency International's flagship publications, bringing the
expertise of the anti‐corruption movement to bear on a specific corruption issue.

Transparency International was founded to expose corruption and reduce its harmful effects around the world,
especially on the poor and underprivileged. It is headquartered in Berlin.

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RBI-01 General Awareness Question 27 of 200

Which panel set up by RBI (Reserve Bank of India) decided to recommend transfer of surplus reserves to
the government in a staggered manner over 3-5 years based on a predetermined formula?

a) N K Singh panel
b) Bimal Jalan panel
c) Y V Reddy panel
d) C. Rangrajan panel
e) Babu Rajiv panel

Unattempted

Correct Choice : b
Solution :

Bimal Jalan panel that was set up to review the economic capital framework of the Reserve Bank of India
(RBI) has decided to recommend transfer of surplus reserves to the government in a staggered manner over 3-
5 years based on a predetermined formula. The transfer will help the government to meet its fiscal deficit target.

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RBI-01 General Awareness Question 28 of 200

Which of the following countries signed an agreement in July,2019 with India to upgrade its railway lines?

a) Bhutan
b) Nepal
c) Bangladesh
d) Indonesia
e) Sri Lanka

Unattempted

Correct Choice : e
Solution :

Sri Lanka has signed an agreement with India to upgrade tracks in a key railway segment connecting the north
and south at a cost of $ 91.26 million. It is the first that the 130 km-long-tracks, running from Maho town to
Omanthai, are being upgraded.

· Sri Lankan Prime minister - Ranil Wickremesinghe

· Capital - Colombo, Sri Jayawardenepura Kotte

· Currency - Sri Lankan Rupee

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RBI-01 General Awareness Question 29 of 200

Which Indian state became top in the implementation of Pradhan Mantri Suraksha Bima Yojana?

a) Uttarakhand
b) Uttar Pradesh
c) Assam
d) Meghalaya
e) Odisha

Unattempted

Correct Choice : b
Solution :

Uttar Pradesh has become No.1 in implementation of PM Suraksha Bima Yojana. 1.95 Cr people have been
given insurance cover under the scheme till 31 Mar 2019. People can get accidental insurance cover of ₹ 2 L
by paying a nominal premium of ₹ 12 annually. Pradhan Mantri Suraksha Bima Yojana is a government-backed
accident insurance scheme in India. Uttar Pradesh also stands 2nd in the execution of PM Jeevan Jyoti Bima
Yojana.

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RBI-01 General Awareness Question 30 of 200

What is the capital of Eritrea?

a) Kigali
b) Rabat
c) Banjul
d) Maseru
e) Asmara

Unattempted

Correct Choice : e
Solution :

Asmara is the capital of Eritrea. Nakfa is the currency of the Eritrea.

Gambia - Banjul

Lesotho - Maseru

Morocco - Rabat

Rwanda - Kigali

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RBI-01 General Awareness Question 31 of 200

Who has been sworn in as the new finance secretary of India?

a) Subash Chandra Garg

b) Vipul Bansal
c) Anil Yadav
d) B N Bhaskar
e) Rajiv Kumar

Unattempted

Correct Choice : e
Solution :

Government has designated financial services secretary Rajiv Kumar as finance secretary. He succeeds
Subash Chandra Garg, who was shifted to the position of power secretary. Mr. Kumar has played a crucial role
in initiating banking reforms for state-run banks. The finance secretary is the senior-most bureaucrat among the
finance ministry's five departments - economic affairs, revenue, expenditure, financial services and department
of investment and public asset management (DIPAM).

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RBI-01 General Awareness Question 32 of 200

Who won World Boxing Council (WBC) Asia silver welterweight championship that held in Pattaya, Thailand?

a) Vaibhav Yadav
b) Vijendar Singh
c) Akhil Kumar
d) Jitendar Kumar
e) Varghese Johnson

Unattempted

Correct Choice : a
Solution :

Indian pro boxer Vaibhav Yadav became the World Boxing Council (WBC) Asia silver welterweight champion
after defeating Thailand's Fahpetch Singmanassak in the title bout held in Pattaya, Thailand. It was conducted
by Asian Boxing Council and approved by the World Boxing Council (WBC).

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RBI-01 General Awareness Question 33 of 200

As per the report by Economist Intelligence Unit, which city topped in the 'Safe Cities Index' (SCI) ranking?

a) Singapore
b) Osaka
c) Tokyo
d) Bern
e) Reykjavik

Unattempted

Correct Choice : c
Solution :

Tokyo came at top while Singapore & Osaka were place 2nd & 3rd respectively according to the Safe Cities
Index ranking by the Economist Intelligence Unit reports. Mumbai was ranked as 45th safest city on the Safe
Cities Index (SCI) and Delhi stood at the 52nd position. Safe Cities Index (SCI) 2019 ranked 60 countries
worldwide.

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RBI-01 General Awareness Question 34 of 200

_____________ is the air-exercise between India and France.

a) Garuda
b) Sindex
c) Cope-India
d) Indradhanush
e) None of these

Unattempted

Correct Choice : a
Solution :

Garuda is the air-exercise between India and France.

Cope India is the air-exercise between India & United States.

Indradhanush is the air-exercise between India & UK, while

Sindex is the air-exercise between India & Singapore.

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RBI-01 General Awareness Question 35 of 200

In 1991, Economic Reforms were made by government by New Economic Policy , which is often termed
as___________.

a) LPG
b) LTS
c) APS
d) GPS
e) GAS

Unattempted

Correct Choice : a
Solution :

LPG is an acronym of Liberalisation, Privatisation & Globalisation.

Globalisation - It is an outcome of the set of various policies that are aimed at transforming the world
towards greater interdependence and integration. It involves creation of networks and activities
transcending economic, social and geographical boundaries.

Liberalisation - Economic liberalization is the lessening of government regulations and restrictions in an

economy in exchange for greater participation by private entities.

Privatisation - Privatisation involves selling state-owned assets to the private sector. It is argued the private
sector tends to run a business more efficiently because of the profit motive.

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RBI-01 General Awareness Question 36 of 200

The White Tiger is a famous book by which of the following author?

a) Salman Rushdie
b) Jokha Alharthi
c) Khaled Hosseini
d) Aravind Adiga
e) Arundhati Roy

Unattempted

Correct Choice : d
Solution :

The book 'White Tiger' has written by Aravind Adiga. It was first published in 2008 and won the 40th Man
Booker Prize.

Books Author
Midnight's Children Salman Rushdie
Celestial Bodies Jokha Alharthi
Kite Runner Khaled Hosseini
God of small things Arundhati Roy

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RBI-01 General Awareness Question 37 of 200

The Lotus Temple located in New Delhi has been designed by ________.

a) Frank Gehry
b) Charles Correa
c) None of these
d) Fariborz Sahba
e) Skidmore, Owings and Merrill

Unattempted

Correct Choice : d
Solution :

The Lotus Temple located in New Delhi has been designed by Iranian-American architect Fariborz Sahba & is a
Bahai House of Worship that was completed in 1986. The building is notable for its flower-like shape and
serves as the Mother Temple of the Indian subcontinent.

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RBI-01 General Awareness Question 38 of 200

Who has been appointed as the Coal India chairman, by the Public Enterprises Selection Board (PESB)?

a) A.K Jha
b) V.K Tyagi
c) Pramod Agarwal
d) Ajay Sahoo
e) Girish Bapat

Unattempted

Correct Choice : c
Solution :

Public Enterprises Selection Board (PESB) has selected Pramod Agarwal, a 1991 batch IAS from Madhya
Pradesh cadre as the next chairman of Coal India. He will take over after the present chairman A K Jha retires
in January 2020. Coal India Limited is an Indian state-controlled coal mining and refinery company
headquartered in Kolkata, West Bengal. Its first chairman was Lieutenant General K S Garewal.

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RBI-01 General Awareness Question 39 of 200

World Humanitarian Day (WHD) is held every year on ______, to pay tribute to aid workers who risk their
lives in humanitarian service.

a) August 21
b) August 19
c) July 19
d) June 29
e) July 20

Unattempted

Correct Choice : b
Solution :

World Humanitarian Day (WHD) held every year on 19 August, is an international day dedicated to recognize
humanitarian personnel and those who have lost their lives working for humanitarian causes. 2019 WHD
campaign is #WomenHumanitarians.

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RBI-01 General Awareness Question 40 of 200

'Raut Nacha' is a dance form of which state?

a) Bihar
b) Chhattisgarh
c) West Bengal
d) Uttar Pradesh
e) Rajasthan

Unattempted

Correct Choice : b
Solution :

'Raut Nacha' is a dance form of Chhattisgarh. Some other dance forms and their states of origin are:

Odissi-Odisha, Sattriya-Assam, Kuchipudi-Andhra Pradesh, Dumhal-Jammu & Kashmir.

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RBI-01 General Awareness Question 41 of 200

Ahmedabad is located on the banks of which river?

a) Sabarmati
b) Ganga
c) Narmada
d) Kaveri
e) Godavari

Unattempted

Correct Choice : a
Solution :

Ahmedabad is located at the banks of Sabarmati river.

City - River

Agra-Yamuna

Ayodhya - Saryu

Dibrugarh - Brahmaputra

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RBI-01 General Awareness Question 42 of 200

Skill development ministry announced an association with which company to build a Rs 300 crore modern
training and skill development centre at Sion in Central Mumbai?

a) Reliance Industries
b) Tata Trust
c) Sun Pharma
d) Hindustan Uniliver
e) Aditya Birla Group

Unattempted

Correct Choice : b
Solution :

Skill development ministry announced an association with the Tata Trust to build a Rs 300 crore modern
training and skill development centre at Sion in Central Mumbai. Government will provide four acres in NSDC
(National Skill Training Institute) located there. Transforming the skill landscape is the tagline of NSDC.

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RBI-01 General Awareness Question 43 of 200

Which is the mobile app launched by The Ministry of Earth Sciences and Agriculture in August, in order to
assist farmers?

a) Observer
b) Ajayey
c) Bolo
d) E-Dharti
e) Meghdoot

Unattempted

Correct Choice : e
Solution :

The Ministries of Earth Sciences and Agriculture have launched a mobile application named Meghdoot a that
will provide the location, and crop and livestock-specific weather-based agro advisories to farmers in local
languages. App has been integrated with WhatsApp & Facebook to help farmers.

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RBI-01 General Awareness Question 44 of 200

a) Reverse Repo Rate

b) Marginal Standing Facility
c) Liquidity Adjustment Facility
d) Only 1 & 2
e) All 1,2 & 3

Unattempted

Correct Choice : e
Solution :

There are several direct and indirect instruments that are used for implementing monetary policy.

· Repo Rate & Reverse Repo Rate

· Marginal Standing Facility

· Liquidity Adjustment Facility

· Open Market Operations

· Statutory Liquidity Ratio

· Market Stabilisation Scheme

· Cash Reserve Ratio

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RBI-01 General Awareness Question 45 of 200

Which among the following is true about Shut Period?

a) Securities cannot be traded on the particular day.

b) Shut Period for securities held in SGL accounts is one day.
c) It facilitates the finalizing of the payment of maturity redemption proceedings.
d) Ownership of securities cannot be changed during the period.
e) All the above

Unattempted

Correct Choice : e
Solution :

'Shut period' means the period for which the securities cannot be traded. During the period under shut, no
trading of the security which is under shut is allowed. The main purpose of having a shut period is to facilitate
finalizing of the payment of maturity redemption proceeds and to avoid any change in ownership of securities
during this process. Currently, the shut period for the securities held in SGL accounts is one day.

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 ipradyumnas

RBI-01 General Awareness Question 46 of 200

____________ is a graphical plot of income percentage Vs Population percentage of the country

a) Philips Curve
b) Kaynesian Curve
c) Lorenz Curve
d) Inflation Curve
e) Headline Curve

Unattempted

Correct Choice : c
Solution :

Lorenz Curve is a graphical representation showing the degree of inequality in income and wealth in a given
population of an economy.

This maps the relationship between the percentage of income or wealth earned measured with the percentage
of people earning that percentage of income.

In the case of complete equality of income, the Lorenz curve will be a straight line and with greater curvature
the inequality rises proportionally.

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RBI-01 General Awareness Question 47 of 200

Recently, PM Modi has launched the Krishi Maan Dhan Yojana to ensure the pension amount of ₹3000 per
month for traders with a turnover of less than ____________.

a) ₹ 1.5 Crore per annum

b) ₹ 1 Crore per annum
c) ₹ 5 Crore per annum
d) ₹ 2 Crore per annum
e) ₹ 2.5 Crore per annum

Unattempted

Correct Choice : a
Solution :

Prime Minister Modi launched a national pension scheme for small and medium traders and self-employed
entrepreneurs named PM Krishi Maan-Dhan Yojana which ensures Rs 3000 per month for traders with a
turnover of less than Rs 1.5 crore per annum.

Pradhan Mantri Kisan Maan-Dhan yojana was rolled out in Ranchi recently. Farmers who own 2 hectares or
less of land and are between 18 and 40 years of age are eligible for the scheme.

Depending on their age they need to make a monthly contribution ranging between Rs 55 and Rs 200. Within a
month, the union government's contribution stands at over Rs 16 crore.

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RBI-01 General Awareness Question 48 of 200

Among the following, who headed the committee which recommended the formation of 'Payments Bank' in
India?

a) Nalin Mehta
b) B Sivaraman
c) Urjit Patel
d) Nachiket Mor
e) Raghuram Rajan

Unattempted

Correct Choice : d
Solution :

In 2013, the Reserve Bank of India constituted a committee headed by Dr Nachiket Mor to study
'Comprehensive financial services for small businesses and low-income households'.

One of the key suggestions by the committee was to introduce specialised banks or 'payments bank' to cater to
the lower income groups and small businesses.

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 ipradyumnas

RBI-01 General Awareness Question 49 of 200

Recently, National Youth Summit 2019 was held in ____________.

a) Ranchi
b) Kolkata
c) Hyderabad
d) New Delhi
e) Bengaluru

Unattempted

Correct Choice : d
Solution :

National Youth Summit 2019 was held in New Delhi. The summit was inaugurated by the President Ram Nath
Kovind.

It was organized by the Youth Awakening Mission. The summit aimed to work for the betterment and welfare of
ourselves, society and country.

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 ipradyumnas

RBI-01 General Awareness Question 50 of 200

Banks resort to Call Money in order to -

a) Fill the asset liability mismatch

b) Comply with the statutory CRR and SLR
c) To meet the sudden demand of funds
d) Only (a) and (c)
e) All (a), (b) and (c)

Unattempted

Correct Choice : e
Solution :

Banks resort to Call Money to fill the asset liability mismatch, comply with the statutory CRR and SLR
requirements and to meet the sudden demand of funds.

Participants of the call money market are RBI, banks, primary dealers etc.

Demand and supply of liquidity affect the call money rate. A tight liquidity condition leads to a rise in call money
rate and vice versa

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RBI-01 General Awareness Question 51 of 200

Recently, the New Development Bank has decided to lend ₹6000 Crore to which state government for
various projects?

a) West Bengal
b) Tamil Nadu
c) Telangana
d) Andhra Pradesh
e) Tripura

Unattempted

Correct Choice : d
Solution :

New Development Bank (NDB) has decided to lend Rs 6000 crores to Andhra Pradesh Government for
various projects.

The amount will be used for social infrastructure projects and will be repaid in 32 years.

The Chief Minister has sought more assistance from the NDB to enable the State to complete its prestigious
projects including infrastructure development, the building of schools, hospitals and supply of clean drinking
water.

The State has sought the bank to sanction an additional loan of Rs 25,000 crores for these projects.

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 ipradyumnas

RBI-01 General Awareness Question 52 of 200

What is the theme of 'Payment and Settlement Systems in India: Vision 2019 - 2021'?

a) Enlighten the Economic Scenario

b) Enlighten the Economic World
c) Empowering Exceptional (E) payment Experience
d) Empower the Eminent
e) Empower the Echo

Unattempted

Correct Choice : c
Solution :

The 'Payment and Settlement Systems in India: Vision 2019 - 2021', with its core theme of 'Empowering
Exceptional (E) payment Experience', envisages to achieve "a highly digital and cash-lite society" through the
goal posts of competition, cost effectiveness, convenience and confidence (4Cs) .

According to RBI, the payment systems landscape will continue to change with further innovation and entry of
more players which is expected to ensure optimal cost to the customers and freer access to multiple payment
system options.

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RBI-01 General Awareness Question 53 of 200

What is the expected GDP growth rate of India by NCAER in the Financial Year 2020?

a) 6.2%
b) 6%
c) 6.4%
d) 6.7%
e) 6.8%

Unattempted

Correct Choice : a
Solution :

According to the NCAER, India's GDP growth is likely to be 6.2% during the current fiscal year 2019-20 on
account of flat growth in the agriculture sector and Gross Value Added at basic prices at 6% for 2019-20 on a
year-on-year (y-o-y) basis.

As per the statement from NCAER, the prospects for the agricultural sector in 2019-20 depend largely on the
south-west monsoon.

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 ipradyumnas

RBI-01 General Awareness Question 54 of 200

The scheme for the welfare of girl child named 'Vhali Dikri Yojna' was launched by which among the
following state governments?

a) Rajasthan
b) Haryana
c) Gujarat
d) Assam
e) Odisha

Unattempted

Correct Choice : c
Solution :

Gujarat Chief Minister Vijay Rupani has launched the scheme for the welfare of girl child named 'Vhali Dikri
Yojna' in Rajkot.

According to scheme, the State Government will pay ₹ 4000 to every girl child at the time of admission to
Standard 4th, ₹ 6000 at the time of taking admission to Standard IX, ₹ 1-lakh at the time of taking admission for
higher education at the age of 18 and another ₹ 1-lakh at the time of marriage.

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RBI-01 General Awareness Question 55 of 200

The Bankruptcy Code (Amendment) Bill, 2019 has set ___________ day deadline for rescuing companies in
distress to fast track cleaning up of bad assets.

a) 270
b) 364
c) 180
d) 330
e) 129

Unattempted

Correct Choice : d
Solution :

The Bankruptcy Code (Amendment) Bill, 2019 sets a 330-day deadline for rescuing companies in distress to
fast track cleaning up of bad assets in India's banking system.

The Bill also restores higher rights that secured lenders have over operational creditors on the proceeds of sale
or liquidation of the defaulting company.

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RBI-01 General Awareness Question 56 of 200

Where is Brabourne Stadium located?

a) Bhopal
b) Mumbai
c) Bengaluru
d) Chennai
e) New Delhi

Unattempted

Correct Choice : b
Solution :

Brabourne stadium is located in Mumbai. Some other International cricket stadiums are as follows:

Eden Gardens-Kolkata

Rajiv Gandhi International Cricket Stadium-Hyderabad

Jawaharlal Nehru Stadium- New Delhi

Feroz Shah Kotla Ground- New Delhi

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 ipradyumnas

RBI-01 General Awareness Question 57 of 200

The humanoid robot 'Fedor' (Final Experimental Demonstration Object Research) was sent by which among
the following countries?

a) China
b) UK
c) Russia
d) France
e) USA

Unattempted

Correct Choice : c
Solution :

Russia launched an unmanned rocket carrying a life-size humanoid robot named Fedor (Final Experimental
Demonstration Object Research) that would spend 10 days learning to assist astronauts on the International
Space Station.

The robot is the first ever sent up by Russia. Fedor copies human movements that allows it to remotely help
astronauts or even people on Earth to carry out tasks while the humans are strapped into an exoskeleton.

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 ipradyumnas

RBI-01 General Awareness Question 58 of 200

Payment and Settlement Vision 2019-21 is expected that the volume of cheque-based payments would
be less than __________ of the retail electronic transactions.

a) 7.5%
b) 2%
c) 3.5%
d) 5%
e) 6.5%

Unattempted

Correct Choice : b
Solution :

Vision 2021 is expected that the volume of cheque-based payments would be less than 2.0% of the retail
electronic transactions.

The Payment Systems Vision 2021 covers the period up to December 2021. It focuses on further
enhancements / improvements in all facets of payment systems.

Payment systems like UPI / IMPS are likely to register average annualized growth of over 100% and NEFT
at 40% over the vision period. The number of digital transactions is expected to increase more than four
times from 2069 crore in December 2018 to 8707 Crore in December 2021.

The digital payment transaction turnover vis-à-vis GDP (at market prices-current price) is expected to further

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 ipradyumnas

RBI-01 General Awareness Question 59 of 200

Which among the following is a UNESCO World Heritage site?

a) Agra Fort
b) Ajanta Caves
c) Fatehpur Sikri
d) Taj Mahal
e) All of these

Unattempted

Correct Choice : e
Solution :

There are 37 UNESCO World Heritage Sites in India. The sites are broken down into the following categories:
29 cultural sites, seven natural sites, and one mixed site. Some of them are as follows:

Jantar Mantar, Great Living Chola Temples, Group of Monuments at Mahabalipuram, Agra Fort, Fatehpur Sikri,
Taj Mahal, Mountain Railways of India, Nanda Devi and Valley of Flowers National Parks etc.

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 ipradyumnas

RBI-01 General Awareness Question 60 of 200

Cash Management Bills have generic character of T - bills. CMBs are issued for maturities less than
__________ days.

a) 182
b) 31
c) 91
d) 364
e) 15

Unattempted

Correct Choice : c
Solution :

In 2010, Government of India, in consultation with RBI introduced a new short-term instrument, known as Cash
Management Bills (CMBs), to meet the temporary mismatches in the cash flow of the Government of India.

The CMBs are issued at a discount and redeemed at face value at maturity. The CMBs have the generic
character of T-bills but are issued for maturities less than 91 days.

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 ipradyumnas

RBI-01 General Awareness Question 61 of 200

Who among the following has won the Clark R Bavin Wildlife Law Enforcement Award for the year 2019?

a) Aparna Kumar
b) Eric Cantona
c) Ravish Kumar
d) Vivek Menon
e) Dipankar Ghosh

Unattempted

Correct Choice : d
Solution :

Conservationist Vivek Menon was awarded the prestigious Clark R Bavin Wildlife Law Enforcement Award for
the year 2019 in Geneva. He is the head of Delhi-based conservation non-profit, Wildlife Trust of India.

The Bavin award is instituted by the Animal Welfare Institute for wildlife law enforcement officers, law
enforcement agencies, agency administrators, criminal investigators, forensic scientists, attorneys, informants,
and others who have gone beyond the call of duty and demonstrated a commitment and dedication to
combating wildlife crime.

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 ipradyumnas

RBI-01 General Awareness Question 62 of 200

The Somasila dam is built on which river?

a) Banas
b) Beas
c) Mahi
d) Sabarmati
e) Penna

Unattempted

Correct Choice : e
Solution :

The Somasila Dam is built on Penna river.

Dantiwada dam - Banas river

Pandoh dam - Beas river

Nizam Sagar dam - Manjira river

Kadra dam - Kalinadi river

Idukki dam - Periyar river.

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 ipradyumnas

RBI-01 General Awareness Question 63 of 200

September month was declared by government to be celebrated as 'Rashtriya Poshan Maah'. POSHAN
scheme envisages to fight malnutrition in the country by ________.

a) 2020
b) 2021
c) 2024
d) 2025
e) 2022

Unattempted

Correct Choice : e
Solution :

Entire month of September 2019 was announced by the government to be celebrated as the Rashtriya Poshan
Maah.

2019 theme is Complementary Feeding. PM's Overreaching Scheme for Holistic Nourishment - POSHAN
Abhiyaan is a multi- ministerial convergence addressing malnutrition scheme aims to fight malnutrition in the
country by 2022.

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 ipradyumnas

RBI-01 General Awareness Question 64 of 200

In Macroeconomics of a nation, the difference between the total Expenditure and the total Receipts except
borrowing and other liabilities is known as ____________.

a) Primary Deficit
b) Fiscal Deficit
c) Depreciation
d) Net National Income
e) Net Liability Index

Unattempted

Correct Choice : b
Solution :

Fiscal Deficit = Total Expenditure - Total Receipts except borrowing and other liabilities.

When the government's total expenditure (Capital + Revenue) exceeds the government's total receipts (Capita
l+ Revenue) except the borrowings and other liabilities then there is a situation of Fiscal Deficit.

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RBI-01 General Awareness Question 65 of 200

As per RBI's latest prudential framework for resolution of stressed assets, now lenders have____________
to review a borrower account before labelling it as a (NPA).

a) 10 days
b) 15 days
c) 20 days
d) 25 days
e) 30 days

Unattempted

Correct Choice : e
Solution :

RBI recently, issued a prudential framework for resolution of stressed assets, which give lenders 30 days to
review a borrower account before labelling it as a non-performing asset (NPA) in case of default. This
framework replaces the earlier circular which mandated lenders to start resolution even if there was one day
default.

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RBI-01 General Awareness Question 66 of 200

Ministry of Electronics and Information Technology (MeitY) recently signed a statement of intent to roll-out
'Build for Digital India' programme with which of the following global giant?

a) Google
b) JP Morgan Co.
c) Microsoft
d) Facebook
e) Amazon

Unattempted

Correct Choice : a
Solution :

The Ministry of Electronics and Information Technology (MeitY) and Google signed a statement of intent to roll-
out 'Build for Digital India', a programme that will give engineering students a platform to develop market-ready,
technology-based solutions that address key social problems.

Applicants will take part in online and offline learning opportunities on key technologies such as machine
learning, cloud and android. These will be offered through Google's Developer Student Club network and other
Google Developer networks. Google will also offer mentorship sessions in product design, strategy and
technology to the most promising products and prototypes.

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RBI-01 General Awareness Question 67 of 200

Ferrari's Ace driver ____________ won The Belgian Grand Prix 2019.

a) Lewis Hamilton
b) Valtteri Bottas
c) Daniel Ricciardo
d) Charles Leclerc
e) Kimi Raikkonen

Unattempted

Correct Choice : d
Solution :

Charles Leclerc just held off Lewis Hamilton to win the Belgian Grand Prix from pole position, securing the 1st
victory of his Formula One career.

Mercedes teammate Valtteri Bottas was third, finishing ahead of Ferrari's Sebastian Vettel.

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 ipradyumnas

RBI-01 General Awareness Question 68 of 200

Chief Election Commissioner Sunil Arora assumed Chairmanship of Association of World Election Bodies
recently. Where is the Principal secretariat of AWEB?

a) South Korea
b) Germany
c) USA
d) New Zealand
e) Japan

Unattempted

Correct Choice : a
Solution :

Chief Election Commissioner Sunil Arora assumed Chairmanship of Association of World Election Bodies,
AWEB for the term 2019-21 as India took over the Chair from Romania.

India was unanimously nominated to be the Vice-Chair of AWEB at the last General Assembly held at
Bucharest in 2017.

AWEB Secretariat: Incheon, Republic of South Korea

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RBI-01 General Awareness Question 69 of 200

What is the current limit of collateral-free agricultural loans as set by RBI?

a) ₹1.2 Lakh
b) ₹1.4 Lakh
c) ₹1.6 Lakh
d) ₹2.0 Lakh
e) ₹2.5 Lakh

Unattempted

Correct Choice : c
Solution :

RBI in its bi-monthly report(Feb,2019), raised the limit of collateral-free agricultural loans to ₹1.6 lakh from the
current ₹1 lakh with a view to help small and marginal farmers. It also intends to set up an internal working
group to review agricultural credit and arrive at a workable policy station.

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RBI-01 General Awareness Question 70 of 200

Armies of India and the US recently took part in a two-week long mega military exercise, ____________
2019 in Washington.

a) Prahar
b) Indra
c) Surya Kiran
d) Yudh Abhyas
e) Hand-in-Hand

Unattempted

Correct Choice : d
Solution :

Armies of India and the US recently begun a two-week long mega military exercise in Washington, seeking to
boost defence cooperation between the two countries.

The joint military exercise, Yudh Abhyas 2019, started on September 5 at the Joint Base Lewis McChord. Yudh
Abhyas 2019 is the 15th edition of the joint military exercise hosted alternately between the two countries.

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 ipradyumnas

RBI-01 General Awareness Question 71 of 200

Which of the following countries hosted 11th Arctic Council ministerial meeting, where India was re-elected
as an observer?

a) Russia
b) Sweden
c) Denmark
d) Finland
e) Norway

Unattempted

Correct Choice : c
Solution :

11th Arctic Council ministerial meeting held at Rovaniemi in Finland. India was re-elected as an observer to
intergovernmental forum Arctic Council. Russia, Sweden, Finland, Iceland, Norway, Denmark, Canada & United
States are its members.

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RBI-01 General Awareness Question 72 of 200

The second edition of World Food India will be held in which among the following places?

a) New Delhi
b) Mumbai
c) Pune
d) Gwalior
e) Guwahati

Unattempted

Correct Choice : a
Solution :

The second edition of World Food India 2019 will be held in New Delhi. It was recently announced by the Union
Minister for Food Processing Industries Harsimrat Kaur Badal.

The tagline of an event is 'Forging Partnerships for Growth'. The World Food India (WFI) as a biennial event, to
promote food processing sector at the global level. 1st edition of WFI was held in 2017.

Indian Food Processing Industry has recorded 11% growth rate, which is two times the speed of Global
Industry. The Food Processing sector also recorded a double-digit growth rate across all major sub-segments
of sectors both in terms of both value and volume.

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RBI-01 General Awareness Question 73 of 200

LIBOR is a benchmark interest rate for short-term loans. †I†in LIBOR stand for_________.

a) Interchange
b) International
c) Indian
d) Interbank
e) Interpolation

Unattempted

Correct Choice : d
Solution :

LIBOR stands for London Interbank Offered Rate.

LIBOR is a benchmark interest rate at which major global banks lend to one another in the international
interbank market for short-term loans. LIBOR serves as a globally accepted key benchmark interest rate that
indicates borrowing costs between banks. LIBOR is the average interest rate at which major global banks
borrow from one another. It is based on five currencies including the US dollar, the euro, the British pound, the
Japanese yen, and the Swiss franc, and serves seven different maturities - overnight/spot next, one week, and
one, two, three, six, and 12 months.

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RBI-01 General Awareness Question 74 of 200

Who among the following has been conferred with Joan Miro Prize 2019?

a) K Kasturirangan
b) Nalini Malani
c) Naveen Patnaik
d) None of these
e) Swagata Ashwini

Unattempted

Correct Choice : b
Solution :

Indian contemporary artist Nalini Malani has won the Joan Miro Prize for 2019, the Barcelona-based Fundacio
Joan Miro announced. It is one of the most prestigious contemporary art awards in the world, it recognises
present-day work by artists who show the same spirit of exploration, innovation, commitment and freedom that
characterised Spanish painter and sculptor Joan Miro's life and work.

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RBI-01 General Awareness Question 75 of 200

India ranked ____________ in the number of malaria cases in the world according to the latest Lancet
Commission report.

a) Second
b) None of these
c) First
d) Third
e) Fourth

Unattempted

Correct Choice : e
Solution :

India ranked fourth in the number of malaria cases in the world according to the latest Lancet Commission
report.

Out of the 219 million cases that occurred in 2017, as many as 9.6 million occurred in India, followed by
Nigeria, the Democratic Republic of the Congo and Mozambique.

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RBI-01 General Awareness Question 76 of 200

Kiran Nagarkar passed away recently, he was a renowned________.

a) Actor
b) Film Maker
c) Novelist
d) Singer
e) None of these

Unattempted

Correct Choice : c
Solution :

Acclaimed English-Marathi journalist and writer Kiran Nagarkar passed away at the age of 77. He wrote
"Cuckold" (1997) which won him the 2001 Sahitya Akademi award. His other works include God's Little Soldier
(2006), Ravan and Eddie (2004).

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RBI-01 General Awareness Question 77 of 200

Wipro Ltd secured a strategic 7-yr deal valued at $300 mn from _________to provide a suite of digital
services.

a) Yes Bank
b) ICICI Bank
c) Dena Bank
d) IDBI Bank
e) BOB

Unattempted

Correct Choice : b
Solution :

Wipro Ltd secured a strategic 7-yr deal valued at $300 mn from ICICI Bank to provide a suite of digital services
& to further strengthen our endeavour to provide differentiated technology & digital capabilities to financial
services industry.

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RBI-01 General Awareness Question 78 of 200

The responsibility of issuing the quality currency notes defined under what section of RBI Act, 1934?

a) Section 16
b) Section 32
c) Section 27
d) Section 12
e) Section 16

Unattempted

Correct Choice : c
Solution :

Section 27 of the RBI Act, 1934 has imposed an obligation on the Bank to maintain the quality of note issue by
stipulating that the Bank shall not reissue currency notes, which are torn, defaced or excessively spoiled.

As per the new guidelines of RBI, the undivided area of the single largest piece of the note for a damaged Rs
2000 note must be 88 square cm for a full refund, and 44 square cm for half refund.

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RBI-01 General Awareness Question 79 of 200

Microsoft has named __________as managing director of Microsoft India (R&D).

a) Anil Bhansali
b) Sandeep Patil
c) Sanjay Vyas
d) Sanmay Wadhwa
e) Rajiv Kumar

Unattempted

Correct Choice : e
Solution :

Microsoft has named Rajiv Kumar as managing director of Microsoft India (R&D) who has worked as corporate
VP of Microsoft's Experiences & Devices (E+D) Group, Kumar is taking on this added responsibility from Anil
Bhansali.

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RBI-01 General Awareness Question 80 of 200

As per RBI norms, what is the minimum capital risk-weighted assets ratio needed to be maintained by new-
age fintech NBFCs to be eligible for funding assistance?

a) 10 per cent
b) 20 per cent
c) 15 per cent
d) 11 per cent
e) 30 per cent

Unattempted

Correct Choice : c
Solution :

To be eligible for funding assistance, Reserve Bank of India-registered new-age fintech NBFCs have to meet
prescribed parameters, including minimum capital risk-weighted assets ratio of 15 per cent; non-performing
assets less than or equal to 4 per cent; minimum net-owned fund (NOF) of ₹20 crore and minimum asset size
of ₹50 crore.

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