Banking System, NPA & IBC — Set 3

The Public Provident Fund (PPF) is a long-term investment scheme backed by the Government of India. What is the maturity period for PPF?

The National Pension Scheme (NPS) is a voluntary retirement savings scheme in India. Which organization administers NPS?

Digital banking includes online banking, mobile banking, and payment wallets. Which bank launched the first mobile banking app in India?

The Pradhan Mantri Jan Dhan Yojana (PMJDY) aims to provide banking services to all citizens. In which year was PMJDY launched?

The Credit Information Bureau (India) Limited (CIBIL) maintains credit information of individuals and businesses. What data does CIBIL primarily maintain?

The Reserve Bank of India issues currency notes of various denominations. Which denomination of note was withdrawn from circulation in 2016?

The Reserve Bank of India maintains foreign exchange reserves. Which is the largest component of India's forex reserves?

The Marginal Standing Facility (MSF) is a facility provided by RBI to banks in times of liquidity stress. What is the rate of MSF relative to the Repo rate?

The Standing Deposit Facility (SDF) was introduced by RBI in April 2023. What is its primary purpose?

The Inter-bank Call Money Market is used by banks for short-term borrowing and lending. What is the typical maturity period for call money?