Entry Test RM RRB

Targets /Sub-targets for Priority sector Lending in agriculture for Domestic scheduled commercial banks

and Foreign banks with 20 branches

and above are ?

• 13.50 percent of ANBC or Credit Equivalent

  Amount of Off-Balance Sheet Exposure,

  whichever is higher.

• 18 percent of ANBC or Credit Equivalent

  Amount of Off-Balance Sheet Exposure,

  whichever is higher.

• 13.50 percent of ANBC or Credit Equivalent

  Amount of Off-Balance Sheet Exposure,

  whichever is Lower

• 18 percent of ANBC or Credit Equivalent

  Amount of Off-Balance Sheet Exposure,

  whichever is Lower

Domestic scheduled commercial banks

and Foreign banks with 20 branches

and above , target for Advances to

Weaker Sections are ?

• 10 percent of ANBC or Credit Equivalent

  Amount of Off-Balance Sheet Exposure,

  whichever is higher.

• 7.5 percent of ANBC or Credit Equivalent

  Amount of Off-Balance Sheet Exposure,

  whichever is higher..

• 10 percent of ANBC or Credit Equivalent

  Amount of Off-Balance Sheet Exposure,

  whichever is lower

• 7.5 percent of ANBC or Credit Equivalent

  Amount of Off-Balance Sheet Exposure,

  whichever is lower

Loans to individuals for educational purposes including vocational courses upto ₹............ lakh irrespective

of the sanctioned amount will be considered as eligible for priority sector.

• ₹ 4 lakh

• ₹ 7.50 lakh

• ₹ 10 lakh

• ₹ 15 lakh

Home Loans for repairs to damaged dwelling units of families up to ₹.......... lakh in metropolitan centres and

up to ₹......... lakh in other centers is eligible under priority sector guidelines

• 5,2

• 10,5

• 5,3

• 10,6

What is the significance of zero-balance accounts in PMJDY?

• Zero-balance accounts promote financial inclusion

• Zero-balance accounts promotes accessibility for low-income individuals.

• Both a & b

• None of a & b

Lead Bank Scheme was launched in

• 1953

• 1959

• 1969

• 1991

What are the three categories of loans under PMMY?

• Aam, Bada, and Chota

• One, Two, and Three

• Alpha, Beta, and Gamma

• Shishu, Kishore, and Tarun

State True for PMJJBY

• Can join up to age of 50 Years, Renewal allowed up to 55 Years

• Can join up to age of 50 Years, Renewal allowed up to 60 Years

• Can join up to age of 55 Years, Renewal allowed up to 60 Years

• Can join up to age of 60 Years, Renewal allowed up to 70 Years

Premium of PMJJBY for one quarter is

• Rs 118

• Rs 114

• Rs 132.

• Rs 108

Which is/are included in weaker section ?

• Overdrafts upto ₹10,000/- under Pradhan Mantri Jan-DhanYojana (PMJDY) accounts,

  provided the borrowers’ household annual income does not exceed ₹100,000/- for

  rural areas and ₹1,60,000/- for non-rural areas

• Overdrafts upto ₹5,000/- under Pradhan Mantri Jan-DhanYojana (PMJDY) accounts,

  provided the borrowers’ household annual income does not exceed ₹100,000/- for

  rural areas and ₹1,60,000/- for non-rural areas

• Overdrafts upto ₹5,000/- under Pradhan Mantri Jan-DhanYojana (PMJDY) accounts,

  provided the borrowers’ household annual income does not exceed ₹50,000/- for

  rural areas and ₹1,00,000/- for non-rural areas

• Overdrafts upto ₹10,000/- under Pradhan Mantri Jan-DhanYojana (PMJDY) accounts,

  provided the borrowers’ household annual income does not exceed ₹50,000/- for

  rural areas and ₹1,00,000/- for non-rural areas