RBI Grade B Exam- 2014-15 (Phase 1)

What is core in core banking ?Why was core banking required ? What are benefits and drawbacks of core banking services ?

What is INFINET ? What is full-form of this ? It is related to which service ? What are different IT technology used in Indian banking system and across the world ? Do IT services have some dis-adwantages also ? How are our govt and federal bank rictifying these ?


Do banks avail their fiscal need on daily basis through repo or msf ? which one of these auctioned ? Which one of these auctioned to all and which one to only scheduled bank ?

Which is the bank listed in top 100 of  forbes global 2000 companies ? Which are the other companies listed in top 100 ? mention their rank also .

Define fiscal deficit(FD) ! what is target for FD .Is Fd essential or a waste of money ?Which contributes more in FD ? Relate FD with Budget deficit .

What is meant by primary deficit ?  How is it related to fiscal deficit ? Define fiscal deficit,budget deficit and primary deficit ? What are differences between all ?

What is GAAR ? What is need of it ? Which act will govern it ? What is deadline to implement it ?

HI guys,

i had a doubt regarding my eligibility for RBI grade B for this year(though I have filled the form already). I have completed my engineering in 2011 with a first class degree but my aggregate of all semester/years is not 60%. Also I have completed my MBA now i.e my exams got over in May 2014 however the result and degree will come sometime in july 2014. Since the eligibility requirements mentioned by RBI is "as on June 1, 2014" I wanted to know whether I am eligible or not.

What are companies act ? why are they made ? When was 1st company act enacted ? What was it ? What is current company act in action ? When was it enacted ? What are the main features of Corporate act ? What is corporate social responsibility ? Does it not hurt right to property ? Which companies are made mandatory to follow CSR ?  What are all activities that come under CSR ?

@iassanjeet  It will be helpful if you post more MCQs rather than open ended questions.


http://www.thehindu.com/news/national/change-rbi-governor-swamy-tells-pm/article6155996.ece


What is CSR amount to be spended by companies ? How is it decided ? Is any penal/legal action for not complying with it ?

In human development  index ,what is range of medium human development countries

  • 0.800-1.000
  • 0.300-0.450
  • 0.500-0.799
  • 0.275-0.450

0 voters

Gross national happiness(GNH) is development is which country.

  • bhutan
  • brazil
  • germany
  • america

0 voters

What are brown and white ATM ? What are conditions to establish them ?What are need of them ? what are differences between them ? Which are the companies assigned to open white ATM ? Who has opened first white ATM ? What is its name ?Who had opened first ATM in the history and when ? Who had established first ATM in India ?

What is MICR code ?What was need of it ? Which device of computer and which type of computer device read or produce it ? Is it alphanumeric or numeric ? What are number of digits/letters in it ? What do these signify ? 

What is IFSC code ? What was need of it ? Which device of computer and which type of computer device read or produce it ? Is it alphanumeric or numeric ? What are number of digits/letters in it ? What do these signify ?

What is SWIFT ? Where is its head-office ? Who is head of it ? What is need of it ?What financial services are provided by this ? What type of coding is used by it to give some support to financial services ? How many digits/letters are in it ? What do they signify ? Which system is equivalent to SWIFT in India ?What type of coding is used by it to give some support to financial services ?How many digits/letters are in it ? What do they signify ?

What are all modes existing for fund transfer ? Which are different modes used for mobile banking,internet banking and personal banking ? What are NEFT and RTGS ? Which one is the fastest and in which fund transfers are done in batches ?What are the amount limits on the both ? Is there need of banking account for both ?

How many batch processing are  used in NEFT on daily basis ?