🏦 INDIAN BANKING RADAR (IBR) -IBPS PO MAINS — BANKING INTELLIGENCE MOCK

PLATINUM SERIES 2.0 | VOL. 226

WEDNESDAY, 11 NOVEMBER 2026

TARGET EXAMINATIONS: IBPS PO Mains • SBI PO • Other Banking Examinations

20 QUESTIONS | 20 MARKS | 15 MINUTES

Marking Scheme: +1 for every correct answer | −0.25 for every incorrect answer

Instructions: Choose the most appropriate answer. Attempt all questions within 15 minutes. Each question carries one mark.

Q1. Following the October 2026 Monetary Policy Committee meeting, what is the policy repo rate under the Liquidity Adjustment Facility (LAF)?

A. 5.50%

B. 5.25%

C. 5.75%

D. 6.00%

E. 5.00%

Q2. Which monetary policy stance did the RBI adopt in its October 2026 policy review?

A. Neutral

B. Calibrated tightening

C. Accommodative

D. Withdrawal of accommodation

E. Calibrated easing

Q3. After the October 2026 policy decision, what is the Standing Deposit Facility (SDF) rate?

A. 5.00%

B. 5.50%

C. 5.25%

D. 5.75%

E. 6.00%

Q4. What is the Marginal Standing Facility (MSF) rate following the October 2026 MPC decision?

A. 5.25%

B. 5.50%

C. 6.00%

D. 5.75%

E. 5.00%

Q5. The October 2026 MPC increased the policy repo rate by 25 basis points. What was the repo rate immediately before this increase?

A. 5.00%

B. 5.75%

C. 6.00%

D. 5.10%

E. 5.25%

Q6. Under the RBI's Account Aggregator framework, interoperability among NBFC-Account Aggregators is intended primarily to:

A. Enable customers to access and share financial information across different Financial Information Providers through an NBFC-AA of their choice

B. Permit Account Aggregators to sanction loans directly

C. Eliminate the need for customer consent

D. Transfer ownership of customer deposits to Account Aggregators

E. Replace banks as Financial Information Providers

Q7. Which of the following is a fundamental requirement for sharing a customer's financial information through the Account Aggregator framework?

A. Prior approval of the RBI Governor

B. Explicit customer consent

C. Approval from every bank branch

D. Mandatory registration with all Account Aggregators

E. Consent of the customer's employer

Q8. The RBI's proposed enhancement to the Consolidated Account Statement (CAS) through NBFC-AAs is intended to enable demat account holders to view:

A. Only their mutual fund investments

B. Only their bank loan accounts

C. Demat holdings and bank deposit account information together

D. Only their credit card transactions

E. Only their insurance policies

Q9. By which date are the RBI's announced Account Aggregator interoperability and related CAS measures expected to be implemented?

A. 31 March 2027

B. 1 April 2027

C. 30 June 2027

D. 31 December 2026

E. 1 January 2027

Q10. The RBI constituted the Technical Consultative Committee for Financial Markets (TCCFM) to facilitate structured engagement on policy and operational matters relating to:

A. Agricultural and rural credit alone

B. Government expenditure and taxation alone

C. Insurance and pension markets alone

D. Banking recruitment and financial literacy

E. Money, government securities, foreign exchange markets and their related derivatives and infrastructure

Q11. Under the Basel III leverage ratio framework, the leverage ratio is calculated as:

A. Capital measure divided by exposure measure

B. Risk-weighted assets divided by Tier 1 capital

C. Total deposits divided by total advances

D. Total capital divided by risk-weighted assets

E. Net profit divided by total assets

Q12. Under the RBI's revised leverage ratio directions, what is the minimum leverage ratio prescribed for a Domestic Systemically Important Bank (D-SIB)?

A. 3.00%

B. 4.00%

C. 3.50%

D. 4.50%

E. 5.00%

Q13. What is the minimum leverage ratio prescribed for banks other than D-SIBs under the revised RBI directions?

A. 3.00%

B. 4.00%

C. 3.50%

D. 4.50%

E. 5.00%

Q14. The RBI's revised leverage ratio directions issued in October 2026 are scheduled to come into effect from:

A. 1 January 2027

B. 1 July 2027

C. 1 October 2027

D. 1 April 2027

E. 31 December 2026

Q15. In the Basel III leverage ratio framework, which of the following forms the denominator?

A. Common Equity Tier 1 capital

B. Risk-weighted assets

C. Total deposits

D. Net worth

E. Exposure measure

Q16. Credit Valuation Adjustment (CVA) risk in banking primarily arises from:

A. Changes in the market value of counterparty credit risk due to changes in counterparty creditworthiness and relevant market factors

B. Changes in the bank's statutory liquidity ratio

C. Fluctuations in the bank's employee expenses

D. Changes in the value of physical cash held by a bank

E. Variations in the bank's deposit mobilisation targets

Q17. The Standardised Approach for Counterparty Credit Risk (SA-CCR) is primarily used to determine capital requirements for:

A. Agricultural term loans

B. Counterparty credit risk exposures arising from derivatives and relevant transactions

C. Retail savings deposits

D. Government salary payments

E. Priority sector lending targets

Q18. What is the minimum transaction amount for a customer payment through the Real Time Gross Settlement (RTGS) system?

A. ₹1 lakh

B. ₹5 lakh

C. ₹2 lakh

D. ₹10 lakh

E. No minimum amount

Q19. Which statement correctly describes the settlement mechanism of the National Electronic Funds Transfer (NEFT) system?

A. Transactions are settled only once daily

B. Transactions are settled individually in real time

C. Transactions are settled only on working days

D. Transactions are processed in half-hourly batches

E. Transactions are settled only through cheque clearing

Q20. Which organisation operates the Unified Payments Interface (UPI) in India?

A. Reserve Bank of India

B. Indian Banks' Association

C. Securities and Exchange Board of India

D. DICGC

E. National Payments Corporation of India

ANSWER KEY

Q1.A

Q2.B

Q3.C

Q4.D

Q5.E

Q6.A

Q7.B

Q8.C

Q9.D

Q10.E

Q11.A

Q12.B

Q13.C

Q14.D

Q15.E

Q16.A

Q17.B

Q18.C

Q19.D

Q20.E

EXPLANATIONS

Q1. A — 5.50%

In its October 2026 policy review, the RBI's MPC increased the policy repo rate by 25 basis points to 5.50%.

Q2. B — Calibrated tightening

The MPC changed its monetary policy stance to calibrated tightening, reflecting concerns about inflation and the evolving macroeconomic outlook.

Q3. C — 5.25%

The SDF rate was adjusted to 5.25% following the repo rate increase. SDF is the RBI's standing liquidity absorption facility without collateral.

Q4. D — 5.75%

The MSF rate and Bank Rate were adjusted to 5.75%. MSF allows eligible banks to obtain overnight liquidity from the RBI against eligible securities.

Q5. E — 5.25%

The repo rate increased from 5.25% to 5.50%, representing a 25-basis-point hike. One basis point equals 0.01 percentage point.

Q6. A — Interoperability across NBFC-AAs

Interoperability allows customers to access and share financial information across different Financial Information Providers through an NBFC-AA of their choice. It improves convenience and reduces fragmentation.

Q7. B — Explicit customer consent

The Account Aggregator framework is consent-based. Financial information cannot be retrieved, shared or transferred without the customer's explicit consent.

Q8. C — Demat holdings and bank deposits

The RBI's measure facilitates the inclusion of bank deposit account information in the Consolidated Account Statement through NBFC-AAs, giving eligible investors a more consolidated financial view.

Q9. D — 31 December 2026

The RBI indicated that the Account Aggregator interoperability and related CAS measures are expected to be implemented by 31 December 2026.

Q10. E — Financial markets and infrastructure

TCCFM provides a structured consultation forum covering money markets, government securities markets, foreign exchange markets, related derivatives and market infrastructure.

Q11. A — Capital measure ÷ Exposure measure

The Basel III leverage ratio is a non-risk-based measure designed to constrain excessive leverage. It complements risk-weighted capital requirements.

Q12. B — 4.00%

The revised RBI directions prescribe a minimum leverage ratio of 4% for Domestic Systemically Important Banks.

Q13. C — 3.50%

For banks other than D-SIBs, the minimum leverage ratio under the revised directions is 3.5%.

Q14. D — 1 April 2027

The RBI's revised leverage ratio directions dated 23 October 2026 come into effect from 1 April 2027.

Q15. E — Exposure measure

The exposure measure is the denominator of the leverage ratio. It captures relevant on-balance-sheet and off-balance-sheet exposures, subject to the prescribed regulatory adjustments.

Q16. A — Counterparty credit valuation risk

CVA reflects the market value of counterparty credit risk. Changes in credit spreads and other relevant market factors can affect CVA and create losses for banks.

Q17. B — Derivatives and relevant counterparty exposures

SA-CCR is a standardised methodology for measuring counterparty credit risk exposures, particularly those arising from derivatives and other transactions within its scope.

Q18. C — ₹2 lakh

RTGS is designed for high-value transfers. The RBI-prescribed minimum transaction amount is ₹2 lakh, with no RBI-imposed upper ceiling.

Q19. D — Half-hourly batches

NEFT transactions are processed in half-hourly settlement batches. NEFT is available round the clock throughout the year.

Q20. E — National Payments Corporation of India

NPCI operates UPI, an instant payment system that facilitates interoperable bank-to-bank transfers through mobile applications.

QUICK REVISION CAPSULE

Topic| Key fact

Repo rate| 5.50%

SDF rate| 5.25%

MSF / Bank Rate| 5.75%

October 2026 policy stance| Calibrated tightening

AA interoperability| Expected by 31 Dec 2026

TCCFM| Financial markets consultation

D-SIB leverage ratio| 4.00%

Other banks' leverage ratio| 3.50%

Revised leverage directions| Effective 1 Apr 2027

CVA directions| Effective 1 Apr 2027

SA-CCR directions| Effective 1 Apr 2027

RTGS minimum| ₹2 lakh

NEFT settlement| Half-hourly batches

UPI operator| NPCI

SELF-ASSESSMENT

Score| Performance

18–20| Excellent — Mains-ready performance

15–17| Very good — strengthen weak areas

11–14| Good — revise regulatory concepts

Below 11| Needs focused preparation

Your challenge: Can you score 20/20?

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