Banking & Financial Awareness February 2026 Quiz, FREE PDF

Q1. In the February 2026 meeting, the RBI Monetary Policy Committee (MPC) kept the Repo Rate unchanged at what percentage?

Q2. What is the current “stance” of the RBI’s Monetary Policy as announced in February 2026?

Q3. The RBI has raised its growth forecast (GDP) for FY26 to which of the following?

Q4. What is the revised inflation forecast (Headline CPI) set by the MPC for the current period?

Q5. What is the current Standing Deposit Facility (SDF) rate as of February 2026?

Q6. The RBI doubled the collateral-free loan limit for Micro and Small Enterprises (MSEs) to how much?

Q7. From which date will the enhanced collateral-free loan limit for MSEs (Rs. 20 lakh) be applicable?

Q8. RBI Governor Sanjay Malhotra proposed a framework to compensate customers up to what amount for losses in small-value fraudulent transactions?

Q9. What is the name of the capacity-building and certification framework launched by RBI for Urban Cooperative Banks (UCBs)?

Q10. What does SAKSHAM stand for in the context of Sahakari Banks?

Q11. RBI is rolling out a “Risk-Based Premium” model for deposit insurance. What was the flat-rate premium system in place since 1962?

Q12. Under the new Risk-Based Premium regime, what is the range of premium rates banks will pay?

Q13. In the Risk-Based Premium model, how many risk categories (A, B, C, D) are banks classified into?

Q14. What is the “Vintage Incentive” cap for banks with long-standing stress-free operations under the new insurance framework?

Q15. Which investment vehicles are now allowed to borrow directly from banks according to new RBI proposals?

Q16. Loans sanctioned to which corporation for on-lending to cooperative societies are now eligible for Priority Sector Lending (PSL) classification?

Q17. What was the value of the RBI’s Digital Payments Index (DPI) as of September 2025?

Q18. Which parameter has the highest weightage (45%) in the RBI Digital Payments Index?

Q19. As per the draft guidelines on debt recovery, during what hours are recovery calls and visits permitted?

Q20. According to the updated Kisan Credit Card (KCC) draft, “Long-Duration Crops” are defined by what cycle?

Q21. RBI has proposed extending the tenure of KCC loans to how many years to match crop cycles?

Q22. Which entity will issue revised reporting formats and operating guidelines for OTC derivative transactions with UTIs?

Q23. RBI deferred the implementation of the Unique Transaction Identifier (UTI) framework for OTC derivatives to which date?

Q24. The RBI imposed a penalty of Rs. 63.60 lakh on which bank for non-compliance regarding Business Correspondents and customer service?

Q25. A penalty of Rs. 38.60 lakh was imposed on which public sector bank for issues related to locker rent and SHG reporting?

Q26. Which organization has been set up as an “Umbrella Organization” for Urban Cooperative Banks?

Q27. What is the base period for the RBI Digital Payments Index (DPI)?

Q28. Under the revised KCC guidelines, what percentage provision is earmarked for the maintenance of farm assets?

Q29. RBI tightened rules for loans to brokers, prohibiting lending for which type of trading?

Q30. Who is the current Governor of the Reserve Bank of India (as mentioned in Feb 2026 reports)?

Q31. The Marginal Standing Facility (MSF) rate is currently set at:

Q32. The “Mission SAKSHAM” aims to cover approximately how many participants across functions?

Q33. Banks are required to pay the first half insurance premium for FY27 by which date under the RBP framework?

Q34. Which entity serves as the “Shared Services Entity” (SSE) to provide technological services to Rural Cooperative Banks?

Q35. What is the limit for Net Overnight Open Position (NOOP) capped at for Authorised Dealer banks under draft FX rules?

Q36. For the KCC scheme, “Short-Duration Crops” are defined by what cycle?

Q37. How many members are in the RBI’s Monetary Policy Committee (MPC)?

Q38. The RBI has proposed that recovery agents receive certification from which institute?

Q39. Under the RBP framework, Scheduled Commercial Banks are assessed under which model?

Q40. Regional Rural Banks (RRBs) are evaluated under which insurance rating model?

Q41. The Bank Rate as of February 2026 is:

Q42. What is the weightage of “Payment Enablers” in the RBI Digital Payments Index?

Q43. What is the weightage of “Consumer Centricity” in the RBI Digital Payments Index?

Q44. According to the draft recovery rules, how long do market participants have to submit feedback on the norms?

Q45. Which department released the socio-economic impact analysis of RuPay and BHIM-UPI incentives?

Q46. Which bank was penalized Rs. 40,000 for non-compliance with KYC directions in Maharashtra?

Q47. The RBI revised its Q4 FY26 inflation projection to:

Q48. What is the growth projection for the Indian economy (Real GVA) for 2025-26?

Q49. The RBI proposed draft guidelines for protecting customers from “Mis-selling” by which entities?

Q50. What is the maximum discount stronger banks can get on deposit insurance premiums under the RBP?

Q51. According to an SBI report, what was the “Cash-to-GDP” ratio in 2025-26 (FY26)?

Q52. What was the record high value of Currency in Circulation (CIC) as of January 31, 2026?

Q53. The Global Energy Alliance for People and Planet (GEAPP) mobilized how much for India’s clean energy?

Q54. Who has been appointed as the new MD and CEO of City Union Bank effective May 1, 2026?

Q55. AU Small Finance Bank received RBI’s nod to reappoint whom as its MD & CEO?

Q56. Which state government launched the “Rah-Veer” scheme to reward road accident helpers?

Q57. What is the reward amount for a “Rah-Veer” assisting seriously injured road accident victims?

Q58. The Ministry of Power formed a committee to monitor the merger of PFC and which subsidiary?

Q59. What is the combined loan book value of PFC and REC Ltd as of February 2026?

Q60. Who is the Chairman of the High-Level Advisory Group on “Ease of Doing Business” formed by IICA?

Q61. What is the total Central Assistance approved for the “Urban Challenge Fund” (UCF)?

Q62. Which insurance organization signed an MoU with the All India Institute of Ayurveda for cashless treatment?

Q63. The Department of Posts released 8 commemorative stamps on which Indian tradition?

Q64. NHAI is developing pollinator corridors along highways under which initiative?

Q65. Which Indian state’s economy is projected to expand to Rs. 36 lakh crore in 2025-26?

Q66. What is the name of the mission aimed at digitizing manuscripts in Uttar Pradesh?

Q67. Which central ministry oversees the National Cooperative Development Corporation (NCDC)?

Q68. In which city was the first LNG-diesel dual-fuel DEMU train launched by Indian Railways?

Q69. Which defense PSU was granted “Miniratna Category-I” status in February 2026?

Q70. What is the name of the new national counter-terrorism policy unveiled by the Ministry of Home Affairs?

Q71. How many pillars form the framework of the “Prahaar” counter-terrorism policy?

Q72. The “Overseas Inventory Credit Facility” for MSMEs provides support with what percentage of guarantee coverage?

Q73. What is the maximum national reward for the 10 most outstanding “Rah-Veers” selected annually?

Q74. The CCI imposed a penalty of Rs. 27.38 crores on which corporation for its warranty policy?

Q75. What percentage of surveyed users preferred UPI transactions according to the DFS report?

Q76. Which organization committed $8–10 billion in annual financing for India under a new Partnership Framework?

Q77. The “National Monetisation Pipeline 2.0” (NMP 2.0) covers which period?

Q78. Indian Overseas Bank launched an online portal for what specific purpose in February 2026?

Q79. The upgraded “RAJMARG PRAVESH” portal primarily simplifies permissions for which of the following?

Q80. What is the name of the mascot for MoSPI mentioned in current affairs?

Q81. Which veteran leader and former Union Railway Minister passed away in February 2026?

Q82. The “AMRITVA” Alliance for Cohort 2 stands for what?

Q83. Under the Export Promotion Mission (EPM), the “Support for Alternative Trade Instruments” provides how much interest subvention?

Q84. Which state signed an MoU with Digital Bharat Nidhi for rural broadband?

Q85. “Prahaar” is an acronym for the pillars of India’s counter-terrorism strategy. What does the “P” stand for?

Q86. How many publicly listed REITs does India currently have (as of Feb 2026 reports)?

Q87. Which bank’s former Deputy Governor BP Kanungo was appointed as Non-Executive Chairman of IIFL?

Q88. “Together we can” is the slogan for which bank?

Q89. What is the target year for achieving “Viksit Bharat” as per the IICA advisory group?

Q90. The term “Water-fall mechanism” in OTC derivatives relates to:

Q91. Who is the Union Minister for Skill Development and Entrepreneurship (as of Feb 2026)?

Q92. Which chip-maker achieved a $3 trillion market cap recently?

Q93. Who is the CEO of NVIDIA?

Q94. What is the headquarter of Canara Bank?

Q95. Which body insures deposits up to Rs. 5 lakh for cooperative banks?

Q96. Banks must display a list of “empanelled recovery agents” on which platforms?

Q97. If a borrower lodges a grievance, the bank should not forward the recovery case until:

Q98. The “Gaja” Credit Card mentioned in previous data is by which bank?

Q99. Which project was sanctioned Rs. 4,000 Crore by Sagarmala Finance?

Q100. Who is the interim MD & CEO of Canara Bank as of early 2026?