✅ Important MCQ Recent on 29 March 2026 Best Banking Current Affairs
1️⃣ Which institution issued revised prudential norms for dividend payouts by commercial banks effective from FY27 ?
A) SEBI
B) Finance Ministry
C) RBI
D) NABARD
✅ Answer: C) RBI
Explanation: RBI dividend norms: Banks can pay up to 75% of profits as payout from FY27 The Reserve Bank of India has capped the maximum dividend payout by banks at 75% of profit after tax (PAT), with the new prudential norms set to take effect from the financial year 2026-27.
29 March 2026 Best Banking Current Affairs
2️⃣ The NBFC–Miscellaneous Amendment Directions, 2026 were issued by RBI to support which organisation as the Umbrella Organisation (UO)?
A) SIDBI
B) NABARD
C) NUCFDC
D) EXIM Bank
✅ Answer: C) NUCFDC
Explanation: RBI’s NBFC–Miscellaneous Amendment Directions, 2026, designatedNational Urban Co-operative Finance and Development Corporation Ltd (NUCFDC)as Umbrella Organisation (UO) for Urban Co-operative Banks (UCBs).
3️⃣ Till which date will the special provisions under NBFC–Miscellaneous Amendment Directions, 2026 remain effective ?
A) 31 March 2027
B) 31 March 2028
C) 31 March 2029
D) 31 March 2030
✅ Answer: C) 31 March 2029
Explanation: The Directions shall remain in force untilMarch 31, 2029, unless modified, withdrawn, or extended earlier.
4️⃣ How much worth of Government Securities did RBI purchase through Open Market Operations (OMO) to increase liquidity?
A) ₹25,000 crore
B) ₹40,000 crore
C) ₹50,000 crore
D) ₹75,000 crore
✅ Answer: C) ₹50,000 crore
Explanation: The Reserve Bank of India (RBI) announced OMO purchases of ₹1 lakh crore (1 trillion) in two tranches of ₹50,000 crore each in March 2026 to inject durable liquidity into the banking system, specifically targeting tightening conditions from advance tax payments. This follows previous significant purchases, including ₹2 lakh crore in late 2025/early 2026.
5️⃣ RBI proposed a compensation framework for fraudulent digital banking transactions up to what amount?
A) ₹10,000
B) ₹25,000
C) ₹50,000
D) ₹1,00,000
✅ Answer: C) ₹50,000
Explanation: The RBI has proposed a draft compensation framework for small-value fraudulent digital banking transactions, offering to reimburse victims up to₹25,000. This compensation applies to total reported losses of up to₹50,000, with a maximum of 85% of the net loss or ₹25,000 (whichever is lower) for a single, one-time lifetime claim per customer.
6️⃣ RBI approved SBI Mutual Fund to acquire up to what percentage stake in Bandhan Bank?
A) 5%
B) 7.5%
C) 9.99%
D) 12%
✅ Answer: C) 9.99%
Explanation: The Reserve Bank of India (RBI) has approved SBI Mutual Fund to acquire up to9.99%of the paid-up share capital or voting rights in Bandhan Bank. The approval was communicated in February 2026 and is valid for one year, requiring compliance with RBI regulations and the Banking Regulation Act.
