State Exams GK Questions 2026

Saddle Peak rises to 732 metres in North Andaman and is the highest point in the whole union territory. It gives its name to Saddle Peak National Park, which protects the tropical evergreen forest on its slopes.

The Ten Degree Channel runs along the ten degree north parallel and divides the Andaman group from the Nicobar group, with Little Andaman on its northern side and Car Nicobar on its southern side.

This small uninhabited island in the Andaman Sea, north-east of the territorial capital, carries the only confirmed active volcano in India and in the whole of South Asia.

The scheme merged the separate ombudsman schemes for banks, for non-banking financial companies and for digital transactions into a single one nation one ombudsman arrangement, with a centralised centre to receive and process complaints in any language.

Under the Positive Pay System the issuer of a high value cheque sends the bank the key details, such as date, beneficiary name and amount, through a channel like the mobile app or internet banking, and the paying bank matches those details before honouring the cheque.

This section punishes a person who, by means of any communication device or computer resource, cheats by personation, which is exactly what a phishing website or a caller pretending to be a bank officer does.

The number is run under the national cybercrime reporting arrangement of the Ministry of Home Affairs and is meant for the immediate reporting of financial cyber fraud, alongside the National Cyber Crime Reporting Portal.

Banks report frauds to the Reserve Bank, which keeps them in the Central Fraud Registry and makes the database searchable by banks.

The highest ceiling in the table applies to other current, cash credit and overdraft accounts and to credit cards whose limit exceeds five lakh rupees.

Sharing a PIN, password or one-time password is treated as customer negligence, and in that case the circular makes the customer bear the whole loss up to the time the fraud is reported.

The circular places the burden of proof squarely on the bank: if a bank says the customer is liable, it must establish that, rather than asking the customer to prove innocence.

The circular requires every bank to have a board-approved policy fixing its own resolution period, and caps that period at ninety days from the date the complaint is received.

A shadow reversal is a provisional credit of the disputed amount into the customer's account. The circular requires the bank to make it within ten working days of the customer's notification, and specifically says the bank may not wait for any insurance claim of its own to be settled first.

The Reserve Bank's liability table sets the lowest ceiling for Basic Savings Bank Deposit accounts, which are the no-frills accounts opened for financial inclusion, because their holders are the least able to absorb a loss.

Under the Reserve Bank's circular of 6 July 2017, where the fault lies neither with the bank nor with the customer but somewhere else in the system, the customer's liability is nil if the unauthorised transaction is reported within three working days of receiving the bank's communication about it.

The Central Repository of Information on Large Credits, usually shortened to CRILC, is a database maintained by the Reserve Bank in which banks report details of every borrower whose aggregate exposure, funded and non-funded together, is five crore rupees or more.

The systemic importance score of a bank is built from four indicators: size, interconnectedness, substitutability and complexity. Size carries the highest weight because the sheer scale of a bank's balance sheet decides how much damage its failure would do.

India applies Basel III with a stricter minimum: the capital to risk weighted assets ratio must be at least nine per cent, of which Common Equity Tier 1 must be at least 5.5 per cent and Tier 1 at least seven per cent.

The Board for Financial Supervision was constituted in November 1994 so that supervision of banks, select all-India financial institutions and non-banking financial companies would get undivided attention.

Withdrawal of PCA restrictions is considered when no parameter has breached a risk threshold across four continuous quarterly financial statements, and one of those four must be the audited annual financial statement.