MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Which among the following is an example of micro-economic variable? |
| A. | Employment |
| B. | Consumer s Equilibrium |
| C. | National Income |
| D. | Aggregate Supply |
| Answer» C. National Income | |
| 2. |
In which year, the first bank of India "Bank of Hindustan" was established ? |
| A. | 1865 |
| B. | 1894 |
| C. | 1806 |
| D. | 1809 |
| E. | 1770 |
| Answer» F. | |
| 3. |
Name the apex organization of industrial finance in India. |
| A. | IFCI |
| B. | IDBI |
| C. | ICICI |
| D. | IIFI |
| E. | BCIF |
| Answer» C. ICICI | |
| 4. |
How many digits are there in an Aadhaar Virtual D? |
| A. | 18 |
| B. | 16 |
| C. | 12 |
| D. | 10 |
| E. | 11 |
| Answer» C. 12 | |
| 5. |
Who was the Finance Minister of India when Banking Nationalization was done in 1969? |
| A. | Morarji Desai |
| B. | Indira Gandhi |
| C. | Yashwantrao Chavan |
| D. | Chidambaram Subramaniam |
| Answer» C. Yashwantrao Chavan | |
| 6. |
Among the following international currencies which one is NOT included in the SDR basket of IMF? |
| A. | Australian Dollar |
| B. | Euro |
| C. | Renminbi |
| D. | Yen |
| E. | Pound Sterling |
| Answer» B. Euro | |
| 7. |
Collateralised Borrowing and Lending Obligation (CBLO) is an instrument of- |
| A. | Capital Market |
| B. | Commodity Market |
| C. | Futures Market |
| D. | Money Market |
| E. | Derivative Market |
| Answer» E. Derivative Market | |
| 8. |
RBI directed banks to provide doorstep banking facilities to- |
| A. | Poor women |
| B. | Citizens above 50 years of age |
| C. | Children below 15 years of age |
| D. | Scheduled tribe persons |
| E. | Differently abled persons |
| Answer» F. | |
| 9. |
Asset Reconstruction Companies are regulated by- |
| A. | SEBI |
| B. | RBI |
| C. | GOI |
| D. | FCI |
| E. | IDBI |
| Answer» C. GOI | |
| 10. |
Name the first bank in India to introduce biodegradable cards. |
| A. | Axis Bank |
| B. | HDFC Bank |
| C. | Yes Bank |
| D. | ICICI Bank |
| E. | Laxmi Vilas Bank |
| Answer» B. HDFC Bank | |
| 11. |
India's first international stock exchange 'India INX' is wholly subsidiary of |
| A. | RBI |
| B. | SEBI |
| C. | BSE |
| D. | NSE |
| E. | SBI |
| Answer» D. NSE | |
| 12. |
Which country has unveiled recently World's first train that operates on a virtual track using sensor technology? |
| A. | Japan |
| B. | China |
| C. | India |
| D. | Bangladesh |
| E. | None of these |
| Answer» C. India | |
| 13. |
Where has opened the World's first IAEA Low Enriched Uranium (LEU) Bank ? |
| A. | Afghanistan |
| B. | Kazakhstan |
| C. | Turkmenistan |
| D. | Uzbekistan |
| E. | Iran |
| Answer» C. Turkmenistan | |
| 14. |
Name the pilot project of NABARD for Digitalisation of Self-Help Groups (SHGS). |
| A. | e-sarthi |
| B. | e- sathi |
| C. | e- shakti |
| D. | e-nari |
| E. | None of these |
| Answer» D. e-nari | |
| 15. |
Rural Infrastructure Development Fund (RIDF) is maintained by- |
| A. | Ministry of Rural Development |
| B. | RBI |
| C. | SIDBI |
| D. | NABARD |
| E. | Ministry of Agriculture |
| Answer» E. Ministry of Agriculture | |
| 16. |
Finance Minister Arun Jaitley had launched new tax payer service module, called |
| A. | Aaykar Setu |
| B. | Aaykar Sahayta |
| C. | Aaykar Mitra |
| D. | Aaykar Sathi |
| E. | None of above |
| Answer» B. Aaykar Sahayta | |
| 17. |
Deen Dayal Upadhyaya Gram Jyoti Yojana is a scheme of Govt. of India designed to pro- vide continuous electricity to rural India, was launched in |
| A. | 2013 |
| B. | 2014 |
| C. | 2015 |
| D. | 2016 |
| E. | None of the given options |
| Answer» D. 2016 | |
| 18. |
Who among of the following is UN Chief? |
| A. | Ban Ki-Moon |
| B. | Roberto Azevedo |
| C. | Yukia Amano |
| D. | Christine Lagarde |
| E. | Antonio Guterres |
| Answer» F. | |
| 19. |
Who has given the concept that 'Bad Money drives Good Money out of circulation? |
| A. | Robert Giffen |
| B. | Thomas Gresham |
| C. | J. R. Hicks |
| D. | W.J. Baumol |
| E. | Alfred Marshall |
| Answer» C. J. R. Hicks | |
| 20. |
Commercial Paper can be issued in the de- nomination of |
| A. | 25,000 |
| B. | 50,000 |
| C. | 1,00,000 |
| D. | 5,00,000 |
| E. | None of these |
| Answer» E. None of these | |
| 21. |
Name the first Payment Bank of India that launches integrated UPI on its digital plat form. |
| A. | Airtel Payments Bank |
| B. | Paytm Payments Bank |
| C. | India Post Payments Bank |
| D. | FINO Payments Bank |
| E. | None of these |
| Answer» B. Paytm Payments Bank | |
| 22. |
Debenture holders of a company are its |
| A. | Debtors |
| B. | Directors |
| C. | Shareholders |
| D. | Creditors |
| Answer» E. | |
| 23. |
Guarantee to an exporter that the importer of his goods will pay immediately for the goods ordered by him, is known as _______________. |
| A. | Inflation |
| B. | Letter of Credit (L/C) |
| C. | Laissez-faire |
| D. | None of the above |
| Answer» C. Laissez-faire | |
| 24. |
ATMs cards are issued to a person who maintains the accounts of |
| A. | Saving account |
| B. | Term deposit account |
| C. | Current account |
| D. | Both 1 & 2 |
| E. | Either 1 or 3 |
| Answer» F. | |
| 25. |
Which is India's first company to open with White Label ATMs? |
| A. | Airtel Finance Ltd |
| B. | Muthoot Finance |
| C. | Vakrangee Ltd. |
| D. | Hitachi money spot |
| E. | Tata indicash |
| Answer» F. | |
| 26. |
Which among the following is considered to be the most liquid asset? |
| A. | Bitcoin |
| B. | Gold |
| C. | Cheque |
| D. | T - bill |
| E. | Money |
| Answer» F. | |
| 27. |
What happens when CRR is increased? |
| A. | It decreases the money supply |
| B. | It increases the money supply |
| C. | It decreases inflation |
| D. | Only 1 & 3 |
| E. | All of the above |
| Answer» E. All of the above | |
| 28. |
Who is the chairperson of the Monetary Policy Committee of India? |
| A. | RBI Governor |
| B. | Prime Minister |
| C. | Finance Minister |
| D. | Chief Economic Advisor |
| E. | All of the above |
| Answer» B. Prime Minister | |
| 29. |
In which year RBI introduced cheque truncation system? |
| A. | 2005 |
| B. | 2006 |
| C. | 2008 |
| D. | 2010 |
| E. | 2013 |
| Answer» D. 2010 | |
| 30. |
Concept of "Service Area Approach" was recommended by : |
| A. | R.V. Gupta |
| B. | A.D. Gorawala |
| C. | Dr. P.D. Ojha Committee |
| D. | Dr. Kalia |
| E. | None of these |
| Answer» B. A.D. Gorawala | |
| 31. |
Electronic Fund Transfer scheme of RBI has been renamed as : |
| A. | Clearing |
| B. | Core Banking Solutions |
| C. | Real Time Gross Settlement |
| D. | National Electronic Fund Transfer |
| E. | None of these |
| Answer» E. None of these | |
| 32. |
RBI absorbs liquidity in the system through : |
| A. | Repo |
| B. | Reverse Repo |
| C. | Both A and B |
| D. | Either A or B |
| E. | None of these |
| Answer» C. Both A and B | |
| 33. |
Mutual Funds are required to be registered with : |
| A. | AMFI |
| B. | SEBI |
| C. | IBA |
| D. | RBI |
| E. | FCAT |
| Answer» C. IBA | |
| 34. |
Which is the first bank in India to launch its interactive banking service through Dish TV ? |
| A. | SBI |
| B. | ICICI Bank |
| C. | HDFC Bank |
| D. | Axis Bank |
| E. | Dhan Laxmi bank |
| Answer» C. HDFC Bank | |
| 35. |
What is the full form of ASBA: |
| A. | Allotment supported by Blocked Amount |
| B. | Application supported by Blocked Amount |
| C. | Application supported by Bank Amount |
| D. | Allotment supported by Bank Account |
| E. | None of these |
| Answer» C. Application supported by Bank Amount | |
| 36. |
FDR is: |
| A. | Fix Date Rate |
| B. | Fixed Deposit Receipt |
| C. | Full Date Rate |
| D. | All of the above |
| E. | None of these |
| Answer» C. Full Date Rate | |
| 37. |
CRM means: |
| A. | Customer Relationship Management |
| B. | Customer Retention Manager |
| C. | Customer's Relatives Meet |
| D. | Channel Route Market |
| E. | None of these |
| Answer» B. Customer Retention Manager | |
| 38. |
Angelique Kerber is a/an ___________________ professional tennis player and former world No. 1, and a three-time Grand Slam champion. |
| A. | German |
| B. | American |
| C. | France |
| D. | Swiss |
| E. | Australian |
| Answer» B. American | |
| 39. |
World's first thermal battery power plant is started in which state? |
| A. | Andhra Pradesh |
| B. | Kerala |
| C. | Uttar Pradesh |
| D. | Maharashtra |
| E. | Gujarat |
| Answer» B. Kerala | |
| 40. |
The difference between exports and imports is called? |
| A. | Assets and liabilities |
| B. | Balance of payment |
| C. | GDP |
| D. | Balance of trade |
| E. | Depreciation |
| Answer» F. | |
| 41. |
What is the minimum paid-up equity capital for small finance banks? |
| A. | Rs 10 crore |
| B. | Rs 500 crore |
| C. | Rs 100 crore |
| D. | Rs 200 crore |
| E. | Rs 1000 crore |
| Answer» D. Rs 200 crore | |
| 42. |
The World Economic Outlook (WEO) is a survey conducted and published by- |
| A. | WTO |
| B. | World Bank |
| C. | UNCTAD |
| D. | New Development Bank |
| E. | International Monetary Fund |
| Answer» F. | |
| 43. |
Public Sector Enterprises (PSEs) is comes under which ministry? |
| A. | Ministry of Heavy Industries and Public Enterprises |
| B. | Ministry of Environment, Forest and Climate Change |
| C. | Ministry of Personnel, Public Grievances and Pensions |
| D. | Ministry of Corporate Affairs |
| E. | Ministry of New and Renewable Energy |
| Answer» B. Ministry of Environment, Forest and Climate Change | |
| 44. |
Digital wallet company Paytm has launched 'Paytm Money' app for mutual fund investments. The Paytm Money platform will be offering systematic investment plans (SIPs), starting at how much rupees per month? |
| A. | Rs 300 |
| B. | Rs 400 |
| C. | Rs 200 |
| D. | Rs 500 |
| E. | Rs 100 |
| Answer» F. | |
| 45. |
HDFC stands for: |
| A. | Higher Development Finance Corporation |
| B. | Housing Development Finance Corporation |
| C. | Himachal Development Finance Corporation |
| D. | Human Development Finance corporation |
| E. | None of These |
| Answer» C. Himachal Development Finance Corporation | |
| 46. |
FCCB stands for: |
| A. | Finance and Currency Controller Board |
| B. | Foreign Currency Convertible Bond |
| C. | Foreign Collection for Cash Board |
| D. | Foreign Collection for Credit Board |
| E. | None of these |
| Answer» C. Foreign Collection for Cash Board | |
| 47. |
"DD" in banking term stands for: |
| A. | Demand Cheque |
| B. | Doordarshan |
| C. | Demand Draft |
| D. | None of These |
| Answer» D. None of These | |
| 48. |
Accounts in which shares of various companies are traded in electronic form are called: |
| A. | Demat Accounts |
| B. | Revenue Accounts |
| C. | E- Accounts |
| D. | Saving accounts |
| E. | None of these |
| Answer» B. Revenue Accounts | |
| 49. |
The reserves which can act as liquidity buffer for commercial banks during crisis times are: |
| A. | CRR and SLR |
| B. | Only CRR |
| C. | Only SLR |
| D. | Reverse Repo rate |
| E. | None of these |
| Answer» B. Only CRR | |
| 50. |
Which of the following is not acceptable as address proof for opening a bank account by an individual? |
| A. | Letter from any recognized public authority |
| B. | Domicile certificate |
| C. | A rent agreement indicating the address of the customer duly registered with State Govt. |
| D. | Other than those gives as options. |
| Answer» D. Other than those gives as options. | |