MCQOPTIONS
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MCQOPTIONS
This section includes 3109 Mcqs, each offering curated multiple-choice questions to sharpen your Bank PO Exam (Generic) knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Teaser loan are generally given for |
| A. | Home loans |
| B. | Car loans |
| C. | Personal loans |
| D. | Can be given on any loan |
| Answer» B. Car loans | |
| 2. |
Which of the following remains at the top of organizational structure of RBI? |
| A. | Governor |
| B. | Executive directors |
| C. | Central board of directors |
| D. | Chief general manager |
| Answer» D. Chief general manager | |
| 3. |
Who nominates directors on the central board of RBI? |
| A. | Governor of RBI |
| B. | Government of India |
| C. | A Panel of all commercial banks |
| D. | Empowered group of ministers |
| Answer» C. A Panel of all commercial banks | |
| 4. |
SEBI is a |
| A. | Constitutional body |
| B. | Statutory body |
| C. | Advisory body |
| D. | Non-statutory body |
| Answer» C. Advisory body | |
| 5. |
Who compiles Economic Survey report in India? |
| A. | RBI |
| B. | Ministry of Finance |
| C. | SEBI |
| D. | IRDA |
| Answer» C. SEBI | |
| 6. |
Which of the following is considered as the founding father of World Bank? |
| A. | Harry Dexter |
| B. | Lord Keynes |
| C. | LB Johnson |
| D. | Both (a) and (b) |
| Answer» E. | |
| 7. |
Economic planning is an essential feature of |
| A. | Dual economy |
| B. | Mixed economy |
| C. | Social economy |
| D. | Capitalist economy |
| Answer» D. Capitalist economy | |
| 8. |
The place where bankers meet and settle their mutual claims and accounts is known as |
| A. | Clearing house |
| B. | Dumping ground |
| C. | Collection and clearing centre |
| D. | Treasury |
| Answer» B. Dumping ground | |
| 9. |
Credit is a |
| A. | Stock concept |
| B. | Flow concept |
| C. | A stock-flow concept |
| D. | A holding concept |
| Answer» D. A holding concept | |
| 10. |
Which of the following is not shared by the centre and the states? |
| A. | Income tax |
| B. | Corporation tax |
| C. | Sales tax |
| D. | None of these |
| Answer» D. None of these | |
| 11. |
Expand CRAR in terms of banking sector. |
| A. | Capital- to- Return Asset Ratio |
| B. | Capital –to-Risk Asset Ratio |
| C. | Capital –to-Risk Asset Range |
| D. | Core Risk Asset Return |
| Answer» C. Capital –to-Risk Asset Range | |
| 12. |
Who was the first Indian Governor of RBI? |
| A. | Yash Pal Singh |
| B. | Hemant Rao |
| C. | CD Deshmukh |
| D. | Jaipal Singh |
| Answer» D. Jaipal Singh | |
| 13. |
If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on the credit creation will be to |
| A. | Decrease it |
| B. | No effect |
| C. | Increase it |
| D. | None of these |
| Answer» D. None of these | |
| 14. |
If the price rises by more than 20% and less than 1000% per annum, what type of inflation it is? |
| A. | Galloping inflation |
| B. | Creeping inflation |
| C. | Stagflation |
| D. | Hyperinflation |
| Answer» B. Creeping inflation | |
| 15. |
If the price rises by not more than 3% per annum, what type of inflation it is? |
| A. | Walking inflation |
| B. | Running inflation |
| C. | Creeping inflation |
| D. | Galloping inflation |
| Answer» D. Galloping inflation | |
| 16. |
When was IDBI delinked from the RBI and taken over by Government of India? |
| A. | 1976 |
| B. | 1977 |
| C. | 1978 |
| D. | 1980 |
| Answer» B. 1977 | |
| 17. |
Expand LIBOR? |
| A. | London Inter Bank Offered Rate |
| B. | London Inter Bank Official Rate |
| C. | London Inter Bank Offered Ratio |
| D. | London International Bank Offered Rate |
| Answer» B. London Inter Bank Official Rate | |
| 18. |
In the time of monetary shortage, RBI can buy commercial bills from the market. By using this method what does RBI provide to the market? |
| A. | It sucks credit from the market. |
| B. | It injects credit into the market. |
| C. | There is no effect on the credit situation in the market. |
| D. | None of these |
| Answer» C. There is no effect on the credit situation in the market. | |
| 19. |
Out of FDI and FII, which is considered more permanent (stable)? |
| A. | FII is considered more stable than FDI. |
| B. | Both are equally stable. |
| C. | Both are equally unstable. |
| D. | FDI is considered more stable than FII. |
| Answer» E. | |
| 20. |
Through which of the following sources domestic funds are raised by companies? |
| A. | IPO only |
| B. | FPO only |
| C. | Commercial papers only |
| D. | Both IPO and FPO |
| Answer» B. FPO only | |
| 21. |
Which of the following Cheque is not honoured by the bank? |
| A. | Stale Cheque |
| B. | Crossed Cheque |
| C. | Self Cheque |
| D. | Open Cheque |
| Answer» B. Crossed Cheque | |
| 22. |
The Reserve Bank of India was established on 1935 in accordance with the provision of which of the following Act? |
| A. | The Reserve Bank of India Act, 1934 |
| B. | The Reserve Bank of India Act,1935 |
| C. | The Reserve Bank of India Act, 1947 |
| D. | The Reserve Bank of India Act, 1949 |
| Answer» B. The Reserve Bank of India Act,1935 | |
| 23. |
The maximum compensation by Banking Ombudsman for a complaint is- |
| A. | Rs.1lakh |
| B. | Rs.2lakh |
| C. | Rs.5lakh |
| D. | Rs.10lakh |
| Answer» E. | |
| 24. |
An account in which trading of shares in their electronic form is done is known as- |
| A. | NRO Account |
| B. | NRE Account |
| C. | Demat Account |
| D. | RFC Account |
| Answer» D. RFC Account | |
| 25. |
Banking sector comes under which of the following sector? |
| A. | Agriculture Sector |
| B. | Rural Sector |
| C. | Service Sector |
| D. | Finance Sector |
| Answer» D. Finance Sector | |
| 26. |
State-issued money which is neither convertible by law to any other thing, nor fixed in value in terms of any objective standard is called – |
| A. | Fiat Money |
| B. | Commercial Bank Money |
| C. | Rpresentative Money |
| D. | Liquid Money |
| Answer» B. Commercial Bank Money | |
| 27. |
Which of the following is a capital market instrument? |
| A. | Notice money |
| B. | Treasury-bills |
| C. | Debentures |
| D. | Only B & C |
| Answer» D. Only B & C | |
| 28. |
Which of the following is not a fuction at ATMs? |
| A. | Account Information |
| B. | Cheque Withdrawal |
| C. | Regular bills payment |
| D. | Mini statement |
| Answer» C. Regular bills payment | |
| 29. |
The ratio of the cash reserves that banks are required to keep with RBI is known as- |
| A. | Liquidity Ratio |
| B. | CRR |
| C. | SLR |
| D. | Bank rate |
| Answer» C. SLR | |
| 30. |
Which entity became the first-ever public sector undertaking (PSU) to issue bonus debentures as done by it on 26 March 2015? |
| A. | SAIL |
| B. | NTPCL |
| C. | OPTCL |
| D. | Both B & C |
| Answer» C. OPTCL | |
| 31. |
What does M stand for In CAMELS? |
| A. | Maintenance |
| B. | Management |
| C. | Misappropriation |
| D. | Money |
| Answer» C. Misappropriation | |
| 32. |
What do you mean by ‘Money Laundering’? |
| A. | Washing the currency notes in a good laundery |
| B. | Converting money obtained through illegal sources in to legal money |
| C. | Keeping the money in currency chests |
| D. | Sending excess cash to other branch |
| Answer» C. Keeping the money in currency chests | |
| 33. |
Which of the following appears in the balance sheet of a company? |
| A. | Subscribed Capital |
| B. | Authorized Capital |
| C. | Partner’s Capital |
| D. | Paid up Capital |
| Answer» E. | |
| 34. |
Currency chest, which have stocks of notes and coins are authorized branches of- |
| A. | RBI |
| B. | Scheduled bank |
| C. | SEBI |
| D. | Foreign Bank with Indian branches. |
| Answer» C. SEBI | |
| 35. |
Find the correct match of finance organization and their headquarters? |
| A. | ADB-Manila |
| B. | RBI-New Delhi |
| C. | IMF- NewYork |
| D. | IDA- Geneva |
| Answer» B. RBI-New Delhi | |
| 36. |
Retail banking sector is not not characterized by which of the following? |
| A. | Multiple products |
| B. | Multiple Channels of distribution |
| C. | Multiple Brands |
| D. | Mutiple consumer groups |
| Answer» D. Mutiple consumer groups | |
| 37. |
Financial services at affordable costs to the sections of disadvantaged and low-income group of society is called as- |
| A. | Financial Inclusion |
| B. | Fiancial Stability |
| C. | Deflation |
| D. | Good trade |
| Answer» B. Fiancial Stability | |
| 38. |
Which commitee has been set up to examine the un-claimed amount in PPF, post office and saving schemes? |
| A. | H devaraj Committee |
| B. | H R Khan Committee |
| C. | GopalKrishna Committee |
| D. | k V Kamath Panel |
| Answer» C. GopalKrishna Committee | |
| 39. |
What does ‘L’ stands for in term CBLO? |
| A. | Liquidilty |
| B. | Lending |
| C. | Lower |
| D. | Licence |
| Answer» C. Lower | |
| 40. |
A money market instrument used most often in India, that represents an obligation between a borrower and lender, which can be traded in the secondary market is called as- |
| A. | promissory notes |
| B. | Debentures |
| C. | CBLO |
| D. | certificate of deposite |
| Answer» D. certificate of deposite | |
| 41. |
The inflation led by rising food prices caused by increased demand for agricultural commodities is called – |
| A. | Hyperinflation |
| B. | Stagflation |
| C. | Agflation |
| D. | Deflation |
| Answer» D. Deflation | |
| 42. |
Which of the following Indian company sets it record to be the first comapany to over take its parent company in terms of ‘market valuation’? |
| A. | Mahindra & Mahindra |
| B. | Tata Motors |
| C. | Ashok Leyland |
| D. | Maruti suzuki |
| Answer» E. | |
| 43. |
Which of the following will be the co-investor for India Aspiration Fund (IAF) and SIDBI Make In India Loan For Enterprises (SMILE),funds launched by SIDBI? |
| A. | GIC |
| B. | LIC |
| C. | SBI Finance |
| D. | Tech M |
| Answer» C. SBI Finance | |
| 44. |
M-wallet (mobile wallet) application called Buddy lauched by which of the following bank? |
| A. | Axis |
| B. | State bank of Travancore |
| C. | ICICI |
| D. | SBI |
| Answer» E. | |
| 45. |
At Present, What is the maximum amount that a payment bank can accept from a depositer? |
| A. | Rs.5 lakhs |
| B. | Rs.1 lakh |
| C. | Rs.2 lakhs |
| D. | Rs.75000 |
| Answer» C. Rs.2 lakhs | |
| 46. |
Which of the following is not the function of Payment bank? |
| A. | Issue of ATM /Debit card |
| B. | Issue of Credit Card |
| C. | Accepts Deposites |
| D. | Provides remittances |
| Answer» C. Accepts Deposites | |
| 47. |
In which of the following market does devaluation of currency happen? |
| A. | Fixed exchange rate |
| B. | Floating exchange rate |
| C. | Pegged exchange rate |
| D. | Either A or B |
| Answer» B. Floating exchange rate | |
| 48. |
When the conversion rate of our currency goes high in compared to other currency , it is known as- |
| A. | Rupee Appreciation |
| B. | Rupee Devaluation |
| C. | Rupee Demodulation |
| D. | Rupee Depreciation |
| Answer» E. | |
| 49. |
The announcement of Bank holidays on 2nd and 4th Saturday will be effective from- |
| A. | 31st August 2015 |
| B. | 1st September 2015 |
| C. | 30th August 2015 |
| D. | 30th September 2015 |
| Answer» C. 30th August 2015 | |
| 50. |
How many entities have been barred recently for trading, buying, selling or dealing in the securities markets, either directly or indirectly by Securities and Exchange Board of India for manipulating markets and evading taxes? |
| A. | 60 |
| B. | 55 |
| C. | 59 |
| D. | 45 |
| Answer» D. 45 | |