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.
| 751. |
____________ Chief Minister Manohar Parrikar presented in the state assembly Rs. 17,123-crore budget for 2018-19, an increase of 6.84% over the ongoing fiscal. |
| A. | Dadra and Nagar Haveli |
| B. | Gujarat |
| C. | Goa |
| D. | Maharashtra |
| Answer» D. Maharashtra | |
| 752. |
Retirement fund body Employees’ Provident Fund Organisation (EPFO) has reduced the interest rate on deposits to ___________ for 2017-18 from 8.65% for 2016-17. |
| A. | 8.35% |
| B. | 8.40% |
| C. | 8.45% |
| D. | 8.55% |
| Answer» E. | |
| 753. |
When an agent asks a customer to invest in a Mutual Fund product without telling him/her about the risks involved in the investment, the process is termed as ______ |
| A. | Mis-selling |
| B. | Undertaking |
| C. | Misappropriation of Funds |
| D. | cross selling |
| Answer» B. Undertaking | |
| 754. |
Uttar Pradesh Finance Minister Rajesh Aggarwal has presented a mega budget of over __________________ with a focus on farmers, artisans, youth, infrastructure and urban development. |
| A. | Rs 12.31 lakh crore |
| B. | Rs 04.28 lakh crore |
| C. | Rs 05.72 lakh crore |
| D. | Rs 10.17 lakh crore |
| Answer» C. Rs 05.72 lakh crore | |
| 755. |
APB is a repository of Aadhaar number of residents and their primary bank account number used for receiving all social security and entitlement payments from various government agencies. What is the meaning of "B" in APB? |
| A. | Base |
| B. | Bridge |
| C. | Bond |
| D. | Banking |
| Answer» C. Bond | |
| 756. |
AEPS is a system that leverages Aadhaar online authentication and enables AEBAs to be operated in anytime-anywhere banking mode by the marginalized d financially excluded segments of society through microATMs. What is the meaning of "E" in AEPS? |
| A. | Equity |
| B. | Essential |
| C. | Electronic |
| D. | Enabled |
| Answer» E. | |
| 757. |
LEI India Limited is Wholly Owned Subsidiary of- |
| A. | Clearing Corporation of India Limited |
| B. | Bharatiya Reserve Bank Note Mudran Private Limited |
| C. | Small Industries Development Bank of India |
| D. | Reserve Bank of India |
| Answer» B. Bharatiya Reserve Bank Note Mudran Private Limited | |
| 758. |
LEI is a global reference number that uniquely identifies every legal entity or structure that is party to a financial transaction. What is the meaning of "I" in LEI? |
| A. | Insurer |
| B. | Indian |
| C. | Identifier |
| D. | Increase |
| Answer» D. Increase | |
| 759. |
The FRDI Bill is part of a larger, more comprehensive approach by the Centre towards systematic resolution of all financial firms. FRDI stands for- |
| A. | Financial Resolution and Deposit India |
| B. | Financial Resolution and Deposit International |
| C. | Financial Resolution and Deposit Initial |
| D. | Financial Resolution and Deposit Insurance |
| Answer» E. | |
| 760. |
Serious Fraud Investigation Office (SFIO) has been established and it has started functioning since- |
| A. | 1st October, 2003 |
| B. | 1st October, 2004 |
| C. | 1st October, 2007 |
| D. | 1st October, 2012 |
| Answer» B. 1st October, 2004 | |
| 761. |
Who is the chairperson of NCLAT? |
| A. | Balvinder Singh |
| B. | Sudhansu Jyoti Mukhopadhaya |
| C. | Bansi Lal Bhat |
| D. | AIS Cheema |
| Answer» C. Bansi Lal Bhat | |
| 762. |
The NCLAT was constituted under Section 410 of the Companies Act, 2013. What is the meaning of "A" in NCALT? |
| A. | Agreement |
| B. | Association |
| C. | Appellate |
| D. | Agency |
| Answer» D. Agency | |
| 763. |
In the first phase of National Company Law Tribunal the Ministry of Corporate Affairs have set up eleven Benches, one Principal Bench. The Principal Bench is located in- |
| A. | Bengaluru |
| B. | Kolkata |
| C. | Chennai |
| D. | New Delhi |
| Answer» E. | |
| 764. |
In which year National Company Law Tribunal (NCLT) was set up- |
| A. | 2012 |
| B. | 2016 |
| C. | 2013 |
| D. | 2014 |
| Answer» C. 2013 | |
| 765. |
According to the TRA Brand Trust Report 2018, the State Bank of India was the most-trusted bank (both public and private sector) in the country and ______________ topped the chart among the private ones. |
| A. | Kotak Mahindra Bank |
| B. | Axis Bank |
| C. | ICICI Bank |
| D. | HDFC Bank |
| Answer» D. HDFC Bank | |
| 766. |
Name the Bank, which has come up with an alternate and convenient method of cash withdrawal for its customers and that Bank is now providing facilities of cash through ‘Cash@POS’ initiative? |
| A. | HDFC Bank |
| B. | Bank of Baroda |
| C. | ICICI Bank |
| D. | State Bank of India |
| Answer» E. | |
| 767. |
NABARD has extended total credit support of Rs 14,690 crore to ______________ for 2017-18. |
| A. | Rajasthan |
| B. | Himachal Pradesh |
| C. | West Bengal |
| D. | Maharashtra |
| Answer» B. Himachal Pradesh | |
| 768. |
Bandhan Bank Limited became one of the top 50 most valuable publicly traded firms in India. Where is the Headquarters of Bandhan Bank? |
| A. | Mumbai |
| B. | Kolkata |
| C. | Chennai |
| D. | Varanasi |
| Answer» C. Chennai | |
| 769. |
Yes Bank has announced the launch of ‘Yes GST’, an OD (over draft) facility for- |
| A. | SME |
| B. | MSME |
| C. | BPL People |
| D. | Farmers |
| Answer» C. BPL People | |
| 770. |
Which Bank was beaten India’s largest lender State Bank of India (SBI) for the first time to become the second most valued bank in the country recently. |
| A. | ICICI Bank |
| B. | Axis Bank |
| C. | Kotak Mahindra Bank |
| D. | HDFC Bank |
| Answer» D. HDFC Bank | |
| 771. |
Which Bank has launched new products such as pre-approved credit card and UPI solution to mark its 124th foundation day on 12th April 2018? |
| A. | Bank of Baroda |
| B. | Punjab National Bank |
| C. | Allahabad Bank |
| D. | ICICI Bank |
| Answer» C. Allahabad Bank | |
| 772. |
National E-Repository Limited (NERL), a group company of National Commodity and Derivatives Exchange Limited (NCDEX ), has brought in __________ and ________________ on board as the depository participants for pledge finance. |
| A. | Federal Bank and HDFC Bank |
| B. | State Bank OF India and HDFC Bank |
| C. | ICICI Bank and Kotak Mahindra Bank |
| D. | ICICI Bank and HDFC Bank |
| Answer» E. | |
| 773. |
The Reserve Bank of India has tightened reporting norms for the LRS under which an individual can transfer up to USD 2,50,000 abroad in a year. What is the full form of LSR? |
| A. | Liberalised Remittance Scheme |
| B. | Liberalised Remittance Service |
| C. | Liberalised Remittance System |
| D. | Legel Remittance Scheme |
| Answer» B. Liberalised Remittance Service | |
| 774. |
The World Bank has approved how much amount to expand the use of clean renewable energy in rural areas of Bangladesh where grid electricity cannot reach easily? |
| A. | $50mn |
| B. | $215mn |
| C. | $100mn |
| D. | $55mn |
| Answer» E. | |
| 775. |
Jammu and Kashmir Bank has launched a special financing scheme named 'Add-on Working Capital GST' to help the state industry cope with the delay in reimbursement of GST under special tax relief. Who is the present Chairman and CEO of J&K Bank? |
| A. | Ajay Tyagi |
| B. | Mohammad Ansari |
| C. | HR Khan |
| D. | Parvez Ahmed |
| Answer» E. | |
| 776. |
The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of __________ million pounds from its parent entity. |
| A. | 225 million pounds |
| B. | 400 million pounds |
| C. | 725 million pounds |
| D. | 1050 million pounds |
| Answer» B. 400 million pounds | |
| 777. |
Which of the following Bank will be investing a total of Rs 80 billion in the Arun III hydropower project of Nepal, which has 900 megawatts (MW) electricity production capacities? |
| A. | Punjab National Bank |
| B. | Bank of Baroda |
| C. | State Bank of India |
| D. | ICICI Bank |
| Answer» D. ICICI Bank | |
| 778. |
Deutsche Bank AG named Christian Sewing as the Chief Executive officer of the Bank recently. Deutsche Bank based in- |
| A. | Brazil |
| B. | USA |
| C. | Singapore |
| D. | Germany |
| Answer» E. | |
| 779. |
RBI, in consultation with the Government has hiked the foreign portfolio investors (FPI) investment limit in Central government securities (G-Sec) from 5% of outstanding stock now to _________ in FY2019 and _________ in FY2020. |
| A. | 5.5% and 6.5% |
| B. | 5.5% and 6.0% |
| C. | 6.0% and 6.5% |
| D. | 6.5% and 7.0% |
| Answer» C. 6.0% and 6.5% | |
| 780. |
Who has been appointed as the Chairman of the National Association of Software and Services Companies (NASSCOM) for 2018-19? |
| A. | PP Malhotra |
| B. | Raman Roy |
| C. | Dilip Chenoy |
| D. | Rishad Premji |
| Answer» E. | |
| 781. |
Which among the following bank has entered into an agreement for information utility services with the National E-Governance Services Limited (NeSL)? |
| A. | Indian Overseas Bank |
| B. | ICICI Bank |
| C. | State Bank of India |
| D. | Bank of Baroda |
| Answer» B. ICICI Bank | |
| 782. |
The Reserve Bank of India has revised the KYC guidelines recently. What is the full form of KYC? |
| A. | Know Young Customer |
| B. | Know Your Consumer |
| C. | Know Your Customer |
| D. | Know Your Custom |
| Answer» D. Know Your Custom | |
| 783. |
Private sector lender ____________ has received the Reserve Bank of India’s (RBI) approval to open two representative offices in London and Singapore recently. |
| A. | HDFC Bank |
| B. | Axis Bank |
| C. | Bandhan Bank |
| D. | Yes Bank |
| Answer» E. | |
| 784. |
National Stock Exchange of India (NSE) has announced the launch of its "e - Gsec" platform for facilitating the non-competitive bidding in Government of India Dated Securities (G-Sec) and Treasury Bills (T-Bills). Where is the Corporate Office of NSE? |
| A. | New Delhi |
| B. | Mumbai |
| C. | Pune |
| D. | Kolkata |
| Answer» C. Pune | |
| 785. |
Which of the following country is now the world’s sixth largest economy, according to the database of the International Monetary Fund’s World Economic Outlook (WEO) for April 2018? |
| A. | India |
| B. | Germany |
| C. | Japan |
| D. | China |
| Answer» B. Germany | |
| 786. |
The International Monetary Fund (IMF) has stated that India is expected to grow at _________ in 2018 and __________ in 2019 and would re-emerge as one of the fastest growing major economies in the period. |
| A. | 7.8% and 7.9% |
| B. | 7.1% and 7.5% |
| C. | 7.4% and 7.7% |
| D. | 7.4% and 7.8% |
| Answer» E. | |
| 787. |
CII has announced that it expects India's gross domestic product (GDP) to grow at 7.3-7.7% during the 2018-19 financial year. CII stands for- |
| A. | Confederation of Indian Industry |
| B. | Corporation of Indian Industry |
| C. | Confederation of International Industry |
| D. | Confederation of Indian Institute |
| Answer» B. Corporation of Indian Industry | |
| 788. |
How much amount has been raised the authorised capital of NABARD by Union government to help it increase its lending to the rural economy recently? |
| A. | Rs 600 billion |
| B. | Rs 900 billion |
| C. | Rs 100 billion |
| D. | Rs 300 billion |
| Answer» E. | |
| 789. |
Asian Development Bank has projected that India’s economic growth is set to rise to _________ this fiscal and further to ___________ in the next financial year, on back of GST and banking reforms recently. |
| A. | 7.7% and 7.9% |
| B. | 7.3% and 7.6% |
| C. | 7.4% and 7.7% |
| D. | 7.2% and 7.4% |
| Answer» C. 7.4% and 7.7% | |
| 790. |
In which year BIS was established? |
| A. | 1935 |
| B. | 1921 |
| C. | 1930 |
| D. | 1944 |
| Answer» D. 1944 | |
| 791. |
Where is the head office of BIS? |
| A. | Bern |
| B. | Nyon |
| C. | Davos |
| D. | Basel |
| Answer» E. | |
| 792. |
The BIS is an international financial institution owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks". What is the full form of BIS? |
| A. | Bank for International Settlements |
| B. | Bank for Indian Settlements |
| C. | Bank for Institution Settlements |
| D. | Bank for International System |
| Answer» B. Bank for Indian Settlements | |
| 793. |
The Associated Chambers of Commerce and Industry of India or ASSOCHAM is one of the apex trade associations of India. Where is the Corporate Office of ASSOCHAM? |
| A. | Kolkata |
| B. | Chennai |
| C. | Pune |
| D. | New Delhi |
| Answer» E. | |
| 794. |
KOSPI is the index of all common stocks traded on the Stock Market Division in- |
| A. | Canada |
| B. | South Korea |
| C. | Brazil |
| D. | China |
| Answer» C. Brazil | |
| 795. |
The FTSE Straits Times Index (STI) is a capitalization-weighted stock market index that is regarded as the benchmark index for the ____________ stock market. |
| A. | Australia |
| B. | South Africa |
| C. | Canada |
| D. | Singapore |
| Answer» E. | |
| 796. |
The DAX is a blue-chip stock market index. DAX index belongs to which of the following stock exchanges? |
| A. | France |
| B. | Germany |
| C. | Canada |
| D. | Brazil |
| Answer» C. Canada | |
| 797. |
The Hang Seng Index is a freefloat-adjusted market capitalization-weighted stock market index in- |
| A. | Japan |
| B. | Thailand |
| C. | China |
| D. | Hong Kong |
| Answer» E. | |
| 798. |
The Nikkei index belongs to which of the following stock exchanges? |
| A. | Tokyo |
| B. | Beijing |
| C. | New York |
| D. | Bangkok |
| Answer» B. Beijing | |
| 799. |
The Dow Jones Industrial Average, or simply the Dow, is a stock market index based in- |
| A. | Germany |
| B. | Japan |
| C. | USA |
| D. | China |
| Answer» D. China | |
| 800. |
What is the tagline of HDFC Bank? |
| A. | Banking with the personal touch |
| B. | Let’s make money simple |
| C. | We understand your world |
| D. | We make money simple |
| Answer» D. We make money simple | |