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.
| 1051. |
FDI to India decreased to _______________ billion dollars last year from 44 billion dollars in 2016 while outflows from India, the main source of investment in South Asia, more than doubled, according to a new trade report by the UN. |
| A. | 39 billion dollars |
| B. | 38 billion dollars |
| C. | 41 billion dollars |
| D. | 40 billion dollars |
| Answer» E. | |
| 1052. |
Who has appointed as the IDBI Bank's CEO and Managing Director for a temporary period of three months? |
| A. | Arjit Basu |
| B. | Sandeep Bakhshi |
| C. | B Sriram |
| D. | Inder Jit Singh |
| Answer» D. Inder Jit Singh | |
| 1053. |
SEBI has approved amendments to buyback and takeover regulations and changed the time for announcing the price band of initial public offering (IPO) from 5 to _________ days recently. |
| A. | 10 days |
| B. | 9 days |
| C. | 7 days |
| D. | 2 days |
| Answer» E. | |
| 1054. |
RBI revised the upwards housing loan limits under Priority Sector Lending. The existing family income limit of Rs 2 lakh per annum for availing of the loans for housing projects for Economically Weaker Sections (EWS) and Low Income Groups (LIG) now stands revised to Rs ________ lakh per annum and Rs _________ lakh per annum, respectively. |
| A. | 3 lakh and 6 lakh |
| B. | 4 lakh and 7 lakh |
| C. | 6 lakh and 8 lakh |
| D. | 7 lakh and 5 lakh |
| Answer» B. 4 lakh and 7 lakh | |
| 1055. |
Concerned over funds sent abroad under the ‘maintenance of close relative’ category of the LRS, the RBI has narrowed the definition of relatives to check the flow of funds. LRS stands for- |
| A. | Logical Remittance Scheme |
| B. | Liberalised Remittance Scheme |
| C. | Liberalised Remittance System |
| D. | Liberalised Remittance Service |
| Answer» C. Liberalised Remittance System | |
| 1056. |
RBI has eased investment norms for FPIs in debt, especially into individual large corporates, a move that can help attract more overseas flows and thereby help arrest the recent fall in the rupee. What is the meaning of "I" in FPIs? |
| A. | Indian |
| B. | Increase |
| C. | Initial |
| D. | Investors |
| Answer» E. | |
| 1057. |
Who has appointed as whole-time director and chief operating officer (COO) of ICICI Bank recently? |
| A. | B Sriram |
| B. | Sandeep Bakhshi |
| C. | Arjit Basu |
| D. | Inder Jit Singh |
| Answer» C. Arjit Basu | |
| 1058. |
Global Rating agency Fitch has announced that ICICI Bank and Axis Bank have inequalities in their risk control mechanisms and has revised down its outlook on the latter to negative on sour assets worries. Where is the headquarters of Fitch? |
| A. | London |
| B. | New York |
| C. | Paris |
| D. | Both (a) and (b) |
| Answer» E. | |
| 1059. |
Marg ERP limited, a leading Inventory and Accounting software solution company has partnered with __________________, by consolidated assets, to offer an integrated payments platform to MSME customers, using MARG's accounting software. |
| A. | ICICI Bank |
| B. | State Bank of India |
| C. | Axis Bank |
| D. | Bank of Baroda |
| Answer» B. State Bank of India | |
| 1060. |
Union Cabinet has approved the proposal for grant of permission to _______________ to raise additional share capital of up to a maximum of 24,000 crore rupees. |
| A. | ICICI Bank |
| B. | State Bank of India |
| C. | HDFC Bank |
| D. | Bank of Baroda |
| Answer» D. Bank of Baroda | |
| 1061. |
Which organization has released the draft guidelines to modify the loan system for delivery of bank credit, making the rules stricter to regulate larger borrowers enjoying working capital facility from the banking system? |
| A. | RBI |
| B. | SEBI |
| C. | NABARD |
| D. | sbi |
| Answer» B. SEBI | |
| 1062. |
In a bid to check loan defaults, RBI stated that a PCR will be set up containing information on all borrowers to ensure financial stability. What is the full form of PCR? |
| A. | Public Credit Review |
| B. | Public Customer Registry |
| C. | Public Credit Registry |
| D. | Public Credit Rating |
| Answer» D. Public Credit Rating | |
| 1063. |
RBI has made changes in the Gold Monetisation Scheme (GMS) to make it more attractive. In which year Gold Monetisation Scheme was launched? |
| A. | 2017 |
| B. | 2016 |
| C. | 2015 |
| D. | 2013 |
| Answer» D. 2013 | |
| 1064. |
Monetary Policy Committee (MPC) of RBI has increased the policy Repo Rate under the liquidity adjustment facility (LAF) by 25 basis points to _______________ percent in the Second Bi-monthly Monetary Policy Statement (2018-19). |
| A. | 5.75 percent |
| B. | 6.25 percent |
| C. | 6.50 percent |
| D. | 6.75 percent |
| Answer» C. 6.50 percent | |
| 1065. |
Reserve Bank has stated that interest subsidy scheme on short-term crop loans of up to ____________ lakh rupees will be implemented through the Direct Benefit Transfer (DBT) mode from the current financial year. |
| A. | nine lakh |
| B. | five lakh |
| C. | six lakh |
| D. | three lakh |
| Answer» E. | |
| 1066. |
ETFs are mutual funds listed and traded on stock exchanges like shares. ETFs stands for- |
| A. | Electronic Traded Funds |
| B. | Exchange Time Funds |
| C. | Exchange Traded Finance |
| D. | Exchange Traded Funds |
| Answer» E. | |
| 1067. |
MSF rate refers to the rate at which the scheduled banks can borrow funds overnight from RBI against government securities. What is the meaning of "F" in MSF? |
| A. | Funded |
| B. | Financial |
| C. | Facility |
| D. | Flow |
| Answer» E. | |
| 1068. |
CRR is the amount of funds that the banks have to keep with the RBI. What is the full form of CRR? |
| A. | Cash Rate Ratio |
| B. | Cash Reserve Rate |
| C. | Cash Reserve Ratio |
| D. | Common Reserve Ratio |
| Answer» D. Common Reserve Ratio | |
| 1069. |
MDR is a fee charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments. MDR stands for- |
| A. | Merchant Discount Ratio |
| B. | Merchant Discount Rate |
| C. | Merchant Discount Rating |
| D. | Merchant Development Rate |
| Answer» C. Merchant Discount Rating | |
| 1070. |
CBLO is a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan. What is the meaning of "B" in CBLO? |
| A. | Borrowing |
| B. | Balance |
| C. | Banking |
| D. | Basel |
| Answer» B. Balance | |
| 1071. |
Where is the head office of African Development Bank? |
| A. | Ouagadougou |
| B. | Abidjan |
| C. | Porto-Novo |
| D. | Accra |
| Answer» C. Porto-Novo | |
| 1072. |
African Development Bank is coordinating the implementation of an integrated development strategy for Portuguese-speaking countries in Africa. In which among the following year African Development Bank was founded? |
| A. | 1984 |
| B. | 1977 |
| C. | 1972 |
| D. | 1963 |
| Answer» E. | |
| 1073. |
IIB is a multilateral institution for development that promotes social and economic development, prosperity, and economic cooperation between its member states. IIB stands for- |
| A. | International Investment Bank |
| B. | International Indian Bank |
| C. | International Installment Bank |
| D. | International Institution Bank |
| Answer» B. International Indian Bank | |
| 1074. |
Where is the Head Office of EBRD? |
| A. | Rome |
| B. | Vienna |
| C. | Berlin |
| D. | London |
| Answer» E. | |
| 1075. |
The EBRD is an international financial institution. EBRD stands for- |
| A. | European Basel for Reconstruction and Development |
| B. | European Bank for Reconstruction and Department |
| C. | European Bank for Reconstruction and Development |
| D. | English Bank for Reconstruction and Development |
| Answer» D. English Bank for Reconstruction and Development | |
| 1076. |
Which nationalized bank was the first to sponsor a regional rural bank in India? |
| A. | Syndicate Bank |
| B. | Bank of India |
| C. | Union Bank of India |
| D. | Central Bank of India |
| Answer» B. Bank of India | |
| 1077. |
What are the cooperative banks at the village level known as? |
| A. | Central cooperative banks |
| B. | Primary agricultural cooperative societies |
| C. | Village cooperative banks |
| D. | State cooperative banks |
| Answer» C. Village cooperative banks | |
| 1078. |
Which of the following is not a method of credit control? |
| A. | Cash reserve ratio |
| B. | Open market operations |
| C. | Credit deposit ratio |
| D. | Bank rate policy |
| Answer» D. Bank rate policy | |
| 1079. |
Increase in remittances from non-resident Indians suggest— |
| A. | Increase in the balance of payments deficit in India |
| B. | Reduces the balance of payments deficit in India |
| C. | Has no effect on the balance of payments position |
| D. | All of the above |
| Answer» C. Has no effect on the balance of payments position | |
| 1080. |
The ICICI Bank board has appointed ICICI Prudential Life Insurance CEO _________________ as whole-time director and chief operating officer (COO). |
| A. | Sandeep Bakhshi |
| B. | Arvind Saxena |
| C. | Sharad Kumar |
| D. | NS Kannan |
| Answer» B. Arvind Saxena | |
| 1081. |
IRDAI has formed a panel to review the regulations pertaining to insurance marketing firms. The committee is headed by- |
| A. | CV Rao |
| B. | E Sreedharan |
| C. | Suresh Mathur |
| D. | Biju Patnaik |
| Answer» D. Biju Patnaik | |
| 1082. |
Infosys has completed the acquisition of WongDoody Holding Company, a US-based digital creative and consumer insights agency, for a total consideration of upto _____________ million. |
| A. | $10 |
| B. | $55 |
| C. | $65 |
| D. | $75 |
| Answer» E. | |
| 1083. |
Fitch Ratings raised India growth forecast for 2018-19 to ___________ from 7.3% but cited higher financing costs and rising oil prices as risks to growth. |
| A. | 7.5% |
| B. | 7.1% |
| C. | 7.6% |
| D. | 7.4% |
| Answer» E. | |
| 1084. |
Coins are minted in ___________ mints owned by the Government of India. |
| A. | two |
| B. | four |
| C. | three |
| D. | Six |
| Answer» C. three | |
| 1085. |
The Department of Currency Management has the responsibility of administering the functions of currency management, a core function of the Reserve Bank in terms of which act? |
| A. | Securities and Exchange Board of India Act, 1992 |
| B. | Reserve Bank of India Act, 1934 |
| C. | Banking Regulation Act, 1949 |
| D. | Negotiable Instruments Act, 1881 |
| Answer» C. Banking Regulation Act, 1949 | |
| 1086. |
The Department of Currency Management in cooperation with the Issue Departments of the Reserve Bank’s Regional Offices across India oversees currency management. The Department of Currency Management is located in- |
| A. | Kolkata |
| B. | Pune |
| C. | Mumbai |
| D. | New Delhi |
| Answer» D. New Delhi | |
| 1087. |
Along with Government of India, ______________ are responsible for the design, production and overall management of the nation’s currency, with the goal of ensuring an adequate supply of clean and genuine notes. |
| A. | NABARD |
| B. | Finance Ministry |
| C. | RBI |
| D. | SEBI |
| Answer» D. SEBI | |
| 1088. |
Commercial bills market is a part of- |
| A. | organised money market |
| B. | unorganised money market |
| C. | stock market |
| D. | capital market |
| Answer» B. unorganised money market | |
| 1089. |
Commercial paper can be issued by- |
| A. | by all corporates |
| B. | by primary dealers |
| C. | by All-India Financial Institutions |
| D. | All of the above |
| Answer» E. | |
| 1090. |
The actual return of an investor is reduced sometimes as the prices of the commodities go up all of a sudden. In financial sector, this type of phenomenon is known as- |
| A. | probability risk |
| B. | market risk |
| C. | inflation risk |
| D. | credit risk |
| Answer» C. inflation risk | |
| 1091. |
__________________ is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. |
| A. | Development bonds |
| B. | Insurance policies |
| C. | Mutual funds |
| D. | Sovereign wealth funds |
| Answer» E. | |
| 1092. |
Many a times, we read a term ‘SEPA’ in financial newspapers. What is the full form of the SEPA? |
| A. | Single Exchange Processing Agency |
| B. | Single Euro Payments Area |
| C. | Single Electronic Processing Agency |
| D. | Super Electronic Purchase Agency |
| Answer» C. Single Electronic Processing Agency | |
| 1093. |
In a company, the use of price-sensitive corporate information by the company people to make gains or cover losses is known as- |
| A. | insider trading |
| B. | future trading |
| C. | foreign trading |
| D. | stock trading |
| Answer» B. future trading | |
| 1094. |
The availability or cash and other cash like marketable instruments that are useful in purchases and investments are commonly known as-? |
| A. | cash crunch |
| B. | liquidity |
| C. | credit |
| D. | marketability |
| Answer» C. credit | |
| 1095. |
Which of the following organisations is known as the market regulator in India? |
| A. | IBA |
| B. | SEBI |
| C. | AMFI |
| D. | NSDL |
| Answer» C. AMFI | |
| 1096. |
In the capital market, the term arbitrage is used with reference to- |
| A. | purchase of securities to cover the sale |
| B. | sale of securities to reduce the loss on purchase |
| C. | The simultaneous purchase and sale of an asset to profit from an imbalance in the price |
| D. | variation in different markets |
| Answer» D. variation in different markets | |
| 1097. |
Which is the first Indian company to be listed on NASDAQ? |
| A. | Reliance |
| B. | TCS |
| C. | HCL |
| D. | Infosys |
| Answer» E. | |
| 1098. |
The stock market index of London, stock market is referred as- |
| A. | sensex |
| B. | footsie |
| C. | nifty |
| D. | bullish |
| Answer» C. nifty | |
| 1099. |
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 | |
| 1100. |
Which of the following cannot be called as a debt instrument as referred in financial transactions? |
| A. | Certificate of deposits |
| B. | Loans |
| C. | Commercial papers |
| D. | Stocks |
| Answer» C. Commercial papers | |