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.
| 1251. |
Banks are required to maintain SLR under_____ |
| A. | Section 24 of the Banking Regulation Act |
| B. | Section 35 of the Negotiable Instrument Act, 1881 |
| C. | Section 24 of RBI Act |
| D. | Section 40 of Indian Contract Act, 1872 |
| Answer» B. Section 35 of the Negotiable Instrument Act, 1881 | |
| 1252. |
The Definition of ‘Banking’ is given in _______ |
| A. | Negotiable Instrument Act, 1881 |
| B. | RBI Act, 1934 |
| C. | The Banking Regulation Act, 1949 |
| D. | Indian Contract Act, 1872 |
| Answer» D. Indian Contract Act, 1872 | |
| 1253. |
The rules framed in the Clayton’s case have been incorporated in _________ |
| A. | Banking Regulation Act, 1949 |
| B. | Reserve Bank of India Act, 1934 |
| C. | Negotiable Instruments Act, 1881 |
| D. | Indian Contract Act, 1872 |
| Answer» E. | |
| 1254. |
The headquarter of ONICRA is ______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Gurugram |
| D. | Noida |
| Answer» D. Noida | |
| 1255. |
STANDARD & POOR’S (S&P) is located in _______ |
| A. | New York |
| B. | Washington D.C |
| C. | Los Angeles |
| D. | San Francisco |
| Answer» B. Washington D.C | |
| 1256. |
Credit Information Bureau India Limited (CIBIL) is India’s first Credit Information Company (CIC) headquartered at ________ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Noida |
| D. | Gurugram |
| Answer» B. New Delhi | |
| 1257. |
SME Rating Agency of India Limited (SMERA), a third party rating agency is situated in _______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Noida |
| D. | Gurugram |
| Answer» B. New Delhi | |
| 1258. |
The headquarter of CARE is ______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Noida |
| D. | Gurugram |
| Answer» B. New Delhi | |
| 1259. |
The headquarters of Investment Information & Credit Rating Agency(ICRA) Limited is located in _________ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Noida |
| D. | Gurugram |
| Answer» E. | |
| 1260. |
Headquarter of Agriculture of Finance Corporation(AFC) is situated at_______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Noida |
| D. | Gurugram |
| Answer» B. New Delhi | |
| 1261. |
National Sample Survey Organization(NSSO) is an organization under the ________ |
| A. | Ministry of Finance |
| B. | Ministry of Statistics |
| C. | Ministry of Commerce |
| D. | All (B) and (C) |
| Answer» B. Ministry of Statistics | |
| 1262. |
The Central Statistical Office (CSO) is located in _____ |
| A. | Mumbai |
| B. | Chennai |
| C. | New Delhi |
| D. | Noida |
| Answer» D. Noida | |
| 1263. |
NCAER is located in _______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Noida |
| D. | Chennai |
| Answer» C. Noida | |
| 1264. |
Which of the following is/are functions of CERSAI? |
| A. | check frauds in lending against equitable mortgages |
| B. | maintains a central registry of equitable mortgages |
| C. | Provides loan |
| D. | Both (A) and (B) |
| Answer» E. | |
| 1265. |
According to _________, Any person can also search and inspect the records maintained by the Registry on payment of fees. |
| A. | Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. |
| B. | Companies Act, 1956 |
| C. | Both (A) and (B) |
| D. | None of these |
| Answer» E. | |
| 1266. |
Which of the following defines the objectives of CERSAI? |
| A. | Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. |
| B. | Companies Act, 1956 |
| C. | Banking Regulation Act, 1949 |
| D. | Both (A) and (B) |
| Answer» B. Companies Act, 1956 | |
| 1267. |
Which of the following is/are provided by the platform of CERSAI? |
| A. | Registrations of transactions of securitisation |
| B. | Asset Reconstruction |
| C. | Security Interest |
| D. | All of the Above |
| Answer» E. | |
| 1268. |
Financial institutions must register details of security interests created by them with CERSAI within howmany days of its creation? |
| A. | 30 |
| B. | 60 |
| C. | 15 |
| D. | 90 |
| Answer» B. 60 | |
| 1269. |
Which of the following is/are share holders of CERSAI? |
| A. | GOI |
| B. | RBI |
| C. | PSBs |
| D. | (A), and (C) |
| Answer» E. | |
| 1270. |
CERSAI incorporated with majority share holding of ________ |
| A. | Government of India |
| B. | National Housing Bank |
| C. | Public Sector Banks |
| D. | Both (B) and (C) |
| Answer» B. National Housing Bank | |
| 1271. |
CERSAI was registered as a government-licensed company, under section 25 of _________ |
| A. | Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. |
| B. | Companies Act, 1956 |
| C. | Banking Regulation Act, 1949 |
| D. | Both (A) and (B) |
| Answer» C. Banking Regulation Act, 1949 | |
| 1272. |
The headquarters of CERSAI located in ________ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Hyderabad |
| D. | Gurugram |
| Answer» C. Hyderabad | |
| 1273. |
SBI has been named as domestic systemically important banks (D-SIBs) this year. What additional capital it will have to maintain as a percent of loans and investments? |
| A. | 0.2% |
| B. | 0.4% |
| C. | 0.6% |
| D. | 0.8% |
| Answer» D. 0.8% | |
| 1274. |
Which two banks have been given the tag “too big too fail” for the year 2016? |
| A. | ICICI and Axis Bank |
| B. | Axis Bank and Punjab National Bank |
| C. | Punjab National bank and SBI |
| D. | SBI and ICICI |
| Answer» E. | |
| 1275. |
For customers of how many banks, the UPI mobile application is going to launch in the first phase? |
| A. | 21 |
| B. | 19 |
| C. | 15 |
| D. | 25 |
| Answer» B. 19 | |
| 1276. |
IndusInd Bank has tied up with which company to use its Cloud commerce solutions to transform customer engagements and enhance its cross-sell platforms? |
| A. | Accenture |
| B. | Infosys |
| C. | Wipro |
| D. | IBM |
| Answer» E. | |
| 1277. |
Who has been named as the new RBI Governor? |
| A. | Subir Gokarn |
| B. | Arundhati Bhattacharya |
| C. | R. Gandhi |
| D. | Urjit R Patel |
| Answer» E. | |
| 1278. |
After Mumbai, Doha bank is now going to open its branches in which city? |
| A. | Palakkad |
| B. | Kochi |
| C. | Idukki |
| D. | Kasaragod |
| Answer» C. Idukki | |
| 1279. |
Which bank recently tied up with Chillr for cashless transactions? |
| A. | Federal Bank |
| B. | DCB Bank |
| C. | IDFC Bank |
| D. | Karnataka Bank |
| Answer» B. DCB Bank | |
| 1280. |
With which card company has Axis bank launched its contactless debit cards? |
| A. | MasterCard |
| B. | RuPay |
| C. | EuroPay |
| D. | Visa |
| Answer» E. | |
| 1281. |
Which company is providing free 4G sims to certain smartphone users like Samsung, LG, etc.? |
| A. | Airtel |
| B. | Vodafone |
| C. | Reliance |
| D. | Aircel |
| Answer» D. Aircel | |
| 1282. |
SMERA has been registered under _______ |
| A. | Securities and Exchange Board of India Act, 1992 |
| B. | Reserve Bank of India Act, 1934 |
| C. | Banking Regulation Act, 1949 |
| D. | Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 |
| Answer» E. | |
| 1283. |
Which of the following has awarded SIDBI with “Outstanding Development Project Award” for setting up SMERA? |
| A. | Standard & Poor |
| B. | IBRD |
| C. | ADB |
| D. | ADFIAP |
| Answer» E. | |
| 1284. |
SMERA is also em-panelled as an approved rating agency by_______ |
| A. | SIDBI |
| B. | NABARD |
| C. | NSIC |
| D. | Both (B) and (C) |
| Answer» D. Both (B) and (C) | |
| 1285. |
Which of the following instruments rated/graded by SMERA? |
| A. | Commercial Papers |
| B. | Security Receipts |
| C. | Fixed Deposits |
| D. | All of these |
| Answer» E. | |
| 1286. |
Credit Rating Agency, SMERA accredited by ________ |
| A. | SEBI |
| B. | SIDBI |
| C. | NABARD |
| D. | RBI |
| Answer» E. | |
| 1287. |
SMERA is the ______ rating agency in the country? |
| A. | First |
| B. | Sixth |
| C. | Seventh |
| D. | Eighth |
| Answer» C. Seventh | |
| 1288. |
SMERA Ratings Ltd (SMERA) is registered by ______ |
| A. | SEBI |
| B. | SIDBI |
| C. | NABARD |
| D. | RBI |
| Answer» B. SIDBI | |
| 1289. |
The Headquarters of SMERA is located in _______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Hyderabad |
| D. | Gurugram |
| Answer» B. New Delhi | |
| 1290. |
SMERA is a joint initiative of _________ |
| A. | SIDBI & Leading PSBs |
| B. | Dun & Bradstreet Information Services India Private Limited (D&B) & Leading Private Banks |
| C. | RBI & SEBI |
| D. | Both (A) and (B) |
| Answer» E. | |
| 1291. |
Which of the following is the slogan of CIBIL? |
| A. | Empowering Banks |
| B. | Empowering Women |
| C. | Empowering India |
| D. | Empowering you |
| Answer» E. | |
| 1292. |
Which of the following holds majority stake in CIBIL? |
| A. | Bank of India |
| B. | Bank of Baroda |
| C. | United Bank of India |
| D. | TransUnion International |
| Answer» E. | |
| 1293. |
Which of the following holds minority stake in CIBIL? |
| A. | Bank of India |
| B. | TransUnion International |
| C. | Aditya Birla Trustee Company Private Ltd |
| D. | India Infoline Finance Limited |
| Answer» E. | |
| 1294. |
Which of the following holds 4% stake in CIBIL? |
| A. | Bank of India |
| B. | TransUnion International |
| C. | Aditya Birla Trustee Company Private Ltd |
| D. | ICICI Bank Ltd |
| Answer» D. ICICI Bank Ltd | |
| 1295. |
Which of the following is/are technical partners of CIBIL? |
| A. | TransUnion International |
| B. | Dun and Bradstreet |
| C. | SIDBI & PSBs |
| D. | Both (A) and (B) |
| Answer» E. | |
| 1296. |
Which of the following plays an important role in the loan approval process? |
| A. | Credit Information Report (CIR) |
| B. | CIBIL TransUnion Score |
| C. | Only A |
| D. | Both (A) and (B) |
| Answer» E. | |
| 1297. |
A Credit Bureau is governed by _________ |
| A. | Securities and Exchange Board of India Act, 1992 |
| B. | Reserve Bank of India Act, 1934 |
| C. | Banking Regulation Act, 1949 |
| D. | Credit Information Companies (Regulation) Act of 2005 |
| Answer» E. | |
| 1298. |
How many divisions are there in CIBIL? |
| A. | one |
| B. | Two |
| C. | Three |
| D. | Four |
| Answer» C. Three | |
| 1299. |
Which of the following provides license to a credit bureau? |
| A. | SEBI |
| B. | SIDBI |
| C. | NABARD |
| D. | RBI |
| Answer» E. | |
| 1300. |
In terms of _________, HFCs cannot conduct business of housing finance without obtaining a Certificate of Registration (CoR) from NHB |
| A. | Section 29A of National Housing Bank 1987 |
| B. | Section 28A of National Housing Bank 1987 |
| C. | Section 27A of National Housing Bank 1987 |
| D. | Section 26A of National Housing Bank 1987 |
| Answer» B. Section 28A of National Housing Bank 1987 | |