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.
| 1501. |
RNBCs cannot accept deposits for a period less than ____ months and more than ____ months. |
| A. | 12, 60 |
| B. | 12, 72 |
| C. | 24, 72 |
| D. | 12, 84 |
| Answer» E. | |
| 1502. |
RNBCs should offer a rate of interest of ______ on daily deposits. |
| A. | 5.5% |
| B. | 3.4% |
| C. | 4.6% |
| D. | 3.5% |
| Answer» E. | |
| 1503. |
RNBCs should offer a rate of interest of not less than ____ per annum on term deposits |
| A. | 5% |
| B. | 4% |
| C. | 6% |
| D. | 7% |
| Answer» B. 4% | |
| 1504. |
What is the full form of RNBC? |
| A. | Reserve Non-Banking Company |
| B. | Reverse Non-Banking Company |
| C. | Residential Non-Banking Company |
| D. | Residuary Non-Banking Company |
| Answer» E. | |
| 1505. |
DVP III is a settlement process in which settlements are done on _______ after achieving multilateral netting. |
| A. | Delivery Versus Payment |
| B. | Payment Versus Payment |
| C. | Payment Versus Delivery |
| D. | Payment and Settlement |
| Answer» B. Payment Versus Payment | |
| 1506. |
What is the full form of SEPA? |
| A. | Simple Euro Payments Area |
| B. | Simple Euro Payments Attempt |
| C. | Single Euro Payments Area |
| D. | Single Euro Payments Attempt |
| Answer» D. Single Euro Payments Attempt | |
| 1507. |
How many digits are there in CIBIL score? |
| A. | 4 |
| B. | 3 |
| C. | 6 |
| D. | 9 |
| Answer» C. 6 | |
| 1508. |
Which of the following is/are used in the loan approval processes? |
| A. | Credit Information Report (CIR) |
| B. | CIBIL TransUnion Score |
| C. | Both(1) and (2) |
| D. | STRIPS |
| Answer» D. STRIPS | |
| 1509. |
________ are unsecured bonds that cannot be converted to company equity or stock. |
| A. | Fully Convertible Debentures |
| B. | Partly Convertible Debentures |
| C. | Convertible Debentures |
| D. | Non Convertible Debentures |
| Answer» E. | |
| 1510. |
__________ is a web-based application for submission of Collateral Notices and Membership related data electronically. |
| A. | e-Notice System |
| B. | Settlement Guarantee Fund |
| C. | Exposure Limit |
| D. | Default Fund |
| Answer» B. Settlement Guarantee Fund | |
| 1511. |
Continuous Linked Settlement (CLS) Bank offers settlement in ______currencies |
| A. | 16 |
| B. | 17 |
| C. | 24 |
| D. | 18 |
| Answer» E. | |
| 1512. |
Which of the folllowing is CCIL’s Settlement Member? |
| A. | American Express Banking Corp. |
| B. | UBS Switzerland AG |
| C. | BNP Paribas |
| D. | Antwerp Diamond Bank NV. |
| Answer» C. BNP Paribas | |
| 1513. |
What are the types of trades that are currently settled through CCIL? |
| A. | Forex inter-bank Cash |
| B. | Tom |
| C. | Spot |
| D. | All of these |
| Answer» E. | |
| 1514. |
Which of the following is owned by the RBI and is operated by CCIL on behalf of the RBI? |
| A. | RTGS |
| B. | SSS |
| C. | NDS-OM |
| D. | All of these |
| Answer» D. All of these | |
| 1515. |
Which of the following is the country’s first and one of the largest security custodians to financial institutions? |
| A. | CRISIL |
| B. | NABARD |
| C. | FMC |
| D. | SHCIL |
| Answer» E. | |
| 1516. |
Stock Holding Corporation of India Ltd (SHCIL) was established in 1986 as a ________ company |
| A. | Private Limited |
| B. | Unlimited |
| C. | Public limited |
| D. | Limited Liability Partnership |
| Answer» D. Limited Liability Partnership | |
| 1517. |
SEBI has _________ functions rolled into one body. |
| A. | Three |
| B. | Four |
| C. | Two |
| D. | Five |
| Answer» B. Four | |
| 1518. |
Which of the following is Asia’s first and the world’s fastest stock exchange? |
| A. | BSE |
| B. | NSE |
| C. | CSE |
| D. | ISE |
| Answer» B. NSE | |
| 1519. |
The Chairman of SEBI is nominated by? |
| A. | Union Finance Ministry |
| B. | RBI |
| C. | Government of India |
| D. | All of these |
| Answer» D. All of these | |
| 1520. |
Which of the following is/are the domestic share holder(s) of NSE? |
| A. | LIC & SBI |
| B. | IFCI Limited |
| C. | IDFC Limited |
| D. | All of these |
| Answer» E. | |
| 1521. |
Which of the following is responsible for e-stamping system around India? |
| A. | CRISIL |
| B. | NABARD |
| C. | FMC |
| D. | SHCIL |
| Answer» E. | |
| 1522. |
Which of the following is the first demutualized electronic exchange in the country? |
| A. | BSE |
| B. | NSE |
| C. | CSE |
| D. | ISE |
| Answer» C. CSE | |
| 1523. |
A non banking entity to function as BBPOUs, it should have a net worth of at least Rs. _________ as per the last audited balance sheet and the same has to be maintained at all times. |
| A. | 100 crore |
| B. | 50 crore |
| C. | 500 crore |
| D. | 1000 crore |
| Answer» B. 50 crore | |
| 1524. |
India was ___________ Nation to join Society for Worldwide Interbank Financial Telecommunication(SWIFT) Network |
| A. | 78th |
| B. | 74th |
| C. | 76th |
| D. | 75th |
| Answer» C. 76th | |
| 1525. |
SENSEX is associated with ______ |
| A. | BSE |
| B. | NSE |
| C. | CSE |
| D. | ISE |
| Answer» B. NSE | |
| 1526. |
The Head Quarters of Society for Worldwide Interbank Financial Telecommunication(SWIFT)is located in ________ |
| A. | Bern, Switzerland |
| B. | La Hulpe, Belgium |
| C. | Geneva, Switzerland |
| D. | New York, USA |
| Answer» C. Geneva, Switzerland | |
| 1527. |
The last three characters in the SWIFT code denotes ________ |
| A. | Bank Code |
| B. | Country Code |
| C. | Branch Code |
| D. | location Code |
| Answer» D. location Code | |
| 1528. |
The seventh and eighth code in the SWIFT code represents _______ |
| A. | Bank Code |
| B. | Country Code |
| C. | Branch Code |
| D. | location Code |
| Answer» E. | |
| 1529. |
The fifth and sixth code in the SWIFT code represents _______ |
| A. | Bank Code |
| B. | Country Code |
| C. | Branch Code |
| D. | location Code |
| Answer» C. Branch Code | |
| 1530. |
First 4 characters in the SWIFT code refers to _________ |
| A. | Bank Code |
| B. | Country Code |
| C. | Branch Code |
| D. | location Code |
| Answer» B. Country Code | |
| 1531. |
How many codes are there in SWIFT code? |
| A. | 8 |
| B. | 11 |
| C. | 7 |
| D. | Both (A) and (B) |
| Answer» E. | |
| 1532. |
______ is a standard format of Bank Identifier Codes(BIC) for banks to identify banks and financial institutions globally. |
| A. | RTGS |
| B. | IFSC |
| C. | NEFT |
| D. | SWIFT |
| Answer» E. | |
| 1533. |
The minimum capital requirement Payment Banks is Rs.________ |
| A. | 100 crore |
| B. | 50 crore |
| C. | 500 crore |
| D. | 1000 crore |
| Answer» B. 50 crore | |
| 1534. |
In Payment Banks, the voting right of any shareholder is capped at 10%, which can be raised to __ ___by Reserve Bank of India. |
| A. | 26% |
| B. | 30% |
| C. | 45% |
| D. | 50% |
| Answer» B. 30% | |
| 1535. |
In Payment Banks, the stake of the promoter should be 40% minimum for ______ years |
| A. | 3 years |
| B. | 4 years |
| C. | 5 years |
| D. | 2 years |
| Answer» D. 2 years | |
| 1536. |
The small finance bank cannot be a _______ for another bank. |
| A. | Agent |
| B. | Promoter |
| C. | Business Correspondent (BC) |
| D. | Ombudsman |
| Answer» D. Ombudsman | |
| 1537. |
The small finance bank shall be registered as a _________company under the Companies Act, 2013. |
| A. | Private Limited |
| B. | Unlimited |
| C. | Public limited |
| D. | Limited Liability Partnership |
| Answer» D. Limited Liability Partnership | |
| 1538. |
How much percentage of the net credits of Small Finance Banks should be in priority sector lending? |
| A. | 25% |
| B. | 30% |
| C. | 45% |
| D. | 75% |
| Answer» E. | |
| 1539. |
What is the initial stake of promoters in the paid-up equity capital of Small Finance Banks? |
| A. | 25% |
| B. | 30% |
| C. | 40% |
| D. | 50% |
| Answer» D. 50% | |
| 1540. |
If a promoter setting up a small finance bank desires to set up a Payments Bank, the firm should set up both types of banks under a _______ structure |
| A. | NBFC |
| B. | NOFHC |
| C. | LAB |
| D. | MFI |
| Answer» C. LAB | |
| 1541. |
The promoters of Small Finance Banks should have _______ experience in banking and finance? |
| A. | 8 years |
| B. | 11 years |
| C. | 7 years |
| D. | 10 years |
| Answer» E. | |
| 1542. |
What is the initial capital amount to start Small Finance Banks? |
| A. | 100 crore |
| B. | 200 crore |
| C. | 500 crore |
| D. | 1000 crore |
| Answer» B. 200 crore | |
| 1543. |
The Reserve Bank of India will shortly issue Rs ______ denomination banknotes in the Mahatma Gandhi Series-2005, with inset letter ‘L’ in both the number panels. |
| A. | 20 |
| B. | 10 |
| C. | 1 |
| D. | 50 |
| Answer» C. 1 | |
| 1544. |
India Post Payments Bank(IPPB) will offer _______ |
| A. | Forex |
| B. | Mutual funds |
| C. | Pension |
| D. | All of these |
| Answer» E. | |
| 1545. |
India Post Payments Bank(IPPB) will offer demand deposits such as savings and current accounts upto a balance of Rs. ____ |
| A. | 2 lakh |
| B. | 1 lakh |
| C. | 10 lakh |
| D. | 50 lakh |
| Answer» C. 10 lakh | |
| 1546. |
Which of the following is the sponsor of Prathama Bank? |
| A. | Syndicate Bank |
| B. | ICICI |
| C. | IDBI |
| D. | Axis |
| Answer» B. ICICI | |
| 1547. |
India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with _______ equity. |
| A. | 100% GOI equity |
| B. | 50% GOI and 50% RBI |
| C. | 50% GOI, 25% RBI, 25% Sponsor Bank |
| D. | 50% Sponsor Bank and 50% RBI |
| Answer» B. 50% GOI and 50% RBI | |
| 1548. |
Which of the following is the first Regional Rural Bank of India? |
| A. | AP Grameena vikas Bank |
| B. | Chaitanya Godavari |
| C. | Andhra Pragathi |
| D. | Prathama Bank |
| Answer» E. | |
| 1549. |
The Reserve Bank will shortly issue Rs. _____ denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels. |
| A. | 20 |
| B. | 10 |
| C. | 1000 |
| D. | 50 |
| Answer» E. | |
| 1550. |
As of 2016-2017, State Bank of Sikkim(SBS) has expanded to _______in Sikkim. |
| A. | 50 branches |
| B. | 30 branches |
| C. | 70 branches |
| D. | 40 branches |
| Answer» E. | |