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.
| 1551. |
The State Bank of Sikkim is headquartered in ______ |
| A. | Mangan |
| B. | Gangtok |
| C. | Namachi |
| D. | Geyzing |
| Answer» C. Namachi | |
| 1552. |
Which of the following is not regulated by Reserve Bank of India unlike other banks in India? |
| A. | State Bank of Sikkim |
| B. | State Bank of Travancore |
| C. | IDBI |
| D. | Axis |
| Answer» B. State Bank of Travancore | |
| 1553. |
Which of the following committe has given its recommendations on “Financial Inclusion”? |
| A. | Rakesh Mohan Committee |
| B. | Shyamala Gopinath Committee |
| C. | G.N.Bajpai Committee |
| D. | Rangarajan Committee |
| Answer» E. | |
| 1554. |
Which of the following can not be called as a Debt Instrument? |
| A. | Bonds |
| B. | Certificate of Deposits |
| C. | Commercial Paper |
| D. | Stock |
| Answer» E. | |
| 1555. |
The Nippon Ginko is the central bank of: |
| A. | Canada |
| B. | Australia |
| C. | UK |
| D. | Japan |
| Answer» E. | |
| 1556. |
When was the currency system in India converted into decimal system? |
| A. | 1st April 1949 |
| B. | 1st April 1959 |
| C. | 1st April 1957 |
| D. | 1st April 1969 |
| Answer» D. 1st April 1969 | |
| 1557. |
Bankers have to maintain secrecy of customer accounts as per the provisions of _______ |
| A. | Banking Regulation Act 1949 |
| B. | Negotiable Instruments Act, 1881 |
| C. | Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970 |
| D. | Provident Funds Act 1925 |
| Answer» D. Provident Funds Act 1925 | |
| 1558. |
The Kisan Vikas Patra(KVP) was discontinued on the recommendations of which committee in November 2011? |
| A. | Dave Committee |
| B. | Shyamala Gopinath Committee |
| C. | G.N.Bajpai Committee |
| D. | Hilton Young Commission |
| Answer» C. G.N.Bajpai Committee | |
| 1559. |
Which of the following committee recommended the formation of a new category of bank called payments bank? |
| A. | Malhotra Committee |
| B. | Shivaraman Committee |
| C. | Nachiket Mor Committee |
| D. | Hilton Young Commission |
| Answer» D. Hilton Young Commission | |
| 1560. |
Which of the following committee recommended the establishment of NABARD? |
| A. | Malhotra Committee |
| B. | Shivaraman Committee |
| C. | G.N.Bajpai Committee |
| D. | Hilton Young Commission |
| Answer» C. G.N.Bajpai Committee | |
| 1561. |
Which of the following committee recommended establishment of IRDAI as an autonomous body to regulate and develop the insurance sector? |
| A. | Malhotra Committee |
| B. | Shivaraman Committee |
| C. | G.N.Bajpai Committee |
| D. | Hilton Young Commission |
| Answer» B. Shivaraman Committee | |
| 1562. |
RBI was setup on the basis of the recommendations of? |
| A. | Malhotra Committee |
| B. | Shivaraman Committee |
| C. | G.N.Bajpai Committee |
| D. | Hilton Young Commission |
| Answer» E. | |
| 1563. |
SEBI was given additional statutory power by the GOI through an amendment to which act? |
| A. | Negotiable Instruments Act 1881. |
| B. | Securities and Exchange Board of India Act, 1992 |
| C. | Reserve Bank of India Act 1934 |
| D. | Companies Act 1956 |
| Answer» C. Reserve Bank of India Act 1934 | |
| 1564. |
In the term STRIPS, the letter “S” denotes _____ |
| A. | Single |
| B. | Small |
| C. | Savings |
| D. | Separate |
| Answer» E. | |
| 1565. |
Insurance Services provided by various banks is commonly known as ______ |
| A. | Investment Banking |
| B. | Portfolio Management |
| C. | Micro Finance |
| D. | Bancassurance |
| Answer» E. | |
| 1566. |
Open Market Operations of a central bank are sale and purchase of? |
| A. | Foreign Currencies |
| B. | Corporate Securities |
| C. | Trade Bills |
| D. | Government Securities |
| Answer» E. | |
| 1567. |
What is the authorised capital of Exim bank? |
| A. | 100 Crore |
| B. | 150 Crore |
| C. | 200 Crore |
| D. | 250 Crore |
| Answer» D. 250 Crore | |
| 1568. |
Which of the following banks are insured by DICGC? |
| A. | Local Area Banks |
| B. | RRBs |
| C. | Commercial Banks |
| D. | All of these |
| Answer» E. | |
| 1569. |
The Headquarters of DICGC is? |
| A. | Hyderabad |
| B. | Mumbai |
| C. | New Delhi |
| D. | Chennai |
| Answer» C. New Delhi | |
| 1570. |
Government of India holds how much % stake in NABARD? |
| A. | 75% |
| B. | 92% |
| C. | 99% |
| D. | 50% |
| Answer» D. 50% | |
| 1571. |
Which of the following committees has given its recommendations on “Financial Inclusion”? |
| A. | Malhotra Committee |
| B. | Shivaraman Committee |
| C. | Rangarajan Committee |
| D. | Hilton Young Commission |
| Answer» D. Hilton Young Commission | |
| 1572. |
The oldest Stock Exchange of Asia is ______ |
| A. | Bombay Stock Exchange |
| B. | Calcutta Stock Exchange |
| C. | Tokyo Stock Exchange |
| D. | Dhaka Stock Exchange |
| Answer» B. Calcutta Stock Exchange | |
| 1573. |
The “KSE 100” is a stock market index for ________ |
| A. | OMX Nordic Exchange |
| B. | Toronto Stock Exchange (TSX) |
| C. | BM&F Bovespa |
| D. | Karachi Stock Exchange |
| Answer» E. | |
| 1574. |
BM&F Bovespa is headquartered in ________ |
| A. | Washington, DC USA |
| B. | Newyork, USA |
| C. | Tokya, Japan |
| D. | Saopaula, Brazil |
| Answer» E. | |
| 1575. |
The headquarters of Deutsche Börse stock exchange is? |
| A. | Washington, DC USA |
| B. | Newyork, USA |
| C. | Tokya, Japan |
| D. | Frankfurt, Germany |
| Answer» E. | |
| 1576. |
The “IBOV” is a stock market index for ________ |
| A. | OMX Nordic Exchange |
| B. | Toronto Stock Exchange (TSX) |
| C. | BM&F Bovespa |
| D. | Tokyo Stock Exchange |
| Answer» D. Tokyo Stock Exchange | |
| 1577. |
Which of the following is the index of London Stock Exchange? |
| A. | TSE |
| B. | SSE |
| C. | ASX |
| D. | FTSE |
| Answer» E. | |
| 1578. |
“ASX” is the Index of ? |
| A. | OMX Nordic Exchange |
| B. | Australian Stock Exchange |
| C. | Toronto Stock Exchange |
| D. | Australian Securities Exchange |
| Answer» E. | |
| 1579. |
The Nikkei index, or the Nikkei Stock Average is a stock market index for ________ |
| A. | OMX Nordic Exchange |
| B. | Toronto Stock Exchange (TSX) |
| C. | BM&F Bovespa |
| D. | Tokyo Stock Exchange |
| Answer» E. | |
| 1580. |
Which of the following stock exchange is located in Canada? |
| A. | OMX Nordic Exchange |
| B. | Toronto Stock Exchange (TSX) |
| C. | BM&F Bovespa |
| D. | Deutsche Börse |
| Answer» C. BM&F Bovespa | |
| 1581. |
The headquarters of NASDAQ stock exchange is? |
| A. | Washington, DC USA |
| B. | Newyork, USA |
| C. | Tokya, Japan |
| D. | Frankfurt, Germany |
| Answer» C. Tokya, Japan | |
| 1582. |
Sensex, Index of the Bombay Stock Exchange (BSE) is also known as _____ |
| A. | S&P BSE Sensex |
| B. | S&P NSE Sensex |
| C. | S&P MSE Sensex |
| D. | S&P Global 1200 |
| Answer» B. S&P NSE Sensex | |
| 1583. |
Which of the following acting as POPs and Aggregators? |
| A. | NBFCs |
| B. | Public Sector Banks |
| C. | Private Sector Banks |
| D. | All of these |
| Answer» E. | |
| 1584. |
Which of the following is a Central Recordkeeping Agency For National Pension System? |
| A. | RBI |
| B. | FICCI |
| C. | ARCIL |
| D. | NSDL |
| Answer» E. | |
| 1585. |
NPS is based on ________ created for individual members. |
| A. | Current Account |
| B. | RD Account |
| C. | SB Account |
| D. | PRAs |
| Answer» E. | |
| 1586. |
Which of the following allowed Non-Resident Indians (NRI) to subscribe to NPS? |
| A. | SEBI |
| B. | EXIM Bank |
| C. | GOI |
| D. | RBI |
| Answer» E. | |
| 1587. |
Who among the following is the guardian of the PFRDA, subject to his Financial Emergency Powers, as per the Articles of Indian Constitution? |
| A. | Vice President |
| B. | Prime Minister |
| C. | President |
| D. | GOI |
| Answer» D. GOI | |
| 1588. |
PFRDA has set up a Trust under the which of the following act to oversee the functions of the Pension Fund Managers (PFMs)? |
| A. | Indian Trusts Act, 1882 |
| B. | Co-operative Societies Act 1912 |
| C. | Tokyo Stock Exchange |
| D. | Provident Funds Act 1925 |
| Answer» B. Co-operative Societies Act 1912 | |
| 1589. |
Which of the following became the first state to implement NPS for its newly appointed employees from the financial year 2003–04? |
| A. | Andhra Pradesh |
| B. | Karnataka |
| C. | Tamil Nadu |
| D. | Kerala |
| Answer» D. Kerala | |
| 1590. |
PFRDA is responsible for the appointment of which of the following agency? |
| A. | Pension Fund Managers |
| B. | Custodian |
| C. | NPS Trustee Bank |
| D. | All of these |
| Answer» E. | |
| 1591. |
The headquarters of Pension Fund Regulatory and Development Authority (PFRDA) is? |
| A. | Mumbai |
| B. | Hyderabad |
| C. | New Delhi |
| D. | Bangalore |
| Answer» D. Bangalore | |
| 1592. |
Pension Fund Regulatory and Development Authority (PFRDA) is authorized by? |
| A. | GOI |
| B. | RBI |
| C. | Ministry of Commerce |
| D. | Ministry of Finance |
| Answer» E. | |
| 1593. |
Which of the following is Annuity Service Provider? |
| A. | Life Insurance Companies |
| B. | Public Sector Banks |
| C. | Private Sector Banks |
| D. | NBFCs |
| Answer» B. Public Sector Banks | |
| 1594. |
Which of the following has been appointed as a Custodian for providing custodial services to the NPS? |
| A. | RBI |
| B. | SHCIL |
| C. | ARCIL |
| D. | NSDL |
| Answer» C. ARCIL | |
| 1595. |
Which is an online platform provided by NPS Trust for enabling individuals to open his/her Individual Pension Account? |
| A. | Online NPS |
| B. | Internet NPS |
| C. | e-NPS |
| D. | e-Account |
| Answer» D. e-Account | |
| 1596. |
In National Pension System(NPS) how much % of the corpus is taxable? |
| A. | 60% |
| B. | 50% |
| C. | 25% |
| D. | 45% |
| Answer» B. 50% | |
| 1597. |
POPs shall provide the services under NPS through their network of branches called? |
| A. | POP – VP |
| B. | POP – AP |
| C. | POP – SP |
| D. | POP – TP |
| Answer» D. POP – TP | |
| 1598. |
Which of the following bank has been appointed by PFRDA as the Trustee Bank for National Pension System (NPS)? |
| A. | Axis Bank |
| B. | HDFC |
| C. | ICICI |
| D. | SBI |
| Answer» B. HDFC | |
| 1599. |
Which of the following is important part of National Pension System(NPS)? |
| A. | Asset Allocation |
| B. | Tax Collection |
| C. | Fund Management |
| D. | Both (A) and (C) |
| Answer» E. | |
| 1600. |
What is the full form of POPs? |
| A. | Presence of Point |
| B. | Points of Private |
| C. | Presence of Public |
| D. | Points of Presence |
| Answer» E. | |