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.
| 1751. |
Helicopter money is a _______ carried out with the cooperation of the central bank. |
| A. | Monetary Policy |
| B. | Fiscal Policy |
| C. | Credit Score |
| D. | Credit Bureaus |
| Answer» C. Credit Score | |
| 1752. |
A strong currency widely used in international trade that a central bank is prepared to hold as part of its foreign exchange reserves is known as _______ |
| A. | Reserve Currency |
| B. | Private Currency |
| C. | Hard Currency |
| D. | Soft Currency |
| Answer» B. Private Currency | |
| 1753. |
A currency with a value that fluctuates as a result of the country’s political or economic uncertainty is termed as _______ |
| A. | Reserve Currency |
| B. | Private Currency |
| C. | Hard Currency |
| D. | Soft Currency |
| Answer» E. | |
| 1754. |
Which of the following is any globally traded currency that serves as a reliable and stable store of value? |
| A. | Reserve Currency |
| B. | Private Currency |
| C. | Hard Currency |
| D. | Soft Currency |
| Answer» D. Soft Currency | |
| 1755. |
Any type of money that has face value greater than its value as material substance is known as _______ |
| A. | Representative Money |
| B. | Commodity Money |
| C. | Call Money |
| D. | Fiat Money |
| Answer» B. Commodity Money | |
| 1756. |
Which of the following is a form of money with an intrinsic value? |
| A. | Representative Money |
| B. | Commodity Money |
| C. | Call Money |
| D. | Fiat Money |
| Answer» C. Call Money | |
| 1757. |
________ is an intrinsically valueless object or record that is widely accepted as a means of payment. |
| A. | Cash Deposits |
| B. | Card-to-Card transfers |
| C. | Call Money |
| D. | Fiat Money |
| Answer» E. | |
| 1758. |
Which of the following usually does not involve the circulation of gold coins? |
| A. | Gold Specie |
| B. | Gold Bullion |
| C. | Gold Exchange |
| D. | All of these |
| Answer» D. All of these | |
| 1759. |
_______ is a system in which gold coins do not circulate, but the authorities agree to sell gold bullion on demand at a fixed price in exchange for the circulating currency. |
| A. | Gold Specie |
| B. | Gold Bullion |
| C. | Gold Exchange |
| D. | All of these |
| Answer» C. Gold Exchange | |
| 1760. |
In which of the following standard the monetary unit is associated with the value of circulating gold coins? |
| A. | Gold Specie |
| B. | Gold Bullion |
| C. | Gold Exchange |
| D. | All of these |
| Answer» D. All of these | |
| 1761. |
__________ is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. |
| A. | Gold Standard |
| B. | Silver Standard |
| C. | Platinum Standard |
| D. | All of these |
| Answer» B. Silver Standard | |
| 1762. |
_______ is a currency issued by a private entity, a commercial business or a nonprofit enterprise |
| A. | Reserve Currency |
| B. | Private Currency |
| C. | Hard Currency |
| D. | Soft Currency |
| Answer» C. Hard Currency | |
| 1763. |
Which of the following is the headquarters of IDBRT? |
| A. | Bangalore |
| B. | Hyderabad |
| C. | Chennai |
| D. | Mumbai |
| Answer» C. Chennai | |
| 1764. |
Which of the following is a banking research institute established in 1996 by Reserve Bank of India (RBI)? |
| A. | IDBRT |
| B. | NPCI |
| C. | NFS |
| D. | All of these |
| Answer» B. NPCI | |
| 1765. |
Which of the following is the largest network of shared Automated Teller Machines (ATMs) in India? |
| A. | IDBRT |
| B. | NPCI |
| C. | NFS |
| D. | All of these |
| Answer» D. All of these | |
| 1766. |
_______ is payable to the person who presents it to the bank for encashment. |
| A. | Bearer Cheque |
| B. | Order Cheque |
| C. | Open Cheque |
| D. | Stale Cheque |
| Answer» B. Order Cheque | |
| 1767. |
If a cheque is presented for payment after six months from the date of the cheque it is called ______ |
| A. | Bearer Cheque |
| B. | Order Cheque |
| C. | Open Cheque |
| D. | Stale Cheque |
| Answer» E. | |
| 1768. |
Which of the following cannot be encashed at the cash counter of a bank but it can only be credited to the payee’s account? |
| A. | Bearer Cheque |
| B. | Order Cheque |
| C. | Open Cheque |
| D. | Crossed Cheque |
| Answer» E. | |
| 1769. |
When a cheque is not crossed, then it is known as an______. |
| A. | Bearer Cheque |
| B. | Order Cheque |
| C. | Open Cheque |
| D. | Stale Cheque |
| Answer» D. Stale Cheque | |
| 1770. |
A date entered on a cheque that is prior to the actual date of occurrence is known as ______ |
| A. | Bearer Cheque |
| B. | Anti-Dated Cheque |
| C. | Open Cheque |
| D. | Post-Dated Cheque |
| Answer» C. Open Cheque | |
| 1771. |
_________ is a cheque written by the drawer(payer) for a date in the future. |
| A. | Bearer Cheque |
| B. | Anti-Dated Cheque |
| C. | Open Cheque |
| D. | Post-Dated Cheque |
| Answer» E. | |
| 1772. |
Which of the following arises due to failure of day to day activities, system or people? |
| A. | Financial Risk |
| B. | Foreign Exchange Risk |
| C. | Interest Rate Risk |
| D. | Operational Risk |
| Answer» E. | |
| 1773. |
______ arises where the capital comes under risk partially or the whole in some cases. |
| A. | Financial Risk |
| B. | Foreign Exchange Risk |
| C. | Liquidity Risk |
| D. | Capital Risk |
| Answer» E. | |
| 1774. |
_______ is the risk that a bank may suffer loss as a result of adverse exchange rate movement. |
| A. | Financial Risk |
| B. | Foreign Exchange Risk |
| C. | Liquidity Risk |
| D. | Capital Risk |
| Answer» C. Liquidity Risk | |
| 1775. |
______ is the type of risk arises due to fluctuation in interest rate |
| A. | Financial Risk |
| B. | Market Risk |
| C. | Financial Risk |
| D. | Interest Rate Risk |
| Answer» E. | |
| 1776. |
________ is the potential that a bank borrower/counter party fails to meet obligations on agreed terms. |
| A. | Financial Risk |
| B. | Market Risk |
| C. | Liquidity Risk |
| D. | Credit Risk |
| Answer» E. | |
| 1777. |
_______ is the most prominent for banks present in investment Banking. |
| A. | Financial Risk |
| B. | Market Risk |
| C. | Liquidity Risk |
| D. | Interest Rate Risk |
| Answer» C. Liquidity Risk | |
| 1778. |
Which of the following Risk develops from the business transactions done by the Banks exposed to potential Loss? |
| A. | Financial Risk |
| B. | Market Risk |
| C. | Liquidity Risk |
| D. | Interest Rate Risk |
| Answer» B. Market Risk | |
| 1779. |
_______were established under the Recovery of Debts Due to Banks and Financial Institutions Act (RDDBFI Act), 1993 |
| A. | Debt Recovery Tribunal |
| B. | Lok Adalats |
| C. | Debts Recovery Appellate Tribunal (DRATs) |
| D. | Both (A) and (C) |
| Answer» E. | |
| 1780. |
_______ specialized in resolution of stressed assets. |
| A. | Debt Recovery Tribunal |
| B. | ARC |
| C. | Lok Adalats |
| D. | All of these |
| Answer» C. Lok Adalats | |
| 1781. |
Which of the following is the recovery of small loans? |
| A. | Debt Recovery Tribunal |
| B. | ARC |
| C. | Lok Adalats |
| D. | None of these |
| Answer» D. None of these | |
| 1782. |
NPCI launched ______ service, which works on Unstructured Supplementary Service Data(USSD) Channel. |
| A. | Pockets |
| B. | Buddy |
| C. | BHIM |
| D. | *99# |
| Answer» E. | |
| 1783. |
If the ______ Aadhaar is listed as a payment ID on the BHIM app will not require any biometric authentication or prior registration with the bank or Unified Payment Interface. |
| A. | 7 Digits |
| B. | 9 Digits |
| C. | 11 Digits |
| D. | 12 Digits |
| Answer» E. | |
| 1784. |
BHIM stands for ________ |
| A. | Bharat Interface for Money |
| B. | Basic Interface for Money |
| C. | Bureau Interface for Money |
| D. | Bold Interface for Money |
| Answer» B. Basic Interface for Money | |
| 1785. |
_________ is a Mobile App developed by National Payments Corporation of India (NPCI), based on the Unified Payment Interface (UPI) |
| A. | Pockets |
| B. | Buddy |
| C. | BHIM |
| D. | All of these |
| Answer» D. All of these | |
| 1786. |
How many digits are there in Universal Account Number(UAN)? |
| A. | 7 Digits |
| B. | 9 Digits |
| C. | 11 Digits |
| D. | 12 Digits |
| Answer» E. | |
| 1787. |
How many digits are there in Indian Financial System Code? |
| A. | 7 Digits |
| B. | 9 Digits |
| C. | 10 Digits |
| D. | 11 Digits |
| Answer» E. | |
| 1788. |
How many digits are there in Mobile Money Identification Number (MMID)? |
| A. | 7 Digits |
| B. | 9 Digits |
| C. | 6 Digits |
| D. | 10 Digits |
| Answer» D. 10 Digits | |
| 1789. |
How many digits are there in Permanent Account Number(PAN)? |
| A. | 7 Digits |
| B. | 9 Digits |
| C. | 6 Digits |
| D. | 10 Digits |
| Answer» E. | |
| 1790. |
How many digits are there in Society for Worldwide Interbank Financial Telecommunication(SWIFT) code? |
| A. | 7 Digits |
| B. | 9 Digits |
| C. | 6 Digits |
| D. | 11 Digits |
| Answer» E. | |
| 1791. |
How many digits are there in Magnetic Ink Character Recognition(MICR) code? |
| A. | 7 Digits |
| B. | 9 Digits |
| C. | 6 Digits |
| D. | 11 Digits |
| Answer» C. 6 Digits | |
| 1792. |
Serious Fraud Investigation Office(SFIO) has _______ branches |
| A. | One |
| B. | Two |
| C. | Seven |
| D. | Five |
| Answer» D. Five | |
| 1793. |
The Government approved setting up of this organization on the basis of the recommendations made by the _______ |
| A. | R.H. Khan Committee |
| B. | Naresh Chandra Committee |
| C. | P Selvam Committee |
| D. | PL Tandon Committee |
| Answer» C. P Selvam Committee | |
| 1794. |
The SFIO is involved in major fraud probes and is the co-ordinating agency with the ________ |
| A. | SEBI |
| B. | Income Tax |
| C. | CBI |
| D. | Both (B) and (C) |
| Answer» E. | |
| 1795. |
Serious Fraud Investigation Office(SFIO) has _______ regional offices |
| A. | One |
| B. | Two |
| C. | Three |
| D. | Four |
| Answer» E. | |
| 1796. |
The Headquarters of SFIO is _________ |
| A. | New Delhi |
| B. | Mumbai |
| C. | Chennai |
| D. | Hyderabad |
| Answer» B. Mumbai | |
| 1797. |
__________ is under the jurisdiction of the Ministry of Corporate Affairs, Government of India. |
| A. | NEFT |
| B. | IMPS |
| C. | SWIFT |
| D. | SFIO |
| Answer» E. | |
| 1798. |
Which of the following is a fraud investigating agency in India? |
| A. | NEFT |
| B. | IMPS |
| C. | SWIFT |
| D. | SFIO |
| Answer» E. | |
| 1799. |
________ is a measure of the liquid money supply within an economy. |
| A. | NEFT |
| B. | IMPS |
| C. | SWIFT |
| D. | MZM |
| Answer» E. | |
| 1800. |
The concept of Universal Banking implemented in India after the recommendations of _______ |
| A. | R.H. Khan Committee |
| B. | Dutta Committee |
| C. | P Selvam Committee |
| D. | PL Tandon Committee |
| Answer» B. Dutta Committee | |