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.
| 2901. |
What is the full form of CRR? |
| A. | Cash Reserve Rate |
| B. | Cash Reserve Ratio |
| C. | Cash Recession Ratio |
| D. | Core Reserve Rate |
| Answer» C. Cash Recession Ratio | |
| 2902. |
Where is the Bank of International Settlement headquartered? |
| A. | Belgium |
| B. | France |
| C. | Germany |
| D. | Switzerland |
| Answer» E. | |
| 2903. |
What is the full form of NIM? |
| A. | Net Interest Margin |
| B. | Net Involvement Margin |
| C. | Net Involution Margin |
| D. | None of these. |
| Answer» B. Net Involvement Margin | |
| 2904. |
When financial institutions and banks undertake activities related to banking like investment, issue of debit and credit card etc then it is known as _____________________. |
| A. | Internet banking |
| B. | Universal banking |
| C. | Virtual Banking |
| D. | Wholesale banking |
| Answer» C. Virtual Banking | |
| 2905. |
Which of the following belongs to the time when a company makes the first offering of the shares to the public? |
| A. | CSO |
| B. | IPO |
| C. | REPO |
| D. | WTO |
| Answer» C. REPO | |
| 2906. |
Which of the following depicts the financial position of a bank or business enterprise at a given point of time? |
| A. | Balance sheet |
| B. | Cash flow statement |
| C. | Income statement |
| D. | Model audit |
| Answer» B. Cash flow statement | |
| 2907. |
Which of the following is known as the concept of a standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price? |
| A. | Forward Contract |
| B. | Futures Contract |
| C. | Market Contract |
| D. | Standard Contract |
| Answer» C. Market Contract | |
| 2908. |
What is the full form of NAV? |
| A. | Net Actual Value |
| B. | Net Annual Value |
| C. | Net Asset Value |
| D. | Net Average Value |
| Answer» D. Net Average Value | |
| 2909. |
Whose signature does an Indian currency note bear? |
| A. | Finance Minister |
| B. | Finance Secretary |
| C. | RBI Governor |
| D. | The President |
| Answer» D. The President | |
| 2910. |
_______ Life insurance policy is provided under PMJJBY? |
| A. | Whole life |
| B. | Term insurance |
| C. | Unit linked insurance plan |
| D. | Endowment plan |
| Answer» C. Unit linked insurance plan | |
| 2911. |
Which was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system? |
| A. | BSE |
| B. | NSE |
| C. | PSE |
| D. | CSE |
| Answer» C. PSE | |
| 2912. |
RRBs are working in all states of the country except _______. |
| A. | Sikkim |
| B. | Goa |
| C. | Both A & B |
| D. | Madhya Pradesh |
| Answer» D. Madhya Pradesh | |
| 2913. |
The Hinduja Group, headquartered at London, UK owns the IndusInd Bank in India. Where are the headquarters of IndusInd bank? |
| A. | New Delhi |
| B. | Mumbai |
| C. | Kolkata |
| D. | London |
| Answer» C. Kolkata | |
| 2914. |
Which was the first bank to introduce credit card in India? |
| A. | Canara Bank |
| B. | Central Bank of India |
| C. | Bank of Baroda |
| D. | ICICI Bank |
| Answer» C. Bank of Baroda | |
| 2915. |
Which of the following apex bodies regulates the RRBs? |
| A. | RBI |
| B. | NABARD |
| C. | SIDBI |
| D. | State Government |
| Answer» C. SIDBI | |
| 2916. |
Oudh Commercial Bank was founded in the year _____? |
| A. | 1913 |
| B. | 1917 |
| C. | 1894 |
| D. | 1881 |
| Answer» E. | |
| 2917. |
How many new ultra mega power projects (each of 4,000 MWs in the plug-and-play mode) were proposed by the Union Government in the Union Budget 2015-16? |
| A. | Two |
| B. | Three |
| C. | Four |
| D. | Five |
| Answer» E. | |
| 2918. |
What amount of money is allocated in the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme in the Union Budget 2015-16? |
| A. | Rs. 5,000 crore |
| B. | Rs. 1,000 Crore |
| C. | Rs. 500 Crore |
| D. | Rs. 2500 Crore |
| Answer» B. Rs. 1,000 Crore | |
| 2919. |
What is the new rate of Service Tax as per Budget 2015-16? |
| A. | 13% |
| B. | 14% |
| C. | 13.5% |
| D. | 14.5% |
| Answer» C. 13.5% | |
| 2920. |
Name the Scheme to empower and enable minority youths announced in the budget 2015-16? |
| A. | Alpsankhyank Yuva Yojana |
| B. | Minority Welfare Scheme |
| C. | Nai Manzil |
| D. | None of these |
| Answer» D. None of these | |
| 2921. |
What percent of tax deduction has been allowed for contribution into Swachh Bharat Fund and Namami Gange Fund as announced in this budget 2015-16? |
| A. | 50% |
| B. | 75% |
| C. | 90% |
| D. | 100% |
| Answer» E. | |
| 2922. |
Which bank was baptised as the State Bank of India? |
| A. | New Bank of India |
| B. | Imperial Bank of India |
| C. | Indian Bank |
| D. | United Bank of India |
| Answer» C. Indian Bank | |
| 2923. |
Which bank(s) has/have received Banking license by Reserve Bank of India in 2014? |
| A. | Aditya Birla Nuvo Ltd |
| B. | IDFC |
| C. | Bandhan |
| D. | Both 2 and 3 |
| Answer» E. | |
| 2924. |
What is the full-form of HDFC? |
| A. | Housing Department Finance Corporation |
| B. | Housing Development Financial Corporation |
| C. | Housing Development Finance Corporation |
| D. | Housing Development Finance Company |
| Answer» D. Housing Development Finance Company | |
| 2925. |
Bank of Rajasthan was merged with |
| A. | SBI |
| B. | HDFC |
| C. | IDBI |
| D. | ICICI |
| Answer» E. | |
| 2926. |
Which of the following public sector banks has highest number of branches in India? |
| A. | Bank of india |
| B. | Allahabad Bank |
| C. | State bank of India |
| D. | Punjab National Bank |
| Answer» D. Punjab National Bank | |
| 2927. |
Which was the first Indian bank to open branch outside India? |
| A. | Andhra Bank |
| B. | Bank of Baroda |
| C. | Bank of India |
| D. | Canara Bank |
| Answer» D. Canara Bank | |
| 2928. |
"Basel Committee on Banking Supervision" is also known as _______. |
| A. | Bank for International Settlements Committee |
| B. | Banking Regulation Committee |
| C. | Financial Stability Board |
| D. | Global Financial System |
| Answer» B. Banking Regulation Committee | |
| 2929. |
Which among the following is called the rate of interest charged by RBI for lending money to various commercial banks by rediscounting of the bills in India? |
| A. | Bank Rate |
| B. | Discount Window |
| C. | Monetary Policy |
| D. | Overnight Rate |
| Answer» B. Discount Window | |
| 2930. |
What is the full form of CDSL? |
| A. | Central Depository Services Limited |
| B. | Cardinal Depository Services Limited |
| C. | Central Depository Securities Limited |
| D. | None |
| Answer» B. Cardinal Depository Services Limited | |
| 2931. |
What method is used by the Bank to read code on cheque? |
| A. | MICR |
| B. | OCR |
| C. | OMR |
| D. | None |
| Answer» B. OCR | |
| 2932. |
What is the full form of CDS? |
| A. | Call Detail Swap |
| B. | Corporate Debt Swap |
| C. | Credit Default Swap |
| D. | None |
| Answer» D. None | |
| 2933. |
Who regulates monetary policy? |
| A. | IRDA |
| B. | RBI |
| C. | SEBI |
| D. | SIDBI |
| Answer» C. SEBI | |
| 2934. |
Which of the following focuses on the financial needs of the institutional clients and the industry? |
| A. | Universal banking |
| B. | Virtual Banking |
| C. | Internet banking |
| D. | Wholesale banking |
| Answer» E. | |
| 2935. |
Which one of the following requires lenders to provide "good faith" estimates of settlement costs? |
| A. | FOIA |
| B. | NCUA |
| C. | RESPA |
| D. | TILA |
| Answer» D. TILA | |
| 2936. |
Share price X Number of the company's outstanding ordinary share = |
| A. | Market Capitalization |
| B. | Market Price |
| C. | Market Trend |
| D. | Treasury Stock |
| Answer» B. Market Price | |
| 2937. |
What is Mortgage? |
| A. | A security created on immovable property for a deposit received by a bank |
| B. | A security created on immovable property for a loan given by a bank |
| C. | A facility created on movable property for a deposit received by a bank |
| D. | A security created on movable property for a loan given by a bank |
| Answer» C. A facility created on movable property for a deposit received by a bank | |
| 2938. |
Which among the following refers to misselling? (i) When mutual funds are sold without telling the likely returns (ii) When agents sell the products without telling investors what are the risks involved in investing in mutual funds (iii) When agents invest somebody's money in mutual funds without their knowledge |
| A. | Only (ii) |
| B. | Both (i) and (iii) |
| C. | All (i), (ii) and (iii) |
| D. | None of the above |
| Answer» D. None of the above | |
| 2939. |
Which is a tool that helps RBI to stabilize money supply and prices of Government securities? |
| A. | EOQ |
| B. | EPQ |
| C. | JIT |
| D. | OMO |
| Answer» E. | |
| 2940. |
Which of the following is not the part of organized sector of Indian Money Market? |
| A. | Chit Funds |
| B. | Mutual Funds |
| C. | Non-Banking Financial Companies |
| D. | Reserve Bank of India |
| Answer» B. Mutual Funds | |
| 2941. |
When more than one banks allow credit facilities to one party in cordination with each other, the process is called as _________ |
| A. | Amortization |
| B. | Consortium |
| C. | Moratorium |
| D. | Subvention |
| Answer» C. Moratorium | |
| 2942. |
What does the letter 'S' denote in the term IFSC? |
| A. | Subscriber |
| B. | State |
| C. | System |
| D. | Source |
| Answer» D. Source | |
| 2943. |
Which of the following is not a public sector bank in India? |
| A. | Andhra Bank |
| B. | Federal Bank |
| C. | IDBI Bank |
| D. | Vijaya Bank |
| Answer» C. IDBI Bank | |
| 2944. |
What is the full form of LIBOR? |
| A. | Local Indian Bank Offered Rate |
| B. | London-India Bureau Of Regulations |
| C. | Liberal International Bank Official Ratio |
| D. | London Inter Bank Offered Rate |
| Answer» E. | |
| 2945. |
When was general insurance business nationalised? |
| A. | 1938 |
| B. | 1971 |
| C. | 1973 |
| D. | 1993 |
| Answer» D. 1993 | |
| 2946. |
When was the Oriental Life Insurance Company established? |
| A. | 1818 |
| B. | 1834 |
| C. | 1907 |
| D. | 1938 |
| Answer» B. 1834 | |
| 2947. |
The RBI sanctioned the amalgamation of the Centurion Bank of Punjab with the HDFC Bank on ______. |
| A. | May 23, 2008 |
| B. | August 13, 2008 |
| C. | June 30, 2009 |
| D. | March 31, 2009 |
| Answer» B. August 13, 2008 | |
| 2948. |
When did the Centre acquire the Reserve Bank of India's entire 59.73% equity stake in the State Bank of India (SBI) at over Rs. 35,531 crore in New Delhi? |
| A. | April 5, 2006 |
| B. | May 26, 2006 |
| C. | June 29, 2007 |
| D. | September 30, 2005 |
| Answer» D. September 30, 2005 | |
| 2949. |
The Definition of ‘Banking’ is given in _______? |
| A. | Negotiable Instrument Act, 1881 |
| B. | RBI Act, 1934 |
| C. | Banking Regulation Act, 1949 |
| D. | Indian Contract Act, 1872 |
| Answer» D. Indian Contract Act, 1872 | |
| 2950. |
PMJDY stands for ____? |
| A. | Pradhan Mantri Janta Dhan Yojana |
| B. | Pradhan Mantri Jan Dhan Yojana |
| C. | Pradhan Mantri Jeevan Dhan Yojana |
| D. | Pradhan Mantri Jal Dhan Yojana |
| Answer» B. Pradhan Mantri Jan Dhan Yojana | |