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.
| 2951. |
Which of the following is merged with SEBI? |
| A. | CRISIL |
| B. | FMC |
| C. | CIBIL |
| D. | SHCIL |
| Answer» C. CIBIL | |
| 2952. |
When was the General Insurance Corporation of India incorporated? |
| A. | 1971 |
| B. | 1972 |
| C. | 1973 |
| D. | 1993 |
| Answer» C. 1973 | |
| 2953. |
Who sponsors Regional Rural Banks? |
| A. | Government of India |
| B. | Reserve Bank of India |
| C. | Nationalized Commercial Bank |
| D. | None of these |
| Answer» D. None of these | |
| 2954. |
Which of the following banks has teamed up with Apollo to set up Asset Reconstruction Company (ARC)? |
| A. | SBI |
| B. | PNB |
| C. | Axis |
| D. | ICICI |
| Answer» E. | |
| 2955. |
Which of the following banks is not regulated by Reserve Bank of India? |
| A. | State Bank of Sikkim |
| B. | State Bank of Travancore |
| C. | IDBI |
| D. | Axis |
| Answer» B. State Bank of Travancore | |
| 2956. |
Which is the minimum lending rate decided by RBI which shall be adopted by all Public-Sector Banks? |
| A. | Bank rate |
| B. | Base rate |
| C. | Overnight rate |
| D. | None of the above |
| Answer» C. Overnight rate | |
| 2957. |
“Scheduled bank” in India means a bank _____. |
| A. | Incorporated under the Companies Act, 1956 |
| B. | Authorized to the Banking business |
| C. | Governed by the Banking Regulation Act, 1949 |
| D. | Included in the Second schedule to the Reserve Bank of India Act 1934 |
| Answer» E. | |
| 2958. |
Which of the following is the Oldest Joint Stock Bank of India which is still working? |
| A. | Allahabad Bank |
| B. | Bank of Upper India |
| C. | Patiala Bank |
| D. | State Bank of India |
| Answer» B. Bank of Upper India | |
| 2959. |
‘Amrut Mahotsava’ would be celebrated in the year _____. |
| A. | 2017 |
| B. | 2022 |
| C. | 2030 |
| D. | 2018 |
| Answer» C. 2030 | |
| 2960. |
What is the GDP growth projected in the 2015-16? |
| A. | 8-8.5% |
| B. | 9-9.7% |
| C. | 8-9% |
| D. | 7.7 to 8.5% |
| Answer» B. 9-9.7% | |
| 2961. |
What percentage change was proposed in the rate of personal income tax as announced in the budget 2015-16? |
| A. | 1% |
| B. | 0.5% |
| C. | 2.5% |
| D. | No Change |
| Answer» E. | |
| 2962. |
What is the new transport allowance announced for salaried people as per the Budget 2015-16? |
| A. | 800 |
| B. | 1200 |
| C. | 1600 |
| D. | 2000 |
| Answer» D. 2000 | |
| 2963. |
What is the new limit of reduction of health insurance premium for people as announced in the Budget 2015-16? |
| A. | 15000 |
| B. | 20000 |
| C. | 22000 |
| D. | 25000 |
| Answer» E. | |
| 2964. |
Which movement encouraged the formation of commercial banks? |
| A. | Swadeshi movement |
| B. | Quit India Movement |
| C. | Non Cooperation Movement |
| D. | Civil Disobedience Movement |
| Answer» B. Quit India Movement | |
| 2965. |
Which was the first bank to introduce ATM in India? |
| A. | HSBC |
| B. | Standard Chartered Bank |
| C. | State Bank of India |
| D. | United Bank of India |
| Answer» B. Standard Chartered Bank | |
| 2966. |
What is the term for recession occurring two times with a small gap in between? |
| A. | Deep Recession |
| B. | Deflation |
| C. | Double-dip Recession |
| D. | Double Inflation |
| Answer» D. Double Inflation | |
| 2967. |
Which bank launched smart star account? |
| A. | HDFC Bank |
| B. | HSBC |
| C. | ICICI Bank |
| D. | IDBI Bank |
| Answer» D. IDBI Bank | |
| 2968. |
Whose signature does Indian currency note bear? |
| A. | Finance Minister |
| B. | Finance Secretary |
| C. | RBI Governor |
| D. | The President |
| Answer» D. The President | |
| 2969. |
Which country started first plastic notes? |
| A. | Afghanistan |
| B. | Argentina |
| C. | Australia |
| D. | Austria |
| Answer» D. Austria | |
| 2970. |
Which is the first Indian bank that started solely with Indian capital investment? |
| A. | Canara Bank |
| B. | Central Bank of India |
| C. | Punjab National Bank |
| D. | State Bank of India |
| Answer» E. | |
| 2971. |
Which of the following is the Federal regulatory agency that charters and supervises Federal credit unions? |
| A. | AIRCSC |
| B. | ARC |
| C. | CAG |
| D. | NCUA |
| Answer» E. | |
| 2972. |
Which of the following is a set of United State statutes added as Title VIII of the Consumer Credit Protection Act? |
| A. | FACTA |
| B. | FCRA |
| C. | FDCPA |
| D. | FOIA |
| Answer» D. FOIA | |
| 2973. |
What is 'fiat money'? |
| A. | The currency backed by Government Guarantee |
| B. | The currencybacked by tangible assets |
| C. | The currency backed by gold reserves |
| D. | The currency backed by budgetary support |
| Answer» B. The currencybacked by tangible assets | |
| 2974. |
What is the full form of SWIFT? |
| A. | Safe Window for Interbank Financial Transactions |
| B. | Safe Window In case of Financial Transaction |
| C. | Society for Worldwide Interbank Financial Telecommunication |
| D. | Safe Window Institute For Transactions |
| Answer» E. | |
| 2975. |
When was the first Land Mortgage Bank established? |
| A. | 1920 |
| B. | 1925 |
| C. | 1931 |
| D. | 1935 |
| Answer» B. 1925 | |
| 2976. |
What does crossing of cheques make them? |
| A. | Invalid document |
| B. | Ineligible to endorse to a person other than the payee |
| C. | Remain the same |
| D. | Ineligible to get cash across the bank counter |
| Answer» C. Remain the same | |
| 2977. |
Under which sector will banking sector fall? |
| A. | Agricultural sector |
| B. | Industrial sector |
| C. | Service sector |
| D. | None of the above |
| Answer» D. None of the above | |
| 2978. |
Which among the following is incorrect? |
| A. | RBI is the Bank of Issue |
| B. | RBI acts as Banker to the Government |
| C. | RBI is Bankers Bank |
| D. | RBI does not regulate the flow of credit |
| Answer» E. | |
| 2979. |
Which of the following are the amounts owed to a company that are not going to be paid? |
| A. | Bad debts |
| B. | Non-performing Assets |
| C. | Out of order accounts |
| D. | Overdrawn accounts |
| Answer» B. Non-performing Assets | |
| 2980. |
When was the Insurance Regulatory and Development Authority constituted? |
| A. | 1938 |
| B. | 1971 |
| C. | 1993 |
| D. | 1999 |
| Answer» E. | |
| 2981. |
When did the Reserve Bank of India notify the draft regulations relating to the Credit Information Companies (Regulation) Act, 2005? |
| A. | April 5, 2006 |
| B. | May 26, 2006 |
| C. | June 29, 2007 |
| D. | September 30, 2005 |
| Answer» B. May 26, 2006 | |
| 2982. |
Which bank started the first RRB named Prathama Grameen Bank? |
| A. | Punjab National Bank |
| B. | State Bank of India |
| C. | Syndicate Bank |
| D. | United Bank of India |
| Answer» D. United Bank of India | |
| 2983. |
Which is the largest foreign bank in India? |
| A. | American Express Bank Ltd. |
| B. | DBS Bank Ltd. |
| C. | HSBC Ltd. |
| D. | Standard Chartered Bank |
| Answer» E. | |
| 2984. |
What is the full form of NDTL? |
| A. | New Demand & Tenure Liabilities |
| B. | Net Demand & Time Liabilities |
| C. | National Deposits & Total Liquidity |
| D. | Net Demand & Tax Liabilities |
| Answer» C. National Deposits & Total Liquidity | |
| 2985. |
Which among the following is the act of taking on a risk for a fee? |
| A. | Guidewire |
| B. | Initial Public Offering |
| C. | Predictive analytics |
| D. | Underwriting |
| Answer» E. | |
| 2986. |
How many digits are there in IFSC Code? |
| A. | 10 |
| B. | 11 |
| C. | 12 |
| D. | 13 |
| Answer» C. 12 | |
| 2987. |
What is the full form of MTSS? |
| A. | Money Transfer Service Scheme |
| B. | Medium Transfer Service Scheme |
| C. | Moderate Transfer Service Scheme |
| D. | Money Transfer Service Strategy |
| Answer» E. | |
| 2988. |
How many Deputy Governors are there in RBI? |
| A. | 2 |
| B. | 4 |
| C. | 5 |
| D. | 10 |
| Answer» E. | |
| 2989. |
Where is NDB headquartered? |
| A. | Beijing |
| B. | Chengdu |
| C. | Hong Kong |
| D. | Shanghai |
| Answer» E. | |
| 2990. |
Which was the first bank to be established in India? |
| A. | Bank of Calcutta |
| B. | Bank of Hindustan |
| C. | General Bank of India |
| D. | State Bank of India |
| Answer» C. General Bank of India | |
| 2991. |
In which year was the Banking Regulation Act passed? |
| A. | 1949 |
| B. | 1955 |
| C. | 1959 |
| D. | 1969 |
| Answer» B. 1955 | |
| 2992. |
Name the body of 'eminent' professionals and officials, which will replace the Appointments Board for appointment of Whole-time Directors as well as non-Executive Chairman of PSBs? |
| A. | NITI Aayog |
| B. | NIYATAM |
| C. | Bank Board Bureau |
| D. | Bureau of Banking Standards |
| Answer» D. Bureau of Banking Standards | |
| 2993. |
Who has been appointed as the CMD of GIC Re India? |
| A. | T. S. Vijayan |
| B. | Mrs. Alice G Vaidyan |
| C. | Anuj Agrawal |
| D. | Neelesh Garg |
| Answer» C. Anuj Agrawal | |
| 2994. |
Which of the following organizations has been set up to facilitate connectivity between the Bank's switches and their ATMs, and inter-bank payment gateway for authentication and routing the payment details of various e-commerce transactions? |
| A. | IBA |
| B. | IDRBT |
| C. | IRDA |
| D. | SIDBI |
| Answer» C. IRDA | |
| 2995. |
The first RRB named Prathama Grameen Bank was sponsored by ______? |
| A. | Punjab National Bank |
| B. | State Bank of India |
| C. | Syndicate Bank |
| D. | Canara Bank |
| Answer» D. Canara Bank | |
| 2996. |
Which one of the following is controlled by the World Wide Web? |
| A. | Universal Banking |
| B. | Virtual Banking |
| C. | Wholesale Banking |
| D. | None of these |
| Answer» C. Wholesale Banking | |
| 2997. |
Which has been conferred “Special Award for Excellence in MSME lending” for its performance in lending to the MSME sector during the year 2013-14 and 2014-15? |
| A. | State Bank of Patiala |
| B. | Vijaya Bank |
| C. | State Bank of Travancore |
| D. | Canara Bank |
| Answer» B. Vijaya Bank | |
| 2998. |
Who has allowed banks to tie up with insurers, to sell three products each from life, non-life and standalone health insurance segment? |
| A. | RBI |
| B. | SIDBI |
| C. | IRDAI |
| D. | NABARD |
| Answer» D. NABARD | |
| 2999. |
Which of the following defines 'Para Banking' services? |
| A. | Eligible financial services rendered by banks |
| B. | Services provided through business correspondents |
| C. | Services provided to armed forces personnel |
| D. | Utility services provided by banks |
| Answer» E. | |
| 3000. |
Which is the instrument used by RBI under general credit control? |
| A. | CRR |
| B. | SLR |
| C. | Bank Rate |
| D. | Exchange Control |
| Answer» D. Exchange Control | |