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.
| 351. |
CGT stands for |
| A. | Capital gain tribe |
| B. | Crucial gain tax |
| C. | Capital gain tax |
| D. | Capital gross tax |
| Answer» D. Capital gross tax | |
| 352. |
When the bank has not enough funds in the relevant account or the account holder requests that the cheque is ________ then the bank will return the cheque to the account holder. |
| A. | Bounced |
| B. | Honoured |
| C. | Restarted |
| D. | None of these |
| Answer» B. Honoured | |
| 353. |
Which method is used to regulate the flow of credit? |
| A. | Quantitative methods |
| B. | Qualitative methods |
| C. | Both (A) and (B) |
| D. | None of the Above |
| Answer» C. Both (A) and (B) | |
| 354. |
Bank rate policy, open market operations, variable reserve requirements employed by RBI as measures of Credit Control are __________ |
| A. | Quantitative methods |
| B. | Qualitative methods |
| C. | Both (A) and (B) |
| D. | None of the Above |
| Answer» B. Qualitative methods | |
| 355. |
In Term money market,the tenor of the transactions is from ________ |
| A. | 15 days to One year |
| B. | 10 days to two years |
| C. | 13 days to three years |
| D. | 12 days to four years |
| Answer» B. 10 days to two years | |
| 356. |
In Notice Money Market,the tenor of the transactions is from ________ |
| A. | 2-7 days |
| B. | 2-14 days |
| C. | 2-21 days |
| D. | 2-28 days |
| Answer» C. 2-21 days | |
| 357. |
Which Act was framed specially to deal with Non Performing Assets(NPA)? |
| A. | Banking Regulation Act 1949 |
| B. | Foreign Exchange Management Act(FEMA) 1999 |
| C. | Industrial Disputes Act 1947 |
| D. | SARFAESI Act, 2002 |
| Answer» E. | |
| 358. |
Which is India’s first and largest Asset Reconstruction Company? |
| A. | ARCIL |
| B. | PARAS |
| C. | Relaince ARC |
| D. | None of the Above |
| Answer» B. PARAS | |
| 359. |
Which of the following is not a component of India’s securities market? |
| A. | Commodity Futures |
| B. | Government Bond |
| C. | National Savings Certificates |
| D. | Savings Bond |
| Answer» B. Government Bond | |
| 360. |
________ means the period for which the securities can not be delivered. |
| A. | Fixed Time Period |
| B. | Shut Period |
| C. | Grace Period |
| D. | Payback Period |
| Answer» C. Grace Period | |
| 361. |
are the market operations conducted by the RBI with an objective to adjust the rupee liquidity conditions in the market on a durable basis. |
| A. | Open Market Operations (OMOs) |
| B. | Capital Market Operations |
| C. | When Issued Market |
| D. | None of the Above |
| Answer» B. Capital Market Operations | |
| 362. |
Which acts as a Central Counter Party (CCP) for all transactions in Government securities by interposing itself between two counter parties? |
| A. | RBI |
| B. | SEBI |
| C. | IRDAI |
| D. | CCIL |
| Answer» E. | |
| 363. |
Mortgage Guarantee Company(MGC) has a minimum Net Owned Funds of _______ |
| A. | 100 Crore |
| B. | 150 Crore |
| C. | 250 Crore |
| D. | 300 Crore |
| Answer» B. 150 Crore | |
| 364. |
_is financial institution through which promoter / promoter groups will be permitted to set up a new bank. |
| A. | Investment Company(IC) |
| B. | Loan Company(LC) |
| C. | Infrastructure Finance Company(IFC) |
| D. | Non-Operative Financial Holding Company (NOFHC) |
| Answer» E. | |
| 365. |
_________ means any company which is a financial institution carrying on as its principal business the acquisition of securities. |
| A. | Investment Company(IC) |
| B. | Loan Company(LC) |
| C. | Infrastructure Finance Company(IFC) |
| D. | Asset Finance Company(AFC) |
| Answer» B. Loan Company(LC) | |
| 366. |
Infrastructure Finance Company(IFC) has a minimum Net Owned Funds of _______ |
| A. | 100 Crore |
| B. | 150 Crore |
| C. | 250 Crore |
| D. | 300 Crore |
| Answer» E. | |
| 367. |
________ is a NBFC which deploys at least 75 per cent of its total assets in infrastructure loans. |
| A. | Investment Company(IC) |
| B. | Loan Company(LC) |
| C. | Infrastructure Finance Company(IFC) |
| D. | Asset Finance Company(AFC) |
| Answer» D. Asset Finance Company(AFC) | |
| 368. |
CICs/CIC-ND-SI holds not less than 90% of its net assets in the form of investment in _________ |
| A. | equity shares |
| B. | bonds |
| C. | debentures |
| D. | All of the Above |
| Answer» E. | |
| 369. |
CICs are permitted to invest Liquid Fund Schemes (Mutual Funds) with maturity of less than ____ days. |
| A. | 51 |
| B. | 71 |
| C. | 61 |
| D. | 91 |
| Answer» E. | |
| 370. |
CICs having asset size of _________are exempted from registration and regulation from the RBI |
| A. | Below Rs 100 crore |
| B. | Above Rs 100 crore |
| C. | Below Rs 50 crore |
| D. | Above Rs 50 crore |
| Answer» B. Above Rs 100 crore | |
| 371. |
Systematically Important Core Investment Company(CIC-ND-SI)/ CICs can not accept ________ |
| A. | Public Fund |
| B. | Deposit |
| C. | Public Deposit |
| D. | Both (B) and (C) |
| Answer» E. | |
| 372. |
Which of the following Condition(S) is/are satisfied by Systematically Important Core Investment Company(CIC-ND-SI)? |
| A. | It does not accept Public Funds |
| B. | It is a NBFC with asset size of Rs.100 and above |
| C. | It holds less than 90% of its net assets in the form of investment in equity shares, bonds. |
| D. | All of the Above |
| Answer» C. It holds less than 90% of its net assets in the form of investment in equity shares, bonds. | |
| 373. |
All coins that are minted in Mumbai has _______ |
| A. | Dot |
| B. | Star |
| C. | Diamond |
| D. | No mark |
| Answer» D. No mark | |
| 374. |
All coins that are minted in Noida has _______ |
| A. | Dot |
| B. | Star |
| C. | Diamond |
| D. | No mark |
| Answer» B. Star | |
| 375. |
Coins are minted at the four mints located at _________ |
| A. | Mumbai, Noida, Kolkata and Chennai. |
| B. | Nashik, Dewas, Mysore and Bengaluru. |
| C. | Mumbai, Noida, Kolkata and Hyderabad. |
| D. | Nashik, Dewas, Mysore and Salboni. |
| Answer» D. Nashik, Dewas, Mysore and Salboni. | |
| 376. |
Currency notes are printed at four printing presses located at _________ |
| A. | Mumbai, Noida, Kolkata and Chennai. |
| B. | Nashik, Dewas, Mysore and Bengaluru. |
| C. | Mumbai, Noida, Kolkata and Hyderabad. |
| D. | Nashik, Dewas, Mysore and Salboni. |
| Answer» E. | |
| 377. |
Rupee coins are the legal tender in India under the provisions of _________ |
| A. | Banking Regulation Act, 1949 |
| B. | Reserve Bank of India Act, 1934 |
| C. | Negotiable Instruments Act, 1881 |
| D. | Indian Coinage Act, 1906 |
| Answer» E. | |
| 378. |
What is Gross National Product(GNP)? |
| A. | It is the market value of all final goods and services produced in one year by country’s residents |
| B. | It is the Cost production of all final goods and services made in the country. |
| C. | It is the Cost services of all final goods and services made in the country. |
| D. | It measures nation’s wealth according to provisions of control on greenhouse gases |
| Answer» B. It is the Cost production of all final goods and services made in the country. | |
| 379. |
What is a Green Index? |
| A. | It measures the nation’s wealth according to GNP per Capita |
| B. | It measures the nation’s wealth according to GDP per Capita |
| C. | It measures nation’s wealth according to provisions of control on greenhouse gases |
| D. | It measures the nation’s wealth in terms of coverage of forest area. |
| Answer» D. It measures the nation’s wealth in terms of coverage of forest area. | |
| 380. |
Mixed economy means ______ |
| A. | Co-existence of small and large industries |
| B. | Co-existence of public and private industries |
| C. | Co-existence of the rich and poor |
| D. | Promoting both agriculture and industries in the economy |
| Answer» C. Co-existence of the rich and poor | |
| 381. |
Which of the following is one of the measures of economic growth of a country? |
| A. | Gross Domestic Product of Nation |
| B. | Volume of direct investment made by foreign countries |
| C. | Number of companies listed on the stock exchanges |
| D. | All of the Above |
| Answer» B. Volume of direct investment made by foreign countries | |
| 382. |
What is Gross Domestic Product(GDP)? |
| A. | It is the market value of all final goods and services made in the country. |
| B. | It is the Cost production of all final goods and services made in the country. |
| C. | It is the Cost services of all final goods and services made in the country. |
| D. | It is the market value of all final goods and services made within the borders of a country in a year. |
| Answer» E. | |
| 383. |
Under Section 17 of Reserve Bank of India Act, 1934 the central bank involves in _______ |
| A. | Selling of Government Securities |
| B. | Issuing & accepting of Promissory notes |
| C. | Emergency loans to banks |
| D. | Issuing of Currency notes |
| Answer» B. Issuing & accepting of Promissory notes | |
| 384. |
Section 22 of Reserve Bank of India Act, 1934 deals with _______ |
| A. | Selling of Government Securities |
| B. | Issuing & accepting of Promissory notes |
| C. | Emergency loans to banks |
| D. | Exclusive rights to issue of Currency notes |
| Answer» E. | |
| 385. |
Under Section 31 of Reserve Bank of India Act, 1934 the Government or central bank involves in the _______ |
| A. | Selling of Government Securities |
| B. | Issuing & accepting of Promissory notes |
| C. | Emergency loans to banks |
| D. | Issuing of Currency notes |
| Answer» C. Emergency loans to banks | |
| 386. |
Section 18 of Reserve Bank of India Act, 1934 deals with _______ |
| A. | Selling of Government Securities |
| B. | Issuing & accepting of Promissory notes |
| C. | Emergency loans to banks |
| D. | Issuing of Currency notes |
| Answer» D. Issuing of Currency notes | |
| 387. |
Under Section 24 of the Reserve Bank of India Act, 1934 the RBI may issue bank notes for the maximum denomination of ________ |
| A. | 5000 |
| B. | 10000 |
| C. | 1000 |
| D. | 500 |
| Answer» C. 1000 | |
| 388. |
Under Section 19 of the Reserve Bank of India Act, 1934, the RBI has been prohibited from ________ |
| A. | making loans or advances |
| B. | drawing or accepting bills payable otherwise than on demand |
| C. | allowing interest on deposits or current accounts |
| D. | All of the above |
| Answer» E. | |
| 389. |
All coins that are minted in Hyderabad has _______ |
| A. | Dot |
| B. | Star |
| C. | Diamond |
| D. | No mark |
| Answer» C. Diamond | |
| 390. |
All coins that are minted in kolkata has _______ |
| A. | Dot |
| B. | Star |
| C. | Diamond |
| D. | No mark |
| Answer» E. | |
| 391. |
Security Paper Mill(SPM) located at ________ |
| A. | Mumbai |
| B. | Kolkata |
| C. | Bangalore |
| D. | Hoshangabad |
| Answer» E. | |
| 392. |
Security Printing and Minting Corporation of India, was incorporated under the Companies Act, 1956 with its headquarters at ______ |
| A. | Mumbai |
| B. | Kolkata |
| C. | Bangalore |
| D. | New Delhi |
| Answer» E. | |
| 393. |
In the year 1993, the government merged _________ with Punjab National Bank. |
| A. | Imperial Bank |
| B. | New Bank of India |
| C. | Oudh Commercial Bank |
| D. | Bank of Madras |
| Answer» C. Oudh Commercial Bank | |
| 394. |
In second phase of nationalization, how many banks were nationalized? |
| A. | 7 |
| B. | 6 |
| C. | 5 |
| D. | 3 |
| Answer» C. 5 | |
| 395. |
Which of the following is the purpose of introducing “Know Your Customer” norms by the banks? |
| A. | Identifying people who do not pay Income Tax |
| B. | To bring more and more people under the banking net |
| C. | To ensure that the money deposited in banks has come from genuine sources |
| D. | None of the Above |
| Answer» D. None of the Above | |
| 396. |
A centralised database with Online connectivity to branches and Internet as well as ATM Network which has been adopted by almost all major banks of our country is known as_________ |
| A. | Investment Baking |
| B. | Mobile Banking |
| C. | Specialised Banking |
| D. | Core Banking |
| Answer» E. | |
| 397. |
India became the _______ country in the world to have a bank especially for women. |
| A. | 7 |
| B. | 6 |
| C. | 5 |
| D. | 3 |
| Answer» E. | |
| 398. |
At present State Bank of India has how many Associate Banks? |
| A. | 7 |
| B. | 6 |
| C. | 5 |
| D. | 4 |
| Answer» D. 4 | |
| 399. |
SBI Day is observed on _________ |
| A. | April 1 |
| B. | May 1 |
| C. | June 5 |
| D. | July 1 |
| Answer» E. | |
| 400. |
State Bank of India was established on _________ |
| A. | 1st April 1935 |
| B. | 1st May 1935 |
| C. | 1st June 1955 |
| D. | 1st July 1955 |
| Answer» E. | |