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.
| 401. |
The Imperial Bank of India was renamed as? |
| A. | Reserve Bank of India |
| B. | IDBI |
| C. | Union Bank of India |
| D. | State Bank of India |
| Answer» E. | |
| 402. |
____________ is the money which includes token coin or any other physical tokens like certificates that can be readily exchanged for a fixed amount or quantity of commodity like gold. |
| A. | Commercial Bank Money |
| B. | Representative Money |
| C. | Commodity Money |
| D. | Fiat Money |
| Answer» C. Commodity Money | |
| 403. |
A form of currency in which the value of the currency comes from the material of which it is made is called _____ |
| A. | Commercial Bank Money |
| B. | Representative Money |
| C. | Commodity Money |
| D. | Fiat Money |
| Answer» D. Fiat Money | |
| 404. |
GDP evaluated at current market prices is known as _________ |
| A. | NNP |
| B. | NDP |
| C. | Nominal GDP |
| D. | None of the Above |
| Answer» D. None of the Above | |
| 405. |
Money with no intrinsic value is known as ________ |
| A. | Commercial Bank Money |
| B. | Representative Money |
| C. | Commodity Money |
| D. | Fiat Money |
| Answer» E. | |
| 406. |
The ratio of money held by the public in currency to that held as deposits in commercial banks is called _____ |
| A. | Current Ratio |
| B. | Acid Test Ratio |
| C. | Currency Deposit Ratio |
| D. | Debt equity Ratio |
| Answer» D. Debt equity Ratio | |
| 407. |
CGTMSE stands for ______ |
| A. | Credit Guarantee Fund Trust for Medium Size Enterprises |
| B. | Central Government Fund Trust for Medium Size Enterprises |
| C. | Credit Guarantee Fund Transfer for Medium Size Enterprises |
| D. | Central Government Fund Transfer for Medium Size Enterprises |
| Answer» B. Central Government Fund Trust for Medium Size Enterprises | |
| 408. |
Which of the following is/are insured by DICGC? |
| A. | Local Area Banks |
| B. | RRBs |
| C. | All commercial Banks |
| D. | All of the Above |
| Answer» E. | |
| 409. |
What is the maximum deposit amount insured by the Deposit Insurance and Credit Guarantee Corporation(DICGC)? |
| A. | Rs. 1,00,000 |
| B. | Rs. 2,00,000 |
| C. | Rs. 3,00,000 |
| D. | Rs. 5,00,000 |
| Answer» B. Rs. 2,00,000 | |
| 410. |
Deposit Insurance and Credit Guarantee Corporation (DICGC) is a subsidiary of RBI, head quartered at_______ |
| A. | Bengaluru |
| B. | Hyderabad |
| C. | Mumbai |
| D. | Noida |
| Answer» D. Noida | |
| 411. |
ATMs set up, owned and operated by non-banks are called ______ |
| A. | White Label ATMs |
| B. | Brown Label ATMs |
| C. | Green Label ATMs |
| D. | None of the Above |
| Answer» B. Brown Label ATMs | |
| 412. |
Non Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) are regulated by _________ |
| A. | Securities and Exchange Board of India(SEBI) |
| B. | Reserve Bank of India (RBI) |
| C. | Export Credit Guarantee Corporation(ECGC) |
| D. | IRDAI |
| Answer» C. Export Credit Guarantee Corporation(ECGC) | |
| 413. |
The difference between Visible Exports and Visible Imports is defined as ________ |
| A. | Gross National Product (GDP) |
| B. | Gross National Income (GNI) |
| C. | Balance of Payments |
| D. | Balance of Trade |
| Answer» E. | |
| 414. |
Which of the following economic concepts is categorized on the basis of current account or capital account or both? |
| A. | Gross National Product (GDP) |
| B. | Gross National Income (GNI) |
| C. | Balance of Payments |
| D. | None of the Above |
| Answer» D. None of the Above | |
| 415. |
Invisible Exports refers the export of _________ |
| A. | Goods through smuggling |
| B. | Prohibited Goods |
| C. | Services |
| D. | None of the Above |
| Answer» D. None of the Above | |
| 416. |
Special Drawing Rights (SDR) are supplementary foreign exchange reserve assets defined and maintained by ______ |
| A. | Asian Development Bank (ADB) |
| B. | Reserve Bank of India (RBI) |
| C. | World Bank (WB) |
| D. | International Monetary Fund (IMF) |
| Answer» E. | |
| 417. |
________ are the debentures that can not convert their debentures into shares of the company. |
| A. | Convertible Debentures |
| B. | Registered Debentures |
| C. | Bearer Debentures |
| D. | Non Convertible Debentures |
| Answer» E. | |
| 418. |
_________ are the debentures that can be converted into stock by the holder and, under certain circumstances, the issuer of the bond. |
| A. | Convertible Debentures |
| B. | Registered Debentures |
| C. | Bearer Debentures |
| D. | Non Convertible Debentures |
| Answer» B. Registered Debentures | |
| 419. |
Which was the first Indian company listed in National Association of Securities Dealers Automated Quotation System(NASDAQ)? |
| A. | TCS |
| B. | HCL |
| C. | Infosys |
| D. | Reliance |
| Answer» D. Reliance | |
| 420. |
The availability of cash and other cash like marketable instruments that are useful in purchases and investments are commonly known as __________ |
| A. | Liquidity |
| B. | Credit |
| C. | Marketability |
| D. | None of the Above |
| Answer» B. Credit | |
| 421. |
A bond which is not secured by any asset or collateral is known as ________ |
| A. | equity |
| B. | debenture. |
| C. | certificate of deposit |
| D. | None of the Above |
| Answer» C. certificate of deposit | |
| 422. |
Who was known as the “Father of Economics”? |
| A. | Amartya Sen |
| B. | Karl Marx |
| C. | Adam Smith |
| D. | George Loewenstein |
| Answer» D. George Loewenstein | |
| 423. |
Who coined the term “the ostrich effect”? |
| A. | George Akerlof |
| B. | Gerard Debreu |
| C. | Gary Becker |
| D. | George Loewenstein |
| Answer» E. | |
| 424. |
Which of the following term describes the investors who stick their heads in the sand during bad markets hoping that their portfolio is not severely hit? |
| A. | Pigs |
| B. | Dead Cat Bounce |
| C. | Chicken |
| D. | Ostrich |
| Answer» E. | |
| 425. |
Which of the following refers temporary recovery? |
| A. | Bear Market |
| B. | Dead Cat Bounce |
| C. | Stags |
| D. | Wolf Market |
| Answer» C. Stags | |
| 426. |
An investor or speculator who subscribes to a new issue, expecting the price of the stock to rise immediately upon the start of trading is known as _______ |
| A. | Bear Market |
| B. | Bull Market |
| C. | Stags |
| D. | Wolf Market |
| Answer» D. Wolf Market | |
| 427. |
________ is used to describe the acts of various individuals working together to manipulate the market. |
| A. | Bear Market |
| B. | Bull Market |
| C. | Stags |
| D. | Wolf Market |
| Answer» E. | |
| 428. |
refers to the investors in the market those who are fearful of the stock market, they stick to instruments such as bonds, bank deposits or company deposits. |
| A. | Bear Market |
| B. | Bull Market |
| C. | Pig Market |
| D. | Chicken Market |
| Answer» E. | |
| 429. |
__ refers to the investors those who are impatient, greedy and emotional towards their investments and only think of themselves. |
| A. | Bear Market |
| B. | Bull Market |
| C. | Pig Market |
| D. | Chicken Market |
| Answer» D. Chicken Market | |
| 430. |
_______ is a financial market in which the economy is weakened or expected to weaken. |
| A. | Bear Market |
| B. | Bull Market |
| C. | Pig Market |
| D. | Chicken Market |
| Answer» B. Bull Market | |
| 431. |
_______ is a financial market in which share prices are rising or expected to rise. |
| A. | Bear Market |
| B. | Bull Market |
| C. | Pig Market |
| D. | Chicken Market |
| Answer» C. Pig Market | |
| 432. |
India’s first ‘talking’ ATM located in __________ |
| A. | Ahmedabad |
| B. | Pune |
| C. | Kolkata |
| D. | New Delhi |
| Answer» B. Pune | |
| 433. |
Which of the following ATM involves in women banking? |
| A. | Yellow label ATM |
| B. | Green label ATM |
| C. | Orange label ATM |
| D. | Pink label ATM |
| Answer» E. | |
| 434. |
Which of the following ATM is used for e-commerce transactions? |
| A. | Yellow label ATM |
| B. | Green label ATM |
| C. | Orange label ATM |
| D. | Pink label ATM |
| Answer» B. Green label ATM | |
| 435. |
Which of the following ATM is used for share transactions? |
| A. | Yellow label ATM |
| B. | Green label ATM |
| C. | Orange label ATM |
| D. | Pink label ATM |
| Answer» D. Pink label ATM | |
| 436. |
Which of the following ATM is located within the premises of an organisation that are primarily installed only for the employees of the organisation? |
| A. | On site ATM |
| B. | Off site ATM |
| C. | Mobile ATM |
| D. | Work-site ATM |
| Answer» E. | |
| 437. |
Which of the following ATM is not situated within the branch premises but is located at other places? |
| A. | On site ATM |
| B. | Off site ATM |
| C. | Mobile ATM |
| D. | Work-site ATM |
| Answer» C. Mobile ATM | |
| 438. |
Which of the following ATM is situated either within the branch premises or next to the Bank’s branch? |
| A. | On site ATM |
| B. | Off site ATM |
| C. | Mobile ATM |
| D. | Pink label ATM |
| Answer» B. Off site ATM | |
| 439. |
World’s first Bitcoin ATM located in _________ |
| A. | US |
| B. | Brazil |
| C. | Canada |
| D. | UK |
| Answer» D. UK | |
| 440. |
Which of the following bank launches India’s first Mobile ATM? |
| A. | HDFC Bank |
| B. | Axis Bank |
| C. | ICICI Bank |
| D. | SBI |
| Answer» D. SBI | |
| 441. |
________is a type of Automated Teller Machine that is designed to be moved from location to location. |
| A. | On site ATM |
| B. | Off site ATM |
| C. | Mobile ATM |
| D. | Pink label ATM |
| Answer» D. Pink label ATM | |
| 442. |
Which of the following service(s) is/are offered by Aadhaar Enabled Payment System (AEPS)? |
| A. | Cash Withdrawal |
| B. | Gateway Authentication Services |
| C. | Cash Deposit |
| D. | All of the Above |
| Answer» E. | |
| 443. |
First RuPay ATM & Micro ATM Card with Aadhaar Number was issued by? |
| A. | ICICI Bank |
| B. | Union Bank of India |
| C. | Axis Bank |
| D. | Bank of India |
| Answer» E. | |
| 444. |
NACH’s Aadhaar Payment Bridge (APB) has the capacity to handle _______ transactions per day. |
| A. | 1 million |
| B. | 2 million |
| C. | 5 million |
| D. | 10 million |
| Answer» E. | |
| 445. |
How many digits code are there in Mobile Money Identifier (MMID)? |
| A. | Six Digit code |
| B. | Seven Digit code |
| C. | Eight Digit code |
| D. | Nine Digit code |
| Answer» C. Eight Digit code | |
| 446. |
Which of the following inputs required for a customer to do a transaction with AEPS? |
| A. | Issuer Identification Number(IIN) |
| B. | Fingure Print |
| C. | Aadhar Number |
| D. | All of the Above |
| Answer» E. | |
| 447. |
_ is a bank led model which allows online interoperable financial inclusion transaction at PoS (MicroATM) through the Business correspondent(BC) of any bank using the Aadhaar authentication. |
| A. | Immediate Payment Service(IMPS) |
| B. | Aadhar Enabled Payment System (AEPS) |
| C. | Cheque Truncation System(CTS) |
| D. | National Financial Switch (NFS) |
| Answer» C. Cheque Truncation System(CTS) | |
| 448. |
There are _______ promoter banks in National Payments Corporation of India (NPCI). |
| A. | Five |
| B. | Four |
| C. | Six |
| D. | Ten |
| Answer» E. | |
| 449. |
__________ developed by NPCI has been helping the Government and Government Agencies in making the Direct Benefit Transfer scheme a success. |
| A. | NACH’s Mandate Management System (MMS) |
| B. | NACH’s online Dispute Management System (DMS) |
| C. | NACH’s Aadhaar Payment Bridge (APB) |
| D. | None of the Above |
| Answer» D. None of the Above | |
| 450. |
Which of the following was implemented by National Payments Corporation of India (NPCI) for Banks, Financial Institutions, Corporates etc.,? |
| A. | National Automated Clearing House (NACH) |
| B. | National Automatic Clearing House (NACH) |
| C. | National Automated Cleared House (NACH) |
| D. | National Automatic Cleared House (NACH) |
| Answer» B. National Automatic Clearing House (NACH) | |