MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
This bank launched a Instant Demat account opening facility for the clients. |
| A. | RBL Bank |
| B. | IndusInd Bank |
| C. | Axis Bank |
| D. | Federal Bank |
| Answer» E. | |
| 2. |
Reserve Bank of India has reduced the policy repo rate from 5.75% to __________. |
| A. | 5.40% |
| B. | 5.50% |
| C. | 5.60% |
| D. | 5.20% |
| Answer» B. 5.50% | |
| 3. |
Which entity, has been barred by Reserve Bank of India(RBI) from charging pre-payment penalties or foreclosure charges from individual borrowers ? |
| A. | Non-Banking Finance Company(NBFC) |
| B. | Commercial Banks |
| C. | Payment Banks |
| D. | Co-operative Banks |
| Answer» B. Commercial Banks | |
| 4. |
Which bank has tied up with fintech company Finwizard Technology Pvt Ltd to offer wealth management products and services? |
| A. | Karnataka Bank |
| B. | Canara Bank |
| C. | Yes Bank |
| D. | Kotak Mahindra Bank |
| Answer» B. Canara Bank | |
| 5. |
For which bank, RBI imposed Rs.1.5 crore for non-compliance on frauds? |
| A. | Union Bank of India |
| B. | Oriental Bank of Commerce |
| C. | Allahabad bank |
| D. | Bank of India |
| Answer» E. | |
| 6. |
Reserve Bank of India imposes Rs __________ fine on seven PSBs for violating norms. |
| A. | 8 Crores |
| B. | 11 Crores |
| C. | 13 Crores |
| D. | 15 Crores |
| Answer» C. 13 Crores | |
| 7. |
Name the bank that will be converted into small finance bank with the aim to provide micro-credit at the doorsteps to individuals and SME's. |
| A. | Jio Payments Bank |
| B. | Airtel Payments Bank |
| C. | India Post Payments Bank |
| D. | Aditya Birla Payments Bank |
| Answer» D. Aditya Birla Payments Bank | |
| 8. |
The first Indian bank to link up with the China's National Advance Payment System (CNAPS) is; |
| A. | Bank of Baroda |
| B. | Union Bank Of India |
| C. | Exim Bank |
| D. | SBI, Shanghai |
| Answer» E. | |
| 9. |
RBI allows this bank to offer regular banking services in India. |
| A. | Bank of China |
| B. | DBS Bank |
| C. | Standard Chartered |
| D. | China Merchants Bank |
| Answer» B. DBS Bank | |
| 10. |
Which bank has raised $100 million from International Finance Corporation for the purpose of lending to buyers in housing projects? |
| A. | Kotak Mahindra Bank |
| B. | Axis Bank |
| C. | Punjab National Bank |
| D. | IDBI Bank |
| Answer» D. IDBI Bank | |
| 11. |
The first foreign bank to launch operations at Gujarat International Finance Tec (GIFT)-City. |
| A. | DBS Bank |
| B. | Deutsche Bank |
| C. | Standard Chartered |
| D. | Barclays Bank |
| Answer» D. Barclays Bank | |
| 12. |
Andhra Bank launched its AI(Artificial Intelligence) interactive assistant in Telangana. It's named as; |
| A. | RoBi |
| B. | ABHi |
| C. | Shakshi |
| D. | SindhU |
| Answer» C. Shakshi | |
| 13. |
Which among the following was the first bank purely managed by Indians? |
| A. | State Bank of India |
| B. | Punjab National Bank |
| C. | Bank of India |
| D. | Bank of Baroda |
| Answer» C. Bank of India | |
| 14. |
Who is the CEO of Kotak Mahindra Bank? |
| A. | Uday Kotak |
| B. | Ritesh Agarwal |
| C. | Sriharsha Majesty |
| D. | Ashish Hemrajani |
| Answer» B. Ritesh Agarwal | |
| 15. |
Along with which bank, the Common Services Centres (CSCs) launched a co-branded 'Small Business Money-Back Credit Card'? |
| A. | Axis Bank |
| B. | ICICI Bank |
| C. | SBI Bank |
| D. | HDFC Bank |
| Answer» E. | |
| 16. |
For how many banks, RBI fined for violating certain regulatory guidelines? |
| A. | 4 |
| B. | 2 |
| C. | 5 |
| D. | 8 |
| Answer» C. 5 | |
| 17. |
Name the Bank which provides $100 million to L&T Finance arm for wind and solar infrastructure projects. |
| A. | AIIB |
| B. | Exim Bank |
| C. | UCO Bank |
| D. | Catholic Syrian Bank |
| Answer» B. Exim Bank | |
| 18. |
Which bank has signed a loan agreement worth $124 million to finance infrastructure and health care projects in Papua New Guinea and Senegal governments? |
| A. | World Bank |
| B. | Exim Bank |
| C. | Asian Development Bank |
| D. | RBI |
| Answer» C. Asian Development Bank | |
| 19. |
The World Bank Group announced its first female Managing Director on Friday - an Indian national. Her name is_____? |
| A. | Anshula Kant |
| B. | Gita Gopinath |
| C. | Arundhati Bhattacharya |
| D. | Shanti Ekambaram |
| Answer» B. Gita Gopinath | |
| 20. |
This bank has announced to do away with charges on NEFT and RTGS transactions through internet and mobile banking from July 1. |
| A. | Axis |
| B. | HDFC |
| C. | ICICI |
| D. | SBI |
| Answer» E. | |
| 21. |
Who has formed an internal committee to review timings of different financial markets? |
| A. | Ministry of Finance |
| B. | Insurance Regulatory and Development Authority |
| C. | Reserve Bank of India |
| D. | RBL Bank |
| Answer» D. RBL Bank | |
| 22. |
State Bank of India has reduced its benchmark lending rate by __________ bps for all loan tenures. |
| A. | 6.2 |
| B. | 6 |
| C. | 4.5 |
| D. | 5 |
| Answer» E. | |
| 23. |
This bank recently announced to pull out of global equities sales and trading to scale back investment banking. |
| A. | HSBC India |
| B. | Barclays Bank |
| C. | Deutsche Bank |
| D. | DBS Bank |
| Answer» D. DBS Bank | |
| 24. |
Which bank has acquired a 9.47% stake of Eveready Industries India by invoking shares pledged by McLeod Russel? |
| A. | ICICI Bank |
| B. | Yes Bank |
| C. | HDFC Bank |
| D. | AXIS Bank |
| Answer» C. HDFC Bank | |
| 25. |
Which bank sets up centralised hub 'Cen-MARG' to process retail and MSME loans? |
| A. | Canara Bank |
| B. | Punjab & Sind Bank |
| C. | Yes Bank |
| D. | Syndicate Bank |
| Answer» C. Yes Bank | |
| 26. |
Who frames the monetary policy of India? |
| A. | Finance Minister |
| B. | Prime Minister |
| C. | RBI |
| D. | NITI Aayog |
| Answer» D. NITI Aayog | |
| 27. |
Who has ties up with Facebook for digital literacy initiative 'Digital Udaan'? |
| A. | Vodafone Idea |
| B. | Bharathi Airtel |
| C. | Reliance Jio |
| D. | BSNL |
| Answer» D. BSNL | |
| 28. |
Who has tied up with Bharti AXA Life Insurance to offer the Bharti AXA Life POS Saral Jeevan Bima Yojana? |
| A. | J&K Bank |
| B. | Airtel Payments Bank |
| C. | Federal Bank |
| D. | DCB Bank |
| Answer» C. Federal Bank | |
| 29. |
Which bank launched web tool for NPA recovery process named 'Vasool So-Ft'? |
| A. | Yes Bank |
| B. | Canara Bank |
| C. | Karnataka Bank |
| D. | Lakshmi Vilas Bank |
| Answer» D. Lakshmi Vilas Bank | |
| 30. |
Which bank won the Finance Organisation of the Year during the 3rd edition of the UK-India Awards? |
| A. | Punjab National Bank |
| B. | AXIS Bank |
| C. | State Bank of India |
| D. | Bank of Baroda |
| Answer» C. State Bank of India | |
| 31. |
What is the current CRR fixed by the RBI? |
| A. | 3% |
| B. | 3.5% |
| C. | 4% |
| D. | 4.5% |
| Answer» D. 4.5% | |
| 32. |
When was the IDBI bank established? |
| A. | 1952 |
| B. | 1955 |
| C. | 1960 |
| D. | 1964 |
| Answer» E. | |
| 33. |
RBI fined __________ Public Sector Banks for violating KYC norms. |
| A. | 3 |
| B. | 4 |
| C. | 6 |
| D. | 8 |
| Answer» C. 6 | |
| 34. |
With which bank, NBFC IndoStar Capital has tied for vehicle financing for small and medium fleet owners to buy new as well as old commercial vehicles? |
| A. | Axis Bank |
| B. | Yes Bank |
| C. | HDFC Bank |
| D. | ICICI Bank |
| Answer» E. | |
| 35. |
Karnam Sekar was appointed as the new Managing Director (MD)and Chief Executive Officer(CEO) of which of the following Bank? |
| A. | Bank of Baroda |
| B. | Punjab National Bank |
| C. | Indian Overseas Bank |
| D. | Axis Bank |
| Answer» D. Axis Bank | |
| 36. |
What is the tagline of the bank "Bank of Baroda"? |
| A. | The bank you can bank upon. |
| B. | A tradition of trust. |
| C. | India's International Bank. |
| D. | Relationships beyond Banking. |
| Answer» D. Relationships beyond Banking. | |
| 37. |
Which public sector bank has been authorised to issue 11th tranche of Electoral Bonds sale in India? |
| A. | State Bank of India |
| B. | Indian Bank |
| C. | Canara Bank |
| D. | Indian Overseas Bank |
| Answer» B. Indian Bank | |
| 38. |
Which of the following has invested around $250 million in Ola Electric Mobility? |
| A. | Toyota |
| B. | Alibaba Group |
| C. | SoftBank |
| D. | Huawei |
| Answer» D. Huawei | |
| 39. |
Reserve Bank of India Deputy Governor N S Vishwanathan gets extension by __________. |
| A. | 1 Year |
| B. | 10 Months |
| C. | 8 Months |
| D. | 6 Months |
| Answer» B. 10 Months | |
| 40. |
RBI has launched CMS system to lodge complaint against which of the following entities? |
| A. | Urban co-operative banks |
| B. | NBFCs |
| C. | Commercial banks |
| D. | All of the above |
| Answer» E. | |
| 41. |
Recently, Reserve Bank relaxed the leverage ratio (LR) for Domestic Systemically Important Banks (DSIBs). It is; |
| A. | 2.4% |
| B. | 3.8% |
| C. | 5% |
| D. | 4% |
| Answer» E. | |
| 42. |
Which bank has signed an MoU with NIIF in pact for funding infrastructure projects? |
| A. | HDFC |
| B. | SBI |
| C. | Axis |
| D. | Yes |
| Answer» C. Axis | |
| 43. |
Government of Kerala and this bank have signed the Loan Agreement of USD 250 million for the First Resilient Kerala Program. |
| A. | International Monetary Fund |
| B. | World Bank |
| C. | RBI |
| D. | Asian Development Bank |
| Answer» C. RBI | |
| 44. |
Which of the following has launched a Complaint Management System to improve customer experience in timely redressal of grievances? |
| A. | Axis |
| B. | ICICI |
| C. | RBI |
| D. | SBI |
| Answer» D. SBI | |
| 45. |
There are how many Deputy Governor in Reserve Bank of India? |
| A. | 2 |
| B. | 3 |
| C. | 4 |
| D. | 5 |
| Answer» D. 5 | |
| 46. |
Who is the chair person of SBI (State Bank of India)? |
| A. | Rajnish Kumar |
| B. | Viral Acharaya |
| C. | Sanjeev Mehta |
| D. | Ashok Chawla |
| Answer» B. Viral Acharaya | |
| 47. |
Competition Commission of India (CCI) approved the merger of the Indiabulls Housing Finance with which of the following bank? |
| A. | Dena Bank |
| B. | Yes Bank |
| C. | Lakshmi Vilas Bank |
| D. | Dhanlaxmi Bank |
| Answer» D. Dhanlaxmi Bank | |
| 48. |
This bank recently updates rules for cash deposits of up to Rs 50,000. |
| A. | Axis Bank |
| B. | Yes Bank |
| C. | HDFC Bank |
| D. | Canara Bank |
| Answer» E. | |
| 49. |
RBI imposes Rs.1 crore penalty for this bank for violating its KYC, AML norms. |
| A. | Dena Bank |
| B. | Yes Bank |
| C. | ICICI Bank |
| D. | HDFC Bank |
| Answer» E. | |
| 50. |
When was the central bank of India, the RBI got nationalised? |
| A. | 1st Jan, 1949 |
| B. | 28th Aug, 1947 |
| C. | 1st Jan, 1947 |
| D. | 28th Aug, 1947 |
| Answer» B. 28th Aug, 1947 | |