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. |
Industrial banks are also called .......... as they subscribing the securities issued by theindustrial concerns. |
| A. | share banks |
| B. | loan banks |
| C. | development banks |
| D. | investment bank |
| Answer» E. | |
| 2. |
IDBI and IFCI are examples of........... |
| A. | commercial bank |
| B. | co-operative bank |
| C. | industrial bank |
| D. | unit bank |
| Answer» D. unit bank | |
| 3. |
Payment of premium by a commercial bank is a part of their........ System. |
| A. | deposit |
| B. | agency |
| C. | exchange |
| D. | utility |
| Answer» C. exchange | |
| 4. |
International Bank for Reconstruction and Development is popularly known as |
| A. | international bank |
| B. | overseas bank |
| C. | world bank |
| D. | imf |
| Answer» D. imf | |
| 5. |
Unit banks are linked with bigger banks by a system called........ |
| A. | mixed banking |
| B. | group banking |
| C. | correspondent banking |
| D. | network banking |
| Answer» D. network banking | |
| 6. |
Bank is a “factory” of............. |
| A. | cash |
| B. | coins |
| C. | credit |
| D. | deposit |
| Answer» D. deposit | |
| 7. |
Maximum period for which deposits can be obtained by a NBFC is |
| A. | 5 years |
| B. | 15 years |
| C. | 10 years |
| D. | 2 years |
| Answer» D. 2 years | |
| 8. |
NPA stands for............. |
| A. | normal profit achievement |
| B. | nonperforming assets |
| C. | non profit advances |
| D. | non performing agents |
| Answer» C. non profit advances | |
| 9. |
.......... Ratio refers to that portion of total deposits of commercial bank which it has tokeep with central bank in the form of cash reserve. |
| A. | slr |
| B. | crr |
| C. | plr |
| D. | repo |
| Answer» C. plr | |
| 10. |
Commercial banks act as income tax consultant. This is a.............. function. |
| A. | lending |
| B. | utility |
| C. | agency |
| D. | demand. |
| Answer» C. agency | |
| 11. |
Non Banking Financial Corporation’s (NBFCs) are otherwise known as........... |
| A. | narrow banks |
| B. | para banks |
| C. | virtual banks |
| D. | link banks |
| Answer» C. virtual banks | |
| 12. |
In banking sector, KYC stands for |
| A. | kid and young customers |
| B. | know youth creditors |
| C. | know your customers |
| D. | know your cash requirements. |
| Answer» D. know your cash requirements. | |
| 13. |
The process of replacing physical cheque with electronic cheque is.......... |
| A. | demat |
| B. | remat |
| C. | truncation |
| D. | securitisation |
| Answer» D. securitisation | |
| 14. |
The Securitisation and Reconstruction of Financial Assets and Enforcement of SecurityInterest Act (SARFASIA) came into effect on............. |
| A. | jan 2002 |
| B. | june 2002 |
| C. | may 2000 |
| D. | april 2001 |
| Answer» C. may 2000 | |
| 15. |
Commission recommended for the formation of RBI is |
| A. | narasimham commission |
| B. | tandem commission |
| C. | hil ton young commission |
| D. | none of these. |
| Answer» D. none of these. | |
| 16. |
Dues made by debtors are............... |
| A. | npa |
| B. | nps |
| C. | crr |
| D. | plr |
| Answer» B. nps | |
| 17. |
---------- represents the rate at which the central bank absorbs liquidity from thebanks |
| A. | repo |
| B. | crr |
| C. | plr |
| D. | reverse repo |
| Answer» E. | |
| 18. |
The first foreign bank which introduced merchant bank in India is |
| A. | grindlays bank |
| B. | hsbc |
| C. | city bank |
| D. | ceylon bank |
| Answer» B. hsbc | |
| 19. |
The first Indian public sector bank which introduced its own merchant bankdivision in India |
| A. | canara bank |
| B. | pnb |
| C. | sbi |
| D. | syndicate bank |
| Answer» D. syndicate bank | |
| 20. |
Which of the following is quantitative measure of credit control of RBI |
| A. | direct action |
| B. | moral suasion |
| C. | open market operation |
| D. | margin requirement |
| Answer» D. margin requirement | |
| 21. |
Banking Regulation Act passed in the year |
| A. | 1969 |
| B. | 1934 |
| C. | 1949 |
| D. | 1956 |
| Answer» D. 1956 | |
| 22. |
The first development bank in India is |
| A. | idbi |
| B. | ifci |
| C. | icici |
| D. | sidbi |
| Answer» C. icici | |
| 23. |
ICICI was established in the year |
| A. | 1980 |
| B. | 1948 |
| C. | 1955 |
| D. | 1964 |
| Answer» D. 1964 | |
| 24. |
SIDBI was established as a wholly owned subsidiary of.......... |
| A. | ifci |
| B. | sfc |
| C. | idbi |
| D. | rbi |
| Answer» D. rbi | |
| 25. |
The apex development bank in India is |
| A. | ifci |
| B. | idbi |
| C. | sidbi |
| D. | rbi |
| Answer» C. sidbi | |
| 26. |
The apex financial institution in India is |
| A. | ifci |
| B. | idbi |
| C. | nabard |
| D. | rbi |
| Answer» E. | |
| 27. |
ATM stands for........... |
| A. | any time money |
| B. | automatic teller machine |
| C. | automated teller machine |
| D. | automatic transfer money |
| Answer» D. automatic transfer money | |
| 28. |
Central Land Mortgage Bank was started in Madras in |
| A. | 1920 |
| B. | 1921 |
| C. | 1922 |
| D. | 1929 |
| Answer» E. | |
| 29. |
Central Co-operative banks are organised at........... level |
| A. | taluk |
| B. | district |
| C. | state |
| D. | national |
| Answer» C. state | |
| 30. |
Head quarters of RBI is |
| A. | new delhi |
| B. | mumbai |
| C. | calcutta |
| D. | nasik |
| Answer» C. calcutta | |
| 31. |
Head quarters of NABARD is |
| A. | new delhi |
| B. | mumbai |
| C. | calcutta |
| D. | nasik |
| Answer» C. calcutta | |
| 32. |
Area of operation of RRB comprises of |
| A. | one or more district |
| B. | a state |
| C. | two or more states |
| D. | taluk |
| Answer» B. a state | |
| 33. |
Chairman of NABARD is appointed by |
| A. | upsc |
| B. | ssc |
| C. | rbi |
| D. | central govt. |
| Answer» E. | |
| 34. |
LAB stands for...... |
| A. | lead area bank |
| B. | local area bank |
| C. | lending and borrowing |
| D. | leading and banking |
| Answer» C. lending and borrowing | |
| 35. |
Largest bank in the world (asset wise) is....... |
| A. | bnp paribus |
| B. | sbi |
| C. | german bank |
| D. | british bank of middle east |
| Answer» B. sbi | |
| 36. |
Largest bank in the world in branches is....... |
| A. | bnp paribus |
| B. | sbi |
| C. | german bank |
| D. | hsbc |
| Answer» C. german bank | |
| 37. |
The present Governor of RBI is |
| A. | bimal jalan |
| B. | subba rao |
| C. | raghuram rajan |
| D. | rangarajan |
| Answer» D. rangarajan | |
| 38. |
Industrial Reconstruction Bank of India(IRBI) was established in the year |
| A. | 1961 |
| B. | 1960 |
| C. | 1985 |
| D. | 1975 |
| Answer» D. 1975 | |
| 39. |
............ is “Pay later product” |
| A. | debit card |
| B. | atm card |
| C. | credit card |
| D. | both a&b |
| Answer» D. both a&b | |
| 40. |
............ is “Pay now product” |
| A. | debit card |
| B. | atm card |
| C. | credit card |
| D. | charge card |
| Answer» B. atm card | |
| 41. |
Banking Ombudsman was established in........... |
| A. | 1993 |
| B. | 1997 |
| C. | 1995 |
| D. | 1987 |
| Answer» D. 1987 | |
| 42. |
Another name of credit card is....... |
| A. | debit card |
| B. | money card |
| C. | plastic money |
| D. | card money |
| Answer» D. card money | |
| 43. |
Credit card was first time launched in the world by.......... |
| A. | british bank |
| B. | bank of america |
| C. | hsbc |
| D. | sbi |
| Answer» C. hsbc | |
| 44. |
“Either of Survivor” account in a bank is............account |
| A. | minors account |
| B. | joint account |
| C. | saving account |
| D. | double account |
| Answer» C. saving account | |
| 45. |
In banking, EFT stands for...... |
| A. | economic fund transfer |
| B. | electronic fund transfer |
| C. | economic and financial transaction |
| D. | entries of fund transfer |
| Answer» C. economic and financial transaction | |
| 46. |
RTGS stands for......... |
| A. | rural transactions of government services |
| B. | real time gross settlement |
| C. | recurring and term gross savings |
| D. | real time government service |
| Answer» C. recurring and term gross savings | |
| 47. |
A Head quarter of SIDBI is.......... |
| A. | new delhi |
| B. | mumbai |
| C. | calcutta |
| D. | lucknow |
| Answer» E. | |
| 48. |
The first new generation bank starts its operation in India |
| A. | icici |
| B. | hdfc |
| C. | axis bank |
| D. | centurion |
| Answer» B. hdfc | |
| 49. |
The first new private sector bank is............... |
| A. | hdfc bank |
| B. | icici bank |
| C. | centurion bank |
| D. | uti bank |
| Answer» E. | |
| 50. |
Money lenders in Kerala come under purview of........ |
| A. | banking regulation act |
| B. | indian companies act |
| C. | kerala banking regulation act |
| D. | kerala money lenders act |
| Answer» E. | |