MCQOPTIONS
Saved Bookmarks
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. |
Which bank introduced a new Term Deposit Scheme, "KBL Amrit Samriddhi"? |
| A. | ICICI Bank |
| B. | Kota Bank |
| C. | Karnataka Bank |
| D. | Kotak Mahindra Bank |
| Answer» D. Kotak Mahindra Bank | |
| 2. |
State Bank of India has launched its first dedicated branch for Startups in which city? |
| A. | Delhi |
| B. | Pune |
| C. | Bengaluru |
| D. | Mumbai |
| Answer» D. Mumbai | |
| 3. |
Which company and ONDC have a memorandum of understanding in place to boost the involvement of small and medium-sized businesses in online commerce? |
| A. | Small Industries Development Bank of India (SIDBI) |
| B. | HDFC Bank |
| C. | IDFC First Bank |
| D. | IDBI Bank |
| Answer» B. HDFC Bank | |
| 4. |
Which bank has launched its first branch dedicated to start-ups in Koramangala, Bengaluru? |
| A. | State Bank of India |
| B. | Reserve Bank of India |
| C. | Punjab National Bank |
| D. | Bank of Baroda |
| Answer» B. Reserve Bank of India | |
| 5. |
Which bank has launched a unique solution "Smart Wire" for its customers to help them with SWIFT-based inward remittances in a faster and hassle-free manner? |
| A. | ICICI Bank |
| B. | IndusInd Bank |
| C. | Axis Bank |
| D. | Bandhan Bank |
| Answer» B. IndusInd Bank | |
| 6. |
Which bank has started the Gram Seva program in six states of India? |
| A. | HDFC Bank |
| B. | YES Bank |
| C. | SBI |
| D. | BOI |
| Answer» D. BOI | |
| 7. |
Which bank raised the minimum capital requirement for setting up ARCs to Rs.300 crore? |
| A. | RBI |
| B. | ADB |
| C. | SBI |
| D. | Central Bank of India |
| Answer» B. ADB | |
| 8. |
Which bank has introduced a unique term deposit programme called "Utsav Deposit Scheme"? |
| A. | Union Bank of India |
| B. | State Bank of India |
| C. | Punjab National Bank |
| D. | Canara Bank |
| Answer» C. Punjab National Bank | |
| 9. |
Which bank became a net seller in June 2022 by selling USD 3.719 billion? |
| A. | Union Bank of India |
| B. | State Bank of India |
| C. | Bank of Baroda |
| D. | Reserve Bank of India |
| Answer» E. | |
| 10. |
Which bank has launched a unique solution "Smart Wire" for its customers to help them with SWIFT-based inward remittances? |
| A. | YES Bank |
| B. | ICICI Bank |
| C. | Axis Bank |
| D. | HDFC Bank |
| Answer» C. Axis Bank | |
| 11. |
Which bank released the 25th Financial Stability report which reflects the collective assessment of the sub-committee of the FSDC? |
| A. | RBI |
| B. | ADB |
| C. | PNB |
| D. | SBI |
| Answer» B. ADB | |
| 12. |
Which bank has appointed RS Gandhi as an additional independent director? |
| A. | ICICI Bank |
| B. | HDFC Bank |
| C. | Axis Bank |
| D. | Yes Bank |
| Answer» E. | |
| 13. |
Which one has signed the bancassurance pact with Howrah-based-Paschim Banga Gramin Bank? |
| A. | ICICI Prudential Life |
| B. | SBI Life |
| C. | LIC |
| D. | HDFC Life |
| Answer» C. LIC | |
| 14. |
Which bank has released the Report on Currency and Finance RCF? |
| A. | Reserve Bank of India |
| B. | Union Bank |
| C. | State Bank of India |
| D. | Asian Development Bank |
| Answer» B. Union Bank | |
| 15. |
Which banking company has become the first public sector bank to go live on the Account Aggregator framework? |
| A. | Union Bank of India |
| B. | South India Bank |
| C. | State Bank of India |
| D. | Reserve Bank of India |
| Answer» B. South India Bank | |
| 16. |
Airtel Payments Bank has partnered with which bank to digitize the cash collection system in Tier III? |
| A. | Axis Bank |
| B. | ICICI Bank |
| C. | HDFC Bank |
| D. | Yes Bank |
| Answer» B. ICICI Bank | |
| 17. |
BOB Financial has launched a co-branded contactless RuPay credit card with which bank? |
| A. | HDFC Bank |
| B. | Axis Bank |
| C. | Karnataka Bank |
| D. | Nainital Bank |
| Answer» E. | |
| 18. |
Which bank partners with NITI to train and hire data engineers? |
| A. | HDFC Bank |
| B. | ICICI Bank |
| C. | Canara Bank |
| D. | Axis Bank |
| Answer» B. ICICI Bank | |
| 19. |
Which bank approved USD 250 million for India's road safety program? |
| A. | SBI |
| B. | World Bank |
| C. | ADB |
| D. | RBI |
| Answer» C. ADB | |
| 20. |
On which bank did RBI impose a monetary penalty of Rs.1 crore for non-compliance with certain directions on 'Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016'? |
| A. | IndusInd Bank |
| B. | HDFC Bank |
| C. | Punjab National Bank |
| D. | SBI |
| Answer» B. HDFC Bank | |
| 21. |
Which bank has signed an agreement with the Forest and Wildlife Department to enable digital collection of payments? |
| A. | State Bank of India |
| B. | South Indian Bank |
| C. | Union Bank of India |
| D. | Bank of Baroda |
| Answer» C. Union Bank of India | |
| 22. |
Which bank launched a digital platform for the students' ecosystem 'Campus Power'? |
| A. | Axis Bank |
| B. | HDFC Bank |
| C. | YES Bank |
| D. | ICICI Bank |
| Answer» E. | |
| 23. |
Which bank has signed an MoU with Indian Air Force to provide specially designed products to the defence personnel under the bank's flagship scheme of 'Rakshak Plus'? |
| A. | ICICI Bank |
| B. | SBI |
| C. | Axis Bank |
| D. | PNB |
| Answer» E. | |
| 24. |
Which bank has launched 'Video-based Customer Identification Process (V-CIP)' for account opening? |
| A. | Karnataka Bank |
| B. | HDFC bank |
| C. | ICICI Bank |
| D. | Punjab National Bank |
| Answer» B. HDFC bank | |
| 25. |
The NABARD has launched the "My Pad My Right programme", in Leh. Who is the chairman of Nabard? |
| A. | Pratap Singh Rana |
| B. | Vinay Dixit |
| C. | Girish Kumar |
| D. | GR Chintala |
| Answer» E. | |
| 26. |
The Union Cabinet expanded the scope of GeM to allow which entities to register as buyers? |
| A. | Small Finance Banks |
| B. | Cooperative Societies |
| C. | Common Service Centres |
| D. | Post Offices |
| Answer» C. Common Service Centres | |
| 27. |
Which bank has launched its KCC Digital Renewal scheme, enabling eligible customers to renew their Kisan Credit Card? |
| A. | ICICI Bank |
| B. | HDFC Bank |
| C. | Axis Bank |
| D. | Indian Bank |
| Answer» E. | |
| 28. |
Who has announced that it became the 1st RBI licensed PPI to launch cash withdrawal using a RuPay-powered card from any ATMs across the country? |
| A. | ICICI Card |
| B. | OmniCard |
| C. | HDFC Card |
| D. | SBI Card |
| Answer» C. HDFC Card | |
| 29. |
Which payments bank has partnered with Go Digit General Insurance Limited to provide small and medium business owners with shop insurance coverage? |
| A. | Jio Payments Bank |
| B. | Airtel Payments Bank |
| C. | Fino Payments Bank |
| D. | India Post Payments Bank |
| Answer» D. India Post Payments Bank | |
| 30. |
Which bank appointed R Subramaniakumar as the new MD & CEO? |
| A. | Federal Bank |
| B. | RBL Bank |
| C. | Canara Bank |
| D. | HDFC Bank |
| Answer» C. Canara Bank | |
| 31. |
Which payments bank has partnered with Muthoot Finance to offer gold loans on its app? |
| A. | Airtel Payments Bank |
| B. | Paytm Payments Bank |
| C. | Jio Payments Bank |
| D. | India Post Payments Bank |
| Answer» B. Paytm Payments Bank | |
| 32. |
Which bank has launched KCC Digital Renewal Scheme to enable eligible customers to renew their Kisan Credit Card accounts through digital mode? |
| A. | Indian Bank |
| B. | Punjab National Bank |
| C. | Karnataka Bank |
| D. | Union Bank of India |
| Answer» B. Punjab National Bank | |
| 33. |
Which bank ties with Accenture to Digitally Transform Lending Business? |
| A. | Yes Bank |
| B. | ICICI Bank |
| C. | HDFC Bank |
| D. | Axis Bank |
| Answer» D. Axis Bank | |
| 34. |
Which bank has partnered with ZestMoney, to expand its 'Cardless EMI' facility for purchases on retail and e-commerce platforms? |
| A. | Yes Bank |
| B. | Axis Bank |
| C. | HDFC Bank |
| D. | ICICI Bank |
| Answer» E. | |
| 35. |
Which payment bank has introduced issuer charges for the AePS? |
| A. | Paytm Payments Bank |
| B. | NSDL Payments Bank |
| C. | Airtel Payments Bank |
| D. | India Post Payments Bank |
| Answer» E. | |
| 36. |
The RBI has approved which category of banks to provide doorstep banking services? |
| A. | Rural Cooperative Banks |
| B. | Payment Banks |
| C. | Local Area Banks |
| D. | Urban Cooperative banks |
| Answer» E. | |
| 37. |
Which bank has launched an online platform, 'Trade nxt'? |
| A. | Bank of Baroda |
| B. | Union Bank of India |
| C. | Punjab National Bank |
| D. | Canara Bank |
| Answer» C. Punjab National Bank | |
| 38. |
Which bank ties up with Amazon Pay to offer UPI Payment Services? |
| A. | ICICI Bank |
| B. | HDFC Bank |
| C. | RBL Bank |
| D. | Axis Bank |
| Answer» D. Axis Bank | |
| 39. |
Which bank did Debdutt Chand become the new Managing Director of? |
| A. | Bank of Baroda |
| B. | Canara Bank |
| C. | Reserve Bank of India |
| D. | State Bank of India |
| Answer» B. Canara Bank | |
| 40. |
Anshul Swami has been appointed Managing Director and Chief Executive Officer of which small finance bank? |
| A. | Shivalik Small Finance Bank |
| B. | Suryoday Small Finance Bank |
| C. | Utkarsh Small Finance Bank |
| D. | Equitas Small Finance Bank |
| Answer» B. Suryoday Small Finance Bank | |
| 41. |
Which bank has become the first public sector bank to go live on the Account Aggregator framework? |
| A. | Punjab National Bank |
| B. | Canara Bank |
| C. | Union Bank of India |
| D. | IDBI |
| Answer» D. IDBI | |
| 42. |
Which Indian bank has launched the 'Open-for-all' Digital ecosystem for MSMEs? |
| A. | HDFC Bank |
| B. | ICICI Bank |
| C. | Canara Bank |
| D. | State Bank of India |
| Answer» C. Canara Bank | |
| 43. |
RBI has hiked the policy repo rate by how many basis points? |
| A. | 30 basis points |
| B. | 45 basis points |
| C. | 40 basis points |
| D. | 35 basis points |
| Answer» D. 35 basis points | |
| 44. |
Which bank has launched a retail banking initiative called 'Vishesh'? |
| A. | ICICI |
| B. | PNB |
| C. | RBI |
| D. | HDFC |
| Answer» E. | |
| 45. |
Which institution conducted the 'All-India Household Consumer Expenditure Survey'? |
| A. | NABARD |
| B. | NITI Aayog |
| C. | National Statistical Office |
| D. | Reserve Bank of India |
| Answer» D. Reserve Bank of India | |
| 46. |
Banking may broadly be described as the business of providing |
| A. | investment services |
| B. | financial services |
| C. | loans and mortgages |
| D. | foreign exchange services |
| Answer» C. loans and mortgages | |
| 47. |
The term Arbun refers to |
| A. | down payment |
| B. | loan payment |
| C. | savings. |
| D. | deposit with a bank. |
| Answer» B. loan payment | |
| 48. |
The Arabic term Kafil means |
| A. | a person taking possession of goods |
| B. | a person taking delivery of goods |
| C. | a person providing surety |
| D. | a person withholding delivery of goods |
| Answer» D. a person withholding delivery of goods | |
| 49. |
The term Aqd in Islamic commercial law refers to |
| A. | ownership of goods |
| B. | a contract |
| C. | non-permissible |
| D. | permissible |
| Answer» C. non-permissible | |
| 50. |
A type of partnership where one party offer funds while other gives expertise andmanagement is |
| A. | murabaha |
| B. | musharika |
| C. | ijarah |
| D. | mudarabah |
| Answer» E. | |