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. |
Who is the MD and CEO of Punjab ans Sind Bank? |
| A. | Arun Tiwari |
| B. | Kishor Kharat |
| C. | S.Jatinderbir Singh |
| D. | Ravi Krishnan |
| E. | None of these |
| Answer» D. Ravi Krishnan | |
| 2. |
A bank is called as ―Scheduled Bank‖ when . |
| A. | Its business has crossed Rs. 1000 crore mark |
| B. | Its branch network is over 100 |
| C. | It is included in the second Schedule of the RBI Act |
| D. | When it complies with all the three above |
| E. | None of these |
| Answer» D. When it complies with all the three above | |
| 3. |
What is the full form of IPO? |
| A. | Initial Private Offering |
| B. | Initial Partnership Offering |
| C. | Initial Public Offering |
| D. | Interest Private offering |
| E. | None of the above |
| Answer» D. Interest Private offering | |
| 4. |
Which of the following bank had its old name as ‗Devkaran Nanji Banking Company Limited‘? |
| A. | Dhanlaxmi Bank |
| B. | Dena Bank |
| C. | Central Bank of India |
| D. | State Bank of Mysore |
| E. | None of these |
| Answer» C. Central Bank of India | |
| 5. |
Indian paper currency is minted in Mysore and also in ? |
| A. | Kolkata |
| B. | Chennai |
| C. | Bengaluru |
| D. | Nasik |
| E. | Delhi |
| Answer» E. Delhi | |
| 6. |
Urban cooperative banks are controlled by and |
| A. | State government-RBI |
| B. | NABARD – RBI |
| C. | SEBI – RBI |
| D. | Central government – NABARD |
| E. | NABARD – state governments |
| Answer» C. SEBI – RBI | |
| 7. |
DSCR indicates the ability of a company to- |
| A. | Meet its current liabilities |
| B. | Service its share holders |
| C. | Meet its long term debt obligations |
| D. | Raise further capital |
| E. | None of these |
| Answer» D. Raise further capital | |
| 8. |
received Reserve Bank of India (RBI)‘s permission to open its first international branch in Dubai. ? |
| A. | Federal Bank |
| B. | Axis Bank |
| C. | HDFC Bank |
| D. | ICICI Bank |
| E. | None of These |
| Answer» B. Axis Bank | |
| 9. |
Rupee denominated bonds issues by Indian companies in order to raise funds offshore are called |
| A. | Convertible bonds |
| B. | Global development bonds |
| C. | Callable Bonds |
| D. | Masala Bonds |
| E. | Asian Development Bond |
| Answer» E. Asian Development Bond | |
| 10. |
Role of merchant bankers——–? |
| A. | Mobilization of funds |
| B. | Promotional function |
| C. | Innovation |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 11. |
Which of the following private sector bank re-branded itself as ―RBS‖? |
| A. | Sumitomo Bank |
| B. | Bank of Scotland |
| C. | ABN Amro Bank |
| D. | ICICI Bank |
| E. | Bank of Rajasthan |
| Answer» D. ICICI Bank | |
| 12. |
The nationalisation of 14 Indian commercial banks, with deposits over and above Rupees 50 Crores, was undertaken by government of India, on |
| A. | 9th June, 1969 |
| B. | 19th July, 1969 |
| C. | 9th July, 1969 |
| D. | 9th June, 1970 |
| E. | 9th July, 1970 |
| Answer» C. 9th July, 1969 | |
| 13. |
The Headquarters of Capital Local Area Bank is situated in |
| A. | Amritstar, Punjab |
| B. | Ludhiana, Punjab |
| C. | Bathinda, Punjab |
| D. | Jalandhar, Punjab |
| E. | None of these |
| Answer» E. None of these | |
| 14. |
Which of the following payment instrument introduced by the banks is known as plastic money? |
| A. | Bearer Cheques |
| B. | Credit Cards |
| C. | Demand Drafts |
| D. | Gift cheques |
| E. | None of these |
| Answer» C. Demand Drafts | |
| 15. |
Gilt – edged securities can be used to maintain . |
| A. | Repo Rate |
| B. | CRR |
| C. | Reverse Repo Rate |
| D. | SLR |
| E. | None of these |
| Answer» E. None of these | |
| 16. |
At present, the maximum interest a bank offers on Saving bank account is ? |
| A. | 3.50% |
| B. | 5% |
| C. | 7% |
| D. | As per bank policy, as the Interest rate on Savings account is deregulated |
| E. | None of the above |
| Answer» E. None of the above | |
| 17. |
Which bank had the highest concentrations of operations overseas in 2010? |
| A. | Bank of Baroda |
| B. | Bank of India |
| C. | State Bank of India |
| D. | Union Bank of India |
| E. | None of these |
| Answer» B. Bank of India | |
| 18. |
With reference to a cheque which of the following is the ―drawee bank‖? |
| A. | The bank that collects the cheque |
| B. | The payee's bank |
| C. | The endorsee's bank |
| D. | The endorser's bank |
| E. | The bank upon which the cheque is drawn |
| Answer» F. | |
| 19. |
Kisan Credit Card can be used for financing? |
| A. | Production needs |
| B. | Consumption needs |
| C. | Both (a) and (b) |
| D. | None of the above |
| E. | cannot be determined |
| Answer» D. None of the above | |
| 20. |
What are the facilities available to the customers through ATM :- |
| A. | Cash withdrawal subject to a predetermined limit per day |
| B. | Cash deposit |
| C. | Balance enquiry |
| D. | details of certain number of transactions |
| E. | all of the above. |
| Answer» F. | |
| 21. |
The Indian person who received the Nobel Prize in Economic? |
| A. | Rabindra Nath Tagore |
| B. | C.V. Raman |
| C. | Amartya Sen |
| D. | Dr. Radha Krishan |
| E. | None of these |
| Answer» D. Dr. Radha Krishan | |
| 22. |
Which of the following Bank headquarters located in Chennai? |
| A. | Syndicate Bank |
| B. | IDBI Bank |
| C. | Bank of India |
| D. | Indian Overseas Bank |
| E. | None of these |
| Answer» E. None of these | |
| 23. |
The Foreign exchange of India is kept with |
| A. | SBI |
| B. | ECGC |
| C. | RBI |
| D. | NABARD |
| E. | None of these |
| Answer» D. NABARD | |
| 24. |
A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as? |
| A. | Investment Banking |
| B. | Core Banking |
| C. | Mobile Banking |
| D. | National Banking |
| E. | Specialized Banking |
| Answer» C. Mobile Banking | |
| 25. |
Which of the following is NOT the part of the organized sector in Indian Money Market? |
| A. | Mutual Funds |
| B. | Non-Banking Financial Companies |
| C. | Unit Trust of India |
| D. | Chit funds |
| E. | None of these |
| Answer» E. None of these | |
| 26. |
Goods and Services Tax (GST), would replace which of the following taxes level at present? |
| A. | Income tax |
| B. | Corporate tax |
| C. | Capital gains tax |
| D. | Value-added tax (VAT) |
| E. | All of these |
| Answer» E. All of these | |
| 27. |
Which of the following has become the firstIndian lender to complete a banking transaction using Blockchain technology? |
| A. | HDFC Bank |
| B. | ICICI Bank |
| C. | Axis Bank |
| D. | Federal Bank |
| E. | YES Bank |
| Answer» C. Axis Bank | |
| 28. |
The SEBI amended the regulations for REITsrecently to facilitate their growth, What is the full form of the term REITs? |
| A. | Rural Estate Investment Trusts |
| B. | Regional Estate Innovation Trusts |
| C. | Real Estate Investment Trusts |
| D. | Restructured Estate Investment Trusts |
| E. | None of these |
| Answer» D. Restructured Estate Investment Trusts | |
| 29. |
Kisan Credit Card (KCC) scheme introduced in ……………… has emerged as an innovativecredit delivery mechanism to meet the credit requirements of the farmers in a timely and hassle – free manner. |
| A. | 1998 |
| B. | 2000 |
| C. | 2001 |
| D. | 1991 |
| E. | 2004 |
| Answer» B. 2000 | |
| 30. |
The custodian of FOREX Reserve of GOI is |
| A. | IRDA |
| B. | SEBI |
| C. | RBI |
| D. | PFRDA |
| E. | None of these |
| Answer» D. PFRDA | |
| 31. |
In case the prospective customer whose income comes from only Agriculture sources then he has to give a declaration in Form 61. |
| A. | True |
| B. | False |
| C. | He has to submit form 60 |
| D. | No such requirement |
| E. | None of the above |
| Answer» B. False | |
| 32. |
The Headquarter of Bank of India is located in which of the following city? |
| A. | Kolkata |
| B. | New Delhi |
| C. | Mumbai |
| D. | Manipal |
| E. | Chennai |
| Answer» D. Manipal | |
| 33. |
Recently, Yeldi Softcom received a licence for RBI to set up which of the following? |
| A. | open wallet |
| B. | semi-closed wallet |
| C. | closed wallet |
| D. | semi-open wallet |
| E. | None of these |
| Answer» C. closed wallet | |
| 34. |
Banks do not provide which of the following services? |
| A. | Issuing Bank Drafts |
| B. | Deposting Money |
| C. | Sale of post cards and postal stamps |
| D. | Lockers for valueable items/ documents |
| E. | None of these |
| Answer» D. Lockers for valueable items/ documents | |
| 35. |
Small finance banks are a type of banks in our country. |
| A. | niche |
| B. | investment |
| C. | industrial |
| D. | All of the Above |
| E. | None of the Above |
| Answer» B. investment | |
| 36. |
Banking in India is controlled by: |
| A. | Reserve Bank of India |
| B. | Union Finance Commission |
| C. | Union Ministry of Finance |
| D. | Union Ministry of Commerce |
| E. | None of these |
| Answer» B. Union Finance Commission | |
| 37. |
Which of the following terms is used in the field of finance and banking? |
| A. | Metabolism |
| B. | Genetic process |
| C. | Centrifugal force |
| D. | Debt instrument |
| E. | Experimental error |
| Answer» E. Experimental error | |
| 38. |
National Institute of Bank Management is the institute meant for . |
| A. | Providing Management personnel to the Banks |
| B. | Training of bank employees in Banking |
| C. | Providing consultancy on best practices in Bank Management |
| D. | Recruitment of Bank Employees at all levels |
| E. | All those given as options |
| Answer» F. | |
| 39. |
What is the full form of NIM? |
| A. | Net Interest Margin |
| B. | Net Involvement Margin |
| C. | Net Involution Margin |
| D. | Net international Margin |
| E. | None of these. |
| Answer» B. Net Involvement Margin | |
| 40. |
Slogan of Indian Bank ? |
| A. | You can always bank on us |
| B. | Where every individual is committed |
| C. | Good people to bank with |
| D. | Your Tech – Friendly Bank |
| E. | None of these |
| Answer» E. None of these | |
| 41. |
In banking parlance, ‗NPA‘ stands for ? |
| A. | Net Performing Asset |
| B. | Non Performing Asset |
| C. | Non-Productive Asset |
| D. | All of these |
| E. | None of the Above |
| Answer» C. Non-Productive Asset | |
| 42. |
―Matryoshka bond‖ is issued by? |
| A. | USA |
| B. | Japan |
| C. | Russia |
| D. | Canada |
| E. | Korea |
| Answer» D. Canada | |
| 43. |
Nomination is available for |
| A. | Deposit accounts |
| B. | Safe custody articles |
| C. | Lockers. |
| D. | Partnership firms |
| E. | Only A B C |
| Answer» F. | |
| 44. |
The National Stock Exchange (NSE) has selected who among the following as its new CEO and Managing Director? |
| A. | Ashok Chawla |
| B. | Subrato Das |
| C. | Ashish Chauhan |
| D. | MS Raghavan |
| E. | Vikram Limaye |
| Answer» F. | |
| 45. |
Which of the following is the central bank of U.S.A? |
| A. | Federation of Banks in U.S.A. |
| B. | Central Bank of U.S.A. |
| C. | Federal Reserve |
| D. | Bank of America |
| E. | None of these |
| Answer» D. Bank of America | |
| 46. |
The Reserve Bank of India has released the first Bi-monthly monetary policy of the new financial year (2017-18) on 06th April 2017. The RBI has however hiked its outlook for GDP growth to in this fiscal from 6.7% last year. |
| A. | 7.1 percent |
| B. | 7.2 percent |
| C. | 7.3 percent |
| D. | 7.4 percent |
| E. | 7.5 percent |
| Answer» E. 7.5 percent | |
| 47. |
Which among the following public sector bank has embarked upon an ambitious project of upgrading the bandwidth at all its branches to 2 Mbps in partnership with BSNL? |
| A. | State Bank of India |
| B. | Andhra Bank |
| C. | Dena Bank |
| D. | Syndicate Bank |
| E. | Canara Bank |
| Answer» F. | |
| 48. |
The rate at which banks borrows from the RBI is called |
| A. | SLR |
| B. | Repo Rate |
| C. | Reverse repo rate |
| D. | Bank rate |
| E. | None of these |
| Answer» C. Reverse repo rate | |
| 49. |
Customer Day in the bank is on and customers are allowed to meet the top officials of the bank on this day in every month: |
| A. | 5th |
| B. | 10th |
| C. | 15th |
| D. | 30th |
| E. | Any of the above dates |
| Answer» D. 30th | |
| 50. |
Which of the following is necessary while opening deposit accounts in banks? |
| A. | Will |
| B. | Registration |
| C. | Nomination |
| D. | Indemnity |
| E. | Guarantee |
| Answer» D. Indemnity | |