MCQOPTIONS
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MCQOPTIONS
This section includes 3839 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1151. |
Arbitrage is |
| A. | buying and selling in two markets simultaneously |
| B. | a rate of interest |
| C. | a fe |
| D. | arbitrage is a dispute |
| Answer» B. a rate of interest | |
| 1152. |
For which of the following currencies is the Indian rupee quotedagainst100 units of the foreign currency |
| A. | deutsche mark |
| B. | pound |
| C. | japanese yen |
| D. | us dollars |
| Answer» D. us dollars | |
| 1153. |
E E F C denotes |
| A. | exchange earners foreign currency account |
| B. | importer’s account with bank |
| C. | account maintain |
| D. | by a exporter with rbi |
| Answer» B. importer’s account with bank | |
| 1154. |
Consortium Advances refer to |
| A. | concurrent borrowings |
| B. | multiple financing |
| C. | joint financing by more than one bank |
| D. | financing of consignment business |
| Answer» D. financing of consignment business | |
| 1155. |
Exchange risk in case of foreign currency Non Resident (Banks)scheme(FCNB) is borne by |
| A. | rbi |
| B. | depositor |
| C. | govt. of india |
| D. | concerned bank |
| Answer» E. | |
| 1156. |
NABARD refinance for financing Self Help Groups is to the extent of |
| A. | 25% |
| B. | 50% |
| C. | 75% |
| D. | 100% |
| Answer» E. | |
| 1157. |
……………is a system of banking in which one bank carries on its businessthrough a network of branches spread all over the country. |
| A. | chain banking |
| B. | unit banking |
| C. | branch banking |
| D. | none of these |
| Answer» D. none of these | |
| 1158. |
The term Allonge refers to |
| A. | the sheets of paper used in writing a deed |
| B. | the stamps affixed on document |
| C. | a sheet of paper attach |
| D. | to mortgage deed for the purpose of witness |
| Answer» E. | |
| 1159. |
As the credit card gives the overdraft facilities and additional………….powerto customer. |
| A. | lending |
| B. | deposit |
| C. | borrowing |
| D. | creating |
| Answer» D. creating | |
| 1160. |
………..represents short-term loans granted either to the discount housesor to other banks which are obtainable at call. |
| A. | balance with other banks |
| B. | money at call and short notice |
| C. | bills discount |
| D. | cash in hand |
| Answer» C. bills discount | |
| 1161. |
Banking ombudsman means |
| A. | person appointed to recover dues from defaulting borrowers |
| B. | a person to whom customer can approach for redress of his grievances |
| C. | a person appoint |
| D. | to settle dispute between employees and management |
| Answer» C. a person appoint | |
| 1162. |
NGO is the term associated with |
| A. | shg |
| B. | pmry |
| C. | seeuy |
| D. | agri. advances |
| Answer» B. pmry | |
| 1163. |
Full form of SLR |
| A. | statutory liquidity ratio |
| B. | state level recovery |
| C. | sundry leverage ratio |
| D. | state liquidity reserve |
| Answer» B. state level recovery | |
| 1164. |
C.R.A. in banking parlance stands for |
| A. | credit rating association |
| B. | credit rating agency |
| C. | credit risk assessment |
| D. | none of these |
| Answer» D. none of these | |
| 1165. |
E.P.S. in share market stands for |
| A. | earning per share |
| B. | electronic payment system |
| C. | employee pension scroll |
| D. | equated payment system |
| Answer» B. electronic payment system | |
| 1166. |
The currency Euro has been introduced w.e.f. |
| A. | 01.01.99 |
| B. | 01.01.2000 |
| C. | 01.08.99 |
| D. | 01.03.99 |
| Answer» B. 01.01.2000 | |
| 1167. |
The Securitization and Reconstruction of Financial Asset and enforce ofSecurity Interest Act came into force from |
| A. | 21.08.02 |
| B. | 21.06.02 |
| C. | 21.07.02 |
| D. | 21.12.02 |
| Answer» C. 21.07.02 | |
| 1168. |
The powers of the Board of Directors to borrow from the bank arementioned in |
| A. | article of association |
| B. | memorandum of association |
| C. | special resolution |
| D. | a & b |
| Answer» C. special resolution | |
| 1169. |
Who is authorized to permit premature closer of PPF A/c |
| A. | rbi |
| B. | ministry of finance department of economic affairs |
| C. | chairman of concerning bank |
| D. | none of these |
| Answer» C. chairman of concerning bank | |
| 1170. |
What is USGAAP? |
| A. | united states generally accepted accounting principles |
| B. | union state generous agreement & accounting principles |
| C. | unit |
| D. | state general allies & army practices |
| Answer» B. union state generous agreement & accounting principles | |
| 1171. |
What is the average percentage of Banking transactions through non- branch route in private sector Banks |
| A. | 50% |
| B. | 60% |
| C. | 70% |
| D. | 65% |
| Answer» D. 65% | |
| 1172. |
The C D Ratio of all schedule commercial Banks as on June 2003stood at |
| A. | 51% |
| B. | 57% |
| C. | 53% |
| D. | 65% |
| Answer» C. 53% | |
| 1173. |
The Gross NPA percentage of the following country is highest in Asia |
| A. | india |
| B. | china |
| C. | malaysia |
| D. | indonesia |
| Answer» C. malaysia | |
| 1174. |
To be categorized as a schedule Bank the minimum capital & reserverequired is |
| A. | rs. 10 lacs |
| B. | rs. 5 lacs |
| C. | rs. 20 lacs |
| D. | rs. 7 lacs |
| Answer» C. rs. 20 lacs | |
| 1175. |
Credit Risk Assessment of the borrowal units is for |
| A. | assessing the repayment capacity |
| B. | to fix the pricing of the product |
| C. | to review the units performance |
| D. | none of these |
| Answer» C. to review the units performance | |
| 1176. |
For Business process re-engineering and IT strategy which bank hasemployed ‘Gartner |
| A. | b |
| B. | sbi |
| C. | pnb |
| D. | bom |
| Answer» B. sbi | |
| 1177. |
Which Bank has recently tied up with Apollo Hospital for financing medicalfacilities |
| A. | icici |
| B. | hd |
| C. | bob |
| D. | sbi |
| Answer» E. | |
| 1178. |
The objective of Government to appoint Narsimhan Committee is |
| A. | to strengthen the banking system |
| B. | to improve customer service |
| C. | to strengthen the credit portfolio |
| D. | none of these |
| Answer» B. to improve customer service | |
| 1179. |
The full form of RBS is |
| A. | risk based supervision |
| B. | rating by system |
| C. | role bas |
| D. | supervision |
| Answer» B. rating by system | |
| 1180. |
………….prescribes two tiers of capital for the banks. |
| A. | basel-i |
| B. | basel-ii |
| C. | basel-iii |
| D. | none of these |
| Answer» B. basel-ii | |
| 1181. |
Pricing is equals to |
| A. | cost of the product |
| B. | break even point of the firm |
| C. | function of risk rating |
| D. | all of the above |
| Answer» D. all of the above | |
| 1182. |
Under the Banking Ombudsman scheme the value of claim shouldnotexceed |
| A. | 5 lac |
| B. | 10 l |
| C. | c)15 lac |
| D. | 20 lac |
| Answer» E. | |
| 1183. |
Which Bank has introduced ‘Pre-paid Card’ first |
| A. | obc |
| B. | bob |
| C. | corporation bank |
| D. | sbi |
| Answer» B. bob | |
| 1184. |
The minimum Capital Adequacy Ratio currently fixed by RBI for Banksis |
| A. | 12% |
| B. | 10% |
| C. | 9% |
| D. | 11% |
| Answer» D. 11% | |
| 1185. |
The following is not a housing finance intermediary agency |
| A. | hdfc |
| B. | hudco |
| C. | nhb |
| D. | sidco |
| Answer» E. | |
| 1186. |
Who can fix the interest rates of NRE & FCNB deposits ? |
| A. | rbi |
| B. | banks, as per the directive of rbi |
| C. | govt. of india |
| D. | iba |
| Answer» C. govt. of india | |
| 1187. |
Who is authorised to issue coin in India |
| A. | rbi |
| B. | ministry of finance |
| C. | sbi |
| D. | none of these |
| Answer» C. sbi | |
| 1188. |
Bank can change interest rate without reference to its PLR in thefollowing |
| A. | housing loans |
| B. | nre/ fcnb deposits |
| C. | personal loans |
| D. | educational loans |
| Answer» C. personal loans | |
| 1189. |
The maximum penal rate of interest that can be charged is restrictedto |
| A. | 2 % |
| B. | 3 % |
| C. | maximum spre |
| D. | announced over plr |
| Answer» D. announced over plr | |
| 1190. |
To which category of customers are banks prohibited to sanctionloansagainst shares and debentures? |
| A. | institutions |
| B. | psus |
| C. | banks |
| D. | trust and endowments |
| Answer» E. | |
| 1191. |
Banks can change rate of interest beyond spread announced by themonadvances granted to |
| A. | film companies |
| B. | chit funds |
| C. | nbfc s |
| D. | hotels |
| Answer» D. hotels | |
| 1192. |
Which kind of bills should not be discounted by banks as per RBIregulation? |
| A. | customs duty |
| B. | installation charges |
| C. | sale of goods |
| D. | purchase of books |
| Answer» B. installation charges | |
| 1193. |
What should be the method of valuation for advances againstshares/debentures / bonds? |
| A. | face value |
| B. | market price |
| C. | book value |
| D. | average value |
| Answer» C. book value | |
| 1194. |
What action is taken if one of the customers tenders forged note? |
| A. | he is sent to prison |
| B. | note is returned with remark, forged note |
| C. | note is impound |
| D. | note is torn |
| Answer» D. note is torn | |
| 1195. |
Head quarter of ADB is situated at |
| A. | new york |
| B. | chicago |
| C. | manila |
| D. | tokyo |
| Answer» D. tokyo | |
| 1196. |
Which of the following definition is most correct. UCPDC 500 is |
| A. | set of rules applicable to cc transactions |
| B. | set of rules having 500 article |
| C. | set of rules fram |
| D. | by icc governing lc business globally |
| Answer» D. by icc governing lc business globally | |
| 1197. |
Indian Companies have been allowed to invest upto US$ ---abroad |
| A. | 10 million |
| B. | 15 million |
| C. | 5 million |
| D. | 20 million |
| Answer» B. 15 million | |
| 1198. |
As per Basel-I ………..capital can absorb losses without a bank beingrequired to cease trading. |
| A. | tier-i |
| B. | tier-ii |
| C. | tier-iii |
| D. | none of these |
| Answer» B. tier-ii | |
| 1199. |
If market quotes USD/INR as 43.61/63 ,at what rate can you buy USD atthe given quote. |
| A. | 43.61 |
| B. | 43.62 |
| C. | 43.63 |
| D. | none of the above |
| Answer» D. none of the above | |
| 1200. |
A new category of scheduled banks came into existence in 1975 as RRBsunder the ……… |
| A. | regional rural banks ordinance,1975. |
| B. | regional reconstruction banks ordinance,1975. |
| C. | register |
| D. | rural banks ordinance,1975. |
| Answer» B. regional reconstruction banks ordinance,1975. | |