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.
| 1551. |
What does the term Open Market Operations refer to? |
| A. | Selling of equities in the open market |
| B. | Selling of commodities in the open market |
| C. | Buying and selling of government securities in the open market |
| D. | Buying and selling of products in the wholesale market |
| E. | None of these |
| Answer» D. Buying and selling of products in the wholesale market | |
| 1552. |
What do you mean by ―C‖ in the term called as FMCG? |
| A. | Customer |
| B. | Consumer |
| C. | Creditor |
| D. | Country |
| E. | None of the above |
| Answer» C. Creditor | |
| 1553. |
The Rate at which the domestic currency canbe converted into foreign currency and viceversa is known as the |
| A. | Exchange rate |
| B. | MIBOR |
| C. | Inter bank Call money rate |
| D. | Base rate |
| E. | LIBOR |
| Answer» B. MIBOR | |
| 1554. |
According to accepting public deposits, NBFCs can be classified into broad categories. |
| A. | Two |
| B. | Three |
| C. | Four |
| D. | All of the Above |
| E. | None of the Above |
| Answer» B. Three | |
| 1555. |
Which of the following agencies/organizations has decided to make major changes of ULIPs? |
| A. | IRDA |
| B. | RBI |
| C. | AMFI |
| D. | FRBI |
| E. | None |
| Answer» B. RBI | |
| 1556. |
The term ‗Paper Gold‘ means |
| A. | Paper with gold coating |
| B. | Gold Currency |
| C. | Paper currency |
| D. | Special drawing rights of the IMF |
| E. | None of these |
| Answer» E. None of these | |
| 1557. |
In the term STRIPS, the first letter ‗S‘ denotes |
| A. | Single |
| B. | Small |
| C. | Special |
| D. | Savings |
| E. | Separate |
| Answer» F. | |
| 1558. |
Distribution of insurance products andinsurance policies by banks as corporate agents is known as? |
| A. | General insurance |
| B. | Non life insurance |
| C. | Bancassurance |
| D. | Insurance Banking |
| E. | Deposit Insurance |
| Answer» D. Insurance Banking | |
| 1559. |
In primary and secondary markets dealer ofe)None of theseGovernment securities is known as? |
| A. | Ledger |
| B. | Corporate bond dealer |
| C. | Primary dealer |
| D. | Secondary dealer |
| E. | None of these |
| Answer» D. Secondary dealer | |
| 1560. |
The Headquarters of Islamic Development Bank is |
| A. | Sohar, Oman |
| B. | Kuala Lumpur, Malaysia |
| C. | Jeddah, Saudi Arabia |
| D. | Baghdad, Iraq |
| E. | None of these |
| Answer» D. Baghdad, Iraq | |
| 1561. |
What does M stand for In CAMELS? |
| A. | Maintenance |
| B. | Management |
| C. | Misappropriation |
| D. | Money |
| E. | None of these |
| Answer» C. Misappropriation | |
| 1562. |
Which of the following rates is not decided by the RBI? |
| A. | Bank Rate |
| B. | Repo Rate |
| C. | Reverse Repo Rate |
| D. | Prime Lending Rate |
| E. | None of these |
| Answer» E. None of these | |
| 1563. |
ICICI bank launched internet banking operations in |
| A. | 1998 |
| B. | 1999 |
| C. | 2000 |
| D. | 2002 |
| E. | None of These |
| Answer» B. 1999 | |
| 1564. |
Which of the following bank has launched‗mVisa‘ – a mobile-based payments solution? |
| A. | HSBC Bank |
| B. | ICICI Bank |
| C. | SBI |
| D. | Canara Bank |
| E. | Yes Bank |
| Answer» D. Canara Bank | |
| 1565. |
What does ‗I‘ in IDBI stand for? |
| A. | International |
| B. | Indian |
| C. | Investment |
| D. | Industrial |
| E. | None of these |
| Answer» E. None of these | |
| 1566. |
NDTL stands for . |
| A. | Net Demand and Term Liability |
| B. | Net Demand and Time Liquidity |
| C. | Net Demand and Trade Liquidity |
| D. | Net Demand and Time Liability |
| E. | None of these |
| Answer» E. None of these | |
| 1567. |
Which of the following is an example for Long Investment Option? |
| A. | Fixed deposit |
| B. | Money market |
| C. | Public provident fund |
| D. | Saving accounts |
| E. | None of these |
| Answer» D. Saving accounts | |
| 1568. |
Which of the following is correct statement inrespect of debit cards :- |
| A. | Debit card facility is provided to those having savings bank account/current account accounts of individuals, firms and cooperates |
| B. | This facility is not extended to cash credit/loan account holders |
| C. | debit card is issued to all the persons who visit the branch |
| D. | 1 and 2 |
| E. | all of the above . |
| Answer» E. all of the above . | |
| 1569. |
Foreign Currency which has a tendency of quick migration is called- |
| A. | Fiat Currency |
| B. | Soft Currency |
| C. | Token Currency |
| D. | Hot Currency |
| E. | None of the above |
| Answer» E. None of the above | |
| 1570. |
National stock exchange is located - |
| A. | New Delhi |
| B. | Mumbai |
| C. | Kolkata |
| D. | Bangalore |
| E. | None of these |
| Answer» C. Kolkata | |
| 1571. |
Financial instruments provided short termand they include |
| A. | Commercial paper |
| B. | Hundi |
| C. | Certificates of deposits |
| D. | Promissory notes |
| E. | All the above |
| Answer» F. | |
| 1572. |
“The Bank that begins with ―U‖‖ is thetagline of |
| A. | Union Bank of India |
| B. | UCO Bank |
| C. | United Bank of India |
| D. | Central Bank of India |
| E. | None of these |
| Answer» D. Central Bank of India | |
| 1573. |
Slogan of Allahabad Bank is: |
| A. | Together We Prosper |
| B. | A Tradition of Trust |
| C. | A Long Tradition of Trust |
| D. | All the above |
| E. | None of These |
| Answer» C. A Long Tradition of Trust | |
| 1574. |
What is the full form of REER? |
| A. | Real Earning Emergent Ratio |
| B. | Real Elective Effective Ratio |
| C. | Real Effective Exchange Rate |
| D. | Role Effective Earned Rate |
| E. | None of these |
| Answer» D. Role Effective Earned Rate | |
| 1575. |
In which of the following accounts, operation by cheques is permitted? |
| A. | Savings bank accounts and fixed deposit accounts |
| B. | Current accounts and fixed deposit accounts |
| C. | Savings bank accounts and floating loan accounts |
| D. | Savings bank accounts and cash accounts |
| E. | Savings banks accounts and current accounts |
| Answer» F. | |
| 1576. |
An EEFC account can be held only in the formof |
| A. | Savings Bank Account |
| B. | Deposit Account |
| C. | Current Account |
| D. | Both (b) and (c) |
| E. | None of the Above |
| Answer» D. Both (b) and (c) | |
| 1577. |
Which among the following is correct about Brown Label ATMs: |
| A. | These ATMs are owned and maintained by service provider. |
| B. | Bank whose Brand name is used on ATM takes care of cash management and network connectivity. |
| C. | Both of Above |
| D. | None of These |
| E. | ATM Carries fund |
| Answer» D. None of These | |
| 1578. |
National Bank for Agriculture & RuralDevelopment (NABARD) was setup in the ? |
| A. | 1982 |
| B. | 1991 |
| C. | 1969 |
| D. | 1948 |
| E. | None of these |
| Answer» B. 1991 | |
| 1579. |
The difference between the total cost of a project and the sanctioned loan amount is termed as |
| A. | Near Money |
| B. | Hot Money |
| C. | Gross Income |
| D. | Margin Amount |
| E. | None of these |
| Answer» E. None of these | |
| 1580. |
Goods and services tax would replace which tax? |
| A. | Custom duty |
| B. | Excise duty |
| C. | Value added tax |
| D. | Service tax |
| E. | None of these |
| Answer» D. Service tax | |
| 1581. |
Director General of Foreign Trade is working under . |
| A. | Ministry of Finance |
| B. | Ministry of Commerce |
| C. | Ministry of External Affairs |
| D. | Reserve Bank of India |
| E. | None of these |
| Answer» C. Ministry of External Affairs | |
| 1582. |
Which of the following is a Private Sector Bank in India? |
| A. | Corporation Bank |
| B. | Kotak Mahindra Bank |
| C. | IDBI Bank |
| D. | Syndicate Bank |
| E. | Oriental Bank of Commerce |
| Answer» C. IDBI Bank | |
| 1583. |
When the rate of inflation increases? |
| A. | Purchasing power of money increases |
| B. | Purchasing power of money decreases |
| C. | Value of money increases |
| D. | Purchasing power of money remains unaffected |
| E. | Amount of money in circulation decreases |
| Answer» C. Value of money increases | |
| 1584. |
Which bank has deployed humanoid/mobilerobot named IRA (Intelligent Robotic Assistant) in one of its branch to help branch staff in servicing customers? |
| A. | HDFC Bank |
| B. | ICICI Bank |
| C. | Yes Bank |
| D. | IDFC Bank |
| E. | None of these |
| Answer» B. ICICI Bank | |
| 1585. |
Who is the MD and CEO of Allahabad Bank? |
| A. | Ravi Krishan Takkar |
| B. | Kishor Piraji |
| C. | Pawan Kumar Bajaj |
| D. | Usha Ananthasubramanian |
| E. | None of these |
| Answer» E. None of these | |
| 1586. |
The E-Commerce website ―Alibaba‖ is the company of which country? |
| A. | America |
| B. | Japan |
| C. | India |
| D. | China |
| E. | None of these |
| Answer» E. None of these | |
| 1587. |
RBI issue currency rupee notes on bases of . |
| A. | By holding minimum value of gold coins and bullion |
| B. | By holding minimum foreign securities as a part of the total approved assets |
| C. | By holding minimum amount of commodities which are trading in commodity exchanges |
| D. | Only a and b |
| E. | All the above |
| Answer» E. All the above | |
| 1588. |
Expand CRAR in terms of banking sector. |
| A. | Capital- to- Return Asset Ratio |
| B. | Capital –to-Risk Asset Ratio |
| C. | Capital –to-Risk Asset Range |
| D. | Core Risk Asset Return |
| E. | None of these |
| Answer» C. Capital –to-Risk Asset Range | |
| 1589. |
The Deposit Insurance Credit Guarantee Scheme was formed on ? |
| A. | July 1, 1975 |
| B. | January 1, 1952 |
| C. | January 1, 1962 |
| D. | January 1, 1991 |
| E. | None of the above |
| Answer» D. January 1, 1991 | |
| 1590. |
India has emerged as the world‘s largest startup base, according to a new report by Nasscom |
| A. | Fifth |
| B. | Seventh |
| C. | First |
| D. | Third |
| E. | None of these |
| Answer» E. None of these | |
| 1591. |
Which of following is NOT a function of the Reserve Bank of India? |
| A. | Fiscal Policy Functions |
| B. | Exchange Control Functions |
| C. | Issuance, Exchange and destruction of currency notes |
| D. | Monetary Authority Functions |
| E. | Supervisory and Control Functions |
| Answer» B. Exchange Control Functions | |
| 1592. |
Which of the following is NOT a retail banking product? |
| A. | Fixed deposit account |
| B. | Working capital finance |
| C. | Personal loan |
| D. | Housing loan |
| E. | Educational loan |
| Answer» C. Personal loan | |
| 1593. |
Usually, the validity period of an Income TaxRefund Order is? |
| A. | 1 months |
| B. | 2 months |
| C. | 3 months |
| D. | 6 months |
| E. | None of the above |
| Answer» D. 6 months | |
| 1594. |
The maturity of Treasury Bills in India is always less than |
| A. | 91 Days |
| B. | 182 Days |
| C. | 365 Days |
| D. | 730 Days |
| E. | 425 Days |
| Answer» D. 730 Days | |
| 1595. |
Who is the sole authority to issue and manage currency in India? |
| A. | State Bank of India |
| B. | Government of India |
| C. | Reserve Bank of India |
| D. | Finance Ministry |
| E. | None of these |
| Answer» D. Finance Ministry | |
| 1596. |
In CDR, ―R‖ stands for . |
| A. | Regulation |
| B. | Reserve |
| C. | Restructuring |
| D. | Ratio |
| E. | Reduce |
| Answer» D. Ratio | |
| 1597. |
IPPBL has received the Certificate of Incorporation from the Registrar of Companies and has become the first PSU under the Department of posts. What is the full form of IPPBL? |
| A. | India Post Paying Bank Limited |
| B. | India Post Payments Bank Limited |
| C. | India Post-Office Payments Bank Limited |
| D. | International Post Payments Bank Limited |
| E. | India Post Payments Banking Limited |
| Answer» C. India Post-Office Payments Bank Limited | |
| 1598. |
Many a times Government raises additional resources through taxation & allocation of expenditure as per its requirements. It is known as . |
| A. | Credit Policy |
| B. | Fiscal Policy |
| C. | Monetary Policy |
| D. | Taxation Policy |
| E. | None of these |
| Answer» C. Monetary Policy | |
| 1599. |
Which of the following is the Statutory Liquidity ratio (SLR), at present? |
| A. | 10% |
| B. | 21.5% |
| C. | 20.50% |
| D. | 24% |
| E. | 33% |
| Answer» D. 24% | |
| 1600. |
Largest shareholder (in percentage shareholding) of a Nationalized bank is ? |
| A. | RBI |
| B. | NABARD |
| C. | LIC |
| D. | Govt of India |
| E. | IBA |
| Answer» E. IBA | |