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.
| 1801. |
RBS Bank has been headquartered in |
| A. | Glasgow, United Kingdom |
| B. | Edinburgh, United Kingdom |
| C. | Skye, United Kingdom |
| D. | Aberdeen, United Kingdom |
| E. | None of these |
| Answer» C. Skye, United Kingdom | |
| 1802. |
What is ‗STT‘? |
| A. | Standard Transaction Tax |
| B. | Securities transaction tax |
| C. | Standard transfer tax |
| D. | Both (a) and (c) |
| E. | None of these |
| Answer» C. Standard transfer tax | |
| 1803. |
The Currency of Hungary is |
| A. | Gourde |
| B. | Franc |
| C. | Forint |
| D. | Lempira |
| E. | None of these |
| Answer» D. Lempira | |
| 1804. |
Which of the following is the first universal bank of India? |
| A. | HDFC |
| B. | Axis Bank |
| C. | ICICI |
| D. | Federal Bank |
| E. | None of these |
| Answer» D. Federal Bank | |
| 1805. |
A government security is generally issued inthe form of |
| A. | Stock certificates |
| B. | Bearer bonds |
| C. | Promissory notes |
| D. | all |
| E. | none |
| Answer» E. none | |
| 1806. |
Apna Sahakari Bank Ltd is located at? |
| A. | Bhopal, Madhya Pradesh |
| B. | Kolkata, West Bengal |
| C. | Lucknow, Uttar Pradesh |
| D. | Mumbai, Maharashtra |
| E. | None of the above |
| Answer» E. None of the above | |
| 1807. |
Which of the following sectors makes maximum contribution to the National Income of India? |
| A. | Agriculture |
| B. | Service |
| C. | Industry |
| D. | Both a) and c) |
| E. | None of these |
| Answer» C. Industry | |
| 1808. |
Which of the following organization / agencies has established a fund known as Investor Protection Fund? |
| A. | RBI |
| B. | SIDBI |
| C. | Bombay Stock Exchange |
| D. | Ministry of Finance |
| E. | Ministry of Commerce & Industry |
| Answer» D. Ministry of Finance | |
| 1809. |
The head of the SBI is designated as: |
| A. | Executive director |
| B. | Governor |
| C. | Deputy Governor |
| D. | Chairman |
| E. | None of these |
| Answer» E. None of these | |
| 1810. |
Expand LIBOR? |
| A. | London Inter Bank Offered Rate |
| B. | London Inter Bank Official Rate |
| C. | London Inter Bank Offered Ratio |
| D. | London International Bank Offered Rate |
| E. | None of these |
| Answer» B. London Inter Bank Official Rate | |
| 1811. |
Companies whose main business is notfinancing or lending are permitted to accept deposits under section 45(s) of RBI Act only from: |
| A. | Public |
| B. | Relatives in the from of loans |
| C. | Friends |
| D. | All of the above |
| E. | None |
| Answer» C. Friends | |
| 1812. |
Which one of the following statements iscorrect regarding increase in the CRR in India? |
| A. | It increases credit creation |
| B. | It reduces credit creation |
| C. | It does not affect credit |
| D. | It denoted liberal monetary policy |
| E. | None of these |
| Answer» C. It does not affect credit | |
| 1813. |
Which was the first bank to introduce creditcard in India? |
| A. | Canara Bank |
| B. | Central Bank of India |
| C. | Bank of Baroda |
| D. | ICICI Bank |
| E. | None of these |
| Answer» C. Bank of Baroda | |
| 1814. |
Group of people such as workers who pooltheir money together for savings and to make loan is called a/an |
| A. | Public Union |
| B. | Credit Union |
| C. | Labour Union |
| D. | Cooperative Union |
| E. | None of these |
| Answer» C. Labour Union | |
| 1815. |
Closed Economy is one in which : |
| A. | only export takes place |
| B. | money supply is fully controlled |
| C. | deficit financing takes place |
| D. | neither export nor import takes place |
| E. | None of these |
| Answer» E. None of these | |
| 1816. |
Which of the following terms is used inBanking? |
| A. | Epicenter |
| B. | Pascal |
| C. | Latency |
| D. | Verticity |
| E. | Inflation |
| Answer» F. | |
| 1817. |
‗Which bank launched smart star account? |
| A. | HDFC Bank |
| B. | HSBC |
| C. | ICICI Bank |
| D. | IDBI Bank |
| E. | None of these |
| Answer» D. IDBI Bank | |
| 1818. |
Which of the Public Sector Bank tagline―India‘s International Bank‖ ? |
| A. | SBI |
| B. | PNB |
| C. | ICICI |
| D. | HDFC |
| E. | BOB |
| Answer» F. | |
| 1819. |
Which of the following bank headquarters located in Bangalore? |
| A. | Vijaya Bank |
| B. | Corporation Bank |
| C. | Karnataka Bank |
| D. | All of the above |
| E. | None of these |
| Answer» B. Corporation Bank | |
| 1820. |
In banking the term DTL refers to; |
| A. | Detail time limit. |
| B. | Demand and time limit. |
| C. | Demand and time liabilities. |
| D. | All of the above |
| E. | None of these. |
| Answer» D. All of the above | |
| 1821. |
The Minimum Net Owned Fund for NBFC- MFIs registered in the North Eastern Region of the country is |
| A. | Rs.5 crore |
| B. | Rs.4 crore |
| C. | Rs.3 crore |
| D. | Rs.2 crore |
| E. | None of the Above |
| Answer» E. None of the Above | |
| 1822. |
Monetary Policy as an arm of the economic policy is administered by . |
| A. | Prime Minister of India |
| B. | Government of India |
| C. | State Bank of India |
| D. | Reserve Bank of India |
| E. | None of these |
| Answer» E. None of these | |
| 1823. |
Notice Money is a money lend for a period of ? |
| A. | Between 2 and 14 days |
| B. | Exceeding 14 days |
| C. | 1 day |
| D. | 2 days |
| E. | 4 days |
| Answer» B. Exceeding 14 days | |
| 1824. |
Under which of the following methods ofdepreciation, amount of depreciation varies every year? |
| A. | Written Down Value Method |
| B. | Straight Line Method |
| C. | Amount of depreciation does not very on year to year basis |
| D. | All of the above |
| E. | None of the above |
| Answer» B. Straight Line Method | |
| 1825. |
Foreign exchange Reserves in India are kept in the custody of . |
| A. | Finance Ministry |
| B. | SEBI |
| C. | Overseas Ministry |
| D. | Reserve Bank of India |
| E. | Govt. of India |
| Answer» E. Govt. of India | |
| 1826. |
According to RBI guidelines the term ‗bulk deposit‘ is used for single rupee term deposit of |
| A. | Rs. 1 crore and above |
| B. | Rs, 25 lakh and above |
| C. | Rs, 75 lakh and above |
| D. | Rs, 50 lakh and above |
| E. | Rs, 15 lakh and above |
| Answer» B. Rs, 25 lakh and above | |
| 1827. |
RBI stipulates a healthy mix of CASA in the business figures of banks. What is CASA? |
| A. | Current Account and saving Account |
| B. | Credit and savings Aggregate |
| C. | Customer Analysis and Savings Pattern |
| D. | Cost Appreciation and selling Analysis |
| E. | None of these |
| Answer» B. Credit and savings Aggregate | |
| 1828. |
Which of the following organizations providesBuffer Stock Financing Facility? |
| A. | Reserve Bank of India |
| B. | Asian Development Bank |
| C. | International Monetary Fund |
| D. | World Bank |
| E. | Federal Reserve Bank |
| Answer» D. World Bank | |
| 1829. |
―Plastic Money‖ denotes ? |
| A. | Bearer cheque |
| B. | Credit card |
| C. | Demand Draft |
| D. | Traveller’s cheque |
| E. | Gift cheque |
| Answer» C. Demand Draft | |
| 1830. |
Who has been appointed as the new MD and CEO of Karnataka Bank Ltd? |
| A. | Mahabaleshwara Mavinakudige Subrahmanya |
| B. | Polali Jayarama Bhat |
| C. | Dr. Mukulita Vijayawargiya |
| D. | Mukta Dutta Tomar |
| E. | None of the above |
| Answer» B. Polali Jayarama Bhat | |
| 1831. |
What is the expanded form of ECS as used inbanking sector? |
| A. | Effective Clearing System |
| B. | Electronic Confirmation System |
| C. | Electronic Clearing Service |
| D. | Enabled Clearing System |
| E. | None of these |
| Answer» D. Enabled Clearing System | |
| 1832. |
Banking Regulation Act, 1949, does not at all apply to |
| A. | nationalized banks |
| B. | State bank of India and its subsidiaries |
| C. | foreign banks having branches in India |
| D. | Primary agricultural credit societies and cooperative land mortgage banks |
| E. | None of the above |
| Answer» E. None of the above | |
| 1833. |
To restrict expansion of credit, the Reserve Bank |
| A. | raises the bank rate |
| B. | reduces the bank rate |
| C. | freezes the bank rate |
| D. | none of these |
| E. | all of these |
| Answer» B. reduces the bank rate | |
| 1834. |
Which of the following entities are applicable for the new listing obligations and disclosure requirements of SEBI regulations, 2014? |
| A. | Listing of debentures |
| B. | Listing of bonds |
| C. | All listed companies |
| D. | All the above |
| E. | None of these |
| Answer» E. None of these | |
| 1835. |
In India, Infrastructure Debt Fund can be established as a Trust or a company. Which of the following regulated the Infrastructure Debt Fund set up as a trust? |
| A. | SEBI |
| B. | RBI |
| C. | IRDA |
| D. | Ministry of Corporate Affairs |
| E. | IRDA |
| Answer» B. RBI | |
| 1836. |
The headquarters of Investment Information& Credit Rating Agency(ICRA) Limited is located in |
| A. | Mumbai |
| B. | New Delhi |
| C. | Noida |
| D. | Gurugram |
| E. | Hyderabad |
| Answer» E. Hyderabad | |
| 1837. |
Government of India to issue a notificationbody to pay interest on inoperative PF accounts |
| A. | 5.4% |
| B. | 6.5% |
| C. | 7.7% |
| D. | 8.8% |
| E. | None of these |
| Answer» E. None of these | |
| 1838. |
Which state is called the ‗Cradle of Banking‘ in India, as seven leading banks of India have originated from this state? |
| A. | Gujarat |
| B. | Karnataka |
| C. | Maharashtra |
| D. | West Bengal |
| E. | None of these |
| Answer» C. Maharashtra | |
| 1839. |
The largest number of commercial banks offices are located in?84). What is the purpose of KYC in banking? |
| A. | It is used for customer identification |
| B. | It is used for increasing the CRR of banks |
| C. | It is used against money laundering |
| D. | It is used by the central bank to control liquidity |
| E. | Both (a) and (c) |
| Answer» F. | |
| 1840. |
The term ―Bancassurance‖ means _? |
| A. | Assurance of quality services by the Bank |
| B. | Selling of Insurance products by Banks |
| C. | Selling of Third party Mutual Funds Products |
| D. | Selling of Add-on Banking Services |
| E. | Selling of Credit Cards |
| Answer» C. Selling of Third party Mutual Funds Products | |
| 1841. |
Which among the following does the RBI not decide? |
| A. | SLR |
| B. | CRR |
| C. | Bank Rate |
| D. | Base Rate |
| E. | None of these |
| Answer» E. None of these | |
| 1842. |
Urjit Patel recently (September 2016) assumed charge as the Governor of Reserve Bank of India. He is the Governor of Reserve Bank of India. |
| A. | 25th |
| B. | 23rd |
| C. | 21st |
| D. | 20th |
| E. | 24th |
| Answer» F. | |
| 1843. |
Corporation Bank is a public sector banking company headquartered in..........? |
| A. | Kolkata |
| B. | Chennai |
| C. | Bengaluru |
| D. | Mangalore |
| E. | Mumbai |
| Answer» E. Mumbai | |
| 1844. |
What is the minimum period of maturityprescribed for Commercial Paper (CP)? |
| A. | 17 Months |
| B. | 14 Days |
| C. | 01 Year |
| D. | 07 days |
| E. | 05 years |
| Answer» E. 05 years | |
| 1845. |
BCSBI is governed by a governing Council including one Chairman. |
| A. | six-member |
| B. | Four-member |
| C. | Five-member |
| D. | Three-member |
| E. | None of the Above |
| Answer» B. Four-member | |
| 1846. |
For using the safe deposit locker facilities, bankcustomers pay . |
| A. | Commission of locker |
| B. | Interest on locker |
| C. | Rent on locker |
| D. | Exchange on locker |
| E. | Safe custody charges |
| Answer» D. Exchange on locker | |
| 1847. |
What does ―I‖ stand for in ULIP? |
| A. | Investment |
| B. | Inflation |
| C. | Insurance |
| D. | Instrument |
| E. | Index |
| Answer» D. Instrument | |
| 1848. |
United Bank of India Limited was formed in1950 with the amalgamation of: |
| A. | Comilla Banking Corporation Limited (1914) |
| B. | Begal Central Bank Limited (1918) |
| C. | Comilla Union Bank Limited (1922) |
| D. | Hooghly Bank Limited (1932) |
| E. | All of The Above |
| Answer» F. | |
| 1849. |
A mortgage involves: |
| A. | transfer of ownership |
| B. | transfer of possession |
| C. | transfer of interest |
| D. | All of the above |
| E. | None of the above |
| Answer» D. All of the above | |
| 1850. |
Syndicate Bank was established in in Udupi: |
| A. | 1926 |
| B. | 1900 |
| C. | 1925 |
| D. | 1924 |
| E. | None of These |
| Answer» D. 1924 | |