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.
| 2001. |
Expand the term LIBOR as used in financialbanking sectors? |
| A. | Local Indian Bank Offered Rate |
| B. | London-India Bureau Of Regulations |
| C. | Liberal International Bank Official Ratio |
| D. | London Inter Bank Offered Rate |
| E. | None of these |
| Answer» E. None of these | |
| 2002. |
Who is the minister of "Urban Development Housing & Urban Poverty Alleviation" ? |
| A. | Rao Inderjit Singh |
| B. | Bandaru Dattatreya |
| C. | Rajiv Pratap Rudy |
| D. | Vijay Goel |
| E. | Shripad Yesso Naik |
| Answer» B. Bandaru Dattatreya | |
| 2003. |
The is the apex organization in the Indian money market? |
| A. | SBI |
| B. | RBI |
| C. | ICICI |
| D. | IDBI |
| E. | None of these |
| Answer» C. ICICI | |
| 2004. |
―We understand your world‖ is the tagline of |
| A. | Federal Bank |
| B. | Yes Bank |
| C. | HDFC Bank |
| D. | Karur Vysya Bank |
| E. | None of these |
| Answer» D. Karur Vysya Bank | |
| 2005. |
MUDRA Bank as a wholly owned subsidiary of which institutions? |
| A. | Non-Banking Financial Companies (NBFCs) |
| B. | Commercial Banks |
| C. | Micro Finance Institutions (MFIs) |
| D. | Small Industries Development Bank of India (SIDBI) |
| E. | None of the above |
| Answer» E. None of the above | |
| 2006. |
Which among the following bank has offered the best interest on saving accounts in India by Jan 2015? |
| A. | Yes bank |
| B. | Kotatk Mahindra Bank |
| C. | IndusInd Bank |
| D. | Lakshmi Vilas Bank |
| E. | None of these |
| Answer» B. Kotatk Mahindra Bank | |
| 2007. |
Which of the following would fall under the category of retail banking? |
| A. | Home Loans |
| B. | Credit Cards |
| C. | Personal Loans |
| D. | Car Loans |
| E. | All of these |
| Answer» F. | |
| 2008. |
On the basis of which commission was RBI established? |
| A. | Hilton Young Commission |
| B. | Federal Commission |
| C. | Federation Commission |
| D. | British Commission |
| E. | None of these |
| Answer» B. Federal Commission | |
| 2009. |
Under which of the following type of account is a specified amount deposited every month for a specified period, says, 12, 24, 36 and 60 months? |
| A. | Fixed Deposit Account |
| B. | Saving Bank Account |
| C. | Current account |
| D. | Recurring Account |
| E. | None of these |
| Answer» E. None of these | |
| 2010. |
Expand FIPP – |
| A. | Foreign Investment Promotion Brochure |
| B. | Foreign Investment Production Board |
| C. | Foreign Investment Promotion Board |
| D. | Foreign Direct Investment Promotion Board |
| E. | None of these |
| Answer» D. Foreign Direct Investment Promotion Board | |
| 2011. |
Rise in inflation rate leads to decline in ? |
| A. | Interest rate |
| B. | Raise in the deposits in the banks |
| C. | Decrease the real interest rate |
| D. | Raise the credit growth by banks |
| E. | None of the above |
| Answer» D. Raise the credit growth by banks | |
| 2012. |
Disha Microfin and , will merge expecting the combination to help them launch a stronger small finance bank. |
| A. | Muthoot Finance |
| B. | Bajaj Finance |
| C. | Future Financial Services |
| D. | All of the above |
| E. | None of these |
| Answer» D. All of the above | |
| 2013. |
The Reserve Bank of India imposed fine onwhich of the following private sector banks for violation of KYC (Know Your Customer) norms in June 2013? |
| A. | Axis Bank |
| B. | HDFC Bank |
| C. | ICICI Bank |
| D. | Both 1 and 2 |
| E. | All 1, 2 and 3 |
| Answer» F. | |
| 2014. |
Who regulates chit funds in India? |
| A. | Government of India |
| B. | State Governments |
| C. | Not regulated at all |
| D. | Concerned Districts |
| E. | None of these |
| Answer» C. Not regulated at all | |
| 2015. |
Which type of risk arises before a bank that trades in government securities? |
| A. | Liquidity risk |
| B. | Market risk |
| C. | Credit risk |
| D. | Trade risk |
| E. | None of the above |
| Answer» C. Credit risk | |
| 2016. |
Flipkart-owned mobile payments startup PhonePe has launched unified payments interface (UPI) based, payments app for which it has partnered with |
| A. | Yes Bank |
| B. | Federal Bank |
| C. | HDFC Bank |
| D. | ICICI Bank |
| E. | IDFC Bank |
| Answer» B. Federal Bank | |
| 2017. |
Ashok Kumar Pradhan, chief General Manager at state bank of Bihar & Jaipur, has been appointed as executive Director at |
| A. | United Bank of India |
| B. | Union Bank of India |
| C. | Allahabad Bank |
| D. | Bank of Maharashtra |
| E. | Punjab National Bank |
| Answer» B. Union Bank of India | |
| 2018. |
Service Area Approach (SAA) is associated With? |
| A. | Development banks |
| B. | Branches of commercial banks situated in metro cities |
| C. | Urban branches of commercial banks |
| D. | Rural and Semi-urban branches of commercial banks |
| E. | None of these |
| Answer» E. None of these | |
| 2019. |
Travellers Cheque is . |
| A. | A supplementary credit card |
| B. | A cheque issued by a bank or finance institution which functions as capital |
| C. | A certificate issued by a bank or finance institution in lieu of cash |
| D. | A cheque issued by a bank or finance institution which functions as a bond |
| E. | A prepaid instrument issued by a bank or financial institutions which can be substitute of cash |
| Answer» F. | |
| 2020. |
Goods and Service Tax, would replace which of the following taxes levied at present? |
| A. | Capital gains tax |
| B. | Corporate tax |
| C. | Value added tax |
| D. | Income tax |
| E. | None of these |
| Answer» D. Income tax | |
| 2021. |
The term is defined as a central location for keeping securities on deposit? |
| A. | Depository |
| B. | Instrument |
| C. | Institutions |
| D. | Cannot be determined |
| E. | None of the above |
| Answer» B. Instrument | |
| 2022. |
Through which of the following sources domestic funds are raised by companies? |
| A. | IPO only |
| B. | FPO only |
| C. | Commercial papers only |
| D. | Both IPO and FPO |
| E. | All IPO, FPO and commercial papers |
| Answer» B. FPO only | |
| 2023. |
FCNR (banks) accounts are maintained in the form of |
| A. | saving accounts |
| B. | Current accounts |
| C. | Term deposits (except recurring deposits) |
| D. | all |
| E. | none |
| Answer» D. all | |
| 2024. |
State Bank of India's new floating rate of deposit is directly linked to? |
| A. | Base Rate |
| B. | BPLR |
| C. | Bank Rate |
| D. | Inflation Rate |
| E. | CRR |
| Answer» B. BPLR | |
| 2025. |
When the rate of inflation increases . |
| A. | Value of money increases |
| B. | Purchasing power of money decreases |
| C. | Purchase power of money increases |
| D. | Purchasing power of money remains unaffected |
| E. | Amount of money in circulation decreases |
| Answer» C. Purchase power of money increases | |
| 2026. |
Interest payable on savings bank accounts is- |
| A. | decided by banks without following any conditions by RBI. |
| B. | not regulated by RBI. |
| C. | regulated by central government. |
| D. | decided by banks following the guidelines of RBI |
| E. | None of these |
| Answer» E. None of these | |
| 2027. |
The headquarters of SIDBI is in- |
| A. | Lucknow |
| B. | New Delhi |
| C. | Mumbai |
| D. | Kolkata |
| E. | None of these |
| Answer» B. New Delhi | |
| 2028. |
According to the Sarraya Committee, averagemembership of the society‟s is . |
| A. | 19 |
| B. | 48 |
| C. | 25 |
| D. | 32 |
| E. | 45 |
| Answer» E. 45 | |
| 2029. |
The government formed the panel after many ex-servicemen returned their medals to protestthe rejection of their ‗one rank one pension‘ demand. Who is heading this panel? |
| A. | K.M. Chandrasekhar |
| B. | R Balakrishanan |
| C. | B S Padmanabham |
| D. | T. Raja Shekhar |
| E. | R Balu |
| Answer» B. R Balakrishanan | |
| 2030. |
Which of the following bank headquarters located in Pune? |
| A. | Bank of Maharashtra |
| B. | Allahabad Bank |
| C. | Dena Bank |
| D. | Central Bank of India |
| E. | None of these |
| Answer» B. Allahabad Bank | |
| 2031. |
The safest form of crossing is |
| A. | Special crossing |
| B. | Account payee crossing |
| C. | Double crossing |
| D. | General crossing |
| E. | None of these |
| Answer» C. Double crossing | |
| 2032. |
Minimum cash reserves fixed by law constitute |
| A. | A percentage of aggregate deposits of the bank |
| B. | A percentage of aggregate loans and advances of the bank |
| C. | A percentage of capital & reserves of the bank |
| D. | All of the above |
| E. | None of these |
| Answer» B. A percentage of aggregate loans and advances of the bank | |
| 2033. |
Which among the following committeeconstituted on Payment Banks license? |
| A. | Dr. Nachiket Mor |
| B. | Deepak Mohanty |
| C. | A C Shan |
| D. | B D Thakar |
| E. | None of these |
| Answer» B. Deepak Mohanty | |
| 2034. |
In which year, Nationalization of SBI Subsidiaries took place? |
| A. | 1955 |
| B. | 1966 |
| C. | 1959 |
| D. | 1969 |
| E. | None of these |
| Answer» D. 1969 | |
| 2035. |
The excess of total expenditures over total receipts is known as: |
| A. | Fiscal Deficit |
| B. | Revenue Deficit |
| C. | Budget Deficit |
| D. | Both b) and c) |
| E. | None of These |
| Answer» D. Both b) and c) | |
| 2036. |
A leading bank in India has recently (July 2016) launched a social media, banking platform for its facebook and twitter users which goes by the name of `Mingle'. Name the Bank. |
| A. | Punjab National Bank |
| B. | Yes Bank |
| C. | State Bank of India |
| D. | Bank of Baorda |
| E. | ICICI Bank |
| Answer» D. Bank of Baorda | |
| 2037. |
Which of the following organization/agencies hassought an emergency fund of Rs. 1000 crore from banks to tackle acute liquidity crisis, which is coming in the way to give loans to micro borrowers? |
| A. | Micro Finance Institutions |
| B. | Regional Rural & Cooperative Banks |
| C. | RBI |
| D. | NABARD |
| E. | None of these |
| Answer» E. None of these | |
| 2038. |
Capital adequacy is worked out based on? |
| A. | Total demand and time liabilities |
| B. | Net demand and time assets |
| C. | Risk weighted assets |
| D. | Risk weighted liabilities |
| E. | None of the above |
| Answer» D. Risk weighted liabilities | |
| 2039. |
Which of the following is not considered a money market instrument? |
| A. | Treasury bills |
| B. | Repurchase Agreement |
| C. | Commercial Paper |
| D. | Certificate of deposit |
| E. | Shares and bonds |
| Answer» F. | |
| 2040. |
The industries securities market refers to the market which deals in: |
| A. | Equities |
| B. | Debentures |
| C. | Treasury bills |
| D. | Commercial paper |
| E. | Only (a) and (b) as above |
| Answer» F. | |
| 2041. |
How many parties primarily involved in a Promissory Note? |
| A. | Two |
| B. | Three |
| C. | Four |
| D. | Five |
| E. | Six |
| Answer» B. Three | |
| 2042. |
Which of the following is NOT comes under the functions of Banks? |
| A. | Accept demand and time deposits from the public |
| B. | Accept items for keeping in safe custody |
| C. | Sell gold coins |
| D. | Buy commodities for trading |
| E. | Accept foreign currency for selling to money changers |
| Answer» E. Accept foreign currency for selling to money changers | |
| 2043. |
Where are the headquarter of National Housing Bank (NHB)? |
| A. | New Delhi |
| B. | Mumbai |
| C. | Pune |
| D. | Lucknow |
| E. | Bangalore |
| Answer» B. Mumbai | |
| 2044. |
FINO stands for . |
| A. | Financial Investment Network and Operations |
| B. | Farmers Investment in National Organization |
| C. | Farmers Inclusion News and Operations |
| D. | Financial Inclusion Network and Operations |
| E. | None of these |
| Answer» E. None of these | |
| 2045. |
The minimum acceptable amount under the Scheme of Certificate of eposit is ? |
| A. | Rs. 1 lakhs |
| B. | Rs. 25 lakhs |
| C. | Rs. 20 lakhs |
| D. | Rs. 25 lakhs |
| E. | None of the above |
| Answer» B. Rs. 25 lakhs | |
| 2046. |
The sheet of record which contains all monetary transaction between an country and the rest of the world is called – |
| A. | Balance of trade |
| B. | Balance of Payment |
| C. | Balance sheet |
| D. | Export-Import Data |
| E. | None of these |
| Answer» C. Balance sheet | |
| 2047. |
The credit policy of a bank does not consists of? |
| A. | Quality control |
| B. | Advertising of loan products |
| C. | Loan product mix |
| D. | Lending policies |
| E. | None of these |
| Answer» C. Loan product mix | |
| 2048. |
from the following in which bank no personcan open his account? |
| A. | Cooperative Bw1ank |
| B. | Rural Bank |
| C. | RBI |
| D. | Commercial Bank |
| E. | None of these |
| Answer» D. Commercial Bank | |
| 2049. |
Cash Reserve Ratio is maintained in the form of? |
| A. | Government Securities |
| B. | Balance with Reserve Bank of India |
| C. | Balance with State Bank of India |
| D. | All of the above |
| E. | None of the above |
| Answer» C. Balance with State Bank of India | |
| 2050. |
Which is the authority in India for effecting changes in the cash reserve ratio and statutory liquidity ratio? |
| A. | Government of India |
| B. | RBI |
| C. | Indian banks Association |
| D. | CRR and SLR association |
| E. | None of the above |
| Answer» C. Indian banks Association | |