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.
| 2051. |
Maximum age for retirement for MD/CEO of all private banks is |
| A. | 60 years |
| B. | 65 years |
| C. | 70 years |
| D. | 75 years |
| E. | None of these |
| Answer» D. 75 years | |
| 2052. |
India became the country in the worldto have a bank especially for women. |
| A. | 7 |
| B. | 6 |
| C. | 5 |
| D. | 3 |
| E. | None of these |
| Answer» E. None of these | |
| 2053. |
Telebanking service is based on . |
| A. | Virtual Banking |
| B. | Online Banking |
| C. | Core Banking |
| D. | Voice Banking |
| E. | None of these |
| Answer» E. None of these | |
| 2054. |
All the financial issues of agriculture are dealt by which Bank? |
| A. | Andhra Bank |
| B. | SBI |
| C. | RBI |
| D. | NABARD |
| E. | None of these |
| Answer» E. None of these | |
| 2055. |
Where is the central office of Asian Development Bank? |
| A. | Tokyo |
| B. | Manila |
| C. | London |
| D. | Dhaka |
| E. | None of these |
| Answer» C. London | |
| 2056. |
Large amounts of cheques are processed byusing |
| A. | OCR |
| B. | MICR |
| C. | OMR |
| D. | All of these |
| E. | None of these |
| Answer» C. OMR | |
| 2057. |
Banks in our country normally publicize additional interest rate is allowed on retail domestic term deposits of? |
| A. | Minors |
| B. | Married Women |
| C. | Senior citizens |
| D. | Government Employees |
| E. | Rural residents |
| Answer» D. Government Employees | |
| 2058. |
Who is the New CEO of Indian Bank? |
| A. | Kishore Kumar Kharat |
| B. | Mahesh Kumar Jain |
| C. | R. Koteeswaram |
| D. | Arundhati Bhattacharya |
| E. | Rakesh Sethi |
| Answer» B. Mahesh Kumar Jain | |
| 2059. |
The trading regulations of GATT were established between and : |
| A. | 1947 and 1994 |
| B. | 1947 and 1995 |
| C. | 1946 and 1996 |
| D. | 1947 and 1996 |
| E. | None of These |
| Answer» B. 1947 and 1995 | |
| 2060. |
KYC –Know Your Customer is to identify the Customer, whereas AML- Anti Money Laundering is to identify the Source of Income: |
| A. | False |
| B. | True |
| C. | True only in case of small amounts |
| D. | Not necessary in all cases |
| E. | Any of the above |
| Answer» C. True only in case of small amounts | |
| 2061. |
Name the person Currently who is the Governor of the RBI ? |
| A. | Bimal Jalan |
| B. | Y.V. Reddy |
| C. | Arun Jaitley |
| D. | Urjit R. Patel |
| E. | None of the above |
| Answer» E. None of the above | |
| 2062. |
Systematic investment Plans relates to: |
| A. | Mutual Funds |
| B. | Life Insurance Companies |
| C. | Commercial Banks |
| D. | Post office savings schemes |
| E. | None |
| Answer» B. Life Insurance Companies | |
| 2063. |
In a company the use of price sensitive corporate information by the Company – people to make gains or cover losses is known as? |
| A. | insider trading |
| B. | future trading |
| C. | foreign trading |
| D. | stock trading |
| E. | None of these |
| Answer» B. future trading | |
| 2064. |
―Banking for all‖ is the tagline of which Bank? |
| A. | State bank of India |
| B. | IDBI Bank |
| C. | HDFC Bank |
| D. | ICICI Bank |
| E. | None of these |
| Answer» C. HDFC Bank | |
| 2065. |
Forfaiter is |
| A. | an intermediary between an exporter and importer |
| B. | an intermediary between an exporter and bank |
| C. | an intermediary between an bank and importer |
| D. | a bank. |
| E. | None of these |
| Answer» B. an intermediary between an exporter and bank | |
| 2066. |
Caixa Bank has been headquartered in |
| A. | United Kingdom |
| B. | Spain |
| C. | Singapore |
| D. | South Africa |
| E. | None of these |
| Answer» C. Singapore | |
| 2067. |
Which of the following bank has recently launched a new home loan product ―Women Power‖ with a differential rate of interest exclusively for women customers? |
| A. | ICICI Bank |
| B. | HDFC Bank |
| C. | IDBI Bank |
| D. | SBI |
| E. | None of these |
| Answer» C. IDBI Bank | |
| 2068. |
What is true about 'white Card ": |
| A. | It is related to companies producing milk products |
| B. | It does not carry on its face, the brand of the issuer |
| C. | It is meant to covert money into the economy |
| D. | All of the above |
| E. | None of the above |
| Answer» C. It is meant to covert money into the economy | |
| 2069. |
Which bank has launched "travel card" for students joinnig abrod? |
| A. | ICICI |
| B. | HSBC |
| C. | SBI |
| D. | HDFC |
| E. | PNB |
| Answer» B. HSBC | |
| 2070. |
India Millennium deposit Scheme was introduced by . |
| A. | ICICI |
| B. | SBI |
| C. | Axis |
| D. | IOB |
| E. | None of these |
| Answer» C. Axis | |
| 2071. |
In India, the Chit funds are governed / regulated by . |
| A. | Local Bodies |
| B. | RBI |
| C. | Central Government |
| D. | State Government |
| E. | None of these |
| Answer» E. None of these | |
| 2072. |
The tax payers data flows directly from banksto Tax Information Network (TIN). Who maintains TIN? |
| A. | RBI |
| B. | National Securities Depository Ltd. |
| C. | National Securities Defense Ltd. |
| D. | Enforcement Directorate |
| E. | None of these |
| Answer» C. National Securities Defense Ltd. | |
| 2073. |
Which among the following does not decided the RBI? |
| A. | CAR |
| B. | CRR |
| C. | Base Rate |
| D. | Bank Rate |
| E. | Repo Rate |
| Answer» D. Bank Rate | |
| 2074. |
Expand NPD? |
| A. | Net Primary Deficit |
| B. | Non Primary Deficit |
| C. | Non Performing Deficit |
| D. | Net Present Deficit |
| E. | None of these |
| Answer» B. Non Primary Deficit | |
| 2075. |
Which bank became the first bank to open its branch in china?1134). The Definition of ‗Banking‘ is given in |
| A. | Negotiable Instrument Act, 1881 |
| B. | RBI Act, 1934 |
| C. | The Banking Regulation Act, 1949 |
| D. | Indian Contract Act, 1872 |
| E. | None of the Above |
| Answer» D. Indian Contract Act, 1872 | |
| 2076. |
Which of the following is the biggest borrower in India? |
| A. | Government of India |
| B. | Reserve bank of India |
| C. | State Government |
| D. | Indian Railways |
| E. | Public Sector Undertakings |
| Answer» B. Reserve bank of India | |
| 2077. |
On a Cheque instead of two parallel lines only bank‘s name is written is known as |
| A. | Payable to bearer |
| B. | General Crossing |
| C. | Special Crossing |
| D. | Both (b) and (c) |
| E. | None of the Above |
| Answer» D. Both (b) and (c) | |
| 2078. |
Who covered the Export Credit Packing Advance sanctioned to SSI exporters under the credit guarantee scheme? |
| A. | DICGC |
| B. | ECGC |
| C. | DRI |
| D. | GIC |
| E. | None of the above |
| Answer» C. DRI | |
| 2079. |
Monetary Policy of RBI Does not ? |
| A. | Control the supply of Money |
| B. | Reduction of taxes |
| C. | Fixation of rate of interest (least in some categories) |
| D. | Fixation of Repo rate and Reverse Repo rate |
| E. | Fixation of Cash |
| Answer» C. Fixation of rate of interest (least in some categories) | |
| 2080. |
The govt. of India replaced the FERA by……….? |
| A. | FEMA |
| B. | FRBMA |
| C. | Monopolies Act |
| D. | FRTP |
| E. | None of these |
| Answer» B. FRBMA | |
| 2081. |
Loans of very small amounts given to low income groups is called |
| A. | Cash credit |
| B. | Micro credit |
| C. | Simple overdraft |
| D. | No frills loans |
| E. | Rural credit |
| Answer» C. Simple overdraft | |
| 2082. |
Which among the following is correct aboutslogans of different banks: |
| A. | State Bank of Travancore - A Long Tradition of Trust |
| B. | Syndicate Bank - Your Faithful and Friendly Financial Partner |
| C. | UCO Bank - Honours Your Trust |
| D. | All of The Above |
| E. | None of The Above |
| Answer» E. None of The Above | |
| 2083. |
KYC guidelines followed by the Banks have been framed on the recommendations the . |
| A. | Ministry of Home Affairs |
| B. | Ministry of Rural Development |
| C. | Indian Banks Association |
| D. | Financial Intelligence Unit |
| E. | Reserve Bank of India |
| Answer» F. | |
| 2084. |
Fixed deposits and recurring deposits are? |
| A. | Repayable after an agreed period |
| B. | Repayable on demand |
| C. | Not repayable |
| D. | Repayable after death of depositors |
| E. | Repayable on demand or after an agreed period as per bank’s choice |
| Answer» B. Repayable on demand | |
| 2085. |
Which of the following is Annuity ServiceProvider? |
| A. | Life Insurance Companies |
| B. | Public Sector Banks |
| C. | Private Sector Banks |
| D. | NBFCs |
| E. | None of these |
| Answer» B. Public Sector Banks | |
| 2086. |
Identify the Basel III norms from following that, recently RBI has extended the timeline for implementation for banks in India _. |
| A. | Minimum regulatory capital requirement |
| B. | Market discipline |
| C. | Holding the minimum capital to risk weighted assets ratio to 10.25% |
| D. | Leverage ratio to 3% |
| E. | All the above |
| Answer» F. | |
| 2087. |
Which amongst the following is called as mother of deposits? |
| A. | Current account |
| B. | fixed deposit |
| C. | recurring deposit |
| D. | savings bank |
| E. | reinvestment deposit |
| Answer» E. reinvestment deposit | |
| 2088. |
Largest shareholder of a nationalized bankis:- |
| A. | RBI |
| B. | NABARD |
| C. | Govt. of India |
| D. | ministry of finance |
| E. | none of these |
| Answer» D. ministry of finance | |
| 2089. |
Who is the winner of Tour De France 2015 ? |
| A. | Alejandro Belmonte (Spain) |
| B. | Chris Froome (Kenyan born British) |
| C. | Vincenzo Nibali (Italy) |
| D. | Fabian Cancellara (Switzerland) |
| E. | None of these |
| Answer» C. Vincenzo Nibali (Italy) | |
| 2090. |
Which of the following is a financial ratio that gives a measure of a company‘s ability to meet its financial losses? |
| A. | Cash Reverse Ratio |
| B. | Leverage Ratio |
| C. | Statutory Liquidity Ratio |
| D. | Loan-to-Value Ratio |
| E. | None of these |
| Answer» C. Statutory Liquidity Ratio | |
| 2091. |
Working capital requirement depends upon ? |
| A. | Level of activity |
| B. | Nature of Production cycle |
| C. | Types of business carried |
| D. | All the above |
| E. | None |
| Answer» E. None | |
| 2092. |
When was the Imperial Bank of India nationalised? |
| A. | 1948 |
| B. | 1950 |
| C. | 1955 |
| D. | 1969 |
| E. | 1957 |
| Answer» D. 1969 | |
| 2093. |
How many sub-categories are classified underAgriculture sector? |
| A. | Four |
| B. | Five |
| C. | Six |
| D. | Three |
| E. | None |
| Answer» E. None | |
| 2094. |
The name of the currency in Dubai and the United Arab Emirates is |
| A. | US Dollar |
| B. | Dinar |
| C. | Euro |
| D. | Dirham |
| E. | None of these |
| Answer» E. None of these | |
| 2095. |
“Micro Credits‖ are loans: |
| A. | granted to distressed persons (other than farmers) to pre-pay their debt to non-institutional lenders against appropriate collateral or group security |
| B. | not exceeding Rs. 50,000 per borrower provided by banks |
| C. | both (a) and (b) |
| D. | None of the above |
| E. | Cannot be determined |
| Answer» D. None of the above | |
| 2096. |
‗MAT‘ is an acronym which stands for- |
| A. | Maximum Alternate Tax |
| B. | Minimum Alternate Tax |
| C. | Minimum Affordable Tax |
| D. | Maximum Affordable Tax |
| E. | None of the above |
| Answer» C. Minimum Affordable Tax | |
| 2097. |
MICR code is used for . |
| A. | For Code Banking Solution |
| B. | For Electronic Funds Transfer |
| C. | For Electronic Clearance of Cheques |
| D. | For Cheque Truncation Services |
| E. | None of these |
| Answer» D. For Cheque Truncation Services | |
| 2098. |
In respect of partnership business, LLP stands for ? |
| A. | Limited Liability Partnership |
| B. | Limited Loan Partnership |
| C. | Local Labour Promotion |
| D. | Low Labour Projects |
| E. | None of these |
| Answer» B. Limited Loan Partnership | |
| 2099. |
The following are main objectives of the SEBI |
| A. | to protect interest of investors |
| B. | to promote the development of security market |
| C. | to regulate the security market |
| D. | all of the above |
| E. | none of the above |
| Answer» E. none of the above | |
| 2100. |
The relationship between RBI and the Bankmaintaining the currency chest is that of? |
| A. | Creditor and Debtor |
| B. | Bailor and Bailee |
| C. | Principal and Agent |
| D. | Debtor and Creditor |
| E. | None of these |
| Answer» D. Debtor and Creditor | |