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.
| 2251. |
Government of India, for the first time nationalized 14 large commercial banks in the year |
| A. | 1956 |
| B. | 1959 |
| C. | 1969 |
| D. | 1972 |
| E. | None of these |
| Answer» D. 1972 | |
| 2252. |
The USP of a Current account is? |
| A. | High minimum balance |
| B. | No restrictions on transactions |
| C. | No interest payable |
| D. | Restricted deposits |
| E. | None of these |
| Answer» C. No interest payable | |
| 2253. |
The CRR and SLR maintenance is on the |
| A. | NDTL |
| B. | DTL |
| C. | Total Deposits |
| D. | CASA |
| E. | None of these |
| Answer» B. DTL | |
| 2254. |
The object of introducing base rate by RBIis (A) Enhancing transparency in lending rates of (B) Enabling better assessment of transmission of monetary (C) Keeping interest rates low |
| A. | A and B |
| B. | Only C |
| C. | Only B |
| D. | All of above |
| E. | None of these |
| Answer» B. Only C | |
| 2255. |
The currency notes issued by Reserve Bank ofIndia are under the signature of ? |
| A. | President of India |
| B. | Dy. Governor |
| C. | Governor |
| D. | Secretary, Finance Ministry |
| E. | None of the above |
| Answer» D. Secretary, Finance Ministry | |
| 2256. |
Financial inclusion means provision of ? |
| A. | Financial services namely payments, remittances, savings, loans and insurance at affordable cost to persons not yet given the bank |
| B. | Ration at affordable cost to persons not yet given the same |
| C. | House at affordable cost to persons not yet given the same |
| D. | Food at affordable cost to persons not yet given same |
| E. | Education at affordable cost to persons not yet given the same |
| Answer» B. Ration at affordable cost to persons not yet given the same | |
| 2257. |
Which Bank has launched India‘s first internationally-listed certified green bond to finance climate change solutions around the world at London Stock Exchange (LSE)? |
| A. | State Bank of India |
| B. | Axis Bank |
| C. | HDFC Bank |
| D. | ICICI Bank |
| E. | None of these |
| Answer» C. HDFC Bank | |
| 2258. |
NEFT means? |
| A. | National Electronic Funds Transfer |
| B. | Negotiated Efficient Fund Transfer system |
| C. | National Efficient Fund Transfer solution |
| D. | Non Effective Fund Transfer system |
| E. | Negotiated Electronic Foreign Transfer system. |
| Answer» B. Negotiated Efficient Fund Transfer system | |
| 2259. |
referring to the purchase of assets in the rest of the world, which allows control over that assets. |
| A. | Commercial Borrowings |
| B. | Foreign Indirect Investment |
| C. | Portfolio Investment |
| D. | Foreign Direct Investment |
| E. | None of these |
| Answer» E. None of these | |
| 2260. |
Regional rural banks are managed by ? |
| A. | The Central Government |
| B. | Sponsored Bank |
| C. | The State Government |
| D. | All of the above |
| E. | None of the above |
| Answer» E. None of the above | |
| 2261. |
Which of the following banks has opened the country‘s first ―Cash Factory‖ in Lucknow which will issue currency notes to all its branches and ATM in the area? |
| A. | Bank of India |
| B. | Bank of Baroda |
| C. | State Bank of India |
| D. | Union Bank of India |
| E. | None of these |
| Answer» D. Union Bank of India | |
| 2262. |
What is the ―USP‖ in a Savings Bank account of a Bank over another Bank? |
| A. | Higher rate of interest |
| B. | Low risk transaction |
| C. | Banking channels and branches |
| D. | Easy to operate |
| E. | None of the Above |
| Answer» B. Low risk transaction | |
| 2263. |
Which of the following state is known ―Cradle of Indian Banking‖? |
| A. | Kerala |
| B. | Maharashtra |
| C. | Tamil Nadu |
| D. | Karnataka |
| E. | Uttar Pradesh |
| Answer» E. Uttar Pradesh | |
| 2264. |
Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF? |
| A. | Liquidity Adjustment Facility. |
| B. | Legal Adjustment Facility |
| C. | Long-term Achievement Facility |
| D. | Legal Adjustment Formality |
| E. | None of these |
| Answer» B. Legal Adjustment Facility | |
| 2265. |
The soon to be set up proposed Micro Units Development Refinance Agency (Mudra) Bank will be first set up as a subsidiary of the |
| A. | NABARD |
| B. | SBI |
| C. | EXIM bank |
| D. | SIDBI |
| E. | Other than those given as options |
| Answer» E. Other than those given as options | |
| 2266. |
What is ―Stagflation‖? |
| A. | inflation with growth |
| B. | deflation with growth |
| C. | inflation after deflations |
| D. | inflation with depression |
| E. | None of the above |
| Answer» D. inflation with depression | |
| 2267. |
In EDLI, what is the meaning of L? |
| A. | Limit |
| B. | Linked |
| C. | Lower |
| D. | Listed |
| E. | Loan |
| Answer» C. Lower | |
| 2268. |
The BASE III banking rules is a global, voluntary regulatory framework on bank capital adequacy, stress testing and marketing liquidity risk. It will fully kick in by . |
| A. | March 2017 |
| B. | June 2017 |
| C. | Sep 2018 |
| D. | March 2019 |
| E. | June 2019 |
| Answer» E. June 2019 | |
| 2269. |
Vijaya Bank is a sized Public Sector Bank with presence across India: |
| A. | Medium Sized |
| B. | Large Sized |
| C. | Small Sized |
| D. | None of The Above |
| E. | None of These |
| Answer» B. Large Sized | |
| 2270. |
Which of the following set up core banking infrastructure for rural banks? |
| A. | RBI |
| B. | NABARD |
| C. | IDBI |
| D. | NHB |
| E. | SEBI |
| Answer» C. IDBI | |
| 2271. |
is the percentage of total deposits of a bank which it has to keep with itself in the form ofliquid assets. |
| A. | Statutory Liquidity Ratio (SLR) |
| B. | Cash Reserve Ratio (CRR) |
| C. | Statutory Reserve Ratio |
| D. | Cash Ratio |
| E. | None of these |
| Answer» B. Cash Reserve Ratio (CRR) | |
| 2272. |
Insurances service provided by various bank is commonly known as: |
| A. | Investment banking |
| B. | Portfolio management |
| C. | Merchant banking |
| D. | Banc assurance |
| E. | None of these |
| Answer» E. None of these | |
| 2273. |
Domestic Systematically Important Banks (D-SIBs) is announced with the term . |
| A. | Too big to fail |
| B. | Too big to fall |
| C. | Too big to pass |
| D. | Too big to die |
| E. | Too big to stop working |
| Answer» B. Too big to fall | |
| 2274. |
What is the limitation period for filing a case in a Consumer court? |
| A. | Two years from the date of cause of action |
| B. | Two years from the date purchase of good or service |
| C. | Three year from the date of cause of action |
| D. | One month from the date of purchase |
| E. | None of these |
| Answer» B. Two years from the date purchase of good or service | |
| 2275. |
CRISIL has been promoted by and ? |
| A. | ICICI, UTI |
| B. | IDBI, SBI |
| C. | AXIS, UTI |
| D. | PNB, SBI |
| E. | None of these |
| Answer» B. IDBI, SBI | |
| 2276. |
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 the above |
| Answer» E. None of the above | |
| 2277. |
Which private sector bank is recently merged with Kotak Mahindra Bank (KMB)? |
| A. | ING Vysya Bank |
| B. | Karur Vysya Bank |
| C. | Lakshmi Vilas Bank |
| D. | Jammu and Kashmir Bank |
| E. | Other than the given options |
| Answer» B. Karur Vysya Bank | |
| 2278. |
Which of the following groups suffer the mostfrom inflation |
| A. | Debtors |
| B. | Creditors |
| C. | Business class |
| D. | Holders of real assets |
| E. | None of these |
| Answer» C. Business class | |
| 2279. |
SEBI is related to . |
| A. | Bank |
| B. | Government of India |
| C. | Share Market |
| D. | State Government |
| E. | None of the above |
| Answer» D. State Government | |
| 2280. |
Consider these Statement I – Other than Rs. 1000 note, the security threads of the banknotes contain the word ‗Bharat‘ in Devanagari script and ‗RBI‘ alternatively.Statement II – In Rs. 1000 note, the security contains the word ‗Bharat‘ in Devanagari ‗1000‘, and ‗RBI‖. |
| A. | Both are false. |
| B. | Both are true. |
| C. | Statement I is true but II is false. |
| D. | Statement I is false but II is true. |
| E. | None of these |
| Answer» C. Statement I is true but II is false. | |
| 2281. |
High powered money is:- |
| A. | bank's reserves at central bank |
| B. | all loans and advances of banks. |
| C. | money held by banks. |
| D. | currency held by public and reserves with the central bank. |
| E. | None of these |
| Answer» B. all loans and advances of banks. | |
| 2282. |
What does cheap rate imply? |
| A. | Interest are very high |
| B. | Interest rate are very low |
| C. | Interest are medium |
| D. | All of the above |
| E. | None of these |
| Answer» C. Interest are medium | |
| 2283. |
Medium-term industrial finance refers to thefunds required for a period of one year to |
| A. | 6 years |
| B. | 2 years |
| C. | 3 years |
| D. | 4 years |
| E. | 5 years |
| Answer» F. | |
| 2284. |
A fixed deposit receipt is kept with the bank for its safety, is known as ? |
| A. | Safe custody |
| B. | Safe deposit |
| C. | Locker |
| D. | Valid safe deposit |
| E. | None of these |
| Answer» B. Safe deposit | |
| 2285. |
Which report is published by World Bank every year? |
| A. | Human development report |
| B. | World development report |
| C. | International finance and development report |
| D. | World trade development report. |
| E. | None of these |
| Answer» C. International finance and development report | |
| 2286. |
Which of the following committees has givenits recommendations on ‗Financial Inclusion‘? |
| A. | Rakesh Mohan Committee |
| B. | Rangrajan Committee |
| C. | Sinha committee |
| D. | Kelkar Committee |
| E. | None of these |
| Answer» C. Sinha committee | |
| 2287. |
Aadhar Housing Finance Ltd is going to be merged with which of the following? |
| A. | DHFL Vysya Housing Finance Ltd |
| B. | Cent Bank Home Finance Limited |
| C. | Housing and Urban Development Corporation Ltd. |
| D. | Manipal Housing Finance Syndicate Ltd. |
| E. | None of these |
| Answer» B. Cent Bank Home Finance Limited | |
| 2288. |
is a short term and unsecured promissory notes issued by corporations with very high credit standing? |
| A. | Demand draft |
| B. | Credit card |
| C. | Debit card |
| D. | Commercial Paper |
| E. | None of these |
| Answer» E. None of these | |
| 2289. |
What is the rate at which commercial banks charge on their surplus funds with RBI? |
| A. | SLR |
| B. | Reverse Repo Rate |
| C. | Repo Rate |
| D. | Cash Reverse Ratio |
| E. | Bank Rate |
| Answer» C. Repo Rate | |
| 2290. |
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 | |
| 2291. |
In which of the following States there is noRegional Rural Bank? |
| A. | Karnataka |
| B. | Goa |
| C. | Uttarakhand |
| D. | Himachal Pradesh |
| E. | Punjab |
| Answer» C. Uttarakhand | |
| 2292. |
How Commercial banks can regulate money supply? |
| A. | Printing of one rupee notes |
| B. | Augmentation of savings and time deposits |
| C. | Provision of high denomination notes |
| D. | Creation of demand deposits |
| E. | None of the above |
| Answer» E. None of the above | |
| 2293. |
DAX is the stock exchange of ? |
| A. | Germany |
| B. | Japan |
| C. | USA |
| D. | Maxico |
| E. | None of the Above |
| Answer» B. Japan | |
| 2294. |
The minimum rate of Interest charged by a Bank from Customers on the loans is? |
| A. | Base Rate |
| B. | Bank rate |
| C. | Prime Rate |
| D. | Prime Lending Rate |
| E. | None of these |
| Answer» B. Bank rate | |
| 2295. |
Hypothecation is applicable in the case of ? |
| A. | Movable goods |
| B. | Immovable property |
| C. | Book debts |
| D. | Corporate guarantee |
| E. | None of the above |
| Answer» B. Immovable property | |
| 2296. |
Bankers have to maintain secrecy of customer accounts as per the provisions of |
| A. | Banking Regulation Act 1949 |
| B. | Negotiable Instruments Act, 1881 |
| C. | Banking Companies (Acquisition and Transfer Undertaking) Act, 1970 |
| D. | Provident Funds Act 1925 |
| E. | Damle Committee |
| Answer» D. Provident Funds Act 1925 | |
| 2297. |
Name the country‘s first small finance bank which started its operations recently? |
| A. | Capital Local Area Bank |
| B. | Disha Microfin Private Limited |
| C. | Au Financiers (India) Limited |
| D. | Ujjivan Financial Services |
| E. | Utkarsh Micro Finance |
| Answer» B. Disha Microfin Private Limited | |
| 2298. |
When was the Financial Market Department was established by RBI? |
| A. | May, 1999 |
| B. | Jan, 2000 |
| C. | July, 2005 |
| D. | Aug, 2002 |
| E. | None of these |
| Answer» D. Aug, 2002 | |
| 2299. |
assumed charge as the Minister of State for Micro, Small & Medium Enterprises (MSME) on 11th November 2014. |
| A. | Gopal Singh |
| B. | Veerabhadra Singh |
| C. | Manoj Tiwari |
| D. | Giriraj Singh |
| E. | Raju Bhai Gandhi |
| Answer» E. Raju Bhai Gandhi | |
| 2300. |
Which of the following depicts the financialposition of a bank or business enterprise at a given point of time? |
| A. | Balance sheet |
| B. | Cash flow statement |
| C. | Income statement |
| D. | Model audit |
| E. | None of these |
| Answer» B. Cash flow statement | |