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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.
| 3401. |
Islamic Shariah forbids |
| A. | all loss on capital |
| B. | all gains on loans |
| C. | all gains on bonds |
| D. | all gains on capital |
| Answer» E. | |
| 3402. |
Not essentially be in liquid form is ruling of |
| A. | ijarah |
| B. | capital |
| C. | istisna |
| D. | musharika |
| Answer» E. | |
| 3403. |
Word Musharika is originated from the |
| A. | latin word |
| B. | arabic word |
| C. | persian word |
| D. | french word |
| Answer» C. persian word | |
| 3404. |
A assets in Shirkat-ul-milk is mutually possessed but not separated yet, is known as |
| A. | shirkat-ul-milk |
| B. | shirkat-al-aqd |
| C. | shirkah |
| D. | musha |
| Answer» E. | |
| 3405. |
A most ordinary kind of Shirkat-ul-Aqd where equality in capital, management or liability might be identical in one case but not in all respect meaning either profit is equal but not labour or vice versa is |
| A. | shirkat-ul-aqd |
| B. | shirkat-ul-ainan |
| C. | shirkat-ul-dain |
| D. | shirkat-ul-milk |
| Answer» C. shirkat-ul-dain | |
| 3406. |
Profits shall be divided in ratio mutually settled in the |
| A. | deed |
| B. | contract |
| C. | prescribed |
| D. | all of answers are correct |
| Answer» E. | |
| 3407. |
Expression Finance Certificates & Certificate of Investment in Musharika is |
| A. | liability side financing |
| B. | liability |
| C. | assets |
| D. | assets side financing |
| Answer» B. liability | |
| 3408. |
An agreement in which advance fee is made for commodities to be delivered afterwards on is |
| A. | murabaha |
| B. | bai salam |
| C. | ijarah |
| D. | b& c |
| Answer» C. ijarah | |
| 3409. |
deal is considered Salam if buyer has compensated purchase price to seller in |
| A. | full at time of loss |
| B. | partial at time of sale |
| C. | at time of sale |
| D. | full at time of sale |
| Answer» E. | |
| 3410. |
Where everyone partner contribute some capital into a commercial venture is |
| A. | partnership in capital |
| B. | shirkat-ul-amwal |
| C. | a & b |
| D. | shirkat-ul-abdan |
| Answer» D. shirkat-ul-abdan | |
| 3411. |
An investor and his customer contribute either in shared possession of an assets or equipment, or in a combined commercial venture is |
| A. | diminishing musharika |
| B. | musharika |
| C. | ijarah |
| D. | salam |
| Answer» B. musharika | |
| 3412. |
Shirkat-ul-wujooh has its origin in Arabic word |
| A. | wajahat |
| B. | wajahee |
| C. | waujooh |
| D. | wajhee |
| Answer» B. wajahee | |
| 3413. |
Mutually or equally using an asset by taking twists under conditions where partners or joint vendors are on superior stipulations is |
| A. | musharika intifa |
| B. | musharika |
| C. | ijarah |
| D. | hibah |
| Answer» B. musharika | |
| 3414. |
What is asset side financing out of these means |
| A. | large enterprise financing |
| B. | import financing |
| C. | Letter of credit with margin (for musharika) |
| D. | all of answers are correct |
| Answer» E. | |
| 3415. |
Negotiation of a selling price among two parties exclusive of reference by seller to either costs or asking price is |
| A. | ijarah wa iqtna |
| B. | ijarah |
| C. | musawamah |
| D. | musharika |
| Answer» D. musharika | |
| 3416. |
A number of Islamic banks were formed to provide to this particular banking market in late |
| A. | 20th century |
| B. | 19th century |
| C. | 18th century |
| D. | none of all of these |
| Answer» B. 19th century | |
| 3417. |
Banking or banking action that is consistent with main beliefs of Shariah and its realistic application from beginning to end improvement of Islamic economics is |
| A. | islamic banking |
| B. | development Bank |
| C. | conventional banking |
| D. | b& c |
| Answer» B. development Bank | |
| 3418. |
Earliest Islamic bank was established in Malaysia in |
| A. | 1980 |
| B. | 1983 |
| C. | 1982 |
| D. | 1988 |
| Answer» C. 1982 | |
| 3419. |
A bank is considered as a custodian and trustee of money is |
| A. | Wadiah |
| B. | safekeeping |
| C. | a & b |
| D. | Hibah |
| Answer» D. Hibah | |
| 3420. |
16 The Reserve Bank will soon put into circulation Rs. 5 coins to celebrate 150th anniversary of ___________. |
| A. | Delhi High Court |
| B. | Chennai High Court |
| C. | Allahabad High Court |
| D. | Kolkata High Court |
| Answer» D. Kolkata High Court | |
| 3421. |
The Reserve Bank will soon circulate a new Rs 10 coins that have been minted to commemorate ______ year of National Archives of India. |
| A. | 124th |
| B. | 125th |
| C. | 115th |
| D. | 120th |
| Answer» C. 115th | |
| 3422. |
FATCA stands for __________. |
| A. | Fully Authorised Tax Compliance Act |
| B. | Financial Account Transaction Compliance Act |
| C. | Foreign Account Transaction Compliance Act |
| D. | Foreign Account Tax Compliance Act |
| Answer» E. | |
| 3423. |
Reserve Bank of India (RBI) and other commercial banks spend Rs ___________ crore every year on currency management operations. |
| A. | 22000 |
| B. | 21000 |
| C. | 25000 |
| D. | 18000 |
| Answer» C. 25000 | |
| 3424. |
Which bank cut rates on home loans of up to Rs30 lakh by 25 basis points for new borrowers to capitalize on demand generated by government efforts? |
| A. | SBI |
| B. | HDFC |
| C. | ICICI |
| D. | Axis |
| Answer» B. HDFC | |
| 3425. |
Which bank has tied up with Cashkaro.com to launch card-linked offers as part of its loyalty programme for both offline and online shoppers? |
| A. | Yes Bank |
| B. | Kotak Mahindra Bank |
| C. | Lakshmi Vilas Bank |
| D. | Karnataka Bank |
| Answer» B. Kotak Mahindra Bank | |
| 3426. |
RBI has initiated 'prompt corrective action' on this bank and restrict bank from hiring, opening branches and giving big ticket loans. |
| A. | Bank of Baroda |
| B. | Vijaya Bank |
| C. | IDBI Bank |
| D. | Dena Bank |
| Answer» D. Dena Bank | |
| 3427. |
Which two bank recently slashed interest rate by up to 0.3 percent for loans of up to Rs 30 lakh to promote affordable housing? |
| A. | Canara and KVB |
| B. | ICICI and HDFC |
| C. | HDFC and Axis |
| D. | Axis and Canara |
| Answer» C. HDFC and Axis | |
| 3428. |
Which bank tie-up with Catholic Syrian Bank to distribute its individual life insurance products to the private lender's customers? |
| A. | Yes Bank |
| B. | HDFC Bank |
| C. | ICICI Bank |
| D. | Axis Bank |
| Answer» C. ICICI Bank | |
| 3429. |
Which private sector bank appoint Debjani Ghosh as an additional director? |
| A. | Axis bank |
| B. | Yes Bank |
| C. | Punjab National Bank |
| D. | Corporation Bank |
| Answer» C. Punjab National Bank | |
| 3430. |
Kotak Mahindra Bank has enabled end to end trade financing for one of its clients by utilising which of the given technology? |
| A. | Artificial Intelligence |
| B. | Oculus Rift |
| C. | Robotics |
| D. | Blockchain |
| Answer» E. | |
| 3431. |
For which bank India Ratings and Research gave a negative outlook due to challenges arising out of stressed assets and weak capital position? |
| A. | HDFC |
| B. | IDBI |
| C. | Yes |
| D. | Axis |
| Answer» C. Yes | |
| 3432. |
Japan's SoftBank invested this much of amount in digital payments platform Paytm. |
| A. | 1.4 billion |
| B. | 1.2 billion |
| C. | 1.5 billion |
| D. | 2.1 billion |
| Answer» B. 1.2 billion | |
| 3433. |
Which banks launches the SPOK application to read customer queries? |
| A. | Bank of Baroda |
| B. | HDFC |
| C. | Axis |
| D. | Canara |
| Answer» C. Axis | |
| 3434. |
Which bank signs MoU with LIC of India for selling life insurance products? |
| A. | Bank of Baroda |
| B. | Karnataka Bank |
| C. | Yes Bank |
| D. | Indian Overseas Bank |
| Answer» C. Yes Bank | |
| 3435. |
This bank and IFFCO introduced the co-branded debit cards for farmers? |
| A. | Allahabad Bank |
| B. | Andhra Bank |
| C. | Bank of Baroda |
| D. | Indian Overseas Bank |
| Answer» D. Indian Overseas Bank | |
| 3436. |
Which bank launched a new trading platform Selfie for customers to trade directly from charts? |
| A. | IndusInd Bank |
| B. | Kotak Mahindra Bank |
| C. | Federal Bank |
| D. | Development Credit Bank |
| Answer» D. Development Credit Bank | |
| 3437. |
Which bank launched a national Hackathon for developers and students to come up with innovative ideas for the banking sector? |
| A. | ICICI |
| B. | HDFC |
| C. | SBI |
| D. | Axis |
| Answer» D. Axis | |
| 3438. |
Which Indian company is placed in the top 10 consumer financial services companies in the world? |
| A. | Bank Of India |
| B. | City Union Bank |
| C. | Federal Bank |
| D. | HDFC Bank |
| Answer» E. | |
| 3439. |
The Reserve Bank of India going to introduce a new ________ currency note under the Coinage Act, 2011. |
| A. | Re. 5 |
| B. | Re. 10 |
| C. | Re. 2 |
| D. | Re. 1 |
| Answer» E. | |
| 3440. |
The Asian Development Bank signed a $100 million loan with this bank to finance large solar rooftop systems on industrial and commercial buildings throughout India. |
| A. | Syndicate Bank |
| B. | Indian Overseas Bank |
| C. | Corporation Bank |
| D. | Punjab National Bank |
| Answer» E. | |
| 3441. |
Which bank did the Reserve Bank of India (RBI) admits prompt corrective action? |
| A. | Karnataka Bank |
| B. | Dena Bank |
| C. | State Bank of Mysore |
| D. | Federal Bank |
| Answer» C. State Bank of Mysore | |
| 3442. |
Which bank conducts the Star Mahotsav program? |
| A. | Bank of Baroda |
| B. | IDBI Bank |
| C. | Bank of India |
| D. | Union Bank of India |
| Answer» D. Union Bank of India | |
| 3443. |
Which bank clears 100 Mw solar projects worth Rs 400 cr under World Bank programme? |
| A. | HDFC Bank |
| B. | Canara Bank |
| C. | State Bank of India |
| D. | Vijaya Bank |
| Answer» D. Vijaya Bank | |
| 3444. |
Which bank reduce the interest rate on new home loan above Rs. 75 lakh recently? |
| A. | ICICI Bank |
| B. | City Union Bank |
| C. | State Bank of India |
| D. | Syndicate Bank |
| Answer» D. Syndicate Bank | |
| 3445. |
Which bank launched the retail mart in Thiruvananthapuram? |
| A. | Syndicate Bank |
| B. | Union Bank of India |
| C. | Canara Bank |
| D. | Indian Overseas Bank |
| Answer» E. | |
| 3446. |
Which alphabet was inserted in the RBI's 500rs notes? |
| A. | C |
| B. | A |
| C. | H |
| D. | F |
| Answer» C. H | |
| 3447. |
How many millions World Bank approves for Afghanistan to boost economy? |
| A. | $500 million |
| B. | $600 million |
| C. | $800 million |
| D. | $400 million |
| Answer» B. $600 million | |
| 3448. |
Which private sector bank to get High rating for code compliance ? |
| A. | Dena Bank |
| B. | Karnataka Bank |
| C. | Andhra Bank |
| D. | IDBI bank |
| Answer» E. | |
| 3449. |
Which of the following bank has not been facing restrictions under RBI's prompt corrective action? |
| A. | UCO Bank |
| B. | Dena Bank |
| C. | Cental Bank of India |
| D. | Bank of Baroda |
| Answer» D. Bank of Baroda | |
| 3450. |
Which of the following private sector banks has partnered with mobile payments switch TerraPay to enable real time money transfer to bank accounts in India? |
| A. | Yes Bank |
| B. | City Union Bank |
| C. | Axis Bank |
| D. | HDFC Bank |
| Answer» B. City Union Bank | |