MCQOPTIONS
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MCQOPTIONS
This section includes 269 Mcqs, each offering curated multiple-choice questions to sharpen your Indian Economy knowledge and support exam preparation. Choose a topic below to get started.
| 151. |
Which is the highest bank in the banking structure of India? |
| A. | State Bank of India |
| B. | Central Bank of India |
| C. | Industrial Development Bank of India |
| D. | Reserve Bank of India |
| Answer» E. | |
| 152. |
The Banking system in India has mainly two types of Credit Control System-Quantitative and Qualitative. Which of the following is/are NOT Quantitative Credit Control(s)?1. Bank Rate2. CRR3. Margin Requirement |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | Both 1 and 2 |
| Answer» D. Both 1 and 2 | |
| 153. |
Which of the following products of a bank is specificall designed to provide financial help to children in their higher studies in India or in a foreign nation? |
| A. | Personal Loan |
| B. | Corporate Loan |
| C. | Educational Loan |
| D. | Mortage Loan |
| Answer» D. Mortage Loan | |
| 154. |
When was the first formed? |
| A. | 1974 |
| B. | 1975 |
| C. | 1976 |
| D. | 1977 |
| Answer» C. 1976 | |
| 155. |
As we all know in |
| A. | NABARD |
| B. | SIDBI |
| C. | SBI |
| D. | SEBI |
| Answer» E. | |
| 156. |
A proportion of the |
| A. | Balance of Payment |
| B. | Bank Guarantee |
| C. | Caution Money |
| D. | Cash Reserve Ratio |
| Answer» E. | |
| 157. |
Who amongst the following has decided to |
| A. | Registrar of Compaines |
| B. | Reserve Bank of India |
| C. | State Governments |
| D. | Registrar of Co-operative Societies |
| Answer» C. State Governments | |
| 158. |
Since |
| A. | CBI |
| B. | ARDC |
| C. | SBI |
| D. | NABAR |
| Answer» E. | |
| 159. |
Which of the following is the most |
| A. | Demand deposits |
| B. | Time deposits |
| C. | Inter-bank liablities |
| D. | Other borrowings |
| Answer» E. | |
| 160. |
None-Performing Assets (NPA) |
| A. | Bank deposits which are not invested |
| B. | Capital assets not in use |
| C. | Loans in which interest or principal amount is not recovered |
| D. | Loan interest rate loans |
| Answer» D. Loan interest rate loans | |
| 161. |
The head office of the |
| A. | New Delhi |
| B. | Hyderabad |
| C. | Mumbai |
| D. | Lucknow |
| Answer» D. Lucknow | |
| 162. |
Bank Rate |
| A. | At which banks lend money to the depositors |
| B. | At which Reserve Bank of India lends money to commercial Banks |
| C. | The rate at which banks lend to the Industrial Financial Institutions |
| D. | None of the above |
| Answer» C. The rate at which banks lend to the Industrial Financial Institutions | |
| 163. |
In India, the |
| A. | Hindustan Commercial Bank |
| B. | Oudh Commercial Bank |
| C. | Punjab National Bank |
| D. | Punjab and Sind Bank |
| Answer» C. Punjab National Bank | |
| 164. |
Many times we read in newspapers that the RBI has revised certain rates/ratios under |
| A. | Liquidity Adjustment Facility |
| B. | Legal Adjustment Facility |
| C. | Long-term Achievement Facility |
| D. | Legal Adjustment Formality |
| Answer» B. Legal Adjustment Facility | |
| 165. |
RBI's open market operation |
| A. | Liquidity in the economy |
| B. | Prices of essential commodities |
| C. | Inflation |
| D. | All of the above |
| Answer» E. | |
| 166. |
Which of the following committees has given its recommendations on |
| A. | Rakesh Mohan Committee |
| B. | Rangrajan Committee |
| C. | Sinha COmmittee |
| D. | Kelkar Committee |
| Answer» C. Sinha COmmittee | |
| 167. |
Narasimhan |
| A. | Nank Sector Reform |
| B. | Heavy industry Development |
| C. | Insurance Sector Reform |
| D. | 'a' and 'c' are correct |
| Answer» B. Heavy industry Development | |
| 168. |
As we all know cash |
| A. | Rape Rate |
| B. | Reverse Repo Rate |
| C. | SLR |
| D. | Liquidity Ratio |
| Answer» E. | |
| 169. |
In India, the bank |
| A. | Scheduled Commercial Banks |
| B. | Regional Rural Banks |
| C. | State Land Development Banks |
| D. | Export-Import Bank |
| Answer» E. | |
| 170. |
The functions of the |
| A. | State Bank of India |
| B. | Reserve Bank of India |
| C. | Any Bank |
| D. | A bank designed for this purpose |
| Answer» E. | |
| 171. |
Which of the following rates/ratios is NOT covered under the |
| A. | Bank Rate |
| B. | Repo Rate |
| C. | Cash Reserve Ratio |
| D. | Exchange Rate of Foreign Currencies |
| Answer» E. | |
| 172. |
Which one of the following rates is NOT determined by the |
| A. | CRR |
| B. | SLR |
| C. | Repo Rate |
| D. | Prime Lending Rate |
| Answer» E. | |
| 173. |
With reference to India, consider the following |
| A. | 1 and 2 only |
| B. | 2 and 3 only |
| C. | 3 only |
| D. | 1, 2 and 3 |
| Answer» E. | |
| 174. |
Insurance service |
| A. | Investment Banking |
| B. | Porttolio Management |
| C. | Merchant Banking |
| D. | Bancassurance |
| Answer» E. | |
| 175. |
Which of the following organisations is NOT associated with the |
| A. | NABARD |
| B. | BSE |
| C. | ISRO |
| D. | ECGC |
| Answer» D. ECGC | |
| 176. |
What is the full form of |
| A. | New Banking Finance Company |
| B. | National Banking and Finance Corporation |
| C. | New Business Finance and Credit |
| D. | None of the above |
| Answer» B. National Banking and Finance Corporation | |
| 177. |
A lot of Banks in India these days are offering |
| A. | Money |
| B. | Marginal |
| C. | Message |
| D. | Mobile Phone |
| Answer» E. | |
| 178. |
The stance of |
| A. | inflation control with adequate liquidity for growth |
| B. | improving credit quality of Banks |
| C. | strengthening credit delivery machanism |
| D. | Any of the above |
| Answer» E. | |
| 179. |
Bank |
| A. | Account payee deposits |
| B. | Fixed deposits |
| C. | Variable deposits |
| D. | Demand deposits |
| Answer» E. | |
| 180. |
Whenever RBI does some |
| A. | Inflation only |
| B. | Liquidity in economy |
| C. | Borrowing powers of the banks |
| D. | Flow of Foreign Direct Investment |
| Answer» C. Borrowing powers of the banks | |
| 181. |
Micro credit or micro finance |
| A. | Self Help Groups |
| B. | Anganwadi |
| C. | Co-operative Credit Societies |
| D. | Reserve Bank of India |
| Answer» B. Anganwadi | |
| 182. |
Which one of the following Indian banks is NOT a |
| A. | Corporation Bank |
| B. | Dena Bank |
| C. | Federal Bank |
| D. | Vijaya Bank |
| Answer» D. Vijaya Bank | |
| 183. |
When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as |
| A. | Particpation |
| B. | Consortium |
| C. | Syndication |
| D. | Multiple Banking |
| Answer» C. Syndication | |
| 184. |
Which among the following sectros contributes most to the |
| A. | Banking and financial sector |
| B. | Private corporate sector |
| C. | Export sector |
| D. | Household sector |
| Answer» E. | |
| 185. |
Which bank in India performs duties of |
| A. | Central Bank of India |
| B. | State Bank of India |
| C. | both 'a' and 'b' |
| D. | Reserve Bank of India |
| Answer» E. | |
| 186. |
Which of the following is India's |
| A. | IDBI Bank |
| B. | ICICI Bank |
| C. | AXIS Bank |
| D. | SBI |
| Answer» C. AXIS Bank | |
| 187. |
What is the major |
| A. | The difference between what is charged from borrowers and what is paid to depositors |
| B. | Revenue from the share market |
| C. | Fixed deposits |
| D. | None of the above |
| Answer» B. Revenue from the share market | |
| 188. |
Which of the following acts as a mediator between those who have |
| A. | The President |
| B. | The government |
| C. | Bank |
| D. | RBI |
| Answer» D. RBI | |
| 189. |
Which of the following terms if NOT used in the field of Banking and Finance ? |
| A. | Overdraft |
| B. | Base line |
| C. | RTGS |
| D. | GBC |
| Answer» E. | |
| 190. |
Which among the following activities can NOT be considered a common activity of a |
| A. | Use of tele-banking |
| B. | Use of ATMs |
| C. | Start of EFT facility |
| D. | Increase of decrease in PLR and announcement of credit policy |
| Answer» E. | |
| 191. |
Which of the following rates is |
| A. | Bank Rate |
| B. | Repo Rate |
| C. | Reverse Repo Rate |
| D. | Income Tax Rates |
| Answer» E. | |
| 192. |
High rates of interest |
| A. | attract people to make an investment |
| B. | discourage people to make an investment |
| C. | create atmosphere for capital formation |
| D. | are not favourable for credit expansion |
| Answer» C. create atmosphere for capital formation | |
| 193. |
Who amongst the following appoints Banking |
| A. | Ministry of Social Welfare, Government of India |
| B. | Registrar of Companies |
| C. | The President of India |
| D. | The Reserve Bank of India |
| Answer» E. | |
| 194. |
the availability of |
| A. | Cash Crunch |
| B. | Liquidity |
| C. | Credit |
| D. | Marketability |
| Answer» C. Credit | |
| 195. |
Which of the following is the most important component of the liablities of |
| A. | Time deposits |
| B. | Demon deposits |
| C. | Inter-bank liablities |
| D. | Other borrowings |
| Answer» B. Demon deposits | |
| 196. |
The Banking system in India has mainly two types of |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | Both 1 and 2 |
| Answer» D. Both 1 and 2 | |
| 197. |
Which of the following is/are the measure (S) taken by the Reserve Bank of India (RBI) to ease the |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | All 1, 2 and 3 |
| Answer» B. Only 2 | |
| 198. |
Which of the following products of a bank is specificall designed to provide |
| A. | Personal Loan |
| B. | Corporate Loan |
| C. | Educational Loan |
| D. | Mortage Loan |
| Answer» D. Mortage Loan | |
| 199. |
Open market operations |
| A. | Commercial bills |
| B. | Foreign exchange |
| C. | Gold |
| D. | Government bonds |
| Answer» E. | |
| 200. |
A customer wishes to |
| A. | Public Debt Division of the RBI only |
| B. | American Express Bank only |
| C. | RBI or any branch of a bank which is authorized for such business |
| D. | Ministry of Foreign Affairs |
| Answer» D. Ministry of Foreign Affairs | |