MCQOPTIONS
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MCQOPTIONS
This section includes 273 Mcqs, each offering curated multiple-choice questions to sharpen your Common Topics in Competitive and Entrance exams knowledge and support exam preparation. Choose a topic below to get started.
| 251. |
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 | |
| 252. |
The headquarters of Pension Fund Regulatory and Development Authority (PFRDA) is? |
| A. | Mumbai |
| B. | Hyderabad |
| C. | New Delhi |
| D. | Bangalore |
| E. | None of these |
| Answer» D. Bangalore | |
| 253. |
Which of the following is the authority for effecting changes in the Cash Reserve Ratio and Statutory Liquidity Ratio? |
| A. | Reserve Bank of India |
| B. | Indian Bank s Association |
| C. | Government of India |
| D. | IDBI |
| E. | None of the above |
| Answer» B. Indian Bank s Association | |
| 254. |
The Rate at which the domestic currency can be converted into foreign currency and viceversa is known as the |
| A. | Exchange rate |
| B. | MIBOR |
| C. | Inter bank Call money rate |
| D. | Base rate |
| E. | LIBOR |
| Answer» B. MIBOR | |
| 255. |
The Rate at which the domestic currency can be converted into foreign currency and vice versa is called as |
| A. | Inter Bank Money Rate |
| B. | LIBOR |
| C. | Repo Rate |
| D. | Exchange rate |
| E. | None of these |
| Answer» E. None of these | |
| 256. |
If the rupees depreciate, what is the effect on the exporters? |
| A. | They are unaffected |
| B. | They are in loss |
| C. | They are in profit |
| D. | They get credit crunch |
| E. | None of these |
| Answer» D. They get credit crunch | |
| 257. |
Which of the following is correct statement in respect of debit cards :- |
| A. | Debit card facility is provided to those having savings bank account/current account accounts of individuals, firms and cooperates |
| B. | This facility is not extended to cash credit/loan account holders |
| C. | debit card is issued to all the persons who visit the branch |
| D. | 1 and 2 |
| E. | all of the above . |
| Answer» E. all of the above . | |
| 258. |
Minimum limit for sending money to Nepal through NEFT (National Electronic fund Transfer) in a single day? |
| A. | 10000 |
| B. | 50000 |
| C. | 25000 |
| D. | 100000 |
| E. | 200000 |
| Answer» C. 25000 | |
| 259. |
What percentage of Priority Sector Lending (PSL) is being created for Micro Enterprises by March 2017? |
| A. | 10 % |
| B. | 7.5 % |
| C. | 8.5 % |
| D. | 9.5 % |
| E. | None of the above |
| Answer» C. 8.5 % | |
| 260. |
Which bank bagged the prestigious Bank of the year award 2015? |
| A. | HDFC bank |
| B. | ICICI bank |
| C. | Yes BankWhich bank has inst6alled |
| D. | IndusInd Bank |
| E. | None of these |
| Answer» D. IndusInd Bank | |
| 261. |
Which among the following bank has bagged the Best MSME Bank Award 2016 instituted by Assocham? |
| A. | Corporation Bank |
| B. | Syndicate Bank |
| C. | IDBI Bank |
| D. | Indian Bank |
| E. | None of these |
| Answer» B. Syndicate Bank | |
| 262. |
A Credit Guarantee Trust Fund has been set up for guaranteeing Collateral Free Facilities by lending institutions to Small Scale Industries. This fund is being managed by which of the following institutions? |
| A. | IDBI |
| B. | NABARD |
| C. | SBI |
| D. | SIDBI |
| E. | RBI |
| Answer» E. RBI | |
| 263. |
The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form |
| A. | Reserve Bank of India |
| B. | Imperial Bank of India |
| C. | Bank of India |
| D. | Union Bank of India |
| E. | None of these |
| Answer» C. Bank of India | |
| 264. |
Under the RBI,s SDR scheme, banks can convert their loans into equity, acquire a majority stake in the firm and bring in new promoters, Here the term SDR means |
| A. | Systematic Debt Restructuring |
| B. | Special Debt Restructuring |
| C. | Supplementary Debt Restructuring |
| D. | Strategic Debt Restructuring |
| E. | None of these |
| Answer» E. None of these | |
| 265. |
Which bank has earmarked Rs 20 crore to support employees who were affected by the floods in Chennai? |
| A. | HSBC |
| B. | Doha Bank |
| C. | Royal Bank of Scotland |
| D. | None of these |
| E. | All of the above |
| Answer» D. None of these | |
| 266. |
India s first banking robot Lakshmi launched by in Chennai (Tamil Nadu). Lakshmi will be first onsite huamanoid (robot) in India ? |
| A. | ICICI Bank |
| B. | City Union Bank |
| C. | South Indian Bank |
| D. | Axis Bank |
| E. | None of These |
| Answer» C. South Indian Bank | |
| 267. |
The Stand Up India is aimed at promoting entrepreneurship among women and scheduled castes and tribes. The bank loans under the scheme shall be referenced to _ |
| A. | SIDBI |
| B. | NABARD |
| C. | RBI |
| D. | MUDRA |
| E. | DRDA |
| Answer» B. NABARD | |
| 268. |
The tax payers data flows directly from banks to 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. | |
| 269. |
Who is the present Managing Director (MD) & Chief Executive Officer (CEO) of National Housing Bank (NHB)? |
| A. | Sriram Kalyanaraman |
| B. | Harsh Kumar Bhanwala |
| C. | Kshatrapati Shivaji |
| D. | Yaduvendra Mathur |
| E. | Upendra Kumar Sinha |
| Answer» B. Harsh Kumar Bhanwala | |
| 270. |
In which of the following cities, The Head Office of FICCI is located? 1518). Fixed deposits are for the bank in general |
| A. | Fixed Asset |
| B. | Time liability |
| C. | Demand liability |
| D. | Current Assets |
| E. | None of these |
| Answer» C. Demand liability | |
| 271. |
The Reserve Bank of India imposed fine on which 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. | |
| 272. |
Which state owned bank has become the top mobiliser under Gold Monetization Scheme, launched by Modi government? |
| A. | Bank of Baroda |
| B. | State Bank of India |
| C. | Punjab National Bank |
| D. | Central Bank of India |
| E. | Bank of India |
| Answer» D. Central Bank of India | |
| 273. |
Which bank has become the first private sector bank to sell Indian gold coins? |
| A. | Dhanlaxmi Bank |
| B. | Federal Bank |
| C. | ICICI Bank |
| D. | IndusInd Bank |
| E. | Karur Vysya Bank |
| Answer» C. ICICI Bank | |