MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
National Insurance Academy located in ________. |
| A. | Chennai |
| B. | Calcutta |
| C. | Pune |
| D. | Hyderabad |
| Answer» D. Hyderabad | |
| 2. |
Who regulates the Mutual Funds in India? |
| A. | FRBI |
| B. | SEBI |
| C. | SIDBI |
| D. | RBI |
| Answer» C. SIDBI | |
| 3. |
When was the Oriental Life Insurance Company established? |
| A. | 1818 |
| B. | 1834 |
| C. | 1907 |
| D. | 1938 |
| Answer» B. 1834 | |
| 4. |
Name the micro finance company that becomes the first to start operation as a commercial bank? |
| A. | PayTm Bank |
| B. | Vodafone m-Pesa Bank |
| C. | Yes Bank |
| D. | Bandhan Bank |
| Answer» E. | |
| 5. |
Which bank has launched the first contactless debit, credit and multi-currency forex card? |
| A. | Axis Bank |
| B. | ICICI Bank |
| C. | HDFC Bank |
| D. | SBI |
| Answer» B. ICICI Bank | |
| 6. |
For how many months is a cheque valid from the date of issue? |
| A. | 3 months |
| B. | 6 months |
| C. | 1 month |
| D. | 2 months |
| Answer» B. 6 months | |
| 7. |
What was the initial share capital of Reserve Bank of India? |
| A. | 3 cr. |
| B. | 1 cr. |
| C. | 5 cr. |
| D. | 10 cr. |
| E. | 50 cr. |
| Answer» D. 10 cr. | |
| 8. |
In which type of banking, electronic financial transactions are done? |
| A. | E-Banking |
| B. | POS Banking |
| C. | M-Banking |
| D. | Universal Banking |
| Answer» B. POS Banking | |
| 9. |
Which was the first bank to introduce Internet banking? |
| A. | Canara Bank |
| B. | ICICI Bank |
| C. | Punjab National Bank |
| D. | State Bank of India |
| Answer» C. Punjab National Bank | |
| 10. |
What is the full form of CRR? |
| A. | Cash Reserve Rate |
| B. | Cash Reserve Ratio |
| C. | Cash Recession Ratio |
| D. | Core Reserve Rate |
| Answer» C. Cash Recession Ratio | |
| 11. |
What is the full form of EFT? |
| A. | Electronic Funds Transfer |
| B. | Efficient Funds Transfer |
| C. | Effective Funds Transfer |
| D. | Electronic Foreign Transfer |
| Answer» B. Efficient Funds Transfer | |
| 12. |
Who was the second Governor of Reserve Bank of India? |
| A. | Sir C. D Deshmukh |
| B. | Sir James Taylor |
| C. | Sir W. T . McCallum |
| D. | Sir Osborne Smith |
| E. | None of these |
| Answer» C. Sir W. T . McCallum | |
| 13. |
Which of the following abbreviations is not related to banking? |
| A. | NEFT |
| B. | RTGS |
| C. | MICR |
| D. | BBPS |
| E. | EFTA |
| Answer» F. | |