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.
| 101. |
Which bank has partnered with the Business Association of Nagas (BAN) to help 1000 entrepreneurs with financing in the state of Nagaland? |
| A. | Axis Bank |
| B. | Indian Bank |
| C. | HDFC Bank |
| D. | State Bank of India |
| Answer» E. | |
| 102. |
What is the name of the account, a bank holds on behalf of another, often a foreign bank? |
| A. | Vostro account |
| B. | Forex Trade Account |
| C. | Settlement Account |
| D. | Nostro account |
| Answer» B. Forex Trade Account | |
| 103. |
Which of the following has agreed to provide USD 4.5 billion loan for Bangladesh to combat the economic crisis? |
| A. | AIIB |
| B. | Asian Development Bank |
| C. | IMF |
| D. | New Development Bank |
| Answer» D. New Development Bank | |
| 104. |
Which payment bank has conducted the First Floating Financial Literacy Camp of India called "Niveshak Didi" in Jammu and Kashmir's Srinagar? |
| A. | India Post Payments Bank |
| B. | Airtel Payments Bank |
| C. | FINO Payments Bank |
| D. | Paytm Payments Bank |
| Answer» B. Airtel Payments Bank | |
| 105. |
The Union Bank of India has launched "UNI - CARBON CARD". It is a co-branded credit card on the Rupay platform of NPCI for which company? |
| A. | BPCL |
| B. | IOC |
| C. | Reliance Industry |
| D. | HPCL |
| Answer» E. | |
| 106. |
Which NBFC has received approval from RBI to take over PMC bank and re-launch it as a Small Finance Bank? |
| A. | Satin Creditcare Network Limited |
| B. | Credila Financial Services Private Limited |
| C. | Centrum Financial Services Limited |
| D. | HDB Financial Services Limited |
| Answer» D. HDB Financial Services Limited | |
| 107. |
Which bank launched FEDDY, an Artificial Intelligence-powered virtual assistant to help customers with banking-related queries anytime? |
| A. | ICICI |
| B. | RBI |
| C. | SBI |
| D. | Federal Bank |
| Answer» E. | |
| 108. |
The RBI has barred which of these global card players from onboarding new domestic customers on its network from July 22, 2021? |
| A. | Mastercard |
| B. | Visa |
| C. | America Express |
| D. | Citibank |
| Answer» B. Visa | |
| 109. |
Shyam Srinivasan has been re-appointed as the CEO of which bank for a period of three years? |
| A. | Bank of Baroda |
| B. | Yes Bank |
| C. | Federal bank |
| D. | Canara Bank |
| Answer» D. Canara Bank | |
| 110. |
Which bank has launched the 'Ghar Ghar Ration' programme an employee-led initiative for its low-income customers, affected by Covid-19? |
| A. | Bandhan Bank |
| B. | Axis Bank |
| C. | IDFC First Bank |
| D. | IndusInd Bank |
| Answer» D. IndusInd Bank | |
| 111. |
The Bajaj Allianz General Insurance has entered into a corporate agency agreement with which of the following bank? |
| A. | Bank of India |
| B. | Bank of Baroda |
| C. | State Bank of India |
| D. | Canara Bank |
| Answer» B. Bank of Baroda | |
| 112. |
The E-Pgs Is A New Centralized Web-Based Work-Flow-Based It Platform, Launched By which Organization for its Group Business Operations? |
| A. | RBI |
| B. | SBI |
| C. | LIC |
| D. | SEBI |
| Answer» D. SEBI | |
| 113. |
According to Bank for International Settlements, what is India's bank credit-to-GDP ratio growth percentage in 2020? |
| A. | 66% |
| B. | 42% |
| C. | 56% |
| D. | 73% |
| Answer» D. 73% | |
| 114. |
RBL bank has tied with which one to issue credit cards? |
| A. | Visa |
| B. | Mastercard |
| C. | Maestro card |
| D. | Rupay |
| Answer» B. Mastercard | |
| 115. |
Which bank has launched the 'Pay Your Contact' payment feature to enable its customers to send money using the beneficiary's mobile number? |
| A. | ICICI Bank |
| B. | Axis Bank |
| C. | Kotak Mahindra Bank |
| D. | HDFC Bank |
| Answer» D. HDFC Bank | |
| 116. |
Which type of bank has been established as a means of cleaning up bank books? |
| A. | Big Bank |
| B. | Payment Bank |
| C. | Small Bank |
| D. | Bad Bank |
| Answer» E. | |
| 117. |
Which bank has selected "Paisalo Digital" as the National Corporate Business Correspondent of the Bank? |
| A. | SBI |
| B. | Yes Bank |
| C. | PNB |
| D. | HDFC |
| Answer» B. Yes Bank | |
| 118. |
The government of India has signed a loan agreement with which Bank to develop the Green National Highway Corridor? |
| A. | NABARD |
| B. | IMF |
| C. | AIIB |
| D. | World Bank |
| Answer» E. | |
| 119. |
Bank of Maharashtra has signed an MoU with which bank to boost ongoing developmental initiatives linked to priority sector lending in Maharashtra? |
| A. | RBI |
| B. | NABARD |
| C. | World Bank |
| D. | SEBI |
| Answer» C. World Bank | |
| 120. |
Which bank has launched FEDDY to help customers with banking-related queries anytime? |
| A. | SBI |
| B. | Federal Bank |
| C. | Dena Bank |
| D. | RBI |
| Answer» C. Dena Bank | |
| 121. |
RBI has imposed a monetary penalty of what amount on Bengaluru-based Hewlett-Packard Financial Services Private Ltd.? |
| A. | Rs 2 lakh |
| B. | Rs 3 lakh |
| C. | Rs 5 lakh |
| D. | Rs 6 lakh |
| Answer» E. | |
| 122. |
Which bank has been honoured as the global winner for Most Innovative in Digital Banking? |
| A. | SBI |
| B. | PNB |
| C. | DBS |
| D. | HDFC |
| Answer» D. HDFC | |
| 123. |
Reserve Bank of India has imposed a penalty of how much on Janalaxmi Co-operative Bank? |
| A. | Rs 50.35 lakh |
| B. | Rs 43.35 lakh |
| C. | Rs 34.35 lakh |
| D. | Rs 90.35 lakh |
| Answer» B. Rs 43.35 lakh | |
| 124. |
LIC Cards Services restricted (LIC-CSL) has partnered with which bank to launch 'Lumine' noble metal Mastercard? |
| A. | HDFC Bank |
| B. | IDBI Bank |
| C. | SBI Bank |
| D. | Yes Bank |
| Answer» C. SBI Bank | |
| 125. |
Which bank was empanelled by the RBI to act as an associate degree 'Agency Bank'? |
| A. | SBI |
| B. | Dena Bank |
| C. | IndusInd Bank |
| D. | HDFC |
| Answer» D. HDFC | |
| 126. |
Which bank has signed an MoU with the Paralympic Committee of India (PCI) as one of the banking partners of the Paralympic Games? |
| A. | SBI |
| B. | Indian Bank |
| C. | HDFC |
| D. | Axis Bank |
| Answer» C. HDFC | |
| 127. |
National Fisheries Development Board has entered into an MoU with which bank? |
| A. | PNB |
| B. | SBI |
| C. | RBI |
| D. | NABARD |
| Answer» B. SBI | |
| 128. |
Which bank has crossed over one million customers on its WhatsApp banking channel? |
| A. | PNB |
| B. | SBI |
| C. | HDFC |
| D. | Axis |
| Answer» E. | |
| 129. |
SBI General Insurance announced a tie-up with which one to increase insurance penetration in the rural markets? |
| A. | LIC |
| B. | SahiPay |
| C. | PhonePe |
| D. | Bandhan Bank |
| Answer» C. PhonePe | |
| 130. |
Which bank enters into partnership with Dhanvarsha Finance Ltd (DFL) to offer loans against gold ornaments? |
| A. | PNB |
| B. | SBI |
| C. | CBoI |
| D. | HDFC |
| Answer» D. HDFC | |
| 131. |
Which bank has approved a USD 300 million loans for rural connectivity project in Maharashtra? |
| A. | ADB |
| B. | AIIB |
| C. | World Bank |
| D. | NABARD |
| Answer» B. AIIB | |
| 132. |
The Indian Navy has inked an MoU with which bank to initiate 'Honour FIRST'? |
| A. | HDFC |
| B. | IDFC |
| C. | SBI |
| D. | PNB |
| Answer» C. SBI | |
| 133. |
RBI has raised the limit for collateral-free loans to Self-Help Groups (SHG) from Rs. 10 lakhs to what amount under DAY-NRLM? |
| A. | 20 lakhs |
| B. | 25 lakhs |
| C. | 30 lakhs |
| D. | 44 lakhs |
| Answer» B. 25 lakhs | |
| 134. |
Which bank has agreed to a USD 100 million line of credit to Mauritius for procurement of defence items from India? |
| A. | SBI |
| B. | EXIM |
| C. | HDFC |
| D. | Indian Bank |
| Answer» C. HDFC | |
| 135. |
According to DICGC Bill, the account holders are expected to get up to Rs.5 lakh within how many days of the RBI imposing a moratorium on their banks? |
| A. | 49 |
| B. | 67 |
| C. | 90 |
| D. | 123 |
| Answer» D. 123 | |
| 136. |
BharatPe has partnered with which bank to launch its point of sale (PoS) business 'BharatSwipe'? |
| A. | HDFC Bank |
| B. | Punjab National Bank |
| C. | Axis Bank |
| D. | HDFC Bank |
| Answer» D. HDFC Bank | |
| 137. |
Which bank has launched the first-ever floating ATM on a Houseboat in Dal Lake of Srinagar? |
| A. | Bank of Baroda |
| B. | Union Bank of India |
| C. | Punjab National Bank |
| D. | State Bank of India |
| Answer» E. | |
| 138. |
Which bank has partnered with Visa to offer credit cards to its customers? |
| A. | Yes Bank |
| B. | SBI |
| C. | BoB |
| D. | UBI |
| Answer» B. SBI | |
| 139. |
PayPoint India has entered into a partnership with which bank to provide banking services? |
| A. | BoB |
| B. | SBI |
| C. | HDFC |
| D. | PNB |
| Answer» B. SBI | |
| 140. |
The Reserve Bank of India has announced an increase in the incentives given to commercial banks for the distribution of coins per bag. What will be the new incentive per bag? |
| A. | Rs 45 |
| B. | Rs 55 |
| C. | Rs 65 |
| D. | Rs 35 |
| Answer» D. Rs 35 | |
| 141. |
Which bank has announced its partnership with leading payments company Paytm? |
| A. | SBI |
| B. | HDFC Bank |
| C. | ICICI |
| D. | RBI |
| Answer» C. ICICI | |
| 142. |
What is the enhanced maximum per transaction limit for online fund transfer under the Indo-Nepal Remittance Facility Scheme, as per RBI? |
| A. | Rs 5 lakh |
| B. | Rs 1 lakh |
| C. | Rs 2 lakh |
| D. | Rs 3 lakh |
| Answer» D. Rs 3 lakh | |
| 143. |
Which bank and Paytm have partnered to construct comprehensive options throughout payment gateway, the factor of sale machines and credit products? |
| A. | HDFC |
| B. | SBI |
| C. | AXIS Bank |
| D. | PNB |
| Answer» B. SBI | |
| 144. |
The US Agency for International Development (USAID) will sponsor a $50 million loan portfolio guarantee to which bank to support increased financial access to women borrowers and MSMEs in India? |
| A. | PNB |
| B. | Kotak Mahindra Bank |
| C. | SBI |
| D. | HDFC |
| Answer» C. SBI | |
| 145. |
Who has been appointed as the Managing Director and Chief Executive Officer of Indian Bank for three years? |
| A. | Shanti Lal Jain |
| B. | Krishan Mathur |
| C. | Sakshi Dhiman |
| D. | Neha Uppal |
| Answer» B. Krishan Mathur | |
| 146. |
Ajay Kumar has been appointed as the executive director of which bank? |
| A. | SBI |
| B. | RBI |
| C. | PNB |
| D. | HDFC |
| Answer» C. PNB | |
| 147. |
The Reserve bank of India has set the limit for Ways and Means Advances (WMA) for the second half of the financial year 2021-22 to what amount? |
| A. | Rs. 40,000 crore |
| B. | Rs. 50,000 crore |
| C. | Rs. 60,000 crore |
| D. | Rs. 70,000 crore |
| Answer» C. Rs. 60,000 crore | |
| 148. |
Which financial body has approved a $40 million loan for a project aimed at improving the quality of health services in Meghalaya? |
| A. | ADB |
| B. | World Bank |
| C. | UNDP |
| D. | AIIB |
| Answer» C. UNDP | |
| 149. |
Which bank has approved about $150 million, to aid Chennai's Sustainable Urban Services program? |
| A. | World Bank |
| B. | ADB |
| C. | HDFC |
| D. | Dena Bank |
| Answer» B. ADB | |
| 150. |
NPCI has partnered with which bank to launch first-of-its-kind 'RuPay On-the-Go' contactless payments solutions? |
| A. | YES Bank |
| B. | Axis Bank |
| C. | HDFC |
| D. | ICICI |
| Answer» B. Axis Bank | |