MCQOPTIONS
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MCQOPTIONS
This section includes 2956 Mcqs, each offering curated multiple-choice questions to sharpen your UPSC IAS Exam knowledge and support exam preparation. Choose a topic below to get started.
| 2851. |
Current geo-climatic conditions and increased frequency of natural calamities have necessitated the first to provide a platform for strengthening Regional Disaster Response Mechanism among SAARC nations. |
| A. | South Asian Yearly Disaster Management Exercise |
| B. | South Asian Annual Disaster Management Plan |
| C. | South Asian Annual Disaster Management Exercise |
| D. | None of the above |
| Answer» D. None of the above | |
| 2852. |
Name the international women's grouping that has recently been formed by the G-20 nations in Turkey's capital, Ankara? |
| A. | F20 |
| B. | W20 |
| C. | C20 |
| D. | D20 |
| Answer» C. C20 | |
| 2853. |
Which economy will be the fastest growing among G-20 nations, as per Moody's? |
| A. | Japan |
| B. | UK |
| C. | China |
| D. | India |
| Answer» E. | |
| 2854. |
Consider the following statement(I) To lead and co-ordinate international action to protect refugees and resolve refugee problems worldwide(II) To protect and provide humanitarian assistance to whom it describes as other persons, "of concern", including internally displaced persons.Which of the following statement is /are correct |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | None of the above |
| Answer» D. None of the above | |
| 2855. |
India is set to pitch for a strong TFA in services at WTO. Consider the following statement regarding TFA. (I) India pitched for a trade facilitation agreement in services at WTO and other bilateral FTAs. as the sector has massive potential and contributes to the economy of the country. (II) This involves a free trade agreement negotiations including RCEP/Regional Comprehensive Economic Partnership and between EU. Which of the following is/are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | None of the above. |
| Answer» D. None of the above. | |
| 2856. |
Consider the following regarding the archaeological site. (I) Mahasthangarh, a 3rd century BC archaeological site in Bangladesh close to 11 km north of Bogra has been declared the SAARC cultural capital for 2016-2017. (II) This is one of the earliest sites discovered for urban archaeology in Bangladesh. (Ill) It was the ancient capital of Pundravardhana i.e. home of the Pundra, a group of people not speaking languages of the Indo-European family. Which of the following is/are correct? |
| A. | Only I |
| B. | I, II and III |
| C. | Only II |
| D. | II and III |
| Answer» C. Only II | |
| 2857. |
Consider the following regaring G20 summit. Where did the third edition of the G20 Framework Working Group conclude on 29th March, 2017? (I) The focus of the meeting was to deliberate on the inclusive growth agenda of the G20 and formulation of a framework for country specific inclusive growth policies. (II) The meeting was co-hosted by the Union Ministry of Finance and the State Bank of India (SBI). G20 group is helping India to enhance the production from the manufacturing capacity to INR 2 lakh crore under the Make in India initiative. Which of the following is/are correct? |
| A. | Only I |
| B. | Both I and II |
| C. | Only II |
| D. | None of the above. |
| Answer» B. Both I and II | |
| 2858. |
Ahmed Saleem is ____ South Asian Association for Regional Cooperation (SAARC) |
| A. | Director General |
| B. | Executive Director |
| C. | Chairperson |
| D. | Secretary General |
| Answer» E. | |
| 2859. |
Pascal Lamy, director general of World Trade Organisation is from which country? |
| A. | Maldives |
| B. | Egypt |
| C. | France |
| D. | Jordan |
| Answer» D. Jordan | |
| 2860. |
Who is heading International Monetary Fund as Managing director? |
| A. | Ahmad Mohamed Ali |
| B. | Takehiko Nakao |
| C. | Christine Lagarde |
| D. | Donald Kaberuka |
| Answer» D. Donald Kaberuka | |
| 2861. |
The Non-Votable charges or 'Charged Expenditure' included in the Union Budget include:1. Salary and Allowances of the Presiding Officers of the houses of Parliament.2. Salary and Allowances of the Judges of the Supreme Court and High Courts.3. Salary and Allowances of the CAG.4. Pension of the retired Judges of the Supreme Court.5. Pension of the retired Judges of High Courts.Select the option(s) which is/are correct? |
| A. | 1 and 2 |
| B. | 1, 2 and 3 |
| C. | 1, 2, 3 and 4 |
| D. | All of them |
| Answer» E. | |
| 2862. |
Consider the following: 1. Commercial Banks 2. Central Bank of India 3. Government Which among the above can create money? |
| A. | Only 1 |
| B. | Only 1 & 2 |
| C. | Only 3 |
| D. | All 1 2 & 3 |
| Answer» C. Only 3 | |
| 2863. |
Consider the following statements:1. In Banks, the "Staff Security Deposits" come under Time Liabilities2. In Banks. "Cash certificates" come under theDemand Liabilities Which among the above statements is/ are correct? |
| A. | Only 1 is correct |
| B. | Only 2 is correct |
| C. | Both 1 and 2 are correct |
| D. | Neither 1 nor 2 is correct |
| Answer» B. Only 2 is correct | |
| 2864. |
Which among the following are the wholly/partly owned subsidiaries of the Reserve Bank of India (RBI)? 1. Deposit Insurance and Credit Guarantee Corporation (DICGC) 2. National Housing Bank (NHB) 3. National Bank for Agriculture and Rural Development (NABARD) 4. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) |
| A. | 1 and 4 |
| B. | 1, 2 and 4 |
| C. | 2, 3 and 4 |
| D. | All of them |
| Answer» E. | |
| 2865. |
Which among the following are the 'Credit-Rating Agencies' of India?1. CRISIL2. CARE3. ICRA4. ONICRA |
| A. | 1 and 3 |
| B. | 1, 2 and 3 |
| C. | 1, 3 and 4 |
| D. | All of them |
| Answer» E. | |
| 2866. |
Bank rate refers to: |
| A. | the rate at which banks lend to its prime borrowers |
| B. | the maximum rate that banks can pay for deposit |
| C. | the rate at which banks rediscount bills with RBI |
| D. | the rate of interest charged on inter-bank transactions |
| Answer» D. the rate of interest charged on inter-bank transactions | |
| 2867. |
Consider the following statements regarding Non-Banking Finance Companies (NBFCs): 1. NBFCs can also engage in Micro-Finance Activities. 2. Housing-finance companies form a distinct sub-group of the NBFCs. 3. The deposit insurance facility of the Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors. Which among the above statement(s) is/are not correct? |
| A. | Only 1 |
| B. | 1 and 3 |
| C. | All of there |
| D. | None of these |
| Answer» E. | |
| 2868. |
Which of the following is not true of the Regional Rural Banks (RRBs)? |
| A. | They provide direct loans to small and marginal farmers; |
| B. | They are co-sponsored by Reserve Bank of India; |
| C. | They also perform other banking operations; |
| D. | State Governments are share-holders in RRBs. |
| Answer» C. They also perform other banking operations; | |
| 2869. |
Among the supply side measures to contain inflation is: |
| A. | postponing public expenditure |
| B. | mopping up excess liquidity through taxation |
| C. | credit control measures of RBI |
| D. | maintaining price levels through an effective PDS |
| Answer» E. | |
| 2870. |
Consider the following statements: 1. High growth will lead to inflation. 2. High growth will lead to deflation. Which of the statements given above is/are correct? |
| A. | Only 1 |
| B. | Only 2 |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» B. Only 2 | |
| 2871. |
Which of the following measures should be taken when an economy is going through in inflationary pressures? 1. The direct taxes should be increased. 2. The interest rate should be reduced. 3. The public spending should be increased. Select the correct answer using the codes given below: |
| A. | Only 1 |
| B. | Only 2 |
| C. | 2 and 3 |
| D. | 1 and 2 |
| Answer» B. Only 2 | |
| 2872. |
Which of the following statements is/ are correct? 1. NIFTY is based upon 50 firms in India. 2. NIFTY is governed and regulated by the Reserve Bank of India. 3. NIFTY does not trade in mutual funds. Select the correct answer using the codes given below: |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | 1 and 3 |
| Answer» E. | |
| 2873. |
Consider the following statements: 1. Sensex is based on 50 of the most important stocks available on the Bombay stock Exchange (BSE). 2. For calculating the Sensex, all the stock are assigned proportional weightage. 3. New York Stock Exchange is the oldest stock exchange in the world. Which of the statements given above is/are correct? |
| A. | 2 only |
| B. | 1 and 3 |
| C. | 2 and 3 |
| D. | none |
| Answer» B. 1 and 3 | |
| 2874. |
Consider the following statements: 1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India. 2. A value of 1 for Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population. Which of the statements given above is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» B. 2 only | |
| 2875. |
With reference to the Indian Public Finance, consider the following statements: 1. External liabilities reported in the Union Budget are based on historical exchange rates 2. The continued high borrowing has kept the real interest rates high in the economy 3. The upward trend in the ratio of Fiscal Deficit of GDP a recent years has a adverse effect on private investment 4. Interest payments is the single largest component of the non-plan revenue expenditure of the Union Government Which of these statements are correct? |
| A. | 1, 2 and 3 |
| B. | 1 and 4 |
| C. | 2, 3 and 4 |
| D. | 1, 2, 3 and 4 |
| Answer» D. 1, 2, 3 and 4 | |
| 2876. |
Why is the offering of "teaser loans" by commercial banks a cause of economic concern?1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units.Which of the statements given above is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» B. 2 only | |
| 2877. |
Consider the following statements.1. The National Housing Bank, the apex institution of housing finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India.2. The Small Industries Development Bank of India was established as a wholly owned subsidiary of the Industrial Development Bank of India.Which of the statement given above is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» D. Neither 1 nor 2 | |
| 2878. |
Consider the following statements with regard to Statutory Liquidity Ratio (SLR): 1. To meet SLR, Commercial banks can use cash only. 2. SLR is maintained by the banks with themselves. 3. SLR restricts the bank?s leverage in pumping more money into the economy. Which of the statements given above is/are correct? |
| A. | 1, 2 and 3 |
| B. | 1 and 3 |
| C. | 2 and 3 |
| D. | only 2 |
| Answer» D. only 2 | |
| 2879. |
Which among the following is correct about the Vostro Account? |
| A. | It is an account maintained by a foreign bank with a Bank in India in Indian Rupees. |
| B. | It is an account maintained by an Indian bank with a Bank in Foreign country in Foreign Currency. |
| C. | It is an account maintained by a Indian Bank Branch with a Foreign Bank in Foreign Currency. |
| D. | It is an account maintained by a Foreign Bank Branch with a Indian Bank in Foreign Currency. |
| Answer» B. It is an account maintained by an Indian bank with a Bank in Foreign country in Foreign Currency. | |
| 2880. |
Which among the following is a correct definition of Fiduciary Issue of notes? |
| A. | The issue of currency notes without metallic backing. |
| B. | The issue of currency notes with metallic backing. |
| C. | The issue of currency notes with partial metallic backing. |
| D. | The issue of currency notes with proportional metallic backing. |
| Answer» B. The issue of currency notes with metallic backing. | |
| 2881. |
Which among the following is a correct definition of currency drain? |
| A. | A currency drain is an export of the domestic currency |
| B. | A currency drain is an increase in currency held outside the banks. |
| C. | A currency drain is the currency holding by a parallel economy |
| D. | None of these |
| Answer» C. A currency drain is the currency holding by a parallel economy | |
| 2882. |
Which among the following gives a precise definition of ?Arbitrage? in Financial World? |
| A. | To profit from an existing discrepancy among prices, exchange rates, and/or interest rates on Different Markets without risk of these changing |
| B. | to profit from an existing discrepancy among prices, exchange rates, and/or interest rates on Same market without risk of these changing |
| C. | To profit from an existing discrepancy among prices, exchange rates, and/or interest rates on new techniques or products in same market. |
| D. | All of above |
| Answer» B. to profit from an existing discrepancy among prices, exchange rates, and/or interest rates on Same market without risk of these changing | |
| 2883. |
The Laffer curve is the graphical representation of: |
| A. | The relationship between tax rates and absolute revenue these rates generate for the government. |
| B. | The inverse relationship between the rate of unemployment and the rate of inflation in an economy. |
| C. | The inequality in income distribution. |
| D. | The relationship between environmental quality and economic development. |
| Answer» B. The inverse relationship between the rate of unemployment and the rate of inflation in an economy. | |
| 2884. |
Which among the following would most likely follow if the Reserve Bank of India effects selling of the securities? |
| A. | The cash resources at the disposal of the commercial banks increase. |
| B. | The cash resources at the disposal of the commercial banks get diminished. |
| C. | The cash resources of the commercial banks remain unchanged. |
| D. | None of the above. |
| Answer» C. The cash resources of the commercial banks remain unchanged. | |
| 2885. |
From time to time, which among the following body publishes the "Exchange Control Manual" in context with the Foreign Exchange in India? |
| A. | Foreign Trade Promotion Board |
| B. | Department of Commerce |
| C. | Reserve Bank of India |
| D. | SEBI |
| Answer» D. SEBI | |
| 2886. |
When there is an inflationary trend in the economy, what would be trend in the pricing of the Bank Products? |
| A. | Increasing Trend |
| B. | Decreasing Trend |
| C. | Constant Trend |
| D. | There is no relevance of the inflation in pricing of the Banking Products |
| Answer» B. Decreasing Trend | |
| 2887. |
In which among the following types comes the Interest Rate Risk? |
| A. | Credit risk |
| B. | Market risk |
| C. | Operational risk |
| D. | All the above categories |
| Answer» C. Operational risk | |
| 2888. |
Which of the following statements is not correct regarding the 'Banking Sector' of India? |
| A. | At present there are 26 Nationalized Banks in India. |
| B. | Foreign Banks and Regional Rural Banks do not come under the category of Scheduled Commercial Banks. |
| C. | Banks have the freedom to regulate their own Savings Bank Deposit interest rates. |
| D. | Narsimham Committee is related to Banking Sector reforms. |
| Answer» C. Banks have the freedom to regulate their own Savings Bank Deposit interest rates. | |
| 2889. |
Open market Operation by RBI are the part of its: |
| A. | Fiscal Policy |
| B. | Credit Policy |
| C. | Income Policy |
| D. | Monetary Policy |
| Answer» E. | |
| 2890. |
'SHG Bank Linkage Programme' is a programme which encourages India's banks to lend to self-help groups (SHGs) composed mainly of poor women, this has evolved into an important Indian tool for microfinance. This programme was initiated by? |
| A. | Reserve Bank of India (RBI) |
| B. | Agricultural Refinance and Development Corporation (ARDC) |
| C. | National Bank for Agriculture and Rural Development (NABARD) |
| D. | Non-Banking Finance Companies (NBFC) |
| Answer» D. Non-Banking Finance Companies (NBFC) | |
| 2891. |
The first public sector bank in India which obtained license for Internet Banking from RBI is- |
| A. | Punjab National Bank |
| B. | Oriental Bank of Commerce |
| C. | Corporation Bank |
| D. | State Bank of India |
| Answer» B. Oriental Bank of Commerce | |
| 2892. |
It is said that, in order to control inflation, foreign inflow needs to be sterlised. Sterlisation here refers to: |
| A. | ensuring that black money is accounted. |
| B. | compliance with import-export regulations |
| C. | ensuring that counterfeit currency does not enter circulation |
| D. | withdrawing equivalent local currency to maintain a desirable rate of exchange |
| Answer» E. | |
| 2893. |
Which of the following is not a function of the Securities and Exchange Board of India (SEBI)? |
| A. | Supervising the working of the Stock Exchanges |
| B. | Underwriting new capital issues |
| C. | Regulating merchant banks and mutual funds |
| D. | promoting the development of a healthy capital market |
| Answer» C. Regulating merchant banks and mutual funds | |
| 2894. |
What do you understand by the term "Jobber"? |
| A. | A stock dealer who deals directly with the public for which he gets a commission |
| B. | A broker who buys and sells on behalf of his clients |
| C. | A stock dealer who is a member of a stock exchange and deals with the public only through the medium of brokers |
| D. | A stock broker who deals only with shares and not any other form of securities |
| Answer» D. A stock broker who deals only with shares and not any other form of securities | |
| 2895. |
How do we define The terms buil and bear with regard to stock markets? |
| A. | A bull is an optimistic operator who first buys and then sells shares in expectation of the price going up a bear is a pessimistic market operator who sells the shares in expectation of buying them back at a lower price. |
| B. | There is nothing significantly different as both operate in the capital market. |
| C. | Bull is one who first sells a share and then buys it at a lower price; bear means one who first buys and then sells it in expectation of prices going up. |
| D. | A bull is ready to buy any share; a bear only deals in government securities. |
| Answer» B. There is nothing significantly different as both operate in the capital market. | |
| 2896. |
Debentures and Equity differ in? |
| A. | Debentures are bonds confirming that money has been borrowed; equity is a shareholder's voting rights in proportion to his shareholding |
| B. | An equity shareholder cannot withdraw his investment but debenture holder can withdraw his money. |
| C. | Equity shares have greater risk compared to debentures which have fixed interest on the amount paid. |
| D. | Both have the right to vote irrespective of the size of their holdings. Debentures are of lower value than equity |
| Answer» B. An equity shareholder cannot withdraw his investment but debenture holder can withdraw his money. | |
| 2897. |
Which one of the following is not a feature of "Value Added Tax"? |
| A. | It is multi-point destination-based system of taxation. |
| B. | It is a tax levied on value addition at each stage of transaction in the production distribution chain. |
| C. | It is a tax on the final consumption of goods or services and must ultimately be borne by the consumer. |
| D. | It is basically a subject of the central government and the state governments are only a facilitator for its successful implementation. |
| Answer» E. | |
| 2898. |
Which one of the following governmental steps has proved relatively effective in controlling the double digit rate of inflation in the Indian economy during recent years? |
| A. | enhanced rate of production of all consumer goods |
| B. | streamlined public distribution system |
| C. | pursuing an export oriented strategy |
| D. | containing budgetary deficit and unproductive expenditure |
| Answer» E. | |
| 2899. |
Which of the following statements correctly expresses the difference between preference shares and equity shares? |
| A. | equity shareholders have no voting right but preference shareholders have voting rights |
| B. | preference shareholders have no have voting rights but equity shareholders have voting rights |
| C. | preference shareholders have no right to profit whereas equity shareholders have a right to profit |
| D. | preference shareholders get exemption from taxes while equity shareholders do not get any exemption |
| Answer» D. preference shareholders get exemption from taxes while equity shareholders do not get any exemption | |
| 2900. |
DIRECTION: Match the following and select the correct answer using the codes given below the lists.GoodsExamplei.Public goodsA.Primary educationii.Merit goodsB.National defenceiii.Non-merit goodsC.Pollution |
| A. | I-A, II-B, III-C |
| B. | I-B, II-A, III-C |
| C. | I-C, II-B, III-A |
| D. | I-A, II-C, III-B |
| Answer» C. I-C, II-B, III-A | |