MCQOPTIONS
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MCQOPTIONS
This section includes 369 Mcqs, each offering curated multiple-choice questions to sharpen your Bank knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
When was the Life Insurance Corporation of India (LIC) established? |
| A. | in March 20, 1960 |
| B. | in September 16, 1954 |
| C. | in February 3, 1958 |
| D. | in January 19, 1956 |
| Answer» E. | |
| 52. |
What is the location of Bombay Stock Exchange in the world? |
| A. | 12th |
| B. | 13th |
| C. | 11th |
| D. | 10th |
| Answer» D. 10th | |
| 53. |
Where does the debenture which has a fixed time limit for its refund go? |
| A. | Investigable bonds |
| B. | Irrevocable debentures |
| C. | Convertible debentures |
| D. | none of these |
| Answer» B. Irrevocable debentures | |
| 54. |
In how many languages the value of the note is mentioned on the Indian Rupee note? |
| A. | in 17 languages |
| B. | in 16 languages |
| C. | in 15 languages |
| D. | in 14 languages |
| Answer» D. in 14 languages | |
| 55. |
Which of the following is the currency of Japan? |
| A. | yuan |
| B. | euro |
| C. | yen |
| D. | Dollar |
| Answer» D. Dollar | |
| 56. |
Which bank deals with foreign exchange? |
| A. | of offshore banking |
| B. | Of State Bank of India |
| C. | Of a commercial bank |
| D. | none of these |
| Answer» B. Of State Bank of India | |
| 57. |
Which of the following is the main food of half the world? |
| A. | potato |
| B. | wheat |
| C. | maize |
| D. | Did |
| Answer» C. maize | |
| 58. |
What is technically called lack of access to financial services? |
| A. | financial instability |
| B. | financial deprivation |
| C. | financial stability |
| D. | financial inclusion |
| Answer» C. financial stability | |
| 59. |
Which of the following is the name of a private sector bank of India? |
| A. | Dena Bank |
| B. | South Indian Bank |
| C. | Syndicate Bank |
| D. | IDBI Bank |
| Answer» C. Syndicate Bank | |
| 60. |
Which of the following words is used in the field of banking? |
| A. | entropy |
| B. | accounts |
| C. | viscosity |
| D. | plasma |
| Answer» C. viscosity | |
| 61. |
Which currency are the notes and coins issued by the government and central bank of the country? |
| A. | legal tender |
| B. | nearest currency |
| C. | legal currency |
| D. | acceptable currency |
| Answer» B. nearest currency | |
| 62. |
What is the full form of KYC used in the banking world? |
| A. | Keep Your Credibility |
| B. | Know Your Credibility |
| C. | Keep Your Customer |
| D. | Know Your Customer |
| Answer» E. | |
| 63. |
Which of the following words is used in the field of banking and finance? |
| A. | acrude interest |
| B. | Diffusion |
| C. | Deviance |
| D. | none of these |
| Answer» B. Diffusion | |
| 64. |
The catalyst used in the hydrogenation of oils is? |
| A. | Ni |
| B. | Pt |
| C. | Mo |
| D. | Fe |
| Answer» B. Pt | |
| 65. |
Bhilai Iron-Steel Plant has been established with the cooperation of which country? |
| A. | Britain |
| B. | Germany |
| C. | Russia |
| D. | United States |
| Answer» D. United States | |
| 66. |
Which latitude line passes through the middle of India? |
| A. | Tropic of Cancer |
| B. | Equator |
| C. | Tropic of Capricorn |
| D. | arctic line |
| Answer» B. Equator | |
| 67. |
What is the maximum number of members of Rajya Sabha at present? |
| A. | 250 |
| B. | 252 |
| C. | 245 |
| D. | 238 |
| Answer» B. 252 | |
| 68. |
National income figures are estimated by which organization in India? |
| A. | C.S.O. |
| B. | Planning Commission |
| C. | Finance Ministry |
| D. | none of the above |
| Answer» B. Planning Commission | |
| 69. |
What is the name of the central bank of India? |
| A. | Central Bank Of India |
| B. | State Bank Of India |
| C. | Indian Bank |
| D. | Reserve Bank of India |
| Answer» E. | |
| 70. |
Who does the work of minting coins in India? |
| A. | nabard |
| B. | The Office of the Prime Minister |
| C. | Reserve Bank of India |
| D. | Finance Ministry |
| Answer» E. | |
| 71. |
Which bank will be merged with Union Bank of India? |
| A. | Corporation Bank |
| B. | Andhra Bank |
| C. | both of the above |
| D. | none of these |
| Answer» D. none of these | |
| 72. |
Syndicate Bank has been merged with which bank? |
| A. | Union Bank |
| B. | Yes Bank |
| C. | Canara Bank |
| D. | Andhra Bank |
| Answer» D. Andhra Bank | |
| 73. |
Which committee suggested the implementation of GST in India? |
| A. | Vijay Kelkar Committee |
| B. | Ramesh Committee |
| C. | KK Committee |
| D. | N Singh Committee |
| Answer» B. Ramesh Committee | |
| 74. |
Which of the following currency |
| A. | yen |
| B. | pound sterling |
| C. | Rupee |
| D. | yuan |
| Answer» D. yuan | |
| 75. |
Which bank was formerly known as Imperial Bank? |
| A. | Punjab National Bank |
| B. | Allahabad Bank |
| C. | State Bank Of India |
| D. | Reserve Bank of India |
| Answer» D. Reserve Bank of India | |
| 76. |
By whom is the license given for opening new branches of the bank? |
| A. | Indian Banks Association |
| B. | state government |
| C. | RBI |
| D. | Finance Ministry |
| Answer» D. Finance Ministry | |
| 77. |
Which currency is the notes and coins issued by the government and central bank of the country? |
| A. | nearest currency |
| B. | acceptable currency |
| C. | legal currency |
| D. | legal tender |
| Answer» E. | |
| 78. |
Who among the following launched the Banking Ombudsman Scheme? |
| A. | Union Bank |
| B. | Reserve Bank of India |
| C. | State Bank Of India |
| D. | Punjab National Bank |
| Answer» C. State Bank Of India | |
| 79. |
With which bank was India Bank merged? |
| A. | Indian Bank |
| B. | Allahabad Bank |
| C. | Punjab National Bank |
| D. | UCO Bank |
| Answer» C. Punjab National Bank | |
| 80. |
'United Bank' was merged with which bank? |
| A. | Punjab National Bank |
| B. | Corporation Bank |
| C. | Union Bank of India |
| D. | India Bank |
| Answer» B. Corporation Bank | |
| 81. |
How many public sector banks are there at present? |
| A. | 10 |
| B. | 11 |
| C. | 12 |
| D. | 17 |
| Answer» D. 17 | |
| 82. |
'Vijaya Bank' and 'Dena Bank' were merged with which of the following bank? |
| A. | Bank Of Baroda |
| B. | State Bank Of India |
| C. | Union Bank |
| D. | Allahabad Bank |
| Answer» B. State Bank Of India | |
| 83. |
India's GST is based on which country's model? |
| A. | Canada |
| B. | England |
| C. | France |
| D. | America |
| Answer» B. England | |
| 84. |
Corporation Bank merged with which bank? |
| A. | Union Bank Of India |
| B. | Allahabad Bank |
| C. | Canara Bank |
| D. | Punjab National Bank |
| Answer» B. Allahabad Bank | |
| 85. |
Which of the following areas belonged to the Narasimham Committee? |
| A. | tax structure |
| B. | banking reform |
| C. | plan reform |
| D. | Higher education |
| Answer» C. plan reform | |
| 86. |
Where was the country's first floating ATM started? |
| A. | Delhi |
| B. | Kolkata |
| C. | Mumbai |
| D. | Kochi |
| Answer» E. | |
| 87. |
When was the Agmark Act implemented in India? |
| A. | 1937 |
| B. | 1952 |
| C. | 1947 |
| D. | 1965 |
| Answer» B. 1952 | |
| 88. |
Which commission recommended the formation of Reserve Bank of India? |
| A. | Keynes Commission |
| B. | Finance Commission |
| C. | NITI Aayog |
| D. | Hilton Young Commission |
| Answer» E. | |
| 89. |
Which of the following is the name of the missile developed by India? |
| A. | Pole |
| B. | Vivian |
| C. | trident |
| D. | none of these |
| Answer» D. none of these | |
| 90. |
With which bank was the Corporation Bank merged? |
| A. | Central Bank Of India |
| B. | UCO Bank |
| C. | Canara Bank |
| D. | Union Bank Of India |
| Answer» E. | |
| 91. |
India is a member of which of the following group of nations? |
| A. | OPEC |
| B. | NATO |
| C. | BRICS |
| D. | none of these |
| Answer» D. none of these | |
| 92. |
Which of the following cannot be considered as normal banking activity of an ordinary bank customer? |
| A. | Use of ATM |
| B. | tele banking |
| C. | Decreasing or increasing PLR and announcement of loan policy |
| D. | use banker's check |
| Answer» D. use banker's check | |
| 93. |
Which of the following types of banks are allowed to operate foreign currency accounts? |
| A. | Foreign bank |
| B. | regional rural bank |
| C. | nationalized bank |
| D. | none of these |
| Answer» D. none of these | |
| 94. |
Majority of the people in rural areas go to which of the following to meet the credit requirement? |
| A. | moneylender |
| B. | RBI |
| C. | nabard |
| D. | Foreign bank |
| Answer» B. RBI | |
| 95. |
Reserve Bank of India does not fix which of the following rates? |
| A. | Bank rate |
| B. | reverse repo rate |
| C. | income tax rate |
| D. | repo rate |
| Answer» D. repo rate | |
| 96. |
'World Development Report' is the publication of which of the following organization? |
| A. | international monetary fund |
| B. | World Trade Organization |
| C. | World Bank |
| D. | UNCTAD |
| Answer» D. UNCTAD | |
| 97. |
There are different categories of commercial banks in India, which one does not come under the category of commercial banks? |
| A. | private bank |
| B. | nationalized bank |
| C. | Cooperative bank |
| D. | commodity bank |
| Answer» E. | |
| 98. |
In India, the central bank business function is performed by which bank? |
| A. | Reserve Bank of India |
| B. | State Bank of India |
| C. | United Bank Of India |
| D. | Union Bank of India |
| Answer» B. State Bank of India | |
| 99. |
Where is the headquarters of World Bank? |
| A. | in Washington D.C. |
| B. | in Geneva |
| C. | in The Hague |
| D. | in paris |
| Answer» B. in Geneva | |
| 100. |
With which of the following was the Sahakaria Samiti related? |
| A. | industrial production improvement |
| B. | direct tax reform |
| C. | center state relations |
| D. | railway fare reform |
| Answer» D. railway fare reform | |