MCQOPTIONS
Saved Bookmarks
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. |
The loan values in Retail banking generally range between: |
| A. | Rs.20,000-Rs.One crore |
| B. | Rs. One crore - Rs. Ten crore |
| C. | Depends on each Bank |
| D. | Up to Rs.1,00,000 only5)All the above |
| Answer» B. Rs. One crore - Rs. Ten crore | |
| 2. |
The bank which has launched a voice recognition service to identify and authenticate customers – |
| A. | IDBI |
| B. | HDFC |
| C. | HSBC |
| D. | AXIS5)ICICI |
| Answer» D. AXIS5)ICICI | |
| 3. |
The annual remuneration on nonexecutive director of private banks fixed by the RBI recently – |
| A. | 10 lakhs |
| B. | 20 lakhs |
| C. | 30 lakhs |
| D. | 40 lakhs5)None of these |
| Answer» B. 20 lakhs | |
| 4. |
In Call money markets _______ are allowed to trade: |
| A. | Only Banks |
| B. | Only Primary dealers |
| C. | Mutual funds |
| D. | All of the above5)None |
| Answer» B. Only Primary dealers | |
| 5. |
The aim of a Balanced Mutual Fund is: |
| A. | Growth or Price appreciation |
| B. | Regular Income (dividends) |
| C. | Investment Both in a growth and regular fund balancing the risk |
| D. | Investing both in shares u0026 Bank deposits5)None of the above |
| Answer» D. Investing both in shares u0026 Bank deposits5)None of the above | |
| 6. |
Net Working Capital means: |
| A. | Current Assets only |
| B. | Current Assets minus Current Liabilities |
| C. | Capital plus Reserves minus Intangible Assets |
| D. | Current Assets minus Stocks5)None of these |
| Answer» C. Capital plus Reserves minus Intangible Assets | |
| 7. |
The Indian insurance Company granted permission to start operations in Bangladesh recently: |
| A. | LIC of India |
| B. | Oriental Insurance company |
| C. | United India Insurance company |
| D. | All of the above5)None of these |
| Answer» B. Oriental Insurance company | |
| 8. |
The Indian scheme ranked as the world's largest public works programe by the world bank |
| A. | Deen Dayal Upadhyaya Gram Jyoti Yojana |
| B. | MGNREGA |
| C. | Janani Suraksha Yojana |
| D. | National Pension System5)Pradhan Mantri Adarsh Gram Yojana |
| Answer» C. Janani Suraksha Yojana | |
| 9. |
The reserve Bank of India will be assisting banks as a temporary measure, by providing additional liquidity support under LAF. What is the full form of LAF? |
| A. | Loan Adjustment Fund |
| B. | Liquidity Adjustment Facility |
| C. | Long Awaited Funds |
| D. | Loan against Funds5)None of these |
| Answer» C. Long Awaited Funds | |
| 10. |
The Gilt-Edged security market is the market for which of the following? |
| A. | Market for trading in gold |
| B. | Market for trading in sliver |
| C. | Market for government securities |
| D. | Market for industrial securities5)All the above |
| Answer» D. Market for industrial securities5)All the above | |
| 11. |
The IT firm which has launched, BaNCS Digital, specifically for American retail banks: |
| A. | Infosys |
| B. | Reliance |
| C. | TCS |
| D. | Mahendra5)None of these |
| Answer» D. Mahendra5)None of these | |
| 12. |
The stake the RBI has allowed banks to acquire in companies defaulting after restructuring of their loans upto: |
| A. | 81 percent |
| B. | 61 percent |
| C. | 51 percent |
| D. | 41 percent5)None of these |
| Answer» C. 51 percent | |
| 13. |
The international bank which has announced to cut up to 50,000 jobs globally |
| A. | IDBI |
| B. | HDFC |
| C. | HSBC |
| D. | AXIS5)ICICI |
| Answer» D. AXIS5)ICICI | |
| 14. |
What is the rate of penalty applicable for payment of term deposit Pre maturely to legal heirs of a decreased customer on the request of the legal heirs? |
| A. | 1% less than applicable rate for the period of deposit |
| B. | 1% less than the rate mentioned in the receipt |
| C. | No penalty is to be applied |
| D. | As per discretion of Branch Manager5)None of these |
| Answer» D. As per discretion of Branch Manager5)None of these | |
| 15. |
A person introducing an account to a bank is liable for |
| A. | Establishing proper identity of the account holder only and no financial accountability in casenof any fraud etc. |
| B. | Making good the loss that the account holder may cause |
| C. | Ensuring that the customer maintains the account properly |
| D. | Tracing the account holder as an when bank desires5)None of these |
| Answer» B. Making good the loss that the account holder may cause | |
| 16. |
The Financial Results of the banks and other organisations normally are expressed in quarters. What does Q-I mean? |
| A. | Results of January-March |
| B. | Performance during April- June |
| C. | The period when the profits are highest |
| D. | Period where the turnover is more5)The period when the profits are highest |
| Answer» C. The period when the profits are highest | |
| 17. |
Who is the regulator of payment and settlement system in India? |
| A. | SEBI |
| B. | IRDA |
| C. | RBI |
| D. | Central Government5)None of these |
| Answer» D. Central Government5)None of these | |
| 18. |
Which of the following organizations/ agencies frame the Monetary and Credit Policy which is followed by all banks in India? |
| A. | Indian Bank's Association |
| B. | Reserve Bank of India |
| C. | Securities u0026 Exchange Board of India |
| D. | Government of India5)Sinking fund |
| Answer» C. Securities u0026 Exchange Board of India | |
| 19. |
Asia's oldest stock exchange which completed 140 years of operations on 2015 July 9? |
| A. | NSE |
| B. | Hyderabad Stock Exchange |
| C. | BSE |
| D. | Madras Stock Exchange5)None of these |
| Answer» D. Madras Stock Exchange5)None of these | |
| 20. |
llongeis |
| A. | A piece of paper for making endorsements |
| B. | A piece of paper attached to a negotiable instrument for making available more space for further endorsements |
| C. | Both a and b |
| D. | Duplicate DD issued to a customer5)Bill payable after sight |
| Answer» C. Both a and b | |
| 21. |
An asset, including a leased asset, becomes non-performing when: |
| A. | It ceases to generate income for the bank |
| B. | A performance Guarantee issued by the bank on behalf of the borrower is invoked |
| C. | It is rendered useless due to wear and tear or its becoming obsolete |
| D. | The borrower dies5)None of the above |
| Answer» B. A performance Guarantee issued by the bank on behalf of the borrower is invoked | |
| 22. |
Counter guarantee means a guarantee obtained: |
| A. | By bank from customers on whose behalf the banks have to issue guarantees in favour of third parties, such as government department, Public bodies, Corporations etc. |
| B. | By banks from ECGC covering export risk |
| C. | By banks from the beneficiary of the guarantee in whose favour the guarantee is to be issued |
| D. | A guarantee issued to the guarantor5)None of the above |
| Answer» B. By banks from ECGC covering export risk | |
| 23. |
PAN number is required for all transactions above: |
| A. | Rs. 25,000 |
| B. | Rs. 50,000 |
| C. | Rs. 1 lakh |
| D. | Rs. 10 lakh5)No such restriction |
| Answer» C. Rs. 1 lakh | |
| 24. |
Which is the only continent through which all three main latitude lines - Equator, Tropic of Cancer and Tropic of Capricorn - passes ? |
| A. | Asia |
| B. | Africa |
| C. | Europe |
| D. | South America |
| Answer» C. Europe | |
| 25. |
Which European country is known as the 'Land of a thousand lakes' ? |
| A. | Denmark |
| B. | Sweden |
| C. | Norway |
| D. | Finland |
| Answer» E. | |
| 26. |
Which gas is commonly known as 'Laughing Gas' ? |
| A. | Ozone |
| B. | Methane |
| C. | Nitrous Oxide |
| D. | Carbon dioxide |
| Answer» D. Carbon dioxide | |
| 27. |
Which is the nearest star to the Sun ? |
| A. | Proxima Centauri |
| B. | Alpha Centauri A |
| C. | Alpha Centauri B |
| D. | Bernard's Star |
| Answer» B. Alpha Centauri A | |
| 28. |
undiis a |
| A. | Draft |
| B. | Cheque |
| C. | Bill of exchange |
| D. | Promissory note5)None of these |
| Answer» D. Promissory note5)None of these | |
| 29. |
Arabica, Robusta and Liberica are the varieties of which popluar beverage ? |
| A. | Tea |
| B. | Coffee |
| C. | Yoghurt |
| D. | Lemonade |
| Answer» C. Yoghurt | |
| 30. |
Which Indian classical dance form, native of Andhra Pradesh, was developed by Siddhendra Yogi from Bhamakalapam dance drama ? |
| A. | Odissi |
| B. | Kathakali |
| C. | Bharatanatyam |
| D. | Kuchipudi |
| Answer» E. | |
| 31. |
A difference of 1 degree in longitude at the Equator is equivalent to nearly: |
| A. | 101 km |
| B. | 111 km |
| C. | 121 km |
| D. | 125 km |
| Answer» C. 121 km | |
| 32. |
Who was the first law minister of independent India ? |
| A. | Vallabhbhai Patel |
| B. | Rafi Ahmed Kidwai |
| C. | B.R.Ambedkar |
| D. | Maulana Abul Kalam Azad |
| Answer» D. Maulana Abul Kalam Azad | |
| 33. |
Who wrote the 'Das Capital', an extensive treatise on political economy ? |
| A. | Karl Marx |
| B. | Friedrich Engles |
| C. | Leo Tolstoy |
| D. | Maxim Gorky |
| Answer» B. Friedrich Engles | |
| 34. |
Who signs one rupee currency note of India ? |
| A. | RBI Governor |
| B. | Finance Secretary |
| C. | Finance Minister |
| D. | President |
| Answer» C. Finance Minister | |
| 35. |
Where is the headquarters of the National Institute of Oceanography located ? |
| A. | Dona Paula (Goa) |
| B. | Kochi (Kerala) |
| C. | Mumbai (Maharashtra) |
| D. | Visakhapatnam (Andhra Pradesh) |
| Answer» B. Kochi (Kerala) | |
| 36. |
The Secretary-General of UN is appointed by the: |
| A. | Security Council |
| B. | Trusteeship Council |
| C. | General Assembly |
| D. | World Bank |
| Answer» D. World Bank | |
| 37. |
Sandal Wood trees are mostly found in ............ |
| A. | Trophical Evergreen Forests |
| B. | Tropical most Decidous |
| C. | Alpine forests |
| D. | Trophical Thorn Forests |
| Answer» E. | |
| 38. |
Which of the following countries is a land locked country in South America? |
| A. | Ecuador |
| B. | Peru |
| C. | Uruguay |
| D. | Bolivia |
| Answer» E. | |
| 39. |
Postal Voting is otherwise called: |
| A. | external voting |
| B. | secret voting |
| C. | plural voting |
| D. | proxy voting |
| Answer» E. | |
| 40. |
Canary Islands belongs to: |
| A. | Norway |
| B. | Spain |
| C. | New Zealand |
| D. | Portugal |
| Answer» C. New Zealand | |
| 41. |
The Common Wealth of Independent states (CIS) consists of .......... republics. |
| A. | 10 |
| B. | 11 |
| C. | 12 |
| D. | 13 |
| Answer» D. 13 | |
| 42. |
Who invented Radar |
| A. | Henrey Backquerel |
| B. | Max Planck |
| C. | Robert Watson Watt |
| D. | Humphrey Davy |
| Answer» D. Humphrey Davy | |
| 43. |
Which of the following harbours is considered as the world's finest natural harbor? |
| A. | Sydney harbour |
| B. | Toronto harbour |
| C. | New Jersy harbour |
| D. | Singapore harbour |
| Answer» B. Toronto harbour | |
| 44. |
Titan is the largest natural satellite of planet: |
| A. | Mercury |
| B. | Venus |
| C. | Saturn |
| D. | Neptune |
| Answer» D. Neptune | |
| 45. |
The Common Wealth Games 2002 held in: |
| A. | Toranto |
| B. | Manchester |
| C. | Tokyo |
| D. | Canberra |
| Answer» C. Tokyo | |
| 46. |
The General Assembly of United Nations meets: |
| A. | Once a year |
| B. | twice a year |
| C. | thrice a year |
| D. | Once in five years |
| Answer» B. twice a year | |
| 47. |
New York is situated on the river: |
| A. | Hudson |
| B. | Thames |
| C. | Danube |
| D. | Tigris |
| Answer» B. Thames | |
| 48. |
TheKiller Instinctis written by: |
| A. | Sulakshan Mohan |
| B. | M.K.Santanam |
| C. | O.P.Sabharwal |
| D. | Subash Jain |
| Answer» D. Subash Jain | |
| 49. |
All India Radio commenced operations in: |
| A. | 1926 |
| B. | 1936 |
| C. | 1945 |
| D. | 1947 |
| Answer» C. 1945 | |
| 50. |
he Woman of the Millenniumselected by the British Broadcasting Corporation (BBC) is: |
| A. | Margaret Thacher |
| B. | Hillary Clinton |
| C. | Chandrika Kumaratunga |
| D. | Indira Gandhi |
| Answer» E. | |