MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 3653 Mcqs, each offering curated multiple-choice questions to sharpen your Banking And Financial Awareness knowledge and support exam preparation. Choose a topic below to get started.
| 1051. |
Under whose direct supervision is the Lok Sabha secretariat ? |
| A. | Cabinet Secretary |
| B. | Ministry of Parliament affairs |
| C. | Speaker of Lok sabha |
| D. | Prime Minister of India |
| Answer» D. Prime Minister of India | |
| 1052. |
Which of the following schemes/programmes is launched to develop rural infrastrucrure in India? |
| A. | MG National Rural Employment Guarantee Act |
| B. | Bharat Nirman |
| C. | Pradhan Mantri Gram Sadak Yojana |
| D. | Total Sanitation Campaign |
| E. | Indira Awas Yojana |
| Answer» C. Pradhan Mantri Gram Sadak Yojana | |
| 1053. |
Some rural people still prefer to go to which of the following non institutional source for their credit needs ? |
| A. | Micro Finance Institutions |
| B. | Commercial Banks |
| C. | Urban Cooperative Banks |
| D. | Money Lenders |
| E. | None of these |
| Answer» E. None of these | |
| 1054. |
Which of the following terms is used in the field of Banking and Finance ? |
| A. | Accrued interest |
| B. | Assimilation |
| C. | Deviance |
| D. | Diffusion |
| E. | Stagnant population |
| Answer» B. Assimilation | |
| 1055. |
Which of the following extensions of the given acronyms is NOT correct? |
| A. | LAF: Liquidity Adjustment Facility |
| B. | MSF: Marginal Standing Facility |
| C. | CAR: Current Adequacy Ratio |
| D. | GST: Goods and Services Tax |
| Answer» D. GST: Goods and Services Tax | |
| 1056. |
The govt has allowed private companies in the defence sector to sell equipment to state-run entities without prior approval of the defence ministry. At present, what is the FDI cap allowed in the defence sector? |
| A. | 26 per cent |
| B. | 49 per cent |
| C. | 51 per cent |
| D. | 74 per cent |
| Answer» C. 51 per cent | |
| 1057. |
Which Article of the Constitution of India mentioned the posts of the Chairman and Deputy Chairman of Rajya Sabha ? |
| A. | Article 90 |
| B. | Article 89 |
| C. | Article 93 |
| D. | Article 94 |
| Answer» C. Article 93 | |
| 1058. |
The Reserve Bank of India (RBI) has allowed banks to extend loans up to what amount to individuals against long-term infrastructure bonds issued by them? |
| A. | Rs 5 lakh |
| B. | Rs 8 lakh |
| C. | Rs 10 lakh |
| D. | Rs 15 lakh |
| Answer» D. Rs 15 lakh | |
| 1059. |
PM Narendra Modi promised to merge PIO and OCI schemes to facilitate their hassle-free travel to India. While PIO stands for Person of Indian Origin, OCI stands for |
| A. | Other Citizenship of India |
| B. | Overseas Countrymen of India |
| C. | Overseas Citizenship of India |
| D. | Other Countrymen of India |
| Answer» D. Other Countrymen of India | |
| 1060. |
When the loan is granted by a bank for purchase of white goods it is called— |
| A. | Consumption loan |
| B. | White goods loan |
| C. | Consumer durable loan |
| D. | All the above |
| E. | None of these |
| Answer» D. All the above | |
| 1061. |
As per the figures released by the World Bank, which of the following countries was the largest recipient of loans from the World Bank during 2009-10 ? |
| A. | Bangladesh |
| B. | Pakistan |
| C. | Brazil |
| D. | China |
| E. | India |
| Answer» F. | |
| 1062. |
Which of the following organizations provides guarantee to the exporters ? |
| A. | Exim Bank |
| B. | Export Credit Guarantee Corporation |
| C. | Director General Foreign Trade |
| D. | Reserve Bank of India |
| E. | Registrar of companies |
| Answer» C. Director General Foreign Trade | |
| 1063. |
As a measure to check inflation, the RBI on November 2, 2010 increased its short term indicative rates Repo and Reverse Repo by— |
| A. | 25 basis points |
| B. | 50 basis points |
| C. | 75 basis points |
| D. | 100 basis points |
| E. | None of these |
| Answer» B. 50 basis points | |
| 1064. |
‘Pulitzer Prize’ is given in the field of— |
| A. | Literature |
| B. | Social Service |
| C. | Films |
| D. | Science |
| E. | Sports |
| Answer» B. Social Service | |
| 1065. |
‘Kathakali’ is a form of dance drama originated in— |
| A. | Kerala |
| B. | Tamil Nadu |
| C. | Orissa |
| D. | Uttar Pradesh |
| E. | Manipur |
| Answer» B. Tamil Nadu | |
| 1066. |
Manoj Kumar, who was earlier denied the award by the Kapil Dev-led selection committee, has received the prestigious Arjuna Award. The 2010 Commonwealth Games gold-medalist is associated with |
| A. | Wrestling |
| B. | Weightlifting |
| C. | Boxing |
| D. | Shooting |
| Answer» D. Shooting | |
| 1067. |
The Constitution declares India to be a sovereign, socialist, secular, democratic republic, assuring its citizens of justice, equality, and liberty, and endeavors to promote fraternity among them. The words "socialist " and "secular" were added to the definition in year: |
| A. | 1956 |
| B. | 1976 |
| C. | 1970 |
| D. | 1952 |
| Answer» C. 1970 | |
| 1068. |
The Finance Minister has confided that the revenue collection is expected to exceed targets this fiscal. What is the budget estimate for the revenue collection during 2014-15? |
| A. | Rs 11.58 lakh cr |
| B. | Rs 12.35 lakh cr |
| C. | Rs 13.64 lakh cr |
| D. | Rs 14.44 lakh cr |
| Answer» D. Rs 14.44 lakh cr | |
| 1069. |
Which one of the following countries in Europe is facing financial crisis ? |
| A. | Ireland |
| B. | Portugal |
| C. | Rumania |
| D. | Hungary |
| E. | France |
| Answer» E. France | |
| 1070. |
In which one of the following sports Sandhya Rani Devi bagged Silver in Asiad 2010 Games ? |
| A. | Shooting |
| B. | Squash |
| C. | Taekwondo |
| D. | Ten-pin bowling |
| E. | Wushu |
| Answer» F. | |
| 1071. |
Who among the following is not a Cricket Player ? |
| A. | Ashish Nehra |
| B. | James Anderson |
| C. | Shivnarine Chanderpaul |
| D. | Jade Dernbach |
| E. | Vishwanathan Anand |
| Answer» F. | |
| 1072. |
Which of the following is not the meaning of the ‘Bear out’ ? |
| A. | to support |
| B. | to prove to be true |
| C. | to confirm |
| D. | None of these |
| Answer» E. | |
| 1073. |
As we know the RBI is the apex Bank of India, similarly the apex Bank of USA is called— |
| A. | Federal Reserve |
| B. | The Central Bank of USA |
| C. | Bank of America |
| D. | Central National Bank of USA |
| E. | None of these |
| Answer» B. The Central Bank of USA | |
| 1074. |
What is the full form of ‘IMF’ ? |
| A. | Indian Money Fund |
| B. | International Monetary Fund |
| C. | International Money Forum |
| D. | Institute of Money and Finance |
| E. | Indian Monetary Fund |
| Answer» C. International Money Forum | |
| 1075. |
With which one of the following companies, the Cairn India has signed a deal ? |
| A. | ONGC |
| B. | Devon Energy |
| C. | Imperial Oil |
| D. | Vedenta |
| E. | Hindustan Petroleum |
| Answer» E. Hindustan Petroleum | |
| 1076. |
India extended a credit of US $ 250 million to which of the following countries, which will be used for infrastructural development there ? |
| A. | China |
| B. | Pakistan |
| C. | Myanmar |
| D. | Nepal |
| E. | Sudan |
| Answer» E. Sudan | |
| 1077. |
The Teachers’ Day is celebrated in India on 5 Sep which commemorates the birthday of Dr Sarvepalli Radhakhrishnan, while the World Teachers Day is celebrated on |
| A. | 1 Oct |
| B. | 10/5/2015 12:00:00 AM |
| C. | 9 Oct |
| D. | 10/11/2015 12:00:00 AM |
| Answer» C. 9 Oct | |
| 1078. |
Which one of the following sectors in India has attracted highest amount of Foreign Direct Investment during 2009-10 ? |
| A. | Manufacturing |
| B. | Construction |
| C. | Wholesale and Retail Trade |
| D. | Financial Insurance, Real Estate |
| E. | Civil Aviation |
| Answer» C. Wholesale and Retail Trade | |
| 1079. |
Mr. Surjit Patar who was awarded Saraswati Samman recently is a well known poet of— |
| A. | Hindi |
| B. | English |
| C. | Punjabi |
| D. | Urdu |
| E. | Bengali |
| Answer» D. Urdu | |
| 1080. |
The 34th National Game which were postponed several times are scheduled to be held in which of the following states ? |
| A. | Gujarat |
| B. | Kerala |
| C. | Tamil Nadu |
| D. | Uttar Pradesh |
| E. | Jharkhand |
| Answer» F. | |
| 1081. |
India has recently signed a Nuclear Pact with which of the following countries which insists on peaceful use of radioactive minerals (Such minerals are in plenty in that country) ? |
| A. | Mongolia |
| B. | Thailand |
| C. | Bangladesh |
| D. | Sri Lanka |
| E. | None of these |
| Answer» B. Thailand | |
| 1082. |
The tourism department of which of the following states has signed an agreement with UNESCO for promoting and protecting the ancient Spice Route which once connected 31 countries? |
| A. | Goa |
| B. | Tamil Nadu |
| C. | Kerala |
| D. | Karnataka |
| Answer» D. Karnataka | |
| 1083. |
The Union Commerce and Industry Minister, while talking to press expressed his desire that India and USA both should work together for a Comprehensive Economic Partnership Agreement (CEPA). How will this help India ? It is the agreement which allows liberalization of trade in goods by cutting/eliminating tariffs on most or all goods from both the sides. It will help in easing of the flow of investment and special treatment to each other. It will help USA to outsource more jobs to Indian companies and also to employ more Indians without any restriction. |
| A. | Only 1 and 2 |
| B. | Only 1 |
| C. | Only 2 and 3 |
| D. | Only 1 and 3 |
| E. | None of these |
| Answer» E. None of these | |
| 1084. |
Which of the following declarations/treaties was adopted by the BRIC countries recently to promote Global Food Security ? |
| A. | Moscow Declaration |
| B. | Doha Treaty |
| C. | Delhi Declaration |
| D. | Kabul Treaty |
| E. | None of these |
| Answer» B. Doha Treaty | |
| 1085. |
Which of the following Indian airlines has placed orders for 250 latest Airbus A-320 NEO planes worth USD 25.5 bn (Rs 1.55 lakh cr), making it the European manufacturer's biggest ever contract in terms of aircraft numbers? |
| A. | IndiGo |
| B. | Spicejet |
| C. | Jet Airways |
| D. | AirAsia India |
| Answer» B. Spicejet | |
| 1086. |
Which of the following governments has recently informed to its creditors that there may be delays in repayment of loans, it has taken from various agencies/organizations all over the world ? |
| A. | Dubai |
| B. | Japan |
| C. | Sri Lanka |
| D. | Nepal |
| E. | None of these |
| Answer» B. Japan | |
| 1087. |
The Reserve Bank of India has asked all the banks to install ‘Note Sorting Machines’ in the branches. How will this help banks and the general public ? The machines will check for counterfeit notes and drop these from circulation. This will help banks to count the notes quickly and accurately. This will help in sorting out soiled notes so that they are not reissued by the banks. |
| A. | Only 2 |
| B. | Only 1 |
| C. | Only 3 |
| D. | Only 1 and 2 |
| E. | None of these |
| Answer» E. None of these | |
| 1088. |
How is dual economy distinguished from other economies ? It is a mixture of— |
| A. | industrial sector and manufacturing sector |
| B. | traditional agricultural sector and a modern industrial sector |
| C. | state ownership of the means of production in cooperation of foreign organizations |
| D. | industrial sector and trading of goods obtained through imports |
| E. | None of these |
| Answer» C. state ownership of the means of production in cooperation of foreign organizations | |
| 1089. |
Which of the following is the full form of ‘CBS’ as used in banking system ? |
| A. | Corporate Business Strategies |
| B. | Core Banking Solution |
| C. | Common Banking Strategies |
| D. | Common Business Strategies |
| E. | Corporate Banking Solution |
| Answer» C. Common Banking Strategies | |
| 1090. |
Prime Minister of India was recently on a visit to Ethiopia and Tanzania. This means he visited two— |
| A. | European countries |
| B. | African countries |
| C. | Asian countries |
| D. | American countries |
| E. | Middle East countries |
| Answer» C. Asian countries | |
| 1091. |
Miss Leila Lopes who was crowned Miss Universe 2011, is a resident of— |
| A. | Britain |
| B. | Denmark |
| C. | New Zealand |
| D. | Angola |
| E. | Brazil |
| Answer» E. Brazil | |
| 1092. |
Who among the following is a regulator of financial/banking institutes / organizations in India ? |
| A. | Indian Bureau of Standards |
| B. | Life Insurance Corporation of India (LIC) |
| C. | Central Bureau of Investigation |
| D. | Institute of Chartered Accountants of India |
| E. | Reserve Bank of India (RBI) |
| Answer» F. | |
| 1093. |
What is Gross Domestic Product ? |
| A. | It is the cost of production of all final goods and services made in the country |
| B. | It is the cost of services made within the borders of a country in a year |
| C. | It is the market value of all final goods and services made in the country |
| D. | It is the market value of all final goods and services made within the borders of a country in a year |
| E. | None of these |
| Answer» E. None of these | |
| 1094. |
The 2014 Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting will be held from Nov 10 to 11 in which of the following cities? |
| A. | Beijing |
| B. | Sydney |
| C. | Toronto |
| D. | Tokyo |
| Answer» B. Sydney | |
| 1095. |
Rajiv Mehrishi has been appointed as ___________Secretary in the govt of India. |
| A. | Financial Services |
| B. | Revenue |
| C. | Expenditure |
| D. | Economic Affairs |
| Answer» E. | |
| 1096. |
India celebrated which of the following Birth Anniversary of Mahatma Gandhi in October 2009 ? |
| A. | 110 |
| B. | 120 |
| C. | 130 |
| D. | 140 |
| E. | None of these |
| Answer» E. None of these | |
| 1097. |
Who among the following did not serve as the Vice president before becoming president of India ? |
| A. | Dr. S Radhakrishnan |
| B. | Dr. Zakir Hussain |
| C. | Neelam Sanjeeva Reddy |
| D. | R. Venkataraman |
| Answer» D. R. Venkataraman | |
| 1098. |
Who represented Christian Community in Constituent Assembly: |
| A. | HP Modi |
| B. | Frank Anthony |
| C. | Harendra Coomar Mookerjee |
| D. | James Franklin |
| Answer» D. James Franklin | |
| 1099. |
The rate of interest, banks charge to its main/major and prime customers is popularly called as— |
| A. | Risk Premium |
| B. | Prime Lending Rate |
| C. | Repo Rate |
| D. | Reverse Repo Rate |
| E. | Cost of fund |
| Answer» C. Repo Rate | |
| 1100. |
For which one of the following reasons is an amendment in Companies Bill 2009 proposed ? |
| A. | To provide more powers to Department of Company Affairs |
| B. | To provide regulatory powers to Department of Company Affairs |
| C. | To make Indian Accounting Standards applicable with effect from 1.4.2011 |
| D. | To ensure smooth convergence of the Indian Accounting Standards with IFRS |
| E. | None of these |
| Answer» F. | |