MCQOPTIONS
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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.
| 151. |
What is the Cash Reserve Ratio (CRR) at present ? |
| A. | 0.04 |
| B. | 4•5% |
| C. | 0.05 |
| D. | 5•5% |
| E. | None of these |
| Answer» F. | |
| 152. |
Constitution of India came into effect on: |
| A. | 1/26/1950 12:00:00 AM |
| B. | 26 Nov. 1949 |
| C. | 20 Nov. 1950 |
| D. | 1/20/1949 12:00:00 AM |
| Answer» B. 26 Nov. 1949 | |
| 153. |
A Badminton player is supposed to know the meaning of the term— |
| A. | Bouncer |
| B. | Love |
| C. | LBW |
| D. | Punch |
| E. | Booster |
| Answer» C. LBW | |
| 154. |
Many people talk about the roll back of stimulus packages provided last year by the Govt. of India to help certain sectors. If these stimulus packages are rolled back, this would mean that— those who have availed these benefits would be required to return them to the Govt. of India. no such incentive would be available henceforth to these sectors. all such benefits/incentives would be available to all the people across the country and will not be restricted to some selected few. |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | Only 1 and 3 |
| E. | Only 2 and 3 |
| Answer» D. Only 1 and 3 | |
| 155. |
When is Income tax required to be deducted by the banks at source on interest accrued and paid by them on the fixed deposits? When the…………… |
| A. | amount of interest accrued/payable is more than Rs. 5000 p. a. |
| B. | amount of interest accrued/payable is more than Rs. 10000 p. a. |
| C. | Interest is more than Rs. 20,000 p. a. |
| D. | customer is not valuable to the bank |
| E. | None of these |
| Answer» B. amount of interest accrued/payable is more than Rs. 10000 p. a. | |
| 156. |
Shri Nitish Kumar who won the recent elections held in Bihar is from which of the following parties ? |
| A. | Congress (I) |
| B. | BSP |
| C. | JD (U) |
| D. | Communist Party of India |
| E. | None of these |
| Answer» D. Communist Party of India | |
| 157. |
Which the following countries released five Indian fishermen who were sentenced to death in a case of alleged drug trafficking? |
| A. | Bangladesh |
| B. | Iran |
| C. | Pakistan |
| D. | Sri Lanka |
| Answer» E. | |
| 158. |
Which of the following is the most’ essential financial service which should be provided to the poor people to bring them in the network of financial inclusion? |
| A. | Insurance for life |
| B. | Investment plan for future |
| C. | Pension for old age |
| D. | A bank account where he/she can save small amount |
| E. | Health insurance for minor illnesses and hospitalisation in case of need |
| Answer» E. Health insurance for minor illnesses and hospitalisation in case of need | |
| 159. |
What is the extent of claim that can be entertained by a Lok Adalat ? |
| A. | Up to lakhs |
| B. | Up to 10 lakhs |
| C. | Up to 20 lakhs |
| D. | Up to 50 lakhs |
| E. | No limit |
| Answer» B. Up to 10 lakhs | |
| 160. |
Who among the following signed the Treaty of Bassein in 1802 with the British East India Company ? |
| A. | Baji Rao II |
| B. | Baji Rao I |
| C. | Sultan Bahadur |
| D. | None of the above |
| Answer» B. Baji Rao I | |
| 161. |
Oscar-winning Director Richard Attenborough died at 90 recently. He is known for his film |
| A. | Titanic |
| B. | Gandhi |
| C. | Jurassic Park |
| D. | Terminator |
| Answer» C. Jurassic Park | |
| 162. |
The Supreme Court of which of the following countries has nullified the internationally recognised incumbent elected govt? The parliament of the country has rejected the court ruling. |
| A. | Yemen |
| B. | Syria |
| C. | Libya |
| D. | Lebanon |
| Answer» D. Lebanon | |
| 163. |
The Finance Minister Arun Jaitley has expressed confidence that direct tax collection would exceed budget target of _________in the current financial year. |
| A. | Rs 8.11 lakh cr |
| B. | Rs 7.86 lakh cr |
| C. | Rs 7.36 lakh cr |
| D. | Rs 7.13 lakh cr |
| Answer» D. Rs 7.13 lakh cr | |
| 164. |
Which amongst the following countries is not a member of the TAPI pipe line project, which was in news recently? |
| A. | India |
| B. | Afghanistan |
| C. | Portugal |
| D. | Pakistan |
| E. | Turkmenistan |
| Answer» D. Pakistan | |
| 165. |
Participating at the Lima climate talks, India insisted on early financing of the Green Climate Fund (GCF) which was established in order to assist developing countries with a proposed _______budget. |
| A. | USD 40 bn |
| B. | USD 100 bn |
| C. | USD 120 bn |
| D. | USD 150 bn |
| Answer» C. USD 120 bn | |
| 166. |
Which one of the following have provided bailout package to Ireland to deal with its debt crisis ? |
| A. | EU only |
| B. | IMF only |
| C. | World Bank only |
| D. | Only (A) and (B) above |
| E. | All (A), (B) and (C) above |
| Answer» E. All (A), (B) and (C) above | |
| 167. |
Which of the following schemes is not launched by the Govt. of India ? |
| A. | Mid Day Meal Scheme |
| B. | Rural Health Mission |
| C. | Programme for Control of Blindness |
| D. | Jeevan Anurag |
| E. | ASHA |
| Answer» F. | |
| 168. |
The Prime Minster Narendra Modi launched Pandit Deendayal Upadhyay Shramev Jayate Karyakram on 16 Oct. Which of the following is NOT a highlight of the scheme? |
| A. | A unified Labour Identification Number (LIN) for simplifying business regulations and securing transparency. |
| B. | Portability through Universal Account Number (UAN) for Employees' Provident Fund members. |
| C. | An Apprentice Protsahan Yojana flagged off under which 50 per cent support for training in MSMEs will be provided by the labour ministry. |
| D. | None of these |
| Answer» E. | |
| 169. |
Which of the following companies is not in the field of insurance business ? |
| A. | ICICI Prudential |
| B. | Bajaj Allianz |
| C. | Tata AIG |
| D. | AEGON Religare |
| E. | Royal Orchid |
| Answer» F. | |
| 170. |
Which one of the following banks has decided not to accept bulk deposits for a while ? |
| A. | SBI |
| B. | ICICI |
| C. | HDFC |
| D. | Yes Bank |
| E. | None of these |
| Answer» B. ICICI | |
| 171. |
Which of the following is true about the Sudanese Civil War which is going on since last several years ? The war started in 2003 when the Sudan Liberation Movement Army and some others took up arms against the Govt. of Sudan. The main accusation was that the Govt. is involved in genocide of blacks in favour of Arabs. The main cause of the war is Govt.’s support to European Nations and non willingness to join OPEC. The other party feels Sudan should play active role in OPEC as it is one of the main oil producing nations. |
| A. | Only 1 and 2 |
| B. | Only 2 and 3 |
| C. | Only 3 |
| D. | All 1, 2 and 3 |
| E. | None of these |
| Answer» B. Only 2 and 3 | |
| 172. |
The Mars Orbiter Mission probe lifted-off from the First Launch Pad at Satish Dhawan Space Centre SHAR, Sriharikota. It is located in which Indian state ? |
| A. | Gujarat |
| B. | Odisha |
| C. | Karnataka |
| D. | Andhra Pradesh |
| Answer» E. | |
| 173. |
Which of the following is true about Value Added Tax (VAT) ? It is a consumption tax levied on value added to the product on every stage of its production. VAT is levied by the Union Govt. and only a small part goes to State Govts. The income tax on retailers is now decided on the basis of their VAT collection in a year. |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | All 1, 2 and 3 |
| E. | None of these |
| Answer» B. Only 2 | |
| 174. |
‘White Tiger’ is a book written by— |
| A. | R. K. Narayanan |
| B. | Shobha De |
| C. | Khushwant Singh |
| D. | Arundhati Roy |
| E. | Aravind Adiga |
| Answer» F. | |
| 175. |
Which of the following terms is not used in banking ? |
| A. | Debit Card |
| B. | Credit Card |
| C. | Kisan Card |
| D. | ELISA Test |
| E. | None of these |
| Answer» E. None of these | |
| 176. |
Which one of the following is the objective of Corporate Social Responsibility (CSR) issued by the Government ? |
| A. | To ensure that Companies take steps for rehabilitation of project affected people |
| B. | To ensure that Companies use some of their profits for educating the project affected people |
| C. | To ensure that Companies provide health care to project affected people |
| D. | To ensure that Companies take preventive measures to avoid environmental damage |
| E. | None of these |
| Answer» B. To ensure that Companies use some of their profits for educating the project affected people | |
| 177. |
As per recent newspaper reports, India’s public debt rises 2•8 per cent to Rs. 28 lakh crore. Which one of the following is the reason that has forced commercial banks to buy Government securities ? |
| A. | Lack of credit growth |
| B. | Increase in credit growth |
| C. | Raising of repo rate |
| D. | Raising of reverse repo rate |
| E. | None of these |
| Answer» B. Increase in credit growth | |
| 178. |
Who amongst the following became the first woman pilot in the world to fly MIG-35 fighter plane ? |
| A. | Suman Sharma |
| B. | Saudamini Deshmukh |
| C. | Kirsty Moore |
| D. | Nicole Malachowski |
| E. | None of these |
| Answer» B. Saudamini Deshmukh | |
| 179. |
As per the decision taken by the Govt. of India, all new players using spectrum band for providing 3-G spectrum mobile service to its customers will have to pay a part of their annual revenue as spectrum charges to the Govt. of India. What is that charge in terms of percentage ? |
| A. | 0.01 |
| B. | 1•5% |
| C. | 0.03 |
| D. | 2•5% |
| E. | None of these |
| Answer» B. 1•5% | |
| 180. |
Which of the following States won the National Hockey Championship 2011 ? |
| A. | Karnataka |
| B. | Haryana |
| C. | Punjab |
| D. | Maharashtra |
| E. | Kerala |
| Answer» C. Punjab | |
| 181. |
Which of the following is a famous Pharma Company in India ? |
| A. | HCL |
| B. | BPCL |
| C. | IDPL |
| D. | Infosys Technology |
| E. | Grasim Industries |
| Answer» D. Infosys Technology | |
| 182. |
Which of the following agencies/organizations is closely associated with the functioning of the banking and finance companies in India ? |
| A. | UNESCO |
| B. | WTO |
| C. | SEBI |
| D. | UGC |
| E. | CBFC |
| Answer» D. UGC | |
| 183. |
Polio is caused by a— |
| A. | Fungus |
| B. | Bacteria |
| C. | Virus |
| D. | Either (A) or (B) |
| E. | None of these |
| Answer» D. Either (A) or (B) | |
| 184. |
Who amongst the following was chosen for the award of Hoover Medal 2008 for his/her contribution to upliftment of poor and rural people ? |
| A. | Shri Rahul Gandhi |
| B. | Dr. A. P. J. Abdul Kalam |
| C. | Mrs. Sonia Gandhi |
| D. | Dr. Manmohan Singh |
| E. | None of these |
| Answer» C. Mrs. Sonia Gandhi | |
| 185. |
Which one is known as Lower House ? |
| A. | Lok Sabha |
| B. | Rajya sabha |
| C. | Vidhan Sabha |
| D. | Vidhan Parishad |
| Answer» B. Rajya sabha | |
| 186. |
The Supreme Court declared which of the following tribunals as unconstitutional recently? The apex court said that the Act passed by Parliament in 2005 encroaches upon the power of higher judiciary. |
| A. | National Tax Tribunal |
| B. | Telecom Disputes Settlement and Appellate Tribunal |
| C. | Securities Appellate Tribunal |
| D. | Appellate Tribunal for Electricity |
| Answer» B. Telecom Disputes Settlement and Appellate Tribunal | |
| 187. |
Retail investors made Rs. 1•9 lakh crore in market rally, was the news in some major financial newspapers recently. The term ‘Retail investors’, as used in this headline, means which of the following types of stock market investors ? |
| A. | Promoters of Companies |
| B. | Individuals |
| C. | Foreign Institutional Investors |
| D. | Mutual Funds |
| E. | Corporate Bodies |
| Answer» C. Foreign Institutional Investors | |
| 188. |
Who amongst the following has taken over as the new Chief of the Armed Forces ? |
| A. | Pradeep V. Naik |
| B. | V. K. Singh |
| C. | Suresh Mehta |
| D. | Deepak Kapoor |
| E. | None of these |
| Answer» C. Suresh Mehta | |
| 189. |
Which of the following organisation/agencies is specifically set up to boost overall rural development in India. |
| A. | RBI |
| B. | SIDBI |
| C. | NABARD |
| D. | SEBI |
| E. | None of these |
| Answer» D. SEBI | |
| 190. |
Who was the Chairman of the Draft Committee of the Constituent Assembly ? |
| A. | Dr. B. R. Ambedkar |
| B. | K. M. Munshi |
| C. | Jagjivan Ram |
| D. | None of the above |
| Answer» B. K. M. Munshi | |
| 191. |
VAT stands for- |
| A. | Value And Tax |
| B. | Value Added Tax |
| C. | Virtual Action Tasks |
| D. | Virtual Assessment Technique |
| E. | None of these |
| Answer» C. Virtual Action Tasks | |
| 192. |
Which of the following is the host city of Olympic 2012 ? |
| A. | Dhaka |
| B. | Moscow |
| C. | Paris |
| D. | Athens |
| E. | London |
| Answer» F. | |
| 193. |
Which of the following has given, Aadhaar' as its new brand name ? |
| A. | UIDAI |
| B. | Sports Ministry, GOI |
| C. | Ministry of Tourism, GOI |
| D. | NHAI |
| E. | None of these |
| Answer» B. Sports Ministry, GOI | |
| 194. |
In the Parliament of India Upper House in known as ? |
| A. | Lok Sabha |
| B. | Rajya Sabha |
| C. | Council of States |
| D. | None of the above |
| Answer» C. Council of States | |
| 195. |
Which of the following is not a foodgrain ? |
| A. | Paddy |
| B. | Jowar |
| C. | Bajra |
| D. | Maize |
| E. | Isabgol |
| Answer» F. | |
| 196. |
Goodluck Jonathan whose name was in news recently is from which of the following countries ? |
| A. | Kenya |
| B. | Uganda |
| C. | Nigeria |
| D. | Sudan |
| E. | None of these |
| Answer» D. Sudan | |
| 197. |
The people who open their accounts under Pradhan Mantri Jan Dhan Yojana before Jan 26, 2015, will get __________life insurance cover from LIC of India. |
| A. | Rs 20,000 |
| B. | Rs 25,000 |
| C. | Rs 30,000 |
| D. | Rs 40,000 |
| Answer» D. Rs 40,000 | |
| 198. |
Under Constitutional Article 343, which is the official language of the Union ? |
| A. | Urdu |
| B. | Hindi |
| C. | English |
| D. | b & c |
| Answer» E. | |
| 199. |
‘The child is very lovely.’ Change to Exclamatory sentence. |
| A. | How lovely the child is! |
| B. | What a lovely child ! |
| C. | oh! very lovely the child is ! |
| D. | None of these |
| Answer» D. None of these | |
| 200. |
Who amongst the following has recently received the Highest Civilian Honour of France ? |
| A. | Kareena Kappor |
| B. | A. R. Rahman |
| C. | Javed Akhtar |
| D. | Lata Mangeshkar |
| E. | None of these |
| Answer» E. None of these | |