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.
| 2851. |
The International Development Association (IDA) is an international financial institution which offers concessional loans and grants to the world's poorest developing countries. It is headquartered in [SBI Clerk 2016] |
| A. | Washington DC, US |
| B. | Vienna, Austria |
| C. | New York, US |
| D. | New Delhi, India |
| E. | Berlin, Germany |
| Answer» B. Vienna, Austria | |
| 2852. |
Inward remittances by foreign steamship and airlines companies to finance their operating expenses in the country are shown under |
| A. | the credit side of the current account of balance of payment |
| B. | the debit side of the current account of balance of payment |
| C. | the credit side of the capital account of balance of payment |
| D. | the debit side of the capital account of balance of payment |
| E. | None of the above |
| Answer» C. the credit side of the capital account of balance of payment | |
| 2853. |
Foreign Direct Investment (FDI) is investment directly into production in a country by a company located in another country, then which one of the following modes is correct about the FDI? |
| A. | Buying a company in the target country |
| B. | Expanding operations of an existing business in that country |
| C. | Investing in the shares and stocks of a company in the target country |
| D. | Both a and b |
| E. | All of the above |
| Answer» E. All of the above | |
| 2854. |
GDP at factor cost is |
| A. | GDP minus indirect taxes plus subsidies |
| B. | GNP minus depreciation allowance |
| C. | NNP plus depreciation allowance |
| D. | GDP minus subsidies plus indirect taxes |
| E. | None of the above |
| Answer» F. | |
| 2855. |
Scheme related to financial inclusion |
| A. | Make in India [UBI PO 2016] |
| B. | Swachh Bharat Abhiyan |
| C. | Atal Pension Yojana |
| D. | Pradhan Mantri Jan Dhan Yojana |
| E. | Startup Standup India |
| Answer» E. Startup Standup India | |
| 2856. |
NTTI stands for [SBI Clerk 2016] |
| A. | National Inter Transforming India |
| B. | National Institution for Trend India |
| C. | National Institution for Transforming India |
| D. | National Inter Trend of India |
| E. | New Institution for Transforming India |
| Answer» D. National Inter Trend of India | |
| 2857. |
Skill development scheme is [SBI Clerk 2016] |
| A. | PMKVY |
| B. | PMRYI |
| C. | PMSJY |
| D. | PMSY |
| E. | PMNY |
| Answer» B. PMRYI | |
| 2858. |
How many rural houses will cover under Housing to all by 2022? [SBI PO 2016] |
| A. | 1 crore |
| B. | 2.5 crore |
| C. | 2.9 crore |
| D. | 3.8 crore |
| E. | 3.9 crore |
| Answer» D. 3.8 crore | |
| 2859. |
Which of the following is a skill development scheme for minority youth? [RBI Grade B 2015] |
| A. | Nai Manzil |
| B. | Swabhiman |
| C. | Odisha |
| D. | Jiyo Parsi |
| E. | Other than those given as options |
| Answer» B. Swabhiman | |
| 2860. |
The HRIDAY scheme has been launched by the government of India in January, 2015 with the aim of holistic development of [RBI Grade B 2015] |
| A. | IT/its outsourcing cities |
| B. | special economic zones |
| C. | heritage cities |
| D. | industrial cities |
| E. | medical tourism centres |
| Answer» D. industrial cities | |
| 2861. |
The newly launched PMKSY scheme with an allocation of ` 50000 crore spread over a period of five years, aims to achieve a holistic development [RBI Grade B 2015] |
| A. | rural housing |
| B. | village infrastructure |
| C. | health and sanitation |
| D. | road and rail network |
| E. | irrigation and potential |
| Answer» F. | |
| 2862. |
The largest share of Gross Domestic Product (GDP), in India comes from |
| A. | agriculture and allied sector |
| B. | manufacturing and construction |
| C. | service sector |
| D. | defence and public administration |
| E. | defence and allied sector |
| Answer» D. defence and public administration | |
| 2863. |
What is the deadline to achieve all villages electrification under Deen Dayal Upadhyaya Grammen Jyoti Yojana (DDUGJY)? [RBI Grade B 2015] |
| A. | March 31, 2016 |
| B. | October 2, 2016 |
| C. | March 31, 2017 |
| D. | October 2, 2017 |
| E. | March 31, 2018 |
| Answer» D. October 2, 2017 | |
| 2864. |
PMSBY Scheme [IBPS Clerk 2015] |
| A. | Educational Scheme |
| B. | Housing Scheme |
| C. | Rural Development Scheme |
| D. | Pension Scheme |
| E. | Accidental Insurance Cover Scheme |
| Answer» F. | |
| 2865. |
Female literacy rate according to 2011 census [IBPS Clerk 2015] |
| A. | 64.6% |
| B. | 74.04% |
| C. | 79% |
| D. | 82.4% |
| E. | 85.3% |
| Answer» B. 74.04% | |
| 2866. |
PM Narendra Modi launched Deen Dayal Upadhyaya Gram Jyoti Yojana in [SBI PO 2015] |
| A. | Bengaluru |
| B. | New Delhi |
| C. | Patna |
| D. | Varanasi |
| E. | Bhopal |
| Answer» D. Varanasi | |
| 2867. |
The Union Government on June, 2015 decided to increase the number of workdays under Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) from 100 days to ......... days in drought affected areas of the country. [SBI PO 2015] |
| A. | 110 |
| B. | 125 |
| C. | 150 |
| D. | 200 |
| E. | 225 |
| Answer» D. 200 | |
| 2868. |
Age limit for Pradhan Mantri Suraksha Bima Yojana is [SBI PO 2015] |
| A. | 15-50 yr |
| B. | 20-60 yr |
| C. | 18-70 yr |
| D. | 15-70 yr |
| E. | 15-90 yr |
| Answer» D. 15-70 yr | |
| 2869. |
Make in India Fund ` 1000 crore is under subsidary of [IBPS PO 2015] |
| A. | ICICI Bank |
| B. | SIDBI |
| C. | SBI |
| D. | IDBI |
| E. | RBI |
| Answer» C. SBI | |
| 2870. |
Which of the following is a part of the Core Sector? [SBI Clerk 2014] |
| A. | Textiles |
| B. | Chemicals |
| C. | Real Estate |
| D. | Machine Manufacturing |
| E. | Food Processing |
| Answer» F. | |
| 2871. |
As per Census 2011, the total urban population of India is 377.1 million. The State having the highest urban population of 50.8 million (13.5% of country's urban population), is [IBPS Clerk 2014] |
| A. | Uttarakhand |
| B. | Tamil Nadu |
| C. | Uttar Pradesh |
| D. | Maharashtra |
| E. | Gujarat |
| Answer» E. Gujarat | |
| 2872. |
Many times we read about SHGs in financial newspapers. What is the full form of the term SHGs? [IBPS Clerk 2014] |
| A. | Self Help Groups |
| B. | Other than those given as options |
| C. | Small Help Groups |
| D. | Small Hope in Growths |
| E. | Self Hope Groups |
| Answer» B. Other than those given as options | |
| 2873. |
NNP stands for |
| A. | Net National Product |
| B. | National New Product |
| C. | Net New Product |
| D. | National Net Product |
| E. | Net National Income |
| Answer» B. National New Product | |
| 2874. |
According to the 2011 census, the highest literacy rate is recorded by [IBPS Clerk 2014] |
| A. | Delhi |
| B. | Tripura |
| C. | Mizoram |
| D. | Kerala |
| E. | Goa |
| Answer» E. Goa | |
| 2875. |
The 'Sansad Adarsh Gram Yojana' has been launched on 11th Oct, 2014, the birth anniversary of [IBPS Clerk 2014] |
| A. | Jai Prakash Narayan |
| B. | Shy am Prasad Mukherji |
| C. | Lala Lajpat Rai |
| D. | Deen Dayal Upadhyaya |
| E. | Balraj Madhok |
| Answer» B. Shy am Prasad Mukherji | |
| 2876. |
Under the PMJDY, the government is looking to open at least...... basic bank accounts for unbanked tambles in country. [IBPS Clerk 2014] |
| A. | 7.5 crore |
| B. | 1.8 crore |
| C. | 5.7 crore |
| D. | 3 crore |
| E. | 4.5 crore |
| Answer» B. 1.8 crore | |
| 2877. |
Which of the following is the literacy rate in India as per new data released by the census commission? [SBI Assistant 2012; IBPS Clerk 2015] |
| A. | 60% |
| B. | 68% |
| C. | 70% |
| D. | 75% |
| E. | 83% |
| Answer» E. 83% | |
| 2878. |
Poverty line is expressed in terms of an overall [SBI Associates 2012] |
| A. | per capita income |
| B. | per capita consumption expenditure |
| C. | per capita entertainment expenditure |
| D. | per capita development expenditure |
| E. | per capita GDP |
| Answer» C. per capita entertainment expenditure | |
| 2879. |
Who amongst the following is a Nobel Laureate in Economics? [SBI Associates 2012] |
| A. | Kaushik Basu |
| B. | Subir Gokarn |
| C. | Dr Amartya Sen |
| D. | Montek Singh Ahluwalia |
| E. | C Rangarajan |
| Answer» D. Montek Singh Ahluwalia | |
| 2880. |
Which of the following schemes has been launched by the Government of India to provide banking services in 7300 villages in India? [SBI PO 2012] |
| A. | ASHA |
| B. | Swabhiman |
| C. | Kutir Jyoti |
| D. | RAY |
| E. | Swavalamban |
| Answer» C. Kutir Jyoti | |
| 2881. |
Increased interest rates, as is existing in the economy at present, will [IBPS PO 2012] |
| A. | lead to higher GDP growth |
| B. | lead to lower GDP growth |
| C. | mean higher cost of raw materials |
| D. | mean lower cost of raw materials |
| E. | mean higher wage bill |
| Answer» D. mean lower cost of raw materials | |
| 2882. |
Which of the following is one of the indicators of Human Development Index (HDI)? [RBI Grade B 2011] |
| A. | Life expectancy at birth |
| B. | Total cost of the agricultural land with a family |
| C. | Total area of the agricultural land with a family |
| D. | Availability of perennial source of water for irrigation |
| E. | Nature of employment, casual permanent or semi-permanent |
| Answer» B. Total cost of the agricultural land with a family | |
| 2883. |
Which of the following is one of the measures of economic growth of a country? [RBI Grade B 2011] |
| A. | Volume of direct investment made by foreign countries |
| B. | Number of companies listed on the stock exchanges |
| C. | Gross domestic product of the nation |
| D. | Number of foreign nationals working in a country |
| E. | All of the above |
| Answer» D. Number of foreign nationals working in a country | |
| 2884. |
In India, the National Income is measured on the basis of [RBI Grade B 2011] |
| A. | flow of goods |
| B. | number of employed youth |
| C. | volume of tax collected per annum |
| D. | earning of people working in PSUs and government jobs |
| E. | All of the above |
| Answer» F. | |
| 2885. |
In economic terms, total market value of all final goods and services produced in a country in a given year is known as [RBI Grade B 2011] |
| A. | GNI |
| B. | GDP |
| C. | inflation |
| D. | PPP |
| E. | wealth of a nation |
| Answer» C. inflation | |
| 2886. |
GNP stands for [IBPS PO 2011] |
| A. | Gross National Product |
| B. | Group Net Product |
| C. | Grand Nuclear Process |
| D. | Group Networking Process |
| E. | None of the above |
| Answer» B. Group Net Product | |
| 2887. |
Mixed economy means [IBPS PO 2011] |
| A. | co-existence of small and large industries |
| B. | promoting both agriculture and industries in the economy |
| C. | co-existence of public and private sectors |
| D. | co-existence of the rich and the poor |
| E. | existence of wholesale and retail markets |
| Answer» D. co-existence of the rich and the poor | |
| 2888. |
What is Gross Domestic Product? [IBPS PO 2011] |
| 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 the above |
| Answer» E. None of the above | |
| 2889. |
What is a Green Index? [IBPS PO 2011] |
| A. | It measures the nation's wealth according to GNP per capita |
| B. | It measures the nation's wealth according to GDP per capita |
| C. | It measures the nation's wealth according to provisions of control on greenhouse gases |
| D. | It measures the nation's wealth in terms of coverage of forest area |
| E. | None of the above |
| Answer» D. It measures the nation's wealth in terms of coverage of forest area | |
| 2890. |
Consider the following statements. I. Net national product is the most appropriate method to measure the economic growth of a country. II. Max 0 Lorenz firstly introduced Gross domestic product to measure the economic growth of a country. Which of the statements given above is/are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | Neither I nor II |
| E. | Either I or II |
| Answer» E. Either I or II | |
| 2891. |
Consider the following statements. I. GDP is a better measure or National Income than GNP. II. GNP is always higher than GDP. Which of the statements given above is/are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | Neither I nor II |
| E. | Either I or II |
| Answer» E. Either I or II | |
| 2892. |
Consider the following statements. I. The first attempt to calculate National Income of India was made by Dadabhai Naoroji. II. The first scientific method to calculate National Income of India was made by Prof. VKRV Rao. Which of the statements given above is/are correct? |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | Neither I nor II |
| E. | Either I or II |
| Answer» D. Neither I nor II | |
| 2893. |
The term 'Gross National Happiness' was coined by |
| A. | Amartya Sen |
| B. | Bhutan's King |
| C. | Maqbool Haq |
| D. | European Union |
| E. | Economists of Sweden |
| Answer» C. Maqbool Haq | |
| 2894. |
GDP growth as a measure of development is unreliable because I. it does not include environmental degradation. II. it does not measure growth in incomes. III. it does not measure increase in jobs. Select the correct answer using the codes given below |
| A. | II and III |
| B. | I and II |
| C. | I and III |
| D. | Only III |
| E. | AH of these |
| Answer» D. Only III | |
| 2895. |
Which of the following are included, when calculating GDP by the expenditure method? I. Value of tyres sold by a tyre manufacturer to a car manufacture. II. Amount of imports. III. Amount spent on education by a household. Select the correct answer using the codes given below |
| A. | Only II |
| B. | I and II |
| C. | II and III |
| D. | Only III |
| E. | All of these |
| Answer» D. Only III | |
| 2896. |
Which of the following are signs of an open economy? I. Share of trade in GDP is high. II. GDP and GNP are almost the same. III. Exchange rate is determined by markets. Select the correct answer using the codes given below |
| A. | I and III |
| B. | Only II |
| C. | I and II |
| D. | II and III |
| E. | All of these |
| Answer» B. Only II | |
| 2897. |
Consider the following statements. I. The base year for measuring GDP in India is 2011-12. II. The CSO functions under the Ministry of Statistics and Programme Implementation. III. NSSO is a part of Central Statistical Organisation (CSO). Which of the statements given above is/are correct? |
| A. | II and III |
| B. | Only I |
| C. | I and II |
| D. | I and III |
| E. | All of these |
| Answer» D. I and III | |
| 2898. |
According to the World Bank, which of the following attributes of an economy are that of a 'high income' economy? I. GDP per capita of $ 15000. II. Adult literacy of more than 95%. III. Top 5 countries of the World GDP wise. Select the correct answer using the codes given below |
| A. | Only I |
| B. | Only III |
| C. | I and II |
| D. | I and III |
| E. | II and III |
| Answer» B. Only III | |
| 2899. |
'Pradhan Mantri Gram Sadak Yojana? was launched in |
| A. | December, 2001 |
| B. | December, 2002 |
| C. | December, 2000 |
| D. | December, 2005 |
| E. | December, 2010 |
| Answer» D. December, 2005 | |
| 2900. |
PMKSY stands for |
| A. | Pradhan Mantri Krishi Shiksha Yojana |
| B. | Pradhan Mantri Kisan Shakti Yojana |
| C. | Pradhan Mantri Krishi Sinchai Yojana |
| D. | Pradhan Mantri Kisan Sinchai Yojana |
| E. | None of the above |
| Answer» D. Pradhan Mantri Kisan Sinchai Yojana | |