MCQOPTIONS
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MCQOPTIONS
This section includes 99 Mcqs, each offering curated multiple-choice questions to sharpen your BANKING AWARENESS knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
Which bank approved loan to help India in improving Rail services? |
| A. | African Development Bank |
| B. | Asian Development Bank |
| C. | BRICS Development Bank |
| D. | World Bank |
| Answer» C. BRICS Development Bank | |
| 52. |
Which is the largest public sector bank in India? |
| A. | Bank of Baroda |
| B. | Canara Bank |
| C. | Central Bank of India |
| D. | State Bank of India |
| Answer» E. | |
| 53. |
Which is the first bank to introduce credit card in India? |
| A. | Canara Bank |
| B. | Central Bank of India |
| C. | Bank of Baroda |
| D. | ICICI Bank |
| Answer» C. Bank of Baroda | |
| 54. |
Which bank launched Mobile Bank Accounts in association with Vodafone's m-paisa? |
| A. | Bank of Baroda |
| B. | HDFC Bank |
| C. | ICICI Bank |
| D. | Punjab National Bank |
| Answer» C. ICICI Bank | |
| 55. |
Which is the first bank to introduce Internet banking? |
| A. | Canara Bank |
| B. | ICICI Bank |
| C. | Punjab National Bank |
| D. | State Bank of India |
| Answer» C. Punjab National Bank | |
| 56. |
Which is the first bank to introduce mutual fund? |
| A. | Bank of Baroda |
| B. | ICICI Bank |
| C. | Punjab National Bank |
| D. | State Bank of India |
| Answer» E. | |
| 57. |
Which is the first bank to introduce cheque system in India? |
| A. | Bengal Bank |
| B. | Bank of Hindustan |
| C. | General Bank of India |
| D. | Presidency Bank |
| Answer» B. Bank of Hindustan | |
| 58. |
Who was the first Indian Governor of RBI? |
| A. | C. D. Deshmukh |
| B. | Benegal Rama Rau |
| C. | R. K. Shanmukham Chetty |
| D. | K. G. Ambegaonkar |
| Answer» B. Benegal Rama Rau | |
| 59. |
Who was the first governor of RBI? |
| A. | James Braid Taylor |
| B. | Mihir Sen |
| C. | Nagendra Singh |
| D. | Osborne Smith |
| Answer» E. | |
| 60. |
Who is the founder of Punjab National Bank? |
| A. | Bal Gangadhar Tilak |
| B. | Bhagat Singh |
| C. | Bipin Chandra Pal |
| D. | Lala Rajpat Rai |
| Answer» E. | |
| 61. |
Which is the first bank to introduce savings account in India? |
| A. | Bank of Hindustan |
| B. | General Bank of India |
| C. | Presidency Bank |
| D. | Bengal Bank |
| Answer» D. Bengal Bank | |
| 62. |
Which is the first Indian bank started solely with Indian capital investment? |
| A. | Canara Bank |
| B. | Central Bank of India |
| C. | Punjab National Bank |
| D. | State Bank of India |
| Answer» D. State Bank of India | |
| 63. |
Which is the first Indian bank to get ISO? |
| A. | Canara Bank |
| B. | Punjab National Bank |
| C. | State Bank of India |
| D. | Central Bank of India |
| Answer» B. Punjab National Bank | |
| 64. |
Which of the following is one of the indications of Human Development Index (HDI)? |
| A. | Life expectancy at birth. |
| B. | Total area of the agricultural land with family |
| C. | Total cost of the agricultural land with family. |
| D. | Nature of employment, casual/permanent or semi permanent. |
| Answer» B. Total area of the agricultural land with family | |
| 65. |
In economic terms, the total market value of all final goods and services produced in a country in a given year is known as |
| A. | GNI |
| B. | Inflation |
| C. | GDP |
| D. | Wealth of Nation |
| Answer» D. Wealth of Nation | |
| 66. |
Which one of the following organizations is established mainly to promote Micro, Small |
| A. | NABARD |
| B. | IDBI |
| C. | SIDBI |
| D. | EXIM Bank |
| Answer» D. EXIM Bank | |
| 67. |
In Banking term NPA means |
| A. | No promise Account |
| B. | New Performing Asset |
| C. | Non Performing Asset |
| D. | Non Personal Account |
| Answer» D. Non Personal Account | |
| 68. |
Invisible export means export of |
| A. | Perishable goods |
| B. | Unrecorded goods |
| C. | Prohibited goods |
| D. | Services |
| Answer» E. | |
| 69. |
Which one of the following statements about globalisation is not correct? |
| A. | Advocates of globalisation argue that it will result in greater economic growth. |
| B. | Critics of globalisation argue that it will result in greater economic disparity. |
| C. | Advocates of globalisation argue that it will result in cultural homogenisation. |
| D. | Critics of globalisation argue that it will result in cultural homogenisation. |
| Answer» E. | |
| 70. |
Which is the first bank established in India? |
| A. | Bank of Calcutta |
| B. | Bank of Hindustan |
| C. | General Bank of India |
| D. | State Bank of India |
| Answer» C. General Bank of India | |
| 71. |
Which of the following is one of the measures of economic growth of a country? |
| 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. |
| Answer» D. Number of foreign nationals working in a country. | |
| 72. |
Which is the first bank to introduce ATM in India? |
| A. | HSBC |
| B. | Standard Chartered Bank |
| C. | State Bank of India |
| D. | United Bank of India |
| Answer» B. Standard Chartered Bank | |
| 73. |
Which bank started the first RRB named Prathama Grameen Bank? |
| A. | Punjab National Bank |
| B. | State Bank of India |
| C. | Syndicate Bank |
| D. | United Bank of India |
| Answer» D. United Bank of India | |
| 74. |
Which is the first Indian bank to open branch outside India? |
| A. | Andhra Bank |
| B. | Bank of Baroda |
| C. | Bank of India |
| D. | Canara Bank |
| Answer» D. Canara Bank | |
| 75. |
Which is the largest foreign bank in India? |
| A. | American Express Bank Ltd. |
| B. | DBS Bank Ltd. |
| C. | HSBC Ltd. |
| D. | Standard Chartered Bank |
| Answer» E. | |
| 76. |
Which is the largest private sector bank in India? |
| A. | Axis Bank |
| B. | ICICI Bank |
| C. | HDFC Bank |
| D. | South Indian Bank |
| Answer» C. HDFC Bank | |
| 77. |
What is the full form of MTSS? |
| A. | Money Transfer Service Scheme |
| B. | Medium Transfer Service Scheme |
| C. | Moderate Transfer Service Scheme |
| D. | Money Transfer Service Strategy |
| Answer» B. Medium Transfer Service Scheme | |
| 78. |
What is the full form of NIM? |
| A. | |
| B. | B. |
| C. | C. |
| D. | D. |
| Answer» B. B. | |
| 79. |
Which is the largest bank in the world? |
| A. | BNP Paribas |
| B. | China Construction Bank Corporation |
| C. | HSBC Holdings |
| D. | Industrial & Commercial Bank of China |
| Answer» E. | |
| 80. |
What is the full form of CDS? |
| A. | Call Detail Swap |
| B. | Corporate Debt Swap |
| C. | Credit Default Swap |
| D. | None |
| Answer» D. None | |
| 81. |
Which one of the following belongs to Bank Capitalization? |
| A. | Basel II norms |
| B. | Basel III norms |
| C. | Basel I norms |
| D. | Solvency II norms |
| Answer» C. Basel I norms | |
| 82. |
How many Deputy Governors are there in RBI? |
| A. | 2 |
| B. | 4 |
| C. | 5 |
| D. | 10 |
| Answer» C. 5 | |
| 83. |
What is the full form of TIBOR? |
| A. | Tokyo Interbank Offered Rate |
| B. | Tokyo-India Bureau Of Regulations |
| C. | The Interbank Offered Rate |
| D. | None |
| Answer» B. Tokyo-India Bureau Of Regulations | |
| 84. |
What is the full form of FCCB? |
| A. | Foreign Currency Convertible Bond |
| B. | Foreign Currency Convertible Bank |
| C. | Foreign Currency Convertible Board |
| D. | Foreign Convertible Currency Board |
| Answer» B. Foreign Currency Convertible Bank | |
| 85. |
Whose signature does Indian currency note bear? |
| A. | Finance Minister |
| B. | Finance Secretary |
| C. | RBI Governor |
| D. | The President |
| Answer» D. The President | |
| 86. |
Who regulate monetary policy? |
| A. | IRDA |
| B. | RBI |
| C. | SEBI |
| D. | SIDBI |
| Answer» C. SEBI | |
| 87. |
Which bank launched smart star account? |
| A. | HDFC Bank |
| B. | HSBC |
| C. | ICICI Bank |
| D. | IDBI Bank |
| Answer» D. IDBI Bank | |
| 88. |
What is the full form of CVV? |
| A. | Call Verification Value |
| B. | Card Verification Value |
| C. | Credit Verification Value |
| D. | None |
| Answer» C. Credit Verification Value | |
| 89. |
Where is the Bank of International Settlement headquartered? |
| A. | Belgium |
| B. | France |
| C. | Germany |
| D. | Switzerland |
| Answer» E. | |
| 90. |
What is the tagline of HDFC Bank? |
| A. | India's International Bank |
| B. | Relationships beyond banking |
| C. | One Family One Bank |
| D. | We understand your world |
| Answer» E. | |
| 91. |
What method is used by the Bank to read code on cheque? |
| A. | MICR |
| B. | OCR |
| C. | OMR |
| D. | None |
| Answer» B. OCR | |
| 92. |
On which rate bases, overnight money is needed by bank from RBI? |
| A. | MSF |
| B. | Repo rate |
| C. | Reverse repo |
| D. | Bank rate |
| Answer» B. Repo rate | |
| 93. |
Imperial Bank of India was nationalised in _______. |
| A. | 1949 |
| B. | 1955 |
| C. | 1959 |
| D. | 1969 |
| Answer» C. 1959 | |
| 94. |
When did the banking crisis of 1913-1917 end? |
| A. | 1917 |
| B. | 1949 |
| C. | 1955 |
| D. | 1959 |
| Answer» C. 1955 | |
| 95. |
Which bank was baptised as the State Bank of India? |
| A. | New Bank of India |
| B. | Imperial Bank of India |
| C. | Indian Bank |
| D. | United Bank of India |
| Answer» C. Indian Bank | |
| 96. |
In which year was the Banking Regulation Act passed? |
| A. | 1949 |
| B. | 1955 |
| C. | 1959 |
| D. | 1969 |
| Answer» B. 1955 | |
| 97. |
Punjab National Bank was established in ________. |
| A. | 1881 |
| B. | 1894 |
| C. | 1913 |
| D. | 1917 |
| Answer» C. 1913 | |
| 98. |
Which was the second bank in India with limited liability? |
| A. | Punjab National Bank |
| B. | Imperial Bank of India |
| C. | New Bank of India |
| D. | State Bank of India |
| Answer» B. Imperial Bank of India | |
| 99. |
Oudh Commercial Bank was founded in _______. |
| A. | 1913 |
| B. | 1917 |
| C. | 1894 |
| D. | 1881 |
| Answer» E. | |