MCQOPTIONS
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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. |
Where is the headquarters of Utkarsh Small Finance Bank ? |
| A. | Ahmedabad |
| B. | Cochin |
| C. | Chennai |
| D. | Varanasi |
| Answer» E. | |
| 2. |
Headquarters of Capital Small Finance Bank is __________. |
| A. | Karur |
| B. | Kolhapur |
| C. | Jhalandar |
| D. | Varanasi |
| Answer» D. Varanasi | |
| 3. |
How much of minimum capital requirement needs to hold initially for payment bank? |
| A. | 10 crore |
| B. | 25 crore |
| C. | 50 crore |
| D. | 100 crore |
| Answer» E. | |
| 4. |
FDI of ____% is allowed for payment banks. |
| A. | 66% |
| B. | 25% |
| C. | 74% |
| D. | 52% |
| Answer» D. 52% | |
| 5. |
Headquarters of Fino Payments Bank Limited is __________. |
| A. | Kochi |
| B. | Mangalore |
| C. | Bangalore |
| D. | Mumbai |
| Answer» E. | |
| 6. |
Payment banks cannot issue financial products such as mutual funds and insurance but they can issue loans to their customers. Is it True or False? |
| A. | True |
| B. | False |
| Answer» C. | |
| 7. |
Which of the below entity has surrendered its “in-principle” license which is given by RBI to launch its Payment Bank? |
| A. | National Securities Depository |
| B. | Aditya Birla Nuvo |
| C. | Tech Mahendra |
| D. | Vodafone M-Pesa |
| Answer» D. Vodafone M-Pesa | |
| 8. |
Where is the headquarters of Paytm Payments Bank Limited? |
| A. | Noida |
| B. | New Delhi |
| C. | Haryana |
| D. | Lucknow |
| Answer» B. New Delhi | |
| 9. |
The RBI will consider grant full licenses for payment banks under which section of the Banking Regulation Act, 1949? |
| A. | Section 19 |
| B. | Section 20 |
| C. | Section 21 |
| D. | Section 22 |
| Answer» E. | |
| 10. |
New Delhi is the headquarters of which of the below Payment banks? |
| A. | Airtel Payments Bank Limited |
| B. | India Post Payment Bank |
| C. | Paytm Payments Bank Limited |
| D. | Vodafone M-Pesa |
| Answer» B. India Post Payment Bank | |
| 11. |
Aapka Bank Aapke Dwar is a tagline of __________ |
| A. | Airtel Payments Bank Limited |
| B. | India Post Payments Bank Limited |
| C. | Paytm Payments Bank Limited |
| D. | Fino Payments Bank Limited |
| Answer» C. Paytm Payments Bank Limited | |
| 12. |
Which of the below facility cannot be provided by Payment Banks? |
| A. | ATM Card |
| B. | Debit Card |
| C. | Net banking |
| D. | Credit Card |
| Answer» E. | |
| 13. |
F in NFS? |
| A. | Financial |
| B. | Fund |
| C. | Foreign |
| D. | Fixed |
| Answer» B. Fund | |
| 14. |
S in IBPS? |
| A. | System |
| B. | Selection |
| C. | Service |
| D. | Switch |
| Answer» C. Service | |
| 15. |
A in FERA? |
| A. | Authority |
| B. | Act |
| C. | Advisory |
| D. | Accounts |
| Answer» C. Advisory | |
| 16. |
I in CPI? |
| A. | Investment |
| B. | Interest |
| C. | Index |
| D. | Income |
| Answer» D. Income | |
| 17. |
B in ECB? |
| A. | Borrowings |
| B. | Bill |
| C. | Bank |
| D. | Balance |
| Answer» B. Bill | |
| 18. |
C in CMIS? |
| A. | Currency |
| B. | Credit |
| C. | Cheque |
| D. | Capital |
| Answer» B. Credit | |
| 19. |
R in BSR? |
| A. | Refund |
| B. | Returns |
| C. | Risk |
| D. | Rate |
| Answer» C. Risk | |
| 20. |
F in AMFL? |
| A. | Fixed |
| B. | Finance |
| C. | Fund |
| D. | Flow |
| Answer» D. Flow | |
| 21. |
A in APC? |
| A. | Asset |
| B. | Association |
| C. | Annual |
| D. | Administered |
| Answer» E. | |
| 22. |
S in SCC? |
| A. | Structured |
| B. | Systematic |
| C. | Selective |
| D. | Secure |
| Answer» D. Secure | |
| 23. |
In 2004, Oriental Bank of Commerce had acquired Global Trust Bank(GTB) of _____________. |
| A. | Vadodara |
| B. | Allahabd |
| C. | Secunderabad |
| D. | Hyderabad |
| Answer» D. Hyderabad | |
| 24. |
The Nainital Bank Limited (NTB) is a subsidiary of _____________________ |
| A. | Bank of Baroda |
| B. | HDFC Bank |
| C. | Union Bank of India |
| D. | SBI |
| Answer» B. HDFC Bank | |
| 25. |
Which committee recommended the merger of large Indian banks to make them strong ? |
| A. | Narasimham -I Committee |
| B. | A C Shah Committee |
| C. | A Ghosh Committee |
| D. | Narasimham -II Committee |
| Answer» E. | |
| 26. |
The Hindustan Commercial bank had acquired by _____________________in the year 1986. |
| A. | Bank of India |
| B. | Punjab National Bank |
| C. | Canara Bank |
| D. | Federal Bank |
| Answer» C. Canara Bank | |
| 27. |
ICICI bank acquired Bank of Madura was headquartered in which city of India ? |
| A. | Chennai |
| B. | Kochin |
| C. | New Delhi |
| D. | Madurai |
| Answer» E. | |
| 28. |
United Western Bank (UWB) was acquired by IDBI in which year ? |
| A. | 2006 |
| B. | 2010 |
| C. | 2011 |
| D. | 2019 |
| Answer» B. 2010 | |
| 29. |
Five associate banks and Bharatiya Mahila Bank(BMB) were merged with SBI effect from __________________________ |
| A. | April 1, 2017 |
| B. | February 15, 2017 |
| C. | March 20, 2017 |
| D. | January 1, 2017 |
| Answer» B. February 15, 2017 | |
| 30. |
In 2010, ICICI bank acquired which of the following private sector bank ? |
| A. | Bank of Rajasthan |
| B. | Bank of Punjab |
| C. | Bank of Haryana |
| D. | Bank of Sikkim |
| Answer» B. Bank of Punjab | |
| 31. |
Kotak Mahindra acquires ING Vysya bank, to become India’s 4th largest pvt sector bank, the headquarters of ING Vysya bank is located in _________________ |
| A. | Chennai |
| B. | Bengaluru |
| C. | Mumbai |
| D. | Hyderabad |
| Answer» C. Mumbai | |
| 32. |
Miraj State Bank has acquired by which bank in 1985? |
| A. | Bank of Baroda |
| B. | Allahabad Bank |
| C. | Punjab National Bank |
| D. | Union Bank of India |
| Answer» E. | |
| 33. |
Kodungallur based Lord Krishna Bank was merged with _________________________ |
| A. | Centurion Bank of Punjab |
| B. | Bharat Overseas Bank |
| C. | United Western Bank Ltd. |
| D. | Indian Overseas Bank |
| Answer» B. Bharat Overseas Bank | |
| 34. |
The Imperial Bank of India has been formed after amalgamation of _________________ Presidency Banks |
| A. | Four |
| B. | Five |
| C. | Two |
| D. | Three |
| Answer» E. | |
| 35. |
Centurion bank and ________________________merged to form centurion Bank of Punjab. |
| A. | Bank of Punjab |
| B. | Bank of Chandigarh |
| C. | Laxmi Commercial Bank |
| D. | Punjab National Bank |
| Answer» B. Bank of Chandigarh | |
| 36. |
Which section of Banking Regulation Act, 1949 related with amalgamation of two banking companies ? |
| A. | Section 110 to 120 |
| B. | Section 44A |
| C. | Section 391 to 394 |
| D. | Section 20C |
| Answer» C. Section 391 to 394 | |
| 37. |
P in PCR ? |
| A. | Prompt |
| B. | Public |
| C. | Post |
| D. | Primary |
| Answer» C. Post | |
| 38. |
P in DWP? |
| A. | Payment |
| B. | Price |
| C. | Pension |
| D. | Programme |
| Answer» D. Programme | |
| 39. |
I in PPI? |
| A. | Instrument |
| B. | Investment |
| C. | Income |
| D. | None of these |
| Answer» B. Investment | |
| 40. |
F in FEMA? |
| A. | Foreign |
| B. | Financial |
| C. | Fiscal |
| D. | None of these |
| Answer» B. Financial | |
| 41. |
LEI ? |
| A. | Index |
| B. | Identifier |
| C. | Income |
| D. | Interest |
| Answer» C. Income | |
| 42. |
B in IBP? |
| A. | Banking |
| B. | Branch |
| C. | Borrowing |
| D. | Balance |
| Answer» C. Borrowing | |
| 43. |
O in NFO? |
| A. | Operations |
| B. | Overdraft |
| C. | Offer |
| D. | None of these |
| Answer» D. None of these | |
| 44. |
A in VPA? |
| A. | Authority |
| B. | Advisory |
| C. | Address |
| D. | None of these |
| Answer» D. None of these | |
| 45. |
C in ICO? |
| A. | Cash |
| B. | Coin |
| C. | Cheque |
| D. | Currency |
| Answer» C. Cheque | |
| 46. |
P in PCA? |
| A. | Price |
| B. | Payment |
| C. | Public |
| D. | None of these |
| Answer» E. | |
| 47. |
IFS Code is 11 alpha numeric code. What is the fifth character? |
| A. | An alphabet |
| B. | Check digit |
| C. | 0 |
| D. | None of these |
| Answer» D. None of these | |
| 48. |
Legal Entity Identifier(LEI) is a ____________ alpha numeric code. |
| A. | 10 |
| B. | 11 |
| C. | 20 |
| D. | 9 |
| Answer» D. 9 | |
| 49. |
International Securities Identification Number(ISIN) is a 12 alphanumeric code. What do the first two characters represent? |
| A. | Branch code |
| B. | Country code |
| C. | State code |
| D. | City code |
| Answer» C. State code | |
| 50. |
What does the last character represent in PAN CARD? |
| A. | type of holder |
| B. | Surname of holder |
| C. | Check digit |
| D. | None of these |
| Answer» D. None of these | |