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. |
Which of the following refers to financial services conducted among banks and financial services companies? |
| A. | Merchant banking |
| B. | Retail banking |
| C. | Commercial banking |
| D. | Wholesale banking |
| Answer» E. | |
| 2. |
Medium-term industrial finance refers to the funds required for a period of one year to ________ |
| A. | 6 years |
| B. | 2 years |
| C. | 5 years |
| D. | 4 years |
| Answer» D. 4 years | |
| 3. |
Short-term industrial finance refers to the funds required for a period of less than ________ |
| A. | 1 year |
| B. | 2 years |
| C. | 3 years |
| D. | 5 years |
| Answer» B. 2 years | |
| 4. |
Which of the following is the type of industrial finance? |
| A. | Short Term Industrial Finance |
| B. | Medium Term Industrial Finance |
| C. | Long Term Industrial Finance |
| D. | All of these |
| Answer» E. | |
| 5. |
Industrial Finance Corporation of India, is an Indian government owned ______ |
| A. | Private Bank |
| B. | Scheduled Bank |
| C. | Development Bank |
| D. | All of these |
| Answer» D. All of these | |
| 6. |
Which of the following was the first development finance institution established by the Indian government after independence? |
| A. | PFC |
| B. | ICRA |
| C. | IDFC |
| D. | IFCI |
| Answer» E. | |
| 7. |
The process of remitting foreign money to a country is called ______ |
| A. | Inward Remittance |
| B. | Foreign Remittance |
| C. | Commercial banking |
| D. | Wholesale banking |
| Answer» B. Foreign Remittance | |
| 8. |
A transfer of money from a migrant worker to their families or other individuals in their home countries is known as _________ |
| A. | Inward Remittance |
| B. | Foreign Remittance |
| C. | Commercial banking |
| D. | Wholesale banking |
| Answer» C. Commercial banking | |
| 9. |
In ‘Small Accounts’ total withdrawal and transfers in a month should not exceed ______ |
| A. | Rs.50,000 |
| B. | Rs.1,00,000 |
| C. | Rs.10,000 |
| D. | Rs.25,000 |
| Answer» D. Rs.25,000 | |
| 10. |
In ‘Small Accounts’ total credits in one year should not exceed ________ |
| A. | Rs.50,000 |
| B. | Rs.1,00,000 |
| C. | Rs.10,000 |
| D. | Rs.25,000 |
| Answer» C. Rs.10,000 | |
| 11. |
In ‘Small Accounts’ balance in such accounts at any point of time should not exceed ________ |
| A. | Rs.50,000 |
| B. | Rs.1,00,000 |
| C. | Rs.10,000 |
| D. | Rs.25,000 |
| Answer» B. Rs.1,00,000 | |
| 12. |
Which of the following is the product of Power Finance Corporation Ltd(PFC)? |
| A. | Rupee Term Loan |
| B. | Foreign Currency Loan |
| C. | Short Term Loan |
| D. | All of these |
| Answer» E. | |
| 13. |
The major part of PFC’s funds is raised through ______ |
| A. | Issue of shares & Debentures |
| B. | Borrowing from banks and other financial institutions |
| C. | Ploughing back of profits |
| D. | Rupee denominated bonds |
| Answer» E. | |
| 14. |
Power Finance Corporation Ltd(PFC), is listed on _____ |
| A. | Bombay Stock Exchange (BSE) |
| B. | National Stock Exchange (BSE) |
| C. | Calcutta Stock Exchange (CSE) |
| D. | Both (A) and (B) |
| Answer» E. | |
| 15. |
Power Finance Corporation Ltd(PFC), is a ______ |
| A. | Private Bank |
| B. | Scheduled Bank |
| C. | Development Bank |
| D. | Financial Services Company |
| Answer» E. | |
| 16. |
Power Finance Corporation Ltd(PFC) is owned by? |
| A. | GOI |
| B. | ICRA |
| C. | ICRA |
| D. | IFCI |
| Answer» B. ICRA | |
| 17. |
The Headquarters of Power Finance Corporation Ltd(PFC) ________ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Chennai |
| D. | Hyderabad |
| Answer» C. Chennai | |
| 18. |
Which of the following is an important source of medium-term finance? |
| A. | Issue of shares & Debentures |
| B. | Borrowing from banks and other financial institutions |
| C. | Ploughing back of profits |
| D. | All of these |
| Answer» E. | |
| 19. |
Which of the following is an important source of long-term finance? |
| A. | Issue of shares & Debentures |
| B. | Borrowing from banks and other financial institutions |
| C. | Ploughing back of profits |
| D. | All of these |
| Answer» E. | |
| 20. |
The time exceeding five years are usually regarded as ________ |
| A. | Short-term finance |
| B. | Long-term finance |
| C. | Medium-term finance |
| D. | All of these |
| Answer» C. Medium-term finance | |
| 21. |
The Headquarters of Industrial Finance Corporation of India(IFCI) ________ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Chennai |
| D. | Hyderabad |
| Answer» C. Chennai | |
| 22. |
The Headquarters of ONICRA is ______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Chennai |
| D. | Gurugram |
| Answer» E. | |
| 23. |
The Headquarters of Investment Information and Credit rating agency (ICRA) is ______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Chennai |
| D. | Hyderabad |
| Answer» C. Chennai | |
| 24. |
Majority shareholder of Investment Information and Credit rating agency (ICRA) is _______ |
| A. | Standard & Poor’s |
| B. | Fitch |
| C. | ICRA |
| D. | Moody’s |
| Answer» E. | |
| 25. |
Investment Information and Credit rating agency (ICRA), is a ______ |
| A. | Private limited |
| B. | Scheduled Bank |
| C. | Development Bank |
| D. | Public limited Company |
| Answer» E. | |
| 26. |
The Headquarters of Credit Rating and Information Services of India Limited (CRISIL) is ______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Chennai |
| D. | Hyderabad |
| Answer» B. New Delhi | |
| 27. |
Which of the following country include CRISIL’s businesses? |
| A. | India |
| B. | UK |
| C. | USA |
| D. | All of these |
| Answer» E. | |
| 28. |
Which of the following is the CRISIL’s majority shareholder? |
| A. | Standard & Poor’s |
| B. | Fitch |
| C. | ICRA |
| D. | ONICRA |
| Answer» B. Fitch | |
| 29. |
Which of the following is the EPFO’s apex decision making body? |
| A. | PFC |
| B. | PFRDA |
| C. | CBT |
| D. | SIDBI |
| Answer» D. SIDBI | |
| 30. |
UAN or Universal Account Number is a ______digit number allotted to employee who is contributing to EPF will be generated for each of the PF member by EPFO. |
| A. | 10 |
| B. | 12 |
| C. | 15 |
| D. | 11 |
| Answer» C. 15 | |
| 31. |
The Headquarters of Employees’ Provident Fund Organisation is ________ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Chennai |
| D. | Hyderabad |
| Answer» C. Chennai | |
| 32. |
The Headquarters of Fitch is ______ |
| A. | Washington DC |
| B. | New York |
| C. | Rome |
| D. | Geneva |
| Answer» C. Rome | |
| 33. |
The Headquarters of SME Rating Agency of India (SMERA) is ______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Chennai |
| D. | Hyderabad |
| Answer» B. New Delhi | |
| 34. |
The Headquarters of Standard & Poor’s is _______ |
| A. | Washington DC |
| B. | New York |
| C. | Rome |
| D. | Geneva |
| Answer» C. Rome | |
| 35. |
Credit Rating Agency, ONICRA is a ______ |
| A. | Private sector |
| B. | Scheduled Bank |
| C. | Development Bank |
| D. | Financial Services Company |
| Answer» B. Scheduled Bank | |
| 36. |
The Headquarters of Moody’s Investors Service is ______ |
| A. | Washington DC |
| B. | New York |
| C. | Rome |
| D. | Geneva |
| Answer» C. Rome | |
| 37. |
The PLR has been replaced with ______ |
| A. | Repo Rate |
| B. | CRR |
| C. | Reverse Repo Rate |
| D. | Base Rate |
| Answer» E. | |
| 38. |
Which of the following covered under the Consumer Protection Act? |
| A. | Standard & Poor’s |
| B. | Fitch |
| C. | ICRA |
| D. | Banking Services |
| Answer» E. | |
| 39. |
Gilt-edged securities are used to maintain _______ |
| A. | Repo Rate |
| B. | CRR |
| C. | Reverse Repo Rate |
| D. | SLR |
| Answer» E. | |
| 40. |
Government securities are instruments issued by the government to borrow money from the market is also known as ______ |
| A. | Gilt-edged securities |
| B. | G – Secs |
| C. | Bonds |
| D. | Both (A) and (B) |
| Answer» E. | |
| 41. |
_______ is a numerical expression based on a level analysis of a person’s credit files, to represent the creditworthiness of the person. |
| A. | Credit Score |
| B. | Credit Report |
| C. | Credit File |
| D. | Credit Bureaus |
| Answer» B. Credit Report | |
| 42. |
The Headquarters of National Housing Bank(NHB) is ______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Chennai |
| D. | Hyderabad |
| Answer» C. Chennai | |
| 43. |
The Headquarters of Bank Board Bureau is ______ |
| A. | Mumbai |
| B. | New Delhi |
| C. | Chennai |
| D. | Hyderabad |
| Answer» B. New Delhi | |
| 44. |
Bank Board Bureau is a(n)_______ body of Union Government of India. |
| A. | Public |
| B. | Autonomous |
| C. | Private |
| D. | Public-Private |
| Answer» C. Private | |
| 45. |
_______ are the rupee-denominated bonds which can be issued by the Indian entities to raise money from overseas markets. |
| A. | Letter of Credit |
| B. | Masala Bond |
| C. | Bank Board Bureau |
| D. | Bank Guarantee |
| Answer» C. Bank Board Bureau | |
| 46. |
________ is a letter issued by bank which guarantees seller’s payment on time and in correct amount up to the time the services will be delivered to the buyer. |
| A. | Letter of Credit |
| B. | Masala Bond |
| C. | Bank Board Bureau |
| D. | Bank Guarantee |
| Answer» B. Masala Bond | |
| 47. |
Which of the following service is provided by E-Lobby? |
| A. | Cash Deposits |
| B. | Card-to-Card transfers |
| C. | Mobile phone top-ups |
| D. | All of these |
| Answer» E. | |
| 48. |
_______ is a facility which is now provided by banks so that their customers can do their banking transactions as per their convenience 24×7. |
| A. | Seva Centres |
| B. | Banking Services |
| C. | E-Lobby |
| D. | ONICRA |
| Answer» D. ONICRA | |
| 49. |
_______ is the macroeconomic policy laid down by the central bank. |
| A. | Monetary Policy |
| B. | Fiscal Policy |
| C. | Credit Score |
| D. | Credit Bureaus |
| Answer» B. Fiscal Policy | |
| 50. |
________ is the use of government revenue collection (mainly taxes) and expenditure to influence the economy. |
| A. | Monetary Policy |
| B. | Fiscal Policy |
| C. | Credit Score |
| D. | Credit Bureaus |
| Answer» C. Credit Score | |