Explore topic-wise MCQs in Banking And Financial Awareness.

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.

1201.

Govt. of India recently approved the national policy on Bio fuels. Which of the following crops is one which is used to make biofuels ?

A. Onion
B. Sugarcane
C. Wheat
D. Coconut
E. None of these
Answer» C. Wheat
1202.

Which of the following is/are commodity/ies on which subsidy is given to farmers/poor in India? A. Fertiliser B. Kerosene C. LPG

A. Only A
B. Only B
C. Only C
D. Only A and C
E. All A, B and C
Answer» F.
1203.

Who among the following is the first chief minister of an Indian state who was convicted and sent to jail during holding the office?

A. Lalu Prasad Yadav
B. J Jayalalithaa
C. Mayawati
D. Mulayam Singh Yadav
Answer» C. Mayawati
1204.

Which one of the following was India’s per cent GDP growth during 2009-10 ?

A. 6•7
B. 9•2
C. 7•4
D. 9•7
E. None of these
Answer» D. 9•7
1205.

India recently signed an agreement with the European patent office. How would this agreement be helpful to our country ? It will help India to protect its traditional knowledge of medicines. India’s Traditional Knowledge Library which is in digital form will now be available to the Patent Examiners at the European Patent Office. India will have the right to grant patents for all its traditional medicines and herbs.

A. Only 1
B. Only 2
C. Only 3
D. All the three
E. None of these
Answer» C. Only 3
1206.

India recently decided to provide US $ 500 million to which of the following nations in its neighbourhood to help it in its redevelopment projects as the country is trying to come up after a long civil war and control of UN peace keeping forces ?

A. Bangladesh
B. Pakistan
C. Afghanistan
D. Nepal
E. Bhutan
Answer» D. Nepal
1207.

Who among the following has won Women’s ODI Cricketer of the Year award at the ICC annual awards for 2014 announced recently?

A. Mithali Raj
B. Jenny Gunn
C. Laura Marsh
D. Sarah Taylor
Answer» E.
1208.

Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short term securities as a reserve all the time. In Banking World this is known as–

A. CRR
B. Fixed Asset
C. SLR
D. PLR
E. None of these
Answer» D. PLR
1209.

Which of the following organisations issue the rules of global trade ?

A. World Bank
B. World Trade Organisation
C. Foreign Exchange Dealers’ Association
D. Directorate General and Foreign Trade
E. None of these
Answer» C. Foreign Exchange Dealers’ Association
1210.

Which of the following terms is not used in Banking and Finance ?

A. Bid Price
B. Jacksonian Seizure
C. Call Option
D. Bluechip
E. Dividend
Answer» C. Call Option
1211.

Duleep Trophy is associated with which of the following games ?

A. Football
B. Hockey
C. Cricket
D. Badminton
Answer» D. Badminton
1212.

Who among the following has clinched the men’s singles title of the China Open Super Series Premier in Fuzhou (China) on 16 Nov?

A. Lin Dan
B. Kidambi Srikanth
C. Lee Chong Wei
D. Parupalli Kashyap
Answer» C. Lee Chong Wei
1213.

Which one of the following organisations sets targets for various Ministries in India ?

A. Department of Expenditure
B. Department of Economic Affairs
C. Department of Revenue
D. The Planning Commission
E. None of these
Answer» E. None of these
1214.

Harward Jacobson’s name was recently in news. Who is Harward Jacobson ?

A. Film Actor
B. Politician
C. Author
D. Sports person
E. Journalist
Answer» D. Sports person
1215.

The constituent Assembly formed the drafting committee of India constitution on:

A. 29th August 1947
B. 30th August 1948
C. 29th August 1949
D. 29th August 1950
Answer» B. 30th August 1948
1216.

For which one of the following reasons RBI has decided to undertake mid-quarter policy reviews ? To realign its policies To take steps and ensure smooth flow of credit To provide guidance to the economy

A. Only 1
B. Only 2
C. Only 3
D. All 1, 2 and 3
E. None of these
Answer» E. None of these
1217.

Insurance service provided by various banks is commonly known as—

A. Investment Banking
B. Portfolio Management
C. Merchant Banking
D. Bancassurance
E. Micro Finance
Answer» E. Micro Finance
1218.

Who amongst the following carried Indian Tricolour at Guangzhou Asian Games ?

A. Sania Mirza
B. Saina Nehwal
C. Gagan Narang
D. Suranjay Singh
E. Randhir Singh
Answer» D. Suranjay Singh
1219.

Afghan Parliament has approved a security agreement between Kabul and Washington. At the same time, it also ratified a similar agreement with

A. India
B. China
C. Russia
D. NATO
Answer» E.
1220.

Who is Nandan Nilekani ?

A. Chairman, Unique Identification Authority of India
B. Chairman, Airport Authority of India
C. Member, UGC
D. Member, Planning Commission
E. None of these
Answer» B. Chairman, Airport Authority of India
1221.

‘Taka’ is the monetary unit of—

A. Saudi Arabia
B. Iraq
C. Kuwait
D. Afghanistan
E. Bangladesh
Answer» F.
1222.

Finance commission in India are set up from Time to time:

A. To lay down financial policies of Union govt.
B. To evolve a satisfactory tax-structure for economic development of the country
C. To promote foreign trade
D. For transfer of economic resources from center to states
Answer» E.
1223.

As we read these days, many world economies are passing through recession at present. When can an economy be called ‘in recession’ ? When a decline occurs in almost all major economic activities. When the inflation reaches at a very high rate or becomes double digit inflation. When big financial scams and frauds start taking place.

A. Only 1
B. Only 2
C. Only 3
D. All the three
E. None of these
Answer» B. Only 2
1224.

Which of the following is the abbreviated name of the asset reconstruction company created specifically for small and medium sectors ?

A. CGTMSE
B. CARE
C. APITCO
D. ISARC
E. None of these
Answer» D. ISARC
1225.

One of the major emphasis of Basel II is that banks should have—

A. Adequate Capital adequacy ratio
B. Only few branches in Metro centres
C. More and more branches in Rural areas should be opened
D. Core banking mode of operations
E. All the above
Answer» B. Only few branches in Metro centres
1226.

The key challenge to market-driven strategy is–

A. Selling maximum products
B. Employing maximum DSAs
C. Delivering superior value to customers
D. Being rigid to changes
E. Adopting short term vision
Answer» D. Being rigid to changes
1227.

Air Force chief Arup Raha paid a four- day visit starting 23 Nov to which of the following countries?

A. Malaysia
B. Indonesia
C. Singapore
D. Thailand
Answer» C. Singapore
1228.

Customisation is useful for–

A. Designing customer specific products
B. Call centres
C. Publicity
D. Motivating the staff
E. Cold calls
Answer» B. Call centres
1229.

Term ‘Insider Trading’ is associated with—

A. Stock markets
B. Defence services
C. Parliamentary procedures
D. Book publishing business
E. Sports
Answer» B. Defence services
1230.

ET Now and CNBC TV18, TV Channels essentially broadcast—

A. English News
B. Classic English Movies
C. Political Events and News
D. Business and Economic News
E. All important national and international news in English
Answer» E. All important national and international news in English
1231.

'Richter Scale' is used to measure which of the following ?

A. Intensity of Tsunami Waves
B. Intensity of Earthquake
C. Density of salt in Sea water
D. Flow of electric current
E. None of these
Answer» C. Density of salt in Sea water
1232.

What per cent of India’s GDP is invested in providing education ?

A. 1 per cent
B. 2•5 per cent
C. 4 per cent
D. 6 per cent
E. None of these
Answer» E. None of these
1233.

The 10th Trilateral Ministerial Meeting of RIC group was organized in November 20 Who are the members of the RIC ?

A. Russia—Iran—China
B. Russia—India—China
C. Romania—Iran—Canada
D. Romania—Israel—Chile
E. Russia—India—Croatia
Answer» C. Romania—Iran—Canada
1234.

The Supreme Court removed CBI director Ranjit Sinha from the investigation of which of the following cases on 20 Nov?

A. 2G spectrum allocation scam
B. Coal block allocation scam
C. Saradha chit fund scam
D. Ishrat Jahan encounter
Answer» B. Coal block allocation scam
1235.

An individual going to Bangladesh will be required to make all his/her payments in which of the following currencies ?

A. Rial
B. Dinar
C. Taka
D. Rupee
E. Dollar
Answer» D. Rupee
1236.

Dr. Amartya Sen is a famous—

A. Physicist
B. Chemical Engineer
C. Psychologist
D. Economist
E. None of these
Answer» E. None of these
1237.

Dr. K. Radhakrishnan has taken over as the Chief of—

A. Electronics Commission
B. Indian Space Research Organisation
C. Atomic Energy Commission of India
D. Deputy Governor of Reserve Bank of India
E. None of these
Answer» C. Atomic Energy Commission of India
1238.

BIPA with Sudan comes into effect was the news in various newspaper recently. It is an agreement for—

A. Investment in a country
B. Peaceful use of atomic power
C. Allowing students to visit each other's nation
D. Allowing people to come for medical treatment
E. To form an alliance with each other in case of a war
Answer» B. Peaceful use of atomic power
1239.

As we all know, the limit of exemption on personal income tax has been raised by Rs. 10,000. Whenever a relief in direct taxes is given, the underlying motive is always to make money available for which of the following purposes ? Savings Investment for High returns Personal Consumption

A. Only 1
B. Only 2
C. Only 1 and 3
D. Only 2 and 3
E. None of these
Answer» D. Only 2 and 3
1240.

Which of the following states ranked first in implementation of the Central Govt. sponsored scheme “Artificial Recharge of Ground Water Through dug Wells in Hard Rock Areas” ?

A. Madhya Pradesh
B. Maharashtra
C. Karnataka
D. Tamil Nadu
E. None of these
Answer» C. Karnataka
1241.

The TSR Subramanian committee, which has recommended some big-ticket changes to the rules and legislation, was constituted about three months ago to review laws related to

A. coal block e-auction
B. 2G spectrum auction
C. bringing back black money stashed abroad
D. environment and forest protection
Answer» E.
1242.

For which one of the following reasons. NABARD has set up joint liability groups (JLG) of farmers ?

A. To facilitate delivery of credit to farmers
B. To facilitate better delivery of credit to farmers through informal sources
C. To facilitate better delivery of credit to share croppers and those who do not have their own land
D. To facilitate better delivery of credit to farmers through Panchayats
E. None of these
Answer» B. To facilitate better delivery of credit to farmers through informal sources
1243.

Who among the following has been awarded the top award of 2014 ICC Cricketer of the Year for the Sir Garfield Sobers Trophy ?

A. AB de Villiers
B. Angelo Mathews
C. Kumar Sangakkara
D. Mitchell Johnson
Answer» E.
1244.

As reported in various financial newspapers the Govt. of India is planning to link the prices of diesel and petrol to market prices and may also introduce a graded system of sharing subsidy. If it is done this will be in order to implement the recommendation of which of the following committees ?

A. Murli Deora Committee
B. C. Rangarajan Committee
C. Kirit Parikh Committee
D. S. Sundareshan Committee
E. None of these
Answer» D. S. Sundareshan Committee
1245.

Sachin Tendulkar has recently become the first cricketer in ODI history to cross the milestone of—

A. 10000 runs
B. 12000 runs
C. 15000 runs
D. 17000 runs
E. 20000 runs
Answer» E. 20000 runs
1246.

Which of the following services is not provided by a bank ?

A. Transfer of money
B. Corporate loans
C. Help in getting passports
D. Sale of Demand Drafts
E. Savings Bank Account
Answer» D. Sale of Demand Drafts
1247.

Which of the following exercised the most profound influence in framing the Indian Constitution ?

A. British Constitution
B. U.S. Constitution
C. Irish Constitution
D. The Government of India Act, 1935
Answer» E.
1248.

The term of Member of the Rajya Sabha is:

A. 5 Years
B. 6 Years
C. Same as that of the Lok Sabha
D. Two years
Answer» C. Same as that of the Lok Sabha
1249.

The world’s first white tiger safari will soon come up at which of the following places?

A. Rewa
B. Guna
C. Bhind
D. Morena
Answer» B. Guna
1250.

A Money Bill passed by the Lok Sabha is deemed to have been passed by the Rajya Sabha also when no action is taken by the Upper House within:

A. 10 days
B. 14 days
C. 20 days
D. 30 days
Answer» C. 20 days