MCQOPTIONS
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MCQOPTIONS
This section includes 1588 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.
| 1151. |
Good competition helps in [SBI Clerk 2012] |
| A. | Improved customer service |
| B. | reduced sales |
| C. | Improved brand image |
| D. | more market share |
| E. | better customer profile |
| Answer» B. reduced sales | |
| 1152. |
Wholesalers sell to? |
| A. | Merchant/Industrial users |
| B. | Institutional users |
| C. | Retailers |
| D. | All of these |
| E. | None of these |
| Answer» F. | |
| 1153. |
With reference to a cheque, which of the following is the "drawer bank"? [IBPS P.O. 2012] |
| A. | The bank that collects the cheque |
| B. | The payee's bank |
| C. | The endorsee's bank |
| D. | The endorser's bank |
| E. | The bank upon which the cheque is drawn |
| Answer» B. The payee's bank | |
| 1154. |
Which of the following is not a public sector bank? [SBI Associate Clerk 2012] |
| A. | Corporation Bank |
| B. | United Bank of India |
| C. | Vijaya Bank |
| D. | Bank of Maharashtra |
| E. | Federal Bank |
| Answer» F. | |
| 1155. |
Monetary policy in India is formulated by ? [SSC, LDC, 2012] |
| A. | Finance Ministry |
| B. | RBI |
| C. | SEBI |
| D. | CLB |
| Answer» C. SEBI | |
| 1156. |
Which of the following is the principal financial institution for the promotion, financing and development of the MSME sector in India? [NIACL Assistant 2015] |
| A. | EXIM Bank |
| B. | SIDBI |
| C. | NABARD |
| D. | DICG |
| Answer» C. NABARD | |
| 1157. |
A practice in the insurance industry where in the insurer passes some parts of all risks to another insurer for a fee is known as? [NIACL AC) 2015] |
| A. | Counter insurance |
| B. | Dual insurance |
| C. | Co-insurance |
| D. | Re-insurance |
| Answer» E. | |
| 1158. |
Which one of the following best describes the term 'negative demand'? [SBI Clerk 2012] |
| A. | Consumers begin to buy a product less frequently |
| B. | Consumers do not at all buy a product |
| C. | Consumers are unaware cruninterested in a product |
| D. | Consumer purchases vary on a seasonal basis |
| E. | Consumers dislike a product and may even pay to avoid it |
| Answer» F. | |
| 1159. |
The basic regulatory authority for mutual funds and stock markets lies with the?[S5CS.O. 2005] |
| A. | Government of India |
| B. | RBI |
| C. | SEBI |
| D. | Stock exchange |
| Answer» D. Stock exchange | |
| 1160. |
Direct marketing means |
| A. | Cold calls |
| B. | face-to-face selling |
| C. | fastest transaction |
| D. | advertisement |
| E. | None of these |
| Answer» B. face-to-face selling | |
| 1161. |
Base rate is the rate below which no bank can allow their lending to anyone who sets up this "Base Rate" for Banks? |
| A. | Individual Bank's Board |
| B. | Ministry of commerce |
| C. | Ministry of Finance |
| D. | RBI |
| E. | Interest Rate commission of India |
| Answer» B. Ministry of commerce | |
| 1162. |
What is a "Debit Card? [IBPS. PO. 2012] |
| A. | It is a card issued by a Rating Agency |
| B. | It is card which can be used for withdrawing cash or making payment even in the absence of any balance in the account |
| C. | It is a can be used for withdrawing cash or making payment if there is balance in the account |
| D. | It is a card which carries prepaid balance |
| E. | If is card which can be used for making STD call |
| Answer» D. It is a card which carries prepaid balance | |
| 1163. |
Bad advances of a bank are called ? [IBPS. PO. 2012] |
| A. | Bad debt |
| B. | Book debt |
| C. | Non-performing asset |
| D. | Out of order accounts |
| E. | Over drawn accounts |
| Answer» D. Out of order accounts | |
| 1164. |
In the simple response model of consumer behaviour, the entities involved in it is/are |
| A. | Stimulus |
| B. | organism |
| C. | Response |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 1165. |
A bank's fixed deposit is also referred to as a--- |
| A. | Term deposit |
| B. | Savings Bank deposit |
| C. | Current deposit |
| D. | Demand deposit |
| Answer» B. Savings Bank deposit | |
| 1166. |
The Concept of 'Micro Credit7 essentially concentrates on? |
| A. | Consumption smoothening as and when needed |
| B. | Providing safe place to hold savings |
| C. | Accepting deposits |
| D. | Provision of credit to the poor |
| Answer» E. | |
| 1167. |
Which of the following may be known as the function of packaging? |
| A. | To assemble and arrange the content |
| B. | To facilitate transporting and storing |
| C. | To identify the content |
| D. | To enable the display of content |
| E. | All of the above |
| Answer» F. | |
| 1168. |
Long term funds in the capital market can be raised either by borrowing from certain institution or through? |
| A. | Issue of note |
| B. | Taking loan from government |
| C. | Issue of securities |
| D. | Taking loan from foreign institution |
| Answer» D. Taking loan from foreign institution | |
| 1169. |
Liquidity is injected by the RBI in the economy through which of the following mechanisms? [SBI Clerk 2014] |
| A. | Change in Bank Rate |
| B. | Repo |
| C. | Increase in SLR |
| D. | Through Marginal standing facility |
| E. | Increase in CRR |
| Answer» C. Increase in SLR | |
| 1170. |
Retailing is |
| A. | Super market |
| B. | Bank |
| C. | Wholesaler |
| D. | All of these |
| E. | None of these |
| Answer» B. Bank | |
| 1171. |
The functions of a wholesaler are |
| A. | Assembling of goods |
| B. | Distribution of goods |
| C. | Financing |
| D. | Grading |
| E. | All of these |
| Answer» F. | |
| 1172. |
At present, India is following [SSC CC1.2.2011] |
| A. | Fixed exchange rate |
| B. | Floating exchange rate |
| C. | Pegged up exchange rate |
| D. | Pegged down exchange rate |
| Answer» C. Pegged up exchange rate | |
| 1173. |
FERA in India has been replaced by? |
| A. | FEPA |
| B. | FEMA |
| C. | FENA |
| D. | FETA |
| Answer» C. FENA | |
| 1174. |
The cultural factors of consumer behaviour consist of |
| A. | traditions |
| B. | nationalities |
| C. | religions |
| D. | racial groups |
| E. | All of these |
| Answer» F. | |
| 1175. |
Which is the type of middlemen? |
| A. | Warehousing agent |
| B. | Clearing agent |
| C. | Exporting agent or forwarding agent |
| D. | All of the above |
| E. | None of the above |
| Answer» E. None of the above | |
| 1176. |
Investment and savings are kept equal through a change in the level of? [SSC S.O. 2005] |
| A. | Consumption |
| B. | Investment |
| C. | Government expenditure |
| D. | Income |
| Answer» B. Investment | |
| 1177. |
A commercial bank law creates credit only if it has? [SSC S.O, 2005] |
| A. | Cash in the value |
| B. | Excess reserves |
| C. | Permission of RBI |
| D. | Cooperation of other banks |
| Answer» D. Cooperation of other banks | |
| 1178. |
Which of the following is not a Banking organization? [SBI Asst. 2015] |
| A. | ICICI PRUDENTIAL |
| B. | AXIS BANK |
| C. | KOTAK MAHINDRA |
| D. | ICICI BANK |
| Answer» B. AXIS BANK | |
| 1179. |
S.D.R. stands for? [SSC .L 2008] |
| A. | Special Dollar Rights |
| B. | Special Drawing Rights |
| C. | State Drawing Rights |
| D. | Specific Dollar Rights |
| Answer» C. State Drawing Rights | |
| 1180. |
Online advertising uses |
| A. | internet |
| B. | world wide web |
| C. | Both (a) and (b) |
| D. | radio |
| E. | TV |
| Answer» D. radio | |
| 1181. |
A Non-performing asset in Banking Business means? A fixed asset of bank that has not been utilized A portion of deposits not utilized A loan asset on which interest and / or instalments remain 'Past due' [SBI Asst. 2015] |
| A. | Only a |
| B. | Only C |
| C. | Only |
| D. | Only B & C |
| Answer» C. Only | |
| 1182. |
Target group means ? ISBI Clerk 2012] |
| A. | All employers |
| B. | all sales person |
| C. | intended buyers |
| D. | all industries |
| E. | Call center persons |
| Answer» D. all industries | |
| 1183. |
Using a customer's buying history to select them for related offers is known as ? |
| A. | Up-selling |
| B. | Prospecting |
| C. | Marketing |
| D. | Channel selling |
| E. | Cross-selling |
| Answer» F. | |
| 1184. |
The present Indian monetary system is based on? [SSC 'lax Assistant 2009] |
| A. | Gold Reserve system |
| B. | Proportional Reserve system |
| C. | Convertible Currency system |
| D. | Minimum Reserve system |
| Answer» E. | |
| 1185. |
A short term government security paper is called? [SSC CGL 2010] |
| A. | Share |
| B. | Debenture |
| C. | Mutual Fund |
| D. | Treasury bill |
| Answer» E. | |
| 1186. |
Capital Market in India is controlled by which of the following? [SBI Asst. Clerk 2015] |
| A. | MRTP |
| B. | SEBI |
| C. | RBI |
| D. | IRDA |
| Answer» C. RBI | |
| 1187. |
Wholesaler includes those agencies taking part in buying and selling activities that operate between the local market and |
| A. | the producer and manufacturer of product |
| B. | wholesaler |
| C. | retailer |
| D. | agent |
| E. | All of these |
| Answer» D. agent | |
| 1188. |
Direct marketing means [SBI PO 2011] |
| A. | advertisements |
| B. | banners |
| C. | Face-to-face selling |
| D. | selling by all staff |
| E. | achieving targets |
| Answer» D. selling by all staff | |
| 1189. |
Which of the following institution is responsible for protection of the interests of investors in securities and to promote the development of the securities market in India? |
| A. | SEBI |
| B. | RBI |
| C. | FMC |
| D. | IRDA |
| Answer» B. RBI | |
| 1190. |
Which one of the following is an example of Non-Banking financial Institution? [SSCLDC2012] |
| A. | RBI |
| B. | SBI |
| C. | IOB |
| D. | LIC |
| Answer» E. | |
| 1191. |
NABARD was established on the recommendation of? |
| A. | Public account committee |
| B. | Shivaraman committee |
| C. | Narsimham committee |
| D. | None of these |
| Answer» C. Narsimham committee | |
| 1192. |
A distribution channel may be defined as |
| A. | a chain of intermediaries |
| B. | a group of marketers |
| C. | a path of achieve goal |
| D. | a network of companies |
| E. | None of the above |
| Answer» B. a group of marketers | |
| 1193. |
Which of the following is not associated with a role in a buying decision-making unit? |
| A. | Supplier |
| B. | Gatekeeper |
| C. | Decision-maker |
| D. | Buyer |
| E. | None of these |
| Answer» C. Decision-maker | |
| 1194. |
Which is the psychological factor of a bank's customer? |
| A. | Perception of customer |
| B. | Learning |
| C. | Beliefs |
| D. | All of these |
| E. | None of these |
| Answer» F. | |
| 1195. |
The economic factor of a bank customer involves? |
| A. | Future income expectation |
| B. | Family income level |
| C. | Personal income |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 1196. |
A credit Guarantee Trust fund has been set up for guaranteeing collateral-free credit facilities by lending to small-scale industries. This fund is being managed by which of the following institutions? [SBI Clerk 2014] |
| A. | IDBI |
| B. | NABARD |
| C. | SBI |
| D. | SIDBI |
| Answer» E. | |
| 1197. |
A mutual fund scheme in which the investors commit their money for a particular period is known as? |
| A. | Long-End scheme |
| B. | Closed-End scheme |
| C. | Long" Term Fund |
| D. | Open-End scheme |
| Answer» C. Long" Term Fund | |
| 1198. |
Advertising is a major promotion mix ingredient that is a |
| A. | non-paid form of non-personal communication |
| B. | Non-paid form of personal communication |
| C. | Paid form of personal communication |
| D. | Paid form of non-personal communication |
| E. | None of the above |
| Answer» F. | |
| 1199. |
Which bank in India performs the duties of a Central Bank? |
| A. | Central Bank of India |
| B. | State Bank of India |
| C. | RBI |
| D. | Both A and B |
| Answer» D. Both A and B | |
| 1200. |
25. A paid form of non-personal communication about an organization and/or its products that is transmitted to a target audience through a mass medium is |
| A. | advertising |
| B. | Publicity |
| C. | Personal selling |
| D. | Sales promotion |
| E. | All of these |
| Answer» B. Publicity | |