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.
| 1401. |
The rate on which banks borrow from the RBI is called- (PdS Bank PC'A,2012] |
| A. | SLR |
| B. | CRR |
| C. | Bank Rate |
| D. | Repo Rate |
| Answer» E. | |
| 1402. |
Which of the following is / are considered a policy rate (s) in the hands of the RBI? (Corporation Bank PV 2012] (i) Repo Rate (ii) SLR (iii) Inflation |
| A. | Only (i) |
| B. | Only (ii) |
| C. | Only (iii) |
| D. | Only (i) and (ii) |
| Answer» E. | |
| 1403. |
Which of the following may have favourable or unfavourable impression on the public about the company and its products? |
| A. | Publicity |
| B. | Advertising |
| C. | Promotion |
| D. | Forecasting |
| E. | None of these |
| Answer» B. Advertising | |
| 1404. |
A worldwide financial messaging network which exchange message between banks and financial institutions is known as ? |
| A. | CHAPS |
| B. | SWIFT |
| C. | NEFT |
| D. | SFMS |
| E. | CHIPS |
| Answer» C. NEFT | |
| 1405. |
Fixed period of time is known as a ? [IBPS, RO. 2012] |
| A. | Term deposit |
| B. | Checking account |
| C. | Saving bank deposit |
| D. | No frills account |
| E. | Current deposit |
| Answer» B. Checking account | |
| 1406. |
Largest shareholder of a nationalized bank is ? [IBA IBPSRO. 2011] |
| A. | RBI |
| B. | NABARD |
| C. | LIC |
| D. | Govt. of India |
| E. | A money deposited in a bank that cannot be withdrawn for a present |
| Answer» E. A money deposited in a bank that cannot be withdrawn for a present | |
| 1407. |
The RBI does not decide the? [SBI Clerk 2012] |
| A. | Rate of Repo and Reverse Repo |
| B. | Marginal standing facility rates |
| C. | Bank rates |
| D. | Rate of Dearness allowance to govt. employees |
| E. | SLR |
| Answer» E. SLR | |
| 1408. |
Which of the following terms is not used in banking & finance? [SBI Clerk 2012] |
| A. | Public debt |
| B. | Plasma |
| C. | Joint venture |
| D. | Net demand Time liability |
| E. | Treasury Bill |
| Answer» C. Joint venture | |
| 1409. |
What does the letter 'P? denote in term PAN as used in financial transaction? [SBI Clerk, 2012] |
| A. | Primary |
| B. | Partial |
| C. | Permanent |
| D. | Provisional |
| E. | Public |
| Answer» D. Provisional | |
| 1410. |
Which is a type of wholesaler? |
| A. | National wholesaler |
| B. | Local wholesaler |
| C. | Drupe shipper wholesaler |
| D. | Cash and carry wholesaler |
| E. | All of these |
| Answer» F. | |
| 1411. |
The channel of product is? |
| A. | Agent, retailer or wholesaler |
| B. | Product or service |
| C. | Producer |
| D. | Government |
| E. | Price |
| Answer» B. Product or service | |
| 1412. |
More for You" is |
| A. | Wholesaler |
| B. | Retailer |
| C. | Agent |
| D. | Manufacturer |
| E. | All of these |
| Answer» C. Agent | |
| 1413. |
Which of the following is indicated by labelling? |
| A. | Content |
| B. | Weight |
| C. | Measure |
| D. | Price |
| E. | All of these |
| Answer» F. | |
| 1414. |
State Bank of India is the sole authority to issue and manage currency in India. [IBPS RO. 2011] |
| A. | A nationalized bank is the sole authority to issue and manage currency in India |
| B. | A nationalization bank is the sole authorized tom issues and manage currency in India |
| C. | A Co-operative bank is the sole authority to issue and manage currency in India |
| D. | RBI is the sole authority to issue and manage currency in India |
| E. | None of these |
| Answer» E. None of these | |
| 1415. |
Nationalizations of banks aimed at all of the following except |
| A. | Provision of adequate credit for agriculture, SME and exports |
| B. | Removal of control by a few capitalists |
| C. | Provision of credit to big industries only |
| D. | Access of banking to masses |
| E. | Encouragement of a new class of entrepreneurs |
| Answer» D. Access of banking to masses | |
| 1416. |
Banking ombudsman scheme is applicable to the business of ? [IBJOP.O.22012] |
| A. | All scheduled commercial banks excluding RRBs |
| B. | All scheduled commercial banks including RRBs |
| C. | Only public sector banks |
| D. | All banking companies |
| E. | All scheduled banks except private banks |
| Answer» C. Only public sector banks | |
| 1417. |
MCX is the index of which of the following stock exchanges of India? [SBI Clerk 2012] |
| A. | NSE |
| B. | BSE |
| C. | Delhi stock exchange |
| D. | Kolkata stock exchange |
| E. | Multi commodity stock exchange |
| Answer» F. | |
| 1418. |
Which of the following is India's new rating index developed by the Ministry of finance? |
| A. | CECA |
| B. | CRIS |
| C. | SENSEX |
| D. | TJEA |
| E. | RTGS [SBI Clerk 2012] |
| Answer» C. SENSEX | |
| 1419. |
NEFT means: |
| A. | National Electronic fund transfer system |
| B. | Negotiated efficient fund transfer system |
| C. | National efficient fund transfer solution |
| D. | Non effective fund transfer system |
| E. | Negotiated Electronic foreign transfer system |
| Answer» B. Negotiated efficient fund transfer system | |
| 1420. |
Characteristics of good Packaging is |
| A. | Convenient |
| B. | Interesting |
| C. | Attractive and Protective |
| D. | All of these |
| E. | None of these |
| Answer» E. None of these | |
| 1421. |
Product identification involves |
| A. | Branding |
| B. | Packaging |
| C. | Labeling |
| D. | a, b and c |
| E. | None of these |
| Answer» E. None of these | |
| 1422. |
Marketing includes |
| A. | Branding |
| B. | Packaging |
| C. | Packing |
| D. | Standardization and grading |
| E. | All of the above |
| Answer» F. | |
| 1423. |
Which of the following is the largest exchange in the world in terms of number of listed companies? [NIACl.A020 |
| A. | BSE |
| B. | Toronto Stock Exchange |
| C. | NASDAQOMX |
| D. | Australian Securities Exchange |
| Answer» B. Toronto Stock Exchange | |
| 1424. |
A life insurance plan wherein the policy holder receives a fixed amount at specific intervals throughout the duration of the policy is known as? |
| A. | Whole life policy |
| B. | Unit linked plan |
| C. | Money-Back policy |
| D. | Fixed Term plan |
| Answer» E. | |
| 1425. |
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. | |
| 1426. |
The term "ATM" stands for ? [SBI Associate Clerk 2012] |
| A. | Alternate to Money |
| B. | Automated Transaction Machine |
| C. | Automated Toller Mechanism |
| D. | Automatic Teller Mode |
| E. | Automated Teller Machine |
| Answer» F. | |
| 1427. |
Monetary policy in India is formulated by ? [SSC, LDC, 2012] |
| A. | Finance Ministry |
| B. | RBI |
| C. | SEBI |
| D. | CLB |
| Answer» C. SEBI | |
| 1428. |
What is the full form of the term FDI? [IBPS RRB O.A. 2012] |
| A. | Foreign Direct investment |
| B. | Foreign diverse investment |
| C. | Fixed deposit investment |
| D. | Floating deposit investment |
| E. | Financial derivatives in India |
| Answer» B. Foreign diverse investment | |
| 1429. |
Regional Rural Banks? [IBPS RRB Officer- 2012] |
| A. | Have limited area of operation and access to refinance from NABARD |
| B. | Are required to lend only to weaker sections |
| C. | Are mandated to do only narrow banking |
| D. | Can only extend agricultural loans |
| E. | Have unrestricted area of operations |
| Answer» B. Are required to lend only to weaker sections | |
| 1430. |
The existence of a parallel economy of Black money? [SSC'SAS 2010] |
| A. | Makes the economy more competitive |
| B. | Makes the monetary policies less effective |
| C. | Ensure a better distribution on income and wealth |
| D. | Ensure increasing productive investment |
| Answer» C. Ensure a better distribution on income and wealth | |
| 1431. |
The monetary policy in India is formulated by? [SSC CGL 2010] |
| A. | Central government |
| B. | Industrial financial corporation of India |
| C. | RBI |
| D. | Industrial development of India |
| Answer» D. Industrial development of India | |
| 1432. |
Bi-Monthly Monetary policy review is undertaken by? |
| A. | SEBI |
| B. | Indian Bank's Association |
| C. | RBI |
| D. | Financial Stability Development Council (FSDC) |
| Answer» E. | |
| 1433. |
In order to boost growth under an expansionary monetary policy, the Central Bank of a country.......... |
| A. | Trims down money supply in the economy |
| B. | Increases money supply in the system |
| C. | Increases interest rates |
| D. | Restricts Government spending |
| Answer» C. Increases interest rates | |
| 1434. |
Bank Holidays are covered by which of the following? |
| A. | As per the order of GOI |
| B. | As per the order of IBA |
| C. | Negotiable Instruments Act |
| D. | RBI Act |
| Answer» D. RBI Act | |
| 1435. |
Recently, India has decided to introduce plastic currency notes. A number of other countries are already using plastic notes, but the pioneer in this field is? |
| A. | Sweden |
| B. | England |
| C. | France |
| D. | Australia |
| Answer» E. | |
| 1436. |
National Institute of Bank Management is the Institution meant for? [SBI Clerk 2014] |
| A. | Providing management personnel to the banks |
| B. | Training of bank employees in banking |
| C. | Providing consultancy of best practices in bank management |
| D. | All those given as option |
| Answer» C. Providing consultancy of best practices in bank management | |
| 1437. |
Which of the following is sovereign instrument with faced coupon (payable on a specified date or half yearly), issued the Reserve Bank for market borrowing programme of the government of India? |
| A. | Fixed Deposits |
| B. | Dated government Securities |
| C. | Debentures |
| D. | Bonds |
| Answer» C. Debentures | |
| 1438. |
The following is the biggest limitation of advertising. |
| A. | It forces consumer to buy the things he does not need. |
| B. | It sells gloss and dreams to prospective buyers. |
| C. | It tells consumers about the arrival of new products in market. |
| D. | All of the above |
| E. | None of the above |
| Answer» B. It sells gloss and dreams to prospective buyers. | |
| 1439. |
Marketing communication mix involves |
| A. | personal selling and advertising |
| B. | sales promotion |
| C. | public relation |
| D. | publicity |
| Answer» E. | |
| 1440. |
The trade sales promotion technique include |
| A. | trade allowance |
| B. | dealer loader |
| C. | trade contest |
| D. | push money |
| Answer» E. | |
| 1441. |
Effective communication skills are not required in marketing if |
| A. | demand exceeds supply |
| B. | Supply exceeds demand |
| C. | buyer is illiterate |
| D. | Seller is illiterate |
| Answer» E. | |
| 1442. |
For effective marketing, the salesman should have which of these qualities? [SBI Ass. Clerk 2008] |
| A. | Creativity |
| B. | Team spirit |
| C. | Motivation |
| D. | Effective communication skills |
| Answer» E. | |
| 1443. |
The sales process begins with? [SBI Ass. Clerk 2011] |
| A. | Customer identification |
| B. | Lead generation |
| C. | Sales presentation |
| D. | Sales closure |
| Answer» E. | |
| 1444. |
Incentives are paid to sales person in order to? [BOB PO. 2010] |
| A. | Distribute profits |
| B. | Improve performance of the sales persons |
| C. | Achieve targets of the sales person |
| D. | Impress the sales persons |
| Answer» E. | |
| 1445. |
Sales forecasting involves? [SBI Ass. Clerk 2008] |
| A. | Sales planning |
| B. | Sales pricing |
| C. | Distribution channels |
| D. | Consumer tastes |
| Answer» E. | |
| 1446. |
Market penetration connotes? |
| A. | Cornering a wide area of the market for sales |
| B. | Entering the buyers house |
| C. | Entering the sellers house |
| D. | Entering all shops and business house |
| Answer» E. | |
| 1447. |
Market penetration can be possible through? [SBI Clerk 2009] |
| A. | More calls to the same buyers |
| B. | More calls too many buyers |
| C. | Surrogate marketing |
| D. | Alternate marketing |
| Answer» E. | |
| 1448. |
The goods which are used for their production are called [SBI Clerk 2008] |
| A. | durable goods |
| B. | market goods |
| C. | derived goods |
| D. | consumer goods |
| Answer» E. | |
| 1449. |
Which of the following factor (s) leads to less price sensitivity? |
| A. | The product is more distinctive |
| B. | Buyers are less aware of substitutes |
| C. | Buyers cannot easily compare the quality of substitutes |
| D. | The expenditure is a smaller part of the buyer's total income |
| Answer» E. | |
| 1450. |
Good selling skills involve [SBI Clerk 2009] |
| A. | Patience |
| B. | Perseverance |
| C. | empathy |
| D. | Knowledge |
| Answer» E. | |