MCQ QUESTIONS

MCQ QUESTIONS for UPSC Aspirants

To cater the MCQ needs of civil services aspirants we at A-CUBE IAS have MCQ question of the day. In this you will get a new MCQ on daily basis to boost your confidence with most relevant questions.
A fast-track revision for Prelims 2021 and it is absolutely free.
Not even registration required.
Keep attempting and share these with your friends, groups and on social media and write comments in comment box and your opinion.
10 May 2022
Question :
What were the reasons which led to bank nationalization of 1969?
  1. Expansion of bank branches was mostly in urban areas
  2. Agriculture and small scale industries were not getting proper access to banking facilities
  3. Bank credit was not utilized for financing projects according to Plan priorities
  4. Easy and cheap availability of credit to a few industrial houses had encouraged growth of monopolies
Select the correct answer using the code given below:

1 and 2 only
1, 2 and 3 only
2 and 4 only
All of the above

For explanation Click here

INDIAN ECONOMY  
28 Apr 2022
Question :
Q: Consider the following :
  1. The present share of Direct Tax is 52% of the total tax receipt.
  2. The direct tax collection this year has surpassed the indirect tax collection
Select the correct answer using the code given below. 

1 only
2 only
Both 1 and 2
Neither 1 nor 2

For explanation Click here

INDIAN ECONOMY       
14 Apr 2022
Question : Consider the following statements regarding the REWARD Project:
  1. REWARD is one of the largest water management programs around the world.
  2. This project Is a joint initiative of the Department of Land Resources, Ministry of Urban Development in association with the World Bank
  3. The International Bank for Reconstruction and Development (IBRD) will provide financial support to this project.
Which of the statement/s given above is/are NOT correct?

1 only
2 only
1 and 3 only
2 and 3 only

For explanation Click here

INDIAN ECONOMY      
09 Apr 2022
Question :
Consider the following statements:
  1. Regional Rural Bank (RRBs) are regulated by Reserve Bank of India 
  2. Regional Rural Bank was formed to serve the credit needs of the small and marginal farmers
  3. Regional Rural Bank was formed post economic reform of the year 1991
Which of the statement(s) given above is/are correct?

1 and 2 only
2 only
3 only
​1, 2 and 3

For explanation Click here

INDIAN ECONOMY      
06 Apr 2022
Question :
Which of the following is NOT a Commercial Bank?

Public Sector
Private Sector Bank
Co-operative Bank
Regional Rural Bank

For explanation Click here

INDIAN ECONOMY      
17 Mar 2022
Question : Consider the following statements regarding Initial Public Offering (IPO): 
  1. An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and also to retail (individual) investors
  2. After the IPO, shares of the company are traded freely in the open market at what is known as the free float
  3. Life Insurance Corporation (LIC) of India is going to be the biggest Indian IPO ever.
Which of the following statement/s given above is/are correct? 

1 and 2 only
1 and 3 only
3 only
1, 2 and 3

For explanation Click here

INDIAN ECONOMY       
04 Mar 2022
Question : Consider the following statements with regards to the Asian Infrastructure Investment Bank (AIIB):
  1. AIIB began operations in 2016 with 57 founding Members; now, AIIB has 105 members
  2. China is the largest shareholder in AIIB
  3. Former Reserve Bank of India (RBI) Governor Urjit Patel is one of the Vice-Presidents of the bank
Which of the statement/s given above is/are correct?
1 only
1 and 2 only
2 and 3 only
1, 2 and 3

For explanation Click here

INTERNATIONAL RELATIONS      
14 Feb 2022
Question :
When at any point of time, the Central Bank (RBI) decides to adopt a contractionary monetary policy, which of the following would it not do?
  1. Increase the Bank Interest Rates and Repo Rate
  2. Increase the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)
  3. Decrease the Marginal Standing Facility Rate
Select the correct answer using the code given below :

1 and 2 only
1 and 3 only
3 only
1, 2 and 3 

For explanation Click here

INDIAN ECONOMY      
13 Feb 2022
Question : Consider the following statement regarding Securities and Exchange Board of India (SEBI):
  1. SEBI was initially formed as a non-statutory body and later acquired statutory status in 1992.
  2. SEBI is an autonomous organization that works under the administration of the Union Finance Ministry.
  3. Headquarter of SEBI is in Delhi and has four regional offices located in Mumbai, Chennai, Ahmedabad and Kolkata.
Which of the statement(s) given above is/are correct?
1 only
1 and 2 only
1 and 3 only
1, 2 and 3

For explanation Click here

INDIAN ECONOMY      
10 Feb 2022
Question : Consider the following statements regarding electoral bond:
  1. Electoral bond can only be encashed by political parties, which had secured at least 1 percent of the votes polled in the most recent Lok Sabha or state election.
  2. These bonds are redeemable in the designated account of a registered political party.
  3. The bonds are available for purchase for a period of ten days each in the months of January, April, July and October only.
Which of the statement(s) given above is/are correct?
1 only
1 and 2 only
2 and 3 only
1, 2 and 3

For explanation Click here

INDIAN ECONOMY      

SUBSCRIBE TO OUR NEWSLETTER