Account and Finance Questions Practice Question and Answer

Q:

Which is the first bank started entirely with Indian capital?

1208 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Punjab National Bank
    Correct
    Wrong
  • 3
    Bank of Baroda
    Correct
    Wrong
  • 4
    Bank of Maharashtra
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Punjab National Bank"

Q:

Bank overdraft limit for Account holders of PMJDY increased to?

1206 0

  • 1
    Rs.15,000
    Correct
    Wrong
  • 2
    Rs.20,000
    Correct
    Wrong
  • 3
    Rs.10,000
    Correct
    Wrong
  • 4
    Rs.5,000
    Correct
    Wrong
  • 5
    Rs.25,000
    Correct
    Wrong
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Answer : 3. "Rs.10,000"

Q:

Which of the following is NOT a Govt-sponsored organization?

1205 0

  • 1
    Small Industries Development Bank of India
    Correct
    Wrong
  • 2
    NABARD
    Correct
    Wrong
  • 3
    National Housing Bank
    Correct
    Wrong
  • 4
    ICICI Bank
    Correct
    Wrong
  • 5
    All are Govt-sponsored
    Correct
    Wrong
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Answer : 4. "ICICI Bank"

Q:

Practiced in times of inflation

1204 0

  • 1
    Pump Priming Policy
    Correct
    Wrong
  • 2
    Positive Compensatory Expenditure Policy
    Correct
    Wrong
  • 3
    Negative Compensatory Expenditure Policy
    Correct
    Wrong
  • 4
    Both 2 and 3
    Correct
    Wrong
  • 5
    Both 1 and 3
    Correct
    Wrong
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Answer : 3. "Negative Compensatory Expenditure Policy"

Q:

ESIC Works under which of the following ministry?

1194 0

  • 1
    Ministry of Home Affairs
    Correct
    Wrong
  • 2
    Ministry Rural Development
    Correct
    Wrong
  • 3
    Ministry of Finance
    Correct
    Wrong
  • 4
    Ministry of Personnel and Public grievance
    Correct
    Wrong
  • 5
    Ministry of Labour and Employment
    Correct
    Wrong
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Answer : 5. "Ministry of Labour and Employment"

Q:

Credit Foncier was first established in France in the year 1952. He is called the father of land mortgage banks. When was the first co-operative land-mortgage bank established in our country in Punjab?

1194 0

  • 1
    1920
    Correct
    Wrong
  • 2
    1925
    Correct
    Wrong
  • 3
    1935
    Correct
    Wrong
  • 4
    1940
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "1920"

Q:

RBI absorbs liquidity in the system through :

1191 0

  • 1
    Repo
    Correct
    Wrong
  • 2
    Reverse Repo
    Correct
    Wrong
  • 3
    Both A and B
    Correct
    Wrong
  • 4
    Either A or B
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Reverse Repo"

Q:

Which bank has launched a ‘SIM Binding’ feature in its digital banking platforms to protect customers from various frauds?

1187 0

  • 1
    Union Bank of India
    Correct
    Wrong
  • 2
    HDFC Bank
    Correct
    Wrong
  • 3
    Yes Bank
    Correct
    Wrong
  • 4
    ICICI Bank
    Correct
    Wrong
  • 5
    State Bank of India
    Correct
    Wrong
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Answer : 5. "State Bank of India"

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