Account and Finance Practice Question and Answer

Q:

CRM means:

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  • 1
    Customer Relationship Management
    Correct
    Wrong
  • 2
    Customer Retention Manager
    Correct
    Wrong
  • 3
    Customer's Relatives Meet
    Correct
    Wrong
  • 4
    Channel Route Market
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Customer Relationship Management "

Q:

Who has given the concept that 'Bad Money drives Good Money out of circulation? 

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  • 1
    Robert Giffen
    Correct
    Wrong
  • 2
    Thomas Gresham
    Correct
    Wrong
  • 3
    J. R. Hicks
    Correct
    Wrong
  • 4
    W.J. Baumol
    Correct
    Wrong
  • 5
    Alfred Marshall
    Correct
    Wrong
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Answer : 2. "Thomas Gresham"

Q:

National Investment and Infrastructure Fund(NIIF) is recently established by the Union Government. It is an Alternate investment Fund (AIF) of

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  • 1
    category I
    Correct
    Wrong
  • 2
    category II
    Correct
    Wrong
  • 3
    category III
    Correct
    Wrong
  • 4
    category IV
    Correct
    Wrong
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Answer : 2. "category II"

Q:

In which year RBI introduced cheque truncation system? 

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  • 1
    2005
    Correct
    Wrong
  • 2
    2006
    Correct
    Wrong
  • 3
    2008
    Correct
    Wrong
  • 4
    2010
    Correct
    Wrong
  • 5
    2013
    Correct
    Wrong
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Answer : 3. "2008 "

Q:

RBI directed banks to provide doorstep banking facilities to- 

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  • 1
    Poor women
    Correct
    Wrong
  • 2
    Citizens above 50 years of age
    Correct
    Wrong
  • 3
    Children below 15 years of age
    Correct
    Wrong
  • 4
    Scheduled tribe persons
    Correct
    Wrong
  • 5
    Differently abled persons
    Correct
    Wrong
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Answer : 5. "Differently abled persons "

Q:

For how many months is a cheque valid from the date of issue?

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  • 1
    3 months
    Correct
    Wrong
  • 2
    6 months
    Correct
    Wrong
  • 3
    1 month
    Correct
    Wrong
  • 4
    2 months
    Correct
    Wrong
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Answer : 1. "3 months "

Q:

Who was the second Governor of Reserve Bank of India? 

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  • 1
    Sir C. D Deshmukh
    Correct
    Wrong
  • 2
    Sir James Taylor
    Correct
    Wrong
  • 3
    Sir W. T . McCallum
    Correct
    Wrong
  • 4
    Sir Osborne Smith
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Sir James Taylor "

Q:

Which bank has tied up with Mumbai Metro to launch ‘One Mumbai Metro Card’ powered by Mastercard, to ensure contactless and cashless travel for Mumbaikars?

1513 0

  • 1
    HDFC Bank
    Correct
    Wrong
  • 2
    IndusInd Bank
    Correct
    Wrong
  • 3
    Axis Bank
    Correct
    Wrong
  • 4
    Yes Bank
    Correct
    Wrong
  • 5
    ICICI Bank
    Correct
    Wrong
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Answer : 3. "Axis Bank"

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