Account and Finance Practice Question and Answer

Q:

Electronic Fund Transfer scheme of RBI has been renamed as :

1947 0

  • 1
    Clearing
    Correct
    Wrong
  • 2
    Core Banking Solutions
    Correct
    Wrong
  • 3
    Real Time Gross Settlement
    Correct
    Wrong
  • 4
    National Electronic Fund Transfer
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "National Electronic Fund Transfer"

Q:

At Present the FDI limit in insurance sector is

1945 0

  • 1
    39 %
    Correct
    Wrong
  • 2
    49 %
    Correct
    Wrong
  • 3
    59 %
    Correct
    Wrong
  • 4
    69 %
    Correct
    Wrong
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Answer : 2. "49 %"

Q:

BHIM Stands for _______

1942 0

  • 1
    Bharat Interface for Money
    Correct
    Wrong
  • 2
    Bharat Heavy Interface for Money
    Correct
    Wrong
  • 3
    Bharat Heavy Interface Money
    Correct
    Wrong
  • 4
    Bharat High Interface for Money
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Bharat Interface for Money"

Q:

GST stands for_____

1938 0

  • 1
    Goods and Services Tax
    Correct
    Wrong
  • 2
    Growth and Service Tax
    Correct
    Wrong
  • 3
    Growth and Sale Tax
    Correct
    Wrong
  • 4
    Goods and Sales Tax
    Correct
    Wrong
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Answer : 1. "Goods and Services Tax"

Q:

RBI directed banks to provide doorstep banking facilities to- 

1936 0

  • 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:

Debenture holders of a company are its 

1911 0

  • 1
    Debtors
    Correct
    Wrong
  • 2
    Directors
    Correct
    Wrong
  • 3
    Shareholders
    Correct
    Wrong
  • 4
    Creditors
    Correct
    Wrong
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Answer : 4. "Creditors "

Q:

World's first thermal battery power plant is started in which state?

1875 0

  • 1
    Andhra Pradesh
    Correct
    Wrong
  • 2
    Kerala
    Correct
    Wrong
  • 3
    Uttar Pradesh
    Correct
    Wrong
  • 4
    Maharashtra
    Correct
    Wrong
  • 5
    Gujarat
    Correct
    Wrong
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Answer : 1. "Andhra Pradesh "

Q:

Which of the following is also known as consumer banking?

1859 0

  • 1
    Retail Banking
    Correct
    Wrong
  • 2
    State Bank
    Correct
    Wrong
  • 3
    Universal Banking
    Correct
    Wrong
  • 4
    Business Banking
    Correct
    Wrong
  • 5
    None of the these
    Correct
    Wrong
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Answer : 1. "Retail Banking"

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