Account and Finance Practice Question and Answer

Q:

If a cheque is presented for payment after six months from the date of the cheque it is called ______

1824 0

  • 1
    Bearer Cheque
    Correct
    Wrong
  • 2
    Order Cheque
    Correct
    Wrong
  • 3
    Open Cheque
    Correct
    Wrong
  • 4
    Stale Cheque
    Correct
    Wrong
  • 5
    Mutilated Cheque
    Correct
    Wrong
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Answer : 4. "Stale Cheque"

Q:

RBI directed banks to provide doorstep banking facilities to- 

1810 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:

BHIM Stands for _______

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  • 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:

Which state owned bank of India has decided to exit its South Africa operations?

1768 0

  • 1
    Punjab National Bank
    Correct
    Wrong
  • 2
    Bank of Baroda
    Correct
    Wrong
  • 3
    IDBI Bank
    Correct
    Wrong
  • 4
    Axis bank
    Correct
    Wrong
  • 5
    Canara Bank
    Correct
    Wrong
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Answer : 2. "Bank of Baroda"

Q:

GST stands for_____

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  • 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:

Debenture holders of a company are its 

1761 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:

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?

1753 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"

Q:

Which of the following is also known as consumer banking?

1734 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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