Account and Finance Practice Question and Answer

Q:

_________Bank has introduced the first Credit Card in India.

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  • 1
    Union Bank of India
    Correct
    Wrong
  • 2
    UTI Bank
    Correct
    Wrong
  • 3
    Axis Bank
    Correct
    Wrong
  • 4
    Central Bank of India
    Correct
    Wrong
  • 5
    Bank of India
    Correct
    Wrong
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Answer : 4. "Central Bank of India"

Q:

Which public sector bank has tied up with Action Construction Equipment Ltd. to finance farm machinery through the branches of the bank? 

1568 0

  • 1
    OBC
    Correct
    Wrong
  • 2
    BOI
    Correct
    Wrong
  • 3
    SBI
    Correct
    Wrong
  • 4
    UCO Bank
    Correct
    Wrong
  • 5
    PNB
    Correct
    Wrong
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Answer : 5. "PNB"

Q:

Commercial Paper can be issued in the de- nomination of – 

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  • 1
    25,000
    Correct
    Wrong
  • 2
    50,000
    Correct
    Wrong
  • 3
    1,00,000
    Correct
    Wrong
  • 4
    5,00,000
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "5,00,000 "

Q:

16 Which of these banks was nationalized in 1969?   

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  • 1
    Andhra Bank
    Correct
    Wrong
  • 2
    Vijaya Bank
    Correct
    Wrong
  • 3
    Punjab and Sind Bank
    Correct
    Wrong
  • 4
    Oriental Bank of Commerce.
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 5. "None of these"

Q:

The reserves which can act as liquidity buffer for commercial banks during crisis times are:

1547 0

  • 1
    CRR and SLR
    Correct
    Wrong
  • 2
    Only CRR
    Correct
    Wrong
  • 3
    Only SLR
    Correct
    Wrong
  • 4
    Reverse Repo rate
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "CRR and SLR"

Q:

Concept of "Service Area Approach" was recommended by :

1542 0

  • 1
    R.V. Gupta
    Correct
    Wrong
  • 2
    A.D. Gorawala
    Correct
    Wrong
  • 3
    Dr. P.D. Ojha Committee
    Correct
    Wrong
  • 4
    Dr. Kalia
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "R.V. Gupta "

Q:

Which of the following is not a measurement dimension of the recently launched Financial Inclusion Index (FII)?

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  • 1
    Quantity of Credit to GDP
    Correct
    Wrong
  • 2
    Access to financial services
    Correct
    Wrong
  • 3
    Usage of financial services
    Correct
    Wrong
  • 4
    Quality
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Quantity of Credit to GDP"

Q:

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

1538 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 "

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