Account and Finance Practice Question and Answer
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Q: GST stands for_____
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60f7b2093ca0726dff341a9f- 1Goods and Services Taxtrue
- 2Growth and Service Taxfalse
- 3Growth and Sale Taxfalse
- 4Goods and Sales Taxfalse
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Answer : 1. "Goods and Services Tax"
Q: BHIM Stands for _______
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5e69cc250b8b1e6afc209dbd- 1Bharat Interface for Moneytrue
- 2Bharat Heavy Interface for Moneyfalse
- 3Bharat Heavy Interface Moneyfalse
- 4Bharat High Interface for Moneyfalse
- 5None of thesefalse
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Answer : 1. "Bharat Interface for Money"
Q: _________Bank has introduced the first Credit Card in India.
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5e69c6af0b8b1e6afc208b64- 1Union Bank of Indiafalse
- 2UTI Bankfalse
- 3Axis Bankfalse
- 4Central Bank of Indiatrue
- 5Bank of Indiafalse
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Answer : 4. "Central Bank of India"
Q: Concept of "Service Area Approach" was recommended by :
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5fc74f9db3b23538af6cc8f0- 1R.V. Guptatrue
- 2A.D. Gorawalafalse
- 3Dr. P.D. Ojha Committeefalse
- 4Dr. Kaliafalse
- 5None of thesefalse
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Answer : 1. "R.V. Gupta "
Q: The reserves which can act as liquidity buffer for commercial banks during crisis times are:
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5fc75a88d0af4c56f5e7491a- 1CRR and SLRtrue
- 2Only CRRfalse
- 3Only SLRfalse
- 4Reverse Repo ratefalse
- 5None of thesefalse
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Answer : 1. "CRR and SLR"
Q: Corporate loans are offered to applicants who have established their business for how many years in India?
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5e69be37755e9d6ad85ceb76- 15true
- 26false
- 32false
- 47false
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Answer : 1. "5"
Q: 16 Which of these banks was nationalized in 1969?
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5e99b0f51dda1f42d77fd296- 1Andhra Bankfalse
- 2Vijaya Bankfalse
- 3Punjab and Sind Bankfalse
- 4Oriental Bank of Commerce.false
- 5None of thesetrue
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Answer : 5. "None of these"
Q: If a cheque is presented for payment after six months from the date of the cheque it is called ______
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5e69cfa68fcee56af2fb80c8- 1Bearer Chequefalse
- 2Order Chequefalse
- 3Open Chequefalse
- 4Stale Chequetrue
- 5Mutilated Chequefalse
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Answer : 4. "Stale Cheque"
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