Account and Finance Practice Question and Answer

Q:

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

1678 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:

Which of the following is India’s first Credit Information Company? 

1677 0

  • 1
    CRISIL
    Correct
    Wrong
  • 2
    SMERA
    Correct
    Wrong
  • 3
    ICRA
    Correct
    Wrong
  • 4
    CIBIL
    Correct
    Wrong
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Answer : 4. "CIBIL"

Q:

What is the Validity of a cheque?

1677 0

  • 1
    1 month
    Correct
    Wrong
  • 2
    3 month
    Correct
    Wrong
  • 3
    4 month
    Correct
    Wrong
  • 4
    6 month
    Correct
    Wrong
  • 5
    2 month
    Correct
    Wrong
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Answer : 2. "3 month"

Q:

Name the apex organization of industrial finance in India. 

1673 0

  • 1
    IFCI
    Correct
    Wrong
  • 2
    IDBI
    Correct
    Wrong
  • 3
    ICICI
    Correct
    Wrong
  • 4
    IIFI
    Correct
    Wrong
  • 5
    BCIF
    Correct
    Wrong
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Answer : 2. "IDBI "

Q:

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

1649 0

  • 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:

How many digits are there in an Aadhaar Virtual D? 

1647 0

  • 1
    18
    Correct
    Wrong
  • 2
    16
    Correct
    Wrong
  • 3
    12
    Correct
    Wrong
  • 4
    10
    Correct
    Wrong
  • 5
    11
    Correct
    Wrong
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Answer : 2. "16 "

Q:

‘Open Market Operations’ is related to which of the following organisation?

1636 0

  • 1
    Reserve Bank of India
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    Department of Investment and Public Asset Management(DIPAM)/
    Correct
    Wrong
  • 4
    None is Correct
    Correct
    Wrong
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Answer : 1. "Reserve Bank of India"

Q:

What is the minimum paid-up equity capital for small finance banks?

1633 0

  • 1
    Rs 10 crore
    Correct
    Wrong
  • 2
    Rs 500 crore
    Correct
    Wrong
  • 3
    Rs 100 crore
    Correct
    Wrong
  • 4
    Rs 200 crore
    Correct
    Wrong
  • 5
    Rs 1000 crore
    Correct
    Wrong
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Answer : 3. "Rs 100 crore"

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