Account and Finance Practice Question and Answer

Q:

____________ Bank has introduced first ATM in India.

1537 0

  • 1
    SBI
    Correct
    Wrong
  • 2
    ICICI
    Correct
    Wrong
  • 3
    HSBC
    Correct
    Wrong
  • 4
    Axis
    Correct
    Wrong
  • 5
    City Bank
    Correct
    Wrong
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Answer : 3. "HSBC"

Q:

Who was the Finance Minister of India when Banking Nationalization was done in 1969? 

1524 0

  • 1
    Morarji Desai
    Correct
    Wrong
  • 2
    Indira Gandhi
    Correct
    Wrong
  • 3
    Yashwantrao Chavan
    Correct
    Wrong
  • 4
    Chidambaram Subramaniam
    Correct
    Wrong
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Answer : 2. "Indira Gandhi "

Q:

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

1512 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?

1504 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. 

1504 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:

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

1493 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:

Corporate loans are offered to applicants who have established their business for how many years in India? 

1483 0

  • 1
    5
    Correct
    Wrong
  • 2
    6
    Correct
    Wrong
  • 3
    2
    Correct
    Wrong
  • 4
    7
    Correct
    Wrong
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Answer : 1. "5"

Q:

Who was the First Deputy Governor of Reserve Bank of India (RBI)?

1469 0

  • 1
    Osborne Smith
    Correct
    Wrong
  • 2
    HO Hume
    Correct
    Wrong
  • 3
    Lord Canning
    Correct
    Wrong
  • 4
    James B.Taylor
    Correct
    Wrong
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Answer : 1. "Osborne Smith"

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