Account and Finance Practice Question and Answer

Q:

_________ is a cheque written by the drawer(payer) for a date in the future.

1629 0

  • 1
    Bearer Cheque
    Correct
    Wrong
  • 2
    Anti-Dated Cheque
    Correct
    Wrong
  • 3
    Open Cheque
    Correct
    Wrong
  • 4
    Post-Dated Cheque
    Correct
    Wrong
  • 5
    Crossed Cheque
    Correct
    Wrong
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Answer : 4. "Post-Dated Cheque"

Q:

____________ became India’s first all woman bank.

1625 0

  • 1
    Dhanlaxmi Bank
    Correct
    Wrong
  • 2
    Lakshmi Vilas Bank
    Correct
    Wrong
  • 3
    Suryodaya Finance Bank
    Correct
    Wrong
  • 4
    Bharatiya Mahila Bank
    Correct
    Wrong
  • 5
    Utkarsh Finance Bank
    Correct
    Wrong
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Answer : 4. "Bharatiya Mahila Bank"

Q:

What is the full form of ASBA:

1606 0

  • 1
    Allotment supported by Blocked Amount
    Correct
    Wrong
  • 2
    Application supported by Blocked Amount
    Correct
    Wrong
  • 3
    Application supported by Bank Amount
    Correct
    Wrong
  • 4
    Allotment supported by Bank Account
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Application supported by Blocked Amount"

Q:

What is the upper age limit for Pradhan Mantri Jeevan Jyoti Bima Yojana renewable insurance scheme? 

1603 0

  • 1
    55 years
    Correct
    Wrong
  • 2
    60 years
    Correct
    Wrong
  • 3
    65 years
    Correct
    Wrong
  • 4
    50 years
    Correct
    Wrong
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Answer : 4. "50 years"

Q:

The difference between exports and imports is called?

1601 0

  • 1
    Assets and liabilities
    Correct
    Wrong
  • 2
    Balance of payment
    Correct
    Wrong
  • 3
    GDP
    Correct
    Wrong
  • 4
    Balance of trade
    Correct
    Wrong
  • 5
    Depreciation
    Correct
    Wrong
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Answer : 5. "Depreciation"

Q:

Which country has unveiled recently World's first train that operates on a virtual track using sensor technology?  

1599 0

  • 1
    Japan
    Correct
    Wrong
  • 2
    China
    Correct
    Wrong
  • 3
    India
    Correct
    Wrong
  • 4
    Bangladesh
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "China "

Q:

On which date was the Reserve Bank of India established?

1595 0

  • 1
    April 1, 1935
    Correct
    Wrong
  • 2
    July 12, 1982
    Correct
    Wrong
  • 3
    January 1, 1949
    Correct
    Wrong
  • 4
    August 15, 1947
    Correct
    Wrong
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Answer : 1. "April 1, 1935"

Q:

Which among the following is recently declared as first economic fugitive of India?

1590 0

  • 1
    Lalit Modi
    Correct
    Wrong
  • 2
    Nirav Modi
    Correct
    Wrong
  • 3
    Vijay Mallya
    Correct
    Wrong
  • 4
    Mehul choksi
    Correct
    Wrong
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Answer : 3. "Vijay Mallya "

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