Account and Finance Practice Question and Answer

Q:

How much % GST levied on Mobile Phones?

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  • 1
    12%
    Correct
    Wrong
  • 2
    28%
    Correct
    Wrong
  • 3
    5%
    Correct
    Wrong
  • 4
    18%
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "12%"

Q:

The difference between exports and imports is called?

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  • 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:

What is the full form of ASBA:

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  • 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:

Who among of the following is UN Chief? 

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  • 1
    Ban Ki-Moon
    Correct
    Wrong
  • 2
    Roberto Azevedo
    Correct
    Wrong
  • 3
    Yukia Amano
    Correct
    Wrong
  • 4
    Christine Lagarde
    Correct
    Wrong
  • 5
    Antonio Guterres
    Correct
    Wrong
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Answer : 5. "Antonio Guterres"

Q:

How many digits are there in an Aadhaar Virtual D? 

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  • 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:

What are the Pre-Payment charges applied on paying personal loan before tenure period. 

1280 0

  • 1
    10% of the Principal
    Correct
    Wrong
  • 2
    5% of the Principal
    Correct
    Wrong
  • 3
    1-2% of the Principal
    Correct
    Wrong
  • 4
    7% of the Principal
    Correct
    Wrong
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Answer : 3. "1-2% of the Principal "

Q:

Which of the following is the nodal agency of Unstructured Supplementary Service Data (USSD) Service?

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  • 1
    NPCI
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    SBI
    Correct
    Wrong
  • 4
    SEBI
    Correct
    Wrong
  • 5
    FBI
    Correct
    Wrong
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Answer : 1. "NPCI"

Q:

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

1266 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"

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