Account and Finance Practice Question and Answer
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Q: _________ is a cheque written by the drawer(payer) for a date in the future.
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5e69cedb0b8b1e6afc20b373- 1Bearer Chequefalse
- 2Anti-Dated Chequefalse
- 3Open Chequefalse
- 4Post-Dated Chequetrue
- 5Crossed Chequefalse
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Answer : 4. "Post-Dated Cheque"
Q: ____________ became India’s first all woman bank.
1570 05e69c61aee03046acc56514c
5e69c61aee03046acc56514c- 1Dhanlaxmi Bankfalse
- 2Lakshmi Vilas Bankfalse
- 3Suryodaya Finance Bankfalse
- 4Bharatiya Mahila Banktrue
- 5Utkarsh Finance Bankfalse
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Answer : 4. "Bharatiya Mahila Bank"
Q: What is the full form of ASBA:
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5fc752edb3b23538af6ce54d- 1Allotment supported by Blocked Amountfalse
- 2Application supported by Blocked Amounttrue
- 3Application supported by Bank Amountfalse
- 4Allotment supported by Bank Accountfalse
- 5None of thesefalse
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Answer : 2. "Application supported by Blocked Amount"
Q: In which year National Electronic Fund Transfer started in India?
1557 05e69c3d50b8b1e6afc207f20
5e69c3d50b8b1e6afc207f20- 12004false
- 22002false
- 32006false
- 42005true
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Answer : 4. "2005"
Q: The difference between exports and imports is called?
1556 05fc75610d0af4c56f5e721ba
5fc75610d0af4c56f5e721ba- 1Assets and liabilitiesfalse
- 2Balance of paymentfalse
- 3GDPfalse
- 4Balance of tradefalse
- 5Depreciationtrue
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Answer : 5. "Depreciation"
Q: What are the Pre-Payment charges applied on paying personal loan before tenure period.
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5e69bca1755e9d6ad85ceab3- 110% of the Principalfalse
- 25% of the Principalfalse
- 31-2% of the Principaltrue
- 47% of the Principalfalse
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Answer : 3. "1-2% of the Principal "
Q: Which country has unveiled recently World's first train that operates on a virtual track using sensor technology?
1547 05e97db6d6c81a33ea7b9796e
5e97db6d6c81a33ea7b9796e- 1Japanfalse
- 2Chinatrue
- 3Indiafalse
- 4Bangladeshfalse
- 5None of thesefalse
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Answer : 2. "China "
Q: On which date was the Reserve Bank of India established?
1542 05e7852327c405e4e893a38a7
5e7852327c405e4e893a38a7- 1April 1, 1935true
- 2July 12, 1982false
- 3January 1, 1949false
- 4August 15, 1947false
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Answer : 1. "April 1, 1935"
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