Account and Finance Practice Question and Answer
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Q: What are the Pre-Payment charges applied on paying personal loan before tenure period.
1588 05e69bca1755e9d6ad85ceab3
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: How much % GST levied on Mobile Phones?
1567 05e69c805755e9d6ad85cfebf
5e69c805755e9d6ad85cfebf- 112%true
- 228%false
- 35%false
- 418%false
- 5None of thesefalse
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Answer : 1. "12%"
Q: HDFC stands for:
1565 05fc758340cb33424ae8b95d1
5fc758340cb33424ae8b95d1- 1Higher Development Finance Corporationfalse
- 2Housing Development Finance Corporationtrue
- 3Himachal Development Finance Corporationfalse
- 4Human Development Finance corporationfalse
- 5None of Thesefalse
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Answer : 2. "Housing Development Finance Corporation"
Q: A reverse mortgage is a special kind of home loan for
1565 05e783c19f012602a3deee648
5e783c19f012602a3deee648- 1Government Employees without any securityfalse
- 2Senior Citizenstrue
- 3Beneficiaries under Below Poverty Line Criteriafalse
- 4All of the Abovefalse
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Answer : 2. "Senior Citizens"
Q: Name the pilot project of NABARD for Digitalisation of Self-Help Groups (SHGS).
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5e97d79a6c81a33ea7b962d8- 1e-sarthifalse
- 2e- sathifalse
- 3e- shaktitrue
- 4e-narifalse
- 5None of thesefalse
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Answer : 3. " e- shakti "
Q: FDR is:
1561 05fc7533eb3b23538af6ce5c3
5fc7533eb3b23538af6ce5c3- 1Fix Date Ratefalse
- 2Fixed Deposit Receipttrue
- 3Full Date Ratefalse
- 4All of the abovefalse
- 5None of thesefalse
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Answer : 2. "Fixed Deposit Receipt"
Q: Which Organisation/Ministry is the Custodian of Foreign Reserves in India?
1560 05e7835b3e8e6613a385cfde3
5e7835b3e8e6613a385cfde3- 1Finance Ministryfalse
- 2Foreign Ministryfalse
- 3Reserve Bank of India(RBI)true
- 4None is Correctfalse
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Answer : 3. "Reserve Bank of India(RBI)"
Q: Which of the following is a fraud investigating agency in India?
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5e69ce4c755e9d6ad85d1e79- 1NEFTfalse
- 2IMPSfalse
- 3SWIFTfalse
- 4MZMfalse
- 5SFIOtrue
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Answer : 5. "SFIO"
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