Account and Finance Practice Question and Answer

Q:

If cheque is issued by a bank in the same city as the payee, the cheque will be called

1722 1

  • 1
    Outstation Cheque
    Correct
    Wrong
  • 2
    Local Cheque
    Correct
    Wrong
  • 3
    At par Cheque
    Correct
    Wrong
  • 4
    None of These
    Correct
    Wrong
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Answer : 2. "Local Cheque"

Q:

National Development Council was constituted in ____________.

1527 0

  • 1
    2 August, 1952
    Correct
    Wrong
  • 2
    6 August, 1952
    Correct
    Wrong
  • 3
    8 August, 1952
    Correct
    Wrong
  • 4
    12 August, 1952
    Correct
    Wrong
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Answer : 2. "6 August, 1952"

Q:

Banking companies act passed in:

1571 0

  • 1
    1939
    Correct
    Wrong
  • 2
    1949
    Correct
    Wrong
  • 3
    1959
    Correct
    Wrong
  • 4
    1969
    Correct
    Wrong
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Answer : 2. "1949"

Q:

A Debit Card Cam be issued to 

1712 0

  • 1
    Only Income tax assesses
    Correct
    Wrong
  • 2
    Only Professionals
    Correct
    Wrong
  • 3
    Only Women
    Correct
    Wrong
  • 4
    All farmers
    Correct
    Wrong
  • 5
    All savings account
    Correct
    Wrong
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Answer : 5. "All savings account"

Q:

First Bank established in India was

1438 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Bank of Hindustan
    Correct
    Wrong
  • 3
    Bank of Bharat
    Correct
    Wrong
  • 4
    Bank of Agra
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Bank of Hindustan"

Q:

Headquarter of IRDAI is located at

1606 0

  • 1
    Mumbai
    Correct
    Wrong
  • 2
    Chennai
    Correct
    Wrong
  • 3
    Ahmedabad
    Correct
    Wrong
  • 4
    Hyderabad
    Correct
    Wrong
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Answer : 4. "Hyderabad"

Q:

NREGA was renamed with the name of

1550 0

  • 1
    Indira Gandhi
    Correct
    Wrong
  • 2
    Rajiv Gandhi
    Correct
    Wrong
  • 3
    Mahatma Gandhi
    Correct
    Wrong
  • 4
    Sonia Gandhi
    Correct
    Wrong
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Answer : 3. "Mahatma Gandhi"

Q:

Mutual Funds investments can be effectively canvassed among

2548 0

  • 1
    Only Salaried persons
    Correct
    Wrong
  • 2
    Students availing education loans
    Correct
    Wrong
  • 3
    HNI customers
    Correct
    Wrong
  • 4
    sunrise industries
    Correct
    Wrong
  • 5
    poor farmers
    Correct
    Wrong
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Answer : 3. "HNI customers"

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